On February 4, SPIC Green Energy Co., Ltd. held a launch and signing ceremony. Chairman Yang Yufeng announced the company's official name change, with its stock abbreviation changed to "SPIC Green Energy." This move is a key initiative for the enterprise to integrate into the national energy strategy and undertake the group's "Balanced Growth Strategy," marking its full entry into a new phase of core development in green energy. At the event, SPIC Green Energy signed agreements with industry leaders such as Huawei and LONGi Green Energy, as well as multiple financial institutions. It also collaborated via cloud link with companies including Spain's Acciona and other Chinese and foreign enterprises. This marks the initial formation of a synergistic system integrating "technology-capital-scenario-market," laying a solid foundation for building a globally competitive green hydrogen-based energy ecosystem. Against the backdrop of global energy transition toward low-carbon development, green hydrogen-based energy serves as a core link for end-user decarbonization. Following the name change, SPIC Green Energy will focus on the dual tracks of "new energy+" and green hydrogen-based energy, promoting the empowerment of various industries through products like green electricity and green hydrogen. As the group's global green hydrogen-based energy platform, the company will undertake the mission of industrial cultivation, provide full-chain solutions, and lead the coordinated development of the industry chain. The transition from "Jilin Electric Power Share" to "SPIC Green Energy" represents an upgrade in the enterprise's vision and mission, while its original commitment to green development, the responsibility of a central state-owned enterprise, and core corporate spirit remain unchanged. Since its listing 23 years ago, the company has achieved a transformation from thermal power to clean energy. By the end of 2025, its managed assets exceeded 100 billion yuan, installed capacity surpassed 17 million kW, and the proportion of clean energy approached 80%. In 2025, the company's Da'an Green Hydrogen Synthetic Ammonia demonstration project commenced operation, achieving full-chain integration of "green electricity-green hydrogen-green ammonia" and setting five "world's best" records. During the same period, it launched the "Hyglobal" and "Green Energy FRESH" brand strategies, clarifying its vision of "Green Energy for a Better Future." Since the beginning of this year, the company has steadily advanced its internationalization efforts, signing cooperation agreements with enterprises from countries such as South Korea, France, and Japan to build a global green energy cooperation network. Building on the start of the 15th Five-Year Plan period, SPIC Green Energy, positioning itself as a "Green Energy Innovator and Sharer," will uphold the concept of open collaboration, work with all parties to build a green future, and contribute to global low-carbon transition.

On June 14, GAC Trumpchi and Huawei officially launched the world’s first valet parking driving (VPD) pilot project at the departure level of Guangzhou Baiyun International Airport.

Expert Gracelin Baskaran is urging western allies to form a coordinated “anchor market” to counter China’s dominance in critical minerals.

