每经AI快讯，亿纬锂能（SZ 300014，收盘价：76.34元）9月24日晚间发布公告称，截至本公告披露 日，公司控股股东、实际控制人及其一致行动人累计质押股份数量约为3.69亿股，占其所持股份比例为 45.23%。 2025年1至6月份，亿纬锂能的营业收入构成为：电子元器件制造业占比100.0%。 截至发稿，亿纬锂能市值为1562亿元。 每经头条（nbdtoutiao）——"9·24"一周年，A股总市值破116万亿元！四大变革重塑中国资本市场新生 态 （记者 曾健辉） ...

Market Performance - The battery sector increased by 3.55% compared to the previous trading day, with a notable rise in the Shanghai Composite Index, which closed at 3853.64, up 0.83% [1] - The Shenzhen Component Index also saw an increase, closing at 13356.14, up 1.8% [1] Top Gainers in Battery Sector - Key stocks in the battery sector included: - Jiao Cheng Ultrasonic (688392) with a closing price of 98.20, up 10.59% and a trading volume of 73,900 shares, totaling 728 million yuan [1] - China Huang'an (000009) closed at 11.32, up 10.01% with a trading volume of 982,900 shares, totaling 1.073 billion yuan [1] - Huijie Co., Ltd. (002812) closed at 44.59, up 9.99% with a trading volume of 385,800 shares, totaling 1.647 billion yuan [1] Decliners in Battery Sector - Notable decliners included: - Yema Battery (605378) closed at 28.01, down 3.08% with a trading volume of 165,900 shares, totaling 456 million yuan [2] - Defu Technology (301511) closed at 36.24, down 2.66% with a trading volume of 388,100 shares, totaling 1.39 billion yuan [2] - Yihua Road (688339) closed at 27.70, down 2.64% with a trading volume of 107,400 shares, totaling 299 million yuan [2] Capital Flow in Battery Sector - The battery sector experienced a net inflow of 3.22 billion yuan from main funds, while retail funds saw a net outflow of 1.497 billion yuan [2][3] - Main funds showed a significant presence in stocks like Ningde Times (300750) and Yiwei Lithium Energy (300014), with net inflows of 989 million yuan and 421 million yuan respectively [3] Summary of Key Stocks - The following stocks had significant capital flows: - Ningde Times (300750) had a main fund net inflow of 989 million yuan, with a main fund占比 of 6.91% [3] - Yiwei Lithium Energy (300014) had a main fund net inflow of 421 million yuan, with a main fund占比 of 5.69% [3] - Enjie Co., Ltd. (002812) had a main fund net inflow of 335 million yuan, with a main fund占比 of 20.32% [3]

Investment Rating - The report maintains a "Positive" investment rating for the industry [3] Core Insights - The report emphasizes the importance of long-term demand expectations as a key driver for valuation and performance in the lithium battery and photovoltaic sectors [24][28] - It highlights the significant impact of short-term marginal conditions, particularly pricing and production/output data, on market sentiment and stock performance [41][48] Summary by Sections 1. Stock Price Review - The lithium battery market began its upward trend in late 2019, driven by European carbon emission assessments and the rise of new energy vehicle consumption in China [11] - The photovoltaic market saw significant growth from 2020 to 2021 due to global carbon reduction targets and supply constraints, leading to a surge in prices and stock performance [15] - The inverter segment experienced explosive growth driven by demand from energy storage solutions, but faced a sharp decline in 2023 due to inventory issues [19] 2. Key Drivers - **Long-term Demand Expectations - Lithium Batteries** - The report notes that the adjustment of long-term demand expectations directly influences performance and valuation, with significant growth observed in 2020 due to rising demand for new energy vehicles [24] - **Long-term Demand Expectations - Photovoltaics** - The report indicates that from 2020 to 2021, demand expectations for photovoltaics were revised upwards, leading to a bullish market sentiment, but concerns about peak demand in 2023 led to a decline in valuations [29] - **Long-term Demand Expectations - Inverters** - The inverter market's performance was closely tied to demand expectations, with significant growth in 2022 driven by European energy needs, but a subsequent drop in orders in 2023 [33] 3. Short-term Marginal Conditions - **Pricing** - The report highlights that price changes in lithium and silicon materials significantly affect stock prices, with stock prices often leading material price increases [41] - **Production/Output** - Monthly production and shipment data are critical indicators for stock performance, particularly in the energy storage sector, where visibility is limited [48] - **Quarterly Profit Growth Expectations** - Market participants often use quarterly profit growth expectations to gauge industry health, with stock prices typically peaking ahead of profit expectations [49] 4. Other Insights - The report notes that valuation levels are not the primary indicators of market peaks, as fundamental expectations play a more crucial role in determining market trends [59] 5. Outlook - The report expresses optimism for the energy storage market, projecting significant growth in global installations driven by improved demand expectations and favorable market conditions [62][65]

