According to TISCO (Shanxi Taigang), its independently developed SUS630 precipitation-hardening stainless steel cold-rolled plates are now being supplied steadily to domestic Printed Circuit Board (PCB) manufacturers. Throughout the recent holiday period, the company's R&D and production teams maintained strict quality control to ensure the material meets the rigorous standards required for 5G communications, automotive electronics, and medical devices. As a core material for the hot lamination process in PCB manufacturing, SUS630 was long dependent on foreign imports; however, TISCO has now become the only stable domestic supplier, successfully breaking the technical blockade.
Feb 28, 2026 16:11This week (February 27, 2026–March 5), more players entered the solid-state battery industry, with various parties “riding” the hype: Sunstone Development and TONZE stated that their sulphide projects were still in the early R&D stage; QingTao’s Wuhai 2 billion yuan project released its EIA public notice, and a 3.5 GWh production line in Taizhou commenced operations; Suzuki acquired Kanadevia’s solid-state battery business
Feb 27, 2026 13:29In the long river of history, wires and cables, as the "blood vessels" of modern industry, have played a pivotal role in driving social progress. Since the dawn of electrification pierced the night of industrial civilization, these threads have been like the pulse of the times, delivering vitality and vigor to the global economy. We are in the grand context of the Fourth Industrial Revolution, where emerging fields such as smart cities, NEVs, and 5G communications are rapidly evolving. As an indispensable infrastructure, the technological innovation and ecological construction of the wire and cable industry are particularly urgent. To strengthen communication and cooperation among peers in the wire and cable industry and to respond to future industrial changes, enhance the collaborative exchange of the industry chain, mutual understanding, and gain a more comprehensive understanding of industry-related policy directions and market development, SMM has joined hands with Shanghai Tongpin Gongzhen Information Technology Co., Ltd. to hold the "2025 SMM (3rd) Wire and Cable Industry Development Conference and Wire and Cable Industry Exhibition" on May 22-23, 2025 at the DoubleTree by Hilton Suzhou Wuzhong . The event will delve into the current status and future development trends of the wire and cable industry, promoting cooperation and exchange among related enterprises. We hope that through this conference, the complementary advantages within the industry can be fully utilized to jointly promote the healthy and sustainable development of the wire and cable industry. The conference will feature a series of high-quality forums and exhibitions, not only fostering deep cooperation between upstream and downstream of the industry chain but also aiming to drive continuous progress across the entire industry through technological innovation. We look forward to working hand in hand with our peers to map out the future development blueprint of the industry! Click the registration form to sign up immediately, and we look forward to meeting you at the conference. Booth Number: B19 Digitalization, High Efficiency for the Wire and Cable Industry Creating an Intelligent Integrated Hedging Solution Shanghai Tongpin Gongzhen Information Technology Co., Ltd. ("Tongpin Gongzhen") specializes in providing professional hedging information technology services to production, processing, and manufacturing enterprises. The company's "Zhibao Tong" product originates from the leading wire and cable industry, gathering universal needs of the industry and focusing on solving industry pain points. The system integrates functions such as futures-spot matching, trading, and risk control, helping enterprises achieve digital transformation in hedging business and realize cost reduction and efficiency improvement. "Zhibao Tong" adopts an efficient communication framework and memory management technology, incorporating hedging-related business into standardized management processes, achieving interconnection between production, procurement, sales, futures, finance, and enterprise management, and promoting the digital transformation of enterprises.The system focuses on hedging operations, aiming to reduce operational costs by streamlining the hedging process, shortening the hedging transmission chain, and optimizing the closed-loop management of hedging activities. Through the innovative application of material balance sheets, big data analysis, and modeling, it achieves intelligent risk control and enhances the overall effectiveness of hedging. "Zhibaotong" offers significant advantages. Its modular design simplifies hedging accounting and addresses the mismatch between revenue and costs. An auxiliary decision-making system is embedded in the management process to improve hedging outcomes. Advanced settlement algorithms and a multi-layered business framework enhance product scalability and maintainability. Contact Person: Tao Zheng Mobile: 186 2122 7977 Click here to register now for the 2025 SMM (3rd) Wire & Cable Industry Development Conference SMM Conference Contact Person Xiaolong Chen 18017089983 chenxiaolong@smm.cn
