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新华财经早报:9月23日

Group 1: Financial Developments - As of the end of July, foreign institutions and individuals held over 10 trillion yuan in domestic stocks, bonds, and deposits in China, with stocks exceeding 3 trillion yuan, bonds around 4 trillion yuan, and deposits approximately 3 trillion yuan [1] - Since the beginning of the "14th Five-Year Plan," insurance funds have invested over 5.4 trillion yuan in stocks and equity funds, representing an 85% increase compared to the end of the "13th Five-Year Plan" [1] - Listed companies in China have distributed a total of 10.6 trillion yuan through dividends and buybacks over the past five years, which is more than 80% higher than during the "13th Five-Year Plan" and equivalent to 2.07 times the amount raised through IPOs and refinancing during the same period [1] Group 2: Steel Industry - A joint document from five departments outlines a plan to stabilize growth in the steel industry, setting an average annual growth target of around 4% for value added over the next two years, while implementing precise capacity and production controls and prohibiting new capacity [1] Group 3: Corporate Announcements - Tianqi Lithium announced a cooperation agreement with Ruipu Lanjun for the procurement of no less than 800,000 tons of electrolyte products by the end of 2030, with a monthly supply requirement of at least 20,000 tons [1][5] - Changchuan Technology expects a net profit of between 827 million yuan and 870 million yuan for the first three quarters, representing a year-on-year growth of 131.39% to 145.38% [5]