暖风吹向锂电，龙头企业迎来扩产

Core Viewpoint - The lithium battery industry is gaining new momentum due to the recent issuance of the "Action Plan for Stable Growth in the Electronic Information Manufacturing Industry (2025-2026)" by the Ministry of Industry and Information Technology and the State Administration for Market Regulation, which aims for an average revenue growth rate of over 5% in related fields including lithium batteries and photovoltaic manufacturing [1][2]. Industry Summary - The lithium battery sector remains a key driver for revenue growth in the electronic information manufacturing industry [2]. - There has been a surge in demand for lithium batteries this year, driven by the growth in new energy vehicle sales and energy storage needs, leading to increased production capacity and capital expenditure among leading companies [2][5]. - The demand for lithium batteries is primarily fueled by the growth in both power batteries for electric vehicles and energy storage batteries [3][4]. Company Summary - CATL (Contemporary Amperex Technology Co., Limited) reported a high capacity utilization rate of 89.86% in the first half of the year, with a production capacity of 345 GWh and an output of 310 GWh, reflecting a significant increase compared to previous years [6]. - CATL has announced multiple capacity expansion projects in various provinces, with 235 GWh of battery system capacity under construction as of mid-year [6]. - Other leading companies like EVE Energy, Xinwangda, and Zhongchuang Innovation have also reported progress in capacity expansion, with EVE Energy and Zhongchuang Innovation focusing on overseas manufacturing bases [6][8]. - The overall profitability of the lithium battery sector has improved, with a reported revenue of 1.13 trillion yuan and a net profit of 679.51 billion yuan in the first half of the year, marking year-on-year increases of 13.78% and 28.07%, respectively [9].