（文章来源：证券日报） 证券日报网12月24日讯 ，诺德股份在12月23日回答调研者提问时表示，公司作为电解铜箔行业领军 者，公司核心优势集中在四大维度：其一，产能规模优势，公司构建覆盖华南、华中、西北的四大生产 基地（广东惠州、青海西宁、湖北黄石、江西贵溪），抓住新能源汽车产业及锂电池产业蓬勃发展的机 遇，集中资源和精力发展主营业务，逐步加强主业投入和布局，不断优化产业结构。其二，研发与技术 优势，公司率先研发出3微米极薄铜箔；实现高端复合铜/铝膜规模化生产；以镀镍合金箔破解固态电池 产业化难题；同时推出高端电子铜箔新品，持续抢占电解铜箔未来科技制高点。其三，客户结构优势， 基于在锂电铜箔行业多年的技术积累，公司能够根据客户的需求，积极对产品结构进行调整。在国内外 市场上，公司也与行业优质客户保持稳定合作。其四，绿色协同发展，通过"铜箔+储能"双轮驱动，公 司实现生产端零碳化与客户端绿色解决方案供给。 ...

Core Viewpoint - Nord Shares has signed a three-year supply agreement with Zhongchuang Xinhang to provide a total of 373,000 tons of lithium battery copper foil from 2026 to 2028, ensuring stable supply and production capacity utilization for both companies [1][4][5]. Supply Agreement Details - The agreement specifies that Nord's subsidiary, Shenzhen Baijiada New Energy Materials Co., Ltd., will supply 58,000 tons in 2026, 130,000 tons in 2027, and 185,000 tons in 2028, prioritizing Zhongchuang Xinhang's supply needs during capacity constraints [1][4][5]. - This agreement continues the partnership established in February 2025, where a supply of 45,000 tons of copper foil was successfully delivered [5]. Market Context - The price of copper has been on the rise, increasing from 73,000 yuan/ton at the beginning of 2025 to 86,000 yuan/ton currently, with expectations to exceed 90,000 yuan/ton in 2026 [2][5]. - Copper foil accounts for approximately 13% of the total cost of battery production [5]. Product Development and Innovation - Nord Shares is advancing the development of ultra-thin copper foil, with 4.5-micron copper foil reducing battery production costs by approximately 9.3 million yuan per GWh compared to 6-micron foil [2][5]. - The company has developed customized copper foil products for next-generation battery technologies, including nickel-plated alloy foil for solid-state batteries and silicon-carbon anodes [6]. Research and Development - Nord Shares has established a 120-member R&D team and has applied for over 200 patents in collaboration with domestic and international universities and industry experts [6]. - The company has implemented a comprehensive quality management system certified by IATF16949 [6]. Business Expansion - In 2025, Nord Shares continued to expand its business layout, including the establishment of a 400 million yuan energy storage industry fund focused on technology R&D and project implementation [3][6]. - The company currently has an annual copper foil production capacity of 140,000 tons, with plans to reach a global total capacity of 300,000 tons by 2030 [3][6].

Core Insights - The industry is expected to transition into a new phase of high-quality growth by 2025, moving away from the previous adjustment cycle [1] Group 1: Industry Trends - Market demand, cost competition, and globalization are identified as the three major trends in the lithium battery industry, emphasizing the need for companies to strengthen their internal capabilities and understand market dynamics to thrive in the new cycle [4] - The global competitive landscape is changing, prompting companies like Ruipu Lanjun to shift from a "global layout" to a "localized deep cultivation" strategy, establishing a "R&D + manufacturing + service" ecosystem in various regions [5] Group 2: Technological Advancements - Material performance improvements require systematic enhancements across three core levels: powder, particles, and lattice, rather than focusing on a single dimension [8] - The copper price has increased from 73,000 yuan/ton to 86,000 yuan/ton, with projections indicating a potential rise above 90,000 yuan. The transition from 6-micron to 4.5-micron copper foil is expected to save significant costs, with a net saving of 9.3 million yuan for 1GWh applications [9] Group 3: Manufacturing Innovations - The opening of the TWh era necessitates a focus on "extreme manufacturing" as the key to success [12] - Companies are leveraging AI not just as a tool for individual problem-solving but as a means to empower entire organizations, enhancing management, business efficiency, and collaboration [13]

