Recently, Rongsheng Petrochemical Co., Ltd. (002493.SZ) announced that, based on strategic focus considerations, its wholly-owned subsidiary Rongsheng New Materials (Zhoushan) Co., Ltd. (referred to as "Rongsheng New Materials (Zhoushan)") intends to transfer 100% of its equity in Rongsheng Energy (Zhoushan) Co., Ltd. (referred to as "Rongsheng Energy (Zhoushan)") to Zhejiang Rongsheng Holding Group Co., Ltd. (referred to as "Rongsheng Holding"). Upon the completion of this transaction, Rongsheng New Materials (Zhoushan) will no longer hold any equity in Rongsheng Energy (Zhoushan), and Rongsheng Energy (Zhoushan) will no longer be included in the company's consolidated financial statements.

On December 2, 2025, Kuraray's Elastomer Division announced that it will increase the transaction prices of the following elastomer products produced at the Kashima plant in Japan. This price increase will take effect from January 1, 2026 (or as stipulated by existing supply agreements). All SEPTON™, HYBRAR™, and TU-Polymer products produced at the Kashima plant will see an increase of $1/kg (approximately RMB 7,070/ton).

December 9th,Li AutoAnnounced that its intelligent cockpit platform has successfully passed the European CEN 17240:2024 Next Generation Emergency Call System (NG-eCall) standard testing and has been certified by the Luxembourg Ministry of Transport. This testing was conducted byQuectel Wireless SolutionsProvide support for the project by supplying automotive-grade 5G modules and the NG-eCall QuecOpen solution, enabling the transmission of multi-dimensional information such as voice and video.Li AutoBeing among the first automotive companies globally to pass this certification signifies its entry into the international leading ranks in the field of intelligent safety.

At 3:40 AM on December 8, with the successful production of qualified EVA resin particles, the Lianhong Gerun 200,000 tons/year EVA plant has completed the entire process and achieved a successful one-time feed startup. The Lianhong Gerun 200,000 tons/year EVA plant utilizes LyondellBasell's LUPOTECH TS tubular reactor technology to produce 200,000 tons of ethylene-vinyl acetate copolymer resin particles annually. The operational flexibility ranges from 70% to 110%, with 13 product grades. The products are mainly used in injection molding products, medical devices, pharmaceuticals and food packaging, agricultural films, and photovoltaic materials.

Recently, Bohai Chemical announced that the company is planning to sell 100% of Bohai Petrochemical's equity and acquire control of Teda New Materials through the issuance of shares and cash payment (hereinafter referred to as "this transaction"). Preliminary calculations indicate that this transaction is expected to constitute a major asset restructuring as defined by the "Administrative Measures for Major Asset Restructuring of Listed Companies." This transaction will not result in a change of the company's actual controller and does not constitute a backdoor listing. According to the "Shanghai Stock Exchange Stock Listing Rules" and other relevant regulations, this transaction constitutes a related party transaction. As this transaction is still in the planning stage and related matters are uncertain, in order to protect the interests of investors and avoid abnormal fluctuations in the stock price, in accordance with relevant regulations of the Shanghai Stock Exchange, the company has applied for a suspension of trading. The company's stock will be suspended from trading starting from December 8, 2025, with the suspension expected to last no more than 10 trading days.

On December 8, the Passenger Car Association stated that the hollowing trend of profits in the automotive industry is very severe, with significant profit diversion from upstream. Various regions are vigorously promoting the implementation of the "two new" policies, effectively releasing the vitality of domestic demand. The effects of the policy for replacing old consumer goods with new ones are notably expanding, but the improvement in the automotive industry's profitability is significantly lagging behind that of other consumer goods. As the national effort to combat "involution" continues, the automotive industry's profits are shrinking due to the fact that the profit margins in the non-ferrous metal mining and selection industry exceed 30%, the upstream steel industry's profits have significantly improved, the battery industry is highly profitable, and the high costs associated with smart driving.

On December 8, South Korean battery manufacturer LG Energy Solution announced in a regulatory filing that it has signed a contract worth 2.06 trillion won (approximately 1.4 billion USD) with Mercedes-Benz Group.Electric vehicleBattery supply contract. It is worth noting that this amount is equivalent to 8% of LG Energy's revenue of 25.6196 trillion won last year.

