Core Viewpoint - The stock of Deepin Technology Co., Ltd. has experienced fluctuations, with a year-to-date increase of 108.52% but a recent decline of 2.00% on November 14, 2023, indicating potential volatility in the market [1]. Financial Performance - For the period from January to September 2025, Deepin Technology achieved a revenue of 5.125 billion yuan, reflecting a year-on-year growth of 10.62%. However, the net profit attributable to shareholders was a loss of 80.5638 million yuan, although this represents an improvement with an 86.10% increase compared to the previous year [2]. Stock Market Activity - As of November 14, 2023, the stock price was 119.56 yuan per share, with a total market capitalization of 50.44 billion yuan. The trading volume was 1.31 billion yuan, with a turnover rate of 0.39% [1]. - The stock has seen a net outflow of 7.06 million yuan in principal funds, with significant buying and selling activity from large orders [1]. Shareholder Information - As of September 30, 2025, the number of shareholders increased by 11.92% to 30,900, with an average of 9,008 shares held per shareholder, a decrease of 10.65% [2]. - The company has distributed a total of 297 million yuan in dividends since its A-share listing, with 47.07 million yuan distributed over the past three years [3]. Institutional Holdings - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 12.9537 million shares, a decrease of 460,400 shares from the previous period. Other notable shareholders have also reduced their holdings [3].

Core Viewpoint - The stock of Beijing Beixin Source Software Co., Ltd. has experienced fluctuations, with a recent decline of 2.03% and a year-to-date increase of 9.85%, indicating volatility in market performance [1][2]. Company Overview - Beijing Beixin Source Software Co., Ltd. was established on May 28, 1996, and went public on September 12, 2012. The company specializes in the research, production, sales, and technical services of information security software products, serving key sectors such as government, military, finance, and energy [2]. - The company's revenue composition includes software products (51.85%), technical services (22.30%), system integration (16.47%), and others (9.37%) [2]. - The company is categorized under the computer software development industry, focusing on vertical application software, and is associated with concepts such as digital watermarking, ChatGPT, online office, information security, and situational awareness [2]. Financial Performance - For the period from January to September 2025, the company reported a revenue of 116 million yuan, a year-on-year decrease of 69.30%, and a net profit attributable to shareholders of -166 million yuan, a year-on-year decrease of 249.84% [2]. - The company has distributed a total of 117 million yuan in dividends since its A-share listing, with no dividends paid in the last three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders decreased by 5.05% to 95,100, with an average of 13,422 circulating shares per person, an increase of 5.32% [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited as the second-largest shareholder, holding 15.12 million shares, an increase of 7.80 million shares from the previous period [3].

Core Viewpoint - Tongding Interconnection's stock price has shown fluctuations, with a recent decline of 2.03% and a year-to-date increase of 3.31% [1] Company Overview - Tongding Interconnection Information Co., Ltd. was established on February 7, 2001, and listed on October 21, 2010. The company specializes in the R&D, production, and sales of optical fibers, communication cables, and related products [2] - The revenue composition of the company includes: power cables (46.66%), communication cables (28.83%), communication equipment (9.24%), security business (7.91%), optical fibers and cables (5.73%), and others (1.64%) [2] - The company operates within the communication equipment industry, focusing on communication cables and related accessories, and is involved in sectors such as situational awareness, big data, optical fibers, information security, and 5G [2] Financial Performance - For the period from January to September 2025, Tongding Interconnection achieved a revenue of 2.446 billion yuan, representing a year-on-year growth of 12.71%. However, the net profit attributable to shareholders was -65.47 million yuan, a decrease of 906.66% compared to the previous year [2] - The company has distributed a total of 466 million yuan in dividends since its A-share listing, with no dividends paid in the last three years [3] Shareholder Information - As of September 30, 2025, the number of shareholders of Tongding Interconnection increased to 83,800, up by 4.17% from the previous period, with an average of 14,037 shares held per person, a decrease of 4.00% [2] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 24.51 million shares, an increase of 7.79 million shares from the previous period [3]

