Core Viewpoint - Hongxun Technology (603015.SH) is actively involved in the nuclear fusion sector, providing high-performance power systems for Tokamak devices, and has secured significant contracts related to international fusion projects [1] Group 1: Company Activities - The subsidiary EEI has long collaborated with foreign research institutions on physics project research, particularly in the nuclear fusion field [1] - EEI has previously participated in the ITER project, supplying power systems for the JT-60SA superconducting Tokamak device [1] - Currently, EEI has two active orders: one for a high-precision power solution for the divertor Tokamak test device worth €3.6 million, and another for a magnet power project worth €800,000, both scheduled for delivery by the end of 2025 [1] Group 2: Industry Engagement - The EEI team is actively participating in discussions on nuclear fusion in key regions worldwide, seeking collaboration opportunities with China and other countries on various nuclear fusion projects [1]

Core Insights - Hongxun Technology experienced a 4.86% decline in stock price on November 20, with a trading volume of 155 million yuan [1] - The company reported a financing net buy of -1.69 million yuan on the same day, indicating a higher amount of financing repayment compared to new financing [1] - As of November 20, the total balance of margin trading for Hongxun Technology was 149 million yuan, which is 3.13% of its circulating market value, indicating a low financing balance compared to the past year [1] Financing and Margin Trading - On November 20, Hongxun Technology had a financing buy amount of 11.19 million yuan, with a current financing balance of 149 million yuan [1] - The financing balance is below the 30th percentile level of the past year, suggesting a low level of investor confidence [1] - There were no shares sold or repaid in the securities lending market on the same day, with a lending balance of 0, indicating a high level of short selling activity compared to the past year [1] Company Overview - Hongxun Technology, established on September 5, 2001, and listed on March 3, 2015, is located in Ningbo, Zhejiang Province [1] - The company's main business involves the research, production, and sales of automation products for plastic machinery, with revenue composition as follows: Industrial Control 47.71%, Drive Systems 37.11%, New Energy 11.57%, and Others 3.61% [1] Financial Performance - As of September 30, 2025, Hongxun Technology reported a revenue of 609 million yuan, a year-on-year decrease of 5.65%, and a net profit attributable to shareholders of 32.05 million yuan, down 35.18% year-on-year [2] - The company has distributed a total of 364 million yuan in dividends since its A-share listing, with 101 million yuan distributed over the past three years [2] Shareholder Composition - As of September 30, 2025, the number of shareholders for Hongxun Technology was 34,300, a decrease of 22.16% from the previous period [2] - The average number of circulating shares per shareholder increased by 28.47% to 11,778 shares [2] - Notable institutional shareholders include various ETFs focused on robotics, with significant increases in holdings compared to previous periods [2]

Market Overview - The automation equipment sector experienced a decline of 1.01% on November 20, with Hongxun Technology leading the drop [1] - The Shanghai Composite Index closed at 3931.05, down 0.4%, while the Shenzhen Component Index closed at 12980.82, down 0.76% [1] Stock Performance - Notable gainers in the automation equipment sector included: - Andar Intelligent (688125) with a closing price of 70.14, up 2.20% [1] - Lianying Laser (688518) with a closing price of 25.19, up 1.08% [1] - Zhili Fang (301312) with a closing price of 44.86, up 0.90% [1] - Major decliners included: - Hongxun Technology (603015) with a closing price of 11.75, down 4.86% [2] - Hongying Intelligent (001266) with a closing price of 34.10, down 4.27% [2] - Xingchen Technology (920885) with a closing price of 19.11, down 4.11% [2] Capital Flow - The automation equipment sector saw a net outflow of 686 million yuan from institutional investors, while retail investors contributed a net inflow of 459 million yuan [2] - The sector's overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors increased their positions [2][3] Individual Stock Capital Flow - Notable capital flows for specific stocks included: - Dongjie Intelligent (300486) with a net inflow of 73.43 million yuan from institutional investors [3] - Wenchuan Technology (688529) with a net inflow of 46.54 million yuan from institutional investors [3] - Bojie Shares (002975) with a net inflow of 29.61 million yuan from institutional investors [3]

Core Viewpoint - 弘讯科技's stock price has shown a year-to-date increase of 27.06%, but recent trading indicates a decline, with a 2.06% drop on November 19 [1][2]. Group 1: Stock Performance - As of November 19, 弘讯科技's stock price is 12.35 CNY per share, with a market capitalization of 4.992 billion CNY [1]. - The stock has experienced a 0.80% decline over the last five trading days and a 2.66% increase over the last 20 days, while it has decreased by 4.78% over the last 60 days [2]. - The company has appeared on the龙虎榜 six times this year, with the most recent appearance on January 16, where it recorded a net buy of 1.6522 million CNY [2]. Group 2: Financial Performance - For the period from January to September 2025, 弘讯科技 reported a revenue of 609 million CNY, reflecting a year-on-year decrease of 5.65%, and a net profit attributable to shareholders of 32.0491 million CNY, down 35.18% year-on-year [2]. - Cumulative cash dividends since the company's A-share listing amount to 364 million CNY, with 101 million CNY distributed over the past three years [3]. Group 3: Shareholder Structure - As of September 30, 2025, 弘讯科技 had 34,300 shareholders, a decrease of 22.16% from the previous period, with an average of 11,778 circulating shares per shareholder, an increase of 28.47% [2]. - The top ten circulating shareholders include several ETFs focused on robotics, with notable increases in holdings from 易方达国证机器人产业ETF and 华夏中证机器人ETF [3].

