Core Viewpoint - The company has signed an investment cooperation agreement to establish a joint venture focused on the recycling of used lithium-ion batteries, indicating a strategic move towards sustainable practices in the battery industry [1] Company Summary - The company will invest 78.8 million RMB in the joint venture, acquiring a 10% stake [1] - The registered capital of the joint venture is set at 788 million RMB [1] Project Details - The joint venture will develop a "green recycling project" for used lithium-ion batteries in Pizhou, Jiangsu Province [1] - The project will be constructed in two phases, with the first phase including: - Battery pack dismantling and crushing capacity of 10,000 tons per year - Processing capacity for ternary black powder of 32,000 tons per year - Treatment capacity for waste catalysts of 1,500 tons per year - Production of ternary precursors at 11,000 tons per year - Production of lithium carbonate at 5,460.5 tons per year [1]

Group 1 - The company announced that its sixth board meeting was held on October 16, 2025, via telecommunication to review the performance assessment indicators for the chairman and senior management for the year 2025 [1] - For the first half of 2025, the company's revenue composition was 98.35% from non-metallic mineral products and 1.65% from specialized equipment manufacturing [1] - As of the report date, the company's market capitalization was 36.4 billion yuan [1]

中信证券股份有限公司 关于北京当升材料科技股份有限公司 投资设立合资公司暨关联交易的核查意见 中信证券股份有限公司（以下称"中信证券"）为北京当升材料科技股份有 限公司（以下称"当升科技"或"公司"）2024 年度向特定对象发行股票的保 荐人和主承销商。根据《证券发行上市保荐业务管理办法》《深圳证券交易所上 市公司自律监管指引第 13 号——保荐业务》《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 2 号——创业板上市公司规范 运作》等法律法规的相关规定，对当升科技本次投资设立合资公司暨关联交易的 事项进行了审慎核查，并出具核查意见如下： 一、投资概述 为顺应全球碳减排趋势，响应电池产品碳足迹管理要求，并符合国内外相关 法规对电池可持续性的规定，北京当升材料科技股份有限公司（以下称"当升科 技"或"公司"）积极开展电池回收领域布局，以进一步构筑安全稳定的供应链 体系，践行绿色发展的企业责任。公司与北京北矿资环科技有限公司、邳州市循 环经济产业园开发建设有限公司、诚通科创投资基金（北京）合伙企业（有限合 伙）（以下称"诚通科创投资基金"）于 2025 年 10 月 16 日签订《投 ...

北京当升材料科技股份有限公司 关于投资设立合资公司暨关联交易的公告 2025 年 10 月 16 日，公司召开了第六届董事会第十七次会议，审议通过了 《关于投资设立合资公司暨关联交易的议案》，关联董事刘全民先生、侯玉柏先 生、梅雪珍女士回避表决。独立董事召开专门会议对关联投资事项进行了审查并 1 证券代码：300073 证券简称：当升科技 公告编号：2025-072 北京当升材料科技股份有限公司 关于投资设立合资公司暨关联交易的公告 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。 一、投资概述 为顺应全球碳减排趋势，响应电池产品碳足迹管理要求，并符合国内外相关 法规对电池可持续性的规定，北京当升材料科技股份有限公司（以下称"当升科 技"或"公司"）积极开展电池回收领域布局，以进一步构筑安全稳定的供应链 体系，践行绿色发展的企业责任。公司与北京北矿资环科技有限公司、邳州市循 环经济产业园开发建设有限公司、诚通科创投资基金（北京）合伙企业（有限合 伙）（以下称"诚通科创投资基金"）于 2025 年 10 月 16 日签订《投资合作协 议》（以下称"投资协议"），拟 ...

北京当升材料科技股份有限公司 第六届董事会第十七次会议决议公告 证券代码：300073 证券简称：当升科技 公告编号：2025-071 为顺应全球碳减排趋势，响应电池产品碳足迹管理要求，并符合国内外相关 法规对电池可持续性的规定，北京当升材料科技股份有限公司（以下称"当升科 技"或"公司"）积极开展电池回收领域布局，以进一步构筑安全稳定的供应链 体系，践行绿色发展的企业责任。公司拟与北京北矿资环科技有限公司、邳州市 循环经济产业园开发建设有限公司、诚通科创投资基金（北京）合伙企业（有限 合伙）签订《投资合作协议》，以共同投资方式在江苏省邳州市设立合资公司北 矿资环科技（江苏）有限公司（具体名称以登记机关核准信息为准），负责废旧 锂离子动力电池绿色循环利用等业务。合资公司注册资本为人民币 78,800 万元， 其中，公司拟以货币方式认缴出资 7,880 万元，持有合资公司 10%股权。本议案 1 北京当升材料科技股份有限公司 第六届董事会第十七次会议决议公告 已经公司独立董事专门会议审议通过，并同意将该议案提交公司董事会审议。 北京当升材料科技股份有限公司 第六届董事会第十七次会议决议公告 本公司及董事会全体成 ...

