May 9, 2024CryptocardgamesThe battery sector opened high and led the market. Tianli LiNeng, Jinyang shares, leading Technology 20CM rose by the daily limit, while Tianhong Lithium, Xiang Fenghua and Derek Lithium rose by more than 10%. ETF, the relevant ETF new energy car leader ETF (159637), lithium battery ETF (561160), battery ETF fund (562880) all rose more than 3%, leading the market.
In the news, on May 8, 2024, the Ministry of Industry and Information Technology publicly solicited opinions on the regulatory conditions and announcement management measures of the lithium battery industry (draft for soliciting opinions). Among them, it is proposed to guide enterprises to reduce manufacturing projects that simply expand production capacity, strengthen technological innovation, improve product quality and reduce production costs.
In addition, China Galaxy (601881) Securities Research report quoted SMM data showing that global lithium battery production capacity is expected to reach 3100GWh, 4300GWh and 5700GWh in 2023, 2024 and 2025, which is about 3 times the demand.Cryptocardgames.1 times, 3.2 times, 3.3 times.
Everbright Securities pointed out that the profits of lithium materials stabilized in the first quarter of 2024 and are expected to recover. Due to the decline in the price of upstream resources such as lithium carbonate, intensified competition and the removal of storage, the profitability of upstream resources and mid-stream materials has declined, and the link with strong periodicity is particularly obvious. The battery sector benefited from the fall in lithium prices and the rise in gross profit margin. The profitability of structural components and ternary precursors with good pattern is stable. In addition, from the marginal change of profitability in the first quarter of 2024, the profitability of most mid-stream links narrowed, stabilized and rebounded, while lithium iron phosphate, electrolyte and negative electrodes rebounded month-on-month, and the plate showed a trend of profit stabilization.
Related ETF: new energy car leader ETF (159637)
Lithium battery ETF (561160)
Battery ETF Fund (562880)
Battery head ETF (159767)
Battery ETF (561910)
Battery 50ETF (159796)
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