Investment Rating - The report maintains a "Recommended" investment rating for the mechanical industry [6]. Core Insights - The mechanical industry is experiencing steady growth, particularly in the low-altitude economy and machinery sectors, supported by policy initiatives and technological advancements [3][4]. - The report highlights a significant increase in excavator sales, with a total of 19,858 units sold in September 2025, marking a year-on-year growth of 25.4%, including a domestic sales increase of 21.5% and an export increase of 29% [3]. Weekly Market Review - From October 13 to October 17, 2025, the Shanghai Composite Index decreased by 1.47%, while the ShenZhen Component Index and the ChiNext Index fell by 4.99% and 5.71%, respectively. The Shenwan Mechanical Equipment Index dropped by 5.84%, underperforming the CSI 300 Index by 3.62 percentage points, ranking 27th among 31 Shenwan first-level industries [11]. - Within sub-sectors, the performance varied, with general equipment down by 5.62%, specialized equipment down by 5.74%, rail transit equipment II down by 2.22%, engineering machinery down by 3.04%, and automation equipment down by 9.06% [11]. Key Sector Tracking - **Low-altitude Economy**: The Suzhou Development and Reform Commission released a dual list of capabilities and demands for the low-altitude economy, indicating strong local enterprise involvement in aircraft development and operations [3]. - **Machinery Equipment**: The report emphasizes the competitive advantage of domestic leading enterprises in both supply and demand, with a positive outlook for the engineering machinery sector [3]. Investment Recommendations - For the low-altitude economy, recommended companies include Deep City Transportation, Sujiao Science and Technology, Huasheng Group, and Nairui Radar. In the complete machine sector, focus on Wan Feng Ao Wei, Yihang Intelligent, Zongheng Co., and Green Energy Hui Charge. Key component manufacturers include Zongshen Power, Wolong Electric Drive, Yingliu Co., and Yingboer. In air traffic management and operations, consider CITIC Heli, Zhongke Xingtu, and Sichuan Jiuzhou [4]. - In the machinery equipment sector, recommended companies include Juxing Technology, Quan Feng Holdings, and Nine Company for the export chain, and Sany Heavy Industry, XCMG, and Anhui Heli for engineering machinery [4]. Economic Data Tracking - The report tracks various economic indicators, including the manufacturing PMI and fixed asset investment completion rates, which provide insights into the overall health of the manufacturing sector [40][44].

Core Points - The company announced the appointment of Li Lixia as the representative for securities affairs [2] Group 1 - The board of directors approved the hiring of Li Lixia [2]

Core Points - Yonghe Zhikong announced the resignation of Liu Jie, who served as the company's director, deputy general manager, and board secretary, due to personal reasons [1] - Following his resignation, Liu Jie will no longer hold any positions within the company or its subsidiaries [1]

关于公司董事、副总经理、董事会秘书辞职的公告 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。 永和流体智控股份有限公司（以下简称"公司"）董事会于近日收到公司董事、 副总经理、董事会秘书刘杰先生的书面辞职报告。刘杰先生因个人原因申请辞去 公司董事、副总经理、董事会秘书职务，辞职后不再担任公司及子公司任何职务。 根据《公司法》《公司章程》等相关规定，刘杰先生提交的辞职报告自送达 董事会之日起生效。截至本公告披露日，刘杰先生持有公司股份 1,960,000 股， 不存在应当履行而未履行的承诺事项。 刘杰先生辞职公司董事、副总经理、董事会秘书不会影响公司董事会正常运 作，不会影响公司正常生产经营。公司董事会对刘杰先生在担任公司董事、副总 经理、董事会秘书期间为公司所做的贡献表示衷心的感谢。为保证公司董事会工 作的正常运行，根据《公司法》《深圳证券交易所股票上市规则》《公司章程》 等有关规定，在公司正式聘任董事会秘书之前，由公司董事长魏璞女士代为履行 董事会秘书职责，公司将按照相关规定尽快聘请新的董事会秘书。 魏璞女士的联系方式如下： 联系电话：0576-871216 ...

