天眼查App显示，近日，乐山锂能新能源有限公司成立，法定代表人为谢秀林，注册资本50万人民币， 经营范围为一般项目：太阳能热发电产品销售；蓄电池租赁；电池销售；电子、机械设备维护（不含特 种设备）；共享自行车服务；摩托车及零部件研发；摩托车及零配件零售；日用产品修理；日用家电零 售；电子产品销售；五金产品批发；电动自行车维修；技术服务、技术开发、技术咨询、技术交流、技 术转让、技术推广；机械设备销售；五金产品零售。（除依法须经批准的项目外，凭营业执照依法自主 开展经营活动）（涉及国家规定实施准入特别管理措施的除外）。 ...

国际社会高度关注《联合国气候变化框架公约》第三十次缔约方大会（COP30），希望大会成果能为下 一个十年的全球气候治理指明方向。作为全球气候治理关键引领者，中国落实2030年国家自主贡献取得 显著成效，并宣布2035年国家自主贡献，覆盖全经济范围、包括所有温室气体，首次提出绝对量减排目 标。外国媒体近期积极报道中国绿色产业发展成效、中外绿色合作成果，以及中国对全球应对气候变化 的贡献，认为中国言必信、行必果，未来将加快经济社会发展全面绿色转型，积极稳妥推进和实现碳达 峰，为应对气候变化作出更大贡献。 "绿色增长成为中国经济的一大亮点" 美国《纽约时报》网站报道说，巴西总统卢拉在COP30开幕式上乘坐环保座驾抵达会场——这款汽车由 中国车企比亚迪生产，峰会开幕式负责接送各国代表团的车队也是这款汽车。报道认为，巴西选择中国 电动汽车作为接送各国领导人的官方交通工具，向外界传递了明确信号：在推动交通领域转型与经济变 革的进程中，这个拉美最大国家将目光投向中国。 南非《独行者日报》说，中国在全球能源转型进程中处于领先地位，已建成了全球最大、发展最快的可 再生能源体系，发展成为全球最大的新能源汽车市场。"中国形成了全球 ...

"绿色增长成为中国经济的一大亮点" 美国《纽约时报》网站报道说，巴西总统卢拉在COP30开幕式上乘坐环保座驾抵达会场——这款汽车由 中国车企比亚迪生产，峰会开幕式负责接送各国代表团的车队也是这款汽车。报道认为，巴西选择中国 电动汽车作为接送各国领导人的官方交通工具，向外界传递了明确信号：在推动交通领域转型与经济变 革的进程中，这个拉美最大国家将目光投向中国。 南非《独行者日报》说，中国在全球能源转型进程中处于领先地位，已建成了全球最大、发展最快的可 再生能源体系，发展成为全球最大的新能源汽车市场。"中国形成了全球最大、最完整的新能源产业 链，提供了世界大部分的光伏组件和风电装备，可再生能源装机规模持续扩大，绿色增长成为中国经济 的一大亮点。"文章写道，近年来，中国与非洲国家在太阳能、风能、水电和生物质能项目上开展合 作，支持非洲各国能源转型。 巴西《论坛》杂志网站刊文说，今年9月，中国宣布新一轮国家自主贡献，"凭借创纪录的装机容量、极 具竞争力的成本以及长远的目标，中国作为全球清洁能源强国的地位得到巩固，并激励其他国家共同追 求更可持续的未来"。 国际社会高度关注《联合国气候变化框架公约》第三十次缔约方大会（ ...

天眼查App显示，近日，苏州能量感新能源有限公司成立，法定代表人为谢昌文，注册资本2万人民 币，经营范围为一般项目：新兴能源技术研发；蓄电池租赁；电池销售；机动车充电销售；充电控制设 备租赁；集中式快速充电站；充电桩销售；电动汽车充电基础设施运营；电池零配件销售；太阳能热利 用产品销售；物联网设备销售；物联网技术服务；物联网应用服务；照明器具销售；新能源汽车换电设 施销售；新能源汽车电附件销售；电动自行车销售；租赁服务（不含许可类租赁服务）；助动自行车、 代步车及零配件销售；共享自行车服务（除依法须经批准的项目外，凭营业执照依法自主开展经营活 动）。 ...

