Key Points - The stock of Renle will be delisted on July 4, 2025 [1] - Hualing Steel has been acquired by Xintai Life Insurance with a shareholding ratio of 5% [1] - Vanke A has applied for a loan of up to 6.249 billion yuan from Shenzhen Metro Group [1] - ST Yazhen has completed stock trading verification and will resume trading tomorrow [1] - Aerospace Chuangxin has regained procurement qualifications for military material engineering services [1] - Shangwei New Materials' controlling shareholder is planning a major event, and the stock will remain suspended [1] - Changling Hydraulic's actual controller is planning a change of control, and the stock will be suspended from tomorrow [1] - China Merchants Bank has been approved to establish China Merchants Financial Asset Investment Co., with a registered capital of 15 billion yuan [1] - Liugang Co. has experienced a potential irrational speculation risk with its stock [1] Operating Performance - Brothers Technology expects a net profit increase of 325% to 431.25% year-on-year for the first half of the year [1] - Huayin Power anticipates a net profit increase of 175 million to 215 million yuan year-on-year for the first half [1] - Xutian Salt Industry expects a net profit decrease of 76.34% to 80.29% year-on-year for the first half [1] - Juguang Technology expects a net loss of 42 million to 54 million yuan for the first half [1] - Beibu Gulf Port reported a cargo throughput of 31.1158 million tons in June, a year-on-year increase of 2.56% [1] - China Nuclear Power generated 115.104 billion kWh of electricity in the first half, a year-on-year increase of 15.92% [1] - Changyuan Power completed a power generation of 16.715 billion kWh in the first half, a year-on-year decrease of 8.3% [1] - Poly Developments signed contracts worth 29.011 billion yuan in June, a year-on-year decrease of 30.95% [1] Shareholding Changes - Jingye Da's actual controller plans to reduce holdings by no more than 3% [1] - Deyi Cultural Creation's actual controller Wu Tifang plans to reduce holdings by no more than 3% [1] - Caifu Trend's actual controller and chairman plan to reduce holdings by no more than 3% [1] - Annuo Qi's actual controller plans to reduce holdings by no more than 2% [1] - Suotong Development's actual controller and concerted actors plan to reduce holdings by no more than 2.21% [1] - Dingsheng Co.'s controlling shareholder plans to reduce holdings by no more than 1.71% [1] - Weitang Industrial's controlling shareholder plans to reduce holdings by no more than 1.95% [1] - Jinlong Automobile's Fujian Investment Group plans to reduce holdings by no more than 1% [1] - Wanye Enterprises' Guosheng Capital plans to reduce holdings by no more than 0.2% [1] - Zhonggang Luonai's Guoxin Shuangbai No.1 plans to reduce holdings by no more than 0.5% [1] - Funeng Technology's Shenzhen Anyan Investment plans to reduce holdings by no more than 1% [1] - Ankang Technology's Shenzhen High-tech Investment plans to reduce holdings by no more than 3% [1] - Donglai Technology plans to reduce no more than 1.2048 million repurchased shares [1] - Qujiang Cultural Tourism's controlling shareholder's 12 million shares are set to be auctioned [1] - Hesheng Silicon Industry's controlling shareholder plans to exchange no more than 1% of shares for ETF shares [1] Contract Awards - Boshi Co. signed an outsourcing service contract worth 109 million yuan with Guangxi Petrochemical [1] - Zhongyou Engineering's subsidiary signed a contract worth 294 million USD for the Atavi GMP pipeline project with Total Energy [1] - China Electric Power Construction's subsidiary signed a mining transportation project contract worth approximately 5.063 billion yuan [1] Other Developments - Xingxin New Materials plans to invest in a project with an annual output of 153,000 tons of polyolefin amine series products [4] - Haishun New Materials plans to acquire Sirewen Company to expand the application of electronic film materials in the semiconductor field [4] - Wankai New Materials is undergoing production reduction and maintenance, which is expected to significantly impact overall operating performance [4] - Donghu High-tech is participating in the establishment of the Donggao Frontier Phase II Fund to improve the development model of the park operation sector [4] - Jiete Biological plans to participate in the establishment of an industrial fund primarily investing in early and mid-stage biopharmaceutical projects [4] Asset Sales - Nord Shares plans to sell 70% equity of its wholly-owned subsidiary Jiangsu Lianxin for 70 million yuan [5]

证券代码：688567 证券简称：孚能科技 公告编号：2025-039 孚能科技（赣州）股份有限公司 股东减持股份计划公告 本公司董事会、全体董事及相关股东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。 重要内容提示： 大股东持有的基本情况 截至本公告披露日，深圳安晏投资合伙企业（有限合伙）（以下简称"深圳 安晏"）持有孚能科技（赣州）股份有限公司（以下简称"公司"）股份 137,327,573 股，占公司总股本比例为 11.2370%。 减持计划的主要内容 深圳安晏计划通过大宗交易和/或集中竞价方式减持其持有的公司部分股份， 减持数量合计不超过 12,221,039 股，占公司总股本的比例不超过 1.0000%。本次 减持计划自公告披露之日起 15 个交易日后的 3 个月内进行。 | 股东名称 | 深圳安晏投资合伙企业（有限合伙） | | | --- | --- | --- | | 股东身份 | 控股股东、实控人及一致行动人 | □是 √否 | | | 直接持股 5%以上股东 | √是 □否 | | | 董事、监事和高级管理人员 | □是 ...

