As the unified national electricity market accelerates its formation and new energy is fully integrated into the market, the industry's profit logic has shifted from "policy-guaranteed" to "market tug-of-war," with the core of competition moving from scale expansion to value creation. Against this backdrop, the value coordinate system of the PV+ESS industry is being restructured: installed capacity scale is no longer the sole benchmark; what truly matters is—how many grid integration challenges has technology solved for the power system? How much quantifiable value have solutions created for users? How much life cycle revenue have services brought to power station assets? Facing this restructuring, enterprises along the industry chain urgently need to find direction in cost reduction and efficiency improvement, mine value in diversified scenarios, and realize revenue in electricity trading. This conference brings together the core forces of government, industry, academia, research, and capital for in-depth discussions on key topics such as high-efficiency modules, grid-forming ESS, virtual power plants, and asset operations. Through supply-demand matching sessions, it will promote the efficient alignment of cutting-edge technologies with project needs, helping enterprises seize opportunities and achieve win-win outcomes amidst transformation. Sichuan Yingfa Ruineng Technology Co., Ltd. extends a cordial invitation to this industry summit. Let us join hands to create a bright future for the PV industry and embrace the dawn of a new era. Click thenow to easily complete your attendance registration and witness and participate in this significant, far-reaching industry event, jointly writing a new chapter of brilliance! Founded in 2016, Yingfa Ruineng is a globally leading new energy high-tech enterprise focused on the R&D, production, and sales of solar cells. With continuous technological innovation and outstanding manufacturing capabilities, the company firmly ranks among the top in the global PV industry, having received numerous honors, including National Specialized and Sophisticated "Little Giant" Enterprise, National High-tech Enterprise, and GEI China Unicorn Enterprise. The company focuses on N-type TOPCon and BC cell technologies, leading industry technological transformation. Among these, the efficiency of its N-type TOPCon solar cells has surpassed 27.02%. In 2024, its global shipments were firmly among the industry's top three, and its total solar cell shipments for 2025 bravely claimed second place globally. In terms of industry chain integration, the company's monocrystalline silicon rod project received special support for high-quality development from the MIIT, and its solar cell products have passed France's Carbon Footprint Certification and Germany's TÜV SÜD certification, demonstrating its global market competitiveness. Under the backdrop of the "dual carbon" goals and the accelerating global energy transition, Yingfa consistently upholds its corporate purpose of "Diligence and Pragmatism to Achieve Dreams," adheres to its corporate values of "Virtue, Wisdom, Diligence, Inclusiveness, and Collaboration," and practices its vision of "making clean and environmentally friendly new energy affordable and accessible to all." With technological innovation as its core driving force, the company, through industrial collaboration, complementary advantages, and open, win-win cooperation, joins hands with global partners to drive PV technological breakthroughs, product upgrades, and high-quality industry development. 183.75 Size - N-18BB Contact Song Si 13062589605 Official Website QR Code Official Account QR Code Long press to scan the QR code and register now

