Key News
1. May LPR Quotations Released: Both 1-year and 5-year LPRs Remain Unchanged.
2. Insurance Asset Management Faces "Four Pillars" Regulatory Requirements.
3. Ministry of Public Security: "Zero Tolerance" for Financial Fraud Crimes by Listed Companies.
4. Yichun Seeks Opinions on Further Strengthening Supervision and Management of Lithium Resource Mines.
5. Xi Jinping: Will Work with Russia to Uphold the Spirit of the Treaty and Firmly Advance China-Russia "Back-to-Back" Strategic Cooperation.
6. Ministry of Commerce: Both Sides Agree in Principle to Discuss a Framework Arrangement for Reciprocal Tariff Reductions for Products of Equivalent Size under the Trade Council.
7. Ministry of Commerce: The Chinese Government Implements Export Controls on Key Minerals such as Rare Earths in Accordance with Laws and Regulations, and Reviews Compliant, Civilian-Use Permit Applications.
Individual Stock News
1. According to data on main capital flows, SMIC saw the largest net inflow of main capital at 3.422 billion yuan, followed by Sungrow Power, GigaDevice, Do-Fluoride Chemicals, and JCET Group. Foxconn Industrial Internet saw the largest net outflow of main capital at 1.711 billion yuan, followed by Luxshare Precision, BlueFocus, Tianfu Communication, and Zijin Mining.
2. Huasheng Tiancheng is establishing a token factory.
3. SMIC, Huahong Group, and others have established an international supply chain center for electronic materials with a registered capital of 200 million yuan.
4. Wanda Information and Biren Technology have reached an ecological strategic cooperation agreement, focusing on key AI-related projects such as smart government affairs, healthcare, smart cities, and intelligent computing centers.
5. Winning Health and Alibaba Cloud have reached a strategic cooperation agreement to conduct comprehensive cooperation in the cutting-edge field of AI in healthcare.
6. Ruijie Networks: 1.6T LPO optical modules and 3.2T NPO optical modules are still under development. 7. Wanma Shares: The insulation material for 500kV DC submarine cables is currently in the trial production stage.
8. Anli Shares: The new composite materials used in the semiconductor field have achieved a certain level of mass production, but the order amount is relatively small.
