CATL Shanghai Factory Update I March 10th, 2024

On March 11th, it was reported that the stock price of CATL surged 14.46% today, closing at 180.85 yuan, with the latest market value of 795.6 billion yuan. It is understood that Morgan Stanley's latest research report points out that as the price war in the new energy industry approaches its end, CATL is actively preparing to improve cost efficiency through a new generation of large-scale production lines and further expand its leading advantage in return on equity.

Da Mo has raised the company rating of CATL to "super allocated" and selected it as the preferred stock in the new energy industry. It has also raised CATL target price by 14% to 210 yuan. Analysis suggests that Da Mo has raised the target price of CATL to 210 RMB, demonstrating confidence in the company's future development prospects.