Group 1: Market Overview - The macroeconomic environment remains supportive with expectations of further easing from the Federal Reserve, which has already lowered rates by 25 basis points in September, with projections for additional cuts by the end of the year [2] - A-shares are experiencing a high level of trading activity, with average daily turnover exceeding 2.45 trillion yuan in September, up from 2.31 trillion yuan in August, indicating strong market liquidity [2] - The technology sector continues to show strength, with the Wande Technology Index accounting for 40.8% of total A-share trading volume, reflecting ongoing liquidity inflows into this sector [2] Group 2: Sector Analysis - The technology sector is characterized by a clear differentiation between high and low performers, with previous leaders like optical modules and communication equipment seeing lower gains in September, while semiconductor materials and energy storage stocks have shown significant recovery [2][3] - Cyclical and dividend-paying stocks remain weak due to poor economic data, with various sectors underperforming compared to technology [3] - The current risk premium for A-shares is low, with the risk premium for the CSI 300 index at 5.19%, close to historical lows, suggesting limited downside potential [3] Group 3: Investment Strategy - The report recommends focusing on technology stocks with a strong price-performance ratio, particularly those that have lagged behind in previous rallies, to enhance potential returns [5] - There is an emphasis on upstream materials related to energy storage and semiconductor industries, such as lithium and cobalt, which are expected to benefit from ongoing demand growth in electric vehicles and semiconductor manufacturing [5] - The October stock selection includes a diverse range of sectors, highlighting companies in innovative pharmaceuticals, electronics, automotive, and communications, indicating a strategic approach to capitalize on sectoral strengths [10][11]

最后转股日：2025 年 10 月 10 日 截至 2025 年 9 月 26 日收市后，距离 10 月 10 日（"豪 24 转债"最后转股日）仅 剩 4 个交易日，10 月 10 日为"豪 24 转债"最后一个转股日。 | 证券代码：603809 | 证券简称：豪能股份 | 公告编号：2025-060 | | --- | --- | --- | | | 转债 | | | 转债代码：113690 | 转债简称：豪 24 | | 成都豪能科技股份有限公司 关于实施"豪 24 转债"赎回暨摘牌的 第五次提示性公告 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： 截至 2025 年 9 月 26 日收市后，距离 9 月 29 日（"豪 24 转债"最后交易日）仅 剩 1 个交易日，9 月 29 日为"豪 24 转债"最后一个交易日。 根据公司《募集说明书》的约定，"豪 24 转债"有条件赎回条款为： 成都豪能科技股份有限公司（以下简称"公司"）的股票自 2025 年 8 月 25 日 至 2025 年 9 月 12 ...

| 证券代码：603809 | 证券简称：豪能股份 | 公告编号：2025-059 | | --- | --- | --- | | | 转债 | | | 转债代码：113690 | 转债简称：豪 24 | | 成都豪能科技股份有限公司 关于实施"豪 24 转债"赎回暨摘牌的 第四次提示性公告 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： 截至 2025 年 9 月 25 日收市后，距离 9 月 29 日（"豪 24 转债"最后交易日）仅 剩 2 个交易日，9 月 29 日为"豪 24 转债"最后一个交易日。 最后转股日：2025 年 10 月 10 日 截至 2025 年 9 月 25 日收市后，距离 10 月 10 日（"豪 24 转债"最后转股日）仅 剩 5 个交易日，10 月 10 日为"豪 24 转债"最后一个转股日。 1、在转股期内，如果公司股票在任何连续三十个交易日中至少十五个交易日 的收盘价格不低于当期转股价格的 130%（含 130%）； 成都豪能科技股份有限公司（以下简称"公司"）的股票自 ...

