11月13日，上大股份盘中上涨2.01%，截至13:24，报34.97元/股，成交1.60亿元，换手率1.65%，总市值 130.04亿元。 分红方面，上大股份A股上市后累计派现4350.84万元。 机构持仓方面，截止2025年9月30日，上大股份十大流通股东中，国泰中证军工ETF（512660）位居第 二大流通股东，持股73.54万股，相比上期减少11.53万股。南方中证1000ETF（512100）位居第三大流 通股东，持股67.88万股，相比上期减少1.22万股。南方中证申万有色金属ETF发起联接A（004432）位 居第四大流通股东，持股59.72万股，相比上期增加32.15万股。华夏中证1000ETF（159845）位居第六 大流通股东，持股40.42万股，相比上期增加1727.00股。广发中证军工ETF（512680）位居第七大流通 股东，持股39.65万股，相比上期增加8.38万股。广发中证1000ETF（560010）位居第十大流通股东，持 股31.14万股，相比上期减少1.52万股。香港中央结算有限公司、富国中证军工指数A（161024）退出十 大流通股东之列。 责任编辑：小浪快报 资料显示 ...

Core Viewpoint - On November 6, Shangda Co., Ltd. experienced a stock price increase of 5.05%, reaching 35.75 CNY per share, with a trading volume of 657 million CNY and a turnover rate of 6.82%, resulting in a total market capitalization of 13.294 billion CNY [1] Company Overview - Shangda Co., Ltd., officially known as AVIC Shangda High-Temperature Alloy Materials Co., Ltd., is located at No. 16, Huigong Avenue, Qinghe County, Hebei Province. The company was established on August 23, 2007, and went public on October 16, 2024. Its main business involves the research, production, and sales of high-temperature and high-performance alloys, as well as high-quality special stainless steel [1] - The revenue composition of the company is as follows: high-temperature and high-performance alloys account for 52.58%, high-quality special stainless steel for 44.22%, other products for 2.02%, and additional items for 1.17% [1] Shareholder Information - Among the top ten circulating shareholders of Shangda Co., Ltd., a fund under Guotai Fund holds a position. The Guotai CSI Military Industry ETF (512660) reduced its holdings by 115,300 shares in the third quarter, now holding 735,400 shares, which represents 0.99% of the circulating shares. The estimated floating profit today is approximately 1.2649 million CNY [2] - The Guotai CSI Military Industry ETF (512660) was established on July 26, 2016, with a current scale of 14.109 billion CNY. Year-to-date returns are 14.4%, ranking 3251 out of 4216 in its category; the one-year return is 4.07%, ranking 3532 out of 3909; and since inception, the return is 19.17% [2]

Core Insights - On November 5, the stock of Shangda Co., Ltd. increased by 1.58%, with a trading volume of 492 million yuan [1] - The company reported a financing buy-in of 53.84 million yuan and a net buy of 10.11 million yuan on the same day [1] - As of November 5, the total financing and securities lending balance for Shangda Co. reached 223 million yuan, indicating a high level of activity [1] Financing Summary - On November 5, Shangda Co. had a financing buy-in of 53.84 million yuan, with a current financing balance of 222 million yuan, representing 2.32% of its market capitalization [1] - The financing balance is above the 90th percentile of the past year, indicating a high level of leverage [1] Securities Lending Summary - On November 5, there were no shares repaid in securities lending, with 200 shares sold, amounting to 6,806 yuan at the closing price [1] - The securities lending balance stood at 350,500 yuan, also above the 90th percentile of the past year [1] Company Overview - Shangda Co., Ltd. specializes in the research, production, and sales of high-temperature and high-performance alloys, as well as high-quality special stainless steel [1] - The company's revenue composition includes 52.58% from high-temperature and high-performance alloys, 44.22% from high-quality special stainless steel, and 2.02% from other products [1] Financial Performance - For the period from January to September 2025, Shangda Co. reported a revenue of 1.805 billion yuan, a year-on-year decrease of 4.10% [2] - The net profit attributable to shareholders was 76.58 million yuan, reflecting a significant year-on-year decline of 38.60% [2] Shareholder Structure - As of September 30, 2025, the number of shareholders for Shangda Co. was 25,500, a decrease of 1.12% from the previous period [2] - The average number of circulating shares per shareholder increased by 1.13% to 2,914 shares [2] Dividend Information - Since its A-share listing, Shangda Co. has distributed a total of 43.51 million yuan in dividends [3] Institutional Holdings - As of September 30, 2025, the second-largest circulating shareholder was the Guotai Zhongzheng Military Industry ETF, holding 735,400 shares, a decrease of 115,300 shares from the previous period [3] - Other notable institutional shareholders include the Southern Zhongzheng 1000 ETF and the Huaxia Zhongzheng 1000 ETF, with varying changes in their holdings [3]

