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<Research>Citi: CATL (300750.SZ) Signs Sodium-ion Energy Storage Co-op Agreement with HyperStrong; Rating Kept at Buy
Recommend 22 Positive 35 Negative 24 |
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CATL (300750.SZ) entered into a 60GWh sodium-ion energy storage battery supply agreement with HyperStrong, and keeping rating at Buy, Citi Research issued a research report saying. CATL has entered into a three-year 60GWh sodium-ion battery supply agreement with Beijing HyperStrong Technology, according to foreign media. CATL said the agreement signifies that it has successfully resolved various production challenges related to sodium-ion batteries and now possesses large-scale mass production capabilities. The broker remained bullish on lithium prices in the near term, mainly supported by supply disruptions and robust demand. Its top picks include GANFENGLITHIUM (01772.HK) (002460.SZ), TIANQI LITHIUM (09696.HK) (002466.SZ), HUNAN YUNENG (301358.SZ) and CATL's A-shares. Auto-translated by AI AASTOCKS Financial News |
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