固态电池行业周报（第十九期）：灵鸽科技与全球硫化物全固态电池创领企业达成战略合作，当升科技联手博苑股份推动含碘硫化物固态电解质合作-20251019

Investment Rating - The investment rating for the power equipment industry is optimistic (maintained) [1] Core Views - The solid-state battery sector is transitioning from laboratory to mass production validation, with small-scale vehicle trials expected by the end of 2025 and widespread trials anticipated in 2026-2027. Emerging applications in low-altitude, robotics, and AI are expected to accelerate market opportunities for solid-state batteries [26][28] - The solid-state battery index decreased by 5.0% in the week from October 13 to October 17, 2025, while the cumulative increase for the year is 46.4% [4][11] - Strategic collaborations are being formed, such as Lingge Technology partnering with leading global solid-state battery companies and Dangsheng Technology collaborating with Boyuan Co. to promote the rapid industrialization of solid-state electrolytes [25][35] Summary by Sections Industry Overview - The solid-state battery industry is at a critical stage of industrialization, with significant advancements in technology and materials. The proportion of liquid electrolytes in lithium batteries has decreased to 10%-15% [28][29] - The Zhuhai government has launched an action plan to promote the solid-state battery industry from 2025 to 2030, focusing on key materials and technologies [29] Company Dynamics - Lingge Technology has signed a strategic cooperation agreement with Sichuan Saike Power Technology to enhance material handling in solid-state electrolyte production [34] - Guosheng Technology plans to invest 230 million yuan to develop a 10GWh solid-state battery AI manufacturing project [31] - Chery Automobile showcased a solid-state battery module with an energy density of 600Wh/kg, promising a range of 1200-1300 kilometers [32] Market Performance - The solid-state battery index saw an average decline of 5.7% among related stocks, with significant drops in conductive agents and current collectors [4][11] - The top-performing stocks included Shida Shenghua (+18.0%) and Tianji Shares (+16.0%), while the largest declines were seen in Baolidi (-17.6%) and Yuanhang Precision (-15.4%) [17][21]