Core Viewpoint - The stock of Wangzi New Materials experienced significant volatility, with a sharp rise followed by a decrease, amid news of major shareholder Wang Jinjun's plan to reduce his holdings due to personal financial needs [2][4]. Group 1: Stock Performance - On May 21, Wangzi New Materials' stock initially surged to the daily limit but closed with a gain of only 2.69%, with a total trading volume of 2.675 billion yuan and a turnover rate of 62.73% [2]. - Since April 9, the stock price has doubled, indicating strong market interest and speculation [5]. - The stock experienced three consecutive daily limit increases from May 15 to May 20, with a total increase of 33% over these three days [6]. Group 2: Shareholder Actions - Wang Jinjun announced plans to reduce his holdings by up to 1.146 million shares, which is approximately 3% of the total share capital, through both centralized bidding and block trading [4]. - The initial reduction on May 21 involved less than one-third of the planned shares [4]. Group 3: Business Operations - Wangzi New Materials is involved in the "controlled nuclear fusion" concept through its subsidiary, Ningbo Xinrong Electric Technology Co., which provides energy storage capacitors, although this segment contributes less than 3% to the overall revenue [5][6]. - The company has secured contracts for energy storage products related to a project in Hefei, which is progressing normally, with deliveries already underway [6]. Group 4: Market Sentiment - On May 21, significant selling was observed from retail investors, with the top two selling seats accounting for over 170 million yuan in sales [7][12]. - The same retail investors had previously been net buyers, indicating a shift in market sentiment [12].

可控核聚变关键金属 铍行业深度报告 周期/金属及材料 证券研究报告 | 行业深度报告 2025 年 05 月 21 日 推荐（维持） 行业指数 % 1m 6m 12m 绝对表现 7.1 4.5 12.5 相对表现 3.7 6.7 6.9 资料来源：公司数据、招商证券 -30 -20 -10 0 10 20 30 May/24 Sep/24 Dec/24 Apr/25 (%) 金属及材料 沪深300 相关报告 1、《金属行业周报—钨价持续创新 高，稀土有望开启涨价》2025-05-18 2、《钨行业点评—钨配额减量，钨 价持续上涨》2025-05-12 3、《可控核聚变行业点评报告—自 主可控且有显著增量预期，行业进入 发展关键期》2025-05-12 | 刘伟洁 | S1090519040002 | | --- | --- | | | liuweijie@cmschina.com.cn | | 赖如川 | S1090523060003 | | | lairuchuan@cmschina.com.cn | 重点公司主要财务指标 | 公司简称 | 公司代码 | 市值 | 24EPS | 25EPS | 25PE ...

Group 1 - Wangzi New Materials (002735.SZ) announced that its subsidiary, Ningbo Xinrong Electric Technology Co., Ltd., provides energy storage capacitors, which account for less than 3% of the company's total revenue for 2024, indicating no significant impact on performance in the short term [1] - Wangzi New Materials' controlling shareholder, Wang Jinjun, sold 1.11 million shares, representing 0.29% of the total share capital, as part of a planned reduction of up to 11.46 million shares, or approximately 3% of total share capital [1] - The stock price of Wangzi New Materials has doubled since its recent low of 7.51 CNY per share on April 9, with a closing price of 15.67 CNY per share today, reflecting a 2.69% increase [1] Group 2 - Langsha Co., Ltd. (600137.SH) issued a risk warning, stating that its fundamentals have not changed and its valuation is significantly higher than the industry average, indicating potential speculative risks [2] - The controlling shareholder of Langsha, Langsha Holdings Group Co., Ltd., has a high pledge ratio, with 63.28% of its shares (27 million out of 42.66 million shares) pledged [2] - Langsha also reported that its shareholder, Tibet Jiulang Technology Co., Ltd., sold 972,200 shares for 2.1855 million CNY, reducing its holding to 15.84% [4]

