倒计时45天 2025（第十五届）高工锂电年会 暨十五周年庆典&高工金球奖颁奖典礼 主办单位： 高工锂电、高工产研（GGII） 协办单位： 卡洛维德 总冠名： 海目星激光 年会特别赞助： 大族锂电 专场冠名： 英联复合集流体、逸飞激光、华视集团、欧科工业空调 金球奖全程特约赞助： 思客琦 时间&地点： 2025年11月18-20日 深圳前海华侨城JW万豪酒店 会议合作： 陈女士 13560731836（微信同号） "我们现阶段不碰动力与储能。" 在高工锂电2025年秋季巡回走访过程中，多家自成立起便 聚焦固态电池商业化应用、以固态电池为核心业务 的初创企业，均向高工锂电传递了这 一明确信号。 这一风向转变，与前几年固态电池企业在PPT中畅谈要在动力、储能两大主流市场实现部分替代的雄心壮志形成鲜明反差。 但深入探究便会发现，这种"退一步"的选择，并非退缩，反而映射出新技术落地的真实路径与理性着陆点，摆脱了纸上谈兵的虚幻，推动固态电池 产业向更务实的方向发展。 大应用市场 短期难以突破的"硬骨头" 从市场规模来看，动力与储能无疑是锂电池行业的两大核心应用场景，占据行业绝大部分市场份额。 GGII数据显示，2025 ...

Core Viewpoint - The solid-state battery sector is experiencing significant growth, driven by strong market demand, supportive policies, and technological advancements, with key players in the industry showing robust stock performance [1][2][3] Group 1: Market Performance - On September 29, 2025, the solid-state battery sector saw strong upward movement, with stocks like Shida Shenghua and Dofluorid rising to their daily limit [1] - The battery ETF (159755) reached a nearly three-year high, with a price increase of over 4% during the morning session, and has seen a net inflow of 6 billion yuan over the past 20 trading days [1] - The energy storage battery ETF (159305) also rose over 3%, with a turnover rate of 12%, indicating strong market interest [1] Group 2: Policy and Industry Developments - Eight government departments issued a plan to accelerate the application verification of high-end products like solid-state battery materials [2] - The Ministry of Industry and Information Technology released an action plan to support foundational research in cutting-edge technologies, including solid-state batteries [2] - A new "Solid-State Battery Intelligent Manufacturing Platform" was established, indicating a collaborative effort among domestic lithium battery equipment companies [2] Group 3: Industry Outlook - The global solid-state battery industry is transitioning from research to commercialization, with China expected to achieve small-scale production by around 2027 [3] - The solid-state battery sector is projected to enter a critical phase of pilot production in the second half of 2025, with expectations of significant output growth by 2030 [3] - The overall battery industry is experiencing improved market conditions, with policies driving demand for energy storage solutions [3]

Core Viewpoint - The research team from Tsinghua University has made significant advancements in solid-state battery technology, specifically in developing a new fluorinated polyether electrolyte that addresses key challenges in achieving high safety and energy density in solid-state lithium batteries [1][2][3]. Group 1: Solid-State Battery Technology - Solid-state batteries primarily have four technical routes: sulfides, oxides, polymers, and halides, with sulfides currently being the mainstream choice [1][5]. - The Tsinghua team focuses on polymer electrolytes, which are considered the most mature among the four routes, having been developed over many years [7][10]. - The main challenges for solid-state batteries include ionic conductivity and the solid-solid interface, which are critical for battery performance [1][2][10]. Group 2: Challenges and Solutions - The Tsinghua team's new electrolyte addresses both ionic conductivity and solid-solid interface issues, which are significant barriers to commercializing solid-state batteries [2][3]. - The solid-solid interface problem arises when there are gaps between the solid electrolyte and the electrodes, hindering lithium ion movement [2][6]. - The team utilized in-situ polymerization technology to allow the polymer to grow and fill any gaps that may form at the solid-solid interface [2][3]. Group 3: Market Dynamics and Commercialization - Currently, about 37% of global solid-state battery R&D is focused on sulfide technology, particularly among Japanese and Korean companies [5]. - The high cost of sulfide solid electrolytes, which can reach 3 million to 4 million yuan per ton, poses a significant barrier to widespread adoption [6][7]. - The commercialization of solid-state batteries is still in its early stages, with expectations for significant developments by 2027 [10][11]. Group 4: Future Prospects - If the Tsinghua team's polymer electrolyte can overcome the low ionic conductivity issue, it may replace sulfide and oxide solid electrolytes, leading to a new direction in solid-state battery technology [10][11]. - The potential for polymer electrolytes to provide better solid-solid interface contact, simpler manufacturing processes, and lower costs makes them a promising alternative [10].

