◎记者 王凯丰 2025年，江西有色金属产业迎来历史性突破，营收首次跨越万亿元大关，成为继电子信息产业后全省第 二个万亿级产业集群。作为我国重要的有色金属矿产资源和产业基地，江西实现"新万亿"突破的背后， 资本市场的力量清晰可见。 Choice数据显示，截至2026年1月，按申万一级行业分类，江西共有8家有色金属行业上市公司。2025年 前三季度，这8家公司已实现总营收超4360亿元，实现净利润近80亿元，撑起了全省有色金属产业的"半 壁江山"。 上海证券报记者梳理发现，江西铜业、中国稀土、赣锋锂业等有色龙头企业与近10家产业链上市公司共 同构筑起江西有色金属产业的"四梁八柱"。相关企业通过集群带动、全链布局、创新驱动与绿色转型， 助力江西有色金属产业营收在"十四五"期间保持两位数增长。 龙头引领 聚链成群 要约收购海外上市公司索尔黄金、旗下佳鑫国际在香港与阿斯塔纳同步上市、高精铜板带等新产能加速 释放……作为中国铜工业领头羊和江西铜产业链链主企业，江铜集团成为江西有色金属产业集群"破万 亿"的重要支撑。 2026年伊始，在位于江西南昌艾溪湖畔的总部大楼内，江铜集团先后与福事特、南矿集团两家江西本土 上市公司 ...

Investment Rating - The report does not provide specific investment ratings for the industry sectors mentioned [2]. Core Insights - The overall industry strategy focuses on the simultaneous rise in energy storage volume and price, with ongoing themes in space and AI [3]. - The new energy vehicle supply chain is entering an upward cycle, benefiting companies like CATL and EVE Energy due to the electrification upgrade and optimization of energy storage patterns [3]. - By the end of December 2025, China's electric vehicle charging infrastructure is expected to reach 20.092 million units, a year-on-year increase of 49.7% [3]. - Global energy storage battery shipments are projected to reach 640 GWh in 2025, a year-on-year increase of 82.9%, with CATL maintaining a leading position [3][25]. - The solid-state battery sector is entering a critical phase of engineering and industrialization, with companies like Xiamen Tungsten and Peking University Technology benefiting [4]. Summary by Sections Energy Storage and New Energy - The energy storage trend continues to improve, with companies like Sungrow Power and Huaneng Power benefiting from a significant increase in domestic procurement, which exceeded 100 GWh for the first time [5]. - The average price of lithium battery storage systems has rebounded by 6.39% to 0.5226 yuan/Wh [5]. - AI expansion and global grid upgrades are driving demand for power equipment, benefiting companies like TBEA and Sanyuan Electric [5]. Lithium Carbonate and Battery Materials - The supply and demand for lithium carbonate are exceeding expectations, with companies like Salt Lake Potash and Hunan Youneng benefiting from favorable market conditions [4]. - The cost of phosphoric iron lithium cathode materials has increased, with processing fees rising by 318.7 yuan/ton compared to November averages [4][27]. AI and Robotics in New Energy - The integration of AI and humanoid robots in the new energy sector is gaining traction, with companies like Zhejiang Rongtai and Keda Li benefiting from advancements in robotics [7]. - Tesla's shift towards becoming a robotics company is expected to create new growth cycles, with significant implications for the automotive industry [7][26]. Market Trends and Projections - The report highlights that the global energy storage battery shipment is expected to reach 1,090 GWh in 2026, a year-on-year increase of 70% [25]. - The market for commercial energy storage products is evolving, with larger capacity batteries becoming mainstream and driving innovation in the sector [29].

（文章来源：证券日报） 证券日报网讯 1月26日，赣锋锂业在互动平台回答投资者提问时表示，截至2026年1月9日，公司A股股 东人数为319504户。 ...

Group 1: Hang Seng Index (HSI) - The Hang Seng Index (HSI) showed a slight upward movement on January 23, closing with an increase of approximately 100 points, indicating a neutral short-term trend with mixed market sentiment [1] - Current technical signals for HSI are neutral, with the index fluctuating around 26,700 points and a resistance level at approximately 27,100 points, while support levels are at 26,200 points and 25,800 points [1] - Investors are divided, with bullish investors holding call warrants with recovery prices of 25,788 and 26,428, while bearish investors are planning to buy put warrants with a recovery price of 26,900 [1] Group 2: Meituan-W (03690.HK) - Meituan-W's stock price has been weak, with a slight increase on January 23, closing at 97.5 HKD, while trading volume increased compared to the previous day [7] - Current technical signals show a predominance of buy signals, totaling 10, with resistance levels at 101.8 HKD and 105 HKD [7] - Investors are advised to avoid out-of-the-money products and consider near-the-money call warrants with exercise prices around 99-100 HKD, expiring in April 2025 [7] Group 3: Trip.com Group (09961.HK) - Trip.com Group's stock price has gradually recovered from a low of 446 HKD, closing at 485.4 HKD on January 23, although trading volume has decreased during this upward movement [13] - The current technical signals indicate a majority of buy signals, with 9 buy signals and 5 sell signals [13] - Investors are recommended to choose bull warrants with recovery prices between 382 and 457 HKD to mitigate risks [13] Group 4: Ganfeng Lithium (01772.HK) - Ganfeng Lithium's stock price reached 70 HKD on January 23, breaking through the upper band of the Bollinger Bands, with increased trading volume [19] - The technical signals currently show a predominance of sell signals, with 10 sell signals and 4 buy signals, suggesting caution for bullish investors [19] - Investors interested in put warrants are advised to wait for more suitable products to be issued due to limited options currently available [19] Group 5: Zhaojin Mining (01818.HK) - Zhaojin Mining's stock price slightly increased to 38.6 HKD on January 23, influenced by rising gold prices, but the market sentiment remains cautious [25] - Current support is around 35.5 HKD, with a resistance level at 41.4 HKD, which needs to be broken for further upward movement [25] - Investors should wait for confirmation of a breakout above the resistance level before making further investment decisions [25] Group 6: Xiaomi Group-W (01810.HK) - Xiaomi Group-W's stock price has been on a downward trend, with a slight increase to 36.2 HKD on January 23, accompanied by increased trading volume [30] - Current technical signals show a slight majority of buy signals, but the stock lacks momentum to surpass 50 HKD in the short term [30] - Investors are advised to avoid out-of-the-money products and consider near-the-money call warrants with leverage around 3 times, which are more suitable for current market conditions [30]

