Core Insights - The shared economy sector experienced a slight increase of 0.05% on December 8, with Haima Automobile leading the gains [1] - The Shanghai Composite Index closed at 3924.08, up 0.54%, while the Shenzhen Component Index closed at 13329.99, up 1.39% [1] Shared Economy Sector Performance - The following companies in the shared economy sector showed notable performance: - China Publishing Group (000572) closed at 696, up 5.10% with a trading volume of 2.7997 million shares and a transaction value of 2.669 billion [1] - Haikou Group (603069) closed at 25.73, up 3.71% with a trading volume of 100,000 shares and a transaction value of 256 million [1] - Nanwei Software (603636) closed at 14.19, up 3.28% with a trading volume of 552,600 shares and a transaction value of 780 million [1] - Zhejiang Wenhu Internet (600986) closed at 8.97, up 3.10% with a trading volume of 514,000 shares and a transaction value of 459 million [1] - Huati Technology (603679) closed at 15.91, up 2.32% with a trading volume of 63,400 shares and a transaction value of 10.2 million [1] Capital Flow Analysis - The shared economy sector saw a net inflow of 24.7165 million from institutional investors, while retail investors contributed a net inflow of 87.4545 million [2] - The following companies had significant capital flows: - Haima Automobile (000572) had a net inflow of 89.6548 million from institutional investors [3] - Qianli Technology (601777) had a net inflow of 38.1921 million from institutional investors [3] - Nanwei Software (603636) had a net inflow of 32.6605 million from institutional investors [3]

Group 1 - The company, Nanwei Software (603636.SH), has stated that it is currently not engaged in the research and development of "container cloud" technology [1] - The company will closely monitor the evolution trends of cutting-edge cloud computing technologies and will evaluate the introduction and application of new technologies based on its business needs and strategic direction [1]

格隆汇12月3日丨南威软件(603636.SH)在投资者互动平台表示，公司目前未开展"容器云"技术研发。公 司将密切关注云计算前沿技术的演进趋势，结合自身业务需求与战略方向，审慎评估新技术的引入与应 用。 ...

Group 1 - The digital watermark concept declined by 0.75%, ranking among the top declines in the concept sector, with notable declines from companies such as Green Alliance Technology, Nanwei Software, and ST Yilianzhong [1][2] - Among the digital watermark concept stocks, 11 companies saw price increases, with Visual China, Haitai Ruisheng, and Digital Vision leading the gains at 2.04%, 1.53%, and 1.06% respectively [1][2] - The digital watermark concept experienced a net outflow of 307 million yuan in main funds today, with 24 stocks seeing net outflows, and 5 stocks with outflows exceeding 30 million yuan, led by Nanwei Software with a net outflow of approximately 89.9 million yuan [2][3] Group 2 - The top net inflow stocks in the digital watermark concept included Visual China, Haitai Ruisheng, and Hengxin Oriental, with net inflows of 63.97 million yuan, 38.94 million yuan, and 7.96 million yuan respectively [2][3] - The stocks with the largest net outflows in the digital watermark concept included Nanwei Software, Beixin Source, and ST Lingnan, with net outflows of 89.9 million yuan, 40.17 million yuan, and 36.82 million yuan respectively [2][3] - The trading activity in the digital watermark concept showed a significant turnover rate, with Nanwei Software at 15.10% and other companies like Beixin Source and ST Lingnan also showing notable turnover rates [3]

Core Viewpoint - The article highlights the strong performance of the Fujian stock market on November 28, driven by the release of the "14th Five-Year Plan" suggestions, which emphasize the development of various industries, including artificial intelligence and infrastructure [1][2]. Group 1: Fujian Stock Market Activity - On November 28, multiple stocks in the Fujian sector, including Qian Zhao Guang Dian and Nan Wei Software, reached their daily limit up, with over 10 stocks closing at the limit [1][2]. - The trading volume significantly increased, particularly for Hai Xin Food, which experienced a "limit up" scenario [2]. Group 2: Economic Development Plans - The "14th Five-Year Plan" suggests strengthening five trillion-level industrial clusters, including new materials and green food, and developing five hundred billion-level clusters in artificial intelligence and robotics [2]. - The plan emphasizes the construction of new infrastructure and the modernization of transportation networks, aiming to enhance cross-regional coordination and connectivity [2]. Group 3: Digital Economy and Innovation - The article discusses the push for digital economy development, including the integration of digital government and society, and the establishment of a data factor empowerment system [3]. - It highlights the importance of artificial intelligence innovation and the establishment of provincial AI industrial parks to support various sectors [3]. Group 4: State-Owned Enterprise Reforms - The plan outlines the need for strategic restructuring of state-owned enterprises (SOEs) to enhance their core functions and competitiveness [4][5]. - It includes measures to deepen mixed-ownership reforms and improve corporate governance within SOEs [5]. Group 5: Infrastructure and Cross-Strait Relations - The article mentions the construction of comprehensive transportation logistics infrastructure to facilitate cross-strait connections, particularly with Kinmen and Matsu [6]. - It emphasizes the importance of creating favorable conditions for Taiwanese residents in Fujian, promoting integration and development [6].

