HTSC(601688) 证券时报网·2025-01-21 23:49Core Viewpoint - The report from Huatai Securities indicates a significant increase in China's inverter exports, driven by year-end inventory stocking and rising energy prices due to energy shortages [1] Summary by Relevant Categories Export Performance - In December, China's inverter export value reached 4.78 billion yuan, with a month-on-month increase of 10.2% [1] - The quantity of inverters exported was 4.207 million units, reflecting a month-on-month increase of 4.0% [1] - Exports to Europe amounted to 1.61 billion yuan, showing a substantial month-on-month increase of 31.3% [1] Market Demand - Strong demand is observed in regions like India and the Middle East, which are actively developing solar storage [1] - Core drivers of long-term demand include power outages, rising electricity prices, and significant growth in wind and solar installations [1] Future Outlook - The continued reduction in costs for solar energy storage is expected to open up higher market potential for solar storage [1] - The sustained demand for inverters is anticipated, providing strong support for the performance of leading companies in the sector [1]