Core Viewpoint - The stock of Fujian Shida Group Co., Ltd. experienced an abnormal trading fluctuation, with a cumulative closing price increase of over 20% on November 20 and 21, 2025 [2][3]. Group 1: Stock Trading Abnormalities - The company's stock price increased by more than 20% over two consecutive trading days, which is classified as an abnormal trading fluctuation according to the Shanghai Stock Exchange rules [3]. - The company has confirmed that there are no undisclosed significant matters affecting the stock price, aside from the previously disclosed acquisition [4][7]. Group 2: Company Verification and Response - The company conducted a verification process regarding the stock price fluctuation and found no significant changes in its daily operations [4]. - The company has not identified any media reports or market rumors that could have influenced the stock price during the fluctuation period [4]. - Company executives and major shareholders did not engage in stock trading during the abnormal fluctuation period [4]. Group 3: Acquisition Announcement - On November 5, 2025, the company announced the acquisition of 95% equity in Fujian Shuchuang Ming Shang Technology Co., Ltd., but the formal agreement has not yet been signed, leading to uncertainties regarding the completion of the transaction [2][5].

Core Viewpoint - Shida Group (600734) experienced a significant increase in stock price, reaching the daily limit with a turnover rate of 9.16% and a transaction volume of 918 million yuan, indicating strong market interest and trading activity [2]. Trading Activity - The stock was listed on the Shanghai Stock Exchange due to a price deviation of 12.45%, with a net buying amount of 66.38 million yuan from brokerage seats [2]. - The top five brokerage seats accounted for a total transaction volume of 535 million yuan, with a buying amount of 301 million yuan and a selling amount of 234 million yuan, resulting in a net buying of 66.38 million yuan [2]. - The largest buying brokerage was Dongya Qianhai Securities Co., Ltd. Suzhou Branch, with a buying amount of 67.60 million yuan, while the largest selling brokerage was China International Capital Corporation Wealth Management, with a selling amount of 141 million yuan [3]. Fund Flow - The stock saw a net inflow of 270 million yuan from major funds, with a significant inflow of 302 million yuan from large orders, while large orders experienced a net outflow of 31.79 million yuan. Over the past five days, the net inflow from major funds totaled 597 million yuan [2]. Financial Performance - For the third quarter, Shida Group reported a total revenue of 135 million yuan, representing a year-on-year growth of 111.97%. However, the company recorded a net loss of 87.57 million yuan [2].

Market Overview - A total of 13 stocks had closing orders exceeding 100 million yuan today, indicating strong market interest [2] - The top three stocks by closing order volume were Haiou Zhugong (855,800 hands), Shida Group (750,400 hands), and Huaci Co., Ltd. (229,100 hands) [2] Stock Performance - Huaci Co., Ltd. experienced a significant price movement, with a cumulative increase of 44.87% over the last six trading days, including five limit-up days and one limit-down day [2] - The stock's trading volume today was 1.67 billion yuan, with a net buying amount of 10.59 million yuan [2] Sector Highlights Aquaculture Sector - Zhongshui Fishery and Zanzida Island were among the stocks that hit the limit-up today, with Zhongshui Fishery actively engaging in deep-sea economic development and sustainable marine resource projects [3] - Zanzida Island has a national-level marine ranch demonstration area of 940 square kilometers and an annual processing capacity exceeding 60,000 tons [3] Cultural Media Sector - Stocks such as E-Dian Tianxia, Xinhua Du, and Visual China saw limit-up performance, with E-Dian Tianxia achieving an average of 220 billion daily advertising requests [4] - Guiguang Network is the only operator in Guizhou with full communication licenses, establishing a comprehensive broadband network [4] Humanoid Robotics Sector - Shida Group is investing 16.72 million yuan to build a data collection factory for humanoid intelligent robots, responding to the growing demand for data training sets [5] - Longxi Co., Ltd. holds over 75% market share in the joint bearing sector and supplies core components to companies like Tesla [5] Institutional Investment - Six stocks on the Dragon and Tiger list had net buying amounts exceeding 100 million yuan, with Tianhua New Energy leading at 372 million yuan [6] - Institutional net buying was prominent in Tianhua New Energy, E-Dian Tianxia, and Annie Co., Ltd., with net buying amounts of 288 million yuan, 86.43 million yuan, and 30.80 million yuan respectively [7] ETF Performance - The Food and Beverage ETF (product code: 515170) saw a decrease of 1.88% over the past five days, with a net redemption of 31.43 million yuan [9] - The Game ETF (product code: 159869) decreased by 3.98%, with a net redemption of 250 million yuan [9] - The Science and Technology 50 ETF (product code: 588000) decreased by 5.59%, but saw an increase in shares by 540 million [9]

