U.S. crude oil imports for the week ending December 26, according to the EIA report, decreased by 957,000 barrels, compared to 609,000 barrels in the previous week.

1. China's December Manufacturing Purchasing Managers' Index (PMI) was released, rising into expansion territory, indicating a recovery in the manufacturing sector. 2. Childcare subsidies for 2026 will be fully open for application starting January 5th. 3. The National Development and Reform Commission (NDRC) announced that the 2026 early-batch list of key projects and central government budget investment, totaling approximately 295 billion yuan, has been issued. 4. The Ministry of Commerce announced that subsidies for each household appliance will not exceed 1,500 yuan, and subsidies for each digital and smart product will not exceed 500 yuan. 5. ICBC, ABC, and BOC announced that interest will be paid on the balance of digital RMB real-name wallets starting January 1, 2026. Individual Stock News 1. According to data on main capital flows, BlueFocus saw the largest net inflow of main capital at 2.746 billion yuan, followed by Leo Group, Aerospace Electronics, China Satellite, and Sunway Communication. Foxconn Industrial Internet saw the largest net outflow of main capital at 2.099 billion yuan, followed by Tianfu Communication, Sungrow Power, Saiwei Electronics, and Invik. 2. Moore Threads increased its capital to 470 million yuan, an increase of approximately 18%. 3. ZTE Chairman Fang Rong: Overseas markets still have great potential; the terminal business is firmly committed to expanding into major markets. 4. Beijet: Demand for antimony continues to grow in the commercial aerospace sector. 5. Kailong High-Tech: Orison Testing has entered Geely Automobile Research Institute's supplier system. 6. Pingo Group: Jiangyuan D20 Pro 128GB data center GPU boards have been delivered in batches. 7. Shudao Equipment: Currently engaged in gas equipment supply business with two domestic aerospace base-related companies.

[Total Trading Volume of Shanghai and Shenzhen Stock Exchanges Reaches 2,045.235 Billion Yuan Today, with Sanhua Intelligent Control Leading in Trading Volume] On December 31, the total trading volume of the Shanghai and Shenzhen stock exchanges reached 2,045.235 billion yuan, a decrease of 97.384 billion yuan compared to the previous day. Specifically, the Shanghai Stock Exchange's trading volume was 829.512 billion yuan (compared to 887.533 billion yuan in the previous trading day), with a trading volume of 491 million lots (compared to 526 million lots in the previous trading day); the Shenzhen Stock Exchange's trading volume was 1,215.723 billion yuan (compared to 1,255.086 billion yuan in the previous trading day), with a trading volume of 714 million lots (compared to 719 million lots in the previous trading day). Sanhua Intelligent Control led in trading volume with 22.473 billion yuan. This was followed by Aerospace Development, Zhongji Xuchuang, China Satellite, and Aerospace Electronics, with trading volumes of 17.932 billion yuan, 13.944 billion yuan, 13.579 billion yuan, and 12.707 billion yuan, respectively.