证券代码：688472 证券简称：阿特斯 公告编号：2025-054 阿特斯阳光电力集团股份有限公司 关于以集中竞价交易方式回购股份的进展公告 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。 重要内容提示： 限公司关于以集中竞价交易方式回购股份的回购报告书》。 因实施 2024 年年度权益分派，公司本次回购股份价格上限由不超过人民币 21.42 元/股（含）调整为不超过人民币 21.33 元/股（含）。具体内容详见公司于 2025 年 7 月 2 日在上海证券交易所网站（http://www.sse.com.cn）披露的《阿特 斯阳光电力集团股份有限公司关于实施 2024 年年度权益分派后调整回购股份价 格上限的公告》（公告编号：2025-034）。 二、回购股份的进展情况 根据《上市公司股份回购规则》《上海证券交易所上市公司自律监管指引第 7 号—回购股份》等相关规定，公司在回购股份期间，应当在每个月的前三个交易 日内披露截至上月末的回购进展情况。现将公司回购进展情况公告如下： 2025 年 10 月，公司通过上海证券交易所 ...

Group 1 - The core point of the article is that Arctech (SH 688472) announced a share buyback plan, repurchasing approximately 34.91 million shares, which accounts for 0.95% of the total share capital, with a total expenditure of around 340 million RMB [1] - The share buyback was conducted through the Shanghai Stock Exchange trading system, with the highest transaction price at 12.25 RMB per share and the lowest at 8.34 RMB per share [1] - For the year 2024, Arctech's revenue composition shows that the photovoltaic industry accounts for 98.37% of its total revenue, while other businesses contribute 1.63% [1] Group 2 - As of the report, Arctech's market capitalization stands at 65.4 billion RMB [2] - The article highlights a significant increase in overseas orders for the photovoltaic industry, which surged by 246%, covering over 50 countries and regions [2] - There is a warning from entrepreneurs regarding potential malicious competition in the industry, as some companies are reportedly selling at a loss [2]

Summary of Key Points Core Viewpoint - A total of 51 stocks in the A-share market experienced block trading today, with a total transaction value of 2.754 billion yuan, indicating active trading in the market [1]. Group 1: Trading Activity - The top three stocks by transaction value were CICC (12.99 billion yuan), Zhongwei Company (3.97 billion yuan), and Chunfeng Power (1.56 billion yuan) [1]. - Among the stocks traded, 6 were at par, 4 at a premium, and 41 at a discount [1]. Group 2: Premium and Discount Rates - The stocks with the highest premium rates were Bid Technology (11.14%), AVIC Chengfei (10.3%), and Hongwei Technology (3.75%) [1]. - The stocks with the highest discount rates were Longzhu Technology (31.56%), Renxin New Materials (19.96%), and Guoguang Chain (18.18%) [1]. Group 3: Institutional Trading - The ranking of institutional buy amounts showed CICC leading with 12.99 billion yuan, followed by Zhongwei Company (2.94 million yuan) and Chunfeng Power (1.56 million yuan) [2]. - CICC also topped the institutional sell amounts at 12.99 billion yuan, with Hongchuang Holdings following at 10.075 million yuan [2].

Core Viewpoint - The company, Arctech (688472.SH), has announced a share buyback program, indicating a strategic move to enhance shareholder value and confidence in the company's future prospects [1] Summary by Categories Share Buyback Details - As of October 31, 2025, the company has repurchased a total of 34.9122 million shares, which represents 0.95% of the company's total share capital [1] - The highest price at which shares were repurchased was 12.25 RMB per share, while the lowest price was 8.34 RMB per share [1] - The total amount of funds used for the buyback was 340 million RMB, excluding transaction costs such as stamp duty and commissions [1]

