Core Viewpoint - Eight PCB listed companies have disclosed their performance forecasts for the first half of the year, with significant profit increases expected, particularly for Shengyi Electronics, which anticipates a net profit increase of over 450% year-on-year [1] Group 1: Company Performance Forecasts - Shengyi Electronics expects a net profit of 511 million to 549 million yuan, representing a year-on-year increase of 432% to 471% and a quarter-on-quarter increase of 55.34% to 74.33% [2] - Guanghua Technology forecasts a net profit of 51 million to 58 million yuan, with a year-on-year increase of 375.05% to 440.26% and a quarter-on-quarter increase of 4% to 32% [2] - Pengding Holdings anticipates a net profit of 1.198 billion to 1.26 billion yuan, reflecting a year-on-year increase of 52.79% to 60.62% and a quarter-on-quarter increase of 45.49% to 57.99% [2] - Guanghe Technology expects a net profit of 485 million to 505 million yuan, with a year-on-year increase of 51.85% to 58.12% and a quarter-on-quarter increase of 2.08% to 10.42% [2] - Shengyi Technology forecasts a net profit of 1.4 billion to 1.45 billion yuan, indicating a year-on-year increase of 50% to 56% and a quarter-on-quarter increase of 48.23% to 57.09% [2] - Huadian Co. expects a net profit of 1.65 billion to 1.75 billion yuan, with a year-on-year increase of 44.63% to 53.40% and a quarter-on-quarter increase of 16.54% to 29.66% [2] - Zhongjing Electronics anticipates a net profit of 16 million to 20 million yuan, indicating a turnaround from losses year-on-year and a quarter-on-quarter increase of 28.57% to 85.71% [2] - Jin'an Guoji expects a net profit of 15 million to 22.5 million yuan, with a year-on-year decrease of 67.83% to 78.56% [2]

Performance Forecast - The company expects a net profit of 51 million to 58 million yuan for the current reporting period, compared to 10.7356 million yuan in the same period last year, representing an increase of 375.05% to 440.26% [1] - The expected net profit after deducting non-recurring gains is projected to be between 50 million and 56 million yuan, up from 9.5613 million yuan last year, indicating an increase of 422.94% to 485.69% [1] - The basic earnings per share are estimated to be between 0.1075 yuan and 0.1247 yuan, compared to 0.0269 yuan per share in the previous year [1] Reasons for Performance Change - The company has intensified its efforts in expanding the specialized chemical products sector, successfully breaking into key benchmark clients within the industry [1] - Increased investment in research and development has further solidified the company's leading position in the chemical reagents and PCB chemical products fields [1] - Continuous cost reduction and efficiency enhancement initiatives have improved product competitiveness and overall operational efficiency, ensuring steady development for the company [1]

证券代码：002741 证券简称：光华科技 公告编号：2025-030 广东光华科技股份有限公司 2025 年半年度业绩预告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、本期业绩预计情况 1．业绩预告期间：2025 年 1 月 1 日至 2025 年 6 月 30 日 2．预计的经营业绩：同向上升 2025 年半年度业绩预计情况： 三、业绩变动原因说明 报告期内，公司持续加大专用化品板块业务的拓展力度，突破行业重点标杆 客户，持续加大研发投入，进一步扩大公司在化学试剂及 PCB 化学品领域的领先 优势；公司持续推进降本增效工作，不断提升产品竞争力，全面提升经营效率， 保障公司的稳步发展。 四、风险提示 以上预告数据仅为初步核算数据，未经审计机构审计，具体财务数据以公司 披露的 2025 年半年度报告为准。敬请广大投资者理性投资，注意风险。 | 项 目 | 本报告期 | | 上年同期 | | | --- | --- | --- | --- | --- | | 归属于上市公司 股东的净利润 | 盈利：5,100 万元–5,800 | 万元 | 盈利：1,0 ...

光华科技（002741）公告，2025年半年度业绩预计同向上升。归属于上市公司股东的净利润预计为5100 万元–5800万元，比上年同期的1073.56万元增加375.05%-440.26%。扣除非经常性损益后的净利润预计 为5000万元–5600万元，比上年同期的956.13万元增加422.94%-485.69%。基本每股收益预计为0.1075元/ 股–0.1247元/股，上年同期为0.0269元/股。 ...

