证券代码：603978 证券简称：深圳新星 公告编号：2026-002 深圳市新星轻合金材料股份有限公司 关于对外担保进展的公告 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 | | 新星轻合金材料（洛阳）有限公司（以下 | | --- | --- | --- | --- | | | | 简称"洛阳新星"） | | | | 本次担保金额 | 5,000.00 | 万元 | | 担保对象 | 实际为其提供的担保余额 | 85,692.14 | 万元 | | | 是否在前期预计额度内 | □√是 | □否 □不适用 | | | 本次担保是否有反担保 | □是 | □√否 □不适用 | 被担保人类型 □√法人 □其他______________（请注明） 被担保人名称 新星轻合金材料（洛阳）有限公司 被担保人类型及上市 公司持股情况 □全资子公司 □√控股子公司 □参股公司 □其他______________（请注明） 主要股东及持股比例 公司持股 84.47%；洛阳工控新 ...

Core Viewpoint - The report highlights the continuous growth and optimization of the supply-demand structure in the Chinese electric vehicle (EV) industry, supported by favorable policies and strong market demand [2][3]. Industry Performance - In December, China's monthly production and sales of new energy vehicles reached 1.718 million and 1.71 million units, respectively, marking year-on-year increases of 12.3% and 7.2% [2][3]. - For the entire year of 2025, cumulative production and sales are projected to reach 16.626 million and 16.49 million units, reflecting year-on-year growth of 29% and 28.2% [2][3]. - New energy vehicle sales are expected to account for 47.9% of total new car sales in the market [2][3]. Supply and Demand Dynamics - The supply side is characterized by the continuous introduction of new products from battery and main engine manufacturers, with positive feedback from demand [2][3]. - The industry has experienced significant price declines, leading to reduced capital expenditures, while the supply-demand balance is improving [2][3]. - The industry is actively optimizing capacity and supply, aiming to stabilize prices and ensure profitability for enterprises [2][3]. Price Trends - The report indicates that the prices within the industry are at a bottom level and are beginning to stabilize and recover [2][3]. - Strong demand and tight supply for certain materials, such as lithium carbonate and lithium iron phosphate, are leading to price increases [2][3]. Investment Strategy - The report maintains a "recommended" rating for the new energy vehicle industry, emphasizing the selection of companies that are expected to deliver excess returns [3]. - Focus areas for investment include robotics, solid-state batteries, battery materials, and liquid cooling technologies [3][4]. Industry Dynamics - Recent price movements in the supply chain include lithium carbonate prices rising to 157,900 CNY/ton, an increase of 12.7% from the previous week [6]. - The Ministry of Industry and Information Technology plans to accelerate breakthroughs in solid-state battery technology by 2026 [7].

Core Insights - The report highlights the continuous optimization of the supply-demand structure in the new energy vehicle (NEV) industry, supported by favorable policies and strong demand feedback, leading to a recovery in prices across the industry chain [3][4] - The report maintains a "recommended" rating for the NEV industry, emphasizing the potential for excess returns in sectors such as solid-state batteries, autonomous driving, and battery materials [4] - The lithium price has seen significant increases, with carbonate lithium and hydroxide lithium prices rising by 12.7% and 12.8% respectively, indicating a bullish trend in the industry [5][34] Market Tracking - In December, China's NEV production and sales reached 1.718 million and 1.71 million units respectively, marking year-on-year increases of 12.3% and 7.2% [3][49] - The NEV market accounted for 47.9% of total new car sales in 2025, reflecting a 7 percentage point increase from the previous year [3][49] - The report notes that the NEV index, lithium battery index, and charging pile index have shown positive growth, with respective weekly increases of 1.29%, 1.50%, and 3.16% [5][22] Lithium Battery Industry Price Tracking - The report details that lithium carbonate prices have increased to 157,900 CNY/ton, while lithium hydroxide prices reached 148,900 CNY/ton, both reflecting significant weekly increases [34][37] - The price of phosphoric iron lithium has risen to 52,400 CNY/ton, up 11.3% from the previous week, indicating strong demand in this segment [34][37] - The report also notes stable prices for aluminum-plastic films and separators, with no significant changes observed [37] Industry Dynamics - The report mentions that the Ministry of Industry and Information Technology aims to accelerate breakthroughs in solid-state battery technology and autonomous driving by 2026 [6][67] - Key developments include the launch of L3-level autonomous driving trials by BAIC New Energy and a partnership between Yuanrong Qixing and an international OEM for L3-level technology [6][67] - The report emphasizes the importance of enhancing the self-controllable capabilities of the supply chain and accelerating the development of key technologies in the NEV sector [67] Key Company Announcements - Haopeng Technology forecasts a revenue of 5.7 to 6 billion CNY for 2025, with a net profit increase of 113.69% to 141.09% [71] - The company plans to invest approximately 1.2 billion CNY in solid-state battery production, aiming to capitalize on the growth opportunities in the sector [72] - The report highlights a significant procurement agreement between Rongbai Technology and CATL for the supply of phosphoric iron lithium materials, valued at over 120 billion CNY [72]

