Core Viewpoint - As of January 27, 2026, Kaichuang International (600097) closed at 11.93 yuan, down 1.57%, with a turnover rate of 3.46% and a trading volume of 83,200 hands, amounting to 98.52 million yuan in transaction value [1] Financial Performance - For the first three quarters of 2025, Kaichuang International reported a main revenue of 1.7 billion yuan, a year-on-year decrease of 1.74% [2] - The net profit attributable to shareholders was 60.52 million yuan, showing a significant year-on-year increase of 269.47% [2] - The net profit after deducting non-recurring items was 53.49 million yuan, up 340.06% year-on-year [2] - In Q3 2025, the company’s quarterly main revenue was 450 million yuan, down 32.82% year-on-year [2] - The quarterly net profit attributable to shareholders was 32.91 million yuan, a decrease of 22.25% year-on-year [2] - The quarterly net profit after deducting non-recurring items was 29.12 million yuan, down 28.38% year-on-year [2] - The company’s debt ratio stood at 29.18%, with investment income of 0.66 million yuan and financial expenses of 10.76 million yuan [2] - The gross profit margin was reported at 33.42% [2] Business Overview - Kaichuang International is primarily engaged in deep-sea fishing, seafood processing and sales, and related trade [2]

Core Viewpoint - The fishery sector experienced a decline of 2.2% on January 26, with major stocks like Dahu Co. leading the drop, while the overall market indices also saw slight decreases [1] Group 1: Market Performance - On January 26, the Shanghai Composite Index closed at 4132.61, down 0.09%, and the Shenzhen Component Index closed at 14316.64, down 0.85% [1] - The fishery sector stocks showed varied performance, with Dahu Co. falling by 4.46% to a closing price of 7.28 [1] Group 2: Stock Performance Details - The following stocks in the fishery sector reported their closing prices and percentage changes: - Zhanzi Island: 3.82, -1.04% - Haodangjia: 2.66, -1.12% - Kaichuang International: 12.12, -1.14% - Guolian Aquatic: 3.82, -2.05% - Zhongshui Fishery: 10.61, -2.93% - Dahu Co.: 7.28, -4.46% [1] Group 3: Capital Flow Analysis - The fishery sector saw a net outflow of 120 million yuan from main funds, while retail investors contributed a net inflow of 1.03 billion yuan [1] - The following table summarizes the capital flow for individual stocks: - Zhanzi Island: Main net inflow of 805,100 yuan, retail net inflow of 897,400 yuan - Zhongshui Fishery: Main net outflow of 19.88 million yuan, retail net inflow of 18.22 million yuan - Kaichuang International: Main net outflow of 20.77 million yuan, retail net inflow of 16.01 million yuan - Haodangjia: Main net outflow of 21.41 million yuan, retail net inflow of 14.05 million yuan - Guolian Aquatic: Main net outflow of 29.22 million yuan, retail net inflow of 25.56 million yuan - Dahu Co.: Main net outflow of 29.80 million yuan, retail net inflow of 28.50 million yuan [2]

Core Viewpoint - The fishery sector experienced a slight increase of 0.41% on January 23, with Guolian Aquatic leading the gains, while the overall market indices also showed positive movement [1]. Group 1: Market Performance - On January 23, the Shanghai Composite Index closed at 4136.16, up 0.33%, and the Shenzhen Component Index closed at 14439.66, up 0.79% [1]. - The fishery sector stocks showed varied performance, with Guolian Aquatic rising by 2.90% to a closing price of 3.90, while Dahu Co. and Kaichuang International saw declines of 2.31% and 0.65%, respectively [1]. Group 2: Trading Volume and Capital Flow - The trading volume for Guolian Aquatic was 829,000 shares, with a transaction value of 321 million yuan, while Dahu Co. had a trading volume of 501,100 shares and a transaction value of 386 million yuan [1]. - The fishery sector saw a net outflow of 67.22 million yuan from main funds, while retail investors contributed a net inflow of 71.54 million yuan [1]. Group 3: Individual Stock Capital Flow - Guolian Aquatic had a main fund net inflow of 16.73 million yuan, but retail investors showed a net outflow of 10.69 million yuan [2]. - Dahu Co. experienced a significant main fund net outflow of 26.68 million yuan, while retail investors had a net inflow of 45.81 million yuan [2]. - Kaichuang International faced a main fund net outflow of 38.04 million yuan, with retail investors contributing a net inflow of 23.60 million yuan [2].

