Summary of Key Points Core Viewpoint - On June 20, the total trading volume of individual stocks on the Beijing Stock Exchange reached 1.101 billion shares, with a total transaction value of 24.153 billion yuan, representing a decrease of 6.271 billion yuan compared to the previous trading day. Among the traded stocks, 75 closed with gains, while 190 experienced declines [1]. Trading Performance - The number of stocks that closed higher was 75, accounting for 28.09% of the tradable stocks. Notable gainers included Ningxin New Materials, Lin Tai New Materials, and Yuanhang Precision, which rose by 15.67%, 8.86%, and 8.29%, respectively. Conversely, stocks such as Keli Co., Beiyikang, and Ruixing Co. saw declines of 13.01%, 12.78%, and 11.85% [1]. - Stocks with transaction values exceeding 100 million yuan included Guohang Ocean, Ningxin New Materials, and Keli Co., with transaction values of 1.155 billion yuan, 702.313 million yuan, and 666.528 million yuan, respectively [1]. Stock Activity - A total of 44 stocks had a turnover rate exceeding 10%, with 7 stocks exceeding 20%. The turnover rates for Keli Co., Ningxin New Materials, and Guohang Ocean were 50.11%, 42.29%, and 29.56%, respectively [1]. - The overall trading activity indicated a significant level of volatility, with a total of 75 stocks trading over 100 million yuan in transaction value [1]. Notable Stocks - The closing prices and performance of notable stocks included: - Guohang Ocean: Closing price of 13.62 yuan, up 7.08%, turnover rate of 29.56%, transaction value of 1.154 billion yuan - Ningxin New Materials: Closing price of 23.70 yuan, up 15.67%, turnover rate of 42.29%, transaction value of 702.313 million yuan - Keli Co.: Closing price of 51.53 yuan, down 13.01%, turnover rate of 50.11%, transaction value of 666.528 million yuan [1].

Market Overview - A-share market experienced a "high-low switch" with strong sectors like innovative drugs, controllable nuclear fusion, and digital currency facing adjustments, while previously weak humanoid robot sector rebounded significantly [1][2] - High-position stocks faced significant fluctuations, with companies like Changshan Pharmaceutical and Yong'an Pharmaceutical hitting the daily limit down, contributing to a 1.98% drop in the micro-cap stock index [2] Index Performance - As of the morning close, the Shanghai Composite Index fell by 0.86% to 3359.78, the Shenzhen Component Index decreased by 1.01% to 10072.42, and the ChiNext Index dropped by 1.1% to 2032.19 [3] Innovative Drug Sector - The innovative drug sector saw a pullback, with Changshan Pharmaceutical hitting a 20% daily limit down and other stocks like Hanyu Pharmaceutical also experiencing significant declines [5][6] - Despite the current adjustments, institutions remain optimistic about the innovative drug sector's investment opportunities in the second half of the year, citing supportive policies and improving fundamentals [8] Solid-State Battery Sector - The solid-state battery sector showed strong performance in the morning, with stocks like Haike Xinyuan and others experiencing significant gains [10] - Key factors driving the solid-state battery sector include policy support, breakthroughs in research by leading battery manufacturers, continuous optimization of equipment, and unexpected commercial progress [11][12][13]

