1 minute, limit up sealed! United States, major bombshell news breaks! This type of stock is being driven up!

The Rise of New Energy!

After computing power and electricity, the new energy sector has been performing strongly these days. Yesterday focused on wind power and energy storage; today, it’s lithium battery materials. Concept stock Jinzhengda (002470) hit the daily limit within the first minute of trading. There were initially 35 stocks in the lithium battery concept sector with gains over 5%, and at one point, 10 stocks hit the daily limit or gained over 10%.

On the morning of March 13, reports indicated that the U.S. decided not to impose tariffs on Chinese battery materials. The U.S. International Trade Commission (USITC) found that imports did not harm domestic industry. This news was interpreted by the market as a major positive signal. Some brokerages pointed out that the most benefited could be anode materials, as this category had previously been subjected to high tariffs.

Lithium Battery Stocks Surge Collectively

On March 13, the lithium battery index surged by 3% intraday. Jinzhengda, which had been strong previously, hit the limit within the first minute of opening. By midday, Putailai (603659) and Hengdian DMEGC (002056) hit the daily limit, Zhongke Electric (300035) rose over 14%, and Shantai Technology (尚太科技) increased over 7%. Overall, 35 stocks in the sector gained more than 5%.

Early that morning, a foreign media report caused a stir in the industry. The report stated that the U.S. decided not to impose tariffs on Chinese battery materials. It said the U.S. would not levy high tariffs on key Chinese battery components, as a federal agency had previously ruled that competition did not hinder the development of domestic industry. The International Trade Commission voted 2-1 to decide that the U.S. Department of Commerce would not issue anti-dumping or countervailing duties on Chinese anode materials.

Some brokerages commented that if this news is true, the most benefit would go to anode materials. The U.S. Department of Commerce had previously announced on February 11, 2026, that it made a final ruling on anti-dumping and countervailing investigations into lithium anode materials originating from China. It imposed a 93.5% anti-dumping duty on specific Chinese export companies, a uniform 102.72% anti-dumping duty on other Chinese exporters, and anti-subsidy duties ranging from 66.82% to 66.86% on all involved Chinese producers. Overall, importers would need to pay a cash deposit of 160.32% to 169.58%.

Will the Inventory Replenishment and Price Rise Continue into 2026?

Since 2025, the midstream lithium industry has entered a “recovery-boom” phase, with accelerated capital expenditure driven by a new wave of expansion and breakthroughs in solid-state battery technology. Segments with resource endowments, high barriers to entry, and high concentration (such as 6F, lithium carbonate, separators, copper foil) have track-level opportunities with significant profit elasticity. New technologies like solid-state batteries and composite copper foil are pushing material system restructuring, with industrialization expected in the second half of 2025. New scenarios such as data centers, low-altitude economy, and humanoid robots (300024) are expected to generate new growth poles.

Guojin Securities believes that the lithium battery sector will bottom out and rebound in 2025, continuing the inventory replenishment and price increase trend in 2026. Declining inventory of power batteries and rising energy storage inventory indicate the industry is entering an active replenishment phase. Demand for new energy vehicles shows differentiation: sales in ten European countries increased by 25% year-on-year, while sales in China and the U.S. declined. Prices of resources like lithium carbonate and lithium hydroxide have risen due to supply contraction, while cathode material prices face pressure but are supported by costs.

Advancements in solid-state battery standards, breakthroughs in dry electrode processes, and the initiation of pilot line construction by leading companies are accelerating technological industrialization. New technologies such as sodium batteries and composite copper foil are also speeding up deployment. On the policy side, energy storage tenders are warming up, and although subsidies for new energy vehicles are declining, the long-term growth logic remains unchanged. Investment opportunities focus on track-level segments (like 6F, separators), cost recovery in processing fees (iron lithium cathodes and anodes), and leading alpha gains (batteries, structural components).

In fact, the supply and demand landscape for lithium battery materials has changed significantly compared to two years ago. Dongguan Securities pointed out that upstream materials in the lithium battery industry chain (lithium carbonate, 6F, VC, lithium iron phosphate, separators) are cautious in capacity expansion. By the end of 2025, capacity utilization is expected to exceed 80%, with leading companies operating at full capacity, and limited new supply in 2026. Capital expenditure in the midstream battery segment increased by over 30% year-on-year in the first three quarters of 2025, while material end capacity remains shrinking. Downstream demand is driven by both ends: global lithium battery shipments are expected to reach 2280.5 GWh in 2025, with energy storage accounting for 29%. In 2026, global demand is projected to reach 3016 GWh, with energy storage possibly reaching 1090 GWh, power batteries 1453 GWh, new energy vehicle sales around 19 million units, and exports of 2.615 million units. Tight supply and demand will support prices and sustain profitability across the industry chain.