SIASUN(SZ:300024) Zhong Guo Neng Yuan Wang·2025-11-12 02:46Core Insights - The report indicates a significant increase in the electric equipment and new energy sectors, with an overall rise of 4.98% this week, driven by strong performances in the photovoltaic and nuclear power sectors [1][3]. Industry Summary - New Energy Vehicles: The fourth quarter is expected to be a peak sales season, with a projected 30% year-on-year increase in wholesale sales for the first ten months of 2023, totaling 12.054 million units [2][4]. - Power Battery: The price of lithium hexafluorophosphate continues to rise, potentially exceeding 150,000 yuan, which may lead to improved profitability for related companies [2][4]. - Photovoltaics: The investment strategy focuses on avoiding excessive competition, with future component prices dependent on installation demand and return rates of photovoltaic power stations [2][4]. - Wind Power: Continuous growth in wind power demand is anticipated, with recommendations to focus on wind turbines and offshore wind projects [2][4]. - Energy Storage: The energy storage sector remains in a high-demand phase, with significant year-on-year increases in system bidding scale [4]. - Hydrogen Energy: The integration of electric energy substitution is expected to enhance green hydrogen demand, with a focus on the development of green fuels [2][4]. - Nuclear Fusion: The report highlights nuclear fusion as a long-term energy development direction, with recommendations to monitor core suppliers in this field [2]. Company Highlights - Tianqi Materials: Signed procurement contracts with Guoxuan High-Tech and Zhongxin Innovation for a total of 159,500 tons of electrolyte supply from 2026 to 2028 [5]. - Shangtai Technology: Received approval for a convertible bond issuance from the Shenzhen Stock Exchange [5]. - Trina Solar: The controlling shareholder has completed a reduction of 0.57% of the company's total share capital [5].