Market Overview - The infrastructure sector declined by 0.77% on January 30, with Guosheng Technology leading the drop [1] - The Shanghai Composite Index closed at 4117.95, down 0.96%, while the Shenzhen Component Index closed at 14205.89, down 0.66% [1] Top Performers in Infrastructure Sector - Hongrun Construction (002062) closed at 10.19, up 5.82% with a trading volume of 490,800 shares and a transaction value of 497 million [1] - Chengbang Co., Ltd. (603316) closed at 14.81, up 5.63% with a trading volume of 276,400 shares and a transaction value of 406 million [1] - ST Jianhai (002586) closed at 4.92, up 4.90% with a trading volume of 272,900 shares and a transaction value of 131 million [1] Underperformers in Infrastructure Sector - Yuanzhang Technology (603778) closed at 12.89, down 6.73% with a trading volume of 975,900 shares and a transaction value of 1.284 billion [2] - Guanzhong Ecology (300948) closed at 20.64, down 5.06% with a trading volume of 96,000 shares and a transaction value of 201 million [2] - ST Lingnan (002717) closed at 1.60, down 4.76% with a trading volume of 522,200 shares and a transaction value of 84.62 million [2] Capital Flow Analysis - The infrastructure sector experienced a net outflow of 1.301 billion from main funds, while retail investors saw a net inflow of 1.117 billion [2] - The main funds showed a negative net flow in several companies, including Hongrun Construction with a net outflow of 29.1 million [3] - Retail investors contributed positively to companies like Chengbang Co., Ltd. with a net inflow of 1.419 million [3]

Major Announcements - China Gold announced that its stock trading shows signs of market sentiment overheating, which may lead to a risk of short-term declines after significant price increases. The company's P/E ratio is 55.63, significantly higher than the industry median of 28.60 [1] - Zhaojin Mining stated that the prices of its gold and gold concentrate products are highly influenced by fluctuations in gold prices, which could significantly impact its operating performance if gold prices experience large swings [2] - Silver (Core Stock) Nonferrous reported that the revenue from its gold and silver products constitutes a low proportion of total operating income, with gold product sales accounting for 18.67% and silver product sales for 4.54% of total revenue [3] Company-Specific Risks - Hunan Silver (Core Stock) indicated that it has a relatively low amount of proven metal resources compared to industry peers, which poses a resource reserve risk. The company also faces risks from silver price fluctuations and has a low gross margin of 6.54% compared to mining companies [4] - TianShun Wind Energy decided to implement a long-term shutdown of six wholly-owned subsidiaries due to increasing market competition, aiming to optimize resource allocation and focus on core businesses like offshore wind power [5] - Qidi Environment expects a negative net asset value by the end of 2025, which may lead to a risk warning for its stock trading if the audited net assets are confirmed to be negative [6] Performance Forecasts - BlueFocus anticipates a net profit of 1.8 billion to 2.2 billion yuan for 2025, benefiting from growth in overseas business and improved credit management [12] - Shengyi Technology expects a net profit of 3.25 billion to 3.45 billion yuan for 2025, representing a year-on-year increase of 87% to 98% due to rising sales of copper-clad laminates [13] - Sichuan Gold forecasts a net profit of 420 million to 480 million yuan for 2025, up 69.23% to 93.4% year-on-year, driven by increased sales volume and rising gold prices [14] - Dongfang Communication predicts a net profit of approximately 360 million yuan for 2025, a year-on-year increase of about 138.5%, primarily due to significant investment gains from the disposal of financial assets [15] Other Notable Announcements - Yunnan Copper confirmed that its production and operations are normal, with no undisclosed significant matters, despite its stock experiencing a 20% price fluctuation [9] - Liou Co. reported that its operations are normal, with no undisclosed significant matters, and its stock has also seen a significant price fluctuation [10] - Guosheng Securities expects a net profit of 210 million to 280 million yuan for 2025, reflecting a year-on-year increase of 25.44% to 67.25% due to robust business development [29]

证券代码：603778 证券简称：国晟科技 公告编号：临 2026-010 国晟世安科技股份有限公司 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。 重要风险提示： 国晟世安科技股份有限公司（以下简称"公司"）股票于2026年1月27日、 2026年1月28日、2026年1月29日连续三个交易日内收盘价格跌幅偏离值累计超过 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情 况。 经公司自查，并向公司控股股东及实际控制人书面问询核实，截至本公 告披露日，确认不存在应披露而未披露的重大事项或重要信息。 公司预计2025年年度实现归属于上市公司股东的净利润为-65,000万元 到-32,500万元。敬请广大投资者注意公司业绩风险。 1 目前公司生产经营活动正常有序开展，市场环境、行业政策未发生重大调整， 内部生产经营秩序正常，不存在应披露而未披露的重大信息。 （二）重大事项情况 公司于 2025 年 10 月 14 日披露了《关于对外投资暨关联交易的公告》，公司 二级控股子公司安徽国晟新 ...

