DFD(SZ:002407) Di Yi Cai Jing·2025-10-23 10:36Core Viewpoint - The company plans to significantly expand its lithium battery production capacity, aiming for 22GWh by the end of 2025 and 50GWh by the end of next year, with a focus on increasing profitability as production ramps up [1] Production Capacity - The company aims to achieve a production capacity of 30GWh in Q1 of next year and 50GWh by the end of the year [1] - By the end of 2025, the company expects to have a total production capacity of 22GWh [1] Shipment Expectations - The company anticipates shipping approximately 10GWh of batteries this year, with a target of 30GWh in 2026 [1] - The shipment of lithium hexafluorophosphate is expected to reach around 50,000 tons this year, with projections of 60,000 to 70,000 tons in 2026 [1] Market Segmentation - In terms of shipment structure, the power sector currently accounts for 40%-50%, while the two-wheeler and three-wheeler market represents about 10%, and the energy storage sector makes up around 40% [1] - Starting next year, the company expects a decrease in the power sector's share, with an increase in the energy storage business [1] Pricing and Contracts - The company is executing contracts with major clients based on bidding results, which will conclude by the end of the year, along with a few overseas long-term contracts [1] - The current market price for spot orders has risen to around 90,000, with future pricing to be determined through market negotiations [1]