证券代码：300750 证券简称：宁德时代 公告编号：2026-022 宁德时代新能源科技股份有限公司 关于使用部分闲置募集资金进行现金管理的公告 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。 宁德时代新能源科技股份有限公司（以下简称"宁德时代"、"公司"）于 2026 年 3 月 9 日召开第四届董事会第十四次会议，审议通过了《关于使用部分闲置募 集资金进行现金管理的议案》。公司 2022 年度向特定对象发行股票的募集资金， 部分募投项目已按计划投入完毕，部分募集资金因募投项目建设进度及实际付款 安排，存在暂时性闲置的情况。为提高募集资金使用效率，实现公司与股东利益 最大化，在不影响募投项目建设的情况下，公司拟使用不超过人民币 25 亿元（含 本数）闲置募集资金进行现金管理，投资安全性高、流动性好的保本型存款产品， 使用期限自公司董事会前次审议募集资金现金管理相关决议（详见公司于 2025 年 6 月 19 日召开的第四届董事会第六次会议审议通过的议案 1《关于使用部分 闲置募集资金进行现金管理的议案》）的有效期届满后 12 个月内有效。现将具体 内容公告 ...

证券代码：300750 证券简称：宁德时代 公告编号：2026-026 宁德时代新能源科技股份有限公司 关于召开 2025 年年度股东会的通知 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。 宁德时代新能源科技股份有限公司（以下简称"公司"）于 2026 年 3 月 9 日召开第四届董事会第十四次会议，审议通过了《关于提请召开 2025 年年度股 东会的议案》，公司董事会决定于 2026 年 4 月 3 日召开 2025 年年度股东会。现 将本次股东会的有关事项公告如下： 一、召开会议的基本情况 1、股东会届次：2025 年年度股东会。 2、股东会会议召集人：公司董事会。 3、会议召开的合法、合规性：本次股东会的召集、召开符合《中华人民共 和国公司法》《中华人民共和国证券法》《深圳证券交易所创业板股票上市规则》 等法律、行政法规、部门规章、规范性文件和《公司章程》《股东会议事规则》 等的有关规定。 4、会议召开日期和时间： （1）现场会议：2026 年 4 月 3 日（星期五）15:00 开始。 （2）网络投票时间：通过深圳证券交易所交易系统进行网络投票的具体 ...

证券代码：300750 证券简称：宁德时代 公告编号：2026-010 宁德时代新能源科技股份有限公司 一、董事会会议召开情况 宁德时代新能源科技股份有限公司（以下简称"公司"）于 2026 年 2 月 23 日 以书面方式向公司全体董事发出会议通知及会议材料，以现场结合通讯方式于 2026 年 3 月 9 日在公司会议室召开第四届董事会第十四次会议并做出本董事会 决议。本次董事会会议应出席董事 9 人，实际出席董事 9 人（其中采用通讯方式 出席的人数 6 人，包括因公务出差的曾毓群先生、潘健先生、周佳先生、李平先 生、吴映明先生及吴育辉先生）。公司董事长曾毓群先生主持会议，公司高级管 理人员列席了本次会议。此次会议的召开符合《中华人民共和国公司法》（以下 简称"《公司法》"）、《中华人民共和国证券法》（以下简称"《证券法》"）等相关 法律法规以及《宁德时代新能源科技股份有限公司章程》（以下简称《" 公司章程》"） 等制度的规定。 二、董事会会议审议情况 经全体参会董事认真讨论，审议通过了以下议案： 1、审议通过《关于<2025 年年度报告及其摘要>的议案》 第四届董事会第十四次会议决议公告 本公司及董事会 ...