SMM August 4 news: Metals market: As of the midday close, domestic base metals almost all rose. SHFE copper rose 0.91%, SHFE aluminum rose 1%. SHFE lead rose 0.23%. SHFE zinc fell 0.58%. SHFE tin rose 0.81%. SHFE nickel rose 1.55%. In addition, the most-traded cast aluminum futures rose 0.58%, the most-traded alumina futures rose 0.38%. The most-traded lithium carbonate futures rose 1.07%. The most-traded silicon metal futures rose 0.36%. The most-traded polysilicon futures rose 1.4%. Ferrous metals mostly rose. Iron ore was flat at 702.5 yuan/mt, rebar edged up, while hot-rolled coil edged down. Stainless steel rose 2.06%. Coking coal and coke: the most-traded coking coal contract rose 1.91%, and the most-traded coke contract rose 0.85%. Overseas base metals market, as of 11:41, LME metals all rose. LME copper rose 0.77%, LME aluminum rose 0.56%, LME lead rose 0.80%, LME zinc rose 0.61%. LME tin rose 0.77%. LME nickel rose 0.81%. Precious metals: as of 11:41, COMEX gold rose 0.54%, COMEX silver rose 1.87%. Domestic precious metals: SHFE gold rose 0.35%, the most-traded SHFE silver futures rose 1.64%. Additionally, as of the midday close, the most-traded platinum futures edged up, and the most-traded palladium futures fell 0.54%. As of the midday close, the most-traded European freight futures contract rose 3.19% to 1,843 points. As of 11:41, August 4, some futures midday market quotes: Spot and fundamentals Zinc: In Tianjin market, #0 zinc ingot were mainly traded at 24,760-24,950 yuan/mt, Zijin was traded at 24,880-25,010 yuan/mt, and #1 zinc ingot were mainly traded at around 24,760-24,870 yuan/mt. Zijin was quoted at a premium of around 0-30 yuan/mt against the 2609 contract, Huxin was quoted at 26,220 yuan/mt, #0 zinc ingot was quoted at a discount of around 30-120 yuan/mt against the 2609 contract, and Tianjin market was quoted at a discount of around 110 yuan/mt against Shanghai market. Macro front Domestic: [State Administration for Market Regulation: 20 places including Beijing, Shanghai, etc., designated as national trade secret protection innovation pilot sites] The General Office of the State Administration for Market Regulation issued a notice on promoting typical experiences and practices of national trade secret protection innovation pilot sites. Among them, Beijing Haidian District, Beijing Tongzhou District, Tianjin Binhai High-tech Zone, Shanghai Pudong New Area, Shanghai Fengxian District, Jiangsu Nanjing, Jiangsu Wuxi, Jiangsu Suzhou, Zhejiang Hangzhou, Zhejiang Ningbo, Zhejiang Wenzhou, Anhui Hefei, Fujian Xiamen Haicang District, Hubei Wuhan, Hunan Changsha, Guangdong Guangzhou, Guangdong Shenzhen, Guangdong Foshan, Chongqing Jiangjin District, Sichuan Chengdu Wuhou District were identified as the first batch of national trade secret protection innovation pilot sites. ()Market Regulation Administration [PBOC Net Withdraws 559 Billion Yuan from Open Market Today] PBOC conducted 46.5 billion yuan 7-day reverse repo operations, with an operation rate of 1.40%, unchanged from the previous session. Today, 605.5 billion yuan reverse repos matured. [Shenzhen New Home Sales Up Over 30% YoY in July] According to data from Shenzhen's real estate information platform, the city's new commercial housing sales totaled 3,773 units in July, down 35.2% MoM but up 19.3% YoY; among these, residential sales were 2,664 units, down 6.8% MoM but up 32.5% YoY. Looking at a longer period, new home sales from January to July totaled 35,104 units, a slight 0.7% YoY increase; of these, residential sales totaled 21,935 units, down 10.6% YoY, with the decline narrowing compared with H1. (JIN10 APP) On the US dollar: As of 11:41, the US dollar index rose 0.05% to 100.01. The July US manufacturing PMI data showed strong demand, surging output, and accelerated hiring, marking the fastest expansion in over four years, which to some extent offset the interest rate cut expectations driven by declining oil prices, leaving overall market rate hike expectations relatively unchanged. According to CME FedWatch, the market priced in a 64.5% probability of at least a 25-basis-point rate hike by the Fed in September. (Wall Street CN) (JIN10 APP) Data from the Institute for Supply Management (ISM) showed that the US ISM manufacturing PMI registered 55.6 in July, the highest level since May 2022. A reading above 50 indicates sector expansion, and the industry has remained above that threshold for seven consecutive months. The production index rose to 58.5, the highest since the end of 2021, while the employment gauge indicated that manufacturers added workers for the first time since September 2023. New orders — a signal of demand — also rebounded. Manufacturing momentum has been strong this year, with factories benefiting from solid consumer demand, robust business investment, and government spending on national defense. All but one manufacturing industry reported growth in July, including printing, apparel, and electrical equipment. The only sector reporting contraction was chemical products. Fed’s Williams said he remains optimistic that inflationary pressures will gradually ease, but if that does not happen, the Fed will not hesitate to raise interest rates to ensure price pressures return to target. In an interview with Reuters last Friday, Williams said that if energy prices and trade tariffs have peaked and the economy maintains solid momentum, "I think some of the main factors that have pushed up inflation over the past year and a half will no longer play such a large role, and the disinflationary forces we observed earlier should reemerge."He added: "I am watching very closely what happens to core inflation measures over the coming months, whether that is consistent with inflation trending down to 2% and continuing to move lower, so that we achieve that sustained 2% inflation goal over the longer run by 2028." He also stated: "My own forecast is that inflation will come down somewhat in H2 this year and pull back further next year." Williams reiterated that the current monetary policy stance is "well positioned" to bring inflation back to the target. However, he noted: "If we are not on a path to bring inflation down to 2%... then it would be entirely appropriate to take action to get us back on a path to 2% inflation." (Jin10 Data APP) In terms of data: Today, the US June trade balance, US June JOLTS job openings, US June factory orders MoM, and other figures will be released. Items to watch: SpaceX announces Q2 2026 results; FMS 2026 Flash Memory Summit takes place from August 4-6, with Samsung, SK, and other storage giants in attendance. In terms of crude oil: As of 11:41, both crude benchmarks were up, with WTI rising 0.73% and Brent gaining 1.16%. With the outlook for US-Iran negotiations uncertain and market concerns over supply disruptions persisting, oil prices rebounded after the previous session's plunge. Shipping tracking data shows that six empty Saudi-flagged supertankers changed course in the Gulf of Aden in recent days, heading toward southern Africa. One of them is destined for Gibraltar. On August 3, the six tankers were sailing in formation in the high seas off the coast of Somalia. (Jin10 Data APP) Spot market at a glance: ► ► ► ► ► ► ► ► ► ► ► ► ► ►

