Core Viewpoint - Blue Solid New Energy has successfully completed a Series B financing round of over 200 million RMB, which will be primarily invested in the industrialization of all-solid-state battery electrolyte materials, enhancing the company's technological leadership and production capacity [1][2]. Group 1: Financing and Investment - The Series B financing was participated by Suining Industrial Investment and existing shareholder Jiuzhi Capital, providing strong momentum for the company's industrialization process [1]. - The funds will focus on the industrialization of all-solid-state battery electrolyte materials, which is crucial for the company's growth strategy [1][2]. Group 2: Technological Advancements - Blue Solid New Energy is a leading enterprise in solid-liquid batteries and all-solid-state battery electrolyte materials, dedicated to breaking through the technical boundaries of solid-state battery materials [1]. - The company has established an industrialization system covering various solid-state electrolyte material technology routes, ensuring a comprehensive approach to innovation [1][2]. Group 3: Production Capacity - The company has built a production line for oxide solid-state electrolytes with a capacity of thousands of tons and has achieved stable operation of a production line for all-solid-state battery electrolytes with a capacity of hundreds of tons [1]. - Blue Solid New Energy also has an annual production capacity of 50,000 tons for lithium and sodium battery electrolytes, reinforcing its competitive edge in the new electrolyte materials sector [1]. Group 4: Future Plans - The company is rapidly advancing the construction of the industry's first production line for oxide solid-state electrolytes with a capacity of tens of thousands of tons, expected to be operational by early 2026 [2]. - This new production line will significantly meet the growing demand for low-cost, large-scale solid-state electrolyte materials from solid-liquid battery customers [2].

Core Viewpoint - The company has developed sodium-ion battery electrolyte samples and plans to establish industrial production facilities, leveraging its experience in lithium battery electrolyte development [1] Group 1: Sodium-Ion Battery Development - The company has completed small and medium sample experiments for sodium-ion battery electrolytes and is ready for industrialization [1] - The company plans to build industrial production facilities for sodium-ion battery electrolytes [1] Group 2: Solid-State Battery Research - The company is tracking the technological advancements in solid-state batteries, focusing on cost reduction and design optimization for binders, polymer electrolytes, and sulfide/halide electrolytes [1] - The company is involved in a provincial "pioneer" project in Zhejiang, collaborating with upstream and downstream enterprises to promote technological progress and industrial application of solid-state batteries and related materials [1] Group 3: Market Position and Applications - As of the first half of 2025, the company ranks seventh in domestic electrolyte shipments, placing it in the second tier of the industry [1] - The company's electrolyte materials are primarily used in power battery projects for new energy vehicles, next-generation long-cycle energy storage projects, and consumer digital battery sectors [1]