Core Viewpoint - The battery sector is experiencing fluctuations, with the Battery 50 ETF (159796) showing a slight decline but significant investment interest, indicating strong market engagement and potential growth opportunities in the sector [1][2]. Group 1: Market Performance - As of September 19, the Battery 50 ETF (159796) saw a minor drop of 0.11%, but it gained 86 million shares during the day, pushing its total scale beyond 6 billion yuan, leading its peers significantly [1]. - The China Securities Battery Theme Index (931719) increased by 0.1%, with notable gains from companies like Xian Dao Intelligent (over 4%) and Yiwei Lithium Energy (over 3%), while companies like Sanhua Intelligent Control experienced a significant drop of over 8% [2][3]. Group 2: Key Stocks and Components - The top ten components of the Battery 50 ETF include: - Sungrow Power (14.38%, -1.87%) - CATL (8.22%, +0.66%) - Sanhua Intelligent Control (7.15%, -8.30%) - Yiwei Lithium Energy (6.32%, +3.33%) - Xian Dao Intelligent (4.45%, +4.20%) [4]. - The ETF's index has a high storage content of 24%, significantly benefiting from the storage sub-sector's growth, while solid-state battery content stands at 37%, indicating strong potential for future growth [7]. Group 3: Industry Developments - The 2025 Suining International Lithium Battery Industry Conference emphasized the need for innovation in lithium battery technology, focusing on solid-state batteries, sodium-ion batteries, and fast-charging batteries [4]. - Xian Dao Intelligent announced advancements in solid-state battery production, having achieved multiple technological breakthroughs and successfully delivered equipment to various battery manufacturers [5]. - The solid-state battery industry is projected to see significant growth, with a potential market space of 2.5 billion yuan by 2027, growing at a CAGR of 122% to reach 27.3 billion yuan by 2030 [6].

Core Viewpoint - Company Greeenme (002340.SZ) is accelerating its overseas business expansion, particularly in the European battery recycling market through a memorandum of understanding with American company ASCEND ELEMENTS, INC. (AE) [1][2] Group 1: Business Expansion and Partnerships - The memorandum aims to establish a leading lithium battery recycling system in Europe, focusing on resource recovery and battery material remanufacturing [2][3] - Greenme has signed over 30 framework agreements in the past three years with various partners, including major players in the automotive and new energy sectors [4] - The company is also exploring potential collaborations in the U.S. for lithium-ion battery recycling and engineering battery material production [3][6] Group 2: Financial Performance - In the first half of 2025, Greenme reported a significant increase in net profit, reaching 799 million yuan, a year-on-year growth of 13.91% [1][5] - The company's total revenue for the same period was 17.561 billion yuan, with a slight year-on-year increase of 1.28% [5][7] - Revenue from overseas operations reached 5.532 billion yuan, marking a 21.44% increase and accounting for 31.50% of total revenue, up from 26.27% in the previous year [7] Group 3: Research and Development - Greenme's R&D investment increased by 13.40% in the first half of 2025, totaling 752 million yuan, which is significantly higher than the revenue growth rate [6] - The company has applied for a total of 5,461 patents globally, including 400 PCT applications and 72 valid patents authorized abroad [6]

Group 1: Industry Events - The 2025 High-Performance Lithium Battery Annual Conference will be held from November 18-20, 2025, at JW Marriott Hotel in Shenzhen [1] Group 2: Company Developments - Sichuan Yahua Industrial Group has confirmed the synthesis process for lithium sulfide and plans to establish a pilot line by 2026, with sample production expected by the end of this year [4] - EVE Energy has successfully entered the battery supply system for Xiaopeng's MONA model, providing traditional square batteries which offer better adaptability and lower development costs compared to BYD's blade batteries [5] - Greeenme has signed a strategic cooperation framework agreement with Lvtong Technology to focus on the recycling and utilization of new energy vehicles and power batteries, creating a closed-loop industrial chain [8] - Xingheng Power and Niu Electric have signed a strategic cooperation agreement for micro-blade electric motorcycle lithium batteries, with a collaboration scale of 3 GWh [9] - Tianqi Lithium has commenced the construction of a pilot project for 50 tons of lithium sulfide, utilizing new technology for rapid mass production [11] - Hebei Kuntian New Energy has launched its first phase of a silicon-carbon anode material production line, with plans for a second phase to reach an annual capacity of 5,000 tons [12][14] - Hailiang Co. has developed new copper foil products suitable for solid-state batteries, which are now ready for mass production [16] Group 3: International Developments - InoBat has received €53.8 million in subsidies and a €456,000 loan from the Spanish government to support the construction of a battery factory in Valladolid, with a total investment of approximately €712 million [17][19]

