关于员工持股计划股票出售完毕的公告 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。 证券代码：300014 证券简称：亿纬锂能 公告编号：2025-122 惠州亿纬锂能股份有限公司 1 / 4 第八期员工持股计划的股份来源为公司回购专用账户回购的公司股票，共计 558,000股。2021年7月12日，公司收到中国证券登记结算有限责任公司深圳分公司出 具的《证券过户登记确认书》，"惠州亿纬锂能股份有限公司回购专用证券账户"所 持有的558,000股公司回购股票已于2021年7月9日以非交易过户的方式过户至"惠州亿 纬锂能股份有限公司－第八期员工持股计划"，过户价格为72.97元/股。第八期员工持 股计划所获公司股票将按照规定予以锁定，锁定期为12个月，自2021年7月12日至2022 年7月11日。 2022年7月5日，公司在创业板信息披露网站巨潮资讯网披露《关于第八期员工持 股计划锁定期届满的提示性公告》（公告编号：2022-112）。 2023年3月28日，公司召开第六届董事会第十一次会议，审议通过了《关于第八 期员工持股计划存续期展期的议案》，同意公司第八 ...

Group 1 - China has achieved its 2020 wind and solar installation target six years ahead of schedule, with a new goal set to reach 3.6 billion kilowatts by 2035, which is six times the 2020 target [1][2] - The renewable energy sector has seen significant market performance, with solar equipment and energy storage indices showing positive growth, indicating investor confidence in the sector [1] - The total installed capacity of renewable energy in China reached 2.68 million kilowatts in the first half of this year, accounting for 91.5% of new installations, and the total capacity reached 2.159 billion kilowatts, representing a year-on-year growth of 30.6% [3] Group 2 - The new installation targets for wind and solar energy are seen as a strategic arrangement for optimizing China's energy structure and contributing positively to global climate governance [2] - The demand for energy in various sectors such as industry, construction, and transportation is expected to continue growing, driven by the electrification trend and the rapid adoption of digital technologies [2] - Renewable energy is projected to maintain its dominant position in new installations, constituting nearly 60% of the total installed capacity in the country [3]

证券之星消息，9月25日电池板块较上一交易日上涨1.82%，富临精工领涨。当日上证指数报收于 3853.3，下跌0.01%。深证成指报收于13445.9，上涨0.67%。电池板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 300432 | 富临精工 | 17.49 | 9.72% | 202.34万 | | 34.37亿 | | 300490 | 华自科技 | 10.88 | 8.58% | 78.67万 | | 8.54亿 | | 000009 | 中国富安 | 12.08 | 6.71% | 218.31万 | | 26.38亿 | | 300014 | 亿纬锂能 | 81.28 | 6.47% | 123.25万 | | 98.46亿 | | 300073 | 当升科技 | 63.81 | 5.91% | 68.19万 | | 43.80亿 | | 873152 | 天宏锂电 | 35.01 | 4.73% | 13.59万 | | 4.75亿 | | ...

群益证券(香港)研报指出，亿纬锂能出货量保持较快增长，2025年上半年储能/动力电池出货量分别为 28.71GWh/21.48GWh，同比分别增37%和58.6%；下半年，公司动力电池有望保持稳步增长；储能电池 将迎来交付旺季，目前处于满产状态。随着产能利用率提升，"反内卷"政策推进，公司盈利水平有望逐 步改善。公司消费、储能、动力电池三大板块均处于扩张状态，今年以来产能利用率明显提升。此外， 公司的乘用车客户结构正在进一步优化，今年开始公司为零跑和小鹏爆款车型供货，2026年搭载公司大 圆柱电池的宝马新一代电动车也将全球上市。公司盈利水平有望逐步改善：6月底中央财经委会议强 调"反内卷"以来，锂电产业链价格开始止跌企稳。当前股价对应2025/2026/2027年P/E分别为34/22/17 倍，建议"买进"。 ...

