2025 年 4 月 13 日，公司召开第二届董事会第二十七次会议，审议通过了《关 于第二期以集中竞价交易方式回购公司股份方案的议案》，同意公司使用自有资金 及股票回购专项贷款以集中竞价交易方式回购公司股份。本次回购资金总额不低 于人民币 10,000 万元（含）且不超过人民币 20,000 万元（含），回购价格不超过 人民币 23 元/股（含）。回购期限为自董事会审议通过本次回购股份方案之日起不 超过 12 个月。本次回购的股份将用于可转换公司债券转股，或用于员工持股计划 /股权激励。具体内容详见公司于 2025 年 4 月 15 日在上海证券交易所网站 （www.sse.com.cn）披露的《关于第二期以集中竞价交易方式回购公司股份方案的 | 证券代码：688772 | 证券简称：珠海冠宇 | 公告编号：2025-063 | | --- | --- | --- | | 转债代码：118024 | 转债简称：冠宇转债 | | 珠海冠宇电池股份有限公司 关于第二期以集中竞价交易方式回购公司股份的进展 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 ...

Core Viewpoint - The report outlines the strategic placement of investors in the initial public offering (IPO) of Guangdong Provincial Architectural Science Research Institute Group Co., Ltd. (Guangdong Jian Ke), highlighting the approval process and the strategic partnerships involved in the issuance [1][4][6]. Group 1: Approval and Authorization - The IPO application for Guangdong Jian Ke was approved by the Shenzhen Stock Exchange on August 17, 2023, and received registration consent from the China Securities Regulatory Commission on June 17, 2025 [1][4]. - The board of directors and the shareholders' meeting of the issuer approved the IPO and related matters on May 8, 2021, and June 2, 2023, respectively [3][4]. Group 2: Strategic Placement of Investors - The strategic investors participating in the IPO include large enterprises with long-term cooperation visions, such as Science City (Guangzhou) Investment Group Co., Ltd., Guangzhou Yuexiu Industrial Investment Co., Ltd., Guangdong Provincial Tourism Holding Group Co., Ltd., and Southern Industrial Asset Management Co., Ltd. [2][6]. - The initial strategic placement quantity is set at 31,398,000 shares, accounting for 30% of the total issuance, with a total public offering of 10,466,000 shares [6][8]. Group 3: Compliance and Investor Qualification - The strategic placement investors were selected based on their strategic cooperation relationship with the issuer and their long-term investment intentions, complying with the relevant regulations [5][8]. - The report confirms that the participating investors, including招商证券投资有限公司 (招商投资), meet the qualifications for strategic placement as outlined in the regulations [9][10]. Group 4: Financial and Operational Details - The total share capital after the public offering will be 41,856,000 shares, with the public offering shares representing approximately 25% of the total [6]. - The strategic investors' subscription amounts are capped at 30,995 million yuan, with specific limits on the number of shares they can acquire [7][8]. Group 5: Future Collaborations and Commitments - The strategic partnerships established through the IPO are expected to enhance collaboration in various sectors, including construction engineering testing and environmental monitoring, contributing to the high-quality development of the Guangzhou Development Zone [14][33]. - The investors have committed to maintaining their shareholding for specified periods, ensuring stability and support for the issuer's growth [11][28].

珠海冠宇7月29日报收14.12元，较前一交易日下跌0.63%，盘中波动幅度为1.76%。当日成交量为14.73 万手，成交金额达2.07亿元。 该公司主要从事锂离子电池的研发、生产和销售，产品应用于消费电子、动力电池等领域。作为国际化 锂离子电池供应商，其业务范围覆盖全球多个市场。 7月29日数据显示，珠海冠宇主力资金净流入239.08万元。当前公司总市值为159.85亿元，市净率为2.38 倍。 风险提示：投资有风险，入市需谨慎。市场波动可能带来投资风险，请投资者根据自身情况审慎决策。 公司近日在投资者互动平台表示，其产品最终销往全球市场，包括欧盟地区，但直接出口欧盟的产品占 比较少。珠海冠宇表示将持续关注全球市场动态，积极拓展新的业务机会。 ...

Core Viewpoint - The company, Zhuhai Guanyu, is an international supplier of lithium-ion batteries, with products sold globally, including the EU market, although direct exports to the EU are limited [2]. Group 1 - The company has been actively monitoring global market dynamics and related policy changes [2]. - The company is focused on expanding new business opportunities to achieve steady business development [2].

