Track the concept of Hong Kong stocks | Changes in the Middle East may help accelerate global energy transformation, photovoltaic energy storage industry is expected to fully benefit (including concept stocks)

On the evening of March 21st, US President Trump posted on social media, demanding that Iran open the Strait of Hormuz within 48 hours, otherwise he would launch strikes on "all kinds of power plants" in Iran and destroy them. In response, a spokesperson for the Iranian armed forces stated that if Iran's fuel and energy infrastructure is violated by the enemy, all energy, information technology, and freshwater facilities in the Middle East belonging to the US and Israel will become targets. Amidst the tug-of-war in the Middle East, high oil prices and energy uncertainty will become the norm in the medium to long term. Conflicts in the Middle East serve as a reminder to the world that over-reliance on a single channel and region for fossil energy supply always carries significant risks. Fluctuations in the geopolitical situation in the Middle East, coupled with increased uncertainty in global traditional energy supply, will further compel countries to accelerate their pace of energy transition, focusing on developing renewable energy sources such as solar and wind power. Analysts believe that for Chinese companies, this represents a historic opportunity to transition from capacity advantages to global energy governance leadership. In the short term, solar equipment manufacturers will experience a peak in deployment over the next 3-5 years, with companies like Contemporary Amperex Technology, BYD Company Limited in the energy storage sector, and Longi and Sungrow Power Supply in the solar power sector reaping significant benefits. In the long term, operational services and energy services will become core profit models, with stable operating assets such as hydro and nuclear power holding long-term value. Energy storage will see unprecedented development opportunities. According to the latest data from Wood Mackenzie, global energy storage capacity is expected to reach 106GW by 2025, a 46% increase compared to previous years, surpassing the 100GW mark for the first time, with a cumulative global energy storage capacity reaching close to 270GW/630GWh. In terms of overseas markets, the US is expected to add 5.3GW/14.5GWh of energy storage capacity in Q3 of 2025, with a total of 19GW/52.5GWh added throughout the year. Europe is expected to add 27.1GW of energy storage capacity in 2025, a 45% increase from previous years. The household energy storage market, which was affected by falling electricity prices and clearing inventory channels in the past two years, is gradually recovering and is expected to rebound by 2026. China Securities Co., Ltd. predicts that regions will utilize their local resource endowments, such as Europe's new energy sources (offshore wind, solar, energy storage, etc.) and the US (natural gas-fired engines, nuclear energy), to quickly break free from energy shortage cycles, with global investments in energy storage and grid trends becoming clear. For example, Ukraine has introduced a large amount of household solar storage and commercial storage to ensure the security of basic energy supply amid the war. The new energy sector of the power equipment sector will see its ceiling lifted, with significant medium-term valuation increases and the removal of overcapacity haze suppressing valuation in the sector. Huatai believes that the situation in the Strait of Hormuz may accelerate global energy transition. Huatai speculates that countries heavily reliant on LNG imports for power generation will first increase coal purchases in the short term in response to emergencies, and will quickly deploy solar storage systems (including household solar storage) to boost coal demand; in the medium to long term, a move towards wind energy storage, nuclear power, and the use of green hydrogen for methanol production will be necessary. Conflict may lead to disruptions in energy supply and high prices, fueling demand for energy storage. It is estimated that by 2030, global energy storage installations could reach 1500GWh+. Related stocks: Contemporary Amperex Technology (03750): Specializing in the research, development, production, and sales of power batteries and energy storage battery systems, Contemporary Amperex Technology has maintained the global market share in power batteries and energy storage batteries for many years. In 2025, its total revenue was 423.7 billion RMB, a 17% increase from the previous year; net profit was 72.2 billion RMB, a 42% increase. GCL TECH (03800): On January 28th, GCL TECH announced that it had entered into a subscription agreement with an independent third-party subscriber, CPICIM AI Computing Power SP, after trading hours on the same day, planning to issue convertible bonds with a total principal amount not exceeding 1.17 billion Hong Kong dollars. According to sources, the proceeds from this issuance will be fully used to invest in a special mergers and acquisitions fund, focusing on advanced new energy technologies and products such as granular silicon and perovskite in the United States, to establish a new growth pattern of "technology iteration + global layout". XINYI SOLAR (00968): CCB International recently released a research report stating that they have raised XINYI SOLAR's target price by 40%, from 3 HKD to 4.2 HKD, upgrading the rating from "hold" to "buy", and giving the industry a "neutral" rating. The company's profit forecasts for 2026-2027 have been raised by 53% and 28%, with higher average selling prices (ASP) and lower cost forecasts being the main reasons, and taking into consideration the closure of two production lines in July 2025.