Company Overview - Zhengye Technology, established on November 14, 1997, and listed on December 31, 2014, is located in Dongguan, Guangdong Province. The company specializes in the R&D, production, and sales of precision processing and testing automation equipment for PCBs, as well as automation assembly and testing equipment for LCD modules [1][2]. Financial Performance - For the first half of 2025, Zhengye Technology achieved operating revenue of 377 million yuan, representing a year-on-year growth of 7.71%. The net profit attributable to the parent company was 16.25 million yuan, showing a significant year-on-year increase of 121.61% [2]. - Since its A-share listing, Zhengye Technology has distributed a total of 126 million yuan in dividends, with no dividends paid in the last three years [3]. Stock Performance - As of September 15, Zhengye Technology's stock price increased by 2.05% to 10.47 yuan per share, with a trading volume of 1.22 billion yuan and a turnover rate of 3.23%. The total market capitalization reached 3.844 billion yuan [1]. - Year-to-date, the stock price has risen by 94.61%, with a recent decline of 4.38% over the last five trading days. Over the past 20 days, the stock has increased by 18.04%, and over the last 60 days, it has risen by 42.26% [1]. Shareholder Information - As of September 10, the number of shareholders of Zhengye Technology was 47,500, an increase of 52.56% from the previous period. The average number of tradable shares per person decreased by 34.45% to 7,725 shares [2]. Industry Classification - Zhengye Technology is classified under the electrical equipment industry, specifically in battery and lithium battery specialized equipment. The company is associated with concepts such as solid-state batteries, CATL concepts, lithium batteries, energy storage, and photovoltaic glass [2].

Group 1 - The core viewpoint is that Zhengye Technology does not manufacture PCBs but provides industrial automation testing equipment to PCB manufacturers [2] - Zhengye Technology has a strong technical accumulation and customer resources in the PCB field, establishing long-term stable partnerships with well-known industry clients such as Pengding Holdings, TTM, Jianding Technology, Jingwang Electronics, and Shenzhen South Circuit [2] - The company has built a strong market position and brand influence in the PCB industry through innovative technology, excellent product performance, high-quality service, and rapid market response capabilities [2]

Group 1 - The controlling shareholder of Zhengye Technology is engaged in a transaction with Suqian Chulian at a price of 11.32 yuan per share [2] - On June 27, 2025, the company disclosed a plan to issue shares to specific objects (controlling shareholder) [2] - Investors are advised to pay attention to subsequent announcements related to this transaction [2]

Group 1 - The company currently produces and sells X-RAY detection equipment primarily used for non-destructive testing of internal defects in lithium batteries [2] - The company does not have specific detection equipment related to TGV through-hole testing for the glass substrate industry at this time [2]

Core Viewpoint - Zhengye Technology (300410.SZ) has stated on its interactive platform that Apple has not purchased X-ray inspection equipment from the company [1] Group 1 - Zhengye Technology confirmed that there is no procurement of X-ray inspection equipment by Apple [1]

Market Performance - The ChiNext Index rose by 6.55%, closing at 2958.18 points, with a total trading volume of 676.08 billion yuan, a decrease of 40.23 billion yuan from the previous trading day [1] - Among the tradable ChiNext stocks, 1337 stocks closed higher, with 42 stocks rising over 10%, including Jin Yinhe, Tianhua New Energy, and Xian Dao Intelligent, which hit the daily limit [1] - The average turnover rate for the ChiNext today was 4.64%, with 35 stocks having a turnover rate exceeding 20% [1] High Turnover Stocks - In the high turnover stocks, 34 stocks increased in price, with Hengbo Co., Ltd., Sudavige, and Haoen Electric rising by 20.00%, 19.99%, and 16.86% respectively [2] - The electric power equipment sector had the most stocks with a turnover rate exceeding 20%, totaling 15 stocks, followed by the machinery and electronics sectors with 4 and 3 stocks respectively [2] Institutional Activity - Five high turnover ChiNext stocks appeared on the Dragon and Tiger list, with institutional participation noted in several stocks [3] - Su Davi Ge saw a net institutional buy of 37.97 million yuan, while Haoen Electric had a net buy of 9.57 million yuan from two institutional seats [3] - The stocks with the highest net buying from brokerage firms were Su Davi Ge, Shouhang New Energy, and Haoen Electric, with net buying amounts of 54.03 million yuan, 25.12 million yuan, and 24.94 million yuan respectively [3] Capital Flow - Among the high turnover stocks, 25 stocks experienced net inflows of main funds, with the highest inflows seen in Nandu Power, Sudavige, and Hanwei Technology, amounting to 370 million yuan, 335 million yuan, and 188 million yuan respectively [4] - The stocks with the largest net outflows included Yian Technology, Shangneng Electric, and Zhengye Technology, with outflows of 164 million yuan, 103 million yuan, and 59.95 million yuan respectively [4]

