Core Viewpoint - The company reported a significant increase in revenue but a decline in net profit, indicating challenges in profitability despite strong sales growth in the battery sector [3]. Financial Performance - Total revenue for the reporting period reached 28.17 billion yuan, a year-on-year increase of 30.06% [3]. - Net profit attributable to shareholders was 1.60 billion yuan, down 24.90% compared to the previous year [3]. - Net profit excluding non-recurring items was 1.16 billion yuan, a decrease of 22.82% year-on-year [3]. - Basic earnings per share were 0.78 yuan, a decline of 25.00% [3]. - Diluted earnings per share were 0.74 yuan, down 28.85% [3]. - The weighted average return on equity was 4.20%, a decrease of 1.77% from the previous year [3]. Operational Highlights - The company achieved a battery shipment of 21.48 GWh for power batteries, representing a year-on-year growth of 58.58% [1]. - Energy storage battery shipments reached 28.71 GWh, an increase of 37.02% year-on-year [1]. - The company has launched various product lines to cater to low-altitude economy, humanoid robots, and passenger vehicles [2]. Strategic Developments - The company is advancing its global manufacturing and delivery strategy, enhancing its international presence and local operations [4]. - The Malaysian battery production base is the first overseas facility to achieve mass production, covering a full range of consumer, power, and energy storage batteries [4]. - The successful launch of the Malaysian factory is expected to significantly enhance the company's overseas delivery capabilities and expand its influence in Southeast Asia, Europe, and North America [4].

Core Viewpoint - EVE Energy plans to launch a solid-state battery with an energy density of 350Wh/kg and 800Wh/L by 2026, followed by a high-energy solid-state battery exceeding 1000Wh/L by 2028, indicating a significant advancement in battery technology for electric vehicles [1][4]. Group 1: Battery Technology Advancements - EVE Energy's LMX product achieves an energy density of 205Wh/kg, surpassing the current mainstream LFP system, enabling electric heavy trucks to achieve a range of over 500 kilometers, thus breaking application barriers in medium to long-distance logistics [1]. - The LMX technology has successfully expanded the low-temperature operating window to -20°C, improving low-temperature performance by 30% compared to the current LFP system [1]. - EVE Energy has overcome mass production challenges for the 46 series cylindrical battery, becoming the first company in China to achieve mass production in this field [2]. Group 2: Performance Metrics - As of May this year, EVE Energy has installed over 60,000 units of cylindrical batteries, with the longest single vehicle mileage reaching 230,000 kilometers [3]. - The lithium metal battery system has achieved a discharge energy density of 352Wh/kg, supporting continuous discharge at 4C and pulse discharge at 7C, with a power density exceeding 1000W/kg, suitable for extreme demands of low-altitude unmanned aerial vehicles [3]. - The cylindrical battery developed using nano-silicon-based materials has an energy density of up to 320Wh/kg [3]. Group 3: Future Plans - EVE Energy's roadmap includes the introduction of solid-state battery 1.0 in 2026 with specified energy densities, followed by the advanced solid-state battery 2.0 in 2028 [4].