Haoshik 246 billion yuan! Guoxuan High-Tech and many others expand overseas

The trace

How it reaches your house.

Starting from Gotion High-Tech (Guoxuan High-Tech), we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.

1. First impact

   Ganfeng Lithium →Prices rise

   Lithium Hydroxide (Battery Grade)

   Overseas battery-capacity expansion should lift demand for battery-grade lithium hydroxide, and Ganfeng’s 16% share plus long replacement lead time make the price effect meaningful.

   80% confidence

   Ganfeng Lithium →Prices rise

   Lithium Carbonate

   New overseas battery and cathode capacity should also tighten demand for lithium carbonate, with Ganfeng’s sizable share and 24-month replacement lead time supporting a moderate impact.

   79% confidence

   Gotion High-Tech (Guoxuan High-Tech) →supply up

   Grid-Scale Battery Storage (LFP Lithium Iron Phosphate)

   Gotion’s overseas battery-plant expansion should increase available LFP battery/storage supply, but the effect is moderated by the edge’s 7% market share and only partial substitutability.

2. Hop 2

   Lithium-ion battery cells (prismatic, cylindrical, pouch) →supply up

   Vehicles and light trucks

   More overseas battery-cell capacity raises supply of a critical vehicle input, making vehicle and light-truck production more available.

   92% confidence

   Sodium-Ion Battery Cells (Na-ion, No Lithium/Cobalt/Nickel) →supply up

   Contemporary Amperex Technology Co. Limited300750.SZ

   CATL holds the 60% share on this sodium-ion cell supply edge, so sector capacity expansion most strongly increases its available output.

   84% confidence

   Lithium Carbonate →Stands to benefit

   Australia

3. Hop 3

   China →supply up

   e.l.f. Beauty, Inc.ELF

   Because substantially all of e.l.f.'s third-party suppliers and manufacturers are in China and nearby foreign countries, more Chinese supply should directly relieve its sourcing constraint.

   93% confidence

   China →supply up

   Hamilton Beach Brands Holding Co.HBB

   With about two-thirds of Hamilton Beach's suppliers based in China, expanded Chinese industrial output should improve component and finished-goods availability.

   90% confidence

   China →supply up

   ROSS STORES, INC.