近期起点研究院 SPIR发布《2026全球钠电行业白皮书》，根据白皮书报告最新调研数据显示2025年全球钠电行业正极材料出货约2万吨，同 比增长122.2%，其中聚阴离子正极材料出货量超越层状氧化物，出货约1.4万吨，同比增长366.6%；层状氧化物正极材料出货0.5万吨，同比 下降16.6%。 | 序号 | 企业简称 | | --- | --- | | 1 | 珈钠能源 | | 2 | 容百科技 | | 3 | 英钠新能源 | | 4 | 万润新能 | | 5 | 津工能源 | | 6 | 钠科能源 15.3 | | 7 | 钠远新材 | | 8 | 瑞扬新能源 | | 9 | 同兴皓升 | | 10 | 泰和科技 | 价格方面， 2025年层状氧化物正极材料均价3.8万元/吨，同比下降26.3%；聚阴离子正极材料均价2.8万元/吨，同比下降22.2%。 2025全球钠电正极材料企业出货TOP1-10分别为： 珈钠能源、容百科技、钠创新能源、英钠新能源、万润新能、钠科能源、当升科技、江苏 翔鹰、钠远新材和津工能源； TOP11-20: 瑞扬新能源、格林美、振华新材、扬广科技、同兴皓升、泰和科技、贝特瑞、晟钠 ...

近期起点研究院 SPIR发布《2026全球钠电行业白皮书》，根据白皮书报告最新调研数据显示2025年全球钠电行业 负 极材料出货约 1.2 万 吨，同比增长 140 % ，预计到 2030年钠电负极出货规模达141.9万吨，其中硬碳负极占比超85%。其中生物质硬碳仍然为应用主流，其中椰 壳占比最大，未来竹基/果壳类/煤基份额有望提升，椰壳类受制于原料产量份额将下降。 2025钠电负极材料均价2.9万元/吨，同比下降24.1%。预计到2030年下探至1.5万元/吨。 2025年 全球钠电 负 极材料 企业 出货 TOP1-10分别为： 佰思格、贝特瑞、钠科新材料、中科星城、 果曼钠电 、容钠新能源、天钠科技、 国科炭美、极电特能和卡波恩 。 《2026全球钠电池产业发展白皮书报告》 （3万元/份） 第一章 行业定义与系统构成 第一章 钠离子电池行业概述 第一节 钠离子电池基本概述 一、钠离子电池工作原理 二、钠离子电池构成简介 三、钠离子电池生产流程 第二节 钠离子电池与其他电池对比分析 一、钠离子电池与其他电池对比 二、钠离子电池优势分析 三、钠离子电池劣势分析 第三节 钠离子电池发展历程 第四节 钠离子电池 ...

Group 1: Sodium Battery - The China Chemical and Physical Power Industry Association has approved the release of the group standard for sodium-ion batteries for energy storage, marking a new phase of standardization in this field [1] - Sodium-ion batteries are expected to accelerate from laboratory testing to large-scale applications due to their abundant resources, low cost, and high safety [1] - The global shipment of sodium-ion batteries is projected to exceed 347 GWh by 2030, with a compound annual growth rate of 58.1% [1] Group 2: Commercial Aerospace - Arrow Yuan Technology has begun construction on China's first offshore reusable rocket production base with a total investment of 5.2 billion yuan [2] - The reusable rocket market is anticipated to experience explosive growth, with 2026 expected to be the "Year of Rocket Reusability," significantly reducing launch costs [2] - If recovery technology breakthroughs occur by 2026, China could establish a satellite constellation by 2030, unlocking trillion-dollar markets in space internet and remote sensing [2] Group 3: Medical Research - A team from Peking University has developed a protein-targeted degradation technology that can expose tumor cells that evade the immune system, transforming them from "invisible enemies" to "intelligence messengers" [3] Group 4: Water Resources - The Chinese government is accelerating the construction of the national water network, with significant investment opportunities in the water resources engineering sector [3] - The water resources engineering construction industry is expected to maintain a compound annual growth rate of 8.5% from 2025 to 2030, reaching a market size of over 2.2 trillion yuan by 2030 [3] Group 5: Controlled Nuclear Fusion - The new Atomic Energy Law of the People's Republic of China will take effect on January 15, 2026, encouraging and supporting controlled nuclear fusion research [4] - The global fusion market is expected to exceed 100 billion USD by 2030, driven by significant domestic and international developments in the sector [4]

