Group 1 - The core viewpoint emphasizes the strategic importance of new materials in driving the green transformation of traditional industries and fostering new productive forces, with Lanzhou Lanshi Zhongke Nano Technology Co., Ltd. emerging as a notable player in this field [1] - The company has achieved a breakthrough in the continuous and large-scale preparation of nano materials at normal temperature and pressure, overcoming the limitations of traditional batch production methods in terms of efficiency, cost, and environmental impact [2] - Lanzhou Lanshi Zhongke has established multiple production lines, including an annual output of 4,000 tons of nano magnesium hydroxide, 4,000 tons of magnesium-aluminum hydrotalcite, 5,000 tons of nano zinc oxide, and 1,500 tons of nano lithium iron phosphate precursor materials, achieving industry-leading standards in particle size control, dispersion, and batch stability [2] Group 2 - The company aligns with national strategies and aims to list on the Sci-Tech Innovation Board, which has become a preferred platform for hard-tech enterprises, supported by recent policies that enhance inclusivity for technology companies [3] - Lanzhou Lanshi Zhongke plans to submit its IPO application by the end of 2027, leveraging capital market opportunities to accelerate technological iteration and expand production capacity [3] - The company occupies a unique position in the resource recycling and new materials intersection, providing irreplaceable value in promoting low-carbon transformation in traditional industries, with no direct competitors in the A-share market [4] Group 3 - The national focus on green technology and new materials under the "dual carbon" goals has led to increased support for companies like Lanzhou Lanshi Zhongke, which reduces production energy consumption and costs while aiding downstream enterprises in resource recycling [5] - Guotai Junan Securities is set to provide comprehensive capital services for the company’s upcoming issuance, ensuring strong support for its market entry [5] - The growth trajectory of Lanzhou Lanshi Zhongke reflects the transformation and upgrading of Chinese SMEs through technological innovation, positioning it as a benchmark enterprise in the new materials sector [8]

Core Viewpoint - Baiyin Nonferrous Group Co., Ltd. is actively transforming towards new energy and new materials, achieving significant progress and key results in its strategic transition as highlighted in its 2025 semi-annual report [1][2] Group 1: Technological Innovation and R&D - The company has increased its investment in technology innovation, having validated and filed 38 R&D projects in the first half of the year, injecting momentum into its innovative development [1] - Baiyin Nonferrous is advancing its government technology projects, striving for provincial-level technology project support to enhance its research capabilities [1] - The company has applied for 92 intellectual property rights, including 19 invention patents, and has successfully registered software copyright for "Data Format Conversion Tool Software V1.0" [1] Group 2: Strategic Transition to New Energy and New Materials - Baiyin Nonferrous has made notable advancements in its strategic transition to new energy and new materials, particularly through its subsidiary Baiyin Nonferrous Changtong Cable Co., Ltd., which focuses on superconducting cables and fine electromagnetic wires [2] - The company has successfully developed and delivered the first domestic 750-meter superconducting cable for nuclear fusion devices, with fine electromagnetic wire production capacity reaching 20,000 tons per year [2] - The company’s affiliated enterprises have achieved significant production milestones, including 70,000 tons of high-end electrolytic copper foil and the completion of a 20,000-ton lithium manganese iron phosphate (LMFP) cathode material project [2]

许春一行深入主生产车间、干燥煅烧车间、水处理车间及成品库等核心区域，听取了关于生产设备 运行、安全生产制度落实、风险排查整改和应急预案制定等方面的工作汇报，并对安全防护设施配置、 作业人员操作规范等进行了重点检查。 巡检机制，定期检查，确保设备齐全有效；四要对风险隐患实行台账管理，明确责任主体、措施和时 限，跟踪整改落实，为公司高质量发展提供坚实安全保障。（乔娅妮） 9月10日，兰石中科工会主席许春、党支部副书记相建一行前往兰石中科控股子公司甘肃银石10万 吨/年氧化锌暨一期5000吨/年纳米氧化锌项目生产现场，实地调研项目生产运行及安全管理工作情况。 许春强调，一要强化责任担当，杜绝麻痹思想，压实安全责任，确保事事有人管、人人有专责；二 要加强一线人员安全培训和实操演练，全面提升安全意识和应急能力；三要建立常态化消防与应急设施 ...

