Core Viewpoint - The announcement highlights the successful completion and trial production of a lithium salt production upgrade project by Zhongmin Resources, which aims to enhance production efficiency and reduce costs in the lithium salt business [1] Group 1: Project Overview - Zhongmin Resources' wholly-owned subsidiary, Zhongmin Resources (Jiangxi) Lithium Industry Co., Ltd., has completed the construction of a 30,000-ton high-purity lithium salt technical upgrade project [1] - The project represents a comprehensive technological upgrade of the existing 25,000-ton lithium salt production line, with a total investment of 120.7442 million yuan [1] - The project is located in Xinyu City, Jiangxi Province, and commenced production trial operations on January 2, 2026 [1] Group 2: Objectives and Benefits - The primary goal of the project is to further reduce production costs in the lithium salt business and accelerate the transition to intelligent manufacturing while promoting a green and low-carbon development model [1] - The project is expected to improve lithium recovery rates and lower production costs, with main products being battery-grade lithium carbonate and battery-grade lithium hydroxide, which can be flexibly adjusted based on market demand [1] - The successful launch of this project increases Zhongmin Resources' total annual production capacity of battery-grade lithium salts to 71,000 tons, enhancing the company's competitive edge in the industry [1] Group 3: Market Considerations - The announcement also notes that lithium salt product prices may fluctuate due to supply-demand relationships, industrial policies, and international trade environments, indicating that actual benefits from the project may differ from expectations [1]

【宏观及行业新闻】 SMM 电池级碳酸锂指数价格 117373 元/吨，环比上一工作日上涨 1564 元/吨；电池级碳酸锂 11.5- 12.2 万元/吨，均价 11.85 万元/吨，环比上一工作日上涨 500 元/吨；工业级碳酸锂 11.25-11.85 万元 /吨，均价 11.55 万元/吨，环比上一工作日上涨 500 元/吨。（上海有色网） | | | 邵婉嫕 | | 投资咨询从业资格号：Z0015722 | | | shaowanyi@gtht.com | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | 刘鸿儒（联系人） 期货从业资格号：F03124172 | | | | liuhongru@gtht.com | | | | 【基本面跟踪】 | | | | | | | | | | 碳酸锂基本面数据 | | | | | | | | | | | | T | T-1 | T-5 | T-10 | T-22 | T-66 | | | | 2601合约（收盘价） | 120,000 | 460 | -2,760 | 13,180 ...

Investment Rating - The report maintains an "Accumulate" rating for the electric power equipment industry [1] Core Views - The lithium battery prices are rapidly linked, and there is significant long-term potential in space photovoltaic technology [1] - The energy storage sector is expected to see substantial growth, with a projected increase of over 60% in 2026 due to rising demand and supply constraints [3][7] - The electric vehicle market is anticipated to grow by 15% in 2026, supported by continued subsidies and a strong export contribution [26] Industry Trends - The electric power equipment sector experienced a decline of 2.18%, underperforming the market, with specific segments like wind power and new energy vehicles showing slight increases [3] - The report highlights the release of independent energy storage capacity compensation in Hubei Province at 165 RMB/kW·year, indicating government support for energy storage development [3] - The report notes that the global energy storage market is expected to grow significantly, with the U.S. projected to see a 60% increase in energy storage installations in 2025 [7] Market Prices and Changes - Lithium carbonate prices are reported at 112,500 RMB/ton, showing a slight decrease of 0.9% [3] - The average price of polysilicon is reported at 53.00 RMB/kg, with no change, while N-type silicon wafers have seen a price increase of 20% [3] - The report indicates that the average bidding price for onshore wind power is 1,800 RMB/kW, reflecting a competitive market environment [3] Company Performance - Companies like Ningde Times and BYD are highlighted for their strong performance, with Ningde Times expected to see a net profit of 11-16 billion RMB in 2025, representing a year-on-year increase of 127%-230% [3] - Tianqi Lithium and Ganfeng Lithium are noted for their strategic partnerships and production capacity expansions, positioning them well in the lithium supply chain [3] - The report emphasizes the strong growth potential for companies involved in energy storage and lithium battery production, recommending investments in leading firms such as Ningde Times and Yiwei Lithium Energy [3][6]

