Core Insights - The storage industry in China is experiencing high growth due to a combination of policy support, market demand, and technological advancements [1] Group 1: Company Performance - Kelu Electronics (科陆电子) reported a significant increase in revenue and net profit for the first three quarters of 2025, with net profit rising by 251.1% to approximately 232 million yuan [2] - Keda's growth is attributed to the rising penetration of renewable energy, decreasing storage costs, and surging demand for grid auxiliary services [2] - Keda's storage base in Yichun has an annual production capacity of about 10 GWh, and the company is establishing a storage production base in Indonesia with an initial planned capacity of 3 GWh [4] - Keda's revenue for the third quarter grew by 41.71%, and net profit increased by 38.36% [3] Group 2: Market Trends - The global storage market is expected to maintain high growth, with China leading in new storage installations, followed by the US and Europe [2] - The demand for storage systems in data centers is anticipated to grow significantly due to the increasing power needs driven by the expansion of AI data centers [3] - The global storage battery shipment rankings for 2024 will see Chinese companies dominating the top ten, with CATL (宁德时代) leading the market share [3] Group 3: Expansion and Globalization - Companies are accelerating production expansion and global business development, with CATL ramping up production capacity to meet market demand [4] - Keda Electronics is focusing on differentiated overseas market strategies, particularly in the Americas and Europe, to build localized teams and enhance customer engagement [5] - The industry is pushing for technological innovation and system advancements, including large-capacity cells and solid-state batteries, to meet diverse market needs [6] Group 4: Opportunities and Challenges - By 2027, China's new storage installation capacity is projected to exceed 180 million kilowatts, driving direct investment of approximately 250 billion yuan [7] - The industry is witnessing a significant economic turning point, with a projected increase in domestic new installations to 300 GWh next year [7] - Geopolitical risks and market rule differences pose challenges for storage companies expanding internationally, necessitating a focus on local production and compliance [8]

证券代码：002121 证券简称：科陆电子 公告编号：2025059 深圳市科陆电子科技股份有限公司 关于为子公司提供担保的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 截至本公告披露日，深圳市科陆电子科技股份有限公司（以下简称"公司"） 及子公司对外担保总额度为人民币190,000万元，占公司2024年12月31日经审计 净资产的380.61%；公司及子公司对外担保余额折合人民币为50,221.82万元，占 公司2024年12月31日经审计净资产的100.61%。敬请广大投资者注意投资风险。 一、担保情况概述 公司于2024年12月13日、2024年12月30日召开的第九届董事会第十三次（临 时）会议、2024年第五次临时股东大会审议通过了《关于2025年度为子公司提供 担保的议案》，同意公司为下属子公司投标、合同履行有关事项及银行综合授信 业务提供担保，担保额度总计不超过（含）人民币190,000万元（本担保额度包 括现有担保的展期或者续保及新增担保），具体内容详见公司刊登在2024年12月 14日《证券时报》、《中国证券报》、《上 ...

Group 1 - The core viewpoint of the article highlights a collective pullback in the A-share market for energy storage concept stocks, with significant declines observed in several companies [1] Group 2 - Airo Energy (688717) experienced a decline of 9.27%, with a total market capitalization of 11.1 billion and a year-to-date increase of 48.43% [2] - Kelu Electronics (002121) saw a drop of 9.25%, with a market cap of 14.7 billion and a year-to-date increase of 102.99% [2] - Pylon Technologies (688063) fell by 6.40%, with a market capitalization of 15.9 billion and a year-to-date increase of 63.70% [2] - Nandu Power (300068) decreased by 5.29%, with a total market cap of 17.5 billion and a year-to-date increase of 21.00% [2] - Kehua Data (002335) declined by 3.56%, with a market capitalization of 26.9 billion and a year-to-date increase of 81.20% [2] - Kstar (002518) dropped by 3.36%, with a market cap of 27.7 billion and a year-to-date increase of 113.03% [2] - Shengyang Co., Ltd. (002580) fell by 2.74%, with a total market cap of 6.282 billion and a year-to-date increase of 63.67% [2] - Huabao New Energy (301327) decreased by 1.79%, with a market capitalization of 10.8 billion and a year-to-date increase of 14.58% [2] - Camel Group (601311) saw a decline of 1.67%, with a market cap of 11.8 billion and a year-to-date increase of 25.00% [2]

Group 1 - The power sector is experiencing a strong rebound, particularly in the areas of power IoT and virtual power plants [1] - Companies such as Juhua Technology and Samsung Medical have reached their daily limit increase, indicating strong market performance [1] - Other companies like Haixing Electric, Penghui Energy, Kelun Electronics, Weisheng Information, and Youxun Technology have also shown significant gains [1]

