Key Highlights - Tianqi Co., Ltd. participated in financing for Galaxy General Robotics, acquiring up to 0.38% equity [1] - Hualan Vaccine has no vaccine products available for the prevention of Nipah virus [1] - Aisen Co., Ltd. plans to invest 2 billion yuan to build an integrated circuit materials manufacturing base in East China [1] - Beixin Road and Bridge won a contract for a project worth 1.221 billion yuan [1] - Yongding Co., Ltd. expects a net profit increase of 225.66% to 388.48% in 2025 [1] - Puxin Co., Ltd. intends to acquire a 5% stake in Liyuan Fluororesin for 240 million yuan [1] - Huatai Medical has repurchased 0.7202% of its shares [1] - Dayi Long plans to reduce its stake by no more than 3% [1] - Dongcai Technology's actual controller and vice chairman, Xiong Haitao, has been detained [1] - Yichang Technology's actual controller, Xiong Haitao, is under investigation and has been detained [1] Project Investments - Nord Co., Ltd. plans to invest 168 million yuan to upgrade production line equipment for Qinghai Electronics [1] - Aisen Co., Ltd. is set to invest 2 billion yuan in a manufacturing base for integrated circuit materials [1] Contract Awards - Jintanglang Co., Ltd. won a contract for the interior decoration and weak current intelligent engineering of a new hotel project [1] - Beixin Road and Bridge secured a contract worth 1.221 billion yuan [1] - Huakang Clean won a project worth 54.88 million yuan [1] Earnings Forecasts - New Meixing Co., Ltd. expects a net profit growth of 160.76% to 204.96% in 2025 [1] - Hongxin Electronics anticipates a net profit of 110 million to 150 million yuan in 2025, a year-on-year increase of 93.61% to 164.01% [1] - Yongding Co., Ltd. forecasts a net profit increase of 225.66% to 388.48% in 2025 [1] - Zhenlei Technology expects a net profit increase of 529.64% to 642.26% in 2025 [1] - Ningbo Fubang anticipates a net profit growth of 3099.59% to 4379.43% in 2025 [1] Share Acquisitions - Puxin Co., Ltd. plans to acquire a 5% stake in Liyuan Fluororesin for 240 million yuan [1] - Yingxin Development intends to acquire 60% equity in Changxing Semiconductor [1] Share Buybacks - Jingji Zhino has repurchased 5.438 million shares [2] - Huatai Medical has repurchased 0.7202% of its shares [2] Share Reductions - Baida Precision plans to reduce its stake by no more than 2% [2] - Dayi Long intends to reduce its stake by no more than 3% [2] - Zhishang Technology's Liu Dongsheng and Liu Dongli plan to reduce their stakes by no more than 3% [2] - Shichuang Securities' City Power plans to reduce its holdings by no more than 27.245 million A-shares [2] - Pianzaihuang's Jiulongjiang Group plans to increase its holdings by 300 million to 500 million yuan [2] Other News - Dongcai Technology's actual controller and vice chairman, Xiong Haitao, has been detained [2] - Jingpin Special Equipment has been banned from participating in procurement activities for military supplies for three years [2] - Yichang Technology's actual controller, Xiong Haitao, is under investigation and has been detained [2]

证券代码：600110 证券简称：诺德股份 公告编号：临2026-005 诺德新材料股份有限公司关于 公司子公司青海电子材料产业发展有限公司 二厂1.5万吨生产线技术改造项目的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 重要内容提示： ● 投资标的名称：青海电子材料产业发展有限公司二厂1.5万吨生产线技术改造项目 ● 投资金额：项目总投资估算为人民币1.68亿元 ● 交易实施尚需履行的审批及其他相关程序：本次交易未达到董事会及股东会审议标准，无需提交董事 会或股东会审议。 ● 其它需要提醒投资者重点关注的风险事项：本项目具有一定的建设周期，存在因环保、政策、市场波 动及行业环境变化等不确定性因素影响，导致新建项目建成后无法达到预期效益的风险。敬请广大投资 者理性投资，注意投资风险。 一、对外投资概述 （一）本次交易概况 1、本次交易概况 为推动产品迭代升级、精准把握高端市场发展机遇，诺德新材料股份有限公司（以下简称"公司"）拟对 全资子公司青海电子材料产业发展有限公司（以下简称"青海电子"）2010年投资建设的二厂1 ...