Key Points - Vanke A has signed a supplementary agreement with Shenzhen Metro Group for a loan of up to 4.2 billion yuan, with a pledge of up to 6 billion yuan in shares of its subsidiary, Wanwu Cloud [3] - Heng Rui Pharmaceutical has set the final price for its H-share issuance at 44.05 HKD per share, with plans to list on the Hong Kong Stock Exchange on May 23, 2025 [4] - Wan Dong Medical has elected Ma Chibing as the new chairman after Hu Ziqiang resigned from the position [5] - Tianqi Mould has confirmed that there are no undisclosed significant matters amid ongoing major asset restructuring [6] - Zhejiang Rongtai plans to invest 20 million yuan to establish a wholly-owned subsidiary focused on intelligent robotics [7] - ST Mingcheng intends to publicly transfer 45% of its subsidiary, Time Media, which will no longer be included in the consolidated financial statements [8] - Shanghai Xiba plans to purchase patent assets for 2 million yuan and 500,000 yuan, and establish subsidiaries to promote the commercialization of new technologies [9] - Jushen Co. has received a total of 95.7 million yuan in dividends from its six wholly-owned subsidiaries [10] - ST Asia Pacific has confirmed no undisclosed significant matters or ongoing major plans [11] - Tianrong Tianyu's controlling shareholder's agreement will not be renewed after its expiration [12] - Wangzi New Materials has stated that its energy storage capacitor business is minimal and will not significantly impact its performance [13] - Nanjing Port has clarified that its foreign trade container business does not have direct routes to the U.S. [14] - Jinlongyu has indicated that its solid-state battery business has not yet formed stable long-term revenue [15] - Tianzhihang's subsidiary plans to raise capital by introducing investors [16] - State Grid Information plans to acquire 100% of Yili Technology for 1.853 billion yuan, enhancing its revenue and profit [17] - ST Nongsang will remove its delisting risk warning starting May 23 [18] - Yipin Hong has stated that its innovative drug AR882 has not yet been launched and will not significantly impact recent performance [19] - Huanrui Century has announced a performance compensation plan requiring original shareholders to compensate 116 million shares [20] - Huaren Health plans to acquire stakes in three pharmaceutical chain companies for a total of 3.282 billion yuan [21][22] - Hongming Co. is planning to acquire 83% of Shenzhen Chisu for 1.51 billion yuan [23] - Aishida intends to acquire an additional 7% stake in its subsidiary Qianjiang Robot for 13.09 million yuan [24] - Dasheng Intelligent has signed a contract worth 11.5 million yuan for a high-efficiency machine room project [25] - Jinggu Co. has received a notice to supply wheels for a major global automaker, with expected sales of approximately 158 million USD over ten years [26] - Pingzhi Information has signed a framework agreement with China Mobile for antenna products worth up to 13.01 million yuan [27] - Shanghai Laishi's controlling shareholder plans to increase its stake by 250 million to 500 million yuan [28] - Qixia Construction's shareholder plans to reduce its stake by up to 3% [29] - Sichuan Gold's major shareholders plan to reduce their stakes by up to 5.5% [30] - Qingyun Technology's shareholders plan to reduce their stakes by up to 4.5% [31] - Rhein Biological's directors plan to reduce their stakes by up to 0.14% [32] - Qingmu Technology's shareholder plans to reduce its stake by up to 3% [33] - Sanrenxing's employee shareholding platform plans to reduce its stake by up to 3% [34][35] - Juzhi Technology's director plans to reduce his stake by up to 40,000 shares [36] - Jingwang Electronics' major shareholders plan to reduce their stakes by up to 2.99% [37] - Jujiao Co. plans to reduce its stake by up to 2.6% [38] - Xiyu Tourism's major shareholder plans to reduce its stake by up to 3% [39]

Group 1 - Heng Rui Medicine has set the final price for its H-share issuance at HKD 44.05 per share, with expected listing on May 23, 2025 [1] - Vanke A has signed a borrowing contract with Shenzhen Metro Group for RMB 4.2 billion, using up to RMB 6 billion of Wanwu Cloud stock as collateral [2] - Longqi Technology plans to issue H-shares and list on the Hong Kong Stock Exchange to enhance capital strength and international competitiveness [3] Group 2 - Shanghai Laishi's controlling shareholder, Haiyingkang, plans to increase its stake in the company by investing between RMB 250 million and RMB 500 million [4] - Wangzi New Materials' controlling shareholder sold 1.11 million shares, accounting for 0.29% of the total share capital, amid the "controlled nuclear fusion" concept [5] - Huashi Technology's actual controller, Ye Jianbiao, has had his detention extended by three months, but the company's operations remain normal [6] Group 3 - Sichuan Gold's major shareholders plan to reduce their stakes by 2.5% and 3% respectively, citing personal funding needs [7] - Naxinwei has set the inquiry transfer price at RMB 163.15 per share, with full subscription from institutional investors [8] - Zhejiang Rongtai plans to invest RMB 20 million to establish a wholly-owned subsidiary focused on robotics [9] Group 4 - Kingood Co. has received a notification from a global leading automaker for a wheel product project in the U.S., with an estimated sales amount of approximately USD 158 million over five years [10] - Shanghai Xiba plans to purchase patents for hydrogen-electric hybrid power systems and solid-state lithium-ion battery technology, investing a total of RMB 25 million [11] - Nocare Biopharma's application for the market approval of Tafasitamab for treating relapsed/refractory DLBCL has been approved, marking a significant milestone in the market [12]

