文 | 石嘴山市大武口区发展和改革局 8月25日，石嘴山市大武口区发展和改革局关于废止一批新型储能项目的公告发布。 四个项目总规模达6 5 0MW/ 1.8GWh，计划投资共292235.9万元，项目详情如下： 附件：废止项目清单 | 序号 | 项目名称 | 项目规模 | 建设单位 | 建设地点 | 备案时间 | 项目计划投 | 清理废止 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | | 资 | 原因 | | 1 | 国润大武口 200MW/400MWh | 200MW/ | 石嘴山市大武口 | 大武口区 | | 78235.87万 | 备案文件 | | | 共享储能电站项 | 400MWh | 区国润能源发展 | 长胜街道 | 2023年4月 | 元 | 逾期 | | | | | 有限公司 | | | | | | | ■ | | | | | | | | 2 | 石嘴山市佳胜潮 湖 100MW/200MWh | | | | 2023年8月 | 38000万元 | 备案文件 | | | | 100MW/ | 石嘴山市佳胜新 | 大 ...

科威尔技术股份有限公司 2025 年半年度报告 公司代码：688551 公司简称：科威尔 科威尔技术股份有限公司 科威尔技术股份有限公司 2025 年半年度报告 重要提示 一、 本公司董事会及董事、高级管理人员保证半年度报告内容的真实性、准确性、完整性， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 重大风险提示 公司已在本报告中阐述公司在生产经营过程中可能面临的风险，敬请查阅 "第三节 管理 层讨论与分析 " 之 "四、风险因素 " 。 三、 公司全体董事出席董事会会议。 四、 本半年度报告未经审计。 五、 公司负责人傅仕涛、主管会计工作负责人葛彭胜及会计机构负责人（会计主管人员） 桑均均声明：保证半年度报告中财务报告的真实、准确、完整。 六、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 不适用 七、 是否存在公司治理特殊安排等重要事项 □适用 √不适用 八、 前瞻性陈述的风险声明 √适用 □不适用 本报告中涉及的公司经营计划、发展战略等前瞻性陈述，不构成公司对投资者的实质性承 诺，敬请广大投资者注意投资风险。 九、 是否存在被控股股东及其他关联方非经营性占用资金情 ...

锂：锂价伏渊，行情破晓在望 20250824 摘要 碳酸锂价格受宏观情绪和政策影响显著，流动性宽松导致资金涌入期货 市场，对现货价格产生影响，需从多方参与者角度分析价格走向。 2025 年上半年，碳酸锂市场经历预期与现实的博弈。一季度乐观预期 落空，宁德时代复产冲击市场；二季度悲观预期压制需求，多晶硅政策 引导市场转向。 短期内，9-10 月需求增长和供给侧数据下降预计将推动碳酸锂价格在四 季度迎来第二波上涨，但若无强劲因素，价格或维持在 8-9 万元区间。 长期来看，除非主要供应商停产导致供给出清，否则 2026 年碳酸锂市 场可能再次探底，但底部与 2025 年相近，需观察价格对供给节奏的扰 动。 锂矿股已见底并呈上升趋势，即使碳酸锂价格回调至 6 万元，股票也不 太可能回到前低，回调 30%左右是较好的买入机会，长期持有优质锂矿 股胜率较高。 未来一两年内，碳酸锂平均价格大概率维持在 6.5-7.5 万元区间，极端 情况下的价格波动不具备持续性，该区间更能代表市场真实情况。 未来三年，碳酸锂供给增速放缓至年化 15%，需求预计年化增长 20%，2026 年可能出现过剩但幅度低于 2025 年，2027 ...

北京商报讯（记者 陶凤 实习记者 王天逸）8月24日，格林美股份有限公司发布公告称，已于8月21日召 开董事会、监事会，审议通过赴港发行H股并在香港联交所主板上市的系列议案，正式启动H股上市筹 划工作。 公告显示，格林美此次发行H股旨在满足公司全球化发展需要，深入推进全球化战略，提升国际品牌形 象和综合竞争力，更好地借助国际资本市场多元化融资渠道，助力公司可持续发展及管理。 公开资料显示，格林美成立于2001年，总部位于深圳，主营业务为新能源材料制造与城市矿山开采，形 成了"电池回收—原料再造—材料再造—电池包再造—新能源汽车服务"的全生命周期价值链。公司在国 内率先提出"资源有限、循环无限"的产业理念，积极构建废旧电池与钴镍钨稀有金属废物回收利用的核 心技术体系，目前已在全球建成十六大循环产业园，是中国开采城市矿山的先行者与世界新能源产业的 推动者。 ...

