"理想的燃料电池电极结构应具备良好的三相反应界面，能够促进电池内部的气体扩散与液态水管 理。"焦魁介绍，他们采用静电纺丝技术，使催化剂颗粒像蚕吐丝一样串成线，再层层纺成新型电极。 相比传统颗粒堆叠电极，该新型电极具有梯度孔隙率、更大的孔和更低的迂曲度，可明显改善低铂燃料 电池的电化学性能和耐久性。 该研究项目负责人、天津大学英才副教授樊林浩介绍说，氢燃料电池通常使用贵金属铂作为催化剂，相 对较高的成本是燃料电池大规模商业化的主要障碍之一。减少铂用量的同时提高其性能和耐久性，对于 降低燃料电池成本至关重要。"新型电极结构能够同时实现铂用量的减少与耐久性的提高，对于推动燃 料电池的商业化非常重要。"樊林浩表示，这种新型电极结构显著提升了铂利用率和物质传输效率，并 有效抑制了铂的溶解、沉积和离子扩散，可使铂载量由现在商用产品的0.2克/千瓦左右降到0.1克/千 瓦，同时表现出更为优异的耐久性。 业内专家表示，采用静电纺丝技术制备的新型电极同时实现了铂用量的减少与耐久性的提高，并有可能 改变燃料电池反应电极的设计，有利于克服质子交换膜燃料电池商业化的成本和耐久性障碍。此外，该 新型电极不仅能够应用于燃料电池，在其他电 ...

（文章来源：证券日报） 证券日报网讯 12月5日，亿华通在互动平台回答投资者提问时表示，公司目前产品销售主要面向国内市 场，但同时公司也会关注国际燃料电池系统市场的需求，联合上下游合作伙伴，适时进入相关市场。目 前已有搭载公司燃料电池系统的整车出口至澳大利亚。 ...

（文章来源：每日经济新闻） 亿华通（688339.SH）12月5日在投资者互动平台表示，目前搭载公司燃料电池系统的商用车辆主要以 加注气态氢为主，目前尚未开发甲醇或氨等液态载氢燃料的燃料电池系统产品。 每经AI快讯，有投资者在投资者互动平台提问：请问贵公司是否考虑过将氢结合其他化学原料，如甲 醇或氨，以此制成混合动力的系统呢？ ...

（文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：请问贵公司是否考虑过找海外客户寻求新订单以解决 国内有限订单带来的行业内部竞争？ 亿华通（688339.SH）12月5日在投资者互动平台表示，公司目前产品销售主要面向国内市场，但同时 公司也会关注国际燃料电池系统市场的需求,联合上下游合作伙伴，适时进入相关市场。目前已有搭载 公司燃料电池系统的整车出口至澳大利亚。 ...

格隆汇12月5日｜有投资者在互动平台向亿华通提问：公司的燃料电池能用在火车上吗？亿华通回复 称，公司的氢燃料电池系统当前主要应用于商用车领域，包括客车、物流车及重卡等车型，但是燃料电 池产品可以应用于轨道交通等交通领域。 ...

亿华通回复称，公司目前产品销售主要面向国内市场，但同时公司也会关注国际燃料电池系统市场的需 求，联合上下游合作伙伴，适时进入相关市场。目前已有搭载公司燃料电池系统的整车出口至澳大利 亚。 格隆汇12月5日｜有投资者在向亿华通提问：请问贵公司是否考虑过找海外客户寻求新订单以解决国内 有限订单带来的行业内部竞争？ ...

格隆汇12月5日丨亿华通(688339.SH)在投资者互动平台表示，目前搭载公司燃料电池系统的商用车辆主 要以加注气态氢为主，目前尚未开发甲醇或氨等液态载氢燃料的燃料电池系统产品。 ...

Summary of Key Points from Conference Call Records Industry Overview - **Wind Power Industry**: Benefiting from self-discipline agreements and strong demand, with stabilized and rising bidding prices leading to profitable orders for major manufacturers. The industry's high concentration, optimistic market outlook, and increased quality requirements from downstream wind farm operators are critical factors [1][2]. - **Lithium Battery Industry**: Experiencing high growth in demand, which is helping to digest the excess capacity formed in 2021-2022. The global demand is in a phase of explosive growth, with expectations of price increases due to government interventions aimed at improving profitability in the industry [3][4]. Core Insights and Arguments - **Government Initiatives**: The Ministry of Industry and Information Technology (MIIT) is focusing on anti-dumping measures in the lithium battery sector, which is expected to lead to price increases and improved profitability for the industry. The midstream sector is currently facing significant losses, but price increases are anticipated in 2026 [3][9]. - **Data Center Energy Storage**: As of September 30, 2025, U.S. data center energy storage projects reached over 30 GWh, with expectations that half of these projects will be operational by 2026. The main drivers include grid flexibility, backup power, and energy quality regulation [5]. - **AI and Related Industries**: The recovery of AI sentiment is driving growth in related fields such as data center equipment, power supply, and cooling systems. Companies associated with major tech chains like Google and Alibaba are highlighted as potential beneficiaries [6][7]. Important but Overlooked Content - **Price Increase Expectations**: In December, there are widespread expectations for price increases across various lithium battery material segments, including iron lithium, separators, copper foil, and aluminum foil. The anticipated price increases range from 1,000 to 2,000 yuan for iron lithium, with other segments also expected to follow suit [11]. - **New Energy Policies**: Recent policies emphasize the importance of new energy in enhancing power system regulation and encourage the development of various new energy storage technologies. These policies are expected to significantly impact the market and investment landscape [12][14]. - **Fuel Cell Industry**: The fuel cell sector is currently undervalued but is poised for a turnaround due to improved fundamentals and reduced costs. The market potential for fuel cells is expected to exceed previous forecasts, especially in applications such as backup power systems for data centers [17]. Recommendations - **Investment Opportunities**: Companies such as Goldwind Technology, China Tianying, and Jilin Electric Power are recommended for investment in the new energy sector. In the fuel cell space, companies like Yihuatong and Xiongtao Co. are highlighted as potential beneficiaries of market reversals [16][18].

Group 1 - The article emphasizes the importance of timely and professional information interpretation in investment decision-making [1] - It highlights the development of key components such as joint modules and hollow cup motors for humanoid robots, with a focus on underwater robotics and wireless charging [1] - The article notes that a company is a major supplier of SOFC components in North America, benefiting from the strong growth of data centers driven by AI power demands [1]

Core Viewpoint - The company has established a long-term partnership with Bloom Energy and is a major supplier of fuel cell membrane sheets [2] Company Summary - The company is identified as a key supplier for Bloom Energy, indicating a significant role in the fuel cell technology sector [2] - The collaboration with Bloom Energy suggests potential growth opportunities in the renewable energy market [2]