邱国鹭的百亿私募高毅资产旗下产品三季度出现在18家公司前十大流通股名单中。具体来看，海康威视 （002415）为高毅资产第一大重仓股，持股市值达88.26亿元，但高毅资产三季度减持了5800万股。三 季度高毅资产减持数量最多的是紫金矿业（601899），减持数量达1860万股。 重仓行业包括计算机、食品饮料、电子等 【深圳商报讯】（记者 陈燕青）随着上市公司三季报披露完毕，百亿私募最新的持仓动向浮现。根据 私募排排网统计显示，截至10月31日，共有35家百亿私募旗下产品出现在203只个股三季报前十大流通 股东中，期末持仓市值超过700亿元。从持仓市值来看，百亿私募三季度末重仓行业包括计算机、食品 饮料、电子等。 对于后市走势，星石投资认为，市场仍具有内部驱动。短期来看，不确定因素压制市场风险偏好，资金 出于避险或止盈的需求可能会导致市场波动，这点在前期涨幅更大的科技成长风格中体现更为明显。中 期角度看，不确定性因素的扰动也会缓解。当前市场仍具有牛市驱动，流动性驱动有望持续的同时，基 本面驱动或将逐步跟上。 裘国根的重阳投资三季度继续重仓新和成（002001），持股数量与中报持平，为6117.81万股，期末持 ...

（文章来源：第一财经） 数据显示，机构本周首次关注87只个股，14股被给予目标价。 -纳芯微获国元证券给予"增持"评级，目标价207元，该股最新收盘价为172.06元； -腾景科技获国金证券给予"买入"评级，被给予目标价146.9元； -金山办公、德赛西威、大族数控、北方稀土等个股在列。 | 证券简称 | 机构名称 | 研究日期 | 最新评级 | 目标价位 | 最新收营价 | | --- | --- | --- | --- | --- | --- | | 科创新源 | 国等证券 | 10/29 | 买入 | 66.86 | 42.73 | | 威高血净 | 国会证券 | 10/28 | 买入 | 44.91 | 38.45 | | 无锡振华 | 国信证券 | 10/30 | 优于大市 | 27.71至31.69 | 22.47 | | 纳芯微 | 国元证券 | 10/29 | 增持 | 207.00 | 172.06 | | 盾安环境 | 光大证券 | 10/29 | 买人 | 20.39 | 13.79 | | 美畅股份 | 东北证券 | 10/29 | 壇持 | 20.00 | 16.66 | | 兔宝宝 ...

Group 1: Financial Performance - In Q3 2025, the company's sales volume of diamond wire saw a quarter-on-quarter decline of 26.19% [5] - The total revenue for the first three quarters of 2025 was down 19.70% year-on-year, amounting to 1.57 billion [5] - Q3 2025 revenue was 5.1 billion, reflecting a 12.50% decrease from Q2 [5] - The net profit attributable to shareholders for the first three quarters was 724.4 million, with a 7.96% increase compared to the entire previous year [5][6] Group 2: Product and Market Insights - The proportion of tungsten wire diamond wire increased from approximately 50%-60% in Q2 to over 80% in Q3 [7] - The market share of the company currently stands between 40%-50% [8] - The price of tungsten wire decreased by about 5% compared to Q2 [9] Group 3: Cost and Supply Chain Management - Approximately 60%-70% of the cost of tungsten wire comes from raw tungsten materials, which have seen a price increase of about 66% since mid-year [8] - The company has not raised prices for tungsten wire diamond wire despite rising raw material costs, maintaining stable pricing for end customers [8] - The company has sufficient inventory from low-cost raw material purchases, which has supported operations during price fluctuations [9] Group 4: Strategic Initiatives - The company is focusing on technological iterations and service upgrades to enhance customer value [6] - A flat organizational transformation is underway, maintaining historically low labor costs [6] - The self-supply ratio of tungsten wire is expected to reach 50% by Q4 2025, with all expansion equipment installed and tested [9]

