记者丨刘雪莹 编辑丨江佩霞 11月10日，香农芯创（300475）发布股票交易异常波动公告，公司股票在2025年11月6日、7 日和10日 连续3个交易日， 收盘价格涨幅偏离值累计超过30%。 公告表示，目前公司主要业务为芯片分销与产品研发，公司关注到近期市场对于存储芯片涨价 报道，公司及子公司目前生产经营情况正常，主营业务未发生重大变化， 基本面未发生重大 变化。 11月10日，香农芯创收盘涨15.19%，最新市值达910亿元。该股近一个月已近涨153%， 累计 有12个交易日股价刷新历史纪录 ； 年内股价累计 暴涨超588% ，成为本轮存储芯片行情中最 耀眼的明星。 截至2025年11月7日，公司滚动市盈率为 305.02倍 ，显著高于同行业的27.11倍。同时，公司 前三季度实现归母净利润3.59亿元，同比下降1.36%，提醒投资者注意风险。 龙虎榜数据显示，11月6日至11月10日期间，上榜营业部席位合计成交23.48亿元，其中买入金 额为10.18亿元，卖出金额为13.3亿元，合计净卖出3.12亿元。 具体来看，机构买入1.45亿元，卖出3.69亿元，合计净卖出2.24亿元。此外，深股通专用、国 泰 ...

Core Viewpoint - The company, Shannon Chip Technology Co., Ltd., has disclosed that its stock has experienced abnormal trading fluctuations, with a cumulative price increase exceeding 30% over three consecutive trading days. The company emphasizes that its fundamental business operations remain stable and have not undergone significant changes, despite the recent stock price surge [4][5]. Group 1: Stock Trading Abnormalities - The company's stock price has deviated significantly, with a cumulative increase of over 30% from November 6 to November 10, 2025, qualifying as abnormal trading activity according to Shenzhen Stock Exchange regulations [4]. - On November 10, the stock closed at 195.82 CNY per share, marking a 15.19% increase for the day, with an intraday high of 197 CNY, and a year-to-date increase exceeding 580% [7]. Group 2: Company Performance and Business Operations - For the first three quarters of 2025, the company reported a sales revenue of 26.4 billion CNY, reflecting a year-on-year increase of 59.90%. However, the net profit attributable to shareholders was 359 million CNY, showing a year-on-year decline of 1.36% [5]. - The company’s primary business focuses on chip distribution and product development, and it has noted recent market reports regarding price increases in storage chips. Nonetheless, the company asserts that its production and operational conditions remain normal, with no significant changes in its core business or fundamentals [5].

Core Viewpoint - The company, Xiangnon Chip Creation, has disclosed that its stock has experienced abnormal trading fluctuations, with a cumulative price increase exceeding 30% over three consecutive trading days. The company emphasizes that its fundamental business operations remain stable and have not undergone significant changes, despite the recent stock price surge [4][5]. Group 1: Stock Trading Abnormalities - The stock of Xiangnon Chip Creation has seen a cumulative price increase of over 30% from November 6 to November 10, 2025, which qualifies as abnormal trading activity according to Shenzhen Stock Exchange regulations [4]. - The company has confirmed that there are no corrections or supplements needed for previously disclosed information [4]. - The stock closed at 195.82 yuan per share on the latest trading day, marking a 15.19% increase, with a year-to-date increase of over 580% [6]. Group 2: Financial Performance - For the first three quarters of 2025, the company reported a sales revenue of 26.4 billion yuan, reflecting a year-on-year increase of 59.90%. However, the net profit attributable to shareholders decreased by 1.36% to 359 million yuan [4]. - The company has indicated that its main business activities, which include chip distribution and product development, are operating normally, and there have been no significant changes in its fundamentals [5]. Group 3: Investor Advisory - The company has cautioned investors about the risks associated with secondary market trading, urging them to make rational decisions and invest prudently [4][5].

Group 1 - The core business of the company is chip distribution and product development [1] - The company has noted recent market reports regarding price increases in memory chips [1] - The company's production and operational status remains normal, with no significant changes in its main business or fundamentals [1]

Group 1 - The core business of the company is chip distribution and product development, and it has noted recent market reports regarding price increases in memory chips [1] - The company's production and operational status remains normal, with no significant changes in its main business or fundamentals [1] - The Wuxi High-tech Zone New Kinetic Energy Industry Development Fund plans to reduce its holdings in the company by up to 4,637,737 shares, representing 0.9976% of the company's latest total share capital, between November 11, 2025, and February 10, 2026 [1]

Core Viewpoint - The company, Shannon Semiconductor (300475), has reported that its main business activities in chip distribution and product development remain stable despite recent market reports of rising memory chip prices. The company emphasizes that there has been no significant change in its fundamental operations or financial performance, which does not align with the recent stock price increase [1][1][1] Group 1 - The company is primarily engaged in chip distribution and product development [1] - Recent market reports indicate rising prices for memory chips, but the company asserts that its production and operational conditions are normal [1] - There has been no significant change in the company's operating performance that corresponds to the recent increase in stock prices, indicating a potential risk of market trading changes without corresponding profitability support [1]

