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~ 在此背景下， 鑫椤资讯将于2025年7月8日-9日（8日报到）在上海·浦东假日酒店举办"2025（第三届） 中国固态电池技术发展与市场应用高峰论坛"， 旨在汇聚全球固态电池领域的顶尖专家学者、企业领袖、 投资机构代表等，共同探讨固态电池技术的最新研究进展、产业化路径、市场应用趋势以及面临的挑战与 机遇。通过搭建高端交流合作平台，促进产学研用深度融合，加速固态电池技术的创新突破与产业化进 程，推动全球固态电池产业的健康可持续发展，为全球能源转型与低碳发展贡献智慧与力量。 会议详情 I C C S I N O 会议主办： 鑫椤资讯 本文来源： 金龙羽集团 5月20日，金龙羽新能源（深圳）有限公司迎来高光时刻，成功与客户签订无人机用高能量密度固态电芯 采购订单，该订单所采购的电芯为 EC01系列超能固态电芯 ，其能量密度高达500Wh/kg。订单约定， 一年内采购 十万支电芯产品 ， 这标志着公司在高性能定制化锂电池领域迈向新高度。 此次订单是金龙羽新能源公司发展的重要里程碑，意味着公司在无人机高性能定制化电池细分市场领域的 ...

天力锂能于2022年8月29日在深交所创业板上市，公开发行股票3,050.0000万股，发行价格为57.00元/ 股，保荐机构(主承销商)为民生证券股份有限公司(现为国联民生（601456）证券股份有限公司)，保荐 代表人为李凯、马腾。 上市首日，天力锂能盘中最高价报82元，为该股上市以来最高价。该股目前处于破发状态。 天力锂能首次公开发行股票募集资金总额为173,850.00万元，募集资金净额为155,033.16万元。天力锂能 最终募集资金净额较原计划多71,387.50万元。天力锂能于2022年8月23日披露的招股说明书显示，该公 司拟募集资金83,645.66万元，计划用于淮北三元正极材料建设项目、新乡三元正极材料建设项目。 天力锂能首次公开发行股票的发行费用总额为18,816.84万元，其中，保荐及承销费用16,315.75万元。 中国经济网北京5月20日讯天力锂能（301152）(301152.SZ)昨日披露关于股东减持股份的预披露公告 称，公司于2025年5月19日收到股东安徽高新投新材料产业基金合伙企业(有限合伙)(以下简称"新材料基 金")发来的《股份减持告知函》。 持有公司股份7,692, ...

Core Insights - The global battery giant CATL (Contemporary Amperex Technology Co., Limited) has officially listed on the Hong Kong Stock Exchange, marking the largest IPO of the year with a market capitalization of HKD 1.34 trillion [2][4]. - The IPO is expected to raise approximately HKD 30.718 billion, with cornerstone investors committing to purchase shares worth around HKD 20.371 billion [2]. - CATL's founder, Zeng Yuqun, has significantly expanded the company's investment portfolio beyond battery manufacturing, covering various sectors including electric vehicles, energy storage, and semiconductor chips [3][11]. Company Overview - CATL was founded in 2011 after Zeng Yuqun separated the battery division from ATL (Amperex Technology Limited), which had become a major player in the lithium-ion battery market [7][9]. - The company has rapidly grown to become a leader in the global new energy vehicle battery sector, benefiting from favorable government policies and a strong supply chain [8][9]. - As of 2021, CATL's market value surpassed HKD 1 trillion, solidifying its position as a dominant force in the battery industry [9]. Investment Strategy - CATL has established a broad investment strategy, engaging in direct investments and participating as a limited partner (LP) in various venture capital funds [3][13]. - The company has invested in numerous projects related to new energy and lithium batteries, including partnerships with major automotive manufacturers [11][12]. - In 2024, CATL announced plans to build a factory in Beijing, further solidifying its ties with downstream clients [12]. Market Impact - The growth of CATL has significantly transformed the industrial landscape of Ningde, Fujian Province, creating a complete lithium battery supply chain and boosting local employment and tax revenues [16]. - The company has played a pivotal role in establishing Ningde as a hub for new energy industries, attracting over 200 related enterprises [16][17]. - CATL's influence extends to the capital market, with the recent IPO of a local tea company marking a milestone for Ningde's presence in the U.S. stock market [18].

