Guotai SeaTrend Securities: Enterprises that are strategically positioning themselves in the lithium sulfide market are expected to benefit as demand for solid-state batteries gradually increases.

Guotai Haitong Securities believes that sulfide solid electrolytes are expected to become the mainstream choice for all-solid-state batteries due to their superior comprehensive performance. Among them, lithium sulfide is the core raw material of sulfide solid electrolytes, with vast potential market space, attracting many companies to layout. The mainstream preparation routes of lithium sulfide can be divided into three categories: solid phase method, liquid phase method, and gas phase method. With the gradual rise in demand for solid-state batteries, enterprises that plan ahead for lithium sulfide are expected to benefit.