Pre-market news on October 13

【Answer 1】 No.1 Macro News I. Macro Policies and Industry Dynamics The Ministry of Finance and the State Taxation Administration issued an announcement stating: (i) effective April 1, 2027, the VAT export refund rate for new-energy vehicles will be reduced from 13% to 9%; (ii) effective April 1, 2027, VAT export refunds for electronic cigarette devices and related products will be abolished; (iii) for products subject to consumption tax among those listed above, the existing consumption tax export refund (or exemption) policy remains unchanged; (iv) the applicable export VAT refund rate for products listed in this announcement shall be determined based on the export date indicated on the export customs declaration. The "15th Five-Year Plan for Railway Science and Technology Innovation" has been officially released: steadily advancing research on 600 km/h high-speed maglev technology and experimental verification of key domesticated technologies. Conducting applied research on artificial intelligence across train systems, infrastructure, and operation & maintenance systems. During the "15th Five-Year Plan" period (2026–2030), China will invest over RMB 5 trillion in building a new-type power grid; by 2030, a preliminary new-type power grid will be established—capable of efficiently accommodating over 2.8 billion kW of new-energy generation capacity. According to the China Construction Machinery Industrial Association, excavator sales totaled 214,274 units from January to September, up 23.1% year-on-year. Price hikes for electronic fabric took effect in October; multiple listed companies confirmed that the increase represents one of the highest levels seen this year, with newly added production capacity expected to come online en masse before the end of next year. PineDrama, launched approximately nine months ago, has surpassed 100 million cumulative downloads and maintains around 7 million daily active users—making it one of the fastest-growing short-drama apps overseas. Vietnam has initiated an interim anti-dumping review investigation on H-beams originating from China. Saudi Arabia’s Minister of Energy stated at the Riyadh World Petroleum Congress that the Kingdom’s oil pipeline expansion plan is expected to raise its oil transportation capacity to 10 million barrels per day. AMD unveiled the Helion open-rack-level AI architecture, supporting up to 32,768 CPU cores. Marvell launched its second-generation Structera X CXL memory expanders, with each controller supporting up to 9 TB of DDR4 memory. European corn and wheat futures rose as the U.S. Department of Agriculture lowered its forecast for EU grain output. Trafigura signed a 10-year lithium product off-take agreement with U.S.-based EnergyX, covering 100,000 metric tons of battery-grade lithium products. No.2 Announcements I. Major Investments, Construction Projects, and Private Placements Yantian Port: Plans to invest RMB 3.788 billion in the Phase I project of Shen Zhang Port Terminal; Xingyun Technology: Signed an upgraded strategic cooperation framework agreement with Xiaoshan Economic Development Zone State-Owned Capital Group, adding an AI server integrated manufacturing base project; raised the total contract value for computing-power services to RMB 3.357 billion; Hongxin Electronics: Its subsidiary signed a procurement contract worth RMB 2.983 billion for high-performance server computing chips; Weidao Nano: Proposed private placement raising up to RMB 4.944 billion, to fund semiconductor equipment projects and a cutting-edge thin-film deposition R&D center; Changan Automobile: Its European localized production base will reach 180,000-unit annual capacity by 2028, with a planned 350,000-unit capacity to be realized by 2030. II. Mergers & Acquisitions, Purchases, and Asset Restructuring Guoen Co., Ltd.: Plans to acquire 80% equity stake in Zhongqi Energy for RMB 1.504 billion; the target company specializes in specialty electronic gases; Anjing Food: Plans to acquire a 60.0005% controlling stake in IFC for USD 30.47 million; the target company specializes in baked goods.

Global and Chinese Lithium Extraction and Refining Development Models and Prospects Report: 2025–2031

【Answer 2】 4.5 Compliance, Risk Control, and Tariff-Avoidance Strategies 4.6 Channel Transformation and Business Model Innovation 5 Future Outlook: Global Industrial Landscape Reshaping and China’s Role 5.1 Long-Term Trend Forecasts 5.2 Strategic Recommendations 6 Global Regional Market Size and Growth Potential of Emerging Markets 6.1 Global Lithium Extraction and Refining Sales Revenue (2020–2031) 6.2 Market Size Analysis of Lithium Extraction and Refining Across Key Global Regions: 2020 vs. 2024 vs. 2031 6.2.1 Global Regional Lithium Extraction and Refining Sales Revenue and Market Share (2020–2025) 6.2.2 Forecast of Global Regional Lithium Extraction and Refining Sales Revenue (2026–2031) 6.3 Current Traditional Market Analysis 6.4 Future Emerging Market Analysis 6.5 Distribution and Market Share of Key Potential Market Players 7 Profiles of Major Enterprises 7.1 Lilac Solutions 7.1.1 Company Information, Headquarters, Market Position in Lithium Extraction and Refining, and Key Competitors 7.1.2 Introduction to Lilac Solutions’ Lithium Extraction and Refining Products and Services 7.1.3 Lilac Solutions’ Lithium Extraction and Refining Revenue and Gross Margin (2020–2025) (in USD millions) 7.1.4 Company Profile and Core Business Activities 7.1.5 Latest Corporate Developments 7.2 EnergyX 7.2.1 Company Information, Headquarters, Market Position in Lithium Extraction and Refining, and Key Competitors 7.2.2 Introduction to EnergyX’s Lithium Extraction and Refining Products and Services 7.2.3 EnergyX’s Lithium Extraction and Refining Revenue and Gross Margin (2020–2025) (in USD millions) 7.2.4 Company Profile and Core Business Activities 7.2.5 Latest Corporate Developments 7.3 Sunresin 7.3.1 Company Information, Headquarters, Market Position in Lithium Extraction and Refining, and Key Competitors 7.3.2 Introduction to Sunresin’s Lithium Extraction and Refining Products and Services 7.3.3 Sunresin’s Lithium Extraction and Refining Revenue and Gross Margin (2020–2025) (in USD millions) 7.3.4 Company Profile and Core Business Activities 7.3.5 Latest Corporate Developments 7.4 Saltworks 7.4.1 Company Information, Headquarters, Market Position in Lithium Extraction and Refining, and Key Competitors 7.4.2 Introduction to Saltworks’ Lithium Extraction and Refining Products and Services 7.4.3 Saltworks’ Lithium Extraction and Refining Revenue and Gross Margin (2020–2025) (in USD millions) 7.4.4 Company Profile and Core Business Activities

EnergyX signs binding $2 billion lithium supply deal with Trafigura

17 hours ago

EnergyX secured a $2 billion binding agreement with Trafigura to supply 100,000 metric tons of lithium over ten years via direct extraction technology. Production begins in 2028 in Chile and 2029 in Texas to meet battery storage demand.

reuters

2026-04-17

Yergin: Middle East Energy Supply Recovery May Take Years Despite Immediate Ceasefire; India Power Plant Explosion Death Toll Rises to 20

2026-04-22

Energy Insider | Domestic Fuel Prices Cut for First Time This Year; PV Modules, Lithium Carbonate Prices Rise

2026-04-26

Origin Energy's Third-Quarter APLNG Revenue Slips on Lower Production, Realised Prices

2026-04-28

EVelution Energy signs $850 million deal with Mitsui to supply cobalt

2026-05-13

US Firm Building Cobalt Refinery Signs Congo Supply Agreement