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Jiangsu Azure Corporation (002245.SZ): Currently, there is no mass production of solid state batteries.
Jiangsu Azure Corporation (002245.SZ) stated on the investor interactive platform on September 5th that the company currently does not produce solid state batteries. The company's lithium battery products are cylindrical lithium batteries, mainly used in electric tools, cleaning appliances, electric motorcycles, and other fields.
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Jiangsu Azure Corporation (002245.SZ): Subsidiary receives government subsidy of 10 million yuan.
On July 30th, Gelonhui reported that Jiangsu Azure Corporation (002245.SZ) announced that its wholly-owned subsidiary, Tianpeng Lithium Technology (Huai'an) Co., Ltd. (hereinafter referred to as Tianpeng Lithium), has recently received 10 million yuan of industrial support funds allocated by the Finance and Asset Management Bureau of Qingjiangpu Economic Development Zone in Huai'an, Jiangsu. This subsidy fund is related to government subsidies related to assets, and Tianpeng Lithium has actually received the payment and confirmed it as deferred revenue.
Jiangsu Azure Corporation (002245.SZ) expects that the ratio of the company's two rounds of orders will increase rapidly in the next two years.
Jiangsu Azure Corporation (002245.SZ) disclosed the activity record of investor relations, showing that the electric tool sector, apart from its application in EVs, is still the largest application scenario so far. This situation determines that tools are still the highest scene in the company's proportion in the future for a period of time. The application growth rate of two-wheeled vehicles is relatively fast in the past two years. The company's earliest layout was various products of electric bicycles applied in the subdivision application, but in these two years, affected by the European purchase decline and the de-stocking of terminal products, it is expected to take until 2025 to see a significant recovery in orders. The increase in demand for electric motorcycles is relatively fast. The company's two-wheeled orders are expected to be
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