Group 1 - The core viewpoint emphasizes accelerating high-level technological self-reliance and strengthening the integration of technological and industrial innovation to enhance the capacity for industrial technological innovation and generate new productive forces [1] Group 2 - The first step involves systematically increasing the supply of high-quality technology by planning national major science and technology projects and promoting the reconstruction of industrial foundations and major technological equipment projects [1] - The second step focuses on continuously reinforcing the role of enterprises as the main body of technological innovation by implementing policies such as R&D expense deductions and supporting the high-quality development of specialized and innovative small and medium-sized enterprises [1] - The third step aims to accelerate the smooth transformation of technological achievements by constructing a national pilot service network for manufacturing and enhancing technical support services such as measurement, standards, and intellectual property [1] Group 3 - The fourth step is to optimize the innovation ecosystem by strengthening inter-departmental collaboration and promoting the aggregation of smart and green technologies and technology services to enterprises [2] - The implementation of a manufacturing talent support plan and the establishment of excellent engineer training bases are also highlighted [2] - The use of integrated technology and finance initiatives, along with national industry-finance cooperation platforms, is encouraged to invest early, small, long-term, and in hard technology [2]

"重点"是要激活智能化引擎。智能化是当前两化融合最主要的推力。我们将深入实施"人工智能+制 造"专项行动，统筹布局通用大模型和行业大模型，培育一批重点行业智能体、智能原生企业；加快制 造业智能化升级，广泛挖掘人工智能应用场景，以万千"小场景"汇聚形成融合"大场面"，为推动制造业 高质量发展注入强大动力。 资讯编辑：刘佳惠 021-26093916 资讯监督：乐卫扬 021-26093827 资讯投诉：陈跃进 021-26093100 免责声明：Mysteel发布的原创及转载内容，仅供客户参考，不作为决策建议。原创内容版权归Mysteel所有，转载需取得Mysteel书面授 权，且Mysteel保留对任何侵权行为和有悖原创内容原意的引用行为进行追究的权利。转载内容来源于网络，目的在于传递更多信息，方 便学习与交流，并不代表Mysteel赞同其观点及对其真实性、完整性负责。 "首先"是要筑牢数字化基础。一方面要牵住工业数据这个"牛鼻子"，我们将启动工业数据筑基行动，建 设一批高质量行业数据集，壮大数据咨询、数据标注等经营主体。另一方面要加快制造业数字化转型， 推动规上企业"应转尽转"，深化中小企业数字化转型赋能专 ...

Core Viewpoint - The Ministry of Industry and Information Technology emphasizes that China's industrial economy will maintain stable growth in 2026 through innovation, reform, and leveraging existing advantages despite facing risks and challenges [1][2]. Group 1: Stability - The focus will be on stabilizing growth in key industries and regions, which account for 80% of the total industrial output value. The government plans to implement growth support plans for ten key industries, including steel, non-ferrous metals, and petrochemicals [1]. - Support will be provided to major industrial provinces to enhance policy support and resource guarantees [1]. Group 2: Expansion - Efforts will be made to expand effective demand by improving supply-demand matching and promoting flexible manufacturing. The application of new technologies, such as artificial intelligence, will be accelerated [1]. - The government will initiate major engineering projects and strengthen the coordination of industrial and trade policies [1]. Group 3: Innovation - The focus will be on promoting value creation and quality improvement through the revitalization of traditional industries and the development of emerging industries [1]. - Major technological transformation and upgrading projects will be advanced, with an emphasis on standards, quality enhancement, and brand building [1]. Group 4: Growth - The government aims to enhance the vitality of business entities by establishing a nurturing system for quality enterprises and improving cash flow for small and medium-sized enterprises [2]. - There will be a focus on monitoring and managing production capacity in key industries to consolidate the achievements of competition regulation [2].

