Core Viewpoint - The company, Guangdong Feinan Resource Utilization Co., Ltd., has announced its investment in a new energy materials project, with an estimated total investment of approximately 880 million yuan, aimed at extending its resource recycling product industry chain and enhancing profitability and core competitiveness [14][19][30]. Financial Data - The third quarter financial report for 2025 has been confirmed as true, accurate, and complete by the board of directors, with no significant omissions or misleading statements [2][28]. - The company has not undergone an audit for its third quarter financial report [7]. Shareholder Information - The company has approved a profit distribution plan for 2024, which includes a cash dividend of 1.3 yuan per 10 shares, totaling approximately 52.27 million yuan, and a capital reserve conversion of 4 shares for every 10 shares held [4][5]. Investment Project Overview - The new energy materials project will utilize high ice nickel to produce nickel sulfate and electroplated nickel, with an expected annual output of 10,010.01 tons of electrolytic nickel plates and 45,045.05 tons of refined nickel sulfate [17]. - The project is planned to cover an area of approximately 179 acres and will take about 20 months to complete [18]. Board Meeting Decisions - The board of directors held a meeting on October 28, 2025, where they unanimously approved the investment in the new energy materials project and the third quarter report [27][30].

Core Viewpoint - Feinan Resources plans to invest approximately 880 million yuan in a new energy materials project, which is expected to enhance its product chain and profitability, although it may not significantly impact short-term performance [1][2]. Group 1: Investment and Project Details - The new project will be located in the Shilong Town Industrial Park of Xiangzhou County, covering an area of about 179 acres and will take around 20 months to complete [1]. - The project aims to produce 10,000 tons/year of electrolytic nickel, 45,000 tons/year of refined nickel sulfate, 1,800 tons/year of cathode copper, 1,477.87 tons/year of cobalt sulfate, and 29,300 tons/year of sodium sulfate [1]. Group 2: Financial Performance - In the first three quarters of the year, the company reported revenue of 10.707 billion yuan, a year-on-year increase of 17.15%, and a net profit of 200 million yuan, up 10.72% year-on-year [1]. Group 3: Business Operations and Future Direction - Feinan Resources specializes in hazardous waste disposal and recycling of non-ferrous metals, with a focus on copper waste prior to 2023 [2]. - The company has expanded its operations to include the recycling of multiple metals such as nickel, zinc, tin, gold, silver, and palladium, creating a comprehensive recycling industry chain [2]. - Future plans include enhancing the processing and deep processing of recycled products, increasing the variety of metals processed, and expanding the hazardous waste disposal market to further improve profitability [2].

Core Insights - The company reported a revenue of 10,707,161,911.93 yuan for the first three quarters of 2025, representing a year-on-year growth of 17.15% [2] - The net profit attributable to shareholders of the listed company was 200,314,857.54 yuan, showing a year-on-year increase of 10.72% [2] Financial Performance - Revenue for the first three quarters of 2025 reached approximately 10.71 billion yuan, indicating a strong growth trajectory compared to the previous year [2] - The net profit for the same period was around 200.31 million yuan, reflecting a positive trend in profitability [2]

Core Viewpoint - Feinan Resources (301500) announced plans to invest approximately 880 million yuan in a new energy materials project, which is expected to enhance its product chain and profitability while having no significant short-term impact on its performance [1]. Group 1: Investment Project - The new project will be located in Xiangzhou County, Laibin City, covering an area of about 179 acres, and will produce nickel sulfate, electroplated nickel, copper cathodes, and cobalt sulfate [1]. - The project aims to produce 10,000 tons/year of electrolytic nickel, 45,000 tons/year of refined nickel sulfate, 1,800 tons/year of cathode copper, 1,477.87 tons/year of cobalt sulfate, and 29,300 tons/year of sodium carbonate [1]. - The construction period is estimated to be around 20 months, with the company already proficient in the production processes involved [1]. Group 2: Financial Performance - For the first three quarters of the year, the company reported revenue of 10.707 billion yuan, a year-on-year increase of 17.15%, and a net profit of 200 million yuan, up 10.72% year-on-year [1]. - The company has a hazardous waste processing capacity of 910,600 tons/year as of mid-year, with a subsidiary's license set to expire in May 2025 [2]. Group 3: Resource Recovery and Production - In the first half of the year, the company collected approximately 171,500 tons of hazardous waste and 225,600 tons of other metal materials, achieving high sales rates for various metals [3]. - The company has expanded its resource recovery capabilities to include multiple metals such as copper, nickel, zinc, tin, gold, silver, and palladium, creating a comprehensive recycling industry chain [3]. - Future business development will focus on enhancing the processing and utilization of multiple metals, extending the product chain, and expanding the hazardous waste disposal market [3].

