Core Insights - Binhai Energy's stock increased by 0.65% with a trading volume turnover rate of 22.82% and a total transaction value of 848 million yuan, showing a price fluctuation of 15.19% throughout the day [2] Trading Activity - Institutional investors net sold 23.05 million yuan, while the total net selling from brokerage seats amounted to 59.11 million yuan [2] - The stock was listed on the Dragon and Tiger list due to its daily price fluctuation reaching 15.19%, with institutional proprietary seats net selling 23.05 million yuan [2] - The top five brokerage seats on the list had a combined transaction value of 327 million yuan, with buying transactions totaling 122 million yuan and selling transactions totaling 205 million yuan, resulting in a net selling of 82.16 million yuan [2] Institutional Participation - Among the brokerage seats listed, four institutional proprietary seats were involved, with total buying amounting to 71.81 million yuan and total selling amounting to 94.87 million yuan, leading to a net selling of 23.05 million yuan [2] - Over the past six months, Binhai Energy has appeared on the Dragon and Tiger list six times, with an average price increase of 2.96% the day after being listed and an average increase of 2.00% over the following five days [2] Capital Flow - The stock experienced a net inflow of 54.42 million yuan from main funds today, with a net outflow of 14.80 million yuan from large orders and a net inflow of 69.21 million yuan from major orders [2] - In the past five days, the net inflow of main funds totaled 61.62 million yuan [2]

Market Overview - As of November 21, the Shanghai Composite Index closed at 3834.89 points, down 96.16 points, a decline of 2.45% [1] - The Shenzhen Component Index closed at 12538.07 points, down 442.75 points, a decline of 3.41% [1] - The ChiNext Index closed at 2920.08 points, down 122.26 points, a decline of 4.02% [1] Trading Activity - A total of 91 A-shares had a turnover rate exceeding 20% on this day [1] - Notable stocks with high turnover rates included: - Dapeng Industrial (920091) with a turnover rate of 98.28% and a price increase of 1211.11% [1] - Jianglong Shipbuilding (300589) with a turnover rate of 55.14% and a price increase of 14.50% [1] - C Nanshan Data (301638) with a turnover rate of 52.72% and a price increase of 0.91% [1] Notable Stocks - Other significant stocks with high turnover rates included: - C Hengkun (688727) with a turnover rate of 46.22% and a price decrease of 11.47% [1] - Inspur Software (600756) with a turnover rate of 46.20% and a price increase of 6.76% [1] - ST Dongtong (300379) with a turnover rate of 44.50% and a price increase of 4.15% [1] - Additional stocks with notable performance included: - Shennong Agriculture (300189) with a turnover rate of 42.82% and a price increase of 3.67% [1] - Beifang Changlong (301357) with a turnover rate of 42.52% and a price increase of 0.68% [1]

Core Viewpoint - Binhai Energy has terminated its plan to acquire 100% equity of Cangzhou Xuyang Chemical Co., which was intended to alleviate the company's profitability pressure in its main business of lithium battery anode materials [1][4][5]. Group 1: Transaction Details - The board of Binhai Energy approved the termination of the proposal for issuing shares to purchase assets and related fundraising on November 14 [1]. - The acquisition was characterized as a "snake swallowing elephant" merger, with Cangzhou Xuyang's total assets exceeding Binhai Energy's by more than ten times as of Q1 2025 [4]. - The termination of the transaction also halts the planned change of controlling shareholder from Xuyang Holdings to Xuyang Group [4]. Group 2: Financial Performance - Binhai Energy has reported consecutive losses over the past three years, with net profits of -102 million, -18.11 million, and -28.13 million yuan from 2022 to 2024 [5]. - In the first three quarters of 2025, the company achieved revenue of 374 million yuan, a year-on-year increase of 2.03%, but still reported a net loss of -49.44 million yuan [5]. Group 3: Business Strategy - The company’s main business involves the research, production, and sales of lithium battery anode materials, which have faced increasing competition, leading to sustained pressure on profitability [5]. - The acquisition of Cangzhou Xuyang was seen as a potential second growth curve to alleviate profitability issues, as Cangzhou Xuyang is a leading player in the nylon new materials sector [5]. - Following the termination of the acquisition, Binhai Energy's efforts to establish a dual business model of "anode materials + nylon new materials" have been put on hold [5]. Group 4: Future Outlook - Binhai Energy stated that the termination of the transaction will not significantly impact its current operations and strategic development [6]. - The company is actively pursuing market expansion for anode materials and is working on several projects, including a 200,000-ton integrated anode materials project [6]. - Binhai Energy has committed to not planning any major asset restructuring for one month starting from November 15 [7].

