Core Viewpoint - On October 21, a total of four listed companies had their restricted shares unlocked, with a total market value of approximately 2.531 billion yuan [1] Group 1: Company Specifics - Western Gold (西部黄金, stock code: 601069) had 2.0741 million shares released from equity incentive restrictions [1] - Jiarong Technology (嘉戎技术, stock code: 301148) had 76.832 million shares released after an extended lock-up period [1] - BGI Genomics (华大智造, stock code: 688114) had 1.2247 million shares released [1] - Saiwei Microelectronics (赛微微电, stock code: 688325) had 26.1571 million shares released [1]

Summary of Key Points Core Viewpoint - On October 21, a total of 11 companies had their restricted shares unlocked, with a total unlock volume of 206 million shares, amounting to a market value of 6.211 billion yuan based on the latest closing price [1] Unlock Volume - Three companies had unlock volumes exceeding 10 million shares: Zhongyi Technology (105 million shares), Jindao Technology (60.9375 million shares), and Jiarong Technology (19.208 million shares) [1] Unlock Market Value - The market value of unlocked shares for three companies exceeded 100 million yuan: Zhongyi Technology (3.873 billion yuan), Jindao Technology (1.377 billion yuan), and Jiarong Technology (646 million yuan) [1] Unlock Ratio - The unlock ratio of total share capital for three companies exceeded 10%: Jindao Technology (46.97%), Zhongyi Technology (44.86%), and Jiarong Technology (16.49%) [1]

Core Viewpoint - The announcement from 嘉戎技术 indicates that three shareholders will have their lock-up period for a total of 76,832,000 shares lifted, which represents 65.9519% of the company's total share capital, extending the lock-up period to October 20, 2025 due to prior conditions triggered by stock performance [1] Group 1 - The number of shareholders applying for the lifting of the lock-up is three [1] - The total number of shares to be released from lock-up is 76,832,000 [1] - The shares represent 65.9519% of the company's total share capital [1] Group 2 - The original lock-up period was set for 36 months from the IPO date, which was April 21, 2022 [1] - The lock-up period was extended due to the stock price being below the issue price for 20 consecutive trading days within the first six months post-IPO [1] - The new date for the shares to be listed and available for trading is October 21, 2025 [1]

根据《证券发行上市保荐业务管理办法》《深圳证券交易所创业板股票上市 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》等相关规定，国投证券股份有限公司（以下简称"国投证券"、"保荐机 构"）作为厦门嘉戎技术股份有限公司（以下简称"嘉戎技术"或"公司"）首 次公开发行股票并在创业板上市的保荐机构，负责嘉戎技术上市后的持续督导工 作，对嘉戎技术首次公开发行前已发行股份上市流通的事项进行了核查，核查情 况如下： 一、首次公开发行前已发行股份概况 经中国证券监督管理委员会《关于同意厦门嘉戎技术股份有限公司首次公开 发行股票注册的批复》（证监许可[2022]499 号）同意注册，公司首次公开发行 人民币普通股（A 股）股票 2,913 万股，并于 2022 年 4 月 21 日在深圳证券交易 所创业板上市。 本次发行完成后，公司的总股本由 87,367,080 股变更为 116,497,080 股，其 中：无限售条件的流通股股票数量为 23,717,730 股，占发行后总股本的比例为 20.3591%，有限售条件的流通股股票数量为 92,779,350 股，占发行后总股本的比 例为 79 ...

证券代码：301148 证券简称：嘉戎技术 公告编号：2025-061 厦门嘉戎技术股份有限公司 关于首次公开发行前已发行股份上市流通提示性公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 特别提示： 1、厦门嘉戎技术股份有限公司（以下简称"公司"、"发行人"或"嘉戎技术"） 本次上市流通的限售股为首次公开发行前已发行股份。 本次发行完成后，公司的总股本由 87,367,080 股变更为 116,497,080 股，其 中：无限售条件的流通股股票数量为 23,717,730 股，占发行后总股本的比例为 20.3591%，有限售条件的流通股股票数量为 92,779,350 股，占发行后总股本的比 例为 79.6409%。 2022 年 10 月 21 日，公司首次公开发行网下配售限售股上市流通，股份数 量为 1,305,732 股，占公司总股本的 1.1208%。具体情况详见公司 2022 年 10 月 19 日披露于巨潮资讯网的《关于首次公开发行网下配售限售股上市流通的提示 性公告》（公告编号：2022-034）。 2023 年 4 月 21 日，公司部分 ...

