资料显示，南通星球石墨股份有限公司位于江苏省如皋市九华镇华兴路8号，成立日期2001年10月24 日，上市日期2021年3月24日，公司主营业务涉及石墨设备的研发、生产、销售及维保服务。主营业务 收入构成为：石墨设备53.78%，设备配件20.66%，维保服务10.99%，其他8.67%，其他(补充)5.90%。 截至9月30日，星球石墨股东户数4207.00，较上期增加19.38%；人均流通股34173股，较上期减少 16.23%。2025年1月-9月，星球石墨实现营业收入4.98亿元，同比增长10.69%；归母净利润8080.15万 元，同比减少17.76%。 11月21日，星球石墨跌4.28%，成交额2602.39万元。两融数据显示，当日星球石墨获融资买入额349.72 万元，融资偿还374.10万元，融资净买入-24.38万元。截至11月21日，星球石墨融资融券余额合计1.44 亿元。 融资方面，星球石墨当日融资买入349.72万元。当前融资余额1.44亿元，占流通市值的4.43%，融资余 额超过近一年90%分位水平，处于高位。 融券方面，星球石墨11月21日融券偿还0.00股，融券卖出0.00股，按 ...

Core Insights - Handan Hongji Carbon Co., Ltd. has recently been established with a registered capital of 3.19 million RMB [1] - The company is engaged in a variety of sales activities including graphite and carbon products, graphene materials, synthetic materials, and petroleum products (excluding hazardous chemicals) [1] - The company also deals in non-metallic minerals and products, metal matrix composites, ceramic matrix composites, non-ferrous metal alloys, and specialized chemical products (excluding hazardous chemicals) [1] - Additionally, the company is involved in import and export activities, including technology import and export, and import and export agency services [1]

Core Viewpoint - The company, Xingqiu Graphite (688633.SH), confirmed that its main business focuses on graphite materials, products, and related equipment, and does not currently involve superhard materials [2]. Group 1: Company Overview - The company specializes in the research, production, sales, and maintenance services of graphite materials and products [2]. - Main products include specialty and chemical-grade graphite materials, graphite synthesis furnaces, graphite heat exchangers, and graphite reaction towers [2]. - The company does not have products or technologies related to the superhard materials sector at this time [2].

Group 1 - The company, Xingqiu Graphite (688633.SH), primarily engages in the research, production, sales, and maintenance services of graphite materials, graphite products, graphite equipment, and complete systems [1] - The company does not currently involve itself in graphene or graphite electrode products [1] - The company's wholly-owned subsidiary, Inner Mongolia Xingqiu New Materials Technology Co., Ltd., produces specialty and chemical-grade graphite, which is mainly used in the production of graphite equipment and products, with a primary application in corrosion resistance [1]

Core Viewpoint - The company plans to sell its 49% stake in Ulanqab Dasheng Graphite New Materials Co., Ltd. due to underperformance in operations, with the sale to be conducted through a public listing at a price no less than the assessed value [1] Group 1 - The board of directors will meet on October 27, 2025, to review the proposal for the sale of the stake [1] - The final transaction price will be determined by the results of public bidding in the property market [1] - The transaction requires approval from the relevant state-owned asset supervision and administration authority [1] Group 2 - After the completion of the transaction, the company will no longer hold any equity in Dasheng Graphite [1]

