Company Highlights - Hanyu Pharmaceutical expects a net profit of 142 million to 162 million yuan for the first half of 2025, benefiting from increased global market demand and successful product approvals [1] - Taotao Automotive anticipates a net profit growth of 70% to 98% year-on-year for the first half of 2025, driven by enhanced brand influence and improved operational efficiency [2] - Xiaogoods City projects a net profit increase of 13% to 17% for the first half of 2025, attributed to growth in main business revenue and trade fulfillment services [2] - Hongxin Electronics signed contracts totaling 373 million yuan for computing power services through its subsidiaries [3] - Alloy Investment's controlling shareholder will change to Jiuzhou Hengchang, leading to the resumption of trading [3] - Hangzhou High-tech is planning a change in control, with a suspension of trading expected for no more than two trading days [4] - Junpu Intelligent signed a sales framework contract for humanoid robots worth 28.25 million yuan [7] - Lens Technology plans to issue 262 million H-shares globally, with an initial price range set between 17.38 and 18.18 HKD [8] - Saintno Biopharmaceuticals received a drug registration certificate for its product, further enhancing its market competitiveness [12] Investment & Contracts - Shenzhen Energy plans to invest 6.332 billion yuan in upgrading the Mawan Power Plant, aligning with national energy policies [17] - China Railway Construction won a contract worth 3.781 billion yuan for the China-Kyrgyzstan-Uzbekistan railway project [27] - China Railway secured contracts totaling approximately 5.343 billion yuan for the same railway project [28] - Zhongtian Technology's subsidiary won multiple marine energy project contracts totaling about 1.722 billion yuan [29] - Lande Group intends to acquire a 20.1667% stake in Jujia Technology for up to 121 million yuan, enhancing its capabilities in high-performance materials [21][22] Financing & Capital Increase - Yiwei Lithium Energy submitted an application for H-share issuance and listing in Hong Kong [30] - Jiadou Technology plans to issue H-shares and list on the Hong Kong Stock Exchange [30] - Helin Micro-Nano is preparing to issue H-shares for listing in Hong Kong [30] Other Developments - Renfu Pharmaceutical received approval for its midazolam injection in France, with expected annual sales of approximately 33 million USD [31] - Kanghong Pharmaceutical obtained a drug registration certificate for its eye drop product, enhancing its product pipeline in the ophthalmology sector [32]

Event Overview - The 2025 Fifth Start Two-Wheeled Vehicle Battery Swap Conference and Lightweight Power Battery Technology Summit will be held on July 10-11, 2025, in Shenzhen [1] - The event theme is "Battery Swap City, Smart Two-Wheelers" [1] Key Highlights - The conference will feature the release of the "2025 China Two-Wheeled Vehicle Battery Swap and Battery TOP Rankings and Industry White Paper" [2] - The event aims to establish brand benchmarks in the industry by awarding the "2025 China Two-Wheeled Vehicle Battery Swap Leadership Brand" and other categories [2] - Over 300 influential companies in the two-wheeled vehicle battery swap and battery sectors are expected to participate, with more than 600 executives in attendance [2][3] Market Trends - The two-wheeled vehicle battery swap market is experiencing rapid growth, driven by policy support, demand for instant delivery, and technological upgrades [2] - The Shenzhen Battery Swap City plan is accelerating, aiming to create a model for urban battery swapping and leading the national industry into a high-quality development phase [2] Technological Innovations - Companies are focusing on developing high-safety, high-rate, high-energy density, long-cycle life, and low-cost battery products [2] - AI technology is accelerating the development of new battery technologies, including sodium batteries, lithium iron phosphate, and solid-state batteries [2] Forum Agenda - The agenda includes various specialized forums discussing topics such as electric two-wheeler intelligence, battery safety, and new national standards for batteries [4][5][6] - Key speakers include executives from leading companies like Yadi Technology Group, Dudu Battery Swap, and Cainiao Group [5][6] Participation and Registration - Registration packages are available, with costs ranging from 2288 to 2888 yuan per person, including meals and industry white papers [9][10]

证券代码：300014 证券简称：亿纬锂能 公告编号：2025-093 关于向香港联交所递交境外上市外资股（H 股） 发行并上市的申请并刊发申请资料的公告 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。 惠州亿纬锂能股份有限公司（以下简称"公司"）已于2025年6月30日向香港联合 交易所有限公司（以下简称"香港联交所"）递交了发行境外上市外资股（H股）并在 香港联交所主板挂牌上市（以下简称"本次发行并上市"）的申请，并于同日在香港联 交所网站刊登了本次发行并上市的申请资料。本次发行并上市事项的相关申请资料为 公司按照香港证券及期货事务监察委员会（以下简称"香港证监会"）和香港联交所 的要求编制和刊发，为草拟版本，且所载资料可能会适时作出更新及修订。 惠州亿纬锂能股份有限公司 1 / 2 鉴于本次发行并上市的认购对象仅限于符合相关条件的境外投资者及依据中国相 关法律法规有权进行境外证券投资的境内合格投资者，公司将不会在境内证券交易所 的网站和符合境内监管机构规定条件的媒体上刊登该申请资料，但为使境内投资者及 时了解该等申请资料披露的本次发行以及公司的其他相关信息 ...

