Beijing Hyundai disclosed its May sales data. In May, Beijing Hyundai's domestic sales reached 17,065 units, achieving positive growth both YoY and MoM. Export sales were up 99.4% MoM and up 67.1% YoY. Among them, three core car models — the all-new Elantra, the 11th-generation Sonata, and the all-new Tucson L — doubled their domestic sales MoM. Meanwhile, the all-new pure electric brand IONIQ and its first car model IONIQ V (Venus), unveiled during the Beijing auto show, officially launched the brand's "fuel + pure electric" dual-track transformation.

1 Procurement Conditions The procurement project, Panchangte June 2026 Second Batch Molybdenum Bar Open Inquiry and Comparison (PGWZMYHGXHD260603293266), is procured by the Materials Division of Pangang Group Materials Trading Co., Ltd. The project funds are self-raised. The project has met the procurement conditions, and an open inquiry and comparison is now being conducted. 2 Project Overview and Procurement Scope 2.1 Project Name: Panchangte June 2026 Second Batch Molybdenum Bar Open Inquiry and Comparison 2.2 Alternative procurement method upon procurement failure: Negotiated procurement 2.3 The procurement content, scope, and scale of this project are detailed in the attachment "Material List Attachment.pdf." 3 Bidder Qualification Requirements 3.1 Joint venture bidding is not permitted for this procurement. 3.2 Bidders for this procurement shall possess the following qualification requirements: (1) Manufacturing-type business license 3.3 Bidders for this procurement shall meet the following registered capital requirements: Registered capital for manufacturing-type enterprises: 5 million yuan (10,000 yuan) and above 3.4 Bidders for this procurement shall meet the following performance requirements: When submitting bids, bidders shall provide performance evidence (scanned copies of invoices) for similar products from January 1, 2023 to the bid submission deadline. 3.5 Bidders for this procurement shall meet the following capability requirements, financial requirements, and other requirements: Financial requirements: Registered capital of no less than 5 million yuan Capability requirements: Provide valid enterprise qualification certificates: scanned copies of the original or duplicate business license. Other requirements: See attachments for details (if applicable) 3.6 For projects subject to mandatory tendering by law, bids from persons subject to enforcement for breach of trust shall be invalid. 4 Obtaining Procurement Documents 4.1 All interested bidders shall log in to the Ansteel Smart Tender and Bid Platform at http://bid.ansteel.cn to download the electronic procurement documents from 10:00 on June 4, 2026 to 10:00 on June 11, 2026 (Beijing time, the same hereinafter). Click to view tender details:

On June 3, the inaugural meeting and first plenary session of the Space Computing Working Committee of the China Computer Industry Association was held in Beijing. According to reports, the working committee had received membership applications from over 100 organizations, covering fields such as radiation-hardened chips, space computing hardware equipment, power supply and thermal management systems, data transmission systems, constellation infrastructure, and space launch.

According to Qichacha, Northern Wafer Semiconductor Technology (Beijing) Co., Ltd. was recently established, with a business scope including the manufacturing of electronic specialty materials, the sale of electronic specialty materials, the manufacturing of semiconductor device specialized equipment, and the sale of semiconductor device specialized equipment. Qichacha's equity penetration data showed that the company is wholly owned by Shengong Semiconductor.

Capacity side, according to incomplete statistics, China's alkaline electrolyzer market remained at 43.77 GW, and the PEM electrolyzer market remained at 2.7 GW. This week, Peric Hydrogen, a subsidiary of CSSC 718 Research Institute, exported customized integrated hydrogen production and refueling station equipment to Indonesia. Suzhou Suqing Hydrogen Production Equipment Co., Ltd. completed the shipment of a 5 MW containerized green electricity hydrogen production system, serving the first "five-in-one" integrated energy station project combining oil, gas, hydrogen, electricity, and storage in Northwest China. Project-related updates: CGN (Wuhai Hainan District) New Energy Co., Ltd. : CGN (Wuhai Hainan District) New Energy's hydrogen-based green fuel grid-connected green electricity direct-connection project (hydrogen production section) was officially registered. The project is located in the High-tech Low-carbon Industrial Park in Hainan District, Wuhai City, with a total investment of 313.6992 million yuan. The project plans to build a 22,000 Nm³/h hydrogen production facility, equipped with 22 alkaline water electrolysis units each with a capacity of 1,000 Nm³/h, along with supporting gas-liquid separation and hydrogen purification facilities, producing hydrogen with a purity of 99.999%. The construction period is scheduled from November 2026 to November 2028. Jiyuan (Siping) Green Energy Co., Ltd. : Jiyuan (Siping) Green Energy selected its affiliated party, State Nuclear Electric Power Planning Design & Research Institute, through public tender to undertake the EPC general contracting project for the hydrogen production facility, with a fixed contract price of 204.96 million yuan. The