Core Viewpoint - The article discusses the growth and competitive landscape of the home energy storage and portable energy storage markets, highlighting significant trends, forecasts, and the upcoming 2025 forum focused on battery technology and safety [3][4][6]. Home Energy Storage - In 2024, the global home energy storage shipment is projected to reach 27.8 GWh, marking a 19% year-on-year increase, with Chinese companies accounting for 75% of the shipments [3]. - The leading regions for home energy storage consumption include Europe, the USA, Ukraine, Japan, Australia, Africa, the Middle East, ASEAN, and Russia, with Europe being the largest and most mature market [3]. - The USA, Ukraine, Australia, South Africa, Nigeria, and Brazil are expected to see rapid growth in 2024 due to various factors, including declining electricity prices in Europe [3]. - SPIR forecasts that the global home energy storage market will reach 180 GWh by 2030, representing a 547% increase from 2024 [3]. - The top 10 companies in global home energy storage shipments include Huawei, BYD, Airo Energy, and others [3]. Portable Energy Storage - The global portable energy storage shipment is expected to reach 11 million units in 2024, reflecting a 90% year-on-year growth [4]. - The USA is identified as the largest and most mature market for portable energy storage, driven by outdoor activities and a developed RV market [4]. - Ukraine is projected to experience the fastest growth in 2024 due to energy shortages caused by the Russia-Ukraine conflict [4]. - By 2030, the global portable energy storage market is anticipated to reach 28 million units, a 156% increase from 2024, fueled by outdoor economy growth and emergency power needs [4]. - The top 10 companies in global portable energy storage shipments include EcoFlow, BLUETTI, Jackery, and others [5]. Industry Trends and Challenges - The article notes the emergence of new technologies and materials in battery development, such as fast charging, solid-state, sodium batteries, and full-tab designs, while also highlighting ongoing safety challenges [5]. - The upcoming forum will focus on high safety standards and collaborative innovation within the industry, gathering key stakeholders to discuss technical pain points and share innovative results [6][11]. Forum Details - The 2025 forum will take place on September 26, 2025, in Shenzhen, focusing on high safety and building a new ecosystem for home and portable energy storage [6][11]. - The agenda includes discussions on safety standards, battery technology trends, and market strategies for Southeast Asia and the Middle East [8][9].

证券代码：605117 证券简称：德业股份 公告编号：2025-084 宁波德业科技股份有限公司 关于召开 2025 年半年度业绩说明会的公告 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： ●会议召开时间：2025 年 9 月 18 日（星期四）13:30-14:30 ● 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://roadshow.sseinfo.com/） ●会议召开方式：上证路演中心视频直播和网络互动 ●投资者可于 2025 年 9 月 11 日（星期四）至 9 月 17 日（星期三）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 stock@deye.com.cn 进行提问。公司将在说明会上对投资者普遍关注的问题进行 回答。 宁波德业科技股份有限公司（以下简称"公司"）已于 2025 年 8 月 26 日发 布公司 2025 年半年度报告，为便于广大投资者更全面深入地了解公司 2025 年半 年度经营成果、 ...

Group 1: Solid-State Battery Industry - The solid-state battery industrialization is progressing with support from policies, material advancements, and application developments. Key companies to watch include Xiamen Tungsten, Tianqi Lithium, and others in the supply chain [2][3] - Major developments include the mass production of semi-solid batteries by Zhuhai Guanyu and the upcoming solid-state battery projects by Yiyuan Lithium Energy and others [2] Group 2: Domestic Energy Storage Systems - The domestic energy storage system bidding capacity reached 47.2 GWh in August 2025, reflecting a year-on-year increase of 2158% and a month-on-month increase of 1142%. Cumulative bidding for the year reached 144.1 GWh, up approximately 216% year-on-year [3] - The high demand for energy storage systems indicates a strong need for new power systems in China, laying a foundation for stable market development in 2026-2027. Key companies include Sungrow Power, Yiyuan Lithium Energy, and others [3] Group 3: AIDC Power Equipment Sector - AIDC power equipment companies are expected to benefit from increased capital expenditures, with Alibaba reporting a capital expenditure of 38.7 billion yuan in Q2 2025, up 220% year-on-year [3][32] - The demand for data center construction remains strong, and companies like Jinpan Technology and New Special Electric are positioned to gain from this trend [3][32] Group 4: Power Grid Equipment Sector - Power grid equipment companies are experiencing steady growth, with major firms maintaining robust performance in the first half of 2025. A surge in high-voltage bidding is anticipated in the second half of the year [4][42] - Key companies to focus on include Guodian NARI, Siyi Electric, and others, as they expand their product offerings and international presence [4][42] Group 5: Wind Power Sector - Wind power companies are seeing simultaneous increases in volume and profit, with significant growth in both onshore and offshore projects expected in the latter half of 2025 [4][59] - Companies like Goldwind Technology and Dongfang Cable are recommended for investment as they are well-positioned to benefit from this growth [4][59] Group 6: Investment Recommendations - The report suggests monitoring the recovery of the power grid equipment sector, the progress of offshore wind projects, the advancement of solid-state battery industrialization, and the global demand for energy storage installations [4]

