Investment Rating - The report does not provide specific investment ratings for the industry sectors mentioned [2]. Core Insights - The overall industry strategy focuses on the simultaneous rise in energy storage volume and price, with ongoing themes in space and AI [3]. - The new energy vehicle supply chain is entering an upward cycle, benefiting companies like CATL and EVE Energy due to the electrification upgrade and optimization of energy storage patterns [3]. - By the end of December 2025, China's electric vehicle charging infrastructure is expected to reach 20.092 million units, a year-on-year increase of 49.7% [3]. - Global energy storage battery shipments are projected to reach 640 GWh in 2025, a year-on-year increase of 82.9%, with CATL maintaining a leading position [3][25]. - The solid-state battery sector is entering a critical phase of engineering and industrialization, with companies like Xiamen Tungsten and Peking University Technology benefiting [4]. Summary by Sections Energy Storage and New Energy - The energy storage trend continues to improve, with companies like Sungrow Power and Huaneng Power benefiting from a significant increase in domestic procurement, which exceeded 100 GWh for the first time [5]. - The average price of lithium battery storage systems has rebounded by 6.39% to 0.5226 yuan/Wh [5]. - AI expansion and global grid upgrades are driving demand for power equipment, benefiting companies like TBEA and Sanyuan Electric [5]. Lithium Carbonate and Battery Materials - The supply and demand for lithium carbonate are exceeding expectations, with companies like Salt Lake Potash and Hunan Youneng benefiting from favorable market conditions [4]. - The cost of phosphoric iron lithium cathode materials has increased, with processing fees rising by 318.7 yuan/ton compared to November averages [4][27]. AI and Robotics in New Energy - The integration of AI and humanoid robots in the new energy sector is gaining traction, with companies like Zhejiang Rongtai and Keda Li benefiting from advancements in robotics [7]. - Tesla's shift towards becoming a robotics company is expected to create new growth cycles, with significant implications for the automotive industry [7][26]. Market Trends and Projections - The report highlights that the global energy storage battery shipment is expected to reach 1,090 GWh in 2026, a year-on-year increase of 70% [25]. - The market for commercial energy storage products is evolving, with larger capacity batteries becoming mainstream and driving innovation in the sector [29].

证券日报网讯1月26日，荣旗科技（301360）在互动平台回答投资者提问时表示，公司会在定期报告中 披露截至报告期末的股东人数。股票价格受公司经营情况、宏观环境等多方面因素影响，公司对未来发 展充满信心，在稳固智能检测和组装设备核心业务的基础上，积极把握如固态电池等新的发展机遇，实 现主业的延伸和协同发展，努力提升公司内在价值。目前公司在手订单充足。 ...

证券日报网讯1月22日，荣旗科技（301360）在互动平台回答投资者提问时表示，消费电子领域公司于 2025年加大了在智能眼镜组装环节的设备布局，应用于Meta智能眼镜的组装设备目前已在陆续交付， 会对公司2026年经营业绩有较积极的带动作用，最终订单量与营收取决于Meta智能眼镜的终端销量， 同时受Meta生产排产计划的影响。固态电池方面，公司的检测设备正在配合客户开展相关预研工作。 ...

Group 1 - The core value of assembly equipment or testing equipment is primarily determined by the technical difficulty of the equipment [1] - In terms of the entire production line, the total value of assembly equipment is usually greater than that of testing equipment due to the higher number of assembly processes and larger equipment usage [1]

荣旗科技（301360.SZ）1月22日在投资者互动平台表示，消费电子领域公司于2025年加大了在智能眼镜 组装环节的设备布局，应用于Meta智能眼镜的组装设备目前已在陆续交付，会对公司2026年经营业绩 有较积极的带动作用，最终订单量与营收取决于Meta智能眼镜的终端销量，同时受Meta生产排产计划 的影响。固态电池方面，公司的检测设备正在配合客户开展相关预研工作。 每经AI快讯，有投资者在投资者互动平台提问：公司在消费电子领域今年营收会大幅增长吗？固态电 池领域订单如何？ （记者 王晓波） ...

格隆汇1月22日丨荣旗科技(301360.SZ)在互动平台表示，公司在消费电子领域的终端客户主要有苹果、 META等，新能源领域客户亦是行业头部客户。公司的核心竞争力在于产品开发设计能力与整体系统解 决方案等方面，公司有光源与成像传感器等核心元器件的定制开发能力，在特殊场景的成像与算法上有 比较明显的技术优势。 ...

