Analysis of Hymson's (688559) Strong Performance: Catalysis from Solid-State Battery Equipment and Technological Breakthroughs

This analysis is based on market data as of 16:44:11 on November 15, 2025. Hymson (688559) entered the strong stock pool on that day, indicating strong market attention to the stock.

Hymson has shown outstanding technical performance recently. On November 14, it rose 11.61% in a single day, closing at 51.34 yuan [0]. The stock’s 52-week price range is 23.45-54.50 yuan, and the current price is close to the annual high, showing a strong breakthrough trend [0]. In terms of trading volume, 24.6187 million shares were traded on November 14, with significantly increased activity [0]. From the perspective of returns over various time periods, the company’s stock price shows an obvious upward trend: 29.97% in 1 month, 69.38% in 3 months, 62.83% in half a year, and 6.29% in 1 year [0], indicating strong short-term momentum.

Hymson Laser Technology Group Co., Ltd. is a listed company on the Science and Technology Innovation Board (STAR Market), whose main business is the R&D, production, and sales of laser and automation equipment, mainly used in lithium battery, photovoltaic, consumer electronics, and other fields [0]. The company’s strong performance in 2025 has solid fundamental support:

: The acceleration of solid-state battery industrialization is the core driving factor. As a core equipment supplier for solid-state batteries, Hymson directly benefits from the start of GWh-level production line bidding by leading solid-state battery manufacturers, and its products are expected to be introduced into important production lines [0].

: The company launched the 2025 restricted stock incentive plan, which effectively boosted market confidence and showed the management’s positive expectations for the company’s future development [0].

: Hymson belongs to the laser equipment sector, has wide applications in the new energy lithium battery manufacturing industry, with high technical barriers and obvious competitive advantages [0].

Hymson’s strong performance reflects the market’s optimistic expectations for the industrialization prospects of solid-state batteries. As the next-generation battery technology, the demand for solid-state battery equipment will show explosive growth. Hymson, relying on its technical accumulation in the laser equipment field, has successfully positioned itself in the solid-state battery equipment supply chain, and this strategic layout has been recognized by the market.

From the stock price performance and trading volume changes, it can be seen that the capital market’s recognition of Hymson is rapidly increasing. In particular, the launch of the restricted stock incentive plan not only stabilized the core team but also sent positive signals to the market and enhanced investor confidence.

1. Accelerated Industrialization of Solid-State Batteries
   : With the start of GWh-level production line bidding by leading manufacturers, Hymson, as a core equipment supplier, is expected to receive a large number of orders [0].
2. Advantage of Technical Barriers
   : Laser equipment is irreplaceable in battery manufacturing, with high technical thresholds, which is conducive to maintaining competitive advantages.
3. Policy Support
   : The new energy industry continues to receive policy support, creating a favorable environment for relevant equipment manufacturers.

1. Technology Iteration Risk
   : Solid-state battery technology is still in a stage of rapid development, and there is uncertainty in the equipment technology route.
2. Intensified Market Competition
   : As the demand for solid-state battery equipment grows, it may attract more competitors to enter.
3. Valuation Volatility Risk
   : After a rapid short-term rise in stock prices, it may face technical adjustment pressure.

Hymson’s (688559) strong performance is mainly driven by the dual factors of breakthroughs in the solid-state battery equipment industry and the company’s own technological advantages. Technically, the stock price has broken through the annual high, trading volume has increased, and short-term momentum is strong; fundamentally, as a core equipment supplier for solid-state batteries, the company has a first-mover advantage during the accelerated industrial development period, and the equity incentive plan further enhances market confidence. Investors should pay attention to the progress of solid-state battery industrialization and the company’s order acquisition situation, while noting potential risks brought by technology iteration and market competition.