泰坦股份固态电池项目进展引关注，可转债转股及募投项目延期

Recent Events - The solid-state battery electrolyte project of Titan Co., Ltd. has become a market focus, with equipment installation and personnel training progressing smoothly, indicating the company's strategic positioning in the new energy sector, which led to a stock price surge on February 5 [1] Company Status - As of December 31, 2025, a total of 3.6016 million yuan of "Titan Convertible Bonds" have been converted into company shares, accounting for 0.125% of the total share capital before conversion. Approximately 292 million yuan of convertible bonds remain unconverted, representing 98.78% of the total issuance, which may impact the company's equity in the future [2] - The board of directors has approved an extension for the "Hangzhou R&D Center Construction Project" to reach its intended usable state from November 2025 to May 2026, citing external environmental factors and a prudent investment strategy as reasons for the delay [2] Performance and Operating Conditions - For the first three quarters of 2025, the company's operating revenue was 1.031 billion yuan, a year-on-year decrease of 16.26%, while the net profit attributable to shareholders was 42.1187 million yuan, down 47.94% year-on-year, indicating a significant decline in performance that investors should monitor [3]