TSMC (TSM.N): We will work closely with relevant regulatory authorities as needed to protect our competitive advantage and operational stability.

Key News 1. DeepSeek input cache price reduced to 1/10 of its initial offering price. 2. Shanghai Stock Exchange: After-hours fixed-price trading expanded from STAR Market stocks to all A-shares and exchange-traded funds. 3. Shenzhen Stock Exchange: Adjusted confirmation time for block trades of ChiNext stocks. 4. China Securities Regulatory Commission (CSRC) announced that qualified foreign investors are allowed to participate in treasury bond futures trading. 5. Ministry of Finance: Stock market trading was active, with securities transaction stamp tax increasing by 78.1% in the first quarter. 6. People's Bank of China (PBOC): Will conduct 400 billion yuan MLF operation on April 27. 7. State Council Executive Meeting: Strengthen, optimize, and expand the marine industry, and vigorously cultivate emerging industries such as marine biomedicine and new materials. 8. General Office of the CPC Central Committee and General Office of the State Council issued an opinion on strengthening the service and management of new employment groups. 9. PBOC: Continue to rectify "involutionary" competition among financial institutions and coordinate the "five major tasks" of finance with high quality. 10. The Ministry of Commerce responded to the US passage of the "Hardware Technology Control Multilateral Coordination Act" and other bills. Individual Stock News 1. Kweichow Moutai: Q1 net profit of 27.2 billion yuan, up 1.47% year-on-year. 2. Moore Threads: Q1 net profit of 29.36 million yuan, achieving a turnaround from loss to profit during the period. 3. ZTE Corporation: Q1 net profit of 1.31 billion yuan, down 46.58% year-on-year. 4. Luoyang Molybdenum: Q1 net profit of 7.76 billion yuan, up 96.65% year-on-year. 5. CITIC Securities: Q1 net profit of 10.216 billion yuan, up 54.60% year-on-year. 6. Eastmoney Information: Q1 net profit of 3.738 billion yuan, up 38% year-on-year. 7. Hisun Pharmaceutical: Q1 net profit attributable to shareholders of 555 million yuan, up 1089.85% year-on-year. 8. China Tungsten High-Tech Materials: Q1 net profit attributable to shareholders of 921 million yuan, up 264.44% year-on-year. 9. Goldwind Technology: Q1 net profit of RMB 907 million, a year-on-year increase of 59.65%. 10. Hengtong Optic-Electric: Q1 net profit of RMB 1.105 billion, a year-on-year increase of 98.53%. 11. InnoLight Technology: 1.6T products are already in mass production and shipping, and are expected to maintain quarter-on-quarter growth. 12. New E-Sun: 1.6T and 800G are the main products delivered this year, and the industry is expected to maintain a high level of prosperity and high growth trend in 2027. 13. Chery Automobile signed an agreement with CATL to develop models adapted to battery swapping and battery swapping networks. 14. Shengmei Shanghai successfully shipped its first PECVD SiCN equipment. 15. Hengli Petrochemical: A major subsidiary was added to the U.S. Treasury Department's SDN list. 16. Fujian Electronics: Smart light pole products account for less than 0.1% of the company's total revenue. 17. China Merchants Energy Shipping: Plans to invest no more than RMB 3.814 billion to build 8 new container ships.

Jay Chen left Tokyo Electron after the company discovered ties to investment vehicles backing emerging Chinese semiconductor competitors, the FT reported. Records show Chen was linked via family investments to startups, including Britech Semiconductor Equipment, developing rival chipmaking tools. The case highlights challenges for foreign suppliers as Beijing accelerates efforts to build a self-sufficient semiconductor industry.