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<Research>Citi: CATL (300750.SZ) Signs Sodium-ion Energy Storage Co-op Agreement with HyperStrong; Rating Kept at Buy
CATL (300750.SZ) entered into a 60GWh sodium-ion energy storage battery supply agreement with HyperStrong, and keeping rating at Buy, Citi Research issued a research report saying....
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<Research>Citi: CATL (300750.SZ) Signs Sodium-ion Energy Storage Co-op Agreement with HyperStrong; Rating Kept at Buy
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CATL (300750.SZ)  -9.000 (-2.022%)   entered into a 60GWh sodium-ion energy storage battery supply agreement with HyperStrong, and keeping rating at Buy, Citi Research issued a research report saying.

CATL has entered into a three-year 60GWh sodium-ion battery supply agreement with Beijing HyperStrong Technology, according to foreign media. CATL said the agreement signifies that it has successfully resolved various production challenges related to sodium-ion batteries and now possesses large-scale mass production capabilities.

Related News M Stanley: CATL (03750.HK) Next-Generation Condensed-State Battery to Boost Profitability; Raises TP to HKD695
The broker remained bullish on lithium prices in the near term, mainly supported by supply disruptions and robust demand. Its top picks include GANFENGLITHIUM (01772.HK)  0.000 (0.000%)    Short selling $64.22M; Ratio 8.604%   (002460.SZ)  +1.780 (+2.048%)   , TIANQI LITHIUM (09696.HK)  0.000 (0.000%)    Short selling $78.93M; Ratio 22.787%   (002466.SZ)  +4.510 (+5.972%)   , HUNAN YUNENG (301358.SZ)  -4.760 (-4.449%)   and CATL's A-shares.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-04 16:25.) (A Shares quote is delayed for at least 15 mins.)

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