Core Viewpoint - Trina Solar's stock has experienced fluctuations, with a current price of 17.68 CNY per share and a market capitalization of 38.53 billion CNY, reflecting a year-to-date decline of 8.39% [1] Company Overview - Trina Solar, established on December 26, 1997, and listed on June 10, 2020, is located in Changzhou, Jiangsu Province. The company operates in three main business segments: photovoltaic products, photovoltaic systems, and smart energy [1] - The revenue composition of Trina Solar includes: photovoltaic products (64.66%), system solutions (21.23%), other (5.54%), digital energy services (4.42%), and energy storage (4.14%) [1] Financial Performance - For the first half of 2025, Trina Solar reported a revenue of 31.06 billion CNY, a year-on-year decrease of 27.72%, and a net profit attributable to shareholders of -2.92 billion CNY, a significant decline of 654.47% [2] - Since its A-share listing, Trina Solar has distributed a total of 3.49 billion CNY in dividends, with 2.41 billion CNY distributed over the past three years [3] Shareholder Information - As of June 30, 2025, Trina Solar had 45,600 shareholders, an increase of 2.82% from the previous period, with an average of 47,781 circulating shares per shareholder, a decrease of 2.74% [2] - Major shareholders include Hong Kong Central Clearing Limited, holding 151 million shares (a decrease of 13.05 million shares), and various ETFs such as Huaxia and E Fund, which have increased their holdings [3]

Core Viewpoint - Yingjie Electric's stock price has shown fluctuations with a year-to-date decline of 3.93%, but a recent recovery in the last 5, 20, and 60 trading days, indicating potential market interest and volatility [1]. Company Overview - Yingjie Electric, established on January 16, 1996, and listed on February 13, 2020, specializes in the research, production, and sales of industrial power supply equipment, particularly power control power supplies and special power supplies [1]. - The company's revenue composition includes power control devices and systems (61.71%), power modules and systems (28.37%), and other products (9.84%) [1]. Financial Performance - For the first half of 2025, Yingjie Electric reported a revenue of 722 million yuan, a year-on-year decrease of 9.42%, and a net profit attributable to shareholders of 119 million yuan, down 32.71% year-on-year [2]. - Since its A-share listing, the company has distributed a total of 365 million yuan in dividends, with 248 million yuan distributed over the past three years [3]. Shareholder Structure - As of June 30, 2025, the number of shareholders decreased by 10.75% to 15,100, with an average of 7,352 circulating shares per person, an increase of 12.04% [2]. - Notable changes in the top ten circulating shareholders include a significant reduction in holdings by Hong Kong Central Clearing Limited and the entry of new shareholders such as Southern CSI 1000 ETF and Nuoan Hexin Mixed A [3]. Market Activity - On October 27, Yingjie Electric's stock rose by 2.13% to 52.70 yuan per share, with a trading volume of 142 million yuan and a turnover rate of 2.45%, resulting in a total market capitalization of 11.679 billion yuan [1]. - The stock has appeared on the "Dragon and Tiger List" once this year, with the most recent occurrence on October 9, where it recorded a net buy of -43.2772 million yuan [1].

Core Viewpoint - JinkoSolar is focusing on N-type TOPCon technology for high-efficiency battery production and aims to maintain its leadership in the "N-type era" while diversifying its energy storage solutions [2][6]. Company Overview - JinkoSolar, established on December 13, 2006, is headquartered in Shanghai and specializes in the research, production, and sales of solar photovoltaic modules, battery cells, and silicon wafers [6]. - The company operates in the photovoltaic equipment sector, specifically in solar cells and modules, and has a complete revenue structure from product sales [6]. Production and Technology - The company has successfully mass-produced high-efficiency N-type TOPCon batteries, with a production capacity of 16GW in Hefei and Haining, achieving a mass production efficiency of 24.7% [2]. - JinkoSolar is also developing IBC and perovskite battery technologies, indicating a strong commitment to innovation and efficiency improvements [2]. Financial Performance - For the first half of 2025, JinkoSolar reported a revenue of 31.83 billion yuan, a year-on-year decrease of 32.63%, and a net profit loss of 2.909 billion yuan, a significant decline of 342.38% [6]. - The company has distributed a total of 3.355 billion yuan in dividends since its A-share listing, with 3.125 billion yuan in the last three years [7]. Market Activity - On October 24, JinkoSolar's stock price decreased by 0.19%, with a trading volume of 375 million yuan and a market capitalization of 53.428 billion yuan [1]. - The stock has seen a net outflow of 7.3063 million yuan from major investors, indicating a trend of reduced holdings over the past three days [3][4]. Institutional Holdings - As of June 30, 2025, Hong Kong Central Clearing Limited is the second-largest shareholder, holding 438 million shares, an increase of 57.2066 million shares from the previous period [8].

