SMM, June 24: Based on the profound accumulation in the copper industry and the need for mutual development, on June 23, Zhou Bo, Vice President of SMM Information & Technology Co., Ltd. (SMM), Long Huachen, General Manager of the South China Office, and Lin Jiazhi, Business Manager of the Copper Business Division, visited Guangxi Jinchuan Nonferrous Metals Co., Ltd. for discussions and communication. They received a warm welcome from leaders including Xu Jun, General Manager of Guangxi Jinchuan Nonferrous Metals Co., Ltd., Zhou Guoqing, Deputy General Manager, Mo Liping, Deputy Manager of the Supply and Sales Department, and business executives Xu Tianli and Liu Jianming. The discussions between the two sides were conducted in a cordial atmosphere. During the discussion session, the two parties leveraged their respective resource advantages for in-depth collaboration. Guangxi Jinchuan has a single-series copper smelting production line that is leading both in and outside China. Leveraging the strategic location near Fangchenggang Port, it serves as a core hub for Jinchuan Group’s expansion into markets outside China. Backed by its mature smelting capacity and advanced processes, and complemented by a digital technological transformation project that enables intelligent control over the entire process, the company has established a digital demonstration production line in the copper smelting industry. SMM, leveraging its big data on nonferrous metal industries, authoritative spot and futures pricing system, and strengths in integrated services across the entire industry chain, precisely addresses the core demands of enterprises in production and operation, cross-border trade, and digital transformation. The two parties engaged in in-depth discussions on topics such as copper price analysis, spot-futures coordination, industry chain resource integration, port-side cross-border trade, smelting digital upgrading, and frontier technology collaboration, laying a solid foundation for mutual empowerment and synergistic development. About Guangxi Jinchuan Nonferrous Metals Co., Ltd. Guangxi Jinchuan Nonferrous Metals Co., Ltd. (hereinafter the "Company") was founded in May 2010 and is located in the beautiful coastal city of Fangchenggang, Guangxi. The Company is a Sino-foreign joint venture controlled by Jinchuan Group Copper & Precious Metals Co., Ltd., a wholly-owned subsidiary of Jinchuan Group (holding 70% of shares), with Trafigura as a stakeholder. It serves as a maritime gateway and bridgehead for the Gansu provincial government and Jinchuan Group in their pursuit of international operations and expansion outside China, and is highly aligned with the national Belt and Road Initiative, functioning as an export base for Gansu Province on the Maritime Silk Road. Benefiting from the unique coastal advantages and favorable business environment of Guangxi and Fangchenggang City, and relying on the expertise and dedication of all shareholders deeply engaged in the metal processing and trading industry, the Company has, after over a decade of development, achieved an annual production capacity of 800,000 mt of copper products and 3 million mt of sulphuric acid. The Company has received numerous honors, such as being recognized as a National Green Factory Demonstration Enterprise, National Intellectual Property Advantage Enterprise, Guangxi Industrial Leader, Guangxi High-tech Enterprise, Quality Management Benchmark for Industrial Enterprises, Guangxi Intelligent Factory Demonstration Enterprise and Digital Workshop Enterprise, Nomination Award for the Chairperson's Quality Award of Guangxi Zhuang Autonomous Region, and the Mayor's Quality Award of Fangchenggang City. In 2025, the company achieved operating revenue of 66.7 billion yuan and total industrial output value of 67 billion yuan, ranking 12th among the 2025 Top 100 Guangxi Enterprises and 5th among the Top 100 Manufacturing Enterprises. The Phase I “Double Flash” system, commissioned in 2013, is the world’s largest single-system production system for mined copper by capacity. The technologies employed in the project, including “Double Flash” pure-oxygen smelting, high current density stainless steel cathode electrolysis, low-temperature heat recovery, rhenium recovery from waste acid, and krypton-xenon gas purification, are at a leading level in China. Its comprehensive resource utilization level and key technical and economic indicators lead the industry. In line with Jinchuan Group’s “Trillion Jinchuan” development goal and Fangchenggang’s deployment to build a “100-billion copper industry cluster,” the company launched a 300kt copper system process and digital upgrade project in 2022. The project adopts the internationally advanced “side-blown smelting + multi-lance top-blown converting” technology, takes the lead in the industry in adopting digital design and delivery, simultaneously constructs an intelligent digital factory, and achieves the organic integration of energy flow, material flow, and information flow with operational management, creating a model for the digital transformation of copper smelters in the non-ferrous industry. The project was incorporated into normal production sequence management in May 2025, and the company’s annual total industrial output value has