Core Insights - The 2025 World Energy Storage Conference opened in Ningde, where the Ministry of Industry and Information Technology released the "New Energy Storage Technology Development Roadmap (2025-2035)", aiming for over 180 million kilowatts of new energy storage capacity by 2027, over 240 million kilowatts by 2030, and over 300 million kilowatts by 2035 [1][2] Group 1: Industry Development Plans - The roadmap outlines development goals for new energy storage technologies, including electrochemical storage, electromagnetic storage, mechanical storage, thermal storage, and hydrogen storage [1] - The "Action Plan for Large-Scale Construction of New Energy Storage (2025-2027)" was issued, targeting over 180 million kilowatts of new energy storage capacity by 2027, with an expected direct investment of approximately 250 billion yuan [2] Group 2: Investment and Project Signings - During the conference, 22 new industrial projects were connected in Ningde, with a total planned investment of 36.7 billion yuan, and 18 projects were signed with a total investment of 24.58 billion yuan, covering new batteries, energy storage systems, new materials, and zero-carbon parks [1] - The commercial model innovation is seen as a key driver for future growth in the energy storage sector, with expectations for improved economic efficiency through coupling with wind and solar installations [2] Group 3: Company Performance - A total of 20 energy storage concept stocks reported net profits exceeding 100 million yuan in the first half of the year, with five companies achieving over 1 billion yuan in net profit, including CATL, BYD, and Sungrow [3][4] - BYD reported a revenue of 371.28 billion yuan in the first half of the year, a year-on-year increase of 23.3%, and signed the world's largest energy storage project contract with a capacity of 12.5 GWh [3] - Sungrow's energy storage system revenue reached 17.80 billion yuan, a year-on-year increase of 127.78%, with its revenue share surpassing that of its photovoltaic inverter business for the first time [3] Group 4: Profit Growth Analysis - Shanshan Co. led in net profit growth with a year-on-year increase of 1079.59%, followed by Jinlang Technology and Camel Group with increases of 70.96% and 69.46%, respectively [4] - The demand for lithium battery materials continues to grow due to the high market demand for new energy vehicles and energy storage, with Shanshan Co. reporting a revenue of 9.858 billion yuan in the first half of the year [4]

Core Viewpoint - As of September 15, a total of 123 stocks in the Shanghai and Shenzhen markets have experienced net financing inflows for five consecutive days or more, indicating strong investor interest in these stocks [1] Group 1: Stocks with Continuous Net Inflows - The stock with the longest consecutive net inflow is Yunnan Energy Investment, which has seen net buying for 20 consecutive trading days [1] - Other notable stocks with significant consecutive net inflows include COFCO Sugar, Loxley Technology, Wankai New Materials, Guotou Capital, Jinxin Agricultural, China Pacific Insurance, Camel Group, and Saint Noble Biotechnology [1]

| 骆驼集团股份有限公司 | 2025 年第一次临时股东会会议须知 3 | | --- | --- | | 骆驼集团股份有限公司 | 2025 年第一次临时股东会会议议程 4 | | 议案一： | 关于修订《骆驼集团股份有限公司章程》的议案 5 | | 议案二： | 关于修订《募集资金管理制度》的议案 6 | | 附表一： 骆驼集团股份有限公司 | 2025 年第一次临时股东会议案表决票 7 | | 附表二： | 授权委托书 8 | | 附表三： | 参加股东会报名表 9 | | 附表四： | 法人代表资格证明 10 | 骆驼集团股份有限公司2025年第一次临时股东会 骆驼集团股份有限公司 2025 年第一次临时股东会 会议资料 中国 · 襄阳 二〇二五年九月 会议须知 各位股东及股东代表： 为维护投资者的合法权益，确保股东会的正常秩序和议事效率，根据《公司 法》《骆驼集团股份有限公司章程》的有关规定，特制定本次股东会会议须知： 1、为保证股东会的严肃性和正常秩序，切实维护股东的合法权益，务请出 席本次股东会的相关人员准时签到参会，参会资格未得到确认的人员不得进入会 场。 2、股东参加股东会，依法享有发言权、 ...

