Group 1 - The company is accelerating the research and industrialization of core components for humanoid robots [1] - The company is focusing on resource allocation to enhance development efforts [1] - Investors are encouraged to monitor the company's regular reports and announcements for specific progress updates [1]

（文章来源：证券日报） 证券日报网讯微光股份9月15日在互动平台回答投资者提问时表示，截至2025年8月31日，公司股东人数 为17，960。 ...

Market Overview - The electric motor sector increased by 0.76% compared to the previous trading day, with Sanxie Electric leading the gains [1] - The Shanghai Composite Index closed at 3860.5, down 0.26%, while the Shenzhen Component Index closed at 13005.77, up 0.63% [1] Stock Performance - Sanxie Electric (code: 920100) closed at 90.90, up 14.15% with a trading volume of 83,700 shares and a transaction value of 736 million [1] - Fangzheng Electric (code: 002196) closed at 10.33, up 10.01% with a trading volume of 644,800 shares and a transaction value of 647 million [1] - Jiangte Electric (code: 002176) closed at 10.24, up 4.07% with a trading volume of 1,859,800 shares and a transaction value of 1889 million [1] - Other notable performers include Ananda (code: 603350) up 3.36% and Mingzhi Electric (code: 603728) up 2.49% [1] Fund Flow Analysis - The electric motor sector experienced a net outflow of 1.8 billion from institutional investors, while retail investors saw a net inflow of 733 million [2] - Notable stocks with significant fund flows include Fangzheng Electric with a net inflow of 229 million from institutional investors, despite a net outflow of 101 million from speculative funds [3] - Jiangte Electric also saw a net inflow of 146 million from institutional investors, with a net outflow of 40.62 million from speculative funds [3]

Core Insights - The direct current micro special motor industry is experiencing steady growth in China, driven by increasing automation in manufacturing and expanding application fields [1][2][4] - In 2024, China's production of direct current micro special motors is projected to reach 15.5 billion units, with a demand of 13.5 billion units and a market size of 288.63 billion yuan, reflecting a slight increase from 2023 [1][2] - The industry is characterized by a competitive landscape involving multinational corporations, foreign enterprises, and domestic companies [5][6] Industry Definition and Classification - Direct current micro special motors are defined as motors with a diameter less than 160mm or a height not exceeding 90mm, with a rated power of less than 750W or having special performance and applications [2] - They are classified into permanent magnet DC motors and armature DC motors, and further into brushed and brushless DC motors [2] Current Development Status - The industry originated in developed countries like Germany and Switzerland, rapidly developed in Japan, and is now expanding in developing countries due to rising application demands [2][4] - The application fields have broadened from audio equipment and home appliances to include garden tools, medical devices, industrial automation, new energy vehicles, and robotics [1][2] Market Size and Projections - The market size for direct current micro special motors in China is expected to reach 296.42 billion yuan by 2025, with production and demand projected to grow to 16 billion units and 13.8 billion units, respectively [1][2] Industry Chain - The upstream of the industry includes raw materials such as copper, steel, enameled wire, and castings; the midstream involves R&D and manufacturing; and the downstream applications span consumer electronics, industrial automation, medical devices, and new energy sectors [4] Competitive Landscape - The global direct current micro special motor industry is highly concentrated, primarily dominated by companies from Europe, Japan, and China, with advanced technology still residing in developed nations [4][5] - Major global players include Nidec, Denso, Mitsuba, Minebea, Ziehl-Abegg, Ebm-Papst, Mabuchi, and Maxon Motor [4] Domestic Market Dynamics - Chinese companies in the direct current micro special motor sector include Wolong Electric, Dayang Electric, Innovera, Jiangsu Leili, Jinlong Electromechanical, and others [6] - Despite advancements in technology, domestic companies still face challenges in market competitiveness compared to international counterparts [5] Future Development Trends - The industry is adapting to national policies and economic conditions, focusing on strategic adjustments and optimization of industrial structure, manufacturing technology, production modes, and product performance [7]

Market Performance - The electric motor sector increased by 0.82% compared to the previous trading day, with Tongda Power leading the gains [1] - The Shanghai Composite Index closed at 3843.6, up 1.14%, while the Shenzhen Component Index closed at 12571.37, up 2.25% [1] Stock Performance - Key stocks in the electric motor sector showed varied performance, with Tongda Power closing at 18.82, up 2.17%, and Xiangdian Co. closing at 16.66, up 2.08% [1] - Other notable performers included Wolong Electric Drive at 33.89, up 1.99%, and Dayang Electric at 8.40, up 1.57% [1] Trading Volume and Value - The trading volume and value for Tongda Power reached 115,600 hands and 214 million yuan, respectively [1] - Wolong Electric Drive had a trading volume of 1,676,900 hands and a trading value of 5.596 billion yuan [1] Capital Flow - The electric motor sector experienced a net outflow of 733 million yuan from institutional investors, while retail investors saw a net inflow of 605 million yuan [2] - Speculative funds had a net inflow of 128 million yuan into the sector [2] Individual Stock Capital Flow - Wolong Electric Drive had a net outflow of 29.68 million yuan from institutional investors, while retail investors contributed a net inflow of 2.29 million yuan [3] - Huayang Intelligent saw a net inflow of 1.05 million yuan from institutional investors, with retail investors contributing a net inflow of 518.74 million yuan [3]

