Group 1 - BYD has recently implemented salary increases for many technical research white-collar employees, with increases ranging from 300 to 500 CNY per month, and some receiving increases in the four-digit range [1] - The common factor among those who received significant salary increases is that they did not receive any performance-related penalties and had relatively good performance ratings [2] - BYD employs nearly 1 million staff across various divisions, each with different salary increase standards, and offers two salary adjustment opportunities each year [2] Group 2 - Unlike other automotive companies that provide fixed year-end bonuses, BYD does not offer year-end bonuses but instead has a profit-sharing scheme based on the company's annual profits, distributed around the end of September the following year [2] - Performance metrics play a significant role in salary adjustments at BYD, with many employees having a performance weight of around 36%, indicating that few companies are able to implement salary increases regardless of market conditions [2] - Other automotive companies, such as Leap Motor, Seres, and CATL, are currently facing challenges, while previously loss-making new car manufacturers like NIO are expected to achieve profitability soon [2]

鑫椤会议： 会议主办：鑫椤资讯 会议时间：2026年3月19-20日 关注公众号，点击公众号主页右上角" ··· "，设置星标 "⭐" ，关注 鑫椤锂电 资讯~ 本文来源： 樟树发布 12月20日，江西衡川新能源材料科技有限公司8.5米超大宽幅隔膜高速生产线全线贯通， 可年产2.5亿平 方米锂电池隔膜 。 锂电池隔膜作为锂电池的关键材料之一，是锂电池材料中技术壁垒较高的一种高附加值材料。目前隔膜行 业的主流厂商产线设备宽幅为5～6米，而衡川科技成为业内首家贯通8.5米大宽幅设备的企业，同时可以 做到超高转速。 如想了解更多关于电池行业信息，欢 迎订购《 2025-2029年全球锂电池应用市场运行趋势及竞争策 略研究报告 》，订购电话：18964001371（微信同）。 会议地点：江苏·常州 会议咨询： 13248122922(微信同） 鑫椤报告预售： 2025-2029年中国三元材料市场运行趋势及竞争策略研究报告 2025-2029年中国磷酸铁锂市场运行趋势及竞争策略研究报告 2025-2029年中国碳酸锂市场运行趋势及竞争策略研究报告 2025-2029年全球负极材料市场运行趋势及竞争策略研究报告 2025 ...

关注公众号，点击公众号主页右上角" ··· "，设置星标 "⭐" ，关注 鑫椤锂电 资讯~ 本文来源：鑫椤锂电、封面：图虫创意 行情变化： 12月22日 ， ICC电池级碳酸锂（99.5%）现货结算指导价格为 104000 元 /吨 ，较上一工作日 上 涨 2500 元 /吨 ；电池级氢氧化锂（56.5%粗颗粒）结算指导价格为 86800 元 /吨 ，较上一工作日 上涨 1000 元 /吨 。 期货方面： 碳酸锂期货价格延续强势。主力合约收于 114380 元 /吨 ，较上一交易日 上涨 2980 元 /吨 ，持仓量继续攀高，仓单则 增加 900手 至 16411手。 ICC锂电结算指导价： | 品名 | 12月19日 | 12月22日 | 环比上涨 | 上月均价 | | --- | --- | --- | --- | --- | | 锂精矿 | 1265 | 1320 | 55 | 997. 5 | | (6.0%) | | | | | | 电池级碳酸锂 (99.5%/辉石) | 10. 15 | 10. 4 | 0. 25 | 8. 58 | | 氢氧化锂 | 8. 58 | 8. 68 | 0.1 | ...

