Group 1 - The core conclusion of the report on Lens Technology (300433.SZ) indicates a new growth phase driven by multiple engines in the consumer electronics sector, with projected revenues of CNY 921.8 billion, CNY 1155.1 billion, and CNY 1377.9 billion for 2025-2027, representing year-on-year growth of 31.9%, 25.3%, and 19.3% respectively, and net profits of CNY 52.7 billion, CNY 65.0 billion, and CNY 78.3 billion, with year-on-year growth of 45.3%, 23.5%, and 20.4% [1][8] - The report highlights Lens Technology's deep moat in glass cover production, its strategic expansion into metal structural components, and its positioning in emerging markets such as AI hardware and smart automotive applications, which are expected to contribute significantly to revenue growth [9][8] - The report on Longda Co., Ltd. (688231.SH) emphasizes its focus on high-temperature alloys and the increasing demand from the aerospace and gas turbine sectors, projecting revenues of CNY 17.6 billion, CNY 22.1 billion, and CNY 27.4 billion for 2025-2027, with net profits of CNY 1.2 billion, CNY 1.7 billion, and CNY 2.5 billion, reflecting growth rates of 74%, 51%, and 42% respectively [11][12] Group 2 - The report on Shengnong Development (002299.SZ) indicates a significant increase in net profit by 791.93% year-on-year for the first half of 2025, with revenues of CNY 88.56 billion and net profits of CNY 9.10 billion, despite a decline in chicken prices affecting revenue growth [14][15] - The report notes that Shengnong Development has improved its operational efficiency through breeding and cost reduction strategies, leading to a notable increase in profit margins, with a gross margin of 11.97% for the first half of 2025, up 2.73 percentage points year-on-year [15][16] - The report on Best (300580.SZ) highlights steady growth in its core turbocharger components business and successful expansion into new energy vehicle parts, with projected revenues of CNY 16.49 billion, CNY 20.20 billion, and CNY 23.74 billion for 2025-2027, and net profits of CNY 3.51 billion, CNY 4.19 billion, and CNY 5.02 billion [19][20]

证券日报网讯 8月18日晚间，隆达股份发布公告称，公司于2024年8月26日召开了公司第二届董事会第 八次会议、第二届监事会第五次会议，审议通过了《关于使用部分闲置募集资金暂时补充流动资金的议 案》，同意在保证募集资金项目建设的资金需求和正常进行的前提下，公司拟使用不超过2亿元（含本 数）的闲置募集资金暂时补充流动资金，用于与主营业务相关的生产经营使用，使用期限自2024年8月 26日起不超过12个月。截至本公告披露日，公司已将上述暂时补充流动资金的闲置募集资金全部归还至 公司募集资金专用账户。 （编辑 任世碧） ...

江苏隆达超合金股份有限公司（以下简称"公司"）于 2024 年 8 月 26 日召开 了公司第二届董事会第八次会议、第二届监事会第五次会议，审议通过了《关于 使用部分闲置募集资金暂时补充流动资金的议案》，同意在保证募集资金项目建 设的资金需求和正常进行的前提下，公司拟使用不超过 2 亿元（含本数）的闲置 募集资金暂时补充流动资金，用于与主营业务相关的生产经营使用，使用期限自 容详见公司于 2024 年 8 月 28 日披露在上海证券交易所网站（www.sse.com.cn） 上的《关于使用部分闲置募集资金暂时补充流动资金的公告》（公告编号： 根据上述决议，公司在规定期限内实际使用了不超过 2 亿元（含本数）闲置 募集资金暂时补充流动资金，并对资金进行了合理的安排与使用，资金运用情况 良好，未影响募集资金投资项目建设的正常进行。 截至本公告披露日，公司已将上述暂时补充流动资金的闲置募集资金全部归 还至公司募集资金专用账户，并将上述募集资金的归还情况通知了保荐机构及保 荐代表人。 特此公告。 证券代码：688231 证券简称：隆达股份 公告编号：2025-034 江苏隆达超合金股份有限公司 本公司董事会及全体董事 ...