Core Viewpoint - The special graphite industry is experiencing significant growth driven by increasing demand in various sectors such as photovoltaics, semiconductors, and new energy batteries, supported by government policies and technological advancements [1][13]. Industry Overview - Special graphite, characterized by a carbon content greater than 99.99%, is essential in strategic emerging industries due to its high strength, density, and purity [3]. - The demand for special graphite in China is projected to grow from 115,000 tons in 2019 to 250,000 tons by 2024, with a compound annual growth rate (CAGR) of 16.80% [1][13]. Market Demand and Supply - The production of special graphite in China increased from 60,000 tons in 2019 to 134,100 tons in 2023, with a slight decline expected in 2024 to 121,300 tons, reflecting a 9.5% decrease from the previous year [11]. - The market for isotropic graphite is dominated by fine structure graphite, which accounted for 111,616 tons in 2024, despite a 9.33% decline from 2023 [11]. Technological Characteristics - Special graphite materials possess key physical and chemical properties, including high volume density, compressive strength, and low resistivity, which are critical for various applications [5][6]. Policy Support - The Chinese government has implemented several policies to promote the development of the special graphite industry, including the inclusion of high-performance graphite in encouraged categories for investment [7][9]. Competitive Landscape - The special graphite industry in China is characterized by a relatively low concentration of large-scale enterprises, with key players including Wuxing New Materials, Chengdu Carbon Materials, and Ningxin New Materials [17][19]. - The industry is witnessing a shift towards domestic production of high-end graphite products, reducing reliance on imports [15][23]. Future Trends - The demand for high-end special graphite products is expected to increase, particularly in sectors like photovoltaics and lithium batteries, with annual growth rates projected to exceed 20% [26]. - Environmental policies are pushing the industry towards greener and more sustainable practices, emphasizing energy efficiency and resource recycling [24].

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、股权质押概述 （一）基本情况 公司股东邓达琴质押 6,190,000 股，占公司总股本 6.6492%。在本次质押的 股份中，4,300,000 股为有限售条件股份，1,890,000 股为无限售条件股份。质押 期限为 2025 年 5 月 29 日起至业务结清止。质押股份用于为公司借款提供担保， 质押权人为江西奉新县工业园区开发有限公司，质押权人与质押股东不存在关联 关系。质押股份已在中国结算办理质押登记。 （二）本次股权质押对公司的影响 证券代码：839719 证券简称：宁新新材 公告编号：2025-048 江西宁新新材料股份有限公司 股权质押的公告 所涉及的股份是实际控制人控制的股份。 包括本次质押股份在内，如果全部在质股份被行权不会导致公司控股股东或 者实际控制人发生变化。 本次股权质押不会对公司生产经营等产生影响。 二、股权质押所涉股东情况 （一）质押具体情况 股东姓名（名称）：邓达琴 是否为控股股东、实际控制人及其一致行动人：是 公司任职： ...

宁新新材(839719)今日上涨5.88%，全天换手率33.42%，成交额3.68亿元，振幅11.63%。龙虎榜数据显 示，营业部席位合计净卖出240.56万元。 宁新新材5月23日交易公开信息 | 买/ 卖 | 会员营业部名称 | 买入金额（万元） | 卖出金额（万元） | | --- | --- | --- | --- | | | 东方财富证券股份有限公司拉萨东环路第二证券营业 | | | | 买一 | 部 | 694.82 | 509.31 | | 买二 | 国信证券股份有限公司深圳互联网分公司 | 510.58 | 652.65 | | 买三 | 东方财富证券股份有限公司拉萨团结路第二证券营业 | 485.11 | 657.05 | | | 部 | | | | 买四 | 招商证券股份有限公司长沙芙蓉中路证券营业部 | 470.69 | 5.41 | | 买五 | 东方财富证券股份有限公司山南香曲东路证券营业部 | 439.90 | 274.07 | | | 东方财富证券股份有限公司拉萨团结路第二证券营业 | | | | 卖一 | 部 | 485.11 | 657.05 | | 卖二 | 国信证券股份有 ...

Group 1: Investor Relations Activities - The company conducted an investor relations activity on May 21, 2025, from 15:30 to 17:00 via the "Panorama Roadshow" interactive platform [3] - Participants included investors engaging in the "2025 Jiangxi Listed Companies Online Collective Reception Day" [3] - Company representatives included Chairwoman Deng Daqin, CFO Deng Congxiu, and Vice General Manager and Board Secretary Tian Jiali [3] Group 2: Key Questions and Responses - The company is involved in the development of solid-state battery materials, specifically special graphite materials, which are essential for solid electrolyte research and production [5] - The solid-state battery sector is considered a potential direction for the company's future development, although the industry is not yet fully industrialized and involves confidentiality agreements with clients [5] - The company is open to the possibility of introducing strategic investors or asset restructuring, with any such arrangements to be disclosed in accordance with regulations [5]