（记者 曾健辉） 每经AI快讯，深圳新星1月16日晚间发布公告称，深圳市新星轻合金材料股份有限公司控股股东、实际 控制人陈学敏先生之一致行动人枝江市岩代投资有限公司持有公司股份数量约为2526万股，占公司总股 本比例为11.97%；本次股份解除质押后，岩代投资累计质押公司股份数量为0股，占其持股数量比例为 0%，占公司总股本的比例为0%。公司控股股东、实际控制人陈学敏先生及其一致行动人合计持有公司 股份数量约为7733万股，占公司总股本比例为36.63%；本次股份解除质押后，控股股东、实际控制人 陈学敏先生及其一致行动人累计质押公司股份数量2000万股，占其持股数量比例为25.86%，占公司总 股本的比例为9.47%。 每经头条（nbdtoutiao）——白银50天涨逾80%，疯狂程度远超黄金，历史上爆炒白银往往预示贵金属 牛市已到高潮，这次有何不同？ ...

证券代码：603978 证券简称：深圳新星 公告编号：2026-001 深圳市新星轻合金材料股份有限公司 关于控股股东、实际控制人之一致行动人股份解除质 押的公告 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个别及连带责任。 重要内容提示： 公司于2026年1月16日接到控股股东、实际控制人陈学敏先生之一致行动人 岩代投资的通知，获悉其持有的公司股份办理了解除质押手续。具体事项如下： | 股东名称 | | 枝江市岩代投资有限公司 | | --- | --- | --- | | 本次解除质押股份（股） | 5,250,000 | | | 占其所持股份比例 | 20.78% | | | 占公司总股本比例 | 2.49% | | | 解除质押时间 | 年 2026 1 | 月 日 15 | | 持股数量（股） | 25,262,280 | | 一、本次股份解除质押的基本情况如下： | 持股比例 | 11.97% | | --- | --- | | 剩余被质押股份数量（股） | 0 | | 剩余被质押股份数量占其所持股份比例 | 0% | | ...

深圳市新星公告称，2026年1月15日，控股股东、实际控制人陈学敏之一致行动人岩代投资解除质押525 万股，占其所持股份20.78%，占公司总股本2.49%。岩代投资持有公司股份2526.23万股，占总股本 11.97%，本次解质后累计质押数量为0。截至公告披露日，陈学敏及其一致行动人合计持股7733.39万 股，占总股本36.63%，累计质押2000万股，占其持股25.86%，占公司总股本9.47%。本次解质股份后续 可能再质押。 ...

Core Viewpoint - Shenzhen New Star's stock price has experienced a decline of 4.64% year-to-date, with a notable drop of 2.07% on January 9, 2025, indicating potential concerns among investors regarding the company's performance and market conditions [1]. Financial Performance - For the period from January to September 2025, Shenzhen New Star achieved a revenue of 2.324 billion yuan, representing a year-on-year growth of 25.54% [2]. - The company reported a net profit attributable to shareholders of -61.83 million yuan, which reflects a year-on-year increase of 37.02% [2]. Stock Market Activity - As of January 9, 2025, Shenzhen New Star's stock was trading at 26.93 yuan per share, with a total market capitalization of 5.685 billion yuan [1]. - The stock experienced a trading volume of 272 million yuan on January 9, with a turnover rate of 4.69% [1]. - The stock has seen a net outflow of 37.77 million yuan in principal funds, with significant selling pressure observed [1]. Shareholder Information - As of September 30, 2025, the number of shareholders for Shenzhen New Star increased by 3.62% to 16,500 [2]. - The average number of circulating shares per shareholder decreased by 3.49% to 12,830 shares [2]. Dividend Information - Since its A-share listing, Shenzhen New Star has distributed a total of 42 million yuan in dividends, with no dividends paid in the last three years [3]. Institutional Holdings - As of September 30, 2025, the eighth largest circulating shareholder is the Dongfang Alpha Industry Pioneer Mixed Fund A, holding 1.6514 million shares as a new shareholder [3].

