Core Viewpoint - The stock price of Victory Co., Ltd. closed at 3.50 yuan on August 18, 2025, reflecting a slight decline of 0.01 yuan or 0.28% from the previous trading day [1] Company Overview - Victory Co., Ltd. operates in the natural gas and plastic pipeline sectors, with its subsidiary Shandong Shengbang Plastic Co., Ltd. producing polyethylene pipelines suitable for transporting liquids at temperatures ranging from -20℃ to 40℃ [1] - The technical standards of the polyethylene pipeline products comply with industry norms, and specific technical parameters can be referenced against international standards [1] Market Activity - On August 18, the main capital inflow for the company was 871,000 yuan, while the cumulative net outflow of main capital over the past five days reached 4.2556 million yuan [1] - The trading volume on August 18 was 195,000 hands, with a transaction amount of 6.9 million yuan and a price fluctuation of 2.56% [1]

胜利股份（000407.SZ）8月18日在投资者互动平台表示，公司子公司山东胜邦塑胶有限公司生产的聚乙 烯管道可用于输送温度-20℃～40℃的液体，具体液体种类以及适用温度可参考《工业用塑料管材及配 件 ——综合耐化学性数据汇编ISO/TR 10358》。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：请问贵司的产品管道等是否能应用在液冷方面，请介 绍一下？ ...

Group 1 - The core viewpoint of the news highlights the significant stock performance of China Energy Resources, with a notable increase of 61.29% in its share price, closing at HKD 0.1 per share, and a trading volume of 21.24 million shares [1] - Over the past month, China Energy Resources has achieved a cumulative increase of 21.57%, and a year-to-date increase of 31.91%, outperforming the Hang Seng Index by 20.65% [1] - Financial data indicates that as of December 31, 2024, China Energy Resources reported total revenue of HKD 14.9 million, a year-on-year decrease of 12.37%, and a net profit attributable to shareholders of -HKD 24.5151 million, down 51.27% [1] Group 2 - China Energy Resources Holdings Limited primarily engages in natural gas business, operating through two segments: manufacturing, which involves the production and sale of polyethylene pipes, and energy, which focuses on natural gas transportation and distribution [2] - The company also engages in the sale of composite materials and provides administrative services through its subsidiaries [2] - The average price-to-earnings (P/E) ratio for the utility industry is 6.48 times, with a median of 6.79 times, while China Energy Resources has a P/E ratio of -2.4 times, ranking 70th in the industry [1]

Group 1 - The Hang Seng Index fell by 1.99% to close at 23,237.74 points on June 19 [1] - China Energy Resources (08117.HK) saw its stock price rise by 23.21% to HKD 0.069, with a trading volume of 6.64 million shares and a turnover of HKD 450,600, experiencing a volatility of 48.21% [1] - Over the past month, China Energy Resources has accumulated a gain of 27.27%, and a year-to-date gain of 19.15%, outperforming the Hang Seng Index by 18.2% [1] Group 2 - For the fiscal year ending December 31, 2024, China Energy Resources reported total revenue of HKD 14.9 million, a year-on-year decrease of 12.37%, and a net profit attributable to shareholders of -HKD 24.5151 million, down 51.27% [1] - The company's gross profit margin stands at 34.92%, with a debt-to-asset ratio of 65.44% [1] - Currently, there are no institutional investment ratings for the stock [1] Group 3 - China Energy Resources Holdings Limited primarily engages in natural gas operations through two business segments: manufacturing and energy [2] - The manufacturing segment focuses on the production and sale of polyethylene pipes, including water and gas pipes, while the energy segment is involved in natural gas transportation and distribution [2] - The company also engages in the sale of composite materials and provides administrative services through its subsidiaries [2] Group 4 - The average price-to-earnings (P/E) ratio for the utility industry is 6.33 times, with a median of 6.85 times [1] - China Energy Resources has a P/E ratio of -2.17 times, ranking 70th in the industry [1] - Other companies in the industry include Dianchi Water (03768.HK) with a P/E ratio of 2.17 times, Xinglu Water (02281.HK) at 3.01 times, Shanghai Industrial Environment (00807.HK) at 3.78 times, Kanda Environmental (06136.HK) at 3.83 times, and Shougang Environment (03989.HK) at 4.01 times [1]