Core Viewpoint - XGIMI Technology (688696.SH) has announced the implementation progress of its 2025 employee stock ownership plan, indicating a strategic move to enhance employee engagement and align interests with shareholders [1] Group 1: Employee Stock Ownership Plan - The employee stock ownership plan has completed the purchase of target stocks, acquiring 1.8236 million shares, which represents 2.61% of the company's total share capital of 70 million shares [1] - The total transaction amount for the stock purchase was RMB 150.5249 million, excluding commissions and transfer fees [1] - The acquired stocks will be unlocked in four phases, with unlocking points set at 12 months, 24 months, 36 months, and 48 months from the announcement date, with each phase allowing for a 25% release of shares [1]

证券代码：688696 证券简称：极米科技 公告编号：2025-077 根据《关于上市公司实施员工持股计划试点的指导意见》和《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》等法律法规的相关要求， 现将公司 2025 年员工持股计划（以下简称"本持股计划"）实施进展情况公告 如下： 截至本公告披露日，本持股计划已完成标的股票的购买，公司通过大宗交易 方式从公司回购专用证券账户买入公司股票 1,823,644 股，占公司总股本 70,000,000 股的 2.61%，成交金额为人民币 15,052.49 万元（不含佣金、过户费等 交易费用）。本持股计划所获标的股票分四期解锁，解锁时点分别为自本公告披 露之日起满 12 个月、24 个月、36 个月、48 个月，每期解锁比例分别为 25%、 25%、25%、25%，各年度实际解锁比例和数量根据公司业绩指标和持有人考核 结果计算确定。 公司将按照相关法律法规、规范性文件及业务规则的要求，及时履行后续信 息披露义务。敬请广大投资者关注相关公告，注意投资风险。 特此公告。 极米科技股份有限公司董事会 2025 年 11 月 5 日 极米科技股份有限公司 ...

Core Viewpoint - The news highlights the performance and strategic positioning of XGIMI Technology, emphasizing its growth in revenue and market presence in the smart projection industry. Company Overview - XGIMI Technology specializes in the research, production, and sales of smart projection products, along with providing related accessories and internet value-added services [7] - The company was established on November 18, 2013, and went public on March 3, 2021 [7] - The main revenue sources are from projectors and accessories (91.45%), followed by other (4.90%) and internet operations (3.66%) [7] Financial Performance - For the period from January to September 2025, XGIMI achieved a revenue of 2.327 billion RMB, reflecting a year-on-year growth of 1.99% [8] - The net profit attributable to the parent company was 79.65 million RMB, showing a significant increase of 297.49% year-on-year [8] - Cumulative cash dividends since the A-share listing amount to 400 million RMB, with 170 million RMB distributed over the past three years [9] Market Position and Strategy - As of October 31, 2024, XGIMI's game platform, operated by its wholly-owned subsidiary AladdinX, has surpassed 11 million downloads globally [2] - The company has seen a substantial increase in overseas revenue, reaching 790 million RMB in 2022, a growth of 82.04% year-on-year, with products sold primarily in Europe, Japan, and the USA [3] - XGIMI has been recognized as a "specialized and innovative" small giant enterprise, indicating its strong market position and innovation capabilities [3] Shareholder and Market Activity - As of September 30, 2025, the number of shareholders increased to 8,062, a rise of 34.55% [8] - The average trading cost of the stock is 117.92 RMB, with the current price near a support level of 113.86 RMB [6]

Group 1 - The core point of the news is that XGIMI Technology experienced significant trading activity on November 3, with a total of 1.22 million shares traded at a price of 82.09 yuan, reflecting a discount of 26.63% compared to the closing price [2][3] - In the last three months, XGIMI Technology has seen a total of 37 block trades, amounting to 295 million yuan [2] - The closing price of XGIMI Technology on the day of the report was 111.89 yuan, which represents an increase of 9.04%, with a turnover rate of 4.66% and a total trading volume of 352 million yuan [2] Group 2 - The latest margin financing balance for XGIMI Technology is 260 million yuan, which has increased by 13.25 million yuan over the past five days, marking a growth of 5.37% [3] - Two institutions provided ratings for XGIMI Technology in the last five days, with Huatai Securities setting the highest target price at 128.00 yuan as of October 31 [3] - XGIMI Technology was established on November 18, 2013, with a registered capital of 70 million yuan [3]

Core Viewpoint - On November 3, XGIMI Technology experienced a stock price increase of 9.04%, closing at 111.89 yuan, with two block trades totaling a volume of 1 million shares and a transaction value of 100 million yuan [1]. Group 1: Trading Activity - The first block trade occurred at a price of 82.09 yuan, involving 822,500 shares and a transaction value of 67.517 million yuan, with a discount rate of -26.63%. The buyer and seller were both from China International Capital Corporation's Chengdu Binjiang East Road Securities Office [1]. - The second block trade also took place at 82.09 yuan, involving 401,200 shares and a transaction value of 32.932 million yuan, maintaining the same discount rate of -26.63% and the same buyer and seller [1]. - Over the past three months, XGIMI Technology has recorded a total of 37 block trades, with a cumulative transaction value of 295 million yuan. In the last five trading days, the stock has risen by 4.67%, with a net inflow of 23.8407 million yuan from main funds [1].

