迈得医疗(688310.SH)发布公告，公司于2025年11月27日收到公司董事长、实际控制人林军华先生《关 于提议迈得医疗工业设备股份有限公司回购公司股份的函》，回购股份的资金总额不低于2000万元 (含)，不超过4000万元(含)，将用于减少公司注册资本。 ...

Core Viewpoint - The company has adjusted its share repurchase plan, raising the maximum repurchase price from 19.36 CNY to 75 CNY per share, an increase of 287.4% [1][3]. Group 1: Share Repurchase Plan - The company initially announced a plan to repurchase shares using self-owned funds between 5 billion CNY and 10 billion CNY, with a maximum repurchase price of 20.00 CNY per share [1]. - The maximum repurchase price was later adjusted to 19.36 CNY due to the company's 2024 annual equity distribution [1]. - As of now, the company has repurchased approximately 7.6974 million shares, with a total expenditure of about 1.47 billion CNY [1]. Group 2: Stock Performance - The company's stock price has shown strong performance, reaching 61.66 CNY per share as of November 27, with a market capitalization of 1.224966 trillion CNY [4]. - The stock price has increased over 200% from the initial repurchase price limit of 19.36 CNY [4]. - However, the stock experienced significant volatility, with a nearly 30% decline since reaching a historical high at the end of October [4]. Group 3: Financial Performance - For the first three quarters of the year, the company reported a revenue of 603.931 billion CNY, a year-on-year increase of 38.4%, and a net profit attributable to shareholders of 22.487 billion CNY, up 48.52% year-on-year [4]. - The third quarter alone saw record revenue of 243.172 billion CNY and net profit of 10.373 billion CNY [4]. Group 4: Cash Flow Situation - The company's cash flow situation is under short-term pressure, with a net cash flow from operating activities of -4.14 billion CNY for the first three quarters, a significant decline due to large-scale inventory buildup to meet strong demand in the AI server market [5].

Group 1 - The company, Zhi Zi Cheng Technology Co., Ltd. (09911.HK), announced the repurchase of 2.052 million shares from November 20 to November 26, at a total cost of approximately HKD 19.41 million, demonstrating confidence in its business outlook and future prospects [1] - This marks the second share buyback announcement within the month, with a previous repurchase of 1.612 million shares from November 17 to November 19, totaling around HKD 14.98 million, bringing the total repurchased shares to over HKD 34 million within ten days [1] - Despite recent market volatility, international capital has increased its holdings in Zhi Zi Cheng Technology, acquiring a total of 13.99 million shares from November 7 to November 21 through five major financial institutions [1] Group 2 - Citibank initiated coverage on Zhi Zi Cheng Technology with a "Buy" rating, highlighting several positive factors that could drive future stock performance, including seasonal strength expected in Q4 2025 due to product events and marketing activities [2] - The report also mentioned the potential for new products to be commercialized and the possibility of inclusion in the "Hong Kong Stock Connect" program [2]

● 回购股份方式：集中竞价交易方式 登录新浪财经APP 搜索【信披】查看更多考评等级 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 重要内容提示： ● 回购股份金额：计划股份回购总金额5,000万元 - 10,000万元 ● 回购股份资金来源：东方国际创业股份有限公司（以下简称"公司"）自有资金或自筹资金 ● 回购股份用途：基于对公司未来持续发展的信心，为维护公司全体股东利益，增强投资者信心，稳定 及提升公司价值，鼓励投资者长期理性价值投资 ● 回购股份价格：回购股份的价格上限为11.62元/股，该价格不高于公司董事会审议通过回购股份决议 前30个交易日公司股票交易均价的150% ● 回购股份期限：自公司股东会审议通过回购股份方案之日即2025年11月21日起不超过3个月 ● 相关股东是否存在减持计划：截至本公告披露日，公司董事、高级管理人员、控股股东及其一致行动 人、持股5%以上的股东未来3个月、未来6个月及本回购方案实施期间暂无减持公司股份的计划。 ● 相关风险提示： 本次回购方案可能面临如下不确定性风险： （一）本次回 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：603311 证券简称：金海高科 公告编号：2025-063 浙江金海高科股份有限公司 关于股份回购实施结果暨股份变动的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 重要内容提示： ■ 一、回购审批情况和回购方案内容 浙江金海高科股份有限公司（以下简称"公司"）于2025年4月11日召开第五届董事会第十五次会议，审 议通过《关于以集中竞价交易方式回购公司股份方案的议案》，同意公司使用自有资金或自筹资金以集 中竞价交易方式回购公司股份用于股权激励或者员工持股计划。本次回购股份资金总额不低于人民币 2,000万元（含本数），不超过人民币4,000万元（含本数），回购价格不超过人民币15.15元/股（含本 数），回购股份期限自公司董事会审议通过回购股份方案之日起12个月内。具体内容详见公司分别于 2025年4月12日、2025年5月22日披露于上海证券交易所网站（www.sse.com.cn）的《关于以集中竞价交 易方式回购公司股份方案的公告》（公告编号：2025- ...

