Financial Performance - The total revenue for the first three quarters of 2025 reached 6.616 billion yuan, representing a year-on-year growth of 16.75% [2] - The net profit attributable to shareholders for the third quarter was 264 million yuan, a year-on-year decrease of 7.51% but a quarter-on-quarter increase of 4.03% [2] - The revenue for the third quarter alone was 2.368 billion yuan, showing a year-on-year growth of 13.60% and a quarter-on-quarter growth of 5.45% [2] Market Dynamics - The sales prices of battery chemicals stabilized, with significant year-on-year increases in sales volume [2] - The company is enhancing internal collaboration and integrated operations, leading to improved operational efficiency [2] Product and Capacity Insights - The actual annual production capacity of lithium hexafluorophosphate at Shilei is approximately 24,000 tons, with a monthly output of around 2,000 tons [3] - The self-supply ratio of lithium hexafluorophosphate is currently between 50%-70%, with plans to maintain and slightly increase this ratio as Shilei's capacity expands [4] Strategic Outlook - The company anticipates a "tight supply and demand, rational price return" scenario for lithium hexafluorophosphate in 2026, driven by growth in the power battery and energy storage sectors [3] - Future capital expenditures are projected to be in the tens of billions, focusing on global expansion and core business upgrades [9] Competitive Landscape - The entry of large petrochemical companies into the fluorochemical sector is viewed as a normal competitive phenomenon, with the company maintaining a positive outlook on this development [8] - The core competitive advantages of the company in the fluorochemical field include deep technical barriers, clear differentiation, and integrated supply chain management [8]

Summary of Conference Call for Company and Industry Analysis Company: 新宙邦 (Xinjubang) Key Points Industry Overview - The electrolyte market experienced significant growth in Q3, particularly in the energy storage sector, with expectations for this trend to continue until 2026 [2][4] - Electrolyte prices have rebounded after hitting a low in the first half of the year, with further increases anticipated in Q4 and beyond, primarily driven by lithium hexafluorophosphate prices [2][4] Pricing and Supply Chain Dynamics - The price of lithium hexafluorophosphate has recently surged, reaching between 90,000 to 100,000 RMB per ton, influencing the electrolyte market [3][6] - There exists a time lag in the transmission of electrolyte price increases to customers due to varying contract cycles, but this lag is shortening [7] - Xinjubang's procurement prices for lithium hexafluorophosphate vary widely, influenced by long-term contracts and market pricing mechanisms [6] Production Capacity and Supply Chain Management - Shilei Company currently has a production capacity of 20,000 tons/year for lithium hexafluorophosphate, expected to increase to 36,000 tons by the end of this year or Q1 next year, with a self-supply ratio projected to reach 50%-66% [11] - The company plans to continue sourcing from long-term partners to stabilize the supply chain, emphasizing the importance of capacity expansion and self-supply ratio improvements for cost control [11] Semiconductor Sector - The semiconductor sector's fluorinated liquid products are expected to see stable growth in shipments by Q3 2025, particularly hydrogen fluoride cleaning liquids [2][12] - A new factory is under construction, with equipment installation and testing expected to begin by the end of 2026, potentially doubling current shipment volumes [12][13] Financial Performance and Future Outlook - The Haidefu business achieved monthly profitability in September, showing significant loss reduction, with expectations for gradual performance improvement in the coming years [9][10][14] - The company has not set a specific profit target for the year but is focused on new product development and process optimization [9][14] International Market Expansion - Approximately 20% of sales come from overseas customers, with overseas electrolyte product prices significantly higher than domestic prices [5][19] - The company plans to increase investment in overseas markets and sign long-term contracts with international manufacturers, with a focus on expanding production bases abroad [5][19] Capital Expenditure Plans - Future capital expenditures are expected to reach several billion RMB, primarily for domestic projects and new developments, as well as overseas investments [5][18] - The Ohio project in the U.S. may face delays due to U.S.-China tariff impacts, and the company is monitoring the international trade environment [5][18] Competitive Landscape - The fluorochemical business is a crucial revenue driver for the company, but it faces increased competition from new entrants in the market [24][25] - Xinjubang maintains a competitive edge through continuous innovation and a differentiated product strategy, which has allowed it to sustain market share and reasonable profit margins [25][26] Additional Insights - The company is actively developing new products based on perfluoropolyether systems and has a strong market presence in domestic and Korean markets, with rapid expansion in Japan and Taiwan [8] - The company is also exploring solid-state battery research in collaboration with Tsinghua University, indicating a commitment to innovation in battery technology [13]

Group 1 - The chemical sector experienced a significant rally on October 29, with the chemical ETF (516020) showing a nearly uninterrupted upward trend, closing with a gain of 2.94% [1] - Key stocks in the sector included lithium batteries, civil explosives, pesticides, and potassium fertilizers, with notable gains from Yuntianhua (over 7%), Guangdong Hongda, and Yangnong Chemical (both over 6%) [1] - The chemical ETF's underlying index, which includes leading companies in the lithium battery industry, is expected to benefit significantly from the development of a new energy system [2] Group 2 - The chemical ETF's underlying index had a price-to-book ratio of 2.25, which is at a low point historically, indicating strong medium to long-term investment value [3] - The basic chemical sector has attracted significant main capital inflow, with a net inflow of 26.825 billion yuan over the past five trading days, ranking fourth among 30 major sectors [4] - Future demand in the chemical industry is expected to expand, with the sector's global competitiveness likely to improve, while supply-side competition may ease, promoting high-quality development [5] Group 3 - The chemical ETF (516020) tracks the CSI segmented chemical industry theme index, covering various sub-sectors, with nearly 50% of its holdings in large-cap leading stocks [6] - Investors can also access the chemical sector through the chemical ETF linked funds (Class A 012537/Class C 012538) for more efficient exposure [6]

Core Insights - The report highlights the acceleration of demand and continuous improvement in profitability for the companies analyzed, particularly in the semiconductor and copper industries, with significant year-on-year growth in revenue and net profit [12][13][14]. Company Summaries Unigroup Guowei (002049.SZ) - The company reported a revenue of 4.904 billion yuan for Q1-Q3 2025, representing a 15.1% year-on-year increase, and a net profit of 1.263 billion yuan, up 25.0% year-on-year [12]. - In Q3 2025 alone, revenue reached 1.857 billion yuan, a 33.6% increase year-on-year, with net profit soaring by 109.6% to 571 million yuan [12]. - The growth is attributed to the recovery in special business demand, stable development in traditional consumer markets, and accelerated expansion in eSIM and automotive safety chips [14]. Luoyang Copper (603993) - The company achieved a revenue of 145.49 billion yuan for Q1-Q3 2025, a decrease of 6.0% year-on-year, but net profit surged by 72.6% to 14.28 billion yuan, driven by rising copper prices and increased production and sales [13][14]. - Q3 2025 revenue was 50.71 billion yuan, down 2.4% year-on-year but up 4.0% quarter-on-quarter, with net profit increasing by 96.4% year-on-year to 5.61 billion yuan [14]. - The company plans to invest in the KFM Phase II project, expected to commence production in 2027, and has acquired Lumina Gold Company to diversify its mineral portfolio [14]. Other Companies - The report also covers various companies such as Nanjing Bank, which reported a revenue of 419 billion yuan for 9M25, up 8.8% year-on-year, and a net profit of 180 billion yuan, up 8.1% year-on-year, indicating a stable performance [20]. - New Australia Co. is highlighted for benefiting from the rising prices of Australian wool, with expectations of significant performance elasticity due to favorable supply and demand dynamics [19]. Industry Insights - The semiconductor industry is experiencing a new cycle of prosperity, driven by increased demand for special integrated circuits and advancements in high-end AI visual perception and automotive electronics [14]. - The copper industry is seeing a rebound in prices and production, with companies like Luoyang Copper capitalizing on this trend to enhance profitability and expand operations [14]. - The report emphasizes the importance of technological modernization and structural optimization in traditional industries as key components of future growth strategies [11].

人民财讯10月28日电，新宙邦（300037）10月28日发布2025年三季报，公司第三季度营业收入23.68亿 元，同比增长13.6%；净利润2.64亿元，同比下降7.51%。2025年前三季度营业收入66.16亿元，同比增 长16.75%；净利润7.48亿元，同比增长6.64%；基本每股收益1.0元。 ...

深圳新宙邦科技股份有限公司 独立董事工作制度 深圳新宙邦科技股份有限公司 独立董事工作制度 第一章 总则 第一条 为保证深圳新宙邦科技股份有限公司(以下简称"公司")的规范运 作，进一步完善公司治理结构，更好的维护全体股东利益，根据《中华人民共和 国公司法》《中华人民共和国证券法》《上市公司独立董事管理办法》《深圳证 券交易所创业板股票上市规则》《深圳证券交易所上市公司自律监管指引第2号- 创业板上市公司规范运作》和《深圳新宙邦科技股份有限公司章程》（以下简称 "《公司章程》"）的有关规定，制定本制度。 第二条 公司独立董事是指不在公司担任除董事外的其他职务，并与公司及 其主要股东、实际控制人不存在直接或者间接利害关系，或者其他可能影响其进 行独立客观判断关系的董事。 独立董事应当独立履行职责，不受公司及其主要股东、实际控制人等单位或 者个人的影响。 第三条 独立董事对公司及全体股东负有忠实与勤勉义务，应当按照法律、 行政法规、中国证券监督管理委员会（以下简称"中国证监会"）规定、证券交 易所业务规则和《公司章程》的规定，认真履行职责，在董事会中发挥参与决策、 监督制衡、专业咨询作用，维护公司整体利益，保护中 ...

| 第一章 | 总则 | - 1 | - | | --- | --- | --- | --- | | 第二章 | 财务管理体系 - | 1 | - | | 第三章 | 会计机构及财务会计人员 - | 4 | - | | 第四章 | 内部会计监督与财务会计人员的考核要求 - | 6 | - | | 第五章 | 财务会计管理 - | 8 | - | | 第六章 | 资产管理 - | 9 | - | | 第一节 | 货币资金管理 - | 10 | - | | 第二节 | 应收及预付款管理 - | 11 | - | | 第三节 | 存货管理 - | 12 | - | | 第四节 | 固定资产和在建工程管理 - | 12 | - | | 第五节 | 股权投资资产管理 - | 13 | - | | 第六节 | 无形资产和其他资产的管理 - | 14 | - | | 第七章 | 成本、费用的管理 - | 15 | - | | 第八章 | 营业收入的管理 - | 16 | - | | 第九章 | 利润及分配的管理 - | 16 | - | | 第十章 | 财务报告 - | 17 | - | 深圳新宙邦科技股份有限公司 财务管 ...

深圳新宙邦科技股份有限公司 信息披露管理制度 信息披露管理制度 第一章 总 则 第一条 为规范公司及其他信息披露义务人的信息披露行为，加强信息披露 事务管理，促进公司依法规范运作，维护公司和投资者的合法权益，根据《公司 法》《证券法》《上市公司信息披露管理办法》《深圳证券交易所创业板股票上 市规则》《深圳证券交易所上市公司自律监管指引第2号-创业板上市公司规范运 作》及其他相关法律、法规的规定，结合公司实际情况，制定本制度。 第二条 本制度所称"信息"是指所有可能对公司股票及其衍生品种交易价 格或者投资决策可能或已经产生较大影响的信息以及证券监管部门要求披露的 信息或公司主动披露的信息，本制度所称"披露"系指公司或者相关信息披露义 务人按法律、行政法规、部门规章、规范性文件和深圳证券交易所其他有关规定 在指定媒体上公告信息。公司信息披露文件主要包括定期报告、临时报告、招股 说明书、募集说明书、上市公告书、收购报告书等。 第三条 本制度所称"信息披露义务人"包括： （一）公司及其董事、高级管理人员； （二）公司各部门及下属公司负责人； （三）公司股东、实际控制人及收购人； （四）重大资产重组、再融资、重大交易有 ...

深圳新宙邦科技股份有限公司 总经理工作细则 深圳新宙邦科技股份有限公司 总裁工作细则 第一章 总则 第一条 为进一步提高深圳新宙邦科技股份有限公司(以下简称"公司")总 裁、副总裁及其他高级管理人员的管理水平和管理效率，进一步规范公司总裁、 副总裁及其他高级管理人员的议事方式和决策程序，保证总裁、副总裁及其他高 级管理人员能够合法有效地履行其职责，根据《中华人民共和国公司法》(以下 简称"《公司法》")、《中华人民共和国证券法》(以下简称"《证券法》")、 《上市公司治理准则》(以下简称"《治理准则》")、《深圳证券交易所上市公 司自律监管指引第2号——创业板上市公司规范运作》以及《深圳新宙邦科技股 份有限公司章程》(以下简称"《公司章程》")的相关规定，特制定本细则(以下 简称"本细则")。 第二条 公司总裁负责主持公司的日常经营管理工作，组织实施董事会决议， 主持公司日常经营管理工作。 第二章 总裁的任职资格与任免程序 （一）无民事行为能力或者限制民事行为能力； 第三条 总裁任职应当具备下列条件： （一）具有较丰富的经济理论知识、管理知识及实践经验，具有较强的经营 管理能力； （二）具有调动职工积极性、建 ...

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