证券日报网讯赢合科技（300457）11月24日在互动平台回答投资者提问时表示，公司长期深耕锂电装备 制造领域，产品广泛应用于动力、储能及消费类电池等多个领域。公司核心设备性能领先，赋能国内外 头部客户电池生产，提升生产效率和产品一致性。并且，公司积极与客户联合研发，交付设备助力客户 新工艺验证，持续推进电池制造工艺与装备协同创新。 ...

Investment Rating - The report recommends focusing on solid-state battery equipment suppliers such as **XianDao Intelligent**, **LianYing Laser**, and **HangKe Technology**. It also suggests paying attention to companies involved in dry/wet electrode equipment and dry electrode & module PACK [2][8]. Core Insights - The front-end manufacturing process is crucial in lithium battery production, directly impacting battery performance and production line stability. The process includes the formation of positive and negative electrode sheets and solid electrolyte membranes, which are essential for energy density, rate performance, and cycle life [2][5][7]. - Solid-state batteries require the preparation of solid electrolyte membranes in addition to traditional electrode sheets, increasing the complexity and criticality of the manufacturing process [7][15]. - The solid-state battery front-end manufacturing process can be divided into dry and wet methods, with dry methods gradually becoming the mainstream due to their cost, process, and material compatibility advantages [2][12][15]. - Various dry film formation technologies exist, including fiberization, dry spray deposition, gas phase deposition, thermal extrusion, direct pressing, and 3D printing, each suitable for different applications [2][40]. Summary by Sections 1. Key Manufacturing Processes - The preparation of electrode sheets and electrolyte membranes is critical, directly influencing battery performance and mass production outcomes [5][11]. - The film formation process can be categorized into dry and wet methods, with dry methods being the future of high-performance solid-state batteries [11][12]. - Dry film formation paths are diverse, with fiberization seen as a promising route for future mass production [11][18]. 2. Market Potential - The market for front-end solid-state battery equipment is expected to reach **8 billion yuan** by 2029, driven by the anticipated increase in global solid-state battery capacity from **17 GWh** in 2024 to **200 GWh** in 2029 [8][9]. 3. Dry vs. Wet Process Advantages - Dry processes eliminate solvent use and drying steps, leading to lower energy consumption and manufacturing costs, while enhancing material utilization and environmental friendliness [15][18]. - Dry processes exhibit superior structural stability, allowing for higher packing densities and energy densities compared to wet processes [18][34]. 4. Solid Electrolyte Materials - Solid electrolyte materials are categorized into oxides, sulfides, polymers, and halides, with sulfides currently being the mainstream technology due to their high conductivity and processing performance [21][22]. 5. Future Developments - The evolution of solid-state batteries will involve the introduction of high-performance anodes and cathodes, with dry processes increasingly demonstrating compatibility advantages [26][30].

Market Overview - On November 21, the Shanghai State-Owned Enterprise Reform sector fell by 2.97% compared to the previous trading day, with Tibet City Investment leading the decline [1] - The Shanghai Composite Index closed at 3834.89, down 2.45%, while the Shenzhen Component Index closed at 12538.07, down 3.41% [1] Stock Performance - Shanghai Mechanical and Electrical (600835) saw a closing price of 28.29, with an increase of 4.89% and a trading volume of 427,300 shares, amounting to a transaction value of 1.207 billion [1] - Tibet City Investment (600773) experienced a significant drop of 10.02%, closing at 12.93, with a trading volume of 473,100 shares [2] - Hydrogen Alkali Chemical (600618) and Data Port (603881) also faced declines of 9.53% and 7.83%, respectively [2] Capital Flow - The Shanghai State-Owned Enterprise Reform sector saw a net outflow of 2.59 billion yuan from institutional investors, while retail investors had a net inflow of 2.12 billion yuan [2] - The main capital flow data indicates that Shanghai Mechanical and Electrical had a net inflow of 1.20 billion yuan from institutional investors, while retail investors had a net outflow of 43.99 million yuan [3]

11月21日，赢合科技跌5.04%，截至发稿，报26.92元/股，成交2.77亿元，换手率1.59%，总市值174.74 亿元。 资料显示，深圳市赢合科技股份有限公司位于广东省深圳市南山区前海深港合作区前海大道前海嘉里中 心T2-2501，成立日期2006年6月26日，上市日期2015年5月14日，公司主营业务涉及锂电池专用生产设 备的研发、设计、制造、销售与服务。主营业务收入构成为：锂电池专用生产设备65.66%，其他(补 充)34.34%。 从基金十大重仓股角度 富荣福鑫混合A（004794）基金经理为姜帆、王梓。 截至发稿，姜帆累计任职时间1年154天，现任基金资产总规模1835.24万元，任职期间最佳基金回报 56.08%， 任职期间最差基金回报8.86%。 王梓累计任职时间57天，现任基金资产总规模129.11万元，任职期间最佳基金回报10.84%， 任职期间 最差基金回报10.82%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 数据显 ...

