Core Viewpoint - The stock of Core International has shown a significant increase in price and performance metrics, indicating positive market sentiment and growth potential in the human resources service sector [1][2]. Company Performance - As of October 28, Core International's stock price rose by 2.05% to 27.86 CNY per share, with a total market capitalization of 5.483 billion CNY [1]. - Year-to-date, the stock has increased by 33.30%, although it has experienced a decline of 10.42% over the past 20 days and 18.96% over the past 60 days [1]. - For the first half of 2025, the company reported a revenue of 7.075 billion CNY, reflecting a year-on-year growth of 27.67%, and a net profit of 127 million CNY, which is a 46.96% increase compared to the previous year [2]. Shareholder Information - As of October 10, the number of shareholders increased to 13,600, with an average of 14,473 shares held per shareholder, a decrease of 1.37% [2]. - The company has distributed a total of 199 million CNY in dividends since its A-share listing, with 70.26 million CNY distributed over the last three years [3]. Institutional Holdings - As of June 30, 2025, notable institutional shareholders include Xingquan Commercial Model Mixed Fund A, which increased its holdings by 642,600 shares, and other funds that have also increased their positions [3].

Core Viewpoint - The stock of Tuolisi has shown fluctuations with a recent increase of 2.04%, but the overall performance this year has seen a decline of 4.25% [1] Group 1: Company Overview - Tuolisi Information Technology Co., Ltd. was established on February 18, 1993, and went public on June 15, 2011. The company specializes in artificial intelligence products and services, big data products and services, and data security products and services [2] - The revenue composition of Tuolisi includes 44.49% from AI software products and services, 33.73% from big data software products and services, 11.07% from security products, and 10.70% from system integration and others [2] - As of September 30, 2025, Tuolisi had 116,700 shareholders, a decrease of 2.78% from the previous period, with an average of 7,483 circulating shares per person, an increase of 2.86% [2] Group 2: Financial Performance - For the period from January to September 2025, Tuolisi reported revenue of 337 million yuan, a year-on-year decrease of 45.57%, and a net profit attributable to shareholders of -160 million yuan, a year-on-year decrease of 460.24% [2] - Since its A-share listing, Tuolisi has distributed a total of 325 million yuan in dividends, with 55.67 million yuan distributed over the past three years [3] Group 3: Shareholder Structure - As of September 30, 2025, the third-largest circulating shareholder is Huabao Zhongzheng Financial Technology Theme ETF, holding 10.17 million shares, an increase of 5.03 million shares from the previous period [3] - Hong Kong Central Clearing Limited is the fourth-largest circulating shareholder, holding 5.83 million shares, a decrease of 0.53 million shares from the previous period [3]

Core Viewpoint - Langxin Group's stock price has shown a significant increase of 53.31% year-to-date, despite recent declines in the short term [1][2]. Financial Performance - For the first half of 2025, Langxin Group reported revenue of 1.542 billion yuan, a year-on-year decrease of 0.39%, and a net profit attributable to shareholders of 28.638 million yuan, down 23.02% year-on-year [2]. - The company has distributed a total of 1.028 billion yuan in dividends since its A-share listing, with 655 million yuan distributed over the past three years [3]. Stock Market Activity - As of October 28, Langxin Group's stock price was 18.32 yuan per share, with a market capitalization of 19.79 billion yuan [1]. - The stock has seen a net inflow of 2.6945 million yuan from main funds, with large orders accounting for 14.07% of total buying [1]. - The company has appeared on the "Dragon and Tiger List" once this year, with a net purchase of 52.5371 million yuan on June 16 [1]. Shareholder Information - As of October 20, the number of shareholders increased to 35,300, with an average of 29,283 circulating shares per person, a decrease of 1.89% [2]. - The tenth largest circulating shareholder, Hong Kong Central Clearing Limited, reduced its holdings by 2.408 million shares to 19.9678 million shares as of June 30, 2025 [3]. Business Overview - Langxin Group, established on May 7, 2003, and listed on August 1, 2017, operates in the public utility sector, focusing on information technology systems and services [1]. - The company's main revenue sources are platform operations (60.91%), software services (35.11%), and other businesses (3.98%) [1].

