Core Viewpoint - The stock of Keheng Co., Ltd. (300340) experienced an abnormal trading fluctuation, with a cumulative closing price increase of 32.23% over two consecutive trading days on June 19 and June 20, 2025 [1] Company Summary - The company's board confirmed that there have been no significant changes in its operational situation or external environment recently [1] - The company stated that there are no undisclosed major matters that need to be disclosed [1] - During the period of stock fluctuation, the controlling shareholder and actual controller did not engage in any stock trading activities [1]

2025 年 6 月 10 日，江门市科恒实业股份有限公司（以下简称"公司"）召开 第六届董事会第十三次会议和第六届监事会第十二次会议，审议通过了《关于注 销部分股票期权的议案》，具体内容详见公司于 2025 年 6 月 11 日在巨潮资讯网 （http://www.cninfo.com.cn）披露的《关于注销部分股票期权的公告》（公告编 号：2025-060）。 根据《2022年股票期权与限制性股票激励计划（草案）》，对股票期权首次授 予的激励对象中因离职导致丧失激励资格的11人、股票期权预留授予的激励对象 中因离职导致丧失激励资格的1人、股票期权首次授予第三个行权期因公司层面 业绩考核未达到设定的考核条件导致行权条件未成就的158人、股票期权预留授 予第二个行权期因公司层面业绩考核未达到设定的考核条件导致行权条件未成 就的10人，合计对应的已授予但尚未行权的178.34万份股票期权由公司注销。 经中国证券登记结算有限责任公司深圳分公司审核确认，上述 178.34 万份 股票期权，涉及 180 人的注销事宜已于近日办理完成。本次股票期权注销不会对 公司总股本造成影响。 特此公告。 证券代码：300340 证 ...

证券代码：300340 证券简称：科恒股份 公告编号：2025-067 江门市科恒实业股份有限公司 关于股票交易异常波动的公告 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。 一、公司股票交易异常波动的情况 江门市科恒实业股份有限公司（以下简称"公司"）股票价格连续两个交易 日（2025 年 6 月 19 日 、 2025 年 6 月 20 日）收盘价格涨幅偏离值累计达到 32.23%，根据深圳证券交易所相关规定，属于股票交易异常波动的情况。 二、公司关注及核实情况 针对公司股票交易异常波动，公司董事会通过电话及现场问询方式，对公司 控股股东、实际控制人及持股 5%以上股东、公司董事、监事及高级管理人员就相 关问题进行了核实： 1、公司前期披露的信息不存在需要更正、补充之处； 2、近期公共传媒未报道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； 5、股票异动期间，未发生公司控股股东、实际控制人买卖公司股票的行为； 6、公司不存在违反信息公平披露的其他情形。 三、不存在应披露而未披露信息的说明 公司董事会确认，公司目前没有任何根据《深圳证券交易所创 ...

