Group 1 - The corn concept index rose by 1.71%, ranking 8th among concept sectors, with 32 stocks increasing in value, led by Tiankang Biological, Xiamen Xiangyu, and Xinghuo Technology, which rose by 7.52%, 5.32%, and 3.75% respectively [1][2] - The corn concept sector saw a net inflow of 0.28 billion yuan from main funds, with 13 stocks receiving net inflows, the highest being Tiankang Biological with a net inflow of 50.81 million yuan [2][3] - The top three stocks by net inflow ratio in the corn concept were *ST Wanfang, Xin'an Shares, and Tiankang Biological, with net inflow ratios of 11.40%, 11.20%, and 8.79% respectively [3][4] Group 2 - The concept sectors with the highest daily gains included the Armament Restructuring Concept at 4.83% and the 2025 Q3 Report Pre-increase at 3.44%, while the National Big Fund Holdings saw a decline of 5.04% [2] - The corn concept was among the top gainers, alongside sectors like Animal Vaccines and Glyphosate, which rose by 1.93% and 1.92% respectively [2][5] - The trading volume and turnover rates for leading stocks in the corn concept indicate active trading, with Tiankang Biological showing a turnover rate of 5.67% [3][4]

证券代码：000638 证券简称：*ST万方 公告编号：2025-061 万方城镇投资发展股份有限公司 关于控股子公司取得土地不动产权证书的公告 本公司及其董事会全体成员保证信息披露内容的真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 地交付手续，并取得了白山市江源区自然资源局颁发的不动产权证，本次交易完 成。 一、交易概述 2024 年 5 月 23 日，万方城镇投资发展股份有限公司（以下简称"公司"）披 露了控股子公司吉林万方东巽虾青素产业科技发展有限公司（以下简称"万方东 巽"）成功通过竞拍获得白山市江源区自然资源局以挂牌方式出让的国有建设用 地使用权，并与白山市江源区自然资源局签订《国有建设用地使用权出让合同》 （合同编号：JYGTGP202400004，以下简称"《使用权出让合同》"）。上述国有 建设用地地块编号为 JYCBK-268-1 号，出让年限 50 年，面积 45,936 平方米。 根据《使用权出让合同》的有关约定，土地出让总价款为人民币 1,993.62 万元，分两期支付：第一期为人民币 996.81 万元，需于 2024 年 05 月 21 日之前 支付；第二期为人民币 99 ...

New Stock Offerings - The tender offer for Shangwei New Materials (688585) is open from September 29, 2025, to October 28, 2025[1] - Zitian Tui (300280) is in the delisting adjustment period with only 2 trading days remaining until the last trading day[1] Market Alerts - Kesi Technology (688788) and Pinming Technology (688109) have recent announcements but no specific details provided[1] - Magu Technology (688448) is experiencing severe abnormal fluctuations[1] Trading Updates - Multiple companies including Dongjing (002199) and Guosheng Jinkong (002670) have announcements dated October 9, 2025, indicating ongoing trading activities[1] - Companies like Hunan Yuneng (301358) and Wanrun New Energy (688275) have announcements from October 1, 2025, indicating recent trading updates[1] Financial Disclosures - Several companies have disclosed their financial information, with specific announcements linked to their respective stock codes[1] - The report includes links to detailed announcements for various companies, providing transparency in their financial activities[1]

New Stock Issuance - New stock issuance for Daoshengtianhe (Code: 780026) priced at 5.98 RMB on September 29, 2025[1] - Offer period for the acquisition of Shangwei New Materials (Code: 688585) is from September 29, 2025, to October 28, 2025[1] Delisting and Trading Alerts - Zitian Tui (Code: 300280) is in the delisting preparation period with 4 trading days remaining until the last trading day[1] - Significant abnormal fluctuations reported for Kaipu Cloud (Code: 688228) on September 25, 2025[1] Recent Announcements - Multiple companies including Zhonghuan Hailu (Code: 301040) and Shenhuafa A (Code: 000020) have recent announcements regarding their stock activities[1] - A total of 30 companies have made announcements regarding stock fluctuations and trading activities in the past week[1]

证券代码：000638 证券简称：*ST 万方 公告编号：2025-060 万方城镇投资发展股份有限公司 关于股票交易异常波动的公告 本公司及其董事会全体成员保证信息披露内容的真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 特别提示： 2025 年 9 月 23 日，公司通过淘宝网司法拍卖网络平台查询获悉：长春中院 于 2025 年 9 月 22 日 10 时起至 2025 年 9 月 23 日 10 时止对公司大股东万方源所 持公司股票 90,860,000 股进行的第二次司法拍卖，因无人竞价，均已流拍。本次 被拍卖的公司股票后续是否会被相关法院继续执行其他司法程序存在一定的不 确定性。若万方源失去公司第一大股东的身份，不再持有公司股票，公司存在控 股股东、实际控制人发生变更或无实际控制人的风险。 3、截至目前，公司、控股股东和实际控制人不存在关于公司的应披露而未 披露的重大事项，或处于筹划阶段的重大事项。 1 / 3 一、股票交易异常波动情况 万方城镇投资发展股份有限公司（以下简称"公司"）股票连续三个交易日 （2025 年 9 月 23 日至 2025 年 9 月 25 日）收盘价格跌幅累计偏 ...

