Market Overview - As of September 3, the Shanghai Composite Index closed at 3813.56 points, down 44.58 points, a decrease of 1.16% [1] - The Shenzhen Component Index closed at 12472.00 points, down 81.84 points, a decrease of 0.65% [1] - The ChiNext Index closed at 2899.37 points, up 27.15 points, an increase of 0.95% [1] Stock Performance - A total of 74 A-shares had a turnover rate exceeding 20% on September 3 [1] - The top stocks by turnover rate included: - China Ruilin (603257) with a turnover rate of 48.86% and a closing price of 61.71 CNY, down 7.24% [1] - Beifang Changlong (301357) with a turnover rate of 48.31% and a closing price of 148.41 CNY, down 20.00% [1] - Haon Automotive (301488) with a turnover rate of 47.16% and a closing price of 129.85 CNY, down 0.03% [1] - Kexin Electromechanical (300092) with a turnover rate of 45.27% and a closing price of 19.61 CNY, up 20.01% [1] Notable Stocks - Other notable stocks with high turnover rates included: - Sanwei Communication (002115) with a turnover rate of 43.17% and a closing price of 11.45 CNY, up 4.09% [1] - Su Da Weige (300331) with a turnover rate of 35.81% and a closing price of 31.98 CNY, up 11.00% [1] - Xiang Cheng Technology (300139) with a turnover rate of 33.97% and a closing price of 22.05 CNY, down 3.46% [1] Additional Insights - The data indicates a mixed performance among stocks, with some experiencing significant declines while others showed gains, reflecting market volatility [1][2][3]

Market Overview - The general equipment sector experienced a decline of 1.92% on September 3, with Jiyang Precision leading the drop [1] - The Shanghai Composite Index closed at 3813.56, down 1.16%, while the Shenzhen Component Index closed at 12472.0, down 0.65% [1] Individual Stock Performance - Jiyang Precision (code: 836720) saw a significant drop of 10.52%, closing at 18.21 [1] - Qihong Precision (code: 873169) decreased by 10.13%, closing at 34.42 [1] - Kunbo Precision (code: 873570) fell by 8.24%, closing at 41.18 [1] - Rongyi Precision (code: 873223) declined by 7.45%, closing at 26.20 [1] - Huachen Equipment (code: 300809) dropped by 7.02%, closing at 43.34 [1] - Ningbo Jingda (code: 603088) decreased by 7.00%, closing at 9.70 [1] - Tiangang Co. (code: 832651) fell by 6.85%, closing at 33.59 [1] - Qianjin Technology (code: 873679) declined by 6.69%, closing at 23.45 [1] - Amperelong (code: 301413) saw a decrease of 6.60%, closing at 127.03 [1] - Ningbo Dongli (code: 002164) dropped by 6.09%, closing at 11.88 [1] Capital Flow Analysis - The general equipment sector experienced a net outflow of 3.902 billion yuan from main funds, while retail funds saw a net inflow of 3.447 billion yuan [1] - Speculative funds recorded a net inflow of 456 million yuan [1]

Investment Rating - The investment rating for the company is "Accumulate" (maintained) [5] Core Views - The company achieved a revenue of 335 million yuan in H1 2025, representing a year-on-year increase of 38%, and a net profit attributable to shareholders of 32.3 million yuan, up 23% year-on-year. The non-recurring net profit was 32.23 million yuan, reflecting a 32% year-on-year growth. Operating cash flow also saw a significant increase, reaching 47.41 million yuan, up 273% year-on-year [6] - The growth in revenue and profit is attributed to the consolidation of acquired companies and the expansion of client relationships with major manufacturers. The automotive parts, electronic components, and other parts segments saw revenue growth of 32%, 41%, and 85% year-on-year, respectively [6] - The company is benefiting from the increasing market share of new energy vehicles in China, which reached 44.3% in H1 2025, driven by favorable policies and market dynamics [6] Summary by Sections Financial Performance - In H1 2025, the company reported a revenue of 335 million yuan, with a year-on-year growth of 38%. The net profit attributable to shareholders was 32.3 million yuan, up 23% year-on-year, while the non-recurring net profit was 32.23 million yuan, reflecting a 32% increase year-on-year. The operating cash flow net amount was 47.41 million yuan, marking a 273% year-on-year increase [6] - For Q2 2025, the company achieved a revenue of 179 million yuan, with a year-on-year growth of 30% and a quarter-on-quarter growth of 16% [6] Revenue Breakdown - Revenue from automotive parts reached 188.86 million yuan (up 32% year-on-year), electronic components revenue was 93.14 million yuan (up 41% year-on-year), and other parts revenue was 24.77 million yuan (up 85% year-on-year) [6] - The growth in automotive parts revenue was driven by the consolidation of acquired subsidiaries and new sales from existing products [6] Market Outlook - The company is well-positioned to benefit from the growing demand in the new energy vehicle market, which is expected to reach historical sales highs in 2025 due to supportive government policies and market competition [6][7] - The company is expanding its presence in the North American market through its subsidiaries in Europe and Mexico, which is expected to enhance its capacity to meet regional demand [7] Profit Forecast - The forecasted net profits for the company from 2025 to 2027 are 73 million yuan, 92 million yuan, and 115 million yuan, respectively, with corresponding P/E ratios of 73.9, 59.1, and 47.2 [9]

