The Zhitong Finance App learned that Howell Group (00501) rose more than 6%. As of press release, it had risen 6.77% to HK$67.05, with a turnover of HK$12.854,400.
According to the news, on October 16, Howell Group issued an announcement. Based on firm confidence in the company's future development prospects and high recognition of the company's long-term value, in order to protect the interests of investors, especially small and medium-sized investors, and enhance investor confidence, the company plans to use its own funds and/or self-raised funds to repurchase some A-share public stock shares through centralized bidding transactions to implement employee stock ownership plans or equity incentive plans. The price of this repurchase is no more than RMB 120 per share (inclusive), and the total capital to be repurchased will not be less than RMB 250 million (inclusive) and not higher than RMB 500 million (inclusive).
Changjiang Securities pointed out that in the first half of 2026, Howell Group's simulation solutions business revenue was 898 million yuan, up 17.09% year on year. Among them, vehicle analog IC revenue was 200 million yuan, an increase of 66.51% year on year, making it an important increase in the analog sector. As demand for chips such as power management, signal transmission, and sensor interfaces increases for intelligent driving and smart cockpits, the company's automotive-grade product matrix continues to improve, and some new products have been verified by customers. The bank believes that in the first half of the year, the company's display solution revenue was 519 million yuan, an increase of 12.94% over the previous year. TED, OLED DDIC and automotive display drivers are expected to bring structural opportunities.