又一家锂电企业欲赴港上市。 华夏能源网&华夏储能（公众号hxcn3060）获悉，近日，中伟新材料股份有限公司（简称"中伟股份"， SZ：300919）发布公告称，经充分研究论证，公司拟发行H股股票并在香港联交所主板挂牌上市。 中伟股份成立于2014年，注册地为贵州铜仁，是国内三元前驱体龙头。研究机构EVTank发布的数据显 示，2024年，中伟股份三元前驱体产量、出货量全球排名均为第一。2023年，公司实控人邓伟明家族还 以241亿元财富，力压满帮张晖和老干妈陶华碧，登顶贵州首富。 中伟股份早在2020年便登陆深交所，如果此次港交所上市成功，将成为贵州首家"A+H"股上市公司。 如今，中伟股份还能借赴港上市融资，来继续填充其全球扩张、大上产能的"无底洞"吗？ 5年烧掉百亿募资后仍缺钱 中伟股份自2020年12月在深交所上市以来，曾多次募资用于扩产。 中伟股份IPO时，募资总金额为14.01亿元，一是用于扩大公司在三元正极材料前驱体领域的生产规模， 二是用于补充流动性。此后，公司又进行了两次定增： 2021年11月，中伟股份以每股138.8元的价格，非公开发行股票募集资金约50亿元，扣除相关费用后募 资净额约为 ...

随着投资热度的回升， 锂电行业多家企业IPO传来新进展！部分企业或开启申购、或顺利敲钟上市，也有企业一波三折，再次按下" 暂停 键"。 3月31日，从 深交所网站获悉， 共有16家企业更新IPO审核状态为"中止"， 其中有4家企业属于锂电行业，中止原因均为 财务资料已过有效 期。 01 电池端： 朗泰通科技原拟募资7亿元 东莞市朗泰通科技股份有限公司成立于2015年12月17日，是 专注电池研发、生产、销售与服务的高新技术企业，深耕电池行业20多年，目 前拥有磷酸铁锂、三元、镍氢等多种类的电池产线，主营产品包括32、26、18等系列圆柱电池及方向电池。 朗泰通科技于2022年10月开始辅导备案，2023年6月获受理，同年7月已问询，今年3月因 财务资料过期被中止。 招股书显示， 朗泰通科技 本次IPO计划募资7.02亿元，用于两大项目和补充流动资金，其中磷酸铁锂电池生产基地建设项目、研发中心建设 项目均 已获得相关主管部门的审批或备案。 | | | | | 单位: 万元 | | --- | --- | --- | --- | --- | | 序号 | 项目名称 | 总投资额 | 拟投入募集资金 | 建设期 | ...

Summary of Conference Call Notes Company Overview - The company discussed is Zhongke Electric, which has transitioned from magnetic equipment to the anode materials industry, with over 90% of its revenue now coming from this core business [2][5][8]. Industry Insights - The anode materials market is experiencing a competitive landscape where leading companies hold 60%-70% of the market share, with secondary companies like Shangtai and Zhongke increasing their market presence [2][12]. - The lithium battery industry is seeing a marginal improvement in supply-demand dynamics, particularly in the anode materials sector, due to a decrease in petroleum coke prices, which alleviates cost pressures [3][12]. Key Points and Arguments - **Profitability Outlook**: Zhongke Electric is expected to achieve profits of 310 million, 600 million, and 860 million yuan from 2024 to 2026, indicating a strong growth trajectory [2][7][17]. - **Cost Management**: The company has implemented cost reduction and efficiency improvement measures since 2024, leading to a significant decrease in overall expense ratios, particularly in R&D [9][8]. - **Market Position**: The company has established joint ventures with leading lithium battery manufacturers to enhance production capacity and reduce costs, aiming for 260,000 tons of artificial graphite capacity and 240,000 tons of graphitization capacity by the end of 2025 [2][14]. - **Fast-Charging Anode Materials**: Fast-charging anode materials are becoming crucial due to the rise of 5C fast-charging vehicles, with Zhongke Electric and other leading firms positioned to benefit from this trend [2][4][15]. Additional Important Content - **Future Capacity Expansion**: The company plans to build an additional 100,000 tons of anode material capacity in Morocco, expected to be operational by 2026 [14]. - **Product Development**: The focus on high-performance fast-charging products is expected to drive revenue growth, with significant applications in the electric vehicle and energy storage sectors [15][17]. - **Market Dynamics**: The supply-demand relationship for anode materials is projected to improve by 2025 due to limited new capacity growth, which is expected to lag behind demand growth [13]. Financial Performance - The company’s gross margin has been under pressure but is expected to recover starting from 2023-2024 due to improved cost management and operational efficiency [2][8]. - Despite recent stock price fluctuations due to tariffs and market sentiment, the company’s valuation is anticipated to normalize as the export ratio of lithium materials to the U.S. remains low [7]. This summary encapsulates the key insights and projections regarding Zhongke Electric and the anode materials industry, highlighting the company's strategic initiatives and market positioning.

