GuShiio.com ① Do China made ships charge for entering U.S. ports? The Ministry of Commerce responded ② The Ministry of National Defense warned the DPP authorities: Sooner or later, they will come to collect you. ③ The Nasdaq index fell 2.78%④ National Energy Administration: The photovoltaic involution competition has not yet been fundamentally resolved, and is cooperating with relevant departments to study and improve policies and measures ② Xiaomi SU7 Ultra is priced at 529,900 yuan.
macro news
1. Yesterday, the Ministry of Commerce held a regular press conference. A reporter asked that the Office of the U.S. Trade Representative proposed charging for China made ships entering U.S. ports. He Yadong, spokesman for the Ministry of Commerce, said that China urges the United States to respect facts and multilateral rules and not make another mistake. China will pay close attention to the United States ‘movements and take all necessary measures to resolutely defend its rights and interests.
2. The Ministry of Commerce held a regular press conference on February 27. Asked by reporters, the United States announced on Tuesday that it would launch an investigation into U.S. copper imports, a move that may lead to new tariffs. As part of the decision, a White House official said China was using state subsidies and excess capacity to undermine competition and control global copper production. He Yadong, spokesman of the Ministry of Commerce, responded that the accusation that China uses subsidies and excess capacity to undermine competition is completely untenable. China urges the United States to withdraw the investigation as soon as possible. If the United States finally insists on adopting restrictive measures such as imposing additional tariffs, China will resolutely take necessary measures to safeguard its legitimate rights and interests.
3. Minister of Commerce Wang Wentao sent a letter to the new U.S. Trade Representative Greer on February 27. Wang Wentao emphasized that the U.S. has recently imposed a 10% tariff on China’s exports to the United States on the grounds of issues such as fentanyl. China expresses firm opposition to this and has taken corresponding countermeasures, which is a necessary move to safeguard China’s own legitimate rights and interests.
4. The Ministry of National Defense held a regular press conference on the afternoon of the 27th. The reporter asked that it was reported that the actual exercise time of the Taiwan military’s “Han Kuang 41” exercise will be greatly increased, and at the instigation of the United States, the mobilization of reserve forces will be expanded to 3000 people. Senior Colonel Wu Qian, Director of the Information Bureau of the Ministry of National Defense and Spokesperson of the Ministry of National Defense, is telling the DPP authorities that a mantis trying to stop a chariot can only lead to self-destruction, and sooner or later they will come to capture you.
industry news
1. The Hong Kong Securities and Futures Commission issued a document stating that in order to facilitate market participants to hedge risks, the relevant proposal will increase the existing position limits of futures and options contracts of the Hang Seng Index, Hang Seng China Enterprises Index and Hang Seng Technology Index by 50%, 108% and 43% respectively to 15000, 25000 and 30000 positions that hedge the risk of price changes of designated assets.
2. The General Office of the State Financial Supervision and Administration and the General Office of the People’s Bank of China issued the “Implementation Plan for the High-Quality Development of Green Finance in the Banking and Insurance Industry.” It mentioned supporting the low-carbon transformation of the energy system. Bank insurance institutions should focus on the production, construction and operation, as well as the renewal, upgrading and transformation of new energy industries such as solar photovoltaics, wind power, hydropower, pumped storage, ultra-high voltage, nuclear energy, energy storage, smart grids, and microgrids, and do a good job in project docking and Credit support. Explore and improve financial services for the entire industry chain of new energy vehicles and increase financial support for charging infrastructure.
3. The Xiaomi 15 Ultra and Xiaomi SU7 Ultra millet new product launch conference was held yesterday. At the press conference, the Xiaomi 15Ultra was officially released, starting at 6499 yuan, and officially going on sale at 10 a.m. on March 3. Xiaomi SU7 Ultra was released with a price of 529,900 yuan, which is significantly lower than the pre-sale price of 814,900 yuan disclosed by Xiaomi last year.
4. According to market news, Apple plans to determine the final supply chain of the folding screen iPhone by April this year, and expects to start mass production of related components in the second half of this year. The phone is expected to be released in the second half of 2026.
5. Two batches of 14 Science and Technology Innovation Composite Index ETFs have all been issued. The latest news from the channel shows that the 14 Science and Technology Innovation Composite Index ETFs have raised a total of more than 20 billion yuan. Free cash flow index-related products have been expanded again, and the number of free cash flow related products has reached 11.
