Market Overview - On December 2, the Zhejiang state-owned enterprise reform sector fell by 0.07% compared to the previous trading day, with Chuangyuan Co., Ltd. leading the decline [1] - The Shanghai Composite Index closed at 3897.71, down 0.42%, while the Shenzhen Component Index closed at 13056.7, down 0.68% [1] Stock Performance - Yilida (002686) saw a significant increase of 10.00%, closing at 7.37 with a trading volume of 197,100 shares and a transaction value of 142 million [1] - Ningbo Fuda (600724) also performed well, increasing by 9.96% to close at 5.85, with a trading volume of 440,900 shares and a transaction value of 254 million [1] - Other notable gainers included Dehong Co. (603701) up 3.64% and Qianjiang Biochemical (600796) up 2.71% [1] Fund Flow Analysis - The Zhejiang state-owned enterprise reform sector experienced a net outflow of 65.2 million from institutional investors and 79.2 million from speculative funds, while retail investors saw a net inflow of 144 million [2][3] - Ningbo Fuda (600724) had a net inflow of 70.2 million from institutional investors, despite a net outflow of 31.7 million from speculative funds and 38.6 million from retail investors [3] - Yilida (002686) also experienced a net inflow of 62.3 million from institutional investors, with outflows from both speculative and retail investors [3]

Group 1: Shareholding Changes - Company Zhaoyi Innovation announced that several directors and senior management personnel plan to reduce their holdings by a total of 249,000 shares, with specific reductions from the vice chairman and general manager, as well as other vice presidents [1] - Company Super Aerospace announced a stock suspension due to its controlling shareholders planning a significant matter that may lead to a change in control [2] - Company Haosai is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws [5] Group 2: Major Contracts and Projects - Company Dajin Heavy Industry's wholly-owned subsidiary signed a contract worth approximately 1.339 billion yuan for a European offshore wind farm project, which represents 35.41% of the company's audited revenue for 2024 [3] - Company Ruifeng New Materials plans to increase capital by 200 million yuan in a related party to advance a lithium hexafluorophosphate project [6] Group 3: Regulatory Actions - Company Jushi Chemical received a notice from the CSRC regarding an investigation for suspected violations of information disclosure laws [4] - Company Huosai is also under investigation by the CSRC for similar reasons [5] Group 4: Investment and Acquisitions - Company Gao Neng Environment plans to acquire 45.2% equity in three mining companies [7] - Company Aerospace Electric intends to purchase 32% equity in Shenzhen Aerospace Electric Motor System Co., Ltd. through public bidding [8]

Summary of Key Points Core Viewpoint - Shareholders of Ningbo Jingda (603088.SH) plan to reduce their holdings of the company's stock through various methods, indicating potential changes in ownership structure and market sentiment [1][2]. Group 1: Shareholder Reduction Plans - Shareholder Zheng Gong intends to reduce his holdings by up to 2.1778 million shares, representing a maximum of 0.43% of the total shares [1] - Shareholder Xu Jianfen plans to reduce his holdings by up to 1.2188 million shares, representing a maximum of 0.24% of the total shares [1] - Shareholder Guangda Investment plans to reduce his holdings by up to 0.8644 million shares through centralized bidding, representing a maximum of 0.17% of the total shares, and by up to 5.3375 million shares through block trading, representing a maximum of 1.06% of the total shares [1] Group 2: Additional Shareholder Plans - Shareholder Jingwei Investment plans to reduce his holdings by up to 0.7628 million shares through centralized bidding, representing a maximum of 0.15% of the total shares, and by up to 4.7103 million shares through block trading, representing a maximum of 0.94% of the total shares [2]

证券代码：603088 证券简称：宁波精达 公告编号：2025-060 股东及董事减持股份计划公告 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。 重要内容提示： 股东持股的基本情况 截止至本公告披露日，公司董事郑功持有宁波精达成形装备股份有限公司 （以下简称"公司"）无限售条件流通股 11,725,609 股，占公司总股本的 2.33%； 宁波广达投资有限公司（该投资公司为宁波精达员工持股平台，以下简称"广达 投资"）持有公司无限售条件流通股 20,108,564 股，占公司总股本的 4.00%；宁 波精微投资有限公司（该投资公司为宁波精达员工持股平台，以下简称"精微投 资"）持有公司无限售条件流通股 17,711,480 股，占公司总股本的 3.53%。股东 徐俭芬持有公司无限售条件流通股 1,218,849 股，占公司总股本的 0.24%，上述 股东股份都来源于公司资本公积金转增股本取得的股份。 减持计划的主要内容 郑功计划自本公告披露之日起 15 个交易日后的 3 个月内（即 2025 年 12 月 16 日 ...

Summary of Key Points Core Viewpoint - Ningbo Jinda announced that several shareholders plan to reduce their holdings through concentrated bidding and block trading, indicating potential changes in ownership structure and investor sentiment towards the company [1] Shareholder Reduction Plans - Director Zheng Gong holds 11.7256 million shares, accounting for 2.33%, and plans to reduce holdings by up to 2.1778 million shares, which is 0.43% of total shares [1] - Xu Jianfen holds 1.2188 million shares, representing 0.24%, and intends to reduce holdings by up to 1.2188 million shares, equating to 0.24% [1] - Guangda Investment holds 20.1086 million shares, or 4.00%, and plans to reduce holdings by up to 864,400 shares through concentrated bidding and up to 5.3375 million shares via block trading, totaling a maximum of 6.2019 million shares, which is 1.23% [1] - Jingwei Investment holds 17.7115 million shares, representing 3.53%, and intends to reduce holdings by up to 762,800 shares through concentrated bidding and up to 4.7103 million shares via block trading, totaling a maximum of 5.4731 million shares, which is 1.09% [1]

