长江商报消息 ●长江商报记者 黄聪 拓展海外生产基地，发力储能、机器人业务，富佳股份（603219.SH）正在"三手抓 "。 1月7日晚间，富佳股份发布的向不特定对象发行可转换公司债券预案显示，公司募集资金总额不超过7 亿元（含7亿元）。 长江商报记者发现，富佳股份此次募资总金额中，"越南生产基地（二期）建设项目"拟使用募集资金金 额3.28亿元，约占总募资的47%。 富佳股份主营吸尘器、扫地机器人等智能清洁类小家电产品及无刷电机等重要零部件的研发、设计、生 产与销售，同时积极拓展机器人产品业务与储能产品业务。 1月7日晚间，富佳股份发布的向不特定对象发行可转换公司债券预案显示，本次拟发行可转换公司债券 数量不超过700万张（含700万张），募集资金总额不超过7亿元（含7亿元），具体发行数额由公司股东 会授权公司董事会或董事会授权人士在上述额度范围内确定。 公告显示，富佳股份此次募集资金扣除发行费用后的募集资金净额拟用于投入"越南生产基地（二期） 建设项目"（总投资金额达3.46亿元，拟使用募资3.28亿元）、"工商业及户用储能系统产业化项目"（总 投资金额达2.66亿元，拟使用募资2.39亿元）和"智能粮仓 ...

中小银行存款利率调整现分化 "利率2.2%的三年期定存产品1月5日正式下架了，所有定存产品利率都下降了20个基点。"1月6日，苏商 银行营销人员告诉记者。新年伊始，中小银行存款利率密集调整。记者调研发现，除苏商银行外，武定 兴福村镇银行、徐闻农商银行、商南农商银行等十多家中小银行均于近日发布存款利率调整公告。值得 注意的是，与此前一刀切式的降息不同，近日中小银行存款利率调整呈现"有升有降""长短不同"的特 点。业内人士认为，存款利率下行的大趋势未变，越来越多中小银行根据自身经营状况灵活调整负债成 本和期限结构，主动开展精细化管理。（中证报） 人民币汇率"涨声"不断 三类资产配置价值升温 11家公司2025年净利润将创过去十年新高 2026年前2个交易日，近20家公司亮出2025年业绩成绩单。截至1月6日收盘，已有50余家公司披露2025 年全年业绩预告。按照业绩预告下限计算，11家公司2025年净利润将创过去十年新高，紫金矿业、立讯 精密2025年净利润下限位居11家公司前2位，前者2025年净利润下限高达510亿元，后者超过165亿元。 这11家公司中，有3家公司属于有色金属行业，除紫金矿业外，华友钴业、赤 ...

证券日报网讯1月6日，道氏技术（300409）在互动平台回答投资者提问时表示，目前，公司尚未直接开 发储能业务。公司三元前驱体、导电剂、硅碳负极材料等均可用于储能电池领域。 ...

每经AI快讯，有投资者在投资者互动平台提问：年末储能PCS市场迎来"量价齐升"期。由于多个省份储 能项目进入交付并网关键阶段，PCS交付紧张，价格出现抬头趋势，排产周期显著延长。储能逆变器作 为锦浪科技的核心业务之一，上半年储能逆变器同比增长300%，请问公司目前的储能PCS产品销量如 何，市占率能否进一步提升？ （记者 王晓波） 锦浪科技（300763.SZ）1月6日在投资者互动平台表示，储能业务是公司重点发展的业务领域之一，相 关订单正有序生产和交付中，具体销售数据请持续关注公司定期报告。 ...

证券日报网讯 1月5日，科力远在互动平台回答投资者提问时表示，子公司金丰锂业碳酸锂的规划产能 为3万吨/年，采取边生产边扩充产能的模式，2023年7月实现一期1万吨碳酸锂产线拉通投产，并于2023 年12月实现全面达产，同时一期工程建设已覆盖二期工程厂房、设备基础、公辅设施等，为后续快速建 成提供了有力保障。东联公司旗下的同安瓷矿已于2024年12月23日获取可采选规模为40万吨/年的采矿 许可证，目前矿山生产及建设均正常推进，随着碳酸锂生产原材料中自有矿的占比将逐步上升，制造成 本逐步下降。同时正对提锂技术进行革新，计划将该技术在二期项目进行应用，以进一步降低生产成 本，因此将综合考虑技术开发进度及市场行情变化等因素，加快推动二期产能拓展计划。公司在2023年 将科力远注册地变更至郴州，通过结合当地的锂资源优势，强化资源控制能力，从而与储能业务形成协 同。针对当地锂资源品位较低的特点，公司首先在郴州围绕提锂技术进行了创新研发和中试工作，暂未 于临武县建设选矿厂。当前公司旗下锂资源总储量预测不低于1200万吨，折合碳酸锂当量约40万吨，可 满足年产3万吨碳酸锂产能的十年以上开发需求，此外，公司通过结合大储能创 ...

