资料显示，大富科技聚焦移动通信、消费类电子、汽车零部件、工业母机等业务领域，为客户提供"智能制造+高端装备"的解决方案。 1月25日，大富科技（300134）公告，公司拟向深交所申请面向专业投资者非公开发行不超过3亿元科技创新公司债券。聘请长城证券（002939）为此次债 券的牵头主承销商。 根据公告，募集资金将用于满足公司生产经营需要，包括偿还公司债务、补充流动资金、置换科技创新领域投资支出、项目建设及运营等符合法律法规要 求的用途。 资料显示，2015年，大富科技围绕消费电子行业上下游进行投资，与内蒙古瑞盛新能源有限公司(简称"瑞盛新能源")及其实际控制人张彬签署了《投资总 协议》，大富科技与瑞盛新能源合资成立大盛石墨，共同开展石墨烯等石墨应用的产品与项目的研发、生产和销售等。大富科技以6亿元现金出资，持有 大盛石墨49%股权。 据悉，大盛石墨主营天然石墨深加工，核心产品包括高纯石墨、可膨胀石墨、导电剂、锂离子电池负极材料及石墨化加工服务，下游覆盖冶金、化工、电 子、新能源电池、密封散热等领域。 2024年，大盛石墨实现营收1.33亿元，净利润为-3827.16万元；2025年前三季度，该公司实现营收88 ...

Group 1 - The core point of the article is that Dafu Technology announced the sale of a 49% stake in Ulanqab Dasheng Graphite New Materials Co., Ltd. for a base price of 206 million yuan, following the completion of auditing and evaluation work [2] - Dafu Technology initially invested 600 million yuan to acquire the 49% stake in Dasheng Graphite, which focuses on deep processing of natural graphite and produces core products such as high-purity graphite and lithium-ion battery anode materials [2] - The transaction is part of Dafu Technology's strategy to divest from its investment in the graphite sector, which has applications in metallurgy, chemicals, electronics, and new energy batteries [2]

Core Viewpoint - Dafu Technology plans to sell its 49% stake in Ulanqab Dasheng Graphite New Materials Co., Ltd. for a base price of 206 million yuan, aiming to optimize resource allocation and focus on its core business [1][4]. Group 1: Transaction Details - The board of Dafu Technology approved the proposal to sell the 49% stake in Dasheng Graphite on October 27, 2025, with the transaction to be conducted through public listing [1]. - The assessed value of Dasheng Graphite is 419 million yuan, with a book value of 384 million yuan, resulting in a valuation increase of 9.27% [4]. - The final transaction price and results remain uncertain as the sale will be conducted through a public bidding process [1]. Group 2: Company Background - Dafu Technology, established a joint venture with Inner Mongolia Ruisheng New Energy Co., Ltd. in 2015, holds a 49% stake in Dasheng Graphite, which focuses on the research, production, and sales of graphite products [4]. - Dasheng Graphite's main products include high-purity graphite, expandable graphite, conductive agents, lithium-ion battery anode materials, and graphite processing services, serving industries such as metallurgy, chemicals, electronics, and new energy batteries [4]. Group 3: Financial Performance - Dafu Technology has experienced continuous revenue decline and losses in recent years, with revenues of 2.495 billion yuan in 2023 and 2.324 billion yuan in 2024, representing year-on-year decreases of 3.75% and 6.88%, respectively [5]. - The net profit attributable to the parent company was -170 million yuan in 2023 and -476 million yuan in 2024, indicating an expanding loss in 2024 [5]. - In the first three quarters of 2025, the company reported revenues of 1.764 billion yuan, a year-on-year increase of 1.9%, but still incurred a net loss of 170 million yuan, an improvement from a loss of 224 million yuan in the same period last year [6].

