Group 1 - The "Investment in Xinyu • Shanghai" steel industry promotion conference successfully took place in Shanghai, highlighting the city's commitment to attracting investment and fostering industrial growth [1] - Xinyu's cultural heritage, including "Qixi Love, Ingenious Crafts, Red Revolution, and Entrepreneurial Innovation," supports its development and investment appeal, with a focus on high-end, intelligent, and green manufacturing [3][5] - The conference attracted over 150 entrepreneurs and business representatives, resulting in the signing of 12 key projects with a total investment of 4.19 billion yuan, covering various sectors such as metal processing, automotive parts, and intelligent equipment manufacturing [5] Group 2 - Xinyu aims to create a favorable investment environment for both state-owned and private enterprises, emphasizing a commitment to service and support for business development [5] - The city is recognized as the largest lithium salt production base globally and the largest steel production base in Jiangxi, indicating its strategic importance in the new industrial landscape [3] - The promotion of the "Investment in Xinyu" brand is part of a broader initiative to enhance the local industrial chain and stimulate economic growth [5]

Core Viewpoint - Ningde City has transformed from "grassroots industry" to a global landmark in advanced manufacturing, particularly in the lithium battery sector, achieving significant recognition and growth in recent years [1][3]. Industry Development - Ningde City is focusing on developing four internationally competitive industrial clusters, particularly in the lithium battery and new energy sectors, which has led to its recognition as "China's New Energy Battery Capital" and "China's Lithium Battery Industry Landmark" [1]. - The lithium battery new energy industry in Ningde has attracted 86 upstream and downstream enterprises, forming a comprehensive industrial cluster that includes core materials, battery components, and smart manufacturing equipment [3][5]. Economic Performance - The added value of Ningde's lithium new energy industry has maintained an annual growth rate of over 25% for the past five years, and it was selected as a national advanced manufacturing cluster in 2022, ranking 16th among China's top industrial clusters in 2024 [3][5]. Organizational Structure - The establishment of the lithium new energy industry chain party committee aims to enhance the integration of party building and industrial development, providing a strong organizational guarantee for high-quality growth [3][5]. - A new organizational system has been created to support the industry chain, focusing on goal management, coordination, and collaborative development, with a detailed work plan for 2025 that includes 34 key tasks [5][6]. Future Directions - The Ningde government plans to optimize the industrial structure, promote collaborative development, and improve the business environment to empower the high-quality development of the lithium new energy industry chain [5][6].

Group 1: Financial Support for Key Industries - The People's Bank of China (PBOC) Ningde Branch focuses on financial services for key industrial chains, aiming to create a favorable monetary environment for high-quality economic development in Ningde [1] - Ningde has developed four main industries: lithium battery new energy, new energy vehicles, stainless steel new materials, and copper materials, which are crucial for its economic growth [2] - As of February 2025, the local financial institutions have issued a total of 1.694 billion yuan in technology innovation and technical transformation re-loans [2] Group 2: Green Finance Initiatives - Ningde has initiated the "Electric Ningde" plan to promote carbon neutrality, integrating carbon peak and carbon neutrality goals into its economic development [4] - The PBOC Ningde Branch has implemented a green finance service system, with green loans accounting for 24.47% of total loans by the end of 2024, the highest in the province [4][5] - Financial institutions have provided 414 million yuan in credit to support electric shipbuilding and charging facilities as of January 2025 [5] Group 3: Inclusive Finance Development - The PBOC Ningde Branch has established various inclusive finance initiatives, including "fishing farm loans" and a "guarantee cloud" online platform, to support local特色产业 [6] - The "financial special commissioner" model has been implemented, with 398 financial personnel sent to 131 towns and districts to enhance financial services [6] - Since the launch of the "Hundred Bankers into Thousand Enterprises" initiative, 2,378 new credit approvals totaling 24.035 billion yuan have been granted [6] Group 4: Support for Specific Industries - The sea cucumber industry in Xiapu County has seen significant growth, with a production of approximately 102,000 tons in 2024, accounting for over 30% of the national market [7] - A sea cucumber farmer received a 500,000 yuan "Huinong e-loan" to expand operations, demonstrating effective financial support for local agriculture [8] Group 5: Elderly Care Financial Services - The PBOC Ningde Branch is enhancing financial support for the elderly care industry, with a focus on developing specialized financing solutions [9] - A loan of 20 million yuan was issued to support a senior care project, showcasing the commitment to improving elderly services [9] Group 6: Digital Financial Innovations - The PBOC Ningde Branch is promoting digital financial services, including the establishment of a "digital brain" platform for the edible fungus industry to facilitate financing [10] - As of February 2025, the local credit union has issued 5791 "Fugu Digital Economic Loans" totaling 480 million yuan, supporting the digital transformation of the edible fungus industry [10][11]

