证券日报网讯 11月28日晚间，英联股份发布公告称，广东英联包装股份有限公司（以下简称"公司"） 于近日接到公司持股5%以上股东翁伟炜先生的通知，获悉翁伟炜先生的部分股份办理了质押相关手 续。本次质押数量6，510，000股。 （文章来源：证券日报） ...

证券代码：002846 证券简称：英联股份 公告编号：2025-094 广东英联包装股份有限公司 关于公司股东部分股份质押的公告 本公司及全体董事会成员保证信息披露内容真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 广东英联包装股份有限公司（以下简称"公司"）于近日接到公司持股 5%以 上股东翁伟炜先生的通知，获悉翁伟炜先生的部分股份办理了质押相关手续，具 体情况如下： 注 1：总股本以公司 2025 年 11 月 27 日股本 419,993,636 股计算，下同。 上述质押股份不存在负担重大资产重组等业绩补偿义务。 截至本公告披露日，上述质押手续已在中国证券登记结算有限责任公司深圳 分公司办理完成。 二、股东及其一致行动人股份累计质押基本情况 截至本公告披露日，公司持股 5%以上股东翁伟炜先生及其一致行动人所持 质押股份情况如下： 1 注 2：上表中出现合计数与各分项数值总和不符，为四舍五入所致。 三、其他说明 公司持股 5%以上股东翁伟炜先生及其一致行动人所持质押股份不存在平仓 风险或被强制过户风险，对上市公司生产经营、公司治理等不会产生影响，未出 现导致公司实际控制权发生变更的实质性因素。后 ...

Group 1 - The company has established a dual main business model, transitioning from metal packaging to composite copper and aluminum foil for power batteries, with expected revenue exceeding 2 billion yuan in 2024 and a net profit of 35.38 million yuan in the first three quarters of this year, representing a year-on-year increase of 1,572.67% [1] - The domestic metal packaging industry maintains a scale of approximately 150 billion yuan, with leading companies driving industry consolidation, resulting in a market share increase of 10.78 percentage points since 2016 for selected listed companies [1] - The production of beer and soft drinks in China has seen stable growth of 3.70% and 3.80% year-on-year respectively in the first three quarters, providing a solid foundation for metal packaging demand [1] Group 2 - Composite conductive fluids are a new material that enhances battery safety by preventing thermal runaway, with PET and PP copper foils being 56% and 60% lighter than traditional copper foils at the same thickness, thus improving energy density [2] - The introduction of new national standards for power batteries this year is expected to accelerate the industrialization of composite conductive fluids, which have already matured in upstream materials, equipment, and midstream manufacturing processes [2] - The company's easy-open lid business is expected to continue stable growth, with a projected CAGR of 19.75% for canned lids from 2020 to 2024 [2] Group 3 - The company has five production lines each for composite copper and aluminum foils, with product yields exceeding 85% and 90% respectively, and has secured significant orders from a new energy technology company [2] - In the solid-state battery lithium metal anode sector, the company is making progress with advantages in vapor deposition technology and is in discussions with leading automotive and battery companies for sample delivery [2] Group 4 - In a neutral scenario, the company is expected to have EPS of 0.11 yuan, 0.21 yuan, and 0.34 yuan for 2025-2027, with a corresponding PE valuation of 160.13 times in 2025, which is above the average valuation level of comparable companies [3] - Given the stable development of the company's original business and the imminent performance realization of new businesses, it is considered to have a certain high valuation [3]

Group 1 - The solid-state battery industry is gaining significant investor interest, with companies in the supply chain from battery manufacturing to upstream materials and equipment suppliers actively engaging with investors during Q3 earnings calls [1] - Semi-solid batteries are already in market application, while all-solid-state batteries are expected to enter a critical pilot testing phase between 2026 and 2027 [2][4] - Companies like Guoxuan High-Tech and Zhuhai Guanyu have reported advancements in semi-solid battery production, with Guoxuan's G-Yuan semi-solid battery nearing mass production and Zhuhai Guanyu starting to ship semi-solid batteries [2][3] Group 2 - The foundation for solid-state battery commercialization lies in innovations in battery materials, with companies currently in the sample submission phase and some achieving small batch shipments [4] - Key materials such as high-nickel and lithium-rich manganese-based cathodes are becoming mainstream to meet the higher energy density requirements of solid-state batteries [4] - Companies like Better Ray and New Zobang have reported small batch applications of solid electrolytes in semi-solid batteries, while companies like Greeenmei have achieved ton-level shipments of solid-state battery materials [4] Group 3 - Equipment manufacturers are seizing opportunities in the solid-state battery sector, with significant differences in production processes compared to traditional liquid batteries [7] - Companies like Lianying Laser and Delong Laser are already producing equipment for semi-solid and all-solid-state batteries, with expectations of increased orders in the coming year [7][8] - Overall, the solid-state battery industry is transitioning into a phase where semi-solid batteries are being applied, and all-solid-state batteries are moving towards pilot testing, with material and equipment companies accelerating their engagement with downstream partners [8]