Group 1: Investor Relations Activities - The company conducted multiple investor relations activities, including site visits and conference calls, with participation from various financial institutions and analysts [1] - Notable events included a site visit on December 16 with Guangzhou Haotou Private Fund and a conference call on December 29 with Great Wall Securities [1] Group 2: Energy Storage Projects - The company is progressing with its independent energy storage projects, aiming for the following operational timelines: - Qingyuan Phase II (100MW-200MWh) and Phase III (200MW-400MWh) targeted for Q1 2026 - Meizhou Pingyuan Phase I (100MW-200MWh) expected to be operational in a specified month of 2026 [2] - The company has a robust order situation in its energy storage business, ensuring timely and quality delivery of orders [2] Group 3: Technology and Product Development - The company emphasizes its expertise in high-power power electronics technology, producing most systems in-house, including PCS, EMS, BMS, and DMS [2] - High-voltage cascade energy storage systems offer significant advantages over low-voltage systems, including: - Higher power capacity, typically over ten times that of low-voltage systems - Simplified coordination and control due to fewer parallel units in large systems - Enhanced grid support capabilities and superior response characteristics [2] - The high-voltage cascade technology allows for effective reactive power compensation, crucial for voltage stability in the grid [2] Group 4: Market and Investment Insights - The company is monitoring policies in other provinces and abroad for potential investments in independent energy storage stations, focusing on economic viability and feasibility [3] - Updates on the IPO progress of the invested Yuxin Semiconductor should be referenced from official communications from Yuxin Semiconductor and relevant regulatory bodies [3]

证券日报网讯 12月30日，安孚科技（603031）在互动平台回答投资者提问时表示，2025年，公司参股 子公司合孚能源持续聚焦储能业务，积极拓展境内外市场，业务保持了良好发展态势。一方面，合孚能 源把握国内电力市场化改革深化、峰谷电价差扩大及新能源消纳需求增长的机遇，为工厂、园区、商业 楼宇等客户提供削峰填谷、需量管理、后备电源等综合能源服务，同时统筹各方资源保障项目安全、稳 定及按期交付。另一方面，合孚能源加速推进全球化战略，深化现有海外市场客户合作，推动代理模式 落地，强化重点区域市场跟踪与支持，提升品牌影响力；持续评估并拓展其他潜力新兴市场，助力全球 业务规模稳步扩张。对于公司将来是否收购合孚能源股权等投资事宜，公司将结合市场环境、公司财务 状况及战略规划等多方面因素综合研判，审慎评估并制定最适合的策略。 ...

Core Viewpoint - Ford is shifting its focus from producing large electric vehicles to a new battery storage business, utilizing lower-cost lithium iron phosphate (LFP) batteries to power data centers and assist in balancing grid loads [3]. Group 1: New Business Strategy - Ford plans to invest approximately $2 billion (around 14.125 billion RMB) in the new battery storage business over the next two years, aiming for an annual production capacity of 20 GWh starting in 2027 [4]. - The company will repurpose its existing manufacturing facilities in Kentucky to produce LFP batteries, which are licensed from China's CATL, and will also manufacture battery storage system modules and 20-foot DC container storage systems [4][5]. - The primary market for this new business will be commercial grid customers, followed by data centers, with plans to eventually introduce home storage products [4]. Group 2: Market Position and Competition - Ford is not the only automaker entering the energy storage sector; Tesla has been selling storage products for the past decade, deploying approximately 10 GWh each quarter, while General Motors has also launched battery storage products for residential and commercial users [4]. - Lisa Drake, Ford's Vice President of Technology Platform and Electric Vehicle Systems, emphasized that the preferred technology among customers is containerized storage systems using LFP prismatic cells, making Ford's entry into this market a natural strategic extension [4]. Group 3: Production Adjustments - The BlueOval Battery Park in Michigan is still on track to begin mass production of LFP batteries in 2026, although the plans have been adjusted to include smaller amp-hour cells for residential energy storage solutions, indicating a broader storage strategy beyond commercial clients [4]. - The Michigan facility has undergone multiple adjustments, including a $3.5 billion (approximately 24.719 billion RMB) investment announced in February 2023, which was later reduced to a capacity of 20 GWh, a decrease of about 43% from the initial plan [5].

