Changes in Hong Kong stocks | Pilot Intelligence (00470) rose more than 6%, seven departments issued a “15th Five-Year Plan” to develop the new battery industry, and the development of solid-state batteries is expected to accelerate

The Zhitong Finance App learned that Pioneer Intelligence (00470) rose by more than 6%. As of press release, it had risen 6.04% to HK$27.04, with a turnover of HK$26.474 million.

According to the news, the “15th Five-Year Plan for the Development of the New Battery Industry” jointly formulated by seven departments including the Ministry of Industry and Information Technology was officially released on September 28. According to the “Plan”, the goal is to achieve steady growth in the scale of China's new battery industry by 2030; the innovation capacity of the whole chain continues to be strengthened; new breakthroughs have been made in advanced materials; significant progress has been made in the research and development of new battery systems; all-solid-state batteries have an initial large-scale application; the cycle life of long-life lithium batteries will reach 15,000 cycles; and the product defect rate of leading enterprises will reach the PPB (fraction per billion) level.

Pilot Intelligence pointed out that as early as 2024, the company opened up the entire solid-state battery mass production process, launched an all-solid-state battery line solution, and has now completed the delivery and implementation of multiple sets of solid-state battery equipment. In addition, in the cell densification process, the thermostatic press launched by the company has also achieved a technological breakthrough, which can achieve three-dimensional uniform compression and densification of solid-state batteries, thereby increasing the cell density to more than 95% and accelerating the solid-state battery industrialization process.