Core Viewpoint - Senhe Elevator Co., Ltd. is experiencing a rise in stock price and has a significant market presence in various international markets, particularly in the context of new urbanization and the Belt and Road Initiative [1][2]. Company Overview - Senhe Elevator Co., Ltd. was established on December 7, 2007, and went public on September 7, 2021. The company specializes in the research, development, manufacturing, and sales of elevators, escalators, and moving walkways, along with related installation, debugging, maintenance, and aftermarket services [6]. - The company's revenue composition includes 77.58% from equipment buyout models, 20.88% from elevator sales with installation services, and 1.53% from parts and other services [6]. Market Activity - On September 29, the stock price of Senhe increased by 2.02%, with a trading volume of 98.66 million yuan and a turnover rate of 4.42%, leading to a total market capitalization of 3.375 billion yuan [1]. - The main net inflow of funds today was 2.8995 million yuan, accounting for 0.03% of the total, with the industry ranking at 40 out of 194 [3][4]. International Presence - The company has a strong international customer base, primarily in Bangladesh, Russia (Far East region), Kuwait, Uzbekistan, and Mexico, with Bangladesh, Russia, and Kuwait being the most significant foreign sales regions [2]. - Senhe actively responds to the Belt and Road Initiative, exporting products to various countries and regions [2]. Technological Advancements - The company integrates IoT cloud service platforms with its elevator products to support new urbanization initiatives, enabling remote monitoring and management of elevator operations through big data and cloud computing technologies [2]. - Senhe is developing new technologies in biometric recognition, including voice, facial, and fingerprint recognition, as well as IoT-based remote call and QR code recognition for elevators [2]. Financial Performance - For the first half of 2025, Senhe reported a revenue of 243 million yuan, a year-on-year decrease of 36.17%, and a net profit attributable to shareholders of 35.54 million yuan, down 40.04% year-on-year [6].

Core Viewpoint - The Chinese elevator industry is experiencing a decline in production, with a notable decrease in output for the year 2025 compared to previous years [1] Industry Summary - In July 2025, the production of elevators, escalators, and lifts in China reached 115,000 units, representing a year-on-year decrease of 3.4% [1] - From January to July 2025, the cumulative production of these devices was 769,000 units, showing a cumulative decline of 5.6% [1] - The data indicates a downward trend in the elevator industry, which may impact investment opportunities and market dynamics [1] Company Summary - Listed companies in the elevator sector include 康力电梯 (Kangli Elevator), 森赫股份 (Senhe Co.), 广日股份 (Guangri Co.), 上海机电 (Shanghai Mechanical & Electrical), 金螳螂 (Jin Tanglang), 快意电梯 (Kuaiji Elevator), 梅轮电梯 (Meilun Elevator), and 远大智能 (Yuan Da Intelligent) [1] - The report by 智研咨询 (Zhiyan Consulting) provides insights into the competitive landscape and future trends of the elevator industry from 2025 to 2031 [1]

Core Viewpoint - The company, Senhe Elevator Co., Ltd., is experiencing a decline in stock performance and revenue, while focusing on international markets and new technologies in the elevator industry [2][6]. Company Overview - Senhe Elevator Co., Ltd. was established on December 7, 2007, and went public on September 7, 2021. The company specializes in the research, manufacturing, and sales of elevators, escalators, and moving walkways, along with related installation, debugging, and maintenance services [6]. - The company's revenue composition includes 77.58% from equipment sales, 20.88% from installation services, and 1.53% from parts and other services [6]. - As of September 19, 2023, the number of shareholders is 9,696, an increase of 0.26% from the previous period, while the average circulating shares per person decreased by 0.26% [6]. Financial Performance - For the first half of 2025, the company reported a revenue of 243 million yuan, a year-on-year decrease of 36.17%, and a net profit attributable to shareholders of 35.54 million yuan, down 40.04% year-on-year [6]. - Since its A-share listing, the company has distributed a total of 227 million yuan in dividends, with 173 million yuan distributed over the past three years [7]. Market Activity - On September 26, 2023, the company's stock price fell by 0.40%, with a trading volume of 105 million yuan and a turnover rate of 4.69%, resulting in a total market capitalization of 3.308 billion yuan [1]. - The main capital inflow for the day was negative at 2.2286 million yuan, with the industry ranking at 112 out of 194, indicating a continuous reduction in main capital over the past three days [3][4]. Strategic Focus - The company has a significant international customer base, primarily in Bangladesh, Russia, Kuwait, Uzbekistan, and Mexico, with Bangladesh, Russia, and Kuwait being the main foreign sales regions [2]. - The company is actively responding to the "Belt and Road" initiative, with products exported to various countries [2]. - The company is integrating new technologies such as biometric recognition and IoT for remote elevator management and monitoring, enhancing its product offerings [2].

