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Policy
-Shanghai issued the 15thfiveyear plan for shanghai’s strategic emerging industries. Priorities include 1) fostering iprich innovative drugs, 2) advancing intelligentrobot capability & application, 3) upgrading ic industry with highend chip r&d and industrialization, 4) aidriven newmaterial r&d plus aienabled material center and scientificagent setup, 5) demonstration bases for multitechroute solidstatebattery testing, 10mwscale independent energystorage pilot stations, and 6) integrated development of satellite internet, beidou, 6g and ai to scale up relevant applications.
Industry news
-CCTV finance reported, one intelligent computing center in changshu, jiangsu saw its aug peak power load rise over 70% y/y. State grid changshu notes computing power sector contributes nearly half (49%) of the city’s powerload increment, consuming more electricity than airconditioning.
Co Focus
-Sources close to CATL say jianxiawo mine’s nextstep plan will follow governmental approval procedures.
Aug 26 Block Trade Info
*Discount
-Xiamen Changelight (300102 CH) saw 1 block trades worth 94.70mn at 17.70yuan per share, 1.45pct discount from last closing.
-Hunan Yuneng New Energy Battery Material (301358 CH) saw 23 block trades worth 69.51mn at 58.33yuan per share, 6.73pct discount from last closing.
*Premium
-China Minsheng Banking (600016 CH) saw 1 block trades worth 335.40mn at 3.51yuan per share, 0.29pct premium from last closing.
For more insights, please visit Orient Futures Singapore’s research platform, 繁微.