general contracting scope covers the design of the hydrogen production facility, procurement of equipment and materials excluding Party A-supplied electrolysis water complete sets of equipment and rectifier cabinets, civil construction, commissioning, operation and maintenance, and full-process warranty services, with qualified hydrogen output scheduled before August 30, 2027. Wojiang Clean Energy (Xinjiang Zhundong Economic and Technological Development Zone) Co., Ltd.: The general contracting contract for the Zhundong 2 billion m³/year coal-to-natural gas project was signed in Urumqi. The project is located in Changji Zhundong Economic Development Zone, with a total investment of 15.486 billion yuan. It is expected to commence production by the end of October 2026, with supporting output of multiple types of by-products. The project includes supporting electrolysis hydrogen production integrated with green methanol production, and plans a 650,000 mt/year CCUS carbon capture facility to be implemented in two phases, progressively achieving full green electricity coverage while simultaneously demonstrating large-scale crushed coal pressurized gasifiers to advance the scaling-up of coal-to-gas equipment. Da'an Jidian Green Hydrogen Energy Co., Ltd. : The Da'an wind and solar green hydrogen-to-ammonia integrated demonstration project issued a tender for additional equipment, planning to add one set of 1,000 Nm³/h alkaline electrolysis hydrogen production unit. The project broke ground in May 2023 and commenced production in July 2025, supported by 800 MW of wind and solar power capacity. It adopts a dual-route hydrogen production approach of 36,000 Nm³/h alkaline plus 9,600 Nm³/h PEM, with an annual output of 32,000 mt of green hydrogen and 180,000 mt of green ammonia, while simultaneously deploying two types of large-capacity hydrogen storage facilities using solid-state and organic liquid technologies. Longyuan Power Group Co., Ltd.: Longyuan Power announced the winning candidate for the procurement of 500 Nm³/h PEM electrolyzer equipment for the Zhangye Carbon Neutrality Industrial Base Wind-Solar-Hydrogen-Storage Integration Project. Dongfang Electric (Chengdu) Hydrogen Energy ranked first with a bid of 6.3 million yuan. The project is located in the Circular Economy Demonstration Park of Zhangye Economic Development Zone and is SPIC Gansu's first green electricity-to-hydrogen project. It plans to build a 22,000 Nm³/h alkaline hydrogen production main unit with supporting hydrogen storage tanks, and simultaneously construct a 2,000 Nm³/h hydrogen production pilot platform including a 500 Nm³/h PEM unit. Yanchang Petroleum Gas Group Transportation Energy Company: The hydrogen refueling demonstration station at the Fuping Service Area (North Zone) on the Beijing-Kunming Expressway, constructed by the company, successfully achieved mechanical completion and entered the commissioning phase. The station is a standardized Level 3 hydrogen refueling station equipped with an intelligent hydrogen refueling control system capable of automated operations and full-process monitoring and traceability. After commissioning, the station will primarily serve hydrogen-powered heavy trucks and intercity hydrogen buses, filling the gap in hydrogen refueling infrastructure along the Weinan section of the Beijing-Kunming Expressway and improving the hydrogen refueling network for the green freight loop from Hancheng to Fuping and Huangling. Guangdong Yuntao Hydrogen Energy Technology Co., Ltd.: Two major hydrogen energy projects of Yuntao Hydrogen Energy were launched. Its Beitai Road hydrogen refueling station was officially put into operation, becoming a new benchmark hydrogen refueling station in south China. The station is a supporting project for the Minke Park, benchmarked against the Liangtian model hydrogen refueling station. It covers an area of 3,100 m², is equipped with 4 hydrogen dispensers and 8 hydrogen refueling nozzles, with a maximum 24-hour refueling capacity of 4,000 kg, capable of serving 200 hydrogen-powered dump trucks or 400 cold chain logistics vehicles per day, further improving the vehicle hydrogen refueling network in the Greater Bay Area. Huawang (Qingdao) Hydrogen Energy Technology Group Co., Ltd. : The pre-award announcement for the hydrogen refueling station equipment procurement project of Qingdao Hydrogen Energy Industrial Park was released. Shanghai Hydrogen Maple Energy and Jiangsu Guofu Hydrogen Energy were listed as the top two candidates, with bids of 14.18 million yuan and 13.67 million yuan, respectively. The project was jointly tendered by Huawang (Qingdao) Hydrogen Energy and PetroChina Pipeline Bureau Engineering. The total project investment is 70 million yuan, with a construction cost of 14.5 million yuan. The project covers an area of 5,761 m² and plans to build a Level 3 hydrogen refueling station with a building area of 1,302 m², designed for a maximum daily 12-hour hydrogen refueling capacity of 2,500 kg, equipped with 4 units of 35 MPa hydrogen dispensers and 8 hydrogen refueling nozzles. This tender covers the full process including complete hydrogen refueling equipment, valves, automation, electrical supply, and on-site installation and commissioning. Huadian New Energy Group Co., Ltd. Fujian Branch: The Quanzhou Municipal Bureau of Ecology and Environment approved the environmental impact assessment document for Huadian Fujian's 5 MW flexible