（原标题：腾景科技发生7笔大宗交易 合计成交3.53亿元） 两融数据显示，该股最新融资余额为8.27亿元，近5日减少2.01亿元，降幅为19.55%。（数据宝） 12月9日腾景科技大宗交易一览 | 成交量 （万股） | 成交金额 （万元） | 成交价格 （元） | 相对当日 收盘折溢价 | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | | | | | （%） | | | | 70.00 | 9721.60 | 138.88 | -27.63 | 机构专用 | 兴业证券股份有限公司福州湖东路证券营业部 | | 50.00 | 6944.00 | 138.88 | -27.63 | 机构专用 | 兴业证券股份有限公司福州湖东路证券营业部 | | 42.00 | 5832.96 | 138.88 | -27.63 | 机构专用 | 兴业证券股份有限公司福州湖东路证券营业部 | | 36.00 | 4999.68 | 138.88 | -27.63 | 机构专用 | 兴业证券股份有限公司福州湖东路证券营业部 | | 30.00 | 4166.40 | 13 ...

Core Insights - Jebang Technology's stock rose by 15.95% with a turnover rate of 19.76% and a trading volume of 674 million yuan, indicating strong market interest [2] - Institutional investors net bought 3.82 million yuan while brokerage seats collectively net sold 36.99 million yuan, reflecting mixed sentiment among market participants [2] Trading Data Summary - The stock was listed on the Shenzhen Stock Exchange due to a closing price increase of 15.95%, with institutional specialized seats net buying 3.82 million yuan [2] - The top five brokerage seats accounted for a total trading volume of 195 million yuan, with buying transactions amounting to 80.74 million yuan and selling transactions totaling 114 million yuan, resulting in a net sell of 33.17 million yuan [2] - Among the brokerage seats, six institutional specialized seats were active, with total buying amounting to 67.95 million yuan and selling amounting to 64.12 million yuan, leading to a net buy of 3.82 million yuan [2] Fund Flow Analysis - The stock experienced a net outflow of 8.41 million yuan in principal funds, with a significant outflow of 19.14 million yuan from large orders, while large orders saw a net inflow of 10.74 million yuan [2] - Over the past five days, the net inflow of principal funds was 27.90 million yuan, indicating a positive trend in investment interest [2]

Core Viewpoint - Tengjing Technology (688195) experienced a significant price increase, closing at 92.77 yuan with a daily limit up of 15% on September 5, 2023, indicating strong market interest and trading activity [1]. Trading Activity - The stock had a turnover rate of 15.73% and a price fluctuation of 18.75%, with a total trading volume of 1.75 billion yuan on the same day [1]. - The top five trading departments accounted for a total transaction of 528 million yuan, with a net buying amount of 24.2 million yuan [1]. Institutional Participation - Among the top buying departments, one institutional special seat was noted, contributing 68.44 million yuan, while the Shanghai Stock Connect was the largest buying department with 82.24 million yuan [1]. - On the selling side, the Shanghai Stock Connect was also the largest selling department, with a selling amount of 110.36 million yuan, and one institutional special seat sold 22.70 million yuan [1]. Fund Flow - The stock saw a net inflow of main funds amounting to 73.77 million yuan throughout the day, indicating positive sentiment among investors [1].

Core Viewpoint - Shenhao Technology (300853) reported a significant increase in revenue but continued to face net losses, indicating challenges in profitability despite growth in sales [1] Financial Performance - Total revenue for the first half of 2025 reached 70.18 million yuan, a year-on-year increase of 91.79% [1] - Net profit attributable to shareholders was -71.50 million yuan, a slight decrease of 3.24% year-on-year [1] - In Q2 2025, total revenue was 57.31 million yuan, up 99.98% year-on-year, while net profit attributable to shareholders was -31.40 million yuan, an increase of 13.32% year-on-year [1] Cost and Profitability Metrics - Gross margin improved to 9.92%, a significant increase of 1607.92% year-on-year [1] - Net margin was -104.54%, an improvement of 44.72% year-on-year [1] - Total selling, administrative, and financial expenses amounted to 90.03 million yuan, accounting for 128.29% of revenue, a decrease of 37.11% year-on-year [1] Cash Flow and Assets - Cash and cash equivalents decreased by 70.92% to 151 million yuan due to investments in financial products [3] - Operating cash flow per share was -0.11 yuan, a decline of 122.87% year-on-year [1] - Inventory increased by 33.34% year-on-year, indicating potential overstocking issues [1] Investment and Debt - Interest-bearing liabilities rose by 3.75% to 591 million yuan [1] - The company has faced challenges in cash flow management, with net cash flow from operating activities showing a significant decline [7] Business Evaluation - The company's historical return on invested capital (ROIC) has been volatile, with a median ROIC of 18.24% since its listing [8] - The business model appears fragile, with three out of four annual reports showing losses since the company went public [8]

Group 1 - North Mining Technology (600980) experienced a decline of 9.96% today, with a turnover rate of 27.83% and a trading volume of 1.178 billion yuan, showing a fluctuation of 8.47% [2] - The stock was listed on the Shanghai Stock Exchange's watchlist due to a daily turnover rate of 27.83% and a daily decline deviation of -10.01%, with a net selling amount of 42.2598 million yuan from brokerage seats [2] - The top five brokerage seats accounted for a total transaction of 196 million yuan, with a buying amount of 77.0708 million yuan and a selling amount of 119 million yuan, resulting in a net selling of 42.2598 million yuan [2] Group 2 - The largest buying and selling brokerage was Guotai Junan Securities Co., Ltd. headquarters, with a buying amount of 20.6095 million yuan and a selling amount of 40.8338 million yuan [2] - Over the past six months, the stock has been listed on the watchlist five times, with an average price increase of 0.01% the day after being listed and an average decline of 2.21% in the following five days [2] - The stock saw a net outflow of 29.2972 million yuan in main funds today, with a significant single net outflow of 10.1825 million yuan and a large single fund net outflow of 19.1147 million yuan, totaling a net outflow of 239 million yuan over the past five days [2] Group 3 - On April 26, the company released its Q1 report, showing a total revenue of 235 million yuan, a year-on-year increase of 16.37%, and a net profit of 20.7581 million yuan, a year-on-year increase of 5.67% [2]