血液制品 企业 卫光生物 （002880.SZ）定增事项迎来新进展。 10月12日晚间，卫光生物发布公告称，公司收到深交所通知，公司定增事项获得受理。 长江商报记者注意到，3年前，公司曾计划定增募资10.87亿元扩产，然而过会后迟迟未能落地，最终批 文失效。上市8年以来，卫光生物仅通过IPO募资6.78亿元。 本次定增，卫光生物拟募集资金15亿元扩产，建设1200吨/年血液制品智能工厂。公司称，现有产能升 级空间极其有限，新品研发持续提速，急需新建工厂拓展产能。项目落地后，公司产能将实现大跃升， 迈入千吨级，不过，后续能否消化面临考验。 拟募资突破产能瓶颈 2025年上半年，卫光生物的人血白蛋白和免疫球蛋白实现营业收入分别为1.93亿元、1.87亿元，营收占 比分别为37.32%、36.1%，是贡献公司营收的两大产品。 2017年上市后，卫光生物共有两次定增事项，一次因批复到期失效未能完成融资，一次正在进行中。 根据募集说明书，卫光生物本次定增，拟向不超过35名特定对象发行股票不超过4536万股，预计募集资 金总额不超过15亿元（含）。其中，公司拟使用募集资金12亿元投资卫光生物智能产业基地项目，占融 资金额 ...

文|新消费财研社 近日，华西证券揭开了剑南春一次耐人寻味的资本动作。 这家持股25年的元老级股东，计划通过集中竞价与大宗交易减持不超过2625万股。以当日9.71元/股的收盘价计算，此 次剑南春套现规模约2.55亿元。减持后，其持股比例将从6.79%降至5.79%，仍保留第四大股东席位。 图片来源：华西证券公告 "流动资金需求"的官方表述背后，折剑南春罕见的财务紧张信号。 作为华西证券的发起人股东，剑南春25年未动过这笔金融资产，而此次减持恰逢多重资金压力叠加期。一边是砸重金 扩产重回高光的雄心，一边近年来业绩增速放缓带来的现金流压力。剑南春这场看似常规的资本操作，也折"茅五 剑"时代幸存者在白酒行业新格局下的生存困境。 新消费财研社关注到，剑南春这一减持计划在华西证券业绩爆发之际。2025年上半年，华西证券净利润同比增幅高达 1195.02%，成为券商板块的一匹黑马。 从历史渊源来看，剑南春与华西证券的股权关系可追溯到2000年。在华西证券宣告成立之际，剑南春便作为发起人之 一出资8000万元。此后经历增资扩股和上市稀释，持股比例定格在6.79%。 回看过往，华西证券上市以来，无论市场如何波动，剑南春始终未 ...

以下文章来源于证券之星 ，作者陆雯燕 证券之星 . 证券之星始创于1996年，是国内领先的金融信息及综合服务平台。关注证券之星，即时获取有价值的财经资讯。 来源|证券之星 作者|陆雯燕 10月10日，电池板块遭遇大幅调整，国轩高科(002074.SZ)高开低走，最终以跌停收盘，报44.39元/股，总市值805亿元。年初至今，国轩高科股 价整体处于上行通道，但股价表现难以掩盖公司经营面高增长与高隐忧并存的复杂局面。 证券之星注意到，今年上半年，国轩高科出货量与营收、净利保持强劲增速，但公司盈利能力高度依赖政府补贴"输血"，上半年4亿元政府补助超归 母净利润，而扣非后净利润仅7287.07万元。公司主业"造血"能力承压，核心产品动力电池毛利率虽同比增长，但增速不及去年同期，且较2015年 借壳上市当年跌去七成。 为应对行业竞争，在整体产能过剩的背景下，国轩高科仍大手笔扩产，拟斥资80亿元在南京、芜湖新建40GWh电池产能。而其资产负债率已达 72.22%，短期债务缺口超百亿，高额利息支出推高了财务费用。如何在快速扩张的同时提升经营质量，是国轩高科未来发展的重要命题。 受益于出货量增长，国轩高科营收继续保持两位数增 ...

