Core Viewpoint - Shenzhen New Star has experienced a significant stock price increase, achieving three consecutive daily limit-ups, with a total rise of 33.09% during this period [2] Stock Performance - As of November 7, the stock price reached 38.73 yuan, with a turnover rate of 1.06% and a trading volume of 2.2449 million shares, resulting in a transaction amount of 86.9466 million yuan [2] - The stock's limit-up order amount was 72.0091 million yuan, and the total market capitalization of A-shares reached 8.176 billion yuan [2] - The stock has shown a cumulative turnover rate of 10.91% over the consecutive limit-up days [2] Margin Trading Data - As of November 7, the margin trading balance for the stock was 342 million yuan, with a financing balance of 342 million yuan, reflecting an increase of 27.2593 million yuan from the previous trading day, a rise of 8.66% [2] - Over the past three days, the margin trading balance has increased by 38.7962 million yuan, representing a growth of 12.79% [2] Institutional Activity - The stock was listed on the Dragon and Tiger List due to a cumulative price deviation of 20% over three trading days, with institutional net purchases amounting to 37.1596 million yuan and total net purchases from brokerage seats reaching 7.1465 million yuan [2] Financial Performance - According to the Q3 report, the company achieved an operating income of 2.324 billion yuan, reflecting a year-on-year growth of 25.54% [2] - The net profit for the first three quarters was -61.8298 million yuan, with a year-on-year increase of 37.02%, and the basic earnings per share was -0.3100 yuan [2] Company Background - Shenzhen New Star Light Alloy Materials Co., Ltd. was established on July 23, 1992, with a registered capital of 2.11094299 billion yuan [2]

Group 1 - The fluorochemical sector opened high on November 10, with Shenzhen Xinxing hitting the daily limit up [1] - Lu Xi Chemical increased by over 9%, indicating strong market performance [1] - Other stocks such as Tianji Co., Yongtai Technology, Duofluor, and Yuntianhua also experienced gains [1]

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个别及连带责任。 证券代码：603978 证券简称：深圳新星 公告编号：2025-102 深圳市新星轻合金材料股份有限公司 股票交易异常波动公告 重要内容提示： 深圳市新星轻合金材料股份有限公司（以下简称"公司"）股票于 2025 年 11 月 6 日、11 月 7 日连续两个交易日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的情形。 经公司自查，并书面问询公司控股股东、实际控制人及其一致行动人， 截至本公告披露日，不存在应披露而未披露的重大事项或重要信息。 敬请广大投资者理性投资，注意投资风险。 一、股票交易异常波动的具体情况 公司股票于 2025 年 11 月 6 日、11 月 7 日连续两个交易日收盘价格涨幅偏 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 易异常波动的情形。 二、公司关注并核实的相关情况 （一）生产经营情况 （三）媒体报道、市场传闻、热点概念情况 经公司自查，未发现对公司股票交易价格 ...

Core Viewpoint - The PVDF concept sector has seen a rise of 2.38%, ranking 7th among concept sectors, with 14 stocks increasing in value, including notable gains from companies like Duofluor and Shenzhen New Star, which hit the daily limit [1][2]. Market Performance - The top-performing concept sectors today include: - Organic Silicon: +4.65% - Fluorochemical: +3.92% - Silicon Energy: +3.67% - Phosphate Chemical: +3.47% - Titanium Dioxide: +3.37% - PVDF: +2.38% [2] - The PVDF sector attracted a net inflow of 1.199 billion yuan, with 9 stocks receiving significant capital inflows, and 5 stocks seeing over 50 million yuan in net inflow [2]. Key Stocks in PVDF Sector - The leading stocks in terms of net capital inflow and performance include: - Duofluor: +10.01%, net inflow of 838.53 million yuan, net inflow ratio of 11.72% - Zhejiang Zhongcheng: +9.95%, net inflow of 159.31 million yuan, net inflow ratio of 45.45% - Purtai: +2.74%, net inflow of 85.67 million yuan, net inflow ratio of 5.08% [3][4]. Declining Stocks - Stocks with notable declines include: - Zhongchuang Environmental Protection: -4.44% - Shengjing Micro: -2.18% - Dongfeng Group: -2.00% [1][4].

