Group 1 - The stock of Huaxing Yuanchuang (688001) has a comprehensive score of 52.07, indicating a strong performance [1] - The main cost analysis shows that the current main cost is 25.18 yuan, with a 5-day main cost of 24.90 yuan, a 20-day main cost of 24.75 yuan, and a 60-day main cost of 24.64 yuan [1] - In the past year, the stock has experienced 0 limit-up days and 1 limit-down day [1] Group 2 - On July 11, 2025, the stock price broke through the short-term resistance level of 25.01 yuan, suggesting a potential short-term strength [2] - The short-term support level is at 24.62 yuan, while the mid-term resistance and support levels are at 25.51 yuan and 23.86 yuan, respectively [2] - The net inflow of main funds on July 11, 2025, was 3.88 million yuan, accounting for 7% of the total transaction amount [2]

Core Viewpoint - The company plans to engage in foreign exchange derivative trading to mitigate foreign exchange market risks and enhance financial stability, with a maximum daily trading amount of up to 50 million USD or equivalent currencies [1][2][7]. Group 1: Trading Purpose and Types - The primary purpose of the trading is to effectively hedge against foreign exchange market risks and prevent significant fluctuations in exchange rates from impacting the company's operations [1][2]. - The company intends to conduct various types of foreign exchange derivative transactions, including but not limited to forward contracts, swaps, and options [1][2]. Group 2: Trading Amount and Currency - The maximum daily trading amount for the company and its subsidiaries is set at 50 million USD or equivalent foreign currencies, with the settlement currencies limited to USD, JPY, or other equivalent currencies [1][2][7]. - The trading limit is valid for 12 months from the date of board approval, and the amount can be used in a rolling manner within this period [2][4]. Group 3: Approval Process and Feasibility - The board of directors and the supervisory board approved the proposal for foreign exchange derivative trading on July 1, 2025, and authorized the general manager to execute the transactions [2][4][7]. - The company has established a comprehensive internal control and risk management system to ensure the feasibility of the trading activities, which are based on actual business needs [4][6]. Group 4: Financial Impact and Accounting Treatment - The foreign exchange derivative trading aims to enhance the company's ability to manage foreign exchange volatility risks, thereby protecting the company's operational performance and shareholder interests [6][7]. - The company will account for the foreign exchange derivative transactions in accordance with relevant accounting standards [6].

Core Viewpoint - The announcement details the conversion results and share changes related to the "Hua Xing Convertible Bonds" as of June 30, 2025, highlighting low conversion activity and adjustments in conversion prices over time [1][2][3]. Summary by Sections Convertible Bond Issuance and Conversion Price Adjustments - The "Hua Xing Convertible Bonds" were issued on November 29, 2021, with a total amount of RMB 800 million and a maturity of six years [1]. - The initial conversion price was set at RMB 39.33 per share, which was adjusted to RMB 31.00 on June 10, 2022, following a shareholder meeting [2]. - Subsequent adjustments occurred, with the conversion price changing to RMB 30.76 on October 12, 2022, RMB 30.46 on June 15, 2023, and RMB 30.43 on September 28, 2023 [3][4][5]. Convertible Bond Conversion Status - As of June 30, 2025, a total of RMB 89,109,000 has been converted into 3,400,370 shares, representing 0.7739% of the company's total shares before conversion [1][7]. - The remaining unconverted amount of the "Hua Xing Convertible Bonds" is RMB 710,891,000, which accounts for 88.8614% of the total issuance [1][7]. Share Capital Changes - From April 1, 2025, to June 30, 2025, there were no changes in the share capital due to the conversion of the "Hua Xing Convertible Bonds" [7]. - The total share capital remained at 445,377,843 shares, with no newly issued shares from the conversion [7]. Contact Information - For further details regarding the "Hua Xing Convertible Bonds," investors are directed to the company's disclosure on the Shanghai Stock Exchange [8].

Core Viewpoint - The company has initiated a share repurchase program with a total expected amount between RMB 40 million and RMB 80 million, aimed at employee stock ownership plans or equity incentives [1][2]. Group 1: Share Repurchase Plan - The share repurchase plan was first disclosed on November 15, 2024, and is set to be implemented from November 14, 2024, to November 13, 2025 [1]. - The total amount for the repurchase was adjusted from a minimum of RMB 25 million to a minimum of RMB 40 million, and from a maximum of RMB 50 million to a maximum of RMB 80 million [2]. - The repurchased shares will be used for employee stock ownership plans or equity incentives, rather than reducing registered capital [1]. Group 2: Progress of Share Repurchase - As of June 30, 2025, the company has repurchased a total of 1,210,715 shares, which represents 0.2718% of the total share capital of 445,377,843 shares [2][3]. - The total amount spent on the repurchase is RMB 33,509,939.85, with the highest purchase price being RMB 34.78 per share and the lowest being RMB 22.66 per share [3]. Group 3: Compliance and Future Actions - The company will adhere to relevant laws and regulations regarding share repurchase and will disclose progress on a monthly basis [3]. - The company emphasizes that it will make repurchase decisions based on market conditions and will fulfill its information disclosure obligations in a timely manner [3].

