GuShiio.com ① Pan Gongsheng, Governor of the Central Bank: He will work with the China Securities Regulatory Commission and other departments to launch an innovative technology board in the bond market ② Wu Qing: DeepSeek’s emergence has led to the recent revaluation of the value of China’s assets to some extent. ③ Large U.S. stocks have generally fallen. ④ The National Venture Capital Guidance Fund will attract and drive local and social capital to nearly 1 trillion yuan. ③ Dongfang Group: There are major risks of forced delisting in violation of laws and the risk of not meeting the conditions for reorganization.
macro news
1. On the afternoon of the 6th, Xi Jinping, General Secretary of the CPC Central Committee, President of the State, and Chairman of the Central Military Commission, visited members of the Democratic League, Democratic Progressive Party, and Education circles who attended the Third Session of the 14th National Committee of the Chinese People’s Political Consultative Conference, and participated in the joint group meeting to listen to opinions and suggestions. He emphasized that in the new era and new journey, we must deeply grasp the needs of China’s modernization for education, science and technology, and talents, strengthen the supporting role of education in science and technology and talents, and further form a vivid situation in which talents emerge in large numbers, make full use of their talents, and make full use of their talents.
2. At 3 pm on the 6th, the Third Session of the 14th National People’s Congress held a press conference on economic themes in the press conference hall of the Media Center. Pan Gongsheng, governor of the People’s Bank of China, said that this year, based on the domestic and international economic and financial situation and the operation of financial markets, we will choose an opportunity to reduce interest rates; we will work with the China Securities Regulatory Commission and other departments to launch innovative technology boards for the bond market; strengthen expected guidance and resolutely prevent exchange rate overruns Adjust risks and maintain the basic stability of the RMB exchange rate at a reasonable and balanced level; further expand the scale of reloans from the current 500 billion yuan to 800 billion yuan to 1 trillion yuan.
3. Zheng Zhajie, Director of the National Development and Reform Commission, said at the economic theme press conference of the Third Session of the 14th National People’s Congress that a national venture capital guidance fund will be established, which will focus on artificial intelligence, quantum technology, future energy, biomedicine and other cutting-edge fields. Zheng Zhajie also said that more and more products are equipped with “China Core”, and suppression and blockade will only make China speed up its pace.
4. Minister of Finance Lan Fo ‘an said at the economic theme press conference of the Third Session of the 14th National People’s Congress that a more proactive fiscal policy can be understood as “continuous efforts and more powerful”; the central government has reserved sufficient reserve tools and policy space; Taking curbing illegal and illegal borrowing as the focus of fiscal supervision, and taking not adding new hidden debts as an iron discipline, and resolutely preventing the destruction of old accounts and the addition of new ones.
5. Wu Qing, Chairman of the China Securities Regulatory Commission, said at the economic-themed press conference at the Third Session of the 14th National People’s Congress that the economic-themed press conference is about to become a science and technology theme. DeepSeek’s stand out has led to the recent revaluation of the value of China assets to some extent; medium and long-term funds are the “stabilizer” and “ballast stone” for the healthy operation of the capital market, and the mayor’s money is obviously more; Some serious violations of laws and regulations, such as financial fraud, fraudulent issuance, market manipulation, and internal transactions, that investors hate, must be promptly investigated and severely punished in accordance with the law.
6. Minister of Commerce Wang Wentao said at the economic theme press conference of the Third Session of the 14th National People’s Congress that in 2025, we must combine expanding consumption with benefiting people’s livelihood, coordinate commodity consumption and service consumption, and launch more pragmatic and effective measures. Wang Wentao also responded to issues such as the US tariff increase. Wang Wentao said that the U.S.’s imposition of tariffs on China is a typical act of harming others but not benefiting others. After the tariff policy came out, the three major U.S. stock indexes fell accordingly. The main trading partners, the West is not bright, the East is bright, and the North is bright, and the South is bright, which reflects the strong resilience of China’s foreign trade.
industry news
1. The National Venture Capital Guidance Fund mainly guides financial capital to invest early, small, long-term, and hard technology. Focus on cutting-edge fields such as artificial intelligence, quantum technology, and hydrogen energy storage, invest in seed-stage and start-stage enterprises through market-oriented methods, give appropriate consideration to early, medium and micro enterprises, support original and disruptive technological innovation and key core technology research, and cultivate Develop strategic emerging industries and future industries. The National Venture Capital Guidance Fund will attract and drive nearly 1 trillion yuan in local and social capital.
