第二届董事会第十四次会议决议公告 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。 证券代码：301358 证券简称：湖南裕能 公告编号：2025-038 湖南裕能新能源电池材料股份有限公司 1、公司第二届董事会第十四次会议决议。 经各位董事审议表决，通过如下决议： 1、通过《关于在马来西亚投资并成立有关公司的议案》 同意公司在新加坡新设立投资公司，并由投资公司在马来西亚设立项目公司， 通过项目公司投资建设年产 9 万吨锂电池正极材料项目。项目总投资约 5.6 亿马 来西亚林吉特，约合人民币 9.5 亿元（最终投资金额以项目建设实际投入为准）。 具体内容详见公司同日刊载于巨潮资讯网的《关于在马来西亚投资并成立有 关公司的公告》。 表决结果：同意 9 票，反对 0 票，弃权 0 票。 1 三、备查文件 一、董事会会议召开情况 湖南裕能新能源电池材料股份有限公司（以下简称"公司"）第二届董事会第 十四次会议于 2025 年 7 月 22 日上午 9 点 30 分在公司二楼会议室以现场结合通 讯表决的方式召开，会议通知于 2025 年 7 月 18 日以电话、微信等方 ...

湖南裕能新能源电池材料股份有限公司 关于在马来西亚投资并成立有关公司的公告 证券代码：301358 证券简称：湖南裕能 公告编号：2025-039 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、对外投资概述 湖南裕能新能源电池材料股份有限公司（以下简称"公司"）于 2025 年 7 月 22 日召开第二届董事会第十四次会议，审议通过《关于在马来西亚投资并成 立有关公司的议案》，同意公司在新加坡新设立投资公司，并由投资公司在马来 西亚设立项目公司，通过项目公司投资建设年产 9 万吨锂电池正极材料项目。项 目总投资约 5.6 亿马来西亚林吉特，约合人民币 9.5 亿元（最终投资金额以项目 建设实际投入为准）。 本次对外投资无需提交股东大会审议。本次对外投资不构成关联交易，不构 成《上市公司重大资产重组管理办法》规定的重大资产重组。 本次对外投资尚需经过中国国内境外投资管理机构备案、新加坡及马来西亚 相关政府部门办理审批手续。 二、投资标的基本情况 （一）投资公司的基本情况 1、名称：Yuneng International (SGP) Development ...

AI基金嘉实新能源新材料股票A（003984）披露2025年二季报，第二季度基金利润470.57万元，加权平均基金份额本期利润0.004元。报告期内，基金净值增 长率为0.46%，截至二季度末，基金规模为20.59亿元。 该基金属于标准股票型基金，长期投资于先进制造股票。截至7月18日，单位净值为1.802元。基金经理是姚志鹏和熊昱洲，目前共同管理2只基金近一年均 为正收益。其中，截至7月18日，嘉实产业先锋混合A近一年复权单位净值增长率最高，达48.83%；嘉实新能源新材料股票A最低，为33.18%。 基金管理人在二季报中表示，目前企业盈利修复非常类似于历史上相似的周期时刻，由于企业资本开支的压抑，未来很多行业的盈利修复有可能超越预期。 当下市场仍然对于企业盈利能否持续修复存在分歧，这也是过去三年市场下跌带来的悲观惯性，一旦修复后续持续，市场的估值修复空间也大概率超越市场 的预期。 二季度市场先跌后涨，随着二季度市场企稳，我们围绕企业利润改善和估值氛围重点配置在以新能源锂电池和智能驾驶相关资产，并随着市场的 波动动态平衡组合的基本面和估值的分位。 截至7月18日，基金近三年最大回撤为63.37%，同类可比基 ...

