Market Performance - The Sci-Tech 50 Index fell by 1.47%, closing at 1415.69 points, with a total trading volume of 4.188 billion shares and a turnover of 188.988 billion yuan, resulting in an average turnover rate of 2.20% [1] - Among the tradable stocks on the Sci-Tech Board, 185 stocks closed higher, with 5 stocks rising over 10% and 17 stocks rising between 5% and 10%. Conversely, 401 stocks closed lower, with 1 stock declining over 10% [1] Turnover Rate Analysis - The turnover rate distribution shows that 2 stocks had a turnover rate exceeding 20%, 20 stocks had a turnover rate between 10% and 20%, and 37 stocks had a turnover rate between 5% and 10% [1] - The stock with the highest turnover rate was He Yuan Biological, which closed down by 7.09% with a turnover rate of 30.81% and a transaction amount of 1.249 billion yuan. Wanrun New Energy rose by 15.28% with a turnover rate of 22.99% and a transaction amount of 1.727 billion yuan [1] Sector Performance - In terms of sector performance, the electronics sector had the most stocks with a turnover rate exceeding 5%, totaling 18 stocks, followed by the power equipment and computer sectors with 15 and 7 stocks, respectively [2] Capital Flow - Among the high turnover stocks, 34 stocks experienced net inflows of main funds, with the highest net inflows recorded for Purun Co., Wanrun New Energy, and Huahong Company, amounting to 190 million yuan, 157 million yuan, and 101 million yuan, respectively [2] - Conversely, stocks with significant net outflows included He Yuan Biological, Baiwei Storage, and Xi'an Yicai, with net outflows of 200 million yuan, 95.678 million yuan, and 91.679 million yuan, respectively [2] Leverage Fund Movements - A total of 30 stocks received net purchases from leveraged funds, with notable increases in financing balances for Artis, Jinpan Technology, and He Yuan Biological, which increased by 735 million yuan, 239 million yuan, and 189 million yuan, respectively [2] - Stocks with the largest decreases in financing balances included Huahong Company, Yuanjie Technology, and Jingyi Equipment, which decreased by 293 million yuan, 156 million yuan, and 130 million yuan, respectively [2]

Market Overview - The general equipment sector experienced a decline of 0.72% on November 7, with Lixing Co. 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] Top Performers - Wald reported a closing price of 64.78, with a significant increase of 14.88% and a trading volume of 147,900 shares, amounting to 916 million yuan [1] - Brand Up closed at 25.26, up 10.02%, with a trading volume of 593,300 shares, totaling 1.464 billion yuan [1] - Huashu Changke saw a closing price of 57.69, increasing by 9.66% with a trading volume of 85,100 shares, amounting to 475 million yuan [1] Underperformers - Lixing Co. closed at 21.59, down 10.00%, with a trading volume of 514,900 shares, totaling 1.131 billion yuan [2] - Haiqing San History closed at 26.68, down 7.71%, with a trading volume of 106,300 shares, amounting to 292 million yuan [2] - Donghua Testing reported a closing price of 49.25, down 7.25%, with a trading volume of 119,600 shares, totaling 617 million yuan [2] Capital Flow - The general equipment sector saw a net outflow of 1.685 billion yuan from main funds, while retail funds experienced a net inflow of 1.387 billion yuan [2] - The sector's overall capital flow indicates a mixed sentiment among institutional and retail investors [2] Individual Stock Capital Flow - Shanghai Huguang had a main fund net inflow of 41.3 million yuan, representing 28.21% of its total capital flow [3] - Huashu Gaoke experienced a main fund net inflow of 10 million yuan, accounting for 21.11% of its total capital flow [3] - Huanghe Xuanfeng saw a main fund net inflow of 13.5 million yuan, representing 9.41% of its total capital flow [3]

证券代码：688028 证券简称：沃尔德 公告编号：2025-049 北京沃尔德金刚石工具股份有限公司 股东询价转让结果报告书暨持股 5%以上股东权益变动 触及 1%整数倍的提示性公告 股东陈继锋、陈涛（以下合称"转让方"）、李清华保证向北京沃尔德金刚石 工具股份有限公司（以下简称"沃尔德"或"公司"）提供的信息内容不存在任 何虚假记载、误导性陈述或者重大遗漏，并对其真实性、准确性和完整性依法承 担法律责任。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 重要内容提示: 本次询价转让的价格为40.88元/股，转让的股票数量为1,509,490股。 公司控股股东、实际控制人、董事长、总经理陈继锋及其一致行动人陈 涛参与本次询价转让。 本次权益变动为询价转让。本次转让不会导致公司控股股东、实际控制 人发生变化。 本次权益变动后，转让方陈继锋、陈涛及其一致行动人持有公司股份比 例由36.99%减少至35.98%，持有公司权益比例变动触及 1%的整数倍。 一、转让方情况 （一）转让方基本情况 截至 2025 年 10 月 30 日，转让方所持公司股份的数量、比例情况如下： | 序号 | 股东名称 ...

