Core Insights - HeMai Co., Ltd. (688032.SH) released its Q3 2025 financial report on October 30, 2025, indicating significant institutional investor interest in the company [1] - As of October 29, 2025, six institutional investors held a total of 73.1184 million shares, representing 58.93% of HeMai's total share capital, although this marks a decrease of 1.92 percentage points from the previous quarter [1] Institutional Holdings - The institutional investors include Hangkai Holdings Group Co., Ltd., Hainan Xinhai Investment Partnership (Limited Partnership), Zhejiang University Jiuzhi (Hangzhou) Investment Management Co., Ltd., CITIC Securities Co., Ltd., Zhejiang University Youchuang (Hangzhou) Private Fund Management Co., Ltd., and the Fortune Shanghai Stock Exchange Science and Technology Innovation Board Comprehensive Price ETF Link A [1] - The total proportion of shares held by institutional investors decreased by 1.92 percentage points compared to the previous quarter [1] Public Fund Disclosures - In this reporting period, 161 public funds were disclosed, including Southern CSI 500 ETF, Photovoltaic ETF, Tianhong CSI Photovoltaic A, Bosera Science and Technology Innovation 100 ETF, and Agricultural Bank of China New Energy Mixed A [1]

Summary of Stock Buyback Activities on October 30 Core Insights - On October 30, a total of 26 companies announced 27 stock buyback-related updates, indicating a significant activity in the market [1] Group 1: New Buyback Proposals - 16 companies disclosed stock buyback proposals for the first time, with 6 companies proposing buyback amounts exceeding 10 million [1] - The highest proposed buyback amounts were from HeMai Co., Ltd. (up to 200 million), Sanli Shi (60 million), and Minsheng Health (50.544 million) [1] Group 2: Approved Buyback Plans - 2 companies had their buyback plans approved by shareholders, with the highest proposed amounts from Dayu Biological (up to 5.596 million) and New Weiling (20,200) [1] Group 3: Buyback Implementation Progress - 2 companies reported on the implementation of their buyback plans, with the highest amounts from Guyue Longshan (186 million) and Jiayi Co. (99.0246 million) [1] Group 4: Completed Buybacks - 5 companies completed buybacks exceeding 10 million, with the highest completed amounts from Huafa Co. (310 million), Shenzhou Digital (203 million), and Ruoyu Chen (200 million) [1] - As of October 30, a total of 1711 buyback plans have been completed this year, involving 1281 companies, with 330 companies completing buybacks exceeding 100 million [1] - The leading companies in completed buyback amounts include Kweichow Moutai (6 billion), Muyuan Foods (3 billion), and COSCO Shipping Holdings (2.146 billion) [1]

Group 1 - Linyi Intelligent Manufacturing plans to issue H-shares and list on the Hong Kong Stock Exchange [1] - Jindi Co., Ltd. intends to invest 288 million yuan in a digital transformation project for high-end precision bearing retainers [1] - Tengda Construction has won contracts totaling 1.231 billion yuan in the first three quarters [1] Group 2 - Huali Co., Ltd. plans to acquire 51% of Zhongke Huilian's shares to accelerate its digital transformation [1] - Hemai Co., Ltd. intends to repurchase shares worth 100 million to 200 million yuan [1] - Zhongwei Company reported a net profit of 1.211 billion yuan in the first three quarters, a year-on-year increase of 32.66% [1] Group 3 - Greenfield Machinery's shareholder plans to reduce holdings by no more than 3% [1] - Longyuan Power plans to raise no more than 5 billion yuan through a private placement for wind power projects [1][2] - Sains plans to issue convertible bonds to raise no more than 565 million yuan for a project to produce 100,000 tons per year of efficient flotation agents [2]

Core Viewpoint - The company, HeMai Co., Ltd. (688032.SH), plans to repurchase a portion of its issued ordinary shares through a centralized bidding process on the Shanghai Stock Exchange, with a total repurchase fund amounting to no less than RMB 100 million and no more than RMB 200 million, at a price not exceeding RMB 170 per share [1] Summary by Category - **Repurchase Plan** - The company intends to repurchase its ordinary shares through the Shanghai Stock Exchange [1] - The total amount allocated for the repurchase is set between RMB 100 million and RMB 200 million [1] - The maximum price for the repurchased shares is capped at RMB 170 per share [1]

