Group 1 - The chemical sector experienced fluctuations on September 11, with the chemical ETF (516020) showing a slight decline of 0.14% as of the report time [1] - Certain stocks within the chemical sector, such as lithium battery and synthetic resin companies, saw significant gains, with Lianhong Xinke hitting the daily limit and Enjie shares rising nearly 6% [1] - Conversely, stocks in the phosphate fertilizer, petrochemical, and nitrogen fertilizer sectors underperformed, with Hongda shares dropping over 2% [1] Group 2 - The chemical ETF (516020) has attracted substantial investment, with a total inflow of 560 million yuan over the past five trading days and over 1 billion yuan in the last ten trading days [1] - The pesticide industry is experiencing a reduction in inventory, with the total inventory-to-asset ratio for the pesticide sector at 13.94% as of June 30, 2025, down 0.12 percentage points from March 31 [3] - The chemical ETF's underlying index has a price-to-book ratio of 2.26, indicating a relatively low valuation compared to the past decade, suggesting a favorable long-term investment opportunity [3] Group 3 - Future policies are expected to address industry challenges, potentially leading to a recovery in the currently struggling chemical sector [4] - Domestic policies frequently mention supply-side requirements, while international factors such as rising raw material costs and capacity reductions in Europe and the U.S. add uncertainty to chemical supply [5] - The chemical ETF (516020) provides a diversified investment approach, covering various sub-sectors within the chemical industry, with nearly 50% of its holdings in large-cap stocks [5]

Group 1 - The chemical sector experienced a pullback on September 10, with the Chemical ETF (516020) dropping by 1.34% at closing, after a decline of 2.67% during the day [1][2] - Key stocks in the sector, such as Junzheng Group and Jinfat Technology, saw declines exceeding 4%, while Tianqi Materials and Luxi Chemical fell over 3% [1][2] - Despite the pullback, the chemical sector has shown strong performance recently, benefiting from the "anti-involution" trend, with the Chemical ETF index rising by 23.48% since July, outperforming major indices like the Shanghai Composite Index and CSI 300 [3][4] Group 2 - The Producer Price Index (PPI) data released by the National Bureau of Statistics indicated a halt in the decline, with a month-on-month change of 0% and a year-on-year decrease of 2.9%, marking the first narrowing of the decline since March [4] - Analysts suggest that the "anti-involution" policy may reshape the Chinese chemical industry, potentially leading to a significant slowdown in global chemical capacity expansion [5][6] - The valuation of the Chemical ETF remains low, with a price-to-book ratio of 2.3, indicating a favorable long-term investment opportunity [7] Group 3 - Future policies are expected to address industry pain points, which could help the chemical sector recover from its current downturn [8] - The Chinese chemical industry is positioned to fill gaps in the international supply chain due to its competitive advantages in cost and technology [8] - The Chemical ETF (516020) provides a diversified investment opportunity across various segments of the chemical industry, with significant holdings in large-cap stocks [8]

Investment Rating - The report maintains a "Buy" rating for the company [9] Core Insights - The company reported a steady year-on-year growth in performance, with a revenue of 4.25 billion yuan in the first half of 2025, representing an 18.6% increase year-on-year. The net profit attributable to shareholders was 480 million yuan, up 16.4% year-on-year, and the net profit after deducting non-recurring gains and losses was 470 million yuan, reflecting an 8.2% increase year-on-year [2][6] - The organic fluorine chemical segment is expected to drive long-term growth, with a revenue of 720 million yuan in the first half of 2025, showing a 1.4% year-on-year increase and a gross margin of 62.8%. The electronic information chemicals segment achieved a revenue of 680 million yuan, up 25.2% year-on-year, with a gross margin of 47.8% [12][12] - The company has implemented a global and integrated supply chain layout for battery chemicals, with 10 global production bases established by June 2025, enhancing customer stickiness and providing a solid foundation for stable development [12][12] - The company has launched a stock incentive plan for 2025, with performance targets set for net profits of 1.1 billion, 1.4 billion, and 1.8 billion yuan for the years 2025 to 2027 [12][12] - The company is expected to achieve net profits of 1.2 billion, 1.46 billion, and 1.86 billion yuan from 2025 to 2027, indicating a strong growth trajectory [12][12] Financial Summary - In the second quarter of 2025, the company achieved a revenue of 2.25 billion yuan, a year-on-year increase of 8.6% and a quarter-on-quarter increase of 12.2%. The net profit attributable to shareholders was 250 million yuan, up 1.3% year-on-year and 10.5% quarter-on-quarter [2][6] - The gross margin for Q2 2025 was 25.5%, a decrease of 2.9 percentage points year-on-year but an increase of 0.9 percentage points quarter-on-quarter. The net profit margin was 11.7%, down 0.7 percentage points year-on-year but up 0.1 percentage points quarter-on-quarter [12][12] - The company’s total revenue is projected to reach 9.21 billion yuan in 2025, with a gross profit of 2.40 billion yuan, maintaining a gross margin of 26% [17]

