Core Viewpoint - The financing activities of Mould Technology (000700) indicate a positive investor sentiment, with a net buying trend observed over the past three trading days, suggesting a strong market interest in the stock [1][4]. Financing Summary - On October 28, 2025, Mould Technology had a financing buy-in of 36.02 million yuan and a financing repayment of 34.53 million yuan, resulting in a net buy of 1.50 million yuan, with a financing balance of 463 million yuan [1]. - Over the last three trading days, the cumulative net buying reached 40.47 million yuan [1]. - The financing balance on October 28 represented 5.28% of the circulating market value [2]. Margin Trading Summary - On October 28, 2025, there was a margin sell-out of 100 shares, with no shares repaid, resulting in a net sell-out of 100 shares and a remaining margin of 100 shares [3]. - The margin balance on that day was recorded at 957 yuan [3]. Overall Margin Balance - The total margin balance on October 28 was 464 million yuan, reflecting an increase of 1.50 million yuan or 0.32% from the previous day [4]. - The margin balance had previously increased significantly by 35.86 million yuan or 8.42% on October 27 [4].

Core Viewpoint - Mould Technology experienced a decline of 5.23% on October 13, with a stock price of 9.79 yuan per share and a total market capitalization of 8.987 billion yuan [1] Company Overview - Jiangnan Mould Technology Co., Ltd. is located in Jiangyin City, Jiangsu Province, established on June 27, 1988, and listed on February 28, 1997. The company specializes in the development, production, and sales of automotive bumpers and other components, plastic products, molds, and high-tech molded products [1] - The revenue composition of the company is as follows: automotive parts manufacturing 84.59%, specialized equipment and mold manufacturing 6.95%, medical services 3.48%, castings 2.58%, others (supplementary) 1.28%, and property leasing 1.11% [1] Fund Holdings - According to data, one fund under the Fortune Fund has a significant holding in Mould Technology. The Fortune CSI Value ETF (512040) held 1.931 million shares in the second quarter, accounting for 1.09% of the fund's net value, ranking as the fourth-largest holding [2] - The Fortune CSI Value ETF (512040) was established on November 7, 2018, with a current scale of 1.394 billion yuan. Year-to-date returns are 14.53%, ranking 3349 out of 4220 in its category; the one-year return is 16.88%, ranking 2635 out of 3855; and since inception, the return is 151.51% [2] - The fund manager of Fortune CSI Value ETF (512040) is Cao Ludi, who has been in the position for 5 years and 148 days, with a total asset scale of 13.739 billion yuan. The best fund return during his tenure is 115.14%, while the worst is -44.98% [2]

Core Viewpoint - The controlling shareholder of Mould Technology (模塑科技), Jiangyin Mould Group Co., Ltd., plans to reduce its shareholding by up to 9,180,153 shares, accounting for 1.00% of the total share capital, within three months after the announcement of the reduction plan [1][2]. Group 1: Shareholding and Reduction Plan - Jiangyin Mould Group currently holds 347,145,082 shares, representing 37.81% of the total share capital [1][6]. - The planned reduction is intended to fund the group's own production and operations, with the shares being sourced from agreements and private placements [1][2]. - Based on the closing price of 11.00 yuan on October 9, the group aims to cash out approximately 101 million yuan from this reduction [2]. Group 2: Historical Share Reduction - Since its initial shareholding of 85,993,100 shares (69.06% of total shares) on November 3, 2009, Jiangyin Mould Group has cumulatively reduced its holdings by 23,912,400 shares, realizing approximately 109 million yuan in cash [4]. - Including the current planned reduction, the total cash raised from share reductions will amount to approximately 210 million yuan [4]. Group 3: Pledged Shares - As of September 26, 2025, Jiangyin Mould Group has pledged 26,028,970 shares, which is 74.98% of its holdings, representing 28.35% of the total share capital [6].

