Core Points - The company announced the convening of its fifth board of directors and supervisory board meetings on October 29, 2025, and a temporary shareholders' meeting on November 14, 2025, to review the proposal for repurchasing and canceling part of the restricted stock from the 2025 incentive plan [1] - The company agreed to repurchase and cancel 35,000 shares of restricted stock from five departing incentive recipients, which represents 1.13% of the total restricted stock involved in the incentive plan and approximately 0.01% of the company's total share capital before the repurchase [1] - The repurchase price was adjusted to 22.92 yuan per share, and the company has completed the repurchase and cancellation procedures with the Shenzhen branch of China Securities Depository and Clearing Corporation [1] - Following the completion of the repurchase, the total number of shares of the company decreased from 550,112,251 shares to 550,077,251 shares [1]

证券代码：002851 证券简称：麦格米特 公告编号：2025-094 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 深圳麦格米特电气股份有限公司（以下简称"公司"）于 2025 年 10 月 29 日召开第五届董事会第二十一次会议、第五届监事会第二十次会议，于 2025 年 11 月 14 日召开 2025 年第四次临时股东大会，审议通过了《关于回购注销 2025 年限制性股票激励计划部分限制性股票及调整回购价格的议案》，同意回购注销 公司 2025 年限制性股票激励计划（以下简称"本次激励计划"）中 5 名离职激励 对象已获授但尚未解除限售的 35,000 股限制性股票，占本激励计划涉及限制性 股票总数的 1.13%，约占回购注销前公司总股本的 0.01%，并调整回购价格为 22.92 元/股。 近日，公司已在中国证券登记结算有限责任公司深圳分公司完成回购注销手 续。本次回购注销完成后，公司股份总数由 550,112,251 股减少为 550,077,251 股。现将有关事项公告如下： 一、公司 2025 年限制性股票激励计划已履行的决策程序 ...

Core Insights - The report from Guosen Securities indicates that the domestic wind power installation is expected to maintain a growth rate of 10%-20% in 2026, supported by saturated orders and stable prices [1][2] - The profitability of wind turbine manufacturers is improving quarterly, with export growth boosting performance, reflecting a synchronized recovery in both domestic and international markets [2] - The report emphasizes the importance of overseas expansion and AIDC (Artificial Intelligence Data Center) as key focus areas for 2026, with major domestic power equipment companies making breakthroughs in overseas markets and innovative products [1] Wind Power Sector - The wind turbine sector is experiencing a recovery in profitability, with significant growth in offshore wind installations and tenders, leading to increased orders and performance for related companies [2] - Key companies to watch in the wind power sector include Goldwind Technology, Sany Renewable Energy, Times New Materials, Daikin Heavy Industries, Oriental Cable, and Haile Wind Power [2] Lithium Battery Industry - The lithium battery supply chain is expected to see a reversal in the downward price trend, with significant recovery in profitability anticipated for most products in 2026 [2] - New technologies such as steel-shell batteries, silicon anodes, and large energy storage cells are expected to achieve mass supply in 2026, while solid-state battery technology is accelerating towards industrialization [2] - Recommended companies in the lithium battery sector include CATL, EVE Energy, Zhongchuang Innovation, Zhuhai Guanyu, Tianci Materials, Enjie, Dingsheng Technology, and Xiamen Tungsten [2] Energy Storage Market - The electrification transition is driving explosive growth in the global energy storage market, with domestic market demand leading to a surge in storage orders [3] - The demand for large-scale energy storage in the U.S. is increasing due to power supply shortages, while unstable grid conditions in Europe are also boosting storage needs [3] - Companies to focus on in the energy storage sector include CATL, EVE Energy, Sungrow Power, and Deye [3] Photovoltaic Sector - The photovoltaic supply side is undergoing adjustments, with new technologies such as silver-free materials and perovskite layers gaining attention [3] - The profitability of silicon materials is expected to recover, with silver-free products nearing mass production by 2026 [3] - Key companies in the photovoltaic sector include GCL-Poly Energy, Xinte Energy, Tongwei Co., and Juhua Materials [3] Investment Recommendations - The report suggests focusing on new technology investment opportunities, such as solid-state batteries and flexible converters [3] - Emphasis is placed on overseas expansion and performance improvement for leading companies in lithium batteries and wind turbine components [3] - Long-term beneficiaries in green electricity alternatives include secondary distribution equipment and charging pile operations [3]

Market Overview - The other power equipment sector experienced a decline of 0.91% on the trading day, with Youyou Green Energy leading the drop [1] - The Shanghai Composite Index closed at 3946.74, up 0.18%, while the Shenzhen Component Index closed at 13080.09, unchanged [1] Stock Performance - HaLu Heavy Industry (002255) saw a significant increase of 10.04%, closing at 13.92 with a trading volume of 1.48 million shares and a transaction value of 2.02 billion [1] - China Power (600482) increased by 2.11%, closing at 20.82 with a transaction value of 844 million [1] - Youyou Green Energy (301590) led the declines with a drop of 5.84%, closing at 171.88 with a transaction value of 146 million [2] Capital Flow - The other power equipment sector had a net inflow of 206 million from institutional investors, while retail investors experienced a net outflow of approximately 89.9 million [2] - Major stocks like HaLu Heavy Industry and China Power attracted significant institutional investment, while Youyou Green Energy and others saw substantial retail outflows [3]

