On May 8, scientists at King's College London in the UK developed a powerful new-type aluminum compound whose unique triangular structure endows it with extraordinary stability and reactivity, enabling it to replace expensive rare metals and thereby significantly reduce costs. This discovery is expected to give rise to more environmentally friendly and economical industrial processes, and even create entirely new materials. The related findings were published in the latest issue of *Nature Communications*.

The minutes of Tianhe Magnetics' investor briefing held on May 7 showed: 1. What is the trend in the revenue share of the NEV business, and how is the recovery in wind power, consumer electronics, and other segments? Tianhe Magnetics responded: Hello, thank you for your attention! The company's products are widely used in NEVs and parts, wind power, energy-efficient home appliances, consumer electronics, and other fields. Its clients are all industry leaders, and the company has been deeply integrated into the core supply chains of top-tier players in and outside China. During the reporting period, NEVs and parts remained the downstream segment with the highest share; wind power and consumer electronics segments recovered and grew YoY. The company adheres to a diversified strategy, deepens strategic cooperation with clients, strengthens client loyalty, and continues to expand downstream applications to support steady business growth. 2. What is the specific progress of "small-batch delivery" of dedicated magnets for humanoid robots, and what is the expected revenue contribution? Tianhe Magnetics responded: Hello, thank you for your attention! In the humanoid robot field, the company works closely with relevant clients to jointly conduct R&D and trial production of related projects. The specific revenue contribution is directly linked to the promotion and application progress of humanoid robots. 3. Against the backdrop of tightening rare earth export controls, how can the sustainability of the 44% ex-China business be ensured? Tianhe Magnetics responded: Hello, thank you for your attention! The company coordinates and obtains export licenses from the Ministry of Commerce in an orderly manner based on client orders to ensure the smooth and sustained operation of its export business. At the same time, the company actively expands markets outside China, deepens engagement with existing clients and develops new clients, increases efforts in developing zero-heavy-rare-earth products, and scales up product exports to ensure steady growth in ex-China performance. Tianhe Magnetics' Q1 2026 report disclosed on April 28 showed: the company achieved total operating revenue of 594 million yuan, up 13.12% YoY; net profit attributable to the parent company was 47.873 million yuan, up 33.41% YoY. Tianhe Magnetics' Q1 report showed: raw material prices remained at high levels, and selling prices of some sales orders were raised, which in turn affected related profit indicators. Tianhe Magnetics' annual report showed: 2025 was the inaugural year of Tianhe Magnetics' entry into the capital market, and the company embarked on a new phase of high-quality development. Positioned at the forefront of the industry, amid the trend of high-end, intelligent, and green development in the rare earth industry, the company anchored on technological innovation and intelligent management as its core, deepened collaborative partnerships with clients, continuously optimized its supply chain layout, steadily released capacity from IPO-funded projects, and progressively implemented automated production line upgrades and green process improvements. Meanwhile, the company actively expanded its product portfolio and industrial reach into injection-molded magnets, bonded magnets, and magnetic assemblies to provide clients with comprehensive rare earth permanent magnet solutions. In addition, the company accelerated its positioning in emerging sectors such as humanoid robots and the low-altitude economy to build momentum for long-term growth. In 2025, the company achieved operating revenue of 2.346 billion yuan, down 9.47% YoY, total profit of 170.908 million yuan, up 18.81% YoY, and net profit of 161.161 million yuan, up 18.43% YoY. In its annual report, when introducing its main business, products, and application fields, Tianhe Magnetics stated: The company is a leading high performance rare earth permanent magnet material provider in China. With the corporate vision of "being a leader in permanent magnet material innovation," the company is primarily engaged in the R&D, production, and sales of high performance rare earth permanent magnet materials such as sintered NdFeB and sintered SmCo, while extending its industrial reach into injection-molded magnets, bonded magnets, and magnetic assemblies to provide clients with comprehensive rare earth permanent magnet solutions. With independent R&D and technological innovation at its core, and guided by the application scenarios and development needs of downstream cutting-edge fields such as NEVs and auto parts, wind power generation, intelligent manufacturing, and 3C consumer electronics, as well as emerging industries such as humanoid robots and the low-altitude economy, the company effectively leverages the fundamental and pioneering role of rare earth permanent magnets as key strategic materials, continuously advancing the innovation and application of high performance, resource-efficient rare earth permanent magnet materials to drive downstream technological innovation, product upgrades, and industrial transformation. Regarding the company's business plan, Tianhe Magnetics stated in its annual report: 2026 is the second year since Tianhe Magnetics' listing and the opening year of the 15th Five-Year Plan. Standing at a new starting point, the company adopts "innovation" as its annual development theme, upholds the philosophy of "breaking conventions and embracing change," and continues to deepen its presence in the high performance rare earth permanent magnet material field. Leveraging its two rare earth bases in Baotou, the company plans to focus on core technology upgrades and high-end market expansion both in and outside China, seize the strategic opportunities of the global energy transition and intelligent development, and drive "development" through "innovation." Under the leadership of the board of directors, the company plans to further integrate resources, leverage its strengths, and systematically advance various initiatives around its business objectives to ensure high-quality and sustainable development. In 2026, the company plans to focus on the following initiatives: 1. With "innovation" at the core, continuously strengthen R&D investment and drive product and technology upgrades. 