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：000695 证券简称：滨海能源 公告编号：2025-082 天津滨海能源发展股份有限公司 2025年第三次临时股东大会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或者重大 遗漏。 特别提示： 1.本次股东大会未出现否决提案的情形。 2.本次股东大会未变更以往股东大会通过的决议。 5.召集人：天津滨海能源发展股份有限公司董事会。 6.主持人：董事长张英伟。 7.会议的召开符合《公司法》《深圳证券交易所股票上市规则》及《公司章程》的有关规定。 （二）会议的出席情况 一、会议召开的情况和出席情况 （一）会议召开的情况 1.现场会议召开时间：2025年11月18日15:00 2.网络投票时间： （1）通过深圳证券交易所交易系统进行网络投票的具体时间为2025年11月18日9:15-9:25，9:30-11:30， 13:00-15:00。 （2）通过深圳证券交易所互联网投票系统进行网络投票的具体时间为2025年11月18日9:15至15:00的任 意时间。 3.现场会议召开地点：北京市丰台区四合庄路6号院旭阳 ...

中国北京市朝阳区建国路 77 号华贸中心 3 号写字楼 34 层 邮政编码 100025 电话: (86-10) 5809-1000 传真: (86-10) 5809-1100 北京市竞天公诚律师事务所 关于天津滨海能源发展股份有限公司 2025年第三次临时股东大会的法律意见书 致：天津滨海能源发展股份有限公司 北京市竞天公诚律师事务所（以下简称"本所"）接受天津滨海能源发展股 份有限公司（以下简称"公司"）的委托，指派本所律师列席公司于 2025 年 11 月 18 日下午 15：00 在北京市丰台区北京市丰台区四合庄路 6 号院旭阳大厦 1 号（东）楼 8 层东侧第二会议室召开的公司 2025 年第三次临时股东大会（以下 简称"本次股东大会"），并依据《中华人民共和国公司法》《中华人民共和国 证券法》《上市公司股东会规则》等中国现行法律、法规和其他规范性文件（以 下简称"中国法律法规"）的要求及《天津滨海能源发展股份有限公司章程》（以 下简称"《公司章程》"）的规定，就本次股东大会的召集和召开程序、出席会议 人员资格、召集人资格、会议表决程序和表决结果等事宜（以下简称"程序事宜"） 出具本法律意见书。 为 ...

证券代码：000695 证券简称：滨海能源 公告编号：2025-082 （一）会议召开的情况 1.现场会议召开时间：2025 年 11 月 18 日 15:00 2.网络投票时间： （1）通过深圳证券交易所交易系统进行网络投票的具体时间为 2025 年 11 月 18 日 9:15-9:25，9:30-11:30，13:00-15:00。 天津滨海能源发展股份有限公司 2025 年第三次临时股东大会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或者重大遗漏。 特别提示： 1.本次股东大会未出现否决提案的情形。 2.本次股东大会未变更以往股东大会通过的决议。 一、会议召开的情况和出席情况 （2）通过深圳证券交易所互联网投票系统进行网络投票的具体时间为 2025 年 11 月 18 日 9:15 至 15:00 的任意时间。 3.现场会议召开地点：北京市丰台区四合庄路 6 号院旭阳大厦 1 号（东）楼 8 层东 侧第二会议室。 4.会议召开方式：现场表决与网络投票相结合的方式。 5.召集人：天津滨海能源发展股份有限公司董事会。 6.主持人：董事长张英伟。 7.会议的 ...

