截至11月20日，创益通股东户数8686.00，较上期减少2.27%；人均流通股10608股，较上期增加2.33%。 2025年1月-9月，创益通实现营业收入4.96亿元，同比增长6.38%；归母净利润152.35万元，同比增长 135.74%。 分红方面，创益通A股上市后累计派现4662.00万元。近三年，累计派现1152.00万元。 责任编辑：小浪快报 11月25日，创益通跌0.79%，成交额7929.12万元。两融数据显示，当日创益通获融资买入额1013.05万 元，融资偿还509.27万元，融资净买入503.78万元。截至11月25日，创益通融资融券余额合计3.73亿 元。 融资方面，创益通当日融资买入1013.05万元。当前融资余额3.73亿元，占流通市值的6.92%，融资余额 超过近一年70%分位水平，处于较高位。 融券方面，创益通11月25日融券偿还0.00股，融券卖出0.00股，按当日收盘价计算，卖出金额0.00元； 融券余量0.00股，融券余额0.00元，超过近一年90%分位水平，处于高位。 资料显示，深圳市创益通技术股份有限公司位于广东省深圳市光明区凤凰街道东坑社区长丰工业园第4 栋101 ...

Core Viewpoint - Chuangyitong, established in 2003 and listed in 2021, specializes in interconnection products and has core technologies in the connector field, serving numerous well-known clients [1] Group 1: Business Performance - For Q3 2025, Chuangyitong reported revenue of 496 million yuan, ranking 26th among 33 companies in the industry, significantly lower than the top company, Zhongdian Port, which had 50.598 billion yuan [2] - The net profit for the same period was 1.5337 million yuan, ranking 29th in the industry, with a notable gap compared to the leading company, Wolong Nuclear Materials, which reported 883 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, Chuangyitong's debt-to-asset ratio was 52.72%, slightly higher than the previous year's 52.71% and above the industry average of 44.96% [3] - The gross profit margin for Q3 2025 was 24.00%, an increase from 22.91% in the previous year and above the industry average of 21.49% [3] Group 3: Leadership and Shareholder Information - Chairman Zhang Jianming's salary for 2024 was 653,100 yuan, unchanged from 2023 [4] - As of September 30, 2025, the number of A-share shareholders decreased by 7.31% to 9,711, while the average number of circulating A-shares held per account increased by 7.89% to 9,488.42 [5] Group 4: Growth Prospects - Chuangyitong's net profit significantly improved in Q1 2025, with revenue of 166 million yuan (up 19.62%) and net profit of 6 million yuan (up 200.06%) [5] - The company invested 40.5789 million yuan in R&D in 2024, a 3.85% increase year-on-year, indicating a strong R&D system [5] - The company is expanding into the low-altitude economy, having introduced Leshan Qianxinwei as a second shareholder and established Leshan Tianqiong Power Technology Co., Ltd. to enhance its drone business [5] - Forecasts for 2025-2027 project revenues of 1.155 billion yuan, 1.488 billion yuan, and 1.929 billion yuan, with net profits of 47 million yuan, 70 million yuan, and 94 million yuan respectively [5]

Group 1 - The core viewpoint of the news highlights the stock performance and financial metrics of Chuangyitong Technology Co., Ltd., indicating a significant increase in stock price and trading activity [1][2] - As of October 27, Chuangyitong's stock price rose by 106.53% year-to-date, with a recent increase of 8.30% over the last five trading days [1] - The company has a market capitalization of 6.144 billion yuan and reported a trading volume of 1.21 billion yuan on October 27 [1] Group 2 - Chuangyitong, established on September 25, 2003, specializes in precision connectors and components, with a revenue composition of 58.42% from consumer electronics, 22.68% from data storage, and 12.63% from new energy products [2] - The company is classified under the electronic industry and is involved in various concept sectors, including storage, new energy vehicles, and drones [2] - For the period from January to September 2025, Chuangyitong achieved a revenue of 496 million yuan, reflecting a year-on-year growth of 6.38%, and a net profit of 1.5235 million yuan, marking a significant increase of 135.74% [2] Group 3 - Since its A-share listing, Chuangyitong has distributed a total of 46.62 million yuan in dividends, with 11.52 million yuan distributed over the past three years [3]

