B[Guangdong Hongyuan A: Plans to acquire 100% equity of Jinwangda Electromechanical Co., Ltd. for 550 million yuan] On October 15, Guangdong Hongyuan A (000573.SZ) announced that the company plans to acquire 100% equity of Shenzhen Jinwangda Electromechanical Co., Ltd. in cash, with a transaction price of no more than 550 million yuan. The production base of the target company is located in Dongguan City, focusing on the production and manufacturing of precision transmission functional components. Its core products include precision linear guides, precision ball screws, precision planetary roller screws, precision reducers, KKR steel-based modules, GTHA embedded aluminum-based modules, aluminum-based screw modules, etc., which are widely used in high-end automation fields such as new energy, 3C electronics, LCD/LED panels, automobile manufacturing equipment, and medical care. B[Fawer Shares: 64 new orders in the third quarter of 2026, estimated life cycle revenue of 12.33 billion yuan] On October 15, Fawer Shares (000030.SZ) announced that the company had a total of 64 new orders in the third quarter of 2026. Calculated based on the customer's planned output, the total life cycle revenue of the orders is expected to be 12.33 billion yuan. Among them, there are 46 orders outside the traditional market, accounting for 26.8% of the order revenue, with an estimated revenue of 3.31 billion yuan; new energy orders account for 82.9%. As of the end of September, the company had accumulated 216 new orders this year, with total expected life cycle revenue of 37.72 billion yuan. The company's rear-wheel steering and steer-by-wire products have been designated by Hongqi for multiple models, its pump products have successfully entered Ferrari's top sports car supporting system, and its fastener products have achieved breakthroughs in supporting high-end new energy vehicles. B[Weishi Electronics: The proportion of new energy terminal business continues to increase and is an important source of growth for the company] On October 15th, Weishi Electronics stated at the 2026 semi-annual performance briefing that the company has maintained stable cooperation with mainstream automotive panel customers such as Tianma, China Star Optoelectronics, and AUO, and its terminals cover many domestic and foreign mainstream and new energy car companies. In the first half of 2026, the company continued to tap the potential of existing customers and obtained multiple new projects for automotive backlight modules. At present, the proportion of new energy terminal business continues to increase and is an important source of growth for the company. In the second half of 2026, competitive pressure in the automotive industry will still exist objectively. The company will make every effort to promote the ramp-up of the production capacity of the Huai'an base, promote the mass production and delivery of designated projects in hand, optimize the product structure, continue to reduce costs and increase efficiency, and strive to improve operating performance. However, there are uncertainties in the demand of the downstream vehicle industry and the progress of customer projects. B[China has approved the release of more than 600 national standards for clean energy such as hydropower and photovoltaics.] On October 14, reporters learned from the World Standards Day themed event co-sponsored by the State Administration for Market Regulation and other four departments that China is the world's largest energy producer and consumer. The development of clean energy industries such as wind power, photovoltaic, nuclear energy, and ultra-high voltage ranks among the top in the world, and standardization work has played an important supporting role. At present, China has approved the release of more than 600 national standards for clean energy such as hydropower, photovoltaic, solar thermal, and hydrogen energy, more than 1,300 group standards, and 345 foreign language versions of national standards. China has taken the lead in formulating and publishing 174 international energy standards, accounting for about 15% of all published international energy standards. China also serves as the secretariat of 10 technical agencies of international standards organizations, including solar energy and mechanical energy storage, and serves as the convener of 34 working groups, making positive contributions to strengthening international cooperation in energy standards and promoting global green transformation. At the theme event, the National Standards Committee released a batch of national standards for clean energy, announcing the "Practice of Transforming Scientific and Technological Achievements into Standardization in the Field of New Energy and Renewable Energy" and the "Blue Book on Standardization of China's Hydrogen Energy Industry (2026)". (CCTV News) B[Passenger Car Association Branch: From October 1 to 11, 281,000 new energy passenger vehicles were sold in the national passenger car market A 13% decrease compared to the same period in