off-grid seawater hydrogen production technology research and pilot verification project. The project is constructed by Huadian New Energy Group Co., Ltd. Fujian Branch and is located at the No. 10 wind turbine site of Quanhui Wind Farm in Quanhui Petrochemical Industrial Park. As a seawater-to-hydrogen pilot project, it relies on two on-site wind turbines for power supply to conduct off-grid electrolysis seawater hydrogen production experiments. The project covers a total area of 1,683.80 m², with a total operation duration of 1,000 hours and a total investment of 18.7 million yuan, of which 1.681 million yuan is for environmental protection. The overall system consists of six major functional modules and supporting utilities. Policy Review 1. The National Development and Reform Commission (NDRC) and other departments issued a notice on the release of the Guidelines for Non-fossil Energy Electricity Consumption Accounting (Trial). The document states that coordination with energy statistics, carbon emission accounting, and other systems should be strengthened. Factors such as physical connections, electricity energy trading, and green electricity certificate and green electricity trading should be comprehensively considered to classify and clarify the rules for recognizing non-fossil energy electricity consumption and the accounting methods at the provincial (autonomous region, municipality directly under the central government, the same hereinafter) and municipal (prefecture-level) levels, as well as for electricity users. Recognition methods for non-fossil energy electricity consumption: Physical recognition. Self-generated and self-consumed electricity from non-fossil energy sources, and self-consumed electricity from new business models such as green electricity direct connection, are recognized as the non-fossil energy electricity consumption of the electricity user. Production electricity consumed by non-fossil energy power generation projects is recognized as the non-fossil energy electricity consumption of the respective power generation enterprise. Transaction recognition. This includes two recognition methods: electricity energy trading (including conventional non-fossil energy electricity trading, green electricity trading, etc., the same hereinafter) and green electricity certificate trading (including green electricity certificate transfers, etc., the same hereinafter). 2. The Jilin Provincial Energy Bureau and the Jilin Provincial Development and Reform Commission jointly issued a notice on the Implementation Plan for Accelerating the Integrated and Converged Development of New Energy in Jilin Province. Overall objectives: By 2030, integrated and converged development will become an important approach for new energy development across the province. New scenarios featuring integration and convergence will continue to emerge. The province's new energy development models will be more flexible, consumption pathways more diversified, application scenarios more abundant, and the electricity market more dynamic. More than 50 integrated and converged projects and application scenarios will be completed, providing strong support for the comprehensive green transformation of the province's economic and social development. 3. The Guangdong Provincial Administration for Market Regulation issued a public notice soliciting opinions on the Guangdong provincial local standard Operational Specifications for Integrated Hydrogen Production, Storage, and Refueling Devices (Review Draft). The document states that this standard specifies the basic requirements, personnel management, equipment and facility management, hydrogen quality management, hydrogen refueling operation management, safety management, archive management, and data recording for the operation of integrated hydrogen production, storage, and refueling devices. Enterprise Updates Tianji Hydrogen Energy Technology (Beijing) Co., Ltd. : Tianji Hydrogen Energy successively signed agreements with Jiaqing New Energy and Manst Hydrogen Energy. The three parties will conduct in-depth industry chain cooperation in green hydrogen equipment and project development. According to the agreements, the parties will cooperate in multiple dimensions including electrolyzer and post-processing system procurement, joint project bidding, and agency sales. They will also establish strict intellectual property protection and exclusive collaboration mechanisms to ensure the stability and competitiveness of cooperative projects, and jointly tackle hydrogen energy application challenges across multiple scenarios. SPIC Green Energy Co., Ltd.: Huang Qiang, Secretary of the Jilin Provincial Party Committee, conducted a survey on major project construction in Changchun and Siping. He emphasized the need to fully implement the important instructions of General Secretary Xi Jinping regarding work in Jilin, focus on building a modern industrial system and modern infrastructure system, and accelerate the advancement of major project construction. Jiangsu Trina Green Hydrogen Technology Co., Ltd. : Trina Green Hydrogen signed a strategic cooperation agreement with the Nanjing Institute of the Fifth Electronics Research Institute of MIIT. The two parties will focus on the urgent needs for high-quality development of the PV+ESS+hydrogen industry, and conduct in-depth collaboration across five major areas: joint construction of a comprehensive PV+ESS+hydrogen