Group 1 - A total of 63 stocks in the A-share market reached the daily limit on November 18, indicating strong market activity [1] - Notable stocks include *ST Lvkang with 9 consecutive limit-ups in the veterinary medicine sector, and Shengli Shares with 6 consecutive limit-ups in the natural gas sector [1] - Other significant performers include Zhenai Meijia with 5 limit-ups in the home textile sector, and Jiuwang with 5 limit-ups in the clothing sector [1] Group 2 - ST Ruihe and Longzhou Shares both achieved 4 limit-ups, with ST Ruihe in the photovoltaic sector and Longzhou Shares in energy storage [1] - Huaxia Xingfu, also with 4 limit-ups, is associated with the robotics concept [1] - Companies like Aerospace Development and Zhongshui Fishery recorded 3 limit-ups, involved in commercial aerospace and agricultural sectors respectively [1]

Group 1 - The stock of Shengli Co., Ltd. has hit the daily limit up for six consecutive trading days, with a current price of 6.70 yuan and a trading volume of 7.58 million shares, amounting to a transaction value of 50.81 million yuan [2][3] - During the consecutive limit-up period, the stock has increased by 77.25%, with a cumulative turnover rate of 5.53% [2][3] - The latest total market capitalization of A-shares reached 5.897 billion yuan, with a circulating market capitalization of 5.868 billion yuan [2][3] Group 2 - The company reported a revenue of 3.042 billion yuan for the first three quarters, a year-on-year decrease of 5.07%, while net profit reached 120 million yuan, an increase of 9.43% [2][3] - The basic earnings per share is 0.1364 yuan, and the weighted average return on equity is 4.00% [2][3] - The company was established on May 11, 1994, with a registered capital of 880.08 million yuan [2][3]

Group 1 - The core point of the article highlights that Shengli Co., Ltd. has achieved a significant trading volume of 1.316 billion RMB, marking the highest level since October 11, 2022 [2] - The latest stock price of Shengli Co., Ltd. has increased by 9.85%, with a turnover rate of 22.43% [2] - The previous trading day recorded a total trading volume of 52 million RMB for the stock [2] Group 2 - Shengli Co., Ltd. was established on May 11, 1994, with a registered capital of 880.084656 million RMB [2]

Market Overview - A-shares opened lower on November 18, with the Shanghai Composite Index at 3962.44 points, down 0.24% [1] - The Shenzhen Component Index fell by 0.31%, and the ChiNext Index decreased by 0.51% [1] Sector Performance - The lithium extraction from salt lakes and real estate sectors showed active bidding, while the coal and aerospace military sectors experienced a pullback [2] - The lithium mining sector continued its strong performance, with active bidding in the salt lake lithium extraction segment [3] Lithium Mining Sector - Key stocks in the lithium sector included: - Jinyuan Co. (000546) reached a limit up with a 10.03% increase, total market value at 5.4 billion [4] - Shengxin Lithium Energy (002240) also hit the limit up with a 9.99% increase, market value at 36.2 billion [4] - Guocheng Mining (000688) rose by 8.87%, market value at 34 billion [4] - Ganfeng Lithium's chairman predicted a 30% increase in lithium carbonate demand by 2026, reaching 1.9 million tons, with supply expected to grow by 250,000 tons, indicating a potential price increase [4] Policy Support - The National Energy Administration recently issued guidelines to support the development of 100% renewable energy bases [5] - The total project amount signed at the 2025 World Power Battery Conference reached 86.13 billion, which will provide long-term support for lithium demand [5] Hainan Free Trade Zone - The Hainan Free Trade Zone sector saw a notable rise, with stocks like Hainan Haiyao (000566) and Haima Automobile (000572) hitting limit up [6] - Other stocks in this sector, such as Kangzhi Pharmaceutical (300086) and Shennong Seed Industry (300189), also increased by over 5% [6] Victory Shares - Victory Shares (000407) achieved a limit up within one minute of trading, marking its sixth consecutive limit up [8] - The company announced a plan to acquire gas-related assets, with total assets of the target companies amounting to 2.171 billion as of September 2025 [8]

