On December 22, the stock indexes of the two cities rose and fell intraday, the Shanghai Composite Index rose again at the end of the session, and the Beijing Stock Exchange 50 Index bottomed out and reboundedThe turnover of the two cities has been enlarged, with a large intraday outflow of northbound funds, and some funds returning at the end of the session.
Most of the industry sectors closed down, the game and culture media sectors fell hard, education, Internet services, software development, communication services, computer equipment and other TMT tracks fell first, and the energy metals, aerospace, photovoltaic equipment, shipping ports, and battery sectors rose against the market. Tesla announced that the company has officially launched a new large-scale factory project in Shanghai with an annual production capacity of 10,000 megapack stationary battery banks, marking the official launch of what the company calls a "milestone project." Dongguan ** said that the technical routes such as TOPCON, HJT, IBC, and perovskite are developing rapidly simultaneously, and the phased overcapacity is conducive to the survival of the fittest in the industry, and the head enterprises that pay attention to battery equipment and inverter links;Everbright** pointed out that in the context of the slowdown in demand for new energy vehicles and lithium batteries, structural investment opportunities led by product and technological innovation are worth paying attention to, and self-developed batteries and integrated battery factories by car companies will become a trendCITIC believes that with the industrialization and loading of semi-solid-state batteries, the future of all-solid-state batteries can be expected. 
Dongguan**: A leading enterprise focusing on battery equipment and inverters
At present, there is a phased overcapacity phenomenon in the photovoltaic industry, but the photovoltaic industry chain is long and the technology iteration is fast, and the technical routes such as TOPCON, HJT, IBC, and perovskite are developing simultaneously and rapidly. 2023-2024 is a period of rapid increase in the penetration rate of TOPCon batteries, and companies with large-scale mass production of TOPCon battery production equipment are expected to be the first to benefit in the stage of rapid increase in penetration. It is recommended to pay attention to the leading enterprises in the battery equipment and inverter links. Everbright**: Self-developed batteries and integration of battery factories by car companies will become a trend
The technical upgrade roadmap of comprehensive fast charging at the battery end + 800V high-voltage platform at the vehicle end + high-power supercharging at the pile end further verifies the previous view, and in the context of the slowdown in the demand growth of new energy vehicles and lithium batteries, the structural investment opportunities led by product and technological innovation are worth paying attention to. In terms of sorting, the pile end, the car end, the battery end, and the subdivision links, such as liquid-cooled charging module, liquid-cooled charging gun wire, SiC, anode coating material, and silicon-based anode are relatively optimistic about the direction of technological upgrading. In addition, in the battery factory war, the industry out of the cleaning period, the lack of technical product strength, the financial strength of the battery companies or will face risks, car companies self-developed batteries, integration of battery factories will become a trend.
CITIC**: All-solid-state batteries have great application potential in the future
All-solid-state batteries do not use separators and electrolytes, breaking through the bottleneck of safety and energy density, and have huge application potential, but subject to cost and practical application performance, all-solid-state batteries are still in their infancy. In terms of material system, it is expected that the cathode material will transition from high-nickel ternary to lithium-rich manganese-based, and the anode will transition from silicon-carbon anode to lithium metal. With the cost reduction and industrialization of the solid-state battery industry chain, all links of solid-state batteries will fully benefit. It is recommended to pay attention to Huayou Cobalt, Northern Rare Earth, Ganfeng Lithium, etc. Chuancai**: Pay attention to the battery link in the lithium battery industry chain
Continuous multiple rounds of price reductions have made consumers think inertia, consumers maintain high expectations for price reductions, and the actual perception after price reductions has gradually been blunted, and the market increment brought by the downward exploration is very limited. It is recommended to pay attention to the battery link with strong profitability in the lithium battery industry chain, as well as new technologies, new application transformation links, composite current collectors, sodium-ion batteries, solid-state batteries, large cylindrical batteries and other directions. Donghai**: The supply side of the battery industry has been adjusted in an orderly manner
The supply side of the battery industry has been adjusted in an orderly manner and stabilized. 1. Lithium salt, industrial-grade, battery-grade lithium carbonate supply and demand continue to play in depth, ** down;2. Cathode materials, lithium iron phosphate industry has not yet stabilized under the overall oversupply situation, and is currently on the verge of breakeven3. For anode materials, the current downstream orders have increased, but the anode factory is cautious about production4. Diaphragm, separator market demand is improving, overseas demand for wet diaphragm is rising, and the supply and demand of the diaphragm industry are basically balanced on the whole.
Guotai Junan: Mass production of super-rechargeable batteries is imminentThe charging efficiency is further acceleratedThe leading battery companies represented by CATL are leading the industry into the era of supercharging of new energy vehicles, promoting the further improvement of the market space for new energy vehicles, and optimistic about the leading enterprises in all aspects of the R&D and production of fast charging technology. Recommendation 1, battery, CATL, EVE lithium energy, benefit from the target Guoxuan Hi-Tech, Xinwangda;2. Negative electrode, beiteri, Putailai, Zhongke Electric;3. Conductive agent, benefiting from the target Black Cat shares and Tiannai Technology. (This article does not constitute any investment advice, and investors act accordingly at their own risk.) The market is risky, and investors need to be cautious. )
Article**: Oriental Wealth Research Center).