CATL(SZ:300750) Zhi Tong Cai Jing·2025-09-17 05:52Core 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 GB38031-2025, which aims to enhance the safety of electric vehicle batteries [1][1][1] Group 1: Stock Performance - CATL's stock price increased by 5.45%, trading at 503 HKD with a transaction volume of 1.418 billion HKD [1][1][1] - The stock has accumulated a rise of over 60% year-to-date [1][1][1] Group 2: Sodium-Ion Battery Certification - CATL's sodium-ion battery is the first globally to pass the new national standard certification, which will be implemented on July 1, 2026 [1][1][1] - The new standard aims to eliminate the risk of electric vehicle fires by imposing strict safety requirements across various dimensions, including thermal diffusion and fast charging cycles [1][1][1] Group 3: Technology and Market Application - The sodium-ion technology has matured, and CATL has begun small-scale supply to automotive companies, with expectations to replace 30% of lithium iron phosphate batteries in small or short-range vehicles [1][1][1] - The second-generation sodium-ion battery has been successfully integrated into vehicles from brands such as Li Auto, Avita, Deep Blue, Changan Qiyuan, and Neta [1][1][1] - In the energy storage sector, sodium-ion batteries are increasingly being utilized in energy storage projects due to their non-flammable, pollution-free nature, high energy conversion efficiency, long cycle life, and potential cost advantages [1][1][1]