证券代码：835185 证券简称：贝特瑞 公告编号：2025-039 贝特瑞新材料集团股份有限公司 第六届董事会第二十八次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 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个别及连 带法律责任。 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间：2025 年 6 月 5 日 2.会议召开地点：公司会议室 3.会议召开方式：现场与通讯方式相结合 4.发出董事会会议通知的时间和方式：2025 年 5 月 30 日以书面、邮件方式 发出 5.会议主持人：董事长贺雪琴先生 6.会议列席人员：部分监事、部分高级管理人员 7.召开情况合法、合规、合章程性说明： 本次会议的召集、召开、议案审议程序等方面符合《公司法》和《公司章程》 的规定。 （二）会议出席情况 会议应出席董事 9 人，出席和授权出席董事 9 人。 董事王道海、王轶超、刘仕洪、朱滔、于洪宇、陈建军因工作原因以通讯方 式参与表决。 二、议案审议情况 （一）审议通过《关于公司在银行办理授信额度的议案》 1.议案内容： 同意公司在中国光大银行股份有限公司深圳 ...

Core Viewpoint - Badminton is a popular sport with low risk and high skill, increasingly adopted in schools, leading to a rise in badminton racket market demand. Technological advancements in racket design and materials enhance user experience, expanding the market significantly. The Chinese badminton racket market is projected to grow from approximately 2.553 billion yuan in 2024 to 3.79 billion yuan by 2030, driven by health consciousness and sports popularity [1][17]. Industry Overview - The badminton racket typically consists of the racket head, shaft, handle, and the joint between the shaft and frame. The development of rackets has focused on reducing weight, increasing frame stiffness, improving shaft elasticity, and minimizing air resistance [3][10]. - The badminton racket market is expected to reach approximately 5.55 billion yuan globally in 2024, with projections of growth to 8.24 billion yuan by 2030, fueled by rising health awareness and fitness culture [16]. Key Parameters of Badminton Rackets - Important parameters include racket length, weight, handle thickness, frame cross-section, head shape, balance point, shaft stiffness, maximum tension, and materials used. The standard length for international rackets is 665mm, with most domestic rackets being 675mm [6][9]. - The materials used in rackets have evolved from wood to aluminum and now to advanced composites like carbon fiber, which offers superior strength and lightweight properties [14][26]. Industry Development History - The design of badminton rackets has evolved from simple wooden designs focused on durability to modern rackets made from lightweight materials like carbon fiber, enhancing performance and aesthetics [10][20]. Industry Chain - The upstream of the badminton racket industry includes raw material suppliers (carbon fiber, graphene, titanium alloys, etc.), the midstream involves manufacturing processes (frame molding, handle processing, etc.), and the downstream consists of sales channels (sports specialty stores, e-commerce, supermarkets) [12]. Competitive Landscape - Major domestic brands in the badminton racket market include Li Ning, Victor, and Hong Shuangxi, while international brands like Yonex and Kawasaki dominate the high-end market. The competition is intensifying as brands increase R&D investments to enhance product performance and quality [20][21]. Future Trends - Material technology upgrades will drive high-end development, with a focus on optimizing composite materials and integrating smart technologies into rackets for enhanced user experience [26][27]. - The market is expected to see segmentation, with high-end products led by international brands and local brands focusing on mid-range offerings, catering to diverse consumer needs [28].

Investment Rating - The report maintains a "Recommendation" rating for the electric vehicle industry, expecting the industry index to outperform the benchmark index by more than 5% in the next 3-6 months [18]. Core Insights - In May 2025, new energy vehicle deliveries from various manufacturers totaled 311,797 units, representing a year-on-year increase of 53% and a month-on-month increase of 41%. Zeekr led the sales with 46,538 units, showing a year-on-year increase of 150% and a month-on-month increase of 239% [5]. - Cumulative deliveries of new energy vehicles from domestic manufacturers reached 1,143,627 units by May 2025, reflecting a year-on-year increase of 327% [5]. - The report highlights that battery components are the most valuable parts of electric vehicles, suggesting a focus on upstream supply chains due to stable delivery growth from new energy vehicle manufacturers [5]. Summary by Sections Industry Basic Data - The electric vehicle industry comprises 300 listed companies with a total market capitalization of 48,588.68 billion and a circulating market capitalization of 42,362.62 billion [2]. Relative Index Performance - The absolute performance of the industry over the past month is 2.5%, with a 6-month performance of -8.5% and a 12-month performance of 3.3%. The relative performance shows a 0.6% increase over the past month, a -6.5% decrease over 6 months, and a -3.5% decrease over 12 months [3]. Delivery Performance - The report details the delivery performance of various new energy vehicle manufacturers in May 2025, with significant year-on-year growth for brands like Xiaopeng (230%), Li Auto (17%), and others, indicating a robust market demand [5].

