Group 1 - Chinese new energy companies are expanding overseas, creating job opportunities and driving local industrial upgrades [1][3] - Companies like EVE Energy and Guangdong Liyuanheng are leveraging their complete industrial chains and technological innovations to enhance their global competitiveness [1][2] - EVE Energy's revenue increased by approximately 30% year-on-year in Q1, with expectations for stable growth throughout the year [1] Group 2 - EVE Energy has established a sales network in 18 countries and is building wholly-owned factories in Malaysia and Hungary to enhance local operations and supply chain resilience [1][3] - Guangdong Liyuanheng has secured significant orders and expanded into international markets, with an order backlog of 4.921 billion RMB as of May [2] - The establishment of EVE Energy's factories is expected to create around 2,000 jobs in Malaysia and 1,000 jobs in Hungary, contributing to local economic development [3]

Core Viewpoint - The article highlights how Guangdong Liyuanheng Intelligent Equipment Co., Ltd. (Liyuanheng) attracts top talent like Jing Peng through its unique corporate culture, advanced technology research platforms, and broad career development opportunities [1][5]. Company Overview - Liyuanheng, founded in 2014, is a leading global enterprise in the new energy equipment sector, focusing on the research, production, and sales of intelligent equipment [5]. - The company provides comprehensive smart factory solutions for major industries including lithium batteries, energy storage, solid-state batteries, and hydrogen energy [5]. - Liyuanheng has over 20 subsidiaries or offices worldwide, serving Fortune 500 companies and leading enterprises across various sectors [5]. Talent Attraction and Development - The company emphasizes a culture of "technology-based enterprise" and "practicing internal skills," which resonates with employees like Jing Peng [6][8]. - Liyuanheng has established a national postdoctoral workstation and offers significant support for postdoctoral talents, including a 300,000 yuan settlement subsidy for those relocating to Huizhou [8][10]. - The company boasts a research team of over 1,600 high-level talents, including academicians and PhDs, making up about 30% of its total workforce [10]. Research and Funding - Liyuanheng provides substantial research funding, including millions for postdoctoral researchers, covering expenses such as facilities, equipment, and personnel [9][10]. - The company collaborates with universities for talent development, ensuring students gain practical experience and can quickly integrate into the company post-graduation [10].

证券代码：688499 证券简称：利元亨 公告编号：2025-042 广东利元亨智能装备股份有限公司 股票交易异常波动公告 本公司董事会及全体董事保证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。 ● 公司股票价格短期波动幅度较大，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。 一、股票交易异常波动的具体情况 重要内容提示： ● 广东利元亨智能装备股份有限公司（以下简称"公司"）股票交易连续 三个交易日（2025 年 6 月 23 日、2025 年 6 月 24 日、2025 年 6 月 25 日）内收 盘价格涨幅偏离值累计达到 30%。根据《上海证券交易所交易规则》《上海证券 交易所科创板股票异常交易实时监控细则》的有关规定，属于股票交易异常价格 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，公 司及控股股东、实际控制人不存在应披露而未披露的重大信息。 公司股票交易连续三个交易日（2025 年 6 月 23 日、2025 年 6 月 24 日、2025 年 6 月 25 日）内收盘价格涨幅偏离值累计达到 3 ...

关于《广东利元亨智能装备股份有限公司股票交易异 常波动询证函》的回函 广东利元亨智能装备股份有限公司： 贵公司发出的《广东利元亨智能装备股份有限公司股票交易异常波动询证 函》已收悉，经认真自查核实，现将有关问题回复如下： 一、截至目前，本公司不存在涉及贵公司的应披露而未披露的重大信息； 二、截至目前，本公司不存在处于筹划阶段的涉及本公司的重大事项，包括 但不限于筹划并购重组、股份发行、债务重组、业务重组、资产剥离和资产注入 等重大事项； 三、在本次股票交易异常波动期间，本公司不存在买卖贵公司股票的情形。 控股股东: 惠州市利元享投资有限公司 20万年 6月 5日 特此函复。 （本页以下无正文） (本页无正文,为控股股东《<关于广东利元亨智能装备股份有限公司股票交易 异常波动的询证函>的回函》之签署页) 关于《广东利元亨智能装备股份有限公司股票交易异 常波动询证函》的回函 广东利元亨智能装备股份有限公司： 贵公司发出的《广东利元亨智能装备股份有限公司股票交易异常波动询证 函》已收悉，经认真自查核实，现将有关问题回复如下： 一、截至目前，本人不存在涉及贵公司的应披露而未披露的重大信息； 二、截至目前，本人不存在处 ...

