EVE(SZ:300014) Mei Ri Jing Ji Xin Wen·2025-07-18 07:09Core Viewpoint - The article highlights the growth and strategic initiatives of EVE Energy Co., Ltd., a leading lithium battery manufacturer in China, emphasizing its global expansion, technological advancements, and commitment to high-value products in the lithium battery industry [2][11][12]. Company Overview - EVE Energy was founded in 2001 by Liu Jincheng in Huizhou, Guangdong, and has evolved from consumer batteries to power and energy storage batteries, becoming a globally competitive player in the lithium battery sector [2]. - The company employs over 28,000 people and has established 12 production bases across Asia, Europe, and America, showcasing its global manufacturing and service capabilities [2]. Product and Market Position - EVE Energy's lithium primary batteries have ranked first in sales and exports in China for eight consecutive years since 2016. In 2024, the company is expected to rank first in domestic cylindrical battery shipments and fourth globally [11]. - The company’s power battery installation volume ranks fifth in China, with a shipment volume of 30.29 GWh, reflecting a year-on-year growth of 7.87%. Its energy storage battery shipments are projected to reach 50.45 GWh, marking a significant year-on-year increase of 91.90% [11]. Technological Advancements - EVE Energy is at the forefront of solid-state battery development, planning to achieve production breakthroughs for its self-developed all-solid-state soft-pack batteries by 2026, targeting energy densities of 350 Wh/kg and 800 Wh/L [11]. - The company aims to launch a high-energy solid-state battery product with over 1000 Wh/L by 2028, positioning itself ahead of competitors who have set their mass production timelines for 2027 [11]. Industry Strategy - The company emphasizes the importance of avoiding low-price competition in the lithium battery sector, advocating for high-technology and high-value products instead [12]. - EVE Energy is expanding its global footprint through overseas factories and subsidiaries, with projects in Malaysia and Hungary aimed at enhancing local production capabilities and supply chain resilience [13]. Financial Strategy - EVE Energy plans to issue H-shares on the Hong Kong Stock Exchange to support its capital needs for overseas factory construction, aiming for a diversified financing approach [16]. - The company has launched a global lithium battery recycling platform, enhancing resource recovery rates to over 85%, thereby promoting a sustainable and circular economy in the lithium battery industry [16].