Core Insights - The event organized by Shenzhen Stock Exchange in Australia aimed to showcase the investment opportunities in Chinese companies, particularly in technology innovation and high-quality economic development during the 14th Five-Year Plan period [1] Group 1: Company Participation and Focus Areas - Six representative companies from Shenzhen Stock Exchange participated in the roadshow, focusing on green low-carbon and high-end manufacturing sectors [1] - Companies like Tianqi Lithium, Goldwind Technology, and Xinwanda highlighted their technological breakthroughs and R&D efforts to attract investor interest [2] Group 2: ESG Practices and Recognition - The participating companies demonstrated improved ESG ratings, reflecting their commitment to sustainable development and attracting long-term investors [3] - Goldwind Technology and Tianqi Lithium have set clear carbon neutrality goals, while Xinwanda is advancing digital platforms for battery sustainability [3] Group 3: Alignment with Local Industry - The roadshow aligned well with Australia's focus on clean energy transition, with companies like Tianqi Lithium and Goldwind Technology directly engaging with local renewable energy initiatives [4][5] - The technological capabilities of the participating companies and their integration with local industries received high praise from investors [5]

Core Insights - The event in Sydney focused on showcasing China's new productive forces and high-quality economic development during the 14th Five-Year Plan period [1] - Six representative companies from Shenzhen Stock Exchange participated, emphasizing green low-carbon and high-end manufacturing sectors [1][2] - Australian investors showed strong interest in the participating companies, aligning with their focus on renewable energy and advanced manufacturing [2] Group 1: Company Participation - The participating companies included Tianqi Lithium, Goldwind Technology, Xinwanda, Magpowr, Shenghong Technology, and Luxshare Precision, all from sectors of green low-carbon and high-end manufacturing [1][2] - Tianqi Lithium holds a leading position in lithium resources, while Goldwind Technology is a leader in the wind power sector, both aligning with Australia's renewable energy goals [2] - Magpowr and Shenghong Technology provide advanced technology solutions that meet local industry needs for automation and renewable energy applications [2] Group 2: Investment Opportunities - Australian investment institutions expressed optimism about the long-term value of Chinese companies, particularly in the context of technological innovation and international market expansion [5] - The participating companies demonstrated strong R&D capabilities, with Tianqi Lithium focusing on lithium extraction technologies and Xinwanda holding over 9,100 patents in battery technology [3] - The event highlighted the shift in China's industrial system from scale expansion to quality enhancement, with Shenzhen-listed companies actively pursuing high-end, digital, and green transformations [5] Group 3: ESG Practices - The participating companies have shown consistent improvement in their ESG ratings, moving from compliance to value creation, which attracted long-term investors [4] - Goldwind Technology integrates sustainability into its entire product lifecycle, while Xinwanda promotes a digital platform for battery sustainability [4] - Investors noted that the companies' commitment to ESG principles enhances their quality and sustainable development capabilities [4]

Core Viewpoint - The Shenzhen Stock Exchange organized a roadshow in Australia to showcase the innovative development stories of listed companies and highlight investment opportunities in China's capital market during the 14th Five-Year Plan period [1] Group 1: Event Overview - The roadshow is the second consecutive year that the Shenzhen Stock Exchange has organized such an event in Australia, featuring six listed companies focused on green low-carbon and high-end manufacturing sectors [1] - Approximately 70 representatives from major Australian pension funds and asset management companies participated, engaging in discussions about the companies' operational status and innovation achievements [1] Group 2: Industry Focus - The participating companies align closely with Australia's investment hotspots, particularly in the renewable energy and high-end manufacturing sectors [2] - Tianqi Lithium, a leading lithium materials company, integrates deeply with Australia's lithium resource industry, while Goldwind Technology, a leader in wind power, aligns with Australia's renewable energy strategies [2] Group 3: Innovation and Technology - Companies are focusing on technological breakthroughs and increasing R&D investments to drive high-quality development, presenting significant investment opportunities [3] - Tianqi Lithium has established a market-oriented R&D management system, while Megmeet Electric has made breakthroughs in AI data center power supply systems [3] Group 4: ESG Practices - The participating companies have shown a commitment to ESG practices, which are increasingly recognized by long-term investors in Australia [4] - Goldwind Technology has integrated sustainable development into its entire product lifecycle, while Tianqi Lithium and Shenghong Technology have set clear carbon neutrality goals [5]

