Group 1: Company Developments - XianDao Intelligent has achieved mass production and bulk delivery of its 0BB stringer machine, which is a core incremental device for p-type HJT solar cells, with a maximum capacity of 11,000 half-cells per hour [1] - LimX Dynamics has completed a $200 million Series B financing round, with investors including UAE's Leishi Capital and JD.com, among others [3] - WoFei ChangKong announced the completion of nearly 1 billion RMB in a new financing round, aimed at finalizing certification for its AE200 series and establishing a global headquarters [4] - DeepMind has secured $60 million in a new financing round, with funds primarily allocated for upgrading its core technology system [5] - SDIC has made significant technological breakthroughs in its core high-end products, including OCA optical adhesive and MLCC release film, entering a stable mass supply phase [6] Group 2: Industry Trends - The penetration rate of new energy heavy trucks in China has surpassed 50%, with a total sales volume of 231,100 units projected for 2025, marking a 182% year-on-year increase [7] - China's shipbuilding industry is expected to lead globally in three major indicators by 2025, with a completion volume of 53.69 million deadweight tons, accounting for 56.1% of the global market [8]

Core Viewpoint - The company, Stik (300806), is focused on the research, production, and sales of functional coating composite materials, aiming to serve diverse downstream application fields through technological innovation and product upgrades [1] Group 1 - The company emphasizes strict adherence to information disclosure laws and regulations, committing to timely announcements in designated media for any significant operational matters that meet disclosure standards [1]

Core Viewpoint - The company aims to become a globally competitive materials research and manufacturing enterprise driven by technological innovation, focusing on functional materials and continuously upgrading its product structure [1] Group 1 - The company is committed to focusing on the new materials core business [1] - The company emphasizes the importance of technological innovation in its strategy [1] - The company is actively engaging with investors through interactive platforms [1]

Core Viewpoint - The company has achieved key technological breakthroughs in high-end OCA optical adhesive and MLCC release film products, enabling it to compete with leading international products and successfully replace imports [2]. Group 1: Product Development - The company’s core high-end products, including OCA optical adhesive and MLCC release film, have entered a stable mass production phase [2]. - The performance of these products has reached international mainstream levels, allowing for competition in high-end application fields [2]. Group 2: Market Strategy - The company aims to continuously optimize product performance and deepen customer cooperation to further expand market share [2]. - The focus is on consolidating the leading position of domestic high-end materials in the market [2].

Market Overview - The A-share market indices all closed lower during the week from January 26 to January 30, with the Shanghai Composite Index down by 0.44%, the Shenzhen Component down by 1.62%, and the ChiNext Index down by 0.09% [1] - The average daily trading volume in the Shanghai and Shenzhen markets reached 30,348 billion yuan, showing an increase compared to the previous week, indicating a high level of market activity [4] Index Performance - The Shanghai 50 index showed relative strength with a weekly increase of 1.13%, while the CSI 300 index had a slight gain of 0.08%. In contrast, the North Star 50 and Sci-Tech 50 indices experienced notable declines of 3.59% and 2.85%, respectively [2][3] - For the month, the Sci-Tech 50 index led with a cumulative increase of 12.29%, followed by the North Star 50 and Shenzhen Component indices with increases of 6.33% and 5.03% [2] Sector Performance - The leading sectors for the week included genetically modified organisms, soybeans, combustible ice, corn, and gold concepts, with cumulative increases of 9.01%, 6.47%, 6.04%, 5.92%, and 5.87%, respectively [6][7] - Conversely, the sectors with the largest declines included military information technology, reducers, DRG/DIP, military-civilian integration, and commercial aerospace, with cumulative declines of 7.4%, 7.35%, 7.1%, 6.75%, and 6.75% [8] Individual Stock Highlights - The top five performing stocks for the week were Tongyuan Petroleum, Hunan Gold, Sidik, China Gold, and Xiaocheng Technology, with cumulative increases of 63.04%, 61.08%, 60.03%, 59.22%, and 53.13%, respectively [9][10] - The stocks with the largest declines included Huawai Design, *ST Yunchuang, Guosheng Technology, Tiangong Co., and Zhenstone Co., with cumulative declines of 33.91%, 30.87%, 30.70%, 28.94%, and 27.73% [14][15] Company Business Focus - Tongyuan Petroleum provides comprehensive oilfield services including enhanced oil recovery, drilling and completion technology services, and integrated project services [11] - Hunan Gold is engaged in the mining and processing of gold, antimony, tungsten, and other non-ferrous metals, as well as the import and export of related products [12] - Sidik specializes in precision coating materials and technical solutions [13]

