Market Overview - The professional chain sector experienced a slight decline of 0.12% on September 10, with Kid King leading the drop [1] - The Shanghai Composite Index closed at 3812.22, up 0.13%, while the Shenzhen Component Index closed at 12557.68, up 0.38% [1] Individual Stock Performance - Doctor Glasses (300622) closed at 34.02, with an increase of 1.34% and a trading volume of 84,900 shares, totaling a transaction value of 287 million [1] - Aiying Room (603214) closed at 19.15, up 0.58%, with a trading volume of 34,400 shares and a transaction value of 65.78 million [1] - Tianyin Holdings (000829) closed at 9.62, down 0.10%, with a trading volume of 127,500 shares and a transaction value of 123 million [1] - Huazhi Wine (300755) closed at 17.78, down 0.11%, with a trading volume of 64,500 shares and a transaction value of 115 million [1] - Yanshida (002416) closed at 11.77, down 0.17%, with a trading volume of 149,500 shares and a transaction value of 177 million [1] - Jifeng Technology (300022) closed at 8.35, down 0.24%, with a trading volume of 71,200 shares and a transaction value of 59.42 million [1] - Kid King (301078) closed at 11.66, down 0.68%, with a trading volume of 297,700 shares and a transaction value of 349 million [1] Fund Flow Analysis - The professional chain sector saw a net outflow of 61.614 million from main funds, while retail funds experienced a net inflow of 34.6634 million [1] - The detailed fund flow for individual stocks indicates that Doctor Glasses had a main fund net outflow of 13.1373 million, while retail funds saw a net outflow of 26.6929 million [2] - Aiying Room had a main fund net inflow of 5.0797 million, with retail funds showing a net outflow of 1.3364 million [2] - Kid King experienced a significant main fund net outflow of 56.0553 million, while retail funds had a net inflow of 53.7775 million [2]

截至发稿，胡泽累计任职时间2年94天，现任基金资产总规模26.39亿元，任职期间最佳基金回报 101.16%， 任职期间最差基金回报-8.88%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 数据显示，永赢基金旗下1只基金位居吉峰科技十大流通股东。永赢低碳环保智选混合发起A （016386）二季度新进十大流通股东，持有股数494.44万股，占流通股的比例为1%。根据测算，今日 浮盈赚取约207.66万元。 永赢低碳环保智选混合发起A（016386）成立日期2022年10月17日，最新规模1.77亿。今年以来收益 2.39%，同类排名7209/8178；近一年收益51.58%，同类排名1943/7978；成立以来亏损14.42%。 永赢低碳环保智选混合发起A（016386）基金经理为胡泽。 9月5日，吉峰科技涨5.11%，截至发稿，报8.64元/股，成交1.58亿元，换手率3.83%，总市值42.70亿 元。 资料显示，吉峰三农科技服务股份有限公司位于四川省成都市郫县成 ...

| 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 301078 | 孩子王 | > 552.43万 | 1.37% | -1256.13万 | -3.12% | 703.70万 | 1.75% | | 603214 | 爱婴室 | 110.06万 | 1.04% | -1322.89万 | -12.53% | 1212.83万 | 11.49% | | 002416 | 爰施德 | 61.93万 | 0.31% | 442.49万 | 2.19% | -504.43万 | -2.49% | | 000829 天音控股 | | -366.57万 | -2.29% | 792.01万 | 4.94% | -425.43万 | -2.66% | | 300022 吉峰科技 | | -385.10万 | -3.26% | 510.46万 | 4.32% | -125.36万 | -1.06% | | 300755 华致酒行 ...

