Core Viewpoint - The trend of "anti-involution" and the demand for energy storage both domestically and internationally are driving an upward signal in the battery and materials sector, indicating a potential profit reversal due to price inflection points and expanding demand [1] Industry Summary - Rapid global development of energy storage is driving the demand for lithium iron phosphate (LFP) batteries, with an expected global energy storage demand of approximately 500 GWh by 2025. Coupled with the demand for power batteries, global LFP battery shipments are projected to reach 1,300 GWh [1] - By 2026, energy storage demand may further expand to over 700 GWh, leading to a year-on-year increase of over one million tons in shipments of iron-lithium cathode materials [1] - High-pressure solid products are continuously iterating, with products of the third generation and above accounting for over 50%, and fourth-generation products set to be released in volume soon [1] - Leading companies are operating at high capacity utilization rates, and seasonal demand is expected to remain elevated, providing upward price potential [1] Company Summary - The ChiNext New Energy ETF (159387) tracks the Innovation Energy Index (399266), which experienced a daily fluctuation of 20%. This index selects listed companies involved in clean energy, electric vehicles, and energy storage technologies to reflect the overall performance of high-growth and innovative energy-related enterprises [1] - The Innovation Energy Index focuses on technology-driven and green sustainable development, aiming to track cutting-edge dynamics in the fields of new energy and related technological innovations [1]