证券代码：001301 证券简称：尚太科技 公告编号：2025-119 石家庄尚太科技股份有限公司 第二届董事会第二十四次会议决议公告 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、误导性陈述或重大遗漏。 一、董事会会议召开情况 石家庄尚太科技股份有限公司（以下简称"公司"）第二届董事会第二十四次 会议于2025年11月7日发出会议通知，2025年11月8日以现场结合通讯方式召开。 本次会议的通知通过专人送达、电话、微信等方式送达全体董事。本次会议由董 事长欧阳永跃召集和主持，应出席董事6名，实际出席董事6名，公司高级管理人 员列席了本次会议。董事会会议的举行和召开符合国家有关法律、法规及《公司 章程》的规定。 （一）审议通过《关于签署项目投资发展协议暨投资建设年产 20 万吨锂离 子电池负极材料项目的议案》。 二、董事会会议审议情况 经与会董事审议，做出以下决议： 表决结果：同意6票，反对0票，弃权0票。 三、备查文件 1、公司第二届董事会第二十四次会议决议。 特此公告。 石家庄尚太科技股份有限公司 董事会 同意公司与山西转型综合改革示范区管理委员会及相关单位（以下简称"双 方" ...

Core Viewpoint - Shangtai Technology (SZ 001301) announced the convening of its 24th meeting of the second board of directors on November 8, 2025, to discuss the proposal for the third extraordinary shareholders' meeting of 2025 [1] Company Summary - For the first half of 2025, Shangtai Technology's revenue composition is as follows: lithium-ion battery anode materials account for 91.57%, carbon products account for 4.81%, and other businesses account for 3.62% [1] - As of the report date, Shangtai Technology has a market capitalization of 26.2 billion yuan [1]

尚太科技公告称，公司于2025年11月8日召开董事会会议，同意与山西转型综合改革示范区管理委员会 就"年产20万吨锂离子电池负极材料项目"签署投资协议。项目总投资约40.7亿元，占地约955亩，预计 在取得建设用地之日起一定时间内投产。该投资需经股东会审议，且涉及的立项、环评等报批事项存在 不确定性。此次投资有利于提升公司竞争力，但也面临资金、施工、市场等风险。 ...

南财智讯11月10日电，尚太科技公告，公司拟与山西转型综合改革示范区管理委员会签署项目投资发展 协议，投资建设年产20万吨锂离子电池负极材料项目，项目总投资初步预计为40.70亿元人民币，资金 来源于自有或自筹资金。公司将根据董事会及股东会审议通过后，在山西省山西转型综合改革示范区内 新设项目公司作为实施主体，项目建设周期为取得土地之日起14个月内投产。本次交易不构成关联交 易，亦不构成重大资产重组。本次投资尚需提交公司股东会审议，且项目立项、环评、用地等审批事项 存在不确定性，可能影响建设进度。 ...

Core Viewpoint - The electrolyte market has seen a significant price increase due to tight supply of key additives like lithium hexafluorophosphate, VC, and FEC, driven by sustained growth in downstream demand [2][3] Demand - The energy storage sector is expected to drive a new lithium battery cycle, with Q1 2026 anticipated to remain strong despite seasonal trends. Historical large-scale lithium cycles have been primarily demand-driven, with the upcoming period from 2025 to 2027 expected to be driven by global energy transition [2][3] - According to CESA's database, China's new overseas orders/cooperation in energy storage reached 214.7 GWh from January to September 2025, marking a year-on-year increase of 131.75%. As these orders materialize, Q1 2026 is expected to be robust [2][3] Supply Elasticity - The supply elasticity in the electrolyte segment is the lowest, while structural demand and supply resonance exist in copper foil, separators, and high-end lithium iron phosphate. The negative electrode supply faces high energy consumption constraints [3] - New capacity for lithium hexafluorophosphate and lithium iron phosphate is slow to build due to environmental regulations and construction timelines of approximately 1 to 1.5 years for hexafluorophosphate and about 1 year for lithium iron phosphate. The demand for fourth-generation lithium iron phosphate products is strong [3] - The graphite anode segment has high energy consumption characteristics, with an expansion period of about 1 year. Other segments like copper foil also face significant environmental pressures. The wet separator market is expected to gain market share due to energy storage demand, remaining tight [3] Investment Recommendations - The company is optimistic about the lithium battery upcycle driven by energy storage demand and suggests focusing on companies such as CATL, EVE Energy, Tiankang Materials, Dafa, Putailai, Shanta Technology, Fulin Precision, Wanrun New Energy, Sungrow Power, Haibo Sichuang, Huasheng Lithium Battery, Shida Shenghua, and Enjie [3]

