Core Viewpoint - The article highlights the advancements and strategic positioning of Guoxuan High-Tech in the battery industry, particularly focusing on solid-state and semi-solid-state battery technologies, as well as their applications in various sectors such as commercial vehicles and energy storage [3][27]. Group 1: Solid-State Battery Innovations - Guoxuan High-Tech has made significant breakthroughs in solid-state battery technology, with the introduction of the Jinshi solid-state battery, which has achieved a 60% increase in ionic conductivity and improved air stability [5][6]. - The company has established its first solid-state experimental line with a design capacity of 0.2 GWh, achieving a 90% yield rate and demonstrating enhanced safety performance through rigorous testing [6][10]. - The Gyuan semi-solid-state battery, with an energy density of 300 Wh/kg, addresses range anxiety by enabling electric vehicles to achieve a range of 1000 kilometers [8][10]. Group 2: Commercial Vehicle Applications - The Gxing Super Heavy Truck standard box has set a new industry benchmark with a single package energy capacity of 116 kWh and an energy density of 175 Wh/kg, addressing challenges in the electrification of commercial vehicles [11][13]. - This battery system incorporates advanced charging technologies, achieving a 30% increase in charging efficiency and maintaining performance even in extreme low temperatures [13]. - The Gxing standard box features a "zero degradation" technology, allowing for 3000 cycles with no capacity loss, thus providing a lifespan of 12 years and supporting over 120,000 kilometers of driving [13]. Group 3: Energy Storage Solutions - Guoxuan High-Tech has launched the Qianyuan Smart Storage 20MWh battery system, which boasts a 25-year design life and a seven-level safety protection system, addressing the growing demand for high-capacity and reliable energy storage solutions [15][17]. - The company has received over 6 GWh in orders for this storage system, indicating strong market interest and potential for growth in the energy storage sector [17]. Group 4: Manufacturing Efficiency and AI Integration - The introduction of the Axtrem industrial AI system has significantly improved production efficiency by 20% and reduced costs by 20%, addressing the challenges of maintaining quality while scaling production [22][25]. - The AI system predicts potential quality issues and optimizes equipment parameters, ensuring stable production and minimizing defects [25]. Group 5: Strategic Vision and Market Positioning - Guoxuan High-Tech aims to achieve full-chain innovation by integrating domestic equipment, material innovations, and application scenarios, moving towards the goal of industrializing the "ultimate battery" [27]. - The company is positioned to capitalize on the growing demand for electric commercial vehicles, forecasting a 30% annual growth rate in the sector over the next five years [13][20].

5月16日至17日，国轩高科举办2025全球科技大会。本次大会上，国轩高科集中发布了金石全固态电池、续航达1000公里的G垣准固态电池、可 连续使用12年的G行重卡标准箱等六款电池新品，展现了国轩高科在各个领域的深度布局。 ■ 全固态与准固态电池双突破，引领未来技术路线 2024年国轩高科首次发布金石全固态电池，2025年实现质的飞跃。据国轩高科全固态电池研发负责人潘瑞军介绍：相较2024年，金石电池单体容量提升 150%，预紧力下降90%，顺利通过针刺、热箱、外短、过充、挤压等安全测试，综合性能全方位提升。此外，国轩高科首条全固态实验线正式贯通，设计 产能达0.2GWh，实现100%核心设备国产化率，100%线体自主开发，良品率达90%，产品已开展装车测试。 除了金石全固态电池，国轩高科此次还首次发布了G垣准固态电池，以300Wh/kg的能量密度，将纯电轿车的续航里程推至1000公里。国轩高科首席科学 家朱星宝在发布仪式上透露，国轩高科已规划建设12GWh准固态电池产线，"搭载G垣准固态电池的'001'号样车总里程已经超过一万公里 "。 全固态电池和准固态电池的同台亮相，国轩高科在布局一盘怎样的棋局？朱星宝 ...

