Core Insights - The steel raw materials sector experienced a significant increase of 4.38% on January 21, with Dazhong Mining leading the gains [1] - The Shanghai Composite Index closed at 4116.94, up 0.08%, while the Shenzhen Component Index closed at 14255.12, up 0.7% [1] Sector Performance - Dazhong Mining (001203) saw a closing price of 30.66, with a rise of 10.01% and a trading volume of 329,400 shares, amounting to a transaction value of 983 million yuan [1] - Erdos (600295) closed at 15.67, up 4.82%, with a trading volume of 239,400 shares and a transaction value of 371 million yuan [1] - Jinding Mining (000655) increased by 2.79% to close at 10.30, with a trading volume of 162,100 shares and a transaction value of 165 million yuan [1] - Other notable performers include Baodi Mining (601121) and Guangdong Mingzhu (600382), both rising by 2.79% and 2.76% respectively [1] Capital Flow - The steel raw materials sector saw a net inflow of 421 million yuan from institutional investors, while retail investors experienced a net outflow of 368 million yuan [1] - Dazhong Mining had a net inflow of 2.38 billion yuan from institutional investors, but a net outflow of 1.90 billion yuan from retail investors [2] - Steel Titanium Co. (000629) recorded a net inflow of 80 million yuan from institutional investors, while retail investors had a net outflow of 1.07 billion yuan [2]

管理人于2026年1月11日10时至2026年1月12日在淘宝网司法拍卖网络平台（处置单位：上海维罗纳置业 发展有限公司管理人，监督单位：上海市第三中级人民法院）进行公开拍卖活动，拍卖标的为上海市建 国西路办公楼1幢（建筑面积2，997.83平方米）。上海方大竞买成交，拍卖成交价格4.56亿元。 来源：不止是钢货 方大炭素（600516）发布全资子公司购置办公楼的公告： 一、交易概述 （一）司法拍卖的基本情况 上海市第三中级人民法院于2024年11月28日作出（2024）沪03破1075号民事裁定书，裁定受理上海维罗 纳置业发展有限公司（以下简称维罗纳公司）破产清算一案。并于2024年12月5日指定上海市汇业律师 事务所担任管理人（以下简称管理人）。 1．房屋坐落：建国西路，总层数：4层，权利人：上海维罗纳置业发展有限公司，房地产权证号：徐 2014019797，房屋类型：办公楼。 2．土地坐落：建国西路，土地宗地号：徐汇区天平街道74街坊11丘，土地用途：办公。 （二）无对外租赁。 本次交易是为满足上海方大业务发展的需要。特此公告。方大炭素新材料科技股份有限公司董事会2026 年1月13日 如果您对本微信文 ...

Core Viewpoint - Fangda Carbon (600516) plans to issue a maximum of 1 billion yuan in technology innovation bonds to enhance its technological capabilities and fund various operational activities [1] Group 1: Bond Issuance Details - The company will hold its first extraordinary shareholders' meeting on January 26, 2026, to review the proposal for the bond issuance [1] - The bonds will be registered with the China Interbank Market Dealers Association and will have a maximum issuance amount of 1 billion yuan, including the 1 billion yuan [1] - The bonds will be ultra-short-term financing instruments with a maturity of no more than 270 days, and the interest rate will be determined based on market conditions at the time of issuance [1] Group 2: Use of Proceeds - The funds raised from the bond issuance will be used for various purposes, including project construction in the field of technological innovation, research and development investments, mergers and acquisitions (including equity participation), debt repayment, and working capital supplementation [1] - The issuance aims to enhance the company's technological innovation capabilities and broaden the sources of funding for acquisitions [1]

Market Overview - The steel raw materials sector experienced a decline of 1.85% on January 20, with Fangda Carbon leading the drop [1] - The Shanghai Composite Index closed at 4113.65, down 0.01%, while the Shenzhen Component Index closed at 14155.63, down 0.97% [1] Individual Stock Performance - Guangdong Mingzhu saw an increase of 2.36%, closing at 8.68, with a trading volume of 567,700 shares and a transaction value of 486 million yuan [1] - Baodi Mining increased by 1.54%, closing at 7.89, with a trading volume of 203,100 shares and a transaction value of 158 million yuan [1] - Steel Titanium Co. rose by 0.85%, closing at 3.56, with a trading volume of 2,017,800 shares and a transaction value of 709 million yuan [1] - Other stocks like Erdos, Jinling Mining, and Dazhong Mining experienced declines of 1.19%, 1.57%, and 1.94% respectively [1] Capital Flow Analysis - The steel raw materials sector saw a net outflow of 149 million yuan from main funds, while retail investors contributed a net inflow of 127 million yuan [1] - Dazhong Mining had a main fund net inflow of 16.29 million yuan, but a retail net outflow of 26.49 million yuan [2] - Fangda Carbon experienced a significant main fund net outflow of 1.19 billion yuan, with retail investors contributing a net inflow of 72.09 million yuan [2]