2. Pursue new frontiers: focus on expanding new products, new clients, and new markets. 3. Continuously strengthen production and quality management to improve yield and turnover efficiency. 4. Deepen the construction of digital smart factories to continuously enhance production efficiency. 5. Steadily advance IPO-funded and new project construction to expand capacity and support performance growth. (1) Continue to advance IPO-funded project construction. In 2026, the company plans to continue advancing the implementation of IPO-funded projects as planned. Upon full production, the company will reach an annual capacity of 12,300 mt. The company plans to continuously improve manufacturing efficiency through automated production line upgrades, digital management system deployment, and green production process transformation, ensuring capacity alignment across all stages from blank production to finished product inspection, and laying a solid foundation for performance growth. (2) Advance the Tianhe New Materials project construction. The Phase I of the "Tianhe New Materials Rare Earth Zero-Carbon Industrial Park (High Performance Rare Earth Permanent Magnets and Assemblies, Equipment Manufacturing and R&D Project)" invested and constructed by the company's subsidiary Tianhe New Materials has been launched. Upon completion, the project will further expand the business scale and enhance the company's overall profitability, market competitiveness, and risk resilience. 6. Enhance intelligent equipment manufacturing capabilities and cultivate new growth drivers. 7. Management empowerment: continuously strengthen organizational and talent development. 8. Continue to improve ESG efforts and promote sustainable development. 9. Strengthen investor relations and market capitalization management to drive sustained enhancement of company value. When disclosing the risk of raw material price fluctuations, Tianhe Magnetics stated: The main raw materials required for the company's production are rare earth metals, which are relatively expensive and subject to notable fluctuations due to multiple factors including macro economy, trade environment, industrial policies, and market supply and demand. Although rare earth permanent magnet material enterprises can dynamically adjust product selling prices based on factors such as raw material price changes, some existing order prices are locked in, and price adjustments for new orders also involve negotiation cycles, so product price adjustments typically lag behind raw material price fluctuations. If raw material prices continue to swing wildly in the future and the company fails to respond in a timely and effective manner, it may adversely affect business performance. Countermeasures: To address this risk, the company continuously strengthens supply chain management, signs long-term agreements with major suppliers to establish stable partnerships, and implements a scientific raw material reserve strategy to smooth out the impact of price fluctuations. A review of the 2025 price performance of Pr-Nd alloy, a key raw material for NdFeB, showed: the average price of Pr-Nd alloy on December 31, 2025 was 735,000 yuan/mt, up 50.31% compared with its average price of 489,000 yuan/mt on December 31, 2024. The annual daily average price of Pr-Nd alloy in 2025 was 602,181.07 yuan/mt, up 117,476.52 yuan/mt or 24.24% YoY compared with the annual daily average price of 484,704.55 yuan/mt in 2024. A review of the price trend of Pr-Nd alloy in Q1 this year showed: the average price of Pr-Nd alloy on March 31 this year was 880,000 yuan/mt, up 145,000 yuan/mt or 19.73% compared with its average price of 735,000 yuan/mt on December 31, 2025. The daily average price of Pr-Nd alloy in Q1 this year was 913,035.71 yuan/mt, up 385,018.17 yuan/mt or 72.92% compared with the Q1 2025 daily average price of 528,017.54 yuan/mt. On May 8, the price of Pr-Nd alloy was 925,000–930,000 yuan/mt, with an average price of 927,500 yuan/mt, down 0.8% from the previous trading day. Currently, rare earth market prices continue to weaken. Pr-Nd market, downstream purchasing inquiries showed no improvement, and suppliers of oxides maintained a low-price selling strategy to facilitate shipments. However, Pr-Nd oxide futures prices recovered somewhat on the morning of May 8, narrowing the price decline of Pr-Nd oxide. Metal market, constrained by sluggish downstream inquiries, factories showed limited willingness to actively quote, and some suppliers chose to continue lowering their offers. However, as the decline in spot oxide prices narrowed, the actual decline in Pr-Nd alloy prices also narrowed. Nevertheless, downstream wait-and-see sentiment remained strong, and the market trading atmosphere did not see effective improvement. In the short term, Pr-Nd product prices are expected to move sideways amid the tug-of-war between upstream and downstream players.

On May 14-15, 2026, the SMM WCCE 2026 (4th) Wire & Cable Industry Development Conference and Industrial Exhibition will grandly open at the Suzhou International Conference Hotel, focusing on precise matchmaking across the cable industry chain. With full-chain resource integration and efficient supply-demand matching at its core, the exhibition builds a quality bridge for business negotiations and technical exchanges for industry partners. Rooted in the deep processing of copper-based new materials, focusing on high performance copper semis R&D and high-end copper conductor intelligent manufacturing, Aerospace (Yichang) Copper Technology Co., Ltd. is dedicated to process innovation and quality upgrading. The company will showcase core products including oxygen-free copper, low-oxygen copper, and copper-based alloys at the exhibition, demonstrating hardcore strength with aerospace-grade scientific and technological innovation processes, and joining forces with precision-crafted products to promote industrial synergy and jointly explore new