Core Viewpoint - ShenNan Circuit experienced a slight increase in stock price by 0.26% on February 10, with a trading volume of 2.159 billion yuan, indicating active market participation and interest in the stock [1]. Financing and Margin Trading - On February 10, ShenNan Circuit had a financing buy amount of 121 million yuan and a financing repayment of 256 million yuan, resulting in a net financing outflow of 135 million yuan [1]. - As of February 10, the total margin trading balance for ShenNan Circuit was 1.238 billion yuan, with the financing balance of 1.231 billion yuan accounting for 0.75% of the circulating market value, which is above the 80th percentile of the past year [1]. - In terms of securities lending, 600 shares were repaid and 1,000 shares were sold on February 10, with a selling amount of 246,700 yuan, while the remaining securities lending balance was 26,700 shares, totaling 6.6976 million yuan, also above the 70th percentile of the past year [1]. Company Overview - ShenNan Circuit Co., Ltd. is located in Longgang District, Shenzhen, Guangdong Province, and was established on July 3, 1984, with its listing date on December 13, 2017 [1]. - The company's main business involves the research, development, production, and sales of printed circuit boards, with revenue composition as follows: printed circuit boards 60.01%, packaging substrates 16.64%, electronic assembly 14.14%, other (supplementary) 5.80%, and other products 3.40% [1]. Financial Performance - As of September 30, the number of shareholders for ShenNan Circuit was 39,500, a decrease of 25.79% from the previous period, while the average circulating shares per person increased by 34.75% to 16,847 shares [2]. - For the period from January to September 2025, ShenNan Circuit achieved an operating income of 16.754 billion yuan, representing a year-on-year growth of 28.39%, and a net profit attributable to shareholders of 2.326 billion yuan, reflecting a year-on-year increase of 56.30% [2]. - Since its A-share listing, ShenNan Circuit has distributed a total of 3.441 billion yuan in dividends, with 1.744 billion yuan distributed over the past three years [2]. Institutional Holdings - As of September 30, 2025, the second-largest circulating shareholder of ShenNan Circuit was Hong Kong Central Clearing Limited, holding 21.7066 million shares, an increase of 7.4697 million shares from the previous period [3]. - The third-largest circulating shareholder was Huatai-PineBridge CSI 300 ETF, holding 4.7445 million shares, which decreased by 134,200 shares compared to the previous period [3]. - New institutional shareholders included Yongying Technology Smart Selection Mixed Fund A, holding 4.6218 million shares, and several other funds entering the top ten circulating shareholders list [3].

Group 1 - The core point of the news is that ShenNan Circuit experienced a stock price increase of 5.19%, reaching 236.94 yuan per share, with a trading volume of 1.041 billion yuan and a turnover rate of 0.69%, resulting in a total market capitalization of 161.396 billion yuan [1] - ShenNan Circuit Co., Ltd. is located in Longgang District, Shenzhen, Guangdong Province, and was established on July 3, 1984. The company was listed on December 13, 2017, and its main business involves the research, development, production, and sales of printed circuit boards [1] - The revenue composition of ShenNan Circuit includes printed circuit boards (60.01%), packaging substrates (16.64%), electronic assembly (14.14%), other supplementary products (5.80%), and other products (3.40%) [1] Group 2 - From the perspective of the top ten holdings of funds, data shows that Fu Rong Fund has one fund heavily invested in ShenNan Circuit. The Fu Rong CSI 300 Index Enhanced A (004788) held 147,300 shares in the fourth quarter, accounting for 2.74% of the fund's net value, ranking as the tenth largest holding [2] - The Fu Rong CSI 300 Index Enhanced A (004788) was established on February 11, 2018, with a latest scale of 760 million yuan. Year-to-date returns are 3.52%, ranking 2737 out of 5564 in its category; the one-year return is 40.78%, ranking 1663 out of 4288; and since inception, the return is 148.99% [2] Group 3 - The fund managers of Fu Rong CSI 300 Index Enhanced A (004788) are Meng Yaqiang and Lang Chengcheng. As of the report, Meng Yaqiang has a cumulative tenure of 9 years and 247 days, with a total fund asset size of 1.3 billion yuan, achieving a best fund return of 67.19% and a worst return of -36.78% during his tenure [3] - Lang Chengcheng has a cumulative tenure of 5 years and 207 days, with a total fund asset size of 1.276 billion yuan, achieving a best fund return of 74.46% and a worst return of -18.92% during his tenure [3]

Group 1 - The company, ShenNan Circuit (002916.SZ), has three main business segments: printed circuit boards, electronic assembly, and packaging substrates, with applications in various fields including communication, data centers, industrial control medical, and automotive electronics [1] - The company does not engage in the production of the mentioned substrate materials [1] Group 2 - An investor inquired whether the company's products can support 800G and 1.6T connection adjustments and if the company possesses the manufacturing process or product capabilities for M9 level substrates [3]