Group 1: Transformer Industry - The U.S. market is experiencing a transformer shortage due to electricity constraints impacting AI computing power expansion, with delivery times for transformers increasing from 30-60 weeks to 115-130 weeks, and large transformers taking 2.3-4 years [1] - North America is projected to face a hard electricity capacity and energy shortfall by 2026/2027, necessitating accelerated power and grid construction, with transformer demand expected to grow at an annual rate of 30% [1] - Chinese transformer companies are positioned to fill the gap in North America due to their complete supply chain, cost advantages, and UL/CSA certifications, leading to significant growth in overseas orders for leading firms [1] Group 2: Brain-Computer Interface - A significant breakthrough has been achieved in the second invasive brain-computer interface clinical trial in China, enabling users to control devices with their thoughts at speeds comparable to typical smartphone and computer usage [2][3] - The brain-computer interface industry in China is expected to see substantial development by 2025, with a market size projected to exceed 5.5 billion yuan by 2027, and global medical applications potentially reaching $40 billion to $145 billion by 2030-2040 [3] Group 3: Edge AI - ByteDance's Volcano Engine is set to hold a major technology conference on December 18-19, showcasing new AI hardware and tools, which is expected to drive significant growth in the edge AI market [4] - The edge AI market in China is anticipated to grow from under 200 billion yuan in 2023 to over 1.9 trillion yuan by 2028, with an annual growth rate of 58% driven by hardware improvements, application expansion, and policy support [4] Group 4: Sodium Battery - CATL's sodium-ion battery is expected to begin mass production by December 2025, featuring a high energy density of 175 Wh/kg and a lifespan exceeding 10,000 cycles, marking a significant advancement in battery technology [5][6] - The sodium battery industry is transitioning from R&D to commercialization, with 2026 being a critical year for scaling production and shipments [6] Group 5: Aircraft Maintenance - The aircraft maintenance industry in Hainan is experiencing unprecedented growth due to the benefits of the free trade port policy, with maintenance capacity expected to reach around 700 aircraft annually [7] - Hainan's unique geographical advantages and policy incentives are attracting foreign airlines for aircraft maintenance, potentially saving them 10% to 15% in maintenance costs [7] Group 6: Emotional Interaction Robots - Sichuan's humanoid robot "AIQ," designed for emotional interaction, has been launched, utilizing advanced emotional computing technology to enhance human-robot communication [8] - The introduction of "AIQ" is expected to draw significant market attention due to its innovative approach to emotional interaction and communication [8] Group 7: Phosphate Fertilizer - A meeting organized by key agricultural associations in China emphasized the importance of maintaining high production rates of phosphate fertilizers to ensure supply stability and price control [9] - The rising sulfur prices have impacted the phosphate fertilizer market, with significant price increases observed in recent months [9] Group 8: Hard Disk Drives - The mechanical hard disk market is experiencing a price increase of approximately 4% in Q4, the largest rise in eight quarters, driven by renewed demand from the PC market [10] - The shift towards domestic CPUs and operating systems in China is boosting HDD installation demand as users seek reliable long-term data storage solutions [10] Group 9: Satellite Internet - The UK has approved a new regulatory framework for mobile satellite services, allowing mobile network operators to partner with satellite operators for direct satellite connectivity [11] - The satellite communication sector is transitioning from specialized equipment to mainstream applications, with significant potential in emergency services and outdoor operations [11]

