On June 9, 2026, CICC unveiled a research report highlighting that, based on the dynamics of demand and capacity cycles, the lithium-ion battery sector is poised for continued growth. In the latter half of 2026, the supply-demand balance across various segments of the industry is expected to remain robust, with certain segments witnessing a tightening of conditions, thereby fostering further enhancements in the profitability of the industrial chain. As the industry progresses towards a phase of "rationalized competition," this upswing in the lithium-ion battery sector is anticipated to prolong. From a demand perspective, the market for new energy vehicles and energy storage is set to enter a high-demand period, while the expiration of export tax incentives and the reduction of U.S. wind and solar IRA subsidies could spur a surge in export activities. On the supply front, the incremental capacity from leading battery manufacturers will be incrementally introduced, yet this will coincide with a peak in demand, ensuring sustained high levels of capacity utilization. Additionally, the introduction of new supply in the materials segment is expected to be constrained, leading to a continued improvement in the supply-demand landscape. In the realm of emerging technologies, the industrialization of solid-state and sodium-ion batteries will forge ahead, with solid-state batteries accelerating towards commercialization and sodium-ion batteries entering the phase of large-scale production, thereby broadening their range of applications.