Core Viewpoint - The report from CITIC Securities emphasizes a continued strong recommendation for the energy storage sector, highlighting recent developments in pricing and investment incentives in various regions [1] Energy Storage Sector - In Shandong, there has been a noticeable discount in the mechanism electricity price, leading to an increased willingness among owners to invest in energy storage [1] - Ningxia has introduced capacity pricing following Gansu, which is expected to enhance investment enthusiasm among owners [1] Lithium Battery Sector - The lithium battery sector has already realized an unexpected surge in market demand for 2025, with the current key concern being whether the demand forecast for 2026 will be revised upwards [1] - Continuous monitoring is advised for energy storage bidding and installation data, confidence in 2026 guidance, policies regarding vehicle trade-ins, and lithium battery production information [1] Hydrogen Energy Sector - The North American electricity demand gap is validating and strengthening the trend towards Solid Oxide Fuel Cells (SOFC), with a positive outlook on cost reduction leading to advantages in electricity generation costs [1] - The long-term application trend of green methanol is seen as an inevitable result of decarbonizing shipping, with IMO regulations accelerating the progress towards cost parity and expanding industry space [1]