Group 1 - The CINE2025 Solid-State Battery Exhibition and Industry Annual Conference will be held from November 6-8, 2025, at the Guangzhou Nansha International Convention Center, featuring over 200 exhibitors and 20,000 professional attendees [2][9] - The event will include the 2025 Qidian Solid-State Battery Golden Ding Award Ceremony and the SSBA Solid-State Battery Industry Alliance Council [2] - The first batch of exhibitors and sponsors includes companies such as Jin Na Technology, Ru Tian Technology, and Rongjie Energy, among others [2] Group 2 - A research team from Tsinghua University has developed a new fluorinated polyether electrolyte that achieves an energy density of 604 Wh kg-1 for high-safety polymer batteries, addressing the challenge of balancing battery range and safety [3][4] - Solid-state batteries are seen as a significant development direction for lithium batteries, particularly those using lithium-rich manganese-based layered oxides, which show potential for energy density breakthroughs [3][4] - The research team proposed a new design strategy called "rich anion solvation structure," which enhances the physical contact and ionic conductivity at the solid-solid interface, significantly improving interface stability [4] Group 3 - The polymer battery constructed with the new electrolyte demonstrated excellent electrochemical performance, achieving an energy density of 604 Wh kg-1 under 1 MPa external pressure, surpassing current commercial lithium iron phosphate and nickel-cobalt-manganese batteries [4] - The battery passed safety tests, including puncture and thermal stability tests at 120°C, without any combustion or explosion, showcasing its superior safety performance [5]

格隆汇9月30日丨长华化学(301518.SZ)在互动平台表示，公司持续围绕市场及客户需求，在分子结构设 计及材料合成方面创新创造。关于新型含氟聚醚电解质方面的技术合作，公司尚无规划。 ...

Group 1 - The three major indices collectively rose, indicating a positive outlook for the market after the holiday, creating a favorable environment for holding stocks during the break [1] - The new energy sector remained active, with solid-state batteries experiencing a significant surge due to technological breakthroughs and rising prices, leading to strong performances from stocks like Tianji Co., Tianqi Materials, and others [1] - The financial sector showed notable movements, with major brokerage stocks receiving substantial capital inflows, suggesting a likely upward trend in the future [2] Group 2 - The DeepSeek model update significantly reduced input costs by 50% and output costs by 75%, which is expected to benefit downstream application industries [2] - The new architecture established by DeepSeek has led to key breakthroughs in the technology ecosystem, with major companies like Cambricon and Huawei announcing compatibility with the updated model, indicating potential structural opportunities in domestic computing power and downstream applications [2]

Group 1 - Institutional trading saw 29 stocks listed, with 12 net purchases and 17 net sales on the day [1] - The top three stocks with the highest institutional purchases were Tianqi Materials (180 million), Chuling Information (102 million), and GF Securities (98.77 million) [1] - Chuling Information had a net purchase of 102 million from four institutions [2] Group 2 - Moer Thread's IPO application was successfully approved by the Shanghai Stock Exchange [2] - China Mobile Fund focuses on the digital economy and modern mobile information industry chain, holding approximately 1.08% of the fund and 2.12% of Moer Thread, resulting in an indirect holding of 0.0229% [2] Group 3 - A new type of fluorinated polyether electrolyte was developed by a team led by Professor Zhang Qiang from Tsinghua University, providing new ideas and technical support for high-safety, high-energy-density solid-state lithium batteries [3] - Fengshan Group signed a technical development contract with Tsinghua University to collaborate on the development of sodium-ion battery electrolytes and solid-state lithium-ion battery electrolytes, enhancing the company's core competitiveness [4] Group 4 - Changhua Chemical's 80,000 tons/year carbon dioxide polyether project is expected to begin trial production in the fourth quarter of 2025 [5]

Market Overview - A-shares experienced a significant rise, with the ChiNext Index increasing by 2.75% and the Shanghai Composite Index closing at 3862.53 points, up 0.90% [1][2] - The total trading volume in the Shanghai and Shenzhen markets reached 2.16 trillion yuan, an increase of 146 billion yuan compared to the previous trading day [2] Sector Performance - The brokerage sector, often seen as a "bull market flag bearer," surged by 4.89%, with notable individual stocks like Huatai Securities and GF Securities hitting the daily limit [3][4] - The precious metals sector rose by 4.3%, with spot gold breaking through the $3810 mark, setting a new historical high [7][9] - The solid-state battery index saw a strong increase, with related stocks like EVE Energy rising by 8.3% [10][11] Individual Stock Highlights - Key brokerage stocks such as GF Securities and Huatai Securities saw gains of over 10% [4] - In the precious metals sector, Shengda Resources hit the daily limit, while other stocks like Zhaojin Mining and Xiaocheng Technology rose over 6% [8] - In the solid-state battery sector, Tian Nai Technology surged by 14.36%, and several other stocks achieved significant gains [12] Economic Indicators - The People's Bank of China emphasized the importance of maintaining capital market stability during its recent monetary policy meeting [5] - The fiscal revenue from securities transaction stamp duty reached 118.7 billion yuan, a year-on-year increase of 81.7% [5]

