摘要 公司与中原特钢、昆泰士合作，推广固态电池产线，提供整线解决方案， 包括市场推广、工艺优化和售后服务，旨在提升固态电池装备的整体竞 争力。 公司定位为固态电池装备整线解决方案提供商，涵盖硬件和软件，积极 应对全固态电池行业的技术快速发展，目标是提供快速响应的整线解决 方案，助力客户技术迭代。 公司未放弃硫化物、卤化物、氧化物和聚合物四条固态电池技术路线， 而是研发共通技术平台，并与电子企业、高校合作开发专用设备，提供 整线解决方案。 2025 年新签订单额已超 40 亿元，同比增长近一倍，主要来自消费领域 的 A 公司和动力领域的比亚迪、国轩、新能德等头部客户，其中 A 公司 订单占比约 50%~60%。 公司预计 2026 年新增订单规模将接近百亿，主要来自消费理念扩展、 动力电池头部客户合作以及固态电池产线落地，同时积极拓展南亚、日 本、印度、韩国及欧洲市场。 Q&A 公司近期与全球高压技术领域龙头公司 Printers 签署了战略合作协议，能否 介绍一下此次合作的背景和主要内容？ 此次合作是我们在去年（2024 年）为头部车企提供全固态电池整线设备时就 开始讨论的。由于当时缺乏某些关键设备和安全资质 ...

Summary of Solid-State Battery Industry Conference Call Industry Overview - The solid-state battery industry is developing in a coordinated manner both domestically and internationally, with significant collaborations such as Samsung SDI partnering with BMW and Solid Power, and Solid Power working with SK On on pilot lines [1][2][6] - Domestic manufacturers like the Chinese Academy of Sciences, Seiko Power, and leading companies C and B have made progress, with some achieving 60-80 Ah products and pilot line capacities reaching gigawatt-hour levels [1][2][6] Key Developments - The Ministry of Industry and Information Technology (MIIT) is providing subsidies for solid-state battery R&D, with mid-term review results expected in November, indicating that leading companies have met core indicators [1][4] - The second batch of subsidies is anticipated to be released in the first half of next year, with amounts expected to be similar to the previous year [1][4] Technological Advancements - The shift to dry processing in solid-state battery manufacturing significantly impacts equipment companies, increasing demand for dry mixing and fiberization equipment, as well as rolling machines, which have seen price increases [1][5] - Isostatic pressing equipment is crucial for addressing interface contact and conductivity issues in solid-state batteries, with companies like Sweden's Quintus and China's Chuanxi Machinery leading in this area [1][5][7] Equipment and Manufacturing Processes - There are four main process routes for insulation glue frames: screen printing, pre-fabricated glue frame transfer, dispensing, and UV printing, with companies like Liyuanheng and DeLong Laser making advancements in these areas [1][9] - The demand for high-pressure forming and filling equipment has increased due to the need for extreme pressures (60-80 tons) in solid-state batteries, with companies like Hangke Technology being key players in this segment [1][10] Company Performance and Outlook - XianDao Intelligent secured over 400 million yuan in solid-state orders in the first half of the year, expecting to exceed 1 billion yuan for the full year, reflecting successful R&D investments [3][11] - Liyuanheng and Haimuxing are progressing well, with Haimuxing's new order growth doubling, although they expect losses this year but anticipate profitability starting next year [3][12] - Naknor's new rolling press equipment addresses material bonding issues and is participating in tenders from leading battery manufacturers [3][13] - Lianying Laser is positioned to benefit from increased precision requirements in solid-state welding, with potential for significant growth if breakthroughs are achieved [3][14] Market Trends - The lithium battery industry is recovering from previous downturns, with several catalysts for growth including policy reviews, subsidy follow-ups, and increasing demand for power and energy storage [1][15] - Most lithium battery companies have overcome their most challenging periods, with expectations for continuous improvement in financial reports [1][15]

