Core Viewpoint - The stock of Dangsheng Technology has experienced significant price increases this year, with a notable rise in trading volume and market capitalization, indicating strong investor interest and potential growth in the lithium battery materials sector [1][2]. Group 1: Stock Performance - As of September 26, Dangsheng Technology's stock price was 62.52 CNY per share, down 2.02% during the day, with a total market capitalization of 34.03 billion CNY [1]. - Year-to-date, the stock has increased by 55.99%, with a 13.96% rise over the past five trading days, 29.76% over the past 20 days, and 47.91% over the past 60 days [1]. Group 2: Financial Performance - For the first half of 2025, Dangsheng Technology reported revenue of 4.432 billion CNY, representing a year-on-year growth of 25.17%, and a net profit attributable to shareholders of 311 million CNY, up 8.47% year-on-year [2]. - The company has distributed a total of 1.265 billion CNY in dividends since its A-share listing, with 821 million CNY distributed over the past three years [2]. Group 3: Shareholder Structure - As of June 30, 2025, the number of shareholders increased to 86,700, with an average of 5,834 shares held per shareholder, a decrease of 2.13% from the previous period [2]. - Notable institutional shareholders include E Fund's ChiNext ETF and Southern CSI 500 ETF, with changes in their holdings reflecting market dynamics [2].

Core Viewpoint - The stock of Jingrui Electric Materials has experienced significant fluctuations, with a year-to-date increase of 61.35% and a recent drop of 2.02% on September 26, 2023, indicating volatility in the market [1]. Company Overview - Jingrui Electric Materials Co., Ltd. was established on November 29, 2001, and went public on May 23, 2017. The company is located in Suzhou, Jiangsu Province, and specializes in high-purity chemicals, photoresists, functional formulation materials, lithium battery materials, pharmaceutical intermediates, and electronic-grade materials, serving industries such as semiconductors and new energy [1]. - The main revenue composition of the company includes: high-purity chemicals (58.69%), photoresists (13.79%), lithium battery materials (13.68%), industrial chemicals (9.61%), energy (4.01%), and others (0.23%) [1]. Financial Performance - For the first half of 2025, Jingrui Electric Materials reported a revenue of 768 million yuan, representing a year-on-year growth of 10.68%. The net profit attributable to shareholders was 69.75 million yuan, showing a substantial increase of 1501.66% [2]. - Since its A-share listing, the company has distributed a total of 237 million yuan in dividends, with 106 million yuan distributed in the last three years [3]. Shareholder Structure - As of June 30, 2025, the number of shareholders for Jingrui Electric Materials reached 93,000, an increase of 13.89% from the previous period. The average circulating shares per person decreased by 12.20% to 10,730 shares [2]. - Notable institutional holdings include Southern CSI 1000 ETF, which is the fifth-largest shareholder with 7.8232 million shares, and Huaxia CSI 1000 ETF, which is a new shareholder with 4.6127 million shares [3].

Core Viewpoint - Demar Technology's stock has shown significant growth this year, with a year-to-date increase of 84.97%, indicating strong market performance and investor interest [1]. Financial Performance - For the first half of 2025, Demar Technology reported revenue of 780 million yuan, representing a year-on-year growth of 12.36% [2]. - The company's net profit attributable to shareholders was 82.06 million yuan, which reflects a decrease of 3.31% compared to the previous period [2]. Stock Market Activity - As of September 25, Demar Technology's stock price was 24.35 yuan per share, with a market capitalization of 6.422 billion yuan [1]. - The stock experienced a trading volume of 193 million yuan and a turnover rate of 3.09% on the same day [1]. - The stock has seen a recent net inflow of 6.45 million yuan from major funds, with significant buying and selling activity [1]. Shareholder Information - As of June 30, the number of shareholders increased to 10,800, marking a 23.41% rise from the previous period [2]. - The average number of circulating shares per shareholder was 22,637, which is an increase of 13.44% [2]. Dividend Distribution - Since its A-share listing, Demar Technology has distributed a total of 140 million yuan in dividends, with 86.75 million yuan paid out over the last three years [3].

