Group 1 - The report from Citi indicates that certain domestic battery companies will benefit from favorable policies, with CATL (300750) expected to see a profit growth rate of 37% year-on-year this year [1] - The target price for CATL's H-shares is set at HKD 535, and for A-shares at RMB 390, both with an "outperform" rating [1] - The National Energy Administration's latest storage policy reveals that an additional 100 GW of storage capacity will be added from 2025 to 2027, equating to 300 GWh, which is projected to drive an investment scale of RMB 250 billion over three years [1] Group 2 - The report anticipates that China will continue to advance energy storage construction, alleviating market concerns following the cancellation of mandatory renewable energy project storage policies earlier this year [1] - The company Zhongxin Innovation (03931), as the fourth largest electric vehicle and energy storage battery manufacturer globally, is expected to achieve an average annual compound growth rate of 76% in profits from 2025 to 2027, with a target price of HKD 38 and an "outperform" rating [1] - Ruipu Lanjun (00666), the fifth largest energy storage battery manufacturer globally, is believed to be on a recovery path, with a target price of HKD 14 and an "outperform" rating [1]

另外，中创新航作为全球第四大电动车与储能电池制造商，该行料2025至2027年的盈利年均复合增长率 达76%，予目标价38港元及"跑赢大市"评级；至于瑞浦兰钧为全球第五大储能电池制造商，该行认为公 司正处于复苏轨道，予目标价14港元及"跑赢大市"评级。 MACD金叉信号形成，这些股涨势不错！ 里昂发表研究报告指，国家能源局最新发布政策显示，2025至2027年间将新增100吉瓦储能装机容量， 相当于300吉瓦时，当局估算将在3年内带动2500亿元投资规模。该行认为政策具有重大意义，表明中国 将在未来能源发展中持续推进储能建设，缓解了市场自今年初取消可再生能源项目强制配储政策以来的 忧虑。 该行认为部分内地电池企业将受惠于政策利好，当中宁德时代作为全球电动车与储能电池制造龙头，预 期公司今年盈利增速将加快至按年增长37%；现予H股目标价535港元及"跑赢大市"评级，A股目标价 390元及"高度确信跑赢大市"评级。 ...

里昂研究报告指，国家能源局最新发布内地储能政策显示，2025至2027年间将新增100吉瓦储能装机容 量，相当于300吉瓦时，当局估算将在3年内带动2,500亿元人民币投资规模。该行认为部分内地电池企 业将受惠于政策利好，当中宁德时代(3750.HK)作为全球电动车与储能电池制造龙头，预期公司今年盈 利增速将加快至按年增长37%；现予H股目标价535港元及"跑赢大市"评级，A股目标价390元人民币 及"高度确信跑赢大市"评级。 ...