Group 1 - The lithium battery index has increased by 3.80% in the last two weeks, outperforming the CSI 300 index by 2.42 percentage points as of June 26, 2025 [1][2] - The lithium battery index has accumulated a rise of 4.25% this month, surpassing the CSI 300 index by 1.50 percentage points [1][2] - Year-to-date, the lithium battery index has grown by 1.35%, outpacing the CSI 300 index by 1.06 percentage points [1][2] Group 2 - As of June 26, 2025, the average price of battery-grade lithium carbonate is 61,600 CNY/ton, showing a decrease of 0.16% over the past two weeks [3] - The price of lithium hydroxide (LiOH 56.5%) is 63,900 CNY/ton, down by 3.62% in the same period [3] - Prices for cathode materials such as lithium iron phosphate remain stable at 30,300 CNY/ton, while NCM523, NCM622, and NCM811 are priced at 112,500 CNY/ton, 121,000 CNY/ton, and 145,500 CNY/ton respectively [3] Group 3 - Solid-state battery technology is gaining traction, with multiple companies announcing advancements in this area [4] - The industrialization of solid-state batteries is accelerating, leading to structural demand for materials and equipment upgrades [4] - The government’s policies, including the "old-for-new" subsidy program, are expected to boost demand in the electric vehicle market, contributing to rapid sales growth [4] Group 4 - The overall demand and production of lithium batteries continue to grow rapidly, with the industry supply-demand relationship gradually improving [5] - The utilization rate of quality production capacity is expected to increase, leading to marginal improvements in industry profitability [5] - Key companies to watch include CATL, Kodali, Enjie, Tena Technology, and Naconor [5]

Investment Rating - The report maintains an "Overweight" rating for the lithium battery industry, expecting the industry index to outperform the market index by over 10% in the next six months [52]. Core Insights - The global lithium battery production in May 2025 reached 173 GWh, marking a year-on-year increase of 44.4%. Cumulative production from January to May 2025 was 812.74 GWh, up 62.44% year-on-year [45]. - The report highlights the ongoing rapid growth in lithium battery demand and production, with a gradual improvement in the supply-demand relationship within the industry. The profitability of the industry chain is expected to continue to improve marginally [49]. - Key companies to watch include CATL (300750), Keda Industrial (002850), Enjie (002812), Tianwei Technology (688116), and Naconor (832522) due to their strong fundamentals and market positions [49]. Summary by Sections Market Review - As of June 26, 2025, the lithium battery index increased by 3.80% over the past two weeks, outperforming the CSI 300 index by 2.42 percentage points. Year-to-date, the lithium battery index has risen by 1.35%, also outperforming the CSI 300 index by 1.06 percentage points [15][4]. Price Changes in the Lithium Battery Supply Chain - As of June 26, 2025, the average price of battery-grade lithium carbonate was 61,600 CNY/ton, down 0.16% over the past two weeks. The price of lithium hydroxide (LiOH 56.5%) was 63,900 CNY/ton, down 3.62% [28][6]. - The price of electrolytic cobalt increased to 256,000 CNY/ton, up 9.87% over the past two weeks, while electrolytic nickel decreased to 119,900 CNY/ton, down 1.80% [29][6]. - Prices for cathode materials such as lithium iron phosphate remained stable at 30,300 CNY/ton [30]. Industry News - The solid-state battery sector is experiencing accelerated industrialization, creating structural demand for materials and equipment upgrades. Companies with technological and production advantages in solid-state battery core materials are highlighted as potential investment opportunities [49]. - The report notes that the "old-for-new" subsidy policy is effectively boosting demand in the electric vehicle market, with expectations for continued rapid growth in sales [49]. Company Announcements - Notable developments include CATL's plans for solid-state battery production and Keda Industrial's expansion into humanoid robot structural components, which may enhance overall operational efficiency [46][49].

