格隆汇12月16日丨孚能科技(688567.SH)公布，江西立达、北京立达、共青城立达、深圳立达计划通过 大宗交易方式和/或集中竞价方式减持其持有的公司股份，拟减持股份数量合计不超过2444.21万股，拟 减持股份合计占公司总股本的比例不超过2.0000%。本次减持期间：通过集中竞价方式减持的，自公告 披露之日起3个交易日后的3个月内进行，且在任意连续90个自然日内减持股份的总数不超过公司股份总 数的1.0000%暨1222.1万股；通过大宗交易方式减持的，自公告披露之日起3个交易日后的3个月内进 行，且在任意连续90个自然日内减持股份的总数不超过公司股份总数的2.0000%暨2444.21万股。本次减 持，上述主体计划减持公司股份合计不超过公司股份总数的2.0000%暨2444.21万股。 ...

人民财讯12月16日电，孚能科技(688567)12月16日公告，股东江西立达、北京立达、共青城立达、深圳 立达合计持有公司3.7511%股份，计划通过大宗交易方式和/或集中竞价方式减持其持有的公司股份，拟 减持股份数量合计不超过2444.21万股，拟减持股份合计占公司总股本的比例不超过2%。上述股东系一 致行动人。 ...

孚能科技(688567.SH)发布公告，江西立达、北京立达、共青城立达、深圳立达计划通过大宗交易方式 和/或集中竞价方式减持其持有的公司股份，拟减持股份数量合计不超过2444.21万股，拟减持股份合计 占公司总股本的比例不超过2%。 ...

智通财经APP讯，孚能科技(688567.SH)发布公告，江西立达、北京立达、共青城立达、深圳立达计划 通过大宗交易方式和/或集中竞价方式减持其持有的公司股份，拟减持股份数量合计不超过2444.21万 股，拟减持股份合计占公司总股本的比例不超过2%。 ...

南财智讯12月16日电，孚能科技公告，公司股东江西立达新材料产业创业投资中心（有限合伙）、北京 立达高新创业投资中心（有限合伙）、共青城立达投资管理合伙企业（有限合伙）、深圳立达新能源和 先进制造创业投资合伙企业（有限合伙）合计持有公司4584.26万股，占公司总股本的3.7511%。上述股 东计划通过大宗交易方式和/或集中竞价方式减持公司股份，拟减持股份数量合计不超过2444.21万股， 合计占公司总股本的比例不超过2.0000%。减持期间为2025年12月22日至2026年3月21日，其中集中竞 价减持在任意连续90个自然日内不超过1222.10万股，大宗交易在任意连续90个自然日内不超过2444.21 万股。本次减持原因为股东资金需要，股份来源为IPO前取得。减持计划实施存在不确定性，不会对公 司治理结构及持续经营产生重大影响。 ...

Event Overview - The 2025 (10th) Lithium Battery Industry Annual Conference and Lithium Battery Golden Ding Award Ceremony will be held on December 18-19, 2025, in Shenzhen, focusing on new cycles, technologies, and ecosystems [2] Company Developments - CATL signed a framework supply agreement with Vena Energy to provide 4GWh of EnerX battery energy storage systems, utilizing 530Ah cells with a capacity of 5.6MWh per 20-foot container [5] - XINWANDA established a new subsidiary in Zaozhuang with a registered capital of 300 million RMB, focusing on energy technology R&D, battery manufacturing, and electric vehicle charging infrastructure [6] - DEYI Energy launched a 20GWh power battery project in Dagang Economic Development Zone, with a fixed asset investment of approximately 4 billion RMB [7] - FULIN Technology announced price increases for some products due to rising raw material costs and expanding market demand [8] - DEGA Energy will raise battery prices by 15% starting December 16, 2025, in response to increased production costs [9] - Beijing Weilan New Energy submitted an IPO application to the Beijing Securities Regulatory Bureau [10] - Samsung SDI secured a contract to supply lithium iron phosphate batteries worth over 2 trillion KRW (approximately 9.6 billion RMB) for an energy facility in the U.S. [12] - LG Energy signed a battery supply agreement with Mercedes-Benz valued at 2.06 trillion KRW (approximately 988.6 million RMB) [14] - Tianqi Materials announced a second delay for its lithium-ion battery materials project, extending the completion date to July 31, 2026 [16] - ENJIE signed a memorandum of understanding with Arkema to jointly develop next-generation battery separators [17] - FOSU Technology's acquisition of JINLI Co., Ltd. was approved, with a total transaction value of 5.08 billion RMB [18] - XINZHOUBANG plans to list on the Hong Kong Stock Exchange to enhance its global competitiveness [19] - GUOCHENG Technology intends to acquire FUYUE Technology for 241 million RMB [21] Industry Trends - In November, China's automotive production exceeded 3.5 million units for the first time, with a year-on-year growth of over 10% [31] - NEV exports reached 2.315 million units, doubling year-on-year [31] - The second-generation solid-state electrolyte from XINYUREN has entered battery-level testing [24] - New battery recycling projects are being initiated in Shandong and Anhui, indicating a growing focus on battery recycling and resource recovery [28][29]