一、停复牌 嘉事堂：股东光大实业筹划公司股权转让，股票停牌。 二、回购 片仔癀：控股股东九龙江集团拟3亿元-5亿元增持公司股份。创新药PZH2113胶囊Ⅰ期临床试验完成首 例受试者入组，国内外暂无相同适应症的同靶点药品获批上市。 三、并购重组 泰凌微：拟通过发行股份及支付现金方式收购磐启微100%股权。 四、经营 1、百通能源：拟通过全资子公司图达铝业与安哥拉共和国丹德港发展有限公司签订《投资意向协 议》，拟以自有及自筹资金约4亿美元对外投资，并设立全资公司百通图达（安哥拉）铝业有限公司。 2、普洛药业：与杭州德睿智药科技有限公司签订《战略合作框架协议》，开展CDMO项目的长期合 作。 3、诺德股份：拟对全资子公司青海电子2010年投资建设的二厂1.5万吨生产线设备实施更新改造，项目 总投资估算为人民币1.68亿元；改造完成后，生产范围将从原有设计规格为6-8微米及以上常规锂电铜 箔，拓展至具备4.5微米及以下高端锂电铜箔的量产能力。 五、业绩变动 1、国泰海通：2025年净利润为275.33亿元至280.06亿元，同比增加111%至115%。财富管理、机构与交 易等业务收入同比显著增长。 6、南亚新材：20 ...

格隆汇1月27日丨诺德股份（维权）(600110.SH)公布，公司拟对全资子公司青海电子材料产业发展有限 公司（称"青海电子"）2010年投资建设的二厂1.5万吨生产线设备实施更新改造。 本项目总投资估算为人民币1.68亿元。改造完成后，生产线将实现产品制程的全方位升级——生产范围 将从原有设计规格为6-8微米及以上常规锂电铜箔，拓展至具备4.5微米及以下高端锂电铜箔的量产能 力，产品品质与档次同步实现跨越式提升，可精准匹配下游客户在高端产品领域的核心生产需求。 当前，在动力电池与储能电池行业高速发展的双重驱动下，锂电铜箔市场整体需求量呈稳步攀升态势， 为公司锂电铜箔业务的规模拓展创造了良好市场环境；与此同时，行业需求结构正加速向高端化转型， 4.5微米规格的高端锂电铜箔市场需求持续增长。在此趋势下，为了更好的应对客户对该类高端产品的 供应需求，公司计划通过本次技改，持续优化青海电子的产品技术指标、提升核心生产能力，精准契合 下游企业在产品升级迭代中的需求，进一步巩固并强化公司在高端锂电铜箔领域的竞争优势。 ...

证券代码：600110 证券简称：诺德股份 公告编号：临 2026-006 诺德新材料股份有限公司 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 关于计提资产减值准备及资产报废的公告 为真实、准确地反映公司资产状况和经营成果，根据《企业会计准则》和公司会 计政策的相关规定，基于谨慎性原则，公司对截至 2025 年 12 月 31 日合并报表范围内 的相关资产进行充分评估和分析，对存在减值迹象的资产进行减值测试，经初步测 算，公司 2025 年度计提相应的资产减值准备 0.44 亿元；鉴于公司对部分资产进行更 新改造，对无利用价值的资产进行了报废，发生资产报废净损失 1.52 亿元。具体情况 如下： 一、计提资产减值准备及资产报废的情况概述 （一）2025 年度公司计提各类资产减值准备共计 0.44 亿元，具体如下： 注：上述金额包括本期计提及收回或转回金额。 （二）公司因对部分资产更新改造，对无利用价值的资产进行了报废，发生资产 报废净损失 1.52 亿元，具体如下： 单位：亿元 币别：人民币 | | | 1 单位：亿元 币 ...

证券代码：600110 证券简称：诺德股份 公告编号：临 2026-005 诺德新材料股份有限公司 关于公司子公司青海电子材料产业发展有限公司 二厂 1.5 万吨生产线技术改造项目的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 重要内容提示： 投资标的名称：青海电子材料产业发展有限公司二厂 1.5 万吨生产线技 术改造项目 其它需要提醒投资者重点关注的风险事项：本项目具有一定的建设周 期，存在因环保、政策、市场波动及行业环境变化等不确定性因素影响，导 致新建项目建成后无法达到预期效益的风险。敬请广大投资者理性投资，注 意投资风险。 一、对外投资概述 （一）本次交易概况 1、本次交易概况 为推动产品迭代升级、精准把握高端市场发展机遇，诺德新材料股份有限公 司（以下简称"公司"）拟对全资子公司青海电子材料产业发展有限公司（以下 简称"青海电子"）2010 年投资建设的二厂 1.5 万吨生产线设备实施更新改造。 本项目总投资估算为人民币 1.68 亿元。改造完成后，生产线将实现产品制程的 全方位升级——生产范围将从原有设计规 ...

诺德股份公告，公司拟对全资子公司青海电子材料产业发展有限公司2010年投资建设的二厂1.5万吨生 产线设备实施更新改造。本项目总投资估算为人民币1.68亿元。改造完成后，生产线将实现产品制程的 全方位升级——生产范围将从原有设计规格为6-8微米及以上常规锂电铜箔，拓展至具备4.5微米及以下 高端锂电铜箔的量产能力，产品品质与档次同步实现跨越式提升，可精准匹配下游客户在高端产品领域 的核心生产需求。 ...