Core Viewpoint - The company, Ningbo Jinda, reported a positive outlook on its order situation, indicating growth and high capacity utilization, with production scheduled through the first quarter of next year [1] Group 1 - The company stated that its current order situation is maintaining growth [1] - The capacity utilization rate is high, indicating efficient production processes [1] - Production scheduling extends into the first quarter of the following year, reflecting strong demand [1] Group 2 - Management has implemented measures to accelerate the acceptance pace of sales products [1] - A sequential improvement in performance is expected in the fourth quarter [1]

Core Insights - Ningbo Jinda (603088.SH) showcased its strong growth resilience amid market competition, achieving a record high in backlog orders with a 23% year-on-year increase in overall orders for the first three quarters of 2025 [2] - The company is focusing on global expansion and enhancing core technology collaboration, particularly in emerging sectors like liquid cooling and robotics, to create new growth opportunities [4] Group 1: Order and Performance - As of the end of Q3, the company reported a significant increase in orders, particularly in heat exchanger products, which saw a 61.9% year-on-year growth due to expanding market demand in HVAC, refrigeration, and data centers [2] - The precision press segment also rebounded, with a quarter-on-quarter increase in orders driven by the recovery in the new energy battery and storage sectors [2] - The management expressed confidence in achieving annual targets, with production schedules extending into Q1 2026 and measures in place to expedite overseas order acceptance [2] Group 2: Overseas Expansion - The company has accelerated its overseas business layout, with a rising proportion of overseas sales contributing to a gross margin increase to 41.76% in Q3 [3] - In North America, the integration of Wuxi Micro Research has enhanced market access and technical collaboration, while in Europe, the joint venture with German company Schaurer is progressing well [3] Group 3: Emerging Technologies - The company is actively developing liquid cooling technologies for data centers, with applications across various environments, and has entered the supply chain of Weidi Technology [4] - In the robotics sector, the company is conducting market research and plans to establish a new division in Q4, leveraging its manufacturing capabilities and potential acquisitions [4] - Overall, the company aims to deepen its presence in liquid cooling and robotics while expanding its market boundaries and enhancing intrinsic value for investors [4]

Core Viewpoint - Ningbo Jinda has experienced a significant decline in stock price, dropping 5% on November 18, with a total market value of 5.627 billion yuan and a cumulative drop of 7.17% over the past five days [1] Company Overview - Ningbo Jinda Forming Equipment Co., Ltd. is located in Ningbo, Zhejiang Province, established on August 15, 2002, and listed on November 11, 2014. The company specializes in the research, production, and sales of heat exchanger equipment and precision presses [1] - The revenue composition of the company includes: heat exchangers 37.23%, presses 34.17%, microchannels 14.92%, mold products 6.65%, spare parts 1.81%, and automotive components 1.56% [1] Fund Holdings - According to data, one fund under Shangyin Fund holds a significant position in Ningbo Jinda. The Shangyin Advanced Manufacturing Mixed Fund A (023158) held 39,500 shares in the third quarter, accounting for 3.5% of the fund's net value, making it the seventh-largest holding [2] - The fund has incurred a floating loss of approximately 23,300 yuan today, with a total floating loss of 35,900 yuan during the five-day decline [2] - The Shangyin Advanced Manufacturing Mixed Fund A was established on January 23, 2025, with a latest scale of 11.77 million yuan and a cumulative return of 6.83% since inception [2]

New Stock Issuance - The stock code 300277 (Hai Lian Xun) has a subscription period for acquisition rights from November 12 to November 18, 2025[1] - Stock code 688353 (Hua Sheng Lithium) reported severe abnormal fluctuations on November 11, 2025[1] - Stock code 603122 (He Fu China) has an announcement dated November 8, 2025[1] Trading Alerts - Stock code 601888 (China Zhong Mian) has an announcement dated November 12, 2025[1] - Stock code 600537 (Yi Jing Guang Dian) has an announcement dated November 12, 2025[1] - Stock code 688028 (Wo Er De) has an announcement dated November 12, 2025[1] Abnormal Fluctuations - Stock code 600815 (Xia Gong Co.) reported abnormal fluctuations on November 6, 2025[2] - Stock code 603557 (ST Qi Bu) reported abnormal fluctuations on November 7, 2025[3] - Stock code 002478 (Chang Bao Co.) reported abnormal fluctuations on November 7, 2025[3]

证券代码：603088 证券简称：宁波精达 公告编号：2025-059 宁波精达成形装备股份有限公司 会 议 召 开 地 点 ： 上 海 证 券 报 · 中 国 证 券 网 路 演 中 心 （https://roadshow.cnstock.com/） 会议召开方式：网络在线互动 投资者可于 2025 年 11 月 16 日下午 16:00 前将相关问题通过电子邮件的 形式发送至本公司投资者关系邮箱 dm@nbjingda.com 或扫描下方二维码提交。公 司将在说明会上就投资者普遍关注的问题进行回答。 一、说明会类型 宁波精达成形装备股份有限公司（以下简称"公司"）已于 2025 年 10 月 24 日披露了公司 2025 年第三季度报告，具体内容详见《上海证券报》及上海证 券交易所网站（www.sse.com.cn）。为便于广大投资者更加深入了解公司情况公 司决定通过网络在线互动方式召开 2025 年第三季度业绩说明会。 二、说明会召开的时间、地点 关于召开 2025 年第三季度业绩说明会的公告 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 ...