Core Viewpoint - The article discusses the ongoing trend of electrolyte manufacturers, including Kunlun New Materials, pursuing IPOs in Hong Kong to expand their global presence and financing options amid a recovering market for lithium battery electrolytes [2][3]. Group 1: Company Overview - Kunlun New Materials has submitted an application for listing on the Hong Kong Stock Exchange, with Ping An Securities and CITIC Construction Investment International as sponsors [3]. - The company specializes in the research and production of electrolyte products, with a total production capacity of approximately 180,000 tons and plans to expand capacity to over 500,000 tons through new projects in various locations, including Yichang, Yibin, and Hungary [3]. - Kunlun New Materials ranks third among the top ten companies in China's lithium battery electrolyte market, which is expected to see a shipment of 211,000 tons in 2025, representing a year-on-year growth of 45.3% [3]. Group 2: Market Dynamics - The electrolyte industry is experiencing a recovery, driven by rising prices and demand for lithium hexafluorophosphate, a key material for electrolytes, which saw a price increase of over 200% within four months [10]. - The supply-demand relationship remains tight, with leading companies dominating the market, making it difficult for smaller firms to expand due to long construction cycles for new production lines [12]. - The demand for electrolytes is expected to grow, particularly in the energy storage sector, where safety concerns make high-quality electrolytes essential [13]. Group 3: Strategic Moves - Kunlun New Materials is expanding its production capacity and investing in other companies, such as Lichong New Energy, to strengthen its market position [7][8]. - The company is also preparing to transition towards solid-state electrolytes, which are gaining traction in the industry, and has established pilot lines for both oxide and sulfide technologies [7]. - The ongoing trend of lithium battery manufacturers seeking capital market support through IPOs is seen as a natural response to the tightening supply of key materials [11].

Group 1 - The core viewpoint of the article highlights that Putailai's new silicon-carbon anode materials exhibit high capacity, low expansion, and long cycle life, making it one of the few domestic companies capable of mass production [2] - Currently, the company's silicon-carbon anode products have achieved bulk shipments to consumer clients, and are undergoing certification with some clients in the power battery sector, with gradual deliveries expected by 2026 [3] Group 2 - The article references the upcoming 2026 (Second) Starting Point Lithium Battery Cylindrical Cell Technology Forum and the release of the Top 20 Cylindrical Battery Rankings, scheduled to be held in Shenzhen [4][8]

据港交所1月28日消息显示， 江西铜博科技股份有限公司（以下简称：铜博科技）向港交所主板递交上市申请书，国金证券（香港）为其独 家保荐人。 资料显示，铜博科技是一家电解铜箔解决方案提供商，专注于高性能电解铜箔的设计、研发、生产和销售。 在此之前，铜博科技曾筹备在A股上市。2021年及2023年，公司与海通证券订立合作框架协议及辅导协议。2023年2月，其向江西证监局提 交首次辅导备案。2023年8月，铜博科技因A股上市计划相关工作安排变更与海通证券终止辅导协议。 此后，铜博科技与国金证券订立辅导协议，并向江西证监局提交第二次初步辅导备案。直至 2024年5月，公司与国金证券自愿终止辅导协 议。 据最新招股书披露，业绩方面， 2023年-2025年前三季度，铜博科技分别实现收入约31.63亿元、32.12亿元、28.49亿元，溢利及全面收 益总额分别为6305.7万元、2058万元、4171.1万元。 客户方面， 铜博科技来自五大客户的收入分别占 2023年-2025年前三季度 总收入的 85.8%、87.3% 及 82.0%；同期，来自最大客户客 户 A 的收入分别占同期总收入的 48.5%、62.2% 及 ...

近日， 江苏恒贵信新材料有限公司宣布启动年产3.6万吨锂电池负极材料项目，总投资额达10亿元人民币，预计2027年建成投产 。 1.项目名称：年产3.6万吨锂电池负极材料项目 2.建设单位：江苏恒贵信新材料有限公司 3.总投资额：10亿元人民币 4.建设规模：形成年产3.6万吨锂电池负极材料生产能力 5.关键里程碑：2027年建成投产 6.项目地点：江苏省（具体选址以官方最终确认为准） 往 期 回 顾 | 01 | ｜ | 力华电源：笃行深耕46系大圆柱标准化，4GWh产线已投产 | | --- | --- | --- | | 02 | ｜ | 70GWh锂电池项目迎新进展！ | | 03 | ｜ | 15亿元！中创新航落子四川自贡！ | | 04 | ｜ 举办！ | 2026（第二届）起点锂电圆柱电池技术论坛暨圆柱电池20强排行榜发布会4月深圳 | 锂电交流群—码上入群 从10亿元投资规模及技术要求判断，该项目属于新能源材料领域的重大建设项目。设定2027年为投产目标，意味着项目将进入系统的规划、 审批、建设和设备调试周期。 项目产品为锂电池负极材料，是动力电池和储能电池的核心组件之一，直接影响电池的能量密 ...

