11月20日，上大股份大宗交易成交72万股，成交额2295.36万元，占当日总成交额的15.07%，成交价 31.88元，较市场收盘价32.17元折价0.9%。 ...

Group 1 - The 2025 Hebei Manufacturing Top 100 and Hebei Manufacturing Innovation Leading 50 lists were announced at the Beijing-Tianjin-Hebei Industrial Chain Supply Chain Innovation Development Summit, with Shangda Co., Ltd. recognized in both categories [1] - Shangda Co., Ltd. specializes in the production and research of high-temperature alloys, high-performance alloys, and high-quality special stainless steels, and has been recognized as a key player in various national initiatives [1] - The company successfully went public on the ChiNext board on October 16, 2024, marking a significant milestone in its growth trajectory [1] Group 2 - The Shanghai Institute of Applied Physics of the Chinese Academy of Sciences has successfully built a thorium-based molten salt experimental reactor, marking a significant advancement in thorium fuel technology [2] - Shangda Co., Ltd. has won a procurement project for GH3535 alloy materials for the thorium-based molten salt reactor, establishing itself as a core supplier for critical materials in this advanced nuclear technology [2] - The successful industrialization of GH3535 alloy production positions the company as a key player in supporting China's fourth-generation nuclear energy technology [2]

Group 1 - The core transaction involved 720,000 shares of Shangda Co., with a total transaction value of 24.264 million yuan, representing 9.66% of the total trading volume on that day [1] - The transaction price was 33.70 yuan per share, which is a discount of 1.49% compared to the market closing price of 34.21 yuan [1] - The buyer was an institutional investor, while the seller was Guotou Securities Co., Ltd. Jiangsu Branch [2]

Core Viewpoint - The stock of Shangda Co., Ltd. has shown fluctuations with a recent increase of 2.01%, while the company faces a decline in revenue and net profit year-on-year [1][2]. Financial Performance - For the period from January to September 2025, Shangda Co., Ltd. reported a revenue of 1.805 billion yuan, a decrease of 4.10% year-on-year, and a net profit attributable to shareholders of 76.58 million yuan, down 38.60% year-on-year [2]. - Cumulative cash dividends since the A-share listing amount to 43.51 million yuan [3]. Stock Market Activity - As of November 13, the stock price was 34.97 yuan per share, with a trading volume of 160 million yuan and a turnover rate of 1.65%, resulting in a total market capitalization of 13.004 billion yuan [1]. - The stock has experienced a year-to-date decline of 3.88%, a 5-day decline of 1.21%, a 20-day increase of 11.09%, and a 60-day decline of 4.43% [1]. Shareholder Structure - As of September 30, 2025, the number of shareholders decreased to 25,500, with an average of 2,914 circulating shares per person, an increase of 1.13% [2]. - The top circulating shareholders include the Guotai CSI Military Industry ETF, which holds 735,400 shares, a decrease of 115,300 shares from the previous period [3].

Core Viewpoint - The company has established itself as a significant player in the gas turbine market, both domestically and internationally, with strong partnerships and certifications from major industry players [2]. Group 1: Domestic Market Position - The company has become a key supplier for major domestic entities such as China Shipbuilding Industry Corporation's gas turbine enterprises, Harbin Turbine Factory, and Dongfang Turbine Factory [2]. - The company is also involved in supplying products to the aviation engine group's gas turbine sector [2]. Group 2: International Market Achievements - The company has received certifications for its high-temperature alloy products from leading global firms including Siemens Energy, GE Energy, Baker Hughes, and Caterpillar [2]. - Some of the company's products have already entered mass production and supply stages [2]. Group 3: Research and Development Capabilities - The company possesses advantages in advanced materials research and has collaborated with the Institute of Metal Research, Chinese Academy of Sciences, on the trial production of high-temperature alloy grades for gas turbines [2]. - Strategic cooperation agreements have been signed with several subordinate main engine factories of China Shipbuilding Industry Corporation, positioning the company as a primary supplier of high-temperature alloy products for their research models [2].

Core Viewpoint - The company is actively engaged in the gas turbine market and has achieved certifications from major international firms, indicating a strong position in the industry [1] Group 1 - The company has been continuously developing its gas turbine market business [1] - The company has obtained certification for its high-temperature alloy products from Siemens Energy, GE Energy, Baker Hughes, and Caterpillar [1] - Some of the company's products have already entered mass production and supply [1]

Core Viewpoint - The company has established itself as a key player in the gas turbine market, both domestically and internationally, with significant partnerships and certifications from major industry players [1] Domestic Market - The company has become an important supplier for China Shipbuilding Industry Corporation's gas turbine enterprises, including Harbin Turbine Factory and Dongfang Turbine Factory [1] - The company has also supplied products to the aviation engine group's gas turbine sector [1] International Market - The company's high-temperature alloys and related products have received certifications from major companies such as Siemens Energy, GE Energy, Baker Hughes, and Caterpillar [1] - Some of the company's products have already entered mass production and supply [1] Research and Development - The company possesses advantages in advanced materials research and has collaborated with the Institute of Metal Research, Chinese Academy of Sciences, on trial production of high-temperature alloy grades for gas turbines [1] - Strategic cooperation agreements have been signed with several subordinate main engine factories of China Shipbuilding Industry Corporation, positioning the company as a primary supplier of high-temperature alloy products for their research models [1]

Group 1 - The company has been actively engaged in the gas turbine market and has established partnerships with several international firms [2] - The company has received certification for its high-temperature alloy products from major companies such as Siemens Energy, GE Energy, Baker Hughes, and Caterpillar [2] - Some of the company's products have already entered mass production and supply [2]

责任编辑：小浪快报 进一步统计，近3个月内该股累计发生4笔大宗交易，合计成交金额为3340.74万元。该股近5个交易日累 计上涨3.83%，主力资金合计净流出3758.15万元。 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 11月10日，上大股份收涨1.15%，收盘价为35.20元，发生1笔大宗交易，合计成交量72万股，成交金额 2496.24万元。 第1笔成交价格为34.67元，成交72.00万股，成交金额2,496.24万元，溢价率为-1.51%，买方营业部为机 构专用，卖方营业部为国投证券股份有限公司江苏分公司。 ...

Core Viewpoint - The company has signed a framework agreement with Siemens Energy and is actively involved in supplying high-temperature alloy materials for gas turbine projects, with a focus on both domestic and international markets [2]. Group 1: Company Developments - The company confirmed that some of its high-temperature alloy materials have received approval from Siemens Energy and will play a positive role in related business cooperation [2]. - The company has obtained certifications from major international firms such as GE Energy, Baker Hughes, and Caterpillar for its high-temperature alloys and related products, with some products already in mass production and supply [2]. - Domestically, the company is a key supplier for major entities under China Shipbuilding Industry Corporation, including Harbin Turbine Factory and Dongfang Turbine Factory, and has significant involvement in the gas turbine sector of the aviation engine group [2].