Core Insights - Zhongyu Technology (stock code: 920694) reported strong financial performance for Q3 2025, with revenue reaching 559 million yuan, a year-on-year increase of 27.85%, and net profit attributable to shareholders at 76.467 million yuan, indicating robust growth momentum [1][2] Financial Performance - The company achieved a revenue of 559 million yuan in the first three quarters, reflecting a growth of 27.85% compared to the same period last year [1] - Net profit attributable to shareholders was 76.467 million yuan, continuing a trend of steady growth [1] Market Position and Product Offering - Zhongyu Technology is a leading enterprise in the field of fluid transmission polymer materials, providing specialized solutions for shale oil and gas extraction, mine drainage, municipal firefighting, and agricultural irrigation [1] - The company’s products are recognized for their high pressure resistance, wear resistance, and long-distance transmission capabilities, establishing significant technical advantages and market competitiveness [1] Strategic Initiatives - The company has optimized its product structure, improved production efficiency, and intensified market expansion efforts, leading to simultaneous growth in revenue and net profit [1] - Notable success has been achieved in emerging markets such as South America, the Middle East, and Australia, contributing new growth momentum [1] Global Strategy - Zhongyu Technology has established overseas companies in the United States and the Middle East to enhance overseas delivery response speed and strengthen competitiveness in international markets [2] - The company is increasing R&D investment to drive product iteration and upgrades, catering to diverse application needs [2] Future Outlook - Zhongyu Technology aims to continue deepening its focus on the fluid transmission sector, leveraging its technological advantages and comprehensive global market layout to enhance product competitiveness and market share [2] - The company plans to explore new application areas and market spaces while maintaining steady development of existing businesses, laying a solid foundation for higher quality and more sustainable growth [2]

Core Viewpoint - The rubber sector experienced a slight decline of 0.2% on October 23, with Zhongyu Technology leading the losses, while the Shanghai Composite Index and Shenzhen Component Index both rose by 0.22% [1] Group 1: Market Performance - The closing price of Zhongyu Technology was 23.30, reflecting a significant drop of 13.61% with a trading volume of 132,000 shares and a transaction value of 321 million yuan [2] - Li Tong Technology saw a closing price of 31.42, with an increase of 5.58%, trading 77,800 shares worth 241 million yuan [1] - The overall trading volume in the rubber sector indicated a net outflow of 45.63 million yuan from main funds, while retail funds saw a net outflow of 6.67 million yuan [2] Group 2: Individual Stock Performance - The top gainers included Li Tong Technology (+5.58%), Sanwei Equipment (+3.29%), and Sanwei Co. (+2.84%) [1] - The top losers included Zhongyu Technology (-13.61%), Kexin New Materials (-4.42%), and Tiantian Technology (-2.53%) [2] - The net inflow from speculative funds was 52.31 million yuan, indicating a mixed sentiment among investors [2] Group 3: Fund Flow Analysis - Main funds showed a net inflow in stocks like Yanggu Huatai with 33.11 million yuan, while stocks like Sanwei Co. and Zhen'an Technology experienced net outflows [3] - The net inflow from speculative funds was notable in stocks like Kexin New Materials, which saw a net inflow of 20.21 million yuan [3] - Retail investors showed a significant net outflow in stocks like Yanggu Huatai and Sanwei Co., indicating cautious sentiment [3]

Group 1 - The shale gas sector continues to be active, with Zhongyu Technology reaching a new high [1] - ShenKong Co., Shihua Machinery have achieved three consecutive trading limits [1] - Other companies such as Desheng Co., Shihua Oil Service, Shandong Molong, Bingyang Technology, and Shanhe Intelligent are also experiencing upward trends [1]

