Core Viewpoint - The company, Sanxiang New Materials, announced that its stock experienced an abnormal fluctuation with a cumulative closing price increase exceeding 20% over three consecutive trading days in November 2025, specifically on the 7th, 10th, and 11th [1] Company Summary - The main business of the company includes the research, production, and sales of zirconium-based products and casting modification materials, which remains unchanged [1] - The company's production and operational activities are reported to be normal [1] - The company confirmed that there are no undisclosed significant information that should have been disclosed, following inquiries with its controlling shareholder and actual controller [1] - No significant reports or market rumors that could impact the stock trading price have been identified by the company [1]

Group 1 - The company announced the resignation of its Vice Chairman, Lu Zhuangsi, due to work and age reasons, effective September 17, 2025, and appointed him as a lifetime honorary director [1] - For the first half of 2025, the company's revenue composition was as follows: 84.25% from electric fused zirconia, 11.16% from casting modified materials, 2.52% from other businesses, and 2.07% from other sources [1] - The company's market capitalization is currently 12.3 billion yuan [2]

Group 1 - The core viewpoint of the article is that Sanxiang New Materials (SH 603663) held its 10th meeting of the 5th board of directors on August 20, 2025, to review the semi-annual report for 2025 [1] - For the first half of 2025, the revenue composition of Sanxiang New Materials is as follows: 84.25% from electric fused zirconia, 11.16% from casting modified materials, 2.52% from other businesses, and 2.07% from other sources [1] - As of the time of reporting, the market capitalization of Sanxiang New Materials is 11.3 billion yuan [1]