Market Overview - The Shanghai Composite Index closed at 3819.32 points, with a gain of 0.32%, and the total trading volume of A-shares reached 1,641.14 billion yuan [1] - As of the current date, 29 A-shares have surpassed their annual moving average, indicating positive market sentiment [1] Notable Stocks - The stocks with the highest deviation rates from their annual moving average include: - Luopuskin (002333) with a deviation rate of 8.13% and a daily increase of 9.94% [1] - ST Huaxi (002630) with a deviation rate of 4.11% and a daily increase of 4.88% [1] - Wutong Holdings (300292) with a deviation rate of 3.67% and a daily increase of 5.35% [1] - Other stocks that have just crossed their annual moving average with lower deviation rates include: - Jiecheng Co. (300182) with a deviation rate of 0.04% and a daily increase of 1.60% [2] - Ganyue Expressway (600269) with a deviation rate of 0.05% and a daily increase of 0.40% [2] - Guangsha Huaneng (873703) with a deviation rate of 0.06% and a daily increase of 0.96% [2] Trading Activity - The trading turnover rate for notable stocks shows significant activity, with Luopuskin (002333) having a turnover rate of 3.79% and ST Huaxi (002630) at 6.77% [1] - The overall trading environment reflects a mix of high and low turnover rates among stocks that have recently crossed their annual moving averages [1][2]

Core Insights - The article highlights a trend of decreasing shareholder accounts among 631 companies, indicating a concentration of shares among fewer investors [1][2] - Notable companies with significant declines in shareholder accounts include ZTE Corporation and Tianhe Co., with reductions of 21.09% and 24.50% respectively [1][2] - The article also discusses the stock performance of companies with declining shareholder accounts, noting that 47 stocks have risen while 54 have fallen, with Hai Chen Pharmaceutical showing the highest increase at 73.17% [2][3] Company Analysis - ZTE Corporation has the highest number of shareholder accounts at 428,391, having decreased for 13 consecutive periods, with a total decline of 21.09% [1][3] - Tianhe Co. has 23,874 shareholder accounts, down 24.50% over 12 periods [1][5] - Other companies with notable declines include Yalian Machinery, Igor, and Naipu Mining, with decreases of 25.51%, 21.80%, and 16.69% respectively [1][2] Stock Performance - Among the companies with declining shareholder accounts, Hai Chen Pharmaceutical, Zhengye Technology, and *ST Jinglun have shown significant stock price increases of 73.17%, 31.06%, and 30.71% respectively [2][3] - 22 out of the companies with decreasing shareholder accounts outperformed the Shanghai Composite Index, with Hai Chen Pharmaceutical achieving a relative return of 60.54% [2][3] Industry Insights - The industries with the highest concentration of companies experiencing declining shareholder accounts include basic chemicals, machinery equipment, and pharmaceutical biology, with 12, 10, and 9 companies respectively [2][3] - The majority of the companies with declining shareholder accounts are listed on the main board, with 60 companies compared to 41 on the Growth Enterprise Market [2][3] Institutional Activity - Eight companies with declining shareholder accounts have been subject to institutional research in the past month, with notable frequency in companies like Zhongqi Co., Naipu Mining, and Kairun Co. [2][3] - The companies with the highest number of institutional participants in research include Kairun Co. (50 institutions), Xinbao Co. (38 institutions), and Yaben Chemical (35 institutions) [2][3]