截至2025年11月7日收盘，尚太科技(001301)报收于101.41元，上涨8.08%，换手率6.42%，成交量10.37 万手，成交额10.26亿元。 当日关注点 公司公告汇总关于向不特定对象发行可转换公司债券申请获得深圳证券交易所上市审核委员会审核通过 的公告 2025年11月6日，深圳证券交易所上市审核委员会召开2025年第26次审议会议，对石家庄尚太科技股份 有限公司向不特定对象发行可转换公司债券的申请进行了审核。根据会议结果，公司本次发行申请符合 发行条件、上市条件和信息披露要求。该事项尚需中国证券监督管理委员会注册，最终是否获批及注册 时间存在不确定性。公司将在收到中国证监会注册决定后另行公告，提醒投资者注意投资风险。 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 来自交易信息汇总：11月7日主力资金净流入1.03亿元，显示主力对个股短期态度积极。 来自公司公告汇总：尚太科技向不特定对象发行可转换公司债券的申请已获深交所上市审核委员 会审核通过，后续需等待证监会注册结果。 交易信息汇总资金流向 11月7日主力资金净 ...

Investment Rating - The report maintains an "Overweight" rating for the basic chemical industry [4] Core Insights - The global resonance in energy storage demand is expected to lead to explosive growth in storage needs by 2025, driven by domestic pricing reforms and international policies [2][15] - The supply chain for energy storage is heavily concentrated in China, which is projected to benefit significantly from the accelerating global storage cycle [2][28] - The current lithium battery materials cycle is characterized by structural shortages, leading to a new round of price increases [3][52] Summary by Sections 1. Energy Storage: Global Resonance and Demand Surge - Energy storage is a crucial tool for energy regulation, enhancing the predictability and controllability of renewable energy sources [8] - Strong policy support is anticipated to drive an 80% year-over-year increase in global energy storage demand by 2025 [15] - China is expected to dominate the global energy storage market, with over 93% market share in battery cells and 76% in storage systems by 2025 [28][31] 2. AIDC Energy Storage: NVIDIA's Leadership and Future Demand - NVIDIA's white paper emphasizes the necessity of integrating energy storage into power architectures, projecting a significant increase in demand for energy storage in data centers by 2030 [2][32] - The global demand for AIDC energy storage is expected to rise from 16.5 GWh in 2024 to 209.4 GWh by 2030, indicating explosive growth [47][50] 3. Energy Storage Materials: Structural Shortages and Price Increases - The current lithium battery cycle is driven by upstream demand, particularly for energy storage, leading to saturation in orders and accelerated production at battery manufacturers [3][52] - Lithium hexafluorophosphate is experiencing a new price surge, with prices rising significantly from previous lows, indicating strong price elasticity [52][53] - Phosphate iron lithium is facing structural shortages due to high demand, with production increasing by 70.2% year-over-year [3][52]

