Core Viewpoint - The launch of Huawei's Mate 80 series has generated significant market excitement, with a starting price of 4699 yuan, which is 800 yuan lower than the previous generation, and over 2 million pre-orders within 6 days [1] Group 1: Product Launch and Market Response - The Mate 80 series is expected to have a total inventory of around 11 million units, significantly higher than other flagship models from competing brands [1] - The introduction of the "Pro Max" model features a collaboration between Huawei and AAC Technologies, utilizing high-strength new materials and innovative structural designs to address the long-standing issue of "metal shielding signals" [1] Group 2: Supply Chain and Component Insights - AAC Technologies (瑞声科技) is identified as a core supplier for the Mate 80 series, providing various components such as speakers, lenses, structural parts, motors, and microphones, with many being sole suppliers [1] - The optical products from AAC Technologies' subsidiary, Chensui Optics, have a high participation rate, covering components like the front ToF lens, 13MP front main camera lens, and 40MP ultra-wide-angle lens [1] - The Mate 80 RS model may feature AAC Technologies' new generation "ultimate speaker," which includes a dual-diaphragm stereo unit designed for powerful bass and clear high frequencies [1]

Core Viewpoint - The launch of Huawei's Mate 80 series has generated significant market excitement, with a starting price of 4699 yuan, which is 800 yuan lower than the previous generation, and over 2 million pre-orders within 6 days [1] Group 1: Product Launch and Market Response - The Mate 80 series is expected to have a total inventory of around 11 million units, significantly higher than other flagship models from competing brands [1] - The introduction of the "Pro Max" model features a metal structural component co-developed by Huawei and AAC Technologies, addressing the long-standing issue of "metal shielding signals" while ensuring durability [3] Group 2: Supply Chain and Component Details - AAC Technologies is a core supplier for the Mate 80 series, providing various components such as speakers, lenses, structural parts, motors, and microphones, with many being sole suppliers [1] - The optical products from AAC Technologies' subsidiary, Chengrui Optics, have a high participation rate, covering front ToF lenses, a 13MP front main camera, and a 40MP ultra-wide-angle lens [3] - The Mate 80 RS Extraordinary Master may feature AAC Technologies' new generation "ultimate speaker," which utilizes a dual-diaphragm stereo unit for enhanced sound quality [3]

Core Viewpoint - AAC Technologies has been actively repurchasing its shares, indicating a strategy to support its stock price amidst recent declines [1] Summary by Category Share Buyback Activity - On November 25, AAC Technologies repurchased 200,000 shares at a price range of HKD 36.920 to HKD 37.220, totaling HKD 7.4113 million [1] - The stock closed at HKD 37.200 on the same day, reflecting a slight increase of 0.16% with a total trading volume of HKD 153 million [1] - Since November 18, the company has conducted buybacks for six consecutive days, acquiring a total of 1.7 million shares for a cumulative amount of HKD 63.6863 million [1] - The stock has experienced a cumulative decline of 7.69% during this buyback period [1] - Year-to-date, AAC Technologies has executed 83 buybacks, totaling 25.3685 million shares and an aggregate amount of HKD 984 million [1] Buyback Details - The buyback details for November 25 include: - Shares repurchased: 200,000 - Highest price: HKD 37.220 - Lowest price: HKD 36.920 - Total amount: HKD 7.4113 million [1] - A detailed table of buyback activities shows various dates, share quantities, and price ranges, indicating a consistent buyback strategy [1][2][3]

Core Viewpoint - AAC Technologies (02018.HK) has announced share buybacks, indicating a strategy to enhance shareholder value through capital return initiatives [1] Group 1: Share Buyback Details - On November 25, 2025, AAC Technologies repurchased 200,000 shares at a total cost of HKD 7.4113 million, with prices ranging from HKD 36.92 to HKD 37.22 per share [1] - On November 24, 2025, the company spent HKD 11.1063 million to buy back 300,000 shares [1]

Core Viewpoint - AAC Technologies (02018) announced a share buyback plan, committing to repurchase 200,000 shares for a total cost of HKD 7.4113 million, scheduled for November 25, 2025 [1] Group 1 - The company is engaging in a share repurchase, indicating confidence in its own stock value [1] - The total amount allocated for the buyback is HKD 7.4113 million, which reflects the company's financial strategy [1] - The buyback will involve 200,000 shares, suggesting a targeted approach to enhance shareholder value [1]

Core Viewpoint - AAC Technologies (02018) announced a share buyback plan, committing to repurchase 200,000 shares for a total expenditure of HKD 7.4113 million, scheduled for November 25, 2025 [1] Group 1 - The company plans to repurchase shares as part of its capital management strategy [1] - The total amount allocated for the buyback is HKD 7.4113 million [1] - The number of shares to be repurchased is 200,000 [1]

FF305 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： 瑞聲科技控股有限公司（於開曼群島註冊成立之有限公司） 呈交日期： 2025年11月25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) | 02018 | 說明 | | | | | | | 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 | 已發行股份（不包 ...

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].

Summary of Key Points Core Viewpoint - 瑞声科技 has been actively repurchasing its shares, indicating a strategy to support its stock price amidst recent declines [1]. Group 1: Share Buyback Activity - On November 24, 瑞声科技 repurchased 300,000 shares at a price range of HKD 36.500 to HKD 37.400, totaling HKD 11.11 million [1]. - The stock closed at HKD 37.140 on the same day, reflecting a slight increase of 0.38% with a total trading volume of HKD 306 million [1]. - Since November 18, the company has conducted buybacks for five consecutive days, acquiring a total of 1.5 million shares for a cumulative amount of HKD 56.28 million [1]. - The stock has experienced a cumulative decline of 7.84% during this buyback period [1]. Group 2: Year-to-Date Buyback Summary - Year-to-date, 瑞声科技 has executed 82 buybacks, acquiring a total of 25.17 million shares for a total expenditure of HKD 977 million [1]. Group 3: Detailed Buyback Data - The buyback details include various dates, share quantities, highest and lowest prices, and total amounts spent, showcasing a consistent buyback strategy [2][3]. - For instance, on November 21, the company repurchased another 300,000 shares at a maximum price of HKD 37.260, totaling HKD 11.10 million [2]. - The highest recorded buyback price during this period was HKD 40.180 on November 14, with a total expenditure of HKD 11.97 million for 300,000 shares [2].

Core Viewpoint - AAC Technologies (02018) announced a share buyback of 300,000 shares for a total expenditure of HKD 11.1063 million on November 24, 2025 [1] Group 1 - The company is actively engaging in share repurchase, indicating confidence in its own stock value [1] - The total amount allocated for the buyback is approximately HKD 11.1 million, reflecting a strategic move to enhance shareholder value [1] - The buyback involves 300,000 shares, which may influence the stock's liquidity and market perception [1]