Befar(SH:601678) 起点锂电·2025-10-12 04:40Core Insights - The article discusses the upcoming CINE2025 Solid-State Battery Exhibition and Industry Annual Conference, highlighting its significance in the solid-state battery sector and the participation of numerous exhibitors and sponsors [1][3]. Event Overview - The CINE2025 event is scheduled for November 6-8, 2025, at the Guangzhou Nansha International Convention Center, featuring over 200 exhibitors, 2,000 participating companies, and 20,000 professional attendees [1][11]. - The event will also include the 2025 Qidian Solid-State Battery Golden Ding Award Ceremony and the SSBA Solid-State Battery Industry Alliance Council [1]. Company Developments - Binhu Chemical announced plans to invest approximately 1.421 billion yuan in the Beihai Binhua New Materials Source Network Load Storage Integration Project, which includes 160MW wind power and 100MW solar power facilities, along with a 130MW/260MWh energy storage system [2]. - The project aims to utilize local wind and solar resources to create a diversified and intelligent energy supply system, with a construction period of two years starting from November 30, 2025 [2]. Financial Performance - In the first half of 2025, Binhu Chemical reported a revenue of 7.354 billion yuan, a year-on-year increase of 61.36%, and a net profit attributable to shareholders of 111 million yuan, up 6.01% [3]. - As of June 30, 2025, the company had total assets of approximately 24.594 billion yuan and total liabilities of about 13.157 billion yuan, resulting in a debt-to-asset ratio of 53.49% [3]. Capital Market Activities - Binhu Chemical's board approved a plan for an H-share issuance, aiming to raise funds primarily for green low-carbon upgrades, capacity enhancement, and R&D investments [4]. - The company has appointed KPMG as the auditing firm for the H-share issuance process, which is expected to align with its green transformation and high-end development needs [4].