Summary of Key Points from the Equity Research Report on China Energy Storage Equities Industry Overview - The report focuses on the **Energy Storage System (ESS)** industry, particularly in **China** and the **US**. - Global ESS installation forecasts for 2026 and 2027 have been raised from **399 GWh** to **401 GWh** and from **483 GWh** to **487 GWh** respectively, reflecting stronger-than-expected battery shipments in the first half of 2025, which increased by **109% year-on-year** [2][15][16]. Core Insights and Arguments - **Policy Impact**: New policies from the **National Development and Reform Commission (NDRC)** in China encourage power users to reduce grid dependence, which is expected to boost ESS demand [2][17]. - **US Market Dynamics**: The **One Big Beautiful Bill Act (OBBBA)** has set a ceiling on the ratio of China-made content in ESS projects eligible for Investment Tax Credit (ITC), but projects started in 2025 are exempt from these restrictions, leading to a projected rush of ESS project starts in the US [2][18]. - **Market Positioning**: - **Sungrow** is a top 3 ESS integrator globally with a **16% market share** in 2024, while **Eve Energy** is the second-largest ESS battery supplier, also with a **16% market share** [3][19]. - The report favors **Eve Energy** over **Sungrow** due to anticipated price increases in ESS batteries, which would benefit Eve but negatively impact Sungrow, which relies on battery procurement [3][19]. Financial Estimates and Valuations - **Sungrow**: Earnings estimates for 2025, 2026, and 2027 have been raised by **30%**, **21%**, and **16%** respectively, with a target price increased to **RMB 168.00** from **RMB 110.00** [4][6]. - **Eve Energy**: Earnings estimates for 2025 have been cut by **26%** due to stock incentive expenses, but estimates for 2026 and 2027 have been raised by **0.2%** and **6.8%** respectively, with a target price increased to **RMB 100.00** from **RMB 70.00** [4][6]. Additional Insights - **Battery Shipment Growth**: Global ESS battery shipments grew by **109% year-on-year** in the first half of 2025, indicating strong demand and restocking in the US due to tariff concerns [16]. - **Cost Competitiveness**: The levelized cost of electricity (LCOE) for solar plus ESS in China is now below peak-hour tariffs, making it an attractive option for solar operators [17][35]. - **Market Trends**: The removal of mandatory installation requirements in China is expected to lead to better pricing for high-quality ESS products, as the market shifts towards quality over quantity [35]. Conclusion - The ESS market is poised for significant growth driven by favorable policies, strong demand, and competitive pricing dynamics. Companies like **Eve Energy** and **Sungrow** are well-positioned to capitalize on these trends, with updated financial estimates reflecting a positive outlook for their respective businesses [19][32][33].

Core Viewpoint - The solid-state battery sector is experiencing a resurgence, with significant advancements in industrialization expected by 2027, marking a potential turning point for the industry [1]. Group 1: Market Performance - The ChiNext 50 Index (399673) rose by 2.39%, with notable gains from constituent stocks such as Kunlun Wanwei (300418) up 9.43%, and EVE Energy (300014) up 6.21% [1]. - The ChiNext 50 ETF (159681) increased by 2.44%, with the latest price reported at 1.51 yuan [1]. Group 2: Solid-State Battery Developments - The solid-state battery industry is accelerating towards mass production, with multiple automakers and battery manufacturers announcing plans for solid-state battery production [1]. - Companies like BMW and Guoxuan High-Tech are already testing vehicles equipped with solid-state batteries, with more extensive testing expected in 2025-2026 [1]. - The transition from small-scale trials to larger pilot projects is underway, indicating a new phase of development for the solid-state battery sector [1]. Group 3: ChiNext 50 Index Composition - The ChiNext 50 Index consists of the 50 stocks with the highest average trading volume in the ChiNext market, reflecting the performance of well-known, large-cap, and liquid companies [2]. - As of August 29, 2025, the top ten weighted stocks in the ChiNext 50 Index accounted for 68.14% of the index, including companies like CATL (300750) and Mindray (300760) [2].

