Group 1 - The core point of the article is that *ST Jieneng has experienced a significant decline, hitting the daily limit down and marking its fourth consecutive trading day of losses, with a total drop of 18.59% over four days [2] Group 2 - The stock has faced a continuous downward trend, indicating potential concerns among investors regarding the company's performance [2] - The article highlights the importance of monitoring the stock's performance closely due to its recent volatility [2] - The decline may reflect broader market sentiments or specific issues related to the company that require further investigation [2]

Group 1: New Stock Offerings - Tianpu Co., Ltd. (Stock Code: 605255) has a tender offer period from November 20, 2025, to December 19, 2025[1] - Hangzhou Steam Turbine Co., Ltd. (Stock Code: 200771) has a cash option declaration period from November 19, 2025, to November 25, 2025[1] - Central Plaza (Stock Code: 600280) announced on November 20, 2025[1] Group 2: Stock Performance Alerts - Moen Electric (Stock Code: 002451) reported severe abnormal fluctuations on November 14, 2025[1] - ST Yuancheng (Stock Code: 603388) reported severe abnormal fluctuations on November 11, 2025[1] - ST Keli Da (Stock Code: 603828) reported severe abnormal fluctuations on November 12, 2025[1] Group 3: Recent Announcements - Jiumuwang (Stock Code: 601566) announced on November 20, 2025[1] - Taiping Bird (Stock Code: 603877) announced on November 20, 2025[1] - Huaci Co., Ltd. (Stock Code: 001216) announced on November 20, 2025[1]

证券代码：000820 股票简称：*ST节能 公告编号：2025-071 神雾节能股份有限公司 关于股票交易异常波动的公告 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。 针对公司股价异常波动，公司通过电话问询、书面函件及其他通讯方式对控 股股东、实际控制人及公司全体董事和高级管理人员就有关事项进行了核实，现 将核实情况说明如下： 1、公司于2025年7月26日、8月16日和9月3日在巨潮资讯网上披露了《关于 控股股东所持部分股份被司法拍卖进展公告》（公告编号：2025-049；2025-059； 2025-064），控股股东神雾科技集团股份有限公司所持公司2,300万股和9,000万股 限售股均流拍。截止目前，公司尚未收到关于上述两次法拍事项后续处置的具体 通知。公司将密切关注股份法拍事项的进展情况，并及时履行信息披露义务。若 后续2,300万股和9,000万股限售股均拍卖成交或司法划转且完成过户手续，神雾 科技集团股份有限公司所持公司股份将累计减少至4,960万股，占公司目前总股本 的7.67%，神雾集团将不再为公司第一大股东，公司控制权可能发生变更，未来 ...

Core Insights - The environmental equipment sector saw an increase of 1.78% on November 18, with *ST节能 leading the gains [1] - The Shanghai Composite Index closed at 3939.81, down 0.81%, while the Shenzhen Component Index closed at 13080.49, down 0.92% [1] Stock Performance Summary - *ST节能 closed at 3.86, up 4.89% with a trading volume of 84,600 shares and a transaction value of 32.1461 million yuan [1] - 亚米股份 closed at 21.16, up 2.32% with a trading volume of 63,200 shares and a transaction value of 134 million yuan [1] - 美埃科技 closed at 48.61, up 2.32% with a trading volume of 24,300 shares and a transaction value of 118 million yuan [1] - 国林科技 closed at 16.62, up 0.97% with a trading volume of 128,800 shares and a transaction value of 215 million yuan [1] - 青达环保 closed at 27.16, up 0.78% with a trading volume of 11,600 shares and a transaction value of 31.0144 million yuan [1] - 创元科技 closed at 11.25, up 0.54% with a trading volume of 90,200 shares and a transaction value of 101 million yuan [1] - *ST清研 closed at 17.21, up 0.12% with a trading volume of 10,400 shares and a transaction value of 17.8267 million yuan [1] - 力合科技 closed at 12.54, down 0.16% with a trading volume of 23,300 shares and a transaction value of 29.0822 million yuan [1] - ST先河 closed at 8.21, down 0.36% with a trading volume of 55,400 shares and a transaction value of 45.3862 million yuan [1] - 盛剑科技 closed at 24.57, down 0.77% with a trading volume of 9,641 shares and a transaction value of 23.6591 million yuan [1] Fund Flow Analysis - The environmental equipment sector experienced a net outflow of 111 million yuan from institutional investors, while retail investors saw a net inflow of 81.1765 million yuan [2] - The main fund inflows and outflows for specific stocks include: - 国林科技 had a net inflow of 28.8919 million yuan from institutional investors [3] - 创元科技 had a net inflow of 18.2455 million yuan from institutional investors [3] - 亚米股份 had a net inflow of 6.6770 million yuan from institutional investors [3] - *ST节能 had a net inflow of 2.8607 million yuan from institutional investors [3] - 久吾高科 had a net inflow of 2.5113 million yuan from institutional investors [3]

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]

