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Market Overview - The A-share market shows resilience, with a focus on technology growth and domestic demand expansion [7][10] - As of May 5, 2025, the total market capitalization of the Shanghai Composite Index is 631.28 billion, with a PE ratio of 11.54 [3] Industry Dynamics - Apple reported a revenue of $95.36 billion for Q2 2025, a 5% year-on-year increase, with a net profit of $24.78 billion, also up 5% [47] - Xinda Biopharmaceuticals (1801.HK) achieved product revenue exceeding 2.4 billion in Q1 2025, reflecting a growth of over 40% year-on-year [49] - The China National Railway Group reported a revenue of 1.283 trillion in 2024, a 3% increase, with Q1 2025 revenue at 281.4 billion, showing a 5.9% year-on-year growth in passenger transport [51][52] - Unisplendour (000938.SZ) reported a slight revenue increase of 2.22% in 2024, but a significant profit decline of 25% [56] Company Tracking - Xinda Biopharmaceuticals launched four new drugs in Q1 2025, contributing to its strong revenue growth [49] - Unisplendour's Q1 2025 revenue grew by 22%, but profits still declined by 16% [56]