Core Viewpoint - After the change of actual controller, Jifeng Technology (300022.SZ) is undergoing significant transformations, including the establishment of a wholly-owned subsidiary, Jifeng Aviation, to focus on the low-altitude economy [1][2][9] Group 1: Company Developments - On September 5, Jifeng Technology announced the establishment of Jifeng Aviation with a capital of 50 million yuan, aimed at developing the low-altitude economy business [1][2] - The actual controller of Jifeng Technology changed to Tian Gangyin, with Tian Gangqiang appointed as the new chairman [1][3][8] - The company is leveraging the advantages of its new controlling shareholder, Anhui Lanshi, and its indirect controlling shareholder, Shenzhen United Aircraft Technology, to enhance its low-altitude business [4][9] Group 2: Financial Performance - In 2024, Jifeng Technology reported a revenue of 2.709 billion yuan, a year-on-year increase of 2.24%, but incurred a net loss of 30.81 million yuan [6] - In the first half of 2025, the company achieved a revenue of 1.462 billion yuan, a slight decrease of 0.45%, while net profit increased by 177.01% to 4.0473 million yuan [7]

Investment Rating - The report maintains a "Recommendation" rating for the low-altitude economy sector, indicating an expected increase in the industry index exceeding the benchmark index by more than 5% in the next 3-6 months [49]. Core Insights - The report emphasizes the progress of companies such as Wanfu, Zongshen, Sichuang, and Jifeng in the low-altitude sector, highlighting their innovative capabilities and strategic partnerships [4][5]. - The low-altitude economy is projected to thrive, driven by advancements in urban air mobility (UAM) and the development of eVTOL (electric Vertical Take-Off and Landing) aircraft, with Wanfu as a leading player [7][8]. - The report outlines the performance of the Huachuang Transportation Low-altitude 60 Index, which decreased by 4.5% this week but has increased by 18.1% year-to-date, outperforming the Shanghai and Shenzhen 300 Index [23][24]. Summary by Sections Industry Basic Data - The low-altitude economy sector comprises 121 listed companies with a total market capitalization of 32,786.20 billion and a circulating market value of 28,031.62 billion [2]. - The absolute performance over the last 1 month, 6 months, and 12 months is -0.7%, 4.8%, and 15.4%, respectively, while the relative performance is -9.4%, -9.5%, and -21.6% [2]. Company Developments - **Wanfu Aowei**: Showcased the VoloCity eVTOL model at the 2025 World Intelligent Industry Expo, emphasizing its role in urban air transportation and the strategic importance of acquiring Volocopter [5][7]. - **Zongshen Power**: Signed a strategic cooperation agreement with Shanhe Star Aviation to launch a light sport aircraft powered by Zongshen's CA500 engine, marking a significant step in the low-altitude economy [11][14]. - **Sichuang Electronics**: Presented its low-altitude safety solutions at the 2025 Fourth Low-altitude Economic Development Conference, focusing on urban safety monitoring [16][18]. - **Jifeng Technology**: Established Jifeng Aviation to enhance its low-altitude business, leveraging partnerships in the drone sector to create new revenue streams [21][22]. Investment Recommendations - The report suggests focusing on key segments within the low-altitude economy, including manufacturers like Wanfu Aowei and Xirui, supply chain players like Zongshen Power, and digital infrastructure companies like Lais Information [31][32]. - The report highlights the potential for growth in three main application scenarios for the low-altitude economy: cultural tourism, passenger transport, and cargo transportation [31].