Core Insights - On November 10, a total of 38 stocks appeared on the trading leaderboard, with 17 showing net institutional buying and 21 showing net selling [2] - The top three stocks with the highest net institutional buying were Huasheng Lithium, Yongtai Technology, and Tianji Co., with net buying amounts of 252 million, 204 million, and 198 million respectively [2] - The top three stocks with the highest net institutional selling were Xinquan Co., Zhejiang Rongtai, and Xiangnong Chip, with net selling amounts of 333 million, 282 million, and 224 million respectively [2] Institutional Buying Summary - The stocks with significant net institutional buying included: - Huasheng Lithium: 252 million, with a daily increase of 20.00% [3] - Yongtai Technology: 204 million, with a daily increase of 8.02% [3] - Tianji Co.: 198 million, with a daily increase of 10.00% [3] - Wanrun Technology: 131 million, with a daily increase of 10.00% [3] Institutional Selling Summary - The stocks with significant net institutional selling included: - Xinquan Co.: 333 million, with a daily decrease of 10.00% [4] - Zhejiang Rongtai: 282 million, with a daily decrease of 10.00% [4] - Xiangnong Chip: 224 million, with a daily increase of 15.19% [4] - Other notable sell-offs included: - Jereh Co.: 1387 million, with a daily decrease of 7.46% [4] - Hongyuan Green Energy: 508 million, with a daily increase of 9.99% [4]

1、公司前期披露的信息不存在需要更正、补充之处。 证券代码：300475 证券简称：香农芯创 公告编号：2025-088 2、公司于 2025 年 10 月 23 日披露了《2025 年三季度报告》，公司 2025 年前三季度 实现销售收入 264.00 亿元，同比上涨 59.90%；前三季度实现归母净利润 3.59 亿元，同 比下降 1.36%。公司经营业绩未发生与近期股票涨幅对应的变化，存在相关市场交易变 化无对应盈利能力变化支撑的风险。公司郑重提醒广大投资者注意二级市场交易风险， 理性决策，审慎投资。 一、股票交易异常波动的情况介绍 香农芯创科技股份有限公司（以下简称"公司"或"本公司"，证券简称：香农芯 创，证券代码：300475）股票连续三个交易日内（2025 年 11 月 6 日、2025 年 11 月 7 日、2025 年 11 月 10 日）收盘价格涨幅偏离值累计超过 30%，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、公司关注并核实情况的说明 针对公司股票交易异常波动，公司董事会通过电话、短信及现场问询等方式对公司 控股股东和实际控制人、公司全体董事、监事及高级管理人员就 ...

Summary of Key Points Core Viewpoint - On November 10, a total of 38 stocks were involved with institutional investors, with 17 stocks showing net buying and 21 stocks showing net selling [1]. Institutional Net Buying - The top three stocks with the highest net buying by institutions were: - Huasheng Lithium (华盛锂电) with a net buying amount of 252 million yuan, representing a 20% increase [2]. - Yongtai Technology (永太科技) with a net buying amount of 204 million yuan, representing an 8.02% increase [2]. - Tianji Co., Ltd. (天际股份) with a net buying amount of 198 million yuan, representing a 10% increase [2]. Institutional Net Selling - The top three stocks with the highest net selling by institutions were: - Xinquan Co., Ltd. (新泉股份) with a net outflow of 333 million yuan, representing a 10% decrease [3]. - Zhejiang Rongtai (浙江荣泰) with a net outflow of 282 million yuan, representing a 10% decrease [3]. - Shannon Chip Creation (香农芯创) with a net outflow of 224 million yuan, representing a 15.19% increase [3].

Market Overview - The other electronic sector increased by 3.87% compared to the previous trading day, with Ying Tang Zhi Kong leading the gains [1] - The Shanghai Composite Index closed at 4018.6, up 0.53%, while the Shenzhen Component Index closed at 13427.61, up 0.18% [1] Top Gainers - Ying Tang Zhi Kong (300131) closed at 13.70, with a rise of 19.96% and a trading volume of 250,000 shares, totaling a transaction value of 342 million yuan [1] - Xiang Neng Xin Chuang (300475) closed at 195.82, up 15.19%, with a trading volume of 506,100 shares, amounting to 8.962 billion yuan [1] - Bai Bang Ke Ji (300736) closed at 17.34, increasing by 8.78%, with a trading volume of 231,800 shares, totaling 39.7 million yuan [1] Top Losers - Jing Quan Hua (002885) closed at 33.65, down 6.42%, with a trading volume of 750,000 shares, totaling 2.586 billion yuan [2] - Ke Li Ke (002782) closed at 20.80, decreasing by 5.84%, with a trading volume of 326,200 shares, amounting to 691 million yuan [2] - Yun Han Xin Cheng (301563) closed at 194.30, down 4.57%, with a trading volume of 40,500 shares, totaling 780 million yuan [2] Capital Flow - The other electronic sector experienced a net outflow of 184 million yuan from institutional investors, while retail investors saw a net inflow of 239 million yuan [2][3] - The capital flow for key stocks showed that Hao Shang Hao (001298) had a net inflow of 186 million yuan from institutional investors, while it faced a net outflow of 112 million yuan from retail investors [3] - Xiang Neng Xin Chuang (300475) had a net inflow of 10.4 million yuan from institutional investors, but also saw a net outflow of 75.25 million yuan from retail investors [3]