证券代码：300068 证券简称：南都电源 公告编号：2026-001 金属合金销售；新能源汽车废旧动力蓄电池回收及梯次利用（不含危险废物经营）； 新材料技术研发；再生资源销售；储能技术服务；人工智能应用软件开发；集中 式快速充电站；工程管理服务；风电场相关系统研发；风电场相关装备销售；太 阳能发电技术服务；光伏发电设备租赁；电池零配件生产；电池零配件销售；发 电技术服务；风力发电技术服务；节能管理服务；电子（气）物理设备及其他电 子设备制造；电气设备修理；新兴能源技术研发；互联网数据服务；供应链管理 服务（除依法须经批准的项目外，凭营业执照依法自主开展经营活动）。许可项 目：建设工程施工；危险化学品经营；发电业务、输电业务、供（配）电业务（依 法须经批准的项目，经相关部门批准后方可开展经营活动，具体经营项目以审批 结果为准）。 特此公告。 浙江南都电源动力股份有限公司 浙江南都电源动力股份有限公司 关于完成工商变更登记并换发营业执照的公告 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。 浙江南都电源动力股份有限公司（以下简称"公司"、"南都电源"）于 202 ...

Group 1 - Zhejiang Nandu Power Supply Co., Ltd. has obtained a patent for "Doped Carbon Coating Modified Lithium Iron Phosphate Cathode Material and Its Preparation Method, Application" with authorization announcement number CN118164457B, applied on April 2024 [1] - Zhejiang Nandu Power Supply Co., Ltd. was established in 1997 and is located in Hangzhou, primarily engaged in the manufacturing of electrical machinery and equipment, with a registered capital of 898.367299 million RMB [1] - The company has invested in 37 enterprises, participated in 1,141 bidding projects, holds 46 trademark registrations, and has 927 patent records, along with 57 administrative licenses [1] Group 2 - Hangzhou Nandu Power Technology Co., Ltd. was established in 2010 and is also located in Hangzhou, focusing on the manufacturing of computers, communications, and other electronic devices, with a registered capital of 900 million RMB [1] - The company has participated in 20 bidding projects, holds 463 patent records, and has 24 administrative licenses [1]

Group 1 - The State Intellectual Property Office of China has granted a patent to Zhejiang Nandu Power Supply Co., Ltd. for a technology related to battery cell groups with splicing-type connecting pieces, with the announcement number CN115693038B and application date of November 2022 [1] - Zhejiang Nandu Power Supply Co., Ltd. was established in 1997 and is located in Hangzhou, primarily engaged in the manufacturing of electrical machinery and equipment, with a registered capital of 8.9836 billion RMB [1] - The company has invested in 37 enterprises, participated in 1,141 bidding projects, holds 46 trademark registrations, and has 927 patents, along with 57 administrative licenses [1] Group 2 - Hangzhou Nandu Power Technology Co., Ltd., established in 2010 and also located in Hangzhou, focuses on the manufacturing of computers, communications, and other electronic devices, with a registered capital of 900 million RMB [1] - The company has participated in 20 bidding projects, holds 463 patents, and has 24 administrative licenses [1]

Core Viewpoint - Nandu Power emphasizes its commitment to prudent and compliant financial reporting, aiming to accurately reflect its financial status through independent audits of its financial statements [1] Financial Performance - The company reported a loss in the fourth quarter, attributed to lower shipments and adjustments related to asset impairment testing, provisions for expected liabilities, and handling of inventory [1] - The management team is implementing measures to optimize management processes, enhance operational efficiency, and strengthen cost control to improve overall performance stability [1]

Group 1 - The core viewpoint of the article is that Nandu Power (300068.SZ) is currently in the process of constructing the Huatuo Phase II project [1]

