The 2025 2nd SMM Southeast Asia Automotive Supply Chain Conference was successfully held, featuring the on-site launch of 10 new car models, Southeast Asia brand strategies from three automakers, and SMM's local steel prices in Thailand. The event facilitated efficient matchmaking between 12+ buyers and 60+ suppliers, and preliminarily established a communication platform for the entire industry chain of Southeast Asian automotive. Currently, the NEV industry in Southeast Asia is entering a critical development phase. Thailand, Indonesia, and Vietnam each have their own strategic layouts and breakthroughs, while the industry also faces challenges such as supply chain restructuring, competition over technology roadmaps, and localization compliance. Thanks to the support of all parties, SMM's local pricing systems in Thailand and Indonesia have been implemented and adopted by core enterprises, establishing a credible cost benchmark for the industry. The 2026 3rd Conference will focus on three core themes: exploring the NEV auto sales potential in Southeast Asia; connecting the last mile of the supply chain and integrating regional industry chain resources; and advancing SMM's Southeast Asia metal pricing from a price reference to a transaction benchmark, implementing electrification material procurement applications, and establishing an executable pricing system. We firmly believe that true progress comes from turning consensus into action. At this conference, BEST cordially invites you to gather again in Bangkok to transform strategic blueprints into market competitive advantages, to witness and participate in this extraordinary and far-reaching industry event, and to co-create a brilliant new chapter! Click the to register now. Booth No.: B04 BEST was established in 1997 and listed on the ChiNext Board of the Shenzhen Stock Exchange in 2017. As a national high-tech enterprise with 1,400 employees, it has been deeply engaged in the precision manufacturing field for nearly 30 years. Its three core businesses include: precision parts for traditional automobiles, high-end tooling and fixtures, and intelligent equipment; core components for NEVs, hydrogen fuel cells, energy storage, and liquid cooling for computing centers; and high-precision linear motion functional components for industrial machine tools and humanoid robots. Wuxi Best Precision Machinery Co., Ltd., established in 1997 and listed on the Shenzhen in 2017, is a national high-tech enterprise with 1,400 employees. It has been deeply involved in the precision manufacturing field for nearly 30 years. Its main businesses include three core areas: precision parts for traditional automobiles, high-end tooling and fixtures, and intelligent equipment; core components for new energy vehicles, hydrogen fuel cells, energy storage, and liquid cooling for computing centers; and high-precision linear motion functional components for industrial machine tools and humanoid robots. The company has three major production sites in Wuxi, Anhui, and Thailand, achieving large-scale R&D and mass production. It possesses a fully vertical industry chain encompassing mold making, casting, and machining, with annual revenue exceeding 1.5 billion yuan. Its clients include globally renowned enterprises such as Garrett, Cummins, and BMW. In 2024, it established BYH New Technology Co., Ltd. in the AMATA Industrial Park (Phase II) in Chonburi, Thailand, covering an area of 80,000 m², specializing in precision casting and machining. The company has three major production sites in Wuxi, Anhui, and Thailand, achieving large-scale R&D and mass production. It possesses a fully vertical industry chain encompassing mold making, casting, and machining, with annual revenue exceeding 1.5 billion yuan. Its clients include globally renowned enterprises such as Garrett, Cummins, and BMW. In 2024, it established BYH New Technology Co., Ltd. in the AMATA Industrial Park (Phase II) in Chonburi, Thailand, covering an area of 80,000 m², specializing in precision casting and machining. Main Products Leveraging its mature processes, comprehensive quality control, and intelligent workshops, the company provides customized products and intelligent manufacturing solutions. It sincerely invites clients from all sectors to discuss cooperation and achieve win-win development! Leveraging its mature processes, comprehensive quality control, and intelligent workshops, the company provides customized products and intelligent manufacturing solutions. It sincerely invites clients from all sectors to discuss cooperation and achieve win-win development! Contact Information Contact Contact Us Yan Caowei 15618581967

LG Energy Solution announced on May 19 that it signed a memorandum of understanding (MOU) with Honda and the city of Hanoi to cooperate on building public battery swapping stations for electric two-wheelers. Starting in the third quarter of this year, the parties will build around 50 battery swapping stations in major areas of Hanoi and introduce 500 electric two-wheelers to begin the demonstration project.

SMM News Flash: [India] Indian SAE1006 HRC export offers to Vietnam increased by 10 USD/tonne to around 590 USD/tonne CFR for June shipments. Market participants reported that two Indian-origin cargoes were concluded at an average of 580 USD/tonne CFR Vietnam over the past two weeks, indicating improving buyer acceptance. Regional market sentiment showed signs of stabilization, with buying interest from Vietnam gradually recovering.

