Core Viewpoint - The company, Ding Sheng New Materials, is focusing on expanding its battery foil production capacity to meet the growing demand in the overseas new energy market, leveraging its existing production bases in Thailand and Europe [1] Group 1 - As of the end of 2025, the company is inquiring about its maximum production capacity for battery foil in tons across all global production bases [1] - Currently, the company's battery foil products are primarily sold domestically [1] - The company plans to utilize its production bases in Thailand and Europe to supply battery aluminum foil to the overseas new energy market in the future [1]

Core Viewpoint - The company, Ding Sheng New Materials (603876.SH), primarily sells its battery foil products domestically but plans to leverage its existing bases in Thailand and Europe to supply battery aluminum foil to meet the demand of the overseas new energy market [1] Group 1 - The company's current focus is on domestic sales of battery foil products [1] - Future plans include utilizing production capabilities in Thailand and Europe to cater to international markets [1] - The strategy aims to align with the growing demand in the overseas new energy sector [1]

Investment Rating - The industry investment rating is "Overweight" indicating a positive outlook for the sector compared to the overall market performance [2]. Core Insights - The report highlights the continuation of electric vehicle (EV) subsidies in 2026, which is expected to enhance the penetration rate of EVs and boost sales, particularly for mid to high-priced models [2]. - The implementation of a large-scale equipment renewal and consumer goods replacement policy reflects the government's commitment to supporting the consumption of new energy vehicles [2]. - The report anticipates a strong demand for lithium batteries in 2026, driven by the sustained growth in electric vehicle sales and the continuation of the old-for-new policy [2]. Summary by Sections Policy Impact - The 2026 policy includes subsidies for scrapping and replacing old vehicles, with personal consumers receiving up to 20,000 yuan for qualifying new energy vehicles [2]. - The policy aims to support the transition to low-emission vehicles, including electric trucks and city buses, thereby alleviating concerns about subsidy reductions for electric heavy trucks [2]. Market Performance - In 2025, the old-for-new policy significantly boosted the sales of new energy vehicles, with production and sales reaching 14.91 million and 14.78 million units respectively, marking a year-on-year growth of 31.4% and 31.2% [2]. - The report notes that the domestic power battery sales reached 1,044.3 GWh in 2025, reflecting a 50.3% year-on-year increase, indicating a robust market for battery manufacturers [2]. Investment Recommendations - The report suggests focusing on leading battery companies such as CATL, Zhongxin Innovation, and Yiwei Lithium Energy, as well as material suppliers like Hunan Youneng and Tianwei Technology, due to their strong market positions and growth potential [2]. - The anticipated increase in electric vehicle penetration and battery demand presents a favorable investment landscape for stakeholders in the new energy sector [2].

Group 1 - The core viewpoint of the news is that the recent sharp decline in precious metal prices has led to a significant drop in the A-share market for non-ferrous metal stocks, with silver-related stocks experiencing the most substantial losses [1] - Precious metals have seen a widespread drop after a period of rapid increases, with spot gold falling over 4% from around 4547 USD to approximately 4300 USD, spot silver dropping from 84 USD to 70.5 USD, and spot palladium declining from 1983 USD to 1592 USD, ultimately closing down over 14% [1] Group 2 - Silver-related stocks experienced notable declines, with Silver Industry Co. down 7.53%, Hunan Silver down 6.59%, and Precision Arts Co. down 5.73% [2] - Other companies also faced losses, including Yuguang Gold Lead down 5.64%, Dingsheng New Materials down 5.20%, and Xinye Silver Tin down 4.87% [2] - The total market capitalization of these companies varies, with Silver Industry Co. at 42.7 billion, Hunan Silver at 19.2 billion, and Ganfeng Lithium at 131.2 billion [2]

Core Viewpoint - The significant drop in precious metal spot prices has led to a collective decline in the A-share market's non-ferrous metal stocks, with silver-related stocks experiencing the most substantial losses [1][2]. Group 1: Market Performance - Silver non-ferrous stocks fell sharply, with Silver Industry Co. down over 7%, Hunan Silver down over 6%, and several other companies like Jingyi Co., Yuguang Gold Lead, and Dingsheng New Materials dropping over 5% [1]. - The overall market saw declines, with companies such as Xinye Technology, Guiyan Platinum, and Ganfeng Lithium also experiencing drops exceeding 4% [1]. Group 2: Precious Metal Price Movements - Recent surges in precious metals have reversed, with spot gold dropping over 4%, falling from approximately $4,547 to around $4,300 [2]. - Spot silver saw a significant decline from $84 to $70.5, while palladium prices plummeted from $1,983 to $1,592, ultimately closing down over 14% [2].

