展会期间，宁德时代董事长曾毓群与雷诺新任首席执行官福兰的交谈同框画面，被视为欧洲汽车与中国 制造"心脏"合作的一次现场演绎。 就在车展召开的前日，宁德时代发布了其全球最高安全等级的NP3.0技术平台及首款搭载该技术的磷酸 铁锂电池产品——神行Pro。 除了在电池热失控时确保不扩散、不起火，其还能维持高压系统稳定供电超1小时的高安全性能。其针 对欧洲寒冷气候，在快速补能和极寒环境适用等材料体系的创新也被视为中国电池企业响应欧洲电动化 需求的关键信号之一。 0:00 21世纪经济报道记者费心懿 2025年慕尼黑车展（IAA Mobility）的展馆内，"It's all about mobility"的主题标语与展厅中密集陈列的 电动车型形成呼应。 但欧洲的电动化进程并未止步，只是由于结构性缺陷放缓脚步。 瑞典企业Northvolt于2024年11月申请破产保护，其北美子公司也在2025年9月被法院宣告破产。其曾被 是"欧洲动力电池的希望"，而其陨落也导致欧洲本土几乎丧失了量产合格磷酸铁锂电池的能力。 磷酸铁锂电池是支撑电动车价格下探至大众消费区间的核心要素，其成本比三元锂电池低，循环寿命则 更高，但产能缺口的持 ...

2025年慕尼黑车展（IAA Mobility）的展馆内，"Its all about mobility"的主题标语与展厅中密集陈列的电 动车型形成呼应。 瑞典企业Northvolt于2024年11月申请破产保护，其北美子公司也在2025年9月被法院宣告破产。其曾被 是"欧洲动力电池的希望"，而其陨落也导致欧洲本土几乎丧失了量产合格磷酸铁锂电池的能力。 磷酸铁锂电池是支撑电动车价格下探至大众消费区间的核心要素，其成本比三元锂电池低，循环寿命则 更高，但产能缺口的持续扩大使欧洲陷入被动。 展会期间，宁德时代董事长曾毓群与雷诺新任首席执行官福兰的交谈同框画面，被视为欧洲汽车与中国 制造"心脏"合作的一次现场演绎。 就在车展召开的前日，宁德时代发布了其全球最高安全等级的NP3.0技术平台及首款搭载该技术的磷酸 铁锂电池产品——神行Pro。 除了在电池热失控时确保不扩散、不起火，其还能维持高压系统稳定供电超1小时的高安全性能。其针 对欧洲寒冷气候，在快速补能和极寒环境适用等材料体系的创新也被视为中国电池企业响应欧洲电动化 需求的关键信号之一。 而在欧洲电动化率增长放缓的当下，全球动力电池一哥的当家掌门人现身欧洲车展有 ...

Group 1: Fund Market Developments - In September, the market is expected to see the launch of 97 new funds, with equity funds dominating, including 52 stock funds, primarily passive index or enhanced index products, indicating continued expansion of ETFs [1] - The China Securities Regulatory Commission reported that as of September 5, 12 institutions have applied for 17 ETF-FOFs, with 16 expected to be submitted by 2025, reflecting a growing interest in ETF-FOFs due to market recovery and rising ETF popularity [1] Group 2: Hong Kong Stock Market Financing - The Hong Kong stock market has seen active refinancing activities, with total placement financing exceeding 200 billion HKD this year, marking a 506.33% year-on-year increase [2] - As of September 5, there have been 281 placements completed, with many companies adopting discounted placements to attract investors, indicating a rapid pace of financing [2] Group 3: Robotics Industry Financing - In the robotics sector, financing in the first eight months of this year has surpassed the total for the entire previous year, reaching 1.8 times last year's total, driven by a surge in capital interest, particularly in embodied intelligence [3] - Companies like Meikaman and Beijing Xingdong have announced significant funding rounds, indicating robust investor confidence in the robotics industry [3] Group 4: Automotive Industry Insights - Changan Automobile's executive vice president stated that at least 35% of users will continue to choose fuel vehicles despite the rapid development of new energy vehicles, highlighting a dual focus on both fuel and new energy vehicles [4][5] - The current number of private charging piles in China is only 12.49 million, suggesting that for many households without charging facilities, fuel vehicles remain a practical choice [5] Group 5: Battery Technology Advancements - CATL introduced the NP3.0 technology platform, which can prevent fire and smoke during thermal runaway, enhancing safety in battery technology [5] Group 6: Stock Market Movements - The U.S. stock market experienced declines, with the S&P 500 down 0.32% and the Dow Jones down 0.48%, amid concerns over disappointing non-farm payroll data and rising recession fears [9] - The market anticipates potential interest rate cuts by the Federal Reserve, with increased speculation on a 50 basis point cut in September [9]