Group 1: Company Achievements - Tongyu Heavy Industry successfully delivered the world's largest diameter ring mill core component, the main roller shaft, showcasing its leading manufacturing capabilities in heavy equipment [1] - The main roller shaft, weighing over 160 tons, was produced from a 313-ton steel ingot through rigorous quality control processes, highlighting the company's strong industrial chain collaboration [1] - In the first half of the year, Tongyu Heavy Industry achieved a net profit of 61 million yuan, representing a year-on-year increase of 49.7% [1] Group 2: Solid-State Battery Developments - Research led by Tsinghua University has made significant progress in polymer electrolytes for solid-state batteries, providing new strategies for developing high safety and high energy density solid-state lithium batteries [4] - The new fluorinated polyether electrolyte developed by the research team enhances physical contact and ionic conductivity at solid-state interfaces, significantly improving battery performance [4] - A polymer soft-pack battery constructed with this electrolyte achieved an energy density of 604 Wh/kg under 1 MPa external pressure, surpassing current commercial batteries [4] Group 3: Market Trends and Projections - The solid-state battery industry is entering a "sprint phase," with global shipments expected to reach 614.1 GWh by 2030, corresponding to a market size in the billion yuan range [5] - Solid-state batteries are anticipated to replace existing liquid lithium batteries in various applications, including electric vehicles and energy storage, while also opening new markets in drones, robotics, and data centers [5] - Several A-share listed companies are making advancements in the solid-state battery sector, with notable developments from companies like MGL and MannsTech [5][6] Group 4: Financing and Stock Performance - Solid-state battery concept stocks have seen an average increase of 50.83% this year, with seven stocks doubling in value [7] - As of September 25, 21 solid-state battery concept stocks recorded net purchases exceeding 100 million yuan, with CATL, XianDao Intelligent, and Guoxuan High-Tech leading in net buying amounts [10] - CATL received the most "positive" ratings from institutions, indicating strong confidence in its innovative product offerings and global market integration [10][11]

Group 1 - The core viewpoint of the article highlights the significant rise of the Carbon Neutrality 50 ETF (159861) by over 2.3% on September 25, indicating growing investor interest in environmentally focused investments [1] - Solid-state batteries are expected to accelerate commercialization by 2025, with advantages such as high energy density, excellent safety, and wide temperature adaptability, potentially replacing existing liquid lithium batteries in electric vehicles and energy storage [1] - The solid-state battery industry is experiencing collaborative breakthroughs across various segments, including mature preparation processes for solid electrolytes, silicon-carbon anodes, and new cathode technologies [1] Group 2 - Major automotive companies are planning to launch new models equipped with solid-state batteries, indicating a shift in the automotive sector towards advanced battery technologies [1] - The Carbon Neutrality 50 ETF tracks the Environmental Protection 50 Index (930614), which selects 50 listed companies involved in clean energy, pollution control, and energy conservation from the Shanghai and Shenzhen markets [1] - The Environmental Protection 50 Index focuses on companies with high growth potential and good development prospects, covering multiple sub-industries within the environmental protection sector [1]

Group 1: Solid-State Battery Industry - The China Securities Subdivision Chemical Industry Theme Index (000813) has seen a strong increase of 1.62%, with key stocks like Tongcheng New Materials (603650) rising by 10.01% and Enjie Co., Ltd. (002812) by 9.99% [1] - Concerns about solid-state battery performance testing by the Ministry of Industry and Information Technology have led to market pullbacks, with requirements for energy density over 400Wh/kg and cycle life exceeding 1200 times [1] - Leading companies like CATL have met current testing requirements, and CATL has confirmed that scientific issues regarding all-solid-state batteries have been resolved, pushing for the next round of subsidies [1] - The outlook remains positive due to policy support aiming for commercialization by 2027, expanding application scenarios, and significant value enhancement in the lithium battery industry [1] Group 2: Viscose Filament Yarn Market - Xinxiang Chemical Fiber announced a planned shutdown of 31,200 tons of viscose filament yarn capacity starting October 1, expected to reduce production by 7,000 tons and impact revenue and profit by approximately 185 million yuan and 48 million yuan respectively [2] - The domestic effective capacity for viscose filament yarn is about 280,000 tons, with major producers like Xinxiang Chemical Fiber and Jilin Chemical Fiber holding significant shares, indicating a highly concentrated supply side [2] - Demand for viscose filament yarn is projected to grow, with domestic consumption expected to reach 136,000 tons in 2024, a year-on-year increase of 16%, and exports anticipated to rise by 7% [2] Group 3: Chemical ETF Overview - The largest chemical ETF (159870) closely tracks the China Securities Subdivision Chemical Industry Theme Index, which consists of seven sub-indices reflecting the overall performance of listed companies in related sectors [3]