Group 1 - The company, Ding Sheng New Materials (603876), has confirmed that some of its battery foil product prices have been agreed upon with relevant customers based on market supply and demand conditions [1] - The company is in the process of confirming and implementing prices for other related products with customers [1] - The market share of the company's battery foil products is at an industry-leading level [1]

Group 1 - The company, Ding Sheng New Materials, is currently increasing its production capacity of carbon aluminum foil in an orderly manner [2] - The company is recognized as one of the important suppliers of carbon foil in the market [2]

从资金流向上来看，当日工业金属板块主力资金净流出33.68亿元，游资资金净流出1.28亿元，散户资金 净流入34.96亿元。工业金属板块个股资金流向见下表： 证券之星消息，12月29日工业金属板块较上一交易日下跌2.03%，国城矿业领跌。当日上证指数报收于 3965.28，上涨0.04%。深证成指报收于13537.1，下跌0.49%。工业金属板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 300337 | 银邦股份 | 15.62 | 14.18% | 184.78万 | 27.06亿 | | 603876 | 鼎胜新材 | 15.76 | 9.98% | 66.30万 | 10.25亿 | | 601212 | 白银有色 | 6.24 | 6.30% | 600.40万 | 37.80亿 | | 000603 | 盛达资源 | 31.22 | 4.52% | 67.85万 | 21.27亿 | | 002988 | 豪美新材 | 38.16 | 3.92% | 5.60万 ...

《通报》指出，近年来，安徽省上下深入学习贯彻习近平总书记关于质量工作的重要论述和考察安徽重 要讲话精神，认真落实党中央、国务院决策部署和安徽省委、省政府工作要求，加快质量强省建设，加 强全面质量管理，促进质量变革创新，产品、工程、服务质量和品牌竞争力明显提升，经济发展质量效 益稳步提高，人民群众质量获得感显著增强。 转自：中国质量报 本报讯 （记者李 辉）12月23日，安徽省人民政府印发《关于第七届安徽省人民政府质量奖的通报》 （以下简称《通报》），对在质量工作中作出突出贡献的组织和个人予以表彰。 《通报》希望受表彰的组织和个人珍惜荣誉、再接再厉，在提升质量效益、推动高质量发展方面展现新 作为、创造新成绩。各地、各单位和广大质量工作者要以受表彰的组织和个人为榜样，深入贯彻党的二 十大和二十届历次全会精神，大力增强质量意识，加快实施质量提升行动，聚力推动"皖美"品牌建设， 为"十五五"期间安徽经济向上结构向优、更好发挥经济大省挑大梁作用提供坚实质量支撑，为加快打 造"三地一区"、奋力谱写中国式现代化安徽篇章作出新的更大贡献。 为树立标杆、弘扬先进，根据《安徽省人民政府质量奖管理办法》，安徽省人民政府决定授予安徽 ...

每经AI快讯，鼎胜新材（SH 603876，收盘价：13.77元）12月24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27.66亿元，其中，公司及子公司为子公司实际担 保余额约为27.66亿元，占公司最近一期经审计净资产的41.47%。 2024年1至12月份，鼎胜新材的营业收入构成为：有色金属铝压延占比95.57%，其他业务占比4.43%。 （记者 王晓波） 截至发稿，鼎胜新材市值为128亿元。 每经头条（nbdtoutiao）——左手"欠款"右手"豪购"！杨陵江收购"国内酒庄第一股"，1919是否重启上 市？"吹太多牛都实现了，但千亿还没实现，我很着急" ...