Core Points - The Shanghai Composite Index closed at 3892.55 points, above the five-day moving average, with a decline of 0.55% [1] - The total trading volume of A-shares reached 1,056.036 billion yuan, with 192 A-shares breaking through the five-day moving average [1] Summary by Category Stock Performance - Notable stocks with significant deviation rates above the five-day moving average include: - Zhaobiao Co., Ltd. (301136) with a deviation rate of 15.44% and a daily increase of 20.00% [1] - Jianglong Shipbuilding (300589) with a deviation rate of 7.81% and a daily increase of 9.75% [1] - Haixiang New Materials (003011) with a deviation rate of 7.17% and a daily increase of 10.02% [1] Trading Activity - The trading turnover rate for Zhaobiao Co., Ltd. was 15.73%, indicating high trading activity [1] - Other stocks with notable trading turnover rates include Jianglong Shipbuilding at 35.06% and Haixiang New Materials at 8.58% [1] Market Trends - The overall market showed a mixed performance with some stocks significantly outperforming the five-day moving average while others just managed to cross it [1]

截至12月1日，北交所融资融券余额合计75.69亿元，较前一交易日增加4194.95万元，其中，融资余额 75.69亿元，较前一交易日增加4184.58万元，为连续3个交易日增加；融券余额为60.17万元，较前一交 易日增加10.36万元。 | 代码 | 简称 | 12月1日涨跌幅 | 最新融资余额 | 较上一日增加 | 占流通市值比例 | 所属行 | | --- | --- | --- | --- | --- | --- | --- | | | | （%） | （万元） | （万元） | （%） | 业 | | 920640 | 富士达 | 3.84 | 8768.74 | 1857.51 | 1.47 | 通信 | | 920522 | 纳科诺 | -4.47 | 18602.66 | 1454.39 | 2.47 | 电力设 | | | 尔 | | | | | 备 | | 920116 | 星图测 控 | 8.22 | 8102.84 | 799.85 | 2.53 | 计算机 | | 920405 | 海希通 | 4.28 | 9624.42 | 720.66 | 3.23 | 机械设 | | | 讯 ...

Core Insights - As of November 28, the total margin financing and securities lending balance on the Beijing Stock Exchange reached 7.527 billion yuan, an increase of 38.79 million yuan from the previous trading day, marking a continuous increase for two consecutive trading days [1] - The stocks with the highest margin financing balances include Jinbo Biological, Shuguang Digital Innovation, and Better Ray, with latest financing balances of 412 million yuan, 342 million yuan, and 309 million yuan respectively [1] - On November 28, 159 stocks on the Beijing Stock Exchange received net margin purchases, with 23 stocks having net purchases exceeding one million yuan, led by Haixi Communications with a net purchase of 21.79 million yuan [1][2] Margin Financing Overview - The margin financing balance on November 28 was 7.527 billion yuan, with an increase of 38.84 million yuan from the previous day [1] - The securities lending balance was 498,100 yuan, a decrease of 5,240 yuan from the previous day [1] - The average proportion of the latest margin financing balance to the circulating market value for the stocks with the highest financing balances was 1.38% [1] Industry Performance - The industries with the most stocks receiving net margin purchases over one million yuan were machinery equipment, electric power equipment, and basic chemicals, with four stocks each from machinery and electric power equipment, and three from basic chemicals [2] - On average, stocks with net margin purchases exceeding one million yuan rose by 0.26% on November 28, with notable increases from Tietuo Machinery, Anda Technology, and Gebijia, which rose by 9.16%, 5.31%, and 4.40% respectively [2] - The average turnover rate for stocks with net margin purchases exceeding one million yuan was 4.22%, significantly higher than the average turnover rate of 2.23% for all stocks on the Beijing Stock Exchange [2] Notable Stocks - Haixi Communications had a margin financing balance of 89.04 million yuan, with a net purchase increase of 21.79 million yuan, despite a price drop of 3.95% [3] - Nacono's margin financing balance was 171.48 million yuan, with a net purchase increase of 12.58 million yuan and a price increase of 1.19% [3] - Star Map Measurement had a margin financing balance of 73.03 million yuan, with a net purchase increase of 10.14 million yuan and a price increase of 1.73% [3]