May 31, 2025 15:29In the long river of history, wires and cables, as the "blood vessels" of modern industry, have played a pivotal role in driving social progress. Since the dawn of electrification pierced the night of industrial civilization, these strands of wire have been like the pulse of the times, delivering vitality and vigor to the global economy. We are in the grand context of the Fourth Industrial Revolution, where emerging fields such as smart cities, NEVs, and 5G communications are rapidly evolving. As an indispensable infrastructure, the technological innovation and ecosystem construction of wires and cables are particularly urgent. To strengthen communication and cooperation among peers in the wire and cable industry and to respond to future industrial changes, it is essential to enhance collaborative exchanges within the industry chain, foster mutual understanding, and gain a more comprehensive understanding of relevant policy directions and market developments. SMM has joined hands with Hangzhou Lin'an Senyuan Cable Co., Ltd. to hold the "2025 SMM (3rd) Wire and Cable Industry Development Conference and Wire and Cable Industry Exhibition" at the DoubleTree by Hilton Suzhou Wuzhong on May 22-23, 2025 . The event will delve into the current status and future trends of the wire and cable industry, promoting cooperation and exchanges among related enterprises. We hope that this conference will fully leverage the complementary advantages within the industry, jointly promoting the healthy and sustainable development of the wire and cable sector. The conference will feature a series of high-quality forums and exhibitions, not only fostering deep cooperation across the industry chain but also aiming to drive continuous progress in the entire industry through technological innovation. We look forward to working hand in hand with our peers to map out the future development blueprint of the industry! Click registration form to sign up immediately, and we look forward to meeting you at the conference. Booth Number: B18 Focusing on the Cable Market, Shaping the Senyuan Brand Hangzhou Lin'an Senyuan Cable Co., Ltd. , established in 2004, has a registered capital of 30 million yuan. The company has two production sites located at No. 1661, Jiuzhou Street, Linglong Industrial Park, Lin'an District, Hangzhou, and No. 658, Xingyu Street, Linglong Industrial Park, Lin'an District, Hangzhou, with a total production area of 40,000 m² and over 380 employees. The company has passed ISO9001 quality management system, ISO14001 environmental management system, ISO45001 occupational health and safety management system certifications, and has been recognized as a third-level enterprise in safety production standardization. It has also been rated as a national high-tech enterprise and a specialized and innovative enterprise in Zhejiang Province. The company specializes in the production and R&D of wires, cables, and harnesses. Its main products include PVC insulated cables (wires), elevator-specific cables, highly flexible drag chain cables, industrial automation and control cables, low-voltage automotive cables, and elevator power supply and control system products.The cable products have been certified with the "Pin Zi Biao" (Quality Brand) of Made in Zhejiang. These products are widely used in industries such as power grid, escalators and elevators, new energy (PV, ESS), industrial control, and automotive. The company has a comprehensive R&D management system and a professional technical team, equipped with complete and advanced R&D hardware facilities. It has participated in the formulation of multiple product standards in the escalator and industrial control sectors, and holds 4 invention patents and over 40 utility model patents. The company has established an R&D center and a product laboratory, which have been successively recognized as municipal-level and provincial-level R&D centers in Hangzhou. The company has intelligent production lines, adopting advanced industry processes and high-precision equipment, and has established a full-process quality control system to ensure stable, safe, and reliable product performance. Equipped with professional detection equipment, it can conduct specialized tests on product bending resistance, bending and torsion resistance, tensile strength, weather resistance, and flame retardancy, providing solid guarantees for product reliability. The products have passed tests conducted by well-known domestic and overseas certification (testing) institutions, and have successively obtained CCC, CE, TUV, UL, and other certifications. The company has a comprehensive pre-sales and after-sales service system, enabling efficient and rapid responses to customer needs, and has been repeatedly awarded by strategic partners. Contact Person: Shuli Zhao Landline: 0571-63752302 Mobile: 136 0661 6932 Click here to participate immediately 2025 SMM (3rd) Wire and Cable Industry Development Conference SMM Conference Contact Person Lei Hu 137 6103 9625 hulei@smm.cn
