Key News
1. Four departments held a symposium with power and energy storage battery companies: to further promote efforts to address issues such as "internal competition and externalization."
2. Ministry of Finance and Ministry of Transport: Starting in 2026, they will focus their efforts over approximately three years to support about 30 cities (clusters) in implementing a new round of national comprehensive freight hub supply chain strengthening and upgrading actions.
3. Ministry of Commerce responded to rare earth export controls: China and the US will maintain communication through trade consultation mechanisms.
4. The General Office of the State Council issued "Several Measures on Accelerating the Construction of a Hierarchical Medical System."
5. State Council: Support Inner Mongolia in building import resource reserve bases for copper, potash fertilizer, and fluorite, as well as deep processing bases for non-ferrous metals and liquefied petroleum gas.
Individual Stock News
1. CITIC Securities: First-quarter net profit was RMB 10.216 billion, a year-on-year increase of 54.60%.
2. China Tungsten High-Tech Materials: Expected net profit for the first quarter of 2026 to be RMB 900 million to RMB 950 million, a year-on-year increase of 256% to 276%. 3. Tongfu Microelectronics: Plans to raise no more than 4.22 billion yuan through a private placement to fund projects such as increasing memory chip packaging and testing capacity.
4. Zhongkuang Resources: Q1 net profit is expected to increase by 271%-308% year-on-year; lithium salt product market prices have increased significantly year-on-year.
5. Haoun Automotive Electric: Has secured project designation from domestic low-altitude aircraft companies.
6. Changjiang Electronics Technology: 2025 net profit is expected to be 1.565 billion yuan, a year-on-year decrease of 2.75%; CPO (Consumer-on-Poly) products have achieved customer sample delivery.
7. Xinlai Materials: Has passed certification from the top two semiconductor application equipment manufacturers in the United States and has begun mass production supply.
8. Deye Shares: Q1 net profit is expected to increase by 56%-70% year-on-year; sales revenue of energy storage inverters and energy storage battery packs has increased significantly year-on-year.
9. Xinwangda becomes Tesla's fifth global power battery supplier.
10. Huiyuan Communication: The company currently has no business, orders, or technology reserves in the fields of optical fiber cables and optical modules related to computing power data centers.
11. Lianyun Technology: Plans to raise no more than 2.062 billion yuan through a private placement to fund R&D projects for storage controller chip series products, etc.
12. Keda Manufacturing: Plans to acquire a 51.55% stake in Tefu International for 7.475 billion yuan, constituting a major asset restructuring.
