股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年1月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 阜豐集團有限公司 呈交日期: 2026年2月2日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00546 | 說明 | 不適用 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.1 | HKD | | 1,000,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 10,000,000,000 | HKD | | 0.1 | HKD | | 1,000,000,000 | 本月 ...

Group 1 - The core viewpoint of the article highlights the significant rise in the stock price of Fufeng Group, which increased by 4.18% to HKD 8.48, with a trading volume of HKD 71.45 million [1] - Fufeng Group has entered into a crucial partnership with Tianjushi Group to participate in the investment and construction of a bioprocessing industrial complex in Kazakhstan's Zhambyl region [1] - The company was previously awarded the Best Investment Project in Kazakhstan for its corn deep processing plant project in Zhambyl [1] Group 2 - According to a report from Industrial Securities, Fufeng Group is recognized as a leading company in corn deep processing, with growing demand in the animal nutrition sector and accelerated overseas business expected to contribute to profit elasticity [1] - The company is actively advancing its internationalization strategy, with the first overseas production base in Kazakhstan already under construction, aiming to manufacture and sell animal nutrition and high-end amino acid products in the first phase [1]

Group 1 - The core viewpoint of the article highlights the significant rise in the stock price of Tsinghua Unigroup, which increased by over 4% following a key partnership announcement with Tianjushi Group for a biotechnology project in Kazakhstan [1] - Tsinghua Unigroup's subsidiary, Shengtai Biotechnology Co., has engaged in a major collaboration to invest in a comprehensive biotechnology industrial complex in the Zhambyl region of Kazakhstan [1] - The company previously won the Best Investment Project Award in Kazakhstan for its corn deep processing plant project, indicating its strong position in the market [1] Group 2 - Industrial research indicates that Tsinghua Unigroup is a leading player in the corn deep processing sector, with growing demand in the animal nutrition segment [1] - The company is accelerating its overseas business operations, which are expected to contribute more profit elasticity [1] - The first overseas production base in Kazakhstan has commenced construction, with plans to manufacture and sell animal nutrition and high-end amino acid products in the first phase [1]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年12月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 阜豐集團有限公司 呈交日期: 2026年1月2日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00546 | 說明 | 不適用 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.1 | HKD | | 1,000,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 10,000,000,000 | HKD | | 0.1 | HKD | | 1,000,000,000 | 本 ...

Group 1 - Lithium mining concept stocks saw significant gains, with companies like Jinyuan Co. (000546) hitting the daily limit up, and others such as Guocheng Mining (000688), Dazhong Mining (001203), and Shengxin Lithium Energy (002240) also rising [3][4] - The main contract for lithium carbonate on the Shanghai Futures Exchange surged over 6%, exceeding 106,000 yuan per ton, marking a two-year high. This price has increased over 70% from the year's low [4] - Since August, leveraged funds have net bought a significant number of lithium mining concept stocks, with the top 20 stocks seeing a total net financing amount of nearly 30 billion yuan, led by Ningde Times (300750) with over 13.8 billion yuan [4] Group 2 - High-profile stocks experienced a notable decline, with Bona Film Group (001330) facing three consecutive daily limit downs, and other companies like Sun Cable (002300) and Farsen (000890) also hitting the limit down [5] - Over 4,100 individual stocks declined in the market, indicating a broader trend of selling pressure among high-flying stocks [2][5]

Group 1: Lithium Mining Sector - Lithium mining stocks saw a significant rise, with Guocheng Mining (000688) and Jinyuan Co. (000546) hitting the daily limit up, while Dazhong Mining, Shengxin Lithium Energy, and Salt Lake Co. also experienced gains [1] - In the Hong Kong market, lithium battery stocks strengthened, with Ganfeng Lithium rising over 5% and Tianqi Lithium increasing more than 4% [1] - The main contract for lithium carbonate on the Shanghai Futures Exchange surged by over 7% at one point, closing with a gain of 6.78% [1] Group 2: Company Performance - Guocheng Mining (000688) had a trading volume of 155,000 shares, with a total market value of 29.67 billion [4] - Jinyuan Co. (000546) opened at 6.75, reaching a high of 6.75 and a low of 6.35, with a trading volume of 543,000 shares and a market value of 5.249 billion [5]