Market Overview - Major US stock indices showed mixed performance, with the S&P 500 rising by 0.19% and the Dow Jones increasing by 0.66%, while the Nasdaq fell by 0.03% [1] - Tesla shares dropped by 2.6%, influenced by software stocks offsetting gains in chip stocks, while Salesforce fell over 4% and Nvidia rose over 1% [1] - The White House's decision to delay tariffs on certain household goods led to an 8% increase in shares of RH [1] Semiconductor Sector - SanDisk surged nearly 16%, Micron Technology rose over 10%, ASML increased by over 8%, and TSMC hit a historical high with a rise of over 5% [2] - The semiconductor sector is expected to benefit from increased capital expenditure in 2026, with analysts projecting a tightening market for memory chips, leading to significant price increases [11] Chinese Tech Stocks - The China concept index rose over 4%, with Baidu increasing by 15% and Alibaba by over 6% [3] - Baidu announced plans to spin off Kunlun Chip for independent listing on the Hong Kong Stock Exchange, resulting in a 9% rise in its stock [10] Economic Policies and Initiatives - The State Council approved the draft of the Water Supply Regulations and the revised Drug Administration Law Implementation Regulations [4] - Shanghai's measures to accelerate the construction of low-altitude economic advanced manufacturing clusters include support for eVTOL and industrial-grade drones, with funding up to 50 million yuan [5] - The State Council issued a solid waste comprehensive governance action plan aiming for a 45 billion-ton annual comprehensive utilization of major solid waste by 2030 [5] IPO and Corporate Actions - Blue Arrow Aerospace's IPO application was accepted, aiming to raise 7.5 billion yuan for reusable rocket technology upgrades and capacity enhancement [12] - Multiple companies announced acquisitions, including Zhongwei Company planning to acquire a 64.69% stake in Hangzhou Zhonggui, and Meike Home proposing to buy 100% of Wande Technology [15][16] Lithium and Battery Materials - Tianqi Lithium forecasted a net profit of 1.1 to 1.6 billion yuan for 2025, driven by strong demand in the new energy vehicle and energy storage markets [29] - The lithium hexafluorophosphate market is expected to remain tight, with significant price increases anticipated due to strong demand and cautious supply expansion [13] Consumer Market Trends - Hainan's duty-free market saw a significant increase during the New Year holiday, with sales reaching 712 million yuan, a year-on-year growth of 128.9% [10][14]

以下是第一财经对一些重要公告的汇总，供投资者参考。 【品大事】 延江股份：拟购买甬强科技控制权，股票停牌 延江股份公告，公司拟以发行股份及支付现金的方式购买宁波甬强科技有限公司控制权，并募集配套资金。预计本次交易可能构成重大资产重组。因有关事 项尚存不确定性，为维护投资者利益，避免对公司证券交易造成重大影响，公司股票自2026年1月5日开市起开始停牌。公司预计在不超过10个交易日的时间 内披露本次交易方案。 方大炭素：终止参与杉杉集团及其全资子公司实质合并重整 方大炭素公告，公司于2025年11月24日同意参与杉杉集团有限公司及其全资子公司宁波朋泽贸易有限公司的实质合并重整投资人招募。然而，由于尽职调查 时间短、不充分，无法对标的资产做出合理价值判断。同时，结合公司在新材料、新能源领域的战略规划，公司决定终止参与重整事项。这一决定不会对公 司的生产经营及财务状况产生不利影响，不存在损害公司及中小股东利益的情形。 铜陵有色：米拉多铜矿二期工程延期，预计将对公司2026年经营业绩产生一定影响 铜陵有色公告，公司控股子公司中铁建铜冠投资有限公司的米拉多铜矿二期工程预计将延期。该工程原计划于2025年6月建成，202 ...

今日聚焦 【生益科技：签订45亿元高性能覆铜板项目投资意向协议】 【天龙股份：拟2.32亿元收购4D毫米波雷达公司苏州豪米波54.87%股权】 【铜陵有色：米拉多铜矿二期工程延期 预计将对公司2026年的经营业绩产生一定影响】 铜陵有色(000630.SZ)公告称，控股子公司中铁建铜冠投资有限公司的米拉多铜矿二期工程预计将延 期。该工程原计划于2025年6月建成，2025年7月至12月进行试生产，2026年初正式投产。然而，由于厄 瓜多尔政治局势波动，人事变动频繁，导致《采矿合同》签署进度受影响，正式投产工作需待《采矿合 同》签署后方可实施。目前，米拉多铜矿二期工程正式投产时间尚不确定，预计将对公司2026年的经营 业绩产生一定影响。 投资签约 【龙蟠科技：拟投资20亿元建设高性能锂电池正极材料项目】 【延江股份：拟购买高速高频载板生产商甬强科技控制权股票停牌 后者高端产品已通过Intel、华为等 认证】 【中坚科技：拟开展智能机器人合作开发项目】 中坚科技(002779.SZ)公告称，公司董事会同意批准公司开展"智能精品"项目前期研发和相关工作。具体 工作包括但不限于：与某行业领先的终端设备提供商共同推动包 ...

