Industry News - The Ministry of Commerce has approved a certain number of compliant applications for rare earth-related export licenses, considering the reasonable needs and concerns of various countries in the private sector [6] - Ant International plans to apply for a stablecoin license in Hong Kong following the passage of the Stablecoin Bill, with the application to be submitted as soon as the relevant channels are opened [8] - The People's Bank of China and the State Administration of Foreign Exchange have issued measures to support the integration and development of cross-strait relations, proposing 12 policy measures to enhance financial support [8] - The Hong Kong Securities and Futures Commission is studying adjustments to the number of shares per transaction to improve the convenience of trading high-priced and fractional shares, thereby enhancing market liquidity [8] - The Guangxi Zhuang Autonomous Region has launched a special action plan to boost consumption, focusing on subsidies for the replacement of old vehicles and home appliances [8] - Urumqi plans to invest 44.815 billion yuan in 82 cultural tourism projects by 2025, with a focus on attracting high-end hotel clusters and creating comprehensive cultural tourism spaces [8] Company News - Xinhua Insurance plans to invest no more than 15 billion yuan to subscribe for private equity fund shares [11] - Vanke A announced the sale of 72.96 million A-shares from June 10 to June 12 to supplement the company's liquidity [12] - ST Gongzhi's stock will be delisted as per the Shenzhen Stock Exchange's decision [13] - ST Jinyi announced the removal of other risk warnings, with trading resuming on June 16 [14] - China Power Construction announced it won a 10.77 billion yuan EPC contract for an offshore wind power project [15] - Taiji Co., Ltd. announced that its controlling shareholder is planning a change in company control, leading to a stock suspension [17]

Group 1 - The company will hold its 2024 Annual General Meeting on June 26, 2025, with a record date for shareholders on June 19, 2025 [1][2] - China Power Construction Group Co., Ltd., which holds 53.05% of the company's shares, proposed a temporary motion to elect Mr. Zhang Zhaoxiang as an independent director for the fourth board of directors [1][2] - The temporary motion has been approved by the company's fourth board of directors during its tenth meeting [1][3] Group 2 - The meeting will take place at the China Power Construction Technology Innovation Industrial Park in Beijing, starting at 15:00 on June 26, 2025 [2] - Online voting will be available through the Shanghai Stock Exchange system on the same day, with specific time slots for voting [2][3] - The original notice of the shareholder meeting remains unchanged despite the addition of the temporary motion [2][3]

Group 1: Policy Initiatives - The State Council proposed 10 policy measures across 4 areas to improve and guarantee people's livelihoods[7] - Emphasis on enhancing social security fairness and expanding coverage for low-income groups[8] - Focus on equal access to basic public services regardless of urban or rural status[8] Group 2: Market Performance - The Shanghai Composite Index fell by 0.44%, while the North Exchange 50 Index decreased by 1.01%[16] - As of June 10, 2025, the North Exchange A-share component stocks totaled 267, with an average market capitalization of 3.076 billion[16] - Trading volume for the North Exchange reached 25.371 billion, down 5.23% from the previous trading day[16] Group 3: Industry News - The China Steel Industry Association called for resisting "involution" competition and prioritizing industry interests over individual company benefits[12] - Recommendations for the automotive industry to adhere to fair competition principles and enhance technological advancements[13] - The China Electric Power Construction Enterprise Association proposed four strategies for integrated development of power sources and green electricity projects[14]

此项目位于曼谷北部巴吞他尼府，线路全长17.3千米，同塔四回路架设，共有铁塔66基，项目建成后将 提高曼谷及巴吞他尼府供电可靠性及稳定性。 转自：新华财经 新华财经曼谷6月9日电（记者高博）由中国公司国家电网河南送变电建设有限公司总承包的泰国兰实- 纳瓦那空剖入三阔变电站230千伏输电线路工程首基铁塔组立于7日完成，标志着该项目正式进入铁塔组 立阶段。 据悉，项目线路经过地区多为水稻田及鱼塘，地质条件较差，且该地区雨季时间长、降雨量大。国网河 南送变电建设有限公司根据以往在泰国总承包项目经验，提前策划物资供应及征地协调，自1月开始基 础施工以来，克服各种不利因素，利用短暂旱季加大施工资源投入。截至目前，物资供应完成超过 80%，基础施工完成50%，各项工作按计划顺利实施。 近年来，国网河南送变电建设有限公司积极践行共建"一带一路"倡议，不断深化国际交流合作。2019年 进入泰国电力市场以来，先后完成泰国230千伏甲民武里-瓦他纳那空输电线路工程、500千伏童颂-宋卡 输电线路工程总承包项目，实现高质量履约。 今年5月，泰国电力局前往国网河南送变电建设有限公司实地考察调研，高度评价了该公司技术水平、 装备水平、 ...