Company Overview - Haoneng Co., Ltd. is located in Chengdu Economic and Technological Development Zone, established on September 25, 2006, and listed on November 28, 2017. The company specializes in the research, production, and sales of synchronizer components for automotive transmissions [1][2]. Financial Performance - For the first half of 2025, Haoneng achieved operating revenue of 1.253 billion yuan, representing a year-on-year growth of 10.30%. The net profit attributable to shareholders was 184 million yuan, up 13.45% year-on-year [2]. - Since its A-share listing, Haoneng has distributed a total of 626 million yuan in dividends, with 278 million yuan distributed over the past three years [3]. Stock Performance - As of September 25, Haoneng's stock price was 16.24 yuan per share, with a year-to-date increase of 84.71%. Over the last five trading days, the stock has decreased by 2.70%, while it has increased by 7.34% over the last 20 days and 10.48% over the last 60 days [1]. - The company has appeared on the "Dragon and Tiger List" three times this year, with the most recent appearance on May 8, where it recorded a net purchase of 71.99 million yuan [1]. Shareholder Information - As of June 30, 2025, Haoneng had 36,700 shareholders, a decrease of 9.56% from the previous period. The average number of circulating shares per shareholder increased by 48.28% to 23,410 shares [2]. - Among the top ten circulating shareholders, Yongying Advanced Manufacturing Smart Selection Mixed Fund (018124) is the fourth largest with 30.14 million shares, while Penghua Carbon Neutral Theme Mixed Fund (016530) is the ninth largest with 20.09 million shares, both being new shareholders [3]. Business Segments - The main business revenue composition of Haoneng includes synchronizers (48.89%), differentials (21.21%), other components (14.50%), aerospace parts (13.22%), and supplementary items (2.19%) [1].

Summary of Key Points Core Viewpoint - Haoneng Co., Ltd. announced the upcoming redemption and trading deadlines for its "Hao 24 Convertible Bonds," indicating significant implications for investors regarding their options and potential losses [1]. Group 1: Important Dates - The last trading day for "Hao 24 Convertible Bonds" is September 29, 2025, with only three trading days remaining as of September 24, 2025 [1]. - The last conversion date for the bonds is October 10, 2025, with six trading days remaining as of September 24, 2025 [1]. Group 2: Redemption and Conversion Details - Following the early redemption, "Hao 24 Convertible Bonds" will be delisted from the Shanghai Stock Exchange starting October 13, 2025 [1]. - Investors can either continue trading the bonds in the secondary market within the specified timeframe or convert them at a price of 6.33 CNY per share [1]. - If investors are forced to redeem the bonds, they will receive 100 CNY per bond plus accrued interest, totaling 100.1945 CNY per bond, which may lead to significant investment losses [1].

Market Overview - The Shanghai Composite Index rose by 0.83% on September 24, with 28 out of 31 sectors experiencing gains, led by the power equipment and electronics sectors, which increased by 2.88% and 2.76% respectively [1] - The automotive sector saw a modest increase of 0.36% [1] - The banking, coal, and telecommunications sectors were the biggest decliners, with decreases of 0.36%, 0.29%, and 0.01% respectively [1] Capital Flow Analysis - The net inflow of capital in the two markets was 19.725 billion yuan, with 14 sectors experiencing net inflows [1] - The electronics sector had the highest net inflow, totaling 13.046 billion yuan, while the computer sector followed with a net inflow of 5.021 billion yuan [1] - Conversely, 17 sectors experienced net outflows, with the automotive sector leading with a net outflow of 2.064 billion yuan, followed by telecommunications with 1.670 billion yuan [1] Automotive Sector Performance - Within the automotive sector, 278 stocks were tracked, with 170 stocks rising and 101 stocks declining [2] - Notably, 2 stocks hit the daily limit up, while 2 stocks hit the daily limit down [2] - The top three stocks with the highest net inflow were Wan Feng Ao Wei (499.82 million yuan), Hao Neng Co., Ltd. (327.41 million yuan), and Jianghuai Automobile (288.91 million yuan) [2] - The top three stocks with the highest net outflow were Shan Zi Gao Ke (-980.44 million yuan), BYD (-697.91 million yuan), and Wan Xiang Qian Chao (-379.36 million yuan) [3] Automotive Sector Capital Inflow and Outflow - The automotive sector's capital inflow list included stocks like Wan Feng Ao Wei (4.47% increase), Hao Neng Co., Ltd. (10.02% increase), and Jianghuai Automobile (2.38% increase) [2] - The capital outflow list featured stocks such as Shan Zi Gao Ke (-9.91% decrease), BYD (0.10% increase), and Wan Xiang Qian Chao (0.82% increase) [3]

| 证券代码：603809 | 证券简称：豪能股份 | 公告编号：2025-058 | | --- | --- | --- | | | 转债 | | | 转债代码：113690 | 转债简称：豪 24 | | 成都豪能科技股份有限公司 关于实施"豪 24 转债"赎回暨摘牌的 第三次提示性公告 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： 截至 2025 年 9 月 24 日收市后，距离 9 月 29 日（"豪 24 转债"最后交易日）仅 剩 3 个交易日，9 月 29 日为"豪 24 转债"最后一个交易日。 最后转股日：2025 年 10 月 10 日 截至 2025 年 9 月 24 日收市后，距离 10 月 10 日（"豪 24 转债"最后转股日）仅 剩 6 个交易日，10 月 10 日为"豪 24 转债"最后一个转股日。 成都豪能科技股份有限公司（以下简称"公司"）的股票自 2025 年 8 月 25 日 至 2025 年 9 月 12 日连续三十个交易日内有十五个交易日收盘价格不低于"豪 24 转债" ...