Group 1 - The core viewpoint of the news is that Chuangyitong's stock has shown significant growth this year, with a year-to-date increase of 113.70% and a recent surge in trading volume and price [1][2] - As of October 14, Chuangyitong's stock price reached 44.15 yuan per share, with a total market capitalization of 6.358 billion yuan [1] - The company has seen a net inflow of main funds amounting to 1.9958 million yuan, with significant trading activity reflected in the large buy and sell orders [1] Group 2 - Chuangyitong, established on September 25, 2003, is located in Shenzhen, Guangdong Province, and was listed on May 20, 2021 [2] - The company's main business involves research, design, and precision manufacturing, focusing on precision connectors and components, with revenue contributions from various sectors including consumer electronics (58.42%) and data storage (22.68%) [2] - As of October 10, the number of shareholders decreased by 0.66% to 9,647, while the average circulating shares per person increased by 0.66% to 9,551 shares [2] Group 3 - Since its A-share listing, Chuangyitong has distributed a total of 46.62 million yuan in dividends, with 11.52 million yuan distributed over the past three years [3]

Core Viewpoint - The capital operations of Chuangyitong have raised market concerns regarding the "buy low, sell high" strategy, particularly in light of the significant share reduction by the actual controller and the simultaneous announcement of a private placement plan [1][2]. Group 1: Share Reduction - In May 2025, the actual controller Zhang Jianming and his associates reduced their holdings by 17.286 million shares, accounting for 12.0042% of the total share capital, cashing out 373 million yuan at a transaction price of 18.19 yuan per share [1]. - Following the reduction, the controlling stake decreased from 52.52% to 38.26%, while Leshan Qianxin Micro Technology became the second-largest shareholder with a 14.25% stake, committing to not sell shares for 36 months [1]. - In November 2024, Zhang Jianming transferred 5.49% of his shares at 15.2 yuan per share, cashing out 120 million yuan, while the stock price at that time was 18.94 yuan [1]. Group 2: Private Placement - Almost simultaneously with the share transfer, Chuangyitong announced a private placement plan on August 30, 2025, aiming to raise no more than 128 million yuan for the production of precision connectors and structural components in the new energy sector [2]. - The market is questioning the rationale behind the simultaneous share reduction by major shareholders and the private placement, particularly the potential for the stock price to be manipulated downwards prior to the private placement to achieve a lower issuance price [2]. - The private placement price has not yet been determined, but if it is significantly lower than the market price and shows a large discrepancy from the previous reduction price, it could indicate a "buy low, sell high" scenario [2].

Company Overview - Shenzhen Chuangyitong Technology Co., Ltd. is located in Guangming District, Shenzhen, Guangdong Province, and was established on September 25, 2003. The company went public on May 20, 2021. Its main business involves research, design, and precision manufacturing, providing precision connectors, connecting wires, and precision structural components as a national high-tech enterprise [2]. Business Segmentation - The revenue composition of Chuangyitong is as follows: 58.42% from consumer electronics interconnect products and components, 22.68% from data storage interconnect products and components, 12.63% from new energy precision connectors and structural components, 2.86% from other products, 2.20% from communication connector products and components, and 1.21% from other categories [2]. Financial Performance - For the first half of 2025, Chuangyitong achieved operating revenue of 329 million yuan, representing a year-on-year growth of 16.39%. The net profit attributable to the parent company was -814,200 yuan, showing a year-on-year increase of 66.51% [2]. Stock Performance - As of September 29, Chuangyitong's stock price increased by 2.07% to 39.45 yuan per share, with a total market capitalization of 5.681 billion yuan. The stock has risen 90.95% year-to-date, but has seen a decline of 3.90% over the last five trading days and 3.43% over the last 20 days [1]. Trading Activity - The net outflow of main funds was 5.1162 million yuan, with significant selling activity amounting to 1.1381 million yuan from large orders, which accounted for 25.79% of total trading. The stock has appeared on the "Dragon and Tiger List" twice this year, with the most recent instance on August 21, where it recorded a net purchase of 119 million yuan [1]. Dividend Distribution - Since its A-share listing, Chuangyitong has distributed a total of 46.62 million yuan in dividends, with 11.52 million yuan distributed over the past three years [3].