Group 1 - The core viewpoint of the articles highlights the shift in user information search habits from traditional search engines to AI-driven question-and-answer platforms, indicating a transformation in market competition [2][3] - Weimob Group has officially launched its Generative Engine Optimization (GEO) solution, Weimob Xingqi, aimed at enhancing brand visibility within the AI ecosystem and driving brand exposure and performance growth in the AI search era [2] - Gartner predicts that by 2028, 50% of search engine traffic will be consumed by AI searches, emphasizing the urgency for brands to adapt to this new traffic ecosystem [2] Group 2 - The Weimob Xingqi solution utilizes AI-driven non-linear logic based on search intent, employing full-link data monitoring, intelligent content generation, and smart distribution to enhance brand visibility in AI dialogues [3] - The solution has already been implemented across various industries, including consumer goods, digital appliances, business services, and software applications, showcasing its versatility [3] - Weimob Group's self-developed core technology and the launch of Weimob Xingqi signify a further enhancement of its "AI + Marketing" business layout, with plans to expand strategic initiatives in enterprise, personal consumer, and overseas markets [3]

Group 1 - The core viewpoint of the article is that BAIC New Energy and Pony.ai have officially established a comprehensive strategic cooperation to promote the "Chinese solution" of the Arcfox Alpha T5 Robotaxi globally, focusing on markets in the Middle East and Europe [1] - The partnership aims to develop a benchmark system that includes technology standards, efficient and replicable operational models, and a collaborative business ecosystem [1] - Since the strategic signing at the first Technology Day in November 2024, the two companies have completed the mass production of 600 Arcfox Alpha T5 Robotaxis and have initiated full operations in Beijing and Shenzhen [1]

Group 1: Gold and Silver Market - The February 2026 gold futures price increased by $58.56, closing at $4,519.26 per ounce, with a rise of 1.31% [1] - The market's risk aversion sentiment remains high, driving demand for precious metals, with bullish investors continuing to buy on dips [1] - The March silver futures price rose by 471.4 cents, closing at $79.858 per ounce, reflecting a significant increase of 6.27% [3] Group 2: Economic Data Impact - The U.S. Labor Department reported an increase of 50,000 non-farm jobs in December 2025, which was below the expected 66,000 [1] - The U.S. Commerce Department indicated a 4.6% month-over-month decline in housing starts for September 2025, with an annualized rate of 1.306 million units, lower than the anticipated 1.33 million [1] - The preliminary consumer confidence index for January 2026 was reported at 54, higher than December 2025's final value of 52.9, but long-term inflation expectations rose from 3.2% to 3.4% [1] Group 3: Mining Industry Developments - Rio Tinto and Glencore are in preliminary talks regarding a potential merger, which could create the world's largest mining company, valued at approximately $207 billion [2] - Geopolitical tensions are supporting the prices of gold and silver, with expectations of increased geopolitical turmoil in 2026 [2] - Market analysts predict that gold, silver, and copper prices will continue to rise in 2026, influenced by the U.S. government's nearly $2 trillion fiscal deficit and total national debt nearing $39 trillion [2]

Summary of Key Points Core Viewpoint - The latest data from Steel Silver E-commerce indicates a decrease in total steel inventory across 38 cities in China, reflecting a slight contraction in the market [1]. Inventory Data - The total steel inventory in 135 warehouses across 38 cities is 6.98 million tons, which is a decrease of 64,000 tons from the previous week, representing a decline of 0.91% [1]. - The inventory of construction steel amounts to 2.96 million tons, down by 52,400 tons week-on-week, marking a reduction of 1.74% [1]. - Hot-rolled coil inventory has increased to 2.09 million tons, with a rise of 20,300 tons, reflecting a growth of 0.98% [1]. - Medium and heavy plate inventory stands at 701,300 tons, decreasing by 15,700 tons, which is a decline of 2.19% [1]. - Cold-rolled and coated inventory totals 1.23 million tons, down by 16,200 tons, indicating a decrease of 1.30% [1].