Core Viewpoint - CATL launched the NP3.0 technology platform, the highest safety level in the battery field, and introduced the Shunxing Pro lithium iron phosphate battery at the Munich Auto Show, responding to the urgent demand for electrification in the European market [1][3][5] Group 1: NP3.0 Technology Platform - The NP3.0 technology platform integrates eight core technologies, creating a "safety triangle" for power battery systems, enhancing safety and performance [5] - In extreme thermal runaway scenarios, NP3.0 can quickly block heat diffusion between cells and maintain stable power output for over one hour, supporting safe vehicle evacuation [5] - The technology ensures no open flames or smoke during thermal runaway, preventing secondary accidents and enhancing driving safety [5] Group 2: Shunxing Pro Battery Features - The Shunxing Pro battery offers a range of 758 kilometers (WLTP) with a lifespan of 12 years or 1 million kilometers, setting a new record for passenger vehicle battery longevity [6] - The battery has a degradation rate of only 9% after 200,000 kilometers, making it highly suitable for long-term leasing models in Europe [6] - The Shunxing Pro supercharging version achieves a range of 683 kilometers (WLTP) and can charge 478 kilometers in just 10 minutes, making it the fastest lithium iron phosphate battery in the European market [10] Group 3: Market Position and Strategy - CATL has established partnerships with over 90% of mainstream automakers in Europe and has production bases in Germany, Hungary, and Spain [10] - The company has captured nearly half of the European market share in the past five years, starting from zero [13] - CATL's Hungarian factory, once completed, will have a production capacity of 100 GWh, making it the largest in Europe [13]

Group 1 - On September 7, Shenyang Disease Control Center reported a gastroenteritis outbreak at Shenyang Normal University, with 2,087 cases reported and 1,817 recovered as of September 7 [8] - The outbreak was determined to be caused by norovirus contamination from a self-supplied well water tank in the school's third living area [8] - The peak of the outbreak has passed, with a significant decline in daily new cases, reporting only 25 new cases from September 6 to September 7 [8] Group 2 - CATL launched the NP3.0 technology platform in Munich, Germany, which is the highest safety level in the battery field, and introduced the first lithium iron phosphate battery product, the Shenzhou Pro [12] - The NP3.0 technology can prevent fire and smoke during thermal runaway, reducing the risk of secondary accidents due to visibility obstruction [12] - This innovation is expected to enhance CATL's market share in the electric vehicle sector and promote the development of the electric vehicle industry [12] Group 3 - Xiaomi's automotive division responded to concerns regarding the delivery of "test vehicles" to users, clarifying that quality assurance measures are in place, including random inspections and the use of static stickers for identification [13] - The company apologized for any confusion caused by the static stickers and has improved the process to prevent similar issues in the future [13] Group 4 - Chery Automobile passed the listing hearing at the Hong Kong Stock Exchange, marking a significant step in its IPO process after multiple attempts over the past two decades [15] - The successful hearing indicates a smoother progress towards the company's initial public offering, which could enhance its brand recognition and attractiveness [15] Group 5 - NIO confirmed its technical collaboration with McLaren, with revenue from this partnership starting in the first quarter of this year [17] - The collaboration is expected to contribute to NIO's business expansion and profitability, although the income from this partnership may fluctuate [17] Group 6 - Douyin e-commerce has initiated a crackdown on fraudulent behavior related to phone bill recharges, resulting in the removal of 25 non-compliant merchants and freezing their funds [18] - This action aims to enhance user trust and maintain platform order, positively impacting the overall reputation and user experience in the e-commerce industry [18] Group 7 - Tesla launched an official Weibo account named "TeslaAI" to showcase its humanoid robot, highlighting the company's advancements in artificial intelligence [20] - The introduction of the humanoid robot reflects Tesla's commitment to innovation and may positively influence future product development [20]