To promote the development of the motor industry and facilitate collaboration and cooperation across the upstream and downstream industry chains, on February 27, 2025, Fan Cui, Head of the Motor Division, and Hu Yu, Manager of the Motor Division, from SMM Information & Technology Co., Ltd. (SMM), conducted a field trip to Xiamen Tungsten Motor Industry Co., Ltd. They were warmly received by Liang Junbin, Assistant General Manager and Manager of the Investment Promotion Department, and Gao Ya, Project Manager of the Investment Promotion Department, from Xiamen Tungsten Motor Industry Co., Ltd. During the visit, the SMM team gained an in-depth understanding that Xiamen Tungsten Motor Industry Co., Ltd. had been planning and constructing the Xiamen Shituo Rare Earth Permanent Magnet Motor Industrial Park in Jimei District since 2018. During the tour of the industrial park, both parties engaged in in-depth discussions on the future development of the motor industry and potential cooperation opportunities. This field trip not only deepened mutual understanding but also laid a solid foundation for establishing a strong cooperative relationship between SMM and Xiamen Tungsten Motor. This close partnership will provide both parties with a competitive edge in future market competition. It will also further drive the development of the motor industry and promote collaboration between the two companies in technology, markets, and resources, contributing to the achievement of win-win goals. It is believed that through this exchange, both parties can work together to create an even brighter future. Xiamen Tungsten Motor Industry Co., Ltd., the operating entity of the Xiamen Shituo Rare Earth Permanent Magnet Motor Industrial Park, was established in April 2018 through a joint investment by Fujian Yekong Equity Investment Management Co., Ltd. and Xiamen Tungsten Co., Ltd., with a registered capital of 1 billion yuan. Since its establishment, the company has leveraged the high-quality rare earth resources in Fujian Province and the technological advantages of Xiamen Tungsten in rare earth magnetic materials and motors to construct the Xiamen Shituo Rare Earth Permanent Magnet Motor Industrial Park in Jimei District. Aligning with the national "dual carbon" strategic goals and Xiamen City's "4+4+6" modern industrial system construction objectives, the company has planned and laid out fields such as NEV motors, servo motors, modern industrial and agricultural motors, intelligent manufacturing, and precision manufacturing. It focuses on incubating and introducing rare earth permanent magnet motor enterprises and related industry chain companies, highlighting the energy-efficient and high-performance characteristics of rare earth permanent magnet motors, and contributing to the creation of a world-class high-end intelligent manufacturing industrial cluster. The Xiamen Shituo Rare Earth Permanent Magnet Motor Industrial Park utilizes the high-quality rare earth resources in Fujian and the excellent rare earth permanent magnet materials from Xiamen Tungsten to plan and lay out fields such as NEV motors, servo motors, modern industrial and agricultural motors, intelligent manufacturing, and precision manufacturing. It focuses on incubating and introducing rare earth permanent magnet motor enterprises and related industry chain companies. Combining with the global "dual carbon" strategic goals, it highlights the energy-efficient and high-performance characteristics of rare earth permanent magnet motors, aiming to create an industrial ecosystem cluster based on motors, drives, and controls, extending to product application solutions, and fostering coordinated development across the upstream and downstream sectors. The industrial park is planned to have a total investment of approximately 10 billion yuan and cover an area of 1,500 mu. Phase I of the project commenced construction in December 2018, with a total land area of about 300 mu, and was fully completed and put into operation by 2023. Currently, the park hosts over 20 enterprises, attracting more than 1.8 billion yuan in investment. Its business scope covers NEV power motors, industrial servo motors, various facility motors, motor controllers, 3D printing, precision machining, etc. In the NEV sector, it now has the capacity to produce 300,000 advanced motor stators and rotors annually, and supplies them in bulk to top-tier enterprises such as GAC and SAIC. The Huawei project is currently undergoing certification. High-end motorized spindle products are being applied in batches to domestically produced machine tools, breaking foreign monopolies. The integrated PV+ESS low-carbon oil extraction solution is currently negotiating cooperation with Daqing Oilfield and is being promoted to Russia and the Middle East as a BRICS Innovation Center initiative. Modern agricultural motor products have empowered leading agricultural enterprises such as Muyuan and Sunner to achieve digital farming and carbon reduction. Independently developed medical electric transfer vehicles and other products have been applied in large hospitals within and outside the province, as well as in overseas markets. The industrial park is generally developing well, gradually forming a high-quality growth point that leads the development of the rare earth permanent magnet motor industry and drives regional economic takeoff. Exhibition Name: IEMC 2025 Motor Annual Conference & Industry Chain Expo Exhibition Date: November 12-14, 2025 Exhibition Venue: Ningbo, Zhejiang Scan the QR code to reserve your spot at the exhibition and stay updated on the latest industry trends!

On June 17, JAC Group announced the signing of a strategic cooperation agreement with Huawei Technologies Co., Ltd. in Hefei, marking a significant deepening of their partnership.

[JAC Group and Huawei Sign Strategic Cooperation Agreement] On June 17, JAC Group and Huawei Technologies Co., Ltd. signed a strategic cooperation agreement in Hefei to deepen their strategic partnership. The two sides will carry out comprehensive cooperation in areas such as intelligent vehicle solutions, enterprise digital and intelligent transformation, and enterprise green and low-carbon transformation.