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Institution: The battery price stabilized in November, and it is expected to rise slightly in 2025. On December 12, according to the latest research of TrendForce Jibang Consulting, in November 2024, the sales of electric vehicles in China continued to increase, which boosted the demand for power batteries, and the price of Ferrous lithium phosphate batteries remained stable, while the ternary batteries declined slightly. The demand for batteries in the energy storage market maintained the peak season characteristics, and with the price advantage of large-capacity batteries, the proportion of shipments increased. However, the average price of energy storage batteries continued to decline in November due to the slowdown in demand for orders at the end of the year. The agency expects that the price of some lithium battery materials may rise slightly in the peak season of 2025, which is expected to repair the serious losses of the company in the early stage. However, due to the fact that the relationship between supply and demand has not changed from surplus to shortage, the expected increase in material prices is limited, and battery manufacturers actively control costs, the battery price trend will be stable next year.SAIC: Haitong Taicang Automobile Terminal has been put into production and operation. According to the official WeChat official account news of SAIC, today, Haitong Taicang Automobile Terminal jointly built by SAIC, Shanghai Port Group and Jiangsu Port Group has been put into production and operation, with an annual throughput of 1.3 million vehicles.Sino-Vietnamese communication is more convenient! The number of entry-exit personnel at Dongxing Port exceeded 8 million. With the continuous optimization of entry-exit policies, the number of entry-exit personnel at Dongxing Port, the border land port with the largest passenger flow between China and Vietnam, exceeded 8 million. According to the statistics of Dongxing Entry-Exit Frontier Inspection Station, the daily average passenger flow at Dongxing Port exceeds 20,000.

Yamato: Raising the target price of IWC to HK$ 20 has a more positive view on next year's revenue growth. Yamato published a report that under the strong demand from Malaysia, the bank has a more positive view on IWC's revenue growth next year. In addition, the bank believes that the external financing of operating GDSI, a data center outside the mainland, will release shareholder value. However, as GDSI will be separated from IWC's consolidated statements in the fourth quarter of this year, the bank believes that IWC's short-term re-evaluation will still mainly depend on its mainland business performance, so it still maintains a wait-and-see attitude. The bank maintained its "hold" rating on IWC, and its target price was raised from HK$ 8.6 to HK$ 20. Considering the increase in capital expenditure of IWC from 2025 to 2026, the bank raised its revenue forecast for this year and next by 5% to 24%, mainly due to the strong demand in the international market driven by short video platforms. In addition, in view of the fact that the company raised its capital expenditure guideline from 6.5 billion yuan to 11 billion yuan this year, the bank raised its capital expenditure forecast from 6.7 billion yuan to 11 billion yuan in 2024 and from 3.5 billion yuan to 10.5 billion yuan in 2025. In addition, the bank will raise the adjusted EBITDA forecast of IWC this year and next by 4% to 13% to consider the EBITDA contribution of its overseas business; It is estimated that the total revenue will increase by 15% this year (10% compared with the previous forecast) and 33% next year (15% compared with the previous forecast). The adjusted EBITDA is expected to increase by 11% and 25% this year and next (8% and 15% compared with the previous forecast).Chief Economic Adviser of India: The growth rate will be 6.5-7% in FY 2025. The chief economic adviser of India said that maintaining the growth rate is still a top priority. The growth rate will be 6.5-7% in FY 2025.Extreme Vietnam insider: Xia Yiping still stays in the company's on-site office and is seeking financing. On the morning of the 12th, Xia Yiping, CEO of Extreme Vietnam, appeared in the company's headquarters office. Xia Yiping said that he appeared first to prove to employees that he had not run away, to tide over the difficulties with the company, and second to communicate with employees face to face. Network video shows that Xia Yiping is surrounded by many employees. The demands of employees mainly include paying social security, medical insurance and provident fund, paying wages and giving employees "N+1" compensation. Xia Yiping responded that knowing that everyone is very angry, everyone has followed us for so long, and I am very grateful. "These problems are being solved. Now I am communicating with you. If I escape, I will not come." Some employees in Vietnam confirmed this statement. "His main task at present is financing, and he is also actively contacting investors for help." Insiders revealed. (The Paper)

Huaxi Energy signed a strategic cooperation agreement with the government of Jiangbul State, Kazakhstan. According to the official news of Huaxi Energy, on December 11th, representatives of Jiangbul State Government, Huaxi Energy and Safaa Energy of Kazakhstan jointly signed a strategic cooperation agreement on developing renewable energy (wind energy, solar energy and hydropower), energy conservation and garbage power generation-related projects in Kazakhstan.Shenzhen Component Index opened at 10942.05 points in the afternoon, up 0.86%. The GEM index opened at 2,297.69 points in the afternoon, up 1.60%. The small and medium-sized board opened at 11,810.25 points in the afternoon, an increase of 0.61%; The Shanghai Composite Index opened at 3,455.06 points in the afternoon, up 0.66%. The Shanghai and Shenzhen 300 Index opened at 4023.60 points in the afternoon, up 0.87%.Li Bin: Fang Hongbo, chairman of Midea, will be the chief experience officer of Weilai ET9 and will test drive together. Li Bin, founder, chairman and CEO of Weilai, announced that Weibo said that Fang Hongbo, chairman of Midea, will be the chief experience officer of Weilai ET9 and test drive this upcoming administrative flagship together. Li Bin said that he asked Fang Hongbo three questions, and Fang Hongbo's answer about market competition was very good: "Actively participate in involution, compare cost and efficiency, and at the same time bravely jump out of involution, don't roll on the floor, and pierce the ceiling." (Sina Technology)