[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-JP2023091113362649840":3,"related-JP2023091113362649840":31},{"pageSize":4,"id":5,"productLine":6,"status":7,"articleCode":8,"articleType":9,"showStyle":7,"mediaType":10,"fileInputUrl":11,"articleTitle":12,"coverImage":13,"listImage":14,"introduction":15,"description":16,"nonVipDescription":11,"postTime":17,"viewTime":18,"sortNumber":19,"isFree":20,"isShowList":7,"isRecommend":20,"linkType":7,"isOriginal":6,"hasMiniUrl":20,"miniUrl":11,"miniScheme":11,"miniImage":11,"itemTag":11,"createBy":21,"updateBy":21,"createTime":22,"visitCount":23,"isLiked":20,"realSearch":24,"isRead":20,"productId":25,"isCollected":20,"collectCount":20,"vipExclusive":20,"allowComment":7,"style":26,"likeCount":10,"filePath":11,"duration":20,"playStyle":7,"seoKeywords":11,"articleModuleVoList":27,"extendContentList":28,"noteCount":20,"categoryList":29,"dailyKeywordList":30},10,5781,"1",1,"JP2023091113362649840","1041018",3,"","1个「风向标」，告诉你新能源跌到底了吗？","https:\u002F\u002Fimage.jane7.com\u002F3375725c-d389-414b-8026-187a459f2892.png","https:\u002F\u002Fjane7-prod.oss-cn-hangzhou.aliyuncs.com\u002Fmanager\u002Farticle_default_img.png","聊聊新能源","\u003Csection>\n \u003Csection>\n  \u003Csection>\n   \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; visibility: visible; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">晚上好，我是简七编辑部的犀利君~\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Csection>\n    \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px; visibility: visible;\">\u003Cbr>\u003C\u002Fp>\n   \u003C\u002Fsection>\n   \u003Csection>\n    \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; color: #1F2329; font-size: 16px; visibility: visible; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">今年投资新能源的朋友可谓是「冰火两重天」——\u003C\u002Fspan>\u003C\u002Fp>\n   \u003C\u002Fsection>\n   \u003Csection>\n    \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; color: rgb(31, 35, 41); font-size: 16px; visibility: visible;\">\u003Cbr>\u003C\u002Fp>\n   \u003C\u002Fsection>\n   \u003Csection>\n    \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; color: #1F2329; font-size: 16px; visibility: visible; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">如果你买的是美股特斯拉，从年初到现在，股价差不多都翻倍了；\u003C\u002Fspan>\u003C\u002Fp>\n   \u003C\u002Fsection>\n   \u003Csection>\n    \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; color: rgb(31, 35, 41); font-size: 16px; visibility: visible;\">\u003Cbr>\u003C\u002Fp>\n   \u003C\u002Fsection>\n   \u003Csection>\n    \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; color: #1F2329; visibility: visible; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">但如果买的是国内新能源基金，年初至今跌幅基本在15-20%左右。\u003C\u002Fspan>\u003C\u002Fp>\n   \u003C\u002Fsection>\n   \u003Csection>\n    \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px; color: rgb(31, 35, 41);\">\u003Cbr>\u003C\u002Fp>\n   \u003C\u002Fsection>\n   \u003Csection>\n    \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; color: #1F2329; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">其实，今年新能源汽车整体的销量还不错。\u003C\u002Fspan>\u003C\u002Fp>\n   \u003C\u002Fsection>\n   \u003Csection>\n    \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; color: rgb(31, 35, 41); font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n   \u003C\u002Fsection>\n   \u003Csection>\n    \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"letter-spacing:1px;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; color: #1F2329; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">前7个月，国内排名前十的新能源车企，销量同比增幅大都在两位数左右\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; color: #8F959E; font-size: 14px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">（其中比亚迪汽车的增速在74.8%，特斯拉中国的增速在58%）。