Iran Foreign Ministry spokesman BAGHAEI said U.S. aggressive actions against Iran flagrantly violate international law and the memorandum of understanding between the two sides.

July 16 — Demingli shares hit the daily limit-down for a second straight session. The company said Q2 QoQ net profit fell mainly due to higher costs: increased R&D spending, capacity expansion-related charges and higher share-based compensation. Management said it is building inventory strategically to support rapid business expansion and has raised customer-acquisition and certification-related spending as enterprise storage, embedded storage and memory businesses accelerate. Those products have long certification and testing cycles and require large upfront R&D and sales investment, which depresses near-term earnings but are described as long-term strategic investments that began to yield positive contributions in Q2 and should support future performance.

After a 10-month halt, restart rumours around CATL's Yichun Jianxiawo lithium mine intensified after Credit China on July 7 posted that Yichun Times New Energy Mining Co. had obtained a non-coal mine safety production enterprise change permit with a 30 mln t/yr scope. A source close to CATL said core mining, beneficiation and smelting have resumed and could reach full production within one to two weeks. On-site reporting found no transport trucks at the concentrator; workers were taking measurements and placing flags, and excavators were operating on slopes. A legal expert said such activity may constitute preparatory work rather than formal production. The main outstanding issue is environmental impact assessment (EIA) approval: the project’s first EIA public notice was issued in Dec 2025, but subsequent EIA report preparation and approval have no public record and EIA progress has been absent for about six months. While a CATL insider said prerequisite approvals including the EIA have been obtained, the EIA report has not been publicly posted in line with statutory procedure, leaving the mine’s formal resumption legally unresolved.