testing platform, joint research on cutting-edge technologies, product detection and evaluation, industry standard development, and full-chain industrial technology services. Through the strong alliance model of "industry leader + authoritative scientific research and detection institution," they aim to address the shortcomings in PV+ESS+hydrogen equipment testing and verification. Enric (Bengbu) Compressor Co., Ltd. : Two large skid-mounted hydrogen pipeline compressors independently designed and with core technologies self-developed by the company successfully completed factory acceptance testing and were officially shipped for delivery. The equipment will support China's first long-distance green hydrogen transmission pipeline project. China Southern Power Grid Power Technology Co., Ltd.: The company completed core technology breakthroughs for long-endurance hydrogen-powered drones and successfully conducted pilot applications in mountain power grid inspection scenarios at the Meizhou Power Supply Bureau of Guangdong Power Grid. Wuhu Shipyard (Wuhu Shipyard Co., Ltd. : The Tongzhouwan site at Wuhu Shipyard's Nantong base completed the semi-submersible float-off launching of the vessel "18515." The vessel is an 18,500-deadweight-tonnage methanol dual-fuel high-end chemical tanker and is the first vessel in the series. It has a total length of 149.8 meters, a design speed of 14 knots, and can use methanol as clean fuel. This launching cleared a key step in standardized construction and will help promote local shipbuilding industry development. Zhangjiagang Port Group Co., Ltd. : The first round of bidding for Zhangjiagang Port's 10 hydrogen fuel cell tractor project had only two valid suppliers, failing to meet the bid opening requirements. The procurement method was changed to negotiated procurement. This procurement involves 10 units of 45 kN hydrogen fuel cell tractors, including 1 unit with intelligent assisted driving, for intra-port transfer operations and required to be compatible with existing flatbed trailers. Taiyuan Public Transport Holdings (Group) Co., Ltd. : The company selected a local gas supply service provider through merit-based evaluation to ensure daily hydrogen supply for 6 hydrogen-powered buses, with unit price settlement based on actual gas consumption. The supplied hydrogen must comply with the GB/T3634.2-2011 high-purity hydrogen standard. The service provider is required to deploy fixed hydrogen refueling stations in Taiyuan, prioritize emergency hydrogen refueling for public buses, implement one-card-per-vehicle hydrogen refueling management, with a project service period of two years. Lanzhou Lanshi Petroleum Equipment Engineering Co., Ltd.: The second-generation 45 MPa ionic liquid hydrogen compressor and 22 MPa hydraulic-driven piston hydrogen compressor, customized for a domestic energy station, successfully completed all testing procedures including boost commissioning and electrical control system joint debugging. Patent Applications 1. Shanghai Institute of Ceramics, Chinese Academy of Sciences (China) published patent CN2025110028, developing a ceramic-based anion exchange membrane with a laboratory-tested lifespan of 80,000 hours. 2. Johnson Matthey (UK) filed patent WO2025109876, disclosing an Fe-Ni-Mo ternary non-precious metal catalyst formulation with activity approaching that of platinum-based materials. Technology Footprint/Technical Specifications 1. The team led by Professor Li Zhipeng from Northwestern Polytechnical University innovatively constructed a three-dimensional multi-physics coupling model for tubular solid oxide fuel cells, systematically revealing the quantitative effects of temperature, electrode thickness, porosity, and oxygen domain geometric parameters on battery output performance. 2. The National Hydrogen Energy Power Quality Inspection and Testing Center of China Automotive Engineering Research Institute completed and commercially opened a 0–400 kW hydrogen-involved loaded tri-axial vibration testing platform, addressing the shortcomings in large power hydrogen-involved multi-physics coupling testing in China. 3. The high specific power cathode-closed air-cooled fuel cell stack technology developed by the team of Academician Chen Zhongwei and Associate Researcher Zhang Meng from the National Key Laboratory of Energy Catalytic Conversion at the Dalian Institute of Chemical Physics passed the scientific and technological achievement appraisal by the China Petroleum and Chemical Industry Federation. This technology effectively resolves the industry contradiction between water retention and oxygen mass transfer in air-cooled fuel cells, addressing technical challenges such as low-humidity performance degradation, carbon corrosion, membrane drying and flooding, and high-power thermal management. 4. Two group standards on hydrogen production by water electrolysis were officially released and implemented: Technical Specifications for Safety of Hydrogen Production by Water Electrolysis and Accounting Methods for Economic Operation Indicators of Hydrogen Production by Water Electrolysis. 5. Petronor and H2SITE collaborated to advance membrane technology for hydrogen production, improving high-purity hydrogen and low-carbon efficiency in refining. 6. Dalian University of Technology designed an electron pump catalyst with an asymmetric photo-responsive structure, maintaining the asymmetry of electron distribution.