Data from the online customs statistics query platform showed that China's copper cathode imports in April 2026 totaled 315,798.48 mt, up 13.04% MoM and up 5.20% YoY. China imported 147,428.95 mt of copper cathode from the DRC in April, up 48.72% MoM and up 29.56% YoY. China imported 24,309.19 mt of copper cathode from Russia in April, down 51.38% MoM and down 4.86% YoY. Export side, China's copper cathode exports in April 2026 totaled 25,605.82 mt, down 56.01% MoM and down 67.05% YoY. China exported 8,545 mt of copper cathode to Thailand in April, down 10.06% MoM and down 33.74% YoY. Below is a breakdown of export data compiled from the General Administration of Customs website: Destination April 2026 (mt) MoM YoY Thailand 8545.00 -10.06% -33.74% Taiwan, China 6495.34 -68.73% 4.84% Vietnam 4066.94 -72.57% -60.37% Malaysia 3098.77 -29.13% 674.63% Indonesia 1998.63 42.45% 566.47% South Korea 551.42 -88.92% -93.31% Bangladesh 499.78 -1.00% - Pakistan 199.94 -63.55% -19.91% Singapore 149.97 - -92.11% UK 0.02 63.64% 260.00% Total 25605.82 -56.01% -67.05% Data source: General Administration of Customs (Wenhua Comprehensive)

Data from the online customs statistics query platform showed that China's imports of tin ore and concentrates in April 2026 totaled 15,720.18 mt, down 15.04% MoM and up 59.25% YoY. China imported 5,677.67 mt of tin ore and concentrates from Myanmar in April, down 22.17% MoM and up 139.38% YoY. China imported 2,879.89 mt of tin ore and concentrates from the DRC in April, up 8.84% MoM and up 3.11% YoY. Exports side, China's exports of tin ore and concentrates in April 2026 totaled 0.01 mt, up 22.22% MoM and up 450.00% YoY. China exported 0.01 mt of tin ore and concentrates to the Netherlands in April, up 250.00% MoM. China exported 0 mt of tin ore and concentrates to the UK in April, down 42.86% MoM and up 100.00% YoY. Below is a breakdown of import data compiled from the General Administration of Customs website: Origin April 2026 (mt) MoM YoY Myanmar 5,677.67 -22.17% 139.38% DRC 2,879.89 8.84% 3.11% Bolivia 2,427.32 -33.01% 198.42% Australia 1,263.60 -19.51% -16.57% Nigeria 1,239.55 -4.85% 14.34% Russia 527.7 689.53% - Malaysia 460.99 89.71% 98.18% Rwanda 263.55 -10.85% 162.18% Laos 162.38 -59.02% 205.02% Vietnam 156.88 139.38% -30.82% Kyrgyzstan 149.38 -15.84% -33.90% Venezuela 143.56 -61.86% 16.64% Brazil 120.39 -31.04% - Thailand 74.34 180.57% 955.38% Colombia 58.8 25.68% 7.08% Indonesia 44.83 -52.31% -51.07% Burundi 26.48 - - Tanzania 23.96 193.87% -50.07% Zambia 17.77 -46.28% -40.09% North Korea 1.16 - - Total 15,720.18 -15.04% 59.25% Data source: General Administration of Customs Below is a breakdown of export data compiled from the General Administration of Customs website: Destination April 2026 (mt) MoM YoY Total 0.01 22.22% 450.00% Data source: General Administration of Customs (Wenhua Consolidated)

Data published on the online customs statistics query platform showed that China's refined tin imports in April 2026 were 2,801.99 mt, down 14.77% MoM and up 148.41% YoY. China imported 2,308.09 mt of refined tin from Indonesia in April, up 6.39% MoM and up 124.43% YoY. China imported 200.07 mt of refined tin from Peru in April, down 61.93% MoM. Export side, China's refined tin exports in April 2026 were 2,109.01 mt, down 3.76% MoM and up 28.85% YoY. China exported 279.51 mt of refined tin to South Korea in April, down 1.96% MoM and down 20.42% YoY. Below is a breakdown of export data compiled from the General Administration of Customs website: Destination April 2026 (mt) MoM YoY Hong Kong, China 1,010.22 -18.14% 2,435.70% South Korea 279.51 -1.96% -20.42% India 199.52 - 59.85% Japan 149.45 3.34% -55.34% Vietnam 140.05 22.86% 168.67% Spain 75.28 - - Malaysia 69.69 -43.99% 12.04% Poland 49.95 - 99.29% Thailand 47.88 -46.62% -61.96% Singapore 41.25 65.94% 104.82% Taiwan, China 29.75 -80.78% -84.31% Nigeria 8.06 1.03% 0.60% Philippines 4.96 - -1.51% Tanzania 2 - - Ghana 1 - - Myanmar 0.38 - - Tunisia 0.04 - - US 0.03 -44.68% - Total 2,109.01 -3.76% 28.85% Data source: General Administration of Customs (Wenhua Comprehensive)

【SMM Analysis: Enterprises Actively Expanding Outside China Combined with Demand Boost Led to Significant MoM Increase in Copper Wire Rod Exports in April】Total exports of copper wire rod (HS codes 74081100 and 74081900) increased MoM in April, showing growth both YoY and MoM. The specific data are as follows: ...

[SMM Analysis]Unwrought Aluminum Alloy Exports Surged 180% YoY in April, Imports Clearly Under Pressure

According to the latest customs data, China imported 2,574 mt of die-cast zinc alloy in April 2026, down 20.79% month-on-month. From January to April 2026, China's cumulative imports of die-cast zinc alloy reached 10,636 mt, down 27.96% year-on-year.

Overall outlook: Through the strategic shift of order focus toward Southeast Asia and Europe, China's prebaked anode exports are expected to effectively mitigate the downside risks from the Middle Eastern market, with the market structure's risk resilience continuing to strengthen. Full-year exports in 2026 are expected to maintain robust growth, and regional diversification is expected to deepen further.