Company Overview - Bozhong Precision Engineering Co., Ltd. is located in Wujiang Economic and Technological Development Zone, Jiangsu Province, and was established on September 22, 2006. The company was listed on May 12, 2021. Its main business includes the research, design, production, sales, and technical services of automation equipment, flexible production lines, key automation components, and tooling fixtures. It also provides overall solutions for digital factories [1][2]. Financial Performance - For the first half of 2025, Bozhong Precision achieved operating revenue of 1.876 billion yuan, representing a year-on-year growth of 2.34%. The net profit attributable to the parent company was 163 million yuan, showing a significant year-on-year increase of 69.69% [2]. - Since its A-share listing, the company has distributed a total of 158 million yuan in dividends [3]. Stock Performance - As of September 24, Bozhong Precision's stock price increased by 2.00%, reaching 38.76 yuan per share, with a trading volume of 186 million yuan and a turnover rate of 1.10%. The total market capitalization is 17.312 billion yuan [1]. - The stock has seen a year-to-date increase of 48.45%, with a 2.68% rise over the last five trading days, an 8.57% increase over the last 20 days, and a 41.05% increase over the last 60 days [1]. Shareholder Information - As of September 19, the number of shareholders of Bozhong Precision reached 10,600, an increase of 5.18% from the previous period. The average circulating shares per person decreased by 4.93% to 42,017 shares [2]. - As of June 30, 2025, the top ten circulating shareholders included Huaxia CSI Robot ETF, which holds 2.9999 million shares as a new shareholder [3]. Industry Context - Bozhong Precision operates within the mechanical equipment sector, specifically in the automation equipment category. It is associated with various concept sectors, including lithium batteries, Apple supply chain, CATL concepts, solid-state batteries, and new energy vehicles [2].

Company Overview - Dingsheng New Materials Co., Ltd. is located in Zhenjiang, Jiangsu Province, established on August 12, 2003, and listed on April 18, 2018. The company specializes in the research, production, and sales of aluminum foil, with main business revenue composition: aluminum foil products 85.57%, aluminum plates and strips 12.80%, and others 1.64% [1][2]. Financial Performance - As of June 30, 2025, Dingsheng New Materials achieved operating revenue of 13.314 billion yuan, representing a year-on-year growth of 15.94%. The net profit attributable to shareholders was 188 million yuan, with a year-on-year increase of 2.33% [2]. - The company has distributed a total of 949.7 million yuan in dividends since its A-share listing, with 720 million yuan distributed over the past three years [3]. Stock Performance - On September 24, Dingsheng New Materials' stock price increased by 2.01%, reaching 10.68 yuan per share, with a trading volume of 171 million yuan and a turnover rate of 1.75%. The total market capitalization is 9.925 billion yuan [1]. - Year-to-date, the stock price has risen by 21.50%, with a decline of 5.65% over the last five trading days, a 9.09% increase over the last 20 days, and a 16.09% increase over the last 60 days [1]. Shareholder Information - As of June 30, 2025, the number of shareholders is 45,500, a decrease of 7.03% from the previous period. The average circulating shares per person increased by 8.91% to 20,420 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the ninth largest shareholder, holding 8.8482 million shares as a new shareholder [3]. Industry Context - Dingsheng New Materials operates within the non-ferrous metals industry, specifically in the industrial metals-aluminum sector. The company is associated with concepts such as green packaging, solid-state batteries, lithium batteries, battery foils, and the Ningde Times concept [1].

Core Viewpoint - The stock of Xingyuan Material has shown a significant increase of 42.40% year-to-date, despite a recent decline of 2.34% over the last five trading days, indicating volatility in its performance [1]. Financial Performance - For the first half of 2025, Xingyuan Material reported a revenue of 1.898 billion yuan, representing a year-on-year growth of 14.78% [2]. - The net profit attributable to shareholders for the same period was 100 million yuan, which reflects a substantial decrease of 58.53% compared to the previous year [2]. Shareholder Information - As of June 30, 2025, the number of shareholders for Xingyuan Material reached 115,200, an increase of 26.79% from the previous period [2]. - The average number of circulating shares per shareholder decreased by 21.13% to 10,532 shares [2]. Dividend Distribution - Since its A-share listing, Xingyuan Material has distributed a total of 791 million yuan in dividends, with 490 million yuan distributed over the last three years [3]. Institutional Holdings - As of June 30, 2025, the second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 15.1284 million shares, a decrease of 1.1284 million shares from the previous period [3]. - The fourth-largest circulating shareholder is Southern CSI 1000 ETF, which increased its holdings by 2.3490 million shares to 12.4104 million shares [3].

