2026 China Central International Power Transformer Export Expo 2026 China Central International Power Transformer Export Expo Concurrently held: The 8th China (Zhengzhou) International New-type Power and Smart Energy Industry Exhibition August 15-17, 2026, Central China International Convention and Exhibition Center (Airport Area) Annual Central China Power and Electrical Industry Development Conference Estimated exhibition data: 18 countries and regions 600+ exhibiting brands 300+ media coverage 20 forum events 40,000 m² exhibition area 50,000 visitors Co-organizers: Henan Electrical Equipment Industry Association Beijing Aibo International Exhibition Co., Ltd. Executing Unit: Beijing Aibo International Exhibition Co., Ltd. Title Sponsor: Henan Senyuan Electric Co., Ltd. Official Website: http://byq.aiboexpo.com ※ Exhibition Overview: Currently, 'carbon neutrality' has become a global consensus. Achieving carbon peak and carbon neutrality is a solemn commitment China has made to the world and a broad and profound economic and social transformation. Realizing clean and zero-carbon energy is a crucial guarantee for carbon neutrality. The development and maturation of the new-type power industry are of great significance for accelerating the construction of a new power system dominated by new energy. In recent years, supported by a series of national policies, global renewable energy industries such as PV, wind power, hydropower, new-type energy storage, charging facilities, and hydrogen energy have achieved rapid development. With new breakthroughs in next-generation technologies and equipment, the future new energy market holds limitless prospects. At the 2024 Bosch Connected World conference, the world's richest man Elon Musk predicted that the rapid development of AI and EVs would lead to a severe shortage of transformers. Today, this prediction has become a reality. Amid this global 'transformer shortage', the latest data from China's General Administration of Customs shows: in 2025, China's transformer export value reached 64.6 billion yuan, a YoY surge of 36%, with the average unit price exceeding 205,000 yuan, a rise of 33%. Even more astonishing—orders for high-end ultra-high voltage and data center-dedicated transformers have been scheduled into 2027, with some stretching into 2028! The global transformer shortage is the inevitable result of multiple contemporary factors overlapping. From an infrastructure perspective, the power systems in Europe and the US are undergoing a 'major overhaul'. A Goldman Sachs report from September 2025 pointed out that most of Europe's grid infrastructure has been in operation for 40-50 years, and in the US, 31% of transmission equipment and 46% of distribution facilities are past their service life. To this end, the EU plans to invest €1.2 trillion over the next decade to upgrade its power grid, and the US also announced $1.1 trillion over five years for the power sector. As core equipment for power grid upgrades, transformers have naturally become a focal point of demand. Amid the global transition toward green and low-carbon development, the construction of green energy power plants such as PV and wind power has further lifted transformer demand. The international energy industry analysis firm “Allied Market” forecast that the global transformer market size will reach $103 billion in 2031, Henan is located in central China and has long been known as the “heartland of Kyushu and the thoroughfare of ten provinces,” serving as an important transportation hub in China that connects east and west and links north and south. Developing a hub economy is a key pillar for integrating into the new development paradigm. “In recent years, our province has leveraged its transportation and location advantages to continuously strengthen the hub economy. Seizing the opportunity presented by the development of a unified national market, we have built a comprehensive ‘rice + well + people’ transportation corridor and initially formed a broad multimodal transport landscape integrating and connecting airports, inland ports, highway ports, high-speed rail ports, and ports of entry. It has become a logistics corridor hub that connects at home and abroad and radiates across the east, central, and west. Trading globally, the hub advantage is gradually being transformed into a competitive edge for development. Leveraging Henan’s