Group 1 - The liquid cooling server sector is experiencing a significant upward trend, with multiple companies seeing substantial stock price increases [2] - Overclocking Three has reached a 20% limit up, indicating strong market interest and investor confidence [2] - Companies such as Tongfei Co., Ltd. and Invec have also reported notable gains, with increases of over 10% and 7% respectively [2] Group 2 - Jinfu Technology and Shenling Environment are also following the upward trend, suggesting a broader positive sentiment in the liquid cooling server industry [2]

Core Viewpoint - The establishment of Shanghai Jinjinfu New Materials Co., Ltd. indicates a strategic expansion by Jinfu Technology into the graphene materials market, reflecting a focus on new material technology development and sales [1] Company Summary - Shanghai Jinjinfu New Materials Co., Ltd. has been recently established with a registered capital of 10 million yuan [1] - The company is wholly owned by Jinfu Technology (300128) through indirect holdings [1] - The business scope includes research and development of new materials, electronic specialized materials, and sales of graphene materials among other products [1]

Core Viewpoint - Shanghai Jinjifu New Materials Co., Ltd. has been established with a registered capital of 10 million yuan, focusing on new materials technology research and development, electronic materials, and sales of graphite and carbon products [1] Company Summary - The legal representative of Shanghai Jinjifu New Materials Co., Ltd. is Zhang Rui [1] - The company is wholly owned by Jinfu Technology (300128) through indirect shareholding [1] Industry Summary - The business scope of the new company includes research and development of new materials, electronic specialized materials, and sales of graphene materials [1]

Core Viewpoint - The information disclosure evaluation results for listed companies in 2024 show a significant decline compared to 2022, with several companies, including Jinfu Technology, experiencing a drop in their ratings [1][2]. Group 1: Company Evaluation Results - Jinfu Technology's information disclosure rating decreased from B to D, a drop of two levels [1][2]. - Other companies that saw similar declines include Keda Manufacturing, which dropped to D from B, and multiple companies that fell from A to C or D [2][3]. Group 2: Company Profile - Jinfu Technology, established on March 29, 2004, and listed on October 13, 2010, is located in Suzhou Industrial Park, Jiangsu Province [3][5]. - The company's main business includes liquid crystal display modules (LCM and BLU), optoelectronic display films, electronic functional devices, testing fixtures, automation equipment, and precision die-cutting equipment [3][4]. - The revenue composition of Jinfu Technology is as follows: liquid crystal display modules and complete machines 31.67%, lithium battery components 25.16%, consumer electronic components 20.01%, testing fixtures and automation equipment 12.47%, automotive parts 5.13%, petroleum resin products 2.75%, and other products 2.27% [3]. Group 3: Industry Context - Jinfu Technology belongs to the sub-industry of electric power equipment, specifically in battery and lithium battery specialized equipment [4]. - The company is associated with several concept sectors, including aerogel, solar energy, share buybacks, margin financing, and lithium batteries [4].

Group 1 - The stock price of Jinfu Technology (300128) closed at 7.86 yuan on October 31, 2025, with an increase of 1.16% and a turnover rate of 11.85% [1] - On the same day, the net inflow of main funds was 42.14 million yuan, indicating significant accumulation [3] - The company plans to use no more than 100 million yuan of idle self-owned funds to purchase structured deposits or financial products, aiming to enhance fund utilization efficiency [2][3] Group 2 - Jinfu Technology intends to engage in foreign exchange derivative trading to hedge against foreign exchange market risks, with a trading limit of up to 100 million yuan or equivalent foreign currency [2][3] - The foreign exchange derivative trading will include products such as foreign exchange forwards, swaps, and options, with a validity period of 12 months from the board's approval [2]

关于苏州锦富技术股份有限公司 开展外汇衍生品交易业务的核查意见 国泰海通证券股份有限公司（以下简称"国泰海通证券"或"保荐人"） 作为苏州锦富技术股份有限公司（以下简称"公司"）向特定对象发行A股股票 并在创业板上市的保荐人，根据《证券发行上市保荐业务管理办法》《深圳证 券交易所创业板股票上市规则》《深圳证券交易所上市公司自律监管指引第2号 ——创业板上市公司规范运作》等有关规定，对公司开展外汇衍生品交易业务 的事项进行了核查，具体情况如下： 国泰海通证券股份有限公司 一、开展外汇衍生品交易业务的原因和目的 为有效规避外汇市场的风险，减少汇率大幅波动对公司业绩所造成的影响， 提高外汇资金使用效率，增加汇兑收益，锁定汇兑成本，公司及控股子公司拟开 展外汇衍生品交易业务。 但是也可能存在一定的风险： 1、市场风险：因外汇行情变动较大，可能产生因标的利率、汇率等市场价 格波动引起外汇衍生品价格变动，造成亏损的市场风险。 二、开展外汇衍生品交易业务的品种 公司及控股子公司开展的外汇衍生品交易品种均为与基础业务密切相关的 外汇衍生产品或组合，包括外汇远期、外汇掉期(互换)、外汇期权等。 三、开展外汇衍生品交易业务的额度 ...

