9月12日开盘，首开股份高开高走后，再次涨停。拉长时间线来看，从9月3日以来的8个交易日中，首开 股份已收获七个涨停板，累计涨幅高达108.7%，公司最新市值已升至142.1亿元。 市场普遍认为，首开股份这波股价飙升与宇树科技计划IPO直接相关。 首开股份在异动公告中强调，对宇树科技持股比例很低。并且，盈信公司对该基金的投资仅为财务性投 资。当前，首开股份的公司业务仍以房地产开发为主，与宇树科技的机器人研发业务并无直接协同。 此外，首开股份的基本面也并不乐观。受房地产行业下行因素影响，首开股份已连续三年亏损且亏损金 额不断增大，2022年-2024年，其净亏损分别为4.61亿元、63.39亿元、81.41亿元。 今年上半年，首开股份实现归母净利润为-18.39亿元，同比上涨5.61%；实现营业收入180.39亿元，同比 增长105.19%。截至今年6月底，首开股份货币资金154.2亿元，而一年内到期的非流动负债规模达186.2 亿元。同时，还存在4.72亿元的法律纠纷。 在经营亏损和债务压力下，首开股份开始频频向控股股东首开集团借款。近一年中，首开集团已向其提 供了三次借款，累计金额约有73亿元。9月10日， ...

Group 1 - Suning Universal and New Dazheng hit the daily limit, while Shoukai Co., Ltd. (rights protection) and Huaxia Happiness rose over 5% [1] - Nandu Property, Everbright Jiabao, and Nanshan Holdings also saw significant increases [1]

Group 1 - The core viewpoint of the article highlights the significant stock price increase of Shoukai Co., which has experienced a 108.7% rise over the past eight trading days, with seven trading halts [2] - Shoukai Co. announced that its subsidiary, Beijing Shoukai Yingxin Investment Management Co., holds a 62.74% stake in the fund that indirectly owns shares in Yushu Technology [2] - The fund has a total subscription scale of approximately 460.96 million yuan, with Shoukai Co.'s investment in the fund being purely financial, lacking control or influence over the fund's operations [2] Group 2 - Yushu Technology is actively preparing for its IPO, planning to submit its application in the fourth quarter of 2025, which has contributed to the stock price volatility of Shoukai Co. [3] - Since September 3, Shoukai Co. has seen a notable increase in trading volume, turnover rate, and the number of shareholders, although the company is still facing operational losses with a revenue of 18.04 billion yuan and a net loss of 1.84 billion yuan in the first half of the year [3]

9月11日晚，首开股份发布风险提示公告称，盈信公司为公司持股比例为62.74%的控股子公司，其持有的基金持有宇树科技4.7683%股权，盈信公司间接 持有的宇树科技股权比例约为0.3%，持股比例很低。盈信公司对该基金的投资仅为财务性投资，对基金决策运作无控制力和影响力。 事实上，9月3日起，首开股份股价开启"狂飙"。有媒体报道称，首开股份控股子公司北京首开盈信投资管理有限公司（以下简称"盈信公司"）间接持有杭 州宇树科技股份有限公司（以下简称"宇树科技"）股权。 而就在9月2日，宇树科技在海外社交媒体上宣布预计将在2025年10月至12月期间向证券交易所提交上市申请文件，届时公司的相关运营数据将正式披露。 此前今年7月，宇树科技已启动IPO辅导。 本报讯 （记者向炎涛）9月12日开盘，首开股份（600376）（股票代码：600376）继续走高，9:44即封涨停板，报5.51元/股，在8个交易日内实现7个涨 停，涨幅108.71%。 公告还显示，公司主营业务、生产经营情况以及经营环境与前期披露的信息相比未发生重大变化。自9月3日以来，公司股票交易呈现出交易量明显增长、 换手率大幅提升、股东人数显著增长、个别机构 ...

