Changes in Hong Kong stocks | At the end of the Ningde Era (03750), mainstream NEV companies adjusted their power battery procurement strategies and introduced second-tier battery manufacturers

The Zhitong Finance App learned that the Ningde Era (03750) fell nearly 9% at the end of the session. As of press release, it fell 7.92% to HK$587, with a turnover of HK$3,036 billion.

According to reports, several NEV manufacturers have recently adjusted their power battery procurement strategies and gradually introduced second-tier battery manufacturers as second- and third-tier suppliers. According to the Ministry of Industry and Information Technology's new vehicle declaration information, the Quanjie M6 pure electric version has already used Guoxuan Hi-Tech batteries, and Hongmeng Zhixing has achieved mass production by second-line battery companies; ideally, the new L8 has switched to Sunwoda batteries, and brands such as Xiaomi, Zero Sport, and GAC Aian are also expanding the diversified battery supply list.

Zhang Xiang, Secretary General of the International Intelligent Vehicle Technology Association, said that currently, second-tier companies represented by Guoxuan Hi-Tech and Everweft Lithium Energy are breaking through at an accelerated pace and reshaping the competitive landscape of the industry. “Judging from the long-term trend, the leading agglomeration effect in the battery industry is slowing down, and it is difficult for the industry to return to a pattern dominated by oligarchs in one direction.”