【环球网财经综合报道】进入12月，小金属电解锰市场迎来了一场强劲的涨价风暴。数据显示，电解锰价格已连续13个交易日上涨，累计涨 幅近15%，最新均价攀升至17820元/吨，创下自2022年5月以来的三年多新高。 以磷酸锰铁锂（LMFP）为代表的新型电池技术，因其更高的能量密度和更低的成本，正加速商业化应用，从而对高纯电解锰的需求呈现爆发 式增长。行业巨头纷纷布局：云南裕能二期项目将于2025年底全面投产，届时磷酸锰铁锂年产能将达到16万吨；当升科技攀枝花生产基地一 期4万吨项目已投产，二期预计2025年底建成，合计产能将增至12万吨。 下游需求的火爆也传导至锰酸锂价格。数据显示，12月18日，锰酸锂（高端）最新价格为4.4万元/吨，12月以来累计涨幅达8.64%，年内累计 上涨31.34%，显示出新能源赛道对锰金属的强劲拉动作用。 受此轮涨价潮和产业前景驱动，A股市场锰产业相关概念股受到投资者关注。据数据宝统计，相关公司主要包括：其中红星发展拥有两座锰矿 山，总产能约25万吨/年。湘潭电化的电解二氧化锰总产能12.2万吨，并拥有4万吨锰酸锂产能。中钢天源拥有8.5万吨四氧化三锰产能，是电池 级四氧化三锰的最大 ...

Group 1 - As of November 2025, the total scale of private equity funds in China reached 22.09 trillion yuan, with 19,314 fund managers managing 138,055 funds [1] - The private equity market is experiencing a divergence in strategies as firms prepare for the upcoming year, with some optimistic about a potential valuation recovery in the tech sector [1] - Deloitte forecasts a 94% increase in A-share IPO financing in 2025, with 114 companies expected to go public, raising a total of 1,296 billion yuan [3] Group 2 - Multiple banks have lowered their USD deposit rates following the Federal Reserve's recent rate cuts, with rates for 3-month, 6-month, and 1-year deposits dropping by 0.05 percentage points [2] - Public funds have actively participated in the A-share private placement market this year, with 39 institutions involved in 85 stocks, raising a total of 34.088 billion yuan, a 14.24% increase from the previous year [2] - The price of electrolytic manganese has risen for 13 consecutive days, reaching a new high of 17,820 yuan per ton, with a cumulative increase of nearly 15% in December [5] Group 3 - The Hong Kong Securities and Futures Commission has expressed concerns over the declining quality of IPO applications, highlighting issues such as unclear business model descriptions and exaggerated market positions [3] - The average price of multi-link products in the photovoltaic industry has rebounded, indicating a recovery trend in the sector [4] - The price of white feather broiler chickens has approached its annual high due to reduced supply, with prices reaching 3.65 yuan per pound, indicating potential for further increases [5]

Core Viewpoint - The launch of the Hubei Boyang manganese-based new energy electronic materials project marks a significant step in the full industrial chain layout of manganese by Boshikang High-Tech, injecting new vitality into the high-quality development of the national manganese industry [1][4]. Project Background and Significance - Longyang is one of the eight major manganese ore resource-rich areas in China, with proven manganese ore reserves exceeding 50 million tons. The local government successfully attracted Anhui Boshikang High-Tech New Materials Co., Ltd., the leading company in the national manganese acid lithium market, to jointly invest in the Hubei Boyang manganese-based new energy electronic materials project [4]. Project Investment and Production Capacity - The total planned investment for the project is 5.85 billion yuan, divided into three phases, with an expected annual production capacity of 280,000 tons of manganese-based materials upon full completion. The first phase includes a production line for 30,000 tons of manganese trioxide and a production line for 20,000 tons of manganese-based cathode materials, with an estimated annual output value of 1.5 billion yuan [5]. Technological Innovation and Environmental Considerations - The project has achieved significant breakthroughs in technological innovation and industrial upgrading, utilizing advanced production methods for battery-grade manganese trioxide and lithium manganese oxide. It features full-process digital control and includes an industrial wastewater treatment system that employs patented technologies to ensure compliance with environmental standards, reflecting a commitment to green development [6]. Strategic Partnerships - During the launch ceremony, Hubei Boyang New Materials Co., Ltd. signed strategic cooperation agreements with multiple industry partners, including Xingheng, Zhongxing, and others. This collaboration aims to further integrate industry chain resources, optimize supply chain management, and enhance product competitiveness, supporting the transformation and upgrading of the national manganese industry [8]. Future Development Plans - Boshikang High-Tech plans to leverage the rich manganese resources in Longyang, focusing on technological innovation to promote the widespread application of manganese-based cathode materials in the new energy sector. The company aims to optimize product structure and enhance technical performance, driving the manganese industry towards higher quality and more sustainable development [12].