香港交易及結算所有限公司、香港聯合交易所有限公司及證券及期貨事務監察委員會對本申請版本 的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本申請版本全部或 任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 Sunwoda Electronic Co., Ltd.* 欣旺達電子股份有限公司 （「本公司」） （於中華人民共和國註冊成立的股份有限公司） 的申請版本 警告 本申請版本乃根據香港聯合交易所有限公司（「聯交所」）與證券及期貨事務監察委員會（「證監會」）的 要求而刊發，僅用作提供資訊予香港公眾人士。 本申請版本為草擬本，其所載資料並不完整，亦可能會作出重大變動。 閣下閱覽本文件，即代 表 閣下知悉、接納並向本公司、其保薦人、整體協調人、顧問或包銷團成員表示同意： 本公司招股章程根據香港法例第32章《公司（清盤及雜項條文）條例》呈交香港公司註冊處處長登記 前，本公司不會向香港公眾人士提出要約或邀請。倘於適當時候向香港公眾人士提出要約或邀請， 有意投資者務請僅依據呈交香港公司註冊處處長登記的本公司招股章程作出投資決定；招股章程的 文本將於發售期內向公眾發佈。 * 僅供識別 ( ...

Core Viewpoint - The patent alliance "Tulip Innovation," formed by LG Energy and Panasonic, has initiated a patent infringement lawsuit against Xinwanda in South Korea, claiming that Xinwanda's lithium-ion battery cells and battery packs for Geely's popular hybrid SUV violate a specific patent related to electrode and separator technology [1][4]. Group 1: Patent Infringement and Legal Challenges - The lawsuit in South Korea is part of a broader strategy similar to previous actions taken in Germany, targeting core battery technologies that are critical for energy, safety, and lifespan [4][7]. - Xinwanda has previously faced three defeats and sales bans in Germany regarding the same patent, indicating the strength of the patent barriers established by the alliance [4][7]. - The lawsuit poses risks not only to Xinwanda but also to its customers, as the involved battery technology is used in Geely's hybrid SUV sold in South Korea, potentially affecting market prospects [7][11]. Group 2: Domestic Quality Issues and Financial Implications - Xinwanda is also facing a domestic lawsuit from Geely's Weirui company, claiming damages of 2.313 billion RMB due to serious quality issues with battery cells supplied between 2021 and 2023 [4][11]. - The quality issues have led to significant vehicle recalls, with estimates suggesting that tens of thousands of vehicles may be affected, aligning with the compensation amount sought [11][15]. - The financial impact of the 2.313 billion RMB claim is severe, potentially consuming 90% of Xinwanda's net profit for 2023 and 2024, with insufficient reserves to cover such liabilities [15][16]. Group 3: Industry Implications and Strategic Reflections - Xinwanda's situation serves as a warning for the industry, highlighting the risks of prioritizing cost over quality, as aggressive pricing strategies may compromise essential safety and reliability standards [20][24]. - The dual challenges of patent infringement and quality issues are forcing a reevaluation of supplier assessments, emphasizing the need for robust quality systems and independent patent strategies [20][24]. - The case of Xinwanda illustrates the complexities of international expansion for Chinese companies, where legal and technical challenges are becoming increasingly intertwined [20][24].

1月26日，"以信而立，聚AI同行"首届深圳基金会生态共建大会暨公益年会在宝安区欣旺达（300207） 智慧园区举行。会议透露，截至2025年底，深圳基金会总量已达521家。 采写：南都N视频记者 潘莹瑜 为破解行业发展痛点，深圳市基金会发展促进会在会上宣布启动"双百计划"，赋能100家中小基金会、 打造100个品牌公益项目，并同步建设数字化服务平台与AI行业数据库。 当日，腾讯公益慈善基金会、深圳市慈善会、壹基金等机构发布了涵盖流动困境儿童精准关爱、乡村振 兴赋能、生态环保等领域的多个创新公益项目。来自字节跳动、卓越集团等企业的代表围绕"人工智能 时代下深圳基金会的作用发挥"进行了深入研讨。 深圳慈善行业联合党委书记、市慈善事业联合会常务副会长刘国玲表示，希望深基会持续发挥行业枢纽 作用，汇聚政府、企业及社会组织等多方力量，推动公益慈善事业向更规范、更专业、更高效、更温暖 的方向发展，为深圳建设中国特色社会主义先行示范区注入慈善力量。 在"十五五"规划开局之年，公益慈善事业如何融入国家高质量发展大局成为行业关注焦点。深圳市基金 会发展促进会会长、欣旺达集团创始人王明旺在会上介绍，2020年至2024年间，全 ...