status as a major province in China in terms of population, agriculture, industry, and energy consumption, its transportation and geographic advantages are driving global power grid upgrades, with transformers playing a crucial role in building a new-type power system. To rapidly and accurately connect sellers and buyers and help enterprises expand broader markets in and outside China, the “2026 China · Central and Western China International Power Transformer Export Expo,” jointly organized by the Henan Electrical Industry Association and Beijing Aibo International Exhibition Co., Ltd., is scheduled to be held on August 15-17, 2026 at Zhongyuan International Convention and Exhibition Center, Zhengzhou Airport Economy Zone, concurrently with the “8th China (Zhengzhou) International New-Type Power and Smart Energy Industry Exhibition.” This exhibition is expected to cover 40,000㎡, attracting more than 600 brand exhibitors from around the world to make a concentrated appearance in central China, with over 50,000 visits expected from professional visitors and buyers. We sincerely invite transformer producers, manufacturers, and related supporting suppliers from in and outside China to gather in central China and share this grand industry event! As one of China’s 12 highest-level international comprehensive transportation hubs and one of the country’s six airport-type national logistics hubs, Zhengzhou is a comprehensive hub city integrating highways, railways, aviation, power, and communications. It enjoys uniquely advantageous geographic conditions. With Zhengzhou as the center, a two-hour aviation circle covers 92% of China’s population, 94% of its total economic output, and 98% of its foreign trade share. Against the backdrop of the current dual-circulation development model and domestic demand boost, Zhengzhou’s market radiation advantage nationwide will become even more prominent. Henan has a solid industrial foundation and a complete industrial supporting system, highly aligned with the development needs of the new energy industry. It can better promote deep integrated development across the upstream and downstream industry chain of new energy enterprises, achieve resource sharing and complementary advantages, and jointly drive coordinated development of the industry. Zhengzhou Airport Economy Zone Comprehensive Experimental Zone, known as the “Central China Special Zone,” is currently the only national-level aviation economy development pilot zone approved by the State Council. The Airport Economy Zone closely focuses on five major strategic positioning goals: the “Air Silk Road” pilot zone, the “National Airport Economy Experimental Zone,” the “core growth pole of the Central Plains Economic Zone and the Zhengzhou Metropolitan Area,” a “modernized, internationalized, world-class logistics hub,” and the “Central China Special Zone”; and deepens the development of five major centers: an international advanced manufacturing center, international trade center, international transportation and logistics center, international creative fashion center, and international innovation talent center. The Airport Economy Zone has become a growth pole of great strategic value for Zhengzhou’s development and a high ground for opening up across the province. ※Key Invitations Target Audience: Power, petroleum, chemicals, metallurgy, steel, cement, coal, textiles, transportation, electronics, communications, environmental protection, transport, machinery, turnkey equipment suppliers, traders, etc. Real estate developers, construction contractors, decoration and renovation companies, architects, designers, engineers, importers and exporters, wholesalers, distributors, manufacturers, retailers, buildings, property management institutions, and industry end-users (such as hospitals, schools, government agencies, hotels, shopping malls, etc.). Relevant government departments, power companies, power grid companies, power supply departments, planning departments, municipal engineering entities, design and research institutions, competent authorities, associations, societies, media organizations, etc. ※ Media Spotlight and Synchronized Promotion : Helping exhibitors deeply explore clients, find professional buyers, promote brands, and close deals has always been the mission and responsibility of the organizers of the Central China Transformer Expo! We will join forces