Core Viewpoint - The electric motor sector experienced a rise of 2.41% on January 19, with Yifan Transmission leading the gains. The Shanghai Composite Index closed at 4114.0, up 0.29%, while the Shenzhen Component Index closed at 14294.05, up 0.09% [1]. Group 1: Market Performance - The electric motor sector saw a significant increase, with a net inflow of 291 million yuan from main funds, while retail investors experienced a net outflow of 206 million yuan [1]. - The closing prices and performance of key stocks in the electric motor sector were mixed, with notable declines in stocks like China Electric Motor (down 3.36%) and Xiangming Intelligent (down 1.36%) [1]. Group 2: Individual Stock Performance - Key stock performances included: - China Electric Motor (603988) closed at 28.75, down 3.36% with a trading volume of 117,800 shares and a transaction value of 338 million yuan [1]. - Xiangming Intelligent (301226) closed at 33.39, down 1.36% with a trading volume of 31,200 shares and a transaction value of 104 million yuan [1]. - Yifan Transmission (002249) showed a positive performance, closing at 11.26, up 0.99% with a trading volume of 1,431,500 shares [1].

Core Viewpoint - Koller Electric Motor Group Co., Ltd. has shown a mixed performance in stock price and financial results, with a notable increase in revenue but a significant decline in net profit [1][2]. Financial Performance - As of September 30, Koller reported a revenue of 1.385 billion yuan, representing a year-on-year growth of 13.16% [2]. - The net profit attributable to shareholders for the same period was 45.32 million yuan, which reflects a decrease of 35.91% compared to the previous year [2]. Stock Performance - On January 16, Koller’s stock price increased by 2.05%, reaching 13.43 yuan per share, with a trading volume of 1.03 billion yuan and a turnover rate of 1.60% [1]. - Year-to-date, the stock price has risen by 0.07%, with a 5-day increase of 0.37%, a 20-day increase of 8.05%, and a 60-day decrease of 1.68% [1]. Shareholder Information - As of September 30, the number of Koller shareholders decreased by 14.81% to 65,400, while the average number of circulating shares per person increased by 17.38% to 7,398 shares [2]. - The top ten circulating shareholders include several ETFs, with notable increases in holdings from the E Fund National Robot Industry ETF and the Huaxia CSI Robot ETF [3]. Business Overview - Koller specializes in the development, production, and sales of motors and intelligent drive control technologies, with its main revenue sources being smart home products (74.25%), motion control products (13.02%), and health and care products (11.06%) [1]. - The company is categorized under the power equipment industry, specifically in motors, and is associated with concepts such as new energy vehicles, Industry 4.0, automotive parts, servo systems, and robotics [1].

Core Viewpoint - Koller Electric Motor Group Co., Ltd. has shown a mixed performance in stock price and financial results, with a slight increase in stock price year-to-date but a significant decline in net profit year-over-year [2][3]. Stock Performance - As of January 12, Koller’s stock price increased by 2.02%, reaching 13.65 CNY per share, with a trading volume of 171 million CNY and a turnover rate of 2.63% [1]. - Year-to-date, Koller’s stock price has risen by 1.71%, with a 1.87% increase over the last five trading days and a 7.48% increase over the last 20 days, while it has decreased by 0.94% over the last 60 days [2]. Financial Performance - For the period from January to September 2025, Koller achieved a revenue of 1.385 billion CNY, representing a year-on-year growth of 13.16%. However, the net profit attributable to shareholders was 45.32 million CNY, reflecting a year-on-year decrease of 35.91% [2]. - Koller has distributed a total of 351 million CNY in dividends since its A-share listing, with 125 million CNY distributed over the last three years [3]. Shareholder Structure - As of September 30, 2025, Koller had 65,400 shareholders, a decrease of 14.81% from the previous period, with an average of 7,398 circulating shares per shareholder, an increase of 17.38% [2]. - The top ten circulating shareholders include several ETFs focused on robotics, with notable increases in holdings from E Fund and Huaxia ETFs [3].

Market Overview - As of December 30, the Shanghai Composite Index closed at 3965.1159 points, unchanged at 0% [1] - The Shenzhen Component Index rose by 0.49%, closing at 13604.067 points [1] Top Gainers in Hunan Stocks - *ST Zhanggu opened at 7.570 and closed at 7.570, with a gain of 4.99% [2] - *ST Gaosi opened at 8.230 and closed at 8.550, with a gain of 4.14% [2] - Mengjie Co., Ltd. opened at 3.910 and closed at 4.030, with a gain of 2.81% [2] - Keli'er opened at 13.390 and closed at 13.610, with a gain of 2.48% [2] - Changlan Technology opened at 18.310 and closed at 18.890, with a gain of 1.94% [2] Top Losers in Hunan Stocks - Hengli Tui opened at 0.160 and closed at 0.150, with a loss of 11.76% [3] - Dianguang Media opened at 11.580 and closed at 10.350, with a loss of 10.00% [3] - Boyun New Materials opened at 12.050 and closed at 11.720, with a loss of 4.95% [3] - Hunan Silver opened at 6.960 and closed at 6.990, with a loss of 3.98% [3] - *ST Biology opened at 9.190 and closed at 8.830, with a loss of 3.29% [3]