Core Viewpoint - The U.S. government, under President Trump, has declared a national emergency to protect Venezuelan oil revenues stored in U.S. Treasury accounts from being seized or subjected to legal proceedings, aiming to support U.S. foreign policy objectives in Venezuela [1][5] Group 1: National Emergency Declaration - President Trump signed an executive order to prevent the seizure of Venezuelan oil revenues, which he claims is crucial for stabilizing Venezuela's economy and politics [1] - The executive order ensures that the funds will be used within Venezuela to promote peace, prosperity, and stability [1] - The order states that the threats of seizure or legal proceedings primarily originate from outside the U.S., and that Venezuelan oil revenues held by the U.S. government are protected from private creditor claims [1] Group 2: Oil Investment and Corporate Response - Trump met with executives from about 20 oil companies, urging them to invest $100 billion in Venezuela to significantly increase oil production, but received little commitment from them [1] - Most oil companies did not publicly promise to invest quickly, and Trump expressed a desire for U.S. oil companies to deal directly with the U.S. government rather than negotiating with Venezuelan officials [1] Group 3: Historical Debt and Corporate Claims - Several companies, including ExxonMobil and ConocoPhillips, have longstanding claims against Venezuela, with ConocoPhillips stating it is owed $12 billion [4] - Trump indicated a willingness to forgive these debts, suggesting a fresh start without holding past losses against the companies [5] Group 4: Use of Emergency Powers - Trump has frequently declared national emergencies for various purposes, including military actions and economic policies, far exceeding the frequency of previous presidents [6] - Experts criticize the misuse of emergency powers to advance economic and foreign policy goals, arguing that many situations do not constitute true emergencies [6] Group 5: Trump's Global Authority Perspective - Trump has articulated a view that his moral standards and will are the only constraints on his exercise of power globally, dismissing the need to adhere to international law [7] - He believes that national strength should dictate actions in international conflicts rather than legal frameworks [7]

Group 1 - The Ministry of Commerce has outlined eight key areas of focus for the national business system in 2026, with a primary emphasis on implementing consumption promotion initiatives and building a unified national market [1][1][1] - The National Healthcare Security Administration is piloting the "Personal Medical Insurance Cloud" project to create a comprehensive smart healthcare management model by aggregating and utilizing personal health data [1][1][1] - The China Securities Regulatory Commission aims to enhance the institutional environment for long-term investments and improve services for technology innovation enterprises, focusing on risk prevention and high-quality development during the 14th Five-Year Plan period [1][1][1] Group 2 - The "Tianma-1000" unmanned transport aircraft has successfully completed its first flight test, designed for logistics, emergency rescue, and material delivery, capable of autonomously loading and unloading tons of goods within five minutes [1][1][1] - The Baotou Rare Earth Products Exchange has launched a rare earth price index, which will serve as a price "barometer" and "guideline" for the rare earth market, utilizing transaction data and a rigorous index model [1][1][1]

Summary of Key Points Core Viewpoint - In December 2025, a total of 122 Hong Kong-listed companies initiated share buybacks, repurchasing 786 million shares for a total amount of 21.93 billion HKD, representing a 2.63% decrease from 22.52 billion HKD in the same period last year [1][2]. Company-Specific Insights - Tencent Holdings, Xiaomi Group, and China COSCO Shipping were among the top companies in terms of buyback amounts in December [2]. - Xiaomi Group repurchased shares worth 3.25 billion HKD, acquiring 80 million shares at prices ranging from 38.56 HKD to 42.72 HKD per share, and has repurchased a total of 6.28 billion HKD in 2025 [5]. - Geely Automobile conducted its first buyback of the year in December, repurchasing shares worth 385 million HKD, totaling 22.43 million shares at prices between 16.26 HKD and 17.91 HKD [6]. Industry Insights - The majority of buybacks in December 2025 were concentrated in the software services and other healthcare sectors [7]. - The software services industry led in both buyback amounts and the number of companies participating, with a total buyback amount of 138.81 billion HKD from 19 companies, including companies like Multi-Point Intelligence and BaiRong Cloud [8]. - The other healthcare sector had 16 companies participating in buybacks, with notable companies like Giant Bio conducting their first buyback of the year, amounting to 183 million HKD [11].