天际股份：子公司正推进硫化锂专利产业化

Core Viewpoint - Tianji Co., Ltd. (002759) is experiencing significant stock price fluctuations due to increased market interest in solid-state battery technology, particularly lithium sulfide, which is essential for solid-state electrolytes [1][2]. Group 1: Company Developments - Tianji Co., Ltd. announced that its stock price has deviated by over 20% in the last three trading days, indicating abnormal trading activity [1]. - The company has received a patent for lithium sulfide materials and is advancing the industrialization of this technology [1]. - The company reported a 19.16% year-on-year revenue growth to 1.068 billion yuan in the first half of 2025, with lithium hexafluorophosphate accounting for 67.27% of total revenue [3]. Group 2: Industry Trends - The demand for lithium sulfide is projected to reach hundreds of tons by 2025 and potentially thousands of tons by 2026, indicating rapid growth in the market [1]. - Other lithium battery upstream companies, such as Ganfeng Lithium (002460) and Tianqi Lithium (002466), are also making advancements in lithium sulfide production [2]. - The price of lithium hexafluorophosphate has increased due to the booming energy storage industry, benefiting Tianji Co., Ltd. [3]. Group 3: Production Capacity - By the end of 2024, Tianji Co., Ltd. will have established a production capacity of 37,000 tons per year for lithium hexafluorophosphate, ranking among the top three in the industry [3].