Core Viewpoint - The company, Peiran Environmental Protection (08320), has established a wholly-owned subsidiary, Shanghai Peiran Environmental Technology Service Co., Ltd., to expand its business in mainland China, particularly in the Yangtze River Delta region and nationwide [1] Group 1: Business Expansion - Shanghai Peiran aims to provide consulting services in green, healthy, and smart buildings, ESG strategies, carbon neutrality, sustainable industrial parks, green finance, and innovative technologies [1] - The future development of these services includes: (i) one-stop services for green, healthy, and smart buildings, including design, certification, operation, and updates; (ii) enhancing ESG and dual carbon goal solutions to facilitate sustainable transformation for enterprises and industrial parks; (iii) promoting green finance and disclosure systems to add value for real estate developers and other industry clients; and (iv) establishing cross-regional and professional cooperation networks to support national carbon peak and carbon neutrality goals [1] Group 2: Expertise and Certifications - Shanghai Peiran has assembled a team of professional consultants with extensive practical certification experience in various fields, including green, healthy, and smart buildings, ESG, climate transition, carbon neutrality, green technology, green finance, and building performance simulation [2] - The certifications held by the team include GRESB Global Real Estate Sustainability Benchmark, LEED Volume Certification, LEED Communities Certification, LEED Zero Certification, WELL Building Certification, SITES Certification, TRUE Waste Certification, PARKSMART Certification, ISO 14064, Science-Based Targets Initiative (SBTi), GRI Sustainability Reporting Standards, ISSB International Sustainability Standards Board Standards, and green finance taxonomy, as well as carbon inventory and carbon audit certifications [2]

Core Viewpoint - The company, Peiran Environmental Protection (08320), has established a wholly-owned subsidiary, Shanghai Peiran Environmental Technology Service Co., Ltd., to expand its business in mainland China, focusing on green, healthy, and smart building consulting services, ESG strategies, carbon neutrality, sustainable industrial parks, green finance, and innovative technologies [1] Group 1 - Shanghai Peiran aims to extend its services throughout the Yangtze River Delta and nationwide [1] - The future development of services includes: (i) providing one-stop services for green, healthy, and smart buildings, including design, certification, operation, and updates; (ii) enhancing ESG and dual carbon goal solutions to facilitate sustainable transformation for enterprises and industrial parks; (iii) promoting green finance and disclosure systems to add value for clients in real estate and other industries; and (iv) establishing a cross-regional and professional cooperation network to support national carbon peak and carbon neutrality goals [1] Group 2 - Shanghai Peiran has assembled a new team of professional consultants with extensive practical certification experience in various fields, including green, healthy, and smart buildings, ESG, climate transition, carbon neutrality, green technology, green finance, and building performance simulation [2] - The certifications held by the team include GRESB, LEED (various certifications), WELL, SITES, TRUE, PARKSMART, ISO14064, SBTi, GRI, ISSB standards, and green finance classification, as well as carbon inventory and carbon audit certifications [2]

香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司（「聯交所」）對 本 公 告 的 內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 就 因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承 擔 任 何 責 任。 ALLIED SUSTAINABILITY AND ENVIRONMENTAL CONSULTANTS GROUP LIMITED 自願公告 拓展中國內地業務 沛然環保顧問有限公司 （於開曼群島註冊成立的有限公司） 此 乃 沛 然 環 保 顧 問 有 限 公 司（「本公司」，連 同 其 附 屬 公 司 統 稱「本集團」）自 願 作 出 的 公 告，以 向 其 股 東 及 有 意 投 資 者 提 供 有 關 本 公 司 業 務 發 展 的 最 新 資 料。 為 進 一 步 拓 展 中 國 內 地 的 業 務，本 公 司 近 期 成 立 了 一 家 間 接 全 資 附 屬 公 司，上 海 沛 然 環 保 科 技 服 務 有 限 公 司（「上海沛然」）。 （股份代號：8320） ...

