Core Viewpoint - The announcement details a share reduction plan by a significant shareholder of Jiangxi Hongbo New Materials Co., Ltd., indicating a potential decrease in shareholding and its implications for the company’s stock structure and governance [2][3][11]. Shareholder Holding Situation - Newyu Baolong Project Investment Center (Limited Partnership) holds 27,781,546 shares, representing 4.27% of the company's total shares [2]. Reduction Plan Details - Newyu Baolong plans to reduce its holdings by up to 19,500,000 shares, not exceeding 3.00% of the total share capital, within three months starting from November 27, 2025, through centralized bidding and/or block trading [3][5]. Shareholder Commitment - The shareholder has made commitments regarding the holding period and conditions for share reduction, including a prohibition on transferring shares within 12 months of the stock's listing and maintaining a minimum selling price [6][7]. Compliance with Regulations - The reduction plan complies with relevant laws and regulations, ensuring that it does not lead to a change in control of the company [11][12]. Risk Factors - The implementation of the reduction plan carries uncertainties related to market conditions and share price, which may affect the timing and quantity of shares sold [10].

Core Insights - On November 4, six A-share listed companies disclosed share buybacks, including Huakai Yibai, Midea Group, and Ningde Times [1] - Seventeen A-share listed companies announced share reductions, including Yinghe Technology and Tianhe Solar [1] Buyback Summary - Huakai Yibai: Director Zhuang Junchao plans to buy back at least 30 million yuan worth of shares [2] - Midea Group: Has repurchased A-shares totaling 9.575 billion yuan [2] - Qingyue Technology: Actual controller Gao Yudi proposed a buyback of 10 million to 20 million yuan [2] - Shenzhen Ruijie: Obtained a commitment letter for a special loan for stock buyback [2] - Ningde Times: As of October 31, has repurchased 15.9908 million shares for a total amount of 4.386 billion yuan [2] - Huarong Co.: Plans to buy back shares worth 40 million to 125 million yuan [2] Reduction Summary - Yinghe Technology: Director Wang Jun plans to reduce holdings by no more than 2,700 shares [2] - Shenzhou Information: Shareholder Shen Chang Technology has completed the reduction of 9.5 million shares [2] - Tianhe Solar: Youze Venture Capital reduced holdings by 12.4749 million shares from September 5 to November 3 [2] - Hongbai New Materials: Shareholder Xinyu Baolong plans to reduce no more than 3% of shares [2] - Guobo Electronics: Shareholder Zhongdian Ke Guomi plans to reduce no more than 2% of shares [2] - Aorite: Shareholder Tiantai Boren plans to reduce no more than 0.25% of shares [2] - Yinuosi: Shareholder Zhangjiang Biomedical Base plans to transfer 4.2294 million shares, accounting for 3% of total equity [2] - Founder Securities: Third-largest shareholder China Cinda plans to reduce no more than 1% of shares [2] - Nine Company: Depository receipt holders plan to reduce no more than 0.04% of depository receipts [2] - Ningbo Zhongbai: Shareholder Zhang Jiangbo plans to reduce no more than 1% of shares [2] - Fudan Zhangjiang: Shareholder Yang Zongmeng plans to reduce no more than 1% of shares [2] - Liqun Co.: Director and executive Hu Peifeng plans to reduce no more than 0.08% of shares [2] - Suli Co.: Shareholder Jiesheng Investment plans to reduce no more than 0.48% of shares [2] - Shengkong Co.: Shareholder More Light plans to reduce no more than 2% of shares [2] - Ruihua Tai: Shareholder Hangke New Century plans to reduce no more than 1% of shares [2] - Shentong Technology: Directors Wang Huan and Zhou Baocong plan to reduce no more than 0.0473% of shares [2] - Huapei Niuwu: Shareholder Guoshou Chengda plans to reduce no more than 2% of shares [2]

Summary of Key Points Core Viewpoint - Several shareholders across various companies are planning to reduce their stakes, indicating potential shifts in ownership dynamics within the market [1]. Group 1: Shareholder Reductions - Hongbo New Materials' shareholder, Xinyu Baolong, intends to reduce its stake by 3% [1]. - Dayilong's shareholder, Lefeng Investment, has reduced its stake by 3% [1]. - Ningbo Zhongbai's Zhang Jiangbo plans to reduce his stake by 1% [1]. - Founder Securities reports that China Cinda plans to reduce its stake by 1% within three months [1]. - Liqun Co., Ltd.'s director, Hu Peifeng, intends to reduce his stake by 0.08% [1]. - Suli Co., Ltd.'s Guosheng Investment plans to reduce its stake by 0.4816% [1]. - Jinzhen Co., Ltd.'s Zhao Jian and Xu Minbo have reduced their stakes by 0.98% and 0.11%, respectively [1]. - Shenkong Technology's Wang Huan and Zhou Baocong plan to reduce their stakes by up to 0.0263% and 0.0210% within three months [1]. - Huaxi Biological's shareholder, Guoshou Chengda, plans to reduce its stake by no more than 2% [1]. - Xuanta Pharmaceutical's Qihe Venture has reduced its stake by 0.7098% [1]. - Desheng Technology's actual controller, Guo Xiaobin, has reduced his stake by 0.51% [1]. - Liren Technology's Liren Investment has reduced its stake by 0.0779% [1]. Group 2: Shareholder Increases - Zhongju Gaoxin's Li Ruxiong has increased his stake by 0.0129% [1].

