证券代码：301238 证券简称：瑞泰新材 公告编号：2025-043 江苏瑞泰新能源材料股份有限公司 第二届监事会第十三次会议决议公告 本公司及监事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 详细内容见公司指定信息披露报纸《证券时报》和指定信息披露网站巨潮资 讯网 http://www.cninfo.com.cn《瑞泰新材：关于使用暂时闲置募集资金进行现金 管理的公告》。 一、监事会会议召开情况 江苏瑞泰新能源材料股份有限公司（以下简称"公司"）第二届监事会第十 三次会议，于 2025 年 8 月 11 日以电子邮件、传真和送达等方式发出通知，并于 生、朱慧先生以通讯方式出席会议）。本次会议应出席监事四名，实际出席监事 四名。会议由监事会主席郭军先生召集并主持，本次会议的召开程序符合有关法 律、行政法规、部门规章、规范性文件和公司章程的规定。 二、监事会会议审议情况 经审核，监事会认为，董事会编制和审议公司 2025 年半年度报告的程序符 合法律、行政法规和中国证监会的规定，报告内容真实、准确、完整地反映了上 市公司的实际情况，不存在任何虚假记载、误导性陈述或者重大 ...

Group 1 - The core viewpoint of the report is that Minsheng Securities recommends Xiamen Tungsten New Energy (688778.SH) due to its strong market position and growth potential [2] - The company is accelerating its global capacity layout with key domestic and international projects progressing steadily [2] - Xiamen Tungsten New Energy maintains a solid leadership position in the industry with continuous and stable growth in its core business [2] - The company is deeply engaged in research and development of solid-state batteries, with core technological achievements gradually becoming evident [2]

证券代码：688778 证券简称：厦钨新能 公告编号：2025-051 厦门厦钨新能源材料股份有限公司 关于 2025 年半年度利润分配方案的公告 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、准确性和完整性依法承担法律责任。 重要内容提示： ? 每股分配比例：每 10 股派发现金红利 2.00 元（含税），不进行资本公 积金转增股本，不送红股。 ? 本次利润分配方案拟以厦门厦钨新能源材料股份有限公司（以下简称"公 司"）2025 年半年度实施权益分派股权登记日登记的总股本扣除公司回购证券账 户中股份为基数分配利润，具体日期将在权益分派实施公告中明确。 ? 如在本公告披露之日起至实施权益分派的股权登记日前公司总股本发生 变动的，公司拟维持每股分配比例不变，相应调整分配总额，并另行公告具体调 整情况。 ? 本次利润分配方案无需提交股东大会审议。 一、利润分配方案的内容 截 至 2025 年 6 月 30 日 ， 公 司 母 公 司 报 表 中 期 末 未 分 配 利 润 为 度实现归属于母公司所有者的净利润为 306,894,646.16 元（未经审计）， ...

Core Viewpoint - The Hong Kong stock market is experiencing a new wave of investment enthusiasm, with significant gains in technology and renewable energy sectors, prompting investors to reassess their asset allocation strategies [1] Group 1: Stock Market Trends - The Hang Seng Tech Index has risen 23% year-to-date as of August 21, 2025, with smart driving concept stocks seeing monthly gains exceeding 40% [1] - The renewable materials sector, led by a company developing graphene battery technology, is benefiting from the global carbon neutrality process, with the technology now in mass production [1] - In the consumer electronics sector, a company has doubled its stock price in three months due to breakthroughs in holographic projection devices [1] - Medical AI companies are transforming traditional diagnostic models, maintaining a dynamic P/E ratio in the reasonable range of 35-50 times [1] Group 2: Bond Market Insights - High-quality corporate bonds are showing value as growth stocks experience increased volatility, with 3A rated Hong Kong Stock Exchange corporate bond yields rising to 4.2%, an increase of 80 basis points since the beginning of the year [2] - A five-year green bond issued by a specific company is particularly sought after by institutions due to its embedded carbon reduction clauses [2] - Caution is advised regarding cash flow pressures faced by high-yield bond issuers [2] Group 3: Gold Market Developments - Traditional gold ETF holdings have increased by 12%, while a blockchain gold certificate launched by a company has seen trading volumes exceed HKD 10 billion [3] - This product allows investors to hold digital certificates that correspond directly to physical gold stored in Swiss vaults [3] - In the context of significant fluctuations in the US dollar index, a company has developed gold volatility derivatives to provide new tools for risk hedging [3] Group 4: Investment Strategies - Active stocks include a range of companies, with a professional institution recommending a "core + satellite" strategy: allocating 60% of funds to blue-chip stocks and interest rate bonds, 30% to high-growth sectors, and 10% for hedging systemic risks [4] - With the Federal Reserve's monetary policy shift approaching, certain cross-border arbitrage products may emerge as dark horses in the fourth quarter [4]

Group 1 - Dongwu Securities issued a report on August 21, giving a "buy" rating to Xiamen Tungsten New Energy (688778.SH, latest price: 57.3 yuan) [2] - The rating is supported by the alignment of H1 2025 performance with preliminary reports [2] - In the first half of the year, lithium cobalt oxide sales saw significant growth, benefiting from rising cobalt prices, leading to a net profit increase of over 10,000 yuan per ton [2] - The profitability of ternary batteries remained stable in Q2 2025, while iron-lithium continued to reduce losses [2] - The company demonstrated a competitive advantage in solid-state lithium sulfide technology [2] - Operating cash flow improved quarter-on-quarter in Q2, and capital expenditures slowed down [2]

