Core Viewpoint - Feikai Materials experienced a stock price decline of 2.08% on November 11, with a current price of 22.56 CNY per share and a total market capitalization of 12.79 billion CNY [1] Financial Performance - For the period from January to September 2025, Feikai Materials reported a revenue of 2.342 billion CNY, representing a year-on-year growth of 7.88%, and a net profit attributable to shareholders of 291 million CNY, which is a 41.34% increase compared to the previous year [2] Stock and Shareholder Information - As of October 31, 2025, the number of shareholders for Feikai Materials increased to 67,200, up by 4.43%, while the average circulating shares per person decreased by 4.25% to 8,390 shares [2] - Since its A-share listing, Feikai Materials has distributed a total of 341 million CNY in dividends, with 159 million CNY distributed over the past three years [3] Market Activity - On November 11, the net outflow of main funds was 32.29 million CNY, with significant selling pressure observed, as large orders sold 63.01 million CNY worth of shares, accounting for 26.49% of total transactions [1] - The stock has seen a year-to-date increase of 44.11%, but has declined by 0.27% over the last five trading days and 8.81% over the last 20 days [1] Business Overview - Feikai Materials, established on April 26, 2002, and listed on October 9, 2014, specializes in the research, production, and sales of new materials, particularly ultraviolet curing materials [1] - The company's revenue composition includes display materials (52.32%), semiconductor materials (24.51%), and ultraviolet curing materials (22.78%) [1]

Core Viewpoint - Heli Tai's stock price has shown significant growth this year, with a year-to-date increase of 37.24%, despite recent fluctuations in trading volume and net capital flow [1][2]. Group 1: Stock Performance - As of November 10, Heli Tai's stock price rose by 2.18% to 3.28 CNY per share, with a trading volume of 3.33 billion CNY and a turnover rate of 1.83% [1]. - The company has experienced a net capital outflow of 241.77 thousand CNY, with large orders accounting for 14.81% of total buy orders and 17.67% of total sell orders [1]. - Over the past 60 days, the stock price has increased by 32.26%, while it has remained flat over the last 5 trading days [1]. Group 2: Company Overview - Heli Tai Technology Co., Ltd. was established on April 30, 2003, and went public on February 20, 2008. The company specializes in various display modules and components, including full-screen modules, touch screen modules, and 5G-related materials [2]. - The company's revenue composition includes 86.62% from electronic paper display products, 11.90% from general display products, and 0.68% from optical sensing products [2]. - As of September 30, the number of shareholders increased to 230,100, with an average of 24,683 circulating shares per person, a decrease of 51.78% from the previous period [2]. Group 3: Financial Performance - For the first nine months of 2025, Heli Tai reported a revenue of 1.259 billion CNY, reflecting a year-on-year growth of 23.84%, and a net profit attributable to shareholders of 17.81 million CNY, up 101.45% year-on-year [2]. - The company has distributed a total of 609 million CNY in dividends since its A-share listing, with no dividends paid in the last three years [3]. - As of September 30, 2025, Hong Kong Central Clearing Limited emerged as a new major shareholder, holding 41.919 million shares [3].

Core Viewpoint - Qingyue Technology's stock has experienced significant declines this year, with a 21.70% drop year-to-date and a 30.32% decline over the past 60 days, indicating potential challenges in the market [2][3]. Company Overview - Qingyue Technology, established on December 30, 2010, and listed on December 28, 2022, is located in Kunshan, Jiangsu Province. The company specializes in the research, production, and sales of small and medium-sized display panels, focusing on personalized display system solutions [2]. - The company's revenue composition includes: electronic paper modules (70.01%), PMOLED (18.36%), AMOLED (3.85%), and other segments [2]. Financial Performance - For the period from January to September 2025, Qingyue Technology reported a revenue of 476 million yuan, a year-on-year decrease of 13.64%. The net profit attributable to the parent company was -43.35 million yuan, reflecting a year-on-year increase of 11.30% [3]. - As of September 30, 2025, the company had a total of 7,053 shareholders, a decrease of 12.49% from the previous period, while the average circulating shares per person increased by 14.28% [3]. Stock Market Activity - On November 6, Qingyue Technology's stock rose by 2.13%, reaching 6.71 yuan per share, with a trading volume of 97.1 million yuan and a turnover rate of 6.13%. The total market capitalization stood at 3.02 billion yuan [1]. - The stock has appeared on the "Dragon and Tiger List" twice this year, with the most recent instance on November 3, where it recorded a net buy of -3.29 million yuan [2]. Shareholder Composition - As of September 30, 2025, the top ten circulating shareholders included several institutional investors, with Minsheng Jia Yin Continuous Growth Mixed A being the fourth largest shareholder, increasing its holdings by 695,900 shares [4].

