Group 1: Company Buybacks - Hengshi Technology's controlling shareholder, New Base Group, plans to increase its stake by 1.5%-3% [1][2] - Aorite intends to adjust the maximum repurchase price of its shares to no more than 35 yuan per share [2] Group 2: Company Sell-offs - Lichong Group's five executives plan to reduce their holdings by no more than 0.0642% of the company's shares [2] - Junda Co., the second-largest shareholder, intends to reduce its stake by no more than 3% [2] - Nanxing Co. has reduced its holdings by a total of 3.669 million shares as of January 12 [2] - China Nuclear Engineering's second-largest shareholder reduced its holdings by 7.8666 million shares from January 7 to 9, lowering its stake to 10% [2] - Tianyin Machinery's largest shareholder, Lanhai Ruixing, reduced its holdings by 1.2453 million shares on January 12 [2] - XW Communication's actual controller and chairman, Peng Hao, plans to reduce his stake by no more than 1% [2] - Aerospace Development's controlling and fourth-largest shareholders reduced their holdings during periods of significant stock price fluctuations [2] - Tianfu Communication's senior management has completed a reduction of 80,000 shares [2] - Zhongdian Port's fourth-largest shareholder recently reduced its holdings by 7.5969 million shares, bringing its stake below 5% [2] - Baiwei Storage's 20th largest shareholder, the National Integrated Circuit Fund Phase II, plans to reduce its stake by no more than 2% [2] - Qingmu Technology's largest and third-largest shareholders have recently reduced their holdings by a total of 1.9374 million shares [2] - Changxin Bochuang's shareholders plan to reduce their holdings by no more than 2.55% [2] - Qusleep Technology's shareholders plan to reduce their holdings by no more than 2.6% [2] - Zhuoyue New Energy's controlling shareholder, Longyan Zhuoyue Investment, plans to reduce its stake by no more than 3% [2]

Market Overview - On January 12, the market experienced a significant rally, with all three major indices rising over 1%. The Shanghai Composite Index increased by 1.09% to close at 4165.29 points, the Shenzhen Component rose by 1.75% to 14366.91 points, and the ChiNext Index gained 1.82% to 3388.34 points. The total trading volume in the Shanghai and Shenzhen markets reached 3.6 trillion yuan, marking the second consecutive day of surpassing 3 trillion yuan, an increase of 478.7 billion yuan compared to the previous trading day, setting a new historical record for trading volume in 2024 [1]. Sector Performance - The AI application sector saw a broad surge, with stocks like Ingrity Media achieving five consecutive daily limits, and other companies such as Liou Co., Meian Health, and Tianxia Show also hitting daily limits. The commercial aerospace sector continued its strong performance, with Jin Feng Technology achieving five consecutive limits and Tongyu Communications hitting three limits in four days. The controllable nuclear fusion concept also showed active performance, with China Nuclear Engineering hitting three limits in four days. Conversely, sectors such as insurance, oil and gas, and real estate experienced notable declines [1]. Stock Highlights - A total of 183 stocks in the market (excluding ST and delisted stocks) hit daily limits, with 45 stocks achieving consecutive limits. The overall limit rate was 79%. Notable stocks included Jiamei Packaging, which saw a change in control and achieved 13 limits in 17 days, and Fenglong Co., which achieved 12 consecutive limits. Other highlighted stocks included commercial aerospace stocks like Luxin Investment and Lei Ke Defense, which achieved 10 and 7 limits respectively, and AI application stock Zhi Te New Materials, which achieved six consecutive limits [1]. Emerging Trends - The commercial aerospace sector is gaining traction, with a reported 200,000 new satellite applications in China, primarily from the newly established Radio Innovation Institute. In the nuclear power and fusion sectors, Meta has partnered with Vistra, Oklo, and TerraPower to invest in nuclear power plants to supply electricity for AI applications. Additionally, Elon Musk announced plans to open-source new algorithms within a week, which will include codes for recommending natural content and advertisements to users [14].

