Group 1 - The core viewpoint of the news is that Greeenmei (002340.SZ) reported its Q1 2025 results, highlighting the institutional investor landscape and changes in shareholding [1] - As of April 30, 2025, 53 institutional investors disclosed holding shares in Greeenmei A-shares, totaling 842 million shares, which represents 16.43% of the total share capital [1] - The top ten institutional investors collectively hold 15.20% of the shares, with a decrease of 1.05 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, there were 7 funds that increased their holdings, including major funds like the China Merchants CSI Battery Theme ETF and Tianhong CSI New Energy Index Enhanced A [2] - Conversely, 36 public funds reduced their holdings, with a decrease rate of 0.50%, including funds like Southern CSI 500 ETF and Huaxia CSI New Energy Vehicle ETF [2] - There were 5 newly disclosed public funds this quarter, while 287 funds were not disclosed again, indicating a significant turnover in the public fund landscape [2] Group 3 - Foreign investment sentiment showed a decrease in holdings from one foreign fund, Hong Kong Central Clearing Limited, with a reduction rate of 0.23% [2]

6月会议预告 2025高工钠电 产业峰会 主办单位： 高工钠电、高工产业研究院（GGII） 总冠名： 众钠能源 会议时间： 6月9日 会议地点： 苏州香格里拉大酒店（苏州虎丘区塔园路168号） 2025高工固态电池 技术与应用峰会 主办单位： 高工锂电、高工储能、高工产业研究院（GGII） 总冠名： 利元亨 会议时间： 6月10日 会议地点： 苏州香格里拉大酒店（苏州虎丘区塔园路168号） 全球锂电池回收赛道正变得日益拥挤和复杂。行业参与者面临双重压力：一边是欧盟等地日趋严格的回收法规与材料再生目标步步紧逼，另一边则是 上游材料价格波动对回收经济性构成的严峻考验。 此背景下，从电池制造商、材料巨头到专业的第三方回收商乃至汽车主机厂，各路玩家纷纷加速布局。 同时 ，他们的路径选择、技术侧重和商业模式呈现出显著差异，推动着整个产业链加速形成闭环。 市场 近况 ：产能增长趋缓，盈利挑战浮现 中国作为全球最大的电池市场，已初步建立起庞大的回收处理体系。 截至 2024 年底，官方认证的锂离子电池梯次利用和拆解回收总产能合计达到 423.3 万吨 / 年，其中回收拆解利用产能略超梯次利用产能。 一个值得关注的信号是，行 ...

Core Viewpoint - The company has reported significant growth in its first quarter of 2025, with record high sales revenue, net profit, and operating cash flow, driven by strong demand in its dual-track business model of urban mining and new energy materials manufacturing [24][25]. Financial Performance - The company achieved operating revenue of 9.496 billion yuan, a year-on-year increase of 13.67% [24] - Net profit attributable to shareholders reached 511 million yuan, up 12.10% year-on-year [24] - The net cash flow from operating activities was 634 million yuan, reflecting a substantial increase of 77.92% compared to the previous year [24] - Investment income surged by 1.35 billion yuan, marking a growth of 4,103.55% due to the sale of ECOPRO MAT shares [4] Business Operations - The average capacity utilization rate for core products exceeded 97%, with a strong average shipment growth rate of approximately 42% [24] - Nickel resource MHP shipments exceeded 25,000 tons, showing a significant year-on-year increase of over 138% [7] - The company has successfully completed the election of a new management team, focusing on attracting young and innovative talent to enhance its competitive edge [9][10] Strategic Initiatives - The company has initiated a global supplier alliance to address trade challenges and enhance market stability, involving over 120 global suppliers [13][25] - Strategic partnerships have been established with ECOPRO and other firms to develop an integrated supply chain for nickel resources and precursor materials in Indonesia [14][25] - The company is actively pursuing overseas capital market development, including plans for H-share issuance in Hong Kong [16] ESG and Social Responsibility - The company has signed a memorandum of understanding with UNU Yogyakarta University in Indonesia to promote higher education cooperation, reflecting its commitment to social responsibility and cultural exchange [17] - The company has achieved ISO37301 compliance management system certification, enhancing its risk management capabilities [19] Governance and Shareholder Engagement - The company has completed a new round of share repurchase amounting to 137 million yuan, aimed at boosting market confidence [16][37] - The company has consistently maintained high standards in information disclosure, receiving an A rating for eleven consecutive years from the Shenzhen Stock Exchange [36]