Market Overview - The military electronics sector experienced a decline of 0.48% on September 25, with *ST WanFang leading the drop [1] - The Shanghai Composite Index closed at 3853.3, down 0.01%, while the Shenzhen Component Index closed at 13445.9, up 0.67% [1] Stock Performance - Notable gainers in the military electronics sector included: - *ST Tianwei: Closed at 23.36, up 6.86% with a trading volume of 25,200 shares [1] - Yuanbo Electronics: Closed at 74.53, up 3.10% with a trading volume of 28,800 shares [1] - Huafeng Technology: Closed at 105.88, up 2.81% with a trading volume of 198,900 shares [1] - Conversely, *ST WanFang saw a significant decline, closing at 3.95, down 4.82% with a trading volume of 341,800 shares [2] Capital Flow - The military electronics sector saw a net outflow of 370 million yuan from institutional investors, while retail investors contributed a net inflow of 76.04 million yuan [2] - The capital flow for key stocks included: - Huafeng Technology: Net inflow of 22.8 million yuan from institutional investors [3] - Jinxin Technology: Net inflow of 11.5 million yuan from institutional investors [3] - *ST Tianwei: Net inflow of 11.52 million yuan from institutional investors [3]

Group 1 - The company *ST WanFang has been officially investigated by the China Securities Regulatory Commission (CSRC) for information disclosure violations, marking the second time since receiving a warning from the Jilin Securities Regulatory Bureau in April 2024 [1] - A law firm has reported receiving numerous requests from investors for potential lawsuits, with specific timeframes set for eligible claims based on share purchase and sale dates [1] - The company is facing increasing delisting risks as it projects a net profit loss of between 4.5 million to 6.5 million yuan and a non-recurring profit loss of 5 million to 7 million yuan for the first half of 2025 [2] Group 2 - If the company fails to reverse its financial trends by the end of the year, delisting could become a harsh reality, necessitating close monitoring of financial data and regulatory investigations [3] - Over 30,000 shareholders are currently engaged in a race against time to protect their assets amid the ongoing legal and financial challenges faced by the company [4]

证券代码：000638 证券简称：*ST万方 公告编号：2025-059 万方城镇投资发展股份有限公司 关于大股东持有的公司股票被第二次司法拍卖的进展公告 本公司及其董事会全体成员保证信息披露内容的真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 重要内容提示： 2025 年 9 月 23 日，公司通过淘宝网司法拍卖网络平台查询获悉：长春中院 于 2025 年 9 月 22 日 10 时起至 2025 年 9 月 23 日 10 时止（延时的除外）对公司 大股东万方源所持公司股票 90,860,000 股进行的第二次司法拍卖，因无人竞价， 均已流拍。 鉴于，万方源分别于 2021 年 8 月 26 日和 2021 年 8 月 31 日与惠德实业签订 了《表决权委托协议》及《表决权委托协议之补充协议》，根据协议，万方源将 持有的公司股份 80,444,000 股（公司总股本为 311,386,551 股，占总股本的 25.83%） 对应的表决权无条件且不可撤销地全部委托惠德实业行使，委托期限为协议生效 之日起五年。就此，惠德实业成为公司的控股股东，白山市江源区财政局成为公 司实际控制人。若万方源失去公司 ...

Core Viewpoint - The second judicial auction of 90,860,000 shares (29.18% of total equity) held by the major shareholder Wanfangyuan of *ST Wanfang has failed, following a previous unsuccessful auction due to disposal rights issues [1] Group 1 - Wanfangyuan's total shareholding has been 100% pledged and frozen, with 135.41% under provisional freezing [1] - If Wanfangyuan loses its status as the major shareholder, the voting rights delegation agreement with Huide Industrial will become invalid, posing risks of changes in the controlling shareholder or the absence of a real controller [1] - The company is under investigation for suspected information disclosure violations and will closely monitor developments while reminding investors to be cautious [1]

Market Performance - The military electronics sector rose by 0.13% on September 22, with Xingtu Xinke leading the gains [1] - The Shanghai Composite Index closed at 3828.58, up 0.22%, while the Shenzhen Component Index closed at 13157.97, up 0.67% [1] Stock Performance - Notable gainers in the military electronics sector included: - Xingtu Xinke (688081) with a closing price of 35.77, up 9.66% on a trading volume of 110,000 shares and a turnover of 383 million yuan [1] - Guoguang Electric (688776) closed at 90.95, up 6.34% with a trading volume of 43,500 shares [1] - Other significant gainers included ST Wanfang (000638) up 5.02%, and Jingjia Micro (300474) up 4.12% [1] Fund Flow Analysis - The military electronics sector experienced a net outflow of 694 million yuan from institutional investors, while retail investors saw a net inflow of 759 million yuan [2][3] - Key stocks with significant fund flows included: - Jingjia Micro (300474) with a net inflow of 172 million yuan from institutional investors [3] - Gaode Infrared (002414) with a net inflow of 153 million yuan [3] - Huafeng Technology (688629) had a net inflow of 56.73 million yuan [3]