with Xinhua Net, People’s Daily Online, Economic Net, Sina, ifeng.com, CNR.cn, Guangming Online, CCTV.com, China News Service, Dayu Net, Dahe Net, Yingxiang Net, Zhongyuan Net, Jinbao Net, Sunan Net, Dahe Daily, Sohu, iQIYI, Baidu, Toutiao, Henan TV, Dazhong.com, Haibao News, Douyin, Kuaishou, Xiaohongshu, Zhihu, Huaxia Energy Network, International New Energy Network, Polaris Electric Power Network, Power Supply Network, China Transformer Network, Transformer Market Network, Electronic Transformer Information Network, Sobi PV Energy Storage Network, PV Industry Network, Energy World, Household PV Network, EV Network, First EV Network, Charging Piles Network, NEV Industry Network, and more than 100 other media outlets to provide comprehensive coverage of the exhibition, helping enterprises promote new products and technologies, enhance brand image, and strengthen corporate influence. ※ If you are a supplier of the following products, please book a booth: 1 、Transformers: Dry-type transformers, oil-immersed transformers; PV transformers, wind power transformers, box-type substations, electric furnace transformers, mining transformers, marine transformers, movable vehicle-mounted transformers, customized transformers and solutions, etc. 2 、Transformer Design and Manufacturing: Transformer R&D and design software, virtual simulation software; fully automatic winding machines, core laser cutting equipment, robotic insulation coating systems; partial discharge detection instruments, automatic withstand-voltage test benches, AI visual defect recognition systems; overall solutions for digital factories, etc. 3 、Key Transformer Materials: Conductive materials (e.g., copper semis, aluminum semis, copper-aluminum composite materials), magnetic materials (silicon steel and amorphous alloys, ferrite materials), insulating materials (insulating paper, paperboard, insulating varnish, insulating oil, epoxy resin, electrical insulating wood, varnished cloth, varnished cloth tape), etc. 4 、Key Transformer Components: Core, windings, oil tank/oil conservator, bushings, oil level gauges, oil purifiers, conductive rod, sealing gaskets, breathers, insulating materials, tap changers, gas relays, explosion-proof pipes, temperature measuring devices, fire extinguishing devices, clamps, surge arresters, pressure release devices, other transformer accessories/consumables, etc. 5 、Green Electricity Technologies and Applications: Distributed PV/wind power energy systems; energy routers, renewable energy grid connection controllers, cloud-edge collaborative microgrid control systems, virtual power plant (VPP) access terminals; green electricity traceability platforms, full life cycle carbon footprint monitoring instruments, enterprise ESG compliance management software, etc. 6 、Smart Power Supply and Distribution Systems: High-voltage direct current (HVDC) power supply, liquid-cooled power distribution systems, flexible DC converters (medium and high voltage), solid-state transformers (SST)/high-efficiency transformers, high-voltage/medium-voltage switchgear; smart low-voltage distribution cabinets, busway systems, smart header boards, cabinet PDUs; active power filters (APF), dynamic voltage restorers (DVR); DC circuit breakers, DC fuses, smart arc detection systems, lightning surge protectors, etc. 7 、Digital Energy Efficiency Management: AI monitoring platforms for power supply and distribution, digital twin O&M systems, predictive maintenance tools, CFD simulation and energy efficiency optimization software, etc. 8 、Collaborative Innovation in Energy Storage: Lithium battery/flow/sodium-ion energy storage systems, integrated PV+ESS+hydrogen solutions, containerized integrated energy storage units, etc. 9 、Related Services: Planning consulting and design, engineering construction, completion acceptance, rating and certification, infrastructure O&M, IT services and O&M. ※Fee-Based Items: ● Booth Fees: Booth Category Standard Booth (Single Open Side) Standard Booth (Double Open Sides) Deluxe Standard Booth (Single Open Side) Deluxe Standard Booth (Double Open Sides) Special Booth Bare Space China Enterprises ¥8,800 yuan/booth ¥9,800 yuan/booth ¥11,800 yuan/booth ¥12,800 yuan/booth ¥900/㎡ Foreign-Funded Enterprises $1,980/booth $2,980/booth $3,980/booth $4,980/booth $300/㎡ 1、Standard Booth: Minimum rental 3m×3m=9㎡; equipped with: white partition panels (2.5 meters high), one table and two chairs, Chinese-English header board, two fluorescent lights, carpet, and one power socket. 