方大炭素新材料科技股份有限公司 2026年第一次临时股东会会议资料 2026年1月26日 1 2026年第一次临时股东会资料之一 方大炭素新材料科技股份有限公司 2026年第一次临时股东会会议议程 本次股东会所采用的表决方式是现场投票和网络投票相结 合的方式。采用上海证券交易所网络投票系统，通过交易系统 投票平台的投票时间为2026年1月26日的交易时间段，即9:15— 9:25，9:30—11:30，13:00—15:00；通过互联网投票平台的投票 时间为2026年1月26日9:15—15:00。 三、会议召集人：方大炭素董事会。 四、参会人员：股东或股东代表、董事、高级管理人员及聘 请的见证律师等。 五、会议主要议程 一、现场会议时间：2026年1月26日 15点00分。 序号 议案名称 投票股东类型 A 股股东 非累积投票议案 1 关于公司拟注册发行科技创新债券的议案 √ 二、现场会议地点：甘肃省兰州市红古区海石湾镇方大炭素 办公楼五楼会议室。 2 （一）介绍议案 3 2026年第一次临时股东会资料之二 方大炭素新材料科技股份有限公司 关于公司拟注册发行科技创新债券的议案 各位股东： 为积极响应国家科技 ...

Core Viewpoint - The company plans to hold its first extraordinary general meeting of shareholders in 2026 on January 26, to discuss the issuance of technology innovation bonds [1] Group 1: Meeting Details - The meeting will utilize a combination of on-site and online voting methods [1] - The agenda includes the proposal to register and issue technology innovation bonds [1] Group 2: Bond Issuance - The company intends to apply for the registration and issuance of technology innovation bonds not exceeding 1 billion yuan [1] - The bonds will be short-term financing instruments with a maximum term of 270 days [1] - The issuance interest rate will be determined based on market conditions [1] Group 3: Fund Utilization - The funds raised from the bond issuance will be used for the company's production and operational activities [1] - The board of directors will seek authorization from the shareholders' meeting to handle related matters [1]

Core Viewpoint - Fangda Carbon's stock price has experienced significant volatility, with a current decline of 5.18% and a trading volume of 56.72 million shares, amounting to 327 million yuan, following the release of its latest earnings forecast indicating a projected net profit of 60.44 million to 101 million yuan for 2025, representing a year-on-year decrease of 45.85% to 67.51% [2] Group 1: Stock Performance - Fangda Carbon's stock price dropped by 5.18% as of 9:56 AM today [2] - The trading volume reached 56.72 million shares, with a total transaction value of 327 million yuan [2] - The turnover rate for the stock was recorded at 1.41% [2] Group 2: Earnings Forecast - The company has projected a net profit for 2025 between 60.44 million and 101 million yuan [2] - This forecast indicates a significant year-on-year decline in net profit, estimated between 45.85% and 67.51% [2] Group 3: Market Activity - Recent data shows that Fangda Carbon has experienced a net outflow of 157 million yuan in principal funds over the past five days [2] - On the previous trading day, there was a net inflow of 7.78 million yuan in principal funds [2] - The latest margin trading data indicates a total margin balance of 836 million yuan, with a financing balance of 827 million yuan, reflecting a decrease of 10.26 million yuan over the past five days, a decline of 1.23% [2]