Group 1 - The fishing sector increased by 0.96% on January 22, with "Hao Dang Jia" leading the gains [1] - The Shanghai Composite Index closed at 4122.58, up 0.14%, while the Shenzhen Component Index closed at 14327.05, up 0.5% [1] - Key stocks in the fishing sector showed varied performance, with "Hao Dang Jia" closing at 2.68, up 2.29%, and "Da Hu Co." closing at 7.80, down 0.26% [1] Group 2 - The net inflow of main funds in the fishing sector was 27.63 million yuan, while retail funds experienced a net outflow of 7.13 million yuan [1] - "Hao Dang Jia" had a main fund net outflow of 15.65 million yuan, with a retail net outflow of 6.39 million yuan [2] - "Guo Lian Shui Chan" saw a main fund net inflow of 13.36 million yuan, but retail funds had a net outflow of 9.82 million yuan [2]

Group 1 - The fishing sector increased by 0.46% on January 21, with KaiChuang International leading the gains [1] - The Shanghai Composite Index closed at 4116.94, up 0.08%, while the Shenzhen Component Index closed at 14255.12, up 0.7% [1] - Key stocks in the fishing sector showed varied performance, with KaiChuang International closing at 12.45, up 2.30%, and HaoDangJia closing at 2.62, down 0.38% [1] Group 2 - The main funds in the fishing sector experienced a net outflow of 25.07 million yuan, while retail investors saw a net inflow of 10.82 million yuan [1] - Detailed fund flows indicated that KaiChuang International had a net inflow of 16.59 million yuan from main funds, while ZhuangZiDao experienced a net outflow of 3.25 million yuan [2] - The overall retail investor participation showed a positive net inflow for several stocks, with ZhuangZiDao attracting 4.07 million yuan from retail investors [2]

Core Viewpoint - The company Kaichuang International (600097) has shown mixed financial performance in recent reports, with a decline in revenue but a significant increase in net profit for the first three quarters of 2025 [2]. Financial Performance - For the first three quarters of 2025, the company's main revenue was 1.7 billion yuan, a year-on-year decrease of 1.74% [2]. - The net profit attributable to shareholders was 60.52 million yuan, a year-on-year increase of 269.47% [2]. - The net profit excluding non-recurring items was 53.49 million yuan, a year-on-year increase of 340.06% [2]. - In Q3 2025, the company's quarterly main revenue was 450 million yuan, a year-on-year decrease of 32.82% [2]. - The quarterly net profit attributable to shareholders was 32.91 million yuan, a year-on-year decrease of 22.25% [2]. - The quarterly net profit excluding non-recurring items was 29.12 million yuan, a year-on-year decrease of 28.38% [2]. - The company's debt ratio was 29.18%, with investment income of 0.66 million yuan and financial expenses of 10.76 million yuan [2]. - The gross profit margin was 33.42% [2]. Market Activity - As of January 20, 2026, the stock closed at 12.17 yuan, with an increase of 0.25% [1]. - The turnover rate was 3.07%, with a trading volume of 74,100 hands and a transaction amount of 89.86 million yuan [1]. - On January 20, the net outflow of main funds was 5.61 million yuan, accounting for 6.24% of the total transaction amount [1]. - The net inflow of retail funds was 3.42 million yuan, accounting for 3.81% of the total transaction amount [1].

Core Viewpoint - The stock of Kaichuang International (600097) showed a slight increase of 1.59% on January 19, 2026, closing at 12.14 yuan, with a trading volume of 79,500 lots and a total transaction amount of 95.63 million yuan [1] Group 1: Financial Performance - For the first three quarters of 2025, Kaichuang International reported a main revenue of 1.7 billion yuan, a year-on-year decrease of 1.74% [2] - The net profit attributable to shareholders reached 60.52 million yuan, reflecting a significant year-on-year increase of 269.47% [2] - The net profit excluding non-recurring items was 53.49 million yuan, showing a substantial year-on-year increase of 340.06% [2] - In Q3 2025, the company recorded a quarterly main revenue of 450 million yuan, down 32.82% year-on-year [2] - The quarterly net profit attributable to shareholders was 32.91 million yuan, a decrease of 22.25% year-on-year [2] - The quarterly net profit excluding non-recurring items was 29.12 million yuan, down 28.38% year-on-year [2] - The company's debt ratio stood at 29.18%, with investment income of 0.66 million yuan and financial expenses of 10.76 million yuan [2] - The gross profit margin was reported at 33.42% [2] Group 2: Market Activity - On January 19, 2026, the net inflow of main funds was 2.63 million yuan, accounting for 2.75% of the total transaction amount [1] - The net inflow of speculative funds was 1.34 million yuan, representing 1.4% of the total transaction amount [1] - Retail investors experienced a net outflow of 3.97 million yuan, which constituted 4.15% of the total transaction amount [1]