exceeded 65 billion yuan. In 2026, against the backdrop of the global green transition and the ongoing advancement of the “dual carbon” goals, the non-ferrous metals industry is accelerating toward low-carbon, intelligent, and high-end development. South China, as a key non-ferrous metals industry cluster in China, possesses a well-established downstream processing system, abundant recycled resource reserves, and robust policy support. Leveraging South China’s unique industrial foundation and the new development trends of the industry, with the aim of precisely implementing industry-related policies, addressing industry pain points, and building a bridge for resource connectivity across the entire industry chain, the , organized by SMM, will be grandly held from September 9 to 11, 2026 in Nanning, Guangxi . The conference will conduct in-depth discussions on key topics such as metal price trends, medium and long-term market patterns, cross-border trade dynamics, industry policy interpretation, and low-carbon green process innovations. It aims to build an efficient and authoritative platform for industry exchange and cooperation, empower enterprises with technological innovation and green transformation, help industry participants seize market opportunities and calmly address development challenges, and jointly promote the high-quality advancement of China’s non-ferrous metals industry. We sincerely invite colleagues from all sectors of the entire non-ferrous industry chain to gather in Nanning to discuss new industry development opportunities and explore long-term paths for collaborative development of the industry chain! SMM Contact : Lin Jiazhi: 15017566696

2025-05-25 To comprehensively promote the large-scale and high-quality development of the hydrogen energy industry and improve the local hydrogen energy industry supporting system and application ecosystem, the Ziyang Municipal Bureau of Economy and Information Technology publicly released a policy announcement, soliciting public opinions on the revision of the "Several Policy Measures of the Ziyang Municipal People's Government on Supporting the High-Quality Development of the Hydrogen Energy Industry (Draft for Comments)," and simultaneously released an official policy interpretation, safeguarding hydrogen energy industry development with dedicated support policies. The new policy under public consultation introduces multiple favorable measures around hydrogen refueling station construction and operation, continuously addressing shortcomings in hydrogen energy infrastructure. Ziyang will establish a dedicated fast-track approval channel for hydrogen refueling station projects, significantly shortening project approval timelines and improving implementation efficiency. For integrated hydrogen production and refueling stations located outside chemical industrial parks, the local government will provide a one-time construction reward of up to 2 million yuan. Meanwhile, restrictions on station construction scenarios will be relaxed, allowing the construction of enterprise self-use hydrogen refueling facilities in compliant areas such as industrial parks, logistics parks, open-air parking lots, and bus depots. For scenarios involving station construction through renovation of existing industrial land, the policy explicitly sets a 2-year exclusive transition period, during which enterprises may use existing industrial land to build integrated hydrogen production and refueling stations and conduct compliant hydrogen refueling services. After the transition period, the relevant construction land may complete the "industrial-to-commercial" land use adjustment in accordance with regulations. Regarding operational subsidies, Ziyang has set clear support standards: for compliant hydrogen refueling stations with hydrogen pricing no higher than 25 yuan/kg and daily average refueling capacity of 500 kg or above, operational subsidies will be granted at a maximum standard of 20 yuan per kilogram, with an annual subsidy cap of 5 million yuan per station, effectively reducing station operational pressure. To improve the entire industry chain layout of hydrogen energy and achieve industry chain strengthening and gap-filling, Ziyang has introduced dual reward policies for industrial investment and technological transformation. The city focuses on encouraging the implementation of projects across the entire hydrogen energy chain covering production, storage, transportation, refueling, and utilization, encompassing key upstream and downstream fields such as core equipment, key parts, and specialty materials. For key hydrogen energy industry projects that are successfully completed and put into production, a one-time investment reward of up to 10 million yuan may be granted. Meanwhile, the policy supports local traditional enterprises in transformation and upgrading, guiding enterprises to conduct hydrogen energy-oriented technological transformation benchmarked against industry-leading standards. Projects that complete technological transformation and are officially put into use may enjoy a one-time technological transformation subsidy of up to 1 million yuan per project, facilitating the transformation of traditional industries toward the hydrogen energy track. In the hydrogen energy scenario