Core Viewpoint - New Dairy Industry's stock price has shown fluctuations, with a year-to-date increase of 19.02% and recent declines in the short term [1][2] Group 1: Stock Performance - On November 6, New Dairy's stock price decreased by 2.03%, trading at 16.93 CNY per share, with a total market capitalization of 14.571 billion CNY [1] - Year-to-date, the stock has risen by 19.02%, but has seen a decline of 0.47% over the last five trading days, 0.88% over the last twenty days, and 0.35% over the last sixty days [1] - The company has appeared on the "龙虎榜" once this year, with the most recent occurrence on April 10, where it recorded a net purchase of 67.0816 million CNY [1] Group 2: Financial Performance - For the period from January to September 2025, New Dairy achieved a revenue of 8.434 billion CNY, reflecting a year-on-year growth of 3.49%, and a net profit attributable to shareholders of 623 million CNY, up 31.48% year-on-year [2] - Since its A-share listing, the company has distributed a total of 676 million CNY in dividends, with 448 million CNY distributed over the past three years [3] Group 3: Shareholder Information - As of October 31, New Dairy had 16,300 shareholders, a decrease of 1.42% from the previous period, with an average of 52,197 circulating shares per shareholder, an increase of 1.44% [2] - The top ten circulating shareholders include notable funds, with the third-largest being 中欧价值智选混合A, holding 7.9837 million shares, an increase of 2.0809 million shares from the previous period [3]

Core Insights - The stock price of Jiajiayue increased by 2.26% on November 6, reaching 11.30 CNY per share, with a total market capitalization of 7.213 billion CNY [1] - Year-to-date, Jiajiayue's stock price has risen by 1.35%, with notable increases of 5.12% over the last five trading days and 12.55% over the last 20 days [2] Financial Performance - For the period from January to September 2025, Jiajiayue reported a revenue of 13.588 billion CNY, a year-on-year decrease of 3.81%, while the net profit attributable to shareholders increased by 9.43% to 206 million CNY [2] - Cumulative cash dividends since the A-share listing amount to 1.587 billion CNY, with 402 million CNY distributed over the last three years [3] Shareholder Information - As of September 30, 2025, the number of shareholders decreased by 10.62% to 21,800, with an average of 29,305 circulating shares per person, an increase of 11.89% [2] - The top ten circulating shareholders include Huaxia Large Cap Select Mixed Fund, which holds 3.7126 million shares, down by 2.1379 million shares from the previous period [3]

Core Viewpoint - Ximai Food's stock price has shown significant growth this year, with a year-to-date increase of 39.31% and a recent surge in trading activity, indicating strong market interest and potential investment opportunities [2]. Company Overview - Ximai Food, established on August 1, 2001, and listed on June 19, 2019, is located in the High-tech Development Zone of Guilin, Guangxi Zhuang Autonomous Region. The company specializes in the research, production, and sales of oat-based food products [2]. - The main revenue composition includes: composite oat flakes (48.38%), pure oat flakes (36.62%), cold oat products (7.52%), and other products (4.04%) [2]. Financial Performance - For the period from January to September 2025, Ximai Food achieved a revenue of 1.696 billion yuan, representing a year-on-year growth of 18.34%. The net profit attributable to the parent company was 132 million yuan, with a year-on-year increase of 21.90% [2]. - Since its A-share listing, Ximai Food has distributed a total of 470 million yuan in dividends, with 222 million yuan distributed over the past three years [3]. Shareholder Information - As of October 31, 2025, the number of shareholders for Ximai Food was 12,800, a decrease of 10.56% from the previous period. The average circulating shares per person increased by 11.81% to 17,412 shares [2]. - Notable institutional holdings include Baodao Huitai Preferred Mixed A (016840) as the fifth largest circulating shareholder with 4.204 million shares, an increase of 602,600 shares from the previous period [3].

Core Viewpoint - The stock price of Xiangpiaopiao has shown fluctuations, with a recent increase of 2.66%, while the company has faced a year-to-date decline of 13.93% in stock price [1][2]. Financial Performance - For the period from January to September 2025, Xiangpiaopiao reported a revenue of 1.684 billion yuan, representing a year-on-year decrease of 13.12%. The net profit attributable to shareholders was -89.21 million yuan, a significant decline of 603.07% compared to the previous year [2]. - The company has cumulatively distributed 757 million yuan in dividends since its A-share listing, with 313 million yuan distributed over the last three years [3]. Stock Market Activity - As of November 5, the stock price was 13.90 yuan per share, with a total market capitalization of 5.739 billion yuan. The trading volume reached 75.26 million yuan, with a turnover rate of 1.33% [1]. - In the recent trading activity, there was a net inflow of 949,700 yuan from main funds, with large orders accounting for 11.60% of total purchases and 10.34% of total sales [1]. Shareholder Information - As of September 30, 2025, the number of shareholders decreased by 12.23% to 20,500, while the average circulating shares per person increased by 13.93% to 20,158 shares [2]. - The latest data indicates that Hong Kong Central Clearing Limited has exited the list of the top ten circulating shareholders [3].

