Market Overview - The electric motor sector experienced a decline of 0.39% compared to the previous trading day, with Sanxie Electric leading the drop [1] - The Shanghai Composite Index closed at 4085.77, up 0.05%, while the Shenzhen Component Index closed at 14030.56, up 0.06% [1] Stock Performance - Notable gainers in the electric motor sector included: - Huari Co., Ltd. (300626) with a closing price of 15.50, up 7.94% and a trading volume of 240,600 shares, totaling 364 million yuan [1] - Xingdesheng (603344) closed at 37.58, up 3.19% with a trading volume of 72,600 shares, totaling 269 million yuan [1] - Xiangdian Co., Ltd. (600416) closed at 16.46, up 2.75% with a trading volume of 782,600 shares, totaling 126.9 million yuan [1] - Conversely, significant decliners included: - Sanxie Electric (920100) closed at 70.00, down 3.96% with a trading volume of 26,100 shares, totaling 186 million yuan [2] - Yifan Transmission (301023) closed at 41.46, down 3.24% with a trading volume of 27,600 shares, totaling 116 million yuan [2] - Bafang Co., Ltd. (603489) closed at 29.65, down 2.76% with a trading volume of 31,600 shares, totaling 94.56 million yuan [2] Capital Flow - The electric motor sector saw a net outflow of 877 million yuan from institutional investors, while retail investors contributed a net inflow of 882 million yuan [2] - Detailed capital flow for selected stocks showed: - Xiangdian Co., Ltd. (600416) had a net inflow of 99.93 million yuan from institutional investors, but a net outflow of 52.35 million yuan from retail investors [3] - Xingdesheng (603344) experienced a net inflow of 35.82 million yuan from institutional investors, with a net outflow of 42.20 million yuan from retail investors [3] - Huari Co., Ltd. (300626) had a net inflow of 31.79 million yuan from institutional investors, but a net outflow of 67.95 million yuan from retail investors [3]

Core Viewpoint - Xingdesheng (603344.SH) announced a share buyback program, indicating a strategic move to enhance shareholder value through repurchasing shares [1] Summary by Categories Share Buyback Details - The company has repurchased a total of 200,000 shares through centralized bidding, which represents 0.1028% of the company's total share capital [1] - The highest purchase price was 24.92 yuan per share, while the lowest was 24.29 yuan per share [1] - The total amount paid for the repurchased shares was 4.9261 million yuan, excluding transaction commissions and other fees [1]

证券代码：603344 证券简称：星德胜 公告编号：2026-001 星德胜科技（苏州）股份有限公司 关于股份回购进展公告 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。 具 体 内 容 详 见 公 司 于 2025 年 8 月 30 日 在 上 海 证 券 交 易 所 网 站 （www.sse.com.cn）披露的《关于以集中竞价方式回购股份的方案》（公告编号： 2025-028 号），2025 年 9 月 6 日在上海证券交易所网站（www.sse.com.cn）披露的 《关于以集中竞价方式回购股份的回购报告书》（公告编号：2025-032 号）。 二、回购股份的进展情况 根据《上海证券交易所上市公司自律监管指引第 7 号——回购股份》的相关 规定，现将回购股份的进展情况公告如下： 截至 2025 年 12 月 31 日，公司通过集中竞价交易方式累计回购公司股份 20 万股，已回购股份占公司总股本的比例为 0.1028%，购买的最高价为 24.92 元/股， 最低价为 24.29 元/股，已支付的总金额为 492.61 万 ...

Market Overview - The electric motor sector experienced a decline of 0.48% on the trading day, with Sanxie Electric leading the drop [1] - The Shanghai Composite Index closed at 3968.84, up 0.09%, while the Shenzhen Component Index closed at 13525.02, down 0.58% [1] Stock Performance - Notable gainers in the electric motor sector included: - Xingdesheng (603344) with a closing price of 37.36, up 10.01% and a trading volume of 60,100 shares, totaling 220 million yuan [1] - Runse Station (300626) closed at 15.91, up 8.67% with a trading volume of 231,100 shares, totaling 360 million yuan [1] - Xiangdian Co. (600416) closed at 15.78, up 7.49% with a trading volume of 1,024,400 shares, totaling 156.5 million yuan [1] - Major decliners included: - Sanxie Electric (920100) closed at 73.66, down 5.07% with a trading volume of 35,600 shares, totaling 268 million yuan [2] - Zhaowei Electromechanical (003021) closed at 124.18, down 3.67% with a trading volume of 88,400 shares, totaling 1.108 billion yuan [2] - Jiangsu Leili (300660) closed at 54.82, down 2.89% with a trading volume of 190,400 shares, totaling 1.051 billion yuan [2] Capital Flow - The electric motor sector saw a net outflow of 925 million yuan from institutional investors, while retail investors contributed a net inflow of 688 million yuan [2] - The capital flow for specific stocks showed: - Xiangdian Co. (600416) had a net inflow of 1.09 billion yuan from institutional investors [3] - Xingdesheng (603344) experienced a net inflow of 58.98 million yuan from institutional investors [3] - Jiadian Co. (000922) had a net inflow of 13.70 million yuan from institutional investors [3]

