太平量化选股混合A（021884）基金经理为张子权。 截至发稿，张子权累计任职时间3年208天，现任基金资产总规模70.37亿元，任职期间最佳基金回报 55.34%， 任职期间最差基金回报1.12%。 从基金十大重仓股角度 数据显示，太平基金旗下1只基金重仓中晟高科。太平量化选股混合A（021884）三季度持有股数1.58万 股，占基金净值比例为0.49%，位居第四大重仓股。根据测算，今日浮亏损失约1.72万元。连续3天下跌 期间浮亏损失1.79万元。 太平量化选股混合A（021884）成立日期2024年10月29日，最新规模6361.58万。今年以来收益 32.06%，同类排名2232/8136；近一年收益30.72%，同类排名1973/8056；成立以来收益30.73%。 11月21日，中晟高科跌5.03%，截至发稿，报20.58元/股，成交4172.52万元，换手率1.59%，总市值 25.67亿元。中晟高科股价已经连续3天下跌，区间累计跌幅4.96%。 资料显示，江苏中晟高科环境股份有限公司位于江苏省苏州市吴中区石湖西路168号科技服务中心大楼 21F，成立日期1992年4月11日，上市日期2016年 ...

Core Points - Compton's stock price decreased by 2.23% on November 7, trading at 15.36 CNY per share with a market capitalization of 3.939 billion CNY [1] - The company has seen a year-to-date stock price increase of 76.15%, with a recent 5-day increase of 0.52% and a 20-day decrease of 7.53% [2] Company Overview - Compton Technology Co., Ltd. was established on December 19, 2003, and went public on April 6, 2016. The company is located in Laoshan District, Qingdao, Shandong Province [2] - The main business areas include research, production, and sales of lubricants, automotive chemicals, and exhaust treatment fluids. The revenue composition is as follows: automotive lubricants 44.57%, exhaust treatment fluids 42.78%, industrial lubricants 9.05%, antifreeze 3.53%, and others 0.07% [2] Financial Performance - For the period from January to September 2025, Compton reported a revenue of 753 million CNY, a year-on-year decrease of 10.85%, and a net profit attributable to shareholders of 54.76 million CNY, down 4.79% year-on-year [2] - The company has distributed a total of 237 million CNY in dividends since its A-share listing, with 56.74 million CNY distributed over the past three years [3] Shareholder Information - As of October 31, the number of shareholders is 11,200, a decrease of 2.61% from the previous period, with an average of 22,897 circulating shares per shareholder, an increase of 2.68% [2]

Core Insights - The industrial lubricating oil market in China is projected to reach approximately 45.56 billion yuan by 2024, with a compound annual growth rate (CAGR) of about 7.24% from 2018 to 2024 [13][14] - The production volume of industrial lubricating oil in China is expected to grow from approximately 2.1422 million tons in 2018 to 2.714 million tons in 2024, reflecting a CAGR of around 4.02% [11][12] - The industry is characterized by a diverse range of applications across various sectors, including steel, electricity, shipbuilding, and cement, highlighting its critical role in industrial machinery [8][13] Industry Overview - Industrial lubricating oil is categorized into industrial and automotive lubricants, with various base oil types such as mineral oil, PAO synthetic oil, and biodegradable oils [5][6] - The upstream raw materials for industrial lubricating oil include base oils and additives, while the downstream applications are primarily in industries like steel, electricity, shipbuilding, and cement [8][9] Market Dynamics - The demand for industrial lubricating oil is increasing due to the overall acceleration of industrial development in China, leading to a continuous expansion of market size [13] - Foreign brands like Mobil and Shell have established a strong presence in the high-end market, while domestic brands such as Kunlun and Changcheng primarily occupy the mid to low-end segments [2] Competitive Landscape - The report provides a comprehensive analysis of the competitive landscape, including key players in the market such as Sinopec, ExxonMobil, and Qingdao Compton Technology Co., Ltd., detailing their market positions and product offerings [16][17] - The industry is analyzed using various models such as SCP, SWOT, and PEST to assess market environment, policies, competition, and technological innovations [2][4] Future Outlook - The report forecasts the future development trends of the industrial lubricating oil industry from 2026 to 2032, emphasizing investment opportunities and potential risks [24][33] - It highlights the importance of improving base oil quality, accelerating technological advancements, and implementing effective marketing strategies to adapt to new market conditions [35][34]