Core Insights - The lithium battery industry is entering a new phase of high-quality growth by 2025, moving away from previous adjustment cycles, with significant market expansions expected in both power and energy storage batteries [3][4] - The industry is set to experience a third wave of capacity expansion, with an anticipated increase of over 700 GWh in effective capacity by 2026, supporting market demand growth [3][4] Group 1: Industry Trends - The power battery market is projected to achieve a milestone with annual shipments reaching TWh levels, and the energy storage battery market is expected to maintain a doubling growth trend, becoming a core engine for industry growth [3] - The lithium battery industry is experiencing a significant transformation driven by technological advancements and cost reductions, with the cost of wind and solar energy decreasing dramatically over the past decade [9][10] Group 2: Key Speakers and Their Insights - Zhao Weijun from Farasis Energy emphasized the importance of understanding the cyclical nature of the lithium battery industry and highlighted three core certainties for the new cycle: demand certainty, competitive methodology certainty, and globalization certainty [9][10] - Dr. Cao Hui from Ruipu Lanjun reported a 50%+ year-on-year growth in battery installations, with significant achievements in both passenger and energy storage markets, advocating for a shift from globalization to regional collaboration [11][14] - Chen Yanbin from Dingsheng Technology discussed the challenges in achieving higher energy density in lithium batteries, focusing on the need for systematic improvements across different material levels [15][18] Group 3: Technological Innovations - Nord's president Chen Yubi highlighted the rising cost of copper and the company's efforts to develop ultra-thin copper foil to reduce costs, which can save approximately 9.3 million yuan per GWh [22][23] - The introduction of nickel-plated alloy foil by Nord aims to address corrosion issues in solid-state batteries, enhancing performance and reliability [22][23] - The CEO of SES AI, Hu Qichao, discussed how AI is revolutionizing battery R&D by enabling faster and more efficient development processes, significantly reducing resource consumption compared to traditional methods [33][34]

Core Insights - The article highlights the significant advancements made by Nord Co., Ltd. in the field of new energy battery technology and AI electronic copper foil, showcasing their innovative products that have received industry recognition and are set to support the global computing power industry [1][2]. Group 1: Product Innovations - Nord Co., Ltd. has achieved a breakthrough with its nickel-plated alloy foil, which won the 2025 High-Tech Golden Ball Award for its innovative technology and product design, addressing the bottlenecks in next-generation battery materials [2][3]. - The company has launched a series of AI electronic copper foil products that successfully overcome foreign technological monopolies, providing essential materials for high-end applications such as AI servers and chip packaging [1][4]. Group 2: Industry Challenges - The global battery technology is evolving towards high energy density and safety, with solid-state batteries and high silicon-carbon anodes being the core competitive areas, yet material bottlenecks have long hindered industrialization [2][3]. - Traditional copper foils face corrosion issues and performance degradation under high temperatures and aggressive chemical environments, which necessitates innovative solutions [2][3]. Group 3: Technical Breakthroughs - The nickel-plated alloy foil has achieved three key breakthroughs: exceptional corrosion resistance against sulfide and high-concentration HF acid, excellent high-temperature performance suitable for solid-state battery production, and enhanced mechanical strength to withstand volume changes in electrode materials [3][5]. - The company emphasizes the trend of ultra-thin copper foil, with 4.5-micron copper foil expected to become mainstream in the market next year, showcasing its technological preparedness and capacity planning [3][4]. Group 4: Production Capacity and Market Impact - The Huangshi lithium battery copper foil industrial park, established with an investment of 12 billion yuan, has become the world's largest electrolytic copper foil production base, with an annual capacity of 100,000 tons of high-end lithium battery copper foil and 200,000 tons of copper substrates [4][6]. - The park is projected to achieve an output value exceeding 4.5 billion yuan this year, reflecting a year-on-year growth of 162.69%, indicating a significant expansion in both scale and efficiency [4][6]. Group 5: Strategic Collaborations - Nord Co., Ltd. is building an industrial ecosystem by signing strategic agreements with leading companies in the upstream and downstream sectors, enhancing collaboration across the "AI copper foil—PCB board—smart devices" supply chain [6]. - The company is transitioning from a foil supplier to a "computing power engine service provider," leveraging its location advantages and the rapid growth of the optoelectronic information industry [6].

