On November 20, the 2024 GaoGong Lithium Battery Annual Conference opened in Shenzhen, where leading enterprises in the lithium battery industry gathered again to review and look forward to the year. The organizer GaoGong Lithium Battery predicts that the prices in the lithium battery industry chain will bottom out in the first quarter of 2025 and then rebound, saying, "Next year will be better, and the year after will be even better." In addition, the Matthew effect within the industry will further manifest, with leading enterprises such as contemporary amperex technology continuing to expand production, while third-tier enterprises are likely to exit the industry. The chairman of contemporary amperex technology, Zeng Yuqun, believes that it is necessary to continue to expand the application boundaries of electrification while protecting innovation and respecting intellectual property rights. Going overseas can be regarded as the primary market strategy for the lithium battery industry at present. From the interpretations of entrepreneurs at the annual meeting, exchanging technology for markets and sharing benefits with local countries may be the most feasible path. (ShangHai Securities Journal)