Core Points - Zhengfan Technology's stock price has declined by 3.41% on November 3, reaching 31.73 CNY per share, with a trading volume of 689 million CNY and a turnover rate of 7.40%. The total market capitalization is 9.294 billion CNY. The stock has experienced a continuous decline for four days, with a cumulative drop of 20.24% during this period [1] Company Overview - Zhengfan Technology Co., Ltd. is located at 55, Chunyong Road, Minhang District, Shanghai, and was established on October 10, 2009. The company went public on August 20, 2020. Its main business includes the design, production, installation, and supporting services of gas chemical supply systems; production and sales of high-purity specialty gases; and design and construction of cleanroom supporting systems [1] - The revenue composition of Zhengfan Technology is as follows: electronic process equipment 63.06%, core components 12.82%, gases and advanced materials 9.92%, MRO business 8.24%, biopharmaceutical equipment 5.91%, and other businesses 0.03% [1] Shareholder Information - Among the top ten circulating shareholders of Zhengfan Technology, a fund under Dongfang Fund holds a significant position. The Dongfang Artificial Intelligence Theme Mixed A Fund (005844) increased its holdings by 65,700 shares in the third quarter, totaling 9.2138 million shares, which accounts for 3.15% of the circulating shares. The estimated floating loss today is approximately 10.3195 million CNY, with a total floating loss of 74.1714 million CNY during the four-day decline [2] - The Dongfang Artificial Intelligence Theme Mixed A Fund was established on June 7, 2018, with a current scale of 602 million CNY. Year-to-date returns are 42.79%, ranking 1579 out of 8223 in its category; the one-year return is 41.74%, ranking 1516 out of 8115; and since inception, the return is 47.17% [2] - The fund manager of Dongfang Artificial Intelligence Theme Mixed A is Yan Kai, who has been in the position for 5 years and 189 days. The total asset scale under his management is 6.509 billion CNY, with the best fund return during his tenure being 57.63% and the worst being -15.44% [2]

Group 1 - The core point of the news is that Zhengfan Technology's stock price has dropped by 5.05%, currently trading at 46.28 CNY per share, with a total market capitalization of 13.557 billion CNY [1] - Zhengfan Technology, established on October 10, 2009, specializes in the design, production, installation, and supporting services of gas chemical supply systems, as well as the production and sales of high-purity specialty gases [1] - The company's main business revenue composition includes: electronic process equipment 63.06%, core components 12.82%, gases 9.92%, MRO business 8.24%, biopharmaceutical equipment 5.91%, and other businesses 0.05% [1] Group 2 - According to data, Guotou Ruijin Fund holds a significant position in Zhengfan Technology, with the Guotou Ruijin SSE Sci-Tech Innovation Board 200 Index Fund A (023518) holding 48,500 shares, accounting for 0.98% of the fund's net value [2] - The fund has experienced an estimated floating loss of approximately 119,300 CNY today [2] - The fund was established on March 18, 2025, with a current scale of 70.0747 million CNY and has achieved a return of 32.81% since inception [2] Group 3 - The fund manager Zhao Jian has a tenure of 12 years and 22 days, with a total asset scale of 3.848 billion CNY, achieving the best fund return of 172.91% during his tenure [3] - The other fund manager, Qian Han, has a tenure of 2 years and 62 days, managing assets of 936 million CNY, with the best fund return of 37.85% during his tenure [3]