Core Viewpoint - Sifang Co., Ltd. has shown significant stock performance with a year-to-date increase of 54.80%, despite recent declines in the last five and twenty trading days [1][2]. Financial Performance - For the period from January to September 2025, Sifang Co., Ltd. achieved a revenue of 6.132 billion yuan, representing a year-on-year growth of 20.39%. The net profit attributable to shareholders was 704 million yuan, reflecting a year-on-year increase of 15.57% [2]. - The company has distributed a total of 4 billion yuan in dividends since its A-share listing, with 1.599 billion yuan distributed over the last three years [3]. Stock Market Activity - As of November 24, Sifang Co., Ltd.'s stock price was 25.14 yuan per share, with a market capitalization of 20.947 billion yuan. The stock experienced a trading volume of 274 million yuan and a turnover rate of 1.34% [1]. - The company has appeared on the "Dragon and Tiger List" twice this year, with the most recent instance on November 5, where it recorded a net purchase of 789.767 million yuan [1]. Shareholder Structure - As of September 30, 2025, Sifang Co., Ltd. had 33,800 shareholders, a decrease of 14.71% from the previous period. The average number of circulating shares per shareholder increased by 17.34% to 24,274 shares [2][3]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited held 17.3728 million shares, while E Fund Environmental Theme Mixed A increased its holdings by 179,220 shares [3].

Group 1 - The core viewpoint of the news is that Su Mei Da's stock has shown a slight increase, with a year-to-date rise of 18.80%, despite recent minor declines in the past few trading days [1][3] - As of November 24, Su Mei Da's stock price reached 10.61 CNY per share, with a market capitalization of 13.865 billion CNY [1] - The company has seen a net inflow of main funds amounting to 1.4009 million CNY, with significant buying and selling activities recorded [1] Group 2 - Su Mei Da, established on June 24, 1996, and listed on July 1, 1996, is based in Nanjing, Jiangsu Province, and operates in two main business segments: industrial chain and supply chain [2] - The revenue composition of Su Mei Da shows that supply chain services account for 71.59% of total revenue, while the industrial chain contributes 28.20% [2] - The company reported a revenue of 87.423 billion CNY for the period from January to September 2025, reflecting a year-on-year growth of 0.56%, and a net profit of 1.104 billion CNY, up 10.25% year-on-year [3] Group 3 - Su Mei Da's stock is categorized under the commercial retail sector, specifically in trade segments, and is associated with concepts such as carbon neutrality and solar energy [3] - As of September 30, 2025, the number of shareholders decreased by 16.35% to 32,600, while the average circulating shares per person increased by 19.55% to 40,079 shares [3] - The company has distributed a total of 2.474 billion CNY in dividends since its A-share listing, with 1.305 billion CNY distributed in the last three years [4]

Core Viewpoint - Kstar's stock price has experienced fluctuations, with a year-to-date increase of 87.04% but a recent decline of 7.95% over the last five trading days [1] Company Overview - Kstar Technology Co., Ltd. is based in Nanshan District, Shenzhen, Guangdong, and was established on March 17, 1993. It was listed on December 7, 2010. The company specializes in the R&D, production, sales, and services of UPS and valve-regulated sealed lead-acid batteries [1] - The main revenue composition includes smart power and data centers (60.04%), solar storage and charging products and systems (37.16%), supporting products (1.40%), other (0.96%), and new energy revenue (0.44%) [1] Financial Performance - For the period from January to September 2025, Kstar achieved operating revenue of 3.609 billion yuan, representing a year-on-year growth of 23.93%. The net profit attributable to the parent company was 446 million yuan, with a year-on-year increase of 24.93% [2] - Kstar has distributed a total of 1.544 billion yuan in dividends since its A-share listing, with 602 million yuan distributed in the last three years [3] Shareholder Structure - As of September 30, 2025, Kstar had 46,000 shareholders, with an average of 12,285 circulating shares per person. The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 10.6908 million shares, an increase of 2.45 million shares from the previous period [2][3] - New institutional shareholders include Bosera Huixing Return Mixed Fund, holding 5.0283 million shares, and Huatai-PineBridge Technology Innovation Mixed Fund, holding 4.0335 million shares [3]

