Market Overview - The home appliance parts sector experienced a decline of 3.73% on November 10, with Hanyu Group leading the drop [1] - The Shanghai Composite Index closed at 4018.6, up 0.53%, while the Shenzhen Component Index closed at 13427.61, up 0.18% [1] Stock Performance - Notable gainers in the home appliance parts sector included: - Shunwei Co., Ltd. (002676) with a closing price of 8.80, up 4.64% on a trading volume of 443,400 shares and a turnover of 390 million [1] - Xing Shuai Er (002860) closed at 15.04, up 3.23% with a trading volume of 339,400 shares and a turnover of 507 million [1] - Major decliners included: - Hanyu Group (300403) with a closing price of 14.71, down 6.37% on a trading volume of 788,300 shares and a turnover of 1.17 billion [2] - Sanhua Intelligent Control (002050) closed at 45.51, down 6.01% with a trading volume of 2,528,700 shares and a turnover of 11.68 billion [2] Capital Flow - The home appliance parts sector saw a net outflow of 2.007 billion from institutional investors, while retail investors contributed a net inflow of 1.834 billion [2] - The capital flow for specific stocks showed: - Xing Shuai Er (002860) had a net inflow of 80.80 million from institutional investors, but a net outflow of 81.10 million from retail investors [3] - Shunwei Co., Ltd. (002676) experienced a net inflow of 43.47 million from institutional investors, with a net outflow of 41.08 million from retail investors [3]

Group 1 - The core point of the article is that Hotway Medical, a wholly-owned subsidiary of Hotway Co., focuses on the research and production of medical heating-related products, which have already been certified and are in mass production [2] Group 2 - An investor inquired about the shareholding ratio of Hotway Medical and the certification status of its products [2] - Hotway Co. confirmed that its medical products have passed certification and are currently being mass-produced [2]

格隆汇11月10日丨热威股份(603075.SH)在投资者互动平台表示，公司目前半导体领域电热元件相关项 目处于不同的开发阶段，部分产品已经实现了量产。 ...

Core Viewpoint - The company, Hotway Co., Ltd., is a leading supplier of thermal management systems for electric vehicles, showcasing strong performance in electric heating components and a promising growth trajectory in the new energy vehicle sector [1][5]. Group 1: Company Overview - Hotway Co., Ltd. was established on April 16, 2002, and was listed on the Shanghai Stock Exchange on September 11, 2023, with its headquarters located in Hangzhou, Zhejiang Province [1]. - The company specializes in the research, development, production, and sales of electric heating components and systems, operating within the household appliances and components industry [1]. Group 2: Financial Performance - For Q3 2025, Hotway reported a revenue of 1.546 billion yuan, ranking 14th among 34 companies in the industry, while the industry leader, Sanhua Intelligent Controls, achieved a revenue of 24.029 billion yuan [2]. - The company's net profit for the same period was 246 million yuan, placing it 5th in the industry, with the top performer, Sanhua Intelligent Controls, reporting a net profit of 3.289 billion yuan [2]. Group 3: Financial Ratios - As of Q3 2025, Hotway's debt-to-asset ratio was 30.53%, slightly up from 30.02% year-on-year, and significantly lower than the industry average of 41.84% [3]. - The company's gross profit margin stood at 31.04%, down from 31.42% year-on-year, but still above the industry average of 18.50% [3]. Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 11.49% to 13,000, while the average number of circulating A-shares held per shareholder increased by 16.47% to 3,173.43 shares [5]. - The largest circulating shareholder is Hong Kong Central Clearing Limited, holding 1.3208 million shares, an increase of 110,200 shares from the previous period [5]. Group 5: Growth Prospects - The company is expected to benefit from the rapid growth in the new energy vehicle market, with projected revenues of 2.122 billion yuan, 2.340 billion yuan, and 2.554 billion yuan for 2025, 2026, and 2027, respectively [5]. - The earnings per share (EPS) forecasts for the same years are 0.90 yuan, 1.04 yuan, and 1.17 yuan, with corresponding price-to-earnings (PE) ratios of 23.5, 20.2, and 18.0 times [5].

Core Viewpoint - The report highlights the significant institutional ownership of Rewei Co., Ltd. (热威股份), with 89.91% of its total shares held by institutional investors as of October 29, 2025, indicating strong institutional confidence in the company [1]. Group 1: Institutional Ownership - As of October 29, 2025, a total of 7 institutional investors hold 362 million shares of Rewei Co., Ltd., representing 89.91% of the company's total share capital [1]. - The institutional ownership percentage has decreased by 0.30 percentage points compared to the previous quarter [1]. - The institutional investors include notable entities such as Xiamen Brook Investment Co., Ltd. and Hong Kong Central Clearing Limited [1]. Group 2: Public Fund Activity - Two public funds increased their holdings during this period, namely Huaxia Zhisheng Mixed Initiation A and Huaxia Zhisheng Pioneer Stock (LOF) A, with a slight increase in their ownership [1]. - One new public fund disclosed its holdings, which is the Guolian Shanghai Stock Exchange Science and Technology Innovation Board Comprehensive Index Enhanced A [1]. - A total of 55 public funds were not disclosed in this period, including several notable funds such as Huaxia Zhisheng New Star Stock A and GF Baifa Big Data Growth Mixed A [1]. Group 3: Foreign Investment - One foreign fund, Hong Kong Central Clearing Limited, increased its holdings slightly compared to the previous period [2]. - Several foreign institutions, including Citic Securities Asset Management (Hong Kong) and J.P. Morgan Securities PLC, were not disclosed in this period [2].

