Economic Observation Network After hitting the technical pressure level, the stock price of Tongyu New Materials experienced a correction, and the company is facing operational risks such as a decline in profit indicators and high customer concentration.

Stock price and fund performance
On the previous trading day (April 13th), the stock price rose 2.94% to 244.99 yuan, close to the pressure level of 248.99 yuan, and there is a demand for technical correction After the opening on April 14th, the stock price surged to 247.99 yuan but failed to break through the pressure level, causing profit taking to concentrate and flee.

Performance and business situation
The company's net profit for the first three quarters of 2025 was 103 million yuan, a year-on-year decrease of 6.62%; The net profit growth rate TTM is -17.3%, lower than the industry average. Although revenue increased by 19.98% in the first half of 2025, net profit decreased by 11.81%, presenting a situation of "increasing income without increasing profits" ?

Operating Status
The top five customers have a long-term revenue share of over 70%, and the intensified competition in the downstream copper-clad laminate industry may affect bargaining power ?

The above content is based on publicly available information and does not constitute investment advice.