Core Points - The Shanghai Composite Index closed at 3939.81 points, above the six-month moving average, with a decline of 0.81% [1] - The total trading volume of A-shares reached 1,945.96 billion yuan [1] - A total of 51 A-shares have surpassed the six-month moving average, with notable stocks showing significant deviation rates [1] Summary by Category Market Performance - The Shanghai Composite Index is currently at 3939.81 points, indicating a slight decline of 0.81% [1] - The total trading volume for A-shares today was 1,945.96 billion yuan [1] Stocks Surpassing Six-Month Moving Average - 51 A-shares have broken through the six-month moving average, with the highest deviation rates observed in: - Longxun Co., Ltd. with a deviation rate of 18.63% and a price increase of 20.00% [1] - Meideng Technology with a deviation rate of 14.56% and a price increase of 22.82% [1] - Jingchen Co., Ltd. with a deviation rate of 9.04% and a price increase of 11.90% [1] Additional Notable Stocks - Other stocks with significant performance include: - Guangyun Technology with a deviation rate of 8.67% and a price increase of 19.99% [1] - Qixin Group with a deviation rate of 8.30% and a price increase of 10.07% [1] - Haohan Deep Technology with a deviation rate of 6.70% and a price increase of 9.03% [1]

Core Points - The Shanghai Composite Index is at 3937.29 points, with a decrease of 0.87%, and the total trading volume of A-shares is 1,593.98 billion yuan [1] - 30 A-shares have surpassed their annual line today, with notable stocks showing significant deviation rates [1] Summary by Category Stock Performance - Notable stocks that have broken through the annual line include: - Guangyun Technology (光云科技) with a deviation rate of 19.13% and a price increase of 19.99% [1] - Longxun Co., Ltd. (龙迅股份) with a deviation rate of 15.24% and a price increase of 20.00% [1] - Haohan Depth (浩瀚深度) with a deviation rate of 6.26% and a price increase of 8.69% [1] Trading Metrics - The trading volume for A-shares today is reported at 1,593.98 billion yuan [1] - The turnover rates for the top stocks that broke through the annual line vary, with Longxun Co., Ltd. at 17.65% and Guangyun Technology at 8.82% [1] Deviation Rates - Stocks with smaller deviation rates that have just crossed the annual line include: - Tianlong Group (天龙集团) with a deviation rate of 0.00% [2] - Jinyu Medical (金域医学) with a deviation rate of 0.05% [2] - Lihua Micro (力合微) with a deviation rate of 0.07% [2]

Group 1 - The core viewpoint of the news is that Kaichun Co., Ltd. has experienced fluctuations in stock performance, with a recent increase in share price and notable trading activity, despite a year-to-date decline in stock value [1] - As of November 17, Kaichun's stock price rose by 2.05% to 31.33 CNY per share, with a total market capitalization of 2.506 billion CNY and a trading volume of 30.7681 million CNY [1] - The company has seen a net inflow of 977,000 CNY from major funds, with significant buying and selling activity recorded [1] Group 2 - For the period from January to September 2025, Kaichun reported a revenue of 229 million CNY, a year-on-year decrease of 22.81%, and a net profit attributable to shareholders of 366,900 CNY, down 92.15% year-on-year [2] - The number of shareholders decreased by 17.19% to 9,788, while the average number of circulating shares per person increased by 20.76% to 5,104 shares [2] - Since its A-share listing, Kaichun has distributed a total of 60 million CNY in dividends, with 50 million CNY distributed over the past three years [3]

Market Overview - On November 7, the internet e-commerce sector declined by 0.8%, with Qingmu Technology leading the drop [1] - The Shanghai Composite Index closed at 3997.56, down 0.25%, while the Shenzhen Component Index closed at 13404.06, down 0.36% [1] Stock Performance - Notable gainers included: - Xinxunda (300518) with a closing price of 16.77, up 6.68% and a trading volume of 143,700 shares, totaling 236 million yuan [1] - Guolian Co. (603613) closed at 28.49, up 0.99% with a trading volume of 128,300 shares [1] - Significant decliners included: - Qingmu Technology (301110) closed at 72.92, down 4.07% with a trading volume of 44,300 shares, totaling 328 million yuan [2] - JiaoDian Technology (002315) closed at 44.88, down 3.79% with a trading volume of 72,600 shares [2] Capital Flow - The internet e-commerce sector experienced a net outflow of 60.73 million yuan from institutional investors, while retail investors saw a net inflow of 72.48 million yuan [2] - The overall capital flow indicates a mixed sentiment among different investor types, with retail investors showing a preference for certain stocks [2] Individual Stock Capital Flow - Xinxunda (300518) had a net inflow of 25.59 million yuan from institutional investors, while retail investors had a net outflow of 27.37 million yuan [3] - Qingmu Technology (301110) saw a net inflow of 25.37 million yuan from institutional investors, but a net outflow of 37.90 million yuan from retail investors [3] - Guolian Co. (603613) had a net inflow of 23.83 million yuan from institutional investors, with retail investors experiencing a net outflow of 35.19 million yuan [3]

