Core Viewpoint - The stock of Nanji Guang fell by 2.09% on November 11, with a current price of 25.78 CNY per share, reflecting a market capitalization of 5.74 billion CNY and a trading volume of 44.58 million CNY [1] Company Overview - Nanji Guang, established on January 4, 2009, and listed on February 3, 2021, is located in Shenzhen, Guangdong Province. The company specializes 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 operates within the electronic industry, specifically in the optical optoelectronics and LED sectors, and is associated with concepts such as Xiaomi, smartphones, consumer electronics, MLED, and LED [2] Financial Performance - For the period from January to September 2025, Nanji Guang reported a revenue of 615 million CNY, representing a year-on-year growth of 158.18%. The net profit attributable to the parent company reached 110 million CNY, showing a significant increase of 7228.28% [2] - Since its A-share listing, Nanji Guang has distributed a total of 27.36 million CNY in dividends, with no dividends paid in the last three years [3] Shareholder Information - As of October 20, 2025, the number of shareholders for Nanji Guang was 15,200, a slight decrease of 0.05% from the previous period. The average number of circulating shares per person increased by 0.05% to 10,365 shares [2] - Notably, as of September 30, 2025, Huazhang Small and Medium Growth Mixed Fund (040007) has exited the list of the top ten circulating shareholders [3]

Core Viewpoint - Sanjia Technology's stock price has shown fluctuations, with a recent increase of 2.01% despite an overall decline of 11.80% this year, indicating potential volatility in the market [1][2]. Company Overview - Sanjia Technology, established on April 28, 2000, and listed on January 8, 2002, is located in Tongling City, Anhui Province. The company specializes in the design, manufacturing, and sales of semiconductor packaging and testing equipment, molds, presses, chip packaging robot integration systems, and precision spare parts [2]. - The revenue composition of Sanjia Technology includes 75.69% from the semiconductor packaging molds and equipment sector, 14.89% from other sources, and 9.42% from plastic special-shaped molds [2]. Financial Performance - For the period from January to September 2025, Sanjia Technology reported a revenue of 238 million yuan, reflecting a year-on-year growth of 1.60%. However, the net profit attributable to shareholders was 5.06 million yuan, showing a significant decline of 71.67% compared to the previous year [2]. - The company has cumulatively distributed 11.93 million yuan in dividends since its A-share listing, with no dividends distributed in the past three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders for Sanjia Technology was 41,700, a decrease of 18.73% from the previous period. The average number of circulating shares per shareholder increased by 23.05% to 3,798 shares [2]. - Among the top ten circulating shareholders, the Guotai Zhongzheng Semiconductor Materials and Equipment Theme ETF ranks as the third largest, holding 1.3653 million shares, an increase of 785,500 shares from the previous period [3].

Core Viewpoint - Sanan Optoelectronics has shown a mixed performance in stock price and financial results, with a notable increase in revenue but a significant decline in net profit [1][2]. Financial Performance - As of September 30, 2025, Sanan Optoelectronics achieved a revenue of 13.82 billion yuan, representing a year-on-year growth of 16.55% [2]. - The net profit attributable to shareholders for the same period was 88.61 million yuan, reflecting a year-on-year decrease of 64.15% [2]. - The company has distributed a total of 7 billion yuan in dividends since its A-share listing, with 486 million yuan distributed over the past three years [3]. Stock Market Activity - On November 7, the stock price of Sanan Optoelectronics increased by 2.05%, reaching 13.97 yuan per share, with a trading volume of 500 million yuan and a turnover rate of 0.73% [1]. - The stock has seen a year-to-date increase of 14.97%, a slight increase of 0.72% over the last five trading days, a decline of 9.29% over the last 20 days, and a rise of 9.40% over the last 60 days [1]. Shareholder Information - The number of shareholders as of September 30, 2025, was 379,600, an increase of 8.15% from the previous period, while the average number of circulating shares per person decreased by 7.53% to 13,141 shares [2]. - Hong Kong Central Clearing Limited is the seventh largest circulating shareholder, having newly acquired 97.78 million shares [3]. Business Overview - Sanan Optoelectronics, established on March 27, 1993, and listed on May 28, 1996, is based in Xiamen, Fujian Province, and specializes in the research, production, and sales of compound semiconductor materials and devices [1]. - The company's revenue composition includes 35.96% from material and waste sales, 30.88% from LED epitaxial chips, 16.68% from integrated circuit products, 15.92% from LED application products, and 0.56% from rental, property, and services [1].

