Corporate Governance and Structure - The company has completed a shareholding structure adjustment, with the Longyan State-owned Assets Supervision and Administration Commission transferring 4.37% of shares to Zijin Nanto, resulting in the Investment Opening Group indirectly controlling 49.55% of shares. The supervisory board has been abolished, and 22 systems have been revised to enhance management efficiency and transparency. These reforms are set to take effect in January 2026, and their long-term impact will need continuous observation [2]. Business Development - The company has established a pilot line to research the technology for extracting lithium from the tailings of the ore processing plant, with ongoing optimization of low-grade lithium mica concentrate production. This business is a market focus, and a technological breakthrough could drive business diversification [3]. Financial Performance - The company's Q3 2025 report indicates an operating revenue of 206 million yuan, a year-on-year decrease of 11.23%. The net profit attributable to shareholders is 79.97 million yuan, down 16.94% year-on-year. Future performance will depend on the progress of the lithium extraction project and the realization of financial reports, with investors needing to pay attention to the 2026 quarterly financial reports to validate growth logic [4]. Capital Flow - On February 12, 2026, the company's stock price was reported at 37.61 yuan per share, with a net inflow of 2.7271 million yuan from main funds and a turnover rate of 0.44%. The capital flow reflects short-term market sentiment but should be assessed in conjunction with the fundamentals [5].

2月5日，龙高股份大宗交易成交114.17万股，成交额4000.51万元，占当日总成交额的38.86%，成交价35.04元，较市场收盘价38.64元折价9.32%。 | 交易日期 | 证券简称 | 证券代码 | 成交金额(万元) 成交量( * ) 买入营业部 | 卖出营业部 | 成交价(元) | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 机构专用 | 上海证券有限责任 公司苏州中心广程 证券营业管 | 2026-02-05 | 57.09 | 龙高股份 | ୧୦୧୦୫୧ | 35.04 | 2000.43 | | 国泰海通证券股份 有限公司总部 | 上海证券有限责任 公司苏州中心广安 证券营业部 | 2026-02-05 | 龙高股份 | 605086 | 35.04 | 2000.08 | 57.08 | ...

Market Overview - The non-metal materials sector experienced a decline of 4.7% on February 2, with Longao Co., Ltd. leading the drop [1] - The Shanghai Composite Index closed at 4015.75, down 2.48%, while the Shenzhen Component Index closed at 13824.35, down 2.69% [1] Stock Performance - Key stocks in the non-metal materials sector showed varied performance, with the following notable changes: - Lili Diamond (301071) increased by 1.33% to a closing price of 40.43, with a trading volume of 189,000 shares and a turnover of 774 million yuan [1] - Longao Co., Ltd. (605086) fell by 9.99% to 39.64, with a trading volume of 41,400 shares and a turnover of 171 million yuan [2] - Other significant declines included: - Lianrui New Materials (688300) down 7.79% to 61.59 [2] - Ningxin New Materials (920719) down 5.15% to 12.35 [2] - Qilu Huaxin (920832) down 4.61% to 7.45 [2] Capital Flow - The non-metal materials sector saw a net outflow of 116 million yuan from institutional investors, while retail investors experienced a net inflow of 61.17 million yuan [2] - The capital flow for key stocks indicated: - Lili Diamond had a net inflow of 8.08 million yuan from institutional investors [3] - Longao Co., Ltd. faced a net outflow of 30.33 million yuan from institutional investors [3] - Notable outflows were also observed in: - Ningxin New Materials with a net outflow of 0.77 million yuan [3] - Qilu Huaxin with a net outflow of 2.84 million yuan [3]

Group 1 - The non-metal materials sector increased by 0.87% on January 27, with LiLi Diamond leading the gains [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] - Key stocks in the non-metal materials sector showed varied performance, with LiLi Diamond closing at 42.79, up 6.10%, and other notable stocks like Bingyang Technology and Lianrui New Materials also showing gains [1] Group 2 - The non-metal materials sector experienced a net outflow of 68.94 million yuan from main funds, while retail investors saw a net inflow of 49.87 million yuan [2] - The stock performance of individual companies showed mixed results, with Lianrui New Materials having a main fund net inflow of 18.46 million yuan, while other companies like Tianma New Materials and Longgao Co. faced net outflows [3] - The overall trading volume and transaction amounts varied significantly among the stocks, with Lianrui New Materials achieving a transaction amount of 4.30 billion yuan [1][2]

证券日报网1月22日讯 ，龙高股份在接受调研者提问时表示，公司是福建省省级企业技术中心，国家级 绿色矿山单位，获得"矿产资源节约与综合利用先进适用技术推广应用示范矿山""矿产资源节约与综合 利用先进适用技术"等荣誉称号。2022年，公司顺利通过国家高新技术企业认定，被中国非金属矿业工 业协会授予"非金属矿行业绿色工厂"荣誉称号。近日，公司成功通过复审，再次获得"高新技术企业"认 定。 （文章来源：证券日报） ...

