NEW ORIENTAL-S (09901.HK) Chairman Yu Minhong said there are probably only two types of products in the world. One type is products that are created and can touch people's hearts, such as the iPhone created by Steve Jobs. When HUAWEI, XIAOMI-W (01810.HK) and others started making smartphones, Apple Inc. (AAPL.US) had already pioneered the smartphone market, and smartphones are now a mature product.

For mature products, there is only one possibility, which is to make them better than competitors rather than cheaper, he opined. Based on nearly 40 years of business practice, he found that selling cheap products and engaging in price wars can never deliver long-term growth prospects.

The second type is making products remarkably better than competitors, he added. Citing NEW ORIENTAL-S' practice in the food industry, he said there is only one type of product in the food industry: products that are safer than competitors' offerings, with customers clearly recognizing the superior safety standards. In addition, the food must taste better than competitors' products.

In his view, because China's food supply exceeds demand, companies can only operate with an ultimate pursuit of excellence under such circumstances. Therefore, he established a rule for EAST BUY to create only products with "three highs": high safety, high quality and high cost-performance.
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AASTOCKS Financial News
Website: www.aastocks.com

HORIZONROBOT-W (09660.HK) founder and CEO Yu Kai recently said the company endeavors to become the market share leader in China's autonomous driving chip market next year, toppling NVIDIA Corporation (NVDA.US).

Technological innovation is endless, and the logic of the intelligent driving chip industry is starkly different from that of the luxury goods industry, he noted. There is no permanent technological advantage, and continuous iteration is required to move forward.

In the future, the company will continue to ramp up investment in autonomous driving chip technology R&D, striving to gain a dominant position in China's high-end intelligent driving chip market through product iteration and further expand the industry influence of domestically developed intelligent driving chips.
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AASTOCKS Financial News
Website: www.aastocks.com

LENOVO GROUP (00992.HK) recently held Lenovo Innovation World 2026. Luca Rossi, Executive Vice President of the Group, said AI is changing the relationship between people and technology.

The group is demonstrating how hybrid AI can make this transformation a reality by integrating AI across devices, edge and cloud, enabling it to operate in the right place at the right time.

Through Lenovo and Motorola's new product portfolio, the company is laying the foundation for personal AI that can move with users, while also helping enterprises deploy AI where data resides.

The Lenovo Yoga Pro 9n laptop launched by Lenovo deeply integrates with the edge AI architecture ecosystem of NVIDIA Corporation (NVDA.US) and is equipped with NVIDIA RTX Spark.

The chip combines a 20-core NVIDIA Grace CPU with an NVIDIA Blackwell RTX GPU featuring 6,144 CUDA cores through NVLink-C2C interconnect technology, delivering 1 PFLOPS of AI performance and supporting up to 128GB unified memory.

Large models with more than 100 billion parameters can run locally on a single laptop. NVIDIA cited a reference model featuring 120 billion parameters and a context window of 1 million tokens for large models.
~

AASTOCKS Financial News
Website: www.aastocks.com

BEIJING, Sept. 7, 2026 /PRNewswire/ -- Baidu, Inc. ("Baidu" or the "Company") (Nasdaq: BIDU; HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)), a leading AI company with strong Internet foundation, today announced that the Company's Class A ordinary shares traded on The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange") have been included in the Shenzhen-Hong Kong Stock Connect program, effective today, September 7, 2026 (Beijing time). The previously announced inclusion of the Company's Class A ordinary shares in the Shanghai-Hong Kong Stock Connect program also became effective today. Eligible investors in the Chinese Mainland now have direct access to the trading of Baidu's Class A ordinary shares through both programs.

The inclusion of Baidu's Class A ordinary shares in the Shenzhen-Hong Kong Stock Connect program is pursuant to the Announcement on Adjustment of the List of the Eligible Stocks in Hong Kong Stock Connect under the Shenzhen-Hong Kong Stock Connect issued by the Shenzhen Stock Exchange on September 7, 2026.

Taken together, the inclusion in the Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect marks an important step toward expanding the Company's reach among Chinese Mainland investors and is expected to further diversify its investor base and enhance the liquidity of its shares.

Baidu appreciates the continued support of its shareholders and investors and remains committed to driving sustainable growth and creating long-term value for shareholders.

About the Shenzhen-Hong Kong Stock Connect

The Shenzhen-Hong Kong Stock Connect is a mutual stock market access mechanism between the Chinese Mainland and Hong Kong under which the Shenzhen Stock Exchange and the Hong Kong Stock Exchange have established technical connectivity to enable investors in the Chinese Mainland and Hong Kong to trade eligible shares listed on the other's market through their local securities companies or brokers.

