Core Viewpoint - Jiangsu Cable (sh600959) reached its daily limit up on January 23, 2026, with a price of 4.07 yuan, a 10% increase, and a total market capitalization of 20.353 billion yuan, driven by major shareholder buybacks, performance growth, and strategic upgrades [1] Group 1: Company Performance - The company reported a year-on-year net profit increase of 52.07%, with significant contributions from investment income and government subsidies, leading to an improvement in cash flow by over 10 times [1] - The total trading volume on the day was 680 million yuan, indicating strong market interest [1] Group 2: Shareholder Actions - The controlling shareholder increased their stake through a 135 million yuan loan, demonstrating confidence in the company's future and sending a positive signal to the market [1] - The shareholder's name change reflects a provincial strategic support for the "cultural technology" upgrade, which may provide long-term development assistance [1] Group 3: Management and Governance - The new executive team possesses local management experience and advanced qualifications, which may help in gradually standardizing the governance structure [1] Group 4: Industry Context - The broadcasting industry has recently gained attention, with some stocks in the same sector showing active performance [1] - Data from Tonghuashun indicates capital inflow into the media sector on that day, creating a certain level of sectoral linkage effect [1] - Technically, the stock broke through short-term moving average resistance, with the MACD indicator showing an upward golden cross trend, indicating strengthened short-term bullish momentum [1]

Market Overview - The television broadcasting sector increased by 0.6% compared to the previous trading day, with Liujin Technology leading the gains [1] - The Shanghai Composite Index closed at 4122.58, up 0.14%, while the Shenzhen Component Index closed at 14327.05, up 0.5% [1] Stock Performance - Liujin Technology (code: 920021) closed at 11.50, up 5.99% with a trading volume of 691,900 shares and a transaction value of 810 million yuan [1] - Other notable stocks include: - Haizhu Co., Ltd. (code: 301262) closed at 26.39, up 1.46% [1] - Oriental Pearl (code: 600637) closed at 11.87, up 1.45% [1] - Huashu Media (code: 000156) closed at 8.20, up 1.23% [1] - Jiangsu Cable (code: 600959) closed at 3.70, up 1.09% [1] Capital Flow - The television broadcasting sector experienced a net outflow of 50.0731 million yuan from institutional investors, while retail investors saw a net inflow of 60.9011 million yuan [2] - The capital flow for key stocks includes: - Oriental Pearl had a net inflow of 64.6997 million yuan from institutional investors [3] - Liujin Technology saw a net inflow of 38.8144 million yuan from institutional investors [3] - Haizhu Co., Ltd. had a net inflow of 10.1151 million yuan from institutional investors [3]

Market Overview - The television broadcasting sector experienced a slight decline of 0.04% compared to the previous trading day, with LiuJin Technology leading the losses [1] - The Shanghai Composite Index closed at 4116.94, up 0.08%, while the Shenzhen Component Index closed at 14255.12, up 0.7% [1] Stock Performance - Key stocks in the television broadcasting sector showed varied performance, with JiShi Media rising by 4.36% to a closing price of 4.07, and LiuJin Technology falling by 4.74% to 10.85 [1][2] - Other notable performers included: - Dianguang Media: closed at 11.33, up 0.80% - GuiGuang Network: closed at 9.48, up 0.74% - Tianwei Video: closed at 8.37, up 0.48% - Jiangsu Cable: remained unchanged at 3.66 [1][2] Capital Flow - The television broadcasting sector saw a net inflow of 1.03 billion yuan from institutional investors, while retail investors experienced a net outflow of 1.41 billion yuan [2] - Detailed capital flow for key stocks included: - JiShi Media: net inflow of 62.57 million yuan from institutional investors - Dianguang Media: net inflow of 26.89 million yuan from institutional investors - Dongfang Mingzhu: net inflow of 25.27 million yuan from institutional investors [3]