Group 1 - The stock of Funeng Technology (688567) has a comprehensive score of 62.88, indicating a strong performance [1] - The main cost analysis shows that the current main cost is 14.17 CNY, with a 5-day main cost of 14.44 CNY, a 20-day main cost of 13.69 CNY, and a 60-day main cost of 13.07 CNY [1] - Over the past year, the stock has not experienced any limit-up or limit-down events [1] Group 2 - On July 2, 2025, the stock experienced a net outflow of main funds amounting to 20.42 million CNY, which represents 14% of the total trading volume [2] - The stock's short-term pressure level is at 14.89 CNY, while the short-term support level is at 14.38 CNY [2] - The related sectors, including batteries, solid-state batteries, lithium batteries, and new energy vehicles, showed declines of -1.25%, -0.97%, -0.68%, and -0.90% respectively [2]

Core Viewpoint - The company Fudi Technology (孚能科技) reported a decline in revenue for 2024, with a significant loss reduction compared to the previous year, indicating potential operational challenges despite improved profit margins [1][2]. Financial Performance - The company's operating revenue for 2024 was 11.68 billion yuan, a decrease of 28.94% year-on-year [2]. - The net profit attributable to shareholders was -0.33 billion yuan, a narrowing of losses by 82.22% year-on-year [2]. - The non-recurring net profit was -0.37 billion yuan, an increase of 78.97% year-on-year [2]. - The basic earnings per share were -0.27 yuan [2]. - The gross margin for 2024 was 11.32%, up by 7.20 percentage points year-on-year [2]. - The net margin was -2.84%, an increase of 8.52 percentage points compared to the previous year [2]. Expense Management - Total operating expenses for 2024 were 1.60 billion yuan, a reduction of 0.50 billion yuan year-on-year [2]. - The expense ratio was 13.71%, an increase of 0.93 percentage points year-on-year [2]. - Sales expenses decreased by 73.91% year-on-year, while management expenses increased by 0.68% [2]. - Research and development expenses decreased by 22.34%, and financial expenses increased by 145.06% [2]. Workforce Changes - The number of employees at the company in 2024 was 6,463, a decrease of 91 from the end of the previous year [2]. Executive Compensation - The total compensation for the board of directors, supervisors, and senior management in 2024 was 15.11 million yuan [4]. - The chairman, Wang Yu (王瑀), received a salary of 4.20 million yuan, an increase of 73.63% from the previous year's salary of 2.42 million yuan [4].

Meeting Overview - The annual general meeting of shareholders was held on June 27, 2025, at the company's administrative building in Ganzhou, Jiangxi Province [2] - The meeting was convened by the board of directors and chaired by Mr. Xie Yong, with both on-site and online voting methods utilized [3] Attendance and Voting - All 14 serving directors and 5 serving supervisors attended the meeting, ensuring a quorum for decision-making [5][6] - Farasis Energy (Asia Pacific) Limited waived its voting rights for 65,260,348 shares, which is 5.34% of the total share capital, thus not included in the total voting rights [7] Resolutions Passed - The following resolutions were approved during the meeting: 1. 2024 Annual Report and Summary [5] 2. 2024 Profit Distribution Plan [6] 3. 2024 Financial Settlement Report [6] 4. 2024 Board of Directors Work Report [6] 5. 2024 Supervisory Board Work Report [6] 6. Guarantee limit for the wholly-owned subsidiary for 2025 [6] 7. Compensation plan for independent directors of the third board [6] - All resolutions received more than half of the valid voting rights from attending shareholders [6] Legal Compliance - The meeting's procedures and voting methods were confirmed to comply with relevant laws and the company's articles of association by the witnessing lawyers from Shanghai Jintiancheng Law Firm [7]

孚能科技（赣州）股份有限公司 2024年年度股东大会决议公告 本公司董事会及全体董事保证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。 证券代码：688567 证券简称：孚能科技 公告编号：2025-038 重要内容提示： 本次会议是否有被否决议案：无 一、会议召开和出席情况 （一）股东大会召开的时间：2025 年 6 月 27 日 （二）股东大会召开的地点：江西省赣州经济技术开发区金岭西路北侧彩蝶 路西侧孚能科技行政楼三楼会议室 （三）出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东 及其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 155 | | --- | --- | | 普通股股东人数 | 155 | | 2、出席会议的股东所持有的表决权数量 | 520,545,113 | | 普通股股东所持有表决权数量 | 520,545,113 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的比例 | 44.9970 | | （%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例（%） | 44.9 ...