证券代码：002741 证券简称：光华科技 公告编号：2025-029 广东光华科技股份有限公司 本公司及董事会全体成员保证公告内容真实、准确和完整，不存在虚假记 载、误导性陈述或重大遗漏。 广东光华科技股份有限公司（以下简称"公司"）召开第五届董事会第十五 次会议、第五届监事会第十四次会议，审议通过了《关于使用暂时闲置募集资金 进行现金管理的议案》，同意公司在不影响募集资金投资计划正常进行的情况下， 将总额不超过 5 亿元（含本数）的闲置募集资金购买期限不超过 12 个月（含） 的保本型产品，使用期限自董事会审议通过之日起 12 个月内有效，在上述额度 内资金可滚动使用。现将公司购买现金管理产品的进展情况公告如下： 一、闲置资金管理概况 | 产品名称 | 产品类型 | 资金来源 | 起息日 | 到期日 | 赎回本金 | 收益金额 | | --- | --- | --- | --- | --- | --- | --- | | | | | | | （万元） | （万元） | | 人民币结构性存 | 保本浮动 | 闲置的募 | 2025/4/2 | 2025/6/27 | 12,250.00 | 24.24 | ...

Meeting Details - The first temporary shareholders' meeting of Zhejiang Guanghua Technology Co., Ltd. was held on June 20, 2025, at 14:30 [2][3] - The meeting combined on-site voting and online voting, with specific time slots for each voting method [4] - The meeting was convened by the board of directors and presided over by Chairman Sun Jiefeng [4] Attendance - A total of 97 shareholders (or their agents) participated in the voting, representing 90,544,400 shares, which is 70.7378% of the total shares [5] - Out of these, 6 shareholders attended the on-site meeting, holding 85,000,000 shares (66.4063% of total shares), while 91 shareholders participated via online voting, representing 5,544,400 shares (4.3316% of total shares) [6] - Among the participants, 92 were small shareholders, representing 6,544,400 shares (5.1128% of total shares) [6] Proposal Review and Voting Results - The main proposal discussed was to conclude certain fundraising projects and permanently supplement the remaining funds into working capital [7] - The voting results showed that 90,403,996 shares (99.8449%) were in favor, 113,704 shares (0.1256%) were against, and 26,700 shares (0.0295%) abstained [7][8] - For small shareholders, 6,403,996 shares (97.8546%) voted in favor, 113,704 shares (1.7374%) were against, and 26,700 shares (0.4080%) abstained [7] Legal Opinion - The legal opinion was provided by Guohao Law Firm (Hangzhou), confirming that the meeting's procedures, participant qualifications, and voting results complied with relevant laws and regulations [9]

Industry Overview - The PET copper foil sector is experiencing active performance, with notable stock increases for companies like Nord Shares and Yinglian Shares [1] - PET copper foil utilizes a "sandwich" structure, incorporating high polymer materials like PET as the intermediate substrate, with metal layers deposited on both sides, representing dual innovation in materials and production processes [1] - The main new technology routes for composite copper foil include one-step and two-step methods, with the one-step chemical deposition wet method showing significant advantages in production costs and fixed asset investment, as well as high product yield [1] - The rapid development of downstream industries such as new energy vehicles and energy storage is driving continuous demand for high-performance battery materials [1] Market Potential - As a lithium battery anode collector material, PET copper foil can reduce battery weight and enhance energy density, leading to an expanding market demand [1] - According to Chuan Cai Securities, if the penetration rate of composite copper foil reaches 20% by 2025, with global lithium battery shipments reaching 2000 GWh, the market space for PET composite copper foil is expected to reach 26.8 billion yuan by 2025 [1] Company Insights - Citic Securities anticipates a "stable growth period" for the composite collector industry from the second half of 2023 to the first half of 2024, marking it as the best allocation period for the industry [2] - Guojin Securities believes that composite copper foil is a rare and highly potential new direction in lithium battery materials, expected to see explosive growth by 2025 [2] - Baoming Technology has a production yield of approximately 80% for its lithium battery composite copper foil products, which are currently undergoing sample certification [2] - Nord Shares focuses on the research, production, and sales of electrolytic copper foil for lithium-ion batteries, and is also developing composite foil materials [2] - Yinglian Shares has three production lines for composite copper foil, with one line already in operation and two additional water plating lines under commissioning [2] - Zhongyi Technology is in the process of constructing a PET copper foil production line and supplies lithium battery copper foil and standard copper foil to a subsidiary of CATL [2] - Tongguan Copper Foil is engaged in ongoing research for PET copper foil, with a focus on high-precision electronic copper foil manufacturing [3] - Defu Technology is in the pilot testing stage for a new coating process aimed at large-scale production of high-quality composite copper foil [3] - Jingwei Huikai plans to invest in a composite copper (aluminum) foil manufacturing project in the Dafeng Economic Development Zone [4] - Guanghua Technology's chemicals are utilized in both one-step and two-step processes for PET composite copper foil, with a unit value of approximately 1.5 yuan [4]

