[Yuntong Zinc Launches Commissioning of 150,000 tpy Smelter with 153㎡ Fluidized Roaster] On the evening of April 30, Yuntong Zinc officially began commissioning of its 153㎡ fluidized bed roaster, a key component of its 150,000 tonnes-per-year zinc smelting project. Construction of the project started in December 2023. As of now, the roasting and sulfuric acid systems are operating smoothly, with stable control of key parameters. Equipment functions remain reliable, and both the feed and discharge systems are running normally. Main products—calcine and sulfuric acid—are being produced as expected.

The Ministry of Commerce held a regular press conference on the afternoon of April 24. Reporter: China and the EU previously agreed to immediately initiate negotiations on EV price commitments and discuss investment cooperation in the automotive industry. Could the Ministry of Commerce provide an update on the current status of these negotiations? He Yadong, spokesperson for the Ministry of Commerce: Following the video meeting between Minister Wang Wentao and EU Commissioner for Trade and Economic Security Šefčovič on April 8, the technical teams from both sides have maintained close communication on issues related to EV price commitments and trade and investment cooperation, and have been accelerating the negotiation process. China is willing to work with the EU to properly handle economic and trade frictions through dialogue and consultation, deepen practical bilateral cooperation, and inject more certainty and positive energy into the economies of China, the EU, and the world.

At the 2025 (10th) New Energy Industry Expo - New Energy PV ESS Forum hosted by SMM Information & Technology Co., Ltd. (SMM), Ma Yuqi, Senior Partner and Head of the Mining Energy M&A and Restructuring Department at Beijing Yuren Law Firm, shared insights on the topic "Legal Risks and Prevention of the Application of Generation-Grid-Load-Storage Integration in Mining Enterprises." She stated that the integration of generation-grid-load-storage is an essential path for the green transformation of mines, as it can optimize energy utilization, reduce energy consumption, minimize environmental impact, and drive mining enterprises toward sustainable development. During the implementation of generation-grid-load-storage integration projects, the principle of compliance-first must always be upheld. It is crucial to fully recognize the existence of legal risks, take effective preventive measures, and ensure the legal and compliant operation of the projects. Risk prevention and compliance operations will help achieve a win-win situation for both new energy enterprises and mining enterprises.

In Q1 this year, the ESS market showed high activity, with top-tier battery enterprises speeding up their new capacity layout.

