Group 1: Company Overview - The company, Jinsong New Materials (300849.SZ), has recently seen its stock price break through a 60-day high, primarily driven by short-term capital inflows and technical indicators [1] - The company reported a net profit of -9.47 million yuan for the first three quarters of 2025, representing a year-on-year decline of 1183.73%, indicating weak fundamental support [4] - There is a risk of being classified as ST (Special Treatment) if the 2025 annual report shows a negative net profit and revenue below 100 million yuan [4] Group 2: Market and Technical Analysis - There has been a continuous inflow of main funds, with net inflows of 8.99 million yuan on February 10 and 7.41 million yuan on February 11, leading to a significant increase in stock price [2] - The trading volume has significantly increased, with a turnover of 179 million yuan on February 11 and a turnover rate of 6.68%, compared to a previous rate of 1.01% on February 2 [2] - Key moving averages have shown a bullish arrangement, with the current stock price of 22.29 yuan surpassing the 5-day, 20-day, and 60-day moving averages, indicating a strengthened short-term trend [2] Group 3: Industry Context - The company is categorized under micro-cap stocks, with a total market value of 3.344 billion yuan, and has seen a cumulative stock price increase of 42.61% since the beginning of 2026, significantly outperforming the beauty and personal care sector's increase of 4.96% [3] - Despite being marked for "rights protection" due to information disclosure violations, some investors may speculate on the potential for a rebound, compounded by the low market value which amplifies volatility [3]

Market Overview - The cosmetics sector experienced a decline of 0.98% on January 30, with Lafang Family leading the drop [1] - The Shanghai Composite Index closed at 4117.95, down 0.96%, while the Shenzhen Component Index closed at 14205.89, down 0.66% [1] Individual Stock Performance - Qingdao Kingking (002094) saw a closing price of 8.75, with an increase of 4.17% and a trading volume of 1.1682 million shares, amounting to a transaction value of 1.02 billion [1] - Lafang Family (603630) closed at 19.21, down 6.38%, with a trading volume of 89,300 shares and a transaction value of 174 million [2] - Shanghai Jahwa (600315) closed at 20.92, down 4.52%, with a trading volume of 163,300 shares and a transaction value of 345 million [2] - Other notable stocks include Beitaini (300957) at 41.89, down 0.85%, and Marubi (603983) at 31.52, down 0.32% [2] Capital Flow Analysis - The cosmetics sector saw a net inflow of 60.2766 million from institutional investors, while retail investors experienced a net outflow of 62.139 million [2] - The main capital inflow was led by Qingdao Kingking with 68.098 million, while retail investors showed significant outflows across various stocks [3] - Shanghai Jahwa had a net inflow of 6.7524 million from institutional investors, but also faced a net outflow of 7.7544 million from retail investors [3]

Market Overview - The cosmetics sector experienced a decline of 1.27% on January 27, with Marubi Biotechnology leading the drop [1] - The Shanghai Composite Index closed at 4139.9, up 0.18%, while the Shenzhen Component Index closed at 14329.91, up 0.09% [1] Individual Stock Performance - Key performers in the cosmetics sector included: - Jiahen Home Cosmetics (300955) with a closing price of 41.47, up 6.88% and a trading volume of 73,900 shares, totaling 303 million yuan [1] - Qingdao Kingway (002094) closed at 8.24, up 3.00% with a trading volume of 569,900 shares, totaling 467 million yuan [1] - Conversely, Marubi Biotechnology (603983) closed at 31.84, down 4.47% with a trading volume of 46,400 shares, totaling 149 million yuan [2] Capital Flow Analysis - The cosmetics sector saw a net outflow of 43.98 million yuan from main funds, while retail investors contributed a net inflow of 43.99 million yuan [2] - Notable capital flows included: - Qingdao Kingway (002094) with a net inflow of 22.70 million yuan from main funds [3] - Shanghai Jahwa (600315) with a net inflow of 8.10 million yuan from main funds [3] - Marubi Biotechnology (603983) experienced a slight net outflow of 94,800 yuan from main funds [3]

Core Viewpoint - The company, Jinsong New Materials (300849.SZ), expects a significant loss in 2025, projecting a loss between 45 million to 75 million yuan, compared to a loss of 22.65 million yuan in the same period last year [1] Group 1: Financial Performance - For the fiscal year 2025, the company anticipates a loss due to intensified domestic market competition and adverse foreign macroeconomic conditions [1] - The company plans to recognize fixed asset impairment losses based on preliminary asset impairment tests conducted at the end of 2025, with the final impairment amount to be determined by professional evaluation and auditing firms [1] - The company did not engage in property sales in the current year, which previously contributed 6.6744 million yuan to revenue in 2024 [1]

每经AI快讯，锦盛新材1月26日晚间发布业绩预告，预计2025年归属于上市公司股东的净利润亏损4500 万元~7500万元。上年同期归属于上市公司股东的净利润亏损2264.75万元。业绩变动主要原因是，2025 年度，因国内市场竞争日趋激烈叠加国外宏观环境影响，公司业绩未及预期。公司根据谨慎性原则，结 合2025年末初步资产减值测试情况，拟计提固定资产减值准备，最终减值的金额将由公司聘请的专业评 估机构及审计机构进行评估和审计后确定。2024年度发生房屋出售业务而本年度未发生，影响金额为 667.44万元。 （记者 王晓波） 每经头条（nbdtoutiao）——国际金价冲破5000美元！7年涨了280%，什么时候才见顶？专家：关键还 看美元，重点关注国际货币体系、降息和科技革命 ...

