Core Viewpoint - The company Tianqi Materials has submitted an application for H-share listing on the Hong Kong Stock Exchange, with the submission date being September 22, 2025 [1] Group 1 - The company has officially announced the submission of its H-share listing application [1] - The application materials have been published on the Hong Kong Stock Exchange website [1]

Group 1 - The liquidity of the battery ETF managed by Jiashi has a turnover rate of 4.03% with a transaction volume of 49.47 million yuan, and the average daily transaction volume over the past month is 91.82 million yuan [3] - The latest scale of the battery ETF managed by Jiashi has reached 1.18 billion yuan, with a total inflow of 112 million yuan over the last 10 trading days [3] - As of September 22, 2025, the net value of the battery ETF managed by Jiashi has increased by 94.99% over the past year, ranking 543 out of 3021 in the index stock fund category, placing it in the top 17.97% [3] Group 2 - Dongwu Securities indicates that the demand for energy storage batteries continues to exceed expectations, with profitability showing improvement elasticity [4] - The global demand for energy storage batteries is revised upward by 25% to 500-550 GWh for 2025, representing a year-on-year increase of 60%, with a forecasted growth of over 35% for 2026 [4] - The top ten weighted stocks in the China Securities Battery Theme Index include companies such as Sunshine Power, CATL, and EVE Energy, accounting for a total of 53.03% of the index [4]

Core Viewpoint - Tianqi Materials has submitted a listing application to the Hong Kong Stock Exchange, with JPMorgan, CITIC Securities, and GF Securities as joint sponsors [1] Group 1: Company Overview - The company focuses on lithium-ion battery materials, including electrolytes, core materials, cathode materials, PACK structure adhesives, and binders [1] - It has integrated the production of key raw materials for electrolytes, such as LiPF6, LiFSI, additives, and lithium carbonate, and has expanded into cathode materials and adhesives for lithium batteries [1] Group 2: Product Development - The company has made advancements in next-generation products, including solid-state electrolytes, automotive electronics, semiconductor-specific adhesives, and high-performance polymers [1] - As of June 30, 2025, the company ranks first in the industry for self-supply ratios of LiPF6, LiFSI, DTD additives, and high-purity lithium carbonate [1] Group 3: Production Network - The company has established a production network covering both China and overseas markets, including the United States and Germany [1] - Plans are in place to establish production bases in Morocco and the United States [1]

Group 1 - The company has submitted an application for the initial public offering of H-shares to the Hong Kong Stock Exchange on September 22, 2025 [1][2] - The issuance will be limited to qualified foreign investors and domestic qualified investors under Chinese laws [2] - The application is subject to approval from regulatory bodies including the China Securities Regulatory Commission and the Hong Kong Stock Exchange, indicating uncertainty in the process [3] Group 2 - On September 22, 2025, the company's subsidiary signed a framework cooperation agreement with Ruipu Lanjun Energy Co., Ltd. for the supply of electrolyte products [5][11] - The agreement stipulates a minimum procurement volume of 800,000 tons of electrolyte products by Ruipu Lanjun until December 31, 2030 [5][11] - The agreement is expected to positively impact the company's operating performance from 2026 to 2030, enhancing its market share and profitability [13]

Core Insights - The solid-state battery industry is entering a "sprint phase" towards commercialization, with significant advancements in sodium-based solid-state batteries [1][2] - A new sodium-based solid-state battery developed by the University of Chicago and Singapore's Agency for Science, Technology and Research can operate stably in sub-zero temperatures, enhancing its competitiveness [1] - The global solid-state battery shipment is expected to reach 614.1 GWh by 2030, with a market size projected to exceed 100 billion yuan [2] Industry Developments - The solid-state battery industry is experiencing accelerated progress driven by both policy and technology, with a key conference scheduled for September 2025 to discuss future trends and challenges [2] - The demand for solid-state battery materials is expected to grow significantly, with investments in equipment projected to reach hundreds of billions [2] - Several A-share listed companies are making strides in solid-state battery technology, with Li Yuan Heng successfully developing manufacturing processes for solid-state battery equipment [2][3] Market Activity - Recent data shows that financing clients have significantly increased their positions in 26 solid-state battery concept stocks, with notable net purchases exceeding 1 billion yuan [4] - Leading companies in this sector include Xian Dao Intelligent, CATL, and others, with some stocks projected to have a net profit growth rate exceeding 20% in the coming years [4][5] - As of September 22, 2023, several stocks in this sector have rolling price-to-earnings ratios below 40, indicating potential investment opportunities [4][5]

