[SMM Silicon-Based PV Morning Conference Summary] Silicon Metal: Post-Chinese New Year, the market exhibited strong wait-and-see sentiment, with silicon enterprise offers remaining basically stable compared to pre-holiday levels. Yesterday, SMM assessed oxygen-blown #553 silicon in east China at 9,200-9,400 yuan/mt and #441 silicon at 9,300-9,600 yuan/mt. The most-traded futures contract fluctuated near 8,350-8,450 yuan/mt, while some futures-spot traders saw their spot-futures price spread quotes strengthen slightly. On the first trading day after the holiday, market activity was dominated by inquiries, with limited spot transaction volumes. Silicone: Yesterday's transaction price stood at 13,800-14,000 yuan/mt, holding steady from pre-holiday levels. During the Chinese New Year holiday, demand remained stagnant. Post-holiday, as downstream plants resumed operations and the first wave of rigid restocking demand gradually emerged, coupled with low operating rates on the supply side and the upcoming silicone monomer industry conference in Zhejiang from late February to early March, silicone prices are still expected to rise.

On January 27, Jiang Huamao, Director of the Road Passenger Transport Department of the Beijing Municipal Commission of Transport, led a delegation to visit Qingdong Technology for a special survey, conducting a field trip to observe the enterprise's hydrogen vehicle operations and safety production management. Zhang Jingxing, Deputy Director of the Road Passenger Transport Department, and Huang Jinlong, Director of the Yanqing District Transport Bureau, accompanied the survey. Both government and enterprise sides worked together to discuss pathways for high-quality development of the hydrogen transportation industry. During the survey, Jiang Huamao listened in detail to Qingdong Technology’s report on operational layout, market expansion, and safety production system construction. He focused on reviewing materials such as safety management systems, vehicle operation and maintenance records, and emergency response plans, affirming the enterprise’s standardized procedures for the full life cycle safety management of hydrogen vehicles. At the symposium, Jiang Huamao, in light of Beijing’s hydrogen energy industry development plan, put forward work requirements for Qingdong Technology. He emphasized that hydrogen energy is a core direction for green transformation in the transportation sector, and the enterprise must prioritize safety production, improve the full-chain safety management system, and refine emergency procedures to strengthen the safety baseline. He encouraged the enterprise to deepen its involvement in the hydrogen transportation sector, aiming to set an industry benchmark, build a standardized industrial system, and create a core competitive brand. This survey has clarified the development direction for Qingdong Technology. Both government and enterprise sides will take this opportunity to deepen cooperation, promote the large-scale and safe application of hydrogen technology in the transportation sector, and support Beijing in building a green transportation system that “uses electricity where appropriate and hydrogen where suitable,” making hydrogen energy a “green engine” for regional high-quality development.

Metals generally rose, with LME zinc and coking coal up over 1%, while crude oil, NYMEX gold, and SHFE gold fell [Overnight Market]

[SMM Steel Morning Meeting Summary] Yesterday, rebar futures fluctuated rangebound, closing at 2,981, up 0.17% from the previous trading day. In terms of spot prices, spot prices in most regions remained stable, while prices in a few regions fell by 10 yuan/mt. The market sentiment was one of wait-and-see, with trading performance throughout the day falling short of the previous day. On the fundamental side, EAF steel mills, facing intensified profit losses, saw some mills reducing operating hours or halting production. Blast furnace steel mill profits remained considerable. According to the SMM survey, the impact from maintenance on building materials this week was 1.262 million mt, down 57,000 mt WoW, with supply increasing slightly...

[SMM Daily Briefing on Coal and Coke] In terms of supply, affected by environmental protection and inventory accumulation, some coke enterprises have slightly cut production, leading to a tightening of coke supply. Demand side, steel mill profits are moderate, and there have been no large-scale maintenance activities. There is a rigid demand for coke, but pig iron production has peaked. Moreover, steel mills have the intention to continue driving down coke prices, with some controlling the arrival of coke and lacking the willingness to purchase. In summary, the market sentiment is weak, and there is an expectation for a fourth round of coke price cut this week.

