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Company news and operating events

Material corporate disclosures, operating changes, transactions, governance and company-level developments.

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Hong KongImportance 65

XPeng G9L Launches with Six Variants, 800V Platform and 5C Fast Charging

XPeng (09868) has launched the G9L, a five-seat technology flagship offered with super-extended-range and battery-electric powertrains across six variants, priced from RMB 231,800 under a limited-time offer. All versions feature an 800V high-voltage platform and 5C fast charging. The extended-range version delivers 1,602 kilometres of combined range, while the electric version offers up to 755 kilometres. The top variant is priced at RMB 309,800.

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OtherImportance 45

Chengdu 489-Metre Tower Held to 372.6 Metres by Aviation Height Limit

China Overseas Jialong Chengdu Real Estate has told contractors that its Chengdu tower project has not obtained a construction permit for floors above 78 because of aviation height restrictions, capping structural work at 372.6 metres. The Tianfu New Area park city bureau said the planned height remains 489 metres and that claims of a reduction to 372 metres are untrue. The site remains under construction.

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33
OtherImportance 55

Sugon Signs Strategic Cooperation Agreement with China-ASEAN AI Application Cooperation Center

On September 17, 2026, during the 23rd China-ASEAN Expo, Sugon signed a strategic cooperation agreement with the China-ASEAN National Artificial Intelligence Application Cooperation Center. The two sides will work to establish Sugon's ASEAN business headquarters, jointly build the Guanghe Organization (Guangxi) Industrial Ecosystem Innovation Center, and pursue cooperation in computing infrastructure, industrial ecosystems, and application innovation to support domestic computing power in serving ASEAN artificial intelligence development.

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OtherImportance 45

Acting Mayor Zhao Yun of Taonan Visits Shanghai Electric Wind Power

Zhao Yun, deputy secretary of the Taonan municipal party committee and acting mayor, led a delegation to Shanghai Electric Wind Power on September 17, 2026. The two sides held in-depth discussions on deepening government-enterprise coordination, extending the industrial chain, and cooperation on new energy projects, reaching multiple points of consensus.

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35
OtherImportance 55

Zhendong Pharmaceutical and Huawei Launch Joint AI Drug Discovery Laboratory

Zhendong Pharmaceutical and Huawei unveiled a joint innovation laboratory for AI-enabled drug discovery at Huawei Connect 2026 in Shanghai on September 17, 2026. The laboratory will focus on target discovery, hit compound discovery, lead compound optimization, and clinical trials, while accelerating the application of Ascend in vertical industry scenarios.

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36
U.S. equitiesImportance 75

Lockheed Martin Details AIM-260 Missile as Australia Approves USD 521 Million Purchase

Lockheed Martin signed a framework agreement with the US Department of Defense to accelerate production and delivery of the AIM-260 Joint Advanced Tactical Missile, pending congressional approval of a multi-year procurement contract. Australia said on August 6, 2026 it will invest nearly AUD 736 million, about USD 521 million, to buy the missile through the US Foreign Military Sales system, becoming the first operator outside the United States. A December 2025 US plan covered up to 450 missiles worth about USD 3.16 billion.

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OtherImportance 30

OPPO Founder Chen Mingyong Marks 31st Anniversary, Distills Values and Discusses AI

OPPO recently held its 31st anniversary celebration, where founder and CEO Chen Mingyong spoke about the company's core value of benfen, artificial intelligence, and OPPO's future. Chen said OPPO has distilled benfen into three keywords, including keeping a calm mind and grasping the essence. No specific figures or percentages were disclosed.

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38
A-sharesImportance 65

Lygend Sets A-Share Issue Price at RMB 21.23 to Raise RMB 3.67 Billion

Lygend Resources (02245. HK) has fixed its A-share issue price at RMB 21.23 per share and will open online and offline subscriptions on September 18, 2026, listing on the Shenzhen Stock Exchange main board. The company will issue 172.89 million new shares, or 10% of post-issue total share capital, with no old-share transfer or strategic placement. Gross proceeds are expected to total RMB 3.67 billion, with net proceeds of RMB 3.404 billion, below the previously disclosed RMB 4.047 billion target.

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OtherImportance 55

Horizon Robotics and CATARC Sign Strategic Cooperation Agreement

Horizon Robotics and China Automotive Technology and Research Center Co. , Ltd. signed a strategic cooperation agreement on September 17, 2026, establishing a long-term partnership. The two sides will pursue deep collaboration on industrial policy, industry standards, testing and evaluation, and inspection and certification. The agreement focuses on industrial policy, industry standards, and engineering technical services, covering the full chain of intelligent connected vehicles from top-level design to implementation validation.