Core Viewpoint - 壹网壹创 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 revenue for the recent quarter [1][2]. Group 1: Stock Performance - On October 28, 壹网壹创's stock rose by 2.01%, reaching 30.47 CNY per share, with a trading volume of 96.37 million CNY and a turnover rate of 1.51%, resulting in a total market capitalization of 7.22 billion CNY [1]. - Year-to-date, the stock price has increased by 27.49%, but it has seen a decline of 1.90% over the last five trading days and 3.30% over the last twenty days [1]. - The company has appeared on the龙虎榜 three times this year, with the most recent appearance on January 17, where it recorded a net purchase of 97.22 million CNY [1]. Group 2: Financial Performance - For the period from January to September 2025, 壹网壹创 reported a revenue of 763 million CNY, reflecting a year-on-year decrease of 13.42%, while the net profit attributable to shareholders increased by 3.94% to 98.46 million CNY [2]. - Since its A-share listing, the company has distributed a total of 310 million CNY in dividends, with 91.26 million CNY distributed over the past three years [3]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for 壹网壹创 was 32,700, a decrease of 0.90% from the previous period, with an average of 6,495 circulating shares per person, which is an increase of 0.91% [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the sixth largest, holding 2.11 million shares, an increase of 426,700 shares compared to the previous period [3].

Core Viewpoint - Guangyun Technology's stock has shown a year-to-date increase of 28.74%, despite recent declines in the short term, indicating potential volatility in its market performance [1][2]. Financial Performance - For the period from January to September 2025, Guangyun Technology achieved a revenue of 405 million yuan, representing a year-on-year growth of 14.87%. However, the company reported a net profit attributable to shareholders of -15.03 million yuan, which is a significant increase in losses by 73.03% compared to the previous year [2]. Stock Market Activity - As of October 28, Guangyun Technology's stock price was 14.56 yuan per share, with a market capitalization of 6.2 billion yuan. The stock experienced a trading volume of 39.38 million yuan and a turnover rate of 0.64% [1]. - The company has seen a net inflow of main funds amounting to 828,800 yuan, with large orders accounting for 8.80% of total purchases and 6.70% of total sales [1]. Shareholder Information - As of September 30, 2025, Guangyun Technology had 14,900 shareholders, a decrease of 9.34% from the previous period. The average number of circulating shares per person increased by 10.30% to 28,573 shares [2]. - The company has distributed a total of 70.18 million yuan in dividends since its A-share listing, with no dividends paid in the last three years [3]. Institutional Holdings - Among the top ten circulating shareholders as of September 30, 2025, new entrants include Hong Kong Central Clearing Limited and Debon Flexible Allocation Mixed A, holding 3.8463 million shares and 3.7866 million shares, respectively [3].

Core Viewpoint - Wankang Technology's stock has shown fluctuations in recent trading sessions, with a year-to-date increase of 11.29% and a recent decline over the past 20 and 60 days [1][2]. Financial Performance - For the first half of 2025, Wankang Technology reported a revenue of 760 million yuan, representing a year-on-year growth of 7.77%. However, the net profit attributable to shareholders was -52.81 million yuan, a significant decrease of 315.63% compared to the previous year [2]. - The company has distributed a total of 106 million yuan in dividends since its A-share listing, with 15.29 million yuan distributed over the last three years [3]. Shareholder Information - As of June 30, 2025, Wankang Technology had 50,600 shareholders, a decrease of 9.30% from the previous period. The average number of circulating shares per shareholder increased by 10.25% to 3,387 shares [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited as the second-largest shareholder, holding 9.63 million shares, an increase of 1.72 million shares from the previous period [3]. Market Activity - On October 28, Wankang Technology's stock price rose by 2.02% to 70.28 yuan per share, with a trading volume of 193 million yuan and a turnover rate of 1.62%. The total market capitalization reached 13.588 billion yuan [1]. - The stock has appeared on the "Dragon and Tiger List" once this year, with a net purchase of 96.836 million yuan on February 5, accounting for 14.59% of the total trading volume [1].