证券代码：002795 证券简称：永和智控 公告编号：2025-045 李丽霞女士已取得深圳证券交易所颁发的董事会秘书资格证书，其任职资格 符合《深圳证券交易所股票上市规则》等有关规定，李丽霞女士简历附后。 联系方式如下： 联系电话：0576-87121675 传真：0576-87121768 永和流体智控股份有限公司 关于聘任证券事务代表的公告 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。 永和流体智控股份有限公司（以下简称"公司"）于 2025 年 10 月 20 日召开 第五届董事会第二十三次临时会议，审议通过了《关于聘任证券事务代表的议案》。 公司董事会同意聘任李丽霞女士为公司证券事务代表，任期自本次董事会审议通 过之日起至本届董事会届满时止。 电子邮箱：lilixia@yorhemedical.com 1 联系地址：浙江省台州市玉环市清港镇工业产业集聚区 附：李丽霞女士简历 特此公告。 李丽霞，1994 年 11 月出生，中国国籍，无境外永久居留权，本科学历。2021 年 7 月至今在永和流体智控股份有限公司工作。2023 年 8 月取得深圳证券交 ...

永和流体智控股份有限公司 证券代码：002795 证券简称：永和智控 公告编号：2025-044 第五届董事会第二十三次临时会议决议公告 具体内容详见公司同日刊登于巨潮资讯网（http://www.cninfo.com.cn）、《证 券时报》和《证券日报》的《关于聘任证券事务代表的公告》（公告编号：临 2025-045 号）。 三、备查文件 《永和智控第五届董事会第二十三次临时会议决议》 特此公告。 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、董事会会议召开情况 永和流体智控股份有限公司（以下简称"公司"）董事会于 2025 年 10 月 17 日以电话及邮件方式向全体董事发出召开第五届董事会第二十三次临时会议的 通知。2025 年 10 月 20 日，公司第五届董事会第二十三次临时会议以通讯表决 的方式召开。本次会议应出席董事 7 名，实际出席董事 7 名。会议由董事长魏璞 女士召集。本次会议的召集、召开程序符合《中华人民共和国公司法》、《深圳 证券交易所股票上市规则》和《公司章程》的有关规定。 二、董事会会议审议情况 在保证全体董事充分发表意见的前 ...

Market Overview - The Shanghai Composite Index closed at 3859.80 points, above the annual line, with a change of 0.52% [1] - The total trading volume of A-shares reached 14312.80 billion yuan [1] Stocks Breaking Annual Line - A total of 148 A-shares have surpassed the annual line today, with notable stocks including: - Tengda Technology with a deviation rate of 9.43% - Shengyang Technology at 9.02% - Jida Zhengyuan at 8.67% [1] - Stocks with smaller deviation rates that just crossed the annual line include *ST Biology, Hongte Technology, and Yunding Technology [1] Top Performers - The top three stocks with the highest deviation rates are: 1. Tengda Technology: Today's increase of 10.01%, turnover rate of 22.36%, latest price at 23.85 yuan [1] 2. Shengyang Technology: Today's increase of 10.00%, turnover rate of 6.20%, latest price at 12.10 yuan [1] 3. Jida Zhengyuan: Today's increase of 10.02%, turnover rate of 8.23%, latest price at 26.57 yuan [1] Additional Notable Stocks - Other notable stocks with significant performance include: - Shengbang Safety with an increase of 8.32% and a deviation rate of 6.63% [1] - Pingmei Co. with an increase of 6.35% and a deviation rate of 5.95% [1] - Tianao Electronics with an increase of 10.00% and a deviation rate of 5.73% [1]