Core Insights - The company held an online investor reception day to discuss its business layout, stock incentive plans, and sodium battery development [1] Business Layout and Technology Route - The company initially focused on desulfurization and denitrification in non-electric industries due to high market potential and technical requirements, while the power sector was not prioritized due to market saturation. It plans to expand into the CCUS field across various industries including power and petrochemicals [2] - In the sodium battery sector, the company is concentrating on low-speed vehicles, small power applications, and energy storage. Although the cathode route is not favored by capital markets, it offers significant advantages in cost and safety, with substantial potential in downstream applications. The company has completed preliminary planning for a sodium battery cathode material production base and is in discussions with local governments for site selection [2] Stock Incentive and Financial Impact - The company has implemented a restricted stock incentive plan, which is currently undergoing non-trading transfer procedures and is expected to be completed within the week. This will result in some share-based payment expenses affecting the financial statements, and investors should pay attention to subsequent announcements [3] Sodium Battery Technology and Market Progress - The company has not yet mass-produced its 100Ah sodium battery cells, with previous trials aimed at validating materials and processes. Collaborations with multiple cell manufacturers are ongoing to develop higher-capacity cells based on demand and technological advancements. The theoretical application of sodium cathode materials in solid-state batteries has not yet been pursued due to the immaturity of industry technology and supply chains [4] CCUS Business Orders and Market Promotion - The EU emissions trading system in the shipping industry has created opportunities for ship carbon capture, with the company securing three orders for carbon capture agents for large ships and developing specialized systems. There is strong demand in overseas markets, with multiple projects progressing simultaneously. The company previously participated in a CCUS project bid for a waste-to-energy plant in Europe, with further updates expected. The U.S. opposition to the "net zero framework" is not expected to have a significant long-term impact on the company and may even present new opportunities. The newly developed two-phase absorbent combined with energy-saving processes can achieve energy consumption below 2.0 GJ/ton of CO2 [5] "One Body, Two Wings" Strategy Progress - By the first half of 2025, the company's "one body, two wings" strategy has shown significant results, with revenue of approximately 405 million yuan, a year-on-year increase of 33.49%, and a net profit of approximately 52.48 million yuan, a year-on-year increase of 118.62%. The company's customized absorbent products are highly competitive, with several strategic cooperation agreements signed. In the sodium battery sector, material performance has reached a leading domestic level, and site selection for the production base is progressing orderly, with an initial investment plan of 300 million yuan. The company is also seeking acquisition targets to complement its overseas business [6]

Core Viewpoint - The article discusses the upcoming 8th Sodium Battery Summit, emphasizing the significant advancements in the sodium battery industry and the expectation of a "true" year for GWh-level shipments in 2025 [1][2]. Event Overview - Event Name: 8th Sodium Battery Summit - Theme: Full-chain technology capacity leap, marking the "true" year for GWh-level shipments - Organizers: Initiated by Qidian Sodium Battery and Qidian Research Institute [3] - Date: August 28, 2025 - Location: Venus Royal Hotel, Shenzhen [1] Agenda Highlights - The summit will feature a series of speeches and discussions from industry leaders, including: - Release of the TOP 60 ranking of sodium battery shipments for H1 2025 [2] - Presentations on production challenges and solutions for large cylindrical sodium batteries [2][15] - Discussions on application scenarios and technological trends in sodium batteries [2][15] - Roundtable dialogues addressing cost reduction and development trends in sodium battery technologies [4][5] Participation Details - Expected attendance: Over 600 participants [1] - Registration fee: 2288 yuan per person, which includes conference materials, lunch, and accommodation [20][21]

Core Viewpoint - The article discusses the upcoming "8th Sodium Battery Summit Forum," emphasizing the theme of "Full Chain Technology Capacity Leap and GWH-level Shipment 'True' Year" [1][8]. Event Overview - The forum is organized by Qidian Sodium Battery and Qidian Research Institute, with Jin Na Technology as the main sponsor [3]. - The event will take place on August 28, 2025, at the Venus Royal Hotel in Shenzhen, with an expected attendance of over 600 participants [1][9]. Agenda Highlights - The forum will feature a series of speeches and discussions, including the release of the "Top 60 Sodium Battery Shipment Volume Ranking for H1 2025" [2][12]. - Key topics include production challenges in large cylindrical sodium batteries, new electrochemical storage battery developments, and application scenarios for sodium batteries [2][12][14]. - A roundtable discussion will address cost reduction pathways and trends in different sodium battery technologies [4][12]. Participation Details - Registration fee for the forum is set at 2288 yuan per person, which includes conference materials, lunch, and accommodation [17][18]. - The event will also host a closed-door dinner for members of the NA+ Sodium Battery Industry Alliance [5].