Core Viewpoint - CATL has launched the NP3.0 technology platform, the highest safety level in the battery field, to meet the urgent demand for electrification in the European market and accelerate the global transition to green transportation [2][3][5]. Group 1: NP3.0 Technology Platform - The NP3.0 technology platform integrates eight core technologies, including flame-retardant electrolytes and high-pressure active cooling technology, creating a "safety triangle" for power battery systems [6]. - In extreme thermal runaway scenarios, NP3.0 can quickly block heat propagation between cells and maintain stable power output for over one hour, allowing safe vehicle evacuation [6]. - The technology ensures no open flames or smoke during thermal runaway, enhancing driving safety and stability in all scenarios [6]. Group 2: Shenhxing Pro Battery - The Shenhxing Pro battery, equipped with NP3.0 technology, features a system grouping efficiency of 76% and meets diverse performance demands in safety, range, fast charging, and lifespan [7]. - The long-life version of the Shenhxing Pro battery offers a range of 758 kilometers (WLTP) and a lifespan of 12 years or 1 million kilometers, setting a new record for passenger vehicle battery lifespan [7]. - The battery has a degradation rate of only 9% after 200,000 kilometers, making it highly suitable for long-term leasing models in the European market [7]. Group 3: Market Position and Strategy - CATL has established partnerships with over 90% of mainstream automakers in Europe and is building production bases in Germany, Hungary, and Spain [11]. - The company has captured nearly half of the European market share in the past five years, starting from zero [15]. - CATL's Hungarian factory, once completed, will have a production capacity of 100 GWh, making it the largest in Europe [15].

Group 1 - The Ministry of Industry and Information Technology emphasizes the need to promote new industrialization during the "14th Five-Year Plan" period, focusing on maintaining a reasonable proportion of manufacturing, enhancing technological and industrial innovation, and improving the resilience and security of supply chains [2] - As of the end of August, China's foreign exchange reserves reached $3322.2 billion, an increase of $29.9 billion from the end of July, marking a 0.91% rise [2] - The adjustment of major indices' constituent stocks is set to take effect on September 8, with the Hang Seng Index increasing its constituent stocks from 85 to 88, including China Telecom and JD Logistics [3] Group 2 - President Xi Jinping will attend the BRICS leaders' online summit on September 8 at the invitation of Brazilian President Lula [4] - The People's Bank of China is expected to resume government bond trading operations by the end of the year, following discussions on government bond issuance management [4] - The 10th "Belt and Road Summit" will be held in Hong Kong on September 10-11, gathering over 90 officials and business leaders from 18 countries [4] Group 3 - The Ministry of Ecology and Environment reported that during the "14th Five-Year Plan" period, a total of 124.5 billion yuan was allocated for water pollution prevention, supporting over 6000 key projects [5] - In the first seven months of this year, the proportion of national surface water quality monitoring sections rated as good (Class I-III) was 88.9%, up 0.4 percentage points year-on-year [5] Group 4 - The A-share market experienced fluctuations in the first trading week of September, with the Shanghai Composite Index and Shenzhen Component Index down 1.18% and 0.83%, respectively, while the ChiNext Index rose by 2.35% [6] - The ETF-FOF market is seeing significant expansion, with 12 institutions applying for 17 ETF-FOF products as of September 5 [7] - The Hong Kong market's average daily trading volume reached 248 billion HKD, with southbound trading averaging 120 billion HKD, a year-on-year increase of approximately 2.4 times [7] Group 5 - The A-share private placement market has significantly rebounded this year, with fundraising scale increasing over six times year-on-year [9] - The Hong Kong market has also seen active refinancing activities, with the total placement scale exceeding 200 billion HKD this year [9] - Public funds have increased their investment in the technology innovation sector, with a notable rise in the number of technology-themed fund applications [10] Group 6 - The global demand for uranium is expected to rise significantly due to the expansion of nuclear power, with projections indicating a 33% increase by 2030 [14] - The World Gold Council reported that global official gold reserves increased by 166 tons in the second quarter, remaining at historical highs [21] - Gold prices have reached a record high of $3600 per ounce, with projections suggesting potential increases to $4500 or even $5000 per ounce under certain conditions [21]