On June 5, Shaanxi Hydrogen and Northern Investment Company held a discussion on strengthening cooperation in hydrogen technology applications, empowering the high-quality development of the Xi'an Ordnance Base through industrial synergy, and visited the base's exhibition hall and ordnance museum. Huang Ye, Party Secretary and Chairman of Shaanxi Hydrogen, and Tan Jin, Chief Accountant of Northern Investment Company and Chairman of Xi'an Ordnance Industry Technology Development Co., Ltd., attended the meeting. At the symposium, Huang Ye provided a detailed introduction to the basic situation, current business development, project planning progress, and construction and operation achievements of Shaanxi Hydrogen. He stated that as a central state-owned enterprise based in Shaanxi, Northern Investment Company carries forward the glorious history and fine traditions of "national heavyweights." As the "chain leader" company in the provincial hydrogen industry chain, Shaanxi Hydrogen has a highly complementary industrial layout with Northern Investment Company, presenting significant potential for cooperation. Shaanxi Hydrogen is expected to leverage their respective strengths, adhering to the principles of "joint research, co-creation of scenarios, and capital linkage," to jointly conduct specialized hydrogen research, technological breakthroughs, and pilot applications of fuel cell equipment. A working group will be established to jointly incubate innovative hydrogen projects, providing industrial support for the high-quality economic and social development of the region. Tan Jin warmly welcomed the visit by Huang Ye and his team, and gave a detailed account of the historical evolution, planning and construction framework, enterprise settlement, and management model of Northern Investment Company and the Ordnance Base. He noted that as a demonstration project of collaboration between the Ordnance Industry Group and the governments of Shaanxi Province and Xi'an City, the Ordnance Base has accumulated rich experience in park development, construction, and industrial operations. It is hoped that both parties will take this exchange as a starting point to fully explore areas of cooperation, accelerate the implementation of specific cooperative projects, and jointly open up a new situation of coordinated development between central enterprises and localities. Ma Biao, Deputy General Manager and member of the Party Committee of Shaanxi Hydrogen, along with representatives from the Strategic Planning Department, Safety Production Department, and Hydrogen Ridge Investment Company; and relevant responsible persons from the Development Planning Department, Science and Technology Development Department, Financial Services Department, Quality and Safety Department, and Park Operations Department of Northern Investment Company participated in the discussion.

The report of the Third Plenary Session of the 20th CPC Central Committee clearly states that it is necessary to accelerate the planning and construction of a new-type energy system and improve policy measures for the consumption and regulation of new energy. Under the strategic deployment of China's "dual carbon" goals and the construction of a new-type power system, the scale of new energy development in China ranks first globally, with distributed new energy experiencing rapid growth. To further promote the local development and utilization of new energy and meet the green energy needs of enterprises, the National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) issued the Notice on Orderly Promoting the Development of Direct Green Electricity Connection (hereinafter referred to as the Notice). By clarifying the scope of application for direct green electricity connection, standardizing planning and management requirements, and improving market pricing mechanisms, the Notice provides clear guidance for actively promoting the construction of direct green electricity connection projects in various regions in the next step. I. Proposing the Scope of Application and Construction Requirements for Direct Green Electricity Connection 1. Clarifying the definition and connotation of direct green electricity connection. Since the EU issued the EU Batteries and Waste Batteries Regulation and its supporting document, the Draft Rules and Annexes for Calculating the Carbon Footprint of EV Batteries, concepts such as "direct power connection" and "direct green electricity connection" have sparked heated discussions in society. Although the EU's relevant documents have clarified the concept and connotation of direct green electricity connection, China still lacks a clear definition for direct green electricity connection projects. To this end, the Notice clarifies the definition and connotation of direct green electricity connection at the national level for the first time, that is, new energy sources such as wind and solar power are not directly connected to the public power grid but are directly connected to a single power user through dedicated power lines. The new energy sources here can be either distributed or centralized, and after the project is completed, it can choose to operate in either an off-grid or grid-connected mode. 2. Clarifying the construction requirements for project power supplies. Direct green electricity connection enriches the ways for enterprises to achieve clean and green power supply and stimulates the enthusiasm of new energy enterprises for investment and construction. In this context, clarifying the construction requirements for directly connected new energy power supplies is crucial for the orderly development of direct green electricity connection projects. The Notice clarifies four scenarios in which direct green electricity connection can be carried out: Firstly, new loads can achieve direct green electricity connection through the construction of supporting new energy projects; Secondly, for existing loads to carry out direct green electricity connection, certain conditions must be met. On the premise that enterprises' captive