1月27日，东山精密涨5.12%，截至发稿，报76.85元/股，成交39.25亿元，换手率3.79%，总市值1407.59 亿元。 资料显示，苏州东山精密制造股份有限公司位于江苏省苏州市吴中区太湖东路99号运河小镇总部产业园 12号楼，成立日期1998年10月28日，上市日期2010年4月9日，公司主营业务涉及精密钣金件和精密铸件 的制造与服务,精密电子制造;柔性电路板制造设计、生产及销售业务。主营业务收入构成为：电子电路 产品65.23%，触控面板及液晶显示模组17.98%，精密组件产品13.93%，LED显示器件1.69%，其他 1.17%。 天弘文化新兴产业股票A（164205）基金经理为张磊。 截至发稿，张磊累计任职时间1年95天，现任基金资产总规模6.23亿元，任职期间最佳基金回报 56.35%， 任职期间最差基金回报13.49%。 声明：市场有风险，投资需谨慎。 本文基于第三方数据库自动发布，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。受限于第三方数据库质量等问题，我们无法对数据的真实性及完整性进行分辨或核验，因此本 ...

Company Overview - Dongshan Precision Manufacturing Co., Ltd. is located in Suzhou, Jiangsu Province, and was established on October 28, 1998. It was listed on April 9, 2010. The company specializes in the manufacturing and service of precision sheet metal parts and precision castings, as well as flexible circuit board design, production, and sales [1]. Business Segmentation - The main business revenue composition is as follows: electronic circuit products account for 65.23%, touch panels and LCD display modules for 17.98%, precision components for 13.93%, LED display devices for 1.69%, and others for 1.17% [1]. Stock Performance - On January 6, Dongshan Precision's stock fell by 5.09%, closing at 80.35 yuan per share, with a trading volume of 2.414 billion yuan and a turnover rate of 2.13%. The total market capitalization is 147.17 billion yuan [1]. Fund Holdings - The Dongshan Precision stock is a significant holding in the Oriental Alpha Fund, specifically in the Oriental Alpha Select Mixed A Fund (005358), which reduced its holdings by 92,500 shares in the third quarter, now holding 88,700 shares, representing 2.99% of the fund's net value [2]. Fund Performance - The Oriental Alpha Select Mixed A Fund was established on February 8, 2018, with a current size of 178 million yuan. Year-to-date returns are 1.53%, ranking 5113 out of 8816 in its category, while the one-year return is 28.28%, ranking 4154 out of 8081. Since inception, the fund has a slight loss of 0.07% [2]. Fund Management - The fund manager of the Oriental Alpha Select Mixed A Fund is Wu Qiusheng, who has been in the position for 4 years and 306 days. The total asset size under management is 212 million yuan, with the best fund return during the tenure being 25.82% and the worst being -7.99% [3].

Core Viewpoint - Dongshan Precision's stock increased by 5.25% to 79.59 CNY per share, with a trading volume of 843 million CNY and a market capitalization of 145.78 billion CNY as of December 22 [1] Company Overview - Dongshan Precision Manufacturing Co., Ltd. is located in Suzhou, Jiangsu Province, and was established on October 28, 1998, with its IPO on April 9, 2010 [1] - The company specializes in manufacturing and servicing precision sheet metal parts, precision castings, and precision electronic manufacturing, as well as flexible circuit board design, production, and sales [1] - The revenue composition is as follows: electronic circuit products 65.23%, touch panels and LCD modules 17.98%, precision components 13.93%, LED display devices 1.69%, and others 1.17% [1] Shareholder Information - Ruifeng Fund's Ruifeng Growth Value Mixed A (007119) entered the top ten circulating shareholders of Dongshan Precision in Q3, holding 21.34 million shares, which is 1.54% of the circulating shares [2] - The fund has generated an estimated floating profit of approximately 84.73 million CNY today [2] Fund Performance - Ruifeng Growth Value Mixed A (007119) was established on March 26, 2019, with a current size of 21.39 billion CNY [2] - Year-to-date return is 61.45%, ranking 487 out of 8170 in its category; the one-year return is 59.91%, ranking 455 out of 8139; and since inception, the return is 92.96% [2] Fund Management - The fund is managed by Fu Pengbo and Zhu Lin, with Fu having a tenure of 16 years and 344 days, achieving a best return of 429.69% and a worst return of -3.8% during his tenure [3] - Zhu has a tenure of 6 years and 274 days, with a best return of 92.96% and a worst return of 87.83% [3] Fund Holdings - Ruifeng Growth Value Mixed A (007119) has Dongshan Precision as its seventh-largest holding, with 21.34 million shares, accounting for 6.46% of the fund's net value [4] - The estimated floating profit from this holding is approximately 84.73 million CNY [4]

