宁德时代调整“朋友圈”：77万吨电解液订单锁量不锁价，供应商的考验来了_老虎社区_美港股上老虎

宁德时代调整“朋友圈”：77万吨电解液订单锁量不锁价，供应商的考验来了

华夏时报网06-12

宁德时代（300750.SZ）与天赐材料（002709.SZ）正在双向解绑。　　近日，新宙邦（300037.SZ）与永太科技（002326.SZ）先后披露与宁德时代（300750.SZ）签署的3年电解液合作协议，对应总采购规模分别为30万吨和47万吨，合计约77万吨。而宁德时代的长期合作伙伴天赐材料并未出现在这一波长协订单潮中，天赐材料于6月初披露了与楚能新能源的长期供货协议，订单规模达到百万吨级...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

暂无评论

热议股票

7x24

全部

{"i18n":{"language":"zh_CN"},"data":{"share":"https://www.laohu8.com/m/news/2642251471?lang=zh_CN&edition=full","thumbnail":"","is_english":false,"pubTime":"2026-06-12 12:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2642251471","market":"hk","top_or_hot":-1,"title":"宁德时代调整“朋友圈”：77万吨电解液订单锁量不锁价，供应商的考验来了","media":"华夏时报网","content":"<div>\n<p>宁德时代（300750.SZ）与天赐材料（002709.SZ）正在双向解绑。　　近日，新宙邦（300037.SZ）与永太科技（002326.SZ）先后披露与宁德时代（300750.SZ）签署的3年电解液合作协议，对应总采购规模分别为30万吨和47万吨，合计约77万吨。而宁德时代的长期合作伙伴天赐材料并未出现在这一波长协订单潮中，天赐材料于6月初披露了与楚能新能源的长期供货协议，订单规模达到百万吨级...</p>\n\n<a href=\"http://finance.eastmoney.com/a/202606123769725887.html\">网页链接</a>\n\n</div>\n","source":"stock_eastmoney","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>宁德时代调整“朋友圈”：77万吨电解液订单锁量不锁价，供应商的考验来了</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n宁德时代调整“朋友圈”：77万吨电解液订单锁量不锁价，供应商的考验来了\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-12 12:08 北京时间&nbsp;&nbsp;&nbsp;<a href=http://finance.eastmoney.com/a/202606123769725887.html><strong>华夏时报网</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>宁德时代（300750.SZ）与天赐材料（002709.SZ）正在双向解绑。　　近日，新宙邦（300037.SZ）与永太科技（002326.SZ）先后披露与宁德时代（300750.SZ）签署的3年电解液合作协议，对应总采购规模分别为30万吨和47万吨，合计约77万吨。而宁德时代的长期合作伙伴天赐材料并未出现在这一波长协订单潮中，天赐材料于6月初披露了与楚能新能源的长期供货协议，订单规模达到百万吨级...</p>\n\n<a href=\"http://finance.eastmoney.com/a/202606123769725887.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0320764243.SGD","symbol_name":"FTIF - Templeton Emerging Markets A Acc SGD","start_time":0,"source_url":"http://finance.eastmoney.com/a/202606123769725887.html","article_id":"2642251471","we_media_id":null,"thumbnails":[],"rights":{"source":"stock_eastmoney","url":"http://finance.eastmoney.com/a/202606123769725887.html","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2642251471","pubTimestamp":1781237318,"columns":[],"sourceInfo":{"source_id":"stock_eastmoney","name":"东方财富"},"weMediaInfo":null,"summary":"宁德时代（300750.SZ）与天赐材料（002709.SZ）正在双向解绑。近日，新宙邦（300037.SZ）与永太科技（002326.SZ）先后披露与宁德时代（300750.SZ）签署的3年电解液合作协议，对应总采购规模分别为30万吨和47万吨，合计约77万吨。","collect":0,"end_time":0,"defaultTopTitle":"eastmoney.