证券代码：300014 证券简称：亿纬锂能 公告编号：2025-120 惠州亿纬锂能股份有限公司 关于控股股东、实际控制人部分股份解除质押及质押的公告 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。 | 股东名称 | 是否为控股股东 或第一大股东及 | 本次解除质押 | 占其所持 股份比例 | 占公司总 股本比例 | 质押开始日 | 解除质押日 | 质权人 | | --- | --- | --- | --- | --- | --- | --- | --- | | | 其一致行动人 | 数量（股） | | | | | | | 亿纬控股 | 是 | 3,500,000 | 0.53% | 0.17% | 2024年9月18日 | 2025年9月22日 | 华能贵诚信托有限公司 | | 亿纬控股 | 是 | 6,740,000 | 1.03% | 0.33% | 2024年9月18日 | 2025年9月22日 | 华能贵诚信托有限公司 | | 亿纬控股 | 是 | 26,000,000 | 3.97% | 1.27% | 2024年6月11日 | 2025年9月23日 ...

关于子公司完成工商变更登记的公告 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。 为满足惠州亿纬锂能股份有限公司（以下简称"公司"）子公司曲靖亿纬锂能有 限公司（以下简称"曲靖亿纬"）经营发展的资金需求，增强可持续发展能力，公司 使用自有资金67,500万元向曲靖亿纬增资。本次增资完成后，曲靖亿纬注册资本将由 105,000万元变更为172,500万元，公司仍以直接和间接的方式持有其100%的股权。具 体信息如下： 近日，曲靖亿纬已完成工商变更登记手续，并取得了曲靖市市场监督管理局核发 的《营业执照》。具体信息如下： 名称：曲靖亿纬锂能有限公司 证券代码：300014 证券简称：亿纬锂能 公告编号：2025-121 惠州亿纬锂能股份有限公司 住所：云南省曲靖经济技术开发区西城街道大海哨社区湖滨北路28号 惠州亿纬锂能股份有限公司董事会 2025 年 9 月 24 日 2 / 2 法定代表人：刘金成 注册资本：172,500万人民币元 经营范围：一般项目：电池制造；电池销售；新兴能源技术研发；新材料技术研 发；新能源汽车电附件销售；新能源汽车换电设施销售；新能源原 ...

特别提示： 一、本次可转换公司债券回售的公告情况 债券代码：123254 转债简称：亿纬转债 惠州亿纬锂能股份有限公司 关于"亿纬转债"回售结果的公告 证券代码：300014 证券简称：亿纬锂能 公告编号：2025-119 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。 惠州亿纬锂能股份有限公司（以下简称"公司"）根据《深圳证券交易所创业板 股票上市规则》《深圳证券交易所上市公司自律监管指引第15号——可转换公司债券》 以及《惠州亿纬锂能股份有限公司创业板向不特定对象发行可转换公司债券募集说明 书》（以下简称"《募集说明书》"）的规定，分别于2025年9月9日、9月11日和9月 12日在巨潮资讯网披露了《关于亿纬转债回售的第一次提示性公告》（公告编号： 2025-112）、《关于亿纬转债回售的第二次提示性公告》（公告编号：2025-115）、《关 于亿纬转债回售的第三次提示性公告》（公告编号：2025-116），"亿纬转债"持有 人可以在回售申报期内将持有的"亿纬转债"全部或部分回售给公司，回售价格为人 民币100.09元/张（含息、税），回售申报期为2025 ...

| 证券代码：300014 | 证券简称：亿纬锂能 | 公告编号：2025-118 | | --- | --- | --- | | 债券代码：123254 | 转债简称：亿纬转债 | | 惠州亿纬锂能股份有限公司 关于亿纬转债开始转股的提示性公告 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： 一、可转换公司债券基本情况 （一）可转换公司债券发行上市情况 经中国证券监督管理委员会（以下简称"中国证监会"）《关于同意惠州亿纬锂能 股份有限公司向不特定对象发行可转换公司债券注册的批复》（证监许可〔2024〕1910 号）同意注册，惠州亿纬锂能股份有限公司（以下简称"公司"）于2025年3月24日向 不特定对象发行可转换公司债券50,000,000张，期限6年，每张面值为人民币100元，债 券简称"亿纬转债"，债券代码"123254"。 （二）可转换公司债券转股期限 本次发行的可转债转股期自可转债发行结束之日（2025年3月28日（T+4日））起 满六个月后的第一个交易日起至可转债到期日止，即2025年9月29日至2031年3月24日 止。（如遇法定节假 ...

