11月18日，赢合科技（维权）盘中下跌2.02%，截至09:43，报29.08元/股，成交9964.49万元，换手率 0.53%，总市值188.76亿元。 资金流向方面，主力资金净流出648.57万元，特大单买入502.34万元，占比5.04%，卖出1003.57万元， 占比10.07%；大单买入1628.38万元，占比16.34%，卖出1775.71万元，占比17.82%。 赢合科技今年以来股价涨52.85%，近5个交易日涨1.61%，近20日跌5.37%，近60日涨33.82%。 今年以来赢合科技已经2次登上龙虎榜，最近一次登上龙虎榜为9月12日，当日龙虎榜净买入3.07亿元； 买入总计4.95亿元 ，占总成交额比18.78%；卖出总计1.88亿元 ，占总成交额比7.14%。 资料显示，深圳市赢合科技股份有限公司位于广东省深圳市南山区前海深港合作区前海大道前海嘉里中 心T2-2501，成立日期2006年6月26日，上市日期2015年5月14日，公司主营业务涉及锂电池专用生产设 备的研发、设计、制造、销售与服务。主营业务收入构成为：锂电池专用生产设备65.66%，其他(补 充)34.34%。 责任编辑：小浪 ...

Core Viewpoint - The company is actively developing its own brand business in the electronic cigarette sector, focusing on innovative product designs and advanced technology to enhance market competitiveness [1] Group 1: Brand Development - The company has several electronic cigarette brands, including SKE, Sikary, MEMERS, and Vfly [1] - The SKE/MEMERSFRESA product features the "FreshLock+" automatic oil locking technology, which reduces oxidation and maintains flavor purity [1] - The SikaryFit model is designed with an ultra-thin metal body to enhance market competitiveness through differentiated product design [1] Group 2: New Product Launches - The new SKEBAR15K product offers 15,000 puffs, emphasizing its compact and portable design [1] - It includes an 850mAh rechargeable battery and Type-C fast charging, providing users with an exceptional electronic vaping experience [1]

证券日报网讯赢合科技（300457）11月17日在互动平台回答投资者提问时表示，公司目前订单饱满，至 2025年9月末合同负债较年初增长78.24%，较去年同期增长超一倍。 ...

每经AI快讯，有投资者在投资者互动平台提问：请问贵公司今年新签订单怎么样？ （记者 胡玲） 赢合科技（300457.SZ）11月17日在投资者互动平台表示，公司目前订单饱满，至2025年9月末合同负债 较年初增长78.24%，较去年同期增长超一倍。 ...

11月13日，赢合科技（维权）盘中上涨2.02%，截至09:50，报28.75元/股，成交8171.95万元，换手率 0.45%，总市值186.62亿元。 资金流向方面，主力资金净流入214.86万元，特大单买入308.82万元，占比3.78%，卖出100.28万元，占 比1.23%；大单买入1674.44万元，占比20.49%，卖出1668.11万元，占比20.41%。 赢合科技今年以来股价涨51.12%，近5个交易日跌0.73%，近20日跌6.69%，近60日涨34.41%。 今年以来赢合科技已经2次登上龙虎榜，最近一次登上龙虎榜为9月12日，当日龙虎榜净买入3.07亿元； 买入总计4.95亿元 ，占总成交额比18.78%；卖出总计1.88亿元 ，占总成交额比7.14%。 资料显示，深圳市赢合科技股份有限公司位于广东省深圳市南山区前海深港合作区前海大道前海嘉里中 心T2-2501，成立日期2006年6月26日，上市日期2015年5月14日，公司主营业务涉及锂电池专用生产设 备的研发、设计、制造、销售与服务。主营业务收入构成为：锂电池专用生产设备65.66%，其他(补 充)34.34%。 赢合科技所属申万行 ...

Core Viewpoint - Winning Technology's stock price has shown significant volatility, with a year-to-date increase of 47.33% but a recent decline in the short term, indicating potential market fluctuations and investor sentiment shifts [2]. Financial Performance - For the period from January to September 2025, Winning Technology reported a revenue of 6.784 billion yuan, reflecting a year-on-year growth of 4.72%. However, the net profit attributable to shareholders decreased by 39.06% to 302 million yuan [2]. - The company has distributed a total of 553 million yuan in dividends since its A-share listing, with 330 million yuan distributed over the past three years [3]. Stock Market Activity - Winning Technology's stock has experienced a 1.86% decline over the last five trading days and a 9.49% decline over the last 20 days, while it has increased by 31.91% over the last 60 days [2]. - The company has appeared on the stock market's "Dragon and Tiger List" twice this year, with the most recent instance on September 12, where it recorded a net purchase of 307 million yuan [2]. Shareholder Structure - As of September 30, 2025, Winning Technology had 62,500 shareholders, an increase of 17.69% from the previous period. The average number of circulating shares per shareholder decreased by 15.03% to 10,204 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 4.1872 million shares, an increase of 494,100 shares, while several ETFs have seen changes in their holdings [3].