On December 8, BMW Group announced its latest emission reduction targets.By 2035, the company plans to achieve a reduction of at least 60 million tons of carbon dioxide equivalent compared to 2019.Compared to the originally set emission reduction target for 2030, an additional reduction of approximately 20 million tons of carbon dioxide equivalent will be achieved.Achieve net zero emissions by 2050 at the latest.。 

On December 8th, Tesla officially announced that the 4 millionth vehicle has rolled off the assembly line at the Shanghai Gigafactory. The official statement said, "In six years, the Shanghai Gigafactory has contributed nearly half of Tesla's global electric vehicle deliveries, achieving a localization rate of over 95%, with an average of more than 30 seconds to roll off each vehicle."

On December 8, Faraday Future (NASDAQ: FFAI) announced that the first off-line ceremony for the FX Super One will be held at the Hanford factory on December 21, U.S. time. As of now, all parts needed for the initial batch of Super One pre-production vehicles have been assembled, with each vehicle containing nearly 3,000 components. Production is set to officially start on December 9. In addition, the company’s board has officially approved a five-year business plan for FF and FX, which includes the production and sales of 400,000 to 500,000 vehicles, contingent upon the smooth progress of financing, support from strategic partners, and the signing of more agreements.

On December 8, it was reported that Dongfeng Motor Corporation's automobile sales in November reached 196,000 units, up from 178,000 units in the same period last year, representing a year-on-year increase of 10%. In the first 11 months, the cumulative automobile sales totaled 1.697 million units, a year-on-year decrease of 0.3%.

On December 8, it was reported by the State Administration for Market Regulation that in response to challenges in the new energy vehicle industry, the administration has organized the development of a "double loss of control" risk prevention and control technical system for new energy vehicles. This initiative helps accurately identify the causes of accidents and establish in-depth investigation techniques and standards for fire and sudden loss of control incidents. The technical system has formulated national standards such as the "Defect Analysis Method for Electric Vehicle Fires" and the "Guideline for Defect Analysis of Automotive Regenerative Braking Functions," filling the gap in standardized analysis methods for defects in new energy vehicle fires and providing guidance for technological innovation in the industry. To date, these technologies have been practically applied in in-depth investigations of new energy vehicle fire accidents and sudden loss of control incidents. Furthermore, this technical system has launched the "New Energy Vehicle Intelligent Supervision Cloud Platform," which, after integrating relevant data from car manufacturers, can improve accident identification efficiency, vehicle repair response speed, and emergency rescue capabilities, thereby reducing the risk of secondary accidents.

On December 8, Rong Hailou, Chief Economist and Spokesperson of the State Administration of Taxation, stated that invoice data shows that from January to November this year, sales revenue in the retail industry of mobile phones and other communication devices and household appliances like refrigerators increased by 20.3% and 26.5% respectively year-on-year, reflecting the continued release of the effects of consumption-promoting policies. The consumption of new energy vehicles continues to improve, with market activity strengthening. From January to November, sales revenue of new energy passenger vehicles increased by 19.1% year-on-year.

Foshan Plastics Group Co., Ltd.A major asset restructuring plan was recently released, proposing to acquire by issuing shares and paying cash.Jinli Co., Ltd.100% equity. Jinli Co., Ltd. specializes in wet process base films and coated separators, with a domestic market share of 18% in wet process separators in 2024, ranking second in the industry. The demand for new energy vehicles and energy storage is strong, with domestic separator shipments reaching 13.6 billion square meters in the first half of 2025, a year-on-year increase of 49%. The wet process accounts for over 80%, and prices have stabilized after stopping their decline. Jinli Corporation has proactively allocated over 70% of its capacity for advanced wide-width production lines that will commence operations after 2023, capable of stable mass production of ultra-thin high-strength membranes of 5μm or less. GGII predicts that the compound annual growth rate of domestic wet-process membranes will be approximately 19% from 2025 to 2027, with demand reaching 29.5 billion square meters by 2027. Upon completion of the transaction,Jinli Co., Ltd.Leverage the listing platform to expand financing channels, further amplify scale effects, and consolidate the leading position in the high-end market.Foshan Plastics TechnologyThis entry into the lithium battery separator sector shares the continuous growth dividends of the new energy industry.