Core Viewpoint - Zhongyu Technology (920694) experienced a significant increase in stock price, reaching the daily limit of 29.96% on October 21, with a trading volume of 2.34 billion yuan and a turnover rate of 15.43% [2] Trading Activity - The stock was listed on the North Exchange due to its daily price fluctuation limit being reached, with a net buying amount of 2.77 million yuan from various trading desks [2] - The top five trading desks accounted for a total transaction volume of 57.00 million yuan, with a buying amount of 29.88 million yuan and a selling amount of 27.12 million yuan, resulting in a net buying of 2.77 million yuan [2] Major Trading Desks - The largest buying desk was Guotai Junan Securities Co., Ltd. from Zhengzhou, with a buying amount of 7.01 million yuan, while the largest selling desk was Changjiang Securities Co., Ltd. from Shaanxi, with a selling amount of 7.09 million yuan [2] - Detailed buying and selling amounts from various desks include: - Buy One: Guotai Junan Securities, 7.01 million yuan - Buy Two: China Galaxy Securities, 6.62 million yuan - Buy Three: Industrial Securities, 6.14 million yuan - Buy Four: East Asia Qianhai Securities, 5.33 million yuan - Buy Five: Dongfang Caifu Securities, 4.77 million yuan - Sell One: Changjiang Securities, 7.09 million yuan - Sell Two: Xinda Securities, 5.56 million yuan [2]

Core Points - Zhongyu Technology (920694) experienced a significant stock price increase of 29.96% on October 21, 2025, closing at 25.07 yuan [1] - The trading volume reached 9.645 million shares, with a total transaction value of 234 million yuan [1] Trading Details - The top buying seat was from Guotai Junan Securities Co., Ltd. Henan Zhengzhou Huanghe Road Branch, with a purchase amount of approximately 7.014 million yuan [2] - The top selling seat was from Changjiang Securities Co., Ltd. Shaanxi Branch, with a selling amount of approximately 7.087 million yuan [2] - Other notable buying seats included China Galaxy Securities Co., Ltd. and Guanyin Securities Co., Ltd., with buying amounts of approximately 6.621 million yuan and 6.139 million yuan, respectively [2]

Core Insights - The rubber sector experienced a rise of 1.95% on October 21, with Zhongyu Technology leading the gains [1] - The Shanghai Composite Index closed at 3916.33, up 1.36%, while the Shenzhen Component Index closed at 13077.32, up 2.06% [1] Sector Performance - Zhongyu Technology (code: 920694) saw a significant increase of 29.96%, closing at 25.07 with a trading volume of 96,500 shares and a transaction value of 234 million yuan [1] - Yanggu Huatai (code: 300121) increased by 6.37%, closing at 16.02 with a trading volume of 287,100 shares and a transaction value of 454 million yuan [1] - Other notable performers include: - Sanwei Equipment (code: 920834) up 5.81% to 15.67 [1] - Keqiang Co., Ltd. (code: 920665) up 4.46% to 13.58 [1] - Tiantie Technology (code: 300587) up 3.24% to 7.65 [1] Capital Flow - The rubber sector saw a net inflow of 61.99 million yuan from main funds, while retail funds experienced a net outflow of 21.72 million yuan [3] - Speculative funds had a net outflow of 40.27 million yuan [3]

Company Performance - Zhongyu Technology's stock price reached a historical high, increasing by 29.96% to 25.07 yuan, with a trading volume of 8.0369 million shares and a transaction value of 193 million yuan, resulting in a turnover rate of 12.86% [2] - The latest total market capitalization of Zhongyu Technology in A-shares is 3.311 billion yuan, with a circulating market value of 1.567 billion yuan [2] - The company reported a revenue of 359 million yuan for the first half of the year, representing a year-on-year growth of 23.81%, and a net profit of 52.6054 million yuan, up 41.84% year-on-year, with basic earnings per share of 0.4700 yuan and a weighted average return on equity of 6.23% [2] Industry Overview - The basic chemical industry, to which Zhongyu Technology belongs, has an overall increase of 0.40%, with 253 stocks rising, including Zhongyu Technology, Zhenhua Co., and Jiaao Environ, which saw increases of 29.96%, 10.00%, and 7.16% respectively [2] - Conversely, 157 stocks in the industry experienced declines, with Sanfu Co., Naer Co., and Liuguo Chemical showing decreases of 6.20%, 4.21%, and 4.19% respectively [2] Margin Trading Data - As of October 20, the latest margin trading balance for Zhongyu Technology is 12.7209 million yuan, with a financing balance of 12.7209 million yuan, reflecting an increase of 2.2001 million yuan over the past 10 days, which is a growth of 20.91% [2]

