格隆汇12月19日丨鹏辉能源(300438.SZ)在投资者关系中表示，有被问到:公司小储产品客户主要有哪 些？ 答:行业主流的家储厂商基本都是我们客户，其中有固德威、德业、阳光、艾罗、麦田、三晶、古瑞瓦 特等。 ...

格隆汇12月19日丨鹏辉能源(300438.SZ)在投资者关系中表示，有被问到:公司小储产品客户主要有哪 些？ 答:行业主流的家储厂商基本都是我们客户，其中有固德威、德业、阳光、艾罗、麦田、三晶、古瑞瓦 特等。 ...

| 答：今年下半年以来小储基本处于满产状态。 | | --- | | 6、公司小储产品客户主要有哪些？ | | 答：行业主流的家储厂商基本都是我们客户，其中有固德威、 | | 德业、阳光、艾罗、麦田、三晶、古瑞瓦特等。 | | 7、为什么小储的供需比大储更好？ | | 答：小储特点是相同场景下，多个区域需求接替增长，厂商 | | 在产能扩张的时候是谨慎的。 | | 8、公司直接销往海外的大储订单和展望？ | | 答：目前公司海外大储订单出于起量的过程中，较往年有较 | | 大增量变化。 | | 9、公司目前海外大储客户主要分布在哪些国家或地区？占 | | 比分别是多少？ | | 答：公司目前海外大储客户主要是分布在北美、印度、欧洲。 | | 出口的主要是直流侧产品，三个地区大体上占比 1:1:1。 | | 10、明年大储公司系统和电芯出货的占比？ | | 答：国内大部分是电芯产品，海外基本是系统。 | | 11、明年公司 587Ah 的需求情况如何？ | | 答：公司明年 587Ah 产品主要是供国内，海外会慢一些，预 | | 计 2027 年海外会有。 | | 12、587Ah 电芯产品制造成本能否降低？良 ...

骆驼股份（601311.SH）12月12日在投资者互动平台表示，针对储能业务，公司基于内外部环境，稳健 经营；在此基础上，开展了电芯、BMS/EMS开发、系统集成及国内外渠道布局等相关工作。大储产品 主要面向电力企业等客户，小储产品主要销往海外。前三季度，公司聚焦汽车低压电源主业，实现净利 润约6.22亿元，同比增长约22.7%。 每经AI快讯，有投资者在投资者互动平台提问：公司近四年的年报中一直有重点宣传公司储能业务板 块的布局，今年全球市场储能大爆发，怎么不见公司储能业绩有一丝丝起色，请问号称投资几十亿元的 储能板块布局是不是已经失败了？请积极回应股民提问！ （记者 王晓波） ...

Summary of Penghui Energy Conference Call Company Overview - **Company**: Penghui Energy - **Industry**: Energy Storage Key Points 2025 Annual Goals - The target for 2025 is set at 16 GWh, with 10 GWh for large storage and 6 GWh for small storage [2][7] - As of the first half of 2025, small storage shipments reached approximately 7 GWh, exceeding expectations, while large storage shipments were 1.14 GWh [2][7] Market Performance - Small storage shipments doubled year-on-year to 6.75 GWh in the first half of 2025, driven by demand from Europe, Australia, and Belt and Road countries [3] - Large storage orders are expected to increase significantly in the second half of 2025, with a forecast of 9 GWh [5][7] Pricing and Profitability - Prices for both large and small storage products have increased due to tight capacity, with large storage prices rising by approximately 2 cents and small storage prices increasing by over 10% [2][8] - Gross margin for small storage is expected to rise to over 20% in the second half of 2025 due to price increases [20] Overseas Market Orders - Overseas market orders are projected to reach 1.5 GW in 2025, surpassing the initial target of 1 GW [2][8] - The Indian market is particularly strong, with a significant order of 700 MW and potential for additional orders [8][21] - Gross margins for overseas large storage products are about 10% higher than domestic margins [9] Capacity and Production - Current theoretical capacity is 24 GWh for large storage and 16 GWh for small storage, with actual production expected to be around 80% of theoretical capacity [4][12] - Expansion plans include adding one production line for both large and small storage, each increasing capacity by approximately 4 GWh [4][12] Future Outlook - The demand surge in Q3 2025 is attributed to various factors, including stable European markets and ongoing subsidies in Australia [10] - The company is optimistic about future demand in both domestic and international markets, particularly in countries with electricity shortages [10] Solid-State Battery Development - A pilot line for solid-state batteries is expected to be completed by the end of September 2025, with mass production anticipated in 2026 if validation is successful [4][29] - Solid-state batteries will have an energy density of over 300 Wh/kg and a cycle life of approximately 2000 cycles, targeting the automotive market [31] Challenges and Considerations - Future order pricing is contingent on lithium carbonate price fluctuations, with caution advised for long-term contracts [11] - The company is currently experiencing full production capacity across all lines, with some orders extending into 2026 [6][17] Conclusion - Penghui Energy is on track to meet its ambitious 2025 targets, driven by strong demand in both domestic and international markets, alongside strategic pricing and capacity expansion initiatives [2][7][10]