Group 1 - CPO concept stocks experienced a surge, with KuaChuan Technology hitting the daily limit [1] - Shijia Photon increased by over 17% [1] - Other notable gainers include Robotec, SuiRui New Materials, HuiLv Ecology, and Dongshan Precision, which also saw significant increases [1]

Group 1 - The CPO concept has rebounded, with Shijia Photon rising over 5% [1] - Other stocks such as Sry New Materials, Zhongbei Communication, Huilv Ecology, Kechuan Technology, and Cambridge Technology also experienced gains [1]

Group 1 - CPO concept stocks experienced a collective decline on November 10, with significant drops observed across various companies [1] - Shijia Photon fell over 6%, while Dekeli and Jingwang Electronics dropped more than 5% [1] - New Yisheng, Kechuan Technology, Zhongji Xuchuang, Zhongfu Circuit, Taicheng Light, Huilv Ecology, and Liante Technology all saw declines exceeding 4% [1]

Group 1 - The CPO concept stocks in the A-share market experienced a collective decline, with notable drops in several companies [1] - Shijia Photon fell over 6%, while Dekeli and Jingwang Electronics dropped over 5% [1] - Other companies such as Xinyi Sheng, Kecuan Technology, Zhongji Xuchuang, and others also saw declines exceeding 4% [1] Group 2 - Specific stock performance includes: - Shijia Photon (688313) down 6.18% with a market cap of 31.8 billion and a year-to-date increase of 324% [2] - Dekeli (688205) down 5.49% with a market cap of 14 billion and a year-to-date increase of 27.22% [2] - Jingwang Electronics (603228) down 5.18% with a market cap of 68.6 billion and a year-to-date increase of 156.57% [2] - Xinyi Sheng (300502) down 4.94% with a market cap of 330.5 billion and a year-to-date increase of 304.38% [2] - Kecuan Technology (603052) down 4.92% with a market cap of 6.755 billion and a year-to-date increase of 41.61% [2] - Zhongji Xuchuang (300308) down 4.48% with a market cap of 520.1 billion and a year-to-date increase of 280.91% [2]

Group 1 - The optical module (CPO) index experienced a decline of 2% during intraday trading on November 7 [1] - Most constituent stocks of the index fell, with Dongshan Precision leading the decline at 4.23% [1] - Other notable declines included Yuanjie Technology at 3.39%, Liante Technology at 3.37%, Shijia Photon at 2.70%, and Xinyi Sheng at 2.60% [1]

Group 1 - The technology sector showed strong performance today, with notable gains in computing hardware stocks, including Changguang Huaxin up 20%, Yuanjie Technology up over 16%, and Shijia Photon up over 12% [1] - The power concept stocks were also active, with Huasheng Lithium Battery hitting a 20% limit up and Yishitong rising over 10% [1] - The indices reflected this positive trend, with the Sci-Tech Growth Index rising by 3.8%, the Sci-Tech 50 Index up 3.3%, the Sci-Tech Comprehensive Index increasing by 2.5%, and the Sci-Tech 100 Index up by 2.3% [1] - The trading volume for the Sci-Tech 50 ETF (588080) significantly increased compared to the previous day [1]

Market Overview - The communication equipment sector rose by 2.95% on November 6, with Shijia Photon leading the gains [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 - Shijia Photon (688313) closed at 74.10, up 12.10% with a trading volume of 442,000 shares [1] - Dekeli (688205) closed at 66.56, up 6.38% with a trading volume of 79,600 shares [1] - Guangku Technology (300620) closed at 109.20, up 5.82% with a trading volume of 152,700 shares [1] - Zhongtian Technology (600522) closed at 17.52, up 5.61% with a trading volume of 2,138,100 shares [1] - Other notable performers include Dingtong Technology (688668) and Meilixin (301307), with increases of 5.44% and 4.31% respectively [1] Capital Flow - The communication equipment sector saw a net inflow of 2.655 billion yuan from institutional investors, while retail investors experienced a net outflow of 1.502 billion yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors showing confidence while retail investors withdrew funds [2] Individual Stock Capital Flow - New Yisheng (300502) had a net inflow of 7.53 million yuan from institutional investors, while retail investors saw a net outflow of 3.65 million yuan [3] - Zhongji Xuchuang (300308) experienced a net inflow of 6.79 million yuan from institutional investors but a significant outflow of 6.78 million yuan from retail investors [3] - Cambridge Technology (603083) had a net inflow of 27.1 million yuan from institutional investors, indicating strong institutional interest [3]

Core Viewpoint - The optical module (CPO) index has shown a strong upward trend, with several companies experiencing significant stock price increases. Group 1: Company Performance - Yuanjie Technology saw a stock price increase of 8.22% [1] - Shijia Photon experienced a rise of 5.34% [1] - Dongshan Precision's stock rose by 4.36% [1] - Guangku Technology's stock increased by 4.04% [1] - Dekeli's stock price went up by 3.91% [1]

Group 1 - The stock price of Shijia Photon increased by 2.03% on November 4, reaching 67.95 CNY per share, with a trading volume of 363 million CNY and a turnover rate of 1.18%, resulting in a total market capitalization of 31.176 billion CNY [1] - Year-to-date, Shijia Photon’s stock price has risen by 316.08%, but it has seen a decline of 11.40% over the last five trading days and a decrease of 5.43% over the last 20 days, while it has increased by 24.45% over the last 60 days [1] - The company has appeared on the "Dragon and Tiger List" six times this year, with the most recent appearance on October 17, where it recorded a net buy of -176 million CNY [1] Group 2 - Shijia Photon, established on October 26, 2010, and listed on August 12, 2020, is located in Hebi City, Henan Province, and operates in three main business segments: optical chips and devices, indoor optical cables, and cable materials [2] - The revenue composition of Shijia Photon includes 70.52% from optical chips and devices, 15.11% from indoor optical cables, and 12.66% from polymer cable materials [2] - As of September 30, 2025, Shijia Photon reported a revenue of 1.56 billion CNY, representing a year-on-year growth of 113.96%, and a net profit attributable to shareholders of 300 million CNY, reflecting a year-on-year increase of 727.74% [2] Group 3 - Since its A-share listing, Shijia Photon has distributed a total of 77.34 million CNY in dividends, with 49.81 million CNY distributed over the past three years [3] - As of September 30, 2025, the top ten circulating shareholders of Shijia Photon include several new institutional investors, with notable holdings from Yongying Technology and AVIC Opportunity [3]

Core Viewpoint - The company, Henan Shijia Photon Technology Co., Ltd., has decided to cancel repurchased shares and reduce its registered capital, notifying creditors accordingly [1][4]. Group 1: Share Repurchase and Capital Reduction - The company completed two rounds of share repurchase, totaling 6,816,000 shares, which will now be used for cancellation and capital reduction instead of employee stock incentive plans [2][10]. - Following the cancellation of the repurchased shares, the total number of issued shares will decrease from 458,802,328 to 451,986,328, and the registered capital will reduce from RMB 458,802,328 to RMB 451,986,328 [2][10]. Group 2: Creditor Notification - Creditors are informed that they have 30 days from receiving the notice, or 45 days from the announcement date, to claim their debts or request guarantees [4][5]. - The company emphasizes that failure to act within the specified timeframe will not affect the validity of the creditors' claims, and obligations will continue as per the original debt agreements [4][5]. Group 3: Shareholder Meeting - The first temporary shareholder meeting of 2025 was held on November 3, 2025, where the proposal to change the purpose of repurchased shares and reduce registered capital was approved [8][10]. - The meeting was conducted in compliance with legal regulations, and all board members were present [9][11].