Core Viewpoint - The company is actively advancing its private placement project and steadily implementing its expansion plans, with future disclosures to be made as required by regulations [1] Group 1 - The company is responding to investor inquiries regarding its ongoing private placement project [1] - The expansion and construction plans are being executed smoothly [1] - The company will announce any project progress that meets disclosure standards in accordance with relevant regulations [1]

Core Viewpoint - As of November 10, 2025, the number of shareholders for Magmi Tech (002851) is over 71,000 [1] Summary by Categories - **Company Information** - Magmi Tech has reported that it will have over 71,000 shareholders by November 10, 2025 [1]

Core Viewpoint - The company, Maigemeite, stated that its stock price fluctuations in the secondary market are influenced by various factors, and its operations are currently normal. Any significant impacts on the company's operations that meet disclosure standards will be reported accordingly [2] Summary by Relevant Sections - **Company Operations** - The company confirmed that its operations are running normally and there are no current issues affecting its business [2] - **Market Response** - The company acknowledged that stock price volatility is influenced by multiple factors, indicating a complex market environment [2] - **Disclosure Practices** - The company will disclose any significant operational impacts that meet disclosure standards through regular reports or announcements, ensuring transparency [2]

Group 1 - The company has launched string PCS products in power ranges of 125kW, 215kW, and 430kW [2] - These products support voltage levels of 1000V and 1500V [2] - Some of the products have already passed national standard certification testing, and related projects are ongoing [2]

Market Overview - The other power equipment sector declined by 1.59% on the previous trading day, with Haibosi leading the drop [1] - The Shanghai Composite Index closed at 3939.81, down 0.81%, while the Shenzhen Component Index closed at 13080.49, down 0.92% [1] Individual Stock Performance - Keda (002518) saw a closing price of 46.89 with an increase of 3.49% and a trading volume of 175,200 shares, totaling 825 million yuan [1] - Hu塑科技 (301157) closed at 53.10, up 3.27%, with a trading volume of 17,200 shares, amounting to 90.99 million yuan [1] - Other notable performances include Yingjie Electric (300820) at 58.29, up 0.50%, and Youyou Green Energy (301590) at 182.55, up 0.41% [1] - Conversely, Haibosi (688411) experienced a significant drop of 10.86%, closing at 322.00 with a trading volume of 66,700 shares, totaling 2.213 billion yuan [2] - Other stocks like Hailu Chading (002255) and Aotexun (002227) also faced declines of 9.96% and 5.61%, respectively [2] Capital Flow Analysis - The other power equipment sector experienced a net outflow of 1.08 billion yuan from main funds, while retail investors saw a net inflow of 472 million yuan [2][3] - Notable net inflows from retail investors were observed in stocks like Jintai Technology (002951) with 704.14 million yuan, while Keda (002518) saw a net outflow of 732.7 million yuan from retail investors [3] - The main funds showed a net inflow in stocks like Magmet (002851) with 96.64 million yuan, while other stocks like Shenghong Co. (300693) had a net outflow of 68.73 million yuan from main funds [3]

Core Viewpoint - 麦格米特 (002851) has seen significant financing activity, with a net buy of 3.65 million yuan on November 17, 2025, and a total financing balance of 3.76 billion yuan, indicating strong investor interest in the stock [1]. Financing Activity Summary - On November 17, 2025, the financing buy amounted to 114 million yuan, while financing repayment was 111 million yuan, resulting in a net financing buy of 3.65 million yuan [1]. - The financing balance reached 3.76 billion yuan, with a net buy recorded in 12 out of the last 20 trading days [1]. - Over the past three trading days, the cumulative net buy has totaled 16.21 million yuan [1]. Margin Trading Summary - On November 17, 2025, a total of 36,700 shares were sold short, with 26,800 shares being repaid, resulting in a net short sale of 9,900 shares [2]. - The margin balance on the same day was 17.90 million yuan, with a total of 247,600 shares remaining available for short selling [3]. Overall Margin Balance Summary - The total margin trading balance reached 3.78 billion yuan on November 17, 2025, reflecting an increase of 4.33 million yuan or 0.11% from the previous day [4]. - The margin balance has shown fluctuations, with a decrease of 114 million yuan on November 11, 2025, marking a decline of 2.91% [4]. Additional Information - The criteria for individual investors to participate in margin trading include having at least six months of trading experience and maintaining an average account asset of 500,000 yuan over the previous 20 trading days [5]. - The number of margin trading stocks on the Shanghai Stock Exchange is set to increase from 800 to 1,000, while the Shenzhen Stock Exchange will expand its eligible stocks from 800 to 1,200 [5].