2025年，沪指报收3968.84点，全年收涨18.41%，年内时隔十年重回4000点；创业板指全年大涨 49.57%。 在剔除2025年上市的新股后，截至2025年12月31日收盘，2025年十大牛股中涨幅最大的为上纬新材，累 计涨幅达1820.29%，其次为天普股份，累计涨幅为1645.35%，十大牛股中有2只股票涨幅超过1000%， 这10股涨幅均超过500%。 | 2025年十大牛 | | | --- | --- | | 股票名称 | 年涨幅 | | 上纬新材 | 1820.29% | | 天普股份 | 1645.35% | | *ST宇顺 | 719.38% | | *ST亚振 | 636.70% | | 胜宏科技 | 586.02% | | 飞沃科技 | 581.66% | 股价从12元涨到218元的高位，天普股份年内有33个交易日涨停，全年累计上涨1645.35%。该股本轮股 价的上涨，始于中昊芯英（杭州）科技有限公司（下称"中昊芯英"）的要约收购。 2025年8月21日晚，天普股份公告，中昊芯英及其一致行动人，计划通过受让股权加增资的方式，收购 该公司控制权。消息披露后，8月22日至9月23日 ...

关于"ST熊猫""上纬新材" "神剑股份"交易风险提示的公告 尊敬的投资者: 一、"*ST熊猫"（600599）近期股价涨幅较大。 公司发布股票交易风险提示公告称,因公司涉嫌信息披 露违法违规,中国证监会决定对公司立案;2025年1-9 月份归属于上市公司股东扣除非经营性损益的净利润同 比下降47.44%;公司2024年度财务报表被出具了无法表 示意见的审计报告,2024年度内部控制被出具了否定意 见的审计报告,截至目前,上述非标意见所涉事项尚未 有进展,如2025年度不符合撤销退市风险警示的情形, 公司股票将被终止上市:公司股东银河湾国际所持公司 部分股份被司法拍卖,不会导致公司控制权发生变更, 亦不会对公司的正常生产经营活动产生影响。敬请广大 投资者注意二级市场交易风险,理性决策,审慎投资。 二、"上纬新材"（688585）股票价格自2025年7 月9日以来大幅上涨,期间多次触及股票交易异常波动 和严重异常波动情形,近日公司股价再次出现较大波动。 公司公告称,公司主营业务仍为环保高性能耐腐蚀材料、 风电叶片用材料、新型复合材料以及循环经济材料的研 发、生产及销售,未发生重大变化;公司具身智能机器 人业务目 ...

29日晚间上纬新材披露股票交易风险提示公告显示，公司股票价格自2025年7月9日至2025年12月29日累计上涨 1598.33%，短期涨幅显著高于科创综指、科创50及同行业等相关指数涨幅，其间多次触及股票交易异常波动及 严重异常波动情形，股票价格已严重脱离当前基本面，存在随时快速下跌的风险，投资者参与交易可能面临较 大风险。 2025年7月9日至2025年12月29日期间，上纬新材股票交易11次触及股票交易异常波动情形，7次触及股票交易 严重异常波动情形，公司已累计发布21次异常波动、严重异常波动、交易风险提示公告，提示股票交易风险； 7月25日以来上海证券交易所7次公告称已对公司股票进行重点监控。 12月29日，上纬新材（688585）股价大幅上行，午后该公司股价冲抵涨停，涨幅20%，报收132.13元/股，创历 史新高。 响的实质同业竞争的前提下，在不存在严重影响独立性或者显失公平的关联交易的前提下，与关联方各自独立 开展业务，发展具身智能机器人业务，公司在人员、资产、业务、机构、财务等方面均保持独立。 公司与关联方各自独立开展具身智能机器人业务，应用场景不同，确保与关联方不构成重大不利影响的实质同 业 ...

