Group 1 - The core point of the article is that Keda Li announced the approval of several proposals at its first extraordinary general meeting of shareholders in 2025, including the proposal to convert part of the raised funds into capital increase for its wholly-owned subsidiary Jiangsu Keda Li [2] Group 2 - The announcement indicates a strategic move by the company to strengthen its subsidiary through additional funding [2] - The decision reflects the company's ongoing commitment to support its subsidiaries and enhance their operational capabilities [2] - This capital increase may position Jiangsu Keda Li for future growth and expansion within its market [2]

Group 1 - The legal opinion letter from Guangdong Xinda Law Firm confirms the legality of the 2025 first extraordinary general meeting of Shenzhen Keda Li Industrial Co., Ltd. [1][2][3] - The meeting was convened in accordance with the Company Law, Shareholders' Meeting Rules, and the company's articles of association, with proper notification and procedures followed [4][5] - The meeting utilized a combination of on-site and online voting, with specific timeframes for each voting method clearly outlined [4][6] Group 2 - A total of 359 participants attended the meeting, representing 128,101,707 shares, which is 46.8231% of the total shares [6] - The qualifications of the shareholders and their representatives were verified, ensuring all attendees had the right to participate and vote [5][6] - The voting results showed overwhelming support for the proposals, with significant percentages of shares voting in favor [7][8] Group 3 - The voting procedures adhered to legal and regulatory requirements, ensuring the legitimacy of the meeting and its outcomes [8] - The meeting's resolutions were passed without objections from the attendees, confirming the effectiveness of the voting process [8] - The legal opinion concludes that all aspects of the meeting, including convening, attendance, and voting, were compliant with applicable laws and regulations [8]

| 证券代码：002850 | 证券简称：科达利 | 公告编号：2025-064 | | --- | --- | --- | | 债券代码：127066 | 债券简称：科利转债 | | 深圳市科达利实业股份有限公司 2025 年第一次临时股东会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 特别提示： 1．本次股东会无否决提案的情形； 2．本次股东会未涉及变更以往股东会已通过的决议。 一、会议召开和出席情况 深圳市科达利实业股份有限公司（以下简称"公司"） 2025 年第一次临时股东 会于 2025 年 9 月 2 日以现场投票与网络投票相结合的方式在公司会议室召开，公司 董事会于 2025 年 8 月 16 日以公告方式向全体股东发送了召开本次会议的通知。会议 的召集、召开符合有关法律、行政法规、部门规章、规范性文件和《公司章程》的规 定。 出席本次会议的股东及股东授权代表共 359 人，代表的股份总数为 128,101,707 股，占公司有表决权股份总数 273,586,383 股的 46.8231%。其中：出席现场会议的股 东及股东授权代表 5 ...

广东信达律师事务所 股东会法律意见书 中国 深圳 福田区益田路6001号太平金融大厦11、12楼 邮政编码：518038 11-12/F, TaiPing Finance Tower, Yitian Road 6001, Futian District，Shenzhen, P. R. China 电话(Tel)：(0755)88265288 传真(Fax) ：(0755) 88265537 电子邮件（E-mail）：info@sundiallawfirm.com 网站（Website）：www.sundiallawfirm.com 广东信达律师事务所 关于深圳市科达利实业股份有限公司 2025 年第一次临时股东会的法律意见书 信达会字[2025]第 248 号 致：深圳市科达利实业股份有限公司 广东信达律师事务所（下称"信达"）接受深圳市科达利实业股份有限公司 （下称"贵公司"或"公司"）的委托，指派信达律师出席贵公司 2025 年第一次 临时股东会（下称"本次股东会"），对贵公司本次股东会的合法性进行见证，并 出具本《广东信达律师事务所关于深圳市科达利实业股份有限公司 2025 年第一 次临时股东会的法律意 ...

