行业洞察：锂电池寿命瓶颈待解，再生市场潜力巨大 随着全球新能源汽车保有量持续攀升和储能需求的快速增长，锂电池寿命问题日益凸显。目前主流锂电 池的循环寿命在500-2000次之间，容量衰减至80%以下即面临退役。根据行业数据测算，预计到2028 年，中国动力（600482）电池退役总量将突破每年400万吨大关。2024年至2031年间，全球及中国退役 锂电池数量预计将分别保持36.6%和40.1%的高复合增长率。 巨大的退役电池存量催生了电池修复和再生技术的迫切需求。思瀚产业研究院认为，电池回收及再生利 用解决方案市场正在迎来爆发式增长。 山西证券最新发布的研究报告显示，永太科技（002326）与复旦大学科研团队合作开发的锂电池"打针 复原"技术已经迈出产业化关键一步。一项能够让锂电池"返老还童"的黑科技正从实验室走向产业化， 券商研报指出，这项技术有望开启百亿级市场新空间，三氟甲基亚磺酸锂(LiSO2CF3)作为新型补锂添 加剂，可延长电池寿命1-2个数量级，有望解决锂电池循环寿命短的核心痛点。 高悦教授作为合资公司二股东，是复旦大学聚合物分子工程国家重点实验室青年研究员、博士生导师， 国家重点研发计划首席青 ...

Market Overview - The domestic market indices showed mixed performance, with the Shanghai Composite Index closing at 3,875.31, up by 1.65%, while the Shenzhen Component Index rose by 3.36% to 12,979.89 [2][4]. Company Analysis: 阳光电源 (Sungrow Power Supply) - In the first half of 2025, the company achieved revenue of 43.53 billion yuan, a year-on-year increase of 40.3%, and a net profit of 7.73 billion yuan, up by 56.0% [9]. - The company's photovoltaic inverter revenue reached 13.4 billion yuan, growing by 11% year-on-year, with a gross margin of 35.74% [9]. - The energy storage system revenue doubled to 17.8 billion yuan, with a gross margin of 39.92% [9]. - R&D investment increased by 37% to 2.037 billion yuan, with a focus on AIDC (Artificial Intelligence Data Center) [9]. Company Analysis: 永辉超市 (Yonghui Superstores) - The company is undergoing a transformation towards quality retail, with a focus on product innovation and supply chain reform [10]. - In 2024, the top 100 supermarkets in China are expected to have a sales scale of approximately 900 billion yuan, with a year-on-year growth of 0.3% [10]. - The company plans to expand its remodeled stores from 160 to 200 by the end of September 2025, aiming for 300 by the Lunar New Year [10][11]. Company Analysis: 新致软件 (New Wisdom Software) - In the first half of 2025, the company reported revenue of 897 million yuan, a decrease of 3.4% year-on-year, while net profit increased by 42.84% [12][13]. - The company is focusing on AI applications, with significant growth in intelligent income, which rose by 89.4% [23]. Company Analysis: 盐津铺子 (Yanjinpuzi) - The company achieved total revenue of 2.941 billion yuan in the first half of 2025, a year-on-year increase of 19.58% [16]. - The revenue from konjac products surged by 155.10%, driven by strong sales of its flagship product [18]. Company Analysis: 中国电信 (China Telecom) - In the first half of 2025, the company reported revenue of 269.4 billion yuan, a year-on-year increase of 1.3%, with a net profit of 23 billion yuan, up by 5.5% [23]. - The company is expanding its AI and cloud services, with intelligent income growing significantly [24][25]. Company Analysis: 永太科技 (Energizer Technology) - The establishment of a joint venture for lithium battery technology commercialization is expected to enhance the company's market position [27]. - The company aims for significant revenue growth in the coming years, driven by new product developments in lithium battery materials [30].

锂电"打针复原"黑科技落地，与复旦核心团队成立合资公司 2025 年 9 月 11 日 公司研究/公司快报 公司近一年市场表现 事件描述 事件内容：9 月 9 日，公司发布设立合资公司相关公告，公司与高悦先 生、王兵杰先生共同投资设立合资公司永太芯氟，公司占比 67%；高悦占 20%；王兵杰占 13%。注册地址为上海市杨浦区国泰路 11 号 1 层。 事件点评 其他化学制品Ⅲ 永太科技（002326.SZ） 买入-B(首次) 净资产收益率(%)： 2.16 资料来源：最闻 分析师： 肖索 执业登记编码：S0760522030006 三氟甲基亚磺酸锂（LiSO2CF3）补锂效果显著具备广阔的应用空间：复 旦大学公众号披露三氟甲基亚磺酸锂，可延长电池寿命 1-2 个数量级。永太 已经小规模量产持续送样头部锂电公司。材料可直接在新电池中添加，能够 兼容目前现有产线。按 2025 年全球锂电电解液需求 200 万吨+测算，假设 50% 电池需要添加 3-5%该新型补锂添加剂，则需求约 3-5 万吨，参考市场常规补 锂剂价格 30-50 万元/吨，市场空间超百亿。 邮箱：xiaosuo@sxzq.com 杜羽枢 执业登 ...

