<p>据 CLSA 报告，中国计划在未来五年内投资约 2950 亿美元在全国范围内建设人工智能数据中心（AIDC）。该券商估计，这可能在未来五年内为中国的能源存储电池产生潜在的增量需求 125GWh，相当于其对中国今年能源存储需求预测的四分之一。</p>
<p>该券商认为，这将为中国的电池概念股提供强劲的催化剂，并且近期股价回调提供了买入机会。在行业选择方面，该券商最看好宁德时代 (03750.HK) -33.000 (-4.776%) 空头头寸 $732.91M; 比率 40.138% (300750.SZ) -10.850 (-2.716%)，其次是思格新能 (06656.HK) -25.800 (-6.768%) 空头头寸 $20.22M; 比率 25.220%，中创新航 (03931.HK) -1.200 (-4.591%) 空头头寸 $5.28M; 比率 7.715%，瑞浦兰钧 (00666.HK) -0.460 (-3.441%) 空头头寸 $576.25K; 比率 3.790%，以及国轩高科 (002074.SZ) -0.860 (-2.898%) 。</p>
<p>股票 | 投资评级 | 目标价格</p>
<p>宁德时代 (300750.SH) | 跑赢大盘 | 人民币 570</p>
<p>宁德时代 (03750.HK) -33.000 (-4.776%) 空头头寸 $732.91M; 比率 40.138% | 跑赢大盘 | 港币 820</p>
<p>思格新能 (06656.HK) -25.800 (-6.768%) 空头头寸 $20.22M; 比率 25.220% | 跑赢大盘 | 港币 608</p>
<p>中创新航 (03931.HK) -1.200 (-4.591%) 空头头寸 $5.28M; 比率 7.715% | 跑赢大盘 | 港币 49</p>
<p>瑞浦兰钧 (00666.HK) -0.460 (-3.441%) 空头头寸 $576.25K; 比率 3.790% | 跑赢大盘 | 港币 22</p>
<p>国轩高科 (002074.SZ) -0.860 (-2.898%) | 跑赢大盘 | 人民币 41</p>
<p>（香港股票报价延迟至少 15 分钟。空头数据截至 2026-06-09 16:25。）（A 股报价延迟至少 15 分钟。）</p>

宁德时代

思格新能

国轩高科

瑞浦兰钧

中创新航

<p>CLSA 报告称，中国计划在五年内投资 2950 亿美元用于人工智能数据中心，这可能推动对能源存储电池的额外需求达到 125GWh。该券商将此视为电池股票的催化剂，并建议在近期回调时买入，其中宁德时代被视为首选，其他推荐公司包括思格新能、 中创新航、瑞浦兰钧和国轩高科</p>

<p>China reportedly plans to invest approximately USD295 billion over the next five years to build artificial intelligence data centers (AIDCs) nationwide, CLSA said in its report. The broker estimated that this could generate potential incremental demand of 125GWh for energy storage batteries in China over the next five years, equivalent to about one-quarter of its forecast for China’s energy storage demand this year.</p>
<div class="lb-trans"><p>据 CLSA 报告，中国计划在未来五年内投资约 2950 亿美元在全国范围内建设人工智能数据中心（AIDC）。该券商估计，这可能在未来五年内为中国的能源存储电池产生潜在的增量需求 125GWh，相当于其对中国今年能源存储需求预测的四分之一。</p>
</div><p>The broker assumed this will provide a strong catalyst for China’s battery concept stocks, and that the recent share price pullback presents a buying opportunity. In terms of sector picks, the broker favored CATL (03750.HK) -33.000 (-4.776%)  Short selling $732.91M; Ratio 40.138%  (300750.SZ) -10.850 (-2.716%)  the most, followed by SIGENERGY (06656.HK) -25.800 (-6.768%)  Short selling $20.22M; Ratio 25.220%  , CALB (03931.HK) -1.200 (-4.591%)  Short selling $5.28M; Ratio 7.715%  , REPT BATTERO (00666.HK) -0.460 (-3.441%)  Short selling $576.25K; Ratio 3.790%  , and GOTION HIGH-TECH (002074.SZ) -0.860 (-2.898%)  .</p>
<div class="lb-trans"><p>该券商认为，这将为中国的电池概念股提供强劲的催化剂，并且近期股价回调提供了买入机会。在行业选择方面，该券商最看好宁德时代 (03750.HK) -33.000 (-4.776%) 空头头寸 $732.91M; 比率 40.138% (300750.SZ) -10.850 (-2.716%)，其次是思格新能 (06656.HK) -25.800 (-6.768%) 空头头寸 $20.22M; 比率 25.220%，中创新航 (03931.HK) -1.200 (-4.591%) 空头头寸 $5.28M; 比率 7.715%，瑞浦兰钧 (00666.HK) -0.460 (-3.441%) 空头头寸 $576.25K; 比率 3.790%，以及国轩高科 (002074.SZ) -0.860 (-2.898%) 。</p>
</div><p>Shares | Investment Ratings | Target Prices</p>
<div class="lb-trans"><p>股票 | 投资评级 | 目标价格</p>
</div><p>CATL (300750.SH) | Outperform | RMB570</p>
<div class="lb-trans"><p>宁德时代 (300750.SH) | 跑赢大盘 | 人民币 570</p>
</div><p>CATL (03750.HK) -33.000 (-4.776%)  Short selling $732.91M; Ratio 40.138%  | Outperform | HKD820</p>
<div class="lb-trans"><p>宁德时代 (03750.HK) -33.000 (-4.776%) 空头头寸 $732.91M; 比率 40.138% | 跑赢大盘 | 港币 820</p>
</div><p>SIGENERGY (06656.HK) -25.800 (-6.768%)  Short selling $20.22M; Ratio 25.220%  | Outperform | HKD608</p>
<div class="lb-trans"><p>思格新能 (06656.HK) -25.800 (-6.768%) 空头头寸 $20.22M; 比率 25.220% | 跑赢大盘 | 港币 608</p>
</div><p>CALB (03931.HK) -1.200 (-4.591%)  Short selling $5.28M; Ratio 7.715%  | Outperform | HKD49</p>
<div class="lb-trans"><p>中创新航 (03931.HK) -1.200 (-4.591%) 空头头寸 $5.28M; 比率 7.715% | 跑赢大盘 | 港币 49</p>
</div><p>REPT BATTERO (00666.HK) -0.460 (-3.441%)  Short selling $576.25K; Ratio 3.790%  | Outperform | HKD22</p>
<div class="lb-trans"><p>瑞浦兰钧 (00666.HK) -0.460 (-3.441%) 空头头寸 $576.25K; 比率 3.790% | 跑赢大盘 | 港币 22</p>
</div><p>GOTION HIGH-TECH (002074.SZ) -0.860 (-2.898%)  | Outperform | RMB41</p>
<div class="lb-trans"><p>国轩高科 (002074.SZ) -0.860 (-2.898%) | 跑赢大盘 | 人民币 41</p>
</div><p>(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-09 16:25.) (A Shares quote is delayed for at least 15 mins.)</p>
<div class="lb-trans"><p>（香港股票报价延迟至少 15 分钟。空头数据截至 2026-06-09 16:25。）（A 股报价延迟至少 15 分钟。）</p>
</div>

里昂证券表示，中国的 AIDC 建设计划将促进储能电池的需求；首选宁德时代