证券代码：300750 证券简称：宁德时代 公告编号：2026-011 宁德时代新能源科技股份有限公司 关于 2025 年度利润分配预案的公告 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。 重要提示： 1、宁德时代新能源科技股份有限公司（以下简称"公司"）拟向全体股东每 10 股派发现金分红人民币 69.57 元（含税）。2025 年度，公司不实施资本公积金 转增股本，不送红股。 2、公司 2025 年度现金分红包括年度现金分红及特别现金分红，合计派发的 现金分红总额占 2025 年度合并报表归属于上市公司股东的净利润的 50%，旨在 积极响应相关政策导向，切实回馈广大投资者。但需特别提示，本次分红方案不 代表公司未来每年度均会按此固定比例进行分红。鉴于公司目前仍处于产业快速 发展阶段，未来的资本开支具有不确定性，未来年度的分红方案将依据届时具体 情况进行确定，敬请广大投资者注意投资风险。 3、本预案经公司股东会审议通过后，公司将按照相关法律法规及规范性文 件的要求另行发布权益分派实施公告，明确股权登记日、除权除息日等分派信息， 敬请投资者留意相关公告。 一 ...

证券代码：300750 证券简称：宁德时代 公告编号：2026-012 宁德时代新能源科技股份有限公司 关于授权董事会制定 2026 年中期分红方案的公告 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。 宁德时代新能源科技股份有限公司（以下简称"公司"）于2026年3月9日召开 第四届董事会第十四次会议，审议通过了《关于授权董事会制定<2026年中期分 红方案>的议案》，公司自上市以来高度重视投资者回报，持续通过现金分红回 馈广大投资者。根据中国证监会《上市公司监管指引第3号——上市公司现金分 红》等规定，为提升公司投资价值，与广大投资者共享经营发展成果，在确保公 司持续稳健经营及长远发展的前提下，公司拟通过增加分红频次方式进一步增强 投资者获得感。此外为进一步简化中期分红程序，董事会特此提请股东会授权董 事会制定2026年中期分红方案。现将具体内容公告如下： 一、2026年中期分红安排 （一）中期分红条件 公司在2026年度进行中期分红的，应同时满足下列条件： 1、公司当期归属于上市公司股东的净利润为正，且累计未分配利润亦为正 数； 2、公司的现金流能够满足 ...

宁德时代新能源科技股份有限公司 2025 年年度报告 2026 年 3 月 宁德时代新能源科技股份有限公司 2025 年年度报告全文 致股东的信 2025 年，在全球加速迈向零碳经济的背景下，产业新能源化的进程持续提速。围绕"零碳"重构的产 业链、价值链与创新链，正催生全新的增长空间与机遇。稳定、低成本、可持续的清洁能源，业已成为 数字化文明的关键生产要素，并重构着能源系统的底层逻辑。在这场能源革命与科技革命交汇、现实与 未来叠加的历史进程中，宁德时代始终在以行动回答一个问题：如何在不确定的世界中，构建确定性的 长期价值？ 这一年，我们的收入结构与增长质量持续优化，动力、储能电池出货量继续领跑全球，锂电池销量 同比增长近 4 成至 661GWh，"全域增量"业务引擎初具规模。 这一年，我们的港股 IPO 树立了全球资本市场标杆项目，为公司海外战略布局提供稳健的资本支 持，也与全球投资者共享了公司的成长。 这一年，我们的产品和服务走向更广阔的场景——在云端、在矿山、在江河湖海、在戈壁沙漠、在 零碳园区、在算力中心，宁德时代正在为中国及全球的发展持续注入澎湃动能。 我们清醒地看到，当地缘政治、产业周期与技术变革交 ...