BNP Paribas：将赣锋锂业A股评级上调至跑赢大盘，目标价88元人民币。 ...

大华继显发布研报称，维持赣锋锂业（002460）(01772)"买入"评级，并将H股目标价由78港元上调至90 港元;赣锋锂业(002460.SZ)A股目标价由72元人民币升至80元人民币。 大华继显维持赣锋锂业2025年净利润预测为40.7亿元人民币，基于锂盐销量18万吨LCE(同比增长39%) 的预期不变。据此推算，2025年第四季度净利润为3.82亿元人民币，市场普遍预期为4.38亿元人民币。 考虑到更高的销量(2026和2027年分别为23万/27万吨LCE)及更高的锂盐均价(2026/2027年分别为每吨16 万和20万元人民币)，该行将赣锋锂业2026和2027年净利润预测上调67%及58%，分别至32.1亿和52.4亿 元人民币。 ...

智通财经APP获悉，大华继显发布研报称，维持赣锋锂业(01772)"买入"评级，并将H股目标价由78港元 上调至90港元; 赣锋锂业(002460.SZ)A股目标价由72元人民币升至80元人民币。 大华继显维持赣锋锂业2025年净利润预测为40.7亿元人民币，基于锂盐销量18万吨LCE(同比增长39%) 的预期不变。据此推算，2025年第四季度净利润为3.82亿元人民币，市场普遍预期为4.38亿元人民币。 考虑到更高的销量(2026和2027年分别为23万/27万吨LCE)及更高的锂盐均价(2026/2027年分别为每吨16 万和20万元人民币)，该行将赣锋锂业2026和2027年净利润预测上调67%及58%，分别至32.1亿和52.4亿 元人民币。 ...

碳酸锂市场冲高回落，政策扰动与需求现实 博弈加剧 --碳酸锂周报2026年1月12日-1月16日 作 者：杨江涛 执业证书编号：F03117249 交易咨询编号：Z0022644 联 系 方 式：0371-58620082 本周观点 | 分类标准 | 来源 | | 上周升贴水 本周升贴水 | 周度变动 | | --- | --- | --- | --- | --- | | 原料分类 | 旌石料 | -1700 | -1600 | 100 | | | 云母料 | -1600 | -1500 | 100 | | | 盐湖料 | -2050 | -2050 | 0 | | | 同收料 | -2050 | -2050 | 0 | | 企业分类 | 赣锋锂业 | -1300 | -1100 | 200 | | | 九岭锂业 | -1700 | -1500 | 200 | | | 春鹏锂业 | -1400 | -1200 | 200 | | | 瑞福锂业 | -1700 | -1500 | 200 | | | 盛鑫锂业 | -1400 | -1200 | 200 | | | 致远锂业 | -1400 | -1200 | ...

中化新网讯 近日，新余市委常委、统战部部长张志凤专程来到江西赣锋锂业集团股份有限公司，为该 集团所属赣锋锂电颁发"全国就业与社会保障先进民营企业"荣誉证书和奖牌，表彰其在扩容高质量就业 岗位、保障员工合法权益、强化技能人才培育等方面的突出成效。 目前，该公司已为社会提供了上万个稳定的就业岗位;同时积极构建平等、开放的就业环境，持续完善 多元的"薪酬+福利+关怀"体系，全面提升员工福祉。 此外，该公司还建立"师带徒"培养模式和内部培训线上平台，覆盖从一线技术员工、研发工程师到管理 骨干与技能专家的全岗位序列，确保每一位员工都实现与企业共同成长。 ...

MACD金叉信号形成，这些股涨势不错！ 大华继显发表报告，维持赣锋锂业2025年净利润预测为40.7亿元，基于锂盐销量18万吨LCE(按年增长 39%)的预期不变。据此推算，2025年第四季净利润为3.82亿元，市场普遍预期为4.38亿元。考虑到更高 的销量(2026和2027年分别为23万/27万吨LCE)及更高的锂盐均价(2026/2027年分别为每吨16万和20万 元)，该行将赣锋锂业2026和2027年净利润预测上调67%及58%，分别至32.1亿和52.4亿元。 该行对赣锋锂业维持"买入"评级，并将H股目标价由78港元上调至90港元，A股目标价由72元上调至80 元。 ...