A股固态电池板块午后水下拉起，洪工科技涨超15%，纳科诺尔涨超10%，高乐股份此前涨停，容百科 技、海博思创等跟涨。 ...

Group 1 - The North Exchange will officially launch the North Certificate Specialized and New Index on June 30, 2025, providing investors with a multi-dimensional investment benchmark [2][5][9] - The North Certificate Specialized and New Index will select the largest 50 companies from the "specialized and new" small giant listed companies on the North Exchange, reflecting the overall performance of these companies [5][9] - A total of 27 companies are expected to enter the dual index list, including Jinbo Biological, Shuguang Digital Innovation, and Naconoer [9][10] Group 2 - The financial performance of the Specialized and New Index shows better growth compared to the North Certificate 50 Index, with total revenue and median revenue for 2024 reaching 318 million and 4.09 million respectively [12][13] - The total net profit for the Specialized and New Index in 2024 is projected to be 31.5 million, indicating a year-on-year growth of 10% [12][13] - The median market capitalization for the North Certificate 50 Index is 47 million, while for the Specialized and New Index it is 33 million, indicating a larger overall market value for the North Certificate 50 Index [12][13][19] Group 3 - The price-to-earnings ratio (PE TTM) for the North Certificate Specialized and New Index is 69X, which is higher than the 49X for the North Certificate 50 Index [19][23] - The average daily trading volume for the North Certificate A-shares has decreased to 248 billion, reflecting a slight decline in market activity [20][26] - The North Certificate 50 Index has shown a weekly increase of 1.30%, indicating a positive market sentiment [20][31]

证券代码：832522 证券简称：纳科诺尔 公告编号：2025-069 邢台纳科诺尔精轧科技股份有限公司 关于完成工商变更登记及公司章程备案并取得营业执照的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、基本情况 邢台纳科诺尔精轧科技股份有限公司(以下简称"公司")于2025年3月11日 召开第四届董事会第九次会议、第四届监事会第八次会议，于2025年3月27日召 开2025年第二次临时股东会，审议通过《关于拟修订<公司章程>的议案》，具体 内容详见公司分别于2025年3月12日和2025年3月28日在北京证券交易所指定信 息披露平台（www.bse.cn）披露的《关于拟修订<公司章程>公告》（公告编号： 2025-025）、《公司章程》（公告编号：2025-029）。 二、工商变更登记情况 目前，公司已完成工商变更登记及公司章程备案手续并取得变更后的《营业 执照》。本次变更完成后，公司注册资本由11204.40万元变更为11196.48万元。 除上述变更外，《营业执照》记载的其他登记事项未发 ...

证券代码：832522 证券简称：纳科诺尔 公告编号：2025-068 邢台纳科诺尔精轧科技股份有限公司 关于使用部分闲置募集资金进行现金管理的进展公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、 授权现金管理情况 （一）审议情况 邢台纳科诺尔精轧科技股份有限公司（以下简称"公司"）于 2025 年 3 月 11 日召开第四届董事会第九次会议、第四届监事会第八次会议，于 2025 年 3 月 27 日召开 2025 年第二次临时股东会，审议通过了《关于使用部分闲置募集资金 进行现金管理的议案》，为提高闲置募集资金使用效率，在确保资金安全、不影 响募集资金投资项目建设的前提下，公司拟使用额度不超过人民币 20,000 万元 的闲置募集资金进行现金管理。在上述额度内，资金可循环滚动使用，拟投资的 期限最长不超过 12 个月。使用闲置募集资金进行现金管理的品种应满足安全性 高、流动性好、可以保障投资本金安全等要求，包括但不限于保本型银行理财产 品、定期存款、结构性存款、协定存款、可转让大额存单等，且 ...

