Market Overview - The Shanghai Composite Index is at 3757.36 points, with a decline of 1.47% and total A-share trading volume of 20349.66 billion yuan [1] - As of now, 73 A-shares have surpassed their annual line, with notable stocks showing significant deviation rates [1] Notable Stocks - Stocks with the highest deviation rates include: - Aibulu (301259) with a deviation rate of 8.09% and a price increase of 10.22% [1] - Gongxiao Daji (000564) with a deviation rate of 8.06% and a price increase of 8.56% [1] - Shenglong Co. (603178) with a deviation rate of 6.11% and a price increase of 10.02% [1] - Other stocks with lower deviation rates that have just crossed the annual line include: - Weiguang Biological, Changjiang Electric Power, and Yunnan Tourism [1] Deviation Rate Rankings - The top stocks by deviation rate on September 4 include: - Aibulu (301259): Latest price 47.35 yuan, annual line 43.81 yuan [1] - Gongxiao Daji (000564): Latest price 2.79 yuan, annual line 2.58 yuan [1] - Shenglong Co. (603178): Latest price 20.54 yuan, annual line 19.36 yuan [1] - Additional stocks with notable performance include: - Wufangzhai (603237) with a deviation rate of 4.78% [1] - Yuanzhu Co. (603886) with a deviation rate of 3.50% [1]

Market Overview - The Shanghai Composite Index closed at 3738.32 points, with a decline of 1.97%, and the total trading volume of A-shares reached 1618.672 billion yuan [1] - As of today, 63 A-shares have surpassed their annual moving average, indicating a positive trend for these stocks [1] Notable Stocks - The stocks with the largest deviation rates from their annual moving average include: - Aibulu (301259) with a deviation rate of 11.16% and a daily increase of 13.36% [1] - Wufangzhai (603237) with a deviation rate of 5.06% and a daily increase of 6.65% [1] - Gongxiao Daji (000564) with a deviation rate of 3.81% and a daily increase of 4.28% [1] - Other stocks that have just crossed their annual moving average with smaller deviation rates include: - Jianzhijia (乖离率较小) and Dongfang Haiyang, which have just recently crossed the annual line [1] Trading Data - The trading data for stocks that broke through the annual moving average includes: - Aibulu (301259): Latest price 48.70 yuan, annual line 43.81 yuan, turnover rate 17.66% [1] - Wufangzhai (603237): Latest price 18.61 yuan, annual line 17.71 yuan, turnover rate 5.13% [1] - Gongxiao Daji (000564): Latest price 2.68 yuan, annual line 2.58 yuan, turnover rate 8.36% [1]

Core Viewpoint - The company, Nantong Xingqiu Graphite Co., Ltd., is actively expanding its international market presence, particularly in India and Southeast Asia, while maintaining a strong position in the domestic graphite equipment sector [2][3]. Company Overview - Nantong Xingqiu Graphite was established on October 24, 2001, and went public on March 24, 2021. The company specializes in the research, production, sales, and maintenance of graphite equipment [7]. - The main revenue sources for the company include graphite equipment (53.78%), equipment parts (20.66%), maintenance services (10.99%), and other services (8.67%) [7]. - As of June 30, 2025, the company reported a revenue of 310 million yuan, a year-on-year increase of 5.77%, while the net profit attributable to shareholders decreased by 24.50% to 46.67 million yuan [7]. Market Position and Recognition - The company is recognized as one of the primary suppliers of graphite chemical equipment and has been designated as a "specialized, refined, distinctive, and innovative" small giant enterprise by the Ministry of Industry and Information Technology [2][3]. - This designation highlights the company's focus on niche markets, strong innovation capabilities, high market share, mastery of key technologies, and superior quality and efficiency [3]. Recent Developments - The company signed a product sales contract with Adani Group's subsidiary Mundra for a total amount of approximately 29.99 million yuan, involving the supply of graphite equipment for a 1 million ton green PVC project [2]. - The company successfully ignited a three-in-one hydrochloric acid synthesis furnace for its recent projects in Vietnam, indicating progress in its international project execution [2]. Financial Performance and Shareholder Information - The company has distributed a total of 205 million yuan in dividends since its A-share listing, with 140 million yuan distributed over the past three years [8]. - As of June 30, 2025, the number of shareholders decreased by 10.42% to 3,524, while the average circulating shares per person increased by 11.63% to 40,795 shares [7].

Group 1 - The company, Xingqiu Graphite (688633.SH), reported a total operating revenue of 310 million yuan for the first half of 2025, representing a year-on-year increase of 5.77% [1] - The net profit attributable to shareholders of the parent company was 46.67 million yuan, showing a year-on-year decline of 24.5% [1] - The basic earnings per share were 0.32 yuan [1]

Key Points - The company, Nantong Planet Graphite Co., Ltd., has repurchased a total of 500,000 shares from March 25, 2024, to May 14, 2024, to maintain company value and protect shareholder interests [1][2] - The repurchased shares will be sold through centralized bidding within 12 months after the announcement of the repurchase results and share changes, and must be completed within 3 years [1][5] - If the company fails to sell the shares within the specified period, the unsold portion will be canceled following relevant procedures [1][5] Reduction Plan - The company plans to reduce its holdings by selling up to 500,000 shares, which represents no more than 0.35% of the total share capital, within 3 months starting 15 trading days after the announcement [2][3] - The reduction will occur through centralized bidding at market prices, and the number of shares to be reduced will be adjusted if there are changes in the total share capital due to stock dividends or capital reserve transfers [2][3] - The reduction period is set from September 22, 2025, to December 21, 2025 [3] Shareholder Information - The reduction will be executed from the repurchased shares held in a dedicated securities account, with no involvement from controlling shareholders or related parties [2][6] - The company has not sold or transferred any shares since its listing [2][6] - The company assures that the reduction will not significantly impact its operations, finances, or future development, and will help supplement daily operational liquidity [6][7]

