Core Viewpoint - The company Huillen Crystal (300460) has confirmed that its main products include SMD resonators, TSX thermosensitive crystals, TCXO oscillators, and OSC oscillators, with a focus on applications in satellite communication and Beidou navigation [1] Group 1 - The company's products, particularly TCXO, are utilized in satellite communication and Beidou navigation fields [1] - The crystal oscillator products produced by the company have been applied in various sectors, including drones and automotive laser radar [1]

格隆汇12月5日丨惠伦晶体(300460.SZ)公布，公司收到合营公司陕西惠华电子科技有限公司(简称"陕西 惠华"或"合营公司")已于2025年12月4日取得的咸阳市市场监督管理局出具的《登记通知书》，合营公 司已完成注销登记相关工作。 ...

格隆汇12月5日丨惠伦晶体(300460.SZ)公布，公司收到合营公司陕西惠华电子科技有限公司(简称"陕西 惠华"或"合营公司")已于2025年12月4日取得的咸阳市市场监督管理局出具的《登记通知书》，合营公 司已完成注销登记相关工作。 ...

证券代码：300460 证券简称：惠伦晶体 公告编号：2025-056 广东惠伦晶体科技股份有限公司 关于注销合营公司的公告 本公司及董事会全体成员保证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。 近日，广东惠伦晶体科技股份有限公司（以下简称"公司"）收到合营公司 陕西惠华电子科技有限公司(以下简称"陕西惠华"或"合营公司")已于 2025 年 12 月 4 日取得的咸阳市市场监督管理局出具的《登记通知书》，合营公司已 完成注销登记相关工作。 4、法定代表人：蔡壮 5、注册资本：3,000 万人民币 6、注册地址：陕西省咸阳市渭城区文汇东路 16 号 7、经营范围：石英晶体谐振器、滤波器、鉴频器、振荡器、电子陶瓷、电 子元器件、电子产品、压电元器件外壳、人造水晶材料、无线电器材、电器的研 发、生产、销售。上述经营商品的进出口业务（国家禁止和限定公司进出口的商 品除外）。(依法须经批准的项目，经相关部门批准后方可开展经营活动) 8、成立日期：2020 年 03 月 10 日 根据《深圳证券交易所创业板股票上市规则》《公司章程》等有关规定，本 次注销事项的审批权限在公司总经理办公会审批 ...

Group 1 - The Star Flash concept sector led the decline, dropping by 1.1% [1] - Huineng Crystal fell by 4.48%, while Haoshanghao decreased by 3.48% [1] - Broadcom Integration declined by 3.21%, and Guokewi, Lexin Technology, and GoerTek all dropped over 2% [1]

登录新浪财经APP 搜索【信披】查看更多考评等级 受损股民可至新浪股民维权平台登记该公司维权：http://wq.finance.sina.com.cn/ 关注@新浪证券、微信关注新浪券商基金、百度搜索新浪股民维权、访问新浪财经客户端、 新浪财经首页都能找到我们！ 一、已有案件开庭审理 近日，上海沪紫律师事务所刘鹏律师团队代理的投资者诉惠伦晶体（维权）证券维权案已开庭审理，目 前仍在征集投资者中。（刘鹏律师专栏） 登录新浪财经APP 搜索【信披】查看更多考评等级 受损股民可至新浪股民维权平台登记该公司维权：http://wq.finance.sina.com.cn/ 今年4月24日，惠伦晶体及实控人赵积清收到中国证券监督管理委员会下发的立案告知书。因涉嫌信息 披露违法违规，被证监会立案调查，目前结果还未出炉。 现暂定于2025年4月24日（含当日）之前买入，并在2025年4月25日之后卖出或仍持有而亏损的投资 者即符合索赔条件。维权之路虽然漫长，但却是投资者挽回损失的唯一合法途径。（惠伦晶体维权入 口） 二、曾进行会计差错更正 惠伦晶体被立案调查的具体原因目前尚不完全明确。 但公司在4月29日发布的一则公告提 ...

Core Viewpoint - Huilun Crystal is facing significant challenges due to continuous operating losses and an ongoing regulatory investigation, leading to concerns about its governance and compliance [1]. Group 1: Profitability Decline - The latest financial report indicates that the company's revenue and net profit have both declined year-on-year, with net profit losses being particularly severe, reflecting difficulties in core business profitability [2]. - The overall gross margin has significantly decreased, suggesting potential issues with product pricing power or cost control amid increasing market competition [2]. - The company's expense burden is heavy, with operating expenses constituting a high proportion of revenue, further eroding already poor profit margins, indicating possible inefficiencies in internal management and cost control [2][4]. Group 2: Financial and Compliance Risks - Huilun Crystal is under substantial debt pressure, with a large scale of interest-bearing liabilities and a high interest-bearing asset-liability ratio, leading to significant repayment pressures [4]. - The company's cash flow situation is poor, with a substantial year-on-year decline in operating cash flow per share, and a long-term unfavorable ratio of operating cash flow to current liabilities, indicating potential risks in cash turnover [4]. - The ongoing regulatory investigation has led to a sharp decline in the company's stock price and raised investor concerns regarding its governance structure and compliance with information disclosure [4][5].

