Core Viewpoint - The company is actively engaging in the development and commercialization of semi-solid and solid-state battery technologies, with a focus on small power systems rather than the automotive sector [1] Group 1: Semi-Solid Battery Production - The semi-solid battery production line at the Huai'an base has not yet fully commercialized but has achieved small batch shipments from the Zhangjiagang base [1] Group 2: Product Focus and Market Position - The company's lithium battery products primarily target small power systems, differentiating itself from most lithium battery manufacturers that focus on the automotive sector [1] Group 3: Solid-State Battery Development - The company is exploring solid-state battery technology and is assessing its competitive position relative to leading firms in the industry, such as CATL, EVE Energy, and Guoxuan High-Tech, which have made significant investments in research and development [1]

Core Insights - Jiangsu Tianpeng Power Co., Ltd. announced the global launch of its mass-produced solid-state cylindrical battery with an energy density of 350Wh/kg, primarily aimed at applications in embodied robots, low-altitude aircraft, and e-bikes [1][2] - The newly released 60HES cell features revolutionary materials and structural design, utilizing self-developed ultra-high nickel ternary materials (NCMA Ni93) for the cathode and low-expansion silicon-carbon anode (SiC), enabling higher capacity and energy density [1] - The 21700-60HES cell has a nominal capacity of 6100mAh, supports 1C/3C charge and discharge capabilities, and has a cycle life of ≥800 at room temperature, with stable operation in a temperature range of -10℃ to 65℃ [1] Market Applications - The battery has completed safety verification with leading international clients, receiving high recognition for its performance, and mass production validation is currently underway, expected to be fully completed by the end of this year [1] - Upon completion, the product will transition from pilot production to the global market [1] Future Developments - Tianpeng Power is developing the next generation of solid-state batteries, aiming for mass production of batteries with an energy density exceeding 500Wh/kg by 2027, utilizing a composite solid electrolyte (sulfide + polymer) suitable for cylindrical cells [2] - The company is a wholly-owned subsidiary of Blue Lithium Core, focusing on the research, production, and sales of cylindrical batteries, with a product system that includes NCM, NCA, and LFP technologies [2] Production Capacity - Tianpeng Power operates four major production bases, with three located in Jiangsu Province and one in Selangor, Malaysia, which plans to invest $280 million to achieve an annual production capacity of 10GWh of cylindrical lithium batteries [2] - The Malaysian facility officially opened on April 29, with an initial total capacity of approximately 400 million units per year, and stable supply of 18650 and 21700 cell types is already in place, with plans to produce high-end models such as 5.8Ah and 6.5Ah in the future [2]