Core Viewpoint - The lithium battery industry chain is gaining market attention due to the continuous growth in energy storage demand, with lithium hexafluorophosphate prices doubling, leading to significant stock price increases for companies like Haike New Energy [1][7]. Company Overview - Haike New Energy, listed on the Shenzhen Stock Exchange in July 2023, specializes in the research, production, and sales of lithium-ion battery electrolyte solvents and fine chemicals, with products widely used in various sectors including lithium battery materials and pharmaceuticals [3][6]. - The company has a production capacity of 45,000 tons/year for dimethyl carbonate, 36,000 tons/year for propylene glycol, and other chemical products, with over 68% of its workforce holding a college degree [3][6]. Financial Performance - In the first three quarters of 2023, Haike New Energy reported a revenue of 3.653 billion yuan, a year-on-year increase of 43.17%, while the net loss narrowed to 128 million yuan, a 40.06% improvement compared to the previous year [6]. - The third quarter alone saw a revenue of 1.337 billion yuan, marking an 80.43% year-on-year increase [6]. Market Dynamics - The price of electrolyte solvents like VC and FEC has surged, with VC prices rebounding 77% from a low of 48,700 yuan/ton in June to 86,000 yuan/ton by November 12, and FEC prices increasing 64% from 33,000 yuan/ton to 54,000 yuan/ton in the same period [7]. - The industry is currently adopting a market-driven pricing strategy, with some market participants noting that actual market prices may be even higher than reported [7]. Strategic Partnerships - On November 10, Haike New Energy signed a strategic cooperation and raw material supply agreement with Kunlun New Materials, committing to supply approximately 596,200 tons of electrolyte solvents from January 2026 to December 2028 [8]. Industry Outlook - Major brokerage firms are optimistic about the lithium battery industry chain, anticipating accelerated growth in the energy storage market, with projections of significant increases in domestic storage installations in the coming years [9][10]. - The expected doubling of domestic energy storage installations by 2026 and a substantial increase in global lithium battery demand highlight the potential for growth in the sector [10][11].