Group 1: Industry Insights - The overall attention on the computer, media, and non-ferrous metal industries has increased on a week-on-week basis [3][12][17] - In the last week, the total number of research engagements across all A-shares was 833, which is lower than the 1,412 engagements in the same period of 2024 [13] - The monthly total for August was 1,828 engagements, still below the 2,050 engagements recorded in August 2024 [19][22] Group 2: Individual Company Insights - Companies such as Jingsheng Electromechanical and Nandu Energy have received significant market attention, with both being researched twice in the last week [28][4] - Jingsheng Electromechanical has made progress in semiconductor substrate materials and has secured orders from international clients, indicating a strong market position [28] - Nandu Energy focuses on new energy storage applications and data centers, with a significant portion of its products aimed at the North American market, highlighting its international reach [4][28] Group 3: Research Engagement Trends - The computer, media, and non-ferrous metal sectors saw a week-on-week increase in research attention, with specific numbers indicating a rise in engagements [3][17] - In the last month, companies like Yunnan Copper and Ice Wheel Environment were among those with high research engagement, reflecting their growing market interest [30][25] - The report emphasizes the importance of institutional research as a timely and multidimensional source of information for investors, supplementing traditional financial data [10][11]

Core Viewpoint - The news highlights the recent trading performance and financial metrics of Zhejiang Nandu Power Supply Co., Ltd., indicating a decline in revenue and net profit, alongside significant trading activity in its stock. Group 1: Trading Performance - On September 17, Nandu Power's stock rose by 1.17% with a trading volume of 1.922 billion yuan [1] - The financing buy-in amount for Nandu Power on the same day was 213 million yuan, while the financing repayment was 229 million yuan, resulting in a net financing outflow of 15.41 million yuan [1] - As of September 17, the total balance of margin trading for Nandu Power was 1.386 billion yuan [1] Group 2: Financial Metrics - For the first half of 2025, Nandu Power reported a revenue of 3.923 billion yuan, a year-on-year decrease of 31.67% [2] - The net profit attributable to shareholders for the same period was -232 million yuan, reflecting a year-on-year decline of 225.48% [2] Group 3: Shareholder and Dividend Information - Since its A-share listing, Nandu Power has distributed a total of 684 million yuan in dividends, with 56.1 million yuan distributed over the past three years [3] - As of June 30, 2025, the number of shareholders for Nandu Power was 122,400, a decrease of 8.78% from the previous period [2] - The average number of circulating shares per shareholder increased by 9.66% to 6,968 shares [2]

Core Viewpoint - The company, Nandu Power (300068), emphasizes the advantages of its lithium batteries for data centers, specifically highlighting the superiority of iron-lithium technology over ternary technology in terms of safety and cycle life [1] Group 1: Technology Comparison - The company's lithium batteries utilize iron-lithium technology, while competitors like Samsung and LG use ternary technology [1] - Iron-lithium technology is noted to have better safety and cycle life compared to ternary technology [1] Group 2: Certifications and Applications - The company's high-voltage lithium products have received major certifications in the U.S., including UL9540A and UL1973 [1] - These products are widely used in major data center projects across the United States [1]

Core Viewpoint - Nandu Power has signed a strategic cooperation agreement with Yadi to enhance collaboration in solid-state battery technology research and development, product development, and industry chain synergy, aiming to create an innovative solid-state battery ecosystem and accelerate marketization [1] Company Collaboration - The partnership will leverage the strengths of both companies to build an open and innovative solid-state battery industry ecosystem [1] - Both companies will explore diverse cooperation models to establish a comprehensive and multi-level strategic partnership [1]

