11月24日晚，威领股份和高乐股份分别披露控制权拟发生变更的公告，两公司股票将于11月25日开市起停牌。 巧合的是，两家公司的股票均在11月24日涨停。其中，高乐股份24日开盘后迅速冲上涨停；威领股份大幅高开后，也在午盘封住涨停。 从经营情况来看，两家公司现主营业务情况均不太理想，近两年业绩均处于亏损状态。此番易主能否为两公司带来转机，备受市场瞩目。 威领股份实控人拟转让7.76%股份 威领股份公告，公司控股股东上海领亿新材料有限公司和实际控制人黄达正筹划股份转让事项，拟以协议转让方式转让2023.38万股上市公司股份，占总股 本的7.7646%。 | 证券代码 | 证券简称 | 停复牌类型 | 停牌起始日 | 停牌 | 停牌终止日 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | | | | | | 期间 | | | | 002667 | 威领股份 | A 股 停牌 | 2025/11/25 | 全天 | 2025/11/26 | 2025/11/27 | 公告显示，股份转让完成后，受让方将成为上市公司第一大股东，可能导致公司控制权发生变更或出现无实际控 ...

巧合的是，两家公司的股票均在11月24日涨停。其中，高乐股份24日开盘后迅速冲上涨停；威领股份大幅高开后， 也在午盘封住涨停。 11月24日晚，威领股份和高乐股份分别披露控制权拟发生变更的公告，两公司股票将于11月25日开市起停牌。 从经营情况来看，两家公司现主营业务情况均不太理想，近两年业绩均处于亏损状态。此番易主能否为两公司带来 转机，备受市场瞩目。 威领股份实控人拟转让7.76%股份 威领股份公告，公司控股股东上海领亿新材料有限公司和实际控制人黄达正筹划股份转让事项，拟以协议转让方式 转让2023.38万股上市公司股份，占总股本的7.7646%。 | 证券代码 | 证券简称 | 停复牌类型 | 停牌起始日 | 停牌 停牌终止日 | 复牌日 | | --- | --- | --- | --- | --- | --- | | | | | | 期间 | | | 002667 | 威领股份 | A 股 停牌 | 2025/11/25 | 全天 2025/11/26 | 2025/11/27 | 公告显示，股份转让完成后，受让方将成为上市公司第一大股东，可能导致公司控制权发生变更或出现无实际控制 人情形。经公司向 ...

数据显示，广发基金旗下1只基金位居天华新能十大流通股东。广发国证新能源车电池ETF（159755） 三季度新进十大流通股东，持有股数634.51万股，占流通股的比例为0.94%。根据测算，今日浮亏损失 约2005.06万元。 广发国证新能源车电池ETF（159755）成立日期2021年6月15日，最新规模150.97亿。今年以来收益 74.31%，同类排名117/4212；近一年收益63.03%，同类排名173/3956；成立以来收益13.81%。 11月18日，天华新能跌5.29%，截至发稿，报56.61元/股，成交48.33亿元，换手率12.09%，总市值 470.29亿元。 资料显示，苏州天华新能源科技股份有限公司位于江苏省苏州工业园区双马街99号，成立日期1997年11 月13日，上市日期2014年7月31日，公司主营业务涉及新能源锂电材料、防静电超净技术产品、医疗器 械产品的生产和销售。主营业务收入构成为：锂电材料产品99.10%，其他(补充)0.90%。 从天华新能十大流通股东角度 广发国证新能源车电池ETF（159755）基金经理为罗国庆。 截至发稿，罗国庆累计任职时间10年40天，现任基金资产 ...

政企携手共同成长 107家企业上榜"中国民营企业500强"，连续27年居全国首位；109家企业上榜"中国制造业民营企业500 强"，上榜数量居全国首位；20家企业上榜"中国服务业民营企业100强"，上榜数量还是全国首位……在 全国工商联发布的2025中国民营企业500强系列榜单中，浙江民营企业再创佳绩，其发展活力展露无 遗。 规模实力稳步增长 民营经济是浙江的最大特色、最大资源和最大优势，今年上半年，民营经济贡献了浙江省67%以上的生 产总值、70%以上的税收、80%以上的进出口、85%以上的就业、90%以上的企业数量。 "浙江民营企业加快从要素驱动向创新驱动转型，成为浙江最具创新活力的主体。"浙江省发展改革委党 组成员、副主任张曙明表示，当前，浙江省已有高新技术企业4.7万家、国家制造业单项冠军企业233 家、专精特新"小巨人"企业1801家，这当中绝大部分是民营企业。 榜单上的数据体现了浙商的发展底色。从规模上看，107家"中国民营企业500强"企业实现营业收入9.8 万亿元，户均919.56亿元，分别较去年增长6.95%和5.95%；83家企业实现营收增长且盈利，占上榜企业 数的77.57%，营收千亿元 ...