Company Overview - Shenzhen Chuangyitong Technology Co., Ltd. is located in Guangming District, Shenzhen, Guangdong Province, and was established on September 25, 2003. The company went public on May 20, 2021. Its main business involves research, design, and precision manufacturing, providing precision connectors, connection wires, and precision structural components as a national high-tech enterprise [2] - The revenue composition of Chuangyitong's main business includes 58.42% from consumer electronics interconnection products and components, 22.68% from data storage interconnection products and components, 12.63% from new energy precision connectors and structural components, 2.86% from other (supplementary) products, 2.20% from communication connectors and components, and 1.21% from others [2] - The company belongs to the Shenwan industry classification of Electronics - Other Electronics II - Other Electronics III, and is associated with concepts such as margin financing, specialized and innovative enterprises, drones, Xiaomi concept, and Huawei concept [2] Financial Performance - As of September 19, the number of shareholders of Chuangyitong is 10,500, a decrease of 0.51% from the previous period, with an average of 8,794 circulating shares per person, an increase of 0.52% [2] - For the first half of 2025, Chuangyitong achieved operating revenue of 329 million yuan, a year-on-year increase of 16.39%, while the net profit attributable to the parent company was -814,200 yuan, a year-on-year increase of 66.51% [2] Stock Performance - On September 24, Chuangyitong's stock rose by 2.03%, closing at 40.79 yuan per share, with a trading volume of 109 million yuan and a turnover rate of 2.94%, resulting in a total market value of 5.874 billion yuan [1] - Year-to-date, Chuangyitong's stock price has increased by 97.43%, with a decline of 2.04% over the last five trading days, a decline of 5.14% over the last 20 days, and an increase of 36.56% over the last 60 days [1] - Chuangyitong has appeared on the "Dragon and Tiger List" twice this year, with the most recent appearance on August 21, where the net buying on that day was 119 million yuan, accounting for 34.54% of the total trading volume [1] Dividend Information - Since its A-share listing, Chuangyitong has distributed a total of 46.62 million yuan in dividends, with 11.52 million yuan distributed over the past three years [3]

Company Overview - Shenzhen Chuangyitong Technology Co., Ltd. is located in Guangming District, Shenzhen, Guangdong Province, and was established on September 25, 2003. The company went public on May 20, 2021. Its main business involves research, design, and precision manufacturing, providing precision connectors, cables, and precision structural components as a national high-tech enterprise [2] - The revenue composition of Chuangyitong's main business includes: 58.42% from consumer electronics interconnect products and components, 22.68% from data storage interconnect products and components, 12.63% from new energy precision connectors and structural components, 2.86% from other products, 2.20% from communication connectors and components, and 1.21% from other categories [2] - The company belongs to the Shenwan industry classification of Electronics - Other Electronics II - Other Electronics III, and is associated with concepts such as margin trading, storage concepts, Xiaomi concepts, specialized and innovative enterprises, and Huawei concepts [2] Financial Performance - As of September 10, 2023, Chuangyitong had 10,600 shareholders, a decrease of 19.33% from the previous period, with an average of 8,714 circulating shares per person, an increase of 23.96% [2] - For the first half of 2025, Chuangyitong achieved operating revenue of 329 million yuan, a year-on-year increase of 16.39%, while the net profit attributable to the parent company was -814,200 yuan, a year-on-year increase of 66.51% [2] Stock Performance - On September 19, 2023, Chuangyitong's stock price fell by 2.01%, closing at 39.52 yuan per share, with a trading volume of 44.826 million yuan and a turnover rate of 1.21%, resulting in a total market capitalization of 5.691 billion yuan [1] - Year-to-date, Chuangyitong's stock price has increased by 91.29%, with a 1.23% increase over the last five trading days, a 4.00% increase over the last 20 days, and a 36.42% increase over the last 60 days [1] - The company has appeared on the "Dragon and Tiger List" twice this year, with the most recent appearance on August 21, where it recorded a net purchase of 119 million yuan, accounting for 34.54% of the total trading volume [1] Dividend Information - Since its A-share listing, Chuangyitong has distributed a total of 46.62 million yuan in dividends, with 11.52 million yuan distributed over the past three years [3]