Core Insights - The battery sector is experiencing positive momentum, with the China Battery Theme Index rising by 0.61% and notable gains in key stocks such as Xiamen Tungsten and CATL [1][4] - The battery ETF, Jia Shi, has shown strong performance with a weekly increase of 7.63%, ranking first among comparable funds [1][3] - The ETF has seen significant liquidity and inflows, with a recent net inflow of 55.46 million yuan over four days [3] Market Performance - The top-performing stocks in the battery sector include: - Xiamen Tungsten: +5.37% - CATL: +0.16% - Leading stock, Xian Dao Intelligent, surged by 10.02% [1][6] - The Jia Shi battery ETF has reached a new high in scale at 401 million yuan and a new high in shares at 630 million [3] Production and Export Data - In the first seven months of 2025, the production of power and other batteries reached 831.1 GWh, reflecting a year-on-year increase of 57.5% [3] - Power battery exports for the same period totaled 96.4 GWh, up 29.4% year-on-year [3] Industry Trends - The report from CITIC Securities highlights CATL's sodium battery production progress and its competitive edge with a 40% market share [4] - The future performance of the sector may depend on the strength of inventory replenishment by automakers in Q4 and the realization of overseas orders [4]

Group 1 - The core point of the news is that Keda Li's stock price dropped by 5.05% to 131.18 CNY per share, with a trading volume of 5.11 billion CNY and a turnover rate of 1.94%, resulting in a total market capitalization of 35.879 billion CNY [1] - Keda Li, established on September 20, 1996, and listed on March 2, 2017, is primarily engaged in the research and manufacturing of precision structural components, with 96.52% of its revenue coming from lithium battery structural components [1] - The company is located in Shenzhen, Guangdong Province, specifically at 16 Keji South Road, Nanshan District, Shenzhen Bay Technology Ecological Park, Building 11, A Block, 27th Floor [1] Group 2 - The Hongta Hongtu Fund has a significant holding in Keda Li, with its fund "Hongta Hongtu New Energy Theme Selected Stock A" (015537) holding 1,200 shares, unchanged from the previous period, accounting for 3.51% of the fund's net value [2] - The fund was established on September 27, 2022, with a latest scale of 1.3347 million CNY, and has achieved a year-to-date return of 20.49%, ranking 2411 out of 4222 in its category [2] - The fund manager, Zhao Yao, has been in position for 10 years and 123 days, with the fund's total asset scale at 1.743 billion CNY, achieving a best return of 81.9% and a worst return of -18.51% during his tenure [3]

Group 1 - Keda Li's stock price dropped by 5.05% to 131.18 CNY per share, with a trading volume of 5.11 billion CNY and a turnover rate of 1.94%, resulting in a total market capitalization of 35.879 billion CNY [1] - Keda Li, established on September 20, 1996, and listed on March 2, 2017, specializes in the research and manufacturing of precision structural components, with lithium battery structural components accounting for 96.52% of its main business revenue [1] Group 2 - E Fund's ETF, E Fund National New Energy Battery ETF (159566), increased its holdings in Keda Li by 1,300 shares in the second quarter, bringing the total to 39,300 shares, which represents 3.74% of the fund's net value, making it the fifth-largest holding [2] - The E Fund National New Energy Battery ETF has a total scale of 1.19 billion CNY and has achieved a year-to-date return of 31.31%, ranking 1325 out of 4222 in its category [2]

Group 1 - The company announced a change in its investment project from Malaysia to Thailand, with the new project involving a total investment of no more than 210 million RMB [2] - The original Malaysian lithium battery precision structural component project, planned for an investment of up to 600 million RMB, will be canceled [2] - The new project in Thailand will be implemented by a company jointly funded with its wholly-owned subsidiary, with an 80% investment share from the company [2] - The expected construction period for the new project is approximately 24 months, with an anticipated annual output value of around 480 million RMB upon full production [2] - This strategic move aims to optimize resource allocation, enhance investment efficiency, and better seize regional development opportunities, aligning with the company's long-term global layout strategy [2] Group 2 - Over 20 energy storage companies are set to launch IPOs in Hong Kong [4] - BYD's mid-year revenue has surpassed that of Tesla for the first time [4] Group 3 - The first industry forum on household and portable energy storage battery technology will be held in Shenzhen on September 26, 2025 [4] - The first international summit and exhibition on sulfide all-solid-state batteries is scheduled for November 8, 2025, in Guangzhou [4]