2. The Ministry of Housing and Urban-Rural Development and the State Administration for Market Regulation held a video training conference on promoting the renovation and renovation of old residential elevators in Beijing on March 5. The meeting emphasized that it is necessary to do a solid job in applying for and organizing the implementation of ultra-long-term special treasury bonds funds to support the renewal of old residential elevators in 2025, scientifically formulate annual goals and tasks, and coordinate the use of ultra-long-term special treasury bonds funds, special residential maintenance funds, and residents ‘independent investment.
3. Wei Zhejia, CEO of TSMC, said that the production capacity is full this year, it will be full next year, and it will be ordered the year after, and customer demand is very large.
4. According to Tencent Hunyuan, Tencent Hunyuan released a graphic video model and opened it to the public. At the same time, it launched lip-synching and action-driven gameplay, and supported the generation of background sound effects and 2K high-quality videos.
5. American vaccine manufacturer Moderna said at an investor conference on March 5 local time that the company is expected to launch its first tumor vaccine in 2027. Unlike preventing disease after ordinary vaccination, the tumor vaccine being developed by companies such as Moderna is a therapeutic vaccine. As a cancer treatment, it encourages the immune system to destroy cancer cells, thereby preventing tumor recurrence.
6. According to the “Shanghai Business” Weixin Official Accounts, on the basis of the continued implementation of the home appliance subsidy policy that has been announced by brands and enterprises in 2024, a number of new categories, brands and enterprises will be added. Among them, tablets (including learning machines) add “new subsidies for mobile phones, tablets, and watches purchase”; home appliances such as smart headphones, clothing care machines, floor washers, dehumidifiers, and hair dryers and smart home appliances such as routers (compliant with the IPv6 protocol), add “home appliances and home decoration consumption subsidies”.
company news
1. Wuhan Holdings announced that it plans to purchase 100% equity of Wuhan Municipal Council and resume trading of its shares.
2. Jingdong Group’s annual revenue in 2024 will be RMB 1,158.8 billion. Revenue in the fourth quarter was RMB 347 billion, a year-on-year increase of 13.4%.
3. Fengfan announced that the company has no credit problem with overdue substantive bills.
4. Ningbo Huaxiang announced that the company is still in the early stage of exploration in the field of humanoid robots.
5. Crystal Optoelectronics announced that it plans to acquire a 95.6% stake in ECS for 323.5 million yuan in cash.
6. Junzheng Group announced that it has signed a strategic cooperation framework agreement for wind and solar hydrogen production and green energy integrated projects, with an estimated total investment of approximately 19.36 billion yuan.
7. Wanma announced that existing humanoid robots and robot dog cable orders account for a relatively small proportion.
8. Orient Group announced that there is a major risk of forced delisting in violation of laws and the risk of not meeting the conditions for reorganization.
9. Aofei Data announced that it will increase the investment amount of Langfang Gu’an Data Center project to no more than 4.8 billion yuan.
global market
1. The three major U.S. stock indexes collectively closed down. The Dow fell 0.99%, the Nasdaq fell 2.61%, and the S & P 500 Index fell 1.78%. Large technology stocks fell generally. Broadcom fell more than 6%. Tesla and Nvidia fell more than 5%. Popular Chinese stocks were mixed, with the Nasdaq China Golden Dragon Index down 0.77%.
2. The settlement price of WTI crude oil futures rose 0.07% to US$66.36/barrel. Brent crude oil futures settled up 0.23% to US$69.46/barrel.
3. COMEX gold futures closed down 0.21% at US$2,919.8 per ounce;COMEX silver futures closed up 0.23% at US$33.21 per ounce.
Investment opportunity reference
1. The world’s first haptic simulation tool and multimodal high-precision haptic sensor released
According to media reports, the tactile sensing solution independently developed by the multimodal tactile sensing company Qianjue Robot has been applied to the intelligent robot with a embodied intelligent head-Xense_Sim, the world’s first tactile simulation tool pioneered by Qianjue, and the multimodal high-precision tactile sensor G1-WS helps intelligent robots complete their data collection modes and builds a data foundation for humanoid robots to be used in complex scenarios such as precision assembly, industrial intelligent manufacturing and intelligent services.
