Group 1 - The core point of the announcement is that China Power has declared a cash dividend of 0.08161 yuan per share (tax included) for the first half of 2025 [1] - The record date for the dividend is set for November 25, 2025, and the ex-dividend date is November 26, 2025 [1]

| 证券代码：600482 | 证券简称：中国动力 公告编号：2025-076 | | --- | --- | | 债券代码：110808 | 债券简称：动力定 02 | 中国船舶重工集团动力股份有限公司 关于可转债转股价格调整暨转股复牌的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 重要内容提示： 转股价格调整实施日期：2025 年 11 月 26 日； 本次转股价格调整的原因：公司实施 2025 年半年度利润分配。 一、可转债发行上市概况 经中国证券监督管理委员会《关于核准中国船舶重工集团动力股份有限公司向 中国华融资产管理股份有限公司等发行股份、可转换公司债券购买资产并募集配 套资金的批复》（证监许可[2019]2994 号）核准，公司于 2020 年 9 月 9 日定向发 行了 1,500 万张可转债，每张面值 100 元，发行总额 150,000 万元，期限 6 年， 具体初始转股信息如下： | 定向可转债 | 定向可转债 | | 定向可转债 | | | | 转股起止日期 | | | 公告索引 | | --- ...

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 重要内容提示： 每股分配比例： | 证券代码：600482 | 证券简称：中国动力 | 公告编号：2025-075 | | --- | --- | --- | | 债券代码：110808 | 债券简称：动力定 02 | | 中国船舶重工集团动力股份有限公司 2025年半年度权益分派实施公告 A 股每股现金红利0.08161元（含税） 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/11/25 | － | 2025/11/26 | 2025/11/26 | 差异化分红送转：否 一、 通过分配方案的股东会届次和日期 本次利润分配方案经中国船舶重工集团动力股份有限公司（以下简称"公司"） 2025 年 10 月 30 日召开的2025年第二次临时股东会审议通过。 二、 分配方案 1. 发放年度：2025年半年度 2. 分派对象： 截至股权登记日下午上 ...

本次权益分派股权登记日为：2025年11月25日，除权除息日为：2025年11月26日。 （原标题：中国动力(600482.SH)2025年半年度权益分派：每股派利0.08161元） 格隆汇11月18日丨中国动力(600482.SH)公布2025年半年度权益分派实施公告,本次利润分配以实施分配 的股权登记日总股本22.54亿股为基数，每股派发现金红利0.08161元（含税），共计派发现金红利1.84 亿元（含税）。 ...

格隆汇11月18日丨中国动力(600482.SH)公布2025年半年度权益分派实施公告,本次利润分配以实施分配 的股权登记日总股本22.54亿股为基数，每股派发现金红利0.08161元（含税），共计派发现金红利1.84 亿元（含税）。 本次权益分派股权登记日为：2025年11月25日，除权除息日为：2025年11月26日。 ...

Core Insights - The export of power batteries has become a significant aspect of China's manufacturing presence abroad, with the "new three items" (electric vehicles, lithium batteries, and photovoltaics) emerging as new export pillars, contributing over 900 billion yuan in total exports in the first three quarters of the year, with lithium batteries alone accounting for nearly 400 billion yuan [1][2] - The cumulative export of power and other batteries reached 228.1 GWh from January to October this year, marking a year-on-year increase of 43.9%, with power batteries making up 148.5 GWh, or 65.1% of total exports, and a year-on-year growth of 37.2% [2][3] - The introduction of the EU's new battery regulation, which mandates compliance with strict recycling and carbon footprint reporting requirements, poses significant challenges for Chinese battery manufacturers in maintaining competitiveness in the global market [1][4][6] Export Performance - In the first ten months of this year, the cumulative export of ternary lithium batteries was 87.2 GWh, a year-on-year increase of 25.9%, while phosphate iron lithium batteries reached 60.3 GWh, with a remarkable growth of 58.7% [3] - The export market shows a different distribution compared to the domestic market, with a 40-60 split in favor of ternary lithium batteries overseas, contrasting with the 80-20 split seen domestically [3] Regulatory Challenges - The EU's new battery law requires a "battery passport" for exported batteries, detailing the manufacturer, material composition, carbon footprint, and supply chain information, effective from 2027 [1][4] - The law sets ambitious recycling targets, including a 90% recovery rate for cobalt, copper, lead, and nickel by the end of 2027, and 50% for lithium, with further increases by 2031 [5] Recycling and Compliance - The need for a robust recycling and compliance system is emphasized, as the current recycling network for Chinese companies abroad is still in its infancy, facing challenges such as limited recovery channels and insufficient local operational experience [5][6] - Industry experts suggest that collaboration among upstream and downstream enterprises is essential for developing a comprehensive battery recycling system and compliance innovation [8] Strategic Recommendations - Recommendations include establishing a national battery recycling platform, creating a national battery bank for lifecycle management, and developing a national data center to support carbon footprint tracking and lifecycle management [8] - The industry is encouraged to enhance the integration of carbon footprint databases and promote international recognition of standards to improve competitiveness in the global market [6][8]

