Zheshang Securities(SH:601878) Xin Lang Cai Jing·2025-10-30 03:09Group 1 - The core point of the news is that Shijia Photon experienced a decline of 5.06% in its stock price, reaching 70.51 yuan per share, with a trading volume of 1.134 billion yuan and a turnover rate of 3.41%, resulting in a total market capitalization of 32.35 billion yuan [1] - Shijia Photon, established on October 26, 2010, and listed on August 12, 2020, is located in Hebi City, Henan Province. The company specializes in optical chips and devices, indoor optical cables, and cable materials, with its main products including PLC splitter chip series, AWG chip series, DFB laser chip series, optical fiber connectors, indoor optical cables, and cable materials [1] - The revenue composition of Shijia Photon is as follows: optical chips and devices account for 70.52%, indoor optical cables 15.11%, cable polymer materials 12.66%, and others 1.72% [1] Group 2 - From the perspective of fund holdings, Zheshang Securities Asset Management has a fund that heavily invests in Shijia Photon. The Zheshang Huijin Quantitative Selected Mixed A Fund (006449) held 103,000 shares in the third quarter, representing 4% of the fund's net value, making it the tenth largest holding [2] - The Zheshang Huijin Quantitative Selected Mixed A Fund (006449) was established on March 25, 2019, with a current scale of 183 million yuan. Year-to-date, it has achieved a return of 83.03%, ranking 249 out of 8,152 in its category; over the past year, it has returned 59.89%, ranking 699 out of 8,038; and since inception, it has returned 78.66% [2]