A research report from CITIC Securities indicates that the lithium battery industry is expected to see rising prosperity in 2027. On the demand side, several factors will drive sustained robust demand for power batteries: the increase in per-vehicle battery capacity and the growing share of pure electric vehicles in the domestic market, the upward trend in global oil prices, and the emergence of a new car cycle. In the energy storage sector, more diversified revenue models and emerging applications such as AIDC (AI Data Centers) will enhance the economics of installed capacity, and global energy storage demand is poised to rise on the back of domestic and international synergies. On the supply side, new capacity expansion in batteries and midstream materials will focus on high-end products and overseas capacity. Supply and demand are expected to improve further in 2027, industry chain prices will stabilize and rebound, and high-end products are expected to command higher technology premiums. The industrialization of next-generation batteries — including solid-state and sodium-ion batteries — is accelerating, creating investment opportunities across the battery, material, and equipment segments. We recommend paying attention to high-quality leading companies in the supply chain that possess a high degree of technological differentiation and strong cost control capabilities.