Graphitization Prices Will Probably Experience Broad-Based Decline

Sept 29 — Toyota Motor said its global vehicle sales and production fell for a second consecutive month in August, as continued sales declines in markets including the U.S. and the Middle East weighed on last month’s results. The world’s largest automaker’s global sales fell 6.4% year-on-year to 790,743 units in August, while production dropped 5.9% year-on-year to 700,860 units. Sales in China fell 22.8%, sales in the U.S., Toyota’s largest market, slid 4.4%, and Middle East sales plunged 37.5%, offsetting a 9.1% increase in Japan.

On the evening of September 28, Sanxia New Materials (600293) announced that the company plans to acquire no less than 53.14% of the shares of Zhuhai Saiwei Electronic Materials Co., Ltd. ("Zhuhai Saiwei") from counterparties including Dai Xiaobing, Zhuhai Yili Investment Partnership (Limited Partnership), Zhuhai Hengwei Investment Partnership (Limited Partnership), Xue Yao, and Lv Haixia, through the issuance of shares and payment in cash. This transaction is expected to constitute a major asset restructuring. On the same day, Sanxia New Materials issued an announcement on abnormal stock trading fluctuations, stating that the cumulative deviation in the closing price of the company's stock exceeded 20% over three consecutive trading days on September 23, September 24, and September 28. Upon the company's application to the exchange, trading in Sanxia New Materials' stock was suspended starting September 29, with the suspension expected to last no more than 10 trading days.