Industry Overview - The electrification penetration rate in China has surpassed 50%, initiating a new industrial cycle across the supply chain [3] - The synergy between power and energy storage industries is expected to drive large-scale development of new energy manufacturing, with a focus on regional energy transition and carbon neutrality [3] - Structural adjustments in the lithium battery industry chain are underway, with core material prices rebounding and cell prices stabilizing, leading to a competitive reshuffle among enterprises [3] New Materials and Technologies - The application of new materials and processes is accelerating, with differentiated performance in power and energy storage batteries becoming more pronounced [3] - The development of new battery systems is being propelled by AI4S, which is facilitating the exploration of new materials such as composite electrolytes and silicon-based anodes [3] Regional Development - Changzhou is positioned to become a leading base for the global new energy industry, leveraging its strong foundation and significant growth potential in the sector [4] Summit Highlights - The summit will gather over 300 influential companies and 500 industry leaders for technical exchanges and new product showcases [6] - The agenda includes keynotes from industry leaders and discussions on the latest trends and technologies in the lithium battery sector [7][8]

碳酸锂日报 碳酸锂日报（2025 年 6 月 18 日） 一、研究观点 点 评 请务必阅读正文之后的免责条款部分 EVERBRIGHT FUTURES 1 1. 昨日碳酸锂期货 2509 合约涨 0.74%至 59869 元/吨。现货价格方面，电池级碳酸锂平均价跌 50 元/ 吨至 60450 元/吨，工业级碳酸锂平均价跌 50 元/吨至 58850 元/吨，电池级氢氧化锂（粗颗粒）下 跌 280 元/吨至 59670 元/吨，电池级氢氧化锂（微粉）跌 280 元/吨至 64820 元/吨。仓单方面，昨 日仓单库存减少 330 吨至 31713 吨。 2. 供应端，周度产量环比增加，6 月产量供应环比增速明显。需求端，碳酸锂实际消耗量环比小幅增 加。库存端，周度库存重回增加，下游小幅减少，上游和中间环节有所增加。综合来看，需要考虑 的是，一方面，当前矿山端并未有新的停减产动作，同时，从国内排产来看，6 月过剩格局将进一 步扩大；另一方面，锂矿的价格表现相对滞后，如果锂盐价格快速走强，生产和套保动力将再次显 现，对价格进一步产生压力。 3. 当前价格水平基本处在阶段性底部区间，多空博弈加剧，价格可能会受到资金扰 ...

助力绿色低碳转型 服务新质生产力 2025年6月13日，由广州期货交易所（以下简称广期所）支持，江西九岭锂业股份有限公司（以下简称九岭锂业）主办，中信期货有限公司江西分公司（以 下简称中信期货江西分公司）承办的"助绿向新"产业基地活动——"锂向新生 岭跑未来"碳酸锂产业风险管理培训会在江西南昌成功举办。本次活动吸引了 锂电产业上下游企业代表与业内权威专家近150人参加，共探锂电产业风险管理新路径，为产业发展注入澎湃新动能。 近年来，随着新能源汽车及储能产业的快速发展，碳酸锂作为核心原材料，其价格波动对产业链影响深远。为助力绿色低碳转型、服务新质生产力，广期所 于2024年9月启动了"助绿向新"产业服务计划，实施了包括建设产业基地和开展产业培训等一揽子产业培育举措。 九岭锂业于2025年4月成为广期所首批"助绿向新"产业基地。为促进碳酸锂产业链健康发展，九岭锂业与中信期货特别组织本次专题培训，重点围绕产业现 状分析、期货工具实务应用等核心议题，通过前沿资讯分享与典型案例解析，助力产业链上下游企业提升风险管理能力。中信期货江西分公司充分发挥专业 特长与区域优势，与九岭锂业开展深度协作，确保活动各环节高效推进。 中 ...

