证券代码：600973 证券简称：宝胜股份 公告编号：2025-051 宝胜科技创新股份有限公司 第八届董事会第二十四次会议决议公告 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个别及连带责任。 宝胜科技创新股份有限公司（以下简称"公司"）于 2025 年 12 月 10 日以传 真、电子邮件及专人送达等方式向公司全体董事及高级管理人员发出了召开第八 届董事会第二十四次会议的通知。2025 年 12 月 15 日上午 9:30，第八届董事会 第二十四次会议在宝胜会议中心 1 号接待室召开。会议应到董事 11 名，实到董 事 11 名，董事马永胜先生、张航先生、卢之翔先生，独立董事王跃堂先生、路 国平先生、王益民先生和裴力先生以通讯方式参加表决。公司部分高级管理人员 列席了会议。会议由公司董事长生长山先生主持。会议的召集和召开符合《公司 法》等有关法律、法规和《公司章程》的规定。 会议就以下事项进行审议： （www.sse.com.cn）的《宝胜科技创新股份有限公司关于终止部分募投项目并将 剩余募集资金永久补充流动资金的公告》（公告编号 ...

宝胜股份12月15日公告，公司拟终止"年产20万吨特种高分子电缆材料项目"，节余募集资金2.57亿元及 孳息将用于永久补充流动资金。截至2025年11月30日，该项目已累计使用募集资金1.52亿元，调整后拟 使用募集资金投资金额4.09亿元。此次终止部分募投项目并将剩余募集资金永久补充流动资金事项尚需 提交公司股东会审议。 ...

宝胜股份公告，公司拟终止"年产20万吨特种高分子电缆材料项目"，节余募集资金2.57亿元及孳息将用 于永久补充流动资金。截至2025年11月30日，该项目已累计使用募集资金1.52亿元，调整后拟使用募集 资金投资金额4.09亿元。此次终止部分募投项目并将剩余募集资金永久补充流动资金事项尚需提交公司 股东会审议。 ...

证券日报网讯 12月12日晚间，宝胜股份发布公告称，公司于2024年12月19日召开了第八届董事会第十 六次会议及第八届监事会第十二次会议，审议通过了《关于使用闲置募集资金临时补充流动资金的议 案》，同意使用部分闲置募集资金不超过人民币26，000.00万元临时补充流动资金，使用期限自董事会 审议通过之日起不超过12个月。截至本公告日，公司已将上述用于临时补充流动资金的26，000.00万元 悉数归还至募集资金专用账户，该资金使用期限未超过12个月。 （文章来源：证券日报） ...

证券代码：600973 证券简称：宝胜股份 公告编号：2025-050 宝胜科技创新股份有限公司董事会 宝胜科技创新股份有限公司 关于归还临时补充流动资金的募集资金的公告 宝胜科技创新股份有限公司（以下简称"公司"）于 2024 年 12 月 19 日召 开了第八届董事会第十六次会议及第八届监事会第十二次会议，审议通过了《关 于使用闲置募集资金临时补充流动资金的议案》，同意使用部分闲置募集资金不 超过人民币 26,000.00 万元临时补充流动资金，使用期限自董事会审议通过之日 起不超过 12 个月。具体内容详见上海证券交易所网站《宝胜科技创新股份有限 公司关于变更部分募集资金投资项目及部分募投项目延期并使用闲置募集资金 临时补充流动资金的公告》（公告编号：2024-041）。公司实际使用人民币 26,000.00 万元闲置募集资金用于临时补充流动资金。 截至本公告日，公司已将上述用于临时补充流动资金的 26,000.00 万元悉数 归还至募集资金专用账户，该资金使用期限未超过 12 个月，并及时将上述募集 资金的归还情况告知保荐机构及保荐代表人。 特此公告。 本公司董事会及全体董事保证本公告内容不存在任何虚 ...