Core Viewpoint - Winning Technology's stock price has shown significant volatility, with a year-to-date increase of 50.64% but a recent decline in the last five and twenty trading days [1][2] Group 1: Stock Performance - As of November 10, Winning Technology's stock price was 28.66 CNY per share, with a market capitalization of 18.603 billion CNY [1] - The stock has experienced a 2.05% decline on the day, with a trading volume of 368 million CNY and a turnover rate of 1.98% [1] - Year-to-date, the stock has risen by 50.64%, but it has decreased by 2.02% in the last five trading days and 7.99% in the last twenty trading days [1] Group 2: Financial Performance - For the period from January to September 2025, Winning Technology reported revenue of 6.784 billion CNY, a year-on-year increase of 4.72%, while net profit attributable to shareholders was 302 million CNY, a decrease of 39.06% [2] - The company has distributed a total of 553 million CNY in dividends since its A-share listing, with 330 million CNY distributed over the last three years [3] Group 3: Shareholder Structure - As of September 30, 2025, the number of shareholders increased by 17.69% to 62,500, with an average of 10,204 shares per shareholder, a decrease of 15.03% [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which increased its holdings by 49,410 shares, and several ETFs with varying changes in their holdings [3]

Core Viewpoint - Winning Technology has shown a significant stock price increase of 55.27% year-to-date, despite a recent decline in the last five and twenty trading days [2] Financial Performance - For the period from January to September 2025, Winning Technology achieved a revenue of 6.784 billion yuan, representing a year-on-year growth of 4.72%, while the net profit attributable to shareholders was 302 million yuan, a decrease of 39.06% [2] - The company has distributed a total of 553 million yuan in dividends since its A-share listing, with 330 million yuan distributed over the past three years [3] Stock Market Activity - As of November 7, Winning Technology's stock price was 29.54 yuan per share, with a market capitalization of 19.174 billion yuan and a trading volume of 313 million yuan [1] - The stock has appeared on the "Dragon and Tiger List" twice this year, with the most recent net buy of 307 million yuan on September 12 [2] Shareholder Structure - As of September 30, 2025, the number of shareholders increased by 17.69% to 62,500, with an average of 10,204 circulating shares per person, a decrease of 15.03% [2] - Major shareholders include Hong Kong Central Clearing Limited and various ETFs, with notable changes in their holdings [3] Business Overview - Winning Technology, established on June 26, 2006, specializes in the research, design, manufacturing, sales, and service of lithium battery production equipment, with 65.66% of its revenue coming from this segment [2]

Core Viewpoint - The lithium battery equipment industry is experiencing a phase of "adjustment and differentiation" in the first nine months of 2025, with leading companies showing resilience and growth despite overall market challenges [1]. Group 1: Performance Overview - The lithium battery equipment sector has shown a mixed performance in 2025, with some companies facing revenue declines of 10%-30% due to previous order cycles, while leading firms like XianDao Intelligent and YingHe Technology achieved revenue growth [2][3]. - Profitability has been impacted by high impairment provisions, leading to losses for companies like HaiMuXing and ManEnSiTe, while others like XianDao Intelligent and LiYuanHeng improved profits through better cost control [3]. Group 2: Highlights of Leading Companies - **XianDao Intelligent**: Achieved a revenue of 10.439 billion yuan in the first nine months of 2025, a 15% increase year-on-year, with a net profit of 1.186 billion yuan, up 95% due to the recovery of receivables [4][5]. - **YingHe Technology**: Reported a revenue of 6.784 billion yuan, a 5% increase, but faced a 39% decline in net profit to 300 million yuan due to margin pressure [6]. - **LiYuanHeng**: Turned a profit with a revenue of 2.424 billion yuan, a 4% increase, and a net profit of 50 million yuan, marking a turnaround [8][9]. Group 3: Industry Outlook for 2026 - The industry is expected to benefit from three main opportunities: recovery in domestic demand, expansion into overseas markets, and technological upgrades, particularly in solid-state battery technology [10][11]. - However, challenges such as industry consolidation and international risks remain, with potential impacts from geopolitical tensions on market expansion and supply chains [12]. Group 4: Conclusion - The lithium battery equipment industry is poised for new opportunities amid adjustments, with leading companies leveraging technological advantages and international strategies to strengthen their positions [13].

Company Summary - Winning Technology (SZ 300457) announced on November 4 that employee representative director Wang Jun holds approximately 10,800 shares of the company, accounting for 0.0017% of the total share capital, and plans to reduce holdings by up to 2,700 shares within three months after the disclosure of the reduction plan [1][1][1] - As of the report, Winning Technology's market capitalization is 18.5 billion yuan [1][1][1] Industry Summary - A significant increase in overseas orders for a certain industry has been reported, with a surge of 246%, covering over 50 countries and regions [1][1][1] - Entrepreneurs have warned of potential malicious competition as some entities are selling at a loss, which could extend to international markets [1][1][1]