Group 1 - Ganfeng Comprehensive Energy (Qinghai) Co., Ltd. has been established with a registered capital of 200 million RMB [1] - The company is fully owned by Ganfeng Lithium (002460) [1] - The business scope includes research and development of emerging energy technologies, manufacturing and sales of new energy driving equipment [1]

Battery - CATL supports the operation of the first pure electric passenger ship "Yujian 77" in China, which utilizes CATL's marine battery system, providing a zero-emission and low-noise experience for tourists, marking a significant step towards green transformation in the maritime tourism industry [2][3] - BYD Energy signed a strategic cooperation agreement with CCS Wuhan, aiming to advance green ship technology standards and establish a joint laboratory for battery-powered ship safety research, focusing on battery system innovation and industry standards [4] - ZK Electronic has obtained a patent for a solid-state battery capable of high-rate charging and discharging, continuing its research and application development in solid-state battery technology [5][6] - Ganfeng Lithium established Ganfeng Comprehensive Energy (Qinghai) Co., Ltd. with a registered capital of 200 million RMB, focusing on renewable energy technology and independent energy storage development, indicating Ganfeng's expansion into the energy storage sector [7] - QuantumScape Corporation expanded its strategic cooperation with PowerCo SE, with an investment of up to $131 million (approximately 956 million RMB) to accelerate the development of solid-state battery technology [9] - CATL signed a strategic cooperation agreement with the government of Jiyuan City, focusing on the development of the new energy industry and energy storage technology applications [10] Materials - A 10,000-ton silicon-carbon anode material project in Yichang, Hubei, has been publicly announced, with a total investment of approximately 1 billion RMB, aiming for an annual production capacity of 10,000 tons [12] - Jiayuan Technology and South China University of Technology established a joint research center for high-performance environmentally friendly electrolytic copper foil, initiating projects on interface mechanisms and functional materials [14][15] - Sichuan Luocheng's solid-state battery binder is currently in the small-scale testing phase, with positive results from lithium battery electrolyte additive tests, achieving ton-level production supply [16] Battery Recycling - Tianli Lithium Energy announced an investment of 30 million RMB to establish Guangxi Tianli Advanced Energy Research Co., Ltd. in collaboration with other investors [20]

Core Viewpoint - The lithium battery industry is undergoing a significant reshuffle, characterized by a reduction in new projects and investments, while major companies continue to expand their production capacity in response to growing market demand [2][22]. Group 1: Industry Trends - In the first half of 2025, the overall number of new projects and investment amounts in the domestic lithium battery industry chain have sharply declined compared to previous years, with only about 20 new projects initiated, reflecting a significant drop in investment [2]. - Despite the contraction in new projects, the production and installation of power batteries in China continue to grow rapidly, supported by increasing demand for energy storage solutions [2]. - Major companies like CATL, Ganfeng Lithium, and others are accelerating project advancements to prepare for market demands in the latter half of the year, with a total planned capacity of 163 GWh and investments exceeding 38 billion yuan [2]. Group 2: Major Company Developments - CATL is constructing a 40 GWh green battery manufacturing base in Dongying, Shandong, as part of a zero-carbon industrial park, with plans to complete it by next year [3]. - The Xiamen base of CATL is also expanding, with a planned investment of 5 billion yuan for a new production line capable of producing 30 GWh of batteries, expected to start trial production in the second quarter of 2026 [3]. - Ganfeng Lithium is advancing its 10 GWh battery production base in Nanchang, with a total investment of approximately 4.07 billion yuan, aiming for completion by the end of 2025 [9]. - The Xiamen New Energy Co., a joint venture between ATL and CATL, is investing 12 billion yuan to build an 18 GWh battery production base, expected to be completed by the end of 2025 [12]. - Zhongxin Innovation is investing 15 billion yuan in a project in Xiamen to establish a 60 GWh battery production base, with trial production anticipated in the second quarter of 2026 [14]. Group 3: Market Opportunities - The battery industry is shifting from rapid expansion to a more rational approach, focusing on advancing existing projects, primarily led by major companies [22]. - There remains significant market potential in niche segments for second and third-tier companies, particularly in areas like household storage, portable storage, and electric two-wheelers, where penetration rates are still low [22].

