Core Viewpoint - Zhejiang Longsheng's stock price has shown a positive trend, with a year-to-date increase of 14.02%, indicating strong market performance despite some fluctuations in trading volume and net capital outflow [1][2]. Company Overview - Zhejiang Longsheng Group Co., Ltd. is located in Shaoxing, Zhejiang Province, and was established on March 23, 1998. It was listed on August 1, 2003. The company specializes in dyes, intermediates, water-reducing agents, and inorganic chemical products such as soda ash and synthetic ammonia [1]. - The revenue composition of the company includes: Dyes 55.83%, Intermediates 23.14%, Additives 7.33%, Inorganic Products 5.08%, Real Estate 3.48%, Other Businesses 1.88%, Auto Parts 1.23%, Color Standards and Sustainable Development Solutions 1.22%, and Other (Supplementary) 0.81% [1]. Financial Performance - For the period from January to September 2025, Zhejiang Longsheng reported a revenue of 9.671 billion yuan, a year-on-year decrease of 8.85%. However, the net profit attributable to shareholders increased by 3.23% to 1.397 billion yuan [2]. - The company has distributed a total of 11.145 billion yuan in dividends since its A-share listing, with 3.717 billion yuan distributed over the past three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders for Zhejiang Longsheng was 109,100, a decrease of 8.04% from the previous period. The average circulating shares per person increased by 8.75% to 29,815 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 198 million shares, a decrease of 27.3368 million shares from the previous period. New shareholders include Penghua CSI Sub-Segment Chemical Industry Theme ETF and Southern CSI 500 ETF [3].

Core Points - Annochi's stock price decreased by 2.03% on November 12, trading at 4.82 CNY per share with a market capitalization of 5.564 billion CNY [1] - The company has experienced a year-to-date stock price decline of 21.75%, with a recent 5-day increase of 0.42% and a 20-day increase of 5.47% [1] - Annochi's main business involves the research, production, and sales of new textile dyes, with revenue contributions from disperse dyes (58.65%), computing services (23.62%), and reactive dyes (8.57%) [1] Financial Performance - For the period from January to September 2025, Annochi reported a revenue of 773 million CNY, reflecting a year-on-year growth of 3.78%, while the net profit attributable to shareholders was -36.9424 million CNY, a decrease of 400.98% [2] - Cumulative cash dividends since A-share listing amount to 345 million CNY, with 57.7187 million CNY distributed over the past three years [3] Shareholder Information - As of October 31, 2025, Annochi had 49,800 shareholders, a decrease of 1.01% from the previous period, with an average of 18,816 circulating shares per shareholder, an increase of 1.02% [2] - Hong Kong Central Clearing Limited is the seventh largest circulating shareholder, holding 3.4811 million shares, an increase of 1.3128 million shares from the previous period [3]

Core Viewpoint - The stock of Sankeshu has shown significant performance with a year-to-date increase of 53.74%, reflecting strong market interest and financial growth [1][2]. Financial Performance - For the period from January to September 2025, Sankeshu achieved a revenue of 9.392 billion yuan, representing a year-on-year growth of 2.69% [2]. - The net profit attributable to shareholders for the same period was 744 million yuan, marking a substantial increase of 81.22% year-on-year [2]. Stock Market Activity - As of November 12, the stock price of Sankeshu was 46.43 yuan per share, with a market capitalization of 34.257 billion yuan [1]. - The stock experienced a trading volume of 44.7135 million yuan, with a turnover rate of 0.13% [1]. - The stock has seen a recent net inflow of 1.5026 million yuan from main funds, indicating positive investor sentiment [1]. Shareholder Information - As of September 30, the number of shareholders for Sankeshu increased to 14,200, with an average of 51,849 circulating shares per shareholder, a decrease of 0.50% [2][3]. - The top ten circulating shareholders include significant institutional investors, with Hong Kong Central Clearing Limited being the third-largest shareholder, holding 19.3144 million shares [3]. Dividend Distribution - Since its A-share listing, Sankeshu has distributed a total of 733 million yuan in dividends, with 253 million yuan distributed over the past three years [3].

