格隆汇9月12日丨飞荣达(300602.SZ)在互动平台表示，公司目前是苹果的原材料供应商，部分产品间接 供应给客户。公司一直与各头部品牌终端厂商保持密切合作，有向终端客户提供散热模组、风扇、热 管、VC、石墨片及石墨烯等导热材料及器件，电磁屏蔽材料及器件等相关产品。 ...

深圳市鸿富瀚科技股份有限公司投资者关系活动记录表 证券代码：301086 证券简称：鸿富瀚 答：尊敬的投资者，您好！公司于 2025 年 8 月开始实施 股份回购，回购股份用于员工持股计划或者股权激励，同时也 能增强投资者对于公司发展的信心和价值认可，公司将总结前 期限制性股票计划实施的相关经验，综合业务发展和市场环 境，优化员工激励机制，择机推进后续轮次的股权激励计划或 员工持股计划。感谢您的关注！ 10.请问公司上半年营收增加，但是利润下滑的主要原因 是什么？ 答：尊敬的投资者，您好！2025 年上半年，公司多项费 用及成本同比出现增长，具体原因与业务规模扩张、运营投入 增加等因素直接相关。目前正处于消费电子传统旺季，公司订 单处于饱和状态，随着产能利用率的提升，各项指标将不断改 善。未来，公司将继续加大新客户、大客户的挖掘和服务，同 时重点聚焦散热产品在服务器领域的拓展力度，持续扩大市场 份额，将为公司未来的业务发展提供良好的外部机遇与增长空 间，公司对未来发展前景充满信心。公司的具体经营及订单情 况请以定期报告为准。感谢您的关注！ 11.公司与 Meta、Amazon 的合作主要体现在哪些方面？能 否 ...

Group 1 - The lithium battery sector has become a new choice for short-term capital, with significant stock price increases observed on September 5, where the Wind Power Battery Index rose by 9.64% [1] - The performance of various segments within the lithium battery industry shows a clear divergence, with the negative electrode materials and electrolyte sectors experiencing substantial revenue growth, while the positive electrode materials and lithium battery separators lagged behind [2][4] - The electrolyte sector demonstrated the most notable improvement in performance, with average revenue growth of 20.77% and net profit growth of 35.4% among the 11 sample companies analyzed [5][6] Group 2 - The core material, lithium hexafluorophosphate, showed significant performance improvements, with revenue growth of 16.07% and net profit growth of 40.87% [5] - Despite a decline in sales prices, the sales volume of electrolytes increased significantly, leading to a rise in sales revenue [5][6] - The negative electrode materials sector also saw revenue growth of 25.62% and net profit growth of 119.19%, although some companies faced challenges with declining profit margins [8][9] Group 3 - The positive electrode materials and separators faced weaker performance, with net profit declines of 54.38% and 1.3% respectively, indicating a broader trend of profit margin compression across the industry [9][10] - The overall trend shows that while some companies are experiencing revenue growth, many are struggling with declining profit margins, suggesting that the price bottom for lithium battery materials has not yet been reached [10] - The mixed operations of lithium battery companies complicate the reflection of industry conditions in their performance, as many companies engage in multiple segments [11][12]

记者丨 董鹏 编辑丨朱益民 视频编辑丨 许婷婷 板块轮动之下，锂电股成为了短期资金的新选择。 9月5日，锂电行业公司全线大涨，当天wind动力电池指数大涨9.64%。其中，负极材料、电解 液行业指数涨幅分别达到9.23%和9.19%，正极材料、锂电隔膜涨幅其次，分别为7.87%和 5.25%。 | | | Wind锂电各环节业绩表现 | | | --- | --- | --- | --- | | 行业 | | 营业收入增速 扣非后净利润增速 经营活动现金流净额增速 | | | 锂电负极 | 25.62% | 119.19% | -130.54% | | 六氟磷酸锂 | 16.07% | 40.87% | 154.23% | | 锂电电解液 | 20.77% | 35.40% | 43.36% | | 锂电隔膜 | 7.85% | -1.31% | 992.11% | | 锂电正极 | 11.87% | -54.38% | -31.23% | | | | | ***** | 上述差异化的股价走势，与各细分领域的基本面保持一致， 上半年负极材料、电解液相关公 司的业绩增速明显更好 。 "2025年上半年新能源锂电 ...

