格隆汇1月5日丨先锋精科(688605.SH)在互动平台表示，靖江先捷航空目前尚未和星际荣耀有业务合 作。 （原标题：先锋精科(688605.SH)：靖江先捷航空目前尚未和星际荣耀有业务合作） ...

格隆汇1月5日丨先锋精科(688605.SH)在互动平台表示，靖江先捷航空目前尚未与星河动力有业务合 作。 （原标题：先锋精科(688605.SH)：靖江先捷航空目前尚未与星河动力有业务合作） ...

Group 1 - The core viewpoint of the news is that Jiangsu Pioneer Precision Technology Co., Ltd. is engaged in the precision manufacturing of key components for semiconductor etching and thin film deposition equipment, with a market capitalization of 12.796 billion yuan as of December 31 [1] - The company's main business revenue composition includes: process components 71.38%, structural components 19.61%, other components 3.83%, modules 3.79%, surface treatment 0.83%, and others 0.56% [1] - As of the latest report, Pioneer Precision's stock price is 63.23 yuan per share, with a trading volume of 62.366 million yuan and a turnover rate of 0.90% [1] Group 2 - Longsheng Fund has a significant holding in Pioneer Precision, with the Longsheng Tongzhi Advantage Mixed Fund (LOF) holding 129,100 shares, accounting for 2.91% of the fund's net value, ranking as the tenth largest holding [2] - The Longsheng Tongzhi Advantage Mixed Fund (LOF) has a total scale of 329 million yuan, with a year-to-date return of 9.1% and a one-year return of 7.73% [2] - The fund manager, Qian Wenli, has been in position for 8 years and has achieved a best fund return of 131.18% during his tenure [3]

Group 1 - On December 30, Pioneer Precision Technology experienced a decline of 4.31% with a trading volume of 508 million yuan. The financing buy amount for the day was 83.87 million yuan, while the financing repayment was 61.13 million yuan, resulting in a net financing purchase of 22.75 million yuan. The total financing and securities lending balance reached 374 million yuan as of December 30 [1] - The financing balance of Pioneer Precision Technology is 373 million yuan, accounting for 5.39% of the circulating market value, which is above the 90th percentile level over the past year, indicating a high level [1] - The company specializes in the precision manufacturing of key components in the domestic semiconductor etching and thin film deposition equipment sectors, with its main business revenue composition being: process components 71.38%, structural components 19.61%, other components 3.83%, modules 3.79%, surface treatment 0.83%, and others 0.56% [1] Group 2 - As of September 30, the number of shareholders for Pioneer Precision Technology was 12,400, a decrease of 5.02% from the previous period. The average circulating shares per person increased by 5.29% to 3,268 shares [2] - For the period from January to September 2025, Pioneer Precision Technology achieved an operating income of 969 million yuan, representing a year-on-year growth of 11.47%. However, the net profit attributable to the parent company was 162 million yuan, a decrease of 7.56% year-on-year [2] - Since its A-share listing, Pioneer Precision Technology has distributed a total of 40.48 million yuan in dividends. The top ten circulating shareholders include new entrants such as the Harvest SSE STAR Chip ETF and the Huaxia SSE STAR Semiconductor Materials and Equipment Theme ETF [3]

Group 1 - The core viewpoint of the article is that the company, Pioneer Precision, is currently collaborating with Jiutian Xingge and is actively expanding its customer base in the commercial aerospace sector [1] Group 2 - The company possesses surface treatment capabilities for large aerospace components [1] - The company is in discussions to explore additional opportunities within the commercial aerospace industry [1]

Group 1 - The company, Pioneer Precision (688605.SH), is currently collaborating with Jiutian Xingge [1] - The company possesses surface treatment capabilities for large aerospace components and is actively seeking to expand and negotiate with other clients in the commercial aerospace sector [1]

Group 1 - The company is currently collaborating with Jiutian Xingge in the commercial aerospace sector [2] - The company possesses surface treatment capabilities for large aerospace components and is actively seeking to expand its client base in the commercial aerospace field [2]

格隆汇12月29日丨先锋精科(688605.SH)在互动平台表示，公司目前与九天行歌开展合作。公司具备大 型航空航天零部件的表面处理能力，目前正在积极拓展、洽谈商业航天领域的其他客户。 ...