Core Points - The company, Shida Group, announced that its stock price experienced an abnormal fluctuation, with a cumulative increase of over 20% in closing prices over two consecutive trading days (November 20 and November 21, 2025) [1] - The company stated that there have been no significant changes in its daily operations recently [1] - As of the date of the announcement, the company and its controlling shareholder, Fujian Shusheng, confirmed that there are no undisclosed significant matters related to the company, aside from previously disclosed acquisition matters [1]

证券代码：600734 证券简称：实达集团 公告编号：第2025－047号 福建实达集团股份有限公司 重要内容提示 股票交易异常波动公告 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日连续2个交易日内日收盘价格涨幅偏离值累计达到20%以上。 ●公司已采取书面方式向公司控股股东福建省数晟投资合伙企业（有限合伙）（以 下简称福建数晟）进行发函查证并自查：截至本公告日，公司不存在应披露而未披露的 重大事项。 ●公司于2025年11月5日披露了《关于收购福建数产名商科技有限公司95%股权暨关 联交易的公告》（公告编号第2025-042号）。本次交易事项涉及的相关正式协议尚未签 署，后续是否能签署正式协议、交易能否最终完成尚存在不确定性，敬请投资者注意投 资风险。 一、股票交易异常波动的具体情况 公司股票交易价格连续2个交易日内（2025年11月20日、11月21日）日收盘价格涨 幅偏离值累计达到20%以上。根据《上海证券交易所交 ...

你公司股票于 2025 年 11 月 20 日、11 月 21 日连续 2 个交易日内日收盘价 格涨幅偏离值累计达到20%以上,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，经核实，现就有关事项回复如下: 一、截止本回复出具日,除你公司已披露的关于收购福建数产名商科技有限 公司 95%股权暨关联交易事项外,我公司不存在涉及你公司的其他应披露而未披 露的信息(包括但不限于重大资产重组、发行股份、上市公司收购、债务重组、 业务重组、资产剥离和资产注入等重大事项）。 二、我公司在你公司前述股票异常波动期间未买卖你公司股票。 特此函复。 关于股票异常波动有关事项的回复 福建省数晟 21 日 福建实达集团股份有限公司: ...

Core Viewpoint - The stock of Shida Group experienced an abnormal fluctuation, with a cumulative increase of over 20% in closing prices over two consecutive trading days [1] Group 1: Stock Performance - The stock price deviation was noted on November 20 and 21, 2025, indicating significant trading activity [1] - The company has confirmed that there are no undisclosed major issues affecting the stock price [1] Group 2: Company Operations - The recent operational status of the company has not undergone significant changes [1] - No media reports or market rumors have been identified that could impact the company's stock price [1] Group 3: Shareholder Activity - During the period of stock price fluctuation, the board, executives, and controlling shareholders did not engage in buying or selling the company's stock [1] Group 4: Market Risks - The company warns investors to be cautious of market trading risks, noting that its price-to-earnings and price-to-book ratios are significantly higher than the industry average [1] - There is uncertainty regarding the completion of previously disclosed acquisition agreements, as formal contracts have not yet been signed [1]

