Core Viewpoint - The stock of Chip Origin Co., Ltd. has shown significant volatility, with a year-to-date increase of 179.04%, but a recent decline in the last five and twenty trading days, indicating potential market fluctuations and investor sentiment changes [1][2]. Financial Performance - For the period from January to September 2025, Chip Origin achieved a revenue of 2.255 billion yuan, representing a year-on-year growth of 36.64%. However, the net profit attributable to shareholders was a loss of 347 million yuan, which is an increase of 12.42% compared to the previous year [2]. Stock Market Activity - As of November 13, the stock price of Chip Origin was 146.30 yuan per share, with a trading volume of 684 million yuan and a market capitalization of 76.933 billion yuan. The stock has experienced a net outflow of 31.3994 million yuan in principal funds, with significant buying and selling activity from large orders [1]. Shareholder Structure - As of September 30, 2025, the number of shareholders for Chip Origin increased to 49,400, a rise of 94.49%. The average circulating shares per person decreased by 48.39% to 10,144 shares [2][3]. Business Overview - Chip Origin specializes in semiconductor IP and provides comprehensive chip customization services. The revenue composition includes 41.85% from chip volume business, 28.81% from IP licensing fees, 23.83% from chip design services, and 5.21% from royalties [2].

Core Viewpoint - Pan-Asia Micro-Porous experienced a stock price decline of 2.16% on November 12, with a current price of 70.66 CNY per share, despite a year-to-date increase of 204.98% [1] Company Overview - Jiangsu Pan-Asia Micro-Porous Technology Co., Ltd. was established on November 8, 1995, and went public on October 16, 2020. The company specializes in the research, production, and sales of expanded polytetrafluoroethylene (ePTFE) membranes and other micro-porous materials [1] - The company's revenue composition includes: ePTFE micro-porous products (35.76%), CMD (14.94%), seals (13.74%), aerogels (11.07%), gas management products (9.18%), sound insulation products (6.63%), water-blocking membranes (5.01%), wiring harnesses (2.98%), and others (0.69%) [1] Financial Performance - For the period from January to September 2025, Pan-Asia Micro-Porous achieved a revenue of 500 million CNY, representing a year-on-year growth of 42.04%. The net profit attributable to shareholders was 90.71 million CNY, with a year-on-year increase of 36.17% [2] - The company has distributed a total of 112 million CNY in dividends since its A-share listing, with 77 million CNY distributed over the past three years [2] Shareholder Information - As of September 30, 2025, the number of shareholders for Pan-Asia Micro-Porous was 4,035, a decrease of 2.18% from the previous period. The average number of circulating shares per shareholder increased by 2.23% to 22,552 shares [2] - Among the top ten circulating shareholders, XINGQUAN He Yuan Two-Year Holding Mixed A (011338) is the seventh largest shareholder with 1.3349 million shares, while Huatai-PineBridge Growth Focus Mixed (519068) is the eighth largest with 1.3273 million shares, having increased its holdings by 117,700 shares compared to the previous period [2]

Core Viewpoint - The company, Digital Video Technology Co., Ltd., is actively engaged in various technological advancements, including AI, blockchain, cloud computing, and internet finance, which are expected to enhance its operational capabilities and market position. Group 1: Company Overview - Digital Video Technology Co., Ltd. was established on March 14, 2000, and went public on April 30, 2010. The company is located in Haidian District, Beijing, and specializes in the research, development, production, and technical services of digital television hardware and software products [7]. - The company's main business revenue composition includes: video technology products and services (34.01%), information service terminals (21.46%), other (17.93%), public safety products (8.25%), network transmission systems (7.34%), financial technology products (6.70%), and software technology services (4.30%) [8]. Group 2: Financial Performance - For the period from January to September 2025, the company achieved operating revenue of 465 million yuan, representing a year-on-year growth of 24.58%. The net profit attributable to the parent company was 24.62 million yuan, with a year-on-year increase of 10.34% [8]. - Since its A-share listing, the company has distributed a total of 370 million yuan in dividends, with 42.83 million yuan distributed over the past three years [8]. Group 3: Technological Developments - The company has developed an AI Agent for the broadcasting sector, which can be widely applied in TV stations, network companies, and IDC data centers. This AI system is designed for local deployment and offers capabilities such as health assessment of information platforms, fault prediction, root cause analysis, and self-healing processes [2]. - In 2018, the company explored the integration of copyright protection with new technologies, focusing on blockchain-based digital copyright management, which enhances the control authors have over their works compared to traditional methods [2]. - The company offers a cloud video platform solution that integrates AI technologies for various media applications, enabling comprehensive access and management of system resources [3]. Group 4: Market Position and Trends - The company's CAS/DCAS systems have the highest number of provincial network operator cases and the highest national secret certification level. The market for CAS systems is expected to stabilize as older systems are replaced [4]. - The company's internet finance segment primarily involves third-party payment services, and it holds internet payment and television payment licenses. Currently, this segment does not significantly impact the company's overall performance [5]. Group 5: Shareholder Information - As of September 30, 2025, the company had 81,400 shareholders, an increase of 1.71% from the previous period. The average number of circulating shares per person decreased by 1.68% to 15,748 shares [8]. - Major shareholders include Hong Kong Central Clearing Limited, which holds 13.55 million shares, and Southern CSI 1000 ETF, which holds 13.03 million shares [9].