Core Viewpoint - The Hong Kong stock market showed a mixed performance with the Hang Seng Index rising by 0.68% while the Hang Seng Tech Index fell by 0.24% [1] Market Performance - The Hang Seng Index closed at 25,562.13 points with a trading volume of 250.3 billion HKD, down from 281.8 billion HKD in the previous trading day [1] - The afternoon session saw a rebound in the market after an initial decline in the morning [1] Sector Performance - Innovative pharmaceuticals and large financial sectors performed well, while local real estate stocks strengthened in the afternoon [1] - Conversely, sectors such as solar energy, coal, and non-ferrous metals weakened [1] Notable Stocks - Contemporary Amperex Technology Co., Ltd. (宁德时代) surged by 6.24%, reaching a new high since its listing [1] - Hengrui Medicine (恒瑞医药) saw a significant increase of 24.54% after announcing a potential $12.5 billion licensing agreement with GSK [1] - China Ping An (中国平安) rose by 3.49% [1] - Yanzhou Coal Mining Company (兖矿能源) declined by 3.90% [1] - Ganfeng Lithium (赣锋锂业) fell by 6.66% [1]

Group 1 - The Hang Seng Index rose by 0.68% while the Hang Seng Tech Index fell by 0.24% [1] - Heng Rui Medicine saw a significant increase of over 24% [1] - CanSino Biologics increased by over 10% [1] Group 2 - Ningde Times and Dongfang Zhenxuan both rose by over 6% [1] - Ganfeng Lithium experienced a decline of over 6% [1] - Mixue Group fell by nearly 5% [1]

多項指標發出超買警訊，RSI高達78，威廉指標和隨機指標同步超買，動量震盪指標更出現頂背離。歷史數據顯示，當RSI突破75後，短期回調概率增大。5 日振幅達22.7%反映波動劇烈，北水資金雖持續流入，但引伸波幅單週跳升25個百分點，預示波動可能持續。當前技術面呈現多空拉鋸：牛熊力量指標轉為 買入，但CCI指標發出賣出信號；一目均衡表確認上升趨勢，但變動率指標顯示動能減弱。這種矛盾狀態往往預示著行情可能進入震盪整理階段。 贛鋒鋰業近期強勢突破所有關鍵均線，股價站上30.8港元，週四（24日）暴漲10.39%，成交額放大至15.68億港元，技術面呈現典型多頭格局。今日（25日）股價轉跌 0.81%，報30.65元。市場上觀察到，有投資者認為會沒有突破昨日高點，倒跌至24元。投資者看淡，不過目前市場上暫無看跌方向的認沽證或熊證產品。 | 0.600 | 最 高 | -- 開 市 | - 0.5 | | | --- | --- | --- | --- | --- | | +0.000 +0.00% | 最 低 | -- 前 收 | 0.600 | -0.02( | | 成交量 | 0股 成交額 | 0.00 有效槓桿 ...

1、恆指：看多投資者認為技術性調整，下週繼續升25800-26000，過夜牛證，收回價24994點；看跌投資者認為回調至25000，熊證收回價25888 Simon:昨日提到指数偏離頂部比较多，今日回調也屬於合理的。收市價在保力加通道頂部之內。短線技術買賣信號有15個買入和5個賣出，維持看好。上方 阻力位25894點，升穿則上試26500點。投資者認為回調的話，參考下方支持位24600點。选择熊證收回價25888，對於第一個阻力位來看，兩者非常貼近，最 好選擇挨近第二阻力位或26300以上的會更合適一些。 | | | 2、中芯國際 (00981.HK)：半導體逆勢走強，這個月是否見56-60元。也有激進投資者部署熊證，收回價55元。 Simon:信號總結為"強力買入"，短線偏樂觀。第一阻力位55.9元，剛好在56元之前，與投資者的看法只差0.1元。第二阻力位在58.5元，低於60元。熊證收回 價55元比較危險，最好選擇收回價遠的產品，避免即刻收回。 | 信號總結 | 賣出信號 中立信號 | 買入信號 | | --- | --- | --- | | 強力買入 | O | 16 | 3、中國國航 (00753.H ...

