Core Insights - The solid-state battery index decreased by 0.8% from June 30 to July 4, with a cumulative increase of 18.2% expected by 2025, outperforming the CSI 300 index which is projected to increase by 17.0% [1][4] - Among the solid-state battery-related stocks, the average decline was 1.3%, with only the current collectors segment showing an increase of 7.0% [1][4] Stock Performance - Top five gainers: Zhongyi Technology (+21.1%), Defu Technology (+21.0%), Honggong Technology (+21.0%), Yuanhang Precision (+12.2%), and Jiayuan Technology (+6.7%) [1][4] - Top five losers: Yinglian Co. (-17.7%), Nuode Co. (-12.9%), Tianji Co. (-11.3%), Jinlongyu (-9.2%), and Zhonglun New Materials (-8.5%) [1][4] Industry Developments - Shanghai Xiba plans to participate in the auction for Yuyuan Rare Earth's lithium sulfide business assets [2] - Several companies have secured orders for solid-state battery copper foil products, including Defu Technology with a significant order from a leading power battery customer [2] - Anwa Technology has successfully launched the first GWh-level solid-state battery production line, marking a significant advancement in solid-state battery development [2] - The industry is transitioning from laboratory stages to mass production validation, with expectations for small batch vehicle testing by the end of 2025 and widespread testing in 2026-2027 [2]

关于项目中标的进展公告 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。 一、项目中标的主要情况 证券代码：002882 证券简称：金龙羽 公告编号：2025-059 金龙羽集团股份有限公司 金龙羽集团股份有限公司（以下简称"本公司"或"公司"）于 2020 年 1 月 7 日收到南方电网物资有限公司的《中标通知书》，确认本公司中标南方电网 物资有限公司 2019 年 10kV 交联电缆（阻燃型）、低压交流电力电缆（阻燃型）、 低压电线、低压交流电力电缆（普通型）材料框架招标部分项目（以下简称"2020 年中标项目"），按中标比例预估中标金额为 27,148 万元（含税）。 公司下属子公司惠州市金龙羽超高压电缆有限公司（以下简称"超高压公 司"）、惠州市金龙羽电缆实业发展有限公司（以下简称"电缆实业"）于 2021 年8月4日收到南方电网物资有限公司于2021年8月4日作出的《中标通知书》， 确认中标南方电网物资有限公司 2021 年 110kV 交流电力电缆、低压交流电力电 缆（阻燃型）、10kV 交流电力电缆（阻燃型）、低压电线框架招标部分项目（以 下简称" ...

Summary of Key Points from the Conference Call Industry Overview - The report focuses on the Chinese A-share market and its performance as of June 2025, highlighting improvements in market sentiment and liquidity leading to a rise in stock prices [1][4]. Core Insights and Arguments - **Market Performance**: Major indices such as the CSI 300, CSI 500, and CSI 1000 increased by 2.5%, 4.3%, and 5.5% respectively in June, while the Hang Seng Index rose by 3.4% [4]. - **Sector Returns**: - Information Technology led with a 9.7% increase YTD, driven by strong performance in tech hardware and AI-related stocks [2][6]. - Financials and Materials sectors also performed well, with increases of 7.3% and 6.9% respectively [2][6]. - Conversely, the Real Estate sector saw a decline of 1.0% YTD, reflecting ongoing challenges in the market [2][7]. - **Earnings Expectations**: By the end of June, the market's earnings expectations for the CSI 300 index for 2025 and 2026 remained stable at a year-on-year growth of 15.5% and 12.5% respectively [4][24]. - **Investment Trends**: There was a net outflow of $475 million from A-shares in the four weeks ending June 20, with the financial, industrial, and consumer sectors experiencing the most significant sell-offs [10][4]. Additional Important Insights - **Macroeconomic Indicators**: - Retail sales in May grew by 6.4%, supported by government policies, while fixed asset investment growth slowed to 2.9% [31][34]. - The trade surplus for May was reported at $103.2 billion, with exports increasing by 4.8% year-on-year [32][34]. - **Market Sentiment**: The report indicates a cautious sentiment regarding potential reforms from the upcoming political bureau meeting, with expectations for further financial market openings and industry policy adjustments [4][30]. - **Sector-Specific Challenges**: The daily consumer sector faced a decline of 3.4% due to regulatory measures affecting government officials and state-owned enterprise employees [7][6]. Conclusion - The Chinese A-share market is experiencing a mixed performance across sectors, with technology and finance leading gains while real estate and consumer sectors face challenges. Macroeconomic indicators suggest a cautious recovery, with potential for future reforms to stimulate growth.