Due to frequent fluctuations in non-ferrous metal prices, the company has consistently adopted a strategy of matching purchases with sales, fully hedging, and avoiding open positions. The business operation model primarily leverages the advantages of our diverse business models and sensitive industry information to actively expand the customer base, seek supply and demand parties with price spreads, and earn price differences. The trading convention in the non-ferrous metal trade industry is cash on delivery, with payment methods including spot exchange, bank acceptance drafts, and letters of credit. For locked-in forward transactions, corresponding margin deposits are required. Due to cash transactions, bad debts are minimal, and with relatively transparent prices, the entire industry adopts a strategy of small profits but quick turnover, winning by volume. Changsha Weierbao New Materials Co., Ltd. (Booth C07) Changsha Weierbao New Materials Co., Ltd. is a leading manufacturer of cast, forged, and assembled wear parts. We have over 16 years of experience in researching and producing wear parts for clients in global mining and mineral processing, oil sands, steel, cement, power, aggregates, recycling, dredging, and sugar industries. The Weibo factory covers an area of 30,000 m² and has a complete 2,000 mt bimetal wear parts production line. Jiangxi Lianrong Copper Industry Co., Ltd. (Booth C08) Jiangxi Lianrong Copper Industry Co., Ltd. is a company engaged in the production and sales of non-ferrous metal materials and is a member of the Shanghai Non-Ferrous Metals Industry Association. Established in 2018, the company specializes in tin phosphor bronze, tin bronze, silicon bronze, tin brass, manganese white copper, tellurium bronze, copper-clad copper, copper-clad steel, etc., and customizes copper alloy products according to customer needs. Products can be gold-plated, silver-plated, or tin-plated (wires, flat wires, rods, pipes, busbars, plates, sleeves, profiles, castings, and continuous castings). The annual sales of copper alloys reach 500 million yuan, with stable customers. The company has developed both domestic and international markets, offers custom specifications, ensures timely delivery, guarantees quality, and provides sincere customer service! Jiangxi Xinyan Copper Industry Co., Ltd. (Booth C13) Jiangxi Xinyan Copper Industry Co., Ltd. is a manufacturing enterprise focused on non-ferrous metal rolling processing, metal material manufacturing, metal scrap and waste processing, and other copper precision processing. The company mainly engages in copper processing, copper products, non-ferrous metal material production, processing, and sales; renewable resource recycling; and self-operated and agency import and export of various goods and technologies. The company has independently developed and produced dozens of products such as various types of copper rods, copper wires, copper busbars, and copper bars, which are sold nationwide. Currently, the company's total annual capacity has reached 120,000 mt, with annual revenue exceeding 5 billion yuan. It has been awarded as one of China's top 20 high-quality copper wire suppliers; ranked 77th in the 2023 Jiangxi Top 100 Private Enterprises, 56th in the 2023 Jiangxi Top 100 Manufacturing Private Enterprises, and 14th in the 2023 Shangrao Top 100 Private Enterprises. The company possesses advanced domestic machinery and equipment, adopts advanced technologies, and uses processes such as open-hearth furnace, continuous casting and rolling, up-casting, and down-casting. The main raw material is scrap wires and cables, producing standardized copper rods, copper wires, copper busbars, and copper bars. This process significantly reduces product costs and improves metal resource utilization. The entire production line is fully automated, requiring fewer operators, greatly saving labor and raw material costs, making the company's products highly competitive in the market. The products are widely used in wires, cables, electrical appliances, switchgear, vacuum switches, new energy vehicles, various circuit breakers, and electronic components, with extensive applications and significant market demand. With the development of the company, we will continuously update and upgrade our products, further expand our development space, and add new products such as copper pipes, copper plates, and copper foils based on the existing product line. We aim to establish China's top copper brand and realize the dream of standing at the height of the global economy. The company has been successively recognized as a National High-Tech Enterprise, a Green Design Product Enterprise by the MIIT, a Specialized and Sophisticated SME in Jiangsu Province, a Green Factory in Jiangsu Province, a Five-Star Cloud Enterprise in Jiangsu Province, a Demonstration Intelligent Workshop in Jiangsu Province, a Demonstration Intelligent Workshop in Suzhou City, a Corporate Technology Center in Suzhou City, an Engineering Technology Research Center in Suzhou City, an Industrial Design Center in Suzhou City, and a Quality Award in Suzhou City. Anhui Tuomeiwei Copper Industry Group Co., Ltd. (Booth C33) was established in March 2022 with a registered capital of 200 million yuan, located in the Circular Economy Industrial Park, Liufu Town, Fengyang County, Chuzhou City, Anhui Province. It is a key investment attraction enterprise in Fengyang County and a key enterprise in the secondary non-ferrous metals industry in Chuzhou City. The main products include secondary copper, non-ferrous metal rolling, copper busbars, copper plate/sheet and strip, copper foil, copper rod, copper billet, copper wire, PV wire, NEV components, communication components, welding and cutting components, wires, and cables. According to the industry chain layout, the group has established five subsidiaries: Anhui Tuomeiwei Cable Technology Co., Ltd., Anhui Tuomeiwei Welding and Cutting Technology Co., Ltd., Anhui Tuomeiwei Aluminum Alloy New Materials Co., Ltd., Anhui Shengyuan Xinxiang New Materials Co., Ltd., and Anhui Longtai New Materials Co., Ltd. The group currently has the first and second phases of the secondary copper, welding and cutting equipment, and copper products production projects, which have all been put into production. Based on the completion of the first and second phases, the group plans to expand and extend the related industry chain and construct the third phase of the "Secondary Copper and Aluminum and Precision Processing Entire Industry Chain" project. The first and second phases cover an area of 155 mu with a total investment of 1 billion yuan, of which the first phase covers 90 mu and utilizes 52,000 m² of standardized factory buildings, and the second phase covers 65 mu and utilizes approximately 30,000 m² of standardized factory buildings. The main construction includes 18 secondary copper product production lines, 8 welding gun assembly production lines, and the purchase of more than 600 sets of equipment such as CNC turning and milling composite machines, Swiss-type lathes, machining centers, cold heading machines, injection molding machines, hydraulic drawing machines, and continuous extrusion machines. The project has reached full production and can produce 200,000 mt of copper products and 15 million welding and cutting components and precision parts annually. The third phase of the "Secondary Copper and Aluminum and Precision Processing Entire Industry Chain" project covers an area of 342 mu with a total construction area of 153,500 m², including 6 standardized factory buildings, auxiliary research buildings, office buildings, duty rooms, and supporting facilities. It will construct copper and aluminum process workshops, open-hearth furnace workshops, copper foil stamping and precision processing product workshops, continuous casting and rolling production lines, environmental protection dust removal, and detection equipment. The project started construction in March 2024 and is expected to achieve initial production in Q1 2025. Shanghai Ronghang Information Technology Co., Ltd. (Booth C34) was established in 2010 and is a professional information technology enterprise providing financial derivative software R&D for financial institutions and individual investors. Currently, the company has obtained the nationally recognized "High-Tech Enterprise" and "Double Soft Enterprise" qualification certificates and is a member of the China Futures Association and the Shanghai Futures Industry Association. The company was listed on the New Third Board in 2015 with the stock code: 834361. As a high-quality information technology provider in the era of big asset management, Ronghang Information, with its rich industry experience and technical reserves, has long provided efficient information solutions and system services to exchanges, funds, securities, futures, industries, and private investment companies, and has created convenient and high-quality wealth management tools for individual investors.Langduo Technology has more than 30 professional engineers certified by the original equipment manufacturers, providing services such as remote technical support, professional skill training, and on-site debugging and calibration. Langduo Technology consistently adheres to the core corporate values of "Achieving Customer Success, People-Oriented, Professional Efficiency, and Innovative Win-Win." While continuously driving industry development and pursuing technological innovation, the company has also established strong cooperative relationships with leading clients across various industries. It has deeply engaged in numerous sectors and fields, including mechanical manufacturing, metal processing, non-ferrous metallurgy, petroleum and chemical, energy and power, resource recycling, geology and mining, and cultural heritage and archaeology. Leveraging a team of professional technical engineers, Langduo Technology combines high-grade products, innovative technologies, and high-quality services to provide systematic solutions for tens of thousands of domestic and overseas users, creating value for national industrial development. (Conference Contact: Mr. Bao 13159338158 / Ms. Zhao 15610174932)

