Market Overview - The Shanghai Composite Index closed at 4114.00 points, above the annual line, with a change of 0.29% [1] - The total trading volume of A-shares reached 27,322.16 million yuan [1] Stocks Breaking Annual Line - A total of 129 A-shares have surpassed the annual line today [1] - Notable stocks with significant deviation rates include: - Xinlicheng (8.92%) - Junzheng Group (8.59%) - Tiandi Online (7.60%) [1] Stock Performance Details - The following stocks showed notable performance: - Xinlicheng: Today's change of 9.83%, turnover rate of 9.53%, latest price at 2.57 yuan [1] - Junzheng Group: Today's change of 8.68%, turnover rate of 5.01%, latest price at 5.76 yuan [1] - Tiandi Online: Today's change of 9.99%, turnover rate of 7.71%, latest price at 20.26 yuan [1] - Other stocks with smaller deviation rates include: - Hemai Co., Ltd. - Wukuang Capital - Huadian Liaoning Energy [1]

Group 1 - The core viewpoint of the news is that HeMai Co., Ltd. has shown a positive stock performance with a 4.38% increase year-to-date and a 10.73% increase over the past 20 trading days, despite a slight decline of 0.35% over the past 60 days [2] - As of January 19, the stock price reached 105.20 CNY per share, with a market capitalization of 13.053 billion CNY and a trading volume of 80.6063 million CNY [1] - The company reported a revenue of 1.323 billion CNY for the period from January to September 2025, reflecting a year-on-year growth of 4.57%, while the net profit attributable to shareholders decreased by 124.07% to -59.1154 million CNY [2] Group 2 - HeMai Co., Ltd. specializes in the research, manufacturing, and sales of power conversion equipment, including photovoltaic inverters and energy storage inverters, with its main revenue sources being micro-inverters and monitoring equipment (44.39%), photovoltaic power generation systems (34.92%), and energy storage systems (18.70%) [2] - The company has distributed a total of 1.306 billion CNY in dividends since its A-share listing, with 1.186 billion CNY distributed over the past three years [3] - 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]

Core Viewpoint - The company, HeMai Co., Ltd. (688032.SH), has not yet applied its products in the field of space photovoltaics but is monitoring developments in this area [2] Group 1 - An investor inquired about the company's products' applicability in space photovoltaics [2] - The company responded that its products are currently not used in space photovoltaics [2] - The company will continue to pay attention to advancements in the relevant field [2]

Group 1 - The core transaction of HeMai Co., Ltd. on January 6 involved a block trade of 65,000 shares, amounting to 6.7743 million yuan, with a transaction price of 104.22 yuan per share [2][3] - The buyer of the block trade was from China Merchants Securities Co., Ltd., Beijing Jinghui Street Securities Branch, while the seller was from CITIC Securities Co., Ltd. Headquarters (non-business location) [2][3] - HeMai Co., Ltd. closed at 104.22 yuan, reflecting a 2.94% increase, with a daily turnover rate of 1.07% and a total trading volume of 138 million yuan, indicating a net inflow of main funds amounting to 8.9078 million yuan for the day [2][3] Group 2 - The latest margin financing balance for HeMai Co., Ltd. is 345 million yuan, with a recent increase of 117,500 yuan, representing a growth rate of 0.03% [3] - Over the past five days, the stock has accumulated a total increase of 6.82%, with a total net inflow of funds amounting to 24.9673 million yuan [2]

Group 1 - The core transaction of HeMai Co., Ltd. involved a block trade of 65,000 shares on January 6, with a total transaction value of 6.7743 million yuan, accounting for 4.68% of the total trading volume for that day [1][2] - The transaction price was 104.22 yuan per share, which remained unchanged compared to the market closing price of 104.22 yuan [1][2]

格隆汇1月4日丨禾迈股份(688032.SH)公布，截至2025年12月31日，公司通过上海证券交易所交易系统 以集中竞价交易方式回购公司股份18万股，占公司总股本124,073,545股的比例为0.15%，回购成交的最 高价为98.92元/股，最低价为93.63元/股，成交总金额为17,358,244.75元(不含印花税、交易佣金等交易 费用)。 ...

Group 1 - The company, HeMai Co., announced a share buyback of 180,000 shares, representing 0.15% of its total share capital, as of December 31, 2025 [1] - The buyback was conducted through the Shanghai Stock Exchange's centralized bidding system, with a total transaction amount of approximately 17.36 million yuan [1] - The highest buyback price was 98.92 yuan per share, while the lowest was 93.63 yuan per share [1]

| 回购方案首次披露日 | 2025/10/30 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 2025 年 10 月 | 10 | 月 | 29 | 日~2026 | 年 | 28 | 日 | | 预计回购金额 | 10,000万元~20,000万元 | | | | | | | | | 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 | | | | | | | | | | □为维护公司价值及股东权益 | | | | | | | | | 累计已回购股数 | 18万股 | | | | | | | | | 累计已回购股数占总股本比例 | 0.15% | | | | | | | | | 累计已回购金额 | 1,735.82万元 | | | | | | | | | 实际回购价格区间 | 93.63元/股~98.92元/股 | | | | | | | | 证券代码：688032 证券简称：禾迈股份 公告编号：2026-001 杭州禾迈电力电子股份有限公司 关于股份 ...

Core Viewpoint - The company plans to repurchase shares starting from October 29, 2025, with an estimated amount of 100 to 200 million yuan for employee stock ownership or equity incentives [1] Summary by Categories Share Repurchase Plan - The company will initiate a share repurchase program from October 29, 2025, with a budget of 100 to 200 million yuan [1] - The repurchase period is set to last until October 28, 2026 [1] Current Repurchase Status - As of December 31, 2025, the company has repurchased 180,000 shares, which accounts for 0.15% of the total share capital [1] - The total amount spent on the repurchase so far is 17.3582 million yuan, with individual share prices ranging from 93.63 to 98.92 yuan [1] Future Actions - The company will continue to implement the repurchase according to regulations and will disclose information as required [1]

Group 1 - The core stock price of HeMai Co., Ltd. increased by 2.02% to 98.61 CNY per share, with a market capitalization of 12.235 billion CNY as of December 26 [1] - The company has experienced a year-to-date stock price decline of 9.92%, with a recent 5-day increase of 2.72% and a 20-day decline of 0.16% [2] - HeMai Co., Ltd. specializes in the research, manufacturing, and sales of power conversion equipment, including photovoltaic inverters and energy storage inverters, with main business revenue composition being 44.39% from micro-inverters and monitoring equipment, 34.92% from photovoltaic power generation systems, and 18.70% from energy storage systems [2] Group 2 - As of September 30, the number of shareholders for HeMai Co., Ltd. increased by 3.82% to 10,200, with an average of 12,134 circulating shares per person, a decrease of 3.68% [2] - For the period from January to September 2025, HeMai Co., Ltd. achieved operating revenue of 1.323 billion CNY, representing a year-on-year growth of 4.57%, while the net profit attributable to the parent company was -59.1154 million CNY, a decrease of 124.07% year-on-year [2] - The company has distributed a total of 1.306 billion CNY in dividends since its A-share listing, with 1.186 billion CNY distributed over the past three years [3]