Core Viewpoint - The company,卓越新能, has received approval from the Shanghai Stock Exchange for its simplified procedure to issue shares to specific investors, pending final registration approval from the China Securities Regulatory Commission (CSRC) [1] Group 1: Share Issuance Details - The company plans to issue 7,190,795 shares at a price of 41.72 yuan per share, aiming to raise a total of 300 million yuan, which will be used for a project to produce 100,000 tons of hydrocarbon biodiesel annually [1] - The issuance is targeted at specific investors, including various fund management companies and private investment funds, all subscribing in cash [2] Group 2: Investor Relations - The investors involved in this issuance do not have any prior relationship with the company, ensuring that the transaction does not constitute a related party transaction [3] - The lead underwriter for this share issuance is Huafu Securities, with representatives Zhou Jianwu and Hong Bin overseeing the process [3] Group 3: Company Control - The actual controllers of卓越新能 are identified as Ye Huodong, Luo Chunmei, and Ye Shaojing, with nationalities from China and Vanuatu [3]

Core Insights - The company reported a total revenue of 1.312 billion yuan for the first half of 2025, ranking 54th among disclosed peers [1] - The net profit attributable to shareholders was 117 million yuan, ranking 40th among disclosed peers, with a year-on-year increase of 16.01% [1] - The company experienced a net cash outflow from operating activities of 31.33 million yuan, an increase of 3.26 million yuan compared to the same period last year [1] Financial Metrics - The latest debt-to-asset ratio is 21.47%, ranking 57th among disclosed peers, with a decrease of 0.04 percentage points from the previous quarter [3] - The latest gross profit margin is 10.17%, which has increased by 1.50 percentage points for three consecutive quarters, and is up 3.83 percentage points year-on-year [3] - The latest return on equity (ROE) is 4.11%, ranking 58th among disclosed peers, with a year-on-year increase of 0.42 percentage points [3] - The diluted earnings per share (EPS) is 0.98 yuan, ranking 10th among disclosed peers, with a year-on-year increase of 16.67% [3] - The latest total asset turnover ratio is 0.36 times, ranking 37th among disclosed peers, while the inventory turnover ratio is 1.14 times [3] Shareholder Structure - The number of shareholders is 4,740, with the top ten shareholders holding a total of 95.30 million shares, accounting for 79.42% of the total share capital [3] - The largest shareholder is Longyan Excellence Investment Co., Ltd., holding 48.7 million shares [3] - Other significant shareholders include Hong Kong Excellence International Holdings Co., Ltd. with 26.2 million shares and China Construction Bank's fund with 1.05 million shares [3]

Group 1 - The company's revenue for H1 2025 was 1.312 billion yuan, a year-on-year decrease of 32.12%, while the net profit attributable to shareholders was 117 million yuan, an increase of 16.01% [1] - In Q2 2025, the company reported revenue of 603 million yuan, down 43.34% year-on-year and 14.96% quarter-on-quarter, with a net profit of 56.05 million yuan, a decrease of 22.3% year-on-year and 8.58% quarter-on-quarter [1] - The company's high-margin natural fatty alcohol project contributed to a gross margin increase of 3.83 percentage points year-on-year despite a decline in biodiesel sales [1] Group 2 - The price of biodiesel in China as of August 29, 2025, was 1,175 USD/ton, reflecting a 22% increase compared to the same period in 2024, indicating a steady growth trend in biodiesel prices [2] - The price of medium-chain fatty alcohol reached 24,600 yuan/ton as of August 29, 2025, up 42% year-on-year, driven by stable palm oil production and increasing demand in the downstream personal care sector [2] - The company benefits from cost advantages by using waste oils from palm oil processing to produce fatty alcohol, positioning it well to capitalize on rising fatty alcohol prices [2] Group 3 - The company is advancing its overseas base construction, with a 100,000 tons/year HVO/SAF production line in China entering the pipeline installation phase [3] - In Singapore, the company plans to build a 200,000 tons/year biodiesel capacity, starting with an initial phase of 100,000 tons/year [3] - The company has completed land exploration and is designing construction plans for a 300,000 tons/year biodiesel project in Thailand, with future plans for biodiesel projects in Saudi Arabia [3]

Core Viewpoint - The company,卓越新能, reported a decrease in revenue but an increase in net profit for the first half of 2025, indicating effective cost management and strategic market positioning [2]. Group 1: Financial Performance - The company achieved a sales volume of 150,700 tons of biodiesel and bio-based materials, with a revenue of 1.312 billion yuan, a year-on-year decrease of 32.12% [2]. - The net profit attributable to shareholders was 117 million yuan, reflecting a year-on-year increase of 16.01% [2]. Group 2: Biodiesel Sector - The company optimized product structure and controlled raw material costs, which helped mitigate market risks and prioritize profitability [3]. - The company is expanding its market presence in Europe and Southeast Asia, establishing deep partnerships with overseas clients [3]. - Ongoing projects include a 100,000-ton hydrocarbon-based biodiesel production line, which is in the pipeline installation phase, and a biodiesel production line in Thailand that has completed land leasing and is in the design phase [3]. Group 3: Bio-based Materials Sector - A 50,000-ton natural fatty alcohol production facility commenced operations in April, meeting high standards for surfactant raw materials [4]. - The company utilizes advanced technology to produce natural fatty alcohol, enhancing the application of biodiesel in bio-based chemicals and achieving domestic substitution [4]. - The company plans to expand production capacity based on operational performance and market demand [4]. - The company announced a fundraising plan to raise 300 million yuan for a new 100,000-ton hydrocarbon-based biodiesel project, with a total investment of 380 million yuan [4].

