Company Overview - Hengmingda Electronics Technology Co., Ltd. is located in Kunshan, Jiangsu Province, and was established on July 27, 2011. It was listed on February 1, 2019. The company specializes in the design, research and development, production, and sales of functional components, protective products, and protective films for consumer electronics [1]. Financial Performance - As of June 30, 2025, Hengmingda achieved operating revenue of 1.244 billion yuan, representing a year-on-year growth of 32.18%. The net profit attributable to the parent company was 234 million yuan, reflecting a year-on-year increase of 43.01% [2]. - The company has distributed a total of 504 million yuan in dividends since its A-share listing, with 333 million yuan distributed over the past three years [3]. Stock Performance - On September 3, Hengmingda's stock price increased by 2.07%, reaching 42.49 yuan per share, with a trading volume of 151 million yuan and a turnover rate of 1.87%. The total market capitalization is 10.886 billion yuan [1]. - Year-to-date, Hengmingda's stock price has risen by 29.76%, with a decline of 4.11% over the last five trading days, a 24.17% increase over the last 20 days, and a 21.85% increase over the last 60 days [1]. Shareholder Information - As of June 30, 2025, the number of shareholders for Hengmingda was 19,900, a decrease of 2.53% from the previous period. The average number of circulating shares per person increased by 2.60% to 9,687 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the seventh largest, holding 1.9783 million shares, a decrease of 1.2304 million shares from the previous period. The Southern CSI 1000 ETF is the tenth largest shareholder, holding 1.6611 million shares as a new shareholder [3]. Business Segmentation - The main business revenue composition of Hengmingda includes precision flexible structural components (82.85%), precision metal structural components (15.69%), and materials and others (1.46%) [1].

Company Overview - Henglin Home Furnishings Co., Ltd. is located in Anji County, Huzhou City, Zhejiang Province, and was established on April 3, 1998. The company was listed on November 21, 2017. Its main business involves the research, production, and sales of office chairs, sofas, massage chairs, and accessories [1] - The revenue composition of Henglin includes: office furniture 32.09%, comprehensive home and others 31.28%, new material flooring 13.85%, soft furniture 12.89%, panel furniture 9.23%, and others 0.67% [1] Financial Performance - As of June 30, 2025, Henglin achieved operating revenue of 5.347 billion yuan, representing a year-on-year growth of 11.30%. However, the net profit attributable to the parent company was 181 million yuan, a decrease of 17.55% year-on-year [2] - Since its A-share listing, Henglin has cumulatively distributed 478 million yuan in dividends, with 236 million yuan distributed over the past three years [3] Stock Performance - On September 3, Henglin's stock price decreased by 2.04%, trading at 31.66 yuan per share, with a total market capitalization of 4.403 billion yuan. The stock has increased by 5.82% year-to-date, 8.05% over the last five trading days, 5.92% over the last 20 days, and 15.04% over the last 60 days [1] - As of June 30, 2025, the number of shareholders was 9,161, a decrease of 3.69% from the previous period, while the average circulating shares per person increased by 3.83% to 15,180 shares [2] Shareholding Structure - As of June 30, 2025, among the top ten circulating shareholders, Hong Kong Central Clearing Limited was the ninth largest shareholder, holding 450,900 shares as a new shareholder [3] Market Position - Henglin is classified under the Shenwan industry category of light industry manufacturing - home products - finished home furnishings. The company is associated with concepts such as high dividend yield, Xiaomi concept, small-cap stocks, and cross-border e-commerce [1]

Group 1 - The stock price of Yidong Electronics has increased by 105.87% year-to-date, with a recent 5-day increase of 5.67%, a 20-day increase of 31.11%, and a 60-day increase of 97.28% [2] - The company has appeared on the trading leaderboard five times this year, with the most recent appearance on August 28, where the net buying on that day was 104 million yuan, accounting for 21.24% of total trading volume [2] - Yidong Electronics' main business includes the research, production, and sales of precision electronic components such as FPC, connector components, and LED backlight modules, with revenue composition being 44.81% from connector components, 37.47% from FPC, 10.01% from others, and 7.72% from LED backlight modules [2] Group 2 - As of August 20, the number of shareholders of Yidong Electronics was 18,900, a decrease of 15.00% from the previous period, while the average circulating shares per person increased by 17.65% to 12,359 shares [3] - For the first half of 2025, Yidong Electronics achieved operating revenue of 1.009 billion yuan, a year-on-year increase of 27.77%, while the net profit attributable to the parent company was 6.0027 million yuan, a year-on-year decrease of 74.52% [3] - The company has distributed a total of 210 million yuan in dividends since its A-share listing, with 140 million yuan distributed over the past three years [4]

