ZYNM(SH:603527) Jing Ji Guan Cha Wang·2026-02-12 09:29Company Performance - The company announced a significant decrease in net profit for the fiscal year 2025, expected to be between 52 million to 71 million yuan, representing a year-on-year decline of 44.22% to 59.15% [2] - The decline in performance is attributed to the incomplete scale effect of new project investments, rising depreciation costs, and intensified industry competition [2] Financial Situation - On February 6, 2026, the company's stock price increased by 2.09% to 10.77 yuan per share, but there was a net outflow of 2.9825 million yuan in principal funds [3] - Year-to-date, the stock price has decreased by 2.89%, with a 5-day decline of 5.11% [3] - The capital flow indicates a divergence in short-term market sentiment, potentially related to sector rotation or individual stock valuation adjustments [3] Industry Policy Context - The company's main business involves materials such as copper strips and aluminum foils, with a focus on solid-state batteries and new energy vehicles [4] - The lithium battery materials industry is moving towards high-end and low-carbon development, with policy drivers like the EU's "New Battery Law" potentially impacting supply chain standards [4] - Although the company’s subsidiary products can be applied to lithium battery collectors, it has explicitly stated that it does not engage in the composite collector field [4] - The progress of new project launches and the commercialization of technologies, such as solid-state battery materials, are areas to watch [4]