数据显示，广发基金旗下1只基金重仓中石科技。广发多元新兴股票（003745）三季度持有股数169.04 万股，占基金净值比例为3.01%，位居第四大重仓股。根据测算，今日浮亏损失约91.28万元。 广发多元新兴股票（003745）成立日期2017年4月24日，最新规模22.9亿。今年以来收益33.78%，同类 排名1487/4189；近一年收益30.58%，同类排名1507/4188；成立以来收益97.94%。 广发多元新兴股票（003745）基金经理为周智硕。 截至发稿，周智硕累计任职时间5年106天，现任基金资产总规模192.92亿元，任职期间最佳基金回报 47.06%， 任职期间最差基金回报-24.96%。 从基金十大重仓股角度 12月31日，中石科技跌1.07%，截至发稿，报50.15元/股，成交6033.12万元，换手率0.59%，总市值 150.20亿元。 资料显示，北京中石伟业科技股份有限公司位于北京市经济技术开发区东环中路3号，成立日期1997年4 月10日，上市日期2017年12月27日，公司主营业务涉及导热材料、EMI屏蔽材料、电源滤波器的研发、 设计、生产、销售与技术服务。主营业务收入构 ...

Investment Rating - The report maintains a "Buy" rating for the company with a target price of 50.66 CNY based on a 34x PE valuation for 2026 [4][7]. Core Insights - The company is expected to see a significant increase in net profit from 320 million CNY in 2025 to 583 million CNY in 2027, with a revised forecast reflecting an increase in gross margin [4][12]. - The acquisition of a 51% stake in a liquid cooling technology company is aimed at enhancing the company's data center business, which is becoming increasingly essential [11]. - The demand for thermal management solutions is expected to grow, particularly in AI-enabled devices, positioning the company to benefit from this trend [11]. Financial Forecasts - The company's projected revenues for 2025-2027 are 2.09 billion CNY, 2.94 billion CNY, and 3.96 billion CNY, respectively, with corresponding growth rates of 33.3%, 40.7%, and 34.7% [6][12]. - The gross margin is expected to improve from 31.0% in 2024 to 34.0% in 2025, before stabilizing at around 32.3% by 2027 [6][12]. - The net profit margin is projected to increase from 12.9% in 2024 to 15.3% in 2025, reflecting the company's operational efficiency [6][12]. Business Developments - The company is expanding its product offerings beyond graphite materials to include a comprehensive range of thermal management solutions, which are critical for various applications including smartphones and data centers [11]. - The company has established strong partnerships with leading clients in various sectors, including industrial, automotive, and medical, enhancing its market position [11].

Core Viewpoint - The company, Zhongshi Technology, confirmed its collaboration with major telecommunications equipment manufacturers, including ZTE, Ericsson, Nokia, Cisco, and Finisar, in the digital infrastructure sector [2]. Group 1 - The company provides key products in the digital infrastructure industry, such as thermal interface materials, heat pipes, uniform heat plates, thermal modules, EMI shielding materials, and environmental sealing materials [2]. - The company has a long-term service relationship with leading clients in the telecommunications sector [2].

Core Viewpoint - The company, Zhongshi Technology, emphasizes its long-term commitment to serving major clients in North America and other leading companies in the industry, focusing on high-performance and reliable product solutions [1] Group 1: Client Strategy - The company adheres to a major client market strategy, providing long-term services to top clients such as Samsung, Microsoft, Google, Amazon, and others [1] - The company actively participates in the cutting-edge research and development processes of its clients' new products [1] Group 2: Product Offerings - The main products offered by the company include high thermal conductivity graphite products, thermal interface materials, heat pipes, heat spreaders, thermal modules, EMI shielding materials, adhesive materials, and sealing materials [1]

Core Viewpoint - The company, Zhongshi Technology, emphasizes its long-term strategy of serving major clients in North America and other leading companies in the industry, focusing on high-performance and reliable product solutions [1] Group 1: Client Strategy - The company adheres to a major client market strategy, providing long-term services to top clients such as Samsung, Microsoft, Google, Amazon, and others [1] - The company actively participates in the cutting-edge research and development processes of its clients' new products [1] Group 2: Product Offerings - The main products offered by the company include high thermal conductivity graphite products, thermal interface materials, heat pipes, heat spreaders, thermal modules, EMI shielding materials, adhesive materials, and sealing materials [1]