Core Viewpoint - The A-share real estate sector is experiencing significant activity, particularly with Shoukai Co., which has seen a strong surge in stock prices, achieving a cumulative increase of 108.7% over the past eight trading days [1] Group 1: Company Performance - Shoukai Co. has achieved seven consecutive trading limit-ups, indicating strong market interest and investor confidence [1] - The company announced that its subsidiary, Beijing Shoukai Yingxin Investment Management Co., holds a 62.74% stake in Hangzhou Yushu Technology Co., which may contribute to its stock performance [1] Group 2: Financial Commitments - As of July 2025, Shoukai Co.'s subsidiary has committed to a capital contribution of 300 million yuan, with an actual contribution of 180 million yuan [1] - The fund's total subscribed scale is approximately 460.96 million yuan, with Shoukai Co.'s subsidiary holding a subscription share ratio of about 6.51% [1]

Group 1 - The core viewpoint is that the stock price of Shoukai Co., Ltd. has been significantly influenced by market sentiment, despite the company's low overall shareholding ratio [1][2] - Shoukai Co., Ltd. has experienced a strong stock performance, achieving 7 limit-up days in nearly 8 trading days, with a cumulative increase of 108.7% [1] - The company announced that its subsidiary, Beijing Shoukai Yingxin Investment Management Co., Ltd., holds a 62.74% stake in Hangzhou Yushu Technology Co., Ltd. [1] Group 2 - As of July 2025, the subsidiary has committed to invest 300 million yuan, with 180 million yuan already paid in [1] - The fund associated with the subsidiary has a total subscription scale of approximately 460.96 million yuan, with Shoukai Co., Ltd. holding about 6.51% of the fund [1] - The fund holds a 4.7683% stake in Yushu Technology, leading to an indirect ownership of approximately 0.3% by Shoukai Co., Ltd. [1] Group 3 - Yushu Technology announced plans to actively prepare for an initial public offering (IPO) and aims to submit its application in Q4 2025 [2] - Following the announcement of the IPO preparation, Shoukai Co., Ltd.'s stock price has doubled since September 3 [2] - Despite the stock price surge, Shoukai Co., Ltd. reported a loss in the first half of the year, with revenues of 18.039 billion yuan and a net loss of 1.839 billion yuan [2]

Market Overview - On September 12, A-shares opened mixed with the Shanghai Composite Index at 3884.70, up 0.24%, Shenzhen Component Index at 12995.04, up 0.12%, and ChiNext Index at 3039.17, down 0.48% [2] - The sectors showing gains included cultivated diamonds, shipping, and computing power leasing, while CPO, optical communication, and 6G sectors faced declines [1] Company Highlights - Evergrande Property experienced significant volatility, initially rising over 40% before settling at a 21.74% increase after news of potential share sales by its controlling shareholder [2][3] - The real estate sector saw a rally, with stocks like Rongsheng Development, Huaxia Happiness, and New Dazheng hitting the daily limit [3] - The storage chip sector also showed strength, with companies like Demingli hitting the daily limit and others like Purun and Dongxin following suit [5] - Kioxia announced a collaboration with NVIDIA to develop SSDs with speeds nearly 100 times faster than traditional SSDs, boosting the computing power sector [7] - Qingshan Paper experienced a four-day consecutive limit-up, with other companies in the computing power sector also seeing gains [7] - The non-ferrous metals sector saw early gains, with Northern Copper and Electric Alloy hitting the daily limit, and other companies like Yunnan Copper and Jiangxi Copper also rising [9] - The robotics sector strengthened, with Worldde rising over 15% and Shoukai Co. achieving eight limit-ups in seven days [12] - Shoukai Co. disclosed its indirect stake in Yushu Technology through its subsidiary, with a low holding percentage of approximately 0.3% [14]

