Jihua Group(SH:601718) 券商中国·2025-08-08 13:01Macro Dynamics - Modi is expected to visit China on August 31 to attend the Shanghai Cooperation Organization (SCO) summit, which will be the largest since the organization's establishment, with over 20 countries and 10 international organizations participating [2] - The Chinese government welcomes Modi's visit and anticipates a fruitful summit that will enhance cooperation and development within the SCO [2] Financial Institutions - Guo Wei has been elected as the new chairman of Guolian Minsheng, succeeding Ge Xiaobo, who will remain as the executive director and president [10] Market Data - The Shanghai Composite Index fell by 0.12% on August 8, with a total trading volume of 1.71 trillion yuan, a decrease of 115.3 billion yuan from the previous trading day [12] - The financing balance of the two markets increased by 3.531 billion yuan, with the Shanghai Stock Exchange reporting 1,013.802 billion yuan and the Shenzhen Stock Exchange reporting 978.687 billion yuan [13] Company Dynamics - Jihua Group is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure, although its main business does not involve brain-computer interface technology [14] - The CSRC has issued a notice of administrative penalty against *ST Gaohong for long-term engagement in non-commercial activities that inflated revenue and profits, proposing a fine of 160 million yuan [15] - Lio Co., Ltd. plans to use up to 3 billion yuan of its own funds for securities investments, including new stock subscriptions and bond investments [16]