Group 1 - The core viewpoint of the news is that Guangyun Technology's stock has seen a significant increase of 5.56%, reaching a price of 17.47 CNY per share, with a trading volume of 343 million CNY and a turnover rate of 4.82%, resulting in a total market capitalization of 7.439 billion CNY [1] - Guangyun Technology, established on August 29, 2013, and listed on April 29, 2020, is based in Hangzhou, Zhejiang Province. The company primarily provides SaaS products for e-commerce merchants, along with supporting hardware, operational services, and value-added products such as CRM SMS [1] - The revenue composition of Guangyun Technology includes 85.00% from SaaS products, 9.72% from supporting hardware, 3.54% from other services, 0.96% from CRM SMS, and 0.78% from operational services [1] Group 2 - From the perspective of fund holdings, one fund under Shenwan Hongyuan has a significant position in Guangyun Technology. The Shenwan Hongyuan Digital Industry Equity Fund A (018048) held 481,900 shares in the third quarter, accounting for 4.74% of the fund's net value, making it the seventh-largest holding [2] - The Shenwan Hongyuan Digital Industry Equity Fund A (018048) was established on May 4, 2023, with a latest scale of 43.1031 million CNY. The fund has achieved a year-to-date return of 14.37%, ranking 2874 out of 4208 in its category, and a one-year return of 5.93%, ranking 3266 out of 3981 [2] - The fund manager of Shenwan Hongyuan Digital Industry Equity Fund A is Liang Guozhu, who has been in the position for 3 years and 16 days. The total asset size of the fund is 1.826 billion CNY, with the best return during his tenure being 52.43% and the worst being -18.51% [3]

Core Viewpoint - Alibaba-related stocks experienced a short-term surge, indicating positive market sentiment towards the sector [2] Group 1: Stock Performance - Shiji Information reached the daily limit increase, reflecting strong investor interest [2] - Other companies such as Tefa Information, Shida Group, and Xinhua Dou also saw their stocks hit the limit up [2] - Data Port, Zhi De Mai, Yi Dian Tian Xia, Guang Yun Technology, and San Jiang Shopping followed suit with price increases [2]

Group 1: New Stock Offerings - Tianpu Co., Ltd. (Stock Code: 605255) has a tender offer period from November 20, 2025, to December 19, 2025[1] - Hangzhou Steam Turbine Co., Ltd. (Stock Code: 200771) has a cash option declaration period from November 19, 2025, to November 25, 2025[1] - Central Plaza (Stock Code: 600280) announced on November 20, 2025[1] Group 2: Stock Performance Alerts - Moen Electric (Stock Code: 002451) reported severe abnormal fluctuations on November 14, 2025[1] - ST Yuancheng (Stock Code: 603388) reported severe abnormal fluctuations on November 11, 2025[1] - ST Keli Da (Stock Code: 603828) reported severe abnormal fluctuations on November 12, 2025[1] Group 3: Recent Announcements - Jiumuwang (Stock Code: 601566) announced on November 20, 2025[1] - Taiping Bird (Stock Code: 603877) announced on November 20, 2025[1] - Huaci Co., Ltd. (Stock Code: 001216) announced on November 20, 2025[1]

Core Viewpoint - The total margin balance of the STAR Market on November 19 was 258.339 billion yuan, showing a decrease of 1.162 billion yuan from the previous trading day [1] Group 1: Margin Balance - The financing balance amounted to 257.412 billion yuan, down by 1.166 billion yuan compared to the previous trading day [1] - The margin trading balance increased by 0.04 billion yuan, reaching 0.927 billion yuan [1] Group 2: Stock Performance - On November 19, 267 stocks in the STAR Market experienced net financing inflows, with 11 stocks having net inflows exceeding 30 million yuan [1] - Rongbai Technology topped the list with a net financing inflow of 145 million yuan, followed by Guangyun Technology, Dongxin Co., Changguang Huaxin, Huasheng Lithium Battery, and Yingfang Software [1]

重要内容提示： 杭州光云科技股份有限公司股票交易异常波动公告 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、准确性和完整性依法承担法律责任。 ● 杭州光云科技股份有限公司（以下简称"公司"）股票交易连续3个交易日内（2025年11月17日、2025 年11月18日、2025年11月19日）收盘价格涨幅偏离值累计超过30%。根据《上海证券交易所交易规则》 《上海证券交易所科创板股票上市规则》《上海证券交易所科创板股票异常交易实时监控细则》的有关 规定，属于股票交易异常波动情形。 ● 经公司自查并向控股股东及实际控制人核实，截至本公告披露日，不存在应披露而未披露的重大信 息。 ● 公司业绩亏损风险：根据已披露的《光云科技2025年第三季度报告》，截至2025年9月30日，公司实 现归属于上市公司股东的净利润人民币-1,503.19万元，与上年同期相比，减少亏损人民币 4,070.85万 元；公司实现归属于上市公司股东的扣除非经常性损益后的净利润人民币-1,614.92万元，与上年同期相 比，减少亏损人民币3,950.10万元。本次季度报告是公司财务部初步测算 ...

