Contemporary Amperex Technology and other Battery manufacturers compete with new products as the supercharging and fast charging storm approaches | New forces at the auto show.
① Battery manufacturers took center stage at the auto show, with Contemporary Amperex Technology, Sunwoda Electronic, and Eve Energy Co., Ltd. competing with new products at the Shanghai Auto Show; ② A storm of ultra-fast charging has arrived, with megawatt fast-charging products from companies like BYD, Huawei, and ZEEKR showcased at the auto show.
When Autos "roll" towards the sky: Xpeng Huitian, Fengfei, GAC and others showcase eVTOL for the first time at the Shanghai Auto Show | New Forces in the Auto Show.
① The 2-ton level eVTOL from Fengfei Aviation, Xiaopeng Huitian's "land aircraft carrier", and GAC high domain's GOVY-Aircar all made their appearance at the Shanghai Auto Show; ② Reports indicate that these manufacturers' eVTOLs/flying cars are making their debut at the Shanghai Auto Show.
The Shanghai Auto Show witnesses the "mutual rush" of Chinese and foreign enterprises: multinational car companies are deeply cultivating the Chinese market while domestic supply chain enterprises are accelerating their move towards Global.
① The 2025 Shanghai Auto Show focuses on smart electric vehicles, with foreign car companies accelerating their integration into the China supply chain, and local innovative forces rising; ② Under the pressure of transformation, Toyota deepens its local layout by establishing a wholly-owned factory in Shanghai, betting on localization and supply chain synergy; ③ Joint venture brands strengthen collaboration in local innovation chains, as China supply chain companies accelerate their dominance in the Global smart electric vehicle industry.
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The upfront payment for the new ADC drug has boosted revenue, Jiangsu Hengrui Pharmaceuticals' Q1 revenue increased by 20.14% year-on-year, and net income increased by 36.9% | Earnings Reports insights.
In Q1, Jiangsu Hengrui Pharmaceuticals' revenue increased by 20.14% year-on-year, net income attributable to the parent company increased by 36.9%, and net income after deductions increased by 29.35% year-on-year. The significant increase in net income was primarily due to the company receiving a $75 million upfront payment for external licensing.
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Shengfeng Development Enters Multi-Year Strategic Partnership With Contemporary Amperex Technology. Collaboration Is Expected To Be Valued At ~$42M
Contemporary Amperex Technology's first Super Technology Day releases these signals | Focus
① Contemporary Amperex Technology's innovative architecture, from dual-core to multi-core, will not be limited to the New energy Passenger Vehicle sector, but will also be implemented across the entire field including electric buses, heavy trucks, aircraft, Ships, and commercial industries; at the same time, it will accelerate the application process of cutting-edge technologies such as Solid State Battery; ② Contemporary Amperex Technology's sodium new power battery will officially enter mass production and shipment in December 2025, with the first model being a chocolate-swapping electric vehicle.
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Needle pricking + electric drilling does not ignite or explode. Contemporary Amperex Technology's sodium-ion power Battery will enter mass production by the end of the year. Zeng Yuqun anticipates a "multi-core era."
① This afternoon, Contemporary Amperex Technology held a Super Technology Day event themed "Awakening of Boundaries", during which Contemporary Amperex Technology launched the second-generation Shenxing supercharging battery, the "Sodium New" Sodium-ion Batteries brand, and the Xiaoyao dual-core battery along with related technologies; ② Chairman and CEO of Contemporary Amperex Technology, Zeng Yuqun, appeared again at the company's promotional event, emphasizing that "the breakthrough of the Sodium Battery system is of great significance" and the arrival of the "multi-core era".
Haiguang Information: Revenue in Q1 2025 surged by 50.8%, with net income increasing by 75.3% year-on-year.
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