Investment Rating - The report maintains a "Buy" rating for the electric power equipment and new energy industry [1] Core Insights - The lithium battery sector is experiencing a price surge, with lithium carbonate prices rising to 170,000 CNY/ton, a 42% increase from the previous month, and lithium hydroxide prices increasing by 62% to 165,000 CNY/ton [1] - In December, the wholesale sales of domestic new energy passenger vehicles reached 1.42 million units, with a year-on-year increase of 26% for the entire year [1] - The report highlights a reversal in the lithium carbonate cycle, driven by domestic energy storage capacity subsidy policies and the explosive growth of global new energy demand [3][32] Summary by Sections Section 1: Research Insights - The lithium carbonate market is at a cyclical turning point, with prices expected to rise significantly, impacting the entire lithium battery supply chain [14][15] - Sodium batteries are emerging as a cost-effective alternative, with a clear long-term cost advantage over lithium iron phosphate batteries [26][30] Section 2: Industry Tracking and Review - The global new energy vehicle market showed strong growth in December, particularly in China and Europe, while the U.S. market faced challenges [34][36] - In December, domestic energy storage installations reached 63 GWh, a 95% year-on-year increase, indicating a shift towards market-driven growth [40] Section 3: Investment Recommendations - The report recommends focusing on companies involved in lithium carbonate, separators, and solid-state battery technologies, including Ningde Times, Yiwei Lithium Energy, and others [7][32]

每经AI快讯，鼎胜新材2月13日晚间发布公告称，截至本公告提交日，公司及子公司累计实际发生的对 外担保余额约为28.11亿元，其中，公司及子公司为子公司实际担保余额约为28.11亿元，占公司最近一 期经审计净资产的42.15%。 （记者 王晓波） 每经头条（nbdtoutiao）——上市公司净利从暴增9倍到突然预亏超2亿元，董事长为何自掏5000万元补 窟窿？50亿元信托理财也去向成谜，股民直呼看不懂 ...

证券代码：603876 证券简称：鼎胜新材 公告编号：2026-009 江苏鼎胜新能源材料股份有限公司 关于为全资子公司提供担保的公告 为满足江苏鼎胜新能源材料股份有限公司（以下简称"公司"）全资子公司 五星铝业日常经营需要，需向上海浦东发展银行股份有限公司杭州分行（以下简 称"浦发银行"）申请授信等，公司近日与浦发银行签订了《最高额保证合同》， 约定公司为五星铝业提供最高本金余额为人民币 30,000.00 万元的最高额连带 责任保证，担保期限为债务履行期限届满之日起三年，本次担保不存在反担保。 （二） 内部决策程序 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： 担保对象及基本情况 | 被担保人名称 | 本次担保金额 | 实际为其提供的 担保余额（不含本 | | 是否在前期预计 | 本次担保是否有 | | --- | --- | --- | --- | --- | --- | | | | 次担保金额） | | 额度内 | 反担保 | | 杭州五星铝业有限 公司（以下简称"五 | 30,000.00 万元 | ...

证券代码：603876 证券简称：鼎胜新材 公告编号：2026-008 江苏鼎胜新能源材料股份有限公司 关于为全资子公司提供担保的公告 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： 担保对象及基本情况 | 被担保人名称 | 本次担保金额 | | 实际为其提供的 担保余额（不含本 | | 是否在前期预计 | 本次担保是否有 反担保 | | --- | --- | --- | --- | --- | --- | --- | | | | | 次担保金额） | | 额度内 | | | 杭州五星铝业有限 公司（以下简称"五 | 8,000.00 | 万元 | 103,651.06 | 万元 | 是 | 否 | | 星铝业"） | | | | | | | | 杭州鼎福铝业有限 公司（以下简称 | 20,000.00 | 万元 | 3,000.00 | 万元 | 是 | 否 | | "鼎福铝业"） | | | | | | | 累计担保情况 | 对外担保逾期的累计金额（万元） | 0.00 | | --- | --- | | ...

Group 1 - The company Ding Sheng New Materials announced that as of the date of the announcement, the total external guarantee balance incurred by the company and its subsidiaries is approximately 2.789 billion yuan [1] - The guarantees provided by the company and its subsidiaries for their subsidiaries amount to approximately 2.789 billion yuan, which accounts for 41.81% of the company's most recent audited net assets [1]

南财智讯2月9日电，鼎胜新材公告，公司近日与招商银行股份有限公司杭州分行签订《最高额不可撤销 担保书》，为全资子公司杭州五星铝业有限公司提供最高本金余额为人民币8000.00万元的最高额连带 责任保证，担保期限为债务履行期限届满之日起三年；同时与兴业银行股份有限公司杭州临平支行签订 《最高额保证合同》，为全资子公司杭州鼎福铝业有限公司提供最高本金余额为人民币20000.00万元的 最高额连带责任保证。上述担保均在公司2024年年度股东大会授权额度范围内，由董事长签批并签署相 关文件。截至公告日，公司及子公司对外担保总额为278850.25万元，占最近一期经审计净资产的 41.81%，无逾期担保。 ...

