Sinocat(SH:688737) Ge Long Hui·2025-09-02 09:12Core Viewpoint - The company has been actively developing its hydrogen energy business since 2018 and has established a solid oxide fuel cell (SOFC) team in 2020, indicating a strategic focus on advancing clean energy technologies [1] Group 1: Business Development - The company has built and put into operation a pilot production line for solid oxide fuel cells with an annual capacity of 20,000 pieces, which has already produced various specifications of battery products [1] - The production line is designed with the potential to upgrade to a capacity of 200,000 pieces in the future, showcasing the company's growth ambitions in the hydrogen energy sector [1] Group 2: Technological Advancements - After nearly five years of continuous development, the company's battery technology has reached an advanced level domestically, particularly in terms of durability [1] - The latest verification results show that the battery's degradation is less than 0.5% per 1000 hours, indicating that it meets the initial conditions for promotion and application [1] Group 3: Market Engagement - The company is actively collaborating with downstream customers to advance the matching verification of battery cells in stacks/systems, which is essential for mass production and practical application in end-use power generation systems [1]