Core Viewpoint - Zhaoxin Co., Ltd. has shown significant stock price growth this year, with a notable increase in trading activity and positive financial performance indicators [1][2][3]. Stock Performance - Zhaoxin's stock price has increased by 46.43% year-to-date, with a 13.89% rise in the last five trading days, 15.67% in the last 20 days, and 59.05% over the last 60 days [2]. - The stock reached a price of 3.69 CNY per share, with a market capitalization of 7.358 billion CNY [1]. Trading Activity - As of November 12, the net inflow of main funds was 9.3692 million CNY, with large orders accounting for 21.53% of total buying and 20.03% of total selling [1]. - Zhaoxin has appeared on the "Dragon and Tiger List" four times this year, with the most recent net purchase of 41.2747 million CNY on September 5 [2]. Financial Performance - For the period from January to September 2025, Zhaoxin reported revenue of 322 million CNY, reflecting a year-on-year growth of 34.45%, and a net profit attributable to shareholders of 4.9078 million CNY, up 105.50% year-on-year [3]. - The company has distributed a total of 310 million CNY in dividends since its A-share listing, with no dividends paid in the last three years [4]. Shareholder Information - As of October 31, the number of shareholders increased to 122,100, with an average of 15,981 circulating shares per person, a slight decrease of 0.82% [3]. - The top ten circulating shareholders saw a change, with one major fund exiting the list as of September 30, 2025 [4]. Business Overview - Zhaoxin Co., Ltd. specializes in the development, production, and sales of aerosol products, with its main revenue sources being fine chemical products (45.85%), photovoltaic power generation (26.14%), photovoltaic construction (23.74%), and new chemical materials (4.27%) [2]. - The company operates within the public utility sector, specifically in the electricity and photovoltaic power generation industry [2].

Core Points - The stock price of Yuzhong Sanxia A has decreased by 2.03% to 8.67 CNY per share as of November 12, with a market capitalization of 3.759 billion CNY [1] - Year-to-date, Yuzhong Sanxia A's stock price has increased by 60.70%, with a recent 4.46% rise over the last five trading days [2] - The company has reported a revenue of 287 million CNY for the first nine months of 2025, reflecting a year-on-year growth of 7.07% [2] Financial Performance - As of September 30, 2025, Yuzhong Sanxia A's net profit attributable to shareholders was 16.4916 million CNY, showing a year-on-year increase of 9.69% [2] - The company has distributed a total of 184 million CNY in dividends since its listing, with 19.5116 million CNY distributed over the last three years [3] Shareholder Information - The number of shareholders for Yuzhong Sanxia A as of September 30, 2025, is 53,500, a decrease of 22.91% from the previous period [2] - New institutional shareholders include Bodao Jiuhang Mixed A and Bodao Chengzhang Zhihang Stock A, holding 1.2686 million shares and 928,300 shares respectively [3]

Core Points - The stock price of Baihehua increased by 2.23% on November 11, reaching 16.94 CNY per share, with a trading volume of 282 million CNY and a turnover rate of 4.15% [1] - Baihehua's stock has risen 85.14% year-to-date, but has seen a decline of 12.64% over the last five trading days [2] - The company has been listed on the Longhu list five times this year, with the most recent occurrence on November 5, where it recorded a net buy of -1.7464 million CNY [2] Company Overview - Baihehua Group Co., Ltd. is located in Hangzhou, Zhejiang Province, and was established on August 11, 1995, with its listing date on December 20, 2016 [2] - The company's main business involves the research, production, sales, and service of organic pigments, intermediates, and pearlescent pigments, with revenue composition being 89.33% from pigments, 9.60% from intermediates, and 1.06% from others [2] - Baihehua belongs to the Shenwan industry classification of basic chemicals - chemical products - coatings and inks, and is associated with concepts such as small-cap, lithium batteries, dyes and coatings, share buybacks, and sodium batteries [2] Financial Performance - As of September 30, 2025, Baihehua reported a revenue of 1.638 billion CNY, a year-on-year decrease of 8.58%, and a net profit attributable to shareholders of 135 million CNY, down 5.84% year-on-year [2] - The company has distributed a total of 563 million CNY in dividends since its A-share listing, with 191 million CNY distributed over the last three years [3] - As of September 30, 2025, the number of shareholders decreased by 24.69% to 18,800, while the average circulating shares per person increased by 32.78% to 21,813 shares [2]

Core Insights - The stock price of Sanke Tree increased by 2.01% on November 10, reaching 43.66 CNY per share, with a total market capitalization of 32.213 billion CNY [1] - Year-to-date, the stock has risen by 44.57%, but has seen a decline of 1.02% over the last five trading days and 8.83% over the last 20 days [1] - For the first nine months of 2025, Sanke Tree reported a revenue of 9.392 billion CNY, a year-on-year increase of 2.69%, and a net profit of 744 million CNY, up 81.22% year-on-year [2] Financial Performance - The company has distributed a total of 733 million CNY in dividends since its A-share listing, with 253 million CNY distributed in the last three years [3] - As of September 30, 2025, the number of shareholders increased to 14,200, with an average of 51,849 circulating shares per shareholder, a decrease of 0.50% [2] Shareholder Structure - The third-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 19.3144 million shares, an increase of 5.9453 million shares from the previous period [3] - New shareholder, Penghua Zhongzheng Segmented Chemical Industry Theme ETF, holds 4.4417 million shares, ranking as the seventh-largest circulating shareholder [3]