Market Overview - On September 24, the automotive parts sector rose by 0.75% compared to the previous trading day, with Haoneng Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3853.64, up 0.83%, while the Shenzhen Component Index closed at 13356.14, up 1.8% [1] Top Gainers in Automotive Parts Sector - Haoneng Co., Ltd. (603809) closed at 16.58, up 10.02% with a trading volume of 604,900 shares and a transaction value of 2,006.6 million [1] - Guangyang Co., Ltd. (002708) closed at 15.33, up 9.97% with a trading volume of 748,100 shares and a transaction value of 1,113 million [1] - Taixiang Co., Ltd. (301192) closed at 29.85, up 8.31% with a trading volume of 26,000 shares and a transaction value of 74.9685 million [1] Top Losers in Automotive Parts Sector - C You Sheng (603418) closed at 71.25, down 10.38% with a trading volume of 199,000 shares and a transaction value of 1,450 million [2] - Zhongma Transmission (603767) closed at 29.53, down 10.00% with a trading volume of 322,200 shares and a transaction value of 969 million [2] - Shanzi Gaoke (000981) closed at 3.82, down 9.91% with a trading volume of 20,991,700 shares and a transaction value of 8,112 million [2] Fund Flow Analysis - On the same day, the automotive parts sector experienced a net outflow of 1.736 billion from institutional investors, while retail investors saw a net inflow of 2.782 billion [2][3] - The top stocks with significant fund flow include Wan Feng Ao Wei (002085) with a net inflow of 55.9 million from institutional investors [3] - Haoneng Co., Ltd. (603809) had a net outflow of 32.31% from institutional investors, indicating a shift in investment sentiment [3]

Market Performance - The three major A-share indices collectively rose, with the Shanghai Composite Index up 0.83%, the Shenzhen Component Index up 1.80%, and the ChiNext Index up 2.28%, reaching a three-year high [1] - The STAR 50 Index increased by 3.49%, and the North Exchange 50 Index rose by 2.03% [1] Trading Volume and Stock Performance - The total trading volume in the Shanghai, Shenzhen, and North exchanges was 23,471 billion yuan, a decrease of 1,713 billion yuan from the previous day [2] - Over 4,400 stocks rose, with nearly 90 stocks hitting the daily limit [2] - The chip industry chain continued its strong performance, with over 20 stocks hitting the daily limit, including Huasoft Technology with four consecutive limit-ups [2] - Robotics concept stocks surged, with multiple stocks like Haoneng Co. and Zhongchuang Zhiling also hitting the daily limit [2] - Alibaba Cloud concept stocks were active, with Hangang Co. hitting the daily limit [2] - Retail and tourism sectors experienced the largest declines [2] Market Trends and Outlook - Since the "924 market" last year, the Shanghai Composite Index has risen over 40%, the Shenzhen Component Index over 65%, and the ChiNext Index over 100% [3] - Huatai Securities noted that the positive feedback from the capital market is ongoing, with trading activity remaining high [3] - The outlook remains optimistic for the medium term, with a focus on balanced sector selection and the continuation of earnings momentum in Q3 [5] - Long-term views favor technology growth sectors, particularly AI computing, Hong Kong innovative drugs, and military industry [5] - Concerns about short-term market sentiment cooling may lead to fluctuations, but the potential for a steady upward trend remains [5] - Citic Securities warns of potential short-term corrections due to high emotional indices, suggesting that September's performance will be a key reference for future trends [5]

Group 1 - The core viewpoint of the article highlights the strong performance of the robotics sector, with multiple companies experiencing significant stock price increases [2] - Zhongchuang Zhiling reached its daily limit up and set a new historical high, indicating robust investor interest and confidence in the robotics industry [2] - Other companies such as Wewin New Materials, Haoneng Shares, Zhongzhong Technology, and Hongdou Shares also hit their daily limit up, showcasing a broad rally within the sector [2] Group 2 - Companies like Lixing Shares, Buke Shares, and Jingye Intelligent saw their stock prices increase by over 10%, further emphasizing the positive momentum in the robotics market [2]