The A-share market concluded 2025 with significant gains, as the Shanghai Composite Index rose by 18.41% and the ChiNext Index surged by 49.57%, marking it as the standout performer. The Shenzhen Component Index also saw a robust increase of 29.87%. This marks the second consecutive year of gains for the three major indices. Sector rotation was active, with computing hardware, non-ferrous metals, banking, and robotics among the top performers. The market experienced high trading activity, with daily turnovers frequently surpassing one trillion yuan. The total turnover for the Shanghai and Shenzhen stock exchanges exceeded 400 trillion yuan, a 60% year-on-year increase, setting a new record. Notably, Shangwei New Materials, Tianpu Shares, and N Hengdongguang were the top individual stock gainers, with annual increases of 1821.41%, 1662.49%, and 878.16%, respectively.