Core Viewpoint - The stock price of Bowan Technology (600883) has shown a fluctuating trend, with a slight increase from 8.86 yuan to 8.91 yuan, representing a 0.56% rise over the period [1] Group 1: Stock Performance - The stock experienced a price fluctuation range of 4.85% during the observed period [1] - Trading volume varied significantly, with a peak trading amount of 64.65 million yuan on February 6, decreasing to 42.53 million yuan by February 12 [1] - The stock is currently trading near the middle band of the 20-day Bollinger Bands, with a short-term resistance level at 9.16 yuan [1] Group 2: Recent Events - On February 6, 2026, the net inflow of main funds into Bowan Technology was 2.73 million yuan, accounting for 4.22% of the total trading volume [2] - The company announced the use of 2.0457 million USD of its own funds through a subsidiary to purchase low-risk financial products [2] - There have been no other significant announcements or events recently, with the business focus remaining on the processing of agricultural and sideline products such as edible mushrooms, ham, and coffee [2] Group 3: Institutional Insights - Institutional interest in Bowan Technology is relatively low, with no new research reports or rating adjustments recently [3] - As of February 13, 2026, market sentiment is neutral, and the frequency of institutional research is ranked low within the industry [3] - The fund holding ratio is only 0.02%, indicating limited institutional participation [3]

证券代码：600883 证券简称：博闻科技 公告编号：2026-003 云南博闻科技实业股份有限公司 委托理财进展公告 本公司董事会及全体董事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。 重要内容提示： | 基本情况  | | | | | --- | --- | --- | --- | | 产品名称 | 中银理财全球配置高评级欧元 3 个月最短持有期 | | | | 受托方名称 | 中银理财有限责任公司 | | | | 购买金额 | 176,000 年 2 9 日）中国外汇交易中 | 欧元[以购买日（2026 心受权公布的人民币汇率中间价 | 月 | | | 1 欧元对人民币 8.2046 元计， | | | | | 约合人民币 元] | 1,444,009.60 | | | 产品期限 | 产品无固定存续期限（若产品提前终止，以理财产品实际存续 | | | | | 天数为准），最短持有期自产品认购/申购确认日（含当日） | | | | | 起【90】个自然日。 | | | | 特别风险提示 | 产品提前终止 | | | 公司自有流动资金。 （三 ...

Quantitative Factors and Construction Methods - **Factor Name**: Large Order Transaction Amount Ratio **Factor Construction Idea**: This factor captures the buying behavior of large capital by analyzing the proportion of large order transaction amounts in the total daily transaction amount[8] **Factor Construction Process**: 1. Use tick-by-tick transaction data to identify buy and sell orders based on the sequence numbers of bids and asks 2. Filter transactions by order size to identify large orders 3. Calculate the proportion of large buy order transaction amounts in the total daily transaction amount **Formula**: $ \text{Large Order Transaction Amount Ratio} = \frac{\text{Large Buy Order Transaction Amount}}{\text{Total Daily Transaction Amount}} $ **Evaluation**: This factor effectively reflects the buying behavior of large capital[8] - **Factor Name**: Net Active Buy Transaction Amount Ratio **Factor Construction Idea**: This factor measures the active buying behavior of investors by calculating the net active buy transaction amount as a proportion of the total daily transaction amount[8] **Factor Construction Process**: 1. Use tick-by-tick transaction data to classify each transaction as either active buy or active sell based on the buy/sell indicator 2. Subtract the active sell transaction amount from the active buy transaction amount to obtain the net active buy transaction amount 3. Calculate the proportion of the net active buy transaction amount in the total daily transaction amount **Formula**: $ \text{Net Active Buy Transaction Amount Ratio} = \frac{\text{Active Buy Transaction Amount} - \text{Active Sell Transaction Amount}}{\text{Total Daily Transaction Amount}} $ **Evaluation**: This factor provides insights into the active buying tendencies of investors[8] --- Factor Backtesting Results - **Large Order Transaction Amount Ratio**: - Top 10 stocks with the highest 5-day average values: 1. Hanjiang Heshan (603616.SH): 93.5%, 99.2% time-series percentile[10] 2. Minbao Optoelectronics (301362.SZ): 89.7%, 98.4% time-series percentile[10] 3. Hangdian Co., Ltd. (603618.SH): 86.1%, 99.6% time-series percentile[10] 4. Jinzhengda (002470.SZ): 85.2%, 83.9% time-series percentile[10] 5. Guofa Co., Ltd. (600538.SH): 84.9%, 92.4% time-series percentile[10] 6. Shunna Co., Ltd. (000533.SZ): 84.7%, 100.0% time-series percentile[10] 7. Quanzhu Co., Ltd. (603030.SH): 84.6%, 94.4% time-series percentile[10] 8. Beijing Investment Development (600683.SH): 84.5%, 96.0% time-series percentile[10] 9. Chongqing Steel (601005.SH): 84.3%, 52.2% time-series percentile[10] 10. Huadian International (600027.SH): 83.6%, 95.2% time-series percentile[10] - **Net Active Buy Transaction Amount Ratio**: - Top 10 stocks with the highest 5-day average values: 1. Minsheng Bank (600016.SH): 21.1%, 100.0% time-series percentile[11] 2. Kairuide (002072.SZ): 20.3%, 99.6% time-series percentile[11] 3. Intercontinental Oil & Gas (600759.SH): 19.5%, 100.0% time-series percentile[11] 4. Boen Group (001366.SZ): 17.8%, 100.0% time-series percentile[11] 5. Bowan Technology (600883.SH): 17.5%, 99.6% time-series percentile[11] 6. Xiangyou Technology (600476.SH): 16.8%, 99.2% time-series percentile[11] 7. Zhejiang Commercial Bank (601916.SH): 16.8%, 94.4% time-series percentile[11] 8. General Elevator (300931.SZ): 15.9%, 100.0% time-series percentile[11] 9. Weier Pharmaceutical (603351.SH): 15.3%, 94.0% time-series percentile[11] 10. Ruierte (002790.SZ): 15.2%, 98.4% time-series percentile[11]

