Core Insights - Zhonglun New Materials Co., Ltd. has seen a stock price increase of 41.82% year-to-date, with a recent 12.95% rise over the last five trading days [1] - The company specializes in the research, production, and sales of functional BOPA films, biodegradable BOPLA films, and polyamide 6 (PA6) [1] - For the period of January to September 2025, Zhonglun New Materials reported a revenue of 1.537 billion yuan, a year-on-year decrease of 15.14%, and a net profit of 66.82 million yuan, down 42.02% year-on-year [2] Company Overview - Zhonglun New Materials was established on November 19, 2018, and is located in Xiamen, Fujian Province [1] - The company was listed on June 20, 2024, and operates primarily in the basic chemical industry, specifically in plastic film materials [1] - The revenue composition includes: general BOPA film materials (73.17%), polyamide 6 (PA6) (16.57%), new BOPA film materials (7.12%), other products (1.65%), and biodegradable BOPLA film materials (1.50%) [1] Shareholder and Market Activity - As of October 31, the number of shareholders for Zhonglun New Materials increased by 2.70% to 17,400, with an average of 7,345 circulating shares per person, a decrease of 2.63% [2] - Major shareholders include Hong Kong Central Clearing Limited, which holds 1.4012 million shares, an increase of 1.0428 million shares from the previous period [2] - The stock has a market capitalization of 12.14 billion yuan, with a trading volume of 254 million yuan and a turnover rate of 6.67% as of November 14 [1]

Core Viewpoint - Dongcai Technology's stock price has shown significant volatility, with a year-to-date increase of 145.97%, but a recent decline of 7.53% over the past five trading days [1][2]. Group 1: Stock Performance - As of November 13, Dongcai Technology's stock price reached 18.30 CNY per share, with a market capitalization of 18.632 billion CNY [1]. - The stock has experienced a trading volume of 3.89 billion CNY, with a turnover rate of 2.11% [1]. - The company has been on the "Dragon and Tiger List" three times this year, with the most recent occurrence on September 12 [1]. Group 2: Financial Performance - For the period from January to September 2025, Dongcai Technology reported a revenue of 3.803 billion CNY, reflecting a year-on-year growth of 17.18% [2]. - The net profit attributable to shareholders for the same period was 283 million CNY, marking a year-on-year increase of 19.80% [2]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders increased to 52,300, up by 60.68% from the previous period [2]. - The average number of circulating shares per shareholder decreased by 29.34% to 19,464 shares [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 19.942 million shares, an increase of 6.6923 million shares from the previous period [3]. Group 4: Business Overview - Dongcai Technology specializes in the research, development, manufacturing, and sales of new chemical materials, with a revenue composition of 28.31% from electronic materials, 27.27% from new energy materials, and 26.23% from optical film materials [1]. - The company operates within the basic chemical industry, specifically in the plastic and film materials sector, and is associated with concepts such as the Apple supply chain, flexible electronics, Huawei, NVIDIA, and OLED [2]. Group 5: Dividend Information - Since its A-share listing, Dongcai Technology has distributed a total of 1.107 billion CNY in dividends, with 317 million CNY distributed over the past three years [3].

Core Viewpoint - Pan-Asia Micro-Porous experienced a stock price decline of 2.16% on November 12, with a current price of 70.66 CNY per share, despite a year-to-date increase of 204.98% [1] Company Overview - Jiangsu Pan-Asia Micro-Porous Technology Co., Ltd. was established on November 8, 1995, and went public on October 16, 2020. The company specializes in the research, production, and sales of expanded polytetrafluoroethylene (ePTFE) membranes and other micro-porous materials [1] - The company's revenue composition includes: ePTFE micro-porous products (35.76%), CMD (14.94%), seals (13.74%), aerogels (11.07%), gas management products (9.18%), sound insulation products (6.63%), water-blocking membranes (5.01%), wiring harnesses (2.98%), and others (0.69%) [1] Financial Performance - For the period from January to September 2025, Pan-Asia Micro-Porous achieved a revenue of 500 million CNY, representing a year-on-year growth of 42.04%. The net profit attributable to shareholders was 90.71 million CNY, with a year-on-year increase of 36.17% [2] - The company has distributed a total of 112 million CNY in dividends since its A-share listing, with 77 million CNY distributed over the past three years [2] Shareholder Information - As of September 30, 2025, the number of shareholders for Pan-Asia Micro-Porous was 4,035, a decrease of 2.18% from the previous period. The average number of circulating shares per shareholder increased by 2.23% to 22,552 shares [2] - Among the top ten circulating shareholders, XINGQUAN He Yuan Two-Year Holding Mixed A (011338) is the seventh largest shareholder with 1.3349 million shares, while Huatai-PineBridge Growth Focus Mixed (519068) is the eighth largest with 1.3273 million shares, having increased its holdings by 117,700 shares compared to the previous period [2]

