Core Viewpoint - Minmetals New Energy (688779.SH) has received a notification from shareholder Shenzhen Anyan regarding the completion of a share reduction plan, where a total of 28.0952 million shares were sold, accounting for 1.46% of the company's total share capital [1] Summary by Relevant Sections - Share Reduction Details - Shenzhen Anyan has reduced its holdings through centralized bidding and block trading methods [1] - The reduction plan was completed as of the market close on October 14, 2025 [1]

Group 1 - The core point of the news is that Wenkang New Energy's stock price has dropped by 5.01%, currently trading at 7.40 CNY per share, with a total market capitalization of 14.276 billion CNY [1] - Wenkang New Energy Materials (Hunan) Co., Ltd. specializes in the research, production, and sales of high-efficiency battery cathode materials, with 97.76% of its revenue coming from cathode materials [1] - The company was established on June 18, 2002, and went public on August 11, 2021 [1] Group 2 - Among the top ten circulating shareholders of Wenkang New Energy, a fund under Southern Fund has entered the list, holding 10.6849 million shares, which accounts for 0.55% of the circulating shares [2] - The Southern CSI 1000 ETF (512100) has a total scale of 64.953 billion CNY and has achieved a return of 29.81% this year, ranking 2111 out of 4220 in its category [2] - The fund manager, Cui Lei, has been in position for 6 years and 339 days, with the best fund return during this period being 164.18% [3]

Core Insights - On October 9, WISCO New Energy's stock increased by 0.13%, with a trading volume of 618 million yuan [1] - As of September 30, the number of shareholders for WISCO New Energy reached 48,500, an increase of 9.34% from the previous period [2] Financing and Trading Activity - On October 9, WISCO New Energy had a financing buy amount of 66.88 million yuan, with a net financing buy of 19.46 million yuan after repayments [1] - The total financing and securities lending balance for WISCO New Energy was 490 million yuan, with the financing balance accounting for 3.25% of the circulating market value, indicating a high level compared to the past year [1] - The company had a securities lending balance of 1.19 million yuan, with a lending volume of 15,240 shares on October 9 [1] Financial Performance - For the first half of 2025, WISCO New Energy reported a revenue of 2.904 billion yuan, reflecting a year-on-year growth of 15.85% [2] - The company recorded a net profit attributable to shareholders of -26.83 million yuan, which is a 59.31% increase compared to the previous year [2] Shareholder Information - The average number of circulating shares per shareholder decreased by 8.55% to 39,745 shares [2] - As of June 30, 2025, Hong Kong Central Clearing Limited was the ninth largest circulating shareholder, increasing its holdings by 4.21 million shares [2]

| 证券代码：688779 | 证券简称：五矿新能 | 公告编号：2025-051 | | --- | --- | --- | | 转债代码：118022 | 转债简称：锂科转债 | | 五矿新能源材料（湖南）股份有限公司 可转债转股结果暨股份变动公告 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： 累计转股情况：五矿新能源材料（湖南）股份有限公司（以下简称"公 司"）向不特定对象发行可转换公司债券"锂科转债"自 2023 年 4 月 17 日开始 转股。截至 2025 年 9 月 30 日，"锂科转债"共有人民币 204,000 元已转换为公 司股票，转股数量为 12,944 股，占"锂科转债"转股前公司已发行股份总额的 0.010574%。 未转股可转债情况：截至 2025 年 9 月 30 日，"锂科转债"尚未转股的 可转债金额为人民币 3,249,796,000 元，占"锂科转债"发行总量的 99.993723%。 （三）根据有关规定和公司《向不特定对象发行可转换公司债券募集说明书》 的约定，公司该 ...

五矿新能源材料（湖南）股份有限公司发布"锂科转债"转股结果暨股份变动公告。"锂科转债"于2022年 10月11日发行，总额32.5亿元，2023年4月17日起可转股，初始转股价格15.76元/股，后调整为15.53元/ 股。截至2025年9月30日，累计20.4万元"锂科转债"转股，转股数12944股，占转股前已发行股份总额的 0.010574%；未转股金额32.49796亿元，占发行总量的99.993723%。2025年7 - 9月，5000元"锂科转 债"转股，转股数321股，公司总股本增至1929219216股。 ...

Group 1: Event Overview - The CINE2025 Solid-State Battery Exhibition and Industry Annual Conference will be held from November 6-8, 2025, at the Guangzhou Nansha International Convention Center, featuring over 200 exhibitors and 20,000 professional attendees [1] - The event will include the 2025 CINE Solid-State Battery Golden Award Ceremony and the SSBA Solid-State Battery Industry Alliance Council [1] Group 2: Industry Insights - In the first eight months of 2025, China's lithium battery ternary cathode shipment reached 456,000 tons, a year-on-year increase of 10.8%, driven by growth in power batteries and small power batteries [1] - The demand for nickel-rich materials is increasing, with Nantong Ruixiang maintaining the top position in the industry, followed by Rongbai Technology and Bamo Technology, which have also seen a recovery in overseas demand [2] Group 3: Company Rankings - The top companies in the lithium battery cathode materials sector include: 1. Nantong Ruixiang 2. Rongbai Technology 3. Bamo Technology 4. Guangdong Bangpu 5. Dongsheng Technology [3] Group 4: Technical Analysis - The white paper on the global lithium battery cathode materials industry outlines the definition and classification of lithium battery cathode materials, the development history and current status of the global lithium battery cathode industry, and a comparison of the performance of different lithium battery cathode materials [4]

