Core Viewpoint - Gude Electric Materials (301680) successfully held an online roadshow on February 24, showcasing its critical position in the new energy vehicle supply chain as a core supplier of thermal runaway protection solutions for CATL (300750) [1] Group 1: Client Relationships - Gude Electric Materials has established itself as a first-tier supplier for major global automotive manufacturers, including General Motors, Ford, Stellantis, Toyota, BMW, Geely, Li Auto, and Xpeng [1] - The company maintains long-term stable cooperation with leading enterprises in the power sector, such as Dongfang Electric (600875), Shanghai Electric (601727), Harbin Electric, China West Electric (601179), and TBEA (600089) [1] - The collaboration with clients is characterized by deep binding features, requiring strict evaluations to be included in the qualified supplier system before receiving orders [2] Group 2: Product Development and Recognition - Gude Electric Materials engages deeply in the early development of client products, customizing complete thermal runaway protection solutions based on client needs, which enhances customer stickiness [2] - The company has received multiple honors, including the "2024 Supplier Quality Excellence Award" from General Motors and the "2024 Best Service Supplier" from Geely Group, reflecting its growing brand influence and market competitiveness [2]

据 香港交易所 披露， 摩根大通 （JPMorgan）对 宁德时代 新能源 科技股份有限公司- H股的多头持仓 比例于2026年2月20日从8.99%降至8.89%。 ...

1. Report Industry Investment Rating - Not provided in the report 2. Core Viewpoints of the Report - The BOC GEM 50 Index (026770/026771) is an over - the - counter passive index product of BOC Fund, which focuses on the GEM, selects stocks with strong liquidity, and has prominent technology - growth attributes, high R & D investment, and high - quality fundamentals. It performs well in a growth - dominant environment and has an advantage in rebound strength. The fund manager, BOC Fund, has rich experience and management scale [2][39]. 3. Summary According to the Directory 3.1 Index Features - **Index Compilation Method**: The GEM 50 Index consists of 50 stocks with large average daily trading volume in the GEM market, focusing on sample stock liquidity and highlighting investment attributes. It selects stocks by considering the average daily trading volume in the past 6 months and industry coverage, using free - float market capitalization weighting and adjusting every six months [7][8]. - **Weight and Market Value Distribution**: As of January 31, 2026, the index has 50 constituent stocks, with the top ten constituent stocks accounting for 65.27% of the total weight. The weight is highly concentrated in stocks such as CATL, Zhongji Xuchuang, and Xinyisheng. The average free - float market value of constituent stocks is 9.0192 billion yuan, and the average total market value is 14.3456 billion yuan, mainly concentrated between 2 billion and 5 billion yuan [9][12]. - **Industry Characteristics**: The index has prominent technology - growth attributes and is highly in line with new - quality productivity. The constituent stocks are concentrated in the power equipment and communication industries, with 9 stocks in each, accounting for 31.03% and 24.91% respectively. Compared with the GEM Index, it excludes industries with less prominent technology attributes such as agriculture, forestry, animal husbandry, and fishery, and has stronger growth attributes [17][22]. - **Fundamental Characteristics**: The GEM 50 Index further strengthens the innovation - growth attribute on the basis of the GEM Index. The R & D investment as a proportion of operating income reaches nearly 6%, and the annual return on net assets from 2020 to 2024 is between 14% and 20%, surpassing other representative broad - based indices [23][27]. 3.2 Index Investment Value Analysis - **Outstanding Performance in a Growth - Dominant Environment**: The GEM 50 Index focuses on GEM stocks with technology - growth attributes and performs well in a growth - dominant environment. Its cumulative returns in a growth - dominant environment far exceed those of the GEM Index and the China Securities Growth Index. The weekly average return in a growth - dominant environment since 2014 is 2.56%, higher than other indices [28][32]. - **Advantage in Rebound Strength**: Affected by the sector attributes, the GEM 50 Index is unique in the environment of sharp rises or rebounds. In the rebounds in 2022.4, 2024.9, and 2025.4, it shows a high rebound strength, and the rebound interval returns generally exceed those of comparable indices [36]. 3.3 BOC GEM 50 Index (026770/026771) - It is an over - the - counter passive index product of BOC Fund, starting to be raised on February 24, 2026, with a raising period from February 24 to March 13, 2026. The current fund managers are Ms. Li Nian and Mr. Yao Jin. The fund closely tracks the underlying index, aiming to minimize the tracking deviation and tracking error, with a management fee rate of 0.50% and a custody fee rate of 0.10% [39]. 3.4 Fund Manager and Fund Manager Information - **Fund Manager Introduction**: BOC Fund is a Sino - foreign joint - venture fund management company jointly established by the Bank of China and BlackRock. It currently manages 14 passive index products, with a total scale of 1.0043 billion yuan [41]. - **Fund Manager Introduction**: Ms. Li Nian has 9 years of securities experience, with a total scale of 299 million yuan in managed products. Mr. Yao Jin has 12 years of securities experience, with a total scale of 278 million yuan in managed products [43][44].