[1.36 Billion Yuan! 5GWh! This Lithium Battery Energy Storage System Project Is Expected to Begin Production in June] Anhui Shijia Heli New Energy Co., Ltd.'s annual production line project for 5GWh lithium battery energy storage systems plans a total investment of 1.36 billion yuan, with a planned land area of approximately 128 mu. Once completed and reaching full production, it will achieve an annual production capacity of 5GWh lithium battery energy storage packs, 100,000 energy storage PCS units, 20,000 energy storage cabinets, and (air-cooled) containers. (Battery Network)

[Progress of Daye Technology's Annual 120,000-ton High-performance Aluminum Sheet and Strip and 40,000-ton Battery Foil Project] It is reported that Daye Technology's annual 120,000-ton high-performance aluminum sheet and strip and 40,000-ton battery foil project is under construction. The project started construction in February, and as of now, 95% of the site leveling work has been completed. It is expected that the next step of infrastructure construction can begin in September. The project is scheduled to be put into operation by the end of 2025, with an annual output value of approximately RMB 4.2 billion, profits and taxes of approximately RMB 1 billion, and the creation of over 600 jobs.

【250MW/500MWh! Jiangsu's largest energy storage power station fully integrated into the grid】SMM learned that on July 12, Jiangsu's largest energy storage power station, Jiangsu Envision Sheyang Energy Storage Power Station Project, officially completed its full-capacity integration into the grid. The project, located in Sheyang Port Economic Development Zone, Yancheng City, Jiangsu Province, is the largest independent energy storage power station in Jiangsu so far, with a capacity of 250MW/500MWh, and has the ability to independently participate in the power grid to provide auxiliary services such as frequency modulation and peak shaving. The project started construction on March 8 and took 126 days to complete. After being connected to the grid, it can store 500,000 kWh of electricity, enough to supply about 50,000 households for one day during the summer peak period. The project will also add 250,000 kW of regulation capacity, enhancing the flexible and interactive regulation capability of source-grid-load-storage, and promoting efficient and green consumption of renewable energy.

[Jixiang Co., Ltd.: Proposed to Change the Abbreviated Name of the Company's Securities to "Yongshan Lithium"] To reflect the company's development prospects, adapt to business needs, and further strengthen the company's image and brand value, the company plans to change the abbreviated name of its securities from "Jixiang Co., Ltd." to "Yongshan Lithium". It is reported that the first phase of the lithium salt project of Hunan Yongshan Lithium Co., Ltd. has been put into production in 2022, and the second phase project started construction in April 2023, with an expected production capacity in the second half of 2024. After the second phase project reaches full production, the company will have an annual production capacity of 45,000 tons of lithium salt products. Given the continuous development and brand popularity of the company's lithium salt business, the board of directors believes that the time is ripe to change the abbreviated name of the company's securities.

[Shengxin Lithium Energy Indonesia Annual Output of 60,000 Tons of Lithium Salt Project Started Trial Production] Recently, the rotary kiln of the annual output of 60,000 tons of lithium salt project of Indonesia Shengtuo, a subsidiary of Shengxin Lithium Energy, has successfully started feeding. This project is the company's first lithium salt production base overseas, and also the largest ore lithium extraction project with overseas production capacity at present. The smooth implementation of the Indonesia Shengtuo project will significantly increase the company's lithium salt production capacity to 137,000 tons.