Cathay Pacific Haitong released a research report saying that looking at the full cycle of shortage to surplus in the lithium battery industry from 2020 to 2024, the start and fall of valuation often leads the relationship between supply and demand. In view of current market concerns that the industry's growth rate may slow in 2027, valuations in some leading sectors have fallen back to historically low levels. The performance growth rate is highly compatible with valuation, and already have good allocation value.

Cathay Pacific Haitong released a research report saying that looking at the full cycle of shortage to surplus in the lithium battery industry from 2020 to 2024, the start and fall of valuation often leads the relationship between supply and demand. In view of current market concerns that the industry's growth rate may slow in 2027, valuations in some leading sectors have fallen back to historically low levels. The performance growth rate is highly compatible with valuation, and already have good allocation value.