Liyuanheng says its solid-state battery equipment has integrated key processes — dry electrodes, electrolyte transfer/printing, isostatic pressing and high‑pressure formation/capacity grading — and supports sulfide-, oxide-, polymer- and halide-based

Italy July trade balance with the EU EUR 1.251 bln, prior EUR 1.577 bln.

Key News 1. The People's Bank of China (PBOC) will conduct 500 billion yuan of outright reverse repurchase operations today. 2. PBOC: Broad money supply (M2) balance at the end of August was 356.81 trillion yuan, a year-on-year increase of 7.5%. 3. PBOC: The cumulative increase in social financing in the first eight months of 2026 was 23.91 trillion yuan, 2.64 trillion yuan less than the same period last year. 4. Ministry of Industry and Information Technology (MIIT): The second phase of the National Small and Medium-sized Enterprises Development Fund will be established. 5. MIIT: It is necessary to strengthen the balance between supply and demand, strive to remove obstacles in the supply and demand cycle, and accelerate the integrated development of large, medium, and small enterprises. 6. China Securities Regulatory Commission (CSRC): Guide listed companies to shorten payment terms and make timely payments to small and medium-sized enterprises. Individual Stock News 1. GAC Group: Plans to issue shares to acquire a portion of the equity of a vehicle joint venture held by FAW Group; trading of its shares is suspended. 2. Guangdong Chip Semiconductor: The preliminary inquiry date is September 18, and the offline subscription date is September 24. 3. Runze Technology: Plans to apply for an additional credit line of no more than 50 billion yuan from financial institutions to continuously increase investment in the AIDC field. 4. Xiangshan Shares: Plans to acquire 100% equity of Wuluo Smart for a tentative transaction price of 800 million yuan, adding AI computing power equipment business. 5. Xingyun Technology: As of September 8, the company had 5-year long-term computing power framework orders on hand totaling 16.004 billion yuan. 6. Mindong Electric Power (4 consecutive daily limit-ups): Its invested offshore wind power projects are all in a state of not starting construction or not yet in production. 7. Zotye Automobile (4 daily limit-ups in 5 days): Is making every effort to promote the resumption of work and production in the whole vehicle sector, but still faces certain financial pressures. 8. Huazhijie: Plans to acquire 100% equity of Geliming Electronics; its stock will be suspended from trading starting September 15. 9. Changchuan Technology: Plans to issue H shares and list on the main board of the Hong Kong Stock Exchange. 10. Aorui: Plans to raise no more than RMB 868 million through private placement for server cluster construction projects, etc.