四川双马10月15日在互动平台表示，公司不涉及对稀土产业的投资。 ...

Core Viewpoint - Sichuan Shuangma (000935) has clarified that the company is not involved in any investments related to the rare earth industry [1] Company Summary - On October 15, Sichuan Shuangma stated on an interactive platform that it does not engage in investments in the rare earth sector [1]

格隆汇10月15日丨四川双马(000935.SZ)在互动平台表示，公司不涉及对稀土产业的投资。 ...

证券之星消息，10月13日多元金融板块较上一交易日下跌0.62%，四川双马领跌。当日上证指数报收于 3889.5，下跌0.19%。深证成指报收于13231.47，下跌0.93%。多元金融板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 603300 | 海南华铁 | 8.15 | 3.95% | 461.06万 | 34.29 Z | | 000987 | 越秀资本 | 8.17 | 2.90% | 99.07万 | 8.10亿 | | 000958 | 电投产融 | 6.53 | 0.77% | 34.97万 | 2.26亿 | | 002961 | 瑞达期货 | 21.06 | 0.05% | - 4.64万 | 9614.01万 | | 600901 | 江苏金租 | 5.64 | 0.00% | 39.85万 | 2.23亿 | | 000617 | 中油资本 | 11.03 | -0.63% | 191.01万 | 20.88亿 | | 600927 | 永安期货 ...

Core Viewpoint - Sichuan Shuangma (000935.SZ) has announced its participation in a fund that invests in the GPU chip industry, with further details to be confirmed through public information [1] Group 1 - The company is involved in investments related to the GPU chip sector [1]

Group 1 - The core transaction involved Sichuan Shuangma, with a total of 120,000 shares traded on October 9, resulting in a transaction amount of 2.3652 million yuan, which accounted for 0.71% of the total trading volume for that day [1][2] - The transaction price was 19.71 yuan per share, representing an 11.54% discount compared to the market closing price of 22.28 yuan [1][2]

Core Insights - Sichuan Shuangma's stock increased by 5.09% to 22.51 CNY per share, with a trading volume of 206 million CNY and a turnover rate of 1.24%, resulting in a total market capitalization of 17.185 billion CNY [1] Company Overview - Sichuan Shuangma Co., Ltd. was established on October 20, 1998, and listed on August 24, 1999. The company is located in Chengdu, Sichuan Province, and operates primarily in the building materials industry and private equity fund investment management [1] - The revenue composition of Sichuan Shuangma includes: 33.36% from private equity fund management, 32.46% from cement, 23.08% from biomedicine, and 11.10% from aggregates [1] Fund Holdings - According to data, one fund under GF Fund has a significant holding in Sichuan Shuangma. The GF CSI Building Materials Index A Fund (004856) held 658,800 shares in the second quarter, accounting for 2.28% of the fund's net value, ranking as the tenth largest holding [2] - The GF CSI Building Materials Index A Fund was established on August 2, 2017, with a current size of 261 million CNY. Year-to-date returns are 5.32%, with a one-year return of 1.72%, and a cumulative loss of 5.93% since inception [2] Fund Manager Profile - The fund manager of GF CSI Building Materials Index A Fund is Lu Zhiming, who has a cumulative tenure of 14 years and 133 days. The total asset size under management is 24.629 billion CNY, with the best fund return during his tenure being 119.61% and the worst being -63.28% [3]

