2月1日，英联股份（002846）发布公告，详细披露其控股子公司江苏英联复合集流体有限公司(以下简 称"江苏英联")长期股权激励计划的最新进展。公司在完成第一期激励计划人员调整的基础上，正式启 动第二期股权激励，旨在进一步绑定核心团队与业务发展，加速新能源汽车动力锂电池材料项目的产业 化进程。 公告显示，公司于2023年1月16日召开临时股东大会，审议通过了对外投资30.89亿元建设新能源汽车动 力锂电池复合铜箔、复合铝箔项目(以下简称"复合集流体项目")。该项目达产后年产能预计达5亿平方 米复合铜箔和1亿平方米复合铝箔，旨在切入新能源汽车产业链关键材料领域。为推进项目落地，公司 于2023年2月在江苏省扬州高邮市设立控股子公司江苏英联作为实施主体。江苏英联组建了由博士、硕 士领衔的技术团队，覆盖真空物理、光学膜等专业领域，并积极推动产业链协同。 公司在公告中表示，本次激励计划将战略核心团队利益与公司发展深度绑定，有助于提升决策科学性和 经营质量，加速复合集流体项目的技术突破和产业化落地。通过持续优化股权激励，有助于公司在新能 源汽车材料领域巩固和增强竞争优势。(王珞) 截至目前，江苏英联在产能建设方面已具备 ...

21世纪经济报道记者 李果 南宁、钦州报道 造一条出海新通道 "今年6月左右平陆运河就将基本竣工。"广西平陆运河建设有限公司副总经理、总工程师潘剑说，接下来几个月是设备调试和试 航阶段。 1月27日，21世纪经济报道记者跟随潘剑从钦州出发，驱车前往平陆运河马道枢纽船闸的所在地，在历经4年修建后，这条运河 距离竣工已进入冲刺阶段。 潘剑表示，全长134.2公里的平陆运河并非完全新建，其中最主要的新建河道约6.5公里，是将两条江的"分水岭"凿开，让西江水 与下游的钦江联通，剩余河道则沿用既有的钦江，但即使如此，既有河道也会进行截弯取直，便于大型货船通过。 马道枢纽船闸正位于新建的河道处，通航后上游的河水流向将发生变化，过去是往北入西江，以后会倒流向南，成为平陆运河 的起点。 车行驶约一小时后拐进一条依山而建的村道，可见数量运渣车从村道下方临时修建的坡道缓慢爬上来，坡道的终点处，是一条 宽阔的"公路"。"这就是平陆运河的河道。"潘剑说。若非他提醒，很容易误以为这是一条在建的高速公路。 在中国所有沿海省份中，南宁是唯一没有直接入海口的省会（首府）城市，尽管它与大海的距离仅有100多公里，但河流的入海 口却在800多公 ...

展望未来，基于中国市场对长续航需求提升、单车带电量提升、固态电池产业化、欧洲新能源车需求向 好，未来镍系材料仍然具备较大市场增长空间。 格隆汇1月26日丨中伟新材(300919.SZ)近日在电话会议上表示，根据鑫椤统计，2025 年全球产量103.8 万吨，同比增长 7.7%，其中，中伟在三元前驱体市场的出货量仍然保持市场第一。 ...

Group 1: Regulatory News - The China Securities Regulatory Commission (CSRC) has initiated an investigation into Ningbo Ronbay New Energy Technology Co., Ltd. for allegedly misleading statements in a major contract announcement [2] - The CSRC will conduct a comprehensive investigation and take legal action to maintain market stability [2] Group 2: Economic Indicators - The Ministry of Commerce reported that trade between China and Central Asia is expected to reach $106.3 billion in 2025, a year-on-year increase of 12%, with the growth rate improving by 6 percentage points compared to the previous year [2] - This marks the first time that the total trade value between China and Central Asia has exceeded $100 billion, maintaining positive growth for five consecutive years [2] Group 3: Company Performance Forecasts - Guolian Minsheng expects a net profit of 2.008 billion yuan for 2025, an increase of 1.611 billion yuan, representing a year-on-year growth of approximately 406% [4] - Longi Green Energy anticipates a net loss of between 6 billion to 6.5 billion yuan for 2025 [5] - Tongwei Co. predicts a net loss of between 9 billion to 10 billion yuan for 2025 [6] - Aiko Solar expects a net loss of between 1.2 billion to 1.9 billion yuan for 2025 [7] - I Love Home expects a net profit of between 171 million to 190 million yuan for 2025, a year-on-year increase of 40.78% to 56.42% [7] - Oke Yi anticipates a net profit of between 96 million to 110 million yuan for 2025, a year-on-year increase of 67.53% to 91.96% [7] Group 4: Corporate Transactions - Yanjiang Co. has announced a major asset restructuring plan to acquire 98.54% of Yongqiang Technology's shares, with stock resuming trading on January 19 [2][8] - The acquisition will expand Yanjiang's business into high-end electronic information interconnection materials [8] - Minexplosion Optoelectronics is planning to issue shares and pay cash to acquire 100% of Xiamen Xizhi Precision Technology Co., Ltd. and Jiangxi Maida Intelligent Technology Co., Ltd. [9] - Tianyuan Intelligent has received a notice regarding the investigation of its controlling shareholder, but the company's operations remain normal [10]

