Group 1 - The core index of the China Securities Battery Theme Index (CS Battery, 931719) rose by 0.59% to 2633.73 points, with a trading volume of 34.447 billion yuan on August 8 [1] - The CS Battery Index has increased by 4.76% over the past month, 9.09% over the past three months, and 3.79% year-to-date [1] - The index includes companies involved in power batteries, energy storage batteries, consumer electronics batteries, and related upstream and downstream industries [1] Group 2 - The top ten weighted companies in the CS Battery Index are: Sunshine Power (12.06%), CATL (9.81%), Sanhua Intelligent Control (6.26%), Yiwei Lithium Energy (5.61%), Greeenme (3.49%), Guoxuan High-Tech (3.27%), Xinwanda (3.25%), Lead Intelligent (2.94%), Tianci Materials (2.65%), and Yinlun (2.59%) [1] - The market segments of the CS Battery Index holdings show that 80.19% are from the Shenzhen Stock Exchange, 19.04% from the Shanghai Stock Exchange, and 0.77% from the Beijing Stock Exchange [1] Group 3 - The industry composition of the CS Battery Index holdings indicates that 85.29% is in the industrial sector, 12.14% in consumer discretionary, 1.54% in materials, and 1.02% in utilities [2] - The index samples are adjusted every six months, with adjustments implemented on the next trading day after the second Friday of June and December [2] - Public funds tracking the CS Battery Index include: Southern CSI Battery Theme Index C, Fortune CSI Battery Theme Connection C, Great Wall CSI Battery Theme C, and several ETFs [2]

Core Insights - The article highlights the upcoming 2025 High-tech Lithium Battery Annual Conference, which will take place from November 18-20, 2025, in Shenzhen, China, celebrating its 15th anniversary and featuring the High-tech Golden Ball Awards [2][3]. Industry Overview - In the first half of 2025, China's new energy vehicle sales reached approximately 567.4 million units, marking a year-on-year increase of 33%. The installed capacity of power batteries was about 288.1 GWh, reflecting a year-on-year growth of 44% [3]. - Among battery shapes, cylindrical power batteries exhibited the highest growth rate, with a year-on-year increase of 51%, reaching an installed capacity of 6.2 GWh [4]. Market Developments - In the first half of 2025, six new models adopted cylindrical batteries, including Wuling Hongguang REEV and Lingbao BOX, with battery supply from companies like Dofluorid and Zhongbi New Energy [6]. - EVE Energy reported that the yield of its large cylindrical batteries improved from over 80% at the beginning of 2023 to 97%, addressing challenges in welding and metal debris control [6][7]. Company Highlights - EVE Energy is constructing a new factory in Hungary, planning three production lines for large cylindrical batteries, with mass production expected by the end of 2025. The company has also established a partnership with BMW Group to supply large cylindrical batteries for its new generation models, set for mass production in 2026 [7][8]. - Dofluorid's large cylindrical battery shipments reached 8.8 million units in July, a year-on-year increase of 45%, with expectations to exceed 9.5 million units in August [8][9]. - By October 2025, Dofluorid's large cylindrical battery production capacity is projected to increase from 14 GWh to 22 GWh, covering a full range of specifications [9]. Competitive Landscape - LG Energy Solution (LGES) is a key supplier of cylindrical batteries for Tesla's Model Y and Model 3, with a year-on-year increase in installed capacity of 51.4%. However, Tesla's sales in the Chinese market declined by approximately 5.4% year-on-year in the first half of 2025 [9].

Group 1 - The China Securities New Energy Index increased by 0.83%, with significant gains from component stocks such as Sunshine Power (+7.27%) and China Minmetals Resources (+4.24%) [1] - The New Energy ETF (159875) saw a trading volume of 16.47 million yuan, with a turnover rate of 1.83% [1] - Over the past month, the New Energy ETF's average daily trading volume was 39.61 million yuan, indicating strong market interest [1] Group 2 - The New Energy ETF's net asset value increased by 2.22% over the past six months, with a maximum monthly return of 25.07% since inception [1] - The top ten weighted stocks in the China Securities New Energy Index account for 43.41% of the index, with notable companies including CATL and Longi Green Energy [2] - A strategic partnership between Green Energy Wisdom Digital Energy Technology Co., Ltd. and Xinjiang Commerce Logistics Group aims to enhance logistics and emergency drone fleet bases in key regions, accelerating the construction of wind and solar projects in Xinjiang [2]