Core Viewpoint - The Chinese elevator industry is experiencing a decline in production, with significant year-on-year decreases reported for 2025 [1][2]. Industry Summary - In May 2025, the production of elevators, escalators, and lifts in China reached 124,000 units, representing a year-on-year decrease of 8.1% [1]. - From January to May 2025, the cumulative production of elevators, escalators, and lifts was 517,000 units, showing a cumulative decline of 6.5% [1]. Company Summary - Listed companies in the elevator sector include 康力电梯 (Kangli Elevator), 森赫股份 (Senhe Co.), 广日股份 (Guangri Co.), 上海机电 (Shanghai Mechanical), 金螳螂 (Jintanglang), 快意电梯 (Kuaiyi Elevator), 梅轮电梯 (Meilun Elevator), and 远大智能 (Yuanda Intelligent) [1].

Core Viewpoint - Senhe Elevator Co., Ltd. has shown a significant increase in stock price and trading volume, indicating potential investor interest and market activity [1] Company Overview - Senhe Elevator Co., Ltd. is located in Huzhou, Zhejiang Province, established on December 7, 2007, and listed on September 7, 2021. The company specializes in the research, manufacturing, and sales of elevators, escalators, and moving walkways, along with related installation, debugging, maintenance, and aftermarket services [6] - The company's revenue composition includes 77.58% from equipment sales, 20.88% from sales with installation services, and 1.53% from parts and other services [6] - As of September 19, the number of shareholders is 9,696, an increase of 0.26%, with an average of 18,151 circulating shares per person, a decrease of 0.26% [6] Financial Performance - For the first half of 2025, Senhe Elevator reported revenue of 243 million yuan, a year-on-year decrease of 36.17%, and a net profit attributable to shareholders of 35.54 million yuan, down 40.04% year-on-year [6] - The company has distributed a total of 227 million yuan in dividends since its A-share listing, with 173 million yuan distributed over the past three years [7] Market Activity - On September 24, Senhe shares rose by 7.76%, with a trading volume of 125 million yuan and a turnover rate of 5.98%, bringing the total market capitalization to 3.185 billion yuan [1] - The main capital flow showed a net outflow of 1.8308 million yuan, accounting for 0.01%, indicating a reduction in main capital positions over the past two days [3][4] Industry Context - The company is involved in various concepts such as Sino-Russian trade, new urbanization, the Belt and Road Initiative, the Internet of Things, and facial recognition technology [2] - Senhe's overseas clients are primarily located in Bangladesh, Russia (Far East), Kuwait, Uzbekistan, and Mexico, with Bangladesh, Russia, and Kuwait being the main foreign sales regions [2] - The company is actively responding to the national "Belt and Road" initiative, exporting products to several countries [2]

Core Viewpoint - The stock of Senhe Elevator Co., Ltd. experienced a decline of 3.63% on September 18, with a trading volume of 52.89 million yuan and a total market capitalization of 2.972 billion yuan [1] Company Overview - Senhe Elevator Co., Ltd. is located in Huzhou, Zhejiang Province, and was established on December 7, 2007. It was listed on September 7, 2021. The company specializes in the research, development, manufacturing, and sales of elevators, escalators, and moving walkways, as well as providing related installation, debugging, maintenance, and aftermarket services [6] - The main revenue composition of the company includes: 77.58% from equipment buyout model, 20.88% from elevator sales with installation services, and 1.53% from parts and others [6] - As of September 10, the number of shareholders of Senhe Elevator was 9,671, an increase of 2.57% from the previous period, with an average of 18,198 circulating shares per person, a decrease of 2.50% [6] Financial Performance - For the period from January to June 2025, Senhe Elevator reported a revenue of 243 million yuan, a year-on-year decrease of 36.17%, and a net profit attributable to the parent company of 35.54 million yuan, down 40.04% year-on-year [6] Market Activity - On September 18, the main net inflow of funds was -4.84 million yuan, accounting for 0.09% of the total, with the stock ranking 103 out of 194 in its industry. There was no significant trend in the main funds, and the industry saw a net outflow of -686 million yuan over two consecutive days [3][4] - The average trading cost of the stock is 10.72 yuan, with the current stock price fluctuating between resistance at 11.47 yuan and support at 10.42 yuan, suggesting potential for short-term trading [5] Strategic Initiatives - The company has a significant overseas customer base, primarily in Bangladesh, Russia (Far East region), Kuwait, Uzbekistan, and Mexico, with Bangladesh, Russia, and Kuwait being the main foreign sales regions [2] - Senhe Elevator is actively responding to the national "Belt and Road" initiative, with products exported to countries such as Bangladesh, Kuwait, and Mexico [2] - The company is integrating new technologies such as biometric recognition (voice, facial, and fingerprint recognition) and IoT applications for remote elevator calling and QR code recognition into its product offerings [2]