Group 1 - The fishing sector increased by 0.87% on January 16, with Dahu Co. leading the gains [1] - The Shanghai Composite Index closed at 4101.91, down 0.26%, while the Shenzhen Component Index closed at 14281.08, down 0.18% [1] - Dahu Co. had a closing price of 7.43, up 6.60%, with a trading volume of 681,300 shares and a transaction value of 504 million yuan [1] Group 2 - The net inflow of main funds in the fishing sector was 49.83 million yuan, while retail investors had a net outflow of 85.33 million yuan [1] - Dahu Co. saw a net inflow of 32.89 million yuan from main funds, accounting for 6.52% of the total [2] - The net inflow of retail funds for Dahu Co. was -49.06 million yuan, indicating a significant outflow from retail investors [2]

Core Viewpoint - The fishery sector experienced a decline of 2.59% on January 15, with major stocks like Dahu Co. leading the drop, while the overall market showed mixed results with the Shanghai Composite Index down 0.33% and the Shenzhen Component Index up 0.41% [1] Group 1: Market Performance - The fishery sector's decline was led by Dahu Co., which fell by 4.52% to a closing price of 6.97 [1] - Other notable declines included Zhongshui Fishery down 3.69% and Guolian Aquatic down 4.06% [1] - The overall trading volume for the fishery sector was significant, with Dahu Co. recording a transaction amount of 274 million yuan [1] Group 2: Capital Flow - The fishery sector saw a net outflow of 76.88 million yuan from main funds, while retail investors contributed a net inflow of 102 million yuan [1] - Individual stocks like Zhongshui Fishery and Guolian Aquatic experienced substantial net outflows from main funds, amounting to 27.80 million yuan and 37.56 million yuan respectively [2] - Retail investors showed a strong interest in stocks like Dahu Co. and Zhongshui Fishery, with net inflows of 21.40 million yuan and 39.81 million yuan respectively [2]

Core Viewpoint - The fishery sector experienced a decline of 0.28% on January 14, with Zhongshui Fisheries leading the drop, while the Shanghai Composite Index fell by 0.31% and the Shenzhen Component Index rose by 0.56% [1] Group 1: Market Performance - The closing price of Dahu Co. was 7.30, with an increase of 1.53% and a trading volume of 724,500 shares, amounting to a transaction value of 542 million yuan [1] - Haodangjia closed at 2.66, down by 0.37%, with a trading volume of 838,800 shares and a transaction value of 2.247 million yuan [1] - Guolian Aquatic Products closed at 3.94, down by 0.51%, with a trading volume of 1,455,800 shares and a transaction value of 579 million yuan [1] - Kaichuang International closed at 11.72, down by 0.51%, with a trading volume of 104,100 shares and a transaction value of 122 million yuan [1] - Zhangzidao closed at 3.77, down by 0.53%, with a trading volume of 170,000 shares and a transaction value of 64.44 million yuan [1] - Zhongshui Fisheries closed at 11.38, down by 1.13%, with a trading volume of 327,500 shares and a transaction value of 374 million yuan [1] Group 2: Capital Flow - The fishery sector saw a net outflow of 225 million yuan from main funds, while retail investors contributed a net inflow of 154 million yuan [1] - The main fund net inflow for Zhangzidao was -2.8093 million yuan, with a retail net inflow of 4.6675 million yuan [2] - Haodangjia experienced a main fund net outflow of -2.8886 million yuan, with a retail net inflow of 11.2071 million yuan [2] - Kaichuang International had a main fund net outflow of -13.4641 million yuan, with a retail net inflow of 9.3837 million yuan [2] - Dahu Co. faced a main fund net outflow of -20.0915 million yuan, with a retail net outflow of -21.7751 million yuan [2] - Zhongshui Fisheries had a significant main fund net outflow of -60.008 million yuan, while retail investors contributed a net inflow of 59.5947 million yuan [2] - Guolian Aquatic Products saw a main fund net outflow of -12.67 million yuan, with a retail net inflow of 90.916 million yuan [2]