CATL(SZ:300750) Zhi Tong Cai Jing·2025-11-13 04:08Group 1 - The core viewpoint of the news highlights the strong performance of CATL, with significant increases in both A-shares and H-shares, driven by robust export figures and market potential in the energy storage sector [1][2] - CATL's chairman reported that the company's lithium battery exports reached 120 GWh, accounting for nearly 60% of China's total lithium battery exports of around 200 GWh [1] - The total export value of the "new three items" exceeded 900 billion yuan, with lithium batteries contributing nearly 400 billion yuan, representing over 40% of the total [1] Group 2 - CITIC Securities predicts a substantial growth in global energy storage installations, estimating an addition of approximately 290 GWh by 2025 and a potential reach of 1.17 TWh by 2030 [1] - The report from Credit Lyonnais indicates concerns regarding potential sell-offs due to the expiration of the cornerstone investor lock-up period for CATL's Hong Kong IPO on November 20, but does not foresee a significant price correction [2] - Credit Lyonnais maintains a bullish outlook on CATL, expecting a recovery in stock prices driven by strong global energy storage system development and improved battery supply-demand dynamics by 2026, reaffirming their target prices for both A-shares and H-shares [2]