Core Viewpoint - The stock price of Xingyuan Material has experienced fluctuations, with a year-to-date increase of 36.09% but a recent decline of 7.26% over the past five trading days [2]. Group 1: Stock Performance - As of October 17, Xingyuan Material's stock price was 13.16 CNY per share, with a market capitalization of 17.741 billion CNY [1]. - The stock has seen a trading volume of 4.28 billion CNY and a turnover rate of 2.62% [1]. - Year-to-date, the stock has increased by 36.09%, but it has decreased by 7.26% in the last five trading days and 9.49% in the last 20 days [2]. Group 2: Financial Performance - For the first half of 2025, Xingyuan Material reported a revenue of 1.898 billion CNY, representing a year-on-year growth of 14.78% [2]. - The net profit attributable to shareholders was 100 million CNY, which reflects a significant year-on-year decrease of 58.53% [2]. - The company's main business revenue is derived from lithium-ion battery separators, accounting for 99.08% of total revenue [2]. Group 3: Shareholder and Dividend Information - Since its A-share listing, Xingyuan Material has distributed a total of 791 million CNY in dividends, with 490 million CNY distributed over the past three years [3]. - As of June 30, 2025, the number of shareholders increased to 115,200, a rise of 26.79% from the previous period [2]. - The average number of circulating shares per shareholder decreased by 21.13% to 10,532 shares [2].

Core Viewpoint - The solid-state battery sector in the A-share market is experiencing a significant surge, driven by advancements in technology and promising applications in electric vehicles and low-altitude economy sectors [1]. Group 1: Market Performance - Jiangte Electric and Fengshan Group reached their daily limit up, while Dongsheng Technology saw an increase of nearly 8% [1]. - Other companies such as Better Ray, Shangtai Technology, and Xingyuan Materials also experienced gains [1]. - The market capitalization and year-to-date performance of key companies in the sector are as follows: - Jiangte Electric: Market Cap 18.3 billion, YTD Gain 44.80% - Fengshan Group: Market Cap 2.857 billion, YTD Gain 91.15% - Dongsheng Technology: Market Cap 37.5 billion, YTD Gain 72.13% - Better Ray: Market Cap 35 billion, YTD Gain 61.11% - Shangtai Technology: Market Cap 21.4 billion, YTD Gain 21.64% [2]. Group 2: Technological Advancements - Chinese scientists have recently made significant progress in solid-state battery technology, overcoming critical challenges in all-solid-state lithium batteries [1]. - The performance of solid-state batteries has seen a leap forward, with the potential to double the range from 500 kilometers to over 1000 kilometers for a 100-kilogram battery [1].

Group 1 - The core viewpoint of the news is that Xingyuan Material has seen a significant increase in stock price, rising by 5.24% to reach 14.05 CNY per share, with a trading volume of 620 million CNY and a turnover rate of 3.77%, resulting in a total market capitalization of 18.854 billion CNY [1] - Xingyuan Material, established on September 17, 2003, and listed on December 1, 2016, is primarily engaged in the research, production, and sales of lithium-ion battery separators, with 99.08% of its revenue coming from this segment [1] - The company is located in Shenzhen, Guangdong Province, and its main office is situated in the Daxin Financial Center, Hong Kong [1] Group 2 - According to data from the top ten holdings of funds, one fund under E Fund has a significant position in Xingyuan Material, with the E Fund ChiNext Mid-cap 200 ETF (159572) holding 649,200 shares, accounting for 1.04% of the fund's net value, ranking as the tenth largest holding [2] - The E Fund ChiNext Mid-cap 200 ETF has a current scale of 792 million CNY and has achieved a year-to-date return of 26.05%, ranking 2049 out of 4218 in its category [2] - The fund has also recorded a one-year return of 33.62%, ranking 1681 out of 3864, and a since inception return of 41.76% [2] Group 3 - The fund manager of the E Fund ChiNext Mid-cap 200 ETF is Li Shujian, who has been in the position for 2 years and 39 days, managing a total asset size of 4.497 billion CNY [3] - During his tenure, the best fund return achieved was 96.93%, while the worst return was -3.08% [3]

