Core Viewpoint - Dazhong Public (600635) experienced significant trading activity with a turnover rate of 22.74% and a trading volume of 3.963 billion yuan, indicating heightened investor interest and volatility in the stock [2][3]. Trading Activity - The stock closed flat today with a daily amplitude of 18.39% and was listed on the Shanghai Stock Exchange's "Dragon and Tiger List" due to its high volatility and turnover rate [2]. - The net selling by the Shanghai-Hong Kong Stock Connect amounted to 32.528 million yuan, while the total net buying from brokerage seats was 31.262 million yuan [2]. - The top five brokerage seats accounted for a total transaction volume of 795 million yuan, with a net selling of 1.2658 million yuan [2]. Fund Flow - The stock saw a net outflow of 401 million yuan in principal funds today, with large orders contributing to a net outflow of 333.4 million yuan [3]. - Over the past five days, the stock experienced a net inflow of 242 million yuan in principal funds [3]. Margin Trading - As of October 10, the stock's margin trading balance was 759 million yuan, with a financing balance of 754 million yuan and a securities lending balance of 4.7822 million yuan [3]. - The financing balance decreased by 19.2155 million yuan over the past five days, representing a decline of 2.49%, while the securities lending balance increased by 788,500 yuan, reflecting a growth of 19.74% [3]. Financial Performance - According to the semi-annual report released on August 30, the company achieved an operating income of 3.476 billion yuan in the first half of the year, a year-on-year decrease of 5.80%, while net profit reached 333 million yuan, marking a significant year-on-year increase of 172.62% [3].

Core Viewpoint - Dazhong Public Utilities (01635) experienced a significant price drop of over 7% after a period of substantial gains, indicating potential trading risks due to market sentiment and speculation [1] Company Performance - The stock price of Dazhong Public Utilities rose sharply over four consecutive trading days, with a cumulative increase of 33.74% [1] - As of the latest report, the stock is down 6.87%, trading at 4.2 HKD, with a trading volume of 774 million HKD [1] Market Sentiment - The company noted that the recent price surge may be attributed to market over-excitement and irrational speculation, leading to heightened trading risks and potential for a sharp decline [1] Related Investments - Dazhong Public Utilities has a stake in Shenzhen Capital Group, which holds shares in Yushu Technology [1] - Yushu Technology is expected to submit its IPO application to the stock exchange in the fourth quarter of this year [1] - The IPO application for Moer Thread has passed the review by the Shanghai Stock Exchange's listing committee, with previous investments from multiple institutions, including Shenzhen Capital Group [1]

据悉，市场此前热捧宇树、摩尔线程概念。大众公在互动平台表示，公司参股深创投，而深创投及其基 金持有宇树科技股份。据悉，宇树科技预计于今年四季度向证券交易所提交上市申请文件。此外，摩尔 线程科创板IPO申请通过上交所上市委会议审议，而摩尔线程成立后曾获得包括深创投在内的多家机构 投资。 消息面上，大众公用公告，公司股票价格短期涨幅较大，2025年9月29日、9月30日、10月9日、10月10 日已连续四个交易日股票价格大幅上涨，涨幅累计达33.74%，存在交易风险。公司基本面未发生重大 变化，可能存在市场情绪过热和非理性炒作的情形，交易风险大幅提升，存在短期大幅下跌的风险。 大众公用（600635）(01635)早盘冲高回落，尾盘跌幅扩大逾7%。截至发稿，跌6.87%，报4.2港元，成 交额7.74亿港元。 ...

Core Insights - The article highlights the changes in the Hong Kong Stock Connect holdings, indicating which companies saw the largest increases and decreases in ownership percentages over recent trading days [1][2]. Summary by Category Recent Changes in Holdings - Xinyi Energy (03868) saw an increase of 0.07% in its Hong Kong Stock Connect holding percentage, bringing the total to 12.98% [2]. - The Yingfu Fund (02800) increased by 0.05%, now at 2.10% [2]. - Haier Smart Home (06690) increased by 0.02%, with a current holding of 16.62% [2]. - Horizon Robotics-W (09660) experienced the largest decrease, with a drop of 0.82%, now at 14.69% [2]. - Southern Hang Seng Technology (03033) decreased by 0.63%, now at 59.30% [2]. - WuXi AppTec (02359) saw a decrease of 0.56%, with a current holding of 15.03% [2]. Five-Day Changes - The largest increase over the last five trading days was for Da Zhong Public Utilities (01635), which rose by 3.98% to 67.37% [3]. - Zhong Chuang Innovation (03931) increased by 1.40%, now at 17.08% [3]. - Zhaoyan New Drug (06127) rose by 1.08%, with a holding of 50.59% [3]. - The largest decrease was for Southern Hang Seng Technology (03033), which fell by 2.01% to 59.30% [3]. - Haotian International Construction (01341) decreased by 1.58%, now at 58.50% [3]. Twenty-Day Changes - Da Zhong Public Utilities (01635) had the most significant increase over the past twenty days, rising by 34.46% to 67.37% [4]. - Canggang Railway (02169) increased by 31.45%, now at 43.11% [4]. - Shanga Holdings (00412) rose by 13.53%, with a current holding of 15.00% [4].