Group 1 - Tianhua New Energy's stock increased by 5.05%, reaching 36.20 CNY per share, with a trading volume of 1.537 billion CNY and a turnover rate of 6.52%, resulting in a total market capitalization of 30.073 billion CNY [1] - The company, Suzhou Tianhua New Energy Technology Co., Ltd., was established on November 13, 1997, and went public on July 31, 2014. Its main business involves the production and sales of new energy lithium battery materials, anti-static ultra-clean technology products, and medical devices [1] - The revenue composition of Tianhua New Energy is primarily from lithium battery materials, accounting for 99.10%, while other products contribute 0.90% [1] Group 2 - Among the top ten circulating shareholders of Tianhua New Energy, E Fund's ETF (159915) reduced its holdings by 2.0684 million shares in the third quarter, now holding 12.3006 million shares, which represents 1.83% of the circulating shares [2] - The E Fund's ETF (159915) was established on September 20, 2011, with a current scale of 110.2 billion CNY. Year-to-date returns are 52.52%, ranking 545 out of 4216 in its category, while the one-year return is 44.11%, ranking 653 out of 3913 [2]

Core Viewpoint - Tianhua New Energy's stock price continues to rise despite significant pressure on its operating performance, indicating a divergence between stock performance and financial results [2][5]. Financial Performance - For the first three quarters of 2025, Tianhua New Energy reported revenue of approximately 5.6 billion yuan, a year-on-year increase of about 2% [3][9]. - The company's net profit attributable to shareholders was 32.87 million yuan, a dramatic decline of 96.44% year-on-year, with a non-recurring net profit showing a loss [3][9]. - The company's revenue for the first three quarters of 2023 and 2024 was 8.91 billion yuan and 5.45 billion yuan, respectively, reflecting year-on-year declines of 29.13% and 38.80% [9][10]. Stock Price Movement - Since September 4, 2025, Tianhua New Energy's stock price has increased from 19.84 yuan per share to 33.88 yuan per share, representing a 70.77% increase [3][7]. - On November 5, 2025, the stock closed at 33.88 yuan per share, with a daily increase of 1.38% [2][5]. Market Expectations - The divergence between Tianhua New Energy's stock price and its financial performance is attributed to high market expectations, particularly due to its deep ties with industry giant CATL [4][12]. - The company is set to transfer 12.95% of its shares to CATL, which will become its second-largest shareholder, further solidifying their strategic partnership [4][18]. Lithium Price Impact - The decline in lithium salt prices has significantly impacted Tianhua New Energy's profitability, with prices for battery-grade lithium carbonate dropping from around 100,000 yuan per ton at the beginning of 2024 to approximately 73,000 yuan per ton by September [11]. - The third quarter of 2025 showed signs of recovery, with revenue and net profit increasing by 21.47% and 113.22% year-on-year, respectively [11]. Strategic Moves - Tianhua New Energy plans to acquire 75% of Suzhou Tianhua Times New Energy, which will integrate lithium resource investments into the listed company and eliminate potential competition risks [15][17]. - The company has a history of collaboration with CATL, including joint ventures and previous shareholdings, which enhances its market position [12][14].

Core Viewpoint - Tianhua New Energy's stock price continues to rise despite significant pressure on its operating performance, indicating a divergence between stock performance and financial results [2][4][8]. Financial Performance - For the first three quarters of 2025, Tianhua New Energy reported revenue of approximately 5.57 billion yuan, a year-on-year increase of about 2% [4][8]. - The net profit attributable to shareholders was 32.87 million yuan, a dramatic decline of 96.44% year-on-year, with a non-recurring net profit showing a loss of 97.75 million yuan [4][8]. - The company's revenue for 2023 and 2024 also showed a downward trend, with revenues of 8.91 billion yuan and 5.45 billion yuan respectively, reflecting declines of 29.13% and 38.80% year-on-year [8][9]. Stock Performance - On November 5, 2025, Tianhua New Energy's stock closed at 33.88 yuan per share, marking a 1.38% increase [3][6]. - Since September 4, 2025, the stock price has surged from 19.84 yuan to 33.88 yuan, representing a total increase of 70.77% [4][6]. Market Dynamics - The decline in profitability is primarily attributed to falling lithium salt prices, with battery-grade lithium carbonate prices dropping from around 100,000 yuan per ton at the beginning of 2024 to approximately 73,000 yuan per ton by September 2024 [10]. - Despite the overall decline in performance, there has been a recent recovery trend in the third quarter of 2025, with revenue and net profit showing year-on-year increases of 21.47% and 113.22% respectively [10]. Strategic Partnerships - Tianhua New Energy is deeply connected with CATL (Contemporary Amperex Technology Co., Limited), which is seen as a positive factor by the market [5][11]. - The company plans to transfer 12.95% of its shares to CATL, making CATL the second-largest shareholder [5][16]. - Tianhua New Energy is also in the process of acquiring a 75% stake in Suzhou Tianhua Times, which will further integrate its operations with CATL [13][15].