Core Viewpoint - The phosphoric iron market is experiencing significant growth in the first half of 2025, with a production increase of 74.2% year-on-year, reaching 1.403 million tons, which is a notable rise compared to the 43.9% growth in 2024 [1]. Group 1: Market Production and Growth - The production of phosphoric iron in the first half of 2025 is 1.403 million tons, reflecting a year-on-year growth of 74.2% [1]. - The growth rate in 2025 is significantly higher than the 43.9% increase observed in the entire year of 2024 [1]. Group 2: Company Performance - Hunan Yuno and Wanrun New Energy are the only two companies with production exceeding 100,000 tons, leading the first tier of producers [3]. - Four companies, including Bangpu Recycling and Zhongwei Xinyang, have production levels above 50,000 tons, placing them in the second tier [3]. Group 3: Capacity Utilization - There is a significant disparity in capacity utilization among companies, with leading companies like Hunan Yuno and Yuntu New Energy showing higher utilization rates [6]. - In the first tier, companies such as Hunan Yuno and Guizhou Yayou are leading in capacity utilization, while several companies in the second tier have utilization rates exceeding 50% [6]. Group 4: Self-Use vs. External Sales - The majority of phosphoric iron produced is for self-use, with the market split being 58% for self-use and 42% for external sales in the first half of 2025 [8]. - Companies like Hunan Yuno and Wanrun New Energy primarily focus on self-use, and the proportion of self-supplied phosphoric iron is on the rise [8].

Core Viewpoint - The lithium iron phosphate (LFP) market is expected to maintain high growth in 2025, with significant production increases and market share dynamics among leading companies [5]. Production and Growth - In the first half of 2025, LFP production reached 1.632 million tons, representing a year-on-year increase of 66.6% [7]. - Hunan Youneng leads the market with approximately 30% market share, followed by Wanrun New Energy, Defang Nano, Youshan Technology, Fulimin Shenghua, and Changzhou Lithium Source, each holding 5%-10% market share [8]. - Hunan Youneng produced over 400,000 tons, significantly ahead of other top five companies, which produced between 100,000 to 150,000 tons [10]. Growth Rates and Future Potential - Among the top 10 companies, Andar Technology and Dangseng Technology exhibited the highest growth rates, exceeding 200%, while Youshan Technology, Fulimin Shenghua, and Guoxuan High-Tech surpassed 100% growth [11]. - Companies like Wanhu Chemical, Dangseng Technology, GCL-Poly, Bangpu Recycling, and Ruixiang New Materials are emerging with strong financial capabilities and market ambitions, indicating potential for significant market presence in the LFP sector [11].

Group 1 - The report highlights a steady increase in domestic electrification rates and a strong recovery in European sales, with global sales expected to grow by 21% in 2025 and maintain over 15% growth in 2026 [2][3] - In 2025, domestic electric vehicle sales are projected to reach 5.61 million units, a year-on-year increase of 44%, with an annual growth forecast of 25% [2][5] - The report anticipates a robust demand for lithium batteries, with a revised growth estimate of over 30% in 2025 and nearly 20% in 2026, driven by strong energy storage policies and market dynamics [2][3] Group 2 - The report indicates that the profitability of the industry has begun to recover slightly, with leading companies starting to expand production in an orderly manner, while smaller firms continue to exit the market [2][3] - The report notes a significant disparity in profitability across different segments of the supply chain, with leading battery manufacturers maintaining high profit levels compared to second-tier manufacturers [2][3] - The solid-state battery technology is highlighted as a key area of focus, with advancements expected in sulfide-based materials and core equipment, indicating a rapid acceleration in industrialization [2][3] Group 3 - Investment recommendations emphasize focusing on leading lithium battery companies and those accelerating the industrialization of solid-state technologies, with specific companies identified for potential investment [2][3] - The report suggests that the lithium carbonate price has reached a bottom, making it favorable to invest in companies with quality resources [2][3] - The report identifies several companies in the solid-state battery sector that are expected to benefit from technological advancements and market demand [2][3]

Summary of Key Points Core Viewpoint - The company has successfully completed the first vesting period of its 2024 restricted stock incentive plan, allowing 264 eligible participants to receive a total of 354.9651 million shares, which represents 0.4688% of the company's total share capital [3][12][19]. Group 1: Incentive Plan Overview - The incentive plan involves the issuance of restricted stock to directors, senior management, and key personnel, with a total of 1,514.506 million shares initially planned for distribution [2][16]. - The vesting price for the restricted stock was adjusted from 17.43 yuan per share to 16.855 yuan per share due to changes in the plan [10][11]. Group 2: Vesting Conditions and Performance Metrics - The first vesting period for the restricted stock is set from July 3, 2024, to July 2, 2026, with a vesting ratio of 30% for the first year [13][14]. - The performance targets for the first vesting period include a sales growth rate of at least 25% for phosphate cathode materials compared to 2023 sales figures [6][12]. Group 3: Share Distribution and Impact - The total number of shares distributed in this vesting period is 354.9651 million, impacting the company's total share capital, which will increase from 757,253,070 shares to 760,802,721 shares [15][18]. - The distribution of shares will not significantly alter the company's control structure or financial performance [18][19]. Group 4: Compliance and Approval - The plan has undergone necessary approvals and has been verified by legal and financial advisors, confirming compliance with relevant regulations [19][20]. - The company has ensured that all vesting conditions have been met, allowing for the distribution of shares to eligible participants [12][19].