碳酸锂日报 碳酸锂日报（2025 年 4 月 10 日） 一、研究观点 点 评 请务必阅读正文之后的免责条款部分 EVERBRIGHT FUTURES 1 1. 昨日碳酸锂期货 2505 合约跌 1.05%至 69900 元/吨。现货价格方面，电池级碳酸锂平均价下跌 1000 元/吨至 71400 元/吨，工业级碳酸锂下跌 1000 元/吨至 69450 元/吨，电池级氢氧化锂（粗颗粒）下 跌 100 元/吨至 69150 元/吨，电池级氢氧化锂（微粉）下跌 100 至 74275 元/吨。仓单方面，昨日仓 单库存增加 380 吨至 28783 吨。 2. 供应端增速放缓，周度产量环比增加 307 吨至 17625 吨、4 月预计碳酸锂产量预计环比增加 1.1%至 8 万吨。需求维持旺季态势，4 月三元材料产量预计环比增加 7%至 6.2 万吨；4 月磷酸铁锂产量预 计环比增加 0.7%至 26 万吨。终端，据乘联会分会，3 月份全国新能源乘用车零售 99.1 万辆，同比 增长 38%，环比增长 45%。库存方面，周度碳酸锂库存环比增加 1477 吨至 12.9 万吨，其中上下游 增加，其他环节减少。 3. ...

Core Viewpoint - The article highlights the accelerated expansion of China's lithium battery industry in Europe, particularly through the establishment of a battery factory by EVE Energy in Hungary, which signifies a strategic move to mitigate capacity risks amid global trade tensions [2][3]. Group 1: EVE Energy's European Expansion - EVE Energy's wholly-owned subsidiary in Hungary has received construction permits for its first battery factory in Europe, marking a significant step in its expansion efforts [2][3]. - The factory will focus on producing large cylindrical power batteries, which will supply directly to BMW's local factory, indicating a deepening partnership between Chinese battery manufacturers and major European automakers [3]. - EVE Energy is not only building capacity but is also advancing technology sharing and ecosystem development, reflecting a deeper evolution of Chinese lithium battery companies' overseas strategies [3]. Group 2: Collaboration and Innovation - EVE Energy has signed a memorandum of understanding with Wuhan University and the University of Debrecen in Hungary to establish practical bases by Q3 2027, aiming to enhance industry-academia collaboration and accelerate research outcomes [3]. - In March, Wanhua Chemical signed a joint development agreement with German lithium iron phosphate material company IBU-tec to scale up industrial trials, with preliminary results expected in Q3 2023 [3]. - This collaboration aims to build a local supply chain in Europe and may lead to the establishment of a joint laboratory for battery innovation [3]. Group 3: Equipment and Manufacturing Advances - MANST EG, a subsidiary of Mannesmann, has signed a strategic sales contract with Automotive Cells Company (ACC) to provide core equipment and technical services, marking a breakthrough in the European market [4][5]. - ACC, formed by Stellantis, Mercedes-Benz, and TotalEnergies, is a flagship company in the European battery industry, with battery production set to support Peugeot and Opel electric vehicle models starting in 2024 [4]. Group 4: Broader Industry Trends - Chinese electric vehicle manufacturers, such as BYD, are also increasing their production capacity in Europe, with plans for a third factory in Germany, following the establishment of plants in Hungary and Turkey [6]. - The Chinese Ministry of Commerce has indicated a desire to restart negotiations on electric vehicle anti-subsidy price commitments with the EU, aiming to create a more stable environment for investment and collaboration [7]. - Despite potential short-term demand impacts from tariffs, Chinese companies maintain competitiveness due to advantages in core battery technologies and cost, with prices currently about 40% lower than South Korean counterparts [7].