天眼查App显示，近日，东莞市正利兴物资贸易有限公司成立，注册资本100万人民币，经营范围为一 般项目：电池销售；新能源汽车废旧动力蓄电池回收及梯次利用（不含危险废物经营）；生产性废旧金 属回收；蓄电池租赁；金属废料和碎屑加工处理；塑料加工专用设备制造；电线、电缆经营；纸制品销 售；电子产品销售；环保咨询服务；再生资源回收（除生产性废旧金属）；文具用品批发；办公设备销 售；劳动保护用品销售；包装材料及制品销售；五金产品制造；消防器材销售；塑料制品制造；塑料制 品销售；金属制品销售；旧货销售。（除依法须经批准的项目外，凭营业执照依法自主开展经营活 动）。 ...

Group 1: Economic Transition Insights - China is in a critical phase of economic transition, where the shift from old to new growth drivers is essential for overcoming growth bottlenecks and achieving high-quality development[1] - By 2027, emerging industries are expected to surpass traditional industries in terms of value added, with a projected value of approximately CNY 17.5 trillion for old industries and CNY 14.3 trillion for new industries in 2024[2] - The financial restructuring accompanying industrial transformation has been effective, with the non-performing loan ratio of major banks remaining stable compared to the previous transition period (1998-2002) when it exceeded 25%[2] Group 2: Employment and Structural Changes - Emerging industries have limited direct employment absorption capacity, with the construction industry employing between 12 to 20 million people, significantly outpacing the 6 million in high-tech manufacturing sectors[2] - The service sector's employment share is expected to structurally increase, which may take a longer time to address structural employment issues[2] - The transition from old to new economic drivers is characterized by a gradual shift in employment dynamics, requiring the widespread adoption of new business models and scenarios[2] Group 3: Industry Development Trends - Key emerging sectors such as semiconductors, software development, and maritime equipment are identified as future pillars of the economy, transitioning from "technological breakthroughs" to "commercial realization" phases[3] - The analysis of export comparative advantage indicates significant potential in sectors like optical instruments and chip manufacturing, which are crucial for national strategic goals[3] - The industrial lifecycle analysis shows that industries like software development and gaming are in a growth phase, with capital expenditure focused on technological upgrades and revenue growth[3]

Core Insights - During the "Double 11" shopping festival, Tuhu Car Service reported significant sales growth across various product categories, including tires, engine oil, batteries, and accessory belts [1] Sales Performance - Tire sales reached a peak of over 500,000 units in a single day [1] - The number of users purchasing new energy vehicle batteries increased by 137% year-on-year [1] - Sales of domestic brand batteries saw a 97% year-on-year increase in user transactions [1] - Accessory belt transactions experienced a remarkable growth of 191% [1] Store Expansion - Tuhu Car Service opened new workshop stores, with user numbers increasing by over 700% compared to the previous period during "Double 11" [1] - The company expanded its store presence in major cities, achieving a "single city with 100 stores" strategy in 20 cities, including Shanghai, Beijing, Guangzhou, Wuhan, Chengdu, Suzhou, Shenzhen, Chongqing, and Hangzhou [1] - Specific store counts include over 400 in Shanghai, over 300 in Beijing, and over 200 in Guangzhou, Wuhan, Chengdu, and Suzhou [1]

Core Insights - The consumption willingness of car owners in China continues to strengthen during the 2025 Double 11 shopping festival, leading to robust market performance in the automotive aftermarket [1] - Tuhu Car Maintenance reported record-breaking performance during Double 11, achieving new highs in order volume and store revenue, significantly outperforming the industry [1] Group 1: Sales Performance - Tuhu Car Maintenance experienced explosive growth across all product categories, with significant increases in sales of major tire brands, engine oils, batteries, and accessory belts [1] - During the initial sales period, tire sales increased by 170% year-on-year, international brand engine oil sales rose by 140%, domestic brand engine oil sales surged by 210%, and sales of new energy vehicle maintenance products grew by 120% [1] - The highest single-day tire sales reached over 500,000 units, with the number of users trading new energy vehicle batteries increasing by 137% year-on-year and domestic battery trading users rising by 97% [1] Group 2: Store Operations and Expansion - Tuhu Car Maintenance's new workshop stores saw user numbers increase by over 700% during Double 11, achieving profitability from the outset [2] - The company has expanded its store network significantly, with over 100 stores in 20 major cities, including Shanghai, Beijing, and Guangzhou, among others [2] - Tuhu Car Maintenance has established itself as the preferred brand for car maintenance among vehicle owners and as a top choice for automotive service franchises due to its high-quality products and reliable services [2]