Market Overview - The A-share market experienced adjustments today, with the three major indices declining: the Shanghai Composite Index fell by 0.25%, the Shenzhen Component Index decreased by 0.33%, and the ChiNext Index dropped by 0.73% [1] Oil and Gas Sector - Oil and gas stocks rebounded, with Intercontinental Oil and Zhun Oil shares hitting the daily limit. Intercontinental Oil opened at a limit down but surged to a limit up, closing at 5.5 CNY per share, with a market capitalization of 22.82 billion CNY and a trading volume exceeding 4.4 billion CNY. The stock has increased by 76.28% year-to-date [5] - The "2025 Domestic and International Oil and Gas Industry Development Report" was released, predicting that by 2025, domestic oil and gas production will reach 420 million tons of oil equivalent, a historical high, with oil consumption increasing by 1.1% compared to the previous year [5] Chemical Sector - The chemical sector showed collective strength, with stocks like Cangzhou Dahua and Jinniu Chemical hitting the daily limit [5] Solid-State Battery Concept - The solid-state battery concept saw a surge, with stocks such as Huangting International and Dingsheng New Materials hitting the daily limit. Analysts believe that solid-state batteries have entered the medium-scale testing and process optimization phase, with non-automotive applications already in small-scale use, and automotive applications expected to be implemented around 2027 [7][9] - Geely Holding Group announced that its self-developed solid-state battery will complete its first Pack offline in 2026, while Yiwei Lithium Energy plans to achieve breakthroughs in solid-state battery production technology by 2026 [8] - Dongfeng Motor has established a 0.2 GWh solid-state battery pilot line, with plans to mass-produce a 350 Wh/kg solid-state battery by September 2026 [9] CPO Concept - The CPO (Co-Packaged Optics) concept continued to rise, with Zhili Fang hitting the daily limit and reaching a historical high, while Keri Technology also hit the daily limit [11] - Tower Semiconductor announced a collaboration with NVIDIA to develop advanced silicon photonics technology for AI data centers, which is expected to expand AI infrastructure deployment [13] - China Galaxy Securities expressed optimism about the optical communication sector and the supply chain opportunities presented by the rapid development of CPO technology [14]

Market Overview - The market opened lower but rebounded before closing in the red, with the Shanghai and Shenzhen stock exchanges recording a total trading volume of 2.15 trillion yuan, a decrease of 30.5 billion yuan compared to the previous trading day [1] Sector Performance - The chemical sector showed strong performance, with stocks such as Cangzhou Dahua, Jinniu Chemical, Baichuan Shares, and Baihehua hitting the daily limit [1] - The solid-state battery concept experienced fluctuations, with Kosen Technology and Dingsheng New Materials also reaching the daily limit [1] - The humanoid robot concept was active, with Wuzhou Xinchun, Liancheng Precision, and Tianqi Shares hitting the daily limit [1] - Oil and gas stocks saw a recovery, with Zhun Oil Shares reaching the daily limit [1] - Conversely, the consumer sector faced a collective decline, particularly in the liquor and tourism hotel segments, with Huangtai Liquor hitting the daily limit [1] - The AI application sector weakened, with Zhejiang Wenhu Internet hitting the daily limit [1] Index Performance - By the end of the trading session, the Shanghai Composite Index fell by 0.25%, the Shenzhen Component Index decreased by 0.33%, and the ChiNext Index dropped by 0.73% [1]

Market Overview - On February 6, the A-share market experienced significant volatility, with the three major indices initially rebounding after a low open, but ultimately closing lower. The Shanghai Composite Index fell by 0.25% to 4065.58 points, the Shenzhen Component Index decreased by 0.33% to 13906.73 points, and the ChiNext Index dropped by 0.73% to 3236.46 points. The total market turnover was 2.16 trillion yuan, a decrease of 30.8 billion yuan from the previous trading day, with over 2700 stocks rising [1]. Sector Performance Strong Performing Sectors - The mining and oil sectors saw gains, with stocks like Tongyuan Petroleum and Zhun Oil Co. hitting the daily limit [1]. - The chemical sector, particularly fluorine chemicals, showed strength, with Tianji Co. reaching the daily limit. Lithium mining and battery sectors were also active, with stocks such as Kosen Technology and Dingsheng New Materials hitting the daily limit [1]. - The traditional Chinese medicine sector led the market, with stocks like Te Yi Pharmaceutical and Hansen Pharmaceutical hitting the daily limit, supported by a new development plan from the Ministry of Industry and Information Technology [2]. - The chemical sector experienced a collective surge, driven by rising prices of disperse dyes due to increased costs of upstream intermediates [2]. - The power equipment sector rebounded, with stocks like Jinkong Electric and Sanbian Technology hitting the daily limit, reflecting strong demand in the electricity industry [2]. Weak Performing Sectors - The consumer sector, including liquor, tourism, and retail, faced a collective decline, with stocks like Huangtai Liquor hitting the daily limit down [4]. - Real estate-related concepts declined, with Jingtou Development falling over 5%, amid mixed expectations for industry recovery [5]. - AI application concepts saw a downturn, with various AI-related stocks experiencing declines due to uncertainties in commercialization [6]. - The "中字头" (state-owned enterprises) and financial sectors also retreated, as investors sought safer investment strategies following previous gains [6]. Institutional Insights - CICC remains optimistic about the revaluation of Chinese assets, noting that there are no typical signs of a market top despite external pressures. The firm suggests maintaining an overweight position in Chinese stocks and looking for buying opportunities during market fluctuations [7]. - Tianfeng Securities highlights that market sentiment is fragile, with short-term investors cashing out as a primary reason for recent declines in gold prices. They anticipate a period of volatility for gold but expect it to rebound later in the year [7]. - Huachuang Securities predicts a strong recovery in the consumption market during the 2026 Spring Festival, driven by government-led initiatives and diverse promotional activities, which may exceed market expectations [8].

每经AI快讯，2月6日，午后固态电池概念再度拉升，科森科技（603626）、鼎胜新材（603876）涨 停，此前杉杉股份（600884）、百利科技（603959）涨停，恩捷股份（002812）、佛塑科技 （000973）、湖南裕能（301358）、华自科技（300490）等跟涨。 ...