Core Viewpoint - Harmony Health Insurance Co., Ltd. plans to reduce its holdings in Goldwind Technology by up to 42.22 million shares, representing approximately 1% of the total share capital, within a three-month period starting from December 1, 2025 [1] Group 1 - Harmony Health currently holds 285 million shares, which accounts for 6.75% of the total share capital of Goldwind Technology [1] - The share reduction will take place through centralized bidding within a specified timeframe [1]

Group 1 - The core transaction on November 7 involved a block trade of 920,700 shares of SANY Renewable Energy, with a transaction value of 26.1011 million yuan, at a price of 28.35 yuan, representing a discount of 1.01% compared to the closing price of the day [2] - In the last three months, the stock has seen a total of three block trades, accumulating a total transaction value of 75.2301 million yuan [3] - The closing price of SANY Renewable Energy on the day of the report was 28.64 yuan, reflecting an increase of 0.49%, with a daily turnover rate of 1.19% and a total transaction amount of 83.9882 million yuan [3] Group 2 - The latest margin financing balance for the stock is 95.7711 million yuan, which has decreased by 2.80% over the last five days, amounting to a reduction of 2.7564 million yuan [4] - Recently, one institution has rated the stock, with the highest target price set by Huatai Securities at 38.09 yuan as of November 5 [4] - SANY Renewable Energy Co., Ltd. was established on April 17, 2008, with a registered capital of 12,264.04215 million yuan [4]

Core Viewpoint - Harmony Health Insurance Co., Ltd. plans to reduce its stake in Goldwind Technology by selling up to 42.22 million shares, representing approximately 1% of the total share capital, within a three-month period starting from December 1, 2025 [1] Summary by Relevant Sections - **Shareholder Information** - Harmony Health currently holds 285 million shares, accounting for 6.75% of the total share capital of Goldwind Technology [1] - **Reduction Plan** - The planned reduction will occur through centralized bidding and will take place from December 1, 2025, to February 27, 2026 [1] - The maximum number of shares to be sold is 42.22 million, which is about 1% of the total share capital [1]

Group 1 - The core point of the announcement is that Harmony Health Insurance Co., Ltd. plans to reduce its stake in Goldwind Technology by selling up to 42.22 million shares, which represents approximately 1% of the total share capital [1] - The reduction will take place within a three-month period from December 1, 2025, to February 27, 2026, starting 15 trading days after the announcement [1] - Harmony Health currently holds 285 million shares, accounting for 6.75% of the total share capital [1]

Group 1 - Sany Heavy Energy's stock closed at 28.64 CNY, with an increase of 0.49% on November 7 [1] - A block trade occurred with a total volume of 920,700 shares and a transaction value of 26.1011 million CNY, with a price of 28.35 CNY per share, reflecting a premium rate of -1.01% [1] - Over the past three months, Sany Heavy Energy has recorded three block trades with a cumulative transaction value of 75.2301 million CNY [1] Group 2 - In the last five trading days, the stock has increased by 1.27%, with a net inflow of 7.844 million CNY from main funds [1]

Group 1 - N Delijia (603092) was listed today, opening with a rise of 107.67%, and closing with a gain of 51.07%, with a total trading volume of 23.86 million shares and a turnover of 1.85 billion yuan, resulting in a turnover rate of 71.34% [1] - The company is primarily engaged in the research, production, and sales of high-speed heavy-duty precision gear transmission products [2] - The total issuance volume for this IPO was 40 million shares, with an online issuance of 23.43 million shares at a price of 46.68 yuan per share, resulting in a price-to-earnings ratio of 34.98, compared to the industry average of 44.03 [2] Group 2 - The funds raised from the IPO, amounting to 1.87 billion yuan, will mainly be allocated to projects including the annual production of 1,000 units of 8MW and above large onshore wind turbine gearboxes and the Shantou project for the annual production of 800 units of large offshore wind turbine gearboxes [2] - Another new stock listed today, N Zhongcheng, saw a closing price of 38.54 yuan, with a rise of 170.08% and a turnover rate of 86.25% [2]

Core Viewpoint - The wind power equipment sector experienced a slight increase of 0.07% on November 7, with N Delijia leading the gains, while the overall stock indices showed a decline [1]. Market Performance - The Shanghai Composite Index closed at 3997.56, down 0.25% - The Shenzhen Component Index closed at 13404.06, down 0.36% [1]. Individual Stock Performance - N Delijia (603092) saw a significant increase of 51.07%, closing at 70.52 with a trading volume of 238,600 shares and a transaction value of 1.85 billion - Haile Wind Power (301155) increased by 4.22%, closing at 88.60 with a trading volume of 55,800 shares and a transaction value of 494 million - Electric Wind Power (688660) rose by 3.29%, closing at 20.10 with a trading volume of 330,500 shares and a transaction value of 666 million - Other notable performers include Mingyang Smart Energy (601615) up 1.74% and Shuangyi Technology (300690) up 1.67% [1]. Capital Flow Analysis - The wind power equipment sector saw a net inflow of 197 million from institutional investors, while retail investors experienced a net outflow of 597 million - Speculative funds had a net inflow of 400 million [2]. Detailed Capital Flow for Key Stocks - N Delijia had a net inflow of 502.1 million from institutional investors, accounting for 27.12% of its trading volume, while retail investors had a net outflow of 755 million, representing 40.82% - Mingyang Smart Energy recorded a net inflow of 95.28 million from institutional investors, with a net outflow of 56.95 million from retail investors [3].