Core Viewpoint - The continuous decline in the number of shareholders for certain companies indicates a trend of increasing concentration of shares, with 82 companies experiencing a decrease for more than three consecutive periods, and some like ZTE Corporation seeing a drop for 13 consecutive periods [1]. Group 1: Shareholder Trends - A total of 460 companies reported their latest shareholder numbers as of August 31, with ZTE Corporation having 428,391 shareholders, a cumulative decrease of 21.09% over 13 periods [1]. - Tianhe Co., Ltd. has seen a continuous decline for 12 periods, with the latest number of shareholders at 23,874, reflecting a cumulative decrease of 24.50% [1]. - Other companies with significant declines include Huaping Co., ST Huawen, and *ST Jinglun, indicating a broader trend of shareholder concentration [1]. Group 2: Market Performance - Among the companies with declining shareholder numbers, 33 saw their stock prices rise, while 49 experienced declines, with notable increases for Haichen Pharmaceutical (58.39%), ZTE Corporation (35.58%), and *ST Jinglun (31.09%) [2]. - 13 companies outperformed the Shanghai Composite Index during this period, with Haichen Pharmaceutical, ZTE Corporation, and *ST Jinglun showing relative returns of 45.72%, 19.19%, and 18.27% respectively [2]. Group 3: Industry Distribution - The industries with the highest concentration of companies experiencing declining shareholder numbers include machinery, pharmaceuticals, and basic chemicals, with 9, 7, and 7 companies respectively [2]. - The main board has 43 companies with declining shareholder numbers, while the ChiNext board has 39 [2]. Group 4: Institutional Interest - In the past month, 7 companies with declining shareholder numbers were subject to institutional research, with Zhongqi Co., Opcon Vision, and Naipu Mining receiving 3, 2, and 2 research visits respectively [2]. - The companies with the highest number of institutional participants in research include Kairun Co. (50), Xinbao Co. (38), and Naipu Mining (32) [2].

Core Viewpoint - The A-share market shows a mixed performance with the Shanghai Composite Index at 3814.20 points, down by 1.14%, while the total trading volume reached 1.8782 trillion yuan, indicating a fluctuating market environment [1] Group 1: Market Performance - The Shanghai Composite Index is currently above the annual line, reflecting a slight decline of 1.14% [1] - The total trading volume of A-shares today is reported at 1.8782 trillion yuan [1] Group 2: Stocks Breaking Annual Line - A total of 12 A-shares have surpassed the annual line today, with notable stocks including: - Shangneng Electric (300827) with a deviation rate of 8.99% and a daily increase of 11.84% [1] - Renfu Pharmaceutical (600079) showing a deviation rate of 8.06% and a daily increase of 9.99% [1] - Saiteng Co., Ltd. (603283) with a deviation rate of 5.06% and a daily increase of 7.32% [1] - Other stocks with smaller deviation rates that have just crossed the annual line include: - ST Jinglun (600355) with a deviation rate of 0.53% and a daily increase of 1.14% [1] - Shichuang Energy (688429) with a deviation rate of 0.76% and a daily increase of 2.14% [1]

Group 1 - The stock of *ST Jinglun increased by 5.13%, closing at 3.69 yuan on August 22 [1] - A block trade occurred with a total volume of 300,000 shares and a transaction amount of 1.044 million yuan, with a transaction price of 3.48 yuan and a premium rate of -5.69% [1] - The buyer was from Zhongtai Securities and the seller was from Huaxi Securities [1] Group 2 - In the last three months, *ST Jinglun has had a total of 2 block trades with a cumulative transaction amount of 1.893 million yuan [1] - Over the past five trading days, the stock has risen by 6.96%, while the net outflow of main funds totaled 5.8877 million yuan [1]

Group 1 - The core transaction involved *ST Jinglun, with a total of 300,000 shares traded on August 22, resulting in a transaction amount of 1.044 million yuan, which accounted for 0.85% of the total trading volume for that day [1][2] - The transaction price was 3.48 yuan per share, representing a discount of 5.69% compared to the market closing price of 3.69 yuan [1][2]

Market Overview - The Shanghai Composite Index closed at 3771.10 points, above the annual line, with a change of 0.13% [1] - The total trading volume of A-shares reached 24603.35 billion yuan [1] Stocks Breaking Annual Line - A total of 28 A-shares have surpassed the annual line today, with notable stocks including: - Meihua Medical (301363) with a deviation rate of 14.81% and a daily increase of 18.00% [1] - Meirui New Materials (300848) with a deviation rate of 4.67% and a daily increase of 5.49% [1] - Kangle Health (833575) with a deviation rate of 4.29% and a daily increase of 4.40% [1] Stocks with Smaller Deviation Rates - Stocks that have just crossed the annual line with smaller deviation rates include: - Guotou Power (600886) with a deviation rate of 0.01% and a daily increase of 1.30% [2] - Shanghai Pharmaceuticals (601607) with a deviation rate of 0.08% and a daily increase of 0.95% [2] - *ST Jinglun (600355) with a deviation rate of 0.20% and a daily increase of 0.86% [2]

