CITIC Securities: The certainty of the substantial increase in energy storage volume has greatly increased.

The report from CITIC Securities Research stated that the certainty of energy storage volume has significantly increased. The enthusiasm for energy storage investment is strong, the capacity compensation policy is sustainable, and factors such as the continuous development of new energy will continue to drive demand for energy storage. At the same time, AIDC paired energy storage provides certainty for high growth in overseas markets. Driven by the conference against internal competition, lithium battery companies have stabilized and rebounded this week. Currently, it is the stage of price negotiation and production verification. The market's understanding of demand is not yet consistent. It is important to pay attention to future production scheduling and price negotiations. It is recommended to continue to be bullish on the lithium battery and energy storage sectors.