Company Overview - Xiangxin Technology Co., Ltd. is located in Dongguan, Guangdong Province, established on May 20, 2004, and listed on October 25, 2019. The company specializes in the research, production, and sales of precision stamping molds and metal structural components [1]. Business Segmentation - The revenue composition of Xiangxin Technology is as follows: - Precision stamping molds and metal structural components for new energy vehicles account for 54.24% - Precision stamping molds and metal structural components for fuel vehicles account for 17.30% - Precision stamping molds and metal structural components for energy storage equipment account for 16.41% - Precision stamping molds and metal structural components for communication equipment and others account for 10.21% - Other income constitutes 1.83% [1]. Stock Performance - On September 22, Xiangxin Technology's stock rose by 5.22%, reaching a price of 48.37 CNY per share, with a trading volume of 399 million CNY and a turnover rate of 4.20%. The total market capitalization is 12.836 billion CNY [1]. Fund Holdings - According to data, one fund under Great Wall Fund has a significant holding in Xiangxin Technology. The Great Wall Jiuxin Mixed A Fund (000649) increased its holdings by 73,500 shares in the second quarter, bringing the total to 136,500 shares, which represents 2.99% of the fund's net value, ranking it as the eighth largest holding [2]. Fund Performance - The Great Wall Jiuxin Mixed A Fund (000649) was established on July 30, 2014, with a current scale of 112 million CNY. Year-to-date returns are 82.12%, ranking 173 out of 8,244 in its category. Over the past year, returns are 122.59%, ranking 263 out of 8,066. Since inception, the fund has achieved a return of 199.19% [2]. Fund Management - The fund manager of Great Wall Jiuxin Mixed A is Yu Huan, who has been in the position for 4 years and 289 days. The total asset size of the fund is 782 million CNY, with the best return during the tenure being 50.25% and the worst being -34.5% [3].

Core Viewpoint - The A-share market showed significant recovery last week, with major indices such as the Shanghai Composite Index rising by 1.92% and the Shenzhen Component Index by 2.29% [1] Group 1: Market Performance - The Shanghai Composite Index closed at 3342 points, while the ChiNext Index increased by 3.27% during the week [1] - Over 90% of the companies that were surveyed by institutions reported positive returns, with notable performers including Runbei Aerospace Technology, which achieved a 31.17% increase [1] Group 2: Institutional Research Trends - A total of 452 listed companies disclosed investor research records, indicating a slight decline in research concentration but sustained enthusiasm from institutions [1] - Popular companies for institutional research included Xiangxin Technology, Xingye Silver Tin, Honghua Digital Science, and Rongbai Technology, with Xiangxin Technology receiving attention from 173 institutions [1][2] Group 3: Company Insights - Xiangxin Technology is focusing on humanoid robots as a key strategic direction, collaborating with clients from the project initiation phase to provide comprehensive technical solutions [2] - The company has established a joint technology innovation center with the Guangdong Academy of Sciences to develop intelligent solutions for humanoid robots [2] - Xingye Silver Tin is advancing its projects, including the Silverman Phase II and the expansion of Yubang Mining, with plans to issue overseas bonds to support construction [3] - Honghua Digital Science expects a 42.30% year-on-year revenue growth in 2024, driven by the digital transformation of traditional processes and increased market expansion [3] - Rongbai Technology is adapting to U.S. tariff policies by shifting exports to its Korean factory, while also focusing on supply chain development and global partnerships [4][5]