Hesai(US:HSAI) Ju Chao Zi Xun·2025-09-05 09:08Market Performance - A-shares saw a collective rise on September 5, with the Shanghai Composite Index up 1.24% closing at 3812.51 points, the Shenzhen Component Index up 3.89% at 12590.56 points, and the ChiNext Index up 6.55% at 2958.18 points. The total trading volume in the Shanghai and Shenzhen markets was 230.47 billion, a decrease of 23.96 billion from the previous trading day [1] - The semiconductor sector performed well, with all 117 selected semiconductor companies reporting gains, led by companies such as Jing Sheng Machinery, Yintan Intelligent Control, and Fenghua Advanced Technology [1] Energy Storage Sector - According to CITIC Securities, energy storage is one of the fastest-growing and most cost-effective sectors in the new energy industry, despite recent average market performance. The market's expectations are tempered by concerns over the sustainability of rapid project releases in the Middle East and a slowdown in global photovoltaic installations, which may impact energy storage growth [2] - However, energy storage has developed its own growth trajectory, with expectations of exceeding forecasts. The market believes that competitive pressures in the Middle East do not eliminate excess profits, as evidenced by recent projects in Saudi Arabia [2] - The household storage sector is entering a low season with a decline in demand expected in Q4, but rising electricity prices in Europe and recovering shipments in Asia, Africa, and Latin America are seen as positive indicators for a rebound in the household storage sector post-holiday [2] - Overall, energy storage is viewed as one of the most valuable investment sectors in the new energy industry, warranting close attention [2] Automotive Sector - Dongfeng Motor reported that in August, it sold 212,000 vehicles, a year-on-year increase of 25.2%. Notably, sales of new energy vehicles exceeded 100,000 units in a month, marking a 36% year-on-year increase, with total sales for the year reaching 578,000 units [4] - Li Auto announced that it will showcase its models at the 2025 Chengdu International Auto Show and will fully push the VLA driver model on September 10, which has already been delivered to users with the Li ONE model [5] Semiconductor Industry Index - The Jimi Semiconductor Industry Index was launched to reflect the state and performance of the semiconductor industry in the stock market, allowing investors to track the industry's development [6] - The index includes 30 companies selected from a sample of 118 semiconductor firms, covering various aspects of the semiconductor field, including electronic components, materials, equipment, design, manufacturing, IDM, packaging and testing, and distribution [6] - As of the latest close, the Jimi Index was reported at 5452.7 points, up 118.18 points, or 2.22% [7]