（原标题：彩客新能源(01986)：彩客科技前三季度归母净利润1.17亿元 同比增加36.94%） 智通财经APP讯，彩客新能源(01986)发布公告，本公司的非全资附属公司河北彩客新材料科技股份有限 公司(彩客科技)截至2025年9月30日止9个月取得营业收入4.04亿元，同比增加16.6%;归属于彩客科技股 东的净利润1.17亿元，同比增加36.94%。 ...

格隆汇11月25日丨彩客新能源(01986.HK)公布，截至2025年9月30日止九个月，公司附属彩客科技营业 收入为人民币4.04亿元，同比增长16.60%；归属于彩客科技股东的净利润为人民币1.17亿元，同比增长 36.94%。 ...

（股份代號：1986） 內幕消息 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 Tsaker New Energy Tech Co., Limited 彩客新能源科技有限公司 （於開曼群島註冊成立的有限公司） 總資產 634,906 544,327 歸屬於彩客科技股東的淨資產 556,486 438,363 | | 截至九月三十日止三個月 | | 截至九月三十日止九個月 | | | --- | --- | --- | --- | --- | | | 二零二五年 | 二零二四年 | 二零二五年 | 二零二四年 | | | （經審閱） | （未經審核） | （經審閱） | （未經審核） | | | 人民幣千元 | 人民幣千元 | 人民幣千元 | 人民幣千元 | | 營業收入 | 120,962 | 125,943 | 404,035 | 346,502 | | 歸屬於彩客科技股東 | | | | | | 的淨利潤 | 30,582 | 31,546 | ...

Summary of Key Points Core Viewpoint - A total of 36 companies conducted share buybacks on November 24, 2025, with Tencent Holdings (00700) leading in both the number of shares repurchased and the total amount spent on buybacks. Group 1: Buyback Details - Tencent Holdings (00700) repurchased 1.022 million shares for a total of 636 million yuan, representing 0.825% of its total share capital for the year [1][2]. - China COSCO Shipping (01919) repurchased 3 million shares for 40.35 million yuan, accounting for 1.604% of its total share capital [2]. - China International Marine Containers (02039) repurchased 4.8904 million shares for 35.9467 million yuan, which is 1.530% of its total share capital [2]. Group 2: Other Notable Buybacks - China Feihe (06186) repurchased 7.233 million shares for 29.9668 million yuan, representing 1.969% of its total share capital [2]. - Sinopec Limited (00386) repurchased 4.054 million shares for 17.7861 million yuan, which is 0.150% of its total share capital [2]. - Pacific Basin Shipping (02343) repurchased 5 million shares for 12.757 million yuan, accounting for 1.555% of its total share capital [2]. Group 3: Smaller Buybacks - MONGOL MINING (00975) repurchased 390,000 shares for 3.6551 million yuan, which is 0.124% of its total share capital [2]. - Miniso Group (09896) repurchased 866,800 shares for 31.938 million yuan, representing 0.372% of its total share capital [2]. - Weigao Group (01066) repurchased 40,000 shares for 211,600 yuan, accounting for 4.379% of its total share capital [3].

彩客新能源(01986)发布公告，于2025年11月24日斥资1.19万港元回购1.5万股股份。 ...

智通财经APP讯，彩客新能源(01986)发布公告，于2025年11月24日斥资1.19万港元回购1.5万股股份。 ...

格隆汇11月24日丨彩客新能源(01986.HK)公告，11月24日耗资1.2万港元回购1.5万股。 ...

翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 彩客新能源科技有限公司 (於開曼群島註冊成立的有限公司) 呈交日期： 2025年11月24日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 不適用 | | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 01986 | 說明 | 每股面值 0.01 美元普通股 | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | | | | 事件 ...

Group 1 - The company is a globally recognized manufacturer of dye and agricultural chemical intermediates, pigment intermediates, new materials, and battery materials, with a history dating back to 1986 and a workforce of 2,000 employees [1] - The company has maintained a revenue compound annual growth rate (CAGR) of 10% from 2015 to 2024, with a shift in revenue structure where the share of dye and agricultural chemical intermediates has decreased while the share of pigment intermediates, new materials, and battery materials has increased [1] - The company is positioned as a leading domestic enterprise in iron phosphate battery materials and is steadily ramping up production and sales of its new product BPDA [1] Group 2 - In 2023, the company's net profit attributable to shareholders decreased by 88% year-on-year due to global economic factors, but it is projected to turn positive again in the first half of 2025 [2] - The company's net profits from 2020 to the first half of 2025 are recorded as 1.45, 2.26, 2.42, 0.29, -0.21, and 0.09 million yuan respectively, indicating a recovery strategy focusing on traditional industries and expanding new materials [2] - The company is actively adjusting its business strategy to strengthen its market position in traditional industries while increasing research and development efforts to stabilize market share and gradually restore profitability [2]

Investment Rating - The report assigns a "Buy" rating for the company, with a target price of HKD 1.21 based on a projected PE of 11 times for 2026 [44]. Core Insights - Tsaker New Energy Tech is a globally recognized manufacturer of dye/pigment intermediates and battery materials, with a focus on iron phosphate as a new opportunity [1][28]. - The company has shown a compound annual growth rate (CAGR) of 10% in revenue from 2015 to 2024, with a shift in revenue structure towards pigment intermediates and battery materials [7][12]. - The company is the leading domestic producer of iron phosphate, with a production capacity of 100,000 tons per year [35]. Summary by Sections Company Overview - Tsaker New Energy Tech has a history dating back to 1986, employing around 2,000 staff, with headquarters in Beijing and production bases in Hebei and Shandong [3][4]. - The company operates in three main segments: dye and agricultural chemical intermediates, pigment intermediates and new materials, and battery materials [4][28]. Financial Performance - The company experienced a significant decline in net profit in 2023, with a year-on-year decrease of 88%, but returned to profitability in the first half of 2025 [12][44]. - Revenue from the pigment intermediates and new materials segment increased by approximately 28.2% to around CNY 283 million in the first half of 2025 [21]. Product Development - The company is expanding its product offerings, with new products like BPDA entering mass production, contributing positively to overall profitability [21][35]. - The pigment intermediates segment includes products such as DMSS, DATA, and DMAS, which are used in high-performance organic pigments and food colorants [18][20]. Market Position - The company has established long-term partnerships with well-known enterprises in the pigment and food additive industries, enhancing its market position [25][26]. - The organic pigment market in China has seen an increase in concentration, with the CR3 rising from 30% to 35% and CR5 from 38% to 48% [21]. Future Outlook - The company is expected to see a recovery in net profit, with projections of CNY 0.28 million, CNY 0.93 million, and CNY 1.30 million for 2025 to 2027 [44]. - The report highlights the potential for growth in the battery materials segment, particularly in iron phosphate, as the demand for lithium batteries continues to rise [35][38].