Group 1 - The company emphasizes its commitment to "green, circular, low-carbon, and environmentally friendly" principles [2] - The company focuses on building a recycling system and aims to become a competitive and influential service operator in the "waste-free city" construction [2] - The company will continuously monitor policy developments and enhance its overall competitiveness in line with its business [2]

Core Viewpoint - The company is focused on the application of new technologies in the field of waste resource recycling and aims to enhance its core competitiveness through continuous optimization of products and services [1] Group 1 - The company is paying close attention to the application of new technologies in waste resource recycling [1] - The company plans to optimize its products and services based on market demand and its own business realities [1] - The company aims to improve the entire value chain from "front-end recycling to mid-end sorting, decomposition, and back-end utilization" through technological upgrades such as increasing automation levels [1]

Core Insights - The article highlights the recent movements of social security funds in the stock market, revealing that 72 new stocks were added to their portfolio in the second quarter [1][2]. Summary by Categories Social Security Fund Holdings - A total of 3,077 companies have disclosed their semi-annual reports, with social security funds appearing in 313 stocks. In Q2, they initiated positions in 72 stocks, increased holdings in 79 stocks, reduced holdings in 102 stocks, and maintained their positions in 60 stocks [1]. - The stock with the highest number of social security fund holders among new positions is Su Shiyan, with three funds listed among the top ten shareholders, holding a total of 14.86 million shares, accounting for 2.94% of the circulating shares [1]. New Stock Positions - The stock with the highest proportion of social security fund holdings among new positions is Bai Ao Intelligent, with a holding ratio of 7.23%. Other notable stocks include Zhong Chumei at 3.45%, and Bei Ding Co., Su Shiyan, and Stanley also having significant holdings [1]. - The stock with the largest number of shares held by social security funds among new positions is Hualing Steel, with 48.08 million shares held, followed by Huafa Shares and Stanley with 25.89 million shares and 21.99 million shares, respectively [1]. Performance Metrics - Among the new stocks, 44 companies reported year-on-year net profit growth, with the highest increase seen in Gao Lan Shares, which achieved a net profit of 22.93 million yuan, a staggering increase of 1,438.57% year-on-year. Other companies with significant profit growth include Shengnong Development and Xin Qiang Lian, with increases of 791.93% and 496.60%, respectively [2]. - Since July, the average increase for the new stocks held by social security funds is 20.22%, outperforming the Shanghai Composite Index. The best-performing stock is Dayuan Pump Industry, with a cumulative increase of 128.49%, followed by Guomai Culture and Gao Lan Shares, which increased by 87.48% and 79.78%, respectively. The stock with the largest decline is Dadi Ocean, down 6.41% [2].

Group 1 - The stock of Dadi Ocean fell by 5.61%, trading at 30.30 CNY per share, with a total market capitalization of 4.282 billion CNY [1] - Dadi Ocean, established on June 20, 2003, specializes in hazardous waste resource utilization, harmless disposal, and electronic waste dismantling [1] - The company's main revenue sources are from product sales (94.16%) and service provision (5.84%) [1] Group 2 - According to data, one fund from GF Fund holds a significant position in Dadi Ocean, with 800,200 shares, accounting for 3.22% of the fund's net value [2] - The fund, GF Quality Life Mixed A (008273), has a total scale of 850 million CNY and has achieved a year-to-date return of 25.79% [2] - The fund manager, Wang Peng, has been in position for 5 years and 348 days, with the best fund return during his tenure being 74.86% [2]

Company Overview - Dadi Ocean is located in Yuhang District, Hangzhou, Zhejiang Province, and was established on June 20, 2003. The company went public on September 28, 2021. Its main business involves the resource utilization of hazardous waste, harmless disposal of hazardous waste, and dismantling of electronic waste [1]. - The company's revenue composition is 94.16% from product sales and 5.84% from service provision [1]. Financial Performance - As of August 20, 2023, Dadi Ocean reported a total market capitalization of 4.442 billion yuan. The stock price has increased by 35.06% year-to-date but has seen declines of 1.41% over the past five trading days, 3.65% over the past 20 days, and 9.40% over the past 60 days [1]. - For the first half of 2025, Dadi Ocean achieved operating revenue of 414 million yuan, a year-on-year decrease of 3.83%. The net profit attributable to the parent company was -58.28 million yuan, representing a year-on-year decrease of 270.81% [1]. Shareholder Information - As of August 20, 2023, the number of shareholders for Dadi Ocean was 3,360, a decrease of 5.62% from the previous period. The average circulating shares per person increased by 5.95% to 29,993 shares [1]. - Since its A-share listing, Dadi Ocean has distributed a total of 80.04 million yuan in dividends, with 69.96 million yuan distributed over the past three years [2]. Institutional Holdings - As of June 30, 2025, Dadi Ocean's sixth-largest circulating shareholder is E Fund Kery Mixed Fund (003293), holding 3.5343 million shares, an increase of 815,600 shares from the previous period. E Fund Contrarian Investment Mixed A (011649) has exited the list of the top ten circulating shareholders [2].