Group 1 - The core agreement involves a partnership between Tianqi Materials and Ruipu Lanjun, where Ruipu Lanjun will purchase no less than 800,000 tons of electrolyte products from Tianqi's subsidiary, Jiujiang Tianqi, until December 31, 2030 [1] - Jiujiang Tianqi is required to meet a minimum monthly supply of 20,000 tons to Ruipu Lanjun [1] - The pricing for the core raw material, lithium hexafluorophosphate, will be determined through separate negotiations between the two parties [1]

Group 1 - The article discusses the upcoming IPOs and their details, including the issuance price and market capitalization [1] - It highlights the strategic partnership between Lepu Medical and Hanhai Information Technology, focusing on market promotion and operations in the medical aesthetics sector [1] - The article mentions the collaboration between Tianci Materials and Ruipu Lanjun, indicating a potential growth opportunity [1] Group 2 - The article provides information on convertible bonds, including their current prices, redemption prices, and last trading dates [3][6] - It lists various convertible bonds with their respective market values and conversion ratios, indicating the financial health and market positioning of the companies involved [3][6] - The article emphasizes the importance of monitoring convertible bond performance as part of investment strategies [6]

其他情况说明 天赐材料最近三年披露的框架协议进展顺利。2025年7月17日，九江天赐与楚能新能源签订《生产材料 采购合作协议》，有效期至2030年12月31日，预计供应电解液系列产品总量不少于55万吨，目前合作正 常进行。2024年6月17日，宁德凯欣与宁德时代签订《物料供货协议》，有效期至2025年12月31日，预 计供应对应数量电解液产品，目前电解液业务也正常进行。协议签订前三个月内，公司控股股东、持股 5%以上股东、董监高持股情况未变动（不含股权激励限制性股票回购注销情形），截至公告日，未收 到上述主体拟在未来三个月内减持公司股份的通知，若后续有减持计划，公司将依规履行信息披露义 务。 瑞浦兰钧能源股份有限公司法定代表人为曹辉，注册资本227,687.4050万元，成立于2017年10月25日， 注册地址位于浙江省温州市龙湾区温州湾新区滨海六路205号。主营业务涵盖电池制造销售、储能技术 服务、废旧动力蓄电池回收利用等多领域。天赐材料与瑞浦兰钧不存在关联关系，且瑞浦兰钧信用良 好，具备履约能力，并非失信被执行人。 协议对公司影响 该协议的签订，有利于天赐材料与瑞浦兰钧达成长期稳固合作关系，促进行业上下游 ...

人民财讯9月22日电，天赐材料(002709)9月22日公告，全资子公司九江天赐与瑞浦兰钧能源股份有限公 司（简称"瑞浦兰钧"）签订合作协议。在2030年底前，瑞浦兰钧(含温州基地及下属关联公司)向九江天 赐采购总量不少于80万吨的电解液产品。具体采购量、单价、规格型号等以双方确认的采购订单为准。 此举有利于双方形成紧密的供需联动，对公司2026年至2030年度经营业绩产生积极影响。 转自：证券时报 ...

Core Viewpoint - The company Tianqi Materials (002709.SZ) has signed a cooperation agreement with Ruipu Lanjun Energy Co., Ltd. for the procurement of at least 800,000 tons of electrolyte products by the end of 2030 [1] Group 1 - The agreement is effective from the date of signing until December 31, 2030 [1] - The specific procurement volume, unit price, and specifications will be confirmed through procurement orders agreed upon by both parties [1]