Core Viewpoint - Mingpai Jewelry has experienced a continuous decline in the number of shareholders, indicating potential challenges in investor confidence and market performance [2] Shareholder Information - As of November 20, the number of shareholders for Mingpai Jewelry was 28,500, a decrease of 1,600 from the previous period (November 10), representing a decline of 5.32% [2] - This marks the tenth consecutive period of decline in the number of shareholders [2] Stock Performance - The latest stock price for Mingpai Jewelry is 6.47 yuan, reflecting an increase of 10.03%, with an accumulated increase of 8.92% since the concentration of shares began [2] - The stock has experienced five days of increases and four days of decreases, including one instance of hitting the daily limit [2] Financing and Margin Data - As of November 21, the margin trading balance for the stock was 117 million yuan, with the financing balance also at 117 million yuan [2] - Since the concentration of shares began, the financing balance has decreased by 7.8974 million yuan, a decline of 6.31% [2] Financial Performance - According to the third-quarter report, Mingpai Jewelry achieved a total operating revenue of 2.62 billion yuan, a year-on-year decrease of 25.37% [2] - The company reported a net profit of -107 million yuan, a significant year-on-year decline of 1502.07% [2] - The basic earnings per share were -0.2000 yuan [2]

Core Viewpoint - The A-share market shows mixed performance with the Shanghai Composite Index at 3842.22 points, slightly below the five-day moving average, indicating a modest increase of 0.19% [1] Group 1: Market Overview - The total trading volume of A-shares reached 13759.48 billion yuan [1] - A total of 725 A-shares have surpassed the five-day moving average today [1] Group 2: Stocks with Significant Deviation - The stocks with the largest deviation from the five-day moving average include: - Jin Cheng Zi (金橙子) with a deviation rate of 13.07%, closing at 34.84 yuan after a 20.01% increase [1] - Zhao Biao Gu Fen (招标股份) with a deviation rate of 12.88%, closing at 16.32 yuan after a 20.00% increase [1] - Hang Tian Huan Yu (航天环宇) with a deviation rate of 11.54%, closing at 29.77 yuan after a 19.99% increase [1] Group 3: Other Notable Stocks - Other notable stocks with significant performance include: - Tie Tuo Ji Xie (铁拓机械) with a 13.21% increase and a deviation rate of 10.44% [1] - Zhuo Yi Xin Xi (卓易信息) with a 14.59% increase and a deviation rate of 10.37% [1] - He Xing Bao Zhang (合兴包装) with a 9.93% increase and a deviation rate of 8.00% [1]

| 证券代 | 证券简 | 今日涨跌幅 | 今日换手率 | 半年线 | 最新价 | 乖离率 | | --- | --- | --- | --- | --- | --- | --- | | 码 | 称 | （%） | （%） | （元） | （元） | （%） | | 920227 | 美登科 技 | 14.72 | 23.35 | 66.58 | 74.80 | 12.35 | | | 君亭酒 | | | | | | | 301073 | 店 | 13.79 | 8.10 | 23.23 | 26.07 | 12.24 | | 920706 | 铁拓机 械 | 13.81 | 22.55 | 23.61 | 26.45 | 12.03 | | 601238 | 广汽集 团 | 10.00 | 0.98 | 7.70 | 8.36 | 8.62 | | 600622 | 光大嘉 宝 | 9.86 | 9.54 | 2.98 | 3.23 | 8.50 | | 002574 | 明牌珠 宝 | 10.03 | 6.73 | 5.98 | 6.47 | 8.26 | | 688291 | 金橙子 | 20.01 | ...

Market Overview - The Shanghai Composite Index closed at 3821.68 points, above the six-month moving average, with a decline of 0.34% [1] - The total trading volume of A-shares reached 10,324.73 million yuan [1] Stocks Breaking the Six-Month Moving Average - A total of 175 A-shares have surpassed the six-month moving average today [1] - Notable stocks with significant deviation rates include: - Tietuo Machinery (13.63%) - Junting Hotel (9.68%) - GAC Group (8.62%) [1] Stocks with Small Deviation Rates - Stocks with smaller deviation rates that have just crossed the six-month moving average include: - *ST Lanhua - Fuling Zhacai - Xinbang Pharmaceutical [1] Top Performers - The top performers today based on deviation rates are: - Tietuo Machinery: 15.45% increase, trading at 26.83 yuan - Junting Hotel: 11.17% increase, trading at 25.47 yuan - GAC Group: 10.00% increase, trading at 8.36 yuan [1] Additional Notable Stocks - Other notable stocks with significant increases include: - Guangda Jiabao: 9.86% increase, trading at 3.23 yuan - Mingpai Jewelry: 10.03% increase, trading at 6.47 yuan - Haizheng Material: 10.61% increase, trading at 14.49 yuan [1]

Market Overview - The jewelry sector experienced a decline of 0.78% on November 20, with ST Xinhua Jin leading the drop [1] - The Shanghai Composite Index closed at 3931.05, down 0.4%, while the Shenzhen Component Index closed at 12980.82, down 0.76% [1] Individual Stock Performance - Deep China A (000017) saw a significant increase of 9.96%, closing at 65.8 with a trading volume of 510,400 shares and a turnover of 421 million yuan [1] - Other notable performers included Chao Hong Ji (002345) with a slight increase of 0.99% and China Gold (600916) with a minor decrease of 0.36% [1] - ST Xinhua Jin (600735) led the declines with a drop of 4.98%, closing at 5.91 with a trading volume of 210,700 shares and a turnover of 125 million yuan [2] Capital Flow Analysis - The jewelry sector experienced a net outflow of 115 million yuan from institutional investors, while retail investors saw a net inflow of 100 million yuan [2] - The data indicates that retail investors are actively participating in the market despite the overall decline in the sector [2] Detailed Capital Flow for Selected Stocks - Deep China A (000017) had a net inflow of 15.286 million yuan from institutional investors, while retail investors contributed a net inflow of 7.5484 million yuan [3] - Conversely, ST Xinhua Jin (600735) experienced a net outflow of 10.3369 million yuan from institutional investors [3] - Other stocks like Gold One Culture (002721) and Di A Shares (301177) also showed significant net outflows from institutional investors, indicating a cautious sentiment among larger players [3]