Core Viewpoint - The A-share market experienced a decline, with major indices showing negative performance, while certain sectors like banking performed well amidst overall market weakness [3][4][6]. Market Performance - On May 22, the Shanghai Composite Index fell by 0.22% to 3380.19 points, the Shenzhen Component Index decreased by 0.72% to 10219.62 points, and the ChiNext Index dropped by 0.96% to 2045.57 points. The North Star 50 Index saw a significant decline of over 6% [3][4]. - Over 4400 stocks in the market experienced declines, with sectors such as beauty care, pet economy, chemical fiber, and aquaculture showing the largest drops [7]. Sector Analysis - Banking stocks, including Shanghai Pudong Development Bank, Jiangsu Bank, and Chengdu Bank, reached historical highs, indicating strength in this sector [6]. - Solid-state battery concept stocks faced significant declines, with companies like Ningxin New Materials, Lingge Technology, and Honggong Technology dropping over 10% [6]. Capital Flow - Main capital flows showed net inflows into aerospace, gaming, and insurance sectors, while there were net outflows from power, photovoltaic equipment, and food and beverage sectors. Notable net inflows included Kunlun Wanwei (1.274 billion), Qingdao Jinwang (455 million), and Hongbo Shares (393 million) [9]. - Conversely, Tianqimo, Hongbaoli, and Guoxuan High-Tech faced significant sell-offs, with outflows of 985 million, 616 million, and 599 million respectively [9]. Institutional Perspectives - Galaxy Securities noted that the fundamentals are being revised upwards for Q2, with global funds showing a preference for Hong Kong stocks over A-shares [11]. - CITIC Securities highlighted that the index has repeatedly tested the 3400-point mark without significant volume increase, suggesting potential for a breakthrough. They recommend investors focus on sector rotations and domestic technological innovations [11]. - Shanghai Securities emphasized that market liquidity remains ample, and even with adjustments, the downside is limited. They foresee continued foreign capital inflows and support for technology sectors as a long-term investment theme [11].

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]

证券代码：839719 证券简称：宁新新材 公告编号：2025-044 江西宁新新材料股份有限公司 2024 年年度股东会决议公告 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 5 月 20 日 2.会议召开地点：宁新新材会议室 3.会议召开方式：现场及网络相结合方式 4.会议召集人：董事会 5.会议主持人：邓达琴 6.召开情况合法合规的说明： 本次会议的召开、召集和议案审议程序符合《中华人民共和国公司法》及《公 司章程》的有关规定，表决结果合法有效 （二）会议出席情况 同意股数 32,311,508 股，占本次股东会有表决权股份总数的 99.9988%；反 对股数 400 股，占本次股东会有表决权股份总数的 0.0012%；弃权股数 0 股，占 本次股东会有表决权股份总数的 0%。 出席和授权出席本次股东会的股东共 12 人，持有表决权的股份总数 32,311,908 股，占公司有表决权股份总数的 35.0235%。 其中通 ...

股票交易异常波动公告 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、股票交易异常波动的具体情况 公司股票最近 3 个有成交的交易日（2025 年 5 月 19 日至 2025 年 5 月 21 日）以内收盘 价涨幅偏离值累计达到 40.41%，根据《北京证券交易所交易规则（试行）》的有关规定，属 于股票交易异常波动情形。 二、公司关注并核实的相关情况 1、 核实对象： 公司控股股东、实际控制人及一致行动人，在任的董事、监事及高级管理人员。 2、 核实方式： 证券代码：839719 证券简称:宁新新材 公告编号：2025-046 江西宁新新材料股份有限公司 前期公告的事项不存在需要更正、补充之处,未发现可能或已经对本公司股票交易价格 产生较大影响的媒体报道或市场传闻，不涉及热点概念事项；近期公司经营情况及内外部经 营环境未发生重大变化；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；不存在其他可能对股价产生较大影响的重大事件。 三、是否存在应披露而未披 ...