Core Viewpoint - Shengquan Group is making a significant investment in the new energy sector by issuing convertible bonds to raise up to 2.5 billion yuan, aimed at enhancing its position in the lithium battery anode materials market and supporting its growth trajectory [1][2]. Group 1: Fundraising and Investment Plans - The company plans to allocate 2 billion yuan of the raised funds to a "green new energy battery materials industrialization project," which includes the construction of a 100,000-ton annual production facility for bio-based hard carbon anode materials [2][3]. - The project is located in the Jinan Diaozhen Chemical Industrial Park and has a planned construction period of two years, with expected annual sales revenue of 3.61 billion yuan and an average net profit of 757 million yuan upon completion [2][3]. Group 2: Company Performance and Growth - Shengquan Group has demonstrated robust growth, with a revenue increase of 15.67% year-on-year to 5.351 billion yuan and a net profit surge of 51.19% to 501 million yuan in the first half of 2025 [1][5]. - The company has maintained a steady operational trend, with revenues projected to grow from 8.825 billion yuan in 2021 to 10.02 billion yuan in 2024, marking a significant milestone of surpassing 10 billion yuan in 2024 [4][5]. Group 3: Research and Development - The company has invested a total of 1.717 billion yuan in R&D from 2022 to the first half of 2025, with a strong focus on technological innovation to support its business upgrades [1][5]. - As of mid-2025, Shengquan Group holds 792 valid domestic patents, including 546 authorized invention patents, which fortify its competitive edge in the market [5].