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Hong Kong stocks opened higher and went lower, while the Hang Seng Index and Hang Seng Science and Technology Index fell successively. The branch index now fell by 0.8%, having previously risen by more than 4%.The possibility of closing the factory cannot be ruled out because the employers and employees of Volkswagen failed to reach an agreement in the fourth round of collective bargaining. On December 9, local time, audi ag and trade union representatives held the fourth round of collective bargaining on closing the factory and salary. The two sides still failed to reach an agreement, but described the meeting as "constructive". The collective bargaining was held in Wolfsburg on the afternoon of the 9th and lasted for eight hours. Arne Maiswon Kerr, the chief negotiator of Volkswagen, said that the negotiations were "constructive", but he also said that "there is still a long way to go to reach a feasible solution" and "we still cannot rule out the possibility of closing the factory". Tollsten Grog, the chief negotiator of the German Metal Industry Union, recognized the "constructive atmosphere" of the talks, but said that the positions of the two sides were still "far apart". It is reported that the two sides plan to continue collective negotiations from December 16th to 17th. Audi ag and the trade union failed to reach an agreement in the previous three rounds of negotiations.The net sales of southbound funds reached 6 billion yuan.

The turnover of Cyrus reached 10 billion yuan, down 6.73%.Jin Chengxin: It is planned to buy 51% equity of Terra Mining Pty Ltd in Australia for A $1. Jin Chengxin announced that the company plans to buy 51% equity of Terra Mining Pty Ltd in Australia for A $1. Terra Mining is mainly engaged in open-pit mine drilling, blasting, loading, transportation, crushing and mining design and development. If this transaction is successfully completed, Terra Mining will become a holding subsidiary of the company. This transaction does not constitute a major asset restructuring and is not a related party transaction. The transaction has fulfilled the company's internal decision-making procedures and does not need to be submitted to the board of directors or shareholders' meeting for consideration. The transaction still needs to be approved or filed by the government department or its authorized relevant department.The modern factory project is expected to start in the fourth quarter of 2026.

Lishang Guochao: The controlling shareholder plans to increase its shareholding by 1.00% to 2.00%. Lishang Guochao announced that Yuanming Holdings, the controlling shareholder of the company, plans to increase its shareholding by centralized bidding through the trading system of Shanghai Stock Exchange from the disclosure date of the announcement to November 25, 2025. The number of holdings is not less than 1.00% of the company's current total share capital, namely 7,613,400 shares; Not more than 2.00% of the company's current total share capital, that is, 15,226,700 shares; The total increase in holdings is not higher than 76.13 million yuan. There is no fixed price or price range for the overweight price, and it will be implemented according to the reasonable judgment of the company's stock value and the capital market situation. There may be risks of delayed implementation or failure to complete the plan due to changes in the capital market and other factors.Jin Chengxin: It is planned to buy 51% equity of Terra Mining Pty Ltd in Australia for A $1. Jin Chengxin announced that the company plans to buy 51% equity of Terra Mining Pty Ltd in Australia for A $1. Terra Mining is mainly engaged in open-pit mine drilling, blasting, loading, transportation, crushing and mining design and development. If this transaction is successfully completed, Terra Mining will become a holding subsidiary of the company. This transaction does not constitute a major asset restructuring and is not a related party transaction. The transaction has fulfilled the company's internal decision-making procedures and does not need to be submitted to the board of directors or shareholders' meeting for consideration. The transaction still needs to be approved or filed by the government department or its authorized relevant department.Tianlu Technology: ying chen, one of the controlling shareholders and actual controllers, intends to transfer 5.1669% of the company's shares by agreement. Tianlu Technology announced that ying chen, one of the controlling shareholders and actual controllers, and Shanghai Fengchi Asset Management Co., Ltd. (representing Shanghai Fengchi Asset Management Co., Ltd.-Fengchi Hengfeng No.1 Private Equity Investment Fund) signed the Share Transfer Agreement on December 10, 2024, and ying chen intends to transfer its 5.7 million shares of the company's unrestricted shares to. After the completion of this agreement transfer, ying chen and his co-founder, Mei Tan, still hold a total of 41.4188% of the company's shares, and the transfer of shares in this agreement will not lead to changes in the company's control rights.