沪深两市全天主力资金净流入172.11亿元，其中，科创板主力资金净流入5.13亿元，主力资金净流入的 有272只股，主力资金净流出的有316只股。 证券时报•数据宝统计显示，今日科创板个股上涨的有527只，涨停的有利元亨、华盛锂电等2只，下跌 的有59只。 资金流向方面，今日主力资金净流入的科创板股共有272只，其中，6只个股主力资金净流入超5000万 元，寒武纪主力资金净流入3.81亿元，净流入资金居首；海光信息、利元亨紧随其后，全天净流入资金 分别为2.45亿元、8272.66万元。主力资金净流出的有316只，净流出资金最多的是仕佳光子，该股今日 下跌6.32%，全天主力资金净流出1.23亿元，其次是中芯国际、中无人机，主力资金净流出分别为 8875.15万元、8566.17万元。 | 688122 | 西部超导 | 169.48 | 0.47 | 1.65 | 1.14 | | --- | --- | --- | --- | --- | --- | | 688215 | 瑞晟智能 | 158.42 | 5.74 | 4.59 | 1.46 | | 688348 | 昱能科技 | 156.14 | 1.6 ...

湘财证券指出，鉴于特斯拉在人形机器人领域的飞速发展和大规模量产计划，相关产业链迎来巨大机 遇。建议投资者可关注硬件供应链企业，如生产高精度减速器、高性能电机、灵巧机械手等核心零部件 的厂商，以及提供关键传感器的供应商；自动化与工业集成商中在工业自动化领域经验丰富、能提供工 厂集成方案的公司也值得关注；此外，AI与软件技术提供商，特别是专注机器人操作系统、任务规 划、人机交互软件开发的企业，同样是潜在的投资热点。 人形机器人概念24日盘中走势强劲，截至发稿，利元亨20%涨停，江苏雷利涨近17%，肇民科技、汉威 科技、骏创科技等涨约14%，世运电路、杭齿前进等均涨停。 行业方面，近日，2025杭州国际人形机器人与机器人技术展览会在杭州开幕。本届杭州人形机器人展 以"人形机器人赋能新型工业化"为主题，吸引近300家知名企业携前沿技术与创新产品亮相，其中包括 特斯拉、宇树、云深处、强脑、群核、阿里云、卓益得、清宝、卧龙集团等头部企业与行业知名企业参 展，集中展示了人形机器人整机、仿生驱动、具身智能、脑机接口等。 此外，据中国机器人网消息，马斯克披露特斯拉正全力研发第三代Optimus人形机器人，预示特斯拉在 人形机器 ...

会议预告 会议时间： 2025年7月8日-9日 会议地点： 中国 成都 邛崃 "在液态与固态之间，有一道制造鸿沟"，利元亨研究院院长杜义贤博士在2025高工固态电池技术 与应用峰会上如是说。 在全固态电池的产业化过程中，"界面问题"被公认为最大的工艺难点。杜义贤将其细分为两类： 其一是 同种材料之间的界面致密度不足 ，电极或电解质内部孔隙率高，导致离子传输受阻；其二 是 不同材料层之间的结合性差 ，如电极与电解质膜贴合不牢，容易在循环中剥离。 不仅有前段材料成膜和复合的界面问题。往后的 中段 ，叠片环节又引发新的结构风险。全固态电 池取消隔膜，材料在高压下易在边缘变形，导致短路。再到 后段 ，全固态电池化成分容的压力需 求激增，需施加10-30MPa压力，液态电池仅需0.1-1MPa。 第十八届高工锂电产业峰会 ——产业链格局重整 全场景应用共振 2025高工新能源新材料产业大会 —— 新材料·新动能·新生态 主办单位： 高工锂电、高工储能、高工产业研究院（GGII） 总冠名： 英联复合集流体 利元亨基于对全固态电池工艺的研究， 明确了四大关键工艺节点：高压致密化、电解质与电极片 的复合、极片封装与绝缘、高压 ...

