文 | 中关村储能产业技术联盟 2025年9月，中国储能企业在国际市场迎来一轮密集的签约潮。从非洲大陆到欧美成熟市场，再到亚 太与中东欧，中国储能企业正以强大的产品力和交付能力，在全球能源转型的浪潮中扮演着愈发关键的 角色。 天合储能、海辰储能、 瑞浦兰钧、亿纬锂能、中汽新能、远信储能、精控能源、星星充电、库博能 源、天能股份、林洋能源 等头部企业纷纷与国际伙伴达成战略合作，签下规模从数百MWh至数GWh 不等的订单，中国储能在全球市场全面突破。 天合储能：4.98GWh，日本、澳大利亚、拉美 天合光能9月10日公告，公司控股子公司天合储能近日与中国、拉美、亚太三大区域的三家客户签订了 合计2.48GWh的储能产品销售合同。其中拟交付的海外1GWh订单将采用构网型系统，这是天合储能 在海外市场斩获的首个GWh级别构网型项目。 海辰储能： 5.5GWh，欧洲、澳大利亚 9月26日消息，海辰储能宣布与欧洲领先的光储EPC Solarpro签订规模达2GWh的储能系统供货协 议。根据协议，海辰储能将提供先进的长时储能解决方案，用于东欧多个国家和地区的公用事业规模的 储能项目。 根据协议，海辰储能将提供先进的定制化储 ...

国家税务总局深圳市税务局日前公布一起"新三样"领域犯罪团伙虚开发票骗取出口退税案件。经查，2 019年至2022年，骗税团伙为获 取非法利益，通过操控深圳市道为新能源科技有限公司等11家企业，从上游虚开团伙控制的新能源公司取得品名为"铅酸蓄电池"的虚开 发票后，虚构生产加工假象，将不能退税的铅酸蓄电池，以可退税的锂电池名义出口，骗取国家出口退税款1.49亿元。 与蓬勃发展的锂电池产业相比，铅酸蓄电池行业正面临严峻的转型压力和生存挑战。 依法纳税是经营主体的法定义务，享受税费优惠必须以合法合规为前提。上述骗税案一定程度上反映出动力电池行业的深层困境——与 蓬勃发展的锂电池产业相比，铅酸蓄电池行业正面临严峻的转型压力和生存挑战。 去年产量全球占比四成以上 我国是铅酸蓄电池最大生产国和主要出口国。基于价格较低，具有技术成熟、高低温性能优异、安全性高等优势，铅酸蓄电池广泛应用 于汽车、摩托车起动，通信、储能以及汽车动力等领域。 随着全球经济一体化深入发展，越来越多的铅酸蓄电池企业开始出海，寻求更广阔的市场和发展空间。数据显示，2024年我国铅酸蓄 电池产量约745.1万吨，占全球产量的40%以上；净出口2.46亿个， ...

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： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 证券代码：688819 证券简称：天能股份 公告编号：2025-041 天能电池集团股份有限公司 关于召开 2025 年半年度业绩说明会的公告 投资者可于 2025 年 09 月 29 日 （星期一） 至 10 月 13 日 （星 期一）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 dshbgs@tianneng.com 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。 天能电池集团股份有限公司（以下简称"公司"）已于 2025 年 8 月 29 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、财务状况，公司计划于 2025 年 10 月 14 日（星期二）14:00-15:00 举行 2025 年半年度业绩说明会， 就投资者关心的问题进行交流。 会议召开时间：2025 ...

9月24日，天能股份与京东汽车联合推出专供款电池，并为用户提供"免费上门安装+一年质量问题免费 换新"服务。京东首次将两/三轮电动车电池纳入"免费上门安装+售后到家"服务网络。 ...

