WTECL(SH:600157) Ge Long Hui·2025-11-13 08:04Core Viewpoint - Yongtai Energy (600157.SH) is progressing with its coal-based aluminum mining rights applications and has achieved significant geological exploration results in three selected coal mines, indicating potential for medium-sized bauxite deposits [1] Group 1: Coal Mining and Aluminum Resources - The company has selected three coal mines: Xingqing Coal Mine, Jintaiyuan Coal Mine, and Sendayuan Coal Mine as pilot sites for coal-based aluminum mining rights applications [1] - Geological exploration construction was successfully completed in the second quarter of 2025, with ongoing work on the geological report [1] - The exploration results for the coal-based aluminum resources in these three mines have shown promising outcomes, reaching the scale of medium-sized bauxite deposits [1] Group 2: Vanadium Flow Battery Technology - The company has made breakthroughs in core technology for all-vanadium flow batteries and is advancing the trial production, pilot testing, and mass production of solid-state cathode materials [1] - The company is leveraging its domestic and international technical teams to continuously optimize the construction of the upstream and downstream production lines for all-vanadium flow batteries [1] - Efforts are being made to enhance customer reserves and market expansion in conjunction with technological innovations and iterations [1]