On July 27 Shanghai Jingce Semiconductor shipped its 100th electron-beam dose metrology system. High-end electron-beam dose metrology is a core tool for front-end semiconductor manufacturing; core technology and market share have long been dominated

1. Has Enough Patience to Reach a New Agreement with Iran, or Go to War —US President Trump stated on the 27th that he has enough patience and time to reach an agreement with Iran, but if a new ceasefire agreement is not reached, the US will resume military strikes against Iran. Trump said that US-Iran negotiations are currently "going well." "Time is running out. It's either a quick victory or it's over." Trump stated that he suspended strikes against Iran because the mediating countries requested another chance to negotiate, emphasizing that he believes Iran is willing to reach an agreement. 2. Trump's Approval Rating Rises by 3 Percentage Points—A Reuters/Ipsos poll showed that Trump's presidential approval rating rose from 34% to 37%. 69% of Americans said Trump did not clearly explain the objectives of the US military's involvement in Iran. 3. Calls for the US to Have the Lowest Interest Rates in the World —US President Trump, speaking on Monday about the Federal Reserve, said that Fed Chairman Warsh is excellent, but he has to deal with the committee's issues. He believes Warsh will do the right thing and knows what Warsh wants. Regarding interest rates, Trump stated that interest rates should be lower, and the US should have the lowest interest rates in the world. He also mentioned that costs are rapidly decreasing. 4. The Trump administration is close to finalizing a voluntary AI review framework – According to The Information, three sources familiar with the matter revealed that the Trump administration is close to finalizing a voluntary framework requiring AI companies to submit their most advanced models to the government before releasing them to the public. Trump has set August 1 as the deadline for creating the framework, which aims to establish a more standardized review process for powerful new AI capable of quickly identifying cyber vulnerabilities. According to two sources, as the deadline approaches, some AI companies have expressed concerns in meetings with White House agencies about how the framework will define cutting-edge models and whether it will differentiate between closed-source and open-source models. 5. US President Trump: The impact of tariffs on General Motors (GM.N) is staggering. 6. US President Trump: We're going to cancel Daylight Saving Time. 7. Trump will meet separately with Israeli Prime Minister Netanyahu and Ukrainian President Zelensky on Tuesday.

State Taxation Administration director Hu Jinglin told a State Council Information Office briefing on July 28 that tax exemptions and reductions under livelihood-focused policies in 1H rose 11.8% YoY. Some 126 mln people claimed personal income tax special additional deductions for pension, medical, education and employment—up 5.9% YoY—delivering tax cuts of more than 320 billion yuan, up 8.2% YoY. Tax authorities, working with the Ministry of Human Resources and Social Security, expanded a pilot occupational‑injury protection scheme for new forms of employment nationwide from July 1, cumulatively benefiting 29.1 mln people.