Core Viewpoint - AAC Technologies (02018) announced a share buyback plan, indicating confidence in its stock value and future prospects [1] Group 1 - The company plans to repurchase 300,000 shares at a total cost of HKD 11.4892 million [1] - The buyback price range is set between HKD 38.06 and HKD 38.46 per share [1] - The buyback is scheduled for November 5, 2025, reflecting the company's strategic financial management [1]

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 瑞聲科技控股有限公司（於開曼群島註冊成立之有限公司） 呈交日期： 2025年11月5日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 不適用 | | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02018 | 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | | | | 事件 | | 已發行股份（不包括 ...

Summary of Key Points Core Viewpoint - 瑞声科技 has been actively repurchasing its shares, indicating a strategy to enhance shareholder value amidst market fluctuations [2][3][4] Group 1: Share Buyback Details - On November 4, 瑞声科技 repurchased 300,000 shares at prices ranging from HKD 38.740 to HKD 39.340, totaling HKD 11.7179 million [2] - The stock closed at HKD 38.900 on the same day, reflecting a decline of 2.94% with a total trading volume of HKD 232 million [2] - Year-to-date, the company has conducted 72 buybacks, acquiring a total of 22.382 million shares for a cumulative amount of HKD 870 million [2] Group 2: Historical Buyback Data - The buyback activity includes several transactions with varying amounts and prices, such as: - 30,000 shares bought on October 22 for HKD 39.980 to HKD 39.460, costing HKD 11.9098 million [2] - 90,000 shares on April 17 at prices between HKD 33.800 and HKD 32.450, totaling HKD 30.0605 million [2] - A notable buyback on April 9, where 215,400 shares were repurchased at prices from HKD 33.400 to HKD 31.100, amounting to HKD 69.5051 million [2] Group 3: Market Performance - The stock has shown volatility, with significant fluctuations in buyback prices, such as a peak buyback price of HKD 54.350 on March 21 [3] - The overall trading activity indicates a robust engagement from investors, with total trading volumes reaching billions in certain instances [2][3][4]

Core Viewpoint - AAC Technologies (02018) announced a share buyback plan, investing HKD 11.7179 million to repurchase 300,000 shares at a price range of HKD 38.74 to 39.34 per share [1] Summary by Category - **Company Actions** - AAC Technologies plans to repurchase 300,000 shares at a total cost of HKD 11.7179 million [1] - The buyback price per share is set between HKD 38.74 and 39.34 [1]

Core Viewpoint - AAC Technologies (02018) announced a share buyback plan, investing HKD 11.7179 million to repurchase 300,000 shares at a price range of HKD 38.74 to 39.34 per share [1] Summary by Category - **Company Actions** - The company will repurchase 300,000 shares, indicating a commitment to returning value to shareholders [1] - The total investment for the buyback is HKD 11.7179 million, reflecting the company's financial strategy [1] - **Share Price Details** - The repurchase price per share is set between HKD 38.74 and 39.34, which may influence market perceptions of the company's stock value [1]

Core Viewpoint - 瑞声科技 announced a share buyback of 300,000 shares at a cost of HKD 11.718 million on November 4 [1] Company Summary - The company executed a buyback program, indicating a commitment to returning value to shareholders [1] - The total expenditure for the buyback was HKD 11.718 million, reflecting the company's financial strategy [1]

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 瑞聲科技控股有限公司（於開曼群島註冊成立之有限公司） 呈交日期： 2025年11月4日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02018 | 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | | | | 事件 | | 已發行股份（不包括 ...

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年10月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 瑞聲科技控股有限公司（於開曼群島註冊成立之有限公司） 呈交日期: 2025年11月3日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02018 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | USD | | 0.01 | USD | | 50,000,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 5,000,000,000 | USD | | 0.01 | USD | | ...

Core Insights - AAC Technologies (瑞声科技) has transitioned from being a traditional supplier of components to a provider of comprehensive system solutions in the automotive sector, showcasing its capabilities at the "Imagine Exception" AAC Perception Technology Summit [2][3] - The automotive industry is undergoing a significant transformation towards smart technology, where in-car acoustics are becoming a core component of the user experience rather than just an add-on feature [2][5] - The integration of hardware, software, and algorithms is essential for creating immersive experiences in smart vehicles, necessitating a shift from merely supplying parts to offering holistic solutions [3][4][6] Group 1: Company Strategy - AAC Technologies has adopted an ecosystem integration strategy to enhance its capabilities and build industry barriers, including acquiring 80% of Premium Sound Solutions (PSS), a leading acoustic component supplier [3][4] - The collaboration with ZEEKR (极氪) has led to the development of an innovative multi-dimensional acoustic system, demonstrating AAC's ability to define user experience through tailored solutions [4][7] - The company emphasizes the importance of combining hardware with software and tuning to provide a complete solution, moving beyond traditional component supply [4][6] Group 2: Industry Trends - The demand for advanced acoustic systems in smart vehicles is rising, with sound becoming a critical factor in defining luxury and comfort in automobiles [5][6] - Traditional automakers are increasingly reliant on suppliers like AAC Technologies to provide integrated solutions that enhance the overall user experience, as the complexity of modern systems exceeds their in-house capabilities [6][7] - The concept of branding through technology, such as "AAC Inside," is emerging, similar to previous trends in the digital industry, indicating a shift in how automotive brands position themselves in the market [6][7]

Core Viewpoint - 瑞声科技 is positioning itself as a global leader in perception experience solutions, showcasing advancements in technology and product offerings across five major sectors: acoustics, electromagnetic transmission, optics, sensors, and automotive [1][2]. Group 1: Product Innovations - In the acoustics sector, 瑞声科技 presented a new generation of high-energy density speakers and innovative coaxial speaker 2.0, enhancing low-frequency performance by 2.5dB and achieving a diaphragm extension of 1.0mm [1]. - The company showcased self-developed micro-motor solutions in electromagnetic transmission, including a customized ultra-vibration motor for vivo X300 Pro, with steady and transient vibration increases of 30% and 68% respectively [1][2]. - In optics, 瑞声科技 achieved breakthroughs in WLG technology, improving yield and capacity, with flagship models already utilizing its glass-plastic hybrid lens [1][2]. Group 2: Market Dynamics - The growth outlook for 瑞声科技 is driven by both traditional business upgrades and new emerging sectors, with North American client hardware upgrades being a key factor for stable revenue growth [2][3]. - The North American market is experiencing a hardware upgrade cycle, with iPhone 17 series sales exceeding expectations, leading to increased orders for core components from 瑞声科技 [2]. - The company is positioned as a core supplier for the iPhone 17 Pro series VC cooling solutions, with expectations for further penetration in the upcoming 18 series [2]. Group 3: AI Hardware Opportunities - The AI hardware wave is opening new avenues, with OpenAI collaborating with Lixun Precision to develop consumer-grade AI edge devices, which aligns with 瑞声科技's technological capabilities in voice recognition and low-power motors [3]. - 瑞声科技 is actively positioning itself in the AI edge device market, collaborating with major brands to develop acoustic and optical modules for AI glasses, currently in the product validation stage [3]. Group 4: Financial Projections - 瑞声科技 maintains net profit forecasts for 2025-2027 at 2.406 billion, 3.081 billion, and 3.459 billion RMB, respectively, supported by improving profitability in the optics business and the growth of diverse applications in automotive and robotics [4].