当消费电子迎来AI赋能的迭代浪潮，当新能源产业驶入高质量发展的快车道，捷邦科技(301326.SZ)正 以精密制造为基、以技术创新为翼，在两大黄金赛道上"换挡加速"，从精密制造领军者向多元化科技创 新企业跃升。 锚定高增长黄金赛道，打造新的业绩增长极 精准的赛道布局是捷邦科技未来持续成长的关键。目前，公司已构建起"消费电子精密制造+新能源新 材料"的双轮驱动格局。与此同时，捷邦科技还紧抓算力基础设施升级机遇，推出液冷散热模组产品， 获得了北美大客户送样资格，未来或有望成为公司新的利润增长点。 在消费电子领域，捷邦科技通过收购赛诺高德，实现了VC均热板蚀刻加工技术的突破，成为少数进入 果链的散热部件厂商之一。据了解，赛诺高德是国内手机VC均热板蚀刻加工领域的头部企业，在过去 多年的经营发展中沉淀了不少优质客户，也积累了过硬的技术能力与充足的产能储备，并且获得北美A 客户一级供应商代码。 随着赛诺高德进入并表带来的消费电子业务发力，捷邦科技的经营业绩从今年第三季度开始扭转。财报 显示，公司今年第三季度实现营收5.24亿元，同比增幅109.33%，实现归属于上市公司股东的净利润 2,544.72万元，同比激增加29 ...

| | 特定对象调研 分析师会议 | | --- | --- | | 投资者关系活动类别 | 媒体采访 业绩说明会 | | | 新闻发布会 路演活动 | | | 现场参观 其他 | | 活动参与人员 | 深圳市国诚投资咨询有限公司：张文俊、边立之 | | | 公司董事、董事会秘书、副总经理：张江山 | | | 公司证券事务代表：王英 | | 时间 | 2025 年 11 月 24 日 | | 地点 | 公司会议室 | | 形式 | 现场调研 | | | 一、公司的基本情况 | | | 公司成立于 1999 年，并于 2009 年上市，总部位于 | | | 浙江省台州市，是一家全球领先的含氟精细化学品制造 | | | 商，是行业内少数几家横跨无机及有机氟化工行业的企 | | | 业。以含氟技术为核心，公司已经覆盖的业务包括新型 | | | 材料（新能源锂电及氟化液材料）、医药、植物保护及 | | | 贸易业务等，且在上述行业公司均以丰富的产品类型覆 | | 交流内容及具体问答记 | 盖上中下游产业链。 | | 录 | 公司在浙江、内蒙古、福建、广东等地区布局了多 | | | 个生产基地，现有、在 ...

2025年11月24日，A股三大指数高开低走，光伏ETF华夏(515370)回调0.23%，持仓股微导纳米涨超 3%，聚和材料、大全能源涨超2%。 1月17日，在2025第八届中国国际光伏与储能产业大会开幕前夕，通威集团董事局主席刘汉元在接受媒 体采访时表示，中国必须摆脱高对外依存度的能源结构，凭借光伏、风电和储能等新能源实现自主可 控，并呼吁行业加强自律、推动协同创新，以支撑碳达峰碳中和目标实现。全世界只有6个国家能够生 产多晶硅，中国主导全球95%多晶硅产能的背景下，主要环节的参与者、龙头企业、链主企业或将迎来 5倍，甚至10倍以上的成长空间。在"十五五"规划明确提出"建设能源强国"的战略背景下，中国新能源 产业迎来历史性发展机遇。 中信证券认为，光伏产业链量、价、利已触底，2025年一季度末旺季来临后，行业库存压力会缓解，将 进入量价回升通道。从供给端看，2024-2025年光伏主链环节产能过剩度达60%-90%，但行政约束、自 律限产等手段叠加供给侧改革政策，会加速落后产能出清，2025下半年供给侧有望重构，技术和成本优 势突出的龙头厂商将率先引领行业反转。需求端上，国内装机稳中有增，欧美市场增速放缓 ...

有券商指出，低空经济已经迎来从宏观（国家层面产业规划）到中观（各地地方补贴）再到微观（基建 主机招标、应用场景打造）的纵向落地，建议关注低空经济后续板块行情。 低空经济产业增长势头强劲 低空经济作为国家战略性新兴产业，近年来实现跨越式发展，我国已从低空装备技术追赶阶段，逐步迈 向局部引领的关键转变。 央视新闻23日报道称，从正在江西举行的2025中国航空产业大会上获悉，预计2025年我国低空经济市场 规模将达到1.5万亿元，2030年有望突破2万亿元。 报道指出，产业规模的快速扩张背后，是低空装备产业的全面突破。数据显示，我国已有969家企业在 民用无人驾驶航空器产品信息系统完成了登记注册，备案产品3191种，超过478万架，全球首款四座电 动飞机获颁中国民航局型号合格证。 在政策推动下，我国低空经济先行先试举措已在新疆、粤港澳大湾区、长三角等区域取得显著示范成 效。其中，低空物流领域发展尤为迅猛，2024年全国新开低空物流航线超140条，即时配送行业订单量 达480亿单。据行业预测，到2035年我国无人机物流产值有望突破万亿元，未来年均增长率将保持在 20%左右。 低空经济领域传来利好消息！ 央视新闻23日 ...

