Core Viewpoint - Senhe Co., Ltd. has shown a significant increase in stock price and trading volume, indicating positive market sentiment and potential growth opportunities in the elevator manufacturing sector [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, 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 sales, 20.88% from sales with installation services, and 1.53% from parts and other services [6] - As of October 20, the number of shareholders is 9,110, a decrease of 2.85%, while the average circulating shares per person increased by 2.93% [6] Market Activity - On October 24, Senhe's stock rose by 4.51%, with a trading volume of 121 million yuan and a turnover rate of 5.20%, leading to a total market capitalization of 3.527 billion yuan [1] - The main capital inflow today was 5.9287 million yuan, accounting for 0.05% of the total, with no significant trend in capital movement observed [3][4] Technical Analysis - The average trading cost of the stock is 11.54 yuan, with recent accumulation activity noted, although the strength of this accumulation is weak. The current stock price is near a resistance level of 13.24 yuan, suggesting caution against potential pullbacks unless this level is breached [5] Business Strategy and 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 main foreign sales regions [2] - Senhe actively responds to the "Belt and Road" initiative, exporting products to various countries and regions [2] - The company integrates IoT technology into its products, enabling remote monitoring and management of elevator operations, which aligns with new urbanization efforts [2]

Core Viewpoint - The report highlights a decline in the production of elevators, escalators, and lifts in China, indicating a challenging market environment for the industry from 2025 onwards [1] Industry Summary - In August 2025, the production of elevators, escalators, and lifts in China was 119,000 units, representing a year-on-year decrease of 2.5% [1] - From January to August 2025, the cumulative production of these devices reached 884,000 units, showing a cumulative decline of 5.7% [1] - The data is sourced from the National Bureau of Statistics and compiled by Zhiyan Consulting, a leading industry consulting firm in China [1]

Core Viewpoint - The Chinese elevator industry is experiencing a decline in production, with significant year-on-year decreases reported for early 2025 [1][2]. Industry Summary - In April 2025, the production of elevators, escalators, and lifts in China reached 119,000 units, representing a year-on-year decrease of 8.5% [1]. - From January to April 2025, the cumulative production of these units totaled 390,000, marking a cumulative decline of 6.9% [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 (Jin Tanglang), 快意电梯 (Kuaiji Elevator), 梅轮电梯 (Meilun Elevator), and 远大智能 (Yuanda Intelligent) [1].

Core Insights - Senhe Co., Ltd. reported that as of October 20, 2025, the number of shareholders is 9,110 [2] Company Information - The company provided an update on its shareholder count in response to investor inquiries on October 22 [2]

工银聚享混合A（011729）成立日期2021年8月24日，最新规模9094.06万。今年以来收益28.05%，同类 排名3082/8160；近一年收益33.78%，同类排名2026/8026；成立以来收益25.85%。 工银聚享混合A（011729）基金经理为焦文龙、何顺。 10月22日，森赫股份跌5.04%，截至发稿，报13.00元/股，成交3769.43万元，换手率1.62%，总市值 34.68亿元。 资料显示，森赫电梯股份有限公司位于浙江省湖州市南浔区练市工业园区森赫大道1号，成立日期2007 年12月7日，上市日期2021年9月7日，公司主营业务涉及电梯、自动扶梯和自动人行道的研发、制造和 销售,并提供相关安装和调试服务,以及电梯维修保养、配件销售、更新改造等后市场服务。主营业务收 入构成为：设备买断模式77.58%，销售电梯且为客户提供安装模式20.88%，配件及其他1.53%。 从基金十大重仓股角度 数据显示，工银瑞信基金旗下1只基金重仓森赫股份。工银聚享混合A（011729）二季度持有股数3.25万 股，占基金净值比例为0.12%，位居第四大重仓股。根据测算，今日浮亏损失约2.24万元。 何顺 ...

Market Overview - The specialized equipment sector increased by 2.67% on October 21, with DeShi Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3916.33, up 1.36%, while the Shenzhen Component Index closed at 13077.32, up 2.06% [1] Key Stocks Performance - DeShi Co., Ltd. (301158) closed at 25.66, up 20.02% with a trading volume of 187,300 shares and a transaction value of 479 million [1] - Guangli Technology (300480) closed at 18.25, up 10.67% with a trading volume of 335,900 shares [1] - Other notable performers include: - Zhongxin Chegong (601608) at 6.90, up 10.05% - ShenKai Co., Ltd. (002278) at 11.21, up 10.01% - Daqiao Crane (002523) at 4.29, up 10.00% [1] Capital Flow Analysis - The specialized equipment sector saw a net inflow of 1.329 billion in main funds, while retail investors experienced a net outflow of 783 million [2][3] - The main funds' net inflow for Tianqiao Crane (002523) was 145 million, representing 31.24% of its total [3] - Taiyuan Heavy Industry (600169) had a main fund net inflow of 127 million, accounting for 35.81% [3] Summary of Individual Stock Movements - The following stocks experienced significant movements: - ShenKai Co., Ltd. (002278) had a main fund net inflow of 104 million, with a retail net outflow of 50 million [3] - Shandong Molong (002490) saw a main fund net inflow of 7368.23 million, with retail outflows of 3724.53 million [3] - Overall, the specialized equipment sector showed a mixed capital flow, with main funds favoring certain stocks while retail investors withdrew [2][3]

