Group 1 - The core point of the article is that Huayang Intelligent (SZ 301502) announced a planned share reduction by a major shareholder, Fosun Weiying, which holds 12.81% of the company's shares [1] - Fosun Weiying intends to reduce its holdings by up to approximately 2.85 million shares, representing a maximum of 5% of the total shares, within a three-month period starting from December 2, 2025 [1] - As of the report, Huayang Intelligent has a market capitalization of 2.8 billion yuan [1] Group 2 - For the fiscal year 2024, Huayang Intelligent's revenue composition is as follows: motor manufacturing accounts for 88.41%, medical devices for 7.6%, and other businesses for 3.99% [1]

证券代码：301502 证券简称：华阳智能 公告编号：2025-052 江苏华阳智能装备股份有限公司 关于持股5%以上股东股份减持计划预披露公告 公司持股5%以上股东宁波梅山保税港区复星惟盈股权投资基金合伙企业（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。 1、江苏华阳智能装备股份有限公司（以下简称"公司"或"华阳智 能"）持股5%以上股东宁波梅山保税港区复星惟盈股权投资基金合伙企业 （有限合伙）（以下简称"复星惟盈"）持有公司股份7,313,575股（占公司 总股本比例12.81%）。复星惟盈计划在本公告披露之日起15个交易日后的3个 月内（2025年12月2日至2026年3月1日）以集中竞价和大宗交易方式减持公 司股份不超过2,854,175股，合计拟减持公司股份不超过5%。 2、复星惟盈属于创业投资基金，已获得中国证券投资基金业协会备 案，符合《上市公司创业投资基金股东减持股份的特别规定》（以下简称 "《减持股份特别规定》"）《深圳证券交易所上市公司创业投资基金股 东减持股份实施细则》（以下简称"《减持股份实施细则》"）中的减持 规定。 公司于近日收到宁 ...

Core Viewpoint - Fosun Weiying, a major shareholder of Huayang Intelligent, plans to reduce its stake by up to 5% between December 2, 2025, and March 1, 2026, due to operational needs [1] Group 1: Shareholder Information - Fosun Weiying holds 7,313,575 shares of Huayang Intelligent, representing 12.81% of the total share capital [1] - The planned reduction involves selling up to 2,854,175 shares [1] Group 2: Reduction Details - The reduction will occur through centralized bidding and block trading methods [1] - The selling price will be determined based on market conditions and will not be lower than the latest audited net asset value per share [1] Group 3: Compliance and Governance - Fosun Weiying is a venture capital fund registered with the Asset Management Association of China, complying with relevant reduction regulations [1] - The board of directors will ensure that Fosun Weiying adheres to legal regulations and fulfills information disclosure obligations [1] - The reduction will not lead to a change in control of the company or affect its governance structure and ongoing operations [1]

Core Viewpoint - Huayang Intelligent, established in June 2001, is a significant player in the micro-special motor sector in China, with strong R&D capabilities and a wide range of applications across various fields [1] Group 1: Business Performance - In Q3 2025, Huayang Intelligent achieved revenue of 318 million yuan, ranking 25th among 26 companies in the industry, significantly lower than the top competitor Wolong Electric Drive at 11.967 billion yuan and second-place Dayang Electric at 9.18 billion yuan [2] - The company's net profit for the same period was 24.596 million yuan, ranking 21st in the industry, again trailing behind Dayang Electric's 896 million yuan and Wolong Electric Drive's 829 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, Huayang Intelligent's debt-to-asset ratio was 23.36%, an increase from 21.49% year-on-year, but still below the industry average of 35.64% [3] - The company's gross profit margin was 19.34%, slightly up from 19.12% year-on-year, yet lower than the industry average of 21.03% [3] Group 3: Executive Compensation - The chairman, Xu Yunchu, received a salary of 393,000 yuan in 2024, an increase of 10,800 yuan from 2023 [4] - The general manager, Xu Mingfei, earned 373,400 yuan in 2024, up by 19,900 yuan from the previous year [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 18.38% to 5,462, while the average number of circulating A-shares held per shareholder increased by 22.52% to 4,318.38 [5]

Core Viewpoint - The company ensures the authenticity, accuracy, and completeness of its quarterly report, with all board members and senior management bearing legal responsibility for any misrepresentation or omissions [2]. Financial Data Summary - The third-quarter financial report has not been audited [3]. - There are no adjustments or restatements required for previous accounting data [3]. - The company does not have any non-recurring profit and loss items applicable [3]. - The company has not reclassified any non-recurring profit and loss items as recurring [3]. Shareholder Information - The report includes details on the total number of common shareholders and the top ten shareholders, but there are no changes in the shareholding structure due to securities lending activities [5]. Other Important Matters - There are no other significant matters reported in this quarter [5].

