9 July 2025 | 6:20PM HKT Hyperstrong (688411.SS): BESS emerging as solution to China summer heatwave; Maintain Buy on solid demand BESS starts to emerge as grid solution to summer heatwaves, one step further to commercialization. China is entering the peak of summer with "Sanfu Season" heatwave arriving unusually early this year, taxing the stability of the electricity grid. According to NEA, the peak load reached a record high of 1,465GW on Jul 4 2025, up 11% yoy or 150GW, driven by the demand from eastern ...