Investment Rating - The report maintains a "Recommendation" rating for the electric vehicle industry, expecting the industry index to rise more than 5% over the next 3-6 months compared to the benchmark index [58]. Core Insights - Guoxuan Technology launched six new products, including the G Yuan solid-state battery and the Axtrem digital solution, showcasing advancements in battery technology and manufacturing equipment [10][11]. - The electric new energy sector saw a weekly increase of 1.43%, outperforming the CSI 300 index by 0.32 percentage points, ranking 8th among 30 industry sectors [11][12]. - The report highlights a potential recovery in profitability for the electric vehicle sector, driven by growth in both European and domestic markets, particularly in extended-range passenger vehicles and pure electric commercial vehicles [3]. Summary by Sections Section 1: New Product Launches - Guoxuan Technology introduced six major products, including the G Yuan solid-state battery with a range exceeding 1000 km and the world's first LMFP supercharging cell [10]. - The dry electrode equipment from Guan Hong Intelligent supports multiple technology routes, achieving industry-leading performance metrics [10]. Section 2: Market Performance - The electric new energy sector's performance was strong, with lithium batteries, solar energy, and nuclear power leading the gains [11]. - The report notes that 190 stocks in the electric vehicle sector had 95 gainers and 85 losers, with notable performers including Xingyun Co. and Longpan Technology [15]. Section 3: Valuation Analysis - As of May 16, 2025, the electric new energy sector's valuation stood at 58x, significantly higher than the CSI 300's 13x, indicating strong investor interest [22]. - The report provides detailed valuations for key companies, with CATL's market cap at 114.21 billion and a PE ratio of 21.1x for 2023 [28]. Section 4: Lithium Battery Supply Chain Tracking - The report tracks price changes in key battery materials, noting a 2.7% decrease in battery-grade lithium carbonate prices and a 5.26% drop in lithium iron phosphate prices [29]. - It highlights the global market dynamics, with lithium iron phosphate batteries accounting for 51.5% of the installed capacity in Q1 2025 [45]. Section 5: Important Company Announcements - Key announcements include Dragon Power Technology's stock option cancellation and CATL's investment in a carbon-neutral fund [42]. - The report emphasizes the strategic moves by companies to enhance their market positions and adapt to industry trends [42].

Investment Rating - The report maintains a "Recommendation" rating for the electric vehicle industry, expecting the industry index to rise more than 5% over the next 3-6 months compared to the benchmark index [58]. Core Insights - Guoxuan Technology launched six new products, including the G Yuan solid-state battery and the Qicheng second-generation battery cell, showcasing advancements in battery technology and manufacturing equipment [10][11]. - The electric new energy sector saw a 1.43% increase this week, outperforming the CSI 300 index by 0.32 percentage points, ranking 8th among 30 industry sectors [11][12]. - The lithium battery supply chain is experiencing a recovery, with expectations for profitability to stabilize in the coming years, driven by growth in both European and domestic markets [3]. Summary by Sections Section 1: New Product Launches - Guoxuan Technology's six new products include: 1. G Yuan solid-state battery with over 1000 km range 2. Qicheng second-generation battery cell, the world's first LMFP supercharging cell 3. G Xing super heavy-duty truck standard box with 116 kWh capacity 4. Qianyuan intelligent storage 20MWh battery system 5. Axtrem digital solutions for industrial AI in lithium battery production 6. Jinshi all-solid-state battery with 100% domestic core equipment [10]. Section 2: Market Performance - The electric new energy sector's performance this week was highlighted by: - Lithium battery sector leading with a 3.85% increase - Solar energy sector up by 2.97% - Nuclear power sector up by 1.82% - The worst performers included comprehensive energy equipment down by 1.42% and storage down by 1% [11][12]. Section 3: Valuation Analysis - As of May 16, 2025, the electric new energy sector's valuation stands at 58x, ranking 6th among all sectors, while the CSI 300 index is at 13x. Specific segments like electric motors and storage have higher valuations at 313x and 206x respectively [22][24]. Section 4: Lithium Battery Supply Chain Tracking - Key price movements in the lithium battery supply chain include: - Battery-grade lithium carbonate down 2.7% to 64,900 CNY/ton - Iron lithium phosphate down 5.26% to 31,500 CNY/ton - Copper foil prices increased by 0.36% to 98,500 CNY/ton [29][31]. Section 5: Important Company Announcements - Notable announcements from companies include: - Longpan Technology completed the cancellation of stock options - Ningde Times announced participation in an investment fund focused on carbon neutrality [42]. Section 6: Industry Dynamics - The first quarter of 2025 saw global lithium iron phosphate battery installations reach 51.5% of total installations, with significant growth in sales of new energy vehicles [45].