About the Shanghai-Hong Kong Stock Connect

The Shanghai-Hong Kong Stock Connect established a two-way trading link between the Shanghai Stock Exchange and the Hong Kong Stock Exchange. The stock connect allows qualified Chinese Mainland investors to access eligible Hong Kong shares (Southbound) as well as Hong Kong and overseas investors to trade eligible A-shares (Northbound), subject to a certain amount of daily quota.

About Baidu

Founded in 2000, Baidu's mission is to make the complicated world simpler through technology. Baidu is a leading AI company with strong Internet foundation, trading on Nasdaq under "BIDU" and HKEX under "9888". One Baidu ADS represents eight Class A ordinary shares.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Among other things, Baidu's and other parties' strategic and operational plans, contain forward-looking statements. Baidu may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in announcements made on the website of the Hong Kong Stock Exchange, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Baidu's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Baidu's growth strategies; its future business development, including development of new products and services; its ability to attract and retain users and customers; competition in the Chinese Internet search and newsfeed market; competition for online marketing customers; changes in the Company's revenues and certain cost or expense items as a percentage of its revenues; the outcome of ongoing, or any future, litigation or arbitration, including those relating to intellectual property rights; the expected growth of the Chinese-language Internet search and newsfeed market and the number of Internet and broadband users in China; Chinese governmental policies relating to the Internet and Internet search providers, and general economic conditions in China and elsewhere. Further information regarding these and other risks is included in the Company's annual report on Form 20-F and other documents filed with the Securities and Exchange Commission, and announcements on the website of the Hong Kong Stock Exchange. Baidu does not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this press release and in the attachments is as of the date of the press release, and Baidu undertakes no duty to update such information, except as required under applicable law.

SHANGHAI, Sept. 7, 2026 /PRNewswire/ -- Shanghai Fosun Pharmaceutical (Group) Co., Ltd. ("Fosun Pharma", stock code: 600196.SH; 02196.HK) today announced an H-share repurchase plan, under which the company intends to repurchase its H-shares with an aggregate amount of up to HK$1 billion. The shares so repurchased will be cancelled or held as treasury shares. Taking concrete action to respond to market concerns, this repurchase plan demonstrates management's unwavering confidence in the company's intrinsic value. The plan has come into effect and will be implemented as soon as practicable. As a continuation of the Group's long-term value management toolkit, the company will dynamically evaluate and execute repurchases on a rolling basis in response to market conditions, establishing a normalized mechanism for shareholder returns.

In the first half of 2026, Fosun Pharma's earnings quality continued to improve, with revenue contributions from innovative drugs and international markets steadily increasing. Core operational indicators further consolidated upon the foundation of 2025:

• Revenue: RMB 20,442 million, up 4.75% year-on-year;
• Profit attributable to shareholders of the listed company, net of non-recurring gains and losses: RMB 1,144 million, up 19.09% year-on-year;
• Net cash generated from operating activities: RMB 2,424 million, up 13.59% year-on-year.

The repurchase will be primarily funded by proceeds from the disposal of approximately 6.00% equity interest in Gland Pharma, with total consideration of around US$294 million. Upon completion of the transaction, Fosun Pharma remains the promoter of Gland Pharma with an approximate 45.76% equity interest, and Gland Pharma will continue to be consolidated into Fosun Pharma's financial statements. Net proceeds from the transaction will primarily be allocated toward the Company's R&D investments, share repurchases, and the repayment of interest-bearing debts. As the controlling shareholder, Fosun Pharma remains fully confident in Gland Pharma's long-term development and its enduring role as a key engine for overseas value creation.

Looking ahead, Fosun Pharma will stay focused on innovation and globalization, accelerating the R&D progress and commercialization of its major pipeline candidates. This repurchase program is intended to convey the Company's confidence in its intrinsic value and to generate sustainable returns for shareholders.

