Core Viewpoint - Tenglong Co., Ltd. is a leading enterprise in the automotive thermal management sector, focusing on the research, production, and sales of automotive heat exchange system pipeline products, with a strong technical capability in this area [1] Financial Performance - For Q3 2025, Tenglong's revenue was 2.865 billion yuan, ranking 24th among 103 companies in the industry, significantly lower than the top company Weichai Power at 170.571 billion yuan and second-ranked Top Group at 20.928 billion yuan [2] - The main business revenue breakdown includes 1.228 billion yuan from automotive thermal management system components (64.89%), 363 million yuan from EGR systems and sensors (19.20%), and 301 million yuan from automotive rubber and plastic components (15.91%) [2] - The net profit for the same period was 164 million yuan, ranking 32nd in the industry, again far behind Weichai Power's 10.852 billion yuan and Top Group's 1.969 billion yuan [2] Financial Ratios - As of Q3 2025, Tenglong's debt-to-asset ratio was 48.17%, higher than the previous year's 45.66% and above the industry average of 39.06% [3] - The gross profit margin for Q3 2025 was 19.05%, down from 21.83% in the previous year and below the industry average of 21.53% [3] Executive Compensation - The chairman, Jiang Xuezheng, received a salary of 600,000 yuan in 2024, a decrease of 100,000 yuan from 2023 [4] - The general manager, Li Min, earned 660,000 yuan in 2024, down 28,200 yuan from the previous year [4] Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 90.63% to 69,000, while the average number of circulating A-shares held per shareholder decreased by 47.54% to 7,110.35 [5] - The top circulating shareholder is Guangfa Innovation Upgrade Mixed Fund, holding 3.621 million shares as a new shareholder [5] Business Development - Tenglong's revenue from new energy vehicle thermal management products reached 681 million yuan in the first half of 2025, accounting for 55.42% of the thermal management system components revenue, with 138 new project approvals, including 112 for new energy projects [5] - The company is expanding its overseas market presence, with overseas sales revenue of 462 million yuan in the first half of 2025, representing 24.41% of total revenue [5] - Tenglong is also exploring non-automotive thermal management applications, with small-scale production of liquid cooling products [5] Strategic Initiatives - The company is accelerating its transition to new energy, with the revenue share of new energy vehicle thermal management products expected to reach 63.8% in 2024 [6] - The Polish factory's integrated module production line is ramping up, and the domestic integrated module project is set to begin mass production in May 2025 [6] - Tenglong aims to achieve overseas sales revenue of 740 million yuan in 2024, with the Polish factory nearing breakeven [6]

Group 1 - The core viewpoint of the news is that Tenglong Co., Ltd. has seen a significant increase in its stock price, rising by 5.14% to 11.04 CNY per share, with a trading volume of 247 million CNY and a turnover rate of 4.71%, resulting in a total market capitalization of 5.418 billion CNY [1] - Tenglong Co., Ltd. is primarily engaged in the research, production, and sales of automotive thermal exchange system pipeline products, with its main business revenue composition being 64.89% from automotive thermal management system components, 19.20% from EGR systems and sensors, and 15.91% from automotive rubber and plastic components [1] Group 2 - From the perspective of fund holdings, Jin Yuan Shun An Fund has a significant position in Tenglong Co., Ltd., with its Jin Yuan Shun An Industry Selected Mixed A Fund holding 237,100 shares, accounting for 3.47% of the fund's net value, ranking as the ninth largest holding [2] - The Jin Yuan Shun An Industry Selected Mixed A Fund has achieved a year-to-date return of 7.08% and a one-year return of 17.38%, with a total fund size of 193.1 million CNY [2]

