Core Viewpoint - Company Keli Yuan (600478) has made significant advancements in the development of foam metal materials, particularly in the area of three-dimensional foam metal materials, which has led to breakthroughs in SOFC (Solid Oxide Fuel Cell) technology [1] Group 1: Company Developments - Keli Yuan's subsidiary, Changde Liyuan, has over 20 years of experience in the design, manufacturing, and promotion of foam metal materials [1] - The company has successfully developed foam copper-manganese alloy materials for use in SOFC cathode current collectors, marking a technological breakthrough in the SOFC industry [1] - Currently, samples have been sent for testing to seven representative clients, with one notable domestic client entering the P2-P3 verification stage, completing approximately 100KW stack testing and application validation with positive results [1] Group 2: Product Development and Supply - In addition to developing foam copper-manganese alloy for SOFC cathodes, the company is also working on complementary anode materials, having supplied nearly 10,000 pieces for client testing [1] - Due to the special specifications of these materials, the company is undertaking process optimization and cost reduction efforts [1]

Core Viewpoint - Company Keli Yuan (600478.SH) has made significant advancements in the development of three-dimensional foam metal materials, particularly in the application of foam copper-manganese alloy materials for SOFC (Solid Oxide Fuel Cell) cathode collectors, showcasing its technological capabilities and market potential [1] Group 1: Company Developments - Keli Yuan's subsidiary, Changde Liyuan, has over 20 years of experience in the design, manufacturing, and promotion of foam metal materials [1] - The company has successfully developed foam copper-manganese alloy materials, which exhibit a smaller thermal expansion coefficient and stable conductivity at high temperatures compared to traditional perovskite compound conductive connection pieces [1] - The breakthrough in SOFC cathode collector materials is expected to drive technological progress in the SOFC industry [1] Group 2: Client Engagement and Testing - The company has provided samples for testing to seven representative clients, with one notable domestic client currently in the P2-P3 verification stage [1] - This client has completed approximately 100KW stack testing and application verification, yielding positive results [1] - In addition to developing cathode materials, the company is also working on anode materials, having supplied nearly 10,000 products for testing [1] Group 3: Cost Optimization Efforts - Due to the special specifications of the anode materials, the company is undertaking process optimization and cost reduction initiatives [1]