从客户结构角度观察，公司不断深化与华为、 比亚迪 、格力、富士康等行业头部客户的战略合作，持 续提高市场份额和品牌影响力，凭借多年来定制化服务能力和稳定的产品输出，持续赢得核心客户及行 业的高度认可。 8月26日晚间， ST新亚 （002388.SZ）发布2025年半年度报告。报告期内，ST新亚实现营业收入8.80亿 元，归属于上市公司股东的净利润为654.57万元。2025年第二季度，公司实现营业收入4.98亿元，较第 一季度有所上升。 在化工材料领域，公司旗下胶粘剂业务持续呈现增长态势。数据显示，2025年上半年胶粘剂产品实现营 业收入1.31亿元，销售额再创新高，毛利率达47.42%，盈利内生能力稳步增强。公司充分发挥自身较强 的研发实力与丰富行业经验，已发展成为业内具备显著竞争优势的专业制造商。作为电子制造产业链中 的关键材料，电子胶粘剂在终端需求升级与技术迭代的双重推动下，其应用场景正不断扩展，广泛覆盖 消费电子 、智能家电、Micro LED 、 新能源 等多个高增长领域。公司表示，目前公司技改工艺革新成 效显著，全自动化生产设备已日趋完善，产品应用领域亦不断拓宽，胶粘剂业务有望寻找更多增量机 会 ...

2025年上半年，ST新亚在业务稳步发展的基础上持续强化技术积累，推进产品结构持续优化，并通过 深化客户合作与服务体系来巩固品牌影响力。随着核心产品及服务持续放量，产品应用领域不断拓宽， 公司有望依托在化工新材料与新能源材料领域的协同发展与技术优势，持续增强核心竞争力，为股东创 造更大价值。 （文章来源：证券时报网） 资料显示，近年来，在外部环境充满挑战的背景下，ST新亚着眼于电子信息制造业，立足高端制造， 一方面借助公司在研发、制造、客户、品牌等方面的积累，稳步向电子设备、新材料等行业横向扩张； 同时进一步丰富公司产品结构，构建以电子胶水、锂离子电池材料为主的核心产品，并提供系统的产品 供应解决方案，保持公司产品和技术的领先优势与多样性，致力于成为领先的新材料及产品解决方案提 供商。 从客户结构角度观察，公司不断深化与华为、比亚迪、格力、富士康等行业头部客户的战略合作，持续 提高市场份额和品牌影响力，凭借多年来定制化服务能力和稳定的产品输出，持续赢得核心客户及行业 的高度认可。 在化工材料领域，公司旗下胶粘剂业务持续呈现增长态势。数据显示，2025年上半年胶粘剂产品实现营 业收入1.31亿元，销售额再创新高 ...

日前， 瑞泰新材 公告称，控股子公司华荣化工拟以2.15亿元现金收购27名自然人股东持有的8.8556%股 权。 交易完成后，这些自然人的股权将被注销，瑞泰新材对华荣化工的持股比例将从91.14%上升至100%。 本次收购的27名自然人股东中，包括公司董事、监事、高级管理人员等7名关联方。其中，郭军（公司 监事）持有1.3744%股权，交易对价约2981万元；王一明（董事兼副总裁）持有1.0005%股权，交易对 价约2172万元；其他五位监事、财务总监及总裁助理合计持有约1.7%股权，交易对价约3690万元。 这些关联方的合计交易金额达到约1.1亿元，占本次收购总价的一半以上。 评估报告显示，采用收益法评估的自然人股权价值为2.15亿元，较按持股比例折算的净资产账面价值减 值10%。这一折价评估却对应高额现金退出，引发了市场对交易合理性的质疑。 瑞泰新材主要从事锂离子电池材料以及硅烷偶联剂等业务。2025年半年度报告显示，公司营业收入9.75 亿元，同比下降7.36%，归母净利润8190.97万元，同比下降24.19%，扣非净利润7906.24万元，同比下 降27.57%，经营状况不容乐观。 从单季度数据看， ...

