资金流向方面，主力资金净流出2.07亿元，特大单买入3.48亿元，占比15.43%，卖出4.44亿元，占比 19.68%；大单买入5.36亿元，占比23.75%，卖出6.47亿元，占比28.67%。 剑桥科技今年以来股价涨178.62%，近5个交易日涨14.67%，近20日涨9.06%，近60日涨18.25%。 今年以来剑桥科技已经9次登上龙虎榜，最近一次登上龙虎榜为10月9日，当日龙虎榜净买入5338.10万 元；买入总计11.45亿元 ，占总成交额比19.80%；卖出总计10.92亿元 ，占总成交额比18.88%。 11月28日，剑桥科技盘中上涨2.03%，截至11:22，报112.38元/股，成交22.56亿元，换手率7.45%，总市 值396.31亿元。 责任编辑：小浪快报 截至9月30日，剑桥科技股东户数6.70万，较上期减少0.64%；人均流通股3999股，较上期增加0.64%。 2025年1月-9月，剑桥科技实现营业收入33.60亿元，同比增长21.57%；归母净利润2.59亿元，同比增长 70.88%。 分红方面，剑桥科技A股上市后累计派现1.63亿元。近三年，累计派现1.15亿元。 机构持仓 ...

Core Viewpoint - Guanghetong's stock price has shown significant fluctuations, with a year-to-date increase of 35.45% and a recent decline over the past 60 days of 21.28% [1][2] Group 1: Stock Performance - As of November 28, Guanghetong's stock price rose by 2.05% to 26.82 CNY per share, with a trading volume of 2.91 billion CNY and a turnover rate of 2.06%, resulting in a total market capitalization of 241.52 billion CNY [1] - The stock has experienced a net outflow of 19.79 million CNY from main funds, with large orders showing a buy of 63.91 million CNY and a sell of 69.40 million CNY [1] - The stock has appeared on the "Dragon and Tiger List" once this year, with a net buy of 143 million CNY on January 21 [1] Group 2: Company Overview - Guanghetong, established on November 11, 1999, and listed on April 13, 2017, is based in Shenzhen, China, focusing on wireless communication modules and related solutions [2] - The company's main revenue source is wireless communication modules, accounting for 99.38% of total revenue, with other services contributing 0.62% [2] - As of September 30, the number of shareholders decreased by 3.54% to 79,500, with an average of 6,703 circulating shares per person, an increase of 3.67% [2] Group 3: Financial Performance - For the period from January to September 2025, Guanghetong reported a revenue of 5.366 billion CNY, a year-on-year decrease of 13.69%, and a net profit attributable to shareholders of 316 million CNY, down 51.50% year-on-year [2] - The company has distributed a total of 869 million CNY in dividends since its A-share listing, with 620 million CNY distributed over the past three years [3] Group 4: Shareholding Structure - As of September 30, 2025, Hong Kong Central Clearing Limited is the fourth-largest circulating shareholder with 6.3011 million shares, an increase of 1.553 million shares from the previous period [3] - The Southern CSI 1000 ETF is the seventh-largest shareholder with 4.2008 million shares, having decreased by 50,000 shares [3] - Huaxia CSI 1000 ETF has exited the list of the top ten circulating shareholders [3]

Core Viewpoint - 华测导航's stock price has experienced fluctuations, with a recent decline of 2.00% and a total market capitalization of 24.623 billion yuan, while the company shows a year-to-date stock price increase of 6.14% [1] Financial Performance - For the period from January to September 2025, 华测导航 achieved operating revenue of 2.618 billion yuan, representing a year-on-year growth of 15.47%, and a net profit attributable to shareholders of 493 million yuan, reflecting a year-on-year increase of 26.41% [2] Shareholder Information - As of September 30, 2025, the number of shareholders of 华测导航 increased by 12.00% to 31,600, with an average of 20,491 circulating shares per shareholder, which decreased by 10.24% [2] - The company has distributed a total of 971 million yuan in dividends since its A-share listing, with 615 million yuan distributed over the past three years [3] Stock Trading Activity - On November 26, 华测导航's stock saw a trading volume of 339 million yuan, with a turnover rate of 1.66%. The net outflow of main funds was 45.819 million yuan, with significant buying and selling activity from large orders [1] Business Overview - 华测导航, established on September 12, 2003, and listed on March 21, 2017, specializes in the research, development, production, and sales of high-precision satellite navigation and positioning products, with a revenue composition of 50.42% from system applications and solutions and 49.58% from high-precision positioning equipment [1]