6. The “Photovoltaic Industry Development Review in 2024 and Situation Outlook Seminar in 2025” sponsored by China Photovoltaic Industry Association was held in Beijing on February 27. Xing Yiteng, director of the New Energy Division of the New Energy and Renewable Energy Department of the National Energy Administration, pointed out at the meeting that the convoluted competition in the photovoltaic manufacturing industry has not yet been fundamentally resolved. The National Energy Administration is cooperating with the National Development and Reform Commission, the Ministry of Industry and Information Technology and other departments to study and formulate and improve policy measures.
7. Yesterday, Kimi’s latest model k1.6 was exposed. According to LiveCodeBench, the world-renowned dynamic benchmark platform, Kimi k1.6 exceeds GPT o3-mini, o1 and other models. Flood, a researcher on the Dark Side of the Moon, said on social platforms that k1.6 is a training based on k1.5 and its performance is still improving.
8. I learned from a Nvidia agent that sales of Nvidia’s GPU chips were indeed boosted by DeepSeek’s high exposure, while graphics card prices have “soared all the way.” At the Q4 performance meeting, Huang Renxun also said that whether it is from the short-term, medium-term or long-term signals,”we are quite confident” that the future development direction of software will be based on machine learning and artificial intelligence.
9. The latest data released by the Ministry of Agriculture, Forestry and Fisheries of Japan shows that retail prices of rice in Japanese supermarkets have risen for seven consecutive weeks. Data shows that in the week ending February 16, the average retail price of rice in Japanese supermarkets has risen to 3892 yen (about RMB 190) per 5 kilograms, a year-on-year increase of more than 90%.
company news
1. Information from the Hong Kong Stock Exchange shows that BlackRock’s shareholding in Alibaba increased from 4.93% to 5.01% on February 24.
2. Zhichun Technology announced that it plans to purchase equity in Guizhou Witton Crystal Phosphorus Electronic Materials Co., Ltd. and resume trading of shares.
3. Delisting Zhuolang announced that the company’s shares were terminated.
4. Rongchang Biotech announced that it will lose 1.468 billion yuan in 2024.
5. The Cambrian released a performance report, with a net loss of 443 million yuan in 2024.
6. China Micro Semiconductor released a performance report, with a net profit of 135 million yuan in 2024, achieving a turnaround into profit.
7. Yuncong Technology released a performance report, with a net loss of 637 million yuan in 2024.
8. Huapei Power announced that its wholly-owned robot subsidiary has not yet been established, and related businesses are still in the research and development stage.
9. Wanma announced that the company’s robot cable products are gradually being used in humanoid robots and robot dog products.
10. Ziguang announced that the company is conducting research and demonstration on equity financing in the Hong Kong capital market.
11. Baiwei Storage announced that its net profit in 2024 will be 176 million yuan, turning losses into profits.
12. Andisu announced that net profit in 2024 will increase by 2209% year-on-year, with a planned 1.2 yuan for 10 groups.
13. Junshi Biotech released a performance report, with a net loss of 1.282 billion yuan in 2024.
14. Quanzhi Technology announced that net profit in 2024 will increase by 625.82% year-on-year.
15. Yuntian Lifei released a performance report, with a net loss of 573 million yuan in 2024.
16. Kaiwang Technology stated on the interactive platform that it will cooperate with Yushu Technology to supply cables and connection components.
global market
1. The three major U.S. stock indexes collectively closed down. The Dow fell 0.45%, the Nasdaq fell 2.78%, the S & P 500 Index fell 1.58%, and large technology stocks fell generally. NVIDIA fell more than 8%, and its market value fell below US$3 trillion. Most popular Chinese stocks fell, with the Nasdaq China Golden Dragon Index closing down 0.93%.
2. COMEX gold futures closed down 1.46% at US$2,887.8 per ounce;COMEX silver futures closed down 2.19% at US$31.86 per ounce.
3. The settlement price of WTI crude oil futures rose 2.52% to US$70.35/barrel; the settlement price of Brent crude oil futures rose 2.08% to US$74.04/barrel.