Core Insights - The stock price of Feikai Materials increased by 2.02% on November 6, reaching 23.21 CNY per share, with a total market capitalization of 13.159 billion CNY [1] - The company has seen a year-to-date stock price increase of 47.88%, but has experienced a decline of 1.65% over the last five trading days and 10.66% over the last twenty days [1] - For the period from January to September 2025, Feikai Materials reported a revenue of 2.342 billion CNY, representing a year-on-year growth of 7.88%, and a net profit of 291 million CNY, which is a 41.34% increase compared to the previous year [2] Financial Performance - The company has distributed a total of 341 million CNY in dividends since its A-share listing, with 159 million CNY distributed over the last three years [3] - As of September 30, 2025, the number of shareholders decreased by 4.12% to 64,400, while the average number of tradable shares per person increased by 4.30% to 8,762 shares [2][3] Business Overview - Feikai Materials specializes in the research, production, and sales of new materials, particularly ultraviolet curing materials, with its main revenue sources being display materials (52.32%), semiconductor materials (24.51%), and ultraviolet curing materials (22.78%) [1] - The company operates within the electronic chemicals sector and is involved in various concept sectors including photoresists, specialized and innovative enterprises, electronic paper, OLED, and advanced packaging [1]

Core Points - Hanwang Technology's stock price decreased by 2.01% on November 5, reaching 22.89 CNY per share, with a market capitalization of 5.596 billion CNY [1] - The company reported a revenue of 1.26 billion CNY for the first nine months of 2025, reflecting a year-on-year growth of 9.85%, while the net profit attributable to shareholders was -91.18 million CNY, a decrease of 21.55% year-on-year [2] Financial Performance - Year-to-date stock price change is an increase of 1.02%, with a decline of 0.09% over the last five trading days, 7.18% over the last twenty days, and 15.22% over the last sixty days [1] - As of September 30, 2025, the number of shareholders increased by 7.17% to 60,100, while the average circulating shares per person decreased by 6.69% to 3,452 shares [2] Business Overview - Hanwang Technology specializes in intelligent interaction products, focusing on pattern recognition, with revenue composition as follows: smart pen interaction 58.89%, AI terminals 28.70%, multimodal big data business 10.89%, and other supplementary services 1.35% [1] - The company is categorized under the software development industry, specifically in vertical application software, and is associated with concepts such as electronic paper, Huawei Harmony, Huawei Kunpeng, online education, and data elements [1] Shareholder Information - As of September 30, 2025, Hong Kong Central Clearing Limited is the second-largest circulating shareholder with 14.0361 million shares, a decrease of 7.717 million shares from the previous period [2] - The Dachen Zhongzheng 360 Internet + Index A has exited the list of the top ten circulating shareholders [2]

Core Viewpoint - TCL Technology's stock price has experienced a decline of 14.66% year-to-date, with a recent drop of 2.07% on November 4, 2023, indicating potential market concerns regarding its performance and investor sentiment [1]. Financial Performance - For the period from January to September 2025, TCL Technology reported a revenue of 136.065 billion yuan, reflecting a year-on-year growth of 10.50%. The net profit attributable to shareholders reached 3.047 billion yuan, showing a significant increase of 99.75% compared to the previous year [2]. Shareholder Information - As of September 30, 2025, the number of shareholders for TCL Technology was 671,100, a decrease of 2.22% from the previous period. The average number of circulating shares per shareholder increased by 2.27% to 26,965 shares [2]. Dividend Distribution - Since its A-share listing, TCL Technology has distributed a total of 14.683 billion yuan in dividends, with 2.491 billion yuan distributed over the last three years [3]. Major Shareholders - The largest circulating shareholder is Hong Kong Central Clearing Limited, holding 949.5 million shares, an increase of 91.0236 million shares from the previous period. Other significant shareholders include China Securities Finance Corporation and various ETFs, with changes in their holdings noted [3].

Core Viewpoint - Deep Tianma A's stock has shown a positive trend with a year-to-date increase of 11.96% and a recent rise of 5.86% over the last five trading days, indicating strong market performance and investor interest [1]. Financial Performance - For the period from January to September 2025, Deep Tianma A reported a revenue of 26.663 billion yuan, reflecting a year-on-year growth of 11.03%. The net profit attributable to shareholders reached 313 million yuan, marking a significant increase of 166.25% compared to the previous year [2]. Shareholder Information - As of October 20, 2025, the number of shareholders for Deep Tianma A stood at 73,400, a slight decrease of 0.14% from the previous period. The average number of circulating shares per shareholder increased by 0.14% to 33,464 shares [2]. Dividend Distribution - Since its listing, Deep Tianma A has cumulatively distributed dividends amounting to 1.429 billion yuan. However, there have been no dividend distributions in the last three years [3]. Institutional Holdings - As of September 30, 2025, Hong Kong Central Clearing Limited was the fifth-largest circulating shareholder of Deep Tianma A, holding 110 million shares, which is an increase of 5.5005 million shares from the previous period [3].

