Group 1: Company Overview and Product Development - The company began developing composite copper foil products in 2021, with three iterations to date: PET-based, PP-based, and the third generation micro-porous PP composite foil, which significantly enhances performance metrics [4] - The third generation product features low surface resistance, no roller welding, and strong stress absorption, receiving high recognition from customers [4] Group 2: Production and Quality Metrics - The material utilization rate for the company's products is approximately 90%, accounting for necessary cutting during production [5] - The company has successfully introduced its products into mass production for clients in the power, energy storage, and consumer sectors, with progress reported as smooth [6] - The gross margin for the composite copper foil products is currently favorable [7] Group 3: Expansion Plans and Financial Strategies - The company plans to adjust its expansion arrangements based on market demand and will utilize self-funding, project loans, and refinancing to secure necessary funds for expansion projects [8] Group 4: Competitive Advantages and Future Applications - The company's composite copper foil offers a price advantage over electrolytic copper foil, with different pricing discounts based on order volume [9] - Feedback indicates that the third generation micro-porous composite foil better absorbs stress from the expansion and contraction of silicon-carbon anodes and solid-state batteries, showing strong competitive advantages in future applications [9] - The company is developing a fourth generation composite copper foil aimed at enhancing fast charging performance and improving safety by reducing lithium dendrite formation, with samples currently undergoing client testing [10]

Group 1 - The solid-state battery concept is experiencing a partial recovery, with companies like Baoming Technology hitting the daily limit up and Defu Technology rising over 10% [1] - Several copper foil companies have recently disclosed their latest advancements and mass production timelines in the solid-state battery sector [1] - Guojin Securities believes that composite copper foil is a promising new direction in lithium battery materials, expected to see explosive growth by 2025 [1] Group 2 - Other companies such as Dongwei Technology, Xiangfenghua, Shanghai Xiba, and Zhongyuan New Materials also saw stock price increases [1] - The composite copper foil sector is leading the gains within the solid-state battery concept [1] - The overall market sentiment is shifting positively towards solid-state battery technologies [1]

Group 1 - *ST San Sheng (002742.SZ): The controlling shareholder Pan Xianwen's judicial auction of 32.2 million shares has been completed, with 30 million shares transferred, accounting for 6.94% of the total share capital. After the reduction, Pan Xianwen's shareholding ratio decreased from 24.20% to 17.26%, which will not lead to a change in company control [1] - Aike Co., Ltd. (300889.SZ): Shareholder Zhang Fengbin, holding over 5%, reduced his stake by 1% (1.67818 million shares) from May 13 to June 27, 2025, bringing his holding to 7.9902% [1] - Anlu Technology (688107.SH): The shareholder National Integrated Circuit Industry Investment Fund Co., Ltd. completed its reduction plan, selling 4.008493 million shares (1% of total share capital) from May 8 to June 30, 2025, with a total reduction amount of 109.36 million yuan, current holding ratio at 5.76% [1] Group 2 - Anshuo Information (300380.SZ): The controlling shareholder Shanghai Anshuo Technology Development Co., Ltd. and actual controllers reduced their stakes by 1.16% (1.599416 million shares), 0.94% (1.300187 million shares), and 0.65% (900,000 shares) respectively [1] - Baoming Technology (002992.SZ): Directors and management plan to reduce their holdings by a total of 0.0107%, 0.0714%, and 0.0107% over the next three months [2] - Beiyikang (870199.BJ): Employee shareholding platforms completed their reduction plans, selling 546,284 shares (0.8%) and 131,650 shares (0.19%) [2] Group 3 - Boyun New Materials (002297.SZ): Major shareholder Hunan Xiangtou High-tech Venture Capital Co., Ltd. reduced its stake by 406.74 million shares (0.71%) from June 5 to June 30, 2025, bringing its holding to 6.99% [2] - Dongwei Technology (688700.SH): Specific shareholder Xie Yulong completed a reduction plan, selling 574,857 shares (0.1927%) from June 4 to June 30, 2025, with a total reduction amount of 21.362156 million yuan, current holding ratio at 0% [2] - Fuzhi Environmental Protection (688335.SH): Major shareholder Deqing Junjie Enterprise Management Partnership plans to reduce up to 4.441035 million shares (3%) over the next three months [3] Group 4 - Gu Gao Technology (301510.SZ): Shareholder Beijing Equity Investment Development Management Center completed its reduction plan, selling 4.0001 million shares (1%) from June 5 to June 30, 2025, bringing its holding to 7.68% [3] - Guangbo Co., Ltd. (002103.SZ): Shareholder Ren Hangzhong reduced his stake by 156,440 shares (0.2928%), bringing his holding to 9.99999% [3] - Guoke Military Industry (688543.SH): Specific shareholders Yang Minghua and Chen Gonglin plan to reduce up to 2.08842 million shares (1%) and 3.789115 million shares (1.8143%) over the next three months [3] Group 5 - Guorui Technology (300600.SZ): Major shareholder Gong Ruiliang reduced his stake by 3.243209 million shares (1.1%) from June 27 to July 1, 2025, bringing his holding to 20.63% [4] - Hangzhou Thermal Power (605011.SH): Shareholder Huashi Investment plans to reduce up to 5.997 million shares (1.4989%) over the next three months [4] - Huaya Intelligent (003043.SZ): Executives plan to reduce their holdings by a total of 0.0132%, 0.0092%, and 0.0092% over the next three months [4]

