Group 1 - The 2025 (15th) Gaogong Lithium Battery Annual Conference will be held from November 18-20, 2025, at the JW Marriott Hotel in Qianhai, Shenzhen [1][3] - The conference will feature a 15th anniversary celebration and the Gaogong Golden Ball Award ceremony, along with the release of a blue paper and themed sessions addressing industry concerns [4] - Dongguan Fang'en Electronic Materials Technology Co., Ltd. is focusing on the lithium battery materials sector, developing specialized adhesive tapes to address various application pain points in cylindrical, soft-pack, and dynamic storage batteries [2][3] Group 2 - The demand for battery safety and reliability in the lithium battery industry is increasing, leading to the importance of specialized adhesive tapes as key supporting materials [2] - Fang'en Electronic's specialized adhesive tapes aim to solve issues such as short circuits caused by shaking, cell detachment, and packaging warping, and are also compatible with the development trend of solid-state batteries [2]

Group 1 - The solid-state battery is identified as the core direction of next-generation technology in the continuously upgrading new energy industry, with dry electrode technology being a key breakthrough for its industrialization [2][4] - Qingyan Electronics, established with support from Shenzhen Tsinghua University Research Institute, has achieved continuous mass production application of core powder film technology, contributing to solid-state battery R&D projects [2][4] - The company has formed joint ventures with quality enterprises in the industry to optimize core equipment performance, facilitating the transition of technology from the laboratory to actual production lines [3] Group 2 - Qingyan Electronics is recognized as an important promoter in the solid-state battery supply chain, with its developed modified binders compatible with solid electrolytes supporting improvements in battery energy density and cycle life [4] - The company will deliver a keynote speech at the upcoming 2025 High-Performance Lithium Battery Annual Conference, sharing industry insights and technological achievements [5] - The conference will also feature a 15th-anniversary celebration, the High-Performance Golden Ball Award ceremony, and the release of a blue paper, along with themed sessions addressing industry concerns [5]

日前，王乾在接受中国证券报记者采访时，分享了自己践行价值投资的本心与思路。基于长周期投资视 角，王乾始终坚持以合理的价格买入高质量资产，为组合提供足够的安全边际，致力于为基金持有人实 现长期绝对收益。王乾认为，当前部分顺周期及内需类资产已具备可观的隐含回报率，市场风格的再平 衡需要等待基本面的实质改善。 近期市场科技成长风格占优，但仍有一批坚守价值风格的主动权益基金经理稳步前行，永赢基金权益研 究部总经理、基金经理王乾就是其中的一位。十余年的卖方研究经历，为他打下了扎实的行业与公司研 究基础，也让他在面对风格轮转时更加坦然和从容。 保持投资风格稳定 今年以来，科技成长风格强势走高，而价值风格阶段性落后。身为价值派投资者，王乾并不悲观，难得 地保持着理性客观的良好心态。 "风格轮转是市场运行的客观组成，在科技成长行情阶段占优的情况下，成长风格的基金经理业绩领先 是很自然的事情。"在王乾看来，价值投资最重要的是要耐得住寂寞，按照既定策略保证组合稳定运 行，打造符合部分投资者长期理财需求的净值曲线。 逆向策略与长期持股相结合 基于长周期的价值投资视角，在王乾眼中，投资本质上就是以合适价格买入好公司，优质资产是组合长 ...

【DT新材料】 获悉，彭博社报道， 欧盟方面正探讨为中国在欧投资设置一系列前置条件，其中包括技术与知识产权的移交，同时确保中国投资能为欧 盟带来新的就业岗位。 根据最新规定，境外销售任何原产自中国、或使用了中国稀土冶炼分离技术的产品，都必须获得中国商务部的出口许可证。 外国公司出口含有哪怕是微量中国稀土材料的产品，都需事先获得批准。这是中国首次将其出口管制措施的效力延伸至海外。 其核心目标是"保护欧洲的工业，特别是汽车产业"。若该政策落地，将彻底改变欧盟处理对华投资的方式。 中国外交部发言人林剑表示，中方反对强制技术转让，以及"以提升竞争力为名搞保护主义、歧视性做法"。 欧盟近几个月来对华立场逐步强硬化。 上周，欧盟委员会提议对超出配额的进口钢铁征收50%的关税，以应对由中国主导的全球产能过剩问题。 荷兰政府更是罕见地动用了已有70年历史的法律， 强制接管了中资控股的芯片制造商安世半导体，其图在于确保欧洲对关键芯片的"不受限制的访问 权"。 点击阅读 ： 突发！闻泰科技：荷兰子公司安世半导体遭冻结，控制权暂时受限 这些行动的背后，是欧洲在地缘政治风险下对供应链安全的深层焦虑。 欧盟官员尤其担心，中国最新稀土出 ...