Core Insights - The report by Zhiyan Consulting highlights the competitive landscape and development potential of the lithium-ion battery industry in China from 2025 to 2031 [1] Import and Export Data - In September 2025, China imported 104 million batteries, marking a year-on-year increase of 38.9%, with an import value of $235 million, which represents a slight decline of 0.2% year-on-year [1] - In the same month, China exported 457 million batteries, showing a year-on-year growth of 14.3%, with an export value of $7.354 billion, reflecting a significant increase of 32.1% year-on-year [1] Industry Analysis - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in in-depth industry research reports, business plans, feasibility studies, and customized services [1] - The firm emphasizes its commitment to providing comprehensive industry solutions to empower investment decisions through professional insights and market acumen [1]

Report Industry Investment Rating No relevant content provided. Core Viewpoints of the Report - As the lead price surges, the profits of smelters, especially secondary lead enterprises, have been significantly restored, and the supply shortage problem may be improved. Meanwhile, the high lead price suppresses the downstream purchasing enthusiasm, so the risk of the lead price rising and then falling is relatively large. Attention should be paid to the support level of 17,000 - 17,100 yuan/ton [2]. Summary According to the Directory 1. Market Review - SMM1 lead ingot average price increased by 2.37% month - on - month to 17,300 yuan/ton; the closing price of the main Shanghai lead contract increased by 3.05% to 17,595 yuan/ton; the LME lead closing price (electronic disk) rose by 2.28% to 2,016.5 US dollars/ton [13]. - The domestic lead concentrate processing fee remained flat month - on - month at 350 yuan/metal ton, and the imported lead concentrate processing fee decreased month - on - month to - 125 US dollars/dry ton. The expectation of tight ore supply remained unchanged, and the TC quotation was stable with a weakening trend. The smelter's profit rebounded, and as of October 17, the smelter's profit (excluding by - product revenues such as zinc and copper) was - 133.7 yuan/ton [31]. 2. Primary Lead - The primary lead operating rate increased month - on - month to 67.57%. The production of some refineries that resumed production was lower than expected, resulting in a phased supply shortage [2][32]. - The weekly production and maintenance arrangements of deliverable primary lead smelting enterprises showed that the total weekly production was expected to be 50,300 tons. Some enterprises in Inner Mongolia had local maintenance, and some enterprises' production fluctuations recovered [37]. 3. Secondary Lead - As of October 24, the average price of waste batteries was 10,000 yuan/ton, remaining flat month - on - month. The demand for waste batteries increased, but the stock in the hands of holders was limited, and they were reluctant to sell, so the price was prone to rise and difficult to fall [45]. - As of October 24, the comprehensive profit and loss of large - scale secondary lead enterprises was 260 yuan/ton, and that of small - and medium - scale secondary lead enterprises was 45 yuan/ton. The lead price strengthened, and the waste battery price did not follow the increase for the time being, so the smelter's profit increased significantly [51]. - As of October 23, the raw material inventory of secondary lead was 134,700 tons, and the finished product inventory was 3,920 tons. The refinery's operating rate increased, and the raw material inventory decreased. Due to the improvement of downstream purchasing enthusiasm and the tight supply of primary lead, the accumulation of secondary lead finished product inventory was not obvious, but it might gradually increase in the future [54]. - The operating rate of secondary lead enterprises increased by 7.1 percentage points month - on - month to 42.2%. As of last Friday, the weekly output of secondary lead was 52,000 tons, showing an upward trend. The production increase of some refineries in Anhui and the resumption of production of a large - scale refinery in Inner Mongolia drove the overall increase in the operating rate of secondary lead [57]. 4. Lead Batteries - The operating rate of lead batteries increased by 0.39 percentage points month - on - month to 75.36%. The energy storage battery market performed well, and the orders of medium - and large - scale enterprises were relatively full. The electric bicycle and automobile battery markets had some differences, with the original equipment supporting orders being better than the replacement orders. However, the soaring lead price might affect the enterprise's operating rate and raw material purchasing enthusiasm [64]. 5. Import and Export - As of October 17, the export loss of refined lead was about 3,100 yuan/ton. As of October 24, the import profit was 329.16 yuan/ton, and the import profit window was opened [74]. 6. Inventory - As of October 27, the total social inventory of lead ingots in five locations was 30,300 tons, and the inventory decreased. The warehouse of the main deliverable brands of primary lead was 1,520 tons, showing a month - on - month decline. The resumption of production of refineries was lower than expected, while the downstream operating rate steadily increased and the purchasing was active, leading to a decrease in lead ingot inventory [84]. - As of October 24, the SHFE refined lead inventory was 36,300 tons, showing a month - on - month decrease. As of October 23, the LME inventory was 235,400 tons, also showing a decrease [87]. - The monthly supply - demand balance sheet showed the production, export, import, consumption, and inventory data of primary and secondary lead from October 2024 to August 2025 [88].