江苏天奈科技股份有限公司

Industry Overview - The implementation of China's "dual carbon" strategy has led to the introduction of various policies related to energy storage, creating significant development opportunities for the energy storage lithium battery industry [1][2] - The State Council's "Action Plan for Carbon Peaking Before 2030" sets a target for new energy storage installations to exceed 30 million kilowatts by 2025, transitioning from initial commercialization to large-scale development [1][2] - By 2030, the goal is to achieve comprehensive market-oriented development of new energy storage [1] Market Growth Projections - According to GGII, China's energy storage battery shipments are expected to reach 340 GWh in 2024, representing a 65% year-on-year increase, driven by factors such as increased renewable energy installations and improved cost-effectiveness of lithium batteries [1] - By 2030, the shipment volume of China's energy storage lithium batteries is projected to reach 1,150 GWh, indicating a substantial market potential beyond just power batteries [1][2] Technological Advancements - The demand for carbon nanotube conductive agents is increasing due to the rising performance requirements for batteries in the electric vehicle sector, which necessitates enhancements in energy density and charging speed [3][4] - New battery technologies are further driving the demand for carbon nanotube conductive agents, particularly as the industry shifts towards silicon-based anodes, which offer significantly higher theoretical capacity compared to traditional graphite [4][5] Future Demand and Applications - GGII forecasts that by 2030, the shipment of carbon nanotube conductive agent powder will reach 41,000 tons, with a corresponding market size of 680,000 tons, reflecting a compound annual growth rate of 26.7% from 2024 to 2030 [5] - The growth in demand for carbon nanotubes is attributed to advancements in fast-charging technologies and the increasing application of new battery systems, including solid-state and sodium-ion batteries [5][6] Company Financial Performance - The company reported a revenue of 1,448.16 million yuan for the reporting period, a 3.13% increase year-on-year, while the net profit attributable to shareholders decreased by 15.80% to 250.20 million yuan [8]