Core Viewpoint - The company, 德新科技, announced a significant stock price fluctuation, with a cumulative increase of over 20% in the closing prices over two consecutive trading days, indicating potential irrational speculation in the market [1] Summary by Sections - **Stock Price Movement** - The stock price of 德新科技 experienced a cumulative increase of over 20% on August 29 and September 1, 2025, which qualifies as an abnormal trading fluctuation [1] - On September 2, 2025, the stock closed again at the limit-up price [1] - **Investor Advisory** - The company cautioned investors about the potential risks associated with the significant short-term price increase, urging them to make rational decisions and invest cautiously [1]

Core Viewpoint - The stock of Delixi New Energy Technology Co., Ltd. has experienced significant price fluctuations, with a cumulative increase of over 20% in two consecutive trading days, indicating potential irrational speculation in the market [1][2][5] Recent Trading Situation - The company's stock closed at a price of 24.88 yuan per share on September 2, 2025, reflecting a rise of 33.6% from the opening price of 18.61 yuan per share on August 29, 2025 [1][2] Company Operations - The company has confirmed that its production and operations are normal, with no significant changes in the internal or external business environment expected in the short term [2] Major Events - The major shareholder, Xinjiang Uygur Autonomous Region State-owned Assets Investment and Operation Co., Ltd., reduced its holdings by 2,335,100 shares, accounting for 1% of the company's total share capital on August 25, 2025 [4] Market Sentiment and Risks - The company has noted that there is a market focus on solid-state battery concepts, although it does not directly produce solid-state batteries [1][2] - The company's current price-to-book ratio is 5.19, significantly higher than the industry average of 3.54, indicating a potential risk of stock price deviation from reasonable valuation [3]

Market Overview - A total of 44 stocks hit the daily limit up, while 40 stocks faced limit down, resulting in a sealing rate of 52% [1] - The market experienced fluctuations throughout the day, with the ChiNext index leading the decline [1] - The total trading volume in the Shanghai and Shenzhen markets reached 2.87 trillion yuan, an increase of 125 billion yuan compared to the previous trading day [1] - The Shanghai Composite Index fell by 0.45%, the Shenzhen Component Index dropped by 2.14%, and the ChiNext Index decreased by 2.85% [1] Stock Performance Analysis - The advancement rate for consecutive limit-up stocks decreased to 28.57%, with Tianpu Co., Ltd. achieving an 8-day limit-up streak [3] - Stocks such as Zhaoxin Co., Ltd. and Dexin Technology also showed notable performances with 4 and 3 consecutive limit-ups, respectively [3] - Low-priced stocks have gained attention, with Zhaoxin Co., Ltd. and Shanzi Gaoke both performing well [3][16] Sector Highlights - The banking, precious metals, robotics, and oil sectors showed the most significant gains, while sectors like CPO, cross-border payments, PCB, and semiconductors faced declines [1] - The photovoltaic industry saw a rebound due to rising prices of polysilicon, with major companies adjusting their prices upwards [5][24] - The solid-state battery sector remained active, driven by recent capital movements and production benefits [5][18] Gold and Precious Metals - Gold futures reached a historical high, exceeding $3,557.1 per ounce, influenced by expectations of interest rate cuts by the Federal Reserve [6][22] - Precious metals continued to lead the gains in the non-ferrous sector, with stocks like Western Gold and Silver Holdings achieving consecutive limit-ups [6][23] Robotics and AI - The industrial mother machine concept gained traction following the release of a high-quality standard system construction plan [7][20] - Tesla's emphasis on its Optimus robot project has heightened interest in the robotics sector, with several stocks experiencing significant gains [7][13] Solid-State Battery Developments - Recent capital operations in the solid-state battery sector have intensified, with companies like Huayu Automotive announcing acquisitions [18] Conclusion - The market is currently characterized by volatility, with various sectors experiencing mixed performances. The focus on low-priced stocks and emerging technologies like robotics and solid-state batteries indicates potential investment opportunities in these areas [1][5][7][18]

Core Viewpoint - The company, 德新科技 (603032.SH), clarifies that it does not directly produce solid-state batteries, despite market speculation surrounding this concept [1] Company Overview - The company's subsidiary, 东莞致宏精密模具有限公司, provides high-precision molds and cutting tools for downstream lithium battery manufacturers and new energy equipment manufacturers [1] - The products offered by the subsidiary are designed to meet various production processes, product performance, and application requirements [1]

德力西新能源科技股份有限公司 股票交易风险提示公告 证券代码：603032 证券简称：德新科技 公告编号：2025-050 一、公司股票近期交易的具体情况 公司股票于 2025 年 8 月 29 日、9 月 1 日连续两个交易日内日收盘价格涨 幅偏离值累计超过 20%，根据《上海证券交易所交易规则》的有关规定，属于 股票交易异常波动情形。2025 年 9 月 2 日公司股票再次以涨停价收盘，9 月 2 日收盘价为 24.88 元/股，相较 8 月 29 日开盘价 18.61 元/股，涨幅已经达到 33.69%。 二、公司关注并核实的相关情况 （一）媒体报道、市场传闻、热点概念情况 第 1 页 共 4 页 截至本公告披露日，公司注意到目前市场上对于公司固态电池概念的热点 情况。公司特此说明：公司不直接生产固态电池，子公司东莞致宏精密模具有 限公司为下游锂电池生产企业、新能源设备制造企业提供能满足不同生产工 艺、产品性能及应用需求的系列极片自动裁切高精密模具、高精密模切刀等产 品及解决方案。 除前期披露的情况外，未发现对公司股票交易价格可能产生重大影响的媒 体报道、市场传闻或热点概念。除公司已披露信息外，不存在其 ...