Group 1 - The China Securities New Energy Vehicle Industry Index (930997) has seen a strong increase of 1.94% as of September 25, 2025, with notable gains from companies such as Dongsheng Technology (300073) up 9.05%, Yiwei Lithium Energy (300014) up 7.35%, and China Baowu Steel Group (000009) up 6.98% [1] - The New Energy Vehicle ETF (515700) has risen by 1.81%, marking its fourth consecutive increase, with the latest price reported at 2.41 yuan [1] - Over the past week, the New Energy Vehicle ETF has accumulated a rise of 2.77%, ranking it in the top half among comparable funds [1] Group 2 - As of August 29, 2025, the top ten weighted stocks in the China Securities New Energy Vehicle Industry Index include CATL (300750), Huichuan Technology (300124), BYD (002594), and others, collectively accounting for 54.55% of the index [2] - The weight and performance of the top stocks are as follows: CATL (4.60%, 9.80%), Huichuan Technology (-0.02%, 9.63%), BYD (1.49%, 9.10%), and others [3] Group 3 - The New Energy Vehicle ETF has several off-market connections, including Ping An China Securities New Energy Vehicle ETF Initiated Connection A (012698), C (012699), and E (024504) [5]

Group 1 - The core viewpoint of the news is that EVE Energy Co., Ltd. has seen a significant stock price increase, with a 5.23% rise on September 25, reaching 80.33 yuan per share, and a total market capitalization of 164.33 billion yuan [1] - EVE Energy's stock has experienced a continuous increase for four days, with a cumulative growth of 8.31% during this period [1] - The company's main business includes the research, production, and sales of consumer batteries (including lithium primary batteries, small lithium-ion batteries, and ternary cylindrical batteries) and power batteries (including electric vehicle batteries and energy storage batteries) [1] Group 2 - EVE Energy's revenue composition is as follows: power batteries account for 45.26%, energy storage batteries for 36.56%, consumer batteries for 18.03%, and others for 0.16% [1] - From the perspective of fund holdings, Yongying Fund has one fund heavily invested in EVE Energy, with the Yongying Growth A fund reducing its holdings by 19,900 shares in the second quarter, now holding 228,100 shares, which represents 1.59% of the fund's net value [2] - The Yongying Growth A fund has achieved a year-to-date return of 48.21% and a one-year return of 93.62%, ranking 750 out of 4220 and 638 out of 3820 in its category, respectively [2]

固态电池概念股再度走强 亿纬锂能直线拉升涨超9%，宁德时代涨超5%再创历史新高，当升科技、巨一 科技、中国宝安、恩捷股份涨超6%。 ...

Core Viewpoint - The renewable energy sector is experiencing a strong upward trend, with significant gains in key stocks and ETFs, indicating positive market sentiment and potential investment opportunities [1][4]. Market Performance - As of September 25, 2025, the China Securities New Energy Index rose by 1.34%, with notable stocks such as TCL Zhonghuan hitting the daily limit, and other companies like Tongsheng Technology and Enjie Co., Ltd. also showing substantial increases [1]. - The New Energy ETF (159875) increased by 1.27%, marking its third consecutive day of gains [1]. ETF Insights - The New Energy ETF had a turnover rate of 7.58% during the trading session, with a total transaction value of 83.975 million yuan [4]. - As of September 24, 2025, the ETF's total size reached 1.082 billion yuan, with a cumulative inflow of 24.6957 million yuan over the past 18 trading days [4]. - The ETF's net value increased by 58.85% over the past year, with the highest monthly return since inception being 25.07% and an average monthly return of 8.03% [4]. Industry Trends - Guoyuan Securities highlighted that the recent "anti-involution" actions in the photovoltaic industry have reached the highest strategic level, focusing on capacity integration in the silicon material segment and strengthening price regulation across the industry [4]. - The industry is currently at the bottom of its cycle, with future policy measures expected to be a key variable influencing market trends [4]. - The photovoltaic sector is anticipated to enter a phase of high-quality development, with technological upgrades and market structure optimization becoming core competitive factors [4]. Investment Recommendations - It is suggested to focus on silicon materials, glass, and battery segments that have undergone sufficient corrections and have clear alpha potential, as well as new technologies and leading manufacturers in the supply chain [4][5].