Group 1 - The meeting between the Secretary of the Provincial Party Committee Liu Ning and the Chairman of China Power Construction Group Ding Yanzhang highlights the importance of collaboration for high-quality economic development in Henan [1][2] - Liu Ning emphasized the need for a clean, low-carbon, safe, and efficient energy system, aligning with national strategies such as the Yellow River National Strategy and major infrastructure projects [1] - China Power Construction Group aims to leverage its core advantages in water, energy, urban infrastructure, and digital sectors to enhance resource investment and accelerate key project construction in Henan [2] Group 2 - The provincial government expressed commitment to support China Power Construction Group's investments in Henan by optimizing the business environment and ensuring service guarantees [1] - The meeting coincided with World Environment Day, underscoring the focus on ecological protection and sustainable development in the region [1] - China Power Construction Group's integrated advantages in investment, construction, and operation are expected to contribute significantly to Henan's modernization efforts [2]

Meeting Overview - The annual general meeting (AGM) of China Power Construction Corporation is scheduled for June 26, 2025 [1] - The meeting will utilize a combination of on-site and online voting methods [1][2] - The location for the on-site meeting is at the China Electric Power Construction Technology Innovation Industrial Park in Beijing [1] Voting Procedures - The online voting system will be provided by the Shanghai Stock Exchange, with voting available from 9:15 AM to 3:00 PM on the day of the meeting [1][3] - Shareholders can vote through the trading system or the internet voting platform, with specific instructions for first-time users [3][4] - Multiple accounts held by a shareholder can be used to cast votes, but only the first vote will be counted if repeated [4][5] Agenda Items - The AGM will review several proposals, including the work report, financial report, and shareholder return plan for 2025-2027 [2][3] - There are no special resolutions or related party transactions requiring abstention from voting [3] - The meeting will also include a report from independent directors, which does not require a vote [3] Attendance and Registration - Shareholders registered by the close of business on June 19, 2025, are eligible to attend the AGM [5] - Registration for attendance can be done in person or via authorized representatives, with specific documentation required [6] Additional Information - The company will provide reminder services to facilitate participation from minority investors [4] - The AGM is expected to conclude within one working day, and attendees are responsible for their own travel and accommodation expenses [6]

Group 1: Stock Performance and Trading Activities - Lehui International's stock has experienced a significant increase, with a cumulative price deviation of 20% over three trading days, although its fresh beer business is still in a loss phase [1] - Hexing Co., Ltd. reported that some executives reduced their holdings by 153,000 shares during the stock's abnormal trading period, while clarifying that the company is not involved in "unmanned logistics vehicles" or "autonomous driving" [2] - Nanhua Futures' stock also saw a 20% price deviation over three trading days, with uncertainty surrounding its H-share issuance and listing on the Hong Kong Stock Exchange [4] Group 2: Share Buybacks and Major Transactions - Guizhou Moutai has repurchased 3.31 million shares, accounting for 0.2635% of its total share capital, with a total expenditure of approximately 5.1 billion yuan [3] - Bangji Technology announced a stock suspension due to planning a major transaction involving the acquisition of 100% of Shandong Beixi Agricultural and Animal Husbandry Co., Ltd. and 80% of Paistong Livestock Technology Consulting [5] - Honghe Technology's stock is suspended as it plans a potential change in control through a share transfer, with the counterparty primarily engaged in investment and asset management [6] Group 3: New Projects and Market Developments - China Electric Power Construction Corporation's subsidiary won a 6.282 billion yuan contract for a large-scale energy storage project in Inner Mongolia [8][11] - Huamao Technology plans to acquire the remaining 57.84% stake in Fuchuang Youyue, which will become a wholly-owned subsidiary, enhancing its position in the global computing manufacturing industry [9] - Hainan Huatie is planning to issue shares and list on the Singapore Exchange, with discussions ongoing regarding the specifics of the S-share listing [10] Group 4: Business Segment Insights - Wangzi New Materials clarified that its subsidiary's involvement in controllable nuclear fusion is minimal, with revenue from this segment being a small part of its overall business [7]