同时，公司关注到有媒体报道公司控股子公司北京首开盈信投资管理有限公司(以下简称"盈信公司")间 接持有杭州宇树科技股份有限公司(以下简称"宇树科技")股权，现就此事说明如下。盈信公司为公司持 股比例为62.74%的控股子公司。截至2025年7月，盈信公司对金石成长股权投资(杭州)合伙企业(有限合 伙)认缴出资3亿元，实缴出资1.8亿元。经公司了解，截至8月25日，基金的认缴规模为46.10亿元。据此 计算，盈信公司持有基金的认缴份额比例约为6.51%(上述比例随着基金实际运营的认缴规模变化而变 化)。 天眼查显示，基金持有宇树科技4.7683%股权。按此计算，盈信公司间接持有的宇树科技股权比例约为 0.3%，持股比例很低。盈信公司对基金的投资仅为财务性投资，对基金决策运作无控制力和影响力。 公司11日晚间提示，自9月3日以来，公司股票交易呈现出交易量明显增长、换手率大幅提升、股东人数 显著增长、个别机构股东出现减持清仓等情况，请广大投资者注意二级市场交易风险，理性决策，审慎 投资。 首开股份（600376）12日盘中强势拉升，截至发稿，该股再度涨停，涨停板上封单超40万手。昨日该股 盘中涨停，但尾盘开板。至此 ...

【导读】首开股份：控股子公司间接持有的宇树科技股权比例约为0.3% 中国基金报记者 吴君 连续多年亏损的地产公司首开股份，最近却被资金炒爆了，近7个交易日上涨89.77%。9月11日该股在封涨停后多次被打开，尾盘跳水， 最终报收于5.01元/股，涨幅为7.05%，总市值为129亿元。 9月11晚间，公司发布公告，首次披露其控股子公司间接持有的宇树科技股权比例约为0.3%。 业内人士认为，近期人形机器人方向概念炒作力度大，投资者需要警惕风险，小心追高被套。 七个交易日涨幅近90% 首开股份再发交易风险提示 9月11日晚间，首开股份再发股票交易风险提示公告。公司称，关注到有媒体报道公司控股子公司北京首开盈信投资管理有限公司（以下简 称盈信公司）间接持有宇树科技股权，现就此事说明如下： 由于此前有消息称首开股份旗下子公司间接持 股宇树科技，首开股份被贴上了"宇树概念股"标签。9月3日该股封涨停板，9月4日继续涨 停，龙虎榜数据显示，多个游资集中的营业部成为主要推手；9月5日首开股份继续涨停，但资金面出现明显转向，多空分歧加大。 本周狂欢还在继续，9月8日、9月9日和9月10日首开股份继续拉出三个涨停板。9月10日数 ...

Core Viewpoint - The stock price of Shoukai Co., Ltd. (600376) has surged nearly 90% over the past seven trading days, coinciding with the announcement of Yushu Technology's IPO plans [1][3]. Group 1: Stock Performance - Shoukai Co., Ltd. experienced a stock price increase of approximately 90% from September 3 to September 11, with a total market capitalization rising from 6.8 billion to 12.9 billion yuan, an increase of over 6.1 billion yuan [1][4]. - The stock reached a peak price of 5.15 yuan during this period, with a trading volume of 4.44 million shares and a total trading value of 2.25 billion yuan on September 11 [2][4]. Group 2: Company Holdings and Investments - Shoukai Co., Ltd. disclosed that its subsidiary, Beijing Shoukai Yingxin Investment Management Co., Ltd., holds approximately 0.3% of Yushu Technology's shares, indicating a low stake [3][4]. - The investment in Yushu Technology is characterized as a financial investment without control or influence over the fund's decision-making [3]. Group 3: Financial Performance - For the first half of 2025, Shoukai Co., Ltd. reported an operating revenue of 18.039 billion yuan and a net loss attributable to shareholders of 1.839 billion yuan, with low gross margins and high tax and expense burdens [4]. - The company has noted significant increases in trading volume, turnover rate, and shareholder numbers since September 3, alongside some institutional shareholders reducing their stakes [4]. Group 4: Market Trends - The market performance of "Yushu concept stocks" has shown significant divergence, with the Yushu Robotics Index declining approximately 3% over the first two days after September 3, followed by a rise of over 8% in the subsequent five trading days [5]. - Shoukai Co., Ltd. was the best-performing stock during this period, with other related stocks like Zhejiang Rongtai and Wolong Electric Drive also showing notable gains [5].