Core Insights - The company announced the resignation of core technical personnel, Vice Minister of R&D, Hao Haiyan, due to personal reasons, effective immediately [1] - The company appointed Zhu Qifeng and Ma Shaodong as new core technical personnel to ensure stability and continuity in the R&D and production management teams [1][3] - The management emphasized that the personnel changes will not adversely affect daily operations or ongoing R&D capabilities [3] Personnel Changes - Hao Haiyan, born in 1972, was a senior engineer with a PhD in electronics from Xi'an Jiaotong University and had significant roles in R&D since joining the company in 2018 [1] - Zhu Qifeng, born in 1978, holds a master's degree in engineering and has extensive experience in production operations and yield management, having joined the company in 2012 [3] - Ma Shaodong, born in 1985, has a PhD in engineering and has been with the company since 2013, currently serving as the R&D Minister [3] Financial Performance - For the first three quarters of 2025, the company reported revenue of approximately 4.002 billion yuan, an increase of 8.25% year-on-year [4] - The net profit attributable to shareholders was a loss of approximately 1.37 billion yuan, with Q3 revenue at 1.332 billion yuan, up 2.25% year-on-year, and a net loss of 530 million yuan [4] - The company faces pressures from industry fluctuations and profitability recovery, with personnel adjustments needing to be evaluated in the context of future operational performance [4]

证券代码：688538 证券简称：和辉光电 公告编号：2025-055 上海和辉光电股份有限公司 关于核心技术人员离职暨新增认定核心技术人员的 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、准确性和完整性依法承担法律责任。 重要内容提示： 上海和辉光电股份有限公司（以下简称"公司"）核心技术人员郝海燕女 士因个人原因辞去所任职务，并于近日办理完成离职手续。离职后，郝海燕女士 不再担任公司任何职务。 郝海燕女士所负责的工作已经平稳交接，其离职不会影响公司核心技术 的完整性，不会对公司生产经营带来实质性影响，不会对公司的核心竞争力、业 务发展和产品创新产生重大不利影响。 公司结合朱棋锋、马绍栋先生的任职履历、公司核心技术研发工作需求 及其本人的参与情况等相关因素，新增认定朱棋锋、马绍栋先生为公司核心技术 人员。 一、核心技术人员离职的具体情况 公司核心技术人员郝海燕女士因个人原因辞去所任职务，并于近日办理完成 离职手续。离职后，郝海燕女士不再担任公司任何职务。公司及董事会对郝海燕 女士为公司发展所做出的贡献表示衷心的感谢。 1、核心技术人员的具体情况 ...

Group 1 - The core viewpoint of the articles highlights the growth of the consumer-grade AR/VR glasses market in China, with significant sales increases driven by new product launches and technological advancements [1][2] - CINNO Research reported that in Q3 2025, the sales volume of consumer-grade AR/VR glasses reached 169,000 units, representing a 17% quarter-over-quarter growth and a 57% year-over-year growth [1] - Consumer-grade AR devices were identified as the main growth driver, with sales reaching 130,000 units, marking a 109% year-over-year increase [1] Group 2 - The CSI Consumer Electronics Theme Index (931494) includes 50 listed companies involved in component production and consumer electronics brand design, reflecting the overall performance of the sector [2] - As of October 31, 2025, the top ten weighted stocks in the CSI Consumer Electronics Theme Index accounted for 56.3% of the index, with notable companies including Luxshare Precision, Cambricon, and Industrial Fulian [2] - The Consumer Electronics ETF (561600) closely tracks the CSI Consumer Electronics Theme Index, providing investors with exposure to the performance of the sector [2]

Core Viewpoint - The report details the equity changes of Shanghai Hehui Optoelectronics Co., Ltd., specifically the reduction of shareholding by major shareholders, Shanghai Integrated Circuit Industry Investment Fund Co., Ltd. and Shanghai Technology Venture Investment (Group) Co., Ltd., which has decreased their combined stake from 10.92% to 10% as of November 11, 2025 [15][16]. Group 1: Shareholding Changes - As of November 11, 2025, the shareholders have cumulatively reduced their holdings by 127,526,047 shares, representing approximately 0.92% of the total share capital [15][16]. - The Integrated Circuit Fund plans to reduce its holdings through block trading, with a maximum of 276,188,752 shares, which is up to 2% of the total share capital, during the period from September 18, 2025, to December 17, 2025 [6][16]. - The report confirms that the shareholders have no plans to increase their holdings in the next 12 months [6][7]. Group 2: Regulatory Compliance - The report is prepared in accordance with the Securities Law and the Regulations on the Management of Acquisitions of Listed Companies, ensuring full disclosure of the equity changes [2][15]. - The shareholders affirm that the report does not contain any false records, misleading statements, or significant omissions, and they bear legal responsibility for its accuracy and completeness [2][13]. - The equity change does not trigger a mandatory tender offer and will not affect the control structure or ongoing operations of the company [16].

