Core Viewpoint - Chaojie Co., Ltd. experienced a stock price decline of 2.03% on October 29, with a current price of 52.56 CNY per share and a market capitalization of 7.057 billion CNY, despite a year-to-date increase of 79.99% in stock price [1] Financial Performance - For the period from January to September 2025, Chaojie Co., Ltd. achieved a revenue of 602 million CNY, representing a year-on-year growth of 34.49%, and a net profit attributable to shareholders of 28.428 million CNY, which is an increase of 11.52% compared to the previous year [2] Shareholder Information - As of October 10, 2025, the number of shareholders for Chaojie Co., Ltd. increased to 23,800, a rise of 7.15%, with an average of 5,554 circulating shares per shareholder, down by 6.67% [2] - The company has distributed a total of 97.278 million CNY in dividends since its A-share listing, with 43.0075 million CNY distributed over the last three years [3] Institutional Holdings - As of September 30, 2025, notable institutional shareholders include Changcheng Jiujia Innovation Growth Mixed Fund, holding 1.5 million shares, and Huaxia Industry Prosperity Mixed Fund, which reduced its holdings by 235,800 shares [3]

Group 1 - The core point of the news is that Chaojie Co., Ltd. experienced a stock price increase of 5.3%, reaching 47.91 CNY per share, with a trading volume of 295 million CNY and a turnover rate of 4.80%, resulting in a total market capitalization of 6.433 billion CNY [1] - Chaojie Co., Ltd. specializes in the research, production, and sales of metal and plastic fasteners, as well as aerospace components, with revenue composition being 69.73% from metal fasteners, 23.19% from plastic fasteners, and 7.45% from aerospace components [1] Group 2 - Among the top ten circulating shareholders of Chaojie Co., Ltd., Huaxia Fund's Huaxia Industry Prosperity Mixed A (003567) increased its holdings by 170,100 shares in the second quarter, now holding 1.5343 million shares, which accounts for 1.16% of the circulating shares [2] - The Huaxia Industry Prosperity Mixed A fund has achieved a year-to-date return of 54.69%, ranking 772 out of 8226 in its category, and a one-year return of 59.26%, ranking 552 out of 8099 [2]

Group 1 - The implementation of a 20% "reciprocal tariff" by the US on Taiwan has led to significant distress in various industries, particularly in machine tools, molds, plastic products, and electronic components, collectively referred to as the "four major disasters" [1][2] - The average tariff rate for Taiwanese products exported to the US was previously 2.4%, but with the new tariffs, rates for specific products have surged, such as machine tools increasing from 4.7% to 24.7% [2][3] - The Taiwanese government estimates that between 42,000 to 59,000 jobs in industrial sectors will be affected, with at least 40,000 families facing economic hardship due to potential layoffs and reduced working hours [2][4] Group 2 - The Taiwanese machinery industry, which exported $14.921 billion in equipment in the first half of the year, is particularly vulnerable, with exports to the US amounting to $3.97 billion [4] - The recent tariff increases have led to a significant decline in competitiveness for Taiwanese exports, especially in the machine tool sector, which has seen a 30% reduction in competitiveness due to the combined effects of tariffs and currency appreciation [3][4] - There is a growing concern that other sectors, including pharmaceuticals, may face even steeper tariffs, potentially reaching 150% to 250%, which would severely impact Taiwan's pharmaceutical industry [4][5] Group 3 - The political response to the tariff situation has been critical, with accusations against the Taiwanese government for lack of transparency and effective negotiation strategies, leading to increased public dissatisfaction [5][6] - The current economic climate has prompted a wave of factory closures and relocations, with some manufacturing capacities shifting to countries like Vietnam, indicating a broader trend of industrial decline in Taiwan [4][7] - The overall sentiment in Taiwan's industrial sector is pessimistic, with many companies expressing that accepting new orders is akin to financial ruin due to rising costs and declining market prospects [4][5]

Group 1 - The announcement of tariffs by Trump in April has placed Taiwan in a challenging position despite its perceived advantages in negotiations [1] - TSMC's investments in the US may shield it from 100% tariffs, but this does not guarantee a trade agreement for Taiwan or protect its economy from other tariffs imposed by Trump [1] - Taiwan's economy is heavily export-oriented, with the US being its largest buyer, and it exports significant amounts of semiconductor components and related electronic parts [1] Group 2 - Traditional manufacturing in Taiwan is facing significant challenges, with the New Taiwan Dollar's appreciation adding pressure on factory owners [3] - The uncertainty in the current situation has led some companies to doubt their ability to sustain operations in the coming months, with reports of clients either halting orders or requesting delivery delays [3] - Manufacturers are experiencing the impact of a 20% tariff on their products, alongside a 50% tariff on steel and aluminum imposed by the Trump administration [1][3]