Core Insights - In the first three quarters of this year, 24 3D printing concept stocks reported a year-on-year increase in net profit, including significant growth from companies like Inno Laser, Chuangjiang New Material, and Aobi Zhongguang-UW [1] Performance Summary - Inno Laser achieved a net profit of 0.22 billion yuan, marking a year-on-year growth of 24.65 times [1] - Among the 24 stocks with profit growth, 6 have a rolling P/E ratio below 30, including Lichong Group, Yizhi Mi, and Aidi Te [1] - The average drawdown for these 24 stocks, compared to their yearly highs as of November 24, is 21.22%, with Huagong Technology and Meirui New Material experiencing drawdowns exceeding 30% [1] - Companies like Nengzhiguang, Ruike Laser, and Jiuri New Material have drawdowns between 25% and 30% [1]

Financial Performance - The company's net profit for 2025 increased by 2464.79% year-on-year, with new business revenue (semiconductors and renewable energy) growing by 54.66% [1] - Cumulative cash dividends since listing amount to 48.4984 million, accounting for 40.65% of total net profit [4][8] - The gross profit margin for the laser business reached 54.38% in the first half of 2024, primarily due to the ramp-up of high-end products [3][8] Business Operations - Revenue from new businesses (semiconductors and renewable energy) in the first half of 2025 was approximately 54.66% higher than the previous year, totaling about 54.6727 million [3] - The company currently has sufficient production capacity to meet existing order demands [3] - The company has completed the layout for new businesses in semiconductors, renewable energy, next-generation displays, and biomedicine [7][8] Strategic Focus - The company is focusing on five core areas: consumer electronics, semiconductors, renewable energy, next-generation displays, and biomedicine [7][8] - The company aims to enhance its core competitiveness through technological iteration and market channel expansion [8] Shareholder Engagement - The company has implemented three cash dividend distributions and two share buybacks since its listing [4] - Future profit distribution plans will be announced in subsequent company announcements [4][8] Product Development - The company has made significant advancements in diamond cutting technology, achieving a revenue of over 30 million in 2024 from this segment [4] - The company is one of the few globally capable of mass-producing industrial deep ultraviolet nanosecond lasers, maintaining a leading position in domestic sales [6]

证券代码：301021 证券简称：英诺激光 公告编号：2025-065 英诺激光科技股份有限公司 关于持有公司5%以上股份的股东部分股份 解除质押的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 重要内容提示： 1.截至本公告披露日，持有英诺激光科技股份有限公司（以下简称"本公司" 或"公司"）5%以上股份的股东宿迁红粹企业管理合伙企业（有限合伙）（以下简 称"红粹投资"）持有本公司股份27,981,468股，占公司总股本 1比例18.39%。其中， 本次解除质押股份7,860,000股，占其所持股份比例28.09%，占公司总股本比例 5.17%；剩余质押股份7,860,000股，占其所持股份比例28.09%，占公司总股本比例 5.17%。 2.2025年4月10日，红粹投资将其所持有的本公司股份19,090,000股质押给云南 国际信托有限公司，占当时其所持本公司股份比例54.86%，占公司总股本比例 12.55%。具体内容详见公司于2025年4月14日于巨潮资讯网（www.cninfo.com.cn） 披露的《关于持有公司5%以上股份的股东部分股份质 ...

Core Viewpoint - Inno Laser (301021.SZ) experienced a significant drop in stock price, reaching a new low since October 22, with a decline of 5.77% to 38.2 yuan due to the completion of a share reduction plan by key executives [1] Group 1: Share Reduction Details - The company's chairman and general manager, Zhao Xiaojie, reduced his holdings by 14,700 shares at an average price of 43.38 yuan from November 7 to November 14, 2025 [1] - Director Lin Dejiao sold 2,300 shares at an average price of 39.7 yuan between August 29 and September 1, 2025 [1] - Financial director Chen Wen reduced his stake by 5,800 shares at an average price of 41.98 yuan from September 17 to September 22, 2025 [1] - Secretary of the board and deputy general manager Zhang Yong sold 1,000 shares at an average price of 43 yuan from November 10 to November 14, 2025 [1] - The total reduction amounted to 23,800 shares, representing 0.0156% of the total share capital [1]

