New Stock Issuance - Tian Su Measurement (证券代码: 301449) issued at a price of 36.80[1] - Xi Hua Technology (证券代码: 732248) issued at a price of 10.10[1] Tender Offer Periods - Tender offer for Quan Yin Gao Ke (证券代码: 300087) from December 4, 2025, to January 5, 2026[1] - Tender offer for Tian Pu Shares (证券代码: 605255) from November 20, 2025, to December 19, 2025[1] Trading Alerts - *ST Guang Dao (证券代码: 920680) has 13 trading days remaining until the last trading day[1] - *ST Su Wu (证券代码: 600200) has 11 trading days remaining until the last trading day[1] Abnormal Fluctuations - Sai Wei Electronics (证券代码: 300456) reported severe abnormal fluctuations[1] - Other stocks with abnormal fluctuations include *ST Li Fang (证券代码: 300344) and *ST Zheng Ping (证券代码: 603843)[1]

Market Overview - The total trading volume in the Shanghai and Shenzhen markets reached 1.86 trillion yuan, an increase of 78.6 billion yuan compared to the previous trading day, with over 4,300 stocks declining across the market [1][9] - The three major A-share indices closed lower, with the Shanghai Composite Index down 0.7%, the Shenzhen Component Index down 1.27%, and the ChiNext Index down 1.41% [1][2] Sector Performance - Real estate, retail, cultural media, and communication equipment sectors experienced significant declines, while sectors such as nuclear power, wind power, and new stocks showed strength [3] - The CPO, cross-strait integration, duty-free shops, e-commerce, computing hardware, and AI application themes all faced pullbacks [3] Notable Stocks - Stocks such as Tianli Composite, Hahai Huaton, and Changpu Co. saw increases of 30%, 15.15%, and 12.01% respectively, indicating strong performance in specific sectors [4] - Conversely, stocks like Deyi Culture and China Wuyi faced declines of 13.38% and 10.09% respectively, highlighting volatility in certain areas [6] Capital Flow - Main capital flows showed net inflows into wind power equipment, aerospace, and energy metals, while sectors like semiconductors, media, and real estate saw net outflows [11] - Specific stocks such as Goldwind Technology, Yongding Co., and Snowman Group received net inflows of 1.106 billion yuan, 888 million yuan, and 732 million yuan respectively [11] Institutional Insights - HuLong Securities indicated that the continuation of positive policies through 2026 is expected to support the market's fundamentals [12] - Everbright Securities noted that the upcoming significant meeting in December could create favorable conditions for a market rebound [12] - Wanlian Securities highlighted that the current PB valuation of the brokerage sector is at a near ten-year low, suggesting potential for valuation recovery [12]

茂业商业、安记食品跌停，中百集团、中央商场、三江购物、广百股份、海欣食品等跌超7%。 (本文来自第一财经) 茂业商业、安记食品跌停，中百集团、中央商场、三江购物、广百股份、海欣食品等跌超7%。 (本文来自第一财经) ...

欣贺股份、舒华体育双双跌停，德艺文创跌超10%，新华都、安记食品、中国武夷、海欣食品、厦门空 港等跌超7%。 欣贺股份、舒华体育双双跌停，德艺文创跌超10%，新华都、安记食品、中国武夷、海欣食品、厦门空 港等跌超7%。 ...

Core Insights - The A-share market in Fujian experienced a collective pullback, with notable fluctuations in stock prices among various companies [1] Group 1: Stock Performance - De Yi Culture (德艺文创) saw an increase of over 12%, while Tianma Technology (天马科技), Shuhua Sports (舒华体育), and Haixin Food (海欣食品) hit the daily limit down [1] - Several companies approached the daily limit down, including Xinhe Shares (欣贺股份), Dahua Intelligent (达华智能), Xinhua Du (新华都), and Huichuan Beer (惠泉啤酒) [1] - Other companies like Anji Food (安记食品), Sanmu Group (三木集团), Zhongchuang Environmental Protection (中创环保), and Xiamen Xinda (厦门信达) experienced declines exceeding 8% [1] Group 2: Market Capitalization and Year-to-Date Performance - The market capitalization and year-to-date performance of several companies were highlighted, with De Yi Culture at 2.671 billion and a year-to-date increase of 52.69% [2] - Tianma Technology had a market cap of 8.713 billion and a year-to-date increase of 35.32% [2] - Shuhua Sports reported a market cap of 5.598 billion with a significant year-to-date increase of 77.53% [2] - Haixin Food had a market cap of 4.980 billion and a remarkable year-to-date increase of 107.89% [2]

