博时恒乐债券A（014846）成立日期2022年4月28日，最新规模108.07亿。今年以来收益7.28%，同类排 名415/6576；近一年收益7.6%，同类排名386/6571；成立以来收益21.62%。 博时恒乐债券A（014846）基金经理为张李陵。 截至发稿，张李陵累计任职时间13年126天，现任基金资产总规模457.98亿元，任职期间最佳基金回报 34.66%， 任职期间最差基金回报-8.6%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 12月29日，运达股份涨5.07%，截至发稿，报20.10元/股，成交2.08亿元，换手率1.52%，总市值158.16 亿元。 资料显示，运达能源科技集团股份有限公司位于浙江省杭州市西湖国际科技大厦A座18F，成立日期 2001年11月30日，上市日期2019年4月26日，公司主营业务涉及大型风力发电机组的研发、生产和销 售。主营业务收入构成为：风电机组87.54%，新能源EPC总承包6.36%，其 ...

Core Viewpoint - Yunda Co., Ltd. has shown a significant increase in stock price and trading activity, indicating positive market sentiment despite a slight decline in net profit year-on-year [1][2]. Financial Performance - For the period from January to September 2025, Yunda Co., Ltd. achieved a revenue of 18.486 billion yuan, representing a year-on-year growth of 32.72% [2]. - The net profit attributable to shareholders was 251 million yuan, which reflects a decrease of 5.76% compared to the previous year [2]. Stock Market Activity - On November 26, Yunda's stock price rose by 2.05%, reaching 17.42 yuan per share, with a trading volume of 112 million yuan and a turnover rate of 0.93% [1]. - The stock has increased by 32.17% year-to-date, with a 3.81% rise over the last five trading days, a 3.60% decline over the last 20 days, and a 2.59% increase over the last 60 days [1]. Shareholder Information - As of September 30, 2025, the number of shareholders decreased by 13.08% to 33,400, while the average number of circulating shares per person increased by 15.09% to 20,891 shares [2]. - The company has distributed a total of 281 million yuan in dividends since its A-share listing, with 153 million yuan distributed over the last three years [3]. Major Shareholders - The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 9.0248 million shares, a decrease of 1.7986 million shares from the previous period [3]. - Other notable shareholders include Huaxia Fuxing Mixed A and Bosera Hengle Bond A, with stable or new positions in the company [3].

Core Viewpoint - Yunda Co., Ltd. has shown a significant increase in stock price and trading activity, indicating positive market sentiment despite a slight decline in net profit year-on-year [1][2]. Financial Performance - For the period from January to September 2025, Yunda Co., Ltd. achieved a revenue of 18.486 billion yuan, representing a year-on-year growth of 32.72% [2]. - The net profit attributable to shareholders was 251 million yuan, which reflects a year-on-year decrease of 5.76% [2]. Stock Market Activity - On November 21, Yunda's stock price rose by 2.09%, reaching 17.08 yuan per share, with a trading volume of 228 million yuan and a turnover rate of 1.94% [1]. - The stock has increased by 29.59% year-to-date, with a slight increase of 0.47% over the last five trading days, but a decline of 8.12% over the last 20 days [1]. Shareholder Information - As of September 30, 2025, the number of shareholders decreased by 13.08% to 33,400, while the average number of circulating shares per person increased by 15.09% to 20,891 shares [2]. - The company has distributed a total of 281 million yuan in dividends since its A-share listing, with 153 million yuan distributed over the past three years [3]. Major Shareholders - The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 9.0248 million shares, a decrease of 1.7986 million shares from the previous period [3]. - Other notable shareholders include Huaxia Revival Mixed A and Bosera Hengle Bond A, with stable or new positions in the company [3].

