A-share Announcement Highlights | BYD Company Limited (002594.SZ): Second generation blade battery capacity unable to meet demand, rapid growth in orders after flash charging technology release.

Today's Focus 1. BYD Company Limited: Second-generation blade battery production capacity in short supply, rapid growth in orders after flash charging technology release BYD Company Limited announced that after the launch of the company's second-generation blade battery and flash charging technology in March, orders saw a rapid increase, with current production capacity unable to meet demand. The company is working to increase the production capacity of the second-generation blade battery to meet order requirements. Once the production capacity of the second-generation blade battery is released next year, both domestic and international markets will be targeted, and the flash charging ecosystem will be introduced globally. In terms of intelligence, the company released its first 4nm Xuanji A3 chip, with over 3.15 million assisted driving vehicles and generating over 200 million kilometers of data daily. It has prepared comprehensively for L3 level autonomous driving in terms of chip, algorithm, data, and ecosystem, and has established global driving training centers in Europe, South America, Southeast Asia, and the Middle East to quickly advance after regulations are in place. In terms of overseas markets, the company aims to achieve sales of 1.05 million vehicles in 2025 and is confident of exceeding the original sales target in 2026, with a strategy of "leading in Latin America, breakthrough in Europe, and multiple points in the Asia-Pacific region." 2. Tianqi Lithium Corporation: Partial fire incident at the third-phase chemical-grade lithium concentrate factory of Talison Lithium Pty Ltd Tianqi Lithium Corporation announced that its subsidiary, Talison Lithium Pty Ltd, reported a partial fire incident at its third-phase chemical-grade lithium concentrate factory in Australia during maintenance. The fire in the affected area has been promptly extinguished, all on-site personnel have been safely evacuated, and there are no reports of injuries; some equipment at the factory was damaged, but the main equipment and production lines were unaffected. Following the incident, Talison immediately initiated emergency plans, and an investigation into the event has begun. As of the disclosure of this announcement, Talison is assessing the losses, impact, and necessary repairs resulting from the incident. This incident may impact the climbing production progress of Talison's third-phase chemical-grade lithium concentrate factory to a certain extent, with specific effects to be determined after further evaluation. Other operating lithium concentrate factories of Talison are not affected by this incident. 3. Jiangsu Lopal Tech. Group: Controlling subsidiary plans to invest 1.088 billion yuan to construct the third-phase lithium source project in Indonesia Jiangsu Lopal Tech. Group announced that its controlling subsidiary, Lithium Source (Asia-Pacific) intends to invest in Indonesia through its wholly-owned subsidiary, Lithium Source Indonesia (Patang), to establish a "New Energy Vehicle Power and Energy Storage Battery Cathode Material Mass Production Project." The total investment of the project is approximately 160 million US dollars (approximately 1.088 billion yuan), planning to build an annual production capacity of 120,000 tons of second-generation and third-generation lithium iron phosphate cathode materials. The matter has been reviewed and approved by the board of directors, and further deliberation and filing/approval by shareholders' meetings and relevant authorities are still required. 4. Ningbo Orient Wires & Cables: Recently won projects with a total amount of approximately 52.31 billion yuan, with the deep-sea technology project winning a total bid amount of approximately 7.62 billion yuan Ningbo Orient Wires & Cables announced that the company and its wholly-owned subsidiary, Orient Hai Engineering Institute, have received successive bid notification letters, confirming the winning bids for green power transmission facilities, new energy in the power sector, and deep-sea technology projects, with a total bid amount of approximately 52.31 billion yuan. Among them, the green power transmission facilities project was won for approximately 33.56 billion yuan, the new energy in the power sector project for approximately 11.13 billion yuan, and the deep-sea technology project for approximately 7.62 billion yuan. This bidding will lay a foundation for the company's performance growth during the "14th Five-Year Plan" period, but there is uncertainty in contract signing and execution. 