Market Overview - On November 11, the real estate service sector rose by 0.37% compared to the previous trading day, with Xin Dazheng leading the gains [1] - The Shanghai Composite Index closed at 4002.76, down 0.39%, while the Shenzhen Component Index closed at 13289.0, down 1.03% [1] Stock Performance - Key stocks in the real estate service sector showed varied performance, with Xin Dazheng closing at 12.73, up 2.99%, and Wo Ai Wo Jia closing at 2.94, down 0.34% [1][2] - The trading volume and turnover for major stocks included: - Xin Dazheng: 81,500 shares, turnover of 103 million yuan - Huangting International: 437,800 shares, turnover of 106 million yuan - Zhaoshang Jiyu: 95,800 shares, turnover of 115 million yuan [1] Capital Flow - The real estate service sector experienced a net outflow of 61.58 million yuan from institutional investors, while retail investors saw a net inflow of 47.61 million yuan [2] - The capital flow for individual stocks indicated: - Te Fa Service: net inflow of 11.64 million yuan from institutional investors - Xin Dazheng: net inflow of 5.75 million yuan from institutional investors, but a net outflow of 10.80 million yuan from retail investors [3]

Core Viewpoint - New Dazheng's stock price has shown a significant increase this year, with a year-to-date rise of 41.26%, indicating strong market performance and investor interest [1][2]. Company Overview - New Dazheng Property Group Co., Ltd. is located in Chongqing and was established on December 10, 1998, with its listing date on December 3, 2019. The company specializes in smart city public building and facility management, providing comprehensive property management services, professional management services, and value-added services [1]. - The revenue composition of New Dazheng includes: basic business 87.79%, urban services 8.22%, innovative business 3.86%, and others 0.13% [1]. Financial Performance - For the period from January to September 2025, New Dazheng reported operating revenue of 2.272 billion yuan, a year-on-year decrease of 11.82%, and a net profit attributable to shareholders of 104 million yuan, down 2.97% year-on-year [2]. - Since its A-share listing, New Dazheng has distributed a total of 381 million yuan in dividends, with 197 million yuan distributed over the past three years [3]. Shareholder Information - As of September 30, 2025, New Dazheng had 15,200 shareholders, an increase of 6.68% from the previous period, with an average of 14,059 circulating shares per shareholder, a decrease of 6.26% [2]. - Among the top ten circulating shareholders, Dongfanghong Yuanjian Value Mixed A (010714) ranks as the seventh largest, holding 2.8237 million shares, an increase of 90,100 shares from the previous period [3].

Market Overview - On November 7, the real estate service sector rose by 0.28% compared to the previous trading day, with China Merchants Jin Yu leading the gains [1] - The Shanghai Composite Index closed at 3997.56, down 0.25%, while the Shenzhen Component Index closed at 13404.06, down 0.36% [1] Individual Stock Performance - China Merchants Jin Yu (001914) closed at 11.60, up 1.75% with a trading volume of 94,100 shares and a transaction value of 109 million yuan [1] - I Love My Home (000560) closed at 2.91, up 1.04% with a trading volume of 928,800 shares and a transaction value of 269 million yuan [1] - Other notable performers include Zhongtian Service (002188) at 6.44, up 0.63%, and Shilianhang (002285) at 2.40, up 0.42% [1] Capital Flow Analysis - The real estate service sector saw a net inflow of 23.17 million yuan from institutional investors, while retail investors experienced a net outflow of 135.92 million yuan [2] - The main capital flow data indicates that I Love My Home had a significant net outflow of 37.47 million yuan from institutional investors [3] - Conversely, Huangting International (000056) experienced a net inflow of 9.17 million yuan from institutional investors [3]

Core Points - The real estate service sector experienced a decline of 0.63% on November 6, with Huangting International leading the drop [1] - The Shanghai Composite Index closed at 4007.76, up 0.97%, while the Shenzhen Component Index closed at 13452.42, up 1.73% [1] Stock Performance Summary - South Property (603506) closed at 12.78, up 0.63% with a trading volume of 29,600 and a turnover of 37.64 million [1] - New Dazheng (002968) closed at 12.44, up 0.57% with a trading volume of 54,200 and a turnover of 66.84 million [1] - China Merchants Jiyu (001914) closed at 11.40, up 0.53% with a trading volume of 51,000 and a turnover of 57.98 million [1] - Zhongtian Service (002188) closed at 6.40, up 0.16% with a trading volume of 61,600 and a turnover of 39.17 million [1] - Wo Ai Wo Jia (000560) closed at 2.88, unchanged with a trading volume of 492,000 and a turnover of 141 million [1] - ST Mingcheng (600136) closed at 1.87, down 1.06% with a trading volume of 162,900 and a turnover of 30.41 million [1] - Tefa Service (300917) closed at 40.48, down 1.08% with a trading volume of 27,500 and a turnover of 112 million [1] - Ningbo Fuda (600724) closed at 5.50, down 1.08% with a trading volume of 129,500 and a turnover of 71.04 million [1] - Shilianhang (002285) closed at 2.39, down 1.24% with a trading volume of 329,200 and a turnover of 78.61 million [1] - Zhujiang Co. (600684) closed at 4.93, down 2.38% with a trading volume of 297,400 and a turnover of 146 million [1] Capital Flow Analysis - The real estate service sector saw a net outflow of 10.91 million from institutional investors, while retail investors had a net inflow of 2.90 million [2] - Huangting International (000056) had a net outflow of 8.45 million from retail investors, despite a net inflow of 6.83 million from institutional investors [3] - Shilianhang (002285) experienced a net outflow of 6.23 million from retail investors, with a net inflow of 6.39 million from institutional investors [3] - New Dazheng (002968) had a net outflow of 4.11 million from retail investors, while institutional investors saw a net inflow of 6.27 million [3] - China Merchants Jiyu (001914) had a net outflow of 1.58 million from retail investors, with a net inflow of 4.54 million from institutional investors [3]

