本次投资符合公司的战略发展规划，为进一步优化公司产能布局，增强公司业务的影响力和综合竞争 力，满足公司未来业务发展和市场拓展的需要，对公司的产业布局及未来发展具有积极作用和深远意 义。 智通财经APP讯，鹏辉能源(300438.SZ)发布公告，为进一步优化公司产能布局，增强公司业务的影响力 和综合竞争力，公司拟在河南省正阳县投资建设年120Ah电芯生产项目，计划总投资金额21亿元。 ...

【鹏辉能源：拟投资12亿元建设587Ah及120Ah电池生产项目】智通财经2月12日电，鹏辉能源 (300438.SZ)公告称，公司拟在驻马店市驿城区投资建设587Ah电池及120Ah电池生产项目，总投资金额 12亿元。项目建设主体为公司全资子公司河南省鹏辉电源有限公司，建设内容为1条587Ah电池生产线 和1条120Ah电池生产线。项目资金来源为公司自有或自筹资金，预计将通过股债结合的方式筹集。项 目投资符合公司战略发展规划，有助于优化产能布局和增强市场竞争力，但存在资金筹集、政策和市场 环境变化等风险。 转自：智通财经 ...

（记者 张明双） 每经AI快讯，鹏辉能源2月12日晚间发布公告称，公司第五届第二十一次董事会会议于2026年2月12日 在公司会议室以现场与通讯结合方式召开。会议审议了《关于在河南省正阳县投资建设120Ah电芯生产 项目的议案》等文件。 每经头条（nbdtoutiao）——打造百万元级尊界的江淮，迎来葛卫东、方文艳联手投资：两人各掏10亿 元，公司股价应声大涨！复盘历史：牛散参与定增有赚也有亏 ...

证券代码：300438 证券简称：鹏辉能源 公告编号：2026-018 广州鹏辉能源科技股份有限公司 第五届董事会第二十一次会议决议的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 一、会议召开情况 本次投资不构成关联交易，不构成《上市公司重大资产重组管理办法》规定的重大 资产重组，本议案无需提交股东大会审议。董事会授权公司董事长或其授权人在授权范 围内组织实施、签署投资相关具体合同及其它相关法律文件。 具 体 内 容 详 见 中 国 证 监 会 指 定 的 创 业 板 信 息 披 露 网 站 （ 巨 潮 资 讯 网 www.cninfo.com.cn）上的相关公告。 2、审议通过了《关于在河南省正阳县投资建设 120Ah 电芯生产项目的议案》（该项 议案经表决：同意票 9 票，反对票 0 票，弃权票 0 票） 为进一步优化公司产能布局，增强公司业务的影响力和综合竞争力，公司拟在河南 省市正阳县投资建设 120Ah 电芯生产项目，计划总投资金额 21 亿元。 本次投资不构成关联交易，不构成《上市公司重大资产重组管理办法》规定的重大 资产重组，本议案无需提 ...

证券代码：300438 证券简称：鹏辉能源 公告编号：2026-020 广州鹏辉能源科技股份有限公司 1、本次投资基本情况 广州鹏辉能源科技股份有限公司（以下简称"公司"）为进一步优化公司产能布局， 增强公司业务的影响力和综合竞争力，公司拟在河南省正阳县投资建设年 120Ah 电芯生 产项目（以下简称"项目"），计划总投资金额 21 亿元。 2、投资履行的审批程序 公司已于 2026 年 2 月 12 日召开第五届董事会第二十一次会议，审议通过了《关于 在河南省正阳县投资建设 120Ah 电芯生产项目的议案》，并授权公司董事长或其授权人 在授权范围内组织实施、签署投资相关具体合同及其它相关法律文件。 根据《深圳证券交易所创业板股票上市规则》等法律法规和本公司《广州鹏辉能源 科技股份有限公司章程》等规章制度的相关规定，本次投资事项无需提交公司股东大会 审议。 3、本次投资不构成关联交易，不构成《上市公司重大资产重组管理办法》规定的 重大资产重组。 二、实施主体的基本情况 关于在河南省正阳县投资建设120Ah电芯生产项目的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或 ...

