Group 1 - The core point of the article is that Huagong Technology (SZ 000988) held its 20th meeting of the 9th board of directors on December 29, 2025, to discuss adjustments to the expected daily related transactions for 2025 [1] - For the first half of 2025, Huagong Technology's revenue composition is as follows: 71.05% from computer, communication, and other electronic equipment manufacturing; 28.23% from sensor and perception materials manufacturing; and 0.72% from leasing and others [1] - As of the time of reporting, Huagong Technology has a market capitalization of 80.6 billion yuan [1] Group 2 - The article also highlights a significant event involving Moutai's distributor conference, where over 2,000 attendees gathered to discuss major changes related to Moutai's pricing and distribution [1] - Chairman Chen Hua emphasized that distributors can no longer rely on passive income [1]