--- title: "Institutions claim that a turning point in the supply and demand pattern of lithium batteries is about to emerge, Guocheng Mining hits the limit up" type: "News" locale: "en" url: "https://longbridge.com/en/news/280092158.md" description: "On March 23, lithium mining stocks performed actively, with Guocheng Mining hitting the daily limit and Fulin Precision rising over 10%. A report from Jiangyin International pointed out that the production scheduling in the lithium battery industry chain is recovering, and the demand for the whole year is looking positive. Changcheng Securities expects a significant increase in the bidding capacity for lithium iron phosphate energy storage by 2026. The global installed capacity of power batteries for electric vehicles grew by 10.7% year-on-year, with Chinese companies holding a market share of 73.3%. Morgan Asset Management stated that the turning point in the supply and demand pattern of the lithium battery industry chain is expected to appear in the second half of the year, and the market will realize the strong growth in first-quarter performance" datetime: "2026-03-23T03:19:21.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280092158.md) - [en](https://longbridge.com/en/news/280092158.md) - [zh-HK](https://longbridge.com/zh-HK/news/280092158.md) --- # Institutions claim that a turning point in the supply and demand pattern of lithium batteries is about to emerge, Guocheng Mining hits the limit up On March 23, lithium mining stocks experienced unusual movements, with **Guocheng Mining (000688.SZ)** hitting the daily limit, **Fulin Precision (300432.SZ)** rising over 10% at one point, and **Dazhong Mining (001203.SZ)**, **Yahua Group (002497.SZ)**, and **Shengxin Lithium Energy (002240.SZ)** also following suit. In terms of news, a report from CMB International pointed out that the lithium battery supply chain has fully rebounded in March, combined with the implementation of the "old-for-new" policy after the holiday and new car releases, leading to a positive outlook for lithium battery demand throughout the year. A research report from Great Wall Securities indicated that in February 2026, the domestic bidding capacity for lithium iron phosphate energy storage reached 26.4GWh, a year-on-year increase of 125% and a quarter-on-quarter growth of 14%. The average bidding price for the 2h system was 636.1 yuan/kWh, up 19.8% quarter-on-quarter. Guolian Minsheng stated that in January 2026, the registered installed capacity of electric vehicle power batteries globally was approximately 71.9GWh, a year-on-year increase of 10.7%. The advantages of Chinese companies continue to expand, with six Chinese companies making it into the global top ten, collectively holding a market share of 73.3%. Among them, **CATL (300750.SZ)** remains the global leader with an installed capacity of 32.5GWh and a market share of 45.2%; **BYD (002594.SZ)** ranks second with 9.9GWh, experiencing rapid growth in overseas installations; **Zhongxin Innovation (03931.HK)** has become the fastest-growing company in the top ten with a year-on-year growth rate of 51.5%. In contrast, the combined market share of the three major Korean battery companies has dropped to 12.0%. Li Bo from Morgan Asset Management stated that the lithium battery supply chain has entered an adjustment phase since the fourth quarter of 2021. From an industrial perspective, a five-year downward cycle may have been sufficiently established, and a turning point in the supply-demand pattern is expected to emerge in the second half of this year. Since the beginning of the year, the market has been keen on various themes, and during this period, although the fundamentals of the lithium battery sector have continued to strengthen, with companies' production plans repeatedly hitting historical highs, this has not been reflected in stock prices. This short-term performance divergence from long-term prosperity is a typical case of "mispricing." As financial reports are densely disclosed in mid to late March, the market will realize the strong growth of the lithium battery sector's performance in the first quarter of this year, and the expected reversal may come naturally ### Related Stocks - [000688.CN](https://longbridge.com/en/quote/000688.CN.md) - [300432.CN](https://longbridge.com/en/quote/300432.CN.md) - [561160.CN](https://longbridge.com/en/quote/561160.CN.md) ## Related News & Research - [Fulin Precision Gains After CATL Invests USD455 Million in Chinese Battery Materials Supplier](https://longbridge.com/en/news/272529943.md) - [China’s Putailai to Invest USD823.3 Million to Boost Battery Separator Film Output](https://longbridge.com/en/news/287196753.md) - [Battery storage firms eye AI demand but face grid, supply hurdles](https://longbridge.com/en/news/286790784.md) - [EVN Macedonia puts BESS of 10 MW into operation at its solar park](https://longbridge.com/en/news/286582695.md) - [US energy storage additions hit a first-quarter record, report shows](https://longbridge.com/en/news/287154085.md)