Core Viewpoint - The announcement of a share reduction by the chairman of Zhongwei Co., Ltd. coincides with a significant decline in the company's financial performance, indicating deeper issues within the company and the industry as a whole [1][3]. Financial Performance - In the first half of 2025, Zhongwei reported a revenue of 21.32 billion yuan, a slight increase of 6.16% year-on-year, but the net profit decreased by 15% to 733 million yuan [4]. - The company's core business, ternary precursor revenue, plummeted by 15% to 7.49 billion yuan, a 36% drop compared to its peak in 2022 [4]. - The second quarter of 2025 saw a net profit decline of 12%, marking the fourth consecutive quarter of year-on-year decline [1][4]. Market Position - Zhongwei's market share in the ternary precursor segment fell from 27% in 2023 to 20.3% in 2024, reflecting a loss of competitive edge [4]. - The overall production of ternary precursors globally decreased by 1.7% in 2024, while China's production grew by 0.7% [4]. Industry Challenges - The rise of lithium iron phosphate batteries, which captured 81.4% of the market share in the first half of 2025, has severely pressured Zhongwei's reliance on ternary technology [5]. - Major clients like CATL and Rongbai Technology are increasingly producing their own precursors, further squeezing Zhongwei's market position [5][13]. Cash Flow and Debt - From 2021 to the first half of 2025, Zhongwei experienced a net cash outflow of 36.05 billion yuan, averaging a daily loss of 20 million yuan [6][8]. - The company's debt situation is alarming, with a debt-to-asset ratio exceeding 60.6% and total liabilities reaching 28.5 billion yuan, which is 140% of its net assets [8][11]. Operational Efficiency - The gross profit margin for Zhongwei's sales dropped to 12.1% in the first half of 2025, lower than its competitors [7]. - Inventory levels surged to 10.23 billion yuan, accounting for 50.28% of net assets, indicating poor asset turnover [7]. Strategic Missteps - The company's aggressive expansion strategy has not yielded the expected returns, leading to a liquidity crisis with significant amounts tied up in inventory and receivables [14]. - The ongoing expansion amidst declining profitability raises concerns about the sustainability of Zhongwei's business model [14][15].

Group 1 - The company will hold a half-year performance briefing on August 28, 2025, from 15:00 to 16:00 to discuss its financial status and operational results for the first half of 2025 [2][3][4] - Investors can submit questions for the briefing from August 21 to August 27, 2025, through the Shanghai Stock Exchange Roadshow Center or via the company's email [2][6] - The briefing will be conducted via video and online interaction, allowing for real-time communication with investors [3][4] Group 2 - The company has provided a guarantee of 158 million yuan for its wholly-owned subsidiary, Sichuan Zhuoqin New Materials Technology Co., Ltd., which is not classified as a related party guarantee [9][11] - The total amount of guarantees provided by the company and its subsidiaries to Sichuan Zhuoqin has reached 521.815 million yuan, with 35.8 million yuan provided in 2025 alone [9][11] - The total external guarantee amount after this new guarantee is 17.591 billion yuan, accounting for 95.67% of the company's audited net assets attributable to shareholders as of 2024 [11][16]

Core Points - The company, Tianji New Energy Technology Co., Ltd., has released its 2025 semi-annual report, which includes financial results and future development plans [1] - The board of directors and the supervisory board have unanimously approved the semi-annual report and the special report on the use of raised funds [10][20] - The company has not distributed cash dividends or bonus shares during the reporting period [3] Group 1: Company Overview - Tianji New Energy Technology Co., Ltd. is engaged in the production and development of new energy technologies [2] - The company has not experienced any changes in its controlling shareholder or actual controller during the reporting period [5][6] Group 2: Financial Data and Fund Management - The company raised a total of approximately 895 million RMB through the issuance of 96,030,038 shares at a price of 9.32 RMB per share [22] - As of June 30, 2025, the company has utilized approximately 694 million RMB of the raised funds, leaving a balance of about 182 million RMB [23] - The company has established special accounts for the management of raised funds in various banks to ensure proper usage and compliance with regulations [24][25] Group 3: Fund Usage and Investment Projects - The company has pre-invested approximately 390 million RMB in projects using self-raised funds, which have been replaced with raised funds as approved by the board [27] - The company has temporarily used 114 million RMB of idle raised funds to supplement working capital, with a usage period not exceeding 12 months [29] - The company has also engaged in cash management with idle raised funds, amounting to 339 million RMB, with a total return of approximately 2.43 million RMB from cash management products [29] Group 4: Project Adjustments - The company has postponed the completion date for a lithium salt project from December 2024 to December 2025 due to market conditions [30] - The company has added a new implementation entity and location for the lithium salt project, which will not affect the project's content or funding usage [31]

Core Viewpoint - Longpan Technology plans to raise up to 2 billion yuan through a private placement to fund the production line for high-performance phosphate-based cathode materials and to supplement working capital [1] Group 1: Company Overview - Longpan Technology's main business includes the research, production, and sales of lithium iron phosphate cathode materials and environmentally friendly fine chemicals for vehicles [1] - In the first half of 2025, the company achieved operating revenue of 3.622 billion yuan, representing a year-on-year increase of 1.49% [1] - The net profit attributable to shareholders was -85.1534 million yuan, indicating a reduced loss compared to the same period last year [1] Group 2: Market Demand and Future Plans - The fundraising project aims to establish a production line primarily to meet the growing demand for high-performance cathode materials in the electric vehicle and energy storage markets [1]

万润新能（688275.SH）8月20日在投资者互动平台表示，公司产能布局如下：湖北基地：31.1万吨/年 （已投产）；安徽基地：3.7万吨/年（已投产）。山东滨州一期"12万吨/年磷酸铁锂联产24万吨/年磷酸 铁"项目已建成投产，美国新能源正极材料及其产业化研发中心项目规划建设5万吨的磷酸铁锂，一期计 划先行建设落地0.9万吨/年磷酸铁锂产能，目前正按照原计划正常推进。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：请介绍下公司目前产能布局情况？ ...