Group 1: Media Cooperation and Responsibilities - The media serves as a bridge for information exchange and cultural communication, facing challenges in professional ethics and credibility in the current international environment [1][6][14] - Regional media forums have provided platforms for dialogue among media professionals, emphasizing the need for continued efforts to establish an objective and fair information space [3][7] - The importance of media in promoting mutual understanding and cooperation among SCO member states is highlighted, with a call for stronger collaboration and adherence to ethical standards [15][19] Group 2: Infrastructure and Connectivity - China Aviation Group is actively expanding its route network, having opened 68 new routes under the Belt and Road Initiative, connecting 29 countries, including SCO member states [4] - China Communications Construction Group has engaged in substantial infrastructure projects globally, with over 3,000 projects and significant investments in roads and bridges, enhancing global connectivity [8][9] - China Electric Power Construction Group is involved in energy projects across SCO countries, contributing to sustainable development and local employment [12][13] Group 3: Cultural Exchange and Understanding - Cultural exchanges between Uzbekistan and China have flourished, with increased interest in Chinese culture among Uzbek students and the establishment of Confucius Institutes [6][10] - Media plays a crucial role in shaping perceptions and fostering empathy among nations, with a focus on overcoming biases and promoting accurate narratives [14][20] - Initiatives to enhance cultural cooperation through joint media projects and technology are being pursued to strengthen ties among SCO member states [19][20]

Core Viewpoint - The newly released management measures for electric power facility licenses aim to streamline the licensing process by reducing the number of license levels from five to three, enhancing the quality of the electric power construction industry and providing new momentum for the private economy [1][2]. Group 1: License Level Reduction - The new regulations compress the licensing system from five levels to three, maintaining the application requirements for level one licenses while lowering the conditions for levels two and four, and making slight adjustments for levels three and five [2]. - Over 84% of the 47,000 licensed enterprises in the country hold level four or five licenses, with more than 85% being private enterprises. The new rules are expected to empower small and medium-sized enterprises by simplifying the upgrade process [2][3]. Group 2: Strengthening Credit Supervision - The new regulations emphasize a comprehensive regulatory framework to ensure that only qualified enterprises enter the market, thereby safeguarding the quality and safety of electric grid and related engineering projects [4]. - The penalties for providing false materials or obtaining licenses through deceitful means have increased, with fines raised from 30,000 yuan to 100,000 yuan, which directly impacts market access [4][5]. Group 3: Upgrading License Services - To facilitate the implementation of the new regulations, the National Energy Administration has introduced measures to optimize the license renewal process, allowing enterprises to continue operations under their existing licenses during the transition [6]. - The upgrade of the qualification and credit information system aims to enhance efficiency and accuracy in the license renewal process, enabling online applications and automatic verification of submitted materials [6][7]. Group 4: Industry Response and Future Outlook - Industry representatives express optimism about the reforms, noting that they will allow enterprises to focus on project construction and reduce the costs associated with maintaining qualifications [7]. - The Beijing Electric Power Industry Association is actively providing guidance and promoting self-discipline among construction enterprises to foster a fair and orderly market environment [7].

5月9日，国家发展改革委以 2025年第30号令 发布《承装（修、试）电力设施许可证管理办 法》（以下简称《办法》） 。 《办法》 明确 ，许可证分为承装、承修、承试三个类别，每类 按电压等级划分为一级、二级、三级。一级许可证可从事所有电压等级的电力设施安装、维修或 试验；二级、三级许可证分别限 330千伏以下、35千伏以下电压等级业务。 根据 《办法》，延续了 20年的五级许可体系压缩为三级。 "这是一场刀刃向内的改革，更是一 次顺应时代的自我革新。" 国家能源局电力业务资质管理中心 有关负责人 表示，这场改革将推 动电力建设行业从量的扩张转向质的提升，为我国民营经济注入新动能。 业内人士表示，从原 国家电力监管委员会 2005年 6号令 、 2009年28号令，到国家发展改革 委2020年第36号令、2025年第 30号令，20年间 ， 《办法》 从 1.0版本升级到了4.0版本 ， 这一历程 见证 了 我国 电力建设市场的蜕变。 压减许可等级 从"五级台阶"到"三级跃升" 《办法》明确，许可等级压减后，一级许可申请条件要求不变，原二级、四级条件降低，原三 级、五级仅在专业人员数量上略作调整升级后，即可依 ...