Group 1 - The lithium battery electrolyte index experienced a decline of 2% during intraday trading, indicating a downward trend in the sector [1] - Most component stocks in the index saw a decrease, with notable declines including Haike Xinyuan down 7.69%, Tianji Co. down 2.72%, Duofluoride down 2.36%, Shanshan down 2.24%, and Shida Shenghua down 1.79% [1]

| 代码 | 简称 | 今日涨跌 | 今日换手 | 5日均线 | 10日均线 | 5日较10日均线 | 最新价 | 较10日均线乖 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | （%） | 率（%） | （元） | （元） | 距离（%） | （元） | 离率（%） | | 688310 | 迈得 | -1.06 | 1.48 | 15.36 | 15.59 | -1.49 | 14.98 | -3.90 | | | 医疗 | | | | | | | | | 002759 | 天际 | -2.57 | 7.86 | 40.63 | 41.24 | -1.47 | 37.19 | -9.81 | | | 股份 | | | | | | | | | 600735 | ST新 华锦 | -1.61 | 2.52 | 5.83 | 5.91 | -1.29 | 5.51 | -6.71 | | 688189 | 南新 制药 | -5.59 | 3.56 | 9.21 | 9.30 | -1.01 | 8.79 | -5.48 | | 60 ...

Market Overview - The Shanghai Composite Index fell by 0.51% on December 3rd, with six industries experiencing gains, led by transportation and non-ferrous metals, which rose by 0.69% and 0.63% respectively. The media and computer industries saw the largest declines, down by 2.86% and 2.26% respectively [1] - The net outflow of capital from the two markets was 57.883 billion yuan, with only three industries seeing net inflows: non-ferrous metals (4.407 billion yuan), coal (0.235 billion yuan), and transportation (0.053 billion yuan) [1] Electric Equipment Industry - The electric equipment industry declined by 1.02%, with a total net outflow of 6.140 billion yuan. Out of 364 stocks in this sector, 72 rose, with five hitting the daily limit, while 282 fell [2] - Among the stocks with net inflows, five exceeded 100 million yuan, with Aerospace Machinery leading at 287 million yuan, followed by Dajin Heavy Industry and Longpan Technology at 281 million yuan and 193 million yuan respectively [2] - The stocks with the largest net outflows included Tianji Co. (426 million yuan), Ningde Times (412 million yuan), and Tianci Materials (328 million yuan) [2][3] Top Gainers in Electric Equipment - Aerospace Machinery: +10.05%, turnover rate 17.45%, net inflow 287.46 million yuan - Dajin Heavy Industry: +10.00%, turnover rate 5.45%, net inflow 280.75 million yuan - Longpan Technology: +10.01%, turnover rate 8.66%, net inflow 193.43 million yuan [2] Top Losers in Electric Equipment - Tianji Co.: -4.81%, turnover rate 18.56%, net outflow -425.83 million yuan - Ningde Times: -1.05%, turnover rate 0.33%, net outflow -412.34 million yuan - Tianci Materials: -2.54%, turnover rate 5.02%, net outflow -327.58 million yuan [3]

Group 1 - The company announced that its controlling shareholder, Shantou Tianji Co., Ltd., received a notification from its concerted party, Xingjia International Co., Ltd., regarding the release of part of its pledged shares [1] - The number of shares released from pledge is 2,200,000, which accounts for 16.49% of the shares held by Xingjia International and 0.44% of the company's total share capital [1] - As of the announcement date, Shantou Tianji and its concerted party, Xingjia International, collectively hold 73,629,620 shares, with a total of 48,965,000 shares pledged, representing 66.50% of their holdings and 9.77% of the company's total share capital [1]

| 股 名称 | 东 | 是否为控股 股东或第一 大股东及其 一致行动人 | 本次解除质 押股份数量 （股） | 占 其 股份比例 | 所 | 持 | 占 公 总 股 比例 | 司 本 | 起始日 | 解 除 日期 | 质权人 | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 合计 | | - | 2,200,000 | 16.49% | | | 0.44% | | 31 日 - | 月2日 - | - | | | | | | | 国际 | | | | | | | | | | | 限公司 | | | | | 华 化 | | | | 是 | 2,200,000 | 16.49% | | | 0.44% | | 10 | 2025 年 | | 工 | 有 | | 12 | | | 星嘉 | | | | | | | | | 2025年 | | | 市 | 新 | | | 常 熟 | | | | | | | | | | | | | | ...

