Major Events - Thinker Education (01769) has established a joint venture with Shenzhen Huaxia Junyong to develop and explore educational artificial intelligence robots [1] - Aide New Energy (02623) received a buyout offer at a discount of approximately 48.7% and will resume trading on November 4 [1] - Giant Star Legend (06683) signed a sales contract for robots worth over 20 million yuan, marking a significant step in cross-industry IP commercialization [1] - Baset Pharmaceutical-B (02616) announced that the IND for the combination therapy of CS2009 (PD-1/VEGF/CTLA-4 tri-specific antibody) has been approved in China, further exploring the potential of tri-antibody treatment [1] - Sirus (09927) raised approximately 14.016 billion HKD from a global offering, with the Hong Kong public offering being oversubscribed by 132.68 times [1] - Junsen Electronics (00699) set the offer price for H shares at 22 HKD per share [1] - WeRide (00800) finalized the offer price at 27.10 HKD per share [1] Financial Data - Yum China (09987) reported a 8% year-on-year increase in operating profit for the third quarter, reaching 400 million USD, with a quarterly dividend of 0.24 USD per share [1] - Yuexiu Property (00123) recorded a cumulative contract sales amount of approximately 92.102 billion CNY in the first ten months, representing a year-on-year increase of about 1.2% [1] - Country Garden (02007) achieved a contract sales amount of approximately 2.9 billion CNY in October attributable to shareholders [1]

Core Viewpoint - The establishment of a joint venture between the company and Shenzhen Huaxia Junyong aims to develop and explore educational artificial intelligence robots, enhancing the company's overall business development and competitive advantage in this sector [1][2]. Group 1: Joint Venture Details - The joint venture agreement was signed on November 4, 2025, with a registered capital of RMB 385 million [1]. - The company will contribute RMB 115.5 million, while Shenzhen Huaxia Junyong will contribute RMB 269.5 million, resulting in ownership stakes of 30% and 70%, respectively [1]. - The joint venture will be accounted for as an associate company in the company's consolidated financial statements, using the equity method [1]. Group 2: Strategic Benefits - The joint venture is expected to accelerate the company's entry into the educational AI robot industry, driving overall business growth [2]. - By leveraging the joint venture's network and resources, the company aims to access diverse and advanced equipment and technology, enhancing its technical development and accumulating valuable experience and knowledge [2]. - Educational AI robots can assist teaching by recognizing handwritten characters and complex formulas, providing step-by-step solutions and learning analysis, as well as offering real-time feedback to students and behavioral analysis to teachers for personalized instruction [2].

Core Viewpoint - The company has entered into a joint venture agreement with Shenzhen Huaxia Junyong to establish a company focused on the research and development of educational artificial intelligence robots, with a registered capital of RMB 385 million [1] Group 1 - The joint venture will have a registered capital of RMB 385 million, with the company contributing RMB 115.5 million and Shenzhen Huaxia Junyong contributing RMB 269.5 million, resulting in ownership stakes of 30% and 70% respectively [1] - The joint venture will be accounted for as an associate company in the company's consolidated financial statements, using the equity method [1] - The company believes that the development of educational AI robots complements its existing business and will create synergies for overall business growth [1] Group 2 - Establishing the joint venture will accelerate the company's entry into the educational AI robot industry and promote overall business development [2] - The joint venture will provide access to diverse and advanced equipment and technology, enhancing the company's technological capabilities and accumulating valuable experience and knowledge [2] - Educational AI robots can assist teaching by recognizing handwritten characters and complex formulas, providing step-by-step solutions and learning analysis, offering instant feedback, and enabling personalized teaching through student behavior analysis [2]

Core Viewpoint - The company, Thinker Education (01769.HK), has entered into a joint venture agreement with Shenzhen Huaxia Junyong to establish a company focused on the research and development of educational artificial intelligence robots, with a registered capital of RMB 385 million [1] Group 1 - The joint venture will have a registered capital of RMB 385 million, with Thinker Education contributing RMB 115.5 million and Shenzhen Huaxia Junyong contributing RMB 269.5 million [1] - After the establishment of the joint venture, Thinker Education will hold a 30% equity stake while Shenzhen Huaxia Junyong will hold 70% [1] - The joint venture will be accounted for as an associate company in Thinker Education's financial statements, with its financial performance included using the equity method [1] Group 2 - The company believes that the development of educational AI robots complements its existing business and will create synergies for overall business growth [1] - Establishing the joint venture is expected to accelerate the company's entry into the educational AI robot industry and promote overall business development [1] - The joint venture will provide access to diverse and advanced equipment and technology, enhancing the company's technological development and competitive advantage in the educational AI robot sector [1]