Core Viewpoint - The company reported significant growth in both revenue and net profit for the third quarter and the first three quarters of 2025, driven by its key metal resource recycling and new energy battery materials business [1] Financial Performance - The company's third-quarter revenue reached 9.937 billion yuan, representing a year-on-year increase of 31.89% [1] - Net profit for the third quarter was 310 million yuan, showing a year-on-year growth of 52.99% [1] - For the first three quarters of 2025, total revenue was 27.498 billion yuan, up 10.55% year-on-year [1] - Net profit for the first three quarters was 1.109 billion yuan, reflecting a year-on-year increase of 22.66% [1] Business Drivers - Key metal resource recycling, power lithium battery recycling, and new energy battery materials have been crucial in driving the company's performance growth [1] - The increase in key metal recycling and the full production capacity of Indonesian nickel resources have significantly contributed to the company's historical performance highs [1] - The high-end new energy materials market continues to show breakthroughs, further supporting the company's growth trajectory [1]

证券代码：002340 证券简称：格林美 公告编号：2025-116 （1）现场会议时间：2025 年 11 月 21 日 10:00 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间为 2025 年 11 月 21 日 9:15-9:25，9:30-11:30，13:00-15:00；通过深圳证券交易所互联网投票系统投票的 具体时间为 2025 年 11 月 21 日 9:15 至 15:00 的任意时间。 格林美股份有限公司 关于召开 2025 年第六次临时股东会的通知 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。 一、召开会议的基本情况 1、股东会届次：2025 年第六次临时股东会 2、股东会的召集人：董事会 3、本次会议的召集、召开符合《中华人民共和国公司法》《深圳证券交易所股票上 市规则》《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》等 法律、行政法规、部门规章、规范性文件及《公司章程》的有关规定。 4、会议时间： 5、会议的召开方式：现场表决与网络投票相结合。 6、会议的股权登记日：2025 年 11 月 ...

证券代码：002340 证券简称：格林美 公告编号：2025-113 格林美股份有限公司 第七届董事会第九次会议决议公告 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。 一、董事会会议召开情况 格林美股份有限公司（以下简称"公司"）第七届董事会第九次会议通知已于 2025年10月27日，分别以书面、传真或电子邮件等方式向公司全体董事发出，会 议于2025年10月30日以通讯表决方式召开。本次会议应参加会议的董事6人，实 际参加会议的董事6人。出席会议的人数超过董事总数的二分之一，表决有效。 会议召开的时间、地点及方式均符合《中华人民共和国公司法》及《公司章程》 的有关规定。 二、董事会会议审议情况 （http://www.cninfo.com.cn）。 本议案已经公司审计委员会审议通过。 本议案尚需提交公司2025年第六次临时股东会审议。 （一）会议以6票同意、0票反对、0票弃权，审议通过了《2025年第三季度 报告》。 《2025年第三季度报告》详见公司指定信息披露媒体《中国证券报》《证券 时报》《上海证券报》《证券日报》和巨潮资讯网（http://www. ...

