Core Viewpoint - The article highlights the ongoing expansion trend in the lithium battery industry, driven by increasing demand for energy storage and advancements in technology, indicating a recovery in the sector [4][12]. Group 1: Expansion Announcements - Zhuhai Guanyu reported a revenue of approximately 6.1 billion yuan for the first half of the year, a year-on-year increase of about 14%, and plans to invest around 2 billion yuan in a new production line with a construction period of about 12 months [4]. - Ganfeng Lithium announced a placement of 40 million H shares at a price of 29.28 HKD per share, expecting to raise approximately 1.17 billion HKD, along with plans to issue convertible bonds totaling 1.37 billion HKD for loan repayment and capacity expansion [4]. Group 2: Expansion Trends - The year began with a wave of expansion, starting with Jiangsu Lanjun New Energy's project and a zero-carbon city agreement signed with CATL [6][8]. - In March, multiple companies in the lithium battery supply chain saw stock price increases, driven by CATL's rapid expansion plans, including a 40GWh capacity plan in Dongying [10]. Group 3: Demand Dynamics - The energy storage sector has seen over 230 new projects in the first half of the year, with total capacity exceeding 1500GWh, primarily driven by lithium battery storage [12]. - The increase in large-scale overseas energy storage projects is providing significant opportunities for leading companies to expand, supported by favorable policies [13]. - The production of high-voltage lithium iron phosphate and silicon-based anode materials is also on the rise, with several companies announcing new production lines and projects [13].