和而泰跌2.01%，成交额10.86亿元，主力资金净流出9841.48万元

Core Viewpoint - The stock of Heertai experienced a decline of 2.01% on November 12, with a trading price of 45.25 yuan per share, amidst significant trading volume and net outflow of funds [1]. Group 1: Stock Performance - Heertai's stock price has increased by 151.25% year-to-date, but it has seen a decline of 4.54% in the last five trading days and 10.57% in the last twenty days [1]. - The company has appeared on the trading leaderboard nine times this year, with the most recent appearance on October 31, where it recorded a net buy of 43.05 million yuan [1]. Group 2: Company Overview - Heertai, established on January 12, 2000, and listed on May 11, 2010, is based in Shenzhen, Guangdong Province, and specializes in the research, production, and sales of smart controllers and related technologies [2]. - The main revenue sources for Heertai include smart controllers for household appliances (65.41%), smart products (11.34%), power tools (9.82%), automotive electronics (7.63%), and microwave/mm-wave chips (3.69%) [2]. Group 3: Financial Performance - For the period from January to September 2025, Heertai achieved a revenue of 8.27 billion yuan, reflecting a year-on-year growth of 17.47%, while the net profit attributable to shareholders was 603 million yuan, marking a 69.66% increase [2]. - The company has distributed a total of 770 million yuan in dividends since its A-share listing, with 325 million yuan distributed over the past three years [3]. Group 4: Shareholder Structure - As of September 30, 2025, Heertai had 246,300 shareholders, an increase of 72.35% from the previous period, with an average of 3,272 circulating shares per person, down by 41.98% [2]. - The largest circulating shareholder is Hong Kong Central Clearing Limited, holding 52.29 million shares, which increased by 39.08 million shares compared to the previous period [3].