Company Overview - The company, Zhonghang Shangda High-Temperature Alloy Materials Co., Ltd., is located in Qinghe County, Hebei Province, and was established on August 23, 2007. It was listed on October 16, 2024. The main business involves the research, production, and sales of high-temperature and high-performance alloys, as well as high-quality special stainless steel products [1]. Financial Performance - As of November 3, the stock price of Shangda shares increased by 5.08%, reaching 33.10 CNY per share, with a trading volume of 100 million CNY and a turnover rate of 1.11%. The total market capitalization is 12.309 billion CNY [1]. - The revenue composition of the main business includes: high-temperature and high-performance alloys at 52.58%, high-quality special stainless steel at 44.22%, other products at 2.02%, and additional contributions at 1.17% [1]. Shareholder Information - Among the top ten circulating shareholders of Shangda shares, a fund under Guotai Fund holds a position. The Guotai Zhongzheng Military Industry ETF (512660) reduced its holdings by 115,300 shares in the third quarter, now holding 735,400 shares, which accounts for 0.99% of the circulating shares. The estimated floating profit today is approximately 1.1766 million CNY [2]. - The Guotai Zhongzheng Military Industry ETF (512660) was established on July 26, 2016, with a current scale of 14.109 billion CNY. Year-to-date returns are 15.55%, ranking 3202 out of 4216 in its category; the one-year return is 10.9%, ranking 3238 out of 3894; and since inception, the return is 20.37% [2].

Company Overview - Company was established on August 23, 2007, and is set to be listed on the Shenzhen Stock Exchange on October 16, 2024 [1] - It is a significant player in the domestic special alloy sector, focusing on the R&D, production, and sales of high-temperature and high-performance alloys [1] Business Performance - For Q3 2025, the company's revenue reached 1.805 billion, ranking 9th among 18 companies in the industry [2] - The net profit for the same period was 76.58 million, placing the company 7th in the industry [2] - The industry leader, Bo Wei Alloy, reported revenue of 15.474 billion and net profit of 881 million [2] Financial Ratios - As of Q3 2025, the company's debt-to-asset ratio was 50.71%, higher than the industry average of 43.99%, but improved from 61.31% in the previous year [3] - The gross profit margin was 11.41%, below the industry average of 15.62%, and decreased from 14.25% year-on-year [3] Executive Compensation - The chairman, Luan Donghai, received a salary of 1.2184 million in 2024, a decrease of 17,800 from 2023 [4] - The general manager, Gao Shengyong, earned 1.2553 million in 2024, down by 5,300 from the previous year [4] Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 1.12% to 25,500 [5] - The average number of circulating A-shares held per shareholder increased by 1.13% to 2,914.77 [5]

Group 1 - The core viewpoint of the news is that Shangda Co., Ltd. has seen a significant stock price increase of 5.2%, reaching 32.99 yuan per share, with a total market capitalization of 12.268 billion yuan [1] - Shangda Co., Ltd. specializes in the research, production, and sales of high-temperature and high-performance alloys, as well as high-quality special stainless steel, with revenue contributions of 52.58% from high-temperature alloys, 44.22% from special stainless steel, and 2.02% from other products [1] - The company was established on August 23, 2007, and was listed on October 16, 2024 [1] Group 2 - Guotai Fund's Guotai Zhongzheng Military Industry ETF (512660) has entered the top ten circulating shareholders of Shangda Co., Ltd., holding 850,700 shares, which is 1.14% of the circulating shares [2] - The ETF has a total scale of 15.601 billion yuan and has achieved a year-to-date return of 14.79% [2] - The ETF's performance ranks 3,234 out of 4,218 in its category this year and 3,146 out of 3,869 over the past year [2] Group 3 - The fund manager of Guotai Zhongzheng Military Industry ETF is Ai Xiaojun, who has a tenure of 11 years and 286 days [3] - Under Ai Xiaojun's management, the fund has achieved a best return of 275.94% and a worst return of -46.54% [3]

