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.

[Huawei Digital Power and SchneiTec Collaborate to Build Cambodia's First ESS Power Station] As a leading local energy enterprise, SchneiTec had previously successfully developed Cambodia's largest PV power station. The newly completed 12 MWh ESS project includes 2 MWh dedicated to validating Huawei's intelligent string-level grid-forming ESS technology in off-grid and weak power grid scenarios, ensuring grid stability, achieving smooth output of intermittent renewable energy, and obtaining authoritative certification from TÜV SÜD. This marks the implementation of Cambodia's first-ever grid-forming ESS project, laying the foundation for subsequent project expansions and large-scale energy infrastructure construction.

During the SNEC exhibition in Shanghai, Huawei Digital Power unveiled its latest intelligent PV strategy and the flagship new product, FusionSolar 9.0, under the theme of "Building High Quality, Unleashing AI Potential, and Ushering in a New Era of Comprehensive Grid-Forming". This product is the world's first intelligent string-level grid-forming PV+ESS solution. Representatives from various sectors of the energy and PV+ESS industries participated, and Huawei, in collaboration with 13 enterprises and organizations, launched a comprehensive grid-forming initiative to propel the industry into a new era of comprehensive grid-forming. [SNEC: Huawei Digital Power Unveils World's First Grid-Forming PV+ESS Solution]

I. Exhibition Scene: When PV Giants Collectively Reveal Their "Hydrogen" Cards As the world's largest PV exhibition, the exhibition halls of SNEC 2025 were somewhat different from previous years. Traditional solar cell and module companies occupied the prime positions, but the booths for energy storage systems (ESS), hydrogen energy, and smart chemical industrial parks were also bustling with activity. More notably, the four leading companies—LONGi, Trinasolar, Jinko, and GCL—also showcased their latest hydrogen energy equipment at their booths. Of course, there were also many gas companies and hydrogen energy enterprises presenting complementary offerings. Three Major Phenomena Addressing Industry Pain Points: Booth Structure Transformation : Trinasolar displayed electrolyzers alongside N-type TOPCon modules; LONGi's booth featured a full-process sand table of "green electricity → green hydrogen → green chemicals" at its core. Signings Data Insights : Among the 23 projects exceeding 100 MW signed during the exhibition, 17 included hydrogen production modules (compared to only 6 in 2024). Integration of Technological Routes : Huawei introduced the "Intelligent Hydrogen Production Energy Management System," achieving, for the first time, coordinated control of electrolyzers and PV inverters. II. In-Depth Analysis of the PV Winter: Why Hydrogen Energy is the Key to Breaking the Deadlock (I) Core Contradictions in the Industry's Predicament Hydrogen energy, however, provides a three-dimensional breakthrough point: Dimension Current Situation Limitations of Traditional Counterparts Capacity Utilisation Rate Global module capacity stands at 1.28 TW Shutting down production lines incurs significant losses Price System 182 bifacial modules priced at 0.78 yuan/W Cost inversion leaves no room for compression Consumption Bottleneck The curtailment rate of PV power generation in north-west China has rebounded to 5.3% The power grid expansion cycle is lengthy Capacity Conversion Valve: 1 GW of PV capacity can be paired with 200 MW of electrolyzers, with a conversion rate exceeding 1:5 (demonstrated at LONGi's Baotou base). Value Amplifier: PV electricity 0.3 yuan/kWh → green hydrogen 18 yuan/kg → synthetic ammonia 4,000 yuan/ mt , with a value-added rate exceeding 300%. Strong Policy Drivers: The EU's Carbon Border Adjustment Mechanism (CBAM) requires a 40% reduction in the carbon footprint of imported fertilizers, compelling the procurement of green ammonia. III. Practical Pathways for PV-Hydrogen Integration Revealed at SNEC 2025 (I) Technological Coupling and Innovative Breakthroughs 1. Dynamic Response Electrolysis System (a key technology featured at the exhibition) The load adjustment speed of Siemens ENERGY SP system reaches 10% per second (compatible with minute-level fluctuations in PV power) Sungrow showcased an off-grid hydrogen production power supply, maintaining stable energy consumption at 4.3 kWh/Nm³ under fluctuating conditions 2. New Engineering Solutions China Energy Engineering Group released the "Three Innovations in Desert-based Hydrogen Production": 1. Fixed-mount brackets for sandy terrain (reducing costs by 40%) 2. Air-cooled electrolyzers (saving 95% of water) 3. Mobile liquefaction units (resolving transportation bottlenecks) (II) Strategic Insights from Overseas Giants TotalEnergies Launches "Solar-to-X" Initiative : Mandating that all new PV projects reserve interfaces for hydrogen production by 2027 Saudi Arabia's ACWA Power Signs Jilin Project at the Exhibition: 400 MW PV + 80 MW electrolyzer + 200,000 mt green ammonia plant, achieving full off-grid operation for the first time IV. From the Exhibition Floor to the Battlefield: The Hydrogen Energy Transition Matrix of PV Enterprises Comparison of Strategic Layouts Among Top-tier Enterprises: Enterprise Technology Route Project Scale Core Advantages LONGi PEM electrolyzers 12 projects at the 100 MW level 18% lower cost due to in-house equipment development Trina Solar Parallel alkaline and PEM technologies 9 off-grid hydrogen production projects 54.3% efficiency in coupled systems Jinko Integrated PV-hydrogen production units Partnership with Sinopec's distribution channels 40% reduction in operation and maintenance costs GCL Ammonia synthesis technology Secured European orders Leading green ammonia certification system V. Policy Trends and Market Tipping Points New Global Policy Developments in 2025: China Initiates "Hydrogen into Every Home 2.0" : Requiring new chemical parks to be equipped with 15% green hydrogen EU Revises the Renewable Energy Directive: Allowing green hydrogen projects to be exempted from grid fees US IRA Extension of Tax Credits: Up to $3 in subsidies per kg of green hydrogen Critical Data Indicating the Approaching Tipping Point: The "White Paper on the Economics of PV-Hydrogen Integration" released at the exhibition predicts: When the LCOE of PV drops to 0.25 yuan/kWh (expected by 2026), the cost of green hydrogen will fall below 15 yuan/kg (lower than coal-based hydrogen) Conclusion: At the Crossroads of the Energy Revolution SNEC 2025 has become a milestone in industrial transformation—when LONGi replaced its final new module product on display with a 2.5 MW electrolyzer, and when Trina Solar's technical personnel explained hydrogen refueling station parameters to the audience instead of module power, this once purely PV-focused event has transformed into a global roadshow platform for "PV-hydrogen integration." After the exhibition concluded, an analyst from the International Energy Agency commented, "The Chinese PV contingent is creating a new paradigm: they are not just manufacturing components, but building cross-dimensional energy conversion hubs. Hydrogen energy has not only saved the PV industry but also reshaped the entire value chain of clean energy." In this industrial transformation, PV enterprises that were the first to embrace hydrogen energy are evolving from survivors of the PV winter into definers of a new energy era. When sunlight is converted into hydrogen energy to power 10,000-mt-class vessels, humanity truly embarks on the journey of transitioning from the "photovoltaic era" to the "hydrogen energy civilization."

On June 11, XPENG officially unveiled its latest midsize SUV—the XPENG G7—and opened presales with a starting price of 235,800 yuan.