Shida Shinghwa Advanced Material(SH:603026) 申万宏源证券上海北京西路营业部·2025-08-25 02:44Core Viewpoint - The company successfully completed a private placement of A-shares, raising a total of 1 billion yuan to enhance its competitive edge in the new energy materials sector [1][3]. Group 1: Company Overview - Shida Shenghua is a leading enterprise in the lithium battery electrolyte solvent field in China, focusing on carbonate series solvents, electrolyte additives, and other fine chemical materials [3]. - The company has established a comprehensive networked industrial chain centered on lithium battery materials, including carbonate solvents, solutes, additives, and silicon-based anodes [3]. Group 2: Fundraising Purpose - The raised funds will be allocated to projects including a 220,000 tons/year lithium battery materials production and R&D integration project, a 100,000 tons/year liquid lithium salt project, and a 11,000 tons/year additive project, as well as to supplement working capital [3]. - These projects aim to enhance the company's core business, accelerate the release of key production capacity, and strengthen its comprehensive competitiveness and risk resistance in the new energy materials field [3]. Group 3: Underwriting and Support - Shenwan Hongyuan Securities acted as the sponsor and joint lead underwriter for the issuance, emphasizing professional service and value creation [5]. - The underwriting firm effectively managed the project execution process, optimizing issuance strategies and ensuring smooth completion of the issuance despite high regulatory communication and cautious investor sentiment [5].