资料显示，恒宝股份有限公司位于江苏省丹阳市横塘工业区，成立日期1996年9月24日，上市日期2007 年1月10日，公司主营业务涉及磁条卡、密码卡等卡类产品及其相关操作系统(COS)和票证产品的研 发、生产和销售。主营业务收入构成为：制卡类78.19%，模块类21.27%，票证类0.31%，其他(补 充)0.24%。 1月9日，恒宝股份（维权）盘中上涨2.01%，截至09:53，报19.78元/股，成交3.00亿元，换手率2.55%， 总市值140.11亿元。 资金流向方面，主力资金净流入549.52万元，特大单买入1695.29万元，占比5.65%，卖出1645.02万元， 占比5.48%；大单买入5941.47万元，占比19.79%，卖出5442.22万元，占比18.13%。 恒宝股份今年以来股价跌8.47%，近5个交易日跌8.47%，近20日涨7.79%，近60日跌7.66%。 分红方面，恒宝股份A股上市后累计派现7.14亿元。近三年，累计派现1.49亿元。 机构持仓方面，截止2025年9月30日，恒宝股份十大流通股东中，华宝中证金融科技主题ETF （159851）位居第二大流通股东，持股921.51万 ...

Group 1 - Hengbao Co., Ltd. experienced a stock price increase of 5.07% on December 29, reaching 21.75 CNY per share, with a trading volume of 1.917 billion CNY and a turnover rate of 15.39%, resulting in a total market capitalization of 15.406 billion CNY [1] - The stock has risen for three consecutive days, with a cumulative increase of 6.81% during this period [1] - Hengbao's main business includes the research, production, and sales of card products such as magnetic stripe cards and password cards, with revenue composition being 78.19% from card products, 21.27% from modules, 0.31% from tickets, and 0.24% from other sources [1] Group 2 - Among the top ten circulating shareholders of Hengbao, Bosera Fund's Bosera Financial Technology ETF (516860) entered the list in the third quarter, holding 1.9088 million shares, which is 0.32% of the circulating shares, resulting in a floating profit of approximately 2.0042 million CNY today [2] - During the three-day stock price increase, the floating profit for Bosera Financial Technology ETF reached 2.5196 million CNY [2] - The Bosera Financial Technology ETF was established on September 24, 2021, with a current size of 2.541 billion CNY, and has achieved a year-to-date return of 15.94%, ranking 3162 out of 4197 in its category [2]

12月26日，恒宝股份（维权）盘中上涨2.00%，截至10:47，报20.90元/股，成交9.65亿元，换手率 7.85%，总市值148.04亿元。 资金流向方面，主力资金净流出275.81万元，特大单买入9020.45万元，占比9.35%，卖出6415.26万元， 占比6.65%；大单买入1.85亿元，占比19.13%，卖出2.13亿元，占比22.12%。 恒宝股份今年以来股价涨212.87%，近5个交易日涨5.13%，近20日涨12.00%，近60日跌1.60%。 今年以来恒宝股份已经51次登上龙虎榜，最近一次登上龙虎榜为12月16日，当日龙虎榜净买入2.84亿 元；买入总计4.45亿元 ，占总成交额比19.66%；卖出总计1.61亿元 ，占总成交额比7.11%。 资料显示，恒宝股份有限公司位于江苏省丹阳市横塘工业区，成立日期1996年9月24日，上市日期2007 年1月10日，公司主营业务涉及磁条卡、密码卡等卡类产品及其相关操作系统(COS)和票证产品的研 发、生产和销售。主营业务收入构成为：制卡类78.19%，模块类21.27%，票证类0.31%，其他(补 充)0.24%。 恒宝股份所属申万行业为：通 ...

Core Viewpoint - Hengbao Co., Ltd. has experienced significant stock price fluctuations, with a year-to-date increase of 180.39% but recent declines in the short term [2] Group 1: Stock Performance - As of November 25, Hengbao's stock price rose by 2.02% to 18.73 CNY per share, with a trading volume of 198 million CNY and a turnover rate of 1.77%, resulting in a total market capitalization of 13.267 billion CNY [1] - The stock has seen a decline of 4.00% over the last five trading days, 19.09% over the last 20 days, and 36.94% over the last 60 days [2] Group 2: Financial Performance - For the period from January to September 2025, Hengbao reported operating revenue of 614 million CNY, a year-on-year decrease of 9.99%, and a net profit attributable to shareholders of 37.2975 million CNY, down 59.19% year-on-year [2] - Since its A-share listing, Hengbao has distributed a total of 714 million CNY in dividends, with 149 million CNY distributed over the last three years [3] Group 3: Shareholder Structure - As of September 30, 2025, the number of shareholders in Hengbao was 230,500, a decrease of 1.62% from the previous period, with an average of 2,602 circulating shares per person, an increase of 1.65% [2] - The top ten circulating shareholders include notable entities such as Huabao CSI Financial Technology Theme ETF and Hong Kong Central Clearing Limited, with significant increases in their holdings [3] Group 4: Business Overview - Hengbao Co., Ltd., established on September 24, 1996, and listed on January 10, 2007, specializes in the development, production, and sales of card products and related operating systems, with a revenue composition of 78.19% from card products, 21.27% from modules, and 0.31% from tickets [2] - The company operates within the communication equipment sector, focusing on concepts such as eSIM, electronic payments, and digital currency [2]