Core Insights - The news highlights the significant advancements and competitive advantages of various companies in the nuclear fusion materials and technology sector, emphasizing their roles in the ITER project and domestic fusion initiatives. Company Summaries - **West Superconducting (688122)**: As a leading player in low-temperature superconducting materials, the company is the sole domestic supplier for ITER's low-temperature superconducting wire, with its products being critical for fusion device superconducting magnets. The company has achieved international standards in key performance metrics and has established a comprehensive production chain, positioning itself to benefit from the growing demand for superconducting materials as fusion projects accelerate [1][23]. - **Lianchuang Optoelectronics (600363)**: The company focuses on high-temperature superconducting technology, being the only domestic entity capable of designing and manufacturing large-diameter high-temperature superconducting magnets. It has successfully applied its technology in the "Spark One" project and aims to capture high-end market share as high-temperature superconducting technology expands in the fusion sector [2][24]. - **Antai Technology (000969)**: A leader in core materials for nuclear fusion components, the company supplies critical materials for ITER's first wall and blanket modules. Its advanced tungsten-copper composite components meet international standards, and it has a strong foothold in the supply chain for fusion experiments, poised to benefit from increased orders as fusion projects ramp up [3][25]. - **Guoguang Electric (688776)**: The company is a key supplier for plasma control and core components in fusion devices, holding a 60% market share for ITER's divertor. It has secured significant contracts, including an 18 billion yuan package for the CFETR project, indicating strong demand for its products as global fusion construction progresses [4][27]. - **Yongding Co., Ltd. (600105)**: The company specializes in high-temperature superconducting tape, with a projected 80% revenue growth in its superconducting business for 2024. It is involved in the development of superconducting magnets for fusion reactors, leveraging its parent company's resources to create a comprehensive industrial layout [5][28]. - **Xiamen Tungsten (600549)**: The company holds a monopoly in tungsten-based materials for nuclear fusion, being the only supplier with full-process certification for ITER's tungsten-copper divertor components. It is expanding its production capacity to meet growing demand as fusion engineering progresses [6][29]. - **Baosheng Co., Ltd. (600973)**: A leader in special cables for nuclear fusion, the company has secured all cable orders for the "Chinese Circulator No. 3" project, amounting to 5.2 billion yuan. Its products meet international standards, and it is positioned to benefit from the increasing demand for specialized cables in fusion projects [7][30]. - **Guangda Special Materials (688186)**: The company has developed materials for superconducting coil armor, achieving batch production and securing significant orders. Its products are critical for fusion devices, and it is well-positioned to benefit from the growing demand as fusion projects expand [8][31]. - **Hongxun Technology (603015)**: Through its subsidiary in Italy, the company supplies high-precision power systems for ITER, which are essential for plasma control. As domestic fusion projects accelerate, the demand for its power systems is expected to grow significantly [9][32]. - **Wangzi New Materials (002735)**: The company focuses on special capacitors for fusion pulse power systems, being the only domestic supplier certified by ITER. Its products are crucial for plasma heating and confinement, and it is expected to see increased demand as fusion projects move towards commercialization [10][33]. - **Jiusheng Electric (301082)**: A niche leader in special cables for nuclear fusion, the company has a market share exceeding 40% in nuclear power special cables. Its products are already in use in ITER, and it is well-positioned to benefit from the growing demand for specialized cables in fusion applications [11][34]. - **Hedong Intelligent (603011)**: The company is a key player in manufacturing core structural components for fusion, focusing on vacuum chambers. It has secured significant contracts and is expected to benefit from the increasing demand for large structural components as fusion projects advance [12][35]. - **Zhongzhou Special Materials (300963)**: The company specializes in high-temperature and corrosion-resistant materials for fusion applications, supplying critical components for major fusion projects. Its products are expected to see increased demand as fusion engineering progresses [13][37]. - **China Nuclear Construction (601611)**: As a core member of the "national team," the company plays a leading role in the construction of fusion projects, leveraging its extensive experience in nuclear engineering to meet complex project demands [14][38]. - **China Nuclear Power (601985)**: The company is positioned as a long-term beneficiary of the nuclear fusion industry, actively participating in major fusion projects and leveraging its expertise in nuclear power operations to support the commercialization of fusion energy [15][39]. - **Hancable Co., Ltd. (002498)**: The company is a significant player in special and superconducting cables for fusion, with a focus on meeting the extreme conditions of fusion environments. It is expected to capture a substantial market share as demand for specialized cables grows [16][40]. - **Wol Nuclear Materials (002130)**: The company focuses on insulation materials and special components for fusion, leveraging its expertise in nuclear-grade materials to meet the stringent requirements of fusion applications [17][41]. - **Dongfang Tantalum (000962)**: The company is a hidden champion in core materials for nuclear fusion, holding a dominant market position in beryllium materials and superconducting niobium. It is expected to benefit significantly from the upcoming surge in fusion project orders [18][43]. - **Nuiwei Co., Ltd. (603699)**: The company is a core player in the nuclear fusion valve market, holding over 80% market share. It has secured significant contracts for ITER and is expanding its international presence, positioning itself for substantial growth as global fusion projects accelerate [19][20]. - **Hailu Heavy Industry (002255)**: The company is a leading supplier of core structural components and vacuum systems for fusion, with significant contracts in place for ITER and domestic projects. It is well-positioned to benefit from the growing demand for these critical components as fusion engineering progresses [21][42].

