Everbright Securities released a research report stating that the reality of strong lithium batteries and weak expectations continue to be interpreted, and there is a trend of strengthening during the peak season, but weak expectations cannot be falsified. The operation of battery leading and negative electrode companies is expected to remain stable. As the situation in the sector gradually became clear in '27, some of the previous excessive pessimistic expectations are expected to be repaired. The market is paying more attention to leading targets, and we need to continue to pay attention to valuation switching opportunities; while segments with strong cyclical attributes or high prices are more game-oriented, we need to wait for the market to set strong and realistic prices.

Everbright Securities released a research report stating that the reality of strong lithium batteries and weak expectations continue to be interpreted, and there is a trend of strengthening during the peak season, but weak expectations cannot be falsified. The operation of battery leading and negative electrode companies is expected to remain stable. As the situation in the sector gradually became clear in '27, some of the previous excessive pessimistic expectations are expected to be repaired. The market is paying more attention to leading targets, and we need to continue to pay attention to valuation switching opportunities; while segments with strong cyclical attributes or high prices are more game-oriented, we need to wait for the market to set strong and realistic prices.