两家A股公司因筹划控制权变更事项停牌。 今日（11月3日）早间，长城科技（603897）发布公告称，公司于2025年11月2日收到公司实际控制人顾林祥先生、沈宝珠女士的通知，实际控制人顾林祥先生、沈 宝珠女士正在筹划公司股份协议转让事宜，该事项可能导致公司控制权发生变更。 鉴于上述事项尚存在重大不确定性，为保证公平信息披露，维护投资者利益，避免公司股价异常波动，根据相关规定，经向上海证券交易所申请，公司股票将于 2025年11月3日（星期一）开市起停牌，预计停牌时间不超过2个交易日。 | 证券代码 | 证券简称 | 停复牌类型 | 停牌起始日 | 停牌 期间 | 停牌终止日 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | | 603897 | 长城科技 A 股 停牌 | | 2025/11/3 | 全天 | | | 公开资料显示，长城科技主营业务为电磁线的研发、生产和销售，产品广泛应用于电机、电器等实现电能和磁能转换的场合。今年前三季度，公司实现营业收入 94.43亿元，同比微降；实现归母净利润2.15亿元，同比增长13.8%。 | 项目 | 本报告期 ...

沃尔核材（002130.SZ）11月3日在投资者互动平台表示，现就您的问题回复如下：第一，目前公司正在 量产运行的进口发泡芯线挤出机有7台，后续设备陆续到位并完成调试投产后，公司高速线产能将实现 大幅提升。第二，公司高速通信线2025年前三季度营业收入增长快速，约较去年同期增长超过300%， 占比不断提升。第三，从现有市场情况看，公司的高速通信线具有出色的高频性能、耐弯折、低成本、 高可靠性和完善的产业链配套等优势，其应用领域和市场需求具有较大空间。第四，在电子材料业务领 域，公司是热缩材料行业的龙头企业，近年来业务继续保持着稳健增长趋势；随着电子材料在核电、航 空航天、新能源汽车、医疗、低空飞行器等高端化应用和新兴领域的不断发展，将为公司电子材料业务 提供更为广阔的市场空间。 每经AI快讯，有投资者在投资者互动平台提问：公司三季报经营数据还不错，可是公司市值表现不太 好。请截止目前，公司共投产多少发泡机，三季度公司高速铜缆业务的占比是多少？公司如何看待高速 铜缆的前景？公司热缩材料现状如何？ （记者 胡玲） ...

11月3日，国光电气涨5.54%，截至发稿，报94.88元/股，成交4.20亿元，换手率4.17%，总市值102.83亿 元。 资料显示，成都国光电气股份有限公司位于四川省成都经济技术开发区(龙泉驿区)星光西路117号，成 立日期1981年10月8日，上市日期2021年8月31日，公司主营业务涉及从事真空及微波应用产品研发、生 产和销售。主营业务收入构成为：微波器件60.90%，核工业设备及部件29.97%，其他民用产品8.83%， 其他(补充)0.30%。 数据显示，国投瑞银基金旗下1只基金位居国光电气十大流通股东。国投瑞银国家安全混合A （001838）三季度新进十大流通股东，持有股数173.11万股，占流通股的比例为1.6%。根据测算，今日 浮盈赚取约862.07万元。 国投瑞银国家安全混合A（001838）成立日期2015年12月2日，最新规模28.57亿。今年以来收益 9.99%，同类排名5910/8223；近一年收益9.11%，同类排名6084/8115；成立以来收益33.45%。 国投瑞银国家安全混合A（001838）基金经理为李轩。 截至发稿，李轩累计任职时间9年340天，现任基金资产总规模4 ...