Core Viewpoint - The US-China Economic and Security Review Commission (USCC) acknowledges significant advancements in China's innovation capabilities and its position in the global manufacturing sector, particularly through the "Made in China 2025" initiative, despite its historically critical stance towards China [1][6]. Group 1: Report Findings - The USCC's recent report evaluates the "Made in China 2025" plan, concluding that China has significantly improved its innovation capabilities and solidified its status as a global manufacturing powerhouse over the past decade [1][6]. - The report covers 12 key industries, including semiconductors, high-end CNC machine tools, robotics, and new energy vehicles, assessing performance based on global market share, localization rates, and technology R&D goals [3][6]. - China has reportedly met or exceeded most core targets in sectors such as energy-saving and new energy vehicles, power equipment, and biomedicine, with notable achievements in shipbuilding and power equipment even before the initiative's launch [3][5]. Group 2: Market Impact - From 2015 to 2023, China's share of global exports for MIC2025-related products has steadily increased, with Chinese enterprises accounting for nearly one-quarter of the global export growth in the top ten related fields [6][7]. - In 2023, China exported MIC2025-related products worth $1.5 trillion, representing nearly 20% of the global total for similar products [6][7]. Group 3: Challenges and Innovations - While challenges remain in sectors like agriculture machinery and semiconductors, the report acknowledges significant industrial development in these areas, with China's semiconductor production capacity growing at over four times the global demand growth rate from 2015 to 2023 [4][6]. - The report highlights that China's industrial policy has fostered a highly advanced industrial community, enabling rapid technological breakthroughs across interconnected fields, such as electric vehicles and robotics [7][8]. Group 4: Strategic Implications - The USCC report suggests that China's industrial policies pose challenges not only in specific technologies but also in the overall competitiveness of China's manufacturing and innovation ecosystem [6][7]. - The report emphasizes that the strategic significance of MIC2025 extends beyond individual performance metrics, contributing to enhanced innovation capabilities and greater shares of global manufacturing value [6][7].

Group 1 - The core point of the article highlights the recent decline in the stock price of Yunda Co., which fell by 5.01% to 17.45 CNY per share, with a trading volume of 240 million CNY and a turnover rate of 1.93%, resulting in a total market capitalization of 13.73 billion CNY [1] - Yunda Energy Technology Group Co., Ltd. is based in Hangzhou, Zhejiang Province, and was established on November 30, 2001. The company went public on April 26, 2019, and its main business involves the research, development, production, and sales of large wind turbine generators [1] - The revenue composition of Yunda Co. is as follows: wind turbine generators account for 87.54%, new energy EPC contracting for 6.36%, other revenues for 4.04%, and power generation income for 2.06% [1] Group 2 - From the perspective of fund holdings, a fund under Guodu Securities has a significant position in Yunda Co. The Guodu Jucheng fund (011389) held 20,000 shares in the third quarter, representing 3.25% of the fund's net value, making it the eighth largest holding [2] - The Guodu Jucheng fund was established on March 25, 2021, with a latest scale of 11.67 million CNY. Year-to-date returns are 12.25%, ranking 5564 out of 8219 in its category, while the one-year return is 9.88%, ranking 5320 out of 8125. Since inception, the fund has experienced a loss of 44.49% [2] Group 3 - The fund managers of Guodu Jucheng are Liao Xiaodong, Zhang Xiaolei, and Gong Yongjin. Liao has a tenure of 5 years and 181 days, with a total fund asset size of 22.45 million CNY, achieving a best return of -24.14% and a worst return of -65.96% during his tenure [3] - Zhang has a tenure of 6 years and 331 days, managing assets of 22.45 million CNY, with a best return of 80.09% and a worst return of -24.36% [3] - Gong has a tenure of 1 year and 222 days, with assets of 11.67 million CNY, achieving a best and worst return of 11.76% during his tenure [3]

