盘前要闻 1、磷酸铁锂行业正在发生集体提价行动，机构称锂电行业供需拐点已至 类型：行业 情绪影响：正面 有报道称，磷酸铁锂行业正在发生一场集体提价行动。该报道显示，近期多家龙头企业已向客户发出明 确的涨价通知。龙蟠科技表示，公司销售人员也正在和客户积极沟通涨价事由。开源证券认为，动储需 求旺盛，锂电行业产业链供需拐点已至。 2、发改委主任郑栅洁：采取超常规措施，推动关键核心技术攻关取得突破 类型：宏观 情绪影响：正面 4、英伟达CFO访谈：OpenAI千亿大单尚未敲定，领先优势绝对没缩小 类型：公司 情绪影响：正面 国家发展改革委主任郑栅洁发文横，加快高水平科技自立自强，引领发展新质生产力。加强原始创新和 关键核心技术攻关，采取超常规措施，全链条推动重点领域关键核心技术攻关取得决定性突破。文章还 提出，要做强国内大循环，畅通国内国际双循环。坚持扩大内需这个战略基点，大力提振消费。 3、中央金融办副主任王江：增强上市公司分红稳定性、持续性和可预期性 类型：宏观 情绪影响：正面 中央金融办分管日常工作的副主任王江人民日报撰文指出，促进资本市场健康稳定发展，提高资本市场 制度包容性、适应性，增强上市公司分红稳定性、 ...

Group 1 - The chemical sector has regained momentum, with the Chemical ETF (516020) experiencing a maximum intraday increase of 1.39% and closing up 1.01% [1][6] - Key stocks in the sector include Hangzhou Oxygen Plant, which surged over 5%, and other significant gains from Yara International and Zangge Mining, both exceeding 4% [1][6] - The domestic first large-capacity all-solid-state battery production line has been completed and is in small-batch testing, potentially doubling battery energy density by 2026 [1][6] Group 2 - CITIC Securities highlights strong investment enthusiasm in energy storage, with policies supporting capacity compensation and a high growth rate in demand for renewable energy [3][8] - The chemical sector is currently viewed as having a favorable cost-performance ratio, with the Chemical ETF's price-to-book ratio at 2.33, placing it in the lower 39.73% of the last decade [3][9] - China Galaxy Securities anticipates a negative growth in capital expenditure for the chemical industry starting in 2024, with supply-side contraction expected due to the "anti-involution" trend and the clearing of outdated overseas capacity [4][10] Group 3 - The Chemical ETF (516020) tracks the CSI segmented chemical industry theme index, covering various sub-sectors, with nearly 50% of its holdings in large-cap leading stocks like Wanhua Chemical and Salt Lake Potash [4][10] - The ETF provides a more efficient way to capitalize on the rebound opportunities in the chemical sector, with a balanced exposure to different chemical sub-sectors [4][10]

Market Overview - The market experienced a downturn on December 3, with all three major indices declining: Shanghai Composite Index down 0.42%, Shenzhen Component Index down 0.68%, and ChiNext Index down 0.69% [1] Sector Performance Financial Sector - The diversified financial sector saw gains, with Ruida Futures hitting the daily limit, and companies like New Power Financial, Nanhua Futures, and COFCO Capital also rising [1] Food Sector - The food sector remained active, with Hai Xin Food achieving six consecutive trading limits, An Ji Food with two consecutive limits, and other companies like Yike Food, Nanjiao Food, and Ziyan Food also increasing [1][3] - Central China Securities noted that despite a slowdown in the food and beverage industry, emerging opportunities exist in niche markets, recommending investments in soft drinks and health products [3] Battery Sector - The battery sector surged, with Longpan Technology hitting the daily limit and companies like Defang Nano, Wanrun New Energy, Hunan Youneng, and Haike New Source following suit [1][5] - The price of lithium iron phosphate is increasing, with leading companies issuing price hike notices to clients, indicating a turning point in supply and demand within the lithium battery industry [5] Institutional Insights Currency and Foreign Investment - Dongfang Caifu Securities indicated a strong expectation for the appreciation of the RMB, which may accelerate foreign investment in the A-share market due to improved relative returns on RMB assets [7] Market Conditions for Index Breakthrough - Xinda Securities outlined three conditions for a potential index breakthrough: 1. Incremental policy catalysts, particularly from the upcoming Central Economic Work Conference [8] 2. Improvement in economic data and corporate earnings [9] 3. Significant inflow of retail funds into the market [9] Industry Rotation - Huaxi Securities observed that the slowdown in incremental capital entering the market has led to an acceleration in industry rotation, with a focus on sectors that promote consumption and new productivity [10][11]

人民财讯12月3日电，中信建投指出，储能投资积极性旺盛，容量补偿政策具备持续性，负荷高增速、 新能源持续发展确定储能需求将继续高增，同时AIDC配储为海外市场高增提供确定性。锂电受到反内 卷会议催化企稳回升，当前是谈价和排产验证阶段，市场对需求理解分化未形成一致预期，重点关注后 续排产、谈价情况。储能放量确定性大幅增加，继续看多锂电、储能板块。 （原标题：中信建投：储能放量确定性大幅增加，继续看多锂电、储能板块） ...