Market Overview - The metal new materials sector experienced a slight decline of 0.0% on November 7, with AnTai 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 - Shenzhen New Star (603978) saw a significant increase of 10.00%, closing at 35.21 with a trading volume of 94,300 shares and a turnover of 330 million [1] - Yunlu Co., Ltd. (061889) increased by 6.70%, closing at 125.38 with a trading volume of 21,000 shares and a turnover of 260 million [1] - AnTai Technology (000969) led the decline with a drop of 4.30%, closing at 20.26 with a trading volume of 1,006,400 shares and a turnover of 2.057 billion [2] Capital Flow - The metal new materials sector saw a net outflow of 423 million from main funds, while retail investors contributed a net inflow of 428 million [2] - The capital flow data indicates that retail investors were more active in the sector, contrasting with the outflow from institutional investors [2] Individual Stock Capital Flow - Galaxy Magnetics (300127) had a main fund net inflow of 9.88 million, while retail investors saw a net outflow of 15.46 million [3] - Sry New Materials (688102) experienced a main fund net inflow of 19.27 million, with a retail net outflow of 25.80 million [3] - Longmag Technology (300835) had a main fund net inflow of 6.38 million, while retail investors recorded a net inflow of 736,010 [3]

Group 1 - The fluorochemical sector in the A-share market has shown strong performance, with several stocks hitting their daily limit up, including Dongyue Silicon Materials and Zhongxin Fluorine Materials [1] - Dongyue Silicon Materials experienced a 20.04% increase, while Zhongxin Fluorine Materials and other companies like Duofluor and Shida Shenghua saw a 10% rise [2] - The price of lithium hexafluorophosphate has continued to rise, reaching nearly 120,000 yuan per ton, driven by supply-demand imbalances and increased demand from the new energy and energy storage sectors [2][3] Group 2 - The price of lithium hexafluorophosphate has surged over 140% in less than four months, from a low of 49,800 yuan per ton in July to 119,800 yuan per ton in November [3] - The increase in lithium hexafluorophosphate prices is attributed to a combination of surging demand from downstream industries and cautious capacity expansion in the supply chain [3] - The market is expected to remain in a tight supply-demand balance until 2026, indicating potential for further price increases [3]

Core Viewpoint - The fluorochemical sector in the A-share market is experiencing significant growth, driven by the rising prices of lithium hexafluorophosphate and strong demand from the new energy and energy storage industries [1] Price Trends - The price of lithium hexafluorophosphate has surged, reaching nearly 120,000 yuan/ton within a week after breaking 110,000 yuan/ton on October 31 [1] - The price has increased over 140% from its low of 49,800 yuan/ton on July 18 to the current mainstream price of 119,800 yuan/ton [1] Supply and Demand Dynamics - The market is facing a tight supply-demand balance, with the supply likely to remain constrained until 2026, suggesting further price increases are possible [1] - The price increase is attributed to a combination of surging demand from downstream industries and cautious capacity expansion on the supply side [1] Stock Performance - Several fluorochemical stocks have shown strong performance, with notable gains including: - Dongyue Silicon Materials: 20.04% increase, market cap of 13.7 billion yuan, YTD increase of 46.85% [2] - Zhongxin Fluorine Materials: 10.02% increase, market cap of 8.83 billion yuan, YTD increase of 112.28% [2] - Duofluorine: 10.01% increase, market cap of 38.2 billion yuan, YTD increase of 171.70% [2] - Other companies like Tianji Co., Shenzhen New Star, and Tianqi Materials also reported significant gains [2]

