Netflix (NFLX.O) is undertaking a restructuring expected to affect about 5% of its workforce; the company could announce the move as early as next week.

The U.S. announced sanctions on the International Criminal Court (ICC) and subsequently issued a general license authorizing certain transactions with the ICC.

Key News 1. The Securities Association of China (SAC) plans to issue a code of conduct for sponsors to refine regulations on illegal shareholding. 2. The China Academy of Information and Communications Technology (CAICT) Planning Institute released the "Research Report on the Development of Intelligent Computing Infrastructure for Token Services (2026)". Individual Stock News 1. Data on main capital flows shows that CATL (Contemporary Amperex Technology Co., Limited) saw the largest net inflow of main capital at 2.552 billion yuan, followed by Tinci Materials, Zijin Mining, Dongyue Silicon Materials, and Jinjian Rice Industry. New Easun saw the largest net outflow of main capital at 844 million yuan, followed by Fenghua Advanced Technology, Shenghong Technology, Lens Technology, and Shannon Semiconductor. 2. BYD: Demand for flash-charging vehicles is currently strong; the company's primary goal is to accelerate the ramp-up of its second-generation blade battery production capacity. 3. Guangzhi Technology: Domestic customers include leading optical chip companies; a 6-inch indium phosphide substrate order has been secured from a leading global customer. 4. Demingli: Overseas business expansion is expected to become a new growth point for the company's enterprise-level storage business. 5. Lead Intelligent Equipment: Has secured orders for production line equipment from relevant AIDC energy storage customers. 6. Zhenjiang Shares: Has a sufficient overseas order backlog, and projects in Europe are progressing according to plan in terms of production scheduling and delivery. 7. Yabang Shares: Continues to investigate and dispose of idle and inefficient assets. 8. Bloomage Biotechnology: Some new products have entered the commercialization stage and have begun to contribute revenue. 9. Xinxiang Chemical Fiber: The company's state-owned construction land use rights are planned to be revoked, and some production lines will be shut down. 10. Jiulian Technology: IoT module shipments maintain steady growth, and many products have completed open-source HarmonyOS certification.