Core Points - As of August 1, a total of 841 stocks in the Shanghai and Shenzhen markets have experienced net outflows of main funds for five consecutive days or more [1] - The stock with the longest continuous net outflow is Hengtong Optic-Electric, with 25 days of outflows, followed by Shanzi Gaoke with 23 days [1] - The largest total net outflow amount is from Dongfang Caifu, with a cumulative outflow of 4.787 billion yuan over six days [1] Summary by Category Continuous Net Outflow Stocks - Hengtong Optic-Electric (300059) has seen net outflows for 25 days, with a total outflow of 376 million yuan and a cumulative decline of 2.95% [4] - Shanzi Gaoke (000981) has experienced 23 days of net outflows, totaling 229.2 million yuan, with a cumulative decline of 15.42% [1] - Dongfang Caifu (601868) has had 8 days of net outflows amounting to 3.613 billion yuan, with a cumulative decline of 8.54% [1] Significant Net Outflow Amounts - Dongfang Caifu leads with a net outflow of 4.787 billion yuan over six days [1] - China Energy Engineering (601868) follows with a net outflow of 3.613 billion yuan over eight days [1] - BYD (002594) has seen a net outflow of 3.146 billion yuan over six days [1] Proportion of Net Outflow to Trading Volume - Shida Group (002594) has the highest proportion of net outflow to trading volume at 14.88% over five days, with a decline of 7.24% [1] - Other notable mentions include Hainan Huatie (603300) with a net outflow proportion of 10.94% and a decline of 13.99% [1] - China Rare Earth (000831) has a net outflow proportion of 9.76% with a decline of 9.98% [1]

格隆汇7月31日丨亨通股份(600226.SH)在互动平台表示，公司主营业务为电解铜箔、生物兽药、饲料添 加剂的生产与销售及热电联供等相关业务。公司全资子公司亨通精密铜箔科技（德阳）有限公司生产的 铜箔产品已应用于电池等领域。 ...

Investment Rating - The report indicates a strong growth potential for the humanoid robot harness industry, with a projected market size increase from 340 million RMB in 2025 to 8.16 billion RMB by 2029, reflecting a compound annual growth rate (CAGR) of 121.34% [42][45]. Core Insights - The humanoid robot harness industry is characterized by high performance requirements, surpassing those of industrial robot harnesses but slightly below automotive-grade harnesses. The industry is expected to evolve towards smart, high-performance, lightweight integration, and biomimetic designs [4][37]. - The market growth is driven by global robotics policies, technological advancements in China, and the expansion of application scenarios for humanoid robots [4][45]. Industry Definition - Humanoid robot harnesses consist of a collection of wires and cables connecting various robot components, essential for power transmission, signal control, and data communication, likened to the "blood vessels" and "nervous system" of robots [5][4]. Product Classification - Humanoid robot harnesses are categorized into flexible and rigid cables, as well as power and signal harnesses. Specialized harnesses include liquid cooling harnesses and unique signal harnesses to meet specific operational needs [6][9][12]. Industry Characteristics - The industry features high barriers to entry in terms of capital, technology, and customer relationships, with a trend towards intelligent, high-performance, lightweight, and biomimetic developments [15][16][19]. Development History - The humanoid robot harness has evolved through several stages, from basic external wiring in the early years to the current stage of intelligent reconfigurable and biomimetic designs [21][24]. Industry Chain Analysis - The upstream of the humanoid robot harness industry includes raw materials such as wires, insulation materials, and connectors, while the midstream consists of harness manufacturers, predominantly overseas suppliers for major humanoid robot companies [25][30]. Market Size and Growth - The humanoid robot harness market is expected to grow significantly, driven by supportive government policies, technological breakthroughs, and increasing market demand due to aging populations and rising labor costs [42][45][46]. Competitive Landscape - The competitive landscape is dominated by international giants like Amphenol and Sumitomo Electric, with emerging Chinese companies like Luxshare Precision and Wuxi Xinhongye gaining traction [50][52]. Company Overview - Luxshare Precision Industrial Co., Ltd. reported a revenue of 16 billion RMB with a year-on-year growth of 7.3% and a gross margin of 11.8% [55].