Core Viewpoint - The lithium hexafluorophosphate (LiPF6) market is entering a new upward cycle in the second half of 2025, characterized by structural supply-demand mismatches [1]. Group 1: Market Capacity and Production - By the second half of 2025, the overall market will see an increase in production capacity of only 50,000 tons, with nominal capacity at 470,300 tons and effective capacity at 335,000 tons, leading to a global production of 279,000 tons and a capacity utilization rate of 83% [1]. - Major manufacturers such as Dongfang, Tianji, Tinci, Zhonglan Hongyuan, Hongyuan Pharmaceutical, and Yongtai are expected to operate at full capacity [1]. - The first-tier LiPF6 manufacturers will have production exceeding 35,000 tons in 2025, while second-tier manufacturers will exceed 5,000 tons annually [3]. Group 2: Company Rankings and Market Share - The top three LiPF6 companies will account for over 60% of the market share in 2025, with Tinci Materials holding over 30%, Dongfang at 18.3%, and Xintai New Materials exceeding 13% [8]. - The rankings for LiPF6 producers in 2025 are as follows: - First-tier: Tinci Materials, Dongfang, Xintai New Materials - Second-tier: Jiangxi Shilei, Shida Shenghua, Hongyuan Pharmaceutical, Zhejiang Yongtai, Jiangsu Bikon, Zhonglan Hongyuan, Longde, and Shenzhen New Star [5]. Group 3: Price Trends and Future Outlook - After a prolonged period of stagnation, LiPF6 prices began to rise in July 2025, increasing from a low of 47,000 yuan/ton to 180,000 yuan/ton, marking a 283% increase [10]. - In 2026, global LiPF6 production is projected to reach 375,000 tons, with an additional 150,000 tons of effective capacity coming online, leading to an effective capacity of 400,000 tons and an operating rate exceeding 90% [10]. - Prices are expected to remain high throughout 2026, with the third and fourth quarters anticipated to experience seasonal demand peaks, resulting in continued price increases [10].

1月6日，深圳新星涨0.00%，成交额7.21亿元。两融数据显示，当日深圳新星获融资买入额6863.47万 元，融资偿还8112.05万元，融资净买入-1248.58万元。截至1月6日，深圳新星融资融券余额合计3.27亿 元。 融资方面，深圳新星当日融资买入6863.47万元。当前融资余额3.27亿元，占流通市值的5.32%，融资余 额超过近一年90%分位水平，处于高位。 机构持仓方面，截止2025年9月30日，深圳新星十大流通股东中，东方阿尔法产业先锋混合A （011704）位居第八大流通股东，持股165.14万股，为新进股东。 责任编辑：小浪快报 融券方面，深圳新星1月6日融券偿还0.00股，融券卖出0.00股，按当日收盘价计算，卖出金额0.00元； 融券余量0.00股，融券余额0.00元，超过近一年90%分位水平，处于高位。 资料显示，深圳市新星轻合金材料股份有限公司位于广东省深圳市宝安区观光路公明镇高新技术产业园 新星厂区A栋，成立日期1992年7月23日，上市日期2017年8月7日，公司主营业务涉及铝晶粒细化剂的 研发、生产和销售。主营业务收入构成为：铝箔坯料53.96%，铝晶粒细化剂33.53%， ...

Group 1 - The PVDF concept sector experienced a decline of 1.68%, ranking among the top losers in the concept sector, with companies like Duofuduo, Shenzhen Xinxing, and Putailai showing significant declines [1] - Among the PVDF concept stocks, three companies saw price increases, with Jinming Precision Machinery rising by 0.63%, Zhejiang Zhongcheng by 0.18%, and ST Lianchuang by 0.17% [1] - The main capital outflow from the PVDF concept sector today was 1.457 billion yuan, with 17 stocks experiencing net outflows, and six stocks seeing outflows exceeding 10 million yuan [2] Group 2 - Duofuduo had the highest net capital outflow of 1.114 billion yuan, followed by Juhua Co., Shenzhen Xinxing, and Dongyangguang with net outflows of 148 million yuan, 62.397 million yuan, and 40.527 million yuan respectively [2] - The top stocks in terms of capital outflow within the PVDF concept included Duofuduo (-8.06%), Shenzhen Xinxing (-7.66%), and Putailai (-3.17%) [3] - The trading volume for Duofuduo was 20.47%, indicating significant trading activity despite the price drop [3]