香港交易及結算所有限公司及香港聯合交易所有限公司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，概不對因本公告全部 或任何部份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。 SUPERACTIVE GROUP COMPANY LIMITED 先機企業集團有限公司 （於百慕達註冊成立之有限公司） （股份代號：0176） 復牌進度季度更新 及 繼續暫停買賣 本公告乃由先機企業集團有限公司（「本公司」，連同其附屬公司，統稱 為「本集團」）根據香港聯合交易所有限公司（「聯交所」）證券上市規 則（「上市規則」）第 13.24A 條而作出。 茲提述本公司日期為二零二五年七月二日及七月七日之公告，內容有關 （其中包括）復牌指引及復牌進度季度更新（「該等公告」）。除另有界 定者外，本公告所用詞彙與該等公告所界定者具有相同涵義。 業務營運更新 本集團現有業務主要於香港從事提供放債服務及於中華人民共和國從 事電子產品生產及物業開發和管理。 本集團經營業務，根據管理層資料，電子產品生產仍為本集團之主要業 務分部，其銷售額於二零二四年有所增長且產生分部利潤。銷售額於二 零二五年仍維持穩定。 1 麗 ...

Group 1 - Southbound funds reduced their holdings in Jingji Financial International (01468.HK) by 859,000 shares on September 19, 2025, marking a decrease of 0.09% [1][2] - Over the past five trading days, there has been a cumulative net reduction of 5,089,000 shares, while in the last twenty trading days, the total net reduction reached 20,366,000 shares [1][2] - As of now, southbound funds hold 999.7 million shares of Jingji Financial International, accounting for 57.38% of the company's total issued ordinary shares [1][2] Group 2 - Jingji Financial International is primarily engaged in insurance brokerage and operates through seven divisions, including insurance brokerage, insurance technology, network and authorization, fur sales, securities, lending, and asset management [2]

Core Viewpoint - The announcement from the Hong Kong Securities and Futures Commission regarding the concentrated shareholding of Shandong High-Speed Holdings has led to a significant drop in its stock price, highlighting the risks associated with high share concentration [1][2][4]. Shareholding Structure - As of September 1, 2025, 92.46% of Shandong High-Speed Holdings' shares are held by a small number of shareholders, with only 7.54% held by other investors [1][4]. - The company has 20 shareholders collectively holding 1.444 billion shares, representing 24.00% of the total issued shares, while two major shareholders hold 4.121 billion shares, accounting for 68.46% [4][5]. Stock Price Movement - Following the announcement, the stock price of Shandong High-Speed Holdings fell to a low of 5.18 HKD per share, marking a decline of over 60% [2]. - The stock price had previously increased by 193.6% from 5.82 HKD on April 16, 2025, to 17.09 HKD on September 1, 2025, before the recent drop [5]. Company Performance - In the first half of the year, Shandong High-Speed Holdings reported revenue of 2.503 billion RMB, a year-on-year decrease of 13.03%, while net profit increased by 506% to 476 million RMB [6][7]. - The company is transitioning from financial investments to industrial investments, focusing on sectors like new energy and infrastructure [7]. Market Reactions and Implications - The concentration of shares often leads to panic selling among retail investors, exacerbated by algorithmic trading and short-selling by hedge funds, resulting in sharp price declines [11]. - High share concentration can hinder effective corporate governance and market liquidity, necessitating a reevaluation of share distribution strategies to enhance governance and competitiveness [11].

Core Viewpoint - Empire Financial Group announced a financing plan through the placement of new shares, aiming to raise approximately HKD 0.18 billion after expenses [1] Group 1: Financing Details - The company plans to issue 46,680,000 shares at a price of HKD 0.388, representing a discount of about 19.17% compared to the previous trading day's closing price of HKD 0.480 [1] - The placement shares will account for approximately 20.00% of the existing issued share capital and about 16.67% of the enlarged share capital post-issuance [1] Group 2: Use of Proceeds - Approximately HKD 0.07 billion will be allocated for general working capital [1] - Around HKD 0.06 billion is designated for further development of financial services [1] - About HKD 0.05 billion will be used for the development and investment in Web 3.0 projects [1] Group 3: Company Overview - Empire Financial Group is an investment holding company engaged in various sectors including lending, securities and futures brokerage, asset management, thoroughbred investment, portable electronic and home appliance production and sales, and cryptocurrency mining [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不 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 之 任 何 損 失 承 擔 任 何 責 任。 CHINA NEW CONSUMPTION GROUP LIMITED 中國新消費集團有限公司 於 本 公 告 日 期，本 集 團 已 動 用 二 零 二 四 年 所 得 款 項 淨 額 合 共 約10.5百 萬 港 元， 而剩餘二零二四年所得款項淨額約12.0百 萬 港 元 尚 未 動 用（「未動用二零二四年 所得款項淨額」）。 （於開曼群島註冊成立之有限公司） （股份代號：8275） 變更所得款項用途 本 公 告 乃 由 中 國 新 消 費 集 團 有 限 公 司（「本公司」，連 同 其 附 屬 公 司，統 稱「本 集 團」）作 出，旨 在 知 會 本 公 司 股 東（「股 東」）及 潛 在 投 資 者 有 關 本 集 團 變 更 所 得 款 項 用 途 之 情 況。 茲提述本公司 ...