October last year] On October 14, the China Passenger Car Association released data. From October 1 to 11, the national passenger car market retailed 459,000 units, a decrease of 24% from the same period in October last year, and an increase of 7% from the same period last month. Since the beginning of this year, the cumulative retail sales of 13.793 million units, a year-on-year decrease of 22%; from October 1 to 11, the national passenger car market There were 281,000 new energy vehicles sold in the new energy market, down 13% from the same period in October last year and 7% from the same period last month. Since the beginning of this year, there have been a total of 8.039 million retail sales, down 13% from the same period last year. From October 1 to 11, the retail penetration rate of new energy in the national passenger car market was 61.2%; from October 1 to 11, the wholesale penetration rate of new energy among national passenger car manufacturers was 78.1%. B[Chengdu Municipal Party Committee Secretary Cao Lijun met with an inspection delegation of German new energy and equipment intelligent manufacturing small and medium-sized enterprises] On October 14th, Cao Lijun, member of the Standing Committee of the Sichuan Provincial Party Committee and Chengdu Municipal Party Committee Secretary, met with a delegation of German new energy and equipment intelligent manufacturing small and medium-sized enterprises led by Walter Dorling, chairman of the German World Hidden Champions Society and executive chairman of the European Economic Senate. Cao Lijun said that he hopes that all members of the delegation will give full play to their role as bridges and links to drive more German leading companies and hidden champions in the fields of machinery manufacturing, artificial intelligence, green and low carbon to invest in Chengdu, carry out more normal, broader and more effective exchanges and cooperation, share opportunities in Chengdu's modernization construction, and achieve mutual benefit and win-win results in deepening cooperation. We will make every effort to create a market-oriented, legal and international first-class business environment, provide more convenient and high-quality services, and support the majority of enterprises to deepen their long-term development in Chengdu and achieve greater development. (Chengdu Daily) B[Shanghai: Promote the agglomeration and growth of new energy vehicles, new energy storage, smart grids, and high-efficiency energy-saving equipment industries] On October 13, the General Office of the Shanghai Municipal People's Government issued the "Shanghai 15th Five-Year Plan for Energy Saving, Carbon Reduction, and Circular Economy Development." It is proposed to strengthen the agglomeration of green and low-carbon advantageous industries. Promote the agglomeration and expansion of new energy vehicles, new energy storage, smart grids, and high-efficiency energy-saving equipment industries. Accelerate the construction of major industrial projects such as green methanol, sustainable aviation fuel, and superconducting strips. Promote the deep integration of digitalization and greening, and use new generation information technologies such as artificial intelligence, big data, and the Internet of Things to generate new business formats and models such as smart energy and green manufacturing. Support and cultivate a group of green and low-carbon technical service institutions with high professionalism, strong innovation and great influence, and encourage the development of carbon-related accounting, evaluation, certification, management, consulting and other businesses. Promote the innovation of green financial products and tools, and encourage relevant enterprises and social capital to establish green and low-carbon industry funds. B[Shanghai: Encourage existing fuel-burning passenger cars to be updated to new energy vehicles. The number of fuel-burning passenger cars will reach a peak plateau by 2030] On October 13, the General Office of the Shanghai Municipal People's Government issued the "Shanghai's 15th Five-Year Plan for Energy Saving, Carbon Reduction and Circular Economy Development." It pointed out that we will promote the electrification and low-carbonization of new sanitation, official ships, ferries and other inland water vessels. Carry out early elimination and replacement of high-pollution and high-emission vehicles. Accelerate the replacement of vehicles with new energy sources in areas such as logistics, distribution, and environmental sanitation. Accelerate the large-scale application of new energy heavy trucks. Encourage existing fuel-burning passenger cars to be upgraded to new energy vehicles. By 2030, the number of fuel-burning passenger cars will reach a peak level. Continue to improve the energy efficiency of aircraft, ships and other transportation vehicles, and improve the level of energy-saving and carbon-reducing technologies such as fuselage and hull configurations and power systems. Accelerate the elimination of non-road mobile