Core Insights - The company reported a revenue of 82,840,794.50 yuan for the third quarter of 2025, representing a year-on-year decline of 11.96% [2] - The net profit attributable to shareholders of the listed company was 7,673,765.67 yuan, showing a year-on-year increase of 61.24% [2] Financial Performance - Revenue for Q3 2025: 82.84 million yuan, down 11.96% year-on-year [2] - Net profit for Q3 2025: 7.67 million yuan, up 61.24% year-on-year [2]

Financial Performance - The company's operating revenue for Q3 2025 was ¥82,840,794.50, a decrease of 11.96% compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2025 was ¥7,673,765.67, an increase of 61.24% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥6,177,646.36, up 107.84% from the previous year[5]. - The basic earnings per share for Q3 2025 was ¥0.1345, reflecting a growth of 75.36% compared to the same period last year[5]. - Total operating revenue for the third quarter was CNY 318,112,474.36, a decrease of 14.5% compared to CNY 372,153,825.62 in the previous year[25]. - Net profit for the period was CNY 24,596,005.55, down from CNY 25,203,970.09, indicating a decline of 2.4%[26]. - Total comprehensive income amounted to 24,596,005.55, a decrease from 25,203,970.09 in the previous period[27]. - Basic and diluted earnings per share were both 0.4309, down from 0.4673 in the previous period[27]. Assets and Liabilities - Total assets at the end of Q3 2025 amounted to ¥1,084,674,811.72, representing a 0.52% increase from the end of the previous year[5]. - The company's total assets increased to CNY 1,084,674,811.72 from CNY 1,079,011,977.71, showing a growth of 0.5%[23]. - Current liabilities totaled CNY 246,668,029.46, slightly up from CNY 246,378,078.87, reflecting a marginal increase of 0.1%[23]. - The company's fixed assets rose to CNY 336,196,406.87 from CNY 290,874,947.62, representing an increase of 15.5%[23]. - The total equity attributable to shareholders at the end of Q3 2025 was ¥831,340,379.27, a 0.64% increase from the end of the previous year[5]. - The total equity attributable to shareholders increased to CNY 831,340,379.27 from CNY 826,026,725.80, a rise of 0.4%[23]. - The company’s deferred income tax liabilities stood at CNY 5,352,645.16, up from CNY 5,036,036.88, indicating an increase of 6.3%[23]. Cash Flow - Cash flow from operating activities showed a net outflow of ¥24,386,085.04, a significant decrease of 203.73% compared to the same period last year[13]. - Cash inflow from operating activities was 175,862,593.70, compared to 200,096,674.29 in the previous period, reflecting a decline of approximately 12.1%[28]. - Net cash flow from operating activities was -24,386,085.04, a significant drop from 23,509,602.30 in the previous period[29]. - Cash inflow from investment activities totaled 287,904,911.98, a substantial increase from 55,368,434.16 in the previous period[29]. - Net cash flow from investment activities was -28,609,056.97, compared to -270,889,979.29 in the previous period, indicating an improvement[29]. - Cash inflow from financing activities was 49,000,000.00, down from 403,106,983.87 in the previous period[29]. - Net cash flow from financing activities was -21,492,514.56, a decrease from 320,103,081.95 in the previous period[29]. - The ending cash and cash equivalents balance was 62,638,203.36, down from 94,036,728.29 in the previous period[29]. - Cash and cash equivalents decreased from 140,361,704.49 to 63,339,144.92, a decline of approximately 54.8%[21]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 5,462[15]. - Jiangsu Huayang Investment Co., Ltd. holds 36.76% of shares, totaling 20,982,090 shares[15]. - Shanghai Fosun Chuangfu Investment Management Co., Ltd. holds 12.81% of shares, totaling 7,313,575 shares[15]. - The total number of restricted shares at the beginning of the period was 42,812,500, with 9,317,500 shares released during the period[18]. - The company has a total of 33,496,500 restricted shares remaining at the end of the period[18]. - The company’s pre-IPO restricted shares will be released on various dates, with the earliest being February 5, 2025[18]. - The number of shares held by the top 10 shareholders does not include shares lent through margin trading[16]. Expenses - The company reported a 46.01% increase in tax and additional fees, totaling ¥2,570,424.41, primarily due to increased urban construction tax and education fees[11]. - The company experienced a 35.33% reduction in selling expenses, amounting to ¥3,531,800.08, due to decreased advertising and promotional costs[11]. - Research and development expenses were CNY 12,672,964.29, down from CNY 14,984,359.11, a decrease of 15.4%[26]. - The company reported a financial expense of CNY 506,821.98, compared to a financial income of CNY -407,262.90 in the previous year[26]. Audit Information - The third quarter financial report was not audited[31].

