Zhejiang Tiantie Industry (SZ:300587)2025-05-21 00:36Group 1: Company Overview - Zhejiang Tiantian Technology Co., Ltd. is involved in lithium production, with a focus on expanding its new energy business [1][2]. - The company’s Hujiang factory commenced operations in the first half of 2022, with trial production of lithium metal lines starting in October 2024 [2][3]. Group 2: Production Capacity and Future Plans - The company plans to begin trial production of lithium chloride and battery-grade lithium carbonate lines soon, aiming for a significant increase in lithium compound production capacity [2][3]. - Once fully operational, the lithium production capacity is expected to achieve a leap forward, laying a solid foundation for future expansion in the new energy sector [3]. Group 3: Applications of Lithium Products - Lithium metal is categorized into industrial-grade and battery-grade, with the latter primarily used as anode material in new energy solid-state batteries [3]. - The energy density of lithium metal makes it a promising candidate for solid-state battery anodes, especially for batteries exceeding 400 Wh/kg, enhancing energy density and endurance [3]. Group 4: Customer Base and Market Expansion - The company has established connections with various downstream customers, including lithium battery cell manufacturers, pharmaceutical companies, synthetic rubber firms, and electronic material enterprises [3]. - Ongoing efforts are being made to actively expand the customer base within the industry [3].