万亿“宁王”，又出手

Core Viewpoint - The article discusses recent strategic investments in the lithium battery supply chain, highlighting the acquisition of stakes in material companies by leading battery manufacturers, specifically Ningde Times and Zhongxin Innovation航 [2][4][6]. Group 1: Investment Activities - Tianhua New Energy announced the transfer of 12.95% of its shares to Ningde Times for a total consideration of 2.635 billion yuan, with a share price of 24.49 yuan, reflecting a discount of 19.49% compared to the closing price of 30.42 yuan [8][10][13]. - Shengxin Lithium Energy has terminated its Hong Kong IPO plans and is instead raising funds through a private placement to introduce strategic investors, including Zhongxin Innovation航 and Huayou Holding Group, with a total fundraising target of up to 3.2 billion yuan [4][20]. Group 2: Company Profiles - Ningde Times is a leading player in the lithium battery sector, focusing on the research, production, and sales of power batteries, energy storage batteries, and battery recycling products, holding the top market share globally [16]. - Tianhua New Energy specializes in lithium battery materials, particularly battery-grade lithium hydroxide and lithium carbonate, which are essential for lithium-ion battery production [14]. - Shengxin Lithium Energy is involved in lithium mining and the production of basic lithium salts and lithium metal products, serving as a raw material supplier for Zhongxin Innovation航 [22]. Group 3: Market Outlook - The lithium battery industry is expected to experience significant growth, with projections indicating a sustained high growth rate for separators and the overall lithium battery sector in the coming years [7]. - Tianhua New Energy reported a 21.47% year-on-year increase in revenue to 2.113 billion yuan and a 113.22% increase in net profit to 188.55 million yuan for the third quarter of 2025 [15].