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n   \u003C\u002Fsection>\n   \u003Cp style=\"text-align:justify;margin: 0px 16px; padding: 0px; outline: 0px; max-width: 100%; clear: both; min-height: 1em; color: rgba(0, 0, 0, 0.9); font-size: 17px; letter-spacing: 0.544px; text-wrap: wrap; background-color: rgb(255, 255, 255); line-height: 2em; box-sizing: border-box !important; overflow-wrap: break-word !important;font-family: system-ui, -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;\">\u003Cimg class=\"rich_pages wxw-img\" src=\"https:\u002F\u002Fimage.jane7.com\u002Fb23f8a98-ea98-4058-ae5d-ff7ce4acc92a.jpg\" alt=\"图片\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; color: #8F959E; font-size: 14px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">（图源：全国乘联会，2023年7月）\u003C\u002Fspan>\u003C\u002Fp>\n   \u003Cp style=\"text-align:justify;margin: 0px 16px; padding: 0px; outline: 0px; max-width: 100%; clear: both; min-height: 1em; color: rgba(0, 0, 0, 0.9); font-size: 17px; letter-spacing: 0.544px; text-wrap: wrap; background-color: rgb(255, 255, 255); line-height: 2em; box-sizing: border-box !important; overflow-wrap: break-word !important;font-family: system-ui, -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; color: #1F2329; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">明明新能源汽车卖得挺好，为啥行业还会一直跌跌不休呢？\u003C\u002Fspan>\u003C\u002Fp>\n   \u003Cp style=\"text-align:justify;margin: 0px 16px; padding: 0px; outline: 0px; max-width: 100%; clear: both; min-height: 1em; color: rgba(0, 0, 0, 0.9); font-size: 17px; letter-spacing: 0.544px; text-wrap: wrap; background-color: rgb(255, 255, 255); line-height: 2em; box-sizing: border-box !important; overflow-wrap: break-word !important;font-family: system-ui, -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;\">\u003Cbr>\u003C\u002Fp>\n   \u003Cp style=\"text-align:justify;margin: 0px 16px; padding: 0px; outline: 0px; max-width: 100%; clear: both; min-height: 1em; color: rgba(0, 0, 0, 0.9); font-size: 17px; letter-spacing: 0.544px; text-wrap: wrap; background-color: rgb(255, 255, 255); line-height: 2em; box-sizing: border-box !important; overflow-wrap: break-word !important;font-family: system-ui, -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">其实，\u003Cstrong style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">这主要是锂价的锅。\u003C\u002Fstrong>\u003C\u002Fspan>\u003C\u002Fp>\n   \u003Cp style=\"text-align:justify;margin: 0px 16px; padding: 0px; outline: 0px; max-width: 100%; clear: both; min-height: 1em; color: rgba(0, 0, 0, 0.9); font-size: 17px; letter-spacing: 0.544px; text-wrap: wrap; background-color: rgb(255, 255, 255); line-height: 2em; box-sizing: border-box !important; overflow-wrap: break-word !important;font-family: system-ui, -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;\">\u003Cbr>\u003C\u002Fp>\n   \u003Cp style=\"text-align:justify;margin: 0px 16px; padding: 0px; outline: 0px; max-width: 100%; clear: both; min-height: 1em; color: rgba(0, 0, 0, 0.9); font-size: 17px; letter-spacing: 0.544px; text-wrap: wrap; background-color: rgb(255, 255, 255); line-height: 2em; box-sizing: border-box !important; overflow-wrap: break-word !important;font-family: system-ui, -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">作为动力电池的重要原材料，很多时候，新能源的涨跌都离不开锂价的变化。\u003C\u002Fspan>\u003C\u002Fp>\n   \u003Cp style=\"text-align:justify;margin: 0px 16px; padding: 0px; outline: 0px; max-width: 100%; clear: both; min-height: 1em; color: rgba(0, 0, 0, 0.9); font-size: 17px; letter-spacing: 0.544px; text-wrap: wrap; background-color: rgb(255, 255, 255); line-height: 2em; box-sizing: border-box !important; overflow-wrap: break-word !important;font-family: system-ui, -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;\">\u003Cbr>\u003C\u002Fp>\n   \u003Cp style=\"text-align:justify;margin: 0px 16px; padding: 0px; outline: 0px; max-width: 100%; clear: both; min-height: 1em; color: rgba(0, 0, 0, 0.9); font-size: 17px; letter-spacing: 0.544px; text-wrap: wrap; background-color: rgb(255, 255, 255); line-height: 2em; box-sizing: border-box !important; overflow-wrap: break-word !important;font-family: system-ui, -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">所以，以后我们可以根据锂价走势，来判断新能源会不会涨。