Core Viewpoint - Jafa Education's stock price has experienced fluctuations, with a recent decline of 2.02% and a total market capitalization of 5.034 billion yuan, reflecting a challenging trading environment [1] Group 1: Stock Performance - As of October 28, Jafa Education's stock price is 12.60 yuan per share, with a trading volume of 77.39 million yuan and a turnover rate of 1.95% [1] - Year-to-date, the stock price has increased by 6.69%, but it has decreased by 15.44% over the last five trading days and 17.27% over the last twenty days [1] - Over the past sixty days, the stock has seen a modest increase of 4.48% [1] Group 2: Financial Performance - For the period from January to September 2025, Jafa Education reported a revenue of 340 million yuan, representing a year-on-year growth of 0.44% [2] - The net profit attributable to shareholders for the same period was 48.62 million yuan, which is a decrease of 3.26% compared to the previous year [2] Group 3: Business Overview - Jafa Education, established in October 2002 and listed in November 2016, specializes in the research, development, production, and sales of educational information technology products [1] - The company's main revenue sources include standardized examination products and solutions (59.65%), smart education products and solutions (36.72%), and other supplementary services (3.63%) [1] - The company operates within the software development sector, focusing on vertical application software, and is involved in various concepts such as AI agents and online education [2] Group 4: Shareholder Information - As of September 30, Jafa Education had 14,100 shareholders, a decrease of 4.26% from the previous period, with an average of 22,089 circulating shares per shareholder, an increase of 4.45% [2] Group 5: Dividend Information - Since its A-share listing, Jafa Education has distributed a total of 397 million yuan in dividends, with 147 million yuan distributed over the past three years [3]

Core Insights - The company reported a decline in revenue and net profit for the first three quarters of 2025, with revenue at 530 million yuan, down 5.49% year-on-year, and net profit at approximately 64.89 million yuan, down 40.94% year-on-year [1][2] Financial Performance - Basic earnings per share for the reporting period were 0.34 yuan, with a weighted average return on equity of 5.93% [2] - The company's gross margin for the first three quarters was 43.84%, a decrease of 3.04 percentage points year-on-year, while the net margin was 12.10%, down 7.61 percentage points from the previous year [2] - In Q3 2025, the gross margin was 44.65%, down 4.41 percentage points year-on-year but up 1.09 percentage points quarter-on-quarter; the net margin was 11.61%, down 8.53 percentage points year-on-year but up 2.58 percentage points from the previous quarter [2] Expense Analysis - Total operating expenses for Q3 2025 were 156 million yuan, an increase of 20.61 million yuan year-on-year, with an expense ratio of 29.52%, up 5.30 percentage points from the previous year [2] - Breakdown of expenses showed sales expenses increased by 3.45%, management expenses surged by 57.94%, R&D expenses rose by 8.36%, while financial expenses decreased significantly by 2475.24% [2] Shareholder Information - As of the end of Q3 2025, the total number of shareholders was 16,700, a decrease of 2,844 from the end of the previous half-year, representing a decline of 14.58% [2] - The average market value per shareholder increased from 195,600 yuan at the end of the previous half-year to 282,700 yuan, an increase of 44.53% [2] Company Overview - Shenzhen Huashengchang Technology Industry Co., Ltd. is located in Nanshan District, Shenzhen, Guangdong Province, and was established on March 26, 1991, with its listing date on April 15, 2020 [3] - The company's main business involves the production and sales of professional instruments and meters, with revenue composition including professional instruments (45.09%), general instruments (37.75%), professional testing and scientific analysis instruments (11.65%), new energy products (2.58%), and others [3] - The company belongs to the electrical equipment industry, specifically in power grid equipment and electrical instruments, and is associated with concepts such as DeepSeek, AI Agent, tire pressure monitoring, Huawei Harmony, and charging piles [3]

