Core Viewpoint - The stock of Delixi New Energy Technology Co., Ltd. has experienced significant price fluctuations, with a cumulative increase of over 20% in two consecutive trading days, indicating potential irrational speculation in the market [1][2][5] Recent Trading Situation - The company's stock closed at a price of 24.88 yuan per share on September 2, 2025, reflecting a rise of 33.6% from the opening price of 18.61 yuan per share on August 29, 2025 [1][2] Company Operations - The company has confirmed that its production and operations are normal, with no significant changes in the internal or external business environment expected in the short term [2] Major Events - The major shareholder, Xinjiang Uygur Autonomous Region State-owned Assets Investment and Operation Co., Ltd., reduced its holdings by 2,335,100 shares, accounting for 1% of the company's total share capital on August 25, 2025 [4] Market Sentiment and Risks - The company has noted that there is a market focus on solid-state battery concepts, although it does not directly produce solid-state batteries [1][2] - The company's current price-to-book ratio is 5.19, significantly higher than the industry average of 3.54, indicating a potential risk of stock price deviation from reasonable valuation [3]

Core Viewpoint - The company, 德新科技 (603032.SH), clarifies that it does not directly produce solid-state batteries, despite market speculation surrounding this concept [1] Company Overview - The company's subsidiary, 东莞致宏精密模具有限公司, provides high-precision molds and cutting tools for downstream lithium battery manufacturers and new energy equipment manufacturers [1] - The products offered by the subsidiary are designed to meet various production processes, product performance, and application requirements [1]

Group 1: Industrial Machinery and Solid-State Battery Concepts - The industrial machinery concept saw a significant rise, with companies like Huadong CNC and Bojie Co. hitting the daily limit up, following the release of a high-quality standard system construction plan by the National Standardization Administration and the Ministry of Industry and Information Technology, aiming for a comprehensive standard system by 2030 [4] - The solid-state battery concept also showed strength, with companies like Saiwu Technology hitting the daily limit up and Shanghai Xiba rising over 5%, continuing to set historical highs [5] Group 2: Precious Metals Market - The price of gold surpassed $3,500 per ounce, marking a historical high, with a year-to-date increase of over 33% [7] - Silver and other precious metal stocks also experienced gains, with companies like Hunan Silver and Western Gold rising over 5%, supported by strong performance in the gold mining sector, where companies reported significant revenue growth [8] - Shandong Gold announced a placement agreement to issue up to 136.5 million shares at a price of HKD 28.58 per share, with expected proceeds of approximately HKD 39.01 billion, aimed at debt repayment [9] Group 3: Stock Market Overview - On September 2, the three major indices opened mixed, with the Shanghai Composite Index up 0.04% and the Shenzhen Component and ChiNext Index down 0.09% and 0.18%, respectively [2] - The A-share margin financing balance reached a historical high of CNY 2.3 trillion, surpassing the previous peak in June 2015, with an increase of CNY 35.642 billion from the previous day [2]

Group 1 - Dexin Technology clarifies that it does not directly produce solid-state batteries, but its subsidiary provides precision molds and solutions for lithium battery manufacturers and new energy equipment manufacturers [1] - A major shareholder of Dexin Technology reduced their holdings by 2.3351 million shares, accounting for 1% of the company's total share capital [1] - The clarification highlights the company's technological advantages in the supply chain, while the shareholder's reduction may impact market sentiment [1] Group 2 - Teruid announced it is a candidate for a project with a total value of approximately 698 million yuan, with 568 million yuan from China Huadian Group and 129 million yuan from a railway construction project [2] - The company has not yet received a formal notice of winning the bid, and the actual amount will depend on subsequent execution, indicating uncertainty regarding the impact on the company's performance [2] - This news underscores the company's competitiveness in the power and railway construction sectors, with potential positive effects on performance if the bid is confirmed [2] Group 3 - Funeng Technology has completed the development of its second-generation sulfide all-solid-state battery technology, achieving an energy density of 500 watt-hours per kilogram [3] - The company has already sent samples of its first-generation solid-state battery and is making significant progress in battery technology innovation [3] - This breakthrough is expected to create more commercial opportunities for the company and promote technological advancement in the battery industry [3]

Group 1 - DeXin Technology clarifies that it does not directly produce solid-state batteries, but its subsidiary provides precision molds and solutions for lithium battery and new energy equipment manufacturers, highlighting its technological advantages in the industry chain [1] - A major shareholder of DeXin Technology plans to reduce their holdings by 2.3351 million shares, accounting for 1% of the company's total share capital, which may impact market sentiment in the short term [1] Group 2 - TeRuiDe has been announced as a candidate for projects with China Huadian Group and railway construction, with a total pre-bid amount of approximately 698 million yuan, including 568 million yuan for the Huadian project and 129 million yuan for the railway project [2] - The actual impact on TeRuiDe's performance remains uncertain until formal bid notifications are received, but the announcement underscores the company's competitiveness in the power and railway construction sectors [2] Group 3 - Funeng Technology has completed the development of its second-generation sulfide all-solid-state battery technology, achieving an energy density of 500 watt-hours per kilogram [3] - This breakthrough in solid-state battery technology demonstrates Funeng's innovative capabilities and is expected to create more commercial opportunities while advancing the overall battery industry [3]

