厦门厦钨新能源材料股份有限公司 第二届独立董事专门会议第十次会议决议 一、独立董事专门会议召开情况 厦门厦钨新能源材料股份有限公司（以下简称"公司"）第二届董事会独立 董事专门会议第十次会议于 2025 年 8 月 19 日以现场方式召开。本次会议应到独 立董事三人，实到独立董事二人、委托出席独立董事一人（独立董事陈菡委托独 立董事何燕珍出席并表决），本次独立董事专门会议由独立董事何燕珍主持。 本次会议的召集、召开程序符合《中华人民共和国公司法》《上市公司独立 董事管理办法》等法律法规、规范性文件和《厦门厦钨新能源材料股份有限公司 章程》《厦门厦钨新能源材料股份有限公司独立董事制度》《厦门厦钨新能源材 料股份有限独立董事专门会议工作制度》等的有关规定，会议决议合法、有效。 二、独立董事专门会议审议情况 （二）审议通过《2025 年半年度募集资金存放与实际使用情况的专项报告》 表决结果：3 票同意，0 票反对，0 票弃权 独立董事认为：公司编制的《2025 年半年度募集资金存放与实际使用情况 的专项报告》真实、准确、完整地体现了公司募集资金存放和使用的实际情况， 不存在募集资金存放、使用、管理及披露的违规情形。 ...

厦门厦钨新能源材料股份有限公司 第二届董事会审计委员会第十五次会议决议 厦门厦钨新能源材料股份有限公司第二届董事会审计委员会第十五次会议 于 2025 年 8 月 19 日以现场方式召开。本次会议由审计委员会委员何燕珍主持。 会议应到委员三人，实到委员二人，委托出席的委员一人（主任委员陈菡因工作 原因无法现场出席，委托委员何燕珍出席并表决）。本次会议的召集、召开程序 符合《中华人民共和国公司法》和《公司章程》的有关规定。 经与会委员审议，本次会议以举手表决的方式表决通过了以下议案： 一、审议通过《2025 年半年度内审工作报告》 三、审议通过《关于公司及全资子公司继续使用部分暂时闲置募集资金进 行现金管理的议案》 表决结果：3 票赞成、0 票反对、0 票弃权 审计委员会认为：在保证募集资金投资计划正常进行的前提下，公司及全资 子公司继续使用部分暂时闲置募集资金进行现金管理，用于购买安全性高、流动 性好、有保本约定的投资产品，有利于提高募集资金使用效率，能够获得一定的 投资收益。上述事项不存在变相改变募集资金用途的行为，不会影响募集资金投 资项目建设和募集资金使用，也不会对公司经营活动造成不利影响，不存在损害 ...

厦门厦钨新能源材料股份有限公司 关于 2025 年半年度利润分配方案的公告 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、准确性和完整性依法承担法律责任。 重要内容提示： 每股分配比例：每 10 股派发现金红利 2.00 元（含税），不进行资本公 积金转增股本，不送红股。 证券代码：688778 证券简称：厦钨新能 公告编号：2025-051 的净利润的比例为 32.81%。 本次利润分配不进行资本公积金转增股本，不送红股，剩余未分配利润结转 以后年度分配。如在本公告披露之日起至实施权益分派的股权登记日期间公司总 股本发生变动的，公司拟维持每股分配比例不变，相应调整分配总额，并另行公 告具体调整情况。 公司于 2025 年 5 月 26 日召开 2024 年年度股东大会，审议通过了《关于 2025 年中期分红安排的议案》，同意授权公司董事会在满足利润分配条件的情况下制 定具体的中期分红方案，利润分配条件为公司当期盈利且累计未分配利润为正值 及公司现金流满足正常经营和持续发展的需求，派发现金红利总金额不低于相应 期间归属于上市公司股东的净利润的 30%，且 ...

厦钨新能(688778.SH)发布2025年半年度报告，该公司营业收入为75.34亿元，同比增长18.04%。归属于 上市公司股东的净利润为3.07亿元，同比增长27.76%。归属于上市公司股东的扣除非经常性损益的净利 润为2.91亿元，同比增长32.24%。基本每股收益为0.61元。 报告期内，公司锂电正极材料产品销量为6.07万吨，同比增长35.50%。 ...

