千亿级赛道价值明晰，天铁科技固态电池产业布局再提速

Core Insights - The lithium-ion battery manufacturing industry in China has seen a significant increase in value added, with a year-on-year growth of 29.8% in the first three quarters of the year, driven by advancements in smart manufacturing and green manufacturing [1] - Solid-state battery technology is making breakthroughs, addressing safety and energy density issues of traditional liquid lithium batteries, and is expected to reshape the global lithium battery industry [1] - A recent achievement by Chinese scientists in solid-state lithium batteries has doubled the range of a 100kg battery pack from 500km to 1000km, enhancing the commercial viability of solid-state batteries [1] Industry Developments - Tian Tie Technology has strategically positioned itself in the solid-state battery sector, signing a framework agreement with leading solid-state battery company Xinjie Energy for long-term supply of lithium metal anode materials and deep collaboration across the entire solid-state battery technology chain [2] - The company announced an investment of 302 million yuan for the construction of a solid-state battery production base with an initial capacity of 2 GWh, targeting high-growth sectors such as eVTOL, robotics, and 3C products [2] - Solid-state batteries are expected to significantly improve the performance of drones and flying cars by reducing weight and enhancing safety, thus facilitating the commercialization of urban air mobility [2] Technological Advancements - Solid-state batteries have a theoretical energy density of 500 Wh/kg, surpassing the 300 Wh/kg limit of traditional lithium batteries, making them suitable for high-performance applications like humanoid robots [3] - The global solid-state battery market is projected to reach 229.2 billion yuan by 2030, with lithium metal recognized as the ultimate anode material for next-generation high-energy solid-state batteries [3] - Tian Tie Technology's Anhui Tian Tie factory is set to begin trial production of lithium metal with an annual capacity of 3000 tons, enhancing the company's lithium compound production capabilities [3] Competitive Advantages - Tian Tie Technology possesses a comprehensive know-how in the lithium metal supply chain, with its subsidiary Anhui Tian Tie being one of the few companies in China capable of processing thousands of tons of lithium metal [4] - The company has established a competitive edge through an integrated approach that combines raw material processing, product development, and service offerings, which is expected to yield cost advantages during mass production [4] - Anhui Tian Tie has developed advanced technologies for lithium metal production, ensuring high purity and safety, aligning with the demands of next-generation battery technologies [4] Market Positioning - The recent advancements in solid-state batteries indicate that China is leading globally in completing a full-cycle loop of policy, research, capital, and production capacity [5] - Tian Tie Technology is positioned to transition from a supplier of anode materials to a benchmark enterprise in next-generation power batteries, potentially expanding its growth opportunities [6]