11月26日，凯盛新材盘中下跌2.18%，截至09:48，报25.13元/股，成交1.86亿元，换手率1.87%，总市值 105.71亿元。 资金流向方面，主力资金净流出3209.81万元，特大单买入843.14万元，占比4.53%，卖出1618.25万元， 占比8.69%；大单买入2896.72万元，占比15.56%，卖出5331.43万元，占比28.64%。 凯盛新材今年以来股价涨70.72%，近5个交易日跌3.05%，近20日涨6.08%，近60日涨11.29%。 凯盛新材所属申万行业为：基础化工-化学原料-其他化学原料。所属概念板块包括：代糖概念、锂电 池、新材料、融资融券、中盘等。 截至11月10日，凯盛新材股东户数3.95万，较上期增加10.98%；人均流通股9910股，较上期减少 9.90%。2025年1月-9月，凯盛新材实现营业收入7.74亿元，同比增长11.22%；归母净利润1.16亿元，同 比增长121.56%。 分红方面，凯盛新材A股上市后累计派现2.94亿元。近三年，累计派现1.89亿元。 机构持仓方面，截止2025年9月30日，凯盛新材十大流通股东中，香港中央结算有限公司位居第七大流 ...

资料显示，山东凯盛新材料股份有限公司位于山东省淄博市淄川区双杨镇(张博公路东侧)，成立日期 2005年12月20日，上市日期2021年9月27日，公司主营业务涉及精细化工产品及新型高分子材料的研 发、生产和销售。主营业务收入构成为：羧基氯化物59.25%，无机化学品26.23%，羟基氯化物 13.93%，其他(补充)0.58%。 凯盛新材所属申万行业为：基础化工-化学原料-其他化学原料。所属概念板块包括：代糖概念、锂电 池、小盘、新材料、融资融券等。 截至11月10日，凯盛新材股东户数3.95万，较上期增加10.98%；人均流通股9910股，较上期减少 9.90%。2025年1月-9月，凯盛新材实现营业收入7.74亿元，同比增长11.22%；归母净利润1.16亿元，同 比增长121.56%。 11月25日，凯盛新材盘中上涨2.07%，截至10:59，报24.21元/股，成交2.70亿元，换手率2.88%，总市值 101.84亿元。 资金流向方面，主力资金净流出705.29万元，特大单买入721.85万元，占比2.68%，卖出1953.37万元， 占比7.25%；大单买入6756.76万元，占比25.07%，卖 ...

Group 1 - On November 12, Kaisheng New Materials experienced a decline of 1.09% with a trading volume of 983 million yuan, and the net financing purchase amounted to 7.255 million yuan [1] - As of November 12, the total balance of margin trading for Kaisheng New Materials reached 500 million yuan, with a financing balance of 499 million yuan, accounting for 4.51% of the circulating market value, indicating a high level compared to the past year [1] - The company specializes in fine chemical products and new polymer materials, with its main revenue sources being carboxylic chlorides (59.25%), inorganic chemicals (26.23%), and hydroxyl chlorides (13.93%) [1] Group 2 - As of October 20, the number of shareholders for Kaisheng New Materials increased to 35,600, a rise of 13.36%, while the average circulating shares per person decreased by 11.79% to 10,998 shares [2] - For the period from January to September 2025, Kaisheng New Materials reported a revenue of 774 million yuan, reflecting a year-on-year growth of 11.22%, and a net profit attributable to shareholders of 116 million yuan, marking a significant increase of 121.56% [2] - The company has distributed a total of 294 million yuan in dividends since its A-share listing, with 189 million yuan distributed over the past three years [3]

