Core Insights - The 2025 (21st) China Carbonate Industry Chain Innovation Development Conference and Lithium-ion Battery Electrolyte Technology and Market Exchange Conference aims to address industry challenges and opportunities through technological, product, and supply chain innovations [1] - The conference emphasizes collaboration among enterprises to stimulate industry vitality and aims to provide practical solutions for development challenges in the carbonate and electrolyte industries [1] Group 1: Conference Overview - The conference is organized by China Chemical News and the Carbonate Industry Think Tank, with support from various companies and institutions [1] - Key supporting organizations include Shida Shenghua New Materials Group Co., Ltd., Tangshan Haoyu Technology Development Co., Ltd., and others [1] Group 2: Agenda Highlights - The conference will feature a series of reports and discussions on topics such as green catalytic energy-saving synthesis processes for carbonate derivatives and new technologies for the direct conversion of methanol to DMC [2] - Other topics include energy-saving technology advancements for dimethyl carbonate and innovations in emerging application fields [2] Group 3: Focus Areas - The conference will address innovations in battery electrolyte materials, including the latest developments in solvents and additives for lithium battery electrolytes [3] - It will also explore the impact of new energy storage policies and growing overseas market demand on industry development opportunities [3] Group 4: Additional Activities - A closed-door meeting will be held to discuss national industrial policies, current industry status, ongoing projects, pricing systems, market expansion, and future development opportunities [3] - The conference aims to build a platform for industry-academia-research collaboration to support enterprise needs [4]

Core Viewpoint - Shida Shenghua (603026.SH) reported a net loss in the third quarter of 2025 despite an increase in revenue, primarily due to higher market and R&D investments leading to increased operating expenses [1] Financial Performance - For the first three quarters of 2025, the company achieved an operating income of 4.635 billion yuan, representing a year-on-year growth of 11.41% [1] - The net loss for the first three quarters was 62.2018 million yuan [1] - In the third quarter, the operating income was 1.624 billion yuan, with a year-on-year increase of 5.50% [1] - The net loss in the third quarter amounted to 5.8641 million yuan [1] Operational Insights - The increase in operating expenses is attributed to the company's intensified market investment and R&D efforts, which resulted in reduced operating profit [1]

证券代码：603026 证券简称：石大胜华 公告编号：临 2025-071 石大胜华新材料集团股份有限公司 2025年前三季度主要经营数据公告 单位：人民币元/吨 | 原材料名称 | 2025 年 1-9 月平均 | 2024 年 1-9 月 | 变动比率（%） | | --- | --- | --- | --- | | | 进价 | 平均进价 | | | 低压液化气 | 5,143.04 | 6,247.88 | -17.68 | | 丙烯 | 5,928.18 | 6,178.38 | -4.05 | | 乙醇 | 5,315.70 | 6,003.46 | -11.46 | | 环氧丙烷 | 7,151.94 | 8,248.92 | -13.30 | | 甲醇 | 2,102.46 | 2,167.06 | -2.98 | | 环氧乙烷 | 5,757.62 | 5,887.92 | -2.21 | 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。 石大胜华新材料集团股份有限公司（以下简称"公司"）根据上海证券交易 ...

证券代码：603026 证券简称：石大胜华 公告编号：临 2025-070 石大胜华新材料集团股份有限公司 第八届监事会第十六次会议决议公告 本公司监事会及全体监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。 一、监事会会议召开情况 （一）通过《关于公司 2025 年第三季度报告的议案》。 监事会对 2025 年第三季度报告进行了认真严格的审核，认为： （1）公司 2025 年第三季度报告的内容与格式符合中国证监会和上海证券 交易所的规定，所披露的信息真实、完整地反映了公司 2025 年第三季度的经营 情况和财务状况等事项。 （2）公司 2025 年第三季度报告的编制和审议程序符合法律、法规及《公 司章程》和公司内部管理制度的各项规定。 （一）本次监事会会议的召开符合有关法律、行政法规、部门规章、规范性 文件和公司章程的规定。 （二）本次监事会会议于 2025 年 10 月 24 日以邮件、电话方式向公司监事 会全体监事发出第八届监事会第十六次会议通知和材料。 （三）本次监事会会议于 2025 年 10 月 30 日以现场加通讯表决方式在山 ...

