Company Overview - YunYong Technology Co., Ltd. is located in Taizhou, Jiangsu Province, established on March 12, 2010, and listed on July 10, 2020. The company focuses on the industrial internet sector, primarily engaged in the research, production, and sales of industrial information security products [1][2]. Stock Performance - As of October 16, YunYong Technology's stock price decreased by 2.06%, trading at 41.87 CNY per share, with a total market capitalization of 2.52 billion CNY. The stock has increased by 17.91% year-to-date, with a 1.53% decline over the last five trading days, a 0.65% increase over the last 20 days, and an 11.89% increase over the last 60 days [1]. Revenue and Profitability - For the first half of 2025, YunYong Technology reported a revenue of 130 million CNY, representing a year-on-year growth of 26.55%. However, the net profit attributable to shareholders was -8.86 million CNY, a significant decrease of 254.58% compared to the previous period [1]. Business Segmentation - The company's main revenue sources include: - Industrial security communication gateway devices (61.12%) - Industrial security situational awareness devices (18.99%) - Trusted products (13.06%) - Intelligent file cabinets and control products (6.83%) [1]. Shareholder Information - As of June 30, 2025, the number of shareholders increased by 5.72% to 4,993, while the average circulating shares per person decreased by 5.41% to 12,055 shares [1]. Dividend Distribution - Since its A-share listing, YunYong Technology has distributed a total of 38.04 million CNY in dividends, with no dividends paid in the last three years [2]. Institutional Holdings - As of June 30, 2025, Da Cheng Zhong Zheng 360 Internet + Index A (002236) has exited the list of the top ten circulating shareholders [2].

Core Points - The stock price of Weirgao has increased by 65.09% year-to-date, with a recent 2.52% rise over the last five trading days [2] - The company has a market capitalization of 7.725 billion yuan and reported a net inflow of 886,200 yuan from major funds [1] - Weirgao's main business involves the research, production, and sales of printed circuit boards, contributing 87.45% to its revenue [2] Financial Performance - For the first half of 2025, Weirgao achieved operating revenue of 715 million yuan, representing a year-on-year growth of 58.71%, and a net profit attributable to shareholders of 45.2025 million yuan, up 18.31% [2] - Since its A-share listing, Weirgao has distributed a total of 36.0786 million yuan in dividends [3] Shareholder Information - As of August 20, 2025, Weirgao had 18,600 shareholders, an increase of 13.93% from the previous period, with an average of 2,901 circulating shares per shareholder, down 12.22% [2] - The fourth largest circulating shareholder is Hong Kong Central Clearing Limited, holding 723,900 shares as a new shareholder [3]

Core Insights - The establishment of the "China Mobile 5G-A New Industrial Network Innovation Demonstration Zone" marks a new phase in the integration of 5G-A and artificial intelligence in the industrial sector [2][3][4] Group 1: Demonstration Zone Overview - The demonstration zone is a collaborative effort between China Mobile Group, Jiangsu Mobile, and partners like Huawei, focusing on creating a new industrial network centered on "5G-A × AI" [3] - It integrates technologies such as 5G-A inherent determinism and network-computing intelligence, aiming to provide services like universal connectivity, powerful computing, and precise AI for enterprises [3] Group 2: Industrial Applications and Projects - The initiative aims to optimize production lines, predictive maintenance, and intelligent scheduling, establishing a replicable model for new industrialization [3] - Jiangsu Mobile has participated in the construction of 51 new 5G factories, ranking first nationwide, with projects like the Zhongtian Steel project aiming to become a national-level intelligent factory with over 4,000 5G connections [3] - Suzhou Hengtong Optoelectronics is developing the industry's first wide-area simplified 5G LAN industrial interconnection application, recognized as a "lighthouse factory" [3] Group 3: Strategic Importance - The launch of the demonstration zone is a key initiative for promoting new industrialization through central-local collaboration, injecting new momentum into Jiangsu's "Intelligent Manufacturing Strong Province" strategy [4] - Jiangsu Mobile plans to continue leveraging the demonstration zone to enhance collaboration among industry players and gather new development momentum [4]

Core Viewpoint - The report emphasizes the importance of strategic emerging industries in driving high-quality development in manufacturing and industrialization, as outlined in the 20th National Congress of the Communist Party of China [1] Group 1: Strategic Emerging Industries - The report highlights significant achievements in the high-quality development of strategic emerging industries in China and discusses future development trends [1] - It aims to guide members of the united front, particularly representatives of the private economy, to grasp trends and seize development opportunities in strategic emerging industries [1] Group 2: Political and Economic Engagement - Members of the united front, including representatives of the private economy, are encouraged to enhance their political awareness and deepen their understanding of development trends [1] - The report calls for these members to provide precise and practical suggestions for the scientific decision-making of provincial authorities, contributing to the economic and social development of the province [1] Group 3: Innovation and Entrepreneurship - The meeting stresses the need for members to leverage their strengths, actively engage in innovation and entrepreneurship, and contribute to building a modern industrial system in Liaoning [1] - It emphasizes the importance of serving the overall situation and aligning with the central objectives of the province's revitalization and development efforts [1]

