新能源行业周报（第114期）：重视6F等涨价环节，硅料期货有望近期上市

Investment Rating - The report maintains a positive outlook on the power equipment and new energy sector, emphasizing the importance of price increases in segments like 6F and the upcoming listing of silicon material futures [1]. Core Insights - The new energy industry is entering a right-side layout phase, particularly in the electric vehicle supply chain, suggesting an increased focus on price increase segments such as lithium battery materials and silicon materials [1][4]. - Key companies highlighted include CATL, PULI, and Foster, with flexible targets including Duofluoride and Tianqi Lithium [1][4]. - The report indicates that the lithium battery production is exceeding expectations, with a favorable outlook for 2025 due to ongoing supply constraints in upstream lithium [1][4]. Summary by Sections New Energy Vehicles - Focus on the price increase rhythm in lithium battery materials, with 6F and lithium iron phosphate leading the way. Recent price negotiations for lithium materials indicate a trend towards price increases [4][18]. - The report highlights the potential for a cyclical bottom in the lithium carbonate market, with companies like Tianqi Lithium and Ganfeng Lithium expected to benefit [4][18]. - The competitive landscape for global lithium battery segments is improving, with CATL positioned to assist struggling companies like Northvolt [4][18]. Photovoltaics - The Guangzhou Futures Exchange has released a consultation draft for polysilicon futures, indicating a step closer to market listing, which is expected to stabilize silicon material prices [6][20]. - A self-regulatory agreement among major photovoltaic companies aims to eliminate outdated production capacity and stabilize prices, with a target for supply-demand balance across the polysilicon, silicon wafer, battery, and module segments by 2025 [6][20]. - Key companies in this sector include LONGi Green Energy, JinkoSolar, and GCL-Poly Energy [6][20]. Wind Power - Wind turbine bidding has seen a significant increase, with domestic bidding scale reaching 126.93 GW from January to November 2024, a year-on-year increase of 108.02% [9][22]. - The average price of onshore wind turbines has risen to over 1500 RMB/KW, indicating a recovery in profitability for turbine manufacturers [9][22]. - Investment recommendations include companies like Goldwind Technology and Yunda Wind Power, focusing on offshore and onshore wind projects [9][22].