Core Viewpoint - The stock of Runtu Co., Ltd. has shown a positive trend with a year-to-date increase of 17.46% and a recent uptick of 5.33% over the last five trading days, indicating strong market interest and performance in the textile dyeing and chemical raw materials sector [1]. Financial Performance - For the period from January to September 2025, Runtu Co., Ltd. achieved a revenue of 4.163 billion yuan, reflecting a year-on-year growth of 2.25%. The net profit attributable to shareholders was 225 million yuan, marking a significant increase of 49.10% compared to the previous year [2]. - Cumulatively, since its A-share listing, the company has distributed a total of 4.445 billion yuan in dividends, with 614 million yuan distributed over the past three years [3]. Shareholder Information - As of October 20, 2025, the number of shareholders for Runtu Co., Ltd. reached 38,200, an increase of 0.70% from the previous period. The average number of circulating shares per shareholder decreased by 0.70% to 24,791 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is noted as a new entrant, holding 11.4486 million shares [3]. Market Activity - On November 7, 2025, Runtu Co., Ltd.'s stock price rose by 2.12%, reaching 7.71 yuan per share, with a trading volume of 106 million yuan and a turnover rate of 1.47%. The total market capitalization stood at 8.666 billion yuan [1]. - The net inflow of main funds was 3.514 million yuan, with significant buying activity from large orders, indicating robust investor interest [1]. Business Overview - Runtu Co., Ltd., established on May 14, 1998, and listed on July 6, 2010, specializes in the research, production, and sales of textile dyes, dyeing auxiliaries, and chemical raw materials. The revenue composition includes 66.31% from dyes, 22.77% from other chemical raw materials, 7.48% from other sources, and 3.44% from auxiliaries [1]. - The company is classified under the Shenwan industry as part of the basic chemicals sector, specifically in chemical products related to textile chemicals [1].

Core Viewpoint - Jihua Group's stock price has shown a significant increase this year, with a year-to-date rise of 34.19% and a recent uptick of 2.49% in the last 20 days, despite a slight decline over the past 60 days [1][2]. Financial Performance - For the period from January to September 2025, Jihua Group reported a revenue of 1.056 billion yuan, reflecting a year-on-year decrease of 8.87%. The net profit attributable to shareholders was 14.44 million yuan, down 88.74% year-on-year [2]. - The company has distributed a total of 1.036 billion yuan in dividends since its A-share listing, with 151 million yuan distributed over the past three years [3]. Stock Market Activity - As of November 7, Jihua Group's stock was trading at 5.77 yuan per share, with a market capitalization of 3.905 billion yuan. The stock experienced a net inflow of 8.14 million yuan from main funds, with significant buying activity noted [1]. - The company has appeared on the "Dragon and Tiger List" three times this year, with the most recent instance on June 24, where it recorded a net purchase of 21.78 million yuan [1]. Company Overview - Jihua Group, established on August 15, 2003, and listed on June 15, 2017, is located in Hangzhou, Zhejiang Province. The company specializes in the research, production, and sales of dyes, dye intermediates, and other chemical products [1]. - The revenue composition of Jihua Group includes 86.97% from dyes and intermediates, 6.24% from polymer materials, 5.42% from polyurethane foam, and 1.37% from other sources [1].

Group 1 - The core stock price of Longbai Group increased by 2.01% on November 7, reaching 18.26 CNY per share, with a total market capitalization of 43.574 billion CNY [1] - Year-to-date, Longbai Group's stock price has risen by 6.33%, but it has seen a decline of 0.81% over the last five trading days and a 10.09% drop over the last 20 days [2] - The company reported a revenue of 19.451 billion CNY for the period from January to September 2025, a year-on-year decrease of 6.87%, and a net profit attributable to shareholders of 1.674 billion CNY, down 34.68% year-on-year [2] Group 2 - Longbai Group's main business includes the production and sales of titanium dioxide, zirconium products, and aluminum sulfate, with titanium dioxide accounting for 64.99% of its main revenue [2] - The company has distributed a total of 19.387 billion CNY in dividends since its A-share listing, with 5.958 billion CNY distributed over the last three years [3] - As of September 30, 2025, the top ten circulating shareholders of Longbai Group include Hong Kong Central Clearing Limited, which holds 39.6965 million shares, a decrease of 1.3365 million shares from the previous period [3]