Core Viewpoint - Heli Tai's stock price has shown significant growth this year, with a year-to-date increase of 40.17%, despite a slight decline in the last five trading days [1][2] Group 1: Stock Performance - As of November 4, Heli Tai's stock price reached 3.35 CNY per share, with a market capitalization of 25.056 billion CNY [1] - The stock has experienced a net inflow of 23.3543 million CNY from main funds, with large orders contributing to a total buy of 62.3784 million CNY [1] - The stock has appeared on the "Dragon and Tiger List" three times this year, with the most recent instance on August 29, where it recorded a net buy of -162 million CNY [1] Group 2: Company Overview - Heli Tai Technology Co., Ltd. was established on April 30, 2003, and went public on February 20, 2008 [2] - The company specializes in various modules including full-screen, touch, LCD, electronic paper, camera, fingerprint recognition, and wireless charging modules, among others [2] - The revenue composition includes 86.62% from electronic paper display products, 11.90% from general display products, and 0.68% from optoelectronic sensing products [2] Group 3: Financial Performance - For the period from January to September 2025, Heli Tai achieved a revenue of 1.259 billion CNY, reflecting a year-on-year growth of 23.84% [2] - The net profit attributable to the parent company was 17.8103 million CNY, marking a significant increase of 101.45% year-on-year [2] Group 4: Shareholder Information - As of September 30, 2025, the number of shareholders increased to 230,100, with an average of 24,683 circulating shares per person, a decrease of 51.78% [2][3] - The largest circulating shareholder is Hong Kong Central Clearing Limited, holding 41.9191 million shares as a new shareholder [3]

Core Viewpoint - Hanwang Technology's stock has shown a mixed performance in recent trading sessions, with a slight increase on November 3, 2023, and a year-to-date price increase of 4.28% despite recent declines over longer periods [1][2]. Group 1: Stock Performance - On November 3, 2023, Hanwang Technology's stock rose by 2.03%, reaching 23.63 CNY per share, with a trading volume of 1.06 billion CNY and a turnover rate of 2.19%, resulting in a total market capitalization of 57.76 billion CNY [1]. - Year-to-date, the stock price has increased by 4.28%, with a 2.16% rise over the last five trading days, a 1.83% decline over the last 20 days, and a 7.66% drop over the last 60 days [1]. Group 2: Financial Performance - For the period from January to September 2025, Hanwang Technology reported a revenue of 1.26 billion CNY, reflecting a year-on-year growth of 9.85%. However, the net profit attributable to shareholders was -91.18 million CNY, a decrease of 21.55% compared to the previous year [2]. - As of September 30, 2025, the number of shareholders increased to 60,100, marking a 7.17% rise, while the average circulating shares per person decreased by 6.69% to 3,452 shares [2]. Group 3: Business Overview - Hanwang Technology, established on September 11, 1998, and listed on March 3, 2010, is based in Haidian District, Beijing. The company focuses on intelligent interaction technologies, primarily involving software and hardware products related to pattern recognition [1]. - The revenue composition of Hanwang Technology includes intelligent interaction products (58.89%), AI terminals (28.70%), multimodal big data services (10.89%), and other supplementary services (1.35%) [1].

Core Viewpoint - Akitami Microelectronics, established in 2004 and listed in 2021, is a significant player in the domestic LCD display and touch products sector, showcasing strong R&D and production capabilities Group 1: Business Performance - In Q3 2025, Akitami Microelectronics achieved revenue of 975 million yuan, ranking 26th among 38 companies in the industry, with the industry leader BOE Technology Group reporting revenue of 154.55 billion yuan [2] - The company's net profit for the same period was 66.23 million yuan, placing it 16th in the industry, while the top performer, BOE, reported a net profit of 4.40 billion yuan [2] Group 2: Financial Ratios - As of Q3 2025, Akitami Microelectronics had a debt-to-asset ratio of 21.40%, up from 14.54% year-on-year, significantly lower than the industry average of 45.77%, indicating strong solvency [3] - The company's gross profit margin was 23.04%, down from 25.06% year-on-year, but still above the industry average of 14.89%, reflecting a competitive profitability advantage [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 7.78% to 17,000, while the average number of circulating A-shares held per shareholder increased by 8.43% to 7,057.58 [5]