frontiers of high-quality development in the copper semis industry. Aerospace Electric Group Co., Ltd. (hereinafter referred to as "Aerospace Electric") was founded in 1956, with a registered capital of 637 million yuan, total assets of 4.654 billion yuan, and over 1,800 employees, including 2 State Council Special Allowance experts and over 100 professionals with intermediate and senior titles. Products cover new energy power generation cables (wind power, PV); mine flame-retardant cables; rail transit power cables; NEV high-voltage cables and charging piles cables; general rubber-sheathed cables; power cables of 35KV and below; JP cables for aviation, aerospace, and naval vessels; overhead conductors (ground wires); environmental protection wiring; and copper rod and round copper wire for electrical use. On April 29, 2025, Aerospace (Yichang) Copper Technology Co., Ltd. (hereinafter referred to as Aerospace Copper) was established, dedicated to building a leading high performance copper semis manufacturing enterprise in China . The company is located in Baiyang Logistics Park, High-tech Zone, Yichang City, and is controlled by Aerospace Electric Group Co., Ltd. The Phase I project of Aerospace Copper focuses on the copper rod processing sector , specializing in two core products: upward continuous casting oxygen-free copper and continuous casting and rolling low-oxygen copper . Leveraging domestically advanced production lines, the company currently has 69 employees and possesses an annual processing capacity of 120,000 mt of copper rod. Its equipment automation level is industry-leading, with an annual output value exceeding 7 billion yuan. On July 30, 2025, the upward continuous casting production line of Aerospace Copper successfully started production. On August 15, 2025, the upward continuous casting production line successfully produced its first rod. On September 19, 2025, the continuous casting and rolling production line of Aerospace Copper successfully started production. On November 20, 2025, the continuous casting and rolling production line completed trial rod production. On November 23, 2025, the continuous casting and rolling production line officially produced rod. This marked that the Phase I project of Aerospace Copper is about to be fully completed and put into operation. In 2026, Aerospace Copper will gradually advance the construction of its Phase II project, building an entire industry chain encompassing R&D and production of copper conductors and copper-based alloys with cross-sections below 1,000mm² . The target is to achieve annual sales revenue exceeding 10 billion yuan, with completion and commissioning planned for October 2026, injecting strong momentum into the development of the wire and cable industry cluster in the Yijingjing'en metropolitan area. Aerospace Copper adheres to innovation-driven development, engaging in deep cooperation with universities such as Huazhong University of Science and Technology and China Three Gorges University to promote product upgrades and achieve localisation substitution in the copper alloy field. Meanwhile, the company advances intelligent and information-based equipment construction and cultivates high-quality technical talent. The company has established a comprehensive talent development system, providing skills training, dual channels for career advancement, and competitive compensation and benefits, creating a broad development platform for employees. Aerospace (Yichang) Copper Technology Co., Ltd., with quality as its foundation and innovation as its wings, continuously provides high-quality products to clients and co-creates value with partners! May 14-15, 2026, Jiangsu · Suzhou International Conference Hotel . Friends from all sectors are welcome to attend the conference in person and visit the booth of Aerospace (Yichang) Copper Technology Co., Ltd. (E16) to experience up close the technological strength and product appeal of this cable equipment R&D enterprise, explore new cooperation opportunities together, and open a new chapter for the industry. SMM WCCE 2026 (4th) Wire & Cable Industry Development Conference and Industrial Exhibition May 14-15 Jiangsu · Suzhou International Conference Hotel Participating enterprises: Qifan Cable, Kunyi Cable, Senyuan Cable, Sanwu Cable, Huili Cable, Wanma Co., Ltd., Xinhai High Conductivity, Chenfeng Yongliang, Xinhuang Group, Dongwu Futures, Guojia Conductor, Hongxing Meike, Dongfeng Cable, Qijia Industry, Beijing Shougang Ferroalloy, Xinhongye, Yingtan Chaolong, Meichuangli, Jiuli Electric, Xinzi Nengke, Xindongang Electric, Aerospace Electric, Guochu Logistics, Jielüda, Jinhuijia, Xindian Aluminum Alloy, Gangwei Ultrasonic, Jinrui Qianyuan...... Click to View ☛ ｜

On May 14-15, 2026, the SMM WCCE 2026 (4th) Wire & Cable Industry Development Conference and Industrial Exhibition will grandly open at the Suzhou International Conference Hotel, focusing on precise matchmaking across the cable industry chain. With full-chain resource integration and efficient supply-demand matching at its core, the exhibition builds a quality bridge for business negotiation and technical exchange among industry partners. Rooted in the non-ferrous metal deep processing sector and focusing on copper-based new material R&D and high-end metal product intelligent manufacturing, two strong enterprises have been deeply engaged in process innovation and quality upgrading. They will showcase high-end copper-based new materials and precision metal products at the exhibition, demonstrating hardcore strength through scientific and technological innovation, and fostering industrial cooperation through fine craftsmanship and premium products, jointly exploring new frontiers in the non-ferrous metal industry. Luohe Jinpusen Metal Technology Co., Ltd. was established on June 6, 2022, with a registered capital of 66 million yuan. It is a company integrating R&D, manufacturing, sales, and services of metal products. The company's total project investment was 260 million yuan, covering an area of 68 mu with a building area of 18,000 m². Jinpusen emphasizes technological innovation and R&D investment, possessing a professional R&D team and advanced production equipment. In accordance with internationally advanced copper rolling and processing technologies and process standards, the company has implemented the "Annual