Ju Chao Zi Xun·2026-01-08 10:39Core Viewpoint - The meeting held by multiple government agencies aims to regulate the competitive order in the power and energy storage battery industry, addressing irrational behaviors that disrupt market order and hinder sustainable development [2][3]. Group 1: Meeting Overview - The meeting was attended by 16 key enterprises, including 13 power and energy storage battery companies and 3 system integrators, to discuss industry regulation [3]. - The meeting emphasized the rapid development of China's power and energy storage battery industry, which has gained a competitive advantage globally, but faces challenges such as blind construction and price competition [2][3]. Group 2: Demand Forecast - A significant decline in domestic demand for new energy lithium batteries is expected in early 2026, with a projected decrease of at least 30% in sales of new energy passenger vehicles due to changes in tax policies [4]. - Factors contributing to the demand drop include adjustments in the new energy vehicle purchase tax, the end of subsidy rush for commercial vehicles, limited impact from exports, and weak domestic energy storage market demand [4]. Group 3: Industry Impact - The decline in demand may lead to overcapacity issues for battery manufacturers, affecting revenue and profits [5]. - The overall development pace of the industry may be disrupted, impacting both upstream and downstream enterprises [5]. - Investors may see negative effects on the stock performance of related battery production companies due to the anticipated demand decline [5].