Core Viewpoint - The article discusses the acquisition of a property located at 319 Jianguo West Road in Shanghai by Fangda Carbon, highlighting the financial struggles of the previous owner, Huadong (China), and the strategic asset allocation by Fangda Carbon in a challenging real estate market [1][2][4]. Group 1: Property Acquisition - Fangda Carbon's subsidiary, Shanghai Fangda Investment Management Co., won the auction for the property at a base price of 456 million yuan, with a total area of 2,997.83 square meters [1]. - The property is located in a core area of Shanghai's historical district and is considered a scarce resource due to its classification as part of a "never-widening street" [1]. Group 2: Previous Owner's Financial Struggles - The previous owner, Huadong (China), faced a debt crisis leading to the bankruptcy of its subsidiary, Verona Real Estate, which resulted in the judicial auction of the property [2][3]. - Huadong (China) was once recognized as a top real estate developer but has suffered from declining performance due to the downturn in the real estate market and tightening financing conditions [2][3]. Group 3: Fangda Carbon's Business Profile - Fangda Carbon is a leading global producer of carbon products and new materials, focusing on graphite electrodes and carbon bricks, with significant market share and technological advantages [5]. - The company does not have a large-scale real estate business, indicating that the acquisition is more of a short-term asset allocation decision rather than a long-term strategic move into real estate [5]. Group 4: Parent Company Expansion - Fangda Carbon's parent company, Liaoning Fangda Group, has a diversified business strategy that includes real estate and healthcare, indicating potential future developments in these sectors [5][6]. - Liaoning Fangda Group has made significant investments in real estate, including acquiring land for healthcare projects, showcasing its broader strategic ambitions [6].

Core Viewpoint - Yicheng New Energy has indicated its main product, ultra-high power graphite electrodes, is primarily used in electric arc furnace steelmaking, with potential applications in industrial silicon furnaces, yellow phosphorus furnaces, and corundum furnaces [1] Group 1 - The main product of Kaifeng Carbon Company is ultra-high power graphite electrodes [1] - These electrodes are mainly utilized in electric arc furnaces for steelmaking [1] - The company is open to exploring opportunities in the commercial aerospace sector and will follow internal decision-making processes and disclose information accordingly [1]

格隆汇1月12日丨方大炭素(600516.SH)公布，公司全资子公司上海方大投资管理有限责任公司（称上海 方大）竞买淘宝网司法拍卖网络平台的位于上海市建国西路办公楼1幢，标的房产总面积2,997.83平方 米，竞拍价格4.56亿元。 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码 ：600516 证券简称： 方大炭素 公告编号：2026-002 方大炭素新材料科技股份有限公司 第九届董事会第十六次临时会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 一、董事会会议召开情况 方大炭素新材料科技股份有限公司（以下简称公司）以通讯方式向各位董事发出了召开第九届董事会第 十六次临时会议的通知和材料。会议于2026年1月9日以现场和通讯表决相结合的方式召开。本次会议应 出席董事11人，实际出席董事11人；会议由董事长主持，监事及部分高级管理人员列席了会议。本次董 事会会议的召开符合有关法律法规和《公司章程》的规定。 二、董事会会议审议情况 （一）审议通过《关于公司拟注册发行科技创新债券的议案》 为积极响应国家科技创新政策导向，加大科技创新投入力度，同时进一步拓宽融资渠道、降低融资成本 并优化债务结构，公司拟向中国银行间市场交易商协会申请注册发行最高不超过人民币10亿元（含10亿 元）科技创新债券。 表决结果：同意11票，反对0票，弃权0票。 ...

Group 1 - The company, Fangda Carbon (600516.SH), announced its plan to apply for the registration of issuing technology innovation bonds with a maximum amount of RMB 1 billion (including 1 billion) [1]

本次拟发行科技创新债券将有利于公司进一步拓宽多元化融资渠道，同时依托市场化定价机制降低综合 融资成本，为公司整体战略发展如：科技创新领域的项目建设、研发投入、并购重组(含参股型)、偿还 有息负债、补充营运资金等，提供稳定可靠的资金支持。本次发行符合公司及全体股东整体利益，不存 在损害中小股东利益的情况。 格隆汇1月9日丨方大炭素(600516.SH)公布，公司于2026年1月9日召开第九届董事会第十六次临时会 议，审议通过了《关于公司拟注册发行科技创新债券的议案》，为积极响应国家科技创新政策导向，加 大科技创新投入力度，同时进一步拓宽融资渠道、降低融资成本并优化债务结构，公司拟向中国银行间 市场交易商协会申请注册发行最高不超过人民币10亿元(含10亿元)科技创新债券。 ...