Core Viewpoint - The solid-state battery concept has gained significant momentum, with the solid-state battery index rising by 11.33% recently, leading to a bullish market for related stocks, despite underlying technological and commercialization challenges [2][4][17]. Market Performance - Since April 9, the solid-state battery index has increased by over 44%, significantly outperforming the broader market's 12.79% gain during the same period [4]. - Notable stock performances include Nord Shares (105.13% increase), Keheng Shares (four consecutive 20% limit-ups), and Jinlongyu (eight limit-ups since May 20) [2][4]. Investment Dynamics - The surge in the solid-state battery sector is largely driven by speculative trading, with significant participation from retail investors and institutional funds [6][7]. - Various well-known trading groups and quantitative funds have been actively involved in the trading of stocks like Jinlongyu and Nord Shares, indicating a strong speculative interest [6][7]. Positive Developments - Recent announcements, such as the release of national standards for electric vehicle batteries and BMW's road testing of solid-state battery vehicles, have fueled market optimism [7][8]. - The establishment of industry standards and successful technological advancements, such as QuantumScape's improved production efficiency, have further catalyzed investor interest [8][9]. Technological Trends - The solid-state battery industry is focusing on solid electrolytes, with a shift from multiple technological routes to a more concentrated approach, particularly towards sulfide-based electrolytes [11][12]. - Major companies, including CATL, BYD, and QuantumScape, are investing heavily in research and development of solid-state battery technologies [12][16]. Production and Commercialization Challenges - Despite the positive market sentiment, significant gaps remain between laboratory advancements and commercial production, with ongoing concerns about technology and cost [3][17]. - Many companies in the sector report minimal revenue from solid-state battery initiatives, indicating that commercial viability is still a work in progress [17]. Future Outlook - Analysts predict that small-scale production of solid-state batteries may begin around 2027, with potential applications expanding in various sectors by 2030 [16][19]. - The industry faces challenges in balancing performance metrics such as energy density, safety, and cost, with ongoing research into hybrid approaches to solid-state battery technology [19].

Market Overview - On June 27, the Shanghai Composite Index fell by 0.7%, while the Shenzhen Component Index rose by 0.34% and the ChiNext Index increased by 0.47% [1] - A total of 52 stocks appeared on the daily trading list, with the highest net inflow of funds into Dawi Technology (600589.SH) amounting to 264 million yuan [1][4] Stock Performance - Dawi Technology saw a closing price increase of 6.61% with a turnover rate of 28.45%, and it accounted for 7.84% of the total trading volume [1][2] - The stock with the highest net outflow was Zhongfu Industrial (600595.SH), which experienced a net sell-off of 154 million yuan, representing 15.54% of its total trading volume, despite a closing price increase of 10.05% [4][6] Institutional Activity - Among the 27 stocks on the trading list, institutions were net buyers of 17 stocks and net sellers of 10 stocks, with a total net selling amount of 1.274 billion yuan [6][12] - The stock with the highest institutional net buying was Heertai (002402.SZ), which closed up by 10% and had a turnover rate of 13.07% [7] Northbound Capital - On June 27, northbound capital participated in 14 stocks, with a total net inflow of 915 million yuan [10] - The stock with the highest net inflow from northbound capital was Xiaoshangpin City (600415.SH), with a net purchase of 806 million yuan, accounting for 16.12% of its total trading volume [10][12] Summary of Key Stocks - The stocks that saw both institutional and northbound capital net buying included Hengbao Co., Maiwei Bio, Heertai, and Jinlongyu [12][14] - Conversely, stocks like Zhuyegroup and Zhongfu Industrial were net sold by both institutions and northbound capital [12][14]

Group 1 - The stock of Jinlongyu has experienced a significant increase, with three limit-up days within five trading days, resulting in a cumulative increase of 34.19% and a turnover rate of 132.14% [2] - As of 14:24, the stock's trading volume reached 61.71 million shares, with a transaction amount of 2.17 billion yuan and a turnover rate of 25.00% [2] - The latest total market capitalization of A-shares is 16.19 billion yuan, while the circulating market capitalization is 9.23 billion yuan [2] Group 2 - The stock has been listed on the Dragon and Tiger list due to a cumulative deviation in the increase of 20% over three consecutive trading days, a daily deviation of 7%, and a daily amplitude of 15% [2] - The net buying from the Shenzhen Stock Connect reached 53.31 million yuan, while the total net selling from brokerage seats amounted to 6.16 million yuan [2] Group 3 - The company's Q1 report shows total operating revenue of 899 million yuan, representing a year-on-year growth of 31.14%, and a net profit of 37 million yuan, with a year-on-year increase of 2.94% [2]

股票代码：002882 股票简称：金龙羽 公告编号：2025-058 金龙羽集团股份有限公司 关于公司对外担保进展的公告 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。 一、担保情况概述 （一）2024 年度对外担保预计情况 1、为全资子公司向金融机构融资提供担保的预计 金龙羽集团股份有限公司（以下简称"公司"）于 2024 年 4 月 11 日召开 第四届董事会第三次（定期）会议、第四届监事会第二次会议，审议通过了 《关于向金融机构申请综合授信额度的议案》及《关于 2024 年度对外担保预计 的议案》，同意公司及子公司可向一家或多家金融机构申请综合授信额度，同 时公司为全资子公司惠州市金龙羽电缆实业发展有限公司（以下简称"电缆实 业"）及惠州市金龙羽超高压电缆有限公司（已注销）融资提供不超过人民币 100,000 万元的担保，担保范围包括但不限于申请综合授信、流动资金贷款、 银行承兑汇票、信用证、保函等。担保方式包括但不限于连带责任保证等。具 体内容详见公司于 2024 年 4 月 13 日在指定信息披露媒体巨潮资讯网 （http://www.cninfo. ...

