Core Viewpoint - Hangzhou Steel Co., Ltd. has experienced a significant stock price increase of 92.05% year-to-date, despite a recent decline in stock price and net outflow of funds [1][2]. Company Overview - Hangzhou Steel Co., Ltd. was established on February 25, 1998, and listed on March 11, 1998. The company is primarily engaged in the production and sales of steel and its rolled products, trading of raw materials and steel, and environmental protection services [2]. - The revenue composition of Hangzhou Steel includes: 45.09% from scrap materials, 23.34% from hot-rolled steel, 13.77% from raw materials, 8.15% from OEM steel, 7.05% from metal trading, 1.74% from other sources, and 0.87% from by-products [2]. Financial Performance - For the period from January to September 2025, Hangzhou Steel reported a revenue of 45.524 billion yuan, a year-on-year decrease of 5.67%. However, the net profit attributable to shareholders increased by 122.52% to 1.01 billion yuan [2]. - The company has distributed a total of 4.289 billion yuan in dividends since its A-share listing, with 338 million yuan distributed over the past three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders of Hangzhou Steel was 218,800, a decrease of 4.77% from the previous period. The average circulating shares per person increased by 5.01% to 15,434 shares [2]. - The top ten circulating shareholders include Southern CSI 500 ETF, holding 19.6313 million shares (a decrease of 410,300 shares), and Hong Kong Central Clearing Limited, holding 14.3894 million shares (an increase of 29,800 shares) [3].

Core Viewpoint - Hangzhou Iron and Steel Co., Ltd. (杭钢股份) experienced a stock price increase of 6.29%, reaching 9.47 CNY per share, with a trading volume of 549 million CNY and a turnover rate of 1.80%, resulting in a total market capitalization of 31.982 billion CNY [1] Group 1: Company Overview - Hangzhou Iron and Steel Co., Ltd. was established on February 25, 1998, and listed on March 11, 1998 [1] - The company is primarily engaged in the production and sales of steel and its rolled products, trading of certain raw materials and steel, and environmental protection services [1] - The revenue composition of the company includes: 45.09% from scrap materials, 23.34% from hot-rolled steel, 13.77% from raw materials, 8.15% from OEM steel, 7.05% from metal trading, 1.74% from other sources, and 0.87% from by-products [1] Group 2: Shareholder Information - Southern Fund's Southern CSI 500 ETF (510500) is among the top ten circulating shareholders of Hangzhou Iron and Steel [2] - In the third quarter, the Southern CSI 500 ETF reduced its holdings by 410,300 shares, now holding 19.6313 million shares, which accounts for 0.58% of the circulating shares [2] - The estimated floating profit from this transaction is approximately 10.9935 million CNY [2] Group 3: Fund Manager Profile - The fund manager of Southern CSI 500 ETF is Luo Wenjie, who has been in the position for 12 years and 209 days [3] - The total asset size of the fund is 170.445 billion CNY, with the best fund return during his tenure being 150.16% and the worst being -47.6% [3]

Core Viewpoint - Hangzhou Steel Co., Ltd. has experienced a significant stock price increase of 86.19% year-to-date, despite a recent decline in trading performance and net capital outflow [1][2]. Financial Performance - For the period from January to September 2025, Hangzhou Steel reported operating revenue of 45.524 billion yuan, a year-on-year decrease of 5.67%, while net profit attributable to shareholders increased by 122.52% to 101 million yuan [2]. - The company has distributed a total of 4.289 billion yuan in dividends since its A-share listing, with 338 million yuan distributed over the past three years [3]. Stock Market Activity - As of November 12, 2025, Hangzhou Steel's stock price was 8.90 yuan per share, with a market capitalization of 30.057 billion yuan. The stock has seen a trading volume of 360 million yuan and a turnover rate of 1.19% [1]. - The company has appeared on the "龙虎榜" (a list of stocks with significant trading activity) 12 times this year, with the most recent appearance on April 16, 2025, showing a net buy of -56.8064 million yuan [1]. Shareholder Structure - As of September 30, 2025, the number of shareholders for Hangzhou Steel was 218,800, a decrease of 4.77% from the previous period. The average circulating shares per person increased by 5.01% to 15,434 shares [2]. - Among the top ten circulating shareholders, notable changes include a 41.03% decrease in holdings by the Southern CSI 500 ETF and a 2.98% increase in holdings by Hong Kong Central Clearing Limited [3].

