Hong Kong Stock Announcement Highlights | HESAI-W Reports Record High Q3 Net Profit of RMB256 Million

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Yesterday

**Key Developments:** - Far East Consortium (00035) subsidiary plans to sell partial interests in The Ritz-Carlton, Perth, Australia. - Media Asia (01003) enters strategic cooperation framework agreement with Step Star. - KuangChi International (01683) signs MOU for 51% stake acquisition in Henan JiuCai Supply Chain. - Boldwin (00372): Guangxi Leading International Logistics to invest RMB282 million for a 31.97% diluted stake in Guangming. - Venture Group (02221) partners with JD Technology to develop and promote smart food waste processing equipment. - Emperor International (01950) proposes sale of 24% stake in Darkblue Investment Ltd. for RMB29.86 million.

**Operational Performance:** - **HESAI-W (02525)** reports Q3 results with a record-high net profit of **RMB256 million**. - Yufengchang Holdings (08631) posts interim revenue of ~HK$38.48 million, up **306.14% YoY**. - CIFI Holdings (00884) records cumulative contracted sales of ~RMB14.17 billion in the first 10 months. - CGN New Energy (01811) achieves power generation of ~15,750 GWh, down **3.5% YoY**. - Morningtech (02000) reports 10-month revenue of HK$300.3 million, down **7.3% YoY**. - Seazen Development (01030) sees contracted sales drop **52.2% YoY** to ~RMB16.468 billion.

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