Core Points - A block trade of 8.58 million shares of Greeenmei occurred on September 18, with a transaction amount of 64.0068 million yuan and a transaction price of 7.46 yuan, representing a premium of 0.13% over the closing price of the day [2] - Over the past three months, Greeenmei has recorded a total of three block trades, with a cumulative transaction amount of 70.497 million yuan [2] - On the same day, Greeenmei's closing price was 7.45 yuan, down 1.84%, with a turnover rate of 4.42% and a total transaction amount of 1.692 billion yuan, indicating a net outflow of 102 million yuan in main funds [2] Trading Data Summary - Block trade details: - Volume: 8.58 million shares - Amount: 64.0068 million yuan - Price: 7.46 yuan - Premium: 0.13% over the closing price - Buyer: Southwest Securities Co., Ltd. Shaanxi Branch - Seller: China Post Securities Co., Ltd. Xi'an Kaiyuan Road Securities Branch [2] Financing Data - The latest financing balance for Greeenmei is 2.184 billion yuan, with a decrease of 5.483 million yuan over the past five days, reflecting a decline of 0.25% [2]

Core Viewpoint - The company has signed a memorandum of understanding with ASCEND ELEMENTS, INC to establish a leading lithium battery recycling industry system in Europe, aiming to enhance the entire lifecycle value chain of new energy in Europe and promote green development globally [2][3]. Group 1: Partnership and Collaboration - The memorandum aims to leverage the advantages in geopolitics, resources, capital, technology, and operational management between the company and AE [2][3]. - The collaboration will focus on building a comprehensive lithium battery recycling system, including dismantling and black powder manufacturing, as well as resource recovery and battery material remanufacturing [2]. Group 2: Strategic Expansion - This partnership marks the company's strategic expansion into Europe for lithium battery recycling, following its existing operations in China, South Korea, and Indonesia [3]. - The company is also exploring potential collaborations in the United States to advance lithium-ion battery recycling and engineering battery material production [3]. Group 3: Company Background - ASCEND ELEMENTS, INC, established in March 2017, is a leading player in the lithium-ion battery recycling market in North America and Europe, focusing on creating a clean and sustainable supply chain through waste recycling [2]. - AE utilizes its patented Hydro-to-Cathode® technology to efficiently extract black powder, lithium carbonate, and precursor materials from used lithium-ion batteries for the production of high-performance new cathode materials [2].

Core Viewpoint - Greenway Technology (301322.SZ) has signed a strategic cooperation framework agreement with Wuhan Power Battery Recycling Technology Co., Ltd., a subsidiary of GEM Co., Ltd., to establish a comprehensive strategic partnership in the fields of new energy vehicles and battery recycling, aiming to promote the development of the green low-carbon industry and achieve synergy between economic and environmental benefits [1] Summary by Categories Cooperation Details - The cooperation will include lithium battery systems and vehicle procurement, operational asset holding cooperation, joint market development, and recycling collaboration [1] Expected Impact - The signing of this framework agreement is expected to have a positive impact on the company's future operational development, although specific cooperation details and outcomes remain uncertain [1]

Group 1: Company Overview - Greeenme's main business involves the recycling of waste cobalt and nickel resources, electronic waste, and the production and sales of cobalt and nickel powder materials and plastic-wood composite materials [2] - The revenue composition includes: ternary precursors (38.70%), nickel resources (15.73%), cobalt oxide (12.28%), trade and others (8.35%), cathode materials (7.26%), cobalt recovery (6.74%), tungsten resource recovery (6.01%), comprehensive utilization of power lithium batteries (3.06%), and scrapped automobile utilization (1.87%) [2] Group 2: Financial Performance - For the first half of 2025, Greenme achieved operating revenue of 17.561 billion yuan, a year-on-year increase of 1.28%, and a net profit attributable to shareholders of 799 million yuan, a year-on-year increase of 13.91% [2] - Cumulative cash dividends since the A-share listing amount to 1.825 billion yuan, with 1.002 billion yuan distributed in the last three years [3] Group 3: Shareholder Structure - As of June 30, 2025, the top ten circulating shareholders include Hong Kong Central Clearing Limited as the second-largest shareholder with 125 million shares, an increase of 20.1829 million shares from the previous period [3] - The Southern CSI 500 ETF ranks as the third-largest circulating shareholder with 76.0896 million shares, an increase of 10.3395 million shares from the previous period [3] - New entrants in the top ten circulating shareholders include the Harvest CSI Rare Earth Industry ETF with 18.8308 million shares [3] Group 4: Market Activity - On September 17, Greenme's stock price remained unchanged at 0.00%, with a trading volume of 1.151 billion yuan [1] - The financing buy-in amount on that day was 145 million yuan, while the financing repayment was 206 million yuan, resulting in a net financing buy-in of -61.7859 million yuan [1] - The total balance of margin trading as of September 17 was 2.190 billion yuan, with the financing balance accounting for 5.64% of the circulating market value, indicating a high level compared to the past year [1]