Core Viewpoint - Longhua Technology's stock has shown a positive trend with a year-to-date increase of 15.43%, despite a slight decline in the last 20 and 60 days [1][2] Group 1: Stock Performance - On October 24, Longhua Technology's stock rose by 2.07%, reaching 8.37 CNY per share, with a trading volume of 1.31 billion CNY and a turnover rate of 1.62% [1] - The company's market capitalization stands at 8.663 billion CNY [1] - Year-to-date stock price increase is 15.43%, with a 1.09% rise in the last 5 trading days, a 2.45% decline in the last 20 days, and a 0.36% decline in the last 60 days [1] Group 2: Financial Performance - For the first half of 2025, Longhua Technology reported a revenue of 1.515 billion CNY, representing a year-on-year growth of 23.95%, and a net profit attributable to shareholders of 112 million CNY, up by 5.83% [2] - Cumulative cash dividends since the A-share listing amount to 315 million CNY, with 98.085 million CNY distributed in the last three years [3] Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders is 42,000, a decrease of 6.02% from the previous period, with an average of 20,099 circulating shares per person, an increase of 16.38% [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 5.3303 million shares, a decrease of 517,100 shares from the previous period [3] Group 4: Business Segments - Longhua Technology's main business segments include energy-saving heat exchange equipment (35.87%), target materials and ultra-high temperature special materials (26.91%), and environmental water treatment products (13.49%) [1] - Other segments include foam products and structural components (9.44%), extractants (8.76%), rail transit products (3.05%), sewage treatment (1.04%), and others [1] Group 5: Industry Classification - Longhua Technology is classified under the mechanical equipment sector, specifically in general equipment and other general equipment categories [2] - The company is associated with concepts such as perovskite batteries, small disks, HJT batteries, military-civilian integration, and sewage treatment [2]

Core Viewpoint - JinkoSolar's stock has experienced a significant decline in 2023, with a year-to-date drop of 24.75% and a recent 5-day decline of 8.86% [1] Financial Performance - For the first half of 2025, JinkoSolar reported revenue of 31.831 billion yuan, a year-on-year decrease of 32.63% [2] - The company recorded a net profit attributable to shareholders of -2.909 billion yuan, representing a year-on-year decrease of 342.38% [2] Stock Market Activity - As of October 22, JinkoSolar's stock price was 5.35 yuan per share, with a market capitalization of 53.528 billion yuan [1] - The stock saw a net outflow of 35.0689 million yuan in principal funds, with large orders accounting for 24.72% of purchases and 37.37% of sales [1] Shareholder Information - As of June 30, 2025, JinkoSolar had 74,200 shareholders, an increase of 0.89% from the previous period [2] - The average number of circulating shares per shareholder was 134,811, a decrease of 0.88% [2] Dividend Distribution - JinkoSolar has distributed a total of 3.355 billion yuan in dividends since its A-share listing, with 3.125 billion yuan distributed over the past three years [3] Institutional Holdings - As of June 30, 2025, Hong Kong Central Clearing Limited was the second-largest circulating shareholder, holding 438 million shares, an increase of 57.2066 million shares from the previous period [3] - The Huaxia SSE STAR 50 ETF ranked fourth among circulating shareholders with 220 million shares, a decrease of 5.7367 million shares [3]

Core Viewpoint - Jiejia Weichuang's stock price has experienced fluctuations, with a year-to-date increase of 45.44% but a recent decline of 7.65% over the past five trading days [1] Group 1: Stock Performance - As of October 22, Jiejia Weichuang's stock price was 90.19 CNY per share, with a market capitalization of 31.41 billion CNY [1] - The stock has seen a trading volume of 488 million CNY and a turnover rate of 1.86% [1] - The company has appeared on the "Dragon and Tiger List" once this year, with a net buy of 233 million CNY on August 1 [1] Group 2: Financial Performance - For the first half of 2025, Jiejia Weichuang reported revenue of 8.372 billion CNY, a year-on-year increase of 26.41%, and a net profit of 1.830 billion CNY, up 49.26% [2] - Cumulative cash dividends since the company's A-share listing amount to 1.143 billion CNY, with 903 million CNY distributed over the past three years [3] Group 3: Shareholder Information - As of September 30, the number of shareholders increased to 86,800, with an average of 3,308 circulating shares per person [2] - Hong Kong Central Clearing Limited is the fourth-largest circulating shareholder, holding 8.3946 million shares as a new shareholder [3] - E Fund's ChiNext ETF is the eighth-largest circulating shareholder, holding 6.5343 million shares, a decrease of 164,700 shares from the previous period [3]

