国晟科技(603778.SH)公告，公司拟以2.41亿元的价格受让铜陵正豪科技有限公司(简称"正豪科技")、林 琴合计持有的铜陵市孚悦科技有限公司(简称"孚悦科技")100%股权。交易完成后，公司将持有标的公司 100%股权，标的公司将纳入公司合并报表。孚悦科技是从事高精密度新型锂电池外壳材料的生产企 业，产品主要销售对象为新能源电池生产企业。若本次交易顺利推进且标的公司经营业绩达到预期，将 对公司经营发展产生一定的积极影响。 ...

Core Viewpoint - Fangda Carbon intends to participate as an industrial partner in the restructuring of Shanshan Group and its subsidiary Ningbo Pengze, signaling a strategic shift towards the new energy sector to diversify its business and address the slowdown in traditional carbon industry growth [1][2][3] Group 1: Restructuring Participation - Fangda Carbon will submit necessary documentation and conduct due diligence as part of its involvement in the restructuring process of Shanshan Group and Ningbo Pengze [1] - The restructuring package includes a 23.32% stake in Ningbo Shanshan Co., which is a leading player in the lithium-ion battery anode material sector [2][3] - The restructuring aims to integrate resources in the anode materials and new energy fields, enhancing Fangda Carbon's supply chain stability and core competitiveness [3] Group 2: Financial Performance and Strategic Shift - Fangda Carbon's core business focuses on graphite electrodes, heavily influenced by industry cycles, with net profits declining from 10.85 billion yuan in 2021 to 1.13 billion yuan in the first three quarters of 2025 [4] - The company aims to accelerate its anode material layout and achieve industry chain integration through the restructuring, leveraging Shanshan's production capacity and technology [4] - Fangda Carbon has been developing anode materials since 2001 and has established a production line with a capacity of 2,000 tons, planning to expand to 50,000 tons [4] Group 3: Research and Development in Solid-State Batteries - Fangda Carbon has made significant progress in the field of solid-state batteries, achieving breakthroughs in key materials such as lithium-silicon-carbon anodes and sodium hard carbon anodes [5] - Despite advancements in R&D, the company has yet to convert these breakthroughs into large-scale revenue and actual orders [5][6] - The transition from laboratory breakthroughs to mass production remains a critical challenge for Fangda Carbon [6]

Core Insights - The lithium battery industry is entering a robust "reversal cycle" driven by global energy transition and AI computing power, supported by strong policies from China, the US, and Europe [1][2] - Key materials like lithium hexafluorophosphate and lithium iron phosphate are experiencing rapid price rebounds, with leading companies achieving full production and sales [1] - By 2026, the global demand gap for lithium battery materials is expected to widen, favoring companies with technological barriers, cost advantages, and early overseas capacity [1] Industry Demand Drivers - The surge in storage demand, particularly from AI data centers (AIDC), is a significant driver of industry recovery, with AIDC's storage needs projected to increase from 16.5 GWh in 2024 to 209.4 GWh by 2030, a tenfold growth [2] - Policy reforms in China and the extension of storage tax credits in the US until 2036 are enhancing the economic viability of storage solutions, leading to a "rush to install" [2] Market Projections - Global electric vehicle sales are projected to reach 24.85 million units in 2026, a 17% year-on-year increase, while global storage battery shipments are expected to grow by 70% to 551 GWh in 2025, maintaining a 40% growth rate in 2026 [5] - Total global demand for dynamic storage is anticipated to reach 2482 GWh in 2026, reflecting a 26% year-on-year increase [5] Supply-Side Dynamics - The industry is shifting from a "passive destocking" phase to an "active restocking" phase, with a significant improvement in capacity utilization expected from the second half of 2025 [8] - Key materials are experiencing a pricing rebound, with lithium hexafluorophosphate prices rising from 45,000 CNY/ton to 100,000 CNY/ton, and expected average contract prices to reach around 80,000 CNY/ton by 2026 [8] Company Capacity Expansion - Major companies are expanding their effective production capacities significantly from 2023 to 2026, with notable increases from firms like BTR and Sanyou [9] - The total effective production capacity across key players is projected to grow from 219.8 million tons in 2023 to 495.9 million tons in 2026, indicating a strong supply response to rising demand [9]