Summary of Solid-State Battery Equipment Conference Call Industry Overview - The conference call focuses on the solid-state battery equipment industry, highlighting the performance and growth of companies like XianDao Intelligent and HangKe Technology [1][2]. Key Points and Arguments 1. **Order Growth**: XianDao Intelligent received new orders of approximately 12 billion yuan, a year-on-year increase of 70%, driven by expansion from leading electronic manufacturers [1][2]. 2. **Domestic Order Surge**: Domestic orders grew between 120% to 150%, indicating a robust recovery cycle primarily led by major battery manufacturers such as CATL, Yiwei Lithium Energy, and Guoxuan High-Tech [2][4]. 3. **International Market Performance**: The Southeast Asian market showed strong performance, with expectations for growth in the Japanese and Korean markets in the second half of the year [1][2]. 4. **Solid-State Equipment Orders**: In the first half of the year, XianDao's solid-state equipment orders reached 400 to 500 million yuan, up from 100 million yuan last year, with expectations to exceed 1 billion yuan for the full year [1][3]. 5. **Industry Growth Forecast**: The solid-state battery industry is projected to achieve over threefold growth annually in the coming years [1][3]. 6. **Technological Advancements**: The shift from traditional wet processes to dry electrode manufacturing processes is noted, with dry processes offering higher value [2][6]. 7. **Profit Recovery**: The lithium battery equipment industry showed signs of recovery, with a 11% year-on-year increase in net profit for the second quarter, and a 220% increase when excluding significant impairments from HaiMuXing [6]. 8. **Key Manufacturing Changes**: The solid-state battery production process involves critical changes in the front, middle, and back stages, with a focus on solid electrolyte membrane preparation and the introduction of isostatic pressing in the middle stage [5][9]. 9. **High-Pressure Equipment Importance**: High-pressure formation and capacity equipment are crucial for solid-state batteries, requiring 10 to 20 times the pressure compared to traditional batteries, significantly increasing equipment value [12][11]. 10. **Market Participants**: Key players in the dry electrode manufacturing process include HongGong Technology, NaKeNuo, and YinHe Technology, with Tesla being a notable early adopter of dry technology [8][10]. Additional Important Insights - **Investment Opportunities**: Investors should focus on leading solid-state battery companies and their main suppliers, as well as companies involved in critical manufacturing processes [14]. - **Future Catalysts**: Upcoming events such as the Ministry of Industry and Information Technology's mid-term review and major manufacturers' production line tenders are expected to act as catalysts for further growth in the sector [14]. - **Valuation Considerations**: Despite high static PE ratios, anticipated earnings growth in 2026 may provide room for valuation adjustments [14]. This summary encapsulates the key insights and developments in the solid-state battery equipment industry as discussed in the conference call.

Summary of Solid-State Battery Conference Call Industry Overview - The focus is on the solid-state battery industry, which utilizes non-flammable solid electrolytes to enhance safety and reduce risks of short circuits and combustion [1][3][4]. Key Points and Arguments 1. **Safety and Performance**: Solid-state batteries significantly improve safety by suppressing lithium dendrite growth, which is a common issue in traditional liquid batteries [1][3]. 2. **Dry Process Advantages**: The dry process in solid-state battery production eliminates solvents, avoiding side reactions associated with wet processes, making it particularly suitable for moisture-sensitive all-solid sulfide routes [1][5]. 3. **Technological Breakthroughs**: Key technologies in dry process fiberization equipment include binder nanofiberization, nano-level grinding, and integrated coating head and membrane preparation, which require high precision in pressure, temperature, and accuracy [1][6]. 4. **High-Pressure Formation Equipment**: The backend process of solid-state batteries necessitates high-pressure formation equipment to ensure tight interfaces and avoid gas bubbles that can hinder lithium ion conduction [1][13]. 5. **Market Leaders**: Leading companies in the dry electrode forming equipment sector include Naknor and Mannesmann, which have developed composite machines and secured contracts with major battery manufacturers [1][8]. Additional Important Content 1. **Production Process Differences**: Solid-state batteries are transitioning from traditional winding processes to stacking processes, which optimize interface contact and reduce interface resistance, enhancing overall performance [1][10]. 2. **Industry Growth Projections**: Major manufacturers like BYD, CATL, and Guoxuan High-Tech are ramping up production with pilot lines, with expectations to achieve mass production by 2027 [2][14]. 3. **Equipment Demand Surge**: The equipment sector is expected to benefit first from the solid-state battery industry's growth, with significant demand for specialized equipment during the pilot phase [15]. 4. **Investment Risks**: Investors should be aware of risks such as slower-than-expected technological advancements and increased industry competition, which could impact order stability [19]. 5. **Investment Opportunities**: Recommended companies for investment include those with technological breakthroughs in core equipment, such as Naknor, Mannesmann, and leading firms with strong order visibility [20]. Conclusion The solid-state battery industry is poised for significant growth, driven by technological advancements and increasing production capabilities. The equipment sector is expected to see early benefits, with a focus on companies that can navigate the technological and competitive landscape effectively.