North China is the core heartland of China's cable industry. Leveraging its industrial heritage, full industry chain supporting facilities, and favorable Beijing-Tianjin-Hebei coordinated development policies, the region has established a complete industrial cluster integrating raw material processing, cable production, new material R&D, and intelligent equipment manufacturing. The annual output value of the regional cable industry has exceeded 100 billion yuan, with a solid industrial foundation and broad market potential. Benchmarked against the advantageous industrial agglomeration zones in the Yangtze River Delta and Pearl River Delta, North China's cable industry still faces shortcomings such as dispersed industrial resources, weak industry-academia-research collaboration, and insufficient risk resilience across the industry chain. Breaking down collaboration barriers has become key to upgrading the industry. is scheduled for July 23-24, 2026 at the Crowne Plaza Qingdao Jinshui, Shandong , focusing on three major topics: industrial collaboration, green intelligence, and globalization. SMM , together with the initiating organization — Qingdao Hanhe Cable Co., Ltd. , invites participants from across the entire industry chain to gather, explore industry opportunities, and drive the quality upgrading of North China's cable industry. Click to attend the conference. We look forward to meeting you at the event. Qingdao Hanhe Cable Co., Ltd. was established in 1982 and has grown into an industry-leading large enterprise capable of providing clients with comprehensive solutions and turnkey projects covering cables and accessories, cable materials, power design, power transmission and transformation engineering, completion testing, operation and maintenance services, and hydrogen energy application systems. The company was listed on the Shenzhen Stock Exchange in 2010 under the stock code "002498." It currently has over 3,000 employees, including more than 520 R&D personnel and over 310 professionals with senior and intermediate technical titles. The company has established production sites in Qingdao, Jimo, Pingdu, Zibo, Yanggu, Jiaozuo, Xiuwu, Changzhou, Changsha, and Beihai, and has invested in over 20 domestic subsidiaries including Huadian High Voltage, Electrical Engineering, and Hanhe Hydrogen Energy, with overseas companies established in the US, Singapore, and the Middle East. The company primarily develops and manufactures power cables rated 750kV and below, submarine cables, high-voltage cable accessories, specialty conductors, mining cables, nuclear power cables, control cables, PV cables, and high-voltage cable materials. It has participated in the construction of venues and power supply assurance for numerous major events, including the 2008 Beijing Olympics, the 2010 Shanghai World Expo, the 2018 Shanghai Cooperation Organisation Qingdao Summit, and the 2022 Beijing Winter Olympics, as well as major celebrations such as the 70th anniversary of the founding of the People's Republic of China and the 100th anniversary of the founding of the Communist Party of China. The company places great emphasis on scientific research investment and the development of enterprise technological innovation capabilities. Annual R&D expenditure is no less than 5% of sales revenue, and a relatively comprehensive technological innovation system and infrastructure meeting the requirements of independent innovation have been established. The company has built 4 vertical towers and owns 13 vertical cross-linking production lines, making it one of the largest high-voltage cable manufacturers in China in terms of capacity. The company has a nationally recognized enterprise technology center, a postdoctoral research workstation, and the only "National High-Voltage and Extra-High-Voltage Cable Engineering Technology Research Center" in China's cable industry. The company has successively participated in the development planning of China's wire and cable industry from the "11th Five-Year Plan" through the "14th Five-Year Plan," and undertaken over 100 national, provincial, and city-level projects. In 2021, the 110kV and above high-voltage and extra-high-voltage cables independently developed and manufactured by the company were successfully selected as a National Manufacturing Single Champion Product by MIIT. The company keeps pace with the times, deeply integrating industrial internet, big data, cloud computing, the Internet of Things, and intelligent terminals to unlock the value of industrial big data. Construction of a high-voltage and extra-high-voltage cable intelligent manufacturing ecosystem has been completed, and the company has been awarded multiple certifications including "Excellence-Level Intelligent Factory," "Equipment-to-Cloud Benchmark Enterprise," "Digital Workshop," and "Green Factory," pioneering a new model of intelligent manufacturing management in China's cable industry. Guided by the corporate spirit of "integrity, frugality, pragmatism, and innovation," the quality policy of "pursuing quality and credibility, establishing the Hancable brand," and the corporate mission of "building the Hancable brand and serving society with sincerity," the company adheres to technological innovation to ensure sustainable development. It has formed the core development philosophy of "sustainable development for