Core Viewpoint - Tianji Co., Ltd. (002759.SZ) experienced a decline of 6.31%, closing at 39.96 yuan, with a total market capitalization of 20.04 billion yuan due to a significant shareholding change by a major shareholder [1] Group 1 - Tianji Co., Ltd. announced that it received a simplified equity change report from its shareholder, Ruitai New Materials, who holds more than 5% of the company's shares [1] - Ruitai New Materials reduced its stake by 4.97 million shares through centralized bidding on December 1, 2025 [1] - Following this transaction, Ruitai New Materials now holds 25.07 million shares, representing approximately 4.999997% of the total share capital, thus falling below the 5% threshold [1]

Group 1 - The lithium battery electrolyte index experienced a decline of 3% during intraday trading [1] - Most component stocks in the index showed downward movement, with Shida Shenghua dropping by 7.48% [1] - Haike Xinyuan fell by 5.17%, Tianji Co. decreased by 4.57%, and Duofuduo dropped by 4.17% [1] - Aok Co. saw a decline of 3.52% [1]

Core Viewpoint - The lithium battery electrolyte index experienced a decline of 2% on December 2, indicating a downward trend in the sector [1] Company Performance - Shida Shenghua saw a drop of 4.80% in its stock price [1] - Duofuduo's stock decreased by 4.32% [1] - Tianci Materials experienced a decline of 2.71% [1] - Tianji Co. reported a decrease of 2.46% [1] - Aoke Co. saw a reduction of 2.43% in its stock price [1]

Group 1 - Tianji Co., Ltd.'s major shareholder, Ruitai New Materials, reduced its stake by 4.97 million shares on December 1, bringing its ownership to 25.07 million shares, or 4.999997% of the total shares, falling below 5% [1] - The shares sold were from a specific issuance of A-shares by the company in 2023, indicating a strategic financial decision by the shareholder [1] - This reduction in stake may raise market concerns and could lead to short-term pressure on the stock price, with increased uncertainty due to the lack of pre-disclosure for future reductions [1] Group 2 - Wolong New Energy announced an investment of 804 million yuan to construct a 200,000 kW/1.2 million kWh independent energy storage demonstration project [2] - The project aims to participate in the electricity spot market, buying electricity during low price periods and selling during high price periods to capitalize on price differences [2] - This initiative aligns with the company's core business direction and is expected to enhance its competitiveness and profitability in the renewable energy sector [2] Group 3 - Tianhua New Energy's controlling shareholders transferred 12.95% of the company's shares to Ningde Times, completing the transfer on December 1 [3] - The transfer involved 108 million shares at a price of 24.49 yuan per share, totaling 2.635 billion yuan, resulting in Ningde Times becoming the second-largest shareholder with a 13.54% stake [3] - This transaction strengthens the collaboration between Tianhua New Energy and a leading lithium battery manufacturer, enhancing demand security and supply chain stability for both companies [3]

Group 1 - Tianji Co., Ltd. announced that its major shareholder, Ruitai New Materials, reduced its stake by 4.97 million shares, bringing its ownership below 5% [1] - The shares sold were part of the A-shares issued to specific investors in 2023, indicating a strategic financial decision by Ruitai New Materials [1] - This reduction in stake may lead to market concerns and short-term pressure on the stock price, with increased uncertainty regarding future reductions [1] Group 2 - Wolong New Energy announced an investment of 804 million yuan to construct a 200,000 kW/1,200,000 kWh grid-side independent energy storage demonstration project [2] - The project aims to leverage price differences in the electricity spot market, buying electricity during low-price periods and selling during high-price periods, enhancing profitability [2] - This initiative aligns with the company's core business direction and is expected to strengthen its competitive position in the renewable energy sector [2] Group 3 - Tianhua New Energy's controlling shareholders transferred 12.95% of the company's shares to CATL, completing the transfer process [3] - The transfer involved 108 million shares at a price of 24.49 yuan per share, totaling approximately 2.635 billion yuan [3] - CATL's acquisition positions it as the second-largest shareholder, enhancing supply chain security and collaboration within the lithium battery industry [3]