On May 12, the 2026 SMM (3rd) Global Renewable Metal Industry Chain Summit & Battery Recycling Forum , organized by Shanghai Metals Market (SMM), drew to a successful close at the Sheraton Grande Tokyo Bay Hotel in Tokyo, Japan! Following the event, SMM arranged an overseas field trip for delegates. The delegation paid visits to renowned local recycling enterprises in Japan to learn about operational practices and technological advancements in Japan's recycled non-ferrous metal sector. On the morning of May 14, the delegation visited Kankyu Boeki Co., Ltd. and received a warm welcome from the firm’s management. Company Profile Kankyu Boeki Co., Ltd. is a comprehensive resource recycling group whose core business encompasses the dismantling, shredding, and smelting/refining of secondary non-ferrous metal resources, with integrated services in trading, customs clearance, and logistics. The group has long been deeply engaged in the field of industrial and electronic metals recycling, establishing an integrated industry chain system spanning collection, dismantling and processing, smelting, and product output, providing clients with stable, efficient, and compliant secondary metals solutions. The group's main businesses include dismantling and fine processing of secondary non-ferrous metal resources, copper smelting and blister copper ingot production, shredding, dismantling, and smelting of electronic metal materials, and large-scale processing of industrial miscellaneous items, motors, wires, and mechanical metals. The group has annual processing capacities of industrial miscellaneous items (150,000 mt), motors (50,000 mt), air conditioning radiators (30,000 mt), wires (30,000 mt), aluminum and mixed aluminum (50,000 mt), shredded copper and copper wire nodules (50,000 mt), blister copper ingots (100,000 mt), shredded iron (30,000 mt), and H2 iron (80,000 mt). This visit was an important initiative by SMM to build an international exchange platform for the recycled metals industry, serving as a bridge for direct dialogue and experience sharing between Chinese and Japanese enterprises. Through on-site observation and face-to-face communication, the attendees gained in-depth insights into Kankyu Boeki Co., Ltd.'s technological advantages, operational management experience, and market positioning strategies in the recycled metals sector. The visit was particularly fruitful in areas such as refined processing of scrap metals and collaborative operations across the entire industry chain, providing valuable references for enterprises in China to optimize production models and enhance technological capabilities.

Recently, Baidong New District (Baise High-tech Zone) successfully introduced a project for the annual production of 100,000 mt of high performance low-carbon aluminum-based materials and deep processing. With a total investment of 200 million yuan, the project is located in the Liutang Park of Baise High-tech Zone. It mainly involves the construction of high-end aluminum alloy material production lines and deep processing production lines, producing high-end aluminum alloy ingots as well as high-end alloy components for automobiles, engines, radiators, new energy, and electronic applications. After the project reaches full production, it is expected to achieve an annual output value of approximately 2.5 billion yuan.

SMM, February 28th， Driven by the global clean energy transition, the energy storage industry is achieving steady growth. Its core value lies in effectively mitigating the inherent intermittency and volatility of renewable energy sources like wind and solar power, providing critical assurance for stable clean electricity output. This development trend will sustainably drive demand for key metals across the energy storage supply chain. As one of the core materials, aluminum applications in energy storage systems primarily focus on aluminum sheets, strips, foils, and extrusions. I. Scale of Aluminum Consumption in ESS According to SMM calculations, each 1GWh energy storage system consumes approximately 1,780 tons of aluminum , of which aluminum extrusions account for about 44%, aluminum sheets and strips account for about 39%, and aluminum foil accounts for about 18%. From the perspective of industry growth drivers, global energy storage cell production is entering a period of rapid growth: According to SMM estimates, the global demand for energy storage cells will be approximately 559 GWh in 2025, and is expected to reach 779 GWh in 2026, with a year-on-year increase of 39%; even as the base expands, the annual demand from 2027 to 2030 will still maintain a growth rate of over 20%. In terms of aluminum demand, Chinese enterprises dominate the energy storage market, driving increased domestic aluminum consumption. SMM research indicates China's energy storage battery cabinet shipments will reach approximately 400GWh in 2025, accounting for over 80% of global share. Based on SMM's calculation of 1,780 tons of aluminum per GWh for energy storage systems and global battery cabinet shipments, the global aluminum demand for energy storage systems in 2025 will reach 850,000 tons, with China consuming approximately 710,000 tons. Domestic demand for aluminum in energy storage is projected to increase by 280,000 tons in 2026. However, it should be noted that with the continuous iteration of large-cell technology, the unit consumption of aluminum structural components in energy storage systems has room for reduction. In the long term, there is still potential for optimizing aluminum consumption per unit. II. Calculation of Aluminum Profile Materials per Unit of ESS Due to design variations across different energy storage products, this section separates aluminum consumption calculations for energy storage cells from other system components . 