Core Viewpoint - ShenNan Circuit experienced a 4.57% increase in stock price on January 16, with a trading volume of 3.665 billion yuan, indicating strong market interest and activity [1]. Financing Summary - On January 16, ShenNan Circuit had a financing buy amount of 234 million yuan and a financing repayment of 238 million yuan, resulting in a net financing outflow of 3.8473 million yuan [1]. - As of January 16, the total financing and securities lending balance for ShenNan Circuit was 1.309 billion yuan, with the financing balance at 1.304 billion yuan, accounting for 0.84% of the circulating market value, which is above the 90th percentile of the past year [1]. - In terms of securities lending, 800 shares were repaid and 1,800 shares were sold on January 16, with a selling amount of 418,800 yuan, and the remaining securities lending balance was 25,400 shares, totaling 5.9049 million yuan, which is above the 60th percentile of the past year [1]. Business Performance - As of September 30, ShenNan Circuit reported a total of 39,500 shareholders, a decrease of 25.79% from the previous period, while the average circulating shares per person increased by 34.75% to 16,847 shares [2]. - For the period from January to September 2025, ShenNan Circuit achieved a revenue of 16.754 billion yuan, representing a year-on-year growth of 28.39%, and a net profit attributable to shareholders of 2.326 billion yuan, reflecting a year-on-year increase of 56.30% [2]. Dividend and Shareholding Structure - Since its A-share listing, ShenNan Circuit has distributed a total of 3.441 billion yuan in dividends, with 1.744 billion yuan distributed over the past three years [3]. - As of September 30, 2025, the second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 21.7066 million shares, an increase of 7.4697 million shares from the previous period [3]. - The third-largest circulating shareholder is Huatai-PB CSI 300 ETF, holding 4.7445 million shares, which decreased by 134,200 shares compared to the previous period [3].

Group 1 - The core point of the news is that ShenNan Circuit has experienced a significant decline in its stock price, dropping 3.24% to 220.18 CNY per share, with a total market value of 146.8 billion CNY and a cumulative drop of 9.87% over four consecutive days [1] - ShenNan Circuit Co., Ltd. is located in Shenzhen, Guangdong, and was established on July 3, 1984. It was listed on December 13, 2017, and its main business involves the research, development, production, and sales of printed circuit boards [1] - The revenue composition of ShenNan Circuit includes printed circuit boards (60.01%), packaging substrates (16.64%), electronic assembly (14.14%), other supplementary products (5.80%), and other products (3.40%) [1] Group 2 - Morgan Stanley's fund has a significant position in ShenNan Circuit, with the Morgan Stanley Digital Economy Mixed A Fund (017102) increasing its holdings by 554,500 shares to a total of 1.9348 million shares, representing 7.25% of the fund's net value [2] - The fund has incurred a floating loss of approximately 14.26 million CNY today and a total floating loss of 46.67 million CNY during the four-day decline [2] - The Morgan Stanley Digital Economy Mixed A Fund was established on March 2, 2023, with a current size of 3.351 billion CNY, achieving a year-to-date return of 0.88% and a one-year return of 91.29% [2]

Core Viewpoint - The stock of Shenzhen Sunnan Circuit Co., Ltd. has experienced fluctuations, with a recent decline of 2.11% and a year-to-date drop of 4.10%, despite a notable increase of 15.85% over the past 20 days [1] Group 1: Stock Performance - As of January 13, the stock price is reported at 222.76 yuan per share, with a total market capitalization of 148.52 billion yuan [1] - The stock has seen a net outflow of 84.67 million yuan from major funds, with significant buying and selling activity from large orders [1] - Year-to-date, the stock has decreased by 4.10%, while it has increased by 15.85% over the last 20 trading days [1] Group 2: Financial Performance - For the period from January to September 2025, the company achieved a revenue of 16.75 billion yuan, representing a year-on-year growth of 28.39% [2] - The net profit attributable to shareholders for the same period was 2.33 billion yuan, reflecting a year-on-year increase of 56.30% [2] Group 3: Shareholder Information - As of September 30, the number of shareholders decreased by 25.79% to 39,500, while the average circulating shares per person increased by 34.75% to 16,847 shares [2] - The company has distributed a total of 3.44 billion yuan in dividends since its A-share listing, with 1.74 billion yuan distributed in the last three years [3] - Major shareholders include Hong Kong Central Clearing Limited and Huatai-PB CSI 300 ETF, with notable changes in their holdings [3]

