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[Sichuan Energy: Lijiagou Lithium Mine in Ramp-Up Stage]Sichuan Energy stated on an interactive platform that its Lijiagou lithium mine has been operating smoothly since trial production began and is currently in the ramp-up stage. Dea Lithium successfully produced qualified battery-grade lithium chemicals in July 2025 after commissioning. The company will adjust production and sales plans based on market conditions to maximize the benefits of its integrated resource advantages. (Cailian Press)
[Jiuwu Hi-Tech: Plans to Issue Convertible Bonds Raising Up to 504 Million Yuan]Jiuwu Hi-Tech (300631.SZ) announced plans to issue convertible bonds raising no more than 504 million yuan, with proceeds after deducting issuance costs to be invested in the BOT project for a 2,000-mt/year lithium chloride pilot production line at Bangor Co Salt Lake, a special inorganic membrane component and equipment production line, and working capital replenishment. (Cailian Press)
[Narada Power: All-Solid-State Battery Pilot Line Enables Small-Batch Delivery]In response to investor inquiries about the progress of its all-solid-state battery production line or site construction and near-term plans, Narada Power stated on an interactive platform that it currently operates one pilot line capable of small-batch deliveries. The all-solid-state battery products will not significantly impact 2025 performance. Investors are advised to exercise caution and make rational decisions. (Cailian Press)
[Leap Motor Raises 2025 Annual Sales Target to 580,000–650,000 Units]Cailian Press learned that Leap Motor has raised its 2025 annual sales target to 580,000–650,000 units due to stronger-than-expected market performance, with plans to challenge 1 million units next year. In March, Leap Motor founder, chairman, and CEO Jiangming Zhu stated that the company aimed for 500,000–600,000 unit sales this year.
[China Automobile Dealers Association: Only 30% of Dealers Met H1 Sales Targets]The China Automobile Dealers Association's "2025 H1 National Auto Dealer Survival Survey Report" showed that only 30.3% of dealers achieved their sales targets in H1 2025, with 29.0% completing less than 70% of targets and 40.7% achieving 70–100% of targets. By brand groups, the target completion rate of luxury brands slightly outperformed that of joint venture and domestic brands. Among joint venture brands, the proportion of dealers achieving 70% or below their targets was higher than that of luxury/import brands and domestic brands. (Cailian Press)
Related reading:
[SMM Analysis] LFP Material Production Growth Remained Slow in July
[SMM Analysis] Low-Sulphur Petroleum Coke Prices Rose on Demand Boost in July
[SMM Analysis] Multiple Factors at Play, Anode Material Prices Stalled in July
[SMM Analysis] Supply Reduction Kept Oil-Based Green Needle Coke Prices Stable in July
[SMM Analysis] Market Share Continues to Rise! 2025 H1 LFP Cathode Material Review and Outlook
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