Core Viewpoint - The company announced plans for share reduction by several executives due to personal financial needs, with specific limits on the number of shares to be sold and the method of sale [1] Group 1: Share Reduction Details - Executive Ma Minghai plans to reduce holdings by up to 150,000 shares, representing 0.07% of the total share capital [1] - Executive Zhang Ruzhe also plans to reduce holdings by up to 150,000 shares, equivalent to 0.07% of the total share capital [1] - Executive Jiang Hanjin intends to reduce holdings by up to 120,000 shares, which is 0.06% of the total share capital [1] - Executive Wang Shuangsong plans to reduce holdings by up to 293,100 shares, accounting for 0.14% of the total share capital [1] Group 2: Sale Method and Pricing - The share reduction will occur through centralized bidding or block trading methods [1] - The selling price will be determined based on market conditions and will not be lower than the initial public offering price [1]

Core Viewpoint - The company announced that several executives plan to reduce their shareholdings within a specified timeframe, indicating potential changes in insider ownership dynamics [1] Executive Shareholding Summary - Executive Ma Minghai holds 600,000 shares, representing 0.28% of total shares, and intends to reduce holdings by up to 150,000 shares, or 0.07% [1] - Executive Zhang Ruzhe also holds 600,000 shares (0.28%) and plans to reduce holdings by up to 150,000 shares (0.07%) [1] - Executive Jiang Hanjin holds 480,000 shares (0.23%) and aims to reduce holdings by up to 120,000 shares (0.06%) [1] - Executive Wang Shuangsong, who is also the board secretary, holds 1,172,400 shares (0.56%) and intends to reduce holdings by up to 293,100 shares (0.14%) [1] - The reduction methods will include centralized bidding or block trading [1]

Group 1 - The company Meilixin announced plans for share reduction by its executives, with specific details on the number of shares and the percentage of total share capital involved [1] - Vice General Manager Ma Minghai plans to reduce his holdings by up to 150,000 shares, representing 0.07% of the total share capital [1] - Vice General Manager Zhang Ruzhe also plans to reduce his holdings by up to 150,000 shares, equivalent to 0.07% of the total share capital [1] - Vice General Manager Jiang Hanjin intends to reduce his holdings by up to 120,000 shares, which is 0.06% of the total share capital [1] - Vice General Manager and Board Secretary Wang Shuangsong plans to reduce his holdings by approximately 290,000 shares, accounting for 0.14% of the total share capital [1] Group 2 - The annualized interest rate for renting silver has surged to 35%, indicating a significant opportunity in the silver market [2] - There is a global trend of silver being airlifted to the UK for profit, suggesting a high demand and potential market manipulation [2] - The situation is described as an epic short squeeze, highlighting the volatility and speculative nature of the silver market [2]

证券代码：301307 证券简称：美利信 公告编号：2025-047 重庆美利信科技股份有限公司 一、股东的基本情况 截至本公告日，本次拟减持的股东持股情况如下： 关于公司董事、高级管理人员股份减持计划的预披露公告 公司董事、副总经理马名海先生、副总经理张汝泽先生、蒋汉金先生、副总 经理兼董事会秘书王双松先生保证向本公司提供的信息内容真实、准确和完整， 没有虚假记载、误导性陈述或重大遗漏。 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： 1、重庆美利信科技股份有限公司（以下简称"公司"）董事、副总经理马 名海先生持有本公司股份 600,000 股，占本公司总股本比例 0.28%，计划在本公 告披露之日起 15 个交易日后的 3 个月内（即 2025 年 11 月 6 日至 2026 年 2 月 5 日）以集中竞价方式或大宗交易方式减持公司股份不超过 150,000 股，即不超过 公司总股本的 0.07%。 2、公司副总经理张汝泽先生持有本公司股份 600,000 股，占本公司总股本 比例 0.28%，计划在本公告披露之日起 15 个交易日后的 3 个月内（即 2025 年 11 ...

