Key Highlights - De Xin Technology does not directly produce solid-state batteries [1] - Gujia Home intends to invest 1.124 billion yuan in the construction of a self-built base in Indonesia [1] - Samsung Medical signed a contract worth approximately 419 million yuan for a smart meter project in Egypt [1] - Keli Sensor plans to acquire 45% of Huahong Technology for 122 million yuan [1] - Huamao Technology has repurchased a total of 6.42% of its shares [1] - BYD's total sales of new energy vehicles reached 373,600 units in August [1] - Great Wall Motors reported total sales of 115,558 units in August, a year-on-year increase of 22.33% [1] - Sheng Tai Group's shareholder Itochu Asia plans to reduce its stake by no more than 3% [1] - Dekoli's Qian Mingying and his concerted action partner Shen Liang plan to reduce their holdings by a total of no more than 2.9957% [1] - Longqi Technology's Suzhou Shunwei plans to reduce its holdings by no more than 4.09% [1] - Tianqi Co., Ltd. signed a strategic cooperation framework agreement with Yiwei Lithium Energy [1] - Yibin Technology received a project designation notice from a domestic new energy vehicle company [1]

特锐德公告，近日，中国华电集团电子商务平台发布了《2025-2026年新能源35kV箱式变压器框架采购 招标项目中标候选人公示通知》，北京公共资源交易服务平台发布了《2025年铁路建设项目国铁集团管 理的甲供物资第二批次中标候选人公示》，青岛特锐德电气股份有限公司为部分项目的中标候选人，上 述项目预中标总金额约6.98亿元。公司为本项目中标候选人第一名，预计中标金额约5.68亿元，实际金 额以后续执行情况为准。 ...

Group 1 - Dexin Technology clarifies that it does not directly produce solid-state batteries, but its subsidiary provides precision molds and solutions for lithium battery manufacturers and new energy equipment manufacturers [1] - A major shareholder of Dexin Technology reduced their holdings by 2.3351 million shares, accounting for 1% of the company's total share capital [1] - The clarification highlights the company's technological advantages in the supply chain, while the shareholder's reduction may impact market sentiment [1] Group 2 - Teruid announced it is a candidate for a project with a total value of approximately 698 million yuan, with 568 million yuan from China Huadian Group and 129 million yuan from a railway construction project [2] - The company has not yet received a formal notice of winning the bid, and the actual amount will depend on subsequent execution, indicating uncertainty regarding the impact on the company's performance [2] - This news underscores the company's competitiveness in the power and railway construction sectors, with potential positive effects on performance if the bid is confirmed [2] Group 3 - Funeng Technology has completed the development of its second-generation sulfide all-solid-state battery technology, achieving an energy density of 500 watt-hours per kilogram [3] - The company has already sent samples of its first-generation solid-state battery and is making significant progress in battery technology innovation [3] - This breakthrough is expected to create more commercial opportunities for the company and promote technological advancement in the battery industry [3]

丨 2025年9月2日星期二丨 NO.1两连板德新科技：公司不直接生产固态电池 9月1日，德新科技（603032）发布异动公告，截至公告披露日，公司注意到目前市场上对于公司固态电 池概念的热点情况。公司特此说明：公司不直接生产固态电池，子公司东莞致宏精密模具有限公司为下 游锂电池生产企业、新能源设备制造企业提供能满足不同生产工艺、产品性能及应用需求的系列极片自 动裁切高精密模具、高精密模切刀等产品及解决方案。此外，公司一大股东于2025年8月25日通过集中 竞价方式减持其所持有的公司无限售条件流通股233.51万股，占公司总股本的1%。 点评：德新科技发布公告澄清，公司虽不直接生产固态电池，但子公司致宏精密模具为锂电池及新能源 设备制造企业提供关键模具与解决方案，凸显其在产业链中的技术优势。同时，大股东近期减持公司股 份，可能对市场情绪产生短期影响。投资者应关注公司核心技术应用及市场趋势，理性看待大股东减持 行为。 NO.2特锐德：预中标约6.98亿元项目 9月1日，特锐德（300001）公告称，公司为中国华电集团和铁路建设项目的中标候选人，预中标总金额 约6.98亿元。其中，在华电集团的项目中，公司为第一名 ...