Core Viewpoint - Hengbao Co., Ltd. has experienced significant stock price fluctuations, with a year-to-date increase of 217.96% but a recent decline of 8.25% over the past five trading days, indicating volatility in investor sentiment and market conditions [2]. Group 1: Stock Performance - As of November 4, Hengbao's stock price was 21.24 CNY per share, with a market capitalization of 15.045 billion CNY [1]. - The stock has been on the龙虎榜 (top trading list) 50 times this year, with the most recent appearance on October 28, where it recorded a net buy of -200 million CNY [2]. - The stock has seen a trading volume of 1.50 billion CNY on November 4, with a turnover rate of 1.17% [1]. Group 2: Financial Performance - For the period from January to September 2025, Hengbao reported a revenue of 614 million CNY, a year-on-year decrease of 9.99%, and a net profit attributable to shareholders of 37.2975 million CNY, down 59.19% year-on-year [2]. - The company's main business revenue composition includes card products (78.19%), module products (21.27%), and ticket products (0.31%) [2]. Group 3: Shareholder Information - As of September 30, 2025, Hengbao had 230,500 shareholders, a decrease of 1.62% from the previous period, with an average of 2,602 circulating shares per shareholder, an increase of 1.65% [2]. - The top ten circulating shareholders include significant institutional investors, with notable increases in holdings from several ETFs [3].

Core Viewpoint - Hengbao Co., Ltd. is a leading enterprise in the financial technology and IoT sectors in China, specializing in card products and related operating systems, with a strong technical foundation and extensive customer resources [1] Group 1: Business Performance - In Q3 2025, Hengbao achieved a revenue of 614 million yuan, ranking 19th among 29 companies in the industry, while the top company, Yiyuan Communication, reported revenue of 17.877 billion yuan [2] - The revenue composition includes card products generating 336 million yuan (78.19%), module products 91.49 million yuan (21.27%), ticket products 1.32 million yuan (0.31%), and other products 1.03 million yuan (0.24%) [2] - The net profit for the same period was 37.30 million yuan, placing the company 14th in the industry, with the leading company, Yiyuan Communication, reporting a net profit of 727 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, Hengbao's debt-to-asset ratio was 10.34%, up from 8.12% year-on-year, significantly lower than the industry average of 40.17%, indicating strong solvency and financial safety [3] - The gross profit margin for the period was 29.17%, down from 34.21% year-on-year, but still above the industry average of 26.55%, reflecting a competitive advantage in product profitability [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 1.62% to 230,500, while the average number of circulating A-shares held per shareholder increased by 1.65% to 2,602.09 [5] - Among the top ten circulating shareholders, Huabao Zhongzheng Financial Technology Theme ETF ranked second with 9.2151 million shares, an increase of 4.5389 million shares from the previous period [5]

Core Viewpoint - Hengbao Co., Ltd. experienced a 5.01% decline in stock price, closing at 20.11 CNY per share, with a trading volume of 834 million CNY and a turnover rate of 6.83%, resulting in a total market capitalization of 14.244 billion CNY [1]. Company Overview - Hengbao Co., Ltd. is located in the Hongtang Industrial Zone of Danyang City, Jiangsu Province, and was established on September 24, 1996. The company was listed on January 10, 2007. Its main business involves the research, development, production, and sales of card products such as magnetic stripe cards and password cards, as well as related operating systems (COS) and ticket products [1]. - The revenue composition of Hengbao Co., Ltd. is as follows: card products account for 78.19%, module products for 21.27%, ticket products for 0.31%, and other supplementary products for 0.24% [1]. Fund Holdings - From the perspective of major fund holdings, one fund under Huatai-PB holds a significant position in Hengbao Co., Ltd. The Zhongzheng 2000 fund (563300) held 272,900 shares in the second quarter, representing 0.27% of the fund's net asset value, ranking as the tenth largest holding. The estimated floating loss today is approximately 289,300 CNY [2]. - The Zhongzheng 2000 fund was established on September 6, 2023, with a latest scale of 1.984 billion CNY. Year-to-date returns are 27.85%, ranking 1711 out of 4218 in its category; one-year returns are 33.95%, ranking 1191 out of 3875; and since inception, returns are 29.86% [2]. - The fund managers, Liu Jun and Li Mu Yang, have cumulative management tenures of 16 years and 146 days, and 4 years and 292 days, respectively. Liu Jun manages assets totaling 466.972 billion CNY, with the best fund return during his tenure being 143.37% and the worst being -45.64%. Li Mu Yang manages assets of 21.183 billion CNY, with the best return of 140.75% and the worst of -43.44% during his tenure [2].