Group 1 - The core viewpoint of the article is that Meilixin's semiconductor business is operating normally and has been supplying products to customers [2] Group 2 - Meilixin responded to investor inquiries on October 15, confirming the normal production and operational status of its semiconductor business [2] - The company advised investors to refer to its regular reports for more detailed information [2]

Core Viewpoint - Meilixin's stock price has shown significant growth this year, with a year-to-date increase of 65.08%, despite a recent decline in the last five trading days [1] Group 1: Stock Performance - As of October 15, Meilixin's stock price reached 33.56 CNY per share, with a trading volume of 3.55 billion CNY and a turnover rate of 9.88%, resulting in a total market capitalization of 70.68 billion CNY [1] - The stock has experienced a 2.04% decline over the last five trading days, but has increased by 21.77% over the past 20 days and 47.26% over the last 60 days [1] - Meilixin has appeared on the "Dragon and Tiger List" once this year, with the most recent appearance on September 16, where it recorded a net purchase of 50.196 million CNY [1] Group 2: Financial Performance - For the first half of 2025, Meilixin reported a revenue of 1.859 billion CNY, reflecting a year-on-year growth of 12.41%, while the net profit attributable to shareholders was -105 million CNY, a significant decrease of 468.13% [2] - Since its A-share listing, Meilixin has distributed a total of 25.272 million CNY in dividends [3] Group 3: Shareholder Information - As of June 30, 2025, Meilixin had 19,700 shareholders, a decrease of 5.61% from the previous period, with an average of 5,537 circulating shares per shareholder, which is an increase of 5.94% [2] - Among the top ten circulating shareholders, Huaxia Industrial Upgrade Mixed A (005774) is the fifth largest, holding 1.4961 million shares, a decrease of 685,900 shares from the previous period [3]

Market Overview - The communication equipment sector experienced a decline of 5.74% on October 14, with Meilixin leading the drop [1] - The Shanghai Composite Index closed at 3865.23, down 0.62%, while the Shenzhen Component Index closed at 12895.11, down 2.54% [1] Stock Performance - Notable gainers in the communication equipment sector included: - Dongxin Peace (002017) with a closing price of 25.28, up 10.01% [1] - Wanlong Optoelectronics (300710) at 21.73, up 7.15% [1] - Hengbao Co. (002104) at 21.96, up 6.55% [1] - Major decliners included: - Meilixin (301307) at 32.90, down 10.06% [2] - Xinyi Sheng (300502) at 316.50, down 9.21% [2] - Zhongji Xuchuang (300308) at 346.10, down 8.19% [2] Capital Flow - The communication equipment sector saw a net outflow of 6.424 billion yuan from institutional investors, while retail investors had a net inflow of 4.461 billion yuan [2] - The sector's capital flow indicates a mixed sentiment, with institutional investors pulling back while retail investors increased their positions [2] Individual Stock Capital Flow - Dongxin Peace (002017) had a net inflow of 3.15 billion yuan from institutional investors, while it faced a net outflow of 983.79 million yuan from speculative funds [3] - Hengbao Co. (002104) saw a net inflow of 1.90 billion yuan from institutional investors, with a net outflow of 409.64 million yuan from speculative funds [3] - Meilixin (301307) experienced a significant net outflow of 789 million yuan from institutional investors [3]

Group 1 - The core point of the news is the decline in the stock price of Meilixin, which dropped by 5.08% to 34.72 CNY per share, with a trading volume of 265 million CNY and a turnover rate of 6.89%, resulting in a total market capitalization of 7.312 billion CNY [1] - Meilixin Technology Co., Ltd. is located in Banan District, Chongqing, and was established on May 14, 2001. The company was listed on April 24, 2023, and its main business involves the research, production, and sales of aluminum alloy precision die-casting parts in the communication and automotive sectors [1] - The revenue composition of Meilixin's main business includes automotive parts at 64.79%, communication structural components at 29.88%, other supplementary parts at 3.84%, and other components at 1.49% [1] Group 2 - From the perspective of major fund holdings, only one fund under Bosera Fund has a significant position in Meilixin. The Bosera Strategic New Materials Theme Mixed A Fund (011340) held 152,400 shares in the second quarter, accounting for 2.49% of the fund's net value, ranking as the tenth largest holding [2] - The estimated floating loss for the Bosera Strategic New Materials Theme Mixed A Fund today is approximately 283,500 CNY [2] - The Bosera Strategic New Materials Theme Mixed A Fund was established on February 2, 2021, with a latest scale of 95.5929 million CNY. Year-to-date returns are 35.28%, ranking 2396 out of 8162 in its category, while the one-year return is 33.48%, ranking 2744 out of 8015 [2]