Core Viewpoint - The stock of Chip Origin Co., Ltd. has experienced significant fluctuations, with a year-to-date increase of 178.03%, but a recent decline in the last five and twenty trading days [1][2] Group 1: Stock Performance - As of November 11, the stock price of Chip Origin is 145.77 CNY per share, with a market capitalization of 766.54 billion CNY [1] - The stock has seen a net outflow of 80.17 million CNY in principal funds, with large orders showing a buy of 1.59 billion CNY and a sell of 2.08 billion CNY [1] - The stock has been on the "Dragon and Tiger List" six times this year, with the most recent net buy of 523 million CNY on September 22 [1] Group 2: Company Overview - Chip Origin Microelectronics Co., Ltd. was established on August 21, 2001, and listed on August 18, 2020, focusing on semiconductor IP and chip customization services [2] - The revenue composition includes 41.85% from chip volume business, 28.81% from IP licensing fees, 23.83% from chip design, and 5.21% from royalties [2] - The company operates in the electronic-semiconductor-digital chip design sector and is involved in various concepts such as ISP, NPU, and digital currency [2] Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders has increased by 94.49% to 49,400, with an average of 10,144 circulating shares per person, down by 48.39% [2] - Hong Kong Central Clearing Limited is the sixth-largest shareholder with 12.70 million shares, marking a new entry [3] - The Huaxia SSE STAR 50 ETF and E Fund SSE STAR 50 ETF have reduced their holdings, while Noan Growth Mixed A has exited the top ten shareholders [3]

Core Viewpoint - The stock of Chip Original Co., Ltd. has experienced significant fluctuations, with a year-to-date increase of 184.05%, but a recent decline in the last five and twenty trading days, indicating potential volatility in investor sentiment and market conditions [1][2]. Group 1: Stock Performance - As of November 10, Chip Original's stock price was 148.93 CNY per share, with a market capitalization of 78.316 billion CNY [1]. - The stock has seen a decline of 5.05% over the last five trading days and 20.14% over the last twenty trading days, despite a 60.09% increase over the last sixty days [1]. - The company has appeared on the trading leaderboard six times this year, with the most recent net buy of 523 million CNY on September 22 [1]. Group 2: Financial Performance - For the period from January to September 2025, Chip Original reported a revenue of 2.255 billion CNY, reflecting a year-on-year growth of 36.64% [2]. - The company recorded a net profit attributable to shareholders of -347 million CNY, which is a year-on-year increase of 12.42% [2]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders increased by 94.49% to 49,400, while the average circulating shares per person decreased by 48.39% to 10,144 shares [2]. - Notable shareholders include Hong Kong Central Clearing Limited, which is a new entrant holding 12.6965 million shares, and various ETFs that have reduced their holdings [3].

Core Viewpoint - The stock of GoerTek Inc. has experienced fluctuations, with a recent decline of 2.01% and a year-to-date increase of 21.46%, indicating volatility in the market performance of the company [1]. Financial Performance - For the period from January to September 2025, GoerTek achieved a revenue of 68.107 billion yuan, representing a year-on-year decrease of 2.21%. However, the net profit attributable to shareholders increased by 10.33% to 2.587 billion yuan [2]. - Cumulatively, GoerTek has distributed 5.476 billion yuan in dividends since its A-share listing, with 2.227 billion yuan distributed over the past three years [3]. Stock Market Activity - As of November 5, GoerTek's stock price was 31.17 yuan per share, with a total market capitalization of 110.518 billion yuan. The trading volume was 9.32 billion yuan, with a turnover rate of 0.95% [1]. - The company has appeared on the "龙虎榜" (a list of stocks with significant trading activity) four times this year, with the most recent instance on October 10, where it recorded a net buy of -418 million yuan [1]. Shareholder Information - As of September 30, 2025, GoerTek had 319,000 shareholders, a decrease of 7.74% from the previous period. The average number of circulating shares per person increased by 10.02% to 9,813 shares [2]. - The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 102 million shares, which is a decrease of 4.1903 million shares from the previous period [3].

Core Viewpoint - Hengxuan Technology's stock has experienced a decline, with a current price of 231.70 CNY per share and a market capitalization of 39.086 billion CNY, reflecting a challenging trading environment [1]. Financial Performance - For the period from January to September 2025, Hengxuan Technology reported a revenue of 2.933 billion CNY, representing a year-on-year growth of 18.61%. The net profit attributable to shareholders was 502 million CNY, showing a significant increase of 73.50% compared to the previous year [2]. - The company has distributed a total of 315 million CNY in dividends since its A-share listing, with 254 million CNY distributed over the past three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders for Hengxuan Technology reached 20,600, an increase of 65.90% from the previous period. The average number of circulating shares per shareholder decreased by 15.46% to 8,165 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 4.6851 million shares, a decrease of 164,000 shares from the previous period. E Fund's SSE STAR 50 ETF increased its holdings by 771,000 shares to 4.2489 million shares, while Huaxia's SSE STAR 50 ETF decreased its holdings by 125,500 shares to 4.1570 million shares [3]. Stock Performance - Hengxuan Technology's stock price has seen a slight decline of 0.01% year-to-date, with a notable drop of 10.99% over the last five trading days and 22.12% over the last 20 days. However, there was a marginal increase of 0.07% over the last 60 days [1].