Group 1: Poly Development - Poly Development expects a net profit of 1.026 billion yuan for 2025, a decrease of 79.49% year-on-year [1] - The net profit excluding non-recurring gains and losses is projected to be 628 million yuan, down 85.25% year-on-year [1] - The decline in performance is attributed to a decrease in gross profit margin from real estate project transfers and an estimated asset impairment loss of approximately 6.9 billion yuan [2] Group 2: Huichuan Technology - Huichuan Technology is planning to issue H-shares and list on the Hong Kong Stock Exchange to enhance its international strategy and brand image [3] Group 3: Guizhou Platinum Industry - Guizhou Platinum Industry's non-public stock issuance has been approved, aiming to raise up to 1.291 billion yuan for technology innovation and working capital [4] Group 4: Yingfang Micro - Yingfang Micro intends to acquire 100% of Shanghai Xiaokeli and First Technology China through a combination of share issuance and cash payment [5][6] Group 5: ST New Power - ST New Power received a regulatory letter from the Shenzhen Stock Exchange due to inconsistencies in the voting results of a recent shareholder meeting [7] Group 6: Zhengfan Technology - Zhengfan Technology received a warning letter from the Shanghai Securities Regulatory Bureau for irregularities in its management and investment operations [8] Group 7: Trina Solar - Trina Solar expects a net loss of 6.5 billion to 7.5 billion yuan for 2025, impacted by supply-demand imbalances and rising raw material costs [9] Group 8: China Great Wall - China Great Wall anticipates a net loss of 35 million to 70 million yuan for 2025, although it expects to significantly reduce its losses compared to the previous year [10] Group 9: Liangpin Shop - Liangpin Shop forecasts a net loss of 120 million to 160 million yuan for 2025, with losses widening due to store closures and reduced product prices [11] Group 10: Sun Energy - Sun Energy expects a net profit of 182 million to 259 million yuan for 2025, a decrease of 81% to 87% year-on-year, primarily due to falling coal prices [12] Group 11: Chengdu Huami - Chengdu Huami anticipates a net profit of 213 million to 255 million yuan for 2025, an increase of 74.35% to 108.73% year-on-year, driven by increased demand in the special integrated circuit industry [13][14] Group 12: Shui Jing Fang - Shui Jing Fang expects a net profit of 392 million yuan for 2025, a decrease of 71% year-on-year, due to a challenging environment in the liquor industry [15] Group 13: Xian Dao Ji Dian - Xian Dao Ji Dian projects a net loss of 138 million to 92 million yuan for 2025, a shift from a profit of 108 million yuan in the previous year [16] Group 14: Tian Tong Co. - Tian Tong Co. expects a net loss of 120 million to 170 million yuan for 2025 [17] Group 15: Hunan YN - Hunan YN anticipates a net profit of 1.15 billion to 1.4 billion yuan for 2025, a growth of 93.75% to 135.87% year-on-year, driven by the rapid development of the new energy vehicle market [18] Group 16: Qi Yi Er - Qi Yi Er forecasts a net loss of 350 million to 550 million yuan for 2025 [19] Group 17: Ding Long Co. - Ding Long Co. expects a net profit of 700 million to 730 million yuan for 2025, an increase of 34.44% to 40.20% year-on-year, supported by strong growth in semiconductor and display materials [20] Group 18: Wan Tong Development - Wan Tong Development anticipates a net loss of 500 million to 750 million yuan for 2025, with losses widening due to strategic shifts and impairment losses [21] Group 19: Hua Ce Testing - Hua Ce Testing expects a net profit of 1.013 billion to 1.021 billion yuan for 2025, a growth of 10% to 11% year-on-year, driven by strategic advancements and operational improvements [22] Group 20: Nanwang Energy - Nanwang Energy projects a net profit of 300 million to 360 million yuan for 2025, marking a turnaround from a loss in the previous year [24] Group 21: Fang Da Carbon - Fang Da Carbon anticipates a net profit of 60.44 million to 101 million yuan for 2025, a decrease of 45.85% to 67.51% year-on-year [25] Group 22: Datang Telecom - Datang Telecom expects a net loss of 39 million to 56 million yuan for 2025 [26] Group 23: Huajian Group - Huajian Group forecasts a net profit of 62 million to 80.6 million yuan for 2025, a decrease of 79.4% to 84.2% year-on-year, due to competitive pressures [27] Group 24: Shanghai Petrochemical - Shanghai Petrochemical expects a net loss of approximately 1.289 billion to 1.576 billion yuan for 2025, a shift from profit due to declining oil prices and reduced demand [28] Group 25: Jiangzhong Pharmaceutical - Jiangzhong Pharmaceutical has changed its name to Huaren Jiangzhong Pharmaceutical, with the stock code remaining the same [29] Group 26: Hebang Bio - Hebang Bio anticipates a net loss of 470 million to 570 million yuan for 2025 [30] Group 27: Mingtai Aluminum - Mingtai Aluminum expects a net profit of 1.95 billion to 2 billion yuan for 2025, a growth of 12% to 14% year-on-year, driven by advancements in low-carbon products [31]

Group 1 - The company expects a net profit attributable to shareholders for the year 2025 to be between 60.44 million and 101 million yuan, representing a decrease of 85.2831 million to 126 million yuan compared to the same period last year, which is a year-on-year decline of 45.85% to 67.51% [1] - The primary reason for the performance change is the decline in sales prices of the company's main products, which has a significant impact on performance [1] - Despite the challenging international situation, fluctuating market environment, and intense competition within the industry, the company focuses on high-quality development and innovation, successfully increasing sales volume of its main products and expanding into emerging non-steel sectors, thereby solidifying its position as an industry leader [1]

预计 2025 年度实现归属于上市公司股东的扣除非经常性损益的净利润-11,385.35 万元到-13,612.92 万 元，同比减少 345.12%到393.08%。 格隆汇1月19日丨方大炭素(600516.SH)公布，经方大炭素新材料科技股份有限公司财务部门初步测算， 预计2025 年度实现归属于上市公司股东的净利润为 6044.33万元到1.01亿元，同比减少45.85%到 67.51%。 ...