Group 1: Company Overview and Business Strategy - The company focuses on enhancing its core business and increasing market share through product diversification and strategic planning [2][3][4] - The company has a strong emphasis on high-end markets, high-end clients, and high-end products [6][14] - The company is actively monitoring the development of its investee, Moer Thread, and will adjust its investment strategy accordingly [11][22] Group 2: Investment and Financial Performance - The company has repurchased a total of 9,695,100 shares, accounting for 1.0479% of its total A-shares, with a total expenditure of RMB 104,989,010.31 [5] - The company holds a 1.244% stake in Moer Thread and currently has no plans for additional investment [15][22] - The company has not utilized national special loans for stock repurchase [5] Group 3: Product Development and Market Trends - The company is expanding its automotive electronics business, focusing on body control and domain control technologies [4][6] - The company is developing intelligent controllers for various applications, including humanoid robots, and has made significant technological advancements [9][20] - The company is actively involved in the research and development of semiconductor technology, particularly in the field of microwave and millimeter-wave T/R chips [22] Group 4: Risk Management and Future Outlook - The company has implemented measures to mitigate the impact of raw material price fluctuations, including strategic agreements with suppliers [7] - The company is committed to maintaining transparency and fulfilling information disclosure obligations to protect shareholder interests [12][22] - The company is focused on sustainable growth and enhancing shareholder value through effective management and operational efficiency [12][17]

证券代码：002402 证券简称：和而泰 公告编号：2024-114 深圳和而泰智能控制股份有限公司 关于参加 2024 年度深圳辖区上市公司集体接待日活动的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，不存在虚假 记载、误导性陈述或者重大遗漏。 为进一步加强与投资者的互动交流，深圳和而泰智能控制股份有限公司（以下简 称"公司"）将参加由深圳证监局和深圳证券交易所指导、深圳上市公司协会与深圳 市全景网络有限公司联合举办的"2024 年度深圳辖区上市公司集体接待日"活动， 现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （http://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP，参与本 次互动交流，活动时间为 2024 年 12 月 12 日（周四）14:30-17:00。 届时公司董事长、总裁刘建伟先生，董事、高级副总裁、财经中心总经理、董事 会秘书罗珊珊女士、独立董事孙中亮先生将在线就公司 2023 年度业绩、公司治理、 发展战略、经营状况、融资计划、股权激励和可持续发展等投资者关心的问题，与投 资者进行沟通与交流，欢 ...

证券代码：002402 证券简称：和而泰 公告编号：2024-113 深圳和而泰智能控制股份有限公司 关于实际控制人部分股份解除质押暨质押的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 深圳和而泰智能控制股份有限公司（以下简称"公司"）近日收到实际控制 人刘建伟先生的通知，获悉刘建伟先生所持有的公司部分股份办理了解除质押及 质押的业务，具体事项公告如下： | 股东 名称 | 是否为控股 股东或第一 大股东及其 | 本次解除质 押股份数量 (股) | 占其所持 股份比例 | 占公司总 股本比例 | 起始日 | 解除 日期 | | 质权人 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 一致行动人 | | （%） | （%） | | | | | | 刘建伟 | 是 | 3,880,000 5,350,000 | 2.6132 | 0.4194 | 2023 年 4 日 | 2024 | 11 | 浙商证券 股份有限 | | | | | 3.6033 | 0.5783 | 月 30 ...

一、回购进展情况 截至 2024 年 11 月 30 日，公司通过深圳证券交易所交易系统以集中竞价交易方式 累计回购公司股份 9,695,100 股，占公司 A 股总股本的 1.0479%，回购成交的最高价为 13.18 元/股，最低价为 9.03 元/股，使用的资金总额为人民币 104,989,010.31 元（不含交 易费用）。本次回购股份资金来源为公司自有资金，回购价格未超过回购价格上限 18.64 元/股（含）。本次回购符合相关法律法规的规定，符合公司既定的回购方案。 二、其他说明 公司回购股份的时间、回购的股份数量、回购的股份价格及集中竞价交易的委托时 段符合《深圳证券交易所上市公司自律监管指引第9号——回购股份》的相关规定。具 体说明如下： 证券代码：002402 证券简称：和而泰 公告编号：2024-112 深圳和而泰智能控制股份有限公司 关于股份回购进展情况的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，不存在虚假 记载、误导性陈述或者重大遗漏。 深圳和而泰智能控制股份有限公司（以下简称"公司"）于2024年2月6日召开第六届 董事会第十六次会议，审议通过了《关于回购公司股份 ...

Group 1 - The stock of Heertai has hit the limit up again, recording 7 limit ups in 9 trading days, with a cumulative increase of 81.00% and a total turnover rate of 257.30% [1] - As of 9:46, the stock's trading volume today reached 161 million shares, with a transaction amount of 3.595 billion yuan and a turnover rate of 20.06% [2] - The total market capitalization of A-shares has reached 21.501 billion yuan, with a circulating market capitalization of 18.624 billion yuan [3]

证券代码：002402 证券简称：和而泰 公告编号：2024-111 深圳和而泰智能控制股份有限公司 关于实际控制人部分股份解除质押的公告 一、本次股份解除质押情况 二、股东股份累计质押的情况 截至公告披露日，刘建伟先生所持质押股份情况如下： | | | | | | | | 已质押股份 | | 未质押股份 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | 本次业 | 本次业 | | | 情况 | | 情况 | | | | | | 务办理 | 务办理 | 占其所 | 占公司 | 已质押 | 占已 | | 占未 | | | | 持股比 | | | | | | | 未质押 | | | 股东 | 持股数量 | 例 | 前累计 | 后累计 | 持股份 | 总股本 | 股份限 | 质押 | | 质押 | | 名称 | （股） | | 质押股 | 质押股 | 比例 | 比例 | | | 股份限 | | | | | （%） | | | | | 售和冻 | 股份 | | 股份 | | | | | 份数量 | 份数量 | ...

