Core Viewpoint - The stock of Airport Holdings has shown a mixed performance in recent trading, with a year-to-date increase of 21.95% but a recent decline over the past five days [1][2]. Group 1: Stock Performance - As of November 14, Airport Holdings' stock price increased by 2.02% to 12.11 CNY per share, with a trading volume of 22.775 million CNY and a turnover rate of 0.63%, resulting in a total market capitalization of 3.633 billion CNY [1]. - Year-to-date, the stock has risen by 21.95%, with a recent five-day decline of 3.12%, a 20-day increase of 8.22%, and a 60-day increase of 6.70% [1]. - The company has appeared on the trading leaderboard six times this year, with the most recent appearance on June 19, where it recorded a net purchase of 20.306 million CNY [1]. Group 2: Financial Performance - For the period from January to September 2025, Airport Holdings reported a revenue of 344 million CNY, reflecting a year-on-year growth of 46.80%. However, the net profit attributable to shareholders was -63.655 million CNY, a decrease of 5.36% compared to the previous year [2]. - The company's main business revenue composition includes: heating services (37.37%), construction (31.65%), leasing (21.16%), property management and others (8.48%), and other supplementary services (1.34%) [1]. Group 3: Shareholder Information - As of September 30, the number of shareholders for Airport Holdings was 14,200, a decrease of 36.26% from the previous period, while the average circulating shares per person increased by 56.89% to 21,101 shares [2]. Group 4: Dividend Information - Since its A-share listing, Airport Holdings has distributed a total of 291 million CNY in dividends, with no dividends paid out in the last three years [3].

Core Viewpoint - The stock of Shouke Co., Ltd. has shown significant volatility, with a year-to-date increase of 129.28%, but has recently experienced a slight decline in the past few trading days [2][3]. Group 1: Stock Performance - As of November 14, Shouke's stock price rose by 2.03% to 6.03 CNY per share, with a trading volume of 1.34 billion CNY and a turnover rate of 0.88%, resulting in a total market capitalization of 155.55 billion CNY [1]. - The stock has seen a 2.11% decline over the last five trading days, but a 3.79% increase over the last 20 days, and a remarkable 123.33% increase over the last 60 days [2]. - Shouke has appeared on the trading leaderboard 18 times this year, with the most recent appearance on November 12, where it recorded a net purchase of 1.22 billion CNY [2]. Group 2: Financial Performance - For the period from January to September 2025, Shouke reported a revenue of 231.86 billion CNY, reflecting a year-on-year growth of 60.31%, while the net profit attributable to shareholders was -31.05 billion CNY, showing a year-on-year increase of 27.51% [3]. - The company has distributed a total of 89.70 billion CNY in dividends since its A-share listing, with 2.58 billion CNY distributed over the past three years [4]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Shouke reached 194,300, an increase of 382.93% from the previous period, while the average number of circulating shares per shareholder decreased by 79.29% to 13,279 shares [3]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the eighth largest with 28.68 million shares, and Southern CSI Real Estate ETF is the ninth largest with 16.24 million shares, both being new shareholders [4].

Core Viewpoint - Tianjin Jinbin Development Co., Ltd. has experienced a stock price increase of 11.21% year-to-date, with significant recent gains, indicating positive market sentiment despite a substantial decline in revenue and profit [2]. Group 1: Stock Performance - As of November 13, the stock price rose by 2.02% to 2.53 CNY per share, with a trading volume of 79.1 million CNY and a turnover rate of 1.97%, resulting in a total market capitalization of 4.092 billion CNY [1]. - The stock has increased by 4.55% over the last five trading days, 10.48% over the last 20 days, and 2.43% over the last 60 days [2]. Group 2: Financial Performance - For the period from January to September 2025, the company reported a revenue of 307 million CNY, a year-on-year decrease of 81.42%, and a net profit attributable to shareholders of 18.2 million CNY, down 95.10% year-on-year [2]. - Cumulative cash dividends since the company's A-share listing amount to 484 million CNY, with 154 million CNY distributed over the past three years [3]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders decreased by 4.60% to 82,000, with an average of 19,733 circulating shares per shareholder, an increase of 4.82% [2]. - The fourth largest circulating shareholder is the Southern CSI Real Estate ETF, holding 16.34 million shares, which is a decrease of 148,500 shares compared to the previous period [3].

