Market Insights and Updates on HeMai Co., Ltd. (SH688032)

He Mai Co., Ltd. (SH688032) Market Trends

Current Position: He Mai Co., Ltd. (SH688032)

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Recent Announcements

• Announcement on Share Buyback Progress – January 5, 2026
• Announcement on Temporary Idle Fund Management – December 6, 2025
• Verification Opinion from Citic Securities on Fund Management – December 6, 2025
• Announcement on Share Buyback Progress – December 2, 2025
• Announcement on Initial Share Buyback via Centralized Bidding – November 28, 2025
• Announcement on Share Reduction Plan by Shareholders Holding Over 5% – November 26, 2025
• Announcement on the 2025 Q3 Performance Briefing – November 6, 2025
• Announcement on Top Ten Shareholders before Share Buyback – November 4, 2025
• Announcement on Share Buyback Progress – November 4, 2025
• Announcement on Share Buyback Plan and Report – October 30, 2025

Investor Inquiries

Investor 1: Is there an employee equity holding arrangement at the company?

He Mai Co., Ltd.: Thank you for your inquiry! Information regarding the equity holdings of our directors, executives, and core technical personnel can be found in our publicly disclosed periodic reports and employee stock ownership plans. We fulfill our information disclosure obligations in accordance with relevant laws and regulations.

Investor 2: Does your energy storage equipment have algorithms to provide stable power supply for data centers?

He Mai Co., Ltd.: Yes, we provide system solutions that can adapt to the power application scenarios of data centers. We will continue to monitor developments in this area and track changes in market demand.

Investor 3: Has the company been exporting or selling to EU member countries in recent years? If so, what percentage of total revenue does the EU market represent?

He Mai Co., Ltd.: As of Q3 2025, revenue from European regions accounted for approximately 35% of our total revenue. Our sales outside of Europe primarily occur through integrators and installers to end customers.

Investor 4: From a technical perspective, could your micro-inverter products be used in future space solar projects?

He Mai Co., Ltd.: Currently, our products are not used in space solar applications, but we will continue to monitor developments in this field.

Investor 5: With the cancellation of export tax rebates, will your overseas production bases benefit from this policy?

He Mai Co., Ltd.: Our factory in Mexico is already operational. We will continue to pay attention to changes in the international environment and actively explore new markets to ensure stable long-term development.

Investor 6: What is the status of your overseas production capacity layout?

He Mai Co., Ltd.: Our factory in Mexico is operational, and we will adjust our overseas production capacity based on actual business needs to respond flexibly to external changes.

Investor 7: Are there price increases for your products?

He Mai Co., Ltd.: Prices for our products are adjusted dynamically based on production costs and market demand.

Investor 8: Can your products be used in space solar applications?

He Mai Co., Ltd.: Currently, our products are not utilized in space solar applications, but we are continuously monitoring this area.

Investor 9: How many shareholders did you have on October 31?

He Mai Co., Ltd.: For specific shareholder information, please visit our office with valid identification and proof of ownership.

Investor 10: How many shareholders did you have on November 20?

He Mai Co., Ltd.: Similar to the previous inquiry, please visit our office for this information.

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