重要内容提示： 登录新浪财经APP 搜索【信披】查看更多考评等级 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 ● 回购股份数量：回购不低于10,227,393股（含）境内上市外资股（B股），且不超过20,454,786股 （含）境内上市外资股（B股），具体回购股份数量以回购方案实施完毕或回购期限届满时实际回购股 份数量为准。 ● 回购股份资金来源：公司自有资金 ● 回购股份用途：用于注销并减少公司注册资本 ● 回购股份价格：不超过1.920美元/股（含），且不高于董事会通过回购股份决议前三十个交易日股票 交易均价的150% ● 回购股份方式：集中竞价交易方式 ● 回购股份期限：自股东会审议通过回购B股股份方案之日起不超过12个月 ● 相关股东是否存在减持计划：经问询，公司控股股东在未来6个月内没有减持公司股份的计划。若未 来有股份减持计划，公司将严格遵守相关法律法规，及时履行信息披露义务 ● 公司已在中国证券登记结算有限责任公司开立了回购专用证券账户，该账户仅用于回购公司股份。 ● 相关风险提示：1、回购事项存在回购实施期 ...

Core Insights - Alibaba's Q3 2025 revenue reached approximately 247.8 billion yuan, a year-on-year increase of 15%, driven primarily by cloud services and instant retail [1] - The company reported a significant increase in sales expenses, with a year-on-year rise of approximately 34 billion yuan, indicating a high investment in the Taobao flash purchase segment [1] - Capital expenditures remained high at 31.5 billion yuan, reflecting ongoing investments in AI and cloud infrastructure [1][6] Revenue Growth Drivers - Cloud services contributed 10.2 billion yuan to revenue growth, with a year-on-year growth rate of 34% [1] - Instant retail, including flash purchases, added 8.6 billion yuan, showing a remarkable growth rate of 60% [1] - Domestic e-commerce contributed 8.5 billion yuan, with a more modest growth rate of 9% [1] Financial Performance - Operating profit for Q3 2025 was approximately 5.4 billion yuan, a decrease of 29.9 billion yuan compared to the same period last year [1] - Adjusted EBITDA for the Chinese e-commerce group fell by about 33.8 billion yuan year-on-year, reflecting the impact of high sales expenses and competitive pressures [1][3] Strategic Focus - The company is shifting its capital allocation towards core businesses such as AI and instant retail, leading to a significant reduction in share buyback activities [2] - Management indicated that the high investment phase for the flash purchase business is expected to taper off in the next quarter as efficiency improves [4] AI and Cloud Investments - Alibaba's cloud revenue reached 39.8 billion yuan in Q3 2025, with a year-on-year growth of 34%, indicating strong demand for AI-related products [6] - AI-related products have seen triple-digit growth for nine consecutive quarters, accounting for about 20% of external revenue [6] - The company plans to continue significant capital expenditures in AI, with a total of 380 billion yuan earmarked for the next three years [6][7] Valuation and Market Position - The shift towards AI and cloud services is seen as a strategic move to enhance Alibaba's valuation, similar to Amazon's transformation through AWS [7] - The current cash flow situation indicates that while Alibaba has sufficient funds for continued investment, a more prudent approach is being adopted to ensure financial stability [7]

