11月26日，实达集团（600734.SH）发布股票交易风险提示公告，公司股票于2025年11月20日、11月21 日、11月24日、11月25日连续4个交易日内日收盘价格涨幅偏离值累计达到40%以上，公司分别于2025 年11月22日、11月26日在上海证券交易所网站发布了《股票交易异常波动公告》（公告编号：第2025－ 047号、第2025－050号）。2025年11月26日公司股票再次涨停，已连续5个交易日涨停。鉴于股票交易 价格短期波动幅度较大，敬请广大投资者理性投资，审慎决策，注意防范投资风险。 （文章来源：证券时报网） 公司表示，截至2025年第三季度，公司营业收入13458.71万元人民币，归属于上市公司股东的净利 润-8757.10万元人民币，仍处于亏损状态，敬请投资者注意投资风险。 ...

Group 1 - The Ministry of Industry and Information Technology and five other departments issued a plan to enhance the adaptability of supply and demand for consumer goods, aiming for a significant optimization of the supply structure by 2027, with the formation of three trillion-level consumption fields and ten hundred-billion-level consumption hotspots [2] - The State Council Information Office will hold a press conference on November 27, 2025, to discuss policies related to enhancing the adaptability of supply and demand for consumer goods [2] - The National Development and Reform Commission will hold a news conference on November 27, 2025, to provide updates on relevant policies [2] Group 2 - Guangdong issued a plan to support enterprises in conducting industrial chain integration and mergers, aiming to enhance the competitive advantages of industrial clusters in the Guangdong-Hong Kong-Macao Greater Bay Area by 2027 [3] - The China Insurance Industry Association issued a risk warning regarding "Anwo Stock Insurance," clarifying that it is not an approved insurance institution and that stock investment losses are not covered by insurance [3] Group 3 - Changguang Huaxin has achieved mass production of 100G EML in the optical communication field, and 200G EML has begun sampling [5] - Shida Group noted that it has not engaged in business cooperation with Alibaba Cloud despite market rumors [6] - Jindike will not issue new quadrivalent influenza virus split vaccines this year [7] - Zhongshui Fishery reported no significant changes in its operating conditions and external environment [8] - Maoye Commercial is currently operating normally [9] - Industrial Fulian raised the upper limit for share repurchase to no more than 75 yuan per share [10] - China Iron and Steel's controlling shareholder plans to increase its stake in the company by 65 million to 130 million yuan [11] - Boda Pharmaceutical has not organized the production and sale of related influenza drugs, and it is expected that there will be no impact on the company's operating performance for a considerable period [11] - Muxi Co., Ltd. announced that the subscription date for its issuance is December 5 [11] - Pinming Technology may apply for a trading suspension if its stock continues to experience abnormal fluctuations [12]

Core Points - The company, Shida Group, announced that its stock price has experienced a cumulative increase of over 40% across four consecutive trading days from November 20 to November 25, 2025 [1] - On November 26, 2025, the company's stock hit the daily limit again, marking five consecutive days of limit-up trading [1] - The company issued an announcement regarding the acquisition of 95% equity in Fujian Shuchan Mingshang Technology Co., Ltd. on November 5, 2025, indicating that formal agreements related to this transaction have not yet been signed [1] Summary by Sections - **Stock Performance** - The stock price of Shida Group has shown significant volatility, with a cumulative increase of over 40% in a short period [1] - The stock has reached the daily limit for five consecutive trading days, indicating strong market interest [1] - **Acquisition Announcement** - The company disclosed plans to acquire a majority stake in Fujian Shuchan Mingshang Technology Co., Ltd. [1] - There is uncertainty regarding the signing of formal agreements and the completion of the transaction, which may pose risks for investors [1]

Market Overview - A total of 68 stocks hit the daily limit up, while 23 stocks faced limit down, resulting in a sealing rate of 75% [1] - The Shenzhen Component Index and the ChiNext Index opened lower but rebounded, with the ChiNext Index at one point rising over 3% [1] - The total trading volume in the Shanghai and Shenzhen markets was 1.78 trillion, a decrease of 28.8 billion from the previous trading day [1] - The market saw rapid rotation of hotspots, with over 3,500 stocks declining [1] - The Shanghai Composite Index fell by 0.15%, while the Shenzhen Component Index rose by 1.02%, and the ChiNext Index increased by 2.14% [1] Stock Performance Analysis - The consecutive board advancement rate increased to 58.33%, maintaining a peak of 5 boards [3] - Notable stocks included Shida Group with 5 consecutive boards, Huayi Century, TeFa Information, and Xinhua Du with 4 consecutive boards, and Guangji Pharmaceutical, Leike Defense, and Jinfu Technology with 3 consecutive boards [3][4] - The AI application sector saw strong performance, with Shida Group and Xinhua Du achieving board advancement, while previously strong stocks like Rongji Software faced a limit down [3] Sector Highlights - The pharmaceutical, retail, and CPO sectors showed significant gains, while military equipment, forestry, and gaming sectors experienced declines [1] - The anti-influenza and consumer sectors were driven by news, but overall performance remained primarily a technical correction following previous declines [3] - The demand for flu-related medications and online consultations surged, with orders for specific flu medications increasing over 100% compared to the previous month [7][13] AI and Technology Sector - Google is collaborating with Broadcom to develop TPU v7p, expected to launch in 2026, with a forecasted shipment increase of over 40% [5] - The computing hardware sector continues to gain momentum, with leading companies like Zhongji Xuchuang and Saiwei Electronics reaching historical highs [5] - The AI application sector remains reliant on major players like Alibaba, with ongoing interest in the AI application market expected to persist [6] Consumer Sector - The Ministry of Industry and Information Technology and other departments released a plan to enhance consumer goods supply and demand adaptability, stimulating the consumer sector [7][24] - Stocks in the retail sector, such as Guoguang Chain and Dongbai Group, saw significant gains following this policy announcement [7][24] Conclusion - The market is characterized by a mix of strong performances in specific sectors like AI and pharmaceuticals, while facing challenges in others like military and gaming [1][3][5] - The ongoing developments in technology and consumer policies are likely to shape market dynamics in the near term [6][7][24]

