Battery - Tianqi Automation Engineering Co., Ltd. has signed a 10-year strategic cooperation framework agreement with Yiwei Lithium Energy to establish a closed-loop system for lithium battery manufacturing, application, reverse recycling, and regeneration, enhancing the resilience of the industry chain and promoting sustainable development [2][3] - BYD's battery installation total for August reached 23.175 GWh, with a cumulative installation of approximately 180.051 GWh by August 2025. The production of new energy vehicles in August was 353,090 units, with a cumulative production of 2,808,015 units, reflecting a year-on-year growth of 21.04%. Sales for August were 373,626 units, with a cumulative sales figure of 2,863,876 units, showing a year-on-year increase of 23% [4] Materials - The lithium battery ternary precursor project in Tongling, Anhui, has entered full-line trial production, with a total planned investment of 10 billion yuan. The project aims to achieve an annual production of 20,000 tons of lithium-ion battery ternary precursor materials and 10,000 tons of cobalt oxide, with an expected annual output value of 3 billion to 4 billion yuan [6] Overseas - Indian company Ashok Leyland announced a significant investment in the development and manufacturing of next-generation batteries for automotive and non-automotive applications, totaling over 50 billion rupees (approximately 5.714 billion USD), aimed at establishing a localized battery supply chain in India [9] - The JSW Group in India is in discussions with several Chinese companies regarding electric vehicle battery projects, seeking expertise and technology for its lithium-ion battery project, with an initial target capacity of 10 GWh focused on battery energy storage systems [10] - The market share of South Korea's three major battery companies (LG Energy, SK On, and Samsung SDI) has decreased by 4.5 percentage points year-on-year to 16.7%, while China's CATL remains the largest market player with a global market share of 37.5% [10][11]

Group 1: Company News - China Shipbuilding announced that the A-shares of China Heavy Industry will be delisted on September 5, 2023, due to voluntary termination of listing, and will not enter the delisting transition period [4] - Guizhou Moutai's controlling shareholder increased its stake by 67,821 shares on September 1, 2023, representing 0.0054% of the total share capital, with an investment amount of 100 million yuan [4] - BYD reported August sales of 373,600 new energy vehicles, slightly up from 373,100 units in the same month last year [3] - SAIC Motor's August vehicle sales reached 363,400 units, a year-on-year increase of 41.04% [3] - Great Wall Motors sold 115,600 vehicles in August, marking a year-on-year growth of 22.33% [3] - China FAW sold 277,800 vehicles in August, up 3.7% year-on-year [4] - Beijing Electric Vehicle Co., a subsidiary of BAIC Blue Valley, reported sales of 13,500 vehicles in August, a year-on-year increase of 3.47% [4] - Industrial Fulian announced a share buyback of 7.6974 million shares, accounting for 0.04% of the total share capital, with a total expenditure of 147 million yuan [4] - Su Dawei plans to acquire up to 51% of Changzhou Weipu Semiconductor Equipment Co., with an estimated total valuation of the target company not exceeding 1 billion yuan [5] - Tianqi Co. signed a strategic cooperation framework agreement with EVE Energy to build a closed-loop system for lithium battery lifecycle management [5] - Yonghui Supermarket adjusted its fundraising plan for 2025, reducing the total amount from 3.992 billion yuan to 3.114 billion yuan [5] Group 2: Industry News - The Shanghai Futures Exchange will expand the trading scope for qualified foreign institutional investors starting September 10, 2023, adding several commodity futures and options contracts [1] - The China Banking Association reported that by the end of 2024, there will be 67 financial leasing companies with total assets and leasing assets reaching 4.58 trillion yuan and 4.38 trillion yuan, respectively, reflecting year-on-year growth of 9.65% and 10.24% [1][2] - The biopharmaceutical market in China has become the second largest globally, with approximately 30% of the world's innovative drugs under research [2]

Core Viewpoint - The strategic cooperation agreement between Tianqi Co., Ltd. and Huizhou EVE Energy Co., Ltd. aims to establish a comprehensive closed-loop system for lithium battery manufacturing, application, reverse recycling, and regeneration, promoting sustainable development in the lithium battery industry [1] Group 1: Strategic Cooperation - The agreement is based on a shared consensus for low-carbon and sustainable development in the global lithium battery industry, focusing on resource sharing, technological collaboration, and market interaction [1] - Both companies will work together to create a global reverse supply chain system for lithium batteries, emphasizing a differentiated pricing mechanism for recycled materials to enhance market recognition of their green value [1] Group 2: Global Expansion and Market Position - The company is actively implementing a global strategy for lithium battery recycling, with established networks and crushing capacities in regions such as Japan, South Korea, Southeast Asia, and Europe, expecting a significant increase in the proportion of overseas recycled battery waste by the second half of 2025 [1] - The cooperation is expected to enhance the company's long-term market share in the global lithium recycling sector, especially in light of the EU's new battery regulations and the domestic policy changes regarding the import of recycled black powder [1]

Core Viewpoint - Tianqi Co., Ltd. has signed a strategic cooperation framework agreement with Huizhou EVE Energy Co., Ltd. to establish a closed-loop system for lithium battery manufacturing, application, reverse recycling, and regeneration [1] Group 1: Strategic Cooperation - The agreement aims to jointly build a comprehensive closed-loop system for the entire lifecycle of lithium batteries [1] - The collaboration focuses on enhancing the recycling network layout, efficient sorting, and regeneration processes within the reverse supply chain [1] Group 2: Industry Impact - The initiative is expected to improve the resilience of the industry chain and lead the green sustainable development of the sector [1]