Core Viewpoint - The company plans to invest up to 8.654 billion RMB in a new energy storage battery project in Kedah, Malaysia, which will enhance its overseas business expansion and meet the growing global demand for energy storage solutions [1][5]. Group 1: Investment Overview - The investment will be executed by the company's wholly-owned subsidiary, EVE ENERGY STORAGE MALAYSIA SDN.BHD., using its own funds, stock issuance, and/or self-raised funds, including bank loans and other financing methods [5]. - The project is expected to be completed within 2.5 years and will cover an area of approximately 484,000 square meters [1][5]. Group 2: Strategic Importance - This project aims to mitigate risks associated with international trade frictions and is expected to contribute to business order growth, capacity expansion, and overall operational performance improvement [1][5]. - The project is named "High Safety, High Reliability, Long Life New Energy Storage Project" and is strategically located in Gurun, Kedah, Malaysia [1].

Core Viewpoint - EVE Energy plans to invest up to 8.654 billion yuan in a new energy storage battery project in Malaysia, reflecting the company's commitment to expanding its overseas operations and meeting the growing global demand for energy storage solutions [1][5][6]. Investment and Expansion Plans - EVE Energy's wholly-owned subsidiary, EVE Energy Storage Malaysia, will lead the investment for the new energy storage battery project [1]. - The project aims to establish a production base for high-safety, high-reliability, and long-life new energy storage batteries in Kedah, Malaysia [5]. - The company has already initiated production at its first overseas factory in Malaysia, which began operations in February 2023, with an annual capacity of 680 million cylindrical batteries [3][4]. Financial Performance and Projections - In 2024, EVE Energy's energy storage battery shipments are projected to reach 50.45 GWh, representing a year-on-year increase of 91.9% [7]. - The contribution of energy storage batteries to total revenue is expected to rise from 33.5% in 2023 to 39.14% in 2024, indicating a significant shift in the company's revenue structure [7][8]. - The gross profit margin for energy storage batteries was 17.03% in 2023 and is projected to be 14.72% in 2024, although it remains higher than that of power batteries [7]. Market Dynamics and Challenges - EVE Energy is responding to changing U.S. tariff policies and the Inflation Reduction Act, which imposes localization requirements for battery components starting in 2024 [9]. - The company remains optimistic about its overseas production capabilities, particularly in Malaysia, which offers lower tariff rates compared to the U.S. [9]. Funding and Financial Strategy - The investment of over 8.654 billion yuan will utilize the company's own funds, funds raised from stock issuance, and/or self-raised funds, including bank loans [14]. - As of the end of Q1 2025, EVE Energy's cash balance was 13.435 billion yuan, with significant liabilities, including 2.0475 billion yuan in long-term loans and a debt-to-asset ratio of approximately 62% [10]. Strategic Adjustments - EVE Energy is also planning to divest from non-core businesses to optimize its asset structure and focus on its main operations [15][16]. - The company has announced plans to reduce its stake in Smoore International, a significant past investment, to reallocate resources towards its core business and R&D needs [15][16].

Core Viewpoint - The article highlights the recent developments in the energy storage sector, particularly focusing on the capacity expansion initiatives by leading companies EVE Energy and CATL, which are leveraging external financing to enhance their production capabilities and accelerate their presence in the energy storage market [2][5]. Group 1: EVE Energy Developments - EVE Energy announced an investment of up to 8.654 billion yuan for a new energy storage battery project in Kedah, Malaysia, aimed at expanding its global production capacity to meet rising demand [3][5]. - The project, tentatively named "High Safety, High Reliability, Long Life New Energy Storage Project," will cover approximately 484,000 square meters and is expected to be completed within 2.5 years [4]. - The strategic intent behind this investment is to facilitate overseas business expansion, mitigate risks associated with international trade tensions, and support the company's global leadership strategy [5][8]. Group 2: CATL Developments - CATL's subsidiary, Ruqing Times, has launched lithium-ion battery container products, marking the establishment of Guangdong's first comprehensive energy storage industrial base that integrates the entire production chain from cell manufacturing to system integration [10]. - The initial investment for this project was 12 billion yuan, with a planned capacity of 25 GWh, and it has progressed rapidly since its inception in 2021 [11]. - By the end of 2024, CATL's total battery system capacity is expected to reach 676 GWh, with an annual output of 516 GWh and a capacity utilization rate of 76.33% [14].