\u003C\u002Fspan>\u003C\u002Fp>\n   \u003Cp style=\"text-align:justify;margin: 0px 16px; padding: 0px; outline: 0px; max-width: 100%; clear: both; min-height: 1em; color: rgba(0, 0, 0, 0.9); font-size: 17px; letter-spacing: 0.544px; text-wrap: wrap; background-color: rgb(255, 255, 255); line-height: 2em; box-sizing: border-box !important; overflow-wrap: break-word !important;font-family: system-ui, -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;\">\u003Cbr>\u003C\u002Fp>\n   \u003Cp style=\"text-align:justify;margin: 0px 16px; padding: 0px; outline: 0px; max-width: 100%; clear: both; min-height: 1em; color: rgba(0, 0, 0, 0.9); font-size: 17px; letter-spacing: 0.544px; text-wrap: wrap; background-color: rgb(255, 255, 255); line-height: 2em; box-sizing: border-box !important; overflow-wrap: break-word !important;font-family: system-ui, -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">今天就来详细聊聊。\u003C\u002Fspan>\u003C\u002Fp>\n   \u003Cp style=\"text-align:justify;margin: 0px 16px; padding: 0px; outline: 0px; max-width: 100%; clear: both; min-height: 1em; color: rgba(0, 0, 0, 0.9); font-size: 17px; letter-spacing: 0.544px; text-wrap: wrap; background-color: rgb(255, 255, 255); line-height: 2em; box-sizing: border-box !important; overflow-wrap: break-word !important;font-family: system-ui, -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;\">\u003Cbr>\u003C\u002Fp>\n   \u003Cp style=\"text-align:justify;margin: 0px 16px; padding: 0px; outline: 0px; max-width: 100%; clear: both; min-height: 1em; color: rgba(0, 0, 0, 0.9); font-size: 17px; letter-spacing: 0.544px; text-wrap: wrap; background-color: rgb(255, 255, 255); line-height: 2em; box-sizing: border-box !important; overflow-wrap: break-word !important;font-family: system-ui, -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 14px; color: #FF6827; background-color: #FFFED5; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">风险提示：本文所提及的个股\u002F基金，仅为示例参考，不作任何投资推荐。投资有风险，决策需谨慎。据此买卖，请自担风险。\u003C\u002Fspan>\u003C\u002Fp>\n   \u003Csection>\n    \u003Csection>\n     \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; color: #222222; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;font-family: Optima-Regular, PingFangTC-light;\">\u003Cimg class=\"rich_pages wxw-img\" src=\"https:\u002F\u002Fimage.jane7.com\u002F0459a7b0-b21f-4682-b345-547637410cc6.jpg\" alt=\"图片\">\u003C\u002Fspan>\u003C\u002Fp>\n    \u003C\u002Fsection>\n    \u003Ch3 style=\"margin: 0px 16px; padding: 0px; outline: 0px; font-weight: 400; font-size: 17px; max-width: 100%; color: rgba(0, 0, 0, 0.9); letter-spacing: 0.544px; text-wrap: wrap; clear: both; min-height: 1em; text-align: center; background-color: rgb(255, 255, 255); line-height: 2em; box-sizing: border-box !important; overflow-wrap: break-word !important;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">\u003Cstrong style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px; margin: 0px; padding: 0px; outline: 0px; max-width: 100%; caret-color: #333333; color: #D6A841; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;font-family: Optima-Regular, PingFangTC-light;\">01 \u003C\u002Fspan>\u003C\u002Fstrong>\u003Cstrong style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; text-indent: 0em; font-size: var(--articleFontsize); letter-spacing: 0.034em;font-family: mp-quote, -apple-system-font, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;\">\u003C\u002Fstrong>\u003C\u002Fspan>\u003C\u002Fh3>\n    \u003Csection>\n     \u003Csection>\n      \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">我们常说的锂价，并不是刚开采出来的，而是经过加工的\u003Cstrong style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">电池级碳酸锂价格\u003C\u002Fstrong>，它是\u003Cstrong