1.Core Application Scenarios of Aluminum Materials in EES Aluminum materials, with advantages such as lightweight, corrosion resistance, and excellent processing performance, have been deeply integrated into the core components of ESS, with their main applications concentrated in three major areas: Energy Storage Cell Component: Primarily used for cell aluminum foil, aluminum casings, and tabs. Pack Component : Primarily used for battery trays, liquid cooling plates, battery end plates, and battery enclosures, etc. Energy Storage System Component: Main applications include energy storage system enclosures, radiators, etc. 2.Aluminum Consumption in Energy Storage Cells Aluminum usage in energy storage cells primarily involves battery foil, aluminum casings, and tabs. Currently, the aluminum consumption per cell is approximately 615t/GWh, with aluminum foil accounting for 300-330 t/GWh. 3.Aluminum Consumption in ESS Due to variations in technical approaches and application scenarios, different manufacturers employ distinct design solutions for energy storage systems. When calculating aluminum consumption, we use industry average values: In industrial, commercial, and residential energy storage projects, each rack is on average configured with 4.5 battery packs. In grid-side energy storage projects, each rack averages 8 battery packs, with each system containing an average of 12 rack. The aluminum components of the battery pack include the tray, liquid cooling plate, box body, and end plate. The structure of the battery tray is similar to that of new energy vehicle battery trays, but the product specifications are smaller and the cross-sectional design is more simplified. SMM calculates the aluminum consumption of a single battery pack based on the average weight data of components provided by mainstream aluminum production enterprises. In addition, the core equipment of the energy storage system, the power conversion system (PCS), and its supporting radiator also need to consume aluminum materials.While aluminum enclosures exist for ESS, market research indicates steel enclosures currently dominate the market, with aluminum enclosures holding less than 20% market share. The weight range per unit is from several hundred kilograms to 2 tons. Based on the above parameter calculations: the comprehensive aluminum consumption of industrial, commercial, and residential energy storage systems is 2030 tons/GWh,while for grid-side energy storage systems it is 1,720 tons/GWh. Weighted by the shipment share of different energy storage system types, the final comprehensive aluminum consumption for energy storage systems is calculated as 1,780 t/GWh. 4.Consumption Structure of Aluminum Materials in Energy Storage Systems From a production process perspective, the manufacturing methods for core components such as aluminum casings and liquid cooling plates encompass multiple pathways including sheet metal stamping, profile processing, and casting. This section breaks down the consumption structure of aluminum material categories in energy storage systems based on the proportion of mainstream process applications: aluminum extrusions account for approximately 44%, aluminum sheets and strips account for approximately 39%, and aluminum foil accounts for approximately 18%.

Demand for high-copper scrap such as cables and radiators has risen sharply, with prices up >20% in recent months and processing centers seeing heavy daily trade — reflecting robust demand in secondary copper supply channels.

Thai Media: According to the latest disclosure by the Thailand Board of Investment (BOI), Changan Automobile , one of China's top four automakers, has officially initiated its strategic layout in Thailand. In the first phase, the company will invest billions of Thai baht to establish a production site for right-hand-drive EVs in the WHA Eastern Seaboard Industrial Estate in Rayong Province, Thailand. This is Changan's first overseas complete vehicle manufacturing project, marking a crucial step forward in its globalization strategy. The first-phase factory is scheduled to commence operations on May 16, 2025, with an initial planned annual capacity of 100,000 units, which will be gradually increased to 200,000 units in the future. Notably, Changan will simultaneously establish an R&D center for the Asia-Pacific region, focusing on the development of core technologies for right-hand-drive car models. Currently, 600 employees have already been stationed, and it is expected that the workforce will reach 2,000 by 2026, with 90% being local employees. We are honored to invite Changan Automobile Southeast Asia Business Unit to participate in the SMM Southeast Asia (Thailand) Automotive Supply Chain Conference, which will be held in Bangkok, Thailand, on June 16-17. A special Automakers' Parts Demand Matchmaking Session will be organized. A total of six companies will participate in this automakers' parts demand matchmaking session. Details are as follows: 1. Aion Automobile Manufacturing (Thailand) Co., Ltd. 2. Changan Automobile Southeast Asia Business Unit 3. BYD Auto Thailand Co., Ltd. 4. To be determined 5. Omoda & Jetour (Thailand) Co., Ltd. 6. Joyson Safety Systems (Thailand) Demand Information : Battery cells, carpets, bumpers, roofs, tires/wheel hubs, automotive glass, battery