power plants fully pay the renewable energy development fund, the power generation space for direct green electricity connection needs to be achieved by reducing the output of captive power plants; Thirdly, export-oriented enterprises can explore the implementation of direct green electricity connection and make full use of surrounding new energy resources; Fourthly, for existing new energy projects, if the construction of power grid connection projects has not yet commenced or if there is insufficient capacity in the local power grid for consumption, direct green electricity connection can also be carried out after fulfilling the necessary change procedures. Thirdly, it clarifies the project investment and operation model. For a long time, China has required that new energy grid-connection projects be uniformly invested in and constructed by power grid enterprises, or invested in and constructed by new energy enterprises and then repurchased by power grid enterprises, with relevant costs recovered uniformly through the state-approved transmission and distribution electricity prices. To better promote the development of green electricity direct connection, the Notice innovates the investment and construction model for green electricity direct connection power supplies and lines. Power supplies can be invested in by load entities, power generation enterprises, or through joint ventures established by both parties. Direct connection lines are invested in by load and power supply entities. If the power supply and load entities are not the same investor, both parties should sign multi-year power purchase agreements or energy performance contracting agreements. To better adapt to the requirements of safe power grid operation and the construction of a unified national electricity market, the Notice proposes that in regions where the spot market operates continuously, projects can feed electricity back into the power grid to participate in the electricity market. However, the overall focus remains on self-generation and self-consumption. It also clarifies that the proportion of surplus electricity fed into the grid should be determined by each region based on actual conditions. This requires regions to fully consider the local power grid's consumption capacity and the regulatory capacity of green electricity direct connection projects, reasonably set the proportion of surplus electricity fed into the grid, and ensure local self-generation and self-consumption as much as possible without affecting the utilization rate of new energy. II. Improving Safety Operation and Management Requirements for Green Electricity Direct Connection 1. Further clarify safety management responsibilities and boundaries for green electricity direct connection projects. Green electricity direct connection projects feature diversified resource types and investment entities. In addition to load resources, they also include new energy, ESS, and other resources. If various resources are not invested in by the same entity, an aggregated approach is needed to achieve coordinated and optimized operation of various resources, which will bring about internal safety management risks and unclear safety responsibility boundaries with the superior power grid. To strengthen the safety management level of green electricity direct connection projects, the Notice clarifies safety management requirements for green electricity direct connection projects in two aspects. On the one hand, from the perspective of internal management, green electricity direct connection projects should implement various safety production management measures. On the other hand, from the perspective of participating in system operation, grid-connected green electricity direct connection projects should form clear safety responsibility boundaries with the public power grid according to the property rights demarcation point, and reasonably determine their respective responsibilities for safe power supply. 2. Further standardize the dispatching and operation management mechanism for green electricity direct connection projects. As a new business model, green electricity direct connection can possess good regulatory capacity and real-time response characteristics by coordinating and optimizing the operation of internal resources. In the context of the construction of a unified national electricity market, how to align the dispatching management mechanism of green electricity direct connection projects with the market trading mechanism is an important guarantee for enhancing the safe operation of green electricity direct connection projects and the large power grid under market conditions. From the perspective of adapting to system dispatching and management, the Notice proposes that new-type power load management systems or power dispatching automation systems should be connected separately based on the categories of services provided to the system. From the perspective of current policy requirements, green electricity direct connection projects that provide demand response should be connected to the new-type power load management system, while those participating in spot {{spot cargo}} or ancillary services, which have higher real-time requirements, should be connected to the power dispatching automation system. To better leverage the overall regulation capacity of green electricity direct connection projects, the Notice also proposes that dispatching agencies should issue dispatching plans in accordance with the power generation and consumption curves independently arranged by the projects. This means that under normal operating conditions, green electricity direct connection projects will receive dispatching instructions as a unified entity. III. Improving the Market Trading and Pricing Mechanisms for Green Electricity Direct Connection Projects 1. Clarifying the Market Trading Methods for Green Electricity Direct Connection Projects. Considering the uncertainty and intermittency of new energy output, promoting the participation of green electricity direct connection projects in power market trading plays a crucial role in enhancing the level of new energy consumption and utilization, improving the reliability of power consumption for green electricity direct connection projects, and fully leveraging their flexible regulation capabilities. To this end, the Notice explicitly proposes to promote the participation of green electricity direct connection projects in the market as a whole. Even if the power supply and load do not belong to the same investment entity, they can participate in power market trading in an aggregated form after registration, by referring to the virtual power plant model. At the same time, it is also explicitly stated that the project load should not be purchased on behalf of by power grid enterprises. 