Group 1 - The core viewpoint of the news is that Aihua Group's stock performance and financing activities indicate a relatively low level of market engagement, with a slight increase in stock price and a decrease in net financing [1][2] Group 2 - On November 20, Aihua Group's stock rose by 0.66%, with a trading volume of 62.53 million yuan. The financing buy-in amount was 7.38 million yuan, while the financing repayment was 9.94 million yuan, resulting in a net financing outflow of 2.56 million yuan [1] - As of November 20, the total balance of margin trading for Aihua Group was 160 million yuan, with the financing balance at 159 million yuan, accounting for 2.37% of the circulating market value, which is below the 40th percentile level over the past year [1] - On the same day, Aihua Group repaid 400 shares of securities lending and sold 200 shares, with a selling amount of 3,366 yuan. The securities lending balance was 27,430 yuan, also below the 50th percentile level over the past year [1] Group 3 - As of September 30, Aihua Group had 25,700 shareholders, an increase of 15.62% from the previous period, while the average circulating shares per person decreased by 13.51% to 15,617 shares [2] - For the period from January to September 2025, Aihua Group reported operating revenue of 2.944 billion yuan, a year-on-year decrease of 0.73%, while the net profit attributable to shareholders increased by 11.59% to 221 million yuan [2] - Since its A-share listing, Aihua Group has distributed a total of 1.657 billion yuan in dividends, with 285 million yuan distributed in the last three years [2] Group 4 - As of September 30, 2025, the fourth largest circulating shareholder of Aihua Group was Hong Kong Central Clearing Limited, holding 3.2509 million shares, a decrease of 1.8295 million shares from the previous period. New shareholders included Guoshou Anbao Smart Life Stock A and Western Lide New Direction Mixed A [2]

Core Viewpoint - Hunan Aihua Group Co., Ltd. has completed the registration of changes in business operations and has received a new business license following the approval of various resolutions by its board and shareholders [1] Group 1: Corporate Changes - The company held its sixth board meeting and fourth extraordinary shareholders' meeting on August 28 and September 16, 2025, respectively, to approve changes in share repurchase purposes, capital reduction, and amendments to the company’s articles of association [1] - The company has completed the filing of its articles of association and the registration of changes with the market supervision administration, obtaining a new business license [1] Group 2: Business Information - The company’s new business license includes the following details: - Unified Social Credit Code: 91430900616681350F - Name: Hunan Aihua Group Co., Ltd. - Type: Joint-stock company (listed, natural person investment or control) - Legal Representative: Ai Lihua - Registered Capital: 39,877,986.60 CNY - Establishment Date: December 29, 1993 - Address: Taohualun East Road, Yiyang City [1] Group 3: Business Scope - The company’s business scope includes: - Manufacturing and sales of capacitors and supporting equipment - Manufacturing and sales of electronic components and electromechanical components - Research and development, manufacturing, and sales of electronic special materials - Investment activities using self-owned funds [1]

证券代码：603989 证券简称：艾华集团 公告编号：2025-050 （除依法须经批准的项目外，凭营业执照依法自主开展经营活动） 特此公告。 湖南艾华集团股份有限公司 关于完成工商变更登记并换发营业执照的公告 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。 湖南艾华集团股份有限公司（以下简称"公司"）分别于 2025 年 8 月 28 日、2025 年 9 月 16 日召开第六届董事会第六次会议、2025 年第四次临时股东大会，审议通过了 《关于变更回购股份用途并注销暨减少注册资本的议案》《关于变更公司经营范围的议 案》《关于修订<公司章程>并授权办理工商变更登记的议案》，具体内容详见公司于 2025 年 8 月 30 日在上海证券交易所网站（www.sse.com.cn）上发布的《关于变更回 购股份用途并注销暨减少注册资本的公告》（公告编号：2025-038）《关于减少注册资 本、变更经营范围、取消监事会、修订<公司章程>及公司部分制度并授权办理工商变更 登记的公告》（公告编号：2025-039）。 近日，公司已完成《公司 ...

Core Viewpoint - As of November 19, a total of 84 stocks in the Shanghai and Shenzhen markets have experienced net financing inflows for five consecutive days or more, indicating strong investor interest in these stocks [1] Group 1: Stocks with Notable Financing Inflows - The stock with the longest consecutive net inflow is Jidian Co., which has seen net buying for 14 consecutive trading days [1] - Other stocks with significant consecutive net inflows include BOE Technology Group, Huaneng International, Shibao Detection, Xingrong Environment, Kanghua Biology, Aihua Group, Yinlong Co., and Tubao [1]

