Market Performance - The A-share market experienced a significant increase, with the Shanghai Composite Index recovering above 4000 points, closing at 4011.45, up 1.07% [1] - The Shenzhen Component Index rose by 1.87% to 13777.32, while the ChiNext Index increased by 2.15% to 3272.07 [1] - The total trading volume in the Shanghai and Shenzhen markets reached 16357.79 billion, with over 4000 stocks rising [1] Sector Highlights - The insurance sector led the market, with stocks like New China Life Insurance rising over 8%, reaching a historical high [3] - The insurance industry reported a total premium income of 57629 billion for the first 11 months of 2025, a year-on-year increase of 7.6% [3] - The semiconductor sector saw a collective surge, with stocks like Jiangbolong rising over 14% due to a worsening DRAM supply shortage, with contract prices expected to rise by up to 50% in Q1 2026 [3] - The innovative drug sector was active, with stocks like Guanhao Bio hitting the daily limit, supported by the approval of 76 innovative drugs in 2025, a historical high [3] Analyst Insights - CITIC Securities highlighted that balancing external and internal demand will be a major expectation for 2026, suggesting a trend towards taxing external demand and subsidizing internal demand [4] - Huatai Securities noted that overseas Chinese stocks' performance positively impacts investor sentiment, although geopolitical issues may create short-term volatility [4] - CITIC Jiantou indicated that post-holiday, investor risk aversion is easing, leading to a more active search for opportunities, with a high probability of continued upward trends in A-shares [4]

每经AI快讯，1月5日，脑机接口概念盘中持续扩大涨幅，博拓生物、航天长峰（600855）封涨停，此 前倍益康、三博脑科（301293）、翔宇医疗、伟思医疗、诚益通（300430）等近20股涨停，冠昊生物 （300238）、狄耐克（300884）、中科信息（300678）、汉威科技（300007）、道氏技术（300409）等 多股涨超10%。 ...

展望后市，国金证券指出，重点看好"太空光伏"作为未来一段时间、乃至贯穿2026年的最强电新主 线之一！太空光伏底层投资逻辑坚实而紧迫：1）唯一性：光伏是当前及可见未来所有航天器长期在轨 运行唯一可行、可靠的供电解决方案，技术路径无可替代；2）紧迫性：国际电信联盟（ITU）确立的 近地轨道与频谱资源"先占先得"规则，使得卫星发射数量与部署速度直接关乎国家空间战略优势与商业 主动权，驱动卫星市场对高性价比、轻量化空间太阳能系统的迫切需求。 2026年1月5日，A股三大指数高开，创业板新能源ETF华夏（159368）盘初拉升，最大涨幅为 1.24。盘面上，道氏技术上涨10.45%，罗博特科上涨10.02%，英搏尔上涨4.27%，新强联上涨3.75%。 截至发文，创业板新能源ETF华夏（159368）成交额达2077万元，居同类基金首位。 创业板新能源ETF华夏（159368）是全市场跟踪创业板新能源指数的规模最大ETF基金。创业板新 能源指数主要涵盖新能源和新能源汽车产业，涉及电池、光伏等多个细分领域。创业板新能源ETF华夏 （159368）高弹性，涨幅可达20cm；费率最低，管理费和托管费合计仅为0.2%；规模最 ...

Investment Rating - The report maintains an "Overweight" rating for the silicon-based anode industry, highlighting the breakthrough in CVD technology and the increasing mainstream adoption of silicon-carbon anodes [1]. Core Insights - Silicon-based anodes are identified as the next-generation anode material for lithium batteries, addressing the performance limitations of traditional graphite anodes, which are nearing their performance limits [4][19]. - The demand for silicon-based anodes is expected to accelerate with the promotion of new battery technologies, particularly in the electric vehicle sector, where consumer expectations for range and fast charging are rising [4][30]. - The industrialization of silicon-based anodes is approaching a critical turning point, driven by advancements in CVD technology, which enhances performance metrics such as capacity and cycle life [4][44]. Summary by Sections 1. Silicon-based Anodes as a New Direction - Lithium battery anode materials are categorized into carbon-based and non-carbon-based materials, with silicon-based anodes emerging as a key focus due to their high theoretical capacity and fast charging capabilities [18][21]. - The theoretical capacity of silicon-based materials is significantly higher than that of traditional graphite, reaching up to 4200 mAh/g, which is over ten times that of graphite [22][25]. 2. New Battery Promotion Accelerating Demand - The application of silicon-based anodes is expanding into the power battery sector, with major automotive manufacturers like Tesla and BYD integrating these materials into new models [29][30]. - The compatibility of silicon-based anodes with solid-state batteries is highlighted, as they are expected to meet the high energy density requirements of next-generation batteries [32][33]. 3. Approaching Industrialization Turning Point - CVD technology is recognized as a breakthrough in the production of silicon-carbon anodes, effectively addressing issues such as volume expansion and enhancing overall stability [44][45]. - Over 30 companies are competing in the silicon-based anode market, with leading firms like BETTERRY and PULITECH making significant advancements in CVD technology [46][47]. 4. Beneficiaries in the Silicon-based Anode Supply Chain - The report outlines the key players in the silicon-based anode supply chain, emphasizing the importance of companies that can leverage CVD technology and lead in production capabilities [48].