Market Performance - The non-metal materials sector increased by 1.42% on January 22, with Longgao Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 4122.58, up 0.14%, while the Shenzhen Component Index closed at 14327.05, up 0.5% [1] Stock Performance - Longgao Co., Ltd. (code: 605086) closed at 44.88, with an increase of 8.14% and a trading volume of 70,300 shares, amounting to a transaction value of 304 million yuan [1] - Kuncai Technology (code: 603826) saw a rise of 6.48%, closing at 17.10 with a trading volume of 116,500 shares [1] - Other notable performers include: - Bingyang Technology (code: 920675) up 4.94% to 11.05 [1] - Ningxin New Materials (code: 920719) up 3.50% to 13.89 [1] - Qilu Huaxin (code: 920832) up 3.16% to 8.16 [1] Capital Flow - The non-metal materials sector experienced a net inflow of 118 million yuan from main funds, while retail investors saw a net outflow of 117 million yuan [2] - The main funds' net inflow for Longgao Co., Ltd. was 30.97 million yuan, representing 10.18% of its trading volume [3] - Kuncai Technology had a net inflow of 18.96 million yuan from main funds, accounting for 9.86% of its trading volume [3]

Group 1 - The non-metal materials sector increased by 1.49% on January 21, with Tianma New Materials leading the gains [1] - The Shanghai Composite Index closed at 4116.94, up 0.08%, while the Shenzhen Component Index closed at 14255.12, up 0.7% [1] - Key stocks in the non-metal materials sector showed varied performance, with Tianma New Materials closing at 35.30, up 5.75%, and Dongfang Huizhen declining by 0.41% to 12.04 [1] Group 2 - The non-metal materials sector saw a net inflow of 43.89 million yuan from main funds, while retail investors experienced a net outflow of 36.99 million yuan [2] - Major stocks like Suotong Development and Lianrui New Materials had significant net inflows from main funds, with 29.09 million yuan and 28.73 million yuan respectively [3] - Retail investors showed a negative trend in stocks like Ningxin New Materials and Qilu Huaxin, with net outflows of 2.09 million yuan and 1.09 million yuan respectively [3]

Market Overview - The non-metal materials sector experienced a slight decline of 0.09% on January 20, with Longgao Co., Ltd. leading the drop [1] - The Shanghai Composite Index closed at 4113.65, down 0.01%, while the Shenzhen Component Index closed at 14155.63, down 0.97% [1] Stock Performance - Notable gainers in the non-metal materials sector included: - Liliang Diamond (301071) with a closing price of 39.16, up 4.54% [1] - Qilu Huaxin (920832) with a closing price of 7.90, up 2.20% [1] - Lianrui New Materials (688300) with a closing price of 68.97, up 1.08% [1] - Conversely, Longgao Co., Ltd. (605086) saw a significant decline of 3.02%, closing at 39.52 [2] Capital Flow - The non-metal materials sector saw a net inflow of 165.17 million yuan from institutional investors, while retail investors experienced a net outflow of 8730.02 million yuan [2][3] - The sector's capital flow indicates a strong interest from speculative funds, with a net inflow of 8564.85 million yuan from retail investors [2][3] Individual Stock Capital Flow - Liliang Diamond (301071) had a net inflow of 90.19 million yuan from institutional investors, representing 8.71% of its total capital [3] - Longgao Co., Ltd. (605086) faced a net outflow of 14.57 million yuan from institutional investors, indicating a negative sentiment [3] - Other stocks like Qilu Huaxin (920832) and Dongfang Carbon (920175) showed mixed capital flows, with Qilu Huaxin attracting 115.64 million yuan from institutional investors [3]

Group 1 - The non-metal materials sector increased by 0.55% on January 16, with Lianrui New Materials leading the gains [1] - The Shanghai Composite Index closed at 4101.91, down 0.26%, while the Shenzhen Component Index closed at 14281.08, down 0.18% [1] - Lianrui New Materials had a closing price of 67.75, up 4.80%, with a trading volume of 84,900 shares and a transaction value of 565 million yuan [1] Group 2 - The non-metal materials sector experienced a net outflow of 18.35 million yuan from institutional funds and 15.77 million yuan from retail funds, while individual investors saw a net inflow of 34.12 million yuan [2] - The trading data for individual stocks in the non-metal materials sector shows varied performance, with Lianrui New Materials and Changjiang Materials seeing significant trading volumes and price changes [2][3] - Lianrui New Materials had a net outflow of 24.34 million yuan from institutional funds, while Changjiang Materials saw a net inflow of 17.35 million yuan [3]

Core Viewpoint - The non-metal materials sector experienced a rise of 2.25% on January 15, with Lianrui New Materials leading the gains, while the Shanghai Composite Index fell by 0.33% and the Shenzhen Component Index increased by 0.41% [1]. Group 1: Market Performance - Lianrui New Materials closed at 64.65, up 6.74%, with a trading volume of 83,900 shares and a transaction value of 529 million yuan [1]. - Quartz Co. closed at 39.66, up 3.42%, with a trading volume of 177,000 shares and a transaction value of 695 million yuan [1]. - KunCai Technology closed at 17.82, up 0.96%, with a trading volume of less than 32,600 shares and a transaction value of 57.83 million yuan [1]. Group 2: Capital Flow - The non-metal materials sector saw a net inflow of 25.06 million yuan from main funds, while retail investors experienced a net outflow of 46.06 million yuan [2]. - The main funds' net inflow for Quartz Co. was 61.81 million yuan, while retail investors had a net outflow of 67.61 million yuan [3]. - Lianrui New Materials had a main fund net inflow of 4.49 million yuan, with retail investors showing a net outflow of 6.32 million yuan [3].