Zijin Mining Group's revenue has exceeded 300 billion, achieving a historic high. Chen Jinghe: There should be a mindset of preparation for "winter" | Interpretations
① In 2024, Zijin Mining Group's net profit increased by more than 50% to reach 32.051 billion yuan, with revenue exceeding 300 billion yuan for the first time; ② The company's Director, Chen Jinghe, emphasized the need to be prepared for 'winter' in terms of mindset.
Autonomous driving battle: BYD's price "weapon" vs Tesla's "difficult" problem.
Barclays believes that while Tesla has a leading position in autonomous driving technology, it faces dual challenges of regulatory supervision and market competition in the China market. Moreover, the price of Tesla's FSD is as high as 64,000 yuan, which is significantly less competitively priced compared to BYD's free "Tianshen Eye."
Manufacturing vehicles at the production end and selling vehicles at the sales end, nearly 20 complete vehicle companies are rapidly entering the humanoid robot sector.
① Mercedes-Benz announced in a statement that it will invest tens of millions of euros in Apptronik. ② Chongqing Changan Automobile disclosed that it is publicly sourcing suppliers for its humanoid robot research and development project. ③ Chery is also accelerating its layout in a series of new industry clusters including onboard Drones, humanoid robots, Robotaxi, and flying cars.
Morgan Stanley discusses BYD's "5-minute supercharge": It is time to break through the biggest bottleneck in the popularization of electric vehicles.
Morgan Stanley maintains a "hold" rating on BYD, while expecting the annual penetration rate of new energy Autos in China to reach 50% this year and 75% by 2030. However, the deployment timeline of BYD's new technology, its impact on Battery life, and the cost gap with the existing 800V platform remain uncertain.
U.S. stock market closing | All three major Indexes declined, with the Nasdaq dropping over 1.7%; large Technology stocks fell, with Tesla down over 5% and NVIDIA down over 3%; Chinese concept stocks retreated, with XPeng falling nearly 8% after its earni
The three major US stock indices halted their two-day winning streak, with the Nasdaq closing down nearly 2%. Alibaba fell over 3%, Xpeng Motors dropped nearly 8%, and NIO rose over 3%. The German parliament passed a large-scale fiscal spending plan, and Thyssenkrupp rose nearly 13%; the euro hit a five-month high. US and European bond yields surged and then retreated. Gold rose over 1% during the day, with futures gold reaching a new high for four consecutive days. Crude Oil Product rose over 1% during the day before turning down.
What is Zhejiang Huayou Cobalt's intention in collaborating with Weilan New Energy?
High nickel: the main value subject of Cathode Material for Solid State Battery.