CATL(SZ:300750) Ge Long Hui A P P·2025-09-15 06:49Core Viewpoint - The A-share market is experiencing a resurgence in the hard technology sector, particularly in the new energy industry chain, with significant stock price increases for key players like CATL and Ganfeng Lithium [1][11]. Group 1: Stock Performance - CATL's A-share price surged nearly 10% to 357.46 CNY, reaching a market capitalization of 1.63 trillion CNY, marking a historical high [3][10]. - Other companies such as Zhongyi Technology, Hunan YN, and Dishi Power also saw substantial gains, with Zhongyi Technology increasing by 20% to 43.92 CNY [2][3]. - The overall market sentiment is positive, with multiple stocks in the new energy sector hitting their daily price limits [1][2]. Group 2: Industry Outlook - CATL has revised its production guidance for 2026 to 1.1 TWh, indicating a growth of over 50%, driven by higher-than-expected demand [9]. - The global market share of CATL in the power battery sector is 38.1%, maintaining its leading position [10]. - The Chinese government has set ambitious targets for the automotive industry, aiming for 3.23 million total vehicle sales in 2025, with 1.55 million being new energy vehicles [12]. Group 3: Investment Sentiment - Morgan Stanley has noted that CATL's leadership position in the industry has strengthened, and its A-share valuation is now considered the cheapest in the sector [11]. - Recent policy initiatives from various government departments aim to stabilize the supply chain and promote growth in the new energy sector, further enhancing investor confidence [12][14].