湖南裕能9月19日在业绩说明会上表示，今年以来，下游市场需求旺盛，公司产品产销两旺。磷酸盐正极材料行业在动力和储能双轮驱动下，出货量保持较高的增长速度。面对行业竞争，公司坚 产能方面，截至2025年6月末，公司已投产磷酸盐正极材料产能为85.8万吨。公司目前正稳步推进西班牙年产5万吨锂电池正极材料项目环评审批工作，同时积极开展马来西亚年产9万吨锂电池 上证报中国证券网讯（记者 王玉晴）9月29日上午，湖南裕能快速拉涨，盘中涨幅一度触及20%，截至10:30，该股涨幅达17.7%。 来源：上海证券报·中国证券网 近期储能市场需求旺盛，头部企业电芯供不应求，宁德时代等企业产能紧张。湖南裕能系宁德时代等电池企业正极材料供应商。 ...

Core Viewpoint - The company, Ribo Fashion, is pursuing a significant cross-industry acquisition of 71% equity in Sichuan Yindile Material Technology Group for a transaction value exceeding 1.42 billion yuan, aiming to diversify into the lithium battery adhesive sector amid declining performance in its core fashion business [1][3]. Group 1: Acquisition Details - The acquisition involves a payment structure of both shares and cash, with a total consideration of 1.42 billion yuan [1]. - The target company, Yindile, specializes in lithium battery adhesives and has a strong patent portfolio, having achieved revenues of approximately 503.47 million yuan in 2023 and 637.55 million yuan in 2024 [4]. - The acquisition is expected to create a dual business model for Ribo Fashion, combining fashion and lithium battery adhesives, leveraging the controlling shareholder's experience in the lithium industry [4]. Group 2: Financial Performance - Ribo Fashion reported a net loss of 159 million yuan in 2024, marking its largest loss since going public, with a revenue decline of 15.68% due to various external factors [2]. - The valuation of the acquisition is based on a price-to-earnings ratio of 9.84 and a price-to-book ratio of 2.03, with an assessed value increase of 103.4% for the target company [5][6]. Group 3: Market Context - The company aims to address the challenges faced in the fashion industry, including increased competition and rising costs, by entering the lithium battery adhesive market, which has significant growth potential [3]. - The adhesive products are critical for lithium battery performance, indicating a strategic move to tap into a growing market with substantial demand from battery manufacturers [3].

每经AI快讯，翔丰华（SZ 300890，收盘价：32.06元）9月26日晚间发布公告称，公司第四届第三次董 事会会议于2025年9月26日在上海翔丰华科技股份有限公司会议室召开。会议审议了《关于使用部分暂 时闲置募集资金进行现金管理和部分暂时闲置自有资金进行委托理财的议案》等文件。 2024年1至12月份，翔丰华的营业收入构成为：锂电池材料占比100.0%。 截至发稿，翔丰华市值为38亿元。 每经头条（nbdtoutiao）——5年增长33倍，这类新险种卖爆了，身边很多人都需要，30多家险企蜂拥而 入⋯⋯ （记者 张喜威） ...

