Huaxi Securities: Continuously optimistic about the price increase of lithium batteries across multiple sectors.

Huaxi Securities research report indicates that energy storage is rapidly developing both domestically and internationally, with increasing demand for dynamic energy storage driving the continuous expansion of the lithium battery industry chain. Some segments of the supply chain are experiencing tight supply, leading to noticeable price increase for products such as lithium hexafluorophosphate and VC. The industry's high level of prosperity is confirmed, and it is expected that the trend of price increases will spread to other segments. Previously, some suppliers in certain segments were operating at low profitability or even at a loss. With the implementation of price hikes, it is expected that these suppliers will enter a phase of simultaneous increase in volume and profit, and continued optimism is held for energy storage cell, lithium hexafluorophosphate/VC & electrolyte, copper foil, positive and negative electrode materials, separator, and other segments.