Core Viewpoint - The A-share market in Shenzhen has seen a collective surge in local stocks, driven by the announcement of a new action plan aimed at promoting high-quality mergers and acquisitions in the city from 2025 to 2027 [1] Group 1: Market Performance - Shenzhen local stocks experienced significant gains, with notable performers including: - JianKexuan (建科院) hitting a 20% limit up - ShenShuiGuiYuan (深水规院) rising over 13% - Other stocks such as GuangTian Group (广田集团), TeFa Information (特发信息), and ShenSaiGe (深赛格) also reaching 10% limit up [1] - The action plan aims for the total market capitalization of domestic and foreign listed companies to exceed 20 trillion yuan by the end of 2027, with a goal of nurturing 20 companies with a market value of over 100 billion yuan [1] Group 2: Stock Data Summary - Key stock performance data includes: - JianKexuan (建科院): 20.02% increase, market cap of 3.042 billion yuan, year-to-date increase of 28.74% [2] - ShenShuiGuiYuan (深水规院): 13.68% increase, market cap of 6.971 billion yuan, year-to-date increase of 116.85% [2] - GuangTian Group (广田集团): 10.05% increase, market cap of 7.802 billion yuan, year-to-date decrease of 3.70% [2] - ShenSaiGe (深赛格): 10.04% increase, market cap of 13.8 billion yuan, year-to-date increase of 39.40% [2] - Other notable stocks include: - ShenWuYuan A (深物业A): 10.03% increase, market cap of 6.735 billion yuan, year-to-date increase of 29.29% [2] - ShenLiHeKeChuang (力合科创): 9.97% increase, market cap of 12 billion yuan, year-to-date increase of 24.29% [2]

Core Viewpoint - Shenzhen's state-owned enterprise reform sector experienced significant stock price increases following the release of the "Shenzhen Action Plan for Promoting High-Quality Development of Mergers and Acquisitions (2025-2027)" [1] Group 1: Market Performance - On October 23, stocks such as JianKexuan surged by 20%, Shenzhen Water Planning Institute rose nearly 13%, and several other companies including Guangtian Group, TeFa Information, Shenzhen Saige, and Shenzhen Property A reached their daily limit [1] - The stock price changes for notable companies include: - JianKexuan: +20.02% at 20.74 - Shenzhen Water Planning Institute: +12.88% at 31.03 - Guangtian Group: +10.05% at 2.08 - TeFa Information: +10.04% at 10.41 - Shenzhen Saige: +10.04% at 11.18 - Shenzhen Property A: +10.03% at 11.30 [2] Group 2: Policy Implications - The action plan aims for a comprehensive improvement in the quality of listed companies by the end of 2027, targeting a total market capitalization of over 20 trillion yuan for domestic and foreign listed companies [1] - The plan includes the completion of over 200 merger projects with a total transaction value exceeding 100 billion yuan, along with the establishment of exemplary industry cases [1] - It emphasizes the creation of a merger fund matrix to cultivate outstanding merger fund managers, aiming to mobilize social capital to form a trillion-level "20+8" industrial fund cluster [1]

Core Insights - Shenzhen local stocks opened significantly higher, with companies such as Deep Siger, Guangtian Group, Deep Property A, Lihua Science and Technology, Deep Textile A, and Deep Zhenye A hitting the daily limit up [1] Group 1: Policy Initiatives - Shenzhen has issued a notice regarding the "Shenzhen City Action Plan for Promoting High-Quality Development of Mergers and Acquisitions (2025-2027)" [1] - The plan aims for the total market capitalization of domestic and foreign listed companies to exceed 20 trillion yuan by the end of 2027 [1] - The initiative also targets the cultivation of 20 enterprises with a market value of over 100 billion yuan [1]

Core Points - The shareholder, Lihe Science and Technology Group Co., Ltd., holding 12.88% of the shares, plans to reduce its holdings due to operational development needs [1] - The planned reduction period is from November 13, 2025, to February 12, 2026 [1] - The total shares to be reduced amount to a maximum of 4.36 million shares, which is 3% of the company's total share capital [1] - The reduction will occur through centralized bidding for up to 1.45 million shares (1%) and block trading for up to 2.91 million shares (2%) [1] - The shares to be reduced are sourced from those acquired before the IPO and from capital reserve conversion [1]

Core Viewpoint - The major shareholder of Lihe Micro (688589), Lihe Science and Technology Group Co., Ltd. (002243), plans to reduce its stake by up to 4.3598 million shares, representing no more than 3% of the company's total share capital [1] Summary by Category - **Shareholder Action** - Lihe Science and Technology Group intends to reduce its holdings through centralized bidding and block trading [1] - The reduction will involve a maximum of 4.3598 million shares [1] - **Ownership Structure** - Lihe Science and Technology Group currently holds 12.88% of Lihe Micro's shares [1]

力合微(688589.SH)发布公告，公司股东力合科创（002243）因经营发展需要，拟通过上海证券交易所 交易系统以集中竞价、大宗交易方式减持公司股份合计不超过435.98万股(即不超过公司总股本的3%)。 ...