Market Overview - The electric motor sector increased by 0.75% compared to the previous trading day, with Dayang Electric leading the gains [1] - The Shanghai Composite Index closed at 3916.33, up 1.36%, while the Shenzhen Component Index closed at 13077.32, up 2.06% [1] Stock Performance - Dayang Electric (002249) closed at 11.48, rising by 2.96% with a trading volume of 2.67 million shares and a transaction value of 3.037 billion [1] - Other notable performers include: - Kaizhong Precision (002823) at 16.74, up 2.07% [1] - Bafang Electric (603489) at 24.88, up 1.97% [1] - Huayang Intelligent (301502) at 47.77, up 1.90% [1] - Kangping Technology (300907) at 33.04, up 1.63% [1] Fund Flow Analysis - The electric motor sector experienced a net outflow of 252 million from institutional investors, while retail investors saw a net inflow of 103 million [2] - Notable stock fund flows include: - Jiangte Electric (002176) with a net inflow of 26.04 million from institutional investors [3] - Huayi Shares (300626) with a net inflow of 24.04 million from institutional investors [3] - Zhaowei Electromechanical (003021) with a net inflow of 13.15 million from institutional investors [3]

Group 1 - The core viewpoint of the news is that Huayang Intelligent experienced a decline in stock price and trading volume, with significant financing activity indicating high investor interest despite recent financial performance challenges [1][2]. Group 2 - On October 16, Huayang Intelligent's stock fell by 2.86%, with a trading volume of 31.15 million yuan. The financing buy-in amount was 4.29 million yuan, while the financing repayment was 2.50 million yuan, resulting in a net financing buy-in of 1.78 million yuan. The total financing and securities balance reached 117 million yuan [1]. - As of October 16, the financing balance of Huayang Intelligent was 117 million yuan, accounting for 10.20% of its market capitalization, which is above the 90th percentile level over the past year [1]. - The company reported no short-selling activity on October 16, with a short-selling balance of 0.00 shares, indicating a lack of bearish sentiment among investors [1]. Group 3 - As of June 30, the number of shareholders for Huayang Intelligent was 6,692, a decrease of 3.77% from the previous period. The average circulating shares per person increased by 6.24% to 3,524 shares [2]. - For the first half of 2025, Huayang Intelligent achieved operating revenue of 235 million yuan, a year-on-year decrease of 15.39%. The net profit attributable to the parent company was 16.92 million yuan, down 17.19% year-on-year [2]. Group 4 - Since its A-share listing, Huayang Intelligent has distributed a total of 49.95 million yuan in dividends [3]. - As of June 30, 2025, among the top ten circulating shareholders, Nuoan Multi-Strategy Mixed A (320016) was the fourth largest shareholder, holding 257,300 shares as a new investor [3].

Group 1 - On October 14, Huayang Intelligent experienced a decline of 1.65% with a trading volume of 28.13 million yuan [1] - The financing data for Huayang Intelligent on the same day showed a financing purchase amount of 2.83 million yuan and a net financing purchase of 547,000 yuan, with a total financing and securities balance of 116 million yuan [1] - The current financing balance of Huayang Intelligent is 116 million yuan, accounting for 10.09% of its circulating market value, which is above the 90th percentile level over the past year [1] Group 2 - As of June 30, the number of shareholders for Huayang Intelligent was 6,692, a decrease of 3.77% from the previous period, while the average circulating shares per person increased by 6.24% to 3,524 shares [2] - For the first half of 2025, Huayang Intelligent reported operating revenue of 23.5 million yuan, a year-on-year decrease of 15.39%, and a net profit attributable to shareholders of 16.92 million yuan, down 17.19% year-on-year [2] - Since its A-share listing, Huayang Intelligent has distributed a total of 49.95 million yuan in dividends [3]