cases, HVAC systems (including condensers, radiators, etc.), stamping part battery cases (steel plate rolling and aluminum alloy profiles), safety systems, auto body structures and covering parts, stamping/rolling parts, chassis and suspension systems, electrical and electronic systems, HVAC and thermal management systems, interior and functional parts, other auxiliary systems, braking systems, stamping parts, injection-molded parts, die-cast parts, and wiring harnesses. Scan the QR code for conference details. According to documents disclosed by the BOI, Changan has clearly committed to increasing the localization rate of its supply chain: 65% of parts will be sourced from Thailand in 2025, and this figure will reach 80% by 2028. To this end, the company is collaborating with educational institutions such as King Mongkut's Institute of Technology Ladkrabang through the BOI platform to jointly cultivate automotive engineering and technical talents, and plans to involve local parts companies in R&D cooperation. The Secretary General of the BOI in Thailand revealed that Changan's regional headquarters will be relocated from Chongqing to Thailand to oversee and manage business operations in the Asia-Pacific region. This decision aligns with the Thai government's "30@30" EV industry policy, a national strategy aimed at achieving a 30% share of EV production by 2030. The government will provide preferential policy support, such as tax incentives, for technological R&D. Dual Considerations: Market Positioning and Industrial Upgrading As a base dedicated to producing right-hand drive car models, Changan's Thailand factory will not only supply the Thai market but also cover right-hand drive countries in the Asia-Pacific region, including Malaysia, Indonesia, and Australia. BOI data indicates that the annual demand for right-hand drive vehicles in the ASEAN region exceeds 3 million units, yet the existing EV capacity accounts for less than 5%. Changan's entry will fill the gaps in the regional industry chain and support Thailand's transition to a modern automotive industrial system. · Conference Name: 2025 SMM Southeast Asia (Thailand) 2nd Automotive Supply Chain Conference · Venue: Hyatt Regency Bangkok Suvarnabhumi, Bangkok, Thailand · Date: June 16-17, 2025 List of Participating Enterprises for Automakers' Parts Demand Matching Participating Enterprises: 1. Aion Automobile Manufacturing (Thailand) Co., Ltd. 2. Changan Automobile Southeast Asia Business Unit 3. BYD Auto Thailand Co., Ltd. 4. To be determined 5. Omoda & Jetour (Thailand) Co., Ltd. 6. Joyson Safety Systems (Thailand) Demand Information: Battery cells, carpets, bumpers, roofs, tires/wheel hubs, automotive glass, battery cases, HVAC systems (including condensers, radiators, etc.), stamped battery cases (steel plate roll forming and aluminum alloy profiles), safety systems, auto body structures and covering parts, stamped/roll-formed parts, chassis and suspension systems, electrical and electronic systems, HVAC and thermal management systems, interior and functional parts, other auxiliary systems, braking systems, stamping parts, injection-molded parts, die-cast parts, and wiring harnesses Scan the QR code to view conference details

SMM Southeast Asia (Thailand) 2nd Automotive Supply Chain Conference • Conference Time: June 16-17, 2025 • Conference Venue: Hyatt Regency Bangkok Suvarnabhumi, Thailand Confirmed List of Key Participating Enterprises Scan the QR code for conference details Scan the QR code for conference details Key Event: Matchmaking for Automakers' Parts Demand Participating Enterprises: 1. Aion Automobile Manufacturing (Thailand) Co., Ltd. 2. Changan Automobile Southeast Asia Business Unit 3. BYD Auto Thailand Co., Ltd. 4. To be determined 5. Omoda & Jetour (Thailand) Co., Ltd. 6. Joyson Safety Systems (Thailand) Demand Information: Battery cells, carpets, bumpers, roofs, tires/wheel hubs, automotive glass, battery cases, HVAC systems (including condensers, radiators, etc.), stamped battery cases (steel plate roll forming and aluminum alloy profiles), safety systems, auto body structures and covering parts, stamped/roll-formed parts, chassis and suspension systems, electrical and electronic systems, HVAC and thermal management systems, interior and functional parts, other auxiliary systems, braking systems, stamped parts, injection-molded parts, die-cast parts, and wire harnesses Scan the QR code for conference details Confirmed Guest Speakers Scan the QR code for conference details Conference Agenda Day 1: June 16 8:00-8:50 Registration and Morning Tea 8:50-9:00 Opening Ceremony, Welcome Address by SMM Leadership 9:00-9:20 Latest Policies in Southeast Asia's Automotive Industry 9:20-9:50 Automotive Brand Building and Differentiation Strategies in Southeast Asia's Market 9:50-10:15 Tea Break 10:15-11:00 Roundtable Discussion: Pathways to Building and Optimizing Localized Supply Chains in Southeast Asia Guest Speakers: Martin Knoss Regional President, Power Solutions Division, ASEAN Market Segment (Passenger Cars, Commercial Vehicles, and Off-Road Vehicles), Robert Bosch Automotive Technology (Thailand) Co., Ltd. Harendra Saksena Chief Procurement Officer, Ather Energy Peter Klöpfer Senior Manager, Rutronik Elektronische Bauelemente GmbH Ma Mingjun General Manager, Joyson Safety Systems (Thailand) Yoshinobu Egawa Head of China Region, SIIX Guan Xin Deputy General Manager, Changan Automobile Southeast Asia Business Unit 11:00-11:45 Roundtable Discussion: Importing into Southeast Asia's Automotive Supply Chain (Services, Pricing, and