Group 1: Trade and Economic Developments - Hainan Free Trade Port has seen the registration of over 5,000 foreign trade enterprises since its closure on December 18, 2025, with a total of 5,132 new registrations as of January 17, 2026 [1] - The duty-free sales amount in Hainan reached 4.86 billion yuan, marking a year-on-year increase of 46.8%, with 745,000 shoppers, up 30.2% year-on-year [1] - China has achieved a record high in trade with Central Asian countries, with total imports and exports surpassing 100 billion USD for the first time, maintaining positive growth for five consecutive years [3] Group 2: Company Announcements and Financial Performance - Rongbai Technology is under investigation by the China Securities Regulatory Commission for misleading statements in a major contract announcement [3] - Tongwei Co. expects a net loss of 9 to 10 billion yuan for 2025, while Longi Green Energy anticipates a net loss of 6 to 6.5 billion yuan for the same year [4][6] - Guizhou Moutai has issued a warning regarding fraudulent promotions using its name, indicating potential risks to consumers [3] Group 3: Industry Trends - The photovoltaic industry is undergoing significant adjustments, with several companies, including Longi Green Energy and Tongwei Co., reporting losses [4] - The South American Common Market (Mercosur) and the EU have signed a free trade agreement, marking a significant step towards creating one of the world's largest free trade areas [5]

○中国与中亚国家货物贸易额首破千亿美元 ○2026年铁路春运火车票今起开售 ○寒潮影响我国大部地区 中央气象台连发三预警 商务部18日消息，中国与中亚国家货物贸易规模再创新高，进出口总值历史上首次突破1000亿美元大关，连续5年保持正增长。中国首次跃居中亚各国第一 大贸易伙伴。 18日，海南自贸港全岛封关运作迎来"满月"。封关首月，海口海关在"一线"监管"零关税"货物7.5亿元；海南离岛免税购物金额达48.6亿元，同比增长 46.8%；新增备案外贸企业超5000家。 2026年铁路春运自2月2日开始，至3月13日结束，为期40天，春运首日火车票将于今天（19日）开始发售。 应急管理部18日消息，国家防灾减灾救灾委员会针对安徽、河南、湖南、贵州等四省启动国家低温雨雪冰冻灾害四级应急响应。 18日，内蒙古自治区包头市包钢稀土钢板材厂发生爆炸事故。截至目前，事故已造成2人死亡，78名受伤人员均已送往当地医院接受救治，救援仍在进行 中。 中国证监会18日发布通报，对宁波容百新能源科技股份有限公司重大合同公告涉嫌误导性陈述立案调查。 近日，宁夏一行业协会有89名"副会长"引发质疑。宁夏回族自治区联合调查组18日通报：该 ...

【导读】证监会对容百科技重大合同公告涉嫌误导性陈述立案调查 中国基金报记者 张舟 1月18日， 中国 证监会官网 显示 ，1月14日，宁波容百新能源科技股份有限公司（ 以下 简称容百科技）披露日常经营重大合同的公告， 涉嫌误导性陈述。 中国证监会表示，近日 已对容百科技立案调查。下一步，将在全面调查的基础上依法处理，切实维护市场健康稳定发展。 同日，容百科技发布关于收到中国证监会立案告知书的公告。 公告指出，公司于1月18日收到中国证监会下发的《立案告知书》，因公司重大合同公告涉嫌误导性陈述等，根据《中华人民共和国证券 法》《中华人民共和国行政处罚法》等法律法规，中国证监会决定对公司予以立案。 容百科技表示，目前各项经营活动和业务均正常开展。立案调查期间，公司将积极配合中国证监会的相关工作，并严格按照相关法律法规 和监管要求及时履行信息披露义务。 容百科技"千亿合同"被问询后多次延期回复 此前，容百科技曾因"超级大单"遭交易所闪电问询，公司却多次发布公告延期回复 《关于宁波容百新能源科技股份有限公司与宁德时代签 署日常经营合同事项的问询函》（以下简称 《问询函》）。 1月14日，容百科技发布关于延期回复上交所 ...