Market Overview - The market experienced high-level consolidation last week, with the Shanghai Composite Index down 1.73%, Shenzhen Component Index down 3.57%, ChiNext Index down 2.80%, and the STAR Market 50 Index down 5.69% [1] Top Performing Stocks - The top ten performing stocks of the week include C Hengyun Chang, C Zhenshi, Tongyuan Petroleum, Hunan Gold, Sidik, China Gold, Xiaocheng Technology, Tiandi Online, *ST Lifang, and Wangsu Technology [1][2] C Hengyun Chang - C Hengyun Chang, a leading supplier of core components for semiconductor equipment and RF power, saw its stock price surge by 352.75% due to technological breakthroughs and the dual push of its listing process [2][3] C Zhenshi - C Zhenshi, a global leader in wind turbine blade materials, experienced a stock price increase of 93.92%, benefiting from the recovery of the wind power industry and its status as the highest fundraising new stock this year [2][3] Tongyuan Petroleum - Tongyuan Petroleum's stock rose by 63.04%, driven by external geopolitical conflicts and the International Energy Agency's upward revision of demand forecasts, enhancing the overall attractiveness of the oil and gas service sector [2][3] Hunan Gold - Hunan Gold's stock increased by 61.08%, supported by significant asset restructuring progress and performance forecasts, attracting investor interest due to its improved fundamentals [2][3] Sidik - Sidik's stock price rose by 60.03%, attributed to breakthroughs in functional coating composite materials and business expansion, including partnerships with Huawei in the magnetic storage field [2][4] China Gold - China Gold's stock increased by 59.22%, influenced by heightened market attention on international gold prices and the company's metal production planning, resonating with market sentiment [2][3] Xiaocheng Technology - Xiaocheng Technology's stock rose by 53.13%, closely linked to the surge in international gold prices and its business structure, with over 86% of its revenue from gold-related activities [2][3] Tiandi Online - Tiandi Online's stock increased by 51.23%, primarily driven by its acquisition of Jiato Group and its focus on AI marketing and virtual digital human sectors [2][4] *ST Lifang - *ST Lifang's stock rose by 47.33%, influenced by expectations of debt restructuring and speculative trading, as the company faces delisting risks due to previous debt issues [2][5] Wangsu Technology - Wangsu Technology's stock increased by 44.25%, benefiting from the surge in AI computing demand and anticipated price increases in cloud services, transitioning from traditional CDN to emerging businesses [2][5]

Group 1 - The plastic sector experienced a decline of 2.0% on January 29, with Ping An Electric leading the drop [1] - The Shanghai Composite Index closed at 4157.98, up 0.16%, while the Shenzhen Component Index closed at 14300.08, down 0.3% [1] - Notable gainers in the plastic sector included Wanlangwei Plastic, which rose by 7.52% to a closing price of 45.20, and SDIC, which increased by 6.72% to 52.38 [1] Group 2 - The main funds in the plastic sector saw a net outflow of 401 million yuan, while retail investors had a net inflow of 500 million yuan [2] - Key stocks with significant fund flows included Shenjian Co., which had a net inflow of 24.3 million yuan from main funds, and SDIC, which saw a net outflow of 62.86 million yuan from speculative funds [3] - The overall trading volume for the plastic sector was substantial, with SDIC recording a trading volume of 476,200 shares and a transaction value of 2.494 billion yuan [1][2]