Core Viewpoint - The economic competition between Guangdong and Jiangsu is intensifying, with Huizhou emerging as a potential key player for Guangdong's future growth, aiming to become the province's fifth trillion-yuan city within five years [2][3][17]. Group 1: Economic Growth and Performance - Huizhou has shown remarkable economic growth, achieving a nominal GDP growth rate of 10%, the only city in Guangdong to reach double-digit growth [5][7]. - In the first half of 2025, Huizhou's GDP reached 2910.06 billion yuan, with a significant increase from 2645.3 billion yuan in the previous year [8]. - The industrial sector in Huizhou is a major contributor to its economic performance, with a 11.2% growth in industrial output value, surpassing both provincial (4.0%) and national (6.4%) averages [10][9]. Group 2: Industrial and Sectoral Contributions - The growth in Huizhou's economy is driven by rapid industrial growth, particularly in the electronic industry (15.7%), life and health manufacturing (13.6%), and petrochemical energy new materials (5.4%) [10][11]. - Huizhou has established itself as a significant electronic information industry base, ranking third in the province, with notable companies like TCL Technology and Yiwei Lithium Energy contributing to its industrial landscape [12][11]. Group 3: Population and Market Potential - Huizhou's actual management population is close to 1 million, significantly higher than its registered population of 611.68 million, indicating a robust market potential [15][16]. - The city has seen a net increase of 135,000 in its resident population over the past decade, with a strong influx of new market entities and talent [15][16]. Group 4: Challenges and Real Estate Market - Despite its growth, Huizhou faces challenges in fixed asset investment, which has decreased by 17.9%, particularly in real estate, where new housing sales have dropped significantly [14]. - The imbalance in supply and demand in the real estate market has led to a notable decline in property prices, necessitating a reevaluation of development strategies [14].

Core Viewpoint - The collaboration between Jinko Energy and EVE Energy marks a significant step in the energy storage industry, with the launch of a dedicated battery cell factory that will produce 5GWh/year of energy storage cells, enhancing the vertical integration of the supply chain [2][12]. Group 1: Jinko Energy's Recent Developments - Jinko Energy has successfully launched the Blue Whale SunTera G3 6.25MWh battery storage system, featuring over 10,000 cycles and 95% efficiency, designed for commercial and large-scale storage systems [4]. - The company secured a major order from Southern Power Grid for a 25MWh Dolphin SunGiga G2 261kWh liquid-cooled storage system [4]. - Jinko Energy signed a strategic cooperation agreement for 100MWh with multiple partners in Sichuan, and another contract for 17.74MWh with Shandong Binyang Power Supply Co., Ltd [4]. Group 2: International Expansion - Jinko Energy has made significant strides internationally, including a 10MWh project in India and the successful delivery of five commercial storage systems in Spain [8]. - The company has also completed a 4.8MWh battery storage system in Nigeria and a 6.88MWh system in Saudi Arabia [9]. - In June, Jinko Energy signed contracts for 150MWh in Germany, 66MWh in the Middle East, and 100MWh in Greece, showcasing its growing global footprint [10][11]. Group 3: EVE Energy's Strategic Moves - EVE Energy has seen substantial growth in its energy storage projects, with a total of 26GWh in EPC projects in the first four months of the year, indicating a global increase in energy storage installations by over 50% [13]. - The company is focusing on upgrading its large-scale energy storage products, with the launch of the fourth-generation Mr. Big series 600Ah+ cells [13][18]. - EVE Energy's energy storage battery shipments reached 35.73GWh in the first three quarters of 2024, a year-on-year increase of 115.57%, reflecting the success of its strategic pivot towards energy storage [16].

Core Insights - The article highlights the launch of the new PLUTO liquid-cooled energy storage solution by New Ai Electric, emphasizing its versatility and efficiency in commercial and industrial applications [3][4] - There is a growing trend in the energy storage industry towards larger capacity storage cabinets, with over 22 companies introducing systems with capacities exceeding 500kWh [6][7] Group 1: New Product Launches - New Ai Electric has introduced the PLUTO liquid-cooled series, specifically the PLU-270k-562 storage solution, which allows for flexible configurations and applications [3][4] - The PLU-270k-562 system features a modular design that supports various capacities (261/281kWh for single cabinets and 522/562kWh for combined setups), enhancing installation efficiency by 50% and reducing footprint by 30% [4][6] Group 2: Industry Trends - The shift towards larger capacity energy storage systems is evident, with more than 60% of companies offering products in the 500kWh to 522kWh range, and over 80% utilizing 314Ah battery cells [6][7] - Companies like Sungrow Power, EVE Energy, and others have launched systems with capacities around 835kWh to 840kWh, indicating a significant move towards higher capacity solutions for industrial applications [6][8] Group 3: Product Specifications - The article provides a detailed comparison of various energy storage systems, listing capacities and specifications from different companies, such as Sungrow Power's 836kWh system and EVE Energy's 836kWh modular cabinet [8] - New Ai Electric's PLUTO series is designed to meet diverse customer needs, allowing for customizable configurations based on performance and cost requirements [4][6]

