Core Viewpoint - The company confirmed that its battery connection system products can be applied to solid-state batteries, with expectations for significant adoption in the next two years [2]. Group 1 - Investors inquired whether the company's electrical connection products are applicable to new battery types such as solid-state, semi-solid, and sodium-ion batteries [2]. - The company indicated that solid-state batteries represent a change in internal structure, and its products are compatible with these batteries [2]. - The company anticipates that the widespread use of solid-state batteries will occur in approximately two years [2].

Core Viewpoint - The company indicates that solid-state batteries represent a change in the internal structure of batteries, and its battery connection system products can be applied to solid-state batteries, with expectations for significant production to begin in two years [1] Group 1 - The company is involved in the development of battery connection systems that are compatible with solid-state batteries [1] - Solid-state battery production is anticipated to ramp up in approximately two years [1]

Core Viewpoint - The company indicates that solid-state batteries represent a change in the internal structure of batteries, and its battery connection system products can be applied to solid-state batteries. The company anticipates that solid-state battery mass production will occur in two years [1] Group 1 - The company is involved in the development of battery connection systems that are compatible with solid-state batteries [1] - Solid-state batteries are expected to see mass production starting in two years [1]

Core Viewpoint - The company acknowledges that Tesla is a significant customer, with its battery connection systems being used in Tesla's domestic production models, and that CATL is the company's largest direct customer [1]. Group 1 - The company is concerned about Tesla's potential shift away from domestic suppliers in the next two years and its impact on the company's operations [1]. - Tesla is identified as the company's largest end customer, indicating a strong reliance on Tesla for revenue [1]. - CATL is highlighted as the company's largest direct customer, emphasizing the importance of this relationship in the supply chain [1].

Group 1 - Tesla's first grid-side energy storage project in mainland China is expected to be operational this year, with a storage capacity of 300 MWh [1] - Tesla's energy storage business model involves sourcing battery cells from suppliers and assembling them into complete storage systems, with six suppliers including Panasonic, LG Energy, CATL, BYD, Xinwangda, and Yiwei Lithium Energy [1] - The energy storage system utilizes active balancing technology and targets the high-end market, indicating significant growth potential alongside the increasing photovoltaic market and future AI electricity demand [1] Group 2 - The estimated price for 1 GW of Tesla's energy storage system is approximately $500 million, with Tesla holding a 15% share of the global energy storage market in 2023 [1] - Based on IEA's 2030 installation forecasts, Tesla is projected to achieve $66 billion (approximately 473 billion RMB) in energy storage revenue [1] - PCB is identified as a core component in energy storage systems, essential for battery management systems (BMS), energy management systems (EMS), and storage inverters (PCS), indicating that PCB will grow alongside Tesla's energy storage business [1] Group 3 - Companies like Xidian New Energy and Haosen Intelligent are collaborating with Tesla, providing battery connection systems and maintaining long-term partnerships in the field of intelligent production lines for power lithium battery modules/PACK [2]