锂电"打针复原"黑科技落地，与复旦核心团队成立合资公司 2025 年 9 月 11 日 公司研究/公司快报 公司近一年市场表现 事件描述 事件内容：9 月 9 日，公司发布设立合资公司相关公告，公司与高悦先 生、王兵杰先生共同投资设立合资公司永太芯氟，公司占比 67%；高悦占 20%；王兵杰占 13%。注册地址为上海市杨浦区国泰路 11 号 1 层。 事件点评 其他化学制品Ⅲ 永太科技（002326.SZ） 买入-B(首次) 净资产收益率(%)： 2.16 资料来源：最闻 分析师： 肖索 执业登记编码：S0760522030006 三氟甲基亚磺酸锂（LiSO2CF3）补锂效果显著具备广阔的应用空间：复 旦大学公众号披露三氟甲基亚磺酸锂，可延长电池寿命 1-2 个数量级。永太 已经小规模量产持续送样头部锂电公司。材料可直接在新电池中添加，能够 兼容目前现有产线。按 2025 年全球锂电电解液需求 200 万吨+测算，假设 50% 电池需要添加 3-5%该新型补锂添加剂，则需求约 3-5 万吨，参考市场常规补 锂剂价格 30-50 万元/吨，市场空间超百亿。 邮箱：xiaosuo@sxzq.com 杜羽枢 执业登 ...

Core Viewpoint - The report highlights the financial performance of Shandong Lianchuang Industrial Development Group Co., Ltd. for the first half of 2025, showing significant improvements in revenue and net profit compared to the same period last year, despite challenges in the industry [1][5]. Financial Performance - Operating revenue for the reporting period reached approximately 443.21 million yuan, an increase of 12.83% compared to 392.82 million yuan in the same period last year [1]. - The net profit attributable to shareholders was approximately 11.70 million yuan, representing a 191.96% increase from a loss of 12.72 million yuan in the previous year [1]. - The net cash flow from operating activities improved significantly to approximately 15.92 million yuan, up 186.74% from a negative cash flow of 18.36 million yuan [1]. - Basic and diluted earnings per share were both 0.0110 yuan, a 195.65% increase from a loss of 0.0115 yuan per share in the previous year [1]. Asset and Equity Status - Total assets at the end of the reporting period were approximately 2.50 billion yuan, while net assets attributable to shareholders decreased by 1.91% to approximately 1.92 billion yuan [2]. - The weighted average return on net assets was 0.60%, an increase from a negative 0.64% in the previous year [1]. Shareholder Information - The largest shareholder, Li Hongguo, holds 12.14% of the shares, with a total of 129,721,810 shares, of which some are pledged [2][3]. - The company has not experienced any changes in its controlling shareholder or actual controller during the reporting period [3]. Important Events - The company has decided to terminate the investment in a project to build an annual production capacity of 8,000 tons of end amino polyether due to market conditions and increased competition [3][5]. - The company is currently involved in legal proceedings to recover shares and cash, having retrieved approximately 98.54 million shares valued at 51.27 million yuan and 22.47 million yuan in cash [4][5]. - The company received an administrative penalty notice from the China Securities Regulatory Commission, leading to a risk warning for its stock starting March 25, 2025 [5][6].