| 证券代码：003036 | 证券简称：泰坦股份 | 公告编号：2025-053 | | --- | --- | --- | | 债券代码：127096 | 债券简称：泰坦转债 | | 浙江泰坦股份有限公司 关于 2025 年第三季度可转换公司债券转股情况公告 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。 特别提示： 1、累计转股情况：浙江泰坦股份有限公司可转换公司债券（以下简称"泰 坦转债"）于 2024 年 5 月 6 日开始转股，截至 2025 年 9 月 30 日，累计共有 3,550,600.00 元"泰坦转债"转为公司股份，因转股形成的股份数量为 267,121 股，占"泰坦转债"转股前公司已发行股份总额的 0.124%。 2、未转股可转债情况：截至 2025 年 9 月 30 日，尚未转股的"泰坦转债" 金额为 291,949,400.00 元，占"泰坦转债"发行总额的 99.80%。 3、本季度转股情况：2025 年 7 月 1 日至 2025 年 9 月 30 日期间，"泰坦转 债"因转股减少 29,899 张（2,989,900.00 ...

New Stock Issuance - YouSheng Co., Ltd. (Securities Code: 732418) issued shares at a price of 46.36 RMB on September 12, 2025[1] - *ST Tianmao (Securities Code: 000627) has a cash option declaration period from September 15 to September 19, 2025[1] - *ST Zitian (Securities Code: 300280) enters the delisting arrangement period starting September 15, 2025[1] Trading Alerts - Hangke Technology (Securities Code: 688006) reported severe abnormal fluctuations on September 11, 2025[1] - Shanghai Electric Power (Securities Code: 600021) had a trading volume of 8,487 on September 10, 2025[1] - Tianji Co., Ltd. (Securities Code: 002759) reported a trading volume of 8,705 on September 10, 2025[1] Abnormal Fluctuations - ST Lingnan (Securities Code: 002717) reported a trading volume of 7,965 on September 10, 2025[3] - ST Huaxi (Securities Code: 002630) reported a trading volume of 9,579 on September 11, 2025[3] - ST Jianye (Securities Code: 600381) reported a trading volume of 5,420 on September 3, 2025[3]

Summary of Key Points Core Viewpoint - Titan Co., Ltd. experienced a decline of 5.64% in its stock price, with a trading volume of 2.94 billion yuan and a turnover rate of 7.51% on the day of reporting [2]. Trading Activity - The stock was listed on the Dragon and Tiger List due to a price deviation of -8.18%, with institutional investors net selling 17.92 million yuan [2]. - The top five trading departments accounted for a total transaction volume of 85.51 million yuan, with a net selling amount of 9.10 million yuan [2]. - Among the trading departments, three institutional special seats were involved, with a total buying amount of 8.32 million yuan and a selling amount of 26.23 million yuan, resulting in a net sell of 17.92 million yuan [2]. Historical Performance - Over the past six months, Titan Co., Ltd. has appeared on the Dragon and Tiger List six times, with an average price drop of 4.21% the day after being listed and an average decline of 8.25% in the following five days [2]. Capital Flow - On the reporting day, the stock saw a net inflow of 6.28 million yuan from major funds, including a net inflow of 2.85 million yuan from large orders [2]. - In the past five days, the net inflow of major funds amounted to 35.92 million yuan [2].

