China Business Daily

24 September 2026 · 07:29 CST · Daily intelligence brief

This edition draws on 45 reports across 11 Chinese outlets.

At a Glance

  • Public EV charging points in China reached 5.16 million at end-August, up 19.5% year-on-year, according to the National Energy Administration. m.21jingji.com, 2026-09-23.
  • CICC’s A-share dissenting shareholders validly declared acquisition rights for 7.321947 million shares across 1,084 accounts as its shares resumed trading on September 23. National Business Daily, 2026-09-23.
  • China’s 2025 outward direct investment flow rose 11.1% to $213.58 billion, according to three government bodies. m.21jingji.com, 2026-09-23.

Top Stories

Company

  • China’s EV charging infrastructure tops 24 million units as of end-August · covered by 3 outlets
  • On September 23, the National Energy Administration (国家能源局; China’s energy regulator) released nationwide electric vehicle charging facility data for August 2026. m.21jingji.com, 2026-09-23.
  • As of end-August 2026, China’s total electric vehicle charging infrastructure (guns) reached 24.223 million, up 39.6% year-on-year, according to the National Energy Administration. m.21jingji.com, 2026-09-23.

  • Private charging facilities (guns) totaled 19.063 million, up 46.3% year-on-year, with reported installation electricity capacity of 163 million kilovolt-amperes, according to the National Energy Administration. Securities Times, 2026-09-22.

  • Brokerage roundup: CICC resumes A-share trading; Dongxing and Xinda to delist; Caitong signs Alibaba Cloud pact · covered by 3 outlets

  • CICC (中金公司; a Chinese investment bank) announced its A-share shares would resume trading on the morning of September 23 after the dissenting shareholders’ acquisition right result was released, according to CICC. National Business Daily, 2026-09-23.
  • Dongxing Securities (东兴证券; a Chinese securities firm) and Xinda Securities (信达证券; a Chinese securities firm) will be delisted and will not resume trading after disclosing A-share dissenting shareholders’ cash option declarations, according to the companies’ announcements. National Business Daily, 2026-09-23.

  • Caitong Securities (财通证券; a Chinese securities firm) signed a strategic cooperation agreement with Alibaba Cloud (阿里云; Alibaba’s cloud computing unit) during the 2026 Yunqi Conference on September 22, focusing on AI implementation in the securities industry, according to the companies. National Business Daily, 2026-09-23.

  • Zhongsu shares jump more than 680% on trading debut, company issues risk warning · covered by 3 outlets

  • Zhongsu Co., Ltd. (中塑股份; a Chinese modified engineering plastics maker) listed on the Shenzhen Stock Exchange ChiNext board on September 22, 2026, with two intraday trading halts and a gain of nearly 950% at one point, according to the company. finance.sina.com.cn, 2026-09-24.
  • Its first-day closing price on September 22, 2026 was 433.00 yuan per share, up 683.29% from its issue price of 55.28 yuan per share, significantly deviating from industry valuation levels, according to the company. finance.sina.com.cn, 2026-09-24.

  • As of September 22, 2026, its static price-to-earnings (P/E) and price-to-book (P/B) ratios were 168.38 times and 17.14 times, versus C29 rubber and plastics industry averages of 29.02 times and 2.26 times, according to China Securities Index Co. finance.sina.com.cn, 2026-09-24.

  • PCB stock up over 200% sees directors and partnerships plan share reductions · covered by 3 outlets

  • Defu Technology (a Chinese copper foil maker) announced that certain directors, senior managers and two partnership shareholders plan to reduce no more than 5.0272 million shares, or 0.80% of total share capital, via centralized bidding within three months starting 15 trading days after the announcement, according to the company. finance.sina.com.cn, 2026-09-23.
  • In the first half of 2026, Defu Technology’s revenue reached 9.197 billion yuan, up 73.54% year on year, and net profit attributable to shareholders was 263 million yuan, up 580.66%, according to its 2026 semi-annual report. finance.sina.com.cn, 2026-09-23.

  • As of the September 23 close, its stock had risen 216% year-to-date. finance.sina.com.cn, 2026-09-23.