每经AI快讯，1月27日，诺德股份(600110.SH)公告称，拟对全资子公司青海电子材料产业发展有限公司 二厂1.5万吨生产线设备实施更新改造，项目总投资估算为1.68亿元。改造完成后，生产线将具备4.5微 米及以下高端锂电铜箔的量产能力，以应对下游客户在高端产品领域的需求。 （文章来源：每日经济新闻） ...

Core Insights - The core value of current collector coating materials lies in improving electrode interface performance, addressing traditional issues such as weak adhesion, high resistance, and corrosion susceptibility, making them essential for high energy density batteries [1][2] Industry Overview - Current collector coating materials are functional materials applied to the surfaces of battery current collectors, composed of carbon-based materials, conductive polymers, and other components, enhancing interface performance [2][4] - The market for current collector coating materials in China is projected to reach 7.18 billion yuan by 2025, with a year-on-year growth rate exceeding 38%, and is expected to further increase to 9.91 billion yuan in 2026 [1][6] Market Drivers - The demand for current collector coating materials is primarily driven by the rapid expansion of the lithium battery industry and the explosive growth of the new energy vehicle and energy storage markets [1][6] - The Chinese lithium battery industry is experiencing significant growth, with shipments expected to rise from 142.7 GWh in 2020 to 1,888.6 GWh in 2025, reflecting a compound annual growth rate of 69.4% [10] Policy Support - The Chinese government has introduced multiple policies to support the development of the energy electronics industry, emphasizing innovation, safety standards, and environmental requirements, which collectively promote the growth of the current collector coating materials sector [5][11] Industry Trends - The current collector coating materials industry is expected to evolve towards high-end technology, integrated industry structures, and diversified applications, with a focus on domestic substitution of core materials and expanding application scenarios [1][12] - Future technological advancements will include multi-functional composite coatings and low-VOCs green processes, enhancing performance for high energy density battery systems [13] - The industry is likely to see consolidation, with leading companies extending their value chains and focusing on domestic production of critical materials [14] - Application scenarios are expanding from power batteries and energy storage to consumer electronics and hydrogen energy storage, driving demand for customized products [15]

Core Viewpoint - The AI Fund Huashang New Energy Vehicle Mixed A (013886) reported a profit of 28.387 million yuan for Q4 2025, with a weighted average profit per fund share of 0.0407 yuan. The fund's net value growth rate was 6.86%, and its total size reached 448 million yuan by the end of Q4 2025 [2][15]. Fund Performance - As of January 22, the unit net value of the fund was 0.659 yuan. The fund manager, Chen Xiaoqiong, oversees three funds, all of which have shown positive returns over the past year. The highest growth rate among these funds was 105.95% for Huashang High-end Equipment Manufacturing Stock A, while the lowest was 56.95% for Huashang New Energy Vehicle Mixed A [2][3]. Market Overview - In Q4 2025, the A-share market experienced fluctuations, with the Shanghai Composite Index oscillating between 3,800 and 4,030 points, briefly surpassing the 4,000-point mark in October. The Shanghai Composite Index, CSI 300, ChiNext Index, and STAR Market Index saw respective changes of 2.22%, -0.23%, -1.08%, and 10.1% [3]. Investment Strategy - The fund's investment strategy focuses on two main themes: growth and quality. Growth investments are centered around sectors such as lithium batteries, energy storage, solid-state batteries, and AIDC power equipment, with an emphasis on tracking industry developments and selective stock picking. The quality investments are directed towards assets with strong competitive advantages and sustainable profitability [3]. Fund Rankings - As of January 22, the fund's performance over various time frames ranked as follows among comparable funds: 20.14% growth over the last three months (40/621), 51.01% over the last six months (54/621), 56.95% over the last year (141/613), and -24.00% over the last three years (524/535) [3]. Risk Metrics - The fund's Sharpe ratio over the last three years was 0.0231, ranking 495 out of 526 comparable funds. The maximum drawdown during this period was 60.46%, with the largest single-quarter drawdown occurring in Q1 2024 at 32.7% [9][11]. Portfolio Composition - The average stock position of the fund over the last three years was 87.3%, slightly above the comparable average of 85.83%. The fund reached its highest stock position of 92.85% at the end of Q3 2025 and its lowest of 74.26% at the end of H1 2024 [14]. Top Holdings - As of the end of Q4 2025, the fund's top ten holdings included Ningde Times, Sunshine Power, Tianci Materials, Duofluor, Huasheng Lithium, Huayou Cobalt, Guocheng Mining, Xian Dao Intelligent, Penghui Energy, and Nord Shares [18].