Core Viewpoint - The article highlights the rapid growth and transformation of Shangwei New Materials, particularly following its acquisition by Zhiyuan Robotics, which has led to a significant increase in market value and a shift towards developing embodied intelligent robotics [2][6]. Group 1: Company Growth and Acquisition - Shangwei New Materials' market value surged from over 3 billion to 47.7 billion within six months, marking a 15-fold increase [2]. - Zhiyuan Robotics acquired over 63% of Shangwei New Materials, becoming the controlling shareholder, with its chairman, Deng Taihua, now acting as the actual controller of the company [2]. - The company announced its independent development of embodied intelligent robotics following the acquisition [2]. Group 2: Management Changes - The company appointed Peng Zhihui, known as "Zhihui Jun," as chairman of the board, with a term lasting until the end of the current board's tenure [2]. - A new executive team was established, including Tian Hua as CEO, Zhou Bin as Co-CEO and CTO, Zhang Biao as CFO, and Li Yuan as board secretary, with many members having backgrounds from top institutions and companies like Huawei and Nvidia [5][6]. Group 3: Financial Performance - In Q3, Shangwei New Materials reported revenue of 496 million, a year-on-year increase of 23.73%, and a net profit of 30.64 million, up 49.66% [7]. - For the first three quarters, the company achieved revenue of 1.279 billion, a 16.60% increase year-on-year, but net profit decreased by 6.92% to 60.55 million [7]. - The performance changes were attributed to increased sales leading to higher gross margins [7]. Group 4: Business Focus and Development - The company has shifted its focus towards two main areas: leveraging its recyclable resin technology to capitalize on the circular economy and applying new material technologies in the emerging low-altitude economy [7]. - In the low-altitude economy sector, Shangwei New Materials has developed various resins suitable for different components of drones and eVTOL aircraft [7]. - The company has signed cooperation agreements for recyclable blade resin with several major firms, including Goldwind Technology and Siemens [8].

Core Viewpoint - The stock price of the company has surged by 1573.52% from July 9 to November 11, significantly outpacing related indices, indicating a risk of a rapid decline in the short term [1]. Group 1: Stock Performance - As of November 11, the company's stock closed at 130.20 yuan per share, with a market capitalization of 52.52 billion yuan [5]. - The company issued a risk warning regarding its stock price increase, highlighting the potential for a swift downturn [1]. Group 2: Business Development - The company is currently in the product development stage for its embodied intelligent robot business, which has not yet achieved mass production or significant sales, and is not expected to positively impact the 2025 financial performance [7]. - The main business remains focused on the research, production, and sales of high-performance corrosion-resistant materials, wind turbine blade materials, new composite materials, and circular economy materials, with no significant changes reported [8]. Group 3: Shareholding and Governance - The company announced that the share acquisition by Shanghai Zhiyuan Hengyue Technology Partnership has been completed, resulting in Zhiyuan Hengyue and its concerted parties holding 63.62% of the company's shares [7]. - Following the board election, the company will operate independently from related parties in the development of the intelligent robot business, ensuring no significant adverse impact from substantial competition with related parties [7].

Core Viewpoint - The stock price of the company has surged by 1573.52% from July 9 to November 11, significantly outpacing related indices, leading to a warning about the risk of a rapid decline in stock price [1]. Group 1: Stock Performance and Market Reaction - On November 11, the company's stock price reached 130.20 CNY per share, with a market capitalization of 52.52 billion CNY [5]. - The company issued a risk warning regarding its stock price increase, indicating that the short-term gains are unsustainable [1][5]. Group 2: Business Operations and Developments - The company is currently in the product development phase for its embodied intelligent robot business, which has not yet achieved mass production or revenue generation, and is not expected to positively impact the 2025 financial performance [5]. - The main business remains focused on the research, production, and sales of environmentally friendly high-performance corrosion-resistant materials, materials for wind turbine blades, new composite materials, and circular economy materials, with no significant changes reported [5][6]. Group 3: Shareholding and Governance Changes - The company announced that the share acquisition by Shanghai Zhiyuan Hengyue Technology Partnership has been completed, resulting in Zhiyuan Hengyue and its concerted parties holding 63.62% of the company's shares [5]. - Following the board election, the company will operate independently from related parties in the intelligent robot business, ensuring no substantial adverse impact from competition [6].

