Core Viewpoint - Ocean King (002724.SZ) has experienced significant stock price volatility, with a recent drop following a profit warning for 2024, indicating a projected net loss of 115 million to 160 million yuan [1][3]. Group 1: Stock Price Movement - Ocean King's stock price fell sharply after reaching a peak of 9.33 yuan per share, following a rapid increase from around 5 yuan per share [1]. - The stock was heavily traded, with large net sell-offs reported, indicating potential withdrawal of significant capital from the stock [1][2]. Group 2: Financial Performance - The company anticipates a net loss for 2024, contrasting with a profit of 43.67 million yuan in 2023, primarily due to declining revenues and increased losses in its subsidiary, Shenzhen Mingzhihui Smart Technology Co., Ltd. [3][4]. - The main reasons for the projected loss include a downturn in the construction business, delayed customer payments, and increased asset impairment provisions, including a planned goodwill impairment of approximately 100 million yuan [3][4]. Group 3: Acquisition and Goodwill Impairment - The acquisition of Mingzhihui in 2020 resulted in significant goodwill, which is now at risk of impairment, contributing to the expected losses [4][5]. - The initial valuation of Mingzhihui was significantly higher than its book value, leading to a goodwill recognition of 151.10 million yuan, with a planned impairment of about 100 million yuan, representing roughly two-thirds of the recognized goodwill [4][5]. Group 4: Business Operations - Mingzhihui's primary revenue comes from urban landscape lighting projects, with a focus on government and infrastructure projects [6]. - The company had performance commitments post-acquisition, which have not been met, leading to substantial losses and the need for goodwill impairment [7].

Core Insights - BYD reported a net profit of 40.254 billion yuan for 2024, representing a 34% year-on-year increase, with R&D investment reaching 54.2 billion yuan [1][2] - Guangzhou Development plans to invest 5.612 billion yuan in the construction of the Guangzhou Pearl River Power Plant, a 2×600MW coal power environmental replacement project [1][2] - Cloud Tianhua's net profit for 2024 is 5.333 billion yuan, a year-on-year growth of 17.93%, with a proposed dividend of 1.4 yuan per share [1][2] Company Announcements - Ocean King currently has no business or products related to "deep-sea technology" [1] - Youfu Co., Ltd. reported that sales revenue from seawater polyester industrial yarn accounts for approximately 1% of the company's total revenue, indicating a low proportion [1] - Yida Co., Ltd. achieved production and sales of epoxy propylene products but did not achieve profitability [1] Project Investments - Chuangwei Digital plans to invest no more than 932 million yuan in the second phase of the Huizhou Industrial Park project [2] - Oriental Electric plans to establish a subsidiary and build a production base in Thailand [2] Contract Awards - Yonggui Electric's subsidiary won a project worth 23.218 million yuan [2] - Jinpu Garden signed a construction project general contracting contract worth approximately 215 million yuan [2] - Huaxi Energy signed a contract for a 1,800MW clean energy project in southern Laos, with a corresponding contract amount of 10.385 billion yuan [2] Share Buybacks and Transfers - Jian Sheng Group plans to repurchase shares with an investment of 50 to 100 million yuan [3] - Longshen Rongfa intends to purchase 70% equity of a research institute for 8.58494 million yuan [3] Other Developments - Rui Ge Mould plans to issue convertible bonds to raise no more than 880 million yuan for investment in intelligent manufacturing projects for new energy vehicles [1][3] - Yiwei Lithium Energy's subsidiary received a supplier designation notification from Changan Automobile [1][3]

Core Viewpoint - Ocean King Lighting Technology Co., Ltd. experienced a stock price drop limit on March 25, with a significant holding by the Jiashi Fund's Jiashi Leading Advantage Mixed A fund, which holds 0.33% of the shares [1] Company Overview - Ocean King Lighting Technology Co., Ltd. was established in August 1995 and specializes in the research, production, and sales of various professional lighting equipment and intelligent control systems, as well as undertaking various lighting engineering projects [1] - The company was listed on the Shenzhen Stock Exchange's SME board on November 4, 2014 [1] Fund Performance - Jiashi Leading Advantage Mixed A fund, managed by Zhang Jintao, reported a year-to-date return of 5.95%, ranking 2071 out of 4558 in its category [1] - The fund's holding in Ocean King remained unchanged in the fourth quarter of the previous year [1] Fund Manager Profile - Zhang Jintao, the fund manager, holds a master's degree and has a background in energy and raw materials research and investment [3][4] - He has been with Jiashi Fund Management Co., Ltd. since October 2012 and has held various positions, including head of overseas research and investment strategy [3][4]