【DT新材料】 获悉， 1月25日消息， 欣旺达 披露其 航空级固态电池核心量产成果，旗下Gen1、Gen2两代半固态电池产品正式实现规模化生产 ，最高能量密度 达380Wh/kg，成为国内少数在该领域实现量产落地的企业之一。 相关产品已全面适配城市载人飞行器、农林植保、海上运输等多种低空经济场景，标志着其在固态电池技术的商业化进程上迈入行业第一梯队。 在量产能力上 ，欣旺达位于深圳宝安的航空电池专用产线已实现满产，年产能达3GWh。该产线采用卷对卷干法连续生产工艺，材料利用率超过95%，产线良率 突破92%，远超行业平均水平。同时，该产线与现有动力电池产线设备复用率高，显著降低了投资与运营成本。 在产品布局上，公司形成了清晰的差异化矩阵： Gen1电池能量密度为320Wh/kg，已完成百公斤级飞行器的百公里实测验证 ，主打高稳定与高性价比，主要面向 农林植保、工业巡检等无人机场景； Gen2电池能量密度提升至380Wh/kg，搭载自主研发的软固态电池技术，可实现10分钟充电至80% ，续航达320公里，有效解 决了载人电动垂直起降航空器（eVTOL）的续航与补能痛点，已获得 亿航智能、沃飞长空 等头部企业的 ...

Core Viewpoint - The company Xiwanda (300207.SZ) announced that its wholly-owned subsidiary, Shenzhen Xinneng Industrial Development Technology Co., Ltd. (referred to as "Xinneng Technology"), plans to sign a partnership agreement with several investment partners to jointly invest in a private equity fund focused on energy storage assets [1] Group 1: Investment Details - The total committed capital for the partnership enterprise, referred to as "Yuanzhi Jianxin," is set at RMB 50 million [1] - Xinneng Technology will contribute RMB 10 million, representing a 20% stake in the partnership [1] - Other partners include New Energy Storage with a contribution of RMB 19.9 million (39.80% stake) and Tianjian Investment with RMB 20 million (40% stake) [1] - The general partner, Yuanzhi Storage, will contribute RMB 1 million, accounting for 0.20% of the total [1] Group 2: Investment Focus - The investment direction of the partnership will primarily target new energy storage power stations based on electrochemical technology, integrated solar-storage charging stations, energy management systems, and upstream sectors of the power station industry chain [1]

证券代码：300207 证券简称：欣旺达 公告编号：<欣>2026-002 欣旺达电子股份有限公司 关于全资子公司与专业投资机构共同投资的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、与专业投资机构共同投资情况概述 欣旺达电子股份有限公司（以下简称"公司"或"欣旺达"）全资子公司深圳 欣能产业发展科技有限公司（以下简称"欣能科技"）拟与普通合伙人深圳市远致 储能私募股权基金管理有限公司（以下简称"远致储能"）、有限合伙人深圳市新 型储能产业股权基金合伙企业（有限合伙）（以下简称"新型储能"）、有限合伙 人深圳市天健投资发展有限公司（以下简称"天健投资"）签署《深圳市远致健欣 新质生产力储能资产私募股权基金合伙企业（有限合伙）合伙协议》（以下简称"《合 伙协议》"或"本协议"），拟共同投资深圳市远致健欣新质生产力储能资产私募 股权基金合伙企业（有限合伙）（以设立时核准的名称为准，下同）（以下简称"远 致健欣"或"合伙企业"），该合伙企业认缴出资总额为人民币 50,000 万元，其中 有限合伙人欣能科技认缴出资额为人民币 10,000 万元，认缴比例为 ...

Core Insights - The article provides a comprehensive overview of the lithium battery market and related sectors, highlighting various segments such as lithium carbonate, electrolytes, copper foil, and more, with a focus on their projected performance by 2025 [1]. Market Analysis - The lithium carbonate market is expected to see significant growth, driven by increasing demand in electric vehicle (EV) production and energy storage solutions [1]. - The electrolyte market is projected to expand as advancements in battery technology enhance performance and safety [1]. - The copper foil market is anticipated to grow alongside the rising production of lithium batteries, as it is a critical component in battery manufacturing [1]. - The cobalt lithium market is expected to face challenges due to fluctuating prices and supply chain issues, impacting overall market stability [1]. - The ternary materials market is projected to benefit from the shift towards higher energy density batteries, which are essential for EVs [1]. - The lithium iron phosphate (LFP) market is expected to maintain steady growth due to its cost-effectiveness and safety features [1]. Company Developments - Shenzhen Sunwoda Energy Services Co., Ltd. was recently established with a registered capital of 50 million yuan, focusing on investment activities and renewable energy services [2][3]. - The company is wholly owned by Sunwoda, indicating a strategic move to diversify into energy services and investment [2]. Upcoming Reports and Events - A report titled "2025-2029 Global Lithium Battery Application Market Operation Trend and Competitive Strategy Research" is available for pre-sale, indicating ongoing research and analysis in the lithium battery sector [4]. - Upcoming conferences hosted by Xinluo Information will take place in Changzhou and Kuala Lumpur, providing platforms for industry discussions and networking [9][13].

