Group 1 - The core point of the news is that Tonglian Precision has experienced a decline in stock price, dropping by 5.06% to 49.89 CNY per share, with a trading volume of 1.05 billion CNY and a market capitalization of 8.052 billion CNY [1] - Tonglian Precision, established on June 12, 2016, and listed on December 27, 2021, specializes in the research, design, production, and sales of high-precision, high-density, and complex-shaped precision components [1] - The company's main business revenue composition includes 66.47% from other metal craft products and plastic products, 30.78% from MIM products, 1.43% from molds and tools, and 1.32% from other sources [1] Group 2 - In the context of major shareholders, Invesco Great Wall Fund has a fund that ranks among the top ten circulating shareholders of Tonglian Precision, holding 2.5323 million shares, which is 1.57% of the circulating shares [2] - The Invesco Great Wall Steady Return Mixed A Fund (001194) has achieved a year-to-date return of 99.28%, ranking 37 out of 8140 in its category, and a one-year return of 102.2%, ranking 25 out of 8057 [2] - The fund manager, Jiang Shan, has been in the position for 4 years and 99 days, with a total fund asset scale of 36.787 billion CNY and a best return of 176.04% during his tenure [2]

Core Viewpoint - The financial performance of Tonglian Precision shows mixed results, with revenue growth but a significant decline in net profit, indicating potential challenges ahead for the company [2]. Group 1: Financial Performance - As of September 30, 2025, Tonglian Precision achieved a revenue of 642 million yuan, representing a year-on-year growth of 8.38% [2]. - The net profit attributable to shareholders was 5.76 million yuan, which reflects a substantial year-on-year decrease of 88.94% [2]. - Cumulative cash dividends since the company's A-share listing amount to 147 million yuan, with 131 million yuan distributed over the past three years [3]. Group 2: Shareholder and Market Activity - As of November 11, 2023, the trading volume for Tonglian Precision was 347 million yuan, with a net financing outflow of 20.62 million yuan [1]. - The total balance of margin trading and securities lending for Tonglian Precision was 442 million yuan, accounting for 4.96% of its market capitalization, indicating a high level of margin activity [1]. - The number of shareholders decreased by 20.08% to 4,670, while the average number of circulating shares per person increased by 26.02% to 34,560 shares [2]. Group 3: Institutional Holdings - As of September 30, 2025, notable institutional shareholders include Huaxia Industry Prosperity Mixed Fund, which is the fifth largest shareholder with 4.515 million shares, and several other new institutional investors [3]. - The seventh largest shareholder, Jin Ying Technology Innovation Stock A, increased its holdings by 428,600 shares compared to the previous period [3].

Group 1 - The core viewpoint of the news is the performance and market position of Tonglian Precision, which saw a stock price increase of 5.01% to 62.00 CNY per share, with a total market capitalization of 10.007 billion CNY [1] - Tonglian Precision specializes in the research, design, production, and sales of high-precision, high-density, and complex-shaped precision components, with its main business revenue composition being 66.47% from other metal craft products and plastic products, 30.78% from MIM products, 1.43% from molds and tools, and 1.32% from other sources [1] - The company was established on June 12, 2016, and went public on December 27, 2021, indicating a relatively recent entry into the public market [1] Group 2 - Minsheng Jia Yin Fund has a significant holding in Tonglian Precision, with its top fund, Minsheng Jia Yin Ju You Selected Mixed A (013296), reducing its stake by 6.48 thousand shares in the third quarter, now holding 240 thousand shares, which represents 9.51% of the fund's net value [2] - The fund has achieved a year-to-date return of 13.91% and a one-year return of 30.61%, ranking 5188 out of 8149 and 2084 out of 8053 in its category, respectively [2] - The fund manager, Zhu Chenzhe, has been in charge for nearly 3 years and has overseen a total fund asset size of 1.792 billion CNY, with the best and worst fund returns during his tenure being 12.19% and -1.95%, respectively [3]

Group 1 - The core point of the news is that Tonglian Precision has experienced a decline in stock price, dropping by 5.21% to 58.20 CNY per share, with a total market capitalization of 9.393 billion CNY [1] - The company, Shenzhen Tonglian Precision Manufacturing Co., Ltd., specializes in the research, design, production, and sales of high-precision, high-density, and complex-shaped precision components, with its main business revenue composition being 66.47% from other metal craft products and plastic products, 30.78% from MIM products, 1.43% from molds and tools, and 1.32% from others [1] - The company was established on June 12, 2016, and went public on December 27, 2021 [1] Group 2 - Minsheng Jia Yin Fund has a significant holding in Tonglian Precision, with its fund, Minsheng Jia Yin Ju You Selected Mixed A (013296), reducing its stake by 6.48 million shares in the third quarter, now holding 240,000 shares, which accounts for 9.51% of the fund's net value [2] - The fund has reported a floating loss of approximately 768,000 CNY due to the stock's decline [2] - The fund was established on October 14, 2021, with a current size of 155 million CNY, achieving a year-to-date return of 13.91% and a one-year return of 37.22% [2]