Core Insights - The total trading volume of the Shanghai and Shenzhen Stock Connect reached 319.54 billion, with Northern Rare Earth and CATL leading in trading volume for the Shanghai and Shenzhen markets respectively [1][2] - The non-ferrous metals sector saw the highest net inflow of funds, indicating strong investor interest [4][5] - The Brazilian ETF from E Fund experienced a remarkable 489% increase in trading volume compared to the previous trading day [10] Trading Volume Summary - The total trading amount for the Shanghai Stock Connect was 151.32 billion, while the Shenzhen Stock Connect totaled 168.22 billion [2] - The top traded stocks in the Shanghai market included Northern Rare Earth (1st, 19.19 billion), Zijin Mining (2nd, 18.82 billion), and Industrial Fulian (3rd, 18.17 billion) [3] - In the Shenzhen market, CATL topped the list with 28.88 billion, followed by Tianfu Communication (25.62 billion) and Zhongji Xuchuang (25.11 billion) [3] Sector Fund Flow Summary - The non-ferrous metals sector led with a net inflow of 5.36 billion, representing a net inflow rate of 3.23% [4] - Other sectors with significant net inflows included the communication sector (4.63 billion, 3.29%) and electrical grid equipment (3.75 billion, 4.33%) [4] - The computer sector experienced the highest net outflow at -12.41 billion, with a net outflow rate of -5.86% [5] Individual Stock Activity - Tongyuan Petroleum saw a significant increase of 14.51% with institutional purchases totaling 385 million [12] - Dongyue Silicon Materials achieved a strong limit-up, attracting 102 million from quantitative funds [15] - The top net inflow stocks included Zhongji Xuchuang (2.22 billion) and Huagong Technology (1.33 billion) [7] ETF Trading Summary - The A500 ETF Fund (512050) had the highest trading volume at 10.65 billion, with a 27.23% increase from the previous trading day [9] - The Brazilian ETF from E Fund (520870) had a staggering 489% increase in trading volume, making it the top performer in terms of growth [10]

Summary of Key Points Core Viewpoint - The trading volume of the Shanghai and Shenzhen Stock Connect reached a total of 319.54 billion, with Northern Rare Earth and CATL leading in individual stock trading volumes. The non-ferrous metals sector saw the highest net inflow of funds, while the Brazilian ETF experienced a significant increase in trading volume. Group 1: Trading Volume and Key Stocks - The total trading amount for the Shanghai Stock Connect was 151.32 billion, while the Shenzhen Stock Connect totaled 168.22 billion [1] - Northern Rare Earth topped the Shanghai Stock Connect with a trading volume of 1.919 billion, followed by Industrial Fulian and Zhaoyi Innovation [2] - CATL led the Shenzhen Stock Connect with a trading volume of 2.888 billion, followed by Tianfu Communication and Zhongji Xuchuang [2] Group 2: Sector Performance - The non-ferrous metals sector had a net inflow of 5.36 billion, representing a net inflow rate of 3.23% [3] - Other sectors with significant net inflows included electronics and communications, while the computer and cultural media sectors experienced the highest net outflows [4] Group 3: ETF Trading - The A500 ETF Fund (512050) had the highest trading volume at 10.6513 billion, with a 27.23% increase from the previous trading day [6] - The Brazilian ETF (520870) saw a remarkable 489% increase in trading volume, making it the top performer in terms of growth [7] Group 4: Institutional Activity - Tongyuan Petroleum saw a price increase of 14.51% with institutional purchases totaling 385 million [8] - The stock Zhongtung High-tech experienced a 10% increase with institutional purchases of 199 million [8] Group 5: Quantitative Fund Activity - Zhongji Xuchuang had the highest net inflow from quantitative funds at 2.218 billion, with a net inflow rate of 11.26% [5] - Other notable stocks with significant net inflows included Huagong Technology and China Railway [5]