Core Viewpoint - Hengbao Co., Ltd. has shown a significant stock price increase of 5.08% on September 17, reaching a price of 26.28 CNY per share, with a trading volume of 1.715 billion CNY and a turnover rate of 11.07%, resulting in a total market capitalization of 18.615 billion CNY [1] Company Overview - Hengbao Co., Ltd. is located in the Hongtang Industrial Zone of Danyang City, Jiangsu Province, and was established on September 24, 1996. The company was listed on January 10, 2007. Its main business involves the research, development, production, and sales of card products such as magnetic stripe cards and password cards, as well as related operating systems (COS) and ticket products [1] - The revenue composition of Hengbao Co., Ltd. is as follows: card products account for 78.19%, module products for 21.27%, ticket products for 0.31%, and other supplementary products for 0.24% [1] Fund Holdings - From the perspective of major fund holdings, one fund under Ping An Asset Management has a significant position in Hengbao Co., Ltd. The Ping An CSI 2000 Enhanced Strategy ETF (159556) held 5,700 shares in the second quarter, representing 0.4% of the fund's net asset value, making it the second-largest holding [2] - The Ping An CSI 2000 Enhanced Strategy ETF (159556) was established on December 27, 2023, with a latest scale of 28.7267 million CNY. Year-to-date, it has achieved a return of 29.16%, ranking 1,638 out of 4,222 in its category; over the past year, it has returned 73.3%, ranking 1,204 out of 3,804; and since inception, it has returned 19.32% [2] - The fund managers of the Ping An CSI 2000 Enhanced Strategy ETF are Yu Yao and Li Yan. Yu Yao has a tenure of 3 years and 319 days, managing assets totaling 131 million CNY, with the best fund return during this period being 17.72% and the worst being -20.06%. Li Yan has a tenure of 1 year and 268 days, managing assets of 12.611 billion CNY, with the best return of 66.31% and the worst of 14.52% during his tenure [2]

Group 1 - Hengbao Co., Ltd. experienced a stock price increase of 5.42% on September 1, reaching 27.63 CNY per share, with a trading volume of 955 million CNY and a turnover rate of 5.88%, resulting in a total market capitalization of 19.571 billion CNY [1] - The company, established on September 24, 1996, and listed on January 10, 2007, specializes in the research, production, and sales of card products such as magnetic stripe cards and password cards, along with their related operating systems (COS) and ticket products [1] - The revenue composition of Hengbao Co., Ltd. is as follows: card products account for 78.19%, module products for 21.27%, ticket products for 0.31%, and other supplementary products for 0.24% [1] Group 2 - Southern Fund has a significant holding in Hengbao Co., Ltd., with its Southern CSI 2000 ETF (159531) holding 49,800 shares, representing 0.18% of the fund's net value, making it the sixth-largest holding [2] - The Southern CSI 2000 ETF (159531) was established on September 7, 2023, with a latest scale of 539 million CNY, achieving a year-to-date return of 33.4%, ranking 1090 out of 4222 in its category; over the past year, it has returned 81.7%, ranking 758 out of 3779 [2] - The fund manager, Li Jialiang, has a tenure of 9 years and 30 days, managing assets totaling 5.328 billion CNY, with the best fund return during his tenure being 144.86% and the worst being -29.58% [2]

Group 1 - The core point of the news is that Hengbao Co., Ltd. experienced a 5.03% drop in stock price, closing at 25.70 yuan per share, with a trading volume of 729 million yuan and a turnover rate of 4.69%, resulting in a total market capitalization of 18.204 billion yuan [1] - Hengbao Co., Ltd. is located in Danyang, Jiangsu Province, and was established on September 24, 1996, with its listing date on January 10, 2007. The company's main business involves the research, development, production, and sales of card products such as magnetic stripe cards and password cards, as well as related operating systems (COS) and ticket products [1] - The revenue composition of Hengbao Co., Ltd. is as follows: card products account for 78.19%, module products for 21.27%, ticket products for 0.31%, and other supplementary products for 0.24% [1] Group 2 - From the perspective of major fund holdings, data shows that Ping An Fund has one fund heavily invested in Hengbao Co., Ltd. The Ping An CSI 2000 Enhanced Strategy ETF (159556) held 5,700 shares in the second quarter, accounting for 0.4% of the fund's net value, making it the second-largest holding [2] - The Ping An CSI 2000 Enhanced Strategy ETF (159556) was established on December 27, 2023, with a latest scale of 28.7267 million yuan. Year-to-date, it has achieved a return of 27.17%, ranking 1304 out of 4222 in its category; over the past year, it has returned 68.45%, ranking 1011 out of 3776; and since inception, it has returned 17.48% [2] - The fund managers of the Ping An CSI 2000 Enhanced Strategy ETF are Yu Yao and Li Yan. Yu Yao has a cumulative tenure of 3 years and 299 days, with a total fund asset scale of 131 million yuan, achieving a best return of 17.48% and a worst return of -20.06% during his tenure. Li Yan has a cumulative tenure of 1 year and 248 days, managing assets totaling 12.611 billion yuan, with a best return of 47.74% and a worst return of 11.99% during his tenure [2]