Megmeet(SZ:002851) Xin Lang Cai Jing·2025-11-05 03:18Core Viewpoint - Magpower's stock price dropped by 5.01% to 73.64 CNY per share, with a trading volume of 723 million CNY and a turnover rate of 2.13%, resulting in a total market capitalization of 40.51 billion CNY [1] Company Overview - Shenzhen Magpower Electric Co., Ltd. was established on July 29, 2003, and listed on March 6, 2017. The company is located in the High-tech Zone Headquarters Building, Nanshan District, Shenzhen, Guangdong Province [1] - The main business areas include the research, production, and sales of smart home appliance control products, industrial power supplies, and industrial automation products. The revenue composition is as follows: smart home appliance control products 45.92%, power supply products 24.77%, new energy and rail transit components 10.87%, industrial automation 8.32%, smart equipment 5.09%, precision connections 4.37%, and others 0.66% [1] Fund Holdings - According to data, one fund under GF Fund has a significant holding in Magpower. The GF CSI Home Appliance ETF (560880) increased its holdings by 138,200 shares in the third quarter, bringing the total to 376,000 shares, which accounts for 4.05% of the fund's net value, ranking as the seventh largest holding [2] - The GF CSI Home Appliance ETF (560880) was established on March 30, 2022, with a current size of 719 million CNY. Year-to-date returns are 13.72%, ranking 3300 out of 4216 in its category; one-year returns are 13.89%, ranking 2967 out of 3901; and since inception, returns are 57.36% [2] - The fund manager, Lu Zhiming, has a tenure of 14 years and 160 days, managing total assets of 24.063 billion CNY. The best fund return during his tenure is 119.61%, while the worst is -63.28% [2]