Core view
Market review: last week, the power equipment sector closed at 983612 points, up 7.26%. The Shanghai Composite Index closed at 314657 points, up 2.02%; Shenzhen Component Index closed at 1145453 points, up 2.64%; Gem closed at 241735 points, up 2.51%. In the lithium new energy vehicles sector, energy metals rose 9.8%, lithium positive electrode rose 9.2%, lithium electrolyte rose 6.9%, lithium battery rose 6.8%, charging pile rose 6.1%, new energy vehicles rose 5.9%, and lithium negative electrode rose 5.4%. The top five increases in the industry were Zhejiang Hangke Technology Incorporated Company(688006) up 15.10%, Tianqi Lithium Corporation(002466) up 13.93%, Ganfeng Lithium Co.Ltd(002460) up 11.63%, Guangdong Lyric Robot Automation Co.Ltd(688499) up 10.66%, Sunwoda Electronic Co.Ltd(300207) up 8.33%.
Industrial chain price tracking: 343000 yuan / ton of ternary cathode material type 523, the same as last week; Ternary cathode material 622 type 370000 yuan / ton, the same as last week. Ternary cathode material 811 type 397500 yuan / ton, the same as last week. The cathode material lithium iron phosphate was 155000 yuan / ton, the same as last week. The middle end natural graphite of negative electrode material was 51000 yuan / ton, the same as last week. Wet diaphragm: 7 μ M2 yuan / m2, the same as last week; Wet diaphragm: 9 μ m1. 43 yuan / m2, the same as last week.
Industry news: Weilai was officially listed in Singapore, becoming the first Chinese auto enterprise to be listed in three places Contemporary Amperex Technology Co.Limited(300750) obtained the world’s first access certificate under the new European regulations; Geely Fuling 12gwh power battery project started construction; Kia will establish a dedicated electric PBV plant in 2026; Hyundai Motor Group spent US $16.5 billion to expand its electric vehicle business in South Korea.
Announcement of key companies: Eve Energy Co.Ltd(300014) : it plans to purchase no more than 240 million cathode materials from the controlling shareholder Tibet Yiwei Holding Co., Ltd., involving related party transactions Contemporary Amperex Technology Co.Limited(300750) : repurchase and cancel 136200 shares of some restricted shares Foshan Golden Milky Way Intelligent Equipment Co.Ltd(300619) : 4.091 million yuan of government subsidy Cngr Advanced Material Co.Ltd(300919) : the wholly-owned subsidiary signed a joint venture agreement with rigqueza on the smelting of high matte nickel (Indonesia) from laterite nickel ore.
Investment suggestion: it is suggested to turn off the energy storage system and integrate the power cell: Shenzhen Desay Battery Technology Co.Ltd(000049) ( Shenzhen Desay Battery Technology Co.Ltd(000049) . SZ); Power battery: Eve Energy Co.Ltd(300014) ( Eve Energy Co.Ltd(300014) . SZ); Energy storage battery system Pylon Technologies Co.Ltd(688063) ( Pylon Technologies Co.Ltd(688063) . SH)
Risk warning: the sales of new products are less than expected; Industry competition intensifies; The cost of raw materials has risen.