Local Implementation Possibilities) Moderator: Yi Yanting VP, SMM Information & Technology Co., Ltd. Guest Speakers: Bai He RTM International, a subsidiary of Mitsubishi Corporation Liang Yingzhang Head of Asia Metals & Mining Sustainability, Bloomberg Intelligence Shine Peng Managing Director, Southeast Asia Sales, FedEx Enterprises to be Invited: Thai steel and aluminum enterprises 12:00-13:30 Lunch + Networking Session 13:30-13:50 Keynote Speech by EVAT (Electric Vehicle Association of Thailand) Guest Speaker: Uthane Supatti Assistant Professor, Academic and Human Development Vice President, Electric Vehicle Association of Thailand (EVAT) 13:50-14:35 Roundtable Discussion: Research on Accelerating Electrification and Localization of Core Components in Thailand Guest Speakers: Xu Xiaolong Deputy General Manager, Inovance United Power Systems (Thailand) Co., Ltd. Ross Head of OEM Chip Division Fu Zhibiao Plant Manager, Shanghai Edrive (Thailand) Co., Ltd. Tongkarn Kaewchalermtong Chair, Transport and Logistics Working Group, ASEAN Federation of Engineering Organizations (AFEO) Suphot Sukphisarn Chair, Automotive Parts Industry Association, Federation of Thai Industries; Deputy Secretary General, Thai Automotive Parts Manufacturers Association 14:35-14:55 Silicon Steel for New Energy Motors Guest Speaker: Zhan Lugang Executive Deputy General Manager, Hunan Hongwang New Material Technology Co., Ltd. 14:55-15:20 Tea Break 15:20-16:05 Roundtable Discussion: Charging Pile Infrastructure: Unlocking the Last Mile of Southeast Asia's New Energy Revolution Guest Speakers: Zhao Liming Overseas Sales Director, TELD International Soravis Sithicharoe Head of Venture Capital (Charging Pile Business), Gentrai Enterprises to be Invited: Banpu Next Co., Ltd. PTT Public Company Limited 16:05-16:25 To be determined Guest Speaker: Guangzhou Futures Exchange 16:25-16:45 To be determined 16:45-17:30 Roundtable Discussion: Choosing the Right Model for Investment and Plant Construction in Southeast Asia: Analyzing the Pros and Cons of Joint Ventures and Wholly Owned Subsidiaries Enterprises to be Invited: Tailong United Automobile Co., Ltd. Charoen Pokphand Group Toyota Motor Thailand Co., Ltd. Honda Automobile (Thailand) Co., Ltd. SAIC-CP Automobile Co., Ltd. Foton Motor (Thailand) Co., Ltd. Chinese-funded wholly owned plant construction enterprises 19:00-21:00 Cocktail Reception Day 2: June 17 9:00-9:20 To be determined 9:20-10:05 Roundtable Discussion: How Southeast Asia's Local Supply Chains Can Serve the European and US Markets Guest Speakers: Tuan Vi Vice President, Supply Chain and Logistics, Asia Pacific, Schaeffler Vietnam Co., Ltd. Dr. Mustafa Saed Executive Director of Cybersecurity, Aptiv US Companies to be invited: ZF (Thailand) Co., Ltd. BMW Group Thailand Co., Ltd. Faurecia (Thailand) Automotive Seating and Interior Systems Co., Ltd. Mercedes-Benz (Thailand) Co., Ltd. 10:05-10:30 Tea Break 10:30-11:15 Roundtable Forum: Battery Materials Supply Chain - Possibility of Southeast Asia Linkage in Battery Cell Chemical Materials Guest Speakers: Tony General Manager, SEVB (Thailand) Co., Ltd. Liu Rui Chairman, Innoway (Malaysia) New Material Technology Co., Ltd. Kim Chang-seok Sales Director for Japan, South Korea, and Southeast Asia, Electrolyte Business Unit, Tinci Materials Yang Shuzhan Deputy General Manager of BTR Group, Chairman of BTR Indonesia, BTR New Material Group Co., Ltd. Companies to be invited: Cathode Material Manufacturers Battery Manufacturers 11:15-11:35 Speech to be confirmed 11:35-13:00 Lunch + Networking Session 13:30-17:30 Automakers' Parts Demand Matchmaking Meeting Participating Companies: 1. Aion Automobile Manufacturing (Thailand) Co., Ltd. 2. Changan Automobile Southeast Asia Business Unit 3. BYD Auto Thailand Co., Ltd. 4. To be confirmed 5. Omoda & Jetour (Thailand) Co., Ltd. 6. Joyson Safety Systems (Thailand) Demand Information: Battery cells, carpets, bumpers, roofs, tires/wheel hubs, automotive glass, battery cases, air conditioning systems (HVAC, condensers, radiators, etc.), stamped battery cases (steel plate rolling and aluminum alloy profiles), safety systems, auto body structures and covering parts, stamped/rolled parts, chassis and suspension systems, electrical and electronic systems, air conditioning and thermal management systems, interior and functional parts, other auxiliary systems, braking systems, stamped parts, injection-molded parts, die-cast parts, and wire harnesses. Scan the QR code to view meeting details

On April 18th, at the AICE 2025 SMM (20th) Aluminum Industry Conference & Aluminum Industry Expo - Global Secondary Aluminum Industry Development Forum , hosted by SMM Information & Technology Co., Ltd. (SMM), SMM Metal Exchange Center, and Shandong Aisi Information Technology Co., Ltd., and co-organized by Zhongyifeng Jinyi (Suzhou) Technology Co., Ltd. and Lezhi County Qianrun Investment Promotion Service Co., Ltd., WENCESLAO MANZANO HERNANDEZ, President of DIMEXA HOLDINGS PTE. LTD., provided an interpretation of Mexico's export policies for secondary metals. Mexico: A Key Trading Partner Mexico is a crucial participant in the global economy, with a Gross Domestic Product (GDP) of $1.79 trillion, making it the world's 12th largest economy. In 2024, Mexico's total trade volume with the US reached $843 billion, becoming the largest trading partner of the US, surpassing Canada and China. In the same year, Mexico's total trade volume with China reached $100 billion. Mexico has the largest number of free trade agreements, with 13 agreements covering at least 50 