Group 1 - The core viewpoint of the news is that Tonglian Precision has seen a significant increase in its stock price, rising by 5.92% to 66.39 CNY per share, with a total market capitalization of 10.715 billion CNY [1] - Tonglian Precision, established on June 12, 2016, and listed on December 27, 2021, specializes in the research, design, production, and sales of high-precision, high-density, and complex-shaped precision components [1] - The company's main business revenue composition includes 66.47% from other metal craft products and plastic products, 30.78% from MIM products, 1.43% from molds and tools, and 1.32% from other sources [1] Group 2 - From the perspective of major fund holdings, Minsheng Jia Yin Fund has a significant position in Tonglian Precision, with its fund "Minsheng Jia Yin Ju You Selected Mixed A" reducing its holdings by 6.48 thousand shares in the third quarter, now holding 240 thousand shares, which constitutes 9.51% of the fund's net value [2] - The fund has achieved a floating profit of approximately 890,400 CNY as of the report date [2] - The fund was established on October 14, 2021, with a current scale of 155 million CNY, and has reported an 18.08% return this year, ranking 4755 out of 8223 in its category [2]

Core Insights - Tonglian Precision experienced a stock price increase of 5.12%, reaching 61.58 CNY per share, with a trading volume of 144 million CNY and a turnover rate of 1.50%, resulting in a total market capitalization of 9.939 billion CNY [1] Company Overview - Shenzhen Tonglian Precision Manufacturing Co., Ltd. was established on June 12, 2016, and went public on December 27, 2021. The company specializes in the research, design, production, and sales of high-precision, high-density, complex-shaped, and aesthetically pleasing precision components [1] - The main business revenue composition includes: 66.47% from other metal craft products and plastic products, 30.78% from MIM products, 1.43% from molds and tools, and 1.32% from other sources [1] Shareholder Insights - In the third quarter, Invesco Great Wall Fund's "Invesco Great Wall Steady Return Mixed A Class" (001194) entered the top ten circulating shareholders of Tonglian Precision, holding 2.5323 million shares, which accounts for 1.57% of the circulating shares. The estimated floating profit for today is approximately 7.5969 million CNY [2][4] - The fund was established on April 10, 2015, with a latest scale of 2.157 billion CNY. Year-to-date returns are 116.44%, ranking 28 out of 8154 in its category, while the one-year return is 122.4%, also ranking 28 out of 8046 [2] Fund Management - The fund manager of Invesco Great Wall Steady Return Mixed A Class is Jiang Shan, who has been in the position for 4 years and 81 days. The total asset scale of the fund is 36.787 billion CNY, with the best return during his tenure being 209.33% and the worst being -16.09% [3]

Group 1 - The core viewpoint of the news is that Tonglian Precision has experienced a decline in stock price, dropping by 5.57% to 57.61 CNY per share, with a trading volume of 293 million CNY and a turnover rate of 3.06%, resulting in a total market capitalization of 9.298 billion CNY [1] - Tonglian Precision, established on June 12, 2016, and listed on December 27, 2021, specializes in the research, design, production, and sales of high-precision, high-density, and complex-shaped precision components [1] - The main business revenue composition of Tonglian Precision includes: 66.47% from other metal craft products and plastic products, 30.78% from MIM products, 1.43% from molds and tools, and 1.32% from other sources [1] Group 2 - Among the top circulating shareholders of Tonglian Precision, Jin Ying Fund has a fund that entered the top ten circulating shareholders, holding 2.2598 million shares, which accounts for 1.41% of the circulating shares [2] - Jin Ying Technology Innovation Stock A (001167) has achieved a year-to-date return of 50.04%, ranking 931 out of 4220 in its category, and a one-year return of 65.86%, ranking 264 out of 3852 [2] - The fund manager of Jin Ying Technology Innovation Stock A is Chen Ying, who has a tenure of 10 years and 125 days, with the fund's total asset size at 8.662 billion CNY [3]

