Dragon and Tiger List | Aggressively gobbling up Chao Holdings with 631 million—two major speculative funds join forces to snap up Xineng Taishan

On April 2nd, the three major indices of the A-shares market all declined collectively, with the total market turnover reaching 1.86 trillion yuan, a decrease of 167 billion yuan compared to the previous trading day. In terms of sectors, oil and gas, pharmaceutical commerce, and pork concepts performed strongly; precious metals, computing power concepts, and film and television theaters declined.

Regarding high-position stocks, Zhongli Group (rights protection) hit 6 limit-ups in 10 days, Neng Tai Shan achieved 6 limit-ups in 8 days, JinYao Pharmaceutical had 5 consecutive limit-ups, Shuanglu Pharmaceutical reached 4 limit-ups in 7 days, Dadongnan had 4 limit-ups in 6 days, and Tongda Shares (rights protection), Xinzhonggang, and Xinghui Environmental Materials each had 3 consecutive limit-ups.

Now, let’s look at today’s龙虎榜 (Top Traders List) situation:

The top three net buy amounts on the龙虎榜 for the day are Zhongchao Holdings, Neng Tai Shan, and Dadongnan, at 631 million yuan, 384 million yuan, and 320 million yuan respectively.

The top three net sell amounts are Shenjian Shares, Aoruid, and Hongfa Shares, at 310 million yuan, 280 million yuan, and 268 million yuan respectively.

Among stocks involving institutional dedicated seats on the龙虎榜, the top three net buy amounts for the day are Tongda Shares, Tibet Mining, and Linuo Pharmaceutical Packaging, at 139 million yuan, 74.4358 million yuan, and 18.6k yuan respectively.

The top three net sell amounts involving institutional dedicated seats are Tongyuan Petroleum, Kangzhi Pharmaceutical, and Rundu Shares, at 140 million yuan, 87.7411 million yuan, and 51.15M yuan respectively.

Some thematic stocks on the list:

Zhongchao Holdings (Commercial Aerospace + High-Temperature Alloys + Power Grid Equipment)

1. According to the March 25, 2026, interactive platform, the holding subsidiary Jiangsu Jingzhu has supplied high-temperature alloy precision castings for rocket engines to main engine manufacturers such as China Aerospace Science and Industry Corporation and China Aviation Development, with ongoing orders in the commercial aerospace sector.

2. According to the announcement on March 4, 2026, the company plans to invest 992 million yuan in a project for manufacturing high-end components for aerospace engines and gas turbines. Once completed, the capacity for high-temperature alloy precision castings will double, supporting the expansion of its second main business.

Hongfa Shares (Performance slowdown + Decline in gross profit margin + Capital outflow)

1. According to the annual report disclosed on April 2, 2026, the net profit attributable to the parent company in 2025 was 66.15M yuan, an increase of only 7.76% year-on-year. The gross profit margin of core relays decreased to 35.66%, down 2.33 percentage points year-on-year.

2. As of 9:33 AM on April 2, 2026, the company’s main funds had net outflows of 24.7223 million yuan, indicating a short-term capital outflow.

Key traded stocks:

Tongda Shares: Today’s limit-up, with a turnover rate of 46.58% and a total transaction volume of 1.76B yuan. Institutional net buy of 139 million yuan; total net sell by business departments was 2.3508 million yuan.

Tibet Mining: Today’s limit-up, with a turnover rate of 12.42% and a transaction volume of 2.71B yuan. Institutional net buy of 74.3058 million yuan; Shenzhen Stock Connect net sell of 52.7788 million yuan; business department net buy of 90.4217 million yuan.

Linuo Pharmaceutical Packaging: Up 15.35% today, turnover rate of 22.92%, with a transaction volume of 1.98B yuan. Institutional net buy of 1.43B yuan; business department net sell of 2.905 million yuan.

Neng Tai Shan: Today’s limit-up, with a turnover rate of 20.52%, and a transaction volume of 51.15M yuan. Business department net buy of 384 million yuan.

Tongyuan Petroleum: Up 6.29% today, turnover rate of 33.55%, with a transaction volume of 2.91M yuan. Institutional net sell of 140 million yuan.

Kangzhi Pharmaceutical: Up 16.06%, turnover rate of 27.84%, with a transaction volume of 1.37B yuan. Institutional net sell of 87.7411 million yuan; business department net buy of 744,360 yuan.

Rundu Shares: Up 0.64%, turnover rate of 22.71%, with a transaction volume of 1.15B yuan. Institutional net sell of 7.44M yuan; business department net buy of 35.6665 million yuan.

On the龙虎榜, five stocks involved Shanghai-Hong Kong Stock Connect dedicated seats, with Hongfa Shares’ Shanghai-Hong Kong Stock Connect seat having the largest net sell of 164 million yuan.

Eight stocks involved Shenzhen-Hong Kong Stock Connect dedicated seats, with Shenjian Shares’ Shenzhen-Hong Kong Stock Connect seat having the largest net sell of 297 million yuan.

Trading activity of retail funds:

T Wang: Net buy of 97.46 million yuan in Aoruid, 45.37 million yuan in China Power Energy; net sell of 69.78 million yuan in Minohua (rights protection), 60.97 million yuan in Zhongli Group.

Foshan Group: Net buy of 235.9 million yuan in Neng Tai Shan.

Chengdu Group: Net buy of 107.3 million yuan in Neng Tai Shan.

Ningbo Sandian Road: Net buy of 119.1 million yuan in Dadongnan; net sell of 75.26 million yuan in China Power Energy.

Zhang Mengzhu: Net buy of 73.08 million yuan in Zhongli Group, 56.32 million yuan in Minohua; net sell of 42.50 million yuan in Electric Light Technology (rights protection).

Wenzhou Group: Net buy of 47.14 million yuan in Tibet Mining.

Hangzhou Group: Net buy of 66.86 million yuan in Minohua.

Shandong Group: Net sell of 42.81 million yuan in Mingpu Optics.