Investment Rating - The report assigns an "Accumulate" rating for the company, indicating a positive outlook based on its stable industrial control business and growth potential in energy storage and solid-state battery sectors [5][7]. Core Insights - The company's industrial control business is stabilizing, while its energy storage capacity expansion and solid-state battery layout are expected to drive performance growth [5][6]. - The company has shown significant revenue growth, with a projected increase in operating income from 234 million RMB in 2023 to 5.08 billion RMB by 2027, reflecting a compound annual growth rate of 98.49% [5][6]. - The net profit attributable to shareholders is expected to rise from 46 million RMB in 2023 to 409 million RMB by 2027, with a notable increase in profitability metrics such as ROE [5][6]. Summary by Sections Industrial Wireless Remote Control Equipment and Energy Storage Business - The company reported a net profit of 48.09 million RMB for Q1-Q3 2025, marking a year-on-year increase of 9% [6][15]. - The industrial wireless control equipment business includes the development, production, and sales of both the OHM and HBC brands, serving major clients like SANY Heavy Industry and XCMG [6][25]. - The energy storage business is expected to see significant growth, with revenue projected to reach 2.77 billion RMB in 2024, contributing over 54% to total revenue [6][54]. Growth Potential - The energy storage segment is anticipated to expand rapidly, with production capacity expected to exceed 10 GWh by 2026, driven by ongoing projects and increasing demand [6][50]. - The company has secured contracts worth 4.02 billion RMB for energy storage projects, indicating strong market demand and operational capacity [6][10]. Profitability Forecast and Valuation - The forecasted net profits for 2025-2027 are 74 million RMB, 220 million RMB, and 409 million RMB, respectively, with corresponding P/E ratios decreasing from 52.8 to 9.6 [5][7]. - The company is positioned favorably against comparable firms, with a current average P/E of 73X for peers in the industry [7][10].

Market Overview - On November 24, the total trading volume of individual stocks on the Beijing Stock Exchange reached 603 million shares, with a total transaction value of 12.81 billion yuan, a decrease of 5.44 billion yuan compared to the previous trading day [1] - Among the tradable stocks, 220 stocks closed higher, accounting for 77.74% of the total, with notable gainers including Tietuo Machinery, Guoyi Bidding, and Meideng Technology, which rose by 18.20%, 8.61%, and 8.21% respectively [1][2] - Conversely, 56 stocks closed lower, with Dapeng Industrial hitting the daily limit down, and the largest declines seen in Beikang Testing, Hanwei Technology, and Litong Technology, which fell by 6.74%, 5.72%, and 5.71% respectively [1] Trading Activity - A total of 32 stocks had transaction values exceeding 10 million yuan, with Meideng Technology, Tietuo Machinery, and Haixi Communications leading at 329 million yuan, 326 million yuan, and 275 million yuan respectively [1] - In terms of trading activity, 8 stocks had a turnover rate exceeding 10%, with 3 stocks exceeding 20%. Additionally, 33 stocks had turnover rates between 5% and 10%, while 210 stocks had turnover rates between 1% and 5% [1] Notable Stocks - The top three stocks by turnover rate were Tietuo Machinery at 28.89%, Beikang Testing at 28.87%, and Meideng Technology at 26.85% [1] - The closing prices and performance of selected stocks included: - Meideng Technology: Closing price 70.55 yuan, up 8.21%, turnover rate 26.85%, transaction value 328.66 million yuan [1] - Tietuo Machinery: Closing price 27.47 yuan, up 18.20%, turnover rate 28.89%, transaction value 326.09 million yuan [1] - Haixi Communications: Closing price 27.98 yuan, up 1.27%, turnover rate 8.84%, transaction value 274.51 million yuan [1]

证券代码：920405 证券简称：海希通讯 公告编号：2025-154 上海海希工业通讯股份有限公司 2025 年第三季度权益分派实施公告 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。 上海海希工业通讯股份有限公司董事会于 2025 年 10 月 24 日根据 2024 年 年度股东会审议通过的中期分红条件和上限制定 2025 年第三季度权益分派方案。 本次实施分配方案距离董事会制定中期分红方案的时间未超过两个月。 现将权益分派事宜公告如下： （1）个人股东、投资基金适用股息红利差别化个人所得税政策, 个人股东、 投资基金持股 1 个月（含 1 个月）以内，每 10 股补缴税款 0.100000 元；持股 1 个月以上至 1 年（含 1 年）的，每 10 股补缴税款 0.050000 元；持股超过 1 年的， 不需补缴税款。 （2）对合格境外投资者股东，根据国税函[2009]47 号，公司按 10%的税率 代扣代缴所得税后，实际每 10 股派发 0.450000 元。 （3）对于合格境外投资者之外的其 ...

