Core Viewpoint - Enjie Co., Ltd. has shown significant stock price growth this year, with a year-to-date increase of 72.65% and a recent surge of 15.40% over the past five trading days, indicating strong market interest and potential investment opportunities [1][2]. Financial Performance - For the period from January to September 2025, Enjie Co., Ltd. achieved a revenue of 9.543 billion yuan, reflecting a year-on-year growth of 27.85%. However, the net profit attributable to shareholders was a loss of 86.32 million yuan, representing a decline of 119.46% compared to the previous year [2]. - The company has distributed a total of 2.825 billion yuan in dividends since its A-share listing, with 1.874 billion yuan distributed over the last three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders for Enjie Co., Ltd. reached 123,100, an increase of 22.09% from the previous period. The average number of circulating shares per shareholder decreased by 18.81% to 6,565 shares [2]. - The top ten circulating shareholders include notable entities such as Quan Guo Xu Yuan Mixed A and Hong Kong Central Clearing Limited, with changes in their holdings indicating shifts in investor sentiment [3]. Market Activity - Enjie Co., Ltd. has appeared on the "Dragon and Tiger List" three times this year, with the most recent instance on October 31, where it recorded a net purchase of 320 million yuan, accounting for 26.03% of the total trading volume [1].

Core Viewpoint - Yunnan Enjie New Materials Co., Ltd. announced that its major shareholder, Yuxi Heyi Investment Co., Ltd., has notified the company about the release of part of its pledged shares [2] Group 1 - The announcement was made on the evening of November 10 [2] - Yuxi Heyi Investment Co., Ltd. holds more than 5% of the company's shares [2] - The release of pledged shares indicates a potential positive shift in the shareholder's confidence [2]

Core Viewpoint - The company, Enjie Co., Ltd. (002812), is actively engaged in the development and production of semi-solid and all-solid-state battery materials, indicating a strong commitment to advancing battery technology and market expansion [1] Group 1: Semi-Solid Battery Materials - The company has a long-term focus and investment in semi-solid battery materials [1] - Jiangsu Sanhe Battery Material Technology Co., Ltd., a subsidiary, has the capability for mass production of semi-solid battery separators [1] - The company is actively exploring market opportunities in the semi-solid battery sector [1] Group 2: All-Solid-State Battery Materials - Hunan Enjie Frontier New Materials Technology Co., Ltd., another subsidiary, is dedicated to the research and development of high-purity lithium sulfide, sulfide solid electrolytes, and sulfide solid electrolyte membranes [1] - The pilot production line for high-purity lithium sulfide has been established, and a 10-ton production line for solid electrolytes has been launched, demonstrating shipping capabilities [1] - The company plans to continue market expansion and deepen collaboration with customers to promote technological advancements in the industry [1]

Core Viewpoint - Enjie Co., Ltd. is actively developing solid-state battery materials through its subsidiary, Hunan Enjie Frontier New Materials Technology Co., Ltd., focusing on high-purity lithium sulfide and solid electrolyte products [1] Group 1: Company Developments - The company has established a pilot production line for high-purity lithium sulfide, which is now operational [1] - A 10-ton production line for solid electrolytes has been launched, indicating the company's capability for product shipment [1] - Future capacity planning will be aligned with downstream customer demand to ensure a reasonable construction and production schedule [1]

截至本公告披露日，合益投资及其一致行动人所持股份质押情况如下： | | | | | | | | 已质押股份情况 | | 未质押股份情况 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 持股数量 | 持股 | 本次解除质 | 本次解除质 | 占其所 | 占公司 | 已质押股 | 占已 | 未质押股 | 占未 | | 股东名称 | （股） | 比例 | 押前质押股 | 押后质押股 | 持股份 | 总股本 | 份限售和 | 质押 | 份限售和 | 质押 | | | | | 份数量（股） | 份数量（股） | 比例 | 比例 | 冻结数量 | 股份 | 冻结数量 | 股份 | | | | | | | | | （股） | 比例 | （股） | 比例 | | 合益投资 | 119,449,535 | 12.16% | 85,584,000 | 71,584,000 | 59.93% | 7.29% | 0 | 0.00% | 0 | 0.00% | | 李晓华 | 80,749,879 | 8.22% | 40,970 ...

Core Viewpoint - The company is responding to investor inquiries regarding the shift in battery separator technology from dry to wet methods, indicating a proactive approach to market changes and customer needs [2]. Group 1: Company Response - The company has acknowledged that some of its energy storage battery clients have already transitioned from dry separators to wet separators [2]. - The company is committed to monitoring various technologies and trends in the battery separator industry to ensure it meets customer demands with high-quality products [2].

