CATL(SZ:300750) Sou Hu Cai Jing·2025-10-16 00:45Core Viewpoint - The recent policy from the National Development and Reform Commission includes green hydrogen and ammonia in the non-electric consumption category, signaling a strategic opportunity for the related industry chain, especially in the context of record-high production and sales of new energy vehicles in September [2] Group 1: Energy Storage Sector - CITIC Securities continues to recommend the energy storage sector, driven by the widening price difference between peak and valley electricity due to the full market entry of new energy [5] - Shenwan Hongyuan notes that the energy storage sector is on the verge of a cyclical turning point, with stable product prices and increasing demand expected to enhance performance in Q3 [6] - Dongguan Securities highlights strong domestic energy storage demand and anticipates a surge in new energy vehicle purchases by the end of the year due to policy changes [10] Group 2: Green Hydrogen and Ammonia - Guosen Securities emphasizes that the green hydrogen and ammonia industry is entering a significant strategic opportunity period, supported by national policies promoting renewable energy consumption [7] Group 3: Solid-State Battery Technology - Caitong Securities is optimistic about the solid-state battery industry, noting ongoing technological breakthroughs and accelerated industrialization processes [8] - Changjiang Securities predicts that lithium battery demand may exceed expectations by 2026, driven by strong domestic and international market growth [9]