Core Viewpoint - The company, Juhe Materials, is planning to issue overseas shares (H-shares) and list on the Hong Kong Stock Exchange to enhance its global development strategy and optimize its capital structure [1] Group 1: Company Strategy - Juhe Materials aims to deepen its global development strategy and expand its overseas business layout [1] - The issuance of H-shares is intended to broaden financing channels and enhance the company's overall strength [1] Group 2: Listing Details - The company is currently in discussions with relevant intermediaries regarding the specifics of the H-share listing [1] - Details of the H-share listing have not yet been finalized, and it will not result in changes to the company's controlling shareholder or actual controller [1] Group 3: Market Performance - As of November 3, the company's stock closed down 1.53% at 58.64 yuan per share, with a total market capitalization of 14.19 billion yuan [1]

Core Viewpoint - The company, Zhongwei New Materials Co., Ltd., has disclosed its third-quarter financial report for 2025, ensuring the accuracy and completeness of the information provided [11][12]. Financial Data Summary - The third-quarter financial report has not been audited [10]. - The company has not made any retrospective adjustments or restatements to previous accounting data [3]. - As of September 30, 2025, the company repurchased 22,958,992 shares, accounting for approximately 2.45% of the total share capital, with a total transaction amount of 796,560,529.38 yuan [6]. Shareholder Information - The company has approved a share repurchase plan with a total amount not less than 50 million yuan and not exceeding 100 million yuan, with a maximum repurchase price of 57 yuan per share [5]. H-share Issuance - The company plans to issue H-shares and list them on the Hong Kong Stock Exchange, with the number of shares not exceeding 15% of the total share capital post-issuance [6][7]. - The application for the H-share issuance has been submitted to the Hong Kong Stock Exchange and has received approval from the China Securities Regulatory Commission [8].

Core Viewpoint - Company plans to issue H-shares and list on the Hong Kong Stock Exchange to enhance global development strategy and brand influence [1] Group 1 - The board of directors has approved the proposal for issuing H-shares [1] - The initiative aims to leverage international capital market resources and mechanisms [1] - The goal is to optimize capital structure and broaden financing channels [1] Group 2 - The move is intended to strengthen the company's governance and overall capabilities [1] - The company seeks to consolidate its leading position in the industry [1]