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[Yinglian Holdings: Subsidiary Signs Strategic Cooperation Agreement with a Leading Cylindrical Battery Producer]Yinglian Holdings (002846.SZ) announced that its subsidiary, Jiangsu Yinglian Composite Current Collector Co., Ltd., recently signed a strategic cooperation agreement with a leading cylindrical battery producer. The two parties will collaborate on the preparation and technological development of high-performance composite current collector materials, jointly working on R&D solutions, experimental verification, sharing samples and technical information, and in-depth discussions on experimental results. (Cailian Press)
[Hengbo Holdings: Actively Expanding Automotive Thermal Management System Products in NEV Sector]Hengbo Holdings (301225.SZ) stated during an institutional survey that in the NEV sector, in addition to supplying intake systems for hybrid NEVs, the company is actively expanding into automotive thermal management system products to further broaden market opportunities. (Cailian Press)
[Li Auto, CATARC, and Dongfeng Liuzhou Reach Consensus on Ideal i8 Crash Test Incident and Issue Joint Statement]Li Auto, CATARC, and Dongfeng Liuzhou reached a consensus on the Ideal i8 crash test incident and issued a joint statement. Li Auto stated that the test aimed to verify and enhance the passive safety performance of the Ideal i8 and was not intended to target the safety or quality performance of any other brand. Li Auto will take further measures to avoid similar controversies. CATARC acknowledged insufficient process control in anticipating and mitigating potential risks due to incomplete information release and apologized for this. Dongfeng Liuzhou emphasized its commitment to resisting unfair competition, adhering to legal and compliant operations, and upholding factual principles to contribute to China's transformation from an automotive powerhouse to a leading automotive nation.
[Xingyuan Zhuomei: Receives Project Designation Notice for NEV Magnesium Alloy Powertrain Housing Parts]Xingyuan Zhuomei (301398.SZ) announced that it received a supplier designation notice from a domestic auto parts producer, under which the company will develop and supply magnesium alloy powertrain housing parts for NEVs. According to the client's plan, mass production of this project is expected to commence at the end of March 2026, with total projected sales revenue of approximately 713 million yuan over the next six years (2026-2031). This designated notice does not constitute a substantive order, and the actual supply timing, pricing, and quantities will be subject to formal supply agreements or sales orders between both parties. The project is expected to begin mass production at the end of March 2026 and will not have a material impact on the company's performance this year. (Cailian Press)
[US Tariff Hike Deals Heavy Blow to German Auto Industry]Since 2025, the aggressive tariff policies implemented by US President Trump after his return to the White House have caused unprecedented shocks to the global automotive industry. Among them, German automakers have borne the brunt of these tariff measures. Recently, the US and EU reached a trade agreement to lower the tariff rate to 15%, alleviating some pressure on German automakers, though it remains higher than the 2.5% level at the end of 2024. Against the backdrop of rising manufacturing costs, declining sales, and the pressure of EV transition in the global auto industry, the new agreement has avoided a full-scale trade war but failed to fully resolve the challenges faced by German automakers.
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