Market Overview - The two markets experienced a significant net outflow of 28.615 billion yuan, with 1,791 stocks seeing net inflows and 2,975 stocks experiencing net outflows [1] - The Shanghai Composite Index closed down by 0.22% [1] Industry Performance - Eight industries saw net inflows from large orders, with the defense and military industry leading with a net inflow of 2.507 billion yuan and an index increase of 1.07% [1] - The basic chemical industry followed with a net inflow of 1.202 billion yuan and a slight increase of 0.10% [1] - A total of 23 industries experienced net outflows, with the electronics sector facing the largest outflow of 10.562 billion yuan, followed by non-ferrous metals with 6.922 billion yuan [1] Individual Stock Performance - A total of 35 stocks had net inflows exceeding 200 million yuan, with C禾元-U leading at 1.326 billion yuan and a price increase of 213.49% [2] - Other notable stocks with significant inflows include 多氟多 (1.266 billion yuan, 10.01% increase) and 三花智控 (1.152 billion yuan, 8.21% increase) [2] - Stocks with the largest net outflows included 寒武纪-U with 2.218 billion yuan and a price decrease of 3.40%, followed by 北方稀土 with 1.836 billion yuan [4] Summary of Net Inflows - The top stocks by net inflow are as follows: - C禾元-U: 1.326 billion yuan, 213.49% increase [2] - 多氟多: 1.266 billion yuan, 10.01% increase [2] - 三花智控: 1.152 billion yuan, 8.21% increase [2] Summary of Net Outflows - The top stocks by net outflow are as follows: - 寒武纪-U: -2.218 billion yuan, -3.40% decrease [4] - 北方稀土: -1.836 billion yuan, -4.20% decrease [4] - 中际旭创: -1.160 billion yuan, 0.80% increase [4]

Core Points - The Shanghai Composite Index fell by 0.22% on October 28, with 10 industries rising, led by the comprehensive and defense industries, which increased by 2.06% and 1.07% respectively. The industries with the largest declines were non-ferrous metals and beauty care, down by 2.72% and 1.51% respectively [1] Industry Summary - The electronic industry experienced a decline of 0.37%, with a net outflow of 12.127 billion yuan in main funds. Out of 470 stocks in this sector, 209 rose, 5 hit the daily limit, and 253 fell. There were 118 stocks with net inflows, with 14 exceeding 100 million yuan, led by C Yicai-U with a net inflow of 1.295 billion yuan, followed by Fangzheng Technology and Hu Dian Co., with net inflows of 896 million yuan and 476 million yuan respectively [1] - The top gainers in the electronic industry included C Yicai-U, which surged by 198.72%, and Fangzheng Technology, which rose by 10.01%. Other notable gainers were Hu Dian Co. and He Li Tai, with increases of 3.21% and 10.16% respectively [1] - The electronic industry saw significant outflows, with 48 stocks experiencing net outflows exceeding 100 million yuan. The largest outflows were from Shenghong Technology, with 1.14 billion yuan, followed by SMIC and Wentai Technology, with outflows of 844 million yuan and 641 million yuan respectively [2]

Market Overview - The component sector increased by 1.3% on October 28, with Fangzheng Technology leading the gains [1] - The Shanghai Composite Index closed at 3988.22, down 0.22%, while the Shenzhen Component Index closed at 13430.1, down 0.44% [1] Top Performers - Fangzheng Technology (600601) closed at 13.19, up 10.01% with a trading volume of 5.1766 million shares and a transaction value of 6.511 billion [1] - Huazheng New Materials (603186) and Jingwang Electronics (603228) both rose by 10.00%, closing at 51.24 and 77.19 respectively [1] - Shengyi Electronics (688183) increased by 8.54%, closing at 105.10 with a transaction value of 5.001 billion [1] Underperformers - C Super Frequency (603175) saw a decline of 6.76%, closing at 77.40 with a transaction value of 1.861 billion [2] - Sanhuan Group (300408) and Shenghong Technology (300476) fell by 4.38% and 3.91% respectively [2] Capital Flow - The component sector experienced a net outflow of 759 million from institutional investors and 101 million from speculative funds, while retail investors saw a net inflow of 861 million [2][3] - Fangzheng Technology had a net inflow of 767 million from institutional investors, while it faced a net outflow of 285 million from speculative funds [3] Summary of Capital Flow by Company - Jin'an Guoji (002636) had a net inflow of 211 million from institutional investors, with a net outflow of 96.417 million from speculative funds [3] - Deep South Circuit (002916) recorded a net inflow of 141 million from institutional investors [3]