Core Viewpoint - Lakala's stock price has experienced a decline recently, with a year-to-date increase of 34.05% but a drop of 5.92% in the last five trading days [1] Company Overview - Lakala Payment Co., Ltd. is based in Beijing and was established on January 6, 2005, with its IPO on April 25, 2019. The company primarily provides payment services to small and micro enterprises and personal payment services, with 100% of its revenue coming from payment business [1][2] - As of September 30, 2025, Lakala had 104,400 shareholders, a decrease of 26.11% from the previous period, with an average of 7,038 circulating shares per shareholder, an increase of 35.37% [2] Financial Performance - For the period from January to September 2025, Lakala reported operating revenue of 4.07 billion yuan, a year-on-year decrease of 7.33%, and a net profit attributable to shareholders of 339 million yuan, down 33.90% year-on-year [2] - Since its A-share listing, Lakala has distributed a total of 2.615 billion yuan in dividends, with 1.035 billion yuan distributed over the past three years [3] Shareholder Structure - As of September 30, 2025, the fourth largest circulating shareholder is Huabao Zhongzheng Financial Technology Theme ETF, holding 9.2318 million shares, an increase of 4.4612 million shares from the previous period. The sixth largest is Hong Kong Central Clearing Limited, holding 7.4764 million shares, an increase of 1.8367 million shares [3]

Core Insights - Anjiu Food's stock price increased by 2.00% on November 5, reaching 75.30 CNY per share, with a total market capitalization of 25.097 billion CNY [1] Company Overview - Anjiu Food Group Co., Ltd. is based in Xiamen, Fujian Province, China, and was established on December 24, 2001, with its listing date on February 22, 2017 [2] - The company specializes in the research, production, and sales of frozen foods, including products like fish tofu, fish balls, and various frozen dishes [2] - The revenue composition of Anjiu Food includes 49.43% from frozen prepared foods, 31.77% from frozen dishes, 16.32% from frozen noodle and rice products, and 2.38% from agricultural products and others [2] Financial Performance - As of September 30, the number of shareholders increased by 78.56% to 63,200, while the average circulating shares per person decreased by 43.98% to 4,641 shares [3] - For the period from January to September 2025, Anjiu Food reported a revenue of 11.371 billion CNY, reflecting a year-on-year growth of 2.66%, while the net profit attributable to shareholders decreased by 9.35% to 949 million CNY [3] Dividend and Shareholding - Anjiu Food has distributed a total of 3.219 billion CNY in dividends since its A-share listing, with 2.521 billion CNY distributed over the past three years [4] - As of September 30, 2025, the largest circulating shareholder is Hong Kong Central Clearing Limited, holding 5.401 million shares, a decrease of 6.5391 million shares from the previous period [4]

Core Viewpoint - The stock of Bubugao has shown a significant increase of 34.94% year-to-date, despite recent fluctuations in the short term, indicating potential investor interest and market volatility [1][2]. Group 1: Stock Performance - As of November 5, Bubugao's stock price rose by 2.11% to 5.33 CNY per share, with a trading volume of 2.75 billion CNY and a market capitalization of 143.31 billion CNY [1]. - Year-to-date, the stock has experienced a 34.94% increase, with a slight decline of 0.56% over the last five trading days and a 6.82% drop over the last 20 days [1]. - The stock has appeared on the "龙虎榜" (top trading list) 10 times this year, with the most recent appearance on September 9, where it recorded a net buy of -51.15 million CNY [1]. Group 2: Financial Performance - For the period from January to September 2025, Bubugao reported a revenue of 3.201 billion CNY, reflecting a year-on-year growth of 26.45%, while the net profit attributable to shareholders decreased by 88.83% to 226 million CNY [2]. - The company has cumulatively distributed 1.677 billion CNY in dividends since its A-share listing, with no dividends paid in the last three years [3]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders increased to 172,500, marking a 95% rise, while the average circulating shares per person decreased by 27.06% to 12,476 shares [2]. - The top ten circulating shareholders saw a change, with Hong Kong Central Clearing Limited exiting the list [3].