Core Viewpoint - The Chinese lithium battery industry is accelerating its international expansion, driven by global energy transition and domestic industrial upgrades, with significant structural changes expected by 2025 [1][2]. Industry Overview - The lithium battery industry in China is the largest globally, supplying 70% of battery materials and 60% of power batteries worldwide [2]. - The export value of lithium-ion batteries from China has increased from $15.94 billion in 2020 to $61.12 billion projected for 2024 [2]. Market Dynamics - The demand for lithium batteries is fueled by the booming global power battery and energy storage industries, leading to a continuous rise in battery shipments from China [2][3]. - From January to October 2025, China's power and other battery exports reached 228.1 GWh, a year-on-year increase of 43.9% [3]. Strategic Developments - Domestic lithium battery companies are evolving their "going out" strategies from merely exporting products to a more integrated approach involving capacity, technology, and capital [4]. - Leading companies like CATL are making significant progress in overseas expansions, with a factory in Hungary expected to complete its first phase by the end of 2025 [4]. Global Expansion Initiatives - Companies are actively pursuing global projects, such as Tianqi Lithium's initiatives in Morocco and the United States, with construction expected to start between late 2025 and early 2026 [5][6]. - Strategies for overseas expansion include "step-by-step factory establishment and localized procurement," ensuring compliance and building competitive advantages through technology transfer and joint ventures [6].

Group 1 - The article highlights the significant market share of the company in the photovoltaic fine tungsten wire sector, exceeding 80% [1] - The company has invested 2.2 billion yuan to further enhance its presence in the new energy sector, focusing on FPC, CDU, batteries, energy storage, and AI computing centers [1] - The company plans to raise 3.7 billion yuan through a private placement to fund high-end storage projects aimed at the AI field, including main control chips and advanced packaging [1]

Report Summary 1. Investment Rating No investment rating for the industry is provided in the report. 2. Core View The price of lithium carbonate is oscillating and stabilizing. The futures and spot prices have shown an upward trend in the past 10 trading days, the negative basis has strengthened, the registered warehouse receipts have increased, and new production capacity is continuously being released [4]. 3. Summary by Section 3.1 Industry Dynamics - **Futures Market**: The closing price of the main contract LC2605.GFE was 96,560 yuan/ton, down 380 yuan/ton (-0.39%) from the previous day, and up 1,160 yuan/ton compared to 5 trading days ago. The settlement price was 96,380 yuan/ton, down 880 yuan/ton from the previous day and up 3,160 yuan/ton compared to 5 trading days ago [4][6]. - **Lithium Concentrate**: The prices of lithium concentrate from different origins showed various changes. For example, the price of Australian CIF6 China lithium concentrate was 1,190 - 1,240 US dollars/ton, down 10 - 0 US dollars/ton from the previous day and up 80 - 90 US dollars/ton compared to 5 trading days ago [6]. - **Lithium Mica**: The prices of lithium mica with different Li2O contents all increased. For instance, the average price of lithium mica (Li2O: 1.5 - 2) in China was 1,680 yuan/ton, up 15 yuan/ton from the previous day and up 75 yuan/ton compared to 5 trading days ago [6]. - **Lithium Carbonate and Lithium Hydroxide**: The price of domestic lithium carbonate (99.5% electric) was 94,460 yuan/ton, up 70 yuan/ton from the previous day and up 2,500 yuan/ton compared to 5 trading days ago. The price of domestic lithium hydroxide (56.5%) was 82,620 yuan/ton, up 80 yuan/ton from the previous day and up 1,500 yuan/ton compared to 5 trading days ago [6]. - **Downstream Products**: The prices of some downstream products remained stable, while some increased slightly. For example, the price of electrolyte (lithium manganate) was 38,000 yuan/ton, up 2,000 yuan/ton compared to 5 trading days ago [6]. 3.2 Related Charts - **Ore and Lithium Prices**: The report presents charts of price changes for lithium mica, lithium carbonate futures, lithium hydroxide, lithium carbonate basis, and the spread between lithium hydroxide and lithium carbonate [8]. - **Cathode & Ternary Materials**: Charts show the price changes of manganese - acid lithium, lithium iron phosphate, ternary materials, cobalt - acid lithium, and ternary precursors [10][14]. - **Other Related Data of Lithium Carbonate Futures**: Charts display the changes in the trading volume, open interest, and registered warehouse receipts of lithium carbonate futures [16][18][20].