Core Insights - Lithium iron phosphate (LFP) cathode materials have significant advantages in safety, cycle life, and cost due to their olivine structure and cobalt-nickel-free formulation, despite limitations in energy density and low-temperature performance [1][5][8] - The demand for LFP materials is driven by the electric vehicle (EV) and energy storage markets, with LFP battery installation in the power battery sector reaching an absolute dominance and over 90% in the energy storage sector [1][6][8] - The industry is transitioning towards high-end technology-driven competition, focusing on technological upgrades and vertical integration of the supply chain, leading to increased market concentration and further segmentation of application scenarios [1][6][10][12] Industry Overview - LFP materials (chemical formula: LiFePO₄) are a key component of lithium-ion batteries, characterized by a stable olivine crystal structure [2][3] - The LFP industry is supported by stable upstream supply of lithium, iron, and phosphorus, with leading companies enhancing product performance through diverse manufacturing processes [1][6] Market Dynamics - In the power battery sector, LFP battery installation reached 402.6 GWh in the first nine months of 2025, accounting for 81.5% of total installations, a year-on-year increase of 62.7% [6][7] - The energy storage market has seen rapid growth, with LFP batteries dominating new installations, achieving 20.58 GW/48.52 GWh in the first half of 2025, representing 94.21% and 87.95% of the market in power and capacity, respectively [7][8] Competitive Landscape - Major companies in the LFP sector include Hunan Youneng, Dofang Nano, and Fulian Precision, with varying production capacities and technological advantages [2][9] - The industry is witnessing a shift towards high-performance products, with companies like Hunan Youneng and Dofang Nano focusing on high-density and long-cycle life products to meet the demands of leading battery manufacturers [9][12] Future Trends - The LFP industry is expected to focus on high-end technological upgrades, improving energy density, fast charging, and low-temperature adaptability [10][11] - Vertical integration of the supply chain will become a mainstream trend, with companies enhancing control over upstream resources and establishing recycling systems to support sustainable development [11][12] - Market competition is shifting from price-based to value-based, with high-performance differentiated products becoming the core competitive advantage [12]

Core Viewpoint - Dawi Co., Ltd. has experienced a significant stock price increase of 51.01% from October 22 to November 21, 2025, driven by strong market sentiment and its dual business focus on semiconductor storage and lithium battery new energy [1][2]. Group 1: Company Performance - Dawi Co., Ltd. has seen its stock price rise sharply, with multiple instances of consecutive trading limits reached, indicating high market enthusiasm [1]. - The company reported a revenue of 879 million yuan for the first three quarters of 2025, marking a year-on-year growth of 9.9%, primarily due to the mass production of LPDDR5X products and the ongoing domestic substitution in the semiconductor supply chain [1][2]. - Despite the revenue growth, the company reported a net profit of -7.53 million yuan, although this represents a 71.58% year-on-year improvement, indicating challenges in achieving profitability [4][6]. Group 2: Industry Trends - The storage industry is experiencing a price increase, with major companies like Samsung and SK Hynix planning to raise DRAM and NAND flash prices by up to 30% in Q4 2025, driven by surging demand from AI and data centers [2][4]. - The lithium battery sector is also gaining momentum, with Dawi's project in Hunan province completing mineral resource registration and advancing from exploration rights to mining rights, highlighting the potential for resource value as lithium carbonate prices rise above 102,000 yuan per ton [2][4]. - The overall market sentiment is bolstered by the strong performance of the lithium mining concept and the semiconductor sector, with significant price movements in related stocks [4]. Group 3: Market Dynamics - Dawi Co., Ltd. has appeared on the trading leaderboard 27 times this year, reflecting active trading and interest from both institutional and retail investors [1][4]. - The stock has shown a high turnover rate of 43.55% on November 19, indicating significant market divergence and potential short-term volatility risks [4][6]. - Experts express cautious optimism regarding Dawi's dual business model, noting the potential for growth in both semiconductor storage and lithium battery sectors, while also highlighting concerns over high price-to-earnings ratios and the uncertain progress of lithium projects [6].