Core Insights - Senhe Elevator Co., Ltd. experienced a stock price increase of 5.68% on September 15, reaching 11.35 CNY per share, with a total market capitalization of 3.028 billion CNY [1] Company Overview - Senhe Elevator Co., Ltd. is located in the Lian City Industrial Park, Nanxun District, Huzhou, Zhejiang Province, and was established on December 7, 2007, with its listing date on September 7, 2021 [1] - The company's main business includes the research, manufacturing, and sales of elevators, escalators, and moving walkways, along with related installation, debugging services, and after-market services such as maintenance, parts sales, and upgrades [1] - The revenue composition of the main business is as follows: 77.58% from equipment buyout model, 20.88% from elevator sales with installation services, and 1.53% from parts and other services [1] Fund Holdings - According to data from the top ten holdings of funds, one fund under ICBC Credit Suisse holds a significant position in Senhe shares. The fund, ICBC Credit Suisse Joy Mixed A (011729), held 32,500 shares in the second quarter, accounting for 0.12% of the fund's net value, ranking as the fourth-largest holding [2] - The fund has a total scale of 90.9406 million CNY and has achieved a year-to-date return of 26.2%, ranking 3,233 out of 8,246 in its category, with a one-year return of 45.23%, ranking 3,592 out of 8,054 [2] Fund Manager Information - The fund manager for ICBC Credit Suisse Joy Mixed A (011729) is Jiao Wenlong, who has a tenure of 10 years and 124 days, managing assets totaling 9.24 billion CNY, with the best fund return during his tenure being 86.49% and the worst being -89.78% [3] - Co-manager He Shun has a tenure of 1 year and 332 days, managing assets of 6.865 billion CNY, with the best return of 55.46% and the worst return of 6.84% during his tenure [3]

（文章来源：证券日报） 证券日报网讯森赫股份9月11日在互动平台回答投资者提问时表示，根据中国结算深圳分公司的最新数 据，截至2025年9月10日，公司股东人数为9671人。 ...

Core Viewpoint - The company, Senhe Elevator Co., Ltd., is actively involved in the elevator manufacturing and sales industry, with a focus on international markets and innovative technologies related to urbanization and IoT applications [2][6]. Company Overview - Senhe Elevator Co., Ltd. was established on December 7, 2007, and went public on September 7, 2021. The company specializes in the research, development, manufacturing, and sales of elevators, escalators, and moving walkways, along with related installation, debugging, and maintenance services [6]. - The main revenue sources for the company are from complete elevator sales and installation, accounting for 98.47%, while parts and other services contribute 1.53% [6]. - As of August 29, the number of shareholders is 9,429, a decrease of 7% from the previous period, with an average of 18,665 circulating shares per person, an increase of 7.53% [6]. Market Activity - On September 10, the stock price of Senhe increased by 0.37%, with a trading volume of 17.81 million yuan and a turnover rate of 0.93%, leading to a total market capitalization of 2.887 billion yuan [1]. - The main net inflow of funds today was 126,100 yuan, representing 0.01% of the total, with the industry ranking at 55 out of 194 [3]. International Presence - The company has significant overseas clients primarily in Bangladesh, Russia (Far East region), Kuwait, Uzbekistan, and Mexico, with Bangladesh, Russia, and Kuwait being the main foreign sales regions [2]. - Senhe is actively responding to the "Belt and Road" initiative, exporting products to countries such as Bangladesh, Kuwait, and Mexico [2]. Technological Innovations - The company integrates its GRPS passenger elevators, GRE escalators, and GRM moving walkways with the SICE IoT cloud service platform to support new urbanization projects [2]. - Senhe has developed elevator products that utilize biometric recognition technologies (voice, facial, and fingerprint recognition) and IoT capabilities for remote control and monitoring [2]. Financial Performance - For the first half of 2025, the company reported a revenue of 243 million yuan, a year-on-year decrease of 36.17%, and a net profit attributable to shareholders of 35.54 million yuan, down 40.04% year-on-year [6]. - Since its A-share listing, the company has distributed a total of 227 million yuan in dividends, with 173 million yuan in the last three years [7].

来源：新浪证券-红岸工作室 9月9日，森赫股份跌1.55%，成交额2427.60万元，换手率1.27%，总市值28.76亿元。 异动分析 中俄贸易概念+新型城镇化+一带一路+物联网+人脸识别 1、公司海外客户主要集中于孟加拉国、俄罗斯（远东地区）、科威特、乌兹别克斯坦、墨西哥等国 家，其中孟加拉国、俄罗斯和科威特为公司最主要的国外销售地区。 2、2023年3月15日互动易回复：公司GRPS乘客电梯、GRE自动扶梯、GRM自动人行道系列产品结合 SICE物联网云服务平台，为新型城镇化建设提供产品及服务。 3、公司持股49%的Turkmenistan Sicher在土库曼斯坦从事电梯制造及销售；公司积极响应国家"一带一 路"倡议，产品销往孟加拉国、科威特、墨西哥等国家和地区。 4、2021年9月15日互动易回复：公司通过电梯物联网平台，对电梯的运行信号、状态、故障数据进行监 测和采集，运用大数据、云计算技术，实现电梯远程监控、维保管理、使用管理、安全预警、应急处置 等功能。 5、据招股说明书：公司在新旧产业融合过程中，研发生物特征识别（语音识别、人脸识别、指纹识 别）、基于物联网实现远程呼梯、二维码识别等新技术应 ...