上海市锦天城律师事务所 关于孚能科技（赣州）股份有限公司 2024 年年度股东大会的 上海市锦天城律师事务所 关于孚能科技（赣州）股份有限公司 2024 年年度股东大会的 法律意见书 地址：上海市浦东新区银城中路 501 号上海中心大厦 11、12 层 电话：021-20511000 传真：021-20511999 邮编：200120 上海市锦天城律师事务所 法律意见书 法律意见书 致：孚能科技（赣州）股份有限公司 上海市锦天城律师事务所（以下简称"本所"）接受孚能科技（赣州）股份有 限公司（以下简称"公司"）的委托，就公司召开 2024 年年度股东大会（以下简 称"本次股东大会"）的有关事宜，根据《中华人民共和国公司法》（以下简称"《公 司法》"）等法律、法规和其他规范性文件以及《孚能科技（赣州）股份有限公司 章程》（以下简称"《公司章程》"）的有关规定，出具本法律意见书。 为出具本法律意见书，本所及本所律师依据《律师事务所从事证券法律业务 管理办法》和《律师事务所证券法律业务执业规则（试行）》等规定，严格履行 了法定职责，遵循了勤勉尽责和诚实信用原则，对本次股东大会所涉及的相关事 项进行了必要的核查和验证 ...

Group 1 - The stock of Funeng Technology (688567) has a comprehensive score of 65.64, indicating a strong performance [1] - The main cost analysis shows that the current main cost is 14.89 CNY, with a 5-day main cost of 13.67 CNY, a 20-day main cost of 13.32 CNY, and a 60-day main cost of 13.06 CNY [1] - Over the past year, the stock has not experienced any limit-up or limit-down events [1] Group 2 - The short-term resistance level is at 14.02 CNY, while the short-term support level is at 13.05 CNY [2] - A gap up in the K-line pattern indicates a potential upward trend if accompanied by significant trading volume [2] - On June 25, 2025, the net inflow of main funds was 56.55 million CNY, accounting for 10% of the total transaction volume [2]

Core Viewpoint - The solid-state battery sector has seen significant gains, particularly with companies like Guoxuan High-Tech, indicating a potential turning point in the battery industry driven by technological advancements in solid-state batteries [1][3]. Group 1: Market Performance - The solid-state battery sector experienced a surge, with Guoxuan High-Tech moving from a decline in the morning to a limit-up in the afternoon, showcasing its leadership in the market [1]. - The Battery ETF (SH561910), which has approximately 40% exposure to solid-state batteries, recorded its largest single-day gain of 4.01% this year [1]. Group 2: Technological Advancements - The breakthrough in solid-state battery technology is seen as a key factor in resolving the overcapacity issues that have plagued lithium battery production for over three years [3]. - Companies like Funeng Technology and CATL have made significant progress, with Funeng's second-generation semi-solid-state battery gaining traction among major clients and CATL leading in all-solid-state technology with plans for small-scale production by 2027 [3]. Group 3: Industry Events and Catalysts - Upcoming industry conferences, such as the Lithium Sulfide and Sulfide Solid-State Battery Technology Conference and the Solid-State Battery and Silicon-Based Anode Innovation Conference, are expected to act as catalysts for the sector's growth [3]. - Major battery manufacturers are accelerating their solid-state battery production lines, which is likely to lead to a surge in GWh-level equipment orders, positively impacting company performance and stock prices [3]. Group 4: Equipment Demand and Market Opportunities - The new technological breakthroughs in solid-state batteries are anticipated to trigger a new wave of large-scale bidding in the lithium equipment sector, reshaping equipment demand [4]. - Companies that have strategically positioned themselves in the solid-state battery space, such as CATL and Guoxuan High-Tech, are expected to benefit significantly from upcoming large-scale orders [4]. Group 5: Valuation and Investment Potential - Despite recent gains, the battery sector remains undervalued, with the Battery ETF (SH561910) currently having a PE-TTM of 24.37, which is below historical averages, indicating a strong margin of safety for investors [5]. - The opening of the solid-state battery market presents immense growth potential, suggesting that the sector could experience a prolonged upward trend similar to previous technology-driven market movements [7].

Core Viewpoint - Company Fudi Technology has made significant advancements in solid-state battery technology, with plans for mass production of its second-generation semi-solid batteries by 2025 and third-generation batteries by 2026 [1] Group 1: Battery Technology Development - The company is currently developing all-solid-state batteries with an energy density of 400-500 Wh/kg, with a plan to deliver small batches of 60Ah sulfide all-solid-state batteries to strategic partners by the end of 2025 [1] - The second-generation semi-solid battery has an energy density exceeding 330 Wh/kg and a cycle life of over 4000 cycles, having secured multiple leading low-altitude economy clients [1] - The third-generation semi-solid battery is expected to achieve an energy density of 400 Wh/kg and is projected for mass production in 2026 [1] Group 2: Market Applications - The company aims to commercialize its battery technology in high-tech fields such as low-altitude economy and humanoid robotics, which require high performance and have significant technical barriers [1]