MeiG Smart Inks Deal for AI R&D and Manufacturing Base in Nantong with 300M Yuan Investment

Data released by the General Administration of Customs today showed that in the first four months of this year, China's total goods trade import and export value reached 16.23 trillion yuan, up 14.9% YoY, maintaining a strong growth momentum. In the first four months, China exported 5.92 trillion yuan worth of electromechanical products, up 17.6%, accounting for 63.5% of China's total exports. Among them, exports of green and low-carbon products such as EVs, lithium batteries, and wind turbines grew 68.1%, 43.2%, and 40.7% respectively, while industrial robot exports grew 30%. (CCTV)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 08 May , 2026

As major global technology companies rush to buy memory chips, SK Hynix is being actively courted by these companies, which have proposed plans to invest in its new production lines and finance the purchase of expensive manufacturing equipment. According to six people familiar with the matter, the company's clients have presented multiple partnership proposals to the South Korean chipmaker, including investing in the construction of dedicated memory production lines. Three other people familiar with the matter said another proposal involves clients providing financing for equipment purchases, such as ASML's extreme ultraviolet lithography machines. These machines are used to etch circuits on wafers and are worth hundreds of millions of dollars. The chipmaker is reportedly cautious about accepting financial commitments from clients, as such deals could make it beholden to specific buyers and force it to supply chips at lower prices in exchange for longer-term, more stable revenue guarantees.