2. Clarifying the Price Settlement Mechanism for Green Electricity Direct Connection Projects. As a new model that promotes the local and nearby satisfaction of load demand with new energy, green electricity direct connection projects provide high-quality guarantees for users to achieve clean and low-carbon production and transformation development. However, under this development model, they should not evade their social responsibilities due to the nearby utilization of new energy by the load and the reduction of power purchased from the upper-level power grid. On the contrary, promoting their fair assumption of social responsibilities, just like other users, is more conducive to the orderly and sustainable development of green electricity direct connection projects. The Notice explicitly proposes that green electricity direct connection projects should pay transmission and distribution fees, system operation fees, policy-based cross-subsidies, government funds, and surcharges in accordance with regulations. (Fan Pengfei, President of the Energy Policy and Market Research Institute, China Electric Power Planning and Engineering Institute)

Recently, the National Development and Reform Commission (NDRC) and the National Energy Administration jointly issued the Notice on Promoting the Orderly Development of Direct Green Electricity Connection (hereinafter referred to as the Notice), which clarifies the specific requirements for developing direct green electricity connection projects from five aspects: scope of application, planning guidance, operation management, pricing mechanisms, and organizational safeguards. I. Defining the Scope of Application for Direct Green Electricity Connection In recent years, there have been preliminary explorations into direct green electricity connection both domestically and overseas. European countries such as Denmark, the Czech Republic, Estonia, Latvia, and Lithuania have successively introduced policies and regulations related to direct connection lines. In 2021, China's 14th Five-Year Plan for Renewable Energy Development proposed the construction of a batch of demonstration factories and parks for direct green electricity supply, as well as the implementation of high-proportion new energy demonstration projects for power generation, supply, and consumption. However, there is currently no unified and clear standard for the definition of direct green electricity connection both domestically and overseas. The Notice clearly defines the scope of application for direct green electricity connection, specifying that it refers to the supply of green electricity from new energy sources such as wind power, solar power, and biomass power to a single power user through direct connection lines without directly connecting to the public power grid. From a technical perspective, direct green electricity connection can be categorized into two types: grid-connected and off-grid. For grid-connected projects, the power supply should be connected to the user side at the property rights demarcation point between the user and the public power grid, ensuring that the entire project is connected to the public power grid as a whole. Compared with power supply forms such as the public power grid and various incremental distribution networks, direct green electricity connection projects enable clear physical traceability of the supplied electricity, better meeting enterprises' needs for green energy consumption and enhancing the local consumption of new energy. II. Strengthening the Management of Direct Green Electricity Connection Projects The development of direct green electricity connection projects involves multiple aspects such as planning, operation, and the market. To achieve an organic unity of systematicness, sustainability, and fairness, project management must be carried out in a solid and meticulous manner. The Notice sets out clear requirements in the aforementioned aspects. In terms of planning, firstly, it is necessary to distinguish between existing and incremental loads to standardize project construction requirements. This involves encouraging the construction of new energy projects alongside new loads, while also leaving policy windows for existing loads such as export-oriented enterprises with rigid carbon reduction needs and those supplied by captive power plants, fully reflecting the support for direct green electricity connection projects and the flexibility of the policies. Secondly, it is essential to strengthen overall planning to ensure orderly development, adhering to the principle of "one chessboard" for new energy development, energy and power, and territorial spatial planning. This includes clarifying the requirements for project connection voltage levels and mandating that projects be constructed and put into operation simultaneously according to an integrated plan. Thirdly, it is encouraged to promote the diversification of investment entities through model innovation. Support is given for different entities to invest in the power supply and load of direct green electricity connection projects, with the load serving as the primary responsible entity. Various business entities, including private enterprises (excluding power grid enterprises), are encouraged to invest in direct