Core Points - Shougang Co., Ltd. experienced a stock price increase of 2.02% on November 13, reaching 4.54 CNY per share, with a total market capitalization of 35.208 billion CNY [1] - The company reported a year-to-date stock price increase of 49.93%, with a 2.71% rise over the last five trading days and an 8.87% increase over the last 20 and 60 days [1] - As of September 30, 2025, Shougang Co., Ltd. had 91,800 shareholders, an increase of 9.59% from the previous period, with an average of 70,890 circulating shares per shareholder, down 8.75% [2] Financial Performance - For the period from January to September 2025, Shougang Co., Ltd. achieved an operating revenue of 77.234 billion CNY, a year-on-year decrease of 5.78%, while the net profit attributable to shareholders increased by 368.13% to 0.953 billion CNY [2] - The company has distributed a total of 8.221 billion CNY in dividends since its A-share listing, with 0.405 billion CNY distributed in the last three years [3] Shareholding Structure - As of September 30, 2025, the largest circulating shareholder was Hong Kong Central Clearing Limited, holding 46.314 million shares, a decrease of 7.2993 million shares from the previous period [3] - The Southern CSI 500 ETF and Guotai CSI Steel ETF were among the top ten circulating shareholders, with holdings of 22.6255 million shares and 15.5295 million shares, respectively [3] Business Overview - Shougang Co., Ltd. is primarily engaged in the production and sales of electrical steel and steel products, with revenue composition as follows: cold-rolled products (41.42%), hot-rolled products (39.28%), and soft magnetic materials (15.10%) [1] - The company operates within the steel industry, specifically in the sub-sector of general steel and sheet products, and is associated with concepts such as solar energy, carbon neutrality, and the Xiong'an New Area [1]

Core Viewpoint - Bohai Leasing's stock price has shown fluctuations with a recent increase, while the company faces challenges in profitability despite significant revenue growth [1][2]. Financial Performance - As of September 30, 2025, Bohai Leasing reported a revenue of 40.284 billion yuan, marking a year-on-year increase of 60.58%. However, the net profit attributable to shareholders was -1.372 billion yuan, a decrease of 186.31% compared to the previous year [2]. - The company's stock price has decreased by 0.80% year-to-date, but it has increased by 3.60% over the last five trading days, 9.36% over the last 20 days, and 6.86% over the last 60 days [2]. Shareholder Information - As of September 30, 2025, the number of shareholders decreased by 18.11% to 99,800, while the average circulating shares per person increased by 22.11% to 54,026 shares [2]. - Bohai Leasing has distributed a total of 1.136 billion yuan in dividends since its A-share listing, with no dividends paid in the last three years [3]. Institutional Holdings - Among the top ten circulating shareholders, GF Multi-Factor Mixed Fund is the seventh largest with 119 million shares, indicating a new entry. Hong Kong Central Clearing Limited is the ninth largest, holding 94.3035 million shares, a decrease of 7.9635 million shares from the previous period [3].

资料显示，华夏幸福基业股份有限公司位于北京市朝阳区东三环北路霞光里18号佳程广场A座23层，成 立日期1993年5月28日，上市日期2003年12月30日，公司主营业务涉及对房地产、工业园区及基础设施 建设投资;房地产中介服务;提供施工设备服务;企业管理咨询;生物医药研发,科技技术推广、服务。主营 业务收入构成为：房地产开发29.37%，物业管理服务22.96%，产业招租服务14.61%，其他(补 充)11.06%，产业园运营6.89%，土地整理6.83%，基础设施建设5.38%，酒店及学校运营1.69%，综合服 务1.22%。 华夏幸福所属申万行业为：房地产-房地产开发-产业地产。所属概念板块包括：小盘、体育产业、京津 冀、低价、通用航空等。 截至9月30日，华夏幸福股东户数16.70万，较上期减少6.22%；人均流通股23316股，较上期增加 6.63%。2025年1月-9月，华夏幸福实现营业收入38.82亿元，同比减少72.09%；归母净利润-98.29亿元， 同比减少338.67%。 11月11日，华夏幸福盘中上涨2.24%，截至13:54，报2.28元/股，成交2.82亿元，换手率3.23%，总市值 ...