Core Viewpoint - Hengbao Co., Ltd. has experienced significant stock price fluctuations, with a year-to-date increase of 180.39% but recent declines in the short term [2] Group 1: Stock Performance - As of November 25, Hengbao's stock price rose by 2.02% to 18.73 CNY per share, with a trading volume of 198 million CNY and a turnover rate of 1.77%, resulting in a total market capitalization of 13.267 billion CNY [1] - The stock has seen a decline of 4.00% over the last five trading days, 19.09% over the last 20 days, and 36.94% over the last 60 days [2] Group 2: Financial Performance - For the period from January to September 2025, Hengbao reported operating revenue of 614 million CNY, a year-on-year decrease of 9.99%, and a net profit attributable to shareholders of 37.2975 million CNY, down 59.19% year-on-year [2] - Since its A-share listing, Hengbao has distributed a total of 714 million CNY in dividends, with 149 million CNY distributed over the last three years [3] Group 3: Shareholder Structure - As of September 30, 2025, the number of shareholders in Hengbao was 230,500, a decrease of 1.62% from the previous period, with an average of 2,602 circulating shares per person, an increase of 1.65% [2] - The top ten circulating shareholders include notable entities such as Huabao CSI Financial Technology Theme ETF and Hong Kong Central Clearing Limited, with significant increases in their holdings [3] Group 4: Business Overview - Hengbao Co., Ltd., established on September 24, 1996, and listed on January 10, 2007, specializes in the development, production, and sales of card products and related operating systems, with a revenue composition of 78.19% from card products, 21.27% from modules, and 0.31% from tickets [2] - The company operates within the communication equipment sector, focusing on concepts such as eSIM, electronic payments, and digital currency [2]

Core Viewpoint - Guanghetong's stock price has shown fluctuations in recent trading days, with a year-to-date increase of 23.43% but a notable decline over the past 60 days, indicating potential volatility in the market [1][2]. Company Overview - Guanghetong Wireless Co., Ltd. is based in Shenzhen, Guangdong, and specializes in the design, research and development, and sales of wireless communication modules and related solutions. The company was established on November 11, 1999, and went public on April 13, 2017. Its main business revenue is derived from wireless communication modules, accounting for 99.38% of total revenue [1][2]. Financial Performance - For the period from January to September 2025, Guanghetong reported a revenue of 5.366 billion yuan, representing a year-on-year decrease of 13.69%. The net profit attributable to shareholders was 316 million yuan, down 51.50% compared to the previous year [2][3]. - The company has distributed a total of 869 million yuan in dividends since its A-share listing, with 620 million yuan distributed over the past three years [3]. Shareholder Information - As of September 30, 2025, Guanghetong had 79,500 shareholders, a decrease of 3.54% from the previous period. The average number of tradable shares per shareholder increased by 3.67% to 6,703 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the fourth largest, holding 6.3011 million shares, an increase of 1.553 million shares from the previous period [3].

Group 1 - The core viewpoint of the news highlights the recent performance and financial metrics of Esky Communication, including stock price movements and trading volumes [1][2] - As of November 24, Esky Communication's stock price increased by 2.02% to 84.17 CNY per share, with a total market capitalization of 22.024 billion CNY [1] - The company has seen a year-to-date stock price increase of 24.75%, but has experienced declines of 3.66% over the last five trading days, 15.19% over the last 20 days, and 12.92% over the last 60 days [1] Group 2 - For the period from January to September 2025, Esky Communication reported a revenue of 17.877 billion CNY, representing a year-on-year growth of 34.96%, and a net profit attributable to shareholders of 733 million CNY, which is a 105.65% increase year-on-year [2] - The company has distributed a total of 749 million CNY in dividends since its A-share listing, with 540 million CNY distributed over the past three years [3] - As of September 30, 2025, the number of shareholders increased by 10.63% to 42,400, while the average number of circulating shares per person decreased by 9.61% to 6,174 shares [2][3]

Core Viewpoint - Cambridge Technology's stock has experienced significant volatility, with a year-to-date increase of 138.01% but a recent decline of 10.28% over the past five trading days [1] Financial Performance - For the period from January to September 2025, Cambridge Technology reported a revenue of 3.36 billion yuan, representing a year-on-year growth of 21.57% [2] - The net profit attributable to shareholders for the same period was 259 million yuan, showing a substantial increase of 70.88% year-on-year [2] Stock Market Activity - As of November 24, the stock price was 96.00 yuan per share, with a market capitalization of 33.128 billion yuan [1] - The stock has been on the "龙虎榜" (a list of stocks with significant trading activity) nine times this year, with the most recent appearance on October 9, where it saw a net buy of 53.38 million yuan [1] Shareholder Information - As of September 30, 2025, the number of shareholders was 67,000, a decrease of 0.64% from the previous period [2] - The average number of circulating shares per shareholder increased by 0.64% to 3,999 shares [2] Dividend Distribution - Since its A-share listing, Cambridge Technology has distributed a total of 163 million yuan in dividends, with 115 million yuan distributed over the past three years [3] Major Shareholders - The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 15.853 million shares, an increase of 4.9918 million shares from the previous period [3] - New entrants among the top ten circulating shareholders include融通产业趋势臻选股票A, holding 2.1994 million shares [3]

