The battery industry is expected to remain prosperous, with Southern Fund's battery ETF Southern (159147.SZ) receiving a single-day net inflow of 247 million yuan.

On May 11th at 10:15 AM, the A-share market opened higher and continued to rise, with both the Shanghai and Shenzhen markets advancing collectively. The Battery ETF Southern (159147.SZ) increased by 0.97%. As of last Friday’s close, the Battery ETF Southern (159147) continued to receive net capital inflows for four consecutive days, with a single-day net inflow of 247 million yuan on the previous trading day.

On the news front, China’s battery production has hit new historical peaks for three consecutive months, with the proportion of energy storage cell production increasing to 42.3%, indicating sustained strong industry demand. Overall lithium resource increments are limited, coupled with Zimbabwe’s suspension of spodumene exports for nearly two months, leading to tighter market liquidity. Geopolitical fluctuations in the Middle East may cause increased mining costs and transportation restrictions for countries relying on diesel imports, providing support to lithium prices. It is expected that lithium carbonate prices will remain relatively strong in the short term, and industry prosperity is likely to continue. From industry performance, the lithium battery sector has recently led in gains. State-owned enterprises in the energy storage field have established several new energy storage companies, and many regions have launched new energy storage project selections, with significant month-on-month growth in bidding scale.

Battery ETF Southern (159147), OTC connection (A: 018926; C: 018927).