Core Viewpoint - Tianhua New Energy's stock has shown fluctuations in recent trading, with a current price of 22.95 CNY per share and a market capitalization of 19.066 billion CNY, reflecting a year-to-date increase of 2.23% [1] Financial Performance - For the first half of 2025, Tianhua New Energy reported a revenue of 3.458 billion CNY, a year-on-year decrease of 6.88%, and a net profit attributable to shareholders of -156 million CNY, down 118.65% year-on-year [2] - Cumulative cash dividends since the A-share listing amount to 3.093 billion CNY, with 2.611 billion CNY distributed over the past three years [3] Shareholder Information - As of June 30, 2025, the number of shareholders increased to 71,000, with an average of 9,478 circulating shares per person, a decrease of 0.66% from the previous period [2] - The top ten circulating shareholders include notable entities such as E Fund's ChiNext ETF and Southern CSI 500 ETF, with changes in their holdings noted [3] Stock Trading Activity - On September 24, 2023, Tianhua New Energy's stock experienced a 2.00% increase, with a trading volume of 267 million CNY and a turnover rate of 1.75% [1] - The stock has seen significant trading activity, including a notable appearance on the "Dragon and Tiger List" on September 5, 2023, with a net buy of 283 million CNY [1]

Core Viewpoint - The stock of Xingyuan Material has experienced fluctuations, with a recent decline of 2.03% and a year-to-date increase of 39.61%, indicating volatility in investor sentiment and market performance [1][2]. Company Overview - Xingyuan Material, established on September 17, 2003, and listed on December 1, 2016, specializes in the research, production, and sales of lithium-ion battery separators, with 99.08% of its revenue derived from this core business [1]. - The company is located in Shenzhen, Guangdong Province, and operates within the electric equipment industry, specifically in battery and battery chemical products [1]. Financial Performance - For the first half of 2025, Xingyuan Material reported a revenue of 1.898 billion yuan, reflecting a year-on-year growth of 14.78%, while the net profit attributable to shareholders decreased by 58.53% to 100 million yuan [2]. - Cumulatively, the company has distributed 791 million yuan in dividends since its A-share listing, with 490 million yuan distributed over the past three years [3]. Shareholder Structure - As of June 30, 2025, the number of shareholders increased by 26.79% to 115,200, while the average number of circulating shares per person decreased by 21.13% to 10,532 shares [2]. - The top circulating shareholders include Hong Kong Central Clearing Limited and Southern CSI 1000 ETF, with notable changes in their holdings compared to the previous period [3].

Company Overview - Jiangsu Dingsheng New Material Co., Ltd. is located in Zhenjiang, Jiangsu Province, and was established on August 12, 2003. The company was listed on April 18, 2018. Its main business involves the research, production, and sales of aluminum foil, with revenue composition being 85.57% from aluminum foil products, 12.80% from aluminum plates and strips, and 1.64% from other products [1]. Financial Performance - As of June 30, 2025, Dingsheng New Material achieved operating revenue of 13.314 billion yuan, representing a year-on-year growth of 15.94%. The net profit attributable to shareholders was 188 million yuan, with a year-on-year increase of 2.33% [2]. - The company has distributed a total of 910 million yuan in dividends since its A-share listing, with 682 million yuan distributed over the past three years [3]. Stock Performance - On September 23, Dingsheng New Material's stock price decreased by 2.05%, trading at 10.52 yuan per share, with a total market capitalization of 9.776 billion yuan. The stock has increased by 19.68% year-to-date, but has seen a decline of 6.65% over the past five trading days [1]. - The stock's trading volume included a net outflow of 19.2592 million yuan from main funds, with significant selling pressure observed [1]. Shareholder Information - As of June 30, 2025, the number of shareholders decreased by 7.03% to 45,500, while the average circulating shares per person increased by 8.91% to 20,420 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the ninth largest shareholder, having acquired 8.8482 million shares as a new shareholder [3]. Industry Context - Dingsheng New Material operates within the non-ferrous metals sector, specifically in industrial metals and aluminum. The company is associated with concepts such as green packaging, solid-state batteries, lithium batteries, and sodium batteries [1].

Core Viewpoint - Winning Technology has shown significant stock price appreciation and strong trading activity, indicating investor interest and potential growth in the lithium battery equipment sector [1][2]. Company Performance - As of September 23, Winning Technology's stock price increased by 2.01% to 34.52 CNY per share, with a total market capitalization of 22.407 billion CNY [1]. - The company has experienced an 81.45% increase in stock price year-to-date, with a 4.57% rise in the last five trading days and a 50.02% increase over the past 20 days [1]. - For the first half of 2025, Winning Technology reported a revenue of 4.264 billion CNY, a year-on-year decrease of 3.68%, and a net profit of 271 million CNY, down 19.84% year-on-year [2]. Shareholder Information - As of June 30, 2025, the number of shareholders increased by 40.78% to 53,100, while the average number of circulating shares per person decreased by 28.86% to 12,010 shares [2]. - The company has distributed a total of 553 million CNY in dividends since its A-share listing, with 330 million CNY distributed in the last three years [3]. Institutional Holdings - As of June 30, 2025, the top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 3.693 million shares (a decrease of 1.0402 million shares), and Southern CSI 1000 ETF, which holds 3.607 million shares (an increase of 0.6917 million shares) [3].