Core Viewpoint - Kaisheng New Materials, a leading global producer of thionyl chloride, is positioned for future growth with strong financial performance and technological advancements in its product offerings [2][5]. Group 1: Company Overview - Established on December 20, 2005, Kaisheng New Materials was listed on the Shenzhen Stock Exchange on September 27, 2021, with its headquarters in Zibo, Shandong Province [1]. - The company specializes in fine chemical products and new polymer materials, leveraging its technological and industrial chain advantages [1]. Group 2: Financial Performance - For Q3 2025, Kaisheng New Materials reported revenue of 774 million yuan, ranking 10th in the industry, significantly lower than the top competitor, Satellite Chemical, which had revenue of 34.77 billion yuan [2]. - The company's net profit for the same period was 116 million yuan, ranking 2nd in the industry, only behind Satellite Chemical's 3.76 billion yuan [2]. Group 3: Financial Ratios - As of Q3 2025, the company's debt-to-asset ratio was 29.18%, down from 32.70% year-on-year, and below the industry average of 46.56%, indicating strong solvency [3]. - The gross profit margin for Q3 2025 was 27.78%, an increase from 23.87% year-on-year, and higher than the industry average of 11.02%, reflecting robust profitability [3]. Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 4.54% to 31,400, while the average number of circulating A-shares held per shareholder increased by 4.55% to 12,500 [5]. - Hong Kong Central Clearing Limited was the seventh-largest circulating shareholder, holding 2.6049 million shares, a decrease of 647,300 shares from the previous period [5]. Group 5: Future Outlook - Analysts at Huazheng Securities project that Kaisheng New Materials will achieve net profits of 145 million yuan, 190 million yuan, and 250 million yuan for the years 2025 to 2027, with corresponding price-to-earnings ratios of 69, 53, and 40 times [5]. - The company is expected to benefit from the upcoming ramp-up of PEKK production, filling a domestic technological gap, and has already commenced 1,000 tons/year production capacity [5].

Group 1 - The core point of the article highlights the recent performance of Kaisheng New Materials, with a stock price increase of 6.04% to 25.30 CNY per share, a trading volume of 616 million CNY, and a total market capitalization of 10.642 billion CNY [1] - Kaisheng New Materials, established on December 20, 2005, and listed on September 27, 2021, specializes in the research, production, and sales of fine chemical products and new polymer materials [1] - The company's main business revenue composition includes carboxylic chlorides at 59.25%, inorganic chemicals at 26.23%, hydroxyl chlorides at 13.93%, and others at 0.58% [1] Group 2 - From the perspective of fund holdings, a fund under CITIC Jiantou has a significant position in Kaisheng New Materials, with 167,300 shares held, accounting for 0.8% of the fund's net value, ranking as the eighth largest holding [2] - The CITIC Jiantou CSI 1000 Index Enhanced A fund, established on June 28, 2022, has a current scale of 229 million CNY and has achieved a year-to-date return of 31.34%, ranking 1589 out of 4218 in its category [2] - The fund has a one-year return of 38.48%, ranking 1147 out of 3876, and a cumulative return since inception of 35.99% [2] Group 3 - The fund manager of CITIC Jiantou CSI 1000 Index Enhanced A is Wang Peng, who has been in the position for 5 years and 173 days, managing total assets of 1.664 billion CNY [3] - During Wang Peng's tenure, the best fund return achieved was 80.99%, while the worst return was -7.08% [3]

Group 1 - The core viewpoint of the news is that Kaisheng New Materials has seen a significant stock price increase of 6.04%, reaching 25.30 CNY per share, with a trading volume of 616 million CNY and a turnover rate of 6.42%, resulting in a total market capitalization of 10.642 billion CNY [1] - Kaisheng New Materials, established on December 20, 2005, and listed on September 27, 2021, specializes in the research, production, and sales of fine chemical products and new polymer materials [1] - The company's main business revenue composition includes carboxylic chlorides at 59.25%, inorganic chemicals at 26.23%, hydroxyl chlorides at 13.93%, and others at 0.58% [1] Group 2 - From the perspective of fund holdings, one fund under Caitong Securities Asset Management has a significant position in Kaisheng New Materials, with 13,100 shares held, accounting for 1.9% of the fund's net value, making it the ninth-largest holding [2] - The Caitong Securities Asset Management CSI 1000 Index Enhanced A fund (019402) has a current scale of 10.2815 million CNY and has achieved a year-to-date return of 20.75%, ranking 2701 out of 4218 in its category [2] - The fund has a one-year return of 27.51%, ranking 1759 out of 3876, and a cumulative return since inception of 34.83% [2]

Group 1 - The core point of the news is that Kaisheng New Materials experienced a decline of 5.04% in stock price, closing at 23.76 CNY per share, with a trading volume of 660 million CNY and a turnover rate of 6.96%, resulting in a total market capitalization of 9.995 billion CNY [1] - Kaisheng New Materials, established on December 20, 2005, and listed on September 27, 2021, is located in Zibo City, Shandong Province, and specializes in the research, production, and sales of fine chemical products and new polymer materials [1] - The company's main business revenue composition includes carboxylic chlorides at 59.25%, inorganic chemicals at 26.23%, hydroxyl chlorides at 13.93%, and others at 0.58% [1] Group 2 - From the perspective of fund holdings, one fund under Caitong Securities Asset Management has a significant position in Kaisheng New Materials, with the Caitong Asset Management CSI 1000 Index Enhanced A Fund (019402) holding 13,100 shares, accounting for 1.9% of the fund's net value, ranking as the ninth largest holding [2] - The Caitong Asset Management CSI 1000 Index Enhanced A Fund was established on April 29, 2024, with a latest scale of 10.2815 million CNY, and has achieved a year-to-date return of 20%, ranking 2629 out of 4218 in its category [2] - The fund has a one-year return of 25.55%, ranking 1668 out of 3875, and a cumulative return since inception of 33.99% [2]