Core Viewpoint - The company Nandu Power has signed strategic cooperation agreements with TaiLan and Yadi to leverage their respective R&D platforms for joint technology development and commercialization of solid-state battery technology [1] Group 1: Strategic Cooperation - The agreements aim to integrate leading technological research capabilities through collaboration on key projects [1] - The parties will utilize their resource, industry, and production advantages to promote the large-scale application of solid-state batteries in energy storage and consumer sectors [1] Group 2: Technology Innovation - The focus will be on advancing solid-state battery technology innovation, application, and product iteration [1] - The collaboration will involve independent planning, industry-driven initiatives, and resource exchanges to enhance the synergy within the industry chain [1]

Core Viewpoint - Nandu Power's all-solid-state battery utilizes oxide technology to address the "solid-solid interface" challenge, significantly improving the interface contact performance and effectively reducing internal resistance of the battery cells [2] Group 1: Company Developments - The company has developed an all-solid-state battery using oxide electrolyte in-situ film formation assembly technology and dense dry electrode process [2] - The all-solid-state battery business is not expected to have a significant impact on the company's performance in 2025 [2]

Core Viewpoint - Nandu Power has established itself as a leading player in the data center industry, leveraging 30 years of production and technology experience to gain significant market share both domestically and globally [2] Company Overview - Nandu Power is one of the earliest entrants into the data center sector, with a strong reputation among customers due to its extensive experience and technological expertise [2] - The company's data center-related business is a key focus area, with products widely applicable in data centers, intelligent computing centers, and supercomputing centers, providing backup power support [2] Market Position - Nandu Power holds a leading position in market share within the domestic and global data center industry [2] - The company's North American data center terminal clients primarily consist of major internet companies in the United States, although specific client information is confidential [2]

Core Viewpoint - The company, Nandu Power (300068.SZ), emphasizes the advantages of its lithium batteries for data centers, particularly highlighting the safety and cycle life of its iron-lithium technology compared to the ternary technology used by competitors like Samsung and LG [1]. Group 1: Product Technology - The company's lithium battery for data centers utilizes iron-lithium technology, which is noted for its superior safety and cycle life compared to ternary technology [1]. - The high-voltage lithium products have received major certifications in the U.S., including UL9540A and 1973, and are widely used in various data center projects across the U.S. [1]. Group 2: Market Position and Competitiveness - The company is responding to investor inquiries regarding its competitive advantages in the North American data center market, particularly concerning its semi-solid lithium backup power products [3]. - There is a focus on the company's ability to provide solid-state products in light of significant fire incidents in foreign data centers, indicating a potential market demand for safer alternatives [3].

每经AI快讯，有投资者在投资者互动平台提问：请问贵公司全固态电池研发进展是否顺利，何时能够 实现批量生产并且进行商业应用？ 南都电源（300068.SZ）9月17日在投资者互动平台表示，公司目前有全固态、半固态等固态电池相关技 术及产品研发储备。其中，半固态产品已中标2.8GWh新型电力储能项目，主要建设地在深圳和汕尾， 将有效缓解粤港澳大湾区电力供需矛盾，该订单标志着公司固态储能电池技术的商业化应用。20Ah、 30Ah全固态电池目前较匹配的应用场景为低空飞行器、无人机、机器人等，目前已在对接相关公司。 全固态电池产品对2025年度业绩不产生较大影响。 敬请广大投资者注意投资风险，理性决策，审慎投 资。 （记者 王晓波） ...

Core Insights - Company has developed solid-state battery technologies including all-solid-state and semi-solid-state batteries, with a pilot production line for small batch delivery [1] - The impact of solid-state battery products on the company's performance in 2025 is expected to be minimal [1] Company Developments - The company currently has a pilot production line for all-solid-state batteries capable of small batch deliveries [1] - A key research project in Zhejiang province is set to complete acceptance in December 2024, which will establish a pilot demonstration line for solid-state batteries [3] Industry Context - Competitors such as CATL and Guoxuan High-Tech have already established pilot production lines for all-solid-state batteries and have clear mass production plans [3] - The competitive landscape in the solid-state battery industry is becoming increasingly differentiated [3]