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{"300037":"新宙邦","300750":"宁德时代","LU0320764243.SGD":"FTIF - Templeton Emerging Markets A Acc SGD","LU2238339852.HKD":"NINETY ONE GSF GLOBAL ENVIRONMENT \"A\" (HKD) ACC","BK0139":"涉矿","LU0047713382.USD":"BGF EMERGING MARKETS \"A2\" ACC","LU0593848301.USD":"未来资产亚洲卓越消费股票基金A","LU1102505762.USD":"富达新兴市场焦点 A","IE00BPRC5H50.USD":"NEUBERGER BERMAN CHINA EQUITY \"A\" (USD) INC","BK0028":"国家队","LU1868838027.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES \"8\" (USD) ACC","LU0235996351.USD":"UBS (LUX) KEY SELECTION SICAV - ASIAN EQUITY (USD) \"P\" (USD) ACC","LU1051769294.HKD":"BGF EMERGING MARKETS EQUITY INCOME \"A6\"(HKDHDG) INC","IE0032431581.USD":"PINEBRIDGE GREATER CHINA EQUITY \"A\" (USD) ACC","LU1820825898.SGD":"Aberdeen Standard SICAV I - China A Share Equity A Acc SGD-H","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","LU1152091754.HKD":"UBS (LUX) EQUITY FUND - CHINA OPPORTUNITY (USD) \"PM\" (HKD) INC","LU1048588211.SGD":"Blackrock Asian Dragon A2 SGD-H","LU2289578879.USD":"ALLIANZ CHINA A OPPORTUNITIES \"AT\" (USD) ACC","LU0244354667.USD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" ACC","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","LU1251922891.USD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (USD) ACC","LU1861214812.USD":"Blackrock Future of Transport A2 USD","LU0455707207.USD":"FIDELITY FUNDS  CHINA INNOVATION \"A\" (USD) INC","IE00BZ199S13.USD":"BNY MELLON MOBILITY INNOVATION \"B\" (USD) ACC","BK0155":"锂电池","LU2394011477.USD":"JPMORGAN CLIMATE CHANGE SOLUTIONS \"A\" (USD) ACC","SG9999002828.SGD":"Eastspring Investments Unit Trusts - Dragon Peacock A SGD","LU1997245177.USD":"安联神洲A股基金","LU0823437842.USD":"PARVEST GREEN TIGERS \"C\" (USD) INC","LU0594300419.USD":"富达中国消费基金A","LU0505663152.USD":"abrdn SICAV I - FUTURE MINERALS \"A\" (USD) ACC","LU0072913022.USD":"UBS (LUX) EQUITY FUND -  GREATER CHINA \"P\" (USD) ACC","LU0650527681.SGD":"Fidelity China Consumer A-SGD","LU0261950470.USD":"FIDELITY EMERGING MARKETS \"A\" ACC","LU2328871848.SGD":"Eastspring Investments - China A Shares Growth AS SGD","LU1861219969.SGD":"Blackrock Future of Transport A2 SGD-H","LU1039395188.USD":"BNP PARIBAS GREEN TIGERS \"C\" (USD) ACC","LU0192582467.USD":"SCHRODER ISF ASIAN EQUITY YIELD \"A\" (USD) INC MF","LU2275660780.HKD":"SCHRODER ISF GLOBAL CLIMATE CHANGE EQUITY \"A\" (HKD) ACC","LU1303224171.USD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (USD) INC","LU0823413587.USD":"BNP PARIBAS EMERGING EQUITY \"C\" (USD) ACC","LU1961090484.USD":"ALLIANZ ALL CHINA EQUITY \"A\" (USD) INC","LU1831875114.USD":"SCHRODER ISF ALL CHINA EQUITY \"A\" (USD) ACC","LU2041044095.USD":"Blackrock Circular Economy A2 USD","LU0124384867.USD":"贝莱德新能源基金A2","LU0128522157.USD":"TEMPLETON ASIAN GROWTH \"A\" ACC","LU2045819591.USD":"Natixis WCM Global Emerging Markets Equity R/A USD","LU0871576103.HKD":"HSBC GIF CHINESE EQUITY \"AC\" (HKD) ACC","LU0320764755.SGD":"FTIF - Templeton Asian Growth A Acc SGD","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","LU1794554557.SGD":"Allianz All China Equity AT Acc H2-SGD","LU2125910849.SGD":"Natixis WCM Global Emerging Markets Equity R/A SGD","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","LU1939255532.USD":"NINETY ONE GSF GLOBAL ENVIRONMENT \"A\" (USD) ACC","LU0106959298.USD":"UBS (LUX) EQUITY FUND - EMERGING MARKETS SUSTAINABLE LEADERS (USD) \"P\" (USD) ACC","LU0149534421.HKD":"SCHRODER ISF HONG KONG EQ \"A\" ACC","LU2125910500.SGD":"Natixis WCM Global Emerging Markets Equity H-R/A SGD","LU0823414551.USD":"BNP PARIBAS ENERGY TRANSITION \"C\" (USD) INC","LU0469268626.HKD":"AB FCP I-ASIA EX JAPAN EQUITY PTF(AD","LU0516422440.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"A\" (USD) ACC","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","LU1934453819.USD":"AB CHINA A SHARES EQUITY PORTFOLIO \"A\" (USD) ACC","LU2476274720.SGD":"ALLIANZ CHINA FUTURE TECHNOLOGIES \"AT\" (SGDHDG) ACC","LU0572940350.SGD":"Janus Henderson Horizon Asian Dividend Income A3 SGD","IE00B8L5B284.USD":"BNY MELLON GLOBAL EMERGING MARKETS OPPORTUNITIES \"B\" (USD) INC","SG9999001689.USD":"施罗德亚洲成长股票","LU0821914370.USD":"贝莱德亚洲成长领袖A2","LU1997244956.HKD":"ALLIANZ CHINA A-SHARES \"AT\" (HKD) ACC A","LU0823413660.USD":"BNP PARIBAS EMERGING EQUITY \"C\" (USD) INC","LU0651947912.USD":"BGF EMERGING MARKETS EQUITY INCOME \"A5G\" (USD) INC","SGXZ81163826.USD":"UNITED CHINA A-SHARES INNOVATION \"A\" (USD) ACC","SG9999000327.SGD":"Schroder Asian Growth A Dis SGD","LU0502904849.HKD":"FIDELITY FUNDS  CHINA INNOVATION \"A\" (HKD) ACC","SGXZ49509284.SGD":"United China A Shares Innovation A Acc SGD","LU0259732245.USD":"EASTSPRING INVESTMENTS DRAGON PEACOCK A","LU0828237940.HKD":"SCHRODER ISF EMERGING ASIA \"A\" (HKD) ACC","LU0029875118.USD":"TEMPLETON ASIAN GROWTH \"A\" INC","LU0326948709.USD":"SCHRODER ISF ASIAN TOTAL RETURN \"A\" (USD) ACC","LU0029874905.USD":"TEMPLETON EMERGING MARKETS \"A\" INC","LU0043850808.USD":"HSBC GIF ASIA EX JAPAN EQUITY \"AD\" INC","LU2449936058.SGD":"SUSTAINABLE ASIA EQUITY \"AA\" (SGD) ACC","LU2148510915.