machinery of National Grade II and below. By 2030, qualified internal vehicles and operating machinery such as ports, logistics bases, and airports will basically complete the replacement of clean energy with clean energy. B[Three departments: Carry out ship financing leasing, standardized box power supply leasing and other businesses] On October 13, the Ministry of Transport, the Ministry of Industry and Information Technology, and the National Energy Administration issued the "Action Plan for the Promotion and Application of Inland River New Energy Ships (2026-2030)" to encourage innovative business models. Support cargo owners, equipment, energy, ports and shipping companies to leverage their advantages and explore new models for integrated development of the entire chain. Give full play to the advantages of the battery industry, support the development of new business models for battery replacement such as ship power separation and battery banks, and carry out business such as ship financing leasing and standardized box power supply leasing. Encourage energy, port and shipping companies to establish long-term stable price mechanisms linked to traditional energy sources. B[Three departments: Accelerate the promotion and application of methanol-powered ships and build methanol filling facilities in Chongqing, Yichang, Wuhan, Nanjing and other places] On October 13, the Ministry of Transport, the Ministry of Industry and Information Technology, and the National Energy Administration issued the "Action Plan for the Promotion and Application of Inland River New Energy Ships (2026-2030)". It is proposed to accelerate the promotion and application of methanol-powered ships. On the Yangtze River trunk line, we will focus on building zero-carbon transportation demonstration routes for containers, dry bulk cargo, and roll-on methanol-powered ships such as Chongqing-Shanghai, Chongqing-Yichang, and Ma'anshan-Ningbo. We will also build methanol filling facilities in Chongqing, Yichang, Wuhan, Nanjing, and other places to form a filling service capability that runs through the Yangtze River trunk line. Support the Xijiang shipping trunk line to create zero-carbon transportation demonstration routes for dry bulk methanol-powered ships such as Nanning-Guangzhou and Wuzhou-Guangzhou. B[Three Departments: Accelerate the application of electric ships in passenger and freight scenarios within 300 kilometers and less than 3,000 deadweight tons] On October 13, the Ministry of Transport, the Ministry of Industry and Information Technology, and the National Energy Administration jointly issued the "Action Plan for the Promotion and Application of New Energy Ships on Inland Rivers (2026-2030)", which mentioned accelerating the application of electric ships in passenger and freight scenarios within 300 kilometers and less than 3,000 deadweight tons. Promote the application of electric cargo ships in short- and medium-distance container and dry bulk transportation scenarios such as inland rivers with relatively fixed routes or direct river-sea connections on specific routes; promote electric passenger ships in sightseeing and ferry scenarios in riverside and lake reservoir areas. Encourage official ships, port ships, yachts, etc. to use battery power. Increase the promotion and application of methanol-powered ships in long-distance and large-tonnage freight scenarios. Focus on long-distance transportation scenarios such as direct river-sea and river-sea combined transport, and promote the use of methanol-powered ships for containers, bulk bulk cargo, and roll-on/roll-off transportation. Encourage all localities to explore other energy applications such as hydrogen energy based on actual conditions. Support the application of biodiesel, green methanol and other renewable energy sources on ships. B[Three departments: By 2028, the number of new energy ships on inland rivers will double compared with 2025] On October 13, the Ministry of Transport, the Ministry of Industry and Information Technology, and the National Energy Administration issued the "Action Plan for the Promotion and Application of New Energy Ships on Inland Rivers (2026-2030)". It is proposed that by 2028, the number of new energy ships on inland rivers will double compared with 2025, including more than 1,000 electric transport ships, more than 100 methanol-powered ships, and a significant increase in the number of electric official ships, port ships, etc., and initially realize full-scenario demonstration applications. The methanol refueling service capacity of the Yangtze River trunk line has been fully connected, and the ship charging and swapping facilities in the Yangtze River Delta water network area have basically become a network. The Yangtze River and Xijiang shipping trunk lines, the Beijing-Hangzhou Canal shipping green channel, and the Yangtze River Delta and other ship electrification pioneer areas have been basically completed, and a total of 3,000 kilometers of zero-carbon water transportation channels have been formed.