Electronic skin is the key for bionic robots to realize sensory interaction. Electronic skin is an advanced bionic flexible tactile sensor that can characterize the properties (surface topography, mass, etc.) of the measured object or numerical contact parameters (force, temperature, etc.) through contact. According to GGII forecast, the global demand for flexible tactile sensors/electronic skins in the humanoid robot field will reach 1.525 million square meters in 2030, and the market size will reach 27.4 billion yuan. Guohai Securities said that humanoid robots are expected to enter the first year of mass production under the promotion of leading companies in the industry such as Tesla. Electronic skin (flexible tactile sensor) is the key to realizing sensory interaction for bionic robots, and the market scale is expected to continue to increase rapidly.
2. In order to meet the rapidly growing demand for AI, major manufacturers are looking for suppliers
According to the ByteDance Procurement Department, in order to meet the rapidly growing demand for AI data annotation, Douyin Group’s content quality and data service platform plans to find annotation suppliers, especially suppliers with rich vertical resources (such as medical, legal, education, etc.).
AI data annotation is the process of filtering, cleaning, classifying, annotating and labeling raw data, such as pictures, voices, text, videos, etc., aiming to transform unstructured data into structured data for machine learning and artificial intelligence. Models can be understood and learned. Data is like the fuel for AI development and the cornerstone for the advancement of AI technology. A large amount of high-quality annotated data can improve the accuracy, generalization and performance of AI models. Shanxi Securities pointed out that with the introduction of the first national-level systematic planning document, the data annotation industry is expected to usher in rapid development and will significantly improve the quality of data supply, thereby solving the problem of high-quality data shortage that restricts the development of the domestic artificial intelligence industry, and paying attention to Manufacturers with technical advantages and experience in scenario implementation in the field of data annotation.
3. The sales of Yushu Technology’s humanoid robots have exceeded 1,000 units
According to reports, the annual Mobile World Conference (MWC) is no longer limited to communications, with emerging technology applications such as robots, AR glasses, and AI PCs competing to appear. Yushu Technology, which made a big hit in this year’s Spring Festival Gala with robots performing yangko, has an independent booth at MWC2025 this time. Relevant personnel said,”Overseas orders in 2024 will increase several times compared with 2023. I have been very busy since the beginning of this year. Overseas markets such as Germany and Italy have great demand, and the main customers are university customers and technology companies for scientific research and research and development.
On February 14, Yushu Technology officially announced that its robot algorithm has been upgraded to achieve smooth dance performances. In the video, the humanoid robot can perform actions such as clapping and waist twisting. It is reported that in terms of selling price, the Unitree G1 humanoid robot with a domestic price of 99,000 is sold for about 16,000 US dollars overseas and is also the most popular model at present. The price of the Unitree H1 with a higher configuration ranges from US$60,000 to US$90,000. At present, the sales of Yushu Technology’s humanoid robots have exceeded 1,000 units. Shanghai Securities pointed out that Yushu Technology has quickly achieved production and manufacturing on humanoid robots based on its advantages in robot dogs, and is expected to achieve bulk supply of humanoid robots in the future. It is recommended to pay attention to relevant domestic manufacturers in the Yushu robot supply chain.
4. More than 3.5 billion yuan, another large order was signed
Recently, large orders in terms of computing power have appeared frequently. Lanyun Technology, a company listed on the New Third Board, announced on March 5 that its wholly-owned subsidiary Beijing Shuiyou Technology Co., Ltd. and Company X signed a “Shuili Cloud Service Agreement” with a total contract amount (including tax) of 3.707 billion yuan. Lanyun Technology’s full-year revenue in 2023 will be 409 million yuan, and the contract amount is 9 times the full-year revenue in 2023.
Recently, Alibaba announced that it will invest more than 380 billion yuan in building cloud and AI hardware infrastructure in the next three years, a total amount exceeding the total of the past ten years. At the same time, major Internet companies such as Byte and Tencent have also increased their investment in computing power, and the industry has strong demand. Chen Rongfang, an analyst at Open Source Securities, said that in the short term, major manufacturers such as Byte and Alibaba have increased their capital expenditure investment in the AI field, kicking off the industry’s computing power “equipment competition”. Infrastructure construction goals are clear, which will give rise to more computing power demand. Guotai Junan believes that Alibaba will significantly increase its investment in AI infrastructure, and domestic CSP (Cloud Service Provider) manufacturers will actively follow suit, which is expected to replicate the IDC (Internet Data Center) investment boom that occurred in the “Internet +” cycle. Other CSP manufacturers will also simultaneously increase their investment in AIDC (Artificial Intelligence Data Center) to promote the improvement of demand in the domestic AI computing power industry chain.