Core Viewpoint - The eVTOL (electric Vertical Take-Off and Landing) industry is on the brink of commercial explosion, driven by significant order inflows and accelerated airworthiness certification processes, with a projected demand for lithium batteries reaching 30GWh by 2030, indicating a new growth avenue for the lithium battery sector [2][4][8][15]. Group 1: eVTOL Orders and Market Dynamics - In July, significant orders were secured by eVTOL companies, with a total value of $2.75 billion, including a $1 billion deal for 350 E20 eVTOLs and a $1.75 billion order for 500 VE25-100 eVTOLs [2][3]. - As of 2025, eVTOL companies have reported over 1,500 intent orders, reflecting a robust market interest and potential for growth [2]. Group 2: Supply Chain and Cost Advantages - The rapid order growth is attributed to the maturity of the domestic supply chain in China, which offers cost advantages of 30%-50% lower than Western counterparts, and a significantly reduced manufacturing cost [5]. - eVTOL is expected to share 80% of its supply chain with the electric vehicle industry, allowing for the transfer of technology and experience, thus reducing development costs and time [5]. Group 3: Battery Technology and Requirements - The battery constitutes 20%-40% of the eVTOL's overall cost, and as the market scales, the demand for battery replacements will create a stable growth opportunity [8]. - eVTOL requires batteries that balance energy density, power density, and safety, with a target energy density of over 350Wh/kg for effective urban commuting [9][10]. Group 4: Solid-State Battery Development - Solid-state batteries are emerging as a key solution for eVTOL, offering high energy density and safety features that align with the industry's needs [12]. - Leading battery manufacturers are actively developing solid-state batteries, with companies like CATL and Aulton already making significant advancements in this area [13][14]. Group 5: Future Outlook - The commercial wave of eVTOL is becoming evident, with dense orders and accelerated certification processes pushing the industry from concept to reality [15]. - The collaboration between battery technology advancements and the eVTOL market is expected to deepen, paving the way for integration into urban transportation systems [15].

Core Viewpoint - The performance of the ChiNext New Energy ETF (159368) has shown positive trends, with a recent increase in both short-term and long-term metrics, indicating strong investor interest and market resilience [3][4]. Group 1: ETF Performance - As of August 6, 2025, the ChiNext New Energy Index (399266) rose by 0.99%, with constituent stocks such as Zhenyu Technology and Fulin Precision rising by 4.02% and 3.74% respectively [3]. - The ChiNext New Energy ETF has achieved a cumulative increase of 4.98% over the past month, with a current price of 1 yuan [3]. - The ETF recorded a turnover rate of 0.85% during the trading session, with a transaction volume of 540,200 yuan, and an average daily transaction volume of 3.92 million yuan over the past year [3]. Group 2: Return and Risk Metrics - Since its inception, the ChiNext New Energy ETF has achieved a maximum monthly return of 7.74%, with the longest consecutive monthly gain being 3 months and a maximum gain of 10.15% [3]. - The ETF has a monthly profit percentage of 75.00% and a monthly profit probability of 65.39%, with a historical three-month holding profit probability of 62.16% [3]. - The relative drawdown since inception is 0.11%, with a recovery period of 106 days [3]. Group 3: Fee Structure and Tracking Accuracy - The management fee for the ChiNext New Energy ETF is 0.15%, and the custody fee is 0.05%, which are among the lowest in comparable funds [4]. - As of August 5, 2025, the ETF has a tracking error of 0.008% over the past month, indicating the highest tracking accuracy among comparable funds [4].

Core Points - The article discusses the performance of the Chuangye 50 ETF (159682) as of August 6, noting a slight increase of 0.29% to a price of 1.029 yuan with a trading volume of 39.1057 million yuan [1] - The major holdings of the Chuangye 50 ETF include companies like Ningde Times, Dongfang Wealth, and Huichuan Technology, with varying performance among these stocks [1] - The fund's performance benchmark is the return rate of the ChiNext 50 Index, managed by Invesco Great Wall Fund Management Co., with a return of 2.60% since its inception on December 23, 2022, and a return of 9.00% over the past month [1] Company Performance - Ningde Times experienced a slight decline of 0.08%, while Dongfang Wealth fell by 0.21% [1] - Huichuan Technology saw an increase of 2.50%, and other notable gainers included Xinyisheng with a rise of 1.61% and Yangguang Electric with an increase of 1.01% [1] - The overall performance of the ETF reflects mixed results among its top holdings, indicating varying market conditions for these companies [1]

Core Viewpoint - The article emphasizes the importance of the 2025 lithium battery research and interview activities, focusing on identifying quality battery brands and products in the energy storage sector [2][4]. Group 1: Research Activities - The 2025 lithium battery research and interview activities will take place from August 4 to August 22, 2025, covering regions such as Shenzhen, Dongguan, and Huizhou, with visits to major companies like BYD, Gotion High-tech, and EVE Energy [7]. - The research process includes factory visits, executive introductions, and discussions on industry trends and collaboration opportunities [6][5]. Group 2: Sponsorship Opportunities - Sponsorship options are available for the research activities, including full participation for over 20 sponsors and advertising placements in the WeChat account for a monthly fee of 10,000 [8]. - Sponsors will receive benefits such as a simplified version of the 2025 Global Lithium Battery White Paper and promotional opportunities during the research activities [8]. Group 3: Previous Research Reviews - The article mentions past research visits to key players in the lithium battery industry, including BYD, CATL, and EVE Energy, highlighting the ongoing engagement with leading companies [10][11].