Core Viewpoint - The National Development and Reform Commission and the National Energy Administration have issued a special action plan for the large-scale construction of new energy storage from 2025 to 2027, indicating significant growth potential in the energy storage sector [1] Summary by Category Industry Outlook - The new energy storage sector is expected to experience substantial growth, with 27 energy storage concept stocks in the A-share market reporting year-on-year net profit growth in the first half of the year, including companies like Shanshan Co., Ltd., Keli Yuan, Jinlang Technology, Camel Group, and Tianhong Lithium [1] - Forecasts from five or more institutions suggest that 16 of these stocks are expected to achieve net profit growth exceeding 20% in the next two years [1] Company Performance - Among the 27 energy storage concept stocks, three companies have a rolling price-to-earnings (P/E) ratio below 30, namely Camel Group, Deyang Co., and BYD [1] - In September, 11 stocks saw net financing purchases exceeding 100 million yuan, with Leading Intelligent Technology leading at 3.439 billion yuan [1] Investment Opportunities - Based on the latest closing prices compared to institutional target prices, five stocks have an upside potential exceeding 10%, including BYD, Jinpan Technology, Deyang Co., Koshida, and Camel Group [1]

Core Viewpoint - Camel Group Co., Ltd. has shown a significant increase in stock price and revenue, indicating strong performance in the battery industry, particularly in low-voltage lead-acid batteries and recycling business [1][2]. Financial Performance - As of June 30, 2025, Camel Group achieved a revenue of 7.995 billion yuan, representing a year-on-year growth of 6.22% [2]. - The net profit attributable to shareholders for the same period was 532 million yuan, marking a substantial increase of 69.46% year-on-year [2]. - The company's stock price has increased by 33.50% year-to-date, with a 1.52% rise over the last five trading days and an 8.98% increase over the last 20 days [1]. Shareholder Information - As of June 30, 2025, the number of shareholders for Camel Group was 51,900, a slight decrease of 0.12% from the previous period [2]. - The average number of circulating shares per shareholder increased by 0.12% to 22,620 shares [2]. - The company has distributed a total of 2.522 billion yuan in dividends since its A-share listing, with 892 million yuan distributed over the last three years [3]. Stock Market Activity - On September 12, 2023, Camel Group's stock price fell by 2.02% to 10.68 yuan per share, with a trading volume of 371 million yuan and a turnover rate of 2.93% [1]. - The net outflow of main funds was 15.1153 million yuan, with large orders showing a buy of 80.6891 million yuan and a sell of 86.5395 million yuan [1]. Business Overview - Camel Group, established on July 2, 1994, and listed on June 2, 2011, is primarily engaged in low-voltage battery business, recycling, and energy storage [1]. - The revenue composition of the company includes low-voltage lead-acid batteries (79.06%), recycled lead (14.65%), lithium batteries (4.41%), and others (1.88%) [1]. - The company operates within the electric equipment industry, specifically in the battery sector, and is involved in concepts such as solid-state batteries, battery recycling, hydrogen energy, lithium batteries, and lithium iron phosphate [1].

Group 1 - The stock of Camel Group Co., Ltd. fell by 5.05% on September 10, closing at 10.91 CNY per share, with a trading volume of 848 million CNY and a turnover rate of 6.49%, resulting in a total market capitalization of 12.799 billion CNY [1] - Camel Group, established on July 2, 1994, and listed on June 2, 2011, is based in Xiangyang, Hubei Province, and its main business includes low-voltage automotive batteries, recycling, and energy storage [1] - The revenue composition of Camel Group's main business is as follows: low-voltage lead-acid batteries account for 79.06%, recycled lead for 14.65%, lithium batteries for 4.41%, and others for 1.88% [1] Group 2 - According to data, one fund under China Ocean Fund holds a significant position in Camel Group, specifically the China Ocean Haiyu Mixed A Fund (011514), which held 6,200 shares in the second quarter, accounting for 0.11% of the fund's net value, making it the fourth-largest holding [2] - The China Ocean Haiyu Mixed A Fund, established on April 15, 2021, has a latest scale of 43.3817 million CNY and has experienced a loss of 0.92% this year, ranking 8071 out of 8177 in its category; over the past year, it gained 5.18%, ranking 7510 out of 7982 [2] - The fund manager, Mei Yuhan, has been in position for 4 years and 8 days, with total assets under management of 842 million CNY, achieving a best fund return of 31.56% and a worst return of -32.43% during the tenure [2]

Group 1 - Camel Group Co., Ltd. experienced a decline of 5.05% on September 10, with a stock price of 10.91 CNY per share, a trading volume of 848 million CNY, a turnover rate of 6.49%, and a total market capitalization of 12.799 billion CNY [1] - The company, established on July 2, 1994, and listed on June 2, 2011, is located in Xiangyang, Hubei Province, and its main business includes low-voltage automotive battery operations, recycling, and energy storage [1] - The revenue composition of the company's main business is as follows: low-voltage lead-acid batteries account for 79.06%, recycled lead for 14.65%, lithium batteries for 4.41%, and others for 1.88% [1] Group 2 - Huibai Chuan Fund has a significant holding in Camel Group, with its Huibai Chuan Yuanhang Mixed A Fund (021663) holding 40,000 shares, representing 0.58% of the fund's net value, making it the third-largest holding [2] - The Huibai Chuan Yuanhang Mixed A Fund was established on August 14, 2024, with a latest scale of 23.7802 million CNY, and has achieved a year-to-date return of 19.31%, ranking 3874 out of 8177 in its category [2] - The fund managers, Wu Yubin and Liu Xinyu, have both served for 1 year and 28 days, with the fund's total asset scale at 62.3782 million CNY during their tenure, achieving a best return of 39.46% and a worst return of 38.7% [2][2]