New Stock Listings - Baiaosaitu (688796) listed at an issue price of 26.68 on December 10, 2025[1] - Quanyin Gaoke (300087) has a tender offer period from December 4, 2025, to January 5, 2026[1] - Tiangong Co. (605255) has a tender offer period from November 20, 2025, to December 19, 2025[1] Delisting and Trading Alerts - ST Guangdao (920680) enters the delisting arrangement period starting December 11, 2025[1] - ST Suwu (600200) has 13 trading days remaining until the last trading day[1] Market Volatility - Hai Xin Food (002702) reported severe abnormal fluctuations[1] - Anji Food (603696) and other companies are under observation for abnormal trading activities[2] Additional Announcements - Multiple companies including Dongbai Group (600693) and Nanjing Business Travel (600250) have recent announcements linked to their stock codes[1] - Various companies are linked to announcements regarding abnormal fluctuations and trading activities[3]

Core Viewpoint - Baoshen Co., Ltd. announced a financial service framework agreement with AVIC Finance, allowing for a maximum daily deposit balance of RMB 1.5 billion and a revolving loan limit of RMB 1.5 billion, effective for three years from the date of signing [2] Group 1 - The agreement includes a maximum daily deposit balance (including accrued interest) of RMB 1.5 billion [2] - The revolving loan limit is also set at RMB 1.5 billion [2] - The agreement will remain valid for three years from the effective date [2]

Core Viewpoint - Baoshan Co., Ltd. announced that its stock price experienced an abnormal fluctuation, with a cumulative increase of over 20% in closing prices over three consecutive trading days [2] Group 1 - The stock trading days with significant price changes were December 4, December 5, and December 8, 2025 [2] - The company conducted a self-examination and confirmed with its controlling shareholder and actual controller that there are no undisclosed significant matters as of the announcement date [2]

Group 1 - The A-share market showed mixed performance, with the communication and electronics sectors experiencing significant gains, with many stocks hitting the daily limit or rising over 10% [1][2][3] - The Shanghai Composite Index fell by 0.13% to 3918.83, while the Shenzhen Component Index rose by 0.09% to 13341.62, and the ChiNext Index increased by 1.07% to 3224.38 [3][4] - The communication sector saw a rise of over 3%, with stocks like Hengxin Oriental, Dekeli, and Online Offline hitting the daily limit, while others like Zhongji Xuchuang and Xinyisheng also saw gains [4][5] Group 2 - The electronics sector also experienced substantial growth, with stocks such as Purun Co., Yidong Electronics, and Shengyi Electronics rising over 10%, while others like ChaoSheng Electronics and Junya Technology hit the daily limit [5][6] - Several stocks in the A-share market continued to show active performance, with many hitting the daily limit after consecutive gains in previous trading days [8] Group 3 - The Hong Kong stock market showed a downward trend, with the Hang Seng Index falling nearly 1% and the Hang Seng Tech Index dropping over 1.5% [18] - In the Hong Kong market, stocks like Xinyi Glass, Xinyi Solar, Longfor Group, and Zijin Mining saw declines of over 4%, while WuXi Biologics and Hang Lung Properties were among the top gainers [18]