Company Overview - DeYe Co., Ltd. is located in Ningbo, Zhejiang Province, China, and was established on August 4, 2000. The company went public on April 20, 2021. Its main business includes the research, production, and sales of components such as evaporators, condensers, variable frequency control chips, dehumidifiers, and air source heat pump hot air machines [1]. Stock Performance - On September 8, DeYe's stock price increased by 5.19%, reaching 79.47 CNY per share, with a trading volume of 2.802 billion CNY and a turnover rate of 4.09%. The total market capitalization is 71.876 billion CNY. The stock has seen a continuous rise for three days, with a cumulative increase of 19.58% during this period [1]. Revenue Composition - The revenue composition of DeYe's main business is as follows: inverters account for 47.77%, energy storage battery packs 25.69%, heat exchangers 15.68%, dehumidifiers 7.36%, and other products 3.16% [1]. Fund Holdings - According to data from the top ten holdings of funds, one fund under the Fuguo Fund has a significant position in DeYe. The Fuguo Low Carbon Environmental Mixed Fund (100056) reduced its holdings by 441,700 shares in the second quarter, retaining 482,600 shares, which represents 2.93% of the fund's net value, ranking as the ninth largest holding. The estimated floating profit today is approximately 1.8917 million CNY, with a total floating profit of 5.9693 million CNY during the three-day increase [2]. Fund Performance - The Fuguo Low Carbon Environmental Mixed Fund (100056) was established on August 10, 2011, with a current scale of 867 million CNY. Year-to-date returns are 20.93%, ranking 3618 out of 8248 in its category. Over the past year, the return is 24.3%, ranking 5290 out of 8051. Since its inception, the fund has achieved a return of 165.18% [2].

Core Viewpoint - The company, Deyea Co., announced that its stock price experienced an abnormal fluctuation, with a cumulative increase of over 20% in closing prices over three consecutive trading days from September 3 to September 5, 2025 [1] Summary by Relevant Sections - Stock Performance - Deyea Co.'s stock price increased by more than 20% over three consecutive trading days [1] - Company Disclosure - The company conducted a self-examination and confirmed with its controlling shareholder and actual controller that there are no undisclosed significant information as of the date of the announcement [1]

Group 1 - On September 5, a total of 41 stocks were identified with institutional activity, with 21 stocks showing net buying and 20 stocks showing net selling [1] - The top three stocks with the highest net buying by institutions were Jinlang Technology, Deye Shares, and Tianhua New Energy, with net buying amounts of 272 million, 194 million, and 127 million respectively [1] - The top three stocks with the highest net selling by institutions were Sunshine Power, XianDao Intelligent, and Innovation Medical, with net outflow amounts of 677 million, 437 million, and 171 million respectively [1]

Core Viewpoint - The article discusses the growth and competitive landscape of the home energy storage and portable energy storage markets, highlighting significant trends, forecasts, and the upcoming 2025 forum focused on battery technology and safety [3][4][6]. Home Energy Storage - In 2024, the global home energy storage shipment is projected to reach 27.8 GWh, marking a 19% year-on-year increase, with Chinese companies accounting for 75% of the shipments [3]. - The leading regions for home energy storage consumption include Europe, the USA, Ukraine, Japan, Australia, Africa, the Middle East, ASEAN, and Russia, with Europe being the largest and most mature market [3]. - The USA, Ukraine, Australia, South Africa, Nigeria, and Brazil are expected to see rapid growth in 2024 due to various factors, including declining electricity prices [3]. - SPIR forecasts that the global home energy storage market will reach 180 GWh by 2030, representing a 547% increase from 2024 [3]. - The top 10 companies in global home energy storage shipments include Huawei, BYD, Airo Energy, and others [3]. Portable Energy Storage - The global portable energy storage shipment is expected to reach 11 million units in 2024, reflecting a 90% year-on-year growth [4]. - The USA is identified as the largest and most mature market for portable energy storage, driven by outdoor activities and a developed RV market [4]. - Ukraine is projected to experience the fastest growth in 2024 due to energy shortages caused by the ongoing conflict, increasing the demand for emergency power solutions [4]. - By 2030, the global portable energy storage market is anticipated to reach 28 million units, a 156% increase from 2024, fueled by outdoor economy growth and emergency power needs [4]. - The top 10 companies in global portable energy storage shipments include EcoFlow, BLUETTI, Jackery, and others [5]. Industry Trends and Challenges - The article notes the emergence of new technologies and materials in battery development, such as fast charging, solid-state, sodium batteries, and full-tab designs, while also highlighting ongoing safety challenges [5]. - The upcoming forum aims to address these challenges and foster collaboration among industry stakeholders to enhance safety and innovation in the home and portable energy storage sectors [6][10]. Forum Details - The 2025 forum will take place on September 26, 2025, in Shenzhen, focusing on high safety and building a new ecosystem for energy storage [6][11]. - The agenda includes discussions on safety standards, market trends, and technological advancements in home and portable energy storage [8][9].