Core Viewpoint - JinkoSolar is focusing on N-type TOPCon technology for high-efficiency solar cells, with significant production capacity and technological advancements in the solar energy sector [2]. Company Overview - JinkoSolar, established on December 13, 2006, is headquartered in Shanghai and specializes in the research, production, and sales of solar photovoltaic modules, cells, and wafers [6]. - The company aims to provide high-quality solar energy products globally, with 100% of its revenue derived from product sales [6]. Production and Technology - The company has successfully mass-produced high-efficiency N-type TOPCon cells, with a production capacity of 16GW in Hefei and Haining, achieving a testing efficiency of 24.7% [2]. - JinkoSolar is also developing IBC and perovskite solar cell technologies, indicating a strong commitment to innovation in solar technology [2]. Financial Performance - For the first half of 2025, JinkoSolar reported a revenue of 31.83 billion yuan, a year-on-year decrease of 32.63%, and a net loss of 2.91 billion yuan, a significant decline of 342.38% compared to the previous year [6]. - The company has distributed a total of 3.355 billion yuan in dividends since its A-share listing, with 3.125 billion yuan distributed over the last three years [7]. Market Activity - On October 21, JinkoSolar's stock price increased by 0.18%, with a trading volume of 414 million yuan and a market capitalization of 54.628 billion yuan [1]. - The stock has shown signs of accumulation, but the buying pressure is not strong, with the average trading cost at 5.93 yuan and the stock price near a resistance level of 5.54 yuan [5]. Institutional Holdings - As of June 30, 2025, the second-largest shareholder is Hong Kong Central Clearing Limited, holding 438 million shares, an increase of 57.21 million shares from the previous period [8]. - Other notable institutional investors include Huaxia SSE Sci-Tech 50 ETF and E Fund SSE Sci-Tech 50 ETF, with varying changes in their holdings [8].

Core Viewpoint - The stock of Maiwei Co., Ltd. has shown fluctuations with a recent increase of 2.10%, while the company faces a decline in revenue and profit year-on-year [1][2]. Group 1: Stock Performance - As of October 21, Maiwei's stock price reached 100.77 CNY per share, with a market capitalization of 28.156 billion CNY [1]. - Year-to-date, the stock has decreased by 3.16%, with a 6.04% drop over the last five trading days, but has increased by 9.20% over the last 20 days and 38.65% over the last 60 days [1]. Group 2: Financial Performance - For the first half of 2025, Maiwei reported a revenue of 4.213 billion CNY, a year-on-year decrease of 13.48%, and a net profit attributable to shareholders of 394 million CNY, down 14.59% year-on-year [2]. - Cumulatively, the company has distributed 1.349 billion CNY in dividends since its A-share listing, with 1.013 billion CNY distributed over the last three years [3]. Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders increased by 14.86% to 31,700, while the average number of circulating shares per person decreased by 12.36% to 6,102 shares [2]. - The top ten circulating shareholders include notable funds, with the fifth-largest being Ruiyuan Growth Value Mixed A, holding 6.9111 million shares, a decrease of 1.1106 million shares from the previous period [3].

Core Viewpoint - Jinchen Co., Ltd. has shown a mixed performance in stock price and financial results, with a notable reliance on the photovoltaic equipment sector for revenue generation [2][3]. Financial Performance - As of June 30, 2025, Jinchen Co., Ltd. achieved a revenue of 1.323 billion yuan, representing a year-on-year growth of 6.64%. However, the net profit attributable to shareholders decreased by 25.94% to 38.4026 million yuan [2]. - The company has distributed a total of 180 million yuan in dividends since its A-share listing, with 68.246 million yuan distributed over the past three years [3]. Stock Performance - The stock price of Jinchen Co., Ltd. has increased by 5.12% year-to-date, but has seen a decline of 0.99% over the last five trading days and 2.36% over the last 20 days [2]. - As of October 20, 2023, the stock was trading at 28.12 yuan per share, with a market capitalization of 3.895 billion yuan [1]. Shareholder Information - As of June 30, 2025, the number of shareholders stood at 32,100, a decrease of 0.97% from the previous period, while the average number of circulating shares per person increased by 0.98% to 4,319 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 877,500 shares, an increase of 8,020 shares compared to the previous period [3]. Business Overview - Jinchen Co., Ltd. specializes in the research, design, manufacturing, and sales of high-end intelligent equipment, with 98.13% of its main business revenue derived from photovoltaic module equipment [2]. - The company operates within the power equipment sector, specifically focusing on photovoltaic equipment and processing [2].

Core Viewpoint - Jiejia Weichuang's stock price has shown significant volatility, with a year-to-date increase of 48.97% but a recent decline over the past five and twenty trading days [1][2]. Company Overview - Shenzhen Jiejia Weichuang New Energy Equipment Co., Ltd. specializes in the research, production, and sales of crystalline silicon solar cell equipment, with its main business revenue composition being 83.34% from process equipment, 12.05% from automation supporting equipment, and 4.62% from components [1]. Financial Performance - For the first half of 2025, Jiejia Weichuang achieved an operating income of 8.372 billion yuan, representing a year-on-year growth of 26.41%, and a net profit attributable to shareholders of 1.830 billion yuan, up 49.26% year-on-year [2]. Shareholder Information - As of September 30, the number of shareholders for Jiejia Weichuang increased to 86,800, a rise of 5.81% from the previous period, with an average of 3,308 circulating shares per person, down 5.49% [2]. Dividend Distribution - Since its A-share listing, Jiejia Weichuang has distributed a total of 1.143 billion yuan in dividends, with 903 million yuan distributed over the past three years [3]. Institutional Holdings - As of June 30, 2025, Hong Kong Central Clearing Limited is the fourth-largest circulating shareholder with 8.3946 million shares, while E Fund's ChiNext ETF is the eighth-largest with 6.5343 million shares, having decreased its holdings by 164,700 shares [3].