Core Viewpoint - The stock price of Pioneer Precision Technology has experienced fluctuations, with a year-to-date decline of 12.60% but a recent recovery of 11.64% over the last five trading days, indicating potential volatility in investor sentiment [2]. Company Overview - Pioneer Precision Technology Co., Ltd. is located in Jiangsu Province and specializes in the precision manufacturing of key components for semiconductor etching and thin film deposition equipment [2]. - The company was established on March 20, 2008, and went public on December 12, 2024 [2]. - The revenue composition includes: process components (71.38%), structural components (19.61%), other components (3.83%), modules (3.79%), surface treatment (0.83%), and others (0.56%) [2]. Financial Performance - For the period from January to September 2025, the company achieved a revenue of 969 million yuan, representing a year-on-year growth of 11.47%, while the net profit attributable to shareholders decreased by 7.56% to 162 million yuan [2]. - Cumulative cash dividends since the A-share listing amount to 40.48 million yuan [3]. Shareholder Structure - As of September 30, 2025, the number of shareholders is 12,400, a decrease of 5.02% from the previous period, with an average of 3,268 circulating shares per shareholder, an increase of 5.29% [2]. - The top circulating shareholders include: - Jiashi Shanghai Stock Exchange Science and Technology Innovation Board Chip ETF (588200) as the largest shareholder with 921,500 shares, a new addition [3]. - Southern Science and Technology Innovation Board 3-Year Open Mixed Fund (506000) as the second largest shareholder with 712,900 shares, unchanged from the previous period [3]. - Noan Growth Mixed A (320007) as the third largest shareholder with 649,800 shares, also unchanged [3]. Market Activity - On December 29, the stock price fell by 2.00% to 67.02 yuan per share, with a trading volume of 341 million yuan and a turnover rate of 4.62%, resulting in a total market capitalization of 13.563 billion yuan [1]. - The net outflow of main funds was 37.07 million yuan, with significant buying and selling activity from large orders [1].

Group 1 - The new stock and newly listed sector continues to exhibit a speculative trend, with localized highlights becoming more pronounced. The current adjustment cycle has lasted nearly four months, and the negative impact from the failure to reach a bottom in early December is expected to have been digested over the past few weeks. A turning point for this adjustment cycle may be approaching [1][2][13] - The average increase in the new stock sector since the beginning of 2024 is approximately 1.2%, with about 60.1% of stocks achieving positive returns, indicating a recovery from the previous week’s average decline of -2.0% [1][13][28] - External catalysts are increasing, including the central bank's encouragement to raise long-term capital investment in A-shares, which may boost overall market risk appetite. Additionally, the Shanghai Stock Exchange's new listing standards for commercial aerospace companies may enhance trading enthusiasm in current popular themes [2][13] Group 2 - The focus remains on technology sectors, particularly in areas such as AI computing power, robotics, and commercial aerospace, which have significant long-term growth potential. Continuous attention and active search for emerging hotspots within these sectors are recommended [3][13] - For sectors that are currently popular, it is advised to manage the rhythm of adjustments and consider rotational investments, including innovative pharmaceuticals, new energy, new consumption, and non-ferrous chemicals [3][13] Group 3 - Upcoming new stocks include Qiangyi Co., Yufan Technology, Shuangxin Environmental Protection, and Hengdong Light [4][33] - Last week, three new stocks were available for online subscription, with an average issuance price-earnings ratio of 18.7X and an average subscription success rate of 0.0210% [5][21] - The average first-day increase for newly listed stocks last week was approximately 265%, indicating sustained high trading enthusiasm, although this was a slight decrease from the previous week’s average of 343% [5][25][26]