Market Overview - On September 22, the gas sector experienced a slight decline of 0.05%, with Tress leading the drop [1] - The Shanghai Composite Index closed at 3828.58, up 0.22%, while the Shenzhen Component Index closed at 13157.97, up 0.67% [1] Individual Stock Performance - Dazhong Public Utilities (600635) saw a significant increase of 9.98%, closing at 5.51 [1] - Other notable gainers included Zhutong Gas (605169) with a 3.74% increase, and Xinjiang Torch (603080) with a 1.96% increase [1] - Tress (834014) led the declines with a drop of 4.01%, closing at 13.66 [2] - Jiufeng Energy (605090) and ST Jinj Chicken (000669) also experienced declines of 3.41% and 2.68%, respectively [2] Trading Volume and Capital Flow - The gas sector saw a net inflow of 132 million yuan from institutional investors, while retail investors experienced a net outflow of 87.12 million yuan [2][3] - Dazhong Public Utilities attracted the highest net inflow from institutional investors at 1.49 billion yuan, representing 11.54% of its trading volume [3] - Blue Sky Gas (605368) and Xinjiang Torch (603080) also had notable net inflows of 25.34 million yuan and 12.14 million yuan, respectively [3]

Core Viewpoint - Dazhong Public's AH shares have surged, with A-shares hitting the limit up at 5.51 yuan and H-shares rising over 15% to a peak of 3.29 HKD, driven by strong financial performance and strategic investments [1] Financial Performance - For the first half of 2025, Dazhong Public reported a net profit attributable to shareholders of 333 million yuan, a remarkable increase of 172.62% year-on-year [1] - The net cash flow from operating activities reached 761 million yuan, marking a significant rise of 160.29% compared to the previous year [1] Investment and Strategic Holdings - Dazhong Public has a stake in Shenzhen Capital Group, which holds shares in Yushu Technology [1] - Shenzhen Capital Group achieved a net profit of 1.047 billion yuan in the first half of the year, leading Dazhong Public to recognize an investment income of 118 million yuan under the equity method [1] - Shenzhen Capital Group directly invests in notable hard-tech projects such as Zhongwei Company, BGI JiuTian, and SenseTime [1]

（文章来源：每日经济新闻） 每经AI快讯，9月22日，港股大众公用涨超14%，截至发稿，涨14.04%，报3.25港元，成交额1.23亿港 元。 ...

Group 1 - Dazhong Public (600635) shares increased by over 14%, reaching a price of 3.25 HKD with a trading volume of 123 million HKD [1] - The company announced its stake in Shenzhen Capital Group, which holds shares in Yushu Technology [1] - Yushu Technology is expected to submit its listing application to the stock exchange between October and December 2025 [1] Group 2 - Market attention is on Moer Thread, which is scheduled for a meeting on the Sci-Tech Innovation Board this week [1] - Moer Thread, established in 2020, focuses on developing a full-featured GPU aimed at providing computing acceleration platforms for AI, digital twins, and high-performance computing [1] - The actual controller, Zhang Jianzhong, holds 44.07% of the company's shares, and Moer Thread has received investments from multiple institutions, including Shenzhen Capital Group [1]

消息面上，大众公用在互动平台表示，公司参股深创投，深创投及其基金持有宇树科技股份。据悉，宇 树科技预计将在2025年10月至12月期间向证券交易所提交上市申请文件。另外，市场关注摩尔线程本周 科创板上会，资料显示，摩尔线程成立于2020年，以自主研发的全功能GPU为核心，致力于为AI、数 字孪生、科学计算等高性能计算领域提供计算加速平台。实际控制人张建中控制公司44.07%股份。摩 尔线程成立后曾获得包括深创投在内的多家机构投资。 智通财经APP获悉，大众公用(01635)涨超14%，截至发稿，涨14.04%，报3.25港元，成交额1.23亿港 元。 ...

Group 1 - The company participated in a collective reception day and mid-year performance briefing organized by the Shanghai Stock Exchange Association and Panoramic Network on September 19, focusing on investor communication and value delivery [1] - The company’s board secretary, Zhao Fei, addressed questions regarding the water segment's expenditures and debt situation, stating that water prices are executed based on agreements [1] - Capital expenditures in the water segment will focus on upgrading existing facilities and ensuring safe operations, which includes necessary investments for operational safety and stability [1] Group 2 - The company has seen a continuous decline in its debt ratio over the past three years, maintaining it within controllable limits [1] - The company aims to balance long-term development strategies with current financial safety, ensuring that new investments align with its financial capacity [1]

Core Insights - The gas sector experienced a rise of 1.92% on September 19, with Jiufeng Energy leading the gains [1] - The Shanghai Composite Index closed at 3820.09, down 0.3%, while the Shenzhen Component Index closed at 13070.86, down 0.04% [1] Gas Sector Performance - Jiufeng Energy (605090) closed at 33.39, up 8.09% with a trading volume of 255,900 shares and a turnover of 840 million yuan [1] - Dazhong Public Utilities (600635) closed at 5.01, up 5.92% with a trading volume of 2,870,600 shares and a turnover of 1.464 billion yuan [1] - Xinjiang Torch (603080) closed at 21.92, up 4.03% with a trading volume of 123,900 shares and a turnover of 270 million yuan [1] - Other notable performers include Fuan Longyuan (002911) up 4.00%, Hongtong Gas (605169) up 3.60%, and Baichuan Energy (600681) up 2.90% [1] Capital Flow Analysis - The gas sector saw a net inflow of 248 million yuan from main funds, while retail investors experienced a net outflow of 189 million yuan [2] - Dazhong Public Utilities had a main fund net inflow of 250 million yuan, while retail investors had a net outflow of 89.24 million yuan [3] - Fuan Energy (002911) recorded a main fund net inflow of 35.55 million yuan, with retail investors seeing a net outflow of 26.52 million yuan [3]

大众公用在互动平台表示，公司参股深创投，深创投及其基金持有宇树科技股份，深创投及其基金具体 投资情况见其官方公开信息。 不同公司自身所处行业情况不同，同时公司股价在二级市场受多重因素 影响，请投资者谨慎投资。 ...

格隆汇9月19日丨大众公用(600635.SH)在互动平台表示，公司参股深创投，根据公开信息，深创投及其 基金持有宇树科技股份，深创投及其基金具体投资情况见其官方公开信息。 ...

Market Overview - On September 17, the gas sector rose by 0.15% compared to the previous trading day, with Dazhong Public Utilities leading the gains [1] - The Shanghai Composite Index closed at 3876.34, up 0.37%, while the Shenzhen Component Index closed at 13215.46, up 1.16% [1] Individual Stock Performance - Dazhong Public Utilities (600635) closed at 4.85, with a gain of 6.59% and a trading volume of 2.2875 million shares, amounting to a transaction value of 1.073 billion yuan [1] - Other notable performers included: - Zhongtai Co., Ltd. (300435) at 19.25, up 2.56% [1] - Fuan Longyuan (002911) at 11.54, up 2.49% [1] - Changchun Gas (600333) at 5.85, up 1.92% [1] - New Natural Gas (603393) at 29.21, up 1.14% [1] Fund Flow Analysis - The gas sector saw a net inflow of 90.0868 million yuan from institutional investors, while retail investors experienced a net outflow of 34.2687 million yuan [2] - The main stocks with significant fund flows included: - Dazhong Public Utilities with a net inflow of 68.1613 million yuan [3] - Fuan Energy with a net inflow of 18.0718 million yuan [3] - Changchun Gas with a net inflow of 13.9757 million yuan [3]