Market Overview - On June 20, A-shares continued to decline, with the Shanghai Composite Index down 0.07% at 3359 points, the Shenzhen Component Index down 0.47%, and the ChiNext Index down 0.83%. Over 3600 stocks in the market fell [1] - Market focus shifted to sectors such as composite fluid, shipping ports, and banking [1] High-Performing Stocks - Shandong Molong achieved a six-day consecutive rise, closing up 10.03% at 7.02, driven by oil and gas equipment, shale gas, and state-owned enterprise themes [4][12] - Nord Shares, a solid-state battery concept stock, recorded a four-day consecutive rise, closing up 10.04% at 5.15 [4][12] - Chutianlong staged a "limit-up" performance at the end of the trading day, achieving a three-day consecutive rise with a 10.00% increase, closing at 23.33 [4][12] Stock Performance Data - The following stocks showed significant gains: - Shandong Molong: +10.03%, 6 consecutive days [4] - Nord Shares: +10.04%, 4 consecutive days [4] - Chutianlong: +10.00%, 3 consecutive days [4] - Other notable stocks include: - ST Yingfit: +4.86%, 4 days 3 boards [4] - ST Xintong: +5.03%, 4 days 3 boards [4] - Jianglong Shipbuilding: +20.00%, 2 consecutive days [6] Trading Activity - The top three net buying stocks on the Dragon and Tiger list were: - Keheng Shares: 183 million [5] - Qiangli New Materials: 165 million [5] - Chutianlong: 164 million [5] - The top three net selling stocks were: - Innovation Medical: 172 million [7] - Hengbao Shares: 135 million [7] - Yong'an Pharmaceutical: 74 million [7] Sector Highlights - The fifth China International Solid-State Battery Technology Conference will be held on June 19-20, 2025, indicating a push towards solid-state battery industrialization [12] - Shandong Molong's revenue from oil pipes and casings accounted for 90.73% of its total revenue, with overseas exports growing over 25% year-on-year [15] - Sai Sheng Pharmaceutical's recent contract for new drug technology transfer aims to enhance its pipeline in the cardiovascular field [18]

Core Viewpoint - The perovskite battery concept has shown a positive performance with a 1.06% increase, ranking fourth among concept sectors, indicating growing investor interest and potential in this technology [1][2]. Market Performance - As of June 20, the perovskite battery sector saw 35 stocks rise, with notable performers including: - Keheng Co., Ltd. (科恒股份) reaching a 20% limit up - Saiwu Technology (赛伍技术) and GCL-Poly Energy (协鑫集成) also hitting the limit up - Jin Xin Nuo (金信诺) and Woge Optoelectronics (沃格光电) increasing by 6.43% and 4.18% respectively [1][2]. - The sector experienced a net inflow of 566 million yuan, with 31 stocks receiving net inflows, and 7 stocks exceeding 30 million yuan in net inflow [2]. Key Stocks and Their Performance - The top stocks in the perovskite battery sector based on net inflow and performance include: - Keheng Co., Ltd. (科恒股份): 20% increase, 2.51 billion yuan net inflow - GCL-Poly Energy (协鑫集成): 9.91% increase, 2.50 billion yuan net inflow - Saiwu Technology (赛伍技术): 10.04% increase, 963.47 million yuan net inflow - Jin Xin Nuo (金信诺): 6.43% increase, 581.85 million yuan net inflow [3][4]. Sector Comparison - The perovskite battery sector's performance is compared to other sectors, with notable increases in: - PET Copper Foil: 2.09% - Lithography Glue: 1.45% - BC Battery: 1.13% - Conversely, sectors like Combustible Ice and Brain-Machine Interface saw declines of -4.14% and -3.34% respectively [2].

科恒股份（300340）今日涨停，成交额21.48亿元，换手率52.85%，盘后龙虎榜数据显示，三机构专用 席位净卖出6042.45万元。 暗盘资金流向曝光！提前捕捉庄家建仓信号>> ...

Group 1: Liquidity and Performance of Rare Earth ETF - The liquidity of the Rare Earth ETF managed by Jiashi has a turnover rate of 2.74%, with a transaction volume of 66.81 million yuan [2] - Over the past week, the average daily transaction volume of the Rare Earth ETF reached 122 million yuan, ranking first among comparable funds [2] - In the last two weeks, the Rare Earth ETF's scale increased by 568 million yuan, achieving significant growth and ranking first in new scale among comparable funds [2] - The ETF's shares increased by 39.5 million in the past week, indicating substantial growth [2] - In the last five trading days, there were net inflows on three days, totaling 115 million yuan [2] - As of June 18, the net value of the Rare Earth ETF has risen by 30.55% over the past year, ranking 376 out of 2857 in the index stock fund category, placing it in the top 13.16% [2] - Since its inception, the ETF has recorded a highest monthly return of 41.25%, with the longest consecutive monthly gains being four months and a maximum cumulative increase of 83.89% [2] Group 2: Key Holdings and Market Dynamics - As of May 30, the top ten weighted stocks in the China Rare Earth Industry Index account for 57.28% of the index, including Northern Rare Earth, China Rare Earth, Wolong Electric Drive, and others [2] - The Ministry of Commerce announced on June 19 that it will expedite the review of rare earth export license applications, emphasizing the importance of maintaining global supply chain stability [4] - Recent reports suggest that domestic export licenses are being gradually issued, and rising prices abroad are expected to be transmitted to the domestic market [5] - The domestic rare earth prices are currently at a cyclical low, with expectations for a continued upward adjustment in price levels [5] - Investors can consider the Rare Earth ETF Jiashi linked fund (011036) to capitalize on investment opportunities in the rare earth sector [5]