green electricity connection projects. In terms of operation, first, the operation mode of green electricity direct-connection projects will be determined based on the progress of market-oriented reforms. To fully leverage price signals to guide the optimized operation of green electricity direct-connection projects while minimizing the impact on the public power grid, the Notice specifies that the type and installed capacity of new energy power supplies will be determined in accordance with the principle of "determining the source based on the load." Only projects in regions where spot cargo operates continuously are allowed to feed electricity back to the public power grid. The upper limit of the proportion of the project's on-grid electricity to the total available power generation is generally not to exceed 20%. Considering electricity curtailment, the proportion of self-generated and self-consumed electricity to the available power generation should be no less than 60%. The proportion of self-generated and self-consumed electricity of the project to the total electricity consumption should be no less than 30%, and no less than 35% before 2030. Second, the internal resource coordination and optimization of green electricity direct-connection projects will be strengthened to enhance system friendliness. Internal resources should be observable, measurable, adjustable, and controllable, and connected to the load management system or power dispatching automation system as required, accepting the management of the corresponding dispatching agency. Grid-connected projects should fully enhance their flexible regulation capabilities through reasonable configuration of ESS, tapping into the potential for flexible load regulation, and other means, thereby minimizing system regulation pressure. In terms of the market, the direction of market-oriented reforms in the power sector will be adhered to, promoting grid-connected green electricity direct-connection projects to participate in the power market transactions as a whole. Green electricity direct-connection projects will enjoy equal market status, arrange production based on market transaction results, and settle accounts according to the exchange power with the public power grid. III. Clarify the Main Responsibilities of Relevant Parties in Each Link of Direct-Connection Projects Clarifying the economic, technical, and safety responsibility boundaries between green electricity direct-connection projects and the public power grid is a key link in supporting the development of green electricity direct-connection projects and achieving their implementation and operation. The Notice clearly defines the responsibility boundaries in accordance with the principles of safety priority and equal rights and responsibilities. In terms of economics, green electricity direct-connection projects are required to reasonably pay relevant fees, including transmission and distribution fees, system operation fees, policy-based cross-subsidies, government funds, and surcharges. Localities are not allowed to reduce or exempt relevant fees in violation of national regulations. In terms of technology, green electricity direct-connection projects should be equipped with various secondary equipment such as relay protection. The grid-related performance of internal facilities should meet relevant standards. The internal power generation, plant power consumption, self-generated and self-consumed electricity, ESS, and other gateways should have the conditions for separate and bidirectional metering. The public power grid should provide fair and non-discriminatory grid access services to projects that meet grid-connection conditions, using the project's access point as the reference point for metering and settlement, and conducting electricity bill settlement as required. In terms of safety, grid-connected green electricity direct-connection projects and the public power grid form a clear and definite safety responsibility interface based on the property rights demarcation point, with each party fulfilling its corresponding power safety risk management and control responsibilities within the safety responsibility interface. The green electricity direct connection project should strictly implement various safety production management measures, promptly carry out risk control and hidden danger investigation and governance, independently declare grid connection capacity based on the internal power balance situation, and ensure proper internal power generation and load regulation. The public power grid should fulfill its power supply responsibilities in accordance with the declared capacity of the project and relevant agreements.

In the long river of history, wires and cables, as the "blood vessels" of modern industry, have played a pivotal role in driving social progress. Since the dawn of electrification pierced the night of industrial civilization, these strands of wire have been like the pulse of the times, delivering vitality and vigor to the global economy. We are in the grand context of the Fourth Industrial Revolution, where emerging fields such as smart cities, NEVs, and 5G communications are rapidly evolving. As an indispensable infrastructure, the technological innovation and ecosystem construction of wires and cables are particularly urgent. To strengthen communication and cooperation among peers in the wire and cable industry and to respond to future industrial changes, it is essential to enhance collaborative exchanges within the industry chain, foster mutual understanding, and gain a more comprehensive understanding of relevant policy directions and market developments. SMM has joined hands with Hangzhou Lin'an Senyuan Cable Co., Ltd. to hold the "2025 SMM (3rd) Wire and Cable Industry Development Conference and Wire and Cable Industry Exhibition" at the DoubleTree by Hilton Suzhou Wuzhong on May 22-23, 2025 . The event will delve into the current status and future trends of the wire and cable industry, promoting cooperation and exchanges among related enterprises. We