Financial Associated Press, June 13, China Bank of China Securities pointed out that the global climate of new energy vehicles continues to rise, and sales for the whole year are expected to hit another all-time high. As the price of raw materials represented by lithium carbonate stabilizes, the profits of the industrial chain will be redistributed. Cell competition pattern is better, profits are expected to pick up, 4680 and sodium ion batteries are expected to scale up mass production, driving the rapid growth of related industry chains; condensed state batteries, lithium ferromanganese phosphate, composite foil and other new technologies are expected to promote industrial technology upgrading; it is suggested that priority should be given to the cell links with better layout, overseas customers' volume and some mid-stream materials links with better integrated layout.