Group 1 - The stock of Dongshan Precision fell by 5.06% to 77.29 CNY per share, with a trading volume of 1.517 billion CNY and a turnover rate of 1.39%, resulting in a total market capitalization of 141.565 billion CNY [1] - Dongshan Precision, established on October 28, 1998, and listed on April 9, 2010, specializes in the manufacturing and service of precision sheet metal parts, precision castings, and flexible circuit boards [1] - The company's main business revenue composition includes: electronic circuit products (65.23%), touch panels and LCD display modules (17.98%), precision components (13.93%), LED display devices (1.69%), and others (1.17%) [1] Group 2 - Longsheng Fund has a significant holding in Dongshan Precision, with its Longsheng Shengfeng Mixed A Fund (003641) reducing its stake by 3,200 shares, holding a total of 16,200 shares, which represents 1.98% of the fund's net value [2] - The Longsheng Shengfeng Mixed A Fund was established on November 18, 2016, with a current size of 438.3 million CNY, achieving a year-to-date return of 28.28% and a one-year return of 25.01% [2] - The fund manager, Yang Heng, has a tenure of 13 years and 57 days, with the fund's total assets amounting to 563 million CNY, and the best return during his tenure being 85.9% [3]

Group 1 - The core viewpoint of the news is that Dongshan Precision has seen a significant increase in stock price, with a rise of 5.25% to 67.73 CNY per share, and a total market capitalization of 124.055 billion CNY [1] - Dongshan Precision, established on October 28, 1998, and listed on April 9, 2010, specializes in precision sheet metal and casting manufacturing, as well as electronic manufacturing services [1] - The company's main revenue sources include electronic circuit products (65.23%), touch panels and LCD modules (17.98%), precision components (13.93%), LED display devices (1.69%), and other products (1.17%) [1] Group 2 - From the perspective of fund holdings, Dongshan Precision is a significant investment for the Rongtong Fund, with the Rongtong Industry Trend Stock Fund increasing its holdings by 12,600 shares in the third quarter, now holding 186,100 shares, which represents 4.84% of the fund's net value [2] - The Rongtong Industry Trend Stock Fund has achieved a year-to-date return of 72.94%, ranking 23rd out of 4,206 in its category, and a one-year return of 74.16%, also ranking 23rd out of 3,983 [2]

Group 1: Company Overview - Kanop focuses on the research, manufacturing, and sales of industrial robots, covering core components, complete machines, and intelligent equipment development [3] - Dongshan Precision engages in precision manufacturing and electronic components, including precision sheet metal parts, precision casting, and flexible circuit board design and production [5] - Nobikang specializes in the industrial application of AI technologies and digital twins in sectors such as AI+ transportation, AI+ energy, and AI+ urban governance [9] Group 2: Financial Performance - Kanop's revenue for 2022 to 2024 is projected to be 197 million, 222 million, and 234 million CNY, with net profits of 28.27 million, 1.69 million, -12.94 million, and 8.44 million CNY respectively [3] - Dongshan Precision's revenue for 2022 to 2024 is expected to be 31.58 billion, 33.65 billion, and 36.77 billion CNY, with net profits of 2.368 billion, 1.965 billion, and 1.085 billion CNY [5] - Nobikang's revenue from 2021 to 2024 is anticipated to be 101 million, 253 million, 364 million, and 186 million CNY, with net profits of 25.74 million, 63.16 million, 88.57 million, and 50.74 million CNY [9] Group 3: IPO Applications - Kanop submitted its IPO application to the Hong Kong Stock Exchange on November 17 [1] - Dongshan Precision filed its IPO application on November 18 [2] - Nobikang re-submitted its IPO application on November 18 after previously filing on November 12, 2024 [6]

Group 1 - The core point of the news is the performance and market position of Dongshan Precision Manufacturing Co., Ltd., which saw a stock price increase of 5.04% to 74.36 CNY per share, with a total market capitalization of 136.198 billion CNY [1] - Dongshan Precision's main business includes precision sheet metal and casting manufacturing, electronic manufacturing, and flexible circuit board design and production, with revenue composition being 65.23% from electronic circuit products, 17.98% from touch panels and LCD modules, 13.93% from precision components, 1.69% from LED display devices, and 1.17% from other sources [1] Group 2 - From the perspective of fund holdings, Dongshan Precision is a significant investment for the Green Fund, specifically the Green Macro Return Mixed A fund, which holds 84,000 shares, accounting for 0.81% of the fund's net value, ranking it as the fifth-largest holding [2] - The Green Macro Return Mixed A fund has achieved a year-to-date return of 46.9%, ranking 1073 out of 8140 in its category, and a one-year return of 42.06%, ranking 1295 out of 8057 [2]