Group 1: Market Trends and Developments - The solid-state battery industry is experiencing significant interest from investors, with companies in the battery manufacturing, upstream materials, and equipment sectors actively engaging in discussions about technological advancements and industry trends [2] - Semi-solid batteries have begun market applications, while all-solid-state batteries are entering a critical testing phase expected between 2026 and 2027 [3] - Companies like Guoxuan High-Tech and Zhuhai Guanyu have reported that their semi-solid batteries are in mass production and gaining customer recognition, indicating that these products are no longer just concepts but are entering the market [3] Group 2: Material Innovations and Production - The foundation of solid-state battery commercialization lies in innovations in battery materials, with companies currently in the sample submission phase and some achieving small-scale shipments [5] - Companies such as Better Ray and New Zobang have reported small-scale applications of solid electrolytes in semi-solid batteries, while high-nickel and lithium-rich manganese-based materials are becoming mainstream for solid-state batteries [5] - The performance of high-nickel materials in solid-state batteries is approaching that of liquid batteries, with energy densities exceeding 400 Wh/kg, significantly surpassing current liquid battery levels [5] Group 3: Equipment and Supply Chain Opportunities - Equipment manufacturers are seizing opportunities in the solid-state battery sector due to the distinct production processes compared to traditional liquid batteries [7] - Companies like Lianying Laser and Delong Laser are already producing equipment for semi-solid and all-solid-state batteries, with expectations of increased orders in the coming years [7] - Dayun Technology is also focusing on solid-state battery testing equipment, indicating a growing market for detection solutions in the solid-state battery industry [8] Group 4: Future Outlook - The solid-state battery industry is currently in a phase where semi-solid batteries are being applied, and all-solid-state batteries are moving into testing, with significant advancements expected by 2026 to 2027 [8] - Material and equipment companies are accelerating their engagement with downstream manufacturers to position themselves for future growth opportunities in the solid-state battery market [8]

Core Viewpoints - The company is leading in the easy-open lid sector and has established a dual main business model, entering the composite copper foil and aluminum foil fields in 2022, with expected revenue exceeding 2 billion yuan in 2024 and a net profit of 35.38 million yuan in the first three quarters of this year, representing a year-on-year increase of 1,572.67% [3][4] - The domestic metal packaging industry maintains a scale of approximately 150 billion yuan, with room for growth in beverage and canned food sectors. The market share of selected listed companies has increased by 10.78 percentage points since 2016, reaching 24.82%. The production of beer and soft drinks has seen stable growth of 3.70% and 3.80% year-on-year, respectively, providing a solid foundation for metal packaging demand [3][4] - The advantages of composite conductive materials are significant, enhancing battery safety and energy density. The new national standards for power batteries will accelerate the industrialization of composite conductive materials, which have already matured in upstream materials and manufacturing processes [4][5] Industry Insights - The easy-open lid business is expected to continue stable development, with canned lid revenue projected to grow at a CAGR of 19.75% from 2020 to 2024. The company has made progress with downstream clients, securing a two-year order for 50 million square meters from a new energy technology company [5][6] - The company has established five production lines each for composite copper foil and aluminum foil, with product yields exceeding 85% and 90%, respectively. The company is also advancing in the solid-state battery lithium metal anode sector, collaborating with leading automotive and battery companies [5][6] - In a neutral scenario, the company’s EPS is projected to be 0.11 yuan, 0.21 yuan, and 0.34 yuan for 2025-2027, with a corresponding PE valuation of 160.13 times in 2025, which is higher than the average valuation of comparable companies. Given the stable development of its original business and the imminent performance realization of new businesses, the company is expected to enjoy a certain premium valuation [6]

Group 1 - The company has been continuously advancing the research and industrialization of composite flow battery business, with the development of composite aluminum foil and composite copper foil, as well as lithium metal anode materials for solid-state batteries, indicating a broad application in downstream battery sectors [1] - The company has achieved significant industrialization progress in the solid-state battery field, having signed a strategic procurement contract for composite aluminum foil with a new energy technology company, planning to supply 50 million m² of composite aluminum foil from 2026 to 2027 [1] - The company has established deeper cooperation with leading automotive and battery clients since the end of 2024, focusing on testing and optimizing its products across various battery types including liquid, semi-solid, and solid-state batteries [1]