Group 1 - The core viewpoint of the news highlights the performance of the photovoltaic ETF (159857) and the entrepreneurial board ETF Tianhong (159977), indicating significant growth and investor interest in these funds [3][4]. - As of October 15, the photovoltaic ETF (159857) has seen a weekly increase of 0.49%, with a notable trading volume of 1.79 billion yuan and a net inflow of 6.36 million yuan [3]. - The photovoltaic ETF (159857) has achieved a one-year scale growth of 706 million yuan, reflecting strong market demand [3]. Group 2 - The entrepreneurial board ETF Tianhong (159977) has experienced a scale growth of 797 million yuan over the past three months, with a significant increase in share volume [4]. - The latest net inflow for the entrepreneurial board ETF Tianhong (159977) is 6.19 million yuan, contributing to a total inflow of 302 million yuan over the last 16 trading days [4]. - The photovoltaic ETF (159857) closely tracks the CSI Photovoltaic Industry Index, which includes representative companies across the photovoltaic industry chain [4]. Group 3 - Recent reports indicate that regulatory authorities may soon release a document to strengthen photovoltaic capacity control, aiming to balance supply and demand in the industry [4]. - The National Development and Reform Commission has issued a draft on renewable energy consumption targets, which aligns with global climate change initiatives and aims to enhance green energy consumption [5].

Core Viewpoint - The solid-state battery sector in the A-share market is experiencing a significant surge, driven by advancements in technology and promising applications in electric vehicles and low-altitude economy sectors [1]. Group 1: Market Performance - Jiangte Electric and Fengshan Group reached their daily limit up, while Dongsheng Technology saw an increase of nearly 8% [1]. - Other companies such as Better Ray, Shangtai Technology, and Xingyuan Materials also experienced gains [1]. - The market capitalization and year-to-date performance of key companies in the sector are as follows: - Jiangte Electric: Market Cap 18.3 billion, YTD Gain 44.80% - Fengshan Group: Market Cap 2.857 billion, YTD Gain 91.15% - Dongsheng Technology: Market Cap 37.5 billion, YTD Gain 72.13% - Better Ray: Market Cap 35 billion, YTD Gain 61.11% - Shangtai Technology: Market Cap 21.4 billion, YTD Gain 21.64% [2]. Group 2: Technological Advancements - Chinese scientists have recently made significant progress in solid-state battery technology, overcoming critical challenges in all-solid-state lithium batteries [1]. - The performance of solid-state batteries has seen a leap forward, with the potential to double the range from 500 kilometers to over 1000 kilometers for a 100-kilogram battery [1].

南方财经10月16日电，午后固态电池概念走强，当升科技涨超10%，此前丰山集团涨停，贝特瑞、骄成 超声、星源材质、索通发展、纳科诺尔跟涨。消息面上，近日，我国科学家成功攻克全固态金属锂电池 的"卡脖子"难关，让固态电池性能实现跨越式升级，以前100公斤电池最多支持500公里续航，如今有望 突破1000公里天花板。 ...

Core Viewpoint - The strategic cooperation agreement between Beijing Dangsheng Technology Co., Ltd. and Shandong Boyuan Pharmaceutical Chemical Co., Ltd. aims to accelerate the industrial application and market development of high-performance solid-state electrolytes in the solid-state lithium battery materials sector [3][4]. Group 1: Strategic Cooperation Framework - The agreement establishes a long-term, comprehensive, and stable strategic partnership covering technology development, product supply, market promotion, and equity investment [3]. - Both companies will leverage their respective strengths: Dangsheng's expertise in sulfide electrolyte scale preparation and customer channels, and Boyuan's leading position in high-purity lithium iodide processes and industrialization capabilities [3][4]. Group 2: Product Supply and Supply Chain - A stable supply relationship will be established, with Dangsheng prioritizing procurement of lithium iodide and lithium sulfide from Boyuan under equal market conditions [3][4]. - Boyuan will act as a strategic supplier for Dangsheng, providing high-purity and high-performance lithium iodide and lithium sulfide products [3][4]. Group 3: Market Promotion and Global Reach - The companies will utilize their global market channels and brand influence to promote solid-state battery key materials, aiming for mutual benefits [4]. - They plan to collaborate in exploring equity investment opportunities to deepen resource integration and long-term binding [4]. Group 4: Industry Impact and Future Applications - The collaboration is expected to enhance Dangsheng's product performance and industrialization capabilities in solid-state lithium battery materials, creating a competitive supply chain [4][5]. - It will also facilitate the application of Dangsheng's products in emerging markets such as drones, eVTOLs, and humanoid robots, thereby improving the company's overall competitive advantage [4][5].

