Group 1 - Beijing Luobo Time Information Technology Co., Ltd. has been established with a registered capital of 10 million yuan, focusing on artificial intelligence software development and system integration services [1] - The company is co-owned by Guolian Co., Ltd. (603613) and other stakeholders, with Guolian holding a 70% stake [4] - The business scope includes AI application systems, intelligent robots development, and smart control system integration [1][3] Group 2 - The company is registered in Fengtai District, Beijing, and is classified under the category of other unspecified information technology services [3] - The legal representative of the company is Zhang Meifu, and it is currently in operation with a business term extending until November 27, 2025 [3] - The company also engages in various technology services, including data processing, IoT technology services, and online data processing [3]

Group 1 - The core viewpoint of the news is that a shareholder named Mo has submitted a claim against Guolian Co., and the claim has been accepted by lawyer Li Hongjie. The Sina shareholder rights protection platform will monitor the compensation process for this shareholder, and the platform is currently collecting related claims [1] - The Sina shareholder rights protection platform has 12 professional lawyers available to represent claims against Guolian Co., and it has received a total of 296 claims related to the company [1] Group 2 - The conditions for claiming compensation from Guolian Co. include purchasing shares between March 30, 2021, and December 26, 2023, and either selling or still holding the shares by the close on December 27, 2023 [2] - Multiple lawyers are available to accept claims, including Liu Binghua, Xu Jin, Zhao Jingguo, and others [2] - The platform provides various entry points for quick claims, including following Sina Securities on Weibo and WeChat, and visiting the Sina Finance app or homepage [2] Group 3 - Important notes for filling out the claim form include providing detailed personal information and ensuring that the uploaded account statement is clear and recognizable [3] - The account statement must include stock information, transaction dates, and quantities, and must be in a legally valid format from a securities company [3] Group 4 - The first step in the claims process involves filling out basic information such as name, contact details, and estimated loss amount [4] - The second step requires detailing the complaint reason and uploading relevant materials, including a clear stock account statement [6]

Group 1 - The core viewpoint of the news is that Guolian Co., Ltd. experienced a decline in stock price and significant net outflow of funds, indicating potential market concerns [1] - As of November 17, Guolian's stock price dropped by 2.03% to 27.48 CNY per share, with a total market capitalization of 19.8 billion CNY [1] - Year-to-date, Guolian's stock price has increased by 3.64%, but it has seen a decline of 5.40% over the last five trading days [1] Group 2 - Guolian Co., Ltd. was established on September 6, 2002, and listed on July 30, 2019, with its main business involving online commodity trading, accounting for 99.76% of its revenue [2] - For the period from January to September 2025, Guolian reported a revenue of 38.78 billion CNY, a year-on-year decrease of 3.63%, and a net profit of 1.101 billion CNY, down 1.73% year-on-year [2] - The company has distributed a total of 419 million CNY in dividends since its A-share listing, with 313 million CNY distributed over the past three years [2] Group 3 - As of September 30, 2025, the top ten circulating shareholders of Guolian include Hong Kong Central Clearing Limited, which increased its holdings by 3.2343 million shares [3] - The eighth largest shareholder,招商安华债券A, reduced its holdings by 568.18 thousand shares [3] - A new shareholder, 南方中证1000ETF, entered the top ten with 460.99 thousand shares [3]

Core Viewpoint - Guolian Co., Ltd. experienced a stock price decline of 2.03% on November 11, with a trading volume of 1.91 billion yuan and a market capitalization of 20.507 billion yuan [1] Financial Performance - For the period from January to September 2025, Guolian Co., Ltd. reported a revenue of 38.78 billion yuan, a year-on-year decrease of 3.63%, and a net profit attributable to shareholders of 1.101 billion yuan, down 1.73% year-on-year [2] - The company has cumulatively distributed 419 million yuan in dividends since its A-share listing, with 313 million yuan distributed over the past three years [3] Stock Market Activity - As of November 11, Guolian Co., Ltd.'s stock price has increased by 7.34% year-to-date, with a 0.57% increase over the last five trading days, a 2.53% decrease over the last 20 days, and a 21.00% increase over the last 60 days [1] - The company has appeared on the "Dragon and Tiger List" once this year, with a net buy of -87.6529 million yuan on April 22 [1] Shareholder Information - As of September 30, 2025, the number of shareholders for Guolian Co., Ltd. was 42,100, a decrease of 6.47% from the previous period, with an average of 17,121 circulating shares per shareholder, an increase of 6.92% [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which increased its holdings by 3.2343 million shares to 11.4748 million shares [3]

