Core Points - The Shanghai Stock Exchange has implemented self-regulatory measures against 80 instances of abnormal trading behavior, including price manipulation and false declarations [1] - Stocks under special risk warning due to abnormal fluctuations include *ST Suwu and *ST Yazhen, along with stocks like HeFu China and Tianpu Co., which have shown significant volatility [1] - The exchange has conducted special investigations into 23 major corporate events and reported one suspected case of illegal activities to the China Securities Regulatory Commission [1]

Group 1 - The Shanghai Stock Exchange has implemented self-regulatory measures against 80 cases of abnormal trading behaviors, including price manipulation and false declarations, from November 24 to November 28, 2025 [1] - Stocks under special risk warning for abnormal fluctuations include *ST Suwu and *ST Yazhen, along with stocks like HeFu China that have shown significant volatility [1] - The exchange has conducted special investigations into 23 major corporate events and reported one case of suspected illegal activities to the China Securities Regulatory Commission [1]

Core Viewpoint - The stock of HeFu China (603122) experienced a significant increase of 7.49% on the trading day, with a turnover rate of 27.28% and a trading volume of 2.453 billion yuan, despite a net sell-off by brokerage firms totaling 52.65 million yuan [2]. Trading Activity - The stock was listed on the Shanghai Stock Exchange's "Dragon and Tiger List" due to its daily fluctuation of 15.12% and turnover rate of 27.28%, with a total net sell-off of 52.65 million yuan by brokerage firms [2]. - The top five brokerage firms involved in trading accounted for a total transaction volume of 315 million yuan, with buying amounting to 131 million yuan and selling at 184 million yuan, resulting in a net sell-off of 52.65 million yuan [2]. - The largest buying brokerage was Guosen Securities Co., Ltd. Zhejiang Internet Branch, with a purchase amount of 38.28 million yuan, while the largest selling brokerage was CITIC Securities Co., Ltd. Beijing Anwai Street Branch, with a selling amount of 56.08 million yuan [2]. Stock Performance - Over the past six months, the stock has appeared on the "Dragon and Tiger List" 13 times, with an average price increase of 6.67% the day after being listed and an average increase of 35.65% over the following five days [2]. - On the day of the report, the stock saw a net outflow of 102 million yuan in principal funds, with large orders contributing to a net outflow of 41.99 million yuan and 60.30 million yuan respectively. Over the past five days, the total net outflow was 160 million yuan [2]. Financial Performance - For the first three quarters, HeFu China reported a total revenue of 549 million yuan, reflecting a year-on-year decline of 22.80%, and a net loss of 12.39 million yuan [3].

Group 1 - The core point of the article is the resignation of Wang Fenghua, the Deputy General Manager of HeFu (China) Medical Technology Co., Ltd., due to reaching the legal retirement age [1] - For the fiscal year 2024, HeFu China's revenue composition is reported to be 99.96% from commercial activities and 0.04% from other businesses [1] - As of the report date, HeFu China has a market capitalization of 9.5 billion yuan [1]

证券代码：603122 证券简称：合富中国 公告编号：临 2025-061 合富（中国）医疗科技股份有限公司 关于公司高级管理人员退休离任的公告 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。 特此公告。 合富（中国）医疗科技股份有限公司董事会 | | | | | | 是否继续 | | 是否存 在未履 | | --- | --- | --- | --- | --- | --- | --- | --- | | | 离任职务 | 离任时间 | 原定任期 | 离任原因 | 在上市公 司及其控 | 具体职 | | | 姓名 | | | 到期日 | | | 务 | 行完毕 | | | | | | | 股子公司 | | 的公开 | | | | | | | 任职 | | 承诺 | | | | 2025年11 | 2028 年 6 | 达到法定 | | 顾问 | | | 王丰华 | 副总经理 | | | | 是 | （退休 | 否 | | | | 月 28 日 | 月 25 日 | 退休年龄 | | | | | | | | | | | 返聘） ...

Core Points - The company announced on November 28 that its Vice President Wang Fenghua submitted a written resignation due to reaching the statutory retirement age [1] - Wang Fenghua will no longer hold any position in the company after his resignation, which takes effect upon delivery to the board of directors [1] - After leaving his position, Wang Fenghua will continue to serve as a consultant for the company on a retired rehire basis [1]

合富中国：副总经理王丰华因到法定退休年龄退休离任。 ...

Group 1 - The stock of HeFu China (603122) increased by 7.52% today, with a turnover rate of 25.90% and a trading volume of 2.235 billion yuan, showing a fluctuation of 9.06% [2] - The stock was listed on the Shanghai Stock Exchange's daily turnover list due to its turnover rate, with a total net sell of 34.2954 million yuan from brokerage seats [2] - The top five brokerage seats accounted for a total transaction of 262 million yuan, with a buying amount of 114 million yuan and a selling amount of 148 million yuan, resulting in a net sell of 34.2954 million yuan [2] Group 2 - In the past six months, the stock has appeared on the daily turnover list 12 times, with an average price increase of 6.59% the day after being listed and an average increase of 36.79% in the following five days [3] - The stock experienced a net outflow of 33.5592 million yuan in main funds today, including a net outflow of 13.4007 million yuan from large orders and 20.1585 million yuan from major orders, with a total net outflow of 251 million yuan over the past five days [3] - The company's third-quarter report revealed that it achieved a total operating income of 549 million yuan in the first three quarters, a year-on-year decrease of 22.80%, and a net profit of -12.3862 million yuan [3]

Core Viewpoint - The stock of HeFu China (603122) experienced a slight increase of 0.61% today, with significant trading activity reflected in a turnover rate of 26.76% and a trading volume of 2.233 billion yuan, despite a net sell-off of 66.5492 million yuan by brokerage firms [2]. Trading Activity - The stock was listed on the Shanghai Stock Exchange's watchlist due to a daily fluctuation of 21.25% and a turnover rate of 26.76%, with a total net sell-off of 66.5492 million yuan by brokerage firms [2]. - The top five brokerage firms involved in trading accounted for a total transaction volume of 294 million yuan, with a buying amount of 114 million yuan and a selling amount of 180 million yuan, resulting in a net sell-off of 66.5492 million yuan [2]. - The largest buying brokerage was Guosen Securities Co., Ltd. Zhejiang Internet Branch, with a purchase amount of 34.8835 million yuan, while the largest selling brokerage was China Galaxy Securities Co., Ltd. Dalian Huanghe Road Securities Branch, with a selling amount of 66.7297 million yuan [2][3]. Financial Performance - In the third quarter, HeFu China reported a total revenue of 549 million yuan, representing a year-on-year decline of 22.80%, and a net loss of 12.3862 million yuan [3]. - Over the past six months, the stock has appeared on the watchlist 11 times, with an average price increase of 7.59% the day after being listed and an average increase of 39.69% within five days post-listing [2]. Capital Flow - Today, the stock saw a net outflow of 36.3195 million yuan in principal funds, with a significant inflow of 25.3047 million yuan from large orders, while large orders experienced a net outflow of 61.6242 million yuan [2]. - Over the past five days, the net outflow of principal funds amounted to 279 million yuan [2].

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