格隆汇10月30日｜中美元首会晤带动市场情绪回暖，港股上午盘三大指数集体上涨，恒指涨0.54%，国 指涨0.53%，恒生科技指数涨0.31%。大型科技股走势分化，美团涨4%，腾讯涨2.4%，百度、小米、快 手走低；板块方面，铜价新高，现货黄金上涨，铜业股、黄金股领衔有色金属股上涨，煤炭股、海运 股、光伏股多数走俏。另外，电信设备股走低，中兴通讯(000063)绩后大跌超9%表现最为弱势，生物医 药股、内房股、濠赌股普遍低迷。(格隆汇) | 代码 | 名称 | 昌新价 | 涨跌幅 √ | | --- | --- | --- | --- | | 01772 | 赣锋锂业 | 53.250 | 12.82% | | 03931 | 中创新航 | 34.960 | 12.34% | | 09696 | 天齐锂业 | 49.520 | 8.55% | | 01399 | 锐信控股 | 0.226 | 7.62% | | 00819 | 天能动力 | 8.870 | 5.60% | | 03677 | 正力新能 | 9.380 | 4.45% | | 03750 | 宁德时代 | 575.000 | 2.59% | | ...

Group 1 - The Hang Seng Index rose by 0.54%, gaining 141 points to close at 26,487 points, while the Hang Seng Tech Index increased by 0.31%. The morning trading volume in Hong Kong stocks reached HKD 178.7 billion [1] - Newly listed stock Dipu Technology (01384) surged by 36%, while Baima Tea (06890) rose over 8%, and Haixi New Drug (02637) increased by 7.59% [2] - The demand for energy storage driven by AI is expected to increase significantly, with CITIC Securities forecasting that total lithium battery demand will exceed 2,700 GWh next year, a year-on-year growth rate of over 30%. Energy storage battery demand is projected to exceed 900 GWh, leading to potential shortages in various lithium sectors [2] Group 2 - Ganfeng Lithium (01772) rose over 12%, and Tianqi Lithium (09696) increased by over 8% due to the strong performance of lithium mining stocks [2] - The energy storage sector saw significant gains, with Zhongchu Innovation (03931) rising over 12%, CATL (03750) increasing by 2.59%, and Shuangdeng Co. (06969) gaining over 7% [2] - Ruipu Lanjun (00666) increased by over 8% after the company launched several strategic new products covering energy storage, commercial vehicles, and passenger cars [3] Group 3 - Aneng Logistics (09956) surged by 22% following a privatization proposal from a major shareholder's consortium, with a premium rate exceeding 48% [4] - China Duty Free Group (01880) rose by 3% as the entire Hainan island is set to close in December, which is expected to boost the overall development of Hainan's tourism retail market [5] - China Hongqiao (01378) increased by nearly 7% due to recent production cuts in overseas electrolytic aluminum, which may further widen the supply-demand gap in the electrolytic aluminum market [6] Group 4 - Anjii Food (02648) rose over 8% with a 11.8% year-on-year growth in net profit attributable to shareholders in the third quarter, supported by a collaborative development across all channels [7] - The engineering machinery sector saw significant gains, with September exports continuing to grow year-on-year, and leading companies like Sany Heavy Industry (06031) rising by 9%, Senson International (02155) increasing by 8.02%, and China National Heavy Duty Truck Group (03808) gaining 3.7% [7] Group 5 - WuXi AppTec (02359) fell over 4% as the actual controller's shareholders plan to reduce their holdings by no more than 2% of the company's A-shares [8]

每经AI快讯，中创新航(03931.HK)涨超11%，截至发稿，涨11.44%，报34.68港元，成交额3.4亿港元。 ...

中创新航(03931)涨超11%，截至发稿，涨11.44%，报34.68港元，成交额3.4亿港元。 消息面上，10月28日，《中共中央关于制定国民经济和社会发展第十五个五年规划的建议》发布，政策 文件针对碳减排目标和新型能源体系再次给出定调指引，并提出大力发展新型储能等。中信建投 （601066）指出，统计下来今年1-9月份国内储能项目新增招标255.8GWh，同比增长97.7%。该行上调 明年国内储能新增装机至300GWh，多个环节可能出现短缺。预计明年锂电池总需求有望超过 2700GWh，同比增速超过30%，其中储能电池需求超过900GWh，锂电多个环节可能出现紧缺。 国信证券指出，公司是全球领先的动储电池企业。2021年公司动力电池装机量进入国内前三；2024年公 司动力电池装机量进入全球前四。同时，公司加速推进动力储能双驱动业务战略，2025H1公司储能电 芯出货量已达到全球第四。西牛证券表示，伴随未来更多产能释放、新客户及直供比例的增加，储能业 务预计能够保持较高的增速，有望实现全年45GWh的全年出货目标，并于明年达到约70GWh的水平， 同时利润率亦预计得到改善。 ...