Investment Rating - The report maintains an "Outperform" rating for the new materials industry [1][8]. Core Insights - The new materials sector outperformed the CSI 300 index in January 2026, with the new materials index rising by 10.54%, surpassing the CSI 300's increase of 1.90% by 8.64 percentage points [8][12]. - Basic metal prices saw a general increase in January 2026, with notable price changes including copper (1.23%), aluminum (2.79%), zinc (4.74%), and tin (34.93%) [8][37]. - Global semiconductor sales continued to grow, with November 2025 figures showing a 29.8% year-on-year increase, marking the 25th consecutive month of growth [8][42]. - The new materials sector is expected to benefit from the ongoing recovery in downstream demand and the push for domestic alternatives, indicating a potential growth cycle ahead [8][21]. Summary by Sections Industry Performance Review - The new materials index showed strong performance in January 2026, ranking 7th among 30 major industry sectors [12][16]. - A total of 170 stocks in the new materials sector were analyzed, with 141 stocks rising and 25 falling in January [17][20]. - The sector's valuation increased, with the new materials index PE (TTM) at 31.72, reflecting a 4.21% month-on-month increase [21][24]. Important Industry Data Tracking - In December 2025, the Consumer Price Index (CPI) rose by 0.2% month-on-month, while the Producer Price Index (PPI) increased by 0.2% [30][31]. - Basic metal prices and inventory changes were tracked, showing significant fluctuations in January 2026 [37][40]. - The export volume of superhard materials increased by 3.39% in December 2025, although the export value saw a slight decline [50][50]. Industry Dynamics - The establishment of the humanoid robot standard committee in Beijing and the introduction of the first group standard for functional diamonds highlight ongoing developments in the new materials sector [2]. - The implementation of the action plan for upgrading the non-ferrous metal industry in Henan province indicates regional efforts to enhance industry standards [2].

Group 1 - The core stock price of Sdiq increased by 5.88%, reaching 44.15 CNY per share, with a trading volume of 218 million CNY and a turnover rate of 1.60%, resulting in a total market capitalization of 20.013 billion CNY [1] - Sdiq is located in Taicang City, Jiangsu Province, and was established on June 21, 2006, with its IPO on November 25, 2019. The company specializes in the research, production, and sales of functional film materials, electronic-grade adhesive materials, thermal management composite materials, and film packaging materials [1] - The main business revenue composition includes electronic-grade adhesive materials (52.07%), film packaging materials (16.77%), functional film materials (15.93%), polymer film materials (7.62%), others (6.03%), and thermal management composite materials (1.57%) [1] Group 2 - According to data from the top ten heavy stocks of funds, one fund under Ping An Asset Management holds a significant position in Sdiq. The Ping An Technology Select Mixed Fund A (026210) held 74,200 shares in the fourth quarter, accounting for 5.11% of the fund's net value, ranking as the fifth-largest heavy stock [2] - The Ping An Technology Select Mixed Fund A (026210) was established on December 12, 2025, with a latest scale of 41.7762 million CNY. The fund has achieved a year-to-date return of 2.44%, ranking 6372 out of 8861 in its category, and a cumulative return of 4.24% since inception [2] Group 3 - The fund manager of Ping An Technology Select Mixed Fund A (026210) is Yu Yao, who has been in the position for 4 years and 86 days. The total asset scale of the fund is 2.204 billion CNY, with the best fund return during the tenure being 40.8% and the worst being -20.06% [3]

Group 1 - The core point of the article is that Stik announced a significant stock price fluctuation, with a cumulative increase of 37.60% over two consecutive trading days, which is classified as an abnormal trading situation according to Shenzhen Stock Exchange regulations [2] - The company's board confirmed that there are no undisclosed matters that should be reported according to the relevant regulations of the Shenzhen Stock Exchange [2] - The board also stated that they are not aware of any information that should be disclosed that could significantly impact the trading price of the company's stock and its derivatives [2]