Core Insights - The environmental equipment sector saw an increase of 0.97% on November 17, with *ST节能 leading the gains [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 Summary - *ST节能 closed at 3.68, up 5.14% with a trading volume of 182,400 shares and a transaction value of 66.35 million [1] - 菲达环保 closed at 5.90, up 3.51% with a trading volume of 272,200 shares and a transaction value of 160 million [1] - 碧兴物联 closed at 24.97, up 3.40% with a trading volume of 16,700 shares and a transaction value of 40.93 million [1] - 久吾高科 closed at 30.91, up 2.83% with a trading volume of 44,300 shares and a transaction value of 136 million [1] - 青达环保 closed at 26.95, up 1.85% with a trading volume of 14,500 shares and a transaction value of 38.93 million [1] - 华宏科技 closed at 15.61, up 1.50% with a trading volume of 150,800 shares and a transaction value of 235 million [1] - 龙源技术 closed at 8.26, up 1.35% with a trading volume of 129,600 shares and a transaction value of 106 million [1] - 国林科技 closed at 16.46, up 1.23% with a trading volume of 56,300 shares and a transaction value of 92.62 million [1] - 龙净环保 closed at 16.10, up 1.13% with a trading volume of 147,700 shares and a transaction value of 236 million [1] - 楚杯科技 closed at 26.55, up 0.87% with a trading volume of 10,600 shares and a transaction value of 28.08 million [1] Fund Flow Analysis - The environmental equipment sector experienced a net outflow of 71.62 million from institutional investors, while retail investors saw a net inflow of 40.04 million [2] - 游资资金 (speculative funds) had a net inflow of 31.58 million [2] Individual Stock Fund Flow - 菲达环保 had a net inflow of 16.74 million from institutional investors, while retail investors experienced a net outflow of 18.48 million [3] - 盈峰环境 saw a net inflow of 9.32 million from institutional investors, but a net outflow of 9.28 million from speculative funds [3] - 美埃科技 had a net inflow of 2.81 million from institutional investors and a net inflow of 2.06 million from speculative funds [3] - 碧兴物联 experienced a net inflow of 2.50 million from institutional investors, but a net outflow of 6.58 million from retail investors [3] - 龙源技术 had a net inflow of 1.17 million from institutional investors, while retail investors saw a net outflow of 6.98 million [3]

Market Overview - The environmental equipment sector rose by 0.07% on November 10, with *ST Jieneng leading the gains [1] - The Shanghai Composite Index closed at 4018.6, up 0.53%, while the Shenzhen Component Index closed at 13427.61, up 0.18% [1] Stock Performance - *ST Jieneng (000820) closed at 3.36, with a gain of 5.00% and a trading volume of 151,700 shares, amounting to a transaction value of 50.44 million yuan [1] - Qingda Environmental (688501) closed at 27.28, up 4.16%, with a trading volume of 19,500 shares and a transaction value of 52.61 million yuan [1] - Zhongcai Energy (603126) saw a 3.20% increase, closing at 7.75 with a trading volume of 256,300 shares [1] - Xuedilong (002658) closed at 9.73, up 3.18%, with a significant trading volume of 1.1343 million shares, resulting in a transaction value of 1.133 billion yuan [1] Fund Flow Analysis - The environmental equipment sector experienced a net outflow of 98.88 million yuan from institutional funds, while retail investors saw a net inflow of 128 million yuan [2] - The main funds showed varied net inflows and outflows across different stocks, with Longjing Environmental (600388) receiving a net inflow of 28.38 million yuan [3] - *ST Jieneng had a net inflow of 7.46 million yuan from main funds, despite a net outflow from retail investors [3]

New Stock Listings - Daming Electronics (603376) listed at an issue price of 12.55 on November 6, 2025[1] - Haixia Innovation (300300) and Jiangbolong (301308) reported severe abnormal fluctuations on November 4, 2025[1] - Several companies including Xiangnan Xinchuan (300475) and Lansi Heavy Industry (603169) also reported abnormal fluctuations in late October[1] Abnormal Fluctuations - ST Bosen (002569) reported a fluctuation of 5939 on November 5, 2025[2] - Hailu Heavy Industry (002255) experienced a fluctuation of 5812 on November 5, 2025[2] - ST Aowei (002231) had a fluctuation of 5668 on November 5, 2025[2] - Rongke Technology (300290) reported a fluctuation of 4706 on November 3, 2025[2] - ST Xiongmao (600599) had a fluctuation of 5001 on November 4, 2025[2]

Market Overview - The environmental equipment sector rose by 0.37% on November 6, with *ST Jieneng leading the gains [1] - The Shanghai Composite Index closed at 4007.76, up 0.97%, while the Shenzhen Component Index closed at 13452.42, up 1.73% [1] Stock Performance - Key stocks in the environmental equipment sector showed varied performance, with *ST Jieneng closing at 3.27, up 5.14%, and Hengying Environmental at 27.88, up 5.01% [1] - Other notable performers included Guolin Technology at 16.95, up 2.17%, and Zhongcai Energy at 7.49, up 1.49% [1] Trading Volume and Value - The trading volume for *ST Jieneng was 153,100 shares, with a transaction value of approximately 49.79 million yuan [1] - Hengying Environmental had a trading volume of 30,300 shares, with a transaction value of about 83.54 million yuan [1] Capital Flow - The environmental equipment sector saw a net inflow of 9.74 million yuan from institutional investors, while retail investors experienced a net outflow of 10.56 million yuan [2][3] - Major stocks like Guolin Technology and Meai Technology had significant capital movements, with Guolin Technology seeing a net outflow of 22.64 million yuan from institutional investors [3]

Core Viewpoint - The report highlights significant growth in China's waste resource recycling industry, with a notable increase in export value and market trends projected for 2025-2031 [1] Industry Summary - As of September 2025, the total export value of the waste resource recycling industry reached 1.13 billion, marking a year-on-year increase of 112.4% [1] - Cumulatively, from January to September 2025, the industry recorded an export value of 6.43 billion, reflecting a year-on-year growth of 48.1% [1] - The report is based on data from the National Bureau of Statistics and provides insights into the competitive landscape and industry trends [1] Company Summary - Listed companies in the waste resource recycling sector include: Greenme (002340), Huicheng Environmental (300779), Shenwu Energy Saving (000820), Farsen (000890), Yingfeng Environment (000967), Chuhuan Technology (001336), Longjing Environmental (600388), Fida Environmental (600526), Yutong Heavy Industry (600817), and Jingjin Equipment (603279) [1]