Core Insights - Ningde City is focusing on maintaining strong development momentum by enhancing its "432" industrial system, which includes four major industries and three emerging products, while also planning for future industries [2][5] Group 1: Industrial Development - The "432" industrial system consists of four main industries: lithium battery new energy, new energy vehicles, stainless steel new materials, and copper materials, along with three emerging products: electric health care, electric ships, and electric aviation [2] - In the first quarter, Ningde's GDP grew by 6.7% year-on-year, ranking first in Fujian Province, while the industrial added value increased by 10%, also leading among Fujian's cities [2][6] Group 2: Economic Performance - The four major industries in Ningde achieved an output value of 1,404 billion yuan, with a year-on-year increase of 13.15%, supporting the city's economic foundation [6] - The county of Pingnan has seen significant growth, with companies like Pingnan Times New Materials Technology Co., Ltd. and Pingnan Times Electronics Co., Ltd. reporting over 120% growth in output value, contributing to a 33.9% increase in industrial output [5] Group 3: Strategic Initiatives - Ningde City is implementing a strategy of developing industrial clusters around leading enterprises, such as Ningde Times and Qingtou Group, to attract upstream and downstream companies in the lithium battery and stainless steel sectors [5] - The city aims to enhance project construction efforts to achieve its annual goals and contribute to the overall economic development of the region [6]

4月25日晚间，八亿时空（688181）公告，公司 决定终止"年产3000吨六氟磷酸锂项目"建设，截至目前该项目已投入资金约495.01万元。 资料显示，八亿时空是一家专业从事显示材料、半导体材料、医药材料的研发、生产和销售的高新技术企业，其中主营业务为液晶显示材料的 研发、生产和销售。显示材料根据终端产品显示特性的不同分为液晶材料、聚合物分散液晶（ PDLC）智能薄膜、有机电致发光材料 （OLED）；半导体材料包括光刻胶树脂材料、聚酰亚胺（PSPI）材料；医药材料包括高级医药中间体和原料药。 2022年，乘着六氟磷酸锂产业发展的东风，八亿时空拟跨界入局。 2022年6月，八亿时空发布公告，称拟通过全资子公司浙江八亿时空在杭州湾上虞经济技术开发区建设年产3000吨六氟磷酸锂项目，预计总 投资约2.8亿元。 公告显示，该项目位于杭州湾上虞经济技术开发区，以年产 3000 吨六氟磷酸锂项目为主，同时配套生产相应的电解质基础材料氟化锂 600t/a，建设周期为一年半。 八亿时空表示，最近两年，锂电新能源行业经营环境发生了较大变化，随着锂电市场供需结构的转变，电解液火热的市场行情急转直下，市场 价格呈断崖下跌局面，进 ...

磷酸铁锂市场持续向好，刺激相关产能加速释放。 近日， 云南鸿泰博5万吨磷酸铁锂项目设备安装进入冲刺阶段 ，标志着项目进入投产倒计时。 在项目施工现场，所有主体设备已安装完毕，主体车间、污水处理、室外管廊、研发检测楼等主要建设内容已经完成。目前正在进行工艺管 道、电气自控等最后阶段的安装工作。 据悉，该项目位于曲靖市陆良县，由云南鸿泰博新材料股份有限公司投建， 项目预计在今年5月份全部建成投产。 项目全部建成并满产后，可 年产5万吨磷酸铁锂正极材料。 官网显示，云南鸿泰博新材料股份有限公司成立于2008年7月，从事化学原料和化学制品制造，是一家国家高新技术企业、国家级绿色工厂、 云南省企业技术中心、云南省专精特新中小企业、云南省创新型企业。目前主要生产和销售产品包括硫酸、铁粉、磷酸一铵、磷酸铁、磷酸铁 锂等。 据起点锂电观察，近年来，随着曲靖坚定不移推进新型工业化，加速构建"传统产业+新兴产业+未来产业"现代迭代产业体系和加快推进"风光 水火储一体化"和"源网荷储"协同发展，已吸引多家锂电新能源企业进行布局。 其中，德方纳米自曲靖首个项目——年产2万吨磷酸铁锂生产基地项目于2019年2月建成投产后，陆续在曲靖布 ...

碳酸锂期货与期权2025年3月月报 投资咨询业务资格:京证监许可【2012]75号 供应放量需求季节性偏弱 碳酸锂延续跌势 期货研究院有色贵金属与新能源团队 魏朝明 交易咨询资格号：Z0015738 2025年3月2日 www.founderfu.com CONTENT 目录 第一部分 锂电新能源产业链的发展态势 第三部分 锂电新能源行业风险管理 第二部分 碳酸锂盘面波动的逻辑推演 2 2月氢氧化锂价格补跌，三元材料价格表现强于大市。 文字/背景 Text/Background 填充色 Accents 碳酸锂期货近期价格变动情况 2025年2月碳酸锂主力合约先稳后弱，当月跌幅5.31%收于75200元。 供应释放超预期，库存连续三周快速累积是价格走弱的内因，国际贸易方面的外因是关键驱动因素。 数据来源：Wind，方正中期期货研究院整理 3 文字/背景 Text/Background 填充色 Accents 锂电新能源产业链近期价格变动情况 2月份锂电产业链价格整体呈现回落态势。 2月份碳酸锂现货价格跌幅3.34%，磷酸铁锂现货价格跌幅1.82%-1.98%。 | 数据类别 | 产业链重点高频价格指标 | | ...