Guojin Securities: breakthrough in solid-state battery technology and explosive demand for energy storage, optimistic about the entire lithium battery industry chain.

Guojin Securities research report points out that at the current key node of energy structure transformation, the lithium battery industry chain is facing unprecedented development opportunities, driven by the resonance of technological revolution and market demand. In terms of technology, the substantial breakthrough in solid-state battery technology is restructuring the industry's ceiling. In terms of the market, the explosive growth of the global energy storage market provides the lithium battery industry with capacity space beyond expectations. Technological breakthroughs and demand explosions form a positive cycle, energy storage systems are highly sensitive to cycle life and cost, which is exactly the next stage of goals that can be solved by the scale of solid-state battery technology; while the huge application scenarios and capital inflows provided by the energy storage market, in turn, accelerate the research and industrialization process of advanced technologies such as solid-state batteries. The lithium battery industry chain is expected to see a revaluation of value in this wave.