Group 1: Profit Forecasts - Limin Co. expects a net profit of 465 million to 500 million yuan for 2025, representing a year-on-year increase of 471.55% to 514.57% [1] - Guohui Energy anticipates a net profit of 1.32 billion to 1.47 billion yuan for 2025, reflecting a decline of 50.03% to 55.13% year-on-year [2] - Jiajia Yue forecasts a net profit of 198 million to 228 million yuan for 2025, indicating a growth of 50.06% to 72.79% year-on-year [3] - Xianghe Industry projects a net profit of 120 million to 148 million yuan for 2025, with an expected increase of 59.17% to 96.31% year-on-year [4] - Aojie Technology predicts a net profit of 90 million to 120 million yuan for 2025, showing a growth of 228.34% to 337.79% year-on-year [14] - Shanghai Electric expects a net profit of 1.1 billion to 1.32 billion yuan for 2025, representing an increase of approximately 47% to 76% year-on-year [15] - Tianfu Communication anticipates a net profit of 1.881 billion to 2.15 billion yuan for 2025, reflecting a growth of 40% to 60% year-on-year [16] - Yichang Technology forecasts a net profit of 150 million to 225 million yuan for 2025, indicating a year-on-year increase of 58% to 138% [29] - Shanghai Yizhong expects a net profit of 60 million to 70 million yuan for 2025, representing a significant increase of 760.18% to 903.54% year-on-year [41] Group 2: Loss Forecasts - Kexin Electromechanical anticipates a net profit of 55 million to 70 million yuan for 2025, reflecting a decline of 58.65% to 67.51% year-on-year [11][12] - Kexin Technology expects a net loss of 900 million to 1.2 billion yuan for 2025, which is an increase in loss of 78.67% to 84% year-on-year [10] - Tianyang New Materials forecasts a net loss of 250 million to 180 million yuan for 2025, compared to a loss of 213 million yuan in the previous year [20] - Bo Rui Data anticipates a net loss of 90 million to 100 million yuan for 2025, which is an increase in loss of 15.17 million to 25.17 million yuan year-on-year [19] - Xinlian Integrated expects a net loss of 577 million yuan for 2025, which is a reduction in loss of approximately 40.02% compared to the previous year [40] - Fangshilong forecasts a net loss of 4 million to 6 million yuan for 2025 [30] Group 3: Strategic Developments - Lianlong signed a strategic framework agreement with Runyinglian to enhance the reliability and efficiency of the lubricant additive supply chain in China and the Asia-Pacific region [7] - Han Jian Heshan is planning to acquire a 52.51% stake in Liaoning Xingfu New Materials Co., Ltd., with stock suspension expected for up to 9 trading days [13] - Kai Zhong Precision plans to invest 116 million yuan in a technical transformation and expansion project to meet future capacity demands [34] - Tianfu Communication is expected to engage in clinical trials for its ABA001 injection, which has received approval from the National Medical Products Administration [17]

Core Viewpoint - The solid-state battery equipment market is heating up, with companies like Rongqi Technology leveraging their expertise in precision assembly and intelligent detection to capitalize on the growing demand for solid-state batteries, particularly through their partnership with Sichuan Lieneng [1][2]. Group 1: Company Developments - Rongqi Technology's subsidiary, Sichuan Lieneng, has delivered multiple temperature isostatic presses to leading solid-state battery manufacturers such as CATL, BYD, and Yiwei Lithium Energy for 2024 and 2025 [1]. - The company is also involved in the establishment of a joint venture, Hongqi Rongli Technology (Suzhou) Co., Ltd., focusing on the research and promotion of new battery materials and systems [4]. - Rongqi Technology's core technology includes temperature isostatic pressing, capable of reaching up to 1200 MPa, which is crucial for improving solid-solid contact interfaces in solid-state batteries [6]. Group 2: Industry Trends - The solid-state battery industry is expected to see significant developments between 2025 and 2026, with a focus on the expansion of pilot lines and equipment tenders, which may precede material volume increases [9]. - The demand for isostatic pressing equipment is anticipated to grow as pilot lines transition from single-line validation to multi-line operations, directly impacting the demand slope for such equipment [11]. - Companies like Nakanor and Putailai are also advancing their isostatic pressing equipment, with Nakanor's design pressure reaching 600 MPa and Putailai reporting over 200 million yuan in cumulative orders for solid-state battery equipment [8].

南方财经1月21日电，荣旗科技(301360.SZ)公告，股东东吴证券－工商银行－东吴证券荣旗科技员工参 与创业板战略配售集合资产管理计划于2026年1月8日至2026年1月19日期间，通过集中竞价交易方式累 计减持公司股份704,646股，占公司总股本的1.32%。减持价格区间为79.50元至85.80元/股，减持均价为 82.63元/股。减持完成后，该资管计划不再持有公司股份。 ...

证券日报网讯1月20日，荣旗科技（301360）在互动平台回答投资者提问时表示，公司消费电子领域的 订单获取与终端客户产品的发布节奏相关，会有一定季节性；新能源及其他领域的订单没有明显的季节 性。 ...