Financial Performance - The company's operating revenue for the third quarter reached ¥9,936,957,661.81, an increase of 31.89% compared to the same period last year[5] - Net profit attributable to shareholders was ¥309,644,817.94, reflecting a growth of 52.99% year-on-year[5] - The basic earnings per share increased by 50.00% to ¥0.06, while diluted earnings per share also rose by 50.00% to ¥0.06[5] - For the first three quarters of 2025, the company reported a total revenue of 27.498 billion RMB, reflecting a year-on-year growth of 10.55%, and a net profit of 1.109 billion RMB, which is a 22.66% increase[12] - Net profit for the current period was ¥1,313,130,620.98, representing a 23.6% increase from ¥1,062,051,823.41 in the previous period[41] - Earnings per share (EPS) for the current period was ¥0.22, compared to ¥0.18 in the previous period, indicating a growth of 22.2%[42] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥72,263,521,948.65, representing an 8.18% increase from the end of the previous year[5] - Total liabilities rose to ¥46,938,957,348.75, compared to ¥43,296,921,373.26 in the previous period, reflecting an increase of 6.1%[38] - Total equity increased to ¥25,324,564,599.90 from ¥23,499,803,083.93, showing a growth of 7.8%[38] - Current assets totaled approximately ¥28.36 billion, up from ¥25.82 billion at the start of the period, indicating strong liquidity[35] Investment and Income - The company reported a significant increase in investment income of ¥3,840,000,000, marking a growth of 9,468.11% due to the sale of ECOPRO MAT shares[8] - The company reported investment income of ¥388,126,178.94, significantly higher than ¥4,056,454.96 in the previous period[41] - The company recorded non-operating income of ¥198,395,722.05 for the reporting period, down from ¥288,018,326.04 in the previous year[7] Production and Operations - The company’s nickel metal shipments from its Indonesian project reached 35,939 tons in Q3 2025, with a total of 79,916 tons for the first three quarters, marking a 151% year-on-year increase[15] - The company self-produced 6,534 tons of cobalt metal in Q3 2025, effectively countering a six-month cobalt embargo from the Democratic Republic of Congo[15] - The company recycled 36,643 tons of power batteries in the first three quarters of 2025, representing a 59% year-on-year growth[17] - The company’s tungsten resource recovery shipments reached 5,590 tons in the first three quarters of 2025, a year-on-year increase of 22%[17] - The company’s nickel-cobalt precursor shipments exceeded 120,000 tons in the first three quarters of 2025, with cathode materials shipped reaching over 17,000 tons[17] Strategic Initiatives - The company launched a new 30,000-ton nickel electroplating production line in Indonesia in September 2025, marking a strategic breakthrough in its overseas nickel resource layout[18] - A strategic collaboration was formed with Professor Sun Xueliang's team to advance solid-state battery technology, aiming to enhance safety and energy density for global competitiveness[25] - The company signed a framework agreement with Indonesia's sovereign wealth fund Danantara for a green nickel resource project, targeting a capacity of 66,000 tons of nickel metal[26][27] - Strategic cooperation agreements were signed with Weilan Lithium and Xiamen Tungsten to supply 150,000 tons of battery materials annually from 2026 to 2028, totaling 450,000 tons over three years[28] - The company established a joint innovation laboratory for low-carbon recycling of power batteries in Wuhan with 12 key industry partners, focusing on digital recycling and high-value material development[23] Research and Development - Research and development expenses increased to ¥840,748,120.51, up from ¥782,776,129.73, marking a growth of 7.4%[41] - The company achieved mass production and delivery of the world's first ultra-high nickel 9-series quaternary core-shell precursor in July 2025, filling a significant gap in the global market[20] Cash Flow and Expenditures - Cash inflow from operating activities totaled ¥32,591,976,070.87, an increase from ¥30,227,410,078.99 in the previous period[44] - Cash inflow from investment activities totaled $2.08 billion, significantly up from $375 million in the prior period[45] - Cash outflow for capital expenditures was $9.46 billion, compared to $8.74 billion last year, indicating a 8.2% increase[45] - Net cash flow from financing activities was $5.46 billion, up 23.6% from $4.41 billion in the previous period[45] - The total cash and cash equivalents at the end of the period stood at $4.70 billion, a decrease from $3.25 billion year-over-year[45] Other Information - The company has not undergone an audit for the third quarter financial report[46] - The new accounting standards will be implemented starting in 2025, affecting the financial statements[46] - The company’s board of directors issued a statement on October 30, 2025, regarding financial performance[47]

本议案表决情况：2 票同意，0 票反对，0 票弃权。 经审查，全体独立董事认为：致同会计师事务所（特殊普通合伙）具备独立 性、审计的专业能力和资质以及投资者保护能力，能够满足公司审计要求，此次 更换会计师事务所是基于公司前期已向香港联交所递交境外上市股份（H 股）发 行上市申请并刊发申请资料，且已聘请致同（香港）会计师事务所有限公司为公 司本次发行上市的审计机构，因此，为保持公司审计机构的一致性，拟将年审会 计师事务所由中审亚太会计师事务所（特殊普通合伙）变更为致同会计师事务所 （特殊普通合伙），此次变更事项符合有关法律、法规和《公司章程》的规定， 不存在损害公司和全体股东利益，尤其是中小股东利益的情形，我们同意将本议 案提交公司第七届董事会第九次会议审议。 格林美股份有限公司 第七届董事会独立董事第四次专门会议审查意见 格林美股份有限公司（以下简称"公司"）于 2025 年 10 月 29 日以通讯表决 方式召开第七届董事会独立董事第四次专门会议。本次会议应出席独立董事 2 人，实际出席独立董事 2 人，独立董事潘峰先生、汤胜先生出席了会议。本次会 议的召开符合《上市公司独立董事管理办法》《深圳证券交易所股 ...

Group 1 - Rare earth concept stocks experienced a significant afternoon rally, with Northern Rare Earth, Goldwind Technology, and China Aluminum rising over 4%, while China Rare Earth, Shenghe Resources, and Greeenmei increased by more than 2% [1] - The Rare Earth ETF saw an approximate increase of 2% due to market influences [1] Group 2 - Several brokerages indicate that rare earths, as core resources for high-end manufacturing and strategic emerging industries, are showing a resonant pattern on both supply and demand sides [2] - The strategic position of the rare earth industry chain is expected to be further solidified against the backdrop of increased supply concentration and upgraded demand structure, providing long-term driving force for high-end manufacturing development [2]

Group 1 - The core viewpoint of the news highlights the significant developments in the battery ETF market, particularly the performance and liquidity of the Jia Shi Battery ETF, which has seen a turnover of 4.34% and a total transaction volume of 74.1753 million yuan [3] - As of October 29, 2025, the Jia Shi Battery ETF has achieved a net value increase of 16.05% over the past three years, with the highest monthly return since inception reaching 39.76% and an average monthly return of 9.57% [3] - A breakthrough research achievement in solid-state batteries was reported by a team from Tsinghua University, which successfully addressed the fast-charging challenge, potentially accelerating the commercialization of solid-state batteries [3] Group 2 - As of September 30, 2025, the top ten weighted stocks in the China Securities Battery Theme Index include Yangguang Electric, CATL, and Yiwei Lithium Energy, collectively accounting for 55.79% of the index [4] - The stock performance of the top ten companies shows varied results, with Yangguang Electric increasing by 3.77% and Yiwei Lithium Energy decreasing by 0.13% [6] - Investors without stock accounts can access battery industry investment opportunities through the Jia Shi Battery ETF linked fund (016567) [6]