Group 1 - The core viewpoint of the news is that EVE Energy Co., Ltd. has seen a significant stock price increase, with a 4-day cumulative rise of 8.31%, reaching a price of 76.34 CNY per share and a market capitalization of 156.17 billion CNY [1] - EVE Energy'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] - The revenue composition of EVE Energy is as follows: power batteries account for 45.26%, energy storage batteries 36.56%, consumer batteries 18.03%, and others 0.16% [1] Group 2 - From the perspective of fund holdings, one fund under Great Wall Fund has a significant position in EVE Energy, with the Great Wall Growth Enterprise Index Enhanced Fund A (001879) holding 680,300 shares, which is 2.57% of the fund's net value [2] - The Great Wall Growth Enterprise Index Enhanced Fund A has achieved a year-to-date return of 47.54% and a one-year return of 101.46%, ranking 598 out of 4220 and 546 out of 3814 respectively in its category [2] - The fund manager, Lei Jun, has a tenure of nearly 11 years, with the best fund return during this period being 166.88% [3]

Investment Rating - The report assigns a "Buy" rating for the company, indicating a potential upside of 15% to less than 35% [7][11]. Core Insights - The company's shipment volume is expected to maintain rapid growth, with energy storage and power battery shipments in the first half of 2025 reaching 28.71 GWh and 21.48 GWh, representing year-on-year increases of 37% and 58.6% respectively [7][8]. - The company is positioned to benefit from a peak delivery season for energy storage batteries, currently operating at full production capacity, and is expected to see improved profitability as capacity utilization increases and supportive policies are implemented [7][8]. - The company’s three main segments—consumer batteries, energy storage batteries, and power batteries—are all in an expansion phase, with significant improvements in capacity utilization observed this year [7][8]. Summary by Sections Company Overview - The company operates in the electrical equipment industry, with a current A-share price of RMB 73.81 and a market capitalization of RMB 137.39 billion [3]. - Major shareholder is Tibet Yiwei Holdings Co., Ltd., holding 32.02% of shares [3]. Financial Performance - Expected net profits for 2025, 2026, and 2027 are RMB 44 billion, RMB 67.5 billion, and RMB 89 billion respectively, with year-on-year growth rates of 7.9%, 53.4%, and 32% [8][10]. - Earnings per share (EPS) are projected to be RMB 2.15, RMB 3.3, and RMB 4.35 for the same years [8][10]. Market Position - The company ranks second in market share for commercial vehicle batteries, with the commercial vehicle electrification rate currently at 10%, indicating significant growth potential [7]. - The domestic sales of new energy commercial vehicles increased by 55% year-on-year from January to August, particularly in the heavy-duty truck segment [7]. Future Outlook - The company anticipates a continued increase in overall shipment volume, with expectations of over 30% year-on-year growth in 2026 due to strong demand in both power and energy storage battery segments [8]. - The report highlights a recovery in lithium battery prices and an improvement in profitability as large-scale energy storage projects become more viable [8].

Group 1 - Shenzhen Weiding Juxin Technology Co., Ltd. has successfully assembled and delivered its first high-precision stepper lithography machine, the WS180i series, which targets the growing fields of compound semiconductors and high-end optoelectronic devices [1] - The China Securities Consumer Electronics Theme Index (931494) rose by 1.47% as of September 24, 2025, with notable increases in component stocks such as Changying Precision (300115) up 11.54% and Tongfu Microelectronics (002156) up 10.00% [1] - The Consumer Electronics ETF (561600) increased by 1.18%, reaching a latest price of 1.29 yuan, and has seen a cumulative increase of 6.97% over the past week [1] Group 2 - As of August 29, 2025, the top ten weighted stocks in the China Securities Consumer Electronics Theme Index accounted for 54.8% of the index, including companies like Cambricon (688256) and Luxshare Precision (002475) [2] - The weight and performance of key stocks in the index show varied trends, with Luxshare Precision down 1.66% and SMIC (688981) up 4.79% [4]