Core Viewpoint - The company plans to establish a holding subsidiary in Dubai, UAE, to engage in small modular reactor (SMR) related business activities through its wholly-owned subsidiary, Jerry Middle East Company, and Vice President Li Weibin [1] Group 1: Investment Details - The registered capital of the new holding subsidiary is proposed to be 10 million AED, approximately 19.07 million RMB [1] - Jerry Middle East Company will contribute 9.4 million AED, accounting for 94% of the registered capital [1] - Li Weibin will contribute 600,000 AED, representing 6% of the registered capital [1]

Group 1 - In 2025, public funds conducted a total of 76,300 research visits to A-share listed companies, covering over 2,430 companies, indicating a proactive approach by institutional investors to uncover value and make forward-looking investments [1] - A total of 165 public institutions participated in the research of listed companies across all 31 Shenwan primary industries, with a significant concentration on leading stocks [2] - The top individual stock receiving attention was Huichuan Technology, with 497 research visits, followed by Luxshare Precision with 422 visits, highlighting the ongoing appeal of high-end manufacturing [2] Group 2 - The electronics industry was the most favored by public institutions, receiving over 14,000 research visits and covering 286 stocks, driven by trends in AI hardware upgrades and consumer electronics innovation [3] - The pharmaceutical and mechanical equipment industries followed, with over 9,900 and 9,400 research visits respectively, indicating a strong interest in these sectors [3] - A total of 88 public institutions conducted at least 400 research visits, with 14 leading institutions exceeding 1,000 visits, showcasing broad participation in market research [4] Group 3 - The active research engagement of institutions reflects their investment research strength, with Bosera Fund leading with approximately 1,800 visits, focusing on electronics, mechanical equipment, and pharmaceuticals [4] - The commercial aerospace sector is expected to enter a large-scale networking and application phase starting in 2026, driven by improved policy frameworks and technological maturity [4]

Core Viewpoint - Jereh Co., Ltd. is expanding its business in the Small Modular Reactors (SMR) sector by establishing a holding subsidiary in Dubai, UAE, through its wholly-owned subsidiary Jereh Oilfield Services Middle East FZE and Vice President Li Weibin [1] Group 1: Company Strategy - The establishment of the new subsidiary aligns with the company's strategic development plan to actively expand and optimize its industrial layout [1] - The registered capital for the new holding subsidiary is set at 10 million AED, approximately 19.07 million RMB [1] Group 2: Investment Details - Jereh Oilfield Services Middle East FZE will contribute 9.4 million AED, representing 94% of the registered capital [1] - Li Weibin will invest 600,000 AED, accounting for 6% of the registered capital [1] Group 3: Compliance and Governance - Li Weibin is confirmed not to be a person subject to enforcement for dishonesty [1]

Core Viewpoint - Jereh Co., Ltd. is expanding its business in the Small Modular Reactors (SMR) sector by establishing a holding subsidiary in Dubai, UAE, through its wholly-owned subsidiary Jereh Oilfield Services Middle East FZE and Vice President Li Weibin [1] Group 1: Business Expansion - The company aims to actively expand and optimize its industrial layout in the SMR field [1] - A holding subsidiary will be established in Dubai to conduct SMR-related business activities [1] Group 2: Investment Details - The registered capital of the new holding subsidiary is planned to be 10 million AED (approximately 19.071 million RMB) [1] - Jereh Oilfield Services Middle East FZE will contribute 9.4 million AED, accounting for 94% of the registered capital [1] - Li Weibin will contribute 600,000 AED, representing 6% of the registered capital [1] Group 3: Compliance - Li Weibin is confirmed not to be a person subject to enforcement for dishonesty [1]

格隆汇1月5日丨杰瑞股份(002353.SZ)公布，截至2025年12月31日，公司通过股份回购专用证券账户以 集中竞价方式累计回购公司股份3,125,700股，占公司总股本的0.31%，购买股份的最高成交价为75.20 元/股，最低成交价为33.67元/股，成交金额108,873,972.54元（不含交易费用）。 ...

Core Insights - In December 2025, over 600 A-share listed companies underwent institutional research, indicating a strong interest in investment opportunities in the A-share market as the new year approaches [2][3]. Group 1: Institutional Research Activities - The research activities in December 2025 maintained a high level of engagement, with more than 600 A-share companies participating [3]. - Among these, companies like Boying Special Welding received significant attention, with over 10 research sessions conducted, involving various types of institutions such as public funds, private equity, and insurance companies [3]. - Boying Special Welding plans to launch two HRSG production lines in 2026, primarily targeting non-North American markets [3][4]. Group 2: Company Performance and Insights - Boying Special Welding was noted as one of the standout stocks in December 2025, with a cumulative increase of over 30% [4]. - Jerry Holdings also ranked high in terms of institutional research frequency, focusing on supply chain resilience and partnerships with major gas turbine manufacturers [5]. - Jerry Holdings' stock price rose by over 20% in December 2025, reflecting strong market performance [5]. Group 3: Market Trends and Sector Focus - The research highlighted a concentration of interest in sectors such as machinery, electronics, basic chemicals, automotive, pharmaceuticals, power equipment, and computers [6]. - Over 100 companies that saw their stock prices double in 2025 participated in institutional research, indicating a correlation between research engagement and stock performance [8]. - Companies like Shenghong Technology, which experienced a stock price increase of over 500%, engaged with numerous institutional investors to discuss expansion plans and production capacity [8].