中信证券股份有限公司 关于北京沃尔德金刚石工具股份有限公司 股东向特定机构投资者询价转让股份的核查报告 上海证券交易所： 中信证券股份有限公司（以下简称"中信证券"或"组织券商"）受委托担任陈继 锋、陈涛（以下合称"转让方"）以向特定机构投资者询价转让（以下简称"询价转让"） 方式减持所持有的北京沃尔德金刚石工具股份有限公司（以下简称"公司"或"沃尔德"） 首次公开发行前已发行股份的组织券商。 经核查，中信证券就本次询价转让的股东、受让方是否符合《上海证券交易所科创 板上市公司自律监管指引第 4 号——询价转让和配售（2025 年 3 月修订）》（以下简 称"《询价转让和配售指引》"）要求，本次询价转让的询价、转让过程与结果是否公 平、公正，是否符合《询价转让和配售指引》的规定作出如下报告说明。 一、本次询价转让概况 （一）本次询价转让转让方 截至 2025 年 10 月 30 日，转让方所持公司首发前股份的数量及占公司总股本比例 情况如下： | 序号 | 股东名称 | 持股数量（股） | 持股比例 | | --- | --- | --- | --- | | 1 | 陈继锋 | 51,892,611 | 34 ...

1 北京沃尔德金刚石工具股份有限公司 2025 年第二次临时股东会会议资料 北京沃尔德金刚石工具股份有限公司 2025 年第二次临时股东会会议资料 证券代码：688028 证券简称：沃尔德 北京沃尔德金刚石工具股份有限公司 2025 年第二次临时股东会会议资料 二〇二五年十一月 目 录 | 2025年第二次临时股东会会议须知 3 | | --- | | 2025年第二次临时股东会投票议程 5 | | 2025年第二次临时股东会议案 7 | | 议案一《关于取消监事会的议案》 7 | | 议案二《关于变更注册资本并修订<公司章程>及其附件的议案》 8 | | 议案三《关于修订及制定部分公司治理制度的议案》 10 | 2 北京沃尔德金刚石工具股份有限公司 2025 年第二次临时股东会会议资料 北京沃尔德金刚石工具股份有限公司 2025 年第二次临时股东会会议须知 为了维护全体股东的合法权益，确保股东会的正常秩序和议事效率，保证会 议的顺利进行，根据《中华人民共和国公司法》、《中华人民共和国证券法》、中 国证券监督管理委员会《上市公司股东会规则》以及《北京沃尔德金刚石工具股 份有限公司章程》、《北京沃尔德金刚石工具 ...

Core Insights - The general equipment sector experienced a 1.2% increase on November 6, with Chongde Technology leading the gains at 18.53% [1] - The Shanghai Composite Index closed at 4007.76, up 0.97%, while the Shenzhen Component Index closed at 13452.42, up 1.73% [1] Stock Performance Summary - Chongde Technology (301548) closed at 61.59, up 18.53% with a trading volume of 121,400 shares and a transaction value of 725 million [1] - World (688028) closed at 56.39, up 11.22% with a trading volume of 117,700 shares and a transaction value of 636 million [1] - Liande Co., Ltd. (605060) closed at 40.36, up 10.00% with a trading volume of 142,900 shares and a transaction value of 571 million [1] - Wuzhou Xinchun (603667) closed at 47.84, up 8.02% with a trading volume of 580,900 shares and a transaction value of 2.746 billion [1] - Wu Zhi Electromechanical (300503) closed at 31.23, up 7.91% with a trading volume of 277,000 shares and a transaction value of 84.5 million [1] Capital Flow Analysis - The general equipment sector saw a net inflow of 142 million from institutional investors, while retail investors contributed a net inflow of 390 million [2] - The sector experienced a net outflow of 532 million from speculative funds [2] Individual Stock Capital Flow - Wuzhou Xinchun (603667) had a net inflow of 44.5 million from institutional investors, but a net outflow of 27.8 million from speculative funds [3] - Chongde Technology (301548) saw a net inflow of 88.1 million from institutional investors, with a net outflow of 28.2 million from speculative funds [3] - Aywei Co., Ltd. (002559) had a net inflow of 246 million from institutional investors, but a net outflow of 86.6 million from speculative funds [3]

Core Insights - The report from Hualong Securities highlights the resilience of China's tool exports, with a significant export value of 200.01 billion yuan from January to September 2025, reflecting a year-on-year growth of 5.34% [1][2] - The import value during the same period was 64.19 billion yuan, showing a modest growth of 0.96%, indicating a focus on high-end products [1][2] Export and Import Overview - China's tool export value is 3.12 times that of imports, solidifying its position as a core supplier in the global tool supply chain [2] - Major export products include drill bits (69.29 billion yuan) and circular saw blades (34.61 billion yuan), catering to the basic needs of global infrastructure and manufacturing [2] - Imports are primarily high-end products, with the import value of carbide blades (28.38 billion yuan) and drill bits (8.96 billion yuan) indicating a reliance on core technologies [2] Product Structure Analysis - Export volume has increased while prices have decreased, leading to intensified competition; for instance, drill bit exports grew by 6.22% but the average price fell by 2.03% [3] - The average import price for similar products is significantly higher than export prices, with coated blades averaging 3.2 times the export price, highlighting a gap in material processing and precision manufacturing capabilities [3] - Demand for super-hard tools is rising, benefiting from upgrades in industries like aerospace and precision molds, while traditional products face pressure from international competition [3] Market Distribution - Drill bits are primarily exported to major manufacturing countries such as the US, Germany, and Russia, while blade exports are distributed to countries like Russia, India, and Germany, showing strong market resilience [4] - Imports are heavily concentrated from Japan and Europe, with Japan accounting for 25.7% of coated blade imports and a staggering 74.22% for non-coated blades [4] Investment Targets - Companies to watch include World (688028.SH), Huarui Precision (688059.SH), Oke Yi (688308.SH), and Xinxin Co. (688257.SH) [5]