Group 1: Overall Situation of New Energy - Despite recent volatility in the new energy sector, the overall fundamentals are gradually improving, presenting a good opportunity for investment after adjustments [1] - Three main lines to focus on include strong performance in offshore wind, continuous demand growth in energy storage, and improved supply-demand dynamics in lithium batteries [1] - The upcoming Fourth Plenary Session is a critical observation point for anti-involution policies, particularly in the silicon material and lithium battery sectors [1] Group 2: Lithium Battery Sector Expectations - The lithium battery sector is expected to see steady improvement in Q3 due to increased production from leading manufacturers, driven by rising demand and supply constraints [2] - The outlook for the future indicates sustained high growth in lithium battery demand, particularly in the energy storage and commercial vehicle markets, with significant price increases anticipated in certain materials [2] - Recent breakthroughs in solid-state battery technology are expected to catalyze market activity in Q4, with a focus on specific components like iodide ions and electrolytes [2] Group 3: Photovoltaic Sector Expectations - The photovoltaic sector is experiencing upward pressure on silicon material prices, leading to reduced inventory impairment and improved Q3 performance for some silicon material companies [3] - However, the overall performance in Q3 is expected to remain flat compared to Q2 due to declining terminal demand and price pressures in the module segment [3] - Future support for the industry is anticipated from policy backing, market clearing, and technological advancements, with a focus on silicon materials, battery upgrades, and module pricing dynamics [3] Group 4: Wind Power Sector Expectations - The wind power sector is benefiting from accelerated project construction and a positive pricing environment, with Q3 performance expected to reflect volume and price increases [4] - The sector is poised for a new upward cycle, particularly in offshore wind, with significant growth potential in deep-sea projects and positive policy support [4] - Onshore wind projects are also expected to see optimistic shipment guidance and a recovery in bidding activities [4] Group 5: Investment Participation in New Energy - A diversified index-based approach is recommended for participating in the new energy sector [5] - Investors interested in lithium battery demand and solid-state battery breakthroughs can consider the New Energy Vehicle ETF, which covers the entire lithium battery supply chain [5] - For comprehensive exposure to lithium, energy storage, photovoltaic, and wind power, investors may look at the 20cm ChiNext New Energy ETF and the Carbon Neutrality 50 ETF for balanced allocations [5]

Core Viewpoint - The A-share market is experiencing a mixed trading pattern characterized by "traditional defensive sectors outperforming while technology growth sectors are undergoing a pullback" [1] Market Performance - A-share market showed a slight increase with the Shanghai Composite Index closing at 3916.23 points, up 0.1%, while the Shenzhen Component and ChiNext Index fell by 0.25% and rose by 0.38% respectively [2] - The Hang Seng Index closed down 0.09% at 25888.51 points, with the Hang Seng Tech Index dropping 1.18% to 6003.56 points, indicating pressure on tech leaders [2] Industry Highlights and Driving Logic - The coal sector led gains with a 2.35% increase, driven by winter demand and valuation recovery of state-owned enterprises [3] - The banking sector rose by 1.35%, with regional banks performing well due to their low valuation and high dividend appeal [3] - The insurance sector increased by 1.8%, supported by positive third-quarter earnings expectations [3] - The technology growth sector faced a collective pullback, with the humanoid robot index down 2.04% due to clarifications from a leading company regarding order rumors [3] - The artificial intelligence index fell by 1.3%, reflecting profit-taking pressures [3] Investment Strategy Recommendations - The market is in a "high valuation digestion + low valuation rebound" phase, with policy expectations and industry prosperity set to guide market direction [4] - Suggested investment lines include focusing on the technology growth sector for recovery opportunities, particularly in the AI industry chain [4] - Emphasis on cyclical and resource sectors driven by "policy + supply-demand" dynamics, with copper and aluminum expected to benefit from global easing and policy support [4] Policy-Driven Opportunities - Focus on high-end manufacturing sectors such as industrial robots and semiconductor equipment, which are expected to benefit from self-sufficiency policies [5] - The consumer sector is advised to target leading brands for low-position recovery, with e-commerce logistics indices indicating a continuation of consumption recovery trends [5]

