Core Viewpoint - The recent trend of listed companies in A-shares engaging in stock trading has raised significant market attention, with companies like Liou Co. planning to invest up to 3 billion yuan of their own funds in securities, highlighting a growing enthusiasm for stock trading among listed firms [1] Group 1: Investment Strategy - Listed companies are advised to approach stock trading as a double-edged sword, where moderate investment based on value can enhance company performance, but reliance on stock trading as a shortcut for performance is cautioned against [1][2] - The investment amount in the securities market should align with the company's size, and excessive investment can lead to significant risks, especially for companies with lower revenue and profit levels [1][2] - Historical cases, such as Yunnan Baiyao, demonstrate that heavy stock trading can lead to substantial fluctuations in performance and negatively impact market valuation, prompting some companies to withdraw from secondary market investments entirely [1] Group 2: Risk Management - The uncertainty and uncontrollability of investment returns make it crucial for listed companies to prioritize shareholder interests and maintain a conservative approach to high-risk securities investments [2][3] - Companies should primarily allocate idle funds to safer, more liquid short-term financial products or structured deposits, rather than high-risk investments [2] - Cash assets are valuable, and companies are encouraged to utilize them effectively, with share buybacks and cash dividends being more immediate ways to enhance investment value [2] Group 3: Core Business Focus - The primary task of listed companies is to manage their core business effectively, with appropriate securities investment serving as a beneficial supplement rather than a decisive factor in operational success [3][4] - Implementing robust risk control measures during securities investment is essential, and avoiding speculative behavior is critical [3]

Group 1 - The stock market is booming, with the Shanghai Composite Index reaching 3600 points and an annual increase of 8.45%, prompting listed companies to invest idle funds in the securities market [3][14] - Liou Co., Ltd. plans to invest up to 3 billion yuan of its own funds in the stock market, utilizing various investment methods including new stock subscriptions, stock and bond investments, and entrusted wealth management [4][14] - As of August 11, 2025, Liou Co., Ltd.'s stock price was 4.02 yuan, with a daily trading volume of 9,792,498 shares and a transaction value of 3.907 billion yuan [6] Group 2 - Liou Co., Ltd. has a history of successful investments, notably in Li Auto, where it initially invested 350 million yuan and later increased its stake, resulting in a paper profit exceeding 10 billion yuan [10][12][13] - Despite the overall profitability of many companies, 29 companies have reported a year-on-year decline in net profit for 2024, with some still planning significant investments in the stock market [16] - Notably, several companies from traditional manufacturing sectors are actively participating in stock investments, with 57 companies announcing plans to use idle funds for securities investment this year [14][15]

Core Viewpoint - The announcement by Liao Co., Ltd. regarding the approval to invest up to 3 billion RMB in securities reflects an increasing market attractiveness and a gradual recovery of confidence among institutional and individual investors [1][2]. Group 1: Investment Principles - The company emphasizes the "main business first" principle, ensuring that funds are primarily allocated to core business needs to maintain long-term development [1][2]. - Building a professional investment team is crucial for successful investment decisions, as the complexity of the securities market requires high levels of expertise [2][3]. - Public companies must adhere strictly to legal boundaries during investment decisions to avoid regulatory penalties and protect shareholder interests [2][3]. Group 2: Risk Management - A balanced approach to risk and return is necessary, involving the establishment of a scientific risk-return assessment system and setting reasonable investment proportions based on risk tolerance [2][3]. - Companies should focus on long-term and value investment principles, avoiding speculative behaviors that could lead to unnecessary market volatility [3]. Group 3: Market Impact - The participation of listed companies in securities investment not only indicates enhanced market attractiveness but also injects vitality into the market, contributing to its stable development [3].

Core Viewpoint - The surge in the Shanghai Composite Index from around 3000 points in April to over 3600 points has led to a noticeable increase in the enthusiasm of listed companies for stock trading, with 57 companies announcing plans to use idle funds for securities investment [1] Group 1: Company Investment Trends - 57 listed companies have announced plans to use their idle funds for securities investment this year [1] - Companies such as Liou Co., Fangda Carbon, Seven Wolves, Tapa Group, Lianfa Co., Xiantan Co., and Zhejiang Yongqiang plan to invest over 1 billion yuan in securities [1] - Liou Co. leads with a proposed investment of 3 billion yuan, while Fangda Carbon and Seven Wolves plan to invest over 2 billion yuan each [1] Group 2: Company Profitability - Most companies engaging in stock trading are from traditional manufacturing sectors such as electric equipment, construction decoration, and steel [1] - Out of the 57 companies, 52 are expected to be profitable in 2024 [1] - The five companies projected to incur losses in 2024 include Buchang Pharma, Haixiang Pharma, Liou Co., Zhongke Jincai, and Baibang Technology [1] Group 3: Notable Losses - Buchang Pharma and Haixiang Pharma are expected to incur significant losses of 550 million yuan and 330 million yuan respectively in 2024, yet they still plan to allocate 30 million yuan and 70 million yuan for securities investment [1]