Core Insights - The environmental governance sector experienced a decline of 1.22% on October 17, with Sains leading the drop [1] - The Shanghai Composite Index closed at 3839.76, down 1.95%, while the Shenzhen Component Index closed at 12688.94, down 3.04% [1] Environmental Governance Sector Performance - Notable gainers included: - Jia Rong Technology (301148) with a closing price of 34.49, up 6.91% and a trading volume of 56,000 shares, totaling 192 million yuan [1] - Chao Yue Technology (301049) closed at 22.32, up 5.83% with a trading volume of 68,700 shares, totaling 156 million yuan [1] - Guotai Environmental (301203) closed at 35.10, up 3.54% with a trading volume of 27,200 shares, totaling 9.465 million yuan [1] - Major decliners included: - Sains (688480) closed at 52.10, down 7.66% with a trading volume of 30,600 shares, totaling 164 million yuan [2] - Wenblu (301259) closed at 36.10, down 6.98% with a trading volume of 60,300 shares, totaling 22.3 million yuan [2] - Fulongma (603686) closed at 23.41, down 4.68% with a trading volume of 557,800 shares, totaling 1.335 billion yuan [2] Capital Flow Analysis - The environmental governance sector saw a net outflow of 705 million yuan from institutional investors, while retail investors experienced a net inflow of 732 million yuan [2][3] - Key stocks with significant capital flow included: - Donghu Gaoxin (600133) with a net inflow of 91.63 million yuan from institutional investors [3] - Xianglong Electric (600769) with a net inflow of 34.70 million yuan from institutional investors [3] - Zhonghuan Environmental (300692) with a net inflow of 26.70 million yuan from institutional investors [3]

Core Insights - On October 9, 2023, Jiarong Technology's stock rose by 5.73%, with a trading volume of 249 million yuan [1] - The company reported a net financing purchase of 10.93 million yuan on the same day, with a total financing balance of 91.34 million yuan, representing 6.89% of its market capitalization [1] - Jiarong Technology's main business includes high-concentration wastewater treatment services, membrane separation equipment, and membrane components, with the revenue composition being 52.24%, 22.69%, and 21.60% respectively [1] Financing and Shareholder Information - As of June 30, 2023, Jiarong Technology had 11,000 shareholders, an increase of 4.18% from the previous period, with an average of 3,474 circulating shares per shareholder, a decrease of 4.01% [2] - For the first half of 2025, the company achieved a revenue of 212 million yuan, a year-on-year decrease of 14.73%, while the net profit attributable to shareholders increased by 14.31% to 28.38 million yuan [2] Dividend and Institutional Holdings - Since its A-share listing, Jiarong Technology has distributed a total of 197 million yuan in dividends, with 136 million yuan distributed over the past three years [3] - As of June 30, 2023, notable changes in institutional holdings included the exit of certain funds from the top ten circulating shareholders [3]