Group 1 - The company Shenzhen Baoming Technology Co., Ltd. announced a share reduction plan by certain directors and supervisors, including Ba Yinjihe, Ding Xuelian, and Jiao Jianghua [1][2] - The specific shareholding details of the shareholders planning to reduce their holdings are provided, with Ba Yinjihe holding 147,850 shares (0.0812%), Ding Xuelian holding 650,000 shares (0.3571%), and Jiao Jianghua holding 78,000 shares (0.0428%) [1] - The planned share reductions include Ba Yinjihe reducing up to 19,500 shares (0.0107%), Ding Xuelian up to 130,000 shares (0.0714%), and Jiao Jianghua up to 19,500 shares (0.0107%) [2] Group 2 - The shares to be reduced are sourced from various holdings, including shares obtained through non-trading transfers and shares from the 2022 equity incentive plan [1] - The company confirms that the share reduction plan aligns with previous disclosures and does not violate any commitments [2] - The implementation of the share reduction plan will not lead to a change in the company's control or significantly impact its governance structure [2]

证券代码：002992 证券简称：宝明科技 公告编号：2025-034 深圳市宝明科技股份有限公司 关于部分董事、监事、高级管理人员减持股份预披露公告 一、股东的基本情况 截至本公告日，拟减持股份的股东具体持股情况如下： | 股东名称 | 职务 | 持股数量（股） | 占当前公司总股本比例 | | --- | --- | --- | --- | | 巴音及合 | 董事、副总经理 | 147,850 | 0.0812% | | 丁雪莲 | 监事会主席 | 650,000 | 0.3571% | | 焦江华 | 职工代表监事 | 78,000 | 0.0428% | 二、本次减持计划的主要内容 1、减持原因：股东个人资金需求。 公司部分董事、监事、高级管理人员（巴音及合、丁雪莲、焦江华）保证 向本公司提供的信息内容真实、准确、完整，没有虚假记载、误导性陈述或重大 遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 特别提示： 1、公司董事、副总经理巴音及合先生、监事会主席丁雪莲女士、职工代表 监事焦江华先生分别持有公司股份 147,850 股、650,000 股、78,000 股，分别占 ...