（原标题：工业富联提升回购价格上限每股从19.36元提高至75元） 11月26日晚间，工业富联(601138)发布公告，宣布对回购股份方案进行调整，将回购股份价格上限由不超过19.36元/股调整为不超过75元/股，调整 幅度高达287%。截至目前，工业富联已斥资1.47亿元累计回购769.74万股。11月26日，工业富联股价收于58.93元，涨幅4.10%。 在回购方面，过去三年工业富联累计斥资近17亿元回购，尤其是2024年7月首次推出2亿—3亿元的注销式回购方案引发市场关注，投资者普遍认为 注销式回购可使公司总股本减少，从而提高每股收益和股东权益，使公司股价更具含金量。 在分红方面，工业富联2025年半年度现金分红方案议案日前获股东大会审议通过，合计拟派发现金红利65.5亿元。截至目前，工业富联已完成现 金分红7次，总现金分红565.4亿元，多年稳居A股电子行业分红榜首位。 工业富联表示，鉴于公司股票价格持续高于原回购价格上限，基于对公司未来持续稳定发展的信心和对公司价值的认可，同时保障回购方案顺利 实施，公司董事会决定调整价格上限。 自上市以来，工业富联持续通过回购、大手笔分红等多种方式，以真金白银回馈 ...

截至目前，工业富联以集中竞价交易方式累计回购769.74万股，占公司目前总股本的0.04%，回购最高 价格为19.84元/股，回购最低价格为18.40元/股，使用资金总额为1.47亿元（不含交易佣金、过户费等交 易费用）。 工业富联表示，鉴于公司股票价格上涨造成回购股份价格上限低于公司二级市场股价，基 于对公司未来持续稳定发展的信心和对公司价值的认可，同时为了保障本次回购股份方案的顺利实施， 公司将回购股份价格上限调整为不超过75.00元/股。（中国基金报） #工业富联回购价上调2.8倍#【#工业富联回购价上调至75元#】11月26日，工业富联宣布对回购股份方 案进行调整，将回购价格上限从19.36元/股提升至75元/股，增幅达287.4%。 今年4月，工业富联公告称，公司拟使用自有资金不低于5亿元（含）且不超过10亿元（含），以集中竞 价交易方式进行股份回购，回购股份的价格不超过20元/股。因公司实施2024年年度权益分派，上述股 份回购价格上限由20.00元/股调整为19.36元/股，调整后的回购价格上限于7月31日起生效。 ...

11月26日，工业富联宣布对回购股份方案进行调整，将回购价格上限从19.36元/股提升至75元/股，增幅达287.4%。 截至目前，工业富联以集中竞价交易方式累计回购769.74万股，占公司目前总股本的0.04%，回购最高价格为19.84元/股，回购最低价格为18.40元/股， 使用资金总额为1.47亿元（不含交易佣金、过户费等交易费用）。 工业富联表示，鉴于公司股票价格上涨造成回购股份价格上限低于公司二级市场股价，基于对公司未来持续稳定发展的信心和对公司价值的认可，同 时为了保障本次回购股份方案的顺利实施，公司将回购股份价格上限调整为不超过75.00元/股。 工业富联还称，此次调整股份回购价格上限符合相关规定，是公司结合资本市场变化和公司实际情况所进行的调整，有利于保障公司回购股份事项的 顺利实施，不会对公司的经营活动、财务状况和未来发展产生重大不利影响，不会损害公司的债务履行能力和持续经营能力。 股价方面，工业富联在10月末创下历史新高，11月以来出现震荡下跌，11月24日盘中更是一度触及跌停板。公司于当日晚间发布澄清公告称，公司未 向市场下调第四季度利润目标，不存在应披露未披露的信息。同时，与客户合作开 ...