Group 1: Stock Market Activity - On the institutional trading leaderboard, 27 stocks were listed, with 15 seeing net purchases and 12 experiencing net sales [1] - The top three stocks with the highest net purchases by institutions were: Dawi Co., Ltd. (2.51 billion), Tengjing Technology (1.04 billion), and Xuanya International (1 billion) [1] Group 2: Semiconductor Industry - Dawi Co., Ltd. specializes in semiconductor storage, primarily offering NAND and DRAM storage products, with its subsidiary Dawi Chuangxin providing products applicable in data centers [1] Group 3: Aquaculture Industry - Guolian Aquatic Products is a leading company in the aquaculture and prepared food sector [1] - Zhongshui Fishery, under China Agricultural Development Group, focuses on deep-sea aquatic products, including prepared foods like tuna dumplings and tuna rings [1] - Recent news indicates that China has suspended imports of Japanese aquatic products due to political tensions, which may impact market dynamics [1] Group 4: Military Industry - A domestic company is a major producer of military microwave circuits and devices, involved in satellite development and ground station support, holding exclusive supply positions with core clients [2] - Jianglong Shipbuilding specializes in law enforcement vessels, leisure boats, and special operation vessels, and has qualified as a supplier for the People's Liberation Army, enabling it to produce and repair small surface combat vessels and auxiliary ships [2]

Group 1 - On November 19, a total of 28 stocks were involved with institutional investors, with 15 showing net buying and 13 showing net selling [1] - The top three stocks with the highest net buying by institutions were Dawi Co., Ltd. (3.13 billion), Tengjing Technology (1.04 billion), and Xuanyan International (622.1 million) [1][2] - The top three stocks with the highest net selling by institutions were Zhongdian Xinlong (1.46 billion), Guolian Aquatic Products (1.13 billion), and Geer Software (746.9 million) [1][3] Group 2 - Dawi Co., Ltd. experienced a price increase of 10.01% with a net buying amount of 312.95 million [2] - Tengjing Technology saw an 8.88% increase with a net buying amount of 103.54 million [2] - Xuanyan International had a slight increase of 0.14% with a net buying amount of 62.21 million [2] - Zhongdian Xinlong had a price increase of 3.96% but faced a net selling amount of 1.46 billion [3] - Guolian Aquatic Products increased by 20.09% but had a net selling amount of 1.13 billion [3] - Geer Software decreased by 3.12% with a net selling amount of 746.9 million [3]

腾景科技股份有限公司 股票交易异常波动公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 腾景科技股份有限公司（以下简称"公司"）股票交易连续三个交易日 内（2025年11月17日、2025年11月18日、2025年11月19日）收盘价格涨幅偏离值 累计达到30%，根据《上海证券交易所交易规则》《上海证券交易所科创板股票异 常交易实时监控细则》的有关规定，属于股票交易异常波动情形。公司股价短期 涨幅较大，敬请投资者注意二级市场股票交易风险。 经公司自查，并向公司控股股东及实际控制人发函查证，截至2025年11月 19日，公司、控股股东及实际控制人不存在影响公司股票交易异常波动的重大事 项，亦不存在其他应披露而未披露的重大信息。公司未发现前期披露的信息存在 需要更正、补充之处。 证券代码：688195 证券简称：腾景科技 公告编号：2025-058 公司特别提醒广大投资者，注意投资风险，理性决策，审慎投资。 一、股票交易异常波动的具体情况 公司股票交易连续3个交易日内（2025年11月17日、2025年11 ...

Core Viewpoint - Tengjing Technology announced that its stock trading experienced an abnormal fluctuation, with a cumulative closing price increase of 30% over three consecutive trading days from November 17 to November 19, 2025 [1] Summary by Relevant Sections - **Stock Trading Activity** - The company's stock price increased significantly, leading to a notification of abnormal trading conditions [1] - **Company Self-Examination** - Following the price surge, the company conducted a self-examination and communicated with its controlling shareholder and actual controller to verify the situation [1] - **Disclosure of Information** - As of November 19, 2025, the company confirmed that there were no significant matters affecting the abnormal stock trading fluctuations, nor were there any undisclosed major information [1]

