北交所科技成长产业跟踪第十六期：产业终端落地时间点临近，关注纳科诺尔等北交所固态电池产业链企业

Group 1 - The report highlights the increasing adoption of solid-state batteries by major automotive manufacturers, driven by policy support and the need for improved battery safety and performance [2][9][17] - Solid-state batteries are expected to replace liquid electrolyte batteries, offering higher energy density and enhanced safety, with oxide materials emerging as the fastest technology route [2][9][19] - The report identifies leading companies in the solid-state battery supply chain, including CATL and BYD, which together account for approximately 60% of total production capacity [2][17][29] Group 2 - The report forecasts that China's solid-state battery shipment volume will reach approximately 18 GWh by 2027, with a market space of around 10 billion yuan in 2023, expected to grow to 29 billion yuan by 2025 [2][25][29] - The overall performance of the North Exchange technology growth stocks has been positive, with a median price change of +10.18% from March 3 to March 7, 2025 [2][14] - The report provides insights into the valuation of various industries, noting that the median P/E ratio for the electronic equipment industry has increased from 50.0X to 59.3X, indicating strong investor interest [2][13][16]