Production of 80,000 mt Copper Rod and 30,000 mt High-Purity Oxygen-Free Copper Wire Project" and the "Annual Production of 110,000 mt Non-Ferrous Metal Processing Project" . By introducing advanced copper rolling and processing technologies from in and outside China, Jinpusen has continuously improved product quality and performance. With scientific research innovation, process quality, and comprehensive services, the company has earned market recognition and client acclaim. Its products are widely used in military industry, automotive, State Grid Corporation of China, electronics, new energy, smart transportation, and many other fields. Business Scope: Using high copper content Grade 1 copper as raw material, the company is primarily engaged in the technical R&D, manufacturing, and sales of copper metal materials and related products; metal product manufacturing, processing, and sales; manufacturing, processing, and sales of bright low-oxygen copper rod, oxygen-free copper rod, copper busbar, high-precision copper wire, alloy composite copper wire, high-precision copper plate/sheet and strip, and copper pipe & tube; copper metal wire drawing processing, etc. Luohe Yuanheng New Materials Co., Ltd. was established on August 8, 2024, with a registered capital of 50 million yuan. It is a modern enterprise focused on the new materials sector. Yuanheng New Materials has introduced internationally advanced non-ferrous metal rolling and processing production lines, combined with independently developed precision processing techniques, enabling high-precision and high-efficiency rolling and processing of various non-ferrous metal raw materials. Its main products include bright low-oxygen copper rod, oxygen-free copper rod, anode plates, and copper metal wire drawing products, which are widely used in high-end manufacturing fields such as electronic information, aerospace, and new energy. In 2025, the company achieved an annual output value of 5.3 billion yuan, with annual tax payments of 450 million yuan. The output value is expected to reach 7 billion yuan in 2026. Yuanheng New Materials has always upheld the development philosophy of "Innovation, Quality, Green, and Win-Win" , committed to technological innovation and sustainable development. The company will continue to increase investment in R&D and resource recycling, deepen upstream and downstream cooperation, and strive to enhance core competitiveness, facilitating the green, intelligent, and high-end development of the new materials industry. May 14-15, 2026, Jiangsu · Suzhou International Conference Hotel . Friends from all sectors are welcome to attend the conference in person and visit the booths of Luohe Jinpusen Metal Technology Co., Ltd. and Luohe Yuanheng New Materials Co., Ltd. (E27) to experience up close the strength of high-precision copper semis intelligent manufacturing and the innovative charm of high-end new materials, explore new cooperation opportunities, and open a new chapter for the industry together. SMM WCCE 2026 (4th) Wire & Cable Industry Development Conference and Industrial Exhibition May 14-15 Jiangsu · Suzhou International Conference Hotel Participating enterprises: Qifan Cable, Kunyi Cable, Senyuan Cable, Sanwu Cable, Huili Cable, Wanma Co., Ltd., Xinhai High Conductivity, Chenfeng Yongliang, Xinhuang Group, Dongwu Futures, Guojia Conductor, Hongxing Meike, Dongfeng Cable, Qijia Industrial, Beijing Shougang Ferroalloy, Xinhongye, Yingtan Chaolong, Meichuangli, Jiuli Electric, Xinzi Nengke, Xindongang Electric, Aerospace Electric, Guochu Logistics, Jielüda, Jinhuijia, Xindian Aluminum Alloy, Gangwei Ultrasonic, Jinrui Qianyuan... Click to View ☛ ｜

According to the Dalong Development Zone News and Information Center, during the Labour Day holiday, construction sites of major key projects in Dalong Development Zone, Guizhou were bustling with activity and operating at full capacity. At the project site of Guizhou Depu New Materials Technology Co., Ltd.'s 20,000 mt/year lithium-ion anode material project, nearly 60 workers remained at their posts, pushing forward with all construction tasks at full speed. "Currently, the main structures of two factory buildings have been completed. Workshop No. 3 is undergoing accelerated installation of 10 sets of roller mills, 45 sets of reactors, and other core equipment. Workshop No. 4 has completed the installation of roof panels and wall panels, and internal site leveling work is underway. The comprehensive building and the 110KV substation are also under simultaneous construction, with subsequent work to advance the improvement of fire protection facilities and hardening of the factory area roads," said Liu Shaofeng, the company's administrative supervisor. He noted that during the Labour Day holiday, workers strictly controlled project quality and safety, striving to achieve phased trial production by the end of June.

[SMM Vanadium Flash News] In April, Phase I of Jiaozuo Scandium-Vanadium New Materials Industrial Park was officially put into operation, with a total investment of 1.08 billion yuan. Relying on the by-product resources of titanium dioxide, the project has an annual production capacity of 2,500 tons of high-purity vanadium pentoxide + 20,000 cubic meters of vanadium electrolyte, directly supporting long-term energy storage orders. High-purity vanadium is entering the high-end alloy and vanadium battery markets, while the electrolyte has established the industrial chain of "titanium dioxide - vanadium electrolyte - energy storage", significantly increasing the added value of by-products..

[SMM Magnesium Express] On April 28, Wuzhongda Group Joint Stock Company (Wuzhongda) released its 2025 annual report. The report revealed that in the processing of magnesium-aluminum new materials, the full industrial chain layout has achieved positive results. In 2025, this segment achieved operating revenue of 2.787 billion yuan, with a year-on-year increase of 32.59%; total profit reached 222 million yuan, with a year-on-year increase of 66.92%. The report also disclosed that by the end of 2025, its subsidiary Qixin Alloy Materials Co., Ltd. had a primary magnesium production capacity of 73,000 tons, and it is expected that the production capacity will exceed 100,000 tons by the end of 2026, further consolidating its leading position in the primary magnesium smelting industry.

