Core Viewpoint - The stock market showed a decline on December 3, with the Shanghai Composite Index down by 0.51%, the Shenzhen Component Index down by 0.78%, and the ChiNext Index down by 1.12% [1]. Group 1: Trading Volume and Activity - A total of 2,574 stocks saw an increase in average trading volume, with 72 stocks experiencing a rise of over 50% [1]. - Notable stocks with significant increases in average trading volume include Shuangqiang Technology (up 390.83%), Chuhuan Technology (up 389.04%), and Huitian Thermal Power (up 352.37%) [1]. - In terms of trading activity, Tongyu Communications, ST Qibu, and Daoming Optics had the highest increases in trading counts, indicating active performance [1]. Group 2: Stocks with Significant Increases - The following stocks had both average trading volume and trading counts increase by over 50%: Huayang New Materials, Suqian Liansheng, and Xinke Materials [3][4]. - Huayang New Materials reported a daily increase of 10.07% with an average trading volume of 2,388 shares, and trading counts increased by 153.71% [3]. - Suqian Liansheng had a daily increase of 6.21% with an average trading volume of 1,453 shares, and trading counts surged by 333.31% [4].

（文章来源：证券日报） 证券日报网讯 12月1日，德尔未来在互动平台回答投资者提问时表示，截至2025年11月28日，公司股东 户数为36038户。 ...

Market Overview - The home goods sector experienced a decline of 1.92% on November 21, with Hai Xiang New Materials leading the drop [1] - The Shanghai Composite Index closed at 3834.89, down 2.45%, while the Shenzhen Component Index closed at 12538.07, down 3.41% [1] Top Performers - Hao Laike (603898) saw a closing price of 15.37, with a significant increase of 10.02% and a trading volume of 274,900 shares, amounting to 406 million yuan [1] - Hua Ci Co., Ltd. (001216) closed at 22.44, also up by 10.00%, with a trading volume of 335,100 shares and a transaction value of 688 million yuan [1] - Mei Ming Zhu Gong (002084) closed at 4.40, increasing by 10.00%, with a trading volume of 517,000 shares and a transaction value of 225 million yuan [1] Underperformers - Hai Xiang New Materials (003011) closed at 21.80, down 6.96%, with a trading volume of 43,800 shares and a transaction value of 97.41 million yuan [2] - Zhong Yuan Home (603709) closed at 14.69, down 6.85%, with a trading volume of 38,600 shares and a transaction value of 58.23 million yuan [2] - Ya Yi Technology (301113) closed at 23.33, down 6.79%, with a trading volume of 33,200 shares and a transaction value of 79.01 million yuan [2] Capital Flow - The home goods sector saw a net outflow of 175 million yuan from institutional investors, while retail investors experienced a net inflow of 273 million yuan [2] - The detailed capital flow for selected stocks indicates varying levels of net inflow and outflow among different companies [3]

每经头条（nbdtoutiao）——展望"十五五" | 专访黄群慧：既要重视AI赋能千行百业，也要考量其对就业 的替代效应和带来的收入极化 （记者 曾健辉） 每经AI快讯，德尔未来（SZ 002631，收盘价：5.08元）11月21日晚间发布公告称，截至本公告日，德 尔集团有限公司累计质押股数为1.5亿股，占其所持股份比例为42.04%。 2025年1至6月份，德尔未来的营业收入构成为：家居类占比99.33%，其他占比0.58%，新能源新材料行 业占比0.08%。 截至发稿，德尔未来市值为41亿元。 ...

关于控股股东部分股份解除质押及质押的公告 证券代码：002631 证券简称：德尔未来 公告编号：2025-57 德尔未来科技控股集团股份有限公司 关于控股股东部分股份解除质押及质押的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 德尔未来科技控股集团股份有限公司（以下简称"公司"）于 2025 年 11 月 21 日接到控股股东德尔集团有限公司（以下简称"德尔集团"）的通知，获悉 德尔集团持有本公司的部分股份进行了解除质押及质押的业务，具体事项如下： 一、本次控股股东股份解除质押及质押的情况 | | 是否为控股 股东或第一 | 本次解除 | | | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 股东 | | 质押股份 | 占其所持 | 占公司总 | 起始日 | | | | | | | | | | | | | | 名称 | 大股东 ...