Market Overview - On November 7, the internet e-commerce sector declined by 0.8%, with Qingmu Technology leading the drop [1] - The Shanghai Composite Index closed at 3997.56, down 0.25%, while the Shenzhen Component Index closed at 13404.06, down 0.36% [1] Stock Performance - Notable gainers included: - Xinxunda (300518) with a closing price of 16.77, up 6.68% and a trading volume of 143,700 shares, totaling 236 million yuan [1] - Guolian Co. (603613) closed at 28.49, up 0.99% with a trading volume of 128,300 shares [1] - Significant decliners included: - Qingmu Technology (301110) closed at 72.92, down 4.07% with a trading volume of 44,300 shares, totaling 328 million yuan [2] - JiaoDian Technology (002315) closed at 44.88, down 3.79% with a trading volume of 72,600 shares [2] Capital Flow - The internet e-commerce sector experienced a net outflow of 60.73 million yuan from institutional investors, while retail investors saw a net inflow of 72.48 million yuan [2] - The overall capital flow indicates a mixed sentiment among different investor types, with retail investors showing a preference for certain stocks [2] Individual Stock Capital Flow - Xinxunda (300518) had a net inflow of 25.59 million yuan from institutional investors, while retail investors had a net outflow of 27.37 million yuan [3] - Qingmu Technology (301110) saw a net inflow of 25.37 million yuan from institutional investors, but a net outflow of 37.90 million yuan from retail investors [3] - Guolian Co. (603613) had a net inflow of 23.83 million yuan from institutional investors, with retail investors experiencing a net outflow of 35.19 million yuan [3]

Core Insights - The internet e-commerce sector experienced a slight decline of 0.15% on November 5, with New Xunda leading the drop [1] - The Shanghai Composite Index closed at 3969.25, up 0.23%, while the Shenzhen Component Index closed at 13223.56, up 0.37% [1] Stock Performance - Notable gainers in the internet e-commerce sector included: - Yumu Technology (301110) with a closing price of 75.00, up 2.88% [1] - Liren Lizhuang (605136) at 66.6, up 1.73% [1] - Ruoyuchen (003010) at 37.71, up 1.37% [1] - Major decliners included: - New Xunda (300518) at 15.98, down 3.68% [2] - Jihong Co. (002803) at 16.66, down 2.00% [2] - Focus Technology (002315) at 47.37, down 1.74% [2] Capital Flow - The internet e-commerce sector saw a net outflow of 65.06 million yuan from institutional investors, while retail investors contributed a net inflow of 50.17 million yuan [2] - The detailed capital flow for selected stocks showed: - Yumu Technology had a net outflow of 20.05 million yuan from institutional investors [3] - Star徽股份 (300464) saw a net inflow of 14.16 million yuan from institutional investors [3] - ST Yigou (002024) had a net inflow of 1.38 million yuan from retail investors [3]

Core Insights - The internet e-commerce sector experienced a decline of 2.06% on November 4, with Jihong Co., Ltd. leading the drop [1] - The Shanghai Composite Index closed at 3960.19, down 0.41%, while the Shenzhen Component Index closed at 13175.22, down 1.71% [1] Market Performance - Jihong Co., Ltd. saw a significant drop of 5.82%, closing at 17.00, with a trading volume of 239,000 shares and a transaction value of 409 million [2] - Other notable declines included Ruoyuchen at -5.01% and Qingmu Technology at -4.08% [2] - The overall net outflow of main funds in the internet e-commerce sector was 233 million, while retail investors saw a net inflow of 239 million [2][3] Individual Stock Analysis - Star徽股份 had a net inflow of 17.84 million from main funds, but a net outflow of 27.57 million from retail investors [3] - Focus Technology experienced a net inflow of 15.55 million from main funds, with a net outflow of 1.25 million from retail investors [3] - Liren Liyang saw a net inflow of 7.21 million from main funds, while retail investors contributed a net inflow of 194.66 million [3]