Core Viewpoint - 惠伦晶体 is a leading domestic manufacturer of piezoelectric quartz crystal components, with strong R&D capabilities and production scale advantages [1] Group 1: Business Performance - In Q3 2025, 惠伦晶体 achieved revenue of 422 million yuan, ranking 14th among 18 companies in the industry [2] - The industry leader, 三环集团, reported revenue of 6.508 billion yuan, while the second, 商络电子, reported 6.189 billion yuan; the industry average revenue was 2.256 billion yuan [2] - 惠伦晶体's net profit for the same period was -76.12 million yuan, ranking 18th in the industry [2] - The industry leader, 三环集团, had a net profit of 1.958 billion yuan, and the second, 法拉电子, had a net profit of 889 million yuan; the industry average net profit was 305 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, 惠伦晶体's debt-to-asset ratio was 63.71%, up from 52.58% in the previous year, exceeding the industry average of 31.50% [3] - The company's gross profit margin in Q3 2025 was 9.79%, down from 18.51% in the previous year, and below the industry average of 27.75% [3] Group 3: Management and Shareholder Information - The total compensation for General Manager 邢越 in 2024 was 850,000 yuan, an increase of 550,000 yuan from 300,000 yuan in 2023 [4] - As of September 30, 2025, 惠伦晶体 had 30,800 A-share shareholders, a decrease of 23.53% from the previous period [5] - The average number of circulating A-shares held per shareholder increased by 30.77% to 9,114.95 [5]

Market Performance - The component sector increased by 2.71% compared to the previous trading day, with Benchuan Intelligent leading the gains [1] - The Shanghai Composite Index closed at 4016.33, up 0.7%, while the Shenzhen Component Index closed at 13691.38, up 1.95% [1] Top Gainers in the Component Sector - Benchuan Intelligent (300964) closed at 55.21, up 20.00% with a trading volume of 75,200 lots [1] - C Chao Ying (603175) closed at 86.75, up 12.08% with a trading volume of 283,700 lots [1] - Sanhuan Group (300408) closed at 53.88, up 10.25% with a trading volume of 506,700 lots [1] - Shengyi Electronics (688183) closed at 114.70, up 9.13% with a trading volume of 392,100 lots [1] Market Capitalization and Trading Volume - The trading volume for C Chao Ying reached 2.398 billion yuan, while Sanhuan Group had a trading volume of 2.695 billion yuan [1] - The trading volume for Shengyi Electronics was 4.517 billion yuan [1] Fund Flow Analysis - The component sector experienced a net outflow of 1.464 billion yuan from institutional investors, while retail investors saw a net inflow of 1.23 billion yuan [2] - The net inflow from speculative funds was 234 million yuan [2] Individual Stock Fund Flow - C Chao Ying had a net inflow of 160 million yuan from institutional investors, while it faced a net outflow of 74.58 million yuan from speculative funds [3] - Benchuan Intelligent saw a net inflow of 95.92 million yuan from institutional investors, with a net outflow of 62.52 million yuan from speculative funds [3] - Jianghai Co. (002484) had a net inflow of 101 million yuan from institutional investors, but also faced a net outflow of 16.37 million yuan from speculative funds [3]

Group 1 - The core viewpoint of the news is that Huillen Crystal (300460.SZ) has reported its Q3 2025 financial results, highlighting the changes in institutional and foreign investment holdings [1][2] Group 2 - As of October 28, 2025, five institutional investors hold a total of 48.586 million shares of Huillen Crystal, accounting for 17.30% of the total share capital, with an increase of 0.29 percentage points from the previous quarter [1] - The newly disclosed public fund this period is the GF Enhanced Index A, while six public funds were not disclosed compared to the previous quarter, including various index-enhanced funds [1] Group 3 - In terms of foreign investment, one foreign fund, BARCLAYS BANK PLC, has reduced its holdings slightly, while a new foreign institution, CITIC Securities Asset Management (Hong Kong) Co., Ltd., has been disclosed [2] - Goldman Sachs International's proprietary funds were not disclosed in this period compared to the previous quarter [2]