an enduring enterprise" and the business strategy of "surpassing the advanced level of the international wire and cable industry." The company has successively been honored as a "National High-Tech Enterprise," a "leader in China's cable industry," and a "National Contract-Abiding and Credit-Worthy Enterprise," and has been listed among China's Top 500 Manufacturing Enterprises, China's Top 10 Well-Known Brands in the Electrical Industry, China's Top 100 Machinery Industry Enterprises, China's Top 10 Most Competitive Enterprises in the Wire and Cable Industry, and the Global Top 10 Most Competitive Submarine Cable (Energy Sector) Enterprises. In the future, while consolidating and developing its wire and cable business, the company is expected to accelerate expansion into intelligent detection and services, power transmission and transformation engineering, high-end cable material manufacturing, and other industries, striving to build Hancable into a leading domestic and internationally renowned comprehensive solution provider of wire and cable products and services, making "Hancable Manufacturing" shine on the international market! SMM Conference Contact Zhang Guolei 166 0190 0190 zhangguolei@smm.cn

The global secondary copper industry is at a critical stage characterized by tightening resources, green transformation, and intensifying global competition. As environmental protection policies continue to tighten and the energy crisis deepens, secondary copper, with its significant environmental and economic advantages, plays an increasingly prominent role in alleviating tight supply of primary copper and promoting low-carbon development. Currently, the global copper industry chain faces multiple pressures including supply vulnerability, demand transformation, and low-carbon upgrading. Major economies have successively included copper in their critical minerals lists, and international competition over secondary copper resources is becoming increasingly fierce. Optimizing the industry chain structure, improving recycling efficiency, and harmonizing global standards have become urgent priorities for the industry. To help the industry gain a comprehensive understanding of global policy trends and market landscape, SMM and TOUCHI INTERNATIONAL CORP. have joined hands to produce the , focusing on industry development directions and conveying market insights, aiming to provide practitioners with an authoritative and professional industry distribution guide. (Click the link to get it for free:) TOUCHI INTERNATIONAL CORP. was founded in 2001. With 25 years of deep engagement in the recycled resources sector, it is a globally renowned non-ferrous metal processing and green supply chain service provider, with operations covering more than ten countries and regions including China, South Korea, Vietnam, the US, Australia, and the UAE. The company is headquartered in Akasaka, Minato-ku, Tokyo, Japan, and has a core production site in Kasumigaura City, Ibaraki Prefecture, with a factory area of 12,000 m², equipped with 8 dry and wet copper wire nodules processing lines. It has its own transportation team, achieving integrated operations of raw material recycling, transportation, and processing. Leveraging a professional multinational team and global coordination capabilities, it specializes in the processing and trading of secondary metal materials including bare bright copper wire nodules, bare bright wire, No. 2 copper, tin bronze, bare bright copper ingots, 6-series aluminum extrusions, tin ingots, and more . With stable quality and multiple quality certifications including ISO9001, CIC, and CQC, the company upholds the principles of green development, shared benefits, and people-oriented management, and is highly influential in Japan's secondary metals industry. TOUCHI INTERNATIONAL CORP. Contact: Ryu kokushi Contact Information (Japan): Tel: +81-3-5545-4065 Mobile: +81 9024352198 Email: long@to-chi.co.jp / ryu@to-chi.co.jp URL: https://www.to-chi.co.jp/ Contact: Huiming Yang Mobile: +86 13701160431 (China) Email: huiming@to-chi.co.jp Address (China): 201-03, 2nd Floor, Building 2, No. 52, Chunhe Road, Daxing District, Beijing Address (Headquarters): 3F, 3-6-4 Akasaka, Minato-ku, Tokyo 107-0052, Japan SMM Joint Production Contact Liu Mingkang 156 5309 0867 liumingkang@smm.cn

1 Tender Conditions The bid inviter for this tender project, Ferrosilicon and Other Items (BG2026050123)/Low-Aluminum Ferrosilicon (BGBCGFHGZHD260601292403), is the Raw Material Procurement Department of the Procurement Center of Bensteel Sheets & Plates Co., Ltd. The project funds are self-raised. The project has met the tender conditions, and open tendering is now conducted. 2 Project Overview and Tender Scope 2.1 Project Name: Ferrosilicon and Other Items (BG2026050123)/Low-Aluminum Ferrosilicon 2.2 Alternative procurement methods upon tender failure: direct procurement, negotiated procurement 2.3 The tender content, scope, and scale of this project are detailed in the attachment "Material List Attachment.pdf". 3 Bidder Qualification Requirements 3.1 Joint venture bidding is not permitted in this tender. 