Financial Performance Expectations - The company expects a net loss of RMB 45 million to RMB 75 million for the fiscal year 2025, compared to a loss of RMB 22.65 million in the same period last year[3]. - The anticipated loss after deducting non-recurring losses is projected to be between RMB 48 million and RMB 78 million, compared to a loss of RMB 31.88 million in the previous year[3]. - The performance forecast is based on preliminary estimates by the finance department and has not yet been audited[4]. Factors Affecting Performance - The performance decline is attributed to intensified domestic market competition and adverse impacts from the international macro environment[5]. - The absence of real estate sales in 2025, which contributed RMB 6.67 million in the previous year, has also impacted the current year's performance[6]. Asset Management - The company plans to recognize impairment losses on fixed assets based on preliminary asset impairment tests, with the final amount to be determined by professional appraisal and audit firms[5]. Disclosure and Reporting - The company will disclose detailed performance data in the 2025 annual report, adhering to legal and regulatory requirements for timely information disclosure[7].

Group 1 - The cosmetics sector experienced a slight increase of 0.25% on January 21, with Lafang Jiahua leading the gains [1] - The Shanghai Composite Index closed at 4116.94, up 0.08%, while the Shenzhen Component Index closed at 14255.12, up 0.7% [1] - Lafang Jiahua's closing price was 22.89, reflecting a rise of 2.10%, with a trading volume of 57,000 shares and a transaction value of 130 million yuan [1] Group 2 - The cosmetics sector saw a net outflow of 55.52 million yuan from institutional investors, while retail investors had a net inflow of 30.86 million yuan [2] - The trading data for various companies showed mixed performance, with some companies like Betaini and Lafang Jiahua experiencing net outflows from institutional investors [3] - Betaini had a net outflow of 14.09 million yuan from institutional investors, while Lafang Jiahua saw a net inflow of 13.43 million yuan [3]

Group 1 - The cosmetics sector experienced a rise of 1.11% on January 20, with Shanghai Jahwa leading the gains [1] - The Shanghai Composite Index closed at 4113.65, down 0.01%, while the Shenzhen Component Index closed at 14155.63, down 0.97% [1] - Key stocks in the cosmetics sector showed varied performance, with Shanghai Jahwa closing at 23.92, up 3.55%, and Qingdao Kingking at 8.34, up 2.96% [1] Group 2 - The cosmetics sector saw a net inflow of 30.3 million yuan from institutional investors, while retail investors experienced a net outflow of 54.5 million yuan [2] - Notable individual stock performances included Shanghai Jahwa with a net inflow of 20.5 million yuan from institutional investors, and Qingdao Kingking with a net inflow of 23.3 million yuan [3] - The overall market sentiment reflected a mixed response, with some stocks like Banlaya experiencing significant net outflows from both institutional and retail investors [3]

Group 1 - The cosmetics sector experienced a slight increase of 0.09% on January 19, with Jinsheng New Materials leading the gains [1] - The Shanghai Composite Index closed at 4114.0, up by 0.29%, while the Shenzhen Component Index closed at 14294.05, up by 0.09% [1] - Jinsheng New Materials saw a closing price of 18.89, with a significant increase of 7.70%, and a trading volume of 87,600 shares, amounting to a transaction value of 167 million yuan [1] Group 2 - The cosmetics sector faced a net outflow of 50.88 million yuan from institutional investors, while retail investors saw a net inflow of 42.92 million yuan [2] - The trading data indicates that LaFang Family, with a closing price of 22.58, experienced a decline of 3.30%, with a trading volume of 70,600 shares and a transaction value of 161 million yuan [2] - The individual stock performance shows that Beitaini had a net inflow of 25.48 million yuan from institutional investors, but a net outflow of 39.58 million yuan from retail investors [3]

Group 1 - The cosmetics sector experienced a decline of 0.63% on January 16, with Jinsheng New Materials leading the drop [1] - The Shanghai Composite Index closed at 4101.91, down 0.26%, while the Shenzhen Component Index closed at 14281.08, down 0.18% [1] - Key stocks in the cosmetics sector showed varied performance, with Jiaheng Jiahua rising by 3.44% to a closing price of 39.37, while Jinsheng New Materials fell by 5.09% to 17.54 [2] Group 2 - The net outflow of main funds in the cosmetics sector was 89.97 million yuan, while retail investors saw a net inflow of 82.30 million yuan [2] - The main fund inflow for key stocks included 28.22 million yuan for Proya, while Jinsheng New Materials had a net outflow of 3.97 million yuan [3] - Retail investors showed a significant net inflow in stocks like Jiaheng Jiahua and Beitaini, while Jinsheng New Materials and Shanghai Jahwa experienced outflows [3]