Ronbay Technology(SH:688005) Zhong Zheng Wang·2025-11-14 06:26Core Viewpoint - Rongbai Technology has disclosed its comprehensive research and development layout and technology commercialization timeline for all-solid-state battery materials, aiming for mass commercialization of its positive materials by 2027 [1][2] Group 1: All-Solid-State Battery Development - The all-solid-state battery is considered the ideal form of next-generation battery technology due to its high safety and comprehensive performance, with a projected global market size exceeding 156 GWh by 2030 [1] - The industrialization of sulfide all-solid-state batteries faces three core challenges: interface stability, cost, and manufacturing processes [1] - Industry efforts are focused on interface modification and multi-scale characterization technologies to guide structural optimization, with expectations that the cost of sulfide all-solid-state batteries could drop below 0.4 yuan/Wh by 2035 as production capacity expands and processes iterate [1] Group 2: Positive Material Strategy - Rongbai adopts a dual strategy of "ultra-high nickel" and "lithium-rich manganese-based" in the positive material sector, achieving 10-ton level shipments for 8-series high nickel and ton-level shipments for 9-series high nickel [2] - The lithium-rich manganese-based positive material has been recognized by leading cell manufacturers for its high capacity output under high voltage through structural adjustments [2] Group 3: Solid Electrolyte and Supply Chain - The company is advancing both sulfide and halide routes for solid electrolytes, with LPSC electrolytes showing uniform particle size distribution and air stability, suitable for high nickel positive materials to achieve energy density breakthroughs [2] - Halide electrolytes maintain a stable capacity retention rate after 1000 cycles and exhibit industry-leading ionic conductivity [2] - Key auxiliary materials such as binders and lithium sulfide have achieved independent mass production, ensuring supply chain support for industrialization [2] Group 4: Strategic Transformation and Innovation - Rongbai Technology has transformed from a single ternary material company to a platform provider of comprehensive positive material solutions, leveraging a "technology-process-market" closed-loop strategy [2] - The company is rapidly entering new markets such as sodium batteries, manganese iron phosphate, and lithium iron phosphate through continuous acquisitions and independent research and development [2] - In supply chain management, the company employs long-term procurement agreements and AI to optimize inventory, while also establishing a battery recycling system to create a resource recycling value chain [2] - The company emphasizes accelerating material design through a digital platform and strengthening collaborative innovation with global customers [2]