关于召开2025年第三季度业绩说明会的公告 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。 登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：603200 证券简称：上海洗霸 公告编号：2025-066 上海洗霸科技股份有限公司 重要内容提示： 会议召开时间：2025年12月11日(星期四) 下午 15:00-16:00 会议召开地点：上海证券交易所上证路演中心（网址：https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于2025年12月4日(星期四) 至12月10日(星期三)16:00前登录上证路演中心网站首页点击"提问预 征集"栏目或通过公司邮箱shech@china-xiba.com进行提问。公司将在说明会上对投资者普遍关注的问题 进行回答。 上海洗霸科技股份有限公司（以下简称"公司"）已于2025年10月30日披露《公司2025年第三季度报 告》，详见刊登于上海证券交易所网站（www.sse.com.cn）及《上海证券报》的相关文件。 为便于广大投资者更全 ...

证券代码：603200 证券简称：上海洗霸 公告编号：2025-066 上海洗霸科技股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 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： 会 议 召 开 时 间 ： 2025 年 12 月 11 日 ( 星 期 四 ) 下 午 15:00-16:00 会议召开地点：上海证券交易所上证路演中心（网址： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 （二）会议召开地点：上证路演中心 （三）会议召开方式：上证路演中心网络互动 三、参加人员 上海洗霸科技股份有限公司（以下简称"公司"）已于 2025 年 10 月 30 日披露《公司 2025 年第三季度报告》，详见刊登于上海证券 交易所网站（www.sse.com.cn）及《上海证券报》的相关文件。 为便于广大投资者更全面深入地了解公司 2025 年第三季度经营 成果、财务状况，公司计划于 2025 年 12 月 11 日（星期四）下午 15:00-16:00 ...

Core Viewpoint - The announcement of the first large-capacity all-solid-state battery production line by GAC Group has sparked renewed interest and investment in the solid-state battery sector, leading to a rise in related stock prices and increased institutional research activity [1][2]. Industry Developments - The solid-state battery concept index has increased by 2% following the positive news, reversing a four-day decline [1]. - In the past month, 15 solid-state battery concept stocks have been subject to intensive research by over 50 institutions, indicating strong market interest [6]. - Solid-state battery stocks have seen an average price increase of 60% this year, with eight stocks, including Haike New Energy and Shanghai Xiba, experiencing gains exceeding 100% [2][6]. Financial Performance - In the first three quarters of this year, 129 solid-state battery concept stocks reported positive net profit growth, with 41 stocks showing a year-on-year increase of over 100% [2]. - Chujiang New Material led the growth with a 20-fold increase in net profit, while several other companies also reported significant profit increases [2]. Market Outlook - Major global battery manufacturers are expected to begin mass production of solid-state batteries between 2027 and 2028, with current developments primarily in pilot production stages [2][8]. - The global solid-state battery shipment is projected to reach 705 GWh by 2030, with a compound annual growth rate (CAGR) of 183% from 2025 to 2030 [8][9]. Strategic Collaborations - Companies like EVE Energy and Huabao New Energy have signed strategic cooperation agreements to focus on solid-state battery technology research and industrial applications [5]. - Financial institutions are increasing credit support for solid-state battery projects, with significant funding commitments from major banks to support the industry's development [9]. Policy Support - The Chinese government has issued several policies to accelerate the development of solid-state batteries, including the establishment of a standard system and support for key materials [10]. - The solid-state battery sector is recognized as a strategic emerging industry, receiving ongoing policy backing to facilitate its growth [9][10]. Industry Trends - The solid-state battery sector is transitioning from isolated efforts to a more integrated approach, presenting a historic opportunity for the Chinese battery industry to lead globally [11].

