Newsletter summary

The Ministry of Industry and Information Technology issued a draft of the 2024 lithium battery industry specifications to improve enterprise safety and quality management, environmental protection, lithium battery performance and lithium electric material performance requirements. It is expected that the lithium battery industry will usher in high-quality development, it is recommended to pay attention to the leading links of lithium battery and related new materials companies. Risks include lower-than-expected Fed interest rate cuts, higher raw material prices, capacity expansion, lower-than-expected downstream demand and policy adjustments.

Text of news flash

[the Ministry of Industry and Information Technology released the 2024 version of the new specification for the lithium battery industry.] on May 8, 2024, the Ministry of Industry and Information Technology of China announced the "Lithium Battery Industry Standard conditions (2024 edition)".ZeuspokerThe draft for soliciting opinions. Compared with the 2021 version, the new specification has been improved on a number of key indicators to promote the high-quality development of the lithium battery industry. First of all, the new norms put forward higher requirements for enterprises. In the aspect of safety and quality management, the relevant requirements of quality management system and traceability system have been added. In the aspect of environmental protection, the requirements of material production enterprises are refined, and the relevant contents of carbon footprint are added. Secondly, the new specification puts forward more stringent requirements for the production process of lithium battery. The ability to control the environmental conditions in the process of liquid injection has been strengthened, and the dew point temperature is clearly required to be controlled below-30 ℃. At the same time, the safety protection function of the battery management system has also been incorporated into the specification requirements. In addition, the new specification also improves the requirements for the performance of lithium batteries. Whether consumer, power or energy storage lithium batteries, their energy density and cycle life and other key indicators have been improved. At the same time, the requirements for the properties of lithium materials have also been strengthened. In terms of investment advice, analysts believe that the release of the new specification will help guide the healthy development of the lithium battery industry, and is optimistic about investment opportunities in the lithium sector in 2024. Investors are advised to pay attention to the leading enterprises in all aspects, as well as companies related to new technologies, new materials and solid-state batteries. However, analysts also warned investors of risks, including lower-than-expected Fed interest rate cuts, excessive increases in upstream raw material prices, excessive expansion of industry capacity, lower-than-expected economic impact on downstream demand, and risks such as changes in lithium battery-related support policies. The above content is for reference only, the investment has the risk, enters the market needs to be cautious.