Core Viewpoint - The engineering consulting services sector experienced a decline of 0.6% on November 14, with significant losses led by Taiji Industrial. The Shanghai Composite Index closed at 3990.49, down 0.97%, while the Shenzhen Component Index closed at 13216.03, down 1.93% [1] Sector Performance - The following companies in the engineering consulting services sector showed notable performance: - Zhongda An (300635) closed at 16.65, up 6.87% with a trading volume of 91,000 shares and a transaction value of 149 million yuan - Jianfa Hecheng (603909) closed at 12.29, up 3.98% with a trading volume of 114,500 shares and a transaction value of 140 million yuan - Zhaobiao Co. (301136) closed at 14.68, up 3.23% with a trading volume of 356,300 shares and a transaction value of 523 million yuan - Kuan She Co. (603458) closed at 8.86, up 2.07% with a trading volume of 95,500 shares and a transaction value of 84.19 million yuan - Jiangtu Chuan Province (300492) closed at 68.13, up 1.87% with a trading volume of 14,100 shares and a transaction value of 96.22 million yuan - Youan Design (300983) closed at 25.39, up 1.76% with a trading volume of 29,700 shares and a transaction value of 75.75 million yuan - Zhongheng Design (603017) closed at 10.21, up 1.69% with a trading volume of 80,700 shares and a transaction value of 82.33 million yuan - Jianke Institute (300675) closed at 17.61, up 1.62% with a trading volume of 78,200 shares and a transaction value of 137 million yuan - Shenzhen Ruijie (300977) closed at 66.61, up 1.58% with a trading volume of 26,800 shares and a transaction value of 53.66 million yuan - Qidi Design (300500) closed at 14.56, up 1.18% with a trading volume of 45,600 shares and a transaction value of 66.45 million yuan [1] Capital Flow - The engineering consulting services sector saw a net outflow of 526 million yuan from major funds, while retail investors contributed a net inflow of 500 million yuan. Speculative funds recorded a net inflow of 26.34 million yuan [1]

证券日报网讯 甘咨询11月13日在互动平台回答投资者提问时表示，公司应收账款清收工作已取得一定 成效，公司将进一步完善应收账款清收机制，开展长期挂账应收账款专项清理工作，分类施策，通过专 责清欠、诉讼等措施加大应收账款清收力度，管控应收账款风险。 （编辑 王雪儿） ...

Core Insights - The engineering consulting services sector saw a slight increase of 0.12% on November 13, with Hualan Group leading the gains [1] - The Shanghai Composite Index closed at 4029.5, up 0.73%, while the Shenzhen Component Index closed at 13476.52, up 1.78% [1] Stock Performance - Hualan Group (301027) closed at 19.85, with a rise of 8.59% and a trading volume of 228,700 shares, amounting to a transaction value of 444 million yuan [1] - Other notable performers included: - Zhaobiao Co. (301136) at 14.22, up 3.80% [1] - Huayang International (002949) at 14.93, up 1.91% [1] - Youan Design (300983) at 24.95, up 1.51% [1] Capital Flow - The engineering consulting services sector experienced a net outflow of 209 million yuan from institutional investors, while retail investors saw a net inflow of 168 million yuan [2] - The sector's overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors increased their positions [2][3] Individual Stock Capital Flow - Notable net inflows from retail investors included: - Shanshui Bide (300844) with a retail net inflow of 1.17 million yuan [3] - Tongji Technology (600846) with a retail net inflow of 731,830 yuan [3] - Conversely, significant net outflows from institutional investors were observed in: - Huatu Shanding (300492) with a net outflow of 1.43 million yuan [3] - Jianyan Design (301167) with a net outflow of 459,910 yuan [3]

每经AI快讯，有投资者在投资者互动平台提问：请问公司是否有水利业务？ （文章来源：每日经济新闻） 招标股份（301136.SZ）11月13日在投资者互动平台表示，公司专注于工程咨询业务数十年，业务覆盖 公路、水运、建筑、市政、水利水电、自然资源、海洋、机电安装、农林等多个领域。 ...

