Shanghai Yongmaotai Automotive Technology Co. Ltd.

Sany Heavy Industry completed its first share buyback of 623,900 shares through centralized bidding on September 11, with a total transaction amount of 12.31 million yuan. This marks the first implementation of the company's previously announced buyback plan of 400 million to 800 million yuan. Tianan New Material and Yongmaotai also disclosed buyback progress over the weekend. The two companies announced their buyback plans in late July and early August respectively. Tianan New Material has cumulatively repurchased 19.35 million yuan, while Yongmaotai has cumulatively repurchased 47.57 million yuan. As of September 11, Yongmaotai had repurchased a total of 3.3018 million shares, accounting for 1.001% of the company's total share capital, an increase of 0.58% from the previous disclosure. Jonjee Hi-Tech plans to buy back shares worth 300 million to 600 million yuan, and as of September 11 it had cumulatively repurchased 380 million yuan. According to disclosures, more than 10 companies released buyback or shareholding increase announcements over the weekend.

Yongmaotai released its 2026 interim report, with net profit attributable to the parent company of 80.4496 million yuan, up 306.94% from the same period last year. Total operating revenue was 2.985 billion yuan, up 13.94% year-on-year, achieving growth for three consecutive years. Net cash flow from operating activities was negative 373 million yuan, a decrease of 178 million yuan compared with the same period last year. The company's latest asset-liability ratio was 58.75%, gross margin was 7.39%, ROE was 3.54%, and diluted earnings per share was 0.25 yuan.

On the evening of August 10, several listed companies disclosed share buyback plans. Zhaochi Shares plans to repurchase company shares for 300 million to 500 million yuan, stating that the move is based on confidence in future development prospects and recognition of the company's value, aiming to safeguard company value and shareholder equity while maintaining stable operations and share price. Yongmaotai plans to spend 150 million to 300 million yuan on share repurchases. The company has obtained a loan commitment letter of no more than 270 million yuan from the Yangtze River Delta Integration Demonstration Zone branch of Bank of China in Shanghai. Previously, the company estimated its net profit for the first half of 2026 at approximately 75 million to 86 million yuan, a year-on-year increase of about 279.37% to 335.01%. Yongsi Electronics plans to repurchase 100 million to 150 million yuan, with funds coming from a special loan from the Ningbo Yuyao sub-branch of Bank of Communications and its own funds. Debang Technology plans to spend 12 million to 24 million yuan on share repurchases for employee stock ownership plans or equity incentives, with a repurchase price not exceeding 115.29 yuan per share. Aoto Electronics plans to repurchase 10 million to 20 million yuan, with a repurchase price not exceeding 8.00 yuan per share.

Yongmaotai has issued an earnings forecast, expecting net profit attributable to owners of the parent company for the first half of 2026 to be between 75 million yuan and 86 million yuan, representing a year-on-year increase of 279% to 335%. The company said the profit growth was mainly due to active market development, with product sales volume and operating revenue rising year-on-year, while efforts to improve quality and efficiency also yielded positive results. Net profit for the second quarter is expected to be between 57 million yuan and 68 million yuan, up 219% to 281% quarter-on-quarter.