（文章来源：证券日报） 证券日报网讯 1月13日，恩捷股份在互动平台回答投资者提问时表示，公司认为未来全固态电池可以应 用于深空这些细分市场，公司的固态电池材料是全固态电池核心材料之一，但公司固态电池材料相关业 务尚未形成规模收入，还处于早期阶段。陶瓷涂覆隔膜是液态锂电池的核心材料之一，具有热稳定性 高，机械强度好，安全性提升等优势。 ...

预计归属于母公司所有者扣除非经常性损益后的净利润为-51,400万元到-41,400万元，与上年同期相比扣除非经常性损益后的净利 润亏损将减少2,048.72万元到12,048.72万元，同比减亏幅度为3.83%到22.54%。 回顾2024年同期，公司利润总额为-63,013.77万元，归属于母公司所有者的净利润为-52,770.63万元，归属于母公司所有者的扣除 非经常性损益的净利润为-53,448.72万元，每股收益为-1.05元。 对于2025年业绩变动情况，公司给出了具体说明。业绩出现亏损主要是因为公司原有产品市场需求萎缩，而新产品尚未形成批量 订单，导致产能利用率偏低，单位产品分摊的折旧、人工等固定成本相对较高，闲置产能停工损失直接计入成本，对整体利润形 成较大压力；同时，公司为保持技术领先优势并拓展新市场，持续加大研发投入，研发领域不仅涵盖传统锂离子电池正极材料， 还包括钠离子电池正极材料、固态电池材料等前沿技术领域，使得研发费用同比上升，上述因素综合导致了报告期业绩亏损。而 本年度亏损收窄，则主要得益于公司成本控制措施的有效实施，以及原材料价格上涨带来的减值损失减少。 1月10日，振华新材发布 ...

Core Viewpoint - The company Zhihua New Materials is expected to report a net loss attributable to shareholders of the parent company for the year 2025, with projections ranging from -500 million to -400 million yuan, indicating a reduction in net loss compared to the previous year [1] Group 1: Financial Performance - The anticipated net loss represents a decrease in loss by 27.7063 million to 128 million yuan, reflecting a year-on-year reduction in loss margin of 5.25% to 24.2% [1] - The company's low capacity utilization has led to higher fixed costs per unit, including depreciation and labor, contributing to overall profit pressure [1] Group 2: Market and Product Dynamics - The decline in market demand for existing products and the lack of bulk orders for new products have negatively impacted financial performance [1] - The company is increasing its research and development investments in advanced technology areas, including sodium-ion battery cathode materials and solid-state battery materials, in addition to traditional lithium-ion battery cathode materials [1] - The rise in R&D expenses is a strategic move to maintain technological leadership and expand into new markets [1]

Investment Rating - The report does not explicitly state an investment rating for the company Core Insights - The performance of the company is significantly influenced by the cyclical nature of the industry, similar to 2021 [1] - The recent surge in stock price is attributed to the excitement around "brain-computer interface" technologies and solid-state battery materials, although these have not yet contributed to financial results [30] - The company has shown signs of stabilizing its performance since 2024, primarily due to its investments in copper and cobalt resources in the Democratic Republic of Congo [10][18] Summary by Sections Financial Performance - As of January 5, 2026, the company reported a revenue of 6.001 billion, a year-on-year decline of 1.79%, but a net profit of 415 million, a significant increase of 182.45% [5] - The company's net profit has fluctuated over the years, with a peak of 562 million in 2021, a drop to 86 million in 2022, a loss of 28 million in 2023, and a recovery to 157 million in 2024 [6] - The increase in net profit in 2025 is attributed to the expansion of copper and cobalt resource operations, which have benefited from rising metal prices [10][18] Business Structure and Strategy - The company has diversified its business from ceramics to include carbon materials, lithium battery materials, and strategic resources like copper and cobalt [15] - In 2024, the copper and cobalt segments contributed 31.62% of revenue, with a gross margin of 32.93%, and by the first half of 2025, this contribution increased to 47.44% [15] - The company is focusing on solid-state battery materials, including single-walled carbon nanotubes, which are critical for overcoming challenges in solid-state battery production [19][21] Market Position and Future Outlook - The company is positioned to benefit from the solid-state battery market, with ongoing research and development in key materials [19][26] - The domestic market for single-walled carbon nanotubes is competitive, with the company being one of the leaders alongside Tianai Technology [23] - A recent signal of potential concern is the reduction of shares by the controlling shareholder, which may indicate a strategic shift or market timing [26]