Core Viewpoint - Rongbai Technology (688005.SH) has received an inquiry letter from the Shanghai Stock Exchange regarding its operational contract with CATL (300750), leading to a temporary suspension of its stock trading [1] Group 1 - The company received the inquiry letter on January 13, 2026, from the management department of the Shanghai Stock Exchange's Sci-Tech Innovation Board [1] - The company's stock was suspended for one day on January 14, 2026, due to the inquiry [1] - The company is actively organizing its management team and relevant parties to prepare responses to the inquiry letter [1] Group 2 - Due to the need for further clarification on certain matters mentioned in the inquiry letter, the company's stock will continue to be suspended for an additional day on January 15, 2026 [1]

Group 1 - The core view of the report highlights that Zhenstone Co., Ltd. is a leading manufacturer of wind power fiberglass fabrics, with a global market share of 35% and plans to expand its production capacity significantly in response to increasing demand in the clean energy sector [7][8][9] - The company has achieved a production capacity of 540,000 tons for clean energy functional materials by 2024, with a focus on both domestic and European markets [7][8] - Zhenstone's revenue from photovoltaic and new energy vehicle materials has seen substantial growth, with year-on-year increases of 150.65% and 68.64% respectively in the first half of 2025 [9][10] Group 2 - The financial performance of Zhenstone Co., Ltd. has been under pressure due to a downturn in the wind power industry, with a projected revenue CAGR of -8.20% from 2022 to 2024 [19][20] - Despite a decline in sales prices, the company's gross margin has remained stable, benefiting from lower raw material costs and improved operational efficiency [20][24] - Zhenstone's asset-liability ratio is relatively high at around 69.27% in the first half of 2025, primarily due to significant fixed asset investments [24][25] Group 3 - The company plans to use the proceeds from its IPO to fund projects that will enhance its production capabilities, including a new fiberglass product base and a composite materials production base, with a total investment of approximately 39.81 billion yuan [35][36] - The new projects aim to increase wind power fiberglass fabric capacity by 215,000 tons and expand into photovoltaic frame production and new energy vehicle components [35][36] - Zhenstone's strategic focus on diversifying its product offerings and entering new markets is expected to create a second growth curve for the company [8][9]

Summary of the Conference Call for Saiwu Technology Q3 2025 Company Overview - **Company**: Saiwu Technology - **Quarter**: Q3 2025 - **Revenue**: 687 million (up 4.8% year-on-year) [1][2] - **Net Profit**: Loss of 44.89 million [2] Key Points Financial Performance - **Revenue Growth**: Q3 revenue shows a slight increase compared to the previous year, indicating a stabilization after a decline from 2024 [1] - **Net Loss**: The company reported a net loss of 44.89 million, although this represents a 44% improvement year-on-year [2] - **Backplane Business**: The backplane segment has seen a significant decline in demand, contributing to the overall losses [2][3] - **Film Business**: The solar film segment is stabilizing, with a slight recovery in prices, but still operating at a loss [3][5] Business Segments - **Non-Photovoltaic Growth**: The non-photovoltaic segments, particularly new energy vehicle materials, have shown substantial growth, with a 50% increase in revenue year-on-year [3][4] - **New Energy Vehicle Materials**: Revenue from this segment reached approximately 180 million in Q3, making it the second-largest segment after solar film [3][4] - **3C Electronics and Semiconductors**: These segments are also growing rapidly, although they currently do not match the revenue of the new energy vehicle materials [4] Production and Capacity - **Production Capacity**: The company is operating at approximately 70% capacity utilization for solar film production, with expectations for further improvements [15][16] - **Vietnam Facility**: The Vietnam facility is running at full capacity, producing around 15 million square meters of solar film monthly [60] Strategic Adjustments - **Backplane Strategy**: The company plans to retain some production capacity for specialized backplanes while transitioning some equipment to non-photovoltaic products [8][9] - **Cost Reduction Initiatives**: Efforts are underway to reduce costs in the Vietnam facility, particularly concerning logistics and packaging [60] Future Outlook - **Profitability Goals**: The company aims to achieve breakeven by Q4 2025, with hopes of turning profitable in the near future [60] - **Market Trends**: The solar film market is expected to stabilize, but significant recovery in profitability is not anticipated in the short term [66] - **New Product Development**: The company is focusing on expanding its product offerings in new energy materials and enhancing its market presence in the semiconductor sector [54][56] Industry Context - **Market Conditions**: The overall photovoltaic market is experiencing challenges, with a slow recovery in pricing and demand for backplane products [62][63] - **Emerging Technologies**: The company is exploring opportunities in solid-state battery materials and other innovative products, indicating a proactive approach to market changes [71][72] Additional Insights - **R&D Focus**: The company has a dedicated R&D team focusing on new energy materials, 3C electronics, and semiconductor materials, with plans to expand this team [54][56] - **Competitive Landscape**: The company is positioned as a leader in certain segments, particularly in new energy vehicle materials, but faces competition in the semiconductor space [56][58] This summary encapsulates the key points discussed during the conference call, highlighting the financial performance, strategic direction, and market context for Saiwu Technology.