POWELL: SUPPORT FOR FED INDEPENDENCE AMONG DEMOCRATS, REPUBLICANS, HOUSE AND SENATE

Key News 1. Ministry of Foreign Affairs: China and the US will continue to maintain communication regarding President Trump's visit to China. 2. China Securities Regulatory Commission (CSRC): Resolutely remove obstacles and stumbling blocks affecting the reform and development of the capital market. 3. General Office of the CPC Central Committee and General Office of the State Council: The land contract period will be extended for another 30 years, starting from the expiration of the second round of land contracting agreements. 4. A negative list management mechanism for fiscal subsidies will be established; relevant documents are expected to be released soon. 5. The Federal Reserve held rates steady, maintaining its expectation of one rate cut in 2026. Individual Stock News 1. Shenghong Technology: The company has a full order book with high order visibility. 2. Dashengda: Plans to invest 550 million yuan in high-performance graphics processor company Xintong Semiconductor; the target company's AI system can create an internally closed-loop shrimp farming ecosystem. 3. CATL responds to electric vehicle subsidy policy adjustment: The electric vehicle subsidy policy is tilted towards mid-to-high-end models, which will be more beneficial to the company's dominant performance in the mid-to-high-end model market. 4. Wanhua Chemical: The 750,000-ton/year PDH unit in its Yantai Industrial Park will be shut down for maintenance for approximately 30 days. 5. Maiwei Shares' 5 billion yuan strategic investment has been finalized: A perovskite battery and semiconductor equipment project has been signed in Wujiang. 6. Chifeng Gold: The actual controller is planning a change of control of the company; trading is suspended. 7. Hongxing Development: The strontium carbonate production line of its optoelectronic new materials project has been ignited for trial production. 8. Shunhao Shares, which has seen two consecutive daily price limits: Its "ground-based data processing" business may have a competitive advantage over ground-based data centers in the next 5-10 years. During this process, Guidao Chenguang may face intense competition from other companies in the same industry. 9. Yongdong Shares: Prices of carbon black, coal chemical series, and other products have generally increased, and the transmission of this round of price increases has been rapid. 10. Hesun Petroleum: It plans to acquire 51.11% of the voting rights of Kuixin Technology, a high-speed interface IP company, for 540 million yuan and gain control.

Iranian state television reported that parts of the South Pars gas field and oil industrial facilities in Asaluyeh were attacked.