人民财讯9月10日电，企查查APP显示，近日，上海永太芯氟新材料有限公司成立，注册资本1000万 元，经营范围包含：新材料技术研发；电子专用材料销售；专用化学产品销售(不含危险化学品)等。企 查查股权穿透显示，该公司由永太科技（002326）等共同持股。 ...

9月9日晚间，永太科技（002326）发布关于设立合资公司并完成工商注册登记的公告称，公司此前拟设 立的合资公司永太芯氟已完成工商设立登记手续，并取得了上海市杨浦区市场监督管理局颁发的《营业 执照》。 根据公告，永太科技此前与复旦大学签署《技术开发合同》，就中长时锂电池技术开发项目展开技术合 作。为进一步深化合作，高效推进合作项目落地实施，公司与高悦、王兵杰共同投资设立合资公司永太 芯氟，永太芯氟注册资本为1000万元，其中永太科技出资670万元，占出资额的67%；高悦出资200万 元，占出资额的20%；王兵杰出资130万元，占出资额的13%。 永太科技表示，本次设立永太芯氟是基于公司业务发展的需要，永太芯氟将作为公司中长时锂电池技术 开发项目的产业化载体，一方面有利于深化产业资源与科研资源的融合，提升合作效率，加速合作项目 从技术研发到商业化落地的进程；另一方面将进一步巩固公司在锂电池材料领域的战略布局，提升公司 的整体竞争能力，是公司围绕可持续发展、着力研发创新作出的重要战略举措。 值得一提的是，此次与永太科技合资设立永太芯氟的合作方大有来头。其中，高悦是复旦大学聚合物分 子工程国家重点实验室、高分子科学 ...

证券代码：002326 证券简称：永太科技 公告编码：2025-070 浙江永太科技股份有限公司 关于设立合资公司并完成工商注册登记的公告 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。 一、对外投资概述 2025 年 3 月 5 日，浙江永太科技股份有限公司（以下简称"公司"）第六届董 事会第十九次会议审议通过了《关于签署<技术开发合同>的议案》，同意公司与 复旦大学签署《技术开发合同》，就中长时锂电池技术开发项目展开技术合作。 具体内容详见公司于 2025 年 3 月 6 日在《证券时报》《中国证券报》《上海证券 报》《证券日报》及巨潮资讯网（http://www.cninfo.com.cn）披露的《关于签署< 技术开发合同>的公告》（公告编号：2025-012）。 为进一步深化合作，高效推进合作项目落地实施，公司与高悦先生、王兵杰 先生共同投资设立合资公司上海永太芯氟新材料有限公司（以下简称"永太芯 氟"）。永太芯氟注册资本为人民币 1,000 万元，其中公司出资 670 万元，占出资 额的 67%；高悦先生出资 200 万元，占出资额的 20%；王兵杰 ...

A股市场化工股午后走强，其中，华密新材涨超21%，骏鼎达、新瀚新材20CM涨停，泰和科技涨超 11%，中研股份、永太科技、多氟多、中欣氟材、键邦股份、上海亚虹10CM涨停，华峰化学、富恒新 材涨9%，松井股份涨超8%，长华化学、和顺科技涨超7%。 ...

Group 1 - The core viewpoint of the news is the performance and financial metrics of Yongtai Technology, which saw a stock price increase of 5.14% to 16.77 CNY per share, with a trading volume of 553 million CNY and a turnover rate of 4.19%, resulting in a total market capitalization of 15.519 billion CNY [1] - Yongtai Technology, established on October 11, 1999, and listed on December 22, 2009, specializes in the research, production, and sales of fluorine fine chemicals, with its main business revenue composition being: lithium battery and other materials 33.38%, trade 30.87%, plant protection 19.50%, and pharmaceuticals 16.04% [1] - The top circulating shareholder of Yongtai Technology includes a fund from Southern Fund, specifically the Southern CSI 1000 ETF (512100), which increased its holdings by 1.1338 million shares in the second quarter, now holding 5.9811 million shares, representing 0.74% of the circulating shares [2] Group 2 - The Southern CSI 1000 ETF (512100) has a total asset size of 649.53 billion CNY, with a year-to-date return of 22.9% and a one-year return of 59.53%, ranking 1832 out of 4222 and 1314 out of 3795 respectively in its category [2] - The fund manager of Southern CSI 1000 ETF is Cui Lei, who has been in the position for 6 years and 307 days, with the fund's total asset size currently at 94.976 billion CNY and a best return of 137.42% during the tenure [3]

Core Viewpoint - The environmental impact assessment for Shaowu Yongtai High-tech Materials Co., Ltd.'s project to produce 4,200 tons of fluorinated cooling liquid has been publicly disclosed, indicating a significant step towards reducing reliance on imported fluorinated liquids and addressing high costs in the industry [1] Company Summary - Shaowu Yongtai High-tech Materials Co., Ltd. is jointly owned by Yongtai Technology (75%) and CATL (25%) [1] - The new project aims to enhance Yongtai Technology's position in the new energy industry chain and create new growth opportunities [1] Industry Summary - The project is expected to alleviate the current bottleneck in the fluorinated liquid industry, which is heavily reliant on imports and faces high production costs [1]