By 2030, the number of new energy ships on inland rivers and the mileage of zero-carbon water transportation channels will continue to increase, and an industrial ecosystem with rich business formats in all scenarios, strong support for the entire chain, and a sound high-standard system will be basically established, and the large-scale application of new energy ships will be initially realized. B[2026 World New Energy and New Materials Conference held in Ordos City] October 13th, 2026 World New Energy and New Materials Conference opened in Ordos City on October 12th. With the theme of "Multiple Collaboration and Multi-Energy Complementation to Create a New Global Energy Ecosystem", the conference brought together domestic and foreign academicians and experts, and representatives of leading industry companies, and attracted more than 300 companies and more than 8,000 guests to participate in the exhibition to jointly explore the path to green energy transformation and help accelerate the development of new productivity. The World New Energy and New Materials Exhibition will be held concurrently with the conference, with an exhibition area of 30,000 square meters and eight exhibition areas including central state-owned enterprise themes, wind energy, solar photovoltaic, hydrogen energy, energy storage, new energy vehicles, coal-based new materials, and artificial intelligence + energy. The exhibition focuses on the five major industrial chains of wind, light, hydrogen, storage, and vehicles as well as coal-based new materials, displaying cutting-edge achievements from silicon-carbon anodes to long-term energy storage, and from zero-carbon parks to smart grids. A[Morning News Selection on October 13]
1. The three major U.S. stock indexes closed mixed on Monday, with the Dow up 0.38%, the Nasdaq down 0.44%, and the S&P 500 index down 0.06%; the storage, optical communications, and computer hardware sectors fell, with Quantum falling more than 9%, Corning falling 6%, SanDisk falling nearly 6%, SK Hynix and AMD falling more than 4%, and Micron Technology and Seagate Technology falling more than 3%.
2. The Korean stock market suffered a heavy setback in early trading. As of press time, the KOSPI index's decline expanded to 4%, SK Hynix fell nearly 5%, and Samsung Electronics fell nearly 4%.
3. The Ministry of Finance and the State Administration of Taxation issued an announcement on the 12th that starting from April 1, 2027, the export value-added tax rebate rate for new energy vehicles will be reduced from 13% to 9%, and the export value-added tax rebate for products such as electronic cigarette equipment and devices will be cancelled.
4. Wang Li, deputy director of the General Office of the China Securities Regulatory Commission, said on the 12th that Wu Qing, chairman of the China Securities Regulatory Commission, will attend the opening ceremony of the 2026 Financial Street Forum Annual Meeting on October 19 and deliver a keynote speech.
5. Data released by the China Association of Automobile Manufacturers on the 12th showed that in September, 1.053 million vehicles were exported, including 571,000 new energy vehicles, a year-on-year increase of 1.6 times; from January to September this year, 4.006 million new energy vehicles were exported, a year-on-year increase of 1.3 times.
6. The Hong Kong Exchange and S&P Dow Jones Indices cooperated to launch the S&P 500 HKEX Technology 100 Index. About 60% is allocated to the HKEX Technology 100 Index and 40% is allocated to the S&P 500 Index.
7. Lianxun Instruments announced that the net profit attributable to shareholders of listed companies in the first three quarters of 2026 is expected to be 1.900 billion-2.100 billion yuan, a year-on-year increase of 1866%-2073%, and a month-on-month increase of 197%-241%. Yuanjie Technology announced that its net profit in the third quarter is expected to increase by 579%-660% year-on-year.
8. Ultrasonic Electronics announced that Q3 net profit is expected to increase by 181%-206% month-on-month, and copper-clad laminate product orders will increase with sufficient orders; Northern Rare Earth announced that net profit in the first three quarters is expected to increase by 135%-139% year-on-year, and the prices of major rare earth products are generally at a high level. Hanyu Pharmaceutical announced that its net profit in the first three quarters is expected to increase by 503%-531% year-on-year.
9. Microguide Nano announced that it plans to raise no more than 4.944 billion yuan in additional capital, which will be used for semiconductor equipment projects, cutting-edge thin film deposition technology research and development center projects, etc.
10. 2Lianban Remote Shares announced that it is planning to acquire control of a certain company; Kerisi announced that it is planning to purchase 100% equity of Shenzhen Honggang Optoelectronic Packaging Technology Co., Ltd., and the stock will be suspended from today.
