证券日报网讯 12月16日，比亚迪在互动平台回答投资者提问时表示，公司始终聚焦新能源汽车主业， 致力于通过技术创新，满足人们对美好生活的向往。近年来，在全球新能源汽车市场快速发展的背景 下，公司把握历史性发展机遇，持续提升产品竞争力，销量稳步增长，2024年销量427万台，蝉联中国 汽车市场车企销量冠军、中国汽车市场品牌销量冠军和全球新能源汽车市场销量冠军。今年第三季度， 比亚迪位列全球车企销量第五（汽车全口径）。这得益于广大用户的认可和产业链伙伴的支持、广大股 东的信任。"路虽远，行则将至，事虽难，做则必成。"未来，公司将继续深耕技术研发，提升产品竞争 力，推动新能源汽车产业发展，踏实走好每一步，以持续稳健的业绩回报股东和社会。 （编辑 任世碧） ...

在长三角的制造版图上，宁波正经历一场静默但深刻的产业跃迁。 2025年1-10月，宁波整车产量64.5万辆，其中新能源汽车产量28.6万辆；而在上一年，该市896家规上汽 车制造业实现产值4191.7亿元，同比增长24%，占全市工业规上产值的16%，对工业增长贡献率超 50%，新能源汽车产量占据浙江省四成以上，实现翻倍增长。 然而，数字背后更值得关注的是其独特的产业演化路径：它没有选择追逐单一明星企业的"盆景式"发 展，而是培育了一片根植于本地、枝干分明、协同进化的"热带雨林"。从上汽大众的全球柔性工厂，到 吉利-极氪的本土化垂直整合；从均胜、圣龙等传统零部件巨头的"大象转身"，到东方理工大学孙学良 院士实验室里关乎行业终局的固态电池突破——宁波正在编织一张从应用市场穿透至基础研究的产业创 新网络。 整车制造：双核驱动与"本土根系" 供应链的"冠军集群"与"适应性进化" 如果整车企业是宁波新能源汽车产业的"门面"，那么隐藏在其后的庞大供应链体系则是支撑这一产业 的"脊梁"。宁波拥有超过5000家汽车零部件企业，其中隐藏着大量细分领域的"隐形冠军"。新能源汽车 的浪潮并未冲垮这座传统优势堡垒，反而激发了其强大的 ...

（文章来源：每日经济新闻） 新能源车ETF（159806）跟踪的是CS新能车指数（399976），该指数从沪深市场中选取涉及锂电池技 术、电动汽车制造以及新能源汽车产业链上中下游相关业务的上市公司证券作为指数样本，以全面反映 中国新能源汽车产业的技术进步和发展趋势。 浙商证券指出，2024年以来锂电池和主材行业资本开支快速下降，有效供给增加受限，而商用车和储能 的经济性提升有望驱动2026年动储电池出货继续高增，使得锂电池及主材供需格局有望进一步改善，龙 头公司盈利能力和利润水平有望修复。固态电池有望在2026年迎来装车测试，核心挑战是真实路况下的 固-固界面接触改善，由此带来材料级、电芯级及系统级的投资机会。此外，固态电池能量密度提升或 将继续，无负极结构和富锂锰基正极有望迎来更多进展。2026年锂电池、三元正极、LFP正极、负极、 隔膜、6F、铝箔行业的产能利用率均有不同程度提升，分别有望达到 68%/37%/75%/81%/89%/98%/88%。高开工率支撑下，主材价格将进一步转好。 ...

新能源车ETF（159806）跟踪的是CS新能车指数（399976），该指数从沪深市场中选取涵盖新能源汽车 产业链上游材料、中游零部件及下游整车制造等环节的上市公司证券作为指数样本，全面反映新能源汽 车产业相关企业的整体表现。CS新能车指数以机动车和电子产品为核心配置领域，同时兼顾能源开采 等辅助产业，突出技术创新与市场竞争力的行业特征，其成分股结构充分体现了中国新能源汽车产业的 发展趋势。 （文章来源：每日经济新闻） 申港证券指出，当前动力和储能电池行业因过度竞争导致企业利润率普遍承压，但通过治理非理性竞 争、加强知识产权保护，行业竞争环境将更加公平有序，企业盈利空间有望逐步改善。政策引导下，具 备技术优势、规模效应和品牌影响力的头部企业将获得更多资源，行业集中度有望提升，供需格局将改 善。海外市场将成为重要增长极，在"合理有序出海"政策引导下，国内企业技术优势有望获得充分溢 价。工信部将科学编制"十五五"规划，加大技术创新支持，强化标准引领，提升产业治理水平，为高质 量发展创造良好环境。总体来看，政策与市场协同发力将推动行业突破瓶颈，培育全球竞争力。 ...

截至2025年12月1日 09:54，中证新能源汽车产业指数(930997)强势上涨1.47%，成分股天华新能(300390) 上涨10.90%，德福科技(301511)上涨5.75%，星源材质(300568)上涨5.61%，多氟多(002407)，中矿资源 (002738)等个股跟涨。新能车ETF(515700)上涨1.50%，最新价报2.44元。（二级市场涨幅，不代表基金 实际收益。） 消息面上，零跑汽车称，11月，零跑全系交付再创新高达70327台，同比增长超75%，持续刷新月销纪 录，连续九个月保持增长态势。此外，2025年11月，小米汽车交付量持续超过4万台。数据来源于小米 汽车数据中心，统计时间为2025年11月1日0点至11月30日24点，以全系整车实际交付为口径。 新能车ETF(515700)，场外联接(平安中证新能源汽车ETF发起联接A：012698；平安中证新能源汽车 ETF发起联接C：012699；平安中证新能源汽车ETF发起联接E：024504)。 数据来源：wind 风险提示：基金有风险，投资需谨慎。基金管理人承诺以诚实信用、勤勉尽责的原则管理和运用基金资 产，但不保证本基金一定盈利 ...

