智通财经APP讯，滨海能源(000695.SZ)发布2025年度业绩预告，预计全年归属于上市公司股东净亏损 6900万元至9800万元。业绩变动原因：1.公司负极材料产能总体规模尚小，尚未充分放量，固定资产折 旧、人工成本相对较高，叠加上游石油焦、煅后焦等原辅料价格上涨，导致本年度毛利率下降;2.公司 全面进入新能源负极材料行业时间尚短，产线建设及铺底流动资金主要来源于负债，报告期内财务费用 较高;3.报告期内，公司包头子公司晶硅光伏业务建设项目未予推进，出于谨慎性考虑，对相关在建工 程项目计提减值准备。 ...

格隆汇1月16日丨滨海能源（维权）(000695.SZ)公布，预计2025年净亏损9,800万元～6,900万元，扣非 净亏损9,600万元～6,700万元。1.公司负极材料产能总体规模尚小，尚未充分放量，固定资产折旧、人 工成本相对较高，叠加上游石油焦、煅后焦等原辅料价格上涨，导致本年度毛利率下降；2.公司全面进 入新能源负极材料行业时间尚短，产线建设及铺底流动资金主要来源于负债，报告期内财务费用较高； 3.报告期内，公司包头子公司晶硅光伏业务建设项目未予推进，出于谨慎性考虑，对相关在建工程项目 计提减值准备。 ...

每经AI快讯，滨海能源1月16日晚间发布业绩预告，预计2025年归属于上市公司股东的净利润-9800万 ~-6900万元，基本每股收益0.4411元~0.3106元。上年同期归属于上市公司股东的净利润-2813.42。基本 每股收益0.1226元。业绩变动主要原因是，公司负极材料产能总体规模尚小，尚未充分放量，固定资产 折旧、人工成本相对较高，叠加上游石油焦、煅后焦等原辅料价格上涨，导致本年度毛利率下降；公司 全面进入新能源负极材料行业时间尚短，产线建设及铺底流动资金主要来源于负债，报告期内财务费用 较高；报告期内，公司包头子公司晶硅光伏业务建设项目未予推进，出于谨慎性考虑，对相关在建工程 项目计提减值准备。 每经头条（nbdtoutiao）——白银50天涨逾80%，疯狂程度远超黄金，历史上爆炒白银往往预示贵金属 牛市已到高潮，这次有何不同？ （记者 曾健辉） ...

Core Viewpoint - The Chengdu-Deyang-Meishan-Ziyang (CDMZ) urban integration development is emerging as a new engine for high-quality development in Western China, focusing on industrial clusters and breaking administrative barriers to create a modern industrial system through collaborative efforts over five years [2][4]. Group 1: Industrial Collaboration - The four cities have implemented a "functional complementarity and differentiated development" strategy to address their respective industrial shortcomings, leading to a series of effective explorations and practices [3]. - Chengdu focuses on research and design, Deyang aims to build a world-class heavy equipment manufacturing base, Meishan is developing a new materials industry hub, and Ziyang is cultivating a rail transit cluster and specialized dental industry [3]. Group 2: Economic Growth and Industrial Clusters - The economic output of the Chengdu metropolitan area is projected to grow from 2.24 trillion yuan in 2020 to 2.98 trillion yuan by 2024, with an average annual growth rate exceeding national and provincial averages [4]. - By 2025, the output value of nine key industrial chains in the Chengdu metropolitan area is expected to exceed 1.2 trillion yuan, with 14 national-level industrial clusters, including electronics and equipment manufacturing, reaching over 1 trillion yuan in scale [4]. Group 3: Infrastructure and Connectivity - Over five years, more than 200 billion yuan has been invested in transportation projects, significantly reducing average commuting time between the four cities from 2 hours to 1 hour, thus facilitating industrial collaboration [6]. Group 4: Public Services and Talent Mobility - The "Chengdu-Deyang-Meishan-Ziyang Unified Service" initiative has enabled 505 high-frequency services to be processed across cities, enhancing talent mobility and providing strong support for industrial development [9]. Group 5: Future Development and Goals - The CDMZ urban integration is set to accelerate towards higher levels of development, focusing on innovation collaboration, deepening open cooperation, and optimizing ecological systems, with plans to establish two world-class industrial clusters and four trillion-yuan industrial clusters by 2030 [10][13].