证券代码：002340 证券简称：格林美 公告编号：2025-064 格林美股份有限公司 第七届监事会第三次会议决议公告 本公司及监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、监事会会议召开情况 2025年4月28日，格林美股份有限公司（以下简称"公司"）第七届监事会第三次 会议在公司会议室以现场和视频相结合的表决方式召开，会议通知已于2025年4月 26日分别以书面、传真或电子邮件等方式发出。应出席会议的监事4名，实际参加会 议的监事4名。出席会议的人数超过监事总数的二分之一，表决有效。会议由监事会 主席鲁习金先生主持，本次会议召开的时间、地点及方式均符合《中华人民共和国 公司法》及《公司章程》的有关规定。 二、监事会会议审议情况 1、会议以4票同意、0票反对、0票弃权，审议通过了《2025年第一季度报告》。 公司监事会对《2025年第一季度报告》发表如下审核意见：经审核，监事会认 为董事会编制和审核公司《2025年第一季度报告》的程序符合法律、行政法规和中 国证监会的规定，报告内容真实、准确、完整地反映了公司的实际情况，没有虚假 记载、误导性陈述或者重大遗漏 ...

格林美股份有限公司 第七届董事会第四次会议决议公告 《2025年第一季度报告》详见公司指定信息披露媒体《中国证券报》《证券 时报》《上海证券报》《证券日报》和巨潮资讯网（http://www.cninfo.com.cn）。 证券代码：002340 证券简称：格林美 公告编号：2025-063 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 格林美股份有限公司（以下简称"公司"）第七届董事会第四次会议通知已于 2025年4月26日分别以书面、传真或电子邮件等方式向公司全体董事发出，会议 于2025年4月28日在公司会议室以现场和视频相结合的表决方式召开。本次会议 应参加会议的董事6人，实际参加会议的董事6人。出席会议的人数超过董事总数 的二分之一，表决有效。会议由公司董事长许开华先生主持，会议召开的时间、 地点及方式均符合《中华人民共和国公司法》及《公司章程》的有关规定。 二、董事会会议审议情况 1、会议以6票同意、0票反对、0票弃权，审议通过了《2025年第一季度报告》。 三、备查文件 经与会董事签字并加盖董事会印章的第七届董事会第四次 ...

证券代码：002340 证券简称：格林美 公告编号：2025-066 格林美股份有限公司（以下简称"公司"或"格林美"）基于对公司全球竞争力、 未来盈利能力与公司股票中长期价值的充分认可，为切实维护公司和全体股东利 益，积极践行"以投资者为本"的上市公司发展理念，提升上市公司治理质量和投 资价值，提振投资者信心，于2024年3月9日发布了《关于"质量回报双提升"行动 方案的公告》（公告编号：2024-011），现将行动方案相关进展情况公告如下： 一、夯实双轨驱动业务模式，提升全球行业核心地位 公司基于"资源有限、循环无限"的产业理念，形成了"城市矿山开采+新能源 材料制造"的双轨驱动业务模式。在城市矿山开采领域，公司回收利用镍钴锂钨 关键矿产资源、退役动力电池、电子废弃物、报废汽车、废塑料等典型废弃物， 构建了"电池回收箱—废弃物回收超市—废弃资源集散大市场—低碳循环工厂— 城市矿山开采产业园"等多层次开采城市矿山的示范模式，实现镍、钴、锂、铜、 锰、钨、金、银、铂、锗、镓、钪等20余种关键矿产资源的再制造，是全球城市 矿山开采的领导者与世界领先的废物循环企业；在新能源领域，公司"把红土镍 矿投进去，把电池材 ...

