"ning wang" takes action, four major drivers arrive

"Ning Wang" took action!

On Monday morning, the A-shares were the "strongest".CATL (Contemporary Amperex Technology Co., Limited)CATL's A-shares surged more than 14%, reaching a record high. Its H-shares also jumped nearly 9%, setting a new historical high. As a result, the battery sector saw a significant boost, with the sector's gains exceeding 5% at one point.

Analysts believe that there are mainly four favorable factors driving it:

First, this morning,China Association of Automobile ManufacturersInitiate the guidelines for payment of supplier accounts by automotive manufacturing enterprises.

Secondly, Fujian released the "Action Plan for Accelerating the Comprehensive Green Transformation of Economic and Social Development in Fujian" over the weekend.

Third, September 12thNational Development and Reform CommissionThe National Energy Administration issues the "Special Action Plan for the Large-scale Construction of New Energy Storage (2025-2027)", in conjunction with the recent convening of the Energy Storage Conference.

Four is,Ministry of Industry and Information TechnologyEight departments have recently jointly issued the "Work Plan for Stable Growth in the Automotive Industry (2025-2026)", aiming to achieve an annual automobile sales of approximately 32.3 million units in 2025.Sales of new energy vehiclesAround 15.5 million vehicles.

"Ning Wang" erupts

While other hard technology stocks plummeted, Ning Wang surged. Its A-shares once rose more than 14% during the morning session, and its H-shares also jumped nearly 9%.

The battery sector has also surged significantly.Zhongyi Technology、Tianhong Lithium Battery、Lijia Technology、EVE Energy、DeRui Lithium BatteryThe battery ETF once surged over 5%, with others also rising strongly.

On September 7th, CATL released its LFP (lithium iron phosphate) power battery product, Shenxing Pro, which is available in Long Life and Ultra-Fast Charging versions and primarily targets the European market. It features the NP3.0 technology platform, which boasts the highest safety level in the global battery sector, with a system integration efficiency of 76%. The Shenxing Pro Ultra-Fast Charging version achieves a range of 683 kilometers (WLTP condition) and can provide 478 kilometers of range replenishment with just 10 minutes of charging (WLTP condition); under extreme cold conditions, it can charge from 20% to 80% in 20 minutes. The Long Life and Long Range version of the Shenxing Pro battery offers an impressive range of 758 kilometers (WLTP condition) and an ultra-long lifespan of 12 years or 1 million kilometers. The NP3.0 safety technology platform it employs prevents heat escape, and does not produce flames or smoke during thermal runaway. Additionally, it meets the requirements for L3/L4 level autonomous driving, achieving breakthroughs in both safety and performance.

Additionally, the industrialization process of solid-state batteries is accelerating, with clear support from both policy and industry sides.

The Ministry of Industry and Information Technology proposed supporting basic research on all-solid-state batteries through the national key R&D programs, and several leading battery companies such asCATL、Guoxuan High-Tech、EVE Energy、Funeng TechnologyAll have clarified their mass production plans, and it is expected to achieve GWh-level capacity by 2026. As upstream players in the industrial chain, equipment manufacturers are likely to be the first to benefit from the demand growth driven by technological breakthroughs and capacity expansion.

Four major drivers

Ning Wang's breakout is the result of the accumulation of multiple favorable factors.

First, translate the above content into English and output the translation directly without any explanation.China Association of Automobile ManufacturersOn the 15th, a "Normative Initiative on Payment of Accounts Payable to Suppliers by Automobile Manufacturers" was released, which aims to standardize key aspects such as order confirmation, delivery and acceptance, payment and settlement, and contract duration in procurement contracts between automobile manufacturers and supplier companies. The initiative specifies that Party A (automobile manufacturer) and Party B (supplier company) should confirm order dates and other matters through purchase orders. Party B should deliver goods to Party A as stipulated in the purchase order and delivery notice. Party A should complete acceptance of the goods in a timely manner upon receipt (in principle, no more than three working days). Regarding payment and settlement, the initiative proposes that the payment period for Party A starts from the date when Party B delivers the goods and passes Party A's acceptance, with a maximum duration of no more than 60 calendar days (postponed if the payment date coincides with a statutory holiday). The initiative also advocates for both parties to establish a long-term stable cooperative relationship, with each contract having a validity period of no less than one year.

Second, recently,Communist Party of China Fujian Provincial Committee、Government of Fujian ProvinceIssuing the "Action Plan on Accelerating the Comprehensive Green Transformation of Fujian's Economic and Social Development". The goal is that by 2030, the green transformation in key areas will be deeply advanced, green production and lifestyle will be widely adopted, the efficiency of major resource utilization will be further improved, and the comprehensive green transformation of economic and social development will achieve significant results. In terms of key tasks, the action plan proposes to promote the growth and expansion of green and low-carbon industries. By 2030, the scale of the energy-saving and environmental protection industry will reach approximately 300 billion yuan.

Thirdly, on September 12th,National Development and Reform Commission、National Energy AdministrationIssuing the "Special Action Plan for the Large-scale Construction of New Energy Storage (2025-2027)." The overall goal proposed by the "Plan" is that by 2027, the total installed capacity of new energy storage nationwide will reach over 180 million kilowatts (or 180 gigawatts), driving direct project investment of approximately 250 billion yuan. The technical route for new energy storage will still primarily focus on lithium-ion battery storage. Additionally, the World Energy Storage Conference 2025 will be held by...Ministry of Industry and Information Technology Equipment Industry Development Center、Fujian Provincial Department of Industry and Information Technology、Ningde Municipal People's GovernmentCo-hosted, it will be held in Ningde from September 16th to 18th.

Fourth, September 13th,Ministry of Industry and Information TechnologyThe eight departments have issued the "Work Plan for Stable Growth in the Automotive Industry (2025-2026)" (hereinafter referred to as the "Plan"), which aims to achieve approximately 32.3 million vehicle sales by 2025, representing a year-on-year increase of about 3%, and a year-on-year growth of approximately 6% in the added value of the automotive manufacturing industry.

The "Plan" takes the expansion of domestic consumption as a core focus and deploys several practical measures, including 25 pilot cities for the electrification of public sector vehicles. It plans to promote over 700,000 new energy buses, logistics, and delivery vehicles. The plan will continue the initiative of bringing new energy vehicles to rural areas and address the gaps in county-level charging and swapping infrastructure. It will implement tax incentives for new energy vehicles, including reductions in vehicle purchase tax and vehicle and vessel tax, and deepen car insurance reform. Additionally, it will enforce the policy of trade-in for new cars, support the renewal of new energy buses and power batteries, expand aftermarket consumption such as modification and leasing, and encourage regions with car purchase restrictions to optimize their policies.

CITIC SecuritiesAccording to the research report, in the lithium battery sector, the market demand for 2025 has already exceeded expectations. The current core issue is whether the demand forecast for 2026 will continue to be revised upward. Continued attention should be paid to energy storage bidding and installation data, the confidence level of 2026 guidance, the continuation of policies such as vehicle trade-in programs in 2026, and information on lithium battery production schedules.

Source:Securities China