证券代码：603026 证券简称：石大胜华 公告编号：临 2025-069 石大胜华新材料集团股份有限公司 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。 一、董事会会议召开情况 （一）本次董事会会议的召开符合有关法律、行政法规、部门规章、规范性 文件和公司章程的规定。 （二）本次董事会会议于 2025 年 10 月 24 日以邮件、电话方式向公司董事 会全体董事发出第八届董事会第二十四次会议通知和材料。 （三）本次董事会会议于 2025 年 10 月 30 日以现场加通讯表决方式在山东 省东营市垦利区同兴路 198 号石大胜华办公楼 A325 室召开。 （四）本次董事会应出席的董事 9 人，实际参与表决的董事 9 人。 （五）本次董事会会议由董事长郭天明先生主持。 二、董事会会议审议情况 （一）通过《关于公司 2025 年第三季度报告的议案》。 表决情况： 9 票赞成， 0 票弃权， 0 票反对， 0 票回避。 公司第八届董事会审计委员会第十次会议审议通过了《关于公司 2025 年第 ...

证券代码：603026 证券简称：石大胜华 石大胜华新材料集团股份有限公司 2025 年第三季度报告 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。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，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。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、主要财务数据 石大胜华新材料集团股份有限公司2025 年第三季度报告 单位：元币种：人民币 | | | 本报告期 | | 年初至报告期 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 比上年同 | 年初至报告期末 | 末比上年同期 | | | | 期增减变 | | 增减变动幅度 | | | | 动幅度(%) | | (%) | | 营业收入 | 1,624,403,047.14 | 5.50 | 4,635,270,14 ...

Market Overview - The three major A-share indices collectively retreated, with the Shanghai Composite Index falling below the 4000-point mark, closing at 3986.90 points, down 0.73% [1] - The Shenzhen Component Index decreased by 1.16%, closing at 13532.13 points, while the ChiNext Index dropped 1.84% to 3263.02 points [1] - The total trading volume in the Shanghai and Shenzhen markets reached 242.17 billion, an increase of 16.56 billion compared to the previous day [1] Sector Performance - Most industry sectors experienced declines, with the energy and metals sector seeing significant gains [1] - The steel and battery sectors had the highest increases, while the gaming, power equipment, electronic chemicals, coal, securities, and agricultural chemicals sectors faced the largest declines [1] Stock Movements - Over 1200 stocks rose, with more than 60 hitting the daily limit up [1] - Lithium mining stocks surged, with Tianqi Lithium reaching the daily limit up [1] - Quantum technology stocks were active, with Shenzhou Information achieving two consecutive limit ups and Geer Software hitting four limit ups in six days [1] - The battery sector showed volatility, with Shida Shenghua and Tianji Shares both hitting the daily limit up [1] - The energy storage sector saw localized activity, with Tongrun Equipment achieving two consecutive limit ups [1] - Conversely, computing hardware stocks collectively weakened, with Tianfu Communication and Xinyisheng experiencing significant declines [1] - The gaming sector suffered a sharp drop, with Giant Network nearing the daily limit down [1] - The coal sector mostly declined, with Antai Group hitting the daily limit down [1] Capital Flow - In terms of capital flow, the energy metals, steel, and insurance sectors ranked high for net inflows, with energy metals seeing a net inflow of 2.829 billion [1] - On the outflow side, the communication equipment, semiconductor, and electronic components sectors experienced significant net outflows, with communication equipment seeing a net outflow of 12.23 billion [3]