昨日，行家说储能报道了储能产业十大项目（ 点这里 ）最近进展，涉及产业扩产信息；今日，又获悉了宁德时代、天能股份各自的多起合作，涉及 国内山东、西 藏，以及 非洲等海外市场，涉及2GWh订单。 ▋ 宁德时代：连发多起合作 近日，宁德时代有多个最新合作消息露出： NO1、 与 米林市人民政府签署战略合作协议; NO2、 北上扩大山东投资"版图" 与 力高新能签约。 宁德时代 与米林市人民政府签署战略合作协议 而与力高新能签约是继济宁、东营、青岛、济南、威海5市多个项目之后，宁德时代在山东的投资触角首次延伸至烟台市。 值得一提的是，在山东省的储能布局， 除了直接投资，宁德时代还通过控股、合资等方式在北方开拓市场。例如，全资控股子公司——时代绿色能源有限公 司已在山东落地的控股企业达21家， 包括青岛润超新能源有限公司、邹城润时风电有限公司等，投资布局集中在储能、风电、新能源领域。 就在日前，宁德时代还在山东济宁落地了一工商储项目 ， 即华勤橡胶工业集团与宁德时代就30MW/60MWh储能项目建设达成深度合作 。 据了解， 此次 合作中，项目核心储能电池系统等将全部由宁德时代供货。建成后，宁德时代也将借此进一步拓展 ...

9月8日，天能与ACM集团在浙江长兴正式签署战略合作协议，双方将在产线建设、技术与产品合作、 全球市场开拓、资源循环利用等方面开展合作。ACM集团是巴基斯坦最大的电池制造企业之一。 ...

Market Overview - The net inflow of main funds in the Shanghai and Shenzhen markets reached 44.53 billion yuan, with the Sci-Tech Innovation Board seeing a net inflow of 1.295 billion yuan [1] - A total of 275 stocks experienced net inflows, while 311 stocks saw net outflows [1] Sci-Tech Innovation Board Performance - On the Sci-Tech Innovation Board, 562 stocks rose, with 7 stocks hitting the daily limit, including Yuchan Intelligent and Xiamen Tungsten [1] - The top three stocks with the highest net inflow were: - Lanke Technology: 430.46 million yuan - Borui Pharmaceutical: 306.50 million yuan - Tianyue Advanced: 218.43 million yuan [2] Continuous Fund Flow - There are 33 stocks with continuous net inflows for more than three trading days, with Hanwujing leading at 13 consecutive days [2] - Conversely, 166 stocks experienced continuous net outflows, with Huate Gas leading at 15 consecutive days [2] Key Stocks with Significant Fund Inflows - The following stocks had notable net inflows: - Lanke Technology: 430.05 million yuan, with a flow rate of 8.09% and a price increase of 5.41% [2] - Borui Pharmaceutical: 306.50 million yuan, with a flow rate of 18.56% and a price increase of 9.50% [2] - Tianyue Advanced: 218.43 million yuan, with a flow rate of 10.12% and a price increase of 20.00% [2] Stocks with Significant Fund Outflows - The stocks with the highest net outflows included: - Dongxin Co., with a net outflow of 311 million yuan and a price decrease of 0.04% [1] - Sainuo Medical: 219 million yuan outflow [1] - Haiguang Information: 129 million yuan outflow [1]