上海2026年9月6日 /美通社/ -- 9月6日，復星醫藥宣佈H股回購方案，計劃以不超過10億港元總金額回購H股股份，回購股份將註銷或作為庫存股持有。本次回購方案以實際行動回應市場關切，彰顯公司管理層對公司內在價值的堅定信心，該方案已生效並將於即日起盡快推進實施。該計劃亦為公司長期價值管理工具的延續運用，後續公司將結合市場情況動態評估、滾動實施，形成常態化股東回報機制。

2026年上半年，復星醫藥盈利質量持續向好，創新藥品與海外收入佔比穩步提升，核心經營指標在2025年基礎上進一步夯實。

營業收入：204.42億元，同比增長 4.75%；
扣非歸母淨利潤：11.44億元，同比增長 19.09%；
經營性現金流：24.24億元，同比增長 13.59%。

本次回購資金主要來源於減持Gland Pharma約6.00%股份所得（交易總對價約2.94億美元）。交易完成後，復星醫藥仍為Gland Pharma控股股東，持股約45.76%，Gland Pharma仍納入復星醫藥合併報表子公司範圍；交易回籠資金將主要用於集團研發投入、股份回購、償還帶息債務等。作為第一大股東，復星醫藥對Gland的長期發展充滿信心，其將持續發揮海外價值驅動引擎作用。

展望未來，復星醫藥將繼續聚焦創新與全球化，加速重磅品種研發與產業化進程。本次回購旨在堅定傳遞價值信心，為股東創造持續回報。

ASTANA, Kazakhstan, Sept. 4, 2026 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") joined the International CCUS Technology Innovation Cooperation Organization, the Ministry of Energy of the Republic of Kazakhstan and the Institute of New Materials and Energy Technologies at Nazarbayev University in launching the Initiative for Cooperation on Low-Carbon Energy Development. Announced during the 2026 International CCUS Technology Conference, held Sept. 1 and 2 in Astana, the initiative calls for closer collaboration on CCUS technologies and standards, as well as greater exchange among CCUS professionals.

The launch was attended by government, industry and international organization representatives from China, Kazakhstan, the United Kingdom, the United States and Canada. The conference brought together more than 230 participants from dozens of countries and regions to discuss carbon dioxide capture, geological storage, CO2 mineralization and CCUS hub development. Participants also examined the business models, policy frameworks and international partnerships needed to support wider deployment.

Tian Hongbin, vice president of Sinopec Group, said global climate action had entered a critical phase, with CCUS becoming a key enabling technology. Having helped establish ICTO, Sinopec would continue to support its development as a global network of leading experts and deepen international cooperation across the CCUS sector, he added.

Sinopec has built China's first 100-kilometer dense-phase CO2 pipeline and put into operation the country's first integrated CCUS demonstration project with an annual capacity of one million metric tons. It is also conducting a joint study with Shell, BASF and China Baowu on China's first open-access CCUS cluster at the 10-million-metric-ton scale, while preparing a 1-million-metric-ton demonstration project at Shengli Oilfield focused on lower-concentration CO2 sources. Together, these projects cover CO2 capture from sources of varying concentrations, enhanced oil recovery and storage.

Established in July 2025, ICTO has 60 founding members comprising companies, research institutions and experts from more than 20 countries and regions. Sinopec will continue working with ICTO and its members to connect engineering experience with international research and support the development and application of CCUS technologies.

About SINOPEC

China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") is one of China's largest integrated energy and chemical companies. Its businesses span oil and gas exploration and production, refining, petrochemicals, fuels marketing and distribution, and research and development. Sinopec also advances lower-carbon energy technologies and solutions. For more information about Sinopec, visit www.sinopec.com/listco/en.

BEIJING, Sept. 4, 2026 /PRNewswire/ -- Baidu, Inc. ("Baidu" or the "Company") (Nasdaq: BIDU; HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)), a leading AI company with strong Internet foundation, today announced that the Company's Class A ordinary shares traded on The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange") will be included in the Shanghai-Hong Kong Stock Connect program, effective September 7, 2026.

The inclusion is pursuant to the Notice of the Adjustment of the Eligible Stocks in Hong Kong Stock Connect under the Shanghai-Hong Kong Stock Connect issued by the Shanghai Stock Exchange on September 4, 2026.

Following the inclusion, eligible investors in the Chinese Mainland will have direct access to the trading of Baidu's Class A ordinary shares through the Shanghai-Hong Kong Stock Connect. The inclusion marks an important step toward expanding the Company's reach among Chinese Mainland investors and is expected to further diversify its investor base and enhance the liquidity of its shares.

Baidu appreciates the continued support of its shareholders and investors and remains committed to driving sustainable growth and creating long-term value for shareholders.

About the Shanghai-Hong Kong Stock Connect

The Shanghai-Hong Kong Stock Connect established a two-way trading link between the Shanghai Stock Exchange and the Hong Kong Stock Exchange. The stock connect allows qualified Chinese Mainland investors to access eligible Hong Kong shares (Southbound) as well as Hong Kong and overseas investors to trade eligible A-shares (Northbound), subject to a certain amount of daily quota.

