Core Viewpoint - The action plan lays a foundation for the development of the charging pile industry, providing a supportive target that is expected to stimulate demand for charging piles [1] Industry Summary - The charging pile industry is anticipated to experience performance growth due to high-quality development, benefiting companies involved in charging pile manufacturing, charging module production, and operation [1] - The end of the domestic price war, international expansion, and the iteration of high-power products are expected to lead to simultaneous increases in volume and profit for leading companies in charging piles and modules [1] - Operating companies are likely to benefit from an increase in service fees as the charging infrastructure improves, which is expected to accelerate the electrification of vehicles in China [1] - It is recommended to pay attention to companies within the lithium battery supply chain as the charging facilities become more comprehensive [1]

Group 1 - In October, nearly 160 companies have received institutional research, with a high focus on Rongbai Technology and Dike Co., both in the power equipment sector, each receiving over 100 institutional visits [1][2] - The machinery equipment sector has seen 24 listed companies receiving institutional research, while the power equipment sector has had 15, indicating significant investment interest in these two sectors [1][4] - The engineering machinery sector is expected to experience dual improvements in performance and valuation, driven by policy support for the charging pile industry, which is worth monitoring across all segments [1][5] Group 2 - Rongbai Technology has received a total of 162 institutional visits in October, highlighting its innovative lithium iron phosphate products aimed at both power batteries and high-end energy storage markets [2] - Dike Co. has received 107 institutional visits, focusing on its storage business following the acquisition of Jiangsu Jingkai, which positions it as a competitive player in the DRAM chip application development and testing [2] - The power equipment sector has shown a nearly 40% increase this year, ranking fourth among 31 primary industries, driven by policies such as the "anti-involution" policy [4] Group 3 - The National Development and Reform Commission has announced a plan to build 28 million charging facilities by the end of 2027, aiming to double the charging service capacity to meet the needs of over 80 million electric vehicles [4] - The charging pile sector is expected to maintain high prosperity in the coming years, with the new action plan likely to spark a new wave of investment across the entire industry chain [4] - The machinery equipment sector is anticipated to benefit from both domestic and international demand, with leading companies expected to see performance elasticity and enhanced global competitiveness [5]

Core Insights - In October, nearly 160 companies have received institutional research visits, with a high focus on Rongbai Technology and Dike Co., both in the power equipment sector [1][3] - The machinery equipment sector has seen 24 companies receiving institutional visits, while the power equipment sector has had 15 companies, indicating significant investment interest in these areas [1][4] Company Highlights - Rongbai Technology has hosted 162 institutional visits, focusing on its lithium iron phosphate products, which are set to enter the market with new technology applicable to both power batteries and high-end energy storage [2] - Dike Co. has received 107 institutional visits, with attention on its storage business following the acquisition of Jiangsu Jingkai, positioning it as a competitive player in the DRAM chip application development and testing [2] Industry Trends - The power equipment sector has shown a nearly 40% increase this year, ranking fourth among 31 primary industries, driven by policies such as "anti-involution" [4] - The National Development and Reform Commission's recent action plan aims to establish 28 million charging facilities by 2027, significantly boosting the electric vehicle charging capacity and creating a favorable environment for the power equipment sector, particularly in the charging pile segment [4] - The machinery equipment sector is expected to benefit from a dual uplift in performance and valuation, with leading companies likely to see continued earnings elasticity due to both domestic and international demand [5]