The Eurozone’s preliminary manufacturing PMI for January was 46.1, expected to be 45.3 and the previous value was 45.1.

Important news 1. Trump: China-US relations are very good. 2. The Shanghai and Shenzhen stock markets plan to conduct system connectivity tests on February 4 to ensure trading operations after the holiday. 3. The Ministry of Commerce responded to the possible US tariffs on China: Tariff measures are not conducive to both China and the United States, nor to the entire world. 4. The Ministry of Commerce: In 2025, it will promote the expansion of open pilot projects in the fields of telecommunications, medical care, education, etc. 5. The Low-altitude Economic Development Department of the National Development and Reform Commission conveyed the deployment requirements for strengthening safety supervision. Individual stock news 1. The heavy holdings of public offerings in the fourth quarter report last year were released: Cambrian, Hengrui Medicine, and North China New Energy entered the top ten. 2. China Shenhua: Net profit is expected to be 57 billion to 60 billion yuan in 2024, a year-on-year decrease of 4.5% to an increase of 0.5%. 3. Tianqi Lithium: Net loss is expected to be 7.1 billion to 8.2 billion yuan in 2024, and profit was 7.297 billion yuan in the same period last year. 4. *ST Jinke: Net loss is expected to be 20.5 billion to 28.5 billion yuan in 2024. 5. JA Solar: Net loss is expected to be 4.5 billion to 5.2 billion yuan in 2024. 6. Chenming Paper: Net loss is expected to be 6.5 billion to 7.5 billion yuan in 2024. 7. Shede Wine: Net profit is expected to drop by 76% to 82% year-on-year in 2024. 8. Jiugui Liquor: Net profit is expected to drop by 97.26% to 98.17% year-on-year in 2024. 9. Huiyuan Communications: Some media classified the company's stocks as "CPO concept stocks", which is an inaccurate classification. 10. Allwinner Technology: Non-GAAP net profit is expected to increase by 1456% to 1951% year-on-year in 2024.

Cisco: It is expected that the net profit attributable to the owners of the parent company in 2024 will be between -19.25 million yuan and -28.25 million yuan, and the net profit attributable to the owners of the parent company after deducting non-recurring gains and losses will be between -22.95 million yuan and -31.95 million yuan.