Core Viewpoint - Evergrande High-Tech experienced a significant decline in stock price, dropping 9.02% with a trading volume of 189 million yuan and a market capitalization of 1.969 billion yuan [1] Company Overview - Evergrande High-Tech, established on September 1, 1994, and listed on June 21, 2011, is located in Nanchang, Jiangxi Province. The company operates in two main sectors: energy conservation and environmental protection, and internet marketing. The energy conservation sector includes anti-wear and anti-corrosion, waste incineration furnace protection, and acoustic noise reduction. The internet marketing sector encompasses internet software distribution, targeted internet advertising, and professional SMS communication services [7] Financial Performance - As of September 30, 2025, Evergrande High-Tech reported a revenue of 226 million yuan, representing a year-on-year decrease of 23.53%. The net profit attributable to the parent company was -2.3028 million yuan, a decline of 116.20% compared to the previous year [8] Business Segments - The company's revenue composition includes mobile information services (51.41%), anti-wear and anti-corrosion (28.25%), waste heat power generation (11.37%), and other segments (8.25%). The acoustic noise reduction engineering and photovoltaic power generation contribute 0.57% and 0.15% respectively [7] Recent Developments - The company has developed a series of protective products and technologies in the anti-wear and anti-corrosion field, which are applied in industries such as power generation, metallurgy, chemicals, cement, military, and waste incineration [2] - Evergrande High-Tech has invested in a 15MW waste heat power station in Fujian and successfully connected a 3.2MW distributed photovoltaic power generation project to the grid in December 2021 [2] - The company is actively investing in emerging industries such as new energy and new materials, aiming for breakthroughs and successful transformations in traditional industries [3]

Core Viewpoint - Fuzhou Funiu Co., Ltd. has experienced a decline in stock price and trading volume, with a notable net outflow of funds, despite a year-to-date increase in stock price [1][2]. Group 1: Stock Performance - On November 21, Fuzhou Funiu's stock price fell by 2.06%, trading at 9.96 CNY per share, with a total market capitalization of 27.69 billion CNY [1]. - Year-to-date, the stock price has increased by 3.89%, but it has decreased by 4.78% over the last five trading days [1]. - The stock has shown a slight increase of 1.01% over the last 20 days and a 2.61% increase over the last 60 days [1]. Group 2: Financial Performance - For the period from January to September 2025, Fuzhou Funiu reported a revenue of 10.03 billion CNY, a decrease of 4.29% year-on-year, while the net profit attributable to shareholders increased by 12.17% to 1.99 billion CNY [2]. - The company has distributed a total of 5.55 billion CNY in dividends since its A-share listing, with 2.65 billion CNY distributed over the last three years [2]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders increased by 15.91% to 37,700, while the average number of circulating shares per person decreased by 13.73% to 73,757 shares [2]. - Among the top ten circulating shareholders, ICBC Hongli Youxiang Mixed A Fund holds 24.01 million shares, an increase of 6.24 million shares from the previous period [2].

Core Viewpoint - The stock of Shihang New Energy has experienced a significant decline in 2023, with a year-to-date drop of 26.46% and a recent 5-day drop of 14.24% [1] Company Overview - Shihang New Energy Co., Ltd. is located in Bao'an District, Shenzhen, Guangdong Province, and was established on June 7, 2013. The company focuses on the research, production, sales, and service of new energy power equipment, particularly in solar energy conversion, storage, and management [2] - The company's main business revenue composition includes: grid-connected inverters (57.98%), energy storage batteries (23.11%), energy storage inverters (13.72%), accessories and others (4.85%), and other (0.34%) [2] - As of September 30, 2025, the number of shareholders is 20,700, a decrease of 9.62% from the previous period, with an average of 1,873 circulating shares per person, an increase of 10.65% [2] Financial Performance - For the period from January to September 2025, Shihang New Energy achieved operating revenue of 1.746 billion yuan and a net profit attributable to the parent company of 114 million yuan, representing a year-on-year decrease of 47.57% [2] - The company has distributed a total of 51.9588 million yuan in dividends since its A-share listing [3] Shareholding Structure - As of September 30, 2025, the largest circulating shareholder is Hong Kong Central Clearing Limited, holding 614,800 shares, an increase of 275,400 shares from the previous period [3] Market Activity - On November 21, the stock price of Shihang New Energy fell by 2.07%, trading at 29.80 yuan per share, with a total market capitalization of 12.289 billion yuan [1] - The stock has appeared on the daily trading list (龙虎榜) nine times this year, with the most recent occurrence on September 5, where it recorded a net purchase of 23.5987 million yuan [1]

Core Viewpoint - Shun Sodium Co., Ltd. experienced a stock price decline of 2.02% on November 21, with a current price of 8.26 CNY per share and a market capitalization of 5.706 billion CNY [1] Group 1: Stock Performance - The stock price of Shun Sodium has increased by 36.30% year-to-date, but has decreased by 11.47% in the last five trading days [1] - Over the past 20 days, the stock has risen by 19.71%, while it has increased by 6.03% over the last 60 days [1] - The company has appeared on the "Dragon and Tiger List" 15 times this year, with the most recent appearance on November 14, where it recorded a net buy of -163 million CNY [1] Group 2: Financial Performance - For the period from January to September 2025, Shun Sodium reported a revenue of 1.608 billion CNY, a year-on-year decrease of 5.23% [2] - The net profit attributable to the parent company was 80.5149 million CNY, reflecting a year-on-year increase of 12.94% [2] - The company has distributed a total of 402 million CNY in dividends since its A-share listing, with no dividends distributed in the last three years [2] Group 3: Company Overview - Shun Sodium Co., Ltd. is located in Shunde District, Foshan City, Guangdong Province, and was established on October 28, 1992, with its listing date on January 3, 1994 [1] - The company's main business involves power distribution and transmission equipment, with 99.79% of its revenue coming from this sector [2] - The company is classified under the electrical equipment industry, specifically in power grid equipment and transmission and transformation equipment [2]