Investment Rating - The report indicates a positive outlook for the industry, suggesting a focus on high elasticity varieties and potential growth in specialized sectors [1][3]. Core Insights - The North Exchange A-shares saw a trading volume of 37.77 billion yuan on September 2, 2025, an increase of 9.73 billion yuan from the previous trading day, with the North Exchange 50 Index closing at 1574.88, up 0.40% [1][8]. - The specialized and innovative index closed at 2737.44, reflecting a 0.26% increase, indicating resilience in the market despite broader economic challenges [1][8]. - A total of 196 out of 274 companies listed on the North Exchange experienced price increases, highlighting a positive market sentiment [1][14]. Summary by Sections Market Review - The North Exchange A-shares trading volume reached 37.77 billion yuan, marking a significant increase of 9.73 billion yuan from the previous day [1][8]. - The North Exchange 50 Index recorded a closing price of 1574.88, with a PE_TTM of 77.14 times, while the specialized and innovative index closed at 2737.44 [1][8]. Stock Performance - Among the 274 companies, 196 saw their stock prices rise, with the top gainers being Hengjin Induction (30.0%), Hongyu Packaging (30.0%), and Shunyu Precision (21.1%) [1][14][16]. - Conversely, the top decliners included Gebijia (-7.6%) and Lierda (-4.9%), indicating a mixed performance across the board [1][14][15]. Important News - Mitsubishi Heavy Industries plans to double its gas turbine production capacity within two years due to rising global demand driven by equipment replacement cycles and data center construction [2][17]. - The new power system industry is entering a golden development period, with companies like CATL and Envision Technology actively positioning themselves despite existing challenges [2][18]. Company Announcements - Huiwei Intelligent announced the use of 33.55 million yuan of idle funds for cash management, with an unexpired balance of 90.22 million yuan, representing 36.17% of its net assets for 2024 [2][19]. - Forward Technology reported the purchase of structured deposit products with 15 million yuan of idle funds, expecting an annualized return of 0.70% to 1.25% [2][20]. - Hongyu Packaging triggered an abnormal trading fluctuation due to a cumulative price deviation of 68.93% over two trading days [2][21].

Core Viewpoint - On September 2, 2025, Jiyang Precision (836720) experienced a significant trading event, with its stock price increasing by 20.06% and a trading volume of 28.4631 million shares, resulting in a transaction value of 556 million yuan [1][2]. Group 1: Trading Activity - Jiyang Precision's stock reached a closing price of 20.35 yuan, marking a notable increase in its market performance [1]. - The trading method employed was continuous bidding, which indicates active market participation [1]. - The top buying seat was held by Dongfang Caifu Securities, Lhasa Tuanjie Road Second Securities Business Department, with a purchase amount of approximately 8.91 million yuan [2]. - The top selling seat was held by Guoxin Securities, Shenzhen Hongling Middle Road Securities Business Department, with a selling amount of approximately 12.00 million yuan [1][2]. Group 2: Transaction Details - The total transaction amount for Jiyang Precision on that day was 556 million yuan, with a total of 28.4631 million shares traded [1]. - Other notable buying and selling activities included multiple securities firms, with significant transactions from Dongfang Caifu Securities and Nanjing Securities [2]. - The data indicates a strong interest from institutional investors, as evidenced by the substantial buy and sell amounts recorded [2].

Market Overview - On September 2, the total trading volume of stocks on the Beijing Stock Exchange reached 1.639 billion shares, with a total transaction value of 37.801 billion yuan, an increase of 9.749 billion yuan compared to the previous trading day [1] - Among the tradable stocks, 196 stocks closed higher, accounting for 71.79% of the total, while 73 stocks closed lower [1] Stock Performance - Notable gainers included Shunyu Precision, which rose by 21.14%, YG Precision with a 20.06% increase, and Digital Human with a 19.55% rise [1] - Conversely, stocks that saw significant declines included Gebijia, down 7.59%, Luqiao Information, which fell by 6.70%, and Chuangyuan Xinke, down 5.12% [1] Trading Activity - A total of 134 stocks had transaction values exceeding 10 million yuan, with Rongyi Precision, Better Ray, and Shunyu Precision leading in transaction value at 1.002 billion yuan, 932.9 million yuan, and 603.6 million yuan respectively [1] - The trading activity was robust, with 60 stocks having a turnover rate exceeding 10%, and 15 stocks exceeding 20% [1] Key Stocks - Rongyi Precision closed at 28.31 yuan with a turnover rate of 41.51% and a transaction value of 1.001689 billion yuan [1] - Shunyu Precision had a closing price of 40.00 yuan, a significant increase of 21.14%, and a turnover rate of 48.82% [1] - Other notable stocks included YG Precision and Hengjin Induction, which also experienced substantial price increases [1][2]