Core Insights - The forum held in Suzhou focused on the theme of "Innovation and Resilience in the Restructuring of China's Battery New Energy Industry" and gathered over 500 representatives from various sectors of the battery new energy industry [1] - China has solidified its position as the "world's battery factory," but faces both short-term challenges and long-term restructuring in the battery new energy sector [1] Technological Developments - The competition in next-generation battery technologies is increasingly clear, with solid-state batteries and sodium-ion batteries emerging as the two main development lines [3][4] - Solid-state batteries are targeting high-end applications, while sodium-ion batteries focus on cost-effectiveness and supply chain security [3] - The development of semi-solid batteries is gaining traction due to their compatibility with existing production lines and lower costs, with energy densities reaching 330-350 Wh/kg [4] - Sodium-ion batteries have achieved scale in low-speed vehicles and backup power applications, with a low-temperature capacity retention rate exceeding 85% [5] Safety Innovations - The industry is shifting from "passive protection" to "active warning" systems, emphasizing the importance of safety in sustainable development [7] - New safety technologies, such as AI-driven monitoring systems, are being developed to provide early warnings of potential thermal runaway events [7][8] - The focus on safety standards is driving the need for industry regulation and quality assurance, with companies urged to maintain high safety standards to survive in a competitive market [8] Market Dynamics - The power and energy storage markets are experiencing structural differentiation, with a notable increase in the market share of lithium iron phosphate batteries [10] - The energy storage market is transitioning from mandatory storage to market-driven operations, with commercial and residential storage becoming new growth points [10] - Global expansion is becoming essential for leading companies, with plans for new production bases to meet regional market demands [11] Value Restructuring - The industry is undergoing a significant transformation, shifting focus from scale to quality, with an emphasis on technological innovation and sustainable development [11] - Companies are encouraged to provide differentiated solutions to avoid low-margin competition, marking a transition from "barbaric growth" to "rational prosperity" in the battery new energy sector [11]

Core Viewpoint - The article highlights the upcoming 2025 High-Performance Lithium Battery Annual Conference and the ongoing 2025 Golden Ball Award selection, emphasizing the significance of these events in recognizing and promoting innovation within the lithium battery industry. Group 1: Event Details - The 2025 High-Performance Lithium Battery Annual Conference will take place from November 18-20, 2025, at the JW Marriott Hotel in Shenzhen Qianhai [2] - The event is organized by GGII and features various sponsors, including Hai Moxing Laser and Dazhu Lithium Battery [2] - The Golden Ball Award, often referred to as the "Oscar of the lithium battery industry," has been held since 2013 and aims to recognize credible products and brands in the industry [2] Group 2: Industry Participation - Over 160 companies are participating in the 2025 Golden Ball Award selection, showcasing the competitive landscape of the lithium battery sector [2] - Companies like EVE Energy, Xinwanda, and Longzhong Lithium are among those involved in the award selection process [2] Group 3: Company Highlights - EVE Energy ranked second globally in energy storage cell shipments in the first half of 2025, with a shipment volume of 28.71 GWh [3] - EVE Energy's power battery shipments reached 21.48 GWh, ranking fifth in domestic installations and second globally for medium and heavy commercial vehicles [3] - Xinwanda launched its Flash Charge Battery 4.0, achieving a charging time of just 5 minutes for its 1400A flash charge battery [6] - Longzhong Lithium introduced a new high-pressure density product, breaking industry bottlenecks and achieving significant international supply chain advancements [8] - Rongbai Technology has made breakthroughs in high-nickel materials and solid-state battery key materials, positioning itself as a leader in the lithium battery material sector [10] - Nord Technology has developed a nickel-plated alloy foil for solid-state batteries, addressing critical challenges in the industry [12] - Dazhu Lithium Battery has created a high-speed, flexible CTP-Pack production line, enhancing efficiency and adaptability in battery manufacturing [14] - Yifei Laser has launched a production line for fast-charging cylindrical batteries, significantly improving manufacturing efficiency and product performance [16]