Core Viewpoint - The stock price of Hillstone Networks has experienced fluctuations, with a recent decline of 2.17% on November 5, 2023, despite a year-to-date increase of 25.16% [1][2]. Company Overview - Hillstone Networks, established on July 20, 2011, and listed on September 30, 2019, is located in Suzhou High-tech Zone, Jiangsu Province. The company specializes in innovative technologies in the network security field, offering a comprehensive range of products and services including boundary security, cloud security, data security, and internal network security [2]. - The revenue composition of Hillstone Networks includes 75.09% from boundary security products, 18.93% from other security products, 5.09% from cloud security products, and 0.88% from other supplementary services [2]. Financial Performance - For the period from January to September 2025, Hillstone Networks achieved a revenue of 719 million yuan, reflecting a year-on-year growth of 1.91%. However, the net profit attributable to the parent company was a loss of 72.84 million yuan, which represents a year-on-year increase of 4.89% in losses [2]. - As of September 30, 2023, the number of shareholders for Hillstone Networks was 7,642, an increase of 10.67% from the previous period, while the average circulating shares per person decreased by 9.64% to 23,584 shares [2]. Dividend Information - Since its A-share listing, Hillstone Networks has distributed a total of 51.03 million yuan in dividends, with no dividends paid in the last three years [3].

Core Viewpoint - The company, Weide Information, is a significant player in the domestic smart security devices and information security cloud platform sector, with strong R&D capabilities and a certain level of industry scarcity [1] Group 1: Business Performance - For Q3 2025, Weide Information reported revenue of 71.82 million yuan, ranking 100th out of 102 in the industry, significantly below the industry average of 1.712 billion yuan and the median of 419 million yuan [2] - The net profit for the same period was 8.2 million yuan, ranking 42nd out of 102, lower than the industry average of 26.43 million yuan but higher than the median of -7.19 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, Weide Information's debt-to-asset ratio was 7.50%, up from 3.30% in the previous year, and significantly lower than the industry average of 31.94% [3] - The gross profit margin for Q3 2025 was 50.23%, an increase from 39.71% in the previous year, and higher than the industry average of 41.71% [3] Group 3: Executive Compensation - The chairman, Yin Jian, received a salary of 434,300 yuan in 2024, an increase of 1,700 yuan from 2023 [4] - The general manager, Yin Yifan, received a salary of 212,100 yuan in 2024, an increase of 20,000 yuan from 2023 [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 8.87% to 3,173, while the average number of circulating A-shares held per account increased by 79.03% to 26,400 [5]

Core Viewpoint - Anbotong, a leading company in the domestic cybersecurity core software sector, has faced challenges in revenue and net profit despite a strong market position and high gross margins [1][3]. Group 1: Company Overview - Anbotong was established on May 25, 2007, and listed on the Shanghai Stock Exchange on September 6, 2019, with its headquarters in Beijing [1]. - The company focuses on the research, development, sales, and related technical services of cybersecurity core software products, positioning itself as a provider of cybersecurity system platforms and services [1]. Group 2: Financial Performance - In Q3 2025, Anbotong achieved a revenue of 500 million yuan, ranking 22nd out of 35 in the industry, significantly lower than the top competitor, iFlytek, which reported 16.989 billion yuan [2]. - The net profit for the same period was -145 million yuan, placing the company 26th in the industry, with losses exceeding the industry average of -98.147 million yuan [2]. Group 3: Profitability and Debt - Anbotong's debt-to-asset ratio stood at 29.42% in Q3 2025, an increase from 23.89% year-on-year, aligning with the industry average [3]. - The gross margin for Q3 2025 was 83.24%, a significant increase from 60.70% year-on-year, surpassing the industry average of 63.59% [3]. Group 4: Executive Compensation - The chairman and CEO, Zhong Zhu, received a salary of 3.9175 million yuan in 2024, an increase of 1.8615 million yuan from 2023 [4]. Group 5: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 25.39% to 6,479, while the average number of circulating A-shares held per account decreased by 20.25% to 11,900 [5]. - The company reported significant revenue growth in the first half of 2025, primarily driven by a surge in its AI security business, although profit margins were pressured by increased sales expenses [5].

Core Viewpoint - Shenzhou Taiyue's stock price has shown fluctuations, with a recent increase of 2.03% to 12.04 CNY per share, while the company faces a decline in revenue and profit year-on-year [1][2]. Financial Performance - For the period from January to September 2025, Shenzhou Taiyue reported a revenue of 4.068 billion CNY, a year-on-year decrease of 9.86%, and a net profit attributable to shareholders of 724 million CNY, down 33.77% year-on-year [2]. - The company has cumulatively distributed dividends of 1.297 billion CNY since its A-share listing, with 372 million CNY distributed over the past three years [3]. Stock Market Activity - As of October 31, Shenzhou Taiyue's market capitalization stands at 23.685 billion CNY, with a trading volume of 113 million CNY and a turnover rate of 0.51% [1]. - The stock has increased by 4.79% year-to-date but has seen a decline of 1.63% over the last five trading days and 22.57% over the last 20 days [1]. Shareholder Information - As of October 20, the number of shareholders increased to 92,300, with an average of 19,985 circulating shares per shareholder, a decrease of 3.27% [2]. - The largest circulating shareholder is Huaxia Zhongzheng Animation Game ETF, holding 56.4599 million shares, an increase of 9.6514 million shares compared to the previous period [3].