Core Viewpoint - The A-share market in Fujian province experienced a rapid rise, with several stocks hitting the daily limit, driven by the announcement of the 15th Five-Year Plan for economic and social development in Fujian, which emphasizes infrastructure development and cross-strait economic cooperation [1] Group 1: Market Performance - Fujian stocks such as Xiamen Construction Machinery (厦工股份), Fujian Cement (福建水泥), and Nanwei Software (南威软件) reached their daily limit [1] - Other stocks like Bidding Shares (招标股份), Longgao Shares (龙高股份), and Haixia Innovation (海峡创新) also saw significant gains [1] Group 2: Policy Implications - The Fujian provincial government plans to construct transportation and logistics infrastructure and establish a comprehensive cross-strait hub [1] - Initiatives include enhancing water, electricity, gas, and bridge connectivity to Kinmen and Matsu, and exploring pathways for a common market across the strait [1] - The government aims to optimize the business environment for Taiwanese enterprises by easing market access restrictions and strengthening economic mechanisms [1]

Core Viewpoint - Nanwei Software experienced a decline of 2.02% in stock price on November 27, with a trading volume of 654 million yuan, indicating a negative market sentiment towards the company [1] Financing Summary - On November 27, Nanwei Software had a financing buy-in amount of 54.88 million yuan and a financing repayment of 79.04 million yuan, resulting in a net financing outflow of 24.16 million yuan [1] - The total financing and securities balance for Nanwei Software reached 382 million yuan, with the financing balance accounting for 4.99% of the circulating market value, which is above the 70th percentile of the past year [1] - The company also had a securities lending repayment of 3,500 shares and a securities lending sell of 100 shares, with a remaining securities lending balance of 12,020 shares valued at 1.58 million yuan, exceeding the 80th percentile of the past year [1] Business Performance - As of September 30, the number of shareholders for Nanwei Software increased to 65,700, a rise of 4.85%, while the average circulating shares per person decreased by 4.63% to 8,829 shares [2] - For the period from January to September 2025, Nanwei Software reported a revenue of 604 million yuan, reflecting a year-on-year growth of 66.52%, while the net profit attributable to the parent company was -101 million yuan, showing a year-on-year increase of 37.75% [2] Dividend Information - Since its A-share listing, Nanwei Software has distributed a total of 512 million yuan in dividends, with 77.77 million yuan distributed over the past three years [3] Institutional Holdings - As of September 30, 2025, the top ten circulating shareholders of Nanwei Software included Southern CSI 1000 ETF, which held 3.18 million shares, a decrease of 26,800 shares from the previous period [3] - Other notable shareholders included Hong Kong Central Clearing Limited and Huaxia CSI 1000 ETF, which also saw reductions in their holdings [3]

Market Overview - The Shanghai Composite Index rose by 0.87% on November 25, with 29 out of the 31 sectors experiencing gains, led by the communication and media sectors, which increased by 3.54% and 2.85% respectively [2] - The computer sector also saw an increase of 1.10% [2] Capital Flow - The net inflow of capital in the two markets was 13.215 billion yuan, with 19 sectors receiving net inflows [2] - The electronics sector had the highest net inflow of 5 billion yuan, followed closely by the communication sector with a net inflow of 4.881 billion yuan [2] Computer Sector Performance - In the computer sector, 336 stocks were tracked, with 273 stocks rising and 53 stocks declining [3] - The top three stocks with the highest net inflow were Rongji Software (4.25 billion yuan), South Network Digital (4.06 billion yuan), and Dahua Intelligent (1.90 billion yuan) [3] - The sector experienced a net outflow of 3.072 billion yuan, with the largest outflows from Zhongke Shuguang (7.75 billion yuan), Sanliu Ling (4.34 billion yuan), and Nanwei Software (2.04 billion yuan) [3][5] Top Gainers in Computer Sector - The top gainers in the computer sector included: - Rongji Software: +10.03%, turnover rate 47.81%, net inflow 425.13 million yuan - South Network Digital: +19.99%, turnover rate 55.02%, net inflow 406.37 million yuan - Dahua Intelligent: +10.02%, turnover rate 12.05%, net inflow 190.23 million yuan [4] Top Losers in Computer Sector - The top losers in the computer sector included: - Zhongke Shuguang: -0.44%, turnover rate 2.69%, net outflow -775.37 million yuan - Sanliu Ling: +1.15%, turnover rate 7.60%, net outflow -433.98 million yuan - Nanwei Software: -2.29%, turnover rate 22.81%, net outflow -204.03 million yuan [5]

Core Viewpoint - The trading volume of Nanwei Software reached 1.251 billion yuan, marking a new high since February 28, 2025, with the latest stock price increasing by 2.22% and a turnover rate of 14.75% [2] Summary by Category - **Trading Performance** - The stock's trading volume was 1.251 billion yuan, the highest since February 28, 2025 [2] - The stock price increased by 2.22% [2] - The turnover rate was recorded at 14.75% [2] - The previous trading day's total volume was 1.034 billion yuan [2]

Group 1 - The top 20 stocks with significant capital inflow as of November 24 include BlueFocus (1.143 billion yuan), DataPort (806 million yuan), and 360 (794 million yuan) [1] - Other notable stocks in the top 20 by capital inflow are Provincial Advertising Group (587 million yuan), China Shipbuilding (440 million yuan), and Zhangjiang Hi-Tech (403 million yuan) [1] - Additional companies with substantial inflows include Changxin Bochuang (357 million yuan), China Shipbuilding Defense (347 million yuan), and Leike Defense (317 million yuan) [1] Group 2 - The list also features Huajian Group (286 million yuan), Aerospace Development (269 million yuan), and ZTE Corporation (259 million yuan) [1] - Other companies in the top 20 include GAC Group (253 million yuan), Changying Precision (253 million yuan), and Great Wall Military Industry (248 million yuan) [1] - The final entries in the top 20 are Zhongfu Circuit (248 million yuan), Leo Group (243 million yuan), Kunlun Wanwei (240 million yuan), Midea Group (233 million yuan), and Nanwei Software (223 million yuan) [1]