Lyon released a research report saying that the target price for the Ningde Era was lowered from HK$770 to HK$670 to reflect the decline in the valuation multiplier for electric vehicle batteries, energy storage systems, battery materials and resources businesses, and maintain a “outperforming the market” rating. The bank believes that the market seems to have reflected a significant slowdown in the company's profit growth in 2027, but it may not be until the first quarter of 2027 to have a clearer judgment on demand for energy storage systems and electric vehicle batteries, and stock prices may remain fluctuating in the range.

Lyon released a research report saying that the target price for the Ningde Era was lowered from HK$770 to HK$670 to reflect the decline in the valuation multiplier for electric vehicle batteries, energy storage systems, battery materials and resources businesses, and maintain a “outperforming the market” rating. The bank believes that the market seems to have reflected a significant slowdown in the company's profit growth in 2027, but it may not be until the first quarter of 2027 to have a clearer judgment on demand for energy storage systems and electric vehicle batteries, and stock prices may remain fluctuating in the range.