Core Viewpoint - The article discusses the upcoming 18th High-tech Lithium Battery Industry Summit, focusing on the restructuring of the industry chain and the resonance of all-scenario applications in the lithium battery sector. Group 1: Industry Trends - The electrification penetration rate in China has surpassed 50%, initiating a new industrial cycle across the supply chain, with growth driven by sectors such as power markets, shipping, commercial vehicles, humanoid robots, and eVTOL [2]. - The synergy between the power and energy storage industries is expected to drive large-scale development of new energy manufacturing centered around power batteries, while energy storage is crucial for regional energy transformation and achieving carbon neutrality [2]. - The lithium battery industry chain is undergoing structural adjustments, with core material prices rebounding, cell prices stabilizing, and a simultaneous process of capacity clearance and enterprise elimination [2]. Group 2: Technological Advancements - New materials and processes are being rapidly applied, leading to further differentiation in power and energy storage batteries, with performance improvements driving the accelerated application of new materials [2]. - AI4S is promoting the development of new battery materials and systems, indicating a shift towards innovative battery technologies [2]. Group 3: Event Highlights - The summit will gather over 300 influential companies from various segments and more than 1,000 executives from the lithium battery supply chain for technical exchanges and new product showcases [5]. - The event will feature a comprehensive agenda, including keynote speeches, product launches, and discussions on the latest trends and technologies in the lithium battery industry [6][7]. Group 4: Regional Development - Changzhou is positioned to become a leading base in the global new energy industry, leveraging its strong foundation and significant development potential in the new energy sector [3].

Group 1 - The 18th High-tech Lithium Battery Industry Summit focuses on the restructuring of the industry chain and the resonance of full-scene applications [1] - The 2025 High-tech New Energy Materials Industry Conference will emphasize new materials, new momentum, and new ecology [1] - The events are organized by High-tech Lithium Battery and High-tech Industry Research Institute (GGII) [1] Group 2 - The conferences are scheduled for July 8-9, 2025, in Qionglai, Chengdu, and June 25-26, 2025, at the Marriott Hotel in Jintan, Changzhou [1] - The title sponsor for the events is Yinglian Recycled Composite Fluid [1]

Core Viewpoint - The lithium battery new materials industry is entering a high-speed development phase, with significant growth expected in the lithium battery capacity demand and new materials market by 2030 [1][2]. Group 1: Industry Trends - The demand for lithium batteries is projected to reach 7 TWh globally by 2030, indicating a continuous growth in the lithium new materials market [1]. - The market for high-performance batteries, such as fast-charging technologies, is accelerating, with innovations in materials like lithium iron manganese phosphate and silicon-based anodes becoming crucial for cost reduction and efficiency improvement [1][2]. - AI is becoming a core engine for breakthroughs in next-generation battery technologies, with companies like CATL and Guoxuan High-Tech integrating AI into various stages of battery lifecycle management [1]. Group 2: Equipment and Material Innovations - Equipment manufacturers are focusing on innovations to enhance material processing precision, develop solid-state battery-specific equipment, and upgrade automation across the production process [2]. - The solid-state battery sector is entering a critical phase for cost reduction, with current costs for sulfide solid-state batteries ranging from 3.7 to 6.5 yuan/Wh and polymer composite electrolytes between 2 to 3.5 yuan/Wh [2]. Group 3: Conference Highlights - The conference will gather over 100 leading companies from various segments of the lithium battery supply chain, facilitating technical exchanges and new product showcases [3]. - Key topics will include the transformation of battery materials under diverse demands, the industrialization of composite materials, and the competitive landscape for lithium battery companies [4][6]. Group 4: Event Schedule - The event will feature a series of discussions on new material applications, market trends, and technological advancements in lithium battery materials, with a focus on collaborative efforts across the supply chain [4][6].

