证券代码：688353 证券简称：华盛锂电 公告编号：2025-069 江苏华盛锂电材料股份有限公司 股东减持股份计划公告 本公司董事会、全体董事及相关股东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、准确性和完整性依法承担法律 责任。 重要内容提示： 大股东持有的基本情况 截至本公告披露日，江苏华盛锂电材料股份有限公司（以下简称"公司"或"发 行人"）股东苏州敦行聚才创业投资合伙企业（有限合伙）（以下简称"敦行聚才"） 持有公司股份 594,500 股，占公司总股本 0.37%（按截至本公告披露之日公司总 股本 159,500,000 股计算，下同）。 敦行聚才和公司股东苏州敦行投资管理有限公司-苏州敦行价值二号创业投 资合伙企业（有限合伙）（以下简称"敦行二号"）、苏州敦行投资管理有限公司- 苏州敦行价值三号创业投资合伙企业（有限合伙）（以下简称"敦行三号"）、苏州 敦行价值创业投资合伙企业（有限合伙）（以下简称"敦行价值"）三者的执行事 务合伙人均为苏州敦行投资管理有限公司，马阳光为苏州敦行投资管理有限公司 的执行董事，并且通过苏州敦行企业管理咨询有限公司持股 85%。 ...

Core Viewpoint - Suzhou Dunxing Jucai Venture Capital Partnership plans to reduce its stake in Huasheng Lithium Battery by up to 594,500 shares, representing no more than 0.37% of the company's total share capital, due to its own funding needs [1] Summary by Category - **Share Reduction Details** - The planned share reduction will occur through centralized bidding from November 25, 2025, to February 24, 2026 [1] - The maximum number of shares to be reduced is 594,500 [1] - **Reason for Reduction** - The reduction is attributed to the shareholder's own funding requirements [1]

Core Viewpoint - Suzhou Dunxing Jucai Venture Capital Partnership intends to reduce its stake in Huasheng Lithium Battery by selling up to 594,500 shares, which represents no more than 0.37% of the company's total share capital [1] Summary by Category - **Shareholder Action** - Suzhou Dunxing Jucai holds a 0.37% stake in Huasheng Lithium Battery and plans to sell up to 594,500 shares [1] - The proposed reduction in shares is due to the shareholder's own funding needs [1]

Core Viewpoint - Huasheng Lithium Battery announced that its shareholder Suzhou Dunxing Jucai Venture Capital Partnership (Limited Partnership) plans to reduce its holdings through centralized bidding due to funding needs, with a maximum reduction of 594,500 shares, accounting for no more than 0.37% of the total share capital [1] Summary by Relevant Sections - **Shareholder Reduction Plan** - Dunxing Jucai intends to reduce its holdings from November 25, 2025, to February 24, 2026, with shares sourced from pre-IPO acquisitions and capital reserve increases [1] - **Shareholding Structure** - Dunxing Jucai, along with Dunxing No. 2 and Dunxing No. 3, collectively holds 18.27% of the company's shares and is considered a concerted actor [1] - **Impact on Company** - The reduction plan is not expected to have a significant impact on the company's governance structure or ongoing operations [1]

Group 1 - The shareholder Suzhou Dunxing Jucai Venture Capital Partnership plans to reduce its holdings by up to 594,500 shares, representing a maximum reduction of 0.37% of the total share capital [1] - The shareholder currently holds 594,500 shares, which is 0.37% of the total share capital, and has a total combined holding with its concert party of 29,142,400 shares, accounting for 18.27% [1]