Core Points - Yunda Energy Technology Group Co., Ltd. experienced a stock decline of 5.05%, trading at 18.05 CNY per share with a total market capitalization of 14.203 billion CNY as of November 4 [1] - The company specializes in the research, production, and sales of large wind turbine generators, with its main revenue sources being wind turbine units (87.54%), new energy EPC contracting (6.36%), and other services (4.04%) [1] Fund Holdings - Guodu Securities has a fund that heavily invests in Yunda shares, with Guodu Jucheng (011389) holding 20,000 shares, representing 3.25% of the fund's net value, making it the eighth largest holding [2] - The fund has reported a floating loss of approximately 19,200 CNY as of the latest data [2] Fund Manager Performance - The fund managers of Guodu Jucheng include Liao Xiaodong, Zhang Xiaolei, and Gong Yongjin, with varying tenures and performance records [3] - Liao Xiaodong has a tenure of 5 years and 175 days, with the best fund return of -24.14% and the worst at -65.41% [3] - Zhang Xiaolei has a tenure of 6 years and 325 days, achieving a best return of 80.09% and a worst return of -23.54% [3] - Gong Yongjin has a shorter tenure of 1 year and 216 days, with a consistent return of 9.93% [3]

Core Viewpoint - Yunda Co., Ltd. has experienced a decline in stock price recently, with a year-to-date increase of 41.05% and a notable drop in net profit despite revenue growth [1][2]. Financial Performance - For the period from January to September 2025, Yunda Co., Ltd. achieved a revenue of 18.486 billion yuan, representing a year-on-year growth of 32.72% [2]. - The net profit attributable to shareholders was 251 million yuan, showing a decrease of 5.76% compared to the previous year [2]. Stock Market Activity - As of October 31, the stock price of Yunda Co., Ltd. was 18.59 yuan per share, with a market capitalization of 14.627 billion yuan [1]. - The stock has seen a trading volume of 270 million yuan and a turnover rate of 2.04% on the same day [1]. - The main funds experienced a net outflow of 39.85 million yuan, with significant selling pressure observed [1]. Shareholder Information - As of September 30, the number of shareholders decreased by 13.08% to 33,400, while the average circulating shares per person increased by 15.09% to 20,891 shares [2]. - The company has distributed a total of 281 million yuan in dividends since its A-share listing, with 153 million yuan in the last three years [3]. Business Overview - Yunda Co., Ltd. specializes in the research, production, and sales of large wind turbine generators, with wind power generation accounting for 87.54% of its main business revenue [1]. - The company is categorized under the power equipment industry, specifically in wind power equipment [1].

Core Viewpoint - Yunda Co., Ltd. has seen a stock price increase of 5.03%, reaching 18.36 CNY per share, with a total market capitalization of 14.447 billion CNY as of October 22 [1] Company Overview - Yunda Energy Technology Group Co., Ltd. is located in Hangzhou, Zhejiang Province, and was established on November 30, 2001, with its listing date on April 26, 2019 [1] - The company's main business involves the research, production, and sales of large wind turbine generators, with revenue composition as follows: wind turbine generators 87.54%, new energy EPC contracting 6.36%, others 4.04%, and power generation income 2.06% [1] Shareholder Information - Among the top ten circulating shareholders, one fund from Huaxia Fund holds shares in Yunda Co., Ltd. Huaxia Fuxing Mixed A (000031) held 5.4947 million shares in the second quarter, unchanged from the previous period, accounting for 0.79% of circulating shares [2] - The estimated floating profit for Huaxia Fuxing Mixed A today is approximately 4.8353 million CNY [2] - The fund was established on September 10, 2007, with a current scale of 1.529 billion CNY, yielding 36.67% year-to-date and ranking 1957 out of 8160 in its category [2] Fund Manager Performance - The fund manager of Huaxia Fuxing Mixed A is Zheng Yu, who has a tenure of 19 years and 78 days, with a total fund size of 1.556 billion CNY [3] - Zheng Yu's best fund return during his tenure is 257.96%, while the worst return is -41.47% [3] - The co-manager is Huang Hao, with a tenure of 5 years and 73 days, managing a fund size of 1.556 billion CNY [3] - Huang Hao's best return is 38.65%, and the worst return is -10.85% during his tenure [3] Fund Holdings - Huaxia Fund also has a significant holding in Yunda Co., Ltd. through Huaxia Clean Energy Leader Mixed Initiated A (018918), which held 160,100 shares in the second quarter, representing 3.66% of the fund's net value [4] - The estimated floating profit for Huaxia Clean Energy Leader Mixed Initiated A today is approximately 140,900 CNY [4] - This fund was established on August 22, 2023, with a current scale of 39.8806 million CNY, yielding 20.75% year-to-date and ranking 4167 out of 8160 in its category [4] Fund Manager of Huaxia Clean Energy Leader - The fund manager for Huaxia Clean Energy Leader Mixed Initiated A is Yang Yu, who has a tenure of 4 years and 39 days, managing a total fund size of 8.516 billion CNY [5] - Yang Yu's best return during his tenure is 42.76%, while the worst return is -0.77% [5]