Core Viewpoint - The inverter industry has experienced a significant surge, with an overall increase of 14.07% in market capitalization, driven by strong performances from key players like Jinlang Technology, Sungrow Power, and DeYe Shares [3][4]. Group 1: Market Performance - The inverter sector saw all stocks rise, with Jinlang Technology hitting a daily limit up of 20% and Sungrow Power increasing by over 16% [3][4]. - Key stock performances include: - Jinlang Technology: +19.99% with a market cap of 44.32 billion - Sungrow Power: +16.67% with a market cap of 217.11 billion - DeYe Shares: +10.00% with a market cap of 32.74 billion [4]. Group 2: Competitive Landscape - The three major players in the inverter market are Sungrow Power, Jinlang Technology, and DeYe Shares, each focusing on different segments: - Sungrow Power: Concentrated on energy storage systems - Jinlang Technology: Specializes in string inverters and energy storage - DeYe Shares: Focuses on household storage and micro-inverters [8][17]. - Financial projections for the first half of 2025 indicate: - Sungrow Power: 77.3 million in net profit (+56%) - Jinlang Technology: 6.0 million in net profit (+71%) - DeYe Shares: 15.2 million in net profit (+23%) [8]. Group 3: Future Trends - The inverter market is expected to see a compound annual growth rate (CAGR) of over 30% from 2025 to 2027, particularly in household storage due to high electricity prices and power outages in regions like Africa and Latin America [14]. - The technology trajectory indicates a shift towards higher voltage string inverters and a doubling of market share for micro-inverters by 2028 in response to safety regulations in Europe and the U.S. [11]. Group 4: Product and Profitability Insights - The bundled sales of battery and inverter systems (energy storage inverters) are projected to have a gross margin 5-8 percentage points higher than pure inverters, with all three companies actively pursuing this strategy [12]. - The competitive positioning highlights: - Sungrow as the "scale leader" - Jinlang as the "storage elasticity" - DeYe as the "niche player" [16][17].

股票交易异常波动公告 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： 宁波德业科技股份有限公司（以下简称"公司"或"本公司"）股票于 2025 年 9 月 3 日、9 月 4 日、9 月 5 日连续三个交易日内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。 经公司自查并向控股股东及实际控制人核实，截至本公告披露日，不存 在应披露而未披露的重大信息。 公司敬请广大投资者注意二级市场交易风险，理性决策，审慎投资。 证券代码：605117 证券简称：德业股份 公告编号：2025-083 宁波德业科技股份有限公司 一、股票交易异常波动的具体情况 公司股票于 2025 年 9 月 3 日、9 月 4 日、9 月 5 日连续三个交易日内收盘价 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。 二、公司关注并核实的相关情况 （一）生产经营情况 经公司自查，公司目前生产经营活动一切正常，市场环境、行业政策没有 ...

Core Insights - On September 5, a total of 41 stocks were involved with institutional investors, with 21 showing net buying and 20 showing net selling [1] - The top three stocks with the highest net buying by institutions were Jinlang Technology, Deye Shares, and Tianhua New Energy, with net buying amounts of 272 million, 194 million, and 127 million respectively [1] - The top three stocks with the highest net selling by institutions were Sunshine Power, Xian Dao Intelligent, and Innovation Medical, with net selling amounts of 677 million, 437 million, and 171 million respectively [1] Institutional Net Buying Summary - Jinlang Technology: 19.99% increase, net buying of 272.17 million [2] - Deye Shares: 10.00% increase, net buying of 194.18 million [2] - Tianhua New Energy: 20.01% increase, net buying of 127.13 million [2] - Other notable net buyers include Meibang Clothing (3.02%, 107.69 million) and Fangzheng Technology (10.05%, 91.54 million) [2] Institutional Net Selling Summary - Sunshine Power: 16.67% decrease, net selling of 677.49 million [4] - Xian Dao Intelligent: 20.01% decrease, net selling of 437.08 million [4] - Innovation Medical: 7.16% decrease, net selling of 171.01 million [4] - Other notable net sellers include Tianyue Advanced (20.00%, -560.38 million) and Yiwai Lithium Energy (16.59%, -470.42 million) [3][4]