Core Viewpoint - Nasta Co., Ltd. has signed a strategic cooperation agreement with Zhuhai Jihai Semiconductor Co., Ltd. and Teld New Energy Co., Ltd. to enhance collaboration in the green low-carbon transformation of the transportation industry, although the agreement does not specify any financial commitments [2][3]. Agreement Overview - The strategic cooperation agreement aims to deepen the partnership between Jihai Semiconductor and Teld, focusing on mutual benefits, resource sharing, and joint development [3]. - The agreement is a framework for future cooperation and does not require board or shareholder approval [3]. Parties Involved - Teld is a subsidiary of Qingdao Tairui Electric Co., Ltd., a leading player in the electric vehicle charging sector, and aims to become the largest charging network operator in China [4]. Main Content of the Agreement - **Market Cooperation**: Both parties will recommend each other's products to enhance market presence [6]. - **Product Innovation and Technology Collaboration**: The agreement includes discussions on product innovation and technology development, particularly in the charging sector [7]. - **Product Development and Project Collaboration**: The parties will engage in regular communication and share core data to improve product delivery and market competitiveness [9]. - **Product Testing**: Teld will participate in the evaluation of new products during the testing phase [10]. - **Products and Services Involved**: The agreement covers charging-related products from Teld and MCU, DSP, and their derivatives from Jihai [11]. Impact on the Company - **Charging Infrastructure**: With over 30 million electric vehicles in China and only 14.4 million charging stations, there is significant market potential. The agreement aligns with national policies promoting domestic chip production and green energy infrastructure [12]. - **Digital Power Sector**: The demand for AI computing power is expected to drive growth in the digital power market, particularly in server power supply, with a projected compound annual growth rate of 15.5% from 2022 to 2026 [13]. - **Policy Support**: National policies are pushing for energy efficiency in data centers, which will increase the demand for high-performance DSP chips [14]. - The agreement is expected to enhance the company's product sales channels, R&D capabilities, and overall competitiveness, aligning with its long-term development strategy [14].

Key Points - The stock price of Tianpu Co. has significantly deviated from its fundamentals after seven consecutive trading days of gains [1] - Dexin Technology clarified that it does not directly produce solid-state batteries after two consecutive trading days of gains [1] - Guizhou Moutai's controlling shareholder increased their stake by 67,821 shares, spending 100 million yuan [3] - Chint Electric has terminated the plan to spin off its subsidiary Chint Aneng for listing on the Shanghai Stock Exchange [4] - Chengdu Huamei launched a 40G high-precision RF direct sampling ADC chip [5] - ST Gaohong faces the risk of being delisted due to its stock price falling below par value [6] - Zhongtai Automobile's subsidiary assets are under compulsory execution, and the company is unable to resume operations this year [7] - The EU has initiated an anti-dumping investigation into Chinese pea protein [8] - Sierte is under investigation for suspected information disclosure violations by the China Securities Regulatory Commission [9] - Shenkai Co. disclosed the results of the tender offer from Shenzhen Huili and will resume trading on September 2 [10] Mergers and Acquisitions - Sudavige plans to acquire up to 51% of Changzhou Weipu Semiconductor Equipment Co., Ltd. [11] - Keli Sensor intends to purchase minority stakes in its subsidiary Huahong Technology for 121.5 million yuan [12] Operating Data - BYD's new energy vehicle sales in August reached 373,600 units, slightly up from 373,100 units in the same month last year [13] - SAIC Motor's vehicle sales in August were 363,400 units, a year-on-year increase of 41.04% [14] - Great Wall Motors sold 115,600 vehicles in August, marking a year-on-year growth of 22.33% [15] - BAIC Blue Valley's subsidiary sold 13,530 vehicles in August, up 3.47% year-on-year [16] - Hanma Technology's truck sales in August reached 1,051 units, a significant increase of 58.05% year-on-year [17] Shareholding Changes - Kesi Technology's key technical personnel Liang Hongjian plans to reduce their stake by up to 3% [18] - Longqi Technology's Suzhou Shunwei intends to reduce its stake by up to 4.09% [19] - Shengtai Group's Itochu Asia plans to reduce its stake by up to 3% [20] - Fangyuan Co.'s WISCO Yuanding intends to reduce its stake by up to 3% [21] - Dekeli's shareholder Qian Mingying and their concerted parties plan to reduce their stake by up to 3% [22] Contract Awards - Samsung Medical's wholly-owned subsidiary signed an overseas operating contract worth 5.88 million USD [24] - Yibin Technology received a project designation from a domestic new energy vehicle company, with an expected total sales of approximately 243 million yuan [24] - Teruid has pre-qualified for two projects with a total value of about 698 million yuan [24] - Xianghe Industrial recently signed a daily operating contract worth 400 million yuan [24] - Far East Holdings' subsidiary signed contracts worth over 1.689 billion yuan in August [24] Other Developments - Gujia Home intends to invest 1.124 billion yuan to build a self-owned base project in Indonesia [24] - Dongtu Technology is investing to establish a controlling subsidiary in the semiconductor sector [24] - Kangli Elevator has terminated the sale of its wholly-owned subsidiary Guangdong Kangli [24]