关注公众号，点击公众号主页右上角" ··· "，设置星标 "⭐" ，关注 鑫椤锂电 资讯~ 本文来源：深圳研一、封面：图虫创意 01 导言： PAA作为负极粘结剂，其用量逐年增长，但高性能PAA水性粘结剂普遍固含量低于10%，长期面临运 输与包装成本高、应用过程中胶液输料困难等多重困境。 深圳市研一新材料有限责任公司 （以下简称 "研一"）通过分子结构创新与量产工艺革新，成功研发出 丙烯酸多元共聚物粉体型粘结剂——A ONE（powder）。 该产品可在石墨及硅碳负极体系中直接替代 " CMC+PAA " 组合，凭借 " 高粘结、高稳定、易分散 "三大核心优势，为PAA水性粘结剂 性能提升及海外出口 提供 了 突破性解决方案。 0 2 核心突破： 自 2019年起，研一同步布局液胶与粉体型PAA粘结剂的研发。经过多年在合成 方法 、粉体工艺及设 备方面的持续创新，研发团队实现了从分子结构设计、制备路线、量产工艺到产品形态的系统性突破： 突破一：聚合物链结构精准调控与粉体工艺优化 突破三： 追求品质 "零缺陷" 依托研一 自动化、全封闭式产线 ， A ONE（powder）实现了低单体残留、低金属杂质 含量，追 ...

Group 1 - The core viewpoint of the article highlights the collaboration between the government of Gao'an City, Jiangxi Province, and XINWANDA, which involves an investment of 2 billion yuan to establish various projects related to mobile energy storage vehicles, heavy trucks, and zero-carbon city construction [1] - XINWANDA, founded in 1997 and listed on the Shenzhen Stock Exchange in 2011, is a leading global lithium-ion battery manufacturer with nearly 30 years of experience in the fields of 3C consumer batteries, power batteries, energy technology, and smart hardware [1] - The company has established eleven manufacturing bases globally, located in various regions including Guangdong, Jiangsu, Shandong, Sichuan, Hubei, Zhejiang, Hungary, Morocco, and Thailand [1] Group 2 - The article mentions the availability of various research reports on the energy storage battery industry, including trends and competitive strategies for the global energy storage market from 2025 to 2029 [1]

Core Viewpoint - The article highlights a ten-year strategic cooperation agreement between Lantu Automotive and CATL, focusing on technology collaboration, product supply, brand building, and global market synergy to enhance Lantu's competitiveness in battery technology and supply chain security [1]. Group 1: Cooperation Agreement Details - Lantu Automotive and CATL will engage in comprehensive collaboration over the next decade, ensuring stable supply and technological leadership in battery products [1]. - CATL will prioritize providing advanced battery technologies for Lantu's new vehicle models and promote the application of its brands such as Kirin, Shenhxing, and Xiaoyao in Lantu vehicles [1]. - The partnership will also explore new ecosystem collaborations, including battery swapping, CIIC, Panshi chassis, and V2G technologies, while enhancing big data business integration for a complete ecosystem management loop [1]. Group 2: Supply Chain and Market Strategy - The collaboration will focus on localized supply chain support to improve agility and security in production capacity [1]. - Lantu and CATL will jointly conduct brand marketing and overseas business expansion to enhance Lantu's global brand influence in the electric vehicle market [1].

Core Viewpoint - The Chinese battery industry is at a critical crossroads, facing intense domestic price competition while experiencing explosive growth in overseas orders, driven by a full industry chain advantage and the acceleration of solid-state battery technology towards commercialization [1][2]. Group 1: Overseas Market Growth - In the first half of 2025, overseas energy storage orders surged by 220% year-on-year, indicating a long-term demand rather than a short-term fluctuation [5]. - Industry experts believe that the growth in demand is irreversible, despite potential policy changes globally [7]. - The combination of solar or wind energy with energy storage is seen as an effective energy supplement, supporting sustainable development [9]. Group 2: Industry Profitability Challenges - The industry faces a harsh reality with lithium battery storage system prices plummeting nearly 80% over three years, prompting discussions on how to break through this "involution" [14]. - Emphasis is placed on the importance of performance over price, suggesting that high-quality energy storage will find a market and command better prices [14]. - Companies are adopting vertical integration strategies to enhance competitive advantages, from lithium resource development to battery recycling and application [14]. Group 3: Solid-State Battery Development - Solid-state batteries, viewed as the next generation of battery technology, have achieved energy densities of up to 824 watt-hours per kilogram in laboratory settings, with potential to exceed 1000 watt-hours [15]. - Cost remains a significant barrier to commercialization, particularly due to expensive raw materials in the sulfide route [15]. - Applications in high-safety-demand scenarios, such as humanoid robots and electric aviation, are identified as initial markets for solid-state batteries [15].