倒计时44天 2026（第二届）起点锂电圆柱电池技术论坛暨圆柱电池20强排行榜发布会 活动主题： 全极耳技术跃升 大圆柱市场领航 活动时间： 2026年4月10日 活动地址： 深圳宝安维纳斯皇家酒店三楼维纳斯厅 （深圳国际会展中心京基百纳店） 主办单位： 起点锂电、起点研究院SPIR 春节假期后的首个交易日，国内碳酸锂市场以一场酣畅淋漓的上涨宣告强势回归。 2月24日，碳酸锂2605合约高开后维持在15.9万元附近窄幅震荡，最低价15.7万元，最高价16.6万元，涨幅10.56%； 25日碳酸锂2605合约 大幅高开，盘中一度突破17万元/吨关口，涨幅超过6%。 这一政策调整被视为市场流动性改善的信号，点燃了沉寂已久的锂矿板块做多热情。 上涨逻辑在于多方面， 一是季节性检修 +政策锁紧，国内外供应端扰动。 春节期间锂盐环节检修放假，短期供应收紧。春节期间的突发性事件与季节性检修，共同加剧了市场对短期供应收紧的担忧。节前国内锂云母原 料主产区有锂盐工厂突发火灾，虽未造成重大损失，但引发了市场对该区域生产稳定性的疑虑。 与此同时，春节期间部分锂盐厂按计划进入季节性检修阶段，导致当月国内碳酸锂排产预计环比有所下降。 ...

资料显示， 项目总投资达 23亿元，建设方湖北兴远科技有限公司 ，是兴山县人民政府国有资产监督管理局全资持股的国有企业。 "落子"湖北宜昌 2026（第二届）起点锂电圆柱电池技术论坛暨圆柱电池20强排行榜发布会 活动主题： 全极耳技术跃升 大圆柱市场领航 活动时间： 2026年4月10日 活动地址： 深圳宝安维纳斯皇家酒店三楼维纳斯厅 （深圳国际会展中心京基百纳店） 主办单位： 起点锂电、起点研究院SPIR 动储行业高景气激发产业链扩张热情。 2026年初，中国磷酸铁锂行业迎来新一轮高强度扩产浪潮。 日前，宜昌市生态环境局发布《湖北兴远科技有限公司年产 15万吨电池级磷酸铁锂建设项目第一次公示》。该项目选址湖北省宜昌市兴山县昭 君镇昭君村2组38号， 生产规模15万吨/年，建设内容包括电池级磷酸铁锂生产线， 以及强弱电、纯水站、循环及冷冻水站、空分制氮及空压 机、污水站等配套附属设施。 倒计时44天 据悉，兴远科技 公司成立于 2021年，成立时间相对较短，但已迅速聚焦于新能源材料领域的核心业务，特别是电池级磷酸铁锂的研发与生 产。短短几年内，公司已推进年产15万吨电池级磷酸铁锂项目的建设，显示出较强的项目推 ...