Group 1 - The core point of the news is that Yunda Co., Ltd. experienced a decline of 5.13% in its stock price, reaching 19.03 yuan per share, with a trading volume of 427 million yuan and a turnover rate of 3.16%, resulting in a total market capitalization of 14.974 billion yuan [1] - Yunda Energy Technology Group Co., Ltd. is located in Hangzhou, Zhejiang Province, and was established on November 30, 2001, with its listing date on April 26, 2019. The company's main business involves the research, development, production, and sales of large wind turbine generators [1] - The revenue composition of Yunda Co. includes 87.54% from wind turbine generators, 6.36% from new energy EPC contracting, 4.04% from other sources, and 2.06% from power generation income [1] Group 2 - From the perspective of major fund holdings, data shows that one fund under Shenwan Hongyuan holds Yunda Co. as a top ten position. The Shenwan Hongyuan CSI 1000 Index Enhanced A Fund (017067) held 87,300 shares in the second quarter, accounting for 0.8% of the fund's net value, ranking as the tenth largest holding [2] - The Shenwan Hongyuan CSI 1000 Index Enhanced A Fund was established on February 14, 2023, with a latest scale of 87.4876 million yuan. Year-to-date, it has achieved a return of 30.61%, ranking 1643 out of 4218 in its category; over the past year, it has returned 44.56%, ranking 1078 out of 3864; and since inception, it has returned 26.61% [2] - The fund managers of Shenwan Hongyuan CSI 1000 Index Enhanced A are Liu Dun and Xia Xiangquan, with Liu having a tenure of 8 years and 9 days, managing a total asset scale of 3.457 billion yuan, and Xia having a tenure of 4 years and 362 days, managing a total asset scale of 922 million yuan [2]

Core Insights - Yunda Co., Ltd. experienced a stock price increase of 5.07% on September 17, reaching 19.08 CNY per share, with a trading volume of 465 million CNY and a turnover rate of 3.64%, resulting in a total market capitalization of 15.013 billion CNY [1] Company Overview - Yunda Energy Technology Group Co., Ltd. is located in Hangzhou, Zhejiang Province, and was established on November 30, 2001, with its listing date on April 26, 2019 [1] - The company's main business involves the research, development, production, and sales of large wind turbine generators [1] - Revenue composition includes: wind turbine generators (87.54%), new energy EPC contracting (6.36%), other revenues (4.04%), and power generation income (2.06%) [1] Fund Holdings - According to data, one fund under Shenwan Hongyuan Asset Management holds a significant position in Yunda Co., Ltd. The Shenwan Hongyuan CSI 1000 Index Enhanced A Fund (017067) held 87,300 shares in the second quarter, accounting for 0.8% of the fund's net value, ranking as the tenth largest holding [2] - The fund was established on February 14, 2023, with a latest scale of 87.4876 million CNY, and has achieved a year-to-date return of 27.27%, ranking 1790 out of 4222 in its category [2] - Over the past year, the fund has returned 72.95%, ranking 1213 out of 3804, and since inception, it has achieved a return of 23.38% [2] Fund Manager Performance - The fund manager Liu Dun has a tenure of 7 years and 345 days, managing assets totaling 3.457 billion CNY, with the best fund return during his tenure being 65.03% and the worst being -70.72% [2] - Co-manager Xia Xiangquan has a tenure of 4 years and 333 days, managing assets of 922 million CNY, with the best return of 23.38% and the worst return of -26.61% during his tenure [2]