The Zhitong Finance App learned that the Ningde Era (03750) fell by more than 3% in the intraday period. As of press release, it fell 2.85% to HK$545.5, with a turnover of HK$641 million.

According to the news, recently, downstream car companies such as Xiaomi and Ideal are speeding up “going to Ningde”, causing the market to worry about the competitive advantage of the Ningde era. According to the Damo Research Report, in the past, the market mainly focused on BYD's DMI platform and Xiaopeng Motor's switch to other battery suppliers, but the market share continued to rise during the Ningde era. Damo believes that the Ningde Era will continue to maintain and expand its market share through continuous product innovation and performance improvements.

Also, according to the Economic Observer, a number of leading battery companies recently confirmed that since the second half of this year, all regions have basically stopped accepting production capacity filings for new power batteries and energy storage batteries, and production capacity declarations for new power and energy storage batteries have basically been suspended. The capacity utilization rate of the Ningde Era reached 94.86% in the first half of 2026. For these leading companies that have already sold at full capacity, the blocking of competitors' expansion of production means a further consolidation of market share.

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