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Changes in Hong Kong stocks | Pilot Intelligence (00470) rises more than 10% Battery Industry 15th Five-Year Plan promotes the development of the company's continuous iteration of the core solid state battery production process
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The Zhitong Finance App learned that Pilot Intelligence (00470) rose by more than 10%. As of press release, it had risen 10.21% to HK$30.02, with a turnover of HK$123 million.

According to the news, the “Fifteenth Five-Year Plan for the Development of the New Battery Industry” jointly issued by seven departments including the Ministry of Industry and Information Technology proposes the initial large-scale application of all-solid-state batteries and the long-term cycle life of lithium batteries reaching 15,000 cycles by 2030, and to continue to build a standard system for lithium batteries and promote standard development in key areas such as all-solid-state batteries and sodium batteries. Debon Securities pointed out that the proposal focuses on the solid-state battery industry chain, covering upstream materials such as solid electrolytes, midstream equipment such as isostatic pressure and dry electrodes, and technology-leading battery manufacturers.

According to reports, the pioneer intelligently constructs a full-line solution covering the entire solid-state battery mass production process to achieve full process completion and full coverage of key equipment in each core section. In the first half of this year, the company launched a variety of standardized mass-production-grade core equipment such as dry coating equipment, high-solid circulation kneading and dispersing equipment, solid-state slitting integrated equipment, and temperature-isostatic pressure equipment. In the second quarter of this year, the company continued to receive core orders from leading domestic and foreign battery companies and automakers. The products covered the entire chain of core process equipment such as dry electrodes, electrolyte coating, transfer printing, solid state lamination, and thermostatic pressing.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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