Core Insights - Public fund research enthusiasm is high as firms prepare for 2026, with 155 public institutions participating in A-share research in December 2025, totaling 3,472 research instances across 451 stocks in 29 industries [1][2]. Group 1: Company Focus - Changan Automobile is the most researched stock with 88 instances, focusing on automotive manufacturing and transitioning towards smart low-carbon travel technology [1][2]. - Other notable companies include Haiguang Information and Zhongke Shuguang, each with 79 research instances, indicating strong interest in the electronics and computer sectors [2][3]. - In the mechanical equipment sector, Jerry Holdings and Boying Welding received 72 and 48 research instances, respectively, highlighting their prominence in the industry [1][3]. Group 2: Industry Insights - The electronics industry received the highest attention with 654 research instances across 64 stocks, led by Haiguang Information, Lingyi Technology, and Canxin Semiconductor [3]. - The mechanical equipment sector followed closely with 505 research instances, covering 72 stocks, with Jerry Holdings and Boying Welding being the most researched [3]. - Other industries such as electric power equipment, pharmaceuticals, automotive, computers, and basic chemicals also saw significant research activity, each exceeding 200 instances [3]. Group 3: Institutional Activity - A total of 71 public institutions were active in research, with 3 firms leading: Huaxia Fund with 100 instances, followed by Bosera Fund with 90, and Southern Fund with 77, primarily focusing on the electronics and mechanical equipment sectors [3].

Core Viewpoint - In December 2025, over 600 A-share listed companies underwent institutional research, indicating a strong interest in investment opportunities in the A-share market as the new year approaches [1][4]. Group 1: Institutional Research Activities - More than 100 companies that experienced a doubling in stock price in 2025 were part of the institutional research [2][10]. - The research activities maintained high intensity, with institutions such as public funds, private funds, brokerages, and insurance companies participating in various forms including on-site visits and online research [4]. - Notable companies like Boying Special Welding and Jereh Holdings received significant attention, with Boying Special Welding being researched over 10 times in December 2025 [4][6]. Group 2: Company Insights - Boying Special Welding plans to launch two HRSG production lines in 2026 to meet non-North American market demands, leveraging its experience and production qualifications to maintain a competitive edge [4][5]. - Jereh Holdings emphasized its global supply chain resilience and strategic partnerships with major turbine manufacturers to ensure timely delivery of products, while also expanding its production capacity in North America [6]. - Okoyi's insights on tungsten prices suggest a stable high price range, benefiting the tool industry and allowing leading companies to consolidate their market positions through technological advantages [7]. Group 3: Market Trends and Performance - In December 2025, Jereh Holdings' stock rose over 20%, reflecting strong market performance [7]. - The A-share market saw the emergence of over 500 doubling stocks in 2025, with more than 100 of these companies participating in institutional research in December [10]. - Companies like Shenghong Technology, which saw a stock increase of over 500%, actively engaged with institutional investors to discuss expansion plans and production capabilities [10].

Core Viewpoint - The company announced the establishment of a holding subsidiary in Dubai, UAE, to engage in small modular reactor (SMR) related business, indicating a strategic move into new energy technology [1] Group 1: Company Developments - Jerry Holdings, a wholly-owned subsidiary of the company, was established in Dubai with a registered capital of 10 million UAE Dirhams (approximately 19.07 million RMB) [1] - The investment is in collaboration with the company's Vice President, Li Weibin, highlighting a leadership role in this new venture [1] Group 2: Industry Insights - SMR is characterized by modularity, high safety, and flexible site selection, positioning it as a next-generation energy technology [1] - The new subsidiary is expected to synergize with the company's existing power generation business, leveraging its mature experience in modular equipment [1] - This initiative aims to enhance the company's capability in providing more competitive overall solutions in the power sector [1]

证券代码：002353 证券简称：杰瑞股份 公告编号：2026-001 烟台杰瑞石油服务集团股份有限公司 关于回购股份情况进展的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 重要提示： 烟台杰瑞石油服务集团股份有限公司（以下简称"公司"或"杰瑞股份"）于 2025 年 4 月 23 日召开第六届董事会第二十三次会议审议通过了《关于 2025 年度回购股份方案的议 案》。公司拟使用公司自筹资金及股票回购专项贷款，以集中竞价交易方式回购公司发行的 人民币普通股（A 股），用于股权激励或者员工持股计划，资金总额不低于人民币 15,000 万元（含）且不超过人民币 25,000 万元，回购价格不超过 49.00 元/股，实施期限为自公司 董事会审议通过回购方案之日起 12 个月内。因公司在回购期间实施了 2024 年年度权益分派 和 2025 年半年度权益分派，自股价除权、除息之日起，公司回购价格分别进行调整，由不 超过 49.00 元/股（含）调整为不超过 48.31 元/股（含），后调整为不超过 48.16 元/股（含）。 2025 年 12 月 11 日 ...