Group 1 - The report indicates that the "bull market atmosphere" is continuously strengthening, with the main logic of "anti-involution" significantly improving the supply-demand structure for midstream manufacturing in 2026 [6][14] - The report suggests that the conditions for residents to fully allocate equity are still lacking, but the profit effect is accelerating, potentially leading to an earlier time for comprehensive incremental speculation in A-shares [6][14] - The report recommends actively seeking new structural opportunities in the current market phase, which is seen as a transitional stage for the market to find the main structure of the bull market [6][14] Group 2 - The report highlights the "iron triangle" stocks: Ruike Laser, Giant Network, and Heng Rui Medicine, which are expected to perform well due to their strong market positions and growth potential [6][17] - Other recommended stocks include: Pengding Holdings, Yangnong Chemical, Sun Paper, Zhongmin Resources, China Shipbuilding, Maifusi (Hong Kong), and Jianfa International Group (Hong Kong) [6][17] - The report emphasizes the importance of technology with industrial trend catalysts and midstream manufacturing with improved supply-demand dynamics as key investment themes [6][14] Group 3 - The previous stock combination from July 1 to July 31, 2025, achieved a return of 5.11%, with A-shares averaging a 3.53% increase, while the Hang Seng Index saw an increase of 2.91% [6][2] - Since the first release of the stock combination on March 28, 2017, the cumulative increase has reached 322.85%, with A-shares up 251.34% and Hong Kong stocks up 809.47% [6][2] - The report provides detailed performance metrics for the recommended stocks, including market capitalization and price changes, indicating a strong performance relative to benchmarks [6][15]

Group 1 - The fund "Chunhou Era Selected Mixed A" was established on January 27, 2022, and has a total management scale of 0.16 billion [1] - As of July 30, 2025, the fund achieved a one-year return of 21.87%, outperforming the benchmark growth rate of 21.68% [1] - The fund's maximum drawdown over the past three years was 39.43% as of July 30, 2025 [1] - The proportion of institutional investors in the fund reached 13.28% according to the 2024 annual report [1] Group 2 - The company is expanding its capacity in the AI server sector, with production facilities in Huai'an, China, and Thailand [2] - The company is actively collaborating with terminal customers in the server market, with the first phase of the Thailand facility completed and in the customer certification and sampling stage [2] - The production cost differences between the Thailand and mainland facilities will be assessed after formal mass production begins [2] - The company's capital expenditure this year is focused on the Thailand facility, soft board expansion, and high-end HDI and SLP projects in Huai'an [2] - The new product requirements are expected to impose higher demands on production processes and performance [2] - The new capacity deployment cycle is approximately six months from equipment layout to production [2] - The company is set to achieve customer certification for optical modules in the second half of 2024 and is actively seeking new clients [2]

Group 1 - The PCB sector experienced a decline in the afternoon trading session on July 31, with significant drops in stock prices [1] - Shijia Photon saw a nearly 10% decrease in its stock price, indicating a notable downturn in investor sentiment [1] - Other companies in the PCB sector, including Changxin Bochuang, Taicheng Guang, Pengding Holdings, and Hengtong Optic-Electric, also experienced declines in their stock prices [1]

A股光模块、PCB等算力硬件股午后震荡回落，仕佳光子跌近10%，长芯博创、太辰光、鹏鼎控股、亨 通光电等跟跌，早盘一度涨超5%的新易盛震荡回落翻绿。 ...

Core Viewpoint - Pengding Holdings' stock price reached a historical high, reflecting strong market performance and positive financial indicators [2] Company Performance - As of 9:35, the stock price increased by 2.22% to 55.30 yuan, with a trading volume of 6.6345 million shares and a transaction value of 365 million yuan, resulting in a turnover rate of 0.29% [2] - The latest total market capitalization of the company is 128.188 billion yuan, with a circulating market value of 127.565 billion yuan [2] - The company reported a first-quarter revenue of 8.087 billion yuan, representing a year-on-year growth of 20.94%, while net profit was 488 million yuan, a year-on-year decrease of 1.83% [2] - The basic earnings per share were 0.2100 yuan, and the weighted average return on equity was 1.51% [2] - The company issued a half-year performance forecast on July 15, expecting a net profit between 1.198 billion yuan and 1.260 billion yuan, indicating a year-on-year change range of 52.79% to 60.62% [2] Industry Overview - The electronic industry, to which Pengding Holdings belongs, experienced an overall increase of 1.04%, with 419 stocks rising, including notable gainers like N Dingjia (up 439.87%), Dongxin Co. (up 19.83%), and Siquan New Materials (up 17.13%) [2] - Conversely, 55 stocks in the industry saw declines, with the largest drops from Ashi Chuang (down 3.29%), Rongda Photoelectric (down 2.79%), and Electric Connection Technology (down 1.46%) [2] - The latest margin trading data shows that as of July 30, the margin balance for the stock was 1.352 billion yuan, with a financing balance of 1.347 billion yuan, reflecting a recent increase of 173 million yuan, or a 14.76% growth [2]

