Dawn(002838) 证券时报网·2024-11-12 03:13Industry Performance - The lithium battery industry stocks surged on the 12th, with Tianhua New Energy rising over 15%, and several other companies including Hongsheng Co., Dazhong Mining, and others hitting the daily limit [1] - The China Association of Automobile Manufacturers reported that in October, the production and sales of new energy vehicles reached 1.463 million and 1.43 million units, respectively, marking year-on-year growth of 48% and 49.6%, with new energy vehicle sales accounting for 46.8% of total new car sales [1] - According to the China Automotive Power Battery Industry Innovation Alliance, the installed capacity of power batteries in October was 59.2 GWh, representing a month-on-month increase of 8.6% and a year-on-year increase of 51% [1] - From January to October, the cumulative installed capacity of power batteries in China reached 405.8 GWh, with a year-on-year growth of 37.6% [1] Company Activities - Major battery companies, represented by CATL and EVE Energy, have resumed expansion activities since the third quarter, focusing on large projects exceeding 10 GWh [1] - In addition to expansion, leading battery companies have secured lithium salt orders, and the supply chain for equipment and materials is experiencing a simultaneous upturn, significantly boosting the lithium battery industry's overall performance [1] Future Outlook - According to Yongxing Securities, the global automotive industry's transition to electrification is expected to drive increased demand for lithium batteries and related equipment [1] - The expansion activities of leading companies and breakthroughs in key extraction technologies are anticipated to revitalize the lithium battery and related supply chains [1] - Companies to watch include CATL, Jiuwu High-Tech, and Dazong Laser [1]