Core Viewpoint - Delijia Transmission Technology (Jiangsu) Co., Ltd. successfully listed on the Shanghai Stock Exchange on November 7, marking the fourth company from Wuxi to go public this year, contributing to the expansion of the Wuxi capital market [1][11] Company Overview - Delijia was established in 2017 and is located in Wuxi Xishan District, focusing on the research, production, and sales of gear transmission products, particularly wind turbine gearboxes, which are critical components of wind power generation [7] - The company has obtained a total of 63 authorized patents, including 24 invention patents, establishing a significant production and sales scale and leading the market in wind turbine gearbox technology [9] IPO Details - The company publicly issued 40 million shares at a price of 46.68 yuan per share, raising approximately 1.867 billion yuan [3][5] - The raised funds will be used for projects including the annual production of 1,000 units of large onshore wind turbine gearboxes and 800 units of large offshore wind turbine gearboxes, aligning with the trend of large-scale and high-end development in the wind power industry [5] Market Context - Wuxi has seen a surge in IPO enthusiasm, with 25 companies currently in the pipeline for listing, including 11 in domestic exchanges and 14 in overseas markets, indicating a strong growth potential for the Wuxi capital market [10][13] - The local government has implemented various measures to support companies in their listing efforts, enhancing the competitiveness and growth potential of the "Wuxi sector" [11][13]

Group 1 - Delijia (603092) Transmission Technology Co., Ltd. was listed on the Shanghai Stock Exchange on November 7, becoming the fourth listed company in Wuxi this year, bringing the total number of A-share listed companies in Wuxi to 126, ranking 7th nationwide and 2nd in the province [1] - The company issued 40 million shares at a price of 46.68 yuan per share, raising 1.8607 billion yuan, which will be invested in projects for producing large onshore and offshore wind turbine gearboxes [1] - Founded in 2017, Delijia specializes in the R&D, production, and sales of gear transmission products, with its core product being the wind turbine main gearbox, a critical component of wind power generation [1] Group 2 - Delijia's chairman, Liu Jianguo, emphasized the company's commitment to innovation in wind power transmission technology and its role in contributing to national energy security and manufacturing strength [2] - Wuxi has been actively promoting capital market engagement and high-quality enterprise development, with 25 companies currently in the pipeline for listing, including 11 domestically and 14 internationally [2] - The listing of Delijia reflects Wuxi's robust support for enterprises through policy optimization, financing support, and streamlined processes, enhancing the competitiveness and growth potential of the "Wuxi sector" [2]

Core Points - Two new stocks, N Zhongcheng and N Delijia, were listed today, with significant price increases of 194.32% and 107.67% respectively [1][2] - N Zhongcheng specializes in engineering consulting services, while N Delijia focuses on high-precision gear transmission products [1][2] - Two additional stocks, Nannetwork Digital and Hengkun New Materials, are available for subscription, with respective issuance prices of 5.69 yuan and 14.99 yuan [3][4] Group 1: New Stock Listings - N Zhongcheng (920003) opened at 42.00 yuan, rising by 194.32% [1] - N Delijia (603092) opened at 96.94 yuan, increasing by 107.67% [2] - Nannetwork Digital (301638) issued 477 million shares at a price of 5.69 yuan, with a P/E ratio of 32.22 [3] - Hengkun New Materials (787727) issued 67.4 million shares at a price of 14.99 yuan, with a P/E ratio of 71.42 [4] Group 2: Market Activity - As of November 6, the total market financing balance reached 2.48 trillion yuan, with an increase of 70.06 billion yuan [6] - The top net purchases included Cambrian-U with 1.64 billion yuan, followed by TBEA, Haiguang Information, and China West Electric with 829 million, 686 million, and 680 million yuan respectively [6][7] - The electronic, power equipment, and automotive sectors saw the highest concentration of net purchases, with 13, 7, and 4 stocks respectively [6] Group 3: Institutional Research - In the past two trading days, 90 companies announced institutional research records, with 7 companies receiving attention from over 30 institutions [8][9] - Anji Technology was the most researched, with 174 institutions focusing on the impact of the storage industry and emerging storage material demands [8]