[hot stocks] Lithium battery plate pulls up Yahua Group's daily limit. China Automobile Association expects new energy vehicle sales to increase by 40% this year compared with the same period last year.

SMM1 March 4: today, the lithium battery plate continued to rise, Ya Hua Group, Nord shares rose by the limit, Hangke Technology, Ningde era rose more than 11%, Yiwei Lithium Energy rose more than 10%, Zhongwei shares, Green Mei and other stocks rose sharply.

The new energy vehicle industry is facing broad development opportunities, and there is still a huge amount of room in the market. The China Automobile Association predicts that total vehicle sales in 2021 will increase by 4% compared with the same period last year to 26.3 million vehicles, the growth rate of new energy vehicles is expected to reach 40%, and the total sales will climb to 1.8 million. This has brought a huge market to the upper and middle reaches of the industrial chain.

Prior to this, on December 29, 2020, Yahua Lithium Industry (Ya'an) Co., Ltd., a wholly-owned subsidiary of Sichuan Yahua Industrial Group Co., Ltd., signed a supply contract with Tesla of the United States, agreeing that from 2021 to 2025, Tesla would purchase battery-grade lithium hydroxide products with a total value of US $630 million-US $880 million from Ya'an Lithium Industry.

Hangke Science and Technology announcement, the company and Hefei Guoxuan Hi-Tech Power Energy Co., Ltd. (referred to as "Guoxuan Hi-Tech") signed the "Annual equipment Purchasing Framework Agreement" from 2020 to 2021, the company sells lithium-ion battery post-processing system equipment to Guoxuan Hi-Tech, the total amount is expected to not exceed 371 million yuan.

At the end of December, Ningde Times announced that it would invest in the expansion of Jiangsu production base of lithium-ion battery, the Yibin manufacturing base of power battery and the construction of Fuding production base of lithium-ion battery, with a total investment of no more than 39 billion yuan.

Ping an Securities said to maintain the Ningde era strongly recommended rating. The reasons for the rating mainly include: 1) echoing the beginning and end of the year, starting the second large-scale production expansion plan of the year; 2) continuing to expand, with a planned capacity of more than 300 GWhter3) the prosperity of the industry is high, and the company's leading position is prominent. Risk hints: 1) the risk of intensified market competition, the imminent entry of overseas power battery enterprises into China will have an impact on the existing market pattern and price system, 2) the risk of repeated epidemic situation, if the subsequent epidemic can not be timely and effectively controlled in the world, it will have a negative impact on terminal demand and production. 3) the risk of subsidy policy, the power battery industry is greatly affected by supporting policies. if the subsidy intensity and technical standards change significantly, it will affect the development process of the industry.