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：300568 证券简称：星源材质 公告编号：2025-096 深圳市星源材质科技股份有限公司关于2024年限制性股票激励计划首次授予部分第一个归属期归属结果 暨股份上市公告 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： 3、本次归属股票的上市流通日：2025年10月17日（星期五） 深圳市星源材质科技股份有限公司（以下简称"公司"）于2025年10月10日召开第六届董事会第十九次会 议，审议通过了《关于2024年限制性股票激励计划首次授予部分第一个归属期归属条件成就的议案》。 根据公司《2024年限制性股票激励计划（草案）》（以下简称"激励计划"、"本激励计划"）的有关规定 及公司2024年第一次临时股东大会的授权，公司已为符合条件的47名激励对象办理完成6,232,500股第二 类限制性股票归属事宜。现将相关事项公告如下： 一、本激励计划实施情况概要及已履行的相关审批程序 （一）本激励计划简述 公司激励计划已经2024年9月27日召开的2024年第一次临时股东大会审议通过，主要内容如下 ...

证券代码：300568 证券简称：星源材质 公告编号：2025-096 深圳市星源材质科技股份有限公司 关于 2024 年限制性股票激励计划首次授予部分第一个归属期 归属结果暨股份上市公告 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、本次归属股票人数：47 人 2、本次归属股票数量：6,232,500 股，占目前公司总股本的 0.46% 3、本次归属股票的上市流通日：2025 年 10 月 17 日（星期五） 深圳市星源材质科技股份有限公司（以下简称"公司"）于 2025 年 10 月 10 日召开第六届董事会第十九次会议，审议通过了《关于 2024 年限制性股票激 励计划首次授予部分第一个归属期归属条件成就的议案》。根据公司《2024 年 限制性股票激励计划（草案）》（以下简称"激励计划"、"本激励计划"）的 有关规定及公司 2024 年第一次临时股东大会的授权，公司已为符合条件的 47 名激励对象办理完成 6,232,500 股第二类限制性股票归属事宜。现将相关事项公 告如下： 一、本激励计划实施情况概要及已履行的相关审批程序 （一）本 ...

Investment Rating - The report maintains an "Overweight" rating for the lithium battery industry, expecting the industry index to outperform the market index by over 10% in the next six months [5]. Core Insights - In September 2025, the production and sales of new energy vehicles (NEVs) reached historical highs, with production and sales of 1.617 million and 1.604 million units respectively, representing year-on-year growth of 23.7% and 24.6%, and month-on-month growth of 16.25% and 14.98% [4]. - The penetration rate of NEVs in September was 49.7%, up 0.9 percentage points month-on-month, while the year-to-date penetration rate was 46.1% [4]. - Battery sales also saw significant growth, with total battery production reaching 151.2 GWh in September, a month-on-month increase of 8.3% and a year-on-year increase of 35.4% [4]. - The report highlights strong demand for energy storage in both domestic and international markets, with leading battery companies operating at full capacity [4]. Summary by Sections New Energy Vehicle Market - In September 2025, NEV sales reached 1.604 million units, with pure electric vehicle sales at 1.058 million units, showing a year-on-year increase of 36.4% [4]. - Year-to-date NEV sales totaled 11.224 million units, with pure electric vehicles accounting for 7.22 million units, reflecting a year-on-year growth of 44.7% [4]. Battery Production and Sales - In September, the total battery sales were 146.5 GWh, with power batteries accounting for 110.5 GWh, representing 75.5% of total sales [4]. - The report notes that the export of batteries in September was 26.7 GWh, with power batteries making up 17.6 GWh of that total [4]. Investment Recommendations - The report suggests focusing on leading companies in the lithium battery supply chain, particularly those with technological and production advantages in solid-state electrolytes and new materials [4]. - Key companies to watch include CATL, EVE Energy, and others that are actively developing solid-state battery technologies [4].