Core Viewpoint - Liyuanheng (688499.SH) reported a significant increase in losses for 2024, with a net profit loss of 1.044 billion yuan, a 455% increase from the previous year's loss of 188 million yuan, and a revenue decline of 50.30% to 2.482 billion yuan, primarily due to reduced demand in the domestic new energy market and extended delivery cycles [2][3]. Financial Performance - In 2024, Liyuanheng achieved a revenue of 2.482 billion yuan, a decrease of 50.30% year-on-year, and a net profit loss of 1.044 billion yuan compared to a loss of 188 million yuan in the previous year [3]. - The company's gross profit margin for 2024 was 7.77%, down 18.67 percentage points from the previous year [3]. - In Q1 2025, Liyuanheng showed signs of recovery with a revenue of 715 million yuan, a 6% decline year-on-year, and a net profit of 12.82 million yuan, reversing the loss from Q1 2024 [4]. Market Conditions - The decline in performance is attributed to a slowdown in the domestic new energy market, a decrease in order volume, and extended delivery and acceptance cycles [3][7]. - Increased competition in the power lithium battery equipment market has led to price concessions during bidding, further impacting revenue and gross margin [3]. Order and Client Dynamics - As of May 31, 2025, Liyuanheng had an order backlog of 4.921 billion yuan, with a significant portion coming from well-known domestic and international lithium battery manufacturers [4]. - The proportion of consumer lithium equipment orders increased to 32.21%, reflecting a recovery in demand in the consumer electronics market [4][5]. Accounts Receivable Issues - As of December 31, 2024, Liyuanheng's accounts receivable amounted to 1.602 billion yuan, with the top five clients accounting for 71.53% of this total [6]. - The aging of accounts receivable is concerning, with 54.93% of the balance being overdue by 1-2 years, leading to a higher bad debt provision of 3.65 billion yuan [6][8]. Financial Strategy and Measures - To address liquidity issues, Liyuanheng increased bank borrowings, resulting in financial expenses of 99.58 million yuan in 2024, a 50.62% increase from 2023 [8]. - The company has implemented measures to improve cash flow, including establishing a communication mechanism with clients to expedite payment processes [8].

Core Viewpoint - The perovskite battery concept has shown a positive performance with a 1.06% increase, ranking fourth among concept sectors, indicating growing investor interest and potential in this technology [1][2]. Market Performance - As of June 20, the perovskite battery sector saw 35 stocks rise, with notable performers including: - Keheng Co., Ltd. (科恒股份) reaching a 20% limit up - Saiwu Technology (赛伍技术) and GCL-Poly Energy (协鑫集成) also hitting the limit up - Jin Xin Nuo (金信诺) and Woge Optoelectronics (沃格光电) increasing by 6.43% and 4.18% respectively [1][2]. - The sector experienced a net inflow of 566 million yuan, with 31 stocks receiving net inflows, and 7 stocks exceeding 30 million yuan in net inflow [2]. Key Stocks and Their Performance - The top stocks in the perovskite battery sector based on net inflow and performance include: - Keheng Co., Ltd. (科恒股份): 20% increase, 2.51 billion yuan net inflow - GCL-Poly Energy (协鑫集成): 9.91% increase, 2.50 billion yuan net inflow - Saiwu Technology (赛伍技术): 10.04% increase, 963.47 million yuan net inflow - Jin Xin Nuo (金信诺): 6.43% increase, 581.85 million yuan net inflow [3][4]. Sector Comparison - The perovskite battery sector's performance is compared to other sectors, with notable increases in: - PET Copper Foil: 2.09% - Lithography Glue: 1.45% - BC Battery: 1.13% - Conversely, sectors like Combustible Ice and Brain-Machine Interface saw declines of -4.14% and -3.34% respectively [2].

Investment Rating - The report assigns an "Accumulate" rating for the company, marking its first coverage [7][16]. Core Viewpoints - The lithium battery equipment industry is expected to recover, with solid-state batteries creating growth opportunities [7]. - The company is positioned to benefit from the domestic lithium battery production expansion, as major manufacturers restart capacity [8]. - The company is accelerating its overseas expansion, with multiple equipment deliveries to clients in North America, Asia, and Europe [9]. - The company has seen a significant increase in high-margin consumer lithium battery equipment orders, which is expected to improve its operational performance [10]. - The company is advancing its solid-state battery initiatives, having successfully bid for its first complete line of sulfide solid-state battery equipment [11]. - The company reported a turnaround to profitability in Q1 2025, with cost reduction and efficiency measures showing initial results [12][14]. Financial Projections - The company is projected to achieve a net profit of 0.6 billion, 1.3 billion, and 1.6 billion yuan for the years 2025 to 2027, respectively, with corresponding P/E ratios of 96, 43, and 33 [16]. - Revenue forecasts indicate a total revenue of 2.48 billion yuan in 2024, with a significant recovery expected in subsequent years [18]. - The gross margin is anticipated to improve significantly, with consumer lithium battery equipment expected to have a gross margin of approximately 26% in 2024 [10].