Market Overview - The infrastructure sector experienced a decline of 0.17% on January 29, with Guosheng Technology leading the drop [1] - The Shanghai Composite Index closed at 4157.98, up 0.16%, while the Shenzhen Component Index closed at 14300.08, down 0.3% [1] Individual Stock Performance - Chengbang Co., Ltd. (603316) saw a closing price of 14.02, with an increase of 4.63% and a trading volume of 283,200 shares, totaling a transaction value of 405 million yuan [1] - Yingfan Technology (001396) closed at 44.55, up 4.19%, with a trading volume of 44,700 shares and a transaction value of 195 million yuan [1] - Guosheng Technology (603778) reported a significant decline of 9.44%, closing at 13.82, with a trading volume of 1,131,400 shares and a transaction value of 1.613 billion yuan [2] Capital Flow Analysis - The infrastructure sector experienced a net outflow of 2.431 billion yuan from major funds, while retail investors saw a net inflow of 1.502 billion yuan [2] - Major funds showed a net inflow in Chengbang Co., Ltd. (603316) of 55.093 million yuan, while retail investors had a net outflow of 29.029 million yuan [3] - The overall capital flow indicates a mixed sentiment, with institutional investors pulling back while retail investors are more active in the market [2][3]

Market Overview - The infrastructure sector experienced a decline of 2.16% on January 27, with Guosheng Technology leading the drop [1] - The Shanghai Composite Index closed at 4139.9, up 0.18%, while the Shenzhen Component Index closed at 14329.91, up 0.09% [1] Stock Performance - Notable gainers in the infrastructure sector included: - Huylv Ecological (Code: 001267) with a closing price of 28.09, up 9.98% [1] - ST Lingnan (Code: 002717) with a closing price of 69.T, up 3.68% [1] - Major decliners included: - Guosheng Technology (Code: 603778) with a closing price of 16.85, down 9.21% [2] - China Railway (Code: 601390) with a closing price of 5.54, down 4.48% [2] Trading Volume and Capital Flow - The infrastructure sector saw a net outflow of 1.145 billion yuan from main funds, while retail investors contributed a net inflow of 741 million yuan [2] - The trading volume for Guosheng Technology reached 81.24 million shares, with a transaction value of 1.424 billion yuan [2] Individual Stock Capital Flow - Huylv Ecological had a main fund net inflow of 180 million yuan, while retail investors showed a net outflow of 92.43 million yuan [3] - ST Lingnan experienced a main fund net inflow of 28.66 million yuan, with retail investors showing a net outflow of 16.95 million yuan [3]

Group 1 - The core viewpoint of the article highlights the recent surge in the photovoltaic sector following Elon Musk's comments about building solar-powered AI data centers in space, which led to significant stock price increases in related companies [1] - Guosheng Technology, previously a high-flying stock, has seen a stark contrast in its performance, experiencing a dramatic rise of over 400% from November to January, only to face regulatory scrutiny and subsequent trading halts [3][7] - The company has been involved in speculative trading, with frequent movements driven by market sentiment rather than fundamentals, leading to a volatile stock price trajectory [7][10] Group 2 - Guosheng Technology's transition into the photovoltaic industry has been challenging, as it was previously focused on landscaping and has struggled with losses, particularly during a period of industry overcapacity and declining component prices [3][10] - The company has projected continuous losses from 2023 to 2025, with an expected net loss of between 325 million to 650 million yuan in 2025, indicating a significant deterioration in financial performance [10] - An employee stock incentive plan has been introduced, but it is contingent on achieving ambitious revenue targets of 2 billion, 3 billion, and 6 billion yuan for the years 2025 to 2027, which appear unrealistic given the current revenue decline [10][11]

