央行就CIPS业务公开征求意见，跨境支付产业有望加速发展；北京市发布首个6G产业专项政策—《投资早参》

Important Market News - The Ministry of Finance has decided to implement measures regarding the procurement of medical devices imported from the EU, effective from July 6, 2025. For procurement budgets exceeding 45 million RMB, EU enterprises (excluding those with investments in China) will be excluded from participation, and non-EU enterprises' imports from the EU cannot exceed 50% of the total contract amount [1] Industry Insights - The People's Bank of China has released a draft for public consultation on the rules for the Cross-border Interbank Payment System (CIPS), which aims to standardize account management, business processing, and risk management. As of May 2025, CIPS had 174 direct participants and 1,509 indirect participants, processing a total of 175 trillion RMB in cross-border payments in 2024, a 43% increase year-on-year. The updated rules are expected to enhance the efficiency of cross-border RMB payment settlements and promote investment opportunities in cross-border payment service providers and related financial IT service companies [2] - The Civil Aviation Administration of China has optimized its leadership structure for general aviation and low-altitude economy, establishing a new working group to focus on development planning, aircraft airworthiness certification, and market regulation. The low-altitude economy is projected to reach a market size of 1.5 trillion RMB by 2025 and 3.5 trillion RMB by 2035, driven by policy support and infrastructure development. Investment opportunities are seen in companies involved in low-altitude applications such as tourism, emergency services, and logistics [3] - Beijing has introduced its first special policy for the 6G industry, aiming to leverage its advantages in research and technology to support the development of 6G standards and core product research. The 6G industry is expected to enter a commercial phase post-2029, with significant impacts anticipated across various sectors. Investment opportunities are emerging in companies involved in 6G technology development [4] Company Announcements - Tax Friend Co. announced that its controlling shareholder plans to reduce its stake by up to 12.2 million shares, representing 3% of the total share capital [5] - Camel Group Co. reported that its vice president intends to reduce his holdings by up to 8.7 million shares, or 0.74% of the total share capital [5] - Hezhong Intelligent announced that a shareholder plans to reduce its stake by up to 4.9 million shares, or 1% of the total share capital [5] - Electric Light Technology disclosed plans for its controlling shareholder to reduce its stake by up to 9.5 million shares, or 2.62% of the total share capital [5] - Guosheng Zhike announced that its employee stock ownership platform plans to reduce its holdings by up to 3.7 million shares, or 2.8% of the total share capital [5] - Huahua Co. reported plans for its controlling shareholder to reduce its stake by up to 1.99 million shares, or 1% of the total share capital, and another shareholder to reduce by up to 3.98 million shares, or 2% of the total share capital [6] - Hengshuo Co. announced plans for two shareholders to reduce their stakes by up to 1.66% and 1.34% of the total share capital, respectively [6] - Jianglong Boat announced plans for its controlling shareholder and board members to reduce their stakes by up to 1% and 1.63% of the total share capital, respectively [6] - Zhongxin Fluorine Material announced plans for a shareholder to reduce its stake by up to 6.5 million shares, or 2.01% of the total share capital, along with plans from board members to reduce their holdings by a combined 3.86% [7]