固态电池板块走高，科恒股份（300340）涨停，滨海能源（000695）、湘潭电化（002125）、正业科技 （300410）此前封板，盟固利（301487）、芳源股份、金银河（300619）、赢合科技（300457）、天力 锂能（301152）等跟涨。 暗盘资金流向曝光！提前捕捉庄家建仓信号>> ...

Core Viewpoint - The article discusses various developments in the financial and technology sectors, highlighting significant corporate actions, regulatory updates, and market trends. Macro News - The Financial Regulatory Administration has issued guidelines to insurance companies regarding the necessity and sustainability of dividend levels, aiming to prevent excessive competition in dividend offerings [5] - The Shenzhen Stock Exchange held a meeting to discuss the high-quality development of the bond ETF market, with over 100 institutional representatives participating [5] - Beijing's government has introduced measures to support the high-quality development of the gaming and esports industry, emphasizing the integration of AI and technology [6][7] Market Highlights - On June 19, "soy sauce king" Haitian Flavoring officially listed on the Hong Kong stock market, with a global offering of approximately 279 million shares and a net fundraising of about 10.0096 billion HKD [9] - Kexin Co., Ltd. received significant institutional buying, indicating progress in its solid-state battery business [9] - The China Photovoltaic Industry Association is expected to implement stricter production cuts in the third quarter, with a projected reduction in operating rates by 10%-15% [11] Company Dynamics - Shanghai-based MiniMax launched its new video generation model, Hailuo 02, which supports native 1080P video output [15] - Jiangling Motors clarified rumors regarding a merger with Changan Ford, stating no current plans for asset restructuring [15] - Audi's CEO confirmed the reversal of plans to cease the development of internal combustion engine vehicles, with new models set to launch between 2024 and 2026 [16] - Honor and China Mobile announced a strategic partnership to develop AI terminal products, aiming to create an innovative AI ecosystem [17]

Group 1: Institutional Trading Insights - A total of 28 stocks were listed on the institutional trading leaderboard, with 16 stocks experiencing net buying and 13 stocks facing net selling [1] - The top three stocks with the highest net buying by institutions were: Keheng Co., Ltd. (75.16 million), Xiexin Energy Technology (71.78 million), and Bangji Technology (55.89 million) [1][2] Group 2: Company-Specific Developments - Keheng Co., Ltd. saw a net buying of 75.16 million from three institutions, with a stock price increase of 7.97% [2][3] - The company is engaged in research and evaluation of solid-state batteries, focusing on improving safety and energy density by replacing liquid electrolytes with solid electrolytes [3] Group 3: Industry Trends - The short drama industry is experiencing significant growth, with Chinese companies dominating the international market, as evidenced by 41 out of the top 50 overseas short drama applications being developed by Chinese firms [4] - The AI-driven short drama sector is expected to see substantial advancements by 2025, with increased production and user engagement anticipated due to technological improvements [5] - The oil service industry is highlighted by Tongyuan Petroleum, a leader in the composite perforation sector, and the ongoing geopolitical risks affecting global oil prices, particularly due to tensions in the Strait of Hormuz [6]