海博思创200GWh大单引爆储能股，宁德时代一天市值涨超千亿

Core Viewpoint - The strategic partnership between Haibosichuang and CATL aims to secure a supply of 200GWh of battery cells over the next three years, reflecting strong demand in the energy storage market and boosting investor confidence in both companies [1][2]. Company Summary - Haibosichuang has signed a ten-year strategic cooperation agreement with CATL, committing to purchase no less than 200GWh of battery cells from CATL from January 1, 2026, to December 31, 2028 [1]. - The announcement led to significant stock price increases for both companies, with CATL's A-shares rising by 7.56% and Haibosichuang hitting a new high with a 20% limit-up [2]. - Haibosichuang's cumulative installed capacity has surpassed 40GWh, positioning it as the fifth-largest global energy storage system supplier as of mid-2025 [2][3]. - Historically, CATL has been Haibosichuang's largest supplier, although its supply proportion has decreased from 87% to 37% recently, indicating a diversification strategy [3]. Industry Summary - The energy storage market is experiencing a surge in demand, with many manufacturers reporting tight battery supply, leading to a "one cell is hard to find" situation [2]. - The partnership is expected to significantly impact the energy storage landscape, as Haibosichuang's projected output will exceed current domestic storage capacity [4]. - The price of lithium hexafluorophosphate has surged, with some market quotes reaching 150,000 yuan per ton, indicating rising costs in the upstream lithium battery materials sector [4]. - National policies since 2025 have been promoting high-quality development in the renewable energy sector, establishing a comprehensive policy framework to support the integration of renewable energy [5][6]. - Global forecasts predict that by the end of 2030, cumulative energy storage capacity could reach approximately 730GW/1950GWh, with significant contributions from China, the US, and Europe [7].