XQL Slewing Bearing(SZ:300850) Xin Lang Cai Jing·2025-09-29 07:19Core Insights - Xin Qiang Lian's stock price increased by 4.1% on September 29, reaching 42.40 CNY per share, with a trading volume of 1.536 billion CNY and a turnover rate of 12.39%, resulting in a total market capitalization of 17.31 billion CNY [1] - The stock has seen a cumulative increase of 10.47% over the past three days [1] Company Overview - Luoyang Xin Qiang Lian Turntable Bearing Co., Ltd. was established on August 3, 2005, and went public on July 13, 2020 [1] - The company specializes in the research, development, production, and sales of large turntable bearings and industrial forgings [1] - Revenue breakdown: Wind power products 75.84%, locking discs 7.26%, others 6.23%, forgings 6.05%, shield machine products 1.49%, offshore equipment 1.39%, electricity 1.15%, other bearing products 0.42%, couplings 0.10%, gearbox bearings 0.03%, wind turbine transmission components 0.03% [1] Fund Holdings - One fund under China Merchants Fund holds a significant position in Xin Qiang Lian, specifically the China Merchants Ruihong 6-month holding period mixed A fund (012443) [2] - In the second quarter, the fund reduced its holdings by 62,400 shares, maintaining a total of 62,400 shares, which represents 0.94% of the fund's net value, making it the second-largest holding [2] - The fund has generated a floating profit of approximately 104,200 CNY today and 250,800 CNY during the three-day increase [2] Fund Performance - China Merchants Ruihong 6-month holding period mixed A fund was established on December 21, 2021, with a current scale of 212 million CNY [2] - Year-to-date return is 4.33%, ranking 6873 out of 8244 in its category; one-year return is 8.44%, ranking 6753 out of 8080; since inception return is 7.55% [2] - Fund managers are Yu Yafang and Yang Yiyang, with respective management tenures of 8 years and 3 years [2]