以下文章来源于深氪新消费 ，作者朱末 深氪新消费 . 深氪新消费成立于2016年，聚焦新经济，关注新消费、新零售等领域的商业进化。 本文来自微信公众号： 深氪新消费 ，作者：朱末，原文标题：《边疯涨边倒闭，千家门店关门停 业：每克突破1000元，金店老板们却扛不住了》，头图来自：AI生成 "黄金的价格增长就像座活火山，一旦爆发，增幅不只是百分之几，而是几倍。" 在2020年的一场研讨会上，中泰国际首席经济学家李迅雷如此形容黄金上涨的历史趋势，强调这座 活火山已进入活跃期，会喷发一下再停停，停了之后马上又会喷发，没想到一语成谶。 国内金价的飙涨，已经不是创纪录那么简单，而是达到了前所未有的疯狂。2022年初，全球黄金价 格还稳定在每盎司1800美元左右，到2022年底，金价已突破2000美元大关。 进入2023年，金价进一步推高，到当年9月突破2500美元；2024年底，黄金价格突破2700美元； 2025年3月，继国际金价突破3000美元大关之后，国内金价随即迎来了"千元时代"，多家黄金珠宝品 牌金价突破每克1000元，站上新的整数大关。 | | 金至尊今天黄金价格多少一克 金至尊金店铂金价格(2025年4月 ...

习近平总书记强调："生态环境问题归根到底是发展方式和生活方式问题。"实现高质量发展，必须 转变能源发展方式，推动主体能源从化石能源向清洁能源转型，实现绿色低碳发展。 园林之城苏州，绿潮涌动。从一件快递的"低碳智慧"到一个鱼塘的"自我供电"，再到新能源产业 的"万亿展望"，苏州正将可持续发展的宏大叙事，编织进日常生活场景以及产业转型发展的肌理之中。 从行业领域的创新，到产业集群的变革，苏州以科技发展为笔，以生态保护为墨，所擘画的绿色发展新 图景，正在姑苏大地全域铺展。 智慧且低碳 "快件已到达转运中心，场地已覆盖光伏供电，打造低碳智慧物流，共赴零碳未来！"最近查看快递 物流信息，细心的市民会发现，信息中多了这样一行字，让人对智慧物流有了新的认识，更感觉到自己 与低碳的关系变得更近了。 实际上，低碳物流、智慧物流，在苏州的物流产业已成共识。走进位于姑苏区金阊新城的苏州邮政 长三角电商产业园，只见1号车间屋顶上，上万平方米的空间内，整齐排列着的光伏板，正源源不断地 为产业园供电。"光照条件好，全负荷运转的时候，完全可以满足产业园的用电需求，降低了成本，还 实现了低碳发展。"苏州邮政长三角电商产业园相关负责人韩志刚介 ...

Investment Rating - The report gives a "Buy" rating for the company, indicating a positive outlook for its stock performance [3]. Core Views - The company is positioned as a leader in the wind power precision transmission sector, with a significant recovery expected in the wind power gearbox market by 2025, leading to a substantial increase in revenue [1][3]. - The company is shifting its strategic focus towards the higher-margin wind power gearbox market, which has a gross margin of 20-25% [1][2]. - A strategic partnership with Goldwind Technology is expected to accelerate the company's entry into the gearbox market, enhancing its competitive position [3]. Summary by Sections Company Overview - The company has been dedicated to the research, production, and sales of wind power gearboxes and reducers for over 20 years, with a focus on providing precision transmission solutions for the renewable energy sector [15]. Market Dynamics - The wind power gearbox industry has high entry barriers, high concentration, and high gross margins, with over 90% of wind turbines requiring gearbox components [2]. - The global wind power demand is anticipated to continue growing, with 80% of the gearbox production capacity located in China, benefiting domestic suppliers [2][12]. Financial Projections - The company is expected to achieve a significant revenue increase in 2025, with projected revenues of 1.25 billion yuan, reflecting a year-on-year growth of 262.4% [4]. - Forecasted net profits for 2025, 2026, and 2027 are 36 million yuan, 249 million yuan, and 358 million yuan, respectively, indicating a strong recovery and growth trajectory [3][4]. Strategic Initiatives - The company has signed an investment agreement to build a "Wind Power Gearbox Smart Factory" project, which is expected to enhance production capacity significantly [1][3]. - The first phase of the factory is scheduled to be completed and operational by the end of 2025, with an annual production capacity of 2,000 wind power gearboxes [1]. Financial Metrics - The company reported a revenue of 553 million yuan in 2023, which is expected to decline to 345 million yuan in 2024 before rebounding sharply in 2025 [4]. - The projected P/E ratios for 2025, 2026, and 2027 are 125.6, 18.3, and 12.7, respectively, indicating a potential for significant valuation improvement as earnings recover [3][4].

