Market Overview - The electric motor sector experienced a decline of 0.87% on the previous trading day, with Bafang Electric leading the drop [1] - The Shanghai Composite Index closed at 3939.81, down 0.81%, while the Shenzhen Component Index closed at 13080.49, down 0.92% [1] Stock Performance - Notable gainers in the electric motor sector included: - Fangzheng Electric, closing at 14.45 with a rise of 5.55% and a trading volume of 1.546 million shares, totaling 2.176 billion yuan [1] - Runse Station, closing at 14.26 with a rise of 3.71% and a trading volume of 232,200 shares, totaling 323 million yuan [1] - Xiangming Intelligent, closing at 30.19 with a rise of 2.58% and a trading volume of 48,400 shares, totaling 147 million yuan [1] - Conversely, Bafang Electric saw a decline of 3.69%, closing at 30.82 with a trading volume of 60,800 shares, totaling 187 million yuan [2] Capital Flow - The electric motor sector saw a net outflow of 367 million yuan from institutional investors, while retail investors contributed a net inflow of 193 million yuan [2] - The capital flow for specific stocks indicated: - Fangzheng Electric had a net inflow of 91.21 million yuan from institutional investors, while retail investors had a net outflow of 34.86 million yuan [3] - Xiangming Intelligent experienced a net inflow of 15.19 million yuan from institutional investors and a net inflow of 15.05 million yuan from retail investors [3] - Bafang Electric had a net outflow of 21.96 million yuan from institutional investors [3]

Core Viewpoint - Xiangming Intelligent experienced a stock price increase of 6.39%, reaching 31.31 CNY per share, with a trading volume of 41.32 million CNY and a turnover rate of 1.25%, resulting in a total market capitalization of 3.41 billion CNY [1] Group 1: Company Overview - Xiangming Intelligent Power Co., Ltd. is located at 518 Zhongwu Avenue, Changzhou, Jiangsu Province, and was established on December 22, 1995, with its listing date on March 25, 2022 [1] - The company's main business involves the research, production, and sales of micro-special motors, fans, and intelligent components [1] - The revenue composition of the main business is as follows: fans 51.21%, motors 44.71%, and intelligent components 4.08% [1] Group 2: Shareholder Information - According to data, Bodao Fund has one fund among the top ten circulating shareholders of Xiangming Intelligent, specifically Bodao Growth Zhihang Stock A (013641), which entered the top ten in the third quarter with 816,400 shares, accounting for 0.75% of circulating shares [2] - The fund has a latest scale of 2.245 billion CNY and has achieved a return of 43.88% this year, ranking 727 out of 4,212 in its category [2] - The fund manager, Yang Meng, has a cumulative tenure of 7 years and 103 days, with a total asset scale of 18.856 billion CNY, achieving the best fund return of 171.53% during his tenure [2]

Group 1 - The core viewpoint of the news is that Xiangming Intelligent has shown a slight decline in stock price and has experienced a net outflow in financing on November 17, 2023, indicating potential investor caution [1] - On November 17, 2023, Xiangming Intelligent's stock price fell by 0.27%, with a trading volume of 33.1 million yuan. The financing buy-in amount was 2.45 million yuan, while the financing repayment was 3.26 million yuan, resulting in a net financing buy-in of -0.81 million yuan [1] - As of November 17, 2023, the total balance of margin trading for Xiangming Intelligent was 147 million yuan, with the financing balance accounting for 4.59% of the circulating market value, indicating a high level compared to the past year [1] Group 2 - As of November 10, 2023, the number of shareholders for Xiangming Intelligent increased by 1.42% to 11,200, while the average circulating shares per person decreased by 1.40% to 9,716 shares [2] - For the period from January to September 2025, Xiangming Intelligent reported operating revenue of 379 million yuan, a year-on-year increase of 0.54%, and a net profit attributable to shareholders of 19.58 million yuan, a year-on-year decrease of 3.72% [2] - Since its A-share listing, Xiangming Intelligent has distributed a total of 120 million yuan in dividends, with 76.70 million yuan distributed over the past three years [2]

Core Insights - Xiangming Intelligent reported that as of November 10, 2025, the total number of shareholders (excluding merged margin accounts) is 11,198 [2] Company Information - The company provided an update on its shareholder count in response to investor inquiries on November 13 [2]