Core Viewpoint - The company, Yunnan Bowen Technology Industrial Co., Ltd., has announced an investment in a low-risk entrusted financial product, specifically the Bank of China Wealth Management QDII Daily Plan (USD version), with an investment amount of $2,045,700.00, aiming to enhance the efficiency and yield of its idle funds while ensuring liquidity for daily operations [2][3][17]. Investment Overview - Investment Purpose: The company intends to utilize its idle funds for entrusted financial products to improve fund efficiency and returns while ensuring that daily operational funds remain unaffected [3]. - Investment Amount: The principal amount for this investment is $2,045,700.00 [2][3]. - Source of Funds: The investment will be made using the company's own liquid funds [4]. - Investment Method: The company will purchase the entrusted financial product through the Bank of China, specifically the Bank of China Wealth Management QDII Daily Plan (USD version) [5]. Investment Terms - Investment Duration: The maximum amount for entrusted financial business is capped at RMB 100 million, which is 10.27% of the company's audited net assets for 2024. The investment can be rolled over within 12 months from the board's approval date [6]. - Contractual Details: The entrusted party is Shangri-La City Bowen Food Co., Ltd., a wholly-owned subsidiary of the company [5]. Risk Analysis and Control Measures - Risk Analysis: The chosen financial product is classified as low-risk, but it may still face market, credit, liquidity, operational, management, legal, policy, and other risks [8][10][12][17]. - Risk Control Measures: The company has established internal control procedures and will conduct regular audits and supervision of the investment to mitigate risks [13][14][16]. Impact on the Company - Financial Reporting: The investment will be recorded as trading financial assets on the balance sheet, with any returns recognized as investment income in the profit and loss statement [17].

本公司董事会及全体董事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、准确性和完整性依法承担法律责任。 重要内容提示： 投资种类：委托理财 投资金额：2,045,700.00 美元 履行的审议程序：2025 年 4 月 29 日，公司第十二届董事会第七次会议审议通 过了《关于提请董事会预先授权进行委托理财的议案》。 特别风险提示：公司本次选择购买的中银理财-QDII 日计划（美元版）（产品 代码 RJHQDUSD01）委托理财产品属于金融资产，风险等级为低风险。该产品可能面临 市场风险、信用风险、流动性风险、操作风险和管理风险等，证券市场价格因受各种 因素的影响所引起的波动，将对该产品产生潜在风险。预计该产品的 7 日年化收益率 为 3.32%，该产品无固定存续期限，具体收益以审计结果为准。 一、本次投资情况概述 （一）投资目的 证券代码：600883 证券简称：博闻科技 公告编号：临2026-002 云南博闻科技实业股份有限公司 委托理财进展公告 公司根据流动资产状况，为合理运用公司自有资金，在评估资金安全、提高资金 收益率、保障资金流动性的基础上，在确保日常经营所需资金的前 ...

