Group 1 - Chuanfa Longmang's wholly-owned subsidiary plans to invest 660 million yuan to establish a joint venture for a 175,000 tons/year high-pressure lithium iron phosphate project in Sichuan Mianzhu, with a total investment of 1.961 billion yuan [1] - The joint venture will be co-owned by Jiangxi Shenghua New Materials (51%) and Deyang Chuanfa Longmang (49%) [1] - Chuanfa Longmang specializes in the production and sales of various phosphate products, including lithium iron phosphate [1] Group 2 - Sino Medical's COMETIU self-expanding intracranial drug-coated stent system registration application was not approved by the National Medical Products Administration [2] - Sino Medical focuses on the research, development, production, and sales of high-end interventional medical devices [3] Group 3 - Jincheng Pharmaceutical's subsidiaries have been selected for the 11th batch of national drug centralized procurement [3] - Jincheng Pharmaceutical is engaged in the research, development, production, and sales of pharmaceutical intermediates and formulations [3] Group 4 - Zhongke Lanyun reported a 4.29% increase in revenue to 1.302 billion yuan and a 2.17% increase in net profit to 211 million yuan for the first three quarters [4] - The company specializes in wireless audio SoC chip research, design, and sales [5] Group 5 - Dabo Medical achieved a 22.69% increase in revenue to 1.876 billion yuan and a 77.03% increase in net profit to 425 million yuan for the first three quarters [6] - Dabo Medical focuses on the production, research, and sales of high-value medical consumables [7] Group 6 - Dayang Electric reported a 3.81% increase in revenue to 9.180 billion yuan and a 25.95% increase in net profit to 845 million yuan for the first three quarters [8][9] - The company operates in the electric motor sector, focusing on building and home appliance motors and automotive components [9] Group 7 - Fudan Microelectronics reported a 12.70% increase in revenue to 3.024 billion yuan but a 22.69% decrease in net profit to 330 million yuan for the first three quarters [10][11] - The company specializes in the design, development, and testing of large-scale integrated circuits [11] Group 8 - Shaanxi Energy reported a 2.83% decrease in revenue to 16.359 billion yuan and a 3.23% decrease in net profit to 2.417 billion yuan for the first three quarters [12][13] - The company is involved in thermal power generation and coal production and sales [13] Group 9 - Runhe Software reported a 12.86% increase in revenue to 2.719 billion yuan but a 29.01% decrease in net profit to 78.57 million yuan for the first three quarters [14][15] - The company focuses on financial technology, smart IoT, and smart energy [15] Group 10 - Shenzhen Gas reported an 8.63% increase in revenue to 22.528 billion yuan but a 13.08% decrease in net profit to 918 million yuan for the first three quarters [16][17] - The company specializes in urban gas supply and comprehensive energy services [17] Group 11 - Light Media reported a 150.81% increase in revenue to 3.616 billion yuan and a 406.78% increase in net profit to 2.336 billion yuan for the first three quarters [18][19] - The company is engaged in the investment, production, and distribution of film projects [19] Group 12 - Dazhong Mining's subsidiary obtained a mining license for the Hunan Jijiao Mountain lithium mine, with a resource amount of 490 million tons, equivalent to approximately 3.2443 million tons of lithium carbonate [19] - The company specializes in iron ore mining and production [19] Group 13 - Yirui Technology reported a 14.22% increase in revenue to 1.549 billion yuan and a 20.61% increase in net profit to 471 million yuan for the first three quarters [20] - The company focuses on the research, production, and sales of digital X-ray detectors and related solutions [20] Group 14 - TCL Zhonghuan reported a 4.48% decrease in revenue to 121.572 billion yuan and a net loss of 5.777 billion yuan for the first three quarters [21][22] - The company specializes in the research, production, and sales of photovoltaic silicon wafers, cells, and modules [22] Group 15 - Huangshan Tourism reported an 8.75% increase in revenue to 1.535 billion yuan but an 11.02% decrease in net profit to 253 million yuan for the first three quarters [23][24] - The company provides tourism and leisure services [24] Group 16 - Mountain Outside Mountain reported a 39.79% increase in revenue to 584 million yuan and a 68.68% increase in net profit to 105 million yuan for the first three quarters [25][26] - The company specializes in the research, production, and sales of blood purification equipment and services [26] Group 17 - Huajin Capital reported a 16.36% increase in revenue to 349 million yuan and a 185.62% increase in net profit to 104 million yuan for the first three quarters [27] - The company focuses on investment management and electronic device manufacturing [27] Group 18 - Datang Power reported a 1.82% decrease in revenue to 89.345 billion yuan but a 51.48% increase in net profit to 6.712 billion yuan for the first three quarters [28][29] - The company primarily engages in thermal power generation [29] Group 19 - Datang Power announced the acquisition of a 50% stake in Anhui Electric Power for 1 yuan, which will result in full ownership of Anhui Electric Power [30] - The company focuses on thermal power generation [30] Group 20 - Kairun Co. reported a 22.94% increase in revenue to 3.719 billion yuan but a 13.38% decrease in net profit to 278 million yuan for the first three quarters [31] - The company specializes in the research, design, production, and sales of leisure bags and related products [31] Group 21 - Dafu Technology reported a 1.95% increase in revenue to 1.764 billion yuan but a net loss of 170 million yuan for the first three quarters [32] - The company focuses on the research, production, and sales of RF products and automotive components [32] Group 22 - Dafu Technology plans to publicly transfer 49% of its stake in Dasheng Graphite [34] - The company specializes in the research, production, and sales of RF products and automotive components [34]