格隆汇11月20日丨浙商中拓(000906.SZ)在互动平台表示，公司新能源业务持续深耕光伏、锂电两大战 略性新兴产业领域，围绕上游矿产资源保供、中游新质生产力、下游应用场景构建全产业链发展体系。 2025年前三季度，公司新能源业务营业收入达85亿元。光伏领域，业务辐射江苏、山东、广东等20个省 份；锂电领域，碳酸锂贸易月经营实物量达8000吨，位于行业头部位置；大力推进的"两轮换电"业务， 已在全国31个城市落地实施，网点数量超1,000个。 ...

钯期货合约上市有关事项 1 （来源：中信建投期货微资讯） 来源：中信建投期货微资讯 11月14日，广期所发布铂、钯期货和期权上市交易有关事项的通知。根据通知，铂、钯期货合约自2025 年11月27日起上市交易，铂、钯期权合约自2025年11月28日起上市交易。 铂、钯因在氢能、汽车尾气催化剂、新能源制造等领域作用突出，一直被视作战略性关键金属。随着全 球新能源产业加速扩张，两者的供应紧张与价格波动愈发受到市场关注，此次上市也因此备受产业链期 待。钯期货合约上市相关信息及交易规则小编已整理好，下滑了解。 标准化合约 | 合约标的物 | 铝 | | --- | --- | | 交易单位 | 1000 克/手 | | 报价单位 | 元(人民币) /克 | | 最小变动价位 | 0.05 元/克 | | 涨跌停板幅度 | 上一交易日结算价±4% | | 合约月份 | 2、4、6、8、10、12月 | | 交易时间 | 上午 9:00-11:30, 下午 13:30-15:00, 以及交易所规定的其他时间 | | 最后交易日 | 合约月份的第 10个交易日 | | 最后交割日 | 最后交易日后的第3个交易日 | | 交 ...

11月19日，由常州市政府主办、市商务局承办的"新能源产业链合作对接交流会"举行。本次交流会 以"聚势新能源合作赢未来"为主题，汇聚全球新能源领域的龙头企业、科研机构专家及政府代表，集中 展示常州新能源产业硬核实力，现场16个重点项目集中签约，累计总投资近100亿元。 本次交流会的项目签约环节成果颇丰。16个重点合作项目分4批集中签约，涵盖动力电池、储能系统、 变压器、汽车零部件、智能电网等新能源产业核心领域，累计总投资近100亿元。交流会最后，常州向 全球新能源企业发出诚挚邀请，欢迎更多产业链上下游企业选择常州、投资常州、扎根常州，成为城市 发展的"铁杆合伙人"。 近年来，常州秉持"十年磨一剑"的长期主义，匠心专注发展新能源产业，在"发储送用网"五大领域构筑 全国最完整的产业链，加快打造代表江苏高质量发展水平、具有国际竞争力的新能源产业高地。 尤其值得关注的是，常州制造业产业覆盖度全国一流：动力电池产业链完整度达97%，全球每10辆新能 源汽车就有一辆搭载常州产电池；先后35次创造和刷新光伏电池转换效率世界纪录；变压器产量占全国 13.1%；新能源整车年产量近80万辆，正朝着万亿级国家战略性新兴产业集群奋进 ...

Core Viewpoint - Yongtai Technology's subsidiary is set to begin trial production of lithium battery additives, enhancing its production capacity and competitive position in the lithium materials sector [1] Group 1: Production and Capacity Expansion - Yongtai Technology's subsidiary, Inner Mongolia Yongtai Chemical Co., Ltd., has received approval for a trial production plan for a project with an annual capacity of 5,000 tons of lithium battery additives, set to commence on November 17, 2025 [1] - The production of the electrolyte additive product VC (Vinylene Carbonate) will increase to 10,000 tons per year, strengthening the company's scale advantages in the lithium battery materials sector [1] - The project is expected to bolster the company's market position and overall competitiveness in the lithium materials industry [1] Group 2: Financial Performance - In the first three quarters of 2025, Yongtai Technology achieved a revenue of 4.028 billion yuan, marking a year-on-year increase of 20.65%, and a net profit attributable to shareholders of 32.55 million yuan, indicating a turnaround from previous losses [2] - The company reported a revenue of 1.419 billion yuan in the third quarter of 2025, reflecting an 18.3% year-on-year growth, although it recorded a net loss of 26.25 million yuan, which represents a 79.42% reduction in losses compared to the previous year [2] - The improvement in profitability is attributed to price increases of products like VC, driven by structural changes in supply and demand dynamics [2] Group 3: Market Trends and Stock Performance - The price increase of products is linked to a dynamic balance formed by structural changes in both supply and demand, with sustained growth in the downstream power and energy storage markets [2] - The stock price of Yongtai Technology rose significantly, from 8.94 yuan per share at the beginning of 2025 to a peak of 33 yuan per share by November 18, 2025, representing a maximum increase of 269.13% [2]