Summary of Tianqi Lithium's Conference Call Company Overview - **Company**: Tianqi Lithium - **Industry**: Lithium production and processing Key Points Production and Capacity - Tianqi Lithium expects Talisman lithium concentrate production to increase in 2026, primarily due to the capacity release of the CGP 3 project, with a projected ramp-up rate of approximately 60% [2][3] - The initial product quality and impurity levels may fluctuate, but products will be blended with others to meet customer specifications [2] - The company plans to secure half of Talisman's total output, with a production budget for Wenfei not exceeding 1.8 million tons in 2026 [2][5] - The Kunana plant is still ramping up and is unlikely to reach full production by the end of 2026 [2][8] Market Dynamics - The company has not discussed adjustments to lithium concentrate pricing mechanisms with joint venture partners like Albemarle, and Albemarle's procurement volume may fall below the upper limit of 950,000 tons [2][5] - Other Australian projects that are currently inactive may consider resuming production if lithium prices stabilize above $1,200 per ton for 3-6 months [6] Supply Chain and Inventory - Domestic factories and the new lithium hydroxide plant in Suzhou are operating smoothly, with tight inventory levels [2][7] - The company anticipates further expansion plans to meet market demand and ensure supply chain stability [7] Environmental and Regulatory Challenges - The Yajiang Cuola project faces strict environmental regulations and local government restrictions, with unclear timelines and budgets for construction [4][10] - The estimated total expenditure for the project is between 2-3 billion RMB [10] Strategic Initiatives - Tianqi Lithium has a long-term contract order ratio of about 70%, with pricing based on ASM prices and adjustments for spot orders according to market conditions [4][17] - The company is actively involved in solid-state battery materials and plans to establish a research and innovation center in Hong Kong [4][24] Financial Outlook - The company has a positive outlook on capital expenditures for 2026, maintaining an open attitude unless faced with significant losses or liquidity issues [20][21] - Tianqi Lithium is focusing on expanding capacity while controlling costs, although it acknowledges limited room for cost reduction [23] Future Prospects - The company is optimistic about the lithium price trend and suggests that investors pay attention to the investment opportunities arising from this market dynamic [25] Legal Matters - Tianqi Lithium is involved in an administrative lawsuit with the Chilean Financial Management Authority regarding SQM's transactions, which could impact future operations [11] Resource Acquisition Strategy - The company remains cautious about new resource acquisitions, evaluating hundreds of projects annually but facing challenges due to high valuations and geopolitical risks [12][14] Production from Other Projects - The Zabuye Salt Lake project, in which Tianqi holds a 20% stake, is producing several thousand tons of lithium carbonate annually, with plans for expansion [15] Conclusion - Tianqi Lithium is positioned to benefit from rising lithium prices and is focused on expanding production capacity while navigating environmental challenges and strategic partnerships [25]

Group 1 - The company is actively advancing the research and development of silicon-carbon anode materials, which are currently in the customer testing phase [2] - After the completion of the acquisition of the equity in Cangzhou Xuyang, the company is considering new targets for future acquisitions [2]

证券日报网讯 1月6日，道氏技术在互动平台回答投资者提问时表示，股价表现受多重因素影响。公司 将根据市场情况持续优化业务布局，脚踏实地把现有的业务做好，控制风险。同时，推进核心项目建 设，实现未来业务的创新引领和可持续发展，构建短、中、长期核心竞争力，保持公司健康、稳定、持 续向好发展，实现公司价值和股东利益最大化。目前，公司正在积极夯实固态电池材料工艺技术，有序 推进各材料板块的研发创新和市场推广工作，与下游客户的合作正在有序推进中。 （编辑 袁冠琳） ...

点击 最 下方 关注《材料汇》 ， 点击"❤"和" "并分享 添加 小编微信 ，寻 志同道合 的你 正文 | 领域 | 重点方向 | 重点关注的新材料 | 重点关注的新技术 | | --- | --- | --- | --- | | 新一代信息技术 先进计算与存储 | | · 二维半导体材料(石壁烯、金屋型碳纳米 | · 异质异构集成技术 | | | | 管、过渡金属二硫族化合物等) | | | | | · 虽子计算材料(超导材料、拓扑量子材料 | · 后摩尔时代芯片工艺 | | | | 、硅自旋量子比特材料等） | | | | | · 新型存储介质(氧化物半导体、纤锌矿铁 · 三维内存工艺(薄膜沉积、刻蚀, | | | | 电材料等) | | 键台等) | | | 册 | · 宽/超宽禁带半导体(氮化家、金刚石 | · F6G光通信器件技术(激光器、调 制器、放大器) | | 通信及网络 | | • 高极化铁电材料、低损耗天线材料、可调 ，芯片出光及全光互连技术 潍坊礼、压由/经则器材料 谐材料、压电/探测器材料 | | | | | · 光通信材料(SOl村底、铜酸锂晶棒, | · 微秒级电光交换技术 | ...

证券日报网讯 12月29日，金禾实业在互动平台回答投资者提问时表示，公司跨界进入固态电池材料领 域并非盲目跨界，而是基于精细化工领域积累的高纯度合成、规模化生产及复杂工艺控制等平台型核心 能力，这与固态电池核心原料所需的高纯度、低成本、规模化供应要求高度契合。 （编辑 王雪儿） ...

金龙羽12月25日晚间公告，为满足在惠州新材料产业园内投资建设的固态电池关键材料量产线项目的建 设资金需求，顺利推进建设工作，公司孙公司金龙羽新能源（惠东）有限公司拟向银行申请项目贷款。 根据银行对建设项目资本金的要求，孙公司拟增加注册资本1亿元人民币，新增注册资本由公司控股子 公司金龙羽新能源（深圳）有限公司以1亿元全额认缴，均计入注册资本。本次增资完成后，孙公司的 注册资本将由2亿元变更为3亿元。 ...