Core Points - The stock of ShenKong Co., Ltd. (002278) closed at 11.52 yuan on December 4, 2025, down 3.19% from the previous trading day, with a total market capitalization of 4.192 billion yuan [1] - The company announced that it received approval from the China Securities Regulatory Commission (CSRC) for a specific stock issuance, which must be completed within ten working days after the approval [1] - The board of directors will handle related matters in accordance with the approval and legal requirements, ensuring timely information disclosure [1] Stock Performance - The stock opened at 11.69 yuan, reached a high of 11.84 yuan, and a low of 11.46 yuan on the same day [1] - The trading volume was 4.35 billion yuan, with a turnover rate of 11.25% [1] Regulatory Approval - The CSRC issued a formal approval for the company's application to issue stocks to specific investors [1] - The company is required to adhere strictly to the submitted documents and issuance plan [1]

Group 1 - The stock of Shanghai ShenKai Petroleum Chemical Equipment Co., Ltd. has experienced significant price increases, recording five limit-up days within six trading days, with a cumulative increase of 71.49% and a turnover rate of 153.90% [2] - As of 10:46, the stock's trading volume reached 143 million shares, with a transaction amount of 2.072 billion yuan and a turnover rate of 42.80% [2] - The latest total market capitalization of A-shares is 5.779 billion yuan, with a circulating market capitalization of 5.304 billion yuan [2] Group 2 - The company reported a revenue of 568 million yuan for the first three quarters, representing a year-on-year growth of 14.47%, and a net profit of 37.775 million yuan, which is an increase of 86.46% year-on-year [2] - The basic earnings per share are 0.1038 yuan, with a weighted average return on equity of 3.28% [2] - The stock has appeared on the Dragon and Tiger list three times due to significant price deviations and turnover rates, with institutional net purchases amounting to 89.7514 million yuan and total net purchases from brokerage seats reaching 158 million yuan [2]

Group 1 - Gansu Province aims to establish a national strategic raw material guarantee zone, targeting an industrial output value exceeding 1 trillion yuan by 2030, while fostering competitive industrial clusters [1] - The raw materials industry in Gansu is showing strong support, with a projected industrial added value growth of 14.7% in 2024, outpacing the provincial average by 3.9 percentage points, contributing 70.8% to the province's industrial output [1] - Major projects, including a 65 billion yuan investment in the Juhua Silicon Fluorine New Materials project, are underway, alongside the acceleration of the Lanzhou Petrochemical ethylene renovation and JinChuan Group copper smelting process upgrades [1] Group 2 - Gansu is accelerating the construction of a distinctive industrial pattern in the equipment manufacturing sector, with key enterprises like Lanzhou Lishi Group and Electric Group being cultivated [2] - The province has established six major specialized sectors, including petrochemical equipment, new energy equipment, and high-end CNC machine tools, creating industrial clusters in Lanzhou and Tianshui [2] - With a solid industrial foundation, Gansu is set to promote the high-end, intelligent, and green transformation of manufacturing, supporting industrial upgrades in the western region [2]