Guangdong Skychem Technology (SH:688603) Xin Lang Cai Jing·2025-10-30 02:20Core Viewpoint - Tiancheng Technology experienced a 5.4% decline in stock price, closing at 81.00 CNY per share, with a total market capitalization of 10.103 billion CNY as of October 30 [1] Company Overview - Shanghai Tiancheng Technology Co., Ltd. was established on November 19, 2010, and went public on July 10, 2023 [1] - The company specializes in the research, production, and sales of electronic chemicals required for PCB, with 99.98% of its revenue coming from specialized chemical products for copper plating [1] Fund Holdings - Huaxia Fund holds a significant position in Tiancheng Technology through its fund, Huaxia New Materials Leading Mixed Initiation A (017697), which held 9,836 shares, accounting for 4.28% of the fund's net value [2] - The fund has a total scale of 13.666 million CNY and has reported a year-to-date return of 22.4% [2] - The fund manager, Peng Ruizhe, has been in position for 2 years and 260 days, with the best and worst fund returns during his tenure being -14.22% and -15.6%, respectively [2]