5. Shenzhen Das Intellitech: First, second, and fifth largest shareholders plan to collectively reduce their shareholding by no more than 4.09% Shenzhen Das Intellitech announced that substantial shareholder Changdu Dashishi, actual controller Liu Bang, director Cheng Pengsheng, and Su Junfeng plan to collectively reduce their shareholding by no more than 86.626 million shares (accounting for 4.09% of the company's total share capital) within 3 months after 15 trading days from the date of disclosure through bulk trade or centralized bidding, with the reason for reduction being the need for fund use. 6. Jiang Su Alcha Aluminium Group: Planning share transfer matters, continuous trading suspension not exceeding 3 trading days Jiang Su Alcha Aluminium Group announced that the company's stock has been continuous suspended since the morning of June 11, 2026. The suspension period is expected not to exceed 3 trading days. The controlling shareholder, Qilu Caijin, is planning share transfer matters that may lead to changes in the company's control. As of the disclosure date of this announcement, the two parties have not signed a formal agreement, so the company cannot resume trading on June 11, 2026. During the suspension period, the company will fulfill its disclosure obligations based on progress and will release relevant announcements and apply for resumption once the matter is determined. 7. Jiangsu Shuangxing Color Plastic New Materials: Short-term impact of MLCC release film business on the company's performance is minimal Jiangsu Shuangxing Color Plastic New Materials issued a price surge announcement, stating that the company's business revenue from MLCC release film currently accounts for less than 1% of the total operating income, with products primarily used in consumer electronics and automotive electronics fields. The company does not currently engage in AI computing-related products, as the company's MLCC release film is used in the MLCC casting process, with costs accounting for approximately 10%-20%. The business has minimal short-term impact on the company's performance. Investors are advised to be cautious, make rational decisions, and invest prudently, as the market demand for consumer electronics is susceptible to global economic conditions, consumer sentiment changes, product iteration cycles for smartphones, tablets, computers, among others, and fluctuations in the market. The industry is highly competitive and vulnerable to price pressures, with potential risks arising from various factors such as volatility in core raw material prices, international trade frictions, and geopolitical policy changes, which can lead to uncertainties in downstream order fluctuations, production cost fluctuations, product delivery disruptions, and uncertainties in sales volumes, revenue, and operational efficiency for the company. 8. Yuenan New Materials: Not directly involved in the TLVR inductor business, only provides basic magnetic materials to downstream inductor industry Yuenan New Materials issued an announcement on abnormal stock trading fluctuations, stating that the market has recently paid close attention to the TLVR concept. The company is not directly involved in the TLVR inductor business but provides basic magnetic materials to the downstream inductor industry. The company's product supply and revenue in related applications are minimal and do not significantly affect the company's overall operational performance and revenue. 9. Henan Liliang Diamond: Plans to invest 1.028 billion yuan to build a diamond functional material project focusing on thermal materials, optical materials, and other high-end chains Henan Liliang Diamond announced that the Board of Directors has approved the amendment of some raised capital investment projects and intends to allocate the unused funds of 1.028 billion yuan from the "Shangqiu Henan Liliang Diamond Technology Center and Cultivated Diamond Intelligent Factory Construction Project" project originally intended for the issuance of shares to specific entities in 2022. The investment will be redirected to a new project "Diamond Functional Materials Production R&D Construction Project," focusing on the mass production of high-end diamond functional materials such as thermal materials, optical materials, and acoustic membranes. The project aims to expand the entire industry chain from diamond single crystal and polycrystalline growth, precision processing to end product supply. 10. Hubei Xingfa Chemicals Group: Sodium hexametaphosphate products for storage components see simultaneous increase in quantity and price, with a 15%-20% quarter-on-quarter price increase in the second quarter of the year Hubei Xingfa Chemicals Group announced that the company's current production capacity for sodium hexametaphosphate for storage components is 20,000 tons per year. The product is primarily supplied to plating fluid manufacturing companies such as Shangcun Chemicals, further processed into plating fluids that enter the supply chain system of PCB boards and storage companies. This year, influenced by the growth in the storage and semiconductor market demand, the sales quantity and price of the sodium hexametaphosphate product for storage components have seen a simultaneous increase. In the first quarter of 2026, the sales volume of the product increased by approximately 24% year-on-year, with the average selling price increasing by about 15% year-on-year. By the second quarter of 2026, the price of the product has risen to 23,000-25,000 yuan/ton, representing a quarter-on-quarter increase of approximately 15%-20%, significantly improving profitability.