Shenzhen Builds 1,227 Ultra-Fast Charging Stations, Each Over 480 kW Capacity, Citywide

[Tianqi Lithium: Shehong Tianqi Plans to Subscribe to 79.2181 Million New SEVB Shares for 150 Million Yuan] Tianqi Lithium announced that its wholly-owned subsidiary, Shehong Tianqi, plans to sign a Capital Increase Agreement with SEVB, Huizhou Sunwoda, Wang Mingwang, and Wang Wei, and to use 150 million yuan of its own funds to subscribe for 79.2181 million new shares of SEVB. Of this amount, 79.2181 million yuan will be credited to the registered capital, with the remainder credited to the capital reserve. This transaction does not constitute a related-party transaction or a major asset restructuring, and does not require submission to the board of directors or shareholders' meeting for approval. The funds for Shehong Tianqi come from its own funds, which will not have a material adverse impact on the company's financial condition and operating results for the current year. This is conducive to the company's cooperation with the downstream industry chain, provides new channels for business expansion, and aligns with the company's vertically integrated development strategy.

[SMM Daily Review: Spot Lithium Carbonate Price Consolidates Upward on July 27] Today, the SMM battery-grade lithium carbonate spot price consolidated upward compared with the previous working day. In the futures market, the lithium carbonate 2609 contract opened high at 145,800 yuan/mt today. After opening, bulls moved quickly, pushing the price to a high of 148,200 yuan/mt. It then encountered bearish selling pressure and pulled back in consolidation, fluctuating repeatedly below the average price line (146,000 yuan/mt) in the morning session, touching a low of 143,300 yuan/mt. Around midday, bulls and bears wrestled within the 143,300–146,000 yuan/mt range. In the afternoon, bulls re-entered, and the price quickly surged past resistance at the average price line, then consolidated higher. In late trading, bulls continued to push and ended near 147,200 yuan/mt, ultimately closing up 2.39% at 147,200 yuan/mt, with open interest declining by 585 lots. In the spot market, downstream procurement remained primarily just-in-time procurement, with transactions concentrated around 145,000 yuan/mt, as acceptance of higher prices was limited. Upstream lithium chemical plants remained steadfast in holding spot order prices firm, but were weighed down by downstream wait-and-see sentiment, and buyers and sellers continued to wrestle. Market inquiries and actual transactions maintained an overall stable trend.

Samsung Electronics has adopted a silicon-carbon anode material in its new foldable smartphone, the Galaxy Z Fold8 Ultra. Despite achieving its thinnest-ever profile of 4.1 mm, the new model is equipped with a 5,000 mAh battery, offering 14% higher capacity than the previous model, Galaxy Z Fold7.