Core Viewpoint - Enjie Co., Ltd. is actively developing solid-state battery materials through its subsidiary, Hunan Enjie Frontier New Materials Technology Co., Ltd., focusing on high-purity lithium sulfide and sulfide solid electrolyte products [1] Group 1: Company Developments - The company has established a pilot production line for high-purity lithium sulfide with a capacity of hundreds of tons [1] - A 10-ton production line for sulfide solid electrolytes has been completed and is capable of supplying products [1] - Currently, the company has not yet generated significant revenue from these developments [1]

Talga Group Quarterly Investor Webinar Summary Company Overview - **Company**: Talga Group - **Industry**: Battery materials and technology, specifically focused on graphite anode production Key Points and Arguments Recent Developments - Talga Group has achieved significant milestones, including the clearance of the exploitation concession for the Nunsvara South graphite mine, with all appeals dismissed as of June [7][8] - The company is recognized as a fully integrated battery material and technology company, utilizing both mined and recycled graphite materials [4] Production Capacity and Technology - Talga's planned stage one anode refinery is designed for approximately 20,000 tons of anode production, with potential for expansion [6] - The company has developed proprietary purification, shaping, and coating processes for anode production, which can be replicated globally [5] Strategic Partnerships and Offtake Agreements - Talga has secured a significant offtake agreement with Nibault for 3,000 tons of anode material over several years, which is already qualified and in commercial use [21][22] - The company is focusing on building relationships with customers who have already used their products, aiming for higher-priced niche markets [22] Market Dynamics and Geopolitical Factors - The current anode supply chain is heavily reliant on China, with recent US anti-dumping rulings potentially doubling prices for Chinese imports [25][26] - There is a growing demand for non-Chinese suppliers due to geopolitical tensions, particularly in defense-related sectors [29][30] Recycling Initiatives - Talga is not directly recycling battery materials but is exploring the use of graphite concentrates from recycled materials to produce battery-grade anodes [38][39] - The company has launched Tonode R, a process to purify and reshape graphite from recycled sources, which is expected to scale up globally [46][50] Financial and Operational Updates - Talga has received a €70 million grant from Innovate, contributing to its net zero strategic project status [17] - The company is exploring various funding mechanisms to expedite project execution, including potential state aid [83] Future Outlook - The demand for batteries is projected to grow significantly, necessitating new sources of supply like the Vittangi graphite deposit [51] - Talga anticipates a substantial increase in recycled material availability, which is expected to quadruple over the next decade [52] Additional Important Content - The company has made board changes, welcoming new members to enhance its strategic direction [19] - Talga is actively engaging with defense primes to address supply chain vulnerabilities related to graphite [31][32] - The company is optimistic about the future, citing a positive shift in market dynamics and increasing demand for its products [35][36] This summary encapsulates the key points discussed during the Talga Group quarterly investor webinar, highlighting the company's strategic initiatives, market positioning, and future growth prospects.

Core Viewpoint - Tianhua New Energy (300390) has successfully developed lithium-rich manganese-based cathode materials, which have been sent for evaluation to multiple solid-state battery customers, demonstrating high specific capacity and good stability [1] Company Summary - The company has completed the research and development of lithium-rich manganese-based cathode materials [1] - These materials have been sent to several solid-state battery customers for testing [1] - Some customers have already achieved sales after passing the evaluation [1]

天华新能（300390.SZ）8月12日在投资者互动平台表示，公司研发的富锂锰基等正极材料已经完成研发 试样并送多家固态电池客户评测，在客户体系中能够发挥出较高的比容量和较好的稳定性。其中，部分 客户已通过评测实现销售。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：公司的固态电池和半固态电池相关产品有对外出货 吗？ ...

格隆汇8月12日丨天华新能(300390.SZ)于投资者互动平台表示，公司研发的富锂锰基等正极材料已经完 成研发试样并送多家固态电池客户评测，在客户体系中能够发挥出较高的比容量和较好的稳定性。其 中，部分客户已通过评测实现销售。 ...

北交所相关负责人表示，整体上看，面对复杂严峻的国内外形势和诸多风险挑战，上市公司经营保 持稳健，创新驱动作用增强，负债结构向好，规范性水平持续提升，体现出较强的韧性和活力。 此外，上市公司创新驱动作用显著增强。2021年，北交所上市公司研发支出合计30.4亿元，研发强 度达4.7%，是规上企业平均水平的3.3倍。为充分有效激励人才，22家上市公司实施股权激励或员工持 股计划，授予或行权价格平均为市场参考价的67%，有效调动了员工积极性，激发上市公司创新活力。 北京证券交易所近日发布消息显示，北交所上市公司2021年共实现营业收入668.9亿元，净利润72.5 亿元，同比分别增长31.1%和23.8%，净利润中位数为4629万元。 公司治理是决定上市公司运行效能的关键要素，北交所2021年公司治理专项行动显示，上市公司的 治理结构日趋完善，三会运作基本规范，股权结构明显优化，有效的内外部制约机制逐步建立。第一大 股东平均持股比例35.3%，较上市前下降9个百分点，上市公司均按要求聘任了独立董事，超4成公司设 立了审计委员会，近8成的上市公司设立了内审部门，监督和指导公司财务和审计工作。 截至2022年4月30日 ...