证券代码：873169 证券简称：七丰精工 公告编号：2025-041 七丰精工科技股份有限公司 投资者关系活动记录表 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假 记载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承 担个别及连带法律责任。 一、 投资者关系活动类别 □特定对象调研 √业绩说明会 □媒体采访 □现场参观 □新闻发布会 □分析师会议 □路演活动 □其他 二、 投资者关系活动情况 活动时间：2025 年 5 月 20 日 活动地点：全景网"投资者关系互动平台"（https://ir.p5w.net） 参会单位及人员：通过网络方式参加公司 2024 年年度报告业绩说明会的投 资者 上市公司接待人员：公司董事长、总经理：陈跃忠先生；公司董事：张帆先 生；公司董事会秘书：朱晓琴女士 三、 投资者关系活动主要内容 本次业绩说明会通过年报视频解读等形式对公司情况及 2024 年度经营业 绩情况进行了介绍。同时，公司就投资者在本次说明会中提出的问题进行了回 复，主要问题及回复如下： 问题 1、公司在新型材料、智能制造等领域的研发进展如何？未来是否有 计划推出更具创新性的产品？ ...

Group 1 - The company, Wangzi New Materials (002735), has announced that its stock price has deviated significantly, with a cumulative increase of over 20% in closing prices over three consecutive trading days, indicating abnormal trading activity [1] - The company has noted the rising interest in the "controlled nuclear fusion" concept; however, the products related to energy storage capacitors and support capacitors from its subsidiary, Ningbo Xinrong Electric Technology Co., Ltd., represent a small portion of the overall business and will not have a significant impact on the company's performance in the short term [1] - The company's controlling shareholder and actual controller, Wang Jinjun, sold 1.11 million shares of the company through centralized bidding on May 21, 2025, which accounts for 0.29% of the total share capital as of the announcement date [1] Group 2 - The company has confirmed that there are no significant undisclosed matters that need to be reported [1]

Core Viewpoint - Wangzi New Materials (002735.SZ) announced that its controlling shareholder and actual controller, Wang Jinjun, sold 1.11 million shares of the company on May 21, 2025, which represents 0.29% of the total share capital as of the announcement date [1] Group 1 - The company has noted the "controlled nuclear fusion" hot concept and has conducted self-examination regarding its business operations [1] - The company's subsidiary, Ningbo Xinrong, provides energy storage capacitors and support capacitors, which play a role in storing and quickly releasing energy to ensure stable power output [1] - The products from the subsidiary account for a small portion of the company's overall business, with contract amounts not exceeding 3% of the audited total revenue for the fiscal year 2024 [1]

智通财经5月21日电，可控核聚变概念股午后展开反弹，王子新材上演"地天板"，保变电气、东方坦 业、久立特材、百利电气、国光电气等跟涨。 可控核聚变概念股局部反弹 王子新材午后上演"地天板" ...

华夏时报（www.chinatimes.net.cn）记者 胡雅文 北京报道 截至5月20日，王子新材已连续收到3个涨停板，3日涨幅达33%。东方财富可控核聚变指数（BK1163） 显示，王子新材已连涨5天，本月涨幅61.65%，成为这一波上涨中的可控核聚变概念龙头。 4月9日以来，可控核聚变指数已经出现几波集中上涨行情，这一概念从4月9日开始明显走高，已经从 1189.1涨至1453，总体上涨22.19%。这与大盘趋势一致，但涨幅更高。同期，沪指从3145.55涨至 3380.48，涨幅7.47%。深证成指从9424.68涨至10249.17，涨幅8.75%。 可控核聚变概念成分股中，常辅股份以56.1%的本月涨幅排在第二。并且自2025年开年以来，常辅股份 的涨幅已高达184.04%。 目前来看，核聚变对业绩的影响仍然有限。从主营业务来看，王子新材的收入大头为电子产品塑料包 装，常辅股份则是阀门驱动装置。常辅股份在回复投资者时表示，已为国际科研合作项目"国际热核聚 变实验堆（ITER）"提供相关产品，由于目前核聚变技术尚未实现商业应用，相关产品对公司的业绩影 响较小。 王子新材方告诉记者，"薄膜电容是一种 ...