May 31, 2025 14:37In 2024, China's industrial aluminum extrusion sector witnessed sustained growth in applications across NEVs (with projected sales exceeding 12 million units), aerospace, and low-altitude economy. However, the industry faced multiple challenges including persistently high and volatile raw material prices, technological bottlenecks, international trade frictions, and the cancellation of export tax rebates. By 2025, the aluminum extrusion industry is embracing three major growth opportunities: the state-promoted "low-altitude economy" creating new application scenarios; the continued expansion of NEVs (2024 sales estimated over 12 million units) driving surging demand for aluminum components like motor housings and sill beams; and the accelerated relocation of the industry chain to overseas markets such as Southeast Asia and Mexico to circumvent trade barriers. These trends are reshaping the industry's growth landscape. Accordingly, SMM focuses on industrial development directions while collaborating with major associations and institutions across the industry chain to jointly launch the "2025 Global Industrial Aluminum Extrusion Procurement Guide." This time, Yuantai (Shanxi) Co., Ltd. will partner with SMM to co-produce this procurement map, jointly analyzing market trends and exploring the industry's future! Yuantai (Shanxi) Co., Ltd. , established in November 2020 as a foreign-invested enterprise with registered capital of $21.07 million and total investment of $50 million. Located in Xing County Economic Development Zone, Lvliang City, Shanxi Province, the company leverages Chalco Huarun Aluminum's 99.85% high-grade liquid aluminum. It emphasizes R&D of new aluminum alloy materials and processes while providing technical services like failure analysis for customers. The company's professional R&D team utilizes advanced platforms including melting/casting units, refining/purification systems, and homogenization heat treatment furnaces to optimize designs, adjust alloy chemical compositions, and develop new production technologies. This enables timely delivery of premium aluminum alloy casting ingots, better serving market demands and supplying high-quality materials for 3C electronics, aerospace, 5G communications, and NEV sectors. Adhering to the philosophy of "technology creates value, integrity builds brands," the company closely monitors cutting-edge aluminum alloy technologies. It aims to break through fundamental metallurgical quality challenges in high-end casting ingots and industrialize key technologies, enhancing innovation and supply capabilities for advanced civil aluminum alloys to achieve rapid yet steady development. The company's main products include high-quality 2-series, 3-series, 4-series, 5-series, 6-series, and 7-series aluminum alloy cast bars, along with 2-series, 4-series, and 7-series aluminum alloy slab ingots. Slogan Technology Creates Value, Integrity Builds Brand Quality is Life, Service with Utmost Sincerity Contact Information Xingxian Economic and Technological Development Zone, Lvliang City, Shanxi Province Liao Chungui: 13771974218 Co-production Contact Person Zhou Shiyang Mobile: 17278238856 (same as WeChat ID) Email: zhoushiyang@smm.cn
May 31, 2025 13:26In mid-May, Mingtai Al. released a record of investor relations activities, mentioning that the company's production and sales of aluminum plate/sheet, strip and foil in Q1 reached a new historical high, with sales volume approaching 380,000 mt, up 11% YoY. The company is unwavering in its commitment to driving product structure improvement through technological innovation, emphasizing "quality improvement and efficiency enhancement," focusing on "high-end intelligent manufacturing," and strategically positioning itself to seize future opportunities. The development and stable supply of products in emerging fields such as new energy, automotive transportation, and robotics are contributing to the company's steady growth in production and sales. Mingtai Al.'s previously released Q1 performance report showed that the company achieved a total revenue of 8.124 billion yuan in Q1, up 13.07% YoY; net profit attributable to shareholders of the publicly listed firm reached 440 million yuan, up 21.46% YoY. According to public information, the company primarily engages in the comprehensive application of aluminum plate/sheet, strip and foil, aluminum extrusion, and secondary aluminum resources. It possesses four hot continuous rolling production lines, internationally advanced aluminum dross treatment production lines, and secondary aluminum process technology and equipment. Its products cover 47 alloy grades from the 1-series to the 8-series, with over 200 specifications and models available. The company serves more than 4,000 customers, with its products being popular in over 50 countries and regions both domestically and overseas. They are widely used in numerous fields such as new energy, electronics and home appliances, 5G communications, pharmaceutical packaging, food packaging, transportation, ultra-high voltage power transmission, railcar bodies, new infrastructure, and military industries. Regarding current orders on hand, Mingtai Al. stated that historically, March marks the peak consumption season for aluminum. The company's current orders on hand have increased, sufficient to meet one and a half months of production scheduling. Moreover, the company's product processing fees have remained stable with an upward trend. In Q1, the company and the industry raised processing fees for products such as CTP/PS plates, can stock, and easy-open end stock. Additionally, the company was asked about the impact of the US's "reciprocal tariff" policy on its foreign trade. Mingtai Al. responded that during the 2018 Sino-US trade war, the US imposed anti-dumping and countervailing duties on Chinese aluminum products, after which Mingtai Al.'s direct exports to the US decreased significantly. Recently, steel and aluminum products were not included in the US's "reciprocal tariff" policy. Foreign