Market Overview - The convertible bond market showed positive performance with the Zhongzheng Convertible Bond Index rising by 1.23% to 480.25, with a total trading volume of 76.871 billion [1] - A total of 437 convertible bonds were traded, with 409 increasing in value, 1 remaining flat, and 27 declining [1] Top Performing Convertible Bonds - The top five performing convertible bonds included: - Fushi Convertible Bond (123217) with a rise of 20.0% - Jing 23 Convertible Bond (113669) also up by 20.0% - Jiazhe Convertible Bond (113039) increasing by 17.69% - Chongda Convertible Bond 2 (128131) up by 14.01% - Outong Convertible Bond (not specified) rising by 11.67% [2] Underperforming Convertible Bonds - The five convertible bonds with the largest declines were: - Kaizhong Convertible Bond (113698) down by 3.29% - Yaoshi Convertible Bond (123145) decreasing by 2.92% - Titan Convertible Bond (127096) falling by 2.69% - Huicheng Convertible Bond (not specified) down by 2.04% [2] Corresponding Stock Performance - Among the stocks corresponding to the convertible bonds, 352 stocks rose, 16 remained flat, and 69 declined [1] - The top five performing stocks included: - Si Hui Fushi (300852) with a rise of 19.99% - Jingke Technology (601778) increasing by 10.05% - Chongda Technology (002815) up by 10.01% - Luxshare Precision (not specified) rising by 10.00% - Jingwang Electronics (not specified) also up by 10.00% [4] Declining Stocks - The stocks with the largest declines included: - Titan Shares (not specified) down by 5.64% - Huahai Pharmaceutical (not specified) decreasing by 4.26% - Nenghui Technology (not specified) down by 3.88% - Shouhua Gas (not specified) falling by 2.99% - Shandong Zhanggu (not specified) down by 2.98% [5]

Group 1 - Dematech won a 900 million yuan overseas smart logistics project from a well-known e-commerce giant in Latin America, focusing on intelligent logistics cross-belt sorting systems and related services [1] - Kang En Bei received approval for the registration of short-term financing bonds and medium-term notes, with a total registration amount of 1 billion yuan, valid for two years [1][2] - Zhi Xiang Jin Tai's GR1803 injection for systemic lupus erythematosus clinical trial has been approved by the National Medical Products Administration [2] Group 2 - Jin Da Wei's subsidiary received approval for a veterinary drug product, pyridone, valid from September 3, 2025, to September 2, 2030 [4] - Fu Li Wang's subsidiary plans to invest 500 million yuan in a high-end wire material project, focusing on high-strength prestressed steel strands for various applications [5] - He Li Biological's subsidiary's Class III medical device registration application has been accepted, focusing on natural bone repair materials [12] Group 3 - Lin Yang Energy won a 244 million yuan metering equipment project from Southern Power Grid, expected to positively impact its 2025 and 2026 performance [20] - Sanxia Water plans to absorb its wholly-owned subsidiary, Chongqing Changdian United Energy, with all assets and liabilities to be inherited by Sanxia Water [13] - Tian Cheng Technology canceled the use of 91 million yuan of raised funds for permanent working capital, ensuring no impact on the normal operation of investment projects [24] Group 4 - Baosteel received approval to publicly issue bonds totaling 20 billion yuan to professional investors, valid for 24 months [52] - Tian Kang Biological reported a 10.15% year-on-year increase in pig sales in August, with a total of 263,800 pigs sold [53] - Xinjiang Construction won multiple major projects totaling 4.506 billion yuan, including a 2.4 billion yuan photovoltaic hydrogen synthesis project [18]

Core Viewpoint - Titan Co., Ltd. experienced a decline of 4.50% in its stock price, with a trading volume of 4.89 billion yuan and a fluctuation of 17.49% on the day of reporting [2] Trading Activity - The stock had a turnover rate of 11.64%, indicating significant trading activity [2] - Institutional investors net sold 1.8833 million yuan, while total net selling from brokerage seats reached 37.1407 million yuan [2] - The top five trading departments accounted for a total transaction volume of 1.50 billion yuan, with buying amounting to 55.7143 million yuan and selling at 94.7383 million yuan, resulting in a net selling of 39.024 million yuan [2] Institutional Participation - Three institutional specialized seats were involved in trading, with total buying of 28.2329 million yuan and selling of 30.1162 million yuan, leading to a net selling of 1.8833 million yuan [2] - Over the past six months, the stock has appeared on the trading list five times, with an average price drop of 3.85% the day after being listed and an average decline of 7.55% over the following five days [2] Capital Flow - The stock saw a net outflow of 54.9728 million yuan in principal funds, with large orders contributing to a net outflow of 21.8274 million yuan and 33.1454 million yuan respectively [2] - In the last five days, the stock experienced a net inflow of 40.3605 million yuan [2]

Core Viewpoint - Titan Co., Ltd. experienced a decline of 4.50% in its stock price, with a trading volume of 4.89 billion yuan and a volatility of 17.49% on the day of reporting [1] Trading Activity - The stock had a turnover rate of 11.64%, with institutional investors net selling 1.88 million yuan and total net selling from brokerage seats amounting to 37.14 million yuan [1] - The top five brokerage seats accounted for a total transaction volume of 150 million yuan, with buying transactions totaling 55.71 million yuan and selling transactions totaling 94.73 million yuan, resulting in a net selling of 39.02 million yuan [1] Institutional Participation - Among the brokerage seats, three institutional specialized seats were involved, with total buying amounting to 28.23 million yuan and selling amounting to 30.12 million yuan, leading to a net selling of 1.88 million yuan [1] - Over the past six months, the stock has appeared on the trading leaderboard five times, with an average price drop of 3.85% the day after being listed and an average decline of 7.55% over the following five days [1] Capital Flow - The stock saw a net outflow of 54.97 million yuan in principal funds, with a significant outflow of 21.83 million yuan from large orders and 33.15 million yuan from major orders [1] - In the last five days, the stock experienced a net inflow of 40.36 million yuan in principal funds [1]

Core Viewpoint - The Chinese solid-state battery industry is transitioning from laboratory validation to industrialization, with several companies achieving mass production or vehicle application in semi-solid-state batteries, while research and pilot testing for all-solid-state batteries are accelerating [1][5]. Industry Overview - The solid-state battery concept has gained traction, with the Wind Solid-State Battery Index rising over 11% since September. Notable stock performances include a 60% increase for Xian Dao Intelligent and over 30% for companies like Shanghai Xiba and Tian Ci Materials [2]. - The Ministry of Industry and Information Technology and the State Administration for Market Regulation have issued a plan to support foundational research in solid-state batteries through key national R&D programs [2]. - Market data indicates that leading equipment companies have reported new signed and backlog orders exceeding 30 billion yuan, with year-on-year growth rates of 70% to 80% [2][3]. Technological Developments - The lithium battery industry is entering a structural recovery phase, with a surge in demand for new technologies such as solid-state batteries and high-voltage lithium iron phosphate [3]. - Major battery manufacturers are investing heavily in solid-state battery production, with CATL planning 10-15 GWh capacity by 2025 and BYD focusing on sulfide routes for new platforms by 2026 [3][4]. Vehicle Manufacturers' Progress - Dongfeng Motor has implemented semi-solid-state battery installations and is set to mass-produce solid-state batteries with energy densities of 350 Wh/kg [4]. - SAIC Motor's MG4 model has integrated semi-solid-state batteries, while GAC Group is developing solid-state batteries with energy densities exceeding 350 Wh/kg, expected to be installed in vehicles by 2026 [4]. Market Challenges - Concerns have been raised regarding the lack of ideal solid electrolyte materials, leading to significant uncertainties in technology routes. Many companies are opting for semi-solid-state batteries as a transitional solution, which may hinder the development of all-solid-state battery technologies [5]. - The industry faces challenges in collaboration and policy direction, with a need for enhanced foundational research and coordinated breakthroughs in key materials and processes to achieve high-quality development in the solid-state battery sector [5].

Core Viewpoint - The company is currently in the preparatory phase for solid-state battery electrolyte research and development, focusing on project approval and equipment procurement [2] Group 1 - Investors inquired about the development status of the company's solid-state battery electrolyte and its competitive advantages compared to existing market products [2] - The company confirmed that the solid-state battery R&D is underway, with specific details to be announced in future company announcements [2]

Group 1 - The core viewpoint of the article highlights that Titan Co., Ltd. (003036.SZ) has noted increased market attention towards solid-state battery concepts [2] - The company has established a new subsidiary focused on the research and production of solid-state battery lithium-sulfur phosphorus-chlorine electrolytes [2] - Currently, the subsidiary is in the preparatory stages, including project approval and equipment procurement, and has not yet achieved industrialization or sales revenue [2]