关于控股股东之一致行动人减持股份结果公告 本公司董事会、全体董事及相关股东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。 重要内容提示： 控股股东之一致行动人持股的基本情况 本次减持计划实施前，杭州联德精密机械股份有限公司（以下简称"公司"） 股东湖州旭腾企业管理合伙企业（有限合伙）（以下简称"湖州旭腾"）持有公 司股份 3,042,000 股，占公司总股本的 1.26%。 湖州佳宏企业管理合伙企业(有限合伙)（曾用名"杭州佳扬投资合伙企业（有 限合伙）"，以下简称"湖州佳宏"）持有公司股份 2,916,000 股，占公司总股 本的 1.21%。 湖州朔谊企业管理合伙企业（有限合伙）（以下简称"湖州朔谊"）持有公 司股份 2,772,000 股，占公司总股本的 1.15%。 证券代码：605060 证券简称：联德股份 公告编号：2025-044 杭州联德精密机械股份有限公司 湖州迅嘉企业管理合伙企业（有限合伙）（以下简称"湖州迅嘉"）持有公 司股份 2,646,000 股，占公司总股本的 1.10%。 湖州旭腾、湖州佳宏、湖州朔谊和湖州迅嘉均为公司 ...

格隆汇12月4日丨联德股份(605060.SH)公布，截至2025年12月3日，湖州旭腾、湖州佳宏、湖州朔谊、 湖州迅嘉通过集中竞价方式减持公司股份240.58万股，占公司股份总数的1.00%，大宗交易方式减持公 司股份328.22万股，占公司股份总数的1.37%，本次减持计划实施完毕。 湖州旭腾、湖州佳宏、湖州朔谊和湖州迅嘉均为公司员工持股平台，其股份均来源于 IPO 前取得，上 述企业系公司控股股东杭州联德控股有限公司的一致行动人。 ...

东方红沪港深混合（002803）成立日期2016年7月11日，最新规模24.77亿。今年以来收益38.61%，同类 排名1679/8122；近一年收益33.91%，同类排名1911/8056；成立以来收益117.2%。 东方红沪港深混合（002803）基金经理为秦绪文。 截至发稿，秦绪文累计任职时间9年318天，现任基金资产总规模57.78亿元，任职期间最佳基金回报 55.99%， 任职期间最差基金回报-21.48%。 12月2日，联德股份涨5.03%，截至发稿，报36.99元/股，成交7680.25万元，换手率0.89%，总市值88.99 亿元。 资料显示，杭州联德精密机械股份有限公司位于浙江省杭州经济技术开发区18号大街77号，成立日期 2001年2月12日，上市日期2021年3月1日，公司主营业务涉及从事高精度机械零部件以及精密型腔模产 品的研发、设计、生产和销售,提供从铸造到精加工的一站式服务。主营业务收入构成为：压缩机部件 54.59%，工程机械部件35.21%，其他10.21%。 从联德股份十大流通股东角度 数据显示，东证资管旗下1只基金位居联德股份十大流通股东。东方红沪港深混合（002803）三 ...

截至发稿，高洁累计任职时间5年2天，现任基金资产总规模130.9亿元，任职期间最佳基金回报 16.71%， 任职期间最差基金回报-0.92%。 刘赞累计任职时间3年19天，现任基金资产总规模11.45亿元，任职期间最佳基金回报73.92%， 任职期 间最差基金回报-2.92%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 12月2日，联德股份涨5.03%，截至发稿，报36.99元/股，成交7680.25万元，换手率0.89%，总市值88.99 亿元。 资料显示，杭州联德精密机械股份有限公司位于浙江省杭州经济技术开发区18号大街77号，成立日期 2001年2月12日，上市日期2021年3月1日，公司主营业务涉及从事高精度机械零部件以及精密型腔模产 品的研发、设计、生产和销售,提供从铸造到精加工的一站式服务。主营业务收入构成为：压缩机部件 54.59%，工程机械部件35.21%，其他10.21%。 从基金十大重仓股角度 数据显示，格林基金旗下1只基金重仓联德股份。格林鑫利 ...