Market Overview - A-shares opened lower on November 18, with the Shanghai Composite Index at 3962.44 points, down 0.24%, Shenzhen Component down 0.31%, and ChiNext down 0.51% [2]. Sector Performance - The lithium extraction from salt lakes and real estate sectors were active in bidding, while the coal and aerospace military industries experienced a pullback [5]. - The lithium mining sector continued its strong performance, with active bidding in the salt lake lithium extraction segment [8]. Lithium Sector Highlights - Key stocks in the lithium sector included: - Jinyuan Co. (涨停, 10.03% increase, market cap 5.4 billion) - Shengxin Lithium Energy (涨停, 9.99% increase, market cap 36.2 billion) - Guocheng Mining (涨停, 8.87% increase, market cap 34 billion) - Dazhong Mining (涨停, 7.22% increase, market cap 49.9 billion) - Yahua Group (涨停, 5.80% increase, market cap 30.5 billion) [9]. - Predictions from Ganfeng Lithium's chairman indicated a 30% increase in lithium carbonate demand by 2026, reaching 1.9 million tons, with supply expected to grow by 250,000 tons, suggesting a balanced supply-demand scenario [10]. Hainan Free Trade Zone Sector - The Hainan Free Trade Zone sector saw a notable rise, with stocks like Hainan Haiyao and Haima Automobile hitting涨停, and several others increasing over 5% [12][13]. - Key stocks included: - Shennong Seed Industry (涨幅 7.45%, market cap 6.2 billion) - Xinlong Holdings (涨幅 5.49%, market cap 4.3 billion) [14]. Victory Shares - Victory Shares experienced a涨停 for the sixth consecutive time, with a current price of 6.7 yuan per share and a market cap of 5.9 billion [16]. - The company announced a plan to acquire gas-related assets, with total assets of the target companies amounting to 2.171 billion by September 2025 [16].

Market Overview - The gas sector experienced a decline of 0.61% on November 17, with Shouhua Gas leading the drop [1] - The Shanghai Composite Index closed at 3972.03, down 0.46%, while the Shenzhen Component Index closed at 13202.0, down 0.11% [1] Stock Performance - Notable gainers included: - Shengli Co., Ltd. (Code: 000407) with a closing price of 6.09, up 9.93% and a trading volume of 84,700 shares [1] - Changchun Gas (Code: 600333) closed at 8.00, up 4.17% with a trading volume of 1.3086 million shares [1] - Guo New Energy (Code: 600617) closed at 4.27, up 3.14% with a trading volume of 2.2808 million shares [1] - Notable decliners included: - Caohua Gas (Code: 300483) closed at 17.30, down 8.76% with a trading volume of 612,200 shares [2] - Kaiteng Gas (Code: 920010) closed at 14.35, down 6.70% with a trading volume of 169,600 shares [2] - Baichuan Energy (Code: 600681) closed at 5.11, down 5.89% with a trading volume of 1.6210 million shares [2] Capital Flow - The gas sector saw a net outflow of 379 million yuan from institutional investors, while retail investors contributed a net inflow of 267 million yuan [2] - The main capital flow data indicates: - Jiufeng Energy (Code: 605090) had a net inflow of 48.9985 million yuan from institutional investors [3] - Shengli Co., Ltd. (Code: 000407) had a net inflow of 16.6492 million yuan from institutional investors [3] - Zhongtai Co., Ltd. (Code: 300435) had a net inflow of 15.8782 million yuan from institutional investors [3]

