ZENERGY (03677) surged nearly 5% in the afternoon session, with a gain of 3.08% at the time of writing, trading at HKD 10.04 and recording a turnover of HKD 44.65 million.

The 12th China (Suzhou) Battery New Energy Industry International Summit Forum is set to take place in Suzhou, Jiangsu, from November 11 to 13. CITIC Securities noted that the solid-state battery sector is entering a "conference-intensive week," which may catalyze new technological advancements.

It is reported that ZENERGY's 100MWh all-solid-state battery pilot production line is expected to commence operations in the first half of 2026, marking a critical step toward the industrialization of all-solid-state batteries.

CICC released a research report stating that ZENERGY has developed a diversified product portfolio driven by market demand and technological innovation, covering multiple material types such as lithium iron phosphate (LFP) and ternary, various power types including BEV and PHEV, and applications across electric vehicles, electric aircraft, and electric vessels.

In 2024, the company held a 2.0% share in China's LFP power battery installations and a 1.8% share in PHEV battery installations. Additionally, its HEV battery packs supplied to Shin-Kobe Electric Machinery and Toyota accounted for over 70% of the domestic market share.

The report highlighted that, leveraging its extensive customer base, smart manufacturing capabilities, and cost-control advantages, ZENERGY is poised for a fundamental turnaround.