力合微公告称，持股5%以上股东力合科创集团有限公司持有公司股份1872万股，占总股本12.88%，因 经营发展需要，拟于2025年11月13日至2026年2月12日，通过集中竞价、大宗交易方式减持不超435.98 万股，即不超总股本的3%。其中，集中竞价减持不超145.33万股，大宗交易减持不超290.66万股。本次 减持计划实施不会导致公司无控股股东、实际控制人的情况发生变化。 ...

证券之星消息，10月20日专业服务板块较上一交易日上涨0.11%，力合科创领涨。当日上证指数报收于 3863.89，上涨0.63%。深证成指报收于12813.21，上涨0.98%。专业服务板块个股涨跌见下表： 从资金流向上来看，当日专业服务板块主力资金净流出1.57亿元，游资资金净流入2470.06万元，散户资 金净流入1.32亿元。专业服务板块个股资金流向见下表： | 代码 | 名称 | 主力净流入(元) | | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 600662 | 外服控股 | | > 855.99万 | 17.11% | 201.78万 | 4.03% | -1057.77万 | -21.14% | | 002967 | 广电计量 | | 814.84万 | 3.61% | -590.66万 | -2.61% | -224.19万 | -0.99% | | 300938 信测标准 | | | 334.42万 | 1.57% | 7 ...

Core Insights - On October 16, no A-share listed companies disclosed any increase in shareholding, while 19 companies announced share reductions [1] Summary by Category Share Reduction Details - Debon Technology: The largest shareholder, the National Big Fund, reduced holdings by 1.5173 million shares [2] - Donghua Software: The director and general manager, Mu Bo, plans to reduce holdings by no more than 1.5192 million shares [2] - Yinlong Co., Ltd.: Proposed to reduce no more than 1.96% of the company's shares [2] - Action Education: Shareholders Shanghai Yundun and Shanghai Lanxiao plan to reduce no more than 1.9% of total share capital [2] - Jinchuan Group: China Railway plans to reduce no more than 3% of the company's shares [2] - YTO Express: Hangzhou Haoyue intends to transfer no more than 2% of the company's shares through block trading [2] - Jingda Co., Ltd.: The actual controller, Li Guangrong, plans to reduce no more than 3% of shares [2] - Demai Chemical: Chang Lianrong Investment reduced holdings by 5.6402 million shares from September 16 to October 16 [2] - Tongfu Microelectronics: The largest shareholder, Huada Group, plans to reduce no more than 1% of shares [2] - Canxin Co., Ltd.: Shareholders plan to reduce no more than 2.71% of the company's shares [2] - Legend Capital: Lihua Science and Technology plans to reduce no more than 3% of the company's shares [2] - Hangxin Technology: The original controlling shareholder plans to reduce no more than 0.98% of shares [2] - Taijia Co., Ltd.: Zhonglian Heavy Industry plans to reduce no more than 3% of the company's shares [2] - Shunbo Alloy: Shareholders plan to reduce no more than 2.08% of total share capital [2] - Shaolong Co., Ltd.: Shareholder Shenzhen Zhaowei plans to reduce no more than 3% of the company's shares [2] - Jingcheng Machinery: Directors and executives plan to reduce no more than 0.21% of total share capital [2] - Zhongdian Port: Shareholders plan to reduce no more than 1% of the company's shares [2] - Hongqi Chain: Yonghui Supermarket completed its reduction plan, cumulatively reducing 1% of total share capital [2] - Xiaoming Co., Ltd.: Shareholders plan to reduce no more than 2.97% of the company's shares [2]

华金资本（000532）(000532.SZ)公告，公司股东力合科创（002243）集团有限公司(简称"力合科创")计 划自2025年11月7日至2026年2月4日止以集中竞价和大宗交易方式拟合计减持公司股份不超过1034.12万 股(约占公司总股本比例3%)。 ...