证券代码：301358 证券简称：湖南裕能 公告编号：2025-037 湖南裕能新能源电池材料股份有限公司 关于 2024 年限制性股票激励计划首次授予部分第一个归属期 归属结果暨股份上市公告 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。 重要内容提示： 湖南裕能新能源电池材料股份有限公司（以下简称"公司"或"湖南裕能"） 于 2025 年 6 月 20 日召开第二届董事会第十三次会议、第二届监事会第十三次会 议，审议通过《关于 2024 年限制性股票激励计划首次授予部分第一个归属期归 属条件成就的议案》。具体内容详见公司于 2025 年 6 月 20 日在巨潮资讯网上披 露的《关于 2024 年限制性股票激励计划首次授予部分第一个归属期归属条件成 就的公告》。截至本公告披露日，公司已按规定为符合公司《2024 年限制性股 票激励计划（草案修订稿）》（以下简称"《激励计划》"或"激励计划"）首 次授予部分归属条件的激励对象办理第一个归属期归属登记工作。现将有关情况 公告如下： 一、股权激励计划实施情况概要 （一）本激励计划简述 2024 年 5 月 15 日 ...

证券研究报告·行业跟踪周报·电力设备 电力设备行业跟踪周报 固态产业化进度加快，锂电龙头旺季提前 2025 年 07 月 06 日 增持（维持） [Table_Tag] [Table_Summary] 投资要点 证券分析师 曾朵红 执业证书：S0600516080001 021-60199793 zengdh@dwzq.com.cn 证券分析师 阮巧燕 执业证书：S0600517120002 021-60199793 ruanqy@dwzq.com.cn 研究助理 许钧赫 执业证书：S0600123070121 xujunhe@dwzq.com.cn 行业走势 -8% -3% 2% 7% 12% 17% 22% 27% 32% 37% 42% 2024-7-5 2024-11-3 2025-3-4 2025-7-3 电力设备 沪深300 相关研究 《效率持续提升、GW 线逐步落地， 钙钛矿产业曙光渐近》 2025-07-02 《锂电排产旺季将临，固态技术迭代 加速 》 2025-06-30 东吴证券研究所 1 / 46 请务必阅读正文之后的免责声明部分 ◼ 电气设备 7107 上涨 1.99%，表现强于大盘。 ...

关注公众号，点击公众号主页右上角" ··· "，设置星标 "⭐" ，关注 鑫椤锂电 资讯~ -广告- 本文来源： #鑫椤锂电 富临精工公告，公司与四川发展龙蟒签署《合作框架协议》，双方将开展股权与资本合作，共同投资设立 合资公司，新建高压实密度磷酸铁锂正极材料项目与前驱体项目。 合资公司拟新建10万吨/年高压密磷酸 铁锂项目和10万吨/年磷酸二氢锂前驱体项目，选址于绵竹市德阳—阿坝生态经济产业园。 锂电材料端市场情况 行业热点 I C C S I N O 2025H1磷酸铁锂市场盘点：上半年产量同比增长66.6% 根据ICC鑫椤锂电统计， 2025年上半年磷酸铁锂产量163.2万吨，同比增长66.6%。 企业份额来看：湖南裕 能市场份额约30%，龙头地位显著，位于第一梯队；万润新能、德方纳米、友山科技、富临升华、常州锂 源市场份额在5%-10%之间，位于第二梯队。产量增速来看：TOP10企业中安达科技、当升科技增速最 高，均超过200%；友山科技、富临升华、国轩高科均超过100%；万润新能、泰丰先行也均超过80%；湖 南裕能虽然基数大，但也实现了超过40%的增幅。从发展潜力来看：除了湖南裕能、富临升华等综合实 ...