Core Viewpoint - The article discusses the rapid growth and technological advancements in the solid-state battery sector, particularly in relation to the drone industry, highlighting the competitive landscape and the potential for commercialization of these technologies. Group 1: Market Growth and Potential - The Chinese commercial drone market is projected to reach approximately 121.5 billion yuan in 2024, with significant contributions from agriculture, surveying, and security sectors [2] - The logistics sector within the drone market has already achieved a scale of 12.8 billion yuan, with an annual growth rate of 32%, indicating substantial expansion potential [2] Group 2: Technological Advancements - Solid-state battery startups are rapidly entering the market due to their ability to customize technology and respond quickly to market demands [3] - Enli Power achieved production of 1 million solid-state battery sets by May, which can power 80,000 industrial drones, and aims to reach 2 million sets by September [1] - The performance of solid-state batteries has improved significantly, with high discharge rates maintaining low temperature increases, enhancing flight safety and endurance for drones [5] Group 3: Product Development and Features - Enli Power focuses on three product platforms: semi-solid Swift system (300-350 Wh/kg), pure solid Fleet system (over 400 Wh/kg), and full solid Kosmos system [6][7] - The company has successfully collaborated with Softbank to meet challenging battery specifications for stratospheric drones, demonstrating its commitment to long-term technological development [5] Group 4: Production Capacity and Expansion - Enli Power's GWh demonstration factory in Beijing commenced operations in November 2023, with plans for a 10 GWh advanced battery manufacturing project in Chuzhou, Anhui, starting in May 2024 [9] - The company anticipates achieving GWh-level production capacity this year, with sales projected to exceed 1 billion yuan by 2026 [10] Group 5: Competitive Landscape - Solid-state batteries are positioned to replace traditional lithium-ion batteries in drone applications due to their superior energy density and cost-effectiveness [11] - Companies like Huyuan Lithium and Weilan New Energy are innovating in solid-state battery technology, focusing on high energy density and safety [11][12] Group 6: Commercialization and Future Outlook - In the short term, semi-solid batteries are expected to dominate drone commercialization, particularly in logistics and agriculture [14] - Long-term prospects suggest that solid-state batteries could achieve energy densities exceeding 500 Wh/kg, becoming essential for advanced applications like eVTOL and long-endurance reconnaissance drones [14] - The development of hybrid hydrogen-lithium systems by research teams is addressing the challenges of drone endurance and payload capacity [15]

Core Viewpoint - The company is making significant progress in the development of solid-state batteries, which are expected to become a primary energy source for low-altitude flying vehicles and robots, and is actively working towards commercialization [1]. Group 1: Company Developments - The company has successfully achieved small-scale production of solid-state battery products with a capacity of 500Wh/kg and 10Ah [1]. - The company is collaborating with well-known drone and eVTOL manufacturers in the low-altitude flying vehicle sector, with samples currently undergoing airworthiness certification [1]. - In the robotics sector, the company is actively exploring applications for its solid-state batteries [1]. Group 2: Commercialization Efforts - The company has established a comprehensive layout across the entire supply chain to accelerate the commercialization process of solid-state batteries [1].

Market News - The three major US stock indices closed lower, with the Dow Jones down 0.27%, S&P 500 down 0.13%, and Nasdaq down 0.07% [1] - Major tech stocks showed mixed results, with Tesla up over 2% and Oracle up over 1%, while Microsoft and Nvidia fell over 1% [1] - Chinese concept stocks mostly rose, with the Nasdaq Golden Dragon China Index up 1.76%, reaching a new high since February 2022 [1] - International oil prices surged, with WTI crude oil up 1.97% and Brent crude oil up 1.59%, closing at $68.51 per barrel [1] - European stock indices closed lower, with Germany's DAX down 1.77%, France's CAC40 down 1%, and the UK's FTSE 100 down 0.88% [1] Industry Insights - Figure, a leading humanoid robot company, announced it will release three major announcements over the next three days, with a recent C-round funding raising over $1 billion, valuing the company at $39 billion [2] - The humanoid robot industry is expected to see significant growth, with 2025 being a key year for development, driven by advancements in component performance and cost reduction [3] - SK On announced the completion of a pilot plant for solid-state batteries in South Korea, aiming for commercialization by 2029, one year ahead of the original target [2] - The solid-state battery industry is projected to grow significantly, with a compound annual growth rate of 78% from 2025 to 2030, and a market size exceeding 300 billion yuan by 2030 [4] - The Chinese Ministry of Commerce released policies to expand service consumption, including measures to enhance tourism and optimize the consumption environment [5][6]

Group 1: Industry Overview - The report from Industrial Securities suggests focusing on leading battery equipment companies and solid-state battery equipment suppliers as the industry evolves [1] - By 2025, the demand for new energy vehicles and energy storage is expected to grow steadily, although the industry faces an oversupply situation due to previous rapid capacity expansion [1] - The lithium battery sector is experiencing a price bottoming and production expansion slowdown, which are positive developments for the market [1] Group 2: Solid-State Battery Development - The commercialization of solid-state batteries is anticipated to accelerate by 2025, offering advantages such as high energy density and superior safety [2] - Solid-state batteries are expected to gradually replace existing liquid lithium batteries in various applications, including new energy vehicles and energy storage, while also opening new markets like low-altitude, robotics, and data centers [2] - The supply chain for solid-state batteries is expected to see collaborative breakthroughs across various segments, with advancements in materials and production processes leading to significant cost reductions [2] Group 3: Equipment and Technology - The transition to solid-state batteries will require significant changes in equipment, particularly in the dry electrode processes and solid electrolyte pressing equipment [2] - The demand for high-pressure formation equipment is expected to increase due to the higher pressure requirements in the formation stage of solid-state batteries compared to liquid batteries [2]