Jiayuan Technology Sees Stock Surge Amid Innovations in Battery Technology
On June 23, Jiayuan Technology’s share price rose by 2.59%, reaching 17.42 yuan per share as the company showcases advancements in solid-state battery technology. The firm has developed innovative anode current collectors designed to address key issues faced by solid-state batteries, including interfacial impedance and ion migration rates.
During an investor interaction, Jiayuan Technology revealed that several products, including high-temperature-resistant and corrosion-resistant copper foil, have successfully achieved mass shipments this year. These products are currently being tested in electric vertical takeoff and landing (eVTOL) aircraft and prototype new energy vehicles (NEVs) produced by major manufacturers.
Jiayuan has laid out ambitious plans for 2025, aiming for a copper foil production capacity exceeding 120,000 metric tons. The firm intends to enhance production efficiency through the adoption of automated systems and improved quality management protocols, all while responding to rising competition in the lithium battery sector. Furthermore, the company is focusing on diversifying its product line and expanding into new energy markets, including centralized photovoltaic and wind power projects.
In its Q1 2025 report, Jiayuan Technology reported a staggering 113% increase in operating revenue, primarily driven by copper foil product sales. Despite facing losses in 2024 attributed to competitive pressures and increased impairments, the company remains committed to overcoming these challenges and is focusing on sustainable development.
Jiayuan Technology emphasizes ongoing R&D investments and plans to increasingly align its operations with evolving market demands. As it continues to innovate and diversify, the firm aims to create long-term shareholder value while making significant contributions to the rapidly growing energy sector.
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