Core Viewpoint - The lithium battery market is experiencing a bullish trend, with significant price increases in lithium carbonate futures and spot prices, indicating strong demand and limited supply [2]. Group 1: Market Trends - As of December 19, the price of domestic battery-grade lithium carbonate reached 101,500 yuan per ton, an increase of 300 yuan from the previous day, with overall market inventory dropping below 110,000 tons [2]. - Market sentiment is influenced by expectations of reduced lithium battery production in January, with some leading companies projected to cut production by 5 GWh, potentially decreasing lithium carbonate demand by approximately 3,000 tons per month [5]. - The environmental assessment for the Jiangxiawo lithium mine has been publicly released, suggesting that, in the best-case scenario, production resumption will be delayed until the second quarter, impacting lithium carbonate supply by 7,000 to 8,000 tons per month [5]. Group 2: Future Reports and Events - The company is offering pre-sales for various market research reports covering lithium carbonate and other related materials from 2025 to 2029, indicating a focus on long-term market trends and competitive strategies [8]. - A conference organized by the company is scheduled for March 19-20, 2026, in Changzhou, Jiangsu, which may provide further insights into industry developments [7].

Core Insights - The article highlights a significant growth in energy storage battery production, projecting a production of 620 GWh in 2025 and exceeding 960 GWh in 2026, representing a 55% increase [1] - The demand for additives, specifically VC, is expected to surge, with a projected requirement of 31,000 tons in 2025 and 52,000 tons in 2026, marking a 67% increase [1] - Global VC demand is forecasted to reach 66,000 tons in 2025 and 98,000 tons in 2026, reflecting a 47% growth [1] Supply and Demand Analysis - In 2026, the effective production capacity for VC is estimated at 115,000 tons, with total demand at 98,000 tons and total supply at 100,000 tons, indicating a market operating at 89% capacity [3] - Quarterly production rates are projected to fluctuate, with Q1 at 91%, Q2 at 85%, Q3 at 88%, and Q4 at 90%, showing a "V-shaped" trend due to new capacity coming online in Q2 [3] Market Outlook - The forecast for 2026 indicates that VC shipments will exceed 100,000 tons, with a slight surplus in Q2 and tight conditions in other quarters, leading to a potential price drop in Q2 but sustained high prices in subsequent quarters [5] - Under optimistic conditions, energy storage could exceed expectations with shipments surpassing 1,000 GWh, further increasing VC demand, and a supply gap may emerge in the second half of the year, keeping VC prices elevated [5]

Industry News - Yichun City plans to revoke mining licenses for 27 mining sites, including Wuqiao ceramic stone mine in Gao'an City, with public notice already issued [1] - Huayou Cobalt signed a binding memorandum with an international client to supply 79,600 tons of ternary precursor products [2] - Greeenme proposed to acquire 16.38% equity in Henan Recycling Group for 400 million yuan, which will not be included in the consolidated financial statements [3] Market Performance - In October 2025, domestic smartphone shipments reached 32.267 million units, a year-on-year increase of 8.7%, with 5G smartphones accounting for 90.9% of total shipments [4] - The domestic lithium carbonate price saw a slight increase this week, influenced by the news of Yichun's mining license revocation, but later stabilized [6] - As of December 18, 2025, battery-grade lithium carbonate prices ranged from 97,500 to 99,500 yuan per ton [7] Material Prices - The price of ternary materials remained stable, with slight increases in some segments, while nickel prices showed weakness [8] - Phosphate lithium prices continued to stabilize, with some manufacturers issuing price increase notices, but acceptance from downstream remains limited [9] - The price of negative electrode materials remained stable, with discussions ongoing for January pricing [10] Battery Market - The domestic battery market is operating steadily, with expectations of a slowdown in passenger vehicle sales in January, while energy storage and heavy truck sectors maintain high operating rates [14] - Retail sales of passenger vehicles from December 1-14 totaled 764,000 units, a year-on-year decrease of 24% [14] - The energy storage sector is experiencing a surge in demand due to rising raw material prices and preemptive order placements [15]