Market Overview - The market experienced a strong upward trend on September 29, with all three major indices rising. The Shanghai Composite Index increased by 0.90%, the Shenzhen Component Index rose by 2.05%, and the ChiNext Index gained 2.74% [2] - Over 3,500 stocks in the market saw gains, with a total trading volume of 2.16 trillion yuan, an increase of 14.6 billion yuan compared to the previous trading day [2] Sector Performance - The securities, non-ferrous metals, and solid-state battery sectors led the gains, while the education, pork, and coal sectors faced declines [2] - The securities sector saw a significant increase of 4.40%, marking its second major rise this month, although it remains down 2.67% for the month overall [7][9] Market Sentiment and Expectations - The market is expected to experience a "red envelope" rally as the trading burden lightens after the end of September and the upcoming holiday [4][13] - Analysts suggest that the recent performance of the securities sector, which has acted as a market "rhythm regulator," may signal a shift in market sentiment [10][13] Economic and Policy Context - A meeting of the Central Political Bureau on September 29 focused on the 15th Five-Year Plan for national economic and social development, with a key meeting scheduled for October 20-23 [12] - There are indications of a phase of improvement in China-U.S. relations since September, which may gradually be priced into the market in the fourth quarter [13] Investment Opportunities - Analysts recommend focusing on sectors with concentrated catalytic events, including semiconductors, new energy, humanoid robots, innovative pharmaceuticals, and non-ferrous metals [14] - The new energy sector, particularly in storage and photovoltaic directions, continues to show strong performance, with significant gains reported [15] Solid-State Battery and Energy Storage Market - The solid-state battery and energy metal sectors have shown strong performance, with solid-state batteries gaining traction due to technological advancements and market demand [17] - The energy storage market is experiencing robust demand, with leading battery companies operating at full capacity and orders extending into early next year. By 2027, China's new energy storage capacity is expected to reach over 180 million kilowatts, driving an estimated investment of 250 billion yuan [17]

格隆汇9月29日｜据21财经，日前，清华大学化工系教授张强领衔的团队在锂电池聚合物电解质研究领 域取得重要进展，该团队成功开发出一种新型含氟聚醚电解质，该电解质通过热引发原位聚合技术，有 效增强了固态界面的物理接触与离子传导能力，有望为成熟的固态电池产品研发提供重要技术参考。相 关成果已于9月24日在线发表于《自然》（Nature）。 目前，固态电池产业化已进入"冲刺阶段"。工信部等八部门联合印发的《新型储能制造业高质量发展行 动方案》也明确将固态电池列为重点攻关方向，支持锂电池、钠电池向固态化发展，并计划在2027年前 打造3至5家全球龙头企业。在固态电池产业链布局上，先导智能、天赐材料等多家上市公司已提前落 子，涉及设备与材料、正负极、电解质等多个环节。此外欣旺达、璞泰来、赢合科技（维权）、德龙激 光等部分上市企业也在积极披露固态电池研发与商业化最新进展。东吴证券预计，固态电池行业25H2- 26H1将进入中试线落地关键期，2026年中试线优化+样车路试，2027年开启小规模量产装车，行业出货 有望突破1GWh，2030年大规模量产，规模有望突破100GWh。 ...

