Core Viewpoint - The lithium battery industry is experiencing a dual trend of rapid growth in energy storage and a shift towards solid-state technology for power batteries, leading to increased production capacity and rising material prices, which may impact profit margins for battery manufacturers [2]. Group 1 - The energy storage sector is thriving, with major battery manufacturers receiving numerous orders and calling for expansion [2]. - The transition towards solid-state technology is becoming a focal point for leading manufacturers, while the global pace of electrification is slowing down, creating a cautious atmosphere in the industry [2]. - The rebound in upstream material prices is causing profit growth for battery companies to lag behind the increase in shipment volumes [2]. Group 2 - The new year is seen as a pivotal moment for the lithium battery industry, with expectations for technological advancements and a focus on high-quality manufacturing [4][12]. - Companies are emphasizing the importance of innovation and collaboration to navigate the challenges and opportunities presented by the evolving market landscape [8][20]. - The industry is poised for a significant transformation, with a collective goal of achieving high-quality development and contributing to global energy transition efforts [18][59].

Group 1 - The core viewpoint of the article is that ST Yifei (688646.SH) is in the early development stage of its perovskite solar cell intelligent equipment business, which currently represents a small proportion of the company's overall operations [2] Group 2 - The company encourages stakeholders to monitor its regular reports for specific progress updates regarding the perovskite solar cell business [2]

证券代码：688646 证券简称：ST 逸飞 公告编号：2026-006 武汉逸飞激光股份有限公司 关于第二期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。 重要内容提示： | 回购方案首次披露日 | 2025/2/5 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 2025 年 月 | 2 | 月 | 24 | 日~2026 | 年 | 2 | 23 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 | 2,287,800股 | | | | | | | | | 累计已回购股数 ...

Summary of Key Points Core Viewpoint - ST Yifei (688646.SH) has announced a share buyback program, indicating a strategic move to enhance shareholder value and confidence in the company's future prospects [1] Group 1: Share Buyback Details - As of January 31, 2026, the company has repurchased a total of 2,287,800 shares, which represents 2.40% of the total share capital [1] - The highest price paid for the repurchased shares was 44.80 RMB per share, while the lowest price was 25.44 RMB per share [1] - The total amount spent on the share buyback was approximately 77,578,807.08 RMB, excluding transaction commissions and other fees [1]

Group 1 - The company ST Yifei (688646.SH) announced a share buyback program, having repurchased a total of 2,287,800 shares, which represents 2.40% of its total share capital [1] - The highest price paid for the repurchased shares was 44.80 RMB per share, while the lowest price was 25.44 RMB per share [1] - The total amount spent on the share buyback was 77,578,807.08 RMB, excluding transaction commissions and other trading fees [1]

Group 1 - The company announced a share repurchase plan, with an expected amount of 50 million to 100 million yuan [1] - The repurchase period is set from February 24, 2025, to February 23, 2026 [1] - As of January 31, 2026, the company has repurchased a total of 2.2878 million shares, accounting for 2.40% of the total share capital [1] Group 2 - The total amount spent on repurchases so far is 77.5788 million yuan, with a repurchase price range of 25.44 yuan to 44.80 yuan per share [1] - No repurchase was implemented in January 2026 [1]

重要内容提示： 武汉逸飞激光股份有限公司（以下简称"公司"）2024 年度财务报告内 部控制被立信会计师事务所（特殊普通合伙）出具了否定意见的审计报告，根据 《上海证券交易所科创板股票上市规则（2025 年 4 月修订）》第 12.9.1 条第（三） 项规定的"最近一个会计年度财务报告内部控制被出具无法表示意见或否定意见 的审计报告"的情形，公司股票自 2025 年 5 月 6 日起被实施其他风险警示。根 据《上海证券交易所科创板股票上市规则（2025 年 4 月修订）》第 12.9.5 条规 定，在被实施其他风险警示期间，公司应当至少每月披露 1 次提示性公告，分阶 段披露涉及事项的解决进展情况。 立信会计师事务所（特殊普通合伙）对公司 2024 年度财务报告内部控制 出具了否定意见的审计报告。2025 年度内部控制审计事项尚在推进中，存在不 确定性。若公司 2025 年度财务报告内部控制被出具无法表示意见或者否定意见 的审计报告，公司股票存在可能被上海证券交易所实施退市风险警示的风险。 一、 公司被实施其他风险警示的相关情况 公司 2024 年度财务报告内部控制被立信会计师事务所（特殊普通合伙）出 具了否 ...

