Core Insights - Shenzhen Shangshui Intelligent Co., Ltd. is gaining attention as it progresses to the registration stage of its IPO, with its value anchored in a globally pioneering technology that defines a niche market and supports its capital market ambitions [1] Group 1: Technological Innovation - The company has developed a "circular high-efficiency pulping system," which integrates pre-mixing and high-speed dispersion in a closed-loop, addressing inefficiencies and high energy consumption in traditional pulping methods [2] - This innovative system has been recognized and patented in multiple countries, including China, the USA, Europe, Japan, and South Korea, establishing the company as a leader in the lithium battery wet pulping process [3] Group 2: Market Position - The company holds a 60% market share in the domestic market for its pulping system, confirming its status as the industry leader and the driving force behind the establishment of this technology as the industry standard [3] Group 3: Future Growth Strategies - The company is proactively investing in next-generation technologies, such as semi-dry and dry electrode preparation processes, aimed at reducing or eliminating solvent use, which aligns with the future of solid-state battery systems and green manufacturing [4] - Additionally, the company is expanding its platform technology into new materials preparation, applying its precision measurement and intelligent control technologies across various high-end fields, creating new business growth opportunities [4] Group 4: Research and Development Commitment - The company has committed 8.96% of its revenue to research and development, resulting in 174 domestic patents and recognition as a national-level "specialized and innovative" enterprise [5] - This sustained investment in innovation underpins the company's ability to define the industry and maintain its leading position, showcasing a development logic driven by core technological advancements [5]