Group 1 - The core point of the news is that Rongjie Co., Ltd. experienced a decline of 5.01% in its stock price, reaching 44.79 yuan per share, with a trading volume of 563 million yuan and a turnover rate of 4.73%, resulting in a total market capitalization of 11.63 billion yuan [1] - Rongjie Co., Ltd. is primarily engaged in the new energy lithium battery materials industry chain, which includes lithium ore mining, lithium salt processing and smelting, and lithium battery equipment manufacturing. The main revenue composition is as follows: lithium concentrate 86.31%, lithium battery equipment 12.76%, lithium salt 0.66%, and others 0.28% [1] Group 2 - From the perspective of the top ten circulating shareholders of Rongjie Co., Ltd., a fund under GF Fund ranks among the top ten shareholders. The GF CSI 1000 ETF (560010) entered the top ten circulating shareholders in the third quarter, holding 875,800 shares, accounting for 0.34% of the circulating shares, with an estimated floating loss of approximately 2.07 million yuan today [2] - The GF CSI 1000 ETF (560010) was established on July 28, 2022, with a latest scale of 35.30 billion yuan. Year-to-date return is 27.92%, ranking 2041 out of 4216 in its category; the one-year return is 28.6%, ranking 1818 out of 3896; and since inception, the return is 9.41% [2]

Core Viewpoint - The article discusses the significant changes in the holdings of prominent investor Zhang Jianping during the third quarter, highlighting a major reduction in the number of stocks held and a focus on key investments in companies like Cambricon Technologies and Huayou Cobalt [1][3]. Group 1: Holdings Adjustment - Zhang Jianping's third-quarter report shows a drastic reduction in his portfolio, retaining only two stocks: Cambricon Technologies (688256.SH) and newly acquired Huayou Cobalt (603799.SH) [1][2]. - He exited from at least eight companies in the top ten circulating shareholders, including companies in the AI and humanoid robot sectors, indicating a strategic shift [2][3]. Group 2: Performance of Key Holdings - Cambricon Technologies saw a significant increase in holdings, with Zhang owning 640.65 million shares by the end of the third quarter, an increase of 32.02 million shares from the previous quarter, making him the fifth-largest shareholder [3][4]. - The company reported a staggering revenue of 4.607 billion yuan for the first three quarters, a year-on-year increase of 2386.38%, and a net profit of 1.605 billion yuan, marking a turnaround from losses [4]. Group 3: New Investment in Huayou Cobalt - Zhang Jianping's new investment in Huayou Cobalt amounted to 18.5 million shares, representing 0.98% of the circulating stock, with a market value of 1.219 billion yuan [4]. - Huayou Cobalt reported a revenue of 58.941 billion yuan for the first three quarters, a year-on-year increase of 29.57%, and a net profit of 4.216 billion yuan, benefiting from integrated operations and rising cobalt prices [4].

Group 1 - The core point of the article highlights the significant changes in the holdings of prominent investor Zhang Jianping, known as "Zhang the Leader," during the third quarter, where he reduced his positions from 9 companies to just 2, maintaining only Cambricon (688256.SH) and newly investing in Huayou Cobalt (603799.SH) [1] - Zhang Jianping exited from at least 8 companies that were previously in his top ten shareholders list, many of which were in popular sectors like AI and humanoid robots, indicating a strategic shift in his investment approach [1] - The stocks he exited saw substantial price increases, with Zhejiang Rongtai rising by 153.73% and Ningbo Huaxiang by over 120%, showcasing his ability to capture wave profits [1] Group 2 - Zhang Jianping increased his stake in Cambricon, holding 6.4065 million shares by the end of Q3, which is a 32,020-share increase from Q2, making him the fifth-largest shareholder with a market value of 8.8 billion yuan at the end of October [2] - Cambricon's performance was exceptional, with a reported revenue of 4.607 billion yuan for the first three quarters, a staggering year-on-year growth of 2386.38%, and a net profit of 1.605 billion yuan, marking a turnaround from losses [2] - Huayou Cobalt also showed strong performance, with a revenue of 58.941 billion yuan for the first three quarters, a 29.57% increase year-on-year, and a net profit of 4.216 billion yuan, up 39.59%, benefiting from integrated operations and rising cobalt prices [3] Group 3 - Despite the market viewing Zhang Jianping's holdings as a potential indicator, the delayed nature of periodic report disclosures and past regulatory penalties faced by him and his family members should be considered [4] - In August 2024, Zhang Jianping was fined for violating securities laws by using his father-in-law's account for trading, which may have influenced his investment decisions and the visibility of his family members in shareholder lists [4]