Market Overview - On November 5, the real estate service sector rose by 0.2% compared to the previous trading day, with Shijie Holdings leading the gains [1] - The Shanghai Composite Index closed at 3969.25, up 0.23%, while the Shenzhen Component Index closed at 13223.56, up 0.37% [1] Individual Stock Performance - Shijie Holdings (002285) closed at 2.42, with a gain of 2.11% and a trading volume of 499,500 shares, amounting to 120 million yuan [1] - Huangting International (000056) closed at 2.44, up 1.67%, with a trading volume of 403,200 shares, totaling 98.26 million yuan [1] - Ningbo Fuda (600724) closed at 5.56, gaining 1.28%, with a trading volume of 169,300 shares, amounting to 93.75 million yuan [1] - Other notable performances include Zhongtian Service (002188) at 6.39 (+1.11%), Xinda Zheng (002968) at 12.37 (+0.98%), and Te Fa Service (300917) at 40.92 (+0.42%) [1] Capital Flow Analysis - The real estate service sector experienced a net outflow of 75.6 million yuan from institutional investors, while retail investors saw a net inflow of 80.35 million yuan [2][3] - The detailed capital flow for individual stocks shows that Shijie Holdings had a net outflow of 6.57 million yuan from institutional investors, while retail investors contributed a net inflow of 11.40 million yuan [3] - Huangting International faced a significant net outflow of 11.36 million yuan from institutional investors, with a net inflow of 11.66 million yuan from retail investors [3]

Core Viewpoint - The company, Xin Dazheng, announced the implementation of a share buyback program, having repurchased 597,300 shares, which represents 0.26% of its total share capital [2] Summary by Relevant Sections - **Share Buyback Details** - As of October 31, 2025, the company has completed the repurchase of 597,300 shares [2] - This repurchase accounts for 0.26% of the company's total share capital [2]

Core Viewpoint - New Dazheng (002968.SZ) has implemented a share buyback program, repurchasing a total of 597,300 shares, which represents 0.26% of the company's total share capital [1] Summary by Category Share Buyback Details - The company has repurchased 597,300 shares as of October 31, 2025 [1] - The highest transaction price during the buyback was 13.08 CNY per share, while the lowest was 11.90 CNY per share [1] - The total transaction amount for the buyback reached 7.2815 million CNY, excluding transaction fees [1]

Company Summary - New Dazheng (SZ 002968) announced a share buyback of approximately 600,000 shares, accounting for 0.26% of the total share capital, with a total transaction value of about 7.28 million yuan [1] - The highest transaction price during the buyback was 13.08 yuan per share, while the lowest was 11.9 yuan per share [1] - As of the report, New Dazheng's market capitalization stands at 2.8 billion yuan [1] Industry Summary - A significant increase in overseas orders has been reported, with a surge of 246%, covering over 50 countries and regions [1] - Entrepreneurs have raised concerns about potential vicious competition, as some companies are selling at a loss [1]

新大正物业集团股份有限公司（以下简称"公司"）于 2025 年 4 月 27 日召开 第三届董事会第十三次会议和第三届监事会第十一次会议，审议通过了《关于公 司回购股份方案的议案》，同意公司使用自有资金以集中竞价交易方式回购部分公 司已在境内发行的人民币普通股（A 股）股票，用于后续实施员工持股计划或股 权激励。拟用于回购资金总额不低于人民币 1,000 万元、不超过人民币 2,000 万元， 回购价格不超过人民币 13.96 元/股，2024 年度权益分派实施后相应调整为不超过 13.78 元/股。 证券代码：002968 证券简称：新大正 公告编号：2025-049 新大正物业集团股份有限公司 关于股份回购进展情况的公告 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。 2025 年 9 月 26 日，公司召开第三届董事会第十五次会议，审议通过了《关于 股份回购价格调整的议案》，将回购价格上限由 13.78 元/股调整为 16.79 元/股。具 体回购股份数量以回购期限届满时实际回购股份数量为准。具体内容详见公司在 《证券时报》《上海证券报》和巨潮资讯网（w ...

Core Insights - The real estate service sector experienced a slight decline of 0.09% on November 4, with Nandu Property leading the drop [1] - The Shanghai Composite Index closed at 3960.19, down 0.41%, while the Shenzhen Component Index closed at 13175.22, down 1.71% [1] Stock Performance - Notable gainers included Ningbo Fuda, which rose by 2.43% to a closing price of 5.49, and Zhongtian Service, which increased by 1.61% to 6.32 [1] - Conversely, Nandu Property fell by 1.55% to 12.67, and ST Mingcheng decreased by 1.05% to 1.89 [2] Trading Volume and Value - The trading volume for Ningbo Fuda was 167,600 shares, with a transaction value of approximately 91.36 million yuan [1] - The total trading volume for the real estate service sector showed varied performance, with some stocks like Zhujiang Co. achieving a transaction value of 242 million yuan [1] Capital Flow Analysis - The real estate service sector saw a net outflow of 2.733 million yuan from institutional investors, while retail investors experienced a net outflow of 2.788 million yuan [2] - In contrast, speculative funds recorded a net inflow of 5.522 million yuan [2] Individual Stock Capital Flow - Zhujiang Co. had a net inflow of 18.9512 million yuan from institutional investors, while Nandu Property faced a significant net outflow of 10.8806 million yuan [3] - ST Mingcheng experienced a notable net outflow of 7.5417 million yuan from institutional investors, indicating a challenging trading environment [3]