  • Shanshan to invest 5.106 billion yuan in lithium battery anode materials after Conch Group’s indirect takeover · covered by 3 outlets

  • Shanshan Co. (杉杉股份; a Chinese lithium battery materials maker) plans a total investment of about 5.106 billion yuan to build Inner Mongolia Shanshan Technology’s 150,000-ton-per-year integrated lithium-ion battery anode material base project, according to the company. stock.caijing.com.cn, 2026-09-23.
  • The project’s fixed-asset investment is about 4.318 billion yuan, with a 17-month construction period, planned start in March 2027 and completion in July 2028, according to the company. stock.caijing.com.cn, 2026-09-23.

  • Anhui Conch Group (海螺集团; a Chinese building materials conglomerate) has become the indirect controlling shareholder of Shanshan Co., and the company’s actual controller is the State-owned Assets Supervision and Administration Commission of the Anhui Provincial People’s Government, according to the company. stock.caijing.com.cn, 2026-09-23.

  • Aluminum Corp of China passes resolutions at 2026 second extraordinary shareholders’ meeting · covered by 2 outlets

  • Aluminum Corporation of China Limited (中国铝业股份有限公司; a Chinese state-owned aluminum producer) held its 2026 second extraordinary general meeting on September 23, 2026, according to the company. finance.sina.com.cn, 2026-09-24.
  • The meeting approved the proposal to revise the Rules of Procedure for the Board of Directors, with no proposals rejected; the resolution required more than two-thirds of voting rights held by attending shareholders and proxies, according to the company. finance.sina.com.cn, 2026-09-24.
  • Of the company’s 8 serving directors, 6 attended, all independent directors attended, and directors He Wenjian and Mao Shiqing were absent due to other official duties, according to the company. finance.sina.com.cn, 2026-09-24.

Macro

  • China releases 2025 outbound direct investment bulletin, scale stays among world’s largest · covered by 3 outlets
  • On September 23, the Ministry of Commerce (商务部; China’s commerce ministry), National Bureau of Statistics (国家统计局; China’s statistics agency) and State Administration of Foreign Exchange (国家外汇局; China’s foreign exchange regulator) jointly released the 2025 Statistical Bulletin on China’s Outward Direct Investment. m.21jingji.com, 2026-09-23.
  • China’s outward direct investment stock reached $3.4 trillion, ranking among the world’s top three for nine consecutive years and rising to 7.4% of global investment, according to the three bodies. m.21jingji.com, 2026-09-23.

  • By the end of 2025, China had established 58,000 overseas enterprises across 189 countries and regions, with 4.761 million employees including 2.965 million local foreign employees, according to the three bodies. Securities Times, 2026-09-22.

  • China’s top 500 private firms shift toward advanced manufacturing and innovation · covered by 2 outlets

  • On September 22, the All-China Federation of Industry and Commerce (China’s main private-sector business chamber) released the 2026 China Top 500 Private Enterprises list in Tianjin, with JD.com (a Chinese e-commerce group), Alibaba (China) (a Chinese e-commerce and cloud group) and Hengli Group (a Chinese petrochemical and textile conglomerate) ranking top three and an entry threshold of 25.599 billion yuan, according to the federation. People’s Daily, 2026-09-24.
  • In 2025, the top 500 private enterprises’ total operating revenue was 44.93 trillion yuan, up 4.35% year on year, and net profit was 1.83 trillion yuan, up 1.31%, according to the federation. People’s Daily, 2026-09-24.
  • Manufacturing enterprises accounted for 70.60% of the top 500, with manufacturing revenue totaling 32.22 trillion yuan, up 8.73%, while R&D expenses reached 1.26 trillion yuan and average R&D intensity was 2.95%, according to the federation. finance.eastmoney.com, 2026-09-24.

Policy

  • MIIT and two ministries push dedicated AI agents across the full light industry and textile supply chain · covered by 2 outlets
  • China’s Ministry of Industry and Information Technology (工信部; China’s industry ministry) and two other departments issued the “15th Five-Year Plan for the Development of the Light Industry and Textile Industry,” calling for developing and applying dedicated AI agents covering the entire light industry and textile supply chain, according to the Ministry of Industry and Information Technology and two other departments. People’s Daily, 2026-09-23.
  • The plan deploys 14 key tasks and 5 special columns and targets 8 key areas including infant and child products, youth products, fashion trendy products, elderly products, pet products and production-oriented service products, according to the MIIT consumer goods industry department. People’s Daily, 2026-09-23.