Investment Rating - The report maintains a "Buy" rating for key companies in the electric equipment and new energy sector, including CATL, Keda, and others [5]. Core Insights - The electric equipment and new energy sector saw a weekly increase of 3.99%, outperforming the Shanghai Composite Index, with lithium battery index showing the highest growth at 7.37% [1][4]. - NIO's new ES8 SUV has begun pre-sales, featuring advanced design and safety features, and is expected to enhance the competitive landscape in the electric vehicle market [2][9]. - The solar power generation capacity added in the first seven months of 2025 reached 223.25 GW, marking an 80.73% year-on-year increase, indicating strong growth in the renewable energy sector [3][32]. Summary by Sections New Energy Vehicles - NIO's ES8 pre-sale started on August 21, with prices starting at 416,800 RMB for the luxury version and 456,800 RMB for the signature version, set to launch in late September [2][9]. - The ES8 features a 5280mm length and 3130mm wheelbase, making it the largest pure electric SUV in China, with a 777L cargo capacity even with six passengers [10][11]. New Energy Generation - In the first seven months of 2025, solar power generation capacity increased by 223.25 GW, with a monthly addition of 11.04 GW in July, despite a year-on-year decline of 47.55% [3][32]. - The report highlights a significant increase in inverter exports, with a total of 37.109 billion RMB in the first seven months, reflecting a year-on-year growth of 8.87% [26]. Electric Equipment and Automation - The State Grid announced the results of its third high-voltage equipment tender for 2025, with a total value of 1.3 billion RMB, indicating ongoing investment in infrastructure [4]. - Key companies to watch include CATL, Keda, and others, which are expected to benefit from the growing demand in the electric equipment sector [4]. Company Profit Forecasts and Valuations - The report provides earnings per share (EPS) forecasts for key companies, with CATL projected to have an EPS of 14.96 RMB in 2025, and a price-to-earnings (PE) ratio of 19 [5]. - Other companies like Keda and Daikin Heavy Industries are also rated as "Buy," with expected EPS growth in the coming years [5]. Industry Data Tracking - The report tracks lithium battery material prices, showing stability in prices for ternary cathode materials and slight fluctuations in other components [15][43]. - The solar industry is experiencing price adjustments, with polysilicon prices ranging from 50 to 55 RMB per kg, reflecting market dynamics and supply chain adjustments [35][36].

Battery - Avesta Holding, a Belgian high-tech company, has signed an agreement to establish a GWh-level solid-state battery project in Jintan, Jiangsu, with an initial investment of €5 million and a planned second phase investment of €100 million, expecting an annual output value of ¥2 billion and tax revenue exceeding ¥100 million upon reaching full production [2] - Great Wall Motors has initiated a recall of 67 electric vehicles due to potential safety hazards related to battery production issues, offering free replacements for the affected battery modules [3] - BMW has commenced road testing of its BMW i7 equipped with large solid-state batteries developed by Solid Power, in collaboration with Umicore, aiming to enhance electric vehicle performance and sustainability [4][5] Materials - Kodali has announced a change in its project location from Malaysia to Thailand, with a new investment of up to ¥210 million, aiming for an annual output value of approximately ¥480 million upon completion [7][8] - Greeenme announced a net profit of ¥799 million for the first half of 2025, with a revenue of ¥17.561 billion, reflecting a year-on-year growth of 1.28% in revenue and 13.91% in net profit [9] Equipment - Winbond Technology has successfully shipped multiple high-performance coating machines to a battery factory in Hungary, supporting a production line with a capacity of 40 GWh, marking a significant achievement in its European strategic layout [12][13] Recycling - Shaanxi Jiaokong and Shenzhen Qiantai have signed a cooperation agreement to expand the recycling and dismantling business of new energy vehicles, focusing on battery disposal and providing expertise in battery storage and utilization [10]