GuShiio.com ① Premier Li Qiang of the State Council delivered a government work report today ② ② The Ministry of Commerce, the General Administration of Customs, etc. have introduced countermeasures against the United States ③ The Nasdaq China Golden Dragon Index rose 1.95%④ Hangzhou: Launched Alibaba Group’s cloud and AI investment plan Local supporting suppliers Survey ③ Kweichow Moutai: It has spent 1.2 billion yuan to repurchase 822,200 shares.
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macro news
1. The Third Session of the 14th National People’s Congress will open in Beijing at 9 a.m. today. Premier Li Qiang of the State Council will deliver a government work report. The State Council Information Office will hold a briefing at 11:30 a.m. today. Shen Danyang, head of the drafting group of the “Government Work Report” and director of the Research Office of the State Council, and Chen Changsheng, member of the drafting group of the “Government Work Report” and deputy director of the Research Office of the State Council, will be invited to interpret the “Government Work Report” and answer questions from reporters.
2. The Third Session of the 14th National People’s Congress held a press conference in the Great Hall of the People yesterday. Conference spokesman Lou Qinqin said that through the rise of companies such as DeepSeek, we can see the innovation and inclusiveness of China in scientific and technological development. Lou Qinqin said that the Private Economy Promotion Law should be promulgated as soon as possible. Lou Qinqin also said that the essence of Sino-US economic and trade relations is mutual benefit and win-win results. The unilateral imposition of tariffs by the United States violates WTO rules and interferes with the security and stability of global industrial and supply chains.
3. The State Council Information Office released the white paper “Control of Fentanyl Substances in China” on the 4th. The white paper pointed out that in recent years, China has attached great importance to the control of fentanyl substances, prepared for rainy days, made overall plans, comprehensively implemented policies and systematically managed, strictly supervised fentanyl drugs, strictly prevented the abuse of fentanyl substances, and severely cracked down on smuggling, Manufacturing and trafficking of fentanyl substances and their precursor chemicals have been illegal and criminal activities, and remarkable results have been achieved.
4. The Tariff Commission of the State Council issued an announcement on the 4th. With the approval of the State Council, additional tariffs will be imposed on some imported goods originating in the United States starting from March 10, 2025. Among them, a 15% tariff will be imposed on chicken, wheat, corn, and cotton. A 10% tariff will be imposed on sorghum, soybeans, pork, beef, aquatic products, fruits, vegetables, and dairy products.
5. The Ministry of Commerce announced that it decided to include 15 U.S. entities including Lydos Company on the export control list. On the same day, the Ministry of Commerce announced that the working mechanism for the list of unreliable entities decided to include Inmena in the list of unreliable entities on February 4, 2025. It is now decided to take measures against the company to prohibit it from exporting gene sequencers to China.
6. The General Administration of Customs announced that recently, China customs has detected quarantine forest pests such as beetles and longicorn beetles in imported American logs. In order to prevent the introduction of harmful organisms and protect my country’s agricultural and forestry production and ecological security, it was decided to suspend the import of U.S. logs from the date of issuance of this announcement. On the same day, the General Administration of Customs announced that recently, China customs had detected ergot and seed coating soybeans in imported U.S. soybeans. The General Administration of Customs has decided to suspend the soybean export qualifications of three U.S. companies, including CHSInc., to China starting from the date of issuance of this announcement.
7. Foreign Ministry Spokesperson Lin Jian held a regular press conference on March 4. The reporter asked that the United States has imposed a 10% tariff on China, covering most China’s exports to the United States. Lin Jian said that if the United States has other plans and insists on fighting a tariff war, trade war or some other war, China will accompany it to the end. We advise the United States to put aside its bullying face and return to the right track of dialogue and cooperation as soon as possible.
industry news
1. At the press conference held by the Beijing City Government Information Office on March 4, the Beijing Economic and Technological Development Zone (Beijing Yizhuang) announced that the Beijing Yizhuang Half Marathon will be held on April 13, and the world’s first humanoid robot Half Marathon will be held simultaneously.
2. It is reported that according to the requirements of the “Notice on Mapping Local Supporting Suppliers for Alibaba Group’s Cloud and AI Investment Plan” by Hangzhou City Economic and Information Technology Bureau, Yuhang District of Hangzhou City is now identifying local supporting suppliers and core products that intend to participate in Alibaba Group’s major cloud and AI investment plan. The scope of the survey is software and hardware product providers registered in Yuhang District and interested in participating in Alibaba Group’s cloud and AI ecosystem construction.