Core Viewpoint - Tianqi Materials (002709.SZ) has recently seen a significant surge in stock price, reaching a two-year high, and is making strides towards listing on the Hong Kong Stock Exchange by submitting its prospectus on September 22, 2023 [2]. Group 1: Company Overview - Tianqi Materials was established in 2000 and went public on the Shenzhen Stock Exchange in 2014, with a current market capitalization exceeding 62.4 billion RMB [2]. - The company focuses on two main business segments: lithium-ion battery materials and daily chemical materials, providing comprehensive solutions for global clients [2]. - The lithium-ion battery materials segment includes electrolyte and its core materials, cathode materials (iron phosphate, lithium iron phosphate), PACK structure adhesives, and binders [2]. - Since 2016, Tianqi Materials has ranked first globally in lithium-ion battery electrolyte shipments for nine consecutive years, with a projected global market share of approximately 35.7% in 2024 [2]. Group 2: Business Segments - The daily chemical materials and specialty chemicals segment includes carbomer, surfactants (including amino acid and amphoteric surfactants), silicone oil, and cationic conditioning agents, widely used in personal and home care products [5]. - By 2024, Tianqi Materials is expected to be the second-largest global producer of carbomer with a market share of 9.7% and the third-largest producer of amphoteric surfactants with a market share of 10.6% [5]. Group 3: Financial Performance - From 2022 to 2024, Tianqi Materials experienced a decline in revenue from 22.32 billion RMB to 12.52 billion RMB, with corresponding gross profits and net profits also decreasing significantly [7]. - In the first half of 2025, revenue showed a year-on-year increase of 28.97% to 7.03 billion RMB, with net profit rising by 10.99% to 265 million RMB, indicating a potential recovery [7]. - The company heavily relies on its lithium-ion battery materials business, which accounted for nearly 90% of total revenue, making it vulnerable to price fluctuations in this segment [7][9]. Group 4: Market Dynamics - The domestic market is highly competitive, contributing to the decline in product prices [9]. - Tianqi Materials also relies on a limited number of major clients, with the top five clients accounting for 70.8% to 58.7% of total revenue from 2022 to the first half of 2025 [9]. Group 5: Funding and Future Plans - As of June 30, 2025, the company had cash and cash equivalents of 1.3 billion RMB, which may be insufficient for extensive expansion [10]. - If the Hong Kong listing is successful, 80% of the net proceeds will be allocated to global business development, including a lithium-ion battery materials project in Morocco and other overseas markets [10].

Group 1 - The company has a joint venture with Yiwei Lithium Energy established in October 2021 to set up Yunnan Zhongke Xingcheng Graphite Co., Ltd. [2] - The first phase of the integrated negative material project has a production capacity of 50,000 tons and has already been put into operation [2] - The second phase of the project is under construction and is progressing according to plan [2]

9月24日，中伟股份涨5.78%，截至发稿，报47.18元/股，成交6.97亿元，换手率1.70%，总市值442.56亿 元。 资料显示，中伟新材料股份有限公司位于贵州省铜仁市大龙经济开发区2号干道与1号干道交汇处,香港 铜锣湾希慎道33号利园1期19楼1915室，成立日期2014年9月15日，上市日期2020年12月23日，公司主营 业务涉及锂电池正极材料前驱体的研发、生产、加工及销售。主营业务收入构成为：电池材料 45.17%，新能源金属43.49%，其他11.34%。 数据显示，泉果基金旗下1只基金位居中伟股份十大流通股东。泉果旭源三年持有期混合A（016709） 二季度减持79.62万股，持有股数876.07万股，占流通股的比例为0.96%。根据测算，今日浮盈赚取约 2260.27万元。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 泉果旭源三年持有期混合A（016709）成立日期2022年10月18日，最新规模112.01亿。今年以来收益 39.5%，同类排名 ...

（文章来源：每日经济新闻） 信德新材（301349.SZ）9月24日在投资者互动平台表示，1.公司产品负极包覆材料广泛应用于天然石墨 与人造石墨负极，主要用于提升负极材料的首充可逆容量、循环稳定性以及电池倍率性能，简而言之， 可以使得锂电池克容量更大、使用寿命更长，充电速度更快。在锂电池负极研发方向前沿，多篇文献及 专利显示沥青包覆材料可作为硅基负极以及钠电池负极的生产原料。2.公司将结合自身战略规划和行业 发展前景，深耕主营业务，实现稳健发展。后续如有相关事宜将按规则要求进行信息披露。3.公司生产 的负极包覆材料主要应用于动力类、消费类、储能类锂电池负极领域。4.公司主营产品锂电池负极包覆 材料已小批量出口海外市场，未来将持续加大海外市场拓展力度，努力为广大股东创造更多价值回报。 每经AI快讯，有投资者在投资者互动平台提问：1.锂作负极，还有用贵司产品作包裹吗？ 2.贵司的包裹 材料净利润太低，没有作外延式并购的打算？ 3.贵司的产品能用在储能上吗？ 4.贵司的外销市场没见动 静。 ...