Group 1: Restructuring and Financial Strategy - The company has terminated its restructuring plan due to failure to reach consensus on commercial terms amid changing market conditions [3] - The company will not plan any major asset restructuring within one month following the termination announcement, as per regulatory guidelines [5] - The company aims to optimize its debt structure and expand financing channels to address high debt levels, primarily from shareholder loans [2][3] Group 2: Project Development and Production Capacity - The company has made progress on its 200,000-ton anode material project, with 18,000 tons of graphitization completed and 50,000 tons at the front end [3] - The company expects to complete the main construction of its projects by the end of the year and begin trial production in the first quarter of the following year [4] - Current finished product capacity stands at 40,000 tons, with an additional 40,000 tons under construction expected to be operational by Q2 next year [5] Group 3: Market and Pricing Outlook - The average selling price for the first three quarters was 10,000 yuan per ton, with expectations for significant changes in Q4 [4] - The company is focusing on cost reduction and efficiency improvement to enhance profitability as production capacity is released [4] - The company is actively exploring the potential of silicon-carbon anode materials for high-performance lithium batteries and solid-state batteries [5]

Market Overview - As of November 18, the Shanghai Composite Index closed at 3939.81 points, down 32.22 points, a decline of 0.81% [1] - The Shenzhen Component Index closed at 13080.49 points, down 121.52 points, a decline of 0.92% [1] - The ChiNext Index closed at 3069.22 points, down 35.98 points, a decline of 1.16% [1] High Turnover Stocks - A total of 100 A-shares had a turnover rate exceeding 20% on November 18, with six stocks, including Beikong Detection and C Hengkong, having turnover rates above 50% [1] - Beikong Detection (stock code: 920160) had a closing price of 26.50 yuan and a turnover rate of 88.46%, with a price increase of 295.52% [1] - C Hengkong (stock code: 688727) closed at 61.55 yuan, with a turnover rate of 81.36% and a price increase of 310.61% [1] - Other notable stocks with high turnover rates include C Nanshu (75.35% turnover, 224.78% increase) and Zhongfutong (53.96% turnover, -3.19% decrease) [1] Additional High Turnover Stocks - Other stocks with significant turnover rates include: - Xue Ren Group (50.33% turnover, -2.55% decrease) [1] - Jianglong Boat (46.42% turnover, -2.02% decrease) [1] - Xuanya International (44.73% turnover, 20.01% increase) [1] - Hongxiang Co. (44.63% turnover, 5.98% increase) [1] - The list continues with various companies showing diverse performance in terms of turnover and price changes [2][3][4]

Investment Rating - The report does not provide a specific investment rating for the industry or companies mentioned [1]. Core Insights - The report highlights several new stock listings and trading activities scheduled for November 18, 2025, including companies such as Jingchuang Electric (12.10), Beikang Testing (6.70), and Nanguang Digital (5.69) [1]. - It also mentions various corporate actions such as tender offers, cash options, and acquisition requests, indicating active market movements [1]. Summary by Relevant Sections - **New Stock Listings**: Companies like Jingchuang Electric, Beikang Testing, and Nanguang Digital are set to debut on the market with respective prices of 12.10, 6.70, and 5.69 [1]. - **Corporate Actions**: The report details several corporate actions including a tender offer for Tianpu Co. (605255) from November 20 to December 19, 2025, and cash options for Hangqi Wheel B (200771) from November 19 to November 25, 2025 [1]. - **Market Alerts**: It lists companies experiencing significant fluctuations, such as Moen Electric (002451) and Huasheng Lithium Battery (688353), indicating potential investment risks and opportunities [1].

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：000695 证券简称：滨海能源 公告编号：2025-081 天津滨海能源发展股份有限公司 股票交易异常波动的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或者重大 遗漏。 一、股票交易异常波动情况介绍 天津滨海能源发展股份有限公司（以下简称"公司"）（证券简称：滨海能源；证券代码：000695）股票 连续三个交易日内（2025年11月13日、14日、17日）日收盘价格涨幅偏离值累计达到20%，根据《深圳 证券交易所交易规则》的有关规定，属于股票交易异常波动情形。 二、公司关注并核实情况的说明 经公司董事会调查核实，并与公司管理层、控股股东及实际控制人书面或通讯问询，有关情况如下： （一）截至本公告披露日，公司前期所披露信息不存在需要更正、补充之处。 （二）公司未发现近期公共传媒报道了可能或已经对公司股票交易价格产生较大影响的未公开重大信 息。 （三）近期公司经营情况正常，内外部经营环境未发生重大变化。 （五） 经核查，公司控股股东、实际控制人在股票异常波动期间未买卖公司股票。 三、关于公司不存在应披露而未披 ...