2月25日，碳酸锂连续主力合约强势上攻，日内涨超5%，最高报超170000.00元。 消息面上，日前津巴布韦锂矿出口叫停问题传闻引发市场关注，发运数据看最近两个月发运和出口量较此前有下降，但具体影响量级仍需验证。 2月25日，A股市场延续开门红强劲走势，上证指数涨超1%，截至13:02，同类规模领先、费率最低档的电池ETF汇添富(159796)震荡冲高，当前上涨超 2%，冲击两连涨。 电池ETF汇添富(159796)标的指数成分股多数冲高，格林美涨超4%，阳光电源、亿纬锂能、天赐材料、先导智能等涨超2%，国轩高科等涨超1%，三花 智控、银轮股份等回调。 | 【电池ETF汇添富(159796)标的指数前十大成分股】 | | --- | | 序号 | 代码 | 名称 | 申万一级行业 | 涨跌幅 | 估算权重 | | --- | --- | --- | --- | --- | --- | | 1 | 002050 | 三花智控 | 家用电器 | -1.59% | 8.25% | | 2 | 300274 | 阳光电源 | 电力设备 | 2.47% | 7.85% | | 3 | 300750 | 宁德时代 | 电 ...

Group 1 - The battery ETF Southern (159147) increased by 2.04% with a transaction volume of 27.09 million yuan, while key stocks in the index, such as Defu Technology, Tianhua New Energy, and Duofluoride, saw significant gains of 10.19%, 7.61%, and 6.32% respectively [1] - The U.S. government is considering imposing new tariffs on approximately six industries, including batteries, citing "national security" as the reason. This move follows the Trump administration's use of Section 232 to expand tariffs beyond the existing 15% global rate [1] - Analysts indicate that if tariffs are implemented, the President can unilaterally adjust them, providing greater operational flexibility in policy continuity and execution. The tariffs will significantly increase export costs, prompting overseas clients to accelerate orders [1] Group 2 - Sodium battery technology has shown breakthroughs and mass production capabilities, demonstrating resilience in supply diversity. Sodium batteries offer superior low-temperature performance and lower costs, complementing lithium batteries and showing promising prospects in energy storage and power battery applications [2] - The price of lithium carbonate has rebounded significantly, with battery-grade lithium carbonate increasing by 6.9% and industrial-grade by 7.46% in the last week. This price surge is driven by a temporary improvement in supply-demand dynamics, with downstream production expected to increase by over 15% starting in March [2] - The Southern Battery ETF (159147) closely tracks the CSI Battery Theme Index, which includes listed companies involved in power batteries, energy storage batteries, consumer electronics batteries, and related upstream and downstream industries. The top ten weighted stocks in the index include CATL, Sungrow Power, and others [2]

Group 1 - The battery ETF (561910) rose over 1.29%, with notable increases in stocks such as Defu Technology and Tianhua New Energy, which rose over 8% [1] - In January, China's total production of power and energy storage batteries reached 168.0 GWh, marking a year-on-year growth of 55.9% [1] - In January, the combined sales of new energy vehicles in nine European countries reached 209,000 units, a year-on-year increase of 23%, with an electric vehicle penetration rate of 29.4% [1] Group 2 - The State Council issued opinions on improving the national unified electricity market system, aiming for basic completion by 2030 and full completion by 2035 [1] - Many companies in the CSI Battery Index are expected to report positive earnings, with significant profit increases due to rising upstream material prices; for instance, Tianqi Materials and Duofluo reported net profit growth of 230% and 190%, respectively [1] - Leading battery manufacturers also showed strong performance, with Guoxuan High-Tech's net profit increasing by 148% and Penghui Energy's by 191% [1] Group 3 - The forecasted upper limit of net profits for various companies includes: XianDao Intelligent at 1.8 billion with a 529.15% increase, Daoshi Technology at 580 million with a 269.76% increase, and Tianqi Materials at 1.6 billion with a 230.63% increase [2] - The solid-state battery production is expected to enhance industry growth, with a projected 60%+ increase in large storage demand by 2026 due to national capacity compensation pricing policies [2] Group 4 - The battery ETF (561910) tracks the CSI Battery Theme Index, with nearly 40% solid-state battery content and nearly 60% energy storage content, including major players like Ningde Times and Sunshine Power [3] - The ETF covers the entire battery industry chain, including power, storage, and consumer electronics [3]

