This week, the sodium-ion battery market has made remarkable progress. On May 26th, Qingna Technology's Phase I intelligent factory for large-cylinder sodium-ion batteries with a capacity of 10 GWh commenced operations, injecting vitality into the industry. Regarding the market trends of sodium-ion battery cathodes and anodes, the cathode materials have witnessed rapid growth in the polyanion pathway products due to the demand from the downstream ESS market. As for anode materials, which serve as a bottleneck for the industrialisation of sodium-ion batteries, despite the presence of promising materials such as hard carbon, they still face challenges in terms of cost and process. Overall, sodium-ion batteries, with their advantages of abundant resources and low cost, continue to expand in fields such as two-wheelers and ESS. With the release of new capacities and accelerated technological iterations, sodium-ion batteries are expected to occupy an important position in the future new energy market.