Core Viewpoint - The company Koli'er (002892) is progressing with its A-share issuance plan after approval from the shareholders' meeting, but it has not yet received approval from the Shenzhen Stock Exchange or the China Securities Regulatory Commission for the registration of this issuance [1] Group 1 - The company is conducting an A-share issuance to specific investors, which has been approved by the shareholders' meeting [1] - The final issuance price will be determined after approval from the Shenzhen Stock Exchange and the China Securities Regulatory Commission, based on the average trading price of the company's stock over the 20 trading days prior to the pricing benchmark, with a minimum of 80% of that average [1] - Any corporate actions such as cash dividends, stock splits, or capital reserve transfers occurring between the pricing benchmark date and the issuance date will lead to adjustments in the issuance floor price according to relevant rules from the Shenzhen Stock Exchange [1]

Core Viewpoint - The company emphasizes the importance of rationally viewing market fluctuations due to various factors such as macro policies, market environment, and industry cycle changes [1] Group 1 - The company adheres strictly to laws, regulations, and relevant supervisory requirements [1] - The company fulfills its information disclosure obligations in a timely manner [1] - There is no undisclosed information that should have been disclosed [1]

Market Performance - The electric motor sector increased by 0.9% compared to the previous trading day, with Huayang Intelligent leading the gains [1] - The Shanghai Composite Index closed at 3940.95, up 0.53%, while the Shenzhen Component Index closed at 13486.42, up 0.88% [1] Stock Performance - Huayang Intelligent (301502) closed at 44.19, with a rise of 2.27% and a trading volume of 6007.13 lots, amounting to 26.40 million yuan [1] - Weiguang Co. (002801) closed at 33.96, up 2.14%, with a trading volume of 22,200 lots and a turnover of 75.11 million yuan [1] - Xiangming Intelligent (301226) closed at 31.70, increasing by 1.99%, with a trading volume of 78,800 lots and a turnover of 256 million yuan [1] - Other notable stocks include Benrui Co. (300626) at 14.31 (+1.92%), Shenli Co. (618809) at 11.41 (+1.78%), and Dongyang Electric (002249) at 10.29 (+1.68%) [1] Capital Flow - The electric motor sector experienced a net outflow of 250 million yuan from main funds, while retail investors saw a net inflow of 287 million yuan [2] - The detailed capital flow indicates that Jiadian Co. (000922) had a main fund net inflow of 17.77 million yuan, while it faced a retail net outflow of 25.08 million yuan [3] - Shenli Co. (603813) had a main fund net inflow of 6.99 million yuan but also saw a retail net outflow of 6.20 million yuan [3]

Group 1 - The State Council emphasizes the need for all departments to align their actions with the central government's economic work requirements for the upcoming year, enhancing responsibility and urgency in implementing tasks [1] - The Ministry of Commerce highlights the importance of high-quality business development and international trade coordination, aiming to boost domestic and international economic cycles [2] - Researchers at Shanghai Jiao Tong University have achieved a breakthrough in all-optical computing chips, which could significantly enhance computational efficiency for AI and large-scale data processing [3] Group 2 - The National Internet Information Office and the China Securities Regulatory Commission have taken action against 17 accounts spreading rumors and illegal stock recommendations, emphasizing the need for accurate financial information dissemination [4] - Fujian Province has introduced a comprehensive financial support plan for technology innovation, aiming for a 10% annual growth in loans to technology-related industries by 2025-2027 [5] - The world's first commercial supercritical carbon dioxide power generation unit has successfully commenced operations, marking a significant advancement in energy technology [6] Group 3 - Moore Threads has launched a new GPU architecture, "Huagang," which boasts a 50% increase in computing density and a tenfold improvement in energy efficiency [7][8] - The first L3-level autonomous driving license has been issued to Changan Automobile, marking a significant milestone in the development of autonomous driving technology [9] - Nine U.S. pharmaceutical companies have reached agreements with the government to lower drug prices, indicating a shift towards more affordable healthcare solutions [10] Group 4 - The market has shown signs of recovery with a three-day rebound, although caution is advised as the overall trend has not yet confirmed a sustained upward movement [11] - Samsung has unveiled the world's first 2nm smartphone chip, which is expected to enhance performance significantly, indicating advancements in semiconductor technology [12]

Core Viewpoint - The company focuses on the research and manufacturing of core motion components, with a significant emphasis on the robotics sector, particularly in the robotic joint module business [1] Group 1: Company Strategy - The company is actively advancing the investment and construction of the Koli Intelligent Manufacturing Industrial Park project [1] - The plan includes integrating existing technologies and introducing advanced equipment to achieve large-scale production of robotic joint modules [1] - The company aims to continuously increase R&D investment to keep pace with new industry trends and opportunities [1] Group 2: Long-term Goals - The company is committed to creating long-term and stable investment returns for its shareholders [1]

Core Viewpoint - The company identifies drone motors as a significant development direction for the future, indicating a strategic focus on expanding its presence in the drone industry [1] Group 1: Business Development - The company has made sales to Shenzhen Meituan Low-altitude Logistics Technology Co., Ltd., marking its entry into the drone sector [1] - Currently, the revenue from this business segment is relatively small and has not significantly impacted the overall operating performance [1] Group 2: Future Plans - The company plans to actively expand its customer base within the drone industry, targeting other well-known clients [1]