3. A scientific research team in Wuhan, Hubei Province has been studying lotus roots for ten years and has truly achieved the goal of “reshaping the flesh with lotus roots”: extracting lotus root fiber and making customized materials through 3D printing can effectively promote the proliferation of bone cells.
4. The “Interim Measures of the Zhengzhou Airport Economic Comprehensive Experimental Zone on Supporting the High-Quality Development of Low-altitude Economic Industries (Draft for Comments)” was released. The “Draft for Comments” mentioned that low-altitude economic enterprises are encouraged to settle down, attract and gather a group of leading enterprises in the research and development of drones, and reward no more than 20 million yuan based on 5% of the paid-in registered capital.
5. The General Office of the People’s Government of Zhejiang Province recently issued the “Several Measures of Zhejiang Province to Promote Dual Control of Carbon Emissions”, which proposed that by the end of 2025, 6 million kilowatts of new wind and photovoltaic installed capacity and 1 million kilowatts of nuclear power installed capacity will be added, accounting for about 24% of non-fossil energy consumption; by the end of 2030, the province’s wind and photovoltaic capacity will reach 80 million kilowatts and 18 million kilowatts respectively.
6. The data on new A-share accounts in February 2025 showed explosive growth. Compared with previous data, its growth trend was particularly significant. From a monthly comparison, the total number of new A-share accounts opened in January 2025 was only 1.569,985 million, and the 2.84 million in February nearly doubled. Combined with the full-year account opening data for 2024, only October (6.84 million) has the number of new accounts opened higher than February 2025.
On the 7th and 4th, we learned from the Shenzhen Institute of Advanced Technology of China Academy of Sciences that researchers from the Shenzhen Institute of Advanced Technology and the Shanghai Institute of Nutrition and Health of China Academy of Sciences used synthetic bacteria to conduct tumor treatment research, revealing the key principles that this synthetic bacteria can inhibit tumor growth and providing a new method for further “modifying” bacteria and treating malignant solid tumors.
1. Orient Group announced that the company has a major risk of forced delisting in violation of laws and regulations.
2. Youyan Silicon announced that it plans to acquire approximately 60% equity of HF (Beijing) Technology Co., Ltd., and this transaction is expected to constitute a major asset reorganization.
3. Kweichow Moutai announced that it had spent 1.2 billion yuan to repurchase 822,200 shares.
4. ST Haoyuan announced that it has applied to revoke other risk warnings for the company’s stock.
5. Chunhui Intelligent Control announced that it plans to purchase control of Zhejiang Chunhui Instrument Co., Ltd. and its shares will be suspended.
6. Huarong announced that the application of the company’s robot products in the Angong intelligent business is still in its infancy.
7. Debon Technology stated on the interactive platform that its holding subsidiary provided Yushu Technology with a thermal interface material.
8. Hainan Huantie announced that its subsidiary signed a five-year computing power service agreement of 3.69 billion yuan with Hangzhou X Company.
9. Guanghong Technology announced that it plans to acquire 100% equity of AC Company and 0.003% equity of TIS Company for 733 million yuan.
10. When Yibo Technology accepted an institutional survey, it said that its customers in terms of robots include Yushu Technology, Ubisi, etc.
11. Jiabiyou announced that it plans to purchase a 63.2134% stake in Ouyi Biotech at a transaction price of 831 million yuan.
global market
1. The three major U.S. stock indexes collectively closed down. The Dow fell 1.55%, the Nasdaq fell 0.35%, and the S & P 500 Index fell 1.22%. Most large technology stocks fell, with Tesla falling more than 4%. Most popular Chinese stocks closed higher, with the Nasdaq China Golden Dragon Index rising 1.95%.
2. The settlement price of WTI crude oil futures fell 0.16% to US$68.26/barrel; the settlement price of Brent crude oil futures fell 0.81% to US$71.04/barrel.
3. COMEX gold futures closed up 0.93% at US$2,928.2 per ounce;COMEX silver futures closed up 0.8% at US$32.57 per ounce.
Investment opportunity reference
1. The AI wave brought by ChatGPT and DeepSeek is expected to accelerate the development of RISC-V
Recently, the 2025 XuanTie RISC-V Ecological Conference was held in Beijing. Ni Guangnan, academician of China Academy of Engineering, pointed out at the meeting that the open source model will help RISC-V build a global ecosystem of inclusive and collaborative innovation and become a new engine for transformation in the chip industry.