Group 1 - Tianqi Materials reported a revenue of 7.03 billion yuan for the first half of 2025, a year-on-year increase of 28.97% [2][3] - The net profit attributable to shareholders was 268 million yuan, up 12.79% year-on-year, while the net profit excluding non-recurring items was 235 million yuan, reflecting a growth of 26.01% [2][3] - Basic earnings per share increased to 0.14 yuan, a rise of 16.67% compared to the previous year [3] Group 2 - New Zobang achieved a revenue of 4.25 billion yuan, marking an 18.58% increase year-on-year, with a net profit of 484 million yuan, up 16.36% [5][6] - The net profit excluding non-recurring items was 466 million yuan, showing an 8.16% increase [5][6] - Basic earnings per share rose to 0.64 yuan, a 16.36% increase from the previous year [6] Group 3 - Ruida New Materials reported a revenue of 975 million yuan, a decline of 7.36% year-on-year, with a net profit of 82 million yuan, down 24.19% [7][8] - The net profit excluding non-recurring items was 79 million yuan, reflecting a decrease of 27.57% [7][8] - The company experienced a negative cash flow from operating activities of 80 million yuan [8] Group 4 - Yongtai Technology reported a revenue of 2.61 billion yuan, a year-on-year increase of 21.97%, with a net profit of 59 million yuan, up 56.17% [10][11] - The net profit excluding non-recurring items was 23 million yuan, down 15.08% [10][11] - Basic earnings per share increased to 0.06 yuan, a 50% rise compared to the previous year [11] Group 5 - Shida Shenghua reported a revenue of 3.01 billion yuan, a year-on-year increase of 14.87%, but a net loss of 56 million yuan, a decline of 248.03% [13][14] - The net loss excluding non-recurring items was 57 million yuan, down 282.11% [13][14] - The company reported a positive cash flow from operating activities of 90 million yuan [14] Group 6 - Duofluor reported a revenue of 4.33 billion yuan, a decline of 6.65% year-on-year, with a net profit of 51 million yuan, down 16.55% [15][16] - The net profit excluding non-recurring items was a loss of 4.81 million yuan, reflecting a decrease of 179.71% [15][16] - Basic earnings per share decreased to 0.0441 yuan, down 15.19% [16] Group 7 - Tianji Co. reported a revenue of 1.07 billion yuan, a year-on-year increase of 19.16%, but a net loss of 52 million yuan, an improvement of 59% compared to the previous year [18][19] - The net loss excluding non-recurring items was 56 million yuan, down 56.04% [18][19] - The company reported a negative cash flow from operating activities of 131 million yuan [19] Group 8 - Huayu Pharmaceutical reported a revenue of 882 million yuan, a decline of 1.73% year-on-year, with a net loss of 5.81 million yuan, a decline of 116.23% [21][22] - The net loss excluding non-recurring items was 21.59 million yuan, down 247.06% [21][22] - The company reported a negative cash flow from operating activities of 169 million yuan [22] Group 9 - Haike New Source reported a revenue of 2.32 billion yuan, a year-on-year increase of 27.92%, but a net loss of 42 million yuan, an improvement of 61.21% [23][24] - The net loss excluding non-recurring items was 49 million yuan, down 56.57% [23][24] - The company reported a negative cash flow from operating activities of 248 million yuan [24] Group 10 - Hualu Hengsheng reported a revenue of 15.76 billion yuan, a decline of 7.14% year-on-year, with a net profit of 1.57 billion yuan, down 29.47% [26][27] - The net profit excluding non-recurring items was 1.56 billion yuan, reflecting a decrease of 30.29% [26][27] - Basic earnings per share decreased to 0.739 yuan, down 29.48% [27] Group 11 - Huasheng Lithium reported a revenue of 349 million yuan, a year-on-year increase of 72.02%, but a net loss of 72 million yuan [29] - The net profit excluding non-recurring items was a loss of 78 million yuan [29] - The company reported a negative cash flow from operating activities of 183 million yuan [29] Group 12 - Fuxiang Pharmaceutical reported a revenue of 514 million yuan, a decline of 24.58% year-on-year, with a net loss of 6.91 million yuan, an increase of 69.23% [31][32] - The net loss excluding non-recurring items was 32 million yuan, reflecting a decrease of 34.91% [31][32] - The company reported a negative cash flow from operating activities of 10 million yuan [32] Group 13 - Furui Co. reported a revenue of 2.59 billion yuan, a decline of 3.03% year-on-year, but a net profit of 246 million yuan, an increase of 10.92% [34][35] - The net profit excluding non-recurring items was 250 million yuan, reflecting a growth of 15.71% [34][35] - The company reported a positive cash flow from operating activities of 447 million yuan [35] Group 14 - The overall performance of companies in the electrolyte and raw material sector has been poor, with most companies reporting unsatisfactory financial results [36] - Except for Tianqi and New Zobang, other companies in the electrolyte sector have shown average performance [36] - Companies in the lithium hexafluorophosphate sector have reported significant losses, with net profits declining across the board [36]