Trading Volume and Market Activity - On December 12, the total trading volume of individual stocks on the Beijing Stock Exchange reached 1.134 billion shares, with a total transaction value of 26.973 billion yuan, a decrease of 1.332 billion yuan compared to the previous trading day [1] - Among the tradable stocks, 143 stocks closed higher, accounting for 50% of the total, while 139 stocks closed lower [1] - The stocks with the highest closing gains included Chuangyuan Xinke, Changfu Co., and Caneng Electric Power, which rose by 14.80%, 11.38%, and 11.29% respectively [1] Stock Performance Highlights - The stocks with the highest transaction values included Jinbo Biological, Xingtou Measurement Control, and Tianli Composite, with transaction values of 1.045 billion yuan, 869 million yuan, and 862 million yuan respectively [1] - A total of 76 stocks had transaction values exceeding 10 million yuan, indicating significant trading activity [1] - The highest turnover rates were observed in stocks such as Dapeng Industrial, Jingchuang Electric, and Guangdao Tui, with turnover rates of 70.76%, 45.80%, and 41.72% respectively [1] Price Movements - The stock Guangdao Tui experienced the largest decline, dropping by 21.09%, followed by Longzhu Technology and Henghe Co., which fell by 6.56% and 6.53% respectively [1] - The closing prices of notable stocks included Jinbo Biological at 275.50 yuan, Tianli Composite at 60.84 yuan, and Chuangyuan Xinke at 31.80 yuan [1][2]

（文章来源：证券时报网） | 证券代 | 证券简 | 今日涨跌幅 | 今日换手率 | 半年线 | 最新价 | 乖离率 | | --- | --- | --- | --- | --- | --- | --- | | 码 | 称 | （%） | （%） | （元） | （元） | （%） | | 300963 | 中洲特 | 20.01 | 26.75 | 20.82 | 23.39 | 12.36 | | | 材 | | | | | | | 920396 | 常辅股 份 | 14.80 | 26.02 | 34.70 | 38.32 | 10.44 | | 688033 | 天宜新 材 | 10.03 | 9.71 | 6.74 | 7.35 | 9.01 | | 000862 | 银星能 源 | 9.93 | 6.91 | 5.74 | 6.20 | 8.00 | | 002347 | 泰尔股 份 | 9.96 | 10.75 | 7.39 | 7.95 | 7.58 | | 300442 | 润泽科 技 | 6.55 | 2.78 | 50.22 | 53.23 | 6.00 | | | 王子新 | | | ...

| 代码 | 名称 | | 涨幅% ↓ | 总市值 | 年初至今涨幅% | | --- | --- | --- | --- | --- | --- | | 920576 | 天力复合 | 1 | 30.00 | 66.29亿 | 194.75 | | 920396 | 常辅服分 | 1 | 19.74 | 28.87亿 | 203.01 | | 301137 | 哈特運 | | 13.36 | 103亿 | 225.27 | | 688102 | 斯瑞新材 | 1 | 10.55 | 251亿 | 269.89 | | 601179 | 中国西电 | 1 | 10.06 | 465亿 | 21.45 | | 001208 | 华蒙线缆 | 1 | 10.03 | 104亿 | 80.89 | | 600990 | 四创电子 | 1 | 10.00 | 84.39亿 | 46.29 | | 002639 | 雪人集团 | 1 | 9.99 | 140亿 | 165.11 | | 000969 | 安泰科技 | 1 | 9.98 | 219亿 | 89.71 | | 601399 | 国机重装 | 1 | 9.9 ...

