B[BMW (China) Automobile Trading Co., Ltd. expands the recall of some imported cars] November 13th. Recently, BMW (China) Automobile Trading Co., Ltd. has filed a recall plan with the State Administration for Market Regulation in accordance with the requirements of the "Regulations on the Recall Management of Defective Automobile Products" and the "Implementation Measures of the Regulations on the Recall Management of Defective Automobile Products". Recall number S2026M0145V: Starting from now, some imported 5 Series cars produced between June 17, 2020 and March 12, 2021 are recalled, a total of 1,482 vehicles; some imported 8 Series cars produced between June 14, 2019 and March 12, 2021 are recalled, a total of 1,239 vehicles. For vehicles within the scope of this recall, the longitudinal spline connection between the drive shaft and the rear axle differential may suffer from excessive wear of the spline tooth surfaces after long-term use. In extreme cases, the spline connection will fail, and power cannot be effectively transmitted to the rear axle differential, resulting in power interruption to the rear axle, posing safety risks. A[Overnight global news you need to know on Wednesday: AMD revenue outlook exceeds expectations; the United States plans to return to the moon before 2028; Iran says there is no new progress in the agreement with the United States]
global news
1. AMD rose 7% after the bell. The company expects fourth-quarter revenue of US$17 billion, plus or minus 3%. That compares with analysts' average estimate of $16.3 billion.
2. Super Micro Computer rose 6% after the closing bell. The company expects net sales for the full fiscal year to be US$72 billion to US$82 billion, compared with the previous forecast of US$65 billion to US$72 billion.
3. BMW expects the full-year automotive business EBIT profit margin to be -0.5% to 0.5%, previously expected to be 1% to 3%, and the market estimate is 1.94%.
4. Iran denied reports that it was about to reach an agreement with the United States, saying that there had been no new progress in the agreement with the United States.
5. The United States is reported to be negotiating with Venezuela to seek to establish a potential long-term military presence in the country.
6. JPMorgan Asset Management analyst Bob Michele called on the U.S. Treasury Department to cancel the issuance of 20-year Treasury bonds.
7. U.S. API crude oil inventories decreased by 5.267 million barrels last week, compared with an expected increase of 1.987 million barrels, and the previous value decreased by 2.031 million barrels.
8. The White House stated that under Trump’s order, the United States will return to the moon by 2028.
global market
1. The three major U.S. stock indexes closed with mixed gains, with the Dow Jones Industrial Average falling 0.38%, the Nasdaq Composite Index rising 0.83%, and the S&P 500 Index rising 0.37%. Chip stocks rose. The Philadelphia Semiconductor Index rose 2.64%, SanDisk rose more than 4%, Broadcom and AMD rose more than 3%, and Western Digital, ARM, NXP, and Seagate Technology rose more than 2%.
2. International oil prices fluctuated and fell. WTI for December delivery fell by 0.4%, with a settlement price of US$96.09 per barrel; Brent for January delivery fell by 1.1%, with a settlement price of US$103.60 per barrel.
3. International precious metals fell, with spot gold prices falling 0.44% to US$3,929.13 per ounce; spot silver prices falling by 1.66% to US$49.78 per ounce.
4. Livermore’s leading index of Chinese concept stocks closed down 0.08%. Among the constituent stocks, Huirong Technology rose by more than 7%, JD.com rose by more than 2%, Kingsoft Cloud fell by more than 4%, and Wuxin Technology fell by more than 2%. B[Yiwei Lithium Energy's third quarterly report is released: volume and profit increase at the same time Revenue and non-net profit increased by 63.08% and 111.38% year-on-year] On October 23, Yiwei Lithium Energy disclosed its third quarter report for 2026, achieving revenue of 73.390 billion yuan, a year-on-year increase of 63. .08%; net profit attributable to the parent company was 5.240 billion yuan, a year-on-year increase of 86.11%; non-net profit after deduction was 4.095 billion yuan, a year-on-year increase of 111.38%. Both revenue and profit hit a record high in a single quarter.
