固态电池回调，机会出现了

Core Viewpoint - The solid-state battery sector is experiencing a pullback after a strong market rally, presenting an opportunity for investors to enter the market as the technology is in a critical breakthrough phase [1][4]. Group 1: Market Dynamics - The solid-state battery technology is in an explosive growth phase, with multiple breakthroughs leading to increased market activity and stock price volatility [1][4]. - The Battery ETF (SH561910), which focuses on the entire battery supply chain with approximately 40% exposure to solid-state batteries, has rebounded over 7% in the past six trading days, attracting over 70 million yuan in investments [1][5]. Group 2: Valuation Insights - As of June 30, the PE ratio of the CS Battery Index tracked by the ETF is 24.89, indicating it is cheaper than 85% of the time over the past decade, suggesting a potential industry turning point [3]. - The anticipated growth in the solid-state battery market is significant, with projections indicating that China's market value could exceed 100 billion yuan by 2030, and the global market could reach 120 billion USD, with a compound annual growth rate of 45% [4]. Group 3: Technological Advancements - Key advancements in solid-state battery technology include: 1. Guoxuan High-Tech's first fully solid-state experimental line achieving 0.2 GWh capacity with 100% domestic equipment [4]. 2. BMW's announcement of road testing for solid-state battery vehicles, marking a significant milestone in commercial application [4]. 3. Developments from Beijing Pure Lithium and QuantumScape in the U.S. showcasing product plans and process breakthroughs [4]. Group 4: Investment Strategy - The solid-state battery sector is expected to drive upgrades across the entire supply chain, from materials to battery design, making it a compelling area for investment [4][6]. - The ETF structure allows investors to capture thematic opportunities in solid-state batteries while also benefiting from the recovery in lithium battery industry profitability [6].