About Baidu

Founded in 2000, Baidu's mission is to make the complicated world simpler through technology. Baidu is a leading AI company with strong Internet foundation, trading on Nasdaq under "BIDU" and HKEX under "9888". One Baidu ADS represents eight Class A ordinary shares.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Among other things, Baidu's and other parties' strategic and operational plans, contain forward-looking statements. Baidu may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in announcements made on the website of the Hong Kong Stock Exchange, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Baidu's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Baidu's growth strategies; its future business development, including development of new products and services; its ability to attract and retain users and customers; competition in the Chinese Internet search and newsfeed market; competition for online marketing customers; changes in the Company's revenues and certain cost or expense items as a percentage of its revenues; the outcome of ongoing, or any future, litigation or arbitration, including those relating to intellectual property rights; the expected growth of the Chinese-language Internet search and newsfeed market and the number of Internet and broadband users in China; Chinese governmental policies relating to the Internet and Internet search providers, and general economic conditions in China and elsewhere. Further information regarding these and other risks is included in the Company's annual report on Form 20-F and other documents filed with the Securities and Exchange Commission, and announcements on the website of the Hong Kong Stock Exchange. Baidu does not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this press release and in the attachments is as of the date of the press release, and Baidu undertakes no duty to update such information, except as required under applicable law.

香港2026年9月4日 /美通社/ -- 隨著2026暑期正式收官，港人北上熱度依然不減。9月4日，同程旅行（0780.HK）旗下國際旅行平臺HopeGoo發布暑期旅遊趨勢顯示，港人北上住宿需求呈現明顯結構變化：高品質酒店預訂熱度按年升近五成，親子主題房、家庭套房等房型預訂增速尤為突出。同時，港人的出遊半徑也正從傳統一線城市，向高鐵兩小時內的高鐵圈城市加速擴散。

住宿升級：從「一日遊」走向「深度多日遊」

根據HopeGoo數據，暑期港人通過平臺預訂內地酒店的整體熱度持續攀升。其中，高品質酒店佔整體酒店訂單比重超過四成，與此同時，願意在同一目的地停留更長時間的「連住訂單」熱度同比增長超過35%，充分反映港人的北上模式正從早期的「即日往返購物」，升級為「多日深度度假」。

在目的地選擇上，「去中心化」趨勢明顯。除深圳、廣州繼續位列熱門目的地的前兩位外，珠海、惠州、東莞、佛山、汕尾等城市同樣位居港人預訂前列。此外，在高鐵直連香港的便利之下，加上溫泉與僑鄉等特色度假資源本身的吸引力，清遠、江門等新興目的地正逐步進入港人北上的視野，港人北上的住宿半徑也隨之持續向外延伸。

HopeGoo平臺相關負責人表示：「從實際預訂結構來看，港人對內地住宿的需求正在全面升級——他們不僅停留更久、走得更遠，也更願意為高品質及新開業酒店體驗付費。這背後正反映出港人消費從『買商品』向『買體驗』的結構性轉變。」

HopeGoo聯手國際與連鎖品牌推6折優惠

為響應這一市場趨勢，HopeGoo於近期推出「酒店超級品牌日」專題活動，聚焦高星級酒店及新開業酒店，全場低至6折。活動同步推出9.9元超值券包，內含3張95折酒店通用券及3張高額立減券（最高立減288元），可供用戶在折扣基礎上疊加使用。

據了解，參與品牌覆蓋希爾頓、凱悅、香格里拉、萬豪、雅高等國際酒店集團，以及錦江、亞朵、全季等舒適型連鎖品牌。用戶在HopeGoo App搜索「酒店超級品牌日」即可進入活動頁面。

業內人士指出，隨著大灣區「一小時生活圈」日趨成熟，跨境住宿已成港人假期出行的新常態。HopeGoo藉此契機切入高星與新開業酒店市場，有望進一步點燃港人週末及短假期的「北上微度假」熱潮。