Core Points - The company, Hehui Optoelectronics, announced a significant reduction in shareholding by a major shareholder, the Integrated Circuit Industry Investment Fund, which has decreased its stake from 10.92% to 10.00% [2] - The total number of shares reduced by the Integrated Circuit Fund and its acting in concert party, Shanghai Science and Technology Venture Investment Group, amounts to 127,526,047 shares, representing approximately 0.92% of the company's total share capital [2] Summary by Category Shareholding Changes - The Integrated Circuit Fund and its concert party have cumulatively reduced their holdings in the company, impacting their ownership percentage significantly [2] - The reduction in shareholding has triggered a change in the equity percentage, touching the 5% integer threshold [2]

上海和辉光电股份有限公司 简式权益变动报告书 上市公司名称：上海和辉光电股份有限公司 信息披露义务人一：上海集成电路产业投资基金股份有限公司 住所或通讯地址：中国（上海）自由贸易试验区春晓路289号1201室A单元 信息披露义务人二：上海科技创业投资（集团）有限公司 住所或通讯地址：中国（上海）自由贸易试验区春晓路289号1201室B单元 股份变动性质：股份减少（持股比例减少至10%） 签署日期：2025年11月11日 股票上市地点：上海证券交易所 股票简称：和辉光电 股票代码：688538 信息披露义务人声明 一、本报告书是根据《中华人民共和国证券法》（以下简称"《证券 法》"）、《上市公司收购管理办法》（以下简称"《收购办法》"）、《公 开发行证券的公司信息披露内容与格式准则第15号——权益变动报告书》（以 下简称"《准则第15号》"）及相关法律、法规和规范性文件编写。 二、信息披露义务人签署本报告书已获得必要的授权和批准，其履行亦不违 反信息披露义务人章程或内部规则中的任何条款，或与之相冲突。 三、依据《证券法》《收购办法》的规定，本报告书已全面披露信息披露义务人在 上海和辉光电股份有限公司中拥有权益的 ...

证券代码：688538 证券简称：和辉光电 公告编号：2025-054 上海和辉光电股份有限公司 本公司董事会及全体董事保证公告内容与信息披露义务人提供的信息一 致。 重要内容提示： | 权益变动方向 | 比例增加□ | 比例减少√ | | --- | --- | --- | | 权益变动前合计比例 | 10.92% | | | 权益变动后合计比例 | 10.00% | | | 本次变动是否违反已作出的承诺、意向、计划 | 是□ | 否√ | | 是否触发强制要约收购义务 | 是□ | 否√ | 一、信息披露义务人及其一致行动人的基本信息 1、身份类别 | | □控股股东/实际控制人及其一致行动人 | | --- | --- | | | √其他 5%以上大股东及其一致行动人 | | 投资者及其一致行动人的身份 | □合并口径第一大股东及其一致行动人（仅适 | | | 用于无控股股东、实际控制人） | | | □其他______________（请注明） | 2、信息披露义务人信息 | 信息披露义务人名称 | | 投资者身份 | 统一社会信用代码 | | --- | --- | --- | --- | | 上海 ...

Core Viewpoint - The company, Hehui Optoelectronics (688538.SH), has received a report regarding a change in equity from its significant shareholder, the Integrated Circuit Fund, indicating a reduction in shareholding [1] Summary by Categories Shareholding Changes - As of November 11, 2025, the Integrated Circuit Fund and its concerted party, Kechuang Investment, have cumulatively reduced their holdings by 128 million shares, representing approximately 0.92% of the company's total share capital [1] - The shareholding percentage of the Integrated Circuit Fund has decreased from 10.92% to 10.00%, touching the 5% threshold [1]

Group 1 - The core transaction on November 11 involved a block trade of 1.7165 million shares of Hehui Optoelectronics-U, with a transaction value of 4.8233 million yuan, at a price of 2.81 yuan, which represents a discount of 0.71% compared to the closing price of the day [2][3] - Over the past three months, Hehui Optoelectronics-U has recorded a total of 22 block trades, amounting to a cumulative transaction value of 444.5 million yuan [2] - The closing price of Hehui Optoelectronics-U on the day of the transaction was 2.83 yuan, reflecting a decline of 1.05%, with a turnover rate of 2.11% and a total trading volume of 346 million yuan [2] Group 2 - The latest margin financing balance for Hehui Optoelectronics-U is 552 million yuan, which has increased by 16.2474 million yuan over the past five days, representing a growth rate of 3.03% [3] - Hehui Optoelectronics Co., Ltd. was established on October 29, 2012, with a registered capital of 1,380,943,762.5 yuan [3]

Group 1 - The core transaction involved Hehui Optoelectronics, with a total of 1.7165 million shares traded on November 11, resulting in a transaction value of 4.8233 million yuan, which accounted for 1.37% of the total trading volume for that day [1][2] - The transaction price was 2.81 yuan per share, representing a discount of 0.71% compared to the market closing price of 2.83 yuan [1][2]