Core Points - The Shanghai Composite Index is currently at 3866.08 points, above the annual line, with a change of 0.69% [1] - The total trading volume of A-shares today is 899.46 billion yuan [1] - A total of 138 A-shares have surpassed the annual line, with notable stocks showing significant deviation rates [1] Summary by Category Stock Performance - Notable stocks with high deviation rates include: - Tengda Technology: 10.01% increase, deviation rate of 9.43% - Shengbang Security: 7.46% increase, deviation rate of 5.79% - Tian'ao Electronics: 10.00% increase, deviation rate of 5.73% [1] - Other stocks with lower deviation rates that have just crossed the annual line include: - Xiamen International Trade - Yunding Technology - Saiyi Information [1] Trading Data - The trading data for stocks that broke the annual line on October 20 includes: - Tengda Technology: Latest price 23.85 yuan, annual line 21.80 yuan - Shengbang Security: Latest price 38.88 yuan, annual line 36.75 yuan - Tian'ao Electronics: Latest price 16.50 yuan, annual line 15.61 yuan [1] - The trading volume and turnover rates for these stocks vary, with Tengda Technology showing a turnover rate of 19.61% [1] Additional Stock Information - Other stocks with notable performance include: - Tianli Lithium: 10.40% increase, deviation rate of 4.87% - Tianqi Co., Ltd.: 4.82% increase, deviation rate of 4.55% - Yonghe Intelligent Control: 4.86% increase, deviation rate of 4.43% [1] - The table includes various stocks with their respective trading performance metrics, such as price changes and turnover rates [2]

Core Viewpoint - Yonghe Intelligent Control is facing challenges in its photovoltaic business and is actively pursuing the divestiture of its loss-making assets [1][2][3] Group 1: Business Performance - In 2023 and 2024, Yonghe Intelligent Control reported revenues of 948 million yuan and 823 million yuan, representing year-on-year decreases of 4.19% and 13.19% respectively, with net losses of 156 million yuan and 297 million yuan [1] - The photovoltaic cell business generated only 198,940 yuan in revenue in 2024, a staggering year-on-year decline of 95.18%, accounting for just 0.24% of total revenue, with a gross margin of -3020.96% [1] - For the first half of 2025, the company achieved revenues of 367 million yuan, down 12.88% year-on-year, with net losses of 37.62 million yuan and 35.20 million yuan, reflecting a reduction in losses of 33.1% and 36.52% respectively [2] Group 2: Asset Divestiture - Yonghe Intelligent Control announced the termination of a 61.4 million yuan deal to transfer 51% of its stake in Taixing Pule New Energy Technology Co., Ltd. to Shenzhen Fanrong Industrial Co., Ltd. [1] - Following the termination, the company quickly listed the 51% stake in Taixing Pule and all related debts for public sale, with a minimum listing price of 30.49 million yuan [2] - The price for the 51% stake has decreased by 50% compared to the previous transaction [3] Group 3: Financial Status of Taixing Pule - Taixing Pule reported revenues of 6.95 million yuan and 58,800 yuan for 2024 and the first five months of 2025, with net losses of 195 million yuan and 44.09 million yuan respectively [3] - As of May 2025, Taixing Pule had total assets of 273 million yuan and negative net assets of 30.4 million yuan, indicating a state of insolvency [3] Group 4: Control Change - Yonghe Intelligent Control is in the process of changing its control structure, with the current controlling shareholder planning to transfer control through share transfers and voting rights delegation [3]

2022年11月25日，公司与泰兴普乐、泰兴普乐股东签署《关于普乐新能源科技(泰兴)有限公司之增资协 议》。2022年12月15日，公司与泰兴普乐、泰兴普乐股东及公司控股股东签署《关于普乐新能源科技 (泰兴)有限公司之增资协议之补充协议》，约定增资与借款事项；进而公司与泰兴普乐再次签订并确认 两份《借款合同》。上述借款合同总金额合计约为1.69亿元。截至2025年5月31日，泰兴普乐对公司的 债务金额为1.85亿元，其中本金1.69亿元，应付利息1643.22万元。 公告显示，泰兴普乐股东全部权益在评估基准日2025年5月31日的市场价值约为-2.92亿元；永和智控对 泰兴普乐的债权可受偿金额最可能实现的下限金额是3049.00万元。 中证报中证网讯(记者罗京)10月13日晚，永和智控（002795）发布公告称，公司拟公开挂牌转让控股子 公司普乐新能源科技(泰兴)有限公司(以下简称"泰兴普乐")51%股权及公司对泰兴普乐的全部债权，首 次挂牌底价合计不低于3049.00万元。交易完成后，公司将不再持有泰兴普乐股权。本次交易尚需提交 公司2025年第二次临时股东大会审议。 公告显示，泰兴普乐成立于2022年9月 ...