On December 16, Glonghui announced that West Dian New Energy (603312.SH) has made significant progress in its signal acquisition component FCC technology after more than three years of product, process research and equipment development. The company is entering an entirely new field—self-research and production of upstream supply chain FCC for the battery connection system CCS, which is expected to replace most of the FPC used in the battery connection system with self-made FCC in the next 2-3 years.

Currently, most battery connection systems CCS use FPC as voltage and temperature acquisition components, which are costly, accounting for more than 50% of the total CCS cost. Furthermore, FPC manufacturing involves complex processes such as chemical etching, which has a certain environmental impact. The new FCC product utilizes an all-physical process, with no chemical etching and no pollution, resulting in efficient production, and will lead to a significant decrease in costs compared to FPC. Coupled with the company's innovative film and direct soldering CCS grouping technology, the overall cost of the battery connection system CCS will decrease further, providing high-quality, reliable, low-cost solutions for power batteries and energy storage fields, thus giving the company a greater competitive advantage.

The FCC signal acquisition component consists of flexible line array FFC + voltage acquisition branch FDC + temperature acquisition branch + connectors, and integrates these four sub-components into a complete FCC signal acquisition component through the company's unique grouping process. The company has completed all product design and process development. Key equipment has been designed and manufactured by the company's automation team, with completely independent intellectual property rights.

By December 2024, the company has completed the manufacturing and debugging of four complete FCC production lines, capable of supplying 0.12 million units of FCC per year. The company plans to invest its own funds to build another 20 FCC production lines in 2025, aiming for a capacity of 0.72 million units of FCC per year. In 2026, the company will continue to increase the FFC production lines based on market demand, reaching a capacity of 2 million units of FCC per year.