广东汇成真空科技股份有限公司 关于持股5%以上股东减持计划期限届满 暨实施情况的公告 持股5%以上股东深圳南山架桥卓越智能装备投资合伙企业（有限合伙）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。 广东汇成真空科技股份有限公司（以下简称"公司"）于2025年7月17日在巨 潮资讯网（http://www.cninfo.com.cn）披露了《关于公司持股5%以上股东减持股 份的预披露公告》（公告编号：2025-020）。股东深圳南山架桥卓越智能装备投资 合伙企业（有限合伙）（以下简称"南山架桥"）计划在上述公告披露之日起15个 交易日后的3个月内（自2025年8月7日至2025年11月6日），通过集中竞价或大宗交 易的方式减持所持有的公司股份数量合计不超过3,000,000股，即不超过公司总股 本的3%。其中：在任意连续90个自然日内通过集中竞价方式减持不超过1,000,000 股，即减持股份总数不超过公司股份总数的1%，通过大宗交易方式减持不超过 2,000,000股，即减持股份总数不超过公司股份总数的2% ...

Summary of Key Points Core Viewpoint - On November 4, Renxin New Materials executed a block trade of 330,000 shares, amounting to 3.003 million yuan, which represented 13.71% of the total trading volume for the day. The transaction price was 9.1 yuan, reflecting a discount of 19.96% compared to the market closing price of 11.37 yuan [1]. Group 1: Transaction Details - The block trade involved 330,000 shares of Renxin New Materials at a price of 9.1 yuan per share [2]. - The total transaction value was 3.003 million yuan [2]. - The trade was conducted by China International Capital Corporation, with both the buyer and seller being from the same brokerage [2].

Core Insights - The company reported a significant decline in revenue and profit for Q3 2025, with total revenue of 304 million yuan, a year-on-year decrease of 29.54%, and a net profit of 18 million yuan, down 72.62% year-on-year [1] Financial Performance - For the first nine months of 2025, the company achieved total operating revenue of 304 million yuan, a year-on-year decline of 29.54% - Total profit reached 18 million yuan, reflecting a year-on-year decrease of 74.72% - The net profit attributable to shareholders was also 18 million yuan, down 72.62% year-on-year - The gross profit margin was 25.52%, a decrease of 6.54 percentage points year-on-year [1] Operational Analysis - The company's performance is under short-term pressure due to increased contract liabilities and customer order delays, with inventory rising to 406 million yuan, a year-on-year increase of 33.95%, and contract liabilities reaching 229 million yuan, up 95.91% year-on-year - The company maintains a strong customer base, being a leading PVD coating equipment provider, and has entered the supply chains of renowned companies like Apple, Foxconn, BYD, and Longyan Energy - The diverse customer and industry layout, combined with a dual profit model of "equipment sales + technical services," enhances the company's risk resilience [2] Research and Development - The company actively invests in R&D, with R&D expenses amounting to 27 million yuan, representing 8.94% of total revenue, an increase of 2.62 percentage points year-on-year - Several R&D projects have been completed, including the development of PVD equipment for the semiconductor industry and various optical coating equipment [3] Profit Forecast and Valuation - Revenue projections for 2025-2027 are 675 million yuan, 876 million yuan, and 1.088 billion yuan, reflecting year-on-year growth rates of 29.77%, 29.73%, and 24.18% respectively - Net profit forecasts for the same period are 95 million yuan, 132 million yuan, and 182 million yuan, with year-on-year growth rates of 39.16%, 39.79%, and 37.54% - Corresponding EPS estimates are 0.9, 1.3, and 1.8 yuan, with P/E ratios of 152, 108, and 79 times, maintaining a "buy" rating [4]

Core Viewpoint - Huicheng Vacuum (301392.SZ) reported its Q3 2025 results, highlighting significant institutional investor activity and changes in shareholding patterns [1][2]. Group 1: Institutional Investor Holdings - As of October 29, 2025, 28 institutional investors disclosed holdings in Huicheng Vacuum A-shares, totaling 19.75% of the company's total share capital, amounting to 19.75 million shares [1]. - The top ten institutional investors collectively held 18.49% of the shares, with a decrease of 3.47 percentage points compared to the previous quarter [1]. Group 2: Public Fund Activity - Eight public funds increased their holdings, with a total increase percentage of 2.84%, including notable funds such as Yongying Semiconductor Industry Mixed Fund and China Europe Digital Economy Mixed Fund [2]. - Nine public funds reported a decrease in holdings, with a total decrease percentage of 0.58%, including funds like Jin Xin Steady Strategy Mixed Fund and Bosera Silk Road Theme Stock Fund [2]. - Six new public funds disclosed their holdings this quarter, while 240 public funds were not disclosed compared to the previous quarter [2]. Group 3: Social Security Fund Changes - The National Social Security Fund 501 Portfolio was the only social security fund to report a decrease in holdings, with a reduction percentage of 0.11% [2].