截至11月26日收盘，共封装光学(CPO)概念上涨1.27%，位居概念板块涨幅第6，板块内，70股上涨，长 光华芯20%涨停，永鼎股份、青山纸业等涨停，赛微电子、中际旭创、乾照光电等涨幅居前，分别上涨 16.27%、13.25%、10.47%。跌幅居前的有德科立、迈信林、航天电器等，分别下跌6.68%、4.89%、 3.24%。 今日涨跌幅居前的概念板块 | 概念 | 今日涨跌幅（%） | 概念 | 今日涨跌幅（%） | | --- | --- | --- | --- | | 赛马概念 | 1.95 | 中船系 | -5.09 | | 同花顺果指数 | 1.95 | 兵装重组概念 | -3.05 | | 免税店 | 1.72 | 国产航母 | -2.50 | | 广东自贸区 | 1.50 | 军民融合 | -1.90 | | 医药电商 | 1.38 | 核污染防治 | -1.85 | | 共封装光学(CPO) | 1.27 | 军工信息化 | -1.82 | | 同花顺出海50 | 1.24 | 电子身份证 | -1.82 | | 培育钻石 | 1.21 | 成飞概念 | -1.80 | | 拼多多概念 | ...

今日涨跌幅居前的概念板块 | 002594 | 比亚迪 | 1.26 | 0.88 | 26283.86 | 9.02 | | --- | --- | --- | --- | --- | --- | | 000333 | 美的集 | 1.40 | 0.46 | 24482.09 | 9.64 | | | 团 | | | | | | 601689 | 拓普集 | 2.00 | 1.97 | 16460.29 | 7.67 | | | 团 | | | | | | 603259 | 药明康 | 1.03 | 1.34 | 14601.26 | 4.61 | | | 德 | | | | | | 601766 | 中国中 车 | 0.55 | 0.35 | 10013.31 | 16.28 | | 002202 | 金风科 技 | 3.49 | 3.17 | 9924.88 | 6.1 1 | | 600031 | 三一重 工 | 2.15 | 0.73 | 3444.54 | 2.68 | | 002027 | 分众传 媒 | -1.49 | 1.14 | 2339.91 | 1.95 | | 601100 | 恒立 ...

Investment Rating - The report maintains a "Buy" rating for the company [4][7]. Core Insights - The company is positioned as a global leader in AI PCB manufacturing, leveraging significant opportunities from the AI wave and deepening partnerships with major GPU and ASIC clients [1][4]. - The company has achieved technological advancements in HDI and high-layer PCBs, with capabilities to produce 6-stage 24-layer HDI products and ongoing development for next-generation technologies [2]. - The expansion of production capacity is on track, with overseas facilities in Thailand and Vietnam progressing as planned, and domestic projects also advancing [3]. Financial Projections - Revenue is projected to reach 37 billion yuan in 2026 and 59.9 billion yuan in 2027, with net profit estimates of 12 billion yuan and 19.7 billion yuan for the same years respectively [4][6]. - The company expects significant growth rates, with a revenue growth of 87.5% in 2025 and 84% in 2026 [6]. - The earnings per share (EPS) is forecasted to increase from 5.76 yuan in 2025 to 22.68 yuan in 2027 [6]. Production and Client Engagement - The company is enhancing its production capabilities and customer engagement by participating in key projects, allowing for early involvement in client R&D and product development [3]. - The company is focusing on long-term planning with clients, aligning its production and technology strategies with their future needs [3].

