研报掘金丨中金：首予厦钨新能“跑赢大市”评级，目标价85元

Group 1 - The core viewpoint of the article highlights that Xiamen Tungsten Co., Ltd. is a leader in cathode materials, with expected growth in new cathode and solid-state materials [1] - The report anticipates steady growth in consumer battery demand driven by domestic consumption of electronic products and technological advancements such as AI and smartphone upgrades [1] - The company holds a global market share of over 50% in lithium cobalt oxide, positioning itself as a market leader [1] Group 2 - The company is actively investing in cutting-edge technologies, with promising prospects for the release of new cathode and solid-state materials [1] - The initial coverage of Xiamen Tungsten Co., Ltd. includes a "outperform the market" rating, with a target price of 85.00 yuan, indicating an 18% upside potential [1]