Core Viewpoint - Baiyin Nonferrous Group Co., Ltd. reported a revenue of 44.559 billion yuan and a net profit of 433 million yuan for the first half of 2025, indicating a strong performance in the nonferrous metals and precious metals sector [1] Group 1: Financial Performance - The company achieved an operating income of 44.559 billion yuan and a net profit attributable to shareholders of 4.33 billion yuan in the first half of 2025 [1] - The output of copper, lead, zinc, and molybdenum metals from the mining system was 130,500 tons, while the smelting system produced a total of 426,200 tons of copper, zinc, and lead metal products [2] Group 2: Project Development and Technological Advancements - Baiyin Nonferrous accelerated key project construction, with the first phase of the green mining reagent technology transformation project producing 15,000 tons and the second phase under construction [2] - The intelligent copper smelting factory project has completed 28 sub-items and is currently implementing IT resource construction and automatic dust conveying systems [2] - The company has undertaken 38 technology research and development projects and received support for key technology projects from the Gansu provincial government [2] Group 3: Strategic Transformation and New Business Development - The company has made significant progress in strategic transformation towards new energy and new materials, achieving technological breakthroughs and capacity expansion in several businesses [3] - Baiyin Nonferrous's subsidiary successfully developed and delivered the first domestic superconducting cable for nuclear fusion devices, with a production capacity of 20,000 tons per year for fine electromagnetic wire [3] - The company has established a production capacity of 70,000 tons for high-end electrolytic copper foil and has launched a 20,000-ton lithium iron phosphate project that meets industry standards [3]

Group 1 - The 2025 SMM Zinc Industry Conference was held in Nanchang, Jiangxi, focusing on the green transformation and high-quality development of the zinc industry, gathering leading companies, experts, and industry representatives [1][6] - The conference featured a presentation by Dr. Zeng Neng from the company, discussing the application of continuous multiphase interface reaction technology in the field of nano zinc oxide, highlighting the company's innovative technology system in zinc-containing solid waste resource utilization [3] - The company has successfully implemented a 10,000 tons/year zinc oxide production line and a 5,000 tons/year nano zinc oxide production line, marking a significant step in the industrialization of nano materials and establishing a closed-loop cycle for high-value nano material production from zinc waste [5] Group 2 - The conference theme "Zinc Dynamics, Intelligent Circulation, New Development" emphasized high-quality development needs, focusing on market development, policy planning, technological innovation, equipment upgrades, and new applications in the zinc industry [6] - The event aimed to invite global zinc smelting, processing, application, and recycling companies to discuss collaborative development mechanisms and address trade changes through technology [6]

Group 1 - The delegation from Chongqing Changshou District Youth Chamber of Commerce visited the Gansu Yinshi 100,000 tons/year zinc oxide and 5,000 tons/year nano zinc oxide production line project of Lanshi Zhongke [1][3] - The visit included a tour of the group exhibition hall, company showroom, and small-scale production line for nano materials, focusing on Lanshi Zhongke's technological innovations and core product development in the nano new materials sector [1] - Discussions were held regarding production equipment operation, process optimization, product quality control, and the market demand for nano zinc oxide in the rubber industry [3] Group 2 - The delegation engaged in communication about technical challenges and market expansion related to nano zinc oxide [3] - Lanshi Zhongke's development history, industry layout, and corporate culture were highlighted during the visit [1] - The focus on nano materials indicates a strategic emphasis on innovation and market needs within the industry [1][3]

Core Viewpoint - The visit by Ding Shujing, Dean of the School of Chemistry at Xi'an Jiaotong University, to Lanshi Zhongke highlights the company's advancements in nanomaterials and its commitment to green development through innovative technologies [1][3][7]. Group 1: Project Insights - The 100,000 tons/year nano zinc oxide project was inspected, showcasing its production process, technical advantages, and market applications, which received high recognition from Ding Shujing [3]. - The project integrates solid waste high-value utilization with nanotechnology, addressing environmental challenges while enhancing industrial value, aligning with national green development and "dual carbon" strategies [3]. Group 2: Collaboration and Future Plans - Ding Shujing visited the 1,500 tons/year nano lithium iron phosphate precursor demonstration line, focusing on the preparation process and future implementation plans [5]. - The discussions included Lanshi Zhongke's proprietary core patent technologies and advancements in high-value utilization of industrial solid waste, emphasizing the company's significant achievements in the nanomaterials sector [7]. - There is a strong interest in establishing comprehensive cooperation between Xi'an Jiaotong University and Lanshi Zhongke in technology transfer, pilot base construction, and industrial promotion, leveraging both parties' strengths in research and application [7].