Core Viewpoint - The oil and gas sector is experiencing upward movement in stock prices, driven by geopolitical tensions and supply disruptions, particularly from Russia, which has halted exports equivalent to 2% of global supply [1]. Group 1: Market Performance - As of November 17, 2025, the National Oil and Gas Index (399439) increased by 0.28%, with significant gains in constituent stocks such as Shun Oil (603353) up 9.99% and Victory Shares (000407) up 9.93% [1]. - The Oil and Gas ETF (159697) rose by 0.60%, marking its fourth consecutive increase, with the latest price at 1.18 yuan [1]. Group 2: Supply and Price Dynamics - The geopolitical situation has led to a suspension of exports from Russian Black Sea ports, impacting supply by approximately 2% of global oil production, equating to 2.2 million barrels per day [1]. - According to Huatai Securities, multiple factors including OPEC+ production increases, rising risks of Russian oil sanctions, and an increase in U.S. commercial crude oil inventories have contributed to a downward trend in oil price levels [1]. Group 3: Key Holdings - As of October 31, 2025, the top ten weighted stocks in the National Oil and Gas Index include major companies such as China National Petroleum (601857) and Sinopec (600028), collectively accounting for 65.09% of the index [2]. - The Oil and Gas ETF is closely tracking the National Oil and Gas Index, reflecting the price changes of publicly listed companies in the oil and gas sector [1][2].

证券研究报告·行业跟踪周报·燃气Ⅱ [Table_Tag] [投资要点 Table_Summary] 2025 年 11 月 17 日 证券分析师 袁理 执业证书：S0600511080001 021-60199782 yuanl@dwzq.com.cn 证券分析师 谷玥 执业证书：S0600524090002 guy@dwzq.com.cn 燃气Ⅱ行业跟踪周报 降温预期消化，美国气价回落、欧洲&中国气 价微降 增持（维持） 行业走势 -12% -9% -6% -3% 0% 3% 6% 9% 12% 15% 18% 21% 2024/11/18 2025/3/18 2025/7/16 2025/11/13 燃气Ⅱ 沪深300 相关研究 《天气转冷美国&欧洲气价上涨，中 国供应充足气价微降》 2025-11-10 《天气转冷美国&中国气价上涨，欧 洲燃气发电出力下降气价回落》 2025-11-03 东吴证券研究所 1 / 14 请务必阅读正文之后的免责声明部分 ◼ 价格跟踪：降温预期消化，美国气价回落、欧洲&中国气价微降。截至 2025/11/14,美国 HH/欧洲 TTF/东亚 JKM/中国 LNG 出厂/中 ...

胜利股份盘中涨停，已连收5个涨停板，截至9:25，该股报6.09元，换手率0.23%，成交量200.68万股， 成交金额1222.14万元，涨停板封单金额为12.79亿元。连续涨停期间，该股累计上涨61.11%，累计换手 率为3.93%。最新A股总市值达53.60亿元，A股流通市值53.34亿元。 龙虎榜数据显示，该股因连续三个交易日内，涨幅偏离值累计达20%上榜龙虎榜2次，买卖居前营业部 中，营业部席位合计净买入6623.50万元。 据天眼查APP显示，山东胜利股份有限公司成立于1994年05月11日，注册资本88008.4656万人民币。 （数据宝） 近日该股表现 | 日期 | 当日涨跌幅（%） | 换手率（%） | 主力资金净流入（万元） | | --- | --- | --- | --- | | 2025.11.14 | 9.92 | 1.23 | 4058.24 | | 2025.11.13 | 10.04 | 0.93 | 2445.84 | | 2025.11.12 | 10.10 | 0.53 | 1743.20 | | 2025.11.11 | 10.05 | 1.01 | 1897.79 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 一、股票交易异常波动的情况介绍 山东胜利股份有限公司（以下简称"公司"或"本公司"）股票（证券简称：胜利股份，证券代码： 000407）连续2个交易日（2025年11月13日、11月14日）收盘价格涨幅偏离值累计超过20%，根据深圳 证券交易所的有关规定，属于股票交易异常波动的情况。 二、关注、核实情况说明 针对股票异常波动情况，公司董事会就相关事项进行了核实，现将有关情况说明如下： 1.2025年11月10日，公司召开十一届七次董事会会议（临时），审议通过了《关于公司发行股份及支付 现金购买资产并募集配套资金暨关联交易方案的议案》《关于〈山东胜利股份有限公司发行股份及支付 现金购买资产并募集配套资金暨关联交易预案〉及其摘要的议案》等相关议案，具体内容详见公司于 2025年11月11日、11月12日刊登在巨潮资讯网（http://www.cninfo.com.cn）及指定信息披露媒体的相关 公告。 5.公司控股股东、实际控制人在股票交易异常波动期间不存在买卖公司股 ...