[Solid-State Battery: SES AI H1 Revenue Up 26%, Reiterates Full-Year Revenue Guidance of $30-35 million

[Solid-State Battery: Tianqi Lithium Expected to Post an H1 Net Profit of 2.85-4.25 billion yuan; Surging Lithium Chemicals Prices Drive a Sharp Earnings Jump] On July 14, 2026, Tianqi Lithium (002466) released its 2026 interim performance forecast. During the reporting period, the company expected attributable net profit of 2.85-4.25 billion yuan, up 3,276.35% to 4,934.91% YoY, driven by a significant increase in the average selling price of lithium products and higher investment income from SQM. In solid-state batteries, the 50 mt/year lithium sulfide pilot project has substantially moved into implementation and construction; meanwhile, the company can produce 300 mm-wide, roll-to-roll ultrathin lithium strip, which, after surface treatment, can be directly supplied to solid-state battery producers as an anode metal material.

[Solid-State Battery: Ganfeng Lithium Expected to Post an H1 Profit of 3.65-4.6 Billion Yuan; Ganfeng LiEnergy Receives 2 Billion Yuan Capital Injection to Expand Capacity] In 2026, Ganfeng Lithium (002460) released its 2026 interim performance forecast. During the reporting period, the company expected net profit attributable to shareholders of 3.65-4.6 billion yuan, up 787.07%-965.9% YoY, driven by rising prices of lithium chemical products and the release of capacity from resource projects, which significantly boosted performance. In the solid-state battery segment, its subsidiary Ganfeng LiEnergy completed a 2 billion yuan capital increase, to be used for solid-state battery R&D and capacity expansion. In solid-state batteries, the company also advanced two parallel routes: silicon-carbon and lithium-metal anodes.

[Solid-State Battery: Shanshan Co., Ltd. Expected to Post an H1 Profit of 750-900 Million Yuan, with Anode Material Shipments Driving Strong Earnings Growth] In 2026, Shanshan Co., Ltd. (600884) released its 2026 interim earnings forecast. During the reporting period, the company expected attributable net profit of 750-900 million yuan, up 262% to 334% YoY, and combined net profit from its two core businesses—anode materials and polarizer films—was expected to be 880-950 million yuan. In the solid-state battery segment, BASF Shanshan, an associate company in which the company held a stake and which operates a cathode business, turned profitable on a YoY basis. Shanshan Co., Ltd. products: anode material-related products for solid-state batteries and composite anode materials for solid-state electrolytes.