Market Overview - As of December 24, the Shanghai Composite Index closed at 3940.95 points, up by 20.97 points, representing a 0.53% increase [1] - The Shenzhen Component Index closed at 13486.42 points, up by 117.43 points, with a 0.88% increase [1] - The ChiNext Index closed at 3229.58 points, up by 24.57 points, reflecting a 0.77% increase [1] Stock Performance - A total of 89 A-shares had a turnover rate exceeding 20%, with six stocks, including C Jianxin and C Nabai Chuan, having turnover rates above 50% [1] - C Jianxin (688805) had a closing price of 58.12 yuan and a turnover rate of 77.25%, with a significant increase of 212.81% [1] - C Nabai Chuan (301667) closed at 82.73 yuan, with a turnover rate of 67.98%, but experienced a decline of 28.06% [1] - C Xihua (603248) closed at 26.01 yuan, with a turnover rate of 57.63%, and a decrease of 29.34% [1] - C Tiansu (301449) closed at 75.83 yuan, with a turnover rate of 54.69%, down by 24.93% [1] - Other notable stocks include C Youxun (688807) with a closing price of 231.60 yuan and a turnover rate of 50.23%, up by 14.03% [1] Additional Notable Stocks - Huazhong Cable (001208) closed at 21.05 yuan with a turnover rate of 49.18%, up by 6.10% [1] - Guangdao Tui (920680) closed at 1.32 yuan, with a turnover rate of 46.41%, and an increase of 29.41% [1] - Tongyu Communication (002792) closed at 34.71 yuan, with a turnover rate of 42.86%, up by 6.31% [1] - Shennong Agriculture (300189) closed at 7.90 yuan, with a turnover rate of 41.35%, up by 1.41% [1]

Core Viewpoint - The stock of Xingdesheng (603344) experienced a decline of 4.19% on the trading day, with significant trading activity reflected in a turnover rate of 27.34% and a total transaction value of 496 million yuan [2]. Trading Activity - The stock's trading volume was characterized by a net sell of 20.21 million yuan from the Shanghai-Hong Kong Stock Connect, while domestic institutional investors collectively net bought 13.71 million yuan [2]. - The top five trading departments accounted for a total transaction value of 174 million yuan, with a buying amount of 83.67 million yuan and a selling amount of 90.17 million yuan, resulting in a net sell of 6.50 million yuan [2]. - The largest selling department was the Shanghai-Hong Kong Stock Connect, with a selling amount of 20.21 million yuan [2]. Capital Flow - The stock saw a net outflow of 49.02 million yuan in principal funds, with large orders contributing to a net outflow of 25.29 million yuan and a net outflow of 23.73 million yuan from larger transactions [2]. - Over the past five days, the net outflow of principal funds totaled 3.76 million yuan [2]. Financing and Margin Trading - As of December 23, the stock's margin trading balance was 137 million yuan, with a financing balance of 137 million yuan and a margin balance of 327,600 yuan [2]. - The financing balance increased by 20.15 million yuan over the past five days, reflecting a growth rate of 17.23% [2]. Financial Performance - In the third quarter, the company reported a total revenue of 1.911 billion yuan, representing a year-on-year growth of 6.74%, while net profit was 134 million yuan, showing a year-on-year decline of 3.28% [3].

