Market Overview - The A-share market continues to show a mixed trend, with the three major indices fluctuating and trading volume remaining above 1 trillion yuan [1][2] - As of the market close, the Shanghai Composite Index stood at 3297.29 points, with a slight increase of 0.03%, while the Shenzhen Component Index fell by 0.58% to 9878.32 points, and the ChiNext Index decreased by 0.68% to 1935.86 points [2] Sector Performance - The electricity sector performed notably well, with a rise of 2.13%, driven by the approaching summer peak electricity demand and favorable policies such as the implementation of the "Basic Rules for Electricity Market Operation" in July [3] - The pet economy sector also showed strong performance, with companies like Tianyuan Pet reaching a 20% limit-up, driven by increasing consumer demand and changing pet ownership trends [3] Adjustment Factors - The market adjustment is influenced by various complex factors, including a downward revision of global economic growth forecasts by the IMF from 3.3% to 2.8% for this year, and geopolitical uncertainties affecting market risk appetite [4] - Certain previously high-performing sectors, such as semiconductors and new energy, are experiencing profit-taking due to disappointing earnings or overvaluation, leading to a pullback in stock prices [4] - A decrease in trading volume indicates a tight market liquidity situation, which is limiting the upward potential of the market [4]

Core Viewpoint - Shareholder Pingyang Shengxun plans to reduce its stake in Yuanfei Pet (001222.SZ) by up to 3% of the company's total share capital through centralized bidding or block trading [1] Summary by Category Company Actions - The shareholder intends to sell up to 5,651,413 shares, which represents no more than 3% of the total share capital of Yuanfei Pet [1]

Core Points - The establishment of the Anhui Pet Industry Association marks a significant milestone in the development of the pet economy in Anhui, indicating the maturity of the regional pet industry [1] - The association aims to promote standardization, resource integration, industry self-discipline, and regional collaboration, setting a benchmark for high-quality development in the pet industry [1] - The Long Triangle's first cross-regional Pet Industry Collaborative Innovation Alliance was formed, involving five provinces, which will focus on collaboration in industrial chain, technological innovation, market expansion, and talent cultivation [1] Summary by Sections Establishment of the Association - The Anhui Pet Industry Association was officially established during the conference, with the approval of its charter and the election of its first leadership team [1] - The CEO of Wenshi Biotechnology Co., Ltd., Lv Shaojun, was elected as the president of the association [1] Collaborative Innovation Alliance - A collaborative innovation alliance was formed among pet industry associations from Shanghai, Jiangsu, Zhejiang, Fujian, and Anhui, signing an agreement to enhance cooperation in various areas [1] - The alliance aims to leverage regional advantages and promote a differentiated division of labor to build an innovative development ecosystem [1] Investment Promotion and Experience Sharing - The conference included a promotional session for investment in the Fanchang District, with several pet-related projects signed [2] - Industry experts shared their experiences, and attendees visited local facilities, including the Fanchang Museum and Wenshi's super factory [2]