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

SMM, June 15 dispatch: Data highlights: As of Monday, June 15, SMM copper inventories in major regions across China continued destocking WoW, with total inventory reaching 207,700 mt, up 60,000 mt from 147,700 mt in the same period last year, and regional performance diverged. Specifically, in Shanghai, the pace of warehouse withdrawals accelerated, but arrivals of both imported and domestic copper cathode remained low, leading to continued destocking. In Jiangsu, insufficient arrivals weighed on consumption, and inventory declined in tandem. In Guangdong, approaching delivery prompted concentrated arrivals from smelters, while sluggish weekend consumption pushed inventory buildup. Market outlook: In the near term, arrivals of imported copper and domestic copper cathode are expected to stay low, keeping overall market supply tight. On the demand side, copper prices climbed back to high levels, curbing downstream procurement appetite. Survey data indicates that this week, the operating rate of copper cathode rod is projected to rise to 68.36%, up 0.89 percentage point WoW. Considering supply-demand dynamics, short-term market supply will remain tight while demand sticks to just-in-time procurement; China's domestic copper social inventory is expected to continue destocking next week.

The global secondary copper industry is at a critical juncture defined by tightening resources, green transformation, and intensifying global competition. As environmental protection policies continue to tighten and the energy crisis deepens, secondary copper—with its notable environmental advantages and economic value—is playing an increasingly prominent role in alleviating tight supply of primary copper and driving low-carbon development. Currently, the global copper industry chain is under multiple pressures, including supply fragility, demand transformation, and low-carbon upgrading. Major economies have listed copper among critical minerals, and international competition for secondary copper resources is becoming ever more intense. Optimizing the industry chain structure, improving recycling and recovery efficiency, and aligning global standards have become urgent priorities for the sector. To help the industry gain a comprehensive understanding of global policy trends and market dynamics. SMM and Qingyuan Xiangzhan Metal Trading Co., Ltd. have joined forces to create the , focusing on industry development directions, amplifying market voices, and aiming to provide practitioners with an authoritative and professional industry distribution guide. (Click the link to receive a free copy: ) Qingyuan Xiangzhan Metal Trading Co., Ltd. is a comprehensive enterprise specializing in non-ferrous metal material supply, processing and manufacturing, and international trade services. Its main business covers a wide range of products, including various high-quality materials, tin-plated materials, brass block materials in various specifications (natural or plated), copper block materials, copper pipe & tube materials, copper powder, copper bricks, copper ingots, copper alloy materials, 3-series and 4-series stainless steel, secondary aluminum, and aluminum ingots. The company’s operations span production and processing, procurement integration, import and export trade, and supply chain services. Leveraging its production site in Thailand and supply chain advantages in Southeast Asia, the company has established robust systems for raw material procurement, production management, quality control, and logistics distribution, and is committed to providing stable and reliable metal material products to global clients. Its products are widely used in electronic appliances, machinery equipment, hardware manufacturing, casting processing, automotive parts, new energy, and industrial manufacturing. Over the years, Xiangzhan Metal has upheld the philosophy of “Quality First, Integrity in Business, and Win-Win Cooperation,” continuously enhancing product quality and service standards. It has maintained long-term, close cooperative relationships with the Taiwan region and actively promoted industrial exchanges and resource integration across the Strait and within Southeast Asian markets. With professional market experience, stable supply capabilities, and comprehensive international trade services, the company has become a trusted partner to numerous clients. Looking ahead, Xiangzhan Metal will continue to deepen its industrial footprint in the metal materials sector, strengthen its global procurement and sales network, and enhance its processing technology and supply chain management capabilities, striving to become a competitive metal material supplier and international trade service provider in Asia. Qingyuan Xiangzhan Metal Trading Co., Ltd. Contact Information Ling Jingzhao 134 1727 8888 Cao Bangjiang 177 2882 2736 SMM Co-production Contact Person Liu Mingkang 156 5309 0867 liumingkang@smm.cn

