Ganfeng Lithium Industry: Millennial has unilaterally terminated the tender offer cooperation agreement with Ganfeng International | Rolls-Royce confirms that it will no longer produce cars with internal combustion engines after 2030.

[long-term Lithium Science: plans to use 1.718 billion yuan to raise funds for long-term new energy] long-term Lithium Science announcement, the implementation body of the company's fundraising project "Phase I expansion Project of vehicle Lithium Battery cathode Materials" is the wholly-owned subsidiary Hunan long-term Lithium New Energy Co., Ltd. ("long-term New Energy"). The company plans to use 1.718 billion yuan to raise funds from long-term new energy to increase capital for the implementation of the above-mentioned fund-raising projects. Of this amount, 600 million yuan is used as registered capital, and the remaining 1.118 billion yuan is included in the capital reserve.

[German Nano: plans to build a 25000 ton lithium supplement project with an annual output of 3.5 billion yuan] according to the German Nano announcement, the company signed an "Investment Agreement with an annual output of 25000 tons of lithium supplements" with the Qujing Municipal Government and the Management Committee of Qujing Economic and technological Development Zone on the same day. The company plans to build a "project with an annual output of 25000 tons of lithium supplements" in Qujing Economic and technological Development Zone, with a total investment of about 3.5 billion yuan.

[Ganfeng Lithium Industry: Millennial has unilaterally terminated the tender offer cooperation agreement with Ganfeng International] Ganfeng Lithium announced that because Millennial received a "better offer" from the offer competitor, and Ganfeng International did not choose to raise the offer price within the agreed time limit, Millennial unilaterally terminated the tender offer cooperation agreement with Ganfeng International and paid a cooperation termination fee of 10 million US dollars to Ganfeng International. After careful consideration, the company decided not to raise the tender offer.

Shanxi Securities: it is recommended to pay attention to the new energy industry chain and passenger car targets with frequent release of new cars. Shanxi Securities said that in the industry, the chip supply problem is superimposed from a high base last year, and it is expected that passenger car production and sales in the coming month will still be lower than that in the same period last year. However, with the peak of the epidemic in Southeast Asia, the chip supply problem will gradually ease, and the backlog of consumption is expected to pick up by the end of the year. In terms of new energy vehicles, the selection of new energy vehicles in cities with relatively perfect infrastructure has a high performance-to-price ratio, so the penetration rate of new energy vehicles will be gradually improved. It is suggested that we should pay attention to the new energy industry chain, the frequent release of new cars, the targets of passenger cars, and so on.

Rolls-Royce confirmed that it will no longer produce cars with internal combustion engines after 2030. On Wednesday, local time, Rolls-Royce officially released the concept map of its first pure electric car, the Spectre (Ghost), and confirmed that the company will no longer produce cars with internal combustion engines after 2030. Rolls-Royce CEO Toaston Muller Utterworth said the product is also proof of the company's 2030 electrification of its full product line, when Rolls-Royce will no longer sell any internal combustion engine products.

[credit Suisse: China's new energy vehicle sales will grow at an average annual compound rate of 25% in the next 10 years.] Credit Suisse recently released its latest research report that China's new energy vehicle sales will reach an average annual compound growth rate of 25% in the next decade. Credit Suisse estimates that to achieve the net zero emission target by 2060, China will need to invest about 100 trillion-130 trillion yuan in developing green infrastructure-based green projects over the next 30 years. Such a large-scale investment is expected to provide a new engine of growth for China's gross domestic product and thus create new business opportunities and high-quality jobs. The inclusion of "carbon neutralization" along with major projects in other countries as a policy priority for the next decade shows China's strong determination to achieve net zero emissions.