Group 1: Strategy Overview - The report emphasizes a transition towards a bull market, driven by recovering demand for physical assets amidst supply constraints, particularly in the copper market [3][9][12] - Recent disruptions in copper supply, notably from the Grasberg mine, are expected to create price elasticity for future manufacturing demand recovery [9][12] - The report highlights a shift from a focus on financial assets to physical assets, indicating a potential new cycle for resource commodities [4][12] Group 2: Key Companies and Industries - **Engineering Machinery: Hengli Hydraulic (601100.SH)** is positioned for growth due to increased overseas demand and domestic infrastructure projects, with a favorable outlook for its core business [14] - **Non-Banking Financial: Sichuan Shuangma (000935.SZ)** is transitioning to an innovative drug CDMO model, with significant growth potential from its investment projects and pharmaceutical capacity expansion [15][16] - **Food and Beverage: Angel Yeast (600298.SH)** is expected to benefit from overseas expansion and improved domestic demand, with a favorable cost environment [17] - **Transportation: Juneyao Airlines (603885.SH)** is set to gain from industry supply-demand improvements and reduced interest expenses, with positive short-term catalysts from seasonal demand [18] - **Retail: Gu Ming (1364.HK)** is leveraging a unique store expansion strategy in the competitive milk tea market, with significant growth potential in coffee products [19] - **Media and Internet: Tencent Holdings (0700.HK)** is integrating AI across its ecosystem, enhancing its competitive edge and driving growth through high-margin businesses [20][21] - **Electronics: Lante Optics (688127.SH)** is experiencing strong demand in various sectors, with supply constraints on production equipment [22] - **Computing: Hikvision (002415.SZ)** is seeing a recovery in operating quality and profitability, with a focus on AI-driven products [23] - **Pharmaceuticals: Innovent Biologics (9969.HK)** is a leader in hematology and autoimmune therapies, with significant growth potential from its core products [24] - **Defense and Military: Guobo Electronics (688375.SH)** is positioned to benefit from growth in military and satellite internet sectors, with a strong market outlook [25]

Core Viewpoint - Sichuan Shuangma's stock price has shown significant growth this year, with a year-to-date increase of 49.17%, indicating strong market performance and investor interest [1][2]. Financial Performance - For the first half of 2025, Sichuan Shuangma reported revenue of 629 million yuan, representing a year-on-year growth of 30.42% [2]. - The net profit attributable to shareholders for the same period was 129 million yuan, reflecting a year-on-year increase of 13.42% [2]. Stock Market Activity - As of September 25, Sichuan Shuangma's stock price was 21.60 yuan per share, with a market capitalization of 16.49 billion yuan [1]. - The stock experienced a decline of 2.04% on September 25, with a trading volume of approximately 75.28 million yuan and a turnover rate of 0.45% [1]. - The stock has seen a net outflow of 9.75 million yuan in principal funds, with significant selling pressure from large orders [1]. Shareholder Information - As of June 30, 2025, the number of shareholders increased to 30,900, with an average of 24,706 circulating shares per shareholder, a slight decrease of 0.72% [2][3]. - The company has distributed a total of 931 million yuan in dividends since its A-share listing, with 259 million yuan distributed in the last three years [3]. Business Segments - Sichuan Shuangma's main business segments include private equity fund management (33.36%), cement production (32.46%), biomedicine (23.08%), and aggregates (11.10%) [1]. - The company operates within the non-banking financial sector, specifically in diversified finance and asset management [1]. Institutional Holdings - As of June 30, 2025, Hong Kong Central Clearing Limited was the ninth largest circulating shareholder, holding 3.6282 million shares, a decrease of 326,100 shares from the previous period [3].

Market Overview - The diversified financial sector experienced a decline of 1.56% on September 24, with Lakala leading the drop [1] - The Shanghai Composite Index closed at 3853.64, up 0.83%, while the Shenzhen Component Index closed at 13356.14, up 1.8% [1] Stock Performance - Notable gainers in the diversified financial sector included Sichuan Shuangma, which rose by 4.65% to a closing price of 22.05, and Yalian Development, which increased by 4.52% to 5.32 [1] - Lakala, on the other hand, saw a decrease of 2.05%, closing at 23.93, with a trading volume of 483,300 shares and a transaction value of 1.156 billion [2] Capital Flow - The diversified financial sector saw a net outflow of 118 million from institutional investors, while retail investors contributed a net inflow of 191 million [2][3] - Among individual stocks, Zhongliang Capital had a net inflow of 60.1 million from institutional investors, while it experienced a net outflow of 34.3 million from retail investors [3]