3.2 This tender requires bidders to possess the following qualification requirements: (1) Business license for trading enterprises (2) Business license for manufacturing enterprises 3.3 This tender requires bidders to meet the following registered capital requirements: Registered capital for manufacturing enterprises: 10,000,000 yuan and above Registered capital for trading enterprises: 10,000,000 yuan and above 3.4 This tender requires bidders to possess the following performance requirements: See attachment 3.5 This tender requires bidders to possess the following capability requirements, financial requirements, and other requirements: Financial requirements: See attachment Capability requirements: See attachment Other requirements: Performance bond - See attachment 3.6 For projects subject to mandatory tendering by law, bids from persons subject to enforcement for breach of trust shall be invalid. 4 Obtaining Tender Documents 4.1 All parties interested in bidding are requested to log in to the Ansteel Smart Tender and Bid Platform at http://bid.ansteel.cn to download the electronic tender documents from 08:00 on June 2, 2026 to 08:00 on June 22, 2026 (Beijing time, the same hereinafter). Click to view tender details:

SMM June 2 News: Metals market: Overnight, metals generally rose across both domestic and overseas markets, with SHFE lead being the only decliner, down about 0.09%. LME tin and SHFE tin both rose over 2%, with LME tin up 2.63% and SHFE tin up 2.46%. LME copper, LME aluminum, LME zinc, LME nickel, SHFE copper, and SHFE nickel all rose over 1% (LME copper +1.97%, LME aluminum +1.59%, LME zinc +1.09%, LME nickel +1.42%, SHFE copper +1.12%, SHFE nickel +1.26%). The remaining metals gained less than 1%, with the alumina front-month contract down 0.69% and the foundry aluminum front-month contract up 0.41%. Overnight, ferrous metals collectively rose, with stainless steel leading the gains at +1.52%, and iron ore up 0.51%. Hot-rolled coil and rebar saw minor fluctuations. In coking coal and coke, coking coal rose 2.19% and coke rose 0.84%. Precious metals: Overnight, COMEX gold fell 1.7% and COMEX silver dropped 0.96%. In China, SHFE gold fell 1.28% and SHFE silver declined 0.73%. As of 6:43 AM on June 2, overnight closing prices: Macro front China: [NDRC, National Energy Administration and other departments issued the Notice on Printing and Distributing the Guidelines for Accounting of Non-Fossil Energy Power Consumption (Trial)] On June 1, the NDRC, National Energy Administration and other departments issued the Notice on Printing and Distributing the Guidelines for Accounting of Non-Fossil Energy Power Consumption (Trial). It mentioned that the development and reform commissions, energy bureaus, ecological environment departments, statistics bureaus, and data management departments of all provinces, autonomous regions, municipalities directly under the central government, and the Xinjiang Production and Construction Corps, as well as State Grid Corporation of China, China Southern Power Grid Co., Ltd., Inner Mongolia Power (Group) Co., Ltd., relevant power generation enterprises, Beijing and Guangzhou Power Exchange Centers, China Renewable Energy Engineering Institute, and China Electricity Council: To implement the major decisions and plans of the CPC Central Committee and the State Council on carbon peaking and carbon neutrality, and to promote the improvement of the carbon emission statistical accounting system, we have formulated the Guidelines for Accounting of Non-Fossil Energy Power Consumption (Trial), which are hereby issued to you. Please carry out relevant work accordingly. These guidelines shall be implemented on a trial basis from the date of issuance and shall be used for accounting of non-fossil energy power consumption for 2026 and subsequent years. If there are any issues or suggestions during the trial period, please provide timely feedback to the NDRC and the National Energy Administration. Shanghai Mayor Gong Zheng chaired a standing meeting of the municipal government on June 1. The meeting approved in principle the Shanghai Plan for Accelerating New-Type Industrialisation and Building a Modern Industrial System under the 15th Five-Year Plan, and noted the need to develop and strengthen a number of emerging pillar industries and make forward-looking arrangements for future industries. The meeting emphasized the need to adhere to innovation-driven development and forge competitive advantages in industry, accelerate breakthroughs in new technologies, R&D and application of new products, and cultivation and opening of new scenarios, support the efficient transformation and industrialisation of scientific and technological achievements, and turn more "flowers of technology" into "fruits of industry." The CPC Chengdu Municipal Committee and the Chengdu Municipal People's Government issued the Opinions on Accelerating the Building of a National Advanced Manufacturing Base. The opinions proposed forward-looking deployment of future industries, accelerating the layout of new tracks including nuclear fusion energy, brain-computer interfaces, quantum technology, intelligent sensing, embodied AI, sixth-generation mobile communications, biomanufacturing, cell and gene therapy, flying cars, and frontier new materials. US dollar: As of the overnight close, the US dollar index rose 0.26% to 99.19. Data from the Institute for Supply Management (ISM) showed that, driven by growth in new orders and production, the US May ISM Manufacturing Index rose to 54, hitting a four-year high. US manufacturing has sent