Core Points - The Shanghai Composite Index fell by 2.45% today, with 9 stocks reaching historical closing highs [1] - Among the tradable A-shares, 354 stocks rose (6.50%) while 5072 stocks fell (93.17%), with 33 stocks hitting the daily limit up and 107 stocks hitting the limit down [1] Group 1: Historical Highs - A total of 9 stocks reached historical closing highs today, with 4 from the main board, 1 from the ChiNext, and 2 from the Sci-Tech Innovation Board [1] - The industries with the most stocks reaching historical highs include computer, electric equipment, and banking, with 2, 2, and 1 stocks respectively [1] - The average price of stocks that reached historical highs was 47.68 yuan, with one stock priced over 100 yuan and another between 50-100 yuan [1] Group 2: Stock Performance - Stocks that reached historical highs saw an average increase of 7.00%, with notable gainers including Pingao Co., Yidian Tianxia, and Luokai Co. [1] - The highest closing price was for Pinming Technology at 148.56 yuan, which increased by 4.77%, followed by Zhenai Meijia and Pingao Co. at 57.00 yuan and 49.02 yuan respectively [1] Group 3: Capital Flow - The total net inflow of main funds into stocks reaching historical highs was 658 million yuan, with the highest net inflows seen in Yidian Tianxia, Luokai Co., and Pingao Co. [2] - The average total market capitalization of stocks reaching historical highs was 174.197 billion yuan, with the highest market capitalizations belonging to China Bank, Yidian Tianxia, and Pinming Technology [2] Group 4: Recent Performance - Among the stocks that reached historical highs, Zhenai Meijia recorded 9 new highs in the past month, while Kunong Technology, Shanghai Port, and China Bank recorded 6, 5, and 4 new highs respectively [2]

证券代码：920405 证券简称：海希通讯 公告编号：2025-153 一、 合同签署概况 上海海希工业通讯股份有限公司签订重要销售合同的公告 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 近日，上海海希工业通讯股份有限公司（以下简称"公司"）全资孙公司海 希智能科技（浙江）有限公司（以下简称"海希浙江"）与浙江兆合贵能源科技 有限公司（以下简称"浙江兆合贵能源"）签订《货物批次采购合同》，浙江兆合 贵能源向海希浙江采购泰安市宁阳县伏山镇 400MW/800MWh 电网侧电化学 储能项目储能系统采购及安装（以下简称"合同货物"），合同金额为 401,880,000 元人民币。 （二） 审批情况 上述合同属于公司日常经营活动相关的合同，根据《北京证券交易所上市 规则》的相关规定，该合同不需要经过公司董事会及股东会的审议。 二、 合同对手方情况 （一）合同对手方基本情况 合同对手方名称：浙江兆合贵能源科技有限公司 统一社会信用代码：91330108MACGJ6HG2H 企业类型：有限责任 ...

Market Overview - The automation equipment sector increased by 0.48% on November 17, with Hai Xi Communication leading the gains [1] - The Shanghai Composite Index closed at 3972.03, down 0.46%, while the Shenzhen Component Index closed at 13202.0, down 0.11% [1] Top Performers in Automation Equipment Sector - Hai Xi Communication (Code: 920405) closed at 25.50, up 7.64% with a trading volume of 78,900 shares and a transaction value of 194 million [1] - Wei Chuang Electric (Code: 688698) closed at 75.44, up 6.16% with a trading volume of 65,300 shares and a transaction value of 491 million [1] - Kai Di Co., Ltd. (Code: 605288) closed at 95.18, up 6.13% with a trading volume of 30,100 shares and a transaction value of 291 million [1] - Other notable gainers include Hai Ri Ao (Code: 688889) up 5.77% and Lian Ying Laser (Code: 688518) up 4.19% [1] Underperformers in Automation Equipment Sector - Hong Ying Intelligent (Code: 001266) closed at 32.64, down 10.01% with a trading volume of 139,600 shares and a transaction value of 461 million [2] - Mai He Co., Ltd. (Code: 66110E) closed at 23.34, down 7.42% with a trading volume of 87,400 shares and a transaction value of 202 million [2] - Rui Sheng Intelligent (Code: 688215) closed at 72.49, down 5.07% with a trading volume of 15,200 shares and a transaction value of 112 million [2] Capital Flow Analysis - The automation equipment sector experienced a net outflow of 418 million from institutional investors, while retail investors saw a net inflow of 239 million [2] - Notable stocks with significant capital flow include Hui Chuan Technology (Code: 300124) with a net inflow of 10.9 million from institutional investors [3] - Kai Di Co., Ltd. (Code: 605288) had a net inflow of 29.74 million from institutional investors, while also experiencing outflows from retail investors [3]

证券代码：920405 证券简称：海希通讯 公告编号：2025-151 上海海希工业通讯股份有限公司 2025 年第五次临时股东会决议公告 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 11 月 12 日 2.会议召开地点：上海市松江区莘砖公路 518 号 15 幢公司会议室 3.会议召开方式：本次会议采用现场投票和网络投票相结合方式召开 4.会议召集人：董事会 5.会议主持人：董事长 王小刚 6.召开情况合法合规的说明： 本次会议的召开符合《公司法》《公司章程》的有关规定。 （二）会议出席情况 出席和授权出席本次股东会的股东共 8 人，持有表决权的股份总数 36,045,994 股，占公司有表决权股份总数的 26.41%。 总经理李春友、联席总经理郑晓宇、副总经理蔡丹、财务总监闵书晗列席 会议。 二、议案审议情况 （一）审议通过《关于提名马志光先生为第四届董事会独立董事的议案》 1.议案表决结果： 同意股数 36,045,9 ...