证券代码：002091 证券简称：江苏国泰 公告编号：2025-68 转债代码：127040 转债简称：国泰转债 江苏国泰国际集团股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 为深入贯彻落实国务院发布的《关于加强监管防范风险推动资本市场高质量 发展的若干意见》以及《关于进一步提高上市公司质量的意见》的相关决策与部 署，积极响应深圳证券交易所发起的"质量回报双提升"专项行动，江苏国泰国 际集团股份有限公司（以下简称"公司"或"江苏国泰"）结合自身发展战略、 经营情况及财务状况，制定了"质量回报双提升"行动方案。具体内容如下： 一、聚焦主营业务，推动高质量可持续发展 公司目前的主要业务有供应链服务和化工新能源业务。一方面，公司供应链 服务以消费品进出口贸易为主，面向国际国内两个市场，聚焦生活消费品，致力 于提供全供应链一站式增值服务。作为供应链组织服务商，公司构建了全流程、 专业化的服务体系，涵盖产品设计研发、材料采购、生产管控、报关、保险等各 个环节全产业链，致力于提升供应链整体的竞争力和盈利能力，为客户创造多元 价值。公司坚持进出口主营业务不动 ...

Core Viewpoint - The stock price of Ruitai New Materials closed at 18.96 yuan on August 21, 2025, reflecting a decline of 1.76% from the previous trading day [1] Group 1: Company Overview - Ruitai New Materials is a subsidiary of Jiangsu Guotai and primarily engages in the research, production, and sales of lithium-ion battery materials and silane coupling agents [1] - The company plans to continuously monitor the main raw material market and adjust its procurement plans to mitigate the impact of price fluctuations [1] Group 2: Market Activity - On August 21, the trading volume was 99,033 hands, with a total transaction amount of 188 million yuan [1] - The net outflow of main funds on August 21 was 11.48 million yuan, with a cumulative net outflow of 53.84 million yuan over the past five days [1]

Group 1 - The company did not use any raised funds for permanent working capital supplementation or bank loan repayment during the first half of 2025 [1] - There were no raised funds used for ongoing or new projects, including asset acquisitions, in the first half of 2025 [1] - The company reported no usage of surplus raised funds during the first half of 2025 [1] Group 2 - The company has complied with the regulations regarding the disclosure of raised funds, ensuring timely, truthful, accurate, and complete reporting without any violations [2] - The company adjusted the amount of raised funds allocated to investment projects based on the actual net amount raised and project conditions, with clear agreement from independent directors and the supervisory board [3][4] Group 3 - The company provided a loan of 73,600,000 yuan from raised funds to its wholly-owned subsidiary for the expansion project of lithium-ion battery materials, with a loan term of 10 years [4] - The project for expanding the production of lithium-ion battery materials has a total investment of 99,000,000 yuan, with construction having commenced in January 2023 [7] Group 4 - The company postponed the expected completion date of the lithium-ion battery materials expansion project from June 2024 to December 2025, based on actual construction progress [5][6] - The postponement does not alter the project’s implementation subject, total investment, or construction scale, ensuring no change in the direction of raised funds [6] Group 5 - The company adjusted its expected daily related transactions for 2025 to 70,720,690 yuan, an increase of 862,000 yuan from the original estimate [10] - The adjustments were made in response to the restructuring of the indirect controlling shareholder and the actual business needs, ensuring fair pricing and no adverse impact on the company's independence [8][11] Group 6 - The company’s indirect controlling shareholder, the Fujian Provincial Government State-owned Assets Supervision and Administration Commission, transferred 80% of its stake in Fujian Metallurgy (Holding) Co., Ltd. to the Fujian Industrial Holding Group, creating new related parties for the company [9][14] - The company confirmed that the daily related transactions are based on voluntary, equal, and mutually beneficial principles, ensuring no harm to the interests of the company and its shareholders [18] Group 7 - The company held a supervisory board meeting where various reports, including the half-year report and profit distribution plan, were approved [24][27] - The company decided to abolish the supervisory board, transferring its responsibilities to the audit committee of the board of directors, and made corresponding amendments to its articles of association [29][30]