| 证券代码：605366 | 证券简称：宏柏新材 | 公告编号：2025-093 | | --- | --- | --- | | 债券代码：111019 | 债券简称：宏柏转债 | | 江西宏柏新材料股份有限公司 关于股东减持股份计划公告 本公司董事会、全体董事及相关股东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： 股东持股的基本情况 江西宏柏新材料股份有限公司（以下简称"公司"）股东新余市宝隆项 目投资中心（有限合伙）[曾用名新余市宝隆企业管理中心（有限合伙）， 以下简称"新余宝隆"）]持有公司股份 27,781,546 股，占公司当前股 份总数的 4.27%。上述股份为新余宝隆在公司首次公开发行股票并上市 前取得及公司上市后以资本公积转增股本的股份。 减持计划的主要内容 新余宝隆拟在本减持计划披露之日起 15 个交易日后的 3 个月内（即 2025 年 11 月 27 日～2026 年 2 月 26 日）通过集中竞价和/或大宗交易 方式减持本公司股份不超过 19,500,000 股，合计不超过公司总股本的 3.00%。 | ...

Core Viewpoint - The company Hongbo New Materials (605366.SH) announced that its shareholder Xinyu Baolong plans to reduce its stake by up to 19.5 million shares, representing a maximum of 3.00% of the company's total share capital, between November 27, 2025, and February 26, 2026 [1] Summary by Category - Shareholder Action - Xinyu Baolong intends to reduce its holdings through centralized bidding and/or block trading [1] - The maximum number of shares to be sold is 19.5 million [1] - This reduction will account for no more than 3.00% of the total share capital of the company [1]

Core Viewpoint - The company Hongbo New Materials (605366.SH) announced that its shareholder Xinyu Baolong plans to reduce its shareholding by up to 19.5 million shares, which accounts for no more than 3.00% of the company's total share capital, between November 27, 2025, and February 26, 2026 [1] Summary by Category - Shareholder Action - Xinyu Baolong intends to reduce its stake in Hongbo New Materials through centralized bidding and/or block trading [1] - The maximum number of shares to be sold is 19.5 million [1] - This reduction represents a maximum of 3.00% of the total share capital of the company [1]

Core Viewpoint - Hongbo New Materials (605366.SH) reported a decline in institutional ownership in its third-quarter report for 2025, with a total of 3.57 billion shares held by seven institutional investors, representing 54.99% of the total share capital, a decrease of 2.82 percentage points from the previous quarter [1] Institutional Ownership - As of October 30, 2025, seven institutional investors disclosed holdings in Hongbo New Materials, totaling 3.57 billion shares, which accounts for 54.99% of the company's total share capital [1] - The institutional investors include Hongbo Chemical Co., Ltd., Hongbo (Asia) Group Co., Ltd., Nanchang Longhou Industrial Co., Ltd., and others [1] - The overall institutional ownership percentage decreased by 2.82 percentage points compared to the previous quarter [1] Public Fund Holdings - One public fund, Everbright Baodexin Anyang One-Year Mixed A, increased its holdings compared to the previous period, showing a slight rise in ownership [1] - A total of 30 public funds did not disclose their holdings in this period, including notable funds such as CSI 2000, Huatai-PB National Index Enhanced A, and others [1]

Group 1 - The core point of the article is that Hongbo New Materials (605366.SH) reported a decline in revenue and a significant net loss for the third quarter of 2025 [1] Group 2 - The company's operating revenue for the third quarter was 317 million yuan, representing a year-on-year decrease of 4.62% [1] - The net profit attributable to shareholders of the listed company was -45.87 million yuan [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -46.96 million yuan [1]

江西宏柏新材料股份有限公司 2025 年第三季度报告 （一） 主要会计数据和财务指标 单位：元 币种：人民币 | | | 本报告期比 | | 年初至报告期 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 上年同期增 | 年初至报告期末 | 末比上年同期 | | | | 减变动幅度 | | 增减变动幅度 | | | | (%) | | (%) | | 营业收入 | 317,186,474.39 | -4.62 | 1,048,319,051.81 | -1.56 | | 利润总额 | -54,913,908.55 | 不适用 | -87,760,563.74 | 不适用 | | 归属于上市公司股东的 净利润 | -45,870,306.96 | 不适用 | -72,475,807.76 | 不适用 | | 归属于上市公司股东的 扣除非经常性损益的净 | -46,958,460.34 | 不适用 | -79,554,767.70 | 不适用 | | 利润 经营活动产生的现金流 | 不适用 | 不适用 | 14,771,060.85 | -94.87 | 证券代码：6 ...

江西宏柏新材料股份有限公司 | 证券代码：605366 | 证券简称：宏柏新材 | 公告编号：2025-092 | | --- | --- | --- | | 债券代码：111019 | 债券简称：宏柏转债 | | 二、主要产品和原材料的价格变动情况 （一）主要产品价格变动情况 | 主要产品名称 | 2025 | 年 | 1-9 | 月平均销售 | 2024年1-9月平均销 | 变动比例 | | --- | --- | --- | --- | --- | --- | --- | | | | | 单价（元/吨） | | 售单价（元/吨） | | | 硅烷偶联剂 | | | | 12,932.18 | 15,322.31 | -15.60% | | 气相白炭黑 | | | | 14,306.43 | 16,617.30 | -13.91% | （二）主要原材料价格变动情况（不含税） | 主要原料名称 | 2025 年 1-9 | | 月采购均价较 | 2025 | 年 | 1-9 | 月采购均价较 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | ...