Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company's performance in the first half of 2025 met market expectations, with revenue of 4.25 billion yuan, a year-on-year increase of 19%, and a net profit attributable to shareholders of 480 million yuan, up 16% year-on-year [8] - The electrolyte segment is expected to maintain a growth rate of 30% in 2025, with shipments projected to reach 280,000 to 300,000 tons, and overseas customers expected to account for 15-20% of total shipments [8] - The fluorochemical segment showed a profit increase of over 10% quarter-on-quarter, with a projected annual profit contribution of over 800 million yuan [8] - The company has improved its cost control capabilities, with a stable expense ratio and significant improvement in operating cash flow [8] - The target price for the stock is set at 65.4 yuan, based on a 30x PE ratio for 2026 [8] Financial Summary - Total revenue is projected to grow from 7.84 billion yuan in 2024 to 17.78 billion yuan in 2027, with a compound annual growth rate (CAGR) of 27.64% [9] - Net profit attributable to shareholders is expected to increase from 942 million yuan in 2024 to 2.03 billion yuan in 2027, reflecting a CAGR of 24.10% [9] - The latest diluted EPS is forecasted to rise from 1.26 yuan in 2024 to 2.71 yuan in 2027 [9] - The company's P/E ratio is projected to decrease from 37.61 in 2024 to 17.49 in 2027, indicating an improving valuation [9]

证券代码：300037 证券简称：新宙邦 公告编号：2025-061 债券代码：123158 债券简称：宙邦转债 深圳新宙邦科技股份有限公司 第六届董事会第二十四次会议决议公告 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。 深圳新宙邦科技股份有限公司（以下简称"公司"）第六届董事会第二十四 次会议于2025年8月22日在公司会议室以现场结合通讯方式召开。本次董事会会议 通知已于2025年8月11日以电子邮件方式发出。本次董事会以现场方式参会董事5 人，以通讯方式参会董事4人，实际参与表决董事9人，公司监事和高级管理人员 列席会议。会议由公司董事长覃九三先生召集并主持。本次会议的召集、召开符 合有关法律、法规和《公司章程》的规定。 三、审议通过了《关于 <公司 ensp="ensp" 年半年度安全生产专题报告="年半年度安全生产专题报 告"> 的议案》 董事会审议了公司 EHS 中心提交的《公司 2025 年半年度安全生产专题报告》， 讨论并同意公司 2025 年上半年安全生产工作总结及 2025 年下半年 EHS 重点工 作和目标，全面落实企业安全生产主体责 ...

Core Viewpoint - The Shenzhen Xinzhou Bang Technology Co., Ltd. held its 22nd meeting of the sixth supervisory board, where several key resolutions were passed regarding the company's 2025 semi-annual report, fundraising management, and the increase of expected daily related transactions for 2025 [1][2][3] Group 1: Semi-Annual Report - The supervisory board approved the 2025 semi-annual report and its summary, confirming that the report accurately reflects the company's operational status for the first half of 2025 without any false records or misleading statements [1][2] - The voting result for the semi-annual report was unanimous, with 3 votes in favor and no opposition or abstentions [2] Group 2: Fundraising Management - The supervisory board approved the special report on the management and use of fundraising for the first half of 2025, affirming that the procedures comply with relevant laws and regulations [2] - The report indicated that the use of raised funds was legal and compliant, with no violations found that could harm shareholder interests [2] Group 3: Related Transactions - The supervisory board approved the increase of expected daily related transaction limits for 2025, ensuring that the transactions adhere to principles of openness, fairness, and justice, with pricing based on market rates [2][3] - The voting result for the increase in related transaction limits was also unanimous, with 3 votes in favor and no opposition or abstentions [3]

证券代码：300037 证券简称：新宙邦 公告编号：2025-067 债券代码：123158 债券简称：宙邦转债 深圳新宙邦科技股份有限公司 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。 深圳新宙邦科技股份有限公司（以下简称"公司"）第六届董事会第二十四 次会议决议决定于2025年9月11日（星期四）在深圳市坪山区新宙邦科技大厦16层 会议室召开2025年第二次临时股东大会。 一、召开会议基本情况 第二十四次会议审议通过了《关于召开2025年第二次临时股东大会的议案》， 本次会议的召开程序符合有关法律法规要求以及《公司章程》的规定。 （1）现场会议召开时间：2025年9月11日（星期四）14:00 （2）网络投票时间： 通过深圳证券交易所交易系统进行网络投票的具体时间为2025年9月11日 通过深圳证券交易所互联网投票系统投票的具体时间为2025年9月11日9： （1）现场投票：股东本人出席现场会议或者通过授权委托书（见附件三） 委托他人出席现场会议； （2）网络投票：公司将通过深圳证券交易所交易系统和互联网投票系统 （http://wltp.cninfo. ...

智通财经APP讯，新宙邦(300037.SZ)发布2025年半年度报告，报告期内，公司实现营业收入42.48亿 元，同比增长18.58%。实现归属于上市公司股东的净利润4.84亿元，同比增长16.36%。实现归属于上市 公司股东的扣除非经常性损益的净利润4.66亿元，同比增长8.16%。基本每股收益0.64元。 ...

