Core Points - Shanghai Kunjin Machinery Equipment Co., Ltd. has been established with a registered capital of 3 million RMB [1] - The legal representative of the company is Liu Bingyang [1] - The company’s business scope includes sales of various machinery and equipment, including intelligent port handling equipment and mining machinery [1] Business Scope - General projects: machinery equipment sales, intelligent port handling equipment sales, mining machinery sales, intelligent basic manufacturing equipment sales, special equipment sales, and mechanical and electrical equipment sales [1] - Wholesale and retail of hardware products, electrical equipment sales, and sales of instruments and meters [1] - Sales of mechanical parts and components, electronic products, metal materials, and wire and cable operations [1] Services Offered - Installation services for general machinery equipment, maintenance of electronic and mechanical equipment (excluding special equipment), and repair services for specialized and general equipment [1] - Machinery equipment leasing, technical services, development, consulting, exchange, transfer, and promotion [1] - Import and export of technology and goods [1]

Core Insights - Tangshan Carbo-zheng Machinery Equipment Co., Ltd. has been established with a registered capital of 100,000 RMB [1] Company Overview - The legal representative of the company is Zhang Qingguo [1] - The company operates in various sectors including agricultural machinery sales, hardware retail, installation and maintenance of agricultural machinery, and sales of machinery parts [1] Business Scope - The business scope includes sales of coal and its products, construction materials, machinery equipment, petroleum products (excluding hazardous chemicals), and various metal and non-metal products [1] - Additional services offered include mineral resource reserve assessment, safety consulting, and information technology consulting [1] - The company is also involved in advertising services, including design, agency, and production [1]

Core Points - The company held its third meeting of the ninth board of directors on November 27, 2025, where several resolutions were passed, including changes to the business scope and adjustments to the organizational structure [1][2][30] - A special resolution regarding the changes will be submitted to the third extraordinary general meeting of shareholders scheduled for December 16, 2025 [2][3][7] Business Scope Changes - The company approved changes to its business scope, which includes the design and manufacturing of special equipment, vehicle production, and various machinery and technology services [6][30] - The revised business scope will include new items such as lubricating oil sales and processing, while maintaining existing services [6][30] Organizational Structure Adjustments - The company approved adjustments to its organizational structure aimed at enhancing strategic direction and operational efficiency [30] - The adjustments are intended to streamline internal management and improve operational effectiveness without affecting the core business or major personnel changes [30] Shareholder Meeting Details - The third extraordinary general meeting of shareholders will be held on December 16, 2025, with both on-site and online voting options available [10][11][12] - The meeting will address the resolutions passed by the board, including the changes to the business scope and organizational structure [10][15]

Market Overview - The Shanghai Composite Index fell by 1.67% this month, with 171 stocks reaching historical highs [1] - Among the tradable A-shares this month, 1,961 stocks increased in price, accounting for 35.96%, while 3,468 stocks decreased, making up 63.60% [2] Historical Highs - A total of 171 stocks reached historical highs this month, with 93 from the main board, 43 from the ChiNext, 27 from the Sci-Tech Innovation Board, and 8 from the Beijing Stock Exchange [2] - The average increase for stocks that reached historical highs was 14.63%, with the largest increase being 143.31% for HeFu China [2] Sector Performance - The sectors with the most stocks reaching historical highs included power equipment (29 stocks), electronics (25 stocks), and machinery (23 stocks) [2] - The average closing price of stocks that reached historical highs was 57.25 yuan, with 22 stocks priced over 100 yuan and 35 stocks priced between 50 and 100 yuan [2] Market Capitalization - The average total market capitalization of stocks reaching historical highs was 64.42 billion yuan, with an average circulating market capitalization of 59.44 billion yuan [3] - Major companies with high total market capitalization included Agricultural Bank of China (256.67 billion yuan), Industrial and Commercial Bank of China (218.66 billion yuan), and Bank of China (144.82 billion yuan) [3] Institutional Activity - 60 stocks that reached historical highs saw institutional involvement, with 30 stocks experiencing net purchases [3] - The top net purchase was for Saiwei Electronics, amounting to 1.207 billion yuan, followed by Sanxiang New Materials and Shikong Technology [3] Notable Stocks - Notable stocks that reached historical highs include: - HeFu China: Closing price 23.82 yuan, monthly increase 143.31%, turnover rate 323.96% [2] - Hua Sheng Lithium: Closing price 111.80 yuan, monthly increase 132.48%, turnover rate 283.67% [2] - Ping Gao Co.: Closing price 81.83 yuan, monthly increase 132.47%, turnover rate 140.44% [2]

