【9.11 Lithium Battery Express】China Automobile Dealers Association Reports August Auto Dealer Comprehensive Inventory Coefficient Rose Over 12% YoY

[Narada Power: Currently Has Unshipped Large-Scale Storage Orders of About 7.8 GWh]Narada Power (300068.SZ) released a record of investor relations activities. The company has successively won bids for multiple high-voltage lithium battery data center projects this year, including lithium battery projects in the US and abroad. The company's current data center lithium battery capacity is 1.5 GWh. Based on orders under negotiation, it plans to expand capacity by another 1 GWh next year, bringing total capacity to 2.5 GWh. If customer demand increases in the future, the company has the capability to rapidly expand production to meet customer needs. Additionally, the company currently has unshipped large-scale storage orders of about 7.8 GWh, with approximately 5 GWh domestic and about 2.8 GWh overseas. Major overseas orders come from Australia, Europe, the UK, and other countries and regions. (Cailian Press)

[China Automobile Dealers Association: August Auto Dealer Comprehensive Inventory Coefficient Was 1.31, Up 12.9% YoY]The China Automobile Dealers Association released the results of its August 2025 "Auto Dealer Inventory" survey: The comprehensive inventory coefficient for auto dealers in August was 1.31, down 3.0% MoM and up 12.9% YoY. Inventory levels are below the warning line but above the reasonable range. (Cailian Press)

[Manst: Multiple Solid-State Battery Equipment Models Have Been Successively Shipped to Customer Sites]Manst stated on an interactive platform that in the field of solid-state batteries, based on its dual-strategy layout for dry and wet processes, the company has accumulated relatively rich front-end technical reserves and validation data. It has certain innovations and advantages in technologies such as new-type ceramic materials, twin-screw efficient dispersion, ultra-thin wet coating, and double-layer co-coating of active material and solid electrolyte. This year, multiple models of the company's solid-state battery equipment have been successively shipped to customer sites, including dry and wet process-related front-end equipment, with debugging and validation results receiving customer recognition. (Cailian Press)

[Shandong Deruixiang Auto Parts: Company's Solid-State Battery Uses Oxide Electrolyte Route]Shandong Deruixiang Auto Parts stated on an interactive platform that the company's solid-state battery uses an oxide electrolyte route, offering high safety and good high-temperature resistance. In terms of safety, the company's solid-state battery has not only passed safety tests such as nail penetration, heating, and overcharging but also obtained UN38.3 standard certification, confirming the stability and safety of the company's solid-state battery during sea and air transport. Regarding high-temperature resistance, the company's solid-state battery can operate continuously under high-temperature conditions relying solely on natural heat dissipation. Meanwhile, the preparation of the company's solid-state battery uses mature coating processes, which are simple and easy for mass production. (Cailian Press)

[Hymson: Has Successfully Mastered the Full Process for Mass Production of Lithium Metal Solid-State Batteries]Hymson stated on an interactive platform that the company has successfully mastered the full process for mass production of lithium metal solid-state batteries and has already received a mass production equipment order for solid-state batteries worth 400 million yuan for 2 GWh. This is also the industry's first commercially viable mass production order for high-energy lithium metal solid-state battery equipment. (Cailian Press)In addition, the company has provided pilot line equipment for sulfide solid-state batteries to several globally leading new energy technology enterprises. The relevant equipment has been highly recognized by customers and is currently being shipped out successively. (Science and Technology Innovation Board Daily)

[Yingli Shares: Plans to Acquire 77.94% of Utley Shares for 468 Million Yuan] Yingli Shares (300956.SZ) announced that the company intends to acquire 77.9385% of Utley shares by issuing shares and paying in cash. At the same time, it will raise supporting funds from no more than 35 specific investors. The transaction price is 468 million yuan. After the transaction is completed, the company will further expand its business scale and enhance its market competitiveness. The target company of this transaction is mainly engaged in the R&D, production, and sales of consumer lithium-ion batteries with laptop battery modules as the core, while also laying out energy storage lithium-ion battery business. Its products are mainly used in terminals such as laptops, tablets, smartphones, smart wearable devices, and digital cameras. It is a lithium-ion battery one-stop solution provider with independent innovation capabilities. (Cailian Press)