China ESS_Takeaways from expert call_ Strong ESS demand outlook in 2024_25; ESS integration - competitive landscape varies by region but in general favors quality

J P M O R G A N Asia Pacific Equity Research 20 November 2024 This material is neither intended to be distributed to Mainland China investors nor to provide securities investment consultancy services within the territory of Mainland China. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. China ESS Takeaways from expert call: Strong ESS demand outlook in 2024/25; ESS integration - competitive landscape varies by region but in general ...