Group 1 - The PCB concept is experiencing a significant upward trend, with multiple companies seeing their stock prices surge [1] - Companies such as Jingwang Electronics and Dongcai Technology have reached the daily limit increase in stock prices [1] - Other companies like Helitai, Honghe Technology, and Dawi Shares also previously hit the daily limit, indicating strong market interest [1] Group 2 - Additional companies such as Aisen Shares, Shengyi Electronics, Chujian New Materials, Oat Technology, and Founder Technology have also seen notable stock price increases [1]

Core Viewpoint - The CPO concept stocks in the A-share market continue to show strong performance, with several companies reaching new historical highs in their stock prices [1]. Group 1: Stock Performance - LianTe Technology (301205) increased by 13.24%, with a total market value of 14.4 billion and a year-to-date increase of 46.78% [2]. - Jingwang Electronics (603228) hit the daily limit with a 10% increase, having a market value of 76 billion and a year-to-date increase of 184.10% [2]. - Dekeli (688205) rose by 8.89%, with a market value of 18.3 billion and a year-to-date increase of 66.20% [2]. - Yongding Co., Ltd. (600105) increased by 7.79%, with a market value of 23.7 billion and a year-to-date increase of 228.98% [2]. - Founder Technology (600601) rose by 6.84%, with a market value of 54.7 billion and a year-to-date increase of 191.80% [2]. - JepuTe (688025) increased by 4.16%, with a market value of 14.3 billion and a year-to-date increase of 218.53% [2]. - Zhongji Xuchuang (300308) rose by 3.98%, with a market value of 588 billion and a year-to-date increase of 330.63% [2]. - Xinyi Sheng (300502) increased by 3.66%, with a market value of 416.2 billion and a year-to-date increase of 409.25% [2]. - Cambridge Technology (603083) rose by 3.59%, with a market value of 41.3 billion and a year-to-date increase of 205.17% [2]. - Tianfu Communication (300394) increased by 3.22%, with a market value of 152.5 billion and a year-to-date increase of 203.14% [2]. - Sry New Materials (688102) rose by 2.60%, with a market value of 15.2 billion and a year-to-date increase of 125.09% [2]. - Tongfu Microelectronics (002156) increased by 2.18%, with a market value of 68.1 billion and a year-to-date increase of 52.21% [2]. Group 2: Historical Highs - Notable companies such as Founder Technology, Zhongji Xuchuang, Xinyi Sheng, and Sry New Materials have reached new historical highs in their stock prices [1].

Core Viewpoint - The CPO concept stocks in the A-share market continue to show strong performance, with several companies experiencing significant price increases [1] Company Performance - LianTe Technology saw a rise of over 13% - Jingwang Electronics hit the daily limit with a 10% increase - DeKeLi increased by over 8% - YongDing shares rose by over 7% - Fangzheng Technology increased by over 6% - JiePuTe rose by over 4% - Zhongji Xuchuang, Xinyi Sheng, Cambridge Technology, and Tianfu Communication all saw increases of over 3% [1] Historical Performance - Fangzheng Technology, Zhongji Xuchuang, Xinyi Sheng, and SiRui New Materials reached new historical highs [1]

Core Viewpoint - Fangzheng Technology's stock increased by 5.92% on October 28, reaching a price of 12.70 CNY per share, with a trading volume of 3.31 billion CNY and a turnover rate of 6.50%, resulting in a total market capitalization of 54.277 billion CNY [1] Company Overview - Fangzheng Technology Group Co., Ltd. is located at 726 Yan'an West Road, Changning District, Shanghai, and was established on November 15, 1993, with its listing date on December 19, 1990 [1] - The company's main business involves the production and sale of PCB products, internet access services, and IT system integration and solutions [1] - The revenue composition of the main business is 98.83% from product sales and 1.17% from service provision [1] Shareholder Information - Among the top ten circulating shareholders of Fangzheng Technology, one fund under Huaxia Fund, Huaxia Industry Prosperity Mixed A (003567), entered the top ten in the third quarter, holding 46.0868 million shares, which accounts for 1.11% of the circulating shares [2] - The estimated floating profit for this fund today is approximately 32.7216 million CNY [2] - Huaxia Industry Prosperity Mixed A was established on February 4, 2017, with a latest scale of 7.261 billion CNY, and has achieved a return of 56.47% this year, ranking 837 out of 8155 in its category [2] - Over the past year, the fund has returned 58.26%, ranking 640 out of 8029 in its category, and since its inception, it has achieved a return of 380.23% [2] - The fund manager, Zhong Shuai, has a total fund asset scale of 8.253 billion CNY, with the best fund return during his tenure being 177.53% and the worst being -2.4% [2]

