Wuxi Lihu Corporation (300694.SZ) announced that the company has signed an agreement with High Energy Era (Shenzhen) New Energy Technology Co., Ltd. (referred to as...
The announcement from Wuxi Lihu Corporation (300694.SZ) states that the company has signed a "Cooperation Agreement" with High Energy Era (Shenzhen) New Energy Technology Co., Ltd. (referred to as "High Energy Era"), jointly investing to establish a limited liability company as a joint laboratory platform to develop industrialization technology related to all-solid-state sulfide battery. The registered capital of the project company is 22 million RMB, with High Energy Era contributing 12 million RMB, accounting for 54.55% of the project company's registered capital; Wuxi Lihu Corporation contributing 10 million RMB, accounting for 45.45% of the project company's registered capital.
The announcement indicates that all-solid-state batteries are recognized as the next generation of battery upgrade technology in the industry. Its main core is to address the frequent safety accidents such as fire and explosion in conventional liquid batteries on the market. Currently, the so-called "solid-state batteries" with mass production capabilities are actually "semi-solid" batteries, still containing 5%-10% electrolyte content, far from meeting the national requirements for application testing standards in terms of safety. The announcement states that the company has chosen a domestically advanced all-solid-state battery research institution for joint research and development, which can provide opportunities for future industrial cooperation in all-solid-state batteries, help deepen the company's understanding of the industry and technology, and reserve related technologies for potential industrial upgrading and transformation in the future.