hope that this conference will fully leverage the complementary advantages within the industry, jointly promoting the healthy and sustainable development of the wire and cable sector. The conference will feature a series of high-quality forums and exhibitions, not only fostering deep cooperation across the industry chain but also aiming to drive continuous progress in the entire industry through technological innovation. We look forward to working hand in hand with our peers to map out the future development blueprint of the industry! Click registration form to sign up immediately, and we look forward to meeting you at the conference. Booth Number: B18 Focusing on the Cable Market, Shaping the Senyuan Brand Hangzhou Lin'an Senyuan Cable Co., Ltd. , established in 2004, has a registered capital of 30 million yuan. The company has two production sites located at No. 1661, Jiuzhou Street, Linglong Industrial Park, Lin'an District, Hangzhou, and No. 658, Xingyu Street, Linglong Industrial Park, Lin'an District, Hangzhou, with a total production area of 40,000 m² and over 380 employees. The company has passed ISO9001 quality management system, ISO14001 environmental management system, ISO45001 occupational health and safety management system certifications, and has been recognized as a third-level enterprise in safety production standardization. It has also been rated as a national high-tech enterprise and a specialized and innovative enterprise in Zhejiang Province. The company specializes in the production and R&D of wires, cables, and harnesses. Its main products include PVC insulated cables (wires), elevator-specific cables, highly flexible drag chain cables, industrial automation and control cables, low-voltage automotive cables, and elevator power supply and control system products.The cable products have been certified with the "Pin Zi Biao" (Quality Brand) of Made in Zhejiang. These products are widely used in industries such as power grid, escalators and elevators, new energy (PV, ESS), industrial control, and automotive. The company has a comprehensive R&D management system and a professional technical team, equipped with complete and advanced R&D hardware facilities. It has participated in the formulation of multiple product standards in the escalator and industrial control sectors, and holds 4 invention patents and over 40 utility model patents. The company has established an R&D center and a product laboratory, which have been successively recognized as municipal-level and provincial-level R&D centers in Hangzhou. The company has intelligent production lines, adopting advanced industry processes and high-precision equipment, and has established a full-process quality control system to ensure stable, safe, and reliable product performance. Equipped with professional detection equipment, it can conduct specialized tests on product bending resistance, bending and torsion resistance, tensile strength, weather resistance, and flame retardancy, providing solid guarantees for product reliability. The products have passed tests conducted by well-known domestic and overseas certification (testing) institutions, and have successively obtained CCC, CE, TUV, UL, and other certifications. The company has a comprehensive pre-sales and after-sales service system, enabling efficient and rapid responses to customer needs, and has been repeatedly awarded by strategic partners. Contact Person: Shuli Zhao Landline: 0571-63752302 Mobile: 136 0661 6932 Click here to participate immediately 2025 SMM (3rd) Wire and Cable Industry Development Conference SMM Conference Contact Person Lei Hu 137 6103 9625 hulei@smm.cn

With the rapid development of the global economy and advancements in science and technology, rare earth elements, as indispensable key materials in modern high-tech industries, are increasingly receiving significant attention from governments, enterprises, and scientific research institutions worldwide. The distribution of global rare earth resources is highly uneven, with China, as the largest producer and consumer of rare earths, playing a crucial role in supplying the global market. However, with increasingly stringent environmental protection policies and rising costs of resource extraction, the rare earth industry is facing major challenges in sustainable development and transformation and upgrading. Meanwhile, other countries are accelerating the development of rare earth resources and the layout of supply chains, striving to gain more influence and market share in this strategic industry. Against this backdrop, the 2025 SMM (2nd) Rare Earth Industry Forum will be held. The forum aims to gather the wisdom and strength of governments, enterprises, academia, and investors to jointly explore the future development trends, technological innovations, market dynamics, and policy environments of the rare earth industry. In-depth discussions will be held on these topics. It is expected that through this forum, all sectors can reach a consensus, jointly address the opportunities and challenges facing the rare earth industry, and promote the healthy and stable development of the industry. Leveraging the platform of the 2025 SMM (2nd) Rare Earth Industry Forum, we will jointly witness the new opportunities and challenges facing the rare earth industry, formulate strategies, work hand in hand, contribute to the sustainable development of the global economy, and shape a bright future for the rare earth industry. At this conference, North Zhongxin Antai New Materials (Inner Mongolia) Co., Ltd. will make a grand appearance. Along with peers from upstream and downstream of the rare earth industry, the company will engage in in-depth discussions on the pain points and challenges of industry development, jointly explore business opportunities for win-win cooperation, and discuss strategies to promote high-quality development of the industry. Click on the registration form to register immediately for the conference. Gather momentum, plan for the future, and embark on a new journey. We look forward