Core Viewpoint - Nabaichuan, under the "strategic partner of CATL" label, is facing challenges with its IPO due to declining profitability despite increasing revenue, amid concerns of overcapacity in the liquid cooling plate industry [1][3]. Financial Performance - Nabaichuan's revenue from 2022 to Q1 2025 was 1.031 billion, 1.136 billion, 1.437 billion, and 337 million respectively, while net profit for the same periods was 113 million, 98 million, 95 million, and 15 million [3]. - The battery liquid cooling plate business accounted for over 80% of Nabaichuan's revenue, with revenue shares of 79.79%, 85.34%, 83.78%, and 92.27% during the reporting period [3]. - The company's gross profit margin has been declining, with figures of 22.00%, 19.43%, 17.54%, and 14.34% over the same period [7]. Customer Dependency - Nabaichuan's sales to CATL have decreased, with CATL's contribution to revenue dropping from 53.73% in 2022 to 44.39% in Q1 2025 [3][4]. - The top five customers in Q1 2025 included CATL with a sales share of 34.49%, down from 37.04% in 2024 [4]. Industry Competition - The liquid cooling plate industry is experiencing aggressive capacity expansion from competitors like Sanhua Intelligent Control and Yinlun [1]. - Nabaichuan's cost control is not competitive compared to peers, with operating costs increasing significantly [10][11]. Inventory and Cash Flow Concerns - Nabaichuan's inventory has been rising, reaching 220 million by Q1 2025, raising concerns about potential depreciation risks [13]. - The company reported negative operating cash flow of 56.5 million in Q1 2025, a decline from positive cash flows in previous years [13]. Future Outlook - Nabaichuan plans to raise 829 million through its IPO, with significant investments in expanding production capacity [14]. - The company faces risks if it cannot improve profitability and manage cash flow effectively, especially in a competitive pricing environment [15].

Core Viewpoint - The court ruled against a bus company's request to terminate a contract and demand a full refund for defective batteries, stating that the contract's purpose had been partially fulfilled and that allowing termination would create an imbalance in rights and obligations between the parties [1][2][3]. Group 1: Contractual Obligations and Disputes - The bus company and the battery supplier had a contract that included a five-year or 200,000-kilometer warranty, with a stipulation that battery capacity should not fall below 80% during the warranty period [1][2]. - After three years, the bus company claimed that the batteries had degraded too quickly, leading to insufficient vehicle range, and sought to terminate the contract and receive a full refund [1][2]. - The battery supplier acknowledged the degradation but argued that it was a natural phenomenon and offered to assist with repairs and provide backup batteries [2][3]. Group 2: Court's Rationale - The court found that while the battery supplier had breached the contract by not meeting the degradation standards, the breach did not fundamentally prevent the contract's purpose from being achieved [2][3]. - The batteries were delivered in compliance with the contract, and by the time of the dispute, they had been used for nearly three years, with mileage close to or exceeding two-thirds of the warranty limit [2][4]. - The court emphasized that allowing the bus company to unilaterally terminate the contract would unfairly benefit them, as they would have used the batteries for over three years without payment [5][6]. Group 3: Implications for the Industry - The case highlights the challenges in the rapidly evolving new energy sector, particularly regarding the performance and degradation of batteries [4][6]. - The court's decision reflects a need to balance consumer rights with the sustainable development of the new energy industry, ensuring that legal interpretations do not hinder technological advancements [4][6]. - The ruling suggests that courts may adopt a more lenient approach towards performance defects caused by technical challenges, promoting innovation while maintaining fairness in contractual relationships [6].

蔚蓝锂芯 上半年锂电池出货量约3.1亿颗 01 8月19日，蔚蓝锂芯在投资者调研纪要中披露，公司上半年锂电池出货量合计约3.1亿颗，其中二 季度约1.77亿颗，一季度约1.33亿颗。 对于出货量提升，公司认为主要源于行业复合增长及深耕国际大客户、向中高端领域迈进。全年目 标为销量增长50%以上。 宁德时代 再落子福建厦门 02 8月20日，厦门时代新能动力科技有限公司成立，法定代表人为陈伟峰，注册资本20亿元，位于 福建省厦门市翔安区，经营范围包括电池制造、销售等。股权穿透显示，该公司由宁德时代全资持 股。 太蓝新能源 全固态电池项目签约 03 8月18日，太蓝新能源全固态电池湖北生产基地项目签约仪式在湖北潜江举 行。此次落地是公司 继北京、重庆、安徽等地后的关键布局，标志着其覆盖全国新能源核心区域的多点制造网络雏形初 显。 湖南万吨级硅碳负极材料用多孔炭项目 比亚迪 04 电动二轮车锂电池上线 ◆ 电池 ◆ 日前，京东汽车与比亚迪电池战略合作升级，比亚迪轻型车电池京东自营旗舰店上线，发 售专为电动二、三轮车研发的锂电池产品。目前有8款产品在售，涵盖48V24Ah到 76V96Ah，价格1298元至6998元 ...