【Major Corporate Developments】 Huaqin Technology (03296): Its Hong Kong public offering was oversubscribed by approximately 531.33 times, with a final offer price of HK$77.7 per share. Seres (09927) intends to repurchase between RMB 1 billion and RMB 2 billion worth of its A-shares to help restore value. PATEO (02889) has entered into a strategic cooperation agreement with Horizon Robotics to jointly develop platform-level solutions for automotive intelligence and localization. Conant Optics (02276) has signed a memorandum of cooperation with a globally leading technology company that holds a leadership position in the smart glasses industry. Dalipal Holdings (01921): A subsidiary plans to introduce KUKA AI intelligent robot technology to actively advance the construction of an intelligent manufacturing base for its Saudi project. Agile Group (03383): A subsidiary intends to sell its 50% equity stake in Zhejiang Xiangya Real Estate Development for RMB 95 million. Simcere Pharmaceutical (02096) has voluntarily withdrawn the NDA for Ledokimab and expects to resubmit the application within this month.

【Financial Results】 Hengrui Pharma (01276) announced its first-quarter results, reporting a net profit attributable to shareholders of RMB 2.282 billion, an increase of 21.78% year-on-year. New Oriental-S (09901) reported a third-quarter net profit attributable to shareholders of $126.8 million, up 45.3% year-on-year. Sands China Ltd. (01928) posted a first-quarter net revenue of $2.94 billion, a 45.5% increase compared to the same period last year. CITIC Limited (00267): CITIC Special Steel (000708.SZ) reported a first-quarter net profit attributable to shareholders of RMB 1.511 billion, up 9.23% year-on-year. China Oilfield Services (02883) recorded a first-quarter net profit attributable to shareholders of RMB 856 million, a decrease of 3.6% year-on-year. H&H International Holding (01112) reported first-quarter total revenue of RMB 4.26 billion on a reported basis, a year-on-year increase of 34.4%. Chizicheng Technology (09911) expects first-quarter total revenue to be approximately RMB 2.03 billion to RMB 2.13 billion, representing a year-on-year increase of about 33.0% to 39.6%. Datang Power (00991) generated approximately 62.4091 billion kWh of electricity for grid supply in the first quarter, an increase of about 3.46% year-on-year. Huadian Power International (01071) generated a total of 59.02 million MWh of electricity in the first quarter. Chow Tai Fook (01929) reported a 1.5% year-on-year decline in retail sales value for the fourth quarter.