Core Viewpoint - Guosheng Technology Co., Ltd. has announced a projected net profit loss of between 650 million and 325 million yuan for the fiscal year 2025, leading to a significant drop in stock price and subsequent trading volatility [1][2]. Group 1: Financial Performance - The company expects a net profit loss of -650 million to -325 million yuan for the fiscal year 2025 [1][2]. - Following the announcement, the company's stock hit the daily limit down on January 21 and experienced a "limit up" on January 22 [1]. Group 2: Regulatory Issues - Guosheng Technology is facing administrative regulatory measures and potential investor claims due to inaccurate financial disclosures related to its landscaping business and other operational issues [1][4]. - The company failed to accurately confirm revenue costs in previous years, leading to misleading information in its 2022 annual report and 2023 semi-annual report [4]. Group 3: Internal Control Failures - There were significant deficiencies in internal controls regarding the new photovoltaic business segment, including management of the entire EPC business cycle, supplier qualification, inventory management, and external borrowing [4]. - The company did not follow proper procedures for external borrowing, with a subsidiary misclassifying 87.5 million yuan as an engineering prepayment without proper reporting to management [4]. Group 4: Investor Compensation - Affected investors can register for compensation through the "Sina Investor Rights Protection Platform" if they purchased shares during specified periods [2][5]. - The conditions for compensation include holding shares bought between November 7, 2023, and January 28, 2024, or between April 27, 2023, and September 19, 2025, regardless of subsequent selling [3][6].

Group 1 - The Shanghai Stock Exchange (SSE) reported that from January 19 to 23, it took self-regulatory measures against 152 cases of abnormal trading behaviors, including price manipulation and false declarations [1] - The SSE focused on monitoring stocks with significant volatility, such as *ST Zhengping, *ST Yazhen, Guosheng Technology, Tiangpu Co., and Shangwei New Materials, and conducted special investigations on 20 major corporate events, reporting 3 suspected illegal cases to the China Securities Regulatory Commission (CSRC) [1] - The Shenzhen Stock Exchange (SZSE) took self-regulatory measures against 326 cases of abnormal trading behaviors during the same period, involving price manipulation and false declarations [1] Group 2 - The SZSE specifically monitored *ST Lifang and *ST Changyao, which are under investigation by the CSRC for suspected false financial reporting, and conducted investigations on 6 major corporate events, reporting 1 suspected illegal case to the CSRC [1] - The Beijing Stock Exchange (BSE) continued to monitor the delisting risk warning stock "*ST Yunchuang" and took self-regulatory measures against 17 cases of abnormal trading behaviors, including price manipulation and false declarations [1] - The BSE also conducted a special investigation on 1 major corporate event during this period [1]

国晟科技(603778)今日上涨3.28%，全天换手率24.13%，成交额28.05亿元，振幅21.41%。龙虎榜数据显 示，营业部席位合计净卖出1.61亿元。 上交所公开信息显示，当日该股因日振幅值达21.41%、日换手率达24.13%上榜，营业部席位合计净卖 出1.61亿元。 2025年10月30日公司发布的三季报数据显示，前三季度公司共实现营业收入4.50亿元，同比下降 57.79%，实现净利润-1.51亿元。 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4.44亿元，其中，买入成交额为1.41亿 元，卖出成交额为3.02亿元，合计净卖出1.61亿元。 具体来看，今日上榜营业部中，第一大买入营业部为国信证券股份有限公司浙江互联网分公司，买入金 额为4318.67万元，第一大卖出营业部为方正证券股份有限公司杭州南山路证券营业部，卖出金额为1.52 亿元。 近半年该股累计上榜龙虎榜31次，上榜次日股价平均涨1.33%，上榜后5日平均涨9.45%。 资金流向方面，今日该股主力资金净流出6.06亿元，其中，特大单净流出4.18亿元，大单资金净流出 1.88亿元。近5日主力资金净流出3.28亿元。 | ...

证券代码：603778 证券简称：国晟科技 公告编号：临 2026-009 重要风险提示： 国晟世安科技股份有限公司（以下简称"公司"）股票于2026年1月22日涨 停，当日振幅达到20.04%，换手率达到23.82%，2026年1月23日公司股票换手率 达到24.13%，短期内公司股票价格波动较大，存在炒作风险，敬请广大投资者注 意投资风险。 公司所属电气机械和器材制造业最新市净率为3.30，公司市净率为16.26， 高于行业平均水平。 公司预计2025年年度实现归属于上市公司股东的净利润为-65,000万元 到-32,500万元，敬请广大投资者注意公司业绩风险。 国晟世安科技股份有限公司 股票交易风险提示公告 公司于2025年10月14日披露了《关于对外投资暨关联交易的公告》，本次 对外投资事项将使公司承担一定的流动性风险，项目贷款资金尚未到位，投资标 的尚未开展实际经营，存在可能无法实现预期收益的风险，受政策等影响，项目 推进实施和商业化前景具有不确定性，敬请投资者注意投资风险。 公司于2025年11月25日披露了《关于收购铜陵市孚悦科技有限公司100% 股权的公告》，本次股权收购事项的并购贷款尚在审批 ...