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"R\" (USD) ACC","LU1328277881.USD":"MANULIFE GF DRAGON GROWTH FUND \"AA\" (USD) INC","HK0000181112.HKD":"DA CHENG CHINA BALANCED \"A\" (HKD) INC","LU0264606111.USD":"Janus Henderson Horizon Asian Dividend Income A2 USD","LU0828237510.HKD":"SCHRODER ISF BIC (BRAZ IN CH)\"A\" (HKD) ACC","LU0823426308.USD":"法巴中国股票基金","LU0672654166.SGD":"FTIF - Templeton Asian Growth A (acc) SGD-H1","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD","LU0328353924.USD":"UBS (LUX) EQUITY SICAV - GLOBAL EMERGING MARKETS OPPORTUNITY (USD) \"P\" (USD) ACC","LU2506952337.HKD":"BNP PARIBAS CLIMATE IMPACT \"CRH\" (HKDHDG) ACC","LU0228659784.USD":"施罗德金砖四国基金","LU1655091616.SGD":"JPMorgan Funds - China A-Share Opportunities A (acc) SGD","HK0000181138.USD":"DA CHENG CHINA BALANCED \"A\" (USD) INC","LU1721428347.USD":"BNP PARIBAS CLIMATE IMPACT \"C\" (USD) ACC","LU0048388663.USD":"SCHRODER ISF ASIAN OPPORTUNITIES \"A\" (USD) INC AV","LU2360108059.USD":"BGF CIRCULAR ECONOMY \"A4\" (USD) INC","BK0065":"智能汽车","LU0516422366.SGD":"Fullerton Lux Funds - Asia Focus Equities A Acc SGD","LU0370786039.SGD":"Fidelity Greater China A-SGD","LU0051755006.USD":"摩根大通中国A (dist)","LU0048575426.USD":"FIDELITY EMERGING MARKETS \"A\" INC","LU1064130708.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"I\" (USD) ACC","LU0314109678.HKD":"MANULIFE GF DRAGON GROWTH \"AA\" (HKD) INC","LU1023057109.AUD":"BGF CHINA \"A2\" (AUDHDG) ACC","LU0828238088.HKD":"SCHRODER ISF GLBL EMGNG MKT OPPS \"A\" (HKD) ACC","LU0543330483.HKD":"TEMPLETON ASIAN GROWTH \"A\" (HKD) ACC","IE00B543WZ88.USD":"NEUBERGER BERMAN CHINA EQUITY \"A\" (USD) ACC","LU0326950275.SGD":"Schroder ISF China Opportunities A Acc SGD-H","LU0210526637.USD":"JPM CHINA \"A\" (USD) ACC","LU1917777945.USD":"安联专题基金Cl AT Acc","LU0449509016.USD":"HSBC GIF BRIC EQUITY \"AC\" (USD) ACC","002709":"天赐材料","LU0572944931.SGD":"Janus Henderson Horizon China Opportunities A2 SGD","LU2506952410.USD":"BNP PARIBAS CLIMATE IMPACT \"CRH\" (USDHDG) ACC A","LU0254981946.USD":"HSBC GIF BRIC MARKETS EQUITY \"AC\" (USD) ACC","LU0594300179.USD":"FIDELITY CHINA CONSUMER \"A\" (USD) ACC","LU2506951792.HKD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (HKDHDG)       ACC","LU0880133367.SGD":"UBS (LUX) EQUITY FUND CHINA OPPORTUNITY USD \"P\" (SGD) ACC","LU1781817850.SGD":"Blackrock Systematic China A-Share Opportunities A2 SGD-H","LU1868837565.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES \"1\" (USD) ACC","LU1255011170.USD":"JPM CHINA A-SHARE OPPORTUNITIES \"A\" (USD) ACC","LU0572939691.SGD":"Janus Henderson Horizon Asian Dividend Income A2 SGD","LU0516423091.SGD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (SGD) ACC","SG9999001903.USD":"Aberdeen Standard Pacific Equity USD","LU2476274308.USD":"ALLIANZ CHINA FUTURE TECHNOLOGIES \"AT\" (USD) ACC","LU2506952253.HKD":"BNP PARIBAS GREEN TIGERS \"CRH\" (HKD) ACC","LU2298322129.HKD":"BGF SUSTAINABLE ENERGY \"A2\" (HKDHDG) ACC","LU0164865239.USD":"HSBC GIF CHINESE EQUITY \"AC\" (USD) ACC","LU1102505929.USD":"FIDELITY SUSTAINABLE EMERGING MARKETS EQUITY  \"A\" (USD) ACC","LU0143863784.