innovation application field, Ziyang continues to broaden promotion boundaries and enrich diversified implementation scenarios. The new policy focuses on supporting hydrogen fuel cell commercial vehicle demonstration projects, providing local funding support at 50% of the national prevailing demonstration application credit subsidy standard for market entities participating in demonstration operations. In addition, local enterprises operating hydrogen-powered rail locomotives, mining trucks, forklifts, two-wheeled hydrogen vehicles, hydrogen-powered aircraft, as well as those developing new-type application scenarios such as backup power supply, combined heat and power, and hydrogen energy storage power generation based on hydrogen energy, may all enjoy local supporting subsidies at 50% of the equivalent national subsidy standard, comprehensively activating the vitality of the hydrogen energy end-use applications market. Furthermore, the new policy focuses on large-scale hydrogen consumption and industry cost reduction and efficiency improvement, introducing targeted incentive policies. For fossil energy-to-hydrogen substitution technological transformation projects of high energy-consuming and high carbon-emitting industrial enterprises, a one-time reward of up to 1 million yuan may be claimed after meeting standards and being put into use. Meanwhile, a regular hydrogen use subsidy is established, providing subsidies at a standard of 2 yuan/kg based on the enterprise's actual annual hydrogen consumption, with a maximum annual subsidy of 1 million yuan per enterprise. To explore new models of hydrogen energy utilization, Ziyang will also support natural gas pipeline hydrogen blending demonstration projects, with a one-time construction subsidy of up to 1 million yuan for each compliant demonstration project, promoting large-scale, low-cost popularize application of hydrogen energy through multiple measures.

Powering the Core Journey! OFweek 2026 (10th Annual) Industry Annual Conference is set for a major upgrade and will make its debut at the AsiaWorld-Expo in Hong Kong (Main Forum, Hall 8) from March 11-12, 2026 . This annual conference will be held concurrently with TBSA 2026 (2026 Asia International and Exhibition), covering an exhibition area of over 22,000 square meters. It will attract more than 350 global exhibitors and over 20,000 international professional visitors. Over 150 industry leaders will gather to explore cutting-edge trends in the battery industry, connect global resources, and jointly create a new industrial landscape. Two major events will also be held concurrently: the Weike Cup·OFweek 2025 (8th Annual) Industry Awards Ceremony, and the launch event of the "Involution Ebbs, Innovation Gathers Strength: 2026 China Lithium Battery Industry Panorama Blue Book" (including the release of rankings), integrating exhibitions, high-end conferences, and industry awards. Global renowned enterprises such as Power, Lead Intelligent Equipment, Materials, BTR, Reasolid New Material, Bosch Rexroth, Jingshi, Zhongke Shenlan Huize, and WELION New Energy will gather at this grand event to share insights and jointly promote a new pattern of high-quality development across the industry chain. Three Special Sessions: Decoding Cutting-Edge Trends and Growth Opportunities As an annual barometer for the lithium battery industry, this conference, centered around the theme of "Technological Breakthroughs - Intelligent Manufacturing Upgrades - Market Outlook," will feature three special sessions on Technology and Applications, "Intelligent Manufacturing," and Solid-State Batteries . It will focus on pathways for technological implementation, delve into intelligent manufacturing and cost-reduction and efficiency-enhancement solutions, and provide insights into solid-state battery technology roadmaps to help secure a leading position in next-generation battery technologies. Two major launch events will be held concurrently: ▲ BTR New Product Launch Event : The anode leader unveils innovative products, showcasing groundbreaking technologies and achievements; ▲ Launch Event of the "2026 Lithium Battery Industry Panorama Blue Book" : Exclusive release of industry data, policy interpretations, and future trend forecasts, providing a comprehensive overview for industrial decision-making. A Top-Tier Lineup Assembled: Sneak Peek at the Agenda Contact Us Business Cooperation: Ms. Jiao Tel: 19168597392 Email: Market Cooperation/Media Cooperation: Ms. Yi Tel: 19925234597 Email: yiguandi@ofweek.com

The Ministry of Commerce and nine other departments have issued the "2026 'Happy Spring Shopping' Chinese New Year Special Activity Plan." The plan proposes encouraging localities to increase the number of trade-in subsidies for consumer goods during the Chinese New Year period, enhance support for offline physical retail, mobilize enterprises to continue organizing exhibitions and sales activities related to automobiles, home appliances, digital and smart products during the holiday, guide businesses to set up product experience zones for smart terminals and other products, offer more discounts to in-store customers for trial experiences, strengthen policy interpretation and offline experiential consumption promotion, and foster a strong trade-in atmosphere.