style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">上游行业的「风向标」\u003C\u002Fstrong>——\u003C\u002Fspan>\u003C\u002Fp>\n     \u003C\u002Fsection>\n     \u003Csection>\n      \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cimg class=\"rich_pages wxw-img\" src=\"https:\u002F\u002Fimage.jane7.com\u002F8a475288-4b23-455f-9e83-4b5ab170cbfa.jpg\" alt=\"图片\">\u003Cbr>\u003C\u002Fp>\n     \u003C\u002Fsection>\n     \u003Csection>\n      \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">如果碳酸锂价格上升，上游企业的利润增加，股价会同步大涨；\u003C\u002Fspan>\u003C\u002Fp>\n     \u003C\u002Fsection>\n     \u003Csection>\n      \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n     \u003C\u002Fsection>\n     \u003Csection>\n      \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">反之，碳酸锂价格下降，上游企业的利润减少，股价也大幅下跌。\u003C\u002Fspan>\u003C\u002Fp>\n     \u003C\u002Fsection>\n     \u003Csection>\n      \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n     \u003C\u002Fsection>\n     \u003Csection>\n      \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">梳理2008年至今的历史，碳酸锂价格走势经历了2轮大周期，每次都是由新能源汽车爆发引起的。\u003C\u002Fspan>\u003C\u002Fp>\n     \u003C\u002Fsection>\n     \u003Csection>\n      \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cimg class=\"rich_pages wxw-img\" src=\"https:\u002F\u002Fimage.jane7.com\u002F61e394af-e717-4aa8-b405-cc4444ace286.jpg\" alt=\"图片\">\u003C\u002Fp>\n     \u003C\u002Fsection>\n     \u003Csection>\n      \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">第一轮周期是2015-2019年左右，碳酸锂价格从5万元\u002F吨左右上涨到最高接近20万元\u002F吨。\u003Cbr>\u003C\u002Fspan>\u003C\u002Fp>\n     \u003C\u002Fsection>\n     \u003Csection>\n      \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n     \u003C\u002Fsection>\n     \u003Csection>\n      \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">由于当时下游的新能源汽车需求爆发，供给短期跟不上，导致锂价大涨。\u003C\u002Fspan>\u003C\u002Fp>\n     \u003C\u002Fsection>\n     \u003Csection>\n      \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n     \u003C\u002Fsection>\n     \u003Csection>\n      \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">估计参与过那轮周期的投资者寥寥无几，毕竟当时新能源车渗透率还比较低，街上看到的电动车也没现在多。\u003C\u002Fspan>\u003C\u002Fp>\n     \u003C\u002Fsection>\n     \u003Csection>\n      \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n     \u003C\u002Fsection>\n     \u003Csection>\n      \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"letter-spacing:1px;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">现在投资新能源行业的人，进入的是第二轮周期\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 14px; color: #888888; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">（2020年-至今）\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n     \u003C\u002Fsection>\n     \u003Csection>\n      \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n     \u003C\u002Fsection>\n     \u003Csection>\n      \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"letter-spacing:1px;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">第二轮周期开始于2020年下半年，当时特斯拉爆款车型MODEL 3横空出世，推动了新一轮电动汽车需求上行。而疫情导致产能停滞，供给再次短缺，碳酸锂价格从最低4万元\u002F吨持续攀升，最高触及到60万\u002F吨\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 14px; color: #888888; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">（2022年下半年）\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n     \u003C\u002Fsection>\n     \u003Csection>\n      \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n     \u003C\u002Fsection>\n     \u003Csection>\n      \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">但从2022年底开始，碳酸锂价格大幅跳水，从最高点迅速跌破20万元\u002F吨，不到半年就跌掉70%左右。\u003C\u002Fspan>\u003C\u002Fp>\n     \u003C\u002Fsection>\n     \u003Csection>\n      \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cimg class=\"rich_pages wxw-img\" src=\"https:\u002F\u002Fimage.jane7.com\u002F43b99de3-a304-4bef-b6ae-9ceafb26d479.jpg\" alt=\"图片\">\u003C\u002Fp>\n     \u003C\u002Fsection>\n     \u003Csection>\n      \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">目前锂价虽然稍微从底部反弹了一些，但仍处于下行周期。