关于开展远期结售汇等外汇衍生品交易业务的公告 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： 证券代码：688001 证券简称：华兴源创 公告编号：2025-033 苏州华兴源创科技股份有限公司 交易目的：为有效规避外汇市场风险，防范汇率大幅波动对公司生产经 营的影响，增强财务稳健性，提高外汇资金使用效率，苏州华兴源创科技股份有 限公司（以下简称"公司"）拟开展远期结售汇等外汇衍生品交易业务； 交易品种：公司拟开展外汇衍生品交易业务，包括但不限于远期业务（远 期结售汇）、掉期业务（外汇掉期、货币掉期、利率掉期）、互换业务（货币互 换、利率互换）、外汇期权业务及其他外汇衍生品业务或上述业务的组合； 交易金额及币种：公司及控股子公司开展外汇衍生品交易业务的单日最 高交易金额不超过 5,000 万美元或其他等值外币，结算币种仅限于公司生产经营 所使用的常用结算货币美元、日元或其他等值外币货币，额度使用期限自董事会 审议通过之日起 12 个月内，上述额度可在期限内循环滚动使用，但期限内任一 时点的交易金额不超过上述已审 ...

证券代码：688001 证券简称：华兴源创 公告编号：2025-032 一、监事会会议召开情况 苏州华兴源创科技股份有限公司（下称"公司"）第三届监事会第六次会议于 2025 年 7 月 1 日下午在公司会议室召开。本次会议的通知于 2025 年 6 月 25 日以书面方式送 达全体监事。会议由监事会主席江斌先生召集并主持，应参加监事 3 名，实际参加监事 3 名，公司董事会秘书冯秀军先生列席了本次会议。本次会议的召集、召开方式符合《公 司法》等法律法规及《公司章程》的规定。 二、监事会会议审议情况 1、审议通过《关于开展远期结售汇等外汇衍生品交易业务的议案》 经审议，监事会认为公司及控股子公司开展外汇衍生品交易业务可以降低汇率波动 对公司经营业绩的影响，符合公司正常生产经营需要，且公司董事会审议该事项的程序 合法合规，符合相关法律法规的规定，不存在损害上市公司利益的情形，因此同意公司 （含控股子公司）自本次董事会审议通过之日起 12 个月内开展外汇衍生品交易业务并 签署相关文件，单日最高交易金额不超过 5,000 万美元、日元或其他等值外币，额度使 用期限自董事会审议通过之日起 12 个月内。上述额度可在期 ...

证券代码：688001 证券简称：华兴源创 公告编号：2025-030 苏州华兴源创科技股份有限公司 关于以集中竞价交易方式回购公司股份的进展公告 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。 | 回购方案首次披露日 | 2024/11/15 | | | | --- | --- | --- | --- | | 回购方案实施期限 | 2024 年 11 月 14 日~2025 | 年 11 | 月 13 日 | | 预计回购金额 | 4,000万元~8,000万元 | | | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 □用于转换公司可转债 | | | | 累计已回购股数 | □为维护公司价值及股东权益 1,210,715股 | | | | 累计已回购股数占总股本比例 | 0.2718% | | | | 累计已回购金额 | 33,509,939.85元 | | | | 实际回购价格区间 | 22.66元/股~34.78元/股 | | | 重要内容提示： 一、 回购股份的基本情况 公司将严格按照《上市公司股份 ...

| 证券代码：688001 | 证券简称：华兴源创 | 公告编号：2025-031 | | --- | --- | --- | | 转债代码：118003 | 转债简称：华兴转债 | | 苏州华兴源创科技股份有限公司 关于"华兴转债"转股结果暨股份变动的公告 重要内容提示： ●本季度转股情况："华兴转债"自2022年6月6日起开始进入转股期，自 2025年4月1日起至2025年6月30日，未有"华兴转债"转换为公司股票，转股数 量为0； ●累计转股情况：截至2025年6月30日，"华兴转债"累计有人民币 89,109,000元已转换为公司股票，转股数量为3,400,370股，占"华兴转债"转 股前公司已发行股份总额的0.7739%； ●未转股可转债情况：截至2025年6月30日，"华兴转债"尚未转股的可转 债金额为710,891,000元，占"华兴转债"发行总量的88.8614%。 一、可转债发行上市及转股价格调整情况 经中国证券监督管理委员会证监许可【2021】3553 号文同意注册，苏州华 兴源创科技股份有限公司（以下简称"公司"）于 2021 年 11 月 29 日向不特定对 象发行可转换公司债券（以下 ...