据天眼查APP显示，安徽德豪润达电气股份有限公司成立于1996年05月14日，注册资本175242.4858万 人民币。（数据宝） ST德豪再度涨停，5个交易日内录得3个涨停，累计涨幅为11.11%，累计换手率为8.24%。截至9:49，该 股今日成交量2042.14万股，成交金额5460.66万元，换手率1.17%。最新A股总市值达47.32亿元，A股流 通市值47.30亿元。 公司发布的三季报数据显示，前三季公司共实现营业收入4.87亿元，同比下降10.92%，实现净利润 9015.06万元，同比增长277.69%，基本每股收益为0.0518元，加权平均净资产收益率33.87%。 （文章来源：证券时报网） 近日该股表现 | 日期 | 当日涨跌幅（%） | 换手率（%） | 主力资金净流入（万元） | | --- | --- | --- | --- | | 2025.10.31 | -1.15 | 1.79 | -1207.84 | | 2025.10.30 | 4.84 | 1.72 | 973.19 | | 2025.10.29 | -2.75 | 1.72 | -865.90 | | 2025.10. ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company reported a revenue of 12.198 billion yuan for the first three quarters of 2025, a year-on-year decrease of 3.22%, and a net profit attributable to shareholders of 2.979 billion yuan, down 8.72% year-on-year [5] - The overall expense control is adequate, but profit margins are under pressure, with a gross margin of 42.11% for the first three quarters of 2025, down 1.01 percentage points year-on-year [5] - The company is actively promoting the development of its new energy business, establishing a comprehensive charging solution that includes home charging piles and integrated solar storage solutions [5] Financial Performance Summary - For Q3 2025, the company achieved a revenue of 4.03 billion yuan, a year-on-year decline of 4.44%, and a net profit of 919 million yuan, down 10.29% year-on-year [5] - The gross margin for Q3 2025 was 41.68%, a decrease of 1.79 percentage points year-on-year, with a net profit margin of 22.81%, down 1.49 percentage points year-on-year [5] - The company expects revenues of 16.103 billion yuan, 16.994 billion yuan, and 17.881 billion yuan for 2025, 2026, and 2027 respectively, with corresponding net profits of 3.905 billion yuan, 4.355 billion yuan, and 4.634 billion yuan [6][8] Business Development - The company is leveraging its strong product foundation in the electrical field to enter the home charging market, launching several series of home charging piles [5] - Strategic partnerships have been established with three platforms to enhance the safety, intelligence, operational efficiency, and user experience of commercial charging piles [5] - The company is expected to see stable growth in its electrical connection and smart lighting businesses, supported by international expansion and new energy market development [6]

每经AI快讯，有投资者在投资者互动平台提问：公司有哪些产品可应用于无人驾驶？ 通达股份（002560.SZ）11月3日在投资者互动平台表示，公司可研发生产新能源汽车用线缆等电气装备 线缆；全资子公司成都航飞为部分直升机、无人机等加工航空器零部件产品。无人驾驶是辅助驾驶技术 的一种，不是具体的产品应用类别。 （文章来源：每日经济新闻） ...

Core Points - The company reported a significant decline in revenue and net profit for the third quarter of 2025, primarily due to a decrease in overseas customer orders [3][4] - The stock price of the company remained stable at 4.09 yuan with a trading volume of 371,300 shares on October 31, 2025 [1] - The net inflow of main funds was 3.80 million yuan, while retail investors saw a net inflow of 6.45 million yuan on the same day [2][4] Financial Performance - The company's operating income for the third quarter was 184.18 million yuan, representing a year-on-year decrease of 38.78% [3] - The total profit for the period was a loss of 8.36 million yuan, and the net profit attributable to shareholders was a loss of 9.99 million yuan [3][4] - Year-to-date revenue was 581.62 million yuan, down 21.00% compared to the same period last year [3][4] Cash Flow and Assets - The net cash flow from operating activities for the year-to-date was 20.39 million yuan, a decrease of 67.21% compared to the previous year [3][13] - Total assets as of September 30, 2025, were 3.09 billion yuan, slightly down from 3.11 billion yuan at the end of 2024 [3][9] - The company's total liabilities were 462.20 million yuan, with total equity attributable to shareholders at 2.43 billion yuan [10] Shareholder Information - The largest shareholder, Xinyu Minjie Investment Management Co., Ltd., holds 25.06% of the shares [4][6] - The total number of ordinary shareholders at the end of the reporting period was 56,587 [6] - Zhao Shuwen and Yan Yimin are identified as acting in concert with the largest shareholder [7]