Group 1 - The company's stock experienced an abnormal trading fluctuation, with a cumulative closing price increase of 20.62% over three consecutive trading days from July 28 to July 30, 2025 [2] - The company conducted an internal review and confirmed that there were no undisclosed significant matters that could have impacted the stock price, and the operational environment remained stable [3][4] - The board of directors affirmed that there are no undisclosed matters that should be reported according to the Shenzhen Stock Exchange regulations, and previous disclosures do not require correction or supplementation [4] Group 2 - The company has not identified any media reports or market rumors that require clarification or response during the period of stock price fluctuation [3] - The company plans to disclose its 2025 semi-annual report on August 13, 2025, and the preparation of this report is progressing smoothly [5] - The company emphasizes that all information should be verified against the announcements published in designated media, including Securities Times and Shanghai Securities Journal [5]

Core Viewpoint - The PCB (Printed Circuit Board) industry is experiencing high prosperity driven by the artificial intelligence wave, with several A-share listed companies expecting significant profit growth in the first half of 2025 [1][2]. Company Performance - Huadian Electronics Co., Ltd. expects a net profit of 1.65 billion to 1.75 billion yuan for the first half of 2025, representing a year-on-year growth of 44.63% to 53.40% [1]. - Nanya New Materials Technology Co., Ltd. anticipates a net profit of 80 million to 95 million yuan for the same period, with a year-on-year increase of 44.69% to 71.82% [2]. Industry Demand - The demand for high-end PCBs is surging due to the growth of artificial intelligence and related technologies, which require more complex and high-performance PCB products [2][3]. - The automotive electrification and intelligence trends are also expanding the PCB market space [2]. Capacity Utilization - Major companies like Shenghong Technology and Pengding Holdings report high capacity utilization rates, indicating strong demand and order volumes for advanced products [2]. - Shenghong Technology has significant orders for high-end HDI and multilayer boards, while Pengding Holdings has improved its capacity utilization compared to the previous year [2]. Strategic Investments - Companies are increasing investments in high-end PCB production capacity, with Shenghong Technology expanding its HDI and multilayer board capacity [2]. - Huadian Electronics plans to invest approximately 4.3 billion yuan in a new high-end PCB expansion project, which has already commenced construction [2]. - Pengding Holdings is focusing its capital expenditures on expanding its facilities in Thailand and enhancing its high-end product lines [2].

证券代码：002938 证券简称：鹏鼎控股 公告编号：2025-047 鹏鼎控股（深圳）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、股票交易异常波动情况介绍 鹏鼎控股（深圳）股份有限公司（以下简称"公司"）股票于 2025 年 7 月 28 日、2025 年 7 月 29 日、2025 年 7 月 30 日连续 3 个交易日收盘价格涨幅偏离值 累计达 20.62%，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。 二、公司关注、核实情况 三、是否存在应披露而未披露信息的说明 本公司董事会确认，本公司目前没有任何根据深交所《股票上市规则》等有 关规定应予以披露而未披露的事项或与该事项有关的筹划、商谈、意向、协议等； 董事会也未获悉本公司有根据深交所《股票上市规则》等有关规定应予以披露而 未披露的、对本公司股票及其衍生品种交易价格产生较大影响的信息；公司前期 披露的信息不存在需要更正、补充之处。 四、风险提示 （www.cninfo.com.cn）披露了《2025 年半年度业绩预告》，相关业绩预告不存在 ...

Group 1: Company Performance - Ningde Times reported a net profit of 30.5 billion yuan for the first half of the year, representing a year-on-year increase of 33.02% [1] - The company achieved revenue of 178.9 billion yuan, an increase of 7.27% compared to the same period last year [1] - Gross profit reached 44.8 billion yuan, up 14.45% year-on-year, with a gross margin of 25.02%, an increase of 1.57 percentage points from the previous year [1] Group 2: Stock Trading and Suspensions - Shangwei New Materials announced a suspension of trading due to multiple instances of abnormal stock price fluctuations, with the suspension expected to last no more than three trading days [2] - Jinchengzi is planning to acquire 55% of Samit Optoelectronics, leading to a stock suspension for up to ten trading days [3] - Sanchao New Materials is also planning a change in control, resulting in a stock suspension for up to two trading days [6] - Hehua Co. announced a stock suspension due to potential changes in its controlling shareholder [9] Group 3: Major Investments and Projects - Changjiang Electric Power plans to invest approximately 26.6 billion yuan in the construction of the Gezhouba Navigation Capacity Expansion Project [5] - The company will use its own funds for this investment, with the final amount to be confirmed based on state-approved preliminary design estimates [5] Group 4: Other Corporate Actions - Sunshine Dairy's controlling shareholder sold a total of 1.1452 million shares, accounting for 0.41% of the company's total share capital, without triggering any significant changes in control [4] - Nanjing Pharmaceutical is in the process of planning the acquisition of a domestic pharmaceutical technology asset group, with uncertainty regarding whether it constitutes a major asset restructuring [7]

证券日报网讯 7月30日晚间，鹏鼎控股发布公告称，公司股票于2025年7月28日、2025年7月29日、2025 年7月30日连续3个交易日收盘价格涨幅偏离值累计达20.62%，属于股票交易异常波动。经核查，公司 前期披露的信息不存在需要更正、补充之处；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。 （编辑 姚尧） ...