Group 1 - The core viewpoint of the article is that Shenzhen New Zobon Technology Co., Ltd. reported its financial performance for the first half of 2025, showing growth in revenue and net profit compared to the previous year [1][2] - The company's revenue for the first half of 2025 was 4.248 billion yuan, an increase of 18.58% year-on-year [1] - The net profit attributable to shareholders was 484 million yuan, reflecting a year-on-year growth of 16.36% [1] - The basic earnings per share for the reporting period was 0.64 yuan [1] - The company's gross margin for the first half of 2025 was 25.05%, a decrease of 2.83 percentage points year-on-year [1] - The net profit margin was 11.63%, which is a slight decrease of 0.05 percentage points compared to the same period last year [1] Group 2 - The company's operating expenses for the first half of 2025 amounted to 516 million yuan, an increase of 22.42 million yuan compared to the previous year [2] - The expense ratio was 12.14%, down 1.63 percentage points year-on-year [2] - The main business revenue composition includes battery chemicals (65.19%), organic fluorine chemicals (19.48%), capacitor chemicals (9.77%), semiconductor chemicals (4.69%), and others (0.87%) [2] - The company is classified under the power equipment-battery-battery chemicals sector and is associated with concepts such as CATL, supercapacitors, new energy vehicles, IDC, and BYD [2]

Core Insights - The company reported a revenue of 4.248 billion yuan for the first half of the year, representing a year-on-year growth of 18.58% [1] - The net profit attributable to shareholders was 484 million yuan, an increase from 416 million yuan in the same period last year, reflecting a growth of 16.36% [1] - The basic earnings per share stood at 0.64 yuan [1]

Investment Rating - The report maintains a positive outlook on the chemical sector, emphasizing the value of allocation in this area due to macroeconomic factors and domestic policy changes [3][4]. Core Insights - The report highlights the expected increase in oil supply led by non-OPEC countries and a significant growth in overall supply, while global GDP is projected to maintain a growth rate of 2.8%. However, demand growth for oil may slow due to tariff policies [3][4]. - The anticipated interest rate cuts by the Federal Reserve and domestic anti-involution measures are expected to boost the Producer Price Index (PPI), enhancing the allocation value in the chemical sector. Price increases for titanium dioxide and phosphate fertilizers are noted, with specific companies recommended for investment [3][4]. - The report identifies a recovery in the domestic computing power chain and suggests that companies involved in this sector will benefit from ongoing developments in domestic chip design and AI applications [3][4]. Summary by Sections Industry Dynamics - Oil supply is expected to increase significantly, with non-OPEC countries leading the way. Global GDP growth is stable at 2.8%, but demand growth for oil may face challenges due to tariff impacts. Coal prices are anticipated to stabilize, while natural gas export facilities in the U.S. may reduce import costs [3][4]. Chemical Sector Allocation - The report suggests focusing on the chemical sector due to favorable macroeconomic conditions. Price adjustments in titanium dioxide and phosphate fertilizers are highlighted, with specific companies such as Yuntianhua and Hubei Yihua recommended for investment [3][4]. Investment Analysis - Traditional cyclical stocks and specific segments within the chemical industry are recommended for investment. Companies like Wanhua Chemical and Baofeng Energy are highlighted for their potential growth. The report also emphasizes the importance of monitoring the performance of various chemical products and their pricing trends [3][4][17].

深圳新宙邦科技股份有限公司2025年半年度非经营性资金占用及其他关联资金往来情况汇总表（续） 深圳新宙邦科技股份有限公司 2025年半年度非经营性资金占用及其他关联资金往来情况汇总表 单位：人民币元 | 非经营性资金占用 | 资金占用方名称 | 占用方与上市公司的 | 上市公司核算 | 2025年期初占用 | 2025年半年度占用 累计发生金额 | 2025年半年度 占用资金的利 | 2025年半年度偿还累 | 2025年半年度期 | 占用形成原因 | 占用性质 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 关联关系 | 的会计科目 | 资金余额 | | | 计发生金额 | 末占用资金余额 | | | | | | | | | (不含利息) | 息(如有) | | | | | | 控股股东、实际控制人及其附属企业 | 无 | 不适用 | 不适用 | | | | | | 不适用 | 不适用 | | 前控股股东、实际控制人及其附属企业 | 无 | 不适用 | 不适用 | | | | | | 不适用 | 不适用 ...

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：《公司2025年半年度报告及其摘要》已于2025年8月26日在中国证 监会指定的创业板信息披露网站上披露，敬请投资者注意查阅。 | 证券代码：300037 | 证券简称：新宙邦 | 公告编号：2025-063 | | --- | --- | --- | | 债券代码：123158 | 债券简称：宙邦转债 | | 深圳新宙邦科技股份有限公司 2025年半年度报告披露提示性公告 2025年8月22日，深圳新宙邦科技股份有限公司（以下简称"公司"）召开第 六届董事会第二十四次会议，审议通过了《关于<公司2025年半年度报告及其摘 要>的议案》。为使投资者全面了解公司的财务状况和经营成果，《公司2025年半 年度报告及其摘要》于2025年8月26日在中国证监会指定的创业板信息披露网站 巨潮资讯网（http://www.cninfo.com.cn）上披露。敬请广大投资者注意查阅。 特此公告。 深圳新宙邦科技股份有限公司董事会 2025 年 8 月 26 日 ...