Over the past week (December 8–12), the three major A-share indices showed mixed performance. As of December 12, the Shanghai Composite Index closed at 3,889.35 points, down 0.34% for the week, while the Shenzhen Component Index rose 0.84% to 13,258.33 points, and the ChiNext Index gained 2.74% to 3,194.36 points. The Beijing Stock Exchange 50 Index also climbed 2.79% during the week.
Among individual stocks, over 32% posted weekly gains, with 122 stocks surging more than 15% and 31 declining over 15%. By sector, communications, defense, electronics, and machinery equipment led the gains, while traditional industries like coal, petrochemicals, steel, and real estate lagged.
Standout performers included **Tianli Composite (920576.BJ)**, which soared over 117% in a week with two consecutive 30% limit-up sessions, making it the top gainer. **Zaisheng Technology (603601.SH)** rose over 61% with five straight limit-ups, while **Bona Film (001330.SZ)** and **Dapeng Industrial (920091.BJ)** each gained more than 51%. Other strong performers, such as **Dongbai Group (600693.SH)**, **Meyer Holdings (300751.SZ)**, and **Fuxin Technology (688662.SH)**, advanced over 40%.
**Tianli Composite**, listed on the Beijing Stock Exchange in 2023, is tied to nuclear fusion and commercial aerospace themes. The company is a leader in layered metal composites in China, producing over 50 types, including titanium-steel and aluminum-steel composites. Its products are certified by major domestic manufacturers like CGN and CNNC, as well as global firms like BP and GE, serving industries such as fine chemicals, metallurgy, nuclear energy, and aerospace.
**Nuclear Fusion Catalyst**: On November 24, the Chinese Academy of Sciences launched the "Burning Plasma" international project in Hefei, alongside the global release of the BEST fusion energy initiative. Tianli disclosed its participation in a related project with the Hefei Institute of Physical Science, supplying materials for a fusion device’s first wall, signaling its capability for mass production in this niche.
Industry reports suggest commercial fusion power could be grid-connected by 2040, with the global market potentially reaching $496.55 billion by 2030 and exceeding $1 trillion by 2050.
**Commercial Aerospace**: The company noted in its interim report that its layered composites are critical for satellite propulsion systems. It also contributed to drafting national military standards for aerospace materials and has been involved in multiple space projects.
Driven by these themes, Tianli’s stock surged over 117% in five sessions, including two consecutive 30% limit-ups on December 11–12. Following the rally, the company issued a volatility warning, clarifying no undisclosed material events.
Despite the recent uptick, Tianli’s nine-month earnings fell nearly 50% due to weakened demand in downstream sectors. However, Q3 revenue rebounded 56.03% YoY to RMB 146 million, with net profit up 47.39% to RMB 7.39 million, and adjusted net profit soaring 208.96% to RMB 5.39 million.
(Disclaimer: This content is for reference only and does not constitute investment advice. Investors assume all risks.)
Comments