方大炭素公告，公司于2026年1月9日召开第九届董事会第十六次临时会议，审议通过了《关于公司拟注 册发行科技创新债券的议案》。为积极响应国家科技创新政策导向，加大科技创新投入力度，同时进一 步拓宽融资渠道、降低融资成本并优化债务结构，公司拟向 中国银行间市场交易商协会申请注册发行 最高不超过人民币10亿元（含10 亿元）科技创新债券。 ...

Core Viewpoint - The company, Fangda Carbon New Material Technology Co., Ltd., has decided to terminate its participation in the substantial merger and restructuring of Shanshan Group and its wholly-owned subsidiary, Ningbo Pengze Trading Co., Ltd., after a month of initial engagement due to insufficient due diligence time and inability to make a reasonable valuation of the target assets [1][2]. Group 1 - The company initially announced its intention to participate in the restructuring as an industrial synergy partner, leveraging its advantages in the anode industry to enhance its supply chain stability and profitability [1]. - After submitting registration materials and paying a due diligence deposit of 50 million yuan, the company engaged in multiple communications regarding key aspects such as asset valuation and strategic planning [2]. - The decision to withdraw was based on a cautious assessment of potential risks and the company's strategic planning in the new materials and new energy sectors [2]. Group 2 - The company's core business focuses on carbon products, particularly graphite electrodes used in electric arc furnace steelmaking, which are significantly affected by industry cycles [2]. - Financial data indicates a continuous decline in the company's performance since 2021, with net profits decreasing from 1.085 billion yuan in 2021 to 113 million yuan in the first three quarters of 2025 [2]. - The company emphasized that the termination of the restructuring participation would not adversely affect its operational and financial status, nor harm the interests of the company and minority shareholders [2].

因此，不少相关产业的大型企业选择参与杉杉集团及其全资子公司实质合并重整一案。据悉，此前消息参与杉杉集团二次重整投资人招募的意向投资人 共有12组，大部分为联合体，涉及企业总数超20家，包括 方大炭素、中国宝安、天齐锂业、TCL科技、京东方、湖南盐业集团 等。彼时知情人士透 露："述标前，方大炭素、湖南盐业集团、天齐锂业等5组意向投资人退出了，最终是7组意向投资人提交方案进入述标。" | 2026未来产业新材料博览会 | （FINE），围绕机器人、汽车、无人机、数据中心、航空航天、AI、新能源等未 | | | | | --- | --- | --- | --- | --- | | 来产业共性需求特设6大展区， | N3 先进电池与能源材料展区 固态 | | 聚焦 | | | 电池 | 、钠电池、钙钛矿 | 等 | | ， | | 欢迎咨询：18957804107 | | | | | 【DT新材料】 获悉 ，1月4日， 方大炭素 披露《关于终止参与杉杉集团及其全资子公司实质合并重整的公告》。 方大炭素称，公司按照杉杉集团有限公司（简称"杉杉集团"）管理人发布的公告要求，提交了报名材料，缴纳了尽职调查保证金5000 ...

Group 1 - The core decision of Fangda Carbon (600516) is to terminate its participation in the restructuring of Shanshan Group and its wholly-owned subsidiary Ningbo Pengze Trading Co., Ltd. This decision comes just over a month after the initial announcement to participate in the restructuring, attracting market attention [1][4]. - The primary reason for this termination is insufficient due diligence, which led to an inability to make a reasonable valuation of the target assets. The company conducted multiple communications with Shanshan Group's management regarding key matters but ultimately decided to withdraw to protect the interests of the listed company and its investors [4]. - Fangda Carbon stated that this termination will not adversely affect its production, operations, or financial status, nor will it harm the interests of the company and minority shareholders [4]. Group 2 - Fangda Carbon is focusing on carbon products as its core business while actively expanding into the new energy materials sector to overcome growth bottlenecks in traditional business [5]. - Prior industry expectations suggested that successful participation in Shanshan Group's restructuring could enhance Fangda Carbon's synergy in "carbon + new energy materials" through Shanshan's quality assets in negative electrode materials and polarizers. However, after the termination, the company will continue to pursue its strategic goals and seek suitable investment and cooperation opportunities to enhance performance and protect shareholder interests [6]. - According to Fangda Carbon's Q3 2025 report, the company achieved a revenue of 2.622 billion yuan, a year-on-year decrease of 16.79%, and a net profit attributable to shareholders of 113 million yuan, down 55.89%, indicating pressure on performance [6]. The company has accumulated multiple technological reserves in silicon-carbon anodes and solid-state batteries and has established a strategic partnership with CATL (300750) to co-develop lithium battery anodes and solid-state battery electrolytes. Industry insiders believe that the new energy materials business is expected to become a core growth engine in the future due to the sustained high prosperity of the new energy industry [6].