Market Performance - The internet e-commerce sector rose by 0.53% on November 3, with Guolian Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3976.52, up 0.55%, while the Shenzhen Component Index closed at 13404.06, up 0.19% [1] Stock Performance - Guolian Co., Ltd. (603613) closed at 29.39, with a gain of 3.49% and a trading volume of 159,500 shares, amounting to 467 million yuan [1] - Other notable performers included: - Shitou Co., Ltd. (600539) at 10.93, up 2.15% [1] - ST Tongpu (600365) at 3.36, up 2.13% [1] - Liren Lizhuang (605136) at 9.84, up 2.07% [1] - Jiao Dian Technology (002315) at 48.20, up 1.80% [1] Capital Flow - The internet e-commerce sector experienced a net outflow of 66.54 million yuan from institutional investors and 52.86 million yuan from retail investors, while individual investors saw a net inflow of 119 million yuan [2] - The capital flow for key stocks included: - Guolian Co., Ltd. had a net inflow of 55.05 million yuan from institutional investors [3] - Jiao Dian Technology saw a net inflow of 14.74 million yuan from institutional investors [3] - Star徽股份 (300464) had a net inflow of 12.41 million yuan from institutional investors [3]

Core Viewpoint - The company reported a significant decline in both revenue and net profit for the first three quarters of 2025 compared to the previous year [1] Financial Performance - The company's operating revenue for the first three quarters was 229 million yuan, representing a year-on-year decrease of 22.81% [1] - The net profit attributable to shareholders of the listed company was 366,900 yuan, down 92.15% year-on-year [1] - The net loss attributable to shareholders, after deducting non-recurring gains and losses, was 3.3377 million yuan [1] - Basic earnings per share were reported as 0 yuan [1]

Core Viewpoint - The company announced the nomination of candidates for its fourth board of directors, including both non-independent and independent directors [1] Group 1: Board of Directors Nominations - The company nominated Ms. Xu Wangli, Mr. Xu Lei, and Mr. Wu Lingdong as candidates for non-independent directors of the fourth board [1] - The company nominated Ms. Xin Rong, Ms. Yang Yan, and Mr. Ge Xinyu as candidates for independent directors of the fourth board [1]

上海凯淳实业股份有限公司 子公司、分公司管理制度 2025 年 10 月 第一章 总则 公司应重点加强对子公司的管理控制，加强对关联交易、对外担保、募集资金使用、重 大投资、信息披露等活动的控制。 第一条 为了加强上海凯淳实业股份有限公司（以下简称"公司"）对子公司、分公司的管理， 明确公司与子公司、分公司的财产权益和经营管理责任，确保子公司、分公司规范、高 效、有序地运作，全面落实公司的经营方针，提高公司整体资产运营质量，维护公司及 投资者的合法权益，根据《中华人民共和国公司法》（以下简称《公司法》）、《中华人民 共和国证券法》（以下简称《证券法》）、《深圳证券交易所创业板股票上市规则》（以下 简称《上市规则》）等法律法规、部门规章、规范性文件以及《公司章程》等相关规定， 结合公司实际情况，制定本制度。 第二条 本制度所称子公司是指公司持有 50%以上股权或股份，或者虽然持有其股权或股份 50% 以下但能够对其实施实际控制的公司；其中，公司持股比例为 100%的，为全资子公司。 本制度所称分公司是指由公司或子公司投资设立但不具有独立法人资格的分支机构。公 司下属分公司直接纳入公司管理，公司对其实行统一管理， ...

第五条 公司及相关信息披露义务人应当根据法律、行政法规、部门规章、规范性文件、本规则 及本所其他相关规定，及时、公平地披露所有可能对公司股票及其衍生品种交易价格或 者投资决策产生较大影响的信息或事项（以下简称重大信息、重大事件或者重大事项）， 上海凯淳实业股份有限公司 信息披露管理制度 2025 年 10 月 第一章 总则 第一条 目的 为加强上海凯淳实业股份有限公司（以下简称公司）的信息管理，确保对外信息披露工 作的真实性、准确性与及时性，保护公司、股东、债权人及其他利益相关者的合法权益， 根据《中华人民共和国公司法》（以下简称《公司法》）、《中华人民共和国证券法》（以 下简称《证券法》）、《上市公司治理准则》《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》等法律、法规、规范性文件及《上海凯淳实业股份有限公司 章程》（以下简称《公司章程》）的规定，结合公司实际情况，特制定本制度。 第二条 本制度所称"信息"是指能对公司证券及其衍生品种交易价格产生重大影响的信息以及 中国证监会、证券交易所等监管机构要求披露的其他信息。 本制度所称"披露"是指公司及其他信息披露义务人按照有关法律、法规、部门规 ...

上海凯淳实业股份有限公司 委托理财管理制度 2025 年 10 月 第一章 总则 公司可对理财产品资金投向实施控制或者重大影响的，应当充分披露资金最终投向、涉 及的交易对手方或者标的资产的详细情况，并充分揭示投资风险以及公司的应对措施。 第二章 委托理财操作规则 第五条 公司进行委托理财的，应当选择资信状况及财务状况良好、无不良诚信记录及盈利能力 强的合格专业理财机构作为受托方，并与受托方签订书面合同，明确委托理财的金额、 期限、投资品种、双方的权利义务及法律责任等。 公司不得将理财产品授予个人或其他公司进行投资。 第一条 为规范上海凯淳实业股份有限公司（以下简称"公司"）委托理财业务的管理，提高资 金运作效率，防范委托理财决策和执行过程中的相关风险，维护股东和公司的合法权益， 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司信息披露管理办法》 《股票上市规则》《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》《深圳证券交易所上市公司自律监管指引第 7 号——交易与关联交易》及《上 海凯淳实业股份有限公司章程》（以下简称"《公司章程》"）等法律法规和相关规定，结 合公司 ...