Volvo Cars: The goal is to achieve an EBIT margin of over 8% in the long term through electrification.

US President Trump praised cryptocurrencies, saying they eased pressure on the dollar.

Key News 1. China and the US begin implementing the consensus reached in the Kuala Lumpur trade consultations. 2. Li Chenggang meets with the US agricultural trade delegation. 3. Ministry of Commerce: Ceases anti-circumvention measures on imported cutoff wavelength-shifted single-mode optical fiber originating from the US. 4. Beijing-Tianjin-Hebei region: Strives to build a BeiDou spatiotemporal industry cluster with an industrial scale exceeding 200 billion yuan by 2027. Individual Stock News 1. Kweichow Moutai: Plans to repurchase and cancel company shares worth 1.5 billion to 3 billion yuan; will distribute a cash dividend of 23.957 yuan per share in the first half of 2025. 2. Aerospace Hongtu: Its drone procurement project is suspected of violating regulations; it has been banned from participating in the procurement activities of military materials and engineering services for three years. 3. Haier: The company was convicted of bribery and fined 7 million yuan. 4. Weining Health: Its actual controller, Zhou Wei, was sentenced to one year and six months in prison and fined 200,000 yuan. 5. Wuxi Guolian Integrated Circuit Investment Center, the second largest shareholder of Wingtech Technology, plans to reduce its holdings by no more than 3%. 6. Zhongtian Technology: Recently successfully obtained approval for Jiangsu Provincial Science and Technology Major Project "Research and Development of All-Solid-State Low-Cost Lithium-ion Energy Storage Batteries". 7. Mengtian Home Furnishings: Plans to acquire control of Chuantu Microelectronics, and the actual controller is planning a change of control; trading of its shares will be suspended from the 6th. 8. Bethel: Invested 100 million yuan with Jinrun Electric to establish Bethel Drive, expanding into key components for humanoid robots. 9. Tongling Nonferrous Metals: Won the exploration rights for the Jiguanshan-Hucun copper-gold-molybdenum mine in Tongling City, Anhui Province for 3.204 billion yuan. 10. Jiadian Shares: Its controlling shareholder, Harbin Electric Group, has already made strategic investments in fourth-generation nuclear power industries such as thorium-based molten salt reactors. 11. Kabeyi: Invested 100 million yuan to establish a wholly-owned subsidiary, Shanghai Kabeyi Robotics, to accelerate the R&D process and business layout of humanoid robot component projects. 12. Jiayuan Technology: Signed a cooperation framework agreement with CATL to carry out comprehensive cooperation in new battery negative electrode current collector materials (including but not limited to copper foil for solid-state batteries).