Core Points - Pingtan Development and Haixia Innovation have completed their suspension review and will resume trading on November 21, 2025 [1][2] - Eddy Precision and Hangcai Co. plan to repurchase shares [3] - Wenfeng Co.'s deputy general manager has been placed under investigation [4] - Kesi Co. has undergone a change in its actual controller [6][7] - Major events include the completion of restructuring investments by *ST Lian Shi and acquisitions by Jun Ting Hotel and Lek Electric [8][9] Group 1: Resumption of Trading - Pingtan Development's stock will resume trading on November 21, 2025, after confirming no significant changes in its operations or undisclosed major matters [1] - Haixia Innovation's stock will also resume trading on November 21, 2025, with similar confirmations regarding its operational status [2] Group 2: Share Repurchase Plans - Eddy Precision plans to repurchase shares with a total amount between 100 million and 200 million yuan, at a price not exceeding 27 yuan per share [3] - Hangcai Co. intends to repurchase shares using excess funds, with a total amount between 50 million and 100 million yuan, at a price not exceeding 80 yuan per share [3] Group 3: Investigations and Changes in Management - Wenfeng Co.'s deputy general manager, Qin Guofen, is under investigation, but the company states this will not significantly impact its operations [4] - Kesi Co. has changed its actual controller from Zhou Jiuqing and Zhou Xuming to Zhou Xuming alone following the death of Zhou Jiuqing [6][7] Group 4: Major Events - *ST Lian Shi has received a total of 1.238 billion yuan in restructuring investments from all investors [8] - Jun Ting Hotel has agreed to acquire the remaining 21% stake in Junlan Management for 79.8 million yuan, making it a wholly-owned subsidiary [9] - Lek Electric plans to transfer 90% of its subsidiary's equity to Chuangyuan Resources, with a target valuation of 235 million yuan [9]

Core Insights - On November 20, several companies disclosed their share repurchase and reduction plans, indicating varying levels of confidence in their stock performance [1] Group 1: Share Repurchase Plans - Eddie Precision plans to repurchase A-shares worth between 100 million to 200 million yuan [2] - Aviation Materials plans to repurchase shares worth between 50 million to 100 million yuan [2] - Changshu Bank's executives plan to increase their holdings by no less than 550,000 shares [2] Group 2: Share Reduction Plans - New Hongze's major shareholder reduced their holdings during a period of abnormal stock fluctuations [2] - General Electric's Singapore company plans to reduce its holdings by no more than 3% in China Xidian [2] - Senior management of Lifespring Pharmaceutical plans to reduce their holdings by no more than 0.0044% [2] - Shareholder Zhoushan Ruihao of Wan Feng plans to reduce holdings by no more than 1.75% [2] - Shareholders of Dongxin plan to collectively reduce holdings by no more than 0.71% [2] - Haigang Group, a shareholder of Hainan Mining, plans to reduce holdings by no more than 0.75% [2] - Actual controller Zhang Guifeng of Fulongma reduced 3.7812 million shares from November 19 to November 20 [2] - Shareholder Dongguan Kechuang Investment Group of Shengyi Electronics plans to reduce holdings by no more than 1% [2] - Shareholder Qinyi Partnership of Yayi Technology plans to reduce holdings by no more than 0.25% [2] - Controlling shareholder Yuansi Industrial of New City plans to reduce holdings by no more than 3% [2] - Controlling shareholder of Kaishan plans to reduce holdings by no more than 1% [2] - The largest shareholder of Tuo Jing Technology, the National Fund, plans to reduce holdings by no more than 3% [2] - Controlling shareholder Li Zheng of Wajinjiao plans to reduce holdings by no more than 3% [2] - Shareholder Shanxi Huaxin Hai of Baose plans to reduce holdings by no more than 1% [2] - Shareholders of Huaya Intelligent plan to collectively reduce holdings by 399.21 million shares, accounting for 2.98% of total share capital [2] - Directors and executives of Changxin Bochuang plan to collectively reduce holdings by no more than 0.05% [2] - Shareholders of Longxun plan to collectively reduce holdings by no more than 2.63% [2] - Some directors and executives of Fulede plan to collectively reduce holdings by no more than 0.0104% [2]

Core Points - The company announced a downward adjustment of the conversion price for its convertible bonds, "Aidi Convertible Bonds," from 23.58 yuan per share to 18.75 yuan per share, effective from November 24, 2025 [1] - The conversion of "Aidi Convertible Bonds" will be suspended on November 21, 2025, and will resume on November 24, 2025 [1] Summary by Sections - **Company Announcement** - The company held its 11th meeting of the 5th Board of Directors on November 20, 2025, where the adjustment of the conversion price was approved [1] - **Details of the Adjustment** - The new conversion price of 18.75 yuan per share represents a significant decrease from the previous price of 23.58 yuan per share [1] - The adjustment is aimed at enhancing the attractiveness of the convertible bonds to investors [1]