Core Insights - The insurance industry is currently at a critical juncture for transformation and high-quality development, facing both strategic opportunities and challenges [2][3] - There is a growing demand for insurance products related to retirement, health, and long-term care, driven by changes in macroeconomic conditions, demographic structures, and technological advancements [1][2] Group 1: Industry Opportunities - The Chinese insurance market is the second largest globally, but there is still a gap in insurance depth and density compared to global averages [2] - The insurance industry is expected to evolve from a focus on risk compensation to a comprehensive management tool for quality of life and wealth management [1][4] Group 2: Consumer Demand Changes - Consumer preferences for risk management have shifted, leading to mismatches between supply and demand in the insurance sector, including issues like personalized needs versus standardized offerings [3][4] - There is a need for insurance companies to adapt to these changes by offering products and services that cover the entire lifecycle of customer needs, particularly in health, retirement, and wealth management [4] Group 3: Strategic Recommendations - The insurance industry should focus on high-quality development, enhancing compliance management, and innovating floating income products to better serve customer needs [4] - Companies are encouraged to adopt a family-centered approach to meet diverse needs in healthcare, retirement planning, and wealth preservation [4]

● 本报记者 陈露 梁涛表示，从规模上看，我国已经成为全球第二大保险市场，但是从保险深度与保险密度等来看，我国 离全球平均水平还存在差距。 此外，业内人士认为，随着经济、社会环境的变化，消费者的风险管理偏好也发生了变化，但保险业作 为服务供给侧并未针对消费者需求变化作出及时调整。益普索（中国）董事李海岚认为，目前保险业供 需两端仍存在四大错配，包括个性化需求与标准化供给错配、足额健康保障需求与低覆盖供给错配、跨 周期财富需求与短期化供给错配、多元化养老需求与弱协同供给错配。 向全面风险管理体系升级 业内人士认为，当前，消费者在选择风险保障方案时，其决策维度早已超越单一产品功能，转而聚 焦"产品+服务"的全链条体验。未来保险公司需顺应消费者需求变化，从单一的经济补偿机制向全面风 险管理体系升级。 白皮书调研结果显示，消费者需求已从标准化向个性化迭代，客户对保险公司的期待已超越保单本身， 延伸至健康、养老、财富等生活场景，保险服务供给唯有围绕不同客群构建覆盖客户家庭全生命周期的 分层体系，才能形成差异化竞争力。 "在宏观经济环境、社会人口结构、技术变革等因素共同作用下，民众在投资、储蓄、消费等方面呈现 出新特征。 ...

Core Insights - China Duty Free Group (中国中免) reported a mid-year revenue of RMB 28.151 billion for 2025, a year-on-year decrease of 9.96% [1] - Gross profit was RMB 8.99 billion, down 12.23% year-on-year, with net profit attributable to shareholders at approximately RMB 2.622 billion, a decline of 20.68% [1] - The company aims to deepen its presence in Hainan and create a new consumption pattern that integrates culture and tourism [1] Group 1: Business Development - The company is expanding its "Duty-Free+" boundaries, moving towards a multi-dimensional integration of "culture, commerce, sports, tourism, and health" [1] - It is actively creating diverse cultural and entertainment events and themed marketing IP activities, including star concerts and Disney-themed IPs [1] - The Sanya International Duty-Free City has been officially designated as a national AAAA-level tourist attraction, marking it as the first national-level tourist attraction centered on duty-free commerce [1] Group 2: Market Expansion - The company has successfully secured the operating rights for several duty-free stores at major international airports and border ports, enhancing its channel advantages [2] - New city stores have opened in Qingdao, Xiamen, and Harbin, with plans for six additional city duty-free stores [2] - The company is exploring unique shopping experiences, such as a "whiskey tavern," to create a diversified retail environment [2] Group 3: Product Innovation - The company is actively exploring new airport commercial models, collaborating with Gansu Airport Group to introduce 31 new brands at Lanzhou Zhongchuan International Airport [3] - It has introduced nearly 200 new brands in response to consumer trends, focusing on categories like national trend cosmetics, 3C digital products, and health [3] - The company is developing products and services tailored for the elderly, launching its own brand "China Duty Free Health" with nearly 40 popular health products [3]