  • The plan projects that by 2030 above-scale enterprise operating revenue in the light industry and textile sector will strive to exceed 30 trillion yuan, according to the three departments. National Business Daily, 2026-09-22.

  • China releases 15th Five-Year Plan for light industry and textiles · covered by 3 outlets

  • China’s Ministry of Industry and Information Technology, Ministry of Commerce and State Administration for Market Regulation jointly issued the 15th Five-Year Plan for the development of the light industry and textile industry, according to the three departments. National Business Daily, 2026-09-22.
  • The plan states that by 2030 the sector’s intelligent, green and integrated development levels will keep improving, with above-scale industrial value added growth kept within a reasonable range and overall labor productivity rising steadily, according to the plan. National Business Daily, 2026-09-22.

  • The plan targets above-scale enterprise operating revenue to exceed 30 trillion yuan by 2030, with overall labor productivity above 400,000 yuan per person, about 550 industrial clusters and digital production equipment penetration above 63%, according to the three departments. Securities Times, 2026-09-22.

  • 2026 China Manufacturing Promotion Week launches in Beijing · covered by 2 outlets

  • The launch event for “2026 China Manufacturing Promotion Week” was held in Beijing on September 22. People’s Daily, 2026-09-23.
  • The week runs from September 22 to 28 nationwide under the theme “Advanced Manufacturing, Forging Ahead Toward the New” and is the first time it holds an offline launch event, using a 1+30 model linking 30 provinces, autonomous regions and municipalities. People’s Daily, 2026-09-23.

  • In 2025, Beijing’s high-precision advanced industries accounted for 34.6% of GDP, up 6 percentage points from 2020, according to Beijing Municipal Government Deputy Secretary-General Shu Bilei. Yicai, 2026-09-23.

  • PBOC to inject 800 billion yuan via MLF on Sept 24 · covered by 3 outlets

  • The People’s Bank of China (央行; China’s central bank) announced it would conduct an 800 billion yuan one-year medium-term lending facility (MLF) operation on September 24, 2026, using fixed-quantity, rate-based tender with multiple price awards. finance.eastmoney.com, 2026-09-24.
  • With 600 billion yuan of MLF maturing this month, the September 24 operation adds 200 billion yuan in net MLF rollover. finance.eastmoney.com, 2026-09-24.
  • The central bank will conduct overnight reverse repo operations from September 28 to October 8, with daily operation amount not exceeding 1 trillion yuan, to better match the banking system’s short-term liquidity needs. Jiemian, 2026-09-23.

Energy

  • Five energy-sector representatives brief on green transition and supply security · covered by 2 outlets
  • On September 23, the State Council Information Office held a press conference in Beijing at which 5 energy-sector representatives met Chinese and foreign journalists under the theme of promoting green energy transition and supply security. People’s Daily, 2026-09-24.
  • Zheng Sanguo, vice general manager of China Huadian Gansu Tengger Green Energy Co. (a Chinese power-generation unit), said that over four years 1.47 million drought-tolerant plants took root in the Tengger desert new energy base and vegetation coverage rose above 70%. People’s Daily, 2026-09-24.

  • Liu Xin, director of offshore wind and smart hydropower departments at China Huaneng Clean Energy Research Institute (a Chinese clean-energy research institute), presented the “Huanghai No. 1” model — China’s deepest-water and most wave-resistant floating offshore photovoltaic platform — carrying 434 photovoltaic panels and 2 vertical-axis wind turbines in sea trials off the Shandong Peninsula. People’s Daily, 2026-09-24.

  • Dalian hydrogen industry gathers more than 60 enterprises with 10 billion yuan output target · covered by 1 outlet

  • Dalian has basically formed a full hydrogen industry chain ecosystem, gathering more than 60 upstream and downstream innovation enterprises, with a target of 10 billion yuan in annual output value. People’s Daily, 2026-09-24.