Core Viewpoint - The company is planning to sell a 49% stake in Ulanqab Dasheng Graphite New Materials Co., Ltd. for a base price of 206 million yuan, following the completion of auditing and evaluation work [1] Group 1: Company Actions - The board of directors approved the proposal to sell the stake on October 27, 2025 [1] - The sale aims to respond to the company's strategy of divesting low-efficiency assets and accelerating liquidity recovery [1] - The transaction is expected to optimize resource allocation and strengthen the company's focus on its core business [1] Group 2: Business Overview - Dasheng Graphite specializes in the deep processing of natural graphite, with core products including high-purity graphite, expandable graphite, conductive agents, lithium-ion battery anode materials, and graphitization processing services [1] - The downstream applications of Dasheng Graphite's products cover metallurgy, chemicals, electronics, new energy batteries, and thermal sealing [1]

Core Viewpoint - The company is planning to sell a 49% stake in Ulanqab Dasheng Graphite New Materials Co., Ltd. for a base price of 206 million yuan, following the completion of auditing and evaluation work [1] Group 1: Company Actions - The board of directors approved the proposal to sell the stake on October 27, 2025 [1] - The sale aims to respond to the company's strategy of divesting low-efficiency assets and accelerating liquidity recovery [1] - The transaction is expected to optimize resource allocation and strengthen the company's focus on its core business [1] Group 2: Business Overview - Dasheng Graphite specializes in the deep processing of natural graphite, with core products including high-purity graphite, expandable graphite, conductive agents, lithium-ion battery anode materials, and graphitization processing services [1] - The downstream applications of Dasheng Graphite's products cover metallurgy, chemicals, electronics, new energy batteries, and sealing heat dissipation [1]

Core Viewpoint - Dafu Technology (300134) has confirmed that its subsidiary, Dasheng Graphite, specializes in high-purity graphite and related materials, which are primarily used in electronic products such as batteries and mobile devices [1] Group 1: Company Overview - Dafu Technology's subsidiary, Dasheng Graphite, produces high-purity graphite, expandable graphite, flexible graphite, high thermal conductivity graphite materials, conductive agents, and anode materials [1] - The main applications of these products include primary batteries, lithium batteries, and thermal management in electronic devices like smartphones and tablets [1]

Group 1 - The company has a subsidiary, Dasheng Graphite, which specializes in high-purity graphite, expandable graphite, flexible graphite, high thermal conductivity graphite materials, conductive agents, and anode materials [2] - The company is currently addressing investor inquiries regarding the status of its graphite mine and its position in terms of reserves within the industry [2]

Core Viewpoint - Longjiang Transportation reported steady growth in its 2025 semi-annual performance, with operating revenue of 244 million yuan, an increase of 8.74% year-on-year, and a net profit attributable to shareholders of 95 million yuan, up 19.12% year-on-year [1] Group 1: Core Business Performance - The company focuses on highway operations as its core business, achieving a toll revenue of 163 million yuan, a year-on-year increase of 4.85%, which solidifies the foundation for overall performance [2] - Longjiang Transportation enhances service quality and operational efficiency through "refined management + smart upgrades," including infrastructure updates and improved emergency response capabilities [2][3] Group 2: Digital Transformation - The company is accelerating its digital transformation across all business chains, developing applications like "Longjiang Transportation Manager" to improve management efficiency and optimize user experience [3] Group 3: New Energy and Materials Development - Longjiang Transportation is expanding into the new energy sector, achieving significant progress in distributed photovoltaic projects, with a total installed capacity exceeding 17.13 MW [4] - In the new materials sector, the company is advancing its graphite industry integration, focusing on both resource development and technological research [5][6] Group 4: Diversified Business Support - The company maintains stable operations in its existing businesses, with its taxi subsidiary leading the market in operational efficiency and exploring new business models [7] - The ongoing national push for infrastructure upgrades and support for strategic emerging industries presents dual opportunities for Longjiang Transportation [7] Group 5: Future Outlook - Longjiang Transportation aims to consolidate its highway business while accelerating the integration of new energy projects and graphite technology, positioning itself for robust growth in both core and emerging sectors [8]