1、 商务部新闻发言人就安世半导体问题答记者问 ：中方注意到荷兰经济大臣卡雷曼斯于11月6日发表的声明，但截至目前尚未见到荷方在停止侵 害中国企业合法权益和恢复全球半导体供应链稳定方面的实际行动 。 中方希望，荷方表态不能只停留在口头上，应尽快实质性提出建设性方案并采 取实际行动，从源头上迅速且有效恢复全球半导体供应链稳定，以及停止用行政手段介入并干涉企业内部事务，推动安世半导体问题早日解决 。 中 方同意荷经济部派员来华磋商的请求 。 2、 美国参议院民主党领袖查克·舒默向共和党提出一项新方案，试图结束10月1日开始的美国政府停摆僵局 。根据舒默的提案，民主党人将同意通过 一项为政府运营提供短期资金的决议。作为交换，共和党需同意将《平价医疗法案》的税收抵免单独延长一年。美国参议院共和党人回绝了该项提议，并 称"没有讨论的余地"。不过双方开始交换提案的举动，被市场解读为谈判僵局可能松动的迹象。 1、 国务院新闻办公室发布《碳达峰碳中和的中国行动》白皮书 。白皮书除前言、结束语外分为六个部分，分别是坚定不移推进碳达峰碳中和、能 源绿色低碳转型取得显著成效、重点领域低碳发展深入推进、重点降碳路径全面落地见效、支撑 ...

Core Points - The company, Shijiazhuang Shangtai Technology Co., Ltd., has received approval from the Shenzhen Stock Exchange Listing Review Committee for its application to issue convertible bonds to unspecified objects [1] - The approval indicates that the company's application meets the issuance conditions, listing conditions, and information disclosure requirements [1] - The company still needs to undergo the registration process with the China Securities Regulatory Commission (CSRC), and the outcome and timing of the CSRC's decision remain uncertain [1] Summary by Categories - **Company Actions** - The company has applied to issue convertible bonds to unspecified objects and has received initial approval from the Shenzhen Stock Exchange [1] - The company will announce the decision from the CSRC regarding the registration of the bonds once it is received [1] - **Regulatory Process** - The approval from the Shenzhen Stock Exchange is a step in the process, but the final registration by the CSRC is still pending [1] - The company emphasizes the need for investors to be aware of investment risks associated with the uncertainty of the CSRC's decision [1]

Core Viewpoint - Recent surge in lithium battery stocks indicates a potential rebound after a two-month upward trend, driven by strong demand for energy storage and positive earnings reports from several companies [2][5]. Stock Price Movements - Several lithium battery companies, including Yongxing Materials, Shangtai Technology, and Dazhong Mining, experienced significant stock price fluctuations, with increases of over 20%-30% in just a few trading days [2]. - Dazhong Mining's stock rose from 14.65 CNY to 19.5 CNY, a cumulative increase of 33.11% from October 29 to 31 [3]. - Tianji Shares saw its stock price increase from 22.76 CNY to 30.84 CNY, a rise of 35.5% over four trading days [3]. - Penghui Energy's stock surged from 37.31 CNY to 48.59 CNY, marking a 30.23% increase in just two days [4]. - The lithium battery index rose from 8027.68 points to 8925.42 points in the last seven trading days of October, reflecting a nearly 900-point increase [4]. Earnings Performance - Companies like Penghui Energy and Duofuduo reported significant profit growth, with Penghui Energy's revenue reaching 7.581 billion CNY, a 34.23% year-on-year increase, and a net profit of 115 million CNY, up 89.33% [5]. - Duofuduo's revenue was 6.729 billion CNY, with a net profit of 78 million CNY, reflecting a 407.74% increase despite a slight revenue decline [5]. - Tianji Shares reported a turnaround in revenue and net profit growth, while Shangtai Technology also showed improved performance compared to the previous year [5]. Market Demand and Supply Dynamics - The surge in stock prices is attributed to strong downstream demand for energy storage, with companies reporting increased sales orders and production capacity [5][6]. - The price of lithium hexafluorophosphate, a key raw material, has been rising significantly, reaching 119,000 CNY per ton by November 6, with expectations of further increases [6][7]. - The domestic energy storage market has seen a substantial increase in project bidding, with a 97.7% year-on-year growth in new bids from January to September 2025 [6].