Core Viewpoint - The stock price of Shanghai Dazhong Public Utilities (600635) has experienced a significant short-term increase of 33.74% over four consecutive trading days, raising concerns about trading risks and potential irrational market behavior [1] Group 1: Stock Performance - The company's stock price has surged significantly, with a cumulative increase of 33.74% from September 29 to October 10, 2025 [1] - The current rolling price-to-earnings (P/E) ratio of the company is 47.28, which is substantially higher than the median P/E ratio of 19.21 for the public utility (gas) industry [1] - The company's price-to-book (P/B) ratio stands at 2.36, indicating considerable volatility in stock trading prices [1] Group 2: Company Operations - The company has confirmed that its production and operational activities are normal, with no significant changes in disclosed operational conditions or external environments [1] - There are no major events identified that could impact the company's stock price or cause abnormal fluctuations [1][2] - The company has not found any undisclosed significant information that could affect stock trading prices, including major asset restructuring or strategic investments [2]

智通财经APP讯，大众公用(01635)发布公告，公司A股股票价格短期涨幅较大，2025年9月29日、9月30 日、10月9日、10月10日已连续四个交易日股票价格大幅上涨，涨幅累计达33.74%,存在交易风险。 公司基本面未发生重大变化，可能存在市场情绪过热和非理性炒作的情形，交易风险大幅提升，存在短 期大幅下跌的风险。公司特别提醒投资者注意二级市场交易风险，理性决策，审慎投资。 经本公司自查，公司目前生产经营活动正常，公司已披露的经营情况、内外部环境未发生重大变化。不 存在影响公司股票交易价格异常波动的重大事项。 公司未发现对公司股票交易价格产生重大影响的重大事件，未发现需要澄清或回应的媒体报道或市场传 闻，不涉及其他热点概念事项。 经自查并书面询证公司控股股东上海大众企业管理有限公司，公司已在《上海大众公用事业(集团)股份 有限公司关于股票交易异常波动的公告》(公告编号2025-033)中披露"除了在指定媒体上已公开披露的信 息外，不存在影响公司股票交易价格异常波动的重大事宜;不存在其他涉及本公司应披露未披露的重大 信息，包括但不限于重大资产重组、股份发行、收购、债务重组、业务重组、资产剥离、资产注入、 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何 部份內 容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 上海大眾公用事業（集團）股份有限公司 Shanghai Dazhong Public Utilities (Group) Co., Ltd.* （於中華人民共和國註冊成立的股份有限公司） （股份代號：1635） 海外監管公告 關於股票交易風險提示公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而作出。 下 文 載 列 上 海 大 眾 公 用 事 業 （ 集 團 ） 股 份 有 限 公 司 在 上 海 證 券 交 易 所 網 站 (http://www.sse.com.cn)刊發的「關於股票交易風險提示公告」。 承董事會命 上海大眾公用事業（集團）股份有限公司 董事局主席 楊國平 中華人民共和國，上海 2025年10月10日 於本公告日期，本公司執行董事為楊國平先生、梁嘉瑋先生及汪寶平先生；本公司非執行 董事為趙曄青先生及金永生先生；以及本公司獨立非執行董事為姜國芳先 生、李穎琦女 ...

| 证券代码：600635 | 证券简称： | 大众公用 | | | 编号：临2025-034 | | --- | --- | --- | --- | --- | --- | | 债券代码：138999 | 债券简称： | 23 | 公用 | 01 | | | 债券代码：240539 | 债券简称： | 24 | 公用 | 01 | | 公司基本面未发生重大变化，可能存在市场情绪过热和非理性炒作的情 形，交易风险大幅提升，存在短期大幅下跌的风险。公司特别提醒投资者注意二 级市场交易风险，理性决策，审慎投资。 公司最新滚动市盈率显著高于同行业上市公司平均水平，根据中证指数 有限公司官方网站发布的最新市盈率（TTM）显示，公司股票市盈率（TTM）为 47.28，高于目前公用事业行业（燃气）市盈率（TTM）的中值数 19.21。公司市 净率为 2.36。股票交易价格存在较大波动。 公司股票自 2025 年 9 月 29 日、9 月 30 日、10 月 9 日连续三个交易日内 日收盘价格涨幅偏离值累计达 20%，根据《上海证券交易所交易规则》的有关规 定，属于股票价格异常波动。2025 年 10 月 10 日，公司股 ...

Core Viewpoint - The stock price of the company has experienced a significant short-term increase, raising concerns about potential trading risks due to market sentiment and irrational speculation [1] Summary by Relevant Sections - **Stock Price Movement** - The company's stock price has risen sharply over four consecutive trading days, with a cumulative increase of 33.74% [1] - **Market Sentiment** - There is a possibility of overheated market sentiment and irrational speculation contributing to the stock price surge [1] - **Risk Assessment** - The company has not experienced any significant changes in its fundamentals, but the heightened trading risk suggests a potential for a sharp decline in the short term [1]

大众公用公告，公司股票价格短期涨幅较大，2025年9月29日、9月30日、10月9日、10月10日已连续四 个交易日股票价格大幅上涨，涨幅累计达33.74%，存在交易风险。公司基本面未发生重大变化，可能 存在市场情绪过热和非理性炒作的情形，交易风险大幅提升，存在短期大幅下跌的风险。公司特别提醒 投资者注意二级市场交易风险，理性决策，审慎投资。 ...