Core Viewpoint - Guoxuan High-Tech held the 2025 Global Technology Conference, showcasing six new battery products, including the long-awaited all-solid-state battery, which has entered the pre-production phase [1] Group 1: All-Solid-State Battery - The Jinshi all-solid-state battery has achieved a 60% increase in ionic conductivity of sulfide electrolytes and significant improvements in air stability and electrode material capacity [2] - The first pilot line for the all-solid-state battery has a design capacity of 0.2 GWh and has achieved a 90% yield rate through advanced coating technologies [2] - The battery has undergone extreme testing, showing a 150% increase in single-cell capacity and a 90% reduction in pre-tension, enhancing safety performance [2] Group 2: G Yuan Semi-Solid-State Battery - The G Yuan semi-solid-state battery features a 300 Wh/kg energy density, enabling electric vehicles to achieve a range of 1000 km [5] - It incorporates a solid-state design that ensures safety even under extreme conditions, such as puncture by a 3mm steel needle [5] - Guoxuan High-Tech plans to build a 12 GWh production line for the G Yuan semi-solid-state battery, with a prototype vehicle already exceeding 10,000 km in total mileage [5] Group 3: G Xing Super Heavy Truck Standard Box - The G Xing battery has a single package capacity of 116 kWh and achieves megawatt-level rapid charging, improving charging efficiency by 30% [7] - It features a "zero degradation" technology that maintains capacity over 3000 cycles, supporting a lifespan of 12 years and over 1.2 million kilometers [7] - The product is designed for various heavy-duty applications, with immediate mass production and application planned [7] Group 4: Qian Yuan Smart Storage 20MWh Energy Storage System - The energy storage system has a capacity of 20 MWh and a design life of 25 years, leading the global market [9] - It includes a seven-level safety protection system to enhance operational safety in extreme environments [9] - The product has received over 6 GWh in orders and aims to promote the development of the energy storage industry by sharing its integrated patents [9] Group 5: Qi Chen Second-Generation Battery - The Qi Chen battery utilizes self-developed manganese iron lithium materials, achieving a high energy density of 240 Wh/kg and a 93% capacity retention at -20°C [11] - It supports fast charging within 10 minutes and meets the range requirements for electric and hybrid vehicles [11] - The battery has successfully passed rigorous thermal runaway tests, ensuring safety and reliability [11] Group 6: Axtrem Intelligent Solution - The Axtrem solution addresses the challenges of production yield, efficiency, and cost control in lithium battery manufacturing [12][13] - It aims to free human resources from repetitive tasks, allowing focus on innovation and decision-making in the green energy sector [13] Group 7: Company Vision - Guoxuan High-Tech's chairman emphasized the company's commitment to integrating into the global supply chain and contributing to the development of green energy [15]

关注公众号，点击公众号主页右上角" ··· "，设置星标 "⭐" ，关注 鑫椤锂电 资讯~ 本文来源： 国轩高科 5月16日至17日，国轩高科在安徽合肥 举办 的 2025全球科技大会上，推出涵盖动力电池、储能系统、智能制造等 领域在内的六大新品。诺贝尔物理学奖得主， 英国 曼彻斯特大学教授 Konstantin Novoselov，大众汽车集团（中 国）执行副总裁Olaf Korzinovski等嘉宾云集，共同见证国轩高科技术新突破。 作为备受关注的全固态电池产品， 2024年首次发布的 金石电池 ，国轩高科表示 2025年其已实现质的飞跃。 发布会现场，金石全固态电池研发负责人潘瑞军博士透露： "此条实验线核心设备国产化率达100%，目前已开始装 车 路测 。 " 这份国轩高科献给未来的 "技术信物"，让 人类对终极电池的想象终于触手可及 。 针对储能领域，国轩高科推出的 " 乾元智储 20MWh储能电池 系统 "，以全球最大单舱容量和长达25年设计寿命的 核心优势，获得中国化学与物理电源行业协会组织的科技成果鉴定会评定的"国际领先"水平。据国轩高科储能研究院 院长张东升透露，目前该产品已获得超过6GWh ...

Core Viewpoint - The article highlights the significant advancements in battery technology showcased by Guoxuan High-Tech at the 2025 Global Technology Conference, emphasizing the introduction of innovative products such as all-solid-state batteries and high-performance energy storage systems [1][2][4][8]. Group 1: New Product Launches - Guoxuan High-Tech launched six new battery products, including the long-awaited all-solid-state battery, which is now in the pre-production phase [1]. - The G Yuan quasi-solid-state battery was introduced, boasting a range of over 1000 kilometers and passing rigorous safety tests [4]. - The world's first single-pack 116kWh G Xing battery was unveiled, achieving an energy density of 175Wh/kg and setting a new industry benchmark [6]. Group 2: Technological Innovations - The Jinshi all-solid-state battery features a 60% increase in ionic conductivity and a significant enhancement in air stability, with a 150% increase in single-cell capacity [2]. - The G Yuan quasi-solid-state battery incorporates a unique adaptive solid-solid interface technology, ensuring stable and efficient operation throughout its lifecycle [4]. - The Qian Yuan Zhi storage system offers a modular design with a capacity of 20MWh and a lifespan of 25 years, recognized as internationally leading in technology [8]. Group 3: Market Impact and Future Plans - Guoxuan High-Tech has planned a 12GWh production line for the G Yuan quasi-solid-state battery, with over 10,000 kilometers already tested on the prototype vehicle [4]. - The company has received over 6GWh in orders for the Qian Yuan Zhi storage system, indicating strong market demand [8]. - The introduction of the Axtrem industrial AI solution aims to enhance production efficiency and quality in lithium battery manufacturing [12].