Group 1 - The lithium battery sector has become a new choice for short-term capital, with significant stock price increases observed on September 5, where the power battery index rose by 9.64% [1] - The performance of sub-sectors such as anode materials and electrolytes showed notable differences, with the electrolyte sector achieving an average net profit growth of 35.4% in the first half of the year, while the positive electrode materials and lithium battery separators experienced declines [1][2] Group 2 - The electrolyte industry demonstrated the most significant performance improvement among the four main lithium battery materials, with 10 out of 11 sample companies reporting revenue growth and 9 companies showing an increase in net profit [2] - Key performance indicators for the electrolyte sector, including average revenue growth of 20.77%, net profit growth of 35.4%, and cash flow growth of 43.36%, indicate strong operational performance [2] Group 3 - The improvement in operating performance is more closely related to production and sales volume rather than electrolyte prices [3] - The domestic production of electrolytes is projected to reach 941,000 tons in the first half of 2025, reflecting a year-on-year growth of 54.57% [4] Group 4 - Leading companies such as Tianqi Materials and Xinzhou Bang reported significant increases in electrolyte sales, despite facing challenges from weak overseas demand and intense domestic competition [5][6] - Tianqi Materials achieved a revenue of 6.302 billion yuan from its lithium-ion battery materials business, marking a 33.18% increase compared to the previous year [6] Group 5 - The anode materials sector also saw growth, with six companies reporting revenue and net profit growth rates of 25.62% and 119.19%, respectively [9] - However, some companies like Xiangfenghua experienced declines in both revenue and profit due to increased competition and price drops in the graphite anode materials market [10] Group 6 - The performance of the lithium battery separator and positive electrode materials sectors was weaker, with average net profit declines of 1.3% and 54.38%, respectively [12] - Companies in these sectors, such as Xingyuan Material, faced significant drops in profit margins, with some reporting the lowest net profits in five years [12] Group 7 - The mixed operations of lithium battery companies, which often produce multiple materials, complicate the reflection of industry conditions in their performance [13]

Group 1 - The company ShuoBeide (300322) specializes in thermal management products including heat pipes, vapor chambers (VC), liquid cooling plates, and thermal modules [1] - The products are applicable in various sectors such as mobile phones, gaming consoles, laptops, base stations, servers, photovoltaic energy storage, and new energy vehicles [1]

Group 1 - The company has produced and supplied VC (various thicknesses and materials) [1] - The company is actively researching and developing more types of VC in response to market changes [1]

Group 1 - The core viewpoint of the news is that Huasheng Lithium Battery has seen a significant increase in stock price, rising by 5.02% to 35.55 yuan per share, with a trading volume of 210 million yuan and a market capitalization of 5.67 billion yuan [1] - Huasheng Lithium Battery, established on August 4, 1997, focuses on the research, production, and sales of lithium battery electrolyte additives, with its main business revenue composition being 67.54% from VC, 27.01% from FEC, and 5.44% from other sources [1] Group 2 - Xinhua Fund's Xin Dongli Flexible Allocation Mixed A Fund (002083) has entered the top ten circulating shareholders of Huasheng Lithium Battery, holding 724,300 shares, which accounts for 1.16% of the circulating shares, resulting in an estimated floating profit of approximately 1.23 million yuan [2][4] - The Xin Dongli Flexible Allocation Mixed A Fund has a total scale of 494 million yuan, with a year-to-date return of 7.55% and a one-year return of 28.91% [2] Group 3 - The fund manager of Xin Dongli Flexible Allocation Mixed A Fund includes Cai Chunhong, Yu Jiaying, and Cui Guxin, with Cai having a tenure of 10 years and 45 days, managing assets of 1.177 billion yuan, and achieving a best return of 56.35% during his tenure [3] - Yu Jiaying has a tenure of 1 year and 102 days, managing 862 million yuan, with a best return of 22.8%, while Cui Guxin has a tenure of 2 years and 265 days, managing 809 million yuan, with a best return of -33.2% [3]

Core Insights - On August 29, Huasheng Lithium Electric's stock rose by 3.68%, with a trading volume of 227 million yuan [1] - The company reported a financing buy-in of 23.79 million yuan and a financing repayment of 26.98 million yuan on the same day, resulting in a net financing outflow of 3.19 million yuan [1] - As of August 29, the total balance of margin trading for Huasheng Lithium Electric was 146 million yuan, accounting for 3.63% of its market capitalization [1] Financing Summary - On August 29, Huasheng Lithium Electric had a financing buy-in of 23.79 million yuan, with a current financing balance of 146 million yuan [1] - The financing balance exceeds the 90th percentile level over the past year, indicating a high level of financing activity [1] Securities Lending Summary - On August 29, there were no shares repaid or sold in the securities lending market, resulting in a total lending balance of 0 yuan [1] - The securities lending balance also exceeds the 90th percentile level over the past year, indicating a high level of inactivity in this area [1] Company Overview - Huasheng Lithium Electric, established on August 4, 1997, is located in Jiangsu and focuses on the research, production, and sales of lithium battery electrolyte additives [1] - The company's main revenue sources are VC (67.54%), FEC (27.01%), and others (5.44%) [1] Financial Performance - As of June 30, the number of shareholders for Huasheng Lithium Electric increased by 15.78% to 10,800, while the average circulating shares per person decreased by 13.63% to 5,776 shares [2] - For the first half of 2025, the company achieved a revenue of 350 million yuan, representing a year-on-year growth of 72.02%, while the net profit attributable to shareholders was -72.74 million yuan, a decrease of 0.30% year-on-year [2] - Since its A-share listing, Huasheng Lithium Electric has distributed a total of 157 million yuan in dividends [2] Institutional Holdings - As of June 30, 2025, the top ten circulating shareholders included new entrants such as Xinhua Xin Power Flexible Allocation Mixed A (holding 724,300 shares) and Huawan Low Carbon Life Mixed A (holding 573,100 shares) [2]

Group 1 - The company has a focus on heat dissipation products, including heat pipes, VC, liquid cooling plates, and cooling modules [2] - These products are applicable in various fields such as mobile phones, gaming consoles, laptops, base stations, servers, photovoltaic energy storage, and new energy vehicles [2]