Zheshang Securities(SH:601878) Xin Lang Cai Jing·2025-11-05 05:40Group 1 - The core viewpoint of the news is that Shangneng Electric has seen a significant increase in its stock price, rising by 5.12% to reach 35.14 CNY per share, with a trading volume of 1.47 billion CNY and a turnover rate of 11.38%, resulting in a total market capitalization of 17.72 billion CNY [1] - Shangneng Electric, established on March 30, 2012, and listed on April 10, 2020, specializes in the research, production, and sales of power electronic devices, with its main revenue sources being photovoltaic inverters (72.20%), energy storage bidirectional converters and system integration products (25.64%), power quality governance products (1.19%), spare parts and technical services (0.85%), and others (0.12%) [1] Group 2 - From the perspective of fund holdings, a fund under Zheshang Securities Asset Management has a significant position in Shangneng Electric, with the Zheshang Huijin Transformation Growth Fund (000935) holding 38,800 shares, accounting for 2.74% of the fund's net value, making it the ninth-largest holding [2] - The Zheshang Huijin Transformation Growth Fund (000935) was established on December 30, 2014, with a latest scale of 51.79 million CNY, achieving a year-to-date return of 38.73% and ranking 1749 out of 8150 in its category, while its one-year return is 32.84%, ranking 2089 out of 8043 [2]