LEO(SZ:002131) 2 1 Shi Ji Jing Ji Bao Dao·2025-09-11 11:43Core Viewpoint - The A-share market has strengthened, prompting listed companies to invest in the securities market, with at least 8 companies utilizing over 1 billion RMB for securities investments since 2025 [1][2]. Group 1: Company Investment Activities - Companies like Liou Co., Ltd. have announced significant investments, with Liou Co. planning to use up to 3 billion RMB for securities investments [3]. - Gohua Cable plans to use up to 3.5 billion RMB for entrusted wealth management, focusing on medium-risk financial products due to declining market interest rates [2]. - Other companies, such as Lianfa Co., Ltd., intend to use up to 1.2 billion RMB for securities investments [3]. Group 2: Financial Performance and Impact - Liou Co. previously made a successful investment in Ideal Auto, which significantly boosted its profits, but recent declines in Ideal Auto's stock have led to substantial losses [3]. - Zhujiang Co. plans to sell shares in various companies, potentially generating over 46.9 million RMB, which could account for more than 50% of its audited net profit from the previous year [6]. - Seven Wolves reported a net profit of 160 million RMB, with 126 million RMB derived from stock investments, highlighting the importance of securities investments for its financial performance [6]. Group 3: Industry Perspectives - Experts express concerns that if the trend of companies investing primarily in financial products continues, it may detract from their core business focus and impact the real economy [4][7]. - Regulatory bodies are encouraged to establish clearer guidelines for the proportion of investments in securities and require detailed disclosures from companies regarding their investment strategies and risk management [7]. - Some companies, like Ningde Times, engage in securities investments to stabilize supply chain relationships, indicating a strategic approach to investment beyond mere profit-seeking [7].