Group 1 - Dongfang Caifu announced that shareholders plan to transfer a total of 237.8 million shares at a price of 24.40 yuan per share, with 32 institutional investors participating in the bidding [1] - Laofengxiang's subsidiary plans to invest 24 million USD to acquire a 20% stake in Maybach Luxury Goods Asia Pacific, becoming the second-largest shareholder [1] - Saito Bio's subsidiary received a CEP certificate for Dexamethasone Sodium Phosphate, allowing it to sell in international markets [2] Group 2 - Jianglong Shipbuilding is expected to win a bid for a 600-ton fishery enforcement vessel project worth 72.99 million yuan, accounting for 4.22% of its audited revenue for 2024 [3] - Shikong Technology is planning to acquire control of Shenzhen Jiahe Jinwei Electronic Technology Co., Ltd., with stock trading suspended for up to 5 trading days [4] - Mould Technology's controlling shareholder plans to reduce its stake by up to 1% due to funding needs [5] Group 3 - Guokong Electronics expects a net profit increase of 64.72% to 80.17% for the first three quarters of 2025, with projected revenue of 340 million to 370 million yuan [7] - Beimo High-Tech anticipates a net profit increase of 50% to 60% for the same period, with a projected net profit of 125 million to 133 million yuan [8] - ST Haofeng's controlling shareholder has transferred 15.0046% of shares to Zhixin Network at a price of 6 yuan per share, totaling 331 million yuan [9] Group 4 - ST Changyuan's major shareholder plans to reduce its stake by up to 3% within 90 days due to risk management [11] - Runze Technology's shareholder plans to reduce its stake by up to 1% due to personal funding needs [12] - Limin Co. expects a net profit increase of 649.71% to 669.25% for the first three quarters of 2025, with a projected net profit of 384 million to 394 million yuan [14] Group 5 - Kanda New Materials received a government subsidy of 10.05 million yuan, accounting for 4.08% of its latest audited net profit [15] - Keheng Co.'s shareholder plans to reduce its stake by up to 1% due to personal funding needs [16] - New Hope reported a September sales revenue of 1.746 billion yuan from 1.3942 million pigs sold, with a year-on-year decline of 23.82% [18] Group 6 - Wan'an Technology plans to invest 150 million yuan to establish a joint venture in Wuhan for automotive chassis systems [19] - Wan'an Technology also intends to acquire a 40% stake in Fuao Wan'an for 26.22 million yuan, aiming for full ownership [19] - Kuai Ke Electronics' controlling shareholder plans to transfer 4% of the company's shares through an inquiry [20] Group 7 - Changan Automobile's joint venture Avita Technology has completed payment of 3.45 billion yuan for a 10% stake in Huawei's Yiwang [21]

Economic Information - The margin trading ratio for SMIC (688981) has been adjusted from 0.70 to 0.00, and for BAWI Storage (688525) from 0.50 to 0.00 due to their static P/E ratios exceeding 300 [2] - The Ministry of Industry and Information Technology, the Ministry of Finance, and the State Taxation Administration have announced adjustments to the technical requirements for new energy vehicles eligible for vehicle purchase tax exemptions for 2026-2027, increasing the minimum electric range for plug-in hybrid vehicles from 43 km to 100 km [2] Company Alerts - Dongfang Fortune's initial pricing for its inquiry transfer is set at 24.40 CNY per share, representing an 8.8% discount from the previous closing price [4] - New Yisheng's initial pricing for its inquiry transfer is set at 328 CNY per share, representing a 6.6% discount from the previous closing price [7] Overseas Alerts - The three major U.S. stock indices closed lower, with the Dow Jones down 0.52%, Nasdaq down 0.08%, and S&P 500 down 0.28%. Popular tech stocks showed mixed performance, with Oracle up over 3% and Meta up over 2%, while Apple and Google fell over 1% [5] - COMEX gold futures fell by 1.95% to 3991.1 USD per ounce, and COMEX silver futures fell by 2.73% to 47.655 USD per ounce [7]

Group 1 - The controlling shareholder, Jiangyin Mould Group Co., Ltd., plans to reduce its stake in Mould Technology Co., Ltd. by up to 9,180,153 shares, which represents 1.00% of the company's total share capital [1]