Core Viewpoint - HeMai Co., Ltd. (688032.SH) reported a revenue of 1.323 billion yuan for the first three quarters of 2025, reflecting a year-on-year growth of 4.57% [1] Financial Performance - The net profit attributable to shareholders of the parent company was -59.1154 million yuan, compared to a net profit of 246 million yuan in the same period last year [1] - The basic earnings per share were -0.48 yuan [1]

Group 1 - The company HeMai Co., Ltd. (688032) announced a share repurchase plan, intending to buy back shares worth between 100 million to 200 million yuan [1] - The maximum repurchase price is set at 170 yuan per share [1]

Group 1 - The company plans to repurchase shares through centralized bidding, with a total amount between 100 million and 200 million yuan, and a maximum repurchase price of 170.00 yuan per share, which is 56.38% higher than the current price of 108.71 yuan [1] - The company has seen a cumulative stock price decline of 0.39% 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 3.82% to 10,200, while the average circulating shares per person decreased by 3.68% to 12,134 shares [2] - For the period from January to September 2025, the company achieved operating revenue of 1.323 billion yuan, a year-on-year increase of 4.57%, but reported a net profit attributable to shareholders of -59.1154 million yuan, a decrease of 124.07% year-on-year [2] Group 3 - The company has distributed a total of 1.306 billion yuan in dividends since its A-share listing, with 1.186 billion yuan distributed over the past three years [3]

证券代码：688032 证券简称：禾迈股份 公告编号：2025-054 杭州禾迈电力电子股份有限公司 关于以集中竞价交易方式回购股份的方案暨回购报告书 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： ● 基于对公司未来发展的信心和对公司长期价值的认可，为完善公司长效 激励机制，提高公司员工的凝聚力，同时为了维护广大投资者利益，增强投资者 对公司的投资信心，促进公司长期健康发展，公司拟通过上海证券交易所系统以 集中竞价交易方式回购公司已发行的部分人民币普通股（A股）股份，主要内容 如下： 1、回购股份金额：回购资金总额不低于人民币10,000万元（含），不超过 人民币20,000万元（含）。 2、回购股份资金来源：首发超募资金。 3、回购股份用途：用于员工持股计划或股权激励。 4、回购股份价格：不超过人民币170元/股（含），该价格不高于公司董事 会通过回购决议前30个交易日公司股票交易均价的150%。 2、若发生对公司股票交易价格产生重大影响的重大事项，或其他导致公司 董事会决定终止本次回购方案的事项发生， ...

使用部分超募资金回购股份的核查意见 中信证券股份有限公司（以下简称"中信证券"、"保荐机构"）为杭州禾迈 电力电子股份有限公司（以下简称"公司"、"禾迈股份"）首次公开发行股票并 上市的保荐机构。根据《证券发行上市保荐业务管理办法》《上市公司股份回购 规则》《上海证券交易所科创板股票上市规则》《上海证券交易所科创板上市公司 自律监管指引第 1 号——规范运作》《上海证券交易所上市公司自律监管指引第 7 号——回购股份》（以下简称"《自律监管指引第 7 号》"）等有关规定，对禾迈 股份拟使用部分超募资金回购股份的事项进行了审慎核查，并出具本核查意见。 核查情况如下： 一、募集资金基本情况 根据中国证券监督管理委员会于 2021 年 11 月 9 日出具的《关于同意杭州禾 迈电力电子股份有限公司首次公开发行股票注册的批复》（证监许可〔2021〕3569 号），公司获准向社会公开发行股票 1,000.00 万股，每股发行价格为人民币 557.80 元，共计募集资金 557,800.00 万元，扣除发行费用后，实际募集资金净额为 540,638.39 万元，上述募集资金已经全部到位。天健会计师事务所（特殊普通合 伙） ...

杭州禾迈电力电子股份有限公司 2025 年第三季度报告 证券代码：688032 证券简称：禾迈股份 杭州禾迈电力电子股份有限公司 2025 年第三季度报告 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、准确性和完整性依法承担法律责任。 重要内容提示： 公司董事会及董事、高级管理人员保证季度报告内容的真实、准确、完整，不存在虚假记载、误 导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、主要财务数据 （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 | | 项目 | 本报告期 | 上年同期增 | 年初至报告期末 | 期末比上年 | | | | 减变动幅度 | | 同期增减变 | | | | (%) | | 动幅度(%) | | 营业收入 | 318,018,790.01 ...