Market Dynamics - The State Council has issued measures to enhance support for private investment projects that meet certain criteria, emphasizing the use of new policy financial tools to support key industries and projects [1] - The State Council encourages private capital to participate in low-altitude economy infrastructure construction, ensuring equal treatment for private investment projects in commercial space activities [1] Industry Developments - By 2035, a new power system compatible with a high proportion of renewable energy is expected to be established, with a focus on improving the renewable energy consumption and regulation system [2] - The National Development and Reform Commission and the National Energy Administration are pushing for breakthroughs in large-capacity long-duration energy storage technologies, including liquid flow batteries and compressed air storage [3] Company News - TSMC reported a sales figure of NT$367.47 billion for October, reflecting an 11.0% month-on-month increase and a 16.9% year-on-year increase, with cumulative sales for the first ten months reaching NT$3.13 trillion, up 33.8% year-on-year [5] - Lingzhi Software plans to acquire 100% of the shares of Kaimiride, a leading financial IT supplier in China, through a combination of stock issuance and cash payment, with the transaction expected to constitute a major asset restructuring [7] - Maiwei Biotech has received approval for a Phase II clinical trial of its innovative drug 9MW3811 for pathological scars, positioning it as a leader in the global competitive landscape for similar targets [6]

Core Viewpoint - The National Development and Reform Commission and the National Energy Administration have released guidelines to promote the consumption and regulation of renewable energy, focusing on innovative energy storage technologies and flexible adjustment systems [1] Group 1: Technological Innovations - The guidelines emphasize the need to tackle flexible adjustment technologies, including the innovative application of liquid flow batteries, compressed air storage, and gravity storage [1] - There is a push to accelerate breakthroughs in large-capacity, long-duration energy storage technologies [1] Group 2: Infrastructure Development - New pumped storage power stations are encouraged to have variable speed adjustment capabilities [1] - The guidelines advocate for the deepening of virtual power plant coordination and control technologies, as well as the application of diverse trading technologies [1] Group 3: Market Adaptation - The expansion of new flexible load adjustment technologies is highlighted as a key area for development [1] - The promotion and pilot application of a new generation of coal power technologies are also part of the strategic focus [1]