Group 1 - The core point of the article is that Xiangming Intelligent (SZ 301226) announced a reduction in shareholding by its shareholders, with a total of approximately 2.13% of the company's shares being sold [1] - Shareholders Xiangxing Information and Xianghua Consulting have collectively reduced their holdings by about 2.32 million shares [1] - As of the report, Xiangming Intelligent has a market capitalization of 3.2 billion yuan [1] Group 2 - For the year 2024, the revenue composition of Xiangming Intelligent is entirely from the electrical machinery and equipment manufacturing industry, accounting for 100% [1]

Core Viewpoint - Xiangming Intelligent (301226) reported that as of October 31, 2025, the total number of shareholders on the N-shareholder register (excluding merged margin trading accounts) is 11,041 [1] Summary by Category - **Company Information** - Xiangming Intelligent has confirmed the total number of shareholders as 11,041 as of the specified date [1] - **Investor Communication** - The company addressed investor inquiries on an interactive platform regarding shareholder numbers [1] - **Future Projections** - The data provided pertains to a future date, indicating the company's ongoing engagement with its shareholder base [1]

Core Viewpoint - Xiangming Intelligent experienced a decline of 5.03% on October 28, with a stock price of 30.20 CNY per share and a total market capitalization of 3.286 billion CNY [1] Company Overview - Xiangming Intelligent Power Co., Ltd. is located at 518 Zhongwu Avenue, Changzhou, Jiangsu Province, and was established on December 22, 1995. The company was listed on March 25, 2022 [1] - The main business activities include research, production, and sales of micro-special motors, fans, and intelligent components [1] - Revenue composition is as follows: fans 51.21%, motors 44.71%, and intelligent components 4.08% [1] Shareholder Information - According to data, Bodao Fund has one fund among the top ten circulating shareholders of Xiangming Intelligent. The Bodao Growth Zhihang Stock A (013641) entered the top ten shareholders in the third quarter, holding 816,400 shares, which accounts for 0.75% of the circulating shares [2] - The estimated floating loss for Bodao Growth Zhihang Stock A today is approximately 1.3062 million CNY [2] - The fund was established on October 26, 2021, with a latest scale of 2.245 billion CNY. Year-to-date returns are 50.58%, ranking 687 out of 4,218 in its category; one-year returns are 58.99%, ranking 335 out of 3,878; and since inception returns are 49.53% [2] Fund Manager Information - The fund manager of Bodao Growth Zhihang Stock A is Yang Meng, who has a cumulative tenure of 7 years and 82 days. The total asset scale of the fund is 18.853 billion CNY [3] - During Yang Meng's tenure, the best fund return was 178.59%, while the worst return was -27.34% [3]

Group 1 - The company Xiangming Intelligent (301226) responded to investor inquiries on October 27, indicating that as of October 20, 2025, the total number of shareholders (excluding merged margin trading accounts) is 11,466 [1]

Core Insights - Xiangming Intelligent (301226.SZ) released its Q3 2025 report on October 27, 2025, indicating significant institutional investor interest in the company [1] Institutional Holdings - As of October 26, 2025, four institutional investors disclosed holdings in Xiangming Intelligent A-shares, totaling 62.2746 million shares, which represents 57.24% of the company's total equity [1] - The institutional holding percentage decreased by 0.77 percentage points compared to the previous quarter [1] Public Fund Activity - One public fund, Baodao Growth Intelligent Navigation Stock A, increased its holdings during this period, with an increase ratio of 0.73% [1] - A total of 30 public funds did not disclose their holdings this quarter, including notable funds such as CITIC Prudential Multi-Strategy Mixed (LOF) A and CITIC Prudential Economic Preferred Mixed A [1]

Core Viewpoint - Xiangming Intelligent (301226.SZ) reported a decline in revenue and net profit for the third quarter of 2025, indicating potential challenges in its financial performance [1] Financial Performance - The company achieved a revenue of 123 million yuan in the third quarter, a year-on-year decrease of 8.96% [1] - Net profit for the third quarter was 1.2685 million yuan, down 85.84% year-on-year [1] - For the first three quarters, the company reported a total revenue of 379 million yuan, reflecting a slight year-on-year growth of 0.54% [1] - Net profit for the first three quarters was 19.5823 million yuan, which represents a year-on-year decrease of 3.72% [1]