2、Deluxe Standard Booth: Minimum rental 3m×3m=9㎡; equipped with: white partition panels (2.5 meters high), one table and two chairs, Chinese-English header board, two fluorescent lights, carpet, one power socket, and raised booth fascia. 3、Special Booth Bare Space: Minimum rental 36㎡; provided: exhibition space and cleaning services; excluding booth construction and production costs. The bare space does not include any display racks or facilities. To ensure booth construction quality, all exhibitors are requested to use the contractor designated by the organizer to build their booths; no other contractors are allowed to enter the venue. (The organizing committee collects a special booth management fee on behalf of the venue: designated contractor ¥50 yuan/㎡, non-designated contractor ¥70 yuan/㎡). ● Conference Booklet Advertising: It will help you find clients after the exhibition! In addition to being widely distributed during the exhibition, it will also be distributed through various channels to professionals in different regions who were unable to visit the exhibition, enabling them to quickly find contact information and service details via the conference booklet. (The conference booklet is printed in full color on imported copper paper; size: 210mm×135mm). Front Cover ¥20,000 yuan Inside Front Cover/Inside Back Cover ¥7,000 yuan Frontispiece ¥6,000 yuan Black-and-White Page ¥4,000 yuan Back Cover ¥15,000 yuan Double-Page Color Spread ¥8,000 yuan Color Page ¥5,000 yuan 500-Word Company Profile ¥3,000 yuan ● Other Advertising: Advertising fees must be prepaid in full as a one-time payment; exhibitors who are unable to participate on time for any reason may also choose the following advertising promotions. Outdoor Plaza Arch ¥10,000 yuan/set (2 units) Carpet Floor Sticker Ad ¥500 yuan/unit Visitor Tickets ¥10,000 yuan/1,000 tickets Visitor Badge Lanyards ¥10,000 yuan/1,000 pcs Back-of-Visitor-Badge Ad ¥10,000 yuan/1,000 pcs Official Website Ad ¥10,000 yuan/banner/year Outdoor Road Flags ¥1,000 yuan/pair (2 units) Official Account Ad ¥10,000 yuan/unit/year Outdoor Billboard ¥10,000 yuan/unit Exhibitor Badge Lanyards ¥10,000 yuan/1,000 pcs Back-of-Exhibitor-Badge Ad ¥10,000 yuan/1,000 pcs Document Bags ¥20,000 yuan/1,000 pcs ● Product Promotion Session/Technical Seminar: A conference room accommodating 100-600 people, ¥30,000 yuan for 60 minutes per session, used for venue setup and related equipment rental (including venue, audio and projection equipment, lighting, tables and chairs, tea and other supporting facilities and services, and assistance in organizing the audience for the presenting enterprise). ※Exhibition Participation Procedures: 1. Fill out the exhibition application form and fax or scan it to the organizing unit. Booth allocation principle: “first apply, first pay, first arranged.” 2. After the contract is confirmed and stamped by both parties, the exhibiting unit shall remit the exhibition fees by telegraphic transfer to the organizing unit’s collection account within 2 working days. 3. After remitting all fees, exhibitors are requested to fax the bank remittance slip to the organizing unit. 4. After receiving the exhibition fees, the organizing unit will issue the Exhibitor Manual to exhibitors within one month before the exhibition opens to confirm participation notes. ※ Organizing Committee Secretariat: Beijing Aibo International Exhibition Co., Ltd. Contact: Zhang Lei 17729729055 Fax: +86 010-86487300 E-mail: 2662486664@qq.com Website: http://byq.aiboexpo.com Scan to Book a Booth
Jun 15, 2026 16:21Raw material side, lithium carbonate prices edged up this week, nickel sulphate prices fluctuated, and cobalt sulphate prices continued to fall.
Jun 11, 2026 18:33SMM Report, June 5: Benchmark monthly long-term contract prices for China’s tungsten sector were officially released recently. The Ganzhou Tungsten Association unveiled its June 2026 domestic tungsten forecast prices: 55% WO₃ black tungsten concentrate at RMB 505,000 per metric ton, down RMB 195,000/MT month-on-month; ammonium paratungstate (APT) priced at RMB 760,000 per metric ton, a MoM drop of RMB 260,000/MT;
Jun 5, 2026 18:46Raw material side, spot lithium carbonate and nickel sulphate prices fluctuated this week, while cobalt sulphate prices continued to decline.
