Defang Nano's Lithium Replenishment Enhancer Achieves Order Deliveries In The Semi-Solid-State Battery Sector

The SMM battery-grade lithium carbonate index price was 138,483 yuan/mt. Battery-grade lithium carbonate was priced at 134,000-142,000 yuan/mt, with an average price of 138,000 yuan/mt. Industrial-grade lithium carbonate was priced at 131,000-138,000 yuan/mt, with an average price of 134,500 yuan/mt. Today, the most-traded lithium carbonate futures contract showed a fluctuating upward trend. As logistics gradually halted, downstream material plants had largely completed their stockpiling for February, with most enterprises adopting a wait-and-see attitude and holding low psychological price levels for procurement. Overall, market inquiries and transactions remained sluggish.

[Tongbao Energy: 2025 Thermal Power Generation Down 8.58% YoY, Wind Power Discloses Multiple Indicators] Tongbao Energy announced that its wholly-owned thermal power enterprise, Shanxi Yangguang Power Generation, recorded a Q4 2025 power generation of 1,510.92 million kWh, down 13.73% YoY; on-grid electricity of 1,363.32 million kWh, down 14.34% YoY; and an average on-grid tariff of 395.52 yuan/MWh, up 13.09% YoY. For the full year 2025, power generation was 5,646.48 million kWh, down 8.58% YoY; on-grid electricity was 5,092.51 million kWh, down 9.22% YoY; and the average on-grid tariff was 380.18 yuan/MWh, up 6.94% YoY, with the proportion of market-based trading volume at 100%, unchanged from the previous year.

Recently, the Datong-Tianjin South 1000-kilovolt UHV AC project, a key project in the national 14th Five-Year Plan for power development, has made a key breakthrough. Inside the 1000-kilovolt substation in Yangyuan County, Zhangjiakou, Hebei Province, the steel structure main body of a 533-meter-long GIS (Gas Insulated Switchgear) workshop was fully capped. The completion of this "giant steel corridor" marks the completion of the construction of the core building of the UHV project, laying a solid foundation for the subsequent installation of electrical equipment and the full-line operation of the project.