目前，珠海已拥有 珠海冠宇、欣界能源、海四达 等固态电池企业 。其中， 珠海冠宇 半固态电池已实现规模化量产，并顺利通过多家客户的认证，目 前多个平台项目正在稳步推进。 欣界能源 已布局国内首条能量密度≥450Wh/kg级别固态电池的中试产线，年产能200MWh。 海四达 广东首条半固 态储能电池产线在今年3月正式投产，年产能6GWh。 【DT新材料】 获悉，近日，珠海印发 《珠海市推动固态电池产业发展行动方案（2025—2030年）》 （以下简称《行动方案》），明确提出要紧抓 固态电池产业发展的战略机遇期。 根据《行动方案》，目标方面，到2027年，珠海将推动固态电池行业中试平台建立，布局一批技术创新项目， 设立5家工程（技术）研究中心、重点 实验室等科技创新平台，引进一批具备成长潜力的固态电池企业 。到2030年，产业链关键材料、核心技术和装备技术水平持续提升，固态电池产业初 步形成规模。 重点发展方向包括固态电池电芯制造、固态电池生产设备以及固态电池材料三个方面。 固态电池电芯制造方面 ，聚焦高端消费电子等固态电池率先应用领域，推进半固态电池产业化和全固态电池研发进程。持续优化半固态电池在能量密 度、循 ...

【文/观察者网 柳白】中国本周一系列贸易反击措施，给了白宫震撼一击。在收紧稀土出口管制之余， 中方对高端锂离子电池的出口管控，被视作打击美国单边霸凌的又一张王牌。 彭博社在10月11日发表的评论文章中指出，中方对部分锂电池及相关材料实施的出口限制将于下月生 效，鉴于中国在电池行业的主导地位，以及美国对电池储能需求的激增，此举可能对美国企业产生重大 影响。 大型电池有助于储存多余的可再生能源，并在需要电力时释放出来。这有助于避免停电，增强电网稳定 性。十年前，美国公用事业规模的电池装机量几乎为零，而2024年已达到 26 吉瓦。仅在得克萨斯州， 去年就有约4吉瓦的电池容量投入使用，足以为约300万户家庭供电。 彭博新能源财经称，未来十年，美国全国预计将新增多达 136 吉瓦的电池容量。黑尔斯表示，其中很大 一部分供应将需要来自中国，而且难以被其他国家轻易取代。 中方宣布自2025年11月8日起，对部分锂电池、关键正负极材料及其制造设备与技术实施出口管制，以 维护国家安全和履行防扩散等国际义务。 文章直言，中国此前把稀土当作一种与美国贸易博弈的工具，美国如今日益需要储能设施来支持数据中 心运行并稳定电网，对中国电 ...

Core Viewpoint - The Guangxi Zhuang Autonomous Region government has issued an action plan to enhance and extend the supply chain of key advantageous manufacturing industries, focusing on clean energy development and technological advancements in various sectors [1] Group 1: Clean Energy Development - The action plan emphasizes the large-scale development of offshore wind power, photovoltaic power, nuclear energy, and biomass power, along with significant technological breakthroughs [1] - There is a push for integrated development of source, grid, load, and storage systems [1] Group 2: New Energy Storage Technologies - Guangxi aims to promote new energy storage technologies such as sodium-ion batteries and solid-state lithium-ion batteries [1] - Support will be provided for wind and photovoltaic power companies to build storage facilities, and industrial parks and enterprises are encouraged to deploy energy storage stations [1] Group 3: Core Product Development - The plan focuses on strengthening core products like wind turbines, blades, and towers, while also developing supporting materials such as steel for tower tubes and composite materials for blades [1] - Exploration of application scenarios combining offshore wind power with marine ranching, hydrogen energy, and tourism is encouraged [1] Group 4: Photovoltaic Manufacturing Enhancement - The action plan aims to enhance the technology upgrade and capacity optimization of core manufacturing processes for photovoltaic glass, components, and cells [1] - There is an active effort to attract supporting industries such as photovoltaic adhesive films, inverters, and maintenance equipment [1] Group 5: New Energy Battery Industry Focus - The new energy battery industry will concentrate on key areas such as anode and cathode materials, electrolytes, separators, and battery cells [1] - The plan includes initiatives to improve charging and swapping facilities in county areas and to promote a comprehensive layout for hydrogen energy production, storage, transportation, and utilization [1]

Investment Rating - The report maintains an "Outperform" rating for the company [1][6]. Core Views - The company has significant resource and cost advantages, with ongoing projects such as the joint mining development and the scandium-vanadium new materials park [1][15]. - The earnings forecasts for 2025-2026 have been lowered due to pressure on titanium dioxide prices, with EPS estimates for 2025, 2026, and 2027 at 1.20, 1.59, and 1.93 RMB respectively [6][13]. - The target price is set at 22.22 RMB, based on a PE ratio of 18.48 for 2025 [6][13]. Financial Summary - The company reported total revenue of 27.54 billion RMB in 2024, a year-on-year increase of 2.78%, with a net profit attributable to shareholders of 2.17 billion RMB, down 32.79% year-on-year [6][14]. - For Q1 2025, the company achieved revenue of 7.06 billion RMB, a decrease of 3.21% year-on-year, but a turnaround in net profit to 686 million RMB [6][14]. - The company’s titanium dioxide capacity stands at 1.51 million tons/year, and sponge titanium capacity at 80,000 tons/year, both leading globally [6][15]. Project Developments - Numerous projects are underway, including the joint mining projects and the planned scandium-vanadium new materials park, which will include various production capacities for vanadium and aluminum products [6][15]. - The company is also making progress in overseas exploration and base construction [6][16].