Core Viewpoint - 弘讯科技's stock price has shown a significant increase this year, with a 32% rise, indicating strong market interest and potential growth in the automation equipment sector [1][2]. Company Overview - 弘讯科技, established on September 5, 2001, and listed on March 3, 2015, is located in Ningbo, Zhejiang Province. The company specializes in the research, production, and sales of plastic machinery automation products [1]. - The revenue composition of 弘讯科技 includes: Industrial Control 47.71%, Drive Systems 37.11%, New Energy 11.57%, and Others 3.61% [1]. Financial Performance - For the period from January to September 2025, 弘讯科技 reported a revenue of 609 million yuan, a year-on-year decrease of 5.65%. The net profit attributable to shareholders was 32.05 million yuan, down 35.18% year-on-year [2]. - Since its A-share listing, 弘讯科技 has distributed a total of 364 million yuan in dividends, with 101 million yuan distributed over the past three years [3]. Shareholder Structure - As of September 30, 2025, 弘讯科技 had 34,300 shareholders, a decrease of 22.16% from the previous period. The average number of tradable shares per shareholder increased by 28.47% to 11,778 shares [2]. - The top ten circulating shareholders include several ETFs focused on robotics, with notable increases in holdings for 易方达国证机器人产业ETF and 华夏中证机器人ETF [3].

Core Viewpoint - Ningbo Hongxun Technology Co., Ltd. has completed the registration of changes with the market supervision administration and has received a new business license following the cancellation of its supervisory board and amendments to its articles of association [1][2][3] Group 1: Company Changes - The company held its fifth board meeting and the first extraordinary shareholders' meeting in 2025 on August 22 and September 11, respectively, where it approved the proposal to cancel the supervisory board and amend the articles of association [1] - The new business license includes updated information such as the unified social credit code, company name, type, registered capital, and operational scope [1] Group 2: Business License Details - The new business license indicates that the registered capital is 404,219,000 RMB and the company is classified as a joint venture listed company [1] - The operational scope includes industrial automation products, IoT products, photovoltaic power generation equipment, and related services [1]

Core Viewpoint - Hongxun Technology announced the cancellation of its supervisory board and the revision of related rules, which has been approved in the upcoming board and shareholder meetings [2] Group 1 - The company will hold its fifth board meeting and the first extraordinary general meeting of shareholders in 2025 on August 22 and September 11, respectively [2] - The company has completed the business change registration and the filing of the revised articles of association with the Ningbo Market Supervision Administration [2] - A new business license has been obtained following the completion of the necessary procedures [2]

证券代码：603015 证券简称：弘讯科技 公告编号：2025-041 宁波弘讯科技股份有限公司 关于完成工商变更登记并换发营业执照的公告 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。 宁波弘讯科技股份有限公司（以下简称"公司"）分别于 2025 年 8 月 22 日 和 2025 年 9 月 11 日召开第五届董事会 2025 年第二次会议和 2025 年第一次临 时股东大会，审议通过了《关于取消监事会并修订<公司章程>及相关议事规则 的议案》，具体内容详见公司披露于上海证券交易所网站（www.sse.com.cn）及 指定媒体的《关于修订<公司章程>及制定、修订部分治理制度的公告》（公告编 号：2025-029）。 近日，公司于宁波市市场监督管理局依照相关规定和要求完成了变更登记手 续和章程的备案手续，并领取了新的《营业执照》，变更后的《营业执照》基本 信息如下： 统一社会信用代码：91330200730181413W 名称：宁波弘讯科技股份有限公司 类型：股份有限公司（中外合资、上市） 住所：浙江省宁波市北仑区大港五路 ...

Core Points - 弘讯科技 has completed the registration and filing procedures for changes with the Ningbo Market Supervision Administration, receiving a new business license [1] - The company is now officially named 宁波弘讯科技股份有限公司 with a unified social credit code of 91330200730181413W [1]

Core Viewpoint - 弘讯科技's stock price has shown a year-to-date increase of 29.42%, but recent trading indicates a decline, with a 2.02% drop on November 12 [1][2]. Group 1: Stock Performance - As of November 12, 弘讯科技's stock price is 12.58 CNY per share, with a market capitalization of 5.085 billion CNY [1]. - The stock has experienced a 1.87% decline over the last five trading days and a 0.48% increase over the last 20 days [2]. - The company has appeared on the龙虎榜 six times this year, with the most recent net buy of 1.6522 million CNY on January 16 [2]. Group 2: Financial Performance - For the period from January to September 2025, 弘讯科技 reported a revenue of 609 million CNY, a year-on-year decrease of 5.65%, and a net profit of 32.0491 million CNY, down 35.18% year-on-year [2]. - Cumulative cash dividends since the A-share listing amount to 364 million CNY, with 101 million CNY distributed over the last three years [3]. Group 3: Shareholder Structure - As of September 30, 2025, 弘讯科技 has 34,300 shareholders, a decrease of 22.16% from the previous period, with an average of 11,778 circulating shares per shareholder, an increase of 28.47% [2]. - The top ten circulating shareholders include several ETFs focused on robotics, with notable increases in holdings for 易方达国证机器人产业ETF and 华夏中证机器人ETF [3].