Core Viewpoint - The company,卓越新能, has experienced fluctuations in stock price and significant changes in financial performance, with a notable decrease in revenue but an increase in net profit for the first half of 2025 [1][3]. Group 1: Stock Performance - As of August 29, 2025,卓越新能's stock closed at 47.56 yuan, down 0.46% from the previous week [1]. - The stock reached a one-year high of 54.31 yuan on August 26, 2025, with a low of 47.2 yuan on August 29, 2025 [1]. - The current market capitalization is 5.707 billion yuan, ranking 70th out of 169 in the chemical products sector and 2958th out of 5152 in the A-share market [1]. Group 2: Shareholder Changes - As of June 30, 2025, the number of shareholders decreased to 4740, a reduction of 416 shareholders or 8.07% compared to March 31, 2025 [2][6]. - The average number of shares held per shareholder increased from 23,300 shares to 25,300 shares, with an average holding value of 1.217 million yuan [2]. Group 3: Financial Performance - The mid-year report for 2025 shows a total revenue of 1.312 billion yuan, a year-on-year decrease of 32.12% [3]. - The net profit attributable to shareholders was 117 million yuan, reflecting a year-on-year increase of 16.01% [3]. - The second quarter of 2025 reported a revenue of 603 million yuan, down 43.34% year-on-year, with a net profit of approximately 56.05 million yuan, a decrease of 22.3% [3]. Group 4: Company Announcements - On August 29, 2025, the company held its ninth meeting of the fifth supervisory board, approving the half-year report and the special report on the use of raised funds, confirming compliance and accuracy [4]. - The company received approval from the Shanghai Stock Exchange for a simplified procedure to issue shares to specific investors, pending registration with the China Securities Regulatory Commission [5][6].

Core Viewpoint - Longyan Zhuoyue New Energy Co., Ltd. has received approval from the Shanghai Stock Exchange for its application to issue shares to specific targets through a simplified procedure, pending final registration approval from the China Securities Regulatory Commission (CSRC) [1] Group 1 - The company’s application for issuing shares meets the conditions for issuance, listing, and information disclosure as per the Shanghai Stock Exchange's review [1] - The final decision and timing regarding the CSRC's approval for registration remain uncertain [1] - The company will fulfill its information disclosure obligations based on the progress of this matter [1]

格隆汇8月29日丨卓越新能(688196.SH)发布中报，2025上半年实现营业总收入13.12亿元，同比下降 32.12%；归属母公司股东净利润1.17亿元，同比增长16.01%；基本每股收益为0.98元。 ...

证券代码：688196 证券简称：卓越新能 公告编号：2025-034 龙岩卓越新能源股份有限公司 关于以简易程序向特定对象发行股票申请 公司本次以简易程序向特定对象发行股票事项尚需获得中国证券监督管理 委员会（以下简称"中国证监会"）作出同意注册的决定。最终能否获得中国 证监会同意注册的决定及其时间尚存在不确定性。公司将根据该事项的进展情 况及时履行信息披露义务，敬请广大投资者注意投资风险。。 特此公告。 龙岩卓越新能源股份有限公司（以下简称"公司"或"卓越新能"）于 2025 年 8 月 29 日收到上海证券交易所就公司以简易程序向特定对象发行股票 事项申请的审核意见，具体审核意见如下： "龙岩卓越新能源股份有限公司向特定对象发行股票申请符合发行条件、 上市条件和信息披露要求。本所将在收到你公司申请文件后提交中国证监会注 册。" 龙岩卓越新能源股份有限公司董事会 获得上海证券交易所审核通过的公告 2025 年 8 月 30 日 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、准确性和完整性依法承担法律责任。 1 ...

证券代码：688196 证券简称：卓越新能 公告编号：2025-032 龙岩卓越新能源股份有限公司 2025 年半年度募集资金存放与实际使用情况专项报告 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、准确性和完整性依法承担法律责任。 根据《上海证券交易所科创板上市公司自律监管指引第 1 号——规范运作》 的规定，将龙岩卓越新能源股份有限公司（以下简称"公司""）2025 年半年度 募集资金存放与使用情况报告如下： 一、募集资金基本情况 （一）募集资金金额及到位时间 经中国证券监督管理委员会证监许可〔2019〕1921 号文批准，公司获准向 社会公开发行人民币普通股（A 股）股票 30,000,000 股，每股发行价格为人民 币 42.93 元，募集资金总额 1,287,900,000.00 元，扣除承销及保荐费用、律师 费用、审计及验资费用、用于本次发行的信息披露费用、发行上市手续费及其他 费 用 （ 不 含 增 值 税 ） 87,003,779.25 元 后 ， 公 司 本 次 募 集 资 金 净 额 为 1,200,896,220.75 元。致同会计 ...

龙岩卓越新能源股份有限公司 第五届监事会第九次会议决议公告 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、准确性和完整性依法承担法律责任。 一、监事会会议召开情况 龙岩卓越新能源股份有限公司（以下简称"公司"）于 2025 年 8 月 29 日 在公司东宝生物能源分厂会议室以现场方式举行第五届监事会第九次会议（下 称"本次会议"）。本次会议通知已于 8 月 15 日通过专人送达方式发送给全体 监事。本次会议由监事会主席林春根先生主持，会议应到监事 3 名，实到监事 3 名，本次会议的召集、召开符合《公司法》等法律、法规、规范性文件和 《龙岩卓越新能源股份有限公司章程》的有关规定。 证券代码：688196 证券简称：卓越新能 公告编号：2025-033 经审核，监事会认为公司 2025 年半年度报告的编制和审核程序符合相关法 律法规和公司内部控制规章制度的规定；公司 2025 年半年度报告公允地反映了 本报告期的财务状况和经营成果；在半年度报告编制过程中，未发现公司参与 半年度报告编制和审议的人员有违反保密规定的行为；监事会全体成员承诺公 司所披露的信息真 ...