New Stock Issuance - Fushun Special Steel (600399) has a tender offer period from August 12, 2025, to September 10, 2025[1] - KaiPu Cloud (688228) reported severe abnormal fluctuations on August 30, 2025[1] - Xinhua Jin (600735) announced on August 30, 2025, regarding its stock activities[1] Trading Alerts - JiShi Media (601929) issued a notice on August 30, 2025, regarding trading activities[1] - XianDao Intelligent (300450) and DeChuang Environmental (603177) both reported updates on September 2, 2025[1] - Huahai Pharmaceutical (600521) and *ST HuiCheng (002168) also provided trading updates on September 2, 2025[1] Abnormal Fluctuations - Several companies, including Changjiang Materials (001296) and WanBangDe (002082), reported abnormal fluctuations on August 28, 2025[3] - Longjing Technology (301396) and Jinli Yongci (300748) also noted significant trading irregularities on August 27, 2025[3] - The report includes multiple links to announcements regarding trading activities and fluctuations for various companies[3]

Market Overview - The probability of the Federal Reserve maintaining interest rates in September is 10.4%, while the probability of a 25 basis point rate cut is 89.6% [2] - A-share financing balance reached a historical high of 2.28 trillion, with a financing buy amount of 323 billion, accounting for 11.63% of A-share transaction volume [2] - The financial sector saw significant movements, with stocks like Pacific Securities hitting the daily limit [2] Solid-State Battery Sector - The solid-state battery concept has shown strong performance, with companies like Dexin Technology achieving three consecutive daily limits [3] - Recent capital operations in the solid-state battery sector include Huayu Automotive's acquisition of a 49% stake in Shanghai SAIC Qingtao Energy Technology for 206 million [3] Market Dynamics - The central bank conducted a net withdrawal of 150.1 billion through reverse repos, with the market opening at 3,877 points and fluctuating between 3,828 and 3,885 points [4] - The market has seen a significant increase in trading volume, with a half-day turnover of 1.91 trillion, up 80.5 billion from the previous trading day [4] Support Levels - The 3,830-point level is identified as a strong support, attracting buying interest [5] - If the market can maintain levels between 3,830 and 3,850 points, stability is expected for the following day [5] Technical Indicators - The 20-day moving average is at 3,753 points, indicating a narrowing distance to the index [7] - A sustained test of the 3,830-point support over three days could lead to a gradual upward trend in the market [7]

Group 1 - A-share market saw a total of 55 stocks hitting the daily limit up [1] - The automotive parts sector, represented by Tianpu Co., achieved an 8-day consecutive limit up [1] - Robotics concept stock, Dexin Technology, recorded a 3-day consecutive limit up [1] Group 2 - Precious metals sector stocks, including Western Gold and Silver Nonferrous, both experienced a 2-day consecutive limit up [1]

Group 1 - The automotive parts sector is highlighted by Tianpu Co., which has achieved an 8-day consecutive limit-up in stock price [1] - The precious metals sector sees both Western Gold and Silver Nonferrous achieving a 2-day consecutive limit-up [1] - A total of 55 stocks in the A-share market reached their daily limit-up on September 2, according to Wind data [1] Group 2 - Other notable stocks include DeXin Technology with a 3-day consecutive limit-up in the robotics sector [1] - Stocks such as *ST Weir and ZhaoXin Co. have also shown strong performance with 4-day consecutive limit-ups in industrial machinery and rare earth sectors respectively [1] - The list includes various sectors such as photovoltaic, solid-state batteries, and innovative drugs, indicating diverse investment opportunities [1]

Core Viewpoint - The solid-state battery sector is experiencing significant growth, with multiple companies seeing substantial stock price increases and upcoming industry conferences indicating a shift towards commercialization and technological advancements in solid-state battery technology [1][3]. Group 1: Stock Performance - Daxin Technology has achieved three consecutive trading limits, with a latest price of 24.88 and a rise of 9.99%, resulting in a market capitalization of 57.64 billion [2]. - Yinglian Co. has seen two consecutive trading limits, with a latest price of 20.15 and a rise of 9.99%, leading to a market capitalization of 51.79 billion [2]. - Lushan New Materials reached a trading limit with a latest price of 23.28 and an increase of 10.02%, with a market capitalization of 33.98 billion [2]. Group 2: Industry Events - Several key industry conferences are scheduled, including the 7th High-Energy Solid-State Battery Key Materials Technology Conference on September 23-24, and the 6th China Solid-State Battery Technology Conference on September 24-25 [3]. - A seminar on solid-state battery technology innovation and industrialization will take place from October 22-24, 2025 [3]. Group 3: Technological Developments - Funeng Technology has completed the sample delivery of its first-generation sulfide all-solid-state battery and has developed the second generation, achieving an energy density of 500 Wh/kg [3]. - Leading Intelligent disclosed a net profit of approximately 740 million, a year-on-year increase of 61.19%, with a projected gross margin of 45%-50% for solid-state equipment orders expected to account for 30% by 2025 [3]. Group 4: Market Outlook - The solid-state battery technology is expected to see breakthroughs, with several automakers planning to adopt all-solid-state batteries around 2027, accelerating the industrialization process [5]. - The demand for solid-state electrolytes is projected to reach 210,000 tons, corresponding to a market space exceeding 21 billion, with lithium demand expected to surge significantly post-2027 [5][6]. - By 2030, the shipment of solid-state batteries is anticipated to exceed 600 GWh, with a market scale surpassing 250 billion [6].