证券代码：835185 证券简称：贝特瑞 公告编号：2025-038 贝特瑞新材料集团股份有限公司 2024 年年度权益分派实施公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 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个别及连 带法律责任。 贝特瑞新材料集团股份有限公司 2024 年年度权益分派方案已获 2025 年 5 月 8 日召开的股东会审议通过，本次实施分配方案距离股东会审议通过的时间未 超过两个月。 现将权益分派事宜公告如下： 本 次 权 益 分 派 基 准 日 合 并 报 表 归 属 于 母 公 司 的 未 分 配 利 润 为 6,916,983,854.51 元，母公司未分配利润为 2,334,717,479.41 元。本次权益分派共 计派发现金红利 447,223,805.20 元。 （3）对于合格境外投资者之外的其他机构投资者和法人股东，本公司未代 扣代缴所得税，由纳税人在所得发生地缴纳。 3、除权除息特别提示： 一、权益分派方案 1、本公司 2024 年年度权益分派方案为： 以公司股权登记日应分配股数 1,118,059,513 股为基数（应 ...

Group 1 - Solid-state battery concept stocks have been declining, with Ningxin New Materials and Lingge Technology dropping over 10% [1] - Other companies such as Wuhan Land Electric, Honggong Technology, Liwang Co., Lingpai Technology, Naconor, Jinyinhai, Liyuanheng, Betterray, and Shanghai Xiba have also seen declines of over 5% [1]

Group 1 - The core theme of the news revolves around the rising interest and investment in low-carbon economy initiatives, highlighted by the performance of the China Securities Low-Carbon Economy Theme Index and related ETFs [1][2][3] - The China Securities Low-Carbon Economy Theme Index (000977) saw a strong increase of 1.21%, with significant gains in constituent stocks such as Guoxuan High-Tech (up 9.99%) and Ningde Times (up 4.41%) [1] - The Carbon Neutrality ETF (159885) has experienced a 1.39% increase, marking its third consecutive rise, indicating growing investor confidence in carbon neutrality initiatives [2] Group 2 - The 2025 (Third Cross-Strait Carbon Neutrality Conference) held in Fuzhou focused on sustainable development opportunities and cooperation between the two sides, with over 200 experts and industry leaders participating [2] - The conference resulted in the "Cross-Strait Enterprises Carbon Neutral Green Action Fuzhou Initiative," urging enterprises to commit to green practices and contribute to global climate governance [2] - A report from Dongwu Securities emphasized the importance of achieving carbon peak and carbon neutrality by 2030, with a focus on establishing zero-carbon parks and factories, and expanding the national carbon trading market [2][3] Group 3 - CITIC Securities highlighted that achieving carbon neutrality by 2060 is crucial for China to integrate into the new global industrial chain and build a community with a shared future [3] - Non-fossil energy is expected to be the main driver of energy growth, with policies focusing on energy consumption control, carbon trading, and green finance [3] - The top ten weighted stocks in the China Securities Low-Carbon Economy Theme Index account for 62.79% of the index, indicating a concentrated investment in key sectors such as clean energy and storage [3]

Group 1 - The core viewpoint is that the National Index for New Energy Vehicle Batteries (980032) has shown strong performance, with significant increases in key stocks such as Guoxuan High-Tech (002074) and CATL (300750) [1][2] - The battery ETF (159755) has risen by 2.59%, reflecting a rebound of over 18% since its low on April 9 [1] - The trading volume for the battery ETF is notably high, with a turnover rate of 7.41% and a transaction value of 224 million yuan, indicating strong market interest [1] Group 2 - As of April 30, 2025, the top ten weighted stocks in the National Index for New Energy Vehicle Batteries account for 68.58% of the index, highlighting the concentration of investment in leading companies like BYD (002594) and CATL (300750) [2] - The Ministry of Industry and Information Technology has announced plans to develop standards for electric vehicle technologies, including solid-state batteries, which could drive future growth in the sector [2] - Guoxuan High-Tech has launched a new G-type solid-state battery, achieving significant progress in various applications, including eVTOL and electric vehicles, with a production capacity of 12 GWh [2]