Core Viewpoint - The company announced that its stock price experienced an abnormal fluctuation, with a cumulative increase of over 20% in closing prices over two consecutive trading days on November 20 and 21, 2025 [1] Group 1: Stock Performance - The stock price fluctuation is classified as an abnormal volatility due to the significant increase in closing prices [1] - The company has conducted a self-examination and communicated with its controlling shareholder regarding the stock price movement [1] Group 2: Major Events - Aside from the disclosed acquisition of a 95% stake in Fujian Shuchan Ming Shang Technology Co., Ltd., there are no other undisclosed major events as of the announcement date [1] - The formal agreement for the acquisition has not been signed, and its completion remains uncertain [1] Group 3: Valuation and Risk - The company's valuation is noted to be higher than that of its industry peers, prompting a cautionary note to investors regarding potential risks [1]

Market Overview and Sector Characteristics - The Shanghai Composite Index fell by 2.45%, breaking the 60-day moving average for the first time in six months, while the Shenzhen Component Index dropped by 3.41% [1] - A total of 24 stocks hit the daily limit up, a decrease of 17 from the previous day, while 62 stocks hit the limit down, an increase of 55 [2] - The median decline in A-shares was 3.88%, indicating a broad market downturn [1] Sector Performance - The sectors with the most limit-up stocks included Internet Services, Cultural Media, and Decoration & Renovation, with three stocks each [3] - The Internet Services sector saw positive momentum due to favorable policies and recovering market demand, leading to strong performance from leading companies [3] - The Cultural Media sector benefited from policy support and consumer recovery, boosting industry confidence [3] - The Decoration & Renovation sector was driven by policy support and a rebound in the real estate market, leading to increased demand for renovations [3] Conceptual Trends - The most represented concepts among limit-up stocks were Artificial Intelligence Large Models, Fujian Free Trade Zone/Haixi Concept, and Real Estate, each with three stocks [4] - The Artificial Intelligence Large Models concept gained traction due to technological breakthroughs and policy support, attracting capital for high-growth potential [4] - The Fujian Free Trade Zone/Haixi Concept was bolstered by favorable policies and increased infrastructure investment expectations [4] - The Real Estate sector saw a boost from policy support and relaxed credit conditions, enhancing market confidence [4] Limit-Up Stock List - No stocks reached historical highs today, but six stocks achieved near one-year highs, including 久其软件 (Jiuqi Software) and 梦天家居 (Mengtian Home) [5] - The stocks that hit limit-up included those with significant net inflows from major funds, indicating strong interest from institutional investors [6] Major Fund Inflows - The top five stocks by net inflow included 实达集团 (Shida Group) with 371 million yuan, 贵广网络 (Guiguang Network) with 126 million yuan, and 榕基软件 (Rongji Software) with 103 million yuan [6] - High net inflows suggest these stocks are being closely monitored by major funds, indicating potential investment opportunities [6] Limit-Up Stock Characteristics - The stocks with the highest sealing funds included 视觉中国 (Vision China) with 701 million yuan and 华瓷股份 (Huaci Co.) with 515 million yuan, indicating strong market interest [8] - The number of stocks with consecutive limit-ups included 17 first-time limit-up stocks, 3 with two consecutive limit-ups, and 4 with three or more [9]

Core Viewpoint - The A-share market experienced significant activity with 33 stocks hitting the daily limit up, indicating strong investor interest and potential bullish trends in specific sectors [1] Group 1: Aquaculture Sector - Zhongshui Fishery achieved a remarkable six consecutive limit-up days, highlighting its strong performance in the aquaculture sector [1] Group 2: Other Notable Stocks - Rongji Software recorded five consecutive limit-up days, associated with the data element concept [1] - ST Mubang also saw five consecutive limit-up days, linked to the photovoltaic silicon wafer sector [1] - Deep China A and Guofeng New Materials both achieved three consecutive limit-up days, with Deep China A in the lithium battery sector and Guofeng New Materials in the photolithography glue sector [1] - Other companies such as ST Suwu, Meng Tian Home, and Caixin Development also showed notable performances with three consecutive limit-up days in their respective sectors [1]