Core Viewpoint - The company, Zhongshi Technology (300684.SZ), has stated that its EMI shielding materials have not yet been applied in the field of nuclear radiation prevention [1] Group 1 - The company is actively engaging with stakeholders through an interactive platform [1] - The current application scope of the company's EMI shielding materials does not include nuclear radiation prevention [1]

Core Points - Zhongshi Technology's stock increased by 5.2% to 42.87 CNY per share, with a trading volume of 484 million CNY and a turnover rate of 5.67%, resulting in a total market capitalization of 12.84 billion CNY [1] Company Overview - Beijing Zhongshi Weiye Technology Co., Ltd. was established on April 10, 1997, and listed on December 27, 2017. The company specializes in the research, design, production, sales, and technical services of thermal materials, EMI shielding materials, and power filters. The main business revenue composition is 98.05% from thermal materials and 1.95% from other supplementary products [1] Shareholder Insights - The fund "Xinda Australia Fund" has a position in Zhongshi Technology, with the "Xinao Craftsmanship Selected Two-Year Holding Period Mixed Fund" (010363) newly entering the top ten circulating shareholders, holding 846,900 shares, which is 0.41% of the circulating shares. The estimated floating profit today is approximately 1.7954 million CNY [2] - The "Xinao Craftsmanship Selected Two-Year Holding Period Mixed Fund" has a total scale of 1.738 billion CNY, with a year-to-date return of 26.59%, ranking 2822 out of 8130 in its category, and a one-year return of 35.93%, ranking 1872 out of 8054 [2] Fund Manager Performance - The fund manager of "Xinao Craftsmanship Selected Two-Year Holding Period Mixed Fund" is Zhu Ran, who has been in the position for 8 years and 23 days, managing assets totaling 5.066 billion CNY. The best fund return during his tenure is 342.67%, while the worst is -19.99% [3] Fund Holdings - The "Xinda Australia Fund" also holds Zhongshi Technology in its portfolio, with the "Xinao Intelligent Selection Pioneer One-Year Holding Period Mixed A Fund" (015440) holding 139,400 shares, accounting for 4.64% of the fund's net value. The estimated floating profit today is approximately 295,500 CNY [4] - The "Xinao Intelligent Selection Pioneer One-Year Holding Period Mixed A Fund" has a total scale of 102 million CNY, with a year-to-date return of 24.85%, ranking 3104 out of 8130 in its category, and a one-year return of 37.16%, ranking 1762 out of 8054 [4] Additional Fund Manager Information - The fund managers of "Xinao Intelligent Selection Pioneer One-Year Holding Period Mixed A Fund" are Guo Min and Zhu Ran. Guo Min has been in the position for 3 years and 304 days, managing assets totaling 13.7 million CNY, with the best return of 40.36% and the worst of -31.8%. Zhu Ran, as mentioned earlier, manages 5.066 billion CNY with significant returns [5]

Core Points - Zhongshi Technology's stock increased by 5.21%, reaching 41.61 CNY per share, with a trading volume of 383 million CNY and a turnover rate of 4.64%, resulting in a total market capitalization of 12.463 billion CNY [1] - The company, Beijing Zhongshi Weiye Technology Co., Ltd., specializes in the research, design, production, sales, and technical services of thermal materials, EMI shielding materials, and power filters, with thermal materials accounting for 98.05% of its main business revenue [1] Shareholder Analysis - According to data, one fund under GF Fund ranks among the top ten circulating shareholders of Zhongshi Technology. The GF Multi-Dimensional Emerging Stocks Fund (003745) increased its holdings by 579,900 shares in the third quarter, totaling 1.6904 million shares, which represents 0.83% of the circulating shares [2] - The fund has achieved a year-to-date return of 25.41%, ranking 1677 out of 4206 in its category, and a one-year return of 19.95%, ranking 2381 out of 3986 [2] - The fund manager, Zhou Zhishuo, has a total asset scale of 19.292 billion CNY, with the best fund return during his tenure being 47.06% and the worst being -24.96% [2] Fund Holdings - The GF Multi-Dimensional Emerging Stocks Fund (003745) holds 1.6904 million shares of Zhongshi Technology, accounting for 3.01% of the fund's net value, making it the fourth-largest holding [3] - The estimated floating profit from this position is approximately 3.4823 million CNY [3]