2025年中国圆柱电池市场迎来爆发式增长，大圆柱电池增速超40%，全极耳、高镍、硅碳等技术融合创新，为行业打开全新增长空间；2026 年，圆柱电池赛道持续高歌猛进，32、40、46、60 等大圆柱系列产品在动力、储能、消费电子等多领域快速放量，产业发展迎来新的黄金机 遇。 在此行业风口下， 2026（第二届）起点锂电圆柱电池技术论坛暨圆柱电池 20强排行榜发布会 将于 4月10日 在 深圳宝安维纳斯皇家酒店 重磅 启幕！ 本次盛会由起点锂电、起点研究院（SPIR）联合主办，以 "全极耳技术跃升 大圆柱市场领航" 为主题，汇聚600+行业精英，聚焦圆柱 电池前沿技术、工艺材料、市场应用与产业生态，打造一场专属圆柱电池赛道的顶级技术交流与资源对接盛宴。 作为2026年行业首届聚焦圆柱电池的技术高峰论坛，本次论坛重磅设置三大核心专场，从技术应用、新材料新工艺到全极耳大圆柱电池技术创 新，层层深入探讨产业核心议题。 圆柱电池技术与应用专场 将发布《2026中国圆柱电池白皮书》及权威的圆柱电池20强综合竞争力排行榜，深度解析高功率、高比能圆柱电池技 术发展，以及 40 系列、车规级大圆柱电池在储能、电动两轮车、汽车动力 ...

2月7日，欧洲电池企业 ACC正式终止德国、意大利超级电池工厂建设计划，目前仅存法国工厂艰难支撑。 ACC窘境：德意工厂终止，法国工厂雪上加霜 据起点锂电了解，ACC（Automotive Cells Company）是法国初创电池企业，成立于2020年，由 Stellantis、法国能源巨头道达尔子公司 Saft 和梅赛德斯・奔驰共同持股。 ACC成立之时，正处于全球锂电池发展高歌猛进之际，同样也是欧洲电池产业加速萌芽及发展的高光时刻，彼时涌现了诸如ACC、Northvolt、 Verkor等为代表的明星电池企业，并快速获得资本聚焦。 倒计时44天 2026（第二届）起点锂电圆柱电池技术论坛暨圆柱电池20强排行榜发布会 活动主题： 全极耳技术跃升 大圆柱市场领航 活动时间： 2026年4月10日 活动地址： 深圳宝安维纳斯皇家酒店三楼维纳斯厅 （深圳国际会展中心京基百纳店） 主办单位： 起点锂电、起点研究院SPIR 欧洲本土电池产业再传噩耗！ 此时，ACC被视为欧洲自产电池的主要代表之一，大手一挥，规划了法国、德国和意大利3座超级电池工厂，总投资约为70亿欧元，预计到 2030年合计产能达到120GWh。 ...

圆柱电池需求倍增风口之下， 2026（第二届）起点锂电圆柱电池技术论坛暨圆柱电池20强排行榜发布会 将于 4月10日 在 深圳宝安维纳斯皇 家酒店 重磅启幕！本次盛会由起点锂电、起点研究院（SPIR）联合主办，以 "全极耳技术跃升 大圆柱市场领航" 为主题，汇聚600+行业精 英，聚焦圆柱电池前沿技术、工艺材料、市场应用与产业生态，打造一场专属圆柱电池赛道的顶级技术交流与资源对接盛宴。 经组委会确认， 安徽嘉智信诺化工股份有限公司 将作为 钻石赞助商 重点支持 2026（第二届）起点锂电圆柱电池技术论坛暨圆柱电池20强 排行榜发布会 举办，同期 嘉智信诺 创始人/董事长 陈永康 将出席并发表以《 内阻降低超30%，5C倍率提升12% —— 一款已成功装车的超 分散剂实测数据解读 》为主题的演讲 ！ 欢迎行业人士前往参会交流，共探圆柱电池发展新机遇！ 企业简介 安徽嘉智信诺化工股份有限公司 （简称：嘉智信诺， 股票代码：831654 ）位于安徽省池州市东至经济开发区，成立于2008年5月。"嘉智信诺"是 聚焦特殊化学品技术研发、生产、销售和技术服务的高新技术企业。 在新能源领域，"嘉智信诺"主要从事高压实磷酸铁 ...