Core Viewpoint - Company Tinci Materials has submitted an IPO application for listing on the Hong Kong Stock Exchange, aiming to raise funds primarily for global business development and R&D activities, following a previous attempt to list GDRs in Switzerland that was terminated due to market conditions [1][2][6]. Group 1: Company Overview - Tinci Materials, established in 2000 and headquartered in Guangzhou, focuses on providing lithium-ion battery materials, daily chemical materials, and specialty chemicals [2]. - The company has successfully expanded its business into cathode materials and adhesives for lithium batteries, positioning itself in emerging fields such as smart driving and AI thermal management [2][3]. Group 2: Financial Performance - Revenue from lithium battery materials constituted 93.3%, 91.6%, 87.7%, and 89.7% of total revenue for the years 2022, 2023, 2024, and the first half of 2025, respectively [2]. - Tinci Materials reported revenues of 22.317 billion, 15.405 billion, 12.518 billion, and 7.029 billion yuan for the respective years, with net profits declining significantly due to falling average selling prices of lithium battery materials [4]. Group 3: Market Conditions - The average selling price of lithium battery materials dropped from approximately 48,300 yuan per ton in 2022 to about 23,000 yuan in 2023, a decrease of 52.32%, and is projected to fall further to around 13,800 yuan in 2024, a 40% decline from 2023 [4]. - The gross margin for lithium battery materials fell from 38.6% in 2022 to 17% in the first half of 2025, impacting the overall gross margin which decreased from 38% to 18.7% during the same period [4]. Group 4: Client and Supplier Relationships - Major clients include battery manufacturers, automotive manufacturers, and consumer electronics manufacturers, with revenue from the top five clients accounting for 70.8%, 71.2%, 58.7%, and 58.7% over the reporting periods [5]. - Most raw materials are sourced domestically, with the top five suppliers contributing 36.9%, 36.0%, 33.8%, and 33.6% of total procurement costs during the respective periods [5]. Group 5: Financing and Shareholder Structure - The IPO aims to enhance the company's global strategy and international market competitiveness, with the chairman holding approximately 36.5% of the shares [6][9]. - Tinci Materials has completed five rounds of direct financing since its A-share listing in 2014, raising a total of approximately 6.25 billion yuan [6][7].

格隆汇9月23日丨翔丰华(300890.SZ)在互动平台表示，公司暂未布局锂金属相关技术。 ...

Group 1 - Core viewpoint: Huasheng Lithium Battery's stock price dropped by 5% to 39.90 CNY per share, with a trading volume of 175 million CNY and a market capitalization of 6.364 billion CNY as of September 23 [1] - Company overview: Jiangsu Huasheng Lithium Battery Materials Co., Ltd. focuses on the research, production, and sales of lithium battery electrolyte additives, with main business revenue composition being 67.54% from VC, 27.01% from FEC, and 5.44% from others [1] Group 2 - Major shareholders: Huasheng Lithium Battery's top circulating shareholder includes Huazhang Fund, which holds 573,100 shares of Huasheng Lithium Battery, accounting for 0.92% of circulating shares, with an estimated floating loss of approximately 1.2036 million CNY [2] - Fund performance: Huazhang Low Carbon Life Mixed A (006122) has a year-to-date return of 42.59% and a one-year return of 95.85%, ranking 1568 out of 8172 and 743 out of 7995 respectively [2] Group 3 - Fund manager details: The fund manager of Huazhang Low Carbon Life Mixed A is Xiong Zheying, who has been in the position for 4 years and 204 days, with a total fund asset size of 1.113 billion CNY [3] - Fund performance metrics: During Xiong Zheying's tenure, the best fund return was 36.41%, while the worst was -3.67% [3] Group 4 - Top holdings: Huazhang New Energy Theme Mixed A (014541) holds 87,800 shares of Huasheng Lithium Battery, making it the seventh-largest holding in the fund, with an estimated floating loss of about 184,400 CNY [4] - Fund performance: Huazhang New Energy Theme Mixed A has a year-to-date return of 46.29% and a one-year return of 76.15%, ranking 1290 out of 8172 and 1447 out of 7995 respectively [4] Group 5 - Fund manager details: The fund manager of Huazhang New Energy Theme Mixed A is also Xiong Zheying, with a total fund asset size of 1.113 billion CNY [5] - Fund performance metrics: Similar to the previous fund, the best return during Xiong Zheying's tenure was 36.41%, and the worst was -3.67% [5]