RISC-V is a new open source instruction set architecture based on the principle of reduced instruction set. As a chip instruction set architecture that is “born open source”, RISC-V has developed strongly in the past 15 years, accelerating from embedded systems to high-performance and other complex scenarios, and providing new options for AI computing power. Everbright Securities Liu Kaiyan pointed out that ChatGPT has opened a new wave of AI development, and AIoT has a broad application scenario, which is expected to accelerate the development of RISC-V. In addition, the reduction in computing power costs brought by DeepSeek has the opportunity to allow all chips to adapt to large models.
2. One of the important directions for new industrial tracks in the future, this type of technology has moved from the laboratory to the market.
Jia Fumin’s team from the Institute of Brain Intelligence Science and Technology of Fudan University successfully performed the world’s first batch of 4 clinical proof-of-concept surgeries for simultaneous implantation of “three-in-one” brain-spinal interface electrodes at Zhongshan Hospital and Huashan Hospital affiliated to Fudan University. Patients with paraplegia resumed leg movement within 24 hours after surgery and attempted walking within 10 days at most, which initially proved the feasibility of the new generation of brain-spinal interface solutions. The “three-in-one” cranium implantable brain-spinal interface micro device is expected to enter clinical practice soon.
Brain-computer interface technology is a technology that directly establishes communication between the brain and external devices. It allows users to control external devices through their thoughts without traditional muscle control. In recent years, with the continuous advancement of technology, brain-computer interface technology has moved from the laboratory to the market, and its application fields have continued to expand. As a representative area of new quality productivity and one of the important directions for the new industrial track in the future, it is accelerating the formation of breakthroughs. Scientific research results and innovative applications have shown broad development prospects and huge market potential in the fields of medical care, industrial security, education and sports, and smart life.
3. China Academy of Information and Technology will hold a special seminar on promoting the AI glasses industry next week
According to media reports, China Academy of Information and Communication plans to hold a “Symposium on Promoting the AI Eyewear Industry” at the Institute of Computer Innovation and Technology of Zhejiang University on March 12. It is understood that this seminar is mainly to promote the healthy development of the AI glasses industry and strengthen exchanges and cooperation between upstream and downstream enterprises in the industrial chain. At the meeting, people from all walks of life will jointly discuss key issues such as industrial development trends, core technology breakthroughs, and standard certification system construction.
The organization expects that AI glasses shipments will reach 3.5 million pairs in 2025, a year-on-year increase of 130%. AI glasses sales will grow rapidly to 90 million pairs in 2030, and AI glasses are about to usher in the “iPhone moment.” Guotai Junan released a research report saying that the smart glasses industry chain is expected to enter a period of rapid growth, and companies related to the industry chain will welcome the upward cycle of the boom.
4. Strategic small metals with strong resource scarcity, and the tight global supply and demand pattern continues
Recently, the price of antimony products has risen sharply, and the intra-market increase has accelerated significantly. According to business agency data, the price of antimony ingots in the Hunan market on March 3 was 162500 yuan/ton, up nearly 12.6% from 142000 yuan/ton in early February.
Antimony is a strategic small metal with strong resource scarcity. It is called “industrial monosodium glutamate” and is widely used in industrial and military fields such as flame retardants, batteries and lead alloys, glass, ceramics, chemicals, catalysts, etc. CICC Research pointed out that in the long run, the tight global antimony supply and demand pattern will continue, and the antimony price center is expected to move upwards. Benefiting from the continued growth of new photovoltaic installed capacity and the improvement in the penetration rate of double glass modules, the amount of antimony used in photovoltaic glass is expected to continue to grow. The implementation of the old-for-new policy is expected to drive the growth of demand for electrical equipment, etc., thus driving the use of antimony in the field of flame retardants. Increase in amount. Against the background of rigid global antimony ore supply, it is estimated that the antimony supply and demand gap from 2024 to 2027 will be-0.9,-1.3,-1.1, and-14,000 tons respectively, accounting for-6%,-8%,-6% and-9% of demand. Supply and demand may continue to be tight, and the antimony price center is expected to move up.