Core Insights - The 2025 Government Work Report has officially included "deep-sea technology" as a key area for development, indicating a significant shift towards industrialization in this sector [2][4] - The deep-sea technology market is projected to be worth trillions, driven by advancements in technology and policy support [4][5] - The deep-sea technology index has seen a notable increase, with several companies experiencing stock price surges due to investor interest [8] Industry Overview - Deep-sea technology encompasses advanced techniques and equipment for exploring and utilizing deep-sea resources, including deep-sea detection, resource development, communication, and engineering technologies [2] - The deep-sea economy is part of China's broader marine economic strategy, with the national marine production value expected to reach 10.54 trillion yuan in 2024, reflecting a 5.9% growth from the previous year [2] - The government is emphasizing the importance of deep-sea technology as a frontier in marine economy and technological innovation [2][3] Policy and Government Initiatives - Local governments are implementing policies to accelerate the industrialization of deep-sea technology, with cities like Shanghai and Shenzhen announcing development plans and strategic partnerships [3] - The "Mingyuan Plan" and other national-level research projects are being launched to support the safe and healthy development of deep-sea technology [3] Market Dynamics - The deep-sea technology industry chain includes equipment manufacturing, resource exploration, and commercial services, covering various sectors such as deep-sea robotics and offshore wind energy [5][6] - Companies are making significant advancements in deep-sea equipment, with several achieving global leadership in deep-sea exploration technologies [5][6] Investment Opportunities - The deep-sea technology sector is attracting substantial investor interest, with many companies reporting inquiries about their involvement in this field [8] - Companies like CIMC and KOSHI Technology are actively engaging in deep-sea oil and gas equipment manufacturing and underwater robotics, showcasing their technological capabilities [9][10]

Market Overview - The A-share market experienced a significant drop in trading volume, falling below 1.5 trillion yuan, indicating a potential last washout before the 3400-point level [1] - The market saw a slight rebound after hitting a low of 3340.24 points, which filled a small gap from March 6, alleviating some market concerns [1][2] - Despite a rebound, the overall sentiment remained weak, with over 3900 stocks declining compared to just over 1000 stocks rising, leading to a substantial decrease in total trading volume [2] Capital Flow - Domestic institutional investors continued to see a significant net outflow of funds, which is a key reason for the market's adjustment [2] - The late trading session saw a sudden surge, attributed to the confidence of foreign investors in Chinese assets, which positively influenced related sectors in the A-share market [4] Technical Analysis - The market's adjustment appears to be nearing completion from a technical perspective, with the afternoon rebound suggesting a potential stabilization [2][16] - The presence of multiple high-volume trading bars indicates that the main players are gradually pushing the market upward, contrasting with previous instances of sharp spikes in volume that often led to false breakouts [16] Stock Performance - Notable stocks included Fenda Technology and Dalian Heavy Industry, both achieving a 10% increase, indicating strong performance amidst the broader market decline [7] - The focus on marine economy stocks is highlighted, with plans from the Zhangzhou Development and Reform Commission to enhance the competitiveness of major marine industries, suggesting potential growth in this sector [11] Future Outlook - The market is expected to maintain a bullish sentiment following the late-session rebound, with predictions of a medium to strong upward movement in the coming days [16] - The emergence of new leading stocks in the market is noted, with specific codes mentioned as having significant potential for growth [14]

股票代码：002724 股票简称：海洋王 公告编号：2025-014 海洋王照明科技股份有限公司 关于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。 一、股票交易异常波动的情况 海洋王照明科技股份有限公司（以下简称"公司"或"本公司"）股票连续3 个交易日内（2025年3月20日、3月21日、3月24日）收盘价格涨幅偏离值累计超 过20%。根据深圳证券交易所的相关规定，属于股票交易异常波动的情况。 除上述事项外，公司未发现近期公共传媒报道了可能或已经对公司股票交易 价格产生较大影响的未公开重大信息。 3、公司近期经营情况正常，内外部经营环境未发生重大变化。 4、公司、控股股东及实际控制人不存在关于本公司的应披露而未披露的重 大事项，或处于筹划阶段的重大事项。 二、 公司关注、核实情况 针对股票交易异常波动，公司对有关事项进行了核查，现将有关情况说明如 下： 1、公司未发现前期披露的信息存在需要更正、补充之处。 2、公司注意到"深海科技"相关概念受市场关注较大，本公司就此郑重声 明如下： 2.1 部分媒体将公司纳入"深海科技"概念股。经核实 ...