Core Viewpoint - Open cooperation is identified as a crucial pathway for the light industry to achieve new breakthroughs, emphasizing the importance of promoting light industry products, standards, and rules internationally to enhance its influence in the global industrial chain [1][4]. Group 1: Development Goals and Economic Impact - The Ministry of Industry and Information Technology, the Ministry of Commerce, and the State Administration for Market Regulation have jointly issued the "Light Industry Growth Stabilization Work Plan (2025-2026)", outlining key objectives for the light industry's development over the next two years [1]. - Light industry is vital for stabilizing the economy, enhancing industrial quality, and improving consumer welfare, with significant government support reflected in various policies aimed at boosting supply capacity and enhancing international competitiveness [1]. - In 2024, the light industry is projected to have 140,000 enterprises above designated size, achieving operating income of 23.2 trillion yuan and profits of 1.5 trillion yuan, while creating 17.92 million jobs [1]. Group 2: Challenges and Opportunities - The light industry faces deep-rooted challenges, including a high proportion of low-end product supply, insufficient high-quality products, weak innovation capabilities, and reliance on imports for key technologies [2]. - There is a need to accelerate innovation and enhance supply adaptability, particularly in key areas such as smart home products, elderly and infant goods, and sports fashion products, to meet evolving consumer demands [2]. Group 3: Standards and Quality Improvement - A comprehensive standard system covering the entire industrial chain is essential, with efforts to align with international standards and enhance product safety and reliability [3]. - The establishment of a quality grading system for consumer goods and green low-carbon standards is crucial for fostering a cycle of "high standards leading to high-quality development" [3]. Group 4: Brand Development and International Influence - Emphasizing brand building is critical, with a focus on integrating Chinese cultural elements into modern aesthetics to create a new image for domestic products [3]. - Support for leading enterprises to cultivate strong brands in niche markets is necessary to enhance the recognition and influence of Chinese brands in the global consumer market [3]. Group 5: Ecosystem and Policy Support - A stable and predictable environment for enterprise development is needed, supported by policies related to land, talent, and finance, alongside robust intellectual property protection [3]. - Encouraging the orderly transfer of traditional industries to the northeast and central-western regions can foster a coordinated and complementary development pattern [3]. Group 6: International Cooperation - Deepening international cooperation is essential for maintaining competitive advantages, with a focus on promoting light industry products and standards globally [4]. - Encouraging enterprises to participate in international exhibitions and develop new foreign trade models like cross-border e-commerce is vital for enhancing market expansion capabilities [4].

Core Viewpoint - The company, Nuwei CNC Equipment (Suzhou) Co., Ltd., specializes in the research, development, production, and sales of mid-to-high-end CNC machine tools, with a focus on humanoid robots and high-precision components [2][3][4]. Company Overview - Nuwei CNC is located in Suzhou, Jiangsu Province, and was established on April 29, 1997, with its stock listed on September 17, 2021 [8]. - The main business revenue composition includes: large machining centers (41.31%), vertical CNC machines (33.38%), horizontal CNC machines (22.68%), and other machines and accessories (2.14%) [8]. - The company has developed a series of CNC horizontal lathes specifically for the humanoid robot industry, featuring a 30-degree inclined bed structure and modular design to meet high-precision processing requirements [2]. Financial Performance - For the first half of 2025, Nuwei CNC achieved operating revenue of 1.278 billion yuan, representing a year-on-year growth of 9.99%, while the net profit attributable to the parent company was 130 million yuan, a decrease of 10.17% year-on-year [9]. - Since its A-share listing, the company has distributed a total of 604 million yuan in dividends, with 523 million yuan distributed in the last three years [10]. Market Activity - On October 15, the stock price of Nuwei CNC increased by 1.16%, with a trading volume of 54.33 million yuan and a turnover rate of 0.81%, bringing the total market capitalization to 6.764 billion yuan [1]. - The stock has seen a net inflow of 4.612 million yuan from major investors today, with the industry ranking at 48 out of 244 [5][6].

