Industry News - The State-owned Assets Supervision and Administration Commission (SASAC) emphasizes optimizing the allocation of state-owned assets, adjusting existing structures, resisting "involution" competition, and enhancing restructuring and integration [7] - The People's Bank of China and the Ministry of Agriculture and Rural Affairs issued opinions to increase financial resources for rural revitalization, focusing on food security and credit support for major grain-producing areas [7] - The National Development and Reform Commission and the State Administration for Market Regulation are seeking public opinions on the draft amendment to the Price Law, aiming to improve standards for identifying low-price dumping and regulate market pricing order [8] - Shanghai plans to issue demonstration operation licenses for intelligent connected vehicles during the 2025 World Artificial Intelligence Conference [9] - As of June 2025, the total scale of public funds in China reached 34.39 trillion yuan, marking a historical high since early 2024, while money market funds saw a decline of over 160 billion yuan [9] - The National Development and Reform Commission announced that the central budget investment for 2025 has been largely allocated, focusing on modern industrial systems, infrastructure, and rural revitalization projects [9] Company News - Xidi Micro announced risks of losing control over its subsidiary Zinitix [11] - Pioneer New Materials is under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure [12] - Hengtong Optic-Electric won a bid for a marine energy project worth 1.509 billion yuan [13] - Helen Piano announced a change in control with Cui Yongqing taking over, leading to the resumption of stock trading [14] - Yuanli Co. plans to acquire 100% equity of Tongsheng Co., with stock trading resuming [14] - Time Space Technology is planning a change in control, resulting in stock suspension [15] - Gallen Electronics signed a strategic cooperation framework agreement with Shanghai Guotou and Shanghai Xinhui [15] - Caimi Microelectronics announced a proposed transfer of up to 18% of its shares by shareholder Wu Yuefeng and its concerted parties [16] - Zhongjin Gold announced the suspension of operations at its Inner Mongolia mining subsidiary and will promote follow-up work [16] - Fusenmei announced that its chairman Liu Bing has been detained, with vice chairman Liu Yunhua taking over responsibilities [17]