Lead Ingot Social Inventory Surges to 5-Month High, Exceeding 60,000 mt Post-Chinese New Year

[Mining and Metallurgical Enterprise Dynamics] According to Yunnan Chihong Zn & Ge Co., Ltd. (600497), during the Chinese New Year, while families across the country were reuniting, the company's production units nationwide remained busy. Many employees at operations such as Yongchang Lead-Zinc, Hulunbuir Chihong, Huize Mining and Smelting chose to stay at their posts, ensuring safe and stable production during the holiday at high-altitude snowy regions, underground mines thousands of meters deep, beside smelting furnaces, and project sites.

[End-Use Market Dynamics] According to the Market Supervision Administration of Ganzhou City, Jiangxi Province, to strengthen the entire chain safety supervision of e-bikes, the Market Supervision Administration of Ganxian District recently collaborated with the Ganxian Brigade of the Traffic Management Detachment of the Ganzhou Municipal Public Security Bureau to conduct surprise inspections on e-bike and three-wheeled EV sales operators, as well as driver training institutions within the jurisdiction.