Huatai Securities: Optimistic about the configuration opportunities of energy storage and power equipment after adjustment.

Huatai Securities pointed out that the stock prices of the energy storage and power equipment sectors have experienced a overall pullback recently, which is believed to be influenced by a June 30th news report from Reuters. The news stated that the United States is drafting a ban on inverters for China, with the restriction being on grid-connected photovoltaic + energy storage inverters, which is expected to be implemented by the Federal Communications Commission (FCC) in the future. Huatai Securities believes that assuming the possibility of the implementation of relevant policies, based on previous policy logic, this may still focus on "communication and network security". As domestic inverter companies have already removed relevant network equipment from exported devices to the US and only provide inverter functions, and some companies are not within the scope of the mentioned policy restrictions, there is optimism for the configuration opportunities of the energy storage and power equipment sectors after adjustments.