恒安国际 20251009 摘要 恒安国际预计 2025 年全年销售和利润与 2024 年持平，上半年虽有 2- 3%的下跌，但期望下半年改善以保持全年稳定。现金流充裕，维持每股 1.4 元的年度派息。 生活用纸板块 ASP 已现拐点，预计下半年至少维持上半年近 3%的增长， 高端产品占比提升亦有助益。促销费用控制将正面影响毛利率，第三季 度毛利率已扩张。 木浆成本虽有上涨压力，但影响有限，库存周期维持 3 个月，预计下半 年纸巾业务毛利率将继续改善。公司关注木浆供应商提价动向，但认为 大幅上涨可能性不大。 卫生巾市场竞争激烈，尤其线上市场，国内品牌通过电商平台争夺份额。 恒安国际将平衡线上线下发展，线下渠道仍是重要优势，线上占比预计 接近 30%。 恒安国际卫生巾线下销售占比约 51%，尤其在三四五线城市渗透率高。 未来将进一步渗透传统小店、校园店等渠道，并拓展即时零售、社区团 购等新模式。 Q&A 请介绍一下恒安国际在 2025 年下半年的经营情况以及未来展望。 2025 年上半年，尽管行业竞争激烈，恒安国际依然保持了相对稳定的发展。 具体来看，纸巾业务在上半年实现了单位数增长，主要得益于销量和平均售价 ...

在各国央行持续增加黄金储备与西方ETF资金强劲流入等多重因素推动下，全球黄金价格近期呈现凌厉 涨势。10月7日-8日，纽约商品交易所黄金期货价格和现货黄金价格先后突破4000美元/盎司整数关口， 纷纷刷新历史最高纪录。黄金价格的持续攀升为黄金板块上市公司带来广阔市场机遇与估值提振动力。 2023年11月，宝鼎科技（002552）顺利完成对河西金矿100%股权的收购，并正式将其纳入公司合并财 务报表范围，标志宝鼎科技新增金矿采选及成品金销售核心业务，成为驱动公司营收增长的重要新引 擎。2024年，宝鼎科技有色金属矿采选业实现营收3.34亿元，同比增长27.43%，毛利率54.91%，同比增 长15.16%；2025年上半年，该项业务实现营收1.75亿元，同比增长20.09%，毛利率61.57%，同比增长 11.88%。连续多个报告期毛利率大幅增长，反映公司在金矿采选环节的成本控制能力持续优化，也得 益于成品金价格高位运行带来的盈利空间释放。 根据《河西矿区金矿2024年储量年度报告》显示，截至2024年末，河西矿区采矿权范围内资源储备充 裕，保有金储量合计矿石量160.17万吨，对应金金属量4.54吨；保有金资 ...

ANJOY FOODS GROUP CO., LTD. 安井食品集團股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2648） 關於變更非公開發行股票部分募投項目的公告 茲提述安井食品集團股份有限公司（「公司」）日期為2025年6月25日的招股章程 「歷史、發展及公司架構－2022年的A股非公開發行」一節，內容有關公司於2022 年非公開發行A股，募集的所得款項淨額為人民幣5,634,574,077.18元。 一、變更募投項目的概述 （一）募集資金基本情況 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 經公司第四屆董事會第十七次會議、2020年年度股東大會審議通過，並 經中國證券監督管理委員會《關於核准福建安井食品股份有限公司非公 開發行股票的批覆》（證監許可[2021]3419號）核准，公司通過非公開發 行股票方式向特定投資者發行48,884,872股人民幣普通股（A股），發行價 格為人民幣116.08元╱股，募集資金總額為 ...

（记者 曾健辉） 华正新材（603186.SH）9月30日在投资者互动平台表示，公司青山湖、珠海制造基地均按照高等级覆 铜板的标准建设，相关产能已投入使用，目前公司整体产能利用率保持在良好的运作水平。规划的珠海 基地尚有部分产线待建设，后续公司将根据具体情况进行投产建设。 每经AI快讯，有投资者在投资者互动平台提问：您好！根据公开资料，华正新材目前正在扩展多个生 产基地，包括珠海、青山湖及海外基地等。能否请您详细说明当前各生产基地的产能利用情况？此外， 公司未来一段时间内是否有继续扩张产能的计划，尤其是在高端覆铜板领域？ ...

