Power battery maker AVIC Lithium plans to IPO* next year U.S. Secretary of Commerce: chip shortage will become a "day-to-day" challenge

[power battery maker AVIC Lithium plans to IPO next year] AVIC Lithium, the country's fourth-largest power battery maker, has made clear its timetable for the initial public offering of (IPO). On June 7, the reporter learned from AVIC Lithium that the company plans to IPO next year. According to the statistics of the China Automotive Power Battery Industry Innovation Alliance, AVIC Lithium installed 3.55% of the GWh, market last year, ranking fourth in the industry. Ahead of AVIC Lithium are Ningde era, BYD and LG Chemistry.

[us Commerce Secretary: chip shortage will become a "day-to-day" challenge. Us Commerce Secretary Genna Raimundo (Gina Raimondo) said that the global semiconductor shortage will continue to put pressure on the market in the coming months. Raimundo's forecast is more optimistic than some analysts who believe the chip shortage could last until 2023. Raimundo said the Biden administration was communicating with stakeholders to "encourage the supply chain to be more transparent and accurate." In this respect, you will see GM (GM) reopen some factories, and you will see some relief. But as you predict, this will be a day-to-day challenge over the next year or so, and we will do everything we can to help the private sector tide over. "

[Norde shares: proposed to raise no more than 2.288 billion yuan] news on June 7, Nord shares announced that it was proposed to raise no more than 2.288 billion yuan. After deducting the issuance expenses, the net funds raised will be used for the Qinghai electrolytic copper foil project for high-performance and extremely thin lithium-ion batteries, the Huizhou power battery electrolytic copper foil project and the supplementary working capital and repayment of bank loans.

[Funeng Oriental: subsidiary companies have accumulated 400 million yuan in lithium equipment contracts for Funeng Technology this year] Funeng Oriental announced that the holding subsidiaries Chaoye Precision and Funeng Technology (Zhenjiang) have signed daily operating contracts totaling 403 million yuan since January 2021, and the cumulative amount of orders exceeded 50% of the company's operating income in the most recent fiscal year. Chaoye Precision is mainly engaged in the middle and back section of lithium battery and the whole line equipment. The smooth implementation of this contract will help the company to open up a broader market space in the lithium battery equipment business.

[Wachovia New Materials: 258 million yuan purchase power lithium battery wet diaphragm project equipment] Wachovia New Materials announcement, in order to promote the smooth implementation of the power lithium battery wet diaphragm industrialization project, the holding subsidiary Meixin New Materials decided to purchase the production equipment related to the project from Zipu Machinery Co., Ltd., and signed four contracts with a total price equivalent to about 258 million yuan.

[leading heavy truck department only three months after senior executive Tesla left] according to documents released by the Securities and Exchange Commission on Monday, Tesla executive Jerome Gillan left the company after just three months as head of the company's heavy truck department.