CATL(SZ:300750) Di Yi Cai Jing·2025-09-15 02:40Group 1 - The core point of the news is the significant increase in the stock price of CATL, driven by an upward revision of the company's 2026 demand guidance to 1100 GWh, reflecting a year-on-year increase of 46% [1] - CATL's production capacity is currently under pressure, with the company accelerating expansion plans to meet demand, expecting a solid capacity of 900 GWh by the end of 2025 and an additional 200-300 GWh in 2026 [1][2] - The company has provided a reliable growth forecast of 25-30%, which exceeds the market's current expectation of 20% growth, indicating a strong potential for achieving a production target of 900 GWh [1][2] Group 2 - The reasons for the upward revision include strong growth in the power sector and significantly higher-than-expected demand for energy storage, with a conservative estimate of 700 GWh output in 2025 and 900 GWh in 2026 [2] - The National Development and Reform Commission and the National Energy Administration have issued a plan aiming for a new energy storage capacity of over 180 million kilowatts by 2027, which is expected to drive direct investment of approximately 250 billion yuan [2] - The solid-state battery industry is entering a phase of accelerated development, with expectations for mass production by 2027, benefiting the entire supply chain including battery manufacturing and key materials [3][4]