Core Insights - The engineering consulting services sector experienced a slight increase of 0.14% on November 12, with Shanshui Bide leading the gains [1] - The Shanghai Composite Index closed at 4000.14, down 0.07%, while the Shenzhen Component Index closed at 13240.62, down 0.36% [1] Performance Summary - Shanshui Bide (300844) closed at 53.30, up 6.22% with a trading volume of 24,800 and a transaction value of 129 million [1] - Hualan Group (301027) closed at 18.28, up 6.16% with a trading volume of 153,800 and a transaction value of 277 million [1] - Other notable performers include Huatu Shanding (300492) at 66.56, up 2.72%, and Tongji Technology (600846) at 14.75, also up 2.72% [1] Fund Flow Analysis - The engineering consulting services sector saw a net outflow of 34.86 million from institutional investors and 27.34 million from retail investors, while individual investors contributed a net inflow of 62.20 million [2] - Major stocks like Taiji Industry (600667) had a net inflow of 171 million from institutional investors, while Hualan Group (301027) saw a net inflow of 30.48 million [3] - Conversely, Suzhou Planning (301505) experienced a significant decline of 5.03% with a trading volume of 41,100 and a transaction value of 96.88 million [2]

11月11日，招标股份跌2.86%，成交额3.14亿元。两融数据显示，当日招标股份获融资买入额3122.26万 元，融资偿还2940.09万元，融资净买入182.17万元。截至11月11日，招标股份融资融券余额合计1.21亿 元。 截至9月30日，招标股份股东户数1.42万，较上期减少8.62%；人均流通股19362股，较上期增加9.44%。 2025年1月-9月，招标股份实现营业收入3.14亿元，同比减少4.03%；归母净利润718.27万元，同比增长 476.01%。 分红方面，招标股份A股上市后累计派现5724.26万元。近三年，累计派现2972.21万元。 融资方面，招标股份当日融资买入3122.26万元。当前融资余额1.21亿元，占流通市值的3.10%，融资余 额超过近一年90%分位水平，处于高位。 融券方面，招标股份11月11日融券偿还0.00股，融券卖出0.00股，按当日收盘价计算，卖出金额0.00 元；融券余量0.00股，融券余额0.00元，超过近一年90%分位水平，处于高位。 资料显示，福建省招标股份有限公司位于福建省福州市鼓楼区洪山园路68号，成立日期2016年12月8 日，上市日期202 ...

Summary of Key Points Core Viewpoint The Beijing Stock Exchange (BSE) has seen a decrease in trading volume and value over the past week, with a total of 282 listed companies as of November 9, 2025. The market is also witnessing new listings and ongoing IPO activities, indicating a dynamic but challenging environment for investors. Trading Activity - As of November 9, 2025, the BSE has 282 listed companies with a total share capital of 39.225 billion shares and a circulating share capital of 25.056 billion shares [2] - For the week of November 3 to November 9, the trading volume was 4.925 billion shares, a decrease of 17.24% week-on-week, while the trading value was 1136.16 billion yuan, down 21.40% from the previous week [3] - The average trading price during this period was 23.07 yuan, reflecting a decrease of 5.03% [3] - The BSE 50 Index fell by 3.79% to 1522.73 points, with 9 stocks rising and 41 stocks declining [3] New Listings and IPOs - Two companies successfully listed on the BSE during the week of November 3 to November 9, 2025 [7] - The newly listed companies include: - **Danna (Tianjin) Biotechnology Co., Ltd.**: Listed on November 3, 2025, with a first-day trading surge of 497.08% and a closing price of 102.10 yuan [8][10] - **Zhongcheng Consulting Group Co., Ltd.**: Listed on November 7, 2025, with a first-day increase of 170.08% and a closing price of 35.60 yuan [13][30] - Both companies aim to raise approximately 1.37 billion yuan for various projects, including R&D and infrastructure [10][30] Financial Performance of Newly Listed Companies - **Danna Biotechnology**: - Revenue for 2022-2024: 295 million yuan, 237 million yuan, 240 million yuan; Net profit: 44.62 million yuan, 77.60 million yuan, 87.19 million yuan [10] - 2025 H1 revenue decreased by 1.38% to 116 million yuan, while net profit increased by 29.55% to 49.96 million yuan [11] - **Zhongcheng Consulting**: - Revenue for 2022-2024: 303 million yuan, 368 million yuan, 396 million yuan; Net profit: 64.36 million yuan, 81.06 million yuan, 105 million yuan [13] - 2025 H1 revenue decreased by 4.08% to 191 million yuan, and net profit decreased by 2.66% to 53.29 million yuan [14] Ongoing IPO Activities - As of November 9, 2025, there are 104 companies awaiting approval for listing on the BSE, with various stages of the IPO process [6] - Two companies submitted registration during the week, while three companies passed the listing committee meetings [25][26] - Notable companies that passed the listing committee include: - **Qilong Ocean**: Engaged in oil drilling equipment manufacturing, aiming to raise 382 million yuan [27] - **Haiseng Medical**: Focused on medical device manufacturing, seeking to raise 370 million yuan [30] - **Guoliang New Materials**: Specializing in refractory materials, aiming to raise 175 million yuan [33] Market Dynamics - The BSE is experiencing fluctuations in trading activity and new listings, reflecting both opportunities and challenges in the current market environment [3][6][25]