6月会议预告 2025高工钠电 产业峰会 主办单位： 高工钠电、高工产业研究院（GGII） 总冠名： 众钠能源 会议时间： 6月9日 会议地点： 苏州香格里拉大酒店（苏州虎丘区塔园路168号） 2025高工固态电池 技术与应用峰会 主办单位： 高工锂电、高工储能、高工产业研究院（GGII） 总冠名： 利元亨 会议时间： 6月10日 会议地点： 苏州香格里拉大酒店（苏州虎丘区塔园路168号） 利元亨作为一家高度重视全球能源低碳发展的中国新能源装备第一梯队企业，也是全球新能源 AI 智慧整厂解决方案先进企业之一，本次以"智驱未 来，赋能全球"为主题，携多款实体装备、创新技术、整线解决方案等亮相 CIBF 2025 展会，与全球客户共同探索电池智能制造装备行业的发展与未 来。 全场景整线矩阵：新能源极限智造 展会期间，利元亨全景展示了覆盖新能源全产业链的整线解决方案，涵盖固态电池、动力及储能和 3C 数码锂电池数智整厂解决方案，以及智慧物流 全场景解决方案。 其中，重点展出了双层高速涂布机、高速切叠一体机、模组 PACK 线、电芯组装线等核心装备，并融合 EIS 检测、激光焊接技术、工业 CT 等视觉 技术、超声波 ...

Core Viewpoint - The article discusses the launch of Zhuhai's long-term development plan for the solid-state battery industry, highlighting key companies and their technological focuses, indicating a significant push in this emerging field in China [1][2]. Summary by Sections Key Companies - Xinjie Energy focuses on oxide solid electrolytes and lithium metal anode technology, achieving an impressive energy density of 480Wh/kg for its "Falcon" lithium metal solid-state battery, with plans to produce a 5GWh production line this year [2]. - Gaoneng Times is developing sulfide solid-state batteries, having completed the development of a 20Ah solid-state cell and plans to establish a 300MWh pilot production line in collaboration with Nanfu Battery by 2025 [2]. - Zhuhai Guanyu has not publicly disclosed its solid-state battery technology but has indicated promising safety and cycle life in its laboratory samples, warranting future attention [3]. Development Goals - The plan aims to cultivate semi-solid batteries with energy densities exceeding 350Wh/kg and all-solid batteries over 400Wh/kg, promoting applications in various sectors including energy storage and consumer electronics [3][4]. - The strategy emphasizes innovation through "solid-state battery + new scenarios" to expand application ranges [4]. Technological Focus - The plan highlights the need to overcome challenges in the mass production of ultra-thin solid electrolyte membranes and to develop low-energy, low-cost, high-performance production equipment [5]. - Key equipment mentioned includes dry coating devices and high-pressure formation equipment, with a forward-looking approach to next-generation battery production technologies [5]. Phased Development Approach - Short-term goals (by 2027) include focusing on key materials and technologies, establishing research centers, and nurturing influential solid-state battery companies [5]. - Long-term goals (by 2030) aim for significant breakthroughs in industrialization, enhancing the technology level of key materials and equipment, and achieving mass product delivery [5]. Financial Support - Zhuhai plans to attract various investment institutions to provide comprehensive financial services for solid-state battery companies, encouraging financing through accounts receivable and inventory pledges [6]. - The action plan serves as a model for other regions in China, aiming to enhance the role of solid-state batteries in the energy sector [6].