中国经济网北京10月10日讯（记者 何潇）今年9月份，全市场8627只（各类份额分开计算，下同）有可 比业绩的混合型基金中，有7058只基金净值上涨，占比81.81%；有1549只基金净值下跌，其余20只基 金净值持平。 9月份共计14只混合型基金涨幅超过25%（含25%），其中嘉实新优选混合、东方新能源汽车主题混 合、鹏华新能源汽车混合A、鹏华新能源汽车混合C、中欧碳中和混合发起A、中欧碳中和混合发起C分 别以30.17%、28.86%、27.74%、27.69%、27.11%、27.03%的收益率领涨。 以涨幅第一的嘉实新优选混合为例，该基金成立于2016年4月8日，截至2025年9月30日，其今年来收益 率为54.33%，成立来收益率为46.56%，累计净值为1.4440元。 据悉，14只单月涨幅超过25%（含25%）的混合型基金中，截至今年上半年规模在10亿元之上的有东方 新能源汽车主题混合、鹏华新能源汽车混合A、泉果旭源三年持有期混合A、泉果旭源三年持有期混合 C、申万菱信新能源汽车主题灵活配置混合A、前海开源金银珠宝混合C。 以规模最大的泉果旭源三年持有期混合A为例，该基金单月涨幅26.02%，成 ...

Core Insights - The article discusses the recent research conducted by QuanGuo Fund on Zhongrong Electric, highlighting the company's strategic developments and market expansion plans. Group 1: Company Overview - Zhongrong Electric's General Manager Liu Zhuxi shared insights on the company's development history, strategic layout, technological advantages, and future prospects during the meeting with investors [4]. - The company has upgraded the strategic positioning of its Thailand factory, which now serves as a core production base supporting global strategies, not just North American clients [3]. Group 2: Market Expansion - The company is accelerating its overseas market expansion, with a growing number of client projects across various regions and customer types, indicating a stable and long-term partnership with overseas clients [2][3]. - Zhongrong Electric aims to increase the proportion of overseas revenue to be closer to domestic revenue in the coming years, with plans to establish production capacity in Europe [3]. Group 3: New Business Areas and Product Development - The company is focusing on the data center business, responding to the growing demand driven by AI computing, and is conducting specialized research to adapt to industry needs [4]. - The incentive fuse product has transitioned from concept to mass application, particularly in the electric vehicle sector, with expectations for increased adoption due to stricter safety regulations [5]. - Zhongrong Electric is transforming from a single component supplier to a system solution provider, with advancements in relay products and integrated solutions [6][7]. Group 4: Future Strategic Vision - The company's long-term vision is to become an excellent energy protection system solution provider, developing both high-voltage and low-voltage distribution system protection solutions [8]. - Zhongrong Electric plans to enhance its technical expert team and develop advanced equipment to provide flexible solutions that meet diverse customer needs [8].

9月30日，开勒股份涨5.06%，截至发稿，报57.69元/股，成交1.07亿元，换手率3.18%，总市值52.05亿 元。 资料显示，开勒环境科技(上海)股份有限公司位于上海市松江区卖新公路1588号，成立日期2010年2月8 日，上市日期2021年9月23日，公司主营业务涉及HVLS风扇的研发、生产、销售、安装与相关技术服 务。主营业务收入构成为：HLVS风扇78.05%，储能业务8.59%，售后服务5.96%，分布式光伏电站投资 运营3.21%，控制器PCBA板2.27%，其他1.73%，材料销售0.18%。 泉果旭源三年持有期混合A（016709）成立日期2022年10月18日，最新规模112.01亿。今年以来收益 46.58%，同类排名1441/8167；近一年收益54.74%，同类排名1684/8010；成立以来收益10.05%。 泉果旭源三年持有期混合A（016709）基金经理为赵诣。 截至发稿，赵诣累计任职时间8年196天，现任基金资产总规模130.81亿元，任职期间最佳基金回报 329.41%， 任职期间最差基金回报5.19%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任 ...

泉果基金Q1、公司主营业务市场近况、利润水平及未来预期如何？ 公司城市基建业务主要聚焦长三角区域，凭借多年来装备、技术积累和良好口碑，持续性获得订单，保 持业务营收规模稳定性。公司也更看重基建业务的回款稳定性所带来的正现金流，而非高毛利率。房产 业务正处于持续存量去化阶段，业务利润主要受项目土地增值税清算影响，上半年度净利润比 2024 年 度下降。 泉果基金Q2、新能源业务经营情况介绍。 根据披露的机构调研信息2025年9月24日，泉果基金对上市公司宏润建设进行了调研。 基金市场数据显示，泉果基金成立于2022年2月8日。截至目前，其管理资产规模为163.96亿元，管理基 金数6个，旗下基金经理共5位。旗下最近一年表现最佳的基金产品为泉果旭源三年持有期混合A （016709），近一年收益录得71.85%。 截至2025年9月24日，泉果基金近1年回报前8非货币基金业绩表现如下所示： 基金代码基金简称近一年收益成立时间基金经理016709泉果旭源三年持有期混合A71.852022年10月18日 赵诣 016710泉果旭源三年持有期混合C71.182022年10月18日赵诣 018329泉果思源三年持有期混合 ...