-广告- 关注公众号，点击公众号主页右上角" ··· "，设置星标 "⭐" ，关注 鑫椤锂电 资讯~ 2025年全球锂电产业链分布图 I C C S I N O 分布图内容 分布图尺寸：1.5米X1米 从覆盖行业角度，本分布图细致入微地描绘了全球锂电产业从原材料、四大主材、电池制造到终端应 用的全链条生态。从覆盖地域角度，本分布图包含中国、北美、欧洲、日韩东南亚四大锂电产业主要 聚集区。 分布图领取资格 转发本文到朋友圈 ，添加小编免费领取，19921233064（微信同）。 会议详情 I C C S I N O 会议主办： 鑫椤资讯 会议咨询及分布图领取 ▼ 会议时间： 2025年7月9-10日（9号报到） 会议地点： 上海·嘉定 ...

4月1日晚间，A股新能源材料上市公司中伟股份（300919）公告，为深入推进"发展全球化"战略部署，打造国际化资本运作平台，助力全球 产业布局持续升维，加快构建国内国际双循环格局。经公司充分研究论证，拟发行H股股票并在香港联合交易所有限公司主板挂牌上市。 今年2月，有报道称，中伟股份正与摩根士丹利、华泰证券合作，筹划在香港上市，计划募资4亿至5亿美元。 关于海外印尼镍冶炼项目的进展方面，中伟股份此前表示，公司积极推进印尼各镍中成品生产基地建设及运营，稳定原材料供应体系并提高企 业整体话语权，在保障体量增长的同时提升风险抵御能力。从冶炼端看，公司目前已在印尼建立四大镍原料产业基地，建成及在建产能规模近 20万金属吨；其中，德邦、翡翠湾项目年产冰镍5.5万金属吨，全部实现满产；NNI8万金属吨冰镍项目以及印尼中青新能源6万金吨冰镍项目 均处于产能爬坡阶段。 2024年1-9月，中伟股份在印尼镍产品整体产出超6万金属吨，后续随着印尼镍冶炼项目产能放量，将持续推动公司盈利提升。从资源端看， 公司持续完善镍资源布局，与印尼具有镍资源开采权的相关企业通过共同投资、获取包销权等方式，共同参与红土镍矿的开发与冶炼，共建全 链 ...

-广告- 关注公众号，点击公众号主页右上角" ··· "，设置星标 "⭐" ，关注 鑫椤锂电 资讯~ 2025年全球锂电产业链分布图 I C C S I N O 分布图内容 分布图尺寸：1.5米X1米 从覆盖行业角度，本分布图细致入微地描绘了全球锂电产业从原材料、四大主材、电池制造到终端应 用的全链条生态。从覆盖地域角度，本分布图包含中国、北美、欧洲、日韩东南亚四大锂电产业主要 聚集区。 分布图领取资格 转发本文到朋友圈 ，添加小编免费领取，19921233064（微信同）。 分布图快递详情 会议详情 I C C S I N O 会议主办： 鑫椤资讯 会议咨询及分布图领取 ▼ 会议时间： 2025年7月9-10日（9号报到） 会议地点： 上海·嘉定 正在按照登记顺序，依次派发中...... ...

