Core Insights - The stock price of Bright Dairy increased by 2.11% on November 11, reaching 8.71 CNY per share, with a total market capitalization of 12.007 billion CNY [1] - The company reported a revenue of 18.231 billion CNY for the first nine months of 2025, a year-on-year decrease of 0.99%, and a net profit of 87.2143 million CNY, down 25.05% year-on-year [2] - Bright Dairy has distributed a total of 3.628 billion CNY in dividends since its A-share listing, with 634 million CNY distributed over the past three years [3] Financial Performance - As of September 30, 2025, the number of shareholders decreased by 5.42% to 75,200, while the average number of circulating shares per person increased by 5.74% to 18,340 shares [2] - The stock has shown a year-to-date increase of 3.94%, with a 4.31% rise over the last five trading days [1] Shareholder Composition - The fourth largest circulating shareholder is Hong Kong Central Clearing Limited, holding 11.1106 million shares, a decrease of 2.8573 million shares from the previous period [3] - The sixth largest shareholder is the CSI Shanghai State-Owned Enterprise ETF, holding 7.2473 million shares, down by 0.9324 million shares [3]

Core Viewpoint - Shahe Co., Ltd. has experienced significant fluctuations in stock performance, with a year-to-date increase of 53.05% but a recent decline in the last five and twenty trading days [1][2]. Financial Performance - For the period from January to September 2025, Shahe Co., Ltd. reported a revenue of 20.86 million, a year-on-year decrease of 93.58%, and a net profit attributable to shareholders of -32.22 million, a year-on-year decrease of 168.73% [2]. - The company has cumulatively distributed 193 million in dividends since its A-share listing, with 81.33 million distributed over the last three years [3]. Stock Market Activity - As of November 11, the stock price of Shahe Co., Ltd. was 16.82 yuan per share, with a trading volume of 225 million and a turnover rate of 5.66%, resulting in a total market capitalization of 4.071 billion [1]. - The company has appeared on the "Dragon and Tiger List" twice this year, with the most recent appearance on October 23, where it recorded a net buy of -44.09 million [1]. Shareholder Information - As of September 30, 2025, the number of shareholders increased by 34.41% to 26,200, while the average circulating shares per person decreased by 25.60% to 9,231 shares [2]. - Among the top ten circulating shareholders, the Southern CSI Real Estate ETF ranked as the third-largest shareholder, holding 2.1286 million shares, a decrease of 35,100 shares from the previous period [3]. Business Overview - Shahe Co., Ltd. is primarily engaged in real estate development and management, with revenue composition as follows: 72.68% from real estate sales, 23.77% from property leasing, and 3.55% from property management [1].

Core Viewpoint - Yuexiu Capital's stock price has experienced fluctuations, with a current price of 7.86 CNY per share, reflecting a year-to-date increase of 14.73% but a recent decline over the past five and twenty trading days [1] Financial Performance - For the period from January to September 2025, Yuexiu Capital reported operating revenue of 8.271 billion CNY, a year-on-year decrease of 24.10%, while net profit attributable to shareholders increased by 75.13% to 3.010 billion CNY [2] - Cumulative cash dividends since the A-share listing amount to 7.236 billion CNY, with 3.006 billion CNY distributed over the past three years [3] Shareholder Information - As of September 30, 2025, the number of shareholders increased to 70,600, a rise of 6.32%, while the average circulating shares per person decreased by 5.94% to 70,982 shares [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, holding 64.8154 million shares, a decrease of 17.5519 million shares from the previous period [3] Business Segmentation - Yuexiu Capital's main business segments include: - New energy business (43.40%) - Futures business (27.16%) - Financing leasing (23.26%) - Non-performing asset management (4.65%) - Investment management (1.53%) [1]

Core Insights - The stock price of Zhonggang Tianyuan increased by 2.04% on November 11, reaching 11.02 CNY per share, with a trading volume of 1.31 billion CNY and a market capitalization of 8.308 billion CNY [1] - The company has seen a year-to-date stock price increase of 55.30%, with a 6.06% rise over the last five trading days, a 2.56% decline over the last 20 days, and a 9.33% increase over the last 60 days [1] - For the first nine months of 2025, Zhonggang Tianyuan reported a revenue of 2.32 billion CNY, representing an 18.43% year-on-year growth, and a net profit attributable to shareholders of 222 million CNY, up 41.02% year-on-year [2] Financial Performance - The company has distributed a total of 766 million CNY in dividends since its A-share listing, with 452 million CNY distributed over the last three years [3] - As of September 30, 2025, the number of shareholders increased by 24.07% to 56,600, while the average circulating shares per person decreased by 19.40% to 13,305 shares [2] Shareholder Structure - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 7.4942 million shares, a decrease of 1.2976 million shares from the previous period, and the newly entered shareholder, Harvest CSI Rare Earth Industry ETF, holding 5.7049 million shares [3]