High ore costs, tight spot availability and weak stainless demand pin China's benchmark NPI index inside a RMB 7/nickel-point range in July, before an Indonesian policy jolt lifts it to a monthly high of RMB 1,129.5.

As China’s unified national electricity market accelerates its formation and new energy fully enters the market, the industry’s profit logic has shifted from “policy-backed guarantees” to a “market tug-of-war,” with the core of competition moving from scale expansion to value creation. Against this backdrop, the value framework of the PV+ESS industry is being restructured: installed capacity is no longer the sole benchmark. What truly matters is — how many integration challenges has the technology solved for the power system? How much quantifiable value have the solutions created for users? And how many life cycle benefits have the services delivered for power station assets? Facing this restructuring, industry chain enterprises urgently need to find direction in cost reduction and efficiency gains, mine value in diverse application scenarios, and realize revenue in electricity trading. This conference gathers core forces from government, industry, research, academia, and capital to conduct in-depth discussions on key topics such as high-efficiency modules, grid-forming ESS, virtual power plants, and asset operations. Through a dedicated supply-demand matchmaking session, it promotes the efficient alignment of cutting-edge technologies with project needs, helping enterprises seize the initiative and win the future amid transformation. Guangdong Odia Electronics Co., Ltd. cordially invites you to gather at this pinnacle industry event. Let us join hands to create a bright future for the PV industry and embrace the dawn of a new era. Click now on theto easily complete your attendance registration, witness and participate in this extraordinary and far-reaching industry event, and co-create a brilliant new chapter! Odia Electronics is a supplier of waterproof connectors and cabling system solutions. Its products are widely used in new energy PV, energy storage, electric power, security, industrial automation, 5G base stations, AI servers, and other fields. The company is ISO9001/14001/45001 certified and has successfully developed over 2,000 waterproof connector and wire harness products for new energy and PV applications. Its PV and energy storage connector products are compatible with the interfaces of all mainstream new energy inverter and energy storage manufacturers in China. The company holds nearly 50 product patents, is a strategic partner to many publicly listed firms in China’s new energy industry with rich sector experience, and is currently the manufacturer with the most extensive product line in the domestic “Sike” PV grid connection niche segment, possessing certain first-mover advantages. It owns the “Odia” brand trademark and has gradually achieved brand-driven, high-quality development. Main Products Long press or scan to register now

India, though the world’s second-largest primary aluminum producer with an annual capacity exceeding 4.16 million mt, sees its roughly 3,500 downstream micro, small, and medium aluminum processing enterprises (MSMEs) trapped in a structural cost disadvantage caused by the import parity pricing mechanism for primary aluminum. This mechanism anchors domestic primary aluminum prices to an international benchmark plus tariffs, forcing downstream enterprises to pay import-equivalent prices even when purchasing locally produced metal. Yet these MSMEs support about 90% of employment in the aluminum value chain and supply critical materials to strategic sectors such as power transmission and transformation, renewable energy, railways, and EVs, while operating at margins of only about 5% and an operating rate of about 65%—a stark contrast to the nearly 98% operating rate and about 10% margins in the primary aluminum sector.

As a provider of high-efficiency heterojunction PV technology and product solutions, Huasun New Energy leveraged the Kunlun series vertical modules to facilitate the implementation of a benchmark agrivoltaic project in Shuitai Village, Zhenjiang City, and collaborated with the USTC research team to overcome the industry challenges of traditional agrivoltaics, such as land competition, production cuts, and single revenue streams. Through innovative applications like vertical bifacial power generation and uniform light planting adaptation, the project truly achieves efficient power generation on the panels and stable production growth under them, effectively revitalizes idle rural land and low-efficiency assets, and drives income increases for village collectives while creating nearby employment for villagers. With its hardcore product strength, Huasun is opening up a symbiotic chain linking technology, agriculture, ecology, and prosperity for the people. By offering scenario-based, high-value PV solutions, it continuously explores new paradigms of agrivoltaic integration, supporting the two-way empowerment of rural revitalization and the high-quality development of clean energy.