Group 1 - The core inquiry from investors pertains to whether the thermal runaway protection products for power batteries from the company's subsidiary meet the safety requirements outlined in the latest draft of the "Technical Conditions for the Safe Operation of Motor Vehicles" [2] - The company confirmed that its subsidiary, Shanghai Kete, produces thermal runaway protection products that are widely used in new energy power battery modules and PACKs, providing buffering, thermal insulation, and high-temperature insulation [2] - Major clients of the company's thermal runaway protection products include leading enterprises in the new energy battery sector [2]

Group 1 - The superconducting concept sector declined by 2.92%, ranking among the top declines in the concept sector, with major declines seen in companies like Guolai Detection, Bofei Electric, and Yongding Co., while only two stocks saw price increases, namely Zhongfu Industrial and Wandong Medical, which rose by 2.17% and 0.69% respectively [1][2] - The main funds in the superconducting concept sector experienced a net outflow of 1.942 billion yuan, with 23 stocks seeing net outflows, and five stocks having outflows exceeding 100 million yuan. Yongding Co. had the highest net outflow at 417 million yuan, followed by Xibu Superconductor, Wol Electric Material, and Antai Technology with net outflows of 333 million yuan, 294 million yuan, and 213 million yuan respectively [2][3] - The top stocks with net inflows in the superconducting concept sector included Zhongfu Industrial and Wandong Medical, with net inflows of 22.24 million yuan and 6.84 million yuan respectively [2][3] Group 2 - The top gainers in today's concept sectors included cell immunotherapy at 2.20%, combustible ice at 1.81%, and monkeypox concept at 1.57%, while the top decliners included cultivated diamonds at -4.21% and superconducting concept at -2.92% [2] - The outflow ranking for the superconducting concept included Yongding Co. at -6.39%, Xibu Superconductor at -4.59%, and Wol Electric Material at -4.57%, indicating significant selling pressure on these stocks [3]

Group 1 - The company expects to have over 20 imported foam core extrusion machines operational by the end of this year [1] - Currently, the company has 7 foam core extrusion machines, and they are assessing production capacity based on market demand [1] - The demand for high-speed communication is increasing, leading to an expanding market space for the company's products [1]

Core Insights - The company will have over twenty imported foam core line extruders by the end of this year [1] - The demand for high-speed communication is increasing, leading to an expanding market space [1] - The company plans to match production capacity according to customer needs [1]

Core Viewpoint - The stock of Walden Materials has experienced fluctuations, with a recent decline of 2.90% and a total market capitalization of 32.909 billion yuan, reflecting mixed investor sentiment and trading activity [1]. Company Overview - Walden Materials, established on June 19, 1998, and listed on April 20, 2007, is located in Shenzhen, Guangdong Province. The company specializes in the research, development, manufacturing, and sales of polymer nuclear radiation modified new materials and a series of electronic, power, and wire products [2]. - The company's revenue composition includes: electronic materials (33.79%), communication cables (31.58%), new energy vehicle products (18.06%), power products (12.34%), others (2.22%), and wind power generation (2.02%) [2]. - Walden Materials operates in the electronic industry, specifically under the categories of other electronics and related concepts such as high-speed connectors, consumer electronics, robotics, Huawei concepts, and fast charging [2]. Financial Performance - For the period from January to September 2025, Walden Materials achieved a revenue of 6.082 billion yuan, representing a year-on-year growth of 26.17%. The net profit attributable to shareholders was 822 million yuan, with a year-on-year increase of 25.45% [2]. - The company has distributed a total of 779 million yuan in dividends since its A-share listing, with 433 million yuan distributed over the past three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders of Walden Materials reached 203,300, an increase of 2.43% from the previous period. The average circulating shares per person decreased by 2.37% to 5,628 shares [2]. - The largest circulating shareholder is Hong Kong Central Clearing Limited, holding 60.8337 million shares as a new shareholder. The sixth-largest shareholder is the Southern CSI 500 ETF, holding 14.6809 million shares, which decreased by 287,700 shares compared to the previous period [3].

Core Viewpoint - The company,沃尔核材, expresses optimism about its future performance due to the increasing demand for high-speed communication lines, which possess several competitive advantages [1] Group 1: Company Performance - The company highlights the excellent high-frequency performance, bend resistance, low cost, high reliability, and complete industrial chain support of its high-speed communication lines [1] - Future performance expectations are positive as the market for high-speed communication continues to expand with technological advancements and application growth [1] Group 2: Market Outlook - The demand for high-speed communication is expected to increase, leading to a broader market space for the company [1] - The company plans to reasonably match production capacity according to customer needs [1]

Group 1 - The company is actively advancing the development of samples for the next-generation 448G single-channel high-speed line [1]

Group 1 - The company is actively monitoring the price fluctuations of copper and other raw materials, as copper is a primary raw material for most of its products [2] - The pricing of the company's products will adjust reasonably based on copper prices [2] - The company is taking proactive measures such as order-based procurement and raw material reserves to mitigate the impact of raw material price fluctuations [2]

Core Viewpoint - The company is actively advancing the development of the next-generation 448G single-channel high-speed cable samples [2] Group 1 - The company has announced its efforts in developing a new high-speed cable technology [2]

Core Viewpoint - The company is actively advancing the development of the next-generation 448G single-channel high-speed line samples [1] Group 1 - Investors inquired about the progress of the 448G high-speed line testing [1] - The company responded positively regarding the ongoing development efforts [1]