Market Performance - The A-share market showed significant performance in heavyweight stocks, with the insurance sector rising notably, including China Life Insurance up by 2.93% and China Pacific Insurance up by 2.64% [1][12] - The banking sector also strengthened, with China Bank increasing by 2.77%, reaching a historical high during intraday trading [1][9] - Major oil companies saw gains, with China Petroleum up by 3.85% and China Sinopec up by 4.14% [1] Google Concept Stocks - Google concept stocks were active, with Tengjing Technology rising by 7.9%, hitting a historical high during intraday trading [1][7] - The interest in Google concept stocks was fueled by Berkshire Hathaway's report revealing a purchase of nearly 17.85 million shares of Google-A, valued at approximately $4.3 billion [6] - Google launched its AI model Gemini 3, which has shown leading performance in various industry benchmarks, enhancing its AI application product suite [6] Industry Insights - The banking sector has seen a resurgence since the fourth quarter, with state-owned banks leading the way to new highs, indicating ongoing accumulation by institutional investors [12][13] - The insurance sector is benefiting from rising capital market conditions, with listed insurance companies experiencing continuous growth in investment asset scale and an increasing proportion of equity investments [14] - The long-term outlook for the insurance sector is positive, with expectations of improved asset quality driven by stable long-term interest rates and capital market growth [14]

Core Insights - The A-share market has seen a strong performance in the photoresist sector, with several stocks experiencing significant gains [1] Group 1: Stock Performance - Saiwei Electronics (300456) increased by 14.01%, with a total market capitalization of 22.3 billion and a year-to-date increase of 77.59% [2] - Tengjing Technology (688195) rose by 11.15%, with a market cap of 19.5 billion and a remarkable year-to-date increase of 275.25% [2] - Guofeng New Materials (000859) saw a gain of 9.97%, with a market cap of 6.424 billion and a year-to-date increase of 41.70% [2] - Tongcheng New Materials (603650) increased by 7.06%, with a market cap of 25.3 billion and a year-to-date increase of 19.30% [2] - Dongfang Jiasheng (002889) rose by 6.37%, with a market cap of 6.118 billion and a year-to-date increase of 13.31% [2] - Nanda Optoelectronics (300346) increased by 4.32%, with a market cap of 26.9 billion and a year-to-date increase of 21.84% [2] - Xinlai Materials (300260) rose by 3.64%, with a market cap of 22.6 billion and a year-to-date increase of 105.07% [2] - Xingye Co., Ltd. (603928) increased by 3.32%, with a market cap of 4.162 billion and a year-to-date increase of 93.98% [2] - United Chemical (301209) rose by 3.26%, with a market cap of 13 billion and a year-to-date increase of 500.15% [2] - Jiaxian Co., Ltd. (920489) increased by 3.14%, with a market cap of 2.78 billion and a year-to-date increase of 25.17% [2]

公司发布的三季报数据显示，前三季度公司共实现营业收入4.25亿元，同比增长28.11%，实现净利润 6380.25万元，同比增长15.00%，基本每股收益为0.5000元，加权平均净资产收益率6.78%。（数据宝） 注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 证券时报•数据宝统计显示，腾景科技所属的电子行业，目前整体涨幅为0.37%，行业内，目前股价上涨 的有241只，涨幅居前的有赛微电子、腾景科技、电科芯片等，涨幅分别为9.72%、8.12%、7.14%。股 价下跌的有221只，跌幅居前的有福日电子、超颖电子、龙迅股份等，跌幅分别为4.32%、4.00%、 2.99%。 两融数据显示，该股最新（11月18日）两融余额为8.41亿元，其中，融资余额为8.41亿元，近10日增加 8255.17万元，环比增长10.89%。 （原标题：腾景科技涨8.12%，股价创历史新高） 腾景科技股价创出历史新高，截至9:39，该股上涨8.12%，股价报146.38元，成交量349.88万股，成交金 额4.94亿元，换手率2.70%，该股最新A股总市值达189.34亿元，该股A股流通市值189.34亿元。 ...