Core Viewpoint - The stock of Ocean King (002724) experienced significant volatility, including a limit down and subsequent limit up, indicating strong market interest and trading activity [1][2]. Group 1: Stock Performance - The stock reached a price of 9.33 yuan per share, with approximately 40,000 orders at the limit up price [1]. - Over the past 8 trading days, the stock has achieved 6 limit up days, reflecting a strong upward trend [2]. Group 2: Company Operations - The company has stated that its recent operational conditions are normal, with no significant changes in the internal or external business environment [2]. - There are no undisclosed major matters related to the company, its controlling shareholders, or actual controllers [2]. Group 3: Market Perception - The company has been associated with the "Deep Sea Technology" concept, which has garnered considerable market attention [2]. - However, the company clarified that it currently has no business or products related to "Deep Sea Technology" and is not connected to this concept [3].

Investment Rating - The report does not provide a specific investment rating for the industry or companies mentioned [1]. Core Insights - The report highlights the recent IPOs and trading activities in the market, indicating a dynamic environment for new stock listings and potential investment opportunities [1]. - It includes a list of companies with their respective stock codes and recent announcements, suggesting active market participation and investor interest [1]. Summary by Sections - **New Stock Listings**: The report lists several new stock listings, including 恒鑫生活 (stock code: 301501) with an issue price of 39.92, indicating a new entry into the market [1]. - **Tender Offers**: The report mentions companies like 成大生物 (stock code: 688739) and 海航科技 (stock code: 600751) that are currently involved in tender offers, which may present investment opportunities [1]. - **Recent Announcements**: A variety of companies have made recent announcements regarding their stock activities, including 海洋王 (stock code: 002724) and 爱婴室 (stock code: 603214), reflecting ongoing corporate actions that could impact stock performance [1].

股票代码：002724 股票简称：海洋王 公告编号：2025-013 海洋王照明科技股份有限公司 关于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。 一、股票交易异常波动的情况 海洋王照明科技股份有限公司（以下简称"公司"或"本公司"）股票连续2 个交易日内（2025年3月17日、3月18日）收盘价格涨幅偏离值累计超过20%。根 据深圳证券交易所的相关规定，属于股票交易异常波动的情况。 2、公司注意到"深海科技"相关概念受市场关注较大，部分媒体将公司纳 入"深海科技"概念股。经核实，公司目前无"深海科技"相关业务和产品，与 "深海科技"概念无关。敬请广大投资者理性决策，审慎投资，注意投资风险。 除上述事项外，公司未发现近期公共传媒报道了可能或已经对公司股票交易 价格产生较大影响的未公开重大信息。 3、公司近期经营情况正常，内外部经营环境未发生重大变化。 4、公司、控股股东及实际控制人不存在关于本公司的应披露而未披露的重 大事项，或处于筹划阶段的重大事项。 5、公司控股股东、实际控制人在公司股票异常波动期间不存在买卖公司股 票的情形。 三、 ...

股票代码：002724 股票简称：海洋王 公告编号：2025-012 海洋王照明科技股份有限公司 关于股票交易异常波动公告 一、股票交易异常波动的情况 海洋王照明科技股份有限公司（以下简称"公司"或"本公司"）股票连续2 个交易日内（2025年3月13日、3月14日）收盘价格涨幅偏离值累计超过20%。根 据深圳证券交易所的相关规定，属于股票交易异常波动的情况。 二、 公司关注、核实情况 针对股票交易异常波动，公司对有关事项进行了核查，公司董事会通过电话、 邮件及其他问询方式，对公司控股股东、实际控制人及公司董监高就相关问题进 行了核实，现将有关情况说明如下： 1、公司未发现前期披露的信息存在需要更正、补充之处。 2、公司未发现近期公共媒体报道了可能或已经对公司股票交易价格产生较 大影响的未公开重大信息。 3、公司近期经营情况正常，内外部经营环境未发生重大变化。 4、公司、控股股东及实际控制人不存在关于本公司的应披露而未披露的重 大事项，或处于筹划阶段的重大事项。 5、公司控股股东、实际控制人在公司股票异常波动期间不存在买卖公司股 票的情形。 三、是否存在应披露而未披露信息的说明 本公司及董事会全体成员保证信息 ...