Bosera RuiYuan Directional Add-issuance

Jiwei Consulting releases the "2025 China Wafer Foundry Industry Listed Companies Research Report"

STAR Market semiconductor M&A focuses on strengthening the value chain and synergy

SMIC reportedly achieves breakthrough in yield rate for its 7nm-equivalent process

Shanghai Semiconductor 'Little Giant' Company, in which SMIC Holds Shares, Initiates IPO

Huawei plans to launch AI chips in South Korea in 2026, challenging Nvidia's dominance, with chips produced by SMIC

SMIC received a net financing purchase of 385 million RMB yesterday

Chongqing Rural Commercial Bank Fined 8.7 Million Yuan for Regulatory Violations, Multiple Responsible Individuals Held Accountable

SMIC received 1.255 billion yuan in financing purchase on December 25

SMIC has reportedly raised prices by about 10% for some of its 8-inch production capacity, according to multiple media reports.

SMIC wins procurement project from the Institute of High Energy Physics, Chinese Academy of Sciences

US Delays China Chip Tariffs to 2027

Market Leader Determines the Peak: Latest Market Analysis on SMIC

CATL Signs Five-Year Electrolyte Supply Contract with Enchem

SMIC closed down 0.27%, with a net outflow of 425 million from main funds in the last three days.

SMIC leads Hong Kong stocks higher ahead of Christmas trading break

The financing balance of SMIC's STAR Market-listed shares increased significantly

SMIC issues 55,900 new shares upon exercise of share award plans

CATL's Yichun Jianxiawo Lithium Mine Project to Resume Production Around Spring Festival

Southbound funds saw a net outflow, but increased holdings in SMIC against the trend

Amid strong demand, SMIC's capacity utilization rate continues to climb

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Another executive of a small and medium-sized bank has been subjected to a lifetime ban from the industry. On December 15th, the Chongqing Regulatory Bureau disclosed that Chongqing Rural Commercial Bank had issues with loan "three checks" during its operations

- A senior executive from Chongqing Rural Commercial Bank has received a lifetime ban following regulatory violations including inadequate loan checks and data errors.  
- The regulatory body imposed a fine of 8.7 million yuan, affecting multiple executives, notably former Vice President Shu Jing, who was dismissed amid serious misconduct allegations related to loan approvals and misappropriation of funds.  
- The bank has experienced frequent leadership changes over the past three years, coinciding with a strategic shift towards risk clearance rather than absorption, illustrated by the recent sale of a significant stake in its rural bank.

Wallstreetcn

Chongqing Rural Commercial Bank

CQRC BANK

Former Vice President "Fell" Aftershock, Chongqing Rural Commercial Bank Receives a Fine of 8.7 Million

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Nio has suspended battery supply cooperation with BYD's FinDreams due to insufficient L60 orders, increasing reliance on CATL for battery supply. CATL, Nio's primary supplier since 2014, supports Nio amid operational challenges, investing in Nio Power and Mirattery. CATL's engineering capabilities help Nio overcome battery shortages, with plans to double battery packs at swap stations. CATL holds a 38.1% global market share, leading the EV battery market.

- Nio has suspended its battery supply cooperation with BYD's FinDreams due to insufficient orders for its Onvo L60 midsize SUV.  
- The company is increasing its reliance on CATL for battery supplies, switching to CATL for both the 100-kWh and 85-kWh batteries across its vehicle models, reversing previous efforts to diversify suppliers.  
- CATL’s support includes prioritizing production resources for Nio amid high demand and operational challenges, reinforcing its position as the dominant battery supplier with a significant market share.

CnEVPost

NIO Inc. USD OV

NIO-SW

CATL

Nio moves toward greater reliance on CATL for batteries, report says

002049

Chinese EV battery giant CATL and semiconductor developer Guoxin Micro have partnered to establish a new automotive chip firm, Tongxin Micro Technology, in Beijing. The firm, with a registered capital of 300 million yuan, will focus on the automotive domain controller chip business. CATL's investment marks its latest expansion initiative, while Guoxin Micro aims to deepen strategic ties with target customers. The new entity will acquire the chip business from Tongxin Micro for 193 million yuan, reflecting a significant appreciation rate. Guoxin Micro's shares rose 1.33% following the announcement.

南华早报

GUOXIN MICRO

Chinese EV battery giant CATL and Guoxin Micro set up a new automotive chip firm

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The energy storage industry may face intense competition similar to that of the photovoltaic industry. Although the energy storage supply chain is relatively long and has certain resilience, industry insiders are concerned that competition has already begun to intensify and may be more rapid and severe than that of photovoltaics in the future

- The article discusses the potential for the energy storage industry to repeat the over-competitive pitfalls seen in the photovoltaic sector.  
- It highlights factors such as a lengthy supply chain, higher market integration, and the critical role of major players like CATL, suggesting a more resilient market structure compared to photovoltaics.  
- However, competitive pressures are already intensifying, leading to concerns over price wars and industry sustainability, as evidenced by significant price drops and excess production capacities emerging in response to global demand surges.

Lithium Battery

Sungrow Power Supply

The competition in energy storage has actually begun, and the intensity in the future may far exceed that of photovoltaics?

CATL Likely to Resume Operations of Lithium Mine in Yichun, China on Lunar New Year

marketscreener

CATL Likely to Resume Operations of Lithium Mine in Yichun, China on Lunar New Year