六氟磷酸锂的涨价，也反映在了动力电池产业链相关供应商的股价上：天赐材料、多氟多等"六氟磷酸锂概念股"从今年8月底开始明显上涨，成为二级市 场热议的概念。不过在一周前陆续冲到近期最高点后，天赐材料、多氟多等股票在近几个交易日出现了回调。 相比渲染市场情绪，我们更倾向从产业角度来分析这一轮的六氟磷酸锂涨价。 六氟磷酸锂，这个普通消费者几乎接触不到的化合物，不仅是生产锂电池电解液的重要原材料，还正在创造一场近乎夸张的大涨价。 今年7月，在经历了3年价格回调后，六氟磷酸锂的市场价格开始回升。《证券日报》援引Wind数据显示，六氟磷酸锂价格从7月低点约4.93万元/吨迅速攀 升，至11月17日部分市场报价已突破15万元/吨，短短四个月内涨幅已超200%。据"上海有色网"统计，11月24日六氟磷酸锂的平均价已达到15.8万元/吨。 | SMN= | 首页 原料价格 | 产业数据 | 产业资讯 | 研究报告 | 成本解构 | 历史价格 | | --- | --- | --- | --- | --- | --- | --- | | 您所在的位置: SMM汽车产业 > 原料价格 > 价格详情 | | | | | | | | ■ ...

11月24日，龙蟠科技发布公告，公司控股子公司常州锂源及控股孙公司南京锂源（卖方）与楚能新能源 全资子公司武汉楚能、孝感楚能及宜昌楚能（买方）共同签署了《<生产材料采购合作协议>之补充协 议二》，对原先签订的《生产材料采购合作协议》及《补充协议》相关条款进行补充与修订。 根据公告显示，《补充协议二》约定：自2025年至2030年期间，卖方合计向买方销售130万吨磷酸铁锂 正极材料产品。如按照预计数量及市场价格估算，《补充协议二》与《原协议》总销售金额超人民币 450亿元（最终根据销售订单据实结算）。《补充协议二》自2025年11月24日起生效。 而《原协议》则约定，自2025年至2030年期间，卖方合计向买方销售15万吨磷酸铁锂正极材料产品。 受此影响，11月25日，龙蟠科技股价一字涨停，报18.06元/股，市值达到123.7亿元。 130万吨磷酸铁锂正极材料是什么概念？根据龙蟠科技披露，2025年前三季度，其磷酸铁锂正极材料的 产销量为13.42万吨和13.16万吨。并且，在今年3月，龙蟠科技通过互动平台表示，公司总建成磷酸铁锂 产能约27万吨。 值得一提的是，龙蟠科技的客户并非楚能新能源一家。在今年，龙蟠 ...

Core Viewpoint - ST Changyuan announced that its chairman and legal representative, Qiao Wenjian, has been placed under detention due to suspected job-related violations, with no further details on the investigation's progress or conclusions provided as of the announcement date [2] Business Overview - ST Changyuan's main business includes smart grid equipment, energy internet technology services, consumer electronics, and other intelligent devices, as well as lithium iron phosphate materials, all of which have applications in the new energy vehicle industry [2] - The subsidiary, Jinli Technology, focuses on the research, production, and sales of lithium battery cathode materials, specifically lithium iron phosphate, with applications in power, energy storage, and consumer electronics batteries [2] - Jinli Technology reported revenue of 47.555 million yuan in the first half of 2025, accounting for 1.37% of the company's total operating income [2] Subsidiary Operations - Yuntaili, as a supplier of intelligent equipment and solutions, provides testing equipment and automated assembly devices to enhance global manufacturing efficiency [2] - Outofly specializes in multimedia interactive testing platforms, touch screen performance testing systems, and AR/VR performance testing products [2] - Daming Technology and Daming Intelligent offer comprehensive solutions for automotive electronics and new energy smart factories [2]

