[SMM New Energy] State-owned ESS firm debuts on STAR Market, surges ~600% on day one; market cap tops RMB100B

On February 6, the Taiji Digital Energy Ying County Sodium-Ion Battery Zero-Carbon Industrial Park project was filed. The project has a total investment of 1 billion yuan and is invested and constructed by Taiji Digital Energy (Shuozhou) Technology Co., Ltd. The construction site is located in the Building Ceramics Industrial Park of Ying County Economic and Technological Development Zone, Shuozhou City, Shanxi Province. The project involves the construction of one highly automated large cylindrical sodium-ion battery intelligent production line and one automated sodium-ion battery intelligent module (PACK) production line. Major equipment to be procured includes high-efficiency dual planetary mixers, fully automatic double-layer extrusion coating machines, fully automatic rolling machines, fully automatic slitting machines, fully automatic winding machines, automatic assembly lines, fully automatic high-precision liquid injection systems, high-precision charge/discharge cabinets (formation cabinets), constant temperature storage cabinets, X-RAY detection machines, short-circuit testers & OCV testers, helium leak detectors, cleaning and film sleeving machines, and automatic laser welding machines.

On February 10, Contemporary Amperex Technology Co., Limited (CATL) issued an announcement stating its intention to publicly issue the first tranche of science and technology innovation corporate bonds for 2026 to professional investors, with an issuance scale not exceeding 5 billion yuan (inclusive). After deducting issuance expenses, the funds raised from these bonds will primarily be used for science and technology innovation initiatives aligned with national strategies, including the construction and operation of projects related to power batteries and energy storage batteries.

On February 10, news emerged that Defang Nano disclosed its lithium replenishment enhancer can improve the cycle performance, calendar life, and energy density of various lithium-ion batteries. It also effectively enhances fast-charging performance, boosts cell energy efficiency, improves low-temperature performance, enhances charge-discharge efficiency, and reduces battery self-discharge, giving it first-mover and performance-leading advantages. The company's lithium replenishment enhancer has secured an increasing number of exclusive designated projects and has achieved batch applications in power batteries, energy storage batteries, 3C devices, and semi-solid-state batteries.