国信证券指出，公司是全球领先的动储电池企业。2021年公司动力电池装机量进入国内前三；2024年公 司动力电池装机量进入全球前四。同时，公司加速推进动力储能双驱动业务战略，2025H1公司储能电 芯出货量已达到全球第四。西牛证券表示，伴随未来更多产能释放、新客户及直供比例的增加，储能业 务预计能够保持较高的增速，有望实现全年45GWh的全年出货目标，并于明年达到约70GWh的水平， 同时利润率亦预计得到改善。 智通财经APP获悉，中创新航(03931)涨超11%，截至发稿，涨11.44%，报34.68港元，成交额3.4亿港 元。 消息面上，10月28日，《中共中央关于制定国民经济和社会发展第十五个五年规划的建议》发布，政策 文件针对碳减排目标和新型能源体系再次给出定调指引，并提出大力发展新型储能等。中信建投指出， 统计下来今年1-9月份国内储能项目新增招标255.8GWh，同比增长97.7%。该行上调明年国内储能新增 装机至300GWh，多个环节可能出现短缺。预计明年锂电池总需求有望超过2700GWh，同比增速超过 30%，其中储能电池需求超过900GWh，锂电多个环节可能出现紧缺。 ...

每经AI快讯，10月30日，港股储能概念股走强，中创新航大涨近10%，天能动力涨超5%，瑞浦兰钧涨 近5%，正力新能涨近4%，宁德时代涨近3%。 ...

消息上，赣锋锂业2025年前三季度营业收入146.25亿元(人民币，下同)，同比增长5.02%；归属于上市公 司股东的净利润2552万元，上年同期亏损6.4亿元；基本每股收益0.01元。 东吴证券指出，电池旺季需求旺盛、排产逐月向上、销量高增长。排产端看，当前电池厂受益于动储需 求，产能供不应求，9月排产环增10%基础上，10月进一步增长10%，同增35%+，大超预期，全年需求 预计40%增长，且头部电池厂26年预示订单乐观，预计出货量25%+增长，明显好于此前15-20%的预 期。欧洲动力+全球储能需求超预期、26年高增可期。(格隆汇) 港股锂电池股拉升明显，其中，中创新航大涨10%领衔，赣锋锂业涨超7%，天能动力涨超5%，天齐锂 业、正力新能涨超3%，宁德时代涨2.5%，超威动力涨1.3%。 | 代码 | 名称 | 最新价 | 涨跌幅 ▽ | | --- | --- | --- | --- | | 03931 | 中创新航 | 34.200 | 9.90% | | 01772 | 赣锋锂业 | 50.500 | 6.99% | | 00819 | 天能动力 | 8.850 | 5.36% | | 0367 ...

Core Viewpoint - Solid-state batteries have become a hot topic in various sectors, including academia, capital, and consumption, with significant market interest and policy support driving their development [3][4]. Capital Market Dynamics - The solid-state battery index has nearly doubled from 1288.8 on April 9 to 2426.32 on October 9, with a recent closing at 2277.83, reflecting strong investor interest [3]. - Major companies in the solid-state battery sector have seen substantial stock price increases, with Penghui Energy up over 54%, Guoxuan High-Tech up over 73%, and CATL up nearly 55% since the second half of the year [6]. - Shanghai Xiba has transformed into a solid-state battery concept stock after partnering with the Chinese Academy of Sciences, resulting in a nearly fourfold increase in its stock price over the past year [6][7]. Academic and Technological Advancements - Chinese research institutions have made significant breakthroughs in solid-state battery technology, enhancing commercial viability [3][8]. - Recent advancements include reducing interface impedance to levels comparable to traditional liquid batteries and solving key challenges in all-solid-state lithium batteries, potentially doubling the range of electric vehicles [8][9]. Industry Perspective - The industry remains cautious despite the excitement in capital and academia, with companies like CATL expressing a conservative outlook on the timeline for commercial viability, projecting small-scale production by 2027 and broader commercialization by 2030 [10][11]. - Concerns exist regarding the distinction between solid-state and semi-solid-state batteries, with regulatory bodies considering new nomenclature to avoid confusion [11]. Competitive Landscape - The competition for solid-state battery technology is intensifying among leading battery manufacturers and automotive companies, with significant investments from both Chinese firms and Japanese companies like Toyota aiming to reclaim market leadership [13][14]. - The solid-state battery market is expected to see a mix of new and existing technologies, with established players likely maintaining their market positions despite potential variations in development timelines [13][14]. Strategic Considerations for Companies - Companies aiming to lead in solid-state battery technology must focus on scale, talent acquisition, and collaboration with research institutions to translate advanced research into commercial applications [14].

