Group 1 - A-shares are showing steady growth in 2026, with foreign institutions actively conducting research to seize investment opportunities, particularly in technology sectors like AI, semiconductors, and electronic devices [1] - As of January 15, 2026, foreign institutions have conducted a total of 70 research sessions on A-share listed companies, with Anji Technology receiving the most attention from 27 foreign institutions [1] - UBS Wealth Management indicates that despite strong performance in the Chinese stock market since 2025, valuations remain low compared to global peers, suggesting significant upside potential [1] Group 2 - Morgan Asset Management forecasts a potential slowdown in global economic growth in 2026, with a supportive low-interest-rate environment expected to bolster economic development [2] - The liquidity environment in China is anticipated to remain loose, with a clear supportive policy stance from the government, which is expected to benefit the stock market [2] - Key investment directions identified include AI-driven sectors, lithium battery industry, non-ferrous metals, machinery benefiting from overseas demand, and semiconductor fields focusing on domestic GPU and equipment [2] Group 3 - Fidelity Fund emphasizes the importance of the "super track" of artificial intelligence and three strong sectors: aerospace, low-altitude economy, and innovative consumer [3]

Group 1 - The core point of the news is that Shanghai Jiao Cheng Ultrasonic Technology Co., Ltd. has seen a stock price increase of 5.75%, reaching 152.50 yuan per share, with a total market capitalization of 17.649 billion yuan [1] - The company specializes in the research, design, production, and sales of ultrasonic welding and cutting equipment, as well as providing automation solutions for the new energy battery manufacturing sector [1] - The revenue composition of the company's main business includes: 31.42% from accessories, 25.86% from ultrasonic equipment for new energy batteries, 18.51% from services and others, 13.92% from ultrasonic equipment for wire harness connectors, 8.03% from semiconductor ultrasonic equipment, 2.09% from non-metal ultrasonic equipment, and 0.18% from other supplementary sources [1] Group 2 - From the perspective of major fund holdings, Jiao Cheng Ultrasonic is a significant investment for the Jin Ying Fund, with the Jin Ying Research Driven Mixed A Fund holding 5,479 shares, representing 1.63% of the fund's net value [2] - The Jin Ying Research Driven Mixed A Fund has a total scale of 735,200 yuan and has achieved a year-to-date return of 5.18%, ranking 3,562 out of 8,847 in its category [2] - The fund manager, Li Longjie, has a tenure of 1 year and 252 days, with the best fund return during this period being 5.08% [3]

Group 1 - The company is continuously monitoring opportunities related to its core business and strategic development plans [1] - The company is actively exploring potential applications in emerging fields, focusing on expanding the use of ultrasound technology into more application areas [1]

Core Viewpoint - The company is focused on the research and application of ultrasonic technology, aiming to build a comprehensive technology platform that covers both power ultrasound and detection ultrasound [1] Group 1: Company Strategy - The company is leveraging its core ultrasonic technology to expand into various fields, including new energy and semiconductors [1] - The company emphasizes strong R&D investment to continuously enhance its professional technology platform and core competitiveness [1] Group 2: Product Applications - The company's products are primarily applied in the new energy and semiconductor sectors [1] - The company is actively exploring the application of ultrasonic technology in advanced semiconductor packaging and medical fields [1]

Core Viewpoint - The major shareholder of Shanghai Jiao Cheng Ultrasonic Technology Co., Ltd. plans to reduce its shareholding due to personal funding needs, which may impact the company's stock performance in the short term [2][3]. Group 1: Major Shareholder Information - As of the announcement date, the major shareholder, Shanghai Jianlin Enterprise Management Partnership (Limited Partnership), holds 7,587,584 shares, accounting for 6.56% of the total share capital [2]. - Out of these shares, 6,467,542 shares became tradable on September 27, 2023, while 1,120,042 shares will be tradable starting September 29, 2025 [2]. Group 2: Share Reduction Plan - The shareholder plans to reduce a total of up to 1,896,896 shares, which is no more than 1.64% of the company's total share capital, within three months after the announcement date [3]. - The reduction will be executed through centralized bidding and/or block trading, with the selling price determined by market conditions [3]. - Any corporate actions such as stock dividends or capital increases during the reduction period will lead to adjustments in the number of shares to be reduced [3]. Group 3: Shareholder Commitments - The major shareholder has committed to not transferring or managing shares held prior to the company's initial public offering for 12 months post-listing [5]. - If the shareholder intends to reduce shares after the lock-up period, they will announce the plan three trading days in advance and ensure compliance with relevant regulations [5][6]. - The shareholder's reduction price will not be lower than the initial offering price, adjusted for any corporate actions affecting share value [6]. Group 4: Management Commitments - Company directors and senior management have also committed to not transferring their shares for 12 months post-listing and have set limits on the amount they can sell annually [7][8]. - If the stock price falls below the offering price for 20 consecutive trading days, the lock-up period will automatically extend by six months [8]. Group 5: Compliance and Regulations - The shareholder's reduction plan complies with relevant laws and regulations, ensuring that it does not lead to a change in control of the company [9]. - The company will disclose any updates regarding the reduction plan as required by law [9].