Group 1 - The company Baoming Technology (002992) announced that its director and vice president, Bayin, along with the chairman of the supervisory board, Ding Xuelian, and employee representative supervisor, Jiao Jianghua, plan to reduce their shareholdings between July 23, 2025, and October 22, 2025 [1] - Bayin intends to reduce his holdings by no more than 19,500 shares, accounting for 0.0107% of the total share capital [1] - Ding Xuelian plans to reduce her holdings by 130,000 shares, representing 0.0714% of the total share capital [1] - Jiao Jianghua also plans to reduce his holdings by 19,500 shares, which is 0.0107% of the total share capital [1] - The reason for the reduction in shareholdings is due to personal funding needs of the shareholders [1]

证券代码：002992 证券简称：宝明科技 公告编号：2025-033 深圳市宝明科技股份有限公司 关于 2022 年限制性股票激励计划首次授予部分第三个解除限售期解 除限售股份上市流通的提示性公告 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。 重要内容提示： 公司 2022 年限制性股票激励计划首次授予部分第三个解除限售期解除 限售条件已经成就，符合解除限售条件的激励对象共计 77 名，可解除限售的限 制性股票数量为 126.5271 万股，占公司当前总股本的 0.6950%。 本次解除限售股份可上市流通的日期为：2025 年 6 月 25 日。 （一）2022 年 4 月 6 日，公司召开第四届董事会第十八次（临时）会议， 审议通过了《关于<深圳市宝明科技股份有限公司 2022 年限制性股票激励计划 （草案）>及其摘要的议案》《关于<深圳市宝明科技股份有限公司 2022 年限制 性股票激励计划实施考核管理办法>的议案》《关于提请股东大会授权董事会办 理深圳市宝明科技股份有限公司 2022 年限制性股票激励计划有关事项的议案》 《关于召开 2022 年第二 ...

证券代码：002992 证券简称：宝明科技 公告编号：2025-032 深圳市宝明科技股份有限公司 关于为全资子公司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。 一、担保情况概述 深圳市宝明科技股份有限公司（以下简称"公司"）分别于 2025 年 4 月 28 日召开第五届董事会第九次会议、2025 年 5 月 20 日召开公司 2024 年年度股东 大会，审议通过了《关于公司及子公司向银行等金融机构申请综合授信或贷款并 相互提供担保的议案》，同意公司及子公司计划向银行等金融机构申请综合授信 /贷款额度累计不超过人民币 60 亿元。在上述综合授信/贷款额度内，公司及子公 司根据融资授信的实际需要，相互之间提供担保。具体内容详见公司于 2025 年 4 月 29 日在巨潮资讯网（http://www.cninfo.com.cn）上披露的《关于公司及子公 司向银行等金融机构申请综合授信或贷款并相互提供担保的公告》（公告编号： 2025-018）。 二、担保进展情况 本次为宝明精工提供担保的额度在公司董事会、股东大会批准范围之内。 三、被担保人 ...

证券代码：002992 证券简称：宝明科技 公告编号：2025-031 深圳市宝明科技股份有限公司 关于全资子公司为公司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。 一、担保情况概述 深圳市宝明科技股份有限公司（以下简称"公司"）分别于 2025 年 4 月 28 日召开第五届董事会第九次会议、2025 年 5 月 20 日召开公司 2024 年年度股东 大会，审议通过了《关于公司及子公司向银行等金融机构申请综合授信或贷款并 相互提供担保的议案》，同意公司及子公司计划向银行等金融机构申请综合授信 /贷款额度累计不超过人民币 60 亿元。在上述综合授信/贷款额度内，公司及子公 司根据融资授信的实际需要，相互之间提供担保。具体内容详见公司于 2025 年 4 月 29 日在巨潮资讯网（http://www.cninfo.com.cn）上披露的《关于公司及子公 司向银行等金融机构申请综合授信或贷款并相互提供担保的公告》（公告编号： 2025-018）。 二、担保进展情况 近日，公司与中信银行股份有限公司深圳分行（以下简称"中信银行深圳分 行"） ...

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]