Company Overview - Rongda Photoelectric Technology Co., Ltd. is located in Shenzhen, Guangdong Province, and was established on June 25, 1996. The company was listed on December 20, 2016. Its main business involves the research, production, and sales of electronic chemicals, including PCB photoresists, display photoresists, semiconductor photoresists, and specialty inks [1][2]. Financial Performance - As of the first nine months of 2025, Rongda Photoelectric achieved operating revenue of 783 million yuan, representing a year-on-year growth of 14.02%. However, the net profit attributable to shareholders decreased by 6.02% to approximately 98.91 million yuan [2]. - The company has distributed a total of 118 million yuan in dividends since its A-share listing, with 56.61 million yuan distributed over the past three years [3]. Stock Performance - On November 6, the stock price of Rongda Photoelectric increased by 2.01%, reaching 36.97 yuan per share, with a trading volume of 116 million yuan and a turnover rate of 1.36%. The total market capitalization is approximately 13.545 billion yuan [1]. - Year-to-date, the stock price has decreased by 1.61%, with a 0.74% increase over the last five trading days, a 6.85% decrease over the last 20 days, and a 2.32% decrease over the last 60 days [1]. Shareholder Information - As of October 31, the number of shareholders of Rongda Photoelectric was 52,200, a slight decrease of 0.02% from the previous period. The average number of circulating shares per person increased by 0.02% to 4,458 shares [2]. - As of September 30, 2025, Hong Kong Central Clearing Limited was the eighth largest circulating shareholder, holding 3.1701 million shares, an increase of 1.5674 million shares from the previous period. The Southern CSI 1000 ETF has exited the list of the top ten circulating shareholders [3]. Industry Context - Rongda Photoelectric operates within the electronic chemicals sector, specifically in the sub-industry of electronic chemicals. The company is associated with concepts such as photolithography machines, photoresists, LED, specialized and innovative enterprises, and OLED [1].

Core Viewpoint - Mingzhi Electric has shown a mixed performance in stock price and financial metrics, with a notable increase in revenue and net profit year-on-year, while facing recent stock price declines [1][2]. Financial Performance - For the period from January to September 2025, Mingzhi Electric achieved a revenue of 2.043 billion yuan, representing a year-on-year growth of 11.66% [2]. - The net profit attributable to the parent company was 49.84 million yuan, reflecting a year-on-year increase of 5.43% [2]. - The company has distributed a total of 170 million yuan in dividends since its A-share listing, with 56.26 million yuan distributed over the past three years [3]. Stock Market Activity - As of November 6, the stock price of Mingzhi Electric rose by 2.07% to 69.57 yuan per share, with a trading volume of 146 million yuan and a turnover rate of 0.51%, leading to a total market capitalization of 29.142 billion yuan [1]. - Year-to-date, the stock price has increased by 28.89%, but it has seen a decline of 2.82% over the last five trading days and 15.45% over the last 20 days [1]. Shareholder Information - As of September 30, the number of shareholders increased by 16.10% to 63,300, while the average circulating shares per person decreased by 13.87% to 6,613 shares [2]. - Notable institutional shareholders include the E Fund National Robot Industry ETF and the Huaxia CSI Robot ETF, with significant holdings and recent increases in shares [3].

Core Viewpoint - Mulinson's stock price has shown fluctuations with a slight increase of 1.96% year-to-date, but a decrease in recent trading days, reflecting mixed market sentiment and performance [1][2]. Group 1: Stock Performance - On November 5, Mulinson's stock rose by 2.20%, reaching 8.84 CNY per share, with a trading volume of 1.07 billion CNY and a turnover rate of 1.15%, resulting in a total market capitalization of 131.20 billion CNY [1]. - Year-to-date, Mulinson's stock price has increased by 1.96%, but it has decreased by 1.67% over the last five trading days and 3.18% over the last twenty days [1]. Group 2: Financial Performance - For the period from January to September 2025, Mulinson reported a revenue of 12.178 billion CNY, a slight decrease of 0.10% year-on-year, and a net profit attributable to shareholders of 209 million CNY, down 42.36% year-on-year [2]. - Since its A-share listing, Mulinson has distributed a total of 2.466 billion CNY in dividends, with 1.259 billion CNY distributed over the last three years [3]. Group 3: Shareholder Information - As of September 30, 2025, Mulinson had 49,900 shareholders, a decrease of 5.03% from the previous period, with an average of 21,337 circulating shares per shareholder, an increase of 5.30% [2]. - The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 81.3921 million shares, an increase of 11.6746 million shares from the previous period [3].