Group 1 - The core point of the news is that Tenglong Co., Ltd. experienced a stock decline of 5.03%, with a current share price of 10.58 yuan and a total market capitalization of 5.193 billion yuan [1] - Tenglong Co., Ltd. specializes in the research, production, and sales of automotive thermal exchange system pipeline products, with its main business revenue composition being 64.89% from automotive thermal management system components, 19.20% from EGR systems and sensors, and 15.91% from automotive rubber and plastic components [1] Group 2 - The Qianhai Kaiyuan Event-Driven Mixed A Fund holds a significant position in Tenglong Co., Ltd., with 283,800 shares, accounting for 3.75% of the fund's net value, making it the seventh-largest holding [2] - The fund has reported a floating loss of approximately 158,900 yuan as of the latest data [2] - The fund has achieved a year-to-date return of 17.54% and a one-year return of 21.58%, ranking 4916 out of 8171 and 5573 out of 8004 in its category, respectively [2]

Core Viewpoint - Tenglong Co., Ltd. experienced a decline of 5.19% in stock price, closing at 10.95 CNY per share, with a total market capitalization of 5.374 billion CNY [1] Company Overview - Tenglong Co., Ltd. is located in Wujin Economic Development Zone, Jiangsu, and was established on May 26, 2005, with its listing date on March 20, 2015 [1] - The company specializes in the research, production, and sales of automotive thermal exchange system pipeline products [1] Revenue Composition - The revenue breakdown of Tenglong Co., Ltd. is as follows: - Automotive thermal management system components: 64.89% - EGR systems and sensors: 19.20% - Automotive rubber and plastic components: 15.91% [1] Fund Holdings - Qianhai Kaiyuan Fund has a significant holding in Tenglong Co., Ltd., with its Qianhai Kaiyuan Event-Driven Mixed A Fund (000423) holding 283,800 shares, representing 3.75% of the fund's net value, making it the seventh-largest holding [2] - The fund has reported a floating loss of approximately 170,300 CNY as of the latest data [2] Fund Performance - The Qianhai Kaiyuan Event-Driven Mixed A Fund was established on December 19, 2013, with a current scale of 50.1567 million CNY [2] - Year-to-date performance is 17.93%, ranking 4570 out of 8173 in its category; the one-year return is 21.98%, ranking 5750 out of 7996; and since inception, the return is 113.1% [2]

Group 1 - The core point of the news is that Tenglong Co., Ltd. experienced a 5.02% drop in stock price, closing at 11.36 yuan per share, with a trading volume of 768 million yuan and a turnover rate of 13.52%, resulting in a total market capitalization of 5.575 billion yuan [1] - Tenglong Co., Ltd. is primarily engaged in the research, production, and sales of automotive thermal exchange system pipeline products, with its main business revenue composition being 64.89% from automotive thermal management system components, 19.20% from EGR systems and sensors, and 15.91% from automotive rubber and plastic components [1] Group 2 - Jin Yuan Shun An Fund has a significant holding in Tenglong Co., Ltd., with its Jin Yuan Shun An Industry Selected Mixed A Fund (014659) holding 237,100 shares, accounting for 3.47% of the fund's net value, ranking as the ninth largest holding [2] - The Jin Yuan Shun An Industry Selected Mixed A Fund has a total scale of 193.1 million yuan, with a year-to-date return of 6.35% and a one-year return of 21.68%, ranking 6,385 out of 8,172 and 5,847 out of 7,980 in its category, respectively [2]