Group 1 - The core viewpoint of the article highlights the explosive growth of the large cylindrical battery and all-tab technology market, with a projected increase of over 15% in China's cylindrical battery shipments by 2025, and a growth rate exceeding 40% for large cylindrical batteries [3] - Major companies in the large cylindrical battery sector, such as EVE Energy, Molicel, and others, are expected to face supply shortages due to high demand, with continued rapid growth anticipated in 2026 [3] - The integration of advanced technologies like all-tab, high nickel, silicon-carbon, and sodium batteries with cylindrical batteries is expected to create new growth points and market opportunities [3] Group 2 - The event, titled "2026 (Second) Qidian Lithium Battery Cylindrical Battery Technology Forum and Top 20 Rankings Release," is organized by Qidian Lithium Battery and Qidian Research Institute (SPIR) [6] - The forum will feature discussions on cutting-edge technologies, processes, and materials related to cylindrical batteries, with a focus on innovation and industry collaboration [3][6] - The agenda includes sessions on high-power cylindrical battery technology, applications in various sectors, and innovations in materials and manufacturing processes [7][8] Group 3 - The forum will host over 600 participants, including leading companies in the cylindrical battery industry, downstream application enterprises, and equipment manufacturers [10] - Notable companies expected to attend include CATL, BYD, LG Energy Solution, and many others from various sectors related to cylindrical batteries [10] - The event aims to provide a platform for industry leaders to share insights and foster collaboration in the rapidly evolving cylindrical battery market [3][10]

瑞浦兰钧 1 月 28 日发布关联交易公告， 拟通过股权转让及增资，收购福安国隆纳米材料的 10.8696% 股权，总代价 5000 万人民币 ，将 以自有资金支付。 同日，瑞浦兰钧还与目标公司、核心团队股东及其他股东订立股东协议，明确各方权利及责任。因公司控股股东之一瑞途能源（青山集团实 控）持有目标公司约 26.8594% 股权，此次收购及增资构成关联交易。 此次投资旨在加强双方在新能源材料领域的合作，推动国隆纳米材料在三元和磷酸铁锂正极材料研发方面的技术突破。 资料显示，福安国隆纳米材料有限公司成立于 2021 年，是由技术团队与青山控股、格林美集团等参与成立的一家新能源材料科技有限公 司。公司立足青山集团丰富的海外镍矿资源以及格林美在新能源领域扎实的技术及市场基础，采用全球独创的并行生产工艺，以金属合金为原 材料，采用高效分离 技术，以低成本工艺路线生产磷酸铁锂和高镍三元两种关键电池材料。 双方均为青山旗下企业，此次入股行为进一步打通了 上游材料供应与中游电池制造的闭环，使瑞浦兰钧获得对高性价比正极材料的稳定、低 成本供给，显著降低原材料价格波动风险。推动青山系实现从红土镍矿到电池正极的路径覆盖，构建 ...

巡访标杆企业，洞见产业未来 ——2026起点圆柱电池全国行持续进行 中 ！ 新能源电池行业竞争日趋白热化的当下，技术路线迭代与市场格局重塑正在同步上演。全极耳大圆柱电池凭借其独特的安全优势与灵活适配 性，逐渐成为行业关注的焦点。 1月19日，起点锂电 总经理 邱嘉胜带领起点圆柱电池巡访调研团走进专注于全极耳大圆柱电池研发与生产的企业—— 蓝京新能源 ，与公司技 术及营销负责人就其核心产品进展与未来发展规划进行了深度交流。 在本次巡访调研中，蓝京新能源围绕公司运营现状、产品布局、技术研发及市场战略等核心议题展开深度交流，展现出一家老兵创建的新兴电 池企业在复杂市场环境中的清晰定位与稳健规划。据介绍，蓝京新能源以车规级要求定义产品、产线的技术质量能力，是业内为数不多全系产 品采用切叠全极耳结构，并顺利量产的电池企业之一，2026年将是公司持续放量的一年，市场、产能、产品等多个维度将进一步取得突破。 01 2025 沉淀蓄力， 2026 多维破局 蓝京新能源的创始团队是以郭春泰博士领衔的行业老兵，核心团队具有平均 18 年以上的锂电池行业技术和管理经验。蓝京新能源 创始人 / 董事长 郭春泰博士是中国聚合物软包锂离 ...