Core Insights - Senhe Elevator Co., Ltd. experienced a stock price increase of 5.52%, reaching 13.18 CNY per share, with a total market capitalization of 3.516 billion CNY as of October 21 [1] Company Overview - Senhe Elevator, established on December 7, 2007, and listed on September 7, 2021, is located in Huzhou, Zhejiang Province. The company specializes in the research, manufacturing, and sales of elevators, escalators, and moving walkways, along with related installation, debugging, maintenance, and aftermarket services [1] - The revenue composition of Senhe Elevator includes 77.58% from equipment buyout models, 20.88% from elevator sales with installation services, and 1.53% from parts and other services [1] Fund Holdings - According to data, one fund from ICBC Credit Suisse Asset Management holds a significant position in Senhe Elevator. The ICBC Credit Suisse Joyful Mixed A Fund (011729) held 32,500 shares in the second quarter, accounting for 0.12% of the fund's net value, making it the fourth-largest holding. The estimated floating profit from this position is approximately 22,400 CNY [2] - The ICBC Credit Suisse Joyful Mixed A Fund was established on August 24, 2021, with a current scale of 90.9406 million CNY. Year-to-date returns stand at 26.81%, ranking 2,953 out of 8,162 in its category, while the one-year return is 33.39%, ranking 1,883 out of 8,024 [2] Fund Manager Information - The fund manager for ICBC Credit Suisse Joyful Mixed A Fund is Jiao Wenlong, who has been in the position for 10 years and 160 days, managing assets totaling 9.24 billion CNY, with the best fund return during his tenure being 64.11% and the worst being -89.78% [3] - Co-manager He Shun has been in the role for 2 years and 3 days, overseeing assets of 6.865 billion CNY, with the best return of 53.86% and the worst return of 4.81% during his tenure [3]

Group 1 - The core viewpoint of the news is that Senhe Elevator Co., Ltd. experienced a significant stock decline of 5.04%, with its share price at 12.43 yuan and a total market capitalization of 3.316 billion yuan as of October 16 [1] - Senhe Elevator, established on December 7, 2007, and listed on September 7, 2021, specializes in the research, manufacturing, and sales of elevators, escalators, and moving walkways, along with related installation, debugging, maintenance, and aftermarket services [1] - 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 [1] Group 2 - From the perspective of major fund holdings, one fund under ICBC Credit Suisse holds Senhe shares, with 32,500 shares representing 0.12% of the fund's net value, ranking as the fourth-largest holding [2] - The fund, ICBC Joy Mixed A (011729), has a total scale of 90.9406 million yuan and has achieved a year-to-date return of 26.95%, ranking 3,388 out of 8,161 in its category [2] - The fund has a one-year return of 35.4%, ranking 2,485 out of 8,021, and a since inception return of 24.77% [2] Group 3 - The fund manager, Jiao Wenlong, has a tenure of 10 years and 155 days, with a total fund asset size of 9.24 billion yuan, achieving a best return of 61.75% and a worst return of -89.78% during his tenure [3] - Co-manager He Shun has a tenure of 1 year and 363 days, managing assets of 6.865 billion yuan, with a best return of 56.34% and a worst return of 4.09% [3]

Core Viewpoint - Senhe Co., Ltd. (301056) reported that as of October 10, 2025, the number of shareholders reached 9,377 according to the latest data from China Securities Depository and Clearing Corporation Limited Shenzhen Branch [1] Company Summary - Senhe Co., Ltd. has a total of 9,377 shareholders as of the specified date [1]

Core Viewpoint - Senhe Elevator Co., Ltd. is actively involved in international trade, particularly in countries like Bangladesh, Russia, Kuwait, Uzbekistan, and Mexico, while also focusing on new urbanization and IoT technologies [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, 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]. - As of September 30, the number of shareholders is 9,609, a decrease of 0.90% from the previous period, while the average circulating shares per person increased by 0.91% to 18,315 shares [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 October 15, Senhe's stock rose by 1.32%, with a trading volume of 86.34 million yuan and a turnover rate of 3.82%, bringing the total market capitalization to 3.492 billion yuan [1]. - The main capital inflow for the day was negative at 1.32 million yuan, indicating a lack of clear trends in major capital movements [3][4]. Technical Analysis - The average trading cost of the stock is 11.23 yuan, with the stock price approaching a resistance level of 13.24 yuan, suggesting potential for a price correction if it fails to break through this level [5].