[Stock Index Futures Opening in the Morning Session] The main contract of CSI 300 stock index futures (IF) fell 2.50%, the main contract of SSE 50 stock index futures (IH) fell 1.91%, the main contract of CSI 500 stock index futures (IC) fell 4.00%,

Important News 1. The second plenary session of the Fourth Session of the 14th National People's Congress will be held this morning. 2. Pan Gongsheng: Maintain relatively loose social financing conditions. 3. The People's Bank of China increases its gold reserves for the 16th consecutive month. 4. State Administration of Foreign Exchange: Foreign exchange reserves reached US$3.4278 trillion at the end of February, up 0.85% from the end of January. 5. Wu Qing: Strictly investigate and punish behaviors such as riding the wave of hot topics, speculating on concepts, and manipulating the market. 6. Zheng Shanjie: Focus on developing six emerging pillar industries and six future industries. 7. The China Securities Regulatory Commission (CSRC) issued "Several Provisions on the Supervision of Short-Swing Trading". 8. National Development and Reform Commission (NDRC): Coordinate the construction of satellite communication, navigation, and remote sensing systems, and build low-altitude infrastructure with scenario expansion as the driving force. 9. Sha Yan, Chairman of the Shenzhen Stock Exchange: Prepare for the reform of the ChiNext board. 10. Cai Jianchun, General Manager of the Shanghai Stock Exchange: Implement normalized listing, financing, and mergers and acquisitions for key core technology companies on the Science and Technology Innovation Board. Individual Stock News 1. Jiangbolong: Has established deep and multi-faceted cooperative relationships with major global memory wafer manufacturers and signed long-term supply agreements or memorandums of understanding for business cooperation. 2. Biwin Storage: The recent sharp rise in memory product market prices raises uncertainty regarding the sustainability of AI investments. 3. Shandong Molong: Fluctuations in international crude oil prices have no substantial positive impact on the company's performance in the short term. 4. Zhongnan Culture: Plans to acquire 57.3% equity in Jiangyin Sulong Thermal Power; stock will resume trading on the 9th. 5. Wanbangde: First-quarter net profit is expected to increase by 985% year-on-year, with initial success in its strategic transformation from generic drugs to innovative drugs. 6. Huapei Power: Terminated the acquisition of 100% equity in Meichuang Zhigan; stock will resume trading on the 9th. 7. ZTE Corporation: The company and its subsidiaries plan to use no more than 40 billion yuan of their own funds for entrusted wealth management. 8. Shanghai Electric Group: Its wholly-owned subsidiary plans to invest 5.5 billion yuan in a printed circuit board (PCB) production project to produce high-layer, high-frequency, high-speed, high-density interconnect, and high-current PCBs. 9. Huasheng Tiancheng: Directors Shen Longzhe and Liu Yaling, along with senior executive Zhang Bingxia, plan to reduce their holdings by no more than 424,100 shares in total. 10. Maiwei Technology: Plans to invest 3.5 billion yuan in a perovskite tandem solar cell complete equipment project. 11. Huacan Optoelectronics: Currently, the application of MicroLEDs in expanded fields such as optical communication is still in the early stages of research and development and sample verification.

The UAE stated that its air defense systems are currently responding to missile and drone threats from Iran.