国金证券：建议关注率先布局硫化锂且具备一定技术优势的企业

Core Viewpoint - The report from Guojin Securities indicates that the acceleration of solid-state battery industrialization will benefit upstream core materials, particularly solid electrolytes which replace liquid electrolytes and separators in traditional batteries [1] Group 1: Solid-State Battery Technology - The core change in solid-state batteries is the use of solid electrolytes, which directly impacts key performance indicators such as power density, energy density, and cycle life [1] - Among the solid electrolyte routes, sulfide and oxide are the most mature, with sulfide electrolytes showing the highest ionic conductivity and the largest capacity layout among downstream enterprises, indicating the greatest future development potential [1] Group 2: Investment Recommendations - Companies that are early adopters in the sulfide lithium sector and possess technological advantages are recommended for investment [1] - For oxide electrolytes, which have moderate ionic conductivity but better stability, companies that have diversified their oxide electrolyte layouts and possess cost advantages in the industrial chain are also recommended for attention [1]