Core Viewpoint - The "Nonferrous Metal Industry Stabilization and Growth Work Plan (2025-2026)" outlines key objectives for the industry to achieve stable growth and high-quality development in the face of external challenges [1][2]. Group 1: Industry Growth Targets - The nonferrous metal industry aims for an average annual value-added growth of around 5% from 2025 to 2026, with a 1.5% annual increase in the production of ten major nonferrous metals [2]. - The industry has seen significant improvements in operating performance, with profits exceeding 300 billion yuan annually since the 14th Five-Year Plan began, reflecting a 16.6% average annual growth [2]. Group 2: Resource Development and Innovation - The plan emphasizes efficient resource utilization and technological innovation to enhance high-end supply capabilities and create new demand [1][2]. - The Ministry of Natural Resources has announced a geological exploration investment of 115.994 billion yuan for 2024, marking four consecutive years of positive growth [2]. Group 3: Market Outlook and Production Capacity - The copper market is expected to remain in a growth cycle, driven by global supply shortages and rising copper prices, with companies like Shengtu Mining targeting a 50% increase in copper production capacity by the end of 2025 [3]. - The plan includes a focus on the strategic importance of resource recovery, aiming for a recycling metal output of over 20 million tons by 2025-2026 [5]. Group 4: Strategic Resource Recovery - Resource recovery has become a strategic priority, with a focus on the recycling of metals like copper, which has a historical recovery rate of 30% of total demand [6]. - Companies are expanding their operations to include recycling processes, with Tianqi Lithium establishing a tantalum-niobium recycling demonstration line [6]. Group 5: High-End Product Development - The industry is shifting from quantity expansion to quality enhancement, with a focus on high-end products such as high-purity gallium and solid-state battery materials [4][7]. - Companies are encouraged to collaborate on technology development and application verification to drive innovation in high-end materials [8].

Core Viewpoint - The establishment of Hebei Haobo Hongyuan Recycling Co., Ltd. indicates a growing focus on the recycling and utilization of renewable resources, particularly in the context of electric vehicle battery recycling and other metal recovery operations [1] Company Summary - Hebei Haobo Hongyuan Recycling Co., Ltd. has been recently established with a registered capital of 10 million RMB [1] - The legal representative of the company is Dou Xiaofei [1] - The company’s business scope includes general projects such as recycling of renewable resources (excluding production waste metals), sales of renewable resources, and recovery of used electric vehicle batteries [1] Industry Summary - The company is involved in various recycling activities, including the recovery of agricultural machinery, sales of metal materials, and sales of plastic products [1] - It also engages in the sales of high-performance non-ferrous metals and alloys, as well as metal ores [1] - The company is permitted to conduct building demolition operations (excluding blasting operations), subject to relevant approvals [1]