Core Insights - The engineering consulting services sector experienced a decline of 0.3% on November 11, with Tai Chi Industrial leading the drop [1] - The Shanghai Composite Index closed at 4002.76, down 0.39%, while the Shenzhen Component Index closed at 13289.0, down 1.03% [1] Sector Performance - Notable gainers in the engineering consulting services sector included: - Jian Ke Yuan (300675) with a closing price of 17.83, up 4.27% and a trading volume of 122,100 shares, totaling 216 million yuan [1] - Su Jiao Ke (300284) closed at 8.64, up 2.73% with a trading volume of 281,800 shares, totaling 243 million yuan [1] - Suzhou Planning (301505) closed at 24.45, up 2.56% with a trading volume of 38,800 shares, totaling 94.41 million yuan [1] - Major decliners included: - Tai Chi Industrial (600667) closed at 9.48, down 4.53% with a trading volume of 2,395,800 shares, totaling 2.34 billion yuan [2] - China Ruilin (603257) closed at 65.21, down 3.06% with a trading volume of 20,200 shares, totaling 133 million yuan [2] - Zhibiao Co. (301136) closed at 14.24, down 2.86% with a trading volume of 220,800 shares, totaling 314 million yuan [2] Capital Flow - The engineering consulting services sector saw a net outflow of 267 million yuan from institutional investors, while retail investors experienced a net inflow of 149 million yuan [2] - Key individual stock capital flows included: - Su Jiao Ke (300284) had a net inflow of 30.88 million yuan from institutional investors, but a net outflow of 26.68 million yuan from retail investors [3] - Shen Cheng Jiao (301091) saw a net inflow of 20.64 million yuan from institutional investors, with a net outflow of 23.43 million yuan from retail investors [3] - Matrix Co. (301365) had a net inflow of 20.13 million yuan from institutional investors, but a net outflow of 25.66 million yuan from retail investors [3]

Core Points - The company held its second extraordinary general meeting of shareholders on November 10, 2025, with no resolutions being rejected [2][3] - The meeting was convened in accordance with the Company Law and the company's articles of association, with all board members present [2][5] Group 1: Meeting Details - The meeting took place at the Jinshan Wealth Plaza in Xiamen, China [2] - All nine directors attended the meeting, along with the board secretary and some senior executives [4] Group 2: Resolutions and Voting - The proposal to reappoint the accounting firm was approved, requiring more than half of the valid voting shares present at the meeting [3] - The voting process complied with legal and regulatory requirements [5] Group 3: Guarantee Announcement - The company signed a guarantee contract with China Construction Bank, providing a joint liability guarantee for 70% of the principal debt owed by its subsidiary, Heceng (Xiamen) Construction Co., Ltd., amounting to 70 million yuan [7][11] - The guarantee period extends three years after the debt is due [11] Group 4: Internal Decision-Making - The board and supervisory meetings held on March 21, 2025, and the annual general meeting on April 11, 2025, approved the proposal for mutual guarantees among the company and its subsidiaries, with a total guarantee limit of 890 million yuan [9][14] - The new guarantee falls within the previously approved limit and does not require additional approval [11] Group 5: Financial Position - As of the announcement date, the total guarantees provided by the company and its subsidiaries amounted to 280 million yuan, representing 26.06% of the company's audited net assets as of December 31, 2024 [15]

Core Viewpoint - Zhongcheng Zhixin Engineering Consulting Group Co., Ltd. has successfully listed on the Beijing Stock Exchange, raising a total of 200 million yuan through the issuance of 14 million shares at a price of 14.27 yuan per share, with a total share capital of 64.7143 million shares post-issuance [2]. Business Overview - The company focuses on providing professional technical services and comprehensive consulting services in engineering cost, bidding agency, project supervision and management, BIM services, and engineering design, leveraging a strong technical team and extensive project experience [4][5]. - Zhongcheng Zhixin has been recognized as an innovative small and medium-sized enterprise in Jiangsu Province and has received multiple accolades for its contributions to the engineering consulting industry [4]. Financial Performance - In 2024, the company achieved a revenue of 396 million yuan and a net profit of 105 million yuan [2]. - As of June 30, 2025, the company's total current assets amounted to approximately 590.55 million yuan, with cash and cash equivalents of about 64.66 million yuan and accounts receivable of approximately 214.94 million yuan [7]. Fundraising and Investment Projects - The total amount raised from the public offering will be allocated to projects related to the company's main business, including the construction of an engineering consulting service network and R&D and information technology projects, with a total investment of approximately 199.89 million yuan [8][9]. - The company has established a fundraising management system to ensure the proper use and management of the raised funds, which will be stored in a designated account [10].