Battery - The second-generation Longlin Jia battery from Hive Energy officially launched on July 22, featuring the world's largest mass-produced 800V ternary hybrid battery with a capacity of 65KWh and 5C ultra-fast charging capability, enhancing user charging experience [2][3] - Tesla reported a decline in both revenue and profit for Q2 2025, with revenue at $22.496 billion, down 12% year-on-year, and net profit at $1.172 billion, down 16% year-on-year [4][5] - Ruipu Lanjun's heavy-duty truck battery installation volume surged in the first half of 2025, achieving a market share of 7.5% in the new energy heavy truck battery sector and 18% in battery swapping, both ranking second nationally, indicating strong competitiveness in the heavy truck market [6][7] - Tesla plans to build its third energy storage super factory near Houston, Texas, with the first lithium iron phosphate battery factory expected to be operational by the end of the year [8][9] - Guoxuan High-Tech has initiated the design of the first-generation all-solid-state battery production line, with its Jinshi battery currently in the pilot production stage [10][12] Materials - Zhejiang YouShan New Materials is set to invest in a project in Bijie City, Guizhou Province, to produce 600,000 tons of phosphoric iron annually, along with supporting water treatment facilities [14][15] Overseas - German startup Vulcan received €104 million in government funding for a zero-carbon lithium project, with a total investment of €690 million, aiming for production by the end of 2026 with an annual output of 24,000 tons to meet the demand of 500,000 electric vehicles [16][17] - The Argentine government approved Galan Lithium's $217 million lithium mining project to join the "Large Investment Incentive Program," while China's Ganfeng Lithium's Mariana project was rejected for not meeting criteria [18][20]

Transaction Overview - Jiangxi Ganfeng Lithium Co., Ltd. has approved a proposal to pledge its 49% equity in Minmetals Salt Lake Co., Ltd. and mining rights of two other subsidiaries to secure financing [1][2] - The pledge is intended to support the company's daily operations and financing activities [1] Recent Developments - The company has completed the pledge registration for the 49% equity in Minmetals Salt Lake [1] - As of the announcement date, the pledges for the mining rights of the two other subsidiaries have not yet been completed [2]

证券代码：002460 证券简称：赣锋锂业 编号：临2025-090 江西赣锋锂业集团股份有限公司 本公司及其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、误导性陈述或重大遗漏。 关于以持有子公司股权及矿权质押担保涉及关联交易的进展公告 近日，公司收到全资子公司青海良承矿业有限公司（以下简称"青 海良承"）的通知，青海良承已向相关登记部门提交质押申请，并完 成五矿盐湖 49%股权的质押登记工作。 截至本公告披露日，公司暂未办理横峰县松树岗钽铌矿和宁都河 源锂辉石矿的矿权质押登记。公司董事会将积极关注事项进展情况， 及时履行信息披露义务。敬请广大投资者理性投资，注意投资风险。 特此公告。 江西赣锋锂业集团股份有限公司 董事会 2025 年 7 月 25 日 一、本次交易概述 江西赣锋锂业集团股份有限公司（以下简称"公司"）分别于 2025 年 2 月 21 日召开第五届董事会第八十九次会议、于 2025 年 3 月 17 日召开 2025 年第一次临时股东大会审议通过了《关于以持有子公司 股权及矿权质押担保涉及关联交易的议案》，为保障公司日常经营活 动正常开展，同意公司将持有的参股子公司五矿盐湖 ...