Core Viewpoint - The stock price of Zhuangyuan Pasture has shown significant growth this year, with a year-to-date increase of 65.60% and a recent surge of 13.67% over the past five trading days [2] Company Overview - Zhuangyuan Pasture, established on April 25, 2000, and listed on October 31, 2017, is located in Lanzhou, Gansu Province. The company specializes in the production, processing, and sales of dairy products and dairy beverages, as well as dairy cattle breeding [2] - The main revenue sources for the company include sterilized milk (37.04%), fermented milk (24.37%), formulated milk (22.21%), pasteurized milk (8.20%), fresh milk (4.60%), and other products (2.77%) [2] Stock Performance - As of November 11, Zhuangyuan Pasture's stock price reached 12.47 CNY per share, with a market capitalization of 2.438 billion CNY. The stock experienced a 4.18% increase during the trading session [1] - The company has appeared on the stock market's "Dragon and Tiger List" nine times this year, with the most recent appearance on October 13, where it recorded a net buy of -21.87 million CNY [2] Financial Performance - For the period from January to September 2025, Zhuangyuan Pasture reported a revenue of 629 million CNY, reflecting a year-on-year decrease of 3.10%. The net profit attributable to shareholders was -48.44 million CNY, showing a year-on-year increase of 59.08% [3] - The company has distributed a total of 64.69 million CNY in dividends since its A-share listing, with 12.20 million CNY distributed over the past three years [4] Shareholder Information - As of September 30, 2025, the number of shareholders for Zhuangyuan Pasture was 18,100, a decrease of 12.97% from the previous period. The average number of circulating shares per shareholder increased by 14.91% to 9,466 shares [3] - Notable institutional holdings include Noan Multi-Strategy Mixed A (320016) as the sixth largest shareholder with 1.4498 million shares, an increase of 350,200 shares from the previous period, and CITIC Prudential Multi-Strategy Mixed (LOF) A (165531) as the eighth largest shareholder with 952,400 shares, marking a new entry [4]

Core Viewpoint - The stock of Shantui Construction Machinery Co., Ltd. has experienced fluctuations, with a recent decline of 2.13% on November 11, 2023, reflecting a total market capitalization of 15.887 billion yuan and a year-to-date increase of 10.60% [1] Financial Performance - For the period from January to September 2025, Shantui achieved operating revenue of 10.488 billion yuan, representing a year-on-year growth of 6.62%, and a net profit attributable to shareholders of 838 million yuan, which is a 24.36% increase compared to the previous year [2] Shareholder Information - As of September 30, 2025, the number of shareholders of Shantui increased by 19.80% to 70,800, while the average circulating shares per person decreased by 16.52% to 18,563 shares [2] - The company has distributed a total of 1.345 billion yuan in dividends since its A-share listing, with 526 million yuan distributed over the past three years [3] Stock Market Activity - On November 11, 2023, Shantui's stock price was reported at 10.59 yuan per share, with a trading volume of 1.23 billion yuan and a turnover rate of 0.88% [1] - The net outflow of main funds was 16.2184 million yuan, with significant selling pressure observed in large orders [1]

Core Viewpoint - Furi Electronics experienced a stock price decline of 2.06% on November 11, with a current price of 14.74 CNY per share and a total market capitalization of 8.741 billion CNY, despite a year-to-date increase of 64.88% in stock price [1] Financial Performance - For the period from January to September 2025, Furi Electronics reported a revenue of 9.34 billion CNY, reflecting a year-on-year growth of 19.11%, and a net profit attributable to shareholders of 87.36 million CNY, which is a significant increase of 165.17% [2] - The company has distributed a total of 91.20 million CNY in dividends since its A-share listing, with 11.86 million CNY distributed over the past three years [3] Shareholder Information - As of September 30, 2025, Furi Electronics had 142,500 shareholders, an increase of 37.23% from the previous period, with an average of 4,162 circulating shares per shareholder, down by 27.13% [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 6.59 million shares, an increase of 4.91 million shares from the previous period, and two new shareholders,招商量化精选股票发起式A and 招商成长量化选股股票A, holding 1.50 million and 1.15 million shares respectively [3] Market Activity - The stock has appeared on the trading leaderboard 18 times this year, with the most recent appearance on August 20, where it recorded a net buy of -14.54 million CNY [1]