证券代码：300438 证券简称：鹏辉能源 公告编号：2026-019 广州鹏辉能源科技股份有限公司 关于投资建设587Ah电池及120Ah电池生产项目的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 一、投资概述 1、本次投资基本情况 广州鹏辉能源科技股份有限公司（以下简称"公司"）为进一步优化公司产能布局， 增强公司业务的影响力和综合竞争力，公司拟在驻马店市驿城区投资建设 587Ah 电池及 120Ah 电池生产项目（以下简称"项目"），计划总投资金额 12 亿元。 2、投资履行的审批程序 公司已于 2026 年 2 月 12 日召开第五届董事会第二十一次会议，审议通过了《关于 投资建设 587Ah 电池及 120Ah 电池生产项目的议案》，并授权公司董事长或其授权人在 授权范围内组织实施、签署投资相关具体合同及其它相关法律文件。 根据《深圳证券交易所创业板股票上市规则》等法律法规和本公司《广州鹏辉能源 科技股份有限公司章程》等规章制度的相关规定，本次投资事项无需提交公司股东大会 审议。 3、本次投资不构成关联交易，不构成《上市公司重大资产重组管理办 ...

Core Insights - The global energy storage battery market is experiencing explosive growth, with Chinese companies maintaining a dominant position and significant reshuffling occurring among industry players [1][2][3] Group 1: Market Growth and Trends - By 2025, global energy storage battery shipments are projected to reach 651.5 GWh, representing a year-on-year increase of 76.2%, with Chinese companies accounting for 614.7 GWh, or 94.4% of the total [1] - The top 10 companies in the energy storage battery market for 2025 will be entirely composed of Chinese firms, further increasing their global market share [1] - The market is characterized by a stable top tier and intensified competition among mid-tier companies, with the total market share of the top ten Chinese energy storage lithium battery companies decreasing slightly from 95% in 2024 to 90% in 2025, indicating enhanced market vitality [3] Group 2: Company Rankings and Dynamics - The top four companies—CATL, EVE Energy, Xiamen Hicharge, and BYD—remain unchanged, continuing to capture core market shares [2] - Significant changes in rankings include Ruipu Lanjun rising from seventh to fifth place, while Hubei Chuangneng and Penghui Energy entered the top ten, replacing Samsung SDI and LGES [2][3] Group 3: Technological Advancements - The industrialization process of large-capacity energy storage batteries is accelerating, with ongoing technological breakthroughs leading to reduced energy storage costs, laying the foundation for large-scale development [4] Group 4: Future Outlook - The global energy storage battery market is expected to enter a phase of high-quality development by 2026, with competition logic evolving and core competencies shifting towards technological innovation, capacity layout, and market expansion [5] - The reshuffling of the 2025 top ten list reflects the inevitable evolution of the industry and the strengthening competitiveness of Chinese energy storage battery companies [5]

Core Insights - The global energy storage battery market is experiencing explosive growth, with Chinese companies maintaining a dominant position and significant reshuffling occurring within the industry [1][8] - In 2025, global energy storage battery shipments are projected to reach 651.5 GWh, representing a year-on-year increase of 76.2%, with Chinese companies accounting for 614.7 GWh, or 94.4% of the total [1][9] Market Dynamics - The 2025 top 10 global energy storage battery companies include CATL, EVE Energy, Xiamen Hicharge, BYD, Ruipu Lanjun, Zhongxin Innovation, Envision AESC, Guoxuan High-Tech, Hubei Chuangneng, and Penghui Energy [7][9] - The top four companies (CATL, EVE Energy, Xiamen Hicharge, BYD) have maintained their positions, while there is increased competition among mid-tier companies, leading to notable ranking changes [7][9] New Entrants and Exits - Hubei Chuangneng has entered the top 10 rankings, marking a significant rise in its market presence, while established players Samsung SDI and LGES have exited the top 10 [8][9] - This shift indicates a transition in the competitive landscape from "China vs. foreign" to "internal competition" among Chinese firms [9] Industry Trends - The overall trend for 2025 shows a stable top tier and a more dynamic mid-tier, with the market share of the top ten Chinese energy storage battery companies slightly decreasing from 95% in 2024 to 90% in 2025, reflecting increased competition [9][10] - Technological advancements are accelerating the industrialization of large-capacity storage batteries, contributing to reduced costs and laying the groundwork for scalable development [10] Future Outlook - The global energy storage battery market is expected to enter a phase of high-quality development in 2026, with a shift in competitive logic towards technological innovation, capacity layout, and market expansion capabilities [10] - The reshuffling of the 2025 top 10 list is seen as a natural outcome of the industry's evolution and a reflection of the enhanced competitiveness of Chinese energy storage battery companies [10]