Group 1 - GAC Group has officially completed and put into production a pilot line for all-solid-state batteries in Guangzhou, which is the first in the industry to achieve mass production conditions for automotive-grade all-solid-state batteries with a capacity of over 60Ah [1] - The energy density of the newly developed all-solid-state batteries is nearly double that of existing batteries, enabling vehicles with a range of over 500 kilometers to potentially exceed 1000 kilometers [1] - GAC Group plans to conduct small batch vehicle trials in 2026 and gradually achieve mass production between 2027 and 2030 [1] Group 2 - Solid-state battery concept stocks have seen an average increase of 60.91% this year, with several stocks, including Haike New Source and Shanghai Xiba, rising over 100% [2] - Haike New Source's stock has surged by 314.68% this year, and the company has signed a strategic cooperation agreement with Kunlun New Material for the purchase of 59.62 thousand tons of electrolyte solvent [2] - Rongbai Technology plans to establish a 6000-ton pilot line in Xiantao by 2025 to validate new processes and equipment, with a goal to start production in North America and Europe by 2029 [2] Group 3 - Haopeng Technology has received attention from 23 institutions, and its BBU battery business is expected to continue growing due to increasing demand for AI computing and high-end backup power supplies [3] - Among solid-state battery concept stocks, 10 stocks are expected to see over 20% growth in net profit for 2025 and 2026, including companies like Enjie and Putailai [3] Group 4 - A table summarizes the market capitalization, number of rating agencies, and projected net profit growth rates for various solid-state battery concept stocks, indicating strong growth expectations for companies like CATL and Xiamen Tungsten [4]

Core Points - The company Shanghai Washba Technology Co., Ltd. has announced the progress of its entrusted wealth management using its own funds, amounting to 140 million RMB, with 50 million RMB already received and 90 million RMB currently held in wealth management products [2][3] - The purpose of this entrusted wealth management is to enhance the efficiency of fund utilization and increase returns for the company and its shareholders [3] - The company has established internal controls to manage risks associated with the wealth management products, ensuring compliance with the board's investment limits and conducting thorough analysis before investment [6][7] Summary by Sections Entrusted Wealth Management Overview - The entrusted wealth management is conducted with the Bank of Communications Shanghai Branch, involving structured deposits with varying terms of up to 64 days [2][5] - The funds used for this management are temporarily idle funds from the company's bank accounts, and no performance guarantees are required [4] Financial Impact - As of September 30, 2025, the company's cash holdings were approximately 277 million RMB, with the entrusted wealth management funds representing 50.54% of the cash and 11.86% of the net assets [8] - The company assures that this wealth management will not affect its normal operational cash flow or business activities, aiming to improve fund efficiency and returns without harming shareholder interests [8] Risk Management - The company has implemented strict measures for risk control, including regular audits and oversight by the board's audit committee and independent directors [6][7] - The wealth management products are categorized as low-risk, with the company prioritizing fund safety while monitoring market conditions that may affect expected returns [7] Decision-Making Process - The board of directors approved the use of up to 200 million RMB for entrusted wealth management on April 27, 2025, with the investment limit valid for one year [10] - The company has previously faced issues with private equity investments, leading to significant losses, but the current strategy focuses on safer, lower-risk financial products [11]

证券代码：603200 证券简称：上海洗霸 公告编号：2025-065 上海洗霸科技股份有限公司 自有资金委托理财进展公告 （一）委托理财目的 本次委托理财的目的在于进一步提高公司的资金使用效率，依法 增加公司的收益，为公司和股东谋取较好的投资回报。 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： 委托理财受托方：交通银行股份有限公司上海分行 本次委托理财金额：自有资金 14,000 万元人民币，其中 5,000 万元人民币理财已到账，目前实际持有理财金额 9,000 万元人民币 本次委托理财产品名称：交通银行蕴通财富定期型结构性存款 64 天，交通银行蕴通财富定期型结构性存款 63 天，交通银行蕴通财 富定期型结构性存款 36 天 本次委托理财期限：不超过 64 天的不同期限 履行的审议程序：2025 年 4 月 27 日，上海洗霸科技股份有限 公司（以下简称"公司"）第五届董事会第十四次会议和第五届监事 会第十一次会议分别审议并表决通过了《关于 2025 年度以闲置自有 资金进行委托理财的议案》，同意公司使 ...