Group 1 - Huaneng Power announced that its shareholder Hunan Energy Group plans to reduce its stake by up to 20.31 million shares, not exceeding 1% of the total share capital [1] - Ankai Bus reported a production of 1,012 buses in August, a year-on-year increase of 68.06%, with sales of 773 buses, up 46.95% year-on-year [1] - Lianhuan Pharmaceutical received a drug registration certificate for Famotidine injection, classified as a Class 3 chemical drug [1][2] Group 2 - Dongrui Co. reported sales of 94,800 pigs in August, generating revenue of 160 million yuan, a month-on-month decrease of 5.48% [3] - Tiancheng Control's subsidiary received a notification for a passenger car seat assembly project, expected to start production in April 2026 [5] - ST Huluwa obtained a drug registration certificate for Cefodizime capsules, a third-generation broad-spectrum cephalosporin [6] Group 3 - Jiulong Biotech announced the resignation of its Vice Chairman and General Manager Liang Hongjun due to work adjustments [8] - Guanhua High-tech's shareholder plans to reduce its stake by up to 17.50 million shares, not exceeding 1% of the total share capital [9] - Hebei Steel received approval to issue bonds totaling up to 10 billion yuan [10] Group 4 - Yunnan Energy Investment's subsidiaries received a total of 309 million yuan in renewable energy price subsidies [12] - Zhenghong Technology reported sales of 16,800 pigs in August, with a revenue of 22.87 million yuan, showing a year-on-year increase in sales volume of 63.31% [14] - Jilin Aodong's subsidiary received a drug registration certificate for a solution used in asthma treatment [16] Group 5 - Aonong Biological reported a 26.84% year-on-year increase in pig sales volume in August, reaching 150,100 pigs [18] - Xingdesheng announced a share repurchase plan with a budget of 15 to 30 million yuan [20] - Yueyang Lin Paper's Chairman Ye Meng resigned due to work adjustments [22] Group 6 - Kangchen Pharmaceutical's controlling shareholder plans to reduce its stake by up to 4.78 million shares, not exceeding 3% of the total share capital [23] - Changchun Yidong's General Manager Liu Xiaodong resigned due to work adjustments [25] - Zhongzai Resources' subsidiary received a government subsidy of 12.75 million yuan [26] Group 7 - Tianyu Biological reported a 41.89% month-on-month increase in sales revenue from pig sales in August [27] - Changfei Optical's shareholder Draka Comteq B.V. reduced its stake from 10% to 5% [27] - Zhongchuan Technology's Chairman Wu Xingwang resigned due to work adjustments [28] Group 8 - Huakang Clean announced a successful bid for a medical service construction project valued at 131 million yuan [29] - Yuegui Co. plans to establish a wholly-owned subsidiary with a registered capital of 100 million yuan [31] - Baisheng Intelligent's Vice General Manager and Board Secretary Huang Lijun resigned for personal reasons [32] Group 9 - Jiangsu Shuntian will change its stock name to "Suhao Fashion" starting September 10, 2025 [34] - Jiahe Meikang's shareholder plans to reduce its stake by up to 1.3759 million shares, not exceeding 1% of the total share capital [35] - Heng Rui Pharmaceutical received approval for clinical trials of HRS-4729 injection [37] Group 10 - Changfei Optical's shareholder plans to reduce its stake by up to 110,000 shares, not exceeding 0.15% of the total share capital [39] - Yutong Bus reported sales of 4,260 vehicles in August, a year-on-year increase of 16.78% [40] - JinkoSolar received 646 million yuan in renewable energy subsidies in August, a 248% increase year-on-year [41] Group 11 - Beijing Lier signed a strategic cooperation agreement with SenseTime and Xiwang Technology for AI collaboration [43] - Gongdong Medical's controlling shareholder plans to reduce its stake by up to 3% [44] - Zhonghuan Hailu terminated its control change plan and resumed trading [46] Group 12 - Longzi Co. reported a tax payment of 22.27 million yuan due to a tax audit [48] - Guoguang Chain's controlling shareholder plans to reduce its stake by up to 2.99% [49] - Guoxin Technology successfully tested a new high-performance chip for automotive electronics [50] Group 13 - GF Securities reported a cumulative increase in borrowings exceeding 20% of its net assets [51] - China Construction Bank's subsidiary plans to increase capital by 3 billion yuan [52] - Jifeng Technology plans to establish a wholly-owned subsidiary with a capital of 50 million yuan [53] Group 14 - Jiantou Energy received approval for a stock issuance plan to specific investors [54] - Shanghai Laishi's executives plan to collectively increase their holdings by at least 6 million yuan [55] - Wencan Co. reported a fire incident at its subsidiary, with no casualties reported [56]