Market Overview - On September 24, the environmental governance sector rose by 1.52% compared to the previous trading day, with Jia Rong Technology leading the gains [1] - The Shanghai Composite Index closed at 3853.64, up 0.83%, while the Shenzhen Component Index closed at 13356.14, up 1.8% [1] Top Gainers in Environmental Governance Sector - Jia Rong Technology (301148) closed at 30.06, with a significant increase of 20.00% and a trading volume of 74,000 shares, amounting to a transaction value of 208 million yuan [1] - Zhonglan Environmental Protection (300854) closed at 23.17, up 19.99%, with a trading volume of 124,300 shares and a transaction value of 270 million yuan [1] - Bei Jie Te (300774) closed at 11.06, increasing by 14.61%, with a trading volume of 488,200 shares and a transaction value of 541 million yuan [1] - Fu Jie Environmental Protection (688335) closed at 24.02, up 11.82%, with a trading volume of 101,000 shares and a transaction value of 232 million yuan [1] - Qi Di Environment (000826) closed at 2.49, increasing by 10.18%, with a trading volume of 811,200 shares and a transaction value of 202 million yuan [1] Top Losers in Environmental Governance Sector - Feima International (002210) closed at 4.01, down 6.53%, with a trading volume of 4,651,500 shares and a transaction value of 188.6 million yuan [2] - Shengyuan Environmental Protection (300867) closed at 18.45, down 3.35%, with a trading volume of 176,700 shares and a transaction value of 327 million yuan [2] - Fulongma (603686) closed at 27.10, down 3.11%, with a trading volume of 1,623,700 shares and a transaction value of 428.9 million yuan [2] Capital Flow Analysis - On the same day, the environmental governance sector experienced a net outflow of 296 million yuan from institutional investors, while retail investors saw a net inflow of 400 million yuan [2][3] - The capital flow for key stocks showed that Qi Di Environment had a net inflow of 127 million yuan from institutional investors, while it faced a net outflow of 63.09% from speculative funds [3] - Donghu Gaoxin (600133) had a net inflow of 112 million yuan from institutional investors, with a net outflow of 9.32% from speculative funds [3]

Market Overview - The Shanghai Composite Index closed at 3848.69 points, above the five-day moving average, with an increase of 0.70% [1] - The total trading volume of A-shares reached 188.67 billion yuan [1] Stock Performance - A total of 1219 A-shares have surpassed the five-day moving average, with notable stocks showing significant deviation rates [1] - Stocks with the highest deviation rates include: - Henghe Co., Ltd. with a deviation rate of 20.94% and a daily increase of 29.98% [1] - Shangwei New Materials with a deviation rate of 15.29% and a daily increase of 20.00% [1] - Xingfu Electronics with a deviation rate of 14.88% and a daily increase of 19.99% [1] - Other stocks with smaller deviation rates that just crossed the five-day moving average include Aotai Biological, Yongjin Co., Ltd., and Fuyuan Pharmaceutical [1] Detailed Stock Data - The following table summarizes key stocks that have broken through the five-day moving average: | Stock Code | Stock Name | Daily Change (%) | Turnover Rate (%) | Five-Day MA (yuan) | Latest Price (yuan) | Deviation Rate (%) | | --- | --- | --- | --- | --- | --- | --- | | 832145 | Henghe Co., Ltd. | 29.98 | 16.33 | 26.71 | 32.30 | 20.94 | | 688585 | Shangwei New Materials | 20.00 | 4.32 | 95.48 | 110.08 | 15.29 | | 688545 | Xingfu Electronics | 19.99 | 33.75 | 34.23 | 39.32 | 14.88 | | 300421 | Lixing Co., Ltd. | 19.24 | 28.95 | 16.37 | 18.72 | 14.36 | | 300379 | *ST Dongtong | 15.32 | 29.26 | 2.40 | 2.71 | 12.73 | | 300854 | Zhonglan Environmental Protection | 19.99 | 14.32 | 20.87 | 23.17 | 11.04 [1]

Group 1 - The core viewpoint of the article highlights the growth in the number of enterprises in the water production and supply industry in China, with a total of 4,146 companies reported as of January to July 2025, marking an increase of 241 companies compared to the same period last year, representing a year-on-year growth of 6.17% [1] - The report indicates that the water production and supply industry accounts for 0.8% of the total industrial enterprises in China [1] - The data referenced in the article is sourced from the National Bureau of Statistics and compiled by Zhiyan Consulting, a leading industry consulting firm in China [2] Group 2 - The article mentions several listed companies in the water production and supply sector, including Ba'an Water (300262), Energy Conservation Guozhen (300388), Boschke (300422), and others [1] - The report titled "2025-2031 China Water Production and Supply Industry Market Development Scale and Investment Opportunity Analysis Report" was published by Zhiyan Consulting [1] - The threshold for scale industrial enterprises has been raised from an annual main business income of 5 million to 20 million yuan since 2011 [1]