Core Viewpoint - The lithium battery sector in the A-share market has experienced a significant decline, with multiple stocks showing substantial drops in their share prices [1][2]. Group 1: Stock Performance - Haike Xinyuan (301292) saw a decline of 12.91%, with a total market capitalization of 7.034 billion [2]. - Xian Dao Intelligent (300450) decreased by 7.69%, with a market cap of 84.6 billion [2]. - Keda Manufacturing (600499) fell by 7.09%, with a market value of 23.4 billion [2]. - Zhongcai Technology (002080) dropped by 7.04%, with a market capitalization of 54.1 billion [2]. - Bolivian (688345) experienced a 7.02% decline, with a market cap of 3.736 billion [2]. - Jia Yuan Technology (688388) decreased by 6.45%, with a market value of 16.9 billion [2]. - Zhongyi Technology (301150) fell by 6.31%, with a market capitalization of 9.733 billion [2]. - Tianhong Lithium Battery (920252) saw a decline of 6.16%, with a market cap of 3.11 billion [2]. - Daway Co. (002213) dropped by 5.85%, with a market value of 6.264 billion [2]. - Duofluor (002407) decreased by 5.63%, with a market capitalization of 31.9 billion [2]. - Other notable declines include Changzuo Period (688353) down by 5.12%, Shida Shenghua (603026) down by 4.98%, and Dangsheng Technology (300073) down by 4.90% [2].

Group 1 - The A-share market for lithium battery concept stocks has weakened significantly, with notable declines in various companies [1] - Haike Xinyuan experienced a nearly 13% drop, while companies such as Xian Dao Intelligent, Keda Manufacturing, and Zhongcai Technology fell over 7% [1] - Other companies like Jiayuan Technology, Zhongyi Technology, and Tianhong Lithium also saw declines exceeding 6%, and Daway Co., Duofuduo, and Huasheng Lithium dropped over 5% [1]

Investment Rating - The industry investment rating is "Positive" [2] Core Viewpoints - The new lithium battery cycle is driven by energy storage, with significant demand expected from 2025 to 2027, particularly a 50% growth in energy storage demand in 2026 [3] - The core material segments lack supply elasticity, with slow capacity expansion due to environmental regulations and high energy consumption [3] - Battery materials are beginning to show price elasticity, with expectations of a price uptrend in segments like lithium hexafluorophosphate and iron lithium [3] Summary by Sections Demand - The new lithium battery cycle is driven by energy storage, with historical cycles previously driven by policy and electric vehicle pricing [3] - The expected demand growth for energy storage is significant, with a forecasted 50% increase in 2026 [3] Supply Elasticity - Key materials such as lithium hexafluorophosphate, iron lithium, and anode materials face slow capacity expansion due to environmental concerns and high energy requirements [3] Pricing - Battery materials are entering a price uptrend, with expected utilization rates for various segments in 2026 indicating a tight balance in the industry [3] Investment Recommendations - The report suggests focusing on companies such as CATL, Yiwei Lithium Energy, Tianci Materials, and others that are well-positioned to benefit from the energy storage demand cycle [4]

Core Insights - Haike Xinyuan's stock price increased by over 10%, reaching a new high, indicating strong market performance [1] - Tianji Co., Ltd. hit the daily limit, reflecting positive investor sentiment [1] - Other companies such as Zhongke Electric, Penghui Energy, Huasheng Lithium Battery, Enjie Co., Ltd., and Xingyuan Materials also experienced significant gains [1] Company Performance - Haike Xinyuan's stock performance is highlighted by a notable increase of over 10% [1] - Tianji Co., Ltd. achieved a daily limit increase, showcasing robust trading activity [1] - Zhongke Electric, Penghui Energy, Huasheng Lithium Battery, Enjie Co., Ltd., and Xingyuan Materials all followed suit with substantial stock price increases [1] Industry Trends - The overall trend in the market shows a positive movement in the lithium battery and energy sectors, as indicated by the performance of multiple companies [1] - The surge in stock prices across these companies suggests a growing investor confidence in the industry [1]

Core Viewpoint - The battery sector experienced a significant rally, with notable stock price increases among various companies, indicating strong market interest and potential growth in the industry [1] Group 1: Stock Performance - Haike Xinyuan saw its stock price surge over 15%, reaching a new high [1] - Tianji Co. hit the daily limit up, reflecting strong investor confidence [1] - Other companies such as Zhongke Electric, Penghui Energy, Huasheng Lithium Battery, Enjie Co., and Xingyuan Materials also experienced upward movement in their stock prices [1]