Core Viewpoint - The company has made significant progress in the development of sodium-ion batteries, indicating readiness for mass production with advanced specifications [1] Group 1: Product Development - The sodium-ion battery developed by the company features a high-stability sodium positive electrode and a high-pressure hard carbon negative electrode [1] - The energy density of the sodium-ion battery is reported to be 140 Wh/kg [1] - The battery has a cycle life of 3000 cycles and supports 5C charge and discharge rates [1] - The battery is designed to operate in extreme cold environments, withstanding temperatures as low as -40°C [1] Group 2: Production Capabilities - The company has established a pilot production line for the sodium-ion battery, indicating readiness for scaling up production [1]

Investment Rating - The report suggests a "Strong Buy" rating for the solar and energy storage sectors, indicating a positive outlook for the industry based on current trends and demand forecasts [2][39]. Core Insights - The report highlights that the domestic solar installation capacity in November 2025 reached 22.02 GW, representing a month-on-month increase of 74.76% but a year-on-year decrease of 11.92% [2][3]. - The export value of solar modules in November 2025 was approximately $2.412 billion, showing a year-on-year growth of 34.08% and a month-on-month increase of 6.84% [2][3]. - The report emphasizes the ongoing demand for energy storage systems, with the average price of lithium iron phosphate battery storage systems in November 2025 ranging from 0.4452 to 0.6828 CNY/Wh, with an average price of 0.5721 CNY/Wh [2][3]. Summary by Sections Production - Solar module production in November 2025 decreased by 2.43% compared to October, while battery production for January 2026 is projected to be 210 GWh, a decrease of 4.55% month-on-month [2][3]. Pricing - As of December 24, 2025, the price of multi-crystalline silicon remained stable at 52.00 CNY/kg, while the average price of 183N monocrystalline silicon wafers increased by 5.93% to 1.25 CNY/piece [2][3]. Domestic Demand - The cumulative newly installed solar capacity from January to November 2025 reached 274.89 GW, reflecting a year-on-year increase of 33.25% [2][3]. Overseas Demand - The report notes that the export value of inverters in November 2025 was $767 million, marking a year-on-year increase of 25.91% and a month-on-month increase of 13.29% [2][3].

（编辑 丛可心） 证券日报网讯 12月29日，南都电源发布公告称，公司第九届董事会第六次会议审议通过《关于向子公 司增资的议案》，同意以自有资金向安徽南都华拓新能源科技有限公司增资50000万元，以增强其资金 实力及竞争力。 ...

格隆汇12月29日丨南都电源(300068.SZ)公布，为满足子公司安徽南都华拓新能源科技有限公司（简 称"华拓新能源"）的日常经营发展需要，进一步增强其资金实力，提高整体经营能力和行业竞争力，保 证其长期稳定发展，公司拟对华拓新能源进行增资。具体如下：以自有资金向华拓新能源增资50,000万 元，认购南都华拓新能源新增注册资本2,380.95万元，其中2,380.95万元计入注册资本，其余47,619.05万 元列入资本公积。南都华拓新能源其余股东界首融城高新技术股权投资基金合伙企业（有限合伙）（简 称"界首融城投资基金"）放弃本次增资的优先认缴出资权。本次增资完成后，公司将持有华拓新能源 83.64%股权，由于剩余少数股东所持16.36%股份系对应附回购条款的股权投资款，增资完成后，公司 实际将拥有南都华拓100%股权。 ...

Group 1 - The company, Nandu Power (SZ 300068), announced a capital increase of 500 million yuan to its subsidiary, Anhui Nandu Huatuo New Energy Technology Co., Ltd., to enhance its operational capabilities and industry competitiveness [1] - The capital increase will consist of 23.8095 million yuan added to the registered capital, with the remaining approximately 476 million yuan allocated to capital reserves [1] - Other shareholders of Nandu Huatuo have waived their preemptive rights for this capital increase [1] Group 2 - For the first half of 2025, Nandu Power's revenue composition is as follows: 48.18% from communication and data center energy storage, 27.68% from the resource recycling industry, and 24.14% from power storage [1] - As of the report date, Nandu Power's market capitalization stands at 14.2 billion yuan [1]