Core Insights - On November 20, several companies disclosed their share repurchase and reduction plans, indicating varying levels of confidence in their stock performance [1] Group 1: Share Repurchase Plans - Eddie Precision plans to repurchase A-shares worth between 100 million to 200 million yuan [2] - Aviation Materials plans to repurchase shares worth between 50 million to 100 million yuan [2] - Changshu Bank's executives plan to increase their holdings by no less than 550,000 shares [2] Group 2: Share Reduction Plans - New Hongze's major shareholder reduced their holdings during a period of abnormal stock fluctuations [2] - General Electric's Singapore company plans to reduce its holdings by no more than 3% in China Xidian [2] - Senior management of Lifespring Pharmaceutical plans to reduce their holdings by no more than 0.0044% [2] - Shareholder Zhoushan Ruihao of Wan Feng plans to reduce holdings by no more than 1.75% [2] - Shareholders of Dongxin plan to collectively reduce holdings by no more than 0.71% [2] - Haigang Group, a shareholder of Hainan Mining, plans to reduce holdings by no more than 0.75% [2] - Actual controller Zhang Guifeng of Fulongma reduced 3.7812 million shares from November 19 to November 20 [2] - Shareholder Dongguan Kechuang Investment Group of Shengyi Electronics plans to reduce holdings by no more than 1% [2] - Shareholder Qinyi Partnership of Yayi Technology plans to reduce holdings by no more than 0.25% [2] - Controlling shareholder Yuansi Industrial of New City plans to reduce holdings by no more than 3% [2] - Controlling shareholder of Kaishan plans to reduce holdings by no more than 1% [2] - The largest shareholder of Tuo Jing Technology, the National Fund, plans to reduce holdings by no more than 3% [2] - Controlling shareholder Li Zheng of Wajinjiao plans to reduce holdings by no more than 3% [2] - Shareholder Shanxi Huaxin Hai of Baose plans to reduce holdings by no more than 1% [2] - Shareholders of Huaya Intelligent plan to collectively reduce holdings by 399.21 million shares, accounting for 2.98% of total share capital [2] - Directors and executives of Changxin Bochuang plan to collectively reduce holdings by no more than 0.05% [2] - Shareholders of Longxun plan to collectively reduce holdings by no more than 2.63% [2] - Some directors and executives of Fulede plan to collectively reduce holdings by no more than 0.0104% [2]

Core Viewpoint - The company announced that its stock experienced an abnormal fluctuation, with a cumulative closing price increase of over 20% over three consecutive trading days from November 18 to November 20, 2025 [1] Summary by Relevant Sections - Stock Performance - The stock price increased significantly, with a cumulative rise exceeding 20% over three trading days [1] - Company Disclosure - The company confirmed that there are no corrections or supplements needed for previously disclosed information [1] - No recent media reports have been identified that could have significantly impacted the stock price [1]

Group 1 - Moer Thread announced an issuance price of 114.28 CNY per share, with a total of 70 million shares to be publicly issued, aiming to raise 8 billion CNY, netting approximately 7.576 billion CNY after expenses [1] - EVE Energy signed a procurement framework agreement with Simo International for battery cells from 2026 to 2028, with the agreement effective until December 31, 2028, but does not specify a concrete amount [1] - Tuojing Technology's major shareholder, the National Integrated Circuit Industry Investment Fund, plans to reduce its stake by up to 3% through block trading from December 12, 2025, to March 11, 2026 [1] Group 2 - Shengyi Electronics announced that its shareholder, Dongguan Science and Technology Innovation Investment Group, plans to reduce its stake by up to 1% from December 12, 2025, to March 11, 2026, due to funding needs [2] - Deep Technology reported that it is a leading domestic high-end storage chip packaging and testing company, currently operating at full capacity in Shenzhen and Hefei, and is expanding based on customer demand [2] - Wengfeng Co. announced that its deputy general manager, Qin Guofen, is under investigation, but this matter is personal and will not significantly impact the company's operations [2] Group 3 - Fosun Pharma's subsidiary, Shanghai Fuhong Hanlin Biotechnology, has had its drug, Surulitinib, included in the breakthrough therapy designation for gastric cancer, with no other PD-1 monoclonal antibody approved for this indication globally [3] - Daye Co. is responding to the EU's anti-dumping investigation on Chinese lawnmowers, adjusting its overseas production structure and integrating resources to mitigate impacts [4]

Core Viewpoint - The stock of Xin Hongze (002836.SZ) experienced an abnormal fluctuation, with a cumulative closing price increase exceeding 20% over three consecutive trading days from November 18 to November 20, 2025 [1] Group 1 - The actual controller of the company did not engage in buying or selling the company's stock during the period of abnormal trading fluctuation [1] - The controlling shareholder, Yize Holdings Co., Ltd., did conduct stock transactions during the abnormal trading period, but these actions were consistent with previously disclosed reduction plans and did not constitute illegal selling [1]

证券代码：002836 证券简称：新宏泽 公告编号：2025-044 广东新宏泽包装股份有限公司 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介绍 广东新宏泽包装股份有限公司（证券简称：新宏泽；证券代码：002836，以 下简称"公司"或"本公司"）股票于 2025 年 11 月 18 日、2025 年 11 月 19 日、 2025 年 11 月 20 日连续 3 个交易日收盘价格涨幅偏离值累计超过 20%，根据《深 圳证券交易所交易规则》的相关规定，属于股票交易异常波动的情况。 二、公司关注并核实的相关情况说明 2、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。 针对公司股票交易异常波动，公司对有关事项进行了核查，并对控股股东及 实际控制人就相关事项进行了核实，现就有关情况说明如下： 1、公司前期所披露的信息不存在需要更正、补充之处。 3、公司经营情况及内外部经营环境未发生重大变化。 4、经公司自查和问询控股股东和实际控制人，公司、控股股东和实际控制 人不存在关于 ...