The 2026 SMM Tier1 List was officially unveiled at the banquet of the CLNB 2026 (the 11th New Energy Industry Chain Expo) , organized by Shanghai Metals Market (SMM). This conference, held at Suzhou International Expo Center, China from April 8-10, 2026, served as the premier platform for advancing the global clean energy ecosystem. SMM Global Tier 1 Supplier Rankings In 2022, China's new energy industry chain accelerated its expansion, while overseas automakers and energy storage enterprises saw surging demand for Chinese supply chains. Coupled with information barriers caused by the pandemic, the international market urgently needed an objective and fair benchmark to bridge the two-way needs between Chinese enterprises going global and overseas clients optimizing their supply chains. Leveraging long-term data accumulation and professional research on the entire new energy industry chain, the SMM TIER 1 list emerged to meet this demand and was officially launched for the first time in 2023 . SMM Global Tier 1 Supplier Rankings , launched by SMM , serves as a global benchmark for the new energy industry. Centered on "transparent methodology + independent auditing," it incorporates third-party verification from institutions like Dun & Bradstreet and SGS to establish globally comparable industry standards. After years of refinement, the list now covers 10+ sub-sectors , including energy storage, lithium battery, and PV, etc., gaining widespread recognition from global industry chain clients. It has become a core reference for international market collaboration, serving as both a "golden benchmark" for industrial strength and a vital bridge for global resource alignment. 2026 SMM Global Tier 1 Supplier Rankings (The following enterprises are listed in no particular order) Analyst Views on Energy Storage Battery Cells Utility Storage Flourishes, Chinese Players Dominate BTM (Behind-the-Meter) Storage Storage Unlocks a Second Growth Curve for the Energy Storage Market Fast-Growing Enterprises Make Breakthrough, New and Established Players Jointly Form a Positive Market Landscape Representative Enterprises of Utility Energy Storage Battery Cell Contemporary Amperex Technology Co., Limited BYD Company Limited EVE Energy Co., Ltd. REPT Battero Energy Co., Ltd. Gotion High-tech Co., Ltd. Xiamen Hithium Energy Storage Technology Co., Ltd. CORNEX New Energy Co., Ltd. Zhejiang Narada Power Source Co., Ltd. CALB Technology Group Co., Ltd. Guangzhou Great Power Energy Technology Co., Ltd. SEVB Guangzhou Rongjie Energy Technology Co., Ltd. Jiangxi Ganfeng LiEnergy Technology Co., Ltd. Shenzhen Pengcheng Unlimited New Energy Co., Ltd. Envision Dynamics Technology(Jiangsu) Co., Ltd. SVOLT Energy Technology Co., Ltd. China Automotive New Energy Battery Technology Co., Ltd. Representative Companies for BTM (Behind-the-Meter) Storage Cells REPT Battero Energy Co., Ltd. Guangzhou Great Power Energy Technology Co., Ltd. EVE Energy Co., Ltd. Pylon Technologies Co., Ltd Xiamen Ampace Technology Co., Ltd. Gotion High-tech Co., Ltd. Representatives of Fast-Growing Battery Cell Enterprises Guangzhou Great Power Energy Technology Co., Ltd. Guoke Energy (Chuzhou) Co., Ltd. CORNEX New Energy Co., Ltd. China Automotive New Energy Battery Technology Co., Ltd. Analyst Views on Energy Storage Integration Grid-Forming Technology Consolidates the Foundation of New-Type Power Systems Power Generation and Grid Side Forge the Global Benchmark Echelon for Utility-Scale Energy Storage Integration Expansion of Behind-the-Meter (BTM) Scenarios Pioneer New Growth Space for Distributed Energy Storage Representative Enterprises of Grid-Forming ESS Technology Nanjing NR Electric Co., Ltd. Huawei Digital Power Technologies Co., Ltd. Sungrow Power Supply Co., Ltd. Xiamen Kehua Digital Energy Technology Co., Ltd. Power Generation and Grid-Side ESS Integrators Canadian Solar Inc. Xyz Storage Technology Corp. Ltd. RCT POWER Sungrow Power Supply Co., Ltd. Beijing HyperStrong Technology Co., Ltd. CRRC ZHUZHOU ELECTRIC LOCOMOTIVE RESEARCH INSTITUTE CO.,LTD. Envision Energy Co., Ltd. Risen Energy Co., Ltd. China Electric Equipment Group Energy Storage Technology Co., Ltd Guangzhou Zhiguang Electric Co., Ltd. BYD Energy Storage Co., Ltd. Huawei Digital Power Technologies Co., Ltd. Jinko Solar Co., Ltd. Sieyuan Electric Co., Ltd. Shanghai Robestec Energy Co., Ltd. Contemporary Amperex Technology Co., Limited Nanjing NR Protection Electric Co., Ltd. TrinaSolar Co., Ltd. Behind-the-Meter (BTM) ESS Integrators Weiheng Intelligent Technology Co., Ltd. Shanghai Hoenergy Power Technology Co. Ltd. Xi'an JD Energy Co., Ltd. Huawei Digital Power Technologies Co., Ltd. Fox Ess Co.,Ltd Sungrow Power Supply Co., Ltd. Shanghai Robestec Energy Co., Ltd. Sigenergy Technology Co., Ltd. Xiamen Ampace Technology Co., Ltd. Pylon Technologies Co., Ltd. Suzhou PotisEdge Co., Ltd. Wanbang Digital Energy Co., Ltd. Ningbo Deye Technology Co., Ltd. Shenzhen ATESS Power Technology Co., Ltd. Analyst Viws on PV Industry Technology Leadership, Global Benchmark Full-Chain Layout, Scale-Driven Leadership Inverter Suppliers Sungrow Power Supply Co., Ltd. Huawei Digital Power Technologies Co., Ltd. Zhuzhou CRRC Times Electric Co., Ltd. TBEA