Core Viewpoint - The stock of Shoukai Co., Ltd. has experienced a significant increase of 111.41% year-to-date, but has recently seen a decline of 9.89% over the last five trading days, indicating volatility in its performance [1]. Financial Performance - For the period from January to September 2025, Shoukai Co., Ltd. achieved a revenue of 23.186 billion yuan, representing a year-on-year growth of 60.31%. However, the company reported a net profit attributable to shareholders of -3.105 billion yuan, which is an increase of 27.51% compared to the previous year [2]. - The company has cumulatively distributed 8.970 billion yuan in dividends since its A-share listing, with 258 million yuan distributed over the last three years [3]. Stock Market Activity - As of November 11, the stock price of Shoukai Co., Ltd. was 5.56 yuan per share, with a market capitalization of 14.342 billion yuan. The stock has seen a trading volume of 400 million yuan and a turnover rate of 2.75% [1]. - The company has appeared on the "龙虎榜" (a list of stocks with significant trading activity) 17 times this year, with the most recent appearance on October 29, where it recorded a net buy of -226 million yuan [1]. Shareholder Information - As of September 30, 2025, the number of shareholders for Shoukai Co., Ltd. reached 194,300, an increase of 382.93% from the previous period. The average number of circulating shares per shareholder decreased by 79.29% to 13,279 shares [2]. - Notable new shareholders include Hong Kong Central Clearing Limited and Southern CSI Real Estate ETF, holding 28.6766 million shares and 16.2445 million shares, respectively [3].

Core Viewpoint - Baichuan Energy's stock has shown significant volatility, with a year-to-date increase of 42.11%, but a recent decline of 3.73% over the past five trading days [1][2]. Group 1: Stock Performance - As of November 11, Baichuan Energy's stock price was 4.64 CNY per share, with a market capitalization of 6.222 billion CNY [1]. - The stock has experienced a trading volume of 56.3873 million CNY, with a turnover rate of 0.92% [1]. - Year-to-date, the stock has risen by 42.11%, with a 3.73% decline in the last five trading days, a 16.29% increase over the last 20 days, and a 27.47% increase over the last 60 days [1]. Group 2: Financial Performance - For the period from January to September 2025, Baichuan Energy reported a revenue of 3.688 billion CNY, reflecting a year-on-year growth of 5.80% [2]. - The net profit attributable to the parent company for the same period was 189 million CNY, representing a year-on-year increase of 9.82% [2]. Group 3: Shareholder Information - As of September 30, Baichuan Energy had 29,600 shareholders, a decrease of 6.25% from the previous period [2]. - The average number of circulating shares per shareholder increased by 6.67% to 45,233 shares [2]. Group 4: Dividend Information - Baichuan Energy has distributed a total of 3.850 billion CNY in dividends since its A-share listing, with 1.012 billion CNY distributed over the past three years [3].

机构持仓方面，截止2025年9月30日，华夏幸福十大流通股东中，南方中证房地产ETF发起联接A （004642）位居第六大流通股东，持股3455.58万股，相比上期减少41.31万股。香港中央结算有限公司 位居第七大流通股东，持股3196.12万股，相比上期减少883.82万股。 资料显示，华夏幸福基业股份有限公司位于北京市朝阳区东三环北路霞光里18号佳程广场A座23层，成 立日期1993年5月28日，上市日期2003年12月30日，公司主营业务涉及对房地产、工业园区及基础设施 建设投资;房地产中介服务;提供施工设备服务;企业管理咨询;生物医药研发,科技技术推广、服务。主营 业务收入构成为：房地产开发29.37%，物业管理服务22.96%，产业招租服务14.61%，其他(补 充)11.06%，产业园运营6.89%，土地整理6.83%，基础设施建设5.38%，酒店及学校运营1.69%，综合服 务1.22%。 华夏幸福所属申万行业为：房地产-房地产开发-产业地产。所属概念板块包括：体育产业、小盘、京津 冀、智慧城市、股权转让等。 截至9月30日，华夏幸福股东户数16.70万，较上期减少6.22%；人均流通股233 ...

Core Viewpoint - Rongsheng Development's stock has shown a modest increase in price, with a notable trading volume and significant net inflow of funds, indicating investor interest despite recent financial challenges [1][2]. Company Overview - Rongsheng Development, established on December 30, 1996, and listed on August 8, 2007, is primarily engaged in real estate development and sales, with its revenue composition being 87.71% from real estate, 7.99% from property services, 1.98% from hotel operations, 1.56% from industrial parks, and 0.75% from other sectors [1][2]. Financial Performance - For the period from January to September 2025, Rongsheng Development reported a revenue of 20.389 billion yuan, a year-on-year decrease of 29.31%, and a net profit attributable to shareholders of -3.098 billion yuan, reflecting a significant decline of 117.44% [2]. - The company has not distributed any dividends in the past three years, with a total payout of 11.837 billion yuan since its A-share listing [3]. Shareholder Information - As of September 30, 2025, the number of shareholders increased to 144,600, up by 12.64%, while the average circulating shares per person decreased by 11.22% to 27,046 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 56.5081 million shares, an increase of 28.0768 million shares compared to the previous period [3].