Core Viewpoint - The stock of Zhejiang Dazhongnan Co., Ltd. has experienced fluctuations, with a year-to-date increase of 54.44%, while facing a recent decline of 2.05% on November 12, 2023 [1] Company Overview - Zhejiang Dazhongnan Co., Ltd. was established on June 8, 2000, and listed on July 28, 2008. The company specializes in the research, production, and sales of plastic films and new materials [1] - The main business revenue composition includes: BOPP (capacitor film) 33.84%, BOPET film 33.43%, optical film 19.62%, others 6.74%, and CPP film 6.36% [1] Financial Performance - For the period from January to September 2025, the company achieved operating revenue of 939 million yuan, a year-on-year decrease of 3.83%. However, the net profit attributable to the parent company was 12.06 million yuan, showing a significant year-on-year increase of 158.98% [2] - Cumulative cash dividends since the A-share listing amount to 172 million yuan, with no dividends distributed in the past three years [3] Shareholder Information - As of October 31, 2023, the number of shareholders is 124,700, a decrease of 2.16% from the previous period, with an average of 15,067 circulating shares per person, an increase of 2.21% [2] - As of September 30, 2025, Hong Kong Central Clearing Limited is the second-largest circulating shareholder, holding 14.65 million shares as a new shareholder [3] Market Activity - On November 12, 2023, the stock price was 3.83 yuan per share, with a trading volume of 58.27 million yuan and a turnover rate of 0.80%. The total market capitalization is 7.194 billion yuan [1] - The stock has appeared on the "Dragon and Tiger List" eight times this year, with the most recent appearance on July 11, 2023, where the net buying was -13.87 million yuan [1]

新华财经北京11月12日电（记者翟卓、郝菁、王钊）从厚度只有发丝直径1/4却难以撕破的新能源膜， 到最快三个月便可降解为水和二氧化碳的生物降解膜，再到能够大幅提升食品保质期的功能膜材，中仑 新材已逐步成长为新型膜材细分领域的全球"隐形冠军"。 面向未来，中仑新材董事长杨清金表示，将坚守创新等核心竞争力，围绕新兴领域加码研发，在努力提 升盈利水平的同时助力加速国产替代进程。 从三大核心竞争力 看"隐形冠军"长成记 根据行业自律组织中国包装联合会数据，中仑新材子公司厦门长塑的聚酰胺双向拉伸薄膜产品已连续多 年全球市场占有率超20%。 但就在三十多年前，中仑新材还只是一家从事普通材料贸易的初创企业，谈及快速成长的秘诀，杨清金 将其归纳为自主创新、产业链运营以及全球化战略布局三大能力。 其次在运营方面，在原材料领域取得一定积累后，中仑新材又将目光转移到整个产业链，并率先打造了 从上游原材料PA6到下游功能性膜材BOPA（双向拉伸尼龙薄膜）的一体化产业链。 "一体化运营不仅能有效降低生产成本，保障原材料稳定供应，还显著提升了上下游创新频率和效率。 以泉州生产基地为例，BOPA产线与PA6生产基地毗邻而建，产业'隔墙效应 ...

Core Viewpoint - Foshan Plastics Technology Co., Ltd. has experienced significant stock price growth this year, with a 79.34% increase, indicating strong market performance and investor interest [2]. Financial Performance - For the period from January to September 2025, the company achieved a revenue of 1.662 billion yuan, representing a year-on-year growth of 1.57% [2]. - The net profit attributable to the parent company was 83.919 million yuan, showing a year-on-year increase of 0.83% [2]. - The company has distributed a total of 798 million yuan in dividends since its A-share listing, with 140 million yuan distributed over the past three years [3]. Stock Market Activity - On November 12, the stock price fell by 2.04%, trading at 10.59 yuan per share, with a total market capitalization of 10.245 billion yuan [1]. - The stock has seen a trading volume of 252 million yuan and a turnover rate of 2.38% [1]. - Major funds experienced a net outflow of 17.6393 million yuan, with large orders showing mixed buying and selling activity [1]. Shareholder Information - As of October 31, the number of shareholders was 76,300, a decrease of 1.26% from the previous period, with an average of 12,682 circulating shares per shareholder, an increase of 1.28% [2]. - Hong Kong Central Clearing Limited is the third-largest circulating shareholder, having acquired 11.7494 million shares as a new shareholder [3]. Business Overview - The company specializes in the production and sales of various advanced polymer functional films, with its main revenue sources being: biaxially oriented films (36.69%), protective materials (19.68%), and barrier materials (15.66%) [2]. - Foshan Plastics Technology is classified under the basic chemicals-plastics-film materials industry and is involved in several concept sectors, including antibacterial fabrics and solar energy [2].

