Core Viewpoint - The article discusses the recent B-round financing of Guoyan New Energy, a company specializing in the research and production of steel-shell batteries, highlighting its innovative technology and market potential in the wearable device sector [5]. Company Overview - Guoyan New Energy, established in 2019, focuses on lithium battery production driven by new materials technology. The company began research on button batteries in 2020 and has developed proprietary technologies to bypass foreign patent barriers [5][6]. - The company has completed nearly 50 million yuan in B-round financing, which will be used for capacity expansion and product development [5]. Technology and Product Advantages - Steel-shell batteries offer significant advantages over traditional soft-pack batteries, including over 20% increased capacity under the same volume conditions, enhanced safety, and design flexibility [6][7]. - Guoyan New Energy has developed several core technologies, including metal foil composite technology and thin-wall laser welding technology, which contribute to the safety and efficiency of their batteries [7][8]. Market Trends and Opportunities - The demand for wearable devices is expected to explode, with predictions indicating that global demand for smart wearable batteries will exceed 10 billion yuan by 2025, with steel-shell batteries potentially capturing over 40% of the high-performance market segment [6][7]. - The company is positioned to meet the increasing miniaturization requirements of devices like AR glasses and smart rings, which traditional soft-pack batteries cannot adequately support [6][7]. Collaborations and Applications - Guoyan New Energy is the battery supplier for the Mi Smart Glasses, providing energy support for the device's operation [8].

Core Insights - Guoyan New Energy has recently completed nearly 50 million yuan in Series B financing, with funds allocated for capacity expansion and product development [1] - The company specializes in the research, production, and sales of lithium batteries, particularly focusing on steel-shell batteries, which have gained traction due to the demand from consumer electronics [1][2] - The market for wearable devices is expected to reach a scale of over 10 billion yuan, driven by advancements in AI and the increasing need for compact and high-performance batteries [1][2] Company Overview - Guoyan New Energy was established in 2019 and began research on button batteries in 2020, successfully developing proprietary technologies to bypass international patent barriers [1][3] - The company has become the third domestic entity capable of circumventing VARTA's patent restrictions, showcasing its innovative capabilities in battery technology [1][3] Technology and Product Advantages - Steel-shell batteries offer significant advantages over traditional soft-pack batteries, including over 20% higher energy density, enhanced safety, and design flexibility [2][3] - The company has developed several core technologies, such as metal foil coating, vertical stacking of electrode materials, and laser welding, which contribute to the performance and safety of its batteries [3][4] - Unique features of Guoyan's batteries include a composite cover technology that reduces explosion risks, improved sealing methods that extend battery life, and automated production processes that enhance product consistency [4] Market Position and Trends - The demand for steel-shell batteries is expected to grow significantly, with predictions indicating that by 2025, global demand for smart wearable batteries will exceed 10 billion, with steel-shell batteries potentially capturing over 40% of high-performance applications [2][3] - The company is positioned as a key supplier for products like the Mijia smart glasses, indicating its role in the growing market for advanced consumer electronics [4]