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A-sharesImportance 65

New World Development Says GF Fund Files for Commercial Property REIT Listing in Shanghai

New World Development said GF Fund Management has submitted applications to the China Securities Regulatory Commission and the Shanghai Stock Exchange for the registration and listing of a publicly offered commercial real estate investment trust. The underlying asset is Shanghai Hong Kong New World Tower, a mixed-use property in Huangpu district that New World Development indirectly wholly owns through Shanghai New World Huaihai Property Development. The proposed spin-off remains subject to approval.

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41
U.S. equitiesImportance 72

GlobalFoundries and Marvell Sign Expanded Multi-Year Agreement to Boost SiGe Capacity for AI Data Center

On September 17, 2026, Marvell and GlobalFoundries announced an expanded multi-year agreement to increase silicon germanium (SiGe) process capacity at GlobalFoundries' Burlington, Vermont fab to meet next-generation optical interconnect demand. The deal builds on existing volume production and more than a decade of collaboration, adding capacity to support Marvell's business needs. SiGe processes are used in pluggable optical modules, near-packaged optics (NPO) and co-packaged optics (CPO).

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OtherImportance 65

Yuntu Holdings Unit to Form Singapore Joint Venture for Congo Potash Acquisition

Yuntu Holdings said its wholly owned subsidiary Yingcheng Chemical will form a Singapore joint venture, Zangge United Resources, with Zangge International, a wholly owned subsidiary of Zangge Mining. Yingcheng Chemical will hold 25% and Zangge International 75%. The venture plans to acquire 92% of Kanga Potash for USD 171 million, with Yingcheng Chemical's 25% share equal to about USD 42.76 million, or RMB 289 million.

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44
Hong KongImportance 60

China Resources Land's Chelsea II in Cheung Sha Wan Draws Over 10,000 Registrations in 48 Hours

China Resources Land (Overseas) has released the first price list for Phase II of its Chelsea development in Cheung Sha Wan, West Kowloon, offering 85 units at discounted prices from RMB 5.426 million to RMB 14.139 million. Registration opened on Wednesday, and within 48 hours the project received more than 10,000 purchase registrations, an oversubscription of over 116 times based on the first batch of 85 units.

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45
U.S. equitiesImportance 78

CoreWeave Signs Short-Term Contracts at About $40 Million per Megawatt, Adding Over $25 Billion in Customer

Nvidia-backed AI cloud infrastructure provider CoreWeave said it signed short-term customer contracts in the third quarter of 2026 at roughly $40 million per megawatt on an annualized basis, added more than $25 billion in net new customer commitments, and raised total contracted power to about 4.2 gigawatts from 3.7 gigawatts. The company also announced a $3 billion convertible bond offering and a market-value share sale of up to 35 million Class A shares.

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46
A-sharesImportance 60

China Jushi Falls After Zhensi Group Cuts 28.33 Million Shares

China Jushi shares fell nearly 7% on September 18, pushing its market value below RMB 180 billion, after Zhensi Group sold 28.3264 million shares through centralized bidding on September 15-17, 2026. The stake held by Zhensi Group and its concert parties dropped from 18.50% to 17.79%, crossing the 1% threshold. Zhensi Group directly holds 17.4556% of the company. The sale did not trigger a tender offer or change control.

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OtherImportance 45

BOSS Zhipin Open Day in Shenzhen Highlights AI's Growing Role in Recruitment

BOSS Zhipin held an open day in Shenzhen on September 17 and released platform data showing AI skills spreading beyond technical roles. In the 2026 campus recruitment season, software, algorithms, AI, large models, papers and competitions were prominent keywords. The platform grouped AI jobs into three roles and said large-scale agent adoption in the first quarter of 2026 raised the efficiency of reaching mutual intent by 60%.

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OtherImportance 35

Baili Tianheng Unit Panku Capital to Invest USD 5 Million in Connexus Therapeutics for 7.91% Stake

Baili Tianheng (688506) said its wholly owned subsidiary Panku Capital Limited plans to subscribe for 3.881 million Series A preferred shares of Connexus Therapeutics for USD 5 million. Upon completion of the capital increase, Baili Tianheng will hold a 7.91% equity interest in Connexus, an innovative drug developer focused on small-molecule oncology therapies whose pipeline projects remain at the preclinical stage.