证券代码：688231 证券简称：隆达股份 公告编号：2025-034 江苏隆达超合金股份有限公司 江苏隆达超合金股份有限公司董事会 关于归还暂时补充流动资金的闲置募集资金的公告 2025 年 8 月 19 日 根据上述决议，公司在规定期限内实际使用了不超过 2 亿元（含本数）闲置 募集资金暂时补充流动资金，并对资金进行了合理的安排与使用，资金运用情况 良好，未影响募集资金投资项目建设的正常进行。 截至本公告披露日，公司已将上述暂时补充流动资金的闲置募集资金全部归 还至公司募集资金专用账户，并将上述募集资金的归还情况通知了保荐机构及保 荐代表人。 特此公告。 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个别及连带责任。 江苏隆达超合金股份有限公司（以下简称"公司"）于 2024 年 8 月 26 日召开 了公司第二届董事会第八次会议、第二届监事会第五次会议，审议通过了《关于 使用部分闲置募集资金暂时补充流动资金的议案》，同意在保证募集资金项目建 设的资金需求和正常进行的前提下，公司拟使用不超过 2 亿元（含本数）的闲置 募集资金暂时补 ...

Investment Rating - The report gives an "Accumulate" rating for the company [4]. Core Views - The company is a rising star in the domestic high-temperature alloy sector, driven by increasing demand from the aerospace and gas turbine industries [2][4]. - The company focuses on high-temperature alloys and alloy materials, with a diverse range of products including cast and deformed high-temperature alloys and alloy pipes [2][4]. - The company is expected to achieve revenue and net profit growth in 2024, with revenue of 1.391 billion yuan and net profit of 66 million yuan, representing year-on-year growth of 15.22% and 19.38% respectively [2][4]. Summary by Sections Company Overview - The company specializes in high-temperature alloys and alloy materials, with products that cover military and civilian applications [2][4]. - The company aims to become a world-class high-temperature alloy manufacturer, having established production lines for both cast and deformed high-temperature alloys [19][20]. Market Demand - The demand for high-temperature alloys is expected to rise due to the growth in the aerospace engine and gas turbine markets, with global civil aviation showing promising prospects [2][40]. - The company is well-positioned to benefit from the restructuring of supply chains by overseas aerospace manufacturers, which presents opportunities for domestic suppliers [52]. Financial Projections - The company is projected to achieve revenues of 1.759 billion yuan in 2025, 2.209 billion yuan in 2026, and 2.736 billion yuan in 2027, with corresponding net profits of 115 million yuan, 173 million yuan, and 247 million yuan [3][14]. - The expected earnings per share (EPS) for 2025, 2026, and 2027 are 0.47 yuan, 0.70 yuan, and 1.00 yuan respectively [14]. International Expansion - The company is actively expanding its international customer base and has signed long-term agreements with several overseas clients, enhancing its global supply chain presence [2][30]. - The overseas revenue is expected to significantly contribute to the company's growth, with a projected increase of 128.69% in 2024 [30]. Product Segmentation - The company's revenue from high-temperature alloys and alloy pipes is expected to reach 959 million yuan and 346 million yuan respectively in 2024, with year-on-year growth of 18.97% and 15.97% [24]. - The aerospace sector is the core application area for the company's products, with significant revenue contributions from aerospace, gas turbines, and automotive sectors [28].