Core Viewpoint - The article discusses the increasing trend of listed companies in China engaging in stock market investments, with many companies announcing plans to use significant amounts of idle funds for securities investment amid a bullish market. [3][4] Group 1: Company Actions - Liou Co., Ltd. announced plans to invest up to 3 billion yuan in securities, while Heshun Petroleum plans to invest up to 200 million yuan. [3] - In July, Yiduoli and Delian Group also announced plans to invest 30 million and 60 million yuan, respectively, in securities. [3] - Nearly 60 listed companies have announced intentions to use idle funds for securities investment this year. [4] Group 2: Market Performance - The Shanghai Composite Index has risen from around 3,000 points in April to over 3,600 points, leading to increased enthusiasm for stock trading among listed companies. [4] - A total of 57 listed companies have announced plans to use idle funds for securities investment this year, with several companies planning to invest over 1 billion yuan. [4] Group 3: Financial Performance - Most companies engaging in stock trading are from traditional manufacturing sectors, with 52 out of 57 companies expected to be profitable in 2024. [5] - However, 29 companies are projected to see a year-on-year decline in net profit for 2024, including major investors like Fangda Carbon and Seven Wolves, which expect declines of 55.3% and 27.5%, respectively. [7] Group 4: Investment Outcomes - Liou Co., Ltd. gained significant returns from its investment in Li Auto, with a peak profit of over 10 billion yuan from its initial investment of 4.5 billion yuan. [8] - Seven Wolves reported non-operating gains from securities investments of 236 million yuan in 2024, which helped offset a decline in its main business revenue. [8] - Conversely, Fangda Carbon has faced substantial losses from its stock investments, with a total loss exceeding 70 million yuan over the past three years. [10][11]

Core Viewpoint - The A-share market has seen a surge in activity, with nearly 60 listed companies announcing plans to use idle funds for securities investment this year, driven by significant market gains and a strong profit-making effect [1][2]. Group 1: Company Actions - Liou Co. plans to invest up to 3 billion yuan in securities, including new stock subscriptions, stock and bond investments, and entrusted financial management [1]. - He Shun Petroleum announced a plan to invest up to 200 million yuan in idle funds for securities investment [1]. - Other companies like Yiduoli and Delian Group also announced plans to invest 30 million and 60 million yuan, respectively, in securities [1]. Group 2: Market Performance - The Shanghai Composite Index has risen 8.45% this year, encouraging companies to invest idle funds in the securities market [1]. - A total of 57 listed companies have announced plans to use idle funds for securities investment this year, with several companies planning to invest over 1 billion yuan [2]. Group 3: Financial Performance - Among the 57 companies, 52 are expected to be profitable in 2024, while 5 companies, including Liou Co. and Baichang Pharmaceutical, are projected to incur losses [2][3]. - Liou Co. reported a loss in 2024 due to changes in the fair value of previously invested stocks, but it still expects to achieve a profit of 160 million yuan after excluding non-recurring losses [3]. Group 4: Investment Outcomes - Liou Co. previously gained significant profits from its investment in Li Auto, with a peak profit of 4.772 billion yuan in 2020, largely due to stock sales [4]. - Seven Wolves reported substantial non-recurring gains from securities investments, which helped offset declines in its main business revenue [5][6]. - Conversely, Fangda Carbon faced significant losses from its securities investments, with a total loss exceeding 70 million yuan over three years [7][8].

