倒计时22天 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 活动主题： 新周期 新技术 新生态 活动时间： 2025年12月18-19日 活动地址： 深圳市维纳斯皇家酒店（深圳国际会展中心京基百纳店）二楼维纳斯厅（深圳市宝安区沙井 镇沙井路118号） 主办单位： 起点锂电、起点固态电池、起点储能、起点研究院SPIR 活动规模： 线下2000+，在线直播观看30000+ 第一批赞助及演讲单位： 海辰储能/融捷能源/瑞浦兰钧/逸飞激光/鹏辉能源/赣锋锂电/多氟多/保力新/ 远东电池/国轩吉美泰/诺达智慧/创明新能源/孚能科技/德赛电池/陀普科技/蓝京新能源/中比新能源/北 测新能源/亿鑫丰/达力智能/金力股份/苏州莫洛奇/鑫晟达/先导智能/恩捷股份/尚太科技/超业精密/科 迈罗/东唐智能/贤辰智享/爱签/中天和/和明机械等 2025 年，无论在应用边界还是技术进展上，大圆柱电池都以"高能量密度、高安全、低成本"的三大核心优势，实现了超预期发展，产业化正 进入关键时期。 可喜的是，在汽车、储能、 eVTOL 、两轮车等多个细分场景，国内一众大圆柱 ...

| 倒计时22天 | | --- | | 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 | | 活动主题： 新周期 新技术 新生态 | | 活动时间： 2025年12月18-19日 | | 活动地址： 深圳市维纳斯皇家酒店（深圳国际会展中心京基百纳店）二楼维纳斯厅（深圳市宝安区沙井 | | 镇沙井路118号） | | 主办单位： 起点锂电、起点固态电池、起点储能、起点研究院SPIR | | 活动规模： 线下2000+，在线直播观看30000+ | | 第一批赞助及演讲单位： 海辰储能/融捷能源/瑞浦兰钧/逸飞激光/鹏辉能源/赣锋锂电/多氟多/保力新/ | | 远东电池/国轩吉美泰/诺达智慧/创明新能源/孚能科技/德赛电池/陀普科技/蓝京新能源/中比新能源/北 | | 测新能源/亿鑫丰/达力智能/金力股份/苏州莫洛奇/鑫晟达/先导智能/恩捷股份/尚太科技/超业精密/科 | | 迈罗/东唐智能/贤辰智享/爱签/中天和/和明机械等 | 华友钴业一纸公告，以10年长单，打破三元材料被磷酸铁锂挤压的阴影，大圆柱电池或正为三元材料带来新 ...

格隆汇11月25日｜长江证券研报指出，亿纬锂能2025Q3实现归母净利润12.11亿元，同比增长15.13%， 环比增长140.16%；拆分来看，公司前三季度动力电池出货34.59GWh，同比增长66.98%；储能电池出 货48.41GWh，同比增长35.51%，整体出货高于行业增速，市场份额有所提升。公司对后续经营趋势展 望积极，储能方面，2025Q4有望看到价格调整落地带来盈利能力提升，后续储能大电芯基地爬坡趋稳 后也有望贡献盈利；海外方面，马来西亚基地储能年底逐步爬坡，有望形成溢价贡献超额盈利；大圆柱 电池国内产能将以配套海外客户为主。总体上看，亿纬锂能将持续受益于结构改善和电池供给趋紧，结 构方面主要看大圆柱海外客户和马来西亚储能基地的放量，盈利端基于2026年锂电行业需求高增、供给 平稳释放，存在紧缺和价格抬升的可能性。预计公司2025、2026年归母净利润45、80亿元，对应2026年 PE 为18X，继续推荐。 ...

Investment Rating - The investment rating for the company is "Buy" and is maintained [6]. Core Insights - The company reported a revenue of 16.832 billion yuan for Q3 2025, representing a year-on-year increase of 35.85% and a quarter-on-quarter increase of 9.49%. The net profit attributable to shareholders was 1.211 billion yuan, up 15.13% year-on-year and up 140.16% quarter-on-quarter. However, the non-recurring net profit was 780 million yuan, down 22.04% year-on-year but up 130.04% quarter-on-quarter [2][4]. Financial Performance - In the first three quarters, the company shipped 34.59 GWh of power batteries, a year-on-year increase of 66.98%, and 48.41 GWh of energy storage batteries, a year-on-year increase of 35.51%. Overall shipments exceeded industry growth rates, leading to an increase in market share [11]. - The gross profit margin and net profit margin for Q3 2025 were 13.66% and 7.33%, respectively. Excluding stock incentive expenses and specific bad debt provisions, the operating profitability is expected to remain stable [11]. - The company’s operating cash flow was a net inflow of 2.531 billion yuan, with capital expenditures amounting to 3.032 billion yuan [11]. Future Outlook - The company has a positive outlook for future operations, particularly in energy storage, where price adjustments in Q4 2025 are expected to enhance profitability. The Malaysian energy storage base is anticipated to contribute excess profits as it ramps up production [11]. - The company is expected to benefit from structural improvements and tightening battery supply, with a projected net profit of 4.5 billion yuan for 2025 and 8 billion yuan for 2026, corresponding to a PE ratio of 18X for 2026 [11].