Core Viewpoint - The stock of Doushan New Materials has shown a positive trend with a 9.60% increase year-to-date and a 2.11% rise on November 11, reflecting investor interest and market activity [1][2]. Financial Performance - For the period from January to September 2025, Doushan New Materials reported a revenue of 3.893 billion yuan, a year-on-year decrease of 10.16%. However, the net profit attributable to shareholders was -223 million yuan, showing a growth of 2.11% compared to the previous year [2]. - Cumulatively, the company has distributed 1.46 billion yuan in dividends since its A-share listing, with 299 million yuan distributed over the last three years [3]. Stock Market Activity - As of November 11, the stock price was 5.82 yuan per share, with a market capitalization of 6.642 billion yuan. The trading volume was 47.1499 million yuan, with a turnover rate of 0.92% [1]. - The stock has experienced a net inflow of 2.5297 million yuan from main funds, with significant buying activity from large orders [1]. Shareholder Information - As of October 31, the number of shareholders increased to 57,600, with an average of 15,395 circulating shares per person, a slight decrease of 0.39% [2]. - Hong Kong Central Clearing Limited is the fourth-largest circulating shareholder, holding 12.5839 million shares, a decrease of 11.1934 million shares from the previous period [3]. Business Overview - Doushan New Materials, established on December 24, 1997, and listed on June 2, 2011, specializes in the research, production, and sales of polymer new materials. Its main revenue sources include optical materials film (45.06%), polyester functional film (38.36%), and other specialized films [1].

Core Viewpoint - Dongcai Technology's stock price has seen significant fluctuations, with a year-to-date increase of 163.84%, but a recent decline of 2.05% on November 10, indicating potential volatility in the market [1]. Company Overview - Dongcai Technology, established on December 26, 1994, and listed on May 20, 2011, is located in Chengdu, Sichuan Province. The company specializes in the research, development, manufacturing, and sales of new chemical materials [1]. - The company's revenue composition includes: electronic materials (28.31%), new energy materials (27.27%), optical film materials (26.23%), electrical insulation materials (9.13%), and other materials [1]. Financial Performance - For the period from January to September 2025, Dongcai Technology achieved a revenue of 3.803 billion yuan, representing a year-on-year growth of 17.18%. The net profit attributable to shareholders was 283 million yuan, reflecting a year-on-year increase of 19.80% [2]. - The company has distributed a total of 1.107 billion yuan in dividends since its A-share listing, with 317 million yuan distributed over the past three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders increased to 52,300, a rise of 60.68% from the previous period. The average circulating shares per person decreased by 29.34% to 19,464 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 19.942 million shares, an increase of 6.6923 million shares compared to the previous period [3]. Market Activity - Dongcai Technology's stock has appeared on the "Dragon and Tiger List" three times this year, with the most recent appearance on September 12 [1]. - The stock experienced a trading volume of 136 million yuan on November 10, with a turnover rate of 0.67% [1].

Group 1: Product Lifecycle and Collaboration - The industrial membrane product replacement cycle is typically three years under stable operating conditions, but can be shortened due to upstream system abnormalities [2] - The company is actively expanding business cooperation with Longyuan Environmental Protection to promote domestic product application within the National Energy Group [2] - The company is responding to the national policy advocating for the localization of key materials, seizing market opportunities for domestic products, and enhancing its competitive edge [2] Group 2: Membrane Separation Engineering Business - The membrane separation engineering business allows the company to better understand market demands, develop new membrane technology applications, and promote innovation in membrane products [3] - Undertaking model engineering projects will further facilitate the expansion of the membrane materials market [3] - The company remains optimistic about the future development of this business segment, particularly in relation to the circular economy [3]

Core Viewpoint - Dongcai Technology's stock price has shown significant volatility, with a year-to-date increase of 159.95% but a recent decline over the past five and twenty trading days [1][2]. Group 1: Stock Performance - As of November 6, Dongcai Technology's stock price reached 19.34 CNY per share, with a market capitalization of 19.69 billion CNY [1]. - The stock experienced a net inflow of 15.34 million CNY from main funds, with large orders accounting for 25.07% of purchases and 22.04% of sales [1]. - The stock has been on the "龙虎榜" three times this year, with the latest occurrence on September 12 [1]. Group 2: Financial Performance - For the period from January to September 2025, Dongcai Technology reported a revenue of 3.803 billion CNY, reflecting a year-on-year growth of 17.18% [2]. - The net profit attributable to shareholders for the same period was 283 million CNY, marking a year-on-year increase of 19.80% [2]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders increased to 52,300, a rise of 60.68% compared to the previous period [2]. - The average number of circulating shares per shareholder decreased by 29.34% to 19,464 shares [2]. - The total cash dividends distributed by Dongcai Technology since its A-share listing amount to 1.107 billion CNY, with 317 million CNY distributed in the last three years [3].