Core Insights - The article highlights the vitality of China's automotive industry through the lens of the Hainan Automotive Testing Ground, showcasing its role in the development of new energy vehicles [2][3] - The testing ground is recognized as China's only comprehensive automotive testing base in a tropical climate, attracting international media attention [2] Group 1: Automotive Testing Ground - The Hainan Automotive Testing Ground features high temperatures, humidity, and corrosion, providing diverse testing conditions that are crucial for vehicle performance [2] - Journalists from 33 countries experienced the rigorous testing processes, emphasizing the importance of such facilities in addressing automotive transportation issues globally [2] Group 2: International Collaboration and Opportunities - The event underscores Hainan's unique advantages in the automotive industry, positioning it as a potential international hub for automotive research and testing [3] - The advanced facilities and professional operations at the testing ground reflect the rapid development of China's new energy vehicle sector, offering new opportunities for collaboration among "Global South" countries [3] - As Hainan Free Trade Port continues to develop, it is expected to serve as a vital link between China and "Global South" markets, enhancing innovation and cooperation in the new energy vehicle industry [3]

从行业背景来看，隆华新材的产能加码恰逢聚醚多元醇行业结构性调整期。国内聚醚多元醇行业集中度 近年来持续提升，前五大企业市场份额已处于较高水平，头部企业凭借上游环氧丙烷一体化配套优势占 据主导地位。同时，原材料端的成本压力正逐步缓解——作为聚醚生产核心原料的环氧丙烷，近期市场 价格呈现同比下行态势，环氧乙烷价格亦因乙烯供应宽松呈现回落趋势，为新增产能释放提供了成本支 撑。 据公告披露，此次投产的项目聚焦高活性软泡聚醚多元醇与CASE用聚醚多元醇两大品类，产品用于汽 车内饰、鞋服保暖材料、胶黏剂及发泡胶等领域。在汽车领域，隆华新材已与多家知名汽车主机厂或零 部件、饰件厂商建立稳定合作关系。此次产能扩张顺应了新能源汽车产业增量需求的布局。 中化新网讯 11月20日，隆华新材发布公告称，总投资1.5亿元的33万吨/年聚醚多元醇扩建项目已建成投 产，并产出合格产品。随着该项目落地，该公司聚醚系列产品总产能达到129万吨/年。 ...

Core Insights - The election of Lian Yubo as an academician by the Chinese Academy of Engineering marks a significant milestone, as he is the first technical leader from a private enterprise in the new energy vehicle (NEV) sector to receive this honor, reflecting the industry's transition from following to leading in technology [2][3] Group 1: Industry Development - The Chinese NEV market has experienced rapid growth, with production and sales surpassing 900 million units in 2024, accounting for over 60% of the global market share [3] - In 2015, NEV production and sales first exceeded 1% of the overall automotive industry, establishing China as the largest NEV market globally [3] - The market penetration rate of NEVs has increased from 1% in November 2015 to 40.3% by November 2024, indicating a strong upward trend [5] Group 2: Company Achievements - Lian Yubo has led the development of over 20 vehicle models and more than 100 products during his 20 years at BYD, significantly contributing to the company's success in the NEV sector [2] - The introduction of the blade battery technology and the DM-i super hybrid system has set new safety standards and established BYD as a leader in the industry [2][3] - BYD's sales are projected to exceed 3 million units in 2024, making it the global sales champion in the NEV market [3] Group 3: Future Projections - The domestic NEV sales are expected to reach 17 million units by 2025, with a market share approaching 58% [7] - The "old-for-new" policy is anticipated to cover approximately 25 million passenger vehicles, potentially driving an additional 2 million units in new consumption [7]

Core Points - The event "2025 Dongfeng Wanli Shenzhou Tour" was held in Shenzhen, marking the first implementation of "Car Valley" consumption vouchers in the Greater Bay Area, allowing cross-regional benefits [1][6] - A total of approximately 2,000 vehicles were ordered during the event, showcasing the strong demand for "Wuhan-made" and "Car Valley-made" vehicles [1][6] Group 1 - The event featured over ten models of Dongfeng vehicles, including the new Lantu Dreamer and Lantu Taishan, attracting significant local interest [2][3] - Consumers can enjoy subsidies ranging from 2,000 to 6,000 yuan when purchasing "Car Valley" vehicles, with the promotion running until December 31, 2025 [6] - Dongfeng's Vice General Manager emphasized Shenzhen's role as a key market for the company, highlighting its similarities with Wuhan in terms of openness and innovation [6] Group 2 - The event also showcased agricultural products from Wuhan, indicating a broader promotional strategy beyond just automotive [6] - This event marks the first time the "Dongfeng Wanli Shenzhou Tour" has entered South China, with plans for further promotions in ten major cities nationwide [6]

Core Viewpoint - The company emphasizes its production line's versatility, enabling it to produce various polyurethane composite materials and respond flexibly to order demands [1] Group 1: Product Focus - The company will concentrate on developing high-performance products that are scratch-resistant, wear-resistant, hydrolysis-resistant, and aging-resistant [1] - The focus will also include multifunctional features such as antibacterial, flame-retardant, and low VOCs, alongside ecological and environmental characteristics [1] - The company aims to maintain a high cost-performance ratio while enhancing product advantages to align with the development trends of the new energy vehicle industry [1]