Core Viewpoint - The company, Yifei Laser, has received a negative audit opinion regarding its internal controls for the 2024 financial report, leading to a risk warning for its stock starting May 6, 2025 [1] Group 1: Company Actions - The company is taking the situation seriously and has implemented several measures to rectify the issues, including enhancing internal control systems, conducting compliance training, and improving communication with regulatory authorities [1] - The internal control audit for the 2025 fiscal year is still ongoing, and if it results in a disclaimer or negative opinion, the company’s stock may face delisting risk warnings [1] Group 2: Disclosure and Communication - During the period of risk warning, the company will issue monthly advisory announcements to keep stakeholders informed [1]

Group 1 - The lithium battery industry is entering an accelerated expansion phase, with major companies starting a new round of capital expenditures in 2025, and 2026 is expected to see record-high capex investments [1] - The demand for lithium batteries has consistently exceeded expectations in recent years, leading to order overflow from major manufacturers due to insufficient capacity, with an estimated additional production capacity of nearly 1 TWh expected in 2026 [1] - Major lithium battery manufacturers are currently initiating equipment tenders, with hundreds of GWh of orders already visible, and further orders of around 100 GWh are anticipated [1] Group 2 - Orders for lithium battery equipment have reached new highs, with most equipment manufacturers showing positive year-on-year growth in contract liabilities, and many have surpassed historical peaks [2] - The strong order situation in the lithium battery equipment sector is expected to continue into 2026, although profitability improvements may not be realized until 2026 [2] Group 3 - Progress has been made in the research and development of solid-state batteries, with a shift in focus towards cost reduction and efficiency improvements in equipment, laying the groundwork for future testing of solid-state batteries [3] - Major battery manufacturers are expected to begin constructing pilot lines for solid-state batteries in 2026, which will create additional demand and opportunities for equipment companies [3] Group 4 - Companies to watch in this sector include XianDao Intelligent (300450.SZ), XianHui Technology (688155.SH), LianYing Laser (688518.SH), HaiMuXing (688559.SH), DeLong Laser (688170.SH), ST YiFei (688646.SH), YingHe Technology (300457.SZ), HangKe Technology (688006.SH), and XinYuRen (688573.SH) [4]

Core Viewpoint - The company expects to report a significant loss in net profit for the year 2025 compared to the previous year, with projected losses ranging from 48 million to 60 million yuan [2][3]. Financial Performance Forecast - The company anticipates a net profit attributable to shareholders of the parent company to be between -48 million and -60 million yuan for 2025, indicating a loss compared to the previous year's profit of 24.32 million yuan [2][5]. - The expected net profit after deducting non-recurring gains and losses is projected to be between -75 million and -90 million yuan for 2025, compared to a previous year's figure of 9.41 million yuan [2][3][5]. Audit and Internal Control - The financial forecast for 2025 has not been audited by an accounting firm, and there is uncertainty regarding the internal control audit for 2025, which may lead to a negative audit opinion [4][8]. Reasons for Performance Change - The decline in net profit is attributed to intensified market competition and a decrease in product prices within the lithium battery equipment sector, leading to a reduction in gross margins [7]. - The company has conducted comprehensive impairment testing on its assets, resulting in significant increases in impairment provisions for receivables and inventory, further impacting net profit [7]. - The company is in a critical phase of upgrading its "laser + intelligent equipment" platform, increasing R&D and innovation investments, which has led to higher operating expenses [7][8]. Future Strategies - The company plans to enhance operational efficiency, optimize costs, and improve accounts receivable collection to stabilize gross margins and improve profitability [8].