Core Viewpoint - The article discusses the challenges faced by Nezha Auto, including significant debt, internal organizational turmoil, and the need for international expansion as a survival strategy in the current economic climate [1][2][3]. Group 1: Nezha Auto's Financial Situation - Nezha Auto has signed a debt-to-equity conversion agreement worth over 2 billion yuan with 134 core suppliers, including major battery suppliers like CATL and Guoxuan High-Tech, as a key self-rescue measure amid nearly 10 billion yuan in debt [1][2]. - By the end of 2024, Nezha Auto's losses are expected to expand to 4.5 billion yuan, with total liabilities nearing 10 billion yuan, of which 60%-70% are accounts payable to suppliers [2]. - The debt-to-equity conversion only covers 20%-25% of Nezha's total liabilities, highlighting the persistent issues from the previous industry cycle [4]. Group 2: Internal Changes and Management Challenges - Nezha Auto is experiencing significant internal upheaval, with changes in key leadership positions, including the CEO and CTO, indicating instability within the organization [2][3]. - The management restructuring aims to improve decision-making efficiency, as seen in the case of Gree, which made substantial changes to its executive team to enhance operational effectiveness [5][6]. Group 3: Industry Trends and Challenges - The article notes that Nezha Auto is not alone in facing these challenges; many companies in the lithium battery industry are also grappling with internal and external pressures, leading to a focus on international expansion and financing [1][4]. - The transition to a new industry cycle is marked by significant adjustments, with companies like Gree and Ganfeng Lithium focusing on cost reduction and efficiency improvements [5][6]. Group 4: International Expansion and Market Opportunities - Nezha Auto plans to leverage its debt-to-equity conversion to support its international expansion, particularly in Southeast Asia, where it has secured local financial backing [7][11]. - The article highlights the increasing importance of international markets for electric vehicle exports, with 2024 seeing a record export of over 2 million electric vehicles [8][9]. Group 5: Obstacles to International Expansion - Companies face multiple challenges in international markets, including tariffs, high operational costs, and compliance with regulations such as the EU's Battery Law [10][11]. - The article emphasizes the need for companies to manage their financial health carefully while pursuing international opportunities, as the risk of financial strain remains significant [11][12].

近日， 化肥龙头跨界锂电布局再度 启幕。 云图控股 3 月 28 日晚间公告，公司近日与广西贵港市人民政府、贵港市覃塘区人民政府签署了《云图智领绿色化工新能源材料项目投资合 作协议书》，拟在贵港覃塘产业园区投资建设云图智领绿色化工新能源材料项目。 公告显示， 该项目总投资约 159 亿元人民币，分三期建设。 2022 年， 云图控股曾公布一份拟募资约 20 亿元的定增项目，其中包含计划建设年产 35 万吨电池级磷酸铁产能和 60 万吨缓控释复合肥 产能以及相关配套设施。 该项目建设内容包括 120 万吨 / 年高效复合肥、 200 万吨 / 年合成氨、 300 万吨 / 年尿素、 50 万吨 / 年液体及颗粒硝铵、 42 万吨 / 年硝酸、 60 万吨 / 年尾气清洁剂、 30 万吨 / 年磷酸铁、 15 万吨 / 年磷酸铁锂 、 25 万吨 / 年精制酸、 21 万吨 / 年双氧水、 25 万 吨 / 年空分液体产品、 25 万吨 / 年液体 CO2 、 6 万吨 / 年硫酸等生产装置等。 01 化肥龙头入局锂电 作为化肥龙头， 云图控股深耕化肥行业 30 年，已建成除尿素外的氮肥、磷肥完整产业链。 通过实 ...