to seeing you in Ningbo. The company is located at No. 3 Ruicheng Road, Rare Earth High-Tech Industrial Development Zone, Baotou City, Inner Mongolia. The Baotou Rare Earth High-Tech Industrial Development Zone is the only national-level high-tech zone named after rare earth resources in China and the only national-level high-tech zone in the Inner Mongolia Autonomous Region. Our company is situated in the core area of the Rare Earth Industry Application Park within this zone. The surrounding enterprises are all involved in the production, processing, and deep processing of rare earth metals, with strong capabilities in upstream and downstream process integration, smooth technology sharing and complementary mechanisms, and convenient transportation. (1) Product Structure and Production Line Overview The company mainly produces and operates various types of rare earth metals, including four categories: Pr-Nd alloy, lanthanum metal, cerium metal, and lanthanum-cerium alloy. Currently, the company has put into operation a 7,000 mt/year high-purity rare earth metal production line, which operates stably and smoothly. (2) R&D and Technology The company boasts a strong R&D team with comprehensive professional configurations and a reasonable age structure. It has established close industry-university-research cooperation relationships with scientific research institutions such as the Inner Mongolia Rare Earth Quality Supervision and Inspection Research Institute and the Baotou Rare Earth Research Institute. The R&D center has undertaken over 30 scientific research projects, all of which have been successfully implemented, resulting in 3 invention patents and 10 utility model patents. In 2019, the company developed seven technological achievements, including "Rare Earth Oxide Molten Salt Electrolysis," which were evaluated and identified by experts organized by the Chinese Society of Rare Earths. Three of these technologies were rated as domestically leading, and four were rated as domestically advanced. In August 2019, the company became a member unit of the National Rare Earth Standardization Technical Committee. It collaborated with the Baotou Rare Earth Research Institute to draft two industry standards, including "Lanthanum-Iron Alloy," five group standards, such as "Sintered NdFeB Permanent Magnet Materials for Motors," "Cerium Metal," and "Pr-Nd Alloy," and five enterprise standards, including "Lanthanum Metal," "Cerium Metal," and "Neodymium Metal." (3) Testing Center The company has established a testing center that serves as a base for R&D and talent cultivation. While meeting its own production testing and inspection needs, it also provides testing and inspection services for other rare earth enterprises. The testing results are accurate and comprehensive, making it a benchmarking unit among similar rare earth enterprises. In addition, the testing center is equipped with advanced testing equipment from both domestic and overseas sources. Among them, the rapid testing instrument undertakes the testing tasks for all metal products of the company and can issue testing results within 30 seconds. Company Advantages (1) Regional Advantages: Baotou City's advantages in rare earth metal production lie in two aspects. On one hand, Baotou has unique resource advantages, being a world-class rare earth mineral resource production area. Its rare earth ore reserves account for 56% of the world's total and 80% of China's total. On the other hand, Baotou's rare earth industry has developed for over four decades, with a relatively complete industrial system and significant cluster effects. Its unique resource endowments and mature technological accumulation have contributed to Baotou City's prominent competitive advantages in the rare earth industry. (2 ) Industrial Advantages: As a national strategic resource, rare earths possess monopolistic advantages. Stringent access thresholds have been set in mining, separation, deep processing, and application, providing tailored protection for the industry's development. From the outset of establishing the development zone, Baotou positioned itself as a "national-level" rare earth development zone, aiming to be a material science, processing science, and applied science cluster that influences the world, human survival patterns, and national strategic directions. Therefore, the transformation and upgrading by economic and information technology departments, R&D innovation by science and technology departments, clean emissions by environmental protection departments, and preferential policies by tax departments all provide support. Each enterprise entering the park can receive a one-on-one service model from government departments. (3) Corporate Advantages ① The company was merged into China Northern Rare Earth in July 2024, becoming a holding subsidiary of China Northern Rare Earth. This ensures a stable supply of raw materials and also steadily improves the quality of raw materials, thereby further guaranteeing the company's product quality. ② The government provides preferential electricity prices for rare earth enterprises in terms of electricity usage. In March 2018, the company was approved by the Inner Mongolia Industry and Information Technology Department to participate in the quarterly bidding in the Inner Mongolia Power Multilateral Trading Market, enjoying strategic new industry electricity policy support. This gives the company a more advantageous position in terms of electricity costs for rare earth metal processing compared to the southern region. (4) Operating Performance: The company was established in January 2017 and acquired "Baotou Weilinna New Materials Technology Co., Ltd." through equity acquisition. After more than a year of intensive construction, it commenced production in April 2018. Within three years of its establishment, the company achieved rapid development, continuously upgrading from a "small" to a "medium" and then to a "large" scale enterprise. (5) Product Quality: Quality is the lifeblood of a company's survival and