从前几年的"卷产能"到如今的"卷价格"，锂电行业正在经历大肆扩张后的阵痛期。当产能闲置、价格不 振、利润下行等副作用扑面而来时，"反内卷"已成为行业共识。 多数受访人士认为，锂电行业破局需内外共同发力。从短期来看，依靠市场调节、政府引导加速落后产 能出清是当务之急；放长远看，通过技术创新升格竞争维度，以硬实力破局才是王道。 行业陷"内卷"困局 "内卷"背景下，锂电行业利润大幅缩减。Wind数据显示，锂电池产业板块104家上市公司中，去年有65 家企业净利润出现下滑，超60家企业毛利率同比下降。 证券时报记者了解到，目前锂电行业的"内卷"主要体现在低价竞争，而价格"内卷"的背后是前几年行业 产能激进扩张留下的后遗症。 "开工日子不好过，不开工日子更难过。"华中地区一位锂电材料厂相关负责人告诉证券时报记者，目前 行业多数企业被低价竞争裹挟着前进，熬着、不折腾可能是最好的选择。 锂电产业链价格持续磨底，直逼成本线，业内企业普遍遭遇生存困境。 "价格太低了，接单越多可能意味着亏得越多；但若为了维持利润率不接单，又将面临'无米下锅'的窘 境，现金流吃紧。"前述锂电材料厂人士告诉证券时报记者，目前公司开工率不足30%，只 ...

倒计时8天 携手 川发龙蟒 将落子 四川绵阳 7月2日， 富临精工 (300432)发布公告称，与 川发龙蟒（ 002312 ）正式签署了《合作框架协议》，双方将在股权与资本、正极材料项目 等方面进行合作。 具体来看，两家上市公司的合作主要涉及3个部分： 其一在 股权与资本合作方面 ，双方将就 富临精工 现有正极材料业务开展股权投资与资 本合作。 活动赞助/演讲/合作单位： 雅迪科技集团/台铃集团/新日股份/菜鸟集团/嘟嘟换电/司马出行/河豚换电/汇创新能源/中兴派能/孚能科技/保力新/创明新能源/多氟 多/博力威/睿恩新能源/诺达智慧/亿纬锂能/星恒电源/亮见钠电/比克电池/鹏辉能源/时代瑞象/优旦科技/逸飞激光/盾创科技/博观科技/尚闻科技/威胜能源/兆科 动力/小安科技/先导智能/鑫晟达/精锐精密等 行业公认，高压密磷酸铁锂 材料压实密度≥2.6g/cm³，目前主要指第四代及以上 磷酸铁锂材料，是当下磷酸铁锂高度确定的升级路径，也 是主流正极材料企业加速布局抢占技术制高点的重要方向。 据观察，目前头部磷酸铁锂企业均已经切入高压密磷酸铁锂，部分企业比如富临精工通过提前量产相关产品，已经享受到技术带来的市场 ...

藏格矿业（000408）公告，公司全资子公司藏格矿业投资(成都)有限公司参与认购的江苏藏青新能源产 业发展基金合伙企业(有限合伙)投资控股的西藏阿里麻米措矿业开发有限公司收到了改则县住房和城乡 建设局下发的《建筑工程施工许可证》。主要内容包括：建设单位为西藏阿里麻米措矿业开发有限公 司，工程名称为西藏自治区改则县麻米错盐湖矿区锂硼矿开采项目(无标段)，建设地址为改则县麻米乡 茶措村，建设规模为10.69万平方米，合同工期为2025年7月1日-2026年10月28日。麻米措矿业取得建筑 工程施工许可证，有利于扩充公司盐湖提锂的产能规模，提升公司核心竞争力和行业影响力，符合公司 发展战略及全体股东利益。 ...

Core Viewpoint - The lithium iron phosphate (LFP) market is experiencing contrasting dynamics, with some companies halting expansion projects while others continue to secure large orders and expand capacity [2][4]. Group 1: Market Demand and Production - In May, LFP production reached 287,900 tons, a 7.15% increase from April, with expectations for June production to rise to 294,600 tons [2]. - The overall demand for LFP remains high this year, but the market is shifting away from low-price competition towards a focus on higher performance [2][4]. - The strong growth of LFP batteries is evident, with April 2025 data showing a vehicle installation volume of 44.8 GWh, accounting for 82.8% of total installations, representing a year-on-year growth of 75.9% [4]. Group 2: Technological Advancements and Contracts - CATL has signed agreements to secure LFP production capacity, including a 5 billion yuan prepayment to support the construction of a 160,000-ton annual capacity line [3]. - The trend in technological iteration is towards high-pressure dense LFP products, which have a density greater than 2.5-2.6 g/cm, indicating a shift towards higher-end products [5]. - The market is seeing a structural reform driven by technological upgrades, with second-generation products being phased out in favor of new technologies [4][5]. Group 3: Industry Dynamics and Competition - Some companies are terminating LFP expansion projects due to changes in market supply and demand dynamics, with notable examples including Zhongke Titanium White and Guangdong Fangyuan New Materials [5]. - The industry is undergoing a significant reshuffle, with market concentration increasing as leading manufacturers secure more orders and focus on high-pressure LFP supply capabilities [5]. - Despite holding long-term contracts, leading manufacturers face challenges in achieving reasonable profits amid rapid cost reduction pressures [4][5].