关于特定股东股份减持计划实施完毕的公告 证券代码：002801 证券简称：微光股份 公告编号：2025-031 杭州微光电子股份有限公司 1、股东减持股份情况 注 1：本次减持的股份来源为公司首次公开发行股票前持有的股份以及上市后该等股份 资本公积金转增股本取得的股份； 注 2：股权比例系为相关股份数量占公司剔除回购专用账户中股份数量后总股本的比 第 1 页 共 3 页 例，下同。 公司特定股东杭州微光投资合伙企业（有限合伙）保证向本公司提供的信息 内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 杭州微光电子股份有限公司（以下简称"公司"）于 2025 年 5 月 26 日在巨 潮资讯网（www.cninfo.com.cn）、《证券时报》及《上海证券报》披露了《关于 特定股东减持公司股份的预披露公告》（公告编号：2025-017），持有公司股份 8,836,520 股（占公司剔除回购专用账户中股份数量后总股本的 3.88%）的特定股 东杭州微光投资合伙企业（有限合伙）（以下简称"微光投资"）计划在上述公 告发布之日起十五个交易日后 ...

Group 1 - The company, Hangzhou Micro Light Electronics Co., Ltd., announced a plan for a specific shareholder, Hangzhou Micro Light Investment Partnership (Limited Partnership), to reduce its shareholding in the company by up to 3,000,000 shares, which represents 1.32% of the total share capital [1] - The reduction will occur through centralized bidding transactions or block trading from June 25, 2025, to August 18, 2025, with an average reduction price of 36.20 yuan per share [1] - After the reduction, the shareholder will hold 5,836,520 shares, accounting for 2.56% of the total share capital [1] Group 2 - The shares being reduced are sourced from the shares held prior to the company's initial public offering and those obtained through capital reserve transfers [1] - The reduction does not violate any commitments made by the shareholder, and the number of shares reduced will not exceed 40% of the total shares held by the shareholder [1] - The company has complied with relevant regulations regarding the management of shareholding changes by directors and senior management [1]

Core Viewpoint - Hangzhou Weiguang Electronics Co., Ltd. announced the completion of a share reduction plan by its specific shareholder, Hangzhou Weiguang Investment Partnership (Limited Partnership) [1] Group 1: Share Reduction Details - The company disclosed a share reduction plan on May 26, with the intention to reduce up to 3 million shares, accounting for 1.32% of the total share capital after excluding the repurchase special account [1] - The reduction took place from June 25 to August 22, utilizing centralized bidding and block trading methods to achieve the total reduction of 3 million shares [1] - Following the reduction, the shareholding of Weiguang Investment decreased to 2.56% [1]

Group 1 - On August 22, Microglow Co., Ltd. executed a block trade of 69,000 shares, with a transaction amount of 2.4516 million yuan, accounting for 1.41% of the total transaction volume for the day [1][2] - The transaction price was 35.53 yuan, which represents a discount of 7.79% compared to the market closing price of 38.53 yuan [1][2]

Group 1 - The stock price of Micro Light Co., Ltd. is reported at 38.62 yuan, down by 1.56 yuan, with a decline of 3.88% compared to the previous trading day [1] - The stock reached a maximum of 40.39 yuan and a minimum of 38.46 yuan during the trading session, with a trading volume of 73,273 hands and a transaction amount of 287 million yuan [1] - Micro Light Co., Ltd. specializes in the research, production, and sales of micro motors, fans, and supporting products, with applications in home appliances, automotive electronics, and industrial automation [1] Group 2 - The company has recently announced the development of 3 types of hollow cup motors and 4 types of frameless torque motors, with the frameless torque motors already in mass production [1] - The company has completed the development of 3 types of MZW joint modules and plans to continue increasing investment in the research and industrialization of core components for humanoid robots [1] - On the same day, the net outflow of main funds was 6.96 million yuan, accounting for 0.16% of the circulating market value, while the cumulative net inflow of main funds over the past five days was 54.56 million yuan, accounting for 1.22% of the circulating market value [1]