New Stock Issuance - Hongyuan Co., Ltd. (stock code: 920018) issued shares at a price of 9.17 on August 11, 2025[1] - China Shipbuilding Industry Corporation (stock code: 600150) has a cash acquisition request period from August 13 to August 15, 2025[1] - ST Kelly (stock code: 300326) has a tender offer period from July 17 to August 15, 2025[1] Rights and Announcements - China Heavy Industry (stock code: 601989) has a cash option declaration period starting August 13, 2025[1] - Fushun Special Steel (stock code: 600399) has a tender offer period from August 12 to September 10, 2025[1] - North Long Dragon (stock code: 301357) has an announcement link for further details[1] Market Volatility - Several stocks, including ST Xifa (stock code: 000752) and ST Aowei (stock code: 002231), are under observation for significant price fluctuations[1] - The report highlights abnormal fluctuations in stocks such as ST Songfa (stock code: 603268) and ST Yancheng (stock code: 603063)[2]

Group 1 - The stock price of Zhengyu Industrial as of August 8, 2025, is 16.74 yuan, down by 1.06 yuan from the previous trading day [1] - The opening price on the same day was 18.00 yuan, with a high of 18.10 yuan and a low of 16.48 yuan, resulting in a trading volume of 223,700 hands and a transaction amount of 378 million yuan [1] - The stock experienced a volatility of 9.10% and a turnover rate of 9.32% on that day [1] Group 2 - Zhengyu Industrial is primarily engaged in the research, production, and sales of automotive shock absorbers, mainly serving the automotive aftermarket [1] - The company is classified within the automotive parts industry and is registered in Zhejiang Province [1] - Zhengyu Industrial holds the "specialized, refined, distinctive, and innovative" qualification and is involved in the new energy vehicle sector [1] Group 3 - On August 8, 2025, the net outflow of main funds for Zhengyu Industrial was 61.2036 million yuan, accounting for 1.52% of the circulating market value [1] - Over the past five trading days, there has been a cumulative net inflow of 16.5311 million yuan, representing 0.41% of the circulating market value [1]

New Stock Listings - Tianfu Long (603406) issued at a price of 23.60[1] - Youli Intelligent (920007) issued at a price of 23.99[1] Rights Issues and Announcements - China Heavy Industry (601989) cash option declaration period from August 13, 2025[1] - China Shipbuilding (600150) acquisition request period from August 13 to August 15, 2025[1] - Shenkai Co., Ltd. (002633) offer declaration period from July 29 to August 27, 2025[1] - ST Kelly (300326) offer period from July 17 to August 15, 2025[1] - Fushun Special Steel (600399) offer period from August 12 to September 10, 2025[1] Abnormal Fluctuations - Multiple stocks reported abnormal fluctuations, including *ST Yushun (002289) and Changcheng Military Industry (601606)[2][3] - Notable fluctuations also reported for companies like Li De Man (300289) and Dongjie Intelligent (300486)[3]

Investment Rating - The report initiates coverage with an "Accumulate" rating for the company [1] Core Views - The company is a leader in the domestic shock absorber industry, focusing on the automotive aftermarket for over 30 years, with a product range of nearly 20,000 models covering most global vehicle types [8][11] - The company is expected to experience strong growth in performance due to new capacity being released in the second half of 2024, driving a dual boost in profitability and valuation [1][8] - The aftermarket for shock absorbers is significant, with potential for domestic companies to increase market share, as demand is closely tied to vehicle ownership and replacement cycles [8][33] Financial Data and Valuation - Revenue projections show a steady increase from 1,758 million yuan in 2023 to 3,890 million yuan in 2027, with a compound annual growth rate (CAGR) of 14% [3] - The net profit attributable to shareholders is expected to rise from 59 million yuan in 2023 to 208 million yuan in 2027, reflecting a significant growth trajectory [3] - The company’s price-to-earnings (P/E) ratio is projected to decrease from 69.4 in 2023 to 19.6 in 2027, indicating improving valuation metrics [3] Company Overview - The company has a strong international presence, with over 80% of its revenue coming from overseas markets, particularly North America [25][28] - The company has established relationships with major global clients such as Tenneco and ZF Group, enhancing its market position [25][26] - The company is actively expanding its production capacity both domestically and internationally, with a new manufacturing base in Thailand expected to enhance its global delivery capabilities [39][40] Industry Insights - The shock absorber market is characterized by a large aftermarket potential, with an estimated global demand exceeding 800 million units and a market size of approximately 700 billion yuan [34][35] - The industry is highly competitive and fragmented, with a mix of international and domestic players, providing opportunities for growth for quality domestic manufacturers [36] - The replacement cycle for shock absorbers is typically 6-8 years, creating a consistent demand driven by vehicle ownership and usage patterns [33][36]

Market Overview - The automotive parts sector increased by 1.82% on August 6, with Huami New Materials leading the gains [1] - The Shanghai Composite Index closed at 3633.99, up 0.45%, while the Shenzhen Component Index closed at 11177.78, up 0.64% [1] Top Performers - Huami New Materials (Code: 836247) closed at 30.84, with a rise of 29.96% and a trading volume of 234,900 shares, amounting to a transaction value of 647 million [1] - Mingyang Technology (Code: 837663) saw a 15.72% increase, closing at 27.82 with a trading volume of 122,400 shares [1] - Sulian Co., Ltd. (Code: 301397) increased by 13.83%, closing at 36.21 with a trading volume of 175,500 shares [1] Other Notable Stocks - Slin Co., Ltd. (Code: 301550) rose by 10.35%, closing at 105.08 with a trading volume of 135,100 shares [1] - Hunan Tianyan (Code: 600698) and Chengfei Integration (Code: 002190) both increased by 10.01%, closing at 13.08 and 38.92 respectively [1] Market Capital Flow - The automotive parts sector experienced a net inflow of 2.554 billion in main funds, while retail funds saw a net outflow of 585 million [2] - The main funds' net inflow and retail funds' net outflow indicate a shift in investor sentiment within the sector [2] Individual Stock Fund Flow - Chengfei Integration (Code: 002190) had a main fund net inflow of 625 million, with a net outflow from retail investors of 309 million [3] - Other stocks like Hunan Tianyan (Code: 600698) and New Spring Co., Ltd. (Code: 603179) also showed significant fund flow activity, with net inflows from main funds but outflows from retail investors [3]