Core Viewpoint - The company, Siling Co., Ltd., is experiencing growth in its operations, particularly in the production of harmonic reducers and components for humanoid robots, benefiting from the depreciation of the RMB and its classification as a "specialized and innovative" small giant enterprise [2][3]. Company Overview - Siling Co., Ltd. is located in Zhejiang Province and was established on November 22, 2004. It was listed on September 15, 2023. The company specializes in the research, development, manufacturing, and sales of automotive bearings [7]. - The main revenue composition includes: 80.22% from braking system bearings, 12.78% from transmission system bearings, 5.27% from power system bearings, 0.94% from non-automotive bearings, and 0.79% from other sources [7]. Financial Performance - For the period from January to June 2025, the company achieved a revenue of 391 million yuan, representing a year-on-year growth of 8.75%. The net profit attributable to the parent company was 99.17 million yuan, with a year-on-year increase of 4.95% [7]. - As of June 30, 2025, the company had a total market capitalization of 17.837 billion yuan, with a trading volume of 745 million yuan and a turnover rate of 6.87% [1]. Market Position and Recognition - The company has been recognized as a "specialized and innovative" small giant enterprise, which is a prestigious title in China, indicating strong innovation capabilities and high market share in niche markets [3]. - The overseas revenue accounted for 68.37% of total revenue, benefiting from the depreciation of the RMB [3]. Shareholder and Institutional Holdings - As of June 30, 2025, the number of shareholders increased by 27.55% to 16,900, with an average of 5,756 circulating shares per person, up by 13.68% [7]. - The top ten circulating shareholders include notable funds, with significant increases in holdings for several institutions [8].

Core Viewpoint - Tongkun Co., Ltd. has shown a mixed performance in stock price and financial metrics, with a notable increase in stock price year-to-date but a decline in recent trading periods [1][2]. Financial Performance - As of June 30, 2025, Tongkun Co., Ltd. reported a revenue of 44.158 billion yuan, a year-on-year decrease of 8.41%, while the net profit attributable to shareholders was 1.097 billion yuan, reflecting a year-on-year increase of 2.93% [2]. - Cumulative cash dividends since the company's A-share listing amount to 3.203 billion yuan, with 341 million yuan distributed over the past three years [3]. Stock Market Activity - On October 15, 2023, the stock price of Tongkun Co., Ltd. increased by 2.01%, reaching 13.70 yuan per share, with a trading volume of 191 million yuan and a turnover rate of 0.59% [1]. - The company has experienced a year-to-date stock price increase of 17.08%, but has seen declines of 8.73% over the last five trading days and 7.49% over the last twenty days [1]. Shareholder Structure - As of June 30, 2025, the number of shareholders for Tongkun Co., Ltd. was 70,600, a decrease of 0.22% from the previous period, with an average of 33,944 circulating shares per shareholder, which increased by 0.22% [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 26.4554 million shares, a decrease of 7.3797 million shares from the previous period [3].

Core Viewpoint - Green Harmonic's stock has shown significant volatility, with a year-to-date increase of 44.96% but a recent decline of 13.43% over the past five trading days [1] Group 1: Stock Performance - As of October 15, Green Harmonic's stock price was 156.50 CNY per share, with a market capitalization of 28.691 billion CNY [1] - The stock has experienced a 25.80% increase over the past 60 days, despite a 3.69% decline over the last 20 days [1] - The company has appeared on the "Dragon and Tiger List" once this year, with the last occurrence on January 14 [1] Group 2: Financial Performance - For the first half of 2025, Green Harmonic reported revenue of 251 million CNY, a year-on-year increase of 45.82%, and a net profit of 53.416 million CNY, also up 45.87% year-on-year [2] - Cumulative cash dividends since the company's A-share listing amount to 194 million CNY, with 85.794 million CNY distributed over the past three years [3] Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders decreased by 11.24% to 20,800, while the average number of circulating shares per person increased by 12.67% to 8,115 shares [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited and Wan Jia You Xuan, with notable changes in their holdings [3]

工业和信息化部有关司局负责人参加会见。 les & FR 点击下载中国基金报客户端 来源：政事儿 ■ 中国基金报内容矩阵 ■ "工信微报"消息，10月15日，工业和信息化部部长李乐成在北京会见美国苹果公司首席执行 官蒂姆·库克，双方就苹果公司在华业务发展、加强电子信息领域合作等议题进行交流。部总 工程师钟志红参加会见。 李乐成表示，中国超大规模市场和完备的产业体系，蕴含着巨大投资和消费潜力。中国将坚 定不移推进高水平对外开放，大力推进"智能产业化"和"产业智能化"，为包括苹果公司在内 的外资企业进一步营造良好营商环境。希望苹果公司继续深耕中国市场，积极参与中国新型 工业化进程，与中国产业链上下游企业协同创新发展。 库克感谢工业和信息化部对苹果公司在华发展的支持，表示将继续加大在华投资，进一步提 高对华合作层次和水平，实现互利共赢发展。 巅峰对话 投资热点说 ETF风向标 IPO情报站 fe o 1 ■ a a - 444 and 4 4 CHINAFUND CHINAFUND CHINAFUND CHINAFUND 开盘速递 港股日报 全球早班车 数说人物 √ � [ 8 a 4 a g a d 4 4 4 ...