Core Insights - The report highlights significant growth in the domestic power battery installation volume, reaching 84.1 GWh in October, representing a month-on-month increase of 10.7% and a year-on-year increase of 42.1% [6] - The report indicates a surge in sulfuric acid prices driven by cost pressures and supply-demand imbalances, impacting related stocks such as Huateng (001217) and Hengguang (301118) [8] - Tencent's third-quarter report is expected to show accelerated growth in cloud services, with related stocks including Century Hengtong (301428) and Dataport (603881) [8] - The green alcohol industry is experiencing favorable policy support, which is expected to drive growth for core companies like Fuzhi Environmental Protection (688335) and Jiazhe New Energy (601619) [8] Industry Dynamics - The report notes that the domestic power battery industry is entering a new phase of systematic interconnectivity with the launch of a data infrastructure system by the China Academy of Information and Communications Technology [6] - The report emphasizes the importance of the battery sector, particularly lithium batteries and fluorine chemicals, which have seen significant capital inflows and price increases [12][13] Company Focus - ChipLink Integration (688469) has achieved mass production of its 8-inch SiC MOSFET production line, with a current capacity of 2,000 pieces per month [10] - Longyang Electronics (301389) has developed HVLP5 high-frequency and high-speed copper foil using proprietary technology, suitable for applications requiring low loss [10] - Yiling Pharmaceutical (002603) has received approval for its hydrochloride memantine raw material drug, aimed at treating moderate to severe Alzheimer's disease [10]

Market Overview - On November 12, the A-share market showed a slight decline, with the Shanghai Composite Index down 0.07%, the Shenzhen Component Index down 0.36%, and the ChiNext Index down 0.39% [2][3] - The total trading volume in the Shanghai and Shenzhen markets was 1.95 trillion yuan, a decrease of 48.6 billion yuan compared to the previous trading day [2] Sector Performance - The insurance, pharmaceutical, and oil & gas sectors saw the largest gains, while sectors such as cultivated diamonds, photovoltaics, and controllable nuclear fusion experienced the most significant declines [2] International Market - In the U.S. stock market, the Dow Jones Industrial Average rose by 326.86 points (0.68%) to close at 48,254.82 points, while the S&P 500 increased by 4.31 points (0.06%) to 6,850.92 points. The Nasdaq Composite fell by 61.84 points (0.26%) to 23,406.46 points [4][5] - European markets also saw gains, with the FTSE 100 up 0.12%, the CAC 40 up 1.04%, and the DAX up 1.22% [4] Commodity Prices - International oil prices fell, with WTI crude oil down 4.18% to $58.49 per barrel and Brent crude down 3.76% to $62.71 per barrel [4][5] Industry News - The China Photovoltaic Industry Association issued a statement refuting rumors aimed at discrediting the photovoltaic industry, emphasizing ongoing efforts to promote industry self-discipline and combat malicious short-selling [6] - The National Energy Administration announced plans to promote the application of renewable energy for heating, encouraging the development of multi-energy coupling comprehensive energy supply stations [7][8] Investment Insights - According to Debang Securities, the short-term market may continue to see a structural trend dominated by "new energy + policy themes," with a focus on the progress and effects of the "anti-involution" policy in the photovoltaic sector [12] - Pacific Securities noted that technology stocks are expected to show differentiation, with those supported by performance likely to maintain upward momentum, while those without may face significant corrections [12] Capital Market Developments - The Shanghai Stock Exchange International Investor Conference highlighted the importance of stabilizing the capital market and enhancing its internal stability, with plans to deepen reforms and expand long-term investment [9][10]

5、海博思创：与宁德时代签订战略合作协议，2026年至2028年公司采购电量累计不低于200GWh。 宏 观 新 闻 早 报 精 选 4、美股银行与黄金板块领涨，国际油价大幅收跌。 1、 中共中央政治局委员、国务院副总理何立峰12日晚在京会见美中关系全国委员会董事会执行副主席格林伯格、会长欧伦斯。何立 峰表示，中美在经贸领域拥有广阔合作空间，中美双方应相向而行，共同维护好、落实好两国元首釜山会晤重要共识和成果，加强合 作、管控分歧，推动中美经贸关系稳定发展。 2、上海证券交易所国际投资者大会11月12日正式启幕。在开幕式上，中国证监会副主席李明表示，强化战略性力量储备和稳市机制 建设，提升资本市场内在稳定性，坚决防止市场大起大落、急涨急跌。李明介绍，目前境外投资者持有A股的市值超过3.5万亿元， 是A股市场的重要参与力量。 3、瑞银投资银行近日发布报告称，今年三季度，外国机构投资者进一步增持中国股票。全球前40大投资机构的中国股票持仓升至 1.1%，为2023年一季度以来的最高水平。 4、美联储再现人事变动，亚特兰大联储行长博斯蒂克意外宣布将于明年2月退休。博斯蒂克同日还表示支持将利率保持原状，直至 通胀降至 ...

2、长荣股份：与金昌建投合作设立项目公司建设100兆瓦光伏电站项目。 3、稳健医疗：全资子公司拟投资20亿元建设全棉水刺无纺布生产基地。 一、停复牌 ST中迪：交易异常波动，股票停牌核查。 二、回购 世纪华通：拟5亿元至10亿元回购股份，用于注销减少注册资本。 三、投资合作、经营状况 1、以岭药业：全资孙公司盐酸美金刚原料药获上市申请批准，治疗中重度至重度阿尔茨海默型痴呆。 百济神州：前三季度净利润11.39亿元，同比扭亏为盈。 晚间公告 *免责声明：文章内容仅供参考，不构成投资建议 *风险提示：股市有风险，入市需谨慎 4、海博思创：与宁德时代签订战略合作协议，2026年至2028年公司采购电量累计不低于200GWh。 5、盛屯矿业：拟14.23亿元增资全资子公司盛屯黄金国际。 6、雅化集团：固态电池领域取得进展，成功开发出气固法合成硫化锂新工艺。 7、海锅股份：拟设控股子公司投建飞轮储能等高端零部件项目。 四、业绩变动 ...