Market Overview - On the first trading day after the Dragon Boat Festival, all three major A-share indices rose, with the Shanghai Composite Index up 0.48% to 3363.48 points, the Shenzhen Component Index up 0.35% to 10076.01 points, and the ChiNext Index up 0.73% to 2007.76 points [1] - The total A-share trading volume reached 3060.25 billion yuan, while B-share trading volume was 0.76 billion yuan [2] Sector Performance - Sectors such as jewelry, precious metals, household light industry, and cultivated diamonds saw significant gains, while sectors like automobile manufacturing, steel, molten salt energy storage, and medical waste treatment lagged behind [4] - The cultivated diamond sector led with an average increase of 3.31%, followed by immunotherapy at 2.68% and gold concepts at 2.47% [5] Company Insights - **Shutai Shen**: The company is developing a new molecule, STSA-1002, targeting C5a for multiple indications, with a high mortality rate of 35%-45% for ARDS, affecting nearly 3 million people globally each year [9] - **Guanhao Biological**: The company is advancing clinical research on mesenchymal stem cell treatments and is working on the application for a human genetic resource sample library to support innovation in drug development and health services [9] - **Zoli Pharmaceutical**: The company aims to expand its marketing channels and accelerate national market coverage, focusing on traditional Chinese medicine and enhancing brand awareness [9] - **Zhongyuan Xiehe**: The company is experiencing steady growth in its pathology diagnosis business and sees significant long-term market potential in stem cell innovative drugs [9] Policy and Regulatory Updates - The National Energy Administration has issued opinions to optimize the qualification licensing management system for the electricity sector, supporting the innovation of new business models and exempting certain new operational entities from licensing requirements [3]