Core Viewpoint - The recent quarterly reports from listed companies reveal a significant shift in investment strategies among prominent private equity managers, with an increased focus on cyclical industries and a need to monitor fundamental developments, policy benefits, and industrial upgrades as core themes [1][4]. Private Equity Holdings - Gao Yi Asset's Feng Liu significantly reduced holdings in Hikvision by 58 million shares, retaining 280 million shares valued at 8.826 billion yuan, making it the fourth-largest shareholder [1]. - Renqiao Asset's Xia Junjie maintained positions in several stocks while slightly reducing holdings in Xingfu Electronics and increasing stakes in Beijing Renli [1]. - Ningquan Asset's Yang Dong entered as the eighth-largest shareholder in Fuanna with 6.0512 million shares valued at 4.2 million yuan [2]. - Ruijun Asset's funds became top shareholders in Dinglong Co., while also increasing stakes in other companies [2]. Increased Focus on Cyclical Industries - Gao Yi Asset's Deng Xiaofeng reduced holdings in Zijin Mining by approximately 18.6 million shares, still holding 180 million shares valued at 5.3 billion yuan, with a significant gain of about 1.5 billion yuan from the position [3]. - The same fund also reduced its stake in Yun Aluminum, holding 28.5 million shares valued at 1.164 billion yuan [3]. Policy Benefits and Industrial Upgrades - The Shanghai Composite Index surpassed 4,000 points, reflecting improved market sentiment and recognition of the value reassessment cycle in Chinese equity assets [4]. - Fengjing Capital noted that economic data remains resilient, with expectations for moderate improvement in fixed investment growth due to policy initiatives [4]. - Ning Shui Capital emphasized the importance of policy benefits and industrial upgrades as core investment themes while advising caution regarding high valuations [4].

Market Overview - The general equipment sector increased by 1.09% on October 29, with Tiangang Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 4016.33, up 0.7%, while the Shenzhen Component Index closed at 13691.38, up 1.95% [1] Top Gainers in General Equipment Sector - Tiangang Co., Ltd. (code: 920651) closed at 54.40, up 20.73% with a trading volume of 39,400 lots and a transaction value of 194 million [1] - Rongyi Precision (code: 920223) closed at 22.55, up 16.54% with a trading volume of 206,500 lots and a transaction value of 439 million [1] - Tonghui Electronics (code: 920509) closed at 43.59, up 12.61% with a trading volume of 132,300 lots and a transaction value of 533 million [1] - Other notable gainers include Riyue Ming (code: 300906) and Dingtai Gaoke (code: 301377), with increases of 12.14% and 12.03% respectively [1] Top Losers in General Equipment Sector - Weilon Co., Ltd. (code: 002871) closed at 15.29, down 7.72% with a trading volume of 155,600 lots and a transaction value of 242 million [2] - Haitai Cold Chain (code: 603187) closed at 14.31, down 4.02% with a trading volume of 222,200 lots and a transaction value of 317 million [2] - Yindu Co., Ltd. (code: 603277) closed at 18.16, down 3.86% with a trading volume of 67,600 lots and a transaction value of 121 million [2] Capital Flow Analysis - The general equipment sector saw a net inflow of 298 million from institutional investors, while retail investors experienced a net outflow of 258 million [2][3] - Major stocks like Huadong CNC (code: 002248) and Ningbo Jingda (code: 603088) had significant net inflows from institutional investors, amounting to 163 million and 144 million respectively [3] - Conversely, retail investors showed net outflows in several stocks, including Huadong CNC and Ningbo Jingda, indicating a shift in investor sentiment [3]

Group 1 - The core point of the article is that Meichang Co., Ltd. announced the convening of its board meeting to discuss the appointment of an accounting firm for the year 2025 [1] - For the fiscal year 2024, Meichang's revenue composition is as follows: superhard material products account for 96.32%, while other products account for 3.68% [1] - As of the report, Meichang's market capitalization stands at 10.7 billion yuan [1] Group 2 - The A-share market has surpassed 4000 points, marking a significant resurgence after a decade of stagnation, with technology leading the market's transformation [1] - The emergence of a "slow bull" market pattern is noted, indicating a potential shift in market dynamics [1]

Core Viewpoint - Meichang Co., Ltd. announced on October 28 that it has made provisions for credit and asset impairment totaling 18,418,924.84 yuan for the third quarter of 2025 [2] Summary by Category - Financial Performance - The company reported a total provision of 18,418,924.84 yuan for credit and asset impairment [2]