Core Viewpoint - On October 9, a total of 15 listed companies disclosed share reduction plans, with no companies announcing share increases on the same day [1]. Summary by Company - Runze Technology: Shareholder Ningbo Dayong plans to reduce no more than 1% of the company's shares [2]. - Yunji Group: Some executives plan to reduce their holdings in the company [2]. - ST Changyuan: Gree Jin Investment plans to reduce no more than 3% of its shares [2]. - Mould Technology: Controlling shareholder Mould Group plans to reduce no more than 1% of the company's shares [2]. - Qianzhao Optoelectronics: Senior management personnel Liu Zhao and others intend to reduce no more than 0.04% of the company's shares [2]. - Huawang Technology: Shareholder Xie Zhengxian plans to reduce no more than 1.10% of the company's shares [2]. - Qisheng Technology: Controlling shareholder and actual controller plan to collectively reduce no more than 3.09% of the company's shares [2]. - Qiaoyin Co., Ltd.: Major shareholder Guo Beihua and Zeyuan Private Equity plan to reduce no more than 6% of the total share capital [2]. - Baodi Mining: Six specific shareholders plan to collectively reduce no more than 5.45% of the company's shares [2]. - Huajian Group: Multiple directors and executives plan to collectively reduce 1.05 million shares of the company [2]. - Tianqimo: Financial director Deng Yinghua plans to reduce no more than 0.0014% of the company's shares [2]. - Ruina Intelligent: Two shareholders plan to collectively reduce no more than 1.18% of the company's shares [2]. - Shengmei Shanghai: Shareholders plan to collectively reduce 0.14% of the company's shares [2]. - Jinli Permanent Magnet: Ganzhou Xinshi has recently reduced 0.99% of the company's total share capital [2]. - Bull Group: One of the actual controllers, Ruan Xueping, plans to reduce no more than 2% of the company's shares [2].

Group 1 - China Logistics Group's wholly-owned subsidiary plans to increase its stake in Huamao Logistics by 0.645 billion to 1.29 billion yuan [1] - Some directors and senior management of Weili intend to increase their holdings in the company by 6.5 million to 13 million yuan [1] - Shareholders of Qiaoyin Co. plan to reduce their holdings by no more than 6% of the company's shares [1] Group 2 - Shareholders of Baodi Mining intend to reduce their holdings by no more than 5.45% of the company's shares [1] - Shareholders of Qisheng Technology plan to reduce their holdings by no more than 3.09% of the company's shares [1] - Major shareholder of ST Changyuan, Gree Jin Investment, intends to reduce its holdings by no more than 3% of the company's shares [1] Group 3 - Multiple directors and executives of Huajian Group plan to reduce their holdings by a total of 1.05 million shares [1] - Shareholder Ruan Xueping of Gongniu Group intends to reduce his holdings by no more than 2% of the company's shares [1] - Two shareholders of Ruina Intelligent plan to reduce their holdings by no more than 1.18% of the company's shares [1] Group 4 - Shareholder Tou Zhengxian of Huawang Technology intends to reduce his holdings by no more than 1.10% of the company's shares [1] - Controlling shareholder of Mould Technology plans to reduce its holdings by no more than 1.00% of the company's shares [1] - Shareholder Ningbo Dayong of Runze Technology intends to reduce his holdings by no more than 1% of the company's shares [1] Group 5 - Shareholders of Shengmei Shanghai plan to reduce their holdings by a total of 0.14% of the company's shares [1]

Core Viewpoint - The controlling shareholder of Mould Technology (000700.SZ), Jiangyin Mould Group Co., Ltd., plans to reduce its stake in the company by up to 9,180,153 shares, representing 1.00% of the total share capital, within three months following the announcement of the reduction plan [1] Summary by Relevant Sections - **Share Reduction Plan** - Jiangyin Mould Group intends to reduce its holdings through centralized bidding [1] - The funds from the share reduction will be used for the group's own production and operations [1] - **Compliance and Ownership** - The reduction plan is consistent with previously disclosed intentions and commitments, and does not violate any related commitments [1] - After the completion of the share reduction, Jiangyin Mould Group will remain the largest shareholder of the company, with no change in the controlling shareholder or actual controller [1]

Group 1 - The controlling shareholder, Jiangyin Mould Group Co., Ltd., plans to reduce its stake in Jiangnan Mould Technology Co., Ltd. by up to 9,180,153 shares, representing 1.00% of the total share capital [1][2] - Jiangyin Mould Group holds 347,145,082 shares, accounting for 37.81% of the total share capital, and the reduction is intended to fund its own production and operations [2] - The reduction will occur within three months after a 15-trading-day period following the announcement, using a centralized bidding method at market prices [2][3] Group 2 - After the reduction, Jiangyin Mould Group will remain the largest shareholder, and there will be no change in the company's controlling shareholder or actual controller, ensuring stability in governance and operations [3] - The implementation of the reduction plan is subject to market conditions and the company's stock price, with specific timing, quantity, and price remaining uncertain [3] - The reduction plan complies with relevant laws and regulations, and Jiangnan Mould Technology will continue to monitor the situation and fulfill its disclosure obligations [3]