信濠光电业绩预亏股价波动，股东减持与资金管理引关注

Core Viewpoint - The recent stock price fluctuations of Xinhau Optoelectronics (301051) are primarily related to the company's fundamental events and market capital flow [1] Performance and Operating Conditions - According to the earnings forecast released on January 30, 2026, Xinhau Optoelectronics expects a net profit loss attributable to shareholders of the listed company for the year 2025 to be between 250 million yuan and 325 million yuan. The announcement attributes the performance changes to intensified industry competition leading to a decline in the gross profit margin of the glass cover business, significant investments in new business development, increased costs from factory relocation, and the exclusion of subsidiaries from the financial statements [2] Capital Movements - On February 6, 2026, the company announced plans to use no more than 460 million yuan of idle self-owned funds for cash management, investing in products with good liquidity and high safety, with a usage period of up to 12 months from the date of board approval. This initiative aims to improve capital efficiency and the company emphasized that it will not affect normal production and operations [3] Shareholder Situation - A notice on February 9, 2026, indicated that Liang Guohao, a shareholder holding more than 5% of the shares, completed the judicial auction transfer of 2.268 million shares, resulting in a decrease of the combined shareholding ratio of his concerted actors from 10.31% to 9.20%. The company stated that this change would not adversely affect governance and operations [4] Recent Stock Performance - Market data as of February 12, 2026, shows that the stock price of Xinhau Optoelectronics increased by 7.97% in a single day, with a turnover rate of 5.44%. In terms of capital flow, data from February 2, 2026, indicated a net outflow of 5.4488 million yuan from major funds [5] Institutional Perspectives - Analysis from Securities Star indicates that Xinhau Optoelectronics has a generally average competitive moat within the industry, with average profitability and poor revenue growth prospects. Overall, the stock price is considered reasonable based on various fundamental dimensions. Current public sentiment is neutral, and the frequency of institutional research is low [6]