Core Viewpoint - The stock of ChipSource Micro has shown a significant increase of 49.26% year-to-date, despite a recent decline of 16.34% over the past 20 days, indicating volatility in its performance [2]. Company Overview - ChipSource Micro Electronics Co., Ltd. was established on December 17, 2002, and went public on December 16, 2019. The company specializes in the research, production, and sales of semiconductor equipment [2]. - The company's main revenue sources include photoresist coating and developing equipment (59.86%), single-wafer wet processing equipment (36.76%), and other equipment (2.51% and 0.86%) [2]. Financial Performance - For the period from January to September 2025, ChipSource Micro reported a revenue of 990 million yuan, a year-on-year decrease of 10.35%. The net profit attributable to shareholders was -10.05 million yuan, reflecting a significant decline of 109.34% [2]. - Since its A-share listing, the company has distributed a total of 139 million yuan in dividends, with 86.89 million yuan distributed over the past three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders increased by 15.37% to 16,000, while the average circulating shares per person decreased by 13.17% to 12,633 shares [2]. - The top ten circulating shareholders include notable funds such as Noan Growth Mixed A and Harvest SSE STAR Chip ETF, with some funds reducing their holdings [3].

Core Viewpoint - Shanghai Beiling's stock has experienced a significant decline in recent months, with a year-to-date drop of 16.40% and a 5-day decline of 5.49% [1] Financial Performance - For the period from January to September 2025, Shanghai Beiling reported revenue of 2.213 billion yuan, representing a year-on-year growth of 18.32%. However, the net profit attributable to shareholders decreased by 14.38% to 204 million yuan [2] - Cumulative cash dividends since the company's A-share listing amount to 1.23 billion yuan, with 334 million yuan distributed over the past three years [3] Shareholder Structure - As of September 30, 2025, the number of shareholders decreased by 6.61% to 226,000, while the average circulating shares per person increased by 7.08% to 3,136 shares [2] - The top circulating shareholders include Hong Kong Central Clearing Limited, which increased its holdings by 3.6023 million shares, and Southern CSI 500 ETF, which reduced its holdings by 147,000 shares [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].

Company Overview - Kema Technology Co., Ltd. is located in Suzhou, Jiangsu Province, and was established on April 27, 2009. The company specializes in the research, manufacturing, sales, and services of advanced ceramic materials and surface treatment services for semiconductor equipment [1]. - The main business revenue composition includes 91.74% from sales of advanced ceramic components, 7.20% from surface treatment services, 0.57% from other services, and 0.49% from sales of metal structural components [1]. Financial Performance - As of October 10, Kema Technology reported a total of 27,200 shareholders, a decrease of 1.64% from the previous period. The average circulating shares per person increased by 1.66% to 5,398 shares [2]. - For the period from January to September 2025, Kema Technology achieved operating revenue of 794 million yuan, representing a year-on-year growth of 28.86%. The net profit attributable to the parent company was 245 million yuan, reflecting a year-on-year increase of 8.29% [2]. Stock Performance - On November 4, Kema Technology's stock price fell by 2.01%, trading at 52.22 yuan per share with a transaction volume of 150 million yuan and a turnover rate of 1.94%. The total market capitalization stood at 22.768 billion yuan [1]. - Year-to-date, the stock price has declined by 11.28%, with a drop of 8.45% over the last five trading days, 10.90% over the last 20 days, and 3.33% over the last 60 days [1]. Shareholder and Dividend Information - Kema Technology has distributed a total of 87.2 million yuan in dividends since its A-share listing [3]. - As of September 30, 2025, several institutional investors exited the top ten circulating shareholders, including various ETFs and mutual funds [3].