Group 1 - The company plans to repurchase shares through a centralized bidding method, with a total amount between 100 million and 200 million yuan, and a maximum repurchase price of 27.00 yuan per share, which is 44.15% higher than the current price of 18.73 yuan [1] - The company has seen a cumulative stock price increase of 11.21% this year [1] - The repurchased shares may be canceled or used for employee stock ownership plans or equity incentive plans [1] Group 2 - As of September 30, the number of shareholders increased by 11.11% to 23,000, while the average circulating shares per person decreased by 10.00% to 36,157 shares [2] - For the period from January to September 2025, the company achieved operating revenue of 2.374 billion yuan, a year-on-year increase of 16.49%, and a net profit attributable to shareholders of 316 million yuan, a year-on-year increase of 12.63% [2] Group 3 - Since its A-share listing, the company has distributed a total of 720 million yuan in dividends, with 292 million yuan distributed over the past three years [3]

Group 1 - Moer Thread announced an issuance price of 114.28 CNY per share, with a total of 70 million shares to be publicly issued, aiming to raise 8 billion CNY, netting approximately 7.576 billion CNY after expenses [1] - EVE Energy signed a procurement framework agreement with Simo International for battery cells from 2026 to 2028, with the agreement effective until December 31, 2028, but does not specify a concrete amount [1] - Tuojing Technology's major shareholder, the National Integrated Circuit Industry Investment Fund, plans to reduce its stake by up to 3% through block trading from December 12, 2025, to March 11, 2026 [1] Group 2 - Shengyi Electronics announced that its shareholder, Dongguan Science and Technology Innovation Investment Group, plans to reduce its stake by up to 1% from December 12, 2025, to March 11, 2026, due to funding needs [2] - Deep Technology reported that it is a leading domestic high-end storage chip packaging and testing company, currently operating at full capacity in Shenzhen and Hefei, and is expanding based on customer demand [2] - Wengfeng Co. announced that its deputy general manager, Qin Guofen, is under investigation, but this matter is personal and will not significantly impact the company's operations [2] Group 3 - Fosun Pharma's subsidiary, Shanghai Fuhong Hanlin Biotechnology, has had its drug, Surulitinib, included in the breakthrough therapy designation for gastric cancer, with no other PD-1 monoclonal antibody approved for this indication globally [3] - Daye Co. is responding to the EU's anti-dumping investigation on Chinese lawnmowers, adjusting its overseas production structure and integrating resources to mitigate impacts [4]

每经AI快讯，艾迪精密（SH 603638，收盘价：18.73元）11月20日晚间发布公告称，公司第五届第十一 次董事会会议于2025年11月20日以现场结合通讯方式召开。会议审议了《关于向下修正"艾迪转债"转股 价格的议案》等文件。 每经头条（nbdtoutiao）——展望"十五五" | 专访黄群慧：既要重视AI赋能千行百业，也要考量其对就业 的替代效应和带来的收入极化 （记者 王晓波） 截至发稿，艾迪精密市值为156亿元。 2024年1至12月份，艾迪精密的营业收入构成为：机械占比97.82%，其他业务占比2.18%。 ...

艾迪精密（603638）(603638.SH)公告，公司拟使用自有资金以集中竞价交易方式回购部分公司A股股 份，本次回购资金总额不低于1亿元(含),不超过2亿元(含)，回购股份价格不超过27元/股(含)。回购股份 期限自公司董事会审议通过本次回购方案之日起12个月内。 ...

智通财经APP讯，艾迪精密(603638.SH)公告，公司拟使用自有资金以集中竞价交易方式回购部分公司A 股股份，本次回购资金总额不低于1亿元(含),不超过2亿元(含)，回购股份价格不超过27元/股(含)。回购 股份期限自公司董事会审议通过本次回购方案之日起12个月内。 ...

| | | 烟台艾迪精密机械股份有限公司 关于以集中竞价交易方式回购股份的预案 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 烟台艾迪精密机械股份有限公司（以下简称"公司"）拟使用自有资金以集 中竞价交易方式回购部分公司 A 股股份（以下简称"本次回购"），主要内容如 下： ● 回购股份金额：本次回购资金总额不低于 10,000 万元（含）,不超过 20,000 万元（含），具体以回购期满时实际回购金额为准； ● 回购股份资金来源：公司自有资金； ● 回购股份用途：用于转换公司可转债； ● 回购股份价格：不超过 27 元/股（含），该价格上限不高于董事会通过本 次回购股份决议前 30 个交易日公司股票交易均价的 150%； ● 回购股份方式：集中竞价交易方式; ● 回购股份期限：自公司董事会审议通过本次回购方案之日起 12 个月内; ● 相关股东是否存在减持计划：截至本公告披露日,公司控股股东、实际控制 人、持股 5%以上的股东、董事及高级管理人员未来 3 个月、未来 6 个月无减持股 份的计划。若上述主 ...

| 证券代码：603638 | 证券简称：艾迪精密 | 公告编号：2025-050 | | --- | --- | --- | | 转债代码：113644 | 转债简称：艾迪转债 | | 烟台艾迪精密机械股份有限公司 关于向下修正"艾迪转债"转股价格暨转股停复牌的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 因"艾迪转债"向下修正转股价格,本公司的相关证券停复牌情况如下： | 证券代码 | 证券简称 | 停复牌类型 | 停牌起始日 | 停牌 | 停牌终止日 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | | | | | | 期间 | | | | 113644 | 艾迪转债 | 可转债转股停牌 | 2025/11/21 | 全天 | 2025/11/21 | 2025/11/24 | "艾迪转债"于 2025 年 11 月 21 日停止转股，2025 年 11 月 24 日起恢复转股。 一、可转换公司债券基本情况 （一）可转换公司债券发行上市情况 经 ...