SMM February 7 News: According to reports, from February 1, 2025, to February 7, 2025, the weekly comprehensive operating rate of lead-acid battery enterprises in five provinces monitored by SMM was 40.84%, up 28.07 percentage points WoW.
This week marked the first week after the Chinese New Year holiday, and lead-acid battery enterprises gradually resumed operations, leading to an increase in the weekly operating rate. During the Chinese New Year holiday, except for a few enterprises that continued production as usual, other lead-acid battery enterprises entered a holiday state, with holiday durations ranging from 2-3 days to as long as 24-25 days. Post-holiday resumption times varied, with some enterprises resuming production as early as the fourth day of the lunar new year (February 1), while others resumed near the Lantern Festival. Most enterprises, however, resumed operations this week, generally between the eighth and tenth days of the lunar new year (February 5-7). Next week, as more workers return to their posts, the weekly operating rate of lead-acid battery enterprises is expected to rise further.
