分红方面，宁波华翔A股上市后累计派现43.80亿元。近三年，累计派现10.99亿元。 资金流向方面，主力资金净流出8956.66万元，特大单买入3858.87万元，占比7.20%，卖出7668.73万 元，占比14.30%；大单买入9560.90万元，占比17.83%，卖出1.47亿元，占比27.43%。 资料显示，宁波华翔电子股份有限公司位于上海市浦东新区世纪大道1168号东方金融广场A座6层，成 立日期1988年9月26日，上市日期2005年6月3日，公司主营业务涉及从事汽车零部件的开发、生产和销 售。主营业务收入构成为：内饰件53.89%，外饰件18.06%，金属件17.68%，电子件8.28%，其他 2.09%。 宁波华翔所属申万行业为：汽车-汽车零部件-车身附件及饰件。所属概念板块包括：人形机器人、灵巧 手、PEEK概念、汽车零部件、机器人概念等。 截至9月30日，宁波华翔股东户数5.82万，较上期增加20.74%；人均流通股12196股，较上期减少 17.17%。2025年1月-9月，宁波华翔实现营业收入192.24亿元，同比增长5.99%；归母净利润8872.61万 元，同比减少87.62%。 ...

资金流向方面，主力资金净流出3372.15万元，特大单买入6636.32万元，占比9.58%，卖出8561.85万 元，占比12.35%；大单买入1.70亿元，占比24.46%，卖出1.84亿元，占比26.55%。 1月6日，宁波华翔盘中下跌2.01%，截至13:43，报30.27元/股，成交6.93亿元，换手率3.18%，总市值 246.35亿元。 截至9月30日，宁波华翔股东户数5.82万，较上期增加20.74%；人均流通股12196股，较上期减少 17.17%。2025年1月-9月，宁波华翔实现营业收入192.24亿元，同比增长5.99%；归母净利润8872.61万 元，同比减少87.62%。 分红方面，宁波华翔A股上市后累计派现43.80亿元。近三年，累计派现10.99亿元。 机构持仓方面，截止2025年9月30日，宁波华翔十大流通股东中，永赢先进制造智选混合发起A （018124）位居第四大流通股东，持股2080.43万股，为新进股东。香港中央结算有限公司位居第五大 流通股东，持股1742.80万股，相比上期减少2088.32万股。易方达中证红利ETF（515180）位居第八大 流通股东，持股846 ...

12月18日，一彬科技涨5.03%，截至发稿，报20.27元/股，成交3456.71万元，换手率3.48%，总市值 25.08亿元。 资料显示，宁波一彬电子科技股份有限公司位于浙江省慈溪市周巷镇兴业北路东侧工业园区，成立日期 2006年8月3日，上市日期2023年3月8日，公司主营业务涉及汽车零部件的设计、开发、生产和销售。主 营业务收入构成为：塑料件60.31%，金属件30.75%，模具6.18%，其他(补充)2.76%。 从一彬科技十大流通股东角度 数据显示，中信保诚基金旗下1只基金位居一彬科技十大流通股东。中信保诚多策略混合(LOF)A （165531）三季度新进十大流通股东，持有股数49.34万股，占流通股的比例为0.98%。根据测算，今日 浮盈赚取约47.86万元。 中信保诚多策略混合(LOF)A（165531）成立日期2017年6月16日，最新规模11.33亿。今年以来收益 39.56%，同类排名1688/8100；近一年收益32.78%，同类排名2299/8065；成立以来收益136.32%。 中信保诚多策略混合(LOF)A（165531）基金经理为王颖。 截至发稿，王颖累计任职时间8年308天 ...

Core Viewpoint - Ningbo Huaxiang's stock price has experienced significant fluctuations, with a year-to-date increase of 146.30% but a recent decline in the last five and twenty trading days [1][2] Company Overview - Ningbo Huaxiang Electronic Co., Ltd. specializes in the development, production, and sales of automotive parts, with a revenue composition of 53.89% from interior parts, 18.06% from exterior parts, 17.68% from metal parts, 8.28% from electronic parts, and 2.09% from other categories [1][2] Financial Performance - For the period from January to September 2025, Ningbo Huaxiang reported a revenue of 19.22 billion yuan, reflecting a year-on-year growth of 5.99%, while the net profit attributable to shareholders decreased by 87.62% to 8.87 million yuan [2] - The company has distributed a total of 4.38 billion yuan in dividends since its A-share listing, with 1.10 billion yuan distributed over the past three years [3] Shareholder Structure - As of September 30, 2025, the number of shareholders increased by 20.74% to 58,200, with an average of 12,196 circulating shares per person, a decrease of 17.17% [2] - The top ten circulating shareholders include notable entities such as Yongying Advanced Manufacturing Mixed Fund and Hong Kong Central Clearing Limited, with changes in their holdings observed [3]