As the pulse of Southeast Asian mining grows stronger and critical metals become the core arena for global industrial competition, an industry event that gathers global wisdom and links resources across the entire industry chain is about to kick off!

As the "dual carbon" goals drive industrial iteration and the wave of intelligentization reshapes the industry landscape, the wire and cable industry, serving as the core "lifeline" for energy transmission and infrastructure support, is facing multiple demands for technology implementation, resource integration, and supply-demand matching . Mere exchange of ideas is no longer enough to support the in-depth needs of the industry's development; the market urgently requires a linking platform that is more tangible, more comprehensive, and more efficient . From industry exchange meetings focused on idea collision to professional exhibitions linking the entire industry chain, every upgrade of SMM WCCE stems from deep insight and sincere response to the needs of the wire and cable industry . In 2026, we envision SMM WCCE as a tangible presentation of technology, a deep connection within the industry chain, a precise matching of demand and capacity, a resource platform covering all categories, the realization of trends, and the embodiment of business opportunities ... SMM WCCE 2026 Wire & Cable Exhibition View the Entire Wire and Cable Chain, Unlock New Industry Prospects May 13-15, 2026 Suzhou, China 20,000㎡ Exhibition Area 5,000+ Professional Visitors 200+ High-Quality Exhibitors 500+ Targeted Procurement Groups SMM WCCE 2026 Wire & Cable Exhibition will be held in Suzhou from May 13 to 15, 2026. The exhibition will focus on core sectors such as wire and cable, conductor materials, polymer materials, and intelligent equipment , precisely linking the upstream and downstream of the industry chain, and building a high-end platform for exhibiting enterprises that integrates "brand display, business negotiation, technical exchange, and trend insight" . This edition of the exhibition will attract over 200 high-quality enterprises to exhibit, gathering professional buyers, engineering technical personnel, and industry decision-makers from fields including power, construction, rail transit, new energy, communications, and industrial manufacturing . The exhibition will further enhance its resource integration capabilities, helping exhibitors accurately reach target customers, efficiently connect with industry resources, and seize development opportunities amidst the wave of industry transformation! Visit: Precise Matching, Efficiently Locking in Full-Chain Resources For procurement managers and technical selection personnel in fields such as power, construction, new energy, and communications , this exhibition is a dedicated supply-demand matching venue for efficient sourcing. The exhibition will screen 200+ high-quality exhibitors with compliant qualifications and competitive products , allowing direct access to reliable partners within the industry without the need for repeated verification of supplier credentials across scattered channels. In a 20,000㎡ exhibition area, the product matrix covers all dimensions: from power cables, special cables, high-voltage/extra-high-voltage cross-linked cables, and other all categories of wires and cables and supporting products , to oxygen-free copper rods, low-oxygen copper rods, and other conductor materials , as well as plastics, rubbers, and other polymer materials , and then to plastic extruders, stranding machines, and other intelligent equipment and various supporting services . Resources across the entire industry chain can be accessed in one stop. Register before December 15 to unlock customized supply-demand matching benefits, enjoy 1-on-1 dedicated demand matching , and benefit from an efficient chain that connects pre-exhibition matching to on-site negotiations; with over 5,000 highly interested attendees gathering on-site, you can directly connect with procurement partners in the same field and share resource information! Participation: In-depth discussions, anchoring hot topics in the industry The concurrently held industry development conference, thematic forums, etc. , serve as the "intellectual high ground" for industry trends. The conference will delve into over 100 cutting-edge industry topics , bringing together technical experts, corporate decision-makers, and industry researchers in the wire and cable field, focusing on global layouts, sustainable development, AI technological innovation, new energy, PV, wind power, brand building, and other multi-dimensional hot topics. Through keynote speeches, roundtable dialogues, case sharing , and other formats, the conference provides precise policy interpretations and technical