Core Viewpoint - A significant number of ST stocks, including *ST Panda, *ST Starlight, *ST Sunshine, ST Dehao, ST Zhongdi, and *ST Hengjiu, have reached their daily limit up [1] Group 1 - More than ten ST stocks have experienced a limit-up increase [1]

Group 1 - The ST sector experienced a significant upward movement on November 11, with multiple stocks hitting the daily limit, including *ST Panda, *ST Starlight, *ST Sunshine, ST Dehao, ST Zhongdi, and *ST Hengjiu [1]

Group 1 - The stock of *ST Panda has experienced significant volatility, achieving three trading limits within five days, with a cumulative increase of 16.32% and a turnover rate of 20.67% [2] - As of 9:54 AM, the stock recorded a trading volume of 3.4744 million shares and a transaction amount of 35.5994 million yuan, with a turnover rate of 2.09% [2] - The total market capitalization of the stock reached 1.740 billion yuan [2] Group 2 - The company reported a revenue of 155 million yuan for the first three quarters, representing a year-on-year decline of 25.86% [2] - The net profit for the same period was 13.5601 million yuan, down 53.25% year-on-year, with basic earnings per share at 0.0820 yuan and a weighted average return on equity of 12.42% [2] - The company, Panda Financial Holdings Co., Ltd., was established on December 12, 1999, with a registered capital of 166 million yuan [2] Group 3 - The stock has been listed on the Dragon and Tiger list due to a cumulative closing price deviation of 12% over three consecutive trading days [2] - The net buying from leading brokerage firms amounted to 850,200 yuan [2] - The stock's daily performance shows fluctuations, with notable increases on several days, including a 4.99% rise on October 31 and a 4.97% rise on November 3 [2]

万载县银河湾投资有限公司 关于对熊猫金控股份有限公司 股票异常波动情况问询函的答复 到目前为止,除已披露的信息外,我公司不存在应披露而未披露 的可能影响你公司股价异常波动的重大信息,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、股份回购、股权激励、破产重整、重大业务合作、引进战略投资 者等重大事项。 特此说明。 万载县银河湾投资有限公司 2025年11月3/日 熊猫金控股份有限公司: 贵公司发来的《股票交易异常波动问询函》已收到,现针对问询 函涉及的情况,回复如下: ...

证券简称：*ST 熊猫 证券代码：600599 编号：临 2025-058 熊猫金控股份有限公司 关于子公司广州市熊猫互联网小额贷款有限公司 关联交易有关情况的公告 为进一步压实公司旗下小贷公司责任主体，强化小贷业务内控管理水平，保 障公司平稳有序退出小贷业务，公司于 2023 年 6 月 12 日召开第七届董事会第十 八次会议，审议通过了《关于全资子公司增资扩股暨关联交易的议案》，公司小 贷业务管理层通过广州一德管理咨询合伙企业（有限合伙）（以下简称"一德合 伙"）以广州市熊猫互联网小额贷款有限公司（以下简称"广州小贷"）截止 2022 年 12 月 31 日经审计净资产额和注册资本孰高的原则对广州小贷进行增资扩股 2,000 万元，本次增资完成后，广州小贷注册资本将由 20,000 万元变更为 22,000 万元，公司持股比例由 100%变更为 90.9%，一德合伙持股比例新增至 9.1%。本 次增资完成后，广州小贷仍为公司合并报表范围内子公司。具体内容详见公司于 2023 年 6 月 13 日在上海证券交易所网站（www.sse.com.cn）披露的《ST 熊猫关 于全资子公司增资扩股暨关联交易的公告》 ...

熊猫金控股份有限公司 股票交易异常波动公告 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个别及连带责任。 重要内容提示： 熊猫金控股份有限公司（以下简称"公司"、"本公司"）股票 2025 年 10 月 30 日、10 月 31 日和 11 月 3 日连续三个交易日内日收盘价格涨幅偏离值累计超过 12%， 属于《上海证券交易所交易规则》规定的股票交易异常波动情形。 经公司自查并向控股股东核实，截至本公告披露日，除公司已披露的信息外， 公司、控股股东不存在应披露而未披露的重大信息，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、股份回购、股权激励、 破产重整、重大业务合作、引进战略投资者等重大事项。 证券简称：*ST 熊猫 证券代码：600599 编号：临 2025-057 重大风险提示： 1、公司于 2025 年 10 月 30 日披露了 2025 年第三季度报告，公司 2025 年 1-9 月份 实现营业收入15,542.06 万元，同比下降25.86%；归属于上市公司股东净利润为 1,356.0 ...

