[Prevent blind expansion and put the brakes on the expansion of energy storage battery production] September 11th, while the industry is in high prosperity, hidden worries about the expansion of energy storage capacity are also accelerating. In response to market rumors that approvals for new energy storage battery projects may be tightened, reporters have recently verified with a number of battery companies that the news is true. This adjustment is not a one-size-fits-all approach to suspending projects, and the pace of subsequent energy storage project approvals will be dynamically adjusted based on the current market supply and demand. Industry analysts believe that this adjustment will accelerate industry differentiation. Leading companies with dual business layouts of power and energy storage will be limitedly affected, while small and medium-sized manufacturers that focus on the energy storage track and rely on expansion financing will be under significant pressure. At the same time, this adjustment is intended to guide the industry to rationally control the pace of production expansion, resolve the hidden dangers of long-term overcapacity in advance, and promote the energy storage industry to move towards a high-quality, rational, and sustainable development stage. (Shanghai Securities News)