Russian President Vladimir Putin signed a decree setting the Russian armed forces' authorized strength at 2.4 million, of which 1.5 million are military personnel.

Key News 1. The People's Bank of China (PBOC) injected a net 50 billion yuan into the market through open market operations in February. 2. Wang Yi spoke with Israeli Foreign Minister Saar by phone. 3. Will US actions against Iran affect China's oil supply? Foreign Ministry: China will take measures to ensure energy security. Individual Stock News 1. PetroChina: Short-term oil price fluctuations are subject to significant uncertainty. 2. Sinopec: International crude oil price trends are subject to considerable uncertainty due to geopolitical factors. 3. CNOOC: The international crude oil market has recently been affected by multiple factors, including geopolitical tensions, resulting in significant uncertainty in short-term oil price fluctuations. 4. China Merchants Energy Shipping (6-day winning streak, 4-day limit-up): The company's tankers and other vessels face significant safety risks when entering and leaving the Persian Gulf, but the impact on the company's overall operations is expected to be manageable. 5. BYD will release its second-generation blade battery and flash charging technology. 6. Yankuang Energy: The international supply situation for methanol and other chemical products may change, and future performance may still be subject to uncertainty due to factors such as raw material price fluctuations. 7. Jinrui Mining (two consecutive daily limit-up moves): Its strontium carbonate production line has resumed production. 8. Biwin Storage: Expected profit of 1.5 billion to 1.8 billion yuan for January-February; supply shortage in the storage industry. 9. Shanshan Co., Ltd.: If the restructuring is successful, the actual controller will change to the Anhui Provincial State-owned Assets Supervision and Administration Commission. 10. China North Industries Group Red Arrow Co., Ltd.: Zhongnan Diamond issued a price adjustment notice to its customers for industrial diamonds in February 2026. 11. Topband Co., Ltd.: Mass production and delivery of hollow cup motors and intelligent drive micro-engine systems for robot dexterity hands are expected to be achieved in 2026.

A-share memory chip sector rallied in early trading, with Demingli and Baiwei Storage hitting the daily limit, Jiangbolong rising over 10%, and Langke Technology, Weice Technology, Puran Shares, Hengshuo Shares, and Xiangnong Core Innovation following suit.