证券代码：603798 证券简称：康普顿 公告编号：2025-040 青岛康普顿科技股份有限公司 2025年第三季度主要经营数据公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 根据上海证券交易所《上市公司行业信息披露指引第十八号—化工》有关规 定和披露要求，公司 2025 年第三季度主要经营数据如下： （四）其他对公司生产经营具有重大影响的事项 本季度未发生对公司生产经营具有重大影响的其他事项。以上经营数据信息 来源于公司报告期内财务数据，且未经审计，仅为投资者及时了解公司生产经营 概况之用，敬请广大投资者理性投资，注意投资风险。 特此公告 青岛康普顿科技股份有限公司 2025 年 10 月 25 日 单位：元/吨 | 产品名称 | 2025 年 第三季度价格 | 2024 年 第三季度价格 | 变动幅度 | | --- | --- | --- | --- | | 车用润滑油 | 16,500 | 15,665 | 5.3% | | 工业润滑油 | 10,162 | 10,458 | -2.8% | | 防冻液 | ...

Core Viewpoint - Zhongsheng High-Tech's stock price has shown a positive trend, with a year-to-date increase of 15.35%, indicating strong market performance and investor interest [1] Financial Performance - For the first half of 2025, Zhongsheng High-Tech reported a revenue of 64.22 million yuan, a significant decrease of 73.31% year-on-year [2] - The net profit attributable to the parent company was 47.01 million yuan, reflecting a substantial increase of 376.20% year-on-year [2] Stock Market Activity - As of September 29, Zhongsheng High-Tech's stock price was 20.14 yuan per share, with a trading volume of 20.60 million yuan and a turnover rate of 0.84% [1] - The company experienced a net inflow of main funds amounting to 2.25 million yuan, with large orders accounting for 20.81% of purchases [1] Shareholder Information - As of June 30, the number of shareholders for Zhongsheng High-Tech reached 11,000, an increase of 13.72% from the previous period [2] - The average circulating shares per person decreased by 12.07% to 11,171 shares [2] Business Overview - Zhongsheng High-Tech specializes in the research, production, and sales of various industrial and automotive lubricants, as well as environmental services [1] - The main revenue sources include 94.87% from wastewater treatment facility operations, 2.29% from environmental engineering, 2.11% from environmental consulting, and 0.74% from energy trading [1]

Core Viewpoint - Yanzhou Coal Mining Company Limited proposes to spin off its subsidiary, Kason Technology, for listing on the National Equities Exchange and Quotations, focusing on the development, production, and sales of industrial lubricants and greases [1] Financial Summary - As of June 30, 2025, Kason Technology has total assets of 3.555 billion yuan, total liabilities of 1.492 billion yuan, and net assets of 2.063 billion yuan [1] - For the first half of 2025, Kason Technology reported revenue of 1.535 billion yuan and a net profit of 43.5512 million yuan [1] Corporate Structure - After the proposed spin-off, Kason Technology will continue to be a controlled subsidiary of Yanzhou Coal Mining Company Limited [1]

Group 1 - The core viewpoint of the article is that Yanzhou Coal Mining Company Limited plans to spin off its subsidiary, Kason Technology Co., Ltd., and list it on the National Equities Exchange and Quotations (NEEQ) system, also known as the New Third Board [1] - Kason Technology is primarily engaged in the research, production, and sales of various industrial lubricants and greases [1] - The proposed spin-off, if successful, is expected to enhance Kason Technology's focus on its core lubricant business while leveraging its advantages in industrial lubricants and online oil monitoring technology [1] Group 2 - The spin-off aims to promote technological research and development in online oil monitoring and related hardware and software manufacturing [1] - This initiative is anticipated to drive innovation and improve the efficiency of results conversion, contributing to the development of the group's high-end equipment manufacturing sector [1] - The overall goal is to continuously expand the group's industrial scale through this strategic move [1]

