[GAC GROUP: the company and GAC E'an plan to increase the capital of time Guangzhou Automobile Power Battery by 490 million yuan] GAC GROUP (02238.HK) announcement, the company's fifth board of directors resolution of the 61st meeting, deliberated and passed the "proposal on time Guangzhou Automobile Capital increase". It is agreed to increase the capital of the joint venture time Guangzhou Automobile Power Battery Co., Ltd. by 1 billion yuan and the project construction content adjustment plan, of which the company and its wholly-owned subsidiary Guangzhou Automobile Ean New Energy Automobile Co., Ltd. hold 49% of the total share ratio and increase the capital by 490 million yuan.
[new Zeus: net profit in the first quarter is expected to increase by 45% compared with the same period last year] March 25, the new Zeus announced that it is expected to make a net profit of 143 million-163 million yuan in the first quarter, an increase of 45% over the same period last year. On the one hand, the company's business orders for organic fluorine chemicals at home and abroad have increased and the sales scale has expanded; on the other hand, the market demand for new energy vehicles has increased significantly, and the company has seized the development opportunity of the power lithium battery industry. the increase in market orders for lithium battery electrolyte led to a rapid increase in the company's production and sales.
[the lower house of the Chilean Congress approves the draft legislation on concession for the sale of copper and lithium] on March 25, the lower house of the Chilean Congress approved the draft legislation on concession for the sale of copper and lithium, requiring mining giants to make greater contributions to social and environmental projects; it will be handed over to the Senate for a vote. In the future, Chile will impose a 3 per cent tax on copper and lithium products such as BHP Billiton and Abel for regional development projects.
Xiaomi responds to rumors that it is working with the Great Wall to build an electric car: everything is subject to the announcement. On March 26, Xiaomi was in talks with Great Wall Motor to use its factory to produce electric cars. In response, Xiaomi responded that everything is subject to the announcement. Earlier, on February 19, there were media reports that Xiaomi had decided to build a car and regarded it as a strategic decision, but the exact form and path had not yet been determined, and there may still be variables. Xiaomi may be led by Lei Jun, founder of Xiaomi Group, according to a person familiar with the matter. On the evening of February 21, Xiaomi issued a notice entitled "clarifying the report on entering the Electric vehicle Industry", noting recent media reports that the Group intends to enter the electric vehicle manufacturing industry. Xiaomi said that the Group has been paying close attention to the ecological development of electric vehicles and has conducted continuous assessment and research on the situation of related industries, and the Group's research on the manufacturing business of electric vehicles has not yet reached the formal stage. Wang Xiang, president of Xiaomi Group, responded to rumors of Xiaomi's car-building at a media conference call after Xiaomi's 2020 annual results were released on March 24. Wang Xiang said that Xiaomi has made it very clear in its report to the Hong Kong Stock Exchange and there is nothing new to answer.
[Dai Lei's comeback was revealed that he was about to go to work for Evergrande's car building team] Evergrande Motor (0708.HK) issued an annual results announcement showing that its annual operating income was 15.487 billion yuan, up 175% from the same period last year; gross profit was 2.695 billion yuan, up 43% from the same period last year; and the annual loss was 7.665 billion yuan, an increase of 54.9% over the same period last year. On the day of the announcement, it was reported that Dai Lei, the former chief executive and co-founder of Baiteng, was about to join Evergrande.
[national Gold Securities: high-quality supply-driven electrified power battery contestants to meet high elastic growth] according to the National Gold Securities Research report, the domestic new energy vehicle industry has entered a new growth stage driven by high-quality supply, superimposed by European policy drive and Biden's expectation of resuming new energy policy in the United States, the global electric vehicle boom is expected to resonate. In the case of strong battery demand and automobile companies intend to support secondary and tertiary supply due to the security of the supply chain, non-leading battery factories are expected to usher in high performance flexibility. Under the urgent background of the global acceleration of new energy passenger vehicles and the urgent demand of vehicle factories to improve the safety of the core supply chain, domestic non-leading power battery suppliers with relative technology and cost advantages are expected to enjoy high performance elasticity under demand blowout. At the same time, we are optimistic about Yiwei Lithium Energy, which has a balanced comprehensive strength, Guoxuan Tech, which has achieved a breakthrough in three-way batteries and is expected to be deeply bound with Volkswagen to open its growth space, and Funeng Technology, which benefits from the volume of Daimler's EVA2 platform models.
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