UK Chancellor of the Exchequer, on Iran sanctions, urged Iran to cease disruptive activities in the region, including in the Strait of Hormuz.

On Tuesday, August 25th, the Shanghai Gold Exchange's gold T+D contract rose 1.16% to 1011.41 yuan/gram in early trading; the Shanghai Gold Exchange's silver T+D contract rose 0.72% to 16900.0 yuan/kilogram in early trading.

Key News 1. The People's Bank of China: A 500 billion yuan one-year MLF operation will be conducted on August 25th. 2. New policy for national housing provident fund: First-time homebuyers can get loans up to 3.4 million yuan. 3. Wang Huning meets with US representatives at the third China-US Track 1.5 Dialogue. 4. Shanghai: Promoting high-performance computing chips, general-purpose processor chips, memory chips, interconnect chips, and smart sensors to reach international advanced levels. Individual Stock News 1. New E-Sun: First-half net profit increased by 91% year-on-year, benefiting from increased sales revenue due to investment in artificial intelligence computing power. 2. Biwin Storage: First-half net profit reached 7.166 billion yuan, turning a loss into a profit year-on-year; revenue from emerging AI edge storage products increased 4.34 times year-on-year. 3. Luxshare Precision: First-half net profit reached 7.8 billion yuan, a year-on-year increase of 18%; net profit for the first three quarters is expected to be 13.2 billion to 14.4 billion yuan. 4. Wanhua Chemical: First-half net profit increased by 64.35% year-on-year; proposed dividend of 8.1 yuan per 10 shares. 5. Cambridge Technology: Net profit increased by 171% year-on-year in the first half of the year, with a significant increase in orders for high-speed optical modules. 6. Dongshan Precision: The company's 1.6T optical module products have been supplied to customers. 7. WuXi AppTec: The company's DEL platform in its biological business segment recently encountered a cybersecurity incident. 8. Topstar: Plans to acquire a 49% stake in Lailer Optoelectronics, a manufacturer of high-precision coupling equipment for optical modules, for RMB 147 million, entering the optical communication sector. 9. Ganfeng Lithium: Signed a key agreement with LAR for the integration of the PPGS lithium salt lake project. 10. Ruikeda: Plans to use RMB 200 million of raised funds for a new industrialization project for passive optical communication connection components. 11. Far East Shares: A subsidiary plans to acquire an 80% stake in Fude Want Want for RMB 216 million. The target company mainly produces liquid cooling heat dissipation core components and other products.