9月25日，德石股份跌1.72%，成交额3929.37万元。两融数据显示，当日德石股份获融资买入额355.44 万元，融资偿还339.43万元，融资净买入16.01万元。截至9月25日，德石股份融资融券余额合计9681.33 万元。 截至9月10日，德石股份股东户数1.43万，较上期减少0.33%；人均流通股10214股，较上期增加0.33%。 2025年1月-6月，德石股份实现营业收入2.77亿元，同比增长26.60%；归母净利润4516.72万元，同比增 长29.24%。 分红方面，德石股份A股上市后累计派现1.33亿元。近三年，累计派现1.15亿元。 机构持仓方面，截止2025年6月30日，德石股份十大流通股东中，中信保诚多策略混合(LOF)A （165531）位居第七大流通股东，持股67.74万股，为新进股东。 责任编辑：小浪快报 融资方面，德石股份当日融资买入355.44万元。当前融资余额9681.33万元，占流通市值的3.63%，融资 余额超过近一年70%分位水平，处于较高位。 融券方面，德石股份9月25日融券偿还0.00股，融券卖出0.00股，按当日收盘价计算，卖出金额0.00元； 融券余量0. ...

证券代码：301158 证券简称：德石股份 公告编号：2025-040 德州联合石油科技股份有限公司 关于公司董事、高级管理人员股份减持计划时间届满 暨减持股份结果的公告 公司董事、副总经理王继平先生，副总经理、董事会秘书王海斌先生保证向本 公司提供的信息内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 德州联合石油科技股份有限公司（以下简称"公司"）于 2025 年 5 月 27 日 在巨潮资讯网（http://www.cninfo.com.cn）上披露了《关于公司董事、高级管 理人员减持股份的预披露公告》（公告编号：2025-027），公司董事、副总经理王 继平先生计划在上述减持公告披露之日起 15 个交易日后的 3 个月内（窗口期除 外）以集中竞价或大宗交易的方式减持公司股份 180,048 股（占公司剔除回购专 户股份数后总股本的 0.1215%），公司副总经理、董事会秘书王海斌先生计划在上 述减持公告披露之日起 15 个交易日后的 3 个月内（窗口期除外）以集中竞价或 大宗交易的方式减持公司股份 409,313 股（占公司 ...

德石股份回复：您好，根据公司2024年年度报告，全球经济发展对石油、天然气持续开采保持刚性需 求，《BP世界能源展望（2020）》预计，随着新兴国家的不断繁荣和生活水平的提升，全球能源需求 将会持续增长，预计到2050年化石能源仍将在能源消费结构中占据重要地位，这将为石油、天然气勘探 开发投资规模的持续增长提供有力支撑。随着易采掘油气储量的逐步减少，油气公司开始投入大量资金 加强对老油井的再开采，加大深海深地油气井的投入，增加页岩油气等非常规油气的开采，因此，油气 公司对高性能井下工具及设备的需求也将有很大提升，驱动油气钻采井下工具及设备的需求同步日益增 长，油气钻采井下工具及设备行业长期发展趋势良好。谢谢！ 证券之星消息，德石股份(301158)09月17日在投资者关系平台上答复投资者关心的问题。 投资者提问：您好！想请教您几个问题：公司当前主业（钻井工具）的市场规模是否仍有较大拓展空 间？在行业竞争中，公司相比同行有哪些独特优势，目前的市场份额是否处于提升趋势？后续主业在销 量、技术升级等方面是否有明确的增量计划？此外，公司在新业务或新兴产业布局上是否已有积极进 展，这些布局对未来业绩增长是否有望形成有力 ...

Group 1 - The company has expanded its financing channels after going public, which has enhanced its research and production capabilities [2] - The implementation of fundraising projects has contributed to the continuous growth of the company's operating performance post-listing [2]

Core Viewpoint - 德石股份 has a strong R&D and production capability in the field of screw drill tools, with a diverse range of products and significant pending orders for delivery [1][2] Group 1: Product Offering - The company manufactures screw drill tools suitable for well diameters ranging from 1-7/8″ to 26″, with a total of 31 specifications based on outer diameter from Φ38 to Φ305 [1] - The products include various structural styles such as equal wall thickness, straight body, single bend, and adjustable angle at the wellhead, catering to different temperature and mud medium conditions [1] Group 2: Pricing and Orders - The sales price of screw drill tools ranges from 12,000 yuan to 400,000 yuan per unit [1] - The company has 2,800 screw drill tools pending delivery, which includes both sales and rental orders, with actual revenue recognized upon delivery or completion of rental usage [1] Group 3: Production Capacity - As of September 10, 2025, all production lines are operating at full capacity to produce screw drill tools [2] - The company has secured contracts for screw drill tools priced at 422,000 yuan per set, indicating a focus on higher-end products [2]

