Xin Lang Cai Jing·2025-09-07 23:52Core Viewpoint - The report from CITIC Securities indicates a strong turnaround in the supply-demand relationship for lithium batteries, driven by the upcoming peak season and unexpected growth in energy storage, leading to imminent price increases for battery cells and high visibility for future demand [1] Group 1: Lithium Battery Sector - The supply-demand dynamics in the lithium battery sector have completely reversed, resulting in strong earnings certainty and low valuations, which present high-low switching logic [1] - The report highlights a positive outlook for stable, low-valuation leading companies in the sector [1] - Companies with flexible pricing strategies, particularly those in the 6F category, are expected to be the first to raise prices [1] Group 2: Energy Storage Market - Following the implementation of Document No. 136, the peak-valley price difference has widened, and provincial capacity policies are being effectively promoted, leading to a continuous increase in domestic market bidding data [1] - The overseas market has shown strong demand in Europe, Australia, and Asia since the beginning of the year, suggesting that the industry will maintain high prosperity levels [1] - The overall outlook remains bullish for both lithium batteries and energy storage [1]