Core Viewpoint - Dongshan Precision experienced a decline of 5.01% on November 12, with a stock price of 72.10 CNY per share and a total market capitalization of 132.06 billion CNY [1] Company Overview - Dongshan Precision Manufacturing Co., Ltd. is located in Suzhou, Jiangsu Province, and was established on October 28, 1998. The company went public on April 9, 2010. Its main business includes the manufacturing and service of precision sheet metal parts and precision castings, as well as flexible circuit board design, production, and sales [1] - The revenue composition of the company is as follows: electronic circuit products 65.23%, touch panels and LCD display modules 17.98%, precision components 13.93%, LED display devices 1.69%, and others 1.17% [1] Shareholder Information - The top circulating shareholder of Dongshan Precision includes a fund from Ruifeng Fund, specifically Ruifeng Growth Value Mixed A (007119), which entered the top ten circulating shareholders in the third quarter with 21.34 million shares, accounting for 1.54% of circulating shares. The estimated floating loss today is approximately 81.1 million CNY [2] - Ruifeng Growth Value Mixed A (007119) was established on March 26, 2019, with a latest scale of 21.39 billion CNY. Year-to-date returns are 58.33%, ranking 531 out of 8147 in its category; the one-year return is 50.3%, ranking 494 out of 8056; and since inception, the return is 89.24% [2] Fund Manager Information - The fund managers of Ruifeng Growth Value Mixed A (007119) are Fu Pengbo and Zhu Lin. Fu has a cumulative tenure of 16 years and 304 days, with the fund's total asset scale at 23.63 billion CNY, achieving a best return of 429.69% and a worst return of -3.8% during his tenure [3] - Zhu has a cumulative tenure of 6 years and 234 days, with the same fund asset scale of 23.63 billion CNY, achieving a best return of 91.85% and a worst return of 86.83% during his tenure [3] Fund Holdings - Ruifeng Growth Value Mixed A (007119) has Dongshan Precision as one of its top holdings, with 21.34 million shares, representing 6.46% of the fund's net value, making it the seventh-largest holding. The estimated floating loss today is approximately 81.1 million CNY [4]

Core Insights - Dongshan Precision fell by 5.01% on October 31, with a stock price of 69.01 yuan per share and a trading volume of 2.26 billion yuan, resulting in a total market capitalization of 126.40 billion yuan [1] Company Overview - Suzhou Dongshan Precision Manufacturing Co., Ltd. was established on October 28, 1998, and listed on April 9, 2010. The company is located in the Jiangsu Province, Suzhou City, and specializes in the manufacturing and service of precision sheet metal parts and precision castings, as well as precision electronic manufacturing and flexible circuit board design, production, and sales [1] - The main revenue composition of the company includes: electronic circuit products (65.23%), touch panels and LCD display modules (17.98%), precision component products (13.93%), LED display devices (1.69%), and others (1.17%) [1] Fund Holdings - According to data from the top ten holdings of funds, one fund under Industrial Bank, the Xingye Juyuan Mixed A Fund (002660), has a significant position in Dongshan Precision, holding 21,000 shares, which accounts for 0.99% of the fund's net value, making it the third-largest holding. The estimated floating loss today is approximately 76,400 yuan [2] - The Xingye Juyuan Mixed A Fund was established on June 30, 2016, with a latest scale of 23.99 million yuan. Year-to-date returns are 13.51%, ranking 5,393 out of 8,154 in its category; the one-year return is 20.49%, ranking 4,291 out of 8,046; and since inception, the return is 76.84% [2]

Core Viewpoint - Dongshan Precision is a leading global enterprise specializing in precision sheet metal and flexible circuit boards, with a comprehensive industry chain advantage [1] Financial Performance - In Q3 2025, Dongshan Precision achieved a revenue of 27.071 billion yuan, ranking first among 44 companies in the industry, surpassing the second-ranked Pengding Holdings by 1.16 billion yuan [2] - The main business composition includes electronic circuit products at 11.059 billion yuan (65.23%), touch panels and LCD modules at 3.049 billion yuan (17.98%), precision components at 2.362 billion yuan (13.93%), LED display devices at 286 million yuan (1.69%), and others at 199 million yuan (1.17%) [2] - The net profit for the same period was 1.224 billion yuan, ranking sixth in the industry, below Shenghong Technology and Shengyi Technology, but above the industry average of 481 million yuan [2] Financial Ratios - As of Q3 2025, the asset-liability ratio was 58.82%, slightly up from 58.71% year-on-year, and higher than the industry average of 44.70% [3] - The gross profit margin was 13.79%, an increase from 13.65% year-on-year, but still below the industry average of 20.58% [3] Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 5.23% to 104,800, with an average holding of 13,200 circulating A-shares, a decrease of 4.97% [5] - The largest circulating shareholder is Hong Kong Central Clearing Limited, holding 68.7123 million shares, an increase of 5.2492 million shares from the previous period [5] Business Highlights - Dongshan Precision's revenue from the new energy business reached approximately 7.520 billion yuan in the first three quarters of 2025, a year-on-year increase of about 22.08% [6] - The company acquired 100% equity of Solstice Optoelectronics on September 30 and plans to invest up to 1 billion yuan in convertible bonds to focus on high-end optical module expansion [6] - The company is initiating investment in high-end printed circuit board projects with a planned investment of up to 1 billion USD [6] Market Outlook - The company is focusing on the high-end AI PCB market, enhancing product technology, and deepening cooperation with core customers [7] - The profit forecasts for 2025, 2026, and 2027 are 1.963 billion yuan, 4.352 billion yuan, and 5.960 billion yuan, respectively, with a maintained "buy" rating [7]