Core Viewpoint - Feinan Resources (301500.SZ) reported a revenue of 10.707 billion yuan for the first three quarters of 2025, reflecting a year-on-year growth of 17.15% [1] - The net profit attributable to shareholders of the listed company was 200 million yuan, an increase of 10.72% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 232 million yuan, showing a decrease of 21.06% year-on-year [1] - The basic earnings per share stood at 0.3577 yuan [1]

Core Viewpoint - Feinan Resources (301500) announced an investment in a new energy materials project to extend its resource product supply chain, with a total investment of approximately 880 million yuan [1] Investment Details - The project will be undertaken by Feinan's wholly-owned subsidiary, Guangxi Feinan, focusing on the production of nickel sulfate and electroplated nickel from high ice nickel [1] - The funding for the project will come from Guangxi Feinan's own and self-raised funds [1] - The company has the flexibility to adjust specific investment content within the total investment limit based on the actual implementation of the project [1]

Group 1 - The core viewpoint of the article highlights the financial performance of Feinan Resources in Q3 2025, showing a revenue increase and a rise in net profit, despite a decrease in basic earnings per share [1] Group 2 - Feinan Resources reported a revenue of approximately 10.707 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 17.15% [1] - The net profit attributable to shareholders was around 200 million yuan, reflecting a year-on-year increase of 10.72% [1] - The basic earnings per share decreased to 0.3577 yuan, which is a year-on-year decline of 20.92% [1] - As of the report, Feinan Resources has a market capitalization of 10 billion yuan [2]

Core Viewpoint - The company plans to invest approximately 880 million yuan in a new energy materials project through its wholly-owned subsidiary, aiming to extend its resource product supply chain [1] Group 1: Investment Details - The total investment for the project is estimated at about 880 million yuan, funded by the subsidiary's own and self-raised funds [1] - The project will utilize high ice nickel to produce nickel sulfate and electrolytic nickel through various processes including leaching, extraction, evaporation crystallization, and electrolysis [2] Group 2: Project Specifications - The planned land area for the project is approximately 179 acres [2] - The production capacity includes 10,010.01 tons/year of electrolytic nickel plates, 45,045.05 tons/year of refined nickel sulfate, 1,800 tons/year of cathode copper, 1,477.87 tons/year of cobalt sulfate, and 29,288.27 tons/year of mirabilite [2] - Key construction components include various processing workshops, purification facilities, and environmental protection measures [2]

证券代码：301500 证券简称：飞南资源 公告编号：2025-064 广东飞南资源利用股份有限公司 关于举行 2025 年第三季度网上业绩说明会的公告 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。 广东飞南资源利用股份有限公司（以下简称公司）2025 年第三季度报告已 于 2025 年 10 月 29 日刊登于巨潮资讯网（http://www.cninfo.com.cn）。为便于 广大投资者更加全面深入地了解公司 2025 年第三季度经营业绩等情况，公司定 于 2025 年 11 月 5 日（星期三）15:00--17:00，在全景网提供的网上互动平台举 办 2025 年第三季度业绩说明会。本次业绩说明会将采用网络远程的方式举行， 投资者可登录全景网"投资者关系互动平台"（https://ir.p5w.net）参与互动 交流。 出席本次业绩说明会的人员有：公司董事长、总经理孙雁军先生，董事、董 事会秘书、财务总监李晓娟女士，独立董事钟敏先生，保荐代表人赵伟先生，具 体以当天实际参会人员为准。 为充分尊重投资者、提升交流的针对性，现就公司业绩说明会提前向投资 ...

广东飞南资源利用股份有限公司 关于全资子公司广西飞南投资建设新能源材料项目的公告 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、本次投资项目的实施尚需向政府有关主管部门办理建设规划许可和施工 许可等前置审批手续，如因政策调整、项目审批等实施条件发生变化，项目实施 可能存在变更、延期或终止的风险。 2、本次投资项目涉及的投资金额、建设周期等为预估数，项目建设及生产 运营尚需要一定的周期，实施进度存在不确定性。 3、本次投资项目预计总投资约 8.8 亿元，资金来源为广东飞南资源利用股 份有限公司（以下简称公司）全资子公司广西飞南资源利用有限公司（以下简称 广西飞南）自有及自筹资金。若资金筹措未顺利到位，可能影响项目实施进度。 证券代码：301500 证券简称：飞南资源 公告编号：2025-063 一、对外投资概述 为进一步延长资源化产品产业链，公司全资子公司广西飞南拟投资建设新能 源材料项目，以广西飞南自产或外购的高冰镍生产硫酸镍、电积镍，预计项目总 投资约 8.8 亿元。本次投资项目的资金来源为广西飞南自有及自筹资金。公司可 根据项目实际实施情 ...