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Hongwei Technology: It plans to buy back shares of no more than 50 million yuan. Hongwei Technology announced that the company plans to buy back shares by centralized bidding, and the amount of repurchase is not less than 25 million yuan and not more than 50 million yuan. The source of funds is the company's own funds and special loans for stock repurchase. The repurchased shares will be used for equity incentives or employee stock ownership plans, or for the conversion of corporate bonds issued by listed companies that can be converted into shares. The repurchase price does not exceed 30.12 yuan/share, and the repurchase period is within 12 months after the board of directors deliberates and approves it.Liang Zhonghua of Haitong Securities: The general direction of "positive" macro policy in 2025 has been determined, and the Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting on December 9 to analyze and study the economic work in 2025. Liang Zhonghua, chief macro analyst of Haitong Securities, said that judging from the statement of the meeting, the general direction of "positive" macro policy in 2025 is certain. Among them, "supernormal countercyclical adjustment" was put forward for the first time. Liang Zhonghua analyzed that "supernormal adjustment" may be different from QE (quantitative easing) in western countries, but refers to a traditional tool that has grown steadily in the past few years, making a breakthrough on the margin and playing the role of "keeping innovation" and "enriching and perfecting the policy toolbox". Judging from the policies that have been issued since September, this round of steady growth is a steady growth under the framework of "high quality". The high-quality framework will not change, and there will be no strong stimulation of flood irrigation. The meeting proposed to "implement a more active fiscal policy and a moderately loose monetary policy". Liang Zhonghua believes that next year's finance is expected to make further marginal efforts. It is expected that deficit ratio may improve. At present, 3.5%-4.0% is more likely, and the scale of special bonds may be marginally increased. Special government bonds supporting "duality" and "two innovations" will continue to be issued or increased. In addition, the debt-melting policy launched in November will also be the financial focus next year, and it is expected that special government bonds may be issued to supplement bank capital. In addition, the gradual interest rate cut will continue next year, and the structural monetary policy will continue to exert its strength. The meeting stressed that "it is necessary to vigorously boost consumption, improve investment efficiency, and expand domestic demand in all directions." In this regard, Liang Zhonghua believes that compared with Politburo meeting of the Chinese Communist Party's statement of "expanding domestic demand with the focus on boosting consumption" in July, this meeting pays more attention to expanding domestic demand, and its support is expected to be further increased in the future. Since the beginning of this year, with the extra-long special national debt funds in place, the consumption of consumer goods trade-in policy has gradually emerged. There is still room for further efforts to expand domestic demand policies such as replacing old consumer goods with new ones next year. Liang Zhonghua also mentioned that this meeting clearly put forward "stabilizing the property market and stock market", which shows that the policy pays high attention to the property market and stock market. As an important signal to pay attention to the economy and expectations, the policies of the property market and stock market are also positive.Lei Jun reveals the pronunciation of Xiaomi YU7: Y-U-7. Lei Jun, the founder, chairman and CEO of Xiaomi Technology, made a public response to the pronunciation of the new product code "YU7" which has attracted much attention recently through his personal social platform. Lei Jun said: "Many people ask YU7 how to read? Just read Y-U-7 directly. " He also revealed: "When it is released, we will explain in detail why it is named like this." It is worth noting that YU7 is Xiaomi's first SUV model. Previously, Lei Jun once issued a document saying that Xiaomi YU7 is currently conducting a large-scale road test and is expected to be officially listed in June and July next year.

GD Helicopter Finance signed a financing agreement of over 77 million euros. According to G&D Airlines, GD Helicopter Finance signed a financing agreement of over 77 million euros with Bank of China, London Branch and German Helaba Bank to support GDHF in purchasing several new Airbus H160 helicopters.Stellantis Group: The joint venture battery factory with Contemporary Amperex Technology Co., Limited is planned to be put into operation at the end of 2026, with an annual production capacity of 50 GWh. On December 10th, Stellantis Group announced that it had reached an agreement with Contemporary Amperex Technology Co., Limited to set up a joint venture with an investment of up to 4.1 billion euros to build a large lithium iron phosphate battery factory in Zaragoza, Spain. The factory plans to start production at the end of 2026, and its planned annual production capacity can reach 50 GWh. Depending on the customary regulatory conditions and approval, it is expected that the transaction will be completed in 2025.General Administration of Customs: In the first 11 months, ASEAN was my largest trading partner. In the first 11 months, ASEAN was my largest trading partner. The total trade value between China and ASEAN was 6.29 trillion yuan, up 8.6%, accounting for 15.8% of China's total foreign trade. Among them, the export to ASEAN was 3.74 trillion yuan, up by 12.7%; Imports from ASEAN reached 2.55 trillion yuan, an increase of 3%. The EU is my second largest trading partner, and my total trade with the EU is 5.09 trillion yuan, up by 1.3%, accounting for 12.8%. Among them, exports to the EU reached 3.34 trillion yuan, up by 3.8%; Imports from the EU reached 1.75 trillion yuan, down 3.3%. The United States is my third largest trading partner, and my total trade with the United States is 4.44 trillion yuan, an increase of 4.2%, accounting for 11.2%. Among them, exports to the United States were 3.38 trillion yuan, an increase of 5.1%; Imports from the United States reached 1.06 trillion yuan, an increase of 1.4%.

What does it mean for China's chip exports to exceed one trillion yuan? According to the latest data of the General Administration of Customs today, the export value of integrated circuits in China in the first 11 months was 1.03 trillion yuan, up 20.3% year-on-year. It is not easy for chip exports to break through trillions. In recent years, the United States has continuously suppressed China's chip industry, not only by itself, but also by pulling its allies to "contain" it. In this case, the export of integrated circuits in China continues to grow, which shows that the U.S. sanctions have not stopped the development of China's chip industry. Now, in all aspects of chip manufacturing, design, packaging and testing, China enterprises are far from the most advanced in the world, although there is still a gap, but they all have a certain level. The determination and ability of China chip industry enterprises to catch up have exceeded expectations. (The country is a through train)In the arrest warrant of Jin Longxian, the South Korean prosecutor clearly identified Yin Xiyue as the "chief offender of civil strife". According to a report by South Korea's Central Daily News on the 10th, on the 9th, South Korean President Yin Xiyue became the first incumbent president who was banned from leaving the country. This was the decision only six days after the "12.3 Emergency Martial Law Incident". On the same day, when the South Korean prosecutor applied for the arrest of former Defense Minister Jin Longxian, Yin Xiyue was clearly identified as the first offender of the crime of civil strife. According to the report, the South Korean prosecutor identified Jin Longxian as one of the leaders of civil strife in the arrest warrant, and was suspected of suggesting the implementation of emergency martial law and participating in important civil strife tasks. Yin Xiyue, who ordered the declaration of martial law, was accused of being "the first offender of rebellion". It is understood that the prosecution also listed other major commanders who deployed armed forces to Congress and other places as accomplices in civil strife. (Zhongxin. com)Hongwei Technology: It plans to buy back shares of no more than 50 million yuan. Hongwei Technology announced that the company plans to buy back shares by centralized bidding, and the amount of repurchase is not less than 25 million yuan and not more than 50 million yuan. The source of funds is the company's own funds and special loans for stock repurchase. The repurchased shares will be used for equity incentives or employee stock ownership plans, or for the conversion of corporate bonds issued by listed companies that can be converted into shares. The repurchase price does not exceed 30.12 yuan/share, and the repurchase period is within 12 months after the board of directors deliberates and approves it.