countries. Main Products Exported by Mexico Automobiles and automotive parts, electronics and electrical equipment, machinery and industrial equipment, mineral fuels and oil, and agricultural products, among others. US-Mexico Trade Relations In 2018, the US imposed tariffs under "Section 232" on steel (with a 25% tariff) and aluminum (with a 10% tariff) imported from multiple countries, including Mexico. ・This raised concerns about damage to the integrated supply chain, particularly in the automotive industry. ・In 2019, the US agreed to remove the "Section 232" tariffs on steel and aluminum imported from Mexico and Canada. ・Part of the purpose of this decision was to facilitate the ratification of the United States-Mexico-Canada Agreement (USMCA). Aluminum Scrap Market ・Mexico exports aluminum scrap to multiple destinations worldwide. ・Single-alloy scrap is mainly exported to the US, Brazil, and Europe. For example, scrap of grades 5052, 6,016, 5,081, 3003, etc. ・Most casting alloys are consumed within Mexico's domestic automotive industry, with only a small amount exported. For example, casting alloys of grades A380, AC12, etc. ・Some other mixed-grade aluminum scrap is exported to Asia. For example, Taint Tabor, aluminum radiators. Copper Scrap Market ・China is by far the largest consumer of copper scrap. ・There is also domestic demand in the US for some higher-grade copper scrap. ・Mexico does not import copper scrap from the US; if copper scrap is imported from the US to Mexico, a 16% VAT is required. Opportunities for Mexico in the Non-Ferrous Metals Market ・Production Growth and Rising Demand. Mexico's expanding manufacturing sector (automotive, electronics) drives production and demand for recycled non-ferrous metals. ・Proximity to the US: Close trade ties with the US facilitate scrap metal trade. ・Increased Recycling Awareness: Growing concerns over environmental issues drive recycling efforts. ・Investment in Advanced Recycling Technologies: In Mexico, there is a growing demand and opportunity to invest in modern technologies for sorting, processing, and refining non-ferrous metal scrap. ・Development of Specialized Recycling Processes: With the growth of industries such as electronics and renewable energy in Mexico, there are opportunities to develop specialized recycling processes for specific non-ferrous metals. For example, recycling of batteries and electronic waste. Challenges for Mexico in the Non-Ferrous Metals Market ・Market Volatility: Similar to global commodities, prices of non-ferrous metals can be volatile, affecting profitability. The Mexican market is guided by the London Metal Exchange but is also influenced by the Chicago Metal Exchange and Midwest Premium in the US. ・Logistics and Infrastructure: Mexico's domestic infrastructure varies, and there are logistical bottlenecks that complicate the collection, processing, and transportation of scrap. ・Regulatory Issues: Evolving or unclear regulations regarding scrap handling, import/export, and environmental compliance can create uncertainty and increase operational costs. ・Quality and Sorting: Ensuring scrap quality and proper sorting is challenging, especially in finding qualified labor. ・Competition: The market may face competition from both domestic and overseas participants, including established recycling companies and the informal sector. ・Economic Uncertainty: Mexico's overall economic conditions, including currency fluctuations and potential economic slowdowns, may affect demand and investment in the industry. ・Safety Concerns: In some regions, safety issues and organized crime may pose risks to companies involved in the collection and transportation of valuable non-ferrous metals. Importance of Establishing Partnerships ・Navigating Regulations and Bureaucracy: Mexico's regulatory environment is complex. Local partners are often more familiar with the rules, licensing requirements, and procedures, which can help streamline business operations and ensure compliance. • Establishing a Local Network: Building partnerships can provide connections to existing networks of suppliers, buyers, and other industry participants. This is crucial for sourcing scrap, selling processed metals, and establishing solid business relationships. DIMEXA Dimexa is a leading company in Mexico specializing in the management of industrial and post-consumer non-ferrous metal scrap. With 40 years of experience in the market, Dimexa currently sells 300,000 mt of non-ferrous metal scrap annually. • Scrap Metal Management: Dimexa offers comprehensive services, including the collection, processing, and sale of scrap. • National Presence: Dimexa operates 17 scrap recycling yards across Mexico. • Logistics Capabilities: Dimexa has a large fleet of vehicles and containers for efficient collection and delivery of materials. It currently handles an average of 1,000 containers per month. • Focus on Compliance: The company emphasizes adherence to environmental regulations and holds all necessary permits to operate across Mexico. • Market Reach: Dimexa has over 35 years of experience selling to the Chinese market and other international markets. 》Click to view the special report on AICE 2025 SMM (20th) Aluminum Conference & Aluminum Industry Expo

On April 24, at the CCIE 2025 SMM (20th) Copper Industry Conference & Copper Industry Expo - Secondary Copper Industry Green Development Forum, Zhang Junbing, Director of the Secondary Copper Business Department of Zhejiang Hailiang Co., Ltd., elaborated on the downstream consumption status of secondary copper in China.