Group 1 - The core viewpoint of the news is that Wenkang New Energy has seen a significant increase in stock price, rising by 5.01% to 7.54 CNY per share, with a trading volume of 276 million CNY and a turnover rate of 1.94%, leading to a total market capitalization of 14.546 billion CNY [1] - Wenkang New Energy Materials (Hunan) Co., Ltd. is located in Changsha, Hunan Province, and was established on June 18, 2002. The company was listed on August 11, 2021, and its main business involves the research, production, and sales of high-efficiency battery cathode materials [1] - The revenue composition of Wenkang New Energy is primarily from cathode materials at 97.76%, followed by raw material sales at 1.63%, and other sources at 0.61% [1] Group 2 - From the perspective of the top ten circulating shareholders of Wenkang New Energy, a fund under Southern Fund has entered the top ten shareholders. The Southern CSI 1000 ETF (512100) newly entered the top ten in the second quarter, holding 10.6849 million shares, which accounts for 0.55% of the circulating shares [2] - The Southern CSI 1000 ETF (512100) was established on September 29, 2016, with a latest scale of 64.953 billion CNY. Year-to-date returns are at 25.56%, ranking 2090 out of 4220 in its category; over the past year, returns are at 53.35%, ranking 1382 out of 3835; and since inception, returns are at 11.11% [2] Group 3 - The fund manager of the Southern CSI 1000 ETF (512100) is Cui Lei, who has been in the position for 6 years and 328 days. The total asset scale of the fund is 94.976 billion CNY, with the best fund return during the tenure being 145.53% and the worst being -15.93% [3]

Core Viewpoint - The announcement details the interest payment schedule for the company's convertible bonds, specifically the "Lithium Science Convertible Bonds" (锂科转债), which will begin on October 13, 2025, covering the interest period from October 11, 2024, to October 10, 2025 [2][10]. Summary by Sections Convertible Bond Issuance Overview - The company issued 32.5 million convertible bonds on October 11, 2022, with a total value of 3.25 billion RMB, each with a face value of 100 RMB, and a maturity period of six years [2][3]. - The bonds were approved for trading on the Shanghai Stock Exchange starting November 7, 2022, under the code "118022" [3]. Interest Payment Plan - The bonds will pay interest annually, with the first payment scheduled for October 13, 2025, covering the interest accrued from October 11, 2024, to October 10, 2025 [10]. - The annual interest rate for this period is set at 1.00%, meaning each bond will yield 1.00 RMB in interest (before tax) [10]. Payment Dates - The bondholder registration date for interest payment is October 10, 2025, with the ex-dividend date and payment date both on October 13, 2025 [11]. Tax Implications - Individual investors are subject to a 20% tax on interest income, resulting in a net payment of 0.80 RMB per bond after tax [14]. - Non-resident enterprises are exempt from corporate income tax on interest income from these bonds until December 31, 2025 [15]. Contact Information - The company and its underwriting institutions have provided contact details for further inquiries regarding the bonds [16].

五矿新能源材料（湖南）股份有限公司 关于"锂科转债"2025 年付息的公告 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： 可转债兑息日：2025 年 10 月 13 日（因 2025 年 10 月 11 日为非交易日， 故顺延至下一交易日） 证券代码：688779 证券简称：五矿新能 公告编号：2025-050 转债代码：118022 转债简称：锂科转债 五矿新能源材料（湖南）股份有限公司（以下简称"公司"）于 2022 年 10 月 11 日发行的可转换公司债券将于 2025 年 10 月 13 日开始支付自 2024 年 10 月 11 日至 2025 年 10 月 10 日期间的利息。根据公司《向不特定对象发行可转换 公司债券募集说明书》（以下简称"《募集说明书》"）有关条款的规定，现将 有关事项公告如下： 一、可转债发行上市概况 （一）经中国证券监督管理委员会《关于同意湖南长远锂科股份有限公司向 不特定对象发行可转换公司债券注册的批复》（证监许可〔2022〕1784 号）同 意注册，公司于 202 ...

Core Viewpoint - The company has approved the use of up to RMB 250 million of temporarily idle raised funds for cash management, ensuring that it does not affect the normal operation of fundraising investment projects [1][6][12]. Group 1: Fundraising Overview - The company issued 32.5 million convertible bonds at a face value of RMB 100 each, raising a total of RMB 3.25 billion, with a net amount of RMB 3.2377 billion after deducting issuance costs [2]. - The funds have been deposited in a special account for fundraising, and the company has signed a regulatory agreement with the sponsoring institutions [2]. Group 2: Cash Management Plan - The cash management plan allows for the investment in high-security, high-liquidity products, including structured deposits and large certificates of deposit, within a 12-month period [6][7][8]. - The funds can be used in a rolling manner within the approved limit and timeframe [6][8]. Group 3: Investment Purpose and Benefits - The purpose of using idle funds for cash management is to enhance the efficiency of fund utilization and increase shareholder returns without impacting ongoing fundraising projects [5][12]. - The income generated from cash management will be prioritized for supplementing investment shortfalls in fundraising projects and for the company's operational liquidity needs [11]. Group 4: Risk Management and Oversight - The company will adhere to relevant regulations and internal guidelines to ensure the safety of the funds and will conduct regular assessments of the investment products [13][14]. - Independent directors and the audit committee will supervise the use of funds, and professional audits may be conducted if necessary [14]. Group 5: Institutional Opinions - The audit committee and sponsoring institutions have expressed their agreement with the cash management plan, confirming that it aligns with legal and regulatory requirements and does not alter the intended use of the raised funds [15][16].