Core Viewpoint - Zhongke Shuguang's stock price has shown significant volatility, with a year-to-date increase of 50.74% but a recent decline over the past few trading days, indicating potential market fluctuations and investor sentiment shifts [1][2]. Company Overview - Zhongke Shuguang, established on March 7, 2006, and listed on November 6, 2014, is based in Beijing and specializes in high-performance computing, general servers, and storage products, alongside software development and system integration services [1]. - The company's main revenue sources are IT equipment (88.79%), software development, system integration, and technical services (11.15%), with other contributions at 0.06% [1]. Financial Performance - For the period from January to September 2025, Zhongke Shuguang reported a revenue of 8.82 billion yuan, reflecting a year-on-year growth of 9.68%, and a net profit attributable to shareholders of 966 million yuan, marking a 25.55% increase [2]. - The company has distributed a total of 1.92 billion yuan in dividends since its A-share listing, with 1.08 billion yuan distributed over the past three years [3]. Shareholder Information - As of October 10, 2025, Zhongke Shuguang had 323,500 shareholders, a decrease of 1.70% from the previous period, with an average of 4,521 circulating shares per shareholder, an increase of 1.73% [2]. - The top ten circulating shareholders include various ETFs, with notable changes in holdings among them, such as Huatai-PB's Hu-Shen 300 ETF reducing its stake by 1.06 million shares [3].

Core Viewpoint - ST Langyuan is a leading fruit and vegetable processing company in China, established in 2002 and listed in 2011, with a strong competitive edge in both fresh and dried fruit sectors [1] Group 1: Business Performance - In Q3 2025, ST Langyuan reported revenue of 184 million yuan, ranking 6th among 6 companies in the industry, with the industry leader, Guanong Co., achieving 2.136 billion yuan [2] - The revenue composition includes dried fruits at 66.61% (67.33 million yuan), fresh fruits at 17.11% (17.29 million yuan), nuts and kernels at 15.69% (15.86 million yuan), and other contributions at 0.58% (0.588 million yuan) [2] - The net profit for the same period was -7.86 million yuan, placing it 5th in the industry, while the top performer, Guanong Co., reported a net profit of 352 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, ST Langyuan's debt-to-asset ratio was 12.51%, significantly lower than the industry average of 39.87% [3] - The gross profit margin for ST Langyuan was 10.91%, down from 12.46% year-on-year, and below the industry average of 12.02% [3] Group 3: Management and Shareholder Information - The chairman, Zhao Zheng, has a salary of 120,000 yuan for 2024, while the general manager, Cao Yuchen, has a salary of 300,000 yuan [4] - As of September 30, 2025, the number of A-share shareholders decreased by 19.36% to 15,800, while the average number of circulating A-shares held per account increased by 24.01% to 29,700 [5]

Company Overview - Qihoo 360 Technology Co., Ltd. is located in Xicheng District, Beijing, and was established on June 16, 2014, with its listing date on July 22, 2020 [2] - The company focuses on the cybersecurity market, providing next-generation enterprise-level cybersecurity products and services to government and corporate clients [2] - Revenue composition includes: 61.00% from security products, 19.67% from security services, 18.93% from hardware and others, and 0.40% from other supplementary services [2] Financial Performance - For the first half of 2025, the company achieved operating revenue of 1.742 billion yuan, a year-on-year decrease of 2.30% [2] - The net profit attributable to the parent company was -770 million yuan, representing a year-on-year increase of 6.16% [2] Stock Performance - As of September 12, the stock price of Qihoo 360 was 37.21 yuan per share, with a market capitalization of 25.387 billion yuan [1] - The stock has increased by 38.69% year-to-date, with a recent decline of 1.38% over the last five trading days [1] - The stock has appeared on the "龙虎榜" (a trading board for stocks with significant trading activity) once this year, with the latest appearance on August 28, where it recorded a net purchase of 827.05 million yuan [1] Shareholder Information - As of June 30, 2025, the number of shareholders was 25,900, a decrease of 4.98% from the previous period [2] - The average circulating shares per person increased by 5.24% to 26,433 shares [2] Institutional Holdings - As of June 30, 2025, the top ten circulating shareholders included Huaxia SSE Sci-Tech Innovation Board 50 ETF, holding 15.1968 million shares, a decrease of 209,400 shares from the previous period [3] - E Fund SSE Sci-Tech Innovation Board 50 ETF held 11.3456 million shares, an increase of 320,500 shares from the previous period [3]

