Core Viewpoint - The company, Xinyuren, reported a significant decline in net profit for the first half of the year, primarily due to revenue recognition cycle issues, but it has a strong order backlog and is focusing on innovation in solid-state battery technology to capture market opportunities [1][2][4]. Financial Performance - In the first half of the year, Xinyuren achieved operating revenue of 86.48 million yuan and a net profit attributable to shareholders of -72.41 million yuan [1]. Order Backlog and Market Position - The current order backlog, including orders that have been won but not yet signed, amounts to 1.107 billion yuan, with over 80% of new orders coming from leading battery manufacturers, indicating strong market competitiveness during the industry adjustment phase [1][3]. Innovation and R&D Focus - Xinyuren has implemented a differentiated competitive strategy driven by innovation, focusing on a three-pronged R&D system of high-end equipment, processes, and new materials [2][5]. - The company has developed a dry film composite machine that enhances battery performance and production efficiency by simplifying the manufacturing process [3]. Solid-State Battery Development - Xinyuren is actively pursuing advancements in solid-state battery technology, with initial samples of halide solid electrolyte showing promising electrochemical performance [4]. - The company plans to conduct performance testing on solid-state batteries and aims to establish a pilot production line within three years [4]. Expansion into New Markets - Xinyuren is diversifying its business into emerging fields such as solid-state batteries and new materials, with its subsidiary, Shenzhen Yawen New Materials Co., achieving significant milestones in Micro LED and moisture barrier films [5][6]. - The company is also exploring applications for new materials in various industries, including robotics and healthcare, indicating a broad market potential [6]. Industry Context - The lithium battery industry is undergoing structural adjustments, with companies focusing on innovation and high-quality competition to navigate the challenges posed by overcapacity and price wars [5][6]. - As the solid-state battery market evolves, Xinyuren is positioned to leverage technological advancements and expand its product offerings, aiming for sustainable growth [5].

Group 1 - The core viewpoint of the news highlights the recent research conducted by Guoyuan Xinda Capital on a listed company, focusing on advancements in dry electrode equipment and solid-state electrolytes [1] - Xinyuren has successfully trial-produced a dry electrode equipment prototype using dry powder direct coating technology, which eliminates the fiberization film-making process and reduces binder content, making it suitable for thick electrode preparation without high-pressure rolling [1] - The halide solid-state electrolyte samples have been completed, showing an ionic conductivity slightly above 10^-3, indicating good conductivity performance, stability, and low cost [1] Group 2 - The optical glue and tape from Yamei New Materials have established stable cooperation with leading 3C clients, achieving significant breakthroughs in the Mini LED packaging materials market [1] - Micro LED mass transfer films have achieved small batch shipments, and moisture barrier films are being applied in flexible perovskite [1] - The proposed human skin material utilizes silicone-based materials and employs nano-imprinting technology to replicate the microscopic structure of human skin, achieving realistic touch sensations, with samples sent to pressure sensor companies and FPC manufacturers for widespread applications [1] Group 3 - Guoyuan Xinda Capital Management Co., Ltd. is a private equity fund management company registered with the Asset Management Association of China, established in 2015 with a registered capital of 50 million yuan [2] - The company is an observer member of the Securities Association of China and has a strong team of recognized new-generation investment talents [2]

答：公司坚持以客户目标为导向，构建了"高端装备+工艺+新材料"三位一体的研发体系，通过研发创 新驱动差异化竞争。在装备方面，公司的SDC涂布机采用优化的风道设计、智能化双腔式挤压模头和闭 环控制系统，实现了高速宽幅涂布，显著提升了涂布速度、宽度和稳定性；同时，研发的SDC复合型高 效干燥技术采用新型辐射加热方式，实现内外同时加热，快速蒸发干燥，烘烤效能提升20%。此外，公 司积极探索微孔基材涂布的商业化运作以及干法涂布在固态电池电极中的应用。在辊分设备领域，公司 开发了全数字化分切技术和双辊同步防掉粉技术，极大提高了分切精度和涂层剥离强度，降低了极片掉 粉率。未来，公司将持续加大研发投入，布局固态电池设备及技术研发，提升核心零部件制造能力，加 速新材料商业化，推动公司第二曲线持续发展，保持产品核心竞争力。 问：公司干法电极设备的进展？同行同类设备的差异是什么？ 证券之星消息，2025年5月19日信宇人(688573)发布公告称公司于2025年5月16日接受机构调研，富荣基 金、麻王投资、红思客资产、墨山私募、远东宏信、广发证券、兴业证券、西部证券（002673）、英大 证券、中天国富证券、中金公司（60199 ...