Core Viewpoint - The liquid cooling concept stocks in the A-share market have shown strong performance, driven by a report from Morgan Stanley indicating an increase in the total value of cooling components for the next-generation Vera Rubin NVL144 platform, which is expected to rise by 17% to approximately $55,710 (around 400,000 RMB) per cabinet [1] Summary by Category Stock Performance - Xinjubang (新宙邦) surged over 16%, with a year-to-date increase of 73.09% and a total market value of 47.8 billion RMB [2] - Tongfei Co., Ltd. (同飞股份) rose over 12%, with a year-to-date increase of 97.19% and a total market value of 13.7 billion RMB [2] - Xin'an Co., Ltd. (新安股份) increased by 10.04%, with a year-to-date increase of 42.89% and a total market value of 16.7 billion RMB [2] - Yingweike (英维克) reached a 10% increase, with a year-to-date increase of 138.65% and a total market value of 72 billion RMB [2] - Six other companies, including Siquan New Materials (思泉新材) and Yongtai Technology (永太科技), also reported significant gains ranging from 6% to 9% [1][2] Market Insights - The report from Morgan Stanley highlights a growing trend in the liquid cooling sector, indicating a robust demand for advanced cooling solutions in data centers [1] - The anticipated increase in cooling component value reflects the industry's shift towards more efficient thermal management technologies [1]

Group 1 - The company will hold a Q3 2025 earnings presentation on November 17, 2025, from 10:00 to 11:00 AM [2][5] - The presentation will take place at the Shanghai Stock Exchange Roadshow Center and will be conducted in an interactive online format [3][4] - Investors can submit questions from November 10 to November 14, 2025, through the Roadshow Center website or via the company's email [6][4] Group 2 - The company has completed the registration of changes with the industrial and commercial authorities and has received a new business license [9][10] - The registered capital of the company is now 55,043,755 CNY, and it operates as a listed company [10][11] - The company focuses on the research, development, processing, manufacturing, and sales of plastics and new materials, along with technology services and equipment leasing [11]

证券代码：688219 证券简称：会通股份 公告编号：2025-072 投资者可于 2025 年 11 月 10 日（星期一）至 11 月 14 日（星期五）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 investor@orinko.com.cn 进行提问。公司将在说明会上对投资者普遍关注的问题 进行回答。 会通新材料股份有限公司（以下简称"公司"）已于 2025 年 10 月 30 日发布 公司 2025 年第三季度报告，为便于广大投资者更全面深入地了解公司 2025 年第 三季度经营成果、财务状况，公司计划于 2025 年 11 月 17 日（星期一）10:00-11:00 举行 2025 年第三季度业绩说明会，就投资者关心的问题进行交流。 一、 说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2025 年第三季度的经 营成果及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的 范围内就投资者普遍关注的问题进行回答。 会通新材料股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 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 ...

证券代码：688219 证券简称：会通股份 公告编号：2025-073 会通新材料股份有限公司 关于完成工商变更登记并换发营业执照的公告 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、准确性和完整性依法承担法律 责任。 会通新材料股份有限公司（以下简称"公司"）于 2025 年 8 月 29 日召开公 司第三届董事会第十五次会议、2025 年 10 月 10 日召开公司 2025 年第一次临时 股东大会，审议通过了《关于取消监事会、修订<公司章程>并办理工商变更登 记及修订公司内部管理相关制度的议案》，同意公司变更公司注册资本、修订《公 司章程》并办理工商变更登记等事宜。具体内容详见公司分别于 2025 年 8 月 30 日、2025 年 10 月 11 日在上海证券交易所网站（www.sse.com.cn）披露的《会通 新材料股份有限公司关于取消监事会、修订<公司章程>并办理工商变更登记及 修订、制定公司治理相关制度的公告》（公告编号：2025-058）、《会通新材料 股份有限公司 2025 年第一次临时股东大会决议公告》（公告编号：2025-067） ...

