此外，该企业作为全球最大的聚合物锂离子电池供应商之一，2020年销售额超过400亿元人民币，拥有 1000多项锂电池相关专利，并在快充技术、高能量密度电池等领域处于行业前沿。 英联股份表示，此次合作基于平等互利、共同发展的原则，双方将发挥各自优势，实现产业链协同，共 同致力于高质量电池的技术研发和产业化发展。根据协议，双方将合作设计和开发产品，或由江苏英联 按照对方设计开发产品，同时开展技术开发并交付成果。双方协同并进，相互赋能，深化电池材料产业 链上下游的合作紧密度，共同推动复合集流体和相关电池材料技术的应用和产业化进程。 4月29日晚间英联股份公告，公司控股子公司江苏英联复合集流体有限公司(简称"江苏英联")与某公司 本着共同推进电池领域的技术创新、安全性的愿景，签署合作开发框架协议，达成合作开发的意向，共 同致力于高质量电池的技术研发和产业化发展。 据了解，某公司是一家世界领先的消费电池制造商，在快充技术、高能量密度电池等方面处于行业前 沿，产品广泛应用于全球各大知名品牌消费类电子产品领域。 公告显示，江苏英联专注于新能源汽车动力锂电池复合铝箔、复合铜箔的研发、生产和销售，其在江苏 省高邮市投资建设的相 ...

Investment Rating - The report maintains a "Recommended" rating for the company, considering its strong customer structure and technological advantages [4][6]. Core Insights - The company achieved a revenue of 5.108 billion yuan in 2024, representing a year-on-year growth of 12.50%. The net profit attributable to shareholders was 91 million yuan, up 81.43% year-on-year. In Q1 2025, revenue reached 1.225 billion yuan, a 23.27% increase year-on-year, with a net profit of 32 million yuan, reflecting a remarkable growth of 903.92% [1][4]. - The company is focusing on multi-business collaboration, particularly in consumer batteries, enhancing product competitiveness and market share through technological innovation [2][3]. - The customer base is diversifying, with deepened cooperation with major clients like HP, Sony, and Google, and expansion into new markets such as AI glasses [3]. Financial Performance - For Q4 2024, the company reported a revenue of 1.325 billion yuan, a decrease of 13.68% year-on-year and 9.76% quarter-on-quarter. However, the net profit showed a significant increase of 317.45% year-on-year [2]. - The gross margin for Q4 2024 was 14.20%, with a year-on-year decrease of 1.11 percentage points [2]. - The company expects revenues of 6.018 billion yuan, 6.952 billion yuan, and 7.929 billion yuan for 2025, 2026, and 2027, respectively, with corresponding net profits of 237 million yuan, 313 million yuan, and 407 million yuan [4][5]. Future Projections - The company forecasts a revenue growth rate of 17.8% for 2025, followed by 15.5% in 2026 and 14.1% in 2027. The net profit growth rates are projected at 159.7%, 32.0%, and 30.2% for the same years [4][5]. - The report indicates a PE ratio of 19 for 2025, decreasing to 11 by 2027, reflecting an improving valuation as earnings grow [4][5].