Recently, U.S. Transportation Secretary Sean Duffy publicly pressured Ford, accusing it of deep cooperation with Ningde Times, Geely and BYD on the grounds of supply chain security and national security, and demanding that Ford cut off or reduce relevant cooperation and abandon Chinese battery technology. Shares of Ford fell more than 5% on Tuesday on the news.

Recently, the Intermediate People's Court of Benxi City, Liaoning Province announced that the administrator had completed the distribution of the bankruptcy property of Liaoning Highway Cement Plant in accordance with the Distribution Plan of the Bankruptcy Property of Liaoning Highway Cement Plant. In accordance with Article 120 of the Enterprise Bankruptcy Law of the People's Republic of China, the court decided to terminate the bankruptcy proceedings of Liaoning Highway Cement Plant on September 15, 2026.