Company Overview - The company is a global leader in functional polymer materials and thermal management solutions, focusing on core materials and components to meet high-growth industry demands [2][3] - It emphasizes technology research and development, with a strong capacity for large-scale delivery of comprehensive reliability solutions for electronic devices [2][3] Product and Market Focus - Main products include high thermal conductivity graphite products, thermal interface materials, heat pipes, and EMI shielding materials, widely used in consumer electronics, digital infrastructure, smart transportation, and clean energy sectors [3] - The company has established production bases in Wuxi, Yixing, and Thailand, and R&D centers in Beijing, Shanghai, and the USA, catering to global clients [3] Financial Performance - In the first three quarters of 2025, the company achieved revenue of CNY 1.298 billion, a year-on-year increase of 18.45% [4] - Net profit attributable to shareholders reached CNY 252 million, up 90.59%, with a non-recurring net profit of CNY 236 million, reflecting a growth of 142.37% [4] Profitability and Efficiency - The gross profit margin for the first three quarters of 2025 was 33.92%, an increase of 3.16 percentage points year-on-year, driven by product structure optimization and increased core product sales [5] - The company is focusing on high-quality growth sectors and implementing lean production and process improvements to enhance efficiency [5] Capacity and Production - Current capacity utilization is high, with new production lines focusing on high thermal conductivity graphite products and thermal interface materials for emerging consumer electronics and digital infrastructure [6] - The company maintains a leading position in synthetic graphite materials within the consumer electronics sector, expanding applications from smartphones to tablets and laptops [7] Innovation and Development - The company has developed foldable flexible graphite components for foldable smartphones, achieving global patent certification [8] - It is accelerating the market application of VC modules in high-speed optical modules, having gained product certification from leading optical communication companies [9] New Business Ventures - Liquid cooling solutions for servers represent a significant new business direction, with ongoing investments in product development and customer acquisition [10] - The company has established an overseas production base in Thailand, which is operational and has completed certification for major clients [12] Future Growth Potential - The demand for thermal materials is expected to increase with the development of AI terminals, alongside new project launches and market share growth [12] - The company is actively pursuing new thermal solutions and core materials for computing equipment, aiming to create new growth curves in the optical module and server sectors [12]

Core Viewpoint - Zhongshi Technology experienced a decline of 5.17% on October 31, with a stock price of 46.81 yuan per share and a total market capitalization of 14.02 billion yuan [1] Group 1: Company Overview - Beijing Zhongshi Weiye Technology Co., Ltd. was established on April 10, 1997, and listed on December 27, 2017 [1] - The company specializes in the research, design, production, sales, and technical services of thermal conductive materials, EMI shielding materials, and power filters [1] - The main business revenue composition is 98.05% from thermal conductive materials and 1.95% from other supplementary products [1] Group 2: Shareholder Information - The fund "Xinda Australia Fund" has a position in Zhongshi Technology, with the "Xinao Craftsmanship Selected Two-Year Holding Period Mixed Fund" (010363) newly entering the top ten circulating shareholders, holding 846,900 shares, which is 0.41% of the circulating shares [2] - The estimated floating loss for this fund today is approximately 2.16 million yuan [2] - The fund was established on October 30, 2020, with a latest scale of 1.738 billion yuan, and has achieved a year-to-date return of 41.32% [2] Group 3: Fund Performance - The fund manager of "Xinao Craftsmanship Selected Two-Year Holding Period Mixed Fund" is Zhu Ran, who has a cumulative tenure of 7 years and 361 days, with a total fund asset size of 5.066 billion yuan [3] - The best fund return during Zhu Ran's tenure is 342.67%, while the worst return is -7.06% [3] Group 4: Top Holdings - The "Xinda Australia Fund" also holds a significant position in Zhongshi Technology through the "Xinao Intelligent Selection Pioneer One-Year Holding Period Mixed A Fund" (015440), which holds 139,400 shares, accounting for 4.64% of the fund's net value [4] - The estimated floating loss for this fund today is approximately 355,500 yuan [4] - This fund was established on June 14, 2022, with a latest scale of 102 million yuan, achieving a year-to-date return of 36.01% [4]