证券日报网讯新宙邦9月9日在互动平台回答投资者提问时表示，公司始终秉持开放合作的态度，致力于 与产业链上下游伙伴，及电池材料伙伴协同创新，共建健康、可持续的产业生态。目前，公司已累计布 局相关专利超百项，该项技术在ICT产业链已广泛应用。同时，公司也高度重视知识产权的保护与价值 转化，已就该技术与动力及储能行业头部企业展开合作探讨，推动技术向更广阔的能源应用场景延伸。 未来，公司将继续深化关键材料研发，为新能源汽车、储能电站、消费电子等领域提供更安全、高效、 绿色的解决方案，助力全球能源转型。同时，公司也会持续关注、布局及加固各项新技术和固态电池领 域的有机融合，实现技术产业融合的协同效应。 （文章来源：证券日报） ...

格隆汇9月9日丨新宙邦(300037.SZ)在互动平台表示，公司凭借在氟化液领域强技术积累和充足产能保 障，已与众多全球主流客户建立合作关系并持续交付中，公司氟化液产品现有产能规模完全可以有效支 撑下游客户的合作订单交付。 ...

| 代码 | 名称 | | 涨幅% ↑ | 总市值 | 年初至今涨幅% | | --- | --- | --- | --- | --- | --- | | 835237 | 力佳科技 | 1 | -7.27 | 25.36亿 | 72.14 | | 836871 | 派特尔 | 1 | -6.57 | 17.29亿 | 103.71 | | 301326 | 捷邦科技 | 1 | -6.49 | 76.23亿 | 43.91 | | 688638 | 誉辰智能 | 1 | -5.81 | 25.98亿 | 65.68 | | 603051 | 鹿山新材 | 者 | -5.58 | 36.55亿 | 47.44 | | 300035 | 中科电气 | | -5.58 | 152亿 | 50.96 | | 300457 | 赢合科技 | | -5.11 | 182亿 | 47.46 | | 300584 | 海辰药业 | 1 | -4.99 | 88.79亿 | 268.09 | | 688063 | 派能科技 | 第 | -4.94 | 144亿 | 48.14 | | 002882 | 金龙羽 | 策 | - ...

（文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：董秘您好！之前您回复"公司已建立全体系固态电解质 材料研发、测试及生产平台，并已实现百吨级稳定生产和产品交付，客户反馈良好。"请问：1、公司生 产和交付百吨级固态电解质是氧化物、硫化物、卤化物、聚合物中哪种占比较高？2、在不影响保密协 议的前提下请向投资者介绍固态电解质产品交付销售给哪些客户？ 新宙邦（300037.SZ）9月9日在投资者互动平台表示，公司在固态电解质领域的研究投入多年，公司的 参股公司深圳新源邦科技有限公司已构建覆盖氧化物、硫化物、聚合物等主流技术路线的研发和生产能 力，目前，氧化物电解质的技术成熟度和产业化进度最为领先，已实现批量生产并销售，相应占比最 高。同时，公司在硫化物和聚合物电解质体系上也进行了相应的技术储备和生产布局，以满足不同客户 和未来技术路线的多元化需求。公司会紧跟市场需求和技术发展趋势，动态调整产品结构。目前，公司 与客户签订的协议中通常包含保密条款，未经客户许可，不便透露具体客户名称及详细的业务细节，敬 请谅解。 ...