Market Overview - On September 5, the professional chain sector increased by 1.46% compared to the previous trading day, with Jifeng Technology leading the gains [1] - The Shanghai Composite Index closed at 3812.51, up 1.24%, while the Shenzhen Component Index closed at 12590.56, up 3.89% [1] Stock Performance - Jifeng Technology (300022) closed at 8.53, with a rise of 3.77% and a trading volume of 252,700 shares, amounting to a transaction value of 212 million yuan [1] - Yanshida (002416) closed at 12.06, up 2.81%, with a trading volume of 252,200 shares and a transaction value of 300 million yuan [1] - Doctor Glasses (300622) closed at 34.96, up 2.28%, with a trading volume of 109,600 shares and a transaction value of 378 million yuan [1] - Tianyin Holdings (000829) closed at 9.90, up 2.06%, with a trading volume of 165,800 shares and a transaction value of 162 million yuan [1] - Huazhi Wine (300755) closed at 17.63, up 1.32%, with a trading volume of 66,500 shares and a transaction value of 115 million yuan [1] - Aiyingshi (603214) closed at 18.92, up 0.16%, with a trading volume of 58,700 shares and a transaction value of 110 million yuan [1] - Kids Wang (301078) closed at 11.90, down 0.83%, with a trading volume of 514,700 shares and a transaction value of 605 million yuan [1] Capital Flow Analysis - The professional chain sector experienced a net outflow of 10.57 million yuan from institutional investors, while retail investors saw a net inflow of 17.32 million yuan [1] - Jifeng Technology had a net inflow of 19.79 million yuan from institutional investors, but a net outflow of 18.66 million yuan from retail investors [2] - Yanshida saw a net inflow of 6.99 million yuan from institutional investors, with a net outflow of 14.36 million yuan from speculative funds and a net inflow of 0.74 million yuan from retail investors [2] - Doctor Glasses had a net outflow of 6.52 million yuan from institutional investors, while retail investors contributed a net inflow of 10.97 million yuan [2] - Kids Wang experienced a significant net outflow of 30.06 million yuan from institutional investors, but retail investors contributed a net inflow of 26.58 million yuan [2]

Group 1 - The company, Jifeng Technology, announced the convening of its first extraordinary general meeting of shareholders for 2025 on September 4, 2025 [2] - The meeting will review and approve the proposal regarding the election of non-independent directors for the sixth board of directors [2]

Core Viewpoint - Jifeng Technology announced on the evening of September 4 that its sixth board of directors held the 31st meeting, during which several proposals were approved, including the proposal for its subsidiary to apply for bank credit [2] Group 1 - The board meeting approved multiple proposals, indicating active corporate governance and strategic planning [2] - The proposal for bank credit application suggests a potential expansion or operational enhancement for the subsidiary [2]

Group 1 - On September 4, Jifeng Technology (300022) held a temporary shareholders' meeting and board meeting, completing the election of the board of directors and senior management [1] - In July, Anhui Lanshi and Hubei Shangjing announced the transfer of a total of 97,118,200 shares of Jifeng Technology, accounting for 19.65% of the total share capital, which has been confirmed by the Shenzhen Stock Exchange [3] - The controlling shareholder of Jifeng Technology has changed to Anhui Lanshi, with Tian Gangyin as the actual controller [3] Group 2 - Following the change of control, the board of directors received resignation letters from Chairman Huang Lei and Vice Chairman Wang Huijun, with eight new candidates nominated for the sixth board of directors [4] - Tian Gangqiang was elected as the new chairman of Jifeng Technology, and he is also the brother of the actual controller Tian Gangyin [4] - The new board will focus on deepening business collaboration and seizing strategic opportunities in the low-altitude economy and drone sector [4] Group 3 - On the same day, the board approved the establishment of Jifeng Aviation Technology (Sichuan) Co., Ltd. with an investment of 50 million yuan, aimed at developing low-altitude new business [5] - Jifeng Aviation will serve as the investment and operation platform for the low-altitude industry [5]