1. Ministry of Finance: Extension of New Energy Vehicle Purchase Tax Reduction Policy for 4 Years

　　2. Ministry of Industry and Information Technology: From January to May, 115000 tons of waste power batteries were recycled, exceeding the total amount of last year's entire year

　　3. New Kangzhong Mobil Family Day Activity Successfully Held in 76 Days

　　4. Battery recycling company Redwood Materials estimated at $5 billion

　　5. SAIC Passenger Car Zhengzhou Base Engine Factory GS6 Series 100000th Engine Offline

　　6. Moen Lubricant has been awarded the honorary title of "Leading Brand in Lubricant Quality Certification"

　　7. The comprehensive service platform for second-hand cars, "Zhongqi Service," was officially launched

　　Ministry of Finance: Extension of New Energy Vehicle Purchase Tax Reduction Policy for 4 Years

　　On July 19th, at a press conference held by the Ministry of Finance, relevant officials of the Ministry of Finance introduced the specific content of continuing and optimizing the tax reduction and exemption policy for new energy vehicle purchases, clarifying that the tax reduction and exemption policy for new energy vehicle purchases will be extended until the end of 2027.

　　According to the introduction, it is clarified that the policy of reducing and exempting the purchase tax on new energy vehicles will be extended for 4 years, that is, until December 31, 2027. Among them, new energy vehicles purchased between January 1, 2024 and December 31, 2025 are exempt from vehicle purchase tax, with a tax exemption of no more than 30000 yuan per vehicle; Half of the vehicle purchase tax will be levied on new energy vehicles purchased between January 1, 2026 and December 31, 2027, with a tax reduction of no more than 15000 yuan per vehicle.

　　Ministry of Industry and Information Technology: From January to May, 115000 tons of waste power batteries were recycled, exceeding the total amount of last year

　　On July 19, Tao Qing, Director of the Operation Monitoring Coordination Bureau of the Ministry of Industry and Information Technology, introduced at the press conference of the National Information Office that energy conservation monitoring and diagnostic services had been carried out for more than 50000 enterprises. At present, the energy efficiency of steel, raw aluminum, cement clinker and other unit products is at the advanced level in the Vanguard International Semiconductor Corporation, and the energy consumption of a single 5G base station has dropped by more than 20% compared with the initial stage of commercial use. The capacity of resource recycling has been continuously enhanced, and the comprehensive utilization rate of bulk industrial solid waste has been steadily improved. More than 10000 service outlets for waste power Battery recycling recycling have been built. Everyone is very concerned about the problem of waste automotive Battery recycling recycling. From January to May 2023, 115000 tons of waste power batteries will be recycled, more than the total amount of last year.

　　The New Kangzhong Mobil Family Day event was successfully held

　　On July 13th, the New Kangzhong Mobil Family Day event was successfully held in the Shendu Luoyang. Prior to this event, the management meetings of both parties reviewed the fruitful results of business development in the first half of the year, exchanged and analyzed the challenges and development trends faced by the automotive aftermarket in the post pandemic era, and discussed the topics of deepening cooperation between the two sides in various aspects. Jointly confirm the plan to continue launching customized new products in the Tmall car maintenance channel, and strengthen cooperation in new media dissemination and data co construction, working together to provide higher quality and professional products and services to end consumers.

　　After the event began, Yue Chunyang, Managing Director of ExxonMobil China Lubricants Business, first delivered a speech reviewing Mobil

　　After the event began, Yue Chunyang, the Managing Director of ExxonMobil China Lubricants Business, first delivered a speech, reviewing the close cooperation between Mobil and Xinkangzhong along the way, highly recognizing the achievements made by both sides in terminal brand construction, Tmall's exclusive product development, and expressing the need to continue to strengthen more comprehensive and in-depth cooperation in the future. CEO of Xinkangzhong, Shang Baoguo, expressed gratitude to the Mobil team for their strong performance growth results in the first half of the year, and also raised higher expectations for their future cooperation. Both sides work together to create higher value for customers.