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES\"DU\" (USD) ACC","LU0011963245.USD":"abrdn SICAV I ASIA PACIFIC SUSTAINAB  LE EQUITY \"A\" (USD) ACC","LU0165289439.USD":"HSBC GIF ASIA EX JAPAN EQUITY \"AC\" ACC","LU1813983027.USD":"MANULIFE GF DRAGON GROWTH \"AA\" (USD) INC","LU0107464264.USD":"abrdn SICAV I - GLOBAL INNOVATION EQUITY \"A\" (USD) ACC","LU0327786744.USD":"Janus Henderson Horizon China Opportunities A2 USD","LU1969619763.USD":"EASTSPRING INV CHINA A SHARES GROWTH \"A\" (USD) ACC","LU2495084118.USD":"ALLIANZ CHINA A-SHARES \"ATH\" (USDHDG) ACC","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","IE0003851619.USD":"BNY MELLON ASIAN EQUITY \"B\" (USD) ACC","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","LU2399975544.HKD":"ALLIANZ ALL CHINA EQUITY \"AT\" (HKD) ACC","LU0140636845.USD":"施罗德大中华区股票A Acc","LU0531970944.HKD":"HSBC GIF BRIC EQUITY \"AC\" (HKD) ACC","LU2348773727.SGD":"Aberdeen Standard SICAV I - Asian Sustainable Development Equity A Acc SGD-H","LU0164872284.USD":"HSBC GIF GLOBAL EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0106252389.USD":"SCHRODER ISF EMERGING MARKETS \"A\" ACC","LU2424517915.HKD":"abrdn SICAV I -  ASIAN SDG EQUITY \"A\" (HKD) ACC","LU0823426480.USD":"法巴中国股票经典Dis","LU0188438112.USD":"SCHRODER ISF ASIAN EQUITY YIELD \"A\" ACC","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","LU0106259558.USD":"SCHRODER ISF ASIAN OPPORTUNITIES \"A\" ACC","LU0651946864.USD":"贝莱德新兴市场股票收益A2","LU0143863198.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES\"AU\" (USD) ACC","SG9999000459.SGD":"Aberdeen Standard Pacific Equity SGD","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","BK0132":"高送转概念","LU0054450605.USD":"HSBC GIF GLOBAL EMERGING MARKTS EQ \"AD\" INC","LU1051768304.USD":"贝莱德新兴市场股票收益A6","LU0049853897.USD":"SCHRODER ISF EMERGING MARKETS \"A\" (USD) INC AV","LU0359202008.SGD":"Blackrock China Fund A2 SGD-H","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","BK0152":"OLED","IE0003795394.USD":"BNY MELLON ASIAN EQUITY \"A\" (USD) ACC","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","SG9999002463.SGD":"LionGlobal China Growth SGD","LU1008478684.HKD":"UBS (LUX) EQUITY FUND -  CHINA OPPORTUNITY \"P\" (HKD) ACC","LU1880383440.USD":"AMUNDI FUNDS CHINA EQUITY \"A2\" (USD) INC","LU2477742899.HKD":"BNP PARIBAS CLIMATE IMPACT \"C\" (HKD) ACC","LU2298321311.HKD":"BGF CIRCULAR ECONOMY \"A\" (HKDHDG) ACC","LU2580892789.USD":"FRANKLIN SEALAND CHINA A-SHARES \"A\" (USD) ACC","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU1808992512.USD":"AB