Core Viewpoint - The stock of Hillstone Networks has shown a significant increase in price and trading activity, reflecting positive market sentiment towards the company's performance and growth potential in the cybersecurity sector [1][2]. Financial Performance - As of September 30, 2023, Hillstone Networks reported a revenue of 719 million yuan, representing a year-on-year growth of 1.91% [2]. - The company recorded a net profit attributable to shareholders of -72.84 million yuan, which is an increase of 4.89% year-on-year, indicating improved performance despite a negative profit [2]. Stock Performance - Hillstone Networks' stock price increased by 27.87% year-to-date, with a recent 10.60% rise over the last five trading days [1]. - The stock is currently priced at 19.82 yuan per share, with a market capitalization of 3.572 billion yuan [1]. Shareholder Information - The number of shareholders increased by 10.67% to 7,642 as of September 30, 2023, while the average number of circulating shares per person decreased by 9.64% to 23,584 shares [2]. Business Overview - Hillstone Networks, established on July 20, 2011, specializes in innovative technologies in the cybersecurity field, offering a range of products and services including boundary security, cloud security, data security, and internal network security [1]. - The revenue composition of the company includes 75.09% from boundary security products, 18.93% from other security products, 5.09% from cloud security products, and 0.88% from other supplementary services [1]. Dividend Information - Since its A-share listing, Hillstone Networks has distributed a total of 51.0032 million yuan in dividends, with no dividends paid in the last three years [3].

Core Viewpoint - The stock of Shenzhen Sanda Industrial Co., Ltd. (深桑达A) has shown fluctuations in trading activity, with a notable increase in price and trading volume recently, despite a significant decline in revenue and profit year-on-year [1][2]. Group 1: Stock Performance - On November 28, 深桑达A's stock rose by 2.04%, reaching a price of 19.97 yuan per share, with a trading volume of 208 million yuan and a turnover rate of 0.97%, resulting in a total market capitalization of 22.725 billion yuan [1]. - Year-to-date, 深桑达A's stock price has increased by 13.98%, with a 6.62% rise over the last five trading days, a 3.62% decline over the last 20 days, and a 28.50% drop over the last 60 days [1]. - The stock has appeared on the "龙虎榜" (a stock trading list) six times this year, with the most recent appearance on August 1, where it recorded a net buy of 193 million yuan [1]. Group 2: Company Overview - 深桑达A, established on December 4, 1993, and listed on October 28, 1993, is located in Shenzhen, Guangdong Province, and operates in logistics, warehousing, electronic manufacturing, and real estate [2]. - The company's main business revenue composition includes high-tech industry engineering services (92.43%), digital heating and new energy services (4.70%), digital and information services (2.26%), and other industrial services (0.61%) [2]. - 深桑达A is categorized under the "建筑装饰-专业工程-其他专业工程" (Construction Decoration - Professional Engineering - Other Professional Engineering) sector and is associated with concepts such as intelligent transportation, DeepSeek, low-altitude economy, metaverse, and digital twin [2]. Group 3: Financial Performance - For the period from January to September 2025, 深桑达A reported a revenue of 33.019 billion yuan, representing a year-on-year decrease of 31.81%, and a net profit attributable to shareholders of -299 million yuan, a decline of 136.01% year-on-year [2]. - The company has distributed a total of 911 million yuan in dividends since its listing, with 353 million yuan distributed over the past three years [3]. - As of September 30, 2025, the number of shareholders of 深桑达A was 69,800, an increase of 4.54% from the previous period, with an average of 15,608 circulating shares per person, a decrease of 4.34% [2][3].

Core Viewpoint - He Sheng New Materials has shown a significant stock price increase of 125.44% year-to-date, despite a slight decline in recent trading days [1][2]. Group 1: Stock Performance - As of November 28, He Sheng New Materials' stock price rose by 2.04% to 38.55 CNY per share, with a market capitalization of 9.565 billion CNY [1]. - The stock has experienced a net inflow of 658,600 CNY from major funds, with large orders accounting for 24.85% of purchases [1]. - The stock has seen a decline of 0.70% over the last five trading days and a 2.58% drop over the last 20 days, while it has increased by 6.14% over the last 60 days [1]. Group 2: Financial Performance - For the period from January to September 2025, He Sheng New Materials reported a revenue of 1.862 billion CNY, reflecting a year-on-year growth of 1.41%, and a net profit attributable to shareholders of 144 million CNY, which is a 67.90% increase [2]. - The company has distributed a total of 168 million 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 for He Sheng New Materials was 14,100, a decrease of 1.77% from the previous period [2]. - The top ten circulating shareholders include new entrants and increased holdings from existing shareholders, indicating a shift in institutional investment [3].