\u003C\u002Fspan>\u003C\u002Fp>\n     \u003C\u002Fsection>\n     \u003Csection>\n      \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cimg class=\"rich_pages wxw-img\" src=\"https:\u002F\u002Fimage.jane7.com\u002F126cf4db-e893-4fd1-92dd-ea444efbdaf1.jpg\" alt=\"图片\">\u003C\u002Fp>\n     \u003C\u002Fsection>\n     \u003Ch3 style=\"margin: 0px 16px; padding: 0px; outline: 0px; font-weight: 400; font-size: 17px; max-width: 100%; color: rgba(0, 0, 0, 0.9); letter-spacing: 0.544px; text-wrap: wrap; clear: both; min-height: 1em; text-align: center; background-color: rgb(255, 255, 255); line-height: 2em; box-sizing: border-box !important; overflow-wrap: break-word !important;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">\u003Cstrong style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px; margin: 0px; padding: 0px; outline: 0px; max-width: 100%; caret-color: #333333; color: #D6A841; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;font-family: Optima-Regular, PingFangTC-light;\">02\u003C\u002Fspan>\u003C\u002Fstrong>\u003C\u002Fspan>\u003C\u002Fh3>\n     \u003Ch3 style=\"margin: 0px 16px; padding: 0px; outline: 0px; font-weight: 400; font-size: 16px; max-width: 100%; color: rgba(0, 0, 0, 0.9); letter-spacing: 0.544px; text-align: justify; text-wrap: wrap; background-color: rgb(255, 255, 255); line-height: 2em; box-sizing: border-box !important; overflow-wrap: break-word !important;;line-height:2em;font-family: system-ui, -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">\u003C\u002Fspan>\u003C\u002Fh3>\n     \u003Csection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">而我们投资的新能源基金，布局主要集中在上游和中游，所以才和锂价一样跌跌不休。\u003C\u002Fspan>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"letter-spacing:1px;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">比如中证新能源指数\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 14px; color: #888888; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">（930771）\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">，前十大重仓股以中上游企业为主，并没有新能源车企的身影。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cimg class=\"rich_pages wxw-img\" src=\"https:\u002F\u002Fimage.jane7.com\u002F620ea091-28f9-4012-a862-7809ed5258a0.jpg\" alt=\"图片\">\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"letter-spacing:1px;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">再看中证新能源汽车指数\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 14px; color: #888888; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">（399976）\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">，虽然前十大重仓股中有比亚迪，宁德时代等中下游企业，但总体也是中上游偏多。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cimg class=\"rich_pages wxw-img\" src=\"https:\u002F\u002Fimage.jane7.com\u002F92aa1d27-0871-4a34-ad46-d43c7c649d6a.jpg\" alt=\"图片\">\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"letter-spacing:1px;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">而且，虽然中下游跌的不多\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 14px; color: #888888; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">（比亚迪年初至今股价跌了8%左右）\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">，甚至还小涨了一些\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 14px; color: #888888; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">（宁德时代表现尚可今年涨了约7%）\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">，但无奈上游原材料企业过于拉胯，大多数的跌幅在20%以上\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 14px; color: #888888; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">（如天齐锂业-22%，赣锋锂业-28%）\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">相比前两年的风风光光，今年的新能源上游企业可谓是惨淡经营。\u003C\u002Fspan>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"letter-spacing:1px;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">根据今年一季报财报的数据，国内大部分锂矿企业的净利润同比下滑在两位数左右\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 14px; color: #888888; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">（赣锋锂业-32%、雅化集团-42%，盛新锂能-57%）\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">所以，\u003Cstrong style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">归根到底，是锂价大幅下行，带动锂矿股价集体下跌，拖累了整个行业的表现。