Core Viewpoint - The stock price of the company has surged by 1573.52% from July 9 to November 11, significantly outpacing related indices, which raises concerns about a potential rapid decline in the stock price [2] Group 1: Stock Performance and Market Reaction - On November 11, the company's stock price reached 130.20 CNY per share, with a market capitalization of 52.52 billion CNY [6] - The company issued a risk warning regarding its stock price volatility due to the substantial increase over a short period [2][6] Group 2: Business Development and Operations - The company is currently in the product development stage for its embodied intelligent robot business, which has not yet achieved mass production or revenue generation, and is not expected to positively impact the 2025 financial performance [6][7] - The main business remains focused on the research, production, and sales of environmentally friendly high-performance corrosion-resistant materials, wind turbine blade materials, new composite materials, and circular economy materials, with no significant changes reported [6][7] Group 3: Shareholding and Governance Changes - The company announced that the share acquisition by Shanghai Zhiyuan Hengyue Technology Partnership has been completed, resulting in Zhiyuan Hengyue and its concerted parties holding 63.62% of the company's shares [6] - Following the board election, the company will operate independently from related parties in the development of the embodied intelligent robot business, ensuring no significant adverse impact from substantial competition with related parties [7]

Core Viewpoint - The stock price of the company has surged by 1573.52% from July 9, 2025, to November 11, 2025, significantly outperforming related indices and peers, indicating a potential disconnect from the company's fundamentals [2]. Group 1: Stock Performance - The company's stock price hit a limit-up on November 11, 2025, closing at 130.20 yuan per share, with a total market capitalization exceeding 52.5 billion yuan [4]. - The stock has experienced multiple instances of abnormal trading fluctuations during the period of significant price increase [2]. Group 2: Business Development - The company is currently in the product development stage for its embodied intelligent robot business, which has not yet achieved mass production or significant sales, and is not expected to positively impact the 2025 financial performance [2]. - The company continues to focus on its main business areas, including the research, production, and sales of environmentally friendly high-performance corrosion-resistant materials, materials for wind turbine blades, new composite materials, and circular economy materials, with no significant changes reported [4]. Group 3: Market Activity - Following the announcement of a new product preview related to a humanoid robot, the company's stock price continued to rise, indicating positive market sentiment [4].

Core Viewpoint - The company, Shangwei New Materials, has announced that its main business remains focused on the research, production, and sales of environmentally friendly high-performance corrosion-resistant materials, wind turbine blade materials, new composite materials, and circular economy materials, with no significant changes reported in operations or market conditions [1] Group 1 - The company is currently developing a new business in embodied intelligent robotics, which is still in the product development stage and has not yet achieved mass production or scale sales, meaning it has not generated revenue or profit, and is not expected to positively impact the 2025 performance [1] - The company's fundamentals have not undergone significant changes; however, the recent stock trading price has severely deviated from the current fundamental situation, indicating a risk of a rapid decline in stock price [1] - If the stock price continues to diverge from the company's fundamentals, the company may apply for a trading suspension review from the Shanghai Stock Exchange according to relevant regulations [1]

Core Viewpoint - The stock of the company, Upwind New Materials (688585.SH), has increased by 1573.52% from July 9, 2025, to November 11, 2025, significantly outperforming related indices, indicating a risk of a rapid decline at any time [1] Group 1: Business Development - The company is currently in the product development stage for its embodied intelligent robot business, which has not yet achieved mass production or scaled sales, and is not expected to contribute positively to the 2025 financial performance [1] - The company and its affiliates are independently developing the embodied intelligent robot business with different application scenarios to ensure no significant adverse impact from substantial competition with affiliates [1] Group 2: Main Business Operations - The company's main business remains focused on the research, production, and sales of environmentally friendly high-performance corrosion-resistant materials, materials for wind turbine blades, new composite materials, and circular economy materials, with no significant changes reported [1] - There have been no major changes in the company's production and operations, market environment, industry policies, production costs, or sales conditions [1]