Core Viewpoint - The company, Dadi Ocean, has experienced fluctuations in stock performance and financial metrics, indicating potential investment opportunities and challenges in the hazardous waste management sector [1][2]. Group 1: Stock Performance - On August 25, Dadi Ocean's stock rose by 7.14%, with a trading volume of 150 million yuan [1]. - The financing buy-in amount on the same day was 7.68 million yuan, while the financing repayment was 10.03 million yuan, resulting in a net financing buy of -2.34 million yuan [1]. - As of August 25, the total financing and securities balance was 45.50 million yuan, accounting for 0.98% of the circulating market value, which is above the 60th percentile level over the past year [1]. Group 2: Financial Performance - For the first half of 2025, Dadi Ocean reported operating revenue of 414 million yuan, a year-on-year decrease of 3.83% [2]. - The net profit attributable to the parent company was -58.28 million yuan, reflecting a significant year-on-year decrease of 270.81% [2]. - Cumulatively, the company has distributed 80.04 million yuan in dividends since its A-share listing, with 69.96 million yuan distributed over the past three years [2]. Group 3: Shareholder Information - As of August 20, the number of shareholders for Dadi Ocean was 3,360, a decrease of 5.62% from the previous period [2]. - The average circulating shares per person increased by 5.95% to 29,993 shares [2]. - As of June 30, 2025, the sixth largest circulating shareholder was E Fund Keri Mixed Fund, holding 3.53 million shares, an increase of 815,600 shares from the previous period [2].

Core Insights - The article highlights the recent movements of social security funds in the stock market, revealing that 41 new stocks were added to their portfolio in the second quarter, with a total of 199 stocks being held by these funds [1][2]. Group 1: Social Security Fund Holdings - A total of 1,692 companies have disclosed their semi-annual reports, with social security funds appearing in the top ten shareholders of 199 stocks [1]. - The most notable new holdings include Su Shi Testing, where three social security funds are listed among the top ten shareholders, holding a combined 14.86 million shares, representing 2.94% of the circulating shares [1]. - The stock with the highest proportion held by social security funds among new entries is Zhong Chumei, with a holding ratio of 3.45%, followed by Beiding Co. at 3.16% [1]. Group 2: Performance of New Holdings - Among the new stocks, 29 companies reported a year-on-year increase in net profit, with the highest growth seen in Gao Lan Co., which achieved a net profit of 22.93 million yuan, marking a 1,438.57% increase [2]. - The average increase in the stock prices of new holdings since July is 21.74%, outperforming the Shanghai Composite Index [2]. - The best-performing stock among the new entries is Guomai Culture, with a cumulative increase of 91.47%, followed by Gao Lan Co. and Huicheng Vacuum, which rose by 80.67% and 59.55%, respectively [2].

Group 1 - The core viewpoint of the article highlights the recent movements of social security funds in the A-share market, revealing that they have entered the top ten circulating shareholders of 71 new stocks in the second quarter of 2025 [1] - Su Shi Testing has the highest number of new social security fund holdings, with 3 new holdings, while Shanghai Jahwa and Xin Qiang Lian each have 2 new holdings [1] - The article provides a detailed list of companies that have seen new social security fund investments, including their respective shareholding numbers, quantities, and market values [2][3][4][5] Group 2 - Specific companies mentioned include Su Shi Testing with 1,486.20 thousand shares valued at 213 million yuan, Shanghai Jahwa with 1,150.51 thousand shares valued at 242 million yuan, and Xin Qiang Lian with 555.56 thousand shares valued at 199 million yuan [2][3] - Other companies with new social security fund holdings include Hengdian East Magnetic, Nuofushin, and Baichu Electronics, each with 1 new holding, along with their respective share quantities and market values [2][3][4] - The article lists a total of 71 companies that have received new investments from social security funds, indicating a diverse range of industries from agriculture to electronics and pharmaceuticals [2][3][4][5]

据证券之星公开数据整理，近期大地海洋（301068）发布2025年中报。截至本报告期末，公司营业总收 入4.14亿元，同比下降3.83%，归母净利润-5827.97万元，同比下降270.81%。按单季度数据看，第二季 度营业总收入2.02亿元，同比下降25.37%，第二季度归母净利润-5901.07万元，同比下降320.38%。本报 告期大地海洋公司应收账款体量较大，当期应收账款占最新年报归母净利润比达659.51%。 本次财报公布的各项数据指标表现不尽如人意。其中，毛利率-1.29%，同比减105.85%，净利 率-14.09%，同比减278.59%，销售费用、管理费用、财务费用总计4296.73万元，三费占营收比 10.37%，同比增22.31%，每股净资产5.63元，同比减25.02%，每股经营性现金流-0.13元，同比增 58.79%，每股收益-0.42元，同比减231.25% | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 4.31 Z | 4.14亿 | -3.83% | | 归母净利润(元) | 3 ...

Core Viewpoint - The company reported a decline in revenue and net profit for the first half of 2025, primarily due to changes in the industry environment, but it continues to maintain its leading position in the waste resource utilization sector [1][2] Group 1: Financial Performance - The company achieved operating revenue of 414 million yuan and a net profit of -58 million yuan in the first half of 2025, both showing a year-on-year decrease [1] - The net cash flow from operating activities increased by 46.53% year-on-year during the same period [1] - The company has consistently maintained positive revenue growth since 2016, despite the current decline in performance [2] Group 2: Strategic Developments - The acquisition of Zhejiang Tiger Waste Management Co., Ltd. was completed on August 15, 2025, marking the establishment of a comprehensive "recycling-disassembly-utilization" integrated industrial chain [1][4] - This acquisition is expected to enhance the company's asset quality, improve financial conditions, and strengthen its sustainable profitability [4] - The company aims to become a competitive service provider for "waste-free city" construction in China, aligning with its overall development strategy [4] Group 3: Market Position and Future Outlook - The company is one of only five in Zhejiang province with the qualification certificate for handling waste electrical and electronic products, giving it a relative advantage in the electronic waste recycling chain [2] - The integration of Tiger's operations is anticipated to significantly boost the company's overall performance, with Tiger projected to generate revenue of 466 million yuan and a net profit of 54.31 million yuan in 2024 [4] - The company is well-positioned to capitalize on policy changes and industry cycles, with expectations of continued growth in the resource recycling and "waste-free city" sectors [5]