Core Viewpoint - The restructuring case of Shanshan Group is facing complications as the qualification of one of the selected investors, Saimeike Advanced Materials Co., Ltd., was unexpectedly changed to a fund under TCL without their knowledge, prompting Saimeike to request a delay in the creditor voting process [1][2][3]. Group 1: Restructuring Process - The restructuring investors were narrowed down from 17 to 3, with the final investors being a consortium led by BOE Technology Group, China National Building Material Group, and a consortium including Saimeike [2]. - Saimeike was unaware of the changes to the restructuring investment agreement until a public announcement was made, which indicated that TCL's fund was now part of the agreement [2][3]. - Saimeike's lawsuit claims that the management's actions to change the consortium members without consent violated the principles of fairness and transparency in the selection process [3]. Group 2: Allegations of Misconduct - Allegations have surfaced regarding the initial bidding process, suggesting that Saimeike was the first to bid and later invited New Yangzi Commerce to join, contradicting claims that New Yangzi was the original bidder [4]. - Saimeike's involvement was intended to enhance the consortium's capital strength and market influence, as it is a significant player in the special graphite materials sector [5]. - Concerns were raised about the rushed timeline for due diligence, which limited the ability of other investors to assess the investment proposal effectively [6]. Group 3: Financial Implications - The restructuring plan allows investors to acquire 23.36% of Shanshan's shares through various methods, with a direct purchase of 9.93% of shares at a price of 25.55 billion yuan [7]. - The investors are expected to gain a market value increase of approximately 5.453 billion yuan based on the current share price, which is significantly higher than the acquisition price [8]. - Ordinary creditors are likely to face low recovery rates, with total claims amounting to 281.19 billion yuan against the limited assets available for liquidation [9].

Core Insights - A new individual business named Jiang'an County Jiang'an Town Carbon Material Business has been established, with a registered capital of 100,000 RMB [1] - The legal representative of the business is Fu Tianguo [1] Business Scope - The business scope includes the sale of graphite and carbon products, technical services, development, consulting, exchange, transfer, and promotion [1] - It also involves the sale of coal and its products, non-metallic minerals and products, non-edible salt, and ecological environment materials [1] - Manufacturing of graphite and carbon products, non-metallic mineral material forming machinery, rubber products, and sales of chemical products (excluding licensed chemical products) are included [1] - The business is permitted to conduct operations autonomously with a business license, except for projects that require approval [1]

Group 1 - The company, Xingqiu Graphite (688633.SH), reported a total operating revenue of 310 million yuan for the first half of 2025, representing a year-on-year increase of 5.77% [1] - The net profit attributable to shareholders of the parent company was 46.67 million yuan, showing a year-on-year decline of 24.5% [1] - The basic earnings per share were 0.32 yuan [1]

Key Points - The company, Nantong Planet Graphite Co., Ltd., has repurchased a total of 500,000 shares from March 25, 2024, to May 14, 2024, to maintain company value and protect shareholder interests [1][2] - The repurchased shares will be sold through centralized bidding within 12 months after the announcement of the repurchase results and share changes, and must be completed within 3 years [1][5] - If the company fails to sell the shares within the specified period, the unsold portion will be canceled following relevant procedures [1][5] Reduction Plan - The company plans to reduce its holdings by selling up to 500,000 shares, which represents no more than 0.35% of the total share capital, within 3 months starting 15 trading days after the announcement [2][3] - The reduction will occur through centralized bidding at market prices, and the number of shares to be reduced will be adjusted if there are changes in the total share capital due to stock dividends or capital reserve transfers [2][3] - The reduction period is set from September 22, 2025, to December 21, 2025 [3] Shareholder Information - The reduction will be executed from the repurchased shares held in a dedicated securities account, with no involvement from controlling shareholders or related parties [2][6] - The company has not sold or transferred any shares since its listing [2][6] - The company assures that the reduction will not significantly impact its operations, finances, or future development, and will help supplement daily operational liquidity [6][7]

Group 1 - The company held its 21st meeting of the second Supervisory Board on August 28, 2025, which was conducted in accordance with relevant laws and regulations [1][2] - The Supervisory Board approved the 2025 Half-Year Report and its summary, confirming that the report accurately reflects the company's financial status and operational results without any false statements or omissions [1][2] - The Supervisory Board also approved the Special Report on the storage and actual use of raised funds for the first half of 2025, stating that the management of these funds complies with regulatory requirements and does not harm shareholder interests [2][3] Group 2 - The Supervisory Board approved the establishment of a new special account for raised funds due to changes in investment projects, ensuring proper management and usage of the funds [2][3]