Core Viewpoint - EVE Energy's stock surged by 12.08% following the announcement of the opening of its solid-state battery production base in Chengdu, with a market capitalization reaching 130.95 billion yuan [2] Group 1: Company Developments - EVE Energy's solid-state battery research institute in Chengdu officially opened on September 2, with the "Longquan No. 2" solid-state battery successfully produced [2] - The Chengdu base covers approximately 11,000 square meters and aims for an annual production capacity of nearly 500,000 battery cells upon full operation [2] - The first phase of the base is expected to be completed by December 2025, with a manufacturing capability of 60Ah batteries, while the second phase aims for a 100MWh annual production capacity by December 2026 [2] - The "Longquan No. 2" battery has an energy density of 300Wh/kg and a volume energy density of 700Wh/L, targeting high-end applications such as humanoid robots and low-altitude aircraft [2] Group 2: Financial Performance - In the first half of 2025, EVE Energy reported revenue of approximately 28.2 billion yuan, a year-on-year increase of 30.06%, while net profit attributable to shareholders decreased by 24.9% to 1.605 billion yuan [3] - The company plans to distribute a cash dividend of 2.45 yuan per 10 shares, totaling around 500 million yuan [3] - The shipment of power batteries reached 21.48 GWh, a year-on-year increase of 58.58%, and energy storage battery shipments were 28.71 GWh, up 37.02% [3] - Excluding stock incentive expenses and specific bad debt provisions, the net profit attributable to shareholders increased by 3.78% to 2.218 billion yuan [3] Group 3: Future Outlook - EVE Energy has successfully developed an Ah-level sulfide-based solid-state battery prototype, with a pilot production line expected to be operational by 2025 [4] - The company anticipates achieving production breakthroughs in 2026, launching solid-state batteries with energy densities of 350Wh/kg and 800Wh/L, and plans to introduce high-energy solid-state battery products exceeding 1000Wh/L by 2028 [4] - The power battery segment's gross margin improved to 17.60% in the first half of the year, up from 11.45% the previous year, with expectations for stable deliveries in the third quarter [5]