Core Viewpoint - New Zhisoft's stock price has shown a significant increase of 30.51% year-to-date, despite recent fluctuations in trading performance [1][2]. Group 1: Stock Performance - On October 27, New Zhisoft's stock rose by 2.35%, reaching 20.92 CNY per share, with a trading volume of 1.03 billion CNY and a turnover rate of 1.90%, resulting in a total market capitalization of 5.5 billion CNY [1]. - Year-to-date, New Zhisoft's stock has increased by 30.51%, with a 2.25% rise over the last five trading days, a 6.06% decline over the last 20 days, and a 4.95% decline over the last 60 days [1]. - The company has appeared on the "Dragon and Tiger List" three times this year, with the most recent appearance on March 6, where it recorded a net purchase of 57.74 million CNY [1]. Group 2: Company Overview - New Zhisoft, established on June 4, 1994, and listed on December 7, 2020, is located in Shanghai and provides IT solutions and services primarily to financial institutions and other industries [2]. - The company's revenue composition includes IT solutions (84.23%), innovative business (6.73%), IT product sales and value-added services (5.37%), software development subcontracting (3.57%), and other (0.10%) [2]. - New Zhisoft operates within the computer software development sector, focusing on vertical application software, and is associated with concepts such as AI Agent, digital currency, and domestic software [2]. Group 3: Financial Performance - For the first half of 2025, New Zhisoft reported a revenue of 897 million CNY, a year-on-year decrease of 3.40%, while the net profit attributable to shareholders was 30.35 million CNY, reflecting a year-on-year increase of 42.84% [2]. - Since its A-share listing, New Zhisoft has distributed a total of 98.88 million CNY in dividends, with 29.71 million CNY distributed over the past three years [3]. - As of June 30, 2025, the number of shareholders decreased by 3.34% to 12,600, with an average of 20,899 circulating shares per shareholder, an increase of 3.45% [2][3].

Core Viewpoint - Qianxin Technology Group 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 revenue for the first half of 2025 [2][3]. Stock Performance - As of October 27, Qianxin's stock price increased by 2.03% to 35.16 CNY per share, with a trading volume of 168 million CNY and a turnover rate of 0.71%, resulting in a total market capitalization of 23.988 billion CNY [1]. - Year-to-date, Qianxin's stock price has risen by 31.05%, with a recent 5-day increase of 3.44%, a 20-day decline of 1.79%, and a 60-day increase of 1.24% [2]. Trading Activity - In the recent trading session, there was a net outflow of 6.2142 million CNY from main funds, with large orders accounting for 19.39% of total buying and 22.18% of total selling [1]. - Qianxin has appeared on the "Dragon and Tiger List" once this year, with the latest appearance on August 28, where it recorded a net purchase of 82.705 million CNY [2]. Financial Performance - For the first half of 2025, Qianxin reported a revenue of 1.742 billion CNY, reflecting a year-on-year decrease of 2.30%, while the net profit attributable to shareholders was -770 million CNY, an increase of 6.16% year-on-year [3]. - As of June 30, 2025, the number of Qianxin's shareholders decreased by 4.98% to 25,900, with an average of 26,433 circulating shares per shareholder, which is an increase of 5.24% [3]. Business Overview - Qianxin, established on June 16, 2014, and listed on July 22, 2020, focuses on the cybersecurity market, providing enterprise-level security products and services to government and corporate clients [2]. - The company's revenue composition includes 61.00% from security products, 19.67% from security services, 18.93% from hardware and others, and 0.40% from other sources [2]. - Qianxin is categorized under the software development sector and is associated with concepts such as digital currency, AI agents, Huawei Kunpeng, situational awareness, and domestic software [2].