Mei Ri Shang Bao·2025-09-25 05:41Group 1 - On September 25, Ningde Times' stock price surged, reaching a historic market capitalization of 1.819 trillion yuan, surpassing Kweichow Moutai's market cap of 1.805 trillion yuan [2][3] - The stock price of Ningde Times increased from 1.75 trillion yuan, with significant gains throughout the trading session, ultimately closing at 1.819461 trillion yuan [2] - Year-to-date, Ningde Times has seen a price increase of 48.83%, while Kweichow Moutai has experienced a decline of 3.82% [7] Group 2 - Foreign investment banks, such as JPMorgan, have recognized Ningde Times, upgrading its rating from neutral to overweight, citing a significant increase in demand for energy storage batteries [7] - The price-to-earnings (P/E) ratio for Ningde Times in the Hong Kong market reached 36.20, compared to 30.03 in the A-share market, indicating a premium for the stock [7] - The market dynamics reflect a shift in investor sentiment, with Ningde Times' market value approaching that of consumer giants, signaling a broader recognition of its influence in the manufacturing sector [7][8]