Market Performance - The electric motor sector increased by 0.9% compared to the previous trading day, with Huayang Intelligent leading the gains [1] - The Shanghai Composite Index closed at 3940.95, up 0.53%, while the Shenzhen Component Index closed at 13486.42, up 0.88% [1] Stock Performance - Huayang Intelligent (301502) closed at 44.19, with a rise of 2.27% and a trading volume of 6007.13 lots, amounting to 26.40 million yuan [1] - Weiguang Co. (002801) closed at 33.96, up 2.14%, with a trading volume of 22,200 lots and a turnover of 75.11 million yuan [1] - Xiangming Intelligent (301226) closed at 31.70, increasing by 1.99%, with a trading volume of 78,800 lots and a turnover of 256 million yuan [1] - Other notable stocks include Benrui Co. (300626) at 14.31 (+1.92%), Shenli Co. (618809) at 11.41 (+1.78%), and Dongyang Electric (002249) at 10.29 (+1.68%) [1] Capital Flow - The electric motor sector experienced a net outflow of 250 million yuan from main funds, while retail investors saw a net inflow of 287 million yuan [2] - The detailed capital flow indicates that Jiadian Co. (000922) had a main fund net inflow of 17.77 million yuan, while it faced a retail net outflow of 25.08 million yuan [3] - Shenli Co. (603813) had a main fund net inflow of 6.99 million yuan but also saw a retail net outflow of 6.20 million yuan [3]

Core Viewpoint - The stock of Xingdesheng (603344) experienced a significant increase of 5.77% on the trading day, with a turnover rate of 39.39% and a total transaction amount of 720 million yuan, indicating strong market interest and activity in the stock [2]. Trading Activity - The stock was listed on the Shanghai Stock Exchange due to its high turnover rate, with a net purchase of 26.02 million yuan from the Shanghai-Hong Kong Stock Connect [2]. - The top five trading departments accounted for a total transaction amount of 270 million yuan, with a net purchase of 37.95 million yuan after accounting for buy and sell transactions [2]. - The main buying departments included Goldman Sachs, Guotai Junan, and Hongta Securities, with the highest buy amount from Goldman Sachs at 35.73 million yuan [3][4]. Fund Flow - The stock saw a net outflow of 13.91 million yuan in principal funds, with large orders contributing to a net outflow of 24.86 million yuan, while large orders saw a net inflow of 10.95 million yuan [2]. - Over the past five days, the net inflow of principal funds amounted to 38.89 million yuan [2]. Financial Performance - For the first three quarters, the company reported a total revenue of 1.911 billion yuan, reflecting a year-on-year growth of 6.74%, while the net profit was 134 million yuan, showing a year-on-year decline of 3.28% [3].

星德胜科技（苏州）股份有限公司（以下简称"公司"）股票于 2025 年 12 月 19 日、12 月 22 日、12 月 23 日连续 3 个交易日内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。公司 股价剔除大盘整体因素后的实际波动幅度较大。敬请广大投资者注意二级市场交易 风险，理性决策，审慎投资。 证券代码：603344 证券简称：星德胜 公告编号：2025-043 星德胜科技（苏州）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法律责任。 重要内容提示： 经自查，公司目前生产经营正常，主营业务未发生重大变化，日常经营业务及 所处的下游市场环境或行业政策不存在重大调整，内部生产经营秩序正常。 （二）重大事项情况 经向控股股东及实际控制人书面函证确认，截至本公告披露日，不存在涉及公 司应披露而未披露的重大信息，未筹划与公司有关的重大资产重组、股份发行、重 大交易类事项、业务重组、股份回购、股权激励、破产重整、重大业务合作、引进 战略投资者等重大事 ...

Core Insights - The A-share robotics sector experienced a significant rally, with multiple companies seeing substantial gains, driven by positive sentiment and news surrounding humanoid robots [1] Group 1: Market Performance - Companies such as Jingzhida saw an increase of over 18%, while Keda Automation and Sanfeng Intelligent rose by over 15% and 10% respectively [1] - Other notable performers included Tianqiao Hoisting, Hengtong Optic-Electric, and Yidelong, all reaching the 10% daily limit up, while Shuangfei Group and Bohai Automotive increased by over 9% [1][2] - The overall market sentiment is reflected in the year-to-date performance, with Jingzhida up 239.75%, Keda Automation up 60.52%, and Hengtong Optic-Electric up 54.12% [2] Group 2: Catalysts and Developments - A viral video of a backflip performed by a humanoid robot at a concert, which was shared by Elon Musk, contributed to the heightened interest in the robotics sector [1] - Morgan Stanley's report titled "2026 Outlook: The Humanoid Robot Horizon" highlighted several catalysts expected to drive growth in the sector, including the upcoming release of Tesla's Optimus Gen 3, potential supportive policies in the U.S., technological breakthroughs, and the entry of tech giants [1] - UBTECH secured a contract worth nearly 60 million yuan for a data collection project in the Greater Bay Area, with all products being their industrial humanoid robot Walker S2, indicating strong demand with annual orders nearing 1.4 billion yuan by 2025 [1]