此前，磷酸铁锂赛道长单频现。5月19日，万润新能（688275.SZ）宣布拿下宁德时代"超级大单"，2025年5月 - 2030年预计供货约132.31万吨，订 单价值超400亿元。6月3日，龙蟠科技（603906.SH）公告，控股孙公司锂源（亚太）与亿纬锂能马来西亚签约，2026 - 2030年销售15.2万吨磷酸 铁锂，合同总金额超50亿元；今年1月，锂源（亚太）还与福特汽车电池合资公司签署协议，2026 - 2030年销售磷酸铁锂正极材料。比亚迪今年也 有动作，丰元股份（002805.SZ）4月宣布，其全资子公司与惠州比亚迪电池签订三年合作框架协议，比亚迪优先采购。 【环球网财经综合报道】6月5日晚间，富临精工（300432.SZ）公告，子公司江西升华与宁德时代（300750.SZ）签署《补充协议》，修订去年8月 《业务合作协议》。宁德时代5月31日前向江西升华支付5亿元预付款，支持其江西基地16万吨/年、四川三期20万吨/年产能建设。原协议仅支持 江西基地7.5万吨/年磷酸铁锂产能。合作数量上，原协议约定2025 - 2027年江西升华向宁德时代供应，宁德时代每年至少采购14万吨；修订后， 2025 ...

Group 1 - The 2025 High-Performance Sodium Battery Industry Summit will be held on June 9 in Suzhou, organized by GGII and sponsored by Zhongna Energy [2] - The 2025 High-Solid-State Battery Technology and Application Summit is scheduled for June 10 in Suzhou, organized by GGII and sponsored by Liyuanheng [3] Group 2 - BYD reported a record high in battery installations for May 2025, with a total of approximately 28.476 GWh, representing a year-on-year increase of 101.12% and a month-on-month increase of 7.55% [3] - Cumulative installations for 2025 reached approximately 107.507 GWh [3] Group 3 - CATL signed a strategic cooperation agreement with Dongfeng Nissan to enhance collaboration in battery technology research, product innovation, and market expansion [4] - CATL also signed a strategic cooperation agreement with the Lanzhou Municipal Government to focus on new energy battery aftermarket construction and zero-carbon city development [7] Group 4 - Guangdong Meizhou's ecological environment bureau accepted an environmental impact report for a project aimed at recycling 60,000 tons of waste lithium batteries annually, with an investment of 651 million yuan [8] - Six Countries Chemical plans to raise up to 800 million yuan for a project to produce 280,000 tons per year of battery-grade refined phosphorus [9] - Hubei Shengxinbao signed a 1 billion yuan investment project for lithium battery electrode columns, expected to generate an annual output value of 500 million yuan [11] Group 5 - Rongbai Technology reported full production and sales of its lithium manganese iron phosphate products, with significant demand expected to continue into 2026 [12] - Longpan Technology secured a long-term contract with Eve Energy for the sale of 152,000 tons of lithium iron phosphate cathode materials, with total sales expected to exceed 5 billion yuan [15]

Core Viewpoint - The adjustment of the public transfer price for the 100% equity of Baiyin Zabuyé Lithium Industry Co., Ltd. by Tibet Mining reflects the challenges and strategic considerations the company faces in the current lithium industry environment [1][2]. Group 1: Company Actions - Tibet Mining announced a reduction in the transfer price of Baiyin Zabuyé from 197 million yuan to 177 million yuan, a decrease of 10% [1]. - The initial transfer attempt in October 2024 failed to attract qualified buyers, prompting the company to reassess its strategy [1][2]. - The transfer of Baiyin Zabuyé is part of Tibet Mining's efforts to optimize its asset structure and reduce investment risks amid a declining lithium market [2][3]. Group 2: Industry Context - The lithium industry has experienced significant volatility, transitioning from a supply-demand imbalance to an oversupply situation, leading to a decline in lithium prices [2]. - Tibet Mining's revenue and net profit have both decreased, with lithium product revenue dropping over 40% year-on-year [2]. - The current market sentiment is cautious, with potential buyers being more conservative in their valuations of lithium assets due to the industry's downturn [2][3]. Group 3: Future Implications - The successful transfer of Baiyin Zabuyé would mean it will no longer be included in Tibet Mining's consolidated financial statements, impacting the company's future financial health [2]. - The challenges faced by Tibet Mining, including the need for transformation under the "dual carbon" initiative and the risks associated with its lithium extraction technology, complicate the transfer process [3]. - The outcome of this transfer will significantly influence Tibet Mining's strategic direction in the lithium sector, with market participants closely monitoring developments [3].