分析师：张刚 登记编码：S0730511010001 zhanggang@ccnew.com 021-50586990 晨会聚焦 证券研究报告-晨会聚焦 发布日期：2025 年 05 月 20 日 资料来源：聚源，中原证券研究所 -18% -13% -8% -3% 2% 8% 13% 18% 2024.05 2024.09 2025.01 2025.05 上证指数 深证成指 | 国内市场表现 | | | | | --- | --- | --- | --- | | 指数名称 | | 昨日收盘价 | 涨跌幅(%) | | 上证指数 | | 3,367.58 | 0.00 | | 深证成指 | | 10,171.09 | -0.08 | | 创业板指 | | 2,022.77 | -0.47 | | 沪深 | 300 | 3,877.15 | -0.31 | | 上证 | 50 | 2,443.97 | -0.52 | | 科创 | 50 | 891.46 | 0.14 | | 创业板 | 50 | 1,924.26 | -0.67 | | 中证 | 100 | 3,725.50 | -0.28 | | 中证 | ...

Summary of Key Points from Conference Call Records Industry or Company Involved - **Construction Industry**: Focus on Sichuan Road and Bridge, China Chemical, Honglu Steel Structure - **Building Materials Industry**: Emphasis on consumer building materials and specific companies - **Environmental Industry**: Highlighting water and waste incineration sectors - **Pork Industry**: Analysis of pig prices and leading companies - **Agriculture Sector**: Focus on Haida Group - **Banking Sector**: Analysis of Ningbo Bank - **Media Sector**: Overview of the media industry and specific companies - **Steel Industry**: Insights on major steel companies - **Sportswear Industry**: Analysis of Anta Sports - **Liquor Industry**: Overview of the liquor market and key players Core Points and Arguments Construction Industry - **Sichuan Road and Bridge**: Expected to benefit from the Chengdu-Chongqing economic circle strategy, with a projected dividend yield of 6.2% in 2025 and a 25% upside potential in market value [1][3][4] - **China Chemical**: Strong overseas order growth, particularly benefiting from Xinjiang coal chemical construction, with a projected order volume of 400-500 billion [1][3][4] - **Honglu Steel Structure**: Anticipated 30%+ growth in performance due to improved export expectations and smart production efficiencies [1][4] Building Materials Industry - **Consumer Building Materials**: 2025 is expected to be a bottom year, with 2026 as a turning point due to resilient second-hand housing market demand [1][6][7][8] - **Key Companies**: Focus on Beixin Building Materials and Yilong Co., with projected growth rates of over 30% [1][9] Environmental Industry - **Water and Waste Incineration**: High dividend yield sectors, with water pricing reforms expected to enhance profitability [1][10][11][12] - **Specific Companies**: Hongcheng Environment and Hanlan Environment recommended for their stable growth and high dividend rates [1][12][13] Pork Industry - **Price Trends**: Pig prices are expected to remain above the breakeven point, with leading companies like Muyuan and Wens becoming attractive investment targets [1][16] Agriculture Sector - **Haida Group**: Projected significant growth in overseas markets, with a focus on expanding production capacity [1][17] Banking Sector - **Ningbo Bank**: Strong long-term investment value with a projected PB of 0.7x and a net interest income growth of over 15% [1][18][20] Media Sector - **Overall Performance**: The media sector has shown significant recovery, with recommended stocks including Mango Super Media and Kaiying Network [1][25][26][28] Steel Industry - **Current Trends**: High capacity utilization and stable smelting profits, with recommended stocks including Baosteel, Nanjing Steel, and Hualing [1][36][40][41][42][43] Sportswear Industry - **Anta Sports**: Expected to achieve double-digit revenue growth over the next three years, with a stable dividend policy [1][32][33] Liquor Industry - **Market Recovery**: Major liquor companies like Moutai and Wuliangye are expected to maintain stable growth, with a focus on dividend policies [1][34][35] Other Important but Possibly Overlooked Content - **Market Environment**: Current market conditions are characterized by unpredictable external changes, making long-term value investment strategies more favorable [2] - **Investment Opportunities**: Emphasis on identifying undervalued stocks across various sectors, particularly in the context of changing economic conditions and consumer demand [1][31]

每经记者｜吴泽鹏 每经编辑｜杨夏 5月19日晚间，万润新能（688275.SH，股价36.81元，市值46.42亿元）发布公告，称近日与宁德时代 （300750.SZ，股价260元，市值11448.83亿元）签订协议，由公司向宁德时代提供磷酸铁锂产品，2025 年5月至2030年预计总供货量约132.31万吨。 《每日经济新闻》记者查询到，万润新能去年的磷酸铁锂出货量为22.82万吨，销售收入约为72.67亿 元，占主营业务收入的98.93%。 而电池龙头宁德时代近期与不少车企签订协议，例如2月份公司与福特汽车签订5年供货协议，锁定2026 年至2030年磷酸铁锂电池稳定供应，近日又宣布与本田中国签署深化合作备忘录，双方展开全方位升级 合作的领域包括磷酸铁锂电池等。而在供应端，除了万润新能外，记者还查询到，今年1月，宁德时代 与龙蟠科技（603906.SH，股价11.08元，市值73.69亿元）签订了不限于磷酸铁锂的采购协议，采购上限 70亿元。 有观点认为，在动储市场带动下，磷酸铁锂成为国内外车企、业主更为青睐的技术路线，上游磷酸铁锂 正极材料供应商因此成为"拿单大户"。 中银证券研报针对磷酸铁锂的深度研报 ...