沪指本周上涨1.40%，其中，61股成交活跃，周换手率超过100%。 证券时报·数据宝统计显示，本周共有61只个股换手率超过100%；换手率在50%~100%的有245只；换手 率在10%~50%的有2146只。分行业看，本周换手率100%以上个股中，传媒行业个股最多，有10只个股 上榜；计算机、医药生物等紧随其后，分别有9只、6只个股上榜。 南网数字是本周换手率最高的个股，一周换手率为250.30%，一周股价上涨11.35%，该股本周因日换手 率达30%、日收盘价涨幅达15%等4次登陆龙虎榜，买卖居前营业部中，机构专用席位净买入3363.85万 元，营业部累计净买入1.04亿元。资金流向上，该股本周主力资金净流出1.44亿元。 其次是大鹏工业，一周换手率为247.26%，一周股价下跌50.17%，该股本周因日换手率达20%、最近3个 有成交的交易日以内收盘价涨跌幅偏离值累计达到+40%(-40%)等4次登陆龙虎榜，买卖居前营业部中， 机构专用席位净买入1037.38万元，营业部累计净卖出3941.84万元。资金流向上，该股本周主力资金净 卖出3941.84万元。 榕基软件本周换手率233.77%，位居榜单第 ...

11月28日，A股市场整体上涨。 截至收盘，上证指数收报3888.6点，上涨0.34%，深证成指收报12984.08点，上涨0.85%，创业板指收报3052.59点，上涨0.7%，北证50指数上涨0.39%。A 股市场合计成交15978.6亿元，较上一交易日减少1254.57亿元。 1. A股市场全天主力资金净流入68.25亿元 今日A股市场主力资金开盘净流出61.72亿元，尾盘主力资金净流入40.1亿元，A股市场全天主力资金净流入68.25亿元。 | | | 沪深两市近五日主力资金流向情况(亿元) | | | | --- | --- | --- | --- | --- | | 日期 | | | 净流入金额 开盘净流入 尾盘净流入 超大单净买入 | | | 2025-11-28 | 68. 25 | -61.72 | 40. 10 | 92. 02 | | 2025-11-27 | -186. 22 | -37.77 | -49.42 | -81. 47 | | 2025-11-26 | -110. 12 | -71. 22 | -15.41 | 20. 13 | | 2025-11-25 | 88. 12 ...