Co., Ltd. Shanghai Chint Power Systems Co., Ltd. Ginlong Technologies Co., Ltd. GoodWe Technologies Co., Ltd. Xiamen Kehua Digital Energy Technology Co., Ltd. Shenzhen Kstar Science & Technology Co., Ltd. Shandong Huadian Energy Saving Technology Co., Ltd. Beijing SOJO Electric Co., Ltd. SolaX Power Network Technology (Zhejiang) Co., Ltd. Sigenergy Technology Co., Ltd. PV Module Suppliers LONGi Green Energy Technology Co., Ltd. Jinko Solar Co., Ltd. TrinaSolar Co., Ltd. JA Solar Technology Co., Ltd. Tongwei Co., Ltd. Chint New Energy Technology Co., Ltd. GCL SI Technology Co., Ltd. Hengdian Group DMEGC Magnetics Co., Ltd. Canadian Solar Inc. TCL Zhonghuan Energy Technology (Jiangsu) Co., Ltd. Yingli Solar Energy Development Co., Ltd. Risen Energy Co., Ltd. Shanghai AIKO New Energy Co., Ltd. Suzhou Jolywood Solar Technology Co., Ltd. DAS Solar Energy Technology Co., Ltd. SolarSpace Ningbo Ulica Solar Co., Ltd. ZNShine PV-Tech Co., Ltd. AE Solar Solar Tracker Suppliers Jiangsu Guoqiang Xingsheng Energy Technology Co., Ltd. Arctech Solar Antai New Energy ESET Solar Trina Tracker VG Solar Array Technologies Antai New Energy Versol Solar Hangzhou Huading New Energy Co., Ltd. Analyst Views on Advanced Equipment Battery manufacturing equipment enterprises forge core process for lithium battery mass production Material manufacturing equipment manufacturers build a solid foundation for efficient production across the industry chain Battery Manufacturing Equipment Enterprises Wuxi Lead Intelligent Equipment Co., Ltd. Suzhou Maxwell Technologies Co., Ltd. Shenzhen Yinghe Technology Co., Ltd. Shenzhen S.C New Energy Technology Co., Ltd. Zhejiang Hangke Technology Co., Ltd. Wuxi Autowell Technology Co., Ltd. Guangdong Lyric Robot Automation Co., Ltd. Yingkou Jinchen Machinery Co., Ltd. Shenzhen Colibri Technologies Co., Ltd. Shenzhen Kstar Science & Technology Co., Ltd. Fujian Nebula Electronics Co., Ltd. Mikrouna (Shanghai) Intelligent Technology Ltd. Shenzhen Manst Technology Co., Ltd. Ningde Sike Qi Intelligent Equipment Technology Co., Ltd. Zhejiang Jingsheng Mechanical & Electrical Co., Ltd. Shenzhen Geesun Intelligent Technology Co., Ltd. Material Manufacturing Equipment Enterprises Jiangsu Myande Energy-saving Evaporation Equipment Co., Ltd. Jiangsu Huahong Environmental Protection Equipment Co., Ltd. Hengli Eletek Co.,Ltd Enerpat (Jiangsu) Environmental Co., Ltd. Energy Digital Manufacturing (Xi'an) Technology Co., Ltd EFALI Pump Industry(Guangdong) Co.,Ltd Guangdong Yifu Intelligent Equipment Co., Ltd. Ningbo Kio Flow Instruments Co., Ltd. Shijiazhuang Dingwei Chemical Equipment Engineering Co., Ltd. Gaodao Sealing Technology (Suzhou) Co., Ltd. RIGHTLEDER (Shanghai) Technology Co., Ltd. Guizhou micro-chemical Technology Co., Ltd. Zhongyu (Tianjin) New Energy Technology Co., Ltd. Changzhou Primary Equipment Co., Ltd. Jiangxi RONT Environmental Protection Equipment Co., Ltd. Ningbo Souwest Magnetech Development Co., Ltd. Hebei Yanming Chemical Equipment Co., Ltd. Analyst Views on Iron Phosphate LFP Core Precursor, Cornerstone of the Lithium Battery Industry Chain Ammonium Process for Market Stability, Iron Process for Cost Reduction, Multiple Processes in Parallel Technology Iteration Drives Cost Reduction, Consolidating a Stable Supply Chain Foundation Representative Enterprises of the Ammonium Process Route Guangzhou Tinci Materials Technology Co., Ltd. Guizhou Hention New Energy Materials Co., Ltd. Guizhou Yayou New Materials Co., Ltd. Hubei Xingyou New Energy Technology Co., Ltd. CNGR Advanced Material Co., Ltd. Guizhou Phosphate Chemical New Energy Technology Co., Ltd. Hunan Yacheng New Energy Co., Ltd. Representative Enterprises of the Iron Process Route Shandong Tsaker New Material Co., Ltd. Yuntu New Energy Materials (Jingzhou) Co., Ltd. Tangshan Hengkun New Energy Materials Co., Ltd. Representative Enterprises of the Sodium Process Route Henan Baili New Energy Materials Co., Ltd. Tongling Nayuan Materials Technology Co., Ltd. Analyst Views on LFP The Dominant Material in Both Energy Storage and NEV Markets Leading Across Multiple Technology Routes, Chinese Enterprises Setting Global Benchmarks Supporting the Scaling and High-Quality Development of the New Energy Industry Representative Enterprises of the Iron Phosphate Process Hunan Yuneng New Energy Battery Materials Co., Ltd. Hubei Wanrun New Energy Technology Co., Ltd. Zhejiang Youshan New Material Technology Co., Ltd. Shandong Fengyuan Lithium Energy Technology Co., Ltd. Changzhou Liyuan New Energy Technology (LBM) Co., Ltd. Guizhou Anda Technology Energy Co., Ltd. Hubei Rongtong High-tech Advanced Materials Group Co., Ltd. Gotion High-tech Co., Ltd. Representative Enterprises of Ferrous Oxalate Method Fulin Precision Machining Co., Ltd. Hunan Pengbo New Material Co., Ltd. Representative Enterprises of Liquid-Phase Method Shenzhen Dynanonic Co., Ltd. Representative Enterprises of Iron Oxide Red Method Sichuan GCL Lithium Battery Technology Co., Ltd. Analyst Views in Ternary Cathode Core Material for High-End Power, Accelerating High-Nickel Technology Iteration Deepening Integrated Resource Layout, Leading Global Industry Direction Enabling Long Driving Range and High-End Upgrades for NEVs Representative