Bubble Finance learned that on September 29, Funeng Technology (688567. SH) signed a strategic cooperation agreement with Jiangling Group New Energy on solid-state batteries, and the launching ceremony of the SPS battery pack of Jiangling Group's new energy "Yi" model was held at the new base of Funeng Technology in Ganzhou.

This strategic signing will accelerate the industrialization and commercialization of solid-state battery technology, promote technological innovation and industrial upgrading, create a green, efficient and intelligent new travel experience for users, contribute wisdom and strength to the development and prosperity of the new energy industry, and help the electrification of transportation and green energy.

Solid-state batteries are regarded as the commanding heights of new energy vehicle technology competition due to their advantages of high energy density, fast charging, long cycle life and higher safety. Funeng Technology has been deeply engaged in electrochemical system and pouch lamination process for many years, which is perfectly suitable for the development path of solid-state batteries. In terms of product development strategy, Funeng Technology takes future-oriented high-energy, high-rate, high-safety and low-cost solid-state batteries as its medium and long-term R&D goals, and transforms the phased R&D results in a timely manner to form a product system such as ternary, lithium iron phosphate, and sodium ion.

In addition, the launch of the SPS battery pack of Jiangling Group's new energy "Yi" model means that Funeng Technology's SPS has been launched after the supply of Geely Radar Horizon and GAC Aion's Tyrannosaurus Rex models. The battery solution has the advantages of high safety, light weight, high grouping, high adaptability, and low cost, helping the vehicle to achieve long battery life, release more space for the car, and achieve safer and more efficient travel.

Funeng Technology is a comprehensive energy solution provider, mainly engaged in the research and development, production and sales of power batteries for new energy vehicles, vehicle battery systems, energy storage batteries and systems, and emerging business products. The company's products have long focused on ternary power batteries, and at the same time actively expanded the cells, modules and battery packs of lithium iron phosphate, sodium-ion and other power batteries, and has become one of the world's leading companies in ternary soft-pack power batteries.

According to Huachuang Securities, Funeng Technology has successfully developed a number of internationally competitive new energy battery products through continuous technology research and development; The company's products are also used in new energy vehicles, energy storage, power tools, drones and other markets.

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