Group 1 - The core point of the article is the performance and changes in the top holdings of the Zhonghang Opportunity Leading Mixed Fund, which reported a net value growth rate of 119.56% over the past year [1] Group 2 - The fund's top ten holdings saw the addition of new stocks: Yuanjie Technology, Guangku Technology, and Dongshan Precision [1] - The fund increased its position in Yingweike by 12.65 million shares, making it the largest holding [1] - The previous top holdings, Changxin Bochuang, Shijia Photon, and Founder Technology, were removed from the top ten [1] Group 3 - Significant increases in holdings include: - Yingweike (increased by 364.09% to 16.13 million shares, valued at 1.29 billion) - Xinyi Sheng (increased by 332.17% to 3.51 million shares, valued at 1.285 billion) - Zhongji Xuchuang (increased by 338.67% to 3.12 million shares, valued at 1.26 billion) - Shenghong Technology (increased by 502.27% to 4.25 million shares, valued at 1.214 billion) - Tianfu Communication (increased by 539.34% to 6.98 million shares, valued at 1.171 billion) - Hudian Co. (increased by 669.13% to 9.94 million shares, valued at 730 million) - Dekeli (increased by 312.55% to 5.64 million shares, valued at 683 million) [1]

Market Overview - The Shanghai Composite Index rose by 1.18% on October 27, with 28 out of 31 sectors experiencing gains, led by the communication and electronics sectors, which increased by 3.22% and 2.96% respectively [1] - The media, food and beverage, and real estate sectors saw declines of 0.95%, 0.20%, and 0.11% respectively [1] Fund Flow Analysis - The main funds in the two markets experienced a net outflow of 136 million yuan, with 12 sectors seeing net inflows [1] - The electronics sector had the highest net inflow of funds, totaling 6.112 billion yuan, while the non-ferrous metals sector followed with a net inflow of 2.529 billion yuan [1] - The power equipment sector faced the largest net outflow, amounting to 3.354 billion yuan, followed by the automotive sector with a net outflow of 2.176 billion yuan [1] Electronics Sector Performance - The electronics sector increased by 2.96%, with a total net inflow of 6.112 billion yuan, and 364 out of 469 stocks in this sector rose, including 8 stocks that hit the daily limit [2] - The top three stocks with the highest net inflow in the electronics sector were Industrial Fulian (1.915 billion yuan), Zhaoyi Innovation (953 million yuan), and Shenghong Technology (910 million yuan) [2] - The stocks with the largest net outflow included SMIC (778 million yuan), Founder Technology (738 million yuan), and Shengyi Technology (435 million yuan) [3] Electronics Sector Fund Inflow and Outflow - The top inflow stocks in the electronics sector included: - Industrial Fulian: +8.19%, turnover rate 1.18%, net inflow 1.915 billion yuan - Zhaoyi Innovation: +10.00%, turnover rate 7.81%, net inflow 953 million yuan - Shenghong Technology: +10.14%, turnover rate 8.07%, net inflow 910 million yuan [2] - The top outflow stocks in the electronics sector included: - SMIC: +0.33%, turnover rate 5.06%, net outflow 778 million yuan - Founder Technology: +2.30%, turnover rate 13.68%, net outflow 738 million yuan - Shengyi Technology: +8.87%, turnover rate 6.14%, net outflow 435 million yuan [3]

Core Insights - The article highlights the recent movements of social security funds in the stock market, revealing that 43 new stocks were added to their portfolio in the third quarter [1] - A total of 1,315 companies have released their third-quarter reports, with social security funds appearing in 156 stocks, indicating significant institutional activity [1] Summary by Category New Investments - Social security funds initiated positions in 43 new stocks during the third quarter [1] - Among the new stocks, the highest holdings were in Jin Cheng Pharmaceutical (11.89 million shares), Kesi Da (10.52 million shares), and Huazheng New Materials (3.70 million shares) [1] - The stock with the highest proportion held by social security funds is Jin Cheng Pharmaceutical, accounting for 3.20% of its circulating shares [2] Performance Metrics - In terms of performance, 30 of the newly invested stocks reported year-on-year net profit growth, with Huazheng New Materials showing the highest increase of 1,042.19% [2] - The average increase of the newly invested stocks since October is 0.96%, which underperformed compared to the Shanghai Composite Index [2] - The best-performing stock among the new investments is Beifang Changlong, with a cumulative increase of 28.05% [2] Holdings Overview - A detailed list of stocks newly invested by social security funds includes Jin Cheng Pharmaceutical, Yi Yi Co., Huazheng New Materials, and others, with varying levels of holdings and industry classifications [2][3] - Notable holdings include Jiangsu Jinzu (45.65 million shares) and Fangzheng Technology (30.13 million shares), indicating a diverse investment strategy across different sectors [3]