Core Viewpoint - The stock of Tenglong Co., Ltd. has experienced fluctuations, with a notable decline of 2.03% on September 4, 2023, amidst significant trading activity and changes in shareholder dynamics [1][2]. Group 1: Stock Performance - As of September 4, 2023, Tenglong's stock price was 10.61 CNY per share, with a total market capitalization of 5.207 billion CNY [1]. - Year-to-date, Tenglong's stock has increased by 33.93%, but it has seen a decline of 26.73% over the past five trading days [1]. - The company has appeared on the "龙虎榜" (a trading board for stocks with significant trading volume) 11 times this year, with the latest appearance on September 1, 2023, showing a net buy of -232 million CNY [1]. Group 2: Financial Performance - For the first half of 2025, Tenglong reported a revenue of 1.893 billion CNY, reflecting a year-on-year growth of 9.05%, while the net profit attributable to shareholders decreased by 21.00% to 90.7416 million CNY [2]. - The company has distributed a total of 466.7 million CNY in dividends since its A-share listing, with 195 million CNY distributed over the past three years [3]. Group 3: Business Overview - Tenglong Co., Ltd. specializes in the research, production, and sales of automotive thermal exchange system pipeline products, with a revenue composition of 64.89% from automotive thermal management system components, 19.20% from EGR systems and sensors, and 15.91% from automotive rubber and plastic components [1][2]. - The company operates within the automotive industry, specifically in the automotive parts sector, focusing on chassis and engine systems [2].

Company Overview - Tenglong Co., Ltd. is located in Wujin Economic Development Zone, Jiangsu, and was established on May 26, 2005. The company was listed on March 20, 2015. Its main business involves the research, production, and sales of automotive heat exchange system pipeline products [1][2]. Financial Performance - For the first half of 2025, Tenglong Co., Ltd. achieved operating revenue of 1.893 billion yuan, representing a year-on-year growth of 9.05%. However, the net profit attributable to the parent company was 90.7416 million yuan, a decrease of 21.00% year-on-year [2]. - Since its A-share listing, the company has distributed a total of 466.7 million yuan in dividends, with 195 million yuan distributed over the past three years [3]. Stock Performance - As of September 3, Tenglong Co., Ltd. saw its stock price drop by 2.08%, trading at 10.82 yuan per share, with a total market capitalization of 5.31 billion yuan. The stock has increased by 36.58% year-to-date but has decreased by 29.83% over the last five trading days [1]. - The company has appeared on the daily trading leaderboard 11 times this year, with the most recent appearance on September 1, where it recorded a net buy of -232 million yuan [1]. Shareholder Information - As of June 30, the number of shareholders for Tenglong Co., Ltd. was 36,200, a decrease of 7.59% from the previous period. The average number of circulating shares per shareholder increased by 8.21% to 13,554 shares [2]. Business Segments - The main revenue composition of Tenglong Co., Ltd. includes automotive thermal management system components (64.89%), EGR systems and sensors (19.20%), and automotive rubber and plastic components (15.91%) [1]. Industry Classification - Tenglong Co., Ltd. is classified under the automotive industry, specifically in the automotive parts sector, focusing on chassis and engine systems. It is associated with concepts such as Ideal Automotive, automotive thermal management, liquid cooling, energy conservation and environmental protection, and BYD concepts [2].

Core Viewpoint - Tenglong Co., Ltd. experienced a 5.03% decline in stock price, closing at 12.09 CNY per share, with a trading volume of 842 million CNY and a turnover rate of 13.74%, resulting in a total market capitalization of 5.934 billion CNY [1] Company Overview - Tenglong Co., Ltd. is located in Wujin Economic Development Zone, Jiangsu, and was established on May 26, 2005, with its listing date on March 20, 2015. The company specializes in the research and development of automotive heat exchange system piping products [1] Fund Holdings - Jin Yuan Shun An Fund has a significant holding in Tenglong Co., Ltd., with its Jin Yuan Shun An Industry Selected Mixed A Fund (014659) holding 237,100 shares, accounting for 3.47% of the fund's net value, ranking as the ninth largest holding [1] - The Jin Yuan Shun An Industry Selected Mixed A Fund was established on May 10, 2022, with a latest scale of 193.1 million CNY. Year-to-date returns are 8.55%, ranking 5497 out of 8192 in its category, while the one-year return is 19.89%, ranking 5317 out of 7956 [1] - The fund manager, Min Hang, has a tenure of 9 years and 314 days, managing total assets of 34.6 million CNY, with the best fund return during the tenure being 76.87% and the worst being -27.09% [1]