Group 1 - On November 10, a total of 13 companies were investigated by institutions, with 8 companies being surveyed by funds [1] - The most attention was given to Boying Special Welding, which had 17 participating funds, followed by Jiayi Co., Ltd. and Inno Laser with 9 and 5 funds respectively [1] - Among the surveyed companies, there was 1 from the main board, 5 from the ChiNext, 1 from the Sci-Tech Innovation Board, and 1 from the Beijing Stock Exchange [1] Group 2 - Of the companies surveyed, 7 had a total market capitalization of less than 10 billion yuan, including Canaan Technology, Super Equipment, and Boying Special Welding [1] - In terms of market performance, 4 out of the surveyed stocks increased in the last 5 days, with the highest gains from Kelu Electronics, Inno Laser, and Pumen Technology, showing increases of 5.42%, 5.29%, and 1.44% respectively [1] - Conversely, 4 stocks experienced declines, with Tonghui Electronics, Boying Special Welding, and Jiayi Co., Ltd. showing the largest drops of 7.23%, 4.03%, and 3.94% respectively [1]

Group 1 - The energy storage index experienced a strong rally, with constituent stocks showing a broad-based increase [1] - Haibosi Technology surged by 14.43%, while Shuneng Electric and Penghui Energy rose by 9.87% and 9.38% respectively [1] - Other companies such as Kelon Electronics and YN Technology also saw gains, with increases exceeding 4% [1]

Group 1 - The company announced the convening of a workers' representative meeting on November 10, 2025 [2] - During the meeting, Mr. Zhong Shengpeng was elected as the employee representative director of the company's ninth board of directors [2]

证券代码：002121 证券简称：科陆电子 公告编号：2025057 深圳市科陆电子科技股份有限公司 二〇二五年第二次临时股东会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 1、本次股东会未出现否决提案的情形。 2、本次股东会未涉及变更以往股东会已通过的决议。 一、会议召开和出席情况 （一）会议召开情况 （二）会议出席情况 1、会议召开时间 现场会议召开时间为：2025 年 11 月 10 日下午 14:30 开始，会期半天； 网络投票时间为：2025 年 11 月 10 日，其中，通过深圳证券交易所交易系 统进行网络投票的具体时间为 2025 年 11 月 10 日上午 9:15-9:25，9:30-11:30，下 午 13:00-15:00；通过深圳证券交易所互联网投票系统进行网络投票的具体时间 为 2025 年 11 月 10 日上午 9:15 至下午 15:00 的任意时间。 2、股权登记日：2025 年 11 月 4 日 3、会议召开地点 现场会议地点：深圳市南山区高新技术产业园北区宝深路科陆大厦行政会议 室 网络投票平台：深 ...

北京市嘉源律师事务所 关于深圳市科陆电子科技股份有限公司 2025 年第二次临时股东会 的法律意见书 西城区复兴门内大街 158 号远洋大厦 4 楼 中国·北京 北京 BEIJING·上海 SHANGHAI·深圳 SHENZHEN·香港 HONGKONG·广州 GUANGZHOU·西安 XI`AN 致：深圳市科陆电子科技股份有限公司 北京市嘉源律师事务所 关于深圳市科陆电子科技股份有限公司 2025 年第二次临时股东会 的法律意见书 嘉源(2025)-04-800 北京市嘉源律师事务所（以下简称"本所"）接受深圳市科陆电子科技股份 有限公司（以下简称"公司"）的委托，根据《中华人民共和国公司法》（以下 简称"《公司法》"）《上市公司股东会规则》（以下简称"《股东会规则》"） 等现行有效的法律、行政法规、部门规章、规范性文件（以下简称"法律法规"） 以及《深圳市科陆电子科技股份有限公司章程》（以下简称"《公司章程》"） 的有关规定，指派本所律师对公司 2025 年第二次临时股东会（以下简称"本次 股东会"）进行见证，并依法出具本法律意见书。 为出具本法律意见书，本所指派律师现场见证了本次股东会，查阅了公司提 供 ...

深圳市科陆电子科技股份有限公司 关于选举第九届董事会职工代表董事的公告 证券代码：002121 证券简称：科陆电子 公告编号：2025058 董事会 二〇二五年十一月十日 职工通过职工代表大会、职工大会或者其他形式民主选举产生和罢免。 附：简历 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 深圳市科陆电子科技股份有限公司（以下简称"公司"）于 2025 年 9 月 1 日召开的 2025 年第一次临时股东大会审议通过了《关于变更公司经营范围及修 订<公司章程>的议案》。根据修订后的《深圳市科陆电子科技股份有限公司章程》 （以下简称"《公司章程》"），公司设 1 名职工代表担任的董事，职工董事由公司 公司于 2025 年 11 月 10 日召开了职工代表大会，经参会职工代表审议，选 举钟胜朋先生（简历附后）为公司第九届董事会职工代表董事，任期自职工代表 大会审议通过之日起至公司第九届董事会任期届满之日止。 钟胜朋先生符合《公司法》《公司章程》等规定的有关职工代表董事任职资 格和条件。钟胜朋先生当选公司职工代表董事后，公司第九届董事会中兼任高级 管理人员职务以及 ...