Core Viewpoint - The company Li Yuanheng has shown a significant increase in financing activities and a positive growth trend in revenue and net profit, indicating strong market interest and operational performance [1][2]. Financing Activities - On November 14, Li Yuanheng's stock rose by 2.93% with a trading volume of 540 million yuan. The financing buy-in amount for the day was 59.88 million yuan, while the financing repayment was 45.27 million yuan, resulting in a net financing buy-in of 14.61 million yuan [1]. - As of November 14, the total financing and securities lending balance for Li Yuanheng was 550 million yuan, which accounts for 5.62% of its market capitalization. This financing balance is above the 80th percentile of the past year, indicating a high level of activity [1]. - In terms of securities lending, on November 14, Li Yuanheng repaid 585 shares and sold 300 shares, with a selling amount of 17,400 yuan. The remaining securities lending balance was 515 shares, valued at 29,900 yuan, which is below the 10th percentile of the past year, indicating low activity [1]. Business Performance - As of September 30, Li Yuanheng had 24,600 shareholders, an increase of 9.92% from the previous period. The average number of circulating shares per shareholder decreased by 9.02% to 6,861 shares [2]. - For the period from January to September 2025, Li Yuanheng achieved a revenue of 2.424 billion yuan, representing a year-on-year growth of 4.37%. The net profit attributable to shareholders was 47.49 million yuan, showing a significant increase of 109.14% year-on-year [2]. Dividend and Shareholding Structure - Since its A-share listing, Li Yuanheng has distributed a total of 87.24 million yuan in dividends, with 35.32 million yuan distributed over the past three years [3]. - As of September 30, 2025, among the top ten circulating shareholders, the E Fund National Robot Industry ETF ranked as the fourth largest shareholder with 1.8612 million shares, marking it as a new shareholder. The Dongfang Alpha Industry Pioneer Mixed A Fund ranked seventh with 1.1441 million shares, also a new shareholder. Meanwhile, the AVIC New Start Flexible Allocation Mixed A Fund has exited the top ten circulating shareholders list [3].

Group 1 - The core point of the article highlights the recent performance of Liyuanheng, which saw a 5.09% increase in stock price, reaching 59.22 CNY per share, with a trading volume of 288 million CNY and a turnover rate of 2.97%, resulting in a total market capitalization of 9.992 billion CNY [1] - Liyuanheng, established on November 19, 2014, and listed on July 1, 2021, specializes in the research, production, and sales of intelligent manufacturing equipment, providing high-end equipment and factory automation solutions for industries such as lithium batteries, automotive parts, precision electronics, security, and rail transportation [1] - The revenue composition of Liyuanheng's main business includes 80.56% from lithium battery manufacturing equipment, 12.23% from value-added accessories and services, 3.62% from intelligent warehousing equipment, 2.72% from automotive parts manufacturing equipment, and 0.87% from equipment in other fields [1] Group 2 - From the perspective of major fund holdings, data shows that one fund under Southern Fund has a significant position in Liyuanheng, with the Southern SSE STAR Market Composite ETF Link A (023731) being the ninth largest holding, and it has gained approximately 97.58 CNY in floating profit today [2] - The Southern SSE STAR Market Composite ETF Link A (023731) was established on April 8, 2025, with a latest scale of 97.6034 million CNY and has achieved a return of 37.79% since inception [2] Group 3 - The fund managers of the Southern SSE STAR Market Composite ETF Link A (023731) are Yang Kaining and Pan Shuiyang, with Yang having a cumulative tenure of 1 year and 11 days, managing a total fund size of 1.28 billion CNY, achieving a best return of 65.99% and a worst return of -0.16% during his tenure [3] - Pan Shuiyang has a cumulative tenure of 1 year and 253 days, managing a total fund size of 7.828 billion CNY, with a best return of 81.45% and a worst return of -6.44% during his tenure [3]