The photovoltaic industry is holding another 'self-regulation' symposium, will the industry chain profit inflection point accelerate arrival?
1. The photovoltaic industry once again held a "self-discipline symposium", with the level and scale of the meeting further raised, 22 leading companies attending voluntarily to maintain industry order; 2. Under the dual promotion of industry self-discipline and policy support, the chaotic competition situation in the photovoltaic industry is expected to end more quickly.
Zhejiang Hangke Technology Incorporated: Equipment for the semi-solid state battery field has been successively delivered and plans to build a factory in Malaysia|Live coverage of the earnings conference
① The company has currently partnered with multiple relevant manufacturers both domestically and internationally to develop experimental or pilot lines for solid state batteries, and equipment has been continuously delivered; ② The contract signed with Volkswagen in the second half of the year is the largest single order in the company's history, and due to the significant amount of this order, deliveries are expected to start gradually in the first half of 2025; ③ The plan is to build a large manufacturing plant in Malaysia.
US stocks closed | The three major indices rose together, with Dow Jones and S&P hitting new highs; tariff threats dragged down auto stocks, general motors fell 9%
Waiting for PCE inflation, the Fed's November minutes support gradual rate cuts, temporarily suppressing US bond yields and the dollar while gold rallies. The Dow turns higher at the end of the day, hitting new highs for three consecutive days, while small cap stocks fall from the highest level in six days, with chip stocks down more than 1%, but nvidia rebounds by 0.7%. Tesla reverses its decline, Nio falls by 7.7%, Amgen's weight loss drug once fell by more than 12%, and Dell falls more than 9% after hours.
Li Yuanheng: Actively collaborating with customers to research and develop solid state battery equipment, continuously focusing on Southeast Asia and European and American markets | Directly hitting the earnings conference.
① The solid state battery sulfide production line won by Liyuan Heng is currently in the internal design and manufacturing stage, but this segment is expected to account for a small portion of revenue in 2025; ② The recently announced coating order is expected to be delivered, accepted, and recognized in revenue in 2025; ③ In the future, there will be a close follow-up with domestic companies going overseas, continuously deepening efforts in the Southeast Asia and Europe-America markets.
Is the lithium battery industry chain about to bottom out? Industry insiders expect prices to rebound next year, with leaders emphasizing a global layout.
Zhang Xiaofei, the chairman of Gaogong Lithium Battery, expects that the first quarter of next year will be the lowest point for prices, while the prices of battery main materials will begin to rise in the second quarter of next year.
U.S. stock market closing | The three major indices showed mixed results, with nvidia temporarily falling over 5% after hours; bitcoin reached a new high, and stocks related to cryptos surged, with microstrategy rising by 10%.
S&P, Dow Jones, small cap stocks turned higher in the final hour, with the Nasdaq's decline significantly narrowing. Nvidia fell nearly 3% before closing down 0.8%, dropping 5% at one point after hours, as the financial report stated that Hopper and Blackwell face supply restrictions.