AICE 2025 SMM (20th) Aluminum Industry Conference and Expo is one of the most influential events in China's aluminum industry and will be grandly held at Suzhou International Expo Center from April 16-18, 2025 . This exhibition is not only an annual event for the aluminum industry but also serves as a high-quality platform that gathers global leading enterprises, experts, scholars, and industry elites, focusing on high-level dialogues, industry exchanges, and product showcases. AICE 2025 focuses on hot topics in the global aluminum industry, deeply explores cutting-edge technologies and trends in aluminum industry development, and showcases and exchanges the latest research achievements and practical experiences in upstream aluminum, aluminum rolling - aluminum plate/sheet, strip and foil, aluminum extrusion - tubes, rods, wires, and profiles, recycling and die-casting, aluminum melting and casting equipment, and auxiliary materials . Click to Register At this Aluminum Industry Conference and Expo, Jiangsu Alcha Aluminium Group Co., Ltd. will attend and exchange with the latest products and practical experiences, working with industry peers to create an innovative, high-quality, efficient, and sustainable aluminum industry chain, promoting new leaps in the aluminum industry. AICE 2025 SMM (20th) Aluminum Industry Conference and Expo will discuss, build, and share with global elites, empowering the entire aluminum industry chain. AICE 2025 will leverage the organizer's influence to integrate industry, academia, and research, stimulating innovation in the aluminum industry, driving industry development and progress, and contributing to the prosperity and success of the aluminum industry. We look forward to meeting you on-site! Jiangsu Alcha Aluminium Group Co., Ltd. Exhibitor Number: A11 Innovation as the Foundation, Excellence as the Soul Jiangsu Alcha Aluminium Group Co., Ltd. is located in Changshu City, Jiangsu Province, with a registered capital of 1.033 billion yuan and a stock code: 002160. It is a state-controlled advanced manufacturing enterprise integrating new materials and precision machinery manufacturing, providing comprehensive solutions for various heat transfer systems. The company's new materials business segment offers various aluminum foils and aluminum plates/sheets, widely used in household/commercial air conditioning systems, automotive heat exchange systems, NEV power batteries, cooling systems, and other fields. The precision machinery manufacturing segment mainly provides thin-walled precision high-frequency welded tubes for automobiles, precision stamping parts, NEV battery casings (blade batteries), heat exchanger cores for passenger vehicles, and heat exchangers for commercial vehicles and engineering machinery, widely used in internal combustion engine radiators, NEV batteries, automotive heat exchange systems, air conditioning systems, construction, heavy-duty commercial vehicles, light-duty commercial vehicles, and agricultural machinery markets. Currently, the company has 9 wholly-owned subsidiaries and 4 equity-holding companies. The group's business spans over 40 countries and regions, with technology, products, and services highly recognized and trusted by customers. Since its listing, sales revenue has tripled, net profit has quintupled, asset scale has increased sevenfold, and net assets have grown tenfold, becoming a microcosm of manufacturing enterprises pursuing the Chinese Dream. In the future, Alcha Aluminium will continue to steadfastly follow the path of high-quality development, remain true to its original aspirations, and forge ahead. On the basis of refining and optimizing its main business, it will seek progress while maintaining stability, seize opportunities amidst changes, actively extend to the lower end of the industry chain, continuously provide diversified products and value-added services to customers, and strive to become an industry pioneer under the guidance of continuous innovation and creating value for customers, advancing steadily towards becoming a world-renowned company.