Core Viewpoint - Hangzhou Iron & Steel Co., Ltd. has shown significant stock performance with a year-to-date increase of 92.68%, despite a recent decline over the past 20 days [1][2]. Company Overview - Hangzhou Iron & Steel Co., Ltd. was established on February 25, 1998, and went public on March 11, 1998. The company is located in Hangzhou, Zhejiang Province, and its main business includes the production and sale of steel and its rolled products, trading of raw materials and steel, and environmental protection services [2]. - The revenue composition of the company includes: 45.09% from scrap materials, 23.34% from hot-rolled steel, 13.77% from raw materials, 8.15% from OEM steel, 7.05% from metal trading, 1.74% from other sources, and 0.87% from by-products [2]. - The company belongs to the steel industry, specifically the sub-sector of general steel and sheet products, and is associated with concepts such as state-owned assets cloud, DeepSeek concept, digital economy, Alibaba concept, and East Data West Computing [2]. Financial Performance - For the period from January to September 2025, Hangzhou Iron & Steel reported a revenue of 45.524 billion yuan, a year-on-year decrease of 5.67%. However, the net profit attributable to shareholders reached 101 million yuan, reflecting a significant year-on-year growth of 122.52% [2]. - The company has distributed a total of 4.289 billion yuan in dividends since its A-share listing, with 338 million yuan distributed over the past three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders for Hangzhou Iron & Steel was 218,800, a decrease of 4.77% from the previous period. The average circulating shares per person increased by 5.01% to 15,434 shares [2]. - Among the top ten circulating shareholders, the Southern CSI 500 ETF held 19.6313 million shares, a decrease of 410,300 shares compared to the previous period. The Hong Kong Central Clearing Limited increased its holdings by 29,800 shares to 14.3894 million shares [3].

Core Viewpoint - Hangzhou Iron and Steel Co., Ltd. (杭钢股份) has seen a significant stock price increase of 5.18% on September 25, reaching a price of 10.97 yuan per share, with a trading volume of 3.818 billion yuan and a turnover rate of 10.67%, resulting in a total market capitalization of 37.048 billion yuan [1] Company Overview - Hangzhou Iron and Steel Co., Ltd. was established on February 25, 1998, and went public on March 11, 1998. The company is located in Hangzhou, Zhejiang Province, and its main business includes the production and sale of steel and its rolled products, trading of certain raw materials and steel, and environmental protection services [1] - The revenue composition of the company is as follows: 45.09% from scrap materials, 23.34% from hot-rolled steel, 13.77% from raw materials, 8.15% from OEM steel, 7.05% from metal trading, 1.74% from other sources, and 0.87% from by-products [1] Fund Holdings - According to data from the top ten holdings of funds, Guolian Fund has one fund heavily invested in Hangzhou Iron and Steel. Guolian Steel A (国联钢铁A, 168203) reduced its holdings by 75,600 shares in the second quarter, maintaining 661,500 shares, which accounts for 3.66% of the fund's net value, ranking as the fifth-largest holding [2] - The fund has achieved a floating profit of approximately 357,200 yuan as of the report date [2] Fund Manager Performance - The fund manager of Guolian Steel A, Chen Xinyu, has a tenure of 6 years and 58 days, with the fund's total asset size at 1.216 billion yuan. During his tenure, the best fund return was 63%, while the worst was -19.21% [3] - Co-manager Du Chao has been in position for 1 year and 342 days, with the fund's total asset size at 2.467 billion yuan. His best fund return was 56.95%, and the worst was -14.54% during his tenure [3]