Core Insights - The article emphasizes five fundamental investments in life: health, image, relationships, learning, and character, which are seen as more valuable than monetary investments [4] Group 1: Investment in Health - Regular exercise enhances energy levels, attention stability, and emotional resilience, which directly influence learning efficiency, decision quality, and social performance [7] - Sustainable investment in health is characterized by consistent frequency rather than extreme challenges, leading to a positive feedback loop in physical well-being [7] Group 2: Investment in Image - A good image reflects self-management, respect for others, and attention to detail, which are quickly assessed by others [8] - Effective self-discipline in managing one's appearance and communication fosters reliability and cooperation, serving as a passport to opportunities [9] Group 3: Investment in Relationships - Trust is viewed as a compound asset in relationships, where genuine interactions lead to long-term cooperation and support [11] - True relationship investment is based on delayed returns and asymmetrical benefits, where significant support at critical moments outweighs routine interactions [11] Group 4: Investment in Learning - The core of capability lies in the ability to apply learned knowledge to new problems, establishing a reusable thought process [13] - Effective learning should solve specific problems and enhance future problem-solving speed, ensuring that acquired skills yield continuous returns [13] Group 5: Investment in Character - Kindness and character serve as a hedge against risks in complex social environments, fostering high-trust networks and reducing the likelihood of being exploited [14] - Reputation acts as an "invisible credit line," facilitating access to resources and support when needed [16] Group 6: Interconnectedness of Investments - The five types of investments are interrelated, enhancing each other: exercise boosts energy, self-discipline optimizes time, a good image increases social trust, genuine relationships provide opportunities, and learning translates opportunities into results [18] - These investments require a shift in focus from immediate results to gradual accumulation over time [18] Group 7: Self-Assessment for Genuine Investment - Three self-assessment criteria are proposed: maintaining stable frequency in investments, external evidence of reliability and professionalism, and the speed of problem-solving due to past learning and relationships [20] Group 8: Long-Term Perspective - Treating these five investments as habits rewarded by time leads to a focus on ease of implementation and long-term accumulation rather than immediate outcomes [22]

Group 1 - The stock price of Chuangyue Huikang closed at 5.96 yuan on August 5, 2025, with an increase of 0.34% compared to the previous trading day [1] - The company reported a trading volume of 60.64 million shares and a transaction amount of 361 million yuan, with a turnover rate of 3.97% [1] - Chuangyue Huikang, established in 1997 and listed in 2015, operates in the software development industry, focusing on smart healthcare, smart sanitation, medical insurance, health, and elderly care information solutions [1] Group 2 - In 2024, the company's revenue composition indicated that the medical sector accounted for 93.25%, while the non-medical sector made up 6.75% [1] - On the evening of August 5, the company announced that its second-largest shareholder, Philips, plans to reduce its holdings by up to 46.33 million shares, representing 3% of the total share capital, with a proposed reduction amounting to approximately 276 million yuan based on the closing price [1] - For the first quarter of 2025, the company reported a revenue of 290 million yuan, a year-on-year decrease of 22.67%, and a net loss of 15.64 million yuan [1] Group 3 - On August 5, the net inflow of main funds was 8.47 million yuan, with a cumulative net inflow of 22.62 million yuan over the past five days [2]

Group 1 - The opening of the Osaka Yiwu Market on June 26 marks a significant step in the global expansion of the "World Supermarket" concept [2] - The market is a collaboration between Yiwu Mall Group and Japanese partner Aokafan, focusing on local market demands and offering a diverse range of quality products [2] - The market's first day saw a high volume of local buyers, indicating strong interest and engagement from the Osaka purchasing community [2] Group 2 - The Osaka Yiwu Market is the second overseas branch of the Yiwu small commodity market, following the Dubai Yiwu China Small Commodity City, which opened in June 2022 [3] - Yiwu market is recognized as the largest small commodity distribution center globally, featuring 2.1 million products across 26 categories, significantly contributing to the development of over 20 industrial clusters in China [3] - The Yiwu Mall Group has initiated a brand overseas strategy, planning to establish 46 overseas projects in 20 countries and regions by 2024, aiming to showcase 700,000 products to international buyers [3]

Group 1 - Huatai Life Insurance has officially opened its Shenzhen branch, marking a significant step in its strategic expansion within the Guangdong-Hong Kong-Macao Greater Bay Area [1] - Shenzhen, as a key economic center with a GDP exceeding 3.8 trillion RMB in 2024, presents a substantial market potential for life insurance due to its young population and high income levels [1] - The new branch is located in Nanshan District, a strategic area with numerous Fortune 500 companies and a mature commercial environment, enhancing Huatai Life's national layout and collaboration with the Greater Bay Area [1] Group 2 - Huatai Life has been operating in the mainland market for 20 years, providing risk protection and wealth management services to over 7 million customers through 21 branches and more than 300 outlets [2] - The company focuses on a high-quality business model with individual insurance as the main channel, supported by its shareholders' international advantages [2] - Huatai Life aims to innovate its product and service systems, targeting health, accident, retirement, and wealth management, while also developing a platform for training elite insurance professionals [2] Group 3 - On its 20th anniversary, Huatai Life is committed to leveraging policy and market opportunities in Shenzhen, aiming to contribute to the high-quality development of the local life insurance industry [3] - The company emphasizes its brand philosophy of "Every Journey, No Limits," focusing on nurturing talent and enhancing the quality of life for Shenzhen residents [3]