Summary of Key Points from the Conference Call Industry Overview - The report focuses on the **battery materials sector** and provides insights into the **battery market dynamics** as of September 2025, particularly in China [4][5]. Core Insights and Arguments - **Battery Price Expectations**: There is caution regarding sustained price increases in the battery market despite short-term tightness. Seasonal strengths may lead to temporary price rebounds, but a sustainable price hike is deemed unlikely due to expected seasonal weakness in Q1 2026 and a balanced supply-demand dynamic [4][6]. - **Earnings Sensitivity**: A sensitivity analysis indicates that a 10% price increase in batteries could result in a 30%-60% earnings upside for 2026 estimates. Companies like Gotion, CALB, and EVE Energy are noted to be more sensitive to battery price hikes [6]. - **Recent Earnings Reviews**: - **CATL**: 2Q25 earnings exceeded expectations, but the battery unit gross profit profile was mixed. The recommendation is to maintain a Buy on A-Shares and downgrade H-Shares to Neutral due to valuation concerns [6]. - **Gotion**: 2Q25 results missed expectations due to one-off items, but the recommendation remains a Buy with a raised target price reflecting strong volume trends and operational efficiency [6]. - **EVE Energy**: 2Q25 earnings missed due to one-off expenses, but unit gross profit beat expectations due to product mix upgrades. The recommendation is Neutral on valuation [6]. - **CALB**: 1H25 earnings beat expectations due to volume strength, maintaining a Neutral rating with a higher target price [6]. - **Farasis**: 2Q25 results were below expectations due to volume misses and new plant ramp-up issues, maintaining a Sell rating [6]. - **Hunan Yuneng**: Strong 2Q25 results affirming sector inflection, maintaining a Buy rating due to improving bargaining power [6]. - **Dynanonic**: Missed both volume and profitability targets, downgraded to Sell from Neutral due to marginalization risks [6]. Additional Important Insights - **Supply Chain Utilization Trends**: The report includes month-over-month changes in supply chain utilization for various battery components, indicating a general upward trend in utilization rates across cathodes, anodes, separators, and electrolytes [8][9]. - **Export Trends**: The report highlights significant growth in battery exports, particularly in Li-ion batteries, with a notable increase in export volumes and unit prices for various battery components [57][58]. - **Market Dynamics**: The report emphasizes the competitive landscape among major players in the battery materials sector, including CATL, BYD, and CALB, and their respective market shares and growth trajectories [39][40]. This summary encapsulates the critical insights and data points from the conference call, providing a comprehensive overview of the current state and future outlook of the battery materials industry.

证券日报网讯德石股份（301158）9月12日在互动平台回答投资者提问时表示，截至2025年9月10日，公 司股东总户数为14345户。 ...

证券代码：301158 证券简称：德石股份 德州联合石油科技股份有限公司 投资者关系活动记录表 编号：2025-005 投资者关系活动 类别 特定对象调研 □分析师会议 □媒体采访 □业绩说明会 □新闻发布会 □路演活动 现场参观 □电话会议 □其他： 参与单位名称 及人员 国新证券：王建忠 王广泽 国新资本：孙一夫 亚历山大智能科技有限公司:周军 孟广辉 杨桂林 国新综改基金：曲富城 美银投资：祁志广 融信慧投投资：李新华 个人投资者 4 人 时间 2025 年 9 月 10 日 10:00-16:30 地点 公司三楼办公室 公司接待人员 姓名 董事长、总经理 程贵华 副总经理、董事会秘书 王海斌 证券事务代表 张峰 投资者关系活动 主要内容介绍 一、 公司基本情况介绍 二、 互动交流内容 1、公司在细分行业中是否有并购、注入优质资产，做大做强的计划？ 答：公司始终致力于提升企业价值并为股东创造长期稳定的回报，我们 认为目前资本市场支持的并购重组也是助推公司高质量发展的方式之一， 公司在做好石油钻采井下工具及装备主业的同时，也在积极寻找第二增长 曲线，公司着重关注新兴经济领域，围绕新质生产力方向寻求投资或并 ...

Group 1 - The event "Rational Investment Accompanies Me" was held by Guoxin Securities Shandong Branch, focusing on the company Deshi Co., Ltd. (301158) listed on the ChiNext board [2] - Deshi Co., Ltd. was established in 1961 and transitioned to a private enterprise in 2004, with a focus on oil and gas equipment and a stable performance since its listing in 2022 [2] - The company expects revenue and profit growth in Q4, with over 2,800 rod drilling tools pending delivery [2] Group 2 - Artificial intelligence and smart transformation were key discussion points, with a focus on the "Jumang" robot operating system developed by Shandong Alexander Intelligent Technology Co., Ltd. [3] - Deshi Co., Ltd. is advancing automation and digital transformation in oil and gas, with expected revenue from automated equipment applications in Daqing and Xinjiang exceeding 30 million yuan [3] - The company is implementing digital technologies in product automation and production process automation [3] Group 3 - Talent cultivation is crucial for industry development, with Deshi Co., Ltd. exploring partnerships with educational institutions for targeted training programs [4] - The company is looking for investment or acquisition opportunities in emerging economic sectors, focusing on new production capabilities [4] - A site visit to Deshi Co., Ltd.'s exhibition hall and production area was conducted, followed by discussions on macroeconomic conditions and industry trends [4]

证券日报网讯德石股份（301158）9月5日在互动平台回答投资者提问时表示，截至2025年8月29日，公 司股东总户数为14392户。 ...