Group 1 - The company has completed the transfer of 75% equity of Wuhan Suoer Cookware Co., Ltd. from its wholly-owned subsidiary Wuhan Suoer Pressure Cooker Co., Ltd., making Wuhan Suoer Cookware a wholly-owned subsidiary of the company [1][2] - The equity transfer was conducted at a book net asset value of 386.82 million yuan, with the transfer date set as August 31, 2025 [1] - The transfer is aimed at optimizing the company's management structure and improving internal management efficiency, and it will not change the scope of the company's consolidated financial statements [1] Group 2 - The industrial and commercial registration procedures for the equity transfer have been completed, confirming the new ownership structure of Wuhan Suoer Cookware Co., Ltd. as a wholly-owned subsidiary [2]

Group 1: Open Market Operations - The central bank conducted a 7-day reverse repurchase operation of 212.8 billion yuan at a fixed rate of 1.40% on November 14, with a net injection of 71.1 billion yuan for the day [1] - A total of 626.2 billion yuan was injected into the market during the week [1] Group 2: Funding Conditions - The interbank market remains balanced, but overnight repurchase rates have risen by over 5 basis points to around 1.37% as the tax period approaches [3] - The central bank's continuous net injections have effectively stabilized market sentiment, indicating a maintained liquidity stance [3] Group 3: Interbank Certificates of Deposit - The latest transaction rate for one-year interbank certificates of deposit is at 1.64%, showing a slight increase from the previous day [7] Group 4: Bond Market Overview - The yields on major interbank bonds showed mixed movements, with specific rates for government bonds and policy bank bonds varying [9] - The 30-year main contract for government bonds rose by 0.03%, while the 10-year and 5-year contracts remained unchanged [12] Group 5: Economic Indicators - China's industrial output grew by 4.9% year-on-year in October, down from 6.5% previously, while retail sales increased by 2.9% [13] - Fixed asset investment decreased by 1.7% year-on-year in the first ten months, with private investment down by 4.5% [13] Group 6: Real Estate Market - In October, housing prices in major cities showed a decline both month-on-month and year-on-year, with first-tier cities experiencing a 0.3% drop in new home prices [14] Group 7: Corporate Actions - Country Garden announced plans for overseas debt restructuring, aiming to reduce over $11 billion in debt with sufficient creditor support [15] Group 8: Regulatory Developments - The People's Bank of China released new regulations for interbank market brokerage services, effective January 1, 2026, focusing on enhancing internal controls and service agreements [15]