Group 1 - The core point of the news is that Zhongyu Technology (920694) has seen significant net buying in financing activities, with a net purchase of 368.82 million yuan on October 13, 2025, leading to a total financing balance of 1,414.17 million yuan [1][2][3] - Over the past three trading days, Zhongyu Technology has accumulated a total net buying of 394.42 million yuan, indicating strong investor interest [1] - The financing balance increased by 35.28% compared to the previous day, reflecting a growing trend in investor engagement with the stock [2][3] Group 2 - The financing net purchases for the last few trading days were as follows: 368.82 million yuan on October 13, 4.38 million yuan on October 10, and 21.21 million yuan on October 9 [2] - The financing balance on October 10 was 1,045.34 million yuan, and on October 9 it was 1,040.96 million yuan, showing a consistent upward trend in financing activities [2][3] - The total margin trading balance as of October 13 was 1,414.17 million yuan, with a notable increase in the balance change over the recent trading days [3]

Market Overview - On September 25, the rubber sector declined by 1.0%, with Zhongyu Technology leading the drop [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 rubber sector included: - Kexin New Source (300731) with a closing price of 48.04, up 3.09% on a trading volume of 152,300 shares and a turnover of 733 million [1] - Haida Co., Ltd. (300320) closed at 10.38, up 1.86% with a trading volume of 164,500 shares and a turnover of 171 million [1] - Tongcheng New Materials (603650) closed at 42.15, up 1.44% with a trading volume of 416,600 shares and a turnover of 1.731 billion [1] - Major decliners included: - Zhongyu Technology (871694) closed at 19.03, down 6.07% with a trading volume of 21,000 shares and a turnover of 40.75 million [2] - Yanggu Huatai (300121) closed at 16.24, down 4.86% with a trading volume of 452,300 shares and a turnover of 746 million [2] - Heimao Co., Ltd. (002068) closed at 11.11, down 4.72% with a trading volume of 430,200 shares and a turnover of 486 million [2] Capital Flow - The rubber sector experienced a net outflow of 248 million from institutional investors, while retail investors saw a net inflow of 157 million [2] - The following stocks had significant capital flows: - Kexin New Source (300731) had a net inflow of 5.47 million from institutional investors, while retail investors had a net inflow of 1.55 million [3] - Longxing Technology (002442) saw a net inflow of 3.47 million from institutional investors but a net outflow of 6.14 million from retail investors [3] - Black Cat Co., Ltd. (002068) had a net outflow of 9.25 million from institutional investors, with a net inflow of 11.86 million from retail investors [3]

证券代码：871694 证券简称：中裕科技 公告编号：2025-115 中裕软管科技股份有限公司 投资者关系活动记录表 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、 投资者关系活动类别 √特定对象调研 □业绩说明会 □媒体采访 √现场参观 □新闻发布会 □分析师会议 □路演活动 □其他 二、 投资者关系活动情况 活动时间：2025 年 9 月 18 日 10:00-14:30 活动地点：中裕软管科技股份有限公司 参会单位及人员：天风证券、浙江盈银汇信息咨询服务有限公司、个人投资 者刘润海（排名不分先后） 上市公司接待人员：公司董事、副总经理、财务负责人、董事会秘书陈军； 公司投资者关系总监周艳 三、 投资者关系活动主要内容 回复：公司募投项目正按计划推进，具体进展如下：钢衬改性聚氨酯耐磨 管量产项目，购置约 34 亩土地进行扩建，预计 2025 年 12 月末前完工。柔性 增强热塑性复合管量产项目（安徽优耐德）目前部分产品已进入小批量试产阶 段，预计 2025 年 12 月末前完工。柔性增强热塑 ...