中国核工业建设股份有限公司 简式权益变动报告书 上市公司名称：中国核工业建设股份有限公司 股票上市地点：上海证券交易所 股票简称：中国核建 股票代码：601611 信息披露义务人：中国信达资产管理股份有限公司 住所/通讯地址：北京市西城区闹市口大街 9 号院 1 号楼 股份变动性质：持股数量及比例减少 二〇二六年一月九日 信息披露义务人声明 一、信息披露义务人依据《中华人民共和国证券法》《上市公司收购管理办 法》《公开发行证券的公司信息披露内容与格式准则第 15 号—权益变动报告书》 及相关法律法规编写本权益变动报告书（以下简称"本报告书"）。 二、信息披露义务人签署本报告书已获得必要的授权和批准，其履行亦不违 反信息披露义务人公司章程或内部规则中的任何条款，或与之相冲突。 三、依据《中华人民共和国证券法》《上市公司收购管理办法》《公开发行 证券的公司信息披露内容与格式准则第 15 号—权益变动报告书》的规定，本报 告书已全面披露了信息披露义务人在中国核工业建设股份有限公司拥有权益的 股份变动情况。截至本报告书签署之日，除本报告书披露的信息外，信息披露义 务人没有通过任何其他方式增加或减少其在中国核工业建设股 ...

证券代码：601611 证券简称：中国核建 公告编号：2026-005 中国核工业建设股份有限公司 关于持股 5%以上股东权益变动触及 5%整数倍的提示性公告 投资者中国信达资产管理股份有限公司保证向本公司提供的信息真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 本公司董事会及全体董事保证公告内容与信息披露义务人提供的信息一致。 重要内容提示： | 权益变动方向 | 比例增加□ | | 比例减少√ | | --- | --- | --- | --- | | 权益变动前合计比例 | 10.26% | | | | 权益变动后合计比例 | 10.00% | | | | 本次变动是否违反已作出的承 | 是□ | 否√ | | | 诺、意向、计划 | | | | | 是否触发强制要约收购义务 | 是□ | 否√ | | 一、信息披露义务人及其一致行动人的基本信息 1.身份类别 （一）本次权益变动为中国信达履行此前披露的减持计划，不触及要约收购， 具体内容详见公司于 2025 年 10 月 28 日披露的《中国核建股东减持股份计划公 告》（公告编号：2025-066）,本次减持与已披露的减持计划一致。截至本公告 ...

Group 1 - China National Nuclear Corporation announced that China Cinda Asset Management Co., Ltd. will reduce its holdings by 7.8666 million shares from January 7 to 9, 2026, accounting for approximately 0.26% of the total share capital of the listed company [1] - After the reduction, China Cinda will hold 301 million shares, representing about 10.00% of the company's total share capital [1]

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 603778 | 国晟科技 | 23.43 | 10.00% | 63.91万 | 14.72亿 | | 601611 | 中国核建 | 19.94 | 9.98% | 282.40万 | 53.60亿 | | 300949 | 奧雅股份 | 43.51 | 7.54% | 3.39万 | 1.44亿 | | 002431 | 棕櫚股份 | 2.88 | 4.73% | 216.17万 | 6.16亿 | | 600853 | 龙建股份 | 4.64 | 3.11% | 77.72万 | 3.63亿 | | 300948 | 冠中生态 | 26.85 | 3.03% | 17.77万 | 4.67亿 | | 603007 | *ST花王 | 5.90 | 2.79% | 29.52万 | 1.73亿 | | 603955 | 大千生态 | 30.77 | 2.74% | 3.00万 | 9157.03万 | | 002062 | 宏润建设 | 9. ...