Core Viewpoint - The stock market showed positive momentum with significant gains in various sectors, particularly in new energy and materials, driven by favorable policies and strong demand in the industry [1][2][5][9]. Group 1: Market Performance - The Shanghai Composite Index strengthened during the trading session on September 29 [1]. - The ChiNext Index rose over 2%, with notable gains in the new energy sector, including Hunan YN Energy up over 13% and EVE Energy up over 7% [2]. - The Hong Kong market also saw gains, with the Hang Seng Index and Hang Seng Tech Index both rising over 1% [3]. Group 2: Sector Highlights - The non-ferrous metals sector performed well, particularly nickel, with stocks like Boqian New Materials hitting the daily limit [4]. - The battery supply chain index, led by companies like CATL and Tianqi Lithium, showed strong performance following the release of a new growth plan for the non-ferrous metals industry [5]. - Solid-state battery concepts gained traction, with companies like Tianji Co. and Xiangtan Electrochemical seeing significant stock increases [6]. Group 3: Robotics and Storage - Robotics stocks were active, with Daying Electronics achieving multiple trading limits, supported by a significant procurement contract for humanoid robots [7]. - The energy storage sector remained vibrant, with companies like Wanrun New Energy and Kelu Electronics hitting trading limits, driven by strong demand for storage cells [8][9]. Group 4: Emerging Concepts - The green methanol sector showed active performance, with stocks like Jiazhe New Energy achieving multiple trading limits [10].

Core Viewpoint - The solid-state battery concept is gaining traction, with significant stock price increases for companies like Wanrun New Energy, Tianji Co., Duofuduo, and Fengshan Group following recent advancements in lithium battery polymer electrolyte research led by Tsinghua University professor Zhang Qiang [1] Group 1: Industry Developments - Tsinghua University's research team has made important progress in the field of lithium battery polymer electrolytes, providing new ideas and technical support for the development of practical, high-safety, high-energy-density solid-state lithium batteries [1] - The team's findings have been published online in the journal "Nature," highlighting the significance of their research in the battery industry [1] Group 2: Technical Innovations - The research introduces a new design strategy called "rich anion solvation structure," leading to the successful development of a novel fluorinated polyether electrolyte [1] - This electrolyte enhances the physical contact and ionic conductivity at the solid-state interface through a thermally initiated in-situ polymerization technique, significantly improving the high-voltage performance and interface stability of lithium batteries [1]

Storage Industry - The DRAM and NAND flash memory market is facing a more severe shortage than previously predicted, with prices expected to rise further in Q4 2023 and 2026 [1] - Major companies like SanDisk, Micron, Samsung, and Western Digital have announced price increases, with Adata halting DDR4 pricing and prioritizing DDR5 and NAND flash for key customers [1] - The anticipated price increases for DDR5 contracts are 10%-15% and for spot prices 15%-25%, while DDR4 contracts are expected to rise over 10% and spot prices over 15% [1] - The demand for high-end products driven by AI and the traditional peak season for inventory replenishment are contributing to the expected recovery in DRAM and NAND Flash contract prices [1] Solid-State Batteries - A research team led by Tsinghua University has made significant progress in polymer electrolytes for lithium batteries, developing a new fluorinated polyether electrolyte that enhances ionic conductivity [2] - Solid-state batteries are accelerating from laboratory research to commercialization, with China expected to achieve small-scale production of all-solid-state batteries by around 2027 [2] Supernode Technology - The AICC2025 AI Computing Conference in Beijing saw the launch of the "Beijing Plan," aimed at developing supernode innovation coalitions to create industry-specific intelligent systems [3] - Supernode technology is identified as a core innovation in AI computing infrastructure, enhancing performance and efficiency through system-level architecture [3] Advanced Lithography - A collaborative research team from East China University of Science and Technology and Johns Hopkins University has developed a method for controllable deposition of amorphous zeolite imidazolate framework (aZIF) films, which are significant for advanced lithography processes [4][5] Real Estate Market - The People's Bank of China is focusing on enhancing monetary policy effectiveness to stabilize the real estate market, emphasizing the implementation of existing financial policies [6] - New first-tier cities are exploring policies to stimulate housing demand, with measures expected to be rolled out soon [6] Space AI Computing - The "Star Computing" constellation has completed commercial validation, marking the first operational phase of space-based AI computing services in China [7] - This constellation supports a processing capability of 5POPS and has significantly reduced response times for satellite data processing [7] Smart Logistics - The first national standard for logistics enterprise digitization has been released, aimed at accelerating the digital transformation of the logistics industry [8] - By 2025, the smart logistics market is projected to reach 2.5 trillion yuan, with AI technology penetration expected to exceed 50% [8] BeiDou System - The BeiDou satellite navigation system is increasingly integrated into daily life, with projections indicating over 400 million compatible devices by 2028 [9] - The system has significant potential in disaster prevention, precision agriculture, and public safety applications [9] Macro and Industry News - The National Development and Reform Commission is accelerating the construction of a national integrated computing network [10] - The Ministry of Industry and Information Technology is optimizing tax incentives for new energy vehicles [10]