　　The successful holding of the New Kangzhong Mobil Family Day event represents the further deepening of cooperation between the two parties. Focusing on the mission of "vehicle health and human safety", New Kangzhong also hopes to deepen cooperation with partners from various brands, bringing high-quality products and professional services to customers, and jointly realizing the beautiful vision of "making all car owners worry free"!

　　[Redwood Materials, a Battery recycling company, is valued at US $5 billion]

　　Recently, according to foreign media reports, Redwood Materials, a Battery recycling startup founded by Tesla co-founder JB Straubel, is conducting financing negotiations. The company hopes to raise $700 million to build its first large factory in Nevada. After this transaction, the company's valuation will reach $5 billion. Straubel established Redwood Materials in 2017, which reshapes the electric vehicle supply chain by recycling key materials from batteries and reducing the dependence of the electric vehicle industry on the mining industry.

　　SAIC Passenger Car Zhengzhou Base Engine Factory GS6 Series 100000th Engine Offline

　　Recently, SAIC Passenger Car Zhengzhou Base Engine Factory welcomed the 100000th engine of the GS6 series offline. It is reported that the GS6 series engine is a high-performance, low fuel consumption, all aluminum gasoline engine independently researched and developed by SAIC Motor, which took four years to build, and has completely independent intellectual property rights.

　　It is reported that the Zhengzhou base is SAIC's third complete vehicle production base after Shanghai Lingang and Nanjing Pukou. Since the first complete vehicle was taken off the production line on September 27, 2017, it has been less than 70 months. The Zhengzhou base has welcomed the 1.5 million complete vehicle production line, creating a cumulative output value of over 100 billion yuan.

　　Moen Lubricant won the honorary title of "Leading Brand in Lubricant Quality Certification"

　　Recently, Moen Lubricant was awarded the honorary title of "Leading Brand in Automotive Aftermarket Lubricant Quality Certification". It is reported that the "Gazelle Award" is the first domestic automotive industry gazelle enterprise service platform meticulously created in 2008. It is a brand event meticulously created by institutions such as China Automobile Federation, known as the "China Automotive Parts and Accessories Industry Overall Rating List", Based on the four dimensions of "growth speed, innovation ability, professional field, and development potential" as the core evaluation system of the brand, excellent brands in China's automotive aftermarket service industry are selected through three stages: online preliminary selection and online selection, combined with expert media and evaluation.

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　　The comprehensive service platform for second-hand cars, "Zhongqi Service," was officially launched

　　On July 14th, the 2023 Automotive Aftermarket Innovation and Development Conference was held in Beijing. At the meeting, under the joint guidance of the China Consumer Goods Quality and Safety Promotion Association and the China Automotive Engineering Research Institute Co., Ltd., the China Automotive Consumption Promotion Service Platform (hereinafter referred to as "China Automotive Service"), a comprehensive service platform for second-hand cars built by China Automotive Research Institute Kairui Testing and Certification (Chongqing) Co., Ltd., was officially launched. It is understood that "Zhongqi Service" integrates functions such as vehicle condition detection and inquiry, complaint protection, vehicle warranty extension, owner service, testing agency service certification, personnel training, etc. It can provide comprehensive services for consumers, car owners, dealers, testing institutions and other related parties of second-hand car consumption.

　　The platform can provide queries on various vehicle condition information such as new energy vehicle power battery performance, vehicle collision information, and vehicle historical mileage, helping consumers and relevant parties to have a clearer understanding of the vehicle's history, comprehensively grasp vehicle information, avoid low-quality second-hand cars, and encourage consumers to dare to buy second-hand cars, "said the relevant person in charge of" China Automobile Service ". At the same time, "Zhongqi Service" can also provide external services such as certification of testing institutions and dealers, training of second-hand car testing and evaluation experts, complaint protection of quality and service related to car owners and second-hand cars, judicial appraisal of second-hand car testing disputes, and extension of second-hand car vehicle warranty, promoting the healthy development of the second-hand car market.