As a key automotive manufacturing and consumer market in Southeast Asia, Thailand has actively promoted the development of its EV industry in recent years by formulating a series of industrial development plans, aiming to secure a position in the global EV transformation wave. In 2021, the Thai government introduced the "30·30 Policy," targeting zero-emission vehicles (ZEVs) to account for 30% of the country's total automotive production by 2030. By the end of 2024, the number of public EV charging stations in Thailand had grown to approximately 3,429, establishing a preliminary charging infrastructure network covering major regions nationwide, providing strong support for EV adoption. Against this backdrop, the SMM 2nd Southeast Asia Automotive Supply Chain Conference, hosted by SMM, will be held in Bangkok from June 16 to 17, 2025. Industry leaders are invited to jointly explore these challenges and opportunities and collaborate to drive the prosperity and development of the Southeast Asian and global automotive industries. Scan the QR code for conference details. 1. Why Thailand? Policy Incentives and Market Potential The Thai government has rolled out the "30·30 Policy" (30% ZEVs by 2030) and EV3.5 incentives (subsidies, tariff reductions, etc., from 2024 to 2027), offering tax benefits and subsidies to Chinese automakers, such as up to 100,000 baht (approx. 20,000 yuan) per EV. Thailand's NEV penetration rate is expected to reach 12% in 2025, surpassing the 10% tipping point and entering a phase of explosive growth, indicating vast market potential. Supply Chain and Geographic Advantages Thailand boasts Southeast Asia's most mature automotive supply chain, with over 700 parts suppliers and 500,000 employees, earning it the nickname "Detroit of Asia," enabling automakers to quickly establish factories and reduce costs. Its strategic location connects ASEAN markets, and under the RCEP agreement, it provides tariff-free access to a region of 660 million people, including exports to Australia and the Middle East. Opportunities Amid Japanese Dominance Japanese brands have long held over 70% of Thailand's market share but lag in electrification, creating an opening for Chinese automakers. By 2024, Japanese brands' share had dropped to 78%, while Chinese brands rose from 5% to 11%. 2. Core Advantages of Chinese Automakers EV Technology Leadership and Cost Advantages Chinese NEVs outperform Japanese ICE vehicles in battery technology, smart features (e.g., discharge function), and driving range. Models like BYD Dolphin and GAC Aion are favored by Thai consumers for their affordability and functionality. Rapid Localization Capabilities Chinese automakers are accelerating local production in Thailand, such as BYD (annual capacity: 150,000 units), GAC Aion (50,000 units), and Great Wall (80,000 units), while committing to 40% local parts usage to meet Thailand's supply chain localization requirements. They have introduced right-hand-drive models and adapted pickup trucks and MPVs for Southeast Asian preferences. Recent trends at Thai auto shows highlight Chinese brands launching pickup truck lineups tailored to the region. Ecosystem Integration and Brand Synergy Chinese automakers are not only setting up production but also building charging networks (e.g., GAC plans 200 supercharging stations in Thailand by 2027), battery service centers, and mobility services (e.g., partnerships with Grab), creating a full life-cycle service ecosystem. Through acquisitions (e.g., MG, Volvo) or local dealer collaborations, they are rapidly establishing sales and after-sales channels to address brand recognition gaps. 3. Challenges and Pathways to Surpass Countering Japanese Automakers' Response Japanese brands are reinforcing their market position with financial tools (zero-down-payment loans, used-car value retention strategies) and leveraging political influence to pressure Chinese automakers to raise prices. Chinese players must enhance local financial services, such as flexible loan schemes with Thai banks. Avoiding the "Price War Trap" Thai consumers are price-sensitive, but excessive price cuts risk triggering used-car depreciation disputes (e.g., complaints over BYD ATTO 3 price reductions). Balancing market expansion and brand value is critical. Additionally, improving product image is essential. Japanese brands have dominated Thailand for decades through sustained marketing and cultural influence, associating their products with "high quality," "innovation," and "premium." Chinese brands must overcome this bias and build a positive brand image—a long-term endeavor. Avoiding the fate of Chinese motorcycles in Thailand requires prioritizing quality over low-price competition. Long-Term Commitment and Cultural Integration Japanese automakers have operated in Thailand for decades, with deep rural penetration. Chinese players must focus on local talent development and cultural adaptation, such as aligning workplace practices (e.g., Thailand's "jai yen yen" ethos contrasts with China's overtime and cut-throat competition). The competition between Chinese and Japanese automakers in Southeast Asia reflects two development models: Japanese reliance on ICE-era supply chain inertia versus Chinese advantages in EV technology and policy synergy. Thai auto shows demonstrate Chinese strengths in product, price, and ecosystem, but surpassing