ALL CHINA EQUITY PORTFOLIO \"A\" (USD) ACC","LU1515016050.SGD":"Blackrock Emerging Markets Equity Income A6 SGD-H","LU0405327148.USD":"ALLSPRING CHINA A FOCUS \"A\" (USD) ACC","LU2360107325.USD":"BGF FUTURE OF TRANSPORT \"A4\" (USD) INC","IE0005HP3H50.USD":"GUINNESS CHINA \"C\" (USD) ACC","LU2097828557.USD":"AZ EQUITY CHINA \"A\" (USD) ACC","LU2092937221.SGD":"Blackrock Circular Economy A2 SGD-H","LU0531971595.HKD":"HSBC GIF CHINESE EQUITY \"AD\" (HKD) INC","LU2097828631.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC","LU2778985437.USD":"ALLIANZ CHINA FUTURE TECHNOLOGIES \"A\" (USD) INC","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","LU0611395673.USD":"NINETY ONE GSF EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU1997245094.SGD":"安联神州A股基金AT Acc SGD","LU0823414478.USD":"法巴经典能源转换基金","LU0724618433.USD":"BGF NEW ENERGY \"A4\" (USD) INC","LU2097828714.EUR":"AZ EQUITY CHINA \"BAZ\" (EUR) ACC","BK0003":"超级电容","IE00B5MMRT66.SGD":"NEUBERGER BERMAN CHINA EQUITY \"A\" (SGDHDG) ACC","LU2580892862.HKD":"FRANKLIN SEALAND CHINA A-SHARES \"A\" (HKD) ACC","LU2152927971.USD":"NORDEA 1 ASIAN STARS EQUITY \"BP\" (USD) ACC","LU3063872942.SGD":"FULLERTON LUX FUNDS ASIA EQUITIES \"I\" (SGD) ACC","LU1064131003.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"A\" (USD) ACC","LU2097828805.USD":"AZ EQUITY CHINA \"A-AZ\" (USD) ACC","LU0229945570.USD":"TEMPLETON BRIC \"A\" (USD) ACC","LU1979443071.USD":"AB CHINA A SHARES EQUITY PORTFOLIO \"AD\" (USDHDG) INC","LU1146622755.USD":"安本中国A股股票基金A Acc","LU1152091168.USD":"UBS (LUX) EQUITY FUND - CHINA OPPORTUNITY (USD) \"PM\" INC","LU0708995153.HKD":"TEMPLETON EMERGING MARKETS \"A\" (HKD) ACC","LU0516423174.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (USD) ACC","LU0039217434.USD":"HSBC GIF CHINESE EQUITY \"AD\" INC","BK0229":"化学制品","LU0509642566.USD":"SCHRODER ISF GLOBAL EMERGING MARKET OPPORTUNITIES \"A\" (USD) INC AV","LU0405327494.USD":"ALLSPRING CHINA A FOCUS \"I\" (USD) ACC","LU0516422952.EUR":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (EUR) ACC","LU2097828474.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC A","LU0048580855.USD":"富达大中华区A","BK0077":"质押式回购","LU0269904917.USD":"SCHRODER ISF GLOBAL EMERGING MARKET OPPORTUNITIES \"A\" (USD) ACC","LU0501845795.SGD":"瑞银大中华区股票基金P Acc SGD","03750":"宁德时代","SG9999003461.SGD":"United Asia Pacific Infrastructure SGD","LU2242644610.SGD":"Fidelity China Innovation A-ACC-SGD","LU0067412154.USD":"UBS (LUX) EQUITY FUND -  CHINA OPPORTUNITY \"P\" (USD) ACC","LU0072462343.USD":"贝莱德亚洲巨龙基金","LU0302445910.USD":"SCHRODER ISF GLOBAL CLIMATE CHANGE EQUITY \"A\" ACC","IE00B29SXG58.USD":"FSSA CHINA FOCUS \"I\" (USD) ACC","LU1188198961.