Core Viewpoint - Haichuan Intelligent (300720) has been actively managing its idle funds through treasury reverse repos, indicating a strategic approach to cash management and investment safety [1] Group 1: Stock Performance - As of October 24, 2025, Haichuan Intelligent's stock closed at 24.67 yuan, up 0.28% from the previous trading day, with a total market capitalization of 4.808 billion yuan [1] - The stock opened at 24.6 yuan, reached a high of 24.75 yuan, and a low of 24.35 yuan, with a trading volume of 65.0663 million yuan and a turnover rate of 1.51% [1] Group 2: Financial Management - The company announced the use of 300 million yuan of idle self-owned funds for cash management, approved by the board and shareholders in April and May 2025 [1] - As of the announcement date, the principal and returns from previously matured investments have been fully recovered [1] - On October 23, 2025, the company subscribed to a 28-day treasury reverse repo product for 100.971 million yuan, with an annualized yield of 1.520%, maturing on November 19, 2025 [1] - The total amount of treasury reverse repos purchased this year that have not yet matured is 100.971 million yuan [1] Group 3: Investment Strategy - The company emphasizes that the investment in treasury reverse repos is highly secure, has a short cycle, and offers relatively high returns, without affecting daily operations [1] - Independent directors have the authority to supervise the use of funds, and the board is committed to fulfilling information disclosure obligations as required [1]

证券代码：300720 证券简称：海川智能 公告编号：2025-054号 广东海川智能机器股份有限公司 关于使用闲置自有资金进行国债逆回购进展的公告 本公司及董事会全体人员保证信息披露的内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 广东海川智能机器股份有限公司（以下简称"公司"）于2025年4月28日召 开的第四届董事会第十七次会议、第四届监事会第十六次会议及2025年5月21日 召开的2024年年度股东大会审议通过了《关于拟用自有资金进行现金管理的议 案》，同意公司使用自有资金进行现金管理的额度合计人民币3亿元。在上述额 度内，资金可以滚动使用，授权期限为自公司股东大会审议通过本议案之日起 至下一年度股东大会召开日。具体内容详见公司于2025年4月29日及2025年5月 22日在巨潮资讯网上刊登的《第四届董事会第十七次会议决议公告》（公告编 号：2025-008号）、《第四届监事会第十六次会议决议公告》（公告编号： 2025-009号）、《关于拟用自有资金进行现金管理的公告》（公告编号：2025- 019号）及《关于2024年年度股东大会决议公告》（公告编号：2025-024号）。 | 1 ...

Market Overview - All three major A-share indices rose this morning, with the Shanghai Composite Index up 1.2%, the Shenzhen Component Index up 1.97%, and the ChiNext Index up 2.92% [2] Sector Performance - Multiple sectors showed strong performance, including cultivated diamonds, consumer electronics, engineering machinery, storage chips, computing power, and real estate [1] - The cultivated diamond sector saw significant gains, with stocks like Huifeng Diamond, Sifangda, and Inno Laser experiencing substantial increases [4][5] - The consumer electronics sector also rose, with leading stocks such as Luxshare Precision and Lens Technology showing notable gains [6][9] Key Stocks - Zhongji Xuchuang led the trading volume with a rise of 10.17%, closing at 444.00, while Xinyi Technology and Luxshare Precision also performed well with increases of 28.01% and 7.40% respectively [2] - The cultivated diamond stocks showed impressive growth, with Inno Laser up 13.06%, Sifangda up 12.67%, and Huifeng Diamond up 10.22% [4][5] Industry Insights - The demand for cultivated diamonds is driven by both consumer and industrial markets, with increasing applications in fashion items and high-tech fields such as semiconductors and quantum computing [5][6] - The cultivated diamond industry is experiencing a shift towards industrial applications, particularly in cooling technologies for semiconductors, where diamonds offer superior thermal conductivity [6] - The consumer electronics market is witnessing a surge in demand, particularly for AI-integrated devices, with strong early sales reported for the iPhone 17 series [9][10]

广东海川智能机器股份有限公司 证券代码：300720 证券简称：海川智能 公告编号：2025-053号 关于使用闲置自有资金进行国债逆回购进展的公告 本公司及董事会全体人员保证信息披露的内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 广东海川智能机器股份有限公司（以下简称"公司"）于2025年4月28日召 开的第四届董事会第十七次会议、第四届监事会第十六次会议及2025年5月21日 召开的2024年年度股东大会审议通过了《关于拟用自有资金进行现金管理的议 案》，同意公司使用自有资金进行现金管理的额度合计人民币3亿元。在上述额 度内，资金可以滚动使用，授权期限为自公司股东大会审议通过本议案之日起 至下一年度股东大会召开日。具体内容详见公司于2025年4月29日及2025年5月 22日在巨潮资讯网上刊登的《第四届董事会第十七次会议决议公告》（公告编 号：2025-008号）、《第四届监事会第十六次会议决议公告》（公告编号： 2025-009号）、《关于拟用自有资金进行现金管理的公告》（公告编号：2025- 019号）及《关于2024年年度股东大会决议公告》（公告编号：2025-024号）。 一、购买 ...