SMM June 15 News: Metal market: As of the midday close, domestic base metals moved higher across the board. SHFE copper rose 1.35%, SHFE tin rose 4.35%. SHFE nickel rose 1.27%, SHFE aluminum rose 0.31%, SHFE zinc rose 2.37%, SHFE lead rose 1.21%. Additionally, the most-traded cast aluminum futures contract rose 0.67%, while the most-traded alumina contract edged lower. The most-traded lithium carbonate contract fell 1.8%, the most-traded silicon metal contract rose 0.29%, and the most-traded polysilicon futures contract rose 0.67%. Ferrous metals rose broadly, with iron ore up 0.39%, rebar up 0.41%, hot-rolled coil up 0.5%, and stainless steel up 1.54%. Coking coal and coke: The most-traded coking coal contract fell 1.97%, and the most-traded coke contract rose 1.06%. Overseas base metals: As of 11:38, LME metals nearly all rose. LME copper rose 0.89%, LME aluminum fell 0.17%, LME lead rose 0.56%, LME zinc rose 0.85%, LME tin rose 2.35%, LME nickel rose 1.12%. Precious metals: As of 11:38, COMEX gold rose 2.47%, COMEX silver rose 3.52%. Domestic precious metals: The most-traded SHFE gold contract rose 4.58%, and the most-traded SHFE silver contract rose 7.93%. Furthermore, as of the midday close, the most-traded platinum futures contract rose 2.67%, and the most-traded palladium futures contract rose 2.36%. As of the midday close, the most-traded Europe route container shipping futures contract fell 3.44% to 3,773.5 points. As of 11:38 on June 15, some futures midday market quotes: Spot and Fundamentals Zinc: Today, mainstream transaction prices for #0 zinc were concentrated at 24,650-24,885 yuan/mt, Shuangyan mainstream transactions were at 24,740-24,945 yuan/mt, and #1 zinc mainstream transactions were at 24,580-24,815 yuan/mt. In early trading, market quotes against SMM’s average price were at premiums of 10-30 yuan/mt, with no quotes against the futures price yet... Macro Front Domestic: [NDRC and Other Departments: Launching a Three-Year Campaign for Key Industries’ Energy-Saving and Carbon-Reducing Transformation] The National Development and Reform Commission (NDRC) and other departments have decided to organize a three-year campaign for energy-saving and carbon-reducing transformation in key industries, including steel, aluminum, cement, flat glass, oil refining, ethylene, synthetic ammonia, methanol, and coal-fired power. It was mentioned that key industries have large-scale and high-intensity energy consumption and carbon dioxide emissions, making them the top priority for improving energy efficiency, reducing coal consumption, and lowering carbon emissions. Starting from 2026, nine key industries—steel, aluminum, cement, flat glass, oil refining, ethylene, synthetic ammonia, methanol, and coal-fired power—will be the focus of a three-year initiative to fully implement energy-saving and carbon-reduction retrofits. This aims to drive enterprises to elevate their energy and carbon efficiency levels as much as possible, leading to a marked improvement in the green and low-carbon development of these industries. Beginning in 2028, the scope of implementation will be further expanded based on practical circumstances, with additional industries advanced in a phased manner. All regions may proceed in an orderly fashion as needed, based on local conditions. [PBOC Reverse Repo Injects Net 206.5 Billion Yuan Today] The PBOC conducted a 425 billion yuan 7-day reverse repo operation in the open market at an interest rate of 1.40%, unchanged from the previous day. Today, 218.5 billion yuan in reverse repos matured. US Dollar: As of 11:38, the US dollar index fell 0.27% to 99.53. Easing tensions in the Middle East led the market to scale back bets on US Fed interest rate hikes. Interest rate swaps showed traders now see a roughly 60% probability of the Fed raising rates by 25 basis points before December, down from about 80% last Friday. (Jinshi Data APP) Additionally, according to the CME "FedWatch" tool: The probability of the Fed holding interest rates steady in June is 98.5%, with a 1.5% chance of a cumulative 25-basis-point cut. The probability of holding rates steady through July is 91.3%, with a 7.4% chance of a cumulative 25-basis-point hike and a 1.4% chance of a cumulative 25-basis-point cut. (Jinshi Data APP) On the