Core Viewpoint - The company, Xidian New Energy (603312), confirmed that its production and operations are normal, and there have been no changes in its fundamentals [1]. Group 1 - The company is actively engaging with investors through an interactive platform [1]. - The company reassured investors about the stability of its business operations [1]. - There are no significant changes in the company's fundamental situation [1].

Core Viewpoint - Xidian New Energy (603312) has confirmed that its battery connection system products are applied in Tesla's domestic mass production models, indicating a strong partnership with major players in the electric vehicle industry [1] Company Summary - Xidian New Energy's primary direct customer is CATL (Contemporary Amperex Technology Co., Limited) [1] - Tesla is identified as the company's largest end customer, highlighting the significance of this relationship in the company's business strategy [1]

Core Viewpoint - The company confirmed that its battery connection system products can be applied to solid-state batteries, with expectations for significant adoption in the next two years [2]. Group 1 - Investors inquired whether the company's electrical connection products are applicable to new battery types such as solid-state, semi-solid, and sodium-ion batteries [2]. - The company indicated that solid-state batteries represent a change in internal structure, and its products are compatible with these batteries [2]. - The company anticipates that the widespread use of solid-state batteries will occur in approximately two years [2].

Core Viewpoint - The company indicates that solid-state batteries represent a change in the internal structure of batteries, and its battery connection system products can be applied to solid-state batteries, with expectations for significant production to begin in two years [1] Group 1 - The company is involved in the development of battery connection systems that are compatible with solid-state batteries [1] - Solid-state battery production is anticipated to ramp up in approximately two years [1]

Core Viewpoint - The company indicates that solid-state batteries represent a change in the internal structure of batteries, and its battery connection system products can be applied to solid-state batteries. The company anticipates that solid-state battery mass production will occur in two years [1] Group 1 - The company is involved in the development of battery connection systems that are compatible with solid-state batteries [1] - Solid-state batteries are expected to see mass production starting in two years [1]

Core Viewpoint - The company acknowledges that Tesla is a significant customer, with its battery connection systems being used in Tesla's domestic production models, and that CATL is the company's largest direct customer [1]. Group 1 - The company is concerned about Tesla's potential shift away from domestic suppliers in the next two years and its impact on the company's operations [1]. - Tesla is identified as the company's largest end customer, indicating a strong reliance on Tesla for revenue [1]. - CATL is highlighted as the company's largest direct customer, emphasizing the importance of this relationship in the supply chain [1].

Core Points - Xidian New Energy's stock price has dropped 5.34% to 49.82 CNY per share, with a total market capitalization of 7.971 billion CNY, and a cumulative decline of 14.92% over the last four days [1] - The company specializes in the research, design, production, and sales of electrical connection products, with main revenue sources including battery connection systems (77.10%), electrical control busbars (11.45%), industrial electrical busbars (7.97%), and others (2.04% and 1.44%) [1] Shareholder Analysis - Huaxia Fund's Huaxia Blue Chip Mixed Fund (LOF) A has entered the top ten circulating shareholders of Xidian New Energy, holding 578,500 shares, which is 1.1% of the circulating shares [2] - The fund has incurred a floating loss of approximately 1.6256 million CNY today and a total floating loss of 5.3396 million CNY during the four-day decline [2] - The fund was established on April 24, 2007, with a current size of 1.954 billion CNY, and has achieved a year-to-date return of 26.44% [2]

Market Overview - The grid equipment sector experienced a decline of 0.79% on the previous trading day, with Xidian New Energy leading the drop [1] - The Shanghai Composite Index closed at 3972.03, down 0.46%, while the Shenzhen Component Index closed at 13202.0, down 0.11% [1] Stock Performance - Notable gainers in the grid equipment sector included: - Hongxiang Co., Ltd. (300427) with a closing price of 8.69, up 20.03% and a trading volume of 963,100 shares [1] - Longkai Co., Ltd. (603829) with a closing price of 21.97, up 10.02% and a trading volume of 152,300 shares [1] - Taiyong Changzheng (002927) with a closing price of 20.34, up 10.01% and a trading volume of 232,600 shares [1] - Conversely, Xidian New Energy (603312) saw a significant decline of 6.49%, closing at 57.32 with a trading volume of 70,000 shares [2] Capital Flow - The grid equipment sector saw a net outflow of 1.405 billion yuan from institutional investors, while retail investors contributed a net inflow of 2.06 billion yuan [2][3] - Key stocks with notable capital flow included: - Jingda Co., Ltd. (600577) with a net inflow of 419.2 million yuan from institutional investors [3] - Hongxiang Co., Ltd. (300427) with a net outflow of 66.59 million yuan from retail investors [3] - Taiyong Changzheng (002927) with a net inflow of 114 million yuan from institutional investors [3]

Group 1 - The stock price of Xidian New Energy increased by 2.88%, reaching 63.64 CNY per share, marking a new high [1] - The total market capitalization of the company surpassed 10.182 billion CNY [1] - The trading volume amounted to 153 million CNY [1]

证券代码：603312 证券简称：西典新能 公告编号：2025-086 苏州西典新能源电气股份有限公司 关于使用部分暂时闲置募集资金购买理财产品到期赎 回并继续购买理财产品的公告 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： 履行的审议程序：苏州西典新能源电气股份有限公司（以下简称"公司"） 于 2025 年 2 月 24 日召开第二届董事会第三次会议和第二届监事会第三次会议，并 于 2025 年 3 月 12 日召开 2025 年第一次临时股东大会，分别审议通过了《关于使用 部分暂时闲置募集资金进行现金管理的议案》。同意在不影响公司经营资金需求和保 障资金安全的情况下，使用不超过人民币 40,000 万元暂时闲置募集资金进行现金管 理，投资对象为安全性高、流动性好的保本型投资产品，包括不限于银行结构性存 款、定期存款、大额存单、通知存款、固定收益凭证等。投资期限不超过 12 个月。 授权的额度使用期限为自股东大会审议通过之日起 12 个月内。公司监事会、保荐机 构发表了明确同意意见。具体内容详见公司于 20 ...