Group 1 - The global smart audio device shipment is expected to exceed 500 million units by 2025, driven by the increasing acceptance of TWS headphones and strong demand from emerging markets like China [1] - China accounts for 30% of the global wearable wristband device market, with a year-on-year growth of 20%, compensating for declines in mature markets [1] - The wearable device market is anticipated to rebound, with growth fueled by the expansion in emerging markets and the popularity of mid-to-low-priced products [1] Group 2 - AI and AR/VR technologies are opening new development paths for wearable devices, enhancing their market scale [1] - Meta is set to launch the Quest3/Pro series in 2024, integrating multi-modal AI assistants and bone conduction audio technology, which will increase attention and development space in the wearable device industry [1] Group 3 - Oulitong has a broad customer base, with significant growth potential in its operating performance, despite a decrease in sales from major clients like Apple due to reduced shipments of headphones and wearable devices [2] - Oulitong is actively expanding its customer base, including new clients like AAC Technologies and Nidec, which will support future performance growth [2] Group 4 - As of early 2025, Oulitong's confirmed orders increased to 203 million, indicating a slight growth from the previous year, although market competition remains intense [3] - The company expects gradual recovery in revenue, although growth rates may slow compared to earlier forecasts [3] Group 5 - Oulitong's operating costs are projected to rise due to increased material costs, labor costs, and manufacturing expenses, with a significant drop in gross margin from 68.25% in 2023 to 50.07% in 2024 [4][5] - The company plans to implement cost-reduction measures, including negotiating with suppliers and optimizing workforce structure, to improve overall gross margin [5] Group 6 - Oulitong's period expenses are expected to decrease as revenue grows, with a focus on controlling sales, management, and R&D expenses [6][7] - The company anticipates that the sales expense ratio will rise due to increased personnel costs, while management and R&D expense ratios will decline as a result of scale effects [8] Group 7 - Oulitong recognized goodwill impairment of 31,046.19 million yuan for 2024, as the recoverable amount of the asset group was lower than its book value [9] - The company's revenue and profit indicators for the first quarter of 2025 align with the expectations set during the goodwill impairment testing [10] Group 8 - Oulitong's accounts receivable increased by 31.01% year-on-year, with a significant rise in short-term receivables, indicating a need for analysis of sales policies and credit policies [13][15] - The increase in accounts receivable despite declining revenue is attributed to the growth in the wearable device business and longer payment cycles from clients [17] Group 9 - Oulitong's inventory at the end of the reporting period was 884 million yuan, with a provision for inventory impairment of 10 million yuan, reflecting a decrease in the impairment ratio [21] - The company has implemented a cautious approach to inventory valuation, leading to a rise in the provision for raw material impairment due to increased aging of specialized materials [22] Group 10 - Oulitong's cash and cash equivalents decreased by 41% year-on-year, with a significant increase in short-term borrowings, indicating a shift in financing strategy [28] - The company maintains sufficient liquidity to cover its debt obligations, with a focus on optimizing cash flow management and maintaining good relationships with financial institutions [34]

Group 1 - The company, Suzhou HYC Technology Co., Ltd., issued convertible bonds totaling RMB 800 million, with a net amount of RMB 787.92 million after deducting issuance costs [3][4][22] - The bonds have a maturity of six years, with an annual interest rate that increases from 0.30% in the first year to 2.00% in the sixth year [5][6] - The initial conversion price was set at RMB 39.33 per share, which has been adjusted down to RMB 26.19 per share due to market conditions [7][27] Group 2 - The company reported a decline in total assets by 5.45% to RMB 526.40 million and a decrease in net assets by 12.99% to RMB 342.40 million as of the end of 2024 [20][21] - The company's revenue for 2024 was RMB 182.26 million, a decrease of 2.07% compared to 2023, with a significant net loss of RMB 49.70 million [20][21] - Research and development expenses accounted for 21.62% of the company's revenue, indicating a strong focus on innovation [19] Group 3 - The company has established itself as a leading provider of industrial automation testing equipment and solutions, with products used in various sectors including LCD, OLED, and semiconductor industries [18][19] - The company has applied for a total of 304 intellectual property rights, with 261 approved, showcasing its commitment to innovation [19] - The company has successfully supplied testing equipment for humanoid robot controllers to overseas clients, indicating growth in its innovative business segment [19]