格隆汇10月17日丨大众公用(01635.HK)宣布，公司将于2025年10月30日(星期四)举行董事会会议，其中 议程包括审议及批准公司及其附属公司截至2025年9月30日止九个月的第三季度业绩及其刊发及其他事 项。 ...

格隆汇10月17日丨大众公用(01635.HK)宣布，公司将于2025年10月30日(星期四)举行董事会会议，其中 议程包括审议及批准公司及其附属公司截至2025年9月30日止九个月的第三季度业绩及其刊发及其他事 项。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何 部份內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 （股份代號：1635） 董事會會議召開日期 董事局主席 楊國平 上海大眾公用事業（集團）股份有限公司 Shanghai Dazhong Public Utilities (Group) Co., Ltd.* 中華人民共和國，上海 2025年10月17日 （於中華人民共和國註冊成立的股份有限公司） 上海大眾公用事業（集團）股份有限公司（「本公司」）之董事（「董事」）會（「董事會」）謹 此宣佈，本公司將於2025年10月30日（星期四）舉行董事會會議，其中議程包括審議 及批准本公司及其附屬公司截至2025年9月30日止九個月之第三季度業績及其刊發 及其他事項。 承董事會命 上海大眾公用事業（集團）股份有限公司 於本公告日期，執行董事為楊國平先生、梁嘉瑋先生及汪寶平先生；非執行董事為 金永生先生及趙曄青先生；以及獨立非執行董事為姜國芳先生、李穎琦女士、劉峰 先生及楊平先生。 * 僅供識別 ...

Market Overview - The gas sector experienced a slight decline of 0.01% on October 17, with Dazhong Public Utilities leading the drop [1] - The Shanghai Composite Index closed at 3839.76, down 1.95%, while the Shenzhen Component Index closed at 12688.94, down 3.04% [1] Stock Performance - Notable gainers in the gas sector included: - Guo New Energy (600617) with a closing price of 4.00, up 9.89% and a trading volume of 2.25 million shares, totaling 859 million yuan [1] - Caohua Gas (300483) closed at 15.15, up 9.47% with a trading volume of 535,300 shares, totaling 796 million yuan [1] - Changchun Gas (600333) closed at 7.25, up 6.77% with a trading volume of 1.04 million shares, totaling 743 million yuan [1] - Conversely, major decliners included: - Dazhong Public Utilities (600635) closed at 6.24, down 4.73% with a trading volume of 2.61 million shares, totaling 1.671 billion yuan [2] - Fuan Energy (002911) closed at 12.44, down 3.94% with a trading volume of 265,000 shares, totaling 336 million yuan [2] - Xinjiang Torch (603080) closed at 24.29, down 3.69% with a trading volume of 126,000 shares, totaling 313 million yuan [2] Capital Flow - The gas sector saw a net outflow of 15.7859 million yuan from institutional investors, while retail investors contributed a net inflow of 13.3 million yuan [2] - Specific stock capital flows included: - Guo New Energy (600617) had a net outflow of 96.5695 million yuan from institutional investors [3] - Changchun Gas (600333) experienced a net inflow of 85.8114 million yuan from institutional investors [3] - Shaanxi Natural Gas (002267) saw a net inflow of 21.2789 million yuan from institutional investors [3]

Core Insights - On October 13, 2023, the Shanghai-Hong Kong Stock Connect saw its dedicated seats appear in 12 stocks on the Dragon and Tiger List, indicating significant trading activity in these stocks [1][2] Group 1: Net Buying Stocks - Yongding Co., Ltd. (600105) had a net buying amount of 192.85 million yuan, with a daily increase of 9.99% and a turnover rate of 21.97% [2] - Yuguang Gold Lead Co., Ltd. (600531) recorded a net buying of 110.17 million yuan, with a daily increase of 10.04% and a turnover rate of 10.14% [2] - CanSemi Technology Co., Ltd. (688691) saw a net buying of 22.59 million yuan, with a daily increase of 19.80% and a turnover rate of 25.89% [2] - Lu Wei Optoelectronics (688401) had a net buying of 20.60 million yuan, with a daily increase of 20.00% and a turnover rate of 10.53% [2] - Huahong Semiconductor (688347) experienced a net buying of 17.72 million yuan, with a daily increase of 20.00% and a turnover rate of 15.00% [2] - Hainan Huatie (603300) had a net buying of 8.43 million yuan, with a daily increase of 3.95% and a turnover rate of 23.09% [2] - Meiyan Qixiang (600868) recorded a net buying of 5.24 million yuan, with a daily increase of 10.18% and a turnover rate of 15.08% [2] Group 2: Net Selling Stocks - Baiyin Nonferrous Metals Co., Ltd. (601212) had a net selling amount of 114.10 million yuan, with a daily increase of 10.04% and a turnover rate of 8.36% [2] - Zhend Medical (603301) recorded a net selling of 32.68 million yuan, with a daily increase of 7.05% and a turnover rate of 6.24% [2] - Dazhong Public Utilities (600635) had a net selling of 32.53 million yuan, with no change in daily price and a turnover rate of 22.74% [2] - Yangyuan Beverage (603156) experienced a net selling of 22.42 million yuan, with a daily decrease of 9.21% and a turnover rate of 2.44% [2] - Baotailong (601011) recorded a net selling of 3.50 million yuan, with a daily increase of 10.09% and a turnover rate of 2.35% [2]