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 时间： 2025年12月18-19日 地点：深圳 活动背景及意义 一 电池方面： 1）2025年初，宝马宣布大圆柱电池2026年即将装车，引发行业加速布局46系大圆柱电池热潮；2）2025年3月，工信部发布《电动 汽车用动力蓄电池安全要求》（GB38031—2025）（新国标），引发行业对动力电池性能广发讨论；3）多家企业2025年全极耳圆柱电池已开始 量产，全极耳的高倍率、长寿命优势未来有望广泛应用在新能源汽车、电动工具、电动两轮车、智能家居等领域；4）固态电池其高安全性、高能 量密度优势，被誉为下一代新型电池，2025年热度持续维持在高位； 储能方面： 1）2025国家取消强制配储政策，引发业内对储能电池未来需求的担忧；2）314Ah逐步替代280Ah成为主流电芯，同时宁德时代、 亿纬锂能、海辰储能等企业发布500Ah以上容量电芯，储能电芯逐步往大容量趋势发展；3）2025年美国加征关税政策，对全球储能行业造成一 定冲击； 低空经济、人形机器人等新兴应用场景： 2025年年初宇树机器人在春晚的 ...

Core Viewpoint - The solid-state battery industry is poised for significant growth, with a projected capacity of 600 GWh by 2035, but faces challenges in cost reduction and market acceptance [3][4][7]. Group 1: Market Potential and Challenges - The solid-state battery market is expected to reach a capacity of 600 GWh by 2035, with a penetration rate of 5%-10% [7]. - The transition from semi-solid to all-solid batteries is seen as a pragmatic approach to address economic viability [6][7]. - The cost of sulfide electrolytes must decrease for solid-state batteries to compete effectively in the market [5][6]. Group 2: Technological Developments - Key technological advancements include the revival of soft-pack structures, dry electrode technology, and isostatic pressing upgrades, which are now essential for production lines [6][19]. - The solid-state battery production process is undergoing a complete overhaul, with new equipment accounting for 20% of the investment and upgrades to existing lines making up 30% [19][24]. - The industry is moving towards a more collaborative approach, with increased communication among various stakeholders to tackle engineering challenges [9][25]. Group 3: Material Innovations - Three critical material directions for solid-state batteries are identified: lithium-rich manganese-based, high-nickel ternary, and high-performance carbon nanotube conductive agents [8]. - The use of lithium metal as an anode is considered a key to achieving energy densities above 500 Wh/kg [33][35]. - The development of MOF materials is gaining traction, with potential applications in enhancing battery performance [37][38]. Group 4: Industry Trends and Future Outlook - The solid-state battery industry is expected to see significant policy support and investment, with a focus on safety and energy density [42][44]. - Companies are adopting a phased approach to market entry, starting with non-automotive applications before moving to automotive sectors [27][42]. - The solid-state battery's high safety and energy density make it suitable for various applications, including eVTOL and commercial vehicles [41][43].

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 时间： 2025年12月18-19日 地点：深圳 活动背景及意义 一 电池方面： 1）2025年初，宝马宣布大圆柱电池2026年即将装车，引发行业加速布局46系大圆柱电池热潮；2）2025年3月，工信部发布《电动 汽车用动力蓄电池安全要求》（GB38031—2025）（新国标），引发行业对动力电池性能广发讨论；3）多家企业2025年全极耳圆柱电池已开始 量产，全极耳的高倍率、长寿命优势未来有望广泛应用在新能源汽车、电动工具、电动两轮车、智能家居等领域；4）固态电池其高安全性、高能 量密度优势，被誉为下一代新型电池，2025年热度持续维持在高位； 储能方面： 1）2025国家取消强制配储政策，引发业内对储能电池未来需求的担忧；2）314Ah逐步替代280Ah成为主流电芯，同时宁德时代、 亿纬锂能、海辰储能等企业发布500Ah以上容量电芯，储能电芯逐步往大容量趋势发展；3）2025年美国加征关税政策，对全球储能行业造成一 定冲击； 低空经济、人形机器人等新兴应用场景： 2025年年初宇树机器人在春晚的 ...

