Opportunities for Lithium Battery Concept

Now the new energy industry chain is moving more and more like liquor stocks, being frantically held together by funds. BYD is the leader in new energy vehicles, Ningde Times is the leader in lithium batteries, and Longji is the leader in photovoltaics.

Today, CATL has soared by 12%, and the total market value has reached 757.1 billion; BYD has a daily limit, with a total market value of 528.2 billion; Longji shares has a daily limit, with a total market value of 322.2 billion. According to the precedent of liquor stock speculation, the leader of Kweichow Moutai first opened up the space, and then the second and third line liquor stocks supplemented the rise, such as the recent old liquor and golden seed liquor. New energy vehicles have been highly speculated in the first few months, but the relative rise of lithium batteries has not been so high. Now that the skyrocketing of the Ningde era opens up space, the second and third-tier lithium battery concept stocks should have the opportunity to make up the rise.

Lithium batteries look at the marginal changes in the pattern, and the materials look at the supply and demand and price trends. Batteries: The trend of concentration of leading companies remains unchanged, and it is difficult to shake the 'one super, many powerful'. Leading companies rely on the advantages of large-scale production and technological research and development to bind car companies, leading in multiple dimensions, and continue to enjoy premium prices. Second-tier players at home and abroad continue to enter the supply chain of leading auto companies to seize the mid-to-later share. Positive electrode: The resurgence of iron-lithium and the trend of high nickel are dancing together. The penetration rate of iron-lithium for passenger cars has rebounded. The price of iron-lithium anode has stabilized. Leading companies are expected to usher in profit improvement and achieve rapid growth.

The trend of high nickel is confirmed, the global penetration rate continues to rise, and the supply pattern is relatively good. Negative electrode: local companies support overseas battery leaders, integrated operation and stable raw material prices and profitability improvements are gradually realized.

Electrolyte: The price of lithium hexafluorophosphate continues to rise, and the supply-side gap is rigid in 21 years, and the upward trend in prices may continue. Electrolyte prices have followed the rebound, and corporate profitability is expected to improve. Leading companies have the advantage of enlarging their scale to benefit from the business cycle.

Diaphragm: Wet-processed diaphragm is the mainstream product in the market. Leading companies have significant scale and cost advantages, supplying overseas leaders to accelerate export substitution.

Upstream lithium salt: The price of lithium carbonate stabilizes and picks up, and lithium hydroxide continues to have a quality premium.

List of companies in the industry chain: Lithium batteries: Ningde Times, Yiwei Lithium Energy, Guoxuan High-Tech, Penghui Energy, Funeng Technology, Xinwangda;

Positive electrode: Dangsheng Technology, Defang Nano, Rongbai Technology, Xiangtan Electrochemical, Keheng Co., Ltd., Shanshan Co., Ltd.; negative electrode: Putailai, Zhongke Electric, China Baoan;

Electrolyte: Xinzhoubang, Tianci Materials, Polyfluoride, Shida Shenghua; Carbon Nanotubes: Tiannai Technology; Diaphragm: Enjie, Xingyuan Material, Sinoma Technology , Cangzhou Pearl;

Structural parts: Kodali; Copper foil: Jiayuan Technology, Nord shares; Lithium battery equipment: Pioneer Intelligence, Yinghe Technology, Hangke Technology , Nebula, Huazi Technology, Keheng; Upstream lithium salt: Shengxin Lithium Energy, Tianqi Lithium, Ganfeng Lithium, Tibet Mining.