trade sales volume has increased QoQ this year, with foreign trade orders showing signs of recovery. Regarding the company's development plan for 2025, Mingtai Al. stated that it is dedicated to its core business, focusing on "high-end intelligent manufacturing" and "low-carbon circular economy." This year, the company will prioritize the construction of high-end heat treatment lines to promote product upgrading, paying close attention to aluminum demand in fields such as new energy, automotive materials, semiconductors, industrial robots, and low-altitude flight. It will actively develop products in these related fields and continuously improve its product structure. This year, the production capacity of the subsidiary Yirui New Materials and overseas bases continued to be released, ensuring a significant increase in the company's production and sales scale in 2025. Mingtai AL. was also asked whether the company's scale of secondary aluminum conservation application would continue to expand in 2025. The company stated that in the second half of 2024, the EU began requiring the submission of product carbon emission data. After preliminary calculations by the company, secondary aluminum products demonstrated significant advantages in carbon emission reduction, and the company is unwavering in its commitment to continuously promoting the development of the secondary aluminum business. At the end of 2024, China Customs relaxed restrictions on the import of deformed aluminum scrap, supporting the development of enterprises engaged in the conservation application of secondary aluminum. The company established an International Procurement Department for Secondary Aluminum to further expand the sources of aluminum scrap procurement, actively promote the application of secondary aluminum products, and continue to lead the industry in low-carbon development. Previously, the company also released its 2024 annual report data, showing a total revenue of 32.321 billion yuan, up 22.23% YoY; the net profit attributable to shareholders of the publicly listed firm was 1.748 billion yuan, up 29.76% YoY. According to the annual report data, the company currently has an annual processing capacity of over 1 million mt of aluminum scrap and a comprehensive utilization capacity of 120,000 mt of aluminum dross, reaching internationally advanced levels. In terms of the aluminum plate/sheet, strip and foil business, the existing production capacity is over 1.6 million mt. The company produces a variety of products, including battery aluminum foil for pouch batteries, electronic foil, checkered plate, lightweight materials for commercial vehicles, and food and pharmaceutical packaging foil, which consistently rank among the top in the domestic market share. The proportion of high value-added products, such as aluminum for new energy and new materials, aluminum for transportation, and aluminum for automotive lightweight applications, is gradually increasing. In the aluminum extrusion business, Mingtai Traffic New Material operates steadily, achieving self-sufficiency in railcar extrusions, supplying aluminum alloy railcar bodies in bulk, and externally selling products such as new energy battery trays, automotive extrusions, extruded aluminum pipes for GIL used in ultra-high-voltage power transmission equipment, and interior fittings for rail vehicles, continuously expanding its business scope. In terms of procurement mode, the company's main raw materials are aluminum ingots and secondary aluminum, adopting a "produce based on sales, purchase based on production" approach. It procures from suppliers in a continuous and batch-by-batch manner according to customer orders and production and operation plans. The procurement price is determined based on the average spot aluminum price on the Shanghai Nonferrous Metals Market , adjusted in consideration of payment terms, freight responsibility, and the type of secondary aluminum. The company has signed long-term procurement agreements with some aluminum ingot suppliers of a certain scale and economic strength, establishing long-term and stable cooperative relationships to ensure convenient and timely raw material supply. Moreover, to cope with potential losses from volatile raw material prices, Mingtai AL. issued an announcement on April 23 regarding the implementation of aluminum ingot hedging. It mentioned that engaging in aluminum ingot futures trading can fully utilize the hedging mechanism in the futures market to mitigate the risk of raw material price fluctuations, avoid potential losses from volatile raw material prices, ensure the relative stability of product costs, and reduce the impact on the company's normal operations. When mentioning the impact of aluminum ingot hedging on the company, Mingtai Aluminum stated that the company specializes in the production and sales of aluminum plate/sheet, strip and foil, with aluminum ingot as its main raw material. To avoid the impact of fluctuations in raw material prices, the company will actively hedge relevant risks through the hedging function of futures, adhering to the principles of legality, prudence, safety, and effectiveness, without the purpose of arbitrage or speculation. The company has formulated relevant risk control measures to strictly control investment risks. The company's engagement in futures hedging business will not harm the interests of the company and all its shareholders.
May 15, 2025 14:09