Investment Rating - The report maintains a "Buy" rating for the photovoltaic and wind power sectors, indicating a positive outlook for these industries in the near to medium term [4][5]. Core Insights - The photovoltaic industry is undergoing a "de-involution" movement at the national strategic level, focusing on capacity integration in the silicon material segment and strengthening price regulation across the supply chain. The industry is currently at the bottom of the cycle, with future policy strength being a key variable influencing its trajectory. In the medium to long term, the photovoltaic sector is expected to enter a phase of high-quality development, with technological upgrades and market structure optimization becoming core competitive factors [4]. - The wind power sector in China has a strong global competitive advantage, with a relatively reasonable supply-demand structure and robust profitability among companies. The year 2025 is anticipated to be a significant year for offshore wind power development in China, with accelerated construction and favorable export trends [4]. Weekly Market Review - From August 4 to August 8, 2025, the Shanghai Composite Index rose by 2.11%, while the Shenzhen Component Index and the ChiNext Index increased by 1.25% and 0.49%, respectively. The Shenwan Electric Power Equipment Index rose by 1.94%, outperforming the CSI 300 by 0.71 percentage points. Within sub-sectors, photovoltaic equipment, wind power equipment, batteries, and grid equipment experienced changes of +1.29%, +4.50%, +0.99%, and +3.08%, respectively [12][18]. Key Sector Tracking - **Photovoltaic Sector**: The report highlights a significant project where JA Solar is the candidate for a 50MW photovoltaic component procurement project in Tibet, with a bid amount of approximately 36 million CNY and a unit price of 0.7215 CNY/W [3][21]. - **Wind Power Sector**: The report emphasizes the strong profitability of domestic wind power companies in the first half of the year and suggests focusing on leading companies such as Goldwind Technology and Dongfang Cable [4]. Investment Recommendations - **Photovoltaic**: Focus on segments that have undergone sufficient corrections, such as silicon materials, glass, and battery cells. Recommended companies include Aiko Solar, Flat Glass Group, GCL-Poly Energy, and Junda Technology [4]. - **Wind Power**: Maintain a positive outlook on the domestic wind power supply chain, with recommendations for companies like Goldwind Technology and Zhongtian Technology [4]. - **New Energy Vehicles**: The sector continues to grow rapidly, with recommendations to focus on battery and structural components benefiting from low upstream raw material prices, including companies like CATL and EVE Energy [5]. Industry Price Data - The report includes price trends for key materials in the photovoltaic supply chain, indicating fluctuations in silicon material, battery cell, and module prices, which are critical for assessing market dynamics [35][36][38].

龙蟠科技 龙蟠科技 分时图 日K线 周K线 月K线 15.24 0.93 6.50% 8.32% 5.52% 2.80% 0.00% 2.80% 5.52% 8.32% 13.12 13.52 13.91 14.31 14.71 15.10 15.50 09:30 10:30 11:30/13:00 14:00 15:00 0 106万 212万 318万 龙蟠科技（603906）(02465)发布公告，完成已根据认购协议的条款及条件落实。截至本公告日期，认 购事项的相关登记仍待完成。于完成后，本公司持有常州锂源约66.42%的股权，而常州锂源持有 LBM56.04%股权。LBM及LBM Singapore(LBM的全资附属公司)合共持有目标公司80%的股权，而投资 者持有目标公司剩余20%的股权。于完成后，目标公司将继续为本公司的附属公司，而其财务业绩将继 续于本集团综合入账。 ...

格隆汇8月11日丨龙蟠科技(02465.HK)发布公告，完成已根据认购协议的条款及条件落实。截至本公告 日期，认购事项的相关登记仍待完成。于完成后，公司持有常州锂源约66.42%的股权，而常州锂源持 有LBM 56.04%股权。LBM及LBM Singapore（LBM的全资附属公司）合共持有目标公司80%的股权， 而投资者持有目标公司剩余20%的股权。于完成后，目标公司将继续为公司的附属公司，而其财务业绩 将继续于集团综合入账。 ...

Core Viewpoint - Longpan Technology (02465) has completed the subscription agreement, resulting in the company holding approximately 66.42% equity in Changzhou Lithium Source, which in turn holds 56.04% equity in LBM [1] Group 1 - The subscription matter's relevant registration is still pending completion [1] - After completion, the target company will continue to be a subsidiary of Longpan Technology, and its financial performance will be consolidated into the group's accounts [1] - LBM and its wholly-owned subsidiary LBM Singapore collectively hold 80% equity in the target company, while investors hold the remaining 20% [1]

证券代码：603906 证券简称：龙蟠科技 公告编号：2025-105 江苏龙蟠科技股份有限公司 关于部分募集资金专户销户完成的公告 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。 一、募集资金基本情况 | （1）三方监管协议 | | | | --- | --- | --- | | 开户银行 | 银行账号 | 募投项目 账户状态 | | 中国工商银行股份有限公 | | | | 司南京汉府支行 | | | | 兴业银行股份有限公司南 | | 年产 18 万吨可兰素 | | 京分行营业部 | | 项目 | | 招商银行股份有限公司南 | | 新能源车用冷却液 | | 京南昌路支行 | | 生产基地建设项目 | | （2） 四方监管协议 | | | | 开户银行 | 银行账号 | 募投项目 账户状态 | | 兴业银行股份有限公司南 | | 年产 18 万吨可兰素 | | 京分行营业部 | | 项目 | | 招商银行股份有限公司南 | | 新能源车用冷却液 | | 京南昌路支行 | | 生产基地建设项目 | | 招商银行股份有限公司南 ...