杨凌美畅新材料股份有限公司 董事会审计委员会工作细则 第一章 总 则 第一条 为强化杨凌美畅新材料股份有限公司（以下简称公司）董事会决策 功能，做到事前审计、专业审计，确保公司董事会对经理层的有效监督，完善公 司治理结构，根据《中华人民共和国公司法》《上市公司治理准则》《上市公司独 立董事管理办法》《深圳证券交易所上市公司自律监管指引第 2 号——创业板上 市公司规范运作》等法律、行政法规、规范性文件及《杨凌美畅新材料股份有限 公司章程》（以下简称"《公司章程》"）及其他有关规定，公司董事会特设立审 计委员会，并制定本细则。 第二条 董事会审计委员会是董事会下设的专门委员会，行使《公司法》规 定的监事会的职权，负责审核公司财务信息及其披露，监督及评估内外部审计工 作和内部控制。 第二章 人员组成 第三条 审计委员会委员由三名不在公司担任高级管理人员的董事组成，其 中独立董事过半数，董事会成员中的职工代表可以成为审计委员会委员，委员中 至少有一名独立董事为会计专业人士。 第四条 审计委员会设主任委员（召集人）一名，由独立董事委员担任，且 该主任委员（召集人）应当为会计专业人士，负责主持审计委员会工作、召集和 主 ...

杨凌美畅新材料股份有限公司 信息披露暂缓与豁免管理制度 第一章 总 则 第一条 为规范杨凌美畅新材料股份有限公司（以下简称"公司"）的信 息披露暂缓与豁免行为，确保公司及相关信息披露义务人依法合规地履行信息披 露义务，保护投资者的合法权益，根据《中华人民共和国证券法》（以下简称《证 券法》）、《上市公司信息披露管理办法》《上市公司信息披露暂缓与豁免管理 规定》《深圳证券交易所创业板股票上市规则》（以下简称《上市规则》）、《上 市公司自律监管指引第 2 号——创业板上市公司规范运作》（以下简称《上市公 司规范运作》）等法律、法规和《杨凌美畅新材料股份有限公司章程》（以下简 称《公司章程》）的有关规定，并结合公司实际情况，特制定本制度。 第二条 公司及相关信息披露义务人暂缓、豁免披露临时报告，在定期报 告、临时报告中豁免披露中国证券监督管理委员会（以下简称"中国证监会"） 和深圳证券交易所规定或者要求披露的内容，适用本制度。 第三条 公司及相关信息披露义务人应当真实、准确、完整、及时、公平 地披露信息，不得滥用暂缓或者豁免披露规避信息披露义务、误导投资者，不得 实施内幕交易、操纵市场等违法行为。 第四条 公司及相 ...

杨凌美畅新材料股份有限公司 信息披露管理制度 第一章 总 则 第一条 为规范杨凌美畅新材料股份有限公司（以下简称"公司"）及相 关信息披露义务人的信息披露行为，确保公司信息披露的真实、准确、完整和及 时，切实保护公司股东及投资者的合法权益，根据《中华人民共和国公司法》《中 华人民共和国证券法》（以下简称"《证券法》"）《上市公司信息披露管理办 法》《深圳证券交易所创业板股票上市规则》（以下简称"《上市规则》"）《深 圳证券交易所上市公司自律监管指引第 5 号——信息披露事务管理》等法律、行 政法规、规范性文件和《杨凌美畅新材料股份有限公司章程》（以下简称"《公 司章程》"）的有关规定，并结合公司实际情况，制定本制度。 第二条 公司及相关信息披露义务人应当及时依法履行信息披露义务，披 露的信息应当真实、准确、完整，简明清晰、通俗易懂，不得有虚假记载、误导 性陈述或重大遗漏。 第三条 公司董事会秘书办公室是负责公司信息披露事务的常设机构。 第四条 公司的董事、高级管理人员应当忠实、勤勉地履行职责，保证披 露信息的真实、准确、完整，信息披露及时、公平。 第五条 公司信息披露文件包括定期报告、临时报告、招股说明书、募 ...