Core Viewpoint - The A-share market saw significant gains in stocks related to controlled nuclear fusion, with several companies reaching their daily limit increases, indicating strong investor interest and potential growth in this sector [1][2]. Group 1: Stock Performance - Tianli Composite reached a 30% increase, with a total market value of 6.629 billion and a year-to-date increase of 194.75% [2] - Changfu Co. saw a nearly 20% rise, with a market value of 2.887 billion and a year-to-date increase of 203.01% [2] - Ha Welding Huaton increased by over 13%, with a market value of 10.3 billion and a year-to-date increase of 225.27% [2] - Srey New Materials rose over 10%, with a market value of 25.1 billion and a year-to-date increase of 269.89% [2] - China XD Electric, Hualing Cable, Sichuan Chuang Electronics, Snowman Group, Antai Technology, China National Heavy Machinery, China Nuclear Engineering, and Shun Sodium Co. all reached a 10% increase [1][2]. Group 2: Additional Notable Stocks - Zhongtai Co. and Dongfang Electric increased by over 8%, with market values of 8.15 billion and 81.8 billion respectively [2] - Guoda Special Materials and Aike Saibo both saw increases of nearly 8%, with market values of 6.541 billion and 6.104 billion respectively [2] - Western Superconducting experienced a 7.1% increase, with a market value of 49 billion [2].

Core Insights - The controllable nuclear fusion sector is experiencing significant activity, with multiple stocks reaching their daily limit up, indicating strong investor interest and market momentum [1][2] - The market is driven by the promising prospects of controllable nuclear fusion as a "ultimate energy" source, transitioning from experimental validation to engineering demonstration phase, with new projects set to launch bidding soon [2][3] Stock Performance - Tianli Composite (920576) saw a price increase of 30%, with a year-to-date growth of 182.45% and a trading volume of 5.16 billion [2] - Xuren Group (002639) rose by 9.99%, with a year-to-date increase of 165.11% and a trading volume of 30.48 billion [2] - Other notable performers include Guojizhongzhuang (601399) up 9.98%, Falsen (000890) up 9.93%, and China First Heavy Industries (601106) up 9.89% [2] Market Trends - The International Energy Agency predicts that the global nuclear fusion market could approach $500 billion (3.5 trillion RMB) by 2030, highlighting the sector's growth potential [3] - Recent grassroots research indicates that multiple new projects, including "Xinghuo No. 1" in Jiangxi and "Xianjue" in Chengdu, are set to begin preliminary bidding within the year, marking a shift towards industrialization [3] Sector Analysis - The superconducting materials sector is expected to benefit significantly from the demand for high-performance superconducting magnets essential for plasma confinement in fusion devices [4] - The core component manufacturing sector will see increased orders for precision components like tungsten-based filters and vacuum chambers, which require high-temperature resistance and radiation tolerance [4] - The high-end equipment and system integration sector will experience growth opportunities as large experimental and demonstration reactors require comprehensive design and integration capabilities [4] Supporting Systems - The power supply and control systems sector is crucial for providing stable magnetic fields and heating power, with companies that have historically supported research projects likely to secure bulk orders during the industrialization phase [5]

证券代码：920396 证券简称：常辅股份 公告编号：2025-103 常州电站辅机股份有限公司 关于变更持续督导保荐代表人的公告 董事会 2025 年 11 月 17 日 附件：尹冠钧先生简历 尹冠钧：男，中国证券业执业编号 S0550723090002，图书情报专业硕士，保 荐代表人，具有法律职业资格，中级会计师。主要从事企业改制与辅导、股票发 行与承销、公司收购兼并及资产重组等投资银行业务。曾就职于国信证券上市公 司部，现就职于东北证券投资银行总部。曾参与三协电机北交所 IPO、长白山再融 资、傲伦达创业板首发、大地电气北交所 IPO、恒太照明北交所 IPO 及大烨智能重 大资产重组等保荐及顾问类项目，并为多家上市公司及非上市公司提供过融资、 并购、投资、资产重组等财务顾问服务，具有丰富的资本市场各类项目的实务操 作经验在保荐业务执业过程中严格遵守《证券发行上市保荐业务管理办法》及《北 京证券交易所证券发行上市保荐业务管理细则》等相关规定，执业记录良好。 本次保荐代表人变更不影响东北证券对公司持续督导工作。本次保荐代表人 变更后，东北证券负责公司持续督导工作的保荐代表人为程继光先生、尹冠钧先 生。 特此 ...

