Group 1 - Zhonghang Innovation (中航创新) has seen its stock price increase by over 6%, with a cumulative rise of nearly 40% in the month, reaching HKD 31.26 with a trading volume of HKD 370 million [1] - The company's power battery installation volume has shown strong growth since Q2, with a total of 21.8 GWh in the first half of the year, surpassing the market estimate of 19.5 GWh [1] - In July, the company maintained strong performance, achieving a market share of 8.4% for the month [1] Group 2 - The energy storage sector for Zhonghang Innovation has experienced robust growth, with new orders from Europe and a diversified domestic customer base [1] - The company is expected to maintain a high growth rate in its energy storage business, aiming for an annual shipment target of 45 GWh, with projections to reach approximately 70 GWh next year [1] - The profit margin is also expected to improve alongside the increase in production capacity and direct supply ratio [1] Group 3 - According to a report by Bank of America Securities, the Chinese energy storage market remains strong, with domestic bidding scale reaching 26 GW/69 GWh in August, a year-on-year increase of over 500% [2] - The report forecasts stable growth in battery demand for energy storage in China from 2025 to 2030, with a target capacity of 180 GW by 2027 [2] - Zhonghang Innovation, as the leading power battery stock in Hong Kong, is expected to benefit from the trend of concentrated orders, with projected battery shipment increases of 9%, 14%, and 17% from 2025 to 2027 [2]
港股异动 | 中航创新(03931)再涨超6% 储能和动力电池业务均保持强劲增长 集团上调明年出货量预测