Core Insights - The diversified financial sector experienced a slight increase of 0.39% on November 3, with *ST Xiongmao leading the gains [1] - The Shanghai Composite Index closed at 3976.52, up 0.55%, while the Shenzhen Component Index closed at 13404.06, up 0.19% [1] Stock Performance Summary - *ST Nengmao saw a closing price of 9.93, with a rise of 4.97% and a trading volume of 64,400 shares, totaling a transaction value of 62.95 million yuan [1] - Haide Co. closed at 7.86, up 4.80%, with a trading volume of 946,100 shares and a transaction value of 730 million yuan [1] - Jiuding Investment closed at 19.64, increasing by 4.36%, with a trading volume of 182,400 shares and a transaction value of 356 million yuan [1] - Sichuan Shuangma closed at 21.18, up 4.13%, with a trading volume of 167,000 shares and a transaction value of 350 million yuan [1] - Zhejiang Dongfang closed at 7.36, increasing by 2.79%, with a trading volume of 3,129,800 shares and a transaction value of 2.277 billion yuan [1] Capital Flow Analysis - The diversified financial sector saw a net outflow of 13.69 million yuan from institutional investors and 17.34 million yuan from retail investors, while retail investors had a net inflow of 31.03 million yuan [2] - Haide Co. had a net inflow of 81.16 million yuan from institutional investors, while experiencing a net outflow of 82.36 million yuan from retail investors [3] - Sichuan Shuangma recorded a net inflow of 44.44 million yuan from institutional investors, with net outflows from both retail and speculative investors [3]

Core Insights - The diversified financial sector experienced a slight increase of 0.21% on October 31, with *ST Xiongmao leading the gains [1] - The Shanghai Composite Index closed at 3954.79, down 0.81%, while the Shenzhen Component Index closed at 13378.21, down 1.14% [1] Stock Performance Summary - The top gainers in the diversified financial sector included: - *ST Nengmao: Closed at 9.46, up 4.99% with a trading volume of 73,500 shares and a turnover of 68.298 million yuan [1] - Hainan Huatie: Closed at 7.83, up 3.57% with a trading volume of 2.1866 million shares and a turnover of 1.712 billion yuan [1] - Jiangsu Jinzu: Closed at 6.10, up 2.52% with a trading volume of 503,000 shares and a turnover of 303 million yuan [1] - The top decliners included: - Bohai Leasing: Closed at 3.57, down 2.72% with a trading volume of 971,400 shares and a turnover of 349 million yuan [2] - Yuexiu Capital: Closed at 8.09, down 1.46% with a trading volume of 544,800 shares and a turnover of 442 million yuan [2] - State Grid Yingda: Closed at 6.45, down 0.77% with a trading volume of 1.3344 million shares and a turnover of 872 million yuan [2] Capital Flow Analysis - The diversified financial sector saw a net outflow of 296 million yuan from institutional investors, while retail investors experienced a net inflow of 355 million yuan [2] - Notable capital flows for specific stocks included: - Hainan Huatie: Institutional net inflow of 89.2452 million yuan, retail net outflow of 80.1449 million yuan [3] - Haide Co.: Institutional net inflow of 39.5294 million yuan, retail net outflow of 50.1897 million yuan [3] - Sichuan Shuangma: Institutional net inflow of 18.0664 million yuan, retail net outflow of 3.8132 million yuan [3]

Core Viewpoint - *ST Panda (600599.SH) reported its Q3 2025 results, highlighting significant institutional ownership in the company, which may indicate investor confidence in its future performance [1] Group 1: Institutional Ownership - As of October 29, 2025, two institutional investors disclosed their holdings in *ST Panda A-shares, totaling 70.38 million shares [1] - The total shares held by institutional investors account for 42.40% of *ST Panda's total share capital [1] - The institutional investors include Wanzai County Yinhe Bay Investment Co., Ltd. and Yinhe Bay International Investment Co., Ltd., with the combined holding percentage remaining unchanged [1]

Group 1 - The company *ST Panda (SH 600599) announced its 11th meeting of the 8th board of directors on October 29, 2025, where it reviewed the Q3 2025 report [1] - For the year 2024, the company's revenue composition is heavily reliant on fireworks products, accounting for 99.99%, while the small loan segment contributes only 0.01% [1] - As of the report, *ST Panda has a market capitalization of 1.5 billion yuan [1]