Core Viewpoint - The company, Hotway Co., Ltd. (stock code: 603075), announced the nomination of candidates for its third board of directors during the 29th meeting of the second board of directors held on October 29, 2025 [1] Group 1 - The company has nominated Mr. Lou Guanliang, Mr. Lü Yuebin, Mr. Qian Feng, and Mr. Zhang Liang as non-independent director candidates for the third board of directors [1] - The company has nominated Mr. Pan Lei, Mr. Zeng Xi, and Mr. Chen Xuyuan as independent director candidates for the third board of directors [1]

Core Viewpoint - The company reported a year-on-year increase in revenue and net profit for the first three quarters of 2025, indicating positive financial performance and growth potential [1] Financial Performance - The total operating revenue for the first three quarters reached 1.546 billion yuan, representing a year-on-year growth of 9.35% [1] - The net profit attributable to shareholders was 246 million yuan, showing a year-on-year increase of 7.66% [1] - The basic earnings per share stood at 0.62 yuan [1]

本人已经参加培训并取得证券交易所认可的相关培训证明材料。 独立董事候选人声明与承诺 本人曾晰，已充分了解并同意由提名人杭州热威电热科技股份有 限公司董事会提名为杭州热威电热科技股份有限公司第三届董事会 独立董事候选人。本人公开声明，本人具备独立董事任职资格，保证 不存在任何影响本人担任杭州热威电热科技股份有限公司独立董事 独立性的关系，具体声明并承诺如下： 一、本人具备上市公司运作的基本知识，熟悉相关法律、行政法 规、部门规章及其他规范性文件，具有 5 年以上法律、经济、会计、 财务、管理或者其他履行独立董事职责所必需的工作经验。 （五）中共中央组织部《关于进一步规范党政领导干部在企业兼 职（任职）问题的意见》的相关规定（如适用）； （六）中共中央纪委、教育部、监察部《关于加强高等学校反腐 倡廉建设的意见》的相关规定（如适用）； （七）中国人民银行《股份制商业银行独立董事和外部监事制度 指引》等的相关规定（如适用）； 二、本人任职资格符合下列法律、行政法规和部门规章以及公司 规章的要求： （一）《中华人民共和国公司法》关于董事任职资格的规定； 三、本人具备独立性，不属于下列情形： （二）《中华人民共和国公务员 ...

独立董事候选人声明与承诺 本人潘磊，已充分了解并同意由提名人杭州热威电热科技股份有 限公司董事会提名为杭州热威电热科技股份有限公司第三届董事会 独立董事候选人。本人公开声明，本人具备独立董事任职资格，保证 不存在任何影响本人担任杭州热威电热科技股份有限公司独立董事 独立性的关系，具体声明并承诺如下： 一、本人具备上市公司运作的基本知识，熟悉相关法律、行政法 规、部门规章及其他规范性文件，具有 5 年以上法律、经济、会计、 财务、管理或者其他履行独立董事职责所必需的工作经验。 本人已经参加培训并取得证券交易所认可的相关培训证明材料。 （五）中共中央组织部《关于进一步规范党政领导干部在企业兼 职（任职）问题的意见》的相关规定（如适用）； （六）中共中央纪委、教育部、监察部《关于加强高等学校反腐 倡廉建设的意见》的相关规定（如适用）； （七）中国人民银行《股份制商业银行独立董事和外部监事制度 指引》等的相关规定（如适用）； （八）中国证监会《证券基金经营机构董事、监事、高级管理人 员及从业人员监督管理办法》等的相关规定（如适用）； （九）《银行业金融机构董事（理事）和高级管理人员任职资格 管理办法》《保险公司董事、 ...

独立董事提名人声明与承诺 提名人杭州热威电热科技股份有限公司董事会，现提名曾晰为杭 州热威电热科技股份有限公司第三届董事会独立董事候选人，并已充 分了解被提名人职业、学历、职称、详细的工作经历、全部兼职、有 无重大失信等不良记录等情况。被提名人已同意出任杭州热威电热科 技股份有限公司第三届董事会独立董事候选人（参见该独立董事候选 人声明）。提名人认为，被提名人具备独立董事任职资格，与杭州热 威电热科技股份有限公司之间不存在任何影响其独立性的关系，具体 声明并承诺如下： 一、被提名人具备上市公司运作的基本知识，熟悉相关法律、行 政法规、规章及其他规范性文件，具有 5 年以上法律、经济、会计、 财务、管理或者其他履行独立董事职责所必需的工作经验。 被提名人已经参加培训并取得证券交易所认可的相关培训证明 材料。 二、被提名人任职资格符合下列法律、行政法规和部门规章的要 求： （一）《中华人民共和国公司法》关于董事任职资格的规定； （二）《中华人民共和国公务员法》关于公务员兼任职务的规定 （如适用）； （三）中国证监会《上市公司独立董事管理办法》、上海证券交 易所自律监管规则以及公司章程有关独立董事任职资格和条件的相 ...