Shang Hai Zheng Quan Bao·2025-11-12 12:57Core Viewpoint - The strategic cooperation agreement between Haibo Technology and CATL aims to secure a stable supply of battery cells amid a competitive market, addressing the current shortage in the energy storage sector [2][5][8]. Group 1: Strategic Cooperation Agreement - Haibo Technology signed a 10-year strategic cooperation agreement with CATL to enhance supply chain stability and maintain industry leadership [5]. - The agreement stipulates that Haibo Technology will procure a minimum of 200 GWh of battery cells from CATL between January 2026 and December 2028 [5]. - Both companies will update their cooperation goals annually and confirm them through a memorandum [5]. Group 2: Market Context and Company Performance - The energy storage cell market is currently facing a "chip shortage," with leading battery manufacturers operating at full capacity and orders extending into early next year [8]. - Haibo Technology has emerged as a top player in the global energy storage market, ranking third in new installations and first in the domestic market for cumulative installations and contracted projects [6]. - The company's stock has seen significant growth, with an increase of over 360% in less than six months, reflecting strong market confidence [8].