Group 1 - Greeenmei signed a memorandum of understanding with ASCENDELEMENTS to develop a leading lithium battery recycling system in Europe, focusing on resource recovery and material remanufacturing [1] - This collaboration aims to enhance the lifecycle value chain of new energy in Europe and solidify Greeenmei's position in the global battery recycling market [1] - The memorandum outlines the framework for cooperation but acknowledges uncertainties in specific implementation [1] Group 2 - Hailiang Co. has achieved mass production capability for new nickel-plated copper foil products suitable for solid-state batteries, indicating significant innovation in the copper foil sector [2] - The company has received positive feedback from leading battery manufacturers regarding its advanced copper foil products [2] Group 3 - The average transaction price of multi-crystalline silicon N-type raw materials increased by 8.57% week-on-week, reaching 53,200 RMB per ton [3] - The market is experiencing a temporary supply tightness as leading enterprises have reached their sales limits, while secondary enterprises are beginning to secure orders [3] - Optimistic market sentiment, influenced by national industrial policies, is supporting silicon material prices [3]

Group 1 - GreeMe signed a memorandum of understanding with ASCENDELEMENTS to explore collaboration in the European battery recycling and materials sector, aiming to establish a leading lithium battery recycling system in Europe [1] - The collaboration is expected to enhance the lifecycle value chain of new energy in Europe and strengthen GreeMe's position in the global battery recycling market [1] - The memorandum outlines the framework for cooperation but acknowledges uncertainties in specific implementation [1] Group 2 - Hailiang Co. has achieved mass production capability for new nickel-plated copper foil products suitable for solid-state batteries, receiving positive feedback from leading battery manufacturers [2] - The company continues to innovate in the copper foil sector, particularly with ultra-thin and high-performance copper foil products, demonstrating its competitiveness in the new energy battery materials market [2] Group 3 - The average transaction price of multi-crystalline silicon N-type recycled materials increased by 8.57% week-on-week, reaching 53,200 RMB per ton [3] - The market remains stable in terms of transaction volume, but the number of mainstream signing enterprises has increased to six, indicating a tightening supply situation [3] - The price increase is attributed to first-tier companies reaching their sales limits, leading to a temporary supply tightness, while optimistic market sentiment supported by national policies is expected to maintain a strong price trend [3]

Group 1 - GEM has signed a Memorandum of Understanding (MOU) with ASCEND ELEMENTS to explore collaboration in the European battery recycling and materials market [1][3] - The MOU aims to leverage both companies' strengths in geography, resources, capital, technology, and operational management to establish a leading lithium battery recycling industry system in Europe [3][7] - The collaboration will include the construction of a battery recycling system, disassembly and black powder manufacturing system, and resource recovery and remanufacturing of lithium, nickel, and cobalt materials [3][8] Group 2 - ASCEND ELEMENTS, established in March 2017, specializes in lithium-ion battery recycling and has a strong market position in Europe and the U.S. [5][6] - The MOU outlines specific goals, including exploring capital and equity cooperation, developing battery recycling facilities in Europe, and sharing best practices in production and operations [8][9] - The agreement does not require board or shareholder approval and does not constitute a related party transaction or a major asset restructuring [3][17] Group 3 - The partnership is expected to enhance GEM's competitive position in the global lithium battery recycling market, aligning with its strategy for global expansion [17][18] - The MOU is not expected to have a significant impact on GEM's financial status or operational results for the current year, but it is anticipated to positively influence future business development [3][18] - The collaboration aligns with the global trend towards sustainable energy and the circular economy, supporting the implementation of global battery passports and green development [3][17]