核心观点 电子信息化学品业务稳健发展。公司电子信息化学品业务2025 上半年实现营收6.8 亿元，同比+25%， 2025 年上半年随着电子信息化学品行业景气度逐渐回升，终端需求增加以及工业自动化、新能源等新 兴领域快速发展带动电子信息化学品需求增加，我们估算公司该业务上半年贡献利润约0.8-1 亿元。预 计2025 全年贡献约2 亿元利润。 风险提示：海外市场开拓不及预期；下游需求不及预期；行业竞争加剧。 投资建议：下调盈利预测，维持"优于大市"评级。考虑公司海德福工厂整体处于产能爬坡阶段，业绩贡 献仍处于亏损收窄阶段。我们下调公司2025-2027 年盈利预测至11.13/13.57/16.84 亿元（原2025-2026 预 测为13.61/15.79 亿元），同比+18%/+22%/+24%。当前股价对应PE 分别为32/26/21倍，维持"优于大 市"评级。 2025Q2 实现归母净利润2.54 亿元，同比+1%，环比+10%。公司2025 上半年实现营收42.5 亿元，同比 +18.6%，实现归母净利润4.8 亿元，同比+16.4%，2025 上半年毛利率25%，同比-2.8pct，净利率 11. ...

2、会议召集人：公司第六届董事会 3、会议召开的合法、合规性：公司于2025年8月22日召开的第六届董事会第二 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。 4、会议召开的日期、时间 （1）现场会议召开时间：2025年9月11日（星期四）14:00 | 证券代码：300037 | 证券简称：新宙邦 | 公告编号：2025-068 | | --- | --- | --- | | 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 关于召开2025年第二次临时股东大会的提示性公告 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。 深圳新宙邦科技股份有限公司（以下简称"公司"）于2025年8月26日在巨潮资 讯网（http://www.cninfo.com.cn）上刊登了《关于召开2025年第二次临时股东大会的 通知》（公告编号：2025-067），定于2025年9月11日召开公司2025年第二次临时股 东大会，本次会议将采取现场投票与网络投票相结合 ...

Core Viewpoint - The development of advanced manufacturing clusters in China is a strategic initiative aimed at fostering innovation and collaboration among enterprises and institutions within specific regions, enhancing the overall competitiveness of the manufacturing sector [1][3][9] Group 1: Definition and Characteristics of Advanced Manufacturing Clusters - Advanced manufacturing clusters are defined as networked industrial organizations where enterprises and institutions closely collaborate within a specific advanced manufacturing field [1] - The cultivation of these clusters involves selecting and incentivizing "leading" enterprises, establishing dynamic databases for these enterprises, and encouraging data sharing and platform empowerment [1][2] - The approach to developing these clusters is based on both top-down selection by the Ministry of Industry and Information Technology (MIIT) and bottom-up growth from existing industrial foundations [2][3] Group 2: Government and Policy Support - The MIIT's recognition of "national advanced manufacturing clusters" comes with central financial support, leading local governments to view them as policy dividends and tools for GDP growth [2] - Local governments often appoint a "chain leader" to oversee the cluster, providing guarantees to banks and facilitating funding, talent, and land for key industries [2] - The establishment of cluster governance signifies a shift towards a collaborative rule-making process involving multiple stakeholders rather than a purely government-driven initiative [3] Group 3: Case Study of Shenzhen's Advanced Battery Materials Cluster - Shenzhen has developed a closed-loop ecosystem for battery production, encompassing materials, cells, equipment, and recycling, positioning it as a global leader in battery technology innovation [4][6] - The entrepreneurial environment in Shenzhen is robust, with a collaborative spirit among numerous private enterprises, leading to significant advancements in battery technology [6] - The Shenzhen advanced battery materials cluster exemplifies the importance of a conducive innovation and entrepreneurial environment in fostering industry growth [6][7] Group 4: Innovation Ecosystem and Competitive Advantage - The innovation ecosystem in Shenzhen has enabled the advanced battery materials cluster to maintain international competitive advantages, characterized by a diverse and densely interconnected network of stakeholders [7][8] - The concept of "critical mass" is essential for understanding how innovation clusters achieve self-reinforcement and exceptional competitiveness in specific industries [7][8] - Advanced manufacturing clusters are seen as place-based innovation strategies that facilitate resource mobility and collaboration among startups, supporting entrepreneurship and technological innovation [8][9] Group 5: Future Considerations - While there are unique experiences in cultivating advanced manufacturing clusters in China, fundamental questions about the necessity and key factors for their development remain to be explored [9]