Group 1 - *ST JINGANG is advancing pre-restructuring and restructuring procedures, establishing Beijing Jingang Shuhai Intelligent Computing Technology Co., Ltd. with a registered capital of 10 million yuan to explore the intelligent computing industry [1] - The restructuring investor, Shanghai Hongqi Yunchuang Technology Group Co., Ltd., will leverage its industry advantages to assist the company in expanding new business [1] - Investors should be aware of the risks associated with entering new business areas, including market competition and technological updates, as the company is currently undergoing restructuring [1] Group 2 - Shengxin Lithium Energy plans to repurchase shares worth 400 million to 500 million yuan at a price not exceeding 17.75 yuan per share, demonstrating confidence in its value and commitment to shareholder rights [2] - The company has secured a loan commitment of up to 400 million yuan from the Chengdu branch of Industrial and Commercial Bank of China to support the share repurchase [2] - The share repurchase plan aims to enhance stock value and maintain shareholder interests, while investors should monitor market changes and financial risks during the implementation process [2] Group 3 - Jinlongyu has made progress in the research and development of solid-state batteries and related key materials, with some materials sent for customer evaluation [3] - The company has signed a small procurement order for high-energy-density solid-state battery cells for drones, which is not expected to significantly impact overall profits [3] - Despite having orders, the solid-state battery business has not yet formed a stable long-term revenue stream, indicating limited impact on the company's overall performance [3]

Market Overview - On June 24, the Shanghai Composite Index rose by 1.15%, the Shenzhen Component Index increased by 1.68%, and the ChiNext Index climbed by 2.3% [2] - A total of 66 stocks appeared on the "Dragon and Tiger List" due to significant trading activity, with the highest net inflow of funds being 318 million yuan into Guoxuan High-Tech (002074.SZ) [2][3] Stock Performance - Guoxuan High-Tech saw a net buy of 318 million yuan, accounting for 6.4% of the total trading volume, and closed up by 10.02% with a turnover rate of 9.92% [3][5] - The stock with the highest net outflow was Dawi Co., Ltd. (002213.SZ), which experienced a net sell of 172 million yuan, representing 9.77% of the total trading volume, and closed up by 0.84% with a turnover rate of 42.93% [3][6] Institutional Activity - On the same day, 30 stocks on the Dragon and Tiger List had institutional involvement, with institutions net selling a total of 114 million yuan [7] - The stock with the highest net buy from institutions was Guangxun Technology (002281.SZ), which closed up by 10% and had a turnover rate of 7.28% [7][8] Northbound Capital Flow - Northbound funds participated in 16 stocks on the Dragon and Tiger List, with a total net buy of 395 million yuan [12] - The stock with the highest net buy from northbound funds was Ice Glacier Network (300533.SZ), with a net buy of 154 million yuan, accounting for 9.57% of the total trading volume [12] Divergence in Institutional and Northbound Activity - There was a divergence in the trading of several stocks, such as Inner Mongolia First Machinery Group, where institutions net sold 76.74 million yuan while northbound funds net bought 36.59 million yuan [14] - Similar patterns were observed in stocks like Zhenhua New Materials and Saiwu Technology, indicating differing investment strategies between institutions and northbound funds [14][15]

证券代码：002882 证券简称：金龙羽 公告编号：2025-057 金龙羽集团股份有限公司 股票交易异常波动公告 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、公司固态电池及其关键材料业务虽然目前已有订单，但暂未形成长期稳 定收入，对公司整体业绩暂不构成重大影响。受宏观经济、行业政策、市场环 境变化等因素的影响，该项目亦存在产业化、商用化不及预期的风险。请广大 投资者谨慎决策，注意投资风险。 2、公司股价近期波动幅度较大，敬请广大投资者注意二级市场交易风险， 理性决策，审慎投资。 金龙羽集团股份有限公司（以下简称"公司"、"本公司"）股票（证券简 称：金龙羽，证券代码：002882）于 2025 年 6 月 20 日、6 月 23 日、6 月 24 日 连续三个交易日内日收盘价格涨幅偏离值累计超过 20％，根据《深圳证券交易 所交易规则》的有关规定，属于股票交易异常波动的情形。 二、公司关注、核实情况 针对公司股票交易异常波动，公司董事会通过书面问询的方式，对公司控股 股东、实际控制人及一致行动人针对相关事项进行了核实，有关情况说明如下： ...