Market Overview - On November 5, 2025, the A-share market saw all three major indices close higher, with the Shanghai Composite Index at 3969.25 points, up 0.23% [1] - The Hong Kong stock market opened lower but recovered, with the Hang Seng Index closing at 25935.41 points, down 0.07% [1] - U.S. stock indices also experienced slight gains, with the S&P 500 closing at 6796.29 points, up 0.37% [1] New Stock Listing - Daming Electronics (stock code 603376) was listed today with an issuance price of 12.55 yuan per share and a price-to-earnings ratio of 17.97 [2] - The company specializes in automotive electronic components, providing solutions for body electronic control systems, including driving assistance systems and cabin control systems [2] Agricultural Development - The Ministry of Agriculture and Rural Affairs held a meeting to advance the implementation of the Agricultural Powerhouse Plan and the 14th Five-Year Plan for agricultural and rural development [3] - The meeting emphasized the need to align local resources and development foundations with the goals of achieving agricultural modernization by 2035 [3] Solid-State Battery Market - TrendForce forecasts that global demand for solid-state batteries will reach 740 GWh by 2035, driven by applications in electric vehicles, energy storage, and consumer electronics [4] - Nearly 100 companies are planning solid-state battery production capacity, indicating a significant shift towards large-scale application [4]

Core Insights - The global solid-state battery capacity is being planned by nearly a hundred companies, totaling over 100 GWh [1] - The demand for solid-state batteries is expected to exceed 206 GWh by 2030 and expand to over 740 GWh by 2035, indicating a transition to large-scale application [1] Industry Overview - The growth in solid-state battery demand is driven by applications in electric vehicles, stationary energy storage, consumer electronics, humanoid robots, eVTOL/UAM, and industrial uses [1] - The solid-state battery market, including semi-solid batteries, is entering a phase of significant expansion and commercialization [1]

Core Insights - The development of solid-state batteries is transitioning from laboratory research to industrialization, with nearly a hundred companies planning production capacity totaling over 100 GWh [2] - Semi-solid batteries have already achieved commercial production and are being used in electric vehicles, while full solid-state batteries are in the small-scale trial production phase, with expectations for automotive applications by around 2027 [2] - The demand for solid-state batteries is projected to exceed 206 GWh by 2030 and expand to over 740 GWh by 2035, indicating a significant shift towards large-scale applications [3] Technology Section - Solid-state batteries are characterized by their key materials and components, including positive and negative electrodes, solid electrolytes, separators, current collectors, cell manufacturing, and packaging [8] Market Analysis - The cost analysis of solid-state batteries indicates ongoing trends in cost reduction, which is crucial for market competitiveness [10] - The market demand forecast suggests a growing need for solid-state batteries across various applications, including electric vehicles, energy storage, consumer electronics, humanoid robots, and eVTOL/UAM [10] Industry Progress - The industrialization of solid-state batteries is progressing globally, with notable advancements in regions such as Europe, Japan, South Korea, and China [11] - Challenges in the industrialization process are being addressed, with ongoing research and development efforts to enhance battery performance and reduce costs [11]