Market Performance - The internet e-commerce sector rose by 0.53% on November 3, with Guolian Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3976.52, up 0.55%, while the Shenzhen Component Index closed at 13404.06, up 0.19% [1] Stock Performance - Guolian Co., Ltd. (603613) closed at 29.39, with a gain of 3.49% and a trading volume of 159,500 shares, amounting to 467 million yuan [1] - Other notable performers included: - Shitou Co., Ltd. (600539) at 10.93, up 2.15% [1] - ST Tongpu (600365) at 3.36, up 2.13% [1] - Liren Lizhuang (605136) at 9.84, up 2.07% [1] - Jiao Dian Technology (002315) at 48.20, up 1.80% [1] Capital Flow - The internet e-commerce sector experienced a net outflow of 66.54 million yuan from institutional investors and 52.86 million yuan from retail investors, while individual investors saw a net inflow of 119 million yuan [2] - The capital flow for key stocks included: - Guolian Co., Ltd. had a net inflow of 55.05 million yuan from institutional investors [3] - Jiao Dian Technology saw a net inflow of 14.74 million yuan from institutional investors [3] - Star徽股份 (300464) had a net inflow of 12.41 million yuan from institutional investors [3]

Group 1 - The core point of the news is that Guolian Co., Ltd. experienced a stock price increase of 5.06%, reaching 29.08 yuan per share, with a trading volume of 432 million yuan and a turnover rate of 2.10%, resulting in a total market capitalization of 20.953 billion yuan [1] - Guolian Co., Ltd. was established on September 6, 2002, and went public on July 30, 2019. The company is primarily engaged in membership services, exhibition services, industry information services, agency services, and financial services [1] - The main revenue sources of Guolian Co., Ltd. are online commodity trading (99.76%), commercial information services (0.13%), internet technology services (0.10%), and other services (0.01%) [1] Group 2 - Among the top ten circulating shareholders of Guolian Co., Ltd., a fund under Southern Fund ranks first. The Southern CSI 1000 ETF (512100) entered the top ten circulating shareholders in the third quarter, holding 4.6099 million shares, which accounts for 0.64% of the circulating shares [2] - The Southern CSI 1000 ETF (512100) was established on September 29, 2016, with a latest scale of 76.63 billion yuan. Year-to-date, it has achieved a return of 27.12%, ranking 2130 out of 4216 in its category; over the past year, it has returned 25.9%, ranking 2007 out of 3889; and since inception, it has returned 12.5% [2] Group 3 - The fund manager of the Southern CSI 1000 ETF (512100) is Cui Lei, who has been in the position for 6 years and 360 days. The total asset scale of the fund is 122.76 billion yuan, with the best fund return during the tenure being 182.39% and the worst being -15.93% [3]

Core Viewpoint - The company, Beijing Guolian Vision Information Technology Co., Ltd. (国联股份), has released its third-quarter report for 2025, ensuring the accuracy and completeness of the information provided in the report [1][2][7]. Financial Data - The third-quarter financial statements have not been audited [3]. - The report includes major accounting data and financial indicators, although specific figures are not detailed in the provided text [3]. - Non-recurring gains and losses are applicable, but specific amounts are not disclosed [4]. Shareholder Information - The total number of common shareholders and the situation of the top ten shareholders are to be reported, but specific details are not provided [5]. Board Meeting - The ninth meeting of the ninth board of directors was held on October 29, 2025, with eight out of nine directors present [8]. - The meeting approved the third-quarter report, which will be published in various financial newspapers and on the Shanghai Stock Exchange website [9][10]. Investor Communication - An investor performance briefing is scheduled for November 14, 2025, to discuss the third-quarter results and address investor questions [16][17]. - Investors can submit questions from November 7 to November 13, 2025, through the Shanghai Stock Exchange Roadshow Center or via email [20].