Core Insights - The company reported a significant decline in revenue and net profit for the third quarter, indicating potential challenges in its operational performance [1] Financial Performance - The company's revenue for the first three quarters reached 300 million, representing a year-on-year decrease of 29.54% [1] - The net profit attributable to shareholders was 17.65 million, down 72.62% year-on-year [1] - The net profit excluding non-recurring gains and losses was 17.36 million, reflecting a decline of 65.87% compared to the previous year [1]

Financial Performance - The company's revenue for Q3 2025 was ¥40,737,854.40, a decrease of 70.86% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥24,989,506.17, representing a decline of 562.40% year-on-year[9]. - The net profit after deducting non-recurring gains and losses was -¥25,155,761.03, a decrease of 1,243.41% compared to the previous year[9]. - Year-to-date revenue reached ¥303,757,098.57, down 29.54% from the same period last year[9]. - The net profit attributable to shareholders for the year-to-date period was ¥17,654,824.88, a decrease of 72.62% year-on-year[10]. - Basic earnings per share for the current period were -¥0.2499, a decline of 562.78% year-on-year[9]. - Net profit for the current period is ¥17,654,824.88, a decline of 72.6% from ¥64,488,309.34 in the previous period[22]. - Basic and diluted earnings per share are both ¥0.18, down from ¥0.77 in the previous period[22]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,186,360,364.76, an increase of 6.67% from the end of the previous year[5]. - Total assets increased to ¥1,186,360,364.76, compared to ¥1,112,176,244.01 in the previous period, reflecting a growth of 6.6%[19]. - Total liabilities rose to ¥461,196,918.25, up from ¥374,667,622.39, marking an increase of 23.1%[19]. - The total equity attributable to shareholders decreased to ¥725,163,446.51 from ¥737,508,621.62, a decline of 1.7%[19]. - The company’s total liabilities and equity structure remains stable, with no significant changes reported in the debt levels[16]. Cash Flow - The net cash flow from operating activities was ¥149,821,093.50, an increase of 443.77% compared to the previous year[10]. - The net cash flow from operating activities for the current period is ¥149,821,093.50, a significant improvement compared to the previous period's net cash flow of -¥43,581,361.02[23]. - Cash inflow from operating activities totaled ¥537,938,053.79, up from ¥401,521,272.45 in the previous period, indicating a growth of approximately 34%[23]. - The cash outflow from operating activities decreased to ¥388,116,960.29 from ¥445,102,633.47, reflecting a reduction of about 13%[23]. - Cash inflow from investment activities was ¥372,488,753.82, compared to ¥133,938,994.47 in the previous period, marking an increase of approximately 178%[24]. - The net cash flow from investment activities was -¥49,662,622.19, worsening from -¥23,145,723.58 in the previous period[24]. - Cash inflow from financing activities was ¥20,000,000.00, down from ¥314,572,700.00 in the previous period, indicating a decrease of approximately 94%[24]. - The net cash flow from financing activities was -¥10,972,476.07, a decline from ¥137,193,776.54 in the previous period[24]. - The ending balance of cash and cash equivalents increased to ¥272,537,729.44 from ¥186,777,464.06, representing a growth of about 46%[24]. Shareholder Information - The company has a total of 77,500,000 shares with 18,295,911 shares released from restrictions during the period[15]. - The top shareholder, Li Zhirong, holds 22,891,644 shares, representing a significant portion of the company’s equity[15]. Strategic Initiatives - The company reported a significant impact on revenue due to changes in customer order schedules and investment plans[9]. - The company has engaged in strategic partnerships to enhance its market position and expand its product offerings[16]. - Future outlook remains positive with ongoing investments in technology and market expansion initiatives planned for the upcoming quarters[16]. Operational Metrics - Total operating revenue for the current period is ¥303,757,098.57, down 29.6% from ¥431,096,584.28 in the previous period[20]. - Total operating costs decreased to ¥289,955,643.31, a reduction of 20.9% compared to ¥366,581,592.20 from the previous period[20]. - Research and development expenses remained stable at ¥27,156,192.53, slightly down from ¥27,263,199.06 in the previous period[20]. - Financial expenses showed a significant improvement, with a net income of -¥1,000,424.83 compared to a loss of ¥2,265,592.03 in the previous period[20]. Other Information - The company received ¥372,000,000.00 from the recovery of investments, significantly higher than the previous period's ¥133,770,000.00[24]. - The company has not undergone an audit for the third quarter financial report[25].