Core Points - Zhejiang Guanghua Technology Co., Ltd. announced its 2024 annual profit distribution plan, which includes a cash dividend of RMB 3.60 per 10 shares, totaling RMB 46,080,000 [2][3] - The dividend will be distributed to all shareholders registered by the equity distribution registration date of June 24, 2025, with the ex-dividend date set for June 25, 2025 [3][4] Profit Distribution Details - The total share capital for the dividend distribution is 128,000,000 shares, and the cash dividend is inclusive of tax [3] - Different tax rates apply for various categories of shareholders, with specific provisions for Hong Kong investors and domestic investors holding different types of shares [3] - The company will not withhold individual income tax at the time of distribution; instead, it will be calculated based on the holding period when shares are sold [3] Distribution Method - Cash dividends will be directly credited to the accounts of A-share shareholders through their securities companies on the ex-dividend date [5] - The company assumes all legal responsibilities for any discrepancies in dividend distribution due to changes in shareholder accounts during the application period [7] Consultation and Documentation - The company’s board office is available for inquiries regarding the dividend distribution [7] - Relevant documents, including the resolutions from the annual shareholders' meeting and board meetings, will be available for review [7]

Summary of Solid-State Battery Industry Research Update Industry Overview - The solid-state battery industry is experiencing significant advancements, particularly in the development of sulfide solid-state batteries, which are favored for their superior conductivity compared to oxide alternatives. Major companies like CATL and BYD are actively pursuing the sulfide route, accelerating product launches and industry progress [1][5][7]. Key Points Cost Reduction Potential - Solid-state batteries have substantial cost reduction potential by utilizing higher voltage platforms and higher capacity electrode materials. For instance, CATL's next-generation solid-state battery may achieve 500 Wh/kg, which could reduce material consumption by 60% compared to current lithium iron phosphate batteries [2][5]. Market Trends - The solid-state battery technology is transitioning from pilot to mass production, with automotive-grade batteries reaching a 60 Ah application state, indicating readiness for road testing and commercial production. CATL and BYD are expected to undergo mid-term assessments by the Ministry of Industry and Information Technology and the Ministry of Finance in September 2025 [1][8]. Sulfide Electrolyte Development - The sulfide electrolyte technology is rapidly evolving, with several companies showcasing products with conductivity nearing that of liquid electrolytes. Companies like Ruigu New Materials, Yuyuan Tianci, and Solid State Technology are leading in this field, with a 300 kg production line already operational [1][9][10]. Production Techniques - Various production techniques for sulfide electrolytes are being explored, including liquid-phase, solid-phase, carbothermal reduction, and CVD methods. The CVD method, used by Xiamen Tungsten New Energy, is noted for its potential to achieve low-cost production [1][11]. Equipment Market - Key players in the solid-state battery equipment market include Honggong Technology and Nacronor, focusing on material automation processing and rolling equipment, respectively. Investment in solid-state battery sectors should prioritize sulfide electrolyte materials and related equipment [3][12]. Investment Recommendations - Investment opportunities should focus on companies involved in sulfide electrolyte materials and related equipment, such as Xiamen Tungsten New Energy, Guanghua Technology, and Yuyuan New Materials, which show significant growth potential and reasonable valuations [3][13][14]. Industry Challenges - Smaller battery companies face challenges in leveraging solid-state technology due to strict electrochemical laws, making it difficult to achieve breakthroughs without substantial technological advancements [4]. Future Outlook - The solid-state battery industry is currently transitioning from small-scale trials to mid-scale production, with expectations for increased product output and capacity expansion in the coming year [15]. Notable Company Developments - Xiamen Tungsten is expected to achieve significant performance improvements in its lithium cobalt oxide products, while Yuyuan New Materials has made rapid advancements in high-purity lithium sulfide production, collaborating closely with major clients like CATL and Huawei [21][22][23]. Emerging Players - Companies like Sanxiang New Materials in the halide electrolyte sector are also showing promise, with significant growth expected in the coming years if breakthroughs are achieved [24][25]. Conclusion - The solid-state battery industry is poised for rapid growth, driven by advancements in sulfide technology and increasing investments in production capabilities. Key players are well-positioned to capitalize on these trends, making it a compelling area for investment.

Market Overview - The Shanghai Composite Index closed at 3376.58 points, above the five-day moving average, with an increase of 0.43% [1] - The total trading volume of A-shares reached 742.505 billion yuan [1] Stocks Performance - A total of 1307 A-shares have surpassed the five-day moving average today [1] - Notable stocks with significant deviation rates include: - Keheng Co., Ltd. (300340) with a deviation rate of 14.75% and a daily increase of 20.02% [1] - Taicheng Light (300570) with a deviation rate of 10.38% and a daily increase of 14.14% [1] - Pinwo Food (300892) with a deviation rate of 9.59% and a daily increase of 13.08% [1] Additional Stocks with Deviation Rates - Other stocks with notable performance include: - Kunlun Technology (831152) with a deviation rate of 9.36% and a daily increase of 13.26% [1] - Fengfan Co., Ltd. (601700) with a deviation rate of 7.43% and a daily increase of 9.91% [1] - Chuan Yi Technology (002866) with a deviation rate of 7.38% and a daily increase of 9.98% [1]