Market Overview - The television broadcasting sector experienced a decline of 5.99% on the trading day, with Liujin Technology leading the drop [1] - The Shanghai Composite Index closed at 4101.91, down 0.26%, while the Shenzhen Component Index closed at 14281.08, down 0.18% [1] Individual Stock Performance - Liujin Technology (code: 920021) closed at 9.75, down 13.95% with a trading volume of 727,700 shares and a turnover of 743 million yuan [1] - Oriental Pearl (code: 600637) closed at 13.41, down 10.00% with a trading volume of 2,580,100 shares and a turnover of 3.615 billion yuan [1] - Jishi Media (code: 601929) closed at 3.92, down 8.20% with a trading volume of 3,989,500 shares and a turnover of 1.612 billion yuan [1] - Tianwei Video (code: 002238) closed at 8.42, down 7.06% with a trading volume of 1,284,500 shares and a turnover of 244 million yuan [1] - Huashu Media (code: 000156) closed at 8.23, down 5.18% with a trading volume of 304,600 shares and a turnover of 254 million yuan [1] - Dianguang Media (code: 000917) closed at 11.23, down 5.15% with a trading volume of 1,198,600 shares and a turnover of 1.367 billion yuan [1] - Jiangsu Cable (code: 600959) closed at 3.65, down 4.20% with a trading volume of 932,700 shares and a turnover of 345 million yuan [1] - Hubei Broadcasting (code: 000665) closed at 5.72, down 4.19% with a trading volume of 567,500 shares and a turnover of 327 million yuan [1] - New Media Co. (code: 300770) closed at 45.77, down 3.80% with a trading volume of 73,400 shares and a turnover of 339 million yuan [1] - Beitou Technology (code: 600936) closed at 4.31, down 3.36% with a trading volume of 518,800 shares and a turnover of 226 million yuan [1] Capital Flow Analysis - The television broadcasting sector saw a net outflow of 1.069 billion yuan from institutional investors, while retail investors had a net inflow of 823 million yuan [1] - The following stocks experienced significant capital flow changes: - Oriental Pearl had a net outflow of 53.6 million yuan from institutional investors, with a retail net inflow of 41.5 million yuan [2] - Jishi Media had a net outflow of 19 million yuan from institutional investors, with a retail net inflow of 20.3 million yuan [2] - Dianguang Media had a net outflow of 16.1 million yuan from institutional investors, with a retail net inflow of 11.6 million yuan [2] - Liujin Technology had a net outflow of 85.36 million yuan from institutional investors, with a retail net inflow of 367,700 yuan [2] - New Media Co. had a net outflow of 31.62 million yuan from institutional investors, with a retail net inflow of 15.26 million yuan [2]

Core Viewpoint - Jiangsu Cable experienced a decline of 1.04% in stock price on January 15, with a trading volume of 348 million yuan, indicating a potential concern in market sentiment towards the company [1]. Financing Summary - On January 15, Jiangsu Cable had a financing buy-in amount of 34.77 million yuan and a financing repayment of 37.12 million yuan, resulting in a net financing outflow of 2.35 million yuan [1]. - As of January 15, the total financing and securities lending balance for Jiangsu Cable was 578 million yuan, with the financing balance accounting for 3.02% of the circulating market value, which is above the 70th percentile of the past year [1]. - The company repaid 32,200 shares in securities lending on January 15, with a selling amount of 9,144 yuan, and the securities lending balance was 1.38 million yuan, indicating a low level compared to the 10th percentile of the past year [1]. Company Overview - Jiangsu Cable, established on July 10, 2008, and listed on April 28, 2015, operates in the construction and operation of broadcasting networks, transmission of television programs, broadband data services, and development of digital TV value-added services [2]. - The main revenue sources for Jiangsu Cable include: - Viewing maintenance fees (24.98%) - Urban construction support fees (20.20%) - Data service business (18.64%) - Engineering settlement (17.85%) - Equipment sales (11.03%) - Digital TV value-added services (2.60%) - Mobile communication operation income (1.68%) - Video access fees (1.57%) - Asset rental (0.72%) - Advertising income (0.52%) - Other (0.12%) [2]. - As of October 31, Jiangsu Cable had 97,500 shareholders, a decrease of 1.03% from the previous period, with an average of 51,289 circulating shares per person, an increase of 1.04% [2]. Financial Performance - For the period from January to September 2025, Jiangsu Cable reported a revenue of 5.803 billion yuan, reflecting a year-on-year growth of 2.79%, and a net profit attributable to shareholders of 313 million yuan, which is a significant increase of 40.73% year-on-year [2]. Dividend Information - Jiangsu Cable has distributed a total of 2.075 billion yuan in dividends since its A-share listing, with 315 million yuan distributed over the past three years [3]. Institutional Holdings - As of September 30, 2025, the second-largest circulating shareholder of Jiangsu Cable was Hong Kong Central Clearing Limited, holding 45.735 million shares, a decrease of 2.6295 million shares from the previous period [3]. - The Southern CSI 500 ETF ranked as the fourth-largest circulating shareholder, holding 36.4242 million shares, down by 867,900 shares from the previous period [3].

Market Overview - The television broadcasting sector experienced a decline of 1.8% compared to the previous trading day, with Liujin Technology leading the drop [1] - The Shanghai Composite Index closed at 4112.6, down 0.33%, while the Shenzhen Component Index closed at 14306.73, up 0.41% [1] Stock Performance - Tianwei Video (002238) closed at 9.06, up 1.46% with a trading volume of 337,400 shares and a transaction value of 309 million yuan [1] - Dongfang Mingzhu (600637) closed at 14.90, up 0.27% with a trading volume of 3,193,700 shares [1] - Liujin Technology (920021) saw a significant drop of 16.51%, closing at 11.33 with a trading volume of 845,100 shares [2] - Jishi Media (601929) closed at 4.27, down 6.97% with a trading volume of 4,543,700 shares [2] Capital Flow - The television broadcasting sector had a net outflow of 700 million yuan from institutional investors, while retail investors saw a net inflow of 588 million yuan [2] - The main capital inflow and outflow for selected stocks showed varied trends, with Tianwei Video receiving a net inflow of 42.25 million yuan from institutional investors [3] - Wireless Media (301551) experienced a net outflow of 18.47 million yuan from institutional investors, while retail investors contributed a net inflow of 15.25 million yuan [3]

