Core Insights - The report highlights the strong performance of the Chinese stock market, with expectations of a 15% to 20% annual increase in 2026 and 2027, as suggested by Goldman Sachs [6] - The report emphasizes the emergence of innovative applications in the technology sector, particularly with the launch of AI initiatives by major companies [8] Domestic Financial Market - The Shanghai Composite Index closed at 4083.67, up by 1.5%, while the Shenzhen Component Index rose by 1.4% to 14022.55 [4] - The trading volume on January 6 reached 280.65 billion yuan, with 3843 stocks rising and 1201 falling, indicating a bullish market sentiment [11] Industry Developments - The world's first mass-producible all-solid-state battery has been developed, indicating a strong potential for commercial applications, with related stocks including Xianlead Intelligent (300450) and Naconor (920522) [8] - WeChat has launched an AI mini-program growth plan, fostering innovation in the tech sector, with related stocks such as Zhiyuan Interconnect (688369) and Tuolisi (300229) [8] Company Focus - Sentai Co., Ltd. (301429) plans to invest up to 140 million yuan in a new production base for high-performance wood-plastic composite materials in Vietnam [10] - Hanshuo Technology (301275) has signed an agreement with Australia's Woolworths to deliver 10,800 smart shopping cart systems to approximately 300 stores [10] - Lingyi Technology (002600) is collaborating with Beijing E-Town to establish a super factory with an annual production capacity of 500,000 humanoid robots [10] Market Review and Outlook - The report notes a strong upward trend in the market, with significant inflows into sectors such as securities and autonomous driving, while some sectors like data centers and chips experienced outflows [11] - The report suggests that the commercial aerospace sector remains a key focus, with high tolerance for mid-to-high priced stocks, while caution is advised regarding potential market corrections [13]

格隆汇12月30日丨华自科技(300490.SZ)在投资者互动平台表示，公司固态电池高压夹具样机目前在厂 内带电测试，后续将根据客户验证进度推进商业化落地。 ...

全球市场波动：金融脆弱、交易因素与AI 资本开支担忧本周全球股市集体回撤，原因主要有以下三点。第一，海外流动性因素加剧了金融脆弱性，美国隔 夜抵押利率与联邦市场基金利率仍然倒挂,对于降息预期的变动本身就会导致市场的波动；第二，保护性期权集中平仓带来波动率的移动，衍生品交易放大 了市场的波动。第三，市场对美国大型科技企业资本开支难以持续的担忧发酵：截至25Q3 美国科技巨头资本开支占经营性现金流的比重提升明显，资金压 力愈发明显，9 月发债180 亿美元的甲骨文公司滚动12 个月的资本开支甚至已超过其经营现金流入。 凭借着固态电解质完全替代电解液，全固态电池在安全与能量密度上具备颠覆性优势。当前产业化重心已从"材料科学"转向"生产工程"，设备成为其优势能 否兑现的关键。与材料相比，设备可兼容不同技术路线，能见度更高。随着国内外产业化目标逐渐聚焦，半固态电池设备有望在2026年实现放量，而全固态 电池设备有望在2027—2030年实现放量。 全固态电池工艺涉及新增环节（等静压、胶框印刷、界面复合）以及原有环节性能/用量大幅提升（干法电极、叠片、高压化成分容）。随着2027—2030年 成为产业化关键窗口期，相关设 ...

华自科技12月24日在互动平台表示，公司固态电池高压夹具样机目前在厂内带电测试，后续将根据客户 验证进度推进商业化落地。 ...

智通财经APP获悉，信达证券发布研报称，聚焦政策抬升天花板与设备端"先行兑现"的投资机会。2026 年中小盘的机会可沿两条主线系统化挖掘：一是政策抬升行业天花板与交易结构优化带来的估值与基本 面双重重估；二是先进智造/新兴产业的设备端在技术节点前后"订单—交付—现金流"加速兑现的先行 收益。筛选维度上，优先锁定政策有明确信号、并购落地路径清晰、打新收益改善的交易结构，以及在 固态电池、半导体设备、人形机器人/具身智能、AIDC配套等方向具备订单与量产验证的设备龙头与平 台化公司。 风险因素：宏观经济增速不及预期风险、行业竞争加剧风险、终端需求疲软风险、原材料价格上涨风 险、流动性与市场交易风险。 具身智能硬件：潜在技术突破有望抬升硬件需求强度 具身智能硬件是"智能体落地"的确定性主线，政策自上而下明确其为未来产业，产业链呈"上游基础支 撑—中游本体集成—下游场景服务"全栈协同，硬件环节与软件基础设施深度耦合，构成投资框架的底 盘。其中，端侧"双层控制器（AI决策SoC+实时运动控制）+场景化数据闭环"是工程化落地的标准路 径，该行认为2026年有望成为AI+机器人规模落地元年，硬件价值量与国产替代进程同步释放 ...