Core Viewpoint - Zhejiang Zhengyu Industrial Co., Ltd. experienced a significant stock price fluctuation, with a cumulative closing price increase exceeding 20% over three consecutive trading days in early August 2025, which is classified as abnormal trading activity according to Shanghai Stock Exchange regulations [2][4]. Group 1: Stock Trading Abnormality - The company's stock price increased significantly on August 1, 4, and 5, 2025, leading to a cumulative price deviation of over 20% [2][4]. - The company conducted a self-examination and confirmed that there were no undisclosed significant information related to the stock price fluctuation [5]. Group 2: Business Performance - The company reported that its production and operational conditions remain normal, with no significant changes in the internal or external business environment [5]. - For the first half of 2025, the company expects a net profit attributable to shareholders of approximately 118.36 million yuan, representing a year-on-year increase of about 420.05% [5]. - The expected net profit after deducting non-recurring gains and losses is approximately 68.69 million yuan, reflecting a year-on-year increase of about 268.62% [5]. Group 3: Major Events and Information - As of the announcement date, the company confirmed that there were no undisclosed major events, except for the previously disclosed plan to issue shares to specific targets [6]. - The company did not identify any media reports or market rumors that could significantly impact its stock price [7]. - There were no other significant events that could affect the company's stock price during the abnormal trading period [8]. Group 4: Board Statement - The board of directors confirmed that there are no undisclosed matters that should be disclosed according to stock listing rules, aside from the previously mentioned share issuance [12].

证券代码：603089 证券简称：正裕工业 公告编号：2025-065 ? 公司敬请广大投资者理性投资，注意二级市场交易风险。 一、股票交易异常波动的具体情况 本公司股票于 2025 年 8 月 1 日、8 月 4 日、8 月 5 日连续三个交易日收盘价 格涨幅偏离值累计超过 20%，根据《上海证券交易所交易规则》的有关规定，属 于股票交易异常波动。 二、公司关注并核实的相关情况 浙江正裕工业股份有限公司 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个别及连带责任。 重要内容提示： ? 浙江正裕工业股份有限公司（以下简称"公司"或"本公司"）股票于 超过 20%，根据《上海证券交易所交易规则》的有关规定，属于股票交易异常波 动。 ? 经公司自查，并向公司控股股东及实际控制人发函询证，截止本公告披 露日，确认不存在应披露而未披露的重大信息。 经公司自查，公司未发现对公司股票交易价格可能产生重大影响的或需澄清、 回应的媒体报道或市场传闻，亦未涉及市场热点概念。 （四）其他股价敏感信息 经公司自查，公司未发现其他可能对公司股价产生较大影响的 ...

（编辑 李家琪） 证券日报网讯 8月5日晚间，正裕工业发布公告称，公司股票于2025年8月1日、8月4日、8月5日连续三 个交易日收盘价格涨幅偏离值累计超过20%，属于股票交易异常波动。经核实，公司前期披露的信息不 存在需要更正、补充之处；公司经查询，未发现近期公共传媒报道了可能或已经对公司股票交易价格产 生较大影响的未公开重大信息；公司近期经营情况及内外部经营环境未发生重大变化。 ...

证券代码：603089 证券简称：正裕工业 公告编号：2025-065 浙江正裕工业股份有限公司 股票交易异常波动公告 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个别及连带责任。 重要内容提示： 浙江正裕工业股份有限公司（以下简称"公司"或"本公司"）股票于 2025 年 8 月 1 日、8 月 4 日、8 月 5 日连续三个交易日收盘价格涨幅偏离值累计 超过 20%，根据《上海证券交易所交易规则》的有关规定，属于股票交易异常波 动。 经公司自查，并向公司控股股东及实际控制人发函询证，截止本公告披 露日，确认不存在应披露而未披露的重大信息。 公司敬请广大投资者理性投资，注意二级市场交易风险。 一、股票交易异常波动的具体情况 本公司股票于 2025 年 8 月 1 日、8 月 4 日、8 月 5 日连续三个交易日收盘价 格涨幅偏离值累计超过 20%，根据《上海证券交易所交易规则》的有关规定，属 于股票交易异常波动。 经公司自查，近期本公司生产经营情况正常，内外部经营环境未发生重大变 化，也不存在预计将要发生重大变化的情形。 公司预计 ...

格隆汇8月5日｜正裕工业公告，公司股票于2025年8月1日、8月4日、8月5日连续三个交易日收盘价格涨 幅偏离值累计超过20%，属于股票交易异常波动。经自查并询证控股股东及实际控制人，确认不存在应 披露而未披露的重大信息。公司预计2025年半年度实现归属于母公司所有者的净利润为1.18亿元左右， 同比增加420.05%左右；归属于母公司所有者的扣除非经常性损益的净利润为6869.22万元左右，同比增 加268.62%左右。公司敬请广大投资者理性投资，注意二级市场交易风险。 ...