Group 1 - The core viewpoint of the news highlights a significant increase in the rare earth permanent magnet sector, with the China Securities Rare Earth Industry Index rising by 4.57% as of 10:20 AM on February 25, 2026, driven by strong performances from key stocks such as San Chuan Wisdom (+11.19%), Baotou Steel (+10.15%), and China Northern Rare Earth (+9.97%) [1] - The prices of heavy rare earth elements have surged, with Yttrium reaching $850 per kilogram and Dysprosium at $1,100 per kilogram, marking the highest levels since 2015 amid ongoing supply concerns [1] - According to Guojin Securities, the demand for high-value-added materials driven by AI has expanded from storage and electronic fabrics to upstream resource sectors, with rare earths being essential for permanent magnet motors, servo systems, and optical communication devices, facing dual pressures from limited traditional capacity and surging new demand [1] - The acceleration of localization strategies for critical minerals in Europe and the U.S. is expected to further strengthen China's structural advantages in the global rare earth supply chain [1] - As of January 30, 2026, the top ten weighted stocks in the China Securities Rare Earth Industry Index accounted for 61.43%, including Northern Rare Earth, Goldwind Technology, and Xiamen Tungsten [1] Group 2 - The rare earth ETF managed by Harvest (516150) closely tracks the China Securities Rare Earth Industry Index, providing a convenient tool for investors to gain exposure to the domestic rare earth industry chain [2] - Investors can also utilize the Harvest Rare Earth ETF linked fund (011036) to capitalize on investment opportunities in the rare earth sector [3]

长江证券表示，数据中心储能应用场景主要为配套供电、需求响应及增容、平滑负载三个维度。在高压 供电侧，储能配合主电源供电，或通过削峰填谷及参与电网需求响应或增容；在低压负荷侧，储能可对 冲AI算力负荷脉冲。考虑储能配套光伏供电时，功率为光伏的50%，时长为4h；储能用于需求响应时， 功率为数据中心功率的100%，时长为2h；储能用于负荷侧平滑时，功率为数据中心功率的100%，时长 为0.5h。测算2026-2030年数据中心自建电源对应储能需求量复合增速为23%，中期有望达到150GWh以 上。 截至2月25日10点13分，上证指数涨0.67%，深证成指涨0.74%，创业板指涨0.32%。钢铁、磷化工、特 钢概念等板块涨幅居前。 ETF方面，电池ETF嘉实（562880）涨1.17%，成分股德福科技（301511.SZ）涨超5%，湖南裕能 （301358.SZ）、天华新能（300390.SZ）、中伟新材（300919.SZ）、多氟多（002407.SZ）、道氏技术 （300409.SZ）、容百科技（688005.SH）、厦钨新能（688778.SH）、尚太科技（001301.SZ）、格林 美（002340.SZ ...

长江商报消息 ●长江商报记者 黄聪 格林美"爆单"的场景延续到了2026年，2月22日，公司官方平台发文介绍，公司旗下荆门园区春节期 间"不停工、不停产"，重点工序保持24小时连续生产，初一到初五累计在岗人数14301人，初一到初五 制造产值超过4亿元，为公司冲刺一季度"开门红"奠定了坚实基础。 实际上，2025年的整体市场行情并不理想。 近日，华鑫证券报告指出，格林美镍钴自供能力强化，预测2025年—2027年收入持续增长，三元材料需 求结构化升级提供支撑。 2025年营收有望创新高 "爆单"之下，格林美（002340.SZ）荆门园区春节期间"不停工、不停产"，冲刺一季度"开门红。 2月22日，格林美官方平台发文介绍，公司旗下荆门园区春节期间"不停工、不停产"，重点工序保持24 小时连续生产，初一到初五累计在岗人数14301人，初一到初五制造产值超过4亿元。 20多年来，格林美聚焦创新，发展全球关键金属资源循环利用、退役动力锂电池循环利用与新能源电池 材料业务，攻克关键技术，循环再造行业核心产品，供应全球行业主流市场。 业绩方面，2025年，格林美预计实现归母净利润14.29亿元至17.35亿元，比上年同期 ...

近期，稀土价格连续上涨成为市场关注的焦点之一。今日早盘稀土板块交投火热，资金借道ETF布局稀 土赛道意愿升温。稀土ETF（516780）最新交易周（26/2/9-2/13）累计吸金4.41亿元，成为同期A股市场 仅有的区间资金净流入超4亿元的稀土主题ETF，助推其基金份额、基金规模分别攀升至16.40亿份、 32.79亿元，双双创2026年以来阶段性新高。 消息面上，近期美国宣布计划启动一项名为"金库计划"的关键矿产储备项目，旨在为汽车企业、科技公 司和制造商采购并储存包括稀土在内的战略性矿产资源。此举进一步强化了稀土作为"战略金属"的长期 溢价逻辑。 分析指出，国内稀土价格未来上涨预期持续攀升，当前氧化镨钕价格突破80万元/吨关口，2026年一季 度稀土产业有望保持业绩高增。长期看，稀土行业供需关系有望持续改善，供给方面，开采与冶炼分离 实行总量调控，国内指标增速放缓，供给增长滞后于需求扩张；需求方面，机器人、低空经济、军工等 产业快速发展拉动需求释放。此外，海外冶炼成本高企等因素也对价格形成支撑，稀土战略价值有望迎 来重估。 据悉，稀土ETF（516780）及其联接基金（A类014331、C类014332 ...