Core Viewpoint - Dazhong Public (600635) experienced significant trading activity with a turnover rate of 22.74% and a trading volume of 3.963 billion yuan, indicating heightened investor interest and volatility in the stock [2][3]. Trading Activity - The stock closed flat today with a daily amplitude of 18.39% and was listed on the Shanghai Stock Exchange's "Dragon and Tiger List" due to its high volatility and turnover rate [2]. - The net selling by the Shanghai-Hong Kong Stock Connect amounted to 32.528 million yuan, while the total net buying from brokerage seats was 31.262 million yuan [2]. - The top five brokerage seats accounted for a total transaction volume of 795 million yuan, with a net selling of 1.2658 million yuan [2]. Fund Flow - The stock saw a net outflow of 401 million yuan in principal funds today, with large orders contributing to a net outflow of 333.4 million yuan [3]. - Over the past five days, the stock experienced a net inflow of 242 million yuan in principal funds [3]. Margin Trading - As of October 10, the stock's margin trading balance was 759 million yuan, with a financing balance of 754 million yuan and a securities lending balance of 4.7822 million yuan [3]. - The financing balance decreased by 19.2155 million yuan over the past five days, representing a decline of 2.49%, while the securities lending balance increased by 788,500 yuan, reflecting a growth of 19.74% [3]. Financial Performance - According to the semi-annual report released on August 30, the company achieved an operating income of 3.476 billion yuan in the first half of the year, a year-on-year decrease of 5.80%, while net profit reached 333 million yuan, marking a significant year-on-year increase of 172.62% [3].

New Stock Issuance - Marco Polo (Stock Code: 001386) issued at a price of 13.75 on October 13, 2025[1] - New material company (Stock Code: 688585) has a tender offer period from September 29 to October 28, 2025[1] - Zitian (Stock Code: 300280) entered the delisting arrangement period with the last trading day on October 13, 2025[1] Market Alerts - Significant abnormal fluctuations reported for Pinming Technology (Stock Code: 688109) on October 10, 2025[1] - Multiple companies including Kesheng Technology (Stock Code: 688788) and Borui Pharmaceutical (Stock Code: 688166) have recent announcements regarding their stock activities[1] - A total of 30 companies have been flagged for abnormal trading activities, indicating potential market volatility[2]

Core Viewpoint - Dazhong Public Utilities (01635) experienced a significant price drop of over 7% after a period of substantial gains, indicating potential trading risks due to market sentiment and speculation [1] Company Performance - The stock price of Dazhong Public Utilities rose sharply over four consecutive trading days, with a cumulative increase of 33.74% [1] - As of the latest report, the stock is down 6.87%, trading at 4.2 HKD, with a trading volume of 774 million HKD [1] Market Sentiment - The company noted that the recent price surge may be attributed to market over-excitement and irrational speculation, leading to heightened trading risks and potential for a sharp decline [1] Related Investments - Dazhong Public Utilities has a stake in Shenzhen Capital Group, which holds shares in Yushu Technology [1] - Yushu Technology is expected to submit its IPO application to the stock exchange in the fourth quarter of this year [1] - The IPO application for Moer Thread has passed the review by the Shanghai Stock Exchange's listing committee, with previous investments from multiple institutions, including Shenzhen Capital Group [1]

Core Viewpoint - Dazhong Public (600635) experienced a significant price drop after a period of substantial gains, indicating potential trading risks due to market sentiment and speculation [1] Company Summary - Dazhong Public's stock price rose sharply over four consecutive trading days, with a cumulative increase of 33.74% [1] - As of the latest report, the stock price fell by 6.87%, trading at 4.2 HKD, with a trading volume of 774 million HKD [1] - The company noted that its fundamentals have not changed significantly, suggesting that the recent price movements may be driven by irrational market behavior [1] Industry Context - The market has shown strong interest in companies like Yushu Technology and Moer Thread, which are associated with Dazhong Public through investments [1] - Yushu Technology is expected to submit its listing application to the stock exchange in the fourth quarter of this year [1] - Moer Thread's IPO application has passed the review by the Shanghai Stock Exchange's listing committee, indicating positive momentum in the tech sector [1]

Investment Rating - The report maintains an "Overweight" rating for the utility sector [1]. Core Insights - The report highlights the orderly promotion of green electricity direct connection development in Shandong and the official commercial operation of the "Ningdian into Hunan" project, which enhances electricity supply capacity [5][10]. - It suggests focusing on investment opportunities in hydropower and thermal power during the peak summer season, recommending specific companies for investment [2]. - The report emphasizes the growth potential of nuclear power, with multiple approvals for new units, and the recovery of asset quality in green energy [2][5]. Summary by Sections 1. Market Review - The SW utility index increased by 3.45% during the week of October 6-10, 2025, with notable gains in various sub-sectors such as thermal power and gas [10]. - The top-performing stocks included Dazhong Public Utilities (+21.1%) and Shanghai Electric (+18.7%) [10]. 2. Electricity Sector Tracking 2.1. Electricity Consumption - Total electricity consumption from January to July 2025 reached 5.86 trillion kWh, a year-on-year increase of 4.5%, with growth in all sectors [14]. 2.2. Power Generation - Cumulative power generation for the same period was 5.47 trillion kWh, reflecting a 1.3% year-on-year increase, with varying performance across different energy sources [22]. 2.3. Electricity Prices - The average electricity purchase price in June 2025 was 389 RMB/MWh, down 1% year-on-year and 1.3% month-on-month [35]. 2.4. Thermal Power - As of October 10, 2025, the price of thermal coal was 705 RMB/ton, a decrease of 17.92% year-on-year [43]. 2.5. Hydropower - The Three Gorges Reservoir's water level was normal, with inflow and outflow rates significantly higher than previous years [54]. 2.6. Nuclear Power - Eleven new nuclear units were approved in 2024, indicating a positive growth trajectory for the sector [2]. 3. Key Announcements - The report includes significant announcements related to the development of green electricity projects and the operational status of major power transmission projects [5].