EFUNDMSCIA50(03111.HK)

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EFUNDMSCIA50
03111.HK
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CATL signs $17.2 billion lithium order as world's largest EV battery maker secures key material supply

CATL has signed a $17.2 billion agreement with Ronbay to supply 3.05 million tons of LFP cathode material from 2026 to 2031. This order is the largest in the lithium and battery industries. Additionally, CATL plans to invest in Fulin Precision Machining, acquiring over 5% of its shares to support high-end LFP material production. This move comes amid a significant rise in lithium prices in China, with battery-grade lithium carbonate prices increasing by 73% since December.

CnEVPost·
SZ
300750
-0.97%
HK
03750
-1.44%
CnEVPost·
SZ
300750
-0.97%
HK
03750
-1.44%

Moutai sets the tone for 2026: Respect market rules, dealers say goodbye to "lying down to win"

How Elephants Turn Around

Wallstreetcn·
SH
600519
-0.43%
Wallstreetcn·
SH
600519
-0.43%

Zijin Gold International Projects Net Profit Surge for 2025

Zijin Gold International, a subsidiary of Zijin Mining Group, anticipates a significant increase in net profit, projecting it to reach up to USD 1.6 billion in 2025. This information was originally published by Zijin Mining Group Company Ltd. via the Hong Kong Stock Exchange.

Reuters·
HK
02899
-0.35%
SH
601899
-0.56%
Reuters·
HK
02899
-0.35%
SH
601899
-0.56%

CATL opens Middle East's largest new energy after-sales service center in Riyadh

CATL has opened the largest new energy after-sales service center in the Middle East, located in Riyadh, Saudi Arabia. This facility, named the "Ning Service Experience Center," spans over 7,000 square meters and aims to support the growing EV and energy storage markets in the region. The center will provide full-lifecycle after-sales support, including battery maintenance and diagnostics. This move aligns with Saudi Arabia's Vision 2030, which targets a 30% conversion of vehicles in Riyadh to EVs by 2030. CATL continues to expand its service network globally, maintaining a leading market share in EV battery shipments.

CnEVPost·
SZ
300750
-0.97%
HK
03750
-1.44%
CnEVPost·
SZ
300750
-0.97%
HK
03750
-1.44%

China’s CATL, Nio deepen partnership to develop EV batteries with longer lifespans

Contemporary Amperex Technology Ltd (CATL) has strengthened its partnership with Nio to develop electric vehicle (EV) batteries with longer lifespans. The five-year agreement aims to address the costly issue of battery replacements for millions of EV users in China. Nio's CEO, William Li, highlighted the urgency of this development, predicting significant costs for battery replacements after 2032. Despite challenges in the EV market, Li remains optimistic about profitability for major players. Nio recently celebrated its 1 millionth car production milestone and continues to collaborate with CATL on battery swap technology.

南华早报·
SZ
300750
-0.97%
南华早报·
SZ
300750
-0.97%
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