Summary of Key Points Core Viewpoint - A total of 135 stocks received buy ratings from institutions today, with 17 stocks receiving initial attention from institutions, indicating a strong interest in the market and potential investment opportunities [1]. Institutional Ratings - 140 buy rating records were published today, with 29 of these providing future target prices. 13 stocks have an upside potential exceeding 20%, with AVIC Optoelectronics showing the highest potential at 61.62% [1]. - Notable stocks with high upside potential include Noli Shares at 48.46% and United Imaging Healthcare at 37.22% [1]. - 17 stocks received initial buy ratings from institutions, including Haimeixing and Hengli Hydraulic [1]. Market Performance - Stocks rated with buy ratings saw an average increase of 3.27%, outperforming the Shanghai Composite Index. 119 stocks experienced price increases, with several hitting the daily limit up [1]. - Stocks with significant declines included Noli Shares, Agricultural Bank, and Shoufang Environmental Protection, with declines of 3.23%, 2.93%, and 1.26% respectively [1]. Industry Focus - The most favored industries include power equipment and machinery, each with 17 stocks listed in the buy rating category. The pharmaceutical and communication sectors also attracted attention, with 15 and 6 stocks respectively [2]. - Specific stocks receiving multiple buy ratings include Betaini, Kebo Da, AVIC Optoelectronics, and Yunnan Baiyao, each with two buy ratings [2][3]. Detailed Stock Information - A selection of stocks with buy ratings includes: - Betaini (2 ratings, +2.22% today, PE 40.30) in beauty care - Kebo Da (2 ratings, +10.00% today, PE 27.44) in automotive - AVIC Optoelectronics (2 ratings, +0.57% today, PE 28.83) in defense and military [2][3]. - Other notable stocks include: - Yunnan Baiyao (2 ratings, +1.06% today, PE 14.56) in pharmaceuticals - Zhonglian Heavy Industry (2 ratings, +0.41% today, PE 11.39) in machinery [2][3]. Additional Stock Ratings - Additional stocks with single buy ratings include: - Xuji Electric (1 rating, +2.09% today, PE 18.44) in power equipment - Xugong Machinery (1 rating, -0.20% today, PE 13.29) in machinery - China Rare Earth (1 rating, +2.33% today, PE 174.07) in non-ferrous metals [3][4].

Investment Rating - The investment rating for the company is "Outperform the Market" [5][22]. Core Views - The company's lead-acid battery business remains stable, with a revenue of 191.5 billion yuan in H1 2025, down 5% year-on-year, and a gross margin of 15.97% [2]. - The lithium battery segment has shown rapid growth, achieving a revenue of 540 million yuan in H1 2025, up 193% year-on-year, with improved profitability [2]. - The company is accelerating technological iterations and diversifying its technology routes, including solid-state and sodium-ion batteries, with successful product developments and applications [3]. Financial Performance Summary - In H1 2025, the company reported a net profit of 869 million yuan, a decrease of 27% year-on-year, with total revenue of 20.917 billion yuan, down 3% year-on-year [1]. - For Q2 2025, the company achieved a revenue of 10.679 billion yuan, down 13% year-on-year but up 4% quarter-on-quarter, with a net profit of 448 million yuan, down 35% year-on-year but up 7% quarter-on-quarter [1]. - The company's gross margin for Q2 2025 was 15.14%, a decrease of 1.55 percentage points year-on-year, while the net margin was 4.32%, down 1.35 percentage points year-on-year [1]. Earnings Forecast and Financial Indicators - The company is expected to achieve net profits of 1.957 billion yuan, 2.304 billion yuan, and 2.602 billion yuan for the years 2025, 2026, and 2027, respectively, with year-on-year growth rates of 26%, 18%, and 13% [3][4]. - The earnings per share (EPS) are projected to be 2.01 yuan, 2.37 yuan, and 2.68 yuan for the years 2025, 2026, and 2027, respectively [4]. - The company's price-to-earnings (P/E) ratios are forecasted to be 15.0, 12.8, and 11.3 for the years 2025, 2026, and 2027, respectively [4].

Group 1 - The core point of the article is that Henan Jingneng Power Co., Ltd. was fined 40,000 yuan for violating the Advertising Law of the People's Republic of China by labeling its TianNeng battery products with "TianNeng Battery" and "Graphene Patent Technology" without indicating the patent number [1][3][4] - The administrative penalty was issued by the Market Supervision Administration of Baoding City, Lianchi District, based on Article 59, Paragraph 1, Item 3 of the Advertising Law [3][4] - The company was established on March 13, 2009, and is primarily owned by TianNeng Battery Group Co., Ltd. [4][5] Group 2 - The fine amount imposed on Henan Jingneng Power Co., Ltd. is 40,000 yuan [3][4] - The violation involved the failure to mark the patent number on the product packaging, which is a requirement under the Advertising Law [1][3] - The legal representative of the company is Mei Shengmeng [4]