机构持仓方面，截止2025年6月30日，星源材质十大流通股东中，香港中央结算有限公司位居第二大流通股东，持股1512.84万股，相比上期减少112.84万股。南方中证1000ETF（512100） 主要概念：固态电池+钠离子电池+宁德时代概念+锂电池概念+比亚迪概念 3、公司隔膜产品目前已通过宁德时代的相关测试和审核，并已向宁德时代小批量出货，合作产品是公司为宁德时代定制的具有特殊性能的隔膜新产品 1、2025年2月12日调研活动信息：公司在固态电池领域布局全面，参股公司深圳新源邦科技有限公司的氧化物电解质已实现量产，硫化物和聚合物电解质则处于小批量供应阶段。 4、公司专注于锂离子电池隔膜的研发和制造，同时具备隔膜干法、湿法、涂覆的自主研发能力以及雄厚的隔膜技术储备。公司主要客户已涵盖韩国LG化学、宁德时代、三星SDI、比亚迪、国轩 5、2023年5月30日互动易，比亚迪是公司的主要客户之一，公司已陆续为宁德时代、比亚迪、国轩高科、中创新航、LG化学、三星 SDI、日本村田等国内外领先的锂离子电池厂商提供了具有 责任编辑：常福强 近日，星源材质收到证监会关于本次境外上市的备案反馈意见，具体反馈如下，请你公司补 ...

Core Viewpoint - The company held its 19th meeting of the 6th Board of Directors on October 10, 2025, where several key resolutions regarding the 2024 Restricted Stock Incentive Plan were passed, including adjustments to the grant price and the status of stock allocations for eligible participants [2][3][35]. Group 1: Board Meeting Details - The meeting was conducted via telecommunication, with all 7 directors present, and complied with relevant laws and regulations [2]. - The meeting was a temporary session, and notifications were sent to all directors and senior management prior to the meeting [2]. Group 2: Resolutions Passed - The board approved the adjustment of the initial grant price for the 2024 Restricted Stock Incentive Plan from 3.75 yuan to 3.70 yuan per share due to a cash dividend distribution [3][16]. - The board confirmed that the conditions for the first vesting period of the incentive plan had been met, allowing for the allocation of 6,232,500 shares to 47 eligible participants [6][25]. - The board agreed to void 165,000 shares of restricted stock that were granted but not vested due to the departure of 3 participants [9][45]. Group 3: Impact of Adjustments - The adjustment of the grant price is in accordance with the relevant regulations and will not materially affect the company's financial status or operational results [17][36]. - The company will continue to uphold its responsibilities to create value for shareholders despite the adjustments made to the incentive plan [49]. Group 4: Legal and Compliance - The adjustments and actions taken by the board have received the necessary approvals and are in compliance with the relevant laws and regulations [19][51]. - Legal opinions confirm that the adjustments to the incentive plan and the voiding of unvested shares are valid and do not harm the interests of the company or its shareholders [42][51].

每经AI快讯，星源材质（SZ 300568，收盘价：14.19元）10月10日晚间发布公告称，公司第六届第十九 次董事会临时会议于2025年10月10日在公司会议室以通讯表决方式召开。会议审议了《关于调整2024年 限制性股票激励计划首次授予价格的议案》等文件。 2025年1至6月份，星源材质的营业收入构成为：锂离子电池隔膜占比99.08%，其他业务占比0.92%。 （记者 王晓波） 截至发稿，星源材质市值为190亿元。 每经头条（nbdtoutiao）——天水麻辣烫、淄博烧烤、荣昌卤鹅⋯⋯"泼天流量"退去后，这些城市怎么 样了？ ...

北京市中伦（深圳）律师事务所 关于深圳市星源材质科技股份有限公司 2024 年限制性股票激励计划调整首次授予价格、作废 部分已授予但尚未归属限制性股票及首次授予部分 第一个归属期归属条件成就事项的 法律意见书 $$\Xi\,{\cal O}\,{\underline{{{-\,}}}}\,\,\rlap{{\cal H}}\,\rlap{{\cal H}}\,\rlap{{\cal H}}\,\rlap{{\cal H}}+{\cal H}$$ 北京 • 上海 • 深圳 • 广州 • 武汉 • 成都 • 重庆 • 青岛 • 杭州 • 南京 • 海口 • 东京 • 香港 • 伦敦 • 纽约 • 洛杉矶 • 旧金山 • 阿拉木图 Beijing • Shanghai • Shenzhen • Guangzhou • Wuhan • Chengdu • Chongqing • Qingdao • Hangzhou • Nanjing • Haikou • Tokyo • Hong Kong • London • New York • Los Angeles • San Francisco • Almaty 法律意见 ...