Company Overview - Water Goat Co., Ltd. is located in Changsha, Hunan Province, and was established on November 1, 2012. The company was listed on February 8, 2018. Its main business involves the research, production, and sales of cosmetics [1][2] - The main revenue composition includes: 81.84% from lotions and creams, 17.32% from masks, and 0.84% from other products [1] Financial Performance - For the first half of 2025, Water Goat achieved operating revenue of 2.5 billion yuan, representing a year-on-year growth of 9.02%. The net profit attributable to the parent company was 123 million yuan, with a year-on-year increase of 16.54% [2] - Since its A-share listing, the company has distributed a total of 142 million yuan in dividends, with 77.81 million yuan distributed over the past three years [3] Stock Market Activity - As of September 2, Water Goat's stock price increased by 2.00%, reaching 22.93 yuan per share, with a trading volume of 521 million yuan and a turnover rate of 6.44%. The total market capitalization is 8.943 billion yuan [1] - Year-to-date, the stock price has risen by 73.45%, with a recent decline of 3.66% over the past five trading days, and increases of 33.24% over the past 20 days and 20.30% over the past 60 days [1] - The company has appeared on the "Dragon and Tiger List" once this year, with the most recent appearance on May 28, where it recorded a net purchase of 24.49 million yuan [1] Shareholder Information - As of August 8, the number of shareholders for Water Goat was 27,000, an increase of 5.01% from the previous period. The average circulating shares per person decreased by 4.77% to 13,296 shares [2] - Notable institutional holdings include BlackRock China New Horizons Mixed A as the seventh largest shareholder with 2.6 million shares, and Hong Kong Central Clearing Limited as the eighth largest shareholder with 2.524 million shares, both being new shareholders [3]

Core Viewpoint - Stone Technology's stock price has shown a significant increase of 35.08% year-to-date, despite a recent slight decline of 0.57% over the past five trading days [2] Financial Performance - For the first half of 2025, Stone Technology achieved a revenue of 7.903 billion yuan, representing a year-on-year growth of 78.96%. However, the net profit attributable to shareholders decreased by 39.55% to 678 million yuan [2] - Since its A-share listing, Stone Technology has distributed a total of 1.463 billion yuan in dividends, with 1.052 billion yuan distributed over the past three years [3] Stock Market Activity - On September 1, Stone Technology's stock price fell by 2.01%, closing at 210.58 yuan per share, with a trading volume of 646 million yuan and a turnover rate of 1.16%. The total market capitalization stood at 54.558 billion yuan [1] - As of June 30, 2025, the number of shareholders for Stone Technology was 17,500, a decrease of 4.99% from the previous period, while the average circulating shares per person increased by 47.43% to 14,806 shares [2] Institutional Holdings - As of June 30, 2025, the top ten circulating shareholders of Stone Technology included several ETFs, with notable increases in holdings from institutions such as Huaxia and E Fund [3]

Core Points - The stock price of Visionox fell by 2.01% on September 1, trading at 41.39 CNY per share with a market capitalization of 28.808 billion CNY [1] - Year-to-date, the stock has increased by 14.23%, with a 5-day increase of 5.29%, a 20-day increase of 16.17%, and a 60-day increase of 22.30% [1] Company Overview - Guangzhou Visionox Technology Co., Ltd. was established on December 28, 2005, and listed on January 19, 2017. The company is located in Guangzhou, Guangdong Province, and specializes in the research, development, and sales of electronic products such as LCD display main control boards and interactive smart panels [2] - The company's revenue composition includes: 26.30% from smart control components, 23.16% from smart terminals and applications, 16.71% from commercial display equipment and systems, 14.75% from LCD display main control boards, and other categories [2] Financial Performance - As of August 20, the number of shareholders for Visionox was 36,600, an increase of 17.25% from the previous period, while the average circulating shares per person decreased by 14.71% [3] - For the first half of 2025, Visionox reported a revenue of 10.565 billion CNY, a year-on-year increase of 4.39%, while the net profit attributable to shareholders was 398 million CNY, a year-on-year decrease of 19.66% [3] Dividend Information - Since its A-share listing, Visionox has distributed a total of 4.328 billion CNY in dividends, with 1.8 billion CNY distributed over the past three years [4] - As of June 30, 2025, Hong Kong Central Clearing Limited was the tenth largest circulating shareholder, holding 10.3894 million shares, a decrease of 6.5831 million shares from the previous period [4]

