Company Overview - Company was established on November 26, 2002, and listed on the Shenzhen Stock Exchange on June 1, 2010, with its registered and office address in Chun'an County, Zhejiang Province [1] - It is a significant player in the refrigeration pipeline and new energy vehicle components sectors, possessing advantages in refrigeration pipeline technology and R&D of new energy vehicle components [1] - Main business includes R&D, production, and sales of refrigeration pipelines and accessories, core components of new energy vehicles, and financing leasing [1] Financial Performance - For Q3 2025, the company's revenue was 1.934 billion yuan, ranking 10th out of 34 in the industry, lower than the top two competitors, Sanhua Intelligent Controls (24.029 billion yuan) and Haier (16.489 billion yuan), but above the industry median of 1.329 billion yuan and below the average of 3.025 billion yuan [2] - Net profit for the same period was 8.1078 million yuan, ranking 32nd out of 34, significantly lower than the top two competitors, Sanhua Intelligent Controls (3.289 billion yuan) and Shield Environment (758 million yuan), and below both the industry average of 220 million yuan and median of 76.2174 million yuan [2] Financial Ratios - As of Q3 2025, the company's debt-to-asset ratio was 50.05%, an increase from 37.73% in the previous year and above the industry average of 41.84% [3] - The gross profit margin for Q3 2025 was 9.23%, an increase from 8.80% year-on-year, but still below the industry average of 18.50% [3] Executive Compensation - The chairman and general manager, Wang Yajun, received a salary of 1.7725 million yuan in 2024, a decrease of 276,700 yuan from 2023 [4] Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 3.01% to 90,300, while the average number of circulating A-shares held per account decreased by 2.92% to 12,600 [5]

Market Overview - The home appliance parts sector declined by 1.28% on October 31, with Kangsheng Co. leading the drop [1] - The Shanghai Composite Index closed at 3954.79, down 0.81%, while the Shenzhen Component Index closed at 13378.21, down 1.14% [1] Stock Performance - Notable gainers in the home appliance parts sector included: - Hongchang Technology (301008) with a closing price of 41.92, up 4.49% [1] - Zhucheng Technology (301280) at 54.92, up 4.47% [1] - Dingxing Update (603311) at 12.13, up 3.76% [1] - Major decliners included: - Kangxi Co. (002418) with a closing price of 4.75, down 8.48% [2] - Chunguang Technology (603657) at 32.85, down 3.30% [2] - Sanhua Intelligent Control (002050) at 49.93, down 2.52% [2] Trading Volume and Capital Flow - The home appliance parts sector experienced a net outflow of 1.233 billion yuan from institutional investors, while retail investors saw a net inflow of 942 million yuan [2] - The trading volume for the sector was significant, with Kangxi Co. recording a trading volume of 2.6518 million shares and a transaction value of 1.268 billion yuan [2] Capital Flow Analysis - Key stocks with significant capital flow included: - Huaxiang Co. (603112) with a net inflow of 45.8372 million yuan from institutional investors [3] - Zhucheng Technology (301280) with a net inflow of 21.4004 million yuan from institutional investors [3] - Longdi Group (603726) with a net inflow of 17.8122 million yuan from institutional investors [3]

Core Viewpoint - The stock price of Kangsheng Co., Ltd. has experienced an abnormal fluctuation, with a cumulative increase of 20.95% over two consecutive trading days (October 29 and 30) [1] Company Information - The company's board of directors conducted a self-examination and confirmed that there are no corrections or supplements needed for previously disclosed information [1] - There have been no significant changes in the company's operational situation or external environment [1] - The company, its controlling shareholders, and concerted parties have not engaged in any undisclosed significant matters or are in the planning stages of such matters [1] Stock Trading Activity - During the period of abnormal stock fluctuation, the controlling shareholders and concerted parties did not buy or sell the company's stock [1] - The board of directors confirmed that there are no undisclosed matters that should be disclosed [1] Information Disclosure - The company has designated its information disclosure media as "Securities Times," "China Securities Journal," and the Giant Tide Information Network [1] - The company reminds investors to invest rationally and pay attention to risks [1]

浙江康盛股份有限公司（以下简称"公司"或"本公司"）股票（证券简称： 康盛股份，证券代码：002418）交易价格连续两个交易日（10 月 29 日、10 月 30 日）收盘价格涨幅偏离值累计达到 20.95%。根据深圳证券交易所的有关规定， 属于股票交易异常波动的情况。 二、公司关注并核实的情况说明 针对公司股票交易异常波动，公司董事会通过自查及书面函询方式对公司、 控股股东及一致行动人就相关事项进行了核实，现就有关情况说明如下： 1.公司前期披露的信息不存在需要更正、补充之处； 证券代码：002418 证券简称：康盛股份 公告编号：2025-038 浙江康盛股份有限公司 股票交易异常波动公告 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。 一、股票交易异常波动的情况介绍 2.公司未发现近期公共传媒报道了可能或已经对本公司股票交易价格产生 较大影响的未公开重大信息； 3.公司近期经营情况及内外部经营环境未发生重大变化； 本公司董事会确认，本公司目前没有任何根据《深圳证券交易所股票上市规 则》等有关规定应予以披露而未披露的事项或与该事项有关的筹划、商谈、意向、 ...