Jun 4, 2026 18:30Refined Cobalt: Spot refined cobalt prices fluctuated lower this week, being under pressure. In terms of supply, mainstream smelters lowered their ex-factory quotations to 422,000 yuan/mt, while trader quotation basis continued within the previous range, maintained between parity and a premium of 10,000 yuan/mt. Demand side, downstream alloy and magnetic material enterprises continued to restock on an as-needed basis, maintaining strict control over raw material inventory. The price decline this week was mainly driven by the continued weakening of cobalt salt prices. Currently, the metal price spread between refined cobalt and cobalt salt has been largely eliminated, and the reverse dissolution arbitrage window has completely closed. In the short term, the market may continue to face a volatile and pressured landscape, and the stabilization of refined cobalt prices still depends on cobalt salt prices returning to stability. Cobalt Intermediate Products: Cobalt intermediate product prices edged down this week. Supply side, mainstream miners and traders still held firm on quotations near $26/lb; however, as the cobalt salt market remained persistently weak, downstream smelters adopted a more cautious purchasing stance, and tender transaction prices from some miners had pulled back to $25.1/lb. Regarding shipments, Q1 2026 quota approvals continued to progress slowly due to complex procedures, compounded by tight logistics capacity in the DRC and low priority given to cobalt raw material transportation, causing the arrival of large volumes of cargo to be repeatedly delayed. In the short term, demand-side support remained weak, and prices may continue to move sideways; for the market to stabilize and strengthen going forward, it still needs to await a recovery in downstream demand and a rebound in cobalt salt prices. Cobalt Sulphate: Spot cobalt sulphate prices continued to fall this week. Supply side, the quotation range of mainstream brands shifted down to 87,000-93,000 yuan/mt, and some smelters and traders, constrained by cash flow pressure, opted to sell at reduced prices, with low-priced resources in the market touching 85,000-86,000 yuan/mt. Demand side, downstream enterprises were primarily focused on destocking, with purchase willingness remaining subdued, and market transactions were limited to sporadic just-in-time procurement. The core reason behind this sustained price weakness lay in the strategic mismatch between sellers and buyers: on the demand side, LCO enterprises' procurement intensity fell short of expectations, and with top-tier players in their interim report disclosure period, inventory control tightened and stockpiling enthusiasm remained low; on the supply side, some enterprises, driven by cash flow pressure or interim report performance considerations, continued to adopt a strategy of selling at reduced prices, which further intensified bearish market sentiment and, through the cost side, dragged down black mass payables and absolute cobalt sulphate prices, forming a negative feedback loop. In the short term, cobalt sulphate prices may remain in the doldrums, and a stabilization and recovery in the market still awaits the substantive release of concentrated restocking demand from downstream. SMM New Energy Research Team Wang Cong 021-51666838 Ma Rui 021-51595780 Feng Disheng 021-51666714 Lv Yanlin 021-20707875 Xiao Wenhao 021-51666872 Zhang Haohan 021-51666752 Wang Zihan 021-51666914 Wang Jie 021-51595902 Xu Yang 021-51666760 Yang Lianting 021-51595835 Wang Zhaoyu 021-51666827
Jun 4, 2026 17:27On June 3, it was reported that Hong Kong's first large-scale recycling facility for decommissioned electric vehicle batteries will officially commence production in June 2026. The facility will process waste power batteries into regenerated black mass, achieving the resourceful reuse of waste materials. According to estimates from the Environmental Protection Department, the quantity of decommissioned electric vehicle batteries generated in Hong Kong will increase year by year, growing from approximately 1,300 metric tons in 2026 to 6,700 metric tons by 2030. The locally planned producer responsibility scheme for electric vehicle batteries is evaluated to generate an annual economic added value of approximately 66 million Hong Kong dollars and create over 100 full-time jobs in the local solid waste recycling sector. Currently, there are five licensed enterprises in Hong Kong qualified to dispose of automotive lithium batteries.
