中信证券：储能行业需求景气，价格回升，拐点信号兑现

Core Viewpoint - The storage industry is experiencing a fundamental turning point due to high demand in Europe and the U.S., optimized supply, and price recovery, moving away from a prolonged deflationary period [1] Group 1: Industry Outlook - The storage sector is benefiting from a liquidity rotation recovery after a period of low performance [1] - The price-to-earnings (PE) ratio for the storage industry is concentrated in the range of 15-20 times for 2026, indicating a high margin of safety [1]