根据披露的机构调研信息2025年9月9日至2025年9月22日，泉果基金对上市公司惠达卫浴进行了调研。 基金市场数据显示，泉果基金成立于2022年2月8日。截至目前，其管理资产规模为163.96亿元，管理基 金数6个，旗下基金经理共5位。旗下最近一年表现最佳的基金产品为泉果旭源三年持有期混合A （016709），近一年收益录得74.02%。 截至2025年9月23日，泉果基金近1年回报前8非货币基金业绩表现如下所示： 基金代码基金简称近一年收益成立时间基金经理016709泉果旭源三年持有期混合A74.022022年10月18日 赵诣 016710泉果旭源三年持有期混合C73.312022年10月18日赵诣 018329泉果思源三年持有期混合 A52.882023年6月2日刚登峰 018330泉果思源三年持有期混合C52.272023年6月2日刚登峰 019624泉果嘉 源三年持有期混合A36.942023年12月5日钱思佳 019625泉果嘉源三年持有期混合C36.402023年12月5日 钱思佳 020855泉果泰然30天持有期债券A2.622024年4月16日钱思佳 徐缘 020856泉果泰然30天持有期 ...

9月24日，中伟股份涨5.78%，截至发稿，报47.18元/股，成交6.97亿元，换手率1.70%，总市值442.56亿 元。 资料显示，中伟新材料股份有限公司位于贵州省铜仁市大龙经济开发区2号干道与1号干道交汇处,香港 铜锣湾希慎道33号利园1期19楼1915室，成立日期2014年9月15日，上市日期2020年12月23日，公司主营 业务涉及锂电池正极材料前驱体的研发、生产、加工及销售。主营业务收入构成为：电池材料 45.17%，新能源金属43.49%，其他11.34%。 数据显示，泉果基金旗下1只基金位居中伟股份十大流通股东。泉果旭源三年持有期混合A（016709） 二季度减持79.62万股，持有股数876.07万股，占流通股的比例为0.96%。根据测算，今日浮盈赚取约 2260.27万元。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 泉果旭源三年持有期混合A（016709）成立日期2022年10月18日，最新规模112.01亿。今年以来收益 39.5%，同类排名 ...

Group 1: Company Performance - The company's gross margin improved year-on-year in the first half of 2025, driven by product structure optimization, particularly the promotion of the 800V platform for electric vehicles, and a significant increase in sales of the incentive fuses, which grew by 116% year-on-year [2][3][5] - The revenue from the incentive fuses reached 107 million yuan in the first half of 2025, with an optimistic outlook for achieving the annual target of 250 million yuan [5][10] - The company has maintained a strategy of focusing on high-quality customers in the photovoltaic industry, resulting in a revenue growth of 13.94% year-on-year, although this is below the industry average [7][8] Group 2: Market Analysis - The electric vehicle industry experienced a revenue growth of approximately 52% year-on-year in the first half of 2025, outpacing the industry average due to product upgrades and the expansion of new incentive fuse products [3][4] - The company is expanding its overseas market presence, with dedicated projects for luxury European brands expected to enter the new car release phase in October-November 2025 [4][8] - The company is actively promoting the application of incentive fuses in the renewable energy storage sector, aiming to enhance competitiveness through product performance upgrades rather than engaging in price competition [7][8] Group 3: Strategic Developments - The new general manager's appointment is part of the company's strategy to advance its internationalization efforts, bringing extensive international experience and management skills [9] - The company plans to enhance its production capacity in Thailand, with four production lines expected to be ready for mass production by the end of September 2025, and additional lines planned for 2026 [8][9] - The company is establishing a research and development center in Shanghai to focus on microelectronic technologies, including efuse, targeting the automotive low-voltage market [11][12]

9月16日，天赐材料跌5.03%，截至发稿，报29.29元/股，成交37.49亿元，换手率9.03%，总市值560.71 亿元。 泉果旭源三年持有期混合A（016709）基金经理为赵诣。 截至发稿，赵诣累计任职时间8年182天，现任基金资产总规模130.81亿元，任职期间最佳基金回报 329.41%， 任职期间最差基金回报-3%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 资料显示，广州天赐高新材料股份有限公司位于广东省广州市黄埔区云埔工业区东诚片康达路8号，成 立日期2000年6月6日，上市日期2014年1月23日，公司主营业务涉及精细化工新材料的研发、生产和销 售。主营业务收入构成为：锂离子电池材料89.66%，日化材料及特种化学品8.73%，其他1.61%。 从天赐材料十大流通股东角度 数据显示，泉果基金旗下1只基金位居天赐材料十大流通股东。泉果旭源三年持有期混合A（016709） 二季度增持107.78万股，持有股数2530.29万股，占 ...