\u003C\u002Fstrong>\u003C\u002Fspan>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">那锂价为何大跌呢？\u003C\u002Fspan>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"letter-spacing:1px;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; color: #D6A841; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">\u003Cstrong style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">1、阶段性供大于求\u003C\u002Fspan>\u003C\u002Fstrong>\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">一方面，之前被疫情耽搁的产能逐步释放，再加上近两年投资新建产能增加，\u003Cstrong style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">供给出现大幅上升\u003C\u002Fstrong>；\u003C\u002Fspan>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">另一方面，\u003Cstrong style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">需求增速有所回落\u003C\u002Fstrong>。比如下游新能源汽车的月度销量，从过去150%以上超高增速，逐渐下滑到现在40%左右：\u003C\u002Fspan>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cimg class=\"rich_pages wxw-img\" src=\"https:\u002F\u002Fimage.jane7.com\u002Fda28856a-37dd-474c-af37-05f2d076522b.jpg\" alt=\"图片\">\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">新能源汽车销量增速放缓，影响传导到上游，造成锂阶段性供大于求，锂价自然就跌了。\u003C\u002Fspan>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"letter-spacing:1px;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; color: #D6A841; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">\u003Cstrong style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">2、进入了「去库存」周期\u003C\u002Fspan>\u003C\u002Fstrong>\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">企业在生产经营过程中，会把待出售产品堆在仓库形成「存货」。\u003C\u002Fspan>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">当产品价格上涨时，企业会倾向于增加存货，进入「补库存」周期；\u003C\u002Fspan>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">当产品价格下跌时，企业为了回笼资金，会不惜一切代价甩卖存货，此时会进入「去库存」周期。\u003C\u002Fspan>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"letter-spacing:1px;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 14px; color: #888888; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">*库存周期拓展阅读：\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; color: #0052FF; font-size: 14px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">《\u003C\u002Fspan>\u003C\u002Fspan>\u003Ca href=\"https:\u002F\u002Fmp.weixin.qq.com\u002Fs?__biz=MjM5MzA3MjI2NQ==&mid=2650669012&idx=1&sn=f9e71755b4505d4df49859354e67455e&scene=21#wechat_redirect\" style=\"margin: 0px; padding: 0px; outline: 0px; text-decoration-line: none; -webkit-tap-highlight-color: rgba(0, 0, 0, 0); cursor: pointer; max-width: 100%; font-size: 14px; color: rgb(64, 158, 255); letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;;color:#409eff\">\u003Cspan style=\"letter-spacing:1px;\">看懂1个指标，避免一买就跌\u003C\u002Fspan>\u003C\u002Fa>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 14px; color: #0052FF; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">》\u003C\u002Fspan>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">部分锂盐厂商在价格上涨时，囤了很多货，想在价格更高的位置卖出，结果现在价格跌了，纷纷抛售库存，导致产品价格加速下跌。\u003C\u002Fspan>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">总之，\u003Cstrong style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">锂价下行周期叠加企业「去库存」周期，让跌幅变得非常惨烈。