Core Viewpoint - The article emphasizes the increasing importance of resource security for battery companies, highlighting a shift in strategy towards upstream resource acquisition in response to rising supply chain risks and fluctuating lithium prices [5][36]. Group 1: Resource Acquisition Trends - Recent developments, such as XINWANDA's disclosure of exploration rights for the Dongtai Jilin Salt Lake, have refocused market attention on the upstream resource strategies of battery companies [4]. - The exploration rights held by XINWANDA are part of a broader trend where companies are prioritizing resource security as a central strategic concern, especially with the anticipated strong growth in global new energy demand by 2026 [5][36]. - The shift towards resource security is not an isolated action but represents an industry-wide trend, with major players like CATL and BYD leading the way in securing upstream resources [6][11]. Group 2: Competitive Landscape - By 2025, Chinese companies dominate the top ten global power battery installations, with CATL and BYD maintaining their positions at the forefront [7]. - The competition among battery manufacturers is evolving beyond just fast charging and cost to include critical issues of raw material supply security, which now involves higher management levels and capital expenditure decisions [8]. - The concept of "Heavy Assets, Low Obsolescence" (HALO) is applied to describe the current resource acquisition strategies of battery companies, focusing on long-term, stable resource assets rather than short-term price fluctuations [9][36]. Group 3: Company-Specific Strategies - CATL is actively investing in lithium extraction projects in Bolivia, with a commitment of at least $1 billion to build two lithium extraction plants with a combined target output of 35,000 tons of lithium carbonate annually [12]. - BYD has secured lithium mining rights in Brazil and is advancing a project in partnership with Salt Lake Co. to develop a 30,000-ton lithium carbonate project [15]. - Gotion High-Tech has clearly articulated its resource strategy, focusing on securing upstream resources in key areas such as lithium and nickel through various investment and partnership models [17]. Group 4: Industry Dynamics - The article notes a clear division among leading Chinese battery companies regarding their approaches to resource security, with some opting for heavy asset strategies while others prefer lighter, more flexible models [27]. - The trend of "heavy assetization" is particularly pronounced among Chinese firms, contrasting with South Korean and Japanese companies that tend to rely on long-term supply contracts rather than direct ownership of mining assets [29][31]. - The evolving landscape indicates that resource security is now a multifaceted issue, impacting profit margins, delivery capabilities, and capital allocation strategies across the industry [36].

Core Viewpoint - The article highlights the significant growth potential in the cylindrical battery market, driven by advancements in technology and increased production capacity from leading battery manufacturers [1][9]. Group 1: Company Performance and Contracts - Xianhui Technology has received contracts totaling approximately 945 million yuan (about 9.45 billion yuan) from CATL and its subsidiaries, which is expected to positively impact its performance in 2025-2026 [2][3]. - The contracts represent about 30% of Xianhui Technology's projected revenue for 2025, indicating a strong reliance on CATL as a major client [3]. - In recent years, Xianhui Technology's sales to CATL and its affiliates have consistently accounted for over 80% of its revenue, with contract amounts of 1.597 billion yuan, 2.078 billion yuan, and 2.009 billion yuan for 2022, 2023, and 2024 respectively [4][5]. Group 2: Financial Performance - For 2025, Xianhui Technology is projected to achieve total revenue of 2.994 billion yuan, a year-on-year increase of 21.52%, with net profit reaching 352 million yuan, up 57.75% [7]. - The increase in revenue and profit is attributed to improved operational efficiency and higher profit margins in its main business, as well as growth in overseas projects [7]. Group 3: Industry Trends and Technological Developments - The cylindrical battery market is experiencing explosive growth, with global shipments expected to reach 16.83 billion units in 2025, a year-on-year increase of over 15.1%, and China's shipments projected at 10.36 billion units, up 25.3% [9]. - Xianhui Technology is actively investing in the development of large cylindrical battery assembly lines and has established strategic partnerships in the solid-state battery sector, indicating a commitment to innovation and market leadership [8][10].