Group 1: Industry Overview - The CIBF 2025 exhibition in Shenzhen attracted over 400,000 visitors, indicating strong interest in the lithium battery industry despite ongoing adjustments [1] - Companies are competing fiercely in the solid-state battery sector, which is considered a key battleground in the lithium battery industry [1][2] - The industry consensus is that semi-solid batteries are ready for mass production, while full solid-state battery production is expected to be realized by 2027 [1] Group 2: Company Developments - XINWANDA (300207.SZ) launched the "XIN YUNXIAO 2.0" aviation power battery with an energy density of ≥360Wh/kg, utilizing "soft solid-state" technology [2][4] - Guoxuan High-Tech (002074) showcased the GY准 solid-state battery with an energy density of 300Wh/kg, which is entering pre-production [4] - BETTERRY (835185.BJ) presented various battery material solutions, including the BE安方案 for solid-state battery systems, with new silicon-carbon anode materials validated by customers [7] Group 3: Material Advancements - The upstream materials for solid-state batteries are becoming increasingly mature, with some semi-solid battery materials already in mass production [6][8] - Star Source Materials (300568.SZ) achieved significant progress in solid electrolyte membranes, with oxide electrolytes entering mass production [8] - BETTERRY's new silicon-carbon anode materials are set to be validated for solid-state battery applications in 2024 [7]

Core Viewpoint - The solid-state battery concept stocks experienced a significant surge, with Jinlongyu hitting the daily limit, driven by positive developments in the industry and announcements from Guoxuan High-Tech [1] Group 1: Stock Performance - Jinlongyu saw a limit-up in its stock price during the afternoon session [1] - Guoxuan High-Tech, Lingpai Technology, Wanrun New Energy, and Lingge Technology all rose over 5% [1] - Other companies such as Shanghai Washba, Better Ray, and Zhenhua New Materials also experienced gains [1] Group 2: Industry Developments - Guoxuan High-Tech held the 2025 Global Technology Conference, where it announced the completion of a 0.2 GWh pilot line for solid-state batteries [1] - The company introduced six new products, including the G-Yuan quasi-solid-state battery [1] - The quasi-solid-state battery has already been tested by more than four customers [1]

Core Insights - BTR New Material Group showcased its advancements in battery technology at the 17th China International Battery Fair, reinforcing its position as a global leader in lithium battery materials [1] Product Innovations - BTR introduced the "BTR SAFE" series, featuring comprehensive solid-state and semi-solid battery solutions, including high-nickel cathodes, polymer and oxide electrolytes, and silicon-based anodes [2] - The high-nickel cathode for semi-solid batteries showed a 110-minute delay in thermal runaway peak compared to conventional cathodes, providing critical emergency response time [2] - The silicon-based anode material achieved an energy density of up to 2,300mAh/g, marking a significant improvement [2] Sustainability Initiatives - BTR unveiled its "Full-Chain Rebirth" closed-loop recycling solution for cathode and anode materials, achieving zero wastewater discharge with the S cathode material produced without precursors [3] - The "Flexible Newborn" technology allows for the renewal of anode materials, highlighted by the introduction of R graphite [3] Industry Engagement - BTR's booth at the exhibition was designed to showcase its technological ecosystem and ESG focus, attracting significant attention from industry professionals [5] - Key exhibit areas included solid-state battery materials, fast-charging anode solutions, and closed-loop recycling processes [5] Event Overview - The China International Battery Fair (CIBF2025) is a major global battery industry event, featuring over 3,000 exhibitors and attracting more than 400,000 attendees [6] Company Background - BTR New Material Group, established in August 2000 and listed on the Beijing Stock Exchange in October 2021, is a leader in renewable energy material R&D, known for its technological innovation and comprehensive product portfolio [7]