Major Events - Heng Rui Medicine received conditional approval from the National Medical Products Administration for its innovative drug Ze Mei Tuo Si Ta tablets, the first EZH2 inhibitor developed in China, aimed at adult patients with relapsed or refractory peripheral T-cell lymphoma who have undergone at least one line of systemic therapy [4] - Su Da Wei Ge plans to acquire up to 51% of Changzhou Weipu Semiconductor Equipment Co., with a total valuation of no more than 1 billion yuan, and the expected transaction price is not more than 510 million yuan [5] - Zhongtai Automobile's subsidiary faced forced execution, leading to the inability to resume production this year, indicating ongoing operational uncertainty [6][7] - Ke Li Sensor intends to purchase 45% of its subsidiary Hua Hong Technology from minority shareholders for 121.5 million yuan, increasing its stake to 96% [8] - Changcheng Military Industry announced the resignation of Vice Chairman Gao Shenbao due to retirement [9] - *ST Gao Hong's stock price fell below 1 yuan, raising the risk of delisting [10] - De Xin Technology clarified that it does not directly produce solid-state batteries, despite market speculation [11] - Guoxuan High-Tech reported no significant changes in its operating environment [12] Performance Overview - SAIC Group reported August vehicle sales of 363,400 units, a year-on-year increase of 41.04%, with new energy vehicle sales reaching 129,800 units, up 49.89% [18] - Great Wall Motors sold 115,600 vehicles in August, a year-on-year increase of 22.33%, with new energy vehicle sales of 37,495 units [19] - Dong'an Power's August engine sales increased by 3.44% year-on-year, with transmission sales up 38.53% [20][21] - BAIC Blue Valley's subsidiary reported August sales of 13,530 units, a year-on-year increase of 3.47% [22] Shareholding Changes - Kweichow Moutai's controlling shareholder increased its stake by 67,821 shares, accounting for 0.0054% of the total share capital [23] - Kesi Technology's core technical personnel plan to reduce their holdings by up to 3% [24] - Longqi Technology's shareholder plans to reduce its stake by up to 4.09% [25] - Jinghua Laser's directors and executives plan to collectively reduce their holdings by up to 143,420 shares, approximately 0.8% of the total share capital [26] Share Buybacks - Industrial Fulian has repurchased 7.6974 million shares for a total of 147 million yuan, representing 0.04% of the total share capital [27][28] Major Contracts - Tianqi Co., Ltd. signed a strategic cooperation framework agreement with Yiwei Lithium Energy to build a closed-loop system for lithium battery manufacturing and recycling [29] - Terui De announced pre-bid wins for two projects with a total amount of approximately 698 million yuan [30]

Core Viewpoint - DeXin Technology (603032.SH) clarified that it does not directly produce solid-state batteries, but its subsidiary provides precision molds and cutting tools for lithium battery production [2][6]. Group 1: Company Overview - DeXin Technology's stock price is currently at 22.62 yuan, with a market capitalization of 5.282 billion yuan [2]. - The company reported a revenue of approximately 251 million yuan for the first half of 2025, representing a year-on-year growth of 90.5% [6]. - The net profit attributable to shareholders for the same period increased by 187.09% to 22.35 million yuan [5][6]. Group 2: Shareholder Activity - The shareholder, Xinjiang Uygur Autonomous Region State-owned Assets Investment and Operation Co., Ltd., recently reduced its stake by selling 2.3351 million shares, accounting for 1% of the total share capital [2]. Group 3: Product Application - The company's precision mold products are primarily used in the lithium battery production process, specifically in the cutting of battery electrodes [6][7]. - The revenue generated from products used in solid-state battery production is very low, with the company stating it accounts for less than 1% of total revenue [7].

Core Viewpoint - The company, 德新科技 (603032.SH), clarifies that it does not directly produce solid-state batteries, despite market speculation regarding its involvement in this trending technology [1] Group 1: Company Operations - The company's subsidiary, 东莞致宏精密模具有限公司, provides high-precision cutting molds and solutions for lithium battery production and new energy equipment manufacturing [1] - The products offered by the subsidiary are designed to meet various production processes, product performance, and application requirements [1]

Core Viewpoint - The company clarifies that it does not directly produce solid-state batteries, despite the current market interest in this concept [1] Group 1: Company Operations - The company's subsidiary, Dongguan Zhihong Precision Mould Co., Ltd., provides high-precision cutting molds and solutions for downstream lithium battery manufacturers and new energy equipment manufacturers [1] - The products offered by the subsidiary meet various production processes, product performance, and application requirements [1]

Core Viewpoint - The company clarifies that it does not directly produce solid-state batteries, despite market speculation surrounding the solid-state battery concept [1] Company Overview - The company’s subsidiary, Dongguan Zhihong Precision Mould Co., Ltd., provides high-precision automatic cutting molds and die-cutting knives for downstream lithium battery manufacturers and new energy equipment manufacturers [1] - The products and solutions offered by the subsidiary meet various production processes, product performance, and application requirements [1]