[9.10 Lithium Express] Ganfeng Lithium shareholding Company Tengyuan Cobalt gem IPO has been approved. Ouyang Minggao said that the return of lithium iron phosphate battery is a major trend.

Ouyang Minggao: the return of lithium iron phosphate battery is a major trend, which may eventually be the combination of ternary and ferroelectricity. Ouyang Minggao, academician of the Chinese Academy of Sciences and vice president of China Electric vehicle Association, said today at the "Seminar on Automotive Technology Innovation and Policy suggestions in the era of Power diversification" that the future pure electric models must be high-voltage architecture. In terms of batteries, the return of lithium iron phosphate batteries is a major trend, now it is a "blade battery", and the future is CTV, that is, the battery is directly combined with the car body. However, due to the decline of mileage in winter, ternary lithium also has a market, which may eventually be a combination of ternary and lithium iron phosphate. In the energy replenishment market, Ouyang Minggao proposes to adopt the mode of "fast charging and slow recharging".

[Ganfeng Lithium Industry: participating company Tengyuan Cobalt Industry growth Enterprise Board IPO was approved] Ganfeng Lithium Industry announcement, the initial public offering application of Ganzhou Tengyuan Cobalt New Materials Co., Ltd. ("Tengyuan Cobalt") was examined and approved by the gem listing Committee of Shenzhen Stock Exchange today. As of the date of disclosure of the announcement, the company held 6.5146 million shares of Tengyuan Cobalt, accounting for 6.9 per cent of its total share capital before the initial public offering. The data show that Tengyuan Cobalt owner's business is the research and development, production and sales of cobalt and copper products, and it is one of the most competitive cobalt salt production enterprises in China. The company's core products are cobalt salts such as cobalt chloride, cobalt sulfate and copper electrowinning. Cobalt products are mainly used in battery materials, alloys, magnetic materials and other downstream industries.

[Henan Provincial Government and BYD signed Strategic Cooperation Agreement] on September 9, the people's Government of Henan Province signed a strategic cooperation agreement with BYD Co., Ltd., which was witnessed by Governor Wang Kai. He also held talks with Wang Chuanfu, chairman and president of BYD Co., Ltd. BYD will further deepen bilateral cooperation in the fields of auto parts industry, electronic parts industry, promotion of new energy vehicles, integration of light and storage, and intelligent transportation, and strengthen coordinated development in the fields of talent innovation, digital transformation, intelligent manufacturing, green and low carbon, so as to contribute to the acceleration of the construction of modern Henan.

[Tianfeng Securities: the problem of lack of core in mid-late September will be effectively improved, and the automobile industry is expected to enter the warehousing phase.] Tianfeng Securities believes that passenger car sales showed double-digit negative growth in August compared with the same period last year, which is not only the supply-side factors brought about by the chip shortage, but also the reasons for the high sales base caused by the concentrated release of demand after the epidemic last year. Starting from September, with the gradual control of the epidemic in Southeast Asia, chip production capacity is expected to continue to recover, it is expected that the problem of lack of core in mid-late September will be effectively improved, the automotive industry is expected to enter the storage stage, factory production and wholesale volume is expected to pick up. At the same time, the "Golden Nine and Silver Ten" of the traditional automobile consumption season is approaching, and the further release of consumer demand will help auto sales resume growth in the second half of the year.

[Volkswagen plans to build six large battery plants by 2030] Volkswagen plans to work with partners to build six large battery plants across Europe by 2030, heralding Volkswagen's ambitions to attack electric vehicles in the future.

[Akio Toyoda: the epidemic may affect parts supply may force Japanese automakers to cut production again in October] Akio Toyoda, head of the lobby group, said on Thursday that the novel coronavirus epidemic disrupted parts supply and could force Japanese automakers to cut production again in October. "depending on the manufacturer, we may see production fall to a lower level in October," Mr. Toyoda said. He is president of the Japan Automobile Industry Association and president of Toyota Motor, Japan's largest carmaker.