Core Insights - The stock of Boqian New Materials (SH605376) reached its daily limit with a price of 65.44 yuan, marking a 10% increase and a total market capitalization of 17.119 billion yuan [1] Group 1: Company Performance - Boqian New Materials reported a significant increase in net profit for the first half of 2025, with a year-on-year growth of 93.34% and a 124.62% increase in non-recurring net profit, indicating strong profitability [2] - The company secured large orders worth 4.3 to 5 billion yuan, covering the period from 2025 to 2029, which ensures future revenue and supports sustained growth [2] Group 2: Market Position and Strategy - Boqian New Materials is expanding its production capacity by establishing a new facility for 1,200 tons of ultra-fine nickel powder, reinforcing its market position and demonstrating strategic commitment [2] - The company's main business focuses on the research, production, and sales of high-end metal powder materials for electronics, with applications in consumer electronics and photovoltaics [2] Group 3: Industry Context - The electronic materials sector has been active recently, with multiple related stocks experiencing upward trends, contributing to the stock price increase of Boqian New Materials [2] - According to data from Dongfang Caifu, the inflow of main funds on the day of the stock's limit up indicates a positive market outlook for the company [2]

Core Viewpoint - The company has responded to the Shanghai Stock Exchange's inquiry regarding the necessity of its fundraising projects, previous fundraising usage, and its business and operational conditions [1] Fundraising Projects - The current fundraising project includes the construction of a new production line for 3 million sets of motorcycles, electric vehicles, and core components, along with marketing network and information system upgrades. The company plans to add 200,000 units of fuel motorcycle capacity, 1.7 million units of electric bicycle capacity, and 1.1 million units of electric motorcycle capacity. The projects have not yet obtained land use rights or environmental assessments. The company's latest cash balance is 7.753 billion yuan, and it aims to raise no more than 2.5 billion yuan [2] - The marketing network project has a total investment of 900 million yuan, with 450 million yuan planned to be funded from the raised capital, aiming to establish 4,900 new stores. The information system upgrade project requires an investment of 120 million yuan, primarily for software and hardware procurement, constituting capital expenditure. The company has a funding gap of approximately 2.614 billion yuan, exceeding the planned fundraising scale, indicating the necessity and rationality of this financing [2] Previous Fundraising - The previous fundraising projects included the expansion of power sports equipment and the intelligent transformation of production lines, as well as the upgrade of the R&D center. In April 2023, the company adjusted its internal investment structure and amounts, increasing the civil engineering budget while reducing equipment purchase and installation costs. The adjusted projects are expected to be operational by March 2024, achieving the original goals. The R&D center upgrade has enhanced the company's R&D capabilities, resulting in multiple honors and patent achievements. The total non-capital expenditures from the previous fundraising exceeded the total amount raised by 321.2368 million yuan, which will be deducted from the current fundraising total [3] Business Operations - The company's main business revenue is categorized into all-terrain vehicles, fuel motorcycles, electric two-wheelers, parts, and others. Revenue figures from 2022 to Q1 2025 are 11.378 billion yuan, 12.110 billion yuan, 15.038 billion yuan, and 4.250 billion yuan, with gross margins of 24.45%, 32.73%, 30.06%, and 29.73% respectively. Over 70% of sales are from overseas markets, primarily in North America and Europe [4] - Revenue and gross margin changes for each product are influenced by various factors. For instance, all-terrain vehicles are affected by market demand and exchange rates, while fuel motorcycles benefit from increased recreational demand, and electric two-wheelers see sales growth due to model expansion. Sales in overseas markets have varied, with North America experiencing rapid growth in the first half of 2025, Europe showing steady growth, and the Asian market (excluding mainland China) facing adjustments due to the Turkish market [4] - The company has adjusted its dealer network, with most dealers being independent from the company. Sales expenses align with business area layouts and development strategies, with a higher proportion of sales expenses in overseas markets and an increase in domestic expenses due to the expansion of electric two-wheeler business [4] Financial Metrics - The company has a high accounts receivable turnover rate, a low inventory turnover rate, and a continuously increasing fixed asset scale. Long-term receivables have a high proportion of aging accounts, while overseas assets and business scales are effectively matched and managed. The auditor has confirmed that these situations are reasonable and comply with market logic and accounting standards [5]

Core Viewpoint - The company, Keri Technology, is focused on expanding its production capacity through its subsidiary, Dingli Intelligent, which is currently operating at full capacity. The ongoing construction of a new smart manufacturing equipment industrial park for new energy batteries is expected to enhance the company's core competitiveness and support sustainable development goals [1]. Group 1 - The subsidiary Dingli Intelligent is currently operating at full capacity [1] - The new industrial park project aims to expand production capacity and leverage economies of scale [1] - The company seeks to increase its market share, operational efficiency, and profitability through this expansion [1]