Pylon Technologies Co Ltd: A Key Player in the Advancing Solid-State Battery Industry

Pylon Technologies Co Ltd, a Chinese company listed on the Shanghai Stock Exchange, has been closely associated with the burgeoning solid-state battery industry. As of September 1, 2025, the company’s stock closed at 54.45 CNY, with a 52-week high of 60.6 CNY and a low of 32.53 CNY. The company boasts a market capitalization of 13,359,808,627 CNY.

Industry Developments and Company Progress

The solid-state battery sector has seen significant activity recently, with several companies making notable advancements. On September 2, 2025, Pylon Technologies Co Ltd announced that its first full solid-state pilot line had been successfully commissioned. The company’s flagship solid-state battery, Goldstone, is currently in the pilot production phase, achieving a 90% yield rate. Pylon has also initiated the design work for its first-generation 2GWh solid-state battery mass production line.

Collaborations and Acquisitions

In a strategic move, Huoyue Automobile announced on September 2, 2025, its plan to acquire a 49% stake in Shanghai SAIC Qingtao Energy Technology Co., Ltd. from SAIC Motor Group for 2.06 billion CNY. This acquisition is part of a broader trend of collaborations aimed at advancing solid-state and semi-solid-state battery technologies. For instance, Xianhui Technology and Qingtao Energy have signed a comprehensive cooperation agreement to accelerate the industrialization of these technologies.

Market and Financial Insights

The solid-state battery concept has been a strong performer in the market, with companies like Taihe Technology and Yibai Lithium Energy experiencing significant stock price increases. The sector’s growth is further supported by the establishment of new production bases and the successful launch of new battery models, such as Yibai Lithium Energy’s “Longquan II” full solid-state battery.

ETF Performance

The battery ETF, Jiasu (562880), has seen a net inflow of funds over the past five days, with a recent mid-day increase of 3.30%. The ETF’s net asset value has risen by 58.45% over the past year, reflecting strong investor confidence in the battery sector.

Conclusion

Pylon Technologies Co Ltd is at the forefront of the solid-state battery industry, with significant advancements and strategic partnerships positioning it well for future growth. The company’s focus on innovation and collaboration is likely to drive its success in the rapidly evolving battery market.