Core Viewpoint - The stock of Guangdong Xinghui Precision Manufacturing Co., Ltd. has seen a significant increase of 7.23% on September 26, with a trading volume of 302 million yuan and a market capitalization of 2.784 billion yuan [1] Group 1: Company Overview - Guangdong Xinghui Precision Manufacturing Co., Ltd. specializes in the research, production, and sales of precision metal connectors and its own brand of smart home appliances, computer and mobile peripherals, power supplies, and furniture-related consumer electronics [3][7] - The company's main products include slides, hinges, pull baskets, sinks, faucets, and smart home appliances [3] - As of June 30, the company had 27,100 shareholders, an increase of 8% from the previous period, with an average of 13,104 circulating shares per person, a decrease of 7.4% [7] Group 2: Financial Performance - In the first half of 2025, the company achieved operating revenue of 726 million yuan, a year-on-year decrease of 9.38%, and a net profit attributable to the parent company of -10.137 million yuan, a year-on-year decrease of 208.43% [7] - The company's smart home appliance sales revenue reached 240 million yuan in the 2022 semi-annual report, accounting for 37.14% of the e-commerce business revenue [3] - The company has cumulatively distributed dividends of 71.1607 million yuan since its A-share listing, with no dividends distributed in the last three years [8] Group 3: Market Position and Trends - The company's cross-border e-commerce business includes small household appliances such as aroma machines, coffee machines, air fryers, and milk frothers, primarily sold overseas [2] - The company's overseas revenue accounted for 67.99%, benefiting from the depreciation of the RMB [3] - The main business revenue composition includes slides (71.62%), smart home appliances (16.77%), power supplies (8.01%), and others (3.60%) [7] Group 4: Technical Analysis - The average trading cost of the stock is 5.70 yuan, with recent accumulation activity noted, although the strength of this accumulation is weak [6] - The current stock price is near a support level of 6.06 yuan, and if this support level is breached, it may trigger a downward trend [6]