Core Viewpoint - Jiangnan New Materials (603124) reported that its overseas operating revenue for the first half of 2025 is projected to be 264 million yuan, accounting for 5.47% of total operating revenue, indicating a relatively low proportion of overseas sales [1] Group 1 - The company currently does not have subsidiaries established in EU countries [1] - Sales to the EU market are primarily conducted through direct exports and agency arrangements [1]

Group 1 - The core viewpoint of the article is that Jiangnan New Materials (603124.SH) has reported a low proportion of overseas sales revenue, indicating limited international market penetration [1] Group 2 - In the first half of 2025, the company's overseas operating revenue was 264 million yuan, accounting for 5.47% of total operating revenue [1] - The company currently does not have subsidiaries in EU countries and primarily sells to the EU market through direct exports and agents [1]

Core Viewpoint - Jiangnan New Materials (603124.SH) reported that its overseas operating revenue for the first half of 2025 was 264 million yuan, accounting for 5.47% of total operating revenue, indicating a low proportion of overseas sales revenue [1] Group 1 - The company currently does not have subsidiaries in EU countries and primarily sells to the EU market through direct exports and agents [1]

Group 1 - Jiangnan New Materials experienced a decline of 5.04% on January 8, with a stock price of 86.51 yuan per share, a trading volume of 170 million yuan, a turnover rate of 6.61%, and a total market capitalization of 12.608 billion yuan [1] - Jiangnan New Materials, established on July 26, 2007, is located in Yingtan City, Jiangxi Province, and specializes in the research, production, and sales of copper-based new materials. The main revenue composition includes copper ball series (78.30%), copper oxide powder series (17.26%), and others [1] Group 2 - Longsheng Fund has a significant holding in Jiangnan New Materials, with the Changsheng Craft Research Mixed A Fund (014885) holding 25,500 shares, accounting for 2.39% of the fund's net value, ranking as the tenth largest holding. The estimated floating loss today is approximately 117,000 yuan [2] - The Changsheng Craft Research Mixed A Fund was established on July 5, 2022, with a latest scale of 63.4632 million yuan. Year-to-date return is 5.95%, ranking 1143 out of 8825 in its category, while the one-year return is 40.75%, ranking 2923 out of 8084 [2]

Core Viewpoint - The metal new materials sector experienced a significant increase of 2.11% on January 7, with Huitong New Materials leading the gains, reflecting positive market sentiment in this industry [1]. Group 1: Market Performance - The Shanghai Composite Index closed at 4085.77, up 0.05%, while the Shenzhen Component Index closed at 14030.56, up 0.06% [1]. - Huitong New Materials saw a closing price of 25.69, with a remarkable increase of 16.83%, leading the sector [1]. - Other notable performers included Zhongke Magnetic Materials, which rose by 7.13% to a closing price of 58.47, and Antai Technology, which increased by 5.34% to 22.49 [1]. Group 2: Trading Volume and Value - Huitong New Materials had a trading volume of 92,200 shares and a transaction value of 236 million yuan [1]. - Zhongke Magnetic Materials recorded a trading volume of 121,500 shares with a transaction value of 708 million yuan [1]. - Antai Technology had a trading volume of 1,219,500 shares and a transaction value of 2.724 billion yuan, indicating strong investor interest [1]. Group 3: Capital Flow - The metal new materials sector saw a net inflow of 889 million yuan from institutional investors, while retail investors experienced a net outflow of 1.045 billion yuan [2]. - The sector's overall capital flow indicates a mixed sentiment, with institutional investors showing confidence while retail investors withdrew funds [2]. Group 4: Individual Stock Capital Flow - Kinglong Permanent Magnet had a net inflow of 15.5 million yuan from institutional investors, representing 3.97% of its total capital [3]. - Sry New Materials experienced a net inflow of 14.6 million yuan from institutional investors, accounting for 5.63% of its total capital [3]. - Ningbo Yunsheng saw a significant net inflow of 122 million yuan from institutional investors, which is 9.63% of its total capital [3].

Core Viewpoint - Jiangnan New Materials has shown significant growth in revenue and net profit, indicating a positive financial trajectory for the company [2]. Group 1: Financial Performance - As of January 6, Jiangnan New Materials' stock price increased by 4.02%, with a trading volume of 289 million yuan [1]. - For the period from January to September 2025, Jiangnan New Materials achieved a revenue of 7.569 billion yuan, representing a year-on-year growth of 18.34% [2]. - The net profit attributable to shareholders for the same period was 165 million yuan, reflecting a year-on-year increase of 21.95% [2]. Group 2: Shareholder and Market Activity - On January 6, the company recorded a net financing purchase of 33.5182 million yuan, with a total financing balance of 1.51 billion yuan, accounting for 5.94% of the circulating market value [1]. - The number of shareholders as of September 30 was 9,904, a decrease of 60.29% from the previous period, while the average circulating shares per person increased by 156.98% to 2,950 shares [2]. - The top ten circulating shareholders include several new institutional investors, with the largest being Huaxia Industry Prosperity Mixed A, holding 1.6299 million shares [2]. Group 3: Business Overview - Jiangnan New Materials, established on July 26, 2007, specializes in the research, production, and sales of copper-based new materials [1]. - The company's main revenue sources include copper ball series (78.30%), copper oxide powder series (17.26%), and other products [1].