证券代码：920396 证券简称：常辅股份 公告编号：2025-102 常州电站辅机股份有限公司 2023 年股权激励计划部分股票期权注销完成公告 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。 常州电站辅机股份有限公司（以下简称"公司"）于 2025 年 10 月 27 日召开 第三届董事会第二十一次会议，审议通过了《关于注销 2023 年股权激励计划部分 股票期权的议案》。根据《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》、 《2023 年股权激励计划》相关规定及公司 2023 年第二次临 时股东大会授权，公司向中国证券登记结算有限责任公司北京分公司提交注销部 分股票期权的申请，经审核确认，本次注销部分股票期权事宜已经办理完毕，现 将相关情况公告如下： 一、关于注销部分股票期权的基本情况 1.公司于 2025 年 9 月 22 日实施了公司 2023 年股权激励计划股票期权 第一期行权缴款，截至缴款截止时间 ...

Group 1 - The stock of Changfu Co., Ltd. (920396) increased by 5.65% today, with a turnover rate of 21.94% and a trading volume of 434 million yuan, showing a volatility of 13.37% [1] - The stock was listed on the trading board due to its turnover rate reaching 21.94%, with a net buying amount of 16.87 million yuan from brokerage seats [2] - In the past six months, the stock has appeared on the trading board seven times, with an average price increase of 0.56% the day after being listed and an average decline of 10.54% over the following five days [3] Group 2 - The top buying brokerage was Guosen Securities Co., Ltd. Shenzhen Internet Branch, with a buying amount of 14.47 million yuan, while the top selling brokerage was Dongfang Caifu Securities Co., Ltd. Lhasa Tuanjie Road Second Securities Brokerage, with a selling amount of 6.22 million yuan [2][3] - The trading data shows that the top five buying brokerages had a total transaction amount of 76.81 million yuan, with a buying amount of 46.84 million yuan and a selling amount of 29.97 million yuan, resulting in a net buying of 16.87 million yuan [2]

证券代码：920396 证券简称：常辅股份 公告编号：2025-100 常州电站辅机股份有限公司 2023年股权激励计划股票期权第一个行权期行权结果公告 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、股票期权行权结果 （二）实际行权明细表 | 序 | | | 持有尚未行 | 实际行权数 | 实际行权对 | 实际行权对 应股票数量 | | --- | --- | --- | --- | --- | --- | --- | | | 姓名 | 职务 | 权的期权数 | | 应股票数量 | | | 号 | | | 量（份） | 量（份） | （股） | 占行权后总 | | | | | | | | 股本的比例 | | 1 | 杜发平 | 董事长、总经理 | 180,000 | 72,000 | 72,000 | 0.10% | | 2 | 刘勇 | 董事、副总经理 | 108,000 | 43,200 | 43,200 | 0.06% | （一）实际行权基本情况 1、期权简称及代码：常辅JLC1、 850 ...

证券代码：920396 证券简称：常辅股份 公告编号：2025-101 常州电站辅机股份有限公司 关于公司入选第七批国家级专精特新"小巨人"企业 并完成公示的公告 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、基本情况 本次入选第七批国家级专精特新"小巨人"企业名单，是对公司技术研发水 平、创新成果转化能力等方面的认可，也是对公司坚持自主创新、长期深耕细分 领域技术的肯定，有利于提高公司的品牌知名度和在行业内的影响力，对公司整 体发展产生积极影响。未来公司将持续聚焦核心业务，提高科技创新能力，增强 公司核心竞争力。 三、风险提示 本次入选国家级专精特新"小巨人"企业，不会对公司当期经营业绩产生 重大影响。敬请广大投资者谨慎投资，注意投资风险。 四、备查文件 根据江苏省工业和信息化厅发布的《关于江苏省第七批专精特新"小巨人" 企业和 2025 年专精特新"小巨人"复核通过企业名单的公示》，常州电站辅机 股份有限公司（以下简称"公司"）入选第七批国家级专精特新"小巨人"企业。 截至本公告日，上述公示期 ...