Japanese brands requires breakthroughs in technical standards, brand value, and localization depth. Future success hinges on deeper localization, a complete production-to-service ecosystem, and balancing price competition with brand value to transition from "substitute" to "leader." Over the next five years, Southeast Asia may serve as a "testing ground" for Chinese automotive globalization, offering lessons for entering European and US markets. Conference Agenda DAY 1 08:00-08:50 Registration & Morning Tea 08:50-09:00 Opening Ceremony, Welcome Speech by SMM Leadership 09:00-09:20 Latest Policies in Southeast Asia's Automotive Industry 09:20-09:50 Brand Building and Differentiation Strategies in Southeast Asia 09:50-10:15 Tea Break 10:15-11:15 Panel Discussion: Construction and Optimization of Localized Supply Chains in Southeast Asia Guest Speakers: · Martin Knoss, Regional President, ASEAN Market Segment for Passenger Cars, Commercial Vehicles, and Off-Road Vehicles, Powertrain Solutions Division, Robert Bosch Automotive Technology (Thailand) Co., Ltd. · Harendra Saksena, Chief Procurement Officer, Ather Energy · Peter Klöpfer, Senior Manager, Rutronik · Ming Ma, General Manager, Joyson Safety Systems (Thailand) · Yoshinobu Egawa, China Region Head, SIIX · Xin Guan, Deputy General Manager, Changan Automobile Southeast Asia Co., Ltd. 11:15-12:00 Panel Discussion: Southeast Asia Automotive Supply Chain—Imports (Services, Pricing, and Localization Feasibility) Moderator: Yanting Yi, VP, SMM Information & Technology Co., Ltd. Invited Companies: Baosteel Thailand, Shougang Group, Lizhong Group, Delta Aluminum Co., Ltd., Anhui Xinbo 12:00-13:30 Lunch + Networking 13:30-14:15 Panel Discussion: Thailand's Electrification and Core Component Localization Progress Guest Speakers: · Xiaolong Xu, Deputy General Manager, Inovance United Power System (Thailand) Co., Ltd. · Ross, OEM Chip Lead (Anonymous) Invited Companies: Shanghai Edrive, SVOLT Energy Technology, Gotion High-tech, BOI, Thai Automotive Association 14:15-14:45 Silicon Steel for NEV Motors Guest Speaker: Hunan Hongwang New Material Technology Co., Ltd. 14:45-15:10 Tea Break 15:00-15:55 Panel Discussion: "Charging Pile Infrastructure: Unlocking the Last Mile of Southeast Asia's NEV Revolution" Guest Speakers: · Liming Zhao, Overseas Sales Director, Teld Southeast Asia · Soravis Sithicharoe, Venture Capital Lead (Charging Pile Business), Gentari 15:55-16:25 TBD Session Guest Speaker: GFEX 16:25-17:10 Panel Discussion: Southeast Asia Investment Models: Pros and Cons of Joint Ventures vs. Wholly Owned Subsidiaries Invited Companies: Thairung, CP Group, Toyota, Honda, SAIC MG, Foton, Chinese Wholly Owned Enterprises 17:10-17:40 TBD Session 19:00-21:00 Cocktail Dinner DAY 2 09:00-09:30 TBD Session 09:30-10:20 Panel Discussion: Global Market Order Logic for Southeast Asia's Local Supply Chains Invited Companies: ZF Asia Pacific, BMW Asia Pacific, Faurecia Asia Pacific, Mercedes-Benz Asia Pacific 10:20-10:45 Tea Break 10:45-11:35 Panel Discussion: Battery Materials Supply Chain—Cell Chemistry and Southeast Asia Synergy Potential Guest Speakers: · Tony, General Manager, Sunwoda EVB Technology (Thailand) Co., Ltd. · Rui Liu, Chairman, Innovia (Malaysia) New Material Technology Co., Ltd. · Changseok Kim, Sales Director, Japan & South Korea & Southeast Asia, Electrolyte Division, Tinci Invited Companies: Anode/Cathode Material Suppliers, Battery Manufacturers 11:35-13:00 Lunch + Networking 13:30-17:30 Automaker-Parts Supplier Matchmaking Session Scan the QR code for conference details. Sneak Peek: Top Automakers' Parts Demand GAC Aion Procurement Needs: Battery cells, carpets, bumpers, headliners, tires/wheel hubs, automotive glass Joyson Safety Procurement Needs: Stamping parts, injection-molded parts, die-cast parts, wiring harnesses Automaker No. 2 Procurement Needs: Battery enclosures, HVAC systems (condensers, radiators, etc.), stamped/rolled battery casings (steel plate and aluminum profiles) Automaker No. 3 Procurement Needs: Safety systems, body structures and panels, stamped/rolled parts, chassis and suspension systems, electrical and electronic systems, HVAC and thermal management systems, interior and functional parts, auxiliary systems, braking systems Scan the QR code for conference details. Speaker Lineup Confirmed Guest Speakers More to be announced... Previous Guest Speakers Scan the QR code to view conference details Exhibitor Recommendation Xinan Technology Booth No. A07 Main Products: Aluminum alloy parts for turbochargers; aluminum alloy casings for gearboxes and reducers; hydrogen fuel cell motor casings; inverter casings Press Metal International Booth No. A09 Main Products: Production and processing of aluminum extrusion products for multiple industrial fields, including automotive lightweighting, energy systems, and 3C electronics Hongwang Booth No. A05 Main Products: Non-oriented silicon steel Benda Booth No. A03 Main Products: Die-casting products, aluminum alloy casting molds Scan the QR code to view conference details Scan the QR code to view conference details Conference Information Special Supporter GAC Aion Changan Automobile Conference Name: 2025 SMM 2nd Southeast Asia Automotive Supply Chain Conference Conference Date: June 16-17 Conference Venue: Hyatt Regency Bangkok Suvarnabhumi, Bangkok, Thailand Scan the QR code to view conference details