Company Overview - Nanji Guang is a Shenzhen-based company specializing in the research, production, and sales of mobile phone components, primarily focusing on backlight display modules, which account for 99.18% of its revenue [2] - The company was established on January 4, 2009, and went public on February 3, 2021 [2] - As of August 20, 2023, the number of shareholders increased by 3.77% to 16,100, with an average of 9,778 circulating shares per person, a decrease of 3.63% [2] Stock Performance - The stock price of Nanji Guang increased by 130.37% year-to-date, with a 0.94% rise over the last five trading days, 5.75% over the last 20 days, and 53.50% over the last 60 days [2] - As of September 1, 2023, the stock price was 31.10 yuan per share, with a market capitalization of 6.924 billion yuan [1] Financial Performance - For the first half of 2025, Nanji Guang reported a revenue of 398 million yuan, representing a year-on-year growth of 244.67%, and a net profit attributable to shareholders of 72.891 million yuan, up 982.43% year-on-year [2] - Since its A-share listing, the company has distributed a total of 27.3563 million yuan in dividends, with no dividends paid in the last three years [3] Institutional Holdings - As of June 30, 2025, the seventh largest circulating shareholder is Huazhang Small Cap Growth Mixed Fund, holding 2.021 million shares as a new shareholder [3] - Dachen Zhongzheng 360 Internet + Index A has exited the list of the top ten circulating shareholders [3]

Core Viewpoint - Ninebot Company has shown significant stock performance and financial growth, with a notable increase in revenue and net profit in the first half of 2025, indicating strong market demand for its products [2][3]. Financial Performance - As of June 30, 2025, Ninebot Company achieved a revenue of 11.742 billion yuan, representing a year-on-year growth of 76.14% [2]. - The net profit attributable to shareholders reached 1.242 billion yuan, marking a substantial increase of 108.45% compared to the previous year [2]. Stock Performance - Ninebot Company's stock price increased by 48.95% year-to-date, with a 5.21% rise over the last five trading days and a 17.82% increase over the past 20 days [1]. - The stock was trading at 69.09 yuan per share, with a market capitalization of 49.916 billion yuan as of August 29 [1]. Shareholder Information - The number of shareholders increased to 20,400 as of June 30, 2025, reflecting a growth of 22.06% [2]. - The top circulating shareholder is the Huaxia SSE Sci-Tech Innovation Board 50 ETF, holding 30.8924 million shares, an increase of 28.0531 million shares from the previous period [3]. Business Overview - Ninebot Company, established on December 10, 2014, specializes in the design, research, development, production, sales, and service of various smart short-distance mobility devices [1]. - The main revenue sources include electric two-wheelers (58.10%), electric balance scooters and electric skateboards (18.57%), and other products [1].

Core Viewpoint - Stone Technology has shown significant stock performance and financial growth, with a notable increase in revenue despite a decline in net profit. Financial Performance - As of June 30, 2025, Stone Technology achieved a revenue of 7.903 billion yuan, representing a year-on-year growth of 78.96% [2] - The net profit attributable to shareholders was 678 million yuan, which reflects a year-on-year decrease of 39.55% [2] Stock Performance - On August 29, 2023, Stone Technology's stock price increased by 2.03%, reaching 215.44 yuan per share, with a total market capitalization of 55.817 billion yuan [1] - The stock has risen by 38.20% year-to-date, with a 1.44% increase over the last five trading days, 24.97% over the last 20 days, and 36.07% over the last 60 days [1] Shareholder Information - As of June 30, 2025, the number of shareholders decreased by 4.99% to 17,500, while the average number of circulating shares per person increased by 47.43% to 14,806 shares [2] - The top ten circulating shareholders include various ETFs, with significant increases in holdings for several funds, indicating growing institutional interest [3] Company Overview - Stone Technology, established on July 4, 2014, specializes in the design, research, development, production, and sales of smart cleaning robots and other smart hardware [1] - The company's main revenue source comes from smart cleaning products and accessories, accounting for 99.94% of total revenue [1]

Core Viewpoint - 弘信电子's stock price has shown significant volatility, with a year-to-date increase of 50.84% but a recent decline of 2.03% on August 28, indicating potential market fluctuations and investor sentiment [1] Financial Performance - For the first half of 2025, 弘信电子 reported a revenue of 3.494 billion yuan, representing a year-on-year growth of 15.01% [2] - The net profit attributable to shareholders for the same period was 53.9931 million yuan, reflecting a year-on-year increase of 9.85% [2] Shareholder Information - As of June 30, 2025, 弘信电子 had 72,600 shareholders, a decrease of 13.85% from the previous period [2] - The average number of circulating shares per shareholder increased by 16.07% to 6,292 shares [2] Dividend Distribution - Since its A-share listing, 弘信电子 has distributed a total of 126 million yuan in dividends, with no dividends paid in the last three years [3] Institutional Holdings - As of June 30, 2025, notable institutional shareholders include 南方中证1000ETF, which increased its holdings by 684,400 shares to 3.6093 million shares [3] - 香港中央结算有限公司 also increased its holdings by 240,100 shares to 3.1815 million shares [3] - 新进股东广发中证1000ETF holds 171,630 shares [3]