Core Viewpoint - The upcoming IPO review period from November 3 to November 7 will feature five companies aiming to raise a total of 3.812 billion yuan [1]. IPO Companies Overview - Five companies are scheduled for IPO review: - Qilong Ocean (Shandong) aims to raise 381.889 million yuan, with a net profit of 50.67 million yuan [2][5]. - Zhixin Co., Ltd. plans to raise 1.329 billion yuan, reporting a net profit of 203.964 million yuan [2][10]. - Shaanxi Tourism intends to raise 1.555 billion yuan, with a net profit of 621.578 million yuan [2][15]. - Haiseng Medical (Zhejiang) seeks to raise 370.425 million yuan, with a net profit of 70.918 million yuan [2][20]. - Guoliang New Materials (Hebei) aims to raise 175.022 million yuan, reporting a net profit of 70.965 million yuan [2][25]. Fundraising Adjustments - Guoliang New Materials reduced its fundraising target from 301 million yuan to 175 million yuan, eliminating the R&D center project and adjusting working capital needs [3]. Financial Performance - Qilong Ocean reported total assets of 432.166 million yuan and a net profit of 49.075 million yuan for the first half of 2025 [7]. - Zhixin Co., Ltd. had total assets of 427.830 million yuan and a net profit of 9.448 million yuan for the first half of 2025 [12]. - Shaanxi Tourism's total assets reached 214.426 million yuan with a net profit of 24.707 million yuan for the first half of 2025 [17]. - Haiseng Medical reported total assets of 519.449 million yuan and a net profit of 35.494 million yuan for the first half of 2025 [23]. - Guoliang New Materials had total assets of 1.520 billion yuan and a net profit of 41.497 million yuan for the first half of 2025 [26]. Investment Projects - Qilong Ocean's main investment project is the high-performance large-diameter riser pipe production project, with a total investment of 381.889 million yuan [9]. - Zhixin Co., Ltd. plans to expand its production capacity and technology for automotive welding components, with a total investment of 1.329 billion yuan [13]. - Shaanxi Tourism's investment projects include the construction of various tourism facilities, totaling 1.555 billion yuan [19]. - Haiseng Medical's investment projects focus on upgrading and expanding production capabilities for anesthesia and monitoring medical devices, with a total investment of 482.701 million yuan [24]. - Guoliang New Materials is involved in high-temperature industrial refractory materials, with a total investment of 175.022 million yuan for its projects [27].

Investment Rating - The investment rating for the company is "Buy" and is maintained [8]. Core Views - The company reported a significant revenue growth of 68.63% year-on-year for the first three quarters of 2025, with a net profit growth of 84.31% and a non-recurring net profit growth of 91.88% [2][6]. - In the third quarter alone, the company achieved a revenue of 6.648 billion yuan, representing a year-on-year increase of 56.82%, with a net profit of 546 million yuan, up 45.86% year-on-year [2][6]. - The company's electric two-wheeled vehicles generated a revenue of 4.454 billion yuan in the third quarter, marking a 71.84% increase year-on-year, with a sales volume of 1.4867 million units, up 58.56% [11]. - The gross profit margin for the third quarter reached 28.99%, an increase of 1.93 percentage points year-on-year, indicating a release of scale effects [11]. Summary by Sections Financial Performance - For the first three quarters of 2025, total revenue was 6.648 billion yuan, with a net profit of 546 million yuan and a non-recurring net profit of 486 million yuan [2][6]. - The company expects to achieve net profits of 1.975 billion, 2.570 billion, and 3.317 billion yuan for the years 2025, 2026, and 2027, respectively, with corresponding PE ratios of 22.97, 17.65, and 13.68 [11]. Business Segments - The electric two-wheeled vehicle segment is a key growth driver, with a significant increase in sales and revenue due to the transition to new national standards [11]. - Retail scooters generated 957 million yuan in revenue, a 38.10% increase year-on-year, driven by strong performance in the European market [11]. - The all-terrain vehicle segment achieved a revenue of 330 million yuan, with a sales volume of 7500 units, indicating a 27.41% year-on-year growth [11]. Cost and Margin Analysis - The company experienced a slight increase in management, research and development, and financial expense ratios, with the gross profit margin showing a positive trend [11]. - The net profit margin for the third quarter was 8.21%, reflecting a year-on-year decrease of 0.62 percentage points, but still indicating strong growth in net profits [11].

Core Insights - The company's current core strategy focuses on maximizing the operational efficiency of its factories in China and its subsidiary in Thailand, aiming to further unlock the production capacity of existing bases [1] - There are currently no production capacity plans for locations such as Mexico and Brazil [1]