Market Performance - The metal new materials sector increased by 1.04% on January 6, with Tianli Composite leading the gains [1] - The Shanghai Composite Index closed at 4083.67, up by 1.5%, while the Shenzhen Component Index closed at 14022.55, up by 1.4% [1] Stock Performance - Tianli Composite (code: 920576) closed at 87.77, with a significant increase of 29.99% and a trading volume of 144,100 shares, amounting to a transaction value of 1.11 billion [1] - Other notable performers included: - Tunan Co. (code: 300855) with a closing price of 33.90, up by 4.99% [1] - Jiangnan New Materials (code: 603124) closed at 86.73, up by 4.02% [1] - Huaitong New Materials (code: 920751) increased by 3.63% to close at 21.99 [1] Capital Flow - The metal new materials sector saw a net inflow of 186 million from institutional investors, while retail investors experienced a net outflow of 289 million [2] - The main capital inflow was led by Tianli Composite, which had a net inflow of 247 million [3] - Other stocks with significant net inflows included: - Jinli Permanent Magnet (code: 300748) with a net inflow of 65.81 million [3] - Tunan Co. (code: 300855) with a net inflow of 61.57 million [3]

Group 1 - Jiangxi Jiangnan New Materials Technology Co., Ltd. experienced a stock price increase of 5.17%, reaching 87.69 CNY per share, with a total market capitalization of 12.78 billion CNY [1] - The company specializes in the research, production, and sales of copper-based new materials, with its main revenue sources being copper ball series (78.30%), copper oxide powder series (17.26%), and high-precision copper-based heat sinks (1.74%) [1] Group 2 - Rongtong Fund has a significant holding in Jiangnan New Materials, with the Rongtong Advanced Manufacturing Mixed A Fund (014647) holding 197,200 shares, accounting for 5.1% of the fund's net value [2] - The Rongtong Advanced Manufacturing Mixed A Fund has achieved a year-to-date return of 2.62% and a one-year return of 79.03%, ranking 462 out of 8081 in its category [2] Group 3 - The fund manager of Rongtong Advanced Manufacturing Mixed A is Wang Di, who has been in the position for 7 years and 203 days, with the fund's total asset size at 789 million CNY [3] - During Wang Di's tenure, the best fund return was 219.38%, while the worst return was -6.17% [3]

Group 1 - Jiangnan New Materials Co., Ltd. experienced a stock price increase of 5.1%, reaching 82.89 CNY per share, with a trading volume of 164 million CNY and a turnover rate of 6.92%, resulting in a total market capitalization of 12.081 billion CNY [1] - The company, established on July 26, 2007, is located in Yingtan City, Jiangxi Province, and specializes in the research, production, and sales of copper-based new materials. The main revenue composition includes: copper ball series 78.30%, copper oxide powder series 17.26%, others 2.66%, high-precision copper-based heat sinks 1.74%, and copper material trading 0.01% [1] Group 2 - Changsheng Fund has a significant holding in Jiangnan New Materials, with the Changsheng Craftsmanship Research Mixed A Fund (014885) holding 25,500 shares, accounting for 2.39% of the fund's net value, ranking as the tenth largest holding. The estimated floating profit today is approximately 102,500 CNY [2] - The Changsheng Craftsmanship Research Mixed A Fund was established on July 5, 2022, with a latest scale of 63.4632 million CNY. Year-to-date returns are 30.18%, with a peer ranking of 3108 out of 8155; the one-year return is also 30.18%, maintaining the same ranking [2]

Core Viewpoint - The A-share market concluded 2025 with a historic breakthrough, characterized by "policy-driven, technology-led, and structural differentiation" trends, with a total market value exceeding 109 trillion yuan and annual trading volume surpassing 400 trillion yuan [1] Market Performance - The major indices of the A-share market all showed positive performance, with significant differentiation among them [1] - The ChiNext Index led with an annual increase of 49.57%, followed by the Sci-Tech 50 Index at 35.92%, the Shanghai Composite Index at 18.41%, and the Shenzhen Component Index at 29.87% [1] Sector Performance - Various sectors such as computing hardware, non-ferrous metals, banking, battery supply chain, innovative pharmaceuticals, commercial aerospace, and robotics contributed to the market's performance, with the Shanghai Composite Index briefly surpassing 4000 points [1] - A total of 4073 stocks in the market recorded positive annual growth, indicating a shift from "real estate-driven" to "innovation-driven" market dynamics [1] Top Performing Stocks - The top 10 stocks by annual growth rate (excluding new listings and the Beijing Stock Exchange) showcased significant price increases, reflecting market trends and speculative interests [1] - Notable performers included: - Top 1: Shangwei New Materials (688585) with a growth of 1821.12% and a turnover rate of 360.55% - Top 2: Tianpu Co., Ltd. (605255) with a growth of 1662.49% and a turnover rate of 669.54% - Top 3: Haibo Lichuang (688411) with a growth of 1267.83% and a turnover rate of 1982.96% [1]