Beijing LeiKe Defense Technology Co., Ltd. (LKDF)
1. Trading performance on 30 December 2025
- Closing price: 12.55 CNY – the stock hit the daily limit up for a third consecutive day.
- Trading volume: 155 million shares, a turnover of 1.918 billion CNY.
- Price increase: 33.09 % cumulative rise over the three days of consecutive limit‑ups.
- Turnover rate: 12.01 % on the day, with a cumulative turnover of 63.07 % during the limit‑up period.
- Market capitalization: 16.528 billion CNY (total A‑share value); circulating market value 16.228 billion CNY.
2. Abnormal trading notice
On 30 December, the company announced that the daily closing‑price deviation over two trading days (29‑30 December) had exceeded 20 %. According to the Shenzhen Stock Exchange trading rules, this constitutes an “abnormal trading fluctuation.” The company confirmed that its recent production and operating conditions were normal and that no undisclosed material information had been released.
3. Institutional activity
- Net selling: Institutions net sold 1.16 billion CNY of LKDF shares on 30 December, ranking first among the 43 stocks that appeared on the “龙虎榜” that day.
- Comparison: Other top sellers included San‑Hua Zhi‑Kong (1.11 billion CNY) and Dian‑Guang Media (738 million CNY).
- Institutional buying: The top three net buyers that day were Tai‑Er Co., Hang‑Tian Development and Long‑Ji Mechanical, with buying amounts of 1.52 billion, 1.35 billion and 77 million CNY respectively.
4. Financing (两融) data
- Balance: As of 29 December, the two‑finance balance for LKDF stood at 9.82 billion CNY, of which 9.81 billion CNY were financing balances.
- Change: The balance decreased by 68.86 million CNY from the previous day (a 6.56 % drop) but had risen by 2.67 billion CNY over the preceding three days (a 37.37 % increase).
5. Sector context
- Commercial‑space theme: LKDF was one of several defense‑technology shares that lifted during the commercial‑space rally on 30 December, alongside companies such as China Satellite, Shen‑Jia Technology and Yao‑Gong Electronic.
- North‑Korean‑related: The company’s product portfolio—satellite navigation equipment, radar systems and related defense electronics—positions it within the broader “defense & aerospace” sector that was highlighted by recent policy announcements on commercial‑rocket listings.
6. Summary of key metrics
| Metric | Value |
|---|---|
| Closing price (30 Dec) | 12.55 CNY |
| Daily limit‑up count | 3 |
| Trading volume | 155 million shares |
| Turnover | 1.918 billion CNY |
| Cumulative price rise | 33.09 % |
| Institutional net sale | 1.16 billion CNY |
| Two‑finance balance | 9.82 billion CNY |
| Market cap | 16.528 billion CNY |
The above figures reflect the sharp upward momentum that LKDF experienced at the end of December 2025, the regulatory classification of the movement as “abnormal trading,” and the concurrent institutional selling pressure, all set against a backdrop of a buoyant commercial‑space sector.
