无锡富豪郑铁江被留置了。 7月1日晚间，江苏百川高科新材料股份有限公司（下称"百川股份"，002455SZ）发布公告称，收到公 司实际控制人、董事长郑铁江先生家属的通知，其于近日收到江阴市监察委员会签发的关于郑铁江先生 的《留置通知书》和《立案通知书》，公司实际控制人、董事长郑铁江先生被立案调查并实施留置。 针对以上事件，记者拨打百川股份董秘办电话，但始终无人接听。北京市鑫诺律师事务所合伙人律师毕 晓旬告诉《华夏时报》记者："董事长被留置通常与经济犯罪、职务违规等行为有关。" 7月2日，百川股份股价大跌5.74%，截至收盘为7.06元/股，市值41.95亿元。 江阴土著 郑铁江被留置的事情毫无征兆，一周前的6月23日，他还在位于江阴市云亭街道建设路55号的公司总部 会议室主持了临时股东会，通过了两项决议。一项是《关于子公司股份回购及减资事宜的议案》，一项 是《关于续聘会计师事务所的议案》。 但很快郑铁江的家属就收到江阴市监察委员会签发的关于郑铁江先生的《留置通知书》和《立案通知 书》，郑铁江被立案调查并实施留置。 此前人们对郑铁江的印象是出身草根、实业家。郑铁江出生于1964年，是地道的无锡人，18岁大专毕业 ...

Core Viewpoint - The article discusses the recent developments in the lithium battery materials sector, particularly focusing on the strategic shift of Zhongke Electric towards establishing a large-scale anode material project in Oman while delaying another project in Morocco due to financial pressures and market conditions [1][2]. Group 1: Company Developments - Zhongke Electric plans to build a 200,000-ton annual capacity anode material base in Oman with a total investment of no more than 8 billion RMB, divided into two phases [1]. - The company has decided to delay the construction of its previously approved project in Morocco, which was set to invest 5 billion RMB for a 100,000-ton annual capacity [2]. - The decision to shift focus from Morocco to Oman is attributed to the greater demand for energy transition in the Middle East, particularly in the energy storage sector, and the competitive landscape in Morocco [2]. Group 2: Financial Performance - In 2024, Zhongke Electric reported a revenue of approximately 5.58 billion RMB, a year-on-year increase of about 13.7%, and a net profit of around 300 million RMB, up approximately 626.5% [4]. - For Q1 2024, the company achieved a revenue of about 1.6 billion RMB, reflecting a year-on-year growth of approximately 50%, and a net profit of around 130 million RMB, up about 465.8% [5]. - Despite a revenue decline of 6.64% in 2023, the company has shown resilience and is now expanding its overseas investment targets [5]. Group 3: Market Dynamics - The article emphasizes that the solid-state battery market has not yet disrupted the anode materials market, as graphite remains the dominant material due to its low cost, good performance, and mature technology [8]. - The U.S. has shown a significant dependency on Chinese anode materials, with about 60% of its imports coming from China, despite ongoing trade tensions [9][10]. - The reduction of anti-dumping tariffs on Chinese anode materials from 920% to 6.55% indicates a potential easing of trade barriers, allowing for continued export opportunities for Chinese manufacturers [10].

国内外产能建设推进，股权激励彰显信心 公司拟在山西建设年产20 万吨锂电负极材料一体化项目，在马来西亚建设年产5 万吨锂电负极材料项 目，上述生产基地预计均于25Q3 开始建设，在26 年内达产。到27 年，公司人造石墨负极材料有效产能 将超50 万吨。公司于24 年8 月发布股权激励方案，考核目标为24-26 年每年净利润或负极材料出货量同 比增速不低于25%，彰显公司对未来发展的信心。 维持"买入"评级 我们基本维持公司盈利假设， 预计公司25-27 年归母净利润10.16/13.24/15.00 亿元，参考可比公司25 年 Wind 一致预期下平均PE 14倍（前值13 倍），考虑到公司新产能快速落地，石墨化工艺成本领先，给 予公司25 年合理PE 16 倍（前值15 倍），对应目标价62.24 元（前值58.35元），维持"买入"评级。 公司25Q1 收入16.28 亿元，同/环比+89.00%/+1.14%，25Q1 归母净利2.39亿元， 同/ 环比 +60.87%/-8.16% ， 扣非净利2.47 亿元， 同/ 环比+72.60%/+4.17%，归母净利符合此前预告的2.3~2.6 亿。公司2 ...