Core Viewpoint - The stock of Xin Hong Ze (002836.SZ) experienced an abnormal fluctuation, with a cumulative closing price increase exceeding 20% over three consecutive trading days from November 18 to November 20, 2025 [1] Summary by Relevant Sections - **Stock Performance** - The stock price of Xin Hong Ze showed a significant increase, with a cumulative rise of over 20% during the specified trading days [1] - **Insider Trading Activity** - The actual controller of the company did not engage in buying or selling the company's stock during the period of abnormal trading [1] - The controlling shareholder, Yize Holdings Limited, did conduct stock transactions during this period, but these actions were consistent with previously disclosed reduction plans, indicating no violations of regulations [1]

Core Viewpoint - The stock of Xin Hong Ze has experienced an abnormal fluctuation, with a cumulative closing price deviation exceeding 20% over three consecutive trading days [1] Group 1: Stock Performance - The company announced that its stock price has deviated significantly, indicating unusual trading activity [1] - The actual controller of the company did not engage in buying or selling the company's stock during the period of abnormal fluctuation [1] Group 2: Shareholder Activity - The controlling shareholder, Yize Holdings Co., Ltd., did conduct transactions involving the company's stock during the abnormal fluctuation period [1] - The share reduction actions taken by the controlling shareholder were consistent with previously disclosed reduction plans and did not constitute illegal selling [1]

Core Viewpoint - The company's stock experienced an unusual price fluctuation, with a cumulative increase of over 20% in closing prices over three consecutive trading days from November 18 to 20, 2025 [1] Summary by Relevant Sections - **Stock Price Movement** - The stock price fluctuation is classified as abnormal due to the significant increase in closing prices [1] - **Company's Response** - The company confirmed that there is no need to correct or supplement previously disclosed information, and that both the operational and external environments remain unchanged [1] - **Insider Trading Activity** - The actual controller did not engage in buying or selling the company's stock during the period of unusual fluctuation, while the controlling shareholder, Yize Holdings, did reduce its holdings in accordance with a prior reduction plan, which was compliant with regulations [1] - **Investor Advisory** - The company has advised investors to make rational investment decisions and to be aware of potential risks [1]

Core Insights - The packaging and printing sector experienced a slight increase of 0.04% on November 20, with Xin Hongze leading the gains [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] Stock Performance - Xin Hongze (002836) closed at 16.08, up 9.99% with a trading volume of 219,600 shares and a transaction value of 333 million yuan [1] - Yingxing Co. (002752) closed at 6.55, up 5.31% with a trading volume of 768,900 shares and a transaction value of 515 million yuan [1] - Xianggang Technology (665509) closed at 20.03, up 3.03% with a trading volume of 164,800 shares and a transaction value of 327 million yuan [1] - Other notable stocks include Yongxin Co. (002014) with a 1.24% increase and Donggang Co. (002117) with a 0.90% increase [1] Capital Flow - The packaging and printing sector saw a net outflow of 221 million yuan from institutional investors, while retail investors contributed a net inflow of 261 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors increased their positions [2] Individual Stock Capital Flow - Yingxing Co. (002752) had a net inflow of 10.8 million yuan from institutional investors, but saw a net outflow of 31.3 million yuan from speculative funds [3] - Xin Hongze (002836) experienced a net inflow of 16.1 million yuan from institutional investors, with a minor net inflow from speculative funds [3] - Other stocks like Aorijin (002701) and Jiahe Technology (920392) also showed varied capital flows, reflecting differing investor sentiments [3]

Group 1 - The core point of the news is that Guangdong Xinhongze Packaging Co., Ltd. has seen a stock price increase of 5.34%, reaching 15.40 CNY per share, with a trading volume of 169 million CNY and a turnover rate of 5.00%, resulting in a total market capitalization of 3.548 billion CNY [1] - Xinhongze was established on March 22, 2006, and went public on December 29, 2016. The company's main business involves the design, production, and sales of cigarette labels, with 99.42% of its revenue coming from this segment and 0.58% from other supplementary sources [1] Group 2 - Among the top ten circulating shareholders of Xinhongze, a fund under Nuoan Fund has increased its holdings by 563,100 shares in the third quarter, bringing its total to 1.6651 million shares, which accounts for 0.72% of the circulating shares. The estimated floating profit today is approximately 1.2988 million CNY [2] - The Nuoan Multi-Strategy Mixed A Fund (320016) was established on August 9, 2011, with a latest scale of 1.855 billion CNY. It has achieved a year-to-date return of 74.46%, ranking 197 out of 8,136 in its category, and a one-year return of 76.1%, ranking 179 out of 8,055 [2] - The fund manager, Kong Xianzheng, has a cumulative tenure of 4 years and 360 days, with the fund's total asset scale at 5.608 billion CNY. During his tenure, the best fund return was 95.2%, while the worst was -16.74% [2]