New Stock Issuance - He Yuan Bio (787765) issued shares at a price of 29.06 on October 14, 2025[1] - The offer period for the acquisition of Shangwei New Materials (688585) is from September 29, 2025, to October 28, 2025[1] Market Alerts - Significant abnormal fluctuations reported for Nanjing New Pharmaceutical (688189) on October 10, 2025[1] - Multiple companies including Hefei Urban Construction (002208) and ST Jianyi (002789) have recent announcements regarding their stock performance[1] Trading Notifications - A total of 30 companies have trading notifications on October 14, 2025, indicating various market activities[1] - Companies such as ST Er Ya (600107) and Guangdong Mingzhu (600382) are among those with recent trading alerts[1]

Core Viewpoint - Tonghui Electronics, listed on the Beijing Stock Exchange, experienced significant trading activity on October 14, 2025, with a price fluctuation of 36.33% and a trading volume of 21.71 million shares, amounting to a total transaction value of 1.01 billion yuan [1]. Trading Activity - The stock reached a closing price of 47.77 yuan on the trading day [1]. - The trading method employed was continuous bidding [1]. - The top buying seat was from Dongfang Caifu Securities Co., Ltd., with a purchase amount of 19.76 million yuan [1]. - The top selling seat was from Guotai Junan Securities Co., Ltd., with a selling amount of 23.47 million yuan [1].

Investment Rating - The report indicates a positive outlook for the energy storage industry, particularly focusing on lithium-ion battery technologies and their advancements [1][2]. Core Insights - The research highlights significant progress in solid-state lithium batteries, particularly in solid-solid interface contact, which is crucial for their engineering applications [6][7]. - The electrochemical energy storage sector is experiencing rapid growth, with a notable increase in installed capacity and technological diversification [10][11]. - As of June 2025, the total operational energy storage capacity reached 75.79 GW/175.12 GWh, with lithium-ion batteries dominating the market [25][36]. Summary by Sections 1. Rapid Development of Electrochemical Energy Storage Technologies - The report emphasizes the advancements in solid-state lithium batteries, which are seen as the next generation of energy storage devices due to their high safety and energy density [6][7]. - The energy storage technology landscape is diversifying, with lithium-ion batteries maintaining a dominant position, accounting for 97.34% of the total operational energy storage capacity as of June 2025 [36][19]. 2. Market Performance of North Exchange Technology Growth Stocks - The median price change for North Exchange technology growth stocks was +0.11% from October 9 to October 10, 2025, with 80 companies (52%) experiencing an increase [42][44]. - Notable performers included Changfu Co., Ltd. (+29.89%) and Lingge Technology (+29.82%) [45]. 3. Industry Valuation Metrics - The median TTM price-to-earnings ratio for the new energy industry increased by 1.70% to 38.7X, indicating a positive valuation trend [46]. - The electronic equipment sector's median TTM P/E ratio rose from 57.8X to 58.6X, reflecting a stable market environment [46]. 4. Company Announcements - Tianhong Lithium Battery and Shaanxi Hongda Electric Power Engineering Co., Ltd. plan to jointly establish a holding subsidiary with a registered capital of RMB 50 million [4]. 5. Energy Storage Industry Overview - The report identifies 24 companies within the energy storage industry chain on the North Exchange, categorized into upstream (materials & production equipment), midstream (manufacturing & integration), and downstream (systems & operations) sectors [37][39]. - The report notes that large-scale energy storage projects (over 100 MW) are becoming increasingly prevalent, with a significant portion of new installations focusing on independent energy storage systems [33][30].

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、股票交易异常波动的具体情况 公司股票最近 2 个有成交的交易日 2025 年 10 月 10 日、2025 年 10 月 13 日以内收盘价 涨幅偏离值累计达到 50.19%，根据《北京证券交易所交易规则（试行）》的有关规定，属于 股票交易异常波动情形。 证券代码：920509 证券简称:同惠电子 公告编号：2025-093 常州同惠电子股份有限公司 股票交易异常波动公告 司有根据《北京证券交易所股票上市规则》等有关规定应披露而未披露的、对本公司股票交 易价格产生较大影响的信息。 二、公司关注并核实的相关情况 1、 核实对象： 公司控股股东、实际控制人及一致行动人，持股 5%以上股东，在任的董事及高级管理 人员。 2、 核实方式： 电话询问、口头询问、微信询问等方式。 3、 核实结论： 前期公告的事项不存在需要更正、补充之处；未发现可能或已经对本公司股票交易价格 产生较大影响的媒体报道或市场传闻，不涉及热点概念事项；近期公司经营情况及内外部经 营环境未发 ...

Core Viewpoint - Tonghui Electronics (920509) experienced a significant increase in stock price, reaching the daily limit of 29.99% on the trading day, indicating strong market interest and potential investor confidence [2] Trading Performance - The stock had a turnover rate of 17.41% and a total trading volume of 604 million yuan, with a price fluctuation of 22.83% throughout the day [2] - Institutional investors net bought 11.52 million yuan, while total net buying from brokerage seats amounted to 17.08 million yuan [2] Market Activity - The stock was listed on the North Exchange's watchlist due to its daily price limit being reached [2] - The top five brokerage seats accounted for a total transaction volume of 117 million yuan, with a buying amount of 72.65 million yuan and a selling amount of 44.04 million yuan, resulting in a net buying of 28.60 million yuan [2] Institutional Participation - Among the brokerage seats, one institutional specialized seat was noted, which net bought 11.52 million yuan [2] - The top buying brokerage seats included Dongfang Securities and Oriental Fortune Securities, with significant buying amounts of 15.52 million yuan and 11.98 million yuan respectively [2]

Core Points - Tonghui Electronics (920509) experienced a significant price fluctuation, with a cumulative deviation of 50.19% in its stock price from October 10 to October 13, 2025 [1] - The trading volume reached 26.9752 million shares, with a total transaction value of 1.013 billion yuan [1] Trading Details - The top buying seat was from Dongfang Securities Co., Ltd. Hangzhou Jinjilu Securities Business Department, purchasing 15.5238 million yuan worth of shares [2] - The top selling seat was from Guotai Haitong Securities Co., Ltd. Jiangsu Changzhou Fitness Road Business Department, selling shares worth 12.6038 million yuan [2] - Other notable buying and selling activities included multiple securities firms, with significant transactions recorded from Oriental Fortune Securities and Guoxin Securities [2]

Core Insights - Tonghui Electronics (920509) experienced a significant stock price increase of 29.99% on October 13, 2025, closing at 44.17 yuan [1] - The trading volume reached 14.6158 million shares, with a total transaction value of 604 million yuan [1] Trading Activity - The top buying seat was from Dongfang Securities Co., Ltd. Hangzhou Jinjilu Securities Business Department, purchasing 15.52 million yuan worth of shares [2] - The top selling seat was from Guotai Haitong Securities Co., Ltd. Jiangsu Changzhou Fitness Road Business Department, selling shares worth 12.09 million yuan [2] - Other notable buying activities included purchases from Dongfang Caifu Securities and institutional investors, with amounts of approximately 11.98 million yuan and 11.52 million yuan respectively [2]