On December 26, 2025, Enpower and SEMCORP, a global leader in lithium battery separators, reached a deep strategic cooperation agreement in Beijing. SEMCORP's deep technological expertise and large-scale production capabilities in fields such as separators, aluminium-plastic films, semi-solid separators, and all-solid sulfide electrolytes will provide strong material support for Enpower's solid-state battery R&D and industrialization. Enpower's innovative advantages in solid-state battery technology will also empower SEMCORP to achieve breakthroughs in new separator materials.

Listed in China A-share market in September 2016, SEMCORP (stock ticker: SEMCORP, stock code: 002812.SZ) covers two major business systems of "new energy" and "packaging", and three key product sectors of "film products", "packaging printing products" and "paper products packaging". Serving the large lithium-ion battery manufacturers, cigarette manufacturers, food & beverage manufacturers, plastic packaging enterprises and printing enterprises in the world, it prioritizes quality and technological innovation, with its product quality widely acclaimed in the industry.

Innovation and breakthroughs, working together to achieve large-scale operations

In this collaboration, both parties will leverage their respective strengths in technology research and development, product manufacturing, industrial resources, and market applications to promote comprehensive cooperation in areas such as new battery material systems, advanced battery structures, and collaborative innovation in key processes. At the technology research and development level, we will jointly develop high-performance electrolyte separators adapted to solid-state batteries and strive to break through the key material bottlenecks in the industrialization of solid-state batteries. In terms of process collaboration, we will integrate the experience of SEMCORP in precision coating technology and aluminum-plastic film composite process with Enpower's solid-state battery process requirements to shorten the mass production and delivery cycle. At the product application level, we will strengthen the deep matching between material performance and battery system design to accelerate the commercialization of technological achievements.

Win-win cooperation, building a solid cooperation mechanism

Both parties will take this cooperation as a starting point to establish an efficient communication and project implementation mechanism. By expanding its presence in solid-state battery materials and key packaging materials such as aluminum-plastic film, SEMCORP has further solidified its position in the field of new energy materials and provided Enpower with a stable supply of raw materials, helping Enpower to provide highly competitive battery products to the end market.

Both parties agreed that the development of the new energy industry is accelerating from single-point technological breakthroughs to systemic collaborative innovation, and in-depth cooperation between upstream and downstream industries has become a key path to enhance overall competitiveness. Through this strategic cooperation, both parties will further open collaborative channels between the materials and battery technology sectors, forming a development pattern of complementary advantages and synergistic progress, continuously expanding the depth and breadth of cooperation, promoting the integration of industrial resources, and enhancing the overall competitiveness and resilience of the industrial chain.