Core Viewpoint - Dongxin Peace's stock price has experienced significant fluctuations in 2023, with a year-to-date increase of 108.50%, but recent declines in the short term [1][2]. Company Overview - Dongxin Peace Technology Co., Ltd. is located in Zhuhai, Guangdong Province, established on October 20, 1998, and listed on July 13, 2004. The company specializes in the production and sale of mobile communication smart cards, contactless smart cards, and related application systems [1]. - The main business revenue composition includes: smart card products 71.47%, digital security and platform business 27.05%, and others 1.48% [1]. Financial Performance - For the period from January to September 2025, Dongxin Peace reported operating revenue of 9.61 billion yuan, a year-on-year decrease of 9.77%, and a net profit attributable to shareholders of 1.12 billion yuan, down 5.45% year-on-year [2]. - Since its A-share listing, Dongxin Peace has distributed a total of 5.41 billion yuan in dividends, with 2.27 billion yuan distributed over the past three years [2]. Stock Market Activity - As of November 21, Dongxin Peace's stock price was 21.28 yuan per share, with a market capitalization of 12.352 billion yuan. The stock has seen a net outflow of 396.79 million yuan in principal funds [1]. - The stock has appeared on the "龙虎榜" (a stock trading list) 14 times this year, with the most recent appearance on October 17, where it recorded a net purchase of 364 million yuan [1]. Shareholder Information - As of September 30, 2025, Dongxin Peace had 94,500 shareholders, an increase of 8.16% from the previous period, with an average of 6,135 circulating shares per person, a decrease of 7.54% [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited and Huabao Zhongzheng Financial Technology Theme ETF, with significant increases in their holdings [2].

Investment Rating - The report maintains an "Add-B" investment rating for the company [1] Core Views - The company has shown a quarter-on-quarter improvement in performance, with a good growth momentum in cloud office terminals [1] - The company’s revenue for the first three quarters of 2025 reached 4.298 billion yuan, a year-on-year increase of 4.59%, while the net profit attributable to shareholders was 1.958 billion yuan, a year-on-year decrease of 5.16% [4] - The company is in a transitional phase due to changes in U.S. tariff policies, affecting the shipment rhythm of desktop communication terminals [5] - The SIP phone business has significant overseas market potential, and the company is focusing on optimizing product structure and expanding into high-end markets [5] - The company launched AI hearing aids, marking an expansion from B-end to C-end markets [5] Financial Performance - In Q3 2025, the company achieved revenue of 1.648 billion yuan, with a quarter-on-quarter increase of 14.26% and a year-on-year increase of 14.11% [4] - The gross margin for conference products reached 66.41%, contributing to performance growth [6] - The company’s revenue from conference products in H1 2025 was 1.076 billion yuan, a year-on-year increase of 13.17% [6] - The revenue from cloud office terminals in H1 2025 was 262 million yuan, a year-on-year increase of 30.55% [6] Profit Forecast and Valuation Analysis - The company’s projected net profit for 2025-2027 is 2.667 billion, 2.942 billion, and 3.462 billion yuan, respectively, with year-on-year growth rates of 0.7%, 10.3%, and 17.7% [8] - The estimated EPS for 2025-2027 is 2.11, 2.33, and 2.74 yuan, with corresponding P/E ratios of 16.2, 14.7, and 12.5 [8] - The report emphasizes the strong market competitiveness of the company’s products and the potential for AI capabilities to expand market share [8]

Core Viewpoint - Cambridge Technology's stock has experienced significant fluctuations, with a year-to-date increase of 163.39% but a recent decline in the last five trading days by 3.86% [2] Group 1: Stock Performance - As of November 17, Cambridge Technology's stock price was 106.24 CNY per share, with a market capitalization of 36.66 billion CNY [1] - The stock has seen a trading volume of 1.265 billion CNY, with a turnover rate of 4.36% [1] - Year-to-date, the stock has been on the leaderboard nine times, with a total net buy of 1.145 billion CNY, accounting for 19.80% of total trading volume [2] Group 2: Financial Performance - For the period from January to September 2025, Cambridge Technology reported a revenue of 3.36 billion CNY, representing a year-on-year growth of 21.57% [3] - The net profit attributable to shareholders for the same period was 259 million CNY, showing a substantial increase of 70.88% year-on-year [3] Group 3: Shareholder and Dividend Information - Since its A-share listing, Cambridge Technology has distributed a total of 163 million CNY in dividends, with 115 million CNY distributed over the last three years [4] - As of September 30, 2025, the number of shareholders was 67,000, a decrease of 0.64% from the previous period [3] - The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 15.85 million shares, an increase of 4.99 million shares from the previous period [4]