SHFE Cast Aluminum Alloy Warrants Up 421 mt to 32,624 mt on April 29

In June the aluminum processing industry exhibited a pronounced divergence pattern of "external demand outperforming domestic demand, with the aluminum wire and cable industry unable to sustain the market on its own." Export orders, energy storage, UHV, and other areas provided structural support, but a combination of weak domestic consumption, wild swings in aluminum prices, and policy disruptions made it difficult for the overall industry sentiment to recover markedly in the short term.

[SMM News] According to reports, on June 26, Lingyi iTech (Guangdong) Company was listed on the Main Board of the Hong Kong Stock Exchange. The company stated that this Hong Kong listing is a key move in its strategic layout for the future. With its "A+H" dual capital platforms as a driving force, it will comprehensively accelerate its deployment across three strategic tracks—edge AI, humanoid robots, and AI servers—to build a globally leading AI hardware smart manufacturing platform. Centered on precision manufacturing and the embodied AI robot industry, Lingyi iTech has already developed processing and assembly capabilities for core components such as lead screws, reducers, joint modules, and thermal and charging solutions. It can provide a complete manufacturing process system covering CNC, die casting, MIM, forging, injection molding, 3D printing, and softgoods.