Group 1: Production and Market Demand - The company is currently operating at full capacity due to strong demand from downstream power and energy storage batteries, maintaining a leading industry capacity utilization rate [2] - According to recent data from the China Association of Automobile Manufacturers, in 2025, the domestic sales of new energy passenger vehicles accounted for 57.6% of total passenger vehicle sales, indicating significant growth potential in the new energy vehicle market [2] - The electrification process in the commercial vehicle sector, including heavy trucks and excavators, is accelerating, with increasing penetration rates showcasing substantial market potential [2] Group 2: Customer and Product Structure - The company is diversifying its customer base and maintaining strong partnerships with major domestic power and energy storage battery enterprises, which supports business development [3] - The company is continuously optimizing its product structure by responding to differentiated market trends, leading to increased recognition and sales of its CN-5 and YN-9 series products [3] - The proportion of products applied in the energy storage market has also increased, reflecting the company's proactive approach to market opportunities [3] Group 3: Capital Raising and Expansion Plans - The company is actively advancing its stock issuance to specific investors, currently in the inquiry response stage with the Shenzhen Stock Exchange, pending approval from the China Securities Regulatory Commission [3] - The company is utilizing self-raised funds to initiate some fundraising project constructions while awaiting regulatory approvals [3] - The company is steadily progressing with the environmental assessment for its Spanish production base, which is expected to produce 5,000 tons of lithium battery cathode materials annually, with the specific production timeline dependent on actual circumstances [3]

今日晚间， 龙蟠科技(603906.SH)公告称，公司控股子公司常州锂源及控股孙公司南京锂源（合称 为"卖方"）与楚能新能源全资子公司武汉楚能、孝感楚能及宜昌楚能（合称为"买方"）共同签署了 《之补充协议二》，对原协议相关条款进行补充与修订。 《原协议》约定：自2025年至2030年期间，卖方合计向买方销售15万吨磷酸铁锂正极材料产 品。《补充协议二》约定：自2025年至2030年期间，卖方合计向买方销售130万吨磷酸铁锂正 极材料产品。如按照预计数量及市场价格估算， 《补充协议二》与《原协议》总销售金额超人民 币450亿元（最终根据销售订单据实结算）。《补充协议二》自2025年11月24日起生效。 ...

万润新能首次公开发行股票的发行费用为24,295.94万元，其中，保荐及承销费用21,200.00万元。 万润新能于2023年5月24日披露的2022年年度权益分派实施公告显示，本次利润分配及转增股本以方案 实施前的公司总股本85,215,178股为基数，每股派发现金红利3.52元（含税），以资本公积金向全体股 东每股转增0.48股，共计派发现金红利299,957,426.56元，转增40,903,285股，本次分配后总股本为 126,118,463股。本次权益分派股权登记日为2023年5月30日，除权除息日为2023年5月31日。 中国经济网北京11月24日讯 万润新能(688275.SH)今日收报76.47元，跌幅3.18%。该股目前处于破发状 态。 万润新能于2022年9月29日在上交所科创板上市，公开发行2130.3795万股，发行价格299.88元/股，保荐 机构为东海证券股份有限公司，保荐代表人为盛玉照、江成祺。 上市首日，万润新能盘中创下最高价259.99元，为该股上市以来最高价。 万润新能首次公开发行股票募集资金总额638,858.20万元，扣除发行费用后，募集资金净额为614,562.26 ...

Core Viewpoint - The strategic cooperation agreement between Qitian New Materials and Aoke Co., Ltd. marks a new phase in their collaboration within the new energy materials sector, specifically focusing on lithium battery electrolyte additives derived from ethylene oxide [2][3]. Group 1: Strategic Cooperation Framework - The cooperation aims to enhance core competitiveness in lithium battery new materials through a strong partnership based on mutual benefits and complementary advantages [2]. - A high-level regular visit mechanism will be established to promote strategic cooperation, prioritizing collaboration in sales, technology development, and quality standards [3]. - A procurement agreement will be formed, ensuring Aoke Co., Ltd. acts as the core supplier of vinyl sulfonate (ES) for Qitian New Materials, with a commitment to meet actual demand within production capacity [3]. Group 2: Technical Collaboration - The partnership will focus on enhancing technical exchanges and cooperation in lithium battery electrolyte additives, particularly in the quality control standards of vinyl sulfonate (ES) [3]. - Joint development of new processes and technologies will be prioritized, with specific technical cooperation projects to be formalized through independent agreements [3].