Summary of Key Points Core Viewpoint - On January 7, several A-share listed companies disclosed their shareholding changes, with some announcing plans to increase their holdings while others indicated intentions to reduce their stakes. Group 1: Shareholding Increases - Zhenxin Technology's directors Yang Zhang, Yang Guoyong, and Mo Ran plan to increase their shareholdings [2] - Anfu Technology's certain directors and senior management intend to increase their holdings by approximately 11.9 million to 13.4 million yuan [2] - Aidi Precision has received a commitment letter for a stock repurchase loan of 180 million yuan from CITIC Bank [2] Group 2: Shareholding Reductions - Yili Group's chairman Pan Gang plans to reduce his holdings by no more than 0.98% [3] - Jiao Cheng Ultrasonic's shareholder Jianlin Management intends to reduce its stake by no more than 1.64% [3] - Tianhe Magnetic Materials' shareholder Nantong Yuanlong plans to reduce its holdings by no more than 3% [3] - New Link Electronics' controlling shareholder intends to reduce its stake by no more than 3% [3] - Beidou Star's certain directors and executives plan to collectively reduce their holdings by no more than 0.012% [3] - Aili Home's shareholders Zexing and Zehui plan to reduce their holdings by no more than 1.8947% [3] - Rutong Co.'s senior management member plans to reduce his holdings by no more than 0.0097% [3] - Hengshang Energy's Qian Lirong plans to reduce his holdings by no more than 1.8384%, and Lu Fengxian plans to reduce by no more than 1% [3] - Saiteng Co.'s shareholders plan to reduce their holdings by no more than 3% [3] - Longhua New Materials' executive Xu Wei plans to reduce his holdings by no more than 0.01% [3] - Six other companies, including Siquan New Materials and Tianhong Co., have also announced various reductions in shareholdings [3]

Core Viewpoint - The announcement from Jiao Cheng Ultrasound indicates that a significant shareholder plans to reduce their stake in the company due to personal financial needs [2] Group 1: Shareholder Information - The shareholder Shanghai Jianlin Enterprise Management Partnership (Limited Partnership) holds 7,587,584 shares, representing 6.56% of the total share capital of the company [2] - The planned reduction involves a maximum of 1,896,896 shares, which accounts for up to 1.64% of the company's total share capital [2] Group 2: Reduction Plan Details - The reduction will take place within three months following the announcement, starting 15 trading days after the disclosure [2] - The shares will be sold through centralized bidding and/or block trading, with the selling price determined by market conditions [2]

Core Viewpoint - The company Jiao Cheng Ultrasonic (688392.SH) announced a share reduction plan due to its own funding needs, indicating a potential shift in shareholder structure and liquidity management [1] Group 1 - The company Jinglin Management plans to reduce its holdings by a total of up to 1.8969 million shares, which represents no more than 1.64% of the company's total share capital [1] - The share reduction will take place within three months after the announcement, starting 15 trading days from the date of the announcement [1] - The price for the shares to be reduced will be determined based on market prices [1]

Core Viewpoint - The company, Jiao Cheng Ultrasound (688392.SH), announced a share reduction plan by a major shareholder, Jianlin Management, due to personal funding needs [1] Group 1: Shareholder Actions - Jianlin Management, holding over 5% of shares, plans to reduce its holdings by up to 1.64% of the total share capital, which amounts to a maximum of 1.8969 million shares [1] - The reduction will take place within three months following the announcement, starting 15 trading days after the disclosure [1] - The selling price of the shares will be determined based on market prices [1]

Group 1 - The core point of the article is that the shareholder Shanghai Jianlin Enterprise Management Partnership plans to reduce its stake in Jiao Cheng Ultrasonic by up to 1.64% due to funding needs [1] - The shareholder holds 6.56% of the company's shares and intends to sell a maximum of 1.8969 million shares through centralized bidding and/or block trading [1] - This reduction in shareholding may impact the stock's market performance and investor sentiment [1]