Core Viewpoint - The 2025 (10th) Qidian Lithium Battery Industry Annual Conference and the Lithium Battery Golden Ding Award Ceremony will focus on the theme "New Cycle, New Technology, New Ecology," aiming to summarize the past decade of the lithium battery industry and explore future development opportunities [2]. Event Background and Significance - The Qidian Lithium Battery Industry Annual Conference is a significant annual event that has been held for nine consecutive years, attracting over 1000 participants each year from the entire lithium battery supply chain [2]. - The 2025 event marks the 10th anniversary of both the conference and Qidian Research, providing a platform for industry professionals to discuss new materials, technologies, and industry dynamics [2]. Event Details - Event Name: 2025 (10th) Qidian Lithium Battery Industry Annual Conference and Lithium Battery Golden Ding Award Ceremony - Event Date: December 18-19, 2025 - Location: Venus Royal Hotel, Shenzhen - Expected Scale: Over 1200 offline participants and 30,000 online viewers [2][3]. Highlights of the Event - The conference will feature over 1200 guests discussing industry development, nine specialized forums, and more than 60 prominent speakers addressing key issues [4]. - The 10th Lithium Battery Golden Ding Award will be held concurrently, recognizing outstanding contributions to the lithium battery industry [4][7]. - The event will also include the 2025 China New Energy Entrepreneurs Club Council meeting, facilitating direct interactions among corporate leaders [4]. Agenda Overview - The agenda includes specialized sessions on various battery technologies, such as cylindrical batteries, soft-pack batteries, and new materials and processes, with discussions on trends and innovations [5][6]. - The first day will feature an opening ceremony and multiple specialized sessions focusing on different battery technologies and their applications [5][6]. Golden Ding Award - The Golden Ding Award is an annual evaluation of outstanding brands in the new energy battery industry, aimed at promoting innovation and sustainable development [7][8]. - The award registration period is from September 1, 2025, to November 25, 2025, with the final winners announced between December 1 and December 10, 2025 [8][9]. Participation and Registration - Registration for the event is priced at 2888 yuan per person, which includes access to the conference, meals, and industry white papers [10]. - The awards cover various categories, including technology innovation in different battery types and materials, as well as recognition for service providers and trusted brands in the industry [11].

Group 1: Event Overview - The 2025 (10th) Lithium Battery Industry Annual Conference and Lithium Battery Golden Ding Award Ceremony will be held on December 18-19, 2025, at the Venus Hall, Shenzhen Venus Royal Hotel [2][17] - The event will focus on themes of "New Cycle, New Technology, New Ecology" and is expected to attract over 1,200 offline participants and 30,000 online viewers [2][17] - The event is organized by Qidian Lithium Battery, Qidian Solid-State Battery, Qidian Energy Storage, and Qidian Research Institute SPIR [2] Group 2: Company Updates - CATL (Contemporary Amperex Technology Co., Limited) announced a salary increase for employees at levels 1-6, effective January 1, 2026, with a basic salary adjustment of 150 yuan [3][7] - As of the end of 2024, CATL employed 132,000 people, with an average salary of 236,300 yuan, reflecting an increase of 10,600 yuan from the previous year [8] - For the first three quarters of 2025, CATL reported a revenue of 283.17 billion yuan, a year-on-year increase of 9.28%, and a net profit attributable to shareholders of 49.03 billion yuan, up 36.20% year-on-year [9]

新周期 新技术 新生态，由起点锂电、起点储能、起点研究院SPIR主办的 2025（第十届）起点锂电行业年会暨锂电金鼎奖颁奖典礼&起点研究 十周年庆典、2025起点用户侧储能及电池技术论坛 将于 12月18-19日在深圳市维纳斯皇家酒店 举办。会议包含6大专场，聚焦50+热门议 题，将邀请锂电产业链1200+企业嘉宾代表齐聚，共探锂电周期新未来！ 经组委会确认， 深圳市中天和自动化设备有限公司 将作为金牌（广告牌）赞助商重点支持 本届年会举办！ 欢迎行业人士前往参会、交流！ 企业介绍 深圳市中天和自动化设备有限公司成立于2010年，是一家自主创新型高新、专精特新企业。主营产品： 全自动高速模切、高速叠片、切叠一体 机、全自动焊接线、全自动封装线、全自动物流线及智能立体仓储系统等高端自动化设备。 目前公司已与深圳华为、雄韬集团、木星时代、星恒电源、超威集团、蜂巢能源、春兰能源、理士国际、上海兰钧、多弗多等知名企业合作、服 务。2023年8月成立江苏泰州中天和生产基地，将不断发展核心技术和工艺优化，为新能源产业发展助力。 MSCA中天和 中天和智能装备有限公司 Zhong tianhe Intelligent Eq ...