Core Viewpoint - The continuous decline in the number of shareholders for certain companies indicates a trend of increasing concentration of shares, with 142 companies reporting a decrease in shareholder numbers as of August 20, leading to potential investment opportunities and risks in the market [1][2]. Group 1: Shareholder Trends - 25 companies have seen their shareholder numbers decline for more than three consecutive periods, with the most significant drop being 29.37% for *ST Jinglun, which has decreased for nine consecutive periods [1]. - Other notable companies with declining shareholder numbers include Chuangyitong, which has seen a 47.69% drop over five periods, and Zhongqi Co., Huizhong Co., and Aotexun, which have also experienced significant declines [1][2]. Group 2: Market Performance - Among the companies with declining shareholder numbers, 17 have seen their stock prices rise, while 8 have experienced declines, with *ST Jinglun, Chuangyitong, and Tunan Co. showing the highest increases of 31.46%, 25.37%, and 25.07% respectively [2]. - 11 companies outperformed the Shanghai Composite Index during this period, with *ST Jinglun, Tunan Co., and Chuangyitong achieving excess returns of 19.91%, 18.38%, and 15.89% respectively [2]. Group 3: Industry and Performance Insights - The industries with the highest concentration of companies experiencing declining shareholder numbers include basic chemicals, machinery equipment, and electronics, with four companies each from the first two sectors and two from electronics [2]. - Three companies have reported their semi-annual results, with Dalian Thermal Power showing the highest year-on-year net profit growth of 1.62%. Additionally, four companies have released preliminary reports, with Yalian Machinery and Donghua Technology reporting net profit increases of 20.57% and 14.64% respectively [2][3].

Core Viewpoint - The company, Jinglun Electronics Co., Ltd., is set to hold a semi-annual performance briefing on August 29, 2025, to provide insights into its operational performance and address investor inquiries [2][3]. Group 1: Meeting Details - The meeting is scheduled for August 29, 2025, from 14:00 to 15:00 [4]. - It will take place at the Shanghai Securities News and China Securities Network Roadshow Center, accessible via the provided link [4]. - The format of the meeting will be an online interactive text session [4]. Group 2: Participation Information - Investors can submit questions via email to the company's investor relations email (IR@routon.com) by noon on August 25, 2025 [4]. - Investors can participate in the meeting by logging into the Shanghai Securities News and China Securities Network Roadshow Center on the day of the event [4][5]. Group 3: Attendees - Key attendees will include the company's Chairman and General Manager, Mr. Zhang Xueyang, the Deputy General Manager and Financial Officer, Mr. Li Xuejun, Independent Director, Ms. Gao Yan, and the Secretary of the Board, Mr. Zhang Wanhong [4].

证券代码：600355 证券简称：*ST 精伦 公告编号：临 2025-030 （https://roadshow.cnstock.com/） ●会议召开方式：网络文字互动 ●投资者可于 2025 年 8 月 25 日中午 12:00 前将相关问题通过电子邮件的形 式发送至公司投资者关系邮箱：IR@routon.com，邮件标题请注明"600355 业绩 说明会"，公司将在说明会上就投资者普遍关注的问题进行交流。 一、说明会类型 精伦电子股份有限公司（以下简称"公司"）于 2025 年 8 月 12 日在上海证 券交易所网站披露了公司 2025 年半年度报告及其摘要。 精伦电子股份有限公司 关于召开 2025 年半年度业绩说明会的公告 为便于广大投资者更加全面深入地了解生产经营情况，公司拟通过网络互动 的方式召开 2025 年半年度业绩说明会，就投资者普遍关注的问题进行解答和交 流。 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： ●会议召开时间：2025 年 8 月 29 日（星期五）下午 14:00-15: ...