Yuanxin Yongfeng Fund Manager Dang Wei: Commercialization of solid-state batteries is approaching, optimistic about the bottoming out and rebound of the lithium battery industry.

In recent times, there has been much attention on the industrialization process of solid-state batteries. Party Wei, manager of Yuanxin Yongfeng High-end Manufacturing Fund, stated that the bottom of the lithium battery industry cycle has been reached, and the industrialization of solid-state batteries is gradually approaching. After a three-year downturn, the bottom of the lithium battery industry chain profitability has become very obvious, with confirmation of a rebound expected in the third quarter of 2024. With strong promotion of the solid-state battery industry and policies both domestically and internationally, 2025 is expected to be a critical period for pilot testing, with 2026 predicted to be the year for mass production. Overall, there is optimism for the current industry cycle bottom rebound, combined with the sector opportunities brought about by product innovation cycles.