Summary of Key Points from Conference Call Industry Overview - The energy storage sector is experiencing significant growth, particularly in Europe, Asia, Africa, and Latin America, with companies benefiting from a robust channel network [2][4]. Company Insights 阳光电源 (Sungrow Power Supply) - The company is considered a fundamental leader in the energy storage market and is significantly undervalued, with suppressive factors gradually being lifted [1][3]. - It is one of the few companies in the AIDC energy storage sector that can directly connect with CSP customers, making its high-quality products essential in the U.S. market amid AI-related electricity shortages [1][3]. - The company is expected to achieve a net profit of 19-20 billion by 2026, with a current valuation of 16x, indicating a clear undervaluation [3][4]. 鹏辉能源 (Penghui Energy) - The company is optimistic about the price elasticity of energy storage cells, with a strong balance between supply and demand [5]. - It holds a 20-30% market share alongside two other leading companies, with no recent capacity expansions, indicating a rigid supply [5]. - The company has seen a significant increase in production for Q1, driven by unexpected overseas subsidy policies, leading to substantial price increase expectations for energy cells [5]. - Profit projections for 2026 are estimated at 1.63 billion, corresponding to a valuation of 14x, with a safety margin at current prices even without considering potential price hikes [5]. 正泰电源 (Zhejiang Chint Electrics) - The company is expected to see significant growth in the U.S. photovoltaic and European energy storage markets, with a breakthrough anticipated in 2025 [6]. - It plans to deliver a 500MW photovoltaic project in the U.S. and aims for total shipments to reach 2.5-3.5GW by 2026 [6]. - The company has a strong team in the U.S. and is actively engaging with new clients in data centers, with expectations to replicate success in large storage projects [6]. - Energy storage shipments are projected to be nearly 1GWh in 2025, with an expected increase to 2-2.5GWh in 2026, particularly in high-value markets like Europe, Japan, and Australia [6]. Additional Insights - The overseas market development has been supported by the group's strong project development capabilities, leading to numerous breakthroughs in self-developed projects [6]. - The company has made significant initial investments in overseas channels, with a cost rate nearing 20%, indicating high potential for performance elasticity and growth in the high-price market [6].

Core Viewpoint - Changji Guotou Xin Energy Development Co., Ltd. has announced a tender for four shared energy storage projects with a total scale of 800MW/3.2GWh, focusing on advanced battery technologies comparable to leading companies in the industry [2][3]. Group 1: Project Overview - The total scale of the energy storage projects is 800MW/3.2GWh, with specific projects including: - Changji Guotou Hutu Bih County: 200MW/800MWh - Changji Guotou Mulei County: 300MW/1200MWh - Changji Guotou Jimusaer County: 100MW/400MWh - Changji Guotou Qitai County: 200MW/800MWh [3][18][30]. - The tender includes a comprehensive range of equipment such as lithium iron phosphate battery storage, battery management systems (BMS), power conversion systems (PCS), energy management systems (EMS), and associated fire protection systems [3][18][30]. Group 2: Technical Requirements - The technical requirements for the battery cells are to be comparable to those of leading companies such as CATL, Hicharge Energy, Yiwei Lithium Energy, and others [2][9][21]. - The delivery period for the equipment is set to be completed within 90 calendar days from the issuance of the supply notice after the contract is signed [3][18][30]. Group 3: Tendering Process - The tender is open to independent legal entities registered in the People's Republic of China, with specific qualifications required for bidders, including experience in energy storage systems [7][20][30]. - A bid security of 500,000 yuan is required, and the tender documents can be downloaded from the Changji Public Resources Trading Network [23][31].