2025（第十五届）高工锂电年会 暨十五周年庆典&高工金球奖颁奖典礼 倒计时33天 主办单位： 高工锂电、高工产研（GGII） 协办单位： 卡洛维德 总冠名： 海目星激光 年会特别赞助： 大族锂电 专场冠名： 英联复合集流体、逸飞激光、华视集团、欧科工业空调 金球奖全程特约赞助： 思客琦 时间&地点： 2025年11月18-20日 深圳前海华侨城JW万豪酒店 欧盟正在酝酿一项激进的贸易政策转变，或将要求在欧投资的中国企业向欧洲本土公 司进行技术转让，此举标志着全球两大经济体之间的贸易紧张关系正急剧升级。 据彭博社报道，欧盟贸易主管与丹麦外交部长拉斯穆森共同证实，布鲁塞尔方面正探 讨为中国在欧投资设置一系列前置条件，其中包括技术与知识产权的移交。 知情人士透露，这些措施旨在确保中国投资能为欧盟带来新的就业岗位，并实现技术 共享，"就像欧洲公司过去在中国投资时所做的那样"。 这一潜在举措被视为一次"强硬且有力的回应"，其核心目标是"保护欧洲的工业，特 别是汽车产业"。 若该政策落地，将彻底改变欧盟处理对华投资的方式，但也可能极大地加深双方的冲 突。 丹麦外长拉斯穆森的表态揭示了其底层逻辑。他在新闻发布会上表示，欧 ...

Core Viewpoint - The current state of the new energy industry is not about competing for a share of the market, but rather about collaboratively expanding the market size. The focus should shift from "capacity going abroad" to "technology going abroad," with breakthroughs in technologies such as "de-diamantization" and "high manganese" leading the global green transition. Mutual support and care are essential for a healthy market, ensuring that China's new energy industry maintains its global leadership and contributes to a better future for humanity [1]. Group 1 - The new energy industry should focus on expanding the market rather than competing for existing shares [1]. - Emphasis on transitioning from "capacity going abroad" to "technology going abroad" [1]. - Technological breakthroughs are crucial for leading the global green transition [1].

全球锂电产业迈向高质量发展新阶段，低湿环境控制成为保障电池材料稳定性、提升生产良率的核心环节，直接影响电极涂布、电芯装配、化成测试 等关键工序的产品一致性，工业低湿空调系统已成为新能源电池企业实现低碳生产与品质升级的重要配套。 倒计时33天 2025（第十五届）高工锂电年会 暨十五周年庆典&高工金球奖颁奖典礼 主办单位： 高工锂电、高工产研（GGII） 协办单位： 卡洛维德 总冠名： 海目星激光 年会特别赞助： 大族锂电 专场冠名： 英联复合集流体、逸飞激光、华视集团、欧科工业空调 金球奖全程特约赞助： 思客琦 时间&地点： 2025年11月18-20日 深圳前海华侨城JW万豪酒店 会议合作： 陈女士 13560731836（微信同号） 在此趋势下， 2025（第十五届）高工锂电年会 将于 11月18-20日 在 深圳 前海华侨城JW万豪酒店盛大启幕，汇聚行业精英共话发展。 欧科工业空调是此次年会的专场冠名商之一，届时 EK中国区市场营销总监兼工业环境控制事业部总监王健将出席会议。 欧科工业空调专注锂电行业温控解决方案，研发的专用空调产品适配动力、储能等多场景产线需求，具备高效节能、精准控温、稳定耐用等核心优 ...

Group 1 - The State-owned Assets Supervision and Administration Commission of Meishan Dongpo District acquired 29.9% of Jingyi Metal's shares for 1.086 billion yuan, changing the actual controller to the Meishan Dongpo District State-owned Assets Supervision and Administration Commission [1] - Jingyi Metal, founded in July 1999 and listed in September 2009, specializes in precision copper tubes and related products, serving major clients like Gree and Midea, and is recognized as one of China's top ten copper pipe manufacturers [1] - The acquisition marks the first instance in 2023 of a district-level state-owned enterprise in Sichuan acquiring control of a listed company, enhancing the capital liquidity and operational efficiency of state-owned assets in the region [2] Group 2 - Meishan Dongpo District aims to become a "thousand billion core" area, with a projected GDP of 33.553 billion yuan in the first half of 2025, reflecting an 8.7% year-on-year growth, the highest in Meishan City [2] - The district has established a leading industrial system focused on new energy materials and food medicine, with advanced manufacturing clusters in lithium batteries, crystalline silicon photovoltaics, and high-end fine chemicals [2] - The collaboration between the China Yangtze River Economic Belt Development Research Institute and Meishan Dongpo District includes planning for industrial transfer demonstration zones and regional public brand establishment [3]