Core Viewpoint - The high-pressure dense lithium iron phosphate (LFP) sector is experiencing significant activity, with major companies like CATL and Fulin Precision Engineering making strategic moves to expand their capabilities in this area [1][2]. Group 1: Company Developments - Fulin Precision Engineering announced plans to invest in a new project for high-pressure dense LFP with an annual production capacity of 350,000 tons, in response to the recovering market and increasing demand for high-end products [1]. - The company is collaborating with CATL, which plans to invest 2.563 billion yuan in Fulin's subsidiary, Jiangxi Shenghua New Materials, to enhance its control over the supply chain [1]. - Chuanfa Longmang has signed an investment cooperation agreement with Jiangxi Shenghua to establish a joint venture with a registered capital of 660 million yuan, targeting a production capacity of 175,000 tons per year using the oxalic acid ferrous process [1][2]. Group 2: Market Trends - The oxalic acid ferrous route for producing high-pressure dense LFP is gaining traction as a mainstream technology, with increasing market penetration and recognition [2]. - The development of high-pressure dense LFP materials is expected to have a promising market outlook, as indicated by advancements from companies like Defang Nano and Changsheng Technology in high-performance LFP materials [5].

证券代码：002312 证券简称：川发龙蟒 公告编号：2025-063 四川发展龙蟒股份有限公司 第七届董事会第十四次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假 记载、误导性陈述或者重大遗漏。 一、董事会会议召开情况 四川发展龙蟒股份有限公司（以下简称"公司"）第七届董事会第十四次会议 通知于 2025 年 10 月 24 日以邮件形式发出，会议于 2025 年 10 月 28 日上午 10:00 以通讯表决的方式召开。会议应出席董事 7 名，实际出席董事 7 名。本次会议由 董事长朱全芳先生主持，公司全体监事和高级管理人员列席了本次会议。会议的 召集、召开程序符合《公司法》和《公司章程》的有关规定，会议表决合法有效。 二、董事会会议审议情况 经与会董事审议并记名投票表决，会议通过了如下议案： （一）审议通过了《关于全资子公司德阳川发龙蟒新材料有限公司合作建设 17.5 万吨/年高压密磷酸铁锂项目暨设立合资公司的议案》 董事会认为全资子公司德阳川发龙蟒新材料有限公司（以下简称"德阳川发 龙蟒"）投资合作建设 17.5 万吨/年高压密磷酸铁锂暨设立合资公司项目符合公 司"稀缺资 ...

Company Overview - Chuanfa Longmang (SZ 002312) announced on October 28 that its 7th Board of Directors held a meeting via telecommunication to discuss the proposal for a joint venture to construct a 175,000 tons/year high-pressure lithium iron phosphate project through its wholly-owned subsidiary Deyang Chuanfa Longmang New Materials Co., Ltd [1] Financial Performance - For the first half of 2025, the revenue composition of Chuanfa Longmang was as follows: Phosphate chemicals accounted for 80.81%, other segments 9.04%, trading 8.44%, and new energy materials 1.71% [1] Market Position - As of the report date, Chuanfa Longmang's market capitalization stood at 20.4 billion yuan [1]

Core Viewpoint - The announcement highlights a strategic partnership between Chuanfa Longmang and Fujilin Precision Engineering to establish a joint venture focused on lithium iron phosphate production, indicating a significant investment in the new energy materials sector [1] Group 1: Investment Details - Chuanfa Longmang's wholly-owned subsidiary, Deyang Chuanfa Longmang, has signed an investment cooperation agreement with Jiangxi Shenghua New Materials, a subsidiary of Fujilin Precision Engineering [1] - The registered capital for the joint venture, named Fujilin Longmang New Materials Co., Ltd., is set at 660 million yuan, with Jiangxi Shenghua contributing 337 million yuan (51%) and Deyang Chuanfa Longmang contributing 323 million yuan (49%) [1] - The joint venture will focus on a project with an annual capacity of 175,000 tons of high-pressure lithium iron phosphate, with a total projected investment of 1.961 billion yuan [1]

Core Viewpoint - Chuanfa Longmang (002312.SZ) announced a partnership with Fulin Precision (300432) to establish a joint venture, Fulin Longmang New Materials Co., Ltd., focusing on lithium iron phosphate production [1] Group 1: Investment Details - The joint venture will have a registered capital of 660 million yuan [1] - The total investment for the lithium iron phosphate project is expected to be 1.961 billion yuan [1] - The project aims to produce 175,000 tons per year of lithium iron phosphate [1] Group 2: Strategic Objectives - The investment is intended to optimize the capacity layout of lithium battery materials [1] - The goal is to achieve the best performance and cost optimization for end products [1]

