诺德股份紧急澄清：固态电池铜箔业务收入占比不足1%，五连板行情存过热风险

基础金属	铜电解铜铜精矿铜管铜棒废铜铜排铜合金精铜杆再生铜杆铜板带铝铝土矿氧化铝电解铝铝辅料铝棒铝合金锭废铝铝杆铝型材铝板卷铅铅精矿铅锭铅蓄电池再生精铅还原铅废铅蓄电池铅合金锌锌精矿电解锌锌合金氧化锌锌粉锡锡精矿锡锭锡材镁
稀有金属	稀土稀土矿稀土氧化物稀土金属钕铁硼稀散金属锑铋铟锗镓硒钽锆贵金属白银钨钨精矿 APT(仲钨酸铵)钨粉碳化钨钨酸钠钨条钨铁钨材钼钼精矿工业氧化钼钼铁钼化工高纯三氧化钼钼金属钛钛精矿钛渣四氯化钛海绵钛钛金属钛白粉硒
新能源	锂锂矿锂化合物金属锂镍镍矿镍铁精炼镍镍盐高冰镍 MHP 钴电解钴钴粉氯化钴四氧化三钴硫酸钴钴中间品氧化钴碳酸钴钴酸锂锰锰矿电解锰电池级硫酸锰锂电正负极三元前驱体磷酸铁正极材料石油焦针状焦包覆沥青人造石墨硅碳负极硅氧负极硅

基础金属

铜电解铜铜精矿铜管铜棒废铜铜排铜合金精铜杆再生铜杆铜板带铝铝土矿氧化铝电解铝铝辅料铝棒铝合金锭废铝铝杆铝型材铝板卷铅铅精矿铅锭铅蓄电池再生精铅还原铅废铅蓄电池铅合金锌锌精矿电解锌锌合金氧化锌锌粉锡锡精矿锡锭锡材镁

稀有金属

稀土稀土矿稀土氧化物稀土金属钕铁硼 稀散金属锑铋铟锗镓硒钽锆 贵金属白银钨钨精矿 APT(仲钨酸铵)钨粉碳化钨钨酸钠钨条钨铁钨材钼钼精矿工业氧化钼钼铁钼化工高纯三氧化钼钼金属钛钛精矿钛渣四氯化钛海绵钛钛金属钛白粉硒

新能源

锂锂矿锂化合物金属锂镍镍矿镍铁精炼镍镍盐高冰镍 MHP 钴电解钴钴粉氯化钴四氧化三钴硫酸钴钴中间品氧化钴碳酸钴钴酸锂锰锰矿电解锰电池级硫酸锰 锂电正负极三元前驱体磷酸铁正极材料石油焦针状焦包覆沥青人造石墨硅碳负极硅氧负极硅

诺德股份紧急澄清：固态电池铜箔业务收入占比不足1%，五连板行情存过热风险

2025-06-24 09:42:56 来源：北方有色网责任编辑：韩泽楷

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铜箔龙头企业诺德股份（600110.SH）今日发布股票交易风险提示公告，针对近期被市场归类为“固态电池概念股”作出澄清：

公司铜箔业务应用于固态电池领域的收入占总营业收入不足1%，尚未形成规模效应，且市场竞争激烈，未来存在较大不确定性。

核心事实与市场动态

技术进展与商业化瓶颈
- 2025年，公司推出适配半固态/固态电池技术的双面镀镍铜箔，目前自主研发材料已向头部电池企业小批量送样测试。
- 尽管技术储备较早（2018年布局多孔铜箔，2024年推出耐高温/耐腐蚀铜箔），但实际收入贡献微乎其微，未达产业化规模。
股价异常波动
- 6月17日至23日，诺德股份股价连续五日涨停，累计涨幅达46.72%，远超同期电力设备行业指数（-1.32%）。
- 6月23日单日成交额达25.56亿元，主力资金净流出1.42亿元，市场交易过热迹象显著。
业绩压力与风险叠加
- 连续亏损：2024年净亏损3.52亿元，2025年一季度净亏损收窄至3767万元，但仍未扭亏。
- 立案调查悬而未决：2024年9月，公司及董事长等高管因涉嫌信息披露违规遭证监会立案，结论仍未公布。

行业与战略透视

产能与客户布局：诺德股份在青海湖北等地设有生产基地，客户覆盖宁德时代比亚迪LG新能源等头部厂商，2025年与中创新航签订4.5万吨铜箔保供协议。
技术转型方向：极薄铜箔（3-4.5微米）成为发力重点，已批量用于无人机等高端场景，并布局AI服务器人形机器人用高频高速铜箔。

机构观点与投资者警示

多家机构指出，固态电池产业化进程仍处早期，材料技术路线尚未统一，铜箔企业需长期投入。
公司重申：“当前股价涨幅脱离行业基本面，存在非理性炒作风险”。

背景提示：诺德股份主业为锂电铜箔，2024年该业务营收占比88.49%。全球铜供应趋紧背景下，其极薄铜箔技术虽具潜力，但固态电池领域短期难成业绩支柱。

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诺德股份紧急澄清：固态电池铜箔业务收入占比不足1%，五连板行情存过热风险

核心事实与市场动态

行业与战略透视

机构观点与投资者警示

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