创业50ETF（159682）跟踪创业板50指数，权重股包括宁德时代、东方财富、新易盛、中际旭创、胜宏 科技、汇川技术、阳光电源、天孚通信等。该ETF还配置了场外联接基金：联接A（017949）、联接C （017950）。 中信证券表示，2025年以来中美科技股均取得亮眼成绩，算力板块涨幅领跑市场，模型和应用侧亦出现 局部爆发机会。展望2026年，国产算力方兴未艾，业绩弹性及投资确定性兼备，有望复刻美股2023年以 来的长牛行情。模型和应用侧亦有望迎来局部爆发机遇，我们看好AI全面赋能下的互联网科技巨头， 以及AI广告、AI Agent、AI视频生成、商业化自动驾驶等落地速度较快的AI应用赛道。 11月26日，三大指数集体低开高走，截至午间收盘，创业板50指数(399673.SZ)上涨3.22%，该指数成分 股中，中际旭创涨近14%，长盈精密上涨超11%，新易盛上涨超10%。 相关ETF方面，截至午间休盘，创业50ETF（159682）涨3.15%，成交额为2.66亿元。截至11月25日，该 ETF最新流通份额为36.23亿份，最新流通规模为49.54亿元。 消息面上，据中证报，11月25日，以景顺长城创业板 ...

Group 1 - The top 20 stocks with significant capital inflow as of November 26 include Xinyisheng with 1.659 billion yuan, Zhongji Xuchuang with 1.632 billion yuan, and Yangguang Electric with 0.977 billion yuan [1] - Other notable stocks in the top 20 by capital inflow are Inspur Information with 0.777 billion yuan, Luxshare Precision with 0.731 billion yuan, and Huadian Technology with 0.679 billion yuan [1] - The list also features Shenghong Technology with 0.642 billion yuan, Changying Precision with 0.640 billion yuan, and Fenda Technology with 0.454 billion yuan [1] Group 2 - ZTE Corporation received a capital inflow of 0.425 billion yuan, while Rockchip received 0.363 billion yuan [1] - Other companies in the top 20 include Dayang Electric with 0.358 billion yuan, Tianfu Communication with 0.353 billion yuan, and Industrial Fulian with 0.341 billion yuan [1] - The list concludes with Dongshan Precision at 0.329 billion yuan, Zhaoyi Innovation at 0.303 billion yuan, and Sanhua Intelligent Control at 0.293 billion yuan [1]

11月26日，胜宏科技涨5.08%，截至发稿，报278.51元/股，成交64.90亿元，换手率2.80%，总市值 2424.01亿元。 资料显示，胜宏科技(惠州)股份有限公司位于广东省惠州市惠阳区淡水镇新桥村行诚科技园,香港湾仔皇 后大道东248号大新金融中心40楼，成立日期2006年7月28日，上市日期2015年6月11日，公司主营业务 涉及新型电子器件(印制电路板)的研究开发、生产和销售。主营业务收入构成为：PCB制造93.66%，其 他6.34%。 从基金十大重仓股角度 人保中证500A（006611）成立日期2018年12月7日，最新规模6809.87万。今年以来收益21.6%，同类排 名2152/4206；近一年收益21.35%，同类排名2202/3986；成立以来收益76.74%。 人保中证500A（006611）基金经理为周剑。 截至发稿，周剑累计任职时间2年138天，现任基金资产总规模10.04亿元，任职期间最佳基金回报 30.79%， 任职期间最差基金回报11.65%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指 ...

上证报中国证券网讯（卢伊 记者 徐蔚）11月25日，A股两融余额为24630.32亿元，较上一交易日增加43.63亿元，占A股流 通市值比例为2.59%。当日两融交易额为1879.83亿元，较上一交易日增加230.65亿元，占A股成交额的10.29%。 | 融资融券余额 | | | 融资余额 | | | | --- | --- | --- | --- | --- | --- | | 24,630.32↑ 亿元 43.63(0.18%) | | | 24,462.88 ↑ 亿元 39.90(0.16%) | | | | 深市 | 沪市 | 北交所 | 沪市 | 深市 | 北交所 | | 12,039.56 ↑ 亿元 | 12,515.82↑ 亿元 | 74.94 ↓ 亿元 | 12,403.98 ↑ 亿元 | 11,983.96 ▲ 亿元 | 74.93 ↓ 亿元 | | 28.14(0.23%) | 15.99(0.13%) | -0.49(-0.65%) | 13.66(0.11%) | 28.14(0.22%) | -0.49(-0.66%) | 资金流向方面，申万31个一级行业中有24个行业获融资净买入 ...