Market Reaction to the Resurgence of the New‑Energy Sector

The Shenzhen Stock Exchange saw a continuation of gains on September 30, 2025, with the three major indices rising. The new‑energy sector led the rally, as lithium‑ion battery, energy‑storage, and power‑battery concepts climbed collectively.

Key Movements

• New‑Energy Vehicle ETF (515030)

  • Up 2.11 % by 10:00 GMT.
  • Reached a level not seen in nearly two years.
  • The ETF, which tracks the CSI New‑Energy Vehicle Index (399976) and is heavily weighted (67 %) toward lithium‑ion battery companies, served as a barometer for the sector’s strength.

• Component Stock Gains

  • 富临精工 (20 % limit‑up)
  • 华友钴业 (10 % limit‑up)
  • 寒锐钴业, 湖南裕能 (+9 %)
  • 尚太科技, 多氟多, 格林美, 德方纳米 (+up)

• Sector‑wide Drivers

  • The Ministry of Industry and Information Technology released the “New‑Energy Storage Scale‑Up Action Plan (2025‑2027)”, targeting 180 MW of new‑energy storage capacity by 2027 and projected direct investment of about 250 B CNY.
  • Gold Securities commented that the market is entering the “Silver Ten” phase, with robust downstream demand for lithium‑ion batteries. Both domestic and overseas demand for storage systems are reinforcing the cycle, while the new‑energy vehicle market enters a peak consumption period, thereby boosting procurement and order volumes.

Company‑Specific Developments

德方纳米 (300769)

• Strategic Focus

  • The company has been researching phosphated manganese‑iron‑lithium (PMFL) cathode materials since 2017, addressing high‑potential ion leaching issues. PMFL offers a higher voltage platform, greater energy density, and superior low‑temperature performance while maintaining safety and cost advantages.
  • Products have undergone multiple rounds of testing, achieving leading performance in cycle life and energy density, and are already in use in several vehicle models.

• Market Position

  • The company’s materials are applied across pure electric vehicles, plug‑in hybrids, electric heavy trucks, electric ships, and construction machinery.
  • Management emphasizes ongoing innovation, cost reduction through technology, process, and management, and active market expansion.

• Pricing and Supply‑Chain Strategy

  • In response to industry calls for healthy competition, 德方纳米 will monitor market dynamics and adjust pricing strategies as needed.
  • The company maintains its liquid‑phase production method, citing superior particle uniformity, consistent quality, and enhanced cycle life. It continues to refine this technology rather than switching to solid‑phase routes.

• Future Outlook

  • Management highlighted opportunities in the growing robot sector, where higher energy density and safety are critical. The company plans to keep developing its lithium‑battery materials to meet these evolving demands.

富临精工 and 华友钴业

• Both firms experienced limit‑up trading, reflecting heightened investor interest in the raw material supply chain supporting the new‑energy vehicle and storage markets.

Implications for Shenzhen Dynanonic Co Ltd

• Market Sentiment

  • The broader new‑energy rally and the strong performance of key lithium‑battery suppliers provide a favorable backdrop for companies in related supply chains.

• Fundamentals

  • Shenzhen Dynanonic’s current closing price of 38.68 CNY (as of 2025‑09‑25) sits well below its 52‑week high of 53 CNY and above its 52‑week low of 24.21 CNY.
  • With a market capitalization of approximately 10.84 B CNY, the company remains a mid‑cap player on the Shenzhen Stock Exchange.

• Strategic Considerations

  • The industry’s focus on higher‑performance materials and the shift from price competition to value competition may influence Dynanonic’s product development priorities.
  • Engagement with emerging applications, such as electric heavy vehicles and robotics, could align with the broader sector trajectory highlighted by 德方纳米’s positioning.

In summary, the new‑energy sector’s resurgence, driven by supportive policy, robust demand, and strong performance of key component stocks, sets a positive context for companies operating within this ecosystem. Shenzhen Dynanonic Co Ltd’s valuation and market positioning suggest it is positioned to benefit from the continued momentum, provided it aligns its strategic initiatives with the evolving demands of high‑performance energy‑storage solutions.