Core Viewpoint - Anhui Phoenix Co., Ltd. is a leading manufacturer of automotive filters in China, focusing on research, development, and production, with a wide range of products and a strong commitment to quality and innovation [1][3][4]. Group 1: Company Overview - Anhui Phoenix is located in Bengbu, Anhui Province, and is a high-tech joint venture specializing in automotive filter manufacturing [1]. - The company has developed over 9,000 types of filters, covering both passenger and commercial vehicles [1][3]. - It exports products to more than 30 countries and regions, including the EU and Southeast Asia [1]. Group 2: Research and Development - The company invests heavily in R&D, with over 10 million yuan spent in the first three quarters of the year, accounting for 3.3% of its revenue [3][4]. - Anhui Phoenix holds 135 valid patents and has participated in the formulation of national and industry standards [4]. - The company has developed specialized filters for electric vehicles, aligning with the industry's shift towards electrification and intelligence [3][4]. Group 3: Production and Quality Control - Anhui Phoenix emphasizes quality control throughout its production process, implementing smart manufacturing to enhance efficiency and product quality [4]. - The company has established a 4,500 cubic meter clean air chamber in its laboratory to ensure high-quality testing conditions [3][4]. Group 4: Market Position and Financial Performance - Anhui Phoenix became the first listed company in the automotive filter industry in China after successfully listing on the Beijing Stock Exchange [7]. - The listing has improved the company's financing capabilities, supporting its industrial projects and R&D center [7]. - The company has maintained a stable cash dividend policy for ten consecutive years, responding to investor interests [8]. Group 5: Future Development - The company plans to expand its product range into new sectors such as engineering machinery and motorcycles, adapting to market demands [8]. - It aims to develop new materials for filters to meet the lightweight requirements of modern vehicles [8].

证券代码：832000 证券简称：安徽凤凰 公告编号：2025-105 安徽凤凰滤清器股份有限公司 委托理财进展的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 （一） 本次委托理财产品的基本情况 | 受托 方名 | 产品类 | | 产品金额 | 预计年化收益 | | 收益类 | | 资金来 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 称 | 型 | 产品名称 | （万元） | 率（%） | 产品期限 | 型 | 投资方向 | 源 | | 中国 | 固定收 | 银河盛汇 | | 3,000.00 | 0.01%-3.00% | 2025.9.29- | 固定收 | 投资于标准化 | 自有资 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 银河 | 益类 | 稳健 3 | 号 | | | 2026.6.27 | 益 | 资产 | 金 | | ...

Investment Rating - The report indicates a strong rebound in the North Exchange, with a focus on the technology growth sector, particularly semiconductors and robotics, which are seen as core investment themes [4][9]. Core Insights - The North Exchange A-shares trading volume reached 20.69 billion yuan on September 24, a decrease of 3.72 billion yuan from the previous trading day, while the North Exchange 50 Index closed at 1578.92, up 2.03% [2][9]. - The North Exchange specialized and innovative index closed at 2762.51, increasing by 2.66% [2][9]. - Among the 276 companies listed on the North Exchange, 236 saw their stock prices rise, 2 remained flat, and 38 experienced declines [2][16]. Summary by Sections Market Review - On September 24, the North Exchange A-shares trading volume was 20.69 billion yuan, down from the previous day by 3.72 billion yuan [2][9]. - The North Exchange 50 Index increased by 2.03%, with a PE_TTM of 74.04 [2][9]. - The specialized and innovative index rose by 2.66% [2][9]. - The top five gainers included Henghe Co. (30.0%), Meizhigao (10.6%), Kaide Quartz (9.9%), Tiangang Co. (8.9%), and Yuanhang Precision (8.3%) [2][16]. - The top five decliners were Anhui Phoenix (-4.4%), Hongzhi Technology (-3.6%), Rongyi Precision (-3.0%), Wantong Hydraulic (-2.9%), and Tianma New Materials (-2.7%) [2][16]. Important News - Eight departments issued guidelines to promote digital consumption, proposing 14 tasks across four areas to enhance the digital consumption ecosystem [3][19]. - The "Vehicle-Road-Cloud Integration" pilot city construction is accelerating, with various cities, including Beijing and Haikou, advancing related projects [3][20]. Key Company Announcements - Kexin New Materials announced the acquisition of a utility model patent for a fixed device for transporting new energy crucibles [3][21]. - Xici Technology plans to invest up to 160 million yuan of idle funds in safe financial products [3][21].

