Zheng Quan Shi Bao·2025-11-11 09:36Market Overview - The A-share market experienced a decline, with the Shanghai Composite Index barely holding above 4000 points, while the ChiNext Index fell over 1% [1] - The Shanghai Composite Index closed down 0.39% at 4002.76 points, the Shenzhen Component Index fell 1.03% to 13289.01 points, and the ChiNext Index dropped 1.4% to 3134.32 points [1] - Total trading volume in the Shanghai and Shenzhen markets was 201.41 billion yuan, a decrease of over 180 billion yuan from the previous day [1] Company Highlights - Upwind New Materials (688585) saw a strong surge, closing at a limit-up price of 130.2 yuan per share, with a total trading volume of 2.15 billion yuan and a market capitalization of 52.5 billion yuan [2] - The stock price of Upwind New Materials rose sharply following the announcement of a new full-size robot, leading to a limit-up [4] - The company confirmed that its operations are normal and denied any plans to divest its existing business [4] New Battery Concepts - New battery concepts, particularly perovskite solar cells, saw significant gains, with Zhonglai Co. reaching a limit-up of 20% [6] - The research team from the Chinese Academy of Sciences achieved a breakthrough in perovskite solar cells, with a conversion efficiency of 27.2% [6] - The market is witnessing a strong trend in the perovskite sector, focusing on supply-side reforms, long-term growth opportunities, and industrialization [8] Smart Grid Sector - The smart grid sector showed active trading, with Juhua Technology hitting a limit-up of 20% [9] - Recent government guidelines aim to enhance the capacity of the power grid to accommodate renewable energy sources, promoting the development of new distribution systems [10] - Investment in national grid projects reached 379.6 billion yuan in the first eight months of 2025, a year-on-year increase of 14% [11]