Core Viewpoint - In 2025, the power battery industry in China experienced rapid growth, with sales surpassing 1 TWh for the first time, reflecting significant structural changes in exports, material composition, vehicle demand, and market competition [1] Group 1: Sales and Growth - In 2025, the total sales of power batteries reached 1200.9 GWh, a year-on-year increase of 51.8%, significantly higher than the 28.4% growth in 2024 [1] - Cumulative installed capacity was 769.7 GWh, up 40.4% year-on-year, with an increase of 221.3 GWh compared to 2024 [1] Group 2: Export Dynamics - Cumulative exports of power batteries in 2025 reached 189.7 GWh, a year-on-year growth of 41.9%, a substantial increase from the 5.0% growth in 2024 [3] - In December 2025, exports of lithium iron phosphate batteries accounted for 51.3% of total monthly exports, marking a 71.1% year-on-year increase and surpassing the previously dominant ternary batteries [3] Group 3: Battery Type Performance - In 2025, the installed capacity of lithium iron phosphate batteries was 625.3 GWh, representing 81.2% of total installed capacity, with a year-on-year growth of 52.9% [5] - The installed capacity of ternary batteries dropped to 18.7%, with a year-on-year growth of only 3.7%, continuing a downward trend from 10.2% in 2024 [5] Group 4: Commercial Vehicle Growth - The growth of commercial vehicles was explosive, with the installed capacity of pure electric trucks increasing to 17.7%, a year-on-year growth of 168.9% [7] - The average battery capacity of new energy vehicles rose to 55.2 kWh, a year-on-year increase of 18.8% [7] Group 5: Market Structure and Competition - The market competition is evolving from a "dual dominance" to a "stable head and diverse rise," with CATL and BYD maintaining their leading positions but seeing their combined market share decrease from 69.8% to 64.9% [10] - Mid-tier companies like Zhongchuang Innovation and Guoxuan High-Tech are gaining market share, with Guoxuan's installed capacity reaching 43.44 GWh, a year-on-year increase of 1.07 percentage points [12] Group 6: Material Demand and Pricing - The demand for core materials such as lithium iron phosphate and ternary materials surged by over 50% in 2025 [14] - By the end of 2025, the price of battery-grade lithium carbonate reached 150,000 yuan per ton, reflecting a more than 60% increase compared to the end of 2024 [14] Group 7: December Performance Highlights - In December 2025, power battery sales reached 143.8 GWh, a year-on-year increase of 49.2%, while installed capacity was 98.1 GWh, up 35.1% year-on-year [16] - The growth was driven by policy incentives and strong end-user demand, with major automakers launching promotional campaigns to stimulate purchases [15]

Core Viewpoint - The year 2025 is recognized as the "year of solid-state battery industrialization," marking a significant transition from experimental technology to mass production, reshaping the energy storage industry at an astonishing pace [1]. Group 1: Technological Breakthroughs and Capacity Implementation - In 2025, solid-state batteries achieved substantial breakthroughs in energy density and industrialization processes, with CATL's sulfide solid-state battery reaching an energy density of 500Wh/kg, and EVE Energy's first solid-state battery successfully rolling off the production line [3][4]. - Major companies like GAC Group and EVE Energy are establishing production lines for solid-state batteries, with GAC's line capable of producing batteries over 60Ah and EVE's Chengdu base being unveiled [3]. Group 2: Beneficiary Segments: Equipment and Materials - The demand for solid-state battery-specific equipment is surging due to the need for new manufacturing processes, leading equipment manufacturers like Xian Dai Intelligent and Winbond Technology to launch dedicated production lines [5]. - The solid-state battery industry is witnessing a critical period for pilot lines from 2025 to 2026, with equipment orders expected to be fulfilled ahead of schedule [5]. Group 3: Industry Development Anchors: Policies, Standards, and Leading Enterprises - Solid-state batteries are included in China's "New Energy Storage Manufacturing Industry High-Quality Development Action Plan," with support for R&D and pilot verification, while global competitors like the EU and the US are also accelerating their efforts [12]. - The first national standard for solid-state batteries is set to be published in September 2026, establishing China's leadership in the next generation of battery technology [13]. - Leading companies like CATL and BYD are planning to demonstrate small-scale production by 2027, indicating a strategic approach to validate technology feasibility [14]. Group 4: Future Application Rhythm: Gradual Penetration from Specialized to Mass Markets - From 2025 to 2027, solid-state batteries are expected to first penetrate specialized and high-end markets, including drones and high-end electric vehicles, which are sensitive to weight, safety, and energy density [16]. - Between 2027 and 2030, solid-state batteries will gradually enter high-end consumer and luxury electric vehicles, paving the way for broader market adoption [17]. - Post-2030, solid-state batteries are anticipated to flourish in mainstream passenger vehicles and general energy storage, leveraging cost control and supply chain scale effects [18]. Conclusion - The year 2025 marks a pivotal transition for solid-state batteries from "technically feasible" to "commercially visible," indicating a significant shift in the industry landscape [19][20].

人民财讯1月26日电，企查查APP显示，近日，深圳市欣旺达（300207）能源服务有限公司成立，法定 代表人为王威，注册资本为5000万元，经营范围包含以自有资金从事投资活动；发电技术服务；光伏发 电设备租赁；风力发电技术服务等。企查查股权穿透显示，该公司由欣旺达全资持股。 ...