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 时间： 2025年12月18-19日 地点：深圳 活动背景及意义 一 电池方面： 1）2025年初，宝马宣布大圆柱电池2026年即将装车，引发行业加速布局46系大圆柱电池热潮；2）2025年3月，工信部发布《电动 汽车用动力蓄电池安全要求》（GB38031—2025）（新国标），引发行业对动力电池性能广发讨论；3）多家企业2025年全极耳圆柱电池已开始 量产，全极耳的高倍率、长寿命优势未来有望广泛应用在新能源汽车、电动工具、电动两轮车、智能家居等领域；4）固态电池其高安全性、高能 量密度优势，被誉为下一代新型电池，2025年热度持续维持在高位； 储能方面： 1）2025国家取消强制配储政策，引发业内对储能电池未来需求的担忧；2）314Ah逐步替代280Ah成为主流电芯，同时宁德时代、 亿纬锂能、海辰储能等企业发布500Ah以上容量电芯，储能电芯逐步往大容量趋势发展；3）2025年美国加征关税政策，对全球储能行业造成一 定冲击； 低空经济、人形机器人等新兴应用场景： 2025年年初宇树机器人在春晚的 ...

Core Insights - The article discusses the upcoming 2025 (10th) Lithium Battery Industry Annual Conference and the Lithium Battery Golden Tripod Award Ceremony, highlighting the significance of advancements in battery technology and the industry's future direction [1][2]. Event Background and Significance - In early 2025, BMW announced the upcoming installation of large cylindrical batteries in 2026, prompting a surge in the industry towards 46 series large cylindrical batteries [1]. - The Ministry of Industry and Information Technology released new safety standards for electric vehicle batteries, sparking widespread discussions on battery performance [1]. - Several companies have begun mass production of full-tab cylindrical batteries, which are expected to find applications in various sectors including electric vehicles and smart homes [1]. - Solid-state batteries are gaining attention for their high safety and energy density, maintaining high interest levels in 2025 [1]. - The cancellation of mandatory storage policies by the government has raised concerns about future demand for storage batteries [1]. - The trend towards larger capacity storage cells is evident, with companies like CATL and EVE Energy releasing cells over 500Ah [1]. - The introduction of humanoid robots and low-altitude economy policies is driving new applications for battery technology [1]. Event Theme and Structure - The event is themed "New Cycle, New Technology, New Ecology" and will take place from December 17-19, 2025, in Shenzhen [2]. - The conference will feature over 2000 attendees and 30000 online viewers, with multiple forums and discussions on key industry topics [3]. Highlights of the Event - The conference will gather industry leaders and emerging companies, featuring nine specialized forums and over 60 prominent speakers [3]. - The 10th Lithium Battery Golden Tripod Award will be presented, recognizing outstanding contributions to the industry [3]. - The event will also include the 2025 China New Energy Entrepreneurs Club Council meeting, facilitating direct interactions among corporate leaders [3]. Specialized Sessions and Topics - The agenda includes specialized sessions on cylindrical battery technology, soft-pack batteries, and new materials and processes [5][6]. - Key topics will cover advancements in fast-charging technology, high energy density solutions, and innovations in battery safety and manufacturing processes [5][6]. Golden Tripod Award Overview - The Golden Tripod Award aims to encourage innovation in the lithium battery industry and recognize companies that have made significant contributions [7]. - The award selection process includes initial assessments and final evaluations leading up to the award ceremony on December 19, 2025 [8]. Registration and Participation - Registration for the event is priced at 2888 yuan per person, which includes access to all sessions, meals, and industry white papers [9].

当前，锂电行业正迈向新周期，设备环节明显回暖受益。国内市场扩产潮重启、海外市场放量以及固态电池产业化加速等带动国内锂电设备订 单爆发，资本市场预期抬高。在此背景下，不少企业开启新一轮上市融资热潮。 2025 年 11 月，两家细分领域企业相继启动 IPO 进程。 11 月 10 日，中鼎智能（无锡）科技股份有限公司再度向港交所主板递表； 11 月 7 日，深圳市中基自动化股份有限公司完成北交所 IPO 辅导备案。 上述两家企业分别聚焦智能物流解决方案与锂电自动化生产设备，其上市动作既反映了企业扩张诉求，也印证了锂电设备行业在政策扶持与市 场需求下的发展活力。 此次是中鼎智能二次递表。这家成立于 2009 年的企业，前身为无锡中鼎物流设备有限公司， 2016 年被 A 股上市公司诺力股份收购 90% 股权后，业务拓展至智能物流系统领域，并于 2019 年成为诺力股份全资子公司。 2025 年 3 月更名后，中鼎智能首次于 5 月 9 日递交港交所上市申请，因招股书满 6 个月失效， 11 月 10 日再度递表，国泰君安国际担 任独家保荐人。 根据规划，分拆后诺力股份将维持对中鼎智能 99.6% 的控股地位，双方 ...