Core Viewpoint - Fengyuan Co., Ltd. (002805) experienced a decline in stock price, closing at 13.04 yuan, down 2.76% as of July 30, 2025, with significant net outflow of funds [1] Financial Performance - For Q1 2025, the company reported total revenue of 367 million yuan, a year-on-year increase of 109.52%, while net profit attributable to shareholders was 89.88 million yuan, a decrease of 129.77% [1] - The company's non-recurring net profit was 90.73 million yuan, down 118.53% year-on-year [1] - Key financial ratios include a current ratio of 0.868, quick ratio of 0.648, and a debt-to-asset ratio of 59.88% [1] Market Activity - The stock had a turnover rate of 3.01%, with a trading volume of 83,900 lots and a transaction amount of 110 million yuan [1] - Main funds saw a net outflow of 14.83 million yuan, accounting for 13.46% of the transaction amount, with significant outflows from large orders [1] Company Background - Established in 2000, Fengyuan Co., Ltd. is based in Zaozhuang City and primarily engages in the manufacturing of chemical raw materials and products [2] - The company has a registered capital of 280.06 million yuan and paid-in capital of 60.44 million yuan [1][2] - The legal representative of the company is Zhao Xiaomeng [1] Investment and Intellectual Property - Fengyuan Co., Ltd. has invested in 10 enterprises and participated in 5 bidding projects [2] - The company holds 2 trademark registrations and 64 patents, along with 15 administrative licenses [2]

Core Viewpoint - Lithium-rich manganese-based cathode materials are ideal for solid-state batteries due to their high specific capacity, high voltage characteristics, cost advantages, and compatibility with solid-state battery systems, showing significant potential in enhancing energy density, safety, and reducing costs [2]. Group 1: Industry Overview - The maturity of solid-state battery technology is expected to accelerate the penetration of lithium-rich manganese-based materials in high energy density demand scenarios such as new energy vehicles and low-altitude economy [2]. - According to incomplete statistics from SPIR, there are currently 34 core production enterprises of lithium-rich manganese-based cathode materials for solid-state batteries in China [2]. Group 2: List of Companies - A list of 34 companies producing lithium-rich manganese-based cathode materials includes: - Tsinghua Tongfang Technology - Rongbai Technology - Guoxuan High-Tech - Hunan Youneng - Greeenme - Ningbo Yian Lithium - Wanrun New Energy - Tianli Lithium Energy - Kunming Technology - Zhongke Gonen - Shenzhen Kejing - Changyuan Lithium Technology - Fengyuan Co., Ltd. - Huayou Cobalt - Zhenhua New Materials - Yibin Lithium Treasure - Jiangte Electric - BASF Shanshan - Chuanglu Advanced - Jinlongyu - Greenme - Xiangtan Electrochemical - Mengguli - Xiamen Tungsten New Energy - Chuangneng Huitong - Jusheng Technology - Sufang New Energy - Longli New Energy - Chuangneng New Materials - Zhuhai Guanyu - Tianhua New Energy - Su Lithium Technology - Ningxia Hanyao - Boshik High-Tech [3].

Group 1 - The company announced that its wholly-owned subsidiary, Fengyuan (Yunnan) Lithium Energy Technology Co., Ltd., received a VAT refund of 27,588,867.41 yuan from the local tax authority [2][3] - The VAT refund will positively impact the company's cash flow but will not affect its assets and profits [3] Group 2 - The company and its wholly-owned subsidiary, Shandong Fengyuan Lithium Energy Technology Co., Ltd., signed a guarantee contract with China Bank for a loan of 80 million yuan for its holding subsidiary, Shandong Fengyuan Huineng New Energy Materials Co., Ltd. [10][15] - The total amount of external guarantees provided by the company and its subsidiaries is 280 million yuan, which accounts for 163.79% of the company's latest audited net assets [8][19]

