Hong Kong Stock Announcements: Dongshan Precision Launches IPO, Li Auto Introduces External Equity Financing for Mahexin Technology via Capital Subscription Agreement

Stock News09:05

Key Developments:

Suzhou Dongshan Precision Manufacturing Co., Ltd. (02384) is conducting an IPO subscription period from October 20 to October 23, bringing in cornerstone investors including Alibaba Investment.

INSILICO (03696) has achieved an early drug discovery milestone in its AI research collaboration with Servier, triggering a milestone payment.

LI AUTO-W (02015) is introducing external equity financing for Mahexin Technology through a capital subscription agreement.

SD GOLD (01787) plans to jointly establish a Hong Kong treasury company with its controlling shareholder to further strengthen centralized management of the company's overseas funds.

GCL TECH (03800) may acquire approximately 81.91% equity in Sichuan GCL Lithium Battery Technology.

METIS TECHBIO-P (07666) has entered into a strategic collaboration with Eli Lilly to advance next-generation tissue-specific LNP delivery technology.

RIBOLIFE-B (06938) plans to acquire the remaining 49.71% equity in Ribocure Pharmaceuticals AB.

MABWELL-B (02493) will present clinical data for 9MW2821 in an oral presentation at the 2026 European Society for Medical Oncology (ESMO) Congress.

BAY AREA DEV (00737): Guangshenzhu Company has entered into subsequent civil engineering construction contracts with various winning bidders for the Guangzhou-Shenzhen-Hong Kong Expressway Shenzhen section expansion and renovation project.

A subsidiary of China Renaissance Holdings (01911) successfully assisted Xinai Technology, a leading domestic supplier of high-end IC packaging substrates in the AI sector, in completing its A2 round of financing.

GOGOX (02246) plans to dispose of all equity in GGEx Holdings Limited and intends to change its Chinese name to "GOGO Technology."

Operating Results:

SF Holding (06936) reported combined revenue of RMB 28.719 billion for its express logistics business, supply chain, and international business in September, representing a year-on-year increase of 6.34%.

Shenzhen Investment (00604) recorded contracted sales of approximately RMB 1.814 billion in the third quarter.

Chow Sang Sang (00116) reported a 3% year-on-year increase in retail sales value for the third quarter.

ZIJIN GOLD INTL (02259) reported profit attributable to owners of the parent company of USD 2.015 billion for the first three quarters, representing a year-on-year increase of 123%.

TCL ELECTRONICS (01070) expects adjusted net profit attributable to shareholders to increase by approximately 45% to 55% year-on-year for the first three quarters.

Shimao Group (00813) reported cumulative contracted sales of approximately RMB 10.503 billion for the first nine months, representing a year-on-year decrease of 45.35%.

Ronshine China (03301) reported total contracted sales of approximately RMB 1.88 billion for the first nine months, representing a year-on-year decrease of 37.33%.

Central China Real Estate (00832) reported property contracted sales of RMB 438 million in September, representing a year-on-year decrease of 12.2%.

Yida China (03639) reported contracted sales of approximately RMB 390 million for the first nine months, representing a year-on-year decrease of 31.82%.

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