Core Insights - The New Materials 50 ETF (516710) increased by 0.73%, with significant gains in constituent stocks such as TCL Zhonghuan (over 8%), Yake Technology (over 7%), and Dongfang Yuhong and Enjie Shares (over 6%) [1] - The 14th Five-Year Plan emphasizes new materials as a strategic emerging industry cluster, focusing on breakthroughs in key core technologies across the entire supply chain [1] - China Galaxy Securities highlights the strategic path from becoming a "material powerhouse" to a "material strong country," supported by policies for resource security and green transformation [1] Industry Overview - The New Materials 50 ETF closely tracks the CSI New Materials Theme Index, which includes 50 listed companies involved in advanced steel, non-ferrous metals, chemicals, inorganic non-metals, and other key strategic materials [1] - The CSI New Materials Theme Index aims to reflect the overall performance of listed companies in the new materials sector [1]

Group 1: Market Performance - The New Energy ETF has a turnover rate of 6.88% during trading, with a transaction volume of 106 million yuan [3] - The latest scale of the New Energy ETF reached 1.534 billion yuan, marking a new high since its inception [3] - In the past three months, the New Energy ETF has seen an increase of 246 million shares, indicating significant growth [3] - Over the last five trading days, the New Energy ETF has attracted a total of 62.2153 million yuan in inflows [3] Group 2: Fund Performance - As of November 7, the New Energy ETF's net value has increased by 72.23% over the past six months, ranking 91 out of 3859 in index equity funds, placing it in the top 2.36% [3] - Since its inception, the New Energy ETF has recorded a maximum monthly return of 25.07%, with the longest streak of consecutive monthly gains being six months and the highest cumulative increase being 67.53% [3] - The average return during the months of increase is 8.57% [3] Group 3: Industry Insights - According to Everbright Securities, the demand for energy storage batteries is expected to grow rapidly by 2026, while the growth of power batteries remains stable [3] - The "anti-involution" policy is anticipated to be the most important investment theme in the photovoltaic industry in 2026, with the silicon material segment expected to achieve capacity clearing and profit recovery first [3] - Companies with differentiated photovoltaic technologies and leading advantages are likely to gain excess profits during industry cycle fluctuations [3] Group 4: Stock Performance - As of October 31, 2025, the top ten weighted stocks in the China Securities New Energy Index include: Sunshine Power, CATL, Longi Green Energy, Eve Energy, TBEA, Huayou Cobalt, Ganfeng Lithium, China Nuclear Power, Tongwei Co., and Lead Intelligent, collectively accounting for 46.1% of the index [6]

Group 1 - The green energy ETF (562010) continues its upward trend, with a nearly 2% increase during trading, marking a four-day consecutive rise and reaching the highest point since February 2023 [1] - Key stocks driving the ETF's performance include Tianhua New Energy, which rose over 7%, and other companies like Enjie, Jiejia Weichuang, and Tianqi Lithium, all showing significant gains [1] Group 2 - The white paper "China's Action on Carbon Peak and Carbon Neutrality" was released on November 8, emphasizing the acceleration of a new energy system and the importance of the 14th Five-Year Plan period (2026-2030) as a critical phase for achieving carbon peak goals [3] - Dongwu Securities forecasts a 40-50% growth in energy storage demand next year due to the gradual introduction of compensation electricity prices and tight supply, alongside unexpected demand from the U.S. Inflation Reduction Act [3] - The upcoming 2025 8th China International Photovoltaic and Energy Storage Industry Conference will take place in Chengdu from November 17-20, highlighting the industry's focus on green energy [3] Group 3 - The green energy ETF passively tracks a green energy index, with the top three sectors being batteries, photovoltaic equipment, and electricity, collectively accounting for over 75% of the index's weight as of the end of October [4] - The top ten weighted stocks in the index include leading companies such as CATL, Sungrow Power, and BYD, indicating a strong concentration in the green energy sector [4]

Group 1 - The chemical sector continues to perform strongly, with the basic chemical sector leading the gains among 30 CITIC primary industries, reflecting a robust overall trend [1] - The Chemical ETF (516020) saw a price increase of 2.25%, with intraday gains reaching up to 3% [1][2] - Key stocks in the sector, such as Luxi Chemical and Hualu Hengsheng, experienced significant price increases of over 9% and 8% respectively [1] Group 2 - The basic chemical sector attracted over 2.65 billion CNY in net inflows from major funds on the day, the highest among all CITIC primary industries [3] - Over the past five trading days, the sector accumulated a total of 43.9 billion CNY in net inflows, ranking second among the 30 CITIC primary industries [3] - Analysts suggest that the chemical sector has been in a long-term bottoming phase, with significant upward potential due to reduced competition [3] Group 3 - The fluorochemical industry is expected to enter a long-term prosperity cycle, with growth potential across various segments, including refrigerants and high-end fluorinated materials [3] - The phosphate chemical sector is anticipated to maintain high price levels due to increased barriers to entry and challenges in processing phosphogypsum [3] - The PTA industry is projected to experience positive development due to limited new capacity and high industry concentration, leading to significant profit potential [4] Group 4 - The Chemical ETF (516020) tracks the CSI sub-industry chemical theme index, with nearly 50% of its holdings concentrated in large-cap leading stocks, providing an efficient way to invest in the sector [5] - The ETF offers exposure to various sub-sectors, including phosphate and fluorochemical industries, allowing investors to capture opportunities across the chemical sector [5] Group 5 - Current valuations in the chemical sector are relatively low, with the chemical ETF's index price-to-book ratio at 2.36, indicating a favorable long-term investment opportunity [4] - The sector is expected to benefit from a rebound in oil prices and ongoing efforts to reduce competition, suggesting significant mid-term upside potential [9]