Core Viewpoint - The PET copper foil sector has shown a significant increase of 4.03% as of July 28, ranking third among concept sectors, with 42 stocks rising, including notable gains from Fangbang Co. and Tongguan Copper Foil, which hit the 20% limit up [1] Group 1: Market Performance - The PET copper foil concept saw a net inflow of 421 million yuan from main funds, with 26 stocks experiencing net inflows, and 6 stocks exceeding 50 million yuan in net inflow [1] - The top net inflow stock was Tongguan Copper Foil, with a net inflow of 123 million yuan, followed by Shengli Precision and Guanghua Technology with net inflows of 117 million yuan and 86.4 million yuan respectively [1] - The overall performance of the PET copper foil sector was strong, with several stocks achieving significant daily gains, including DeFu Technology and Zhongyi Technology, which rose by 12.14% and 9.80% respectively [1] Group 2: Fund Flow Ratios - The leading stocks in terms of fund inflow ratios included Shengli Precision, Dazhongnan, and Fangbang Co., with net inflow rates of 15.32%, 10.43%, and 9.76% respectively [2] - The detailed fund inflow data showed that Tongguan Copper Foil had a daily turnover rate of 10.83% and a net inflow of 123.41 million yuan, indicating strong investor interest [2] - Other notable stocks with significant fund inflow ratios included Guanghua Technology and Longyang Electronics, with net inflow rates of 8.58% and 8.72% respectively [2][3]

Summary of Key Points Core Viewpoint - Zhejiang Hengtong Holdings Co., Ltd. has approved the implementation of futures hedging business to mitigate risks associated with commodity price fluctuations, specifically focusing on copper and other raw materials [2][4]. Trading Information - On July 11, 2025, Hengtong shares closed at 3.0 yuan, up 5.26%, with a turnover rate of 4.42%, trading volume of 1.3138 million shares, and a total transaction value of 388 million yuan [1]. - The capital flow on the same day indicated a net outflow of 48.6161 million yuan from main funds, accounting for 12.52% of the total transaction value, while retail investors saw a net inflow of 25.7266 million yuan, representing 6.62% of the total [1][4]. Company Announcements - The 21st meeting of the 9th Board of Directors of Hengtong was held on July 11, 2025, where three proposals were unanimously approved: 1) Initiating futures hedging business; 2) Approving the feasibility report for the hedging business; 3) Revising the management system for futures hedging business [1][4]. - The company plans to engage in futures and options hedging for commodities like copper, with a maximum margin and premium not exceeding 75 million yuan and a maximum contract value of 375 million yuan on any trading day [2]. - The hedging business aims to enhance the company's risk resilience and financial stability, with strict internal controls and risk management measures in place [2].

Core Viewpoint - Zhejiang Hengtong Holdings Co., Ltd. has conducted its 21st meeting of the 9th Board of Directors, where it approved several key proposals related to futures hedging business [1][2]. Group 1: Meeting Details - The meeting was held on July 11, 2025, with all 9 directors present, and was chaired by Chairman Cui Wei [1]. - The meeting complied with the requirements of the Company Law and the Articles of Association [1]. Group 2: Approved Proposals - The board approved a proposal to conduct futures hedging business, with a unanimous vote of 9 in favor [1]. - A feasibility report for the futures hedging business was also approved, again with a unanimous vote of 9 in favor [1]. - The board approved a revision of the "Futures Hedging Business Management System," with a unanimous vote of 9 in favor [2].