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) INC QV","LU0449515922.USD":"HSBC GIF GLOBAL EMERGING MARKETS EQUITY \"PC\" (USD)ACC","IE00B8HQ1Z84.USD":"BNY MELLON GLOBAL EMERGING MARKETS OPPORTUNITIES \"A\" (USD) ACC","LU0359201612.USD":"贝莱德中国基金A2","BK0076":"特斯拉","LU1580142542.USD":"Blackrock Systematic China A-Share Opportunities A2 USD","LU0605514214.HKD":"FIDELITY CHINA CONSUMER \"A\" (HKD) ACC","LU1720050803.USD":"安联全方位中国股票基金","LU0348805143.USD":"ALLIANZ ENHANCED ALL CHINA EQUITY \"A\" (USD) INC","LU2153592121.USD":"Aberdeen Standard SICAV I - Emerging Markets Sustainable Development Equity A Acc USD","LU0456827905.SGD":"JPMorgan Funds - China A (acc) SGD","LU0181495838.USD":"施罗德新兴亚洲A Acc","LU0214875030.USD":"HSBC GIF BRIC EQUITY \"M2C\" (USD) ACC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU2357125470.USD":"BNP PARIBAS ENERGY TRANSITION \"CLASSIC RH\" (USDHDG) ACC","LU2153591404.USD":"Aberdeen Standard SICAV I - Asian Sustainable Development Equity A Acc USD","LU0231483743.USD":"abrdn SICAV I - ALL CHINA SUSTAINABLE EQUITY \"A\" (USD) ACC","LU1719994722.HKD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (HKD) ACC","LU1770034418.SGD":"ALL CHINA EQUITY \"A\" (SGDHDG) ACC","LU2294711713.HKD":"BNP PARIBAS ENERGY TRANSITION \"C\" (HKD) ACC","LU2348774022.SGD":"Aberdeen Standard SICAV I - Emerging Markets Sustainable Development Equity A Acc SGD-H","EVS.SI":"MSCI China Electric Vehicles and Future Mobility ETF-NikkoAM","LU2039709279.SGD":"MANULIFE GF DRAGON GROWTH \"AA\" (SGDHDG) INC","LU1769817096.USD":"UBS (LUX) EQUITY SICAV - GLOBAL EMERG MARKETS OPPO \"P\" (USD) INC","LU0128522744.USD":"TEMPLETON EMERGING MARKETS \"A\" ACC","LU0132412106.USD":"abrdn SICAV I - EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU1978683503.SGD":"Blackrock Sustainable Energy A2 SGD-H","LU2294711473.HKD":"BNP PARIBAS CHINA EQUITY \"C\" (HKD) ACC","LU2298064838.USD":"NINETY ONE GSF GLOBAL ENVIRONMENT \"A\" (USD) INC","BK0224":"电气机械","LU1769817179.HKD":"UBS (LUX) EQUITY SICAV - GLOBAL EMERG MARKETS OPPO \"P\" (HKD) INC","LU0463099449.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) ACC","LU0359201885.HKD":"BGF CHINA \"A2\" (HKD) ACC","SG9999001846.SGD":"Schroder Asian Equity Yield A Dis SGD","LU0607220059.USD":"SCHRODER ISF HONG KONG EQUITY \"A\" (USD) ACC","002326":"永太科技","LU0543330566.HKD":"TEMPLETON BRIC \"A\" (HKD) ACC"},"translate_title":"Ningde Times Adjustment of \"Friends Circle\": 770,000 tons of electrolyte orders lock the quantity without locking the price, and the test of suppliers comes","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"300037":1.85,"300750":1.96,"EVS.SI":0.6,"002709":1.89,"002326":1.87,"03750":1.96},"content_text":"宁德时代（300750.SZ）与天赐材料（002709.SZ）正在双向解绑。　　