CATL(SZ:300750) Zhi Tong Cai Jing·2025-09-17 05:48Core Viewpoint - Contemporary Amperex Technology Co., Limited (CATL) has seen its stock price rise over 60% this year, reaching a new high of 503.5 HKD, following the certification of its sodium-ion battery under the new national standard for electric vehicle batteries [1] Group 1: Company Developments - CATL's sodium-ion battery has become the first globally to pass the GB 38031-2025 certification, which aims to enhance the safety of electric vehicle batteries [1] - The new national standard will be implemented on July 1, 2026, focusing on preventing risks such as battery fires through stringent safety requirements [1] - The sodium-ion technology has matured, with CATL already in small-scale production and supply to automotive companies, expecting to replace 30% of lithium iron phosphate batteries in small or short-range vehicles [1] Group 2: Market Applications - The second-generation sodium-ion battery has been successfully integrated into various automotive brands, including Li Auto, Avita, Deep Blue, Changan Qiyuan, and Neta [1] - In the energy storage sector, sodium-ion batteries are increasingly being utilized in energy storage projects due to their non-flammable, environmentally friendly characteristics, high energy conversion efficiency, long cycle life, and potential cost advantages [1]