方大炭素新材料科技股份有限公司 2025 年半年度报告 1 / 213 方大炭素新材料科技股份有限公司 2025 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、准确 性、完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 公司代码：600516 公司简称：方大炭素 方大炭素新材料科技股份有限公司 2025 年半年度报告 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告涉及的经营情况讨论与分析并不构成公司对投资者的实质承诺，敬请投资者注意投资风 险。 七、 是否存在被控股股东及其他关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况 否 三、 本半年度报告未经审计。 四、 公司负责人马卓 、主管会计工作负责人赵尔琴及会计机构负责人（会计主管人员）谈虹声 明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 否 十、 重大风险提示 公司已在本报告中详细描述了围绕公司经营可能存在的主要风险，敬请查阅第三节 ...

证券代码 ：600516 证券简称：方大炭素 公告编号：2025—036 方大炭素新材料科技股份有限公司 关于使用部分闲置募集资金暂时补充流动资金的公告 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。 2025 年 5 月，公司召开第九届董事会第十一次临时会议，审议通过了《关 于新增募集资金专户并授权签署监管协议的议案》，同意公司新增开立募集资金 专项账户，该账户为暂时补充流动资金专用账户。2025 年 6 月，公司与保荐机 构、盛京银行股份有限公司沈阳市万泉支行签署了《募集资金三方监管协议》。 公司 2013 年非公开发行股票的募集资金在扣除发行费用后，拟投资于 3 万 吨/年特种石墨制造与加工项目及 10 万吨/年油系针状焦工程项目。截至 2022 年 12 月 31 日，3 万吨/年特种石墨制造项目已投入本次募集资金 14,683.30 万 元（含利息）和公司 2008 年度非公开发行募集资金节余 37,885.70 万元（含利 息），（经公司第四届董事会第二十三次临时会议以及 2011 年第二次临时股东 大会审议，同意 ...

方大炭素新材料科技股份有限公司（以下简称公司）于 2024 年 8 月 28 日召 开了第九届董事会第一次会议，会议审议通过了《关于公司使用闲置募集资金暂 时补充流动资金的议案》，同意公司使用闲置募集资金 10 亿元暂时补充流动资 金，使用期限不超过 12 个月，到期后及时归还。具体内容详见公司于 2024 年 8 月 29 日在《中国证券报》《上海证券报》及上海证券交易所网站上披露的《方大 炭素关于公司使用闲置募集资金暂时补充流动资金的公告》（公告编号： 2024-060）。 截至2025年8月26日，公司使用闲置募集资金10亿元暂时补充流动资金已全 部归还至募集资金专户，公司已将归还情况通知了保荐机构及保荐代表人。 证券代码：600516 证券简称：方大炭素 公告编号：2025-032 方大炭素新材料科技股份有限公司 关于公司使用闲置募集资金暂时 补充流动资金到期归还的公告 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。 特此公告。 方大炭素新材料科技股份有限公司 董 事 会 2025 年 8 月 27 日 ...

证券代码：600516 证券简称：方大炭素 公告编号：2025-035 方大炭素新材料科技股份有限公司 关于公司2025年上半年募集资金存放 与实际使用情况的专项报告 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。 一、2013 年非公开发行募集资金基本情况 经中国证券监督管理委员会证监许可[2012]1733 号《关于核准方大炭素新 材料科技股份有限公司非公开发行股票的批复》核准，方大炭素新材料科技股份 有限公司（以下简称方大炭素或公司）于 2013 年 6 月以非公开发行股票的方式 向 3 名特定投资者发行了 184,266,900 股人民币普通股股票，发行价格为人民币 9.89 元/股，募集资金净额为人民币 1,796,015,374 元。国富浩华会计师事务所 （特殊普通合伙）[现更名为瑞华会计师事务所（特殊普通合伙），下同]对募集 资金到位情况进行了验证，并出具了编号为国浩验字[2013]702A0001 号的验资 报告。公司已于 2013 年 6 月 24 日在中国证券登记结算有限责任公司上海分公司 办理了本次非公开 ...

Core Insights - Fangda Carbon's 2025 semi-annual report shows a significant decline in revenue and profit, indicating potential challenges in the company's financial performance [1] Financial Performance - The company achieved an operating income of 1.69 billion yuan, a year-on-year decrease of 28.13% [1] - The net profit attributable to shareholders of the listed company was 54.53 million yuan, down 68.31% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 8.35 million yuan, reflecting a 95.99% year-on-year decline [1] - Basic earnings per share were reported at 0.0144 yuan [1]

Market Overview - The steel raw materials sector increased by 0.09% on August 26, with Dazhong Mining leading the gains [1] - The Shanghai Composite Index closed at 3868.38, down 0.39%, while the Shenzhen Component Index closed at 12473.17, up 0.26% [1] Stock Performance - Dazhong Mining (001203) closed at 12.41, up 2.31% with a trading volume of 304,300 shares and a transaction value of 377 million yuan [1] - Guangdong Mingzhu (600382) closed at 5.79, up 1.05% with a trading volume of 82,500 shares and a transaction value of 47.59 million yuan [1] - Fangda Carbon (600516) closed at 5.03, up 1.00% with a trading volume of 524,000 shares and a transaction value of 263 million yuan [1] - Other stocks like Hebei Steel Resources (000923) and Steel Titanium Co. (000629) experienced slight declines [1] Capital Flow - The steel raw materials sector saw a net outflow of 11.8014 million yuan from main funds, while speculative funds had a net inflow of 20.2818 million yuan [1] - Retail investors experienced a net outflow of 8.4805 million yuan [1] Detailed Capital Flow Analysis - Dazhong Mining had a main fund net inflow of 52.3866 million yuan, but a net outflow from retail investors of 47.9657 million yuan [2] - Fangda Carbon saw a main fund net inflow of 21.0819 million yuan, with retail investors also experiencing a net outflow [2] - Other companies like Hainan Mining (601969) and Erdos (600295) showed mixed capital flows, with significant outflows from main funds in some cases [2]