Core Viewpoint - Kaisheng New Materials Co., Ltd. has shown a significant stock price increase of 5.47%, reaching 24.67 CNY per share, with a total market capitalization of 10.377 billion CNY as of October 23 [1] Company Overview - Kaisheng New Materials, established on December 20, 2005, and listed on September 27, 2021, is located in Zibo City, Shandong Province. The company specializes in the research, production, and sales of fine chemical products and new polymer materials [1] - The main revenue composition includes: carboxylic chlorides (59.25%), inorganic chemicals (26.23%), hydroxyl chlorides (13.93%), and others (0.58%) [1] Fund Holdings - Citic Jiantou Fund has a significant holding in Kaisheng New Materials, with its fund, Citic Jiantou CSI 1000 Index Enhanced A (015784), owning 167,300 shares, accounting for 0.8% of the fund's net value, making it the eighth largest holding [2] - The fund has achieved a year-to-date return of 29.87%, ranking 1537 out of 4218 in its category, and a one-year return of 36.63%, ranking 1059 out of 3875 [2] Fund Manager Performance - The fund manager, Wang Peng, has been in position for 5 years and 169 days, managing a total asset size of 1.664 billion CNY. The best fund return during his tenure is 79.17%, while the worst is -8.08% [3]

Group 1 - The core viewpoint of the news is that Kaisheng New Materials has experienced a decline in stock price recently despite a significant increase in its stock price year-to-date [1][2] - As of October 23, the stock price of Kaisheng New Materials was 22.92 CNY per share, with a market capitalization of 9.641 billion CNY [1] - The company has seen a net outflow of main funds amounting to 6.0233 million CNY, with large orders showing a higher selling volume compared to buying [1] Group 2 - Year-to-date, Kaisheng New Materials' stock price has increased by 55.18%, but it has seen a slight decline of 0.43% over the last five trading days and a 3.90% decline over the last 20 days [2] - The company reported a revenue of 774 million CNY for the period from January to September 2025, representing a year-on-year growth of 11.22%, and a net profit of 116 million CNY, which is a significant increase of 121.56% year-on-year [2] - The main business revenue composition includes carboxylic chlorides (59.25%), inorganic chemicals (26.23%), and hydroxyl chlorides (13.93%) [2] Group 3 - Since its A-share listing, Kaisheng New Materials has distributed a total of 273 million CNY in dividends, with 168 million CNY distributed over the past three years [3] - As of September 30, 2025, the number of shareholders decreased by 4.54% to 31,400, while the average circulating shares per person increased by 4.55% to 12,468 shares [2][3] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 2.6049 million shares, a decrease of 647,300 shares compared to the previous period [3]

Group 1 - The core viewpoint of the news is the performance and market position of Kaisheng New Materials, which saw a stock price increase of 5.04% to 24.18 CNY per share, with a total market capitalization of 10.171 billion CNY [1] - Kaisheng New Materials specializes in fine chemical products and new polymer materials, with its main business revenue composition being 59.25% from carboxylic chlorides, 26.23% from inorganic chemicals, and 13.93% from hydroxyl chlorides [1] - The company was established on December 20, 2005, and went public on September 27, 2021, indicating a relatively recent entry into the public market [1] Group 2 - From the perspective of fund holdings, one fund under Caitong Securities Asset Management has a significant position in Kaisheng New Materials, with 13,100 shares held, representing 1.9% of the fund's net value [2] - Caitong Asset Management's fund, the CSI 1000 Index Enhanced A (019402), has achieved a year-to-date return of 20.77% and a one-year return of 34.39%, ranking 1602 out of 3865 in its category [2] - The fund manager, Xin Chenchen, has been in the position for 5 years and has overseen a total asset scale of 11.1061 million CNY, with the best fund return during the tenure being 36.18% [3]