工具电池景气向上，拓展BBU电池第二增长曲线

国金证券2025-02-23

（以下内容从国金证券《工具电池景气向上，拓展BBU电池第二增长曲线》研报附件原文摘录）蔚蓝锂芯(002245)投资逻辑公司是全球小圆柱电池领先企业，主业工具电池去库结束，重回上行周期，公司实现量利齐升，LED业务景气改善，实现扭亏为盈，新拓展BBU电池，有望实现国产替代，打造第二增长曲线。工具电池：重回上行周期，公司量利齐升。1）去库结束，工具电池需求上行:下游经历两年低迷后，24年工具链重回上行...

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