Core Viewpoint - The reducer concept sector experienced a decline of 2.01%, ranking among the top losers in the market, with notable declines in stocks such as Siling Co., Zhejiang Rongtai, and Mingzhi Electric [1][2]. Market Performance - The top-performing concept sectors today included Rare Earth Permanent Magnets with a rise of 6.92%, and Military Equipment Restructuring Concept with an increase of 3.51%, while the reducer sector fell by 2.01% [2]. - The reducer concept sector saw a net outflow of 3.36 billion yuan, with 87 stocks experiencing net outflows, and 8 stocks seeing outflows exceeding 100 million yuan [2]. Notable Stocks - The stocks with the largest net outflows in the reducer sector included: - Shanzi Gaoke with a net outflow of 793.49 million yuan and a decline of 4.86% - Lingyi Zhi Zao with a net outflow of 454.56 million yuan and a decline of 4.61% - Changying Precision with a net outflow of 420.80 million yuan and a decline of 2.86% [2][3]. - Conversely, the stocks with the largest net inflows included: - Inner Mongolia Yijian with a net inflow of 121 million yuan and an increase of 7.85% - Meilixin with a net inflow of 88.12 million yuan and an increase of 7.30% - Yingluohua with a net inflow of 78.45 million yuan and an increase of 6.82% [5].

Industry Overview - The automotive die-casting industry involves the use of die-casting technology to produce metal components for vehicles, utilizing materials such as aluminum, zinc, and magnesium [1][11] - The industry's growth is driven by the rapid rise of the automotive sector, particularly in electric vehicles, with increasing demand for lightweight and energy-efficient components [1][11] - China's automotive die-casting market is projected to grow from 18.988 billion yuan in 2017 to 26.429 billion yuan in 2024, with a compound annual growth rate (CAGR) of 4.84% [1][12] Industry Development History - The industry has evolved through three main phases: the initial phase from 1953 to 1981, the startup phase from 1982 to 2006, and the rapid development phase from 2007 to present [4][5] - The current phase is characterized by significant advancements in technology and production capabilities, with a focus on high-performance and high-precision die-casting products [4][11] Policy Support - Recent government policies have emphasized the importance of the die-casting industry, promoting advanced casting techniques and green manufacturing practices [6] - The National Development and Reform Commission issued guidelines to encourage the use of lightweight alloys and automation in die-casting processes [6] Industry Chain - The die-casting industry supply chain includes upstream raw materials (aluminum, magnesium, iron, zinc) and equipment (die-casting machines), with the manufacturing process occurring in the midstream and automotive manufacturing in the downstream [4][7] Market Trends - The industry is moving towards precision, customization, lightweighting, and green manufacturing as key trends [14][15][17][18] - Precision die-casting is increasingly important to meet the stringent requirements of automotive components, while customization allows for tailored solutions to meet diverse client needs [14][15] - Lightweight materials are being adopted to enhance fuel efficiency and performance, particularly in electric vehicles [17] - Environmental sustainability is becoming a core focus, with efforts to reduce carbon footprints through the use of recycled materials and cleaner production methods [18] Key Companies - Major players in the automotive die-casting industry include Top Group, Guangdong Hongtu, Aikodi, and BYD, which are expanding their capabilities in both traditional and new energy vehicle sectors [2][12] - Guangdong Hongtu's die-casting business has gained global recognition, focusing on lightweight aluminum products and comprehensive solutions for automotive manufacturers [12][13]