可控核聚变行业由于较高的技术门槛，较少的企业参与其中，且当前仍处于技术攻关阶段，商业化不 足，科研主体为中国科学院合肥物质研究院等离子体物理研究所和核工业西南物理研究院(隶属于中国 核工业集团有限公司)等研究机构，项目建设中向相关企业采购相关材料设备。中国核建承担ITER核心 安装工程，掌握全超导托卡马克装置建造技术;中国核电牵头组建可控核聚变创新联合体，并于2025年2 月斥资10亿元入股中国聚变能源公司，这两家是国内可控核聚变产业的龙头企业。此外，西部超导、永 鼎股份、联创光电、上海电气等企业也参与了可控核聚变装置中关键器件的布局，能量奇点、瀚海聚 能、星环聚能等民营企业也参与可控核聚变中部分关键设计和技术研发工作。 行业主要上市公司：安泰科技(000969.SZ)，中国广核(003816.SZ)，永鼎股份(600105.SH)，西部超导 (688122.SH)，上海电气(601727.SH)等 中国可控核聚变行业整体竞争格局 中国可控核聚变行业市场区域竞争格局 通过企查猫，通过检索"可控核聚变"、登记状态为"存续/在业"的机构，截至2025年3月25日，中国相关 企业及研究院所共计170家，从我国可控核 ...

1、7999元起！华为鸿蒙电脑正式发布 重要程度：★★★★★ 随着5月19日华为nova14系列首发即搭载鸿蒙5（原生鸿蒙）操作系统以及华为首款鸿蒙折叠电脑的正式发 布，作为国产操作系统代表的鸿蒙5，开始跑出生态拓展加速度。 该电脑展开18英寸，折叠13英寸，展开薄至7.3mm，重量为1.16kg，首次实现了移动端与电脑端生态的深 度融合，将鸿蒙5正式拓展至电脑领域即桌面端。 价格方面，华为全球首款鸿蒙笔记本电脑HUAWEI MateBook Pro，售价7999元起；华为全球首款鸿蒙折叠 电脑HUAWEI MateBook Fold售价23999元起。 以下为晚报正文： 2、外汇局：外资配置人民币资产意愿持续向好 重要程度：★★★★ 日前，国家外汇管理局公布了2025年4月银行结售汇和银行代客涉外收付款数据。国家外汇管理局副局 长、新闻发言人李斌表示，外资配置人民币资产意愿持续向好。4月外资净增持境内债券109亿美元，处于 较高水平。4月下旬外资投资境内股票转为净买入。 随着有关政策落地见效，我国经济运行向好势头有望继续巩固，更好发挥稳定外汇市场的基本盘作用。 3、新华保险获批参与第三批保险资金长期投资改革 ...

A股复盘 |周末吹爆的题材好像不错呢 / 2025.05.19 今天这周末吹爆的题材倒是还可以！不过整体行情有点子无聊，早上买入后就没 管了！ 行情无聊到群里都鸦雀无声，只有早安、午安、晚安。 今天4月经济数据出来了，工业增加值和社零还是可以的，但房地产全面转弱， 销售遇冷， 投资降幅扩大， 价格下跌，连一线城市都涨不动了。这也印证了4月 金融数据信贷需求的疲软。 具体来看： 4月工业增加值同比增长6.1% 较前值下滑1.6个百分点 4月社零同比增长5.1% 较前值下滑0.8个百分点 前四月固定资产投资同比增长4.0% 较前值下滑0.2个百分点 前四月房地产开发投资同比降幅扩大至10.3%，前值9.9% 之前高盛就在调研中指出， 关税和出口下降可能导致未来几个月房地产市场再次 面临下行压力。 在出口活动更集中的地区（如长江三角洲和珠江三角洲），出口 导向型中小企业主可能会遇到现金流困难，被迫出售房产。 广发证券总结4月经济数据亮点： 一是在外生冲击下，实际增长虽有放缓但仍韧 性较强，一些新兴产业领域产品扩张较快；二是产销率没有显性变化，供求关系 没有因为外生冲击大幅承压；三是消费修复速度略超预期，不含汽车的4 ...