江苏龙蟠科技股份有限公司（以下简称"公司"）经中国证券监督管理委员 会《关于核准江苏龙蟠科技股份有限公司公开发行可转换公司债券的批复》（证 监许可[2020]297 号）核准，向社会公开发行面值总额 400,000,000 元可转换公司 债券，扣除已支付的保荐及承销费（含税）人民币 5,000,000.00 元后，公司收到 的募集资金金额为 395,000,000.00 元。上述资金已于 2020 年 4 月 29 日到位，已 经中天运会计师事务所（特殊普通合伙）审验，并出具中天运[2020]验字第 90023 号《验资报告》，且已全部存放于募集资金专户管理。扣除发行费用人民币 2,439,000.00 元后，实际募集资金净额为 392,561,000.00 元 二、募集资金存放和管理的情况 （一）募集资金管理情况 为了规范募集资金的管理和使用，保护投资者权益，本公司依照《中华人民 共和国公司法》《中华人民共和国证券法》《上海证券交易所股票上市规则》《上 海证券交易所上市公司自律监管指引第 1 号——规范运作》等法律法规，公司于 2020 年 5 月 29 日与保荐机构中信证券股份有限公司及中国工商银行股份有 ...

证券代码：603906 证券简称：龙蟠科技 公告编号：2025-104 江苏龙蟠科技股份有限公司 关于控股孙公司增资扩股并引入投资者 交割完成的公告 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。 一、交易概述 江苏龙蟠科技股份有限公司（以下简称"龙蟠科技"或"公司"）分别于 2025 年 2 月 21 日和 2025 年 4 月 17 日召开第四届董事会第三十二次会议和 2025 年第 二次临时股东会，审议通过了《关于 PT LBM ENERGI BARU INDONESIA 增资 扩股并引入投资者的议案》，同意 LG ENERGY SOLUTION, LTD.（以下简称 "LGES"）拟以现金出资 1,597.091112 万美元，认购 255,930.64 股 PT LBM ENERGI BARU INDONESIA（以下简称"锂源（印尼）"）新发行的普通股，取 得锂源（印尼）新股发行完成后 20%的股权。LBM NEW ENERGY (AP) PTE. LTD. （以下简称"锂源（亚太）"）及 LBM NEW ENER ...

Group 1 - The core viewpoint of the article highlights a significant rise in energy storage device concept stocks in the Hong Kong market, with notable increases in specific companies [1] - Longpan Technology (龙蟠科技) experienced a surge, rising nearly 29% at one point [1] - Ruipulan (瑞浦兰) saw an increase of over 23% during the trading session [1]

Group 1 - The core viewpoint of the article highlights a significant rise in energy storage concept stocks in the Hong Kong stock market, with Longpan Technology experiencing a surge of nearly 29% and Ruipu Lanjun rising over 23% [1]

Core Viewpoint - The legal opinion issued by Grandall Law Firm confirms that the procedures for convening and holding the 2025 Fourth Extraordinary General Meeting of Jiangsu Longpan Technology Co., Ltd. comply with relevant laws and regulations, ensuring the legitimacy of the meeting and its outcomes [1][4][7]. Group 1: Meeting Procedures - The meeting was proposed by the 40th meeting of the fourth board of directors held on July 22, 2025, and was convened by the board of directors [2][3]. - The meeting notice was published on July 23, 2025, detailing the time, location, and agenda of the meeting [3]. - The meeting took place on August 8, 2025, at the specified location, and followed the announced procedures for voting [3][4]. Group 2: Attendance and Qualifications - A total of 7 A-share shareholders attended the meeting in person, representing 239,068,776 shares, which is 35.0029% of the total voting shares [5]. - One H-share shareholder attended the meeting, representing 20,015,500 shares [5]. - Additionally, 679 A-share shareholders participated via online voting, representing 4,970,869 shares, or 0.7278% of the total voting shares [5]. Group 3: Voting Procedures and Results - The meeting utilized a combination of on-site and online voting, with the online voting available from 9:15 AM to 3:00 PM on the day of the meeting [3]. - The voting process was conducted according to the company's articles of association and relevant regulations, with results announced immediately after voting concluded [6][7]. - The proposals listed in the meeting notice were approved without objection from the attending shareholders [6][7].