Core Viewpoint - Ximai Food's stock price has shown a significant increase of 32.17% year-to-date, indicating strong market performance and investor interest [2]. Financial Performance - For the period from January to September 2025, Ximai Food achieved a revenue of 1.696 billion yuan, representing a year-on-year growth of 18.34% [2]. - The net profit attributable to the parent company for the same period was 132 million yuan, reflecting a year-on-year increase of 21.90% [2]. Stock Market Activity - On November 4, Ximai Food's stock price decreased by 2.01%, trading at 21.48 yuan per share with a total market capitalization of 4.795 billion yuan [1]. - The stock experienced a trading volume of 40.616 million yuan, with a turnover rate of 0.84% [1]. - The net inflow of main funds was 1.696 million yuan, with large orders accounting for 13.52% of purchases and 9.35% of sales [1]. Shareholder Information - As of October 20, 2025, the number of shareholders for Ximai Food was 14,300, a decrease of 2.23% from the previous period [2]. - The average circulating shares per person increased by 2.28% to 15,573 shares [2]. - The company has distributed a total of 470 million yuan in dividends since its A-share listing, with 222 million yuan distributed over the past three years [3]. Company Overview - Ximai Food, established on August 1, 2001, and listed on June 19, 2019, specializes in the research, production, and sales of oat-based food products [2]. - The main revenue composition includes compound oatmeal (48.38%), pure oatmeal (36.62%), cold oatmeal (7.52%), and other products (4.04%) [2]. - The company operates within the food and beverage industry, specifically in the leisure food and baking sectors [2].

Company Overview - Pinwo Food Co., Ltd. is located at No. 652, Changshou Road, Putuo District, Shanghai, established on September 9, 1997, and listed on September 24, 2020. The company focuses on the development, import, and sales of food products by collaborating with overseas suppliers [1][2]. Financial Performance - For the period from January to September 2025, Pinwo Food achieved a revenue of 589 million yuan, a year-on-year decrease of 7.69%. However, the net profit attributable to the parent company was 12.15 million yuan, reflecting a significant year-on-year increase of 312.18% [2]. - Since its A-share listing, the company has distributed a total of 55.90 million yuan in dividends, with 9.90 million yuan distributed over the past three years [3]. Stock Performance - As of November 4, the stock price of Pinwo Food decreased by 2.00%, trading at 33.76 yuan per share, with a market capitalization of 3.376 billion yuan. The stock has seen a year-to-date increase of 5.83%, but a decline of 2.88% over the last five trading days [1]. - The company has appeared on the "Dragon and Tiger List" twice this year, with the most recent instance on April 21, where it recorded a net purchase of 534.798 million yuan [1]. Shareholder Information - As of September 30, the number of shareholders for Pinwo Food was 13,600, a decrease of 10.59% from the previous period. The average circulating shares per person increased by 11.85% to 4,739 shares [2]. Business Segmentation - The main business revenue composition of Pinwo Food includes dairy products at 82.92%, beer at 16.72%, and other products at 0.37% [1]. - The company operates within the food and beverage industry, specifically in the beverage and dairy sector, and is associated with concepts such as community group buying, new retail, domestic dairy, multiple births, and beer [2].

Core Viewpoint - The stock of Ruoyuchen has experienced significant fluctuations, with a year-to-date increase of 175.92% but a recent decline of 9.27% over the past five trading days, indicating volatility in investor sentiment and market performance [2]. Company Overview - Ruoyuchen Technology Co., Ltd. was established on May 10, 2011, and went public on September 25, 2020. The company is based in Guangzhou, China, and operates in online agency services, channel distribution, and brand planning [2]. - The company's revenue composition includes 45.75% from proprietary brands, 28.83% from agency operations, and 25.42% from brand management services [2]. - As of September 30, 2025, the company reported a total revenue of 2.138 billion yuan, reflecting a year-on-year growth of 85.30%, and a net profit attributable to shareholders of 105 million yuan, up 81.57% year-on-year [2]. Stock Performance - As of November 4, the stock price of Ruoyuchen was 38.37 yuan per share, with a market capitalization of 11.935 billion yuan. The stock has seen a trading volume of 31.1772 million yuan and a turnover rate of 0.36% [1]. - The stock has been on the "Dragon and Tiger List" three times this year, with the most recent appearance on June 4 [2]. Shareholder Information - As of September 30, 2025, the number of shareholders decreased by 16.13% to 22,800, while the average circulating shares per person increased by 61.32% to 9,928 shares [2]. - The top ten circulating shareholders include significant institutional investors, with notable increases in holdings from several funds, indicating growing institutional interest [3].