Total shipments of power energy storage batteries were 133.69GWh, a year-on-year increase of 61.07%, of which power battery shipments were 66.17GWh, a year-on-year increase of 91.30%. The company is the first domestic enterprise to achieve mass production of 46 series large cylinders and is a core supplier of BMW. It has been equipped with new generation models such as iX3 and i3, and has been exclusively equipped with Hongqi G919. According to third-party data, the company's domestic power battery installation volume rose to fourth in the third quarter, and its energy storage shipments ranked among the top three in the world.
On October 20, the company released the all-solid-state "Longquan No. 3 2.0" and two-wheeled vehicle sodium power solutions. The volume energy density of Longquan No. 3 2.0 reaches 1045Wh/L and can be used in the field of implantable brain-computer interfaces. The company's rich multi-scenario technology reserves lay a solid foundation for long-term growth. B[Huang Renxun, Su Zifeng and others serve as members of the Advisory Committee of Tsinghua University School of Economics and Management] September 29th, the 2026 meeting of the Advisory Committee of Tsinghua University School of Economics and Management will be held in Beijing on October 13th and 14th. This is the 27th annual meeting of the Advisory Committee since its establishment. This year, the advisory committee has 3 new members and 5 new successor members. The three new members are Jensen Huang, founder and CEO of Nvidia, Lisa Su, chairman and CEO of AMD, and Marc Pictet, senior managing partner of Swiss Pictet Group. The five new successor committee members are BMW Group Chairman Milan Nedeljković, Walmart President and CEO John Furner, Coca-Cola CEO Henrique Braun, General Atlantic Capital Group Co-President and Head of Global Growth Equity Investment Martín Escobari, and BP Group CEO Meg O'Neill. The predecessors of the companies where the above-mentioned five successor members work were all members of the College Advisory Committee, but no longer serve due to job changes. B[BMW (China) Automobile Trading Co., Ltd. recalls some imported cars] September 24th, BMW (China) Automobile Trading Co., Ltd. recently filed a recall plan with the State Administration for Market Regulation in accordance with the requirements of the "Regulations on the Recall Management of Defective Automobile Products" and the "Implementation Measures of the Regulations on the Recall Management of Defective Automobile Products". Recall number S2026M0119V: Starting from November 1, 2026, some imported 5 Series cars produced between March 15, 2021 and January 27, 2023 will be recalled, a total of 4,651 vehicles; recall in 2023 Some imported 7 Series cars produced between June 21 and January 9, 2025, a total of 27 vehicles; some imported 8 Series cars produced between March 15, 2021 and November 25, 2025, a total of 2,403 vehicles are recalled. For vehicles within the scope of this recall, the longitudinal spline connection between the drive shaft and the rear axle differential may suffer from excessive wear of the spline tooth surfaces after long-term use. In extreme cases, the spline connection will fail, and power cannot be effectively transmitted to the rear axle differential, resulting in power interruption to the rear axle, posing safety risks. BMW (China) Automobile Trading Co., Ltd. will inspect the longitudinal spline wear between the drive shaft and the rear axle differential for the vehicles within the recall scope free of charge, and replace the drive shaft and/or rear axle differential if necessary; it will also apply special adhesive to all vehicles for bonding and sealing when reinstalling to eliminate safety hazards. B[BMW recalls 5,593 imported S1000RR motorcycles] September 18th, BMW (China) Automobile Trading Co., Ltd. recently filed a recall plan with the State Administration for Market Regulation in accordance with the requirements of the "Regulations on the Recall Management of Defective Automobile Products" and the "Implementation Measures of the Regulations on the Recall Management of Defective Automobile Products". Recall number S2026M0118V: Starting from now, some imported S1000RR motorcycles produced between October 27, 2020 and April 7, 2026, a total of 5,593 units, will be recalled. For motorcycles within the scope of this recall, due to design reasons, under certain operating conditions, the internal components of the ignition lock may be affected by vibration and wear, resulting in poor electrical contact and ignition misfire. If ignition is interrupted, the engine stalls, and all electrical functions such as lights, instrument clusters, and various auxiliary systems fail, posing safety risks. BMW (China) Automobile Trading Co., Ltd. will entrust authorized dealers to upgrade the software for the vehicles within the recall scope free of charge, add a two-level warning mechanism, and conduct functional tests after the software upgrade for vehicles with a mileage of more than 1,500 kilometers. If there are corresponding fault records, the ignition lock will be replaced to eliminate safety hazards. B[BMW (China) Automobile Trading Co., Ltd. and BMW Brilliance Automobile Co., Ltd. recall some imported and domestic cars] September 4th, BMW (China) Automobile Trading Co., Ltd. and BMW Brilliance Automotive Co., Ltd. recently filed a recall plan with the State Administration for Market Regulation in accordance with the requirements of the "Regulations on the Management of Recalls of Defective Automobile Products" and the "Implementation Measures of the Regulations on the Management of Recalls of Defective Automobile Products".