Trade

  • Yangtze River Delta foreign trade up 18.8% in first eight months · covered by 2 outlets
  • In the first eight months of 2026, the Yangtze River Delta region’s total imports and exports reached 13.16 trillion yuan, a record high for the same period and up 18.8% year on year, according to Shanghai Customs. People’s Daily, 2026-09-23.
  • The region’s trade accounted for 37.8% of China’s total imports and exports and grew for 18 consecutive months; exports were 8.34 trillion yuan, up 17.9%, and imports 4.82 trillion yuan, up 20.4%, according to Shanghai Customs. People’s Daily, 2026-09-23.
  • Exports of mechanical and electrical products reached 5.35 trillion yuan, 64.2% of the region’s total exports, up 26.6%, including integrated circuit exports of 730.44 billion yuan, which doubled, and automobile exports of 434.49 billion yuan, up 66.8%, according to Shanghai Customs. People’s Daily, 2026-09-23.

Tech

  • AI assistants deployed across China’s autumn harvest · covered by 1 outlet
  • By the end of 2025, Zaoyang’s total agricultural machinery power reached 1,933,600 kilowatts, with more than 2,300 BeiDou (China’s satellite navigation system) harvester operation monitoring terminals installed and a comprehensive mechanization rate of 92.5% for major crops. People’s Daily, 2026-09-24.
  • The “Zhejiang Grain Depot” digital platform now covers 232 grain collection and storage enterprises provincewide, connecting more than 590 depot sites and 6,750 warehouses. People’s Daily, 2026-09-24.

Markets

  • Offshore yuan closes at 6.7114 per dollar, down 130 pips · covered by 3 outlets
  • The offshore yuan closed at 6.7114 against the US dollar in night trading, down 130 points from the previous trading day. Economic Observer, 2026-09-24.
  • The onshore yuan closed at 6.7065 against the US dollar at 16:30 on September 23, down 46 points from the previous trading day. m.21jingji.com, 2026-09-23.
  • In the September 23 session, onshore yuan trading volume was $45.839 billion, and the onshore yuan closed at 6.7005 per US dollar at 03:00 Beijing time, down 52 points from Monday’s night-session close. finance.eastmoney.com, 2026-09-23.

Sources

45 source articles across 11 Chinese outlets. Each story below lists the outlets that corroborate it; click any source to read the original.

China’s EV charging points pass 24 million; Changan’s Zhu Huarong says 3.5 million annual sales only buys survival — 3 outlets

CICC resumes trading as Dongxing and Xinda Securities face delisting; Caitong Securities signs Alibaba Cloud partnership — 3 outlets

China releases 2025 outbound direct investment bulletin, scale stays among world’s largest — 3 outlets

MIIT and two ministries push dedicated AI agents across the full light industry and textile supply chain — 3 outlets

China’s top 500 private firms shift toward advanced manufacturing and innovation — 3 outlets

NDRC and energy authorities pair green transition push with supply security guarantees — 3 outlets

China releases 15th Five-Year Plan for light industry and textiles — 3 outlets

Yangtze River Delta foreign trade up 18.8% in first eight months — 2 outlets

Zhongsu shares jump more than 680% on trading debut, company issues risk warning — 3 outlets

Dalian lays out forward-looking hydrogen industry roadmap under 15th Five-Year Plan — 1 outlet

AI assistants deployed across China’s autumn harvest — 1 outlet

PCB stock up over 200% sees directors and partnerships plan share reductions — 3 outlets

2026 China Manufacturing Promotion Week launches in Beijing — 3 outlets

PBOC to inject 800 billion yuan via MLF on Sept 24 — 3 outlets

Shanshan to invest 5.106 billion yuan in lithium battery anode materials after Conch Group’s indirect takeover — 3 outlets

Offshore yuan closes at 6.7114 per dollar, down 130 pips — 3 outlets

Aluminum Corp of China passes resolutions at 2026 second extraordinary shareholders’ meeting — 2 outlets

Methodology: stories are clustered across Chinese outlets and ranked by breadth of corroboration and recency. Reporting is descriptive only and is not investment advice. Compiled 24 September 2026 07:29 CST.

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