证券日报网讯12月5日晚间，百川股份（002455）发布公告称，截至本公告日，母子孙公司之间担保实 际发生的总余额为51.35亿元，占公司最近一期经审计净资产的259.22%。其中，母子孙公司向金融机构 申请的融资提供担保余额为47.64亿元。公司除合并报表范围内母子孙公司之间互保外，未进行其他对 外担保。无逾期担保情况，无涉及诉讼的担保，未因担保被判决败诉而承担损失。 ...

特别风险提示： 截至本公告日，公司除合并报表范围内母子孙公司之间互保外，未进行其他对外担保。无 逾期担保情况，无涉及诉讼的担保，未因担保被判决败诉而承担损失。 证券代码:002455 证券简称:百川股份 公告编号:2025-091 债券代码:127075 债券简称:百川转 2 江苏百川高科新材料股份有限公司 关于公司合并报表范围内提供担保的进展公告 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。 公司母子孙公司之间担保余额超过最近一期经审计净资产100%、有对资产负债率超过70% 的被担保对象进行担保，敬请投资者注意担保风险。 一、担保情况概述 （一）担保审议情况 江苏百川高科新材料股份有限公司（以下简称"公司"）于 2025 年 8 月 26 日召开的第七 届董事会第七次会议和 2025 年 9 月 12 日召开的 2025 年第三次临时股东会审议通过了《关于 公司合并报表范围内提供担保额度预计的议案》，鉴于公司 2024 年审议的担保额度有效期即 将届满，为满足并表范围内母子孙公司日常生产经营和业务发展资金需要，母子孙公司之间未 来十二个月内拟向相关金融机 ...

Core Viewpoint - Baichuan Co., Ltd. announced plans to increase capital for its subsidiaries, Nantong Baichuan New Materials Co., Ltd. and Ningxia Baichuan New Materials Co., Ltd., to support their operational development and optimize their asset-liability structure [2] Group 1: Company Actions - The company will convert its debt of 9.62 billion yuan held against Nantong Baichuan into equity to meet the subsidiary's operational needs [2] - Nantong Baichuan will also convert its debt of 18 billion yuan held against Ningxia Baichuan New Materials into equity [2] - The fourth temporary shareholders' meeting of the company approved the capital increase proposal on November 17, 2025 [2] Group 2: Regulatory Compliance - The subsidiaries, Nantong Baichuan and Ningxia Baichuan New Materials, have completed the necessary business registration changes and obtained new business licenses [2]

格隆汇11月28日丨百川股份(002455.SZ)在互动平台表示，公司有对固态电池技术路线进行过相关的研 究和关注，但目前未有批量生产固态电池，公司技术团队将对电池的发展态势进行持续关注，做好技术 储备，酌情考虑后续布局。 ...

证券代码:002455 证券简称:百川股份 公告编号:2025-090 债券代码:127075 债券简称:百川转 2 统一社会信用代码：913206827986239190 名称：南通百川新材料有限公司 类型：有限责任公司（自然人投资或控股的法人独资） 法定代表人：蒋国强 注册资本：216200 万元整 成立日期：2007 年 02 月 09 日 住所：如皋市长江镇（如皋港区）香江路 6 号 经营范围：许可项目：危险化学品生产；危险化学品经营；有毒化学品进出口；货物进出 口；技术进出口；进出口代理；道路货物运输（不含危险货物）；道路货物运输（含危险货物） （依法须经批准的项目，经相关部门批准后方可开展经营活动，具体经营项目以审批结果为准） 一般项目：化工产品生产（不含许可类化工产品）；化工产品销售（不含许可类化工产品）； 合成材料制造（不含危险化学品）；合成材料销售；专用化学产品制造（不含危险化学品）； 专用化学产品销售（不含危险化学品）；新材料技术研发；电子专用材料研发（除依法须经批 准的项目外，凭营业执照依法自主开展经营活动） 江苏百川高科新材料股份有限公司 关于子公司完成工商变更登记的公告 本公司及董事 ...

Group 1 - The core viewpoint of the news is that Baichuan Co., Ltd. has shown a positive stock performance with a year-to-date increase of 8.50% and a recent rise of 2.03% on November 25, reaching a stock price of 8.04 yuan per share [1] - As of September 30, 2025, Baichuan Co., Ltd. reported a revenue of 4.277 billion yuan, reflecting a year-on-year growth of 9.40%, while the net profit attributable to shareholders decreased by 95.32% to 4.807 million yuan [2] - The company operates in three main business segments: fine chemicals (75.51% of revenue), new materials (18.65%), and new energy (5.84%) [1] Group 2 - The company has a total market capitalization of 4.778 billion yuan and a trading volume of 128 million yuan on November 25, with a turnover rate of 3.09% [1] - The number of shareholders as of September 30, 2025, is 78,200, which is a decrease of 3.01% from the previous period, while the average circulating shares per person increased by 3.10% to 6,638 shares [2] - Baichuan Co., Ltd. has distributed a total of 550 million yuan in dividends since its A-share listing, with 65.3136 million yuan distributed over the past three years [2]