Core Viewpoint - Del Future announced that its controlling shareholder, Del Group, will unpledge 45 million shares (12.61% of its holdings, 5.64% of total share capital) on November 20, 2025, while simultaneously pledging the same number of shares to Bank of Communications for liquidity purposes [1] Summary by Relevant Sections - **Shareholding and Pledge Status** - As of the announcement date, Del Group holds 357 million shares, accounting for 44.76% of total share capital [1] - The cumulative pledged shares amount to 150 million, representing 42.04% of Del Group's holdings and 18.81% of total share capital [1] - There is no risk of margin call, and the situation has no substantial impact on the company [1]

Core Viewpoint - Del Future (002631) reported that as of November 10, 2025, the number of shareholders is 37,737 [1] Summary by Categories - **Company Information** - Del Future has a total of 37,737 shareholders as of the specified date [1]

Core Insights - The home goods sector experienced a decline of 0.31% on November 12, with Yuma Technology leading the drop [1][2] - The Shanghai Composite Index closed at 4000.14, down 0.07%, while the Shenzhen Component Index closed at 13240.62, down 0.36% [1] Market Performance - Notable gainers in the home goods sector included: - Meizhi Gao (Code: 920765) with a closing price of 26.96, up 5.81% on a trading volume of 45,900 shares and a turnover of 122 million yuan [1] - Mona Lisa (Code: 002918) closed at 16.21, up 5.47% with a trading volume of 118,000 shares and a turnover of 189 million yuan [1] - ST Songfa (Code: 603268) closed at 72.29, up 5.00% with a trading volume of 64,500 shares and a turnover of 45.7 million yuan [1] - Major decliners included: - Yuma Technology (Code: 300993) closed at 17.12, down 6.29% with a trading volume of 190,000 shares and a turnover of 330 million yuan [2] - ST Yazhen (Code: 603389) closed at 47.52, down 5.00% with a trading volume of 32,600 shares and a turnover of 157 million yuan [2] - Filinger (Code: 603226) closed at 38.57, down 3.74% with a trading volume of 53,200 shares and a turnover of 205 million yuan [2] Capital Flow - The home goods sector saw a net outflow of 318 million yuan from institutional investors, while retail investors contributed a net inflow of 314 million yuan [2][3] - Key stocks with significant capital flow included: - Mona Lisa had a net inflow of 22.32 million yuan from institutional investors, while retail investors saw a net outflow of 20.70 million yuan [3] - Shangpin Home (Code: 300616) had a net inflow of 18.78 million yuan from institutional investors, with retail investors experiencing a net outflow of 15.69 million yuan [3] - Qisheng Technology (Code: 603610) had a net inflow of 12.79 million yuan from institutional investors, while retail investors faced a net outflow of 22.90 million yuan [3]

Core Viewpoint - Del Future announced a share reduction plan by three shareholders, indicating potential changes in ownership structure and investor sentiment towards the company [2] Shareholder Reduction Plan - Shareholder Shi Xudong, holding 453,500 shares (0.0569% of total shares), plans to reduce holdings by up to 113,375 shares (0.0142%) [2] - Shareholder Zhang Lixin, holding 1,476,000 shares (0.1851% of total shares), plans to reduce holdings by up to 369,000 shares (0.0463%) [2] - Shareholder Wu Huifang, holding 714,000 shares (0.0896% of total shares), plans to reduce holdings by up to 178,500 shares (0.0224%) [2] Timeline of Reduction - The reduction will occur within three months starting from November 28, 2025, to February 27, 2026, following the announcement [2]

Core Viewpoint - Del Future announced plans for share reduction by key executives, indicating potential changes in shareholder structure and management confidence in the company's future performance [1] Group 1: Share Reduction Announcement - The company received a notice from three executives regarding their intention to reduce shareholdings, with specific plans outlined for the reduction period from November 28, 2025, to February 27, 2026 [1] - Executive Shi Xudong holds approximately 450,000 shares (0.0569% of total shares), plans to reduce by up to 110,000 shares (0.0142%) [1] - Executive Zhang Lixin holds approximately 1.48 million shares (0.1851% of total shares), plans to reduce by up to 370,000 shares (0.0463%) [1] - Executive Wu Huifang holds approximately 710,000 shares (0.0896% of total shares), plans to reduce by up to 180,000 shares (0.0224%) [1] Group 2: Company Financials - For the first half of 2025, Del Future's revenue composition shows that home furnishings account for 99.33%, while other sectors contribute 0.58%, and the new energy and new materials sector accounts for 0.08% [1] - The company's market capitalization is reported to be 4.4 billion yuan [2]