Core Viewpoint - Yanzhou Coal Mining Company Limited plans to spin off its subsidiary, Kason Technology Co., Ltd., and list it on the National Equities Exchange and Quotations (NEEQ) to enhance its operational focus and market presence [1][2]. Group 1: Reasons and Benefits for Spin-off - The successful spin-off will allow Kason Technology to broaden its financing channels, increase investment in the industrial lubrication sector, and strengthen its market competitiveness, thereby enhancing the profitability and overall competitiveness of the high-end equipment manufacturing segment [2]. - The spin-off is expected to provide Kason Technology with greater market exposure and media attention, improving its brand image and credibility among customers, suppliers, and partners, which can attract talent and enhance its creditworthiness with financial institutions [2]. - During the spin-off process, Kason Technology will improve its financial systems, information disclosure mechanisms, and internal control systems, which will enhance management standards, financial transparency, and operational efficiency [2]. Group 2: Post Spin-off Implications - After the spin-off, the NEEQ will provide a market price reference for Kason Technology, allowing for a more accurate reflection of its value and enabling the capital market to reasonably evaluate the group's various business segments [3]. - The parent company will maintain control over Kason Technology and continue to consolidate its financial statements, ensuring that it benefits from Kason Technology's future business development and growth [3].

Core Viewpoint - Yanzhou Coal Mining Company Limited plans to spin off its subsidiary, Kason Technology Co., Ltd., and list it on the National Equities Exchange and Quotations (NEEQ) system, aiming to enhance its operational efficiency and market presence in the industrial lubricants sector [1] Group 1 - The proposed spin-off is expected to broaden Kason Technology's financing channels, allowing for increased investment in the industrial lubricants sector, thereby strengthening market competitiveness and expanding its product range [2] - The spin-off will enhance Kason Technology's market exposure and brand image, attracting talent and improving creditworthiness with financial institutions, which may facilitate easier access to loans and credit [2] - Kason Technology will improve its financial systems and internal controls in compliance with regulatory requirements during the spin-off process, leading to better management standards and operational efficiency [2] Group 2 - Post-spin-off, the NEEQ will provide a market price reference for Kason Technology, allowing for a more accurate reflection of its value and enabling better valuation of the group's various business segments [3] - The company will maintain control over Kason Technology after the spin-off, continuing to consolidate its financial statements, thus benefiting from Kason Technology's future growth and development [3]

Core Viewpoint - Qingdao Copton Technology Co., Ltd. reported a net profit of 53,734,290.31 yuan for the first half of 2025, representing a 16.91% increase compared to the same period last year, despite a 4.95% decline in revenue [2][3][10]. Company Overview and Key Financial Indicators - The company is focused on the research, production, and sales of lubricants, automotive chemicals, and automotive exhaust treatment fluids, with key products including automotive lubricants and industrial lubricants [3][4]. - As of June 30, 2025, the company's total assets reached 1,397,985,579.38 yuan, a 1.02% increase from the end of the previous year, while net assets amounted to 1,161,493,323.61 yuan, up 2.32% [2][10]. Industry and Main Business Situation - The lubricants industry is undergoing significant transformation, with traditional internal combustion engine oil demand growth slowing to below 3%, while industrial oil demand is growing at 10% due to sectors like wind energy and hydrogen energy [3][4]. - The automotive exhaust treatment fluid market is expanding due to stricter regulations, with demand expected to reach 450,000 tons in 2025, driven by the implementation of the National VI standard [3][4]. - The hydrogen energy market is also progressing, with over 30 provinces in China enhancing hydrogen energy policies, supporting the growth of hydrogen fuel cell vehicles [3][4]. Financial Performance Analysis - The company's revenue for the first half of 2025 was 575,305,699.38 yuan, down from 605,288,361.96 yuan in the same period last year, primarily due to reduced sales [2][10]. - Operating costs decreased by 7.44% to 443,157,577.57 yuan, reflecting the overall decline in sales [10]. - The net cash flow from operating activities increased by 23.93% to 145,262,729.41 yuan, indicating improved cash generation capabilities [10]. Competitive Advantages - The company has established a strong brand reputation over 36 years, recognized for high-quality products and services, which enhances its market position [6][7]. - Continuous investment in R&D has led to the successful launch of innovative products, including various types of synthetic oils and high-performance lubricants [6][7]. - The company has developed a nationwide distribution network for its industrial oil business, securing partnerships with major clients and stabilizing sales channels [4][5]. Future Outlook - The company aims to enhance its product offerings and market presence through ongoing innovation and strategic partnerships, particularly in the growing sectors of automotive chemicals and hydrogen energy [3][4][5]. - The focus on quality improvement and sustainable practices is expected to strengthen the company's competitive edge in the evolving market landscape [5][6].