Enterprises of Ternary Cathode Material Gansu Jinchuan Reshine New Material Co., Ltd. Tianjin B&M Science and Technology Co., Ltd. Ningbo Ronbay New Energy Technology Co., Ltd. Guangdong Brunp Recycling Technology Co., Ltd. Minmetals New Energy Materials (Hunan) Co., Ltd. Tianjin Guoan Mengguli New Materials Science&Technology Co., Ltd. Yibin Libao New Materials Co., Ltd. Analyst Views on Anode Materials Industry Leaders Drive Iteration More New Players Emerge Industry Upgrades Accelerate Anode Material Enterprises Tianmulake Excellent Anode Materials Co., Ltd. Lanxi Zed New Energy Materials Co., Ltd. Anhui Iametal New Energy Technology Co., Ltd. BTR New Material Group Co., Ltd. Shanghai Shanshan Technology Co., Ltd. Shijiazhuang Shangtai Technology Co., Ltd. Guangdong Kaijin New Energy Technology Co., Ltd. Hunan Zhongke Shinzoom Co., Ltd. Jiangxi Zichen Technology Co., Ltd. Shinghwa Advanced Material Technology (Meishan) Co., Ltd. Analyst Views on Solid-State Battery Industry Next-Generation Battery Technology, Semi-Solid-State Mass Production Accelerates Full Supply Chain Matrix Takes Initial Shape, Ushering in a New Era of Diversified Application Scenarios Representative Enterprises of Solid-State Battery Technology Contemporary Amperex Technology Co., Limited Qingtao (Kunshan) Energy Development Group Co., Ltd. Beijing WELION New Energy Technology Co., Ltd. China Automotive New Energy Battery Technology Co., Ltd. Zhejiang FunLithium New Energy Technology Co., Ltd. Hytzer New Energy (Changzhou) Co., Ltd. Representative Enterprises of Solid-State Electrolyte Shanghai Emperor of Cleaning Hi-Tech Co., Ltd. Liyang CASOL Energy Technology Co., Ltd Zhejiang FunLithium New Energy Technology Co., Ltd. LionGo (Changzhou) New Energy Co., Ltd. Guangzhou Tinci Materials Technology Co., Ltd. Analyst Views on Sodium-Ion Battery Industry An Emerging Force in Energy Storage and Low-Speed Mobility, with Prominent Cost Advantages Self-Controlled Entire Industry Chain, Scaled Capacity Release Forging a Globally Leading Sodium-Ion Battery Industry Landscape Representative Enterprises of Sodium-Ion Battery Cells Shanxi Huana Xinneng Technology Co., Ltd. Highstar Sodium Battery (Guangdong) Co., Ltd. Veken Technology.,Ltd. Jiangsu Pylon Battery Co., Ltd. Jiangsu Yingong Technology Co., Ltd. Shuangdeng Group Co., Ltd. Beijing Zhongke Hai Na Technology Co., Ltd. Chaowei Power Group Co., Ltd Representative Enterprises of Sodium-Ion Battery Anode Chengdu Best Technology Co., Ltd. Guangdong Rongna New Energy Technology Co., Ltd. Wuhan Tianna Technology Co., Ltd. Zhuhai Nagan New Energy Technology Co., Ltd. Hunan Nake New Materials Co., Ltd. Representative Enterprises of Sodium-Ion Battery Cathode Materials Ningbo Ronbay New Energy Technology Co., Ltd. Jiangsu Zoolnasm Energy Technology Co., Ltd. Shenzhen Jiana Energy Technology Co., Ltd. Xiamen Xingrong New Energy Technology Development Co., Ltd. Huzhou Yingna New Energy Materials Co., Ltd. Yibin Tianyuan Lithium Battery New Materials Co., Ltd. Anhui Xinna New Materials Technology Co., Ltd. Zhejiang NaTRIUM Energy Co., Ltd. Representative Enterprises of Sodium-Ion Battery Electrolyte Zhuhai Smoothway Electronic Materials Co., Ltd. LionGo (Changzhou) New Energy Co., Ltd. Huzhou Kunlun Power Battery Materials Co., Ltd. Analyst Views on Recycling Industry Core Carrier of Lithium Battery Green Recycling, Key Support for Dual-Carbon Strategy Full Value Chain Taking Shape, Integrated Leaders Driving Closed-Loop Development Facilitating Sustainable Development Across the Full Life Cycle of the Lithium Battery Industry Representative Enterprises in Lithium Battery Recycling Guangdong Brunp Recycling Technology Co., Ltd. Zhejiang Huayou Recycling Technology Co., Ltd. GEM Co., Ltd. Shenzhen Sunwoda Recycled Materials Co., Ltd. Anhui Nandu Huabo New Materials Technology Co., Ltd. Anhui Xunying New Energy Group Co., Ltd. Wuhan Power Battery Regeneration Technology Co., Ltd. Shenzhen Jiecheng New Energy Technology Co., Ltd. Anhui Hengchuangruineng Environmental Protection Technology Group Co., Ltd. Jiujiang Tinci Resource Recycling Technology Co., Ltd. Jiangxi Ganfeng Circular Technology Co., Ltd. Ganzhou Longkai Technology Co., Ltd. Shangrao Huanli Circular Technology Co., Ltd. Ganzhou Tengyuan Cobalt New Materials Co., Ltd. Zhejiang Tianneng New Materials Co., Ltd. Guangdong Fangyuan New Material Group Co., Ltd. Guizhou CNGR New Energy Technology Co., Ltd. Hunan Keyking Recycling Technology Co., Ltd. Shandong Meiduo Technology Co., Ltd. Anhui Nandu Huabo New Materials Technology Co., Ltd. Shanxi Yaxin Green Qingyuan Circular Technology Co., Ltd. Henan Zhongxin New Materials Co., Ltd. At the banquet on the first day of the CLNB 2026 (The 11th New Energy Industry Chain Expo), Zhengyong Huang, Deputy General Manager of the Iron Phosphate Division of Guangzhou Tinci Materials Technology Co., Ltd., and Liang Liu, Deputy General Manager of the Energy Storage Division of REPT Battero Energy Co., Ltd., took the stage to receive the awards on behalf of the award winning enterprises. Shirley Wang, Vice President of SMM, presented awards to the winners! SMM congratulates the above award-winning enterprises and thanks all industry peers for their support!