Market Overview - As of September 4, the Shanghai Composite Index closed at 3765.88 points, with a decline of 1.25%. The Shenzhen Component Index closed at 12118.70 points, down 2.83%, and the ChiNext Index closed at 2776.25 points, decreasing by 4.25% [1] Trading Activity - A total of 2131 stocks saw an increase in average transaction volume, with 40 stocks experiencing a rise of over 50% in average transaction volume. Conversely, 2426 stocks reported a decrease in average transaction volume [1] - Notable stocks with significant increases in average transaction volume include Aishida (爱仕达) with a 207.02% increase, Huijia Times (汇嘉时代) with 184.35%, and Victory Precision (胜利精密) with 158.81% [1] Active Stocks - The stocks with the highest increase in transaction volume and transaction count include: - Spring兴精工 with a transaction count increase of 2190.85% - Hanzhong Precision (汉钟精机) with a transaction count increase of 827.07% - Lushan New Materials (鹿山新材) with a transaction count increase of 476.62% [1] Notable Performers - The following stocks showed significant daily gains: - Aishida (爱仕达) increased by 10.03% - Huijia Times (汇嘉时代) rose by 10.05% - Victory Precision (胜利精密) gained 10.09% [1] - Other notable performers include: - Strait Environmental (海峡环保) with a 10.08% increase - An彩高科 with a 9.92% increase [1] Additional Trading Insights - The average transaction volume and transaction count for several stocks also showed substantial increases, indicating heightened trading activity. For example, Tianchuang Fashion (天创时尚) had a transaction count increase of 204.19% [1][2]

Group 1 - Zhengye Technology's stock reached the daily limit, with a trading volume of 5.97 billion yuan and a turnover rate of 15.82% [2] - The stock's closing price increased by 20.00%, leading to its listing on the Shenzhen Stock Exchange [2] - Institutional investors net bought 25.23 million yuan, while total net buying from brokerage seats reached 92.40 million yuan [2] Group 2 - The top five brokerage seats accounted for a total transaction of 213 million yuan, with net buying of 11.80 million yuan [2] - Major funds saw a net inflow of 230 million yuan, with large orders contributing 279 million yuan to the inflow [2] - Over the past five days, the net inflow of major funds amounted to 244 million yuan [2]

Market Overview - The Shanghai Composite Index fell by 1.97% to 3738.32 points, while the Shenzhen Component Index decreased by 2.37% to 12176.9 points, and the ChiNext Index dropped by 3.2% to 2806.63 points [2][3] - Over 2600 stocks in the market experienced declines, indicating a broad market downturn [2] Sector Performance - The tourism and hotel sector showed resilience with a gain of 3.21%, while the battery sector increased by 2.27% [4] - Conversely, the semiconductor sector faced significant losses, contributing to the overall market decline [2][7] Trading Volume - The total trading volume of the Shanghai and Shenzhen markets exceeded 1 trillion yuan, marking an increase of over 160 billion yuan compared to the previous day [8] Gold and Silver Prices - Spot gold prices fell below $3520 per ounce, reflecting a daily decrease of 1.27% [5] - Spot silver also saw a decline of 1%, trading at $40.78 per ounce [9] Futures Market - The FTSE China A50 Index futures dropped by over 2% during the trading session [6] Notable Stocks - Significant movements were observed in stocks such as Zhengye Technology, which hit a 20% limit up, and Shengli Precision, which rose by 10.09% [15][16]

Market Overview - The Shanghai Composite Index closed at 3738.32 points, below the five-day moving average, with a decline of 1.97% [1] - The total trading volume of A-shares reached 1618.67 billion yuan [1] Stock Performance - A total of 450 A-shares broke through the five-day moving average today [1] - Stocks with significant deviation rates include: - Runpu Food: 21.11% deviation, closing price 18.69 yuan, with a daily increase of 29.97% and turnover rate of 19.47% [1] - Zhengye Technology: 13.14% deviation, closing price 10.49 yuan, with a daily increase of 20.02% and turnover rate of 14.12% [1] - Hangzhou High-tech: 12.98% deviation, closing price 21.01 yuan, with a daily increase of 19.99% and turnover rate of 16.85% [1] Additional Notable Stocks - Other stocks with notable performance include: - Gais Food: 9.62% deviation, closing price 15.25 yuan, with a daily increase of 15.53% and turnover rate of 26.10% [1] - Huanlejia: 8.67% deviation, closing price 19.27 yuan, with a daily increase of 12.82% and turnover rate of 5.15% [1] - Haixia Environmental Protection: 7.49% deviation, closing price 6.66 yuan, with a daily increase of 10.08% and turnover rate of 5.01% [1]