Core Viewpoint - The stock of Longshen Rongfa has shown a mixed performance with a year-to-date increase of 22.06%, but a recent decline over the past 60 days, indicating potential volatility in the market [1]. Financial Performance - For the period from January to September 2025, Longshen Rongfa reported a revenue of 647 million yuan, representing a year-on-year decrease of 19.71%. However, the net profit attributable to shareholders increased by 9.13% to 27.03 million yuan [2]. - Cumulative cash dividends since the company's A-share listing amount to 42.64 million yuan, with 24.27 million yuan distributed over the past three years [3]. Shareholder Information - As of October 31, 2025, the number of shareholders for Longshen Rongfa decreased by 2.52% to 27,100, while the average number of tradable shares per shareholder increased by 2.59% to 11,147 shares [2]. - The fifth largest circulating shareholder is Huatai-PB Asset Management's Zhongzheng Traditional Chinese Medicine ETF, which holds 1.33 million shares, an increase of 351,800 shares compared to the previous period [3]. Market Activity - On November 11, the stock price of Longshen Rongfa rose by 2.13% to 10.57 yuan per share, with a trading volume of 65.20 million yuan and a turnover rate of 2.07%. The total market capitalization stands at 3.206 billion yuan [1]. - The net inflow of main funds was 2.31 million yuan, with significant buying activity from large orders [1]. Business Overview - Longshen Rongfa, established on June 3, 2002, and listed on September 13, 2016, primarily engages in the production and sales of traditional Chinese medicine, with 86.53% of its revenue derived from pharmaceutical sales [1]. - The company operates within the pharmaceutical and biological industry, specifically in the traditional Chinese medicine sector [1].

Core Viewpoint - The stock of Kaikai Industrial has shown fluctuations with a recent increase of 2.05%, but the year-to-date performance indicates a decline of 8.28% [1] Company Overview - Kaikai Industrial Co., Ltd. was established on August 4, 1997, and listed on February 28, 2001. The company is located at 678 Changping Road, Jing'an District, Shanghai. Its main business involves traditional Chinese medicine circulation, traditional Chinese medicine services (consultation services), and wholesale and retail of clothing [1] - The revenue composition of the company is as follows: wholesale 74.48%, retail 18.18%, health services 4.42%, leasing 1.77%, and others 1.14% [1] Financial Performance - For the period from January to September 2025, Kaikai Industrial achieved a revenue of 825 million yuan, representing a year-on-year growth of 10.76%. However, the net profit attributable to the parent company was 12.87 million yuan, a decrease of 62.81% compared to the previous year [2] - Since its A-share listing, the company has distributed a total of 191 million yuan in dividends, with 34.75 million yuan distributed over the last three years [3] Shareholder Information - As of September 30, 2025, the number of shareholders for Kaikai Industrial was 33,700, a decrease of 7.03% from the previous period. The average circulating shares per person remained at 0 shares [2] - Among the top ten circulating shareholders, China Merchants Securities (Hong Kong) Co., Ltd. holds 1.1311 million shares, remaining unchanged from the previous period. BOCI Securities Limited holds 862,700 shares, also unchanged, while the China Securities Shanghai State-owned Enterprise ETF (510810) holds 787,500 shares, a decrease of 164,200 shares from the previous period [3] Market Activity - The stock price of Kaikai Industrial has fluctuated, with a recent increase of 3.11% over the last five trading days and a 10.21% increase over the last 20 days. However, it has decreased by 1.28% over the last 60 days [1] - The company has appeared on the "Dragon and Tiger List" once this year, with the most recent occurrence on January 2, where it recorded a net buy of -11.20 million yuan [1]

Company Overview - Tianjin Jintou City Development Co., Ltd. is located at 80 Changde Road, Heping District, Tianjin, established on February 25, 1993, and listed on September 10, 2001. The company's main business involves state-authorized asset investment, holding, and real estate sales. The revenue composition is as follows: real estate development and operation 92.48%, other 5.57%, and leasing 1.95% [1][2]. Financial Performance - For the period from January to September 2025, Tianjin Jintou City Development reported operating revenue of 841 million yuan, a year-on-year decrease of 17.72%. The net profit attributable to the parent company was -789 million yuan, reflecting a significant year-on-year decline of 266.88% [2]. - Since its A-share listing, the company has distributed a total of 564 million yuan in dividends, with no dividends paid in the last three years [3]. Stock Performance - On November 11, the stock price of Tianjin Jintou City Development increased by 2.33%, reaching 2.64 yuan per share, with a trading volume of 32.09 million yuan and a turnover rate of 1.11%. The total market capitalization is 2.919 billion yuan [1]. - Year-to-date, the stock price has decreased by 2.94%, with a 1.15% increase over the last five trading days and a 1.93% increase over the last 20 days. However, it has dropped by 12.00% over the last 60 days [1]. - The company has appeared on the "Dragon and Tiger List" five times this year, with the most recent appearance on October 10, where it recorded a net purchase of 19.93 million yuan [1]. Shareholder Information - As of September 30, the number of shareholders for Tianjin Jintou City Development was 64,300, an increase of 5.53% from the previous period. The average circulating shares per person decreased by 5.24% to 17,199 shares [2]. Industry Classification - Tianjin Jintou City Development is classified under the Shenwan industry as follows: Real Estate - Real Estate Development - Residential Development. The company is associated with several concept sectors, including Tianjin State-owned Assets, Low Price, Green Building, State-owned Assets Reform, and Micro-plate Stocks [2].