development. From the outset of production, the company conducted comprehensive quality management training for all employees, controlling various aspects such as "personnel, machinery, materials, methods, and environment." In high-purity series rare earth metals and alloy products, it can achieve carbon content (6) Safety and Environmental Protection: The company adheres to the philosophy of "high-standard planning and design, high-standard construction and management." In terms of safety, the company has established a safety work leading group and a safety committee, implementing a safety production responsibility system, and formulating safety management systems, safety archives for key units, and emergency evacuation drill plans in accordance with safety standards. In terms of environmental protection, the company adopts all domestically advanced, environmentally friendly, and technologically advanced production processes and equipment, with environmental pollutant emission values being among the lowest in the industry. A new circulating cooling system provides cooling conditions for equipment in the rare earth alloy manufacturing workshop. The waste gas fluoride treatment system uses a three-stage spray, two-stage backwash, and one-stage cyclone plate method. The treatment system is externally connected to a circulating water pool, with all cooling water being recycled and not discharged. There is no production water usage in the NdFeB workshop, truly achieving zero industrial water discharge. In addition, by utilizing the waste heat from the circulating water inside the electrolytic furnace cover, the company realizes internal heating for all buildings in the plant area during winter, achieving energy conservation and emission reduction. (7) Financial Management: From its inception, the company has hired tax experts and accounting experts as senior executives to conduct comprehensive financial planning and establish a sound financial management system. The company's accounting, financial management, and tax management are all carried out in accordance with the standards of publicly listed firms, ensuring accurate, comprehensive, and timely financial data, and establishing a solid financial foundation for the company's long-term development. (8) Cultural Construction: The company has established a labor union organization to regularly carry out work in safeguarding the legitimate rights and interests of employees, transmitting the company's management philosophy, and communicating the demands between the company and employees, achieving the results of "people-oriented, harmonious win-win." Corporate culture is the spiritual guide for the company's development. Since 2018, the company has published a corporate newsletter, with over 30 issues having been edited and printed since its inception. The establishment of the newsletter has created a platform for the company to convey its cultural philosophy and also provided a good platform for employees to understand the company's development, keep abreast of industry trends, and showcase their personal talents. In addition, the company occasionally holds various cultural and sports team activities, which not only enrich employees' cultural lives, enhance their sense of happiness in the enterprise, but also strengthen their cohesion and corporate responsibility. (9) Corporate Honors: In February 2018, the company was designated as a "Pilot Unit for the Transformation and Upgrading of the Rare Earth Industry" by the Ministry of Industry and Information Technology and received financial support for rare earth industry transformation and upgrading projects. In April 2018, it was awarded the Rare Earth High-Tech Zone Key Project Support Fund. In 2019, the company was rated as a national-level high-tech enterprise by the Ministry of Science and Technology and the Ministry of Finance. Our company is a member unit of the National Rare Earth Standardization Technical Committee, a council member unit of the Chinese Society of Rare Earths, a backbone member unit of the Baotou Rare Earth Industry Alliance, an off-campus practical teaching base for the Metallurgical Engineering Excellence Program of Inner Mongolia University of Science and Technology, and a "Green Channel" enterprise in the Rare Earth High-Tech Zone. The company owns the "Zhongxin Antai" trademark. Looking Ahead 1. Expand Production Scale The company is currently constructing an 8,000 mt/year rare earth metal and alloy project, with a planned total investment of 93.2232 million yuan and an additional capacity of 8,000 mt. Upon completion, the annual production capacity will reach 15,000 mt, making it the top rare earth metal enterprise in the surrounding area in terms of capacity. 2. Enrich Product Structure To further expand market share, the company will continuously optimize its product structure and expand into medium and heavy rare earths based on its existing product structure. It plans to add metal and alloy products such as gadolinium-iron alloy, aiming to create a rare earth metal enterprise with a comprehensive product coverage. 3. Automation Construction The company plans to implement technological transformations for "machine substitution" in the rare earth metal production line, aiming to achieve full-process "machine substitution" in rare earth metal production, including automatic feeding, furnace unloading, intelligent detection, automatic sorting and packaging, and full-process material handling. With a keen global perspective, the company adheres to the development philosophy of revitalizing the enterprise through science and technology and achieving win-win cooperation. Guided by the value concepts that have been continuously cultivated, the company will gradually fulfill the shared responsibilities of individuals, enterprises, society, and the country, realizing the shared prosperity of corporate and social interests. Contact Information Li Xin 13304723535 Wang Zhenxin 18586166986 Long press to scan the QR code and register immediately 2025 SMM (2nd) Rare Earth Industry Forum