Market Overview - The television broadcasting sector experienced a decline of 0.28% on the previous trading day, with Dongfang Mingzhu leading the drop [1] - The Shanghai Composite Index closed at 4126.09, down 0.31%, while the Shenzhen Component Index closed at 14248.6, up 0.56% [1] Stock Performance - Liujin Technology (920021) saw a significant increase of 29.98%, closing at 13.57, with a trading volume of 1.2659 million shares and a transaction value of 1.558 billion [1] - New Media Co. (300770) increased by 4.31%, closing at 48.14, with a trading volume of 157,600 shares and a transaction value of 755 million [1] - Hubei Broadcasting (000665) rose by 2.32%, closing at 6.17, with a trading volume of 863,800 shares and a transaction value of 533 million [1] - Dongfang Mingzhu (600637) decreased by 3.44%, closing at 14.86, with a trading volume of 5.0112 million shares and a transaction value of 7.626 billion [2] Capital Flow - The television broadcasting sector experienced a net outflow of 1.193 billion from institutional investors, while retail investors saw a net inflow of 1.089 billion [2] - The capital flow for individual stocks indicates that Liujin Technology had a net inflow of 363 million from institutional investors, representing 23.32% of its total [3] - New Media Co. faced a net outflow of 51.2847 million from institutional investors, with a net outflow of 45.4842 million from speculative funds [3]

Core Insights - The television broadcasting sector experienced a rise of 1.25% on the trading day, with Oriental Pearl leading the gains [1] - The Shanghai Composite Index closed at 4085.77, up 0.05%, while the Shenzhen Component Index closed at 14030.56, up 0.06% [1] Stock Performance - Oriental Pearl (600637) closed at 11.01, with a significant increase of 9.99% and a trading volume of 1.67 million shares [1] - Other notable stocks include: - Huashu Media (000156) at 7.82, up 0.39% [1] - Gehua Cable (600037) at 7.47, up 0.13% [1] - Jiangsu Cable (600959) at 3.51, down 0.57% [1] - Gu Guang Network (600996) at 9.87, down 0.90% [1] Capital Flow - The television broadcasting sector saw a net inflow of 46.91 million yuan from institutional investors, while retail investors contributed a net inflow of 78.78 million yuan [2] - Notably, there was a net outflow of 126 million yuan from speculative funds [2] Individual Stock Capital Flow - Oriental Pearl had a net inflow of 43.5 million yuan from institutional investors, but a net outflow of 22.5 million yuan from speculative funds [3] - Other stocks with significant capital flow include: - Gehua Cable with a net inflow of 10.40 million yuan from institutional investors [3] - Huashu Media with a net inflow of 7.69 million yuan from institutional investors [3] - Guangxi Broadcasting (600936) experienced a net outflow of 3.88 million yuan from institutional investors [3]

Market Overview - The television broadcasting sector increased by 0.33% compared to the previous trading day, with Liujin Technology leading the gains [1] - The Shanghai Composite Index closed at 3968.84, up 0.09%, while the Shenzhen Component Index closed at 13525.02, down 0.58% [1] Stock Performance - Liujin Technology (code: 920021) closed at 6.72, up 2.13% with a trading volume of 116,600 shares and a transaction value of 78.04 million yuan [1] - Oriental Pearl (code: 600637) closed at 9.85, up 1.86% with a trading volume of 684,100 shares and a transaction value of 670 million yuan [1] - Jishi Media (code: 601929) closed at 3.44, up 1.78% with a trading volume of 1,868,400 shares and a transaction value of 637 million yuan [1] - Other notable stocks include Wireless Media (code: 301551) at 31.55, up 1.02%, and Guiguang Network (code: 600996) at 10.04, up 1.01% [1] Capital Flow - The television broadcasting sector experienced a net outflow of 92.59 million yuan from institutional investors, while retail investors saw a net outflow of 4.83 million yuan [2] - Conversely, speculative funds recorded a net inflow of 97.42 million yuan [2] Individual Stock Capital Flow - Oriental Pearl had a net inflow of 52.72 million yuan from institutional investors, but a net outflow of 36.30 million yuan from retail investors [3] - Jishi Media saw a net inflow of 49.38 million yuan from institutional investors, with a net outflow of 41.80 million yuan from retail investors [3] - Huashu Media (code: 000156) had a net inflow of 9.33 million yuan from institutional investors, but a significant net outflow of 10.82 million yuan from retail investors [3]

Group 1 - The core point of the article is that Jiangsu Cable (600959) has reported its shareholder count as of October 31, 2025, which is projected to be 97,500 households [1]