（文章来源：证券日报） 证券日报网讯 1月19日，南极光在互动平台回答投资者提问时表示，截至2026年1月9日，公司股东总户 数为17372户。 ...

Group 1 - The core point of the news is that Nanjiguang's stock price has dropped by 5.01%, currently trading at 31.82 yuan per share, with a total market capitalization of 7.085 billion yuan [1] - Nanjiguang, established on January 4, 2009, and listed on February 3, 2021, focuses on the research, production, and sales of mobile phone components, primarily backlight display modules, which account for 99.18% of its revenue [1] - The trading volume for Nanjiguang reached 239 million yuan, with a turnover rate of 4.70% [1] Group 2 - According to data, Hongde Fund has one fund heavily invested in Nanjiguang, specifically the Hongde Digital Economy Mixed Initiation A (018865), which held 8,400 shares, representing 1.24% of the fund's net value [2] - The fund has experienced a floating loss of approximately 14,100 yuan today [2] - The Hongde Digital Economy Mixed Initiation A fund was established on September 6, 2023, with a current size of 17.8202 million yuan, yielding 5.96% this year and 48.45% over the past year [2]

Core Viewpoint - The stock price of Nanji Guang increased by 2.00% on January 5, reaching 29.03 CNY per share, with a total market capitalization of 6.463 billion CNY [1] Group 1: Stock Performance - Year-to-date, Nanji Guang's stock price has risen by 2.00%, while it has decreased by 6.60% over the last five trading days [2] - Over the past 20 days, the stock price increased by 8.08%, and over the last 60 days, it rose by 3.53% [2] Group 2: Company Overview - Nanji Guang, established on January 4, 2009, and listed on February 3, 2021, is located in Shenzhen, Guangdong Province [2] - The company specializes in the research, production, and sales of mobile phone components, primarily focusing on backlight display modules, which account for 99.18% of its revenue [2] - The company belongs to the electronic industry, specifically in the optical optoelectronics-LED sector, and is associated with concepts such as MLED, OLED, LED, high transfer, and Huawei concepts [2] Group 3: Financial Performance - For the period from January to September 2025, Nanji Guang achieved a revenue of 615 million CNY, representing a year-on-year growth of 158.18% [2] - The net profit attributable to the parent company was 110 million CNY, showing a significant year-on-year increase of 7228.28% [2] Group 4: Shareholder Information - As of December 19, 2025, the number of shareholders of Nanji Guang was 16,000, an increase of 6.12% from the previous period [2] - The average circulating shares per person decreased by 5.77% to 9,860 shares [2] - Since its A-share listing, Nanji Guang has distributed a total of 27.3563 million CNY in dividends, with no dividends paid in the last three years [3]

Investment Rating - The report initiates coverage on Nanji Guang (300940.SZ) with a "Buy" rating [5] Core Views - The company is the sole supplier of backlight components for the Switch 2 display panel, with applications spanning laptops, tablets, industrial control, and automotive sectors. The launch of Switch 2 marks a turning point for the company's performance [5] - Nintendo's official website indicates that Switch 2 sold over 3.5 million units within four days of its launch, surpassing the initial month's sales of the first-generation Switch, which was 2.74 million units. Annual sales are expected to exceed 15 million units [5] - Historical sales data for the first-generation Switch shows a growth from approximately 13 million units in 2017 to over 28 million units in 2020, achieving a compound annual growth rate of about 29.5% [5] - Nanji Guang has shifted focus from traditional smartphone applications to optimizing production capacity for gaming consoles and tablets, collaborating with key clients on technology development to secure order shares [5] - The report highlights that the market generally perceives a lack of growth in the backlight module market due to the trend of OLED replacing LCD displays. However, it argues that LCD technology will continue to thrive in long-lifespan terminal platforms such as gaming consoles, TVs, and automotive applications, presenting structural growth opportunities [5] Financial Data and Profit Forecast - Total revenue projections for 2025E, 2026E, and 2027E are estimated at 12.8 billion, 19.2 billion, and 25.0 billion yuan, with year-on-year growth rates of 180.0%, 50.0%, and 30.0% respectively [3][5] - Net profit attributable to shareholders is forecasted to be 1.54 billion, 2.59 billion, and 2.97 billion yuan for 2025E, 2026E, and 2027E, with year-on-year growth rates of 647.7%, 67.9%, and 14.8% respectively [3][5] - The report anticipates gross profit margins of 22.0%, 25.0%, and 23.0% for the years 2025-2027 [5] - The company is expected to achieve a return on equity (ROE) of 12.5%, 17.3%, and 16.6% for the years 2025-2027 [3][5] Market Data - The closing price of the stock on December 30, 2025, is noted at 29.12 yuan, with a market capitalization of 4.586 billion yuan [4] - The stock's price-to-earnings ratio is projected to be 42.9, 25.6, and 22.3 for the years 2025E, 2026E, and 2027E respectively [3][5]