Group 1 - Shanghai Xiba's stock price fell by 5.16% due to the announcement of investigations into short-term trading involving its employee director and vice president [1] - The China Securities Regulatory Commission (CSRC) issued investigation notices to multiple companies, indicating a broader crackdown on market misconduct [1][2] - The recent cases highlight typical violations in the capital market, including short-term trading, market manipulation, and financial fraud [3] Group 2 - Regulatory measures are intensifying, with increased penalties for violations, such as raising the maximum fine for financial fraud from 600,000 to 10 million yuan [4] - The judicial system is reflecting these changes, as seen in the sentencing of Meng Qingshan from Meihua Biological, which exemplifies the new legal landscape [4] - Strengthened regulation and higher costs for violations are expected to reshape the A-share market environment, reducing the incentive for market participants to engage in misconduct [4]

Core Viewpoint - Shanghai Xiba's stock price surged after entering the solid-state battery business in 2022, but the actual impact on revenue remains minimal despite the hype surrounding the solid-state concept [1] Group 1: Company Overview - Shanghai Xiba, established in 1994, specializes in water treatment specialty chemicals, process chemicals, and advanced materials in the new energy sector [1] - The company has experienced declining revenue in recent years, with a decrease of 10.5%, 5.8%, and 5.52% in revenue growth for the first three quarters of 2023 compared to previous years [1] Group 2: Stock Performance - The company's stock price increased over fourfold since June 2022, with a more than 200% rise in 2023 alone, but has recently seen a decline of nearly 30% from its peak [1][4] - The stock price rose from a low of 16 CNY/share to a peak of 110 CNY/share, reflecting significant volatility [3][4] Group 3: Solid-State Battery Business - Shanghai Xiba entered the solid-state battery field through a collaboration with the Shanghai Institute of Ceramics, Chinese Academy of Sciences, establishing a joint innovation laboratory [2] - The company has announced plans for the production of various solid-state battery materials, including 200 tons/year of solid-state lithium-ion battery powder and 500 tons/year of silicon-carbon anode materials [2] - The solid-state battery business has multiple technology routes, including sulfide, oxide, and halide [5] Group 4: Management and Governance Issues - The company is under investigation for short-term trading violations by executives, raising concerns about governance [5][6] - The actual controller of the company initiated a share reduction plan in June 2023, although the plan has not been executed yet [6]

Core Viewpoint - Shanghai Xiba's stock price surged after entering the solid-state battery business in 2022, but the actual impact on revenue remains minimal, raising questions about the sustainability of this growth and the implications of insider selling [1][2]. Group 1: Company Overview - Shanghai Xiba, established in 1994, specializes in water treatment specialty chemicals, process chemicals, and advanced materials in the new energy sector [1]. - The company has seen a significant stock price increase, with a rise of over 200% this year alone, although it has recently experienced a decline of nearly 30% from its peak [1][3]. Group 2: Financial Performance - The company's revenue has been declining, with year-on-year growth rates of -10.5%, -5.8%, and -5.52% for the first three quarters of 2023 [2]. - Despite a net profit exceeding 100 million yuan in the third quarter of this year, this was largely due to a one-time gain from the transfer of ATL's equity, which is not sustainable [2][3]. Group 3: Solid-State Battery Business - Shanghai Xiba has made significant investments in the solid-state battery sector, including partnerships with research institutions to develop advanced materials and technologies [5][7]. - The company has established a multi-faceted approach to solid-state battery technology, focusing on sulfide, oxide, and halide routes, but the revenue from these initiatives remains small and does not significantly impact overall performance [9][10]. Group 4: Insider Trading and Market Reactions - Recent investigations into insider trading by executives have raised concerns, with the company announcing that two executives are under investigation for short-term trading violations [11][12]. - The actual controller of the company has also announced plans to reduce holdings, which could signal a lack of confidence in the stock's future performance [12].

Core Insights - Shanghai Xiba experienced a stock price decline of 2.04% on November 18, trading at 80.76 CNY per share with a total market capitalization of 14.172 billion CNY [1] - The company has seen a significant stock price increase of 234.00% year-to-date, with a recent 4.27% rise over the last five trading days [1] Financial Performance - For the period from January to September 2025, Shanghai Xiba reported a revenue of 354 million CNY, a year-on-year decrease of 5.52%, while net profit attributable to shareholders increased by 146.80% to 119 million CNY [2] - Cumulative cash dividends since the company's A-share listing amount to 150 million CNY, with 41.0938 million CNY distributed over the last three years [3] Shareholder Information - As of September 30, 2025, the number of shareholders increased by 106.66% to 48,800, with an average of 3,592 circulating shares per shareholder, a decrease of 51.61% [2] - New institutional shareholders include Bosera Huixing Return Mixed Fund and AVIC New Start Flexible Allocation Mixed Fund, while several funds exited the top ten shareholders list [3]