锂电隔膜龙头恩捷股份筹划并购！拟购买中科华联100%股权 股票停牌

Core Viewpoint - Enjie Co., Ltd. plans to acquire 100% equity of Qingdao Zhongke Hualian New Materials Co., Ltd., leading to a stock suspension for the company [1][3]. Company Summary - Enjie Co., Ltd. is a leading player in the lithium battery separator market, currently holding the largest global market share and excelling in production scale, cost control, and market expansion [4]. - The company has established itself in the supply chains of renowned battery manufacturers such as LGES, Panasonic, and CATL, among others [4]. - Enjie reported a revenue of 3.78 billion yuan in Q3, reflecting a quarter-on-quarter growth of 24.59%, and a net profit of 6.79 million yuan, marking a return to profitability [4]. - The company anticipates a stable growth in downstream customer demand and orders, with expectations for increased shipment volumes in 2025 due to strong energy storage demand [4]. Industry Summary - The separator industry is experiencing intensified competition, leading to overall profit pressure [4]. - Enjie is actively adjusting its market strategy to consolidate domestic market share while expanding into overseas markets, achieving notable success [4]. - The industry is expected to see a gradual recovery in separator product prices, driven by reduced new capacity additions and stable demand from energy storage and power batteries [5]. - Supply-side improvements are anticipated due to lower new capacity compared to last year, while the long expansion cycle and high asset investment in the separator industry may hinder further capacity growth [5].