Core Viewpoint - The company has announced the progress of using idle self-owned funds for treasury bond reverse repurchase, aiming to enhance fund utilization efficiency and increase returns without affecting daily operations [1] Summary by Relevant Sections Financial Management - The company received approval from the shareholders' meeting to use 300 million yuan of self-owned funds for cash management [1] - As of the announcement date, the company has recovered 100.727 million yuan of principal and 115,500 yuan of earnings from a 28-day treasury bond reverse repurchase, with an annualized yield of 1.495% [1] - On September 25, the company invested 100.841 million yuan in another 28-day treasury bond reverse repurchase, with an annualized yield of 1.705%, which is still outstanding [1] Risk Management - The returns from treasury bond reverse repurchase are higher than those from demand deposits, but the company acknowledges the existence of market risks and has implemented multiple risk control measures [1]

Group 1 - The company Haichuan Intelligent reported that as of September 20, 2025, the number of shareholders is 9,849 [2]

Group 1 - The core point of the article is that Haichuan Intelligent has announced that its subsidiary, Foshan Haichuan Intelligent Instrument Co., Ltd., has recently obtained two software copyright registration certificates from the National Copyright Administration of the People's Republic of China [2]

Group 1: Company Overview and Investor Relations - The company is Guangdong Haichuan Intelligent Machinery Co., Ltd., with stock code 300720 and abbreviation Haichuan Intelligent [1] - The investor relations activity took place on September 19, 2025, from 15:30 to 17:00 via an online platform [2] Group 2: Investor Questions and Company Responses - Investors inquired about leveraging Sunflower Software Company to enhance software business growth, to which the company expressed gratitude for the suggestion [2] - Concerns were raised regarding shareholder reductions affecting market sentiment; the company clarified that such actions are due to personal financial needs and will be communicated through official announcements [2] - The company identified further expansion opportunities in its existing weighing business as a potential growth driver [2] Group 3: Future Plans and Acquisitions - There are currently no plans to enter the semiconductor or humanoid robot industries; the acquisition of Haichuan's controlling stake aims to consolidate resources to strengthen existing operations [3] - Shareholders were advised to refer to company announcements for any recent buying or selling plans [3] - The company confirmed that there are no intentions to merge with Suzhou Zhongjing, which is a major shareholder [3]

广东海川智能机器股份有限公司（以下简称"公司"）的控股子公司佛山市 海川智能仪表有限公司（以下简称"海川智能仪表"）于近日取得中华人民共和 国国家版权局颁发的计算机软件著作权登记证书 2 项，具体情况如下： | 序 | 软件著作权名称 | 软件著作权 | 软件著作 | 权利取得方 | 权利 | 著作权人 | | --- | --- | --- | --- | --- | --- | --- | | 号 | | 证书号 | 权登记号 | 式 | 范围 | | | 1 | 蓝牙水表微信 小程序充值系 统 [简称：蓝牙 | 软著登字第 16464613号 | 2025SR18 08415 | 原始取得 | 全 部 权 利 | 佛山市海川智 能仪表有限公 司 | | | 水表充值系统] | | | | | | | | V1.0 | | | | | | | 2 | 自助缴费机充 | 软著登字第 | 2025SR18 | 原始取得 | 全 部 | 佛山市海川智 | | | 值系统 [简称： | 16464391号 | 08193 | | 权 利 | 能仪表有限公 | | | 自助缴费机充 | | | | | 司 | | ...

Core Viewpoint - The A-share market is reaching new highs ahead of the Federal Reserve's interest rate decision, with the ChiNext Index showing a significant increase of over 70% since April 7, outperforming global markets [1]. Market Performance - The ChiNext Index continues to hit new highs, driven by strong performances from individual stocks, particularly from "Ning Wang," which saw an intraday increase of 8% with trading volume exceeding 20 billion [3]. - The semiconductor sector is gaining attention, led by SMIC reaching new highs, as news of testing domestic lithography machines ignites investor interest [3]. - The overall market volume remains robust at 2.4 trillion, with a slight increase of 359 billion compared to the previous day, despite some fluctuations during the trading session [3]. Federal Reserve Interest Rate Decision - A 25 basis point rate cut is highly anticipated, while the likelihood of a 50 basis point cut is low. The market is closely watching the dot plot for insights into the Fed's internal stance [5][6]. - The recent appointment of three Fed governors nominated by Trump may influence the voting dynamics within the Fed, making a 50 basis point cut less likely [5]. - The market's reaction to the Fed's decision and Chairman Powell's press conference will be crucial, as he aims to communicate effectively to avoid excessive market volatility [5][6]. Impact on A-shares - The ChiNext Index rose by 2%, with the MACD diff value reaching 152.2, indicating a breakout from previous stagnation levels [12]. - The performance of the Shanghai Composite Index will be critical in determining the sustainability of the current upward trend in the market [12]. - The technology sector remains the focal point of market activity, with strong liquidity supporting a localized bull market as long as trading volume stays above 2 trillion [13].