Core Insights - The 2025 World Power Battery Conference opened in Yibin, Sichuan, highlighting China's plans to launch a "14th Five-Year" special plan for the development of the power battery industry [1] - Recent data indicates that China's power battery industry has achieved rapid growth, with significant breakthroughs in key core technologies [1] Industry Developments - The energy density of battery cells has exceeded 300 watt-hours per kilogram [1] - The industry has achieved a rapid charging capability, allowing for a 15-minute quick charge [1] - The average driving range of electric vehicles powered by these batteries has surpassed 500 kilometers [1]

Core Insights - The 2025 World Power Battery Conference opened in Yibin, Sichuan, highlighting significant growth in China's power battery sales and exports in the first three quarters of the year [1] Industry Summary - In the first three quarters of this year, China's power battery sales reached 786 GWh, representing a year-on-year increase of 48.9% [1] - The export volume of power batteries exceeded 129 GWh, showing a year-on-year growth of 32.7% [1] - There is a focus on enhancing the performance of liquid power batteries and promoting innovations in high safety, all-climate, and high energy density power battery technologies [1] - Attention is also directed towards breakthroughs in solid-liquid hybrid batteries and all-solid-state batteries, with an emphasis on advancing industrial applications [1] - Currently, all-solid-state batteries are in the research and pilot testing stages, necessitating ongoing efforts to address key scientific and engineering challenges [1]

Core Insights - The 2025 World Power Battery Conference has opened in Yibin, Sichuan, highlighting the importance of the power battery industry in China [1] Industry Developments - The Ministry of Industry and Information Technology's Vice Minister, Xin Guobin, emphasized China's active participation in the formulation of international standards and regulations for the power battery industry [1] - There are over 50 Chinese companies that have achieved localized production and supply overseas, indicating a significant expansion of China's power battery industry on a global scale [1]

Core Viewpoint - The company is implementing a cash dividend distribution plan for the first half of 2025, which includes a temporary suspension of the conversion of its convertible bonds during the distribution period [1][2][4]. Group 1: Dividend Distribution Plan - The company will distribute a cash dividend of 0.08161 yuan per share (including tax) to all shareholders based on the total share capital as of the equity distribution registration date [2]. - As of June 30, 2025, the total share capital of the company is 2,252,861,845 shares, resulting in a total cash dividend payout of approximately 183.86 million yuan (including tax) [2]. - The company plans to maintain the per-share dividend amount even if the total share capital changes before the equity distribution registration date, adjusting the total distribution amount accordingly [2]. Group 2: Convertible Bond Conversion Suspension - The convertible bond "动力定02" (bond code: 110808) will suspend conversion from November 18, 2025, until the equity distribution registration date [1][4]. - The company will announce the details of the equity distribution implementation and the adjustment of the convertible bond conversion price on November 19, 2025 [4]. - Holders of the convertible bonds wishing to enjoy the equity distribution must convert their bonds by November 17, 2025 [4].