悦达投资旗下子公司协同发力，也成为转型攻坚的重要支撑。新能源领域，悦达低碳公司的光伏、风电 项目稳步推进，悦达储能公司的储能项目高效运营，悦达和碳公司的碳交易业务持续拓展，共同构筑起 新能源产业矩阵。 新能源板块表现亮眼：华丰378MW渔光互补项目稳定发电，三峡悦达阜宁共享储能项目高效运转，绿 色数智能源管理中心的精准运维，灌东盐场150MW光伏、东台弶港100MW/200MWh共享储能项目如期 并网，进一步提升效益。2024年，悦达投资新能源发展态势持续向好，电力销售营收同比大涨2567%、 毛利46.37%。按照规划，未来三年新能源累计装机将达1GW至2GW，归母净利润年复合增长率不低于 50%，成长路径清晰可见。 根据公开新闻，悦达投资子公司悦达长久物流今年上半年也交出一份靓丽的答卷。悦达长久物流在聚焦 主业的同时，积极布局物流新赛道，今年上半年在新能源物流市场成功抢占先机，助力盈利能力改善。 作为悦达投资版图中的活力板块，悦达长久物流的强势表现，正成为提升上市公司整体投资价值的重要 加分项。 新材料领域同样成果颇丰：珩创纳米磷酸锰铁锂项目产能稳定释放，产品获头部厂家认可后出货量持续 攀升；参股子公司浩 ...

Group 1 - The company, Fengyuan Co., primarily engages in the business of lithium-ion battery cathode materials and oxalic acid, and it does not currently involve in battery production [2]

Core Viewpoint - The battery-grade manganese market is expected to continue its rapid growth, with a projected shipment volume of 57,000 tons in the first half of 2025, representing a year-on-year increase of 54% [1]. Group 1: Market Dynamics - Traditional manganese-based materials, particularly lithium manganese oxide, remain the largest application area, accounting for over 80% of the market in the first half of 2025. However, the share of new manganese-based cathode materials, such as lithium manganese iron phosphate, is increasing significantly [3]. - The new manganese-based cathode materials are anticipated to become the largest application market for battery-grade manganese as technologies like lithium iron phosphate and high-voltage nickel manganese oxide scale up in the near future [4]. Group 2: Production Processes - There are currently three main production processes for battery-grade manganese: metal manganese, manganese sulfate, and recycling methods. The metal manganese process holds the highest market share, with leading companies including Zhonggang Tianyuan. The manganese sulfate process ranks second, represented by Huicheng New Materials, while the recycling method is led by Shidai Zhongneng. Compared to 2024, the market share of the metal manganese process has decreased in the first half of 2025, while the shares of manganese sulfate and recycling methods have increased [6]. Group 3: Industry Concentration - The battery-grade manganese industry has a high concentration, with leading companies such as Zhonggang Tianyuan, Huicheng New Materials, Hunan Shuangfu, Zhongzhe New Materials, and Guangxi Manganese Hua collectively holding an 80% market share in the first half of 2025 [8]. Group 4: Future Outlook - With breakthroughs in manganese-based cathode material technology, the penetration rate of manganese materials is expected to continue increasing. Coupled with the inherent advantages of low cost and long cycle life of manganese materials, the shipment volume is projected to maintain high growth [10].

Group 1 - CATL's Jiangxiawo lithium mine has ceased production with no short-term plans for resumption, impacting lithium carbonate futures prices and boosting the performance of the battery materials sector in the A-share market [1] - The mine, acquired by CATL for 865 million yuan, is estimated to contain 9.6 billion tons of ceramic soil resources and 2.6568 million tons of lithium oxide, equivalent to approximately 6.57 million tons of lithium carbonate, making it one of the largest single lithium mica mines globally [1] - As of August 11, 2025, the CSI New Materials Theme Index (H30597) rose by 1.05%, with significant gains in constituent stocks such as Jina Technology (up 7.94%) and Xinzhou Bang (up 7.49%) [1] Group 2 - The New Materials ETF closely tracks the CSI New Materials Theme Index, which includes 50 listed companies involved in advanced steel, non-ferrous metals, chemicals, and other strategic materials [2] - As of July 31, 2025, the top ten weighted stocks in the CSI New Materials Theme Index accounted for 51.53% of the index, with CATL being the largest component [2]