中信建投表示，固态电池作为下一代锂电池核心技术方向，固-固界面接触难题一直是其量产最大瓶 颈，近期中国科学院物理所黄学杰团队通过在硫化物电解质中引入碘离子，在电池工作时，碘离子化合 物顺着电场方向流动到固-固界面接触处，主动吸引锂离子来填充接触面间隙，从而显著提升电池的倍 率性能，此外碘离子还可促进锂金属均匀沉积、有效抑制锂枝晶生长，可极大提升电池安全性。该技术 成功实现了无需外部加压即可解决电极与电解质自主修复紧密接触的难题，有望加速固态电池量产化进 程。 中信证券：建议积极关注纺服制造板块中的"小而美"公司 中信证券表示，2024年来，纺服制造板块部分"小而美"公司关注度持续提升。中信证券认为，一方面受 此前疫情和产业转移带来的经营压力的影响，此类公司长期缺乏市场关注，估值处于底部位置；另一方 面，此类公司在经营底部积极求变，随着下游需求的正常化、新产能爬坡的逐渐完成、历史相关负面因 素的逐渐出清以及持续智能化、自动化投入带来的降本增效，各工厂展现出积极的经营变化，进而带动 公司整体估值重估。通过梳理各公司经营情况，看到负面影响出清、业务调整见效、盈利大幅改善、低 估值及高股息属性是股价表现突出的主要驱动 ...

Group 1: Company Insights - The company Liyuanheng anticipates that the domestic power battery equipment market will experience structured growth over the next 1-2 years, with incremental space primarily coming from the equipment upgrades and iterations demanded by leading battery manufacturers, as well as the need for new production equipment [1] - The company aims to enhance its competitiveness through research and development, global operations, and the establishment of a service network, while also focusing on the synergistic development of consumer and power battery businesses [1] - A major client strategy has improved the company's operational quality and financial performance, including an increase in gross margin and a decrease in expense ratio [1] - The company will continue to promote refined management and efficient operations, focusing on next-generation continuous production isostatic equipment and collaborating with battery material companies and cell manufacturers for technical breakthroughs [1] - The mass production of solid-state batteries faces several technical challenges that need to be addressed, including issues related to the process route, electrode and electrolyte composite technology, glue frame printing and packaging, and high-voltage formation [1] - The company's competitive advantage is based on the accumulation of technical standards, the depth of cooperation with clients, and the trust established through technical validation [1] - The decrease in period expenses is attributed to improved operational efficiency and organizational optimization, with plans to enhance client fund management, project operation, and capital turnover efficiency, while optimizing research and development strategies and focusing on core clients and flagship products [1] Group 2: Industry Overview - The overall market for power battery equipment is expected to evolve, driven by the demands of leading manufacturers for updated and innovative production technologies [1]