Group 1 - Solid-state battery concept stocks have been declining, with Ningxin New Materials and Lingge Technology dropping over 10% [1] - Other companies such as Wuhan Land Electric, Honggong Technology, Liwang Co., Lingpai Technology, Naconor, Jinyinhai, Liyuanheng, Betterray, and Shanghai Xiba have also seen declines of over 5% [1]

证券代码：832522 证券简称：纳科诺尔 公告编号：2025-067 （一）审议情况 邢台纳科诺尔精轧科技股份有限公司（以下简称"公司"）于 2025 年 3 月 11 日召开第四届董事会第九次会议、第四届监事会第八次会议，于 2025 年 3 月 27 日召开 2025 年第二次临时股东大会，审议通过了《关于使用部分闲置募集资 金进行现金管理的议案》，为提高闲置募集资金使用效率，在确保资金安全、不 影响募集资金投资项目建设的前提下，公司拟使用额度不超过人民币 20,000 万 元的闲置募集资金进行现金管理。在上述额度内，资金可循环滚动使用，拟投资 的期限最长不超过 12 个月。使用闲置募集资金进行现金管理的品种应满足安全 性高、流动性好、可以保障投资本金安全等要求，包括但不限于保本型银行理财 产品、定期存款、结构性存款、协定存款、可转让大额存单等，且购买的产品不 得抵押，不用作其他用途，不影响募集资金投资计划正常进行。 具体内容详见公司在北京证券交易所信息披露平台（http://www.bse.cn/） 披露的《关于使用部分闲置募集资金进行现金管理的公告》（公告编号： 2025-021）。 邢台纳科诺尔精 ...

证券代码：832522 证券简称：纳科诺尔 公告编号：2025-066 邢台纳科诺尔精轧科技股份有限公司 2024 年年度权益分派实施公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 邢台纳科诺尔精轧科技股份有限公司 2024 年年度权益分派方案已获 2025 年 5 月 13 日召开的股东会审议通过，本次实施分配方案距离股东会审议通过的 时间未超过两个月。 现将权益分派事宜公告如下： 本次权益分派基准日合并报表归属于母公司的未分配利润为 369,972,924.90 元，母公司未分配利润为 397,928,377.85 元，母公司资本公积为 519,850,380.19 元（其中股票发行溢价形成的资本公积为 504,287,221.43 元，其他资本公积为 15,563,158.76 元）。本次权益分派共计转增 44,785,920 股，派发现金红利 33,589,440.00 元。 一、权益分派方案 1、本公司 2024 年年度权益分派方案为： 以公司现有总股本 111,964,800 股为基数 ...

Core Insights - The company, Nakonor, is focusing on international expansion and enhancing its overseas market presence as part of its strategic direction [3] - Significant progress has been made in the dry electrode equipment sector, with a joint venture established to accelerate industrialization [4] - The company is deepening its research and development in solid-state battery equipment through a strategic partnership and the establishment of a joint laboratory [5] Group 1: International Expansion - Nakonor is prioritizing its international strategy and accelerating overseas market development, particularly in Europe, North America, and Southeast Asia [3] - The company aims to benefit from the rapid growth of the overseas lithium battery equipment market due to local production initiatives in the US and Europe [3] - Efforts are being made to establish overseas subsidiaries and enhance international competitiveness [3] Group 2: Dry Electrode Equipment - Nakonor has achieved significant breakthroughs in dry electrode equipment, including the establishment of a joint venture with Shenzhen Qingyan Electronics [4] - The newly launched dry electrode forming composite machine integrates electrode film forming and current collector composite processes, expediting industrialization [4] - The company plans to continue focusing on key technologies and innovations in the dry electrode equipment sector [4] Group 3: Solid-State Battery Equipment - The company has made important strides in solid-state battery equipment development, marked by a strategic cooperation agreement with the Sichuan New Energy Vehicle Innovation Center [5] - The joint laboratory project for solid-state battery production equipment has officially commenced, indicating a move into full implementation [5] - Nakonor intends to increase investment in solid-state battery production equipment R&D and explore potential resources across the industry chain [5]