Core Insights - The State Intellectual Property Office of China has granted a patent to Huitong New Materials Co., Ltd. for a product titled "Low Emission Recycled Polypropylene Composite Materials for Automotive Interior and Its Preparation Method" with the authorization announcement number CN 119912753 B, applied on September 2024 [1] Company Overview - Huitong New Materials Co., Ltd. was established in 2008 and is located in Hefei City, primarily engaged in the rubber and plastic products industry [1] - The company has a registered capital of 4,592.84703 million RMB [1] - Huitong New Materials has invested in 12 enterprises and participated in 139 bidding projects [1] - The company holds 46 trademark registrations and 428 patent registrations, along with 11 administrative licenses [1]

Core Viewpoint - The stock price of Huitong Co., Ltd. has experienced fluctuations, with a current price of 12.19 CNY per share, reflecting a year-to-date increase of 20.55% but a recent decline over the past five and twenty trading days [1] Financial Performance - For the period from January to September 2025, Huitong Co., Ltd. achieved a revenue of 4.721 billion CNY, representing a year-on-year growth of 10.03%. The net profit attributable to shareholders was 166 million CNY, with an increase of 8.96% compared to the previous year [2] Shareholder Information - As of September 30, 2025, the number of shareholders for Huitong Co., Ltd. reached 18,000, an increase of 42.39% from the previous period. The average number of circulating shares per shareholder decreased by 19.14% to 30,593 shares [2] Dividend Distribution - Huitong Co., Ltd. has distributed a total of 179 million CNY in dividends since its A-share listing, with 126 million CNY distributed over the past three years [3] Institutional Holdings - As of September 30, 2025, Hong Kong Central Clearing Limited is the seventh largest circulating shareholder of Huitong Co., Ltd., holding 5.3357 million shares as a new shareholder [3]

证券代码：688219 证券简称：会通股份 公告编号：2025-071 会通新材料股份有限公司 关于以集中竞价交易方式回购公司股份的进展公告 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。 | 回购方案首次披露日 | 2024/10/31 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 年 月 2024 18 11 | 11 | 日~2025 | 年 | 月 | 17 | 日 | | 预计回购金额 | 5,000万元~10,000万元 | | | | | | | | 回购用途 | √减少注册资本 √用于员工持股计划或股权激励 | | | | | | | | | √用于转换公司可转债 □为维护公司价值及股东权益 | | | | | | | | 累计已回购股数 | 5,087,505股 | | | | | | | | 累计已回购股数占总股本比例 | 0.9243% | | | | | | | | 累计已回购金额 | 50,38 ...

Core Viewpoint - The company plans to repurchase shares worth between 50 million to 100 million yuan for purposes such as implementing equity incentives, employee stock ownership plans, reducing registered capital, or converting convertible bonds [1] Summary by Categories Share Repurchase Plan - The company announced a share repurchase plan approved by the board and shareholders on October 29 and November 18, 2024, respectively [1] - The repurchase amount is set between 50 million yuan and 100 million yuan [1] Price and Volume Details - The upper limit for the repurchase price is adjusted to not exceed 9.85 yuan per share starting from June 26, 2025, due to the annual equity distribution in 2024 [1] - As of the announcement date, the company has repurchased a total of 5,087,505 shares, accounting for 0.9243% of the total share capital [1] - The total amount paid for the repurchased shares is approximately 50.38 million yuan, with a price range of 9.06 yuan to 10.00 yuan per share [1]

Core Insights - The company reported a revenue of 4.721 billion yuan for the first three quarters of 2025, representing a year-on-year growth of 10.03% [1] - The net profit for the same period was 166 million yuan, with a year-on-year increase of 8.96% [1] - Research and development investment reached 214 million yuan, marking a 13.79% increase year-on-year [1] - The company's cash flow from operating activities was 686 million yuan, showing a significant year-on-year growth of 64.15% [1] Group 1 - The company has made technological breakthroughs in high-temperature nylon and PEEK materials [2] - A rental project management agreement was signed on October 24 with two companies to lease approximately 7,644.87 square meters of factory space in Shanghai [2] - An investment of 81 million yuan will be made to establish a wholly-owned subsidiary focused on high-temperature nylon and polyether ether ketone polymerization projects [2] Group 2 - The new investment aims to extend the company's technology from modification to upstream polymerization, enhancing the integrated platform of "polymerization-modification" [2] - This initiative is expected to improve the company's self-control capabilities in key materials and further enhance its core competitiveness [2]

Core Viewpoint - The company reported a revenue increase of 10.03% year-on-year for the first three quarters of 2025, indicating a positive growth trend in its financial performance [1] Financial Performance - Total operating revenue for the first three quarters reached 4.721 billion yuan [1] - Net profit attributable to shareholders of the parent company was 166 million yuan, reflecting an 8.96% year-on-year growth [1] - Basic earnings per share stood at 0.34 yuan [1]