According to a statement on November 20 by zhejiang narada power source (300068.SZ) on the investor interaction platform, the company has developed a 20Ah solid state battery based on a high nickel ternary positive electrode and a confined growth silicon-carbon negative electrode system, achieving an energy density of up to 350Wh/kg and a cycle life of 2000 times. The battery has passed safety performance tests such as extrusion and short circuit, all meeting national standards, and will not catch fire or explode. The solid state battery business will not have a significant impact on the performance for the year 2024.