CITIC Construction Investment: Optimistic about the investment value of lithium battery equipment and solid-state battery sectors

Ask AI · How do geopolitical conflicts affect the investment logic for the new energy sector?

【CITIC Securities Construction: Optimistic on the allocation value of lithium battery equipment and solid-state battery sectors】JiaLianShe, April 2—In a research report, CITIC Securities Construction stated that high oil prices are pushing the global electrification trend to accelerate, and strong lithium battery industry conditions boost equipment demand. As the situation in the Middle East escalates and navigation through the Strait of Hormuz is disrupted, the geopolitical conflict may keep international energy prices, represented by crude oil, at relatively high levels for the long term. Lithium batteries, as an emerging mode for propulsion and energy storage, are expected to benefit significantly. The expansion schedule of leading battery companies is accelerating; orders for core lithium battery equipment such as stacking, coating, and formation are quickly rebounding. Solid-state battery pilot production line construction is also being sped up in parallel, and the equipment side’s tendering and delivery are entering a dense period. At present, the sector’s demand-driven logic is clear: high oil prices and high downstream industry conditions resonate together. We continue to be optimistic about the allocation value of the lithium battery equipment and solid-state battery sectors.