近日，新宙邦（300037.SZ）与永太科技（002326.SZ）先后披露与宁德时代（300750.SZ）签署的3年电解液合作协议，对应总采购规模分别为30万吨和47万吨，合计约77万吨。而宁德时代的长期合作伙伴天赐材料并未出现在这一波长协订单潮中，天赐材料于6月初披露了与楚能新能源的长期供货协议，订单规模达到百万吨级别。“核心逻辑还是宁德时代不想过度依赖单一供应商，分散供应，价格更安全。”6月11日，鑫椤资讯高级研究员张金惠告诉《华夏时报》记者。　　头部客户长单意味着稳定订单来源，但供应商能否将订单转化为利润，仍取决于一体化布局等成本相关因素。上述协议中，永太科技被要求提供有竞争力的价格，永太科技方面告诉记者，“目前电解液实际产能为15万吨，同时也可以自供原材料。双方不是第一次合作，公司也是根据宁德时代配方生产电解液，质量方面问题不大，至于价格则要看后续具体订单。”　　双向去依赖　　从公告内容来看，新宙邦与永太科技的协议期均覆盖2026年至2028年，其中新宙邦各年预计供货量分别为5万吨、10万吨和15万吨。永太科技获得的采购规模更大，对应为7万吨、15万吨和25万吨，并且都设置了一定的年波动区间。　　不过，两家公司均提示，具体采购量将根据宁德时代业务需求变化确定，以实际订单为准。永太科技的协议还提到了特别的前提条件：“产品质量稳定且原材料价格相较于宁德时代供应商体系内其他企业具备竞争力。”　　对于宁德时代来说，这两家并不是新供应商，但此等规模的长协订单并不多见。万得数据显示，根据瑞银证券去年11月研报，宁德时代此前在新宙邦电池化学品业务中的收入占比约为25%至30%。永太科技则长期向宁德时代供应六氟磷酸锂等电解液原材料，并且在此前的订单中开始逐步了解宁德时代的电解液配方。随着近年来永太科技的电解液产能释放，本次合作意味着双方合作范围进一步扩大。　　近年来，电解液及六氟磷酸锂等核心原料的价格波动极大，其供应链稳定性与价格直接影响到下游电池业务。这并非宁德时代首次通过长期协议锁定上下游资源。上下游同步锁量是头部企业对未来需求增长的提前布局。东吴证券研报预计，宁德时代2026年电池出货量有望达到900GWh至1000GWh，同比增长40%以上，其2025年电池出货量已达到661GWh，同比增长39%。　　张金惠向记者表示，77万吨电解液对应约730GWh电芯需求规模，宁德时代拓展多元化供应的核心逻辑是降低天赐材料的供应占比，避免过度依赖单一供应商，尤其是在价格方面。同时，协议条款普遍设置价格竞争力、动态调整机制及年度波动区间，意味着实际采购将高度依赖订单执行情况与市场变化。　　与宁德时代调整供应商同步发生的是天赐材料客户结构的变化。结束与宁德时代的上一轮合作后，手握大量产能的天赐材料并未披露新的客户，但也在扩大订单上有所努力。今年6月初，天赐材料表示，其与楚能新能源签署的长协订单量已从不少于55万吨调整为不少于101万吨，该协议结束时间为2030年12月31日。　　从结果来看，天赐材料与宁德时代都在远离高度绑定的关系。毕竟在过去几年，天赐材料一直被视为宁德时代最核心的电解液供应商。根据《广州天赐高新材料股份有限公司相关债券2025年跟踪评级报告》和招股书，2024年天赐材料来自宁德时代的销售收入占比仍接近40%。截至2025年，宁德时代仍为天赐材料第一大客户，采购金额达60.11亿元，占销售收入比例约36.1%。　　就签订多份长协订单相关问题，宁德时代方面6月10日告诉《华夏时报》记者，“目前没有可以回复的内容。”　　是机会更是考验　　对于电解液企业而言，长协带来的并不只是订单增量。　　电解液价格和利润都与锂盐等原材料价格密切相关。电解液成本结构中，六氟磷酸锂通常占成本一半以上，添加剂和溶剂则占据另外重要部分。2025年四季度以来，随着锂电产业链景气度回升，六氟磷酸锂价格快速上涨。中信建投研报显示，六氟磷酸锂价格一度从6万元/吨上涨至18万元/吨，VC这一添加剂的价格涨幅也超过200%。　　但原材料涨价并不意味着电解液企业同步受益。华泰证券在分析新宙邦业绩时指出，由于电解液价格向下游传导存在一定滞后性，当六氟磷酸锂价格快速上涨时，企业盈利反而可能阶段性承压。　　万得数据显示，2023年至2025年，我国电解液上市公司的产品平均毛利率是19.3%、12.79%和15.84%，整体下降3.46个百分点；天赐材料的产品毛利率分别为25.26%、17.45%、21.27%，整体下降3.99个百分点；新宙邦的产品毛利率分别为16.11%、12.26%、10.93%，整体下降5.18个百分点。作为头部电解液企业，天赐材料和新宙邦的整体毛利率仍高于行业平均水平，但在产品收入整体保持增长的背景下，毛利率增速并未同步得到保障。　　而利润端的分化也在显现，未来电解液企业比拼的已不再是单纯产能，也包括一体化能力。以六氟磷酸锂为例，其成本约占电解液的50%以上。一体化程度较高的企业可通过六氟磷酸锂等环节建立较强的成本优势，在行业价格波动过程中保持相对稳定的盈利水平。相比之下，一体化程度较低、原材料依赖外采的企业则更容易受到冲击。如电解液原材料自供比例较高的天赐材料可将产品毛利率稳定在20%以上。　　永太科技方面向记者表示，“目前公司电解液实际产能约15万吨，同时拥有六氟磷酸锂、电解液添加剂等产能，可实现部分原材料自供。至于是否还需要外购原材料、未来产能利用率和订单价格则需根据后续订单情况确定。”　　此次宁德时代与永太科技签署的协议中明确提及，供应商需要保持相较于同行的价格竞争力。这反映出头部电池企业仍然重视供应链成本，在这一机制下，供应商利润空间不仅取决于订单规模，更取决于成本控制能力。行业整体产能依然充裕，在各家分食蛋糕的背景下，订单锁定规模，能力决定收益。（文章来源：华夏时报网）","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}