The explosion of AI computing power triggers "power shortage" anxiety; energy storage concept fluctuates in the afternoon; Shengyang Co. hits the daily limit straight up.

On March 25th, in the afternoon, energy storage concept stocks surged, with Sungrow Power Supply Co., Ltd. (002580.SZ) hitting the daily limit. Other stocks such as Wanrun New Energy (688275.SH), Chint Power (002150.SZ), Southern Power Grid Energy Storage (600995.SH), and Minmetals New Energy (688779.SH) also followed the rally.

On the news front, the explosion of AI computing power has triggered “power shortage” concerns, making computing and energy collaboration a new growth driver. As large AI models rapidly iterate, data center energy consumption has surged, leading to power supply gaps in North America and other regions. Energy storage, as a key component for peak shaving and valley filling, can ensure stable power supply for data centers and facilitate computing-energy collaboration. Currently, Tesla has mass-produced related technologies, and large-scale promotion is expected in the second half of 2026, opening a new growth space for large energy storage sectors.

Research reports from China Merchants Securities indicate that by February 2026, China’s inverter exports reached a total of 5.73 billion yuan in a single month, a 76% increase month-on-month and year-on-year. Among them, exports to Europe amounted to 2 billion yuan, up 84% year-on-year, with inventory clearance essentially completed; exports to Oceania reached 390 million yuan, up 238% year-on-year, driven significantly by subsidies.

CITIC Construction Investment Securities reports that in the lithium battery equipment sector, automakers have clarified full solid-state vehicle installation guidelines, awaiting equipment tendering as a catalyst. The industrialization progress in solid-state batteries is significant, with major companies announcing successful offline production and subsequent vehicle installation guidance, attracting considerable attention. Currently, the sector is in the “hitting zone,” with leading battery manufacturers initiating GWh-level solid-state battery production equipment tenders, aiming for small batch demonstration installations by 2027 and large-scale mass production by 2030. The order fulfillment and performance release windows for equipment companies are opening, and the industry chain’s volume and prices are expected to rise together. The valuation and allocation value of the solid-state battery sector remains optimistic.