Financial Services Association, April 10 (Editor Xuan Lin) Solid-state battery concept stocks have been speculating one after another, and the three major bullish stocks all issued change announcements after the market to suggest risks. At the close of the day, Sanxiang New Materials announced that the company's main business is R&D, production and sales of new industrial materials such as zirconium products and cast modified materials. Zirconium-based materials in the solid state battery field are the downstream application of zirconium products. The company and downstream customers are still in the product sample delivery testing and optimization stage, and large-scale sales have not yet been formed. Business revenue in this area is expected to account for less than 1% of main revenue, and the impact on the company's short-term performance is limited.

According to Jiebang Technology's announcement, which closed at 20CM, carbon nanotube products used in solid-state batteries are still in the laboratory preparation stage and have not contributed to revenue. In terms of expected results, there is a risk that results will not meet expectations or R&D will fail. There is uncertainty about whether customer approval will be obtained in the future, and there is uncertainty about future economic benefits and the impact on the company's performance.

Zijiang Enterprise announced today that the main product of Shanghai Zijiang New Material Technology Co., Ltd., the holding subsidiary of the company, is lithium battery aluminum-plastic film. Cooperation with customers in the solid state and semi-solid state battery sector is still in the product sample delivery testing and optimization stage, and large-scale sales have not yet been formed. The business revenue in this field accounts for a very small proportion of the main revenue, and the impact on the company's short-term performance is limited.

According to reports, on July 6, 2023, Sanxiang New Materials announced on the interactive platform that it will participate in investing in Foshan Tuopu Technology Co., Ltd. to jointly develop solid state battery electrolyte materials such as oxides and industrialize them. On March 28 this year, the company stated on the interactive platform that it has provided mature mass-produced zirconium-based material products to solid state battery manufacturer Qingtao Energy. Meanwhile, the Zhiji L6 supplied by Qingtao Energy recently unveiled the industry's first quasi-900V ultra-fast charging solid-state battery, sparking the solid-state battery boom. It is worth noting that since March 29, Sanxiang New Materials has disclosed 5 changes or risk warning announcements, all of which emphasize that business revenue in the solid-state battery sector has limited impact on performance.

Jiebang Technology said on an interactive platform on April 3 that the company can customize and develop carbon nanotube products used in solid-state batteries according to customer needs. According to data, the cathodes used in solid-state batteries cover lithium-ion battery cathodes, sulfur, etc., while the negative electrodes are IVA groups such as carbon/silicon/tin, metal oxides, and lithium. In addition to lithium anodes, most other positive and negative electrode materials have the problem of low electronic conductivity, and chemically inert carbon conductive agents need to be added. Carbon nanotubes have obvious advantages over traditional conductive agents in terms of mechanics, electricity, heat, and chemical stability, and have great potential for application in solid-state batteries. As of the third quarter of 2023, Jiebang Technology's main customers in the carbon nanotube business were Penghui Energy, Zhengli Xinneng, Polyfluoride, Funeng Technology, etc., and Ningde Era customer products are in the verification and small-scale delivery testing stage. In terms of performance, the company expects a net loss of 45 million yuan to 57 million yuan in 2023.

Zijiang Enterprise's 2019 annual report shows that it has a patent for an aluminum-plastic packaging film for solid-state lithium batteries. Xu Linfeng of Huaxi Securities said in a research report on August 29, 2023 that Zijiang Enterprise is the first company in China to develop an aluminum-plastic film process and has mass production capacity. The development process is also the closest to the Japanese and South Korean aluminum-plastic film companies, and it has the conditions to become a leading domestic aluminum-plastic film company. As the high-grade aluminum-plastic film business officially enters the power battery circuit, the company's performance is expected to grow rapidly with Dongfeng New Energy. Zijiang enterprises recently disclosed their annual report. In 2023, it achieved operating income of 9.116 billion yuan, a year-on-year decrease of 5.13%, and net profit of 560 million yuan, a year-on-year decrease of 7.24%. Among them, aluminum-plastic film production and sales increased by more than 20%, and annual sales reached 51.66 million square meters.

According to the three-day ranking data disclosed after the Sanxiang New Materials market, Dragon Tiger's net capital sales were 31.0942 million yuan. Well-known investors ranked in buying two seats, quantitative funds ranked in selling five seats, and a newcomer ranked buying four and selling two.

According to the three-day ranking data released by Jiebang Technology after the market, Dragon Tiger had a net capital purchase of 478.864 million yuan. Well-known tour operators and the Sunan Gang ranked buy four and buy five, and agencies ranked in selling one seat.

According to the three-day list data released by Zijiang enterprises after the market, Dragon Tiger's net capital sales were 21.1074 million yuan. Well-known travel investors from Shandong ranked in buying three seats, while institutions and northbound capital ranked in selling three and four.

Furthermore, according to incomplete statistics from the Financial Federation, five listed companies, including Zhengqiang Co., Ltd., Yongxing Materials, Huasu Technology, Yingli Co., Ltd., and Han Cable Co., Ltd. all indicated no solid state battery related business on an interactive platform after the market.