Market Overview - On September 25, the automotive parts sector declined by 0.6% compared to the previous trading day, with Dadi Electric leading the decline [1] - The Shanghai Composite Index closed at 3853.3, down 0.01%, while the Shenzhen Component Index closed at 13445.9, up 0.67% [1] Stock Performance - Notable gainers in the automotive parts sector included: - N United Dynamics (301656) with a closing price of 30.90, up 147.60% [1] - Yilian Technology (301631) at 103.50, up 14.11% [1] - XD New Coordinates (603040) at 85.22, up 10.00% [1] - Other significant gainers included Riyi Electronics (603286) and Xingyu Co., Ltd. (662109) with increases of 10.00% and 9.01% respectively [1] - Conversely, major decliners included: - Dadi Electric (870436) with a closing price of 20.08, down 9.67% [2] - Anhui Phoenix (832000) at 22.28, down 8.31% [2] - Tongxin Transmission (833454) at 18.22, down 6.08% [2] Capital Flow - The automotive parts sector experienced a net outflow of 2.471 billion yuan from institutional investors, while retail investors saw a net inflow of 2.248 billion yuan [2] - The table of capital flow indicates that N United Dynamics had a significant net inflow from retail investors, while other stocks like Zhongding Co., Ltd. (000887) faced net outflows from both institutional and retail investors [3]

Group 1 - The stock of Anhui Phoenix (832000) experienced a decline of 3.92% with a turnover rate of 23.70% and a trading volume of 308 million yuan, showing a fluctuation of 13.15% throughout the day [1] - The stock was listed on the trading board due to its turnover rate reaching 23.70%, with a net buying amount of 3.3489 million yuan from brokerage seats [2] - In the last six months, the stock has appeared on the trading board five times, with an average price increase of 2.43% the day after being listed and an average increase of 2.28% over the following five days [3] Group 2 - The top buying brokerage was GF Securities Co., Ltd. with a purchase amount of 6.704 million yuan, while the top selling brokerage was Guojin Securities Co., Ltd. with a selling amount of 6.2876 million yuan [3] - The total transaction amount of the top five buying and selling brokerages was 53.3289 million yuan, with buying transactions amounting to 28.3389 million yuan and selling transactions amounting to 24.99 million yuan [2]

Core Insights - Anhui Phoenix (832000) experienced significant trading activity on September 19, 2025, with a turnover rate of 23.70% and a trading volume of 11.45 million shares, amounting to a transaction value of 308 million yuan [1][2]. Trading Details - The top buying seat was from GF Securities Co., Ltd., Shenzhen Dongbin Road branch, with a purchase amount of approximately 6.70 million yuan [2]. - The top selling seat was from Guojin Securities Co., Ltd., Shenzhen branch, with a selling amount of approximately 6.29 million yuan [2]. - Other notable trading activities included purchases from Changjiang Securities and CITIC Securities, with respective amounts of approximately 4.59 million yuan and 4.09 million yuan [2].

证券代码：832000 证券简称：XD 安徽凤 公告编号：2025-104 股东减持股份结果公告 本公司及董事会全体成员及相关股东保证公告内容不存在虚假记载、误导性 陈述或重大遗漏，并对其内容的真实、准确和完整承担个别及连带责任。 | 股东名称 | 股东身份 | 持股数量 | 持股比例 | 当前持股股份来源 | | --- | --- | --- | --- | --- | | | | （股） | （%） | | | 巫界树 | 控股股东、实际控制人、 董事 | 43,815,600 | 47.79% | | | 巫玟翰 | 实际控制人、董事 | 540,000 | 0.59% | | | 陈登宇 | 持股 5%以上股东、董事、 高级管理人员 | 998,400 | 1.09% | 北京证券交易所上市 前取得（含权益分派 | | 王小娟 | 陈登宇之配偶 | 486,000 | 0.53% | 转增股） | | 海南玟博投 资有限公司 | 持股 5%以上股东 | 10,800,000 | 11.78% | | | 艾建明 | 高级管理人员 | 300,000 | 0.33% | | | 张燕 | 高级管理人员 ...