浙江亨通控股股份有限公司 期货套期保值业务管理制度 第一章 总则 第一条 为充分发挥期货套期保值功能，规范浙江亨通控股股份有限公司（以 下简称"公司"）期货套期保值业务，加强公司期货套期保值业务的内部控制和 风险防范，根据《中华人民共和国公司法》《上海证券交易所股票上市规则》《上 海证券交易所上市公司自律监管指引第 1 号——规范运作》《上海证券交易所上 市公司自律监管指引第 5 号——交易与关联交易》等相关法律法规、规范性文件 和《公司章程》的有关规定，结合公司实际情况，特制定本管理制度。 第二条 本制度适用于公司、全资子公司、控股子公司。控股子公司包括公 司直接和间接持股比例 50%以上的绝对控股子公司和拥有实际控制权的相对控 股子公司。 子公司进行期货套期保值业务，视同公司进行期货套期保值业务，适用本制 度。子公司的期货套期保值业务由公司进行统一管理。 第三条 本制度中"套期保值业务"是指：以锁定公司生产经营相关的产品 或大宗原材料采购成本和销售利润为目的，结合公司采购、生产、销售情况，在 期货交易所开展期货交易，规避市场价格波动带来的经营管理风险，确保公司生 产经营稳健发展。 （二）公司从事期货套期保 ...

重要内容提示： 交易目的、交易品种、交易工具、交易场所和交易金额：为规避生产经营相关 的大宗原材料价格波动风险，浙江亨通控股股份有限公司（以下简称"公司"）及控 股子公司拟通过境内经监管机构批准、具有相应业务资质，并满足公司套期保值业务 条件的场内交易场所开展铜等大宗商品的期货、期权套期保值业务，拟开展套期保值 业务投入保证金和权利金任意时点不超过人民币 7,500 万元，任一交易日持有的最高 合约价值不超过人民币 37,500 万元。期限为自公司董事会审议通过之日起 12 个月内， 在前述额度和期限范围内可循环滚动使用。资金来源为公司及控股子公司自有资金。 浙江亨通控股股份有限公司 关于开展期货套期保值业务的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 证券代码：600226 证券简称：亨通股份 公告编号：2025-037 已履行的审议程序：该事项已经公司第九届董事会第二十一次会议审议通过， 无需提交公司股东大会审议。 特别风险提示：公司及控股子公司开展套期保值业务，不以套利、投机为目的， 但进行套期保值业务仍可能存 ...

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 证券代码：600226 证券简称：亨通股份 公告编号：2025-036 浙江亨通控股股份有限公司 第九届董事会第二十一次会议决议公告 三、关于修订《期货套期保值业务管理制度》的议案 表决结果：同意 9 票，反对 0 票，弃权 0 票。 内容详见公司同日披露于上海证券交易所网站（www.sse.com.cn）的《浙江亨通 控股股份有限公司期货套期保值业务管理制度》。 特此公告。 浙江亨通控股股份有限公司（以下简称"公司"）第九届董事会第二十一次会议 通知于 2025 年 7 月 4 日以电子邮件和书面方式发出。公司于 2025 年 7 月 11 日以通 讯方式召开，会议应出席董事 9 人，实际出席董事 9 人,公司监事及高级管理人员列 席会议。本次会议由董事长崔巍先生主持。会议的召开符合《公司法》和《公司章程》 及有关法律、法规的要求。会议审议并以书面表决方式通过了如下议案： 一、关于开展期货套期保值业务的议案 表决结果：同意 9 票，反对 0 票，弃权 0 票。 内容详见公司同日 ...

浙江亨通控股股份有限公司 诉讼进展公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 重要内容提示： 涉案金额：案件一：宁波梅山保税港区浆果晨曦新媒体投资中心(有限合伙)(以 下简称"浆果晨曦")应向公司返还第二期交易意向金 5,000 万元、支付资金使用费 67,460,021.92 元、支付违约金 167,796,300.00 元，合计 285,256,321.92 元（资金使 用费、违约金暂计至 2021 年 12 月 31 日），喻策对浆果晨曦的上述付款义务承担连带 清偿责任，承担连带责任后有权向浆果晨曦追偿。公司有权在 285,256,321.92 元范围 内，就浆果晨曦质押给公司的其持有的深圳量子云科技有限公司（以下简称"量子云"） 名下 75.5%股权（质权登记编号：202006083227）折价或者拍卖、变卖所得价款优先受 偿。 证券代码：600226 证券简称：亨通股份 公告编号：2025-035 案件二：浆果晨曦向公司返还剩余交易意向金22,930万元及资金使用费（以27,930 万元为基数，自 2022 ...