Core Points - The One Belt One Road Index (399991) closed at 2752.77 points, up 0.71%, with a trading volume of 98.274 billion yuan and a turnover rate of 0.58% [1] - Among the index constituents, 66 stocks rose, with Jerry Holdings leading at a 10.0% increase, while 19 stocks fell, with Zhongji Xuchuang leading the decline at 1.81% [1] Index Constituents Summary - The top ten constituents of the One Belt One Road Index include: - Zhongji Xuchuang (4.03% weight) at 514.50 yuan, down 1.81% [1] - Yingmei Holdings (3.30% weight) at 28.58 yuan, down 0.07% [1] - Luoyang Jiyie (3.20% weight) at 16.23 yuan, up 1.76% [1] - China Petroleum (3.15% weight) at 9.75 yuan, down 1.02% [1] - TBEA (3.08% weight) at 21.80 yuan, up 1.96% [1] - Xinyi Sheng (3.08% weight) at 347.80 yuan, up 2.05% [1] - ZTE Corporation (2.88% weight) at 42.09 yuan, down 0.50% [1] - SANY Heavy Industry (2.73% weight) at 20.32 yuan, up 0.94% [1] - China Xiongzhu (2.70% weight) at 5.20 yuan, down 0.76% [1] - Wanhua Chemical (2.69% weight) at 67.12 yuan, up 1.85% [1] Capital Flow Analysis - The One Belt One Road Index constituents experienced a net outflow of 173 million yuan from main funds, while retail investors saw a net inflow of 135 million yuan [3] - Notable capital flows include: - Xinyi Sheng with a net inflow of 63.2 million yuan from main funds [3] - Tanfeng Communication with a net inflow of 42.5 million yuan from main funds [3] - Zijin Mining with a net inflow of 15.1 million yuan from main funds [3] - Luoyang Jiyie with a net inflow of 13 million yuan from main funds [3] - China Shipbuilding with a net inflow of 129 million yuan from main funds [3]

Core Viewpoint - The company Lijun Co., Ltd. has signed a sales contract with GRANDWAY, involving the provision of design, technical services, and equipment for a mineral processing plant, with a total contract value of approximately $57.61 million [1] Group 1: Contract Details - The contract is between Lijun Holdings (Singapore) Private Limited, a wholly-owned subsidiary of Lijun Co., Ltd., and GRANDWAY [1] - Lijun Holdings is responsible for the overall design and technical services of the mineral processing plant, including the supply of high-pressure roller mills and other necessary equipment [1] - The total contract amount is $57.607728 million [1]

Group 1 - A total of 19 stocks received buy ratings from institutions today, with the highest attention on Jerry Holdings, which received two buy ratings [1] - Five stocks were given future target prices, with Silver Wheel Holdings showing the highest upside potential of 32.32%, as predicted by Dongfang Securities [1] - The average increase for stocks with buy ratings today was 1.94%, outperforming the Shanghai Composite Index, with notable gainers including New Ray Energy and Zhongkuang Resources [1] Group 2 - The power equipment industry was the most favored, with stocks like CATL and New Ray Energy making the buy rating list [2] - The table of institutional buy ratings includes stocks such as Jerry Holdings, Silver Wheel Holdings, and others, with target prices provided for some [2] - New Ray Energy and other stocks in the non-ferrous metals and machinery equipment sectors also received attention from institutions [2]

Group 1 - In the past month, 52 companies listed on the Beijing Stock Exchange (BSE) were investigated by institutions, with Naconor being the most notable, receiving attention from 91 institutions [1] - The types of institutions conducting the investigations include 51 brokerages, 39 funds, 27 private equity firms, 21 insurance companies, and 9 overseas institutions [1] - The companies investigated belong to 14 different industries, with a concentration in machinery equipment, automotive, and power equipment, having 12, 10, and 5 companies respectively [1] Group 2 - The average stock price of the investigated BSE companies fell by 7.17% over the past month, with only 7 stocks experiencing price increases [2] - Among the stocks that increased, Hongxi Technology, Dadi Electric, and Rongyi Precision saw gains of 23.01%, 12.06%, and 10.13% respectively [2] - The average market capitalization of all BSE companies is 2.959 billion yuan, while the average market capitalization of the investigated companies is 3.652 billion yuan [2] Group 3 - The most frequently investigated companies include Yichang Mogu, Zhongyu Technology, and Yuanhang Precision, each receiving 3 investigations [1] - Other companies like Xingtum Control, Jianbang Technology, and Tonghui Electronics were investigated 2 times [1] - The detailed list of companies investigated includes Naconor, Xingtum Control, Jianbang Technology, and others, with their respective investigation counts and stock performance [2][3][4]