Core Insights - The domestic first large-capacity all-solid-state battery production line has been established, currently undergoing small-scale testing production, marking a significant milestone in the all-solid-state battery technology [1] - The all-solid-state battery is recognized as the "holy grail of next-generation battery technology," offering higher energy density, inherent safety, longer lifespan, and wider temperature range compared to traditional liquid lithium batteries [2] - Multiple companies are advancing their solid-state battery projects, with plans for small-scale vehicle integration and mass production set for 2027 [4] Industry Developments - The all-solid-state battery technology is included in the national strategic development plan, indicating its importance for future energy storage solutions [2] - Major players like CATL and Changan Automobile are targeting 2027 for mass production, with significant improvements in battery safety and energy density [2] - The industry is expected to see a peak in pilot production lines in 2026, with small-scale commercialization anticipated by 2027 [3] Company Progress - GAC Group has completed the first large-capacity all-solid-state battery production line, capable of producing batteries with an energy density nearly double that of current batteries [1] - SAIC Group and Penghui Energy have also reported advancements in their solid-state battery production lines, with plans for sample production and vehicle testing in the near future [4] - Companies are focusing on overcoming technical bottlenecks related to manufacturing costs, cycle life, and environmental adaptability to facilitate the industrial application of solid-state batteries [4]

Core Insights - The first large-capacity all-solid-state battery production line in China has been completed and is currently undergoing small-scale testing [1] - The all-solid-state battery technology is seen as a significant breakthrough in addressing "range anxiety" and "safety concerns" in the electric vehicle industry [1][3] - The energy density of the newly developed all-solid-state battery is nearly double that of existing batteries, enabling vehicles with over 500 kilometers of range to achieve more than 1000 kilometers [1] Industry Developments - The all-solid-state battery is referred to as the "holy grail of next-generation battery technology" due to its higher energy density and inherent safety compared to traditional liquid lithium batteries [3] - The technology has been included in national strategic initiatives, highlighting its importance for high-quality development in the new energy storage manufacturing sector [3] - No company globally has yet commercialized all-solid-state batteries, but several companies, including CATL and Changan Automobile, have set timelines for production and testing between 2025 and 2027 [3][4] Company Progress - GAC Group has established the first large-capacity all-solid-state battery production line, with plans for small-scale vehicle testing by 2026 and mass production between 2027 and 2030 [1] - SAIC Group's all-solid-state battery production line in Shanghai is set to achieve sample production by the end of this year, with vehicle testing planned for next year and mass production by 2027 [6] - Penghui Energy has completed its all-solid-state battery pilot line, while Baichuan Co. is monitoring the technology's development without current plans for mass production [6]

Core Insights - The solid-state battery technology is making significant progress, with GAC Group establishing the first large-capacity solid-state battery production line in China, capable of mass production of automotive-grade solid-state batteries with over 60Ah capacity [1] - The energy density of the newly developed solid-state batteries is nearly double that of existing batteries, enabling vehicles with over 500 km range to achieve over 1000 km after usage [1] - The industry anticipates small-scale vehicle testing by 2026 and gradual mass production from 2027 to 2030 [1] Industry Developments - Solid-state batteries are referred to as the "holy grail of next-generation battery technology," offering higher energy density, inherent safety, longer lifespan, and wider temperature range compared to traditional liquid lithium batteries [2] - No company has yet commercialized solid-state batteries globally, but several companies, including CATL and Changan Automobile, plan to achieve vehicle integration by 2027, with Changan's battery safety improved by 70% over liquid batteries [2] - The industry expects a peak in pilot production lines in 2026, with small-scale commercialization starting in 2027 and a potential market scale of 100 GWh by 2030 [3] Company Updates - SAIC Group announced that its solid-state battery production line in Shanghai has been fully operational, with sample production expected by the end of this year and vehicle testing in 2024, aiming for mass production in 2027 [4] - Penghui Energy confirmed that its solid-state battery pilot line is operational, with results pending further evaluation [4] - Baichuan Co. has conducted research on solid-state battery technology but has not yet achieved mass production, indicating ongoing monitoring of industry developments [4]

Core Insights - The first large-capacity all-solid-state battery production line in China has been completed and is currently undergoing small-scale testing [1] - The all-solid-state battery technology is seen as a significant breakthrough in addressing "range anxiety" and "safety concerns" in the electric vehicle industry [1] - The energy density of the newly developed all-solid-state battery is nearly double that of existing batteries, enabling vehicles with over 500 kilometers of range to achieve more than 1000 kilometers [1] Industry Developments - Currently, no company globally has commercialized all-solid-state batteries, but several companies have set timelines for production and testing [2] - Companies like CATL and Changan Auto plan to achieve vehicle integration by 2027, with Changan's battery safety improved by 70% compared to liquid batteries [2] - The industry is expected to see a peak in pilot production lines in 2026, with small-scale commercialization anticipated by 2027 and a potential market scale of 100 GWh by 2030 [2] Technological Advancements - The transition from laboratory to pilot production for all-solid-state batteries is accelerating, with multiple companies initiating pilot line construction [3] - Key challenges include material systems, manufacturing processes, and cost reduction, with ongoing engineering validation of core processes [3] - The demand for equipment is expected to rise as pilot lines transition to GWh-level production, benefiting equipment manufacturers [3] Company Updates - SAIC Group has achieved full connectivity of its all-solid-state battery production line in Shanghai and plans to conduct vehicle testing in 2023 [4] - Penghui Energy has established its pilot line for solid-state batteries, with results pending further evaluation [4] - Baichuan Co. is monitoring the development of solid-state battery technology but has not yet initiated mass production [4] - The Chinese Association for Science and Technology emphasizes the need to overcome technical bottlenecks in manufacturing costs and lifecycle for solid-state batteries [4]