Summary of Key Points Core Viewpoint - Shandong Fengyuan Chemical Co., Ltd. has approved a new guarantee limit of up to RMB 650 million for its subsidiaries, with a significant portion allocated to subsidiaries with a debt-to-asset ratio below 70% [1]. Group 1: Guarantee Overview - The company and its subsidiaries will provide a total guarantee of up to RMB 650 million, with RMB 250 million specifically for subsidiaries with a debt-to-asset ratio below 70% [1]. - Recently, the company and its wholly-owned subsidiary, Fengyuan Lithium Energy Technology Co., Ltd., signed a guarantee contract with China Bank for a loan of RMB 80 million for its subsidiary, Fengyuan Huineng New Energy Materials Co., Ltd. [1]. Group 2: Guarantee Details - The total guarantee amount before this new guarantee was RMB 280 million, which represents 163.79% of the company's latest audited net assets [5]. - The company has not provided guarantees for any entities outside its consolidated financial statements and has no overdue debts related to guarantees [5]. Group 3: Financial Performance - As of the latest audited financials, the company's total assets were approximately RMB 1.26 billion, with total liabilities of about RMB 698 million, resulting in net assets of approximately RMB 566 million [3]. - The company reported a total revenue of approximately RMB 1.16 billion for the year 2024, with a net loss of approximately RMB 135 million [3].

证券代码：002805 证券简称：丰元股份 公告编号：2025-035 2、银行账户收款凭证。 特此公告。 山东丰元化学股份有限公司（以下简称"公司"或"上市公司"）全资孙公 司丰元（云南）锂能科技有限公司（以下简称"丰元云南"）于近日收到国家税 务总局玉溪市红塔区税务局下发的《税务事项通知书》（红塔税通〔2025〕1539 号），依据《财政部税务总局海关总署关于深化增值税改革有关政策的公告》（2019 年第 39 号）、《财政部 税务总局关于进一步加大增值税期末留抵退税政策实施力 度的公告》（财政部税务总局公告 2022 年第 14 号）、《财政部 税务总局关于扩大 全额退还增值税留抵税额政策行业范围的公告》（财政部 税务总局公告 2022 年 第 21 号）和《国家税务总局关于办理增值税期末留抵税额退税有关事项的公告》 （2019 年第 20 号），丰元云南申请的退还留抵税额事项，经税务机关审核，准 予退还留抵税额 27,588,867.41 元。丰元云南银行账户已收到该笔退税款。 二、对上市公司的影响 根据《企业会计准则》的相关规定，上述增值税期末留抵税额的退还将对公 司现金流产生积极影响，对公司的资产 ...

2025 年 4 月 28 日和 2025 年 5 月 22 日，公司分别召开第六届董事会第十三次会议 和 2024 年年度股东大会，审议通过了《关于对外担保额度预计的议案》，同意公司及 下属公司为公司合并报表范围内下属公司提供总计不超过人民币 650,000 万元的新增 担保额度，其中对资产负债率 70%以下的合并报表范围内下属公司提供不超过人民币 400,000 万元的新增担保额度，对资产负债率 70%以上的合并报表范围内下属公司提供 不超过人民币 250,000 万元的新增担保额度。具体内容详见公司在指定信息披露媒体 《证券时报》《中国证券报》《上海证券报》《证券日报》及巨潮资讯网披露的公告（公 告编号：2025-014）。 二、担保进展情况 近日，公司、公司全资子公司山东丰元锂能科技有限公司（以下简称"丰元锂能"） 与中国银行股份有限公司枣庄台儿庄支行（以下简称"中国银行台儿庄支行"）签署《保 证合同》，公司及丰元锂能共同为公司控股孙公司山东丰元汇能新能源材料有限公司（以 下简称"丰元汇能"）在中国银行台儿庄支行办理人民币 8,000 万元流动资金借款所形 成的债务提供连带责任保证。 证券代码：002 ...

