Core Viewpoint - ST Xinya focuses on lithium-ion battery electrolytes and other battery chemicals, establishing long-term partnerships with leading industry players [3][5]. Group 1: Business Overview - The company's main business includes lithium-ion battery electrolytes and other battery chemicals, which are applied in power batteries, energy storage batteries, and 3C consumer batteries [3][5]. - ST Xinya has formed stable collaborations with multiple industry-leading companies [3][5]. Group 2: Technological Advancements - The company has made technological reserves in various segments, including high-purity crystalline lithium hexafluorophosphate, high-voltage ternary, high-nickel ternary, high-voltage cobalt acid lithium, silicon-carbon anodes, high-energy iron lithium, long-cycle energy storage electrolytes, fast-charging power battery electrolytes, semi-solid battery electrolytes, manganese-based positive electrode materials, and sodium-ion battery electrolytes [3][5]. - Products such as silicon-carbon and high-voltage ternary have been recognized as provincial high-tech products, with silicon-carbon electrolyte achieving large-scale shipments [3][5]. - The company has begun mass deliveries of sodium-ion battery electrolytes and has made large-scale deliveries of iron-lithium power 4-6C fast-charging electrolytes and manganese-based power battery electrolytes to key power battery customers [3][5].

Core Viewpoint - ST Xinya (002388.SZ) is actively engaged in the lithium-ion battery electrolyte and other battery chemical markets, establishing long-term partnerships with leading industry players [1] Group 1: Business Overview - The company’s main business includes lithium-ion battery electrolytes and other battery chemicals, which are primarily used in power batteries, energy storage batteries, and 3C consumer batteries [1] - ST Xinya has formed stable collaborations with multiple industry-leading enterprises [1] Group 2: Technological Advancements - The company has made technological reserves in various sub-markets, including high-purity crystalline lithium hexafluorophosphate, high-voltage ternary, high-nickel ternary, high-voltage cobalt acid lithium, silicon-carbon anodes, high-energy iron lithium, long-cycle energy storage electrolytes, fast-charging power battery electrolytes, semi-solid battery electrolytes, manganese-based positive electrode materials electrolytes, and sodium-ion battery electrolytes [1] - The performance of related products is at the forefront of the industry, with silicon-carbon products and high-voltage ternary recognized as provincial high-tech products [1] Group 3: Product Delivery and Market Position - The company has achieved large-scale shipments of silicon-carbon negative electrolyte and has begun mass delivery of sodium-ion battery electrolytes [1] - Significant deliveries of iron-lithium power 4-6C fast-charging electrolytes and manganese-based power battery electrolytes have been made to important power battery customers [1]