Core Insights - Yingli Automotive, established in December 2006 and listed on the Shanghai Stock Exchange in April 2021, is a well-known automotive parts supplier in China, providing a full range of services across the entire industry chain [1] Financial Performance - For Q3 2025, Yingli Automotive reported revenue of 3.155 billion yuan, ranking 10th among 55 companies in the industry. The top company, Zhongding Holdings, had revenue of 14.555 billion yuan, while the industry average was 2.15 billion yuan [2] - The company's net profit for the same period was -59.2565 million yuan, placing it 52nd in the industry. The leading company, Zhongding Holdings, reported a net profit of 1.305 billion yuan, with the industry average at 129 million yuan [2] Financial Ratios - As of Q3 2025, Yingli Automotive's debt-to-asset ratio was 39.12%, slightly down from 39.28% year-on-year, and below the industry average of 40.56% [3] - The company's gross profit margin for Q3 2025 was 8.13%, down from 10.61% year-on-year, and also below the industry average of 21.56% [3] Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 9.40% to 35,200, while the average number of circulating A-shares held per account increased by 10.38% to 45,000 [5] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited held 3.635 million shares, a decrease of 1.9678 million shares from the previous period [5]

Group 1 - Ningbo Huaxiang's stock price dropped by 5.08% to 34.78 CNY per share, with a trading volume of 617 million CNY and a turnover rate of 2.43%, resulting in a total market capitalization of 28.305 billion CNY [1] - The company, established on September 26, 1988, and listed on June 3, 2005, specializes in the development, production, and sales of automotive parts, with revenue composition as follows: interior parts 53.89%, exterior parts 18.06%, metal parts 17.68%, electronic parts 8.28%, and others 2.09% [1] Group 2 - According to data, one fund from Fuan Da holds a significant position in Ningbo Huaxiang, specifically the Fuan Da Yangtze River Delta Theme Mixed A Fund (010746), which held 54,000 shares in the third quarter, accounting for 3.87% of the fund's net value, ranking as the ninth largest holding [2] - The Fuan Da Yangtze River Delta Theme Mixed A Fund was established on December 22, 2020, with a latest scale of 44.668 million CNY, achieving a year-to-date return of 54.58% and a one-year return of 41.37%, ranking 1012 out of 8152 and 1754 out of 8038 in its category, respectively [2] Group 3 - The fund manager of Fuan Da Yangtze River Delta Theme Mixed A Fund is Yang Hong, who has been in the position for 6 years and 129 days, managing total assets of 236 million CNY, with the best fund return during his tenure being 65.42% and the worst being -30.01% [3]

Core Viewpoint - Ningbo Huaxiang (002048.SZ) reported mixed results in its Q3 earnings, with a significant profit increase in Q3 due to the divestiture of loss-making European operations, but a nearly 90% drop in net profit for the first three quarters, raising concerns about meeting annual performance targets [1][2]. Financial Performance - For the first three quarters of 2025, the company achieved revenue of approximately 19.22 billion yuan, a year-on-year increase of 5.88%, while net profit attributable to shareholders was about 88.73 million yuan, a decrease of 87.68% [2][4]. - The adjusted net profit, excluding non-recurring items, was 1.07 billion yuan, reflecting a year-on-year increase of 63.89% [2][4]. Q3 Performance - In Q3 2025, the company reported revenue of 6.35 billion yuan, a decline of 3.01% year-on-year, while net profit attributable to shareholders was 462 million yuan, a year-on-year increase of 149.27% [4]. - The increase in Q3 net profit was primarily due to the sale of European operations, which reduced losses, and a rapid adjustment in the company's own brand production [4]. Business Strategy and Investments - The company is focusing on traditional production capacity in its recent 2.92 billion yuan fundraising, with limited investment in emerging sectors like robotics, raising questions about the necessity of capacity expansion and strategic direction [1][9]. - The fundraising will support projects including intelligent manufacturing in Wuhu, a production base for automotive interior parts in Chongqing, and a research and development center [9]. Capacity Utilization - The capacity utilization rates for various subsidiaries are low, with the Ningbo Interior System at 57.61% and Ningbo Lawrence at 51.52%, indicating underutilization of resources [8][9]. - The company’s main product lines, particularly interior components, have consistently accounted for over 50% of total revenue, yet the current capacity utilization does not support aggressive expansion plans [9]. Market Position and Future Outlook - The company has entered the robotics sector later than competitors, and the current investment strategy does not heavily favor this area, leaving its future market position uncertain [10].

