SUNYES(SZ:002388) Zheng Quan Shi Bao Wang·2026-01-12 14:09Core Viewpoint - New Asia Process has successfully applied for the removal of other risk warnings, becoming the first A-share company to "remove the hat" in 2026, with its stock name changing from "ST New Asia" to "New Asia Process" [1][2] Group 1: Governance and Risk Management - The company completed governance rectification and received approval from the Shenzhen Stock Exchange to remove other risk warnings, indicating that it no longer meets the criteria for such warnings [2] - The stock will be suspended for one day starting January 12, 2026, and will resume trading on January 13, 2026, with a new trading limit of 10% instead of 5% [2] Group 2: Business Performance and Growth Potential - New Asia Process has established a core product matrix focused on electronic adhesives and lithium-ion battery materials, aiming to become a leading provider of new materials and product solutions [3] - In the first three quarters of 2025, the company achieved operating revenue of 1.377 billion yuan, successfully turning a profit compared to 2024 [3] - The company has optimized its customer system and product structure, providing one-stop procurement services to thousands of global enterprises, with Huawei being the largest customer, generating 819 million yuan in sales, accounting for 37.3% of total revenue [3] Group 3: Industry Trends and Strategic Positioning - The lithium battery materials sector has shown signs of recovery since the second half of 2025, with key material prices, such as lithium hexafluorophosphate, increasing by 150% to 200% [4] - New Asia Process has made forward-looking business arrangements in this field, focusing on technology upgrades and product development, particularly in high-end crystal lithium hexafluorophosphate and high-voltage ternary electrolytes [4] - The successful removal of risk warnings is expected to rebuild investor confidence, and the company's long-term development potential is worth further attention, especially in light of growth opportunities in the consumer electronics industry and the ongoing prosperity in lithium materials [4]