Market Overview - The market experienced fluctuations, with the Shanghai Composite Index falling below 4000 points, and both the Shenzhen Component and ChiNext Index dropping over 1% [1] - The lithium battery sector showed strength, with stocks like Tianqi Lithium and Tibet Urban Investment hitting the daily limit [1] - Quantum technology concepts remained active, with stocks such as Geer Software and Shenzhou Information also reaching the daily limit [1] - The overall market saw more declines than gains, with over 4000 stocks in the Shanghai and Shenzhen markets in the red, and a total transaction volume of 2.46 trillion [1] Hot Topics Lithium Battery - The lithium battery sector surged, with stocks like Dazhong Mining and Zhenhua Co. achieving consecutive limit-ups, and companies like Penghui Energy and Shida Shenghua also hitting the daily limit [4] - The catalyst for this surge was the continued rise in lithium carbonate futures, which have seen eight consecutive days of increases [4] - On October 30, the average price of lithium hexafluorophosphate was reported at 103,000 yuan per ton, up 2.49% from the previous trading day [4] Quantum Computing - The quantum computing sector saw renewed activity, with stocks like Geer Software and Shenzhou Information hitting the daily limit, and Guodun Quantum and Hexin Instruments rising over 10% [7] - According to a report, the global quantum computing industry is projected to grow from $5.037 billion in 2024 to $21.998 billion by 2030, with 2027-2029 being critical years for growth [9] - Investment focus is shifting towards the upstream components of quantum technology, including quantum chips and low-temperature cooling systems, which are seen as key technological barriers [7] Shipping - The shipping sector experienced a significant rise, with stocks like China Merchants Energy and COSCO Shipping hitting the daily limit [10] - The catalyst for this increase was a nearly 5% rise in the European line shipping index, reaching a new high since July, alongside the Baltic Dry Index (BDI) maintaining around 2000 points [10] - Several shipping companies, including MSC and CMA CGM, have announced price increases for important shipping routes starting November 1 [10]

Market Overview - The market experienced volatility on October 30, with all three major indices showing significant declines, particularly the ChiNext Index which fell nearly 2% [1] - The Shanghai Composite Index fell below the 4000-point mark, closing down 0.73%, while the Shenzhen Component Index decreased by 1.16% and the ChiNext Index dropped by 1.84% [1] - The total trading volume in the Shanghai and Shenzhen markets reached 2.42 trillion yuan, an increase of 165.6 billion yuan compared to the previous trading day [1] Sector Performance - Lithium mining stocks surged, with Tianqi Lithium (002466) hitting the daily limit [1] - Quantum technology stocks were active, with Shenzhou Information (000555) achieving two consecutive limits and Geer Software (603232) recording four limits in six days [1] - The battery sector showed strength, with both Shida Shenghua (603026) and Tianji Shares (002759) reaching the daily limit [1] - The energy metals, steel, quantum technology, and battery sectors saw the largest gains, while sectors such as CPO, gaming, and coal experienced significant declines [1] Declining Stocks - Computing hardware stocks collectively weakened, with companies like Tianfu Communication (300394) and Xinyi Sheng (300502) experiencing substantial drops [1] - The gaming sector faced severe losses, with Giant Network (002558) nearing the daily limit down [1] - The coal sector saw most stocks decline, with Antai Group (600408) hitting the daily limit down [1]

Core Insights - The lithium battery sector is experiencing significant market activity, with notable stock price increases for companies such as Penghui Energy and Tianhua New Energy, reflecting strong investor interest [1] - China's power battery installation volume reached 76.0 GWh in September, marking a month-on-month increase of 21.6% and a year-on-year increase of 39.5% [1] - Cumulative power battery installation volume from January to September was 493.9 GWh, with a year-on-year growth of 42.5% [1] - Exports of power and other batteries totaled 199.9 GWh in the first nine months, representing a year-on-year increase of 45.5% [1] - The export of power batteries accounted for 129.1 GWh, which is 64.6% of total exports, with a year-on-year growth of 32.7% [1] - The lithium battery industry is increasingly focusing on overseas markets, with strong advantages in technology, manufacturing processes, and resource endowments [1] - The demand for household energy storage batteries is expected to rise seasonally, driven by the traditional export market for power batteries [1] - The growth of artificial intelligence computing centers is anticipated to stimulate demand for commercial energy storage solutions [1] Industry Outlook - The new energy vehicle market in China is developing healthily under the influence of "anti-involution" policies, with significant year-on-year growth in production and sales [2] - The rapid development of the new energy vehicle sector, combined with the explosive demand for energy storage driven by artificial intelligence, is expected to further boost the lithium battery industry [2] - There is a recommendation to focus on leading domestic brands in overseas markets and to monitor consumer market feedback following subsidy policy adjustments [2]