通过天眼查大数据分析，利欧集团股份有限公司共对外投资了43家企业，参与招投标项目189次，知识 产权方面有商标信息269条，专利信息69条，此外企业还拥有行政许可16个。 来源：金融界 利欧股份最新一期业绩显示，截至2025一季报，公司营业总收入47.59亿元、同比减少1.69%，归属净利 润1.08亿元，同比增长145.39%，扣非净利润4076.24万元，同比增长1.23%，流动比率2.235、速动比率 2.107、资产负债率40.99%。 天眼查商业履历信息显示，利欧集团股份有限公司，成立于2001年，位于台州市，是一家以从事商务服 务业为主的企业。企业注册资本675480.4205万人民币，实缴资本675480.4205万人民币。公司法定代表 人为王相荣。 金融界消息 截至2025年8月11日收盘，利欧股份（002131）报收于4.02元，上涨5.24%，换手率 16.74%，成交量979.25万手，成交金额39.07亿元。 资金流向方面，今日主力资金净流入5.23亿元，占比成交额13.38%。其中，超大单净流入5.15亿元、占 成交额13.18%，大单净流入786.28万元、占成交额0.2%，中单净 ...

Core Viewpoint - The announcement by Liao Co., Ltd. to invest up to 3 billion RMB in securities reflects the increasing attractiveness of the market and the recovering confidence of institutional and individual investors [1] Group 1: Investment Principles - The principle of "main business first" must be adhered to, ensuring that resources prioritize the needs of the main business to support long-term development [1] - Building a professional investment team is crucial for successful investment, as the complexity of the securities market requires high levels of expertise [2] - Public companies must strictly adhere to legal boundaries in their investment decisions to avoid regulatory penalties and protect shareholder interests [2] Group 2: Risk Management and Investment Strategy - Balancing risk and return requires a multi-dimensional approach, including a scientific risk-return assessment system and setting reasonable investment ratios based on risk tolerance [2] - Public companies should exemplify long-term and value investment principles, focusing on high-quality targets with long-term growth potential to mitigate short-term speculative risks [3] - Companies must avoid herd mentality and short-sighted trading behaviors to prevent unnecessary market volatility [3] Group 3: Market Impact - The participation of listed companies in securities investment not only demonstrates the enhanced market appeal but also injects vitality into the market [3] - Prudent decision-making, professional management, and compliance with regulations are essential for maximizing the interests of the company and its shareholders while contributing to the stable development of the capital market [3]

Core Viewpoint - Liou Co., Ltd. has announced the approval of a securities investment plan using its own funds, with a maximum limit of 3 billion RMB, to enhance capital efficiency and increase investment returns for the company and its shareholders [1][2]. Group 1: Securities Investment Plan - The board of directors approved the use of up to 3 billion RMB of self-owned funds for securities investment, which includes various investment methods such as new stock placements, stock and bond investments, and entrusted financial management [1][2]. - The authorization is valid for 12 months from the date of approval and does not require shareholder meeting approval [1]. Group 2: Financial Performance - The company reported a normal operating condition and good financial status, indicating that the use of idle funds for securities investment aims to maximize the effectiveness of these funds [2]. - The half-year performance forecast for 2025 estimates a net profit attributable to shareholders of between 350 million RMB and 450 million RMB, with a net profit excluding non-recurring gains and losses expected to be between 130 million RMB and 180 million RMB [2]. Group 3: Historical Financial Data - Revenue from 2021 to 2024 was reported as follows: 202.81 billion RMB, 202.68 billion RMB, 204.71 billion RMB, and 211.71 billion RMB respectively [3]. - The net profit attributable to shareholders showed fluctuations, with figures of -1.012 billion RMB in 2021, -441 million RMB in 2022, 196.6 million RMB in 2023, and -259 million RMB in 2024 [3][4]. - The net cash flow from operating activities also varied, with negative values reported for each year from 2021 to 2024 [3][4]. Group 4: Corporate Governance Issues - The company faced regulatory scrutiny due to short-term trading by a relative of its directors, which violated stock trading regulations [5][6]. - The trading activities involved buying and selling shares within a six-month period, resulting in a loss of approximately 123,500 RMB for the relative [5].

Core Viewpoint - Liao Co. and Heshun Petroleum announced plans to invest their own funds in the stock market, signaling a potential bullish trend in the market [1] Group 1: Company Actions - Liao Co. plans to invest up to 3 billion yuan in securities [1] - Heshun Petroleum intends to invest up to 200 million yuan in securities [1] - This marks a shift from the previous trend where A-share companies primarily used their funds for low-risk financial products [1] Group 2: Market Reactions - Market participants speculate that such investment amounts could indicate a slow but steady bull market [1] - Some investors question why these companies are choosing to invest in stocks instead of repurchasing their own shares [1]