1. BMW (China) Automobile Trading Co., Ltd.
Recall number S2026M0091V: Starting from October 30, 2026, some imported 2 Series, 4 Series, 5 Series, 6 Series, X4, X5, X6 and Z4 cars produced between February 22, 2021 and April 29, 2025, a total of 93,071 vehicles will be recalled.
For some vehicles within the scope of this recall, due to starter production reasons, abnormal wear may occur inside the starter after the vehicle is started multiple times, making it difficult to start the vehicle. In extreme cases, it may cause an internal short circuit in the starter, causing local overheating, posing a risk of fire.
BMW (China) Automobile Trading Co., Ltd. will replace the vehicles within the recall scope with improved starters free of charge to eliminate safety hazards.
This recall is an expanded recall of the "BMW (China) Automobile Trading Co., Ltd. Recalls Some Imported Vehicles" recall released on March 11, 2026.
2. BMW Brilliance Automobile Co., Ltd., BMW (China) Automobile Trading Co., Ltd.
Recall number S2026M0092V: Starting from October 30, 2026, some domestic 5 Series cars produced between December 11, 2017 and August 28, 2020 will be recalled, a total of 57,423 vehicles.
Recall number S2026M0093V: Starting from October 30, 2026, some imported 7 Series cars produced between June 29, 2016 and January 18, 2018 will be recalled, a total of 364 vehicles.
Some vehicles within the scope of this recall have poor waterproof performance of the engine starter relay due to design reasons. When the vehicle is wading in water, water may enter the relay, causing circuit corrosion and causing an internal electrical short circuit. In extreme cases, it may cause local overheating of the starter, posing a risk of fire.
BMW Brilliance Automobile Co., Ltd. and BMW (China) Automobile Trading Co., Ltd. will replace the vehicles within the recall scope with improved starters free of charge to eliminate safety hazards.
This recall is an expanded recall of the "BMW (China) Automobile Trading Co., Ltd. and BMW Brilliance Automobile Co., Ltd. recall some imported and domestically produced vehicles" released on November 14, 2025.
3. BMW Brilliance Automobile Co., Ltd., BMW (China) Automobile Trading Co., Ltd.
Recall number S2026M0094V: Starting from now, some domestic X1, X5 and 5 series cars produced between May 15, 2023 and April 30, 2024, a total of 157 vehicles, will be recalled.
Recall number S2026M0095V: Starting from now, some imported X2, X6, X7, 5 Series, 7 Series, and MINI JCW Countryman cars produced between July 6, 2022, and June 25, 2024, a total of 61 vehicles will be recalled.
This recall is another recall of the "BMW (China) Automobile Trading Co., Ltd., BMW Brilliance Automobile Co., Ltd. and Beam Automobile Co., Ltd. recall some imported and domestic vehicles" issued on September 11, 2024 and November 22, 2024.
For some vehicles within the scope of this recall, there may be operational deviations or software download abnormalities during the implementation of the above-mentioned recall activities, resulting in the failure of the vehicle software to be successfully upgraded to the target version. If there is a potential risk in the integrated brake booster device (DSCi), it will not be able to send out early warning information through the vehicle system as expected, posing safety risks.
BMW Brilliance Automotive Co., Ltd. and BMW (China) Automobile Trading Co., Ltd. will reinstall the on-board diagnostic software for vehicles within the recall scope free of charge. The software can monitor potential risks of DSCi and issue early warning messages through the vehicle system, prompting users to return to the store to replace DSCi parts for free to eliminate potential safety hazards.
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