The research report issued by CITIC Construction Investment conveys a resolute optimism regarding the upward trajectory of energy storage demand, firmly believing that short-term setbacks will not deviate the industry from its overall course. Lately, the energy storage sector has undergone substantial corrections, mainly driven by speculations surrounding supply chain pricing and a general market downturn. CITIC Construction Investment posits that the fundamental rationale supporting the growth in energy storage demand stays intact, despite potential short-term volatilities stemming from a sluggish power demand in the first quarter and supply chain price hikes falling short of market anticipations. Nonetheless, the production planning for energy storage in the first quarter continues to be strong, and it is recommended to concentrate on the upstream lithium carbonate sector, along with battery and integrator segments that boast a high degree of specialization in energy storage.