Core Viewpoint - Huayang Intelligent, established in June 2001, is a significant player in the micro-special motor sector in China, with strong R&D capabilities and a wide range of applications across various fields [1] Group 1: Business Performance - In Q3 2025, Huayang Intelligent achieved revenue of 318 million yuan, ranking 25th among 26 companies in the industry, significantly lower than the top competitor Wolong Electric Drive at 11.967 billion yuan and second-place Dayang Electric at 9.18 billion yuan [2] - The company's net profit for the same period was 24.596 million yuan, ranking 21st in the industry, again trailing behind Dayang Electric's 896 million yuan and Wolong Electric Drive's 829 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, Huayang Intelligent's debt-to-asset ratio was 23.36%, an increase from 21.49% year-on-year, but still below the industry average of 35.64% [3] - The company's gross profit margin was 19.34%, slightly up from 19.12% year-on-year, yet lower than the industry average of 21.03% [3] Group 3: Executive Compensation - The chairman, Xu Yunchu, received a salary of 393,000 yuan in 2024, an increase of 10,800 yuan from 2023 [4] - The general manager, Xu Mingfei, earned 373,400 yuan in 2024, up by 19,900 yuan from the previous year [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 18.38% to 5,462, while the average number of circulating A-shares held per shareholder increased by 22.52% to 4,318.38 [5]

Company Overview - Huayang Intelligent Equipment Co., Ltd. is located in Changzhou, Jiangsu Province, and was established on June 21, 2001. The company focuses on the research, production, and sales of micro-special motors and application products [1]. Stock Performance - On August 28, Huayang Intelligent's stock fell by 5.24%, closing at 55.73 CNY per share, with a trading volume of 122 million CNY and a turnover rate of 8.97%. The total market capitalization is 3.181 billion CNY [1]. Shareholder Information - According to data, the Noan Multi-Strategy Mixed A Fund (320016) has entered the top ten circulating shareholders of Huayang Intelligent, holding 257,300 shares, which accounts for 1.09% of the circulating shares. The estimated floating loss today is approximately 792,500 CNY [2]. Fund Performance - The Noan Multi-Strategy Mixed A Fund was established on August 9, 2011, with a latest scale of 1.399 billion CNY. Year-to-date returns are 60.78%, ranking 246 out of 8,190 in its category. Over the past year, returns are 127.83%, ranking 78 out of 7,966. Since inception, the fund has achieved a return of 210.3% [2]. Fund Manager Information - The fund managers of Noan Multi-Strategy Mixed A are Kong Xianzheng and Wang Haichang. Kong has a tenure of 4 years and 276 days, with a total fund asset size of 4.607 billion CNY, achieving a best return of 75.31% and a worst return of -16.74% during his tenure. Wang has a tenure of 3 years and 38 days, managing assets of 2.529 billion CNY, with a best return of 62.97% and a worst return of -18.8% during his tenure [3].