Movement Alert|CATL Falls 3.01% in Regular Trading, Automakers Accelerating Supply Chain Diversification Amid Lithium Sector Selloff

Market Focus
09/15

On September 15, CATL fell 3.01% in regular trading, trading at HK$532.5/share, with turnover of HK$595 million. The decline came as multiple headwinds converged on the lithium battery sector.

On the news front, several major Chinese automakers are accelerating efforts to reduce dependence on CATL. Li Auto announced its self-developed 5C battery has been deployed across its L8, L6, and i8 models, with plans to phase out CATL supply on flagship vehicles. Xiaomi has introduced CALB and Sunwoda as alternative battery suppliers for its new models. GAC, Geely, Dongfeng, and others have also ramped up in-house battery R&D. The core driver behind this industry-wide shift is a profit imbalance: CATL's first-half net profit of RMB 43.28 billion exceeded the combined earnings of seven leading automakers.

Compounding the pressure, lithium carbonate futures recently broke below the RMB 130,000 threshold, hitting multi-month lows, while multiple regions have suspended acceptance of new battery capacity filings. The broader lithium battery sector saw broad-based declines. Since its May high, CATL's A-share price has retreated approximately 27%, erasing roughly RMB 600 billion in market capitalization.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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