Market Overview - As of November 6, the Shanghai Composite Index closed at 4007.76 points, with a change of +0.97%. The Shenzhen Component Index closed at 13452.42 points, up by +1.73%, and the ChiNext Index closed at 3224.62 points, increasing by +1.84% [1]. Trading Volume Analysis - A total of 2538 stocks saw an increase in average transaction volume, with 68 stocks experiencing a rise of over 50%. Conversely, 2024 stocks reported a decrease in average transaction volume [1]. - Notable stocks with significant increases in average transaction volume include: - Triangle Defense (300775) with a 313.11% increase in average transaction volume [1]. - Jia Electric (000922) with a 234.79% increase [1]. - Shenzhen New Star (603978) with a 228.34% increase [1]. Active Stocks - The stocks with the highest increase in transaction counts include: - ST Dongni (603595) with a staggering 28229.73% increase in transaction counts [2]. - HeFu China (603122) with a 3238.50% increase [2]. - ST Huapeng (603021) with a 1632.18% increase [2]. Stocks with Significant Growth - Triangle Defense (300775) showed a daily increase of 20.01% with both average transaction volume and transaction counts exceeding 50% [3]. - Other notable stocks with both metrics exceeding 50% include: - Parker New Materials (605123) with a 10.00% increase [4]. - Qing Shui Yuan (300437) with a 20.04% increase [4]. - Han Yu Group (300403) with a 17.40% increase [4].

Core Insights - The fluorochemical sector experienced a rise of 2.29%, ranking 9th among concept sectors, with 32 stocks increasing in value, including Yuntianhua, Shenzhen Xinxing, and Furui Shares reaching their daily limit [1] - The leading gainers in the sector were Hubei Yihua, Xingfa Group, and Xinyangfeng, with increases of 6.62%, 6.58%, and 6.09% respectively [1] - Conversely, the biggest decliners included Kaimete Gas, Hainan Mining, and China Shipbuilding Gas, with declines of 3.20%, 2.83%, and 1.67% respectively [1] Sector Performance - The fluorochemical concept saw a net inflow of 0.40 billion yuan from main funds, with 23 stocks receiving net inflows, and 6 stocks exceeding 50 million yuan in net inflows [1] - Yuntianhua led the net inflow with 1.34 billion yuan, followed by Furui Shares, Hubei Yihua, and Shenzhen Xinxing with net inflows of 1.29 billion yuan, 1.10 billion yuan, and 603.08 million yuan respectively [1] Fund Flow Ratios - The stocks with the highest net inflow ratios included Furui Shares, Shenzhen Xinxing, and Kangpeng Technology, with net inflow ratios of 20.75%, 16.67%, and 9.08% respectively [2] - Yuntianhua had a daily increase of 10.00% with a turnover rate of 5.85% and a main fund flow of 134.47 million yuan [2] - Hubei Yihua and Shenzhen Xinxing also showed significant performance with increases of 6.62% and 10.00% respectively, alongside notable turnover rates [2][3]

Core Insights - The PVDF concept sector saw a rise of 2.50%, ranking third among concept sectors, with 13 stocks increasing in value, including Shenzhen Xinxing which hit the daily limit, and Dongyangguang, Juhua Co., and Dongfeng Group showing notable gains of 4.62%, 4.28%, and 3.96% respectively [1] - The sector experienced a net outflow of 106 million yuan in main funds, with 11 stocks receiving net inflows, and 7 stocks seeing inflows exceeding 10 million yuan, led by Shenzhen Xinxing with a net inflow of 60.31 million yuan [2] - The top three stocks by net inflow ratio were Shenzhen Xinxing, Jinming Precision, and Zhejiang Zhongcheng, with ratios of 16.67%, 7.19%, and 6.86% respectively [3] Sector Performance - The PVDF concept sector's performance was highlighted by the significant daily increase, with Shenzhen Xinxing leading the gains [1] - Other notable performers included Dongyangguang and Juhua Co., which also contributed to the overall positive movement in the sector [1] - Conversely, stocks such as Duofluor and Huitian New Materials faced declines, with respective decreases of 1.39% and 1.11% [1] Fund Flow Analysis - The main fund flow analysis indicated that Shenzhen Xinxing attracted the highest net inflow, followed by Dongyangguang and Zhejiang Zhongcheng, reflecting strong investor interest in these stocks [2][3] - The net inflow ratios for the leading stocks suggest a robust demand, particularly for Shenzhen Xinxing, which indicates a strong market sentiment towards this stock [3] - The overall net outflow in the PVDF sector suggests a mixed sentiment among investors, despite the positive price movements of certain stocks [2]