格隆汇8月20日丨厦钨新能(688778.SH)公布半年度报告，报告期内，公司实现营业收入75.34亿元，同比 增长18.04%；实现利润总额3.39亿元，同比增长35.47%；实现归属于母公司所有者的净利润3.07亿元， 同比增长27.76%；实现归属于母公司所有者的扣除非经常性损益的净利润2.91亿元，同比增长32.24%。 向全体股东每10股派发现金红利2.00元。 ...

Core Viewpoint - The company, Xiamen Tungsten New Energy (688778), reported strong financial performance for the first half of 2025, with significant growth in revenue and net profit, driven by increased sales in lithium battery materials and hydrogen energy materials [1] Financial Performance - The company achieved operating revenue of 7.534 billion yuan, representing a year-on-year increase of 18.04% [1] - The net profit attributable to shareholders was 307 million yuan, reflecting a year-on-year growth of 27.76% [1] - Basic earnings per share were reported at 0.61 yuan [1] - The company proposed a cash dividend of 2 yuan per 10 shares (including tax) [1] Product Sales - Sales of lithium battery cathode materials reached 60,700 tons, marking a year-on-year increase of 35.50% [1] - Sales of power battery cathode materials (including ternary materials and lithium iron phosphate) amounted to 31,900 tons, up by 20.76% year-on-year [1] - In the hydrogen energy materials segment, the company sold 1,974.61 tons, which is a year-on-year growth of 6.16% [1]

Group 1 - The Yunnan Provincial Development and Reform Commission and Energy Bureau announced the second batch of new energy project development plans, involving 206 projects with a total installed capacity of 14.27155 million kilowatts, including 154 photovoltaic projects with an installed capacity of 11.23 million kilowatts, which are required to commence construction by the end of February 2026 [1] - Wind power projects consist of 52 projects with an installed capacity of 3.04155 million kilowatts, which must start construction by the end of July 2026 [1] - This policy accelerates the infrastructure development of new energy, benefiting companies in the photovoltaic and wind power industry chains [1] Group 2 - As of August 20, the Kexin New Energy ETF (588830.SH) rose by 0.55%, and its related index, Kexin New Energy (000692.SH), increased by 0.51% [1] - Major constituent stocks such as Tian Nai Technology rose by 11.00%, Li Yuan Heng by 4.55%, Sany Renewable Energy by 4.32%, Trina Solar by 0.87%, and Jinbo Co., Ltd. by 1.94% [1] Group 3 - Guohai Securities pointed out that the acceleration of offshore wind power construction in Europe will provide export opportunities for Chinese offshore wind equipment manufacturers, as domestic companies possess global competitiveness in wind turbines and submarine cables [1] - Huayuan Securities believes that the approval pace for ultra-high voltage projects is expected to accelerate by 2025, with projects like the Eastern Tibet-South Guangdong-Macao Greater Bay Area already approved, leading to a recovery in the power equipment sector [1] - The demand for new energy power transmission and consumption will continue to drive the development of related industry chains [1]

证券代码：688778 证券简称：厦钨新能 公告编号：2025-045 厦门厦钨新能源材料股份有限公司 关于持股 5%以上股东公司名称等发生变更的公告 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、准确性和完整性依法承担法律责任。 厦门厦钨新能源材料股份有限公司（以下简称"公司"）近日收到公司持股 5%以上股东福建冶控股权投资管理有限公司（以下简称"福建冶控股权投资"） 通知，福建冶控股权投资名称变更为"福建省冶控私募基金管理有限公司"，同 时对注册资本、经营范围等事项进行了变更。上述变更事项已经完成工商变更登 记手续，并取得新换发的营业执照，变更后的相关登记信息如下： 名 称：福建省冶控私募基金管理有限公司 统一社会信用代码：91350128MA2XN8YC2F 注册资本：肆亿圆整 类 型：有限责任公司（法人独资） 成立日期：2015 年 10 月 26 日 法定代表人：朱美容 住 所：福州市鼓楼区朱紫坊 30 号-77 室 经营范围：一般项目：私募股权投资基金管理、创业投资基金管理服务（须 在中国证券投资基金业协会完成登记备案后方可从事经营活动）；以 ...