Financial Performance - The company's operating revenue for Q1 2025 was ¥9,495,947,222.52, representing a 13.67% increase compared to ¥8,354,162,360.57 in the same period last year[4] - Net profit attributable to shareholders was ¥511,283,142.90, up 12.10% from ¥456,098,177.39 year-on-year[4] - The net cash flow from operating activities increased by 77.92% to ¥633,949,270.71, compared to ¥356,303,843.48 in the previous year[4] - The total assets at the end of the reporting period reached ¥72,320,115,493.13, an increase of 8.27% from ¥66,796,724,457.19 at the end of the previous year[4] - The company's weighted average return on equity was 2.58%, up from 2.37% in the previous year[4] - The company reported a net profit of ¥445,704,904.86 after deducting non-recurring gains and losses, which is a 17.70% increase from ¥378,679,540.49 in the same period last year[4] - In Q1 2025, the company achieved a revenue of RMB 9.496 billion, representing a year-over-year growth of 13.67%[12] - The net profit attributable to shareholders reached RMB 511 million, up 12.10% year-over-year, while the net profit excluding non-recurring items was RMB 446 million, an increase of 17.70%[12] - The total comprehensive income for the current period was ¥657,367,814.52, compared to ¥440,029,951.54 in the previous period, reflecting an increase of 49.5%[34] - Basic and diluted earnings per share increased to ¥0.10 from ¥0.09 in the previous period[34] Operational Highlights - The average capacity utilization rate for core products exceeded 97%, with a shipment growth rate of approximately 42%[14] - Nickel resource MHP shipments exceeded 25,000 tons, a significant increase of over 138% year-over-year[14] - The company experienced a 235.91% increase in taxes payable, amounting to ¥2.22 billion, due to the sale of ECOPRO MAT shares and the transfer of subsidiary equity[8] - The company achieved a significant increase in inventory, totaling approximately 8.90 billion yuan, compared to 8.77 billion yuan previously[29] Strategic Initiatives - The company completed the election of a new management team, focusing on attracting young, innovative talents to enhance competitiveness[16] - The new generation of ultra-high nickel 9-series core-shell ternary precursors was successfully mass-produced, marking a significant technological achievement and expected to generate over 50,000 tons of incremental market annually[18] - A strategic cooperation agreement was signed with Puhua Co., Ltd. to optimize the nickel resource project in Indonesia, enhancing profitability and competitiveness[19] - The company established a global supplier alliance to effectively respond to tariff trade challenges, involving over 120 global suppliers[19] - A memorandum of understanding was signed with ECOPRO to jointly develop a green industrial park in Indonesia, focusing on a complete supply chain for battery materials[21] - The company signed a strategic cooperation framework agreement with JD Industrial to stabilize the overseas supply chain, aiming to procure goods worth no less than 5 billion yuan through JD's platform[23] - The company plans to issue H shares and list on the Hong Kong Stock Exchange within the year 2025[24] - A new round of share repurchase was launched in January 2025, with the amount reaching 137 million yuan to bolster market confidence[25] - The company signed a memorandum of understanding with UNU Yogyakarta University in Indonesia to promote cooperation in higher education and ESG values[26] Financial Position - Current assets totaled approximately 27.63 billion yuan, up from 25.82 billion yuan at the beginning of the period[29] - Total liabilities increased to approximately 47.13 billion yuan from 43.30 billion yuan[32] - The company's net profit attributable to shareholders reached approximately 6.46 billion yuan, compared to 5.95 billion yuan at the beginning of the period[32] - Long-term borrowings rose to approximately 14.67 billion yuan from 11.70 billion yuan[31] Cash Flow Analysis - Cash flow from operating activities generated a net amount of ¥633,949,270.71, compared to ¥356,303,843.48 in the previous period, marking an increase of 77.57%[36] - Cash flow from investing activities resulted in a net outflow of ¥4,206,412,518.04, worsening from a net outflow of ¥2,660,295,882.32 in the previous period[36] - Cash flow from financing activities yielded a net inflow of ¥4,041,643,992.49, significantly higher than the previous period's net inflow of ¥1,742,451,327.58[37] Other Information - The first quarter report is unaudited[38] - The new accounting standards will be implemented starting in 2025[38] - The financial statement adjustments will be applicable from the beginning of the year in which the new standards are first executed[38] - The board of directors of Greenme Co., Ltd. issued the report on April 28, 2025[38]