Core Viewpoint - The article discusses the upcoming "8th Sodium Battery Summit Forum," emphasizing the theme of "Full Chain Technology Capacity Leap, GWH-level Shipment 'True' Year" and highlighting the significance of sodium battery technology in the energy storage sector [2]. Event Overview - Event Name: 8th Sodium Battery Summit Forum - Theme: Full Chain Technology Capacity Leap, GWH-level Shipment "True" Year - Organizers: Qidian Sodium Battery, Qidian Research Institute (SPIR) - Title Sponsor: Jinna Technology - Co-sponsor: Tianneng Sodium Battery - Scale: Over 600 participants - Date: August 28, 2025 - Location: Venus Royal Hotel, Shenzhen [2]. Agenda Highlights - The forum will feature a series of speeches and discussions, including: - Opening remarks and the release of the 2025 H1 sodium battery shipment volume TOP 60 ranking by Li Zhenqiang, founder of Qidian Sodium Battery [3]. - Keynote speech by Yang Weiyuan, Chairman of Jinna Technology, on the challenges and solutions in the production process of large cylindrical sodium batteries [3]. - Presentations on various topics related to sodium battery applications and technology trends by industry leaders [3][9]. Participation Details - Registration Fee: 2288 yuan per person, which includes conference ticket, lunch, conference materials, a simplified version of the 2025 sodium battery industry white paper, shareable presentation materials, and one night’s accommodation [4][11]. - Payment Information: Payments should be made to Shenzhen Qidian Research Consulting Co., Ltd. via specified bank account [5][12]. Notable Speakers - Key speakers include: - Li Zhenqiang, Founder of Qidian Sodium Battery - Yang Weiyuan, Chairman of Jinna Technology - Wang Shaoping, General Manager of Yishite Sodium Battery - Other industry experts discussing various aspects of sodium battery technology and applications [9][10].

Group 1 - Hongyuan Green Energy reported a net loss of 297 million yuan in the first half of 2025, with operating revenue of 3.229 billion yuan, a year-on-year decrease of 19.52% [1] - The company indicated that the photovoltaic industry faced inventory impairment pressure due to continuous price declines in the second quarter, despite a demand increase during the first quarter driven by policy window effects [1] - Investors should pay attention to the company's strategies for coping with market fluctuations and the future policy direction of the photovoltaic industry [1] Group 2 - Tongxing Technology revealed that its sodium battery products have achieved small-scale shipments in the Southeast Asian motorcycle market, focusing on two-wheeler and start-stop power supply applications [2] - The third-generation sodium battery product has completed iterative upgrades, with 50Ah short blade cell prototypes undergoing performance verification testing in collaboration with downstream partners [2] - The company's production capacity planning will be dynamically optimized based on market expansion pace and customer order fulfillment [2] Group 3 - Nanfeng Co. announced the acquisition of minority shareholder rights in Nanfeng Additive Technology Co., along with a capital increase of 50 million yuan to support the expansion of 3D printing services and nuclear material procurement [3] - The business of Nanfeng Additive is still in its early stages, and it is expected to have no significant impact on the company's revenue and profit for the current year [3] - There is uncertainty regarding the future operational performance of Nanfeng Additive, which may affect Nanfeng Co.'s long-term performance [3]

Core Viewpoint - The sodium battery industry is experiencing rapid growth, with a projected market size of approximately 3.6 GWh in 2024, representing a year-on-year increase of 260%. By 2025, the shipment volume is expected to exceed 20 GWh, driven by cost reductions and technological advancements in sodium batteries [1]. Group 1: Industry Growth and Trends - The sodium battery market is entering a critical phase in 2025, characterized by significant breakthroughs across the entire supply chain, including materials, batteries, and applications [1]. - Major companies in the sodium battery sector are ramping up production capabilities, with leading firms achieving GWh-level shipments and entering the ten-thousand-ton shipment category for sodium battery materials [1]. - Innovations such as lithium-sodium hybrid batteries, sodium batteries without negative electrodes, and ultra-high-rate sodium battery technologies are emerging, indicating a shift towards more advanced solutions in the industry [1]. Group 2: Forum Overview - The 8th Sodium Battery Summit, themed "Full Chain Technology Capacity Leap, GWh Shipment 'True' Year," will take place on August 28, 2025, in Shenzhen, gathering industry leaders and experts to discuss the latest trends and developments [2][4]. - The forum aims to provide a high-end communication platform for sharing insights and fostering collaboration within the sodium battery industry, marking a new phase of high-quality development [2]. Group 3: Event Details - The event will feature over 500 participants and will include various sessions focusing on sodium battery technologies, applications, and market trends, with notable speakers from leading companies [5][6]. - The agenda includes discussions on production challenges, application scenarios, and technological advancements in sodium battery materials and manufacturing processes [5][6].