Group 1 - The core viewpoint of the news is that Walde has seen a significant increase in its stock price, rising by 5.2% to 51.58 CNY per share, with a trading volume of 243 million CNY and a turnover rate of 3.23%, leading to a total market capitalization of 7.786 billion CNY [1] - Walde Diamond Tools Co., Ltd. is located in Langfang City, Hebei Province, and was established on August 31, 2006, with its listing date on July 22, 2019. The company specializes in the research, production, and sales of ultra-high precision and high precision superhard tools and superhard material products [1] - The main business revenue composition of Walde includes superhard tools at 78.59%, cemented carbide tools at 14.31%, superhard materials at 5.72%, and others at 1.38% [1] Group 2 - From the perspective of major fund holdings, data shows that one fund under Huatai PineBridge has a significant position in Walde. The Huatai Zhongzheng 2000 ETF (159536) held 3,934 shares in the third quarter, accounting for 0.36% of the fund's net value, making it the second-largest holding [2] - The Huatai Zhongzheng 2000 ETF (159536) was established on September 13, 2023, with a latest scale of 53.8093 million CNY. Year-to-date returns are at 33.84%, ranking 1348 out of 4216 in its category; the one-year return is 39.26%, ranking 955 out of 3901; and since inception, the return is 38.16% [2]

Market Overview - The general equipment sector experienced a decline of 1.05% on November 4, with Lixing Co. leading the drop [1] - The Shanghai Composite Index closed at 3960.19, down 0.41%, while the Shenzhen Component Index closed at 13175.22, down 1.71% [1] Top Gainers - Baose Co. saw a significant increase of 20.00%, closing at 26.22 with a trading volume of 550,700 shares and a transaction value of 1.414 billion [1] - Xintian Technology rose by 11.92%, closing at 4.60 with a trading volume of 1,436,800 shares and a transaction value of 658 million [1] - Rongyi Precision increased by 10.52%, closing at 25.85 with a trading volume of 217,700 shares and a transaction value of 568 million [1] Top Losers - Lixing Co. fell by 7.60%, closing at 22.36 with a trading volume of 418,200 shares and a transaction value of 960 million [2] - Hanwei Technology decreased by 6.70%, closing at 52.88 with a trading volume of 237,000 shares and a transaction value of 1.276 billion [2] - Boying Special Welding dropped by 6.52%, closing at 39.70 with a trading volume of 146,200 shares and a transaction value of 596 million [2] Capital Flow - The general equipment sector saw a net outflow of 1.314 billion from institutional investors, while retail investors contributed a net inflow of 1.046 billion [2] - The sector's capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors increased their positions [2] Individual Stock Capital Flow - Xue Ren Group had a net inflow of 4.91 billion from institutional investors, but a net outflow of 1.89 billion from speculative funds [3] - Huadong CNC experienced a net inflow of 2.60 billion from institutional investors, with a net outflow of 1.15 billion from speculative funds [3] - Tongfei Co. had a net inflow of 98.6685 million from institutional investors, while retail investors saw a net outflow of 1.10 billion [3]

Core Insights - Wald's stock increased by 5.24% to 54.20 CNY per share, with a trading volume of 264 million CNY and a turnover rate of 3.37%, resulting in a total market capitalization of 8.181 billion CNY [1] Company Overview - Beijing Wald Diamond Tools Co., Ltd. is located in Langfang City, Hebei Province, and was established on August 31, 2006, with its listing date on July 22, 2019 [1] - The company's main business involves the research, production, and sales of ultra-high precision and high precision superhard tools and superhard material products [1] - The revenue composition of the main business includes: superhard tools 78.59%, cemented carbide tools 14.31%, superhard materials 5.72%, and others 1.38% [1] Fund Holdings - One fund under Huatai PineBridge holds Wald as a significant position, with the Huatai Zhongzheng 2000 ETF (159536) holding 3,934 shares, accounting for 0.36% of the fund's net value, making it the second-largest holding [2] - The Huatai Zhongzheng 2000 ETF was established on September 13, 2023, with a latest scale of 53.8093 million CNY and has achieved a year-to-date return of 33.9%, ranking 1461 out of 4216 in its category [2] - The fund manager, Sun Hao, has a cumulative tenure of 2 years and 68 days, with total assets under management of 24.248 billion CNY and a best fund return of 136.22% during his tenure [2]