CITIC Securities: Focus on recommending leading manufacturers in the energy storage industry chain, such as battery cells, PCS, and integration.

CITIC Securities research report stated that the 14th Energy Storage International Summit and Expo ESIE 2026, held in Beijing from April 1st to 3rd, 2026, attracted over 800 exhibitors, and the exhibition attendance has significantly increased. In this exhibition, large-capacity battery cells, sodium-ion batteries, AIDC solutions, and other products have become the key focus of various exhibitors. CITIC Securities believes that with the cancellation of mandatory storage allocation by the NDRC in Document No. 136, and the establishment of a national capacity electricity price mechanism in Document No. 114, the domestic energy storage industry will shift from cost prioritization to value creation, and the competitive landscape will improve. The report highlights top manufacturers in the energy storage industry chain including battery cells, PCS, integration, and other segments.