Shenwan Hongyuan Securities·2025-05-05 07:15Group 1 - The core viewpoint of the report indicates that the market is experiencing a decline in trading atmosphere, with the North Exchange 50 index rising by 2.38% while the average daily trading volume decreased by 28.60% [10][19] - The report highlights that six companies will officially change to the new 920 code starting May 6, and two companies will be subject to *ST warning due to financial report risks [11][12] - The report suggests that the technology sector, particularly AI and robotics, is showing potential for recovery after a period of stagnation, with a focus on companies that have strong quarterly performance [10][11] Group 2 - The North Exchange saw a total of 265 companies listed as of April 30, 2025, with no new IPOs this week [31] - The report notes that two new companies were listed on the New Third Board, while 15 companies were delisted, with a total planned financing of 0.96 billion and no completed financing [51][53] - The report provides insights into the trading performance of individual stocks, with 144 stocks rising and 121 stocks falling, resulting in a rise-to-fall ratio of 1.19 [37]