Core Viewpoint - The production of monosodium glutamate (MSG) in China is experiencing stable growth, with a projected output of 3.015 million tons in 2024, representing a year-on-year increase of 11.9% [1][10]. Industry Overview - MSG is primarily composed of sodium glutamate, produced through fermentation of starch or sugar by microorganisms, resulting in a product with a sodium glutamate content of 99% or higher [2][4]. - The demand for MSG is driven by the increasing quality and taste expectations of consumers, particularly in the food service and processed food sectors [1][10]. Market Demand - The apparent consumption of MSG in China is expected to reach 2.997 million tons in 2024, marking a 12.0% increase year-on-year [1][10]. - The food processing industry is the largest consumer of MSG, accounting for over 50% of the market, followed by the restaurant sector at approximately 30% [8][9]. Production and Export - China's MSG production capacity utilization rate is projected to be 84.7% in 2024 [1][10]. - In the first nine months of 2025, China exported 6,700 tons of MSG, generating an export revenue of approximately $8.72 million [1][11]. Competitive Landscape - The MSG market in China is characterized by a duopoly led by two major players: Fujian Fengfeng Group and Meihua Biological Technology Group, which dominate the industry with their extensive product offerings and global reach [11][12]. - Fujian Fengfeng Group reported a revenue of 13.96 billion yuan and a gross profit of 3.169 billion yuan in the first half of 2025, with a gross margin of 22.7% [12]. - Meihua Biological Technology Group achieved a revenue of 12.28 billion yuan in the same period, with a significant portion derived from feed amino acids and flavoring agents [12][13]. Future Trends - The MSG industry is expected to evolve towards low-sodium, natural fermentation, and composite flavor products, with a focus on customized solutions for the food processing and restaurant sectors [14]. - The growth in demand for specialized formulations for baking, pre-prepared dishes, and hot pot bases is anticipated to drive innovation and differentiation in the market [14].

Core Insights - The article highlights the short-selling ratios and amounts for various companies, indicating significant market sentiment towards these stocks [1][2]. Short-Selling Ratios - JD Health-R (86618) and JD Group-SWR (89618) have the highest short-selling ratios at 100.00% [2]. - SenseTime-WR (80020) follows with a short-selling ratio of 80.34% [2]. - Lenovo Group-R (80992) has a short-selling ratio of 72.73% [2]. Short-Selling Amounts - Meituan-W (03690) leads in short-selling amount with 1.814 billion [2]. - Tencent Holdings (00700) and Alibaba-SW (09988) follow with short-selling amounts of 1.003 billion and 901 million, respectively [2]. - Three Life Pharmaceutical (01530) has a short-selling amount of 776 million [2]. Deviation Values - Three Life Pharmaceutical (01530) has the highest deviation value at 41.74%, indicating a significant difference from its average short-selling ratio [2]. - OSL Group (00863) and JD Group-SWR (89618) have deviation values of 36.46% and 33.86%, respectively [2]. - JD Health-R (86618) also shows a notable deviation value of 27.93% [2].

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年11月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 阜豐集團有限公司 呈交日期: 2025年12月2日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00546 | 說明 | 不適用 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.1 | HKD | | 1,000,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 10,000,000,000 | HKD | | 0.1 | HKD | | 1,000,000,000 | ...

Core Insights - The article highlights the top short-selling stocks in the market, indicating significant investor skepticism towards these companies [1][2]. Short-Selling Ratios - Lenovo Group-R (80992) has the highest short-selling ratio at 87.71%, followed by Ping An Insurance-R (82318) at 69.65% and Shougang Resources (00639) at 62.81% [1][2]. - The short-selling amounts for Alibaba-SW (09988), Tencent Holdings (00700), and Xiaomi Group-W (01810) are the highest, amounting to 5.06 billion, 1.62 billion, and 1.17 billion respectively [1][2]. Deviation Values - Shougang Resources (00639) leads in deviation value at 48.27%, followed closely by Ping An Insurance-R (82318) at 46.76% and FIH Mobile Limited (02038) at 46.20% [1][2]. - The deviation value indicates the difference between the current short-selling ratio and the average short-selling ratio over the past 30 days, suggesting heightened market volatility for these stocks [3].