Taihe Technologies(SZ:300801) Ge Long Hui·2025-11-13 07:02Core Viewpoint - The lithium battery and energy storage sectors are experiencing significant growth, with major stocks in the lithium battery industry seeing substantial price increases and a notable rise in demand for energy storage solutions [1][5][6]. Lithium Battery Sector - 30 lithium battery stocks reached their daily limit up, with Tianhong Lithium Battery rising over 26% and several others hitting the 20% limit [1]. - The lithium battery concept index has increased by over 60% year-to-date, while the energy storage sector index has risen nearly 50% [2][3]. - The price of lithium hexafluorophosphate, a key material, has doubled in the past month, indicating strong demand and price stability in the industry [3][10]. Energy Storage Sector - The energy storage sector has seen explosive growth, with revenue for the first three quarters of 2025 reaching 493.1 billion yuan, a year-on-year increase of 14.61% [8]. - In Q3 2025 alone, the energy storage sector generated revenue of 178.9 billion yuan, reflecting a 16.96% year-on-year growth [8]. - The demand for energy storage is driven by the integration of solar energy and storage solutions, with large-scale projects emerging nationwide [6][8]. Market Dynamics - The prices of key raw materials, including lithium carbonate and lithium hydroxide, have seen significant increases, with lithium carbonate priced at 85,000 yuan per ton, up 15.65% from early October [11][13]. - The supply-demand balance for lithium hexafluorophosphate remains tight, with prices reaching 122,300 yuan per ton, a 77.76% increase from the previous month [11][13]. - Analysts maintain a cautiously optimistic outlook for the lithium and energy storage sectors, predicting continued price increases and strong demand [13][14]. Future Outlook - The global energy storage market is expected to see substantial growth, with projections of 290 GWh of new installations by 2025 and potential growth to 1.17 TWh by 2030 [14]. - Companies in the domestic energy storage supply chain are expected to benefit from increasing market share and demand, particularly in overseas markets [14].