Core Viewpoint - Huamin Co., Ltd. is a significant player in the wear-resistant casting industry in China, with a focus on providing customized solutions and a presence in the photovoltaic sector [1] Group 1: Company Overview - Established on July 31, 1995, and listed on the Shenzhen Stock Exchange on August 1, 2012, Huamin Co., Ltd. is headquartered in Changsha, Hunan Province [1] - The company specializes in the research, design, production, sales, and application technology services of wear-resistant castings [1] - It operates within the electric equipment sector, specifically in photovoltaic equipment and silicon materials [1] Group 2: Financial Performance - For Q3 2025, Huamin Co., Ltd. reported revenue of 716 million yuan, ranking 6th among 7 companies in the industry [2] - The company's revenue from photovoltaic products was 375 million yuan, accounting for 82.24% of total revenue, while wear-resistant products contributed 48.65 million yuan (10.67%) [2] - The net profit for the same period was -119 million yuan, placing it 2nd in the industry, with the industry average at -2.11 billion yuan [2] Group 3: Financial Ratios - As of Q3 2025, Huamin Co., Ltd. had a debt-to-asset ratio of 87.11%, higher than the industry average of 64.82% [3] - The gross profit margin for the same period was 4.03%, significantly improved from -12.31% year-on-year and above the industry average of -6.24% [3] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 97.92% to 28,800 [5] - The average number of circulating A-shares held per shareholder decreased by 49.31% to 15,500 [5] Group 5: Executive Compensation - The chairman, Ouyang Shaohong, received a salary of 832,800 yuan in 2024, an increase of 25,400 yuan from 2023 [4] - The president, Zhou Dan, earned 99,800 yuan in 2024 [4]

Core Viewpoint - Huamin Co., Ltd. has appointed Liu Jiamin as the new Vice President, which may influence the company's strategic direction and operational management [2][3]. Group 1: Appointment Details - Liu Jiamin, born in 1990, has a background in marketing management and has held various managerial positions in different companies [2]. - Liu Jiamin is the daughter of Ouyang Shaohong, the controlling shareholder and actual controller of Huamin Co., Ltd. [3]. Group 2: Company Performance - In the 2024 annual report, Huamin Co., Ltd. reported a revenue of 1.032 billion yuan, a year-on-year decrease of 12.17% [3]. - The company recorded a net profit attributable to shareholders of -298 million yuan, down 50.14% year-on-year [3]. - The net profit excluding non-recurring items was -304 million yuan, reflecting a decline of 51.76% year-on-year [3]. - The basic earnings per share were -0.52 yuan [3]. Group 3: Company Background - Huamin Co., Ltd. was established on July 31, 1995, and was listed on August 1, 2012 [3]. - The company specializes in the research, design, production, sales, and application technology services of wear-resistant castings [3].