电新行业周报：工信部会议定调锂电“反内卷”，阿里云势头猛进重塑AI格局-20251130

Investment Rating - The report recommends investment in the electric power equipment sector, highlighting specific companies for potential investment opportunities [1][2][3]. Core Insights - The Ministry of Industry and Information Technology (MIIT) emphasizes orderly competition in the lithium battery industry, aiming to curb "involution" competition [1][2]. - The report identifies key companies in various segments, including electric vehicles, PCB, solid-state batteries, and energy storage, suggesting specific stocks for investment [1][2][3]. - The report notes significant growth in the wind power sector, with a total installed capacity increase of 70.01 GW from January to October 2025, reflecting a year-on-year increase of 24.21 GW [4][62]. Summary by Sections Electric Vehicle Sector - Recommended companies include Tianci Materials, Zhuhai Guanyu, Terui De, Xinwangda, and Haopeng Technology, with additional attention on Tianji Co., Duofluor, and others [1]. - The report highlights the structural transformation in the AI market, with major cloud providers becoming the preferred choice for enterprises [2]. Energy Storage Sector - The total bidding scale for energy storage in 2025 reached 95.7 GW/347.19 GWh, with winning prices ranging from 0.3261 to 3.216 CNY/Wh [3]. - Recommended companies in the energy storage sector include Sungrow Power, Yiwei Lithium Energy, and CATL, among others [3]. Wind Power Sector - The report indicates that the newly installed wind power capacity in October 2025 was 8.92 GW, showing a year-on-year increase of 33.53% [4][62]. - Recommended companies in the wind power sector include Goldwind Technology, Daikin Heavy Industries, and Zhongtian Technology [4]. Solid-State Battery Sector - The report mentions the establishment of the first large-capacity all-solid-state battery production line in China, which is expected to enhance the electric vehicle industry's capabilities [60]. - Companies like Enli Power are highlighted for their advancements in solid-state battery technology and production capacity [61]. PCB Sector - The report suggests focusing on companies like Defu Technology and Copper Crown Copper Foil within the PCB segment [1].