BMW plans to launch the sixth-generation X5 extended-range version in 2026, with subsequent extended-range models of the X7 and 7 Series to follow, primarily targeting the Chinese and American markets. In fact, BMW first ventured into the extended-range market over a decade ago, with the release of the BMW i3 extended-range version in 2012. However, due to high costs and low range issues, it was not well-received in the market and was discontinued.   Currently, the sales of range-extended vehicles are booming in the Chinese market, and there are also pickup models in the U.S. market that are set to offer range-extended versions. The new range extender system developed by BMW in collaboration with ZF may use the BMW B48 2.0T engine, with batteries sourced in partnership with CATL. However, the domestic mid-to-large range-extended vehicle market is already dominated by companies like Li Auto and Aito, posing challenges for BMW's re-entry.   According to the vehicle database of the Gaishi Automotive Industry Big Data Platform, BMW has several models under its brand, including the 1 Series, 2 Series, and 3 Series.

Statistics, for the first 11 months,China's export of electromechanical products14.89 trillion yuan, an increase of 8.8%, accounting for 60.9% of our total exports. Among them, automatic data processing equipment and parts amounted to 1.31 trillion yuan, a decrease of 1.3%; integrated circuits amounted to 1.29 trillion yuan, an increase of 25.6%; automobiles amounted to 896.91 billion yuan, an increase of 17.6%. During the same period, the export of labor-intensive products amounted to 3.7 trillion yuan, a decrease of 3.5%, accounting for 15.1% of our total exports. Among them, clothing and accessories amounted to 987.26 billion yuan, a decrease of 3.7%; textiles amounted to 931.33 billion yuan, an increase of 1.7%; plastic products amounted to 677.6 billion yuan, a decrease of 0.5%. The export of agricultural products amounted to 670.21 billion yuan, an increase of 2%.

General Administration of CustomsAccording to the released data, in November 2025, the total value of China's goods trade imports and exports was 3.9 trillion yuan, an increase of 4.1% year-on-year, accelerating by 4 percentage points compared to the previous month. As of November, China's goods trade imports and exports have maintained year-on-year growth for 10 consecutive months. From a cumulative perspective, in the first 11 months of this year, the total value of imports and exports was 41.21 trillion yuan, an increase of 3.6% year-on-year, with the growth rate remaining consistent with the first 10 months.

On December 7, Cui Dongshu, the secretary-general of the China Passenger Car Association, stated that from January to November 2025, the scale of passenger car price reductions involved 173 models, which is 45 fewer models compared to the same period. Among them, conventional fuel vehicles saw price reductions for 51 models, 27 fewer than the same period; hybrid fuel vehicles saw price reductions for 8 models, 10 fewer than the same period; plug-in hybrid fuel vehicles saw price reductions for 30 models, 1 fewer than the same period; extended-range vehicles saw price reductions for 13 models, 1 fewer than the same period; pure electric vehicles saw price reductions for 71 models, 6 fewer than the same period. In November 2025, the scale of price reductions involved 19 models, 7 fewer than the same period. Among them, fuel vehicles saw reductions for 8 models, 1 fewer than the same period; hybrid fuel vehicles saw reductions for 2 models, 1 fewer than the same period; plug-in hybrid vehicles saw reductions for 5 models, 4 more than the same period; extended-range vehicles saw reductions for 2 models, 1 more than the same period; pure electric vehicles saw reductions for 2 models, 10 fewer than the same period.

Recently, Li Auto officially announced that its cumulative delivery volume has surpassed 1.5 million units. This milestone marks a new stage in the brand's market delivery scale since its establishment.

On December 5, 2025, Asahi Kasei announced that it will cease production of hexamethylenediamine (HMD) as part of its ongoing efforts to optimize its product portfolio, aimed at improving capital efficiency and enhancing company profitability.