German foreign minister WADEPHUL said Russia needs to know the use of force has failed.

Yuanguang Software said at an investor event that the State-owned Assets Supervision and Administration Commission (SASAC) has designated DRP as the core instrument to drive finance digitalization in central SOEs, requiring central and state-owned enterprises to basically build a full-scope digital resource management platform by the end of the 15th Five-Year Plan. The company said its core product, Yuanguang DAP, already meets DRP construction requirements and can be deployed rapidly without product reconstruction; it cited years of service to central SOEs, benchmark project experience and scalable, replicable capabilities. Yuanguang described DRP construction as a strategic opportunity to expand into new markets.

Huatai Securities said Xinluo Lithium Battery released September production schedules showing sample firms’ battery output at 211.3 GWh in September, up 6.3% MoM; cathode 249 kt, up 5.5% MoM; anode 218 kt, up 4.1% MoM; separator 2.31 bln sq m, up 1.9% MoM; electrolyte 147 kt, up 3.5% MoM. All five segments hit year-to-date highs, reflecting a continued seasonal uptick. Domestic energy-storage tendering and installations are recovering and European vehicle electrification is accelerating; August saw wider price increases across battery segments. Combined with year-end export tax rebate-driven export pushes and the energy-storage grid-connection season, Huatai expects Q4 production to remain elevated. Monitor the lithium-battery price-up cycle and technology trends: sodium batteries scaling from pilot to mass production and commercialization of solid-state batteries.