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U.S. equitiesImportance 75

Generac surges 34% premarket on seven-year Amazon data center generator deal

Generac shares rose 34% in New York premarket trading after the company disclosed a multi-year agreement to supply backup generators for Amazon data centers. The deal includes up to USD 8 billion in generator spending and warrants letting Amazon buy up to 1.69 million GNRC shares at USD 200.93 each. Initial deliveries in 2027 and 2028 total USD 2.4 billion, or USD 1.2 billion a year, with about 18% of warrants vesting at signing.

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OtherImportance 55

Wolwo Material Unit to Invest Up to RMB 800 Million in Zhejiang Production Base

Shenzhen-listed Wolwo Material said its wholly owned subsidiary Shanghai Changyuan Electronic Materials plans to invest up to RMB 800 million in a production base in the Dushangang Economic Development Zone in Zhejiang. The project involves heat-shrinkable materials and insulating sleeves for automotive wiring harness and pipeline protection. The subsidiary posted RMB 509 million in 2025 revenue and RMB 95.4 million in net profit.

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52
A-sharesImportance 76

Guangqi Technology Unit Signs RMB 907 Million Metamaterial Production Contract for 2026

Guangqi Technology said its wholly owned subsidiary Shenzhen Guangqi Advanced Technology signed metamaterial production contracts totaling RMB 906.8942 million, or about RMB 907 million, with three unrelated customers. A core contract worth RMB 861.6 million accounts for more than 95% of the total and sets no clear delivery timetable. In the first half of 2026, Guangqi Technology reported revenue of RMB 1.128 billion, up 19.59%, while net profit attributable to shareholders fell 17.35% to RMB 319 million.

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OtherImportance 65

Jingwei Hengrun Starts Mass Delivery of Smart Front-View Camera Built on Axera M57 Chip

On 17 September 2026, Jingwei Hengrun began mass delivery of its smart front-view camera integrated unit built on a domestically developed system-on-chip. The product uses the Axera M57 chip in a single-chip architecture that highly integrates a system-on-chip and a microcontroller unit. It is developed for China's combined driving assistance market and supports automakers in model adaptation, function tuning, regulatory validation and scaled mass production.

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OtherImportance 45

Lalamove Discloses Algorithm Rules for Curbing User Dishonesty

Lalamove on September 17, 2026 published the algorithm rules it uses to govern dishonest user behavior, covering freight arrears, fake orders and false complaints. The platform said orders unpaid for more than 48 hours fell 16% in August 2026 from January 2026. It has handled 46,347 rule-breaking users so far in 2026, while driver-reported fake orders dropped 70% from the same period of 2025.

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OtherImportance 35

Yonghui Supermarket to Open Two Revamped Stores in Guangzhou in September 2026

Yonghui Supermarket said its first Guangzhou store converted to a full health-scenario format, on Beijing Road, will open on September 19, 2026. As of September 17, 2026, the retailer operates across core Guangzhou districts including Tianhe, Haizhu, Yuexiu, Liwan, Nansha and Huadu, while a second-phase revamp of existing stores continues. Its tenth Guangzhou store, at Tianhe Hopson One, will begin trial operations on September 30, 2026.

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58
Hong KongImportance 35

CK Asset's La Marina sells Unit C, 20th floor, Tower 1 for HKD 26.78 million

CK Asset's luxury project La Marina in Sha Tin's Kau To Shan recorded a tender sale on 17 September 2026. Unit C on the 20th floor of Tower 1, a four-bedroom dual-suite layout with a study and bathroom plus luxury fit-out and full furnishings, fetched HKD 26.78 million, or HKD 21,843 per square foot of saleable area. Cumulative sales reached 242 units, with total proceeds exceeding HKD 3.85 billion.

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A-sharesImportance 72

CATL Cuts Hunan Yuneng Stake to 4.99999% After Selling 17.46 Million Shares

Hunan Yuneng said shareholder CATL sold 17.4597 million shares between June 26 and September 16, 2026, about 2.06% of total capital, cutting its stake from 7.09632% to 4.99999% and ending its status as a shareholder above 5%. CATL cited its own cash management and normal investment arrangements. Hunan Yuneng's total capital rose to 847.7317 million shares on July 3, 2026 after a restricted-stock vesting, diluting CATL by about 0.04 percentage points.

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A-sharesImportance 60

CATL Cuts Stake in Hunan Yuneng Below 5%

Hunan Yuneng announced that it has received a notice of equity change and a simplified equity change report from shareholder CATL. The filings show that CATL's shareholding in Hunan Yuneng has fallen below 5%. The announcement did not disclose the exact size of the reduced stake or the timing of the transactions.

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