Core Viewpoint - Tongding Interconnection is a significant player in the domestic communication cable industry, focusing on the research, production, and sales of optical fibers, optical cables, and related products, with a strong technical capability in these areas [1] Group 1: Business Performance - In Q3 2025, Tongding Interconnection reported revenue of 2.446 billion yuan, ranking 6th among 12 companies in the industry [2] - The company's main business composition includes: - Power cables: 710 million yuan (46.66%) - Communication cables: 439 million yuan (28.83%) - Communication equipment: 141 million yuan (9.24%) - Security business: 120 million yuan (7.91%) - Optical fibers and cables: 87.23 million yuan (5.73%) - Others: 24.93 million yuan (1.64%) [2] - The net profit for the same period was -42.37 million yuan, placing it 12th in the industry [2] Group 2: Financial Ratios - As of Q3 2025, the asset-liability ratio for Tongding Interconnection was 55.80%, higher than the industry average of 44.07%, but down from 57.09% in the same period last year [3] - The gross profit margin was 20.55%, below the industry average of 24.18%, although it improved from 19.75% in the previous year [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 4.17% to 83,800 [5] - The average number of circulating A-shares held per shareholder decreased by 4.00% to 14,000 [5] - Hong Kong Central Clearing Limited is the third-largest circulating shareholder, holding 24.5077 million shares, an increase of 7.7909 million shares from the previous period [5] Group 4: Executive Compensation - The chairman, Shen Xiaoping, received a salary of 1.9508 million yuan in 2024, unchanged from 2023 [4] - The general manager, Bai Xiaoming, received a salary of 327,000 yuan in 2024, an increase of 1,900 yuan from 2023 [4]

Core Viewpoint - The company, Shanshi Network Technology, is a significant player in the domestic cybersecurity market, focusing on cutting-edge technology innovation and offering comprehensive cybersecurity solutions [1] Group 1: Business Performance - In Q3 2025, Shanshi Network reported revenue of 719 million yuan, ranking 19th out of 35 in the industry, significantly lower than the industry leader, iFlytek, which reported 16.989 billion yuan [2] - The main business composition includes boundary security products at 748 million yuan (75.09%), other security products at 189 million yuan (18.93%), and cloud security products at 50.75 million yuan (5.09%) [2] - The net profit for the same period was a loss of 74.71 million yuan, ranking 20th out of 35, with a loss margin smaller than the industry average of -98.15 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, the company's debt-to-asset ratio was 57.29%, higher than the previous year's 46.11% and the industry average of 29.42% [3] - The gross profit margin for Q3 2025 was 69.63%, lower than the previous year's 72.90% but above the industry average of 63.59% [3] Group 3: Executive Compensation - The chairman and general manager, Ye Haiqiang, received a salary of 2.5693 million yuan in 2024, an increase of 1.1928 million yuan from 2023 [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 10.67% to 7,642, while the average number of circulating A-shares held per account decreased by 9.64% to 23,600 [5]

Core Viewpoint - The stock of 360 Security Technology Co., Ltd. has shown a mixed performance in recent trading sessions, with a year-to-date increase of 6.50% and a recent uptick of 2.08% on October 30, 2023, indicating fluctuating investor sentiment and market dynamics [1][2]. Financial Performance - For the first half of 2025, the company reported a revenue of 3.827 billion yuan, reflecting a year-on-year growth of 3.67%, while the net profit attributable to shareholders was -282 million yuan, showing a significant increase of 17.43% compared to the previous period [2]. - Cumulatively, since its A-share listing, the company has distributed a total of 3.535 billion yuan in dividends, with 2.1 billion yuan distributed over the last three years [3]. Stock Market Activity - As of October 30, 2023, the stock price was 10.81 yuan per share, with a trading volume of 5.22 billion yuan and a turnover rate of 0.70%, leading to a total market capitalization of 75.665 billion yuan [1]. - The stock has experienced a net inflow of 49.8612 million yuan from main funds, with significant buying activity from large orders [1]. Shareholder Structure - As of June 30, 2025, the number of shareholders decreased to 396,100, while the average number of circulating shares per person increased by 14.03% to 17,671 shares [2]. - The top ten circulating shareholders include significant institutional investors, with notable increases in holdings from various ETFs [3].