《锂电池行业月报：销量同比高增长，短期 关注》 2025-05-13 《锂电池行业月报：销量持续高增长，短期 适度关注》 2025-04-14 《锂电池行业月报：销量同比高增长，短期 可关注》 2025-03-12 联系人：李智 马嶔琦 mough@ccnew.com 021-50586980 业绩显著改善，板块可关注 锂电池 分析师：牟国洪 登记编码：S0730513030002 证券研究报告-行业专题研究 强于大市(维持) 锂电池相对沪深 300 指数表现 资料来源：中原证券研究所，聚源 相关报告 2025 年锂电池指数强于沪深 300 指数。2025 年以来，锂电池指数 走势总体强于沪深 300 指数，截止 5 月 16 日锂电池指数上涨 4.75%，跑赢沪深 300 指数 2.95 个百分点；豫股锂电池标的走势弱 于板块指数。 风险提示： 国内外宏观经济下滑超预期；新能源汽车销售不及预期； 行业政策执行力度不及预期；行业竞争加剧；细分领域价格大幅波动； 系统风险。 ——锂电池行业 2024 年年报总结及展望 锂矿发布日期：2025 年 05 月 19 日 本报告版权属于中原证券股份有限公司 www.c ...

天力锂能：股东计划减持不超过3%公司股份 金十数据5月19日讯，天力锂能公告称，股东安徽高新投新材料产业基金合伙企业计划自公告披露之日 起15个交易日后的3个月内，以集中竞价和大宗交易方式减持公司股份不超过3,562,200股，占公司总股 本的3%。 ...

Group 1 - Company Weili plans to transfer 100% equity of its wholly-owned subsidiary Dunhua Zhongneng Environmental Power Co., Ltd. to Chengfa Environment for a total consideration of approximately 323 million yuan, which includes a transfer price of 100 million yuan and shareholder loans of about 223 million yuan [3] - Company Wanrun New Energy has signed a business cooperation agreement with CATL to supply lithium iron phosphate products, with an estimated total supply of approximately 1.32 million tons from May 2025 to 2030, and a commitment for monthly procurement of at least 80% of the agreed supply [4] - Company Shouhua Gas intends to purchase bauxite resources through market-based methods, with a purchase amount not exceeding 30% of the latest audited total assets or 100% of net assets within 12 months [5] Group 2 - Company Gaon Environment received an administrative regulatory decision from the Beijing Securities Regulatory Bureau due to insufficient basis for goodwill impairment and inaccurate disclosure of related party transactions, resulting in a warning letter issued to the company and its key personnel [6] - Company Hongxin Electronics' subsidiary signed two contracts for computing power services and hardware procurement, with total contract amounts of 177 million yuan and 385 million yuan respectively, enhancing the company's market share in the AI business [7] - Company Shanghai Xinyang plans to invest 30 million yuan in the establishment of the Qixin Fund, focusing on investments in semiconductor, integrated circuits, AI, new materials, and advanced manufacturing sectors [8] Group 3 - Company Baiyunshan's subsidiary Guangzhou Pharmaceutical will be listed on the New Third Board starting May 20, 2025 [9] - Company Jincheng signed a service agreement for underground mining operations at the Komakau Copper Mine, with a total contract value of approximately 805 million USD over a five-year period [11] - Company Dongzhu Ecology signed an EPC general contracting agreement worth approximately 3.5 billion yuan for a land consolidation project in Laos, with a contract duration of three years [12] Group 4 - Company Youa signed a strategic cooperation framework agreement with Changsha Guokong Capital and Tsinghua Electronics Institute to promote the semiconductor industry upgrade in Changsha [13] Group 5 - Company Wanfeng plans to reduce its shareholding by up to 1.75% through block trading [15] - Company Hexing Packaging intends to repurchase shares worth between 50 million to 100 million yuan for employee stock ownership plans, with a maximum repurchase price of 4.67 yuan per share [17] - Company Zhaoxun Media plans to repurchase shares worth between 100 million to 200 million yuan for employee stock ownership plans, with a maximum repurchase price of 14.8 yuan per share [18]

万润新能公告，公司自2025年5月起向宁德时代（300750）供应磷酸铁锂产品，预计2025年至2030年总 供货量约132.31万吨。宁德时代承诺期间每月度采购量不低于公司承诺量的80%。本协议为公司日常经 营重大合同，利于公司与下游客户建立长期合作关系，促进产品稳定销售，提升持续经营能力、核心竞 争力和市场占有率。若顺利履行，将对公司当期及未来业绩产生积极影响。 ...