[Expected Performance for the Current Period](index=1&type=section&id=I.%20Expected%20Performance%20for%20the%20Current%20Period) The company forecasts a substantial net loss for H1 2025, with attributable net profit widening to RMB 190-270 million from RMB 80.7375 million in the prior year 2025 Semi-Annual Performance Forecast vs. Prior Year Period | Item | Current Period | Prior Year Period | | :--- | :--- | :--- | | **Net Profit Attributable to Shareholders of Listed Company** | Loss: RMB 190 million – RMB 270 million | Loss: RMB 80.7375 million | | **Net Profit After Deducting Non-Recurring Gains and Losses** | Loss: RMB 186 million – RMB 266 million | Loss: RMB 85.1071 million | | **Basic Earnings Per Share** | Loss: RMB 0.68/share – RMB 0.96/share | Loss: RMB 0.29/share | [Communication with Accounting Firm](index=1&type=section&id=II.%20Communication%20with%20Accounting%20Firm) The company states that the financial data in this performance forecast is unaudited and awaits final confirmation - The financial data related to this performance forecast has not been pre-audited by an accounting firm[4](index=4&type=chunk) [Explanation of Performance Changes and Future Initiatives](index=1&type=section&id=III.%20Explanation%20of%20Performance%20Changes) Despite increased sales, the company's loss widened due to cost pressures, increased R&D, and asset impairment, with plans for H2 improvements - Despite facing losses, the company achieved year-over-year growth in the production and sales volume of lithium battery cathode materials in the first half of 2025[5](index=5&type=chunk) - Four primary factors contributed to the current period's performance loss: - Impact of raw material price fluctuations - Increased R&D expenses for product iteration and upgrades - Higher unit manufacturing costs due to depreciation from new production lines and insufficient equipment utilization during capacity ramp-up - Asset and credit impairment events[5](index=5&type=chunk) - The company plans to implement multiple measures in the second half of 2025 to improve profitability, including: **cost reduction and efficiency improvement**, **continuous R&D investment**, **strengthening supply chain management**, **expanding high-value customers**, and **enhancing capacity utilization**[5](index=5&type=chunk)[6](index=6&type=chunk) [Other Relevant Information](index=2&type=section&id=IV.%20Other%20Relevant%20Information) The company reminds investors that this unaudited performance forecast is preliminary, with final data in the 2025 semi-annual report, advising caution on investment risks - This performance forecast represents preliminary estimates by the company's finance department and is unaudited; specific financial data will be fully disclosed in the company's 2025 semi-annual report[7](index=7&type=chunk) - The company advises investors to exercise caution in their decisions and be aware of investment risks[7](index=7&type=chunk)

固态电池概念股盘初走高，德福科技（301511）涨超10%，铜冠铜箔（301217）涨超8%，上海洗霸 （603200）、丰元股份（002805）、东方锆业（002167）纷纷上扬。 暗盘资金正涌入这些股票，点击速看>>> ...

山东丰元化学股份有限公司 证券代码：002805 证券简称：丰元股份 公告编号：2025-032 股票交易异常波动公告 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、股票交易异常波动的情况介绍 山东丰元化学股份有限公司（证券名称：丰元股份，证券代码：002805，以 下简称"公司"或者"本公司")股票连续三个交易日（2025 年 6 月 19 日、6 月 20 日、6 月 23 日）收盘价格涨幅偏离值累计超过 20%。根据《深圳证券交易所 交易规则》的相关规定，属于股票交易异常波动的情况。 二、公司关注、核实情况说明 针对公司股票交易异常波动，公司董事会对有关事项进行了核查，并通过函 询的方式对公司控股股东、实际控制人进行了核实，现将有关情况说明如下： 1、公司前期披露的信息不存在需要更正、补充之处； 3、公司目前经营情况正常，不存在内外部经营环境发生或预计将要发生重 大变化的情形； 4、公司、控股股东和实际控制人不存在关于本公司的应披露而未披露的重 大事项，或处于筹划阶段的重大事项； 5、公司控股股东及实际控制人在公司股票交易异常波动期间不存在买卖公 ...

Group 1 - The board meeting of Shandong Fengyuan Chemical Co., Ltd. was held on June 20, 2025, via telecommunication voting, with all 9 directors present, confirming the legality and validity of the resolutions made [1][2] - The board approved the adjustment of the specialized committee members due to changes in the board composition, electing Zhou Shiyong as a member of the Strategic Committee and Zhu Tao as a member of the Audit Committee, effective immediately [1][2] - The voting results showed unanimous support with 9 votes in favor, 0 against, and 0 abstentions for the resolutions passed during the meeting [2] Group 2 - The current members of the Strategic Committee include Zhao Xiaomeng (Chair), Deng Yan, Chen Lingguo, Jin Yongcheng, and Zhou Shiyong [2] - The current members of the Audit Committee include Li Jian (Chair), Jin Yongcheng, and Zhu Tao [2] - The meeting's resolutions and decisions are documented and available for review [2]