references for enterprises. Whether you are a leader seeking transformation or a practitioner deeply involved in technology, you can spark ideas and set development coordinates here. May 14, 2026 Opening Ceremony & Strategic Signing Ceremony & Wire and Cable Development Conference Session One: Material Price Trend Analysis Thematic Forum Session Two: New Product Launch in the Wire and Cable Industry Conference Dinner - SMM Wire and Cable Night Wire and Cable Brand Award Ceremony May 15, 2026 Session One: Trends in Downstream Consumption Session Two: Wire and Cable Price Council Annual Working Meeting for Wire and Cable Brand Selection Exhibition: Comprehensive empowerment, seizing the C-position in business cooperation Leveraging the 4 million registered users of the SMM Metal Platform , exhibitors can precisely reach material procurement directors of power groups, supply chain managers of NEV manufacturers, and material heads of communication infrastructure, allowing products to directly face high-intent customers with real purchasing needs ; submit your product advantages and cooperation requirements in advance, and the exhibition will match you with 3-5 purchasing companies in the corresponding fields , facilitating over 100 exclusive matchmaking sessions , and establishing an efficient chain from booth display to in-depth negotiation to order intention confirmation; backed by the clustering effect of over 200 exhibitors , exhibitors can efficiently link up with supply chain partners - wire and cable enterprises can find stable conductor material suppliers, material suppliers can connect with leading wire and cable producers, and equipment suppliers can reach manufacturing enterprises with production line upgrade needs, thus building a complete industrial cooperation network; with the help of SMM's industry media matrix (official account, video channel, industry community, etc.) with millions of exposures , exhibitors can gain promotional resources such as company interviews, product highlights, and on-site updates, quickly enhancing brand recognition and influence within the industry. Time Is Set, Opportunity Awaits May 2026 SMM WCCE Awaits Your Presence!

As the pulse of Southeast Asian mining grows stronger and critical metals become the core arena of global industrial competition, an industry extravaganza that gathers global wisdom and links the entire industry chain resources is about to kick off!

I. Policy Review: Hydrogen Policy Developments (I) Domestic Policies Beijing: Released the public announcement regarding the intended lead enterprises for the "Demonstration Application Consortium" under the 2025 Beijing Fuel Cell Vehicle Demonstration Application Project. Based on the evaluation results, the intended lead enterprises for the "Demonstration Application Consortium" undertaking the demonstration application projects are hereby announced (listed in no particular order): 1. BAIC Foton Motor Co., Ltd. 2. Dongfeng Liuzhou Motor Co., Ltd. 3. Hubei Xinchufeng Automobile Co., Ltd. 4. China National Heavy Duty Truck Group Chengdu Commercial Vehicle Co., Ltd. Hubei Provincial Energy Bureau: Issued the "Notice of the Provincial Energy Bureau on Promoting the Construction of New Energy Power Generation Projects." It states that the scope for new energy power generation project applications includes: million-kilowatt new energy base projects, coal power and new energy joint operation projects, integrated wind, solar, hydro, and ESS projects, energy strategic emerging industry reward projects, and other projects. The application scale for a single project shall not exceed 100,000 kW. Projects not included in the 2025 development and construction scale will be rolled over to subsequent years. Upgrading and renovation projects for wind farms shall be organized and implemented according to relevant national management measures. The competitive ranking rules for new energy power generation projects are clarified, with scoring items covering the consumption potential of the county/city where the project is located, the ratio of ESS capacity to new energy installed capacity in the county/city, the contribution of the project owner's regulation capability, and the guarantee capacity of the transmission channel. Furthermore, it proposes that water electrolysis hydrogen production projects that have completed equipment debugging and are capable of producing hydrogen can apply for new energy power generation projects based on a ratio of 50 MW of new energy project capacity supporting 1,000 Nm³/h of hydrogen production capacity. Policy Interpretation: Beijing: Public announcement of the intended lead enterprises for the "Demonstration Application Consortium" under the 2025 Beijing Fuel Cell Vehicle Demonstration Application