- The report discusses the "Volume Timing Signal" model, which indicates a cautious view for all indices as of November 21, 2025[24][25] - The "Number of Rising Stocks in the CSI 300 Index" sentiment indicator is used to gauge market sentiment by calculating the proportion of stocks with positive returns over a certain period[25][26] - The "Number of Rising Stocks in the CSI 300 Index" timing tracking involves smoothing the indicator over two different periods to capture its trend, with a bullish view when the short-term line is above the long-term line[27][28][29] - The "Moving Average Sentiment Indicator" uses the eight moving averages system to assess the trend state of the CSI 300 Index, assigning values based on the position of the moving average range[33][34][35] - The "Moving Average Sentiment Indicator" shows that the CSI 300 Index is currently in a non-prosperous sentiment range as of November 21, 2025[33][36][37] Model Backtest Results - Volume Timing Signal: All indices show a cautious view as of November 21, 2025[24][25] - Number of Rising Stocks in the CSI 300 Index: The indicator has recently declined, with the proportion of rising stocks slightly above 50%, indicating cooling market sentiment[25][26] - Number of Rising Stocks in the CSI 300 Index Timing Tracking: Both the fast and slow lines are declining, with the fast line below the slow line, indicating a cautious view for the near future[27][28][29] - Moving Average Sentiment Indicator: The CSI 300 Index is in a non-prosperous sentiment range as of November 21, 2025[33][36][37] Factor Construction and Evaluation - Cross-sectional volatility: The recent week saw a decline in cross-sectional volatility for CSI 300 and CSI 500 index constituents, indicating a deteriorating short-term alpha environment, while the CSI 1000 index constituents saw an increase, indicating an improving short-term alpha environment[2][38] - Time-series volatility: The recent week saw a decline in time-series volatility for CSI 300 index constituents, indicating a deteriorating alpha environment, while the CSI 500 and CSI 1000 index constituents saw an increase, indicating an improving alpha environment[2][39][40] Factor Backtest Results - Cross-sectional volatility: - CSI 300: 2.28% (recent quarter average), 83.44% (recent quarter average as a percentile of the past two years) - CSI 500: 2.44% (recent quarter average), 78.57% (recent quarter average as a percentile of the past two years) - CSI 1000: 2.60% (recent quarter average), 83.67% (recent quarter average as a percentile of the past two years)[39] - Time-series volatility: - CSI 300: 0.73% (recent quarter average), 77.23% (recent quarter average as a percentile of the past two years) - CSI 500: 0.53% (recent quarter average), 80.16% (recent quarter average as a percentile of the past two years) - CSI 1000: 0.27% (recent quarter average), 82.07% (recent quarter average as a percentile of the past two years)[42]

Core Viewpoint - The announcement from Linde Co., Ltd. indicates a significant reduction in shareholding by major stakeholders, which may impact the company's control dynamics and investor sentiment [2] Shareholding Changes - Linde Co., Ltd. received a notification regarding a reduction in shareholding by several management partnerships, including Huzhou Xuteng and Huzhou Jiahong, from November 5 to November 20, 2025 [2] - A total of 949,500 shares were sold through centralized bidding, accounting for 0.39% of the company's total shares, and an additional 1,352,800 shares were sold via block trading, representing 0.56% of the total shares [2] - The combined shareholding of the actual controller and its concerted parties decreased from 65.96% to 64.99%, marking a change that touches the 5% threshold [2]