Core Viewpoint - The company, Tonglian Precision, experienced a decline in stock price and trading volume on October 9, with a net financing outflow, indicating potential investor caution and high financing levels [1]. Financing and Trading Data - On October 9, Tonglian Precision's stock fell by 2.31%, with a trading volume of 384 million yuan. The financing buy-in amounted to 65.26 million yuan, while financing repayment was 70.39 million yuan, resulting in a net financing outflow of 5.13 million yuan [1]. - As of October 9, the total financing and securities lending balance for Tonglian Precision was 466 million yuan, representing 4.73% of its market capitalization, which is above the 90th percentile of the past year, indicating a high level of financing [1]. - In terms of securities lending, there were no shares repaid or sold on October 9, with a lending balance of 0 shares, also reflecting a high level at the 80th percentile of the past year [1]. Company Overview - Tonglian Precision, established on June 12, 2016, and listed on December 27, 2021, is located in Longhua District, Shenzhen, Guangdong Province. The company specializes in the research, design, production, and sales of high-precision, high-density, and complex-shaped precision components [1]. - The main revenue sources for the company include other metal craft products and plastic products (66.47%), MIM products (30.78%), mold tooling and equipment (1.43%), and others (1.32%) [1]. Financial Performance - As of June 30, the number of shareholders for Tonglian Precision was 5,843, a decrease of 10.30% from the previous period. The average number of circulating shares per person increased by 66.36% to 27,424 shares [2]. - For the first half of 2025, the company reported revenue of 402 million yuan, a year-on-year increase of 10.01%. However, the net profit attributable to shareholders decreased by 88.24% to 4.87 million yuan [2]. Dividend and Shareholder Information - Since its A-share listing, Tonglian Precision has distributed a total of 147 million yuan in dividends, with 131 million yuan distributed over the past three years [3]. - As of June 30, 2025, among the top ten circulating shareholders, Jinying Technology Innovation Stock A (001167) was the eighth largest shareholder with 2.26 million shares, marking a new entry. Additionally, Bosera Science and Technology Innovation Board Three-Year Open Mixed Fund (506005) was the ninth largest shareholder, increasing its holdings by 438,200 shares [3].

Core Insights - The stock of Tonglian Precision increased by 5.16% to 64.99 CNY per share, with a trading volume of 141 million CNY and a turnover rate of 1.38%, resulting in a total market capitalization of 10.489 billion CNY [1] Company Overview - Tonglian Precision, established on June 12, 2016, and listed on December 27, 2021, is located in Longhua District, Shenzhen, Guangdong Province. The company specializes in the research, design, production, and sales of high-precision, high-density, complex-shaped, and aesthetically pleasing precision components [1] - The main business revenue composition includes: 66.47% from other metal craft products and plastic products, 30.78% from MIM products, 1.43% from molds and tools, and 1.32% from other sources [1] Shareholder Insights - Jin Ying Fund's Jin Ying Technology Innovation Stock A (001167) entered the top ten circulating shareholders of Tonglian Precision in the second quarter, holding 2.2598 million shares, which accounts for 1.41% of the circulating shares. The estimated floating profit today is approximately 7.2089 million CNY [2] - Jin Ying Technology Innovation Stock A was established on April 30, 2015, with a latest scale of 3.19 billion CNY. Year-to-date returns are 46.16%, ranking 939 out of 4220 in its category; one-year returns are 83.04%, ranking 464 out of 3846; and since inception, returns are 162.95% [2]

Group 1 - The core viewpoint of the news is the performance and financial metrics of Tonglian Precision, which saw a stock price increase of 5.08% to 55.68 CNY per share, with a trading volume of 149 million CNY and a market capitalization of 8.922 billion CNY [1] - Tonglian Precision, established on June 12, 2016, and listed on December 27, 2021, specializes in the research, design, production, and sales of high-precision, high-density, and complex-shaped precision components [1] - The company's main business revenue composition includes: 66.47% from other metal craft products and plastic products, 30.78% from MIM products, 1.43% from molds and tools, and 1.32% from other sources [1] Group 2 - From the perspective of major fund holdings, Minsheng Jia Yin Fund has a significant position in Tonglian Precision, with the Minsheng Jia Yin Ju You Selected Mixed Fund (013296) holding 304,800 shares, accounting for 5.2% of the fund's net value, ranking as the eighth largest holding [2] - The Minsheng Jia Yin Ju You Selected Mixed Fund was established on October 14, 2021, with a latest scale of 134 million CNY, achieving a year-to-date return of 22.2% and a one-year return of 108.9% [2] - The fund manager, Zhu Chenzhe, has been in position for 3 years and 284 days, with the fund's total asset scale at 1.483 billion CNY, achieving a best return of 12.53% and a worst return of 0.74% during his tenure [3]