\u003C\u002Fstrong>\u003C\u002Fspan>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">投资新能源的朋友，这段时间应该深有体会了~\u003C\u002Fspan>\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Csection>\n       \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cimg class=\"rich_pages wxw-img\" src=\"https:\u002F\u002Fimage.jane7.com\u002F68af879b-3c50-4329-9489-ba7f71bc185f.jpg\" alt=\"图片\">\u003C\u002Fp>\n      \u003C\u002Fsection>\n      \u003Ch3 style=\"margin: 0px 16px; padding: 0px; outline: 0px; font-weight: 400; font-size: 17px; max-width: 100%; color: rgba(0, 0, 0, 0.9); letter-spacing: 0.544px; text-wrap: wrap; clear: both; min-height: 1em; text-align: center; background-color: rgb(255, 255, 255); line-height: 2em; box-sizing: border-box !important; overflow-wrap: break-word !important;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">\u003Cstrong style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px; margin: 0px; padding: 0px; outline: 0px; max-width: 100%; caret-color: #333333; color: #D6A841; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;font-family: Optima-Regular, PingFangTC-light;\">03\u003C\u002Fspan>\u003C\u002Fstrong>\u003C\u002Fspan>\u003C\u002Fh3>\n      \u003Csection>\n       \u003Csection>\n        \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">那么新能源行业未来的表现会好转吗？\u003C\u002Fspan>\u003C\u002Fp>\n       \u003C\u002Fsection>\n       \u003Csection>\n        \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n       \u003C\u002Fsection>\n       \u003Csection>\n        \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">还是以锂资源为例，\u003Cstrong style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">短期来看，行业供过于求的现状，还将维持一段时间，可能不会马上好转。\u003C\u002Fstrong>\u003C\u002Fspan>\u003C\u002Fp>\n       \u003C\u002Fsection>\n       \u003Csection>\n        \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n       \u003C\u002Fsection>\n       \u003Csection>\n        \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"letter-spacing:1px;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">回顾上一轮锂周期，碳酸锂价格从高点\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 14px; color: #888888; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">（2018年初）\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">跌到谷底\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 14px; color: #888888; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">（2020年中）\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">历时两年多，当时也是市场供大于求，逼得亏损的矿山退出倒闭，供给基本出清后，新增需求拉动价格上涨。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n       \u003C\u002Fsection>\n       \u003Csection>\n        \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n       \u003C\u002Fsection>\n       \u003Csection>\n        \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">同样地，这次供给过剩也会「历史重演」——\u003C\u002Fspan>\u003C\u002Fp>\n       \u003C\u002Fsection>\n       \u003Csection>\n        \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n       \u003C\u002Fsection>\n       \u003Csection>\n        \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">先是中小矿企大面积亏损，再陆续关停产能，直到行业供需恢复平衡，产品价格重新上涨，企业才能正常盈利。\u003C\u002Fspan>\u003C\u002Fp>\n       \u003C\u002Fsection>\n       \u003Csection>\n        \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n       \u003C\u002Fsection>\n       \u003Csection>\n        \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">这个时间可能会比较长，参考前面大概需要2年左右（具体要看供给退出的速度而定）。\u003C\u002Fspan>\u003C\u002Fp>\n       \u003C\u002Fsection>\n       \u003Csection>\n        \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n       \u003C\u002Fsection>\n       \u003Csection>\n        \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">而\u003Cstrong style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">长期来看，下游行业对于锂资源的需求，未来还是会持续增加的。\u003C\u002Fstrong>\u003C\u002Fspan>\u003C\u002Fp>\n       \u003C\u002Fsection>\n       \u003Csection>\n        \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n       \u003C\u002Fsection>\n       \u003Csection>\n        \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"letter-spacing:1px;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">下游除了新能源汽车的动力电池\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 14px; color: #888888; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">（需求占比约65%）\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">，其他还有储能电池\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 14px; color: #888888; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">（需求占比约17%）\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">，数码3C等消费电子品\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 14px; color: #888888; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">（需求占比约9%）\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">也需要用到锂。