Core Insights - Ningbo Huaxiang's stock price increased by 2.22% on October 22, reaching 33.08 CNY per share, with a total market capitalization of 26.922 billion CNY [1] - The company has seen a year-to-date stock price increase of 172.22%, but has experienced a decline of 1.72% over the last five trading days and 4.67% over the last twenty days [1] - Ningbo Huaxiang's main business involves the development, production, and sales of automotive parts, with revenue composition including interior parts (53.89%), exterior parts (18.06%), metal parts (17.68%), electronic parts (8.28%), and others (2.09%) [1] Financial Performance - For the first half of 2025, Ningbo Huaxiang reported revenue of 12.879 billion CNY, a year-on-year increase of 11.03%, but a net profit attributable to shareholders of -374 million CNY, a decrease of 170.16% year-on-year [2] - The company has distributed a total of 4.38 billion CNY in dividends since its A-share listing, with 1.099 billion CNY distributed in the last three years [3] Shareholder Information - As of June 30, 2025, the number of shareholders increased by 29.27% to 48,200, while the average circulating shares per person decreased by 22.64% to 14,725 shares [2] - The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 38.3112 million shares, an increase of 10.0031 million shares from the previous period [3]

Group 1 - Ningbo Huaxiang's stock price increased by 5.42%, reaching 33.07 CNY per share, with a trading volume of 307 million CNY and a turnover rate of 1.33%, resulting in a total market capitalization of 26.913 billion CNY [1] - The company specializes in the development, production, and sales of automotive parts, with revenue composition as follows: interior parts 53.89%, exterior parts 18.06%, metal parts 17.68%, electronic parts 8.28%, and others 2.09% [1] Group 2 - Noan Fund has a significant holding in Ningbo Huaxiang, with its Noan Jingxin Mixed Fund (002145) holding 126,400 shares, accounting for 5.9% of the fund's net value, making it the second-largest holding [2] - The Noan Jingxin Mixed Fund has achieved a year-to-date return of 47.67%, ranking 686 out of 8234 in its category, and a one-year return of 62.84%, ranking 414 out of 8095 [2] Group 3 - The fund manager of Noan Jingxin Mixed Fund is Li Yuliang, who has been in the position for 10 years and 231 days, with the fund's total asset size at 39.4075 million CNY [3] - During Li Yuliang's tenure, the best fund return was 191.34%, while the worst return was -86.55% [3]

Core Viewpoint - Ningbo Huaxiang's stock price has experienced significant fluctuations, with a year-to-date increase of 171.40% but a recent decline of 16.55% over the past five trading days [1] Company Overview - Ningbo Huaxiang Electronic Co., Ltd. is located at 1168 Century Avenue, Pudong New District, Shanghai, established on September 26, 1988, and listed on June 3, 2005. The company specializes in the development, production, and sales of automotive parts [1] - The main revenue composition includes: interior parts (53.89%), exterior parts (18.06%), metal parts (17.68%), electronic parts (8.28%), and others (2.09%) [1] Financial Performance - For the first half of 2025, Ningbo Huaxiang achieved operating revenue of 12.879 billion yuan, a year-on-year increase of 11.03%, while the net profit attributable to shareholders was -374 million yuan, a year-on-year decrease of 170.16% [2] - Since its A-share listing, the company has distributed a total of 4.38 billion yuan in dividends, with 1.099 billion yuan distributed in the last three years [3] Shareholder Information - As of June 30, 2025, the number of shareholders for Ningbo Huaxiang was 48,200, an increase of 29.27% from the previous period, with an average of 14,725 circulating shares per person, a decrease of 22.64% [2] - The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 38.3112 million shares, an increase of 10.0031 million shares from the previous period [3]