Core Viewpoint - The overall market showed strength on September 5, with significant performance in the new energy sector, particularly in photovoltaic and lithium battery stocks, driven by rising gold prices and lithium-related sectors [1] Market Performance - Major indices collectively strengthened, with the technology sector showing insufficient upward momentum [1] - The non-ferrous metals ETF (516650) rose by 3.02%, with key holdings such as Ganfeng Lithium (002460) increasing over 7% [1] - Other notable stocks like Guocheng Mining (000688), Tianqi Lithium (002466), Zhongmin Resources (002738), and Yongxing Materials (002756) also saw significant gains [1] - The gold stock ETF (159562) increased by 2.53%, while the Huaxia Gold ETF (518850) rose by 0.23% [1] Industry Insights - Domestic bidding data for August exceeded expectations, reaching approximately 40 GWh, significantly higher than July's 10 GWh [1] - There is an upward trend in the overall demand for energy storage systems and EPC, with an increase in bidding prices [1] - Recent high production rates for battery cells have led some energy storage manufacturers to extend orders into October, with prices for 25H1 energy storage cells showing a slight increase [1] - The market is experiencing signs of price increases, with tight production schedules and strong performance in energy storage demand reflected in mid-year reports from some companies [1] Investment Outlook - Current overall demand for energy storage is robust, and price increases are expected to continue [1] - The secondary market is seen to have incremental logic, with the potential for a rebound as the market has undergone continuous adjustments [1] - Funds are likely to focus on sectors with logical support for rebound strategies [1]