每天三分钟公告很轻松 贵州茅台：控股股东9月1日增持6.78万股公司股份；比亚迪等车企披露8月销售数据；司尔特：因涉嫌 信披违法违规被证监会立案；中国船舶：中国重工A股股票将于9月5日终止上市…… 聚焦一： 贵州茅台：控股股东9月1日增持6.78万股公司股份 公司于2025年8月30日披露了《控股股东增持公司股票计划公告》。公司控股股东茅台集团计划自增持 公告发布之日起6个月内，通过集中竞价交易方式增持公司股票，拟增持金额不低于30亿元（含）且不 高于33亿元（含）。2025年9月1日，茅台集团通过集中竞价交易方式，增持67,821股公司股票，占公司 总股本的0.0054%。 聚焦二：比亚迪等车企披露8月销售数据 比亚迪：公司2025年8月新能源汽车销量373,626辆，去年同期为373,083辆；新能源汽车本年累计销量 2,863,876辆，同比增长23.00%。 北汽蓝谷：子公司北京新能源汽车股份有限公司8月销量为13530辆，同比增长3.47%；1-8月累计销量 90962辆，同比增长74.70%。 重要事项 上汽集团：公司8月整车销量363,371辆，同比增长41.04%；1-8月整车累计销量2,75 ...

Agreement Overview - The strategic cooperation agreement between Jihai Semiconductor and Telai Electric aims to deepen their partnership to promote green and low-carbon transformation in the transportation industry [1][2] - The agreement is a framework for future cooperation, with specific business details to be defined in subsequent agreements [2] Parties Involved - Telai Electric is a subsidiary of Qingdao Teruid Electric Co., Ltd., a leading company in the electric vehicle charging sector, established in 2014 [2] - Telai Electric is recognized as a top 100 unicorn in the new infrastructure industry and aims to become the largest charging network operator in China [2] Main Content of the Agreement - The cooperation will involve mutual recommendations of products during market promotion to enhance development for both companies [3] - Both parties will explore product innovation and technology development in the charging field, focusing on MCU and DSP devices [3] Cooperation Details - The agreement is valid for three years, with provisions for renewal through mutual agreement [3] - Both parties will engage in regular communication, share core data conditionally, and prioritize collaboration in new technology and product development [3] Industry Context - The electric vehicle market in China has surpassed 30 million units, but the charging infrastructure is still underdeveloped, with only 14.4 million charging stations as of May 2025, indicating significant market potential [5] - The Chinese government is promoting the localization of core components in charging infrastructure, which aligns with the strategic goals of both companies [5] Future Prospects - The collaboration is expected to enhance the development of high-performance, domestically produced control chips, addressing key challenges in the smart upgrade of charging equipment [5] - The digital power market is expanding rapidly, driven by increasing AI computing demands, which will require advanced power management solutions [6][7] - The partnership aims to respond to national policies promoting green energy and contribute to the realization of carbon neutrality goals in China [7]

格隆汇9月1日丨特锐德(300001.SZ)公布，近日，中国华电集团电子商务平台发布了《2025-2026年新能 源35kV箱式变压器框架采购招标项目中标候选人公示通知》、北京市公共资源交易服务平台发布了 《2025年铁路建设项目国铁集团管理的甲供物资第二批次中标候选人公示》，青岛特锐德电气股份有限 公司为其部分项目的中标候选人，上述项目预中标总金额约69,793.16万元。 ...

Investment Rating - The report maintains a "Buy" rating for the company with a target price of RMB 40.25 [5][7]. Core Views - The company is a leader in the charging pile operation sector and the power equipment segment, expected to benefit from increased charging service fees and expansion into overseas markets [1][3]. - In Q2 2025, the company reported revenues of RMB 4.153 billion, a year-on-year increase of 24.8% and a quarter-on-quarter increase of 97.6%, with a net profit of RMB 262 million, reflecting a year-on-year increase of 99.4% and a quarter-on-quarter increase of 304.8% [1][2]. - The charging business is expected to see improved profitability, while the power equipment segment is strengthening its overseas presence [1][4]. Summary by Sections Charging Pile Business - In H1 2025, the charging business generated RMB 1.84 billion in revenue, a year-on-year increase of 9.2%, with a gross margin of 30.3% [3]. - The company operates 792,000 public charging terminals, holding a market share of approximately 24%, ranking first in the country [3]. - The demand for charging services is anticipated to shift from commercial vehicles to private cars, leading to an increase in service fees [3]. Power Equipment Business - In H1 2025, the power equipment segment reported revenues of RMB 4.41 billion, a year-on-year increase of 20.2%, with a gross margin of 23.7% [4]. - The company secured the highest bid volumes for its products in major projects, indicating a strong competitive position [4]. - The overseas contract value reached approximately RMB 1 billion in H1 2025, a year-on-year increase of 84% [4]. Financial Projections - The company forecasts net profits of RMB 1.211 billion, RMB 1.594 billion, and RMB 2.286 billion for the years 2025, 2026, and 2027 respectively [5][11]. - The report anticipates a consistent growth trajectory in revenue and profitability, with a projected revenue increase of 31.51% in 2025 [11].