证券代码：002312 证券简称：川发龙蟒 公告编号：2025-064 司"），合资公司设立时的注册资本金为人民币 66,000 万元，其中，江西升华出 资 33,660 万元，占合资公司注册资本的 51%，德阳川发龙蟒出资 32,340 万元， 占合资公司注册资本的 49%；并以合资公司为主体开展 17.5 万吨/年高压密磷酸 铁锂项目的投资、建设和运营，本项目预计总投资金额 19.61 亿元，资金来源为 合资公司自有及自筹。本次设立合资公司事项，不影响公司合并报表范围。 本次投资事项在公司董事会审批权限范围内，无需提交股东大会审议。本次 投资事项不涉及关联交易，不构成《上市公司重大资产重组管理办法》规定的重 大资产重组。公司将根据后续具体推进情况，严格按照《深圳证券交易所股票上 市规则》及《公司章程》等有关规定，及时履行相应审批程序及信息披露义务。 四川发展龙蟒股份有限公司 关于全资子公司德阳川发龙蟒新材料有限公司合作建设 17.5 万吨/年高压密磷酸铁锂项目暨设立合资公司的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假 记载、误导性陈述或者重大遗漏。 一、对外投资基本情况 （一）投 ...

Core Viewpoint - The report highlights the growth in China's phosphate rock production, indicating a positive trend in the industry with significant year-on-year increases in output [1]. Industry Summary - According to the National Bureau of Statistics, China's phosphate rock production (calculated as P2O5 content at 30%) reached 11.68 million tons in August 2025, representing an 8.1% year-on-year increase [1]. - From January to August 2025, the cumulative phosphate rock production was 80.183 million tons, showing a cumulative growth of 12.4% [1]. - The report includes a statistical chart of phosphate rock production in China from 2020 to August 2025, illustrating the upward trend in production [1]. Company Summary - Listed companies in the phosphate industry include Xingfa Group (600141), Hubei Yihua (000422), Yuntianhua (600096), Chuanfa Longmang (002312), Xinyangfeng (000902), and Yuntu Holdings (002539) [1].

Investment Rating - The report maintains a "Buy" rating for the company [4][6]. Core Insights - The company reported a revenue of 7.387 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 22.06%. The net profit attributable to shareholders was 437 million yuan, up 2.81% year-on-year [1]. - In Q3 2025, the company achieved a revenue of 2.686 billion yuan, a year-on-year increase of 32.54% and a quarter-on-quarter increase of 2.70%. The net profit attributable to shareholders for the quarter was 198 million yuan, reflecting a year-on-year growth of 50.91% and a quarter-on-quarter growth of 46.20% [1]. - The company plans to invest 366 million yuan in a new project to produce 100,000 tons of lithium dihydrogen phosphate annually, enhancing its layout in the new energy materials sector [3]. Summary by Sections Financial Performance - For Q3 2025, the company’s revenue and profit saw significant growth due to the consolidation of Tianbao Company, which was acquired in June 2025 [2]. - The gross margin improved by 3.1 percentage points to 17.2% in Q3 2025, attributed to the optimization of the company's business structure [2]. Project Development - The company’s subsidiary plans to build a 100,000 tons/year lithium dihydrogen phosphate project, which is a key raw material for producing lithium iron phosphate [3]. - The company has a production capacity of 4.1 million tons/year of phosphate rock and has secured a stake in a phosphate mine with a designed capacity of 5.5 million tons/year [3]. Profit Forecast and Valuation - The company’s net profit forecasts for 2025, 2026, and 2027 are 657 million yuan, 817 million yuan, and 964 million yuan, respectively [4]. - The report provides a detailed earnings forecast, indicating a revenue growth rate of 12.64% for 2025 and a net profit growth rate of 23.20% for the same year [5].

证券代码：002312 证券简称：川发龙蟒 公告编号：2025-062 四川发展龙蟒股份有限公司 关于召开 2025 年第二次临时股东大会的提示性公告 本公司及董事会全体成员保证公告信息披露的内容真实、准确和完整，没有 虚假记载、误导性陈述或者重大遗漏。 四川发展龙蟒股份有限公司（以下简称"公司"）于 2025 年 9 月 30 日在《中国证券 报》《上海证券报》《证券时报》《证券日报》和巨潮资讯网（www.cninfo.com.cn）上 披露了《关于召开 2025 年第二次临时股东大会的通知》。现发布本次股东大会提示性 公告，具体内容如下： 一、会议召开基本情况 (一) 会议届次：2025 年第二次临时股东大会 (二) 会议召集人：公司董事会 （1）现场投票：股东本人出席现场会议或者通过授权委托书（见附件二）委托他 人出席现场会议。 （2）网络投票：公司将通过深交所交易系统和互联网投票系统向全体股东提供网 络投票平台，股东可以在上述网络投票时间内通过上述系统行使表决权。 同一股份只能选择现场投票、网络投票中的一种表决方式。网络投票包含深交所交 易系统和互联网投票系统两种投票方式，同一股份只能选择其中一种方式 ...