Group 1 - The People's Bank of China reported that the cumulative increase in social financing scale for the first three quarters of 2025 reached 30.09 trillion yuan, an increase of 4.42 trillion yuan compared to the same period last year [2] - The broad money (M2) balance at the end of September was 335.38 trillion yuan, with a year-on-year growth of 8.4% [2] - The increase in RMB loans for the first three quarters was 14.75 trillion yuan [2] Group 2 - The European Union is considering forcing Chinese companies to transfer technology to European firms, with China's Foreign Ministry opposing such measures as violations of WTO rules [3] - The National Development and Reform Commission announced plans to build 28 million charging facilities nationwide by the end of 2027, including 40,000 "super fast combined" charging guns in highway service areas [4] Group 3 - The Ministry of Industry and Information Technology met with Apple's CEO Tim Cook to discuss Apple's business development in China and cooperation in the electronic information sector [5] - The State Post Bureau emphasized the importance of the postal and express delivery industry in modern logistics during a recent inspection in Shanghai [6] Group 4 - The National Bureau of Statistics announced the establishment of seven national digital economy innovation development pilot zones, with 158 reform measures focusing on market-oriented data element allocation and deep integration of technology and industry [7] Group 5 - New Kai Lai's subsidiary Qi Yun Fang launched a domestically produced EDA industrial software at the Bay Area Semiconductor Industry Ecological Expo [8] - Wan Li Yan, a subsidiary of New Kai Lai, announced the release of a new generation of ultra-high-speed real-time oscilloscopes at the "2025 Bay Chip Exhibition" [9] Group 6 - Sanhua Intelligent Control announced that recent rumors regarding large robot orders were untrue [10] - Junpu Intelligent announced plans to raise no more than 1.161 billion yuan for smart robot R&D and industrialization projects [11] - Yangyuan Beverage announced a capital increase of 1 billion yuan to private equity fund Quan Hong Investment [11] Group 7 - Chip Origin announced plans to acquire control of Zhudian Semiconductor [12] - Nair announced plans to acquire at least 51% of Feilai Testing [12] Group 8 - Shuo Bei De announced a projected net profit increase of 2837%-3204% for the third quarter [13] - Guanghua Technology reported a 1234% year-on-year increase in net profit for the first three quarters [13] - Haiguang Information announced a third-quarter net profit of 760 million yuan, a 13% year-on-year increase [13] - Zhongke Shuguang reported a 24% year-on-year increase in net profit for the first three quarters [13] - Tailin Micro announced a projected net profit increase of 118% for the first three quarters [13] Group 9 - Dingsheng Technology signed a strategic cooperation framework agreement with Boyuan Co., aiming to collaborate on solid-state lithium battery material technology [14] - Tianpu Co. announced the completion of its suspension for verification and will resume trading on the 16th [15] - *ST Zhengping announced the completion of its suspension verification and will resume trading [15] Group 10 - Demingli announced that its second-largest shareholder plans to reduce holdings by no more than 1.32% [16] - Huizhiwei announced that its second-largest shareholder plans to reduce holdings by no more than 1% [16] - Huada Jiutian reported that its fourth-largest shareholder reduced holdings by 2.7147 million shares from September 15 to October 15 [16] - Western Gold announced that its second-largest shareholder plans to reduce holdings by no more than 18.22 million shares [16] Group 11 - Guoguang Chain reported a third-quarter net loss of 8.41 million yuan, marking a shift to a loss compared to the previous year [17] Group 12 - The three major U.S. stock indices closed mixed, with the Dow down 0.04%, the Nasdaq up 0.66%, and the S&P 500 up 0.4% [18] - The Nasdaq Golden Dragon China Index rose by 1.7%, with most popular Chinese concept stocks increasing [18] Group 13 - Federal Reserve Governor Milan stated that the divergence in policy views among colleagues is more about the pace of interest rate cuts rather than the final target [19] - U.S. Treasury Secretary Bessent emphasized the need for the Federal Reserve to use quantitative easing cautiously and not to reduce its balance sheet or abandon a robust reserve system [20] Group 14 - COMEX gold futures rose by 1.48% to $4224.9 per ounce, while COMEX silver futures increased by 3.76% to $52.525 per ounce, both reaching new closing highs [21]