事关固态电池！A股巨头发声

Core Viewpoint - Solid-state battery technology is rapidly developing, but full commercialization will take time according to the chairman of Enjie Co., Ltd. [2][5] Group 1: Company Developments - Enjie Co., Ltd. is a leading A-share lithium battery separator company, focusing on high-purity lithium sulfide, sulfide solid electrolytes, and sulfide solid electrolyte membrane products [2][5]. - The company has established a pilot line for high-purity lithium sulfide and has begun production on a 10-ton level solid electrolyte production line, indicating readiness for shipment [5]. - Enjie Co., Ltd. reported a significant change in its financial performance in Q3 2025, with a net profit of 6.79 million yuan, marking a turnaround from previous losses [10][11]. Group 2: Market and Industry Insights - The solid-state battery market includes both semi-solid and all-solid batteries, with semi-solid batteries serving as a transitional product towards full solid-state technology [5]. - The overall demand in the lithium battery separator industry remains strong, with Enjie Co., Ltd. achieving a revenue of 3.78 billion yuan in Q3 2025, a year-on-year increase of 40.98% [11][12]. - The company anticipates that the separator and lithium battery industry will continue to experience high growth in the coming years [12]. Group 3: Financial Performance - Enjie Co., Ltd. faced challenges in the lithium battery separator industry, resulting in losses in 2024 and the first half of 2025, but showed signs of recovery in Q3 2025 [6][10]. - The company's revenue for 2024 is projected at approximately 10.16 billion yuan, reflecting a 15.60% decrease from the previous year [7]. - The net profit attributable to shareholders for 2024 is expected to be a loss of approximately 556.32 million yuan, a significant decline compared to a profit of 2.53 billion yuan in 2023 [7].