11月20日，赢合科技（维权）涨1.14%，成交额5.06亿元。两融数据显示，当日赢合科技获融资买入额 8947.23万元，融资偿还5549.02万元，融资净买入3398.21万元。截至11月20日，赢合科技融资融券余额 合计12.93亿元。 融资方面，赢合科技当日融资买入8947.23万元。当前融资余额12.89亿元，占流通市值的7.03%，融资 余额超过近一年80%分位水平，处于高位。 融券方面，赢合科技11月20日融券偿还2400.00股，融券卖出2700.00股，按当日收盘价计算，卖出金额 7.65万元；融券余量12.55万股，融券余额355.79万元，超过近一年80%分位水平，处于高位。 资料显示，深圳市赢合科技股份有限公司位于广东省深圳市南山区前海深港合作区前海大道前海嘉里中 心T2-2501，成立日期2006年6月26日，上市日期2015年5月14日，公司主营业务涉及锂电池专用生产设 备的研发、设计、制造、销售与服务。主营业务收入构成为：锂电池专用生产设备65.66%，其他(补 充)34.34%。 机构持仓方面，截止2025年9月30日，赢合科技十大流通股东中，香港中央结算有限公司位居第三大流 ...

（文章来源：证券日报） 证券日报网讯 11月19日晚间，赢合科技发布公告称，公司董事会同意聘任杨仝焕先生、倪磊先生为公 司副总裁。 ...

每经AI快讯，赢合科技（SZ 300457，收盘价：28.03元）11月19日晚间发布公告称，公司第五届第二十 四次董事会会议于2025年11月19日以通讯表决方式召开。会议审议了《关于聘任高级管理人员的议案》 等文件。 截至发稿，赢合科技市值为182亿元。 每经头条（nbdtoutiao）——炒股亏了保险兜底，月收益高达100%？"安我股保"宣称推出全网首款炒股 保险，两大机构连忙撇清关系 （记者 曾健辉） 2025年1至6月份，赢合科技的营业收入构成为：专用设备制造占比100.0%。 ...

证券代码：300457 证券简称：赢合科技 公告编号：2025-078 深圳市赢合科技股份有限公司 关于聘任高级管理人员的公告 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、误导性陈述或者重大遗漏。 根据《公司法》《公司章程》等相关规定，经公司总裁提名，并经公司董事 会提名委员会任职资格审查，公司于 2025 年 11 月 19 日召开第五届董事会第二 十四次会议，审议通过了《关于聘任高级管理人员的议案》，公司董事会同意聘 任杨仝焕先生、倪磊先生为公司副总裁，任期自本次董事会审议通过之日起至第 五届董事会任期届满之日止。 通过对杨仝焕先生、倪磊先生个人履历和工作业绩等情况的审查，未发现其 有《公司法》第 178 条规定的情况，未发现其被中国证监会确定为市场禁入者， 杨仝焕先生、倪磊先生均具备担任公司高级管理人员的资格，均符合担任公司高 级管理人员的任职要求。 杨仝焕先生、倪磊先生的简历详见附件。 特此公告。 倪磊，男，汉族，中国国籍，无境外永久居留权，1987 年出生，本科学历。 曾任上海电气集团上海电机厂有限公司总经理工作部副部长兼办公室副主任、人 力资源部部长，上海电气集团股份 ...

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、董事会会议召开情况 深圳市赢合科技股份有限公司（以下简称"公司"）第五届董事会第二十四 次会议于 2025 年 11 月 19 日以通讯表决方式召开。会议通知已于 2025 年 11 月 17 日以电子邮件方式送达全体董事和高级管理人员。全体董事签署了关于同意 豁免第五届董事会第二十四次会议通知时间的意见。本次会议应出席董事 9 名， 实际出席董事 9 名，公司高级管理人员列席了本次会议。全体董事知悉本次会议 的审议事项，并充分表达意见。会议由董事长贾廷纲先生召集和主持，会议的召 集、召开和表决程序符合《公司法》及《公司章程》的有关规定，合法有效。 二、董事会会议审议情况 证券代码：300457 证券简称：赢合科技 公告编号：2025-077 深圳市赢合科技股份有限公司 第五届董事会第二十四次会议决议的公告 表决结果：同意 9 票，反对 0 票，弃权 0 票。 本议案已经公司董事会提名委员会审议通过。 特此公告。 深圳市赢合科技股份有限公司 董事会 二〇二五年十一月十九日 1 经与会董事认真审议，通过了以下决 ...

Core Insights - The 10th International Summit on Power Battery Applications (CBIS2025) will be held in Shanghai on November 16-17, 2025, focusing on the theme of "New Era of Global Supply Chain Regionalization" [1] - Shenzhen Yinghe Technology Co., Ltd. is actively participating in the summit, with its president delivering a keynote speech on the role of equipment companies in the new ecosystem of the global renewable energy supply chain [1] Industry Transformation - The global renewable energy industry is undergoing significant changes, shifting from globalization to diversification and regionalization due to geopolitical factors, trade barriers, and differentiated technical standards [2] - Lithium battery equipment companies are transitioning from traditional equipment suppliers to "collaborative builders" of the global production system, emphasizing the importance of supply chain stability and competitiveness [2] Technological Innovation - Yinghe Technology is focusing on three dimensions: technological innovation, intelligent integration, and forward-looking layout to build a resilient foundation for the regionalized supply chain [3] - The company has launched an industry-first ultra-high-speed multi-station stacking machine, achieving a technological leap from three to four stations, leading the industry in efficiency by 70% [3] Advanced Equipment for Solid-State Batteries - Yinghe Technology is developing key equipment for both wet and dry processes in solid-state battery production, providing a complete set of core equipment for various production stages [4] - The company has delivered core solid-state battery-related equipment to multiple clients, facilitating industrial validation and process iteration [4] Global Service Network - Yinghe Technology has established subsidiaries in various countries, including South Korea, Germany, the United States, and Hungary, creating a flexible and efficient localized service network [5] - The company aims to enhance supply chain resilience through global layout and collaborative ecosystem building, ensuring a safer, more efficient, and competitive lithium battery industry [5][6]