Jun 4, 2026 15:47Announcement on Adding New Price Points for Platinum Group Compounds
PriceApr 2, 2026 17:24Dear Users, Greetings! In recent years, as the global new energy vehicle industry entered a large-scale retirement period and resource security strategies were upgraded, China's lithium battery recycling market continued to expand rapidly. In August this year, China officially began allowing the import and export of black mass, and it is expected that more black mass meeting quality requirements will enter China in the future. Against this backdrop, the value and pricing mechanism of overseas black mass in the Chinese market are attracting close attention from both upstream and downstream segments of the industry chain. In response to market changes, addressing the industry's practical needs for evaluating the value of recycled raw materials, and promoting the establishment of a more open and fair pricing benchmark in the lithium battery recycling sector, the Shanghai Metals Market (SMM), after in-depth market surveys and discussions has decided: On January 9, 2026, SMM will officially launch new weekly price for lithium battery recycling. The newly added price are as follow: 1. SMM Battery Black Mass, NCM/NCA, % payable of SMM's Nickle sulphate, FOB Malaysia, 9% < Ni < 20% 2. SMM Battery Black Mass, NCM/NCA, % payable of SMM's Cobalt sulphate, FOB Malaysia, Specification: 5% < Co < 10% 3. SMM Battery Black Mass, NCM/NCA, % payable of SMM's Lithium Carbonate, FOB Malaysia, Specification: 3% < Li < 3.5% Details of this price point are as follows: Description: SMM Battery Black Mass, NCM/NCA, % Payable of SMM's Nickel Sulphate, FOB Malaysia, 9% < Ni < 20% SMM Battery Black Mass, NCM/NCA, % Payable of SMM's Cobalt Sulphate, FOB Malaysia, 5% < Co < 10% SMM Battery Black Mass, NCM/NCA, % Payable of SMM's Lithium Sulphate, FOB Malaysia, 3% < Li < 3.5% Quality: Ni 9%-20%, Co 5%-10%, Li 3%-3.5% Quantity: Minimum 30 tonnes Definition: FOB Malaysia main ports Timing: 1-2 Months Unit: % Payment Terms: 50% Payment in advance T/T in USD , other payment terms normalized Pulication: Weekly, Friday 12pm Beijing time Relevant companies from the New Energy Industry Chain are welcomed to participate and support SMM in better serving the New Energy Industry Companies. Relevant companies from the New Energy Industry Chain are welcomed to participate and support SMM in better serving the New Energy Industry Companies. Shirley Wang 021-51666838 wangcong@smm.cn Thomas Feng 021-51666714 marui@smm.cn Freya Lin 021-51666902 linziya@smm.cn Rayna Lei 021-20707873 leiyue@smm.cn Melanie Choy (Malaysia) +6012-4926909 melanie.choy@smm.cn Shanghai Metals Market New Energy Research Team November 26, 2025
PriceDec 29, 2025 18:56Dear Users, Greetings! On December 12, 2025, SMM will officially launch new weekly price points for lithium battery recycling. The newly added price points are as follow: 1. SMM Black Mass, NCM/NCA, % payable of SMM's Nickle sulphate, FOB Malaysia, Specification: 18% < Ni < 40% 2. SMM Black Mass, NCM/NCA, % payable of SMM's Cobalt sulphate, FOB Malaysia, Specification: 5% < Co < 18% 3. SMM Black Mass, NCM/NCA, % payable of SMM's Lithium sulphate, FOB Malaysia, Specification: 5.5% < Li < 6.5% The price will be updated and maintained every Friday at 12:00 PM. Relevant companies from the New Energy Industry Chain are welcomed to participate and support SMM in better serving the New Energy Industry Companies. Shirley Wang 021-51666838 wangcong@smm.cn Maria Ma 021-51595780 marui@smm.cn Freya Lin 021-51666902 linziya@smm.cn Rayna Lei 021-20707873 leiyue@smm.cn Melanie Choy (Malaysia) +6012-4926909 melanie.choy@smm.cn Shanghai Metals Market New Energy Research Team December 2, 2025
PriceDec 2, 2025 17:22