Core Viewpoint - The report highlights the recent performance and future prospects of the company, particularly focusing on its mining investments and innovative products, despite facing challenges in revenue and profit margins due to specific project impacts. Group 1: Company Performance - The company reported a revenue of 413 million yuan for the first half of 2025, a decline of 34.04% year-on-year, but revenue remained stable when excluding EPC projects [2][3] - The net profit attributable to shareholders was 16.99 million yuan, down 79.86% year-on-year, but showed a 100.34% increase compared to the first quarter of 2025 [2][3] Group 2: Project Impact - The significant fluctuation in performance is attributed to the absence of EPC project revenues, which contributed 200 million yuan in the previous year [3] - Increased capital expenditures led to a 50% rise in fixed asset depreciation costs, reaching approximately 45 million yuan [3] - R&D expenses rose to 24.91 million yuan, an increase of 9.73 million yuan year-on-year, primarily due to costs associated with the trial phase of the second-generation composite liner product [3] Group 3: Mining Investments - The company has invested in the Cordoba mining project in Colombia, holding a 50% stake after a direct investment of 100 million USD [4] - The project has a proven reserve of 97.95 million tons, with copper grade at 0.41%, gold grade at 0.23 grams/ton, and silver grade at 2.63 grams/ton [4] - The project is awaiting EIA approval, with expectations to commence construction within two years after approval [5] Group 4: Future Growth Strategy - The company plans to continue its dual-driven strategy in mining investments, focusing on copper and gold due to favorable market conditions and customer concentration [6][7] - The second-generation forged composite liner product shows significant advantages in wear resistance and energy consumption, with a lifespan improvement of nearly 100% compared to traditional cast liners [8][9] - The company has established five overseas bases, aiming for a total production capacity of 3 billion yuan, driven by capacity release and new product breakthroughs [8][10] Group 5: Revenue Recognition and Client Base - The second-generation forged composite liners are currently in trial use at several domestic and foreign mining clients, with significant revenue recognition expected to begin in the fourth quarter of this year [9][10] - The company has secured trial agreements with foreign clients, anticipating widespread adoption in the coming year [9]

Core Viewpoint - The article discusses the recent performance and strategic outlook of Changjiu Logistics, highlighting its financial results, business segments, and the impact of regulatory changes on its operations [1][2][3]. Financial Performance - In the first half of 2025, Changjiu Logistics achieved revenue of approximately 2.326 billion yuan, a year-on-year increase of 27.54% from 1.824 billion yuan [2]. - The net profit attributable to shareholders was 10.1688 million yuan, a significant decline of 80.66% compared to the previous year [2]. - The net profit after deducting non-recurring gains and losses was approximately 9.1552 million yuan, down 82.79% year-on-year [2]. - Total assets at the end of the period were about 6.010 billion yuan, with net assets attributable to shareholders at approximately 2.970 billion yuan [2]. - The net cash flow from operating activities improved to 220 million yuan [2]. Company Overview - Changjiu Logistics, listed in 2016, is the first A-share listed third-party automotive logistics company in China, providing comprehensive logistics solutions for the automotive industry [3]. Business Segments - The company operates three main business divisions: 1. **Complete Vehicle Division**: Offers a full-chain logistics service system covering transportation, warehousing, and social vehicle services [4]. 2. **International Division**: Provides global logistics services including international shipping and customs clearance [5]. 3. **New Energy Division**: Focuses on energy storage products and logistics services for hazardous materials, promoting sustainable development [6]. Regulatory Impact - The recent "Special Governance Action Plan for Vehicle Transport Vehicles" aims to regulate the market and improve safety, which is expected to benefit Changjiu Logistics by increasing the utilization rate of compliant vehicles [7][8]. - The company currently has over 2,400 compliant vehicle transporters and anticipates a rise in operational efficiency post-regulation [8]. Future Outlook - The company is preparing to fill the market gap left by non-compliant vehicles, expecting to benefit from increased pricing power and reduced reliance on external partnerships [8]. - The impact of the regulatory changes on the international and new energy businesses is expected to be minimal, with a positive effect on domestic compliance transportation [9]. Capital Operations - Changjiu Logistics plans to continue refining its capital market operations and governance structure, focusing on strategic investments and potential acquisitions to enhance its competitive edge [12].