Group 1 - The core viewpoint of the news is that the A-share market for photoresist concept stocks has shown strong performance, with several companies experiencing significant stock price increases [1] Group 2 - Saiwei Electronics (300456) saw a stock price increase of 14.01%, with a total market capitalization of 22.3 billion and a year-to-date increase of 77.59% [2] - Tengjing Technology (688195) experienced an 11.15% rise, with a market cap of 19.5 billion and a year-to-date increase of 275.25% [2] - Guofeng New Materials (000859) increased by 9.97%, with a market cap of 6.424 billion and a year-to-date increase of 41.70% [2] - Tongcheng New Materials (603650) rose by 7.06%, with a market cap of 25.3 billion and a year-to-date increase of 19.30% [2] - Dongfang Jiasheng (002889) increased by 6.37%, with a market cap of 6.118 billion and a year-to-date increase of 13.31% [2] - Nanda Optoelectronics (300346) saw a 4.32% increase, with a market cap of 26.9 billion and a year-to-date increase of 21.84% [2] - New Lai Materials (300260) rose by 3.64%, with a market cap of 22.6 billion and a year-to-date increase of 105.07% [2] - Xingye Co., Ltd. (603928) increased by 3.32%, with a market cap of 4.162 billion and a year-to-date increase of 93.98% [2] - United Chemical (301209) saw a 3.26% increase, with a market cap of 13 billion and a year-to-date increase of 500.15% [2] - Jiaxian Co., Ltd. (920489) rose by 3.14%, with a market cap of 2.78 billion and a year-to-date increase of 25.17% [2] - The MACD golden cross signal formation indicates a positive trend for these stocks [1]

Group 1 - The core point of the article highlights that Tengjing Technology (688195) closed at 135.61 yuan on November 17, reaching the daily limit with a trading volume of 20.64 billion yuan and a turnover rate of 12.43% [2] - The stock was listed on the daily trading list due to a price increase of 15% at the close [2] - The top five trading departments accounted for a total transaction of 5.57 billion yuan, with a net purchase of 2.50 billion yuan [2][3] Group 2 - The main capital inflow for the stock was 1.96 billion yuan for the day [3] - Over the past six months, the stock has appeared on the trading list five times, with an average price drop of 0.21% the day after being listed and an average increase of 6.63% over the following five days [3] - The top buying department was the Shanghai-Hong Kong Stock Connect, with a purchase amount of 150.43 million yuan [3]

Market Overview - On November 17, the A-share major indices collectively declined, with the total market turnover at 1.93 trillion yuan, a decrease of 50.1 billion yuan compared to the previous trading day [1] - Market hotspots focused on lithium mining, military industry, and shipbuilding sectors, while the Fujian sector remained active, with weight-loss drugs, innovative drugs, and CROs leading the decline [1] Stock Performance - A total of 85 stocks hit the daily limit up, with 25 stocks achieving consecutive limit-ups, and 25 stocks failed to close at the limit, resulting in a limit-up rate of 77% (excluding ST and delisted stocks) [3] - Notable stocks included Pingtan Development with 14 consecutive limit-ups over 22 days, and Sanmu Group with 8 limit-ups over 11 days [3] Key Stocks and Their Metrics - Sanmu Group: Price at 8.75 yuan, up 10.06%, with a turnover rate of 45.14% and a transaction volume of 1.789 billion yuan [4] - Renmin Tongtai: Price at 16.64 yuan, up 49.98%, with a turnover rate of 13.24% and a transaction volume of 1.276 billion yuan [4] - Antai Group: Price at 6.89 yuan, up 10.06%, with a turnover rate of 41.06% and a transaction volume of 2.701 billion yuan [4] Institutional Trading - The top three net buying stocks on the Longhu list were Huasheng Tiancai, Tengjing Technology, and Xue Ren Group, with net purchases of 433 million yuan, 250 million yuan, and 248 million yuan respectively [5] - The top three net selling stocks were Shida Shenghua, Fulongma, and Zhongkuang Resources, with net sales of 375 million yuan, 136 million yuan, and 118 million yuan respectively [9] Sector Highlights - Lithium sector: The price of lithium hexafluorophosphate has surged over 200% in four months, reaching 150,000 yuan per ton, driven by increased storage demand and tight supply [21] - Snowman Group: Reported a revenue of 960 million yuan and a net profit of 26.89 million yuan for the first half of 2025, reflecting a year-on-year growth of 19.56% and 18.50% respectively [17] Company Developments - Huasheng Tiancai: The company is advancing its "AI + computing power" strategy and reported a revenue of 3.172 billion yuan for the first three quarters of 2025, a year-on-year increase of 6.54% [11] - Tengjing Technology: The company specializes in precision optical components and has secured significant orders, with expectations for continued high growth in revenue from high-end optical modules [14][15]