Company Overview - Meilian New Materials Co., Ltd. is located in Shantou, Guangdong Province, established on June 20, 2000, and listed on January 4, 2017. The company specializes in the research, production, sales, and technical services of polymer composite coloring materials, providing integrated plastic coloring solutions to customers [1]. Financial Performance - For the period from January to June 2025, Meilian New Materials achieved operating revenue of 878 million yuan, representing a year-on-year growth of 3.10%. However, the net profit attributable to the parent company was -16.19 million yuan, a decrease of 146.89% compared to the previous year [2]. - Since its A-share listing, the company has distributed a total of 121 million yuan in dividends, with 35.56 million yuan distributed over the past three years [3]. Stock Performance - As of September 12, Meilian New Materials' stock price was 11.06 yuan per share, with a market capitalization of 7.866 billion yuan. The stock has increased by 35.87% year-to-date, with a slight increase of 0.64% over the last five trading days, a decrease of 16.59% over the last 20 days, and an increase of 19.70% over the last 60 days [1]. - The stock experienced a net outflow of 7.36 million yuan in principal funds, with large orders accounting for 24.60% of purchases and 23.90% of sales [1]. Shareholder Information - As of September 10, the number of shareholders of Meilian New Materials was 25,400, an increase of 7.51% from the previous period. The average circulating shares per person decreased by 6.99% to 21,014 shares [2]. - As of June 30, 2025, Hong Kong Central Clearing Limited exited the list of the top ten circulating shareholders [3]. Business Segmentation - The main business revenue composition of Meilian New Materials includes: color masterbatch (38.70%), melamine (33.23%), other (17.88%), battery separators (6.55%), and high-performance colorants (3.63%) [1].

Group 1 - The company, Meilian New Materials (stock code: 300586), reported that as of September 10, the total number of shareholders is 25,439 [1]

Group 1 - The core viewpoint of the news is that Meilian New Materials has shown a mixed performance in stock price and financial results, with a notable increase in stock price year-to-date but a decline in net profit [1][2] - As of September 11, Meilian New Materials' stock price increased by 2.07% to 11.34 CNY per share, with a total market capitalization of 8.065 billion CNY [1] - The company has experienced a 39.31% increase in stock price year-to-date, but a 12.02% decline over the past 20 days [1] Group 2 - For the first half of 2025, Meilian New Materials reported revenue of 878 million CNY, a year-on-year increase of 3.10%, while the net profit attributable to shareholders was a loss of 16.19 million CNY, a decrease of 146.89% [2] - The company has distributed a total of 121 million CNY in dividends since its A-share listing, with 35.56 million CNY distributed in the last three years [3] - As of June 30, 2025, the number of shareholders increased by 7.51% to 25,400, while the average circulating shares per person decreased by 6.99% to 21,014 shares [2][3]

Group 1 - The company has an annual production capacity of 200 tons for EX electronic materials through its subsidiary, Huihong Technology [2] - The company is currently researching and planning for the expansion of its production capacity [2]

Core Viewpoint - Meilian New Materials (300586) is actively engaging in the production of gel separators for semi-solid and solid-state batteries, with successful mass delivery achieved [1] Group 1: Company Developments - The company's subsidiary, Anhui Meixin, has developed gel separators that are applicable in semi-solid and solid-state battery sectors, and these products have already been delivered in bulk [1] - The company's subsidiary, Huihong Technology, produces Prussian blue cathode materials that can be utilized in the manufacturing of solid-state and semi-solid sodium-ion batteries [1] - The company is currently promoting collaboration with downstream sodium-ion battery enterprises to establish demonstration project partnerships [1]

Group 1 - The company has received trial orders for its Prussian blue sodium-ion battery cathode materials and aims to achieve mass production and sales soon [2] - The company is planning to promote collaborations with leading global battery manufacturers such as CATL, BYD, and EVE Energy [2]

Group 1 - The company has confirmed that its gel separators produced by its subsidiary can be applied in semi-solid and solid-state battery fields and has achieved mass delivery [2] - The company's subsidiary is also producing Prussian blue cathode materials that can be used in the manufacturing of solid-state/sodium-ion batteries [2] - The company is actively promoting cooperation with downstream sodium-ion battery enterprises to establish demonstration project collaborations [2]

Core Viewpoint - Meilian New Materials (300586.SZ) has successfully achieved mass delivery of gel separators produced by its subsidiary Anhui Meixin, which can be applied in semi-solid and solid-state battery fields [1] Group 1: Company Developments - The gel separators produced by Anhui Meixin are now in mass production and delivery [1] - The company's subsidiary Huihong Technology manufactures Prussian blue cathode materials that can be used in the production of solid-state and semi-solid sodium-ion batteries [1] - Meilian New Materials is actively promoting cooperation with downstream sodium-ion battery companies to establish demonstration projects [1]

Core Viewpoint - Meilian New Materials Co., Ltd. has shown a mixed performance in stock price and financial results, with a notable increase in stock price year-to-date but a decline in net profit for the first half of 2025 [1][2]. Financial Performance - As of August 29, 2025, Meilian New Materials reported a revenue of 878 million yuan for the first half of 2025, representing a year-on-year growth of 3.10% [2]. - The company experienced a net loss of 16.19 million yuan in the same period, a significant decrease of 146.89% compared to the previous year [2]. Stock Market Activity - On September 9, 2025, the stock price of Meilian New Materials increased by 2.08%, reaching 11.31 yuan per share, with a trading volume of 114 million yuan and a turnover rate of 1.88% [1]. - The company’s stock has appreciated by 38.94% year-to-date, with a recent 5-day increase of 2.54%, a 20-day decline of 13.73%, and a 60-day increase of 18.18% [1]. Shareholder Information - As of August 29, 2025, the number of shareholders increased to 23,700, up by 2.25%, while the average number of circulating shares per person decreased by 2.20% to 22,593 shares [2]. - Since its A-share listing, Meilian New Materials has distributed a total of 121 million yuan in dividends, with 35.56 million yuan distributed over the past three years [3]. Business Overview - Meilian New Materials, established on June 20, 2000, specializes in the research, production, and sales of polymer composite coloring materials, providing integrated solutions for plastic coloring [1]. - The company's revenue composition includes color masterbatches (38.70%), melamine (33.23%), other (17.88%), battery separators (6.55%), and high-performance colorants (3.63%) [1].

Core Viewpoint - The company, Meilian New Materials, announced a share reduction plan by its director and senior management, Duan Wenyong, due to personal financial needs, involving a maximum reduction of 979,500 shares, which is 0.14% of the total share capital [1][2]. Group 1: Share Reduction Plan - Duan Wenyong holds 3,918,100 shares, accounting for 0.55% of the company's total share capital, and plans to reduce his holdings within three months after a 15-trading-day period from the announcement date [1][2]. - The reduction will be executed through centralized bidding, with the price range determined by market conditions at the time of the sale [2]. Group 2: Compliance and Commitments - Duan Wenyong has previously made several commitments regarding share transfers, including a promise not to transfer shares within 12 months of the company's initial public offering, which he has adhered to as of the announcement date [3].