Group 1 - As of the end of August 2025, China's foreign exchange reserves reached a record high of $33,222 billion, an increase of $29.9 billion from the end of July, marking the highest level since January 2016 [5] - The People's Bank of China has increased its gold reserves for the tenth consecutive month, with reserves standing at 74.02 million ounces at the end of August, up from 73.96 million ounces at the end of July [6] - UnionPay and Wanglian payment transactions in July and August 2025 totaled 2,769.96 billion transactions, with a transaction amount of 151.66 trillion yuan, reflecting year-on-year growth of 14.59% and 16.64% respectively [7] Group 2 - SAIC-GM Wuling announced an upgrade of its strategic partnership with Huawei, focusing on areas such as assisted driving, smart cockpits, and smart manufacturing [13] - CATL launched the NP3.0 battery safety technology platform and the Shenhung Pro battery, which aims to prevent fire and smoke during thermal runaway [14] - Chery Automobile has passed the listing hearing at the Hong Kong Stock Exchange, marking a significant step in its IPO process after multiple attempts over the past two decades [17] Group 3 - NIO confirmed its technical cooperation with McLaren, which began in the first quarter of this year, contributing to its revenue [18] - Douyin e-commerce has intensified efforts to combat fraud related to phone bill recharges, resulting in the removal of 25 non-compliant merchants [19] - Tesla launched its official Weibo account "TeslaAI," showcasing its humanoid robot, indicating advancements in its AI technology [20]

Core Viewpoint - Contemporary Amperex Technology Co., Limited (CATL) has launched the NP3.0 technology platform, which is the highest safety level in the battery field, along with its first lithium iron phosphate battery product, the Shenxing Pro, in Munich, Germany [1] Group 1 - The NP3.0 technology can prevent the generation of open flames and smoke during thermal runaway, thereby avoiding secondary accidents caused by visibility obstruction [1]

（注：我们会对线索进行核实。您的隐私将严格保密。） 推荐阅读 山寨车鼻祖，上半年只卖了14辆车 2025.09. 07 本文字数：252，阅读时长大约1分钟 作者 | 第一财经 肖逸思 9月7日，宁德时代在德国慕尼黑首次推出电池领域最高安全等级的NP3.0（No Propogation 3.0）技术平台，并正式发布首款搭载该技术的磷酸铁锂 动力电池产品——神行Pro。宁德时代方面称，该技术可实现热失控时不产生明火和烟雾，避免因视线遮挡引发的二次事故。 微信编辑 | 七三 第一财经持续追踪财经热点。若您掌握公司动态、行业趋势、金融事件等有价值的线索，欢迎提供。 专用邮箱： bianjibu@yicai.com Z] 公泰运车 (Z ● NNIT = = Mkir No. of the Research of the state 0 e 12 Stage Cities 星座子 2 I and and the A 27 li L ...