Group 1 - The automotive dismantling concept sector rose by 2.17%, ranking 8th among concept sectors, with 17 stocks increasing in value [1] - Notable gainers in the automotive dismantling sector included Disenli and Tianqi Co., both reaching the daily limit, while Wuchan Zhongda, Huahong Technology, and Poly United also saw significant increases of 5.37%, 4.86%, and 3.41% respectively [1] - The sector experienced a net inflow of 7.1036 million yuan, with Tianqi Co. leading the inflow at 169 million yuan, followed by Disenli and Shanzigaoke with inflows of 71.5446 million yuan and 43.1881 million yuan respectively [2][3] Group 2 - The top stocks by net inflow ratio included Disenli at 47.70%, Tianqi Co. at 40.82%, and Yiqiu Resources at 15.71% [3] - The trading volume for Tianqi Co. was 168.6903 million yuan with a daily increase of 10.03%, while Disenli also increased by 10.03% with a trading volume of 71.5446 million yuan [3][4] - Other notable performers included Huahong Technology with a 4.86% increase and a trading volume of 587.28 million yuan, while GreenMe saw a slight decline of 0.33% with a trading volume of 100.462 million yuan [3][4]

Group 1 - Wuhan Meiji Intelligent Equipment Manufacturing Co., Ltd. has been established with a registered capital of 20 million yuan [1] - The legal representative of the company is Min Zhong [1] - The business scope includes manufacturing and sales of metallurgical special equipment and mining machinery [1] Group 2 - The company is wholly owned by Greenme (Wuhan) Urban Mining Industry Group Co., Ltd., a subsidiary of Greenme (002340) [1]

Core Insights - The company reported a revenue of 33.2 billion yuan for 2024, representing an 8.75% year-over-year increase, and a net profit attributable to shareholders of 1.02 billion yuan, up 9.19% year-over-year [1] - The company experienced significant growth in core product shipments, particularly in the battery materials sector, with a notable increase in profitability [2] - Nickel production capacity continues to expand, positioning the company among the top three in global MHP nickel production capacity [3] - Earnings per share (EPS) forecasts for 2025-2027 have been adjusted downward, but the company maintains a positive outlook on future nickel capacity expansion [4] Financial Performance - In Q4 2024, the company achieved a revenue of 8.33 billion yuan, a decrease of 19.15% year-over-year but an increase of 10.53% quarter-over-quarter [1] - The company's comprehensive gross margin improved by 3.05 percentage points to 15.29% in 2024, with specific product gross margins also showing increases [2] Product and Market Developments - The company’s core product, ternary precursor materials for power batteries, saw a shipment volume of 189,000 tons in 2024, a 5% increase year-over-year [2] - The sales of nickel resources are set to increase significantly due to a new investment project in Indonesia, which will produce 66,000 tons of nickel annually [3] Production Capacity and Expansion - The company produced 51,677 tons of nickel metal in 2024, a 91% increase year-over-year, and has established a nickel resource capacity of 150,000 tons per year in Indonesia [3] - Future plans include increasing nickel resources from over 120,000 tons to over 216,000 tons by 2025-2027 [3] Valuation and Forecast - The company’s EPS estimates for 2025-2027 have been revised to 0.31, 0.47, and 0.73 yuan, reflecting a downward adjustment [4] - The target price for the company is set at 6.86 yuan, based on a projected price-to-book (PB) ratio of 1.70 for 2025 [4]