Market Overview - The specialized equipment sector increased by 0.7% on October 22, with DeShi Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3913.76, down 0.07%, while the Shenzhen Component Index closed at 12996.61, down 0.62% [1] Top Performers - DeShi Co., Ltd. (301158) closed at 29.97, up 16.80% with a trading volume of 506,700 shares and a transaction value of 1.498 billion [1] - KaiTeng Precision (920553) closed at 12.39, up 11.42% with a trading volume of 121,400 shares [1] - ZhongYa Co., Ltd. (300512) closed at 11.25, up 10.29% with a trading volume of 461,800 shares [1] - Other notable gainers include BeiFang Co. (600262), SaiXiang Technology (002337), and ZhongXin CheGong (601608), all showing significant increases [1] Underperformers - MaHe Co., Ltd. (301056) closed at 12.90, down 5.77% with a trading volume of 89,600 shares [2] - LiHeXing (301013) closed at 29.22, down 3.60% with a trading volume of 349,900 shares [2] - Other notable decliners include ZhongJian Technology (002779) and HongMing Co. (301105), both experiencing declines [2] Capital Flow - The specialized equipment sector saw a net outflow of 480 million from institutional investors, while retail investors contributed a net inflow of 199 million [2] - The sector's capital flow indicates a mixed sentiment, with institutional investors pulling back while retail investors remain active [2] Individual Stock Capital Flow - SaiXiang Technology (002337) had a net inflow of 11.34 million from institutional investors but saw significant outflows from retail investors [3] - Other stocks like XinQi Microelectronics (688630) and HuiCheng Vacuum (301392) also experienced varied capital flows, with institutional inflows and retail outflows [3] - The data suggests a trend where institutional investors are more cautious, while retail investors are more engaged in the market [3]

Market Overview - The Shanghai Composite Index is at 3907.95 points, slightly down by 0.21%, and is above the five-day moving average [1] - The total trading volume of A-shares today is 137.8 billion yuan [1] Stocks Performance - A total of 537 A-shares have surpassed the five-day moving average today [1] - Notable stocks with significant deviation rates include: - Wanda Bearings with a deviation rate of 9.53% and a daily increase of 12.27% [1] - Electric Wind Power with a deviation rate of 9.42% and a daily increase of 13.35% [1] - Tianwo Technology with a deviation rate of 8.10% and a daily increase of 10.00% [1] Detailed Stock Data - The following stocks have notable performance metrics: - Wanda Bearings (Code: 920002): Latest price 115.99 yuan, five-day moving average 105.89 yuan, daily turnover rate 9.75% [1] - Electric Wind Power (Code: 688660): Latest price 22.08 yuan, five-day moving average 20.18 yuan, daily turnover rate 3.60% [1] - Tianwo Technology (Code: 002564): Latest price 9.02 yuan, five-day moving average 8.34 yuan, daily turnover rate 5.08% [1]

Core Viewpoint - The company has a low proportion of overseas procurement and has not faced any issues in obtaining relevant raw materials and components [1] Group 1 - The company has established deep cooperation with domestic suppliers [1] - The technical department has verified that domestic components can largely replace imported ones [1]

Market Performance - The specialized equipment sector increased by 0.93% on October 9, with Lingge Technology leading the gains [1] - The Shanghai Composite Index closed at 3933.97, up 1.32%, while the Shenzhen Component Index closed at 13725.56, up 1.47% [1] Top Gainers in Specialized Equipment Sector - Lingge Technology (code: 920284) closed at 39.41, up 29.98%, with a trading volume of 176,300 shares and a transaction value of 663 million [1] - Zhongya Co., Ltd. (code: 300512) closed at 9.49, up 19.97%, with a trading volume of 290,700 shares and a transaction value of 264 million [1] - Changhong Technology (code: 300151) closed at 14.47, up 11.65%, with a trading volume of 444,200 shares and a transaction value of 632 million [1] Sector Fund Flow - The specialized equipment sector experienced a net outflow of 493 million from institutional investors, while retail investors saw a net inflow of 139 million [2] - Speculative funds had a net inflow of 354 million into the sector [2] Individual Stock Fund Flow - Zhongjian Technology (code: 002779) had a net inflow of 127 million from institutional investors, while it faced a net outflow of 41.48 million from speculative funds [3] - Dongfang Precision (code: 002611) saw a net inflow of 124 million from institutional investors, with a slight outflow from speculative funds [3] - Jin Cai Huli (code: 002530) had a net inflow of 98.88 million from institutional investors, while speculative funds experienced a net outflow [3]