证券日报网讯 12月23日，宝光股份在互动平台回答投资者提问时表示，10月公司原董事长谢洪涛因工 作变动原因辞去了公司董事长等职务，12月公司副总经理彭大鹏因个人原因辞去职务，这属于正常的人 事调整，公司经营未受到影响。公司将继续按照既定战略稳步推进各项工作。针对业绩推动情况，公司 通过坚持科技创新引领，优化产品结构，提升核心竞争力等多项举措推动业绩提升。首先，公司加强技 术创新，如在"252kV真空灭弧室"和"550kV1/2极真空灭弧室"等国家重点研发计划项目上取得积极进 展。其次，公司积极拓展国内外市场，轨道交通用、有载分接开关及高电压真空灭弧室等核心技术产品 销售收入同比大幅增长，成为公司重要的利润增长极；高电压灭弧室成功进入欧美市场，并在南亚市场 实现销量翻番。此外，公司通过赋能控股子公司凯赛尔科技，进一步保障了真空灭弧室的市场份额。同 时，公司积极调整储能业务发展战略，专注辅助调频服务市场细分领域等高毛利业务，拓展氢能业务， 扩大营收规模。 （文章来源：证券日报） ...

Summary of BYD's Conference Call Company Overview - **Company**: BYD Company Limited - **Industry**: Automotive Manufacturing, specifically Electric Vehicles (EVs) and Battery Production Key Points 1. Overseas Expansion and Battery Sales - BYD emphasizes overseas expansion and external battery sales as key growth drivers for 2026, despite investor concerns about domestic market share loss [3][13] - The management targets 1.6 million overseas EV sales in 2026, contributing an estimated net profit increase of 15 billion RMB compared to 2025 [4][11] 2. Sales and Production Goals - BYD aims to achieve 1.6 million overseas EV sales in 2026, exceeding market expectations of 1.4 million, representing a growth of 700,000 units from 2025 [4][11] - New production capacities in Brazil and Hungary are expected to add 300,000 units by H2 2026 [4][18] 3. Battery Business Growth - BYD's external battery sales are projected to account for one-third of its 300 GWh battery production in 2025, up from one-fifth in 2024 [5][12] - The company has secured significant ESS (Energy Storage System) projects, including a 12.5 GWh project in Saudi Arabia [5][36] 4. Financial Performance and Valuation - The target price for BYD shares has been adjusted from 147 RMB to 125 RMB due to increased domestic competition, with a current P/E ratio of 17 times the expected earnings for 2026 [6][61] - BYD's current stock price reflects a 6x EV/EBITDA for 2026, which is considered undervalued compared to historical ranges for competitors like Toyota [6][61] 5. Profitability Metrics - The gross profit margin for overseas sales is significantly higher than domestic sales, with overseas sales contributing a gross profit margin of 27.3% compared to 17.7% domestically [33][34] - The estimated net profit contributions from overseas sales are projected at 10 billion RMB for 500,000 units and 15 billion RMB for 700,000 units in 2026 [4][11] 6. Market Position and Consumer Recognition - BYD has seen a rise in consumer recognition, becoming the fourth most considered EV brand globally, driven by strong performance in markets outside China [24][25] - The company plans to expand its retail presence in Europe, aiming for 1,000 stores by the end of 2025 and 2,000 by the end of 2026 [4][31] 7. Risks and Challenges - Investor concerns regarding geopolitical tensions, trade protectionism, and increasing competition may impact BYD's overseas expansion sustainability [19][55] - The stock has seen a decline of 20% since August 2025 due to lowered profit expectations and competitive pressures [55] 8. Future Outlook - BYD's management remains optimistic about achieving its sales targets, supported by local production, expanded retail channels, and increasing consumer acceptance [11][17] - The company is positioned to benefit from the growing demand for ESS and external battery sales, which are expected to enhance profitability [12][47] Additional Insights - BYD's battery production capacity is approximately half that of CATL, yet its market valuation is significantly lower, indicating potential undervaluation of its battery business [38][40] - The company has established partnerships with various automakers for battery supply, indicating a shift towards becoming a third-party battery supplier [40][41]