Core Insights - The report from CITIC Securities indicates that most segments of the power equipment and new energy industry are at the bottom, but for stock prices to rebound, positive changes are necessary. Currently, there are no additional opportunities for market capitalization recovery due to the lack of significant oversold conditions [1] - The report emphasizes that individual stocks may outperform the industry, and investors need to closely track both the industry and specific stocks. Potential positive changes in the second half of the year include sustained orders in the wind power sector, positive changes in the photovoltaic supply side, and possibly exceeding expectations in lithium battery demand [1] Lithium Battery Sector - The core issue in the lithium battery sector is the uncertainty in demand and a prolonged supply clearing process, leading to a lack of positive signals. Policy impacts on demand create uncertainty, particularly regarding domestic policies and the pace of electrification [2] - On the supply side, disorderly competition has ended, and prices have reached a certain bottom, but the timeline for price increases remains unclear. Some material companies have begun to raise prices, but the extent and sustainability of these increases have not met expectations [2] - Short-term focus should be on high-certainty performance and low-valuation leading segments, particularly in battery, structural components, and materials [2] Photovoltaic Sector - The implied unit profitability of photovoltaic companies is at historical low points, with future recovery dependent on supply clearing and demand growth. The main factors affecting the photovoltaic index over the past year have been expectations regarding industry clearing and inventory reduction [3] - The report suggests focusing on new technologies and cost reduction strategies, particularly in the battery component and silver paste sectors, as these areas are expected to see significant developments [3] Energy Storage Sector - The energy storage sector remains one of the fastest-growing segments in new energy, with significant opportunities outside the U.S. market, particularly in Europe where large storage projects are being developed [4] - In the domestic market, there is uncertainty in the second half of the year, which will depend on policy alignment and execution [4] Power Equipment Sector - The power equipment sector has shown weak performance recently, but the core segments maintain high prosperity. The market is expected to regain confidence as orders and performance materialize [5] - Key areas of focus include high-voltage investments, export opportunities, and data center growth, which are expected to drive future demand [6] Wind Power Sector - The wind power sector is recommended, particularly in the turbine segment, which has seen price increases and is expected to enter a new profit recovery cycle by 2026 [7] - The offshore wind power market is also highlighted, with strong demand expected both domestically and internationally [7] Hydrogen Energy Sector - The domestic green hydrogen projects are entering a production phase, with significant increases in orders for electrolysis equipment noted. The industry is expected to see core marginal changes focused on operational aspects [8] - Upcoming projects are anticipated to achieve green premiums in overseas markets, indicating strong future growth potential [8]

● 全球化也将成为中国锂电产业新征程中的时代命题。如何从领跑全球，到真正融入全 球，并成长出一批具备跨国经营的国际企业，将成为中国锂电产业新 15年的最大考验。能 否在新的征程中续写新时代的辉煌，让我们期待中国锂电产业的时代答卷。 高工15年，与行业同行 高工锂电15周年特别策划 ● 15年，从破土萌芽，到枝桠参天；从步履蹒跚，到健步如飞。以2010年"十城千辆"为 肇始，在新能源汽车产业的强力牵引下，中国动力电池发展走过了波澜壮阔的15年。 ● 15年，筚路蓝缕，玉汝于成。中国动力电池产业经历了从0到1，从弱小到壮大，从跟随 到领跑的完整历程，如今已经成为中国制造走向全球的"新三样"代表，也成为中国经济转型 升级的时代注脚。 ● 以 2025年为转折，中国动力电池产业将开启新的15年征程。瞭望新征程，将会是更具 挑战，交通电动化向全场景渗透，能源体系变革也加速走向纵深，这也意味着，新应用场景 开启，新技术与产品创新，新商业模式落地，新的产业生态与格局。 ● 15年前，高工锂电开始用脚步丈量行业，用研究报告测量行业变化的温度，用杂志、网 站、微信传递行业信息，用会议搭建行业间交流桥梁，记录行业的起伏波澜，低谷 ...

碳酸锂日报 碳酸锂日报（2025 年 6 月 17 日） 一、研究观点 点 评 请务必阅读正文之后的免责条款部分 EVERBRIGHT FUTURES 1 碳酸锂日报 二、日度数据监测 | | | 锂电产业链产品价格 | | | | | | --- | --- | --- | --- | --- | --- | --- | | | | 指 标 | 单 位 | | 2025-06-16 2025-06-13 | 涨 跌 | | | 期 货 | 主力合约收盘价 | 元/吨 | 59780 | 59940 | -160 | | | | 连续合约收盘价 | 元/吨 | 60000 | 59980 | 20 | | | | 锂辉石精矿(6%,CIF中国) | 美元/吨 | 624 | 629 | -5 | | | | 锂云母（Li2O:1.5%-2.0%） | 元/吨 | 695 | 695 | 0 | | | 锂 矿 | 锂云母（Li2O:2.0%-2.5%） | 元/吨 | 1225 | 1225 | 0 | | | | 磷锂铝石（Li2O:6%-7%） | 元/吨 | 5660 | 5660 | 0 | | | ...

Group 1 - The core viewpoint of the article emphasizes the importance of balancing performance and cost in battery cell procurement for automotive manufacturers [6] - BYD is expanding its operations in Southeast Asia, indicating a strategic move to tap into new markets [6] - CATL is experiencing growth in the energy storage market that surpasses that of the power battery sector, highlighting a shift in market dynamics [6]