Core Viewpoint - Huihan Co., Ltd. has shown significant trading activity with a notable increase in financing and a slight decrease in shareholder numbers, indicating potential investor interest and market dynamics [1][2]. Financing Summary - On February 9, Huihan Co., Ltd. recorded a financing buy-in amount of 18.16 million yuan, with a net financing purchase of 5.80 million yuan, indicating strong investor interest [1]. - The total financing balance reached 363 million yuan, accounting for 8.94% of the circulating market value, which is above the 80th percentile of the past year [1]. - The company also experienced a high level of short selling, with a short selling balance of 91.19 million yuan, exceeding the 90th percentile of the past year [1]. Business Performance Summary - As of September 30, 2025, Huihan Co., Ltd. reported a revenue of 677 million yuan, a year-on-year decrease of 7.85%, while the net profit attributable to shareholders increased by 0.75% to 136 million yuan [2]. - The company's main business segments include vehicle networking smart terminals (74.71% of revenue), IoT smart modules (18.17%), and software and services (7.00%) [1]. Shareholder and Institutional Holdings Summary - The number of shareholders decreased by 21.83% to 11,400, while the average circulating shares per person increased by 57.82% to 2,827 shares [2]. - As of September 30, 2025, Hong Kong Central Clearing Limited was the sixth-largest circulating shareholder, increasing its holdings by 38,130 shares to 632,300 shares [3].

创业板投资风险提示：本次股票发行后拟在创业板市场上市，该市场具有较高的投资风险。创业板公司 具有创新投入大、新旧产业融合成功与否存在不确定性、尚处于成长期、经营风险高、业绩不稳定、退 市风险高等特点，投资者面临较大的市场风险。投资者应充分了解创业板市场的投资风险及本公司所披 露的风险因素，审慎作出投资决定。 慧翰微电子股份有限公司 Flaircomm Microelectronics, Inc. （福建省福州市马尾区江滨东大道116号综合楼1#7楼） 首次公开发行股票并在创业板上市 招股说明书 （申报稿） 发行股票的法律效力，仅供预先披露之用。投资者应当以正式公告的招股说明书作为作出投资决定的依 据。 广东省广州市黄埔区中新广州知识城腾飞一街 2 号 618 室 保荐人（主承销商） 声明：本公司的发行申请尚需经深圳证券交易所和中国证监会履行相应程序。本招股说明书不具有据以 慧翰微电子股份有限公司 招股说明书（申报稿） 重要声明 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对注册 申请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行 人的盈利能力、投资价值或者对投资者的收益作出 ...