Core Viewpoint - Aiwai Electronics experienced a decline in stock price and significant net outflow of funds, despite a year-to-date increase in stock price. The company reported mixed financial results, with a decrease in revenue but a substantial increase in net profit [1][2]. Financial Performance - As of September 30, 2025, Aiwai Electronics achieved a revenue of 2.176 billion yuan, representing a year-on-year decrease of 8.02%. However, the net profit attributable to shareholders was 276 million yuan, showing a year-on-year increase of 54.98% [2]. - The company has distributed a total of 221 million yuan in dividends since its A-share listing, with 88.37 million yuan distributed over the past three years [3]. Stock Market Activity - On November 5, Aiwai Electronics' stock price fell by 2.02%, trading at 79.70 yuan per share, with a total market capitalization of 18.58 billion yuan. The stock has increased by 14.69% year-to-date but has seen a decline of 4.54% in the last five trading days and 13.77% in the last 20 days [1]. - The company has appeared on the "Dragon and Tiger List" once this year, with the most recent occurrence on August 20, where it recorded a net buy of -1.08 billion yuan [1]. Shareholder Information - As of September 30, 2025, Aiwai Electronics had 17,000 shareholders, an increase of 32.09% from the previous period. The average number of tradable shares per shareholder decreased by 24.29% to 7,967 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 5.0727 million shares, an increase of 1.976 million shares from the previous period [3].

Core Viewpoint - The stock of Chip Origin Co., Ltd. has experienced significant fluctuations, with a year-to-date increase of 186.15% but a recent decline of 10.58% over the past five trading days, indicating volatility in investor sentiment and market conditions [1][2]. Company Overview - Chip Origin Microelectronics (Shanghai) Co., Ltd. was established on August 21, 2001, and went public on August 18, 2020. The company specializes in providing platform-based, comprehensive, and one-stop chip customization services and semiconductor IP licensing services [2]. - The revenue composition of Chip Origin includes: 41.85% from chip volume business, 28.81% from IP licensing fees, 23.83% from chip design services, 5.21% from royalties, and 0.29% from other sources [2]. - The company is classified under the electronic-semiconductor-digital chip design sector and is associated with concepts such as ISP, NPU, Google, neural networks, and Baidu [2]. Financial Performance - For the period from January to September 2025, Chip Origin reported a revenue of 2.255 billion yuan, reflecting a year-on-year growth of 36.64%. However, the net profit attributable to shareholders was -347 million yuan, showing a year-on-year increase of 12.42% despite being negative [2]. Shareholder Information - As of September 30, 2025, the number of shareholders for Chip Origin reached 49,400, an increase of 94.49% from the previous period. The average number of circulating shares per shareholder decreased by 48.39% to 10,144 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the sixth largest with 12.6965 million shares, marking a new entry. The Huaxia SSE STAR 50 ETF (588000) is the seventh largest with 12.3814 million shares, down by 7.1746 million shares from the previous period [3].

Core Viewpoint - The stock of Chip Origin Co., Ltd. has experienced significant fluctuations, with a year-to-date increase of 192.62% but a recent decline of 9.75% over the past five trading days, indicating volatility in investor sentiment and market conditions [1]. Company Overview - Chip Origin Microelectronics (Shanghai) Co., Ltd. was established on August 21, 2001, and went public on August 18, 2020. The company specializes in providing platform-based, comprehensive, and one-stop chip customization services and semiconductor IP licensing services [2]. - The revenue composition of Chip Origin includes: 41.85% from chip volume business, 28.81% from intellectual property licensing fees, 23.83% from chip design services, 5.21% from royalties, and 0.29% from other sources [2]. - As of September 30, 2025, the company reported a revenue of 2.255 billion yuan, a year-on-year increase of 36.64%, while the net profit attributable to shareholders was -347 million yuan, reflecting a year-on-year growth of 12.42% [2]. Market Performance - As of November 4, the stock price of Chip Origin was 153.42 yuan per share, with a market capitalization of 80.677 billion yuan. The trading volume was 871 million yuan, with a turnover rate of 1.11% [1]. - The stock has appeared on the daily trading leaderboard six times this year, with the most recent instance on September 22, where it recorded a net purchase of 523 million yuan [1]. Shareholder Structure - As of September 30, 2025, the number of shareholders of Chip Origin increased by 94.49% to 49,400, while the average circulating shares per person decreased by 48.39% to 10,144 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the sixth largest with 12.6965 million shares, while Huaxia SSE STAR 50 ETF and E Fund SSE STAR 50 ETF have seen reductions in their holdings [3].