Core Viewpoint - Tianqi Lithium, as the second-largest shareholder of SQM with approximately 22.16% stake, has lost a legal battle regarding SQM's cooperation agreement with Codelco for lithium resources in the Atacama salt flat, leading to the transfer of control over this key lithium asset to Codelco, marking a significant shift in the global lithium resource governance landscape [2]. Group 1: Timeline of Events - On December 27, 2023, SQM and Codelco signed a memorandum of understanding to collaborate on the Atacama salt flat until 2060 [3]. - On May 31, 2024, both parties officially signed a partnership agreement, establishing a joint venture where Codelco holds 50.000001% and will take control and consolidate financial statements starting in 2031 [4]. - Tianqi Lithium applied to the Chilean Financial Market Commission (CMF) on May 21, 2024, requesting a special shareholders' meeting to approve the transaction, which was rejected by CMF on June 18, 2024 [4]. - After a series of legal challenges, the Chilean Supreme Court upheld the lower court's decision on January 27, 2026, confirming the validity of the partnership agreement [4]. Group 2: Direct Impact on Tianqi Lithium - Governance rights have been weakened as control over SQM's core lithium assets shifts to Codelco, reducing Tianqi's influence through board representation [5]. - Investment returns are under pressure, with 70% of the joint venture's profits allocated to the Chilean government from 2025 to 2030, leading to a decline in SQM's dividend capacity and increasing the risk of long-term impairment of Tianqi's investment [5]. - Strategic adjustments are necessary, emphasizing compliance with resource country policies and accelerating resource reserves and capacity construction in domestic and other regions [5]. Group 3: Industry Impact - The nationalization of Chile's lithium resources is accelerating, reinforcing the trend of "Lithium Pacts" in South America, and shifting global lithium pricing power towards resource-rich countries [5]. - The barriers to overseas lithium mining investments are rising, requiring companies to accept deeper involvement of state capital and shifting cooperation models towards "technology for shares" and "capacity for resources" [5]. Group 4: Chile's Lithium Nationalization Policy - The Chilean government's lithium strategy was announced in April 2023, positioning lithium as a strategic mineral and planning to establish a state-owned lithium company [6]. - The partnership agreement signed in May 2024 marks the core implementation of the nationalization strategy, with Codelco holding a controlling stake in key lithium projects [6]. - The joint venture's profit distribution will see 70% of profits going to the government from 2025 to 2030, with Codelco leading profit distribution after 2031 [6]. Group 5: Recommendations for Companies and Industry - Companies should conduct comprehensive assessments of resource country policies and proactively establish shareholder agreements and investment terms to secure exit mechanisms and dividend rights [7]. - Innovative cooperation models should be developed, collaborating with state-owned enterprises like Codelco to exchange technology, capacity, and market access for resource development rights, thereby mitigating policy risks [7]. - Strengthening communication with resource country governments is essential to promote transparent pricing and profit distribution mechanisms, balancing national interests with corporate returns [9].

凭借自主研发的核心技术、高安全性的系统设计以及对不同市场需求的精准响应，楚能新能源在60多个国家和地区实现批量交付与标杆项目 落地，2025年出货量超90GWh，品牌国际影响力持续提升。 今年初，楚能新能源董事长代德明在新年寄语中表示，当前，新能源行业正迎来新一轮技术与市场的变革，广阔的发展前景呼唤我们以更大决 心和更高效率，将蓝图转化为现实。2026年，楚能新能源四大基地正齐头并进，超300GWh的扩建产能必须快速、扎实地落地为有效产能。 | 往 | 期 回 | 顾 | | --- | --- | --- | | 01 | ｜ | 宁德时代接连落地多个项目！ | | 02 | ｜ | 9亿元！比亚迪海外动力电池厂来了 | | 03 | ｜ | 绝地反击！三星SDI抛出大动作！ | | 04 | ｜ 举办！ | 2026（第二届）起点锂电圆柱电池技术论坛暨圆柱电池20强排行榜发布会4月深圳 | 点击 阅读原文 ，查看富工流体更多内容！ 据湖北省襄阳市人民政府消息，1月28日，楚能新能源襄阳70GWh锂电池项目（简称：襄阳楚能项目）首个电芯车间——3号电芯车间主体迎 来结构性封顶。该项目于2025年10月28日 ...

Core Insights - The article highlights that by 2025, the shipment of silicon-based anodes in China's lithium battery market is expected to reach 13,000 tons, representing a year-on-year growth of 65.3%. This growth is primarily driven by the demand for 46 series cylindrical batteries, the high-endization of electric vehicles (EVs) with increased range requirements, and the maturation of related technologies [2]. Group 1: Industry Overview - The silicon-based anode market is transitioning from small-scale supply to a phase of large-scale and stable supply over the next two years [2]. - The top 10 companies in terms of shipment volume for 2025 are listed as: BetterRay, Shanshan, Tianmu Xian Dao, Zhongke Xingcheng, Zicheng Technology, Lanxi Zhide, Carbon One New Energy, Solide, Luoyang Lianchuang, and Yijin New Energy [2]. Group 2: Research Institution Profile - Qidian Research Institute SPIR is a research organization focused on the new energy and new materials industry chain, headquartered in Shenzhen. The research team has over 15 years of experience in the new energy sector, providing data reports and cutting-edge research results [4]. - SPIR's main research areas include lithium batteries, sodium batteries, solid-state batteries, energy storage materials and equipment, electric vehicles, charging and swapping, new energy materials, and new energy equipment. The organization has served leading global companies such as Samsung, LG, Mercedes-Benz, Panasonic, CATL, ATL, BASF, Yiwei Lithium Energy, and Haicheng Energy Storage [4].