Core Insights - On November 18, Aihua Group's stock increased by 0.94%, with a trading volume of 69.2952 million yuan [1] - The company reported a financing buy-in of 9.7495 million yuan and a net financing buy of 1.7329 million yuan on the same day [1] - As of November 18, the total financing and securities lending balance for Aihua Group was 158 million yuan, which is 2.30% of its market capitalization [1] Financing Summary - Aihua Group's financing buy on November 18 was 9.7495 million yuan, with a current financing balance of 158 million yuan, which is below the 40th percentile level over the past year [1] - The company had a securities lending activity on November 18, with 100 shares repaid and 500 shares sold, amounting to 8,590 yuan at the closing price [1] - The securities lending balance was 392,900 yuan, exceeding the 60th percentile level over the past year, indicating a higher level of short selling [1] Business Performance - As of September 30, Aihua Group had 25,700 shareholders, an increase of 15.62% from the previous period, while the average circulating shares per person decreased by 13.51% to 15,617 shares [2] - For the period from January to September 2025, Aihua Group achieved operating revenue of 2.944 billion yuan, a year-on-year decrease of 0.73%, while the net profit attributable to shareholders increased by 11.59% to 221 million yuan [2] - Since its A-share listing, Aihua Group has distributed a total of 1.657 billion yuan in dividends, with 285 million yuan distributed over the past three years [2] Shareholding Structure - As of September 30, 2025, the largest circulating shareholder was Hong Kong Central Clearing Limited, holding 3.2509 million shares, a decrease of 1.8295 million shares from the previous period [2] - New shareholders included Guoshou Anbao Smart Life Stock A and Western Lide New Trends Mixed A, holding 2.9 million shares and 1.2003 million shares, respectively [2] - Two funds,招商量化精选股票发起式A and 大成竞争优势混合A, exited the top ten circulating shareholders list [2]

Core Viewpoint - The company, Aihua Group, currently does not produce MLCC products and is focusing on the development of aluminum electrolytic capacitors, film capacitors, electrode foils, and metallized films while advancing research on emerging technologies [1]. Group 1 - Investors inquired about the sales performance of MLCC products for the first three quarters compared to the same period last year [1]. - Aihua Group confirmed that it has not yet produced MLCC products [1]. - The company is actively promoting the iterative research and development of its existing market products [1].

Core Viewpoint - The company, Aihua Group, has not supplied its power and lighting products for domestic cultural tourism projects despite the growing importance of the ice and snow economy and cultural tourism industry in expanding domestic demand [1]. Group 1 - Investors inquired about the company's involvement in supplying products for domestic cultural tourism projects [1]. - Aihua Group's products are primarily used in sectors such as new energy vehicles, renewable energy, industrial control, power grid equipment, consumer appliances, communication, data centers, and AI computing [1]. - The company has not directly applied its products to cultural tourism projects [1].

Core Viewpoint - The company, Hunan Aihua Group Co., Ltd., is set to hold a Q3 2025 earnings presentation on November 21, 2025, to discuss its operational results and financial status with investors [2][3]. Group 1: Meeting Details - The earnings presentation will take place on November 21, 2025, from 10:00 AM to 11:00 AM [6]. - The meeting will be conducted in an online text interaction format via the website www.ir-online.cn [6]. - Investors can submit questions before the meeting through a designated website or via email until November 20, 2025, at 4:00 PM [5][6]. Group 2: Participants - Key participants from the company include Chairman Mr. Ai Lihua, President Ms. Ai Liang, Independent Director Mr. Deng Zhonghua, Secretary of the Board Ms. Ai Yan, and Chief Financial Officer Mr. Fan Ruiman [4]. Group 3: Contact Information - For inquiries, investors can contact the company's securities department via phone at 0737-6183891 or email at xiang.yang@aihuaglobal.com [7].

关于召开 2025 年第三季度业绩说明会的公告 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： 会议问题征集：投资者可于 2025 年 11 月 20 日（星期四）16:00 前， 一是通过访问网址 https://eseb.cn/1sXgWXMJlF6 或使用微信扫描下文中小程 序码进行会前提问；二是通过公司邮箱 xiang.yang@aihuaglobal.com 进行提问。 公司将通过本次业绩说明会，在信息披露允许范围内就投资者普遍关注的问题 进行回答。 湖南艾华集团股份有限公司（以下简称"公司"）已于 2025 年 10 月 31 日发布公司 2025 年第三季度报告，为便于广大投资者更全面深入地了解公司 2025 年第三季度经营成果、财务状况，公司计划于 2025 年 11 月 21 日（星期 五）上午 10:00-11:00 举行 2025 年第三季度业绩说明会，就投资者关心的问题 进行交流。 一、 说明会类型 本次投资者说明会以网络文字互动形式召开，公司将针对 2025 年第三季 度的经营成果及财 ...

Core Points - The company, Hunan Aihua Group Co., Ltd., has approved the change of the purpose of repurchased shares and their cancellation, totaling 2,350,743 shares, which accounts for 0.59% of the current total share capital [1][4][7] - Following the cancellation, the total share capital will decrease from 401,130,603 shares to 398,779,860 shares, and the registered capital will also decrease from 401,130,603 yuan to 398,779,860 yuan [1][5][7] - The cancellation of the repurchased shares is scheduled to be completed on November 6, 2025 [1][5] Summary of Share Repurchase - The company initially approved a share repurchase plan on September 28, 2021, allowing for the repurchase of between 1,250,000 and 2,500,000 shares at a maximum price of 40.00 yuan per share [2][3] - The maximum repurchase price was later adjusted to 39.70 yuan per share, with the repurchase quantity range updated to 1,259,446 to 2,518,891 shares [2] - As of September 27, 2022, the company successfully repurchased 2,350,743 shares at an average price of 32.27 yuan per share, totaling approximately 75.86 million yuan [3] Change of Purpose for Repurchased Shares - The purpose of the repurchased shares has been changed from "to implement an equity incentive plan" to "to cancel and reduce registered capital" [4][5] - This decision is based on the company's confidence in its future development and aims to enhance long-term investment value and shareholder confidence [4] Impact of Share Cancellation - The cancellation of shares will not significantly impact the company's financial status, operational results, or debt repayment ability [7] - The shareholding structure will remain stable, with no changes to the controlling shareholder or actual controller [7]