今日晚间重要公告抢先看——比亚迪2025年新能源汽车累计销量460万辆，同比增长7.73%；龙蟠科技 拟投资不超过20亿元建设高性能锂电池正极材料项目；宁德时代累计回购1599万股，成交总金额为 43.86亿元。 【重大事项】 梦网科技：与神州六合签署6000万元无人机研发生产合作协议 梦网科技（002123）公告，公司与江西神州六合直升机有限责任公司签署《合作协议》，共同研发和生 产重载吊运无人机产品，研发总金额为6000万元。该合作为双方初步意向，具体实施以后续签订的合同 为准。公司与神州六合签署《合作协议》，旨在拓展新的业务增长点和赛道。神州六合成立于1993年， 神州六合拥有直升机机电类，航电类，复合材料成型等核心专业技术能力，以及完整的航空装备研发生 产体系。 金财互联：拟6343万元收购机器人零部件公司无锡三立51%股权 金财互联（002530）公告，公司拟使用自有资金6343.08万元，通过股权收购及增资方式取得无锡三立 机器人技术有限公司51%股权。交易完成后，无锡三立将成为公司控股子公司，纳入公司合并报表范 围。本次通过股权转让及增资取得无锡三立51%的股权，将热处理技术直接延伸至机器人零部 ...

元旦节后的首个工作日，中矿资源（002738）就传出好消息。下属全资公司中矿资源（江西）锂业有限 公司（下称"中矿锂业"）投资建设年产3万吨高纯锂盐技改项目，已完成建设并取得试生产备案，并于 2026年1月2日点火投料试生产运营。 半年前，即2025年6月27日，中矿资源公告称，为进一步降低锂盐业务生产成本，加速推进智能制造转 型升级，深化绿色低碳发展模式，公司下属全资公司中矿锂业对年产2.5万吨锂盐生产线进行综合技术 升级改造，投资建设年产3万吨高纯锂盐技改项目，项目总投资额为1.21亿元。资金来源为中矿锂业自 有资金或自筹资金，停产检修及技改时间约为6个月。 上述项目的停产技改之时，也是国内碳酸锂行业的调整末期，启动前夕。公开资料显示，2025年6月期 间，碳酸锂的价格从年初的约7.5万元/吨震荡下行，于6月23日触及低点5.93万元/吨后逐步企稳回升 ， 至6月末电池级碳酸锂价格回升至6.14万元/吨，工业级碳酸锂为5.98万元/吨。 财报数据显示，2025年上半年，中矿资源营业收入为32.67亿元，同比增长了34.89%；归母净利润为 8912.89万元，同比下降81.16%；扣非净利润750.34万 ...

中矿资源：年产3万吨高纯锂盐技改项目点火试运行 1月4日晚，中矿资源(002738)发布公告称，下属全资公司中矿资源（江西）锂业有限公司投资建设的年产3万吨高纯锂盐技改项目已完成建设并取得试生产 备案，于2026年1月2日点火投料试生产运营。项目总投资额为1.21亿元，将进一步提高锂回收率，有效降低锂盐生产成本，主产品为电池级碳酸锂、电池级 氢氧化锂，副产品为元明粉。技改项目投产后，公司将合计拥有年产7.1万吨电池级锂盐产能。 邵阳液压：购买重庆新承航锐科技股份有限公司100%股份获得深交所受理 1月4日晚，邵阳液压(301079)发布公告称，公司拟通过发行股份及支付现金的方式购买重庆新承航锐科技股份有限公司100%股份并募集配套资金。2025年12 月31日，公司收到深圳证券交易所出具的《关于受理邵阳维克液压股份有限公司发行股份购买资产并募集配套资金申请文件的通知》。深交所根据相关规定 对申请文件进行了核对，认为申请文件齐备，决定予以受理。 兴齐眼药：硫酸阿托品滴眼液药品补充申请获批 长源电力：拟投资建设松滋八宝风电项目 总投资5.72亿元 1月4日晚，长源电力(000966)发布公告称，公司拟在湖北省松滋 ...

格隆汇1月4日丨中矿资源(002738.SZ)公布，公司下属全资公司中矿资源（江西）锂业有限公司（简 称"中矿锂业"）投资建设年产3万吨高纯锂盐技改项目已完成建设并取得试生产备案，于2026年1月2日 点火投料试生产运营。本技改项目投产后，公司将合计拥有年产7.1万吨电池级锂盐产能，公司锂盐业 务的综合竞争力进一步增强，能够更好地应对行业变革与市场挑战。 ...