Group 1 - The core point of the article highlights that XGIMI Technology executed a block trade of 1.2237 million shares, amounting to 100 million yuan, which accounted for 22.19% of the total trading volume on that day [1] - The transaction price was 82.09 yuan per share, representing a discount of 26.63% compared to the market closing price of 111.89 yuan [1]

Core Insights - The black home appliance sector experienced a 1.34% increase on November 3, with XGIMI Technology leading the gains [1] - The Shanghai Composite Index closed at 3976.52, up 0.55%, while the Shenzhen Component Index closed at 13404.06, up 0.19% [1] Stock Performance - XGIMI Technology (688696) closed at 111.89, up 9.04% with a trading volume of 32,600 lots and a transaction value of 352 million [1] - Tongzhou Electronics (002052) rose by 3.37% to 14.74, with a trading volume of 343,400 lots [1] - ST Gauss (002848) increased by 1.88% to 8.15, with a trading volume of less than 39,200 lots [1] - Sichuan Changhong (600839) and Skyworth Digital (000810) both saw a 1.47% increase, closing at 10.33 and 13.80 respectively [1] - Other notable stocks include Feichi Co. (002429) up 0.81% and Jiulian Technology (688609) up 0.49% [1] Capital Flow - The black home appliance sector saw a net inflow of 52.75 million from main funds, while retail funds experienced a net outflow of 37.64 million [1] - Main fund inflows for Sichuan Changhong were negative at -35.79 million, while XGIMI Technology had a positive inflow of 31.84 million [2] - Retail investors showed a significant outflow from XGIMI Technology, totaling -2.56 million [2]

Group 1 - The core point of the article is that XGIMI Technology conducted a block trade on October 31, with a transaction volume of 600,000 shares and a transaction amount of 50.076 million yuan, at a price of 83.46 yuan, which represents an 18.66% discount compared to the closing price of the day [1][2] - The buyer and seller of the block trade were both from China International Capital Corporation Chengdu Binjiang East Road Securities Branch [1] - In the last three months, XGIMI Technology has had a total of 36 block trades, with a cumulative transaction amount of 200 million yuan [1] Group 2 - The latest margin financing balance for XGIMI Technology is 254 million yuan, with an increase of 7.8698 million yuan over the past five days, representing a growth of 3.19% [2] - Three institutions have rated the stock in the past five days, with Huatai Securities providing the highest target price of 128.00 yuan as of October 31 [2] - XGIMI Technology was established on November 18, 2013, with a registered capital of 70 million yuan [2]

Core Insights - Shenzhen Qinglai Innovation Intelligent Technology Co., Ltd. has been established with a registered capital of 1 million yuan, focusing on information system integration services and artificial intelligence software development [2] Company Summary - The company is co-owned by XGIMI Technology and Chengdu Qinglai Innovation Enterprise Management Partnership (Limited Partnership) [2]

Core Insights - The black home appliance sector saw a rise of 0.73% on October 31, with *ST Gauss leading the gains [1] - The Shanghai Composite Index closed at 3954.79, down 0.81%, while the Shenzhen Component Index closed at 13378.21, down 1.14% [1] Stock Performance - *ST Gauss closed at 8.00, up 2.56% with a trading volume of 45,500 shares and a turnover of 36.18 million yuan [1] - Other notable performers include: - Chuangwei Digital: closed at 13.60, up 2.56% with a trading volume of 231,100 shares [1] - Hisense Visual: closed at 24.78, up 2.19% with a trading volume of 165,500 shares [1] - Sichuan Jiuzhou: closed at 15.32, up 1.46% with a trading volume of 151,900 shares [1] - Jiu Lian Technology: closed at 10.12, up 1.30% with a trading volume of 125,600 shares [1] - Sichuan Changhong: closed at 10.18, up 0.99% with a trading volume of 854,600 shares [1] - Other stocks showed mixed results, with some experiencing declines [1] Capital Flow - The black home appliance sector experienced a net outflow of 6.06 million yuan from institutional investors and 61.07 million yuan from retail investors, while individual investors saw a net inflow of 67.13 million yuan [1] - Notable capital flows include: - Sichuan Changhong: net inflow of 62.17 million yuan from institutional investors [2] - Hisense Visual: net inflow of 47.43 million yuan from institutional investors [2] - Chuangwei Digital: net inflow of 15.56 million yuan from institutional investors [2] - *ST Gauss: net inflow of 7.67 million yuan from institutional investors [2] - Other companies like Extreme Technology and Tongzhou Electronics saw significant net outflows from institutional investors [2]