香港2026年9月4日 /美通社/ -- 在中國企業出海逐步向「全球產業鏈扎根」的大趨勢下，光大環境（00257.HK）在2026年中期業績交出的，不只是營運質效持續提升的答卷，更是一份國際化從「點狀突破」走向「系統化輸出」的戰略升級藍圖。從重資產項目的關鍵突破，到設備供貨、設計諮詢和技術服務等輕資產業務在新市場落地，公司的海外拓展正由點狀嘗試走向多區域、多模式協同推進。截至2026年6月30日，光大環境海外市場佈局已覆蓋20個國家，其中輕資產業務累計佈局17個海外國家；回顧期內更突破4個海外新市場。投資、建設、營運與裝備、技術服務並行，正為公司打開新的增長空間。

輕重資產雙輪驅動 海外佈局由點及面

光大環境此次海外拓展的特點，在於重資產投資與輕資產輸出同步推進。重資產項目建立長期營運能力，輕資產業務則依託設備供貨、設計諮詢及技術服務，更靈活地切入不同市場。公司已成功拓展菲律賓、新加坡及塞舌爾等市場，具體包括新加坡煙囪供貨服務、菲律賓馬尼拉火力發電項目設計服務，以及塞舌爾生活垃圾焚燒發電與衛生填埋協同處置項目技術諮詢服務，同時取得越南後江備件採購訂單。

這些業務覆蓋供貨、設計、諮詢與備件服務等多個環節，反映公司正將既有產業鏈能力轉化為可複製的解決方案。2026年上半年，集團在中國境內外新簽署各類輕資產業務合同總額約人民幣10.44億元，涵蓋垃圾發電、供熱供汽、污水處理、設備供貨及技術服務等；其中，裝備製造板塊同期簽署外銷成套設備合同5份，合同金額約人民幣2.66億元，涉及焚燒爐、煙氣淨化系統設備等。當服務輸出與裝備外銷相互協同，海外拓展便具備更豐富的產品與收入層次。更重要的是，輕資產模式的資金佔用較低、周轉更快，能夠在重資產項目投運前為公司貢獻現金流，形成輕重互補的良性循環。

越南清化、印尼勿加泗取得進展 重資產項目打開示範效應

重資產項目的突破，為光大環境在海外建立長期營運能力提供重要支點。2026年8月，光大環境牽頭的聯合體收到越南清化垃圾發電項目的中標通知書；2026年7月，公司參與的聯合體被確定為印尼勿加泗垃圾發電項目的優先合作夥伴，並收到有條件授標通知。兩個項目接連取得關鍵進展，顯示公司在東南亞固廢市場的佈局正從機會型跟進專項戰略型深耕。

此外，公司密切跟進東南亞市場重要項目機會，並在中亞同步推進在建工程。烏茲別克斯坦納曼幹、費爾幹納垃圾發電項目工程建設有序進行，預計於2027年建成投運。從東南亞的項目拓展，到中亞的建設節奏，光大環境已在不同市場累積客戶、合作夥伴及項目經驗。隨着在建項目投運，公司還可在實際場景中進一步輸出營運管理、設備維護及技術服務能力，形成投資、建設、營運相互銜接的業務鏈條。

自主核心裝備出海 小微型爐撬動差異化市場

除重資產項目外，光大環境正以自主核心裝備撬動海外輕資產市場。公司自主研發的首臺套「10噸／日生活垃圾小型焚燒技術與裝備」在其鎮江垃圾發電項目試運行成功，核心工藝及設備經鑒定達國際領先水平，填補國內10噸／日以下處理規模的技術空白。小微型爐技術已實現多臺套落地應用，為高原、偏遠地區等小規模固廢處置場景提供可複製的解決方案，且已中標馬來西亞小微型爐項目。

小微型爐的戰略價值，在於將過去以大型項目為核心的模式，轉變為可標準化交付的產品與技術服務方案。對處理規模較小、地理位置分散的市場，這類裝備可配合當地需求，通過設備供貨、技術服務及後續營運支援切入。馬來西亞項目的中標，是該技術首次獲得海外市場驗證。隨着小微型爐等核心裝備與設計諮詢、技術服務共同走向海外，公司輸出的不只是單臺設備，而是圍繞固廢處置的綜合能力。

從20個海外國家的市場佈局，到17個海外國家的輕資產業務覆蓋；從越南清化、印尼勿加泗的重資產項目進展，到馬來西亞小微型爐的技術出海，光大環境的國際化已逐步形成清晰的業務梯度。在中國企業全球化的新一輪浪潮中，光大環境正以輕重結合、技術先行的路徑，將國內積累二十餘年的固廢處理與資源化利用產業鏈能力系統性向外輸出。隨着公司在建項目有序推進、輕資產合同持續落地及自主裝備加快輸出，海外業務正為光大環境高質量發展增添新的增長動能。