Investment Rating - The report indicates a positive investment outlook for solid-state batteries, particularly those utilizing sulfide electrolytes, with expectations for significant advancements and market penetration by 2030 [2][12]. Core Insights - Solid-state batteries are seen as the future due to their high safety and energy density, with a focus on sulfide electrolytes aiming for a specific energy density of 400Wh/kg and a cycle life exceeding 1000 times by 2027 for small-scale automotive applications and large-scale production by 2030 [2][12]. - The report emphasizes the importance of sulfide electrolytes, which offer the highest ionic conductivity at room temperature compared to other types, making them the most promising solid-state electrolyte materials [15][28]. - The competitive landscape for lithium sulfide and sulfide electrolytes is evolving, with numerous players entering the market, including established lithium battery companies and emerging startups [4][19]. Summary by Sections 1. Solid-State Battery Focus on Sulfide Systems - Solid-state batteries are expected to replace traditional lithium-ion batteries due to safety concerns associated with flammable organic liquid electrolytes [12][16]. - The transition to solid-state batteries is driven by the need for higher energy density and safety in electric vehicles and large-scale energy storage [12][19]. 2. Sulfide Electrolytes: Barriers in Electrochemical Design and Synthesis - Various forms of sulfide electrolytes exist, with lithium sulfide-silver-germanium mineral structures being the most prominent due to their low cost and high ionic conductivity [3][28]. - The report identifies key challenges in improving the electrochemical stability and synthesis processes of sulfide electrolytes, which are critical for their commercial viability [3][30]. 3. Lithium Sulfide: Core Raw Material for Electrolytes - The purity of lithium sulfide is crucial for the performance of sulfide electrolytes, with multiple production methods evaluated for their cost-effectiveness and safety [3][4]. - The report highlights the competitive factors in lithium sulfide production, focusing on purification costs and the advantages of various synthesis routes [3][4]. 4. Competitive Landscape: Diverse Routes Awaiting Consolidation - The market for lithium sulfide and sulfide electrolytes is characterized by a diverse array of participants, including leading lithium battery manufacturers and new entrants [4][19]. - The report anticipates increased competition as battery manufacturers actively develop their own sulfide electrolytes, leading to a more consolidated market in the future [4][19]. 5. Investment Recommendations - The report suggests focusing on companies with unique processes and superior product performance in the lithium sulfide sector, as these are expected to lead the market in the medium term [5][19]. - Key players identified include companies that are pioneering various synthesis methods for lithium sulfide, which are expected to have significant scaling potential [5][19].

Market Overview - The battery sector increased by 1.27% compared to the previous trading day, with Yuanhang Precision leading the gains [1] - The Shanghai Composite Index closed at 3728.03, up 0.85%, while the Shenzhen Component Index closed at 11835.57, up 1.73% [1] Top Gainers in Battery Sector - Yuanhang Precision (833914) closed at 42.32, up 11.93% with a trading volume of 88,400 shares and a transaction value of 344 million [1] - Chongjian Electronics (301121) closed at 50.27, up 11.81% with a trading volume of 143,300 shares and a transaction value of 692 million [1] - Xiamen Tungsten New Energy (688778) closed at 56.95, up 10.73% with a trading volume of 135,700 shares and a transaction value of 753 million [1] - Daoshi Technology (300409) closed at 20.87, up 10.66% with a trading volume of 1,169,200 shares and a transaction value of 2.342 billion [1] - Nord Shares (600110) closed at 7.70, up 10.00% with a trading volume of 1,072,000 shares and a transaction value of 819 million [1] Market Capital Flow - The battery sector experienced a net outflow of 1.176 billion from institutional investors, while retail investors saw a net inflow of 1.203 billion [2][3] - The top stocks with significant net inflows from retail investors include Ningde Times (300750) with a net inflow of 1.98 billion [3] - Notable outflows from retail investors were observed in Yongtao Shares (002733) with a net outflow of 923.478 million [3] Summary of Stock Performance - The overall performance of the battery sector shows a mix of gains and losses among individual stocks, with significant volatility in trading volumes and transaction values [1][2][3] - The data indicates a strong interest from retail investors, contrasting with the outflows from institutional investors, suggesting a potential shift in market dynamics [2][3]