Investment Rating - The report maintains an "Overweight" rating for the power equipment and new energy industry [2][48]. Core Viewpoints - The Central Economic Work Conference emphasized the need to deepen the rectification of "involution" competition, particularly in the photovoltaic industry, which is expected to accelerate the exit of backward production capacity and promote the recovery of industry profit margins [4][43]. - The report suggests focusing on leading new energy companies that excel in technology and scale [4][43]. Market Review - As of December 11, 2025, the Shenwan Power Equipment industry rose by 1.32% over the past two weeks, outperforming the CSI 300 index by 0.51 percentage points, ranking 12th among 31 industries [11]. - Year-to-date, the Shenwan Power Equipment sector has increased by 40.05%, surpassing the CSI 300 index by 24.36 percentage points, ranking 5th among 31 industries [11]. - The wind power equipment sector increased by 5.79%, while the photovoltaic equipment sector decreased by 0.82% in the last two weeks [16]. Valuation and Industry Data - As of December 11, 2025, the price-to-earnings (PE) ratio for the power equipment sector is 32.90 times [24]. - The PE ratios for sub-sectors are as follows: Electric Motor II at 56.45 times, Other Power Equipment II at 51.83 times, Photovoltaic Equipment at 30.06 times, Wind Power Equipment at 33.63 times, Battery at 32.83 times, and Grid Equipment at 28.49 times [24]. Company Announcements - The report highlights significant projects and developments, including the approval of the Zhejiang UHV AC Ring Network Project with a total investment of 29.3 billion yuan, which is the highest for a single UHV AC project in China [38][39]. - The report also notes various company announcements regarding share repurchases and changes in control, indicating active corporate governance within the sector [42][43]. Weekly Perspective - The report reiterates the importance of adhering to the "dual carbon" goals and promoting a comprehensive green transition, with a focus on energy efficiency and carbon reduction in key industries [4][43]. - It emphasizes the need for technological innovation and quality improvement in the photovoltaic sector, moving away from mere scale expansion [4][43].

证券代码：688567 证券简称：孚能科技 公告编号：2025-068 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： 股东持股的基本情况 本次减持计划实施前，孚能科技（赣州）股份有限公司（以下简称"公司"） 股东江西立达新材料产业创业投资中心（有限合伙）（以下简称"江西立达"）、 北京立达高新创业投资中心（有限合伙）（以下简称"北京立达"）、共青城立达 投资管理合伙企业（有限合伙）（以下简称"共青城立达"）、深圳立达新能源和 先进制造创业投资合伙企业（有限合伙）（以下简称"深圳立达"）合计持有公司 46,695,144 股，占公司总股本的比例为 3.8209%。 减持计划的实施结果情况 公司于 2025 年 9 月 6 日披露了《股东减持股份计划公告》（公告编号： 2025-052），江西立达、北京立达、共青城立达、深圳立达计划通过大宗交易方 式和/或集中竞价方式减持其持有的公司股份，拟减持股份数量合计不超过 24,442,077 股，拟减持股份合计占公司总股本的比例不超过 2.0000%。本 ...

（文章来源：证券日报） 证券日报网讯 12月11日，孚能科技在互动平台回答投资者提问时表示，半固态电池方面，公司目前半 固态电池出货量已达GWh级别，半固态电池出货量占比较高。目前，公司半固态电池已获得三一重 卡、一汽解放、美国头部eVTOL客户、上海时的、小鹏汇天、沃飞长空、零重力等多领域头部客户认 可。全固态电池方面，公司已完成向某头部人形机器人客户送样硫化物全固态电池，目前客户反馈产品 性能与安全表现均达到预期。 ...

（编辑 任世碧） 证券日报网讯 12月11日晚间，孚能科技发布公告称，本次减持计划实施前，公司股东江西立达新材料 产业创业投资中心（有限合伙）（简称"江西立达"）、北京立达高新创业投资中心（有限合伙）（简 称"北京立达"）、共青城立达投资管理合伙企业（有限合伙）（简称"共青城立达"）、深圳立达新能源 和先进制造创业投资合伙企业（有限合伙）（简称"深圳立达"）合计持有公司46，695，144股，占公司 总股本的比例为3.8209%。公司于近日收到江西立达、北京立达、共青城立达、深圳立达出具的《关于 股份减持结果的告知函》，2025年9月11日至2025年12月10日期间，江西立达通过集中竞价方式减持了 公司股份852，500股，占公司总股本的0.0698%，减持总金额为14，110，708.97元。减持后江西立达、 北京立达、共青城立达、深圳立达合计持有公司股份45，842，644股，占公司总股本的比例为 3.7511%。本次减持计划时间区间届满。 ...