Core Insights - In the past five trading days, a total of 239 companies were investigated by institutions, with significant interest in companies like Ding Tai Gao Ke, Nine Company, and Jing Chen Shares [1][2] - The majority of the investigations were conducted by securities companies, accounting for 90.38% of the total, followed by fund companies and private equity firms [1] - Among the companies investigated, 39 received attention from more than 20 institutions, with Ding Tai Gao Ke being the most scrutinized, attracting 239 institutions [1][2] Group 1: Institutional Research Activity - A total of 239 companies were investigated by institutions from November 18 to November 24 [1] - Securities companies conducted research on 216 companies, while fund companies and private equity firms investigated 150 and 80 companies, respectively [1] - Ding Tai Gao Ke received the highest number of institutional inquiries, with 239 institutions participating [1] Group 2: Financial Performance and Market Movement - In the past five days, six stocks among those investigated saw an increase in funds, with Jing Chen Shares receiving a net inflow of 449 million yuan [1][2] - The stocks that increased in value included Jing Chen Shares, which rose by 15.68%, and others like Hua Xi You Se and Si Ling Shares, which increased by 3.33% and 3.20%, respectively [2] - Conversely, 31 stocks experienced declines, with Ying Lian Shares, Rong Qi Ke Ji, and Hai You Xin Cai seeing the largest drops of 18.48%, 17.41%, and 14.83% [2] Group 3: Company-Specific Insights - Ding Tai Gao Ke's latest closing price was 100.50 yuan, with a decline of 8.30% [3] - Jing Chen Shares closed at 92.72 yuan, marking a significant increase of 15.68% [3] - Ying Lian Shares, on the other hand, closed at 17.11 yuan, reflecting a substantial decrease of 18.48% [3]

Group 1: Institutional Research on Popular Companies - The top twenty companies with the highest number of institutional research visits in the last 30 days include United Imaging Healthcare, Lens Technology, Aibo Medical, Sanhua Intelligent Control, and Zhaoyi Innovation [2][13] - In the last 5 days, the most popular companies for institutional research include Ninebot Company-WD, Rongbai Technology, Lens Technology, Yintong Intelligent Control, and Yinglian Co., Ltd [2][15] - Among the top twenty companies in the last 30 days, 19 companies had 10 or more rating agencies involved, with significant profit growth expected for Jiao Cheng Ultrasound, Lanke Technology, and United Imaging Healthcare in Q1-Q3 of 2025 compared to the same period in 2024 [2][13][16] Group 2: Major Shareholder Increase in A-Share Listed Companies - From November 17 to November 21, 2025, five listed companies announced significant shareholder increases, with Changshu Bank increasing its shareholding by more than 1% of total equity, while Huangtai Liquor, Longlide, Fuguang Co., and Feiwo Technology planned to increase their holdings with an average of more than 1% of the market value on the announcement date [3][20] - From January 1 to November 21, 2025, a total of 295 companies announced significant shareholder increases, with 90 of them having 10 or more rating agencies involved. Among these, 23 companies had an average planned increase amount exceeding 1% of the market value on the announcement date, including Xianhe Co., Hubei Yihua, Xinji Energy, and Zhongju Gaoxin [5][22] Group 3: Share Buyback Situation in A-Share Listed Companies - From November 17 to November 21, 2025, 65 companies announced their buyback progress, with 16 companies having 10 or more rating agencies involved. Five companies had an average planned buyback amount exceeding 1% of the market value on the announcement date, with a focus on Jian Sheng Group, Trina Solar, and Prologis Pharmaceuticals [4][25] - From January 1 to November 21, 2025, a total of 1,805 companies announced their buyback progress, with 344 of them having 10 or more rating agencies involved. Among these, 88 companies had a significant buyback ratio, with two companies, Huaming Equipment and Prologis Pharmaceuticals, still in the board proposal stage [6][27]

Core Viewpoint - The company is actively progressing in its composite materials business, particularly in the battery sector, with recent developments indicating a strong demand for its products in various battery types [1] Group 1: Business Operations - The company's production and operational status in the easy-open lid segment is reported to be normal [1] - The composite aluminum foil and composite copper foil are crucial materials for batteries, including liquid, semi-solid, and solid-state batteries [1] Group 2: Market Developments - The company has recently received bulk orders for its composite aluminum foil from semi-solid battery customers [1] - There is ongoing development of lithium metal anode materials and composite copper foil specifically for sulfide solid-state batteries, with testing and optimization being conducted in collaboration with leading automotive and battery companies [1]