Core Viewpoint - The 2025 Fifth Chang'an Two-Wheeled Vehicle Battery Exchange Conference focuses on advanced technologies in the two-wheeled vehicle and battery exchange industry, highlighting the importance of safety and innovation in battery solutions [1]. Group 1: Industry Overview - The conference gathered over 300 key enterprises in the two-wheeled vehicle battery exchange sector and more than 600 executives to discuss industry development [1]. - The event featured discussions on cutting-edge technologies such as lithium batteries, sodium batteries, high-rate charging, and new materials [1]. Group 2: Company Insights - Multi-Fluorine New Energy has expanded its production capacity for large cylindrical batteries by nearly 8 GWh this year, reaching a total capacity of over 22 GWh by December [2][4]. - The company has a strong foundation in new materials, having applied for over 1,300 patents and participated in national projects, with its main business segments including fluorine-based new materials and new energy batteries [3]. Group 3: Product Development - The company has iterated its large cylindrical battery products through three generations, improving performance and manufacturing efficiency, with the latest generation featuring advanced safety mechanisms [6][8]. - The latest battery design incorporates a dual-direction pressure relief system and a new CTC structure, enhancing safety and reliability while reducing production costs [10][12]. Group 4: Market Performance - In 2024, the company expects to ship nearly 4 GWh of large cylindrical batteries, with a doubling of shipment rates compared to previous years [15]. - The product lineup covers a range of applications, including electric two-wheelers and commercial vehicles, with a focus on recycling and cost reduction strategies [15][16].