YDC(SH:605555) Sou Hu Cai Jing·2025-11-09 17:09Summary of Key Points Core Viewpoint - 德昌股份 (605555) has received approval from the Shanghai Stock Exchange for its application to issue shares to specific targets, pending registration from the China Securities Regulatory Commission, which introduces uncertainty regarding the final approval and timeline [1][2]. Trading Information - On November 7, 2025, 德昌股份 closed at 18.76 yuan, down 3.94%, with a turnover rate of 3.1%, a trading volume of 149,900 shares, and a transaction value of 284 million yuan [1]. - On the same day, the main funds experienced a net outflow of 33.60 million yuan, accounting for 11.82% of the total transaction value [2]. Fund Flow - Retail investors saw a net inflow of 22.46 million yuan, representing 7.9% of the total transaction value, while speculative funds had a net inflow of 11.14 million yuan, making up 3.92% of the total transaction value [1][2]. Company Announcement - The company announced that its application for issuing shares to specific targets has been approved by the Shanghai Stock Exchange, but it still requires registration approval from the China Securities Regulatory Commission [1][2].