Market Overview - The jewelry sector experienced a decline of 0.93% on November 18, with ST Xinhua Jin leading the drop [1] - The Shanghai Composite Index closed at 3939.81, down 0.81%, while the Shenzhen Component Index closed at 13080.49, down 0.92% [1] Individual Stock Performance - Key stocks in the jewelry sector showed mixed results, with the following notable performances: - Xinghua Jewelry (002731) closed at 16.31, up 0.68% with a trading volume of 221,200 shares [1] - Diya Co. (301177) closed at 31.56, up 0.25% with a trading volume of 13,900 shares [1] - China Gold (600916) closed at 8.23, down 0.48% with a trading volume of 145,700 shares [1] - ST Xinhua Jin (600735) closed at 6.13, down 3.62% with a trading volume of 270,300 shares [2] Capital Flow Analysis - The jewelry sector saw a net outflow of 127 million yuan from institutional investors, while retail investors contributed a net inflow of 145 million yuan [2] - The following stocks had significant capital flow: - Chao Hong Ji (002345) had a net inflow of 3.94 million yuan from institutional investors, but a net outflow of 14.27 million yuan from speculative investors [3] - Jin Yi Culture (002721) experienced a net outflow of 8.43 million yuan from institutional investors, with a net inflow of 10.34 million yuan from speculative investors [3]

Core Viewpoint - Mingpai Jewelry's stock performance shows a slight increase, but financial metrics indicate significant declines in revenue and profit, suggesting potential challenges ahead for the company [1][2]. Financial Performance - As of October 20, 2025, Mingpai Jewelry reported a revenue of 2.62 billion yuan, a year-on-year decrease of 25.37% [2]. - The company experienced a net profit of -107 million yuan, reflecting a dramatic year-on-year decline of 1502.07% [2]. Stock and Financing Activity - On November 17, 2025, Mingpai Jewelry's stock rose by 0.83%, with a trading volume of 46.94 million yuan [1]. - The financing buy-in for the day was 2.26 million yuan, while the financing repayment was 3.52 million yuan, resulting in a net financing outflow of -1.27 million yuan [1]. - The total financing and securities balance stood at 116 million yuan, accounting for 3.62% of the circulating market value, which is below the 20th percentile level over the past year [1]. Shareholder Information - As of October 20, 2025, the number of shareholders for Mingpai Jewelry was 32,600, a decrease of 0.91% from the previous period [2]. - The average circulating shares per person increased by 0.92% to 16,196 shares [2]. Dividend Distribution - Since its A-share listing, Mingpai Jewelry has distributed a total of 335 million yuan in dividends, with 52.8 million yuan distributed over the past three years [3]. Institutional Holdings - As of September 30, 2025, the top ten circulating shareholders included the Gold Stock ETF (517520), which held 3.043 million shares, an increase of 1.3755 million shares compared to the previous period [3].

Core Viewpoint - Mingpai Jewelry (002574) announced the election of Mr. Yu Huadong as the employee director of the sixth board of directors during the employee representative meeting held on November 14, 2025 [1] Group 1 - The employee representative meeting was held on November 14, 2025 [1] - Mr. Yu Huadong was elected as the employee director [1]

Core Viewpoint - Mingpai Jewelry (SZ 002574) announced the convening of its sixth board meeting on November 14, 2025, to review various proposals, including the confirmation of audit committee members [1] Group 1: Company Financials - For the first half of 2025, Mingpai Jewelry's revenue composition was as follows: jewelry accounted for 89.84%, real estate marketing business 5.51%, and photovoltaic cell production 4.64% [1] - As of the report date, Mingpai Jewelry's market capitalization stood at 3.2 billion yuan [1]

信息披露暂缓与豁免管理制度 第一章 总则 第一条 为规范浙江明牌珠宝股份有限公司（以下简称"公司"）信息披露暂 缓、豁免行为，督促公司及相关信息披露义务人依法合规地履行信息披露义务， 根据《上市公司信息披露暂缓与豁免管理规定》《深圳证券交易所股票上市规则》 《深圳证券交易所上市公司自律监管指引第 5 号——信息披露事务管理》等法律、 法规、自律规则的规定，并结合公司实际情况制定本制度（以下简称"本制度"）。 浙江明牌珠宝股份有限公司 第二条 公司和其他信息披露义务人暂缓、豁免披露临时报告，在定期报告、 临时报告中豁免披露中国证券监督管理委员会（以下简称" 中国证监会"）和深 圳证券交易所规定或者要求披露的内容，适用本制度。 第三条 公司和其他信息披露义务人应当真实、准确、完整、及时、公平地 披露信息，不得滥用暂缓或者豁免披露规避信息披露义务、误导投资者，不得实 施内幕交易、操纵市场等违法行为。 第二章 暂缓、豁免披露信息的范围及条件 第四条 公司应当审慎确定信息披露暂缓、豁免事项，履行内部审核程序后 实施。对于不符合暂缓、豁免披露条件的信息，应及时披露。 第五条 公司和其他信息披露义务人有确实充分的证据证明拟 ...