Core Viewpoint - Lithium-rich manganese-based cathode materials are ideal for solid-state batteries due to their high specific capacity, high voltage characteristics, cost advantages, and compatibility with solid-state battery systems, showing significant potential in enhancing energy density, safety, and reducing costs [2]. Group 1: Industry Overview - The maturity of solid-state battery technology is expected to accelerate the penetration of lithium-rich manganese-based materials in high energy density demand scenarios such as new energy vehicles and low-altitude economy [2]. - According to incomplete statistics from SPIR, there are currently 34 core production enterprises of lithium-rich manganese-based cathode materials for solid-state batteries in China [2]. Group 2: List of Companies - A list of 34 companies producing lithium-rich manganese-based cathode materials includes: - Tsinghua Tongfang Technology - Rongbai Technology - Guoxuan High-Tech - Hunan Youneng - Greeenme - Ningbo Yian Lithium - Wanrun New Energy - Tianli Lithium Energy - Kunming Technology - Zhongke Gonen - Shenzhen Kejing - Changyuan Lithium Technology - Fengyuan Co., Ltd. - Huayou Cobalt - Zhenhua New Materials - Yibin Lithium Treasure - Jiangte Electric - BASF Shanshan - Chuanglu Advanced - Jinlongyu - Greenme - Xiangtan Electrochemical - Mengguli - Xiamen Tungsten New Energy - Chuangneng Huitong - Jusheng Technology - Sufang New Energy - Longli New Energy - Chuangneng New Materials - Zhuhai Guanyu - Tianhua New Energy - Su Lithium Technology - Ningxia Hanyao - Boshik High-Tech [3].

Core Viewpoint - Zhuhai Guanyu Battery Co., Ltd. has achieved a complete victory in a three-year intellectual property dispute against ATL, as confirmed by the Supreme People's Court's ruling that overturned the previous judgment and dismissed ATL's claims [2][3][4]. Summary by Sections Legal Proceedings - The Supreme People's Court issued a civil judgment that revoked the initial ruling from the Fuzhou Intermediate People's Court and rejected the claims from Dongguan New Energy Technology Co., Ltd. and Ningde New Energy Technology Co., Ltd. [4] - The total costs incurred in the first instance amounted to 351,800 yuan, which will be borne by the plaintiffs [4]. Patent Disputes - The patent litigation initiated by ATL against Zhuhai Guanyu began in 2022, with multiple lawsuits filed in China, the United States, and Germany. Zhuhai Guanyu employed a strategy combining patent invalidation requests and judicial appeals [5]. - As of the announcement date, Zhuhai Guanyu has won all four appeals against ATL in the Supreme People's Court, successfully dismissing ATL's claims [5]. Financial Performance - In Q1 2025, Zhuhai Guanyu reported a revenue of 2.5 billion yuan, a year-on-year decrease of 2.0%. The net profit attributable to shareholders was a loss of 23.7 million yuan, a significant decline of 337.1% compared to the previous year [5]. - The company's net cash flow from operations was 507 million yuan, down 17.9% year-on-year [5].

Group 1 - Tianqi Materials signed a framework agreement with Chuangneng New Energy to supply at least 550,000 tons of electrolyte products by December 31, 2030, indicating a long-term cooperation intention [1] - The actual supply volume will depend on the execution of the agreement, which may be influenced by industry policies, market conditions, and economic factors, introducing uncertainty [1] - This large order is expected to stabilize the company's capacity utilization, but the execution of the agreement may lead to fluctuations in performance contributions [1] Group 2 - Hoshine Silicon Industry's controlling shareholder, Ningbo Hoshine Group, plans to transfer 5.08% of the company's shares (60 million shares) to Xiao Xiugan for a total price of 2.634 billion yuan [2] - The share transfer does not involve a change in control, but the large transfer may raise market concerns regarding the stability of the equity structure [2] - The transaction is subject to review and registration by the Shanghai Stock Exchange, introducing uncertainty in the process [2] Group 3 - Zhuhai Guanyu achieved a significant legal victory as the Supreme People's Court ruled to revoke a previous judgment and dismissed ATL's lawsuit, marking a key progress in the patent dispute [3] - A total of 14 ATL patents have been declared or ruled invalid, with 12 cases withdrawn by ATL and 4 cases dismissed by the court [3] - This outcome strengthens the company's patent ownership advantage and enhances market confidence in its technological barriers, with no negative impact on daily operations or future profits [3]