Company Summary - Planet Graphite plans to reduce its repurchased shares by no more than 500,000 shares, accounting for up to 0.35% of the total share capital, through centralized bidding within three months from 15 trading days after the announcement [1] - As of the report, Planet Graphite has a market capitalization of 3.8 billion yuan [1] Industry Overview - For the year 2024, the revenue composition of Planet Graphite is as follows: Basic chemical industry accounts for 69.86%, petrochemical industry for 20.98%, other businesses for 5.9%, other industries for 2.41%, and environmental protection industry for 0.85% [1]

Core Viewpoint - The financial report of Xingqiu Graphite for the first half of 2025 indicates a mixed performance with revenue growth but a significant decline in net profit [1][2]. Financial Performance - The company's revenue for the first half of 2025 was 310 million yuan, representing a year-on-year increase of 5.77% [1]. - The net profit attributable to shareholders was 46.67 million yuan, a decrease of 24.50% compared to the previous year [1]. - The net profit after deducting non-recurring gains and losses was 35.50 million yuan, down 30.54% year-on-year [1]. - Basic earnings per share stood at 0.32 yuan [1]. - The gross margin for the first half of 2025 was 33.83%, down 7.20 percentage points year-on-year, while the net margin was 14.95%, a decline of 6.11 percentage points [1]. Quarterly Insights - In Q2 2025, the gross margin was 34.72%, a decrease of 6.25 percentage points year-on-year but an increase of 2.15 percentage points quarter-on-quarter [1]. - The net margin for Q2 was 16.27%, down 2.77 percentage points year-on-year but up 3.20 percentage points from the previous quarter [1]. Expense Analysis - Total operating expenses for the first half of 2025 were 60.47 million yuan, a slight decrease of 0.41 million yuan year-on-year [2]. - The expense ratio was 19.48%, down 1.27 percentage points from the previous year [2]. - Sales expenses increased by 8.82%, while management and R&D expenses decreased by 13.75% and 9.82%, respectively [2]. - Financial expenses saw a significant increase of 40.97% [2]. Company Overview - Xingqiu Graphite, established on October 24, 2001, is located in Rugao City, Jiangsu Province, and was listed on March 24, 2021 [2]. - The company's main business includes the research, production, sales, and maintenance services of graphite equipment [2]. - Revenue composition includes graphite equipment (53.78%), equipment parts (20.66%), maintenance services (10.99%), and others (8.67%) [2]. - The company belongs to the machinery and equipment industry, specifically in specialized equipment for energy and heavy machinery [2].

Group 1 - The company held its 21st meeting of the second Supervisory Board on August 28, 2025, which was conducted in accordance with relevant laws and regulations [1][2] - The Supervisory Board approved the 2025 Half-Year Report and its summary, confirming that the report accurately reflects the company's financial status and operational results without any false statements or omissions [1][2] - The Supervisory Board also approved the Special Report on the storage and actual use of raised funds for the first half of 2025, stating that the management of these funds complies with regulatory requirements and does not harm shareholder interests [2][3] Group 2 - The Supervisory Board approved the establishment of a new special account for raised funds due to changes in investment projects, ensuring proper management and usage of the funds [2][3]

经审议，公司监事会认为：公司《2025 年半年度报告》及其摘要的编制符 合相关法律法规及《公司章程》的有关规定，报告真实、准确、完整地反映了公 司的财务状况和经营成果，不存在虚假记载、误导性陈述或重大遗漏。同意《2025 年半年度报告》及其摘要。 | 证券代码：688633 | 证券简称：星球石墨 | 公告编号：2025-041 | | --- | --- | --- | | 转债代码：118041 | 转债简称：星球转债 | | 南通星球石墨股份有限公司 第二届监事会第二十一次会议决议公告 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 南通星球石墨股份有限公司(以下简称"公司")第二届监事会第二十一次 会议于 2025 年 8 月 18 日以书面方式发出会议通知，于 2025 年 8 月 28 日在公司 会议室以现场结合通讯的方式召开，本次会议由公司监事会主席陈小峰先生主持， 会议应参加表决监事 3 人，实际参加表决监事 3 人。本次会议的召集、召开符合 《中华人民共和国公司法》(以下简称《公司 ...

二、董事会会议审议情况 （一）审议通过《关于<2025 年半年度报告>及其摘要的议案》 经审议，公司董事会认为：公司《2025 年半年度报告》及其摘要的编制符 合相关法律法规及《公司章程》的有关规定，报告真实、准确、完整地反映了公 司的财务状况和经营成果，不存在虚假记载、误导性陈述或重大遗漏。同意《2025 年半年度报告》及其摘要。 具体内容详见同日披露于上海证券交易所网站（www.sse.com.cn）的《2025 年半年度报告》及《2025 年半年度报告摘要》。 本议案已经审计委员会审议通过，并同意提交董事会审议。 | 证券代码：688633 | 证券简称：星球石墨 | 公告编号：2025-043 | | --- | --- | --- | | 转债代码：118041 | 转债简称：星球转债 | | 南通星球石墨股份有限公司 第二届董事会第二十六次会议决议公告 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、准确性和完整性依法承担法律责任。 一、董事会会议召开情况 南通星球石墨股份有限公司（以下简称"公司"）第二届董事会第二十六次 会议于 2025 年 ...