20240907-西南证券-北交所周报_天工股份上市暂缓_瑞华技术即将发行_15页_2mb

North Stock Exchange Weekly Update (Week 92-96)

Market Performance this week showed a week of significant volatility and liquidity decline.
The Beijing Stock Exchange 50 Index dropped by 54% , lagging behind other major indices like the
Shenzhen Component Index and Shanghai Composite Index by approximately 27 percentage points.
Average weekly trading volume reached CNY 11.8 billion , a slight decrease from the previous week, indicating
a downward trend in liquidity.

Industry and Company Analysis:
The structure of different industrial sectors within the North Stock Exchange was reflected with varying
performance levels across stocks. Among all stocks tracked in this week's report, Cube supports (833030BJ)
showed strong growth of 165% this week while Jingsa Technology (871981BJ) experienced a sharp decline
of -181%—among other large moves. In the industry,
Construction Decoration was the top performer while Communication Technology
faced challenges. High-growth sectors are noted in defense and other industries which together increased
investment demand, reflecting the potential long-term growth prospects of companies within this exchange.

Administrative Updates:
At this week's Capital Raising Committee meeting involving upward market expressions,
the application from Tian Gong Material was paused.
When looking ahead to the next week, anticipates one company, Ruihua Technology (920099BJ),
to update its capital raise announcement. Ruihua Tech operates as a defense industry player specializing in
"R&c products and military tech support".

Market Strength and Future Outlook:

This report reflects the volatile, yet resilient, nature of the North Stock Exchange.
Despite a dip in indices, individual stock performances were active and indicate market determinism.
The primary mission of the Beijng Stock Exchange is to underwrite innovative small and medium-sized
enterprises. In this context, advancements in rules and increasing listings suggest a strengthening market.

Given the potential volatility in the current environment,
an investment strategy that includes careful research on high-growth sectors, potential diversification,
and regular monitoring of regulatory changes remains prudent.