expansion signals for five consecutive months, indicating that manufacturing is regaining vitality amid a surge in artificial intelligence (AI) investment, more favourable tax policy, and reduced trade policy uncertainty. Persistent cost pressure may mean US consumers will face higher prices, as the US Fed's preferred inflation gauge rose 3.8% YoY in April. (Wallstreetcn) According to CME "FedWatch": The probability of the US Fed keeping rates unchanged through June was 98.4%, with a 1.6% probability of a cumulative 25-basis-point interest rate cut. The probability of the US Fed keeping rates unchanged through July was 90.2%, with an 8.4% probability of a cumulative 25-basis-point rate hike and a 1.4% probability of a cumulative 25-basis-point interest rate cut. (Jin10 Data APP) Ozan Tarman, Vice Chairman of Global Macro at Deutsche Bank, said the US Fed's next move will not be a rate hike. Tarman said the newly appointed Fed Chairman Kevin Warsh will try to "convince his colleagues to stay put." "Everyone is excitedly talking about how he might completely change his stance and even convince Trump that a significant rate hike is possible this year — that seems a bit excessive to me." "The best approach is to wait and see, and let the political dynamics in the US, the Strait of Hormuz, and even the UK play out on their own," Tarman said. Tarman noted that a European Central Bank rate hike in June appears to be a foregone conclusion, but whether Lagarde will raise rates in September will depend on the progress of Middle East peace negotiations. (Bloomberg) Torsten Slok, Chief Economist at Apollo Global Management Inc., said that AI infrastructure construction will push up inflation in the early stages, which will prevent new Fed Chairman Kevin Warsh from cutting interest rates as quickly as he had previously hinted. "We may have to wait a while longer, because in the early stages, the AI boom will certainly push up inflation," he said. From the perspective of semiconductor prices, energy prices, and labour costs, the risk of price pressure is "very clear." (Bloomberg TV) Macro: Today, the US April JOLTs job openings, Switzerland April trade balance, UK April central bank mortgage approvals, Eurozone May CPI annual rate preliminary reading, and Eurozone May CPI monthly rate preliminary reading will be released. In addition, 2026 FOMC voter and Minneapolis Fed President Kashkari will deliver a speech, 2026 FOMC voter and Cleveland Fed President Hammack will speak on monetary policy, and Bank of England Governor Bailey will attend a House of Lords hearing. Crude oil: As of the overnight close, oil prices on both markets rose, with WTI up 5.85% and Brent up 4.53%, driven by the breakdown of US-Iran negotiations and blockade risks. Earlier, Iranian media reported that Iran would suspend communication with the US through intermediaries and planned to completely block the Strait of Hormuz, sending crude oil prices sharply higher. This morning, US President Trump said he expected to reach an agreement with Iran "within the next week," extending the current ceasefire arrangement and reopening the Strait of Hormuz. Trump said the negotiations were progressing well and expressed optimism about reaching a deal. (CCTV) (Wallstreetcn APP) According to US sources, the Trump administration continued to release large volumes from the US Strategic Petroleum Reserve to ease the energy supply crisis triggered by the US-Iran conflict and the closure of the Strait of Hormuz. Data released by the US Department of Energy (DOE) showed that the Strategic Petroleum Reserve decreased by 8 million barrels of crude oil last week, following declines of 9.1 million barrels and a record 9.9 million barrels in the two preceding weeks. As of now, the Strategic Petroleum Reserve inventory has fallen to 357.1 million barrels, the lowest level since January 2024. (Wallstreetcn) Three sources said OPEC+ producers will most likely agree at their meeting on Sunday to further increase crude oil production quotas in July. However, the Iran war has so far caused some countries to fall short of their previous production increase targets. A further increase in production quotas would indicate that the organisation is gradually resuming normal operations, despite disruptions caused by the blockade of the Strait of Hormuz and the unexpected withdrawal of the UAE in May. According to sources, OPEC+ is expected to increase production by approximately 188,000 barrels per day in July, the same as the increase agreed for June, which had been reduced from 206,000 barrels per day after taking into account the UAE's withdrawal. (Jin10 Data APP)

Yunnan Tin Co., Ltd. (hereinafter referred to as "Tin Co." or "the Company") held the third extraordinary meeting of the tenth session of the Board of Directors on May 29, 2026, at which the "Proposal on Participating in the Bidding for 100% Equity of Chifeng Dajingzi Tin Co., Ltd." was reviewed and approved. Chifeng Dajingzi Mining Co., Ltd. (hereinafter referred to as "Dajingzi Mining") publicly listed for transfer its 100% equity in Chifeng Dajingzi Tin Co., Ltd. (hereinafter referred to as "the Target Company") on the Beijing Equity Exchange (hereinafter referred to as "BJEE"). The Board of Directors approved the Company's participation in the bidding for 100% equity of the Target Company using its own funds.