Core Viewpoint - The stock of China Innovation Aviation (03931) has risen over 11% following the release of a policy document emphasizing carbon reduction targets and the development of new energy systems, particularly in energy storage [1] Industry Summary - The Central Committee of the Communist Party of China has issued guidelines for the 15th Five-Year Plan, focusing on carbon reduction and the promotion of new energy systems, including energy storage [1] - In the first nine months of this year, domestic energy storage project new tenders reached 255.8 GWh, a year-on-year increase of 97.7% [1] - Citic Securities has raised its forecast for new domestic energy storage installations to 300 GWh for next year, anticipating potential shortages in various segments [1] - Total demand for lithium batteries is expected to exceed 2700 GWh next year, with a year-on-year growth rate of over 30%, and energy storage battery demand projected to surpass 900 GWh [1] Company Summary - The company is recognized as a global leader in dynamic storage battery technology, ranking among the top three in domestic power battery installations in 2021 [1] - By 2024, the company is expected to rank among the top four globally in power battery installations [1] - The company is accelerating its dual-driven strategy in power storage, with energy storage cell shipments reaching the fourth position globally by the first half of 2025 [1] - With the release of more production capacity, an increase in new customers, and a higher direct supply ratio, the energy storage business is projected to maintain a high growth rate, aiming for an annual shipment target of 45 GWh this year and approximately 70 GWh next year, with expected improvements in profit margins [1]
港股异动 | 中创新航(03931)涨超11% 国内储能市场表现强劲 公司加速推进动力储能双驱动业务战略