Core Insights - The article discusses the Chinese government's 2026 work report, emphasizing a proactive fiscal policy with a focus on "two heavy" constructions and "two new" initiatives, supported by a special long-term bond issuance of 1.3 trillion yuan [4]. Fiscal Policy - The fiscal policy for 2026 includes a budget deficit of 5.89 trillion yuan, an increase of 230 billion yuan from the previous year, with total public budget expenditures reaching 30 trillion yuan, up approximately 1.27 trillion yuan [5]. - The government plans to issue 1.3 trillion yuan in special long-term bonds to support consumption and infrastructure projects [5]. Industry Development - The automotive industry aims for a sales target of 32.3 million vehicles in 2025, with a 3% year-on-year increase, and 15.5 million of those being new energy vehicles, reflecting a 20% growth [6]. - The automotive sector is encouraged to enhance its production value by approximately 6% year-on-year [6]. New Energy Vehicles - The promotion of new energy vehicles includes a target of 100% for new urban buses and 90% for taxis (including ride-hailing) to be electric [7]. - The government supports the development of charging infrastructure and the integration of renewable energy sources for electric vehicle charging [7]. Market Dynamics - In February 2026, the commercial vehicle market showed mixed results, with a 12.8% decline in sales for Beiqi Foton, while medium and heavy trucks experienced an 11.2% increase [10]. - Companies like Jiangling and Yutong Bus reported double-digit growth, indicating a positive trend in certain segments of the commercial vehicle market [10]. International Trade - The Middle East is projected to be China's third-largest export market for commercial vehicles by 2025, with an expected export volume of 158,000 units, a 42.9% increase year-on-year [19]. - The ongoing conflicts in the region pose challenges such as increased logistics costs and supply chain risks, but also present opportunities for market restructuring and localization for Chinese commercial vehicle companies [19][21]. Technological Advancements - Companies in the autonomous logistics vehicle sector, such as Karl Power and New Stone, have secured significant funding to expand their operations and technology [14]. - The focus is on deploying autonomous trucks and enhancing the integration of technology with logistics operations [15]. Supply Chain Resilience - The article emphasizes the need for Chinese automotive companies to diversify their supply chains and reduce reliance on single markets, particularly in light of geopolitical tensions [21]. - Strategies include enhancing local production capabilities and establishing safety stock for critical components [21].

Sales Performance - In January, the overall passenger car market sales were 1.554 million units, a year-on-year decrease of 15.1% and a month-on-month decrease of 32.9% [6] - The new energy vehicle (NEV) market sales were approximately 565,000 units, a year-on-year decrease of 19.7% and a month-on-month decrease of 57.6% [6] - The NEV market accounted for 36.3% of total passenger car sales, down 2.1% compared to the same period last year [6] New Energy Market Performance - In January, pure electric vehicle sales were about 345,000 units, down 11.5% year-on-year and down 55.7% month-on-month [7] - Plug-in hybrid sales were approximately 220,000 units, down 29.9% year-on-year and down 60.2% month-on-month [7] Top 10 Cities for NEV Sales - The top 10 cities accounted for 30.5% of NEV sales, an increase of 0.9% from the previous month [12] - The top three cities for sales were Shanghai, Guangzhou, and Shenzhen, with significant variations in year-on-year growth rates among them [10][12] - The highest penetration rates for NEVs were in Shenzhen (54.4%), Hangzhou (52.0%), and Shanghai (48.2%) [12] Pure Electric Market Analysis - The top three segments in the pure electric market were C-SUV (25.7%), B-SUV (20.8%), and A0 class (12.2%) [13] - The market share of C-SUV increased significantly from 8.1% to 25.7% year-on-year, while the C-class market share decreased from 13.2% to 5.3% [13] Market Dynamics - Key industry dynamics included significant partnerships and investments, such as CATL's strategic investment in Fulin Precision and Geely's AI platform launch [20][22] - The collaboration between GAC Group and Huawei aims to enhance their strategic partnership in the NEV sector [20] Industry Policies - The release of the mandatory national standard GB 18384-2025 for electric vehicle safety requirements aims to enhance safety protocols and testing methods [27] - Various provinces, including Guangdong and Sichuan, have introduced policies to promote green manufacturing and the integration of AI in transportation [29][36]