Investment opportunity reference
1. Nine major scenarios will be announced soon, and the 10,000 robot application plan will be launched in Yizhuang, Beijing
The innovative release of the Wantai Robot Application Plan will be held on February 28 in Yizhuang, Beijing. Driven by the need to release nine application scenarios of robots, we will promote the industrial layout of robot technology in Yizhuang, Beijing, and use scene-driven robot technology to empower “thousands of industries.” At that time, the humanoid robot “Tiangong” was the first to appear and released a list of opportunities for nine benchmark scenarios for robots. The release of requirements for nine application scenarios will further attract more robot companies to come to Yizhuang, Beijing to carry out data collection, real-life training and large-scale applications. Up to now, as an important robot industry cluster in Beijing City, Beijing Yizhuang has more than 140 robot ecological enterprises, with an output value of nearly 10 billion yuan, accounting for about 50% of the city, forming a robot covering core components, complete machines and applications. The entire industrial chain system.
From the perspective of the pace of mass production of humanoid robots, 2025 will be a breakthrough year. Mass production at the level of 10,000 units will drive the downstream industrial chain into a definite stage of volume increase. According to estimates by China Academy of Information and Technology, from 2028 to 2035, humanoid robots will enter the LV2 level as a whole, mainly for special scene applications, and industrial scenarios will gradually be implemented. The market size of the complete machine will reach approximately 5 to 50 billion yuan. After 2045, the overall humanoid robots will enter the Lv5 level, with more than 100 million humanoid robots in use, entering various industry fields, and the market size of the complete machine will reach the level of about 10 trillion yuan.
2. The sales volume of OPPO’s latest folding machine on the first day of sale broke the industry-wide record in two years
According to media reports, OPPO Find N5 has officially been on sale. It has broken the sales record for the first day of big folding for all brands in the industry in two years on multiple platforms including Jingdong, Tmall, and Douyin. Sales and sales have surpassed Huawei Mate X6.
The share of folding screen mobile phones in the high-end mobile phone market continues to increase and have entered a stage of rapid penetration. According to DSCC forecasts, 2026 is expected to be the best year in the history of folding screen mobile phones, with growth likely to exceed 30%, and growth in 2027 and 2028 will also Or will exceed 20%. Minsheng Securities released a research report that the market share of ultra-high-end folding screen mobile phones is mainly occupied by Huawei and Samsung. If Apple launches folding screen mobile phones in the later period, it is expected to help increase its high-end market share. It is recommended to pay attention to opportunities in the folding screen industry chain.
3. AI technology has “blossomed at multiple points” in this industry, and “cost reduction and efficiency improvement” has been successfully achieved in relevant sub-fields.
According to reports, the reporter interviewed a number of pharmaceutical companies and learned that AI technology has successfully achieved “cost reduction and efficiency improvement” in the early research and development stage of innovative drugs. The application value is reflected in shortening the research and development cycle, saving costs, and improving the probability of trial success.
China Post Securities pointed out that the global market size of artificial intelligence solutions in the “AI+ medical” industry is expected to increase from US$13.7 billion in 2022 to US$155.3 billion in 2030, with a CAGR of 35.5%. There are explosive growth opportunities in the industry. In terms of policy, domestic macro policies are favorable for AI pharmaceuticals, and the approval of three types of medical AI certificates is accelerating. “AI+ medical” has significant advantages over traditional medicine research and development. By building a moat in the closed-loop algorithm + data + clinical scenarios, the “AI+ medical” segment enjoys a valuation premium. “AI+ medical” is expected to be used in drug research and development, cancer diagnosis, medical imaging, surgical robots and other fields, and the industry may usher in tremendous changes.
4. Sales of such AI products are booming on major e-commerce platforms, or they may become one of the fastest growing segments in the consumer electronics field.
Industry media reported that at a time when AI models and generative technologies are exploding, the toy industry is experiencing a silent revolution. AI toys are no longer simple entertainment tools, but have become intelligent interactive portals in family scenes. According to Grand View Research, the global AI toy market will be approximately US$8.7 billion in 2023 and is expected to exceed US$32 billion in 2030 (compound annual growth rate of 19.2%), becoming one of the fastest growing segments in the consumer electronics sector.
After the Spring Festival this year, the toy market is quietly setting off a trend of intelligence, and AI toys continue to emerge. AI toys connected to the DeepSeek model have injected an unprecedented interactive experience into the toy industry. Industry insiders pointed out that AI toys can not only understand children’s words, but also intelligently learn and adapt based on reactions, thereby providing personalized interactive services. Compared with traditional toys, sales of AI toys on major e-commerce platforms are booming. Data from a certain platform shows that in January this year, AI technology led to a six-fold month-on-month increase in product sales.