Core Viewpoint - The power battery recycling sector has shown a positive performance, with a 0.53% increase, ranking seventh among concept sectors, indicating growing investor interest and potential opportunities in this area [1][2]. Group 1: Market Performance - As of October 30, the power battery recycling concept saw 37 stocks rise, with notable gainers including Xinwangda (up 10.14%), Tianqi Lithium (up 9.67%), and Fangyuan Co. (up 9.05%) [1]. - The sector experienced a net inflow of 1.92 billion yuan, with 43 stocks receiving net inflows, and 11 stocks exceeding 100 million yuan in net inflow [2]. Group 2: Key Stocks - Tianqi Lithium led the net inflow with 1.382 billion yuan, followed by Huayou Cobalt (410 million yuan), Ganfeng Lithium (387 million yuan), and Fulongma (377 million yuan) [2]. - The highest net inflow ratios were observed in Kangsheng Co. (29.02%), Yuanda Environmental Protection (22.44%), and Tianqi Lithium (14.14%) [3]. Group 3: Sector Comparison - The power battery recycling sector's performance contrasts with other sectors, such as the military equipment restructuring concept, which fell by 2.91%, and the optical packaging concept, which decreased by 2.87% [2].

Market Overview - The home appliance parts sector experienced a decline of 2.39% on October 30, with the leading stock, Shibi Dan, falling significantly [1][2] - The Shanghai Composite Index closed at 3986.9, down 0.73%, while the Shenzhen Component Index closed at 13532.13, down 1.16% [1] Stock Performance - Notable gainers included: - Kangsheng Co., Ltd. (002418) with a closing price of 5.19, up 9.96% and a trading volume of 2.15 million shares, totaling 1.096 billion yuan [1] - Other stocks showed mixed performance, with several experiencing slight declines [1][2] Capital Flow - The home appliance parts sector saw a net outflow of 1.309 billion yuan from institutional investors, while retail investors contributed a net inflow of 1.074 billion yuan [2][3] - The capital flow data indicates that retail investors were more active in the market compared to institutional investors [2][3] Individual Stock Capital Flow - Kangsheng Co., Ltd. (002418) had a net inflow of 349 million yuan from institutional investors, while it faced a net outflow of 174 million yuan from speculative funds [3] - Other stocks like Haili Co., Ltd. (600619) and XD Huaxiang (603112) also showed varied capital flows, with institutional and retail investors reacting differently [3]

Market Overview - The home appliance parts sector increased by 0.64% compared to the previous trading day, with Kangsheng Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 4016.33, up 0.7%, while the Shenzhen Component Index closed at 13691.38, up 1.95% [1] Stock Performance - Kangsheng Co., Ltd. (002418) saw a closing price of 4.72, with a significant increase of 10.02% and a trading volume of 429,000 shares, amounting to a transaction value of 202 million yuan [1] - Other notable performers included Shibizhi (920768) with a 5.22% increase, Hefei Gaoke (920718) with a 4.07% increase, and Dun'an Environment (002011) with a 3.26% increase [1] Capital Flow - The home appliance parts sector experienced a net outflow of 714 million yuan from institutional investors, while retail investors saw a net inflow of 670 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors are actively buying [2] Individual Stock Capital Flow - Kangsheng Co., Ltd. had a net inflow of 98.16 million yuan from institutional investors, while it faced a net outflow of 48.99 million yuan from speculative funds [3] - Dun'an Environment (002011) also showed a net inflow of 24.33 million yuan from institutional investors, indicating strong institutional interest [3]

Group 1 - The core viewpoint of the news is that institutional investors hold a significant portion of Kangsheng Co., Ltd.'s shares, with a total of 328 million shares, representing 28.83% of the company's total equity as of October 28, 2025 [1] - The proportion of institutional holdings increased by 0.20 percentage points compared to the previous quarter [1] - A total of 12 public funds were disclosed this period, including major ETFs related to home appliances [1] Group 2 - Two foreign funds, BARCLAYS BANK PLC and MORGAN STANLEY & CO. INTERNATIONAL PLC., reduced their holdings compared to the previous quarter [2] - Two new foreign institutions, UBS AG and Goldman Sachs LLC, disclosed their holdings this period [2]

Group 1 - The A-share market saw a collective rise in computing power concept stocks, with Kangsheng Co. hitting the daily limit, and Industrial Fulian approaching the limit as well [1] - The Central Committee of the Communist Party of China released suggestions for the 15th Five-Year Plan, emphasizing the need for advanced construction of new infrastructure, including information communication networks and integrated computing power networks [1] - Nvidia announced plans to ship 20 million Blackwell and Rubin graphics processors, projecting a business scale of $500 billion over the next six quarters [1] Group 2 - Kangsheng Co. experienced a price increase of 10.02%, with a total market value of 53.64 billion and a year-to-date increase of 93.44% [2] - Industrial Fulian's stock rose by 6.91%, with a market capitalization of 1,570.8 billion and a year-to-date increase of 275.12% [2] - Zhongdian Xinlong saw a 4.51% increase, with a market value of 26.806 billion and a year-to-date increase of 130.83% [2]

Core Viewpoint - Kangsheng Co., Ltd. reported a significant increase in revenue and net profit for the first three quarters of 2025, indicating strong financial performance and growth potential [1] Financial Performance - The company achieved an operating revenue of 1.934 billion yuan, representing a year-on-year increase of 12.43% [1] - The net profit attributable to shareholders reached 13.83 million yuan, showing a substantial year-on-year increase of 240.21% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 11.30 million yuan, which is a year-on-year increase of 179.75% [1] - Basic earnings per share were reported at 0.0122 yuan [1]