国泰海通证券股份有限公司 关于苏州锦富技术股份有限公司 使用闲置自有资金购买结构性存款或理财产品的核查意见 国泰海通证券股份有限公司（以下简称"国泰海通证券"或"保荐人"） 作为苏州锦富技术股份有限公司（以下简称"公司"）向特定对象发行A股股票 并在创业板上市的保荐人，根据《证券发行上市保荐业务管理办法》《深圳证 券交易所上市公司自律监管指引第13号——保荐业务》《深圳证券交易所创业 板股票上市规则》《深圳证券交易所上市公司自律监管指引第2号——创业板上 市公司规范运作》等相关规定，对公司使用闲置自有资金购买结构性存款或理 财产品的事项进行了核查，具体情况如下： 一、投资概况 1、投资目的 为提高公司资金使用效率，在不影响公司主营业务正常经营的情况下，利用 公司及控股子公司的闲置自有资金择机购买结构性存款或理财产品，增加公司收 益，为公司和股东谋取较好的投资回报。 2、投资额度 公司使用额度不超过人民币 1 亿元的闲置自有资金购买结构性存款或理财 产品。在上述额度内，资金可以循环使用，使用期限内任一时点的交易金额(含 前述投资的收益进行再投资的相关金额)不应超过上述额度。 3、投资品种 为控制风险，上述额度内 ...

Core Viewpoint - Jinfeng Technology, established in 2004 and listed in 2010, is a leading manufacturer in the optoelectronic display film and electronic functional devices sector in China, with a comprehensive industry chain layout and differentiated advantages [1] Group 1: Business Performance - In Q3 2025, Jinfeng Technology achieved a revenue of 1.594 billion yuan, ranking 6th among 20 companies in the industry, with the industry leader, Sian Intelligent, generating 10.439 billion yuan [2] - The main business composition includes liquid crystal display modules and complete machines at 308 million yuan (31.67% of revenue) and lithium battery components at 245 million yuan (25.16% of revenue) [2] - The net profit for the same period was -192 million yuan, placing the company 19th in the industry, while the industry leader reported a net profit of 1.161 billion yuan [2] Group 2: Financial Ratios - As of Q3 2025, Jinfeng Technology's debt-to-asset ratio was 78.16%, an increase from 64.64% in the previous year, exceeding the industry average of 57.48% [3] - The gross profit margin for the same period was 6.31%, down from 12.45% year-on-year, and below the industry average of 25.79% [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 33.46% to 40,100, while the average number of circulating A-shares held per account decreased by 25.09% to 32,300 [5] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the sixth largest, holding 13.175 million shares as a new shareholder [5] Group 4: Executive Compensation - The chairman and general manager, Gu Qing, saw a reduction in salary from 1.3246 million yuan in 2023 to 775,000 yuan in 2024, a decrease of 549,600 yuan [4]

Group 1: Stock Issuance and Trading Alerts - Multiple stocks experienced significant abnormal fluctuations, including 香农芯创 (300475) and 天普股份 (605255) with announcements on October 24 and 21 respectively[1] - 盈新发展 (000620) and *ST宝鹰 (002047) had announcements on October 30 indicating potential trading alerts[1] - A total of 30 stocks were flagged for abnormal trading activities on October 30, indicating a heightened market volatility[1] Group 2: Recent Announcements - 许多公司如 ST万方 (000638) and 农心科技 (001231) had their announcements published on October 27, indicating ongoing corporate activities[2] - The report includes links to detailed announcements for 30 different stocks, providing transparency and access to information for investors[2] - The announcements cover a range of sectors, highlighting the diverse nature of the market and the potential for investment opportunities[2]

Core Viewpoint - Jinfu Technology's stock has experienced significant fluctuations, with a year-to-date increase of 54.56% and a recent drop of 2.33% on October 30, 2023, indicating volatility in investor sentiment and market activity [1][2]. Company Overview - Jinfu Technology, established on March 29, 2004, and listed on October 13, 2010, is located in Suzhou Industrial Park, Jiangsu Province. The company specializes in liquid crystal display modules (LCM and BLU), optoelectronic display films, electronic functional devices, testing fixtures, automation equipment, precision die-cutting equipment, and professional technical services [2]. - The revenue composition of Jinfu Technology includes: liquid crystal display modules and complete machines (31.67%), lithium battery components (25.16%), consumer electronic components (20.01%), testing fixtures and automation equipment (12.47%), automotive parts (5.13%), petroleum resin products (2.75%), and other products (2.27%) [2]. Financial Performance - For the period from January to September 2025, Jinfu Technology reported a revenue of 1.594 billion yuan, reflecting a year-on-year growth of 27.78%. However, the net profit attributable to shareholders was -165 million yuan, a decrease of 4.31% compared to the previous year [2]. - As of September 30, 2025, the number of shareholders increased by 33.46% to 40,100, while the average circulating shares per person decreased by 25.09% to 32,338 shares [2]. Market Activity - On October 30, 2023, Jinfu Technology's stock price was 7.96 yuan per share, with a trading volume of 456 million yuan and a turnover rate of 4.30%, resulting in a total market capitalization of 10.341 billion yuan [1]. - The stock has seen significant trading activity, with a net outflow of 27.7553 million yuan in principal funds, and large orders accounting for 22.83% of purchases and 25.59% of sales [1]. - Jinfu Technology has appeared on the "Dragon and Tiger List" twice this year, with the most recent instance on October 28, 2023, where it recorded a net buy of -53.8069 million yuan [1]. Shareholder Information - Since its A-share listing, Jinfu Technology has distributed a total of 188 million yuan in dividends, with no dividends paid in the last three years [3]. - As of September 30, 2025, Hong Kong Central Clearing Limited is the sixth-largest circulating shareholder, holding 13.175 million shares as a new shareholder [3].