China's GDP grew at an annualized rate of 5% in the first quarter, compared with 4.5% in the previous quarter.

RUSSIAN DEFENCE MINISTRY: RUSSIA ALSO HIT DEFENCE INDUSTRY TARGETS USED FOR PRODUCTION OF CRUISE MISSILES AND DRONES - RIA

Key News 1. Russian Foreign Minister says he will help China make up for energy shortages; Foreign Ministry responds. 2. Xi Jinping meets with Russian Foreign Minister Lavrov. 3. Two departments: Adjustments to overseas lending business of banking financial institutions. 4. General Office of the State Council issues "Opinions on Deepening the Reform of Investment Approval System". Stock News 1. CATL: Q1 net profit up 48.52% year-on-year; plans to establish CATL Resources Group with a registered capital of 30 billion yuan. 2. Biwin Storage: Q1 net profit of 2.899 billion yuan, turning a loss into a profit year-on-year; strong market demand drives continued price increases. 3. Ronbay Technology: Plans to invest 4.298 billion yuan to build production capacity for lithium iron phosphate precursors and cathode materials. 4. Boyun New Materials: Boyun Oriental's revenue and gross profit margin for cemented carbide products increased significantly in Q1; future business growth remains uncertain. 5. Dingtai Hi-Tech: Q1 net profit up 259% year-on-year; AI computing power drives rapid revenue growth. 6. China Jushi: Q1 net profit expected to increase by 60%-80% year-on-year, with both volume and price of fiberglass products rising. 7. Lens Technology: Q1 net loss of 150 million yuan, with decreased revenue from smartphones and computers. 8. Huayi Brothers: Subject to reorganization and pre-reorganization applications from creditors. 9. Longpan Technology: Q1 net profit expected to be 200 million to 250 million yuan, turning a profit year-on-year, with both revenue and sales volume of lithium iron phosphate business increasing. 10. CICC: Expects Q1 net profit to increase by 65% to 90% year-on-year. 11. Weike Technology: If future technological development falls short of expectations or market competition intensifies, it may adversely affect the profitability of the sodium-ion battery business. 12. Dingtong Technology: Q1 net profit increased by 52% year-on-year, with strong demand for 112G and 224G liquid cooling systems leading to mass deliveries. 13. Tianbang Food: The company is incurring losses under current pork price levels.