Core Insights - The demand for ship batteries is upgrading, with a focus on the electrification of vessels as a new growth area for lithium batteries [1][3] - The lithium battery industry is regaining market attention due to its solid fundamentals, particularly in traditional applications [2] Industry Trends - Ship electrification is seen as a new blue ocean for lithium battery applications, with global electrification rates expected to reach 20% by 2025 [3] - Chinese shipbuilders have secured over 70% of global green ship orders, indicating rapid market expansion for electric vessels [3] Market Dynamics - Initial battery requirements for electric vessels focused on basic operational standards, leading to the popularity of lithium iron phosphate batteries [3] - As applications expand to larger commercial vessels, the demand for differentiated battery performance, such as fast charging, is increasing [3][4] Technological Advancements - Fast charging capabilities have become a competitive focus in the ship battery sector, with companies like Zhongchuang Innovation launching new battery products [4] - Strategic collaborations, such as between Ganfeng Lithium and Xingyun Co., aim to enhance battery technology and operational efficiency in the maritime sector [5] Cross-Industry Collaboration - Companies with experience in large-capacity battery development are leveraging their expertise to penetrate the ship battery market [5][6] - New battery technologies, including solid-state batteries, are being explored for applications in the maritime industry, with several companies announcing production capabilities [6][7] Future Outlook - The ship electrification market is transitioning from basic functionality to higher efficiency and faster charging solutions, driven by technological advancements and evolving market demands [8]

Core Viewpoint - The company has launched new marine battery cells, including long-life 320Ah and 230Ah cells, as well as a 163Ah-2C fast-charging cell, in response to the growing demand for stable battery products in the electric shipping sector [2][5]. Group 1: Product Launch and Features - The newly released L173F163 2C cell utilizes low-expansion graphite technology and high-dynamic electrolyte, achieving sustained 2C and peak 4C high-rate charge and discharge while ensuring long cycle life [4]. - The L173F320 long-life marine cell features high-pressure, high-capacity technology combined with low-defect, high-stability graphite, boasting a system lifespan exceeding 12 years, marking a global first from product definition to mass production [5]. - A modular power solution based on the 320Ah cell has been developed, utilizing a 20-foot container for deployment, featuring a unique 5-minute intelligent mechanical loading and unloading system, suitable for various maritime applications [5]. Group 2: Market Context and Future Outlook - The shipping industry is the second-largest carbon emission sector after automotive, making decarbonization a global consensus, with electric shipping becoming increasingly important [2]. - The global electric shipping market is projected to exceed $10.8 billion (approximately 77.4 billion RMB) by 2027, driving massive demand for lithium batteries as core power components [7]. - The company has received certifications from major international classification societies (CCS, DNV, ABS, RINA) for its products, which are designed for high power, long endurance, high safety, and long life [7][8].