（文章来源：证券日报） 证券日报网讯 11月19日晚间，光云科技发布公告称，公司股票交易连续3个交易日内（2025年11月17 日、2025年11月18日、2025年11月19日）收盘价格涨幅偏离值累计超过30%，属于股票交易异常波动情 形。经公司自查并向控股股东及实际控制人核实，截至本公告披露日，不存在应披露而未披露的重大信 息。公司股价短期波动幅度较大，敬请广大投资者注意投资风险，理性决策，审慎投资。 ...

杭州光云科技股份有限公司（以下简称"公司"）股票交易连续 3 个交易日内（2025 年 11 月 17 日、2025 年 11 月 18 日、2025 年 11 月 19 日） 收盘价格涨幅偏离值累计超过 30%。根据《上海证券交易所交易规则》《上 海证券交易所科创板股票上市规则》《上海证券交易所科创板股票异常交易 实时监控细则》的有关规定，属于股票交易异常波动情形。 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、准确性和完整性依法承担法律责任。 重要内容提示： 经公司自查并向控股股东及实际控制人核实，截至本公告披露日， 不存在应披露而未披露的重大信息。 公司业绩亏损风险：根据已披露的《光云科技 2025 年第三季度报 告》，截至 2025 年 9 月 30 日，公司实现归属于上市公司股东的净利润人民 币-1,503.19 万元，与上年同期相比，减少亏损人民币 4,070.85 万元；公司 实现归属于上市公司股东的扣除非经常性损益后的净利润人民币-1,614.92 万元，与上年同期相比，减少亏损人民币 3,950.10 万元。本次季度报告是 公司财务部初 ...

格隆汇11月19日｜光云科技公告，公司股票交易于2025年11月17日、2025年11月18日、2025年11月19日 连续3个交易日内收盘价格涨幅偏离值累计超过30%，属于股票交易异常波动情形。经公司自查并向控 股股东及实际控制人核实，截至本公告披露日，不存在应披露而未披露的重大信息。公司业绩亏损，截 至2025年9月30日，实现归属于上市公司股东的净利润人民币-1503.19万元，与上年同期相比，减少亏 损人民币4070.85万元。 ...

Group 1 - The core viewpoint of the news is that Guangyun Technology's stock has seen a significant increase, with a rise of 5.47% to 17.35 CNY per share, and a trading volume of 677 million CNY, indicating strong market interest [1] - Guangyun Technology, established on August 29, 2013, and listed on April 29, 2020, primarily provides SaaS products for e-commerce merchants, with revenue composition being 85% from SaaS products, 9.72% from hardware, 3.54% from other services, 0.96% from CRM SMS, and 0.78% from operational services [1] - The company has a total market capitalization of 7.388 billion CNY [1] Group 2 - According to data, Shenyuan Lingxin Fund holds Guangyun Technology as a significant investment, with the Shenyuan Lingxin Digital Industry Stock Fund A (018048) holding 481,900 shares, representing 4.74% of the fund's net value, making it the seventh-largest holding [2] - The fund has achieved a year-to-date return of 18.94%, ranking 2681 out of 4208 in its category, and a one-year return of 18.31%, ranking 2534 out of 3956 [2] - The fund manager, Liang Guozhu, has been in charge for nearly four years, with the fund's total asset size at 1.826 billion CNY and a best return of 56.35% during his tenure [3]

11月18日光云科技（688365）收盘价16.45元，收盘涨停，全天换手率9.16%，振幅20.51%，成交额5.97 亿元。科创板交易公开信息显示，当日该股因日收盘价涨幅达15%等上榜。 光云科技11月18日龙虎榜 | 买入营业部名称 | 买入金额(万元) | | --- | --- | | 沪股通专用 | 4219.72 | | 华鑫证券有限责任公司上海陆家嘴证券营业部 | 3111.02 | | 华鑫证券有限责任公司上海嘉定棋盘路证券营业部 | 2156.88 | | 国泰海通证券股份有限公司成都天府二街第一证券营业部 | 1953.75 | | 华鑫证券有限责任公司湖州大线场路证券营业部 | 1548.27 | | 卖出营业部名称 | 卖出金额(万元) | | 沪股通专用 | 2429.58 | | 机构专用 | 1242.49 | | 中国银河证券股份有限公司福州证券营业部 | 973.04 | | 南京证券股份有限公司银川民族北街证券营业部 | 857.69 | | 机构专用 | 852.44 | 证券时报·数据宝统计显示，上榜的前五大买卖营业部合计成交1.93亿元， 其中，买入成交额为1.30 ...