Policy + demand drives the boom in lithium battery stocks

China Securities Network reported that yesterday, the two stock indexes fell first and then rise, the lithium battery sector rose 2.97%, Foshan Plastic Technology, Jiayu shares, Yan Feng Lithium and other three stocks daily limit, Tianqi Lithium Industry, Penghui Energy, The increase in polyfluoride, Huayou Cobalt, Guoxuan Hi-Tech, and National Optoelectronics are all above 7%.

It is worth mentioning that since May, the overall investment opportunities of the lithium battery industry chain have been recognized by many institutions. Among them, the main reason for the improvement of the fundamentals of the industry is the increase in policy and demand growth.

At the beginning of the month, the Ministry of Industry and Information Technology released the fourth batch of “Recommended Models for Promotion and Application of New Energy Vehicles” in 2017, and a total of 453 new energy vehicles were selected. In this regard, CICC said that the normalization of policy is conducive to the continued growth of new energy vehicle sales, while the technology upgrade trend of high energy density is expected to continue to increase the demand for high-quality batteries and materials, optimistic about the trend of the industry chain, future quality products and materials In short supply, the best-selling models will promote the market share of leading battery and materials companies.

Tianfeng Securities said that the output of new energy vehicles at home and abroad is expected to increase significantly in the third and fourth quarter of this year. The demand for lithium salt is about three months ahead of that of new energy vehicles, and prices are expected to continue to rise. In fact, the recent price of lithium carbonate has also shown signs of rising. According to business community data, since April 26, the price of battery-grade lithium carbonate has increased by 2,000 yuan per ton, an increase of 1.52%.

In terms of performance, the performance of the listed companies in the first quarter of this year continued to grow rapidly under the high base of last year. Among them, Jianrui Woneng, Guancheng Datong, Xiangtan Electrochemical, Shentiandi A, Shengyu Mining, Jingshan Light Machine, etc. In the first quarter, the company's net profit attributable to the parent company increased by more than 10 times.