Company Focus - Postal Savings Bank plans to invest 10 billion yuan to establish China Post Financial Asset Investment Co., Ltd [2] - Anker Innovation is currently researching and evaluating equity financing in the Hong Kong capital market [2] - Hoshine Silicon Industry's controlling shareholder intends to transfer 5.08% of the company's shares to Xiao Xiukun for a total price of 2.634 billion yuan [2] - Shantui Co., Ltd. plans to issue H-shares and list on the Hong Kong Stock Exchange [2] Investment & Contracts - Jindi Co., Ltd. signed an industrial project investment contract with the Bishan District government for no less than 1.5 billion yuan [2] - Tuoxin Pharmaceutical intends to increase capital by 10 million yuan in Jingsan Biological, which has achieved the preparation of high-purity ergotamine [2] Equity Changes - Wuchan Huaneng plans to acquire 100% equity of Nantah Lake Technology for 1.457 billion yuan [3] - A shareholder of Aisecurity plans to reduce their holdings by no more than 3% of the company's shares [2] Performance & Earnings - Tiande Yu expects a net profit of 152 million yuan for the first half of the year, a year-on-year increase of 50.89% [4] - Pinming Technology anticipates a year-on-year net profit increase of 232%-303% for the first half of 2025 [4] Contracts & Project Wins - Pinggao Electric won a project from the State Grid with a total amount of approximately 1.45 billion yuan [4] Financing & Capital Increase - Shangwei Co., Ltd. plans to issue shares to its controlling shareholder Fuhua Chemical to raise no more than 1.144 billion yuan [2] Stock Price Movements - Zhongchen Technology's revenue from humanoid robot-related products accounts for no more than 1% of total revenue [2]

Group 1 - Postal Savings Bank plans to invest 10 billion yuan to establish China Post Financial Asset Investment Co., with a registered capital of 10 billion yuan, aiming to enhance comprehensive service capabilities and support technological innovation and private enterprises [1] - Tuo Xin Pharmaceutical intends to increase capital by 10 million yuan in Jiangsu Jin San Biotechnology Co., acquiring a 1.75% stake, with Jin San successfully producing high-purity ergothioneine for various products [2] - Anker Innovations is researching overseas share issuance to expand its global strategy and enhance brand influence, with no specific plan confirmed yet [3] Group 2 - Hoshine Silicon Industry's controlling shareholder plans to transfer 5.08% of shares to Xiao Xiugan for a total price of 2.634 billion yuan, with no change in control [4] - Zhuhai Guanyu has won a final ruling from the Supreme People's Court, dismissing the lawsuit from ATL, with 14 ATL patents declared invalid and no negative impact on the company's operations [5] - Lixing Co. has terminated the acquisition of Qingdao Feiyan Precision Steel Ball Manufacturing Co. due to failure to reach an agreement, with no adverse effects on its financial status [6] Group 3 - Pinming Technology expects a net profit of 28 million to 34 million yuan for the first half of the year, representing a year-on-year increase of 231.79% to 302.89% [7] - Tiande Yu's performance report anticipates a net profit of 152 million yuan for the first half, up 50.89% year-on-year [7] - Huahong Technology reports normal operations with no undisclosed significant matters [8]

Core Viewpoint - The company has successfully overturned a previous court ruling against it in a patent dispute with ATL, with the Supreme People's Court ruling in favor of the company and dismissing ATL's claims [1][2][3]. Litigation Background - The company was previously ordered by the Fuzhou Intermediate People's Court to cease manufacturing and selling products that allegedly infringed ATL's patent and to pay damages of 30 million yuan [2]. - ATL claimed that the company's products infringed on its patent ZL201410782528.9 [1]. Litigation Progress - The company actively appealed the initial ruling and has now received a final judgment from the Supreme People's Court, which annulled the previous ruling and rejected ATL's claims [2][3]. - As of the announcement date, 14 of ATL's patents have been declared invalid, 12 cases have been withdrawn by ATL, and 4 cases have been dismissed by the court [3]. Impact on the Company - The recent litigation developments are not expected to negatively affect the company's daily operations or its current and future financial performance [4]. - The company emphasizes its commitment to protecting its intellectual property rights and maintaining its legal interests [3].