Core Viewpoint - Solid-state batteries have become a hot topic in various sectors, with significant capital inflow and policy support driving interest in their development and commercialization [2][3][4]. Capital Market Dynamics - The solid-state battery index (BK0968) nearly doubled from 1288.8 on April 9 to 2426.32 on October 9, with a recent close at 2277.83, reflecting strong market interest [2]. - Major companies in the solid-state battery sector, such as Penghui Energy, Guoxuan High-Tech, and CATL, have seen stock price increases of over 54%, 73%, and 55% respectively since the second half of the year [3]. - Shanghai Washba transformed into a solid-state battery concept stock after collaborating with the Chinese Academy of Sciences, resulting in a nearly fourfold increase in its stock price over the past year [3]. Fund Investments - Numerous funds have heavily invested in solid-state battery themes, with several funds focusing on battery technology, indicating a strong belief in the sector's future [4]. - The newly established Yongying New Materials Fund emphasizes solid-state battery technology as a key direction, predicting 2026 as a potential year for mass production [4]. Academic and Technological Advancements - Recent breakthroughs in solid-state battery research include reducing interface impedance to levels comparable to liquid batteries and achieving flexibility without performance degradation [5][6]. - The advancements suggest a potential increase in battery range, with new technologies allowing for over 1000 kilometers of range with a 100 kg battery [6]. Industry Caution - Despite the excitement in capital and academia, industry players express caution regarding the commercialization timeline of solid-state batteries, with estimates suggesting small-scale production may not occur until 2027 or later [7][8]. - Companies like CATL acknowledge the disparity between market enthusiasm and actual technological readiness, emphasizing the need for a realistic approach to commercialization [7]. Competitive Landscape - Major players in the battery industry, including CATL, Guoxuan High-Tech, and others, are racing to establish a foothold in the solid-state battery market, with significant investments from both domestic and international firms [9]. - The competitive dynamics suggest that while there may be variations in technological advancements, leading companies are likely to maintain their market positions due to their established expertise and resources [9][10]. Strategic Considerations for Companies - Companies aiming to lead in solid-state battery technology must focus on scale, talent acquisition, and collaboration with research institutions to translate innovations into commercial applications [10]. - The unique characteristics of the lithium battery industry necessitate that each company develops its own proprietary knowledge and processes to succeed in the solid-state battery market [10].

智通财经APP获悉，据TrendForce集邦咨询不完全统计，2025年9月国内储能招标市场增长势头强劲，新 增招标量为14.73GW/41.54GWh，环比增长37%/8%。 其中：EPC项目新增招标量12.9GW/33.58GWh，同比增长96%/89%，环比增长72%/41%。 9月EPC招标规模创历史新高，新疆、宁夏、内蒙古等地GWh级项目集中释放。 储能系统新增招标量1.83GW/7.96GWh，同比增长96%/113%，环比下降44%/46%。 25年1-9月国内储能招标102GWh，同比增长30%，招标景气度旺盛。 东吴证券发布研报称，独立储能接力新能源配储，容量电价政策陆续配套出台，国内储能有望实现强劲 增长。 中信建投研报上调明年国内储能新增装机至翻倍： 1. 招标景气上行； 9月伴随电芯供需紧缺，储能设备顺价传导，中标价已筑底反弹。 因此，在旺盛的需求下，明年锂电池总需求有望超过2700GWh，同比增速30%以上，多个环节均可能出 现短缺。 储能相关龙头企业： 比亚迪（01211）：比亚迪在互动平台表示，比亚迪储能始于2008年，专注于储能系统及新型电池的技 术研发和推广应用；已形成集储能 ...