Project. This policy consolidates Beijing's core position in the Beijing-Tianjin-Hebei hydrogen corridor and also promotes technological iteration through support for trial production of forward-developed car models, laying the foundation for the final assessment of the national demonstration city cluster in 2025. Hubei Provincial Energy Bureau: This policy guides resources towards green hydrogen projects through competitive ranking indicators such as consumption potential, ESS ratio, and regulation capability, promoting the reduction of electricity costs for green hydrogen. (II) Overseas Developments Ministry of Energy of the Republic of Kenya: Failed to reach a consensus on the framework for net-zero emissions in the global shipping industry, with core disputes centering on carbon pricing mechanisms and implementation pathways. The final resolution was postponed until 2026. Kaishan Group Co., Ltd. signed a "Steam Supply Agreement" with the Kenya Electricity Generating Company (KenGen). The "Steam Supply Agreement" stipulates the terms for KenGen's benefit. Using existing geothermal wells to supply steam capable of generating 165.4 megawatts (MW) of electricity to Kaishan’s wholly-owned subsidiary, Kaishan Terra Green Ammonia Limited (Kenya), Kaishan will construct a geothermal power plant and utilize the generated electricity to produce 100,000 metric tons per year of green ammonia and green fertilizers. Det Norske Veritas: DNV has launched the industry’s first open tender platform for green methanol procurement within the European Union and the UK. This initiative connects leading green methanol producers with industrial buyers in the EU and UK markets, opening new pathways for securing long-term, reliable supplies of this critical low-carbon fuel. II. Enterprise Dynamics: Project Signings and Technical Cooperation (I) Project Intelligence Anhui Mingtian Hydrogen Energy Technology Co., Ltd.: Mingtian Hydrogen Energy and Weihai Xingcheng held a signing ceremony for 200 hydrogen-powered two-wheelers. These vehicles will be equipped with Mingtian Hydrogen Energy’s MTSYS-400W fuel cell system, offering a pure hydrogen driving range exceeding 80 kilometers and enabling convenient refueling via hydrogen cartridge replacement. Shaanxi Hydrogen Superburn Power Technology Co., Ltd.: Released a negotiation announcement (second round) for the safety design procurement of a 100 Nm³/h SOEC water electrolysis hydrogen production system. Jiangsu Weichuangjing Intelligent Technology Co., Ltd.: Won the bid for Shanghai University of Science and Technology’s new energy hydrogen production, storage, and power generation experimental platform at a price of 380,000 yuan. Beijing Nuoming Guohua Technology Co., Ltd.: Won the bid for China University of Petroleum (Beijing)’s experimental equipment for organic small molecule electrocatalytic oxidation and anion exchange membrane water electrolysis hydrogen production, including 2 sets of AEM electrolyzers at a unit price of 200,000 yuan. Hyundai Motor: Won the bid for 1 hydrogen fuel cell van project of Guangzhou Port Co., Ltd.’s Xintang Port Branch at a price of 268,000 yuan. Shaanxi Hydrogen Dual-Wing Technology Co., Ltd.: Issued a procurement for hydrogen storage cylinder bundles for the Jinlian Road Hydrogen Refueling Station project. Scope: (1) One set of 20 MPa hydrogen buffer cylinders with a total water volume of approximately 14.1 m³. (2) Two sets of medium-pressure hydrogen storage cylinders with a working pressure of 45 MPa and a water volume of 18 m³ per set. The project is funded with self-raised capital of 3.15 million yuan. (II) Enterprise Dynamics Shanhai Hydrogen New Energy: Entered into a strategic cooperation with Shanghai Shanxi Coal Research Institute to develop disruptive PEM hydrogen production solutions. Trina Green Hydrogen: Collaborated with a Spanish engineering company to launch an integrated hydrogen production and refueling station solution at the 2025 European Hydrogen Energy Conference. Fuda Zijin Hydrogen Energy Technology Co., Ltd.: Launched the nation’s first commercial-grade 1,000 kg ammonia cracking hydrogen production and refueling integrated station. Plug Power: will provide engineering services and technology for a hydrogen-based sustainable aviation fuel (SAF) project in Las Vegas, US. Power to Hydrogen (P2H2): has secured €900,000 ($1.04 million) in funding to support the deployment of its technology in a "commercial" project in Antwerp, Belgium. Longyuan Power: co-authored a group standard on wind and solar power coupled with electrolyzer hydrogen production technology has been released. III. Technological Advances: Efficiency and Cost Breakthroughs (I) Hydrogen Production, Storage, and Transportation Foshan Xianhu Laboratory: the industry's first "zero-carbon ammonia-fueled aluminum billet heating furnace" for aluminum extrusion production was launched at Foshan Xianhu Laboratory. The equipment enables zero-carbon operation in the aluminum processing heating stage, marking a significant step forward in the green transformation of China's aluminum processing industry. Shougang Group Co., Ltd.: successfully developed a full series of hydrogen pipeline steels (B/X42/X52/X60/X65MH), overcoming six key technical challenges such as hydrogen embrittlement damage and low-temperature toughness, and established a relatively complete product matrix for hydrogen pipeline steels. Baoshishun (Qinhuangdao) Steel Pipe Co., Ltd.: successfully trial-produced multiple specifications of "longitudinal submerged arc welded pipes" (D610x12.7/14.3mm, material/X60MH) for pure hydrogen transportation. SPIC Central Research Institute: the hydrogen storage and transportation team at the Advanced Low-Carbon Institute developed a large-diameter (DN150), high-pressure (10MPa) non-metallic flexible hydrogen pipeline, which achieved safe and stable operation for 30 days on a test platform. Offshore Oil Engineering Special Equipment Branch: the self-developed design achievement of a "cryogenic liquid hydrogen storage tank" for deep-sea floating platforms received principle approval (AIP) certification from China Classification Society (CCS), indicating that the achievement's safety and reliability fully meet CCS standards. Dalian Institute of Chemical Physics, Chinese Academy of Sciences: breakthrough in alkaline electrolyzer membrane technology: developed an ultra-thin (20μm) composite separator, increasing the electrolysis system efficiency to 85% (LHV) with a lifespan exceeding 60,000 hours. (II) Fuel Cell Technology/Product Updates Hyzon Motors: launched a 3MW fuel cell power generation system, which can be applied in backup power scenarios for data centers. CIMC ENRIC: its Jingmen Hongtu company's first set of marine methanol supply skids successfully passed China Classification Society certification and obtained CCS product certificates. Hydro-Powered Green Mobility New Energy (Wuhan) Co., Ltd.: Miniature landscaping sprinkler vehicle, equipped with a hydrogen internal combustion engine 2.0T power system and a built-in miniature PEM hydrogen production unit. Liaoning General Aviation Academy: China's first four-seat electric-electric hybrid aircraft, the RX4M, independently developed by the team of Academician Yang Fengtian at the Liaoning General Aviation Academy of Shenyang Aerospace University, successfully completed its maiden flight at Shenyang Faku Caihu Airport, contributing the "China Solution" to the global development of electric aircraft. Dongfang Hydrogen Energy: Obtained a patent for a system that improves the humidity of incoming air in fuel cell technology. Georgia Power: Announced the successful completion of the second hydrogen-natural gas mixed fuel test for the M501GAC natural gas turbine, developed in cooperation with Mitsubishi Power, under partial and full load conditions. US Hydrogen Energy Association (DoE) leads the formation of the "Hydrogen Refueling Station Compatibility Alliance": Standardizing the interface for 70MPa hydrogen refueling nozzles, eliminating refueling protocol barriers for automakers such as Toyota, Hyundai, and Nikola, and promoting interoperability of hydrogen refueling networks.

In 2025, the Shandong Rare Earth Industry Integration and Stabilization Matchmaking Exchange Event was held in Liangshan County, Jining City, Shandong Province. Themed "Integration and Stabilization, Intelligent Enterprise Convergence," the event focused on fostering collaboration between upstream and downstream enterprises in the rare earth industry chain. Through various formats such as industry reports, demand releases, policy interpretations, and financial matchmaking, it established a practical exchange platform for key enterprises in the industry chain, universities, research institutes, and financial institutions. The event aimed to build three major platforms: a supply-demand matchmaking platform to promote precise alignment between leading chain enterprises and specialized, refined, unique, and innovative small and medium-sized enterprises; an innovation transformation platform to facilitate effective connection between university research achievements and enterprise needs; and an ecosystem construction platform to optimize the allocation of elements such as policies, capital, and technology.

Overnight, LME lead opened at $1,991/mt, fluctuating rangebound during the Asian session; upon entering the European session, it briefly rose to a high of $1,996/mt before weakening, touched a low of $1,982/mt towards the close, and finally settled at $1,993/mt, down 0.05%.