Group 1 - The aviation engine sector saw a rise of 3.47%, ranking fifth among concept sectors, with 87 stocks increasing, including Aileda which hit the daily limit up by 20% [1] - Notable gainers in the aviation engine sector included Shanhua Intelligent (up 10.01%), Xiangya Technology (up 11.19%), and Xiling Power (up 8.47%) [1][7] - The sector experienced a net inflow of 1.975 billion yuan, with 48 stocks receiving net inflows, and six stocks exceeding 100 million yuan in net inflow, led by Shanhua Intelligent with 494 million yuan [2][3] Group 2 - The top three stocks by net inflow ratio were Xiguang Electronics (23.75%), Aileda (22.99%), and Shanhua Intelligent (20.94%) [3] - The aviation engine concept sector was among the top gainers, alongside military restructuring and military-civilian integration concepts, which rose by 5.68% and 3.53% respectively [2] - The overall market performance showed a mixed trend, with some sectors like dairy and animal vaccines experiencing declines of -0.46% and -0.39% respectively [2]

Market Performance - The metal new materials sector increased by 1.18% on August 4, with Jiangnan New Materials leading the gains [1] - The Shanghai Composite Index closed at 3583.31, up 0.66%, while the Shenzhen Component Index closed at 11041.56, up 0.46% [1] Stock Highlights - Jiangnan New Materials (603124) closed at 59.96, up 10.00%, with a trading volume of 61,200 lots and a transaction value of 365 million [1] - Longda Co., Ltd. (688231) rose by 7.24% to 21.02, with a trading volume of 84,500 lots and a transaction value of 173 million [1] - Tunan Co., Ltd. (300855) increased by 6.80% to 26.70, with a trading volume of 161,100 lots and a transaction value of 425 million [1] Fund Flow Analysis - The metal new materials sector saw a net inflow of 143 million from institutional investors, while retail investors experienced a net outflow of 118 million [2] - Major stocks like Jiangnan New Materials had a net inflow of 148 million from institutional investors, accounting for 40.71% of the total [3] - Retail investors showed a net outflow of 55.31 million from Jiangnan New Materials, representing a 15.18% decrease [3]

每经AI快讯，隆达股份（SH 688231，最新价：20.24元）8月1日晚间发布公告称，公司第二届第十四次 董事会会议于2025年8月1日在公司会议室以现场结合通讯方式召开。会议审议了《关于公司为下属全资 子公司提供担保的议案》等文件。 2024年1至12月份，隆达股份的营业收入构成为：航空航天占比31.24%，其他占比29.15%，燃机占比 19.18%，汽车涡轮占比7.21%，油气化工占比7.06%，其他业务占比6.16%。 每经头条（nbdtoutiao）——"我们也深陷残酷价格战"！德资巨头中国区高管警告：智驾绝不能免费， 否则会给全行业带来灾难 （记者 王瀚黎） ...

Group 1 - The company held its 14th meeting of the second board of directors on August 1, 2025, where all 9 directors participated and the meeting was deemed legally valid [2][4] - The board approved the use of up to RMB 600 million of temporarily idle raised funds for cash management, ensuring the safety of the funds and that it does not affect the construction and use of the fundraising projects [3][18] - The cash management will involve purchasing safe, liquid, and principal-protected financial products, with a usage period of 12 months from the date of approval [24][28] Group 2 - The company also approved a guarantee of up to RMB 120 million for its wholly-owned subsidiary, SINGDA SUPERALLOY (MALAYSIA) SDN. BHD., to fulfill its obligations under a sales contract with SUMEC International Technology Co., Ltd. [5][39] - The guarantee period will last for three years from the fulfillment of the main contract obligations, and the company has sufficient control over the subsidiary's operations and credit status [42][43] - The board and supervisory committee confirmed that the guarantee does not harm the interests of the company or its shareholders [44][46]

Group 1 - The board of directors of Jiangsu Longda Superalloy Co., Ltd. held its 14th meeting of the second session on August 1, 2025, with all 9 directors participating in the voting [1][2] - The board approved the proposal to use part of the temporarily idle raised funds for cash management, allowing up to RMB 600 million to be used within 12 months, ensuring the safety of the funds and not affecting the project construction [1][3] - The board also approved a guarantee for its wholly-owned subsidiary, SINGDA SUPERALLOY (MALAYSIA) SDN. BHD., providing a guarantee of up to RMB 120 million for debts under a sales contract, with a guarantee period of three years from the debt fulfillment date [3]