Market Overview - The planting industry sector increased by 0.28% compared to the previous trading day, with Xue Rong Biological leading the gains [1] - The Shanghai Composite Index closed at 4102.2, up by 0.85%, while the Shenzhen Component Index closed at 14156.27, up by 0.21% [1] Top Gainers in Planting Sector - Xue Rong Biological (300511) closed at 6.27, up by 4.85% with a trading volume of 387,000 shares and a transaction value of 240 million [1] - Nongfa Seed Industry (600313) closed at 8.25, up by 4.04% with a trading volume of 2.6166 million shares and a transaction value of 2.121 billion [1] - Nuo Puxin (002215) closed at 11.49, up by 3.42% with a trading volume of 272,400 shares and a transaction value of 310 million [1] Top Losers in Planting Sector - Dunhuang He V (600354) closed at 7.15, down by 2.59% with a trading volume of 1.1124 million shares and a transaction value of 799 million [2] - Qiu Le Seed Industry (920087) closed at 19.82, down by 2.36% with a trading volume of 256,800 shares and a transaction value of 530 million [2] - Wanxiang Denong (600371) closed at 9.45, down by 1.97% with a trading volume of 346,300 shares and a transaction value of 329 million [2] Capital Flow Analysis - The planting industry sector experienced a net outflow of 709 million from main funds, while retail funds saw a net inflow of 504 million [2] - The main funds showed a net inflow in Xue Rong Biological of 36.2962 million, while retail funds had a net outflow of 14.1443 million [3] - Nuo Puxin had a net inflow from main funds of 29.0745 million, with retail funds also experiencing a net outflow of 789,280 [3]

Core Viewpoint - The company, Yunnan Bowen Technology Co., Ltd., has announced a significant decrease in its expected net profit for the year 2025, projecting a decline of 60% to 70% compared to the previous year [2][4]. Group 1: Performance Forecast - The company expects a net profit attributable to shareholders of between 21.64 million and 28.86 million yuan for 2025, a decrease of 43.29 million to 50.51 million yuan from the previous year [2][4]. - The projected net profit, excluding non-recurring gains and losses, is estimated to be between 15.04 million and 21.99 million yuan, reflecting a reduction of 35.88 million to 42.83 million yuan year-on-year [2][4]. Group 2: Previous Year’s Performance - In the previous year, the total profit was 70.88 million yuan, with a net profit attributable to shareholders of 72.15 million yuan, and a net profit excluding non-recurring gains and losses of 57.87 million yuan [6]. Group 3: Reasons for Performance Decrease - The primary reasons for the expected decrease in performance include a reduction in long-term equity investment income accounted for using the equity method and a decline in the fair value change gains of trading financial assets [8].

Core Viewpoint - The company, Bowan Technology (600883), is actively engaged in the export of edible mushroom products, primarily targeting the European market through direct sales [1] Group 1: Business Operations - The company's edible mushroom business includes frozen delicious porcini, dried porcini, and dried morel products [1] - The business operations are conducted by the company's wholly-owned subsidiary, Shangri-La Bowan Food Co., Ltd., which serves as the main operating entity [1] - The company primarily exports its products directly to customers in Europe [1]

Core Viewpoint - The company, Bo Wen Technology (600883), has announced a significant decline in its expected net profit for 2025, forecasting a decrease of 60%-70% year-on-year, with net profit projected between 21.64 million to 28.86 million yuan [4]. Financial Performance - The expected non-recurring net profit for 2025 is estimated to be between 15.04 million to 21.99 million yuan, reflecting a year-on-year decline of 62%-74% [4]. - As of January 23, the company's price-to-earnings ratio (TTM) is approximately 69.7 to 92.95 times, with a price-to-book ratio (LF) of about 2.05 times and a price-to-sales ratio (TTM) of around 35.72 times [4]. Historical Performance - The company has experienced a notable decrease in its long-term equity investment income and fair value changes in trading financial assets, which are the primary reasons for the anticipated decline in performance [13]. - Historical data indicates a trend of fluctuating net profit and non-recurring net profit, with significant changes observed in recent years [14].

Core Viewpoint - The company expects a significant decrease in net profit for the fiscal year 2025, projecting a range of 21.64 million to 28.86 million yuan, which represents a year-on-year decline of 60% to 70% [1] Financial Performance - The primary reason for the expected decrease in performance is attributed to a reduction in equity method investment income and a decline in the fair value change gains of trading financial assets compared to the previous year [1]