Group 1 - The core viewpoint of the news is the performance and financial status of Daoshi Technology, which has seen a slight decline in stock price and has a significant market capitalization [1] - Daoshi Technology, established on September 21, 2007, and listed on December 3, 2014, specializes in the production and sale of building ceramic glaze materials, along with providing related technical services and product design [1] - The company's revenue composition includes 47.44% from other sources, 34.70% from lithium battery materials, 9.00% from carbon materials, and 8.85% from ceramic materials [1] Group 2 - Zhongyou Fund has a significant holding in Daoshi Technology, with its Absolute Return Strategy Fund holding 50,000 shares, unchanged from the previous period, representing 2.65% of the fund's net value [2] - The fund has a total scale of 47.85 million, with a year-to-date return of 10.68%, ranking 5790 out of 8159 in its category [2] - The fund manager, Yao Yi, has a tenure of 3 years and 94 days, with the best return during this period being 15.3% [3]

Group 1 - The company, Daos Technology, announced that it will hold its first extraordinary general meeting of shareholders on January 15, 2026 [1] - The agenda for the meeting includes a proposal to change the use of part of the raised funds [1]

国联民生证券承销保荐有限公司 关于广东道氏技术股份有限公司 变更部分募集资金用途的核查意见 国联民生证券承销保荐有限公司（以下简称"国联民生承销保荐"、"保荐 人"）作为广东道氏技术股份有限公司（以下简称"道氏技术"、"上市公司"、 "公司"）的保荐人，根据《证券发行上市保荐业务管理办法》《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 13 号—— 保荐业务》《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》等有关法律、法规和规范性文件的规定，对公司变更部分募集资金用 途事项进行了审慎核查，并发表如下核查意见： 一、变更募集资金投资项目的概述 截至2025年11月30日，公司向不特定对象发行可转换公司债券募集资金的 使用情况如下： 单位：万元 | 序号 | | 募集资金投资项目 | | | 募集资金余 | | --- | --- | --- | --- | --- | --- | | | | | 募集资金承 | 已使用募集 | 额（包含利 | | | | | 诺投资总额 | 资金金额 | 息收入及理 | | | | | | | 财收益） | | 1 | ...

证券代码：300409 证券简称：道氏技术 公告编号：2025-118 广东道氏技术股份有限公司 关于变更部分募集资金用途的公告 （二）募集资金投资项目情况 截至2025年11月30日，公司向不特定对象发行可转换公司债券募集资金的 使用情况如下： （单位：万元） | 序 | | 募集资金承 | 已使用募集 | 募集资金余额（ | | --- | --- | --- | --- | --- | | | 募集资金投资项目 | | | 包含利息收入及 | | 号 | | 诺投资总额 | 资金金额 | | | | | | | 理财收益） | 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。 广东道氏技术股份有限公司（以下简称"道氏技术"或"公司"）于2025年12 月30日召开了第六届董事会2025年第15次会议，审议通过了《关于变更部分募 集资金用途的议案》，同意公司结合政策和市场环境变化、整体经营布局调整 等实际情况，变更部分向不特定对象发行可转换公司债券募集资金用途。该议 案不涉及关联交易，尚需提交公司股东会审议。现将具体情况公告如下： 一、变更募集资金投资项目的 ...

Core Viewpoint - Daoshi Technology (300409.SZ) announced a strategic reallocation of funds from its ternary precursor project and recycling research institute project to a new copper smelting project in the Democratic Republic of Congo [1] Group 1: Financial Overview - As of November 30, 2025, the ternary precursor project has accumulated an investment of RMB 326.77 million, with an uninvested amount of RMB 1.13 billion, including interest income and investment returns [1] - The recycling research institute project has an uninvested amount of RMB 104.03 million, also including interest income and investment returns [1] Group 2: Strategic Fund Reallocation - The company plans to transfer RMB 1 billion from the uninvested funds of the ternary precursor project and RMB 104.03 million from the recycling research institute project to the "30kt cathode copper hydrometallurgy plant project" in the Democratic Republic of Congo [1]

证券代码：300409 证券简称：道氏技术 公告编号：2025-119 广东道氏技术股份有限公司 关于召开2026年第一次临时股东会的通知 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。 根据《中华人民共和国公司法》和《公司章程》的有关规定，经广东道氏 技术股份有限公司（以下简称"公司"）第六届董事会 2025 年第 15 次会议审议 通过，公司决定于 2026 年 1 月 15 日召开 2026 年第一次临时股东会，现将会 议有关事项通知如下： （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间 为 2026 年 01 月 15 日 9:15-9:25，9:30-11:30，13:00-15:00；通过深圳证券交易 所互联网投票系统投票的具体时间为 2026 年 01 月 15 日 9:15 至 15:00 的任意 时间。 5、会议的召开方式：现场表决与网络投票相结合。 6、会议的股权登记日：2026 年 01 月 09 日 7、出席对象： （1）截至 2026 年 1 月 9 日下午深圳证券交易所收市时，在中国证券登记 结算有限公司深圳分公司 ...