Core Viewpoint - Anhui Phoenix (832000) experienced a significant increase of 8.94% in its stock price, with a trading volume of 3.81 billion yuan and a turnover rate of 30.43% on the day of reporting [2] Trading Activity Summary - The stock was listed on the North Exchange due to its turnover rate reaching 30.43%, with a total net sell of 13.76 million yuan from brokerage seats [2] - The top five brokerage seats accounted for a total transaction volume of 75.25 million yuan, with a buying amount of 30.74 million yuan and a selling amount of 44.51 million yuan, resulting in a net sell of 13.76 million yuan [2] - The largest buying brokerage was Guojin Securities Co., Ltd. Shenzhen Branch, with a buying amount of 7.55 million yuan, while the largest selling brokerage was GF Securities Co., Ltd. Shenzhen Dongbin Road Branch, with a selling amount of 11.00 million yuan [2] Detailed Brokerage Activity - The top five buying and selling brokerages are as follows: - Buy 1: Guojin Securities Shenzhen Branch - Buy: 7.55 million yuan, Sell: 8.70 million yuan - Buy 2: Guosheng Securities Henan Branch - Buy: 5.50 million yuan, Sell: 1.37 million yuan - Buy 3: Dongfang Caifu Securities Lhasa Tuanjie Road Branch - Buy: 5.12 million yuan, Sell: 2.72 million yuan - Sell 1: GF Securities Shenzhen Dongbin Road Branch - Buy: 4.74 million yuan, Sell: 11.00 million yuan - Sell 2: Guojin Securities Shenzhen Branch - Buy: 7.55 million yuan, Sell: 8.70 million yuan [2]

Group 1 - Anhui Phoenix (832000) experienced a decline of 5.12% with a turnover rate of 23.39% and a trading volume of 278 million yuan, showing a fluctuation of 8.33% [1] - The stock was listed on the North Exchange due to its turnover rate reaching 23.39%, with a net buying amount of 627,300 yuan from brokerage seats [1] - The top five brokerage seats accounted for a total transaction amount of 67.475 million yuan, with a buying amount of 34.0512 million yuan and a selling amount of 33.4239 million yuan, resulting in a net buying of 627,300 yuan [1] Group 2 - The largest buying and selling brokerage was Guojin Securities Co., Ltd. Shenzhen Branch, with a buying amount of 8.0044 million yuan and a selling amount of 7.8717 million yuan [1] - Other notable buying brokerages included Guotai Junan Securities and China Merchants Securities, with buying amounts of 5.5183 million yuan and 5.5042 million yuan respectively [1] - The selling activities were also dominated by Guojin Securities, with significant selling from Dongfang Securities and other brokerages [1]

Group 1 - Anhui Phoenix (832000) experienced a significant increase of 9.80% in its stock price, with a trading volume turnover rate of 34.49% and a total transaction value of 4.45 billion yuan, indicating high market activity [1][2] - The stock was listed on the North Exchange due to its high turnover rate, with a net buying amount of 4.0865 million yuan from brokerage seats [2] - The top five brokerage seats accounted for a total transaction value of 94.8465 million yuan, with a buying amount of 49.4665 million yuan and a selling amount of 45.3800 million yuan, resulting in a net buying of 4.0865 million yuan [2] Group 2 - The largest buying brokerage was Dongfang Securities Co., Ltd. with a purchase amount of 10.8360 million yuan, while the largest selling brokerage was Dongfang Fortune Securities Co., Ltd. with a selling amount of 10.0120 million yuan [2] - Detailed trading information shows the top five buying and selling brokerages, highlighting the active participation of various firms in the trading of Anhui Phoenix [2]