Core Points - The Shanghai Composite Index is at 3952.30 points with a change of 0.32%, and the total trading volume of A-shares is 805.765 billion yuan [1] - A total of 97 A-shares have seen their 5-day moving average cross below the 10-day moving average, indicating potential bearish trends [1] Group 1: Stocks with Significant Moving Average Crosses - Wanrun Technology (002654) has a 5-day moving average of 15.73 yuan, down 2.36% from the 10-day moving average of 16.11 yuan, with a current price of 14.73 yuan, which is 8.58% below the 10-day average [1] - Inno Laser (301021) shows a 5-day moving average of 41.08 yuan, down 1.72% from the 10-day average of 41.80 yuan, with a current price of 39.10 yuan, 6.46% below the 10-day average [1] - Binjiang Group (002244) has a 5-day moving average of 10.45 yuan, down 1.36% from the 10-day average of 10.60 yuan, with a current price of 10.18 yuan, 3.94% below the 10-day average [1] Group 2: Additional Stocks with Moving Average Crosses - Mankang Pharmaceutical (688373) has a 5-day moving average of 7.08 yuan, down 1.28% from the 10-day average of 7.18 yuan, with a current price of 6.65 yuan, 7.33% below the 10-day average [1] - Zhimi Intelligent (001339) shows a 5-day moving average of 54.86 yuan, down 1.10% from the 10-day average of 55.47 yuan, with a current price of 52.18 yuan, 5.94% below the 10-day average [1] - Gaohua Technology (688539) has a 5-day moving average of 35.97 yuan, down 1.09% from the 10-day average of 36.37 yuan, with a current price of 34.20 yuan, 5.97% below the 10-day average [1]

Core Viewpoint - The company Inno Laser has completed a share reduction plan involving key executives, indicating potential changes in insider sentiment and ownership structure [1] Summary by Relevant Categories Executive Share Reduction - Chairman and General Manager Zhao Xiaojie reduced holdings by 14,700 shares at an average price of 43.38 yuan from November 7 to November 14, 2025 [1] - Director Lin Dejiao sold 2,300 shares at an average price of 39.7 yuan from August 29 to September 1, 2025 [1] - CFO Chen Wen reduced holdings by 5,800 shares at an average price of 41.98 yuan from September 17 to September 22, 2025 [1] - Secretary of the Board and Vice General Manager Zhang Yong sold 1,000 shares at an average price of 43 yuan from November 10 to November 14, 2025 [1] - The total reduction amounted to 23,800 shares, representing 0.0156% of the total share capital [1]

Core Viewpoint - The company Inno Laser has completed a share reduction plan involving key executives, indicating potential changes in insider ownership and market sentiment [1] Group 1: Share Reduction Details - Chairman and General Manager Zhao Xiaojie reduced holdings by 14,700 shares at an average price of 43.38 yuan from November 7 to November 14, 2025 [1] - Director Lin Dejiao sold 2,300 shares at an average price of 39.7 yuan from August 29 to September 1, 2025 [1] - Financial Director Chen Wen reduced holdings by 5,800 shares at an average price of 41.98 yuan from September 17 to September 22, 2025 [1] - Secretary and Deputy General Manager Zhang Yong sold 1,000 shares at an average price of 43 yuan from November 10 to November 14, 2025 [1] - The total reduction amounted to 23,800 shares, representing 0.0156% of the total share capital [1]

证券代码：301021 证券简称：英诺激光 公告编号：2025-064 英诺激光科技股份有限公司 关于董事、高管减持计划实施完毕的公告 董事长兼总经理 ZHAO XIAOJIE 先生、董事 LIN DEJIAO 先生、董事兼财务总 监陈文先生、董事会秘书兼副总经理张勇先生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。 特别提示： 英诺激光科技股份有限公司（以下简称"公司"）于2025年7月25日在巨潮资 讯网披露了《关于董事、高管减持股份的预披露公告》（2025-035），董事长兼 总经理 ZHAO XIAOJIE 先生 1、董事 LIN DEJIAO 先生、董事兼财务总监陈文先生和 董事会秘书兼副总经理张勇先生分别计划自减持公告披露之日起15个交易日后的 90个自然日内（2025年8月18日至2025年11月17日）减持公司股份不超过14,700股、 2,300股、5,800股、1,800股，均不超过公司扣除回购账户后总股本 2比例1%。 截至2025年11月17日，本次减持计划已实施完毕。公司收到董事长 ...

Core Viewpoint - The company is actively tracking relevant applications for its laser ultra-precision drilling equipment, which is equipped with ultra-fast lasers to achieve stable processing of micro-hole diameters ranging from 30μm to 70μm [2] Group 1: Product Capabilities - The laser ultra-precision drilling equipment can achieve a drilling efficiency of up to 10,000 holes per second [2] - The initial sample results have been recognized by customers, indicating positive feedback on the product's performance [2]

Group 1 - The core point of the article is that Inno Laser Technology Co., Ltd. will participate in the "2025 Annual Collective Reception Day for Listed Companies in Shenzhen" to enhance interaction with investors [2] - The event is organized by the Shenzhen Securities Regulatory Bureau and the China Securities Investor Services Center, in collaboration with the Shenzhen Listed Companies Association and Shenzhen Panorama Network Co., Ltd. [2] - The scheduled date for the event is November 20, 2025 [2]