Core Viewpoint - The joint notification issued by the Ministry of Commerce, the People's Bank of China, and the National Financial Regulatory Administration aims to enhance collaboration between commerce and finance to boost consumption through 11 policy measures focusing on various consumption sectors [1][2]. Group 1: Policy Measures - The notification emphasizes deepening collaboration between commerce and finance systems, encouraging local departments to enhance communication and cooperation, and promoting a combination of fiscal, credit, and social capital [1]. - It highlights the importance of cross-departmental coordination to implement consumption-boosting measures, with the Ministry of Finance and the People's Bank of China already implementing personal consumption loan interest subsidies since September 1 [1]. - The notification aims to create a "1+N" policy framework to support service consumption, focusing on sectors like home services, hospitality, entertainment, education, tourism, and elderly care [2]. Group 2: Financial Support and Innovation - The notification calls for enhancing financial services for durable goods and digital products, exploring the potential for upgrading commodity consumption [2]. - It encourages the development of innovative financial products and services that integrate into consumption scenarios, particularly in emerging sectors like green consumption and digital consumption [2]. - Financial institutions are urged to create tailored loan products for rural e-commerce and urban consumption hotspots, expanding online channels and strengthening offline services [2]. Group 3: Collaborative Consumption Activities - The notification promotes a collaborative approach among government, finance, and enterprises to conduct diverse consumption promotion activities and share information effectively [3]. - It encourages financial institutions to customize digital RMB smart contract red envelope services based on local consumption policies and needs [3]. - Local commerce departments are advised to establish a list of key projects in the consumption sector and enhance information sharing with financial institutions to facilitate precise service matching [3].

Group 1 - The company reported a total operating revenue of 19.112 billion yuan for the first half of the year, representing a year-on-year decrease of 30.68% [1] - The net profit attributable to shareholders of the listed company was 62.8138 million yuan, reflecting a significant year-on-year decline of 94.50% [1] - The basic earnings per share stood at 0.016 yuan per share [1]