Core Viewpoint - The announcement indicates that Guangdao Tui has established a special compensation fund of 210 million yuan to compensate eligible investors for losses incurred due to the company's violations of information disclosure regulations [1] Group 1 - Guangdao Tui has announced the establishment of a special compensation fund by Wukuang Securities [1] - The scale of the compensation fund is set at 210 million yuan [1] - The fund is intended to compensate eligible investors for investment losses resulting from the company's illegal information disclosure [1]

Group 1 - The core point of the news is that Nanjing Light's stock has experienced a continuous decline, dropping 1.01% to 29.45 CNY per share, with a total market value of 6.557 billion CNY and a cumulative drop of 10.79% over the last six days [1] - Nanjing Light, established on January 4, 2009, and listed on February 3, 2021, focuses on the research, production, and sales of mobile phone components, primarily backlight display modules, which account for 99.18% of its revenue [1] - The company is located in Bao'an District, Shenzhen, Guangdong Province, and has a total trading volume of 42.6187 million CNY with a turnover rate of 0.91% [1] Group 2 - From the perspective of fund holdings, Nanjing Light is a significant position for Xinyuan Fund, with its Xinyuan Guozheng 2000 Index Enhanced A fund holding 59,200 shares, representing 0.78% of the fund's net value, ranking as the fifth-largest holding [2] - The fund has incurred a floating loss of approximately 17,800 CNY today and a total floating loss of 213,100 CNY during the six-day decline [2] - The Xinyuan Guozheng 2000 Index Enhanced A fund was established on August 10, 2023, with a current scale of 94.3095 million CNY and has achieved a year-to-date return of 37.12% [2]

Group 1 - A total of 40 stocks have increased by 30% this week, with the largest increase being 74.8% for Guangdao Tui [1] - Antong Holdings, Jiamei Packaging, Shenjian Co., and Shengtong Energy have all seen cumulative increases of over 60% this week [1] - The machinery equipment industry leads with 6 stocks among those that increased over 30%, followed by the construction decoration industry with 5 stocks [1]

Group 1 - The company, Nanji Guang, reported that as of December 19, 2025, the total number of shareholders is 15,971 [2]

Group 1 - The core focus of the news is on the performance of stocks in the A-share market, highlighting the significant number of stocks that have reached their daily limit up, particularly in the packaging and commercial aerospace sectors [1][2] - A total of 96 stocks in the A-share market hit the daily limit up on December 25, indicating strong market activity and investor interest [1] - Notable stocks include Jiamei Packaging with 7 consecutive limit ups and Hexing Packaging with 4 consecutive limit ups, showcasing the packaging sector's robust performance [1] Group 2 - In the commercial aerospace sector, Shenjian Co. achieved 6 consecutive limit ups, while Chuangyuan Technology recorded 4 consecutive limit ups, reflecting strong investor sentiment in this industry [1] - Other stocks with notable consecutive limit ups include Shengtong Energy with 10 days, indicating a strong upward trend in the gas sector [1] - The data also lists various other stocks with consecutive limit ups across different sectors, including electronic components, photovoltaic, construction, and transportation, indicating a broad market rally [1][2]

Core Viewpoint - The company announced the cancellation of the supervisory board and the revision of its articles of association, completing the necessary business registration changes [2] Group 1 - The company held its third board meeting and supervisory board meeting on November 12, 2025, and a temporary shareholders' meeting on November 28, 2025, to review and approve the proposal [2] - The company completed the business registration changes and the filing of its articles of association on December 24, 2025, receiving the registration notice from the Shenzhen Market Supervision Administration [2]