Group 1 - The company announced on November 26 that it has noted rumors on online platforms regarding a partnership with Alibaba Cloud, but currently, there is no business cooperation between the company and Alibaba Cloud [1]

Core Viewpoint - Fujian Shida Group has clarified that it has not engaged in any business cooperation with Alibaba Cloud, despite rumors circulating online. The company's stock price has seen significant fluctuations, with a cumulative increase of 40% over four trading days from November 20 to 25, and it has hit the daily limit for five consecutive trading days [1]. Group 1: Business Operations - Fujian Shida Group focuses on big data business, including digital government, smart education, intelligent computing power, and data flow, involving system integration, operation, and software products [1]. - The company is actively advancing its investments and layout in the intelligent computing field, primarily undertaking computing center construction projects and developing computing scheduling platforms [1]. - Successful projects include the Kairong Cloud Intelligent Computing Center Phase I and the Gulou Intelligent Computing Center Phase II [1]. Group 2: Recent Acquisitions - On November 5, Fujian Shida Group announced plans to acquire 95% of Fujian Shuchan Mingshang Technology Co., which will become a subsidiary upon completion of the acquisition [2]. - The total investment for the intelligent computing center project by Shuchan Mingshang is 550 million yuan, with a computing power scale of 2000P, expected to be operational by September 2024 [2]. - The company has indicated that the formal agreements related to this transaction have not yet been signed, introducing uncertainty regarding the completion of the acquisition [2]. Group 3: Financial Performance - For the first three quarters of 2025, Fujian Shida Group reported revenue of 134.6 million yuan, primarily from its big data business, reflecting a year-on-year growth of 111.97% [2]. - The company reported a net loss attributable to shareholders of 87.57 million yuan, indicating it is still in a loss position [2]. - Company representatives have stated a commitment to improving operational performance, optimizing governance structures, enhancing operational efficiency, and increasing core competitiveness to create long-term value for shareholders [2].

实达集团公告称，公司股票于2025年11月20 - 25日连续4个交易日收盘价格涨幅偏离值累计超40%，26 日再次涨停，已连涨5日。公司提醒投资者注意二级市场交易风险。此外，公司11月5日披露的收购福建 数产名商科技95%股权相关正式协议未签署，交易存不确定性；截至三季度，公司营收13458.71万元， 净利润 - 8757.10万元，仍处亏损；网络传闻公司与阿里云合作不实，双方未开展业务合作。 ...

Core Viewpoint - The stock of Shida Group has experienced significant price fluctuations, with a cumulative increase of over 40% in the closing price over four consecutive trading days, prompting a risk warning for investors [1] Group 1 - Shida Group's stock price increased by more than 40% over the trading days of November 20, 21, 24, and 25, 2025 [1] - On November 26, 2025, the company's stock hit the daily limit again due to large short-term price volatility [1] - The company advises investors to make rational investment decisions and be cautious of investment risks [1] Group 2 - There are rumors circulating on online platforms regarding a partnership between Shida Group and Alibaba Cloud; however, the company clarifies that no business cooperation has been established with Alibaba Cloud [1]

Group 1 - The core point of the article is that Shida Group's stock has experienced significant price fluctuations, with a cumulative increase of over 40% in the closing price deviation over four consecutive trading days [1] - On November 26, 2025, Shida Group's stock hit the daily limit again, indicating continued volatility in stock trading [1] - The company has issued a risk warning to investors, urging them to make rational investment decisions and be cautious of investment risks due to the short-term price fluctuations [1] Group 2 - Shida Group has addressed rumors circulating on online platforms regarding a partnership with Alibaba Cloud, clarifying that no business cooperation currently exists between the two entities [1]

三、经营风险提示 证券代码：600734 证券简称：实达集团 公告编号：第2025－051号 福建实达集团股份有限公司 股票交易风险提示公告 本公司董事会、全体董事及相关股东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法律责任。 福建实达集团股份有限公司（以下简称公司或实达集团）股票于2025年11月20日、 11月21日、11月24日、11月25日连续4个交易日内日收盘价格涨幅偏离值累计达到40% 以上，公司分别于2025年11月22日、11月26日在上海证券交易所网站发布了《股票交易 异常波动公告》（公告编号：第2025－047号、第2025－050号）。2025年11月26日公司 股票再次涨停，已连续5个交易日涨停，为提醒投资者理性投资，现将公司相关事项进 行风险提示如下： 一、二级市场交易风险提示 公司股票于2025年11月20日、11月21日、11月24日、11月25日连续4个交易日内日 收盘价格涨幅偏离值累计达到40%以上。2025年11月26日公司股票再次涨停，鉴于股票 交易价格短期波动幅度较大，敬请广大投资者理性投资，审慎决策，注意防范投资 ...