Core Viewpoint - EVE Energy Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, with CITIC Securities as its sole sponsor [1] Group 1: Company Overview - EVE Energy specializes in the lithium battery sector, focusing on a comprehensive R&D and market system that promotes synergy across its operations [3] - The company has strong competitive advantages in consumer batteries, power batteries, and energy storage batteries, with a complete R&D platform covering materials, cells, BMS, and systems [3] - EVE Energy's products are widely used in smart living, green transportation, and energy transition sectors [3] Group 2: Market Demand and Growth - The consumer battery market is expected to grow from 21.7 billion units in 2025 to 55.1 billion units by 2029, with a compound annual growth rate (CAGR) of 26.2% [3] - Global electric vehicle battery shipments are projected to increase from 1,376.4 GWh in 2025 to 3,548.3 GWh by 2029, reflecting a CAGR of 26.7% [3] - The global energy storage battery shipment volume is anticipated to grow from 479.2 GWh in 2025 to 1,101.3 GWh by 2029, with a CAGR of 23.1% [3] Group 3: Client Base and Partnerships - EVE Energy has established long-term collaborations with the top three global power tool manufacturers, covering over 80% of the world's top ten power tool companies [4] - The company serves more than 60% of the top 20 global new energy passenger vehicle suppliers, with notable clients including Samsung, Stanley Black & Decker, Bosch, Xiaomi, and SF Express [4] - EVE Energy's automotive clients include international brands such as BMW, Mercedes-Benz, and Jaguar Land Rover, as well as domestic companies like GAC, FAW, and Changan [4] Group 4: Production Capacity - The company operates eight advanced, information-based, and digital production bases, with two additional bases under construction to provide high-quality battery solutions globally [4] Group 5: Financial Performance - EVE Energy reported revenues of approximately RMB 36.30 billion, RMB 48.78 billion, and RMB 48.61 billion for the fiscal years 2022, 2023, and 2024, respectively [5][6] - The net profits for the same periods were approximately RMB 3.67 billion, RMB 4.52 billion, and RMB 4.22 billion [5][6]

Core Viewpoint - The company EVE Energy plans to invest in a new energy storage battery project in Malaysia, with a total investment not exceeding 8.654 billion RMB [2][3]. Group 1: Project Overview - Project Name: High safety, high reliability, and long-life new energy storage project in Malaysia [3]. - Project Location: The project will be located in Gurun, Kedah, Malaysia [3]. - Total Investment Amount: The total investment is capped at 8.6537796 billion RMB, subject to actual construction costs [3]. - Funding Sources: The funding will come from self-owned funds, stock issuance, and/or self-raised funds, including bank loans and financing from other financial institutions [3]. Group 2: Project Scale and Timeline - Construction Area: The project will cover approximately 484,000 square meters, with the final area to be determined based on actual land use [4]. - Construction Period: The project construction period is expected to be no more than 2.5 years, with the final timeline dependent on actual construction conditions [3].

Group 1 - The core point of the article is that Huizhou EVE Energy Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, with CITIC Securities as the exclusive sponsor [1] Group 2 - The listing application indicates the company's intention to expand its capital base and enhance its market presence [1] - The involvement of CITIC Securities suggests a strong backing and confidence in the company's growth potential [1]

Group 1: ETF Performance and Liquidity - The New Energy ETF has a turnover rate of 1.64% with a transaction volume of 14.5887 million yuan as of June 27 [3] - Over the past year, the average daily transaction volume of the New Energy ETF is 35.6371 million yuan, with a recent weekly scale increase of 1.9363 million yuan [3] - The net value of the New Energy ETF has increased by 8.10% over the past year, with the highest monthly return since inception being 25.07% and the longest consecutive monthly increase being 2 months [3] Group 2: Valuation Metrics - The valuation of the index tracked by the New Energy ETF, the CSI New Energy Index, is at a historical low, with the latest price-to-book ratio (PB) at 2.05 times, which is lower than 86.85% of the time over the past five years [3] Group 3: Stock Performance - Notable stock performances include: - Contemporary Amperex Technology Co., Ltd. (宁德时代) with a rise of 0.26% [5] - Sungrow Power Supply Co., Ltd. (阳光电源) with an increase of 3.62% [5] - Longi Green Energy Technology Co., Ltd. (隆基绿能) with a rise of 2.68% [5] - The top ten weighted stocks in the CSI New Energy Index account for 44.89% of the index, including major players like Ningde Times and Sungrow [6] Group 4: Market Developments - The electricity spot market trial in Henan province is underway from June 19 to June 27, aiming to optimize resource allocation and improve price connections between long-term and spot electricity markets [5] - Xinjiang's new energy electricity price market reform is expected to lead to a lower price floor for incremental projects, with a high probability of approaching 0.150 yuan per kilowatt-hour [6]