Company Overview - Deepin Technology Co., Ltd. is located in Nanshan District, Shenzhen, Guangdong Province, and was established on December 25, 2000. The company went public on May 16, 2018. Its main business involves information security, with revenue composition as follows: 47.68% from network security, 46.36% from cloud computing and IT infrastructure, and 5.96% from basic networking and IoT [1][2]. Stock Performance - As of September 11, the stock price of Deepin Technology increased by 2.15%, reaching 112.79 CNY per share, with a trading volume of 2.17 billion CNY and a turnover rate of 0.70%. The total market capitalization is 475.84 billion CNY [1]. - Year-to-date, the stock price has risen by 96.71%, with a 0.69% increase over the last five trading days, a 9.57% increase over the last 20 days, and a 26.49% increase over the last 60 days [1]. Financial Performance - For the first half of 2025, Deepin Technology reported revenue of 3.009 billion CNY, representing a year-on-year growth of 11.16%. The net profit attributable to shareholders was -228 million CNY, showing a year-on-year increase of 61.54% [2]. Shareholder Information - As of June 30, 2025, the number of shareholders for Deepin Technology is 27,600, a decrease of 14.04% from the previous period. The average number of circulating shares per person is 10,081, an increase of 16.35% [2]. - The company has distributed a total of 297 million CNY in dividends since its A-share listing, with cumulative distributions of 47.07 million CNY over the past three years [3]. Institutional Holdings - As of June 30, 2025, the top ten circulating shareholders include Hong Kong Central Clearing Limited as the third-largest shareholder with 13.4141 million shares, a decrease of 2.6082 million shares from the previous period. Other notable shareholders include Wanjiayou Selected (161903) and E Fund's Growth Enterprise Board ETF (159915) [3].

Company Overview - Guanghuan New Network is located in Dongcheng District, Beijing, established on January 27, 1999, and listed on January 29, 2014. The company primarily engages in Internet Data Center (IDC) services and cloud computing, with revenue composition: cloud computing and related services 70.07%, IDC and its value-added services 28.69%, Internet broadband access services 0.66%, and others 0.58% [1][2]. Financial Performance - For the first half of 2025, Guanghuan New Network reported operating revenue of 3.716 billion yuan, a year-on-year decrease of 5.15%, and a net profit attributable to shareholders of 115 million yuan, down 57.01% year-on-year [2]. - The company has cumulatively distributed 601 million yuan in dividends since its A-share listing, with 288 million yuan distributed over the past three years [3]. Stock Market Activity - As of September 4, Guanghuan New Network's stock price decreased by 2.02%, trading at 14.55 yuan per share, with a total market capitalization of 26.155 billion yuan. The stock has seen a 0.14% increase year-to-date, a 12.67% decline over the past five trading days, a 1.11% increase over the past 20 days, and a 7.70% increase over the past 60 days [1]. - The company has appeared on the stock market's "Dragon and Tiger List" twice this year, with the most recent occurrence on February 25 [1]. Shareholder Structure - As of June 30, 2025, Guanghuan New Network had 135,700 shareholders, a decrease of 6.69% from the previous period, with an average of 13,213 circulating shares per shareholder, an increase of 7.16% [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited as the second-largest shareholder with 47.8404 million shares, a decrease of 602,300 shares from the previous period. New shareholders include GF Innovation Upgrade Mixed Fund and GF Supply-side Reform Mixed Fund [3].

Company Overview - Tianrongxin Technology Group Co., Ltd. is primarily engaged in network security, accounting for 86.98% of its main business revenue, with intelligent computing cloud contributing 12.40% and other services at 0.63% [1][2] - The company was established on August 30, 1985, and went public on February 1, 2008 [1] Stock Performance - As of August 29, Tianrongxin's stock price increased by 106.07% year-to-date, with a 30.54% rise in the last five trading days, 61.00% in the last twenty days, and 79.05% in the last sixty days [1] - The stock was traded at 13.25 CNY per share, with a total market capitalization of 15.628 billion CNY [1] Financial Highlights - For the first half of 2025, Tianrongxin reported a revenue of 826 million CNY, a year-on-year decrease of 5.38%, while the net profit attributable to shareholders was -64.69 million CNY, showing a significant increase of 68.56% compared to the previous period [2] - The company has distributed a total of 456 million CNY in dividends since its A-share listing, with 44.2 million CNY distributed over the last three years [3] Shareholder Information - As of June 30, 2025, the number of shareholders decreased by 7.13% to 74,100, with an average of 15,757 shares held per shareholder, an increase of 7.63% [2] - Major shareholders include Hong Kong Central Clearing Limited and Southern CSI 1000 ETF, with both increasing their holdings compared to the previous period [3] Market Activity - On August 28, Tianrongxin appeared on the trading leaderboard with a net buy of -140 million CNY, with total purchases of 546 million CNY and total sales of 686 million CNY [1] - The stock has been on the leaderboard four times this year, indicating significant trading activity [1] Industry Classification - Tianrongxin is classified under the computer software development sector, specifically in horizontal general software, and is associated with concepts such as VPN, integrated machines, and digital watermarking [2]