Group 1 - The stock of Heertai has hit the limit up again, recording 6 limit ups in 8 trading days, with a cumulative increase of 64.56% and a total turnover rate of 235.95% [1] - As of 14:22, the stock's trading volume today reached 337 million shares, with a transaction amount of 6.624 billion yuan and a turnover rate of 42.10% [2] - The latest total market capitalization of A-shares is 19.549 billion yuan, with a circulating market capitalization of 16.933 billion yuan [3]

证券代码：002402 证券简称：和而泰 公告编号：2024-110 深圳和而泰智能控制股份有限公司 股票交易异常波动公告 2、公司未发现近期公共传媒报道了可能或已经对公司股票交易价格产生较 大影响的未公开重大信息。 3、公司目前经营情况正常，近期公司经营情况及内外部经营环境未发生重 大变化。 4、经核查，公司、控股股东和实际控制人不存在关于本公司的应披露而未 披露的重大事项或处于筹划阶段的重大事项。 5、经核查，股票异常波动期间，控股股东、实际控制人未买卖公司股票。 三、不存在应披露而未披露信息的说明 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或者重大遗漏。 一、股票交易异常波动的情况介绍 深圳和而泰智能控制股份有限公司（以下简称"公司"）股票（证券简称： 和而泰，证券代码：002402）于 2024 年 11 月 13 日、11 月 14 日连续两个交易 日收盘价格涨幅偏离值累计超过 20%。根据深圳证券交易所的相关规定，属于股 票交易异常波动的情况。 二、公司关注及核实情况说明 针对公司股票交易异常波动情况，公司对有关事项进行了核查，并询问了公 司控股股东、实际 ...

Investment Rating - The report maintains a "Recommend" rating for the company with a target price of 19.20 RMB, compared to the current price of 15.53 RMB [1] Core Views - The company's revenue for Q1-3 2024 reached 7.04 billion RMB, a year-on-year increase of 28.30%, with net profit attributable to the parent company at 355 million RMB, up 6.29% YoY [1] - In Q3 2024, the company's revenue was 2.471 billion RMB, a YoY increase of 30.83%, with net profit attributable to the parent company at 157 million RMB, up 11.90% YoY [1] - The company's gross margin for Q1-3 2024 was 18.11%, a slight decrease of 0.72 percentage points YoY [1] Business Segment Performance - Home appliance business grew by 32.52% YoY, with domestic revenue doubling in H1 2024 [1] - Power tool business increased by 22.24% YoY, with new projects contributing to revenue growth [1] - Automotive electronics business surged by 82.76% YoY, with rolling orders of approximately 9 billion RMB [1] - Smart business grew by 20.48% YoY, with products like smart mattresses and smart backpacks entering mass production [1] Subsidiary Performance - The subsidiary Chengchang Technology, a T/R chip leader, has multiple projects entering mass production, with accelerated performance expected due to low-orbit satellite network deployment [1] Overseas Expansion - The company has manufacturing bases in China, Vietnam, Romania, Italy, and Mexico, with R&D and operation centers in over 20 countries and regions [1] - The company has replicated its Shenzhen smart factory model in overseas bases, enhancing production and delivery capabilities [1] Financial Forecast - The company's revenue is expected to grow from 9.747 billion RMB in 2024E to 16.139 billion RMB in 2026E, with a CAGR of 29.8% [3] - Net profit attributable to the parent company is forecasted to increase from 523 million RMB in 2024E to 949 million RMB in 2026E [3] - The company's EPS is projected to grow from 0.57 RMB in 2024E to 1.03 RMB in 2026E [3] Valuation Metrics - The company's P/E ratio is expected to decrease from 27x in 2024E to 15x in 2026E [3] - The P/B ratio is forecasted to decline from 2.9x in 2024E to 2.4x in 2026E [3]

Core Viewpoint - The stock of Heertai has experienced a significant surge, achieving a limit-up for four consecutive trading days, indicating strong market interest and potential investor confidence [1] Stock Performance - As of 9:26 AM, the stock price reached 18.79 yuan, with a turnover rate of 2.94% and a trading volume of 23.58 million shares, amounting to a transaction value of 443 million yuan [1] - During the consecutive limit-up period, the stock has cumulatively increased by 46.34%, with a total turnover rate of 6.76% [1] - The latest total market capitalization of A-shares stands at 17.384 billion yuan, with a circulating market capitalization of 15.058 billion yuan [1] Margin Trading Data - As of November 13, the margin trading balance for the stock is 522 million yuan, with a financing balance of 520 million yuan, reflecting a decrease of 19.83 million yuan from the previous trading day, a decline of 3.67% [1] - Over the past four days, the cumulative decrease in margin trading has reached 51.99 million yuan, representing a 9.09% decline [1] Institutional Activity - The stock has appeared on the Dragon and Tiger list due to a cumulative deviation in price of 20% over three consecutive trading days [1] - Among the leading trading departments, institutional net buying amounted to 5.74 million yuan, while the Shenzhen Stock Connect recorded a cumulative net selling of 20.27 million yuan [1] - Total net buying from trading departments reached 67.02 million yuan [1] Financial Performance - According to the third-quarter report released on October 29, the company achieved total operating revenue of 7.04 billion yuan, reflecting a year-on-year growth of 28.30% [1] - The net profit for the same period was 355 million yuan, showing a year-on-year increase of 6.29% [1]