On April 28, Shenzhen Capchem Technology Co., Ltd. issued an announcement stating that it plans to invest in the construction of an annual 10,000-ton lithium bis(fluorosulfonyl)imide (LiFSI) expansion and renovation project through its holding subsidiary, Hunan Fubang New Materials Co., Ltd., located in the Songmu Economic Development Zone, Shigu District, Hengyang City, Hunan Province. The total investment for the project does not exceed 350 million yuan, with a construction period not exceeding two years. The project will be implemented in two phases, utilizing the existing plant site of Hunan Fubang and adding 55 mu of new land. Phase I involves expansion and renovation within existing plants, with production planned to commence in 2026 and achieve an annual capacity of 3,000 tons.

On April 17, a delegation from SMM Information & Technology Co., Ltd. (SMM), including Ye Jianhua, Director and Supervisor of SMM's Industry Research Department, Feng Chundi, Expert of SMM's Industry Research Institute, and Wu Tao, SMM's Overseas Marketing Manager for Copper and Tin, visited Nanjing Hanrui Cobalt Co., Ltd. for an on-site survey and exchange. The management of Hanrui Cobalt extended a warm reception. During the exchange, the relevant heads of Hanrui Cobalt provided a detailed introduction to the enterprise's development history and overall industrial layout. The two sides engaged in in-depth discussions on practical topics such as cobalt-copper deep processing production and operations, raw material supply assurance, industrial upgrading, competitive landscape in niche segments, and future market trends. They also exchanged experiences and ideas on industrial quality upgrading, industry risk management, and regular information sharing. The meeting was productive and smooth, further deepening mutual understanding and laying a solid foundation for subsequent industry collaboration and bilateral exchanges. Introduction to Nanjing Hanrui Cobalt Co., Ltd. Hanrui Cobalt was founded in 1997 and is headquartered in the Jiangning Development Zone, Nanjing. After nearly three decades of development, it has grown into a multinational group enterprise with 23 subsidiaries, with businesses covering cobalt-copper mine exploration and operation, ore mining, mineral processing, smelting, new energy, new materials, as well as the production and sales of copper-cobalt product series. Group Members Resources Segment ►Mikas Mining Co., Ltd. In 2007, we established the earliest Mikas plant in the DRC. In 2008, the Phase I project of Mikas Mining, comprising cobalt concentrates and crude cobalt carbonate production lines, was completed and put into operation, making it the earliest Chinese-funded enterprise with SX-EW copper-cobalt smelting capabilities in the DRC. ►Hanrui Metal (Congo) Co., Ltd. In 2018, Hanrui invested $229 million to establish Hanrui Metal (Congo) Co., Ltd. in Kolwezi, DRC, covering an area of 750,000 m², with an annual production capacity of 5,000 mt of cobalt hydroxide (in metal content), 50,000 mt of electrodeposition copper, 1,500 mt of refined cobalt, and 50,000 mt of sulphuric acid, ensuring a sufficient resource supply for Hanrui and laying a solid foundation for the company's sustained development. ►PT Hanrui Nickel Industry Indonesia In 2023, Hanrui invested in establishing PT Hanrui Nickel Industry Indonesia on Sulawesi Island, Indonesia, and launched an oxygen-enriched continuous blowing high-grade nickel matte project. The project had a total investment of approximately $350 million, adopting advanced oxygen-enriched continuous side-blowing technology, with an annual production capacity of 20,000 mt of nickel in metal content. PT Hanrui Nickel Industry Indonesia achieved strategic integration between the industry and upstream resources, injecting stable support into the source of the industry chain for Hanrui's core business. New Energy Segment ►Ganzhou Hanrui New Energy Technology Co., Ltd. Ganzhou Hanrui was established in 2017, located in the Ganzhou High-tech Industrial Park, Jiangxi Province, with a total investment of 1.9 billion yuan, covering an area of 678 mu. Focusing on waste battery recycling and new energy materials as its core business, it has an annual production capacity of 5,000 mt of electrodeposition cobalt and 10,000 mt of refined nickel, achieving green, automated, and intelligent production. It represents an important part of Hanrui Group's layout for the development of the entire industry chain in new energy. ►Nanjing Hanrui New Materials Co., Ltd. Hanrui New Materials Co., Ltd. has realized Hanrui's new energy industry layout with raw materials in Indonesia, precursors in Ganzhou, and materials in Nanjing. This complete new energy industry chain, following the reverse manufacturing complete industry chain of Ganzhou new energy, represents another forward manufacturing emerging new energy complete industry chain, which will comprehensively consolidate Hanrui's important position in the new energy sector. Superhard Materials Segment ►Anhui Hanrui New Materials Co., Ltd. Anhui Hanrui focuses on "superhard materials," with a fully automated production line for 5,000 mt of refined cobalt powder, leading globally in both capacity and automation level, with cobalt powder exports leading nationwide. Its sales network has covered 31 countries and regions worldwide, with sales branches established in multiple countries including South Korea, Japan, Germany, Switzerland, Israel, India, and the US. Financial Investment Segment Industry Vision Ø Comprehensively expanding the NEV industry chain: with upstream lithium, copper, cobalt, and nickel resources as the core, expanding downstream into superhard materials, and building a complete industry chain. Ø In the cobalt sub-sector, already possessing two world-leading bases. Ø In the future, each segment will form an industrial group, interdependent yet developing independently. Ø Integrating cost, technology, and market advantages across the industry chain, in parallel with financial advantages, controlling resources upstream and expanding markets downstream, achieving comprehensive development. Committed to pursuing sustainable development, fully building four major segments of ore resources, superhard materials, new energy materials, and financial investment, achieving four-wheel drive with superior core competitiveness and development advantages. Scheduled to be held on September 15-16, 2026 in Lusaka, Zambia. Welcome to participate~ Conference Contact : Wu Tao: 18270916376 jennywu@smm.cn