Profits of industrial enterprises above designated size nationwide turned positive from January to August; significant new progress was made in the solid-state battery sector.

Macro News

1. The National Bureau of Statistics released data showing that from January to August, total profits of industrial enterprises above designated size nationwide reached 4.69297 trillion yuan, a year-on-year increase of 0.9%.

2. Minister of Science and Technology Yin Hejun visited the headquarters of the African Union Commission and met with Gaspar Banyangimbona, Commissioner for Education, Science, Technology and Innovation of the African Union Commission. They jointly signed the "Memorandum of Understanding on Scientific and Technological Cooperation between the Government of the People's Republic of China and the African Union."

Industry News

1. A team led by Professor Zhang Qiang of the Department of Chemical Engineering at Tsinghua University has made significant progress in research on polymer electrolytes for lithium batteries, providing new ideas and technical support for the development of practical, high-safety, high-energy-density solid-state lithium batteries. The relevant results have been published online in Nature.

2. At the Open Source Hongmeng Technology Conference 2025, the open source Hongmeng 6.0 Release was officially released, supporting mobile phones, tablets, computers, and other terminal devices. In addition, the conference plans to incubate the open-source Hongmeng cross-platform framework PMC (Project Management Committee) and the Embodied Intelligence PMC. The latter utilizes a model-native operating system design approach to support the development of a full-scale humanoid robot industry.

3. According to the Guangdong Provincial Development and Reform Commission, according to the Guangdong Provincial Price Monitoring Center, the average pig-to-grain price ratio in the province was 5.64:1 on September 23rd, remaining between 5:1 and 6:1 for three consecutive weeks. This has entered the Level 2 warning zone for excessive price declines, as set out in the "Guangdong Provincial Plan for Improving the Government Pork Reserve Regulation Mechanism to Ensure Supply and Price Stabilization in the Pork Market," jointly issued by the Guangdong Provincial Development and Reform Commission and five other departments. Guangdong Province will initiate the collection and storage of frozen pork reserves in due course.

4. At the 2025 World New Energy Vehicle Conference held yesterday, Wan Gang, President of the China Association for Science and Technology, stated that the next step will be to strengthen the continuity of policies, the precision of measures, and the adaptability of scenarios for the promotion and application of fuel cell vehicles. This will promote breakthroughs in key technologies, advance large-scale promotion based on the industrial chain, promote typical application scenarios, and accelerate infrastructure development. Furthermore, the province will continue to improve infrastructure conducive to the large-scale promotion and application of fuel cell vehicles, hoping to achieve a breakthrough by 2035.

5. At the 2025 World New Energy Vehicle Congress, Wan Gang, President of the China Association for Science and Technology and Chairman of the World New Energy Vehicle Congress, stated: "Achieving L3 (conditional autonomous driving) and L4 (highly autonomous driving) levels of autonomous driving requires the support of smart roads and cloud computing technology platforms."

6. Cui Dongshu, Secretary-General of the China Passenger Car Association, stated in a statement that the new policy on electric vehicle export licenses will regulate export entities. Only automobile manufacturers and their authorized operating companies can apply for export licenses, cutting off export channels for unauthorized entities and controlling the export of low-quality products at the source.

Company News

1. Leapmotor issued a statement stating that it has noted reports that Leapmotor was subject to compulsory enforcement due to a business dispute. A contract dispute with Guangzhou Shouqi Automotive Service Co., Ltd.

2. At the 2025 World New Energy Vehicle Conference held yesterday, Zhu Huarong, Party Secretary and Chairman of Changan Automobile, China, suggested that the 5% purchase tax on new energy vehicles, which will be levied starting next year, be implemented smoothly during the off-season.

3. At the 2025 World New Energy Vehicle Conference held yesterday, BMW Group Board Member Jochen Goller stated that BMW's first hydrogen fuel cell vehicles are scheduled to launch in 2028, with the same platform supporting five different powertrains.

4. Tesla Global Vice President Tao Lin posted on Weibo: "The first batch of Tesla vehicles has officially begun deliveries in India, all of which are from the Shanghai Gigafactory." "

Global Markets

1. The White House stated on September 26th local time that the latest tariff measures on pharmaceuticals will not apply to countries with which the United States has already reached trade agreements. On September 25th, US President Trump announced on his social media platform, "Real Social," that the United States will impose a new round of high tariffs on a variety of imported products starting October 1st. This includes a 100% tariff on patented and branded pharmaceuticals.

2. On the morning of September 27th local time, Israel's Haaretz newspaper, citing sources, reported that the Palestinian Islamic Resistance Movement (Hamas) agreed to the US-proposed Gaza ceasefire plan, which includes the release of all Israeli personnel held by Hamas, the gradual withdrawal of the Israel Defense Forces from the Gaza Strip, and the release of Palestinian prisoners by Israel. Hamas has not yet commented on the reports.

3. On September 27th local time, Thai Army spokesman Wentai Suwari stated that between 12:00 and 12:30 that day, the Second Thai Military Region reported that Cambodian soldiers were seen firing weapons towards the Thai side in Ubon Ratchathani Province. The Thai military retaliated accordingly.