Core Viewpoint - China Nuclear Engineering Corporation (CNEC) announced that its major shareholder, China Cinda Asset Management Co., Ltd., will reduce its stake by 7.8666 million shares, representing approximately 0.26% of the total shares, from 10.26% to 10.00% [1] Group 1 - The share reduction will occur between January 7 and January 9, 2026, through a centralized bidding process [1] - The reduction aligns with the previously disclosed plan and will not lead to changes in the controlling shareholder or actual controller of the company [1] - The governance structure and ongoing operations of the company will not be significantly impacted by this share reduction [1]

Investment Rating - The report maintains an "Overweight" rating for the construction and engineering sector and the building materials sector [9] Core Insights - The construction activity indicators have shown significant improvement at the beginning of 2026, with increased operating rates for cement mills and concrete mixing stations, alongside a rise in building steel sales [12][20] - The commercial aerospace sector is expected to see a surge in demand for high-temperature materials and perovskite materials due to the acceleration of satellite launches [12][13] - The report suggests a balanced investment strategy between emerging industries and traditional sectors in Q1 2026, with a focus on companies like Jinggong Steel Structure, Sichuan Road and Bridge, and China Nuclear Engineering [12][10] Summary by Sections Construction and Engineering - The construction sector is benefiting from improved PMI indicators and government policies aimed at boosting domestic demand, with a focus on steel structures and fiberglass [12][13] - Key metrics include a national cement mill operating rate of 36.6%, up 6.6 percentage points month-on-month and 14.1 percentage points year-on-year [12] Building Materials - The report highlights a slight decrease in national cement prices by 0.1% to 358 CNY per ton, with a 38.7% shipment rate [20] - The average price of float glass is reported at 60 CNY per weight box, showing a week-on-week increase of 0.2% [21] Recommended Companies - The report recommends several companies for investment, including: - China National Materials (600970 CH) with a target price of 14.23 CNY and a "Buy" rating [10] - Sichuan Road and Bridge (600039 CH) with a target price of 13.48 CNY and a "Buy" rating [10] - Jinggong Steel Structure (600496 CH) with a target price of 5.75 CNY and a "Buy" rating [10] - Other recommended companies include China Glass (600176 CH), Oriental Yuhong (002271 CH), and Huaneng Renewables (600552 CH) [10][31]

Group 1 - The controllable nuclear fusion concept stocks experienced a significant rise, with the sector index increasing by over 4% as of the report time [1] - Notable stocks include Tianli Composite, which surged by 28.20%, and Zhongtai Co., which saw a 20.02% increase [2][3] - Other companies like China Nuclear Construction and Snowman Group reached their daily limit up, while several others, including Ha Welding and Changfu Co., rose by over 10% [3] Group 2 - Tianli Composite's total market value reached 134.1 billion, with a current price of 122.83 [2] - Zhongtai Co. has a total market value of 121.9 billion, with a current price of 31.60 [2] - China Nuclear Construction's market value is 601.01 billion, with a current price of 19.94, reflecting a 49.98% increase [2]

Core Viewpoint - The controllable nuclear fusion concept stocks experienced a significant surge, with the sector index rising over 4% as of the report's publication [1]. Group 1: Stock Performance - Tianli Composite (azo576) saw a remarkable increase of 28.20%, with a total market value of 134.1 billion and a current price of 122.83 [2]. - Zhongtai Co., Ltd. (300435) achieved a 20.02% rise, with a total amount of 14.49 million and a market value of 121.9 billion, currently priced at 31.60 [2]. - Sry New Materials (688102) increased by 19.95%, with a total amount of 30.04 billion and a market value of 435.1 billion, currently priced at 56.15 [2]. - Guoguang Electric (688776) rose by 17.81%, with a total amount of 11.96 million and a market value of 149.4 billion, currently priced at 137.88 [2]. - Superconductor (688122) increased by 16.73%, with a total amount of 66.02 million and a market value of 704.9 billion, currently priced at 108.38 [2]. - Other notable performers include Shangda Co., Ltd. (301522) with a 14.77% increase, Hahai Huaton (301137) with an 11.68% rise, and Changfu Co., Ltd. (agозае) with a 10.35% increase [2][3]. Group 2: Market Trends - The surge in stock prices is attributed to the strong performance of several companies in the nuclear fusion sector, with multiple stocks reaching their daily limit up, including China Nuclear Construction, Snowman Group, Antai Technology, and Hezhu Intelligent [3].