证券之星消息，8月21日冶钢原料板块较上一交易日上涨0.22%，金岭矿业领涨。当日上证指数报收于 3771.1，上涨0.13%。深证成指报收于11919.76，下跌0.06%。冶钢原料板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 000655 | 金岭矿业 | 9.17 | 2.34% | 25.89万 | 2.36 Z | | 601121 | 宝地矿业 | 6.70 | 0.60% | 14.72万 | 9820.30万 | | 600516 | 方大炭素 | 4.92 | 0.41% | 29.09万 | 1.43亿 | | 600295 | 鄂尔多斯 | 10.19 | 0.39% | 9.90万 | 1.01亿 | | 000923 | 河钢资源 | 14.45 | 0.14% | 8.60万 | 1.24亿 | | 696109 | 海南矿业 | 8.36 | 0.12% | 21.15万 | 1.77亿 | | 000629 | 钢钛股份 | 2.80 | ...

从资金流向上来看，当日冶钢原料板块主力资金净流出2106.41万元，游资资金净流入4812.72万元，散户 资金净流出2706.31万元。冶钢原料板块个股资金流向见下表： 证券之星消息，8月18日冶钢原料板块较上一交易日上涨0.21%，大中矿业领涨。当日上证指数报收于 3728.03，上涨0.85%。深证成指报收于11835.57，上涨1.73%。冶钢原料板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 001203 | 大中矿业 | 12.14 | 2.19% | 18.57万 | 2.24亿 | | 601969 | 一起越使 | 8.21 | 1.36% | 23.61万 | · 1.94亿 | | 000629 | 钢钛股份 | 2.75 | 0.00% | 96.05万 | 2.64亿 | | 600516 | 方大炭素 | 4.86 | -0.21% | 31.79万 | 1.55亿 | | 000655 | 金岭矿业 | 8.67 | -0.23% | 16.4 ...

Core Viewpoint - At least seven companies have announced plans for significant investments in securities, with amounts exceeding 1 billion RMB, highlighting a trend of companies turning to stock investments amid declining core business performance [1] Group 1: Company Performance - Fangda Carbon's net profit for the first half of 2025 is projected to be between 50.02 million and 60 million RMB, representing a year-on-year decrease of 65.13% to 70.93% [2] - The company's net profit excluding non-recurring items for the first half of 2025 is expected to be only around 1 million RMB, indicating a risk of losses if performance declines further [2] - Fangda Carbon's net profit has significantly dropped from 5.526 billion RMB in 2018 to just 46 million RMB in 2024, showcasing a severe decline over seven years [1] Group 2: Investment Strategy - Fangda Carbon plans to invest up to 2.4 billion RMB of its own funds in securities, with the ability to roll over these funds and reinvest any returns [1] - The company has reported non-recurring losses from stock investments of -197 million RMB in 2022, -226 million RMB in 2023, and a gain of 115 million RMB in 2024, indicating volatility in investment performance [3] - The reliance on securities investment to supplement earnings raises concerns about financial stability, especially when core business growth is uncertain [3]

Group 1 - At least seven companies have announced plans to invest over 1 billion RMB in securities since 2025, with Liou Co., Fangda Carbon, Qipilang, Tapai Group, Lianfa Co., Xiantan Co., and Zhejiang Yongqiang among them [1] - Fangda Carbon plans to invest up to 2.4 billion RMB of its own funds in securities, with the ability to roll over funds and reinvest returns within this limit [1] - Fangda Carbon has experienced a significant decline in profits, with net profit dropping from 5.526 billion RMB in 2018 to only 46 million RMB in 2024, indicating a severe downturn in financial performance [1][2] Group 2 - In the first half of this year, Fangda Carbon's net profit attributable to shareholders is projected to decrease by 65.13% to 70.93%, with a non-recurring net profit of only around 1 million RMB, indicating a risk of losses [2] - The company attributes its poor performance to macroeconomic conditions, reduced market demand, and intensified competition, raising concerns about the wisdom of investing billions in securities at this time [2] - Fangda Carbon's past stock investments have led to significant non-operating losses, with figures of -197 million RMB, -226 million RMB, and 115 million RMB in 2022, 2023, and 2024 respectively, highlighting the volatility and risks associated with such strategies [2] Group 3 - To mitigate risks associated with stock investments by listed companies, regulatory bodies should establish clear guidelines on investment limits and require full disclosure of investment rationale and risk management [3] - Companies should focus on their core business and treat investments as a supplementary strategy, developing sound decision-making and risk control mechanisms to avoid speculative behavior [3] - Investors are encouraged to assess the competitiveness and sustainability of a company's core business rather than being misled by short-term fluctuations in investment returns [3]