Core Viewpoint - The company is a leading player in the global commercial air conditioning compressor casting market and is strategically entering the AIDC cooling and power supply sectors, leveraging long-term partnerships with major global clients [1][4]. Group 1: Business Overview - The company has a strong foothold in the commercial air conditioning compressor casting and engineering machinery casting sectors, with over 10 years of collaboration with top clients like Johnson Controls, Ingersoll Rand, and Caterpillar [1]. - The company is expected to benefit from a compound annual growth rate (CAGR) of 12.7% in revenue and 13.3% in net profit attributable to shareholders from 2016 to 2024, indicating a robust growth trend [1]. Group 2: AIDC Market Potential - The AIDC sector is experiencing significant investment from global tech giants, with the cooling segment projected to exceed 10 billion USD in the U.S. by 2028 [2]. - The power supply segment is also expanding due to aging electrical infrastructure in the U.S., with gas turbines and diesel generators likely becoming mainstream solutions [2]. Group 3: Competitive Advantages - The company's integrated "casting + machining" capabilities provide a competitive edge, allowing for high product value and superior profitability compared to peers [3]. - The dual-core production layout in Deqing and Mexico positions the company to capture domestic and international orders while ensuring supply chain security for North American clients [3]. Group 4: Future Growth and Valuation - The company is expected to see net profits of 220 million, 300 million, and 410 million CNY from 2025 to 2027, with corresponding price-to-earnings ratios of 38, 28, and 20 times [3]. - The company has initiated a stock incentive plan to align the interests of key personnel, further strengthening its operational capabilities [3].

Core Viewpoint - LianDe Co., Ltd. (605060.SH) reported a reduction in shareholding by its actual controller and related parties, with a total decrease of 5% in shareholding ratio [1] Shareholding Changes - From November 5 to November 20, 2025, Huzhou Xuteng, Huzhou Jiahong, Huzhou Shuoyi, and Huzhou Xunjia reduced their holdings by 949,500 shares through centralized bidding, accounting for 0.39% of the total shares [1] - Additionally, 1,352,800 shares were reduced through block trading, representing 0.56% of the total shares [1] - The combined shareholding ratio of the actual controller and its concerted parties decreased from 65.96% to 64.99%, reaching the 5% threshold for equity changes [1]

Core Viewpoint - The company, LianDe Co., Ltd. (605060.SH), reported a significant reduction in shareholding by its actual controller and related parties, with a total decrease of 5% in shareholding ratio [1] Shareholding Changes - From November 5 to November 20, 2025, Huzhou Xuteng, Huzhou Jiahong, Huzhou Shuoyi, and Huzhou Xunjia collectively reduced their holdings by 949,500 shares through centralized bidding, accounting for 0.39% of the total shares [1] - Additionally, they reduced their holdings by 1,352,800 shares through block trading, representing 0.56% of the total shares [1] - The combined shareholding ratio of the actual controller and its concerted parties decreased from 65.96% to 64.99%, marking a significant change in equity [1]

信息披露义务人姓名/名称：湖州佳宏企业管理合伙企业(有限合伙) 通讯地址： 浙江省湖州市德清县新市镇环北路 283 号 1 号楼 3 楼 邮政编码：313200 信息披露义务人姓名/名称：湖州朔谊企业管理合伙企业（有限合伙） 通讯地址：浙江省湖州市德清县新市镇环北路 283 号 1 号楼 4 楼 405 室 邮政编码：313200 信息披露义务人姓名/名称：湖州迅嘉企业管理合伙企业（有限合伙） 通讯地址：浙江省湖州市德清县新市镇环北路 283 号 1 号楼 3 楼 307 室 邮政编码：313200 信息披露义务人姓名/名称：杭州联德控股有限公司 通讯地址：杭州市西湖区北山街道桃花弄 8 号 1342 室 邮政编码：310000 杭州联德精密机械股份有限公司 简式权益变动报告书 上市公司名称：杭州联德精密机械股份有限公司 股票上市地点：上海证券交易所 股票简称：联德股份 股票代码：605060 信息披露义务人姓名/名称：湖州旭腾企业管理合伙企业（有限合伙） 通讯地址： 浙江省湖州市德清县新市镇环北路 283 号 1 号楼 5 楼 502 室 邮政编码：313200 信息披露义务人姓名/名称：Allied Ma ...