Core Insights - On September 9, Camel Group Co., Ltd. saw a stock price increase of 6.29% with a trading volume of 1.829 billion yuan [1] - The company reported a financing buy-in of 238 million yuan and a net financing buy-in of 74.84 million yuan on the same day [1] - As of September 9, the total financing and securities lending balance for Camel Group was 655 million yuan, indicating a high level of financing activity [1] Financial Performance - For the first half of 2025, Camel Group achieved a revenue of 7.995 billion yuan, representing a year-on-year growth of 6.22% [2] - The net profit attributable to shareholders for the same period was 532 million yuan, showing a significant increase of 69.46% year-on-year [2] - The company has distributed a total of 2.522 billion yuan in dividends since its A-share listing, with 892 million yuan distributed over the past three years [2] Shareholder and Market Activity - As of June 30, 2025, the number of shareholders for Camel Group was 51,900, a slight decrease of 0.12% from the previous period [2] - The average number of circulating shares per shareholder increased by 0.12% to 22,620 shares [2] - Major shareholders have seen reductions in their holdings, with Hong Kong Central Clearing Limited holding 21.976 million shares, down by 10.6366 million shares from the previous period [2]

Group 1 - The core viewpoint of the news is that Camel Group Co., Ltd. has seen a stock price increase of 5.14%, reaching 10.44 CNY per share, with a total market capitalization of 12.248 billion CNY [1] - Camel Group's main business segments include low-voltage lead-acid batteries (79.06% of revenue), recycled lead (14.65%), lithium batteries (4.41%), and other businesses (1.88%) [1] - The company is located in Xiangyang, Hubei Province, and was established on July 2, 1994, with its listing date on June 2, 2011 [1] Group 2 - From the perspective of fund holdings, Penghua Fund has a significant position in Camel Group, with its Penghua Growth Value Mixed A fund holding 2.85% of its net value in Camel shares [2] - In the second quarter, the fund reduced its holdings by 384,500 shares, bringing the total to 2.7192 million shares [2] - The fund has achieved a year-to-date return of 9.29% and a one-year return of 21.08%, ranking 5634 out of 8180 and 5496 out of 7978 respectively [2]

Group 1 - The company held its fourth meeting of the tenth board on September 4, 2025, where it approved the proposal to amend its articles of association [1][42] - The amendments to the articles of association are based on the latest regulations and the company's actual situation, and they require approval from the shareholders' meeting and registration with the local market supervision authority to take effect [3][4] Group 2 - The company announced its 2025 "Quality Improvement and Efficiency Enhancement" action plan to align with national regulatory requirements and enhance shareholder returns [6] - The company aims to focus on its core business of automotive low-voltage power solutions, with significant growth in low-voltage lithium battery sales, which increased by 274% year-on-year [7] - In the first half of 2025, the company achieved operating revenue of 799.52 million yuan, a year-on-year increase of 6.22%, and a net profit attributable to shareholders of 53.17 million yuan, up 69.46% [7] Group 3 - The company plans to continue optimizing its lead-acid battery production capacity and expand its lithium battery business, while also enhancing its global strategy [8] - The company will implement a "one enterprise, one policy" strategy in the domestic market and focus on channel development in the commercial vehicle battery market [9] - The company is committed to digital transformation and enhancing its supply chain management to support its international strategy [9][10] Group 4 - The company emphasizes shareholder returns through a stable dividend policy, having distributed a total of 2.52 billion yuan in cash dividends since its listing [12] - The company plans to develop a three-year dividend return plan to enhance transparency and guide long-term investment [12] Group 5 - The company prioritizes investor communication and aims to improve the quality of information disclosure while maintaining effective communication channels with investors [13] - The company has established a multi-level communication mechanism to understand investor needs and enhance market recognition of its value [13] Group 6 - The company has been continuously improving its governance structure and internal control systems in compliance with relevant laws and regulations [14] - In the first half of 2025, the company revised 25 related systems to enhance its governance framework [15] Group 7 - The company is focused on enhancing the responsibilities of its key personnel, including major shareholders and executives, through training and compliance awareness [16][17] - The company aims to align management incentives with performance to foster a culture of accountability and responsibility [17]