2026年2月24日早盘，稀土永磁概念盘中走强，截至10:16，中证稀土产业指数强势上涨2.53%，成分股 铂科新材上涨7.77%，金风科技上涨6.14%，中稀有色上涨6.13%，中色股份，盛新锂能等个股跟涨。 银河证券指出，AI硬件已成为当前AI应用落地最确定的受益方向，国内春节期间AI眼镜销量激增 70%-80%、AI玩具成交同比暴增500倍、宇树人形机器人集群协同运动刷新全球纪录，这些终端爆发背 后均高度依赖高性能钕铁硼永磁材料提供的精密动力输出与响应能力，硬件规模化放量将直接拉动上游 稀土功能材料需求。 稀土ETF嘉实(516150)紧密跟踪中证稀土产业指数，是一键布局国内稀土产业链的便利工具。 场外投资者还可以通过稀土ETF嘉实联接基金（011036）把握稀土投资机遇。 此外，全球能源转型正从政策驱动迈向设备落地阶段，印度拟放宽对中国电力设备进口限制、2025年国 内风电新增装机37.9GW、煤电投资同比增长27.7%。光大证券研报观点认为，风电发电机、核电控制棒 驱动机构、特高压变压器等核心装备均需大量高性能烧结钕铁硼磁体，设备国产化加速与海外订单回流 将同步强化稀土永磁材料的战略价值。 数据显示 ...

Group 1 - Multiple companies and laboratories in the Optics Valley are operating at full capacity during the Spring Festival, with Huagong Technology's orders for connection business scheduled until Q4 2026 and AI high-speed optical module production lines running 24/7 [1][3] - Huagong Technology's production bases in Wuhan and Thailand resumed operations immediately on the first day of the Lunar New Year, focusing on mass production and delivery of high-speed optical modules such as 1.6T and 800G [3][5] - Yifang Communication's fiber optic production facility in Wuhan also continued operations during the Spring Festival, with teams deployed to ensure communication support for various events [3][5] Group 2 - Huagong Technology is recognized as one of the top ten optical module manufacturers globally, with a diverse range of products including laser equipment, anti-counterfeiting labels, and optical communication electronic components [5] - Yifang Communication, a state-owned enterprise under Yifang Technology, specializes in the production and sales of communication system equipment, fiber optics, and data network products [5] - During the Spring Festival, Yifang Communication collaborated with operators to deploy professional support teams across various locations to ensure communication reliability for the Spring Festival Gala [5] Group 3 - Greenme's Jingmen Park maintained continuous production during the Spring Festival, with a total of 14,301 employees on duty from the first to the fifth day, generating over 400 million yuan in manufacturing output [5] - The company led by Cui Peijun, known for its customer incentives, resumed operations on February 22, with customers queuing to place orders, reflecting strong demand [7][8]

内容概况：再生银是指从含银废杂物料中回收并重新提炼的银。这些废旧材料可能来自照像业、首饰 业、电子电器工业及医疗业等等。经过分类、清洗、熔炼等多个环节，银被提取并重新加工，成为可以 再次使用的材料。再生银是白银产业链中重要一环。全球白银供给呈现"矿山为主、回收为辅"的格局， 白银独立原生矿少，全球超80%矿山白银储量伴随金、铜、铅锌等矿产存在，这也导致白银供应高度依 赖主金属开采节奏，新增产能周期长。在原料紧张背景下，再生银成为重要补充来源，已成为白银供应 体系中的重要组成部分。整体来看，随着回收技术的进步、回收体系的完善，全球再生银产量由2016年 的4861吨增长至2025年的6009吨，占白银总供应量比重也由14.8%提升至18.7%。2024年全球再生银行 业产量前五国家分别为美国、中国、印度、德国、俄罗斯，产量分别为1572吨、1233吨、533吨、377 吨、332吨。中美两国拥有庞大的工业体系，既是白银消费主要国，也是白银回收大国，不仅产量位居 全球前列，回收技术也处于行业先进水平。印度作为银饰大国，再生银产量位居第三。全球再生银主要 来源于感光材料、电子产品、催化剂和银饰品回收等，其中工业为主 ...