Macroeconomic Group - In the first seven months of 2025, national general public fiscal revenue increased by 0.1% year-on-year, marking the first positive growth of the year, with a recovery of 0.4 percentage points compared to the first half of the year [3] - General public fiscal expenditure increased by 3.4% year-on-year, remaining stable compared to the first half of the year, with central government expenditure decreasing by 0.2 percentage points to 8.8% and local government expenditure decreasing by 0.1 percentage points to 2.5% [3] - Government fund revenue decreased by 0.7% year-on-year, while government fund expenditure growth was 31.7%, indicating a significant increase in spending driven by special bonds and central financial institution injections [3] Industry Comprehensive Group - Rare earth prices have significantly increased, with neodymium oxide prices rising to 555,000-560,000 yuan per ton, reflecting a 23% increase over the past four trading days and nearly 40% year-to-date [7] - Pengding Holdings announced an investment of 8 billion yuan to build an industrial park in Huai'an, expanding production capacity for PCB products, indicating optimism in the PCB industry due to high demand for advanced HDI boards [7] - The national railway initiated its second tender for high-speed trains in 2025, with a total of 210 sets, indicating a strong recovery in the railway equipment sector and expectations for continued high growth in the industry [8] Advanced Manufacturing Group - Leap Motor reported a 174% year-on-year increase in revenue to 24.25 billion yuan in the first half of 2025, driven by a 155.7% increase in total deliveries to 221,700 units [10] - The company has established a global sales network covering approximately 30 international markets, with exports reaching 24,980 units, indicating strong international growth [10] - Cost control measures have effectively reduced costs while maintaining product quality, enhancing the company's competitiveness in the market [10] Consumer Group - Pop Mart reported a 204.4% year-on-year increase in revenue to 13.88 billion yuan in the first half of 2025, with net profit increasing by 385.6% to 4.68 billion yuan, driven by significant growth in both domestic and overseas markets [14] - The company saw a 135% increase in domestic revenue and a 440% increase in overseas revenue, with a notable rise in membership numbers [14] - Huace Film and Television reported a 114.94% year-on-year increase in total revenue to 790 million yuan, driven by strong sales of television dramas and business expansion [15]

Group 1 - The stock price of ChaoPing San is 6.88 yuan as of August 7, 2025, with a decrease of 0.03 yuan, representing a decline of 0.43% [1] - The company reported a trading volume of 154,000 hands and a transaction amount of 106 million yuan, with a turnover rate of 3.37% on the same day [1] - ChaoPing San's main business includes lithium-ion battery materials, electronic product cooling devices, and related LED industry chain [1] Group 2 - The company achieved an operating revenue of 474 million yuan in the first half of 2025, marking a year-on-year increase of 18.47% [1] - The net profit attributable to the parent company was 11.31 million yuan, indicating a turnaround from loss to profit compared to the same period last year [1] - The net cash flow from operating activities significantly improved, reaching 88.14 million yuan year-on-year [1] Group 3 - On August 7, 2025, the net outflow of main funds was 20.20 million yuan, accounting for 0.64% of the circulating market value [1] - Over the past five trading days, the cumulative net outflow was 16.28 million yuan, representing 0.52% of the circulating market value [1]

Group 1 - The latest stock price of Tianci Materials is 19.06 yuan, an increase of 0.11 yuan from the previous trading day [1] - The opening price for the day was 18.96 yuan, with a highest point of 19.36 yuan and a lowest point of 18.91 yuan, resulting in a trading volume of 244,700 hands and a transaction amount of 467 million yuan [1] - Tianci Materials specializes in the research, production, and sales of lithium-ion battery materials, daily chemical materials, and specialty chemicals, holding a significant market position in the lithium battery electrolyte sector [1] Group 2 - As of August 5, the net inflow of main funds into Tianci Materials was 2.2976 million yuan, while the cumulative net outflow over the past five trading days reached 212 million yuan, accounting for 0.8% of the circulating market value [1]

Group 1 - The latest stock price of Ruitai New Materials is 18.41 yuan, reflecting an increase of 0.60% compared to the previous trading day [1] - The trading volume on that day was 56,929 hands, with a transaction amount of 104 million yuan, and the price fluctuation was 2.51% [1] - Ruitai New Materials specializes in the research, production, and sales of lithium-ion battery materials, primarily used in new energy vehicle power batteries and energy storage batteries [1] Group 2 - The company is involved in cutting-edge technology fields such as solid-state batteries and sodium-ion batteries [1] - On August 4, the net outflow of main funds was 21.59 million yuan, with a cumulative net outflow of 78.94 million yuan over the past five trading days [1] - The current total market value of the company is 13.501 billion yuan, with a price-to-earnings ratio of 128.45 times [1]