Core Viewpoint - Zhaoxin Co., Ltd. has experienced a stock price decline of 2.23% on November 21, with a current price of 3.50 CNY per share, despite a year-to-date increase of 38.89% [1][2]. Group 1: Stock Performance - The stock price of Zhaoxin Co., Ltd. has increased by 38.89% year-to-date, but has seen a decline of 14.63% in the last five trading days [2]. - Over the past 20 days, the stock has risen by 10.76%, and over the last 60 days, it has increased by 44.03% [2]. - The company has appeared on the "Dragon and Tiger List" four times this year, with the most recent appearance on September 5, where it recorded a net purchase of 41.27 million CNY [2]. Group 2: Financial Performance - For the period from January to September 2025, Zhaoxin Co., Ltd. achieved a revenue of 322 million CNY, representing a year-on-year growth of 34.45% [3]. - The net profit attributable to shareholders for the same period was 4.91 million CNY, showing a significant year-on-year increase of 105.50% [3]. Group 3: Shareholder and Dividend Information - As of November 10, 2025, the number of shareholders for Zhaoxin Co., Ltd. was 116,700, a decrease of 4.40% from the previous period [3]. - The company has distributed a total of 310 million CNY in dividends since its A-share listing, with no dividends paid in the last three years [4]. - As of September 30, 2025, a significant shareholder, Lobo Mai Zhong Zheng A500 Index Enhanced A, has exited the top ten circulating shareholders [4]. Group 4: Business Overview - Zhaoxin Co., Ltd. is primarily engaged in the development, production, and sales of aerosol products, with its main business revenue composition being 45.85% from fine chemical products, 26.14% from photovoltaic power generation, 23.74% from photovoltaic construction, and 4.27% from new chemical materials [2]. - The company is classified under the public utility sector, specifically in the electricity and photovoltaic power generation industry [2].

Core Viewpoint - The stock of Zhejiang Chint Electrics Co., Ltd. has experienced fluctuations, with a recent decline of 2.07% and a year-to-date increase of 24.19% [1] Company Overview - Zhejiang Chint Electrics Co., Ltd. was established on August 5, 1997, and went public on January 21, 2010. The company specializes in low-voltage electrical equipment, including distribution, terminal, control, and power electronics, as well as solar energy products and services [2] - The main revenue sources for the company include: solar power station engineering contracting (32.76%), power station operation (18.79%), terminal electrical products (13.01%), and distribution electrical products (11.23%) among others [2] Financial Performance - As of September 30, 2025, the company reported a revenue of 46.396 billion yuan, a slight decrease of 0.03% year-on-year, while the net profit attributable to shareholders increased by 19.49% to 4.179 billion yuan [3] - The company has distributed a total of 15.650 billion yuan in dividends since its A-share listing, with 3.319 billion yuan distributed in the last three years [4] Shareholder Information - As of September 30, 2025, the number of shareholders decreased to 85,600, with an average of 25,114 circulating shares per person, which is an increase of 3.30% from the previous period [3] - The third-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 123 million shares, a decrease of 8.4353 million shares from the previous period [4]

Core Viewpoint - DeYe Co., Ltd. experienced a stock price decline of 2.01% on November 20, with a current price of 78.17 CNY per share and a total market capitalization of 709.60 billion CNY [1] Financial Performance - For the period from January to September 2025, DeYe Co., Ltd. achieved a revenue of 8.846 billion CNY, representing a year-on-year growth of 10.36%, and a net profit attributable to shareholders of 2.347 billion CNY, which is a 4.79% increase compared to the previous year [2] - The company has distributed a total of 5.242 billion CNY in dividends since its A-share listing, with 4.901 billion CNY distributed over the last three years [3] Stock Market Activity - The stock has seen a year-to-date increase of 35.69%, but has declined by 6.77% over the last five trading days [1] - As of September 30, 2025, the number of shareholders increased by 40.19% to 73,400, while the average number of circulating shares per person decreased by 28.40% to 12,375 shares [2] Shareholder Composition - As of September 30, 2025, the third-largest shareholder is Hong Kong Central Clearing Limited, holding 33.3664 million shares, an increase of 1.0752 million shares from the previous period [3] - New entrants among the top ten shareholders include E Fund CSI 300 ETF and Guangfa Small Cap Growth Mixed Fund [3] Business Overview - DeYe Co., Ltd. specializes in the research, production, and sales of evaporators, condensers, variable frequency control chips, dehumidifiers, and air source heat pump hot air machines [1] - The main revenue sources are inverters (47.77%), energy storage battery packs (25.69%), heat exchangers (15.68%), dehumidifiers (7.36%), and other products (3.16%) [1]