Summary of Key Points Core Viewpoint - The North Exchange has seen a decrease in trading volume and value, with a total of 274 listed companies as of August 31, 2025, and a notable decline in trading activity during the last week of August 2025 [2][3]. Trading Activity - As of August 31, 2025, the North Exchange had a total trading volume of 66.58 billion shares for the week, a decrease of 17.87% compared to the previous week [3]. - The total trading value for the same week was 1645.28 billion yuan, down 21.09% from the previous week [3]. - The average trading price was 24.71 yuan, reflecting a decrease of 3.92% [3]. - The North Exchange 50 Index fell by 1.63% to 1574.25 points, with 14 stocks rising and 36 falling [3]. New Listings and IPOs - One company, Shanghai Balanshi Automotive Testing Equipment Co., Ltd., successfully listed on the North Exchange on August 28, 2025, becoming the 274th listed company [8]. - Balanshi's stock price surged by 205.13% on its first trading day, closing at 48.15 yuan, with a total market capitalization of 39.48 billion yuan [8]. - The company aims to raise 300 million yuan for projects related to the intelligent transformation of automotive maintenance equipment [9]. Financial Performance - Balanshi reported revenues of 6.43 billion yuan, 7.94 billion yuan, and 10.57 billion yuan for the years 2022 to 2024, with net profits of 30.04 million yuan, 80.55 million yuan, and 129 million yuan respectively [10]. - In the first half of 2025, Balanshi's revenue grew by 5.65% to 540 million yuan, and net profit increased by 11.80% to 77.53 million yuan [10]. Upcoming IPOs - One company, Sanxie Electric Co., Ltd., opened for subscription on August 26, 2025, with a target to raise 159 million yuan for expansion and R&D projects [12][14]. - Sanxie Electric reported revenues of 2.87 billion yuan, 3.62 billion yuan, and 4.20 billion yuan from 2022 to 2024, with net profits of 26.98 million yuan, 48.64 million yuan, and 56.33 million yuan respectively [15][16]. Regulatory Status - As of August 31, 2025, there were 153 companies awaiting review on the North Exchange, with 140 under inquiry and 10 submitted for registration [5]. - No companies received IPO registration approval during the last week of August 2025 [17]. Company Developments - Jiangsu Jingchuang Electric Co., Ltd. passed the listing committee meeting on August 29, 2025, and plans to raise 175 million yuan for smart production upgrades [26]. - Zhejiang Kema Materials Co., Ltd. submitted its registration on August 26, 2025, aiming to raise 206 million yuan for environmental projects [20][21].

Core Viewpoint - The company plans to issue shares through a simplified procedure to specific targets in 2025, which may dilute immediate returns for shareholders, and has outlined measures to mitigate this impact [1][2][5]. Financial Impact of Share Issuance - The total share capital before the issuance is 144 million shares, with a maximum estimated issuance of 4,281,509 shares [3]. - The projected net profit for 2025 is 19.68 million yuan, with a non-recurring profit of 16.72 million yuan [3]. - Under three scenarios (holding steady, increasing by 20%, and decreasing by 20%), the diluted earnings per share (EPS) will be affected as follows: - Scenario 1 (steady): Basic EPS before issuance is 0.1367 yuan, diluted EPS after issuance is 0.1327 yuan [4]. - Scenario 2 (20% increase): Basic EPS after issuance is 0.1640 yuan, diluted EPS is 0.1593 yuan [4]. - Scenario 3 (20% decrease): Basic EPS after issuance is 0.1093 yuan, diluted EPS is 0.1062 yuan [4]. Necessity and Reasonableness of the Issuance - The funds raised will be invested in projects that enhance the company's core competitiveness and sustainable development [5][6]. - The projects are aligned with the company's existing business, focusing on precision connectors and components, particularly in the growing renewable energy sector [6][7]. Measures to Mitigate Dilution of Immediate Returns - The company will enhance its main business operations to improve sustainable profitability [10]. - It will expedite the construction of fundraising projects to achieve expected benefits quickly [10][11]. - The company will manage the raised funds efficiently to ensure they are used effectively [11]. - It will optimize the investment return mechanism to strengthen investor returns [11][12]. - The company will continuously improve its governance structure to provide institutional support for development [12]. Commitments from Management - The board of directors and senior management have committed to ensuring the implementation of measures to mitigate the dilution of immediate returns [13][14]. - The controlling shareholder has also made commitments regarding the fulfillment of these measures [14][15].