Core Viewpoint - The company, Arctech (688472.SH), has announced a share buyback program, indicating a strategic move to enhance shareholder value and confidence in the company's future prospects [1] Summary by Categories Share Buyback Details - As of October 31, 2025, the company has repurchased a total of 34.9122 million shares, which represents 0.95% of the company's total share capital [1] - The highest price at which shares were repurchased was 12.25 RMB per share, while the lowest price was 8.34 RMB per share [1] - The total amount of funds used for the buyback was 340 million RMB, excluding transaction costs such as stamp duty and trading commissions [1]

| 交易日期 | 证券简称 | 证券代码 | | | 成交价(元) 成交金额(万元) 成交量( *) 买入营业部 | | 类出管业部 | 是否为专场 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 2025-11-04 | 阿特斯 | 688472 | 15.3 | 1530 | 100 | 机构专用 | ទី​មួយ​ដែល​ | | 图 | | 2025-11-04 | 阿特斯 | 688472 | 15.3 | 1530 | 100 | 机构专用 | 委員会委员出席暨 | | Ka | 11月4日，阿特斯大宗交易成交200万股，成交额3060万元，占当日总成交额的0.88%，成交价15.3元， 较市场收盘价17.73元折价13.71%。 ...

格隆汇11月4日丨阿特斯(688472.SH)公布，截至2025年10月31日，公司通过上海证券交易所交易系统以 集中竞价交易方式累计回购公司股份3491.22万股，占公司总股本的比例为0.95%，回购成交的最高价为 12.25元/股，最低价为8.34元/股，回购使用的资金总额为人民币3.4亿元（不含印花税、交易佣金等交易 费用）。 ...

Core Viewpoint - The company, Arctech (688472.SH), has announced a share buyback program, indicating a strategic move to enhance shareholder value through repurchasing its own shares [1] Summary by Categories Share Buyback Details - As of October 31, 2025, the company has repurchased a total of 34.9122 million shares, which represents 0.95% of the total share capital [1] - The highest price at which shares were repurchased was 12.25 CNY per share, while the lowest price was 8.34 CNY per share [1] - The total amount of funds used for the buyback was 340 million CNY, excluding transaction costs such as stamp duty and trading commissions [1]

Market Overview - The photovoltaic equipment sector experienced a decline of 3.03% on November 4, with Hongyuan Green Energy leading the drop [1] - The Shanghai Composite Index closed at 3960.19, down 0.41%, while the Shenzhen Component Index closed at 13175.22, down 1.71% [1] Stock Performance - Notable gainers in the photovoltaic equipment sector included: - Qingyuan Co., Ltd. with a closing price of 14.29, up 3.93% [1] - ST Quanwei with a closing price of 13.26, up 2.79% [1] - Yuan Tewei with a closing price of 45.05, up 2.32% [1] - Major decliners included: - Hongyuan Green Energy with a closing price of 29.77, down 7.26% [2] - Sunshine Power with a closing price of 187.19, down 6.16% [2] - Juhe Materials with a closing price of 55.42, down 5.49% [2] Capital Flow - The photovoltaic equipment sector saw a net outflow of 3.817 billion yuan from institutional investors, while retail investors contributed a net inflow of 2.081 billion yuan [2] - The capital flow for specific stocks showed: - Aters received a net inflow of 214 million yuan from institutional investors [3] - Qingyuan Co., Ltd. had a net inflow of 41.71 million yuan from institutional investors [3] - ST Quanwei experienced a net inflow of 573.87 thousand yuan from institutional investors [3]

Investment Rating - The report maintains a "Recommended" rating for the company [6]. Core Views - The company focuses on profit-first strategies and has a strong growth in energy storage business [2][3]. - The company has achieved a global module shipment of 19.9GW in the first three quarters of 2025, with a third-quarter shipment of 5.1GW [2]. - The company has a robust order reserve in the energy storage segment, with a total order amount of approximately $3 billion as of June 30, 2025 [3]. - The company has demonstrated strong operating cash flow, with a net cash flow from operating activities of approximately 5.5 billion yuan, a year-on-year increase of 120.9% [3]. Financial Performance Summary - For the first three quarters of 2025, the company reported a revenue of 31.27 billion yuan, a year-on-year decrease of 8.51%, and a net profit attributable to shareholders of 989 million yuan, down 49.41% year-on-year [1]. - In Q3 2025, the company achieved a revenue of 10.22 billion yuan, a year-on-year decrease of 16.38%, and a net profit of 258 million yuan, down 63.96% year-on-year [1]. - The company expects revenues for 2025-2027 to be 39.169 billion, 45.891 billion, and 55.148 billion yuan, with corresponding growth rates of -15.2%, 17.2%, and 20.2% [4]. - The projected net profit for the same period is 1.372 billion, 2.910 billion, and 3.718 billion yuan, with growth rates of -38.9%, +112.0%, and +27.8% respectively [4].