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n       \u003C\u002Fsection>\n       \u003Csection>\n        \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n       \u003C\u002Fsection>\n       \u003Csection>\n        \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">根据机构预测，2021-2025年锂资源供应端年复合增速保持在30%左右，需求端年复合增速接近36%左右。\u003C\u002Fspan>\u003C\u002Fp>\n       \u003C\u002Fsection>\n       \u003Csection>\n        \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cimg class=\"rich_pages wxw-img\" src=\"https:\u002F\u002Fimage.jane7.com\u002Fa6a7ad98-afcb-4259-b6ef-16ae471d6630.jpg\" alt=\"图片\">\u003C\u002Fp>\n       \u003C\u002Fsection>\n       \u003Csection>\n        \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">当然，不排除个别机构比较乐观，可能会高估一部分需求，但是总体上需求增速和供给增速应该差不多。\u003C\u002Fspan>\u003C\u002Fp>\n       \u003C\u002Fsection>\n       \u003Csection>\n        \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n       \u003C\u002Fsection>\n       \u003Csection>\n        \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"letter-spacing:1px;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">相对来说，供给增速好预测一些，因为各大矿企都有开采计划可以参考\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 14px; color: #888888; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">（也会受到现实情况影响有误差）\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 14px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n       \u003C\u002Fsection>\n       \u003Csection>\n        \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n       \u003C\u002Fsection>\n       \u003Csection>\n        \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">需求端的变化较难把握，咱们普通投资者还是抓重点，可以\u003Cstrong style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">多关注下新能源车近期的销量，如果每月还能保持两位数左右的增长，全年增速在30%以上\u003C\u002Fstrong>，就不用太过担心。\u003C\u002Fspan>\u003C\u002Fp>\n       \u003C\u002Fsection>\n       \u003Csection>\n        \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n       \u003C\u002Fsection>\n       \u003Csection>\n        \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">落实到具体投资上——\u003C\u002Fspan>\u003C\u002Fp>\n       \u003C\u002Fsection>\n       \u003Csection>\n        \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n       \u003C\u002Fsection>\n       \u003Csection>\n        \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"letter-spacing:1px;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">之前高位买入新能源行业的朋友，需要耐心熬过这段低谷期，有能力的话不妨查一下相关原材料价格\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 14px; color: #888888; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">（可查询相关行业研报了解到）\u003C\u002Fspan>\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">，看价格何时能见底。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n       \u003C\u002Fsection>\n       \u003Csection>\n        \u003Cp style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">\u003Cbr>\u003C\u002Fp>\n       \u003C\u002Fsection>\n       \u003Csection>\n        \u003Cp style=\"margin: 0px 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; outline: 0px; max-width: 100%; font-size: 16px; letter-spacing: 1px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">如果你看好行业长期发展，最近想慢慢抄底，也建议尽量拿出闲钱参与，做好两三年不动的打算。\u003C\u002Fspan>\u003C\u002Fp>\n       \u003C\u002Fsection>\n       \u003Cp>\u003Cbr>\u003C\u002Fp>\n      \u003C\u002Fsection>\n     \u003C\u002Fsection>\n    \u003C\u002Fsection>\n   \u003C\u002Fsection>\n  \u003C\u002Fsection>\n \u003C\u002Fsection>\n\u003C\u002Fsection>","2023-09-11 13:40:28","2023-08-24 17:00:00",100,0,"zhengjiurong@jane7.com","2023-09-11 13:36:26",9,false,15683,"1038002",[],[],[],[],[]]