Group 1 - The core viewpoint of the news is that Shangda Co., Ltd. has seen a significant stock price increase of 5.2%, reaching 32.99 yuan per share, with a total market capitalization of 12.268 billion yuan [1] - Shangda Co., Ltd. specializes in the research, production, and sales of high-temperature and high-performance alloys, as well as high-quality special stainless steel, with its main business revenue composition being 52.58% from high-temperature and high-performance alloys, 44.22% from high-quality special stainless steel, and 2.02% from other products [1] - The company was established on August 23, 2007, and was listed on October 16, 2024 [1] Group 2 - Among the top ten circulating shareholders of Shangda Co., Ltd., Huaxia Fund's Huaxia CSI 1000 ETF (159845) has recently entered, holding 402,500 shares, which accounts for 0.54% of the circulating shares [2] - The Huaxia CSI 1000 ETF has a total scale of 38.227 billion yuan and has achieved a return of 24.6% this year, ranking 2108 out of 4218 in its category [2] - The fund manager of Huaxia CSI 1000 ETF is Zhao Zongting, who has been in the position for 8 years and 191 days, with the fund's total asset scale reaching 305.809 billion yuan [3]

Core Viewpoint - The company, Zhonghang Shanda High-Temperature Alloy Materials Co., Ltd., has shown fluctuations in stock performance and financial metrics, indicating potential investment opportunities and risks in the context of its market activities and financial health [1][2]. Financing and Trading Activity - On October 20, the stock price of Shanda increased by 0.30%, with a trading volume of 50.57 million yuan. The margin trading data indicated a financing buy of 3.68 million yuan and a repayment of 7.19 million yuan, resulting in a net financing outflow of 3.51 million yuan. The total margin balance reached 156 million yuan [1]. - The current financing balance of 156 million yuan accounts for 1.82% of the circulating market value [1]. - In terms of securities lending, on October 20, 9,800 shares were repaid while 600 shares were sold, amounting to a selling value of 18,300 yuan at the closing price. The remaining securities lending balance was 3.67 million yuan [1]. Financial Performance - For the first half of 2025, Shanda reported a revenue of 1.211 billion yuan, reflecting a year-on-year decrease of 6.48%. The net profit attributable to shareholders was 59.80 million yuan, down 34.67% compared to the previous year [2]. - Cumulatively, the company has distributed a total of 43.51 million yuan in dividends since its A-share listing [3]. Shareholder Structure - As of September 19, the number of shareholders for Shanda was 25,800, a decrease of 7.03% from the previous period. The average number of circulating shares per shareholder increased by 7.56% to 2,882 shares [2]. - Notable institutional holdings include the Guotai CSI Military Industry ETF, which is the second-largest shareholder with 850,700 shares, and several other ETFs that have recently entered the top ten shareholders list [3].

Core Insights - On October 13, 2023, Shangda Co., Ltd. saw a stock price increase of 1.67% with a trading volume of 86.44 million yuan [1] - The company reported a net financing purchase of 1.625 million yuan on the same day, with a total financing and securities balance of 143 million yuan [1][2] - For the first half of 2025, Shangda Co., Ltd. achieved a revenue of 1.211 billion yuan, a year-on-year decrease of 6.48%, and a net profit of 59.798 million yuan, down 34.67% year-on-year [2] Financing and Trading Activity - On October 13, 2023, the financing purchase amounted to 8.136 million yuan, while the financing balance was 143 million yuan, representing 5.71% of the circulating market value [1] - The company had no shares repaid in the securities lending market on the same day, with 100 shares sold, totaling 3,354 yuan [1] Shareholder and Institutional Holdings - As of September 19, 2023, the number of shareholders for Shangda Co., Ltd. was 25,800, a decrease of 7.03% from the previous period, while the average circulating shares per person increased by 7.56% to 2,882 shares [2] - As of June 30, 2025, several ETFs emerged as significant shareholders, including Guotai Zhongzheng Military Industry ETF and Southern Zhongzheng 1000 ETF, both of which were new entrants among the top ten shareholders [3]

Core Viewpoint - The company, Zhonghang Shanda High-Temperature Alloy Materials Co., Ltd., is experiencing a decline in revenue and net profit, with significant changes in shareholder structure and financing activities [1][2][3] Financing Activities - On September 17, the company had a financing buy-in amount of 6.11 million yuan and a financing repayment of 6.92 million yuan, resulting in a net financing buy-in of -0.81 million yuan [1] - As of September 17, the total financing and securities lending balance was 155 million yuan, accounting for 6.05% of the circulating market value [1] - The company had a securities lending sell-out of 4,200 shares on September 17, with a sell-out amount of 0.1445 million yuan [1] Financial Performance - For the first half of 2025, the company reported an operating income of 1.211 billion yuan, a year-on-year decrease of 6.48%, and a net profit attributable to shareholders of 59.798 million yuan, down 34.67% year-on-year [2] Shareholder Structure - As of August 20, the number of shareholders decreased to 27,800, with an average of 2,679 circulating shares per person, an increase of 0.72% [2] - The top ten circulating shareholders include several new entrants, such as Guotai Zhongzheng Military Industry ETF and Southern Zhongzheng 1000 ETF, indicating a shift in institutional holdings [3]