Group 1 - The core point of the news is that ShenNan Circuit experienced a stock price increase of 5.02%, reaching 246.10 CNY per share, with a trading volume of 930 million CNY and a turnover rate of 0.58%, resulting in a total market capitalization of 164.085 billion CNY [1] - ShenNan Circuit Co., Ltd. is located in Longgang District, Shenzhen, Guangdong Province, and was established on July 3, 1984. The company was listed on December 13, 2017, and its main business involves the research, production, and sales of printed circuit boards [1] - The revenue composition of ShenNan Circuit includes printed circuit boards (60.01%), packaging substrates (16.64%), electronic assembly (14.14%), other supplementary products (5.80%), and other products (3.40%) [1] Group 2 - According to data from the top ten heavy stocks of funds, one fund under Debon Fund holds ShenNan Circuit as a significant investment. Debon Fuxin A (001229) held 20,200 shares in the third quarter, accounting for 4.42% of the fund's net value, ranking as the tenth largest heavy stock [2] - Debon Fuxin A (001229) was established on April 27, 2015, with a latest scale of 77.9963 million CNY. The fund has achieved a return of 3.19% this year, ranking 3848 out of 8823 in its category; over the past year, it has returned 47.71%, ranking 2274 out of 8083; and since its inception, it has returned 96.46% [2]

Core Viewpoint - ShenNan Circuit has shown significant stock performance with a year-to-date increase of 146.00%, indicating strong market interest and potential growth in the PCB industry [1][2]. Company Overview - ShenNan Circuit Co., Ltd. is located in Longgang District, Shenzhen, Guangdong Province, and was established on July 3, 1984. The company was listed on December 13, 2017, and its main business involves the research, production, and sales of printed circuit boards (PCBs) [1]. - The revenue composition of ShenNan Circuit includes: 60.01% from printed circuit boards, 16.64% from packaging substrates, 14.14% from electronic assembly, 5.80% from other supplementary products, and 3.40% from other products [1]. Financial Performance - For the period from January to September 2025, ShenNan Circuit achieved a revenue of 16.754 billion yuan, representing a year-on-year growth of 28.39%. The net profit attributable to shareholders was 2.326 billion yuan, reflecting a year-on-year increase of 56.30% [2]. - Since its A-share listing, ShenNan Circuit has distributed a total of 3.441 billion yuan in dividends, with 1.744 billion yuan distributed over the past three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders for ShenNan Circuit was 39,500, a decrease of 25.79% from the previous period. The average number of circulating shares per shareholder increased by 34.75% to 16,847 shares [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited as the second-largest shareholder with 21.7066 million shares, an increase of 7.4697 million shares from the previous period. New entrants among the top shareholders include Yongying Technology Smart Selection Mixed Fund [3].

Group 1 - The core viewpoint of the news is that ShenNan Circuit has seen a significant stock price increase of 5.09%, reaching 211.11 CNY per share, with a trading volume of 1.175 billion CNY and a market capitalization of 140.756 billion CNY [1] - ShenNan Circuit Co., Ltd. is located in Longgang District, Shenzhen, Guangdong Province, and was established on July 3, 1984. The company was listed on December 13, 2017, and its main business involves the research, production, and sales of printed circuit boards [1] - The revenue composition of ShenNan Circuit includes printed circuit boards at 60.01%, packaging substrates at 16.64%, electronic assembly at 14.14%, other supplementary products at 5.80%, and other products at 3.40% [1] Group 2 - From the perspective of fund holdings, one fund under Debang Fund has a significant position in ShenNan Circuit. Debang Fuxin A (001229) held 20,200 shares in the third quarter, accounting for 4.42% of the fund's net value, ranking as the tenth largest holding [2] - Debang Fuxin A (001229) was established on April 27, 2015, with a latest scale of 77.9963 million CNY. The fund has achieved a return of 24.66% this year, ranking 3025 out of 8134 in its category, and a one-year return of 33.11%, ranking 2000 out of 8056 [2] Group 3 - The fund manager of Debang Fuxin A (001229) is Lei Tao, who has been in the position for 3 years and 335 days. The total asset scale of the fund is 13.49 billion CNY, with the best return during his tenure being 211.4% and the worst return being -29.94% [3]

Core Viewpoint - ShenNan Circuit has shown significant stock performance with a year-to-date increase of 116.08%, despite a recent decline of 3.20% over the last five trading days [1] Financial Performance - For the period from January to September 2025, ShenNan Circuit achieved a revenue of 16.754 billion yuan, representing a year-on-year growth of 28.39% [2] - The net profit attributable to shareholders for the same period was 2.326 billion yuan, reflecting a year-on-year increase of 56.30% [2] Stock Market Activity - As of November 18, ShenNan Circuit's stock price was 205.28 yuan per share, with a market capitalization of 136.869 billion yuan [1] - The stock has been active on the trading board three times this year, with the latest occurrence on October 24, where it recorded a net purchase of 380 million yuan [1] Shareholder Information - As of September 30, 2025, the number of shareholders for ShenNan Circuit was 39,500, a decrease of 25.79% from the previous period [2] - The top circulating shareholder, Hong Kong Central Clearing Limited, increased its holdings to 21.7066 million shares, while several new institutional investors entered the top ten list [3] Dividend Distribution - Since its A-share listing, ShenNan Circuit has distributed a total of 3.441 billion yuan in dividends, with 1.744 billion yuan distributed over the last three years [3] Industry Context - ShenNan Circuit operates within the electronic components sector, specifically in printed circuit boards (PCB), and is associated with major concepts such as the Foxconn concept and the Apple supply chain [2]