Core Viewpoint - The A-share market in Fujian experienced a collective pullback on December 11, with significant declines in several stocks, indicating a bearish trend in the region's equity market [1]. Group 1: Stock Performance - De Yi Culture saw a notable increase of over 12%, while Tianma Technology, Shuhua Sports, and Hai Xin Food hit the daily limit down [1]. - Several companies approached the limit down, including Xin He Co., Da Hua Intelligent, Xin Hua Du, and Hui Quan Beer, with declines exceeding 8% [1]. - Other companies like China Wuyi, Fujian Jin Sen, Jiumuwang, and Huaying Technology experienced declines of over 7% [1]. Group 2: Market Data Summary - The following table summarizes the performance of key stocks: - De Yi Culture: -12.26% with a market cap of 2.671 billion and a year-to-date increase of 52.69% [2]. - Tianma Technology: -10.02% with a market cap of 8.713 billion and a year-to-date increase of 35.32% [2]. - Shuhua Sports: -10.00% with a market cap of 5.598 billion and a year-to-date increase of 77.53% [2]. - Hai Xin Food: -9.95% with a market cap of 4.980 billion and a year-to-date increase of 107.89% [2]. - Xin He Co.: -9.93% with a market cap of 4.844 billion and a year-to-date increase of 33.18% [2]. - Da Hua Intelligent: -9.33% with a market cap of 8.110 billion and a year-to-date increase of 53.80% [2]. - Xin Hua Du: -9.31% with a market cap of 6.730 billion and a year-to-date increase of 53.44% [2]. - Hui Quan Beer: -9.09% with a market cap of 3.200 billion and a year-to-date increase of 14.42% [2]. - An Ji Food: -8.82% with a market cap of 4.934 billion and a year-to-date increase of 157.77% [2]. - San Mu Group: -8.78% with a market cap of 3.096 billion and a year-to-date increase of 81.20% [2]. - Zhong Chuang Environmental: -8.57% with a market cap of 3.909 billion and a year-to-date decrease of 23.64% [2]. - Xiamen Xinda: -8.48% with a market cap of 4.886 billion and a year-to-date increase of 58.21% [2]. - Other companies also showed significant declines, with various market caps and year-to-date performance metrics [2].

Core Insights - The A-share market in Fujian experienced a collective pullback, with notable declines in several stocks, including a significant drop of over 12% for De Yi Culture [1] Group 1: Stock Performance - De Yi Culture saw a decline of 12.26%, with a total market capitalization of 2.671 billion [2] - Tianma Technology and Shuhua Sports both dropped by 10%, with market capitalizations of 8.713 billion and 5.598 billion respectively [2] - Haixin Food fell by 9.95%, with a market cap of 4.980 billion [2] - Other companies like Xinhe Shares, Dahua Intelligent, and Xinhua Du approached their daily limit down, with declines of 9.93%, 9.33%, and 9.31% respectively [2] - Companies such as Anji Food, Sanmu Group, and Zhongchuang Environmental Protection experienced declines exceeding 8% [1] Group 2: Year-to-Date Performance - Despite the recent pullback, some companies have shown strong year-to-date performance, with Shuhua Sports up by 77.53% and Haixin Food up by 107.89% [2] - Other companies like Dahua Intelligent and Xinhua Du also reported year-to-date increases of 53.80% and 53.44% respectively [2] - However, Zhongchuang Environmental Protection reported a year-to-date decline of 23.64% [2]

（文章来源：每日经济新闻） 每经AI快讯，12月11日，福建板块盘初走低，欣贺股份、舒华体育跌停，德艺文创跌超10%，新华都、 安记食品、中国武夷、海欣食品、厦门空港等跌超7%。 ...

安记食品(603696)今日下跌2.33%，全天换手率30.26%，成交额17.78亿元，振幅13.44%。龙虎榜数据显 示，营业部席位合计净卖出3886.22万元。 上交所公开信息显示，当日该股因日换手率达30.26%上榜，营业部席位合计净卖出3886.22万元。 证券时报·数据宝统计显示，上榜的前五大买卖营业部合计成交2.37亿元，其中，买入成交额为9927.17 万元，卖出成交额为1.38亿元，合计净卖出3886.22万元。 具体来看，今日上榜营业部中，第一大买入营业部为联储证券股份有限公司上海松林路证券营业部，买 入金额为3117.14万元，第一大卖出营业部为国泰海通证券股份有限公司河源越王大道证券营业部，卖 出金额为3631.64万元。 资金流向方面，今日该股主力资金净流出4540.65万元，其中，特大单净流入972.44万元，大单资金净流 出5513.09万元。近5日主力资金净流出1.09亿元。 融资融券数据显示，该股最新（12月9日）两融余额为1.20亿元，其中，融资余额为1.20亿元，融券余额 为48.30万元。近5日融资余额合计增加684.50万元，增幅为6.06%。融券余额合计增加1.19 ...

New Stock Listings - Baiaosaitu (688796) listed at an issue price of 26.68 on December 10, 2025[1] - Quanyin Gaoke (300087) has a tender offer period from December 4, 2025, to January 5, 2026[1] - Tiangong Co. (605255) has a tender offer period from November 20, 2025, to December 19, 2025[1] Delisting and Trading Alerts - ST Guangdao (920680) enters the delisting arrangement period starting December 11, 2025[1] - ST Suwu (600200) has 13 trading days remaining until the last trading day[1] Market Volatility - Hai Xin Food (002702) reported severe abnormal fluctuations[1] - Anji Food (603696) and other companies are under observation for abnormal trading activities[2] Additional Announcements - Multiple companies including Dongbai Group (600693) and Nanjing Business Travel (600250) have recent announcements linked to their stock codes[1] - Various companies are linked to announcements regarding abnormal fluctuations and trading activities[3]