Sanxiang Advanced Materials(SH:603663) Xin Lang Cai Jing·2025-11-14 02:22Group 1 - The core point of the article highlights the recent decline in the stock price of Sanxiang New Materials, which fell by 5.08% to 36.83 CNY per share, with a trading volume of 502 million CNY and a turnover rate of 3.16%, resulting in a total market capitalization of 15.59 billion CNY [1] - Sanxiang New Materials Co., Ltd. is located in Fujian Province and was established on August 24, 1991. The company went public on August 1, 2016, and its main business involves the research, production, and sales of zirconium-based and casting modification industrial new materials. The revenue composition is as follows: zirconium series products account for 84.25%, casting modification new materials 11.16%, other supplementary products 2.52%, and other products 2.07% [1] Group 2 - From the perspective of the top ten circulating shareholders, a fund under AVIC Fund ranks among the top shareholders of Sanxiang New Materials. The AVIC New Start Flexible Allocation Mixed A Fund (005537) entered the top ten circulating shareholders in the third quarter, holding 5.0494 million shares, which represents 1.19% of the circulating shares. The estimated floating loss today is approximately 9.9473 million CNY [2] - The AVIC New Start Flexible Allocation Mixed A Fund (005537) was established on April 23, 2018, with a latest scale of 120 million CNY. Year-to-date returns are 76.71%, ranking 226 out of 8140 in its category; the one-year return is 59.49%, ranking 345 out of 8056; and since inception, it has a loss of 14.42% [2] Group 3 - The fund manager of AVIC New Start Flexible Allocation Mixed A Fund (005537) is Han Hao. As of the report date, Han Hao has a cumulative tenure of 7 years and 338 days, with the current total asset scale of 15.589 billion CNY. The best fund return during his tenure is 205.01%, while the worst return is -18.95% [3] Group 4 - In terms of the fund's top holdings, the AVIC New Start Flexible Allocation Mixed A Fund (005537) increased its holdings in Sanxiang New Materials by 3.5435 million shares in the third quarter, bringing the total to 5.0494 million shares, which constitutes 6.99% of the fund's net value, making it the ninth largest holding. The estimated floating loss today is approximately 9.9473 million CNY [4]