中信建投：建议重视保险板块业绩增长与估值修复的戴维斯双击投资机会 市场昨日震荡调整，沪深两市成交额1.77万亿，较上一个交易日缩量3188亿。板块方面，乳业、保险、 零售、贵金属等板块涨幅居前，CPO、影视院线、半导体等板块跌幅居前。截至昨日收盘，沪指跌 0.55%，深成指跌1.1%，创业板指跌1.77%。 在今天的券商晨会上，华泰证券认为，全固态电池设备有望在2027-2030年实现放量;中信建投提出，建 议重视保险板块业绩增长与估值修复的戴维斯双击投资机会;中金公司表示，关注电网和工控行业结构 性机遇。 华泰证券：全固态电池设备有望在2027-2030年实现放量 华泰证券指出，凭借着固态电解质完全替代电解液，全固态电池在安全与能量密度上具备颠覆性优势。 当前产业化重心已从"材料科学"转向"生产工程"，设备成为其优势能否兑现的关键。与材料相比，设备 可兼容不同技术路线，能见度更高。随着国内外产业化目标逐渐聚焦，半固态电池设备有望在2026年实 现放量，而全固态电池设备有望在2027-2030年实现放量。全固态电池工艺涉及新增环节(等静压、胶框 印刷、界面复合)以及原有环节性能/用量大幅提升(干法电极、叠片、 ...

Core Viewpoint - The report from Huatai Securities highlights the disruptive advantages of all-solid-state batteries over traditional liquid electrolyte batteries, particularly in safety and energy density [1] Industry Focus - The focus of industrialization has shifted from "material science" to "production engineering," with equipment becoming crucial for realizing competitive advantages [1] - Compared to materials, equipment can accommodate different technological routes and offers higher visibility [1] Market Outlook - Domestic and international industrialization goals are converging, with semi-solid-state battery equipment expected to see significant production volume by 2026, while all-solid-state battery equipment is projected to ramp up between 2027 and 2030 [1] - The all-solid-state battery process involves new steps (isostatic pressing, glue frame printing, interface compounding) and significant enhancements in existing steps (dry electrode, stacking, high-pressure formation) [1] Investment Opportunities - The period from 2027 to 2030 is identified as a critical window for industrialization, where related equipment manufacturers are expected to benefit first, leading the industry into a high-growth phase [1]

Core Viewpoint - The transition from liquid electrolytes to solid electrolytes in all-solid-state batteries presents disruptive advantages in safety and energy density, with a shift in industrial focus from "materials science" to "production engineering" [1] Industry Summary - The key to realizing the advantages of all-solid-state batteries lies in equipment compatibility with various technological routes, which offers higher visibility compared to materials [1] - The domestic and international industrialization goals are increasingly focused, with semi-solid-state battery equipment expected to see significant production volume by 2026, while all-solid-state battery equipment is projected to achieve this between 2027 and 2030 [1] - The all-solid-state battery process involves new steps (isostatic pressing, glue frame printing, interface compounding) and significant enhancements in existing steps (dry electrode, stacking, high-pressure formation) [1] - The period from 2027 to 2030 is identified as a critical window for industrialization, where related equipment manufacturers are expected to benefit first, leading the industry into a phase of high growth [1]

人民财讯12月12日电，恩捷股份（002812）12月12日公告，公司拟通过发行股份的方式向郅立鹏、青岛 众智达、陈继朝、杨波、袁军等共63名交易对方购买其合计持有的青岛中科华联新材料股份有限公司 (简称"中科华联")100%的股份，并募集配套资金。截至目前，标的公司的审计和评估工作尚未完成，本 次交易的具体交易价格尚未确定。标的公司是专业研发、生产和销售湿法锂离子电池隔膜整套生产装 备、其他薄膜等高分子材料生产设备及隔膜制品的高新技术企业，主要客户为锂电池和锂电池隔膜厂 商。公司股票将于12月15日(星期一)开市起复牌。 ...

进一步统计，近3个月内该股累计发生2笔大宗交易，合计成交金额为731.36万元。该股近5个交易日累 计上涨3.18%，主力资金合计净流出4574.89万元。 责任编辑：小浪快报 第1笔成交价格为44.70元，成交8.90万股，成交金额397.83万元，溢价率为-10.01%，买方营业部为机构 专用，卖方营业部为国金证券股份有限公司上海浦东新区云鹃北路证券营业部。 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 11月26日，星云股份收涨7.14%，收盘价为49.67元，发生1笔大宗交易，合计成交量8.9万股，成交金额 397.83万元。 ...