11. Xingyun Technology announced that it has increased the total amount of the computing power service contract to 3.357 billion yuan, an increase of approximately 9.96% from the original contract.
12. JPT announced that it has received optical fiber connector purchase orders of approximately 1.11 billion yuan from North American customers so far in 2026.
13. Fenghua Hi-tech announced that the controlling shareholder Guangsheng Holding Group plans to reduce its holdings by no more than 6.8556 million shares; Huagong Technology announced that the indirect controlling shareholder increased its holdings by 239,200 shares yesterday and plans to continue to increase its holdings by 50 million to 100 million yuan.
14. Jianghuai Automobile announced that sales of new energy passenger vehicles fell by 18.85% year-on-year in September.
15. Saudi Arabia is studying to expand the crude oil pipeline transportation capacity to areas outside the Persian Gulf to 10 million barrels per day in the next two to three years.
16. The President of the Cleveland Fed advocates small and rapid adjustments to monetary policy to keep inflation expectations stable and avoid major corrections in the future.
17. Data from real estate brokerage companies show that the number of second-hand housing contracts in the United States in September hit the lowest level in the past 12 years, and soaring mortgage interest rates have severely dampened demand for home purchases.
18. Meta released the new artificial intelligence model Muse Wonder, and executives said its performance was at the forefront of the industry. Zuckerberg hinted that Meta will further increase spending in the future, and model development is expected to be significantly accelerated.
19. Microsoft is preparing to deploy the latest version of its self-developed chips in data centers with a scale of several gigawatts.
20. Apple will hold a new smart home product launch conference in New York on October 13. The main product is a smart home hub.
21. Goldman Sachs strategists have turned bullish on the short-term trend of global stock markets and expect corporate earnings to further boost the market.
22. Kazakhstan, a major buyer in the gold market, began selling gold reserves as rising U.S. bond yields increased the appeal of the U.S. dollar.
23. The Royal Swedish Academy of Sciences announced on the 12th that Robert E. Hall and Michael Woodford won the Nobel Prize in Economic Sciences in recognition of their development of new macroeconomic models and significantly improved their ability to implement effective stabilizing policies. B[The A-share M&A and reorganization market continues to grow in popularity] October 13th, as of October 12, Wind data showed that, based on the first disclosure date, 3,188 listed companies in the A-share market have disclosed the progress of M&A and reorganization since this year. The targets of the restructuring focus on strategic emerging industries such as semiconductors, artificial intelligence, high-end equipment, biomedicine, and new energy, which accurately fit the development direction of new productive forces and promoted the deep integration of technology, capital, and industry. Market participants believe that with the continued empowerment of policies, China's M&A market is expected to continue to be active, and areas that are in line with the construction of a modern industrial system and the development direction of new productive forces will become the focus. The A-share M&A market bids farewell to extensive expansion and shows a clear trend of new industries, deep integration, and convergence of policies, injecting lasting momentum into the high-quality development of the real economy. (China Securities Journal) B[Chery Automobile, BYD, SAIC, etc. are all stepping up research and development to speed up the "onboarding" of solid-state batteries.] On October 13, the solid-state battery research and development process of many Chinese car companies is accelerating. On October 12, the relevant person in charge of Chery Automobile confirmed to a reporter from the Shanghai Securities News that the solid-state battery research and development of the company’s battery division is progressing steadily. On October 8, Chery Automobile released a number of solid-state battery equipment procurement projects in 2026, covering core aspects such as solid-state battery research and development, preparation, and testing. Not only Chery Automobile, the reporter learned from interviews that mainstream domestic car companies with new energy businesses such as BYD, SAIC, and Dongfeng Motor have recently stepped up their research and development of solid-state batteries. Industry experts told reporters that the "incorporation" of solid-state batteries into vehicles is one of the main development directions of new energy vehicles in the world and is also a "must be fought for by military strategists." As competition in the new energy vehicle industry escalates, it is foreseeable that major Chinese car companies will launch their own solid-state battery models in the future. At the same time, domestic battery industry chain companies will usher in new industry opportunities. (Shanghai Securities News)
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