data front: US consumer confidence rebounded for the first time in four months in early June, as lower gasoline prices offered some relief to Americans grappling with surging inflation. A survey released Friday showed the University of Michigan's preliminary consumer sentiment index for June rose to 48.9 from May's record low of 44.8. Economists had expected a modest recovery to 46. Consumers anticipated prices would rise 4.6% YoY over the next year, down from 4.8% in May. They also projected costs would climb at an average annual rate of 3.4% over the next five to ten years, also below the prior month's expected increase. Although gasoline prices remain higher than pre-Ukraine war levels, the decline in recent weeks has lessened pessimism about personal finances among Americans. The report showed a notable improvement in sentiment among lower-income consumers, who typically allocate a larger share of their budgets to fuel costs. Nevertheless, against the backdrop of the Iran war and the resulting wave of inflation, overall economic sentiment remains at historically depressed levels. Survey Director Joanne Hsu stated, "While there has been some relief, gasoline prices still have a significant impact on consumers. As a result, current price levels remain broadly unacceptable to consumers and have dampened their view of the economy." (Jin10 Data APP) Data: Today will see the release of Switzerland’s May Consumer Confidence Index, the Eurozone’s April seasonally adjusted trade balance, Eurozone April industrial production MoM, Canada April wholesale sales MoM, the US June Empire State manufacturing index, US May industrial production MoM, the US June NAHB Housing Market Index, and China’s May total electricity consumption YoY (to be determined), among other data. Attention should also be paid to: ECB President Lagarde’s speech; the National Energy Administration’s release of total electricity consumption data around the 15th of each month; and the opening of the G7 summit, which runs through June 17. Crude Oil: As of 11:38, oil prices on both sides of the Atlantic fell sharply, with WTI down 5.58% and Brent down 4.76%. A US-Iran peace agreement is expected to be signed soon, easing market concerns over crude supply and putting oil prices under pressure. According to Xinhua News Agency, US President Trump stated on social media on the 14th that with the signing of the US-Iran agreement on the 19th, the Strait of Hormuz will be reopened for mine-clearing operations. Iran’s Deputy Foreign Minister also indicated that an immediate and permanent halt to military operations on multiple fronts, including in Lebanon, will be announced starting tonight. Patrick DeHaan, head of petroleum analysis at GasBuddy, said the US nationwide average gasoline price fell below $4 per gallon on Sunday for the first time since April 20. He expects that in an optimistic scenario, the nationwide average price could fall below $3.75 per gallon before July 4, but the hurricane season could be a major variable in the latter half of the summer. " The coming weeks are critical—any major misstep could significantly impact the subsequent oil price trajectory." (Wall Street CN) Spot Market at a Glance: ► ► ► ► ► ► ► ► ► ► ► ►

[SMM Copper Foil Monthly Operating Rate] In May 2026, the electronic circuit copper foil operating rate was 89.57%, up 1.14 percentage points MoM and up 13.96 percentage points YoY; the lithium battery copper foil operating rate was 90.68%, up 0.25 percentage points MoM and up 20.29 percentage points YoY. Affected by the grid connection deadline (June 30), energy storage projects experienced concentrated installation rush, together with high production schedules of power batteries, leading to steady release of lithium battery copper foil demand. Robust demand from the AI computing power industry drove the industry capacity upgrade toward high-end specifications, effectively boosting electronic circuit copper foil demand.

[SMM Copper Foil Monthly Operating Rate] In May 2026, the overall operating rate of copper foil enterprises in China was 90.31%, up 0.56 percentage points MoM and up 18.15 percentage points YoY. Among them, the operating rate of large enterprises was 93.38%, medium-sized enterprises 74.88%, and small enterprises 79.85%.