Tinci Materials shares plunged 23.12% from the July 6 opening price of 52.20 yuan to a midday close of 40.13 yuan today, cutting market value from over 106.4 bln yuan to 81.8 bln yuan and erasing about 24.6 bln yuan over four trading sessions. A July 8 note circulating among investors claimed next‑generation solid‑state cells could fully replace traditional lithium‑ion materials including electrolytes and separators. Tinci’s company secretary rejected that view, saying "We do not think so," and

Tinci Materials shares plunged 23.12% from the July 6 opening price of 52.20 yuan to a midday close of 40.13 yuan today, cutting market value from over 106.4 bln yuan to 81.8 bln yuan and erasing about 24.6 bln yuan over four trading sessions. A July 8 note circulating among investors claimed next‑generation solid‑state cells could fully replace traditional lithium‑ion materials including electrolytes and separators. Tinci’s company secretary rejected that view, saying "We do not think so," and added that incremental annual demand and use cases for liquid electrolytes remain strong. The company said it does not expect solid‑state batteries to take a very large share within five years, a judgment it said is shared with CATL.