Group 1 - The stock of Jiyuan Precision (836720) increased by 20.06% with a turnover rate of 39.76% and a trading volume of 556 million yuan, showing a volatility of 24.35% [1][2] - Institutional investors net bought 3.5553 million yuan, while brokerage seats collectively net sold 19.7702 million yuan [1][2] - The top five brokerage seats accounted for a total transaction volume of 100 million yuan, with a buying amount of 42.0634 million yuan and a selling amount of 58.2783 million yuan, resulting in a net sell of 16.2149 million yuan [2] Group 2 - The specific buying and selling activities of brokerage seats included significant purchases from Dongfang Caifu Securities and Nanjing Securities, with the largest buy amounting to 8.9111 million yuan [2] - The institutional specialized seat was the only one among the top buyers, with a net buy of 3.5553 million yuan after buying 6.5007 million yuan and selling 2.9454 million yuan [2]

证券代码：836720 证券简称：吉冈精密 公告编号：2025-095 无锡吉冈精密科技股份有限公司 第四届董事会第二次会议决议公告 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、会议召开和出席情况 （一）会议召开情况 1.会议召开时间：2025 年 8 月 27 日 2.会议召开地点：江苏省无锡市锡山区东昌路 22 号四楼公司会议室 3.会议召开方式：现场及通讯方式 4.发出董事会会议通知的时间和方式：2025 年 8 月 15 日以书面方式发出 5.会议主持人：董事长周延先生 6.会议列席人员：高级管理人员、董事会秘书 会议应出席董事 9 人，出席和授权出席董事 9 人。 董事董瀚林因工作原因以通讯方式参与表决。 二、议案审议情况 （一）审议通过《关于公司 2025 年半年度报告及其摘要的议案》 1.议案内容： 根据《中华人民共和国公司法》《北京证券交易所股票上市规则》等相关法 律法规以及《公司章程》的规定，公司编制了《2025 年半年度报告》及《2025 年半年度报告摘要》。 具体内容详见公 ...

证券代码：836720 证券简称：吉冈精密 公告编号：2025-099 无锡吉冈精密科技股份有限公司 薪酬与考核委员会关于调整2022年股权激励计划 相关事项的核查意见 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。 无锡吉冈精密科技股份有限公司（以下简称"公司"）董事会薪酬与考核委员会 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司股权激励管理 办法》《北京证券交易所股票上市规则》《北京证券交易所上市公司持续监管指引第 3号——股权激励和员工持股计划》）等相关法律法规、规范性文件和《公司章程》、 公司《2022年股权激励计划（草案）（更正后）》的相关规定，就调整2022年股权激 励计划相关事项进行了核查，发表核查意见如下： 1、《关于调整2022年股权激励计划相关事项的议案》的核查意见 鉴于公司已完成2024年度权益分派实施，董事会根据公司《2022年股权激励计划 （草案）（更正后）》的相关规定及2022年第六次临时股东大会的授权，对2022年股 权激励计划的股票期权的首次及预留的数量 ...

证券代码：836720 证券简称：吉冈精密 公告编号：2025-098 无锡吉冈精密科技股份有限公司 关于调整2022年股权激励计划相关事项的公告 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、审议及表决情况 1、2022 年 8 月 18 日，无锡吉冈精密科技股份有限公司（以下简称"公司"） 召开第三届董事会第三次会议，审议通过了《关于公司〈2022 年股权激励计划 （草案）〉的议案》《关于拟认定公司核心员工的议案》《关于公司 2022 年股 权激励计划首次授予激励对象名单的议案》《关于公司〈2022 年股权激励计划 实施考核管理办法〉的议案》《关于提请股东大会授权董事会办理公司 2022 年 股权激励计划有关事项的议案》《关于与激励对象签署〈2022 年股权激励计划 限制性股票授予协议〉〈2022 年股权激励计划股票期权授予协议〉的议案》。 公司独立董事对相关议案发表了同意的独立意见。 同日，公司召开第三届监事会第三次会议，审议通过了《关于公司〈2022 年股权激励计划（草案）〉的议案》《关于 ...