Core Viewpoint - Greeenme's stock price has shown significant growth this year, with a year-to-date increase of 28.56%, reflecting strong market interest and performance in the recycling and materials sector [1][2]. Financial Performance - For the first half of 2025, Greenme achieved a revenue of 17.561 billion yuan, representing a year-on-year growth of 1.28%, while the net profit attributable to shareholders was 799 million yuan, up 13.91% [2]. - Cumulatively, Greenme has distributed 1.825 billion yuan in dividends since its A-share listing, with 1.002 billion yuan distributed over the past three years [3]. Shareholder Structure - As of June 30, 2025, Greenme had 425,600 shareholders, an increase of 0.68% from the previous period, with an average of 11,946 shares held per shareholder, down 0.68% [2][3]. - The top circulating shareholder is Hong Kong Central Clearing Limited, holding 125 million shares, an increase of 2.018 million shares from the last period [3]. Market Activity - On October 29, Greenme's stock rose by 2.09%, reaching 8.31 yuan per share, with a trading volume of 770 million yuan and a turnover rate of 1.84% [1]. - The net inflow of main funds was 42.642 million yuan, with significant buying activity from large orders, indicating strong investor interest [1].

Group 1 - The core viewpoint of the news highlights the performance and growth of the rare earth industry, particularly focusing on the rise of the China Rare Earth Industry Index and the significant gains of key stocks within this sector [1][2]. - As of October 29, 2025, the China Rare Earth Industry Index increased by 0.64%, with notable stock performances including Keli Yuan reaching a daily limit increase of 10%, and other companies like Antai Technology and Xiamen Tungsten rising by 5.13% and 4.98% respectively [1]. - The rare earth ETF managed by Jiashi has seen a substantial increase in scale, with a growth of 92.05 million yuan over the past two weeks, making it the top performer among comparable funds [1]. Group 2 - The top ten weighted stocks in the China Rare Earth Industry Index account for 61.96% of the index, with North Rare Earth and Wolong Electric Drive being the largest contributors [2][4]. - Recent regulatory changes by the Chinese Ministry of Commerce regarding export controls on rare earth materials and technologies aim to strengthen compliance and address illegal export activities [2]. - Market conditions indicate a slowdown in demand, with major manufacturers primarily restocking based on immediate needs, while supply-side pressures are increasing due to sluggish shipments from rare earth mines [2].

Core Viewpoint - The article highlights the significance of the 2025 High-Performance Lithium Battery Annual Conference and the ongoing selection process for the High-Performance Golden Ball Award, which serves as a benchmark for the lithium battery industry in China, showcasing innovation and excellence in the sector [2][3]. Group 1: Event Overview - The 2025 High-Performance Lithium Battery Annual Conference will take place from November 18-20, 2025, at the JW Marriott Hotel in Shenzhen [2]. - The event is organized by GGII and features various sponsors, including Hai Moxing Laser and Dazhu Lithium Battery [2]. Group 2: Industry Participants - Over 160 companies are participating in the 2025 Golden Ball Award selection, which aims to recognize credible products and brands within the lithium battery industry [2]. - Notable participants include Guangdong Liyuanheng Intelligent Equipment Co., Ltd., which is recognized as a leader in lithium battery intelligent equipment [3]. Group 3: Company Highlights - Liyuanheng has established a strong market presence by partnering with top global battery manufacturers, achieving a leading market share in critical manufacturing processes [3]. - The company emphasizes technological innovation, having made significant advancements in all-solid-state battery technology and integrating AI with industrial internet to enhance production efficiency [4]. - Liyuanheng also plays a crucial role in building the industry ecosystem by providing comprehensive solutions that lower technical barriers for new entrants [4]. Group 4: Sustainability Efforts - Liyuanheng incorporates green principles into its products, achieving over 90% energy recovery efficiency with its integrated formation and capacity machine, contributing to the industry's carbon footprint reduction [5]. Group 5: Financial Performance of Other Companies - GreenMei reported a revenue of 6.467 billion yuan from its key metal resource recycling business, a 2.56% increase year-on-year, and 10.226 billion yuan from its new energy battery materials business, reflecting a 0.56% growth [7]. - Aochuang Technology, established in 2020, focuses on developing composite materials for battery safety, with a production capacity of 2 million square meters of fire-resistant materials [9]. Group 6: Innovations in Materials - Jiangsu Yinglian Composite Current Collector Co., Ltd. is developing ultra-thin composite current collectors that enhance battery energy density by 5%-10%, addressing safety concerns during short circuits [12]. - Beijing North Huachuang Vacuum Technology Co., Ltd. has introduced the eMeridian series of PVD equipment, which supports the production of high-performance composite current collectors, enhancing manufacturing efficiency and reducing costs [15].