Core Viewpoint - Wanma Technology's stock has shown a mixed performance in recent trading, with a year-to-date increase of 16.60% but a decline over the past 20 and 60 days, indicating volatility in its market position [1][2]. Financial Performance - For the period from January to September 2025, Wanma Technology achieved a revenue of 557 million yuan, representing a year-on-year growth of 44.51%. The net profit attributable to shareholders was 32.68 million yuan, with a growth of 4.67% [2]. - The company has distributed a total of 35.24 million yuan in dividends since its A-share listing, with 30.82 million yuan distributed over the last three years [3]. Stock Market Activity - As of November 28, Wanma Technology's stock price was 40.18 yuan per share, with a market capitalization of 5.384 billion yuan. The stock experienced a 2.16% increase during the trading session [1]. - The stock has seen a net inflow of 2.75 million yuan from main funds, with significant buying activity from large orders [1]. Business Overview - Wanma Technology, established on January 28, 1997, and listed on August 31, 2017, specializes in the research, production, and sales of communication and medical information technology equipment, as well as data center integration and maintenance [2]. - The company's revenue composition includes 46.44% from vehicle networking, 30.39% from cabinet and chassis products, 11.64% from industrial control products, 6.64% from other sources, and 4.89% from medical information technology products [2]. Shareholder Information - As of September 30, 2025, Wanma Technology had 26,000 shareholders, a decrease of 18.78% from the previous period, with an average of 4,503 circulating shares per shareholder, an increase of 21.38% [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 595,200 shares as a new shareholder [3].

Core Viewpoint - Guanghetong's stock price has shown significant fluctuations, with a year-to-date increase of 35.45% and a recent decline over the past 60 days of 21.28% [1][2] Group 1: Stock Performance - As of November 28, Guanghetong's stock price rose by 2.05% to 26.82 CNY per share, with a trading volume of 2.91 billion CNY and a turnover rate of 2.06%, resulting in a total market capitalization of 241.52 billion CNY [1] - The stock has experienced a net outflow of 19.79 million CNY from main funds, with large orders showing a buy of 63.91 million CNY and a sell of 69.40 million CNY [1] - The stock has appeared on the "Dragon and Tiger List" once this year, with a net buy of 143 million CNY on January 21 [1] Group 2: Company Overview - Guanghetong, established on November 11, 1999, and listed on April 13, 2017, is based in Shenzhen, China, focusing on wireless communication modules and related solutions [2] - The company's main revenue source is wireless communication modules, accounting for 99.38% of total revenue, with other services contributing 0.62% [2] - As of September 30, the number of shareholders decreased by 3.54% to 79,500, with an average of 6,703 circulating shares per person, an increase of 3.67% [2] Group 3: Financial Performance - For the period from January to September 2025, Guanghetong reported a revenue of 5.366 billion CNY, a year-on-year decrease of 13.69%, and a net profit attributable to shareholders of 316 million CNY, down 51.50% year-on-year [2] - The company has distributed a total of 869 million CNY in dividends since its A-share listing, with 620 million CNY distributed over the past three years [3] Group 4: Shareholding Structure - As of September 30, 2025, Hong Kong Central Clearing Limited is the fourth-largest circulating shareholder with 6.3011 million shares, an increase of 1.553 million shares from the previous period [3] - The Southern CSI 1000 ETF is the seventh-largest shareholder with 4.2008 million shares, having decreased by 50,000 shares [3] - Huaxia CSI 1000 ETF has exited the list of the top ten circulating shareholders [3]

Core Viewpoint - The stock of Shanghai Shibei Hi-Tech Co., Ltd. has shown fluctuations in trading performance, with a year-to-date increase of 23.37% and a recent decline over the past 20 days [1][2] Financial Performance - For the period from January to September 2025, the company achieved a revenue of 816 million yuan, representing a year-on-year growth of 8.58%. However, the net profit attributable to shareholders was -187 million yuan, a significant decrease of 91.50% compared to the previous year [2] - Cumulative cash dividends since the company's A-share listing amount to 298 million yuan, with 28.1 million yuan distributed over the past three years [3] Shareholder Structure - As of September 30, 2025, the number of shareholders decreased by 0.52% to 86,400, with an average of 0 circulating shares per person [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited as the third-largest shareholder, increasing its holdings by 2.23 million shares [3] Stock Performance - The stock price increased by 2.27% to 5.86 yuan per share, with a trading volume of 65.63 million yuan and a turnover rate of 0.81% [1] - The stock has appeared on the "Dragon and Tiger List" four times this year, with the most recent appearance on July 18, where it recorded a net buy of -27.04 million yuan [1]

Core Viewpoint - The stock of Sankeshu has shown a significant increase in price and trading activity, reflecting positive market sentiment and financial performance in recent periods [1][2]. Financial Performance - For the period from January to September 2025, Sankeshu reported a revenue of 9.392 billion yuan, representing a year-on-year growth of 2.69% [2]. - The net profit attributable to shareholders for the same period was 744 million yuan, marking a substantial year-on-year increase of 81.22% [2]. Stock Performance - As of November 27, the stock price of Sankeshu rose by 2.03%, reaching 45.30 yuan per share, with a total market capitalization of 33.423 billion yuan [1]. - Year-to-date, the stock has appreciated by 52.53%, with a 3.12% increase over the last five trading days and a 5.50% increase over the last 20 days [1]. Shareholder Information - As of September 30, 2025, the number of shareholders increased to 14,200, with an average of 51,849 shares held per shareholder, a decrease of 0.50% [2]. - The top ten circulating shareholders include significant institutional investors, with Hong Kong Central Clearing Limited being the third-largest shareholder, holding 19.3144 million shares, an increase of 5.9453 million shares from the previous period [3]. Dividend Distribution - Since its A-share listing, Sankeshu has distributed a total of 1.102 billion yuan in dividends, with 622 million yuan distributed over the last three years [3]. Business Overview - Sankeshu specializes in the research, production, and sales of construction coatings, wood coatings, waterproof materials, flooring materials, insulation materials, integrated boards, and base materials [1]. - The company's revenue composition includes engineering wall paint (30.87%), base and auxiliary materials (29.79%), home decoration wall paint (27.07%), waterproof membranes (7.91%), and other segments [1].

Core Viewpoint - WanDong Medical's stock price has shown a mixed performance in recent trading sessions, with a year-to-date increase of 10.02% and a recent decline over the past 60 days [1][2]. Group 1: Stock Performance - As of November 27, WanDong Medical's stock price increased by 2.04%, reaching 16.47 CNY per share, with a total market capitalization of 11.579 billion CNY [1]. - The stock has experienced a trading volume of 69.7167 million CNY, with a turnover rate of 0.61% [1]. - Year-to-date, the stock has risen by 10.02%, with a slight increase of 0.43% over the last five trading days, a 5.17% increase over the last 20 days, and a decline of 7.05% over the last 60 days [1]. Group 2: Financial Performance - For the period from January to September 2025, WanDong Medical reported a revenue of 1.189 billion CNY, reflecting a year-on-year growth of 8.73% [2]. - The company recorded a net profit attributable to shareholders of -27.2098 million CNY, representing a year-on-year decrease of 123.51% [2]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for WanDong Medical increased to 27,200, up by 1.23% from the previous period [2]. - The average number of circulating shares per shareholder decreased by 1.22% to 25,882 shares [2]. - The company has distributed a total of 769 million CNY in dividends since its A-share listing, with 267 million CNY distributed over the past three years [3]. Group 4: Institutional Holdings - As of September 30, 2025, the third-largest circulating shareholder is HuaBao ZhongZheng Medical ETF, holding 11.9198 million shares, a decrease of 2.0986 million shares from the previous period [3]. - The fifth-largest shareholder is Hong Kong Central Clearing Limited, which increased its holdings by 2.5364 million shares to 7.0349 million shares [3]. - The tenth-largest shareholder is NanFang ZhongZheng 1000 ETF, holding 3.8619 million shares, a decrease of 31,900 shares from the previous period [3].

Core Viewpoint - Marubi Biotechnology's stock has shown fluctuations in recent trading sessions, with a year-to-date increase of 8.63% and a recent decline over the past 60 days of 15.88% [1][2]. Company Overview - Marubi Biotechnology Co., Ltd. was established on April 2, 2002, and went public on July 25, 2019. The company is located in Guangzhou and specializes in the research, design, production, sales, and service of various skincare products [1]. - The revenue composition of Marubi includes skincare products (39.05%), beauty and other products (29.37%), eye care products (23.81%), cleansing products (7.67%), and other businesses (0.10%) [1]. Financial Performance - For the period from January to September 2025, Marubi achieved a revenue of 2.45 billion yuan, representing a year-on-year growth of 25.51%. The net profit attributable to the parent company was 244 million yuan, with a growth of 2.13% [2]. - Since its A-share listing, Marubi has distributed a total of 1.08 billion yuan in dividends, with 710 million yuan distributed over the past three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders for Marubi was 18,900, an increase of 8.86% from the previous period. The average number of circulating shares per person was 21,205, a decrease of 8.14% [2]. - Among the top ten circulating shareholders, several funds from the Fortune series hold significant stakes, with the largest being Fortune Consumption Theme Mixed A, holding 3.69 million shares [3].

Core Viewpoint - Dou Shen Education's stock has experienced fluctuations, with a recent decline of 2.06% and a year-to-date increase of 7.09%, indicating volatility in its market performance [1] Financial Performance - For the period from January to September 2025, Dou Shen Education reported a revenue of 776 million yuan, representing a year-on-year growth of 39.36%. However, the net profit attributable to shareholders decreased by 17.23